View Full Version : Mandleson: UK MUST join eurol
guuna
13-06-2009, 02:19 AM
http://www.dailyexpress.co.uk/posts/view/107214
Mandy seems to think that the UK must join the euro for some reason.
Less than a week after he and his partner in crime fared very badly indeed on what amounts to a referendum on their performance.
If there was an award for the most hated man in the UK at the moment, Mandy may well win it.(even ahead of Brown!)
steevo
13-06-2009, 02:28 AM
http://www.dailyexpress.co.uk/posts/view/107214
Mandy seems to think that the UK must join the euro for some reason.
Less than a week after he and his partner in crime fared very badly indeed on what amounts to a referendum on their performance.
If there was an award for the most hated man in the UK at the moment, Mandy may well win it.(even ahead of Brown!)
Just by him saying that we must join the Euro, this willl have the desired effect of crashing the pound. People must NOT panic and must NOT rush to change their pounds for Euros, but unfortunately, I can see that happening.
Mandleson should by tried for treason.
cornilouse
13-06-2009, 02:39 AM
i agree with both commenter s above, i have been telling the sheeple for ages, that the whole financial crisis in this country is for us to join the euro, and with the Lisbon treaty on the way its bye bye UK corp and hello EU corp..
muda fudas
decim
13-06-2009, 02:43 AM
peter fondlesome should feck himself off to europa, permanently.
veritasvoice
13-06-2009, 03:09 AM
I've been telling friends and family for ages that the UK would be forced into the single currency. I usually got comments ranging from a verbal pat on the head, to ridicule, to accusations of insanity, along with assertions like "The government would never let that happen!"
It's a good thing that Mandy can't keep his mouth shut; this could wake up a LOT of people fast to the coming EU tyranny.
I can only pray that I will live to see the day when ALL of these fascist NWO criminals on BOTH sides of the Atlantic rot in a small dark cell.
the nine
13-06-2009, 03:37 AM
http://www.dailyexpress.co.uk/posts/view/107214
Mandy seems to think that the UK must join the euro for some reason.
Less than a week after he and his partner in crime fared very badly indeed on what amounts to a referendum on their performance.
If there was an award for the most hated man in the UK at the moment, Mandy may well win it.(even ahead of Brown!)
because Satan said so!!!
its the feast of the beast any time now, when Satan returns after 28 years for his year long feasting on humans blood and fear and desire.
he will be dishing out hin next plans of 5,10 and 20 years, the likes of mandleson bush blair cheney etc have not quite achieved the last plans, but it must be imperative that we achieve the incarceration of europe and the north american union, so they can bring about a single world tyranny in the next 28 years.. with an omnipotent satan, through technology, just like the god he challeged!
anyway we should insist on a referendum and encourage all our friends and family to vote a big NO!
free thinker
13-06-2009, 09:02 AM
http://www.spiegel.de/international/europe/0,1518,608985,00.html
says it all!
pinkgeranium
13-06-2009, 10:19 AM
peter fondlesome should feck himself off to europa, permanently.
lol.... Did,nt the odious little weezle give up a very cushy job in Europe to come to Gordys aid. Makes you wonder just who was in conrol of that decision.
and what the Common Purpose is ;)
http://i42.tinypic.com/v8q96x.jpg
anthony65
13-06-2009, 10:51 AM
http://i42.tinypic.com/v8q96x.jpg
Was he in the Village People? :rolleyes:
Builder or Cowboy? :D
He was a Communist of course and went off to some super duper event in Cuba in the 70's before trotting off to the Labour Party where his spin (lies) were influential in creating New Labur.
Mandelson is a major, major player...
Let him fail!
kay123
13-06-2009, 10:58 AM
Once that happens, you betcha there'll be no backing out of the EU.
We need to get out of it NOW before we can be duped into accepting the euro.
anthony65
13-06-2009, 11:05 AM
http://www.dailyexpress.co.uk/posts/view/107214
Mandy seems to think that the UK must join the euro for some reason.
Less than a week after he and his partner in crime fared very badly indeed on what amounts to a referendum on their performance.
If there was an award for the most hated man in the UK at the moment, Mandy may well win it.(even ahead of Brown!)
The comments under the article are very good.
Anyone fancy adding to them?
alternative_answer
13-06-2009, 11:25 AM
Have a look at the front page of the Daily Express today to see how the mind manipulation is effected on us.
Top story: "Mandelson we must join Euro"
Side Story: Picture of Susan Boyle with caption "Back on song"
On a conscious level people would not make an association between the 2 stories. But look at it closely. Big headline in bold Mandelson:
Caption under Susan Boyle's picture in big white bold; Back On Song.
It is so cleverly worked until you begin to see through the veil of deception.
jesuitsdidit
13-06-2009, 11:28 AM
Mandleson: UK MUST join eurol
def a good ol NWO blokey..
jesuitsdidit
13-06-2009, 11:29 AM
Have a look at the front page of the Daily Express today to see how the mind manipulation is effected on us.
Top story: "Mandelson we must join Euro"
Side Story: Picture of Susan Boyle with caption "Back on song"
On a conscious level people would not make an association between the 2 stories. But look at it closely. Big headline in bold Mandelson:
Caption under Susan Boyle's picture in big white bold; Back On Song.
It is so cleverly worked until you begin to see through the veil of deception.
interesting line..
alternative_answer
13-06-2009, 11:48 AM
Go look at other news headlines in news papers, watch the news on TV and see how things are presented in such a way that they appear to have no connection or link. When in fact they but they are cleverly managed and presented for exactly that purpose, for the mind to make a direct association and thus change our perceptions.
Mandelson
Back On Song
We are being conditioned to accept the Euro, and for a facist super state. Every area of our lives is being attacked and impressed upon.
wakeuptime
13-06-2009, 12:13 PM
I can only pray that I will live to see the day when ALL of these fascist NWO criminals on BOTH sides of the Atlantic rot in a small dark cell.
Bravo. Every single stinking one of them, Lord Obama included.
alternative_answer
13-06-2009, 12:18 PM
Once that happens, you betcha there'll be no backing out of the EU.
We need to get out of it NOW before we can be duped into accepting the euro.
Every second of your waking day you are being conditioned to accept this, only when you begin to see through the veil of deception can you begin to have a good old chuckle at people like Mandelson and the rest of the puppets.
and justice for all
13-06-2009, 01:08 PM
Mandleson: UK MUST join Euro
http://www.dailyexpress.co.uk/posts/view/107214
And there you have it, that's why they brought him back.
lhaull
13-06-2009, 01:50 PM
You know I am a peaceful man, but these fuckers won't stop till they are shot.
Sorry if that offends, but seriously, these guys, they do not give a fucking damn about you or I or your family.
They are pressing ahead with these plans to screw us all.
And they will never ever change.
say what you like about the french, but cutting off the head is a sure fire way to get someones attention.
and justice for all
13-06-2009, 02:15 PM
You know I am a peaceful man, but these fuckers won't stop till they are shot.
Sorry if that offends, but seriously, these guys, they do not give a fucking damn about you or I or your family.
They are pressing ahead with these plans to screw us all.
And they will never ever change.
say what you like about the french, but cutting off the head is a sure fire way to get someones attention.
Oh! I love the French! But they’re turned rather soft over the years... otherwise why else they’d have that globalist snake Sarkozy as head of state.
lhaull
13-06-2009, 02:47 PM
Oh! I love the French! But they’re turned rather soft over the years... otherwise why else they’d have that globalist snake Sarkozy as head of state.
Yeah, port blockades were fine but their head chopping was something else.
Look, seriously I am a peaceful guy, but somethings....
Somethings make me really mad.
and justice for all
13-06-2009, 02:53 PM
Yeah, port blockades were fine but their head chopping was something else.
Look, seriously I am a peaceful guy, but somethings....
Somethings make me really mad.
Look! We shouldn’t have to constantly apologize for feeling angry and itching to act against what is oppressing us by any means necessary, it is the normal and totally justifiable response. If you wouldn’t feel like that, you wouldn’t be any better than the domesticated masses.
scooby doo
13-06-2009, 03:21 PM
Check out the start of the second paragraph Where was he speaking from when he said that Britain MUST join the Euro?....Speaking in Berlin! Well that makes sense huh...Fucking Nazis they haven't gone away ya know! Operation Paperclip anyone?!
Operation Paperclip - Wikipedia, the free encyclopedia
http://www.theforbiddenknowledge.com/hardtruth/operationpaperclip.htm
Also check the last line of the story in the paper!
http://www.dailyexpress.co.uk/posts/view/107214
So what referendum would that be? The one Britain never got on the Lisbon Treaty or the referendum Ireland got but where told you can't vote 'NO' please vote again!
CLOWNSHOES the lot of em'
ALSO MAKES ME THINK RENTBOYS ARE CHEAPER TO HIRE FOR THE NIGHT IN EUROS RATHER THAN POUNDS! :cool:
and justice for all
13-06-2009, 03:34 PM
Check out the start of the second paragraph Where was he speaking from when he said that Britain MUST join the Euro?....Speaking in Berlin! Well that makes sense huh...Fucking Nazis they haven't gone away ya know! Operation Paperclip anyone?! [...]
Well it’s more like this...; America’s time as the headquarters for the empire is over, that’s why they’re bankrupting it, they want EU to be their new center of operations with the European Central bank as the new Fed. In this framework Mandelson’s comments are just a glimpse of things to come, most likely once the next lot of puppets (the Tories) have been voted in...
scooby doo
13-06-2009, 04:38 PM
Well it’s more like this...; America’s time as the headquarters for the empire is over, that’s why they’re bankrupting it, they want EU to be their new center of operations with the European Central bank as the new Fed. In this framework Mandelson’s comments are just a glimpse of things to come, most likely once the next lot of puppets (the Tories) have been voted in...
Personally feel America was just the figure head anyhow. Since the end of the second world war that country has been involved in some part (publicy) in almost every war going. Yet before hand it was a country that keep pretty much to it's self. Think Op Paperclip has alot to do with this. I feel the power has always been in Europe via Royals,Vatican,Rothchilds and others. America got to wear the black hat and play the baddie in the film so to speak. Which President said ''beware of industrial complex'. (Eisenhower, just goggled it). I'm not from America but feel this has/is the case. People look at America while the real power is in Europe (Eupope lol) goes about it's sinster business under the cover of dark. Classic 'smoke and mirrors'. Not to say that the yanks have a few evil minded people either mind you.
http://kansasguy.blogspot.com/2009/06/eisenhower-beware-military-industrial.html
http://coursesa.matrix.msu.edu/~hst306/documents/indust.html
This makes sense to me when you think about how these slimy fuckers work.
and justice for all
13-06-2009, 04:45 PM
Personally feel America was just the figure head anyhow [...]
I also think that the real head of the beast rests elsewhere, perhaps in places like Switzerland, Monaco or Luxemburg (or somewhere along those lines...). Figure head or not, America is going down and they want their new “figure head” to be the EU.
scooby doo
13-06-2009, 04:48 PM
I also think that the real head of the beast rests elsewhere, perhaps in places like Switzerland, Monaco or Luxemburg (or somewhere along those lines...). Figure head or not, America is going down and they want their new “figure head” to be the EU.
Think you are prob right!
When you look at the whole thing I just makes you're head hurt...well it does mine anyhow. It's like an octopus if you get what I mean. Where is the head?! Don't think really to many people know for sure :(:confused::mad:
and justice for all
13-06-2009, 05:03 PM
...When you look at the whole thing I just makes you're head hurt...well it does mine anyhow. It's like an octopus if you get what I mean. Where is the head?! Don't think really to many people know for sure :(:confused::mad:
Totally. It’s no small feat to try to make sense of it all, or attempt to figure out the culprits. But hey! They made it their lifestyle for generations to stay in the shadows. “They” don’t even give themselves a name, that’s why some people call them globalists, others the elite, the term "brotherhood" has been thrown around, illuminati (etc). For me it doesn’t matter what their name is, or who they are even, for their deeds will shall identify them. Every time there’s oppression, social injustice, draconian measures (etc) you can bet your butt that it’s them pulling the strings. People should rise against these things everywhere, eventually you’ll corner them down....
I’m an idealist I know!
scooby doo
13-06-2009, 05:35 PM
Totally. It’s no small feat to try to make sense of it all, or attempt to figure out the culprits. But hey! They made it their lifestyle for generations to stay in the shadows. “They” don’t even give themselves a name, that’s why some people call them globalists, others the elite, the term "brotherhood" has been thrown around, illuminati (etc). For me it doesn’t matter what their name is, or who they are even, for their deeds will shall identify them. Every time there’s oppression, social injustice, draconian measures (etc) you can bet your butt that it’s them pulling the strings. People should rise against these things everywhere, eventually you’ll corner them down....
I’m an idealist I know!
In a perfect world dude in a perfect world.
Still there is the spirt world and not sure how she works but hopefully it's a great leveler! :cool:
jesuitsdidit
13-06-2009, 06:05 PM
The Business Secretary said a "small group" within the party would never be reconciled to the Prime Minister's leadership, and he did not silence his critics when he faced down demands for his resignation at Monday's meeting of the Parliamentary Labour Party.
http://uk.news.yahoo.com/4/20090613/tuk-mandelson-brown-will-face-fresh-chal-dba1618.html
Mandelson: Brown will face fresh challenge
2 hours 5 mins ago
Gordon Brown will face another challenge to his authority later this year, Lord Mandelson has predicted.
The Business Secretary said a "small group" within the party would never be reconciled to the Prime Minister's leadership, and he did not silence his critics when he faced down demands for his resignation at Monday's meeting of the Parliamentary Labour Party.
Lord Mandelson predicted another backbench rebellion around the time of Labour's annual conference in September.
He said: "There's a small group who keep coming back. They won't be reconciled to the Prime Minister's leadership." But he added that he would not "lose any sleep" over the threat they posed.
Meanwhile, John Prescott has issued a sharp rebuke to David Miliband after the Foreign Secretary admitted in an interview he considered quitting the Cabinet during last week's leadership crisis.
The former deputy prime minister said Mr Miliband's comments would breed disunity in the party and make a new leadership challenge against Gordon Brown more likely.
Mr Prescott questioned the Foreign Secretary's motive for speaking out, and revealed he already had "suspicions" about Mr Miliband after spotting him deep in conversation with Blairite former minister Alan Milburn at Westminster last week.
Mr Miliband indicated that he considered following James Purnell out of the Cabinet when his old friend quit as Work and Pensions Secretary as polls closed in last Thursday's European and local elections.
Writing on his Internet blog, Mr Prescott said: "Yet again we have to question his motive. Why make a statement like this just when the party is pulling together and fighting back, especially after the political cabinet yesterday?
"I agree with David that we have the fight of our life on our hands to save this Government. But David, these actions do not help. They create uncertainty and doubt.
"So can I repeat to him and others: Stop complaining and get campaigning."
jesuitsdidit
13-06-2009, 06:06 PM
^
well
he wd know wdnt he..
decim
13-06-2009, 06:10 PM
mandelson is lining himself up as broons successor
and justice for all
13-06-2009, 06:19 PM
In a perfect world dude in a perfect world. [...]
:);):)
jesuitsdidit
13-06-2009, 07:28 PM
op
http://www.dailyexpress.co.uk/posts/view/107214
MANDELSON: WE MUST JOIN EURO
Saturday June 13,2009
By Gabriel Milland
Comment Speech Bubble Have your say(74)
PETER Mandelson sparked fury yesterday when he let slip that ditching the pound in favour of the euro remains an "important objective" for Labour.
Speaking in Berlin, Lord Mandelson insisted the euro had been a great success during the global downturn.
The obsessively pro-Europe First Secretary of State’s comments caused widespread alarm at Westminster, especially as Labour has repeatedly failed to honour its manifesto pledge to hold a referendum on the European treaty.
In a revealing insight into Government thinking, Lord Mandelson, who was yesterday sworn in by the Queen as Lord President of the Privy Council, said: “Does it remain an important objective for Britain to
clear that the euro has been a great success in anchoring its eurozone members during the financial crisis.
“I hope people will recognise that this represents a major vindication for the single currency.”
The Daily Express recently revealed that the EU’s top official said the UK was “closer than ever before” to entering the single currency.
Commission President Jose Manuel Barroso added that the “people who matter in Britain now want to join the euro”.
Those people obviously include Lord Mandelson. Shadow Foreign Secretary William Hague yesterday described his comments as extremely alarming.
“It is deeply disturbing that the man who now makes most of the Government’s policies has declared that Britain should join the euro,” he said.
“The fact is that if we had scrapped the pound interest rates would have been lower in the boom and would now be higher.
“Under the euro, Gordon Brown’s boom and bust would have been even deeper.
“Lord Mandelson’s failure to learn this lesson shows how bereft Labour are of fresh thinking. This Government is stuck in the obsessions of the past.
"There are no circumstances in which the next Conservative government will propose joining the euro.”
The money markets reacted quickly to Lord Mandelson’s comments, knocking almost two cents off the value of the pound against the US dollar. The pound was also down against the euro.
There was criticism of Lord Mandelson’s claim that the euro had shielded its members from the worst of the recession.
Derek Scott, a former economic adviser to Tony Blair, insisted it was nonsense to see joining the euro as improving Britain’s prospects.
“Eurozone membership is not the answer,” he said. “We’re seeing German output falling by six per cent and Spain’s unemployment heading for 25 per cent – definitely not success stories.”
Britain’s most recent figures show the economy shrinking by a disastrous 4.1 per cent. But the eurozone is faring even worse at 4.8 per cent.
It is not the first time Lord Mandelson, who served four years as Britain’s EU Commissioner in Brussels, has been at the centre of a row over the single currency.
But the long-time enthusiast for European integration now has unprecedented influence over a badly weakened Prime Minister.
Number 10’s official policy on the euro remains unchanged – that a clear and unambiguous case for UK membership has not at the present time been made.
Ministers have also repeatedly insisted that there would be a referendum on joining up.
jesuitsdidit
13-06-2009, 07:31 PM
Speaking in Berlin, Lord Mandelson insisted the euro had been a great success during the global downturn.
is that why they created the downturn then??
lots of other countries who were 'out'
r now talking about coming 'in'
eg denmark, iceland
those 'in' r saying how lucky they were..
tumtitumtitum
jesuitsdidit
13-06-2009, 07:40 PM
http://www.spiegel.de/international/europe/0,1518,608985,00.html
says it all!
http://www.spiegel.de/international/europe/0,1518,608985,00.html
02/20/2009
A TEST FOR EUROPE'S COMMON CURRENCY
Support for Wobbly Euro Economies
By Christian Reiermann
Germany's Finance Ministry is currently looking into ways to help struggling euro zone member states. Its ultimate aim is to save Europe's common currency from collapse. Will Germany have to bail out other EU states the way it is rescuing its banks and industry?
The Germany finance minister chose a stage far away from the political hustle and bustle of the German capital Berlin to speak about the unspeakable. "We have a few countries in the euro zone who are getting into difficulties with their payments," Peer Steinbrück told a crowd in Düsseldorf on Monday. He was speaking at an event organized by his political party, the center-left Social Democrats (SPD), with the optimistic title: "The new decade."
European Central Bank President Jean-Claude Trichet.
REUTERS
European Central Bank President Jean-Claude Trichet.
From Steinbrück's perspective, the coming decade may well be a gloomy one -- at least for some members of the euro zone, the countries that have adopted Europe's common currency. Ireland, especially, is currently in a "very difficult situation," Steinbrück said, confirming what until then only currency market speculators or independent researchers had dared to say. Then the minister went a whole lot further: "If one euro zone gets into trouble, then collectively we will have to be helpful."
The concession was tantamount to a complete reversal. Until Monday, not a single representative of the euro zone had been willing to discuss the possibility of aid measures for countries in dire financial straits. Instead they have pointed to the Maastricht Treaty, which provides the foundations for the common currency. The treaty prohibits the community of states from providing financial aid to individual euro zone members. Each government is required to keep its own finances in order so that no country becomes dependent on another.
But now Steinmeier is creating the impression that some euro zone members may ultimately require the same kind of bailout already seen in the banking industry and manufacturing. It could come at the cost of billions to taxpayers. "The euro-region treaties don't foresee any help for insolvent countries, but in reality the other states would have to rescue those running into difficulty," Steinbrück said.
For German taxpayers, this would be no small sum. If Germany were to pay into a bailout based on its size relative to other euro zone countries, it would be forced to cover one-fourth of the entire tab.
Just one week ago, Steinbrück struck an altogether different tone. After a meeting with his fellow euro zone finance ministers, he warned of "horror scenarios." Jean-Claude Trichet, president of the European Central Bank (ECB) had just acknowledged reports of the growing problems a few governments are starting to have in obtaining fresh capital with the comment: "I think these rumors are unfounded."
The truth, though, is that the European Union, central bankers and governments have had concerns about the stability of the currency zone for some time now. Greece, Ireland and Italy, especially, are seen as wobbling. There's already speculation on the markets that these countries will soon be unable to pay their debts, and what used to be the realm of remote places like South America or Asia could soon play out right in the heart of Europe: the bankruptcy of entire countries.
An unpublished European Commission report on the economic and financial situation of each of the member states sheds light on the desolate situation. According to the report, Italy's national debt will grow by 2010 to 110 percent of gross domestic product. Greece will reach a level close to 100 percent.
Under the Maastricht Treaty, the upper ceiling is 60 percent. Germany, too, is set to exceed that limit in 2010, with the deficit growing to 72 percent of GDP. However, because of its economic strength, it is still considered on financial markets to be the most stabile country in the euro zone.
The crash of Ireland's economic miracle has been the most dramatic. The country is on course to nearly triple its deficit. In 2007, it had a deficit equivalent to 25 percent of GDP. By 2010, it is expected to reach 68 percent. "Past experience of financial crises suggests that fiscal costs can be substantial," the European Commission experts warn in the report.
The consequences could be disastrous -- not only for individual countries, but also for the euro zone in its entirety. "As deficits and debt rise rapidly and financial sector rescue packages increase contingent liabilities, market concerns about sustainable fiscal development surface, reflected in sharply risen spreads on sovereign bonds," the study further states.
These statements from EU Currency Commissioner Joaquin Almunia's experts may be written in economic jargon, but they are clearly understood by the financial markets, which are already responding. Compared to German government bonds, which are considered the most secure investments in the euro zone, the three countries are being forced to pay investors a significant risk premium. In Greece that premium is 3 percent, 2.5 percent in Ireland and 1.4 percent in Italy.
Only a short time ago, the costs of floating bonds were largely unified across the euro zone. In light of interest rates that are drifting apart, media in some places, particularly in Britain and the United States, have begun speculating about the possible collapse of Europe's common currency. "Once a blessing, now a burden," the New York Times recently wrote in an article detailing the turbulence.
Jürgen Stark, the ECB's chief economist, believes these assessments are exaggerated. "When American states are on the verge of insolvency, no one questions the survival of the dollar," he says. States like California and New York are already forced to pay higher interest rates on bonds they issue than the federal government.
Besides, the euro zone member states could hardly afford to allow the currency union to collapse -- especially the hardest-hit countries. If Greece or Italy reintroduced the drachma or the lira, "it would seriously aggravate these countries' economic and financial problems," Stark believes.
The new currency would certainly be weaker than the euro, and the countries would still be required to pay their past debts in euros. The countries' debts and interest rates would create even further pressure.
The ECB and European Commission are now moving to bring delinquent countries into line. Earlier this week, Currency Commissioner Almunia and ECB President Trichet took Greece to task. They called on the Greek finance minister to clean up his country's finances and introduce economic reforms.
In Germany, Finance Minister Steinbrück no longer believes that the heavily indebted countries are capable of pulling themselves out of the mess without outside help. He recently asked his staff to draft scenarios for rescue measures. They've come up with four:
* The payment problems could be solved by issuing "bilateral bonds." In this case, Germany would issue bonds to raise money for hard up countries. It would be a flexible solution, but it would also place the burden of bailing countries out on a few major EU states.
* As an alternative, a group of several member states could collectively float a bond. The disadvantage for Germany? Interest rates would be higher than if Berlin were to go it alone.
* The European treaties do not include provisions that would allow Brussels to undertake aid measures at the EU level. But the German Finance Ministry believes it would be legal for the EU to do so. According to the ministry's legal analysis, the EU could provide aid if a member state faced extraordinary circumstances. But the procedure would come with complications, since it would represent the first time the EU had taken out its own loans on capital markets.
* The final possibility cited by Steinbrück's staff would be an aid package provided by the International Monetary Fund, which already provides aid to countries in a financial state of emergency around the world. Of course, IMF can issue loans under far stricter conditions than would be possible for the EU or member states. The problem is that an intervention on that scale in Europe would not only be damaging for the country receiving the aid, but also for the entire euro zone.
Hardliners like ECB chief economist Stark don't want to hear anything about such proposals. "The ban preventing the EU and its member states from taking responsibility for the debts of partner countries is an important foundation for the currency union to function," he says. Stark fears that additional member states will abandon their fiscal discipline if they know others will bail them out. In his view, countries must take responsibility for cleaning up their own financial messes -- even if it results in the kinds of riots and unrest seen in Greece recently.
For their part, academics are a bit more pragmatic. "The euro zone has to find a way of dealing with the financial disorder of individual countries," argues Henrik Enderlein, a professor at the Hertie School of Governance in Berlin. He believes the best option would be a rescue fund that would include IMF participation. That, he argues, would make it easier to ensure that improvements were made in the countries receiving them.
The euro zone turbulence has shown that procedures so far in place to unify policies and provide checks and balances are insufficient for weathering a serious crisis. The most urgent omission is a provision between governments on the circumstances under which they would be obligated to bail each other out.
Nevertheless, on Wednesday German Finance Minister Steinbrück suggested that the euro zone would still be capable of acting -- even in a worst case scenario. He said it was totally absurd that anyone could believe the collapse of the euro zone was a possibility.
Steinbrück's predecessor as finance minister, Hans Eichel, goes a step further, arguing: "We need a European economic government. The economic and finance policies of individual member states need to be coordinated better than they have been up until now."
The nucleus of what could become that "economic government" already exists with the Euro Group, the body that includes the finance ministers of euro zone states. Its work could be enhanced if, from time to time, the countries' leaders would come together and address pressing economic and financial issues.
During his time in office, Eichel tended to reject the calls for an economic government that were championed by the French. Just as Steinbrück is now doing.
RELATED SPIEGEL ONLINE LINKS
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Budgetary Pressure: EU Concerned as Countries Violate Deficit Rules (02/18/2009)
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Troubles in Brussels: EU Lacks Ideas and Direction in Economic Crisis (02/16/2009)
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Governments under Pressure: Popular Rage Grows as Global Crisis Worsens (02/09/2009)
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Iceland on the Thames: Can Countries Really Go Bankrupt? (01/30/2009)
marpat
13-06-2009, 07:42 PM
http://www.dailyexpress.co.uk/posts/view/107214
Mandy seems to think that the UK must join the euro for some reason.
Less than a week after he and his partner in crime fared very badly indeed on what amounts to a referendum on their performance.
If there was an award for the most hated man in the UK at the moment, Mandy may well win it.(even ahead of Brown!)
He is probably getting a wad of cash for trying to force the issue. We survived without it for long enough so why the need?
People like him are only interested in gaining wealth, power and status and are not concerned or interested with what the voters want, even though they rely on us for public money and votes.
lightgiver
13-06-2009, 08:26 PM
Click on links,
http://www.davidicke.com/forum/showthread.php?t=38855&page=2
http://www.davidicke.com/forum/showthread.php?t=38773&page=2
http://www.davidicke.com/forum/showthread.php?t=40359
http://www.davidicke.com/forum/showthread.php?t=42877
tyler
13-06-2009, 08:45 PM
Mandelbum....Lord President of the Privy Council?
How fitting. Lord of the Toilet.
King of the Cottage.
Cunt.
alfrmo
13-06-2009, 08:50 PM
Mandelson, is no doubt the most powerful man in the cabinet. His remit the same as when he came back from Brussels, and that is to integrate Britain further into his Illuminati Masters' plans of a European Super State. What he is doing when he states that the opposition to Brown is not a threat, is actually highlighting that there is opposition, which portrays him as both loyal and knowledgeable, whilst he is actually highlighting the weakness of Brown's leadership! This Machiavellian creep serves his masters well, and should not be underestimated. His loyalties do not, and have never been to Britain's interest!
free thinker
13-06-2009, 08:55 PM
Mandelbum....Lord President of the Privy Council?
How fitting. Lord of the Toilet.
King of the Cottage.
Cunt.
:eek::D:D
frase
13-06-2009, 11:01 PM
Im not trying to be controversial, but what are the downsides of joining the Euro?
The company I work for imports alot of stock from Europe, and in the recent financial climate it has been costing us a fortune due to having to pay in Euros....
Can someone please explain what the main downsides are.
i genuinely don't know.
jesuitsdidit
13-06-2009, 11:52 PM
Im not trying to be controversial, but what are the downsides of joining the Euro?
The company I work for imports alot of stock from Europe, and in the recent financial climate it has been costing us a fortune due to having to pay in Euros....
Can someone please explain what the main downsides are.
i genuinely don't know.
the reason yr costs hav gone up is bcoz the pound has dropped
why bcoz along with America, UK was the most exposed to
banking imprudence
ergo UK heavily hit by fin crisis
UK doing too much on credit
fantasy land
France, Germany etc tend not to rely on easy credit
tend to save more
and only buy when they can pay for it
yr connection betw hiked costs n euro membership
does not hold
they r different things
the whole euro/EU scheme is artificial
it only makes sense if u understand
that EU is one (and the most advanced) of the 5 blocks
that will finally be melded together
to create a One World Government (NWO)
which is the final goal
whether it pays its way is secondary
it will exist regardless of whether it makes sense financially or not
of course they want as many members of the Euro as poss
bcoz it strengthens the Union and weakens the individual state
at the end of the day its not about economics
efficient trading blok or inefficient trading blok, it must exist
the reason most Euro members r relatively unaffected by
financial crisis is not bcoz they r Euro members
but bcoz they, by tradition, do not go in for cheap credit
and never got sucked into the Thatcher/Reagan/Bush
'profit is the only thing that counts' mentality
and their banks dont believe in fuelling a bubble for their short-term gains
they havnt taken big risks
hence the collapse has not hit them
We, The Truth Movement, are anti-EU
bcoz we believe it is a major part of the NWO plan..
ok?
bob_jones
13-06-2009, 11:57 PM
I used to oppose the euro but I know it will end the reign of the Windsor Fraud.
In time to save my life I hope.
See here...
http://www.davidicke.com/forum/showthread.php?t=68680
Go look at other news headlines in news papers, watch the news on TV and see how things are presented in such a way that they appear to have no connection or link. When in fact they but they are cleverly managed and presented for exactly that purpose, for the mind to make a direct association and thus change our perceptions.
Mandelson
Back On Song
We are being conditioned to accept the Euro, and for a facist super state. Every area of our lives is being attacked and impressed upon.
Do you read the news behind the news thread a lot of this is exposed there daily ! :D
kallista
14-06-2009, 07:40 AM
Peter mandelson, or 'Stoneman of the Sun' was born and raised for the job. Check his wiki entry. Textbook.
alternative_answer
14-06-2009, 12:19 PM
Do you read the news behind the news thread a lot of this is exposed there daily ! :D
I will start doing now, I find it facinating....
jesuitsdidit
14-06-2009, 12:46 PM
since last weeks attempted coup
mandelson now has 3 departments
plus title of First Secretary
plus Controller of the Privy Council
he is Deputy Prime Minister in all but name
BUT
did he say to Gordon
'i'll save you but theres a price?'
he is certainly now in a very powerful position
New Labour is pure illuminism i reckon
Mandelson is def more New Labour than Gordon..
jesuitsdidit
15-06-2009, 01:38 PM
Have a look at the front page of the Daily Express today to see how the mind manipulation is effected on us.
Top story: "Mandelson we must join Euro"
Side Story: Picture of Susan Boyle with caption "Back on song"
On a conscious level people would not make an association between the 2 stories. But look at it closely. Big headline in bold Mandelson:
Caption under Susan Boyle's picture in big white bold; Back On Song.
It is so cleverly worked until you begin to see through the veil of deception.
maybe
it means
EU now back in control of
Nu Labour
as it was under Blair..
alternative_answer
15-06-2009, 06:30 PM
maybe
it means
EU now back in control of
Nu Labour
as it was under Blair..
That's a good point, you can see how our perceptions can easily be changed using such a simple process. Obviously the media is controlled in this country and we believe we're free. :(