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Topics => World/Foreign Affairs => Topic started by: BMG on October 18, 2011, 12:16:32 PM

Title: Is the EU Going to Topple?
Post by: BMG on October 18, 2011, 12:16:32 PM
http://www.reuters.com/article/2011/10/18/us-italy-ratings-sp-idUSTRE79H4RZ20111018 (http://www.reuters.com/article/2011/10/18/us-italy-ratings-sp-idUSTRE79H4RZ20111018)

Buckle up people! This may be the start of the collapse of the EU.

Guess we'll know after we see what happens with Greece this week. Just last week I read a story about Germany saying 'no more cash from Germany to bail out Greece'. Some blog posts I was reading at the time were basically saying that the EU was set to fall either before or by the end of the year.

http://www.telegraph.co.uk/finance/financialcrisis/8819195/German-push-for-Greek-default-risks-EMU-wide-snowball.html#disqus_thread (http://www.telegraph.co.uk/finance/financialcrisis/8819195/German-push-for-Greek-default-risks-EMU-wide-snowball.html#disqus_thread)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on October 18, 2011, 12:19:16 PM

Could say they have separated, irreconcilable differences, terms of the final divorce have not been settled upon.

Title: Re: Is the EU Going to Topple?
Post by: IronDioPriest on October 18, 2011, 12:24:07 PM
It was utter folly for such disparate nations with such disparate cultures and interests to think they could possibly unite in the first place. Socialist utopia. Phhhht.
Title: Re: Is the EU Going to Topple?
Post by: ToddF on October 18, 2011, 12:24:15 PM
Yes.
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 18, 2011, 12:28:46 PM
@Charles:
Indeed.

If it does go belly up it'll end up being a good news bad news scenario to (at least in my non-professional estimation).

Good news in that people all over the world will only have socialist policies to blame because all of these failing economies are to one degree or another, socialist in nature. It seems to me that this could bring about a global conservative resurgence.

Bad news in that it will bring into being a global depression that looks like it would make the Great Depression of our grandparents seem like good times.

The question(s) I have is: Is this possible near-future collapse by design as an effort to destroy the economies of the 'west' and to then rebuild with a full-on socialist government? And if so, have the globalists overestimated and will the pendulum swing back toward conservatism as a result of the crashing economies?
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on October 18, 2011, 12:42:13 PM

The only millionaires created in Europe are those who are the children of millionaires.  No wealth is created
in Europe.  That is the result of nanny state regulation.

The United States wants for nothing, if we go back to our faith, and deregulate, our economy will take off
like a Saturn rocket.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 18, 2011, 01:26:55 PM
Socialism, the ultimate Ponzi scheme without peer.

It's to die for, ain't it?

/

 ::unknowncomic::
Title: Re: Is the EU Going to Topple?
Post by: trapeze on October 18, 2011, 01:45:11 PM
War has been declared over less than this. We live in precarious times.
Title: Re: Is the EU Going to Topple?
Post by: Damn_Lucky on October 18, 2011, 04:29:27 PM
Yes and if we don't get rid of the current admin. we are next. ::thinking::
Title: Re: Is the EU Going to Topple?
Post by: AlanS on October 18, 2011, 07:03:04 PM
Good news in that people all over the world will only have socialist policies to blame because all of these failing economies are to one degree or another, socialist in nature. It seems to me that this could bring about a global conservative resurgence.

But try to get the socialists to admit their failures. Good luck with that.
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on October 19, 2011, 05:36:20 AM
When the EU was first proposed I had to laugh . I told anyone who would listen that those countries haven't been able to agree on a damned thing in a thousand years . Why in hell should they start now ?
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 22, 2011, 08:32:25 PM
http://www.telegraph.co.uk/news/worldnews/europe/8843785/New-euro-empire-plot-by-Brussels.html (http://www.telegraph.co.uk/news/worldnews/europe/8843785/New-euro-empire-plot-by-Brussels.html)

Quote
European Union chiefs are drawing up plans for a single “Treasury” to oversee tax and spending across the 17 eurozone nations.

The proposal, put forward by Herman Van Rompuy, the European Council president, would be the clearest sign yet of a new “United States of Europe” — with Britain left on the sidelines.

The plan comes as European governments desperately trying to save the euro from collapse last night faced a new bombshell, with sources at the International Monetary Fund saying it would not pay for a second Greek bail-out.

So in essence what this piece is saying is that since throwing money at the problem through bailouts which has not worked (duh!),  the EU is looking to gather all of the 'treasuries' of all of the member nations under one umbrella - effectively ending the sovereignty of each of those members. I would think that that would be even more difficult to do than juggling bailouts frankly.

This is looking pretty ominous to me - I've been reading blogs and opinion pieces for the last couple months that are saying that the EU will fall by the end of the year and this seems like a hail Mary pass on the part of the EU leadership that I have doubts is going to work out favorably. I'm starting to think that those blogs and articles are pretty close to being right on the money.

Here's another quote from this piece:

Quote
The single Treasury plan emerged in Brussels yesterday as Europe’s finance ministers tried to find a way out of the crisis engulfing the eurozone. A full-scale rescue plan could cost about £1.75 trillion.

Germany in particular who has been fronting the lion's share of the bailout cashola thus far is balking at coming up with still more to bridge that 1.75 Trillion pound sterling (or about 2.7 trillion dollars) shortfall that they currently have in order to bail out the EU. Thus, the whole notion of bailing out the EU has apparently fallen to the wayside and they are now considering this other method.

Wow...socialism and big government advocates sure do cause a lot of trouble don't they?

On the other side of the pond (over here that is), it seems we have this to look forward to if the EU should fall.

http://www.marketwatch.com/story/eu-bank-failures-will-crash-wall-street-again-2011-10-18 (http://www.marketwatch.com/story/eu-bank-failures-will-crash-wall-street-again-2011-10-18)
Title: Re: Is the EU Going to Topple?
Post by: Pandora on October 22, 2011, 09:09:44 PM
Insanity is keeping doing whatever one does and expecting a different result.  They're going to double-down on their failure -- do it harder!
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 22, 2011, 09:14:40 PM
All the EU managed to do was open it's borders and let every form of vermin in to help speed up the fall of the EU.Overwhelm the system from within and watch it collaps.Get so many people on the dole that the goverments fail. Sound familiar?
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 22, 2011, 09:26:12 PM
@Pandora and John Fl.:

Yup.
Title: Re: Is the EU Going to Topple?
Post by: Dan on October 22, 2011, 09:38:35 PM
I just don't see it as an "if", just a "when". It can't be sustained.
Cloward and Piven may have put a name on it,. but the idea, a form of economic warfare, isn't new. They're Marxists, after all.
And as far as a "global conservative movement"...I just don't see it happening. NOt with the piss-poor state of education over the last 30-40 yrs. Nobody's taught civics or any sort of citizen responsibility, combined with the outright hostility towards the West permeating education and the "dumbing-down" of the "feel good about myself and you owe me just for being here" generation.
The radicals of the 60's who wanted to see everything "Burn, baby, burn!" remember them? They now hold the levers of power and the unionized thugs in uniforms will place the boot on the neck with nary a second thought.

I've told my wife on several occasions that opur kids will grow up in a world very different from the one we did. First time I said it, she responded with technological accomplishments our parents didn't have.
She missed the point.
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on October 23, 2011, 04:48:11 AM
My grandparents were born at the end of the 19th century . If they walked into a school today , the first thing they'd notice would be the anarchy and chaos in the classrooms . Standards of deportment and civility are out the window and may never come back . Too , too bad .
Title: Re: Is the EU Going to Topple?
Post by: BigAlSouth on October 23, 2011, 05:53:21 PM
The question is: Will the collapse of the EU drag the U.S. economy into a depression?

The Fed apparently has infused billions of freshly printed US currency into Europe in hopes of fending off a collapse. Greece, Spain, Portugal. Holding on for dear economic life. What happens when they can't repay their debt? A cascade of dominoes all the way to Main Street, U.S.A.?

I gots a bad feelin bout dis . . .
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 23, 2011, 07:02:58 PM
That's about the size of it BigAl. It could be as bad as that - and not just on main street U.S.A but on main streets all over the planet. How bad it actually gets remains to be seen. But since all the economies around the globe are essentially tied together if something this big happens you can almost count on a domino effect that will touch most of the world's population.

Of course we can hope that it doesn't get that bad, but I tend to live by this saying: Hope for the best and plan for the worst. So I've been making plans just in case.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 23, 2011, 07:11:04 PM
The question is: Will the collapse of the EU drag the U.S. economy into a depression?

The Fed apparently has infused billions of freshly printed US currency into Europe in hopes of fending off a collapse. Greece, Spain, Portugal. Holding on for dear economic life. What happens when they can't repay their debt? A cascade of dominoes all the way to Main Street, U.S.A.?

I gots a bad feelin bout dis . . .

 This explains why the Chinese and Russions have no part in it. Were the geniuses that stuck our foot in it so we get dragged down into it.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 24, 2011, 07:28:14 AM
Don't worry, just buy some of Turbo Timmy's Magic Elixir - Hopey/Changey T-Floaters for everyone!
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 25, 2011, 11:21:38 AM
Italian Government on brink of collapse (http://www.ft.com/cms/s/0/21d5c8be-feeb-11e0-9b2f-00144feabdc0.html#axzz1bnwz1k91)

Quote
Silvio Berlusconi’s centre-right coalition government in Italy appears in danger of collapsing over European Union demands for a demonstration of concrete action on economic reform by Wednesday’s summit of eurozone leaders.

The EU growing dimmer by the minute (http://money.cnn.com/2011/10/25/news/international/europe_crisis_talks/index.htm?section=money_markets)

Quote
While the stakes are exceedingly high, expectations for bold and swift action are dim. It took three months for comparatively modest crisis measures announced in July to be approved by all 17 euro area governments.

Some experts have already dismissed Wednesday's meeting as a prelude to the Group of 20 summit in early November, when the world's most powerful leaders will gather in Cannes, France, to discuss economic affairs, among other things.

"We have no confidence at all that the various proposed strategies will provide any effective fix for Europe's ills," said Ian Gordon, an analyst at investment bank Evolution Securities in London.
Title: Re: Is the EU Going to Topple?
Post by: AlanS on October 25, 2011, 11:40:41 AM
The EU's demise is inevitable. And the idiots in power here can't see we're headed the down the same hole. ::lalanotlistening::
Title: Re: Is the EU Going to Topple?
Post by: Pandora on October 25, 2011, 12:18:10 PM
And now some leftist idiot in the Vatican is calling for one world-body to police the world's finances.  Which is typical of leftists - the EU is a stinking failure so we should do it again only bigger.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 25, 2011, 12:40:26 PM
People are failing to properly manage their decline, maybe we can export Obama to them, that'd be a nice two-fer!
Title: Re: Is the EU Going to Topple?
Post by: BMG on October 25, 2011, 04:32:01 PM
Losing the Economic Battle: The global debt apocalypse approaches. (http://www.weeklystandard.com/articles/losing-economic-battle_598447.html?nopager=1)

Quote
A year ago, senior European officials never dreamed they’d be in their current mess. Greece represents only 3 percent of the Eurozone economy. Bailout tricks and clever central bank interventions were supposed to calm nervous markets. That happened, but didn’t last. A powerful global financial market brought officials to their knees. Today, many European policymakers can’t believe America is risking a similar outcome. True, as a means of protection the Fed itself will try to manipulate credit markets by keeping long-term interest rates artificially low. But global financial markets will simply penalize bank stocks, a phenomenon that may result in a credit contraction and double dip recession.

This losing battle has already contributed to global public debt-to-GDP ratios that boggle the mind. We may be saving our banks, but we’re losing our economy.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 26, 2011, 07:23:27 AM
Kinda like autoerotic asphyxia, eh?

 ::rimshot::
Title: Re: Is the EU Going to Topple?
Post by: jpatrickham on October 27, 2011, 10:24:45 AM
Dispatch: Divergent Views of the EU and Russia in the Baltic States

Quote
"Analyst Eugene Chausovsky, currently visiting Riga, Latvia, explores the different approaches taken by Estonia, Latvia and Lithuania toward relations with Russia and the European Union."
Watch the Video »

http://www.stratfor.com/analysis/20111026-dispatch-divergent-views-eu-and-russia-baltic-states?utm_source=freelist-f&utm_medium=email&utm_campaign=111027&utm_term=sweekly&utm_content=watchvideo&elq=5515f4d602bb47229ea595f78800f246

Intellectually speaking: ::whatgives::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 27, 2011, 11:19:23 AM
I like the Lithianian approach to Russia.

Too bad we cannot strengthen ties with them, as soon as Europe implodes this will be among the first nations the Russian Bear devours...
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 03, 2011, 06:20:31 PM
http://pjmedia.com/vodkapundit/2011/10/26/euro-disunification/?singlepage=true (http://pjmedia.com/vodkapundit/2011/10/26/euro-disunification/?singlepage=true)

Quote
Dr. Pippa Malmgren, a former economic advisor to George W. Bush and a former advisor to Deutsche Bank (DB). According to Malmgren, Germany has already ordered the printing of Deutsche Marks in anticipation of a possible withdrawal from the EU.

Of course, this could simply be, 'being ready for any eventuality'. But - printing money isn't exactly cheap and I seriously doubt that a government would be doing this unless they had good reason to think that there was a decent chance of having to use it...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 04, 2011, 07:08:54 AM
Sometimes preparing for the worst is justified...but on matters of this scale sometimes it can be a self-fullfilling prophecy too.

We'll find out soon enough...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 04, 2011, 06:25:29 PM
Sometimes preparing for the worst is justified...but on matters of this scale sometimes it can be a self-fullfilling prophecy too.

We'll find out soon enough...

 I don't know if one can even prepare for this much crap.I'm at I hope I have enough stage.
Title: Re: Is the EU Going to Topple?
Post by: jpatrickham on November 05, 2011, 09:07:52 AM
Quote from: Libertas link=topic=3449.msg41120#msg 41120 date=1320408534
Sometimes preparing for the worst is justified...but on matters of this scale sometimes it can be a self-fulfilling prophecy too.

We'll find out soon enough...



I listened to Glenn Beck, started stocking up on food and water. Also last year bought my first gun, never thought I needed one until "RECENTLY" It is a 9 mm Glock. The other day I saw a Ruger online cheap, 380 weighs 9 ounces, bought it. It will be perfect in my pocket. Boy, how times have changed. I am over 60 and have health problems, can't protect like I used to but, still one Hell of a scrapper if need be, for about 3-5 minute give or take.

Didn't do this for me, or my Wife, we have had a good life, exciting at least. It is for my Son, and his Family, still protective and want to see them have a chance to grab the brass ring. Every single American should have that chance. I will fight like the dickens to help insure that, even with a scumbag like Barack Obama trying to take away that brass ring.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 05, 2011, 11:56:09 AM
Quote
Didn't do this for me, or my Wife, we have had a good life, exciting at least. It is for my Son, and his Family, still protective and want to see them have a chance to grab the brass ring. Every single American should have that chance. I will fight like the dickens to help insure that, even with a scumbag like Barack Obama trying to take away that brass ring.

                                                                          ::clapping::

Amen JP!

Title: Re: Is the EU Going to Topple?
Post by: jpatrickham on November 08, 2011, 09:27:19 AM
Europe, the International System and a Generational Shift

By George Friedman

November 8, 2011

Quote

"Change in the international system comes in large and small doses, but fundamental patterns generally stay consistent. From 1500 to 1991, for example, European global hegemony constituted the world’s operating principle. Within this overarching framework, however, the international system regularly reshuffles the deck in demoting and promoting powers, fragmenting some and empowering others, and so on. Sometimes this happens because of war, and sometimes because of economic and political forces. While the basic structure of the world stays intact, the precise way it works changes.

The fundamental patterns of European domination held for 500 years. That epoch of history ended in 1991, when the Soviet Union — the last of the great European empires — collapsed with global consequences. In China, Tiananmen Square defined China for a generation. China would continue its process of economic development, but the Chinese Communist Party would remain the dominant force. Japan experienced an economic crisis that ended its period of rapid growth and made the world’s second-largest economy far less dynamic than before. And in 1993, the Maastricht Treaty came into force, creating the contemporary European Union and holding open the possibility of a so-called United States of Europe that could counterbalance the United States of America."

Read more »http://www.stratfor.com/weekly/20111107-europe-international-system-and-generational-shift?utm_source=freelist-f&utm_medium=email&utm_campaign=20111108&utm_term=gweekly&utm_content=readmore&elq=cf179edde956457ca5697b9ed461b931
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 09, 2011, 09:37:13 PM
http://www.guardian.co.uk/business/2011/nov/09/european-debt-crisis-eurozone-breakup (http://www.guardian.co.uk/business/2011/nov/09/european-debt-crisis-eurozone-breakup)

Quote
European debt crisis spiralling out of control. Reports that Germany and France have begun talks to break up the eurozone amid fears that Italy will be too big to rescue

http://www.cnbc.com/id/45225209 (http://www.cnbc.com/id/45225209)

Quote
Italian 10-year bond yields shot above the 7 percent level that is widely deemed unsustainable, reflecting investors' concerns that they may not get their money back and prompting German Chancellor Angela Merkel to issue a call to arms.

Merkel said Europe's plight was now so "unpleasant'' that deep structural reforms were needed quickly, warning the rest of the world would not wait.

http://www.cnbc.com/id/45224770 (http://www.cnbc.com/id/45224770)

Quote
Italy's debt woes signal "a new, even more dangerous phase in Europe's debt crisis," Mohamed El-Erian, co-chief investment officer at PIMCO, said Wednesday.

http://www.cnbc.com/id/45228690 (http://www.cnbc.com/id/45228690)

Quote
"It's not just Italy. The contagion is spreading. They've got to stop this," said Marc Chandler, Brown Brothers Harriman chief currency strategist. "The French bond spread to the German bund is at a new high. Three month Libor is at its highest level in more than a year... All of this is showing rising tensions."



Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 10, 2011, 07:04:35 AM
Another link -

http://www.guardian.co.uk/business/2011/nov/09/european-debt-crisis-eurozone-breakup (http://www.guardian.co.uk/business/2011/nov/09/european-debt-crisis-eurozone-breakup)

To big to save!

 ::hysterical::

Somebody send that to Obama, quick!

 ::hysterical::

And wtf does this really mean?

"That will mean more Europe, not less Europe,''

Huh?  Is Merkel making a play for Queen of Europe?

Looks like the Old World could descend into anarchy and depostism quicker than we!

They got a track record, ya know?!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 10, 2011, 10:17:45 AM

It's a race to the bottom for sure.

If not queen, she wants Germany to be at the top of the heap.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 10, 2011, 10:39:22 AM
A lot of the text in the stories I've been reading about this topic lately seem to have elements of; 'Germany wanting to rule over all of Europe through the EU'. Maybe that is Germany's end game - but this seems so unstable right now that I have doubts that Germany will ever be able to make that happen before the whole house of cards tumbles.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 10, 2011, 11:01:21 AM

Old genetic fears and the knowledge that Germany
is the most disciplined and stable country on the continent.


and they still know how to make things
Title: Re: Is the EU Going to Topple?
Post by: AlanS on November 10, 2011, 04:59:41 PM

Old genetic fears and the knowledge that Germany
is the most disciplined and stable country on the continent.


and they still know how to make things

And are still quite productive. Odd they don't have the nanny state the rest of Europe has adopted.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 11, 2011, 02:28:17 PM
http://www.telegraph.co.uk/finance/financialcrisis/8882643/France-plots-eurozone-breakaway-group.html (http://www.telegraph.co.uk/finance/financialcrisis/8882643/France-plots-eurozone-breakaway-group.html)

Quote
France is drawing up plans to create a breakaway organisation of eurozone countries with its own treaty, parliament and headquarters – a move that could significantly undermine the existing European Union.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 11, 2011, 02:54:43 PM
http://www.telegraph.co.uk/finance/financialcrisis/8882643/France-plots-eurozone-breakaway-group.html (http://www.telegraph.co.uk/finance/financialcrisis/8882643/France-plots-eurozone-breakaway-group.html)

Quote
France is drawing up plans to create a breakaway organisation of eurozone countries with its own treaty, parliament and headquarters – a move that could significantly undermine the existing European Union.

It is my understanding that the French were the leading advocates for the EU in the first place, thinking their prominence and control would be increased through this avenue.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 11, 2011, 03:02:55 PM
I believe you're correct Pan.

Judging by this most recent story it looks like France is getting nervous that their prominence and control are going to be seriously weakened by this EU mess and are looking to dodge the bullet with this latest move. Don't know whether it will work or not - I suspect not - but one thing seems very clear to me. With this story now and the one last week about Germany starting to print their own money again...the EU is SERIOUSLY close to failing, these two countries are just getting ready for when it happens and the rest of world realizes it.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 15, 2011, 09:01:34 AM
http://www.bloomberg.com/news/2011-11-14/cameron-says-debt-crisis-is-chance-to-ebb-back-ties-in-rebuff-to-merkel.html (http://www.bloomberg.com/news/2011-11-14/cameron-says-debt-crisis-is-chance-to-ebb-back-ties-in-rebuff-to-merkel.html)

Quote
U.K. Prime Minister David Cameron rebuffed a call by German Chancellor Angela Merkel for political union in Europe, underlining Britain’s growing distance from the 17-nation euro area as it seeks to resolve its debt crisis.

The crisis offers an opportunity for powers to “ebb back” from Europe to nation states, Cameron said in a speech in London last night. Hours earlier, Merkel told her Christian Democratic Union party in the eastern German city of Leipzig that it’s time to push for closer political ties and tighter budget rules. Dutch Prime Minister Mark Rutte said today that the debate was deflecting attention from the fiscal crisis.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 15, 2011, 09:19:09 AM
A hodgepodge of conglomeration, going it alone and being cast aside seems inevitable...
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 16, 2011, 07:56:46 AM
http://www.reuters.com/article/2011/11/15/us-eurozone-idUSTRE7AC15K20111115 (http://www.reuters.com/article/2011/11/15/us-eurozone-idUSTRE7AC15K20111115)

Quote
France came under heavy fire on global markets Tuesday, reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 16, 2011, 08:24:03 AM
So that's what I heard?!   ::hysterical::

Yeah, big holder of Italian debt, that's gotta feel good, eh?

 ::exitstageleft::
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on November 16, 2011, 10:37:47 AM
And one of the unmentioned points in all this, which I think is just as significant as any of the economic implications, is that here we have seen an experiment to force political/economic/cultural union onto a group of nations who are similar to each other in terms of their history, civic institutions, ethnicity, etc, and it's still a disaster. Yet we are told, breathlessly, that some sort of pie-in-the-sky global governance is an inevitability?  They can't even make it work on one continent, how could it ever work on an even larger scale?  Any political class that cedes sovereignty to some nebulous international "idea" is, quite simply, being traitorous to its own nation and should be dealt with appropriately when their machinations inevitably go bust.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 16, 2011, 11:30:19 AM
It is something we all know G, but it goes unmentioned because the MFM and the leftists pols have to have the pie-in-the-sky global governance goal as an ideal to strive for, everything they look to impose on people stems from that insane desire!  Plus, if we ever let 'em get it, well, it would make the holocaust look like a picnic in comparison...
Title: Re: Is the EU Going to Topple?
Post by: AlanS on November 16, 2011, 11:50:18 AM
And one of the unmentioned points in all this, which I think is just as significant as any of the economic implications, is that here we have seen an experiment to force political/economic/cultural union onto a group of nations who are similar to each other in terms of their history, civic institutions, ethnicity, etc, and it's still a disaster.......

That's because Pelosi/Reid/Odrama weren't in charge...........
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 16, 2011, 12:44:45 PM
It is something we all know G, but it goes unmentioned because the MFM and the leftists pols have to have the pie-in-the-sky global governance goal as an ideal to strive for, everything they look to impose on people stems from that insane desire!  Plus, if we ever let 'em get it, well, it would make the holocaust look like a picnic in comparison...

Yes, and I suspect those who want it know that and have no problem with it as long as they are the whip-hand.  It would require a vast and harshly dictatorial regime, that would make Mao look like a piker, to impose a global government.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 16, 2011, 01:03:18 PM
  I hope the poor bastard that took Italy over isn't unpacking a lot of stuff cause he's not making it through the next year. Greece is nothing compared to what's going to happen in Italy.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 16, 2011, 02:04:15 PM
Quote
I hope the poor bastard that took Italy over isn't unpacking a lot of stuff cause he's not making it through the next year. Greece is nothing compared to what's going to happen in Italy.

...and France, and Ireland, and Portugal, and Spain...they're all on the cusp of a Greece-like failure right now.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 17, 2011, 08:34:45 AM
http://www.forbes.com/sites/jerrybowyer/2011/11/16/eu-topia-part-ii-how-europe-was-betrayed/ (http://www.forbes.com/sites/jerrybowyer/2011/11/16/eu-topia-part-ii-how-europe-was-betrayed/)

Quote
The post-WWII vision of a free Europe was hijacked by the ruling classes and gradually became the inversion of what was originally promised. Konrad Adenauer, Jacques Rueff and others who had resisted fascism attempted to recreate what fascism had sought to destroy: the Christian free-market order of the late 19th Century.

They believed that humans, made in the image of God, were entitled to dignity as individuals and did not derive their value from their role in the collective. They advocated sound money, limited government, free trade in economics and national sovereignty in international relations. Their brainchild, the Treaty of Rome, ascribed rights to individuals and removed the powers of nation-states to impede foreign trade and migration.

Since the end of World War II, two vastly different visions of a new European order have been wrestling in the womb. The classical liberal goal for Europe was one free market, many nations. The other vision for Europe, the elite one, is one nation with no genuinely free markets.

The same kind of thing and tactics that they're trying right here...
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 17, 2011, 09:12:07 AM
http://www.ft.com/cms/s/0/27de9d54-1074-11e1-8010-00144feabdc0.html (http://www.ft.com/cms/s/0/27de9d54-1074-11e1-8010-00144feabdc0.html)

Quote
As shockwaves from the eurozone crisis radiate outwards, Hungary has felt the full force of their impact.

Budapest has endured three difficult bond auctions in a week, yields have shot up, and the forint has tumbled to record lows. That, in turn, is fuelling inflation and increasing the pain for hundreds of thousands of Hungarians who took out mortgages in foreign currencies when the forint was much stronger.

Looks like Hungary is next in line...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 17, 2011, 10:45:27 AM
Has the Great Meltdown begun?
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 17, 2011, 09:33:28 PM
Quote
Has the Great Meltdown begun?

I think it's been underway for a while now actually.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 17, 2011, 10:00:59 PM
http://dealbook.nytimes.com/2011/11/17/banks-in-italy-find-an-unusual-liquidity-lifeline/?smid=tw-nytimesdealbook&seid=auto (http://dealbook.nytimes.com/2011/11/17/banks-in-italy-find-an-unusual-liquidity-lifeline/?smid=tw-nytimesdealbook&seid=auto)

Quote
LONDON — The London Stock Exchange is becoming the lender of last resort for many banks in Italy as concerns over the country’s debt levels squeeze liquidity out of the Italian financial market.

Quote
Under terms of the deals, the clearinghouse, which acts as a middleman to guarantee trades between financial parties, is offering money to both Italian and European banks with a presence in Italy for up to three days.

The money, which comes from collateral that traders must put up to complete financial transactions, is deposited with the banks to cover shortfalls in liquidity. CC&G earns a profit by charging banks interest on the money that they borrow.

That sounds a bit dicey to me...taking payments from one group in order to pay another group...so if something happens to interrupt the cash at the front end, it completely affects the people along the entire chain. The chain is therefore, only as strong as the weakest link...and they see no inherent danger in this? It sounds suspiciously like a Ponzi scheme to me and we all know that those ALWAYS EVENTUALLY FAIL. In this case the weakest link would be the banks which are not at all healthy in the EU or here...so what happens when the banks are no longer able to pay these shortfalls back? We get bailouts...what happens when the bailouts cost too much and there isn't enough money to bail out anymore? Systemic failure is what happens. We already know that the EU is barely capable of bailing out Greece...and it looks like Italy is fast approaching the 'need' for a bailout. That promises to be the final straw that broke the camel's back. Here's the really bad part...

As detailed in Ann Barnhardt's letter from a separate thread ( http://itsaboutliberty.com/index.php/topic,3926.0.html (http://itsaboutliberty.com/index.php/topic,3926.0.html) ), US brokerage firms are heavily invested in European sovereign junk debt. If the EU goes down, then the US is going with it. It looks like it would happen pretty much overnight. This would NOT simply affect big banks and/or brokerage firms. As Ann Barnhardt's letter notes, individual's are exposed to this.  Yeah, that means that everyone's 401ks, IRAs, etc could disappear overnight. But worse even is that if that happens the FDIC would crash as well meaning that your checking and savings accounts would also be wiped clean.

Now I'm not saying this is going to happen. But it sure looks like there's a pretty good chance that it can happen.

As an aside; I wonder when/if Obama/Reid will get around to offering to buy out 401k and IRA accounts in exchange for a government guaranteed 'retirement' account that will net you a guaranteed 2% or 3% growth (like social security). I have to wonder if that isn't part of the end game here in the first place...crash the economy intentionally and get their hands on all those trillions locked away in personnel retirement accounts.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 17, 2011, 11:05:27 PM

Collateral curiosity, Germany a while back suggested Greece sell
some of its islands to pay off their debt and ever since the Greeks
have been screaming the Germans want their islands.  Called
them the N word too.

Wonder what CC&G wants for collateral?
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 18, 2011, 12:05:57 AM

Collateral curiosity, Germany a while back suggested Greece sell
some of its islands to pay off their debt and ever since the Greeks
have been screaming the Germans want their islands.  Called
them the N word too.

Wonder what CC&G wants for collateral?


ETA: For a refreshing recapitulation

Farage: What gives you the right to dictate to the Italian people? (http://www.youtube.com/watch?v=bdob6QRLRJU#ws)
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 18, 2011, 06:15:56 PM
  This is getting even more interesting by the day. I sent this to my cousin in Italy asking what they though in Italy about the changes. When he answeres me.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 23, 2011, 03:31:03 PM
http://www.cnbc.com/id/45418399 (http://www.cnbc.com/id/45418399)

http://www.ft.com/intl/cms/s/0/78994200-15c2-11e1-8db8-00144feabdc0.html#axzz1eZAsebsI (http://www.ft.com/intl/cms/s/0/78994200-15c2-11e1-8db8-00144feabdc0.html#axzz1eZAsebsI)

Quote
The worst-received bond sale by Germany since the launch of the euro fuelled market fears that the continent’s debt crisis was now affecting Berlin, the region’s biggest economy and key to the survival of the single currency.

The bond auction only managed to raise two-thirds of the amount targeted. Investors and banks shunned the offering due to worries that Europe’s monetary union project could collapse because of deteriorating market sentiment and the vast size of the region’s public debt.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 23, 2011, 03:41:16 PM
Truly amazing.  I am sitting here watching the world crash and burn because of these incumbent-minded, "I need to protect my job and bennies by any means", both in Europe and HERE.

And there's not a damn thing I can do about it.  It's .... infuriating.
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on November 23, 2011, 03:54:03 PM
Truly amazing.  I am sitting here watching the world crash and burn because of these incumbent-minded, "I need to protect my job and bennies by any means", both in Europe and HERE.

And there's not a damn thing I can do about it.  It's .... infuriating.

Redirect your frustration into something productive, such as target practice. In fact, I propose a friendly forum competition. Given the long holiday weekend, we should see who can expend the most ammo in target practice / plinking. Honor system. Winner gets an official Participant trophy! /snerk
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 23, 2011, 04:27:24 PM
Not a bad idea, Glock.  I'll run it by Gunsmith and see what he thinks.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 23, 2011, 04:48:48 PM
My range is closed for turkey day. ::rockets::
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 23, 2011, 04:52:10 PM
My range is closed for turkey day. ::rockets::

There's always Friday, Saturday and Sunday, no?
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 23, 2011, 05:53:30 PM


At my house there is a line of sight from the LR to the kitchen.
Set a trap in the kitchen and ...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 23, 2011, 05:57:28 PM
My range is closed for turkey day. ::rockets::

There's always Friday, Saturday and Sunday, no?

 I'm working fri. and sat.Sunday is catch up day around the house.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 23, 2011, 06:06:12 PM

Be good when get that personal laptop at work.

Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 23, 2011, 07:04:30 PM

Be good when get that personal laptop at work.



 I have one thanks to Soup. It's just that people in this joint share offices and it's kind of tricky in an open showroom. But to be honest I'm not even sure I'm staying there and am looking around for something I would like better.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 24, 2011, 10:48:45 AM
I'll have to see about that challenge, I got a hankering to perforate a target!   ::thumbsup::
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 24, 2011, 11:06:33 AM
http://uk.news.yahoo.com/eu-launches-bid-rewrite-eurozone-budgets-032511566.html (http://uk.news.yahoo.com/eu-launches-bid-rewrite-eurozone-budgets-032511566.html)

Quote
The European Union demanded Wednesday sweeping powers to override national budgets and proposed issuing joint eurozone bonds to help resolve and prevent a repeat of the debt crisis.

"Without stronger governance, it will be difficult if not impossible to sustain the common currency," EU Commission chief Jose Manuel Barroso said of his latest legislative proposals.

The head of the executive EU arm, Barroso presented radical plans that would allow him and Economy Commissioner Olli Rehn to decide to intervene in national policymaking.

Each said such new powers were a pre-condition for pooling eurozone government bonds, presented as a future safeguard.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 24, 2011, 11:08:46 AM
Yup, more power, what could go wrong?

/sarc
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 24, 2011, 08:52:42 PM
A Spaniard, an Italian and a Greek go into a bar.

They drink until dawn.

Who pays the tab?

A German.
Title: Re: Is the EU Going to Topple?
Post by: AlanS on November 25, 2011, 07:37:31 AM
My range is closed for turkey day. ::rockets::

A friend of mine has a cardboard box about 18-24" square that he sets up in his house for BB gun target practice. It's easily stored and can be used at any time in any weather. It doesn't take the place of live ammo, but it does help with the "sight alignment/ trigger control" practice.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 25, 2011, 09:22:25 AM
Yahoo Link is just to darned long to cut & paste! (http://news.yahoo.com/moodys-cuts-hungary-junk-071158191.html;_ylt=ArAluCWWGoL4CYdpLaYx9Y3yWed_;_ylu=X3oDMTRvNjN1cTE1BGNjb2RlA2dtcHRvcDEwMDBwb29sd2lraXVwcmVzdARtaXQDTmV3cyBmb3IgeW91BHBrZwNiYWU3MDZjMS05MjkwLTNkZTYtODBmMC0xYWVhMjI0MDFiZjAEcG9zAzUEc2VjA25ld3NfZm9yX3lvdQR2ZXIDNThlODE1ZDAtMTc2Yi0xMWUxLWJhM2QtMGU4OTc5OTA0NDk1;_ylg=X3oDMTNjdWJwM2s2BGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDNzNiODhiNTAtMDk0YS0zOGE2LWFhZTMtOGQ2NjA0Y2E1NGNkBHBzdGNhdAN3b3JsZHxsYXRpbiBhbWVyaWNhBHB0A3N0b3J5cGFnZQR0ZXN0Aw--;_ylv=3)

Quote
BUDAPEST (Reuters) - Credit rating agency Moody's cut Hungary's debt to "junk" grade late on Thursday, dealing a blow to Prime Minister Viktor Orban's unorthodox economic policies and prompting his government to denounce the move as a "financial attack."

Moody's lowered Hungary's sovereign rating by one notch to Ba1, just below investment grade, with a negative outlook, hours after rival Standard & Poor's held fire on a flagged downgrade after Budapest said it would seek international aid.

Quote
Economists said the gloomy economic outlook could combine with the downgrade and increase pressure on Budapest to accept an IMF deal with the monitoring and policy recommendations Orban has spurned.

Quote
"As the economy will tumble into recession by around the turn of the year, we expect that it will have no other choice than to accept any IMF proposal, even if this would include conditionalities," said Michal Dybula at BNP Paribas.

So in short what the IMF is saying here is essentially this: "Hey Hungary, that's a mighty fine economy you have there. Sure would be a shame if anything happened to it."
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 25, 2011, 09:52:59 AM
IMF must be run by former Soviets eh?!
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 26, 2011, 11:01:32 AM
http://www.telegraph.co.uk/news/politics/8917161/OECD-figures-suggest-Britains-economy-will-slip-back-into-recession-at-the-start-of-next-year.html (http://www.telegraph.co.uk/news/politics/8917161/OECD-figures-suggest-Britains-economy-will-slip-back-into-recession-at-the-start-of-next-year.html)

Quote
The Organisation for Economic Development and Cooperation (OECD) is predicting that the economy will shrink, the Government was warned on Thursday.

Whitehall sources said the forecasts suggest that growth would be negative during the first six months of next year due to the euro crisis.

The prediction, to be published on Monday, is the first from a respected forecaster to indicate that Britain faces a double-dip recession.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 26, 2011, 12:00:52 PM
http://www.telegraph.co.uk/news/politics/8917161/OECD-figures-suggest-Britains-economy-will-slip-back-into-recession-at-the-start-of-next-year.html (http://www.telegraph.co.uk/news/politics/8917161/OECD-figures-suggest-Britains-economy-will-slip-back-into-recession-at-the-start-of-next-year.html)

Quote
The Organisation for Economic Development and Cooperation (OECD) is predicting that the economy will shrink, the Government was warned on Thursday.

Whitehall sources said the forecasts suggest that growth would be negative during the first six months of next year due to the euro crisis.

The prediction, to be published on Monday, is the first from a respected forecaster to indicate that Britain faces a double-dip recession.

War - Slippin' Into Darkness (http://www.youtube.com/watch?v=-6te_t4n5NU#)

Title: Re: Is the EU Going to Topple?
Post by: BMG on November 26, 2011, 07:04:02 PM
http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html (http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html)

Quote
As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.

Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.

The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 26, 2011, 07:05:18 PM
More time to prepare?  For riots?  Food shortages?  What?

With Britain one of the foremost Nanny-stater, criminal-coddling countries, I'm quite sure their idea of "preparation" differs greatly from mine.

Title: Re: Is the EU Going to Topple?
Post by: BMG on November 26, 2011, 07:31:47 PM
I believe that in this context, the British government is thinking that these delays to the inevitable (I believe it's inevitable, but that is just my opinion and I am no expert so take my opinion with a grain of salt) are giving them more time to blunt the financial impact - though I doubt they can prepare enough to have any meaningful impact on the coming storm. I also believe that it gives them more time to train the troops in order to put down the inevitable social unrest.

Shades of what is coming our way if all of this comes to pass because, as I mentioned in an earlier post, if the EU collapses we will also and it will happen virtually overnight, if not immediately. Any government will ALWAYS seek to protect itself; it is the nature of government. Therefore, I have no doubt whatsoever that if social unrest is what all of this turmoil eventually leads to in Europe, then the state will do whatever it needs to do in order to survive...

...and I have no illusions that our own government will not do the same. Because no matter how benevolent a government is, it has one purpose and that is to exist by any means available to it. It will do whatever it takes to meet that end...whether by hook, by crook or at the end of a gun.
Title: Re: Is the EU Going to Topple?
Post by: trapeze on November 26, 2011, 08:17:02 PM
I believe that the failure of the Euro is inevitable.

What I don't know (and I don't think anyone else knows) is what the consequences of that will be for us.

Sure am glad I live where I do, though. I wouldn't want to be in a major metropolitan area if things get ugly.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 26, 2011, 08:20:45 PM

Being a completely independent and sovereign nation will be
a traumatic reality for the nanny pols, they are more dependent
upon the illusion of inclusion than the hoi polloi, they need time
to prepare their psyche.

Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 26, 2011, 11:52:57 PM
Shades of what is coming our way if all of this comes to pass because, as I mentioned in an earlier post, if the EU collapses we will also and it will happen virtually overnight, if not immediately. Any government will ALWAYS seek to protect itself; it is the nature of government. Therefore, I have no doubt whatsoever that if social unrest is what all of this turmoil eventually leads to in Europe, then the state will do whatever it needs to do in order to survive...

...and I have no illusions that our own government will not do the same. Because no matter how benevolent a government is, it has one purpose and that is to exist by any means available to it. It will do whatever it takes to meet that end...whether by hook, by crook or at the end of a gun.

Our banks have huge exposure to European debt.  A collapse there will result in another "crisis" --  but keep it straight--- Our banksheets are worse than that of any country in Europe. With 50-80 Trillion in liabilities, just at the federal level, another couple trillion in Mortgages, another trillion in student loans and 5-10 Trillion in individual state and loacl government liabilities,  we are in much worse shape than even Greece.  But we have thw worlds reserve currency and a printing press, and they will use it to drag this out for as long as possible - including printing and loaning money to Europe.  Then if that fails there are always SDRs.  Bottom line, I think the governments of the world are committed to the slow bleed. That means time for the ordinary nobodys like us to prepare.  Use the time wisely.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 27, 2011, 09:52:05 AM
 Here  (http://www.ocregister.com/opinion/debt-328730-government-spending.html) is another opinon by Mark Steyn.

Quote
When it comes to spending and the size of government, only the Democrats are officially panting orgasmically, "More, More, More; How do you like it?" while the Republicans are formally committed to "Less less less." This makes for many dramatic showdowns on the evening news. In the summer, it was the "looming" "deadline" to raise the debt ceiling. In the fall, it was the "looming" "deadline" for the alleged supercommittee to agree $1.2 trillion of cuts. The supercommittee was set up as a last-minute deal for raising the debt ceiling. Now that the supercommittee's flopped out, "automatic" mandatory cuts to defense and discretionary spending are supposed to kick in – by 2013. But no doubt as that looming deadline looms the can of worms will be effortlessly kicked down the room another looming deadline or two.
.......In the course of a typical day I usually receive at least a couple of emails from readers lamenting that America is now the Titanic. This is grossly unfair to the Titanic, a state-of-the-art ship whose problem was that it only had lifeboat space for about half its passengers. By contrast, the SS Spendaholic is a rusting hulk encrusted with barnacles, there are no lifeboats, and the ship's officers are locked in a debate about whether to use a thimble or an eggcup.
A second downgrade is now inevitable. Aw, so what? We had the first back in the summer, and the ceiling didn't fall in, did it? And everyone knows those ratings agencies are a racket, right? And say what you like about our rotten finances, but Greece's are worse. And Italy's. And, er, Zimbabwe's. Probably.
The advantage the United States enjoys is that, unlike Greece, it can print the currency in which its debt is denominated. But, even so, it still needs someone to buy it. The failure of Germany's bond auction on Wednesday suggests that the world is running out of buyers for western sovereign debt at historically low interest rates. And, were interest rates to return to their 1990-2010 average (5.7 percent), debt service alone would consume about 40 percent of federal revenues by mid-decade. That's not paying down the debt, but just staying current on the interest payments.
And yet, when it comes to spending and stimulus and entitlements and agencies and regulations and bureaucrats, "more, more, more/how do you like it?" remains the way to bet. Will a Republican president make a difference to this grim trajectory? I would doubt it. Unless the public conversation shifts significantly, neither President Romney nor President Insert-Name-Of-This-Week's-UnRomney-Here will have a mandate for the measures necessary to save the republic.
As for Andrea True, back in 1976 she made a commercial in Jamaica. To protest the then Prime Minister's flirtation with Castro, Uncle Sam had imposed economic sanctions against Her Majesty's government in Kingston. Miss True was unable to bring her earnings home. So, for want of anything better to do with them, she went into a Jamaican recording studio and made a demo of a song: "More, More, More." Sure, 35 years later Fidel's still around, but at least the world got a disco hit out of it, which is more than you can say for the Iranian sanctions.
We're approaching a state in which the government spends $4 trillion but only raises $2 trillion. Which is an existential threat to the nation, but at least has the advantage of being one whose arithmetic is simple enough even for politicians: Try to imagine every aspect of government having to make do with half of what it currently has.
That's the scale of reform necessary to save America from a future as a bankrupt, violent, Third World ruin. More, more, more, how do you like it? More poverty, more crime, more corruption, more decay: how do you like that?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 27, 2011, 03:51:51 PM
Good postings Weisshaupt, pretty much sums up my opinion that without bold leadership we are hosed.  Thus my desire to purge the ranks of the Ruling Class idiots that help advance the Left's agenda, while it must be done, may be too little too late, it should have begun a decade ago.  Hell, I thought Reagan changed the paradim, but G H W Bush compassion began eroding Reagan gains and it's been mostly downhill ever since.  It also highlights my frustration that Palin decided not to run, a national office standard bearer that could have big Tea Party coattails could have given us the chance we need.  We are likely doomed, the trend lines (politically, economically, fiscally & socially) all look negative to me.  Looking to ourselves and our families first must be priority #1.
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 27, 2011, 09:59:31 PM
http://www.telegraph.co.uk/finance/financialcrisis/8919470/IMF-drawing-up-517bn-package-to-save-Italy-Spain-and-the-euro.html (http://www.telegraph.co.uk/finance/financialcrisis/8919470/IMF-drawing-up-517bn-package-to-save-Italy-Spain-and-the-euro.html)

Quote
The International Monetary Fund is being lined up potentially to help Italy and Spain amid growing fears that a European rescue scheme will not be able to prop up the countries, it emerged last night.

Reports in Italy suggested that the IMF is drawing up plans for a €600 billion (£517 billion) assistance package for the country. Spain may be offered access to IMF credit, rather than a rescue package, to avoid it being “picked off” by the markets in the coming weeks.

And this from the comments section (don't know how correct this is so take it with a grain of salt):

Quote
And the 'EUSSR' funds 32% of the IMF(17% for the US)


So if that commenter is right, the US is on the hook for 17% of that $800 billion (after converting to US dollars) bailout for Europe.

So I went to the US Debt Clock web site (http://www.usdebtclock.org/) and plugged in all the information and assuming my math is correct came up with the following:

That's about $136 billion from US taxpayers...
...or about $435.00 per citizen in the US (all 312,685,128 of us)...
...or about $1,208.00 per actual taxpayer...
...to bailout EUROPE!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 27, 2011, 10:36:23 PM

Whatshisname is like a wino who's won the lottery. 
He didn't work for the money, he doesn't understand
money, he is so drunk with his new power he is blind.
He is personally, morally and materially irresponsible.
He is personally, morally and materially reprehensible.
The trials will make good TV.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 28, 2011, 12:15:24 AM
http://www.telegraph.co.uk/finance/financialcrisis/8919470/IMF-drawing-up-517bn-package-to-save-Italy-Spain-and-the-euro.html (http://www.telegraph.co.uk/finance/financialcrisis/8919470/IMF-drawing-up-517bn-package-to-save-Italy-Spain-and-the-euro.html)

Quote
The International Monetary Fund is being lined up potentially to help Italy and Spain amid growing fears that a European rescue scheme will not be able to prop up the countries, it emerged last night.

Reports in Italy suggested that the IMF is drawing up plans for a €600 billion (£517 billion) assistance package for the country. Spain may be offered access to IMF credit, rather than a rescue package, to avoid it being “picked off” by the markets in the coming weeks.

And this from the comments section (don't know how correct this is so take it with a grain of salt):

Quote
And the 'EUSSR' funds 32% of the IMF(17% for the US)


So if that commenter is right, the US is on the hook for 17% of that $800 billion (after converting to US dollars) bailout for Europe.

So I went to the US Debt Clock web site (http://www.usdebtclock.org/) and plugged in all the information and assuming my math is correct came up with the following:

That's about $136 billion from US taxpayers...
...or about $435.00 per citizen in the US (all 312,685,128 of us)...
...or about $1,208.00 per actual taxpayer...
...to bailout EUROPE!


Well, Great Balls O' Fire!  Who do you think bailed out European banks with the majority of the TARP money?  You did, hawneh, and you and you and me and him and her and them and .........
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 28, 2011, 06:54:20 AM
What are the odds for a trial by jury vs a trial by lead?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 28, 2011, 08:08:43 AM
I think that's a steep price for 12-18 months breathing room, God forbid the nations in peril CUT SPENDING!

http://www.dailymail.co.uk/news/article-2066862/Britain-draws-emergency-plans-collapse-Euro-warnings-Italy-needs-500bn-bailout.html (http://www.dailymail.co.uk/news/article-2066862/Britain-draws-emergency-plans-collapse-Euro-warnings-Italy-needs-500bn-bailout.html)

 ::facepalm::
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 28, 2011, 09:50:49 AM
I think that's a steep price for 12-18 months breathing room, God forbid the nations in peril CUT SPENDING!

http://www.dailymail.co.uk/news/article-2066862/Britain-draws-emergency-plans-collapse-Euro-warnings-Italy-needs-500bn-bailout.html (http://www.dailymail.co.uk/news/article-2066862/Britain-draws-emergency-plans-collapse-Euro-warnings-Italy-needs-500bn-bailout.html)

 ::facepalm::

Via instapundit: European Rich getting eady to run:

Quote
DAN MITCHELL: European Economic Crisis Highlights an Increasingly Important Reason to Oppose Gun Control.


About a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals.

What made this conference remarkable was not the presentations, though they were generally quite interesting. The stunning part of the conference was learning – as part of casual conversation during breaks, meals, and other socializing time – how many rich people are planning for the eventual collapse of European society.

Not stagnation. Not gradual decline. Collapse.

As in riots, social disarray, plundering, and chaos. A non-trivial number of these people think the rioting in places such as Greece and England is just the tip of the iceberg, and they have plans – if bad things begin to happen – to escape to jurisdictions ranging from Australia to Costa Rica (several of them remarked that they no longer see the U.S. as a good long-run refuge).


Don’t kid yourself. If the U.S. is bad, Costa Rica won’t be good. Plus, this question: “Here’s a thought experiment to drive the point home. If Europe does collapse, which people do you think will be in better shape to preserve civilization, the well-armed Swiss or the disarmed Brits?”

Posted at 11:45 pm by Glenn Reynolds   


Title: Re: Is the EU Going to Topple?
Post by: Pandora on November 28, 2011, 10:39:50 AM
Oh.  Gee.  The US, the last, best place on earth is no refuge now either, thanks to the same cadre of "elites" that are bankrupting and ruining us as well.  Too bad none of the European "rich" will put those two facts together in their heads.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on November 28, 2011, 11:15:16 AM

 ::facepalm::

Via instapundit: European Rich getting eady to run:
 



[/quote]

Heard a month ago, IIRC on Kudlow, US banks are filling up with rich European's money.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 28, 2011, 11:30:46 AM
Found the link for that -

http://danieljmitchell.wordpress.com/2011/11/27/european-economic-crisis-highlights-an-increasingly-important-reason-to-oppose-gun-control/ (http://danieljmitchell.wordpress.com/2011/11/27/european-economic-crisis-highlights-an-increasingly-important-reason-to-oppose-gun-control/)
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 28, 2011, 11:32:23 AM


Heard a month ago, IIRC on Kudlow, US banks are filling up with rich European's money.



Yeah. Good luck.  Much of that 7 Trillion the Fed loaned out went to overseas banks (exported inflation) , and more of the same is going to happen as the US tries to prop up the Euro. Everything is interconnected. Most countires keep dollars as reserve funds, and th US banks are highly leveraged with European assests, as are the chinese. Its a house of cards, and its finally starting to topple.  The dollar is enjoying a little rally now as people seek safe haven, but that doesn't change the fact that the dollar is in worse shape than the Euro-- its just protected by reserve status and a printing press.

Yes, the velocity of the money is low, so the extra printing isn't being felt to its full extant as of yet.  Any glimer of a recovery and that money comes out of hiding, yielding huge inflation. With no rcovery we stay deflationary. Damned if you do, damned if you don't.  This doesn't end well, for anyone. There is no safe haven.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 28, 2011, 11:41:13 AM
It'll be like a fat mans pants...he's been stuffing himself for decades and there are no more pants that fit...when the first button pops there will be nothing to stop all of them from popping...

It's gonna be fugly!
Title: Re: Is the EU Going to Topple?
Post by: BMG on November 28, 2011, 12:32:10 PM
http://www.ft.com/cms/s/0/d9a299a8-1760-11e1-b00e-00144feabdc0.html (http://www.ft.com/cms/s/0/d9a299a8-1760-11e1-b00e-00144feabdc0.html)

Quote
In virtually all the debates about the eurozone I have been engaged in, someone usually makes the point that it is only when things get bad enough, the politicians finally act – eurobond, debt monetisation, quantitative easing, whatever. I am not so sure. The argument ignores the problem of acute collective action.

Last week, the crisis reached a new qualitative stage. With the spectacular flop of the German bond auction and the alarming rise in short-term rates in Spain and Italy, the government bond market across the eurozone has ceased to function.

The banking sector, too, is broken. Important parts of the eurozone economy are cut off from credit. The eurozone is now subject to a run by global investors, and a quiet bank run among its citizens.

This massive erosion of trust has also destroyed the main plank of the rescue strategy. The European Financial Stability Facility derives its firepower from the guarantees of its shareholders. As the crisis has spread to France, Belgium, the Netherlands and Austria, the EFSF itself is affected by the contagious spread of the disease. Unless something very drastic happens, the eurozone could break up very soon.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 28, 2011, 01:36:47 PM
http://www.ft.com/cms/s/0/d9a299a8-1760-11e1-b00e-00144feabdc0.html (http://www.ft.com/cms/s/0/d9a299a8-1760-11e1-b00e-00144feabdc0.html)

Quote
In virtually all the debates about the eurozone I have been engaged in, someone usually makes the point that it is only when things get bad enough, the politicians finally act – eurobond, debt monetisation, quantitative easing, whatever. I am not so sure. The argument ignores the problem of acute collective action.

Last week, the crisis reached a new qualitative stage. With the spectacular flop of the German bond auction and the alarming rise in short-term rates in Spain and Italy, the government bond market across the eurozone has ceased to function.

The banking sector, too, is broken. Important parts of the eurozone economy are cut off from credit. The eurozone is now subject to a run by global investors, and a quiet bank run among its citizens.

This massive erosion of trust has also destroyed the main plank of the rescue strategy. The European Financial Stability Facility derives its firepower from the guarantees of its shareholders. As the crisis has spread to France, Belgium, the Netherlands and Austria, the EFSF itself is affected by the contagious spread of the disease. Unless something very drastic happens, the eurozone could break up very soon.

It's easy to predict that failures will fail some more, so...I expect a break up.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 29, 2011, 11:26:12 AM
Hey, lookie here!

InTrade Odds On Euro Collapse By End Of 2012 Now At 50%
http://www.zerohedge.com/news/intrade-odds-euro-collapse-end-2012-now-50 (http://www.zerohedge.com/news/intrade-odds-euro-collapse-end-2012-now-50)

Gosh, why wouldn't the Euro-bailout work, it looks perfectly designed by all the pointy-little heads!

(http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2011/10/20111129_EFSF_0.png)

H/T - ZeroHedge
http://www.zerohedge.com/news/efsf-flowchart (http://www.zerohedge.com/news/efsf-flowchart)

The comments (as always) are priceless!

(I have to activate my membership so I can start joining in the fun!)
Title: Re: Is the EU Going to Topple?
Post by: Damn_Lucky on November 29, 2011, 06:04:35 PM
Everybody but us peons will get a bailout.........@#%^%$@^%&^$%#$&$@&^(:>(                 ::bashing:: ::cussing::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 30, 2011, 07:26:31 AM
Yes, you won't get a bailout, you'll get an invoice, an invoice you cannot refuse to pay under penalty of forfeiture of property.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 30, 2011, 09:01:28 AM
Kick the Can! (http://www.bloomberg.com/news/2011-11-30/fed-five-central-banks-lower-interest-rate-on-dollar-swaps.html) - The US helps  Bail out Europe


Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 30, 2011, 09:03:22 AM
Neo-Keynesian jackasses!
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 30, 2011, 09:50:56 AM
And don't forget that China has its own looming credit crisis (http://www.bloomberg.com/news/2011-11-30/china-cuts-reserve-requirement-for-banks-as-europe-crisis-threatens-growth.html)

Lowering the reserve rates banks need to keep so they can stay solvent and still provide credit.   Yeah, that will end well.

Point is, the Euro, the Dollar and the Yuan are all in trouble. The contagion has spread, and there isn't a fix.  It collapses. Now or Later. Politicians always choose later, and when they can no longer choose that, they will choose war (after all, what is there to loose? Just the lives of peasants. What do they gain? A more command and control economy, and an external enemy to blame hardships on.)  There are times when I wish I had not read so much history.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 30, 2011, 11:29:10 AM
The ChiCom red rooster is coming home and he's gonna trash the hen house, that's for sure.

And, it appears the EU bailout was leaked   ::speechless::  by the Ben Bernanke & the proglodytes made out like bandits, somebody check Buffett's & Soros's activity, I bet they made out like demons!

http://www.zerohedge.com/news/did-fed-leak-european-bailout-decision-monday-morning-visual-exhibit#comment-1930957 (http://www.zerohedge.com/news/did-fed-leak-european-bailout-decision-monday-morning-visual-exhibit#comment-1930957)

Sometimes these   ::foilhathelicopter::   ::foilhathelicopter::   ::foilhathelicopter::  are fricken real!

Oh, and this is a hoot!

http://www.zerohedge.com/news/fed-cancels-pomo-due-system-difficulties?page=1 (http://www.zerohedge.com/news/fed-cancels-pomo-due-system-difficulties?page=1)

System difficulties! 

Comment by Quacker almost had me spray my screen!

"They're frantically calling tech support in India as we speak ..

Fed: Our system is broken! ..

Mehendra: Oh I am so sorry to hear that .. did you try unplugging it and plugging it back in?"

 ::hysterical::

Seriously though, how vulnerable are systems?  We know the people running things suck, but the hardware and software appears sub-standard too!

http://www.marketwatch.com/story/nyse-reports-trading-glitch-2011-11-30 (http://www.marketwatch.com/story/nyse-reports-trading-glitch-2011-11-30)

Want more mystery?  Sure, no problem.  Remember the robo-signing affair?

http://www.mynews3.com/content/news/story/Notary-who-blew-whistle-on-foreclosure-fraud/gdZL4mIJ50CzCFK8GI33_A.cspx (http://www.mynews3.com/content/news/story/Notary-who-blew-whistle-on-foreclosure-fraud/gdZL4mIJ50CzCFK8GI33_A.cspx)

A note on personal liquidity, if you need it, might not be a bad time to sell PM's, I got a feeling they'll drop as more margin calls come in soon and as panic spreads once todays happy-happy unicorn hunt turns to sh*t!

Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on November 30, 2011, 02:24:40 PM
This bailout looks like nothing more than a 10 day reprieve before the Stymie hits the fan .
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on November 30, 2011, 05:06:12 PM
Will the Eurozone Last the Year? (http://www.theatlantic.com/business/archive/2011/11/will-the-eurozone-last-the-year/249202/)

Quote
The reality, though, is that there are no safe havens anywhere any longer.

 And  more on the fed bailout (http://www.forbes.com/sites/steveschaefer/2011/11/30/bernanke-ecb-throw-more-dollars-at-europes-crisis/)

Quote
While the effort to provide more liquidity may temporarily soothe the symptoms of Europe’s debt crisis and allow financial institutions easier access to funding, it does little to address the underlying roots of overburdened governments that need to be propped up while they drastically cut spending.

Good thing we don't live in a country with a debt crisis and a need to drastically cut government spending, otherwise we couldn't help Europe out. Right?  
And the DOW is up over 12000. (http://www.cnbc.com/id/45491598)  If you still own stock, I think this would be an excellent time to exit.

Quote
The world's major central banks including the ECB, Federal Reserve, Bank of England and the central banks of Canada, Japan and Switzerland agreed to coordinated action to ease the increasing strains on the global financial system. The move is designed to "enhance their capacity to provide liquidity support to the global financial system."“If you stop and think about it, you have to realize what kind of danger the world is in for all the central banks to get together and save Europe,” said Alan Valdes, director of floor operations and VP of trading at DME Securities.Meanwhile, Valdes added that barring overly negative news from the euro zone, the market is poised for a “Santa rally.”



Title: Re: Is the EU Going to Topple?
Post by: Delnorin on November 30, 2011, 05:11:11 PM
Socialism, the ultimate Ponzi scheme without peer.
It's to die for, ain't it?
 ::unknowncomic::

Funny... I read that real fast and didn't read it right.

I read:  Socialism, the ultimate Pelosi scheme without peer.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 30, 2011, 05:38:58 PM
Socialism, the ultimate Ponzi scheme without peer.
It's to die for, ain't it?
 ::unknowncomic::

Funny... I read that real fast and didn't read it right.

I read:  Socialism, the ultimate Pelosi scheme without peer.

The end result is the same, complete ruination and tyranny.  The Pelosi's of the world are stupid enough to think the ruination part is controllable and that they'll survive to become the tyrants...
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on December 01, 2011, 01:34:27 AM
I guess the Fed and Wall St. have forgotten that MF Global was destroyed by gambling on European debt only a month ago . The only crazier thing would be to put a moron in the White House ... Ooops ... We already did that , didn't we ?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 01, 2011, 06:52:06 AM
I guess the Fed and Wall St. have forgotten that MF Global was destroyed by gambling on European debt only a month ago . The only crazier thing would be to put a moron in the White House ... Ooops ... We already did that , didn't we ?

 ::unknowncomic::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 01, 2011, 06:56:56 AM
Peter Schiff on the bailouts.

http://www.zerohedge.com/news/peter-schiff-explains-what-todays-global-fed-funded-bailout-means-future#comment-1934438 (http://www.zerohedge.com/news/peter-schiff-explains-what-todays-global-fed-funded-bailout-means-future#comment-1934438)

I think he is spot on, but I think additional buying opportunities in PM's is coming, I think liquidity cruch and margin calls will cause a general sell off, and then the march upward will resume.

PS-Don't know why so many Schiff haters are commenting at ZH, I finally joined up and began responding to them, but like libiots they thrive on being assholes...a lot of PaulBots around too...and the inescapable spammers!
 ::)
That's life in the digital age...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on December 01, 2011, 11:57:13 AM
Okay, so maybe looking up a picture for my pseudonym was a bad idea-- I started re-reading Cerebus.  However this page struck me as especially funny:

(http://i30.photobucket.com/albums/c341/weisshaupt/IMG_20111201_104949.jpg)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 05, 2011, 11:33:10 AM
Franco-German plan calls for big ruler with which to spank undisciplined members

http://www.reuters.com/article/2011/12/05/us-eurozone-idUSTRE7B30AO20111205 (http://www.reuters.com/article/2011/12/05/us-eurozone-idUSTRE7B30AO20111205)

Good luck with that!

Meanwhile, back in the United States of Amerika, The Ben Bernanke is ready to float more money to IMF to piss away in Europe...

http://www.reuters.com/article/2011/12/04/us-eurozone-imf-fed-idUSTRE7B30X320111204 (http://www.reuters.com/article/2011/12/04/us-eurozone-imf-fed-idUSTRE7B30X320111204)

 ::)

 ::mooning::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 08, 2011, 07:59:43 AM
Perhaps this is what Merkel & Sarkozy were trying to get ahead of...

http://www.zerohedge.com/news/why-uk-trail-mf-global-collapse-may-have-apocalyptic-consequences-eurozone-canadian-banks-jeffe (http://www.zerohedge.com/news/why-uk-trail-mf-global-collapse-may-have-apocalyptic-consequences-eurozone-canadian-banks-jeffe)

(Cue apocalyptic music)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on December 08, 2011, 01:05:24 PM

[blockquote]
Quote
where every day could be the developed world's last if not for the ongoing backstops, guarantees and bailouts of the central banking regime.
[/blockquote]
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 09, 2011, 06:27:09 AM

[blockquote]
Quote
where every day could be the developed world's last if not for the ongoing backstops, guarantees and bailouts of the central banking regime.
[/blockquote]


Yup.

Failure to launch -

http://www.zerohedge.com/news/wall-streets-response-summit-failure#comment-1962284 (http://www.zerohedge.com/news/wall-streets-response-summit-failure#comment-1962284)

Spending problem, what spending problem?

Austerity?  How do Neo-Keynesian's spell that?  M-o-n-e-t-i-z-e & B-a-i-l-o-u-t-s...

SSDD!!!

Ya can't fix stupid!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 26, 2012, 07:44:25 AM
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august (http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august)
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on January 26, 2012, 08:32:15 AM
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august (http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august)

 I think our exposure is high enough to the European debt and Currencies that an implosion there will finally knock our own  house of cards down.
Yeah its been a long wait, but I think we are finally going to see the major event this year.. probably before election day. And depending on Obama's response, there may never be an election day.
Of course the sheep are mighty clever at ignoring the obvious, so maybe they can limp Europe along for a bit longer and get that long, steady decline into 3rd world banana State that they are aiming for.

Buy self sufficiency, in whatever form you find it.
 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 26, 2012, 10:06:10 AM
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august (http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august)

 I think our exposure is high enough to the European debt and Currencies that an implosion there will finally knock our own  house of cards down.
Yeah its been a long wait, but I think we are finally going to see the major event this year.. probably before election day. And depending on Obama's response, there may never be an election day.
Of course the sheep are mighty clever at ignoring the obvious, so maybe they can limp Europe along for a bit longer and get that long, steady decline into 3rd world banana State that they are aiming for.

Buy self sufficiency, in whatever form you find it.


Heh!

&

Amen!
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on January 27, 2012, 03:40:16 AM
Is it fair to assume that investors are willing to take a 50% loss in Greece ? When pigs fly !
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 27, 2012, 07:04:16 AM
This is interesting, check out the wiggle room charts here -

http://www.zerohedge.com/news/presenting-interactive-wiggle-room-index-or-which-countries-will-be-forced-bail-out-developed-w (http://www.zerohedge.com/news/presenting-interactive-wiggle-room-index-or-which-countries-will-be-forced-bail-out-developed-w)

As you can see, wiggle room is shrinking, and many of those with any are not the most reliable of partners, some are outright hostile.

When you start running out of shells the shell game doesn't work so well!

Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 12, 2012, 09:10:02 PM
Start shrinking the socialist teat and the looters are exposed for what they are...looters.

http://www.reuters.com/article/2012/02/12/us-greece-idUSTRE8120HI20120212 (http://www.reuters.com/article/2012/02/12/us-greece-idUSTRE8120HI20120212)

Stay tuned for more thrilling episodes of "As Athens Burns"...

It never ceases to amaze me...what do people in a cash strapped society do when they panic...yup, burn their own crap to the ground.  Bloody brillant, eh?

This is us in the not very distant future.
Title: Re: Is the EU Going to Topple?
Post by: trapeze on February 12, 2012, 09:31:41 PM
This is almost certainly us in a BO future. In a Romney or Santorum future...not so much.

It brings to mind the the old saying (curse), "May you live in interesting times."

Title: Re: Is the EU Going to Topple?
Post by: trapeze on February 12, 2012, 09:56:23 PM
The best place to read about this kind of stuff is the UK daily papers...


The Sun (http://www.thesun.co.uk/sol/homepage/news/4124675/Greeks-feel-the-heat-as-cuts-backed.html) Read the comments, too.

The Telegraph (http://www.telegraph.co.uk/finance/financialcrisis/9078221/Greece-passes-crucial-bailout-vote-as-country-burns.html) Good article here.

The Independent (http://www.independent.co.uk/news/world/europe/greek-mps-warned-of-catastrophe-as-athens-erupts-in-violence-6804817.html)

The Daily Mail (http://www.dailymail.co.uk/news/article-2100099/Athens-protests-Lawmakers-endorse-austerity-measures-Greece.html) Best pictures and most comments.

The comments are the most interesting things to read. The commenters are mostly aware of how screwed everyone is and how it's coming to a country near you soon. The minority commenters* are the OWS types.

*depends on which rag you read. in some cases the OWS types are even with normal people.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on February 12, 2012, 10:20:00 PM

Yep, postcard from hell.
                                   http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/AV1C_20997-1200_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/AV1C_20997-1200_0.jpg)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 13, 2012, 06:50:20 AM
This is almost certainly us in a BO future. In a Romney or Santorum future...not so much.

It brings to mind the the old saying (curse), "May you live in interesting times."



Romney?   ::speechless::   ::whatgives::

I think you meant to say "...not as fast."!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on February 13, 2012, 10:12:12 AM

Most divorces are caused by money problems.  Romney doesn't understand the Constitution
but he does understand, more than most, money.  Our potential for survivability will greatly
increase with a Romney presidency than an Øbama second term.

Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on February 13, 2012, 10:23:05 AM
Our potential for survivability will greatly increase with a Romney presidency than an Øbama second term.

Define survivability?
Will he work to overturn Obamacare - the newest wealth sucking and debt creating machine?
Look at  Mass. and the things he did there. He understands Money alright. I am sure that as soon at everything collapses he will be whisked away to a nice island retreat somewhere.  He doesn't give a rip about the problems we are facing, and he is certaily not willing to do what is required to stop it. No politican on the ballot but Paul is, and Paul couldn't command the support required.  THERE IS NO POLITICAL SOLUTION.  There are varying degrees of decay, but decay is what we will get and have.

My survivability is going to be determined by my prep.  The Nation's finances cannot be fixed with anything short of an armed insurrection. The dollar will be made irrelevant - it may take 10 more years to do it ( but I am betting on 5)  but this is simply not sustainable, and like Europe, we are unwilling to do what would be requied to make it so. As a result this is going to play out in full technicolor.  You can either watch the show with popcorn or particpate in the production.  Either way, this movie is getting made.
 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 13, 2012, 12:00:39 PM
"As a result this is going to play out in full technicolor."

Yup.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2012, 07:06:38 AM
IMO the rating agencies on just about all scores are Johnny-come-lately's, even for a hindsight reliant business like this, but...EU downgrades are coming in batches now...the walls are closing in...all the central bankers really have is printing currency...full speed ahead into the abyss!

http://www.zerohedge.com/news/moodys-downgrades-italy-spain-portugal-and-other-puts-uk-france-outlook-negative-full-statement (http://www.zerohedge.com/news/moodys-downgrades-italy-spain-portugal-and-other-puts-uk-france-outlook-negative-full-statement)

ETA - Didn't take very long for the first reaction to hit the markets, as I noted here -

http://itsaboutliberty.com/index.php/topic,913.new.html (http://itsaboutliberty.com/index.php/topic,913.new.html)

If bankers are buying gold, well, that just speaks volumes to confidence, now doesn't it?!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on February 14, 2012, 02:56:45 PM

What's up with the SPDR sales?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2012, 07:08:09 PM

What's up with the SPDR sales?


Hello, Zurich?

http://www.bloomberg.com/news/2012-02-14/gold-holdings-by-exchange-traded-funds-as-of-feb-14-table-.html?cmpid=yhoo (http://www.bloomberg.com/news/2012-02-14/gold-holdings-by-exchange-traded-funds-as-of-feb-14-table-.html?cmpid=yhoo)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on February 14, 2012, 07:26:03 PM

http://www.zerohedge.com/news/inevitable-us-uk-japan-euro-downgrades-lead-further-currency-debasement (http://www.zerohedge.com/news/inevitable-us-uk-japan-euro-downgrades-lead-further-currency-debasement)
Quote
(Bloomberg) -- Touradji Sold Entire Stake in SPDR Gold Trust

Quote
(Bloomberg) -- GLG Partners Sells Stake in SPDR Gold Trust in Fourth Quarter
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2012, 07:32:33 PM
These last three links are all interconnected.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on February 14, 2012, 07:57:20 PM

Yeah, first time through I thought I was double clicking or vision.
But I couldn't understand how these entities dumping all their SPDR
holdings played with Japan and Ethiopia buying gold.  Couldn't under-
stand dumping SPDR anyway.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2012, 08:13:23 PM
I know which end of the transaction I'd rather be on.  The scary part is coming though, the erosion of confidence in all forms of paper is waning, and when it goes completely kaboom...well, can't have a market if you don't have anything of value.  Barter economics at its basic level is coming to us all soon enough.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 21, 2012, 07:14:18 AM
This is good, many knew the Greek bailout was doomed to fail, yet they went ahead anyway, proof positive that "you can't fix stupid"!

http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2 (http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2)
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on February 21, 2012, 10:15:58 AM
This is good, many knew the Greek bailout was doomed to fail, yet they went ahead anyway, proof positive that "you can't fix stupid"!

http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2 (http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2)

With private investors getting it broken off in their a$$es to the tune of over 50% this was sounding more and more like the GM bailout .
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on February 21, 2012, 11:10:06 AM
This is good, many knew the Greek bailout was doomed to fail, yet they went ahead anyway, proof positive that "you can't fix stupid"!

http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2 (http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2)

What else are you going to do? Admiting defeat will cause a collapse now vs. later. Later is ALWAYS better right?
http://www.zerohedge.com/news/greece-debt-deal-kicking-giant-beer-keg-down-road-risks-destroying-road (http://www.zerohedge.com/news/greece-debt-deal-kicking-giant-beer-keg-down-road-risks-destroying-road)

Meanwhile the stock market is climbing on all that new money printing. Ride the wave.

http://www.zerohedge.com/news/here-why-dow-just-passed-13000... (http://www.zerohedge.com/news/here-why-dow-just-passed-13000...)


But if you want to see what is really happening look at the market priced in gold
http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture (http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture)

And remember - "Gold is in a Bubble", so its  overvalued if that is true. So if that is true, the graphs at the last link are even worse.. 







Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 21, 2012, 11:15:08 AM
This is good, many knew the Greek bailout was doomed to fail, yet they went ahead anyway, proof positive that "you can't fix stupid"!

http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2 (http://www.businessinsider.com/leaked-memo-blows-the-lid-off-of-the-entire-greek-bailout-2012-2)

What else are you going to do? Admiting defeat will cause a collapse now vs. later. Later is ALWAYS better right?
http://www.zerohedge.com/news/greece-debt-deal-kicking-giant-beer-keg-down-road-risks-destroying-road (http://www.zerohedge.com/news/greece-debt-deal-kicking-giant-beer-keg-down-road-risks-destroying-road)

Meanwhile the stock market is climbing on all that new money printing. Ride the wave.

http://www.zerohedge.com/news/here-why-dow-just-passed-13000... (http://www.zerohedge.com/news/here-why-dow-just-passed-13000...)


But if you want to see what is really happening look at the market priced in gold
http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture (http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture)

And remember - "Gold is in a Bubble", so its  overvalued if that is true. So if that is true, the graphs at the last link are even worse.. 









But if you want to see what is really happening look at the market priced in gold
http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture (http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture)

And remember - "Gold is in a Bubble", so its  overvalued if that is true. So if that is true, the graphs at the last link are even worse.. 

THAT!!!
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on February 21, 2012, 02:50:55 PM
Or if you don't like using "gold" as the wealth reference, about using the S&P priced in Oil

http://www.zerohedge.com/news/presenting-biggest-tradeoff-surging-stock-market (http://www.zerohedge.com/news/presenting-biggest-tradeoff-surging-stock-market)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 22, 2012, 07:21:47 AM
Heh, gallons of gas.  Commodities have an intrinsic value that cannot be wished away, the other markets have been debased by the Neo-Keynesian's fiat money.  SSDD, rinse & repeat until the collapse ends the circus.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on February 22, 2012, 07:50:28 AM
Heh, gallons of gas.  Commodities have an intrinsic value that cannot be wished away, the other markets have been debased by the Neo-Keynesian's fiat money.  SSDD, rinse & repeat until the collapse ends the circus.

Thats going to happen soon right?  I can't take much more of this. Obama reiterated today that he has no intention of obeying the Constitution if congress refuses to act - which of course means  "refusing to act the way hey wants" - the announcment that he didn't turn down the XL Pipeline, but that it was a result of congress not offering him a choice he wanted  proves that. I  can wait till the starving little monkeys he helped create drag Borat from his office and hang him on his petard of hope N change. The Tea Party groups the IRS is harrassing are refusing to comply.
http://dailycaller.com/2012/02/22/congressional-investigations-sought-over-irs-assault-on-tea-party-groups/ (http://dailycaller.com/2012/02/22/congressional-investigations-sought-over-irs-assault-on-tea-party-groups/)

Hope we see much more of that, and I think we will if the Court upholds Obamacare, or even if Borat wins the election. Obama 2012: Lets see how bad, bad can get.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 22, 2012, 07:54:53 AM
Heh, gallons of gas.  Commodities have an intrinsic value that cannot be wished away, the other markets have been debased by the Neo-Keynesian's fiat money.  SSDD, rinse & repeat until the collapse ends the circus.

Thats going to happen soon right?  I can't take much more of this. Obama reiterated today that he has no intention of obeying the Constitution if congress refuses to act - which of course means  "refusing to act the way hey wants" - the announcment that he didn't turn down the XL Pipeline, but that it was a result of congress not offering him a choice he wanted  proves that. I  can wait till the starving little monkeys he helped create drag Borat from his office and hang him on his petard of hope N change. The Tea Party groups the IRS is harrassing are refusing to comply.
http://dailycaller.com/2012/02/22/congressional-investigations-sought-over-irs-assault-on-tea-party-groups/ (http://dailycaller.com/2012/02/22/congressional-investigations-sought-over-irs-assault-on-tea-party-groups/)

Hope we see much more of that, and I think we will if the Court upholds Obamacare, or even if Borat wins the election. Obama 2012: Lets see how bad, bad can get.

Yes, I have my "Resist I Much" gameface on!   ::thumbsup::

ETA - These Tea Party people need some support, not just in Congress, but physical, and armed!   ;)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 22, 2012, 09:21:47 AM
Man, if the idiots back here get this idea...let them try it on their own, the unionistas, wouldn't that be a hoot?!

Greece Unveils The Negative Salary
http://www.zerohedge.com/news/its-official-greece-unveils-negative-salary (http://www.zerohedge.com/news/its-official-greece-unveils-negative-salary)
Title: Re: Is the EU Going to Topple?
Post by: Pandora on February 22, 2012, 09:36:11 AM
Quote
The Tea Party groups the IRS is harrassing are refusing to comply.

They don't comply, they don't get the tax exemption unless Congress does something helpful.  Do they intend to file as though they're in compliance?
Title: Re: Is the EU Going to Topple?
Post by: BMG on April 23, 2012, 07:50:36 AM
http://www.cnbc.com/id/47140237 (http://www.cnbc.com/id/47140237)

Quote
The Dutch government’s failure to reach an agreement in talks to achieve tough spending cuts could see ratings agencies cut the country’s prized AAA-rating and nervous investors push up the country’s borrowing costs, and it will also have wider implications for the euro zone as a whole, analysts said on Monday.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 23, 2012, 08:54:15 AM
And the contagion spreads...

Ahh, summertime in Europe!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on April 23, 2012, 11:49:32 AM

They've got to take care of all this business before summer actual.
Because in the summertime they shut down, take vacation and
leave business to the peasants.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 23, 2012, 12:44:12 PM

They've got to take care of all this business before summer actual.
Because in the summertime they shut down, take vacation and
leave business to the peasants.


And then the tourists roll in and wonder why the hotel and restraunt staff are so rude!

 ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: BMG on April 24, 2012, 01:27:43 PM
LINK (http://www.rte.ie/news/2012/0424/spain-borrowing-rate-soars-for-short-term-debt.html)

Quote
Spain's borrowing rate nearly doubled in a short-term debt auction as investors fretted over the euro zone's determination to deal with its debts.

And Italy raised nearly €3.5 billion in a short-term bond sale today but at sharply higher interest rates amid fresh concerns over the euro zone outlook, the Bank of Italy said.

Quote
Fresh concerns, however, over whether fellow eurozone struggler Spain can stabilise its public finances, coupled with nervousness over the French presidential elections and the political crisis in the Netherlands has turned sentiment for the worse again.

LINK (http://www.reuters.com/article/2012/04/24/greece-cenbanker-idUSL5E8FO4VU20120424)

Quote
Greece's economy will contract a deeper than expected 5 percent this year, the country's central bank chief said on Tuesday, piling more pressure on to a citizenry already battered by crippling austerity and record joblessness.

And the pain of socialism continues...
...and yet, over in France the voters seem to be ready to double down and make it all even worse. France going full-on socialist would probably put the final nail in the coffin of the EU.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 24, 2012, 02:30:11 PM
And the pain of socialism continues...
...and yet, over in France the voters seem to be ready to double down and make it all even worse. France going full-on socialist would probably put the final nail in the coffin of the EU.


It will also be a shot across the bow of Germany, I could see them saying "to hell with this crap!", and bolt the EU!  England would likely follow, maybe a couple others...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 27, 2012, 09:11:32 AM
Nice chart.  How bad can "derailment" be?

/

http://www.zerohedge.com/news/europe-you-are-here (http://www.zerohedge.com/news/europe-you-are-here)
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 01, 2012, 03:53:14 PM
http://pjmedia.com/eddriscoll/2012/04/29/around-the-world-in-80-basis-points/?singlepage=true (http://pjmedia.com/eddriscoll/2012/04/29/around-the-world-in-80-basis-points/?singlepage=true)

Quote
No sooner had Lehman Brothers collapsed than the printing presses started to roll out copies of Galbraith’s book on the debacle of 1929, The Great Crash. In fact, it couldn’t be printed fast enough, paperback books being affordable even in times of crisis. Galbraith was the hero of a recent PBS documentary extolling the value of big government. And demand management à la Galbraith is now back with a vengeance, of course. If the improvidently indebted but now impecunious private citizen won’t spend and thereby expand economic activity, the improvidently indebted but infinitely expandable government will do it for him.

So how’s that working out? Pretty badly, if these recent stories are any indication. First up, at Big Peace, founded by the late Andrew Breitbart, John J. Xenakis has this news of fresh disaster from Europe: “Spain Unemployment Near 25%; Britain Enters Double-Dip Recession”:

        Spain’s economy keeps spiraling downward as unemployment rises to 25%
        Switzerland considers paying illegal aliens to leave Switzerland
        Britain’s economy moves into a ‘double-dip’ recession
        Germany’s Angela Merkel angrily repudiates François Hollande’s campaign promises
        Greece’s elections driven by anti-austerity, anti-immigrant fervor
        Romania’s government collapses, Czech government survives, in anti-austerity anger

This piece covers much of the world but it seemed to fit in this thread nicely so here it is.

On the one hand I'm convinced that the EU is going to crash and fairly soon too...and I think that it will be a good thing. Sure it will be terrible as far as the misery that will come about because of it. But at the same time I think that that is what it will take for people to pull their heads out of their nether-regions and get a breath of fresh air; ala reality. 



Title: Re: Is the EU Going to Topple?
Post by: AlanS on May 01, 2012, 05:46:33 PM
But at the same time I think that that is what it will take for people to pull their heads out of their nether-regions and get a breath of fresh air; ala reality. 


The leaches will never accept reality, no matter how hard it hits them over the head.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 02, 2012, 07:08:36 AM
Plus...that global economy thingy...the fact that all banks own a share of each others worthless paper...the fact that markets will be roiled the world over...the fact that bare essentials for life will experience rapid inflation...

Their going down only preceeds our own.

I wouldn't get to thrilled about it, but I would expedite whatever SHTF plans in the works.
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 03, 2012, 10:39:25 PM
http://www.express.co.uk/posts/view/318045/EU-plot-to-scrap-Britain (http://www.express.co.uk/posts/view/318045/EU-plot-to-scrap-Britain)

I can't really think of a better place to put this even though this isn't a financial story. If the people in this story have their way though I think it would end up toppling the EU in the end anyway so the outcome is the same.

Quote
SENIOR Eurocrats are secretly plotting to create a super-powerful EU president to realise their dream of abolishing ­Britain and other nation states, the Daily Express can reveal.

A covert group of EU foreign ministers has drawn up plans for merging the jobs currently done by Herman Van Rompuy, president of the European Council, and Jose Manuel Barroso, president of the European Commission.

The new bureaucrat, who would not be directly elected by voters, is set to get sweeping control over the entire EU and force member countries into ever-greater political and economic union. Tellingly, the UK has been excluded from the confidential discussions within the shady “Berlin Group” of Europhile politicians, spearheaded by German foreign minister Guido Westerwelle.

Quote
“This is a plot by people who want to abolish nation states and create a United States of Europe,” he said. “The whole thing is barmy. These people are determined to achieve their final objective.

The only hope for Britain is to leave the EU and become an independent nation.

Sounds a bit like UN's agenda 21 at work over there in Europe to me. Also, this isn't the first story in the last year or so that I've read where politicians in Britain were discussing leaving the EU altogether.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 03, 2012, 11:08:52 PM
Ah. So the Eurocrats want a king, do they.
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 04, 2012, 07:42:34 AM
It would seem so Pan.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 04, 2012, 07:43:40 AM
I think they are more likely to end up with a dictator...

Ask Hindenburg how well it worked out for Germany to name Hitler Chancellor!
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 04, 2012, 08:44:05 PM
This is more concerning the global economy, but it addresses Europe as well so guess I'll stash it here. (http://www.reuters.com/article/2012/05/04/us-global-economy-idUSBRE8431LP20120504)

Quote
The euro zone economy worsened markedly last month and U.S. employers cut back on hiring, according to two reports on Friday that dampened hopes for gradual recovery on either side of the Atlantic.

In Europe, the purchasing managers indexes (PMIs), which primarily cover services, suggested a recession across the continent's currency union could now extend to mid-year and be deeper than previously thought.

The gloomy surveys clashed with the picture painted by European Central Bank President Mario Draghi, who on Thursday spoke of a gradual recovery taking place in the euro zone during the course of the year - although he did speak about risks.

In the United States, a government report showed employers added a disappointing 115,000 workers to payrolls last month and, critically, many Americans stopped looking for work. Economists had expected 170,000 new nonfarm jobs, and the report could hurt President Barack Obama as he steps up a re-election campaign that will likely hinge on the state of the economy.

Quote
Markit's Eurozone Services PMI, which gauges business activity over a month, came in at 46.9 in April, sharply lower than 49.2 in March. Anything below 50 signifies contraction.

That was also a full point lower than the preliminary reading of 47.9 reported two weeks ago, which itself was far weaker than any economist polled by Reuters had expected.
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on May 04, 2012, 09:00:28 PM
I would say Britain's viability as a nation is far more threatened by their immigration policy of importing barbarian hordes, more than it is threatened by the fantasies of eurocrats in Brussels.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 04, 2012, 09:18:14 PM
I would say Britain's viability as a nation is far more threatened by their immigration policy of importing barbarian hordes, more than it is threatened by the fantasies of eurocrats in Brussels.

 Self inflicted.
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 06, 2012, 05:21:56 PM
Looks like the house of cards is starting to crumble... (http://www.thelocal.de/politics/20120506-42381.html)

Quote
German Chancellor Angela Merkel's centre-right coalition lost power in the state of Schleswig-Holstein, first estimates showed Sunday, after a vote that could presage national elections next year.

Some more interesting reading:

Socialist Hollande wins in France (http://www.france24.com/en/france/2min/20120506-france-socialist-hollande-wins-presidential-election-sarkozy)

And

Greeks poised to blow off their debts (http://www.france24.com/en/20120506-angry-voters-greek-ruling-parties-pasok-new-democracy-austerity-legislative-parliament-elections)
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 06, 2012, 05:29:38 PM
Looks like the house of cards is starting to crumble... (http://www.thelocal.de/politics/20120506-42381.html)

Quote
German Chancellor Angela Merkel's centre-right coalition lost power in the state of Schleswig-Holstein, first estimates showed Sunday, after a vote that could presage national elections next year.

Some more interesting reading:

Socialist Hollande wins in France (http://www.france24.com/en/france/2min/20120506-france-socialist-hollande-wins-presidential-election-sarkozy)

And

Greeks poised to blow off their debts (http://www.france24.com/en/20120506-angry-voters-greek-ruling-parties-pasok-new-democracy-austerity-legislative-parliament-elections)


 I'm shocked shocked I tells ya.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 07, 2012, 07:23:29 AM
France wants to lead the EU down the drain.  Even though we will not escape the fallout, I hope it hurts them a hell of a lot more than it hurts anybody!

OK everybody!  Lets all jump in together now!

(http://i585.photobucket.com/albums/ss291/libertasinfinitio/Warnings/hole.gif)
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on May 07, 2012, 08:05:55 AM
Yes, I figure this is ultimately a good thing. It should help bring about the end sooner.
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 07, 2012, 11:09:49 AM
Yeah, in the long run it is a good thing. It'll be really painful for the entire world...but when all's said and done it will be impossible to put any kind of a positive spin on socialist policies. The majority of the world is socialist in some form or another, ergo; it is socialist policies that have wreaked all this havoc. Even the dumbest of the dumb fence-sitting voter will be able to see that. The only ones left to support it at that point will be the die-hard leftists that wanted all this destruction to begin with.
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 07, 2012, 04:01:29 PM
Britain is shackled to the corpse of Europe (http://www.dailymail.co.uk/debate/article-2140532/Francois-Hollande-French-president-Britain-shackled-corpse-Europe.html?ITO=1490)

Quote
Europe's economic problems are about to get a whole lot worse. For the past three years, governments have tried, however ineffectually, to tackle the debt crisis. Now, though, in country after country, voters are demanding precisely the high-tax and high-spend policies which caused the recession in the first place.

Yesterday’s elections in France and Greece were the first of what will surely be many advances by the populist Left. In both places, candidates were elbowing each other aside during the campaign to demand more intervention and an end to cuts.

Quote
Europe is in a downward spiral. The worse things get, the more its people vote for all the things that brought it to its present unhappy condition: wastrel spending, unsustainable borrowing, punitive taxation, deeper integration.

Not since we joined the EEC 40 years ago have the Continent’s prospects looked so dark. Nor, by contrast, has the rest of the English-speaking world looked so bright: as Europe dwindles, the Old Commonwealth is flourishing. We thought we were joining a growing and prosperous market all those years ago when we signed up to Europe. In fact, we were shackling ourselves to a corpse.

Of course, this is stuff we already knew - but it is still a good read and sums up the situation pretty well.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 07, 2012, 10:05:57 PM
Quote
Of course, this is stuff we already knew ...

And know.  About their circumstances and our own.  We need - NEED - to get our own Looter elements under control sooner rather than later because they will insist, demand and drag us kicking and screaming down the same black hole, and that's just the radicals; the spineless, ball-less wonders, the faux conservatives, will see us to the same destination, just a bit later rather than sooner.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 09, 2012, 11:56:42 AM
Zee plan iz unvaayald!

http://www.zerohedge.com/news/germanys-roadmap-greek-return-drachma (http://www.zerohedge.com/news/germanys-roadmap-greek-return-drachma)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 09, 2012, 01:34:50 PM

Europe's piggybank...is set to cut Europe's most wayward child loose.

According to economists, a 50% depreciation would be necessary.
That would, at least theoretically, mean that holidays in Greece would be substantially cheaper.

Greece's new economic growth field, kidnapping...
Yeah, po'd Greeks will be much less pleasant than
French peasants  during vacation season.


Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 09, 2012, 01:47:42 PM
On to Spain!
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on May 09, 2012, 04:38:42 PM
Beware of Greeks demanding gifts.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 09, 2012, 06:34:53 PM
  In the end all that happens is that everything goes back to where it was and Greeks can all go back to doing what they did best,nothing Italy goes back to the Lira and a massive deflation in prices happens to them and Spain goes back to Bullfighting and they lived happily ever after.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 09, 2012, 09:53:27 PM
Once the inflation really hits Greece we'll see a whole new level of riots in the streets.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 10, 2012, 06:46:45 AM
Oh, and add grotesque unemployment to the mix!

http://www.zerohedge.com/news/greeces-jobless-soar-42-unemployment-rises-record-industrial-collapse-accelerates (http://www.zerohedge.com/news/greeces-jobless-soar-42-unemployment-rises-record-industrial-collapse-accelerates)

Ah yes, nothing like hoards of angry unemployed youths on the streets with nothing to do!

Could be a banner year for national socialists, get used to seeing this all over Greece -

(http://www.redstate.com/repair_man_jack/files/2012/05/chrysi-avgi.jpg)

And Germany gets to find out if there is such a thing as infinity...

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/05/Bundesbank%20TARGET2%20April_0_0.jpg)
H/T - ZeroHedge
http://www.zerohedge.com/news/europes-most-parabolic-chart-goes-probolic-er (http://www.zerohedge.com/news/europes-most-parabolic-chart-goes-probolic-er)
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 11, 2012, 09:39:55 AM
Return of the drachma! (http://www.reuters.com/article/2012/05/11/us-banks-drachma-idUSBRE84A0DC20120511)

Quote
Banks are quietly readying themselves to start trading a new Greek currency. Some banks never erased the drachma from their systems after Greece adopted the euro more than a decade ago and would be ready at the flick of a switch if its debt problems forced it to bring back national banknotes and coins.

Wonder how much longer it will be before we see similar stories about the Lira, Mark, Franc, etc...

And then there's this:

LINK (http://www.telegraph.co.uk/finance/debt-crisis-live/9258807/Debt-crisis-live.html)

Quote
The Spanish government has told banks they must increase their provisions against property loans from 7pc to 30pc, meaning they must raise another €30bn.

And this:

LINK (http://ca.news.yahoo.com/eu-predicts-0-3-per-cent-eurozone-economic-094121123--finance.html)

Since this is a Yahoo article I'll cut & paste the whole thing...

Quote
EU predicts 0.3 per cent eurozone economic contraction in 2012, says bloc in 'mild recession'
The Canadian Press
By Pan Pylas, Raf Casert, The Associated Press
The Canadian Press – 1 hour 51 minutes ago

     EU Commissioner for the Economy Olli Rehn gestures as he addresses the media on the spring economic forecast at the European Commission headquarters in Brussels, Friday May 11, 2012. (AP Photo/Geert Vanden Wijngaert)

    EU Commissioner for the Economy Olli Rehn gestures as he addresses the media on the …

BRUSSELS - The European Union estimates that the economy of the 17 countries that use the euro is in recession in the wake of a debt crisis that has prompted savage spending cuts and a jump in unemployment to record highs.

The European Commission, the executive arm of the EU, forecasts that the eurozone economy will contract by 0.3 per cent in 2012 and grow by 1 per cent next year. Its prediction for 2012 is far weaker than the one it gave last November, when it predicted growth of 0.5 per cent. A year ago it was predicting growth of 1.8 per cent.

Friday's forecasts provide clear evidence of the impact of Europe's debt crisis on the eurozone economy over the past year as governments have struggled to introduce deficit-reduction measures and business and consumer confidence has taken a dive.

Olli Rehn, the EU's monetary affairs chief, said the recession is likely to be "mild" and "short-lived".

A recession is commonly defined as two consecutive quarters of negative growth and figures next week are expected to show that the eurozone contracted by a quarterly rate of 0.2 per cent for the second quarter running.

Rehn insisted a "recovery is in sight" but urged member countries not to give up on their efforts to get their public finances back into shape. However, he did indicate that more could be done to give growth a boost.

"Sound public finances are the condition for lasting growth, and building on the new strong framework for economic governance, we must support the adjustment by accelerating stability and growth-enhancing policies," said Rehn.

How to get the faltering eurozone economy growing again has become the hot topic in European policymaking circles over the past few weeks. Sunday's presidential election victory by Francois Hollande was due in large part to his promotion of the need for a greater focus on growth in Europe. So far, austerity measures, such as cuts to wages and pensions as well as tax rises, have been the main policy response to too much government debt in a number of eurozone countries.

In Greece, the epicenter of Europe's debt crisis, elections on Sunday illustrated the level of anger against the austerity that's been imposed on the country. Greece is in its fifth year of recession and has record-high unemployment with more than one of two young people out of work.

The Commission laid out the prospect of another grim year ahead. It's forecasting a 4.7 per cent economic contraction in Greece to follow 2011's 6.9 per cent. However, it said the Greek economy should flatline after that on the assumption of unchanged policies.

With a second round of elections appearing likely in Greece next month, there are concerns that the country may not meet its commitments to international creditors and that its bailout may be halted, putting its future in the euro under severe threat.

Greece has enacted a raft of austerity measures over the past few years in the hope of getting a handle on its borrowings. Some progress is being made on the public finances front but the country is still in a parlous situation. The Commission predicts that the Greek budget deficit will narrow to 7.3 per cent of national income this year. Though down from last year's 9.1 per cent, the level of borrowing is still double the 3 per cent limit that was supposedly enshrined in euro membership.

Just chronicling the obvious...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 11, 2012, 11:08:40 AM
Url=http://www.zerohedge.com/news/visualizing-europes-ponzi-patriotism]Ponzi Patriotism: When all foreign investment leaves your country and your own government buys up those investments and keeps inflating them[/url]
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 13, 2012, 08:40:51 PM
LINK (http://www.bloomberg.com/news/2012-05-13/euro-officials-begin-to-weigh-greek-exit-from-common-currency.html)

Quote
Greek withdrawal “is not necessarily fatal, but it is not attractive,” European Central Bank Governing Council member Patrick Honohan said in Tallinn on May 12. An exit was “technically” possible yet would damage the euro, he said. German Finance Minister Wolfgang Schaeuble reiterated in an interview in Sueddeutsche Zeitung that member states seeking to hold the line on austerity for Greece could not force the country to stay.

LINK (http://www.telegraph.co.uk/finance/financialcrisis/9262068/Greece-will-run-out-of-money-soon-warns-deputy-prime-minister.html)

Quote
"We will be in wild bankruptcy, out-of-control bankruptcy. The state will not be able to pay salaries and pensions. This is not recognised by the citizens. We have got until June before we run out of money.

"We have been spending the future for half a century. What [the anti-bailout forces] are really asking from the EU is not just to pay our bills, but also to pay for the deficit which we are still creating.

"I'm sure the Germans don't want Greece to leave the euro. What I don't know is how much they're willing to pay. It depends on the German man on the street. Is he willing to pay his taxes to save Greece? I doubt it."


LINK (http://www.reuters.com/article/2012/05/13/us-greece-idUSBRE8440DG20120513)

Quote
Greek political leaders on Sunday ignored a final plea from the president to form a coalition government to avert a repeat election, pushing the debt-stricken nation closer to bankruptcy and a possible exit from the euro zone.

LINK (http://www.reuters.com/article/2012/05/13/us-germany-election-nrw-result-idUSBRE84C09G20120513)

Quote
Chancellor Angela Merkel's conservatives suffered a crushing defeat on Sunday in an election in Germany's most populous state, a result which could embolden the left opposition to step up its criticism of her European austerity policies.

LINK (http://www.reuters.com/article/2012/05/13/londonproperty-idUSL5E8GB8RI20120513)

Quote
LONDON, May 13 (Reuters) - Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe haven for their money.

The number of Greeks searching for homes costing more than 1.5 million pounds ($2.4 million) on the website of property agent Savills jumped 39 percent in April compared with the average of the preceding six months, the company said.

"The reason Greeks are coming is very simple," said Dinos Joannou, a 65-year-old Cypriot who works in the Athenian Grocery in the Bayswater district of London and has seen growing numbers arrive this year. "Greece is screwed, there are no jobs and it has been run by crooks."

LINK (http://www.cnbc.com/id/47396554)

Quote
The situation in the euro zone has become so bleak that it is giving rise to the most improbable rumours. The latest to make the rounds of European hedge fund managers suggests that the euro will be tied to the dollar at close to parity, a dramatic fall from its current level of just under $1.30 and one that would involve the printing of hundreds of billions of euros.

Just updating the thread - seems a lot is happening pretty fast this weekend.
 
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 13, 2012, 08:47:53 PM
Eurozone: If Greece goes ... (http://www.ft.com/cms/s/0/175fcc8c-9b7f-11e1-8b36-00144feabdc0.html)

Quote
The idea of a Greek exit from the eurozone is no longer fanciful. After 70 per cent of voters in elections on May 6 supported parties that rejected the terms under which €174bn of international bailout loans were offered to Athens, many investors now see a fissure in the 17-member eurozone as increasingly likely. European governments are furiously thinking through the various scenarios, while still urging Athens to stick to its agreements on austerity and reform. If those hopes are dashed and Greece goes, what happens next?

Quote
Can the eurozone contain the contagion?

This is the biggest unknown. If the eurozone authorities could persuade investors and the public that Greece was a special case, the effects of an exit could be contained. If not, a Greek exit would soon become a disorderly break-up of the euro project.

The inevitable question after a departure is: “Who’s next?” Eyes would turn rapidly to Portugal, which followed Greece into the bailout club. Investors would sell Portuguese bonds, seek to extract money from the country’s banks and take euros across the border for fear of an exit and devaluation. Currency risk has been evident in the European banking system since late last year, but the incentives to move deposits into German banks from those in Portugal, Ireland, Spain and Italy would be clear.

If the political will to hold the single currency together exists, the eurozone has a big weapon in its arsenal to contain the contagion: unlimited action by the ECB. It could restart bond-buying at very high levels to limit rises in sovereign bond yields and offer unlimited liquidity to peripheral-nation banks to offset a run on deposits. This would worry Berlin, which feels the ECB has already gone too far in underwriting bank and sovereign debt in peripheral countries. But the alternative is worse, as the EU has no other sufficiently powerful defence against a systematic bank run in such nations.

The answer, therefore, is that the eurozone could limit contagion, but it is highly uncertain whether it would. If it did not, the end of the euro would be nigh.

In either case, the outlook for the European economy is highly risky. After the Lehman collapse in 2008, it was not a dearth of bank lending that plunged the region into its worst recession since the second world war, but a collapse in confidence and spending as households and companies decided simultaneously to tighten their belts in fear of what might happen next. Unless the European authorities are extremely skilful in ringfencing Greece, a similar scenario would be a severe danger.

So this is what I got from this article. It looks like one of three things is about to happen (seemingly sometime between now and the end of the year):

A) The EU collapses and the world economy steps back into the dark ages.
                           OR
B) The EU is separated from Greece one way or another and the world economy steps one foot back into the dark ages which is most likely to end up at A above a short while later.
                           OR
C) Greece is somehow convinced that the EU isn't going to forgive all their past debts AND allow them to stop with all their austerity AND allow them to remain in the EU (which is what the Greek voters seem to believe is going to happen right now) and they immediately go back to their previously prescribed austerity measures from before their last vote.

Essentially it looks to me like things are EXCEEDINGLY wobbly in the EU after last week's leftist incursions into various European governments and collapse is all but guaranteed at this point.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 14, 2012, 06:35:59 AM
Regarding Greece, interesting take here -

So here is the 3-point plan:

1. Renounce all debts denominated in the euro, i.e. a 100% writedown.

2. Accept the U.S. dollar as the national currency of Greece.

3. Engage in a transparent national dialog and reach a consensus about taxation and the role of the state in the Greek society and economy.

We might add a fourth point: renounce scams and kicking problems down the road rather than addressing them directly, sweeping dysfunction under the rug, etc.
http://www.zerohedge.com/news/guest-post-crazy-idea-might-just-work-greeces-new-currency-us-dollar (http://www.zerohedge.com/news/guest-post-crazy-idea-might-just-work-greeces-new-currency-us-dollar)

I think the first two points could be called the "Nuclear Option"...the only reason to do #2 is because you just told the EU to go screw itself, but #3 and #4 have no chance...starting over from scratch the socialists will just fire up the free-spending merry-go-round...but who will lend to them?  Also, since American banks are also in on this scam we would not be immune from the effects of all that bad paper going up in smoke.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 14, 2012, 04:23:59 PM
http://www.zerohedge.com/news/must-see-greece-explained-one-picture (http://www.zerohedge.com/news/must-see-greece-explained-one-picture)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 14, 2012, 05:17:20 PM

Germany was correct when it said Greece should sell some
of its islands.  They should be cut off and if American bankers,
Jamie Dimon comes to mind, are involved in this let the first
money come from their pockets till they are empty then the
board's money.  That would stop American bankers doing dopey
deals.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2012, 07:15:46 AM
Corrupt politicans and corrupt private sector bosses who sold their shareholders , bondholders and customers down the river...

There ought to be trials and executions...

But Soros, Corzine & Falcone are still walking unimpeded and breathing free air, right?

Same for all the rotten politicians the world over too, eh?

But there will only be more corruption, more lies, more abuse...

...until the SHTF...then it will be BITS.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2012, 07:17:10 AM
http://www.zerohedge.com/news/must-see-greece-explained-one-picture (http://www.zerohedge.com/news/must-see-greece-explained-one-picture)

Obama is aiming for this picture...

(http://i585.photobucket.com/albums/ss291/libertasinfinitio/Warnings/Demopocalypse.jpg)

...but it is not certain he will be able to control it!
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 15, 2012, 07:38:56 AM
LINK (http://www.telegraph.co.uk/finance/financialcrisis/9265930/Merkel-tells-Greece-to-back-cuts-or-face-euro-exit.html)

Quote
Attempts to form a new government in Athens have been thwarted for the past nine days, although the country’s president will meet all major parties this afternoon to discuss the forming of a “technocratic” administration rather than a coalition.

An outgoing Greek minister warned that the country could descend into “civil war” amid the chaos of a euro exit. “If Greece cannot meet its obligations and serve its debt the pain will be great,” Michalis Chrysohoidis was quoted as telling a local radio station. “What will prevail are armed gangs with Kalashnikovs and which one has the greatest number of Kalashnikovs will count … we will end up in civil war.”

Coming soon to a country near you...


Quote
“The British recovery has been damaged over the last two years not by Britain getting a grip on its public finances but by uncertainty in the eurozone. It is that uncertainty, not austerity, that is doing the real damage to the European recovery, and indeed the British recovery.”

This is pretty funny to me. It is well known that socialists breed uncertainty in any market. These people apparently know that too judging by this quote. And yet, they continue to follow socialist ideals. They want uncertainty, but then complain about all the uncertainty they've created! Rich!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2012, 08:45:19 AM
(http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/05/20120515_golden%20dawn_0.png)

Greece gets a Golden Shower...

http://www.zerohedge.com/news/greek-neo-nazi-manifesto (http://www.zerohedge.com/news/greek-neo-nazi-manifesto)

 ::speechless::
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 15, 2012, 09:00:17 AM
Wow. Just finished reading some of the comments at that Zerohedge (http://www.zerohedge.com/news/greek-neo-nazi-manifesto) link Libertas. Talk about a bunch of anti-Semitic, hate-spewing jerks over there. That site seems to have it's fair share of them! Yikes!

Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 15, 2012, 09:21:31 AM
Wow. Just finished reading some of the comments at that Zerohedge (http://www.zerohedge.com/news/greek-neo-nazi-manifesto) link Libertas. Talk about a bunch of anti-Semitic, hate-spewing jerks over there. That site seems to have it's fair share of them! Yikes!



Amazing how some hatreds just never die.  Wonder if those same people would turn right around and call me intolerant for standing against gay "marriage".
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 15, 2012, 09:45:20 AM
Wow. Just finished reading some of the comments at that Zerohedge (http://www.zerohedge.com/news/greek-neo-nazi-manifesto) link Libertas. Talk about a bunch of anti-Semitic, hate-spewing jerks over there. That site seems to have it's fair share of them! Yikes!

The Comments at Zero-hedge are a huge snark-fest. They are often entertaining, and in some cases impart more information than the article itself.

The nice thing about Zero-hedge is that it does seem to attract all types.. and from all over the world- often giving you a much broader perspective on how events are being perceived in different places and cultures.  Antisemitism is common in Europe - thousands of years of  Jews being the more successful "other" have ensured that. That particular article brought out that characteristic more violently than I have seen it before.

You also have a large contingent of Ron Paulbots, Gold Bugs, Anti-Corporate OWS types, Alex Jones adherents and a bunch of people who like to push the buttons of the preceding groups.   
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 15, 2012, 09:54:30 AM
That's just the thing Pan. Leftism is a ideology that espouses tolerance, etc but certainly does not practice it. It espouses it so that it looks good. And then when the leftist is later noted as advocating the death of their opponents the hypocrisy is rarely pointed out and even more rare is it that if pointed out, anything is ever made of it.

Meanwhile, when a conservative voices their opposition to something like homosexuality they are immediately branded with the 'Hitler' descriptor and said to want to 'murder all the gays'. When in fact, the conservative simply says they don't like it and won't support it.

How people can support an ideology that does this sort of thing is beyond me to even contemplate. It is so prevalent and so obvious that it seems a very lame notion to attribute a lack of 'paying attention to the issues' as the reasoning behind the misguided support. A blind man can see this happening it is so obvious. How people can think that others support this ideology simply because they aren't paying attention doesn't ring true to me. I think it is a matter of 'going along to get along' learned through generations of indoctrination and not simply a matter of 'not paying attention to the issues'.

If that is correct then I don't think it can be overcome.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 15, 2012, 10:31:46 AM
I think it is a matter of 'going along to get along' learned through generations of indoctrination and not simply a matter of 'not paying attention to the issues'.

No, its deeper than that - these people derive their self-worth from believing as they believe. Their teachers made it clear to them that if you are a good person if you vote Democrat, and a bad person if you don't. They were never taught how to pay attention to the issues or how to think for themselves - they have an ingrained, Pavlovian response to politics - because the Democrats have been marketed to them since they were children. Unicorns and skittles have been associated with the Democrats and the Nazis and Hilter are the embodiment of the political right. They  don't think about it any more than they think about buying Coke vs. Pepsi, making that decision on who's ads make them feel best about themselves.

MichelleO took the daughter to a Girl Scout meeting last night.  The other moms were discussing the impending budget cuts at the elementary  school - The principal is threatening to not have enough desks for the children and requiring Class sizes of over 37 next year. The other moms had no clue as to why.. after all there was money in previous years! None of them understood that unemployment meant less income  tax revenue. None of them understood that falling house values meant falling mill levy revenues. Non of them could connect the dots on their own, and were all for a Mill Levy Tax increase that the County is proposing -as if that would have no effect on them at all - its all of those evil retired old people in the county who don't want their real estate taxes raised! (no I didn't make that up)   Could that be because they are on  fixed incomes and inflation is killing them? 



They will only start trying to pay attention when the reality of the situation affects them personally - like when their kid sits on the floor during school, and then their response will be to demand even more of what they don't pay for, never once stopping to think about what they are doing, or if it is right or moral.  They are all 5 year old children. They want and they take. They aren't "trying to get along" because they have never once learned to feel empathy for others. They have no clue others are out there, and they certainly don't care what effects their actions may have on them.  No "Its for the Children!" a phase that has as much meaning to them as "I'd like to buy the  world a coke"  - its just said by rote- sheep bleating to other sheep - "Hey I am a sheep!" , "Hey, I am a Sheep too!", "I feel happy being together as sheep!", "So do I!"

If they actually cared about their children they would realize that all hope for a prosperous  future for their children is about to vanish. And they will cancel Music! And "Outdoor Lab!"  Its a good thing I wasn't there because I would have told them flat out - "You voted for Democrats, they over promised on pensions to teachers and you have no money because the retired teachers are still paid near a full salary and other benefits - for doing nothing.  You have condemned your children to grow up in a 3rd world country, where they will be lucking if they learn to read and write - much less get access to "outdoor labs" and Music lessons.  If you cared about your children at all you would have spent a minute and asked yourself how you can consume more than you produce without being a drain on everyone and everything around you. You worry about preserving the planet because it strokes your pathetic little egos, and you never once thought about preserving the system that brought peace and prosperity to America - and instead you vote to change it,  impoverish your children, and destroy their futures, because you are too selfish and too stupid to know there is no free lunch. "

MichelleO doesn't let me out much.

Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 15, 2012, 10:56:05 AM
Quote
MichelleO doesn't let me out much.

I can see why; you're just plain mean.

 ::)

We're dealing with the same thing here as far as school budgets.  The first thing cut is teachers -- no union -- never the many of the admin.  We've been living here and paying property taxes for almost twenty years and never had a child in the schools, but there is no time I've voiced a negative opinion of any or all of the issue that I haven't gotten a nasty lecture on the importance of "education".   ::SNORT::

I believe that's part of what's going on with your "Looter Mawms", Weisshaupt.  They've been thoroughly indoctrinated in the virtues of mo' mo' mo' money for "education" so dot-connection is far less important than appearing to be "for" the "right things".  What could be more important for the future of our country than proper education of its citizens.  Why, these children will grow up and become the doctors, lawyers, and indian chiefs on which YOU will depend.

Needless to say, as to the ones who do become productive members of society, even wealthy ones, the "Mawms" will be the first to decry their "greed".
Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 15, 2012, 11:44:55 AM
And while I'm on the subject, a pet peeve:

If I could, I would MAKE people stop calling mothers, "mawms".  "Mom" is what a kid calls his mother; why the HELL would a mother want to refer to herself as "a mom".  What the hell is a mom, anyway?  Say it often enough, mommommommommom, and it stops sounding like a real word, which it isn't anyhow; it's a slangy word that marginalizes and diminishes the meaning of Mother.

/rant off
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2012, 11:48:30 AM
Wow. Just finished reading some of the comments at that Zerohedge (http://www.zerohedge.com/news/greek-neo-nazi-manifesto) link Libertas. Talk about a bunch of anti-Semitic, hate-spewing jerks over there. That site seems to have it's fair share of them! Yikes!

The Comments at Zero-hedge are a huge snark-fest. They are often entertaining, and in some cases impart more information than the article itself.

The nice thing about Zero-hedge is that it does seem to attract all types.. and from all over the world- often giving you a much broader perspective on how events are being perceived in different places and cultures.  Antisemitism is common in Europe - thousands of years of  Jews being the more successful "other" have ensured that. That particular article brought out that characteristic more violently than I have seen it before.

You also have a large contingent of Ron Paulbots, Gold Bugs, Anti-Corporate OWS types, Alex Jones adherents and a bunch of people who like to push the buttons of the preceding groups.   

Yup.  And any news about ouor military actions or Israel (obviously) really brings out the Jew-haters too.  And there is quite a broad mix.  I like the economic & market views and if you cut through the unnecessary comments you can glean a good picture of what is going on.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 15, 2012, 11:58:49 AM
Quote
No, its deeper than that - these people derive their self-worth from believing as they believe. Their teachers made it clear to them that if you are a good person if you vote Democrat, and a bad person if you don't. They were never taught how to pay attention to the issues or how to think for themselves - they have an ingrained, Pavlovian response to politics - because the Democrats have been marketed to them since they were children. Unicorns and skittles have been associated with the Democrats and the Nazis and Hilter are the embodiment of the political right. They  don't think about it any more than they think about buying Coke vs. Pepsi, making that decision on who's ads make them feel best about themselves.
How to pursue and acquire knowledge is not being taught through the use of
critical thinking but taught as social interaction.  Knowledge is marketed as one
would market jeans which as much as we disparage group think that's what
marketing depends on and that's the way at least two generations have been
taught to analyze their world.  Critical analysis and logic befuddles them, they
perceive it as conjuring.  They are genuine bread and raised sheeple and we are
demons practicing black arts.


Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 15, 2012, 12:11:33 PM
Quote
"You voted for Democrats, they over promised on pensions to teachers and you have no money because the retired teachers are still paid near a full salary and other benefits - for doing nothing.

Are you referring to your school system specifically? 
Out here the teacher retirement system operates solely on monies withdrawn
from teachers while they were employed and it is invested/managed by the
teacher retirement system.  It requires no money from the tax payer and it's
in the black.  If the systems are managed well and do not promise more than
they are capable of producing they need not be a burden to anyone.

Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 15, 2012, 12:30:42 PM

Are you referring to your school system specifically?  


Yes.  (http://www.jeffcopublicschools.org/employment/benefits/index.html)

They are lumped into a big Public Worker Trust fund (URL Redacted/search/ci_18400597 (http://URL Redacted/search/ci_18400597)) Oh look its redacted! copy and paste /www.denverpost.com/search/ci_18400597. Geez, I wonder why that got taken down and made un-linkable?

 It will be fully funded in 30 years if we have 8% returns!  Yeah and they are raising the employer contribution every year for the next 5 years too! But don't worry ! its not a bail out! We are just requiring the state to contribute 15% of each teachers' salary to the fund, and upping that amount every year. (http://seekingalpha.com/article/219449-huge-battle-looms-over-public-pensions-who-will-who-should-foot-the-bill) I mean its not like taxpayers have to do that. Oh wait.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2012, 12:35:03 PM
8% returns!   ::hysterical::

15% + forced contributions!   ::mooning::   ::mooning::

FAIL!!!
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 15, 2012, 12:55:07 PM

As I understand it. Working teachers and I believe employees such as
maintenance etc. allow TRST to deduct a certain amount from each
paycheck, they do not pay SS.  TRST takes the money and invests it
and upon retirement the employee receives a predetermined monthly
sum.  If returns to TRST are more than anticipated the retiree may
receive a bonus.  TRST made a 23% from its investments this year
[edit - for the year 2011].

  
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 15, 2012, 03:07:26 PM
LINK (http://www.cnbc.com/id/47428134)

Quote
According to the transcript, Greek depositors recently withdrew 700 million euros from the nation's local banks, said President Karolos Papoulias, though the exact timing of the transfer was unclear.

Um - that looks suspiciously like a run on the Greek banks to me...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 15, 2012, 03:28:35 PM

As I understand it. Working teachers and I believe employees such as
maintenance etc. allow TRST to deduct a certain amount from each
paycheck, they do not pay SS.  TRST takes the money and invests it
and upon retirement the employee receives a predetermined monthly
sum.  If returns to TRST are more than anticipated the retiree may
receive a bonus.  TRST made a 23% from its investments this year
[edit - for the year 2011].

  

But how much were they down to begin with?
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 15, 2012, 04:06:43 PM

It has never been down, in as much as it's never been in a negative.

[edit]

Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 16, 2012, 07:45:56 AM
LINK (http://www.cnbc.com/id/47428134)

Quote
According to the transcript, Greek depositors recently withdrew 700 million euros from the nation's local banks, said President Karolos Papoulias, though the exact timing of the transfer was unclear.

Um - that looks suspiciously like a run on the Greek banks to me...

Ya Da!

Stocks faded in the final hour of trading Tuesday to finish lower following news that Greek depositors withdrew 700 million euros from the nation's banking system and after Greece's leaders failed to agree on a coalition government.  
http://www.cnbc.com/id/47428134 (http://www.cnbc.com/id/47428134)

But, all is well!  All is well!
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 16, 2012, 08:41:28 AM
Quite right Libertas.

And now it looks like Italy's doing the contagion hustle today. (http://www.telegraph.co.uk/finance/financialcrisis/9268330/Italys-banks-shaken-as-economic-slump-deepens.html)

Quote
As Greece erupts, Italy is moving into the eye of the storm. Its economy is contracting at speeds not seen since the depths of the slump in 2009 as draconian austerity bites, greatly increasing the risk of social revolt and a banking crisis.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 16, 2012, 09:46:39 AM
Quite right Libertas.

And now it looks like Italy's doing the contagion hustle today. (http://www.telegraph.co.uk/finance/financialcrisis/9268330/Italys-banks-shaken-as-economic-slump-deepens.html)

Quote
As Greece erupts, Italy is moving into the eye of the storm. Its economy is contracting at speeds not seen since the depths of the slump in 2009 as draconian austerity bites, greatly increasing the risk of social revolt and a banking crisis.

Thats amore Dean Martin (http://www.youtube.com/watch?v=aS6-b7CONDI#)

Or not!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 16, 2012, 09:48:49 AM
A change in the Greek 300?

http://www.zerohedge.com/news/greece-and-after#comment-2431356 (http://www.zerohedge.com/news/greece-and-after#comment-2431356)

Umm, what are anti-bailout far-leftists?  Isn't that one big fat freaking lie?!  They think they can spend without incurring debt?  What, they think they are Zimbabwe?

 ::facepalm::

Greece is completely hosed!

Flee now, while you can!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 16, 2012, 11:11:20 AM
Dollar only wins because the alternative is worse...   ::)

http://www.zerohedge.com/news/ecb-stops-policy-operations-some-greek-banks (http://www.zerohedge.com/news/ecb-stops-policy-operations-some-greek-banks)

That'll make our next round of QE an easier sell, just keep whuppin' the Euro!   ::saywhat::
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 16, 2012, 01:01:38 PM

I beginning to not understand this. 
Does that mean it's about over?
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 16, 2012, 03:40:15 PM

I beginning to not understand this. 
Does that mean it's about over?


 I just got off the phone with my money mangler and he's waiting for the crap to hit the Fan in EU and then he's going shopping. For him it's not if it's how soon and the combination if Greece and what happened in France and Spain has 50% unemployment with it's youth and 25% nationally and Italy is on the ropes he says the Euro might not collapse but it won't remain in its present form there will be countries that will be forced to get out after their bankruptcies.


 Here he's looking for one more spike down in interest rates and then it up up and way from there.
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on May 16, 2012, 03:47:40 PM

 I just got off the phone with my money mangler and he's waiting for the crap to hit the Fan in EU and then he's going shopping. For him it's not if it's how soon and the combination if Greece and what happened in France and Spain has 50% unemployment with it's youth and 25% nationally and Italy is on the ropes he says the Euro might not collapse but it won't remain in its present form there will be countries that will be forced to get out after their bankruptcies.

Going shopping for what?  Greek Islands?
The CDS exposure is huge. As the PIIGS  go the US and remaining countries are going to have to print like mad to keep banks solvent.  The counter party risks on these countries will sink everyone. There is a very large chance of a cascade failure here. They will either print to cover the losses or they will let them happen. Printing buys time, but makes the collapse worse when it hits.

Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 16, 2012, 05:10:16 PM

 I just got off the phone with my money mangler and he's waiting for the crap to hit the Fan in EU and then he's going shopping. For him it's not if it's how soon and the combination if Greece and what happened in France and Spain has 50% unemployment with it's youth and 25% nationally and Italy is on the ropes he says the Euro might not collapse but it won't remain in its present form there will be countries that will be forced to get out after their bankruptcies.

Going shopping for what?  Greek Islands?
The CDS exposure is huge. As the PIIGS  go the US and remaining countries are going to have to print like mad to keep banks solvent.  The counter party risks on these countries will sink everyone. There is a very large chance of a cascade failure here. They will either print to cover the losses or they will let them happen. Printing buys time, but makes the collapse worse when it hits.



 Whatever is out there that's a bargain.Panic as usual will have people selling anything and everything good or bad.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 17, 2012, 08:05:28 AM
They will print.  There are rumors swirling around that both the ECB and US will be unleashing QE3...so worse down the road is coming pretty quick!
Title: Re: Is the EU Going to Topple?
Post by: BMG on May 17, 2012, 09:32:58 AM
Yesterday there was a run on Greek banks to the tune of 850Million. Today it's being reported that over the last week there has been a run on the newly nationalized bank of Spain (bankia) to the tune of 1Billion. Once this starts I don't see how it stops. Of course I'm not some super savvy economics egghead here, but it's looking to me like the EU's gonna crash very soon.

LINK (http://www.ft.com/cms/s/0/187a0562-a00a-11e1-90f3-00144feabdc0.html)

Quote
Shares in Bankia, the Spanish bank that was part-nationalised last week, plunged by more than a quarter on Thursday morning, after a report that customers had withdrawn €1bn from the bank over the past week.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 23, 2012, 12:26:14 PM
Can you locate a good path, a clean exit?  Heck, missing a few other paths in there maybe, like military coup...civil war...

(http://i585.photobucket.com/albums/ss291/libertasinfinitio/Misc/EuroBreakdown.jpg)

H/T ZH - http://www.zerohedge.com/news/flowcharting-eurocalypse (http://www.zerohedge.com/news/flowcharting-eurocalypse)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 29, 2012, 02:19:17 PM
Plan G, G for Germany, G for Gold...grab zee gold!

http://www.zerohedge.com/news/germany-has-generous-proposal-broke-piigs-cash-gold (http://www.zerohedge.com/news/germany-has-generous-proposal-broke-piigs-cash-gold)

And the prospect of having gold seized is not going over well for the other PIIGS as you can imagine!

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/PIIGS.jpg)

PS - Liberty 33 refers of course to NY Fed!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 31, 2012, 07:06:08 AM
Flocking to the dollar & yen, not because they are necessarily "better", only because others are so much more worse...

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1 (http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on May 31, 2012, 10:22:04 AM

Amazing and clicking weekly looks worse.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 31, 2012, 11:50:30 AM
Yup, probably continue a while longer, then Bendover Benny will print like a demon on holiday and we can enjoy some temporary hopium before our floor drops beneath us...
Title: Re: Is the EU Going to Topple?
Post by: BMG on June 03, 2012, 08:06:12 PM
LINK (http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9309669/The-week-that-Europe-stopped-pretending.html)

Quote
The euro has essentially broken down as a viable economic and political undertaking. The latest rush of events reeks of impending denouement.

Quote
"Let’s not delude ourselves: If the euro falls apart, so will the European Union, triggering a global economic crisis on a scale that most people alive today have never experienced," he said.

Quote
Germany can break the logjam at any time by agreeing to fiscal union, debt-pooling and full mobilization of the ECB, with all that this implies for its democracy. The answer from Chancellor Angela Merkel over the weekend was "under no circumstances". In that case, prepare for the consequences.
 
Title: Re: Is the EU Going to Topple?
Post by: trapeze on June 03, 2012, 09:03:08 PM
As I have said somewhere else (probably on this thread), wars have been started over issues such as these.

I sure wish that we didn't suck as a country right now.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 03, 2012, 09:52:18 PM
Yeah, what are the odds that things don't unravel until we can get a new Admin?

 ::facepalm::
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on June 04, 2012, 12:29:53 AM


Quote
Quote
Germany can break the logjam at any time by agreeing to fiscal union, debt-pooling and full mobilization of the ECB, with all that this implies for its democracy. The answer from Chancellor Angela Merkel over the weekend was "under no circumstances". In that case, prepare for the consequences.

SSDD,  it's the rich,  it's GWB,  it's Germany,  yeah, it's their fault.  They are dependable, they are predictable, they played by the rules and didn't squander themselves, it's their fault let's get them.  It's 1939 same song but Germany has not much military and glad Vlad, I must believe, is sitting in the wings waiting for Europe to feast upon itself.  Personally, I hope Germany, Poland and the eastern democracies are having meetings and making private treaties.

 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 04, 2012, 07:19:57 AM
The time has arrived where the leftists are running out of they/them to blame...

We are entering the phase where reality is not optional...and where the desperate get really nucking futs!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 11, 2012, 07:32:07 AM
This is good - "doomed to fail"!

http://www.zerohedge.com/news/farage-spanish-bailout-reinforcement-failure (http://www.zerohedge.com/news/farage-spanish-bailout-reinforcement-failure)

Yup.  But stupidity marches on!

http://www.zerohedge.com/news/newedge-spanish-people-may-regret-bailout (http://www.zerohedge.com/news/newedge-spanish-people-may-regret-bailout)

On your knees, Spanish dog!

Yeah, this will end well!

 ::)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on June 11, 2012, 09:59:23 AM

                 or

We are not Uganda.

Of course not, it wasn't their bonds Nigeria dumped.

 ::rolllaughing::
Title: Re: Is the EU Going to Topple?
Post by: robins111 on June 11, 2012, 12:46:09 PM
Someone should start a pool like a football pool, based on the date the Euro-trash bite the dust...   I don't give them the end of august..  so my pick is Aug. 31.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 11, 2012, 01:00:05 PM
I'll take the cycnical view it won't happen until Romney takes office, could be 1-21-13 for all I know and before Mitt could be unpacked the Democrat-Media Complex will nail him with the blame....
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 12, 2012, 07:08:50 AM
ZeroHedge has a couple good posts on Euro crisis"

1)  Great pic on Spanish Bailout -

http://www.zerohedge.com/news/spanish-bailout-explained-one-image (http://www.zerohedge.com/news/spanish-bailout-explained-one-image)

Pretty much covers that!

2)  Next, looks like France is on the clock.

http://www.zerohedge.com/news/credit-suisse-explains-real-issue-and-why-there-two-months-tops-until-france-bulls-eye (http://www.zerohedge.com/news/credit-suisse-explains-real-issue-and-why-there-two-months-tops-until-france-bulls-eye)

Not surprising given recent political change in France, IMF & Soros putting the date-certain hex on the Euro et al.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 13, 2012, 06:55:13 AM
ZeroHedge article says Germany pulled back the punch bowl, not sure whizzing in it isn't a better idea...


•Schaeuble Rejects European Redemption Fund: Stern Magazine
•German finance minister says redemption fund would violate EU treaties, in interview with Stern magazine

So contrary to the ridiculous hopes floated yesterday, and the even more ridiculous market levitation in response, there will be no banking union, no deposit guarantee, and no redemption fund. Well, there will be: on either of two conditions. European countries give up their sovereignty, which will likely never happen - this is, after all Europe - or it may if the respective local stock market are trading just north of zero, or if the bailout targets pledge their gold as decribed before.

http://www.zerohedge.com/news/germany-pulls-punchbowl-usual (http://www.zerohedge.com/news/germany-pulls-punchbowl-usual)

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 14, 2012, 08:02:18 AM
A bit o/t but funny...the ZH "not" game initiated at Europe's expense.  Obviously it has grown beyond that constraint in the comments.  Some are damned funny though!

http://www.zerohedge.com/news/definitive-lesson-new-normal-european-geography (http://www.zerohedge.com/news/definitive-lesson-new-normal-european-geography)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 25, 2012, 08:13:33 AM
"We need more and not less Europe."

http://www.zerohedge.com/news/sch%C3%A4uble-german-endgame-plans-cant-lets-european-crisis-go-waste (http://www.zerohedge.com/news/sch%C3%A4uble-german-endgame-plans-cant-lets-european-crisis-go-waste)

 ::facepalm::

But saying "no" to Kabuki, that I can get behind!

http://www.zerohedge.com/news/merkel-crushes-hopes-german-funded-pan-european-socialism-once-again#comment-2557430 (http://www.zerohedge.com/news/merkel-crushes-hopes-german-funded-pan-european-socialism-once-again#comment-2557430)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 25, 2012, 11:41:32 AM
New Greek finance minister didn't last too long!

I am outta here! (http://www.zerohedge.com/news/greek-finance-minister-resigns-just-days-after-appointment-cyprus-officially-requests-bailout)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on July 09, 2012, 01:43:15 PM

... UKIP's Nigel Farage discussed the sad reality of Europe's inevitable demise with the reigning US chief of non-hype Rick Santelli ...

http://video.cnbc.com/gallery/?video=3000100509 (http://video.cnbc.com/gallery/?video=3000100509)

Herrrrrrr's Nigel:
Quote
http://www.youtube.com/watch?v=lYoh7XhYe1k


HT: http://www.zerohedge.com/news/perfect-storm-santelli-meets-farage (http://www.zerohedge.com/news/perfect-storm-santelli-meets-farage)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 09, 2012, 07:38:37 PM
Santelli tells it like it is, it is so refreshing to hear truth and not have to vomit after hearing someone speak or write about this stuff.
Title: Re: Is the EU Going to Topple?
Post by: BMG on July 12, 2012, 09:34:26 AM
LINK (http://www.cnbc.com/id/48144383)

Quote
Prime Minister Mariano Rajoy announced a swathe of new taxes and spending cuts on Wednesday designed to slash 65 billion euros from the budget deficit by 2014 as recession-plagued Spain struggles to meet tough targets agreed with Europe.

Rajoy, of the center-right People's Party, proposed a 3-point hike in the main rate of Value Added Tax on goods and services to 21 percent, and outlined cuts in unemployment [cnbc explains] benefit and civil service pay and perks in a parliamentary speech interrupted by jeers and boos from the opposition.

Tax & spend, tax & spend...

Leftism destroys all it touches.

Leftism: Creating slavery, poverty, failure and death since it's inception and still the foolish blindly follow. Idiots. All of them.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 12, 2012, 08:04:01 PM
Yup, witness how even the most modest of proposals to reign in socialism is met with anger.  These fools would rather destroy all than lose one damn freebie.

The fools hold sway and destruction will come.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on July 15, 2012, 09:43:13 PM

This (http://www.dailymail.co.uk/news/article-2173848/French-demand-Crown-Jewels-Queen-1499-murder-Edward-Plantagenet.html) ought to help keep the Euro together.
 ...
A French city which produced 14 English kings is demanding the Crown Jewels as compensation from the Queen for the murder of its last pretender to the throne.
...
*513 years' worth of compensation.
*billions in today's currency

Oh, those Frenchmen, they are so funny.
                                                          ::rolllaughing::

Title: Re: Is the EU Going to Topple?
Post by: John Florida on July 15, 2012, 10:11:14 PM

This (http://www.dailymail.co.uk/news/article-2173848/French-demand-Crown-Jewels-Queen-1499-murder-Edward-Plantagenet.html) ought to help keep the Euro together.
 ...
A French city which produced 14 English kings is demanding the Crown Jewels as compensation from the Queen for the murder of its last pretender to the throne.
...
*513 years' worth of compensation.
*billions in today's currency

Oh, those Frenchmen, they are so funny.
                                                          ::rolllaughing::



 More retarted than funny.
Title: Re: Is the EU Going to Topple?
Post by: trapeze on July 15, 2012, 11:03:12 PM
Perhaps the English should demand compensation for Princess Diana getting offed in Paris. That seems like the better of far fetched lawsuits.
Title: Re: Is the EU Going to Topple?
Post by: BMG on July 23, 2012, 07:06:06 PM
Moody's Cuts Outlook on Germany, the Netherlands and Luxembourg (http://www.cnbc.com/id/48292099)

Quote
Moody's Investors Service on Monday changed its outlook for top-rated Germany, the Netherlands and Luxembourg to negative from stable, warning that they may have to increase support for indebted euro zone states such as Spain and Italy.

Moody's also cited an increased chance of Greece leaving the euro zone, which "would set off a chain of financial sector shocks ... that policymakers could only contain at a very high cost."
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on July 23, 2012, 07:22:11 PM

Quote
Quote
Moody's Investors Service on Monday changed its outlook for top-rated Germany, the Netherlands and Luxembourg to negative from stable, warning that they may have to increase support for indebted euro zone states such as Spain and Italy.

That sounds like a desperate threat.  Does Obama own Moody's?
Hey, you rich country's should share your wealth.

Merkel, tell them to suck wind.




Title: Re: Is the EU Going to Topple?
Post by: Glock32 on July 23, 2012, 07:22:19 PM
Perhaps the English should demand compensation for Princess Diana getting offed in Paris. That seems like the better of far fetched lawsuits.

Or how about the British present them a bill for all the British servicemen who are lying in some anonymous grave in France, so that they can continue to have the freedom to be haughty, obnoxious pricks?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 25, 2012, 07:18:52 AM
UK GDP going in the crapper...

http://www.zerohedge.com/news/british-double-dip-accelerates-following-terrible-gdp-data (http://www.zerohedge.com/news/british-double-dip-accelerates-following-terrible-gdp-data)

OK, sing it with me!

Everybody's printing now
Come on get those presses churning now
Go on a money-printing spree with me!

Louder!

/

 ::facepalm::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 26, 2012, 11:27:33 AM
More good news for the UK - recession to depression...

http://www.zerohedge.com/news/forget-double-dip-uk-now-depression (http://www.zerohedge.com/news/forget-double-dip-uk-now-depression)

I'm sure the Olympic games will give them the boost stab in the back they don't need!

 ::unknowncomic::
Title: Re: Is the EU Going to Topple?
Post by: Sectionhand on July 27, 2012, 05:40:40 AM
With my 20/20 hindsight in focus , I well remember telling anyone in 1993 who would listen that the new EU would end in disaster ... that " Those a**holes haven't been able to agree on a damned thing in a thousand years . Why should we expect them to start now ? "
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 27, 2012, 06:49:20 AM
With my 20/20 hindsight in focus , I well remember telling anyone in 1993 who would listen that the new EU would end in disaster ... that " Those a**holes haven't been able to agree on a damned thing in a thousand years . Why should we expect them to start now ? "

Yes, not quite as bad as expecting Jews and Jihadis to get along like best buds, but not far off.  The main point I had at the get go was once they formed economic union and a common currency the thought that they would be the "United States of Europe" was a pipe-dream.  The comparison to us fails to account historical differences on the origins and traditions of our people as well as a naive beleif that they would operate harmoniously together.  The many socialized states comprising the majority of the nations is now providing much of the economic woes they now face.  One needs to only look to the former Soviet satellite states...they stayed independent and only form loose associations with those they want to engage, since they suffered under socialism so long before they had little desire to join the new entity and suffer a second bout of insanity.  Europe tends to only think and act as one mind when a King or Dictator controls them all.  They better be careful what they wish for, they might just get it...and then they'll regret it and this time they'll be lucky to survive the mistake.  I doubt many would rush to their aid if chaos broke out in full.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 27, 2012, 06:59:26 AM
This is a pretty pic...

http://www.zerohedge.com/news/europes-broken-transmission-channels (http://www.zerohedge.com/news/europes-broken-transmission-channels)

Hilarious that their best option seems to be letting risk rise while pimping for more private sector action...

Really, the Europeans are nuts...but who isn't in the ranks of PTBs world wide?!   ::)

And still, the only voice of reason is Germany...

http://www.zerohedge.com/news/europe-desperately-attempts-talk-down-bond-yields-further-bundesbank-finally-says-nein (http://www.zerohedge.com/news/europe-desperately-attempts-talk-down-bond-yields-further-bundesbank-finally-says-nein)

Saying "no" to spoiled brats and incompetent parents.   ::thumbsup::

And this is hilarious!

•HOLLANDE-MERKEL TO SPEAK BY PHONE AT 1 PM ON HELP: LE MONDE
•STREITER SAYS `DOESN'T KNOW' ABOUT MERKEL-HOLLANDE CALL

 ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on July 27, 2012, 12:23:10 PM
...

•HOLLANDE-MERKEL TO SPEAK BY PHONE AT 1 PM ON HELP: LE MONDE
•STREITER SAYS `DOESN'T KNOW' ABOUT MERKEL-HOLLANDE CALL

 ::hysterical::


(http://jasonjeffrey.files.wordpress.com/2011/04/183771d1291976733-lustige-bilder-videos-fotos-witze-angela-merkel.jpg)

Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 27, 2012, 02:37:05 PM
Saw Hollande in the buff?

 ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 31, 2012, 11:19:58 AM
I still say there is no way the Europeans will keep this kabuki going much longer...if distresses states cannot stomach mild austerity how in the hell will the EU survive?  Politicians are rewarded for lavishing gifts, not restraining spending...it's ridiculous to think these clowns can keep a lid on things.

http://www.telegraph.co.uk/finance/financialcrisis/9440579/Eurozone-unemployment-hits-record-high-while-Mario-Monti-sees-light-at-the-end-of-tunnel.html (http://www.telegraph.co.uk/finance/financialcrisis/9440579/Eurozone-unemployment-hits-record-high-while-Mario-Monti-sees-light-at-the-end-of-tunnel.html)

Title: Re: Is the EU Going to Topple?
Post by: Glock32 on July 31, 2012, 11:28:10 AM
Complete breakdown of the existing order is the best option for the Western world. I still don't believe the majority of ordinary people in the West actually support the rapid colonization of their homelands by savages from the Third World, or any of the other treacheries committed against them by the current oligarchs. The combination of statist oppression and normalcy bias is what keeps them from being more vocal about how much they don't want it.

It all needs a good purifying. It could, of course, go all wrong and end up destroying what's left, but that is going to come anyway if we continue down the current path.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 31, 2012, 11:38:08 AM
Can't get the impurities out of steel without some heat and hammering.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on August 07, 2012, 07:02:04 AM
OK Italy, keep the gloves up!

http://www.zerohedge.com/news/quarto-reich-italy-goes-there-again (http://www.zerohedge.com/news/quarto-reich-italy-goes-there-again)

I guess the Italians figure that'll distract people away from their imploding economy...but...they ought to be concerned about daring the Germans...perhaps they ought to not poke the wolf in the eye...just a thought...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on August 08, 2012, 07:07:24 AM
Mass exodus of the top of France's productive class in 3...2...1...

http://www.nytimes.com/2012/08/08/business/global/frances-les-riches-vow-to-leave-if-75-tax-rate-is-passed.html?_r=2&hpw (http://www.nytimes.com/2012/08/08/business/global/frances-les-riches-vow-to-leave-if-75-tax-rate-is-passed.html?_r=2&hpw)
Title: Re: Is the EU Going to Topple?
Post by: BMG on August 14, 2012, 12:39:17 PM
LINK (http://www.spiegel.de/international/business/investors-preparing-for-collapse-of-the-euro-a-849747.html)

Quote
Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar's structure isn't in doubt.
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on August 14, 2012, 08:28:50 PM

Yeah, last week Italy said it would be Germany's
fault, because they refused them more money to
spend, if they failed.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on August 15, 2012, 06:46:07 AM
Yeah, and crack-dealers are to blame for crackheads not getting the crack they need despite no banks and convenience stores left in the hood to rob...I guess we just need more philanthropic crack-dealers and all will be well...

 ::facepalm::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on August 17, 2012, 02:40:51 PM
If people are starting to think it is a possibilty, then you know the possibility is growing...

http://www.telegraph.co.uk/finance/financialcrisis/9480990/Finland-prepares-for-break-up-of-eurozone.html (http://www.telegraph.co.uk/finance/financialcrisis/9480990/Finland-prepares-for-break-up-of-eurozone.html)
Title: Re: Is the EU Going to Topple?
Post by: BMG on September 03, 2012, 07:51:22 AM
LINK (http://www.nytimes.com/2012/09/03/business/economy/us-companies-prepare-in-case-greece-exits-euro.html?_r=2)

Quote
Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could soon be forced to leave the euro zone.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 03, 2012, 07:03:39 PM
Follow the script, it'll repeat often.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 11, 2012, 07:07:50 AM
I don't know if the German justice system will see things the way Peter Gauweiler sees it, but he is voicing valid concerns over the EU creating its own unlimited financial behemoth running amok outside of political control...much like the Fed/Treasury "merger" in the US back in the 50's...

He'll probably lose in the end, going up against the system is a lot tougher than it used to be...and the EU will have its avenue to hell paved in freshly printed Euro notes...

Oh well...

http://www.spiegel.de/international/germany/german-politician-files-court-challenge-against-ecb-plans-to-buy-bonds-a-854924.html (http://www.spiegel.de/international/germany/german-politician-files-court-challenge-against-ecb-plans-to-buy-bonds-a-854924.html)
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on September 13, 2012, 06:26:12 PM


Nigel Farage destroys Barroso's State of the Union (http://www.youtube.com/watch?v=Vms_vd_yWgY#ws)

Title: Re: Is the EU Going to Topple?
Post by: John Florida on September 13, 2012, 07:55:09 PM
  He can talk till he's blue in the face.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 11, 2012, 06:32:14 PM
Mini-Galt: "Greece's biggest company is leaving the country, drinks bottler Coca Cola Hellenic (CCH) said on Thursday in announcing it will move to Switzerland and list its shares in London, dealing a blow to the debt-crippled Greek economy."

http://www.cnbc.com/id/49371256 (http://www.cnbc.com/id/49371256)

Next!
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 11, 2012, 07:04:27 PM
Mini-Galt: "Greece's biggest company is leaving the country, drinks bottler Coca Cola Hellenic (CCH) said on Thursday in announcing it will move to Switzerland and list its shares in London, dealing a blow to the debt-crippled Greek economy."

http://www.cnbc.com/id/49371256 (http://www.cnbc.com/id/49371256)

Next!


  Smart move!!Let it burn.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 12, 2012, 06:49:45 AM
I'm sure this will help.

/

http://itsaboutliberty.com/index.php/topic,6943.new.html#new (http://itsaboutliberty.com/index.php/topic,6943.new.html#new)

 ::laughonfloor::
Title: Re: Is the EU Going to Topple?
Post by: charlesoakwood on October 12, 2012, 11:23:34 AM

They could take that tin cup or whatever it is and pawn it. 
They should have taken Merkel's advice: cut entitlement
spending, go to work, and sell some islands to pay your debt.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 26, 2012, 11:12:18 AM
Some get it...too many don't...

http://www.theblaze.com/stories/i-genuinely-believe-this-is-a-marxist-revolution-british-lawmakers-revolt-against-e-u-and-how-it-relates-to-us/ (http://www.theblaze.com/stories/i-genuinely-believe-this-is-a-marxist-revolution-british-lawmakers-revolt-against-e-u-and-how-it-relates-to-us/)

We're not the only people who feel like they are screaming into a hurricane!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2013, 07:23:08 AM
Oh oh!  If Germany is starting to slip this could really exacerbate things in the EU!

http://www.guardian.co.uk/business/2013/feb/14/eurozone-crisis-live-recession-germany (http://www.guardian.co.uk/business/2013/feb/14/eurozone-crisis-live-recession-germany)
Title: Re: Is the EU Going to Topple?
Post by: pisskop on February 14, 2013, 09:28:47 AM
Germany, IMO, would be better off using its own currency.  Get out of the EU, take the short term loss, and then build up for the firestorm.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2013, 11:36:40 AM
Agreed, but they seem more determined to rule over a weak EU than a strong Germany.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on February 14, 2013, 12:27:11 PM
Agreed, but they seem more determined to rule over a weak EU than a strong Germany.

IIRC, this was the original French complaint/fear.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 14, 2013, 01:24:37 PM
Agreed, but they seem more determined to rule over a weak EU than a strong Germany.

IIRC, this was the original French complaint/fear.

Yes, remember all the Franco-Kraut hand-holding and kissy-kissy at the start of this dance?

 ::puke::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 04, 2013, 07:35:16 AM
ZH is big on the youth unemployment numbers in Europe, and there is a valid point that that many angry youths with no prospects roaming the streets cannot be a good thing...but then again go full-retard with socialism isn't a good thing either, so...ya get what ya get!

http://www.zerohedge.com/news/2013-06-03/18-signs-massive-economic-problems-are-erupting-everywhere (http://www.zerohedge.com/news/2013-06-03/18-signs-massive-economic-problems-are-erupting-everywhere)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 09, 2013, 09:48:26 AM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.
Title: Re: Is the EU Going to Topple?
Post by: benb61 on November 13, 2013, 10:17:22 AM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 13, 2013, 11:46:46 AM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!

Yeah, one is coming sooner or later, damn them.
Title: Re: Is the EU Going to Topple?
Post by: oldcoastie6468 on November 13, 2013, 04:17:56 PM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!

Yeah, one is coming sooner or later, damn them.

I hope it's sooner. Let's get this sh*t over with so we can get on with our lives.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 14, 2013, 07:28:27 AM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!

Yeah, one is coming sooner or later, damn them.

I hope it's sooner. Let's get this sh*t over with so we can get on with our lives.

You not gettin' any younger either, eh?

What will be will be.
Title: Re: Is the EU Going to Topple?
Post by: OldSailor on November 23, 2013, 12:14:32 PM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!

Yeah, one is coming sooner or later, damn them.

I hope it's sooner. Let's get this sh*t over with so we can get on with our lives.

You not gettin' any younger either, eh?


Who is?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 25, 2013, 07:48:45 AM
Kinda piggybacks on the previous post...

...all them youths have to find a voice somewhere...

http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp (http://www.nytimes.com/2013/11/09/world/europe/right-wings-surge-in-europe-has-the-establishment-rattled.html?hp)

...once you deny someone their voice and marginalize and demonize them, it tends to have a tempering effect...and you'll get something far worse than what you tried to stamp out previously.

Yeah, here in the States they are going to get a WAR!!

Yeah, one is coming sooner or later, damn them.

I hope it's sooner. Let's get this sh*t over with so we can get on with our lives.

You not gettin' any younger either, eh?


Who is?

My father...behaviorly...something I can look forward too I reckon...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 26, 2013, 07:53:51 AM
You things are bad when people purposely infect themselves with HIV in order to get government benefits.

http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/ (http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/)

This is beyond desperate, this is full-blown insane!
Title: Re: Is the EU Going to Topple?
Post by: benb61 on November 26, 2013, 09:43:08 AM
You things are bad when people purposely infect themselves with HIV in order to get government benefits.

http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/ (http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/)

This is beyond desperate, this is full-blown insane!

Aren't all (well most) cases of HIV/AIDS self inflicted? I would think the only ones not are people who got bad blood transfusions or being born to a mother with it, otherwise self inflicted.  IV Drug use, homo sex, what else is there.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 26, 2013, 11:41:27 AM
You things are bad when people purposely infect themselves with HIV in order to get government benefits.

http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/ (http://dailycaller.com/2013/11/25/report-half-of-new-hiv-cases-in-greece-from-2009-2011-self-inflicted-to-get-benefits/)

This is beyond desperate, this is full-blown insane!

Aren't all (well most) cases of HIV/AIDS self inflicted? I would think the only ones not are people who got bad blood transfusions or being born to a mother with it, otherwise self inflicted.  IV Drug use, homo sex, what else is there.

Yeah, but far as I know getting it on purpose for bennies is something new...   ::unknowncomic::
Title: Re: Is the EU Going to Topple?
Post by: ChrstnHsbndFthr on November 27, 2013, 09:09:03 AM
I heard they walked this back, now claiming it was based on only a few.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 17, 2014, 11:57:10 AM
More on Greece - 2/3rds of wages are BARTER (http://www.zerohedge.com/news/2014-06-17/greece-goes-medieval-23rds-wages-paid-barter)

Wow.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 27, 2014, 09:09:04 AM
Jeesh, what an interregnum between posts on this thread!

Well, that is over...the slow steady erosion of banks continue, and in the EU it is the usual suspects...

http://www.zerohedge.com/news/2014-10-27/when-stress-tests-fail-italian-banks-are-collapsing (http://www.zerohedge.com/news/2014-10-27/when-stress-tests-fail-italian-banks-are-collapsing)

There are stress tests failures aplenty, opn both sides of the pond, and the funnier thing is these tests themselves are watered down, so, things could be worse...

But hey, the old "everybody bail everybody else off" shell game is a classic, let's do that again!  Just create more fiat, we are in a deflationary funk dontchyaknow.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 30, 2014, 06:38:26 AM
Well, OK then!

http://www.theguardian.com/world/2014/dec/29/syriza-leading-polls-future-begun-alexis-tsipras-greece (http://www.theguardian.com/world/2014/dec/29/syriza-leading-polls-future-begun-alexis-tsipras-greece)

Maybe this will kick-start the EU collapse, sure would make the Rooskies happy...but right now America is Russia's number one enemy, thanks to Vlad the Nation-Inhaler's recycling of KGB-era anti-Americanism (http://itsaboutliberty.com/index.php?topic=9929.msg139552#msg139552), but a EU in crisis would be fine sport for the mongrels in Moscow.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 16, 2015, 08:00:49 AM
OK, first it was the Swiss breaking away from the Euro (http://www.zerohedge.com/news/2015-01-15/peter-schiff-swiss-surrender-wins-currency-war) (so far that is working for the Swiss and not so well for the Euro, and this Jim Grant fella called it back in September (http://www.zerohedge.com/news/2015-01-15/blast-recent-past-jim-grant-nails-snb-decision), and now we have the ELA (Emergency Liquidation Assistance) activating in Greece because Greeks are pulling fiat out (http://www.zerohedge.com/news/2015-01-15/greek-bank-runs-have-begun-two-greek-banks-request-emergency-liquidity-assistance) and the Greeks are running out of collateral (actually I am surprised they have any left, must be land, eh?) and this will only strain the Euro and the ECB and weaken the EU as a whole at a time when NATO seems to be increasingly impotent to handle much of anything.

To that latter point, this excerpt from the comments made by Estonian President Toomas Hendrik Ilves is interesting in a historical context -

I'll tell you something: May 8, 1945, the definitive answer to annex other territories because of the minority living there. Germany must understand Russia - this is a thought of blood and soil for us.

Q: Do you feel like an outsider in the Western Alliance?

Ilves: No, but we feel vindicated. For 20 years, us Eastern Europeans have been told to calm down, that Russia is a normal country. And now they see that we were right.
http://www.zerohedge.com/news/2015-01-15/putin-destroyed-new-world-order-according-estonias-president-ilves (http://www.zerohedge.com/news/2015-01-15/putin-destroyed-new-world-order-according-estonias-president-ilves)

I share his angst.  It wasn't me or people like me.  It is born of a refusal in the US by too many people to build upon the strength Reagan gave us and continue in that "trust but verify" mode and it started with Bush I and morphed into willfully blind naivitee under Clinton, and then into the surreal trust Bush II had in Vlad to the America in appeasement mode under Obama.  And in Europe the Russian issue has been  plagued by the same bug since the advent of the Czars - Russia is not quite European and has no history of unauthoritarian self rule and it is further complicated by recent wars of aggression each blames the other for and the old hatreds and resentments (while still present) have been dying off and the near perpetual dominance of left of center political rule has given rise to an environment of accomodation that the Russians have exploited and which now is playing itself out across the continent in economic conflicts, diplomatic sparring, military flexing and in the case of Ukraine direct military invasion and seizure of territory.

Europe is in flux, and instead of caught in it we should be looking to get out of it.  It is too late to partner up because it will never be all-in for either party, and half-assed will get you just as dead.

We should sit out the third war brewing there...but I doubt we will.

An economic wipeout might be the only thing keeping us out.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 26, 2015, 08:14:55 AM
Yeah.

http://www.zerohedge.com/news/2015-01-25/greeces-new-finmin-warns-we-are-going-destroy-greek-oligarchy-system (http://www.zerohedge.com/news/2015-01-25/greeces-new-finmin-warns-we-are-going-destroy-greek-oligarchy-system)

Good luck with that.  Leftists fighting Leftists.

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 02, 2015, 07:30:19 AM
http://www.zerohedge.com/news/2015-02-01/tide-turning-obama-expresses-sympathy-greece-lazard-says-50-greek-haircut-reasonable (http://www.zerohedge.com/news/2015-02-01/tide-turning-obama-expresses-sympathy-greece-lazard-says-50-greek-haircut-reasonable)

Duh Stupid Wun sympathizes with Greece (naturally) and talks about "needing growth"!   ::hysterical::

The only things Obama can grow are: Government, deficits, and resentment!

And if the 50% haricut is in the offing, well, that should set off a nice stampede...

Maybe the EU can call on Pete Carroll for advice on their next move?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 17, 2015, 06:55:45 AM
http://www.telegraph.co.uk/finance/economics/11416209/Germany-warns-there-are-no-options-as-time-runs-out-on-eurozone-talks-with-Greece.html (http://www.telegraph.co.uk/finance/economics/11416209/Germany-warns-there-are-no-options-as-time-runs-out-on-eurozone-talks-with-Greece.html)

Greece says stick your austerity.

The game is still a 0-0 tie.

(http://i585.photobucket.com/albums/ss291/libertasinfinitio/Warnings/catssd1.gif)

ETA - Calls for capital controls.

http://www.zerohedge.com/news/2015-02-16/hans-werner-sinn-impose-capital-controls-greece-now-avoid-another-cyprus (http://www.zerohedge.com/news/2015-02-16/hans-werner-sinn-impose-capital-controls-greece-now-avoid-another-cyprus)

Yeah, uhh huh.

Only one thing is certain - failure.  The EU fails, Greece fails, both fail...or they agree to decide who all fails at a later date...

 ::unknowncomic::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 20, 2015, 06:44:16 AM
OK, now this pic is hilarious!

(http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/02/20150219_holiday1.jpg)

 ::hysterical::

Suck what you can out!

http://www.zerohedge.com/news/2015-02-19/greek-deposit-run-accelerates-ahead-mondays-bank-holiday (http://www.zerohedge.com/news/2015-02-19/greek-deposit-run-accelerates-ahead-mondays-bank-holiday)

There will have to be a transfer period from the Euro where you can still spend that crap...

The Germans appear willing to call Greece's bluff...basically saying "goodbye" to them (http://www.zerohedge.com/news/2015-02-20/german-led-block-willing-let-greece-leave-euro-ecb-preapres-grexit).  So now we will see if the Greeks call the German bluff.

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 05, 2015, 10:06:03 AM
ECB to launch 1 trillion euro bond buying scheme on March 9 (http://finance.yahoo.com/news/ecb-launch-1-trillion-euro-134014768.html?l=1)

 ::popcorn::

 ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 24, 2015, 12:22:11 PM
(http://i585.photobucket.com/albums/ss291/libertasinfinitio/AntiLeftist/george_soros-prince.jpg)

Darth Soros, Dark Prince of the Sith - The chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain,”

http://www.zerohedge.com/news/2015-03-24/george-soros-warns-greece-going-down-drain (http://www.zerohedge.com/news/2015-03-24/george-soros-warns-greece-going-down-drain)

Well, nobody knows evil and making things go down drains like the Dark Prince...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 01, 2015, 07:46:39 AM
Heh.  Greece threatens to go to Bitcoin!

http://www.zerohedge.com/news/2015-04-01/greek-finmin-greece-will-adopt-bitcoin-if-eurogroup-doesnt-give-us-deal (http://www.zerohedge.com/news/2015-04-01/greek-finmin-greece-will-adopt-bitcoin-if-eurogroup-doesnt-give-us-deal)

Has to be an April Fool's joke, right?   I mean why would Bitcoin want them?  And how the heck is this going to resolve past debt obligations or spawn new generation?  It won't!

This I think is a load of Obama...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on April 01, 2015, 08:17:54 AM
Has to be an April Fool's joke, right?   I mean why would Bitcoin want them?  And how the heck is this going to resolve past debt obligations or spawn new generation?  It won't!

Actually this is one of the smarter ideas I have heard.  Bitcoin doesn't have to want them.. and they can't deny them either.  ANYONE can mine bitcoin.
If the Greece put state resources behind mining bitcoin it would give the currency a bit of needed offical backing, and the govt could no longer cheat and just print it.. and state resources would probably allow Greece to become the premier bitcoin trading house if they wanted to be..

There are actually a lot of possibilities with this..
 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 01, 2015, 08:38:54 AM
Has to be an April Fool's joke, right?   I mean why would Bitcoin want them?  And how the heck is this going to resolve past debt obligations or spawn new generation?  It won't!

Actually this is one of the smarter ideas I have heard.  Bitcoin doesn't have to want them.. and they can't deny them either.  ANYONE can mine bitcoin.
If the Greece put state resources behind mining bitcoin it would give the currency a bit of needed offical backing, and the govt could no longer cheat and just print it.. and state resources would probably allow Greece to become the premier bitcoin trading house if they wanted to be..

There are actually a lot of possibilities with this..

From a medium of exchange point of view, perhaps, even then though it will make interstate/global commerce problematic and the Euro's for sure will boycott business with Greece and discourage others from trading with them.

And it does nothing to solve their debt issues...unless they are prepared to fully go it alone and tell creditors to bugger off and operate without debt financing.

Frankly I don't think they can survive that way...

This is country has always been socialist and has always robbed Petros to pay Paulos after all...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on April 01, 2015, 10:19:56 AM

From a medium of exchange point of view, perhaps, even then though it will make interstate/global commerce problematic and the Euro's for sure will boycott business with Greece and discourage others from trading with them.

And it does nothing to solve their debt issues...unless they are prepared to fully go it alone and tell creditors to bugger off and operate without debt financing.

Frankly I don't think they can survive that way...

This is country has always been socialist and has always robbed Petros to pay Paulos after all...

It would just mean that if you want to trade with Greece, then you convert to bit coin, and you already have an international exchange built for doing that.
Greenland left, cancelled their debts, and got themselves on a sound footing. Greece COULD do the same, but as you said.. the culture is such that really becoming successful would be difficult.  Going with Bitcoin would allow them to mine bitcoin, which is itself a business that can create value.  Enough to run a full socialist state? Probably not,  but maybe enough to jump start a government back into being fiscally responsible. Culturally it would be difficult for them, but that is reality.  Culturally this will be bad for us as well. But reality doesn't give a damn, does it?
 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 01, 2015, 11:29:36 AM

From a medium of exchange point of view, perhaps, even then though it will make interstate/global commerce problematic and the Euro's for sure will boycott business with Greece and discourage others from trading with them.

And it does nothing to solve their debt issues...unless they are prepared to fully go it alone and tell creditors to bugger off and operate without debt financing.

Frankly I don't think they can survive that way...

This is country has always been socialist and has always robbed Petros to pay Paulos after all...

It would just mean that if you want to trade with Greece, then you convert to bit coin, and you already have an international exchange built for doing that.
Greenland left, cancelled their debts, and got themselves on a sound footing. Greece COULD do the same, but as you said.. the culture is such that really becoming successful would be difficult.  Going with Bitcoin would allow them to mine bitcoin, which is itself a business that can create value.  Enough to run a full socialist state? Probably not,  but maybe enough to jump start a government back into being fiscally responsible. Culturally it would be difficult for them, but that is reality.  Culturally this will be bad for us as well. But reality doesn't give a damn, does it?

I'm with ya.  If this reality is the best we can hope for...we sure as Hell ain't hoping for (let alone working towards) much!

I'll take "Crash this shyt and start over for $200, Alex"!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 17, 2015, 06:54:36 AM
Yeah, sure...this brilliant idea will work (http://www.zerohedge.com/news/2015-04-16/greece-may-pay-wages-and-pensions-ious), really, give it a shot!

 ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 21, 2015, 07:45:00 AM
Things starting to unravel in Greece...as the government moves to seize reserves (http://www.zerohedge.com/news/2015-04-20/stunned-greeks-react-initial-capital-controls-and-decree-confiscate-reserves-and-the), I'm sure this will all work out well.

 ::popcorn::

Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 22, 2015, 07:30:03 AM
ECB pushing for a 50% writedown of Greek collateral? (http://www.zerohedge.com/news/2015-04-21/ecb-prepares-sacrifice-greek-banks-50-collateral-haircut)

Ouch, that'll leave a mark.  Not unexpected though.  I like how all the players in this act surprised by anything the other does or does not do.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 06, 2015, 06:38:53 AM
Greeks tax cash withdrawals...

http://www.dailymail.co.uk/news/article-3068975/Greece-introduces-mandatory-surcharges-cashpoints-desperate-attempt-raise-money-stop-panicked-citizens-withdrawing-life-savings-country-s-beleaguered-banks.html (http://www.dailymail.co.uk/news/article-3068975/Greece-introduces-mandatory-surcharges-cashpoints-desperate-attempt-raise-money-stop-panicked-citizens-withdrawing-life-savings-country-s-beleaguered-banks.html)

...which I am almost positive will result in even faster depletions.

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 11, 2015, 12:26:04 PM
Germany to Greece - Accept austerity and stay in the EU, reject austerity and leave the EU (http://www.zerohedge.com/news/2015-05-11/germany-gives-greece-grexit-referendum-greenlight).

Greece to Germany - We want to stay in the EU and reject austerity.

Russia to Greece - Come to the darkside (join the BRIC bank) (http://www.zerohedge.com/news/2015-05-11/russia-asks-greece-join-brics-bank).

Greece to Russia -  ::whoohoo::

Before you get too giddy, y'all might want to read that really really small print and be sure your translations from Russian to Greek are really solid...because I got a feeling all your gold will be theirs, all your whatever has value will be theirs...your land will be theirs...and I doubt you'll like Russian austerity any better than EU austerity!

But hey, knock yourselves out!

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 12, 2015, 02:24:53 PM
Greece drains IMF reserve fund to help make IMF loan payment! (http://globaleconomicanalysis.blogspot.com/2015/05/greece-empties-imf-reserve-account-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29)

 ::hysterical::

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 21, 2015, 07:00:06 AM
EU has interesting times ahead...Greece still in flux, now we have socialists in Portugul torked off over austerity (http://www.zerohedge.com/news/2015-05-20/portugals-left-wing-forces-threaten-troika-revolt), their neighbor Spain has been a basket-case for years and I am surprised it is still upright, Italy has been in and out of the woods so often their feet have to be ground into stumps and there has always been the looming UK threat to leave the union and now it appears as if the referrendum vote could come this year (http://www.zerohedge.com/news/2015-05-20/jpm-warns-uk-referendum-more-likely-2016-2017-pros-cons-brexit).

Shaping up for a heck of a summer and a swell finish to the year, eh?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 27, 2015, 07:36:03 AM
As the EU wavers...Greeks suck out another e300, how much more paper money these Greeks have?  And what is happening with digital transfers?

http://www.zerohedge.com/news/2015-05-27/greece-nowhere-close-deal-depositors-pull-%E2%82%AC300-million-banks-single-day (http://www.zerohedge.com/news/2015-05-27/greece-nowhere-close-deal-depositors-pull-%E2%82%AC300-million-banks-single-day)

Rock, meet Hard-Place...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 27, 2015, 10:28:37 AM
And this plan of the EU to go after Mutlinationals trying to avoid taxes, (http://www.reuters.com/article/2015/05/27/us-europe-tax-idUSKBN0OC1VO20150527?feedType=RSS&feedName=businessNews) we'll see how far this goes...if it is a toothless tiger or just another salvo triggering a counter-response by parent nations, etc etc...

Accounting Kabuki, Trade Kabuki, Currency Kabuki...it's all just Kabuki...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 27, 2015, 11:31:22 AM
  The euro needs to drop a little as I'm going to Sicily this year.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 29, 2015, 02:27:24 PM
Greece...here we go...

http://news.sky.com/story/1509799/greek-banks-and-stock-exchange-in-shutdown (http://news.sky.com/story/1509799/greek-banks-and-stock-exchange-in-shutdown)

http://www.zerohedge.com/news/2015-06-29/massive-greek-no-protest-front-parliament-live-feed (http://www.zerohedge.com/news/2015-06-29/massive-greek-no-protest-front-parliament-live-feed)

http://www.zerohedge.com/news/2015-06-29/greece-will-default-imf-tomorrow-government-official-says (http://www.zerohedge.com/news/2015-06-29/greece-will-default-imf-tomorrow-government-official-says)

Everything is Awesome!!!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 30, 2015, 07:14:20 AM
Greek FM says no payment to the IMF today...

http://www.zerohedge.com/news/2015-06-30/varoufakis-confirms-greece-will-default-imf-today (http://www.zerohedge.com/news/2015-06-30/varoufakis-confirms-greece-will-default-imf-today)

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on June 30, 2015, 10:59:40 AM
Well, can't they just print some more money?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 30, 2015, 11:19:01 AM
Well, can't they just print some more money?

That's the ECB's call...I'm guessing Merkel and others don't want to waste that much paper...and in so blatant a fashion...more blatantly than usual....

If your going to hose all citizens, best to have a better reason than artificially saving the Greeks a day or two...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 06, 2015, 07:09:39 AM
Greece says "Up yours!" to austerity measures, Merkel and Hollande call for a summit, banks prepare to raid accounts, Greeks buying up supplies and free-shyt people the world over celebrate...

http://www.bloomberg.com/news/articles/2015-07-05/euro-drops-as-greece-votes-no-to-austerity-demands-kiwi-falls (http://www.bloomberg.com/news/articles/2015-07-05/euro-drops-as-greece-votes-no-to-austerity-demands-kiwi-falls)

http://news.yahoo.com/sugar-flour-rice-panicked-greeks-stock-essentials-175737930.html;_ylt=AwrC1CkJSJhVLU4AhhjQtDMD;_ylu=X3oDMTBydDI5cXVuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDBHNlYwNzcg-- (http://news.yahoo.com/sugar-flour-rice-panicked-greeks-stock-essentials-175737930.html;_ylt=AwrC1CkJSJhVLU4AhhjQtDMD;_ylu=X3oDMTBydDI5cXVuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDBHNlYwNzcg--)

http://news.yahoo.com/latin-america-celebrates-greek-austerity-no-vote-095822566.html;_ylt=AwrC1Cg9bJpVrUEAykvQtDMD;_ylu=X3oDMTBydDI5cXVuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDBHNlYwNzcg-- (http://news.yahoo.com/latin-america-celebrates-greek-austerity-no-vote-095822566.html;_ylt=AwrC1Cg9bJpVrUEAykvQtDMD;_ylu=X3oDMTBydDI5cXVuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDBHNlYwNzcg--)

The dark comedy continues...

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on July 06, 2015, 08:06:26 PM
  I can't believe that that chickenshyt country that can't collect it's taxes is holding up the EU  and people are paying attention to them.  Let it burn and when they get their acts together they can sit down and talk like grown ups.  Till then not one dime.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 07, 2015, 08:37:17 AM
I think they fear the burning will spread, when in a sane world one nation going under should be an alarm to others to clean up their act...

But, we are not in a sane world, so if things stay true to form,, all the wrong moves will continue to be made...
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on July 07, 2015, 08:47:50 AM
  I can't believe that that chickenshyt country that can't collect it's taxes is holding up the EU  and people are paying attention to them.  Let it burn and when they get their acts together they can sit down and talk like grown ups.  Till then not one dime.

Actually, the problem is the Greeks  already have the dimes. The question is how many of them they can manage to get back. This deal is analogous to the one Iceland turned down (http://reason.com/archives/2012/09/07/iceland-provides-a-blueprint-for-survivi)  They let the banks fail, and letting the economy burn ( and the oligarch's power with it )  is the right move for Greece.
 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 07, 2015, 08:52:54 AM
  I can't believe that that chickenshyt country that can't collect it's taxes is holding up the EU  and people are paying attention to them.  Let it burn and when they get their acts together they can sit down and talk like grown ups.  Till then not one dime.

Actually, the problem is the Greeks  already have the dimes. The question is how many of them they can manage to get back. This deal is analogous to the one Iceland turned down (http://reason.com/archives/2012/09/07/iceland-provides-a-blueprint-for-survivi)  They let the banks fail, and letting the economy burn ( and the oligarch's power with it )  is the right move for Greece.
 

Good point, I forgot about Iceland, it is one of the few way to get back at the ruling class where it hurts.  If there is no bailout, no government confiscation to transfer to the ruling class...it is they who take it in the shorts the worst in terms of scale.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 08, 2015, 07:39:43 AM
Boy, talk about high kabuki drama...

http://www.dailymail.co.uk/news/article-3152938/European-leaders-warn-five-days-critical-moment-history-EU-Greece-given-one-final-deadline.html (http://www.dailymail.co.uk/news/article-3152938/European-leaders-warn-five-days-critical-moment-history-EU-Greece-given-one-final-deadline.html)

...this seems like a cross between Faust and the Nutcracker...
Title: Re: Is the EU Going to Topple?
Post by: Pandora on July 08, 2015, 02:23:56 PM
Sorta/sorta-not OT ...

http://www.themalaymailonline.com/money/article/as-shanghai-stock-market-tumbles-china-freezes-trading-in-1300-companies (http://www.themalaymailonline.com/money/article/as-shanghai-stock-market-tumbles-china-freezes-trading-in-1300-companies)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 10, 2015, 07:36:36 AM
Oh sure, sorta...Asian contagion...all part of the larger mosaic of mayhem...

Oh, and Merkel blinked...we're back to pre-toughtalk proposals again...

http://www.telegraph.co.uk/finance/economics/11730086/Greek-deal-in-sight-as-Germany-bows-to-huge-global-pressure-for-debt-relief.html (http://www.telegraph.co.uk/finance/economics/11730086/Greek-deal-in-sight-as-Germany-bows-to-huge-global-pressure-for-debt-relief.html)

What a carousel of clowns!

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 13, 2015, 06:50:46 AM
This is so pathetic...

http://apnews.myway.com/article/20150712/eu--greece_bailout-37cc00c290.html (http://apnews.myway.com/article/20150712/eu--greece_bailout-37cc00c290.html)

...it's like watching two idiots try to play a game of chicken!

No, wait...strike that "like" part...it is two idiots playing chicken!

And the real funny part is...in the end it is all just BS anyway...all of this crap can only end one way.

 ::unknowncomic::

This take via ZH is just too hilarious...

Me: How are the talks going?
EU source: "sh*tty."
Me: "Getting more sh*tty or less?"
Source: "Pretty steady level of sh*ttiness"

http://www.zerohedge.com/news/2015-07-12/latest-out-europe-pretty-steady-level-sh*ttiness (http://www.zerohedge.com/news/2015-07-12/latest-out-europe-pretty-steady-level-sh*ttiness)

But, it sounds like folks are saying Tsipras folded (http://www.zerohedge.com/news/2015-07-13/deal-struck-following-total-capitulation-tsipras-market-now-awaits-greek-reaction-dr), but all he did was kick the can to his Parliament and the bankers.  This will likely all unravel and they'll be back to square one and Tsipras will say the Euro demands are too stiff, yadda yadda yadda...

Jerk, meet circle, circle...

WHAT’S NEXT?

The Greek govt is set to renew a bank holiday and capital controls decree which expires today
*The ECB’s GC is expected to discuss ELA for Greece’s banks
*Eurogroup meeting later today will work on Greece’s short-term needs and discuss bridge financing
*Greece has accepted to legislate on 4 action points by Thursday July 16, and another two by July 22, according to Malta’s PM Muscat
*Then Greece would come before the Eurogroup and euro- area member states would decide to open or close the needed negotiations that would let the ESM to disburse funds, Muscat says
*Dutch PM Rutte says it could take weeks to negotiate Greek ESM aid deal

http://www.zerohedge.com/news/2015-07-13/after-deal-heres-whats-next-greece (http://www.zerohedge.com/news/2015-07-13/after-deal-heres-whats-next-greece)

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on July 13, 2015, 09:52:02 AM
I was disappointed to hear that "a deal" had been reached.  Not because I care particularly about Europe's economy, but because it seems to be further evidence that the globalists will always, always, always have a rabbit to pull out of their magic hat.  They'll always, always, always find a clever new way to kick the can a bit further down the road.

Combine that with the fact that people are either (a) totally oblivious to the problem in the first place, or (b) vaguely aware of the problem but totally uninterested in confronting it, and it just seems like this house of cards will never run out of scotch tape to keep it together.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 13, 2015, 10:01:06 AM
I think the people (check out ZeroHedge) calling Tsipras a traitor are missing the point...maybe I am wrong but socialist leaders typically have a knack for using the corrupt political and bureaucratic institutions to their advantage (it is typically not the the nations advantage, but to the party's advantage and/or personal advantage)...primarily because they created these diseased institutions and populated them with their fellow travelers..and it is this corruption, dysfunction and ingrained socialistic miasma that is going to do what Tsipras politically could not do - outright kill the EU proposal.  In typical Euro-Socialist fashion, each side wants the other to cave/stumble/fail...they never win with offense, they win because the other capitulates.  Hence the hilarious idiots playing chicken analogy...both want to swerve out of the way and claim the other swerved first.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 13, 2015, 12:24:04 PM
Well, it didn't take long for that prediction to start showing promise...

http://www.zerohedge.com/news/2015-07-13/greek-lawmakers-wont-back-deal-finnish-finmin-says-cant-agree-new-greek-loans (http://www.zerohedge.com/news/2015-07-13/greek-lawmakers-wont-back-deal-finnish-finmin-says-cant-agree-new-greek-loans)

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 14, 2015, 12:07:47 PM
Panos Kammenos, the defense minister and leader of Tsipras’s Independent Greeks junior coalition partner, said his lawmakers will only back those measures agreed by Greek political leaders and not those imposed by creditors, which he denounced as an attempted "coup d’etat."

http://www.zerohedge.com/news/2015-07-14/complete-humiliation-greek-parliament-pressed-approve-german-coup (http://www.zerohedge.com/news/2015-07-14/complete-humiliation-greek-parliament-pressed-approve-german-coup)

 ::popcorn::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 24, 2015, 12:01:11 PM
http://www.express.co.uk/news/world/607595/Migrant-crisis-EU-lost-control-borders-danger-collapse (http://www.express.co.uk/news/world/607595/Migrant-crisis-EU-lost-control-borders-danger-collapse)

Jeesh, what a whiner! 

Buck up Donnie!  Look at the bright side...a breakup is about as good as your news could get, at least that way a couple nations choosing sanity and survival might make it.

Man, what a wuss!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 25, 2015, 11:38:06 AM
It is not surprising to me at all that the former East Bloc nations see this Muzloid invasion as insane...

http://www.telegraph.co.uk/news/worldnews/europe/hungary/11884665/Refugee-crisis-EU-divided-as-Hungary-attacks-migrant-quota-as-unrealisable-and-nonsense.html (http://www.telegraph.co.uk/news/worldnews/europe/hungary/11884665/Refugee-crisis-EU-divided-as-Hungary-attacks-migrant-quota-as-unrealisable-and-nonsense.html)

...after all they had decades to learn what stupid, crazy and dangerous sh*t looks like!!!

The Western nations are suicidally insane...they should say goodbye to them now while they are alive to hear and see it.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 07, 2015, 11:36:22 AM
A young, female ‘No Borders’ activist working in a migrant camp on the France-Italy border remained silent about her gang rape by Sudanese migrants for over a month because “the others asked me to keep quiet.”

http://www.breitbart.com/london/2015/10/06/no-borders-activist-gang-raped-migrants-pressured-silence-not-damage-cause/ (http://www.breitbart.com/london/2015/10/06/no-borders-activist-gang-raped-migrants-pressured-silence-not-damage-cause/)

Just more proof leftism is a disease and the only known cure is terminal to the host...

Their scum is like our scum...guaranteed this is going on here...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 07, 2015, 04:11:57 PM
A young, female ‘No Borders’ activist working in a migrant camp on the France-Italy border remained silent about her gang rape by Sudanese migrants for over a month because “the others asked me to keep quiet.”

http://www.breitbart.com/london/2015/10/06/no-borders-activist-gang-raped-migrants-pressured-silence-not-damage-cause/ (http://www.breitbart.com/london/2015/10/06/no-borders-activist-gang-raped-migrants-pressured-silence-not-damage-cause/)

Just more proof leftism is a disease and the only known cure is terminal to the host...

Their scum is like our scum...guaranteed this is going on here...

  You just can't rape the willing. She would rather give them permission to keep on raping her than do the right thing. Turn them in.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 09, 2015, 11:51:40 AM
If successful this could help speed things along in Europe. (http://www.france24.com/en/20151109-catalan-parliament-vote-secession-showdown-with-madrid)
Title: Re: Is the EU Going to Topple?
Post by: John Florida on November 10, 2015, 10:12:04 PM
  Let it burn.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 31, 2016, 12:08:37 PM
It's sickening seeing what is happening in Europe, but the same sickening Prog-Rot of pc/diversity/multi-cultism will ensure our demise too if people don't start waking the eff up!  Hopefully Trump can put that into perspective to some benefit.

Anyway, not sure Germany has a change with moonbats like Merkel running the show and riding herd on the EU.

This woman feels trapped...

http://vladtepesblog.com/2016/05/29/anon-open-letter-translated-from-pi-news/ (http://vladtepesblog.com/2016/05/29/anon-open-letter-translated-from-pi-news/)

...and I can understand that feeling, the desire to say bleep that is good, not sure the timing works...

Anyway, the AfD program she mentions is this -

https://www.alternativefuer.de/wp-content/uploads/sites/7/2016/05/2016-06-27_afd-grundsatzprogramm_web-version.pdf (https://www.alternativefuer.de/wp-content/uploads/sites/7/2016/05/2016-06-27_afd-grundsatzprogramm_web-version.pdf)

Translated, it leads off with:

COURAGE TO GERMANY.
FREE CITIZENS
NO SUBJECTS

We are liberals and conservatives.
We are free citizens of our country.
We are convinced democrats.  (I think maybe Google translate blew that...perhaps "committed" is more accurate)

Basically it goes on to lament to breakdown of law, no longer taking it idly, fed up with the EU, still like social market economy (WTF that is) but want to protect their culture and religion...basically a call to rise up.  But not revolutionary though revolutionary desires are throughout it...this is a political effort.

Which is why it will fail, which I why I am bothering to discuss it at all.

The folly of everyone is illustrative of how insane and unrecoverable Europe is destined to become.  No party, not the ruling elite, not the general sheepish public, not these throngs of pissed off people thinking a political solution has a chance realizes the absolute sh*tstorm that is about to explode.

Culture, religion, law, tradition, economic freedom...when all of these are under attack there is only going to be one result...massive bloody upheaval.

These people have no idea how close they are to obliteration.

And the pollyana's here likewise think "it can never happen here".

Yeah, and I have a jet that runs on unicorn farts.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 10, 2016, 07:30:12 AM
How cute...Chef Geld Hure Herr Schauble threatens Great Britain with economic blockade if Brexit vote breaks GB away.

http://www.theguardian.com/politics/2016/jun/10/no-single-market-access-for-uk-after-brexit-wolfgang-schauble-says (http://www.theguardian.com/politics/2016/jun/10/no-single-market-access-for-uk-after-brexit-wolfgang-schauble-says)

He kinda has a Nosferatu look, eh?

Bleep 'em!

Brexit Yes!
Title: Re: Is the EU Going to Topple?
Post by: ToddF on June 10, 2016, 04:46:57 PM
With each day there I come to the realization there is only one cure to rid the world of these kind of people that make up our dreadful professional political class.

Not sayin' any more.  Not sayin' any less.

Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 14, 2016, 11:29:49 AM
http://www.cnbc.com/2016/06/14/brexit-news-uncertainty-around-eu-vote-causing-volatility-in-markets.html (http://www.cnbc.com/2016/06/14/brexit-news-uncertainty-around-eu-vote-causing-volatility-in-markets.html)

Heh!

Nicht gut!   ::smallestviolin::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 15, 2016, 11:42:32 AM
EU gives Brits another reason to vote for Brexit!

http://www.zerohedge.com/news/2016-06-15/eu-wants-impose-tax-sharing-links-internet (http://www.zerohedge.com/news/2016-06-15/eu-wants-impose-tax-sharing-links-internet)

Brilliant!

/

 ::hysterical::

Comments on this one are a hoot!

Looney  thesonandheir Jun 15, 2016 11:37 AM

The EU would, if it could, install a sh*t Meter into everybody’s ass, so they can tax each and every piece of sh*t.  ;-)

 ::laughonfloor::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 16, 2016, 11:06:04 AM
Well it appears the Brits have their own false flag event that is throwing a bucket of water on the Brexit movement...

http://www.zerohedge.com/news/2016-06-16/british-labor-mp-jo-cox-shot-and-stabbed-assailant-who-allegedly-shouting-britain-fi (http://www.zerohedge.com/news/2016-06-16/british-labor-mp-jo-cox-shot-and-stabbed-assailant-who-allegedly-shouting-britain-fi)

...sounds ridiculous...

...I wonder how many cut-outs Merkel used to make sure this doesn't lead back to her?   ::whatgives::
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on June 16, 2016, 12:39:43 PM
Check out this video about Brexit.  Apparently they've pretty much already said even if the voters choose to leave the EU, they're not going to allow it to happen.  Another case of "this referendum is non-binding.  we are your betters and we'll make that call ourselves"

And listen to what he says about Bob Geldof shouting profanities at fisherman protesting in favor of Brexit.  Funny how leftists always like to portray themselves as champions of the workers.

! No longer available (http://www.youtube.com/watch?v=sSPU4SgNH8Y#)


Yes it's from Infowars, but I like Paul Watson and he does some really good stuff.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 17, 2016, 06:56:31 AM
Another nice debunking of the myth of the moderate musloid too.   ::thumbsup::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on June 19, 2016, 08:15:30 AM
  Racist and Islamophbic !! All of it.   ::pullhair::
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on June 23, 2016, 11:43:46 PM
So I'll be damned, the Brits actually pulled it off.  They voted to leave the EU!
Title: Re: Is the EU Going to Topple?
Post by: richb on June 24, 2016, 01:23:21 AM
So I'll be damned, the Brits actually pulled it off.  They voted to leave the EU!

Sounds like they may have.    Hope its true.    They were calling it the other way most of the day it seemed,  so a nice surprise. 
Title: Re: Is the EU Going to Topple?
Post by: richb on June 24, 2016, 02:48:08 AM
Another bonus, 

http://www.foxnews.com/world/2016/06/24/cameron-intends-to-resign-after-britain-votes-to-leave-european-union.html?intc (http://www.foxnews.com/world/2016/06/24/cameron-intends-to-resign-after-britain-votes-to-leave-european-union.html?intc)

Cameron intends to resign after Britain votes to leave European Union.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 24, 2016, 08:38:50 AM
72 freaking percent!  Not even close!  Their proglodyte media just as effed up and as big a scheming pack of liars as ours!  Let's see Merkel act on her threats now. It would not surprise me to see the rest of the EU clowns be tougher on Brit's than the Musloid trash invading them.

I wonder who may follow suit? 
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on June 24, 2016, 09:24:56 AM
Marine Le Pen is calling for #Frexit in France.  Geert Wilders is calling for a referendum in the Netherlands.  Polls in Sweden show less than 1/3 of the population want to remain in an EU without Britain in it.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 24, 2016, 09:56:30 AM
Heh, Germany will get stuck with all the crap, yeah...that's a shame.

Though Sweden is also experiencing muzzie issues too, maybe independence will rectify that too, but who knows..
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 27, 2016, 11:36:11 AM
Saw this at ThePeoplesCube -

(http://www.thepeoplescube.com/images/British_Are_Going_Brexit.png)

Heh!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 07, 2016, 11:56:39 AM
Subjective punishment in the wake of Brexit...

http://www.zerohedge.com/news/2016-07-07/unprecedented-decision-europe-will-sanction-spain-portugal-over-deficits-while-ignor (http://www.zerohedge.com/news/2016-07-07/unprecedented-decision-europe-will-sanction-spain-portugal-over-deficits-while-ignor)

...yeah, that's gonna go over well.   ::hysterical::

A bit late to be cracking down on anyone anyway, isn't it?   ::)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 30, 2016, 08:35:06 AM
Deutsche Bank going kaput!

Hedge Fund managers running away...liquidity in question...Merkel has one option - bail in.

Fire up the presses!

http://www.zerohedge.com/news/2016-09-29/how-much-liquidity-deutsche-bank-has-moment-and-what-happens-next (http://www.zerohedge.com/news/2016-09-29/how-much-liquidity-deutsche-bank-has-moment-and-what-happens-next)

Yeah, Hillary...let us NOT emulate Merkel and Germany!
Title: Re: Is the EU Going to Topple?
Post by: Weisshaupt on September 30, 2016, 10:26:51 AM
Quote
Which ultimately means that DB really has four options: raise capital (sell equity, convert CoCos, which may results in an even bigger drop in the stock price due to dilution or concerns the liquidity raise may not be sufficient), approach the ECB for a liquidity bridge (this may also backfire as counterparties scramble to flee a central bank-backstopped institution), appeal for a state bailout (Merkel has so far said "Nein") or implement a bail-in, eliminating billions in unsecured claims (and deposits) and leading to a full-blown systemic bank run as depositors everywhere rush to withdraw their savings, leading to a collapse of the fractional reserve banking mode (in which there is only 10 cents in physical deliverable cash for every dollar in depositor claims). 

Um, Lets see. what happens next.  Your money is bailed in. There is no bank run because you no longer have money at the bank - you were an investor at the bank and your deposit was taken by the banks creditors. Sorry.  But then that wasn't enough so TPTB - be it Merkel or the UNited States etc and thier cronies step in to insure the banks debt. They may do it for the depositors as well, but why? They are little people? What are they going to do?  No  they will just gurantee ( printed money)   via secondary sources ( JP Moran, Citibank, etc all leap to Europe's aid with money they got from the fed at -0.5% interest)  ) Whole thing is stable. The numbers in the computer show black, not red. Everything is Awesome.

https://www.youtube.com/watch?v=StTqXEQ2l-Y (https://www.youtube.com/watch?v=StTqXEQ2l-Y)

Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 30, 2016, 11:33:09 AM
Awesome...sure it is. 

 ::exitstageleft::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 02, 2016, 07:37:00 PM
You see this?

http://www.zerohedge.com/news/2016-10-02/some-deutsche-bank-clients-unable-access-cash-due-it-outage (http://www.zerohedge.com/news/2016-10-02/some-deutsche-bank-clients-unable-access-cash-due-it-outage)

Yeah...IT outage...   ::hysterical::

And some good news...Brexit is not stalled like the Establishment would like you to think...it's going forward, baby!  Yeeaaahhhh!

http://www.telegraph.co.uk/news/2016/10/02/theresa-may-brexit-boris-johnson-david-davis-liam-fox-live/ (http://www.telegraph.co.uk/news/2016/10/02/theresa-may-brexit-boris-johnson-david-davis-liam-fox-live/)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 26, 2016, 08:39:31 AM
http://www.zerohedge.com/news/2016-10-25/german-ammunition-sales-skyrocket-tenfold-first-half-2016 (http://www.zerohedge.com/news/2016-10-25/german-ammunition-sales-skyrocket-tenfold-first-half-2016)

Progs can cause it.

pIsslam can cause it.

In concert they can really cause it!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 03, 2016, 08:16:23 AM
EuroStatists must be in a good mood this morning...UK robed wonders slam on the brakes on BREXIT...

http://www.zerohedge.com/news/2016-11-03/uk-government-loses-article-50-lawsuit-brexit-needs-parliamentary-approval-high-cour (http://www.zerohedge.com/news/2016-11-03/uk-government-loses-article-50-lawsuit-brexit-needs-parliamentary-approval-high-cour)

Back to herding cats...


Farage is po'd at this betrayal...warns of angry people...

http://www.mirror.co.uk/news/uk-news/nigel-farage-fears-brexit-betrayal-9186699 (http://www.mirror.co.uk/news/uk-news/nigel-farage-fears-brexit-betrayal-9186699)

Off with their heads!   ::guillotine::

Hey, they're asking for it!  Tell people their voice doesn't matter, their choice is sh*t...just don't be surprised what happens after...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 26, 2016, 02:32:52 PM
In another era this would be unbelievable...

"If Germany is genuinely committed to an African Marshall Plan, one that treats Africa as a genuine and equal partner; and whose ambition is not a temporary fix to a migration crisis, but an attempt to cooperatively to stimulate entrepreneurship and broad-based economic growth in Africa, then I strongly endorse Chancellor Merkel’s courageous approach to Africa’s development. It will need to contain concessions on opening markets to African goods and services."

https://kakistocracyblog.wordpress.com/2016/12/23/the-audacity-of-dopes/

What goods and services are those?   ::laughonfloor::

Sadly, there are many Eurotards that will go for this idiocy!

They might as well just kill themselves quick and get it over with...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 28, 2016, 08:29:25 AM
Heh, brilliant!

http://www.zerohedge.com/news/2016-12-27/europe-proposes-confiscating-gold-crackdown-terrorist-financing (http://www.zerohedge.com/news/2016-12-27/europe-proposes-confiscating-gold-crackdown-terrorist-financing)

This is where it all started to unravel for India.

Do it...don't nibble on the trigger...pull it!!!   ::pokeineye::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 03, 2017, 09:20:13 AM
If France had any sense...

(https://westernrifleshooters.files.wordpress.com/2017/01/c1ghds9xeaaieoj.jpg)

...they'd leave the EU after Le Pen cleans out Paris!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on January 11, 2017, 08:46:35 AM
Not looking good for the Merkel-EU Statist faction...

http://www.express.co.uk/news/world/752664/Marine-Le-Pen-leading-French-presidential-election-polls-Francois-Fillon-Emmanuel-Macron (http://www.express.co.uk/news/world/752664/Marine-Le-Pen-leading-French-presidential-election-polls-Francois-Fillon-Emmanuel-Macron)

 :D
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 21, 2017, 07:30:26 AM
Heh!

http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri (http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri)

She is working hard to make me do a 180 and say nice things about (some) French people!   ::thumbsup::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on February 22, 2017, 09:14:38 PM
Heh!

http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri (http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri)

She is working hard to make me do a 180 and say nice things about (some) French people!   ::thumbsup::


      ::falldownshocked::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 24, 2017, 12:08:33 PM
Heh!

http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri (http://www.zerohedge.com/news/2017-02-21/i-will-not-cover-myself-le-pen-refuses-wear-headscarf-cancels-meeting-lebanese-cleri)

She is working hard to make me do a 180 and say nice things about (some) French people!   ::thumbsup::


      ::falldownshocked::

Fahgettabowtit!

http://www.zerohedge.com/news/2017-02-23/group-french-protesters-call-obama-run-president-give-french-people-hope (http://www.zerohedge.com/news/2017-02-23/group-french-protesters-call-obama-run-president-give-french-people-hope)

...that didn't take long...back to "the French are dumbasses!"...

Title: Re: Is the EU Going to Topple?
Post by: Alphabet Soup on February 24, 2017, 07:41:27 PM
Quote
Of course, while it's a genius plan, if we understand it correctly, there is just one minor problem...the French president needs to be, well, French.

Well, he is a complete phony - isn't that close enough?!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 27, 2017, 06:46:35 AM
Quote
Of course, while it's a genius plan, if we understand it correctly, there is just one minor problem...the French president needs to be, well, French.

Well, he is a complete phony - isn't that close enough?!

Obviously a racist...who else could be against La Fraude?

 ::laughonfloor::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 27, 2017, 07:57:39 AM
The Empire tries to strike back...

http://www.zerohedge.com/news/2017-02-27/eu-lawmakers-urge-federal-union-european-states-or-else (http://www.zerohedge.com/news/2017-02-27/eu-lawmakers-urge-federal-union-european-states-or-else)

St. Patrick's Day in Rome...tell the Eurostatists to bugger off!

Join the Anti-Statist Rebellion with Poland and Hungary! (http://www.zerohedge.com/news/2017-02-26/poland-hungary-join-together-challenge-eu-bureaucracy)

 ::cool::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on February 28, 2017, 11:44:00 AM
MARINE Le Pen branded the European Union (EU) a “totalitarian institution” and pledged to free a “weakened” France from the crippling burden of EU bureaucracy.

http://www.express.co.uk/news/world/771652/marine-le-pen-france-election-european-union-eu-rebel-bloc (http://www.express.co.uk/news/world/771652/marine-le-pen-france-election-european-union-eu-rebel-bloc)

Oui!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 02, 2017, 11:48:32 AM
As close to an admission you will ever get from these Eurostatist asswipes that they are 100% in bed with the Muslim invaders intent upon establishing a Caliphate in the heart of Europe -

EU lawmakers lifted Le Pen's EU parliamentary immunity on Thursday for tweeting pictures of Islamic State violence.

http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen (http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen)

Yup, exposing the normal behavior of the psychotic death cultists of Mohammad will get your ass targeted faster than anything else in that moronic outfit...

EU deserves everything coming its way...

 ::smallestviolin::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on March 03, 2017, 07:17:58 PM
As close to an admission you will ever get from these Eurostatist asswipes that they are 100% in bed with the Muslim invaders intent upon establishing a Caliphate in the heart of Europe -

EU lawmakers lifted Le Pen's EU parliamentary immunity on Thursday for tweeting pictures of Islamic State violence.

http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen (http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen)

Yup, exposing the normal behavior of the psychotic death cultists of Mohammad will get your ass targeted faster than anything else in that moronic outfit...

EU deserves everything coming its way...

 ::smallestviolin::

  She better come out swingin!!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 06, 2017, 07:27:58 AM
As close to an admission you will ever get from these Eurostatist asswipes that they are 100% in bed with the Muslim invaders intent upon establishing a Caliphate in the heart of Europe -

EU lawmakers lifted Le Pen's EU parliamentary immunity on Thursday for tweeting pictures of Islamic State violence.

http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen (http://www.zerohedge.com/news/2017-03-02/marine-le-pen-stripped-eu-parliament-immunity-tweeting-pictures-islamic-state-violen)

Yup, exposing the normal behavior of the psychotic death cultists of Mohammad will get your ass targeted faster than anything else in that moronic outfit...

EU deserves everything coming its way...

 ::smallestviolin::

  She better come out swingin!!

Yeah, might be another too-little-too-late kinda deal though...

"The danger is not the National Front, which is only the expression of the anger of an abandoned people. The danger is the ever-closer links between leftism and Islamism.... The danger must be stopped." (http://www.zerohedge.com/news/2017-03-05/frances-death-spiral)

Sacre Bleu!  Say it isn't so?!

Well...uhh...Duh?!?!?!

You idiots embraced the Devil and spat in the Good Lord's face and turned your nation into a Caliphate in the making!

And we have the very same psychotic morons here to contend with, y'all are just deeper in the sh*tter than we are right now.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 16, 2017, 08:00:01 AM
EuroProgs thrilled at Wilders not gaining clear majority, but his bloc did get more strength, so...the EuroTards can gloat all they want, they're clearly in the decline...

https://westernrifleshooters.wordpress.com/2017/03/15/we-are-also-winners-wilders-admits-defeat-to-rutte-but-hopes-for-coalition-government/
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on March 16, 2017, 10:23:53 AM
They kept extending the poll hours in Amsterdam, and had to print additional ballots.  Where have I heard of this sort of thing before?

I'm not really surprised at these results.  The mainstream conservative party won the most, and did so largely by coopting much of Wilders' platform.  I will be more interested to see what happens in France with Le Pen.  A Le Pen victory in France would be a mortal blow to the EU, so there is nothing they won't do to prevent that from happening.

I think the entire West is past the point of voting its way out of this mess anyway, so I look at these elections as basically no lose situations: if the Le Pen types win then their ideology becomes more mainstream, if they lose the State will just persist with its suicidal policies and further delegitimize itself. Win win.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 16, 2017, 12:20:19 PM
Yeah, I agree, France is more pivotal...and the trend is not favorable for the EuroStatists either way...another question of when not if...

And more consequential for Europe is the UK completing Brexit and seeing who else follows, and at some point I see a reinvigorated central Europe with states like Hungary & Czech Republic forming their own bloc, which they should, the western, southern and northern parts of Europe are batshyt crazy.
Title: Re: Is the EU Going to Topple?
Post by: ToddF on March 16, 2017, 05:08:47 PM
And that conservative government needs Wilders to form a coalition. 
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 17, 2017, 07:17:34 AM
Not sure their "conservatives" are any different than our "Pubbies"...but the only reason I could see them going that way is if they adopt the tactic of "keeping your enemies closer"...

In truth I think cowardice and suicidal behavior are the hallmark of the latter day conservative...
Title: Re: Is the EU Going to Topple?
Post by: richb on March 22, 2017, 06:22:55 PM
Not sure their "conservatives" are any different than our "Pubbies"...but the only reason I could see them going that way is if they adopt the tactic of "keeping your enemies closer"...

In truth I think cowardice and suicidal behavior are the hallmark of the latter day conservative...

Their "conservatives" are even worse then ours.     There really are no real small government types left in Europe,  and none of them hold office.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 23, 2017, 07:24:34 AM
Like our Pubbies though, theirs are too genteel...

There are some with fire and principles like Farage...LePen is trying...

But yeah, very few and far between.

And what the Left continues to forget and help fuel...to their own peril...is by continuing to bash, batter and eliminate traditional conservatism or any kind of real conservative revival...is that people having no other option will be pushed to extremes...they'll get a dictatorship, they could get another Reign of Terror or Rightist fascism like Franco's...and they'll have only themselves to blame...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 27, 2017, 07:45:25 AM
Greece says "it's full".

http://www.zerohedge.com/news/2017-03-26/weve-reached-our-limits-greece-begins-blocking-refugees (http://www.zerohedge.com/news/2017-03-26/weve-reached-our-limits-greece-begins-blocking-refugees)

But, you were full a long time ago...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on March 27, 2017, 08:31:06 PM
Greece says "it's full".

http://www.zerohedge.com/news/2017-03-26/weve-reached-our-limits-greece-begins-blocking-refugees (http://www.zerohedge.com/news/2017-03-26/weve-reached-our-limits-greece-begins-blocking-refugees)

But, you were full a long time ago...

   The lights must be coming on.
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on March 29, 2017, 03:36:32 PM
Turkey has more or less openly said they are going to use the masses of migrants currently in Turkey as a form of demographic warfare against Europe.  So Greece is blocking them.  What happens when they have a horde walking over the border, like a herd of zombies from TWD?  The humanitarians and sentimentalists will insist that you have to "do something for them."  That something should be opening fire on them, but is that likely to actually happen?

Same deal with Italy.  Their coast guard is picking people out of the Mediterranean within sight of the Libyan coastline, and taking them all the way back to Italy rather than the nearest port.  It's ridiculous.  This is happening at a rate of thousands per day!  It's absolutely directly from the plot of Camp of the Saints. This Western thing about sympathy for the Other may well be what destroys the West.
Title: Re: Is the EU Going to Topple?
Post by: richb on March 29, 2017, 06:28:57 PM
"This Western thing about sympathy for the Other may well be what destroys the West."

this





The  one and only reason why Italy should be patrolling the Libyan side of the Mediterranean.    To prevent having to fish people (and corpses) out of the middle and Italian side of the Mediterranean.   That is being humanitarian,  you stop people from a dangerous and stupid crossing.   No,  you don't take them to Italy,  you bring them right back to Libya.    People will stop trying,  if they keep getting shut down.   By taking them to Italy,  more people will try,  and be even more unprepared to be at sea.    Most will figure,  I just have to get offshore,  the Italian navy will provide the ride.    They actually make it more dangerous,  as they have no ability to stop everyone.
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on March 29, 2017, 09:27:49 PM
Ironically, the Qadaffi regime in Libya was holding back the flow of Africans and they even warned this would happen.  Kind of puts Obama's Libya action in a new light.  I think you could make the case that all the destabilization of North Africa and Syria was precisely for the purpose of opening the brown floodgates onto Europe.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 30, 2017, 07:29:53 AM
Yes, misplaced Western sympathies are being played and will destroy them.

And screw Erdogan the Malignant!  He's a tyrant and a piss-pot!  Threatening Europe and this sh*t is in NATO, still?!  We're still in NATO?!  WTF?!?!?!

And he's getting pissy about the Kurds, eff him!  I would arm the Kurds to the teeth and support them in everything and tell them to slaughter every Turk they can find!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on March 30, 2017, 11:48:23 AM
OMG, this is hilarious!

EUROPEAN Union boss Jean-Claude Juncker this afternoon issued a jaw-dropping hilarious threat to the United States, saying he could campaign to break up the country in revenge for Donald Trump’s supportive comments about Brexit.

He said: “Brexit isn’t the end. A lot of people would like it that way, even people on another continent where the newly elected US President was happy that the Brexit was taking place and has asked other countries to do the same.

“If he goes on like that I am going to promote the independence of Ohio and Austin, Texas in the US.”

FIFY

http://www.express.co.uk/news/politics/785813/European-Union-EU-boss-threatens-break-up-US-retaliation-Trump-Brexit-support (http://www.express.co.uk/news/politics/785813/European-Union-EU-boss-threatens-break-up-US-retaliation-Trump-Brexit-support)

Don't tease me, bro!  I triple-dog-dare you to try!   ::whoohoo::

But, I think you're threat is emptier than B Hussein's head! 
Title: Re: Is the EU Going to Topple?
Post by: ToddF on March 30, 2017, 07:34:15 PM
Such delusions of grandeur by people like this, unemployable in the productive half of the world, are the reason for Brexit to begin with.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 06, 2017, 07:17:42 AM
Macron stumbles to Le Pen's benefit.

https://www.bloomberg.com/news/articles/2017-04-05/macron-slips-post-debate-making-him-tied-with-le-pen-poll-shows (https://www.bloomberg.com/news/articles/2017-04-05/macron-slips-post-debate-making-him-tied-with-le-pen-poll-shows)

1 month to go for this round...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 24, 2017, 07:10:24 AM
http://www.dailymail.co.uk/news/article-4437156/Leading-candidates-cast-votes-French-election.html (http://www.dailymail.co.uk/news/article-4437156/Leading-candidates-cast-votes-French-election.html)

One of these is not like the other.

"...independent centrist Macron..."   :o

Yeah...like J-Mac!  Establishment pro-EU clown...centrist...

 ::)

The ganging up against LePen has begun...

http://www.zerohedge.com/news/2017-04-23/early-polls-shows-macron-lead-le-pen-second-live-feed (http://www.zerohedge.com/news/2017-04-23/early-polls-shows-macron-lead-le-pen-second-live-feed)

...unless something happens...maybe more Mohammadan mayhem, they can't control themselves anyway...but seems this is the end of the line for France...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 24, 2017, 11:50:15 AM
Interesting.

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/1493028344_56.villages.le_.pen__0.jpg)

http://www.zerohedge.com/news/2017-04-24/56-french-villages-where-marine-le-pen-didnt-get-single-vote (http://www.zerohedge.com/news/2017-04-24/56-french-villages-where-marine-le-pen-didnt-get-single-vote)

I'll take "Muslim invaders for $500, Alex", shyt...the pattern is a crescent for crying out loud!
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on April 24, 2017, 08:16:04 PM
There's no way she is going to win in the 2nd round. But I guess there is a small silver lining in that the FN will become the main opposition party. They have effectively sunk the mainstream "right-ish" party.  Just as with the GOP here, before we can actually do battle with the enemy we have to deal with the lame ass mainstream party that exists solely to deflect our votes and energy away from actual power.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on April 25, 2017, 07:10:15 AM
Yeah, not sure how their counties are set up...or are they provinces...whatever...maybe succession and nullification will be tried there...sure wish it would be tried here!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 04, 2017, 11:48:50 AM
Heh!

Marine Le Pen Slams Macron: "France Will Be Governed By A Woman... Either Me Or Madame Merkel"

http://www.zerohedge.com/news/2017-05-04/marine-le-pen-slams-macron-france-will-be-governed-woman-either-me-or-madame-merkel (http://www.zerohedge.com/news/2017-05-04/marine-le-pen-slams-macron-france-will-be-governed-woman-either-me-or-madame-merkel)

Got that right!  Merkel has her hand all the way up Macron's prison-purse!

And that space has another tenant seeker -

http://www.zerohedge.com/news/2017-05-04/barack-obama-officially-endorses-emmanuel-macron (http://www.zerohedge.com/news/2017-05-04/barack-obama-officially-endorses-emmanuel-macron)

Hopefully that is a kiss of death!   ::laughonfloor::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 04, 2017, 05:50:46 PM
  The French hate the Germans more than they hate us.
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on May 06, 2017, 02:56:10 PM
Have you heard about 4chan and Wikileaks dumping a huge amount of Macron emails?  It's pretty scandalous.  It even looks like he was using his staff to procure drugs.  He's been stashing money in the Caymans to avoid the punitive French tax structure that he would no doubt continue as president.

And it probably won't matter when they vote tomorrow.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on May 06, 2017, 05:06:35 PM
No, well, yes, but just as headlines, tl;dr.  I'm so disgusted over what's happening here, I didn't/don't want to know about any additional dysfunction anywhere else, and because, no, it probably won't matter to them when voting.
Title: Re: Is the EU Going to Topple?
Post by: John Florida on May 06, 2017, 08:02:06 PM
No, well, yes, but just as headlines, tl;dr.  I'm so disgusted over what's happening here, I didn't/don't want to know about any additional dysfunction anywhere else, and because, no, it probably won't matter to them when voting.


   *
Title: Re: Is the EU Going to Topple?
Post by: Glock32 on May 07, 2017, 02:37:41 PM
Looks like the French have voted in favor of more theater massacres and demolition derbies. Le Pen was blown out of the water. Kinda expected though.
Title: Re: Is the EU Going to Topple?
Post by: ToddF on May 07, 2017, 08:03:47 PM
 ::smallestviolin::  is always reserved for a culture that doesn't even have the will to live.  Funny, the French have always been batcrap crazy over trivial things like too many English words creeping into daily use but when real men are needed,  ::exitstageleft::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 08, 2017, 08:09:05 AM
France... 

Les visser!   ::mooning::

They've opted to continue to be Merkel's bitch and help drag the EU back 13 centuries!

The process of submitting to the Koranderthal's continues uninterrupted...

(https://westernrifleshooters.files.wordpress.com/2017/05/french-top-1024x741.jpg)

(https://westernrifleshooters.files.wordpress.com/2017/05/c_qf5gnw0aat90u.jpg)

La France est morte, laisse les mourir.

Charles Martel would not approve of his latter day countrymen...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 08, 2017, 12:07:43 PM
How come nobody here is wearing those pootie hats now that another female politician has lost another national election?

 ::pokeineye::

 ;D

Oh, and I call BS on this!

(https://westernrifleshooters.files.wordpress.com/2017/05/europemaphudna-1.gif)

H/T-WRSA

2067?  Pah!  Try 2037 max!!!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 10, 2017, 07:32:21 AM
(https://uploads.disquscdn.com/images/6ae26ffc2370ea0d6aa03c218e939d155ab3178eda20b70bb90edfc6f1a36294.jpg)

(https://uploads.disquscdn.com/images/b64f870ae943e1582e0d0f56f52d0fb4bebbc3ab9eb4963c45c6eb5732636c8a.jpg)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 12, 2017, 11:49:46 AM
(https://uploads.disquscdn.com/images/2dccc2a9b09295b9746c4d4f091e9a1e029734985efbaf784adaf77220a86ae5.jpg)

Title: Re: Is the EU Going to Topple?
Post by: richb on May 13, 2017, 04:31:35 PM
We finally get rid of our Obama,  now Canada,  South Korea and France elect their versions of his clone.   Never spared for a second.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on May 15, 2017, 12:27:39 PM
Yes...and not just in America does the Goebbels Media refer to "moderates" as "conservatives"...

https://ca.news.yahoo.com/frances-macron-picks-pm-blowing-apart-old-boundaries-130349303--business.html

...instead of the more appropriately labeled lap-dog leftists...

 ::mooning::

Not gonna matter one damn bit!  The capitulation to the rabid 7th century savage invaders will continue.

 ::)  Allez vous baiser!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on June 26, 2017, 08:18:25 AM
(https://westernrifleshooters.files.wordpress.com/2017/06/raw.jpg)

Long fall from the likes of Charles Martel...
 ::facepalm::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 20, 2017, 07:39:51 AM
Let ECB's Super Mario handle this...should be entertaining...

http://www.zerohedge.com/news/2017-07-19/bill-blain-here-southern-europes-next-tipping-point (http://www.zerohedge.com/news/2017-07-19/bill-blain-here-southern-europes-next-tipping-point)

Italy = Greece Fleece 2.0?
Title: Re: Is the EU Going to Topple?
Post by: Libertas on July 27, 2017, 12:28:37 PM
Sweden is ripe for chaos (http://www.zerohedge.com/news/2017-07-26/swedish-government-crisis-after-admitting-disastrous-accidental-leak-entire-nations-), PM refuses to go quietly (http://www.zerohedge.com/news/2017-07-27/krona-sinks-after-swedish-pm-refuses-resign-reshuffles-cabinet-over-disastrous-leak) and now the EuroThugs are pushing Islaminal Rapefugees down the throats of Hungary and Poland (http://www.zerohedge.com/news/2017-07-26/eu-force-poland-hungary-and-czech-republic-accept-refugees)...the latter is sacking judges and both should take this thuggery as a declaration of war!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on August 08, 2017, 07:19:43 AM
Reparations!

Heh, I like it!

http://www.zerohedge.com/news/2017-08-07/poland-may-demand-billions-reparations-germany-world-war-ii (http://www.zerohedge.com/news/2017-08-07/poland-may-demand-billions-reparations-germany-world-war-ii)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 14, 2017, 07:18:14 AM
The Bat in the Belfry - Juncker:

http://www.zerohedge.com/news/2017-09-13/juncker-unveils-grand-vision-united-states-europe (http://www.zerohedge.com/news/2017-09-13/juncker-unveils-grand-vision-united-states-europe)

Another "see if I care" moment in history...

 ::mooning::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 15, 2017, 07:28:44 AM
http://www.zerohedge.com/news/2017-09-14/catalan-independence-vote-october-1-why-whats-stake-what-do-polls-suggest (http://www.zerohedge.com/news/2017-09-14/catalan-independence-vote-october-1-why-whats-stake-what-do-polls-suggest)

Naturally my advice is consistent...get out of the EU...

Title: Re: Is the EU Going to Topple?
Post by: John Florida on September 15, 2017, 01:55:53 PM
  Get out while you can.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 20, 2017, 11:51:47 AM
Well, they didn't even wait until after the vote...

The Empire Struck Preemptively!

http://www.zerohedge.com/news/2017-09-20/we-are-state-siege-spanish-police-arrest-top-catalan-officials-referendum-raids (http://www.zerohedge.com/news/2017-09-20/we-are-state-siege-spanish-police-arrest-top-catalan-officials-referendum-raids)

Title: Re: Is the EU Going to Topple?
Post by: Libertas on September 29, 2017, 08:53:07 AM
Clock is ticking...

https://www.weaselzippers.us/358799-report-europe-to-be-majority-muslim-within-two-generations/ (https://www.weaselzippers.us/358799-report-europe-to-be-majority-muslim-within-two-generations/)

If you don't GTFO...

 ::smallestviolin::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 04, 2017, 07:34:15 AM
http://news.trust.org/item/20171004112122-805c3 (http://news.trust.org/item/20171004112122-805c3)

Everybody should declare Independence from assholes!!!
Title: Re: Is the EU Going to Topple?
Post by: ToddF on October 05, 2017, 11:24:39 AM
Yep.  Probably wouldn't have won if Spain didn't go Full Retard.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 12, 2017, 11:50:18 AM
Economics, Politics...Stanic Death Cult (https://www.weaselzippers.us/360285-british-police-officer-fired-for-offending-muslim-terrorists/)...Europe is way ahead in the planned mass suicide of Western culture...

 ::mooning::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 16, 2017, 07:17:29 AM
Things getting interesting in Austria...

https://www.yahoo.com/news/austrias-kurz-europes-youngest-leader-waiting-180917117.html (https://www.yahoo.com/news/austrias-kurz-europes-youngest-leader-waiting-180917117.html)

...poor EU, brush fires everywhere...

 ::smallestviolin::

On the humorous side...

https://www.yahoo.com/news/france-plans-instant-fines-cat-calling-women-110204315.html (https://www.yahoo.com/news/france-plans-instant-fines-cat-calling-women-110204315.html)

...no mention of the Islamists version - open groping and raping, they must be OK with that...glad they know their tolerance levels, eh?

Minister for Gender Equality!   ::hysterical::
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 16, 2017, 10:57:25 AM
Things getting interesting in Austria...

https://www.yahoo.com/news/austrias-kurz-europes-youngest-leader-waiting-180917117.html (https://www.yahoo.com/news/austrias-kurz-europes-youngest-leader-waiting-180917117.html)

...poor EU, brush fires everywhere...

 ::smallestviolin::

On the humorous side...

https://www.yahoo.com/news/france-plans-instant-fines-cat-calling-women-110204315.html (https://www.yahoo.com/news/france-plans-instant-fines-cat-calling-women-110204315.html)

...no mention of the Islamists version - open groping and raping, they must be OK with that...glad they know their tolerance levels, eh?

Minister for Gender Equality!   ::hysterical::

  Rakes are still OK ??
Title: Re: Is the EU Going to Topple?
Post by: Pandora on October 16, 2017, 11:14:59 AM
And shovels, probably. 

RaPe, not so much.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 16, 2017, 11:40:04 AM
Speaking shovels...EU is ripe for shoveling...

https://westernrifleshooters.wordpress.com/2017/10/16/gov-viktor-orban-all-the-institutions-of-the-european-union-have-utterly-failed/

I hope we are quite a bit behind them...but I dunno some days...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 16, 2017, 01:11:48 PM
And shovels, probably. 

RaPe, not so much.

 Thank you.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on October 16, 2017, 03:08:27 PM
 ::curtsy4::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 17, 2017, 11:21:43 AM
Catalanian's told to stick their referendum up their uppity little butts!

http://www.zerohedge.com/news/2017-10-17/spain-constitutional-court-declares-catalan-referendum-void (http://www.zerohedge.com/news/2017-10-17/spain-constitutional-court-declares-catalan-referendum-void)

Yes, you little people have no vote, no independence...

If you want real independence, you're going to have to get it the old fashioned way - with violence.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 19, 2017, 07:15:55 AM
Article 155, Order 66...WTF difference does it make?

http://www.zerohedge.com/news/2017-10-19/spain-activate-article-155-process-suspending-catalonia-autonomy (http://www.zerohedge.com/news/2017-10-19/spain-activate-article-155-process-suspending-catalonia-autonomy)

No armed rebellion, no independence...it's as simple as that.
Title: Re: Is the EU Going to Topple?
Post by: Pandora on October 19, 2017, 07:57:27 AM
The Catalans have been madly importing islamics for some time now and the fear by Spain is Catalan's independence opens a much bigger gateway into Spain and Europe of the Caliphate.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 19, 2017, 11:09:45 AM
Ahh yes, the fevered dreams of a restored Grenadian Caliphate, eh?

Having that partitioned off then...would make sense then...I mean if you're other option is the let them have the whole...which seems to be the predominate choice of Euro's...

This end of civilization thing by the West really is a level of stupidity never before witnessed in the annals of human history...
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 19, 2017, 05:20:34 PM
The Catalans have been madly importing islamics for some time now and the fear by Spain is Catalan's independence opens a much bigger gateway into Spain and Europe of the Caliphate.

 When it started they didn't GAS now all of a sudden they care??   Bullsh*t!! The public face they're putting on it has nothing to do with Muslims.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 27, 2017, 10:42:18 AM
I guess they aren't intimidated by the bullies in Madrid or Brussels...

https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/ (https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/)
Title: Re: Is the EU Going to Topple?
Post by: John Florida on October 27, 2017, 05:02:36 PM
I guess they aren't intimidated by the bullies in Madrid or Brussels...

https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/ (https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/)

 Madrid is going to send in the military this isn't over till somebody ends up dead by the hundreds.
Title: Re: Is the EU Going to Topple?
Post by: Libertas on October 30, 2017, 08:15:04 AM
I guess they aren't intimidated by the bullies in Madrid or Brussels...

https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/ (https://www.weaselzippers.us/361908-breaking-catalan-parliament-votes-for-independence-from-spain/)

 Madrid is going to send in the military this isn't over till somebody ends up dead by the hundreds.

Awesome, going full-frontal thug will work wonders towards triggering a wider civil war...

I'm hard-pressed to gin up much angst over that prospect...
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 15, 2017, 07:50:56 AM
Bless Nigel...but he is barking at a hurricane!

http://www.zerohedge.com/news/2017-11-14/nigel-farage-calls-eu-investigate-george-soros (http://www.zerohedge.com/news/2017-11-14/nigel-farage-calls-eu-investigate-george-soros)

The globalist/statist cabal is entirely in the pocket of Darth Soros.

I applaud his stance and public statements though...the foundation of fault for the truly guilty in this conspiracy must be properly laid!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 20, 2017, 07:33:21 AM
Biog crack in the Merkel mantle...

http://www.zerohedge.com/news/2017-11-19/ (http://www.zerohedge.com/news/2017-11-19/)“worst-case-scenario”-looms-merkel’s-“jamaica-coalition”-collapses

...yeah, that's a shame...

 ::smallestviolin::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on November 26, 2017, 11:44:15 AM
Hardcore statist clowns never go away when asked...they'll reduce the earth to ashes instead...so I predict snap elections.  When Progs are told no they keep going until it becomes yes.  Gotta keep saying no until the nullify it openly...then it's time to throw the stinky brown stuff in the fan.

https://www.yahoo.com/news/german-far-relishes-power-merkel-struggles-012739416.html (https://www.yahoo.com/news/german-far-relishes-power-merkel-struggles-012739416.html)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 18, 2017, 08:22:04 AM
More fighting words to EuroLords!

"Christianize", "Resist Islamization"?!

http://www.zerohedge.com/news/2017-12-17/polands-new-pm-wants-make-europe-christian-again (http://www.zerohedge.com/news/2017-12-17/polands-new-pm-wants-make-europe-christian-again)

http://www.zerohedge.com/news/2017-12-17/austria-new-government-resist-islamization (http://www.zerohedge.com/news/2017-12-17/austria-new-government-resist-islamization)

Say it loud, say it proud!!!

 ::cool::
Title: Re: Is the EU Going to Topple?
Post by: patentlymn on December 18, 2017, 04:50:58 PM


Poland vs Germany at Christmas
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSwt2nRWmF_PYRCsCDsYbE6AXiOe7oVP0b08iBgzW2aJ1NSRsPUDw)

https://www.youtube.com/watch?v=-mb-wa02bOM (https://www.youtube.com/watch?v=-mb-wa02bOM)
Title: Re: Is the EU Going to Topple?
Post by: Pandora on December 18, 2017, 04:55:29 PM
The Poles don't want to have to be 'inclusive' of their 'slims, particularly on Christian holidays, so they've eliminated the problem population.

Bully for them!
Title: Re: Is the EU Going to Topple?
Post by: patentlymn on December 18, 2017, 06:03:49 PM

https://pbs.twimg.com/media/DRCjO_KX4AAxxS1.jpg
(https://pbs.twimg.com/media/DRCjO_KX4AAxxS1.jpg)
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 19, 2017, 07:52:55 AM
Merkel...that hairy-legged progeny of Stasi thugs!

 ::vafancoul::

The Poles, Czechs, Hungarians...they've had their fill of EuroTards, Muzzies and Socialists!  They are our natural ally, the rest can go screw themselves!

And that spawn of Stasi filth is threatening the Poles with Article 7 for refusing to take in the rampaging murderous scum of Mohammad!

http://www.zerohedge.com/news/2017-12-18/merkels-last-stand-article-7-poland (http://www.zerohedge.com/news/2017-12-18/merkels-last-stand-article-7-poland)

 ::cussing::  witch!

Germany is an empty shell...tell them to go ficken themselves!
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 19, 2017, 08:47:49 AM
On a related note...

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/12/13/francemig_0.PNG)

http://www.zerohedge.com/news/2017-12-18/french-mayors-panic-migrants-overwhelm-cities-publish-joint-letter-begging-macron-he (http://www.zerohedge.com/news/2017-12-18/french-mayors-panic-migrants-overwhelm-cities-publish-joint-letter-begging-macron-he)

La France est baisée!

 ::mooning::

Title: Re: Is the EU Going to Topple?
Post by: ToddF on December 19, 2017, 06:42:04 PM
Twas the week before Christmas and not a barrier in sight.  Come to think of it, no Muslims in sight, either.

Title: Re: Is the EU Going to Topple?
Post by: Pandora on December 19, 2017, 06:57:51 PM
Ok, now yer jist braggin'.
Title: Re: Is the EU Going to Topple?
Post by: ToddF on December 19, 2017, 07:18:56 PM
Bragging would be mentioning that it was about 65 degrees during our stroll through Christmasland.

 ::pimp::
Title: Re: Is the EU Going to Topple?
Post by: Libertas on December 20, 2017, 07:06:15 AM
I'd say he has a duty to brag...especially about the lack of barriers and Satanic cultists!

 ::thumbsup::