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12 October 2010 @ 03:02 pm
Mr Cameron, on EU governance do the right thing, a referendum  
It will gratify most people and astonish the rest.

Federalisation by stealth.
The way of the shysters that are bankster con-men, their European Commission, Cameron (?) and successive leaders since WWII.

UK Payments Council
Its mission is to make us pay everything by direct debit, wages, bills, transfers of every kind on the way to eliminating real money however inconvenient.

The European Payments Council (EPC)
Supports and promotes the creation of the Single Euro Payments Area (SEPA).
The European Payments Council (EPC) is the decision-making and coordination body of the European banking industry in relation to payments. The EPC develops the payment schemes and frameworks necessary to realise the Single Euro Payments Area (SEPA). SEPA is an EU integration initiative in the area of payments designed to achieve the completion of the EU internal market and monetary union.

The Underlying Costs of EU Defence Integration

(TPA) Dr Lee Rotherham, with a foreword by Rear Admiral Richard Heaslip CB
Our latest EU research paper provides both an historical and a contemporary perspective on EU defence integration. As such it is a companion paper to our paper on EU Diplomats, which looked at the emerging integration of foreign services. Both are part of a policy of removing EU states’ ability to individually protect their national interest in the face of parochialism and non-interventionism amongst their allies.
The estimated bill for the EU having incorporated defence into its treaties is currently running at around €932 million per annum (£777 million), in addition to direct national military expenditure. That equates to around £80 million a year from UK taxpayers.
Futhermore, British participation in the European Defence Agency is a threat to national identity and defence capability, and the expansion of EU defence integration also threatens Britain’s very particular technological privileges arising from its relationship with the United States.
The United Kingdom should extricate itself from EU defence integration, and rely more on a NATO framework, ongoing Commonwealth associations, and bilateral arrangements. /full report
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Federalisation by impoverishment

Debt Interest Takes Off

Yesterday's public sector borrowing stats gave us a sharp reminder just why we need to get on with those spending cuts.
Net borrowing for August was actually up on last year, and year-to-date is only marginally below last year - despite the increase in VAT and throttling back on public investment.
Looking at the detail, the scariest single number is that for debt interest payments. Year-to-date they have increased by £8.1bn, a staggering 73%. Looking at the rolling 12 month total, they are now running at £39bn pa, up by £12bn pa from a year ago.

The mechanism
How the euro caused Ireland’s crisis Allister Heath
[...] Companies and consumers were being paid to borrow; projects that would never have been worthwhile were the authorities pricing money properly were being signed off left, right and centre. The whole country was drunk on cheap credit, courtesy of the euro
[...] Ireland’s membership of the euro was thus the single most important reason for yesterday's [31st Sept] eye-wateringly large bailout of the Irish banks, which will take the budget deficit to 32 per cent of GDP and its gross government debt to 96 per cent of GDP. The tragedy is that nobody is pointing this out: the political establishment is too closely implicated and may yet need to draw on a European bailout fund.

The coup de grace
The EU (EC) gallops to the rescue with the Lisbon constitution treaty breaching bailout fund. A follow-on blow to sovereignty, a central debt bank has been mooted.

In "Time for Greece to play by the E.U.'s rules" Anne Applebaum writes:
Nevertheless, the council's "decision" does represent something new. Though the European Union has always required a partial surrender of sovereignty from its member states, Greece no longer has much sovereignty at all. IMF agreements also impose conditions, but the language is somewhat different: The indebted country requests help, the IMF responds. In this case, the European Union has decided what Greece "shall" do. I don't believe anybody, least of all the Greeks, knew that the European Union had so much power over its member states. [Eco fascist federalisation by stealth, one law at a time, one treaty at a time.]
Maintaining this intense legislative schedule will not be easy, whatever promises have been made. Modern Greece has a history of foreign occupation -- by the Ottoman empire, by Nazi Germany -- and some Greeks are already calling on their compatriots to resist the new occupation forces of the European Union and the IMF. Resistance could take forms more subtle than rioting. Athens, after all, is a city in which 364 people told tax authorities they owned swimming pools -- and in which satellite photographs reveal the existence of 16,974 swimming pools. If a tax or legal reform is perceived as a foreign imposition, will Greeks abide by it?
Though no one is saying so, this visible imposition of E.U. power on Greece will also serve as a warning to others who want to enter the eurozone in the future. Yes, if you play by the rules, being part of Europe means being part of the world's largest and most prosperous economy. But if you don't play by the rules, you risk coming under foreign financial occupation. Euro-neo-colonialism, in all its glory, has arrived. [Eco fascist federalisation - against the will of the people.]

Additional reading. In "The end of fiscal sovereignty in Europe" Michael Spence wrote:
The late Milton Friedman said that a common currency – that is, a monetary union – cannot be sustained without a deep form of economic and political union. By this, he meant an open economy that ensures the free flow of goods, labour, and capital, together with a disciplined central fiscal authority and a strong central bank. The latter two are pillars of a strong currency. They work in tandem. But the other pieces are no less important.
The eurozone, currently wrestling with fiscal imbalance and sovereign-debt risk, has a strong and autonomous central bank, but is fiscally fragmented and only partly unified politically.

Feeding the insatiable parasite. Today in "As we wield the axe, Europe asks for more" Philip Johnston writes:
Even if a case can be made for extra finance for economically viable projects, the EU is proposing a sharp increase in spending on justice and security at a time when we are planning to cut back on police. The Commission's plans would also push spending on the bureaucracy up to around £8 billion annually. This represents a four per cent increase in administrative costs and is especially galling to public servants in EU member states worried about their own jobs.
EU governments want to curb the pay of officials – which is often considerably higher than their counterparts in national capitals – who are due to get a 3.7 per cent rise. They have also demanded a recruitment freeze and a cut in pension pay-outs to retired officials. But this austerity package probably runs counter to EU law and a challenge now before the European Court may well succeed.
The principal reason why administrative costs are going up is because the Lisbon Treaty established a raft of new EU institutions, such as the presidency and foreign ministry, which have to be funded, fed and watered. Also, giving the European Parliament more say over the budget has opened up the prospect of financial horse-trading and special interest pleading – known in America as pork barrel politics. MEPs from across the EU are pitching in for their own pet projects ahead of the final budget negotiations later this autumn, including nearly £280 million for dairy farmers, £8 million for a school fruit plan and £5 million for beekeeping. In all, if the MEPs got their way the budget would rise by £3 billion above what the member states believe is affordable.
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Scrap the Carbon Trust
Today we're releasing the first of a series of letters calling for the worst wastes of money in the quango sector to be abolished.  In 2009/10 the Carbon Trust received nearly £118 million from the Department of Energy and Climate Change in its core grant.
We think it should be abolished, and we've set out why in the letter we have released this morning.
We'll be sending it to Chris Huhne. And we are encouraging you to contact him as well, urging him to scrap this huge waste of money.
Please do the same by e-mailing chris@chrishuhne.org.uk or writing to him at:
Chris Huhne
Department of Energy and Climate Change
3 Whitehall Place
London
SW1A 2AW
Please share this with your friends through Facebook, Twitter, and email, and encourage other people to do the same. Together we can get this quango scrapped.
Click the image to read the letter in PDF format.

[How Stupid Can It Get? Carbon Capture, Huhne Surrealism ]

I would add to that, any advice from such as the blatantly biased Royal Society should be supported by the membership of the organisation. Anthropogenic influence on climate as portrayed by the hierarchy was clearly controversial amongst the membership yet this was not acknowledged by the RS board. I would suggest a board that doesn't represent the membership should not exist.

Obama continues attack on Chamber of Commerce
President Obama, [bankrollers on the left] speaking at a rally in Philadelphia, said "the American people deserve to know who is trying to sway their elections" and raised the possibility that foreigners could be funding his opponents.

"You don't know," Obama said at the rally for Senate candidate Joe Sestak and other Democrats. "It could be the oil industry. It could even be foreign-owned corporations. You don't know because they don't have to disclose."














Opening Auntie's books

A NAO report earlier this year that revealed what the BBC coverage of Glastonbury music festival was costing each day (£580,000); it’s also thanks to the NAO that we found out that almost 500 staff went to the Beijing Olympics at a cost of about £4million.
There is a big area that still needs more light shed on it though, and that’s stars’ salaries.  It is expected that, as part of this new deal with the NAO, details of celebrity pay will still remain a secret.  If the NAO isn’t given all the information they need to do their job, then it undermines transparency on spending elsewhere at the BBC, and undermines the Trust.  The BBC needs to reveal how much of our money they are paying top on screen personalities, then it can be up to viewers to say if they are value for money or not.

Carla - A Secret Life
The unauthorised biography of Carla Bruni-Sarkozy in pictures.

Telling moments in the life of the capricious hottie.









Worth a visit: Media Myth Alert