Thursday, March 26, 2009

Is the EU run by a madman?

Speaking in the European Parliament, a mentally unbalanced Topalanek accuses Obama of going down the road to hell, one commentator alleges, and then says "the Czech EU presidency is now turning into the disaster we have always expected. A day after losing a vote of no confidence in his national parliament, the Czech premier took the stage at the European Parliament in Strasbourg to launch a diplomatically disastrous attack on US president Barrack Obama over his stimulus programme. He said the attempt to borrow trillions would pave the road to hell. (While conservative economists inside and outside the US may agree with that view, it is nevertheless a different matter for the acting president of the EU to make such a statement, as one would expect it to reflect official EU position, which it is not.) FT Deutschland said in its news story that the comments underline doubt the Czech EU presidency, which runs until June, could be successfully completed".

IMO: I understand the above viewpoint. But the fact seems to be that the EU overall is having problems, as can be seen in the attempts to silence the Irish vote on a constitution. This is not simply the matter of a Czech who speaks his mind.

The head of the International Monetary Fund urged governments to step up action to stem the global economic crisis or risk delaying a recovery and sparking violent unrest on the streets. Dominique Strauss-Kahn argued that government efforts to tackle the economic downturn so far have been uncertain and largely insufficient, which could lead to severe consequences. He singled out the eurozone nations as he attacked the inadequate global response.

He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite.

IMO: Typical members of the small elite being Fred the Shred and the MPs he bribes.

Pentagon resources and U.S. troops may be used if needed to quell protests and bank runs during an economic crisis, the U.S. Army War College's Strategic Institute reported. "Widespread civil violence inside the United States would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security," the War College study states. Incidents of economic collapse, terrorism and disruption of legal order could require deployment of forces within the U.S., it said.

IMO: Maybe at the end of the day it depends on whether al Quaeda are right and Obama really is just another "house nigger". He has so far not clearly indicated the contrary position. But CERTAINLY Obama was a better choice for prez than Clinton or McCain.

Gerald Celente told Fox News that America will morph into the first "undeveloped" nation of the world by 2012. He said there will be a tax revolution marked by "food riots, squatter rebellion, tax revolts and job marches."

IMO: Perhaps unduly alarmist - I hope.

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