Published on Bloomberg, by James G. Neuger and Stephanie Bodoni, Oct. 8, 2012 – European governments set up a full- time 500 billion-euro ($648 billion) fund to aid debt-swamped countries and, not for the first time in the three-year crisis, expressed confidence that the extra financial muscle won’t be needed anytime soon. Finance ministers from the 17 euro countries declared the European Stability Mechanism ESM operational, while saying that Spain, its biggest potential near-term customer, isn’t on the verge of tapping it. Decisions were also put off on Greece’s next aid payment and on an assistance program for Cyprus … (Linked with today’s Fiskalpakt, ESM, Abschaffung der Demokratie).
- Video: ESM – The New European Dictator, 3.51 min, on YouTube (spoken in german, subtitled in english), uploaded by chich234, Oct. 23, 2011: On 11 July 2011 a new European treaty has been signed. You probably haven’t heard of it. It has not been in the news. Incredible, but true!
- TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM ESM, 62 pdf-pages *.
- Do not confuse it with the European Financial Stability Mechanim EFSM or the European Financial Stability Facility EFSF, which is the 440 billion emergency funds that has been in the news a lot.
- My comment: yes, this is naked dictatorship, yes, EUgovs signed this, knowing fully the consequences. Ok, guys, now the only way to go out of this mess will be real, total revolution. A revolution becoming possible only when the unconscious dump silent majority, accepting no own responsibility is so totally oppressed, that even they are ready to stop dictatorship – ready to leave the unconfortable known for the feared unknown.
* (full titel: TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM BETWEEN THE KINGDOM OF BELGIUM, THE FEDERAL REPUBLIC OF GERMANY, THE REPUBLIC OF ESTONIA, IRELAND, THE HELLENIC REPUBLIC, THE KINGDOM OF SPAIN, THE FRENCH REPUBLIC, THE ITALIAN REPUBLIC, THE REPUBLIC OF CYPRUS, THE GRAND DUCHY OF LUXEMBOURG, MALTA, THE KINGDOM OF THE NETHERLANDS, THE REPUBLIC OF AUSTRIA, THE PORTUGUESE REPUBLIC, THE REPUBLIC OF SLOVENIA, THE SLOVAK REPUBLIC AND THE REPUBLIC OF FINLAND).
Links related around money:
- European Stability Mechanism ESM on en.wikipedia;
- The currency mountain with more holes than a Swiss cheese, on Financial News, by William Hutchings, Sept. 24, 2012;
- Asset holes: US leadership in money, credit, CAFR surplus trillions, on Washington’s Blog, by Carl Herman, July 15, 2012: US systems of money, credit, and CAFR so-called “accounting” are designed by a 1% psychopath class to parasitize wealth from the 99% … //
… Until the 99% reach critical mass with our “emperor has no clothes” recognition, we’ll continue to suffer these asset hole, psychopathic, lying sacks of spin. (full text).
- Debt-damned economics: learn monetary reform or kiss your assets goodbye. 1 of 2;
- POLITICS: Kucinich explains monetary reform, full-employment, new cities;
- POLITICS: Carl Herman explains working with criminal 1% at two UN Summits, monetary reform;
- POLITICS: $ Trillions to the 99%: Ellen Brown explains monetary & credit reform;
- CAFR summary: why can’t a $600B ‘fund’ fund $27B pension, $16B budget deficit? locked in government “rainy day” funds with lines of at-cost credit.
- CAFR: top articles;
- CAFR summary: why can’t a $600B ‘fund’ fund $27B pension, $16B budget deficit? So-called “pension” and “rainy day” accounts are tragic-comic in non-disclosure and non-performance for budget, infrastructure, and pension funding;
- 8-minute TEDx video: economics for 100% of Earth’s inhabitants’ success;
- The End of Money, Counterfeiters, Preachers, Techies, Dreamers–and the Coming Cashless Society [Hardcover], by David Wolman, author, on amazon;
- David Wolman: The End of Money, 8.28 min, on YouTube, uploaded by BeautifulGirlByDana, April 12, 2012;
- Chuck Missler: The End of Money, 3.39 min, uploaded by koinoniahouse, Febr. 9, 2012;
- stupid … I cannot let these questions.