Thursday, March 26, 2009



Speaking before the European Parliament on Wednesday, Mirek Topolanek described the stimulus measures and financial bailouts passed by US President Barack Obama as the "way to hell." He warned that the massive costs of the stimulus plans and financial bailouts would "undermine the stability of the global financial market" and that Obama was merely repeating the errors of the Great Depression of the 1930s.


The comments also threatened to unravel the tenuous unity reached by EU member states for a joint response to the economic crisis. Last week, EU leaders reached a carefully constructed political truce designed to bury their differences and agree on a common policy ahead of the London meeting. At last Friday's summit, they pledged an additional €75 billion to finance loans by the International Monetary Fund and to double a credit line for struggling economies of Eastern European member states.

... the usual problem ...
... pooring money in the system is good ...
... paying interest in it is bad ...
... but the presence of a shadow government ...
... that is the federal reserve skim ...
... is what creates the damages to the world economy ...
... so whatever happens ...
... amerikkka has rather make the world bankrupt ...
... than nationalizing the federal reserve system ...
... and this proves the real government is in wall street ...
... not in washington ...


# posted by intcoex : 3:16 PM




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