Tag Archives: france

EU austerity contagion spreads (People’s Movement)


Italy’s government has approved a €345½ billion austerity budget that the prime minister, Silvio Berlusconi, said was the result of pressure from Finland, Germany, and the Netherlands. The draft measures—which must still go before parliament for final approval, expected in … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Rights & Liberties, ECB/IMF, Economy, Elections, EU, France, Germany, Greece, Italy, Superstate, Taxation | Tagged , , , , , , , , , , , , , , , , | 1 Comment

San Francisco Chronicle / Bloomberg: “Greece, Ireland, Portugal Should Default on Debt, Hedgefund Says


From the San Francisco Chronicle / Bloomberg – Greece, Ireland, Portugal Should Default on Debt, Pimco Says: Aug. 17 (Bloomberg) — European politicians should let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won’t, according … Continue reading

Posted in Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, Economy, Geopolitics, Greece, ireland | Tagged , , , , , , , | Leave a comment

France’s turn! Sarkozy to announce fresh austerity (People’s Movement)


The euro-zone crisis has threatened to turn to France, with the shares of leading French banks suffering huge falls. Italian bank shares also decreased significantly following rumours of an imminent French downgrade or of a large French bank, Société Générale … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, EU, Euro / Sovereign Money | Tagged , , , , | Leave a comment

The ECB Job (2)


Telegraph – Financial crisis; Italy could tip euro into abyss: The relentless plunge of financial markets will lurch into a more dangerous phase that could take the global economy over the brink of disaster, unless the European Central Bank starts … Continue reading

Posted in Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, Greece, ireland, Italy | Tagged , , , , , , , , , , , | Leave a comment

The ECB Job: Italy, Spain, Belgium on chopping block


RT – “Back to Feudalism”; Bailout Fallout – Italy, Spain next on Eurozone crisis ‘death list’?: In Europe, borrowing costs for Italy and Spain surged drastically, as traders rush to rid themselves of risky investments. Crisis talks beween Italy and … Continue reading

Posted in Bankers' Bailout, Breaking News, Debt Default/Restructuring, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fraud, Gardaí / Police, Geopolitics, Italy, Spain | Tagged , , , , , , , , , , , | Leave a comment

Guest Post: The Irish Debacle – the Republic’s path to subordination to the ECB, EU Commission and IMF Troika (Anthony Coughlan)


Future historians will surely see Ireland’s joining the Eurozone in 1999 and abolishing its national currency to adopt the euro as the worst policy mistake ever made by the Irish State. It was an act of gross irresponsibility on the … Continue reading

Posted in Accountability, Bank Run, Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, EU, Euro / Sovereign Money, Geopolitics, Greece, History, Housing Bubble, Ideology, Independence/Nationalism, ireland, Solutions, Superstate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“A nation that gives up its sovereign currency by joining the euro gives up the three most effective means of responding to a recession.” – Bill Black


Via Politics.ie – Bill Black [Associate Professor of Economics and Law at the University of Missouri-Kansas City… white-collar criminologist… former senior financial regulator, and the author of The Best Way to Rob a Bank is to Own One] writes at … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, Solutions | Tagged , , , , , , , , , | Leave a comment

“France gets 1,000-euro gold coin”: Radio France Internationale


… and with a price of €1,000 per 20 grams, and gold at about €1,045 per troy oz. (32 grams), this means people are happily lining up around the block to pay the French State a seignorage of about €345 … Continue reading

Posted in Budget, ECB/IMF, Economy, Euro / Sovereign Money, Independence/Nationalism | Tagged , , , , , | Leave a comment

New York Times: “Irish bailout deal wrongly puts full repayment burden on hard-pressed taxpayers, sparing rich country creditors who made big profits lending to risky borrowers”


From a New York Times editorial – Less Than Needed on the Euro: The Greek and Irish bailout deals wrongly put the full repayment burden on the hard-pressed taxpayers of these two countries, sparing the rich country creditors who made … Continue reading

Posted in Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, ireland, Solutions, Taxation | Tagged , , , , , | Leave a comment

Financial Times: “Germany & France have no business pinning Ireland to floor when Irish taxpayers are picking up the colossal bill for European banks”


From a Financial Times editorial – ‘Bully Beef’ Europe: This represents a dishonourable attempt to exploit the eurozone’s debt crisis as a means of bullying Ireland into policies that, so it is hoped in Berlin and Paris, will stem leakage … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, ireland, Taxation | Tagged , , , , , , | 1 Comment

France: the rise of Marine Le Pen


Guardian – Marine Le Pen emerges from father’s shadow: The 42-year-old, twice-divorced, mother-of-three is so popular that several polls show her topping next year’s French presidential first round and sailing through to the final round run-off. She is on a … Continue reading

Posted in Economy, Elections, EU, History, Ideology | Tagged , , , , , | 1 Comment

Libya: A Resource War of the 21st Century?


The Arabist – Will the UN intervention in Libya stop Qaddafi?: Is this just going to be another one of those bitter early Bosnia or Iraq experiences, where international intervention is either ineffective or maybe even makes things worse? Did … Continue reading

Posted in Accountability, Economy, Energy / Natural Resources, EU, Geopolitics, Ideology, War & Peace | Tagged , , , , , , , , , , , , , , , | Leave a comment

The American Interest magazine: “Give Ireland Back To The Irish”


Via Business Insider, Walter Russell Mead writes at The American Interest magazine – Give Ireland Back To The Irish: France and Germany … want Irish taxpayers to pay the full and bitter price for the destructive folly of European bankers. … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Geopolitics, Housing Bubble, Independence/Nationalism, ireland, Irish America, Solutions, Taxation | Tagged , , , , , | Leave a comment

EU Observer: “Irish bailout endangers EU future”


From Daniel C. Thomas (“associate professor of European Governance and director of the Dublin European Institute at University College Dublin“) at EUobserver.com – Irish bail-out terms endanger EU’s future: Much of the Irish public’s anger is directed at Europe’s subsequent … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Geopolitics, ireland | Tagged , , | Leave a comment

Michael McDowell: “Sarkozy deserves gesture involving two digits and no other numbers”


From The Sunday Independent – Our leaders must now take a harder line with Merkel and Sarkozy than before: It is simply a question of exercising a demand for more power. Corporate tax harmonisation would attract more and more corporate … Continue reading

Posted in Accountability, Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Ideology, Independence/Nationalism, ireland, Solutions | Tagged , , , , , , , , | Leave a comment

Irish Times / National Platform response to Garret Fitzgerald: Dominating Role of Larger EU States


The Irish Times – Friday, March 4, 2011 (letters) Madam, – Dr Garret FitzGerald (Opinion, February 12th) shows concern that moving away from the so-called “community method” of making EU laws towards a more “inter-governmental” approach may open the way … Continue reading

Posted in Accountability, Civil Rights & Liberties, ECB/IMF, EU, Euro / Sovereign Money, Geopolitics, History, Ideology, Independence/Nationalism, ireland, Superstate | Tagged , , , , , , | Leave a comment

Celtic League: French Court Goes Kafka…


… because we’re all Good Europeans, now. From The Celtic League – Extradition Case Concerns: The Celtic League has received reports that a French appeal court has agreed to the extradition of a French woman to Spain for her activity … Continue reading

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MarketWatch – France: Germans Should Pay Up Or Shut Up


From MarketWatch.com – New D-mark could be twice as strong: As part of Franco-German saber-rattling over the future of economic and monetary union (EMU), senior Frenchmen are saying that, if by some mischance the euro were to unravel, the Germans … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Leo Varadkar versus the World, Solutions | Tagged , , | Leave a comment

Les Echos: The Euro Discord


Via PressEurop.eu, from the French Les Echos – The Mess at the Heart of the Euro: Having stayed out of the euro, the United Kingdom has hung on to its freedom to manoeuvre and is now steadily distancing itself from … Continue reading

Posted in ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics | Tagged , , , , , | Leave a comment