-:Undertaker:-
19-06-2012, 12:15 PM
http://blogs.telegraph.co.uk/news/davidhughes/100166386/at-last-we-know-who-is-to-blame-for-the-eurozone-meltdown-its-the-americans/
At last we know who is to blame for the eurozone meltdown – it’s the Americans!
http://blogs.telegraph.co.uk/news/files/2012/06/barroso_1710482c.jpg
"We are without sin"
The pressure is starting to tell. At the G20 summit in Mexico Jose Manuel Barroso, the President of the European Council, finally lost it. Asked by a Canadian journalist to explain why North Americans should "risk their assets to help Europe" (not an unfair question, in the circumstances), Barroso replied:
Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy. This crisis was not originated in Europe… seeing as you mention North America, this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, from some sectors of the financial market.
Dear me. The eurozone crisis is threatening to drag down the entire global economy and all we get from the EU’s most senior bureaucrat is a hissy-fit. Barroso’s outburst is actually a perfect illustration of the EU elite’s warped and resentful view of the world’s largest economy. The last time I heard anything like this was when Gordon Brown was still in charge and insisted on reminding us ad nauseam that the credit crunch was an American phenomenon, as though British banks were a model of fiscal probity. Barroso and his chums are convinced they are the victims of this crisis, not its architects. The creation of a monetary union without a fiscal and political union, as well as the way the rules were cynically and systematically twisted to allow countries like Greece to join, have conspired to cause this slo-mo train wreck. Yet Barroso claims it was all about jiggery-pokery by some Americian banks. This stupendous level of self-delusion is truly depressing. If the EU’s leaders believe this stuff, they haven’t a hope in hell of resolving this crisis.
Of course it is Barroso! I mean, it's not as if the EU made the stupid decision of creating a common currency before fiscal and political union now is it? it's not as if the EU forced numerous countries into the Euro against the wishes of the people in those countries is it? the man is utterly mad.
Secondly, the 'ex-maoist' says he's not there to be lectured on democracy ... well considering he, Herman Van Rompuy and the rest of the EU Commission are unelected.. that doesn't come as a surprise.
I'll just post a few of the comments;
This President who has not received the democratic mandate from the peoples of Europe is hardly one able or justified to lecture the G20 or the USA on the principles of democracy.
This former Maoist Communist is probably one of the biggest threats to Global peace and western economic security in our time.
"Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy"
No. We are just here for your money. Hand it over, please. My colleague Mme Lagarde is organising the collection, so please leave your contribution in the large bag she has helpfully brought along.
He was quite restrained really. He usually blames everything on all anglo-saxons.
Barroso:
"Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy."
How this unelected, ex communist (Maoist), economicaly illiterate pygmie has the rind to make that statement is quite simply breathtaking.
And what the hell is he doing at the G20 junket for World LEADERS?
Without exception, all the other leaders have had to go through some sort of election, even if they are somewhat flaky. This Portuguese nobody on £300,000+ Tax free has no right to be saying anything to anyone, until I and 300 million other Europeans have some sort of say in whether he should hold the office of President of the European Council or not.
The bunker mentality of Barroso.
Thoughts?
At last we know who is to blame for the eurozone meltdown – it’s the Americans!
http://blogs.telegraph.co.uk/news/files/2012/06/barroso_1710482c.jpg
"We are without sin"
The pressure is starting to tell. At the G20 summit in Mexico Jose Manuel Barroso, the President of the European Council, finally lost it. Asked by a Canadian journalist to explain why North Americans should "risk their assets to help Europe" (not an unfair question, in the circumstances), Barroso replied:
Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy. This crisis was not originated in Europe… seeing as you mention North America, this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, from some sectors of the financial market.
Dear me. The eurozone crisis is threatening to drag down the entire global economy and all we get from the EU’s most senior bureaucrat is a hissy-fit. Barroso’s outburst is actually a perfect illustration of the EU elite’s warped and resentful view of the world’s largest economy. The last time I heard anything like this was when Gordon Brown was still in charge and insisted on reminding us ad nauseam that the credit crunch was an American phenomenon, as though British banks were a model of fiscal probity. Barroso and his chums are convinced they are the victims of this crisis, not its architects. The creation of a monetary union without a fiscal and political union, as well as the way the rules were cynically and systematically twisted to allow countries like Greece to join, have conspired to cause this slo-mo train wreck. Yet Barroso claims it was all about jiggery-pokery by some Americian banks. This stupendous level of self-delusion is truly depressing. If the EU’s leaders believe this stuff, they haven’t a hope in hell of resolving this crisis.
Of course it is Barroso! I mean, it's not as if the EU made the stupid decision of creating a common currency before fiscal and political union now is it? it's not as if the EU forced numerous countries into the Euro against the wishes of the people in those countries is it? the man is utterly mad.
Secondly, the 'ex-maoist' says he's not there to be lectured on democracy ... well considering he, Herman Van Rompuy and the rest of the EU Commission are unelected.. that doesn't come as a surprise.
I'll just post a few of the comments;
This President who has not received the democratic mandate from the peoples of Europe is hardly one able or justified to lecture the G20 or the USA on the principles of democracy.
This former Maoist Communist is probably one of the biggest threats to Global peace and western economic security in our time.
"Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy"
No. We are just here for your money. Hand it over, please. My colleague Mme Lagarde is organising the collection, so please leave your contribution in the large bag she has helpfully brought along.
He was quite restrained really. He usually blames everything on all anglo-saxons.
Barroso:
"Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy."
How this unelected, ex communist (Maoist), economicaly illiterate pygmie has the rind to make that statement is quite simply breathtaking.
And what the hell is he doing at the G20 junket for World LEADERS?
Without exception, all the other leaders have had to go through some sort of election, even if they are somewhat flaky. This Portuguese nobody on £300,000+ Tax free has no right to be saying anything to anyone, until I and 300 million other Europeans have some sort of say in whether he should hold the office of President of the European Council or not.
The bunker mentality of Barroso.
Thoughts?