Spanish PM calls for eurozone 'centralised control' authority

Discussion in 'Current Affairs, News and Analysis' started by Radiance, Jun 2, 2012.

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  1. Spanish premier Mariano Rajoy calls for eurozone 'centralised control' authority - Telegraph
    Just what we need. More control by the Brussel muppets and less sovereignty.

    It is interesting, where previously nations only ceded sovereignty by force of arms, we are now ceding control by force of £/$/€.

    Another observation: as time progresses, there is an upwards flow of sovereignty from individuals, businesses right up to countries to centralised organisations under human control.

    Individuals are now less free and more watched than at any time in history. We depend on the police for our protection, big companies (Tesco, Morrisons, Sainsburys) for our food/fuel, employers for our paycheck, the banks for our houses, etc.

    Likewise small enterprise is drying up and consolidated into big companies - Google for information, Facebook for narcissists, Wal-Mart/Tesco/etc. for food

    Now even governments are ceding power willingly, without a fight.

    All we really need now is one world leader to take the reins of the utterly centralised systems and mess things up on a global scale.

    Centralised authority = centralised cock-ups
  2. As long as control and the currency is centralised well away from me...
  3. Wordsmith

    Wordsmith LE Book Reviewer

    Spanish Prime Minister Rajoy demands turkeys vote for Christmas...

  4. Isn't this a ploy so that the Spanish Government could simply blame someone else for the countries finances going down the toilet?
  5. There is already isn't there?

    It's called the Deutsche Bundesbank....

    The Germans do appear to be faced with having to do what is necessary to rescue the "European Project" (whatever that is). Which must be hacking the French off hugely.
  6. Looks like a nice new racket with plenty of opportunity to make "loadsamoney" - worth keeping an eye on.

    With all this EU stuff happening, makes you wonder why criminals still bother with drugs, surely politics and the EU in particular is a better racket ..........if the Krays were still around, I reckon they'd be MEPs!
    • Like Like x 1
  7. seaweed

    seaweed LE Book Reviewer

    A centralised power structure attracts all the unprincipled chancers who want to be top dog. Worked examples are the mediaeval RC church, and New Labour. etc.
    • Like Like x 1
  8. Eine Reich, eine volk, eine Euro...
  9. Be careful posters. There are those on this site who defend the indefensible EU with a rabid enthusiasm. Additionally, remember with fear and trepidation, that the EU will be monitoring this site and noting the names of all those being less than fulsome in their praise of the EU.

    The 'European Project' is the aim of forcing upon hundreds of millions of people a super-state: controlled and commanded, without recourse to any form of democracy, by Berlin.

    The 1870, 1914, 1939 misadventures all failed, except in highlighting France's inability to defend herself, and this misadventure will fail as well. The Germans will become incandescent with rage that the Greeks, Portuguese, Spanish, Italians and others fail to comply with every order, that they will do what they always do when disobeyed: invade France.

    Thank God that the failed psychotic oaf Brown hated Blair so much he refused to allow us to join the doomed euro (eurine). Had he not done so then we would now be faced with:

    a. Being ordered by Berlin to do this and that, and,

    b. Having to live with images of the grinning spiv Blair as President of Europe and the equally disgusting image of his his ugly free-loading wife posing as the First Woman.

    If the Greeks leave the eurine, or if the eurine collapses into a heap, so what? We will be minimally affected and the Europhile doom-mongers warning about disaster will be shown up the liars that they are.
    • Like Like x 1
  10. maninblack

    maninblack LE Book Reviewer

    The Spanish PM is trotting out the Berlin approved party line.
  11. Cold_Collation

    Cold_Collation LE Book Reviewer

    Better off investing in commodities... anyone want to buy some tinfoil?
  12. Wordsmith

    Wordsmith LE Book Reviewer

    There are only two long term options for the euro zone.

    1) Some form of political and financial union - with money being transferred from the wealthier north to prop up the weaker economies in the south.

    2) Some form of breakup of the Euro. At a minimum, this would be Greece, with Ireland and Portugal probably exiting some time later. If Italy and Spain were to be forced to exit, that would be the end of the whole 'United States of Europe' project.

    The first option would be eyewateringly expensive for the wealthier euro nations like Germany and Holland. The second option would be even more eyewateringly expensive for the whole of the euro zone (and the UK). As Rajoy/Spain would be the beneficiary of any political and financial union with large transfers of funds heading in Spain's direction, it makes sense for him to call for it. So from his point of view, its smart politics.

    And its also the politics of desperation. Spain looks increasingly like slipping over the edge of the cliff and into deep financial problems. The economy is in recession, unemployment is at 24%, the banks have a large and ever growing black hole in their balance sheets and money is being withdrawn from Spain at an increasing rate. If something isn't done soon, Spain is going to require either a Greek style bail out from the euro zone or a loan from the IMF. Either would be a national humiliation for Spain.

  13. ... or pies ... must be a bulging market following the retreat on the " Pasty Tax " ... on a more serious note were not all of the Euro State Banks not subject to " Stress Testing " in the past couple of years and no major problems revealed but then again I suppose " events dear boy , events " have precipitated the current Banking mess in Spain .
  14. IIRC, that was tried in 1940-45 but was not a great success.
  15. And draw attention away from the fact that they cannot control the spending of the 17 Spanish Regions, who have been doing it large on insane vanity projects for years:

    BBC News - Why Spain's regions owe so much money