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Old 11-20-11, 10:46 AM   #8
Skybird
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On the Arab uporsies, a major cause were the simple existence of the internet, and access to foreign media and the option to coordinate the uprise. Obama's Cairo speech, Bush's agenda and EU's appeals had little or nothing to dow ith it.

On Europe, the hallucinations here carry on. It should be obvious for even the blindest fool now that the Euro was a terrible mistake and counts as one of the two big disasters in the post-war history of Europe. Spiegel reports however that Merkel wants a German referendum to change the German constitution that way that it will allow and even demand more sovereign powers - amongst them all fiscal and economic powers - of the German government shifted from Berlin to Brussel. Germans seem to be record-holder in self-destruction, it seems - we do it once again with that. France smiles and sees the possibility to get a deciding word to decision-making in German economy and fiannce issues. That Britain complains that there is a Fourth reich in the making wshil repeating its demand to keep all national economies together in one bundle and to evenm expand the EU and allow Turkey in, just shows how very much disconnect from Europe they are.

If we lern one thing from the current events, then that the intrerfsts of the states and the likes and prefernces of the people in Europe are extremnely diverse and different - too diverse and too different as if the idea that there could and should be one singular state with a centralistic, almost totalitarian government holds any realism or pleasurable quality.

Yesterday, a report was püublished saying that Barosso and the debt-.mnakers in the south now demand "return services" (Gegenleistungen) for the fatc that German bonds currently can be sold at record low interest rates. "Return services" implies that the southern nations and Barosso think they did something for Germany for which now they can demand these return services. But what did they do for Germany? Thes elow interest rates ncurrently are just the logical reward by the market that currently thinks the German economy is set up better than the others, and that nGermany can handle its debts. If the interest for other nations is higher, than this is the market'S assessment that the risk nvolved whehn delaing with them is higher, and for that they get the market'S punishment. In what way is the poor performace and forgery in certain nations a benefit for Germany for which these nations can claim "return services"...? Germany guarantees several hundreds of billions, and if looking behind the officiaol numbers and calculating the im0lications of the future that polticians so very much hate to talk about to the public, then we even guarantee for over 2 trillions of foeign debts and EU debts. We have skyrocketted our own debts just to bailit others and guaranteeing these things. They cost us hundreds of biullions and trillions, in the end.

And they have the nerve to tell us we owe them "return services" for that...?

Bloody a****es.
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