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French President Calls For The Creation Of United States Of Europe
On Friday, SocGen's Albert Edwards was confused: when describing the events of last weekend, when Greece seemed on the verge of being "temporarily" exiled from Europe thus confirming once and for all that the Euro is in fact quite reversible, it was not Germany against France, a France whose total government liabilities assure that its countdown to sovereign insolvency is just a few years behind that of Greece...
... but France alongside Germany, playing the good cop to Schauble's now traditional "Dr Evil" routine. To wit:
[what] surprised me over the weekend was France’s position. I was not in any way surprised that Germany was able to gather a huge number of allies to its camp, with its traditional fiscally conservatively minded allies such as Finland, Holland and Austria, as well as many central European governments. I was not even surprised that other countries previously crushed by austerity, Spain, Ireland etc., were firmly in the Germany camp too. But I was really surprised that French authorities did not stand up to say what was happening was unacceptable, unsustainable, and indeed unfair, and that they would have no part of it.
The reason why I am surprised that France went along with this extreme and humiliating austerity programme – and the effective removal of sovereignty forced on Greece – is simply its own self-interest, for France could itself end up in the firing line. The problem France will surely find further down the road is that its own debt dynamics and sustainability is also highlyquestionable. Estimates we have used before with calculations for the present value of unfunded liabilities (as a % of GDP) show that actually it is not Spain or Italy that have the worst long-term debt sustainability issues; it is the US and France, and then next in line, surprisingly, Germany.
We said that we found France's capitulation "far less surprising: ultimately Hollande's sole focus was to preserve near-term stability (and his job) at any cost, if only until the 2017 French elections, which he is guaranteed to lose. Even if the French fiscal and solvency situation deteriorates dramatically over the next two years (and it will because as we showed in June, France has now had 80 consecutive months of record unemployment as a result of yet another socialist economic failure), by the time the world wakes up it will be someone else's problem, most likely that of Marine Le Pen, at which point the only way to resolve the French "problem" will by through the printing of French Francs."
Today Bloomberg confirmed just that, when it reported that instead of seeking a mathematical resolution to France's unsustainable government liability brick wall, Hollande is now likewise prepared to follow in Tsipras' footsteps and hand over French sovereignty to a German-led European "government" if it means extending the unsustainable French status quo as long as possible. To wit:
French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget and parliament to cooperate better and overcome the Greek crisis.
“Circumstances are leading us to accelerate,” Hollande said in an opinion piece published by the Journal du Dimanche on Sunday. “What threatens us is not too much Europe, but a lack of it.”
In other words, France just called for the creation of the United States Of Europe, where the dominant power (Germany) is in charge, and where the people of all the smaller, weaker countries, pardon pro forma European states, are merely slaves. See Greece.
And speaking of Greece, somehow we doubt the insolvent nation, which justt last week just handed over its sovereignty to Germany and Brussels, feels there is a "lack of Europe."
While the euro zone has a common currency, fiscal and economic policies remain mostly in the hands of each member state. European Central Bank President Mario Draghi made a plea this week for deeper cooperation between the euro members after political squabbles over Greece almost led to a rupture in the single currency.
Countries in favor of more integration should move ahead, forming an “avant-garde,” Hollande said.
“Europe has let its institutions weaken and the 28 European Union member countries are struggling to agree to move ahead,” Hollande said on Sunday in a text which was also a homage to his mentor Jacques Delors, a former European Commission President who proposed similar ideas. Draghi called for the creation of a shared treasury within 10 years in a joint proposal with politicians.
Well, of course Draghi would call for that: after all, the more "globalized" end markets are, and the greater the stock of monetizable debt collateralized by a supergovernment, the greater the profits for Goldman (followed shortly thereafter by a global government controlled by the Inner Party; call it "Oceania" for lack of a better made up word).
Not to mention that what would happen in Hollande's "avant-garde" world is that Germany will have achieved its World War II goal of taking over Europe without firing a single shot, with every other country, first Greece now France, and everyone inbetween, handing over its sovereignty to the Bundestag (not to mention to German exporters) to run the show.
As for Hollande, and his all time low approval rating, his immediate concern is not how to hand over Paris to Berlin, but how to prevent Marine Le Pen aka "Madame Frexit" from taking his seat in two years because as we wrote before the Greek referendum was even announced, "Forget Grexit, "Madame Frexit" Says France Is Next: French Presidential Frontrunner Wants Out Of "Failed" Euro."
Greece is now a sideshow even as its economy implodes completely and the country ultimately exits the Euro - the real question is can Germany build on the Hollande momentum to finally implement a Berlin-controlled, Frankfurt-funded "government" before Le Pen crushes the European dream, or nightmare as it is better known in Greece and for the half of Europe's peripheral youth who are permanently unemployed, once and for all.
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release the hounds
While you're at it don't forget the kraken...
The mark of a true Socialist...we just haven't gone far enough yet.
What Europe really needs is to rid itself of the Brussels parasitic super government. Without Brussels, each european would receive the equivalent of a 10-20% tax cut, plus far more freedom for entrepreneurs to innovate and create, instead of stifled by the dead hand of oppressive regulation. EU and the world needs more freedom, not less.
Using any derivative of the word "parasite" in the same sentence as the word "government" is redundant. it's like saying "parasitic parasite".
France doesn't want to become like Greece so wants to lock in German funding within a new "United" Europe, just like the poorer US States receive subsidies from wealthier States of the Union?
@LatinaLover +1000 You are so right. Farage is the only Politician who sees the complete picture and wants to restore National Sovereignty within a DEMOCRATIC structure. The peoples of Europe DONT WANT a United States of Europe with a Flag and Anthem but a Free Trade area of individual Sovereign States each with its own language, culture, Sovereignty and Legal system. But of course the "Euroelites" are disgusted by the concept of elections and the people deciding for themselves because the Elites know what is best for everyone. This was amply demonstarted by the contempt shown for the referendum in Greece.
Enter Ghordius in 3..2..1........
Well, it's that or build another Maginot Line.
Moar Cow Shit
From Chaos, Order
They would do well borrowing our Constitution while we aren't using it. Maybe we will start to miss it and want to get it back.
" They would do well borrowing our Constitution while we aren't using it. Maybe we will start to miss it and want to get it back. "
For God's sake not the SECOND Constitution. That one enshrined Federalism and our doom here in Amerca.
Better the FIRST Constitution....the Articles of Confederation. But of course....with its emphasis on states' rights, that would mean the breakup of the United States of Europe. All the more reason to adopt that one.
truth. America died that day they abandoned the articles of confederation. THis guy does sound like a true socialist/statist/keynesian. "The only reason our policies havent worked i because we havent tried them enough". Its one of those statements that is almost impossible to disprove because in order to try thier theory and then disprove it would pretty much require time travel... Kinda like "the stimulus would have worked if it was bigger" "the reason why we weren't able to spend our way out of the recession with big deficits is because the deficits weren't big enough". Makes sense if you don't think about it...
multiculturalism equates to turning many different and glorious people and cultures
into pointless mud people with no culture or national identity past a soccer team.
Yes, he sounds like a national-socialist, but how many hear the trumpets of the 4th Reich?!
Actually it has been tried in a land not so far away (from France) and a time not so long ago. The French Tickler needs to read up on the Soviet Union, or any of its former satelite nations.
How it turns out can be found in the journals of history around 25 years ago.
I especially favor the ending in Romania.
" Moar Cow Shit
From Chaos, Order "
Right knuks.....and to add to that......"Novus Ordo Seclorum"
https://en.wikipedia.org/wiki/Novus_ordo_seclorum
France has nuclear weapons.
Germany does not yet have any nuclear weapons.
Germany is gettin rid of their nuke power stations.
Maybe Germany wants French nuclear weapons?
I think they might.
It just depends on the manner in which the french intend to deliver them...
The Nazis stole a lot of weapons from the Czechs when Germany invaded, was it 1939?
Incidentally, I forgot to note above that NONE of the Heads of the Institutions deciding the fate of Greece (The IMF, The ECB and The European Parliament) was actually elected by the peoples of Europe. So, regarding the absence of democracy within a totalitarian EU aparatus, I rest my case.
Enter Ghordius (About the "Narrow Anglo-Saxon perspective which never really understood the greater glory that is the "Grand European experiment") in.....a while, it's still only 3AM CET and one thing that Eurocrats do well is sleep....
even tossing nukes the french would lose
The Germans will never lend them the euros to do that.
They'll have to settle for an iMaginot Line.
Maginot Line...that worked well
By and large agree with you on Farage. He speaks his truth and unlike many people in politics, seems to be guided by an inner compass of common sense. Watched a video of a great presentation given in the US by Farage (posted by a commenter on another site), and the Q&A 2nd was as good, if not better than the presentation.
Presentation: https://www.youtube.com/watch?v=KYTsNqZxNIo
Q & A: https://www.youtube.com/watch?v=WaaGMrsOzGY
Don't always agree with Paul Craig Roberts, but check out his site on occassion. He was once again talking about US imperialism, depredations, etc., from his perspective, as he is wont to do, but the way he arranged the pieces of his argument made me wonder if perhaps a driving factor behind the growing EU integration push is an attempt to get into a better position to resist US "imperialism"/unilateralism in Europe. Corporations such as BNP Paribas, Deutsche Bank and others that have been fined billions of $ may be more than happy to support such an efforts for reasons completely unrelated to the NWO or Brussels bureaucrats hunger for power memes. Via the Ukraine, the EU is taking the brunt of the ongoing proxy war between the US and Russia. The "West" has been viewed as a US/European amalgam. Perhaps some in Europe want a divorce, or at least a trial separation, and think it might be better accomplished through the strength in numbers approach, even if it is at the cost of democracy. Just an idea.
http://www.paulcraigroberts.org/2015/07/17/greeces-lesson-russia-paul-craig-roberts/
I see it exactly the same. What it takes I think to see these deep lines is to have lived actively actually for years in Western & Eastern Europe and North America to build a nose and recognize social & economical patterns and the differences. Once you accumulate this know-how foreseeing the future developments is pretty easy and I think this is why also PCS is mostly hitting the nail with his analysis due to the track of his life. All societies evolve accordingly to the local aspects and nuances of the same archetypes as Jung described them so for people with proper training and tools understanding the big picture is not an unachievable task.
http://psychology.about.com/od/personalitydevelopment/tp/archetypes.htm
Not very familiar with Jung. Perhaps that should change. Imo, as the ego (or I least what I consider "ego") weakens, and along with it the need to be "right", the self-reinforcing perceptual filters that flow from our beliefs similarly weaken. More is visible when you approach the world with a desire to see, versus validate. Experience and a broader vantage point certainly give a leg up and PCR has both to a far greater extent than most.
The situation of the governmental failures inside the EU is spinning out of control, so naturally, Hollande (the good socialist-banking prick that he is) calls for a super-governace!
I can hardly wait to hear the opinions of some Spaniard (wup, excuse me, Euo-Peon) who has never heard of Tsipras and what effect he might have on his lifestyle.
I'm long popcorn ;-)
Eurapeon
Sounds like a pretty apt description.
FORWARD!!
The United States of Europe is going to happen. I think everyone can now see this in the tea leaves.
The Eurozone crisis will merely determine where the USE borders will eventually lie.
They will continue to amass biblical debts before the ECB inflates it all away with a currency crisis, followed by a revaluation and a new semi-fiat currency backed by luxury cars and perfume.
I expect the UK would fall on the outside, because the UK always follows the U.S. business cycle rather than the European one. Even tho Washington wants the UK in Europe I think the Brits are still far to suspicious of the whole Europe thing.
The British just aren't European. They are culturally too individualistic to ever recognise some large collective with whom they cannot converse.
Should be great fun to watch.
Imagine the debate to be had at the very First Euro-Peon Congress as to taxation without representation or in the Euro-Peon case...vice versa ;-)
I presume that would be fiat gold plated luxury cars and gold bottles of perfume.
Of course France wants a central gov. For years they've been trying to get Germany to pay for their extreme form of socialism. Germany, of course, doesn't want to give up all their hard work and success to a bunch of lazy bums.
Austerity will be coming to France, Italy and Spain unless they can find someone else's money to spend. Protect yours or suffer like the poor Greeks are now.
bingo. Let's see,
the US Government does not discourage financial irresponsibility at the state level.
The states do not discourage financial irresponsibility at the county and city level.
The school districts are out of control...
So....I'm not sure about the rationale. Here's what you can do Mr. President. Let the free markets dictate interest rates...prudent debt investors will take care of the rest.
Are their not some states that require balanced budgets?
Yep... Imagine 400 million socialists feverishly trying to steal from each other. It will be a glorious explosion in the end!!!
It is ALREADY happening in the EU.
From day one of the European parliament.
Yep!
"we just haven't gone far enough yet".
Alternatively -- ""we just haven't gone 'fair' enough yet"".
;-)
Hmm, would this be an elected EU government -or- yet more appointed numpties on the payroll of the banks?
All numpties are banker numpties...
Who owns the German Central Bank?
Roth-schilds and their privately owned partners?
Is it located in Frankfurt?
I have seen reports saying the Roth-schilds are Trillionaires.
Better as a starter for this USE....we'll give you all our blacks. That'll get you into the spirit of things!
They already have the towel heads and gracefully say "No Thank You".
Wow the conspiracy theorist in me just went into overdrive. “Hey let’s let this Greek thing play out and turn into a real mess, never let a good crisis go to waste after all.”
Yup. They broke it so now they get to "fix" it.
There were numerous discussions about the need for complete economic and POLITICAL integration as being a prerequisite to the implementation of a common currency union before the EU was even brought into existance.
But they were afraid the muttonheads wouldn't want to give up their quaint and outdated national sovereignties...
Mutton is popular in Britain.
And New Zealand.
Muttonheads are what's on the menu...
They surrendered before the teams were even decided.
I guess when you are French, why wait.
What is his approval rating any how?
@Badsamm
So stupid, the 'ol French surrender jokes !
All this ugly disdain and nasty jokes come from the firm refusal of the French to join America in Irak, in 2003.
Since France refused to go to Iraq, American warmongers and neo-cons made French army look like cowards – as a punishment.
But History has proved the French were right, and that the WMD were only a dirty trick to serve as a pretext.
Nevertheless, the hate of American warmongers against France remains still there, well alive, even in ZH.
This stale hate still shows through "innocent good jokes" about the “surrender monkeys” and their white flags …
As for the rest, the French can be proud of their Military History:
According to the British historian Niall Ferguson, since 387 BC, France has fought 168 major wars against such badasses as the Roman Empire, the British Army and the Turkish forces. Their track record isn't too shabby, either: They've won 109, lost 49 and drawn 10 times.
This makes France the most successful military power in European history - in terms of number of fought and won …
The French have succeeded to conquer and guard the largest country in Europe.
http://en.wikipedia.org/wiki/Military_history_of_France
**AHEM** Tylers.....you missed this part.
Draghi called for...... the creation of a shared treasury within 10 years...... in a joint proposal with politicians including European Commission President Jean-Claude Juncker and Eurogroup President Jeroen Dijsselbloem last month.
In the words of the Joker......" And here....we....GO ! "
Ready the Guillotines.
Arkansas stone or bastard file, Boss?
So the real problem behind today's financial crisis was that theGlobalists who designed it and the unelected EU bureaucrats who ran it didn't have enough power.
The people causing the crisis,usually use the excuse that they dont have enough power to prevent it.
lol
Its idiotic.
A United States of europe would not work as the United States.
The US was created over a blank land-scape free from geopolitical alignments for the most part.... a few indians to kick into the ocean a few trade deals etc.. and the country was formed and manifested as a living union.
To undo 1000s of years of war, strife, racial tension , oppression and poverty in Europe between states.... not likely to happen.
The only way to make a "United States of Europe" is if WWIII happened and there was only one nation left standing in Europe.... such a nation would have to be forged out of the kiln of war, not politics.
Greece is Greece, France is France..... Germany is... nazi land... nothing is going to change anytime soon.
"The only way to make a "United States of Europe" is if WWIII happened..."
You are catching on to the Globalist plan fast. They don't like it when you do that. But if complete integration at the EU still doesn't work then they will have to make it even larger somehow.
And yes it is idiotic unless you are a Globalist psychopath who wants to control the world. I say "world" because this preplanned amalgamation, for better or worse (u-pik) doesn't end in Europe.
USA in the past spoke only English, or the immigrants soon learned English.
But today the NWO seeks to destroy USA by diversity.
US of Europe will not work until they all speak one language,
but massive immigration of foreigners is again contrary to that goal.
Maybe TPTB do not want a unified Europe or USA?
Divide and Conquer.
And we bought alot of it.
Fifteen years ago I thought the insults the yankees were throwing at us were outrageous; now I realize they were merely ahead of their time.
It's pretty amazing how this is all going according to plan. One world government, a few big steps at a time. I'm sure the Asian Pacific Trade Cluster Fuck (APTCF) has some provision somewhere about how significant elements of U.S. trade policy must be approved by bankers as well.
Trudat, LTER. The plan for M&A of sovereign nations has been long in the works, and Greece is being used as the excuse for the implementation. First Europe, then North and South Americas, then Asia.
People always say you can't just M&A away thousands of years of generational European hatred amongst the tribes. After a couple more generations of pussification, we will get to see how true that is...
While i agree with what you are saying, no fucking way this happens to the USSA. The "folks" simply will not stand for it my friend. It will be worse than the Civil War...
There are many forces at play, amigo. Media and gub forces are minor compared to the damage done to us by environmental means. In twenty years, there will be a shitload of autistic people everywhere and whatever local-gubberning units (NWO-centralized or not) world-over will want to move further into the concretization of cradle-to-grave "care" systems.
You're thinking of 20th centry grandpas who won't stand for such things. Give it two more generations...
http://sustainablepulse.com/2014/01/15/gm-bt-corn-causes-infertility-rat...
Let's thank the god's we're not rats. In the meantime someone should really check out the effects on humans.
You know... unless that's a propriety trade secret or something important.
Lab rats are used for testing Human biology.
Then there is the story about vaccines containing secret ingredients that cause the immune system to destroy fertility in women.
Probably something similar for men.
Not to mention all the estrogen-like chemicals in plastics and the environment causing sperm count declines and male feminization.
The NWO loves Gays who don't reproduce biologically.
That's why they want everyones guns.
Or hatred against the Tribe?
Pussification through fear of imprisonment from the denial of questionable/false accounts that are held to be universal truths.
We can expect similar treatment of nine-elevs questioners here.
it will be interesting to see how this all plays out. portugal, spain, then italy are up next. The same thing is going to happen there. None of those countries are remotely sustainable. I always have beer and popcorn ready. SHould be entertaining to watch.
Shhhh! Don't tell anyone...
http://redefininggod.com/understanding-the-nwo-strategy/
" It's pretty amazing how this is all going according to plan. One world government, a few big steps at a time. I'm sure the Asian Pacific Trade Cluster Fuck (APTCF) has some provision somewhere about how significant elements of U.S. trade policy must be approved by bankers as well. "
The world is a business Mr. Beale.
https://www.youtube.com/watch?v=V9XeyBd_IuA
Those are going to be some pretty big states !!!!
It would never work. Too many different cultures, languages and diversity. Some of these countries have hated each other for ever. The USA has a hard enough time getting along with north & south, red vs. blue.
Perfect!
Signed,
TPTB
Yes, TPTB who wishes for diversity and chaos and destruction of White and nominally Christian nations?
Jewish Freemasonry and all their Satanic spawn.
George Orwell really was an oracle of the highest caliber.
You might even say a Cassandra, considering how few really think about what Orwell wrote.
Problem. Reaction. Solution.
Problem. Reaction. Bigger problem.
A quick look at Wikipedia on Greek shipping shows why this is The Great Red Dragon's Snakes In Suits latest attempts to control all of Europe.
https://en.wikipedia.org/wiki/Greek_shipping
"Today, shipping is one of the country's most important industries. It accounts for 4.5% of GDP, employs about 160,000 people (4% of the workforce), and represents 1/3 of the country's trade deficit.[2] The Greek Merchant Navy controls 16.2% of the world's total merchant fleet, making it the largest in the world."
The old 1889 book stated that their goal is "to own the earth in fee-simple." They're certainly on their way.
Be wary for what you wish for.
I'm sure he just thought of this and nobody else had this idea in their back pockets.
ne laissez jamais une crise se perdre
https://www.youtube.com/watch?v=rvYgbXipvP8
Shocker I tell ya
sounding a lot like a new world order.
Nice false flag crisis, huh?
so we can reach that cliff even faster
Marine Le Pen will not be allowed by the Empire to run France. Surprising how many people have yet to figure out the degree of power that the Empire holds over its vassals.
The feckless idiot will never dare to submit it to a democratic vote that crap. He will be buried.
He will also soon be a footnote of history. The next election Marine Le Pen wil sweep him away, and initiate a Frenchxit....
The EU ignores election results until they get what they want.
You still believe there exists democracy, don't you! Poor soul.
Ha ha ha ha ha ha, too much..... Ha ha ha. The hits keep coming.
that way they can call it a "civil" war
Herbert W. Arstrong...Paging...Herbert W Armstrong...
For a while I received their free magazine in the mail ...
but much of it is now on the internet ...
PTL
What they want is The United States of Euro Slaves.
"Before the abolition of slavery worker was enslaved by law; now by debt and also the absence of anywhere else to go."
- John Kenneth Galbraith, The Age of Uncertainty: Ep 10 Land and People
I bet this was on the agenda at Bilderberg 2015. NWO in front of our eyes...nuff said...
it was on the Bilderberger agenda more than 50 years ago
Sure let's all pool our money and bail out the PIIGS/investors
FUCK THE NWO
What Germay couldn't win with Panzers, she will win with Euros
And no other than Mr. Hollandaise Sauce will be it's first dictator president.
If Euros think this is a good idea, by all means, form a United States of Europe.
But first, each member state has to surrender their national sovereignty. This begins by surrendering their seat at the U.N. Then, surrendering seats on any international institution.
It is either that, or North Carolina, Arkansas and the rest get a seat in the U.N.
In fact, the Euros will dance around this inconvenient requirement of their fantasy that it will be fun to watch the verbal and political contortions of them trying to have their cake and eat it too.
wait until they see the bill for having to pay for their own defense after USE deprecates NATO... lol, so much for the socialism budget...
We don't nedd your defense. NATO is not Europe's friend. The sooner it is gone, the better. Come to think of it, the sooner the USA is gone the better for all.
Here's hoping you never actually have to fight a war anywhere then!
Remember the Rent is Too Damn High party?
I think we need the Heads Gonna Roll Party.
The party platform will be:
If elected all current government officials will have their heads removed from their bodies and the people can play the sport of their choice with the skulls.
The French are always the first to run up the white flag.
@Herodotus
So stupid …
Happily for the US they didn’t surrender at Chesapeake and Yorktown ! The USA wouldn’t exist then …
In fact the French - surrounded by the Germans, English, Dutch, Italians and Spaniards (among others) - succeeded to win and guard the largest country in the very heart of Europe.
They did it by fighting 168 major wars even against such badasses as the Roman Empire, the British Army and the Turkish forces. They've won 109, lost 49 and drawn 10 times.
This makes France the most successful military power in European history - in terms of number of fought and won …
http://en.wikipedia.org/wiki/Military_history_of_France
http://en.wikipedia.org/wiki/French_Armed_Forces
One Giant Concentration Camp All Under One Roof.
One Nation United Under Zion.
Liberty is demand. Tyranny is submission..
Imagine the division fodder and amusement the Zionists will have with this:
"You are being fined for not having the correct mix of Greeks, French, and Finish in your work force."
"Today it was announced that hate-speech against the Danish is on the rise. Minister of Speech Stein said that a new permit for the use of the words "Denmark," "Danish," and "Dane" will now be required. Only 100 euro."
"We're not taking your home, but only giving half of it to a disadvantaged Polish family."
Won't be Zion.
http://redefininggod.com/understanding-the-nwo-strategy/
Will be Zion. These 'globalist families' your article refers to are all controllers of the international central banking cartel, a nest of hardcore Zionist believers who intend to force a Zionist led one world government on all. They will fail - but not before they succeed.
One hears about Beppe Grillo and Nigel Farage in the media as often as one sees Fukushima headlines.
It is a strange world.....
I’m seeing cognitive dissonance among the commenters here.
Anybody that derogates the term “socialism” needs to explain how the socialism of Scandinavia seems to work.
True, socialism can be perverted into a rent seeking scheme, where the haves are milked to give to the have nots.
But, the unseen reality of private credit money system is that it has buried rents, which are welfare for the rich. The middle class tends to fund both the rich and the poor, only this theft is in the form of prices. Since it is not overt taxation, then the sheeple just think it is normal cost of business.
The modern history of Europe was to NATIONALIZE natural monopolies. For example, absentee landlords are a rent scheme. Railroads, roads, sewers, ports, the electromagnetic spectrum; essentially all those things that are inelastic markets, can be monopolized to take rents.
Simply put, rents are unearned income resulting from privilege: absentee land rent where landowner milks their tenant; mineral and natural resource rent where business encloses the land; monopoly rent, and financial interest. Banker financial interest, or usury is a huge cost to any economy, and it is not productive.
Any economy should aim should be to prevent rent-extracting activities, which are purely predatory transfer payments, an economically unproductive zero-sum or negative sum activity.
The European solution was to take the major public utilities – transportation, communications, the post office, and also education, public health and pensions, and put them in the public domain…that is socialize them
The United States privatized these sectors, but created regulatory commissions to keep prices in line with cost-value. In the U.S. the railroads did capture the government, which is one problem with revolving door regulation.
Free markets are defined as FREE FROM RENTS, so they have the LOWEST COST VALUE. Predatory private banking schemers redefined Free Markets as to be Free from Government interference, so they could take invisible rents.
You are not free if you are an economic slave, and your output is stolen from you via hidden prices.
In the U.S., medical costs are 3X that of Japan, and 2X that of Germany. Who is getting the best cost value for their money?
that's easy... it's because Scandanavia, upon inspection, isn't socialist...
sure, they have "progressive" tax schemes and much in the way of welfare programs, but their markets are basically capitalist in nature... their businesses are also mostly free from heavy regulation, protectionism, and ultimately nationalism...
it's also worth pointing out that, if they're to be a measure of "socialist success", you wouldn't know it from looking at their GDP levels... hell, most of them would rank among the poorest states in the USA based on that measure... which leads us to productivity in general, which is an area where the USA far outshines them...
given this, we further surmise that Scandanavians in general not only make less money after taxes but also gross less than many world counterparts...
sure, you have Norway with their oil revenues and in general at face value the poor and downtrodden appear to be taken better care of in Scandanavian countries, but at the end of the day it's still a drag... if they had less socialistic tendencies it could be readily argued that they would be better off for it in many respects...
that's easy... it's because Scandanavia, upon inspection, isn't socialist...
Fair enough.... Too much socialism can turn into rents as well, as the government sector intrudes into elastic markets, or sticks its nose where it doesn't belong. My point is that the analysis always has to be from a rental cost value standpoint. Skandinavia seems to be in alignment "sort of" of with reducing cost value, and maybe going a little overboard.
Socialism does lower costs if it is properly applied to inelastic markets.
Personally, I prefer regulation and fixing the pricing mechanism; I'm not too enamoured of giving political power to governments, despite the fact that they do belong in their place.
And how do you do that? Though government offices - unless you propose to privatise the regulators as well. Big, complex industrial economies require big, complex government - that is a fact of nature - no civilisation has ever existed that once matured did not have a big government.
Exclude from the US productivity the financial industry and US will become a third world country.
The financial industry has a backing of 2mill us soldiers. Nothing else.
what you don't know about US productivity could fill volumes...
First of all, Scandinavian socialism doesn't work. As I've said many times before, the average mortgage term in Sweden is over 200 years. When you're taxed so much that you can't afford to pay off a home in one generation, the system is broken.
Pretty sure they should read ZH before making any decisions in that regard.
Dear Mr. Hollande:
You are a fucking idiot.
Best of Luck,
A ZeroHedge Reader
Germany already controls Europe. Hollande is now asking the Germans to let all power be in the hands of a body where Germany will be in a minority and, unlike now, be forced to abide by the dictates of the majority as they decide to hand out German wealth.
I'm sure Merkel, Schauble, and the German electorate will be lining up for that deal.
Very interesting perspectve. If this is indeed Hollande's play, it could put a rationale for Dexit back in play.
Germany does not rule - the international bankers rule. When will people realise that? There is no democracy - never has been - it is a farce, a facade placed over oligarchy and always will be until the oligarchy is strong enough to come out into the open - which I think they are close to doing now as they have pretty much elimiated the threat of widespread dissent.
Also, since when does an occupied country rule anything?
Wait, doesn't everyone was to be Amerika?
Amerika - Rammstein (English Subtitles)
https://www.youtube.com/watch?v=BxroiTRg7Tg
yes, everyone does, it's just that some would be dipped in boiling oil before they'd admit it...
As someone who lived in the USA for 35 years before escaping I can honestly say you are a deluded brainwashed retard like most Americans.
I wouldn't move back to the USA for a million bucks. EVER. I don't even want to visit.
Its a shithole but most people like you aren't even aware of it. You have become de sensitized .
Good riddance. You can have Obama the Indonesian and his transgender thing, too.
I lived in Holland for 8 years and couldn't stand the suffocating socialism, hyper rule-making/enforcing (if you have Dutch women who needs police?), really awful food (Albert Heijn can kiss my ass), poorly trained MDs (I worked in a hospital, don't get me started), boring-ass landscape and generally shit attitude towards anything involving actual work (must be 5 o'clock - Doei!) Good luck with the Moroccans as I'm sure things will only get better with them around.
I don't think you are completely right but as a Dutchman (left 10 years ago) I can say there is some merit to it. Mostly I was annoyed with the self censoring, self adjusting social control: do as others do. Don't do something out of the ordinary. And they are self indulgent about it too. It is a suffocating environment. All new neighborhoods are boring and all houses look the same. You often have the impression that nobody lives there cause there are hardly any children out of the street, even in summer.
I still find it a pretty country. IT has a rich culture, history and art. But we have become complacent self indulgent people (like most Western countries) and we wouldn't know what to do if TSHF. Once we were a people that fought a brutal war with the Spanish while at the same time fighting the English, French and Prussians (often all at once), creating a maritime mercantile empire and creating a country out of the sea. That was some time ago. Food was better then too :-)
Mostly I think the weather sucks.
I bet you hard money I travel more internationally in a year than you've traveled your whole life... buddy, I've seen shithole countries and the USA stands faaaaaaaar above that... hell, I'd take a Detroit suburb before the favelas in Sao Paulo, just to provide one example since anecdotes around here tend to be taken as trends (fucking idiots)...
As someone who lived in the USA for 35 years before escaping I can honestly say you are a deluded brainwashed retard like most Americans.
I wouldn't move back to the USA for a million bucks. EVER. I don't even want to visit.
Its a shithole but most people like you aren't even aware of it. You have become de sensitized .
I read some of your postings. You served in the USAF right?
What made you ultimately decide to leave the US (and move back to Holland?)?
Most people of the world just want Americans to disappear somewhere.
California Uber Alles.
Classic and absurdly transparent Hegelian dialectic...
Problem
Crisis
Solution...
These people are ridiculous.
I do not see any difference between Hollande's mouth and ass because shit pours out of both orifices.
Moar Government................
NIGHT WATCHMAN
Once upon a time the government had a vast scrap yard in the middle of a desert.
Congress said, "Someone may steal from it at Night."
So they created a night watchman position and hired a person for the job.
Then Congress said, "How does the watchman do his job without instruction?"
So they created a planning department and hired two people, one person to write the instructions, and one person to do time studies.
Then Congress said, "How will we know the night watchman is doing the tasks correctly?"
So they created a Quality Control department and hired two people. One was to do the studies and one was to write the reports.
Then Congress said, "How are these people going to get paid?"
So they created two positions: a time keeper and a payroll officer then hired two people.
Then Congress said, "Who will be accountable for all of these people?"
So they created an administrative section and hired three people, an Administrative Officer, Assistant Administrative Officer, and a Legal Secretary.
Then Congress said, "We have had this command in operation for one year and we are $918,000 over budget, we must cut back."
So they Laid-Off the Night Watchman.
As long as their official language is english, they'll be fine.
President 0 is using a massive federal housing database to determine how he can push minorities (brotesters) into better (whiter) living areas. Sort of like of bussing peeps - to permanent homes instead of schools. Why cannot a United States of Europe force posher parts of Europe to make permanent living arrangements for Greeks? Why should Monaco and the Rieviera only house non Greeks?
Who the fuck wrote this, a German? "Hollande's momentum"? Who is he kidding? Do they seriously believe the European people are ready for Oceania governmed by Frankfurt? If this happens, it will not be because of the people of Europe - it wil be a coup by the bankers and their EU technocrats and forced upon the people.
wait a moment. in Gerge Orwell's "1984" there are three superpowers: Oceania, Eurasia and Eastasia
since Oceania is roughly the old British Commonwealth plus the US, i.e. roughly the English-speaking world, and Eastasia is the Chinese led bloc...
then you would have to correct your phrase into: "Do you seriously believe the European Peoples are ready for Eurasia governed by Frankfurt?"
to which I ask: and how is it that it's Paris that is making such a proposal? which leads again to the question: what is about Paris that it's so difficult to keep the eyes on it?
Paris makes a proposal, eyes shift to Berlin and Frankfurt. Paris refuses to follow the banners to Iraq, the result is "Cheese Eating Surrendering Monkeys with Freedom Fries"
Paris shift the whole discussion about Greece.... eyes back to Berlin, Athens and back to Frankfurt
did the French invent a kind of political discussion stealth device? something that makes English speakers immediately talk about something else, whenever they do something?
or are we simply at peak propaganda, the point where eventually all those false memes accumulate to a breaking point?
Is that what the American poodle saying?
The people running the EU couldn't undersand what the founding fathers of the states shit out after a big meal. Forget about understanding the logic, principles, morals, ethics and good will of the people who fought for and won the USA. Unfortunately today's leadership in the US doesn't get it either.
Founding father of the EU are outspoken NAZIS.
German Belgian and Dutch nazis.
TO the hell with the whole EU!
They understand a bullet.
Pray God that sanity will return to France and all of Europe.
Marine le Pen.
French President 2017.
The new Jeanne d'Arc.
LOL. "In other words, France just called for the creation of the United States Of Europe, where the dominant power (Germany) is in charge, and where the people of all the smaller, weaker countries, pardon pro forma European states, are merely slaves. See Greece."
simply amazing, eh? Hollande, putting himself at the head of the combined eurozone socialists just intervened in the German-Greek spat, then proposes a eurozone parliament and budget...
... and ZH's editors use this proposal, reminiscent of "Juncker's Phantom EU Army" to harp off on the "simplified populist" meme of Germany being "the dominant power in charge" with of course "all the others mere slaves"
in short, France can lead and shift all kinds of intra-european discussions, together with it's key allies... but the "Freedom Fries" propaganda is stronger, and dominates the English-speaking discussion
then, of course, the "United States of Europe" meme kicks in, leading to all the anti-American discussions of how this is madness, and then the comments about the UN, so dear to a subset of Americans
take a big breath and look again, slowly, and just the facts:
France's Hollande proposed that 19 countries using the EUR ought to set up a common budget, and elect a common parliament to manage it
first, where is the freedom of contract and the sovereignty discussion, here? according to the critics, those 19 ought not to be allowed to do such a thing? and who decides that, pray?
second, if you look it more closely, isn't that a huge middle or warning finger raised to the UK? in the sense of: we can make the EU completely irrelevant, by shifting to a different alliance?
third, isn't France a nuclear power that once even said goodbye to NATO?
the problem here is that the ZH discussion is already so mired in patently false propagandistic memes that a proper view of reality has become too difficult