Saturday, November 20, 2010

IMF Chief Calls for Countries to Cede More Sovereignty to EU

The global banksters are on the move. Their operatives are using the currrent debt crises to attempt to put more of the world under their thumb.

Dominique Strauss-Kahn, the IMF managing director, called on the European Union to move responsibility for fiscal discipline and structural reform to a central body that is free from the influences of member states.

He told attendees at the Sixth European Central Banking Conference in Frankfurt, Germany, that:
The wheels of co-operation move too slowly. The centre must seize the initiative in all areas key to reaching the common destiny of the union, especially in financial, economic and social policy. Countries must be willing to cede more authority to the centre.
Think Big Brother on steroids. The banksters won't be happy until every financial transaction in the world is regulated by them and where global taxes become simply a way to pay off their bad investments. 


  1. That was the plan all along, wasn't it? A common market as the precursor to a common currency... and once you have the common currency, you're going to have to have a central government.

    Oh, and the whole unification thing was sold as a way to improve economic conditions.

    On the other hand, Wenzel, the European authorities seem to be all in favor of austerity. I would have thought you'd like that.

  2. European governments are not applying austerity. Most governments are running deficits. The austerity tale is just political discourse. You have to be as stupid as a krugmanbot to fall for that one.