The larger an area controlled by government, the greater the likelihood that the bad guys will attempt to get at that power center. Thus, it is alarming that the European Union bureaucrats are about to agree to a common bank supervisor.
Germany signaled on Wednesday it is ready to back plans for the European Central Bank to be made the chief supervisor of banks, reports Reuters. This will mean behind the scenes rules designed by banksters for the benefit of banksters.
Finance Minister Wolfgang Schaeuble told the German cabinet he was "optimistic" about a deal ahead of a meeting of EU finance ministers in Brussels on Wednesday, a German official said, speaking on condition of anonymity, to Reuters.
"We hope for major progress and perhaps a breakthrough (in the talks)," he said. "We have some questions but if they can be resolved by finance ministers today then Germany will not stand in the way of an agreement."
Somewhere tonight banksters will be popping champagne.