EUROBLOWN: As Spanish rules suddenly apply, the transfer of sovereignty continues

Merkel’s mad desperation is more obvious by the day

As more and more of what’s left of European Sovereignty moves towards Berlin-am-Brussels, it’s increasingly clear that the rules are being made up as we go along.

Thus the word from Berlin this afternoon is that a deal is under the table allowing Spain to recapitalise its stricken banks with aid from its European partners – but avoid the embarrassment of having to adopt new economic reforms imposed from the outside, German officials say.

What one might also observe is that, as the debtors become more and more impossible to lose from Angela’s Fiskal Union (or bail out) bullying is less and less noticeable.

Thus, while Berlin remains firm in its rejection of Spain’s calls for Europe’s rescue funds to lend directly to its banks, German officials said that if Madrid put in a formal aid request, funds could flow without it submitting to the kind of strict reform programme agreed for Greece, Portugal and Ireland.

Instead, Spain would only have to agree to new conditions tied to the reform of its banking sector. I will give you just the one guess as to how that’s going to go down in Dublin, Athens and Lisbon.

A Slogger has pointed out an interesting (in the Chinese sense) piece by Richard N. Haass, President of the US Council on Foreign Relations. His subject is the relationship between globalism and sovereignty, and these are the key extracts:

‘The world’s 190-plus states now co-exist with a larger number of powerful non-sovereign and at least partly (and often largely) independent actors, ranging from corporations to non-government organisations (NGOs), from terrorist groups to drug cartels, from regional and global institutions to banks and private equity funds….This is not to argue that Microsoft, Amnesty International, or Goldman Sachs be given seats in the United Nations General Assembly, but it does mean including representatives of such organisations in regional and global deliberations when they have the capacity to affect whether and how regional and global challenges are met…..Globalisation thus implies that sovereignty is not only becoming weaker in reality, but that it needs to become weaker. States would be wise to weaken sovereignty in order to protect themselves, because they cannot insulate themselves from what goes on elsewhere. Sovereignty is no longer a sanctuary….sovereignty must be redefined if states are to cope with globalisation.’

The flaw in the argument lies right there in the tail-end – that is, the assumption that Globalism is here to stay, and will increase. Me, I’m looking through the other end of this telescope: Globalism has been a terrible mistake, and so have supranational States. We need to get back to devolved self-suffiency at and below national level.

But at the moment, what we need is not what we’re getting; and nowhere is this more apparent than in the complete screw-up formerly known as the EU’s eurozone. Having created the original Common Market with the aim of caging the German invasion habit forever, we have allowed a single currency’s total imbalance to not only set Germany free from its enclosure, but also ensured that it now has a new non-violent form of invasion called Fiscal Union. (In German, Fiskalpakt…..which oddly enough rhymes with Krystallnacht. As Twain remarked, history doesn’t repeat itself, but it does rhyme.)

Merkel’s vision (if her meeting with Scameron is anything to go by) is a Europe where everyone speaks English (one needs clarity when dealing with one’s servants) and all the edicts are in Made in Germany. The French will do the farming and cooking, the Italians will cook the books, and the Greeks will be there whenever any Teutonic coward feels like giving them a good kicking. As Kathimerini reports today, “German Chancellor Angela Merkel said that she supports a two-speed European Union, with a core group in the euro pressing ahead with deeper integration and the U.K. among the others relegated to Europe’s margins”.

“Those in a monetary union will have to move closer together,” Merkel said in an interview with ARD television today. Closer my God to thee and all that, but it still comes down to the same result: the collection and centralisation of power. Ed West wrote a piece somewhere recently (the links are good here, aren’t they?) observing that the governments would screw up first, followed by the banks, and then the media and security services would run everything. Although not an attractive prospect, I’d say the banks will go first and that’ll do for the Governments. Specifically, the ISPs and the security services would be in a near-unassailable position then, but they won’t be able to keep the lid on things. I still believe something better will come out the other end, but if it’s OK with everyone else I may hibernate until we’re there.

I am increasingly coming round to what I call the MIM explanation of contemporary weirdness. The MIM stands for Malignancy, Incompetence and Madness. My hypothesis is that the elite 7% is made up of folks who have one of these dimensions predominating. Thus Bob Diamond is so malignant, he could fend off jointly-emitted chemo and radiotherapy going at full belt, Herman van Rompuy is  incompetent enough to merit being thought of as outcompetent, and Christine Lagarde is clearly madder than any of them. Some players have two dimensions at once – Venizelos is malignantly incompetent – but only a select few have the full, three-dimensional MIM ticket. Merkel is one, Putin another, and Wolfgang Schäuble is shaping up nicely in that direction. Above all, the Greek bloke who runs Golden Dawn is truly and deeply a poisonous half-baked fruit-cake.

The only thing remaining is to get some decent shrinks and people-watchers to work out why the MIMs rise to the top. Or better still, develop a sort of ‘anti-recruitment’ questionnaire to shoot each one as they’re discovered. Perhaps soon it’ll be possible to detect them in the womb, so they can be either aborted – or stolen from their parents in order to build the final bulwark against Islamism. Fire with fire is a detestable idea, but sometimes (after the liberals have let things drift too far) it is the only way.

Don’t get upset by the darkness of this posting, there’ll be a lighter one along in a minute.

66 thoughts on “EUROBLOWN: As Spanish rules suddenly apply, the transfer of sovereignty continues

  1. Reading this , a vision of a circular firing squad comes
    to mind, unlikely as that is.
    I am waiting for a large ‘false flag’ event soon ,to thrust the
    world into war.
    Hope I’m wrong, but the psychopaths in charge are running out of
    options.Time to cull the livestock before this finally come apart.
    They, and the cockroaches will crawl out of their bunkers,and
    truly own the world.

    • The Illuminati had planned an evil false-flag, posing as ‘Aliens’ from outer space, and they have asvanced weaponry beyond our knowledge. The Galactic Fedration ordered this was not to happen and all nuclear weapons have been disarmed. They planned on exterminating 6.500.000 Souls. The actually had the affrontery to attack the GF and all spacecraft destroyed. Yipee! Rest easy. Peace will soon be ours.

      • We do not need Illuminati.
        Self serving politicians desperate to hold onto
        power is enough.
        Your attempt at sarcasm makes you a candidate for the
        “red pill”. The paradigm you live in is false,stop reading
        the MSM.

      • “One of the most fascinating aspects of Operation Northwoods involved the proposed hijacking of an American passenger plane. The JCS proposed that a real plane containing American passengers would be hijacked by friendly forces disguised as Cuban agents. The plane would drop down off the radar screen and be replaced by a pilotless aircraft, which would crash, purportedly killing all the passengers. Under the plan, the real passenger plane would be secretly flown back to the United States.”

        This was the 60s.

        http://en.wikipedia.org/wiki/Operation_Northwoods

    • The circle is pointing towards its own feet. Shooting yourself in the hoof is rather a popular pastime here in sunny southern Europe.

  2. please don’t put Merkel and Putin together in the same sentence…after Merkozy and Merkollande, the possibility of Merkin is far too off-putting

  3. Yes it’s ‘dark’, but little to be gained by sugaring the pill I fancy.

    “Fire with fire is a detestable idea, but sometimes (after the liberals have let things drift too far) it is the only way.”

    I think you are right on both counts. If things were set up so that they could be called to account sooner then this sort of extreme might be avoided. But surely that is what the elite have been striving for all these years, to render themselves as unaccountable as they are today. So they are the instrument of their own likely violent outcome?

  4. Perhaps the MIMs rise up above the rest of us because they are serving, unknown to them, a MIM of a master, who is unknown to all of us. Just a thought!

    He helps them on the way, fridge an’all, because he needs someone here and someone there to work his miserable plans for mankind out in the real world.

    Currently reading Hitler by Ian Kershaw, and it is difficult to believe that he wasn’t serving some foul invisible master, who wanted the Jews destroyed throughout Europe.

    Some of us on the previous SlogEssay have been arguing that there are things out there, which are both real and beyond rational comprehension. You either believe they’re there or you don’t.

    If you believe they are there or, rather, he is there, then you don’t need to do a questionnaire because you have your evil explanation in one.

      • Western thought and religions tend to interpret the world and human behaviour in terms of the polarity of good and evil. Vedic philosophy recognised thousands of years ago that this interpretation is incomplete and therefore inadequate to the tune of one further elemental force which is just as important as the two that we focus more readily on. The three gunas: creation (rajas), preservation (sattva), and destruction (tamas); to see things in terms of just “good” and “evil” (which in some ways relate to the first and last of these) is to miss the bigger picture with a consequent loss of insight and understanding.

      • @Hieronimusb
        Interesting theory. Do you have any recommended book titles for further knowledge on this subject?

      • @Wfd: Baghavad Gita probably the best known, there are many translations. It is important not to become fixated on ‘good’ and ‘evil’ as the fundamental drivers of our world, they can only provide a limited perception.

      • @Hieronimusb
        Thanks for the recommendation, I’ll certainly look in to that, sounds very interesting. ;-)

    • ” it is difficult to believe that he wasn’t serving some foul invisible master”
      Wouldn’t that be the bankers/moneymen et al. (Prescot Bush as well as the usual suspects come to mind)

      Duality, you can’t have one without the other.

    • John.I don’t mean to interupt the thread, I clicked on this profile by accident and saw wonderfull photographs! thank you for sharing.

  5. Excellent piece here from Karl Denninger.
    The Market Ticker ®

    Commentary on The Capital Markets

    Posted 2012-06-07 11:54
    by Karl Denninger
    in Editorial

    On “Austerity” And False Gods

    I’m about to throw up listening to some of these clowns on The Hill this morning, particular Maurice Hinchey (D-NY-22) who is emitting nonsense from his pie hole as I write this.

    Let’s make this simple so everyone can understand.

    We hear that “austerity” is bad — and unacceptable.

    It is, as it has been implemented in places like Greece, as I have repeatedly noted.

    In Greece and many other cases “Austerity” is defined as pulling back government spending in the public realm but retaining the spending in the form of transferring money to the banksters who foolishly lent against nothing and, absent that support, would collapse.

    What this means is that all these policies are doing is in fact stealing the production of the common man and woman and giving it to the banksters.

    There is no means to avoid the contraction in the economy that must come from the removal of unsupportable debt. When that model fails — and it always does and must, as mathematically it is impossible to grow debt faster than production and not have it blow up in your face, all you will be faced with is the same contraction, plus more, but in the meantime your wealth and production will have been stolen to pay off the banksters!

    The choices are not between “austerity” and “stimulus” or anything of the sort.

    Again, there is no avoiding the contraction in both debt and GDP that must take place. The only question is whether you’d like to allow the banksters to steal, using the power of government, more and more of your wealth and income before the contraction takes place, effectively paying off their bad bets and forcing you to cover them twice!

    That’s all folks. We’re not arguing over whether we should take path #1 which will result in economic contraction or path #2 which will not.

    We are arguing over two paths which will both lead to severe economic contraction but in one case you will stop handing over your wealth and income to the banksters who knowingly made bad loans and accept the contraction now and in the other you will be bankrupted by these transfers under the false claim that contraction can be avoided and then take the contraction, materially increasing your pain!

    The “no pain” path is what Greece was sold and now, after two years, the truth has become evident: the (intended) outcome was “no pain for banksters, everyone else starves.”

    This was not an accident — it was in fact by design and was a fraud sold to the Greek people just as it has been sold to America!

    The reason to take the contraction now is that it shuts off the theft of your wealth and income that is then given to the banksters. Either way the contraction will come because it mathematically must. But only through the jackboot of government and Fed intervention can you be forced to cover the banksters’ bad bets by having your purchasing power stolen.

    The issue before us is simply whether those who intentionally made bad loans and bad bets will be forced to eat them through removing the intentional excess liquidity (which is stealing your wealth and income every single day) or whether you will be forced to cover them as well as suffering the inevitable consequences of the contraction.

    Approximately $3,000 has been stolen every year for the last four years from every man, woman and child in this country through intentional deficit spending and debasement for the benefit of these banksters, yet the economy has not recovered. We cannot recover that which was stolen but we must stop the stealing now as this theft has and continues to damage the common American every single day it continues.

  6. @JW: “Globalism has been a terrible mistake

    Since this term means different things to different people, it would be helpful to know what you mean by it… as I’ve said before. If you want to end foreign trade or foreign travel etc etc, that would be the best way of creating the next WW.

    • @BT: FWIW, I understand globalism, in this context, to mean (paradoxically) the transfer of power (away) from individuals to nations and from nations to supranational organisations which ultimately feel no responsibility to the individual, only to themselves. i.e. more to do with control than access. Something (nasty in the woodshed) getting bigger/stronger whilst everything else gets smaller/weaker.

      • That is what I and many others believe Globalism is. Does it mean something else to others? I would add that the global corporations are trying, and in places suceeding, in removing cultures and replacing them with one they are defining as we type, so we all sing from their hymm sheet. Does the term ‘EU regulations’ not send a chill down your spine?

      • @MissBH: Yes, definitely! Not just a chill, I think it’s turning into frostbite. :-(>

      • @H…..b: Thanks, that’s a good description of globalisation “in this context” and JW certainly referred to that in his piece, hence his link to that article. But I believe he has other views on it, so far unspecified.

        But even in this context, I cannot see how we can easily abandon globalisation, given the nature of global society today: telecoms crosses borders, the Internet crosses borders, people cross borders etc. These activities all require co-ordinated national responses – and ultimately – pooled sovereignty on management systems for them, else each time we travelled to another country we’d need to queue up for visas, or get a form filled out in triplicate each time we sent an e-mail abroad etc. Or the UK telecoms system wouldn’t talk to the telecoms system in other countries due to technical compatibility issues etc.

        The UN was created to take the place of the failed League of Nations and exists (theoretically) to keep the global peace. Again, nations pooled their sovereignty to do this. I certainly believe that this category of globalisation goes too far in some cases but we all have to be careful of not closing the gates and pulling up the drawbridge and isolating ourselves.

        Another aspect of globalisation is trade. And I believe JW has a bee in his bonnet about this. But I strongly support it and – properly managed – it can help poorer nations to develop and share global wealth and allow us all to share in new innovations. A problem is that so often it leads to dumping which I strongly disagree with and we must introduce better agreements. Apart from that, if we abandoned global free trade, I wouldn’t be able to buy bananas – even with all the global warming humbug!

      • @BT: So you think JW’s holding out on us?;-) The human/commercial logistics can surely be fulfilled through interNationally agreed standards without the Babelonian solution? Or would cultural and linguistic homogeneity and tax farming be better? Perhaps it is the logical extension of ‘what we have come to expect’, dunno, personally I prefer variety but wouldn’t want to be isolationist about it exactly. At the moment it’s looking like some of us have taken George Lucas as an instruction. If ‘they’ are right about the other matter, you’ll be able to grow those bananas yourself! :;-)

      • @H…b: I dunno. JW is a long time critic of globalisation and I’ve regularly asked him to define what he means by it, without success. As we see from this thread, it is not limited to political/diplomatic co-ordination, nor to financial services, nor investment, nor trade etc. It is actually a lot of different things. And I believe that free trade is one of the best ways to prevent wars. Making a broad brush statement of “Globalism has been a terrible mistake” is too generalised IMV. I’m all for streamlining the way in which necessary co-ordination takes place but if abandoning globalisation means removing all the benefits people enjoy and the global development it provides, then I’ll keep it thanks and just campaign for fairer agreements to prevent exploitation.

      • @BT: I think it all boils down to babies, baths, water and coefficients of friction. Free trade as long as you have something ‘real’ to trade with and can see that self sufficiency where possible is an advantage. Free market capitalism as long as it’s real and not manipulated etc. etc. The problem is that the present practitioners of globalisation prefer boiling babies and exploitation as a modus operandi and don’t do fairer agreements because they think that fairer is for fairies!

    • Good point BT
      Globalism has been with us since the first boat crossed the Channel, the mistake is the absolute greed, sloth and arrogance of most people in the west. We have lived beyond our means and want to keep doing so, no one wants to work harder and longer, everyone expects to retire when they are still capable of working; what a lazy, shiftless, complaining lot we are. Let´s blame the Germans for loaning money to other countries to buy German goods and then, not accept with good grace, loosing the lot.

      • @Rebraz: Quite so. I recall the first time I went to Thailand and sort-of expected to find the culture very different. I was amazed to find branches of MacDonalds on every corner, 7-11, Pizza Hut and every other global franchise including Boots the chemist in Phuket. Now Tesco. The first Subway outlet I ever saw was on Patong Beach in Phuket etc. Personally I avoid all these places like the plague and indulge in local food (yummy yummy) but I guess a lot of travellers find them convenient. To me it’s an aspect of free trade that I dislike but who am I to decide?
        Would I want to see all this abandoned? Absolutely not. London would be a far worse place without all the foreign foods available for us to gorge ourselves on!

      • Rebraz

        sorry but I can’t go along with all that ‘We lived beyond our means’ stuff.
        If everyone in the West set to at full productive capability then we would be up to our eyeballs in an abundance of all the material wonders a modern mechanised society can produce and each item would have little/no profitable value.
        Capitalism requires a scarcity (real or artificial) in order to demand a sufficient premium over and above the costs of production to realise a profit.
        If we had full employment then idle workers would be scarce and the price of a man hour would rise eating into the profitability of the capitalist class.
        Those lazy idle doleys are performing an admirable service, they keep wages down, they keep produced goods scarce and they make great scapegoats.
        If the lazy and feckless disappeared then new scapegoats would have to be found to blame (such as those who can’t spell losing, it is just as arbitrary)

    • Yep, I can’t say I agree with that statement either.

      An orgy of debt and financial tomfoolery has been a terrible mistake. I don’t think an interconnected world has.

    • Globalism means “to end foreign trade or foreign travel etc etc,” ?

      That’s not what he meant and you know it. You took him out of context. He’s clearly talking State Sovereignty. In case your memory fails you or are too young to recall, before such “world fiscal takeover” and “global regulatory planning, single monetary” to control mankind, people of Sovereign states traveled and conducted trade. In fact, we need Free Trade more than ever with less central regulations from unelected idiots who never conducted business of any kind but live in a self-appointed “govt” office of the UN and pass business-killing regulations.

      • @Santorini: Read my response above to @H….b. I was not taking JW out of context as you allege, just trying to nail down what he means by globalisation because he regularly attacks it; this essay is only one example. There are some aspects of it that many of us would like to see abandoned or at least restricted but certainly not all of them.
        The world needs free trade or we will all be the worse off. But JW never differentiates. Clearer now? :-)

  7. Are these people evil or is it not just a case of the road to hell being paved with good intentions? Not that it makes any difference to the end result of course. I suppose Hitler thought he was on the side of right in some extremely twisted sense.

    I know that people often ask if Tories are mad or bad and I have to admit that when I see a Tory minister on the tv expressing outrage at the latest Syrian massacre or whatever, I am always mildly surprised that they are purporting to care about the victims; I am genuinely don’t expect them to feel obliged to even pretend to care.

    • To see the hippocracy of these ‘leaders’ one just needs to imagine what their response would be to ‘us’ – if the general public arose en-masse in the UK and marched on Westminster – demanding they get out !
      They would ‘protect’ themselves with whatever means was available – the Police and if necessary the Army. Live munitions would be authorised if they felt that ‘they’ were under threat………it is the way that bad people in power act…….self interest is all they know and they care ‘not a jot’ about anyone else…..

  8. Pingback: John Ward – Euroblown : As Spanish Rules Suddenly Apply, The Transfer Of Sovereignty Continues – 7 June 2012 | Lucas 2012 Infos

  9. John you highlight this subject with a truism that beggers belief. I can’t speak for and on behalf of anyone when I share this sentiment: The real fear in peoples minds, with people I chat with in all mediums, face to face and online. is this actual subject along with the climate change tax. The MSM may show the great pictures of people enjoying the hard earned cash being sunk into 4day celebrations for one of the Richest women in the world
    ( who was humbled by the way) to a lavish show of pampered, drugged bunch of people who run. jump and throw stuff- and their legion of trainers-hangers on. Seriously we are not alone on this site thinking along the same lines. In fact, I usually astonish people when I let them know I do not have a TV, Now people are agreeing with me, saying they hardly watch it. I can disclose many are thinking the same as most of us here.

    John,You do write with a sincerity that is eloquent and enviable. I wish I was gifted and educated to produce such essays.

    • Miss B Having, I experience exactly the same response in the circumstances you describe …. and after saying they hardly watch it, 90% follow with “only for documentaries”.

      When I’m in a really misbehaving mood, I respond with “Umm, what exactly is a documentary?” (cue, awkward silence)

      The pulpit served for centuries, then Hitler took aboard the new technology – the Lautsprecher. Now, as the late Eric Blair foretold with such amazing prescience back in c.1946, the best way to subvert the people is via the Telescreen.

      • You sound like a paranoid lunatic old chap, unfortunately I agree with you. Even more unfortunately I am not the type to agree with these sorts of sentiments at all, so I can’t help wondering whether I am going mad or just waking up. Then I remember Fox News…

    • I found that piece quite revealing Matt once I mentally got past the annoyingly unnecessary translation immediately below the coin, maybe I’m more globalised than I thought :-)

      After reading it, I couldn’t help be left with the impression that the Bildergergs don’t seem to be very good at what they’re supposedly supposed to do and even the leaked snippets from behind closed doors would make sense to their most ardent denouncers.

      Maybe they’re just misunderstood folks seeking a benevolent dictatorial Utopia for the rest of us and being thwarted at every turn by the vagaries of the common people?

      We all remember how difficult is was for that young Greek lady Jarvis sung about back in the heady days when Pulp ruled the airwaves, I think she might have been a Bilderberg……………..

  10. John, as much as I like to read your blog, it is quite evident that you yourself are going increasingly nuts over the Euroblown situation. How come you rhyme Fiskalpakt with Kristallnacht (coming, by the way, with an “i” every and anywhere in German) on a Blog which claims to be somehow informative? Using your German-born wife as an excuse? Must be a hell of a marriage…
    Sorry man, way overblown and bordering on psychosphere. Reminding me on the well-known British argument “You lost the war, so shut the f*ck up”

    • Find my self drawn in the direction of Beirut and hell why not some would say, it used to be a place of fun before the hordes of aeroplanes descended there way back when.

      But you can’t welcome diversity and then complain when it takes on a different colour, and anyway it would be boring if everyone agreed with everything, sycophancy would become the norm and John would be constantly asked by the following hordes how should we f*ck off.

      Rhyming poetry is so last year Beirut!

      Our latest laureate couldn’t string a rhyme together to save her life
      too much trouble and strife even she is the worlds wife!

      • @Romford_Dave: This sort of thing is rife, I’m glad you brought your knife. (Don’t want to risk any more points on my poetic licence:)

  11. Great photo (at the top). David Cameltoe playing X Box diplomacy? My ten year old son could do better. Mind you, I bought the bloody thing against my ‘better nature’; I don’t even watch documentaries unless they’re about Dame Anna Neagle (I keep getting it every night in colour etc.). Much of life and the human condition contained in that paradox…

    • And he doesn’t know the difference between poppies and garlic; would you want a man like that cooking your goose?

  12. I’d happily spend £5 on a translator who would take care to translate, ” I Vow to Thee My Country” into German.

    Whilst I accept the composer was not English (Holst), His commisson most certainly was written for us and IS accepted by us.

    We commissioned it, we paid for it and it is OURS!!!!

    As a Patriot, I’m only glad the BBC were not allowed ultimate charge of the Jubilee Celebrations or surely we’d have witnessed “reality” TV where an 86 year old woman was forced to lie on a sunbed for four days in the hope that at the end of it she might just share the same skin tone, and be so dehydrated she might just talk speak like your average Jubilee Year BBC (work programme) Presenter?

    God Bless our Queen! God Save us from the rose tinted appologists who now rule our country, but in the real world ALL perished, because they refused to read and accept the facts of the world the lived in and died in.

    Some people never learn.

  13. Your teutonophobia is reaching clinical dimensions.

    It might be a good idea for you to seek professional help.

    In the meantime, be assured that the last thing anybody in germany wants right now is to invade anybody. We would prefer very much for everybody, especially to the south of Europe and across the channel to just get on, mind their own business and stop asking for our money so they can retire at 60 or debt-finance the world’s best football players just to enjoy a jolly good match on the weekend, thank you very much.

  14. Pingback: EUROBLOWN: In Brussels, the mentally ill are in charge. In Greece, they are starving. | A diary of deception and distortion

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