Europe-wide effects of Fiscal Treaty policies - International Impoverishment, Made in Germany

Ireland's finance minster, Brian Lenihan, says the May 31 referendum will ultimately be about Irish membership in the Eurozone. So what? Why can’t Ireland leave the EU? Why must Ireland keep the ECB-controlled euro? Why can’t Ireland reclaim monetary sovereignty, and throw off the Brussels straightjacket? Why must Ireland get all its money from bonds, and from Troika bankers?

The new Slavery Treaty (euphemistically called the “Stability Treaty”) gives final and absolute power to the Troika. It guarantees permanent austerity, such that private bankers buy everything at rock-bottom prices, and keep getting bailed out by the masses.

England and the Czech Republic will not join it. Why must Ireland join it?

England the Czech Republic print their own currencies. Why can’t Ireland do the same? What did Ireland do before it adopted the euro currency on 18 June 1992 (“Maastricht Treaty”)?

Irish politicians say that if the masses obtain their freedom, then the politicians will not be able to obtain more debt from the European Slavery Mechanism (also called the “European Stability Mechanism”). So what? The proceeds go only to politicians and private bankers, and to the speculators (e.g. Anglo Irish Bank and Irish Nationwide Building Society). The debt is dumped onto the masses in the form of ever-greater austerity. 

Sinn Féin and the United Left Alliance oppose the Slavery Treaty, but if they do not present alternatives (namely, dumping the euro, and recovering monetary sovereignty) then the Irish masses will believe the lie that “there is no alternative” to slavery under the bankers.

Who will oversee this referendum on 31 May? How do we know the vote count will be fair and accurate? Who cares anyway? Ireland doesn’t have a veto. Only a simple majority of signatory states (13 out of 25) are needed to put the treaty into effect. Hence, even if the Irish masses vote no on the Slavery Treaty, the masses will remain bound by it as long as Ireland has the euro currency.

WHEN WILL THE MASSES UNDERSTAND that he who controls the currency and the bond markets controls ALL? He can print as much money as he likes. He can buy governments, armies, police forces, media outlets – everything. He has total power. And no mater how much power he has, he always wants more.

Why can’t Ireland take back full control of its fishing rights? Who owns the oil and gas reserves in Longford, and off the coast of Cork?  Why is the Corrib gas field still not in production after ten years?

I blame the masses for this as much as I blame the elitists. For example, the Irish masses continue to support the Catholic Church, which pays no taxes despite being the biggest land owner in Ireland. The Irish masses voted down the Lisbon Treaty in 2008, but then let it pass when Brussels said the Catholic Church could keep abortion illegal in Ireland. The Irish masses thought this constituted a “victory” over the bankers!

European integration was originally supposed to expand trade by building a common market and a large, interconnected economic space. Instead, Europe surrendered all sovereignty to the Troika, which imposed one currency, one exchange rate, and one interest rate for countries with diverse economic parameters. This is absurd.

 When there is too little money in circulation, we have depressions. This circulation is controlled by private bankers and the bond market. Until this changes, everything will get worse. No wonder 1,000 people a week are leaving Ireland to look for work abroad. That number would expand to 100,000 a week if the masses could afford to move, and had a place to go.  

[1] Regardless of the referendum, the Irish masses will remain enslaved as long as they keep the euro currency, and do not have their own public bank.

Iceland had two referendums on whether the masses should be forced to bail out the private speculators. On the first one, the masses voted overwhelmingly NO. Hence the government held a second referendum. When the masses voted NO a second time, the government simply ignored them. Now Iceland is in severe trouble, although most blogs weirdly think that Iceland is doing fine. Most bloggers weirdly think that Iceland’s government told the bankers to get stuffed.  Not true. Iceland, like Ireland, is undergoing a mass exodus as people flee abroad to look for work.

[2] Sinn Féin and the United Left Alliance all fail to name the elephant in the room. Not a single one will name the ultimate culprit for almost every economic woe, which is privately-issued for-profit credit money.

Yes. They are all liars and scammers. If you refuse to mention the disease, and you only bicker over the symptoms, then you are playing politics. You are a liar and / or an idiot.

[3] Without Ireland, the referendum won’t be binding.

I wish I could believe that, but the “European Stability Mechanism” is a done deal. It is the Super-Bank that I have warned of since 2008.

When the housing bubble burst, I saw immediately that the international financiers were moving to consolidate all financial and monetary power in Brussels (the EU) and Frankfurt (the ECB). By 2010 in my comments here at WUYS, I was predicting that this Super Bank would come into being by mid 2012. I was correct.

 It is here.

Next stop: A private, monopolistic, One-World Super Bank that will keep 99% of mankind in permanent debt slavery. Looking at Europe, for example, Greece must pay 18 percent interest for the euros it gets from Frankfurt (the ECB). At that rate, the debt load doubles every four years. Thus, the bankers are making sure that Greece can never get out of debt, and never escape from its Depression (unless Greece dumps the euro).

Same with all of Europe.

Soon it will be the same worldwide, with the One-World Super Bank. Any nation that declines to participate will be attacked militarily and / or financially. And the masses will bless this attack, as always. The peasants will praise their own poverty.

In December 2011, the new ECB president Mario Draghi (former vice president of Goldman Sachs Europe) created 489 billion euros on his computer keyboard, and quietly gave it to 523 European banks as a bribe for their obedience. Most of that loot went straight to tax havens abroad.

On Monday 23 Jan 2012, late at night, Draghi and his cronies created the “European Stability Mechanism” to impose permanent debt and austerity on all nations that use the Euro currency. Brussels and Frankfurt will now directly run all the nations’ fiscal and financial policies.

Again Draghi created bribe money on his cmputer and gave it to politicians to submit to the new arrangement, which involves the “European Stability Mechanism.” [I call it the European Slavery Mechanism.] This is the ECB Super-Bank. It is Europe's equivalent to the U.S. Federal Reserve.

Article 9 of the new arrangement says, “ESM Members hereby irrevocably and unconditionally undertake to pay on demand any capital call made on them within seven days of receipt of such demand.”

Thus the central bankers can order any nation to raise taxes, slash spending, and do whatever it takes to send cash to the bankers. And the nations must pay this cash within seven days.

Article 27 [lines 2-4]: “The ESM, its property, funding, and assets shall enjoy immunity from every form of judicial process. The property, funding and assets of the ESM shall be immune from search, requisition, confiscation, expropriation, or any other form of seizure, taking or foreclosure by executive, judicial, administrative or legislative action.”

Article 30:  “The ESM’s Governors, alternate governors, directors, alternate directors, the managing director and staff members shall be immune from legal process with respect to acts performed by them, and shall enjoy inviolability in respect of their official papers and documents.” 

There are no independent reviewers of the Super-Bank. The Super-Bank is secret, private, all-powerful, and not subject to any audit or review. It is above any and all laws. It is totally immune from any government action. It totally controls all European nations’ budgets. It is God.

My point:

Since Europe has already accepted this tyranny, the Irish referendum is merely window dressing. Pass or fail, it means nothing. The central bankers already own all governments.

And here as always, the masses insist on remaining slaves. If you mention the public banking option to people, most will scream that government cannot be trusted. Most people think that only the private bankers can be trusted, even though the private bankers are killing us.

“Yes the ship is sinking, and we are all going to die, but let’s not do anything about it, since the alternative might be worse.” 

Also, Ireland has a Socialist Party. This too is a sham. All “socialists” in Europe are imposters. If central banking remains under private control, then there is no socialism. At least, not for the masses.

Elitists and corporations, of course, enjoy total socialism. It's called "wealth transfer."

Central bankers create money on their computer keyboards, and they give that money to politicians as bribes to purchase the politicians’ obedience and complicity. Thus, bankers and politicians are co-conspirators. Hence we will always have poverty. 

Politicians could create their own money with a public bank, but this would require the system to have transparency and accountability, which politicians don't want. Politicians prefer the current system, with a private central bank, and no limit to how much bribe money that central bank issues,

The thieves include “opposition” politicians like Sinn Féin and the United Left Alliance in Ireland. Their “opposition” is a lie. Since they do not champion a public central bank, they too are on the payroll of the private bankers. They pose as the "opposition" in order to sustain the illusion that the public has choices.

If any politician actually introduces legislative bills to change this nightmare by establishing a public central bank, then the bankers and the other politicians remove him from office (e.g. Dennis Kucinich of Ohio).

What depresses me is that most people are cattle. Most people champion the banking scam with great self-righteousness. They defend the lies that keep them enslaved. When they vilify Nazi Germany, when they agree with the latest imperial war, when they agree that we must slash social programs in order to have a “balanced budget,” when they spout nonsense such as “The euro will collapse!” and so on -- they defend their slavery. Regardless of what they chatter about, if they fail to mention the need for public banks, then they defend their slavery.

Evidently they deserve to be enslaved. It has been this way throughout human history.

Incidentally, the only nations that have largely been spared the ravages of the austerity regime are Denmark, Norway, Sweden, and Switzerland -- all of which managed to retain their social safety nets and social consciousness.

Reason: None of them use the euro currency.

England doesn’t use the euro currency either, but England is a nation of bankers anyway, so England doesn’t count. England is a cesspool. (Yes, I have been there.)