|
|||||
|
A Reuters article has claimed that eating over 400 Euro notes could prove toxic due to the ink… but what I want to know is how do they know that? I will not believe them until someone holds down Romano Prodi and forces 400 Euro notes down his throat (ideally using European Commissioner Chris Patten‘s head as a ramrod). If Prodi croaks, I will freely admit that perhaps I should not always be such a sceptic. January 12th, 2002 | Comments are closed
 Well if the USA can have the absurdly named Bureau of Alcohol, Tobacco and Firearms (BATF), a conflation of things that cries out for parody (when they are not murdering Branch Davidians, that is), I suppose the E.R.A.S.M.U.S. cannot be far from being established (European Rapid Action Sauce Monitoring Uniformed Service). Such a police service is surely needed to protect us from unscrupulous vegetable merchants, as demonstrated by this Times article Brussels can like it or lump it on sauce. Samizdata reader Scott Flatman has seen the future:
January 11th, 2002 | Comments are closed
[Editor: We thought this reader’s letter from Lagwolf was worth published ‘as is’ and without comment] When not holding off the spawn of the “Goat with a Thousand Young” this week (Natwest Bank), I have been contemplating a few things. Most obvious during the post-euphoric cigarette smoke and chat centreing around the Euro, is that of libertarianism and the EU. Most specifically is it possible for someone who calls themselves a libertarian to be also pro-European Union. For the sake of giving the thoughts borders, let us assume that the EU is an organisation that wishes to end up as single European state called “Europe” and that Prodi was right in his recent musings on the subject. Let us ignore the domestic apologists for the EU who believe that is not heading that way and is merely a collection of like-minded states wishing to co-operate. The seems to be a particularly British disease, I have yet to meet, in all my dealings with continentals, one who does not believe the EU is heading that way. It does not matter whether they are pro or anti or none of the above. I think it is impossible for someone to be pro-EU and be a libertarian if they in fact know anything about the EU at all. The entire apparatus is anti-freedom and highly statist. Do anyone who reads this honestly believe that they EU will ever keep its meddling hands out of any aspect of its citizens lives? What is most amusing of course is there attitude towards the transfer of labour. On one hand they promise all their citizens to move about and work where he or she wishes to do so, but on the other hand they are striving to make it unattractive to do so. What would be the point, baring love or taste, of someone moving to a fellow EU country if all aspects of financial and professional life are the same. The EU is its lowest common denominator approach wants to make it so no part of the EU is any more attractive to a worker than other part. This will of course please the bureaucrats because they absolutely hate people who do not stay in one place and preferably stay in the same job. Let’s face it, the bureaucrats want to know where you are and what you are doing at all times. Further the musing on Euro-slavia (there was an alright published under that name a few years back ). You really do not have to look at Yugoslavia to see that there is a great possibility the EU will eventually fall into chaos and civil war. It may last 50 years or even 100 but its internal rifts are just too large to overcome. I have been pondering this for many a year and have written a trilogy of Eurosceptic cyberpunk novels that remain unpublished. I lost any hope of getting them published once I realised all the major players in the publishing game in the UK are owned one way or other by the Germans. At this point it is possible that a publisher of said books could be prosecuted for distributing an anti-EU publication. However, thanks to the glory of this wonderful thing called the internet, the books are available in edited manuscript form from my website (lupusandco.com)*1 in a few days once I re-launch it. Of course it is quite possible that the recent laws limiting criticism of the EU will ultimately be its undoing. When enough people start getting banged up in gaol for merely criticising one aspect of the EU people, even in the UK might sit up and take notice. It would be a wonder to behold to see Amnesty launching a campaign to save some fisherman or farmers being held in some Belgium jail for burning the EU flag. Is the Euro-wide arrest warrant the first nail in the EU coffin? Lagwolf [Editor’s note: *1 = We will report when this site is up and running] January 11th, 2002 | Comments are closed
David Carr pointed out that Euro Leader and superstatist Romano Prodi insists that membership of the Eurozone is for ever and irreversible
Which is, of course, exactly what Tito said about Yugoslavia. January 10th, 2002 | Comments are closed
Remember, children, joining the Eurozone is for life not just for Christmas I, for one, would like to applaud Signor Prodi for his candour about the real nature of the Euro-project. Mind you, it would have been more useful had it come before 1st January 2002…oh, but I’m probably just quibbling. Let us all hope that the policy of Glasnost continues and that we shall be treated to yet more spine-tingling and amazing revelations from Europes First Citizen January 10th, 2002 | Comments are closed
Bernard Connolly launches a fierce broadside against the entire EU project in this article in the Irish Times Connolly is a former senior official in the EU Commission so he knows whereof he speaks. His book The Rotten Heart of Europe caused uproar when it was published Of particular resonance is the line: “The euro is a part of the design to extinguish freedom in a European empire”. Spot on, Bernard Ireland has, traditionally, been the most overtly enthusiastic supporter on the EU project but, conversely, upended the whole train last year by voting ‘No’ in a referendum on the Nice Treaty. Looks like Bernard is helping them to see the light. Go, Bernard. January 9th, 2002 | Comments are closed
So it looks like the heads of the other 14 families are looking to make a move against the Capo Di Tutti Cappi If you ask me, Don Berlusconi and his, erm, ‘associates’ should whack out a few of those rat motherf***ers. Give ’em two each behind the ear. Bada boom, bada bing. Capiche? January 9th, 2002 | Comments are closed
When Jorg Heider’s Nationalist anti-EU party gained a small role in the Austrian government a while ago, the EU was so shocked that they actually imposed various diplomatic sanctions on Austria. Not surprisingly this caused an entirely understandable and entirely predictable upsurge in anti-EU sentiments in Austria from people resentful of crass interference in their own internal affairs. But I have always though it ironic that this should have happened to Austria. In Bosnia- Herzegovina the EU has its own political gauleiter called the ‘High Representative’, namely Austrian Wolfgang Petritsch. Although his job is to implement the Dayton Peace Agreements, he has never really hidden his true objective. He has often said that Bosnia-Herzegovina must follow the same route as other countries in the region towards European Union membership. Similarly we are told how important the introduction of democratic institutions are for ‘stability’ in the region. Yet when the largest Croat political party in Bosnia, the HDZ-BiH, representing largest single bloc of Croat votes, dares to use its democratic mandate to oppose the will of both the EU and the socialists in Sarajevo, our Austrian ruler sends in NATO troops last April to seize Hercegovacka Banka, the bank used by the HDZ for its funds. Democratic politics is fine it seems, just so long as it does not actually do anything that displeases the EU. One does not have to be a supporter of the HDZ (and I am not) to be horrified. So it is hardly surprising to me that various members of the EU elite across ‘unified’ Europe are expressing ‘concern’ and demands for ‘explanations’ why pro-superstatist Italian Foreign Minister Renato Ruggiero has been forced to resign from Silvio Berlusconi‘s government in Rome. The Spanish President of the EU Josep Picqué and Belgian foreign minister Louis Michel are going to deliver a report on this ‘situation’ in Italy. It seems they genuinely feel they must have some say in who is and is not in the Italian government, just as they felt towards Austria. I have no doubt that if Italy was not one of the larger EU nations that people in Brussels would not be at least making contingency plans for ‘special action’ if the grip of the EU started to seriously deteriorate in Italy (a remote possibility at best, to be frank). It is only a matter of time before even the smallest twitch of independent thinking from the elected representatives of an EU ‘nation’ (province) produces increasingly severe responses from the stasis superstatists. I wonder what bank Silvio Berlusconi’s Forza Italia Political party keeps its money in? However if you want to see a glimpse of the true future of ‘democratic’ Europe, don’t look at Italy or Austria, look at post-war ‘democratic’ Bosnia-Herzegovina. January 8th, 2002 | Comments are closed
Well, well, well! It appears that all is not quite so rosy in the Garden of EUden after all. Seems that an attack of healthy self-preservation has broken out in Italy Strangely enough though, the situation there appears to be the converse of the situation in the UK. In Italy support for the EU among the grassroots is high and it is the political elite that are growing uneasy. Still, let’s keep our eyes and ears open on this one, people. It could get interesting January 6th, 2002 | Comments are closed
Advocates of the imposition of irreversible transnational socialism (Trazi?) for Britain via the European Union, have long implausibly argued that it was a purely ‘economic matter’ rather than a political/constitutional issue. For the few credulous enough to actually believe that, the remarks of UK Treasury official Gus O’Donnell must have come as a bit of a shock.
Ah, that explains it then. via Reuters January 4th, 2002 | Comments are closed
So the Euro is born. Did I say ‘born’? Birth is a natural process. I meant ‘incepted’. From rag-tag bits of body politic it has been sewn together, laid on a slab, given a jolt of electricity and made to walk. Doubtless we shall all watch in fixed horror as it lurches through the verdant European mainland strangling small, helpless economies. I hope they don’t accuse us of not warning them The economic arguments against the Euro have been made both here and other places with accuracy and reason and, whilst not wishing to marginalise any of them, it is worth bearing at the forefront of our minds that there is a deeper and even more sinister threat posed to this country by the European Empire than inflexible interest rates. Liberty is not just about money Full absorption into Euroland means not just the surrender of our currency but also the extinction of our Ango-Saxon Common Law heritage. A system where the laws were passed up not handed down; where liberty was assumed, not requested, where the citizens informed the state not the other way around and the King himself was bound by them. It is not merely through the production of a few well-rigged sailing ships that this under-populated and otherwise insignificant little island became the richest country in Europe, opened up vast tracts of the globe to trade and civilisation, built the biggest empire the world has yet seen and spawned the industrial revolution. It is because of it’s Common Law heritage and organic constitution that allowed it’s citizens the freedom to innovate and the dynamism to practice It is this guttering flame that we libertarians hold in our hands But this will be consigned to the history books (and may not be safe even there) to be replaced by Corpus Juris and the Napoleonic Code; the continental heritage of laws handed down to the people from the princes and potentates; where citizens are granted a mere licence and where the lives and liberty of the common folk are ‘protected’ by a pottage of grandiose-sounding Convention rights, all of which can be countermanded at any time by the stroke of a bureaucrats pen. It is not for nothing that, of all the countries in mainland Europe, it is only Switzerland that has managed to stay the course of the 20th Century without despotic government, invasion or violent revolution The is the precipice on which we teeter. It is winter in Britain and I am not talking about the weather. With our entire political and media class seemingly hell-bent on completing the subsuming of this country into the Euro-Imperium (even the ones who say they are skeptical are probably lying) what can be done to prevent this unique flame of liberty from being extinguished forever on these islands? Across the Atlantic Ocean lies Britain’s birthchild, the fruit of it’s loins and, perhaps, it’s finest monument, the United States of America; a country which owes it’s vast wealth, power and freedom to the those same Common Law Anglo-Saxon values it inherited from it’s parent. Indeed, that America is the now the great repository and shining amplifier of those values is almost certainly why it has earned both the fear and antipathy of the grasping and paranoid European elites In times of peril, a mother cries out for her child and a child clings to her mother. These truths we hold to be self-evident January 4th, 2002 | Comments are closed
Now that the Euro is a fait accompli, the long slow glide begins, perpetually pointed just below the distant horizon. The interest rates prevailing across a very significant area of the industrialised world will now be set to suit the business cycles of France and Germany. Many predict that once the economies of Europe are integrated like that of the United States, that will cease to be a matter of concern. And of course they are correct, once the fringe economies are flattened. As the structure of Europe’s diversified economies are slowly legislated into highest common denominator standards of ‘social fairness’ in order to protect the interests of French and German trade unions, uncompetitive businesses and their social democratic backers, a gradual leaching process will set in. Economic cycles will continue as ever, but each down turn will squeeze the non-core economies just that little bit more each time, favouring the parts of the economies whose main role is to service highly regulated French and German dominated sectors, rather than independent global export or entirely domestic sectors. When economic dunce Ross Perot predicted a ‘giant sucking sound’ of jobs heading south of the border into Mexico, he did not seem to realise that all manner of spontaneous market mechanisms were also inexorably moving to adjust, rather than destabilise, the economies of the United States and Mexico. Mexican interest rates and currency fluctuations, and not just lower labour costs, were also of huge importance. Although trade was greatly liberalised, there was never any attempt to impose the US dollar on Mexico (or Canada), or make the writ of Alan Greenspan extend over the whole of NAFTA. All that is different in Europe because whereas NAFTA has purely economic objectives, the Euro has mostly political ones. Sophisticated and relatively efficient European core economies will no longer have to deal with defensive depreciation of Spanish, Italian, Greek or Irish etc. currencies and will simply wipe out pools of local capital that might have buoyed up less effective local producers. This in and of itself is not automatically a bad thing, provided the local capital markets can adjust… which of course they will not be able to do. The mid to late 1990’s surge in the US economy was a disaster for Argentina, whose currency was pegged to the greenback, because unlike the US, it was not experiencing an economic surge. No mechanism was readily and incrementally available to off-set the asymmetries by allowing the currency to naturally devalue. With the Euro, which is in effect an ersatz Deutschmark/Franc hybrid, this same toxic effect will happen to Greece, Italy, Ireland, Spain, Portugal etc. with one big difference… it will probably happen to many of them at once when the cycle begins, as it surely will. Even the obvious aspiration to challenge the US dollar as a global reserve currency is doomed. The welfare states of Europe simply cannot compete on equal terms with the less regulated US economy, either in terms on underpinning asset returns or total global liquidity. For all its faults, such as the current lunatic credit binge, the dollar will remain the international reserve currency for the foreseeable future. Although I have not been bullish on gold for a very long time, any European portfolio might do well to tuck a little yellow ‘mad money’ away and just forget about it for 10 years as a hedge against economic apocalypse, particularly as dollar interest rates are so unattractive right now. Anyone who is actually confident about the future of not just the Euro but the Euro zone, well I have this bridge in Australia I would like to sell you. January 3rd, 2002 | Comments are closed
|
   |
||||
All content on this website (including text, photographs, audio files, and any other original works), unless otherwise noted, is licensed under a Creative Commons License. |
|||||