Eurokleptocracy, gigaregulation, Antitrust Armageddon, and gigataxation, especially VAT, are the real causes of the European financial meltdown. Fourth Reich(EU), an unvoted illegal confederation, cannot protect Europeans from Eurokleptocrats, especially Graecokleptocrats, and police brutes, especially Graecocybercops. Fuehrer Merkozy condones the disgusting Graecokleptocrats who accuse dissident bloggers of treason, confiscate their computers, and lock them is jail! http://venitism.blogspot.com
Barroso has seen a busy summer, and the autumn that lies ahead will require further intense work for the European Commission. The bailout for the Cradle of Kleptocracy is taxpayers' hard-earned money blown out with the wind, because the October-18 Mafia continues corruption, squander, marilizardism, incivility, stupidity, charge stacking, and junketing.
The Fourth Reich bailout of the Cradle of Kleptocracy cannot succeed, because the October-18 Mafia continues corruption, Kangaroo Justice, marilizardism, Marilizard Libel, Marilizard Spaghetti, and Marilizard Towers. October-18 Mafia is the most disgusting predator of internet on Earth! Civil society was shocked by the brutality and stupidity of October-18 fiasco, initiated by the Ministry of Foreign Affairs of the government of Greece. That's why October-18 Mafia is the new name of the government of Greece! http://venitism.blogspot.com
Governments of many repressed countries, such as Greece, use marilizardist tools to manipulate netizens. Marilizard Libel is accusing dissident bloggers of treason, Marilizard Spaghetti is hurling charges against innocent people, Marilizard Tower is a stack of imaginary charges to scare a blogger, and marilizardism is terrorizing dissident bloggers. October 18 is the international day against marilizardism, and October-18 Mafia is the marilizardist government of Greece.
Barroso points out the recent turbulence on the financial markets has inevitably had implications for the real economy. Though there is no magic bullet that can bring this crisis to an immediate close, Barroso believes Fourth Reich has taken far-reaching measures which will have a major impact. Fourth Reich now needs rapid and effective implementation of those measures. Barroso asserts implementation is key.
* First, the economic governance package, which the Commission proposed almost one year ago, must be now concluded urgently. Barroso once again calls on the European Parliament and the Council to finalise an agreement which is – and Barroso stresses this – within grasp.
Fourthreichian monetary unification is the Trojan horse for overall harmonization of economic rules, policies, and laws in Fourth Reich. Any eurozone problem is interpreted as a consequence of the lack of harmonization and leads to another wave of a creeping harmonization. Fuehrer Merkozy frequently declares that coordinating tax policies and labor laws is not just about currency issues but also about political cooperation, which has to be deepened. In other words, more enslavement to Brussels, transforming the confederation to a federation!
* Second, we must enact the agreement reached on 21 July at the euro area summit, particularly the reform of the European Financial Stability Facility, which increases its flexibility and its response capacity. That means that the necessary legislative procedures must be completed by the euro area Member States as soon as possible. We are also working on – and must continue to develop – ideas for further strengthening the governance of the euro area.
* Third, we are working hard to have a new programme for Greece adopted on time including on the foreseen involvement of the private sector. In this context, we are currently reviewing, together with the ECB and the IMF, the implementation of the country's financial assistance programme. It is of the utmost importance that Greece implements the reforms that have been agreed. The task force Barroso created in July is now fully focused on finding ways to boost investment in Greece through a better use of the EU's cohesion funding, in order to contribute to a return to growth and job creation.
There is only one solution to the dilemma faced by the Greek government over its inability to borrow more money. Shut it down! Debt ceiling or no debt ceiling, deficit or no deficit, all of stupid ministries, agencies, boards, commissions, authorities, bureaus, divisions, services, administrations, and programs should be shut down. This is not complicated!
* Fourth, we must complete the strengthening of financial regulation, to ensure greater accountability and responsibility, and also the repair of our banking sector. In the coming months we will put forward additional proposals to complete the financial sector's regulatory overhaul. These will include improving the oversight of markets in instruments such as derivatives; tightening rules on insider trading and market manipulation; and presenting a framework for the resolution of failing banks.
When it comes to recapitalising our banks, Europe has been acting decisively. Barroso declares our banks are significantly better capitalised now than they were six months ago and further measures are being taken following last July's stress tests. Barroso is committed to seeing the process through.
Banks cannot participate voluntarily in illegal acts, such as fiduciary imprudency. Bank directors are committed to bank's welfare, and not the public interest. If bankers waive outstanding debts at the expense of the bank, this is a breach of trust and punishable by law. All those bankers, that IIF claims plan to participate in rollovers, might go to jail for violating the fiduciary duty of prudency! October-18 Mafia pressures the banks to participate, but it really opens Pandora's box.
At the G20 junket in Cannes on 3-4 November, Europe will actively drive forward coordinated global action to cope with common economic challenges and bring the world economy back to sustainable growth. Because global responses are also needed.
Kleptocrats are often taking very expensive junkets, taking advantage of their positions and access to public funds to undertake pleasure trips thinly disguised as being of political importance. For example, a keptocrat might travel to Greece, claiming to attend a conference there, but leaving plenty of days to explore the Greek islands and Greek delights at leisure. http://venitism.blogspot.com
Kleptocrats, accompanied by their kith and kin, are going to junkets because they cannot miss a good party at taxpayers' expense. The worst thing that could happen in a junket is running out of caviar and hookers. Many junketeers use military jets that cost 10,000 euros per hour! Deputies of the European Parliament (EP), aka Eldorado of Prostitutes, love junkets!
Ahead of the Cannes junket, Barroso will come forward with a stupid proposal for a stupid European financial transaction tax, and Barroso is committed to explore this stupidity further also at G20 level. Barroso will be discussing this and other key issues with our G20 partners, such as Australia, where he will junket next week. This junket will also take Barroso to Singapore and New Zealand, two other important partners in the region.
The proceeds from this stupid financial transaction tax would help to fund the EU's new multiannual financial framework, which is geared towards investing for growth and jobs across our Union. Barroso will make detailed stupid proposals on this over the course of the autumn.
The freakish October-18 mafia robs computers and terrorizes the blogosphere with charge stacking! Why on Earth Fuehrer Merkozy, Durao Barroso, Neelie Kroes, Viviane Reding, and Cecilia Malmstroem of the European Commission cannot rein in Graecokleptocrats? If Fourth Reich cannot protect Greeks from October-18 mafiosi, who will? Greek dissident bloggers want back their stolen computers, their stolen files, their stolen personal data, and their stolen lives. Restitution is a basic right in a civil society. Brutal Graecocybercops should be abolished now. http://venitism.blogspot.com
Yesterday Barroso received European Parliament President Buzek and Prime Minister Tusk of Poland, currently holding the Council Presidency. They both conveyed to Barroso the positive reactions that the Commission's stupid proposals on the future financial framework have received so far.
On 1 September Barroso will participate in the international junket in Paris on the future of Libya – a country emerging from 42 years of dictatorship into what we must all ensure is a bright, democratic future.
Global junkets of kleptocrats fail to live up to the hype and the promises made.
A lot of money is spent laying them on. Host cities are disrupted for days or
even weeks. The cavalcades roll into town. Good intentions are shared in
productive talks. Then, somehow, those intentions rarely seem to come to
fruition in real, tangible global action. When kleptocrats meet again a year
later, they find things haven't really moved on.
When kleptocrats meet each other on junkets, they exchange gifts paid by their
governments. The most expensive gifts, and secret cash under the table, are
given by the Royal House of Saudi Arabia. That's why so many Eurokleptocrats
are eager to meet the Saudi princes! The ridiculous awarding of medals among politicians should be banned. It insults the intelligence of citizens. Medal swapping is as disgusting as wife swapping! http://venitism.blogspot.com
BERLAYMONT, FOURTH REICH'S CAMELOT!
We're commissars of Barroso's Round Table.
We work whenever we're able.
We bush-patrol in our offices
Whenever partners are available.
We dine well here in Berlaymont
Champagne and caviar are always available.
Commissioning on your behalf
Squander your hard-earned euros,
There is a huge flow of kickbacks
That is always acceptable.
Rabblerousers come to Berlaymont.
Pullpeddlers cheer this Camelot.
For dolce vita we junket our PIGS,
For money we junket our North.
We laugh at Fuehrer Merkozy.
God bless our beloved Berlaymont!
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