US influence on decisions made in Europe, battle over a bailout, more quantitative easing, Fed as the instrument of liquididty, Ron Paul wants to abolish the US Federal Reserve, countries rushing to sell bonds, France downgraded, magnification of debt, Greece default still a worry.
The hand of the US elitists shows more each day in the decisions being made in Europe. Mario Draghi, ex-Goldman Sachs, Trilateralist and Bilderberg, is putting everything in place just the way the US elitists want. We are about to see full scale quantitative easing.
One trillion in loans times fractional lending of 3 to 9 to whatever will give Europe the funds it needs indefinitely. Europe is going to be a rerun of what we have seen in the UK and US. In behalf of German voters who are 65% against such funding, Chancellor Merkel has refused to allow issuance of Eurobonds or an expansion of the EFSF. Draghi at the head of the ECB is now putting pressure on Mrs. Merkel to drop back to a more defensive position. The intrigue is at its height. If Frau Merkel gives into Draghi she and her party will not score well in the next election and may even lose political control. That could cause Germany to consider leaving the euro, which would destroy the euro zone. There are major dangers here and all the players are well aware of it.
Agreement will take time and if it is not reached
everything could short circuit, other than the fact that
the Fed has put the funds in place.
The other objective of getting Germany to whole-heartedly accept the bailout and stimulation is another matter. Confusion reigns even among the participants.
The US, UK, France and their front men, Draghi, Monti
and Papademos are all moving forward.
also...
French CEO About Ratings Agencies:
‘We Have To Shoot All These Guys...’
...“Stop listening to this financial world, these ratings agencies.” The government has to keep control of its strategy, he said. “According to the ratings agencies, it would be necessary to put France on a diet. But if there is no growth, we'll never be able to pay back our debt.”
“We have to shoot all these guys that come to give us lessons,” he said. “I believe that’s the real combat of our society. We, the actors in the real economy, must regroup so that we won’t be eaten up by these guys.”
"It wasn't the Italians that threw out Berlusconi, it was the ratings agencies. That's not normal. And it's not normal either that Monti was ‘non-elected’ by the ratings agencies. We have to master our own destiny once again. That’s the job of all of us.”...continues / reposted from here
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