ALLIANCE FO§ DEMOCRACY

Totalitarian Collectivism

In our book, "The German Disaster“,

we provide this summary from page 248 to 249: “The mergers of banks and nations, i.e. the euro/European Union of our time, was doomed from the start. They were the result of political actions that were intended to keep political parties in power. The founding of the ECB played a major role. It is a bailout institution, which has dispossessed the citizens. For that matter, the people are expected pay for the incredibly high losses resulting from this policy. The union of banks that governs today is capitalism’s policy stroke, as Bertolt Brecht explained: ‘Bank robbery is for amateurs. The real pros open a bank.” The term “real pros” fits with what people say in common parlance: ‘ “The biggest criminals and mafias sit in the government capitals of the world.’ “

The policy of giveaways of the German political parties has to lead to the failure of the economy and society, all the more so since the reforms necessary today, and at all times, have not been initiated. Thus, the people have been deceived and the political parties have still not earned voter trust for the government mandate. Those who govern take their oaths of office as though they were accepting a factory order, as the welfare of the people degenerates into perhaps the worst economic crisis of all time: the euro crisis, affecting all countries who have adopted the euro as their currency, hoping a little inflation would help them dismantle the mountain of debt in all European national budgets. Unfortunately, all of the member states are turning their citizens into debtors in this way.
All efforts by the ECB and the euro/European states to save the common currency have been in vain. Meanwhile, the ECB has few options for keeping the euro as the currency; Politicians themselves have rejected any responsibility for the introduction of the euro and have driven this megalomaniacal project in a direction that necessarily leads to an infringement of the law and to the deception of the people.
There were no reforms, political disputes, no arrangements, no effort by the caste representing the people to think and act economically. None of the euro summits to date and none of the debates are more important than this. The path of the common currency is leading to a totalitarian system, a partisan collective of debt that liquidates our society, and cripples the economy. The bankruptcy of the state has only been prevented so far by the dubious actions of politicians. Public debt and budget deficits and the indebtedness of the banks and the economy could not be avoided, however. Political parties continue to distribute gifts to the people, which the people have to finance themselves and are unable to. We have lost any sense of ethics and decency that a welfare state, which also calls itself a democracy, should have.
The politics around the euro have destroyed the currency. Slowly, it has been weakened, robbed of its value. All of the institutions such as the ECB, the IMF and the BIS, who claim to be safeguarding the stability of the currencies, have acted in breach of their own statues and therefore against the European people. They are the real robbers that Bertold Brecht spoke of. With respect to the remark, "the real pros open a bank," the governments have become a mafia, which is mainly concerned with covering up its mistakes.
If the governments of member states such as Germany and France are too cowardly to implement reforms with drastic cuts because they could lose votes, then something is wrong with the system. When politicians must deceive their constituents to preserve political power, we can only hope this means that the demise of the political mafia is imminent. Politics have failed, the economy is on the brink and the banks have to be bailed out.
Currency reform – which we at MfD have been urging since 2006 – cannot be far off. However, currency reform requires clear objectives, a strong political hand, and none of the European states has these. All Governments are subject to the dictates of the financial markets, or have turned over their own state treasuries to the financial markets, which are now in danger of crashing. So, the politicians are again putting the burden on the citizens. They are unceremoniously dispossessed. The debt community has degenerated into actionism and forms a totalitarian, undemocratic and anti-social collective. And the German political parties have allowed this to happen.
In this regard, the national parties, all members of the German government, the representatives of the German people, but also the state leaders of other EMU countries, and all countries of the Western World saddled with debt in the trillions, deserve to have the book thrown at them. The last step will be the dissolution of society, and perhaps war.
The person in charge is currently ECB President Mario Draghi. The press has already dubbed him a “man of desperate deeds.” Even Bundesbank President Weidman has criticized the announced purchase of so-called "junk bonds" by the ECB. This would allow credit risks to be transferred "to the central banks and therefore the taxpayer" (Bild, 6/10/2014, pg. 2). Even the Fed, quoted by the Frankfurter Allgemeine Zeitung of 25/09/2014, has warned about risky lending. German economist Michael Hühter has expressed the same opinion (Bild, 11/10/2014, pg. 2). In this regard, a headline in Bild on 23 August 2014 reads: “Fear of New Economic Crisis Grows.” Under the heading “Run for your Lives” the weekly magazine Junge Freiheit of 10 October 2014 writes on page 31, “Low Interest Rates: The policy of cheap money deprives Germans, aids the Southern Europeans and leads to the collapse of the financial system” by Jörg Fischer. The daily Rhein-Neckar-Zeitung reported on page 21 of its 8 October 2014 edition that the IMF sees the risk of a global economic crisis, and this after the IMF had to significantly lower projections for growth.
In an article in the Süddeutsche Zeitung (9/10/14, pg. 19) titled “Three against Draghi,” Bavaria’s Finance Minister Söder urges the federal government to stop the ECB’s plans to purchase “toxic assets.” Söder’s opinion is backed by IFO President Hans-Werner Sinn and former chief economist of the ECB Jürgen Stark. They have been quoted as saying the ECB is taking a "dangerous path." Interestingly, in his books Euro-Falle AND Gefangen im Euro, Hans-Werner Sinn describes the currency as a ticking time bomb. Even France and Italy are slipping deeper into the crisis. Hundreds of billion of euros have already been allocated. The only question now is whether the euro bonds will still be coming. This is a plea to implement swift reforms, slash the debt and restructure the Eurozone. This is exactly what MfD proposed years ago to improve the situation for the population of the EMU, particularly the FRG: to immediately slash debt, implement swift reforms and restructure the Eurozone.
A Focus Magazine article titled “Die Weichmacher” (edition No. 41, pg. 37), describes how Mario Draghi is playing political football with the ECB in the euro countries hit by the crisis – with disastrous consequences for the common currency and German depositors.
The euro is crashing. It is overvalued, given the economic situation in Europe. The ECB is aware of this, said François Hollande in an interview with "Le Monde" on 20 August 2014. On 11 September 2014, the President of France's Central Bank and a member of the ECB Council, said. "To achieve our inflation target of 2 percent, we would have to lower the value of the euro. We need to bring it down even further."
The fact is: The dollar is gaining, while the euro is losing ground (against the dollar). The Fed is stemming the flood of cash by raising interest rates and curbing the money supply, weakening the euro further against the dollar. On the one hand, that is good for exports, e.g. in the U.S., but it affects Germany, because German and/or European goods are less expensive for the U.S. overall.
On the other hand, it is not good, because a reduction in the external value of the euro poses significant problems, such as the reduction of the value of the Swiss franc by the Swiss Central Bank, which was necessary because the euro is losing value or is devalued every day. This further weakening, which is continuous and not only structural but permanent, will lead to currency reforms.
We at MfD believe that anyone who is so bogged down in debt should not be ostensibly rehabilitated with further loans, because these will be used to negotiate even more economic initiatives. In an opinion piece called “Disastrous Debt” ( Fatale Schulden , Trade Journal, 25/10/2014), Markus Färber and Werner Lang, write that the euro is not to blame for the present crisis. Both are members of the European Parliament’s Committee on Economic and Monetary Affairs and they may be excused for their lies, since they are perhaps bearing false witness to keep their jobs.
The assessment given by László Andors in a speech is clear, and it is clear to the European institutions, where the crisis is leading: into the abyss! The European Commission is also aware of the greatest public scam of all time, but is incapable of acting until inflation is finally taken into consideration. No cash infusion will result in growth, no speech by Chancellor Merkel will secure our alleged prosperity. The pensions are lost, the future of our youth gambled away. The totalitarian collectivism of politics is the next stage we enter, war is the last.
This view may be bleak, but it is the only possible outcome based on the experience confirmed by history, which has repeatedly shown that the folly, greed and hubris of large economies or unions between states is always followed by the decay of high finance. Totalitarian collectivism, then, is the expression of the failure of those who attempted to rule over one or more peoples but were unable to because their intentions were not good and were not intended to serve the interests of the people but their own interests. What totalitarian collectivism refers to in particular is: national rulers who exploit the people and must then protect themselves from the people after they have deprived them of their livelihood. We can only hope now that this practice will someday lead to criminal prosecution, but this will only happen when the people claim their right to self-determination in a true, direct democracy.