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Posts tagged ‘Nicolas Sarkozy’

Behind The Global – Game Of – Thrones


Greek PM Alexis Tsipras yesterday laid out Syriza’s stance, and from what I saw he didn’t pull even one punch. Despite all the suggestions from the financial press throughout the past week that Tsipras and Varoufakis reneged on campaign promises to seek debt write-downs, they didn’t, and never have – other than perhaps in semantics.

Which I don’t find the slightest bit surprising. I would have been very surprised if they had. The misinterpretation, and the faulty expectations, are easily explained through the fact that – most of – these guys are not politicians, which they very deliberately expressed in the way they dressed for their meetings with ‘Europe’s finest’.

They don’t see the ‘space’ career politicians see to negotiate away the mandate their voters have given them. For them it’s simple: we were elected on our program – which in this case happens to be to end the misery forced upon Greece by the European and Troika schemes -, and we’re not going to move away from that just because ‘the other side’ starts threatening us, or (a crucial difference in politics) because our voters may not vote for us again in a next election.

In their view, trying to scare Greece into even more submission, which is the overlying message emanating from Brussels and beyond, is entirely null and void because Greece can’t – and shouldn’t – sink any lower than it has. Very and refreshingly simple. No surprise there, but, at least on my part, just support and admiration. Syriza is fighting the fight many others don’t have the intellect, the chutzpah and/or the courage for.

The first thing they did, apart from hiring back the government offices’ cleaning ladies the Troika got fired, was to say they wanted nothing to do with that same Troika. That to me is the most important statement so far by Yanis Varoufakis and his crew. Because that goes to the heart of why Greece is where it is, and why the entire world is.

I saw a headline last night that said something like ‘Greece doesn’t want to talk to the EU’. But that’s not true. Syriza merely wants the IMF out of the picture. And then it would prefer to talk to separate EU nations and offices, rather than top down Brussels bureaucrats. Not just because of the Colonel Blotto game theory I talked about before, but because they recognize how insidious and ruthless the IMF is. I’ll get back to that in a minute.

The most remarkable ‘news item’ for me yesterday came not from Tsipras (or Greenspan), but from former French President Nicolas Sarkozy, who did something he would never have when he was in office. Sarkozy went against the grain of the official western narrative vis à vis Ukraine and Russia. He said what no acting French president could possibly say (including himself), because as president he would have been beholden to the US and NATO dictated doctrine, that Putin is evil, and Ukraine should be ‘liberated’.

Sarkozy: Crimea Cannot Be Blamed For Joining Russia

Crimea cannot be blamed for seceding from Ukraine – a country in turmoil – and choosing to join Russia, said former president of France, Nicolas Sarkozy. He also added that Ukraine “is not destined to join the EU.” “We are part of a common civilization with Russia,” said Sarkozy [..]. “The interests of the Americans with the Russians are not the interests of Europe and Russia,” he said adding that “we do not want the revival of a Cold War between Europe and Russia.”

Regarding Crimea’s choice to secede from Ukraine when the country was in the midst of political turmoil, Sarkozy noted that the residents of the peninsula cannot be accused of doing so. “Crimea has chosen Russia, and we cannot blame it [for doing so],” he said pointing out that “we must find the means to create a peacekeeping force to protect Russian speakers in Ukraine.” In March 2014 over 96% of Crimea’s residents – the majority of whom are ethnic Russians – voted to secede from Ukraine to reunify with Russia.

That is pretty close to 180º different from what the official western position is. Putin has taken note. Because it destroys everything the West, as represented by Germany’s Merkel and France’s Hollande, brought to the talks in Moscow this weekend (and Minsk today). More importantly, it throws out what NATO wants and prepares for. In the exact same way that Greece seeks to throw out the IMF.

And that is no coincidence. Sarkozy reveals his dismay at being told what to do, when he was in office, by the supranational NATO. Tsipras and Varoufakis refuse being told what to do by the supranational IMF. Same difference. Well, to an extent: Sarkozy did the NATO and IMF’s bidding when he was in office, Syriza never has.

Merkel, meanwhile, ceased resisting Mario Draghi’s mad €1 trillion+ QE program recently, and along that same vein she may today, as she’s talking to Obama in Washington, give up her resistance to the west arming Kiev. Which would be equal to a declaration of war against Russia. The pressure on her is obviously huge and increasing, but Angela should be smart enough to know that it’s impossible for Russia to stop looking out for the Donbass.

Because just about every Russian citizen has family connections in the region, who’ve been shelled by their own government for close to a year now. And if Russia were to retreat, chances are these people will be obliterated in very ugly ways. What Merkel should be demanding at the ‘peace’ talks is for not-so-very-democratically-elected PM Yatsenyuk and his shady government to step down, and nationwide fair elections to be held that include the Donbass. But she won’t.

full article at source: http://www.theautomaticearth.com/2015/02/behind-the-global-game-of-thrones/

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/

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/

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.

CRASH 2: 76 years on, Spain once again holds the key to the future.

From the Slog

For all kinds of reasons (entirely family, nothing to to with GCHQ etc) my posts will be briefer and more sporadic for the foreseeable future. Sometimes, stuff like this puts one’s life back into perspective…but also hones one’s ability to see the key points of significance on a bigger canvas.

The significance of what’s going on in Spain is a case in point. The Spanish Civil War in 1935-6 was a portent of what we could expect from the Nazis after 1939. Once more, 76 years later, the country represents a pivotal stage in the world’s drift into mute acceptance of the will of a tiny group of diseased minds.

Spain holds the key to whether we are going to be a planet of 3% masters and 97% drugged, half-educated serfs thirty years from now.

Chiefly, it is a question of non-compliance.

If Spain refuses to comply with the demands of Bedlam’s inmates, Francois Hollande in France will be encouraged to do the same. Sarkozy is losing ground in the polls: but if Hollande is elected and finds himself surrounded by enemies while stepping over landmines left behind by the bastards, he too will buckle. That’s the way it is with the current crop of politicians

full article at source:http://hat4uk.wordpress.com/2012/04/20/crash-2-76-years-on-spain-once-again-holds-the-key-to-the-future/

Thoughts from the front line

By John Mauldin

Sarkozy: “Problem Solved”, Or… Germany to Sarkozy: “It’s Not Over”

Greece  is having an “orderly” default. The taxpayers of Europe are in theory going to lend €130 billion to Greece to pay back €100 billion in Greek debt that is owed to private lenders. Greece has to pass several difficult tests in order to get the money. €100 billion of debt to private lenders will be written off. Thus the net effect will be that they owe €30 billion more. How does this help Greece, except that they get €30 billion more they cannot pay?

The”new” debt is already trading in the market, even though it has not actually been issued. (Don’t bother traders with messy details, just do the deal.) This page from Bloomberg is just too delicious not to print, sent to me courtesy of Dan Greenhouse of BTIG. It shows the new Greek bonds trading at over a 71-79%discount, depending on the length of maturity.

Note this is AFTER the 53% haircut already imposed. That reads to me like the market value of original Greek debt is now between 12 and 14% of the original face value. Didn’t I write in this letter early last year that Greek debt would ultimately get a 90% haircut? Let me suggest to my critics that what was pessimistic back then may prove to have been optimistic at the end of the day.

Full article at source:http://www.johnmauldin.com/frontlinethoughts/?utm_source=newsletter&utm_medium=email&utm_campaign=frontline

Sarkozy and Merkel : Time is running out for Greece!

By MarketWatch

FRANKFURT (MarketWatch) — French President Nicolas Sarkozy and German Chancellor Angela Merkel on Monday said time is running out for Greece to reach an agreement with international creditors on a new rescue plan. “We want Greece to stay in the euro … this is the opinion of both of us,” Merkel said in a joint news conference after a joint French-German cabinet meeting in Paris, according to Reuters. “But I also say there can be no new Greece program if agreement is not reached with the troika,” she said, referring to the European Union, International Monetary Fund and European Central Bank. Sarkozy said it was crucial for Greece to meet its commitments. “Time is running out, it needs to be concluded, it needs to be signed,” he saidsource :http://www.marketwatch.com/story/story?Guid=2919c965-6ae0-4d96-a377-815208cc9c57&link=MW_home_latest_news

Comment :

Who gave these two the right to dictate to the rest of Europe???

Here is a perfect example of pressure been put on the Independent Greeks to bail out gambling bondholders who did not stick to the basic principles of financial sense and that is to conduct due diligence before investing in a project .They have broken their own rules and now want the Greeks to pay their losses back to them or should I say the Greek taxpayers! Greece will default and Ireland and Portugal will follow in quick succession!

Despite having stooges in the Irish Government who are nothing but gombeens and wafflers we are in no position to continue to meet the never-ending demands for more “austerity measures” coming from the Troika. Irish business is creaking to a halt without the lifeblood of credit flow and honest financial institutions that are regulated on behave of the public by competent independent regulators .

A bad deal for Ireland and a bad deal for Europe

By David Mc Williams

The deal signed last Friday is the beginning of the end of Europe as we know it. The shift is on from a family of nations, with checks and balances, to a German Europe where diktat triumphs over dialogue, and the interest of the strongest wipes the floor with the concerns of the weakest. Luckily for us, the deal looks unlikely to work because they haven’t been able to come up with enough money to prevent another bond crisis early next year, as more than €1 trillion of bonds in the eurozone come up for refinancing.

But we should take a long look at this deal to see whether this is a place we want to be. Make no mistake, the EU is now a very different beast and, when this deal fails, something more extreme will take its place. So what might the new Europe look like?

It looks like Germany.

This is a place where, if you don’t like something, you declare it illegal. Last Friday, Germany said it didn’t like the business cycle, which is as natural as night following day, so they made it illegal. I don’t like heart disease, but it won’t go away if I declare it illegal.

full article at source: http://www.davidmcwilliams.ie/2011/12/12/a-bad-deal-for-ireland-and-a-bad-deal-for-europe?utm_source=Website+Subscribers&utm_campaign=1d9074ed06-Weekly_Roundup_30nov_2011&utm_medium=email


For the past month I have been living in Germany. I have been out of work here (was self employed in IT ) for the past 3.5 years I am not entitled to any support from the state and I have not been able to get on to any courses to help my situation .Despite having written to various politicians over the years I had enough with the gombeen politicians and the notion I must cow down before one of these public leaches to scrape out a living was just too much for me so I decided to leave like the other hundred thousand fellow citizens.

The cost of living in Germany is so much less, for example I am now living in a small one bedroom apartment at a cost of 400 warm a month. I recon I can get by on 700-900 euro a month easily.

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There is plenty of work and if you are prepared to work for 4.50 an hour. I will be working at 3 different jobs and the most I can expect to bring home is 1000 Euros after tax. If I stayed in Ireland the cost of running the car and petrol insurance petrol and repairs would take up over 50% of my take home pay. To rent out a one bedroom apart would set me back 700 euro .Germany is not milk and honey but it does beat listing to all the crap coming from the political leaches currently sitting in the Dail .Until the ordinary citizens of Ireland make a stand against the Snakes in the Dail the people will be squeezed for every penny they can get .The cost of living is unreal here and the continuing increases in taxes makes a mockery of anybody trying to set up a business. The red tap is just there to justify civil servants and their lottery wages. I intend to set up a business in the small town I am now living in and I have nothing bet the best of support from the local county council. .They even offered me a small grant to help get the business up and running next year .Whereas in Wicklow I would be going from Billy to Jack and anybody else who has nothing better to do with the time they have on their hands ,only then to be told sorry Health and Safety will not allow such and such.

Gombeens and Cronies are all that will prosper in Ireland as long as the people remain like sheep and put up with the corrupt political and economic system. As always who you know and who you are .Are the passports to success in Ireland.

People of Ireland wake up and make a stand against the vested interest and insiders  

Budget a mere sideshow to Merkozy’s grand plan

English: The International Monetary Fund (Head...

Image via Wikipedia

By David Mc Williams

In the past 24 hours, three dramatic developments have taken place, each of which will have a profound effect on your life in the next few years. Although all three are related, it is not quite clear which one will be most significant.

First, of course, is our own Budget. It has been well flagged, much leaked and seems to be more of a holding exercise than a decisive move one way or another. Many will argue that there is little point in talking about “austerity” while sticking broadly to a plan which sees state spending running at €57bn while State revenue is €20bn less than that.

Others will point out that if the State doesn’t fill the gap by spending then nobody else will. The fact is that people are not spending, which means that the economy would contract even more if the State cuts too quickly.

This argument will rage, but it can’t be seen in isolation because the legitimacy of the ”cut now or cut later” discussion is linked to what is going on in Europe. If the Europeans fail to save the euro, then what — you might ask — is the point of us being good boys in the eyes of the EU elite? If you believe that the euro will not survive the next few months, then it would be sensible for Ireland to put in train plans to default and devalue, sizzling foreign creditors and starting again. This would mean cultivating a much closer relationship with the IMF because, after all, this is what the IMF does and has done over and over again in the past: it manages these big moments.

full article at source:http://www.davidmcwilliams.ie/2011/12/07/budget-a-mere-sideshow-to-merkozys-grand-plan

The European Debt Crisis and Unstable Currency Markets

Image representing Goldman Sachs as depicted i...

Image via CrunchBase

By: Bob_Chapman

Even the middle of the road journalists are beginning to   question Europe’s elected and appointed leadership. This past Monday the plan   for the euro zone was laid out for a final capitulation to world government. The   financial crisis has been handled from behind the scenes by the Fed, so that   Germany’s Chancellor Merkel and France’s President can concentrate on more   important matters, namely the final federalization of the euro zone to be   followed by the entrapment of the remainder of the European   Union.The calls for major   changes to the current treaties have little to do with the debt crisis. What   these two emissaries of the world elitists are up to is to tear down the legal   strength of monetary and political union of this unnatural association, and   replace it with a stricter budgetary discipline known as the ESM, the European   Stabilization Mechanism, this ostensibly to support countries in difficulty.   Within this major change is a complete shift away from the original Maastricht   and Lisbon Treaties, which is being done without the consent of the public in   these countries. There is one exception to that in the case of Germany that must   approve the changes.

On the 9th the final   proposals will be laid out and agreed upon by various heads of state, some   elected and some appointed. This “leadership” could care less what the people of   these countries think. There are no trappings of democracy here, just the iron   fist of Illuminist world ambitions. Any thinking, sophisticated person has to   look on in disbelief at what is about to take place.

The plan is to have a   committee of 8, assisted by 17 immunized finance ministers control the budgeting   and fiscal policies of these 17 nations, which strips them of their   sovereignty.

We read writer after   writer and they do not have a clue as to what is being done to the people of   these nations. They don’t know these appointments are all members of the   Trilateral Commission, Bilderbergers and former Goldman Sachs employees. If they   do know they are ignoring its significance. This is where Messrs. Draghi, Monti   and Papademos all came from appointed to take the euro zone and eventually the   EU into world government.

We have studied these   characters for more than 50 years and we know exactly what they are up too. It   is the job of these 3 Sherpas to continue to advertise the increased risk to   financial and economic conditions, if such treaty changes are not made. This is   a charade to mislead and misdirect the people offering them the only way out.   Unfortunately, as far as we know, our voice is the only one being heard in   exposing the real intent of what is being pulled off. There is no question that   there is an economic and financial debt crisis, but these treaty changes have   little to do with that. Their key phrase is price stability when real EU   inflation is running more than 7%.

full article at source:http://www.marketoracle.co.uk/Article31977.html

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