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Posts tagged ‘François Hollande’

The Most Important Meeting in the World … Again

 By Staff at the daily Bell

The Fate of the Global Financial System Hangs in the Balance … Critical meetings are taking place today and tomorrow which may decide the fate of the EU.  With that as the backdrop, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management, to get his take on what is happening.  Leeb told KWN the situation in Europe has “gone from bad, to worse, to outright frightening.”  Here is what Leeb had to say about what is taking place:  “My attention right now is focused on Europe.  What is going to happen over in Europe is going to be incredibly important.  Any rational person looking at the calculations would expect Germany to play ball, which means come up with a major funding package.” – King World

Dominant Social Theme: If it weren’t for these EU leaders, what would we do?

Free-Market Analysis: Stephen Leeb is worried about the state of the world and has piled all his hopes on some sociopaths meeting today and tomorrow in Brussels. We use the word “sociopath” only to point up the lunatic determination it takes to claw oneself into a position of power such as held by Angela Merkel, François Hollande, et al.

For a seeming eternity now, the top “leaders” have been meeting at expensive watering holes amidst fine wine and rich food to basically … save the world. The rhetoric is heated and the “summits” produce an endless flood of articles and pontifications.

Over and over, breakthroughs are hailed by pro-Euro publications and the world is pronounced safe with a generalized sigh of relief. Then a few days later it becomes clear that nothing has changed. Gradually reality sinks in: these exercises are vast and dramatic promotions, full of sound and fury but signifying nothing.

That is to say they are promoting a dominant social theme … that a few “top people” are capable of saving the world and that everyone else is merely history’s bystander. We wrote about this here: “Elite Orgasms in Rome: The Phoniness of Modern Leadership.”

This is such a pleasurable meme for the power elite that wants to run the world. It is kind of analogous to the meetings between Winston Churchill, Franklin Delano Roosevelt and Joseph Stalin at Yalta. Even the language is similar.

Then, the meetings were characterized by the nomenclature “Big Three.” Now, Reuters labels today’s politicos the “Big Four.” Once again, we are advised to watch passively as the fate of the world descends on the shoulders of four duly elected representatives.

In the 20th century it was fashionable to believe, in the West anyway, that economies were run via market forces. What we call the Internet Reformation and explanations of how the world really works presented via information technology have made it clear that the idea of a market-based economy has no traction at the top of hierarchy.

In fact, a group of impossibly wealthy, dynastic families – a power elite – runs the world and is nudging it with increasing determination toward full-on world government. This elite, along with its enablers and associates, uses fear-based memes to achieve its purposes by frightening middle classes into giving up wealth and power to internationalist facilities.

The idea that only a few top individuals can determine the fate of the world is surely one of these themes, and one breathlessly subscribed to by the mainstream press. This interview with Stephen Leeb is a great example of how this meme is propagated. Here’s a little more:

full article at source: http://www.thedailybell.com/4034/The-Most-Important-Meeting-in-the-World-Again

The European Union (EU) the New Soviet Union (NSU)

Vienna, Schönbrunn gardens, statue Fabius Cunc...

Vienna, Schönbrunn gardens, statue Fabius Cunctator (Quintus Fabius Maximus Verrucosus) (Photo credit: Wikipedia)

In an essay penned in June 2011 Bernard Connolly the author of “The Rotten Heart of Europe” explained how the European Union was actively morphing into the New Soviet Union. He outlined how democracy was being destroyed and replaced by bureaucratic command. I have to congratulate Mr. Connolly for his courage in expressing views which endanger his financial career but unfortunately many are coming to comprehend that his analysis is the truth if only because it places a rational paradigm on disparate activity that is actually happening to people in their daily lives. Below I list ten examples to support this thesis. Socrates in his wisdom asked his Greek students to judge a tree by its fruit. If the list below induces an epiphany and makes you realise that the “fruit” of the EU is falling from a NSU tree then I urge you to act on that awareness and disseminate this consciousness and commence creating peaceful community



To soviets money is not a medium of exchange but an instrument of command and control.

When you comprehend this central fact you begin to understand what is currently playing out in Europe.The Euro was introduced for political rather than economic reasons. As explained by Connolly in his aforementioned book the elites in Brussels knew that this hastily executed plan towards monetary union would have catastrophic effects on certain member countries i.e. Greece, Portugal and Ireland. However, despite these reservations, the policy was actively planned and promoted. Thus the current “financial” crisis laying waste to Greece was utterly foreseen by Connolly in 1995 and therefore very preventable.Before our very eyes the needs of the people of Europe are being trampled upon in the lust to bring about soviet style centralization of the European market economy.


Soviets do not do democracy. Ireland is one of the few countries in Europe that has a functioning constitution. Due to its independent judiciary this constitution has been defended and upheld. According to the constitution any changes must be put to the vote of the people through referendum. Ireland has voted on a number of occasions to refuse closer integration into the Europe Union. However, in total rejection of the democratic ideal and in true soviet style, the results of referenda have been rejected by Brussels. Following the Lisbon referendum the Irish political class were privately “demanded” to orchestrate a second referendum when the original “no result” did not suit. This policy of Brussels has rendered national democracies and their written constitutions redundant.


The essence of freedom within the western tradition in Europe is the operation of free exchange through independent markets. Sovietism rejects free exchange in favour of command economics. Over the last 40 years markets in the European Union have been manipulated through progressive and excessive “red tape”. The result is that small and medium sized businesses have been decimated and have been replaced by large “corporate” entities which are centrist creations operating through Fabian policy, funded by client banks. The end result has been the increasing dominance of the same economic “players” throughout the EU. This is Fabian centralization at work. (Fabianism is the slow persistent application of socialist policy which achieves its objective so gradually that most people do not realise the radical change in motion. The word is named after the Roman general Quintus Fabius Maximus Verrucosus Cunctator (ca. 280 BC – 203 BC) a Roman politician and general who wore down Hannibal by many years of attrition rather that through immediate direct open combat).


Sovietism destroyed the free indigenous farmer in Russia and centralized its operation. The common agricultural policy has achieved the same objective throughout the European Union. Local family farming has been superseded by industrial level food production, control and distribution. These food combines are centrally owned and financed.

Propaganda as a technique of mental conditioning is an essential element of control under sovietism. Through “broadcasting commissions” central control of “real” information is being achieved throughout the European Union. Thus local and national newspapers, radio stations and television stations all receive their “news” from central “out-sources” with very little real journalism in evidence. This model has led to cross ownership of most European media assts by chosen corporatists. This group disseminates a consistent liberal/socialist message. No alternative philosophy, in the main, is given relevance or coverage. A “Pravda” type of “on message” conditioning has replaced news and information across the EU.


Sovietism is international. Its goal is the central monopolistic control of all the factors of

production i.e. land, labour, entrepreneurship and capital; internationally. Sovietism has no use for nations as such. Thus in true soviet style “Nationalism” has become a dirty word throughout the EU. To be a “Nationalist” has almost come to be regarded as a terrorist. The only political mantra given European credence these days is international multi-culturalism and global corporatism as both of these mental concepts suit the international soviet policy objective.


Sovietism does not countenance independent thought. Accordingly Aristotelian classical criticism, the foundation of the western educational systems of the past, has been replaced by a blind technical mentality. The spirit of rational speculation have been rendered irrelevant in favour of a utilitarian dogma. The direct result has been a “dumbing down” in general academic standards and an overall destruction of critical consciousness. This explains what is presently going on in our schools and colleges and why increasingly these institutions “graduate” so many students who do not think for themselves but who are generally perceived to be in a constant state of “consensus trance”.

Soviets have no place for religion. Thus, for example, in Ireland, Italy, Portugal and Spain et al it has been ordered that religious “objects” be removed from all “public” buildings. This secularization is an ongoing policy and its objective is the total acceptance of a material Darwinian rationality to the utter exclusion of any and every religious and spiritual creed.


Soviet policy fundamentally promotes the state to the detriment of the family. Throughout Europe, particularly over the past decade, family life has been attacked. Take the following two examples:

A. Family courts in the EU operate “in camera” through secret meeting whereby, in many instances, children are taken into state custody and fathers refused access. There is no right of appeal. Within these courts marriages are summarily sundered with little evidence required to substantiate a request for dissolution. Under many of the constitutions of the European states marriage is supposed to be THE institution the nation is pledged to protect, before all else. This is now no longer the case. In addition, under English common law, all courts should be public except in times of war or national emergency. B. EU states subsidise “lone unmarried mothers” whereby it is now economically beneficial to reject employment and commit to having children while remaining unmarried. By so doing these “unmarried mothers” thereby obtain a regular weekly income, food allowances, fuel allowances, travel allowances, crèche allowances, free healthcare and accommodation subsidies. All benefits are immediately lost by mothers should they ever marry. Currently in Ireland there are over 100,000 of these “lone/unmarried families”. These policies are leading to a future generation which will never experience “traditional” Judaeo- Christian family stability and is thereby creating a substantial underclass utterly dependent on state subsidies with no sense of a traditional work ethic or social commitment. (May I add that what is happening here is not the fault of these mothers; they are simply accepting a “lifestyle choice” actively promoted by soviet style state policy).


Soviets quickly identified the benefit of moral degeneracy in achieving its aims of family,

community and national decline. Throughout the EU there has been a near collapse in the promotion of basic moral consciousness. This trend is affecting all aspects of life and is leading to depression, alcoholism, violence, isolation, family breakup and social atomisation.


Thus if this indeed is the fruit emanating from Brussels then I too am slowly and reluctantly coming to the same conclusion reached by Mr. Bernard Connolly. I too am beginning to realise that this tree in Belgium should not bear the name: “the EU” but rather should answer to the nomenclature of “the NSU”: the New Soviet Union.


Bernard Connolly

“The Rotten Heart of Europe”

Faber and Faber, Great Britain, 1995.

Bernard Connolly Online:


(C) Christopher M. Quigley B.Sc, M.M.II., M.A., Dublin, Ireland, 24th. May 2012

EUROBLOWN: Merkel ‘fears Greek distractions will torpedo currency union’

By the Slog

The poker game that is non-negotiable bailout terms v Greek exit threat continues, but most of the propaganda is now coming from Berlin-am-Brussels. A German source suggested last night that Merkel is adamant that Greece must not derail the dash to Fiscal Union. If Francois Hollande gets his way, however, the Greeks will not be required to call the EU’s bluff – or vice versa.

“It’s the Big One,” as arch unconscious double-entendre expert David Coleman was wont to remark. The EU summit that begins today is an  important one for eurowatchers. Whether it will achieve much is another matter entirely. But either way, the session will be dominated by The Greek Question….something that is, allegedly, now getting very severely on the Fuhrerin’s nerves


full article at source: http://hat4uk.wordpress.com/2012/05/23/euroblown-merkel-fears-greek-distractions-will-torpedo-currency-union/

The Future Of Eurobonds

François Hollande à Saint-Cyr-sur-Loire

François Hollande à Saint-Cyr-sur-Loire (Photo credit: Wikipedia)

New French president Francois Hollande is making quite the impression with his anti-austerity agenda. He might even have a mandate to go toe to toe with German leader Angela Merkel of the pro-austerity camp in Berlin. Besides the incessant news about Facebook, European stocks did quite well on Monday. The MSCI Europe index rose 2.64% on the day, beating the S&P 500, which rose 1.6%.

Vlad Signorelli, founder of Brettonwoods Research, a boutique top-down investment research firm in Mt. Tabor, New Jersey, points out that the optimism appears to be linked to Hollande’s influence on producing a growth-affirming statement from the G8 over the weekend, along with his plan to raise the issue of Eurobonds at an informal Eurogroup summit this Wednesday

full article at source: http://www.forbes.com/sites/kenrapoza/2012/05/21/hollande-grexit-the-future-of-eurobonds/


Eurobonds are on the way???. Eurobonds by December ??

The Prospects for European Disunion

Deutsch: 45. Münchner Sicherheitskonferenz 200...

Deutsch: 45. Münchner Sicherheitskonferenz 2009: Der französische Präsident Nicolas Sarkozy beim gemeinsamen Pressestatement. English: 45th Munich Security Conference 2009: The President of the French Republik, Nicolas Sarkozy (ri), Federal Chancellor, Germany at the press statement. (Photo credit: Wikipedia)


Europe is, economically speaking, in dire straits, and the two most powerful economies on the continent are, at least on paper, led by individuals with considerable differences. The previous French President Nicolas Sarkozy was not merely regarded as a man of austerity but a man Chancellor Angela Merkel could do business with. The Sarkozy-Merkel imprint marks the entire bailout strategy that is now being employed against the Greeks.  It is a model that has ushered in technocratic governments whose loyalties lie less to the citizen than the budget.  Balancing accounts and paying creditors is considered the noble thing to do.  Sovereign interests, at least for those with empty wallets, come second.

Greek efforts to form a government have so far failed, and the Germans are getting agitated.  High up on the list of points that have been discussed between the freshly elected François Hollande and Merkel in their first meeting in Berlin is seeking a unified stance on rectifying the problem.  The issue is how far Merkel will budge, and how far Hollande is happy to yield to Berlin’s hardline approach on such matters as the fiscal compact

full article at source: http://www.counterpunch.org/2012/05/16/the-prospects-for-european-disunion/

Anonymous,important message to the people of ireland.(Fiscal compact treaty referendum)

A message from Anonymous to the people of Ireland: The Fiscal Compact Treaty Referendum. “We are Anonymous the cyber resistance network.” We appeal directly to the people of Ireland as the only people in Europe who are being given a choice regarding the introduction of the Fiscal compact Treaty. Over the coming days and weeks you will be bombarded with propaganda aimed at instilling fear into your hearts and demanding that you vote yes to this treaty. On behalf of the people of Europe and the world, we ask you to vote no to the fiscal compact treaty.

We ask the Irish people to remember the Lisbon Treaty referendum and how the same propagan dists told you that a yes vote would bring jobs and stability. You now know that this was untrue, and in fact more jobs have been lost. Those who bring the Fiscal Compact Treaty to Irish shores are the same forces that wrought economic and social depression throughout the world and are benefiting from the resulting destruction. This time they will tell you that the Fiscal Compact Treaty will bring stability to Ireland and access to funds that in reality are the results of your own labour and will be used to bail-out banks. People of Ireland do not be fooled; the Fiscal Compact Treaty has nothing to do with stability, it is a bail-out fund for the privileged and corrupt. It commits all future governments to handing over the fruits of your labour to faceless investors, and the complete and total privatization of public services.

The Fiscal Compact Treaty will deny democratically elected governments the right to care for the public, preventing the people from caring for their community. The Fiscal Compact Treaty gives budgetary control to faceless and unelected private interest groups who serve the interests of multi-national corporations, banks and investment houses, all of who desire to evict the people from the processes of government. The Fiscal Compact Treaty is a fascist treaty as it brings an end to democracy and replaces the rights of the people of Europe with the rights of corporations. We appeal to the people of Ireland, a proud people in whose veins flows strong and compassionate Celtic blood, we appeal to you to reject the Fiscal Compact Treaty and in doing so to once more raise the flag of community and social progress over the cities, towns, villages and Islands of Europe.

The future of the people of Europe rests in your hands. On the thirty first of May 2012 vote no to the Fiscal Compact Treaty. The people of the world await your decision with great hope, you may be the last great hope, vote no. This has been an appeal to the Irish people from Anonymous. VOTE NO.!!!!!!

Challenge to Austerity

Deutsch: Bundeskanzlerin Frau Dr. Angela Merke...

Deutsch: Bundeskanzlerin Frau Dr. Angela Merkel beim Tag der Offenen Tuer im Garten des Bundeskanzleramts English: Chancelor of the Federal Republic of Germany Dr. Angela Merkel on the open door day at the Bundeskanzleramt in Berlin, Germany Français : Dr Angela Merkel, chancelière de la République Fédérale d’Allemagne, lors de la journée portes ouvertes de la Bundeskanzleramt à Berlin, en Allemagne. (Photo credit: Wikipedia)

BERLIN—Europe’s voters delivered another rebuke to their leaders Sunday for failing to overcome a debt crisis that has thrust much of the region into an economic tailspin.

Less obvious is what Europeans expect their governments to do differently. From Greece to France, incumbents lost power—joining a long list that includes the former leaders of Spain and Italy. But their successors will likely find it difficult to pursue policies that deviate much from the austerity-focused course championed by Germany, Europe’s paymaster.As Europe’s only healthy large economy, Germany’s support would be essential for any change. And Chancellor Angela Merkel and her government, fearful of popular resistance in Germany, have made clear in recent weeks that they wouldn’t soften their austerity demands, no matter who won Sunday’s elections.

full article at source:http://online.wsj.com/article/SB10001424052702303630404577388360846621648.html?mod=rss_most_viewed_day_europe?mod=WSJEurope_article_forsub

Hollande,s French election win

Français : Francois Hollande - Mardis de l'ESSEC

Français : Francois Hollande – Mardis de l’ESSEC (Photo credit: Wikipedia)

PARIS (Reuters) – A victorious Francois Hollande faces a short honeymoon after his election as France’s first left-wing president in 17 years, with financial markets eager for clear signals on his policies and how hard he plans to push back against German-led austerity.

The moderate Socialist beat conservative Nicolas Sarkozy with 51.7 percent of Sunday’s runoff vote after a bruising campaign dominated by the same anger over economic crisis that has felled 10 other European leaders since late 2009.

While jubilant left-wing voters partied into the early hours of Monday in central Paris, Hollande admitted that for him, the festivities would have to be short-lived

full article at source: http://www.euronews.com/newswires/1507366-short-honeymoon-for-hollande-after-french-election-win/

Latest from the Slog!

Various Euro bills.

Various Euro bills. (Photo credit: Wikipedia)

From The slog

“The fiscal pact is negotiated, it was signed by 25 government leaders and has already been ratified by Portugal and Greece. Parliaments across Europe are on the verge of passing it. Ireland is having a referendum at the end of May. It is not open to new negotiations.”

Ze diskussion iss closst. But Ireland is having a referendum on it. So 25 government leaders could become 24. Indeed, the latest poll says that this will probably happen.

Ze diskussion iss closst. But that means one of the signatories will have negotiated an exit from the Union. So the discussion clearly isn’t closed.

Ze diskussion iss closst. But Greece looks set to elect a majority of Parties against the Troika bailout. And they’ve ratified the Union pact. So the Greek people are negotiating to unratify it – because they can’t accept the bailout AND join the Union.

Ze diskussion iss closst. And Spain has already told you where to stick your austerity targets. So it is negotiating about the ability to negotiate with the Union.

full article at source: http://hat4uk.wordpress.com/2012/04/27/a-new-word-is-invented-the-oxymerkel-15/

Insider’s secret advice to Merkel: Get used to it

Jean-Marie Le Pen, French politician)

Jean-Marie Le Pen, French politician) (Photo credit: Wikipedia)

By David Marsh, MarketWatch

LONDON (MarketWatch) — In the wake of the first round of the French presidential election, a leaked document from Berlin, conveniently and somewhat revealingly translated into English, has found its way into MarketWatch’s hands.


Memo to Chancellor

Bundeskanzleramt, Berlin, 23 April 2012


Esteemed Bundeskanzlerin, I am sorry. The results of the first round do not look good. I have to tell you that French elections traditionally propel change in the Franco-German monetary alignment. One of the reasons for monetary union in Europe was, as you may recall, to free us from the old style of doing things. But France is an old nation, and old patterns die hard. The French seem to be becoming more French, just as we are growing more German. So I would get ready, distinguished lady, for another change now.

Read our full coverage of the French election.

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