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EU towards Banking Union

 
15 October, Luxembourg
 
ECOFIN approved legislation setting up the Single Supervisory Mechanism and discuss steps towards to Banking Union.
 
Please following the link for more details.
 

 

 

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This entry was posted on October 16, 2013, 8:12 AM and is filed under Banking System, European Union Issues, Financial & Investment Markets. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

  1. #1 by russianfootballbeareating on October 16, 2013 - 9:13 AM

    well at least in europe they do something, here in the US we shut the government down

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    • #2 by skywanderer on October 16, 2013 - 1:22 PM

      The something that the EU is doing is an international fraud creating a federal union of Europe, despite the fact that none of the citizens of Europe approved this, in fact they rejected federal union – including the banking union – via several referenda, which the EU’s elites overruled in openly dictatorial ways.

      What the EU is doing: it is paving the path to eliminating national governments in Europe, then to perform the same financial coup as it was done in the US since Clinton, then to shut itself down as unnecessary, after privatised all assets and resources of the continent, ie with reference to the odious sovereign debts transferred all countries at a low price to the super-rich individuals.

      That is, what the EU is doing is exactly what the US is doing; they are just at different phases of the same process.

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      • #3 by russianfootballbeareating on October 16, 2013 - 7:19 PM

        Well in that case the EU is also making sure that every nation in the EU has sharia law too. Ur gonna see the European Union fall when it has to downgrade to shithole status.

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      • #4 by Bogdan Marius Beleuz on October 18, 2013 - 5:15 PM

        I don’t believe so.

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      • #5 by Bogdan Marius Beleuz on October 18, 2013 - 5:18 PM

        I know it’s just a phase, but I hope that EU learn from the mistakes of others

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      • #6 by skywanderer on October 18, 2013 - 5:42 PM

        My dear friend,

        I understand that’s how the majority feels and what they hope. After such a long time of rapidly worsening circumstances in Europe it should be evident by now this is a trend, NOT a mistake, either in the US or the EU, therefore hoping for any improvement only works against us and is buying time for those who keep this trend in place.

        If it was a mistake the leaders of the Western world would have corrected it long ago. I do believe they are smart enough to know that austerity deepens any crisis, privatisation and welfare-elimination creates mass-poverty, yet they consistently enforce it, spread it like a plague and seal the economic destruction by military forces. A mistake? Hardly.

        At the link below it is explained what it is and also the way out of the crisis:
        Hunger Games in Europe – 43 million people lack food, 120 million face poverty
        http://familyhurts.wordpress.com/2013/10/11/hunger-games-in-europe-43-million-people-lack-food-120-million-face-poverty/

        It is not a mere mistake either that the EU leaders purposefully and secretly reinstate a formerly rejected federal constitution under the name of Lisbon treaty and created one dictatorially controlled superpower of the EU-states, without the knowledge and consent of the affected 500 million citizens.

        I would be honored if you would take a look at this post and the referenced sources by former MEP Bonde as hard evidence of above.

        The demo version of ‘kratos’ in the EU-empire: what’s the use of the USE?
        http://familyhurts.wordpress.com/2013/04/21/the-demo-version-of-kratos-whats-the-use-of-the-use-united-states-of-europe/

        Also please look at the latest posts where this trend is explained in a global context.

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      • #7 by Bogdan Marius Beleuz on October 21, 2013 - 10:24 AM

        Hi,
        I don’t say you aren’t right; sometime just don’t want to go deeper. You can call it hypocrisy or naivety. Like always in history, only the rights of few are protected.
        Thank you for comments and links, very interesting.

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      • #8 by skywanderer on October 18, 2013 - 6:08 PM

        That “mistake” is in fact a purposefully generated vicious cycle, the sovereign debt trap which is kept in place by a series of anti-democratic treacherous governments, who are collaborating with global financial elites:

        http://familyhurts.wordpress.com/2013/10/11/hunger-games-in-europe-43-million-people-lack-food-120-million-face-poverty/sovereign-debt-trap-3/

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      • #9 by skywanderer on October 19, 2013 - 7:48 AM

        Bogdan,

        I would like to thank you for your kind attention and apologise for the errors I left in my comments (I was typing too fast)

        In case you have had a chance to read the referenced posts on my blog, please let me know what you think.

        To me this topic has been especially relevant because the mass media managed to leave the fact of an already existing federal union entirely uncovered.
        Hence the fact that almost no one is aware of what is really going on in Europe. Everyone assumes the crisis is due to an economic meltdown inherent in capitalism whereas it is a political tsunami that triggered this meltdown.

        To me the secret and evidently dictatorial federalisation of the EU has been the first clue to realising that this is a political issue and it is a conspiracy in practice rather than a mere theory. To me it was a shock to discover the evidence provided by the true democrat Danish MEP Bonde, who was fired from his elected position (!) after he had revealed the fact that the secretly drafted Lisbon treaty, under the pretension of a bundle of amendments of existing treaty, is the same as the formerly rejected EU-constitution.

        This fraud alone signifies obvious intentionality and as such a major violation against international laws. On the other hand if an evident fraud like the one of the Lisbon Treaty is to be considered “legal” as per our international laws, we are even in bigger trouble: that signifies a “legalised” route towards a renewed Nazi Europe, where the “law” is what the dictators dictate to be laws. And this is exactly what we are witnessing, a Europe, a crisis enforced and maintained by dictatorial means.

        I have personally read the Lisbon Treaty and performed the same comparison: and can testify the same as what Bonde stated: the Lisbon Treaty is indeed the same as the former EU constitution. It does create a federal state and transfers all the essential legislative powers from the elected national parliaments to the unelected European Commission on the top of the EU hierarchy.
        The elected EP, as to its decision making powers is merely a façade.

        Bonde was correct when said that the Lisbon treaty is not only a federal constitution but it is a dictatorial one. The text makes it clear that the purpose of the constitution is not to protect its citizens from the state, but the way around, to protect the federal state against its citizens. It clearly prohibits anti-EU sentiments, provides for a KGB-like secret agency investigating the cases of any “inner enemies”, it provides for an EU military, and – amazingly enough – the text stipulates the very obligation of all member states to enforce neoliberal policies: austerity, privatisation and elimination of welfare benefits everywhere within the EU.

        In accordance with above it becomes clear why any country – both within our outside the EU – that refuses to implement these centrally commanded destructive neoliberal policies, that reject the EU invasion, austerity and/or are resistant to execution of these – suffers a defamation campaign via massive false accusations by the super-greedy and corrupt international lead.

        Such country, (eg Iceland) is falsely accused and labelled as “dictatorial”, “nationalistic” “fascist” “racist” country.

        And when we see the same uniform right-wing neoliberal dictatorship enfolding under all US administrations it should be more than enough evidence to draw the conclusion that what we are looking at is a silent WW3 lead by the World Government.

        Any other assumption and hopes behind these openly dictatorial forces remain a naive wishful thinking at best, or signify a purposeful collaboration with these dictatorial forces at worst.

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      • #10 by skywanderer on October 21, 2013 - 10:48 AM

        Thank you for visiting my blog, for the Like and the comment.
        And a special thank you for your exceptionally honest reply:

        “I don’t say you aren’t right; sometime just don’t want to go deeper. You can call it hypocrisy or naivety. Like always in history, only the rights of few are protected.
        Thank you for comments and links, very interesting.”

        Your above response sheds light onto some pressing questions I have been seeking answers for for a long time.

        As I have explained on my comprehensive post I left as a sticky on the home page, this time the issue that many identify as the same phenomenon in history is essentially different from any other in history. This time mankind’s hypocrisy and naivety will have fatal and irreversible consequences – this trend will destroy the hypocrites and naive ones as well – probably them in the first place.

        I don’t say this to seek attention or to scare anyone, neither my blog has been designed for such purpose.
        What I have been sharing is based upon long and intensive economic and political research, and I posted all my findings to shake up as many as possible for the sheer pragmatic reason that we live in the last 24 hours to start speaking the truth as it is, and to develop our resistance accordingly on a mass level,

        However your reply made me fully realise how futile my efforts have been. It will make it easier to make the decision to refrain from wasting my time any further and to wrap it all up.

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    • #11 by skywanderer on October 18, 2013 - 5:59 PM

      “Well in that case the EU is also making sure that every nation in the EU has sharia law too. Ur gonna see the European Union fall when it has to downgrade to shithole status.”

      We need to realise that the sovereign debt is the root cause of this trend and act fast like Iceland did, otherwise the whole world will be dragged down into that status.

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  2. #12 by andrewhagle on October 21, 2013 - 9:41 PM

    Reblogged this on Home Grown News Media.

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  3. #14 by Shain Ellison Thomas on October 28, 2013 - 5:45 PM

    Reblogged this on the harsh light of day….

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