IMF wants a federal Europe
http://www.telegraph.co.uk/finance/f...to-Europe.html
IMF's Dominique Strauss-Kahn wants fiscal and reform powers given to Europe
A federal Europe, with more sovereign power ceded to the centre, is the best defence against any future crisis, the head of the International Monetary Fund has declared.
Quote:
Warning that "the sovereign crisis is not over", Dominique Strauss-Kahn, the IMF managing director and a likely French presidential candidate, called on the European Union to move responsibility for fiscal discipline and structural reform to a central body that is free from the influences of member states.
The proposal from so powerful a figure will dismay Ireland and other peripheral euro-zone nations already fearful of a loss of sovereignty as the price of a bail-out. Ireland is expected to agree a rescue of up to €100bn (£85bn) within days, in the form of a low-cost loan to shore up the banks.
The scale of Ireland's problems was laid bare on Friday by Allied Irish Banks, which revealed that it has lost €13bn of customer deposits – mostly "institutional and corporate" – since the start of the year, 17pc of its entire deposit base.
Its reliance on funding from "monetary authorities" has risen to €27bn from a "high single-digit" billions at the end of June, a spokesman said. Allied now has just €11bn of acceptable collateral left to pledge to institutions like the European Central Bank.
Allied's numbers sent a fresh wave of panic through the markets, pushing Irish bond yields higher and erasing some of the euro's earlier gains.
So lets get this straight, one unelected politician (because who the hell elects the IMF?) is telling me that my country should be in normal speak dissolved and that my country would be better run by another group of unelected politicians who lie within the European Union. This is all just one part of a plan for world government, in the words of the famous David Rockefeller (part of the immensely powerful Rockefeller banking family) quote;
"We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promise of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march toward a world government. The super-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." - David Rockefeller speaking to his fellow global socialists at a meeting in Baden-Baden, Germany, June 1991
These people are so dangerous to democracy and as they are unelected, they seemingly have no boundaries to their crazy utopist ideals - as the famous quote goes 'never waste a good crisis'. The best thing for Ireland to do (as many economists point out) is to leave the Euro and declare bankruptcy as the bailout for Ireland is nothing more than another loan ontop of the other loans they will have to pay back one day.
These people are not consulting the people they serve, it is undemocratic and it is downright dangerous what they plan. The same is happening in the United States where people like Ron Paul have been trying to make people wake up and listen - but as he said only a few weeks ago; that if people want to be treated like cattle then they will be treated as cattle. The 'New World Order' sounds crazy, as the idea is - but you only have to research the likes of the Bilderburg Group members, Rockefeller family, the IMF, Maurice Strong & the UN and so forth to reach a conclusion that something is not right.
The U.S. and European nations are still borrowing beyond their means (including the UK even with these 'cuts') and one day these loans will have to be paid back - in many cases it cannot be paid back simply because they've borrowed too much and thus they should declare bankruptcy to wipe away those debts. The only reason the banks were 'rescued' was to stop the bankers losing out on the money - the banks should lose out because they were the ones who issued these unpayable loans in the first place.
The worst is still to come it seems, both in finance and the survival of sovereignty.
Thoughts?
