Posts Tagged ‘Lagarde’

Growing Hatred: Brexit Turning Its Back To Europe’s Best. While EU To Be Led By (Super) Women.

July 3, 2019

Suppose one has a strong positive feeling, such as loving the music and words of Ludwig Van Beethoven’s Ode to Joy. This is the European anthem. As an orchestra played it in the European Parliament, 29 British Members of The European Parliament turned their backs. They wanted to show how much they despised the following words, the 9th Symphony, and the idea of a European Union. Or maybe they just hate peace, a written constitution, true democracy? (The present selection of the clown Boris Johnson for UK Prime Minister by 160,000 people is hardly something democratic in a country of 66 millions…) Ludwig:

Joy, beautiful spark of Divinity
We enter, drunk with fire,
Heavenly One, thy sanctuary!
Your magic binds again
What convention strictly divided;*
All people become siblings,
Where your gentle wing abides.

Who has succeeded in the great attempt,
To be a friend’s friend,
Whoever has won a lovely woman,
Add his to the jubilation!
Indeed, who even just has one soul
To call his own in this world!…

All creatures drink of joy
At the nature’s breasts.
All Just Ones, all Evil Ones
Follow her trail of roses.
Kisses she gave us and grapevines,
A friend, proven in death.
Lust was given to the worm 
And the cherub stands before God.

Gladly, like His suns fly
through the heavens’ grand plan 
Go on, brothers, your way,
Joyful, like a hero to victory.

Be embraced, Millions!
This kiss to all the world!
….

Members of the Brexit Party turn their back to the assembly as the European anthem is played during the first plenary session of the newly elected European Parliament in Strasbourg, France, July 2, 2019. REUTERS/Vincent KesslerWhat do they want? Disunion, the opposite of Union? Could war be far? Oh, many will say, this has nothing to do with war. However, after the Franks led by the “prince and duke, count of Normandy” (Princeps, Dux, Comes) conquered England in 1066 CE, France and England were united for generations. Little things led to great separations, and war between siblings. The wars between England and France, until the Sixteenth Century, were all Franco-French affairs. Nearly five centuries of Franco-French wars… which turned devastating inside France, after a while.

The show above has no meaning, but to stoke that greatest of human strengths: unbounded hatred, where small differences are turned into the most aggressive postures.

Meanwhile the European Council, that is the heads of the state of the 27 EU members (minus crazed Britain), finally decided to name two women to lead the European Union: Ursula Von Den Leyen, to head the European Commission, and Lagarde, to head the European Central Bank. Leyen was once seen as Merkel’s successor, and is long serving German defense minister. An MD with seven children, she speaks perfect German, English and French. Lagarde is the long serving head of the IMF (she put herself on leave immediately). The Council’s nominations happened after lots of haggling; an early candidate the Dutch Timmermans was viewed as anti-East European by East Europeans, for pushing for sanctions against perceived non-democratic-enough Eastern European countries; also Italy rightly condemned his anti-“populism”; thus he was rejected.

Young French Monkey-In-Chief Macron then got the great idea to propose Von Leyen (Notice: a French selects and launches a great German…) Von Leyen introduced improved maternity and paternity benefits as Germany’s family affairs minister and drove forward boardroom gender quotas. She is one of Europe’s most popular politicians (after degrees in economic and medicine, she started politics in her 40s).

Lagarde and Ursula von der Leyen, have to be confirmed by the European Parliament (suspense! But they should please everybody… but for the sad clowns above)

No doubt the British haters represented above, will have nothing intelligent to say. Britain, in truth, has no Constitution, just habits. And this is going to bring a constitutional crisis.

The United States of Europe already exists… In America. The USA has a constitution, and that Federal ensemble was created by Europeans, and their descendants, using mostly Franco-British ideas (Montesquieu, Locke, etc.) … However, individual US states have lots of freedom. In the OK Corral confrontation between California and Trump, Trump is not winning: he mostly prefers to do other things than to take California head-on.

Hence to create a federal state inside geographical Europe is just learning from the European experience in America. Said Federal State, the European Union, is federalizing ever more. Macron wants to deepen the Union before new countries join. He is right.

Having Lagarde as ECB chief is a great advance: she managed the IMF very well, and she is for easy money, or, at least enough to let the economy work (differently from the Germans, whose hypocritical lying on tight money has been exposed here… this is going to change). She is demonstrating this presently with the near catastrophic situation in Argentina… And has in general insisted that countries given IMF loans not been squeezed in vital social services.

Anyway, happily surprised by these two top choices…

Patrice Ayme

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(The Brexit team stays in place…)

 

Banksterocracy

July 4, 2015

The Champagne region was proclaimed a world heritage site by UNESCO today. Champagne, a method to make sparkling wine, was created by a cleric, Dom Perignon, four centuries ago.

Mr. Yannis Varoufakis, Greek finance minister: “Why did they force us to close the banks? To instil fear in people. And spreading fear is called terrorism.” Indeed. That is what I was saying before: arguably the demons of High Finance, the shills of the IMF, Goldman-Sachs, the ECB, etc, are the main force deep behind Islamist Terrorism, because they cause misery, while weakening enormously the military capabilities.

Added Varoufakis:”The EU will have no legal grounds to throw Greece out of the euro, and then the real negotiation will start with creditors.”

Unbelievably, the European Central Bank has put the entire Greek economy in a deep freeze, with a very low ceiling on the Emergency Loan Agreement (ELA). What for exactly? With which authority? Just because its (ex) Goldman-Sachs head, Draghi, is used to make a profession from dragging people in misery?

Bait & Switch, Or How The Public Was Made To Pay For Being Ruled By Banksters

Bait & Switch, Or How The Public Was Made To Pay For Being Ruled By Banksters

Look at these numbers above: how come France, Germany, Italy, etc. invested in Greece? Of course they did not. What they did is that they “lent” Greece money so that the Greek plutocrats then in command of Greece could refloat the French, German, etc. bank subsidiaries which had gone bankrupt lending to fellow plutocrats they had met earlier, taking champagne baths, all together. Now we are supposed to drain the bath, and serve them more champagne.

Meanwhile, Christine Lagarde, the Marie-Antoinette who proposed that, because gasoline was to expensive for them, the French ought to switch to biking, hangs tough about “Greece”. A buffoon shilling for plutocracy with a misleading French accent. Just look at her shifty eyes: she knows how dirty she is.

As Oxford economy professor Simon Wren-Lewis puts it, the IMF was “captured” by the banksters: “the Troika made a huge mistake in using their citizens’ money to lend to Greece so Greece could partially repay these private sector creditors – that is where most of the Troika’s rescue package went.”

(Yes, apparently, 92% went to banksters; but thanks to propaganda, most people believe We The People of Greece splurged, whereas, it is the banksters who splurged).

The first order of plutocracy, nowadays is banksterocracy: bankster-power. Let me quote extensively from Atrios, a USA citizen originally from Australia, with a PhD in economics. Atrios writes a wildly successful blog, taken seriously by major economists. Quoting others extensively, Atrios comes below to the conclusion I reached more than six years ago, about the nature of who rule us, and this is most pleasing:

“Saturday July 4, 2015: What’s It All About Then

Greece’s Euro “membership” isn’t about using the currency, it’s about having access to various loan facilities and support from the ECB, which it already doesn’t have.

Bloomberg reports that Bulgaria, which is not a Euro member but backs its currency with Euro reserves, has just been allowed to borrow from the ECB at the same rate as Euro members, thus enabling it to firewall its banks from Greek contagion. This is a privilege normally only accorded to Euro members – and it has been WITHDRAWN from Greece. If this is true, then Bulgaria (non-Euro member) can obtain Euros from the ECB while Greece (Euro member) cannot. It is hard to see what benefit Greece’s Euro membership confers, apart from redistribution of seigniorage receipts.

And finally someone gets the logical endpoint of central bank “independence.”

For the central bank of a currency union to deliberately restrict the money supply in regions within the currency union is bizarre. No other currency union central bank on earth does this. It would, for example, be unthinkable for the Bank of England to deny liquidity to Scotland’s banks. But the ECB has denied liquidity to Greece’s banks, not because they are insolvent (which is a reasonable reason to deny liquidity to banks) but because the sovereign won’t toe the fiscal line. It has taken on a political role that it should not have.

Of course, the ECB’s shareholders are the member state governments. But those governments have bound themselves by laws and treaties that prevent them interfering with or in any way controlling the ECB. So the Eurozone is in reality a financial dictatorship run by bankers. I struggle to see why anyone would voluntarily join it, let alone want to stay in it. But that’s democracy for you.

Whatever it is, it ain’t democracy. It’s banksterocracy. The concept of central bank independence was, once upon a time, thought to be necessary to prevent irresponsible governments from doing, or being perceived as doing, irresponsible things with the money supply. Now the point of central bank independence is to hand immense power to a bunch of unelected unaccountable people engaged in revolving door careers with the banking system. Let’s continue laughing at the silly Greeks and their silly corruption.  

The first irresponsible thing to do with the money supply is not to provide enough money to run the economy. This was a major problem during the Roman empire’s Fourth Century (due to a dearth of precious metals and not enough police powers to insure the value of the Fiat Currency). By 300 CE, the imperial government instated a massive command and control system to insure the core functions of the economy.

The problem we have now is different: so-called austerity is actually a refusal to finance important sectors of the economy, including not just basic decency, but also science and education. Meanwhile China has boosted its science budget to a nearly incomprehensible 192 billion dollars (more than all the West combined).

China is right. 100%. (Then the land of Confucius gets accused of “ethical breaches”, by professional bleaters, for pulling ahead on genomic research)

On the other hand, those who have starved, and are starving the European economy, from sheer lack of currency, are not just betraying their birthplace, but civilization itself.

Patrice Ayme’

 

Selection Of The Dirtiest

June 29, 2015

Plutocratic Circus Blossoms As Greek Tragedy

It was not supposed to happen, but a woman in Washington, who used to head one of the world’s largest law firm in Chicago, closed all banks in Greece for a week, and made it so that Greek families now live on fifty Euros a day.

Is that democracy? Who elected that woman? Nobody. More exactly, a handful of guys, talking to each other behind closed doors. But not all is lost. Look at her superiorly tailored suit, her little diamonds, her pearl necklace. She belongs to the well dressed, Wall Street style elite.

A Face Of Evil: Wall Street Fascist Devices In Control Of Europe

A Face Of Evil: Wall Street Fascist Devices In Control Of Europe

[International Monetary Fund (IMF) executive director Christine Lagarde attends a news conference at the end of a Eurogroup meeting at the European Council building in Brussels, March 25, 2013. Elegant fox presides over the hens, to mandate their future.]

A gallery of abominable crooks who give themselves airs decides how to make an example of Greece. Hey, the Porto-Rico governor just announced Porto-Rico was not that rich, and its debt could not be repaid (proportionally, it’s higher than Greece’s). Quick, let’s starve to death a few Greeks! Kindly,  Paul Krugman in “Greece Over Brink” calls the monsters who preside over us “fantasists”.

http://www.nytimes.com/2015/06/29/opinion/paul-krugman-greece-over-the-brink.html?

I will stick to the truth, as I have no reason to spare corrupt crooks who abuse their powers. Differently from Krugman, I don’t have to be polite with these sadistic monsters.

Some may raise an eyebrow: am I not overly critical against a particular individual? Yes, for cause: my scathing critique is directed to a particular criminal behavior. I have no problem hating particular individuals, such as Hitler and his ilk.

Condemning people for crimes they engaged in is the exact opposite from hating people for no good reason, such as where they come from.

Absolute Power Corrupts Absolutely:

Why did the Eurozone bring the International Monetary Fund based in Washington, half a mile from the White House, into what ought to have been an internal European affair? Was it to make sure that Washington would rule the Eurozone?

Does that sound counter-intuitive? Not at all. It is something completely natural. The top European leaders are, or have been, all agents, top operators in, or completely obsessed by the American system.

It’s clear that Greece cannot pay the monumental debt it incurred when money was given to banks. And here the IMF has behaved atrociously: after the Greek government accepted all conditions last week, unbelievably the IMF came up with new orders, such as augmenting the Added Value Tax, higher up. Such an VAT strikes everybody, including the poorest of the poor. The standard rate of VAT in Greece is 23%. (Compare with California’s 10% sales tax!)

Christine Lagarde thinks the Greeks are children. But, when she was offering hundreds of millions Euros of public money to plutocrook Bernard Tapie, she did not mind to deal with a child. Why?

Probably because she is corrupt. Corrupt, some of the naive will say, smirking. Does not corruption imply giving money? Show me the money, and they cackle smugly. However, money is power, absolute money is absolute power, and it corrupts absolutely. Lagarde, an ex competitive swimmer, has enormous power, given to her by other politicians, themselves elected from, and by, money.

http://www.theguardian.com/business/2015/jun/25/greek-crisis-20-key-moments-eurozone

Actually, it’s not a probability, but a certainty: absolute power corrupts absolutely. Lagarde, although the prime villain this week, is closely followed by the head of the EC, one of the world’s greatest engineers of corruption, ever, and the German finance minister (yes, someone already shot that one, that’s why he is in a wheelchair).

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Financial Terror Feeds Terrorism In General:

Muslim terrorism is, first of all, an intellectual phenomenon: terrorists just read a book written by generals in a time so primitive, the Arabic language did not fully exists, in written form. However terrorism is (partly) motivated, not just by the manipulations of plutocrats, but also by a legitimate rage against plutocracy.

Plutocrats know no bounds, such is their cruel nature. They belong to the most horrendous aspects of mythology. Indeed, the victimization of Greece is a case in point. Some of the most horrendous creatures are on the front stage, pontificating, making up stories that will be remembered for centuries.

Plutocrats hated Alexis Tsipras, the new Greek PM. They had to make him fail. Just when he had agreed to violate a bit the mandate under which he had been elected (his party, Syriza, controls 156 seats in Parliament), Lagarde and her abominable muses, sprang the trap: they asked for more from the (basically) innocent people of Greece. Specifically, they wanted an even higher VAT, as if 23% were not enough.

This, from crooks who fly in private jets.

Somer people will say that someone like Lagarde went from swimmer to head of the IMF on merit. There is another possibility, though: look at Heinrich Himmler. Did he get up there, at the head of the SS, on merit? Not really. Even fellow Nazis admitted he was not that bright (and joked that his brains was Reinhart Heydrich).  Himmler got up there because he was willing to do the dirtiest work.

In the end, Himmler, to advance himself in the rather difficult circumstances of the collapse and invasion of the Third Reich, had to save thousands of Jews (in cooperation with the Swedes, who were also anxious to paint themselves as the opposite of what they had been). Himmler did what it took to advance himself. Whatever it was. If it meant kissing and making up with the Jews, so be it.

So did Stalin: he used to rob banks, with maximum violence, at the head of a gang. So does Lagarde and her ilk. Such individuals will do whatever it takes to advance themselves. That’s why so many “leaders” got where everybody could look up to them. That’s why, and how, they ended, ordering tens of millions. It is the SELECTION OF THE DIRTIEST. Oligarchies all need goons to do the dirty work, just as they need janitors. The dirtiest goons take the decisions, their masters, the plutocrats, smile. The world we have.

Patrice Ayme’