Merkel On Britain

Merkel is telling Cameron to not listen to the Conservative Party, but to stick with the EU. That surely should either tell Cameron who is right or, if he sticks with his EU love-in all you need to know about Cameron. The lines are clear; you cannot be a Conservative and support the EU. Cameron hasn't ever really looked like a Conservative, though has he?

Merkel also said that during WW2 Britain joined Germany in ridding them of National Socialism, which is an interesting take on history, but guilt is a funny thing. What she clearly does believe is that the aims of National Socialism were fine, it was the methods she had a problem with, all that killing and buying expensive weapons. So much better to invite countries to subjugate themselves and spend the money on yourself. Can't have too many EU palaces, or too large an expense account!

As I have said earlier, the EU is the modern incarnation of Hitler, or Stalin or Napoleon. Merkel says we should be alone if we left the EU. How wretched America must feel at not being in the EU, or Australia, or Norway, Switzerland or so many other successful countries free of socialist oppression.

In the capitalist world some people take a risk and set up a company, it does well and they get rich. Having some rich and some poor may not seem right to some people but it is a sort of natural order of things, it's what people instinctively do. The crime is not having a society that offers opportunity to all. Welcome to 'socialism'. With socialism the idea is to kid people that you will take money from the rich to give to the poor.

In reality redistribution of wealth doesn't work like that. There are way more little people than big cheeses. You may not think Richard Branson pays enough tax, but why do you think income tax starts at such a low level? Why is tax on fuel so high? Because the little people have a large slice of the wealth (and generally cannot 'help' politicians with little problems, like where to holiday this year).

Socialism has you and an elite. Unlike businessmen in a capitalist society who may or may not work hard (but will have done at some point), the socialist elite don't do anything tangible. They are the modern equivalent of Louis XIV's entourage. Wealth is, on the whole redistributed to them. Merkel doesn't want that boat rocked.

If I Ruled The World - Merkel

Merkel, echoing her Finance Minister, thinks that member states in the EU should have control of their national budgets taken away from them and given to Brussels. This suits the Germans of course and will mean that they can more effectively prune the nations budgets they currently don't like.

The reason for handing power to Brussels, to make it one of its 'competences' is because of the competent way it allowed countries into the EU and Euro that were basket cases and lied about their finances. Also, for introducing the Euro at all, a construct that had no ability whatsoever of working, it was always going to lead to a financial crisis.

But, we should not forget, for also not being able to get its own accounts signed off, ever. Giving control to Brussels would be the same as asking the BBC to form a policy for dealing with paedophiles. On that subject, what did the BBC report as being the problem in Europe at the moment? People in countries like Greece turning increasing it seems, to 'Right wing' parties. Honestly, this is what they hit on as being the issue, not the fact that an attempt to Sovietise Europe through EU power grabs was actually the cause of all the problems.

They didn't highlight the way that Merkel was demanding that power be taken without consent. German leaders have form regarding such statements of course.

The Eurozone - A Fairytale Of Our Time

When the gross incompetence of Gordon Brown was finally realised, he puffed himself up and blamed the bankers for our troubles. They had, he said acted irresponsibly and they had taken unacceptable financial risks. For good measure he added that the crisis was caused by America. So pretty much anyone but the guy who had acted irresponsibly by borrowing recklessly and in so doing had taken reckless financial risks with the entire nations wealth.

But he was partly right of course, that the decision by the Clinton administration to force mortgage providers, by law to extend loans to people who hadn't 'traditionally' been able to afford them, was the root cause of the crisis. Because they not only couldn't 'traditionally' afford these mortgages, they couldn't in reality either. Add in suicidal risk taking by greedy corporate bankers and hey presto! an entirely predictable crash that was a shock to the bankers and regulators alike.

In effect, these extremely stupid people had bought a parking lot full of cars, many of which were on fire. 'That's OK' they assured themselves, 'the profit we make on the good ones will cover those on fire.' Then they watched the fire spread until the whole lot was gone. 'Oh well, I'd better ask my old mate Mr Politician to give me a sackful of cash, for no justifiable reason and with no strings attached', was the resigned sigh on the banker.

Now it is payback time and American politicians are accusing the Eurozone of continuing, exacerbating and feeding the world wide economic crisis. A charge that cannot be denied. Take Angela Merkel. On the face of it she is a German politician representing the best interests of Germans. So when she stands up and pronounces on the latest measures to control the financial crisis, she is doing the best for her country and the wider community of nations, we all being reliant on each other in this financially interconnected world, of course.

But no, Merkel is in actual fact supporting only a small cabal of EU politicians, of which she is one and the technocrats behind them who run the EU. Greece is in trouble and that trouble is caused by the Euro. And they cannot grow their way out of trouble, because of the Euro, so huge bailouts of EU cash (much of it German) is passed to the Greeks. It doesn't really help as the problem is systemic -the Euro, but it tides them over. That the bailouts are illegal under EU law seems to be overlooked.

Here is the logic Merkel and all of the 'top table' EU politicians are working to; if the EU were a single nation then the Greek crisis could be contained the same as the disparity between North and South in the UK. But that means setting up a superstate called Europe, centrally run and with a single set of laws and taxes, which amazingly also happens to be what the whole project was set up to achieve. So a crisis caused by the politicians and that cannot be cured without Union, will result in what the politicians have wanted all along. Ever felt you are being played?

The tiny, insignificant fly in the ointment is that the people of Europe do not want this solution, but what EU politician ever thought that what the people wanted was important?! If these politicians grant themselves the present they have always wanted, there is no guarantee that the world economic recession they are currently exacerbating, will end. That can be achieved though, by simply throwing the whole idea of a united Europe into the same bin in which currently resides the last great soviet project. It is funny how authoritarian communism, no matter how it tries to disguise itself always implodes. Maybe, it is just a bad idea, don't you think?