Vaclav Klaus asserts the main problem of Fourth Reich is the European economic and social system that doesn't allow for a rapid economic growth. The European soziale Marktwirtschaft, as it is called in German, prefers social policy based on income redistribution to productive work. It prefers free-time and long holidays to hard work. It prefers consumption to investments, debts to savings, security to risk-taking. Pasok and Nea Democratia mafias have destroyed Greece.
All of it is part of a broader civilizational and cultural problem, deeply rooted in the European continent or in most of its countries. It can't be exterminated overnight, it can't be changed as a result of one or another EU summit, it can't be changed by painless cosmetic changes. It requires a deep systemic change, something structurally similar to the task we had to accomplish two decades ago in the moment of the fall of communism.
Without question, the most kleptocratic mafias of Europe are Pasok and Nea Democratia. Socialists would like to see ECB bring out the bazooka, in other words, undertake massive purchases of government bonds to resolve the crisis. An ECB bazooka cannot restore competitiveness to PIGS, but would only encourage profligacy, kleptocracy, and metastasis of the cancer of socialism. European Stability Mechanism (ESM) is a joke. ESM's finances depend on the very same countries that it is supposed to bail out. This isn't stability, but a Ponzi scheme!
Because of the Butterfly Effect of Chaos Theory, if Greece goes up, all PIGS could go belly up, then EU could go belly up, then USA could go belly up, and then you could go belly up, no matter what corner of Earth you live in! This is not just a domino effect, but an Armageddon. That's why is to your great advantage to support Democratic Alliance, the only political party that could save Greece.
Eurokleptocrats want to transform the confederation of EU to the federation of USE (United States of Europe), enslaving all Europeans to Brussels and spreading the cancer of socialism. The multiannual financial framework (MFF) is a spending plan that translates the EU priorities into financial terms.
MFF is not a seven-year budget, but the basis for the annual budgetary exercise; it limits expenditure over a fixed period and defines the maximum amounts available for each major category of spending. It therefore provides a political as well as budgetary framework for focusing resources and investments where needed.
Since I run for the Greek Parliament, I appreciate all your support, expressed in your own way. A first step is to forward my messages to your kith and kin. A second step is to approach any connections you have in the media to republish my messages. Of course, if you are very rich, you could create and place an ad in your favorite Athenian media, stating your honest point of view about me, baring your soul, and using your own words. May 6 is approaching fast, and liberty is at stake. venitis@gmail.com
Jens Weidmann vehemently rejects ongoing demands that ECB embark on an aggressive bond-buying program. It's like an alcoholic saying that I need to get a bottle tonight, starting tomorrow I will be clean and abide by the rules, but I need the bottle tonight. Weidmann doesn't think it is sensible to give the alcoholic the bottle. The alcoholic won't have an incentive to solve the problem.
The current MFF period started in 2007 and will end in 2013. The Commission has proposed an overall ceiling of €1,025 billion under five headings:
Smart and inclusive growth: 48%
Sustainable growth: natural resources: 37%
Global Europe: 7%
Administration: 6%
Security and citizenship: 2%
The commitment ceiling amounts to 1.05% of EU gross national income (GNI) compared to 1.12% for the 2007-2013 MFF. The ceiling for payments equates to 1% of EU gross national income (GNI) compared to 1.06% for 2007-2013.
As the health of much of the global economy weakens on a daily basis, political leadership increasingly ignores the source of the malady and instead focuses on short term band-aid remedies. These measures which may buy a few months, or years, of relative wellbeing, will convince the public that problems have been solved and will thereby take pressure off governments to make the needed structural changes. The 1 trillion euro EU bailout is a perfect example of this band-aid approach. Napoleon Sarko threatened to pull out of eurozone, unless Merkel agreed to back the European Union's bailout plan!
The May 6 election is a major crossroads for Greece and EU. If the wrong people are elected in the Greek parliament, it could create a domino effect of belly ups across EU. After Greece's belly up, all PIGS would follow, then all Eurozone, then the whole Planet Earth! That's why I ask you to spread the word during my election campaign for the Greek parliament. Remember Basil Venitis with Democratic Alliance (Dimokratiki Symmachia) in Athens B'.
The euro has been rescued for the moment, but Eurokleptocrats have thrown the foundations of Fourth Reich's common currency overboard with their unprecedented bailout package. In the longer term, the dangers of the crisis can only increase, and the flood of billions of euros will lead to inflation. Eurokleptocrats have thrown overboard all the noble principles and promises of the formal, tough treaty-based foundations for the introduction of the euro and the independence of the European Central Bank.
Eurokleptocrats sacrificed the independence of the European Central Bank and paved the way for a European Inflation Union. There won't be any state bankruptcies in the eurozone in the future. ECB will just purchase government bonds of the country in trouble. The money can't run out as ECB prints it itself. A flood of money like that can't continue without any consequences. The currency's stability will be undermined and inflation will destroy Fourth Reich. http://venitism.blogspot.com
The most popular euthanasia substance on the market is Nembutal, and the most disgusting euthanasia of financial markets is the financial transaction tax. I prefer Nembutal to the financial transaction tax!The stupid financial transaction tax is a euthanasia pill for financial markets. If Eurozone adopts this stupid tax, all financial transactions of the continent will move to London and New York.
Bewildered Greece, in its infinite stupidity, already applies a financial transactions tax on the sale of Greek listed shares at a rate of 0.2%. This stupid tax, which burdens the seller of the listed shares, is directly withheld upon each settlement of the transaction and paid by the Stock Exchange Depository to the tax service. This stupid tax also applies on the sale of foreign listed shares by Greek tax payers, i.e. Greek resident individuals, Greek enterprises, and Greek branches of foreign entities.
Fourthreichian monetary and fiscal unification is the Trojan horse for overall harmonization of economic rules, policies, and laws in Fourth Reich. Any eurozone problem is interpreted as a consequence of the lack of harmonization and leads to another wave of a creeping harmonization. Fuehrer Merkozy frequently declares that coordinating tax policies and labor laws is not just about currency issues but also about political cooperation, which has to be deepened. In other words, more enslavement to Brussels, transforming the confederation to a federation!
I run for the Greek Parliament with Democratic Alliance (Dimokratiki Symmachia) in Athens B', in order to save Greece from kleptocracy, huge regulation, and huge taxation. Please ask all Athenians you know to vote in this important election. Basil Venitis, venitis@gmail.com
http://venitism.blogspot.com
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