Europe // Current TV

Giornate Europee del Patrimonio - anno 2011

Torna a settembre il consueto appuntamento con le bellezze del patrimonio artistico... more

Findart
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10 months ago
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Once Upon a Time in the West

-This week, the United States nearly allowed itself to succumb to economic disaster.... more

joeeddy
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10 months ago
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Europe's resurgent far right focuses on immigration, multiculturalism

The far right in Europe has enjoyed a renaissance over the past 30 years, driven by... more

sitsi
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10 months ago
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500 Million Debt-Serfs: The European Union Is a Neo-Feudal Kleptocracy

If we knock down all the flimsy screens of artifice and obscuring complexity, what we see in Europe is a continent of debt-serfs, indentured to the banks under the whip of the European Union and its secular religion, the euro.

I know this isn't the pretty picture presented by the EU Overlords, of a prosperity built not just on debt, but on resolving the problem of debt with more debt, but it is the reality behind the eurozone's phony facade of economic "freedom."

What else can we call the stark domination of the big banks other than Neo-Feudalism? In one way or another, every one of the 27-member nations' citizens are indentured to the big international banks at risk in Europe, most of which are based in Europe.

Amidst the confusing overlay of voices and agendas, there is really only one agenda item: save the big European banks. Everything else is just mechanics. The banks are the new feudal manor houses, the bankers are the new feudal lords, and the politicians of the EU and its influential member nations are the servile vassals who enforce the "rule of law" on the serfs.

Here is the fundamental fact: there are trillions of euros of debt which can never be paid back. In a non-feudal system, one in which the banks were not the Masters, then this fact would be recognized and acted upon: something like 50% of the debt would be written off in one fell swoop, all the banks whose assets had just been wiped out would be declared insolvent and liquidated, the remaining debt would be sized to the economic surplus of each debtor nation, and a new, decentralized banking sector of dozens of strictly limited, smaller banks would be established.

To the degree that is "impossible," Europe is nothing but a Neo-Feudal Kleptocracy serving its Banker Lords.

The Greek worker whose pay has been slashed in the "austerity" demanded by the banks serves the Banker Lords, as does the German worker who will be paying higher taxes to bail out Germany and France's Banker Lords. Though the German is constantly told he is bailing out Greece, the truth is Greece is just the conduit: he's actually bailing out the EU's Banker Lords.

We can clear up much of the purposeful obfuscation by asking: exactly what tragedy befalls Europe if all the sovereign debt in the EU was wiped off the books? The one and only "tragedy" would be the destruction of the "too big to fail" banks, not just in Europe but around the world. As the big European banks imploded, then their inability to service their counterparty obligations on various derivatives to other big banks would topple those lenders.

While the political vassals call that possibility a catastrophe, it would actually spell freedom for Europe's 500 million debt serfs......

Continue at:
http://www.oftwominds.com/blogjuly11/EU-debt-serfs-6-11.htmlIf we knock down all the flimsy screens of artifice and obscuring complexity, what we... more

Schnookums
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10 months ago
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Bomb prime minister's office in Oslo

Possible terrorist attack in Norway.

Myamoto
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10 months ago
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Europe’s Travails and Our Collective Fate

An emergency meeting of European leaders in Brussels on Thursday to discuss another... more

joeeddy
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10 months ago
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Sentinel-4, the new ESA's fronteer against Global warming

The European space agency will continue to support the fight against global warming and greenhouse gases with its two new environmental satellites.
Yesterday, July 11, Volker Liebig, ESA's director of Earth Observation Programmes, and Evert Dudok, CEO of Astrium Satellites, signed a contract on July 11 worth almost €150 million to develop and build two satellite sensors, known as “Sentinel-4”, which will monitor the Earth's atmosphere as part of Europe's Global Monitoring for Environment and Security programme.
The satellites will provide data on sulphur dioxide and aerosols present over Europe from a geostationary satellite that will orbit about 36,000 km above the equator. The satellite will provide data every hour on the chemical composition of the atmosphere, including trace gases and ultraviolet radiation. The devices also will help improve the monitoring of plumes from volcanic eruptions. They will be carried on Meteosat Third Generation (MTG) weather satellites, scheduled to be launched in 2019 and 2027.
The agreement was signed in Ottobrunn, near Munich, Germany, where the headquarters of Astrium is located. Astrium is an aerospace subsidiary of EADS.
“Sentinel-4 is one of a family of five missions ESA is developing for the EU's Global Monitoring for Environment and Security (GMES) programme,” according to an ESA statement. Through GMES, experts will have reliable, timely and accurate information to manage the environment, understand and mitigate the effects of climate change and ensure civil security.
“These services will be realised through the integration of data collected from space, from the air, at sea and on the ground. However, the space component forms the backbone of the programme. ESA's first GMES satellite, Sentinel-1, is planned to be launched in 2013”, reads ESA's statement.
The programme also is based on the long-term collaboration between ESA and Eumetsat. Each full Sentinel-4 mission will carry on board the ultraviolet-visible-near-infrared spectrometer that Astrium will build, along with data from Eumetsat's thermal-infrared sensor. Both instruments will be carried on MTG-Sounder satellites.
“In addition, the Sentinel-4 mission will also make use of data from the imager that will be flown on the MTG-Imager satellites,” the statement reads.
“For example, the data from Sentinel-4 on sulphur dioxide and aerosols will complement those provided by the MTG-Imager for volcanic plume monitoring.”
MTG is a cooperative venture between Eumetsat and ESA ensuring continuity with the Meteosat Second Generation satellites currently in operation. The series will be made up of four MTG-Imaging satellites and two MTG-Sounding satellites.The European space agency will continue to support the fight against global warming... more

FrancescoCirillo
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11 months ago
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Global Graffiti Gallery -Got Graffiti ?

http://www.youtube.com/watch?v=u7DK_ukiMf4 this video and many more from Got... more

figgdimension
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11 months ago
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1 comment

President Bush Immortalised in......ALBANIA?!

A Statue of Dubya has been unveiled in the small Albanian village of Fushe Kruge. The... more

corylol
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11 months ago
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Sell, Sell, Sell: Everything Must Go in Great Fire Sale! - Europe Now 50% Off

Spain - The world's biggest annual lottery payout, Spain's famous... more

Schnookums
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11 months ago
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‘Mad Dog’ Qaddafi Threatens Europe: He’s really upset now!

The gloves are off. Colonel Gaddafi is not only vowing to stay in power – he is... more

joeeddy
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11 months ago
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Solidarity across the “Pond”: Hundreds of thousands British workers protest

British teachers and public-sector workers swapped classrooms and offices for picket... more

joeeddy
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11 months ago
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Greece is the new European Troy

Greece got their bailout package but the problems have not been solved. Read more... more

NickDoms
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11 months ago
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Mafia Favorites Still In Power

By Razia Iqbal, Hood Watch Media Admin: Italy |Sunday June 26 | It's no secret... more

Hoodwatchmedia
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11 months ago
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Cinema And Culture - EU targets Iran for supporting Syrian protest crackdown

Syria denies allegations as EU imposes sanctions against Iranian Revolutionary Guard... more

John_Doran
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11 months ago
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GIV ME

GIV ME MY PLACE, EVERYBODY GAT HIS PLACE!... more

MASSIVREX_DE
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11 months ago
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IT BEGINS, COME ON EUROPE RISE UP!!

SPAIN BEGINS THE EUROPEAN REVOLUTION AND THIS IS STILL GOING ON SINCE 15TH MAY ,TOTALL... more

figgdimension
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11 months ago
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116 comments

Valencia Spain protest demonstration 19 June 2011

sound familiar? 80,000 take to the streets to protest the corruption and fraud of... more

jmac9
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11 months ago
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UK opposing EU plan to ban the use of Tar Sands fuel in Europe

Up for feeding your eco warrior urges? Right now, EU law makers are introducing an... more

pdy
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11 months ago
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The Financial Collapse Of Greece: The Canary In The Coal Mine For The Global Economy?

The rest of the world needs to sit up and take notice of what is going on in Greece... more

Revelation1217
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11 months ago
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