This is the time for Federal States of Europe

We can still hear the shameless reticent news, agreed by the European leaders in the last summit when they are trying to save the European banks, to stabilize Europe and to save Greece from the crisis.

Do we have to accept the bank’s kindness of withdrawing 50% of the Greek’s debt with reverence when it was them, who generated most of the crisis, what a cheek! We all know it was the banks negligence for giving unworthy credits during the years of plenty.

Lets remember a non European nation, the Argentinean debt situation and the banks annulling most of their debt with private and not so clear interest rates, during the famous years of “financial courtroom”

I can see in shame European banking complaining of not having enough capital, as this is one proof of the inability of some European banks in some countries. I understand that such entities need to have a 9% capacity to maximise there services but it is proper that the EU keep an eye on the banks trading especially on credit given to small business and individuals, as we are at the receiving end of the bank’s errors.

It has been said that the EU will put in place a mechanism of guarantees to facilitate the finance of the banks, lets hope it is true, perhaps this is the answer to the financial problems of Europe, or better said, not having done so before is the cause of our present predicament.

We have heard Zapatero and Berlusconi going on their disastrous economic policies, one, not implementing in time the advice from the EU and the other for not even considering implementing them, at least Greece will have to accept the EU supervision of their finance, action very commendable to do in other countries.

It looks as if the world economic melt down has been created by the Europeans starting in Greece, while Merkel goes on with the phrase “if the Euro goes so does Europe” but she does not reduce the surplus capital in favour of the EU.

I believe that the EU should take less notice of the qualification agencies in the EEUU for they are more in favour of the dollar and undermining the euro any time, listen to the Berggruen Institute with there advice “ if Europe does not get more united, the debt will continue impeding growth” and the result will be the destruction of the euro. It is a clear message of the necessity to progress in the political and fiscal unity in the EU.

The EU should have more credibility with the powerful countries and not have to beg for financial help, and this is achievable only when there is one united strategy for:

-Coordinate EU politics

-To have economic independence

-To create jobs

-To better social justice

It is a paradox that Donald Tuck, Prime Minister of Poland said:

We should have more presence (the 17 countries outside the eurozone) now when it is precisely what is needed a unity in policy and identity in forming the Federal States of Europe. Historically, it is the people who push for progress.

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The Eurozone

We are seeing an historical event in our European Union that by chance, coincidence and a good deal of international politics, well coordinated by the black forces acting in the background, are slowly undermining half a century of European integration. The “family” is angry, parents dictate, the prodigal son is asked to go, the rest looks down and carries on, neighbours shiver with dismay, the house is still in one piece, the contents alter, they might have to take a body out, feet first, but the system continues.

The stock exchange, trade, financial markets continues its speculation, the rating agencies imposes it will, (the beautiful European lady, slowly and surely by the ruthless entities of the World, commences its decline into anonymity) they act like vultures to the smell in the air of dead meet raising from the four quarters of the land. The interest rates high and the people’s deposits at its lowest, plus the burden of their government mistake, mismanagements, is a recipe for revolution.

Lets reflect what is happening in our World to this day, “nothing” has been solved, too much talk, the G20 gathers but their track records shows –they do not solve our world, they still have not agreed on the reduction of CO2, they only agree to have another meeting and thus by ignoring the issue the stink increases, the vultures will get fatter, the banquet will be extensive and in abundance, the coffers will fill up so big and massive that lending will be done to other businesses, individuals, corporations to have modern slavery for decades. There will always be someone to exploit.

I believe the strategy is that by doing so, the quality of life will be reduced and a good percentage of the population cease to exist, therefore fewer mouths to feed and care for, less CO2 and more money in the coffers.

All this borrowing now and pay later attitude, reminds me of the optimistic soldiers who are taken to the front line and think they are going to tell the venture back home. The herd of European citizens is canon fodder, easy to persuade and easy to exploit, there is no alternative other than to put up with it and plod along.

I do not know what the solution is but it might have something to do with the devaluation of Chinas’ currency and the dollar and the euro is the currency to sacrifice.

There is one alarming point, when the World financial problem is solved, the world banks, private entities and individuals will have to build massive storage to keep all the money that they gain from squeezing the EU or better the massive debt of the world. The oldest form of democratised slavery.

It also true that without knowing all the details to the events, it is impossible to arrive to any reasonable conclusion. What has been happening since Mr Reagan’s administration in the world economies of free markets?

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