What now for the EU ?

From my experience over 60 years ( well 50 of listening and thinking ) the UN is mostly shit.
With a few exceptions it is just a toothless, idealistic, overpaid, talking shop.

Similar in many ways to the EU .
Ooh, I dunno... depends who's providing the troops.

If it's us, Canadians, ANZACS, French and one or two others, job's a good 'un. Yanks too, if you're OK with TV makeup assistants getting a Paveway up the jacksie.


Less so if it's 3rd world conscripts or the Srebrenica Dutch.


This post was brought to you by the letters 'UN' and the numbers '1992 to 1996'
 
I live in what used to be the de-militarized zone in France. No need for that fighty nonsense. (But of course the French Resistance was 'very active' in these parts.)
I hear the French Resistance has a mysterious force multiplier similar to that employed by Them.

In Their case, as we all know, They can place a fat, middle aged, mullet-haired alcoholic ex Trooper in every pub in England.

The Resístàncé can place a heroic, now dead, anti-Nazi in every modern French family.
 
Wasn't that in the TV studio in Belgrade during the Kosovo operation in 1999? That was a NATO operation which did not gain the approval of the UN Security Council.
Good point. Obviously, Brer Yank is only trigger happy on NATO missions, this wouldn't have happened if Lt. Col Shniekerbutt was sporting a mishapen blue beret.
 
Very very sad news:

The German Constitutional Court ruled that the European Central Bank (ECB) public assets purchases programme ultra vires, meaning it was acting beyond its legal power. This has been the cornerstone of the “whatever it takes” approach to preserve the euro set by the bank’s former president, Mario Draghi. Before that, the German court took another extraordinary step. It disregarded the judgment of the ECJ that validated the ECB decisions by labelling such a decision as ultra vires too. In its view, the ECJ manifestly went beyond the acceptable standards of legal interpretation.

In a single decision, two blows have been struck at the heart of European integration: its common currency and the primacy of EU law.

 
Very very sad news:

The German Constitutional Court ruled that the European Central Bank (ECB) public assets purchases programme ultra vires, meaning it was acting beyond its legal power. This has been the cornerstone of the “whatever it takes” approach to preserve the euro set by the bank’s former president, Mario Draghi. Before that, the German court took another extraordinary step. It disregarded the judgment of the ECJ that validated the ECB decisions by labelling such a decision as ultra vires too. In its view, the ECJ manifestly went beyond the acceptable standards of legal interpretation.

In a single decision, two blows have been struck at the heart of European integration: its common currency and the primacy of EU law.

I'm pretty convinced that this is the Germans looking for an exit strategy when it all goes tits up. They do not want to be on the hook for bailing out the French and Italian banking sectors.
 
They had a massive recruiting drive in the Autumn of 1944.

Dangerous work, all that denouncing your neighbour and shaving their hair off... before they did it to you.
amazing organisation the French Resistance. Every able and not able bodied French man and woman between the age of 14 and 100 was in it.....
...... after June 6
 

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amazing organisation the French Resistance. Every able and not able bodied French man and woman between the age of 14 and 100 was in it.....
...... after June 6 the front line had passed them
FOC
 
They had a massive recruiting drive in the Autumn of 1944.

Dangerous work, all that denouncing your neighbour and shaving their hair off... before they did it to you.
Anthony Beevor reckons much of the head-shaving was done to detract the attention from the men's lack of resistance by the men who did the actual head-shaving.

Just French cowards hiding their cowardice by shaving the heads of French women.
 
Just flicked through the actual Constitutional Court judgment and pretty much the final paragraph does the damage, para 235.
The English version is here for anyone interested.


Full court of 8 justices involved, voting was 7 to 1 in favour of the decision, and the judgment was handed down on 5/5 with the Bundesbank having 3 months to sort themselves out.
That has expired obviously.
The Bundesbank may now no longer take part in this bond buying scheme, but the most interesting bit was that they now have to sell any bonds already purchased and held in the Bundesbank portfolio.
They have to form a strategy to do so with there european central banks.
Who on earth is going to buy these bonds from the Bundesbank, and at what price?

No wonder it is not being widely reported.
Nothing from these people either

 

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