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ALLIANCE FO§ DEMOCRACY
bombLetter to the IMF relation to the
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The Stability Pact – A European Fairy-tale

The French President François Hollande and the Italian head of state Mateo Renzi, who won 40.8% of the vote in the European elections and since 1st July holds the Presidency of the European Council of Ministers, have called finally to be allowed to undertake further borrowing, and suspend the saving decree. This would not have led to further growth; the Italians at least now believe that growth will require higher national expenditure, and therefore also greater debts. In order to achieve their goal, they want a relaxing of the Stability Pact; Mrs. Merkel however says “No”.
France’s national debt has increased since 2008 until today from 65% to 94%. Italy has a debt level of 135.2% of the gross domestic product. The trend in both cases is increasing. According to the Maastricht Treaty, the Euro countries are allowed to incur debts of up to 60% of GDP; France has not managed to achieve a budget surplus since 1974, and Italy not since 1924. Both countries, like all other Euro countries too, have had to be assisted by various support and aid programmes in order to keep their banks solvent. In view of these figures, it is absurd to refer to them as strong countries who also called themselves supporting countries. Exacerbating the situation even further, the rescue of the Euro has ensured that the financial markets have become hopeless cases, which are on the point of dying.
The ECB decided in 2012 to legalise the (disputed) OMT programme, which according to the Maastricht Treaty is supposed to be prohibited: to offer government bonds of Euro countries with debt problems on the secondary market. All Euro countries are therefore now threatened with what happened to the Greeks and the Cypriots, namely that national debts (and also private debts) could no longer be capped by the banks of the country.
Thanks to the low level of influence enjoyed by the Germans at the roulette table of the ECB, it is therefore of no matter what Mrs. Merkel says. We should rather complain that the Chancellor, through almost extortionate machinations, now finds herself in the situation that from 1st January 2015, the ECB can vote every five months without the German representative, the head of the Bundesbank Jens Weidmann.
Thus it is to be feared that Weidmann’s influence, and therefore also Merkel’s and Germany’s influence, will be diluted, and that the ECB will nod through at these votes all the topics which Germany has so far prevented. Thus, the way would be clear for the eventual abolition of the Stability Pact, and also that the currency of the Euro can exhaust itself, and the crash will then be perfect. Of course, the German taxpayer will pay whatever is possible and what the coffers still hold, because Merkel gambled away the parliamentary decision according to German rules at the moment when she forced her faction to follow the will of the party and to agree to the ESM/Fiscal Pact, and also when she voted to allow further countries to join the Euro, which detracted the German share of the voice in the committees of the ECB. In this case, Merkel must have known that quantity does not necessarily imply quality, and that the Euro community had failed to try and enrich itself from German tax funds, and had tired of Merkel’s squabbles and hubris, and was trying to circumvent them. Policy is just a game. From the German perspective, we have sometimes lost, and others have sometimes won. Mrs. Merkel has anyway maintained her face, and has in return had to allow the wool to be pulled over her eyes. To say at some point that she wanted things to be different makes little sense, because no one has been shown to be so politically undeserving as the Chancellor, who more than once has had the chance to put an end to European debt incurrence, but who unfortunately used it only to be able to cover up her sins, and wash her hands as thoroughly as possible in innocence. But that will not succeed.
Actually, it is boring to listen to such demands, which might only be fulfilled in fairy-tales such as “Rumpelstiltskin”. In real life it is also a matter of greed, but also that the heads of state of the Euro-European debt union would like to avoid the crash a little longer, and therefore lie through their teeth.
The financial markets, on which all Euro-European national budgets meanwhile depend, have appeared quiet over recent weeks. During such holiday periods, bankers profits from consultation business, which always ends in the investor losing and the bank winning, and politicians in their ignorance therefore draw the conclusion that the crisis is over, and growth must come from somewhere, like the light that God sends, or anyone whosoever.
Politicians thereby gladly overlook that the crisis arose because all national budgets wrote off and got rid of part of their debt via the Euro, naturally at the costs of the citizen, and the one-time gains from this secret currency reform have long since become infinite, no longer supportable debts. Not quite such a happy ending.
After the Lehman crash, when the world threatened to sink into the greatest financial crisis of all time, and the extent of the political swindle over the actually empty national coffers of the western world resulted in further debts as rescue measures in the form of loans (so-called rescue packages), in order to keep the financial market stable, the ailing national finances were like something out of a fairy-tale. And impermissible, because the multi-billion aid packages pretended by the so-called five supporting countries of Germany, France, Spain, Italy and Finland were all lies, which destroyed the financial market and the Euro. Since then, these countries have been living off the hard work of their citizens: from tax payments, pension returns, investment returns and through cuts for the poorest of the poor. These falsely supporting countries rambled on about the reduction of debt, and thereby transgressed legal standards, treaties and laws that had once been created for the maintenance and stabilisation of the Euro, like the one by which no other country was allowed to lend money to another country in financial straits ( No Bail-Out).
In this way, long since bankrupt countries received funds from other equally bankrupt countries, and were therefore condemned to debt reduction programmes that were just as untenable as the loan payments were financed. Regulations were reformed and broken, reforms were regulated and broken, and from all this arose a shambles that nobody can understand any more. Then there were politicians who wanted to believe in a miracle, or who did their work and simply followed the party line and ratified the ESM and Fiscal Pact, while actually understanding too little about how these two instruments should be used. This is demonstrated by letters from the Alliance for Democracy, which we sent to the parliamentarians. In contrast to the politicians, the bankers knew exactly what the Fiscal Pact might be good for: for the incurrence of further debt, and that corresponds to happenings all around the globe, and whopping profits in the face of the daily loss in value of the Euro.
If it is now demanded of politicians that we should and must stick to the Stability Pact, as Mrs. Merkel wants, that is only one side of the coin; the other is represented by Hollande and Renzi, who perhaps like to believe that all previous agreements for the preservation of the Euro have been broken sooner or later, and it is no longer a matter of relaxing this Pact, which in any event has for several years only existed on paper, but means that the national budgets of all Euro countries are farces, which can be continued by means of tricks, and provide excellent discussion fodder for television commentators, and ultimately mean that countries which circumvent (self-imposed) debt brakes, and must still borrow at low interest rates, so that the system of the Euro deception can be kept alive. This is all happening with full intent, and the real reasons for the delaying of the national costs are concealed by political wrangling and Grand Coalition theatre (no relaxation of the stability limits).
The actual Stability and Economic Pact, which was suspended and then broken in favour of the Fiscal Pact, will now be followed by another pact: This time, this Pact will hopefully be called the Debt Pact or Fraud Pact, because it will be this last Pact of all Euro-bankrupt countries which abrogates debt limits, which in any event has already been taking place by the back door, such as the suspension of the rules of the Fiscal Pact, since bankrupt countries can only commit their citizens to payments to a certain limited extent which can delay bankruptcy a little longer. If the talk is now about the relaxation of the Stability Pact, this means: The countries who call for this are no longer in the position to brush up their national finances and budgets in line with the Fiscal Pact so that bankruptcy can be prevented. This also applies to France, as well as to Italy, and also Germany, even if with a small time delay, because only the still affluent middle class and the citizen still have money in their pockets, and can be robbed by the state.
The Fiscal Pact has now made itself obsolete, even if Mr. Gabriel of the SPD would like to warm himself with this idea, and Chancellor Merkel (CDU) still rejects it, and tells the press that everything is still going according to plan. The financial crash is unavoidable, the political crash happened long since, and a Fiscal Pact can do nothing to change this, even if it is called something else, and were abrogated completely without Merkel’s involvement, e.g. by the ECB. The stable currency must remain a fairy-tale, at least in times of the Euro and the greatest financial fraud of all time.
On the 2017 Federal Elections
No Restraint
The IMF
Trump’s Election is a Warning for Germany’s Political Parties
Year-End Selection of Texts
CDU Party Congress 2016
IMF Crisis Management a Failure
Deployment of the Bundeswehr in Germany
Crucial Test with International Implications
Ever Closer?
On the 2016 German State Elections
Revealed: Colossal Public Fraud in Germany and Europe
Nettlesome Politics
The Press
As We Begin 2016
Legal Action
Clever Shifting Tactics
New Charges in an Ongoing Saga
Evil under the Sun – The G20
Political Paradox
Game over for Merkel
The Greeks are making history
Clash of the Titans
Elmau
FIFA Roulette
The Beast Roars
The Silver Lining
Pulling in Opposite Directions
The Deafening Silence
Texts on the liquidation of the euro
Wasting Time
New Rules, Same Impetus
Call in the Army
Politicians Run from Themselves
Tax Policy Loopholes
Europa without the Euro
Alternative to the Euro
Hellas
Easter 2015
Deflation
Tidying Up
Insolvency Statute
Heiner Geißler
Germany Corrupt No More
India’s GDP growth
PEGIDA
Rescue Fever
Unbridled Power
Heaven on Earth
Getting down to the Nitty Gritty
1-0 in Favour of the Opposition
The Junk Currency
Oil War 2014
Golden Goodbye
The Ukraine Aid Debacle
World Tax Authority
Demonstrations in front of the ECB
Promises and Trust
Democratic Deficits
Nothing is safe
Fit for a Museum
At Christmas 2014
Family Voting Rights
Clueless Advisors
Pension Debacle
The Balanced Budget Lie
The Wimpy Currency
Acid Test
Two Very Different Issues
Who is Ruling the World?
More Clandestine Employees
The Recession Principle
Is This Really Better?
Kohl and Merkel
Debt Brake Debate
Reforms
Merkel and the democracy
Tax Losses
Totalitarian Collectivism
Regrettable Incident
Wulff’s Attorney Brings New Legal Action
The ECB in the Crossfire
Former Constitutional Judge Sceptical
A Lovely Gathering of VIPs?
German Banks Need Money
Stumbling Match
Deutsche Bank under Pressure
The Crow …
Papier‘s Morality
Shot in the Arm for the Economy
Political Crime Novel
ECB Soon to be the Eurozone‘s only Bad Bank
Demonstration for Democracy
Award for responsible action
Recommendations in case of a crash
Final move
European rating agency
The last elections
Hartz-IV is enough
Mr. Putin, please cry!
No longer worth anything
Free trade agreement
1st September 2014
The election in Saxony
Special European Summit
Bankers are counting on it
Debt cut á la state
Immigrants criticised
Unbelievable assets
Bundesbank closes Money Museum
Lawsuit against bank union
Only the penitent …
Sustainability
ECB stability report
Cowardly warriors
The financial industry has learnt nothing
Bribery of MP’s
They are also blind on 2.
The Stability Pact
Avoid Obama
Thoughts on Merkel's birthday
Megalomania’s children
Niebel’s Low Points
On László Andor’s speech
Snowden should say nothing
Reduction of interest rates
OECD report
A great blunder
Germany as a driver of growth?
Farewell, housing allowance
Sick health service
The EU Commission knows about popular deception
Draghi gives a warning
Self-praise stinks
A forced affair of the heart
Drawn from left to right
Hollywood
The aftermath of an election
65 years of the Basic Law
Hypocrisy
Who will save the life-insured?
Minimum wage
Minimum Wage I
Minimum Wage II
Minimum wage III
Minimum wages IV
The minimum wage V
Arise for revolution
The European elections are an act of dictatorship
Switzerland and Europe
Protection of the Constitution and services
The impossible triangle
The standard pension
Schäuble tricks again
The old “Welt”
The Union wears the trousers
Zeroes – commas – nothing!
Book publication
Court Condemns Politicians
The highest German court
Parties for the European election
Freedom of the press
Dispensation from obligations
European Elections
European election
The resurrection of "doctor" Schavan
Per capita assets
Federal Constitutional Court – Accrued gain and provision
ESM - ECB - the flood of debt
The hysterical Republic
Review proceedings against Wulff
The own goal of the High Court
Judges helpless
Schavan and zu Guttenberg
Human rights
Counterfeit money and false fifties
Fight against tax fraud?
New fellow citizens
So many ministers
Democracy the Turkish way
But will every European pay?
Data protection
Tax havens
Free Trade Agreement
Data thieves at work
Expropriation of the citizen
Soon without cash
NSA Investigation Committee
Dutch rating agencies
Officials in the German Bundestag
Snub for banks
Repeated deception of the people
De-dictatorisation
GroKo = Große Kosten (great costs)
The sluts of the SPD
What the grand coalition will present to us
Federal Public Prosecutor versus the NSA
The new “tithe”
The people’s sense of justice
Trauma of coalition negotiations
When will it finally come, the Constitution for the united Germany?
Investors and savers
Finally, Mr. Ströbele
Church and State
Left party politics
Is the Constitution democratically legitimised?
Needs must when the devil drives
Wiki-Leaks +
The CDU and its donors
State of emergency
High finance and party-politics
People and stock market
The person and their office
With full intent
Elections
Private retirement provision
It’s all about the quota
Deception over the Fiscal Pact
The failure of the government
Not really more money for the unemployed
Surpluses in health
Euro rescue by means of inflation
Asylum for the Chancellor
Discussion over democracy
Complaint against ...
The apparent vote ...
Courage, Mrs. Merkel!
Paid E-mailing
Only one month to go
Siegfried the Brave
Draghi wants more...
Fraud by forecast
Germany illegitimate
Election gifts
Left out
Youth unemployment
Public relations...
Leaders in politics
The rubble women
Every effort ...
Berlin Joint Welfare...
The casino of Cyprus
Ratings and bank union
A Conservative party...
Lies
Employees of public...
Bank union
lose links and ...
Democracy in Germany
Close-up
Our money is not safe
Out of order
More spirit of ...
TV duel
France in need
Finances in the ...
False average
The fight against corruption
Parliamentary absentees
Bravo, Mr. Weidmann!
At the end, Mrs. Lagarde?
On the subject of Cyprus
The wool has been ... I
The wool has been ... II
The problem of inertial ...
Schroeder’s homage
Gay marriage: only policy
Gauck
The budget in NRW was ...
Penalties for bankers
Bank bailout fund
The female quota
G-20
News about the Euro rescue
The war of the currencies
Stalemate in Italy
Merkel’s interests
NPD ban
Rating agencies
War-games again
S&P’s in the stocks
Political control
Mrs. Schavan, how...
Begging at a high level
Spain in the trend
Treaties between friends
Joint determination...
The most blatant lie...
Lower Saxony has...
Elections in Lower Saxony
Why have we called...
Something is rotten...
Secret agreements
Wulff has done...
MSK = DSK
Outcray against the ...
Politics is breaking ...
In the trap
The Target-2 system
Euro-political...
The Devil returns home
Members’ salaries
The last
Bankruptcy regulations...
The energy revolution
Bank rescue
Inactivity of the ...
So much eeriness at ...
Bad management is ...
Goodbye, Greece
General strike
Atlantis
Media in a fog
Euro Finance Week
The Berlin Bazaar
Careless love
The suffering basis...
Rescue packages ...
Election of the ...
ZDF
Steinbrück’s earnings
EU Summit in October
Aurea mediocritas
The veneering process
They have lied to us
All scapegoats together
Double accounting
Tour de force
Testament of poverty
Disservice
€ 8 more
In honour of Helmut Kohl
People have no respect
Nonsense and insanity
Pensions are not safe
Serial Merkel
Bad, bad, bad
People are not ...
Kohl’s merits
Deliberate false statements
Outwardly fine, inwardly...
DDBRD!
Gabriel goes underground?
Kohl’s Ghost
Hopeless bankruptcy delay
Open for business
Outcry against the ESM
2nd Outcry against the ESM
Fiscal Pact
Government bonds
ESM
Germany is bankrupt
Loss of democracy
Deception of investors
Merkel Referendum
The election in NRW
Ongoing election campaign
The aberrations of E. Pols
Speaking ban
Criminal complaints
Fear of publicity
Top experts
Real, direct democracy
Get rid of German President
Back-door politics
Competition for the office
Angela's wrinkles
Vultures gather
2011- System correction
Rating Agency Foundation
Contact men
Leading politicians
Transfer union
Membership fees
Referendum S21
Business–Banks–Politics
Misplaced doctors
State Trojan horses
Petitions ignored
The lever effect
Bonds by the ECB
Member states
No access
Political lobbyism
Conditions like in the East
Transparency
Sponsorship funds
Development aid
The transfer procedure
GER is doing itself away
Rescue packages
Supercrash in USA and EU
The 'Soli'-Lie
Vladimir Putin
A plea for direct democracy
Distrust of the Chancellor
More control
Flight of capital
Euro summit
It's war
The C in CDU and CSU
Deceit and lies
Germany getting screwed
Investments in countries
The illusion of a ...
General statements
Democracy-...-Dictatorship
GER-insurance society
Debt brake
Costs of members
Deceit and lies
Retirement provision
Medal of Freedom
Euro-thugs / Polit-thugs
We are the people
Security authorities
National debt and ...
Apology from the bankers
The Merkel Adventure
Party Competences
Chancellor
The East-Mark, ... ,Euro
Sister Merkel
Ruck-Rede & Oath of Office
The casino operation
Rescue Reactor
Euro rescue
Japan
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