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Journalist Andy Carling in Belgium, on the dire situation there, where for 18 months now a caretaker government has been handling only routine business. Now, Belgium, a nation that appears intent on geographical suicide is about to go under. A combination of EU dithering, narrow minded politicians and financial pressure has left the home of [...] The project involves 19 countries looking for ways to convert non-food biomass to energy on a massive scale. One particular target is municipal waste. Imagine the savings if what once was dumped in landfills or burned became energy instead. Interview with Financial Times chief economics correspondent, Martin Wolf. From Wolf’s point of view, the choice is an easy one: Restructure now and force the private sector to at least share in the pain (for a change). But the banksters never want to take a writedown on their dicey bond ‘investments’ and instead [...] “My answer is clearly yes, it is a failure,” [French President Nicolas Sarkozy] said in a television interview when asked about the policy which advocates that host societies welcome and foster distinct cultural and religious immigrant groups. “Of course we must all respect differences, but we do not want… a society where communities coexist side [...] The grid, which would become fully operational in 2020, would allow the EU countries to share renewable electricity throughout the continent and the British Isles. Meanwhile, here in the supposedly United States, we’ve been squabbling for years about whether or not to have offshore wind power at all. We still don’t have one single, [...] The problem is not debt incurred by the government but rather that the banksters, who knowingly bought garbage bonds and made flaky loans, are demanding to be paid back at 100% on the dollar by the government and that the Irish taxpayers foot the bill for banker’s plunder, greed, and recklessness. This is criminal. [...] 31 billion euros for Irish bank capital capital aid … Out of 31.5 billion euros total tax revenue for the year! Leaving 0.5 billion euros for the rest of the government. And please note that 31 billion is a *voluntary* contribution to the banks by the government. … Mortgaging the people of Ireland for at [...] Cap and trade is mandatory in the EU for large corporations. They must participate. And guess what, it is successful. Unlike in the US where a a timid little voluntary cap and trade system was tried and predictably failed, the EU system has demonstrably lowered emissions and increased the use of clean, renewable energy. [...] Ireland should default on their debt and force the banker thugs to take a haircut on their investments. And that’s precisely what might happen after their craven and corrupt government falls. The new government will be much more militant and should simply repudiate the debt. Krugman These debts were incurred, not to pay for [...] “The euro game is up… Just who the hell do you think you are? You are very dangerous people” Famous euroskeptic Nigel Farage in just under 4 brief minutes tells more truth about the entire European experiment than all European bankers, commissioners, and politicians have done in the past decade. Just who the [...] |  | ||||
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