I see that a sly EU attempt to further control the affairs of countries like Ireland and the other so-called ’PIIGS’ (Portugal, Ireland, Italy, Greece, Spain) has been spun into the newspapers today.
The Germans are proposing setting up a European Monetary Fund (EMF) similar in nature to the International Monetary Fund (IMF).
Angela Merkel, the German Chancellor, is already calling for ‘changes to the treaty’ to set up this EMF. And the ink isn’t even dry on the Irish Lisbon ‘Yes’ vote yet.
I warned that this would happen in an earlier post about the re-run of the Lisbon Treaty vote.
They can change this treaty now to suit themselves and will never have to come back to any country, including Ireland, to have a referendum to approve major changes. They really have effectively side-stepped democracy. Unfortunately, the EU won’t take any notice of me complaining about it or even millions like me. Democracy is dead in Ireland and it’s dead in Europe.
They are also calling for the EU to be able to dictate public sector wages in member states as part of setting up a EMF. A shame they are not calling to dictate the pay in banking and other financial sectors. I wonder why that is (tongue in cheek)?
Now why would you want to set up something that, in effect, already exists ( i.e. the IMF)? Could there be an alternative agenda?
Apart from being more EU-style empire building of a grand (and typical) order, we are all being lined up to be well and truly shafted because the wealthy elite can’t bear the idea of having to pay for their own mistakes themselves.
It will probably take the form of public sector pay cuts and increased taxes that will then go into an annual ’contribution’ from each EU country to this EMF fund.
Then whenever there’s a bank about to go bust or a nation about to default on its debt - and a danger that bondholders (the seriously wealthy) might lose some money - the EU can step in and bail them out. If you think that what Ireland has been doing with bailouts and NAMA is larceny on a grand scale in its move of public money to the private sector, wait until they set this EMF up!
Large (€ billions) contributions from each EU country will add up to a substantial amount of money. If you wonder why they need so much money, you have to wonder what might be going on that we aren’t aware of (maybe even the Irish government isn’t aware of - not big/important enough to be considered stakeholders).
Just how bad is it out there?
There are too many politicians involved in trying to sort out problems (e.g. of an economic nature) that they are not qualified to deal with and too many politicians are simply egos with arms and legs sticking out. When politicians get involved in things they actually know nothing about you have to wonder what the other ‘agenda’ is.
Anyway, talking to some friends of mine who were on holiday in Greece last year, I am convinced that I have the answer to the problems there: a solution that would also enable Germany to help bail them out without making it too overt/direct and upsetting the German electorate (67% do not want their government to give any financial help to any of the PIIGS).
Why not simply introduce a ‘towel tax’ in Greece and the Greek Islands? A cash tax of €10 levied on anyone who puts their towel on a sunbed by the pool before the end of the official breakfast time at the hotel/apartment complex over there.
This would not only raise vast amounts of cash to help Greece with her problems but it would also be a good cultural fit over there as it is ‘cash guv, wink wink, say no more”.
We could even have an equivalent in Ireland - only here, it would probably need to be called a ‘flannel tax’.
Every time someone in government says anything that implies the current problems here were not caused by them we could levy the tax. It would raise a fortune.