Showing posts with label Politics of Europe. Show all posts
Showing posts with label Politics of Europe. Show all posts

Monday, October 30, 2017

Who Feels EU Membership Has Paid Off? (Spoiler Alert: Not Italy)

Amid the UK"s Brexit vote and rising right-wing populism across Europe, euroscepticism has never posed a greater threat to the EU.


Despite the turmoil, majorities in most countries feel they have benefited from EU membership. According to the European Parliament, 90 percent of people in Ireland feel their country"s decision to join the EU has paid off.


Back in 1973 before joining, Ireland was struggling to find its feet internationally amid strong economic dependence on the United Kingdom. However, as Statista"s Martin Armstrong notes, in the years since it became an EU member, Ireland transformed its old antiquated and agriculture-centered economy into a modern one thriving on hi-tech industry. The European Commission has estimated that Ireland’s net gain from EU budgets has amounted to an impressive €44.6 billion since 1976.


Infographic: Who Feels EU Membership Has Paid Off? | Statista


You will find more statistics at Statista


Malta and Lithuania are close behind Ireland with 89 and 88 percent of people agreeing that EU membership has paid off for their countries.


In Greece and Cyprus, people are far more pessimistic. 48 percent of Greeks and 45 percent of Cypriots feel they have not benefited from EU membership. Italy had the lowest level of agreement with only 39 percent feeling EU membership has paid off.









Tuesday, September 26, 2017

Why Germans Voted For The Far-Right 'AfD'

The main headline from the German election yesterday is not Angela Merkel getting a fourth term in charge, but rather her party"s weakened position - caused chiefly by a surge in support for the right wing nationalist party "Alternative für Deutschland" (AfD).


The AfD is a controversial party - one which not only ran on a program of anti-immigration and anti-Muslim policies, but one which is at least in part represented by people who have expressed racist and xenophobic views.


Nevertheless, provisional results indicate that the party has received 12.6 percent of the total vote, making it the third strongest in the country.


Why then did this happen? As Statista"s Martin Armstrong shows in the infographic below, AfD voters were primarily motivated by fears of terrorism, fears of crime and dissatisfaction with the influx of asylum seekers into Germany since the 2015 crisis.


Infographic: Why Germans Voted for the Far-Right


You will find more statistics at Statista


Perhaps key to understanding the lurch to the right is the indication that the majority of AfD voters say they made their decision not based on belief in the party, but rather as a reaction to their disappointment in the other parties.

Wednesday, September 6, 2017

Polish Foreign Minister Demands Germany Pay $1 Trillion In Reparations

Poland has escalated its demands for World War II reparations from Germany from "billions" a month ago, to "about $1 trillion" today as Poland’s foreign minister demanded "serious talks" were needed with Germany.



Relations between Berlin and Warsaw have been on edge recently over issues including Germany’s push to share responsibility for refugees across Europe - which Poland has rejected - to the European Commission’s infringement procedure against PiS plans to have more control over the judiciary. Last month the EU sued Poland, Hungary and the Czech Republic, forcing them to accept refugees even as the rest of Europe turns a blind eye to the 100 thousand refugees that have made landfall in recent months in Italy.


But, as The Independent now reports, the rhetoric is heating up.





Poland’s foreign minister Witold Waszczykowski told local radio station RMF that “serious talks” were needed with Germany to "find a way to deal with the fact that German-Polish relations are overshadowed by the German aggression of 1939 and unresolved post-war issues."



He said Poland’s material losses were about $1 trillion, or higher.



Polish defense minister Antoni Macierewicz also accused European critics of trying to “erase” the fate of the Poles at German hands during the war “from the historical memory of Europe”.



The country’s right-wing government has dismissed a 1953 resolution by Poland’s former communist government which dropped any claim to reparations from Germany, and are instead claiming that Germany is “shirking” its moral responsibility.



Around six million Polish citizens, including about three million Jews, were killed during the war and much of Warsaw was destroyed.


Interstingly, an independent Ibris poll found that 51 per cent of Polish people objected to repatriation claims against Germany, while 24 per cent were in favour. Critics of the government say they are talking about reparations to divert attention from their nationalistic agenda.

Sunday, July 9, 2017

The End Of The Cycle: "Government Will Gladly Enter War To Cleanse The Balance Sheet And Cull The Herd"

Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne)) via SHTFplan.com,


In the days following the 241st anniversary of the signing of the Declaration of Independence, the country is in an even more precarious position than it was in 1776. 



We face a situation of a fiat currency about to collapse as the consumer-based economy follows.  Whether orchestrated by our imperialistic government or following actions of a hostile foreign nation (prompted or unprompted) the government will gladly enter a war to “cleanse” the balance sheet and cull the herd.  Concurrently, the country is deeply divided domestically along lines of racial unrest.


The country also faces a threat to its existence in the face of Muslim extremists who are fostered by the traitorous socialist-Marxists in our government who enabled their entry under Obama as protected “refugees.”  U.S. policy in every arena is a chariot drawn by horses with no driver, jerking toward the “Blues” of the socialist Democrats or the “Reds” of the socialist, pseudo-Republicans in the domestic quagmire, the Circus Maximus partially in ruin after years of Barack Hussein Obama II’s reign.


The superficial and superfluous, in the meantime, becomes the public focus and hence the distraction: “Simulacra and simulation,” so to speak.  The majority have gone forward in their consumer-driven Habitrail according to the sacred Hallmark Calendar…the one that has a “THX-1138 Consumer Day” at least one day every month.  The one with a fixed venue: everyone left the house to shop, to eat, to plan on the big barbecue in the afternoon.  Finally, in the evening, everyone then piled into the cars to watch the fireworks.  Then they all went home, to mount the treadmill again in the morning.


The fireworks: thousands of tons of them, made in the People’s Republic of China.  It was a perfect, patriotic display, complete with “Ooh’s” and “Aah’s” as the Communist-Chinese fireworks simulated the rockets’ red glare and the bombs bursting in air.  Make no mistake: it is nighttime, and although our flag is still there, the country that it symbolizes is not whole anymore.  We have become an entitlement nation, where those who did not work and contribute to the system believe they are entitled to the fruits of those whose labors enable the country to keep chugging along.


The government believes it is entitled to what those who pay taxes earn.  And those who support the system?  We believe that we are entitled to reset everything based on the merits of hard work and conservative values: an automatic, bloodless reset.  All these “entitlement” mindsets, forgetting that everything is cyclical.  We are at the end of the cycle for the United States.  We peaked long ago, and now we are deep in the decline-phase.  The Founding Fathers summed up in words what we are truly entitled to…a loss of our freedoms following the moral and societal degradation that we have allowed as a nation.  Some fostered it (the Marxists) and we the conservatives allowed them to do it.


We didn’t put a stop to the degradation that occurred through the decades, and this is the result.  A law-abiding people is most easily controlled by the law.  There is no news today!  There is no coverage over what is happening in the rest of the world!  Where was the coverage…live…when the Egyptians were fed up with Morsi and the Muslim Brotherhood and enlisted the aid of the army…and aided it, rioting in the streets to oust those extremists that Obama allowed to take power?  Where was the true coverage of the coup d’états we fostered, supported, and enabled in Ukraine and in Libya?  No, the “coverage” is limited to the lives of tabloid celebrities and distortions of any objectivity.  Why?


To keep the citizens dumbed down, uninformed, working, taxed, consuming, mesmerized by sports and sex, and stultified to prevent them from taking any action against a government that is becoming more tyrannical, more repressive by the day.


The media obfuscates: they aid, and in turn are aided by, the government.  Benghazi, Libya.  An embassy of the United States destroyed, and the ambassador and four members of his consulate killed, and nothing…nothing…has happened to the perpetrators.  The Secretary of Defense just released a report that the armed forces of the United States are in severe disarray and lacking both manpower and materials.  Most of us (the conservatives) are recognizing all of this.


Thomas Jefferson wrote about the Tree of Liberty.


The situation was arrived upon because the populace overall does not take any personal responsibility.  That reason covers the entire spectrum of the basis for the entitlement mentality.  Conservatives have lied to themselves, saying “It’ll all balance out eventually,” or “We’ll just vote the bums out of office and it’ll be made right,” or “Somebody will take care of it.”  The “somebody” needed to be us.  The problem is that Americans don’t sack the Curia or burn down the Bastille.  Americans fear the lack of law-abiding action, fear the potential for anarchy.


But anarchy can also take form when the law-abiding do not put a stop to the lawmakers and their machinery turning a Republic into a tyranny: the controlled, purposed anarchy that follows is an anarchy of lawless laws, that only serve to empower the powerful and subjugate the subjects.


The payment of taxes serves to feed the jailers and build the ever-growing cage of surveillance and control that is inexorably tightening upon society and every citizen.  The 8-year destructive actions of Obama left the country on the verge of collapse and war, with only agonal breathing on its deathbed: the country visits its own wake.  Now we have an administration that supplies the formerly anaerobic society with about 4 liters of oxygen per minute when a full 16 is called for: a “watered-down” Republicanism with fifth columnists preserving Obamacare and that hand of government control is still tightening on the throat of the people.  The hand is a mail gauntlet with the thin veneer of a velvet overlay.


In just 3 ½ years, that velvet will fade, and the gauntlet will fully and openly reemerge once more.  If we make it for that length of time.  In truth, we face a larger problem that we have never encountered since the country’s founding.  We face the dual threat of war (orchestrated or otherwise) and a concurrent collapse of the economy, complete with civil war/social upheaval domestically.  The funeral dirge has been playing awhile, now.


Bottom Line: All of this is the planned and deliberate globalists’ agenda: to destroy the United States from without and from within, by any means necessary.


To truly celebrate the “birthday” of the United States, it will have to be “born again.”  The possibility exists that this means being born from the ashes of what remains after it hits rock bottom…through warfare, internal collapse, or a combination of both.  Society (and the stance of individual men) are both fragile things.  We also face the problem of needing to act, but it may be too late to act until everything is taken to the ground.  What will emerge from that is then up to those who survive the initial event.  Food for thought, after Independence Day, perhaps at the Twilight’s Last Gleaming.

Monday, May 8, 2017

Watch Live: French Activists, Unions Clash With Riot Police In First Anti-Macron Protest

Macron won the French presidential elections against Marine Le Pen. Now comes the hard part.


Emmanuel Macron may have won Sunday"s presidential election by a comfortable margin, but even his supporters" enthusiasm is tempered by the scale of the challenge that the inexperienced politician faces in tackling France"s deep-seated economic, social and security problems, Reuters notes. Macron, the former economy minister of the Francois Hollande - whose regime led to a dramatic deterioration in the French economy - and who had never previously stood for elected office, is facing his first major protest less than 24 hours after being elected, with activists and unions holding a protest on Monday against Macron’s proposed labour reforms plans.


And, according to French press reports, tensions are rising in the post-vote protest in Paris against President-elect Emmanuel Macron, as well as against the upcoming economic reforms. Police have briefly engaged in scuffles with protesters, according to Reuters, which adds that a hundred and forty-one people were arrested in Paris after trouble flared overnight following Emmanuel Macron"s victory in France"s presidential election, police said on Monday.


Those detained in Menilmontant, a north-eastern district of Paris, were accused of offences ranging from throwing missiles at the police to damaging property. The demonstrators were protesting both against Macron - criticized by many on France"s far left as a member of a discredited elite in thrall to global capitalism - and against his defeated far-right nationalist rival, Marine Le Pen.



Riot police stands in a street while people take part in a demonstration on May 8/ AFP




“He is not our president”, “Say No to the new labor reform!”, “Say No to repression”, read the banners held by demonstrators.



Representatives of trade unions, left wing groups, as well as anti-fascists and anarchists are taking part in the rally, according to French media



“En Marche! is pushing towards social war” said another banner held by protesters. The En Marche! political party was created by Macron in 2016 after he stepped down as Economy Minister under Francois Hollande’s government to join the presidential race.




Activists announced before the presidential run-off that they would demonstrate regardless of who won, saying that both Macron’s and rival Marine Le Pen’s policies are anti-social.



The protests are not over: the hardline leftist CGT labor union planned a demonstration in the capital later in the day against the kind of liberal economic policies that Macron espouses.

Wednesday, May 3, 2017

To Italeave Or Not? Confused European Traders Shift Attention Away From France

A quick glance at the soaring Italian stock market and one would have faith in the future of the euro, with Alitalia just a "storm in a teacup". However, bond traders are as worried about political uncertainty as ever with Italian bond risk surging to over 3 year highs.


As Bloomberg reports, the FTSE MIB Index is trading near a 15-month high after ex-Prime Minister Matteo Renzi resoundingly won back the leadership of the Democratic Party.


But bonds tell a slightly different story, with a wider yield spread to France showing investors are wary of the country’s political uncertainty as Renzi faces an uphill battle to regain his role as prime minister.




So which one to believe? Bonds (Italeave) or Stocks (Rome-ain)?

Friday, March 17, 2017

Turkish Foreign Minister: "Religious Wars Will Start Soon In Europe"

Turkey"s arch-nemesis - well, one of many -  Dutch politician Geert Wilders may have just suffered a major disappointment in his recent political career after yesterday"s Netherlands general election, but that did not mean that the diplomatic scandal between Turkey and the Netherlands has been put on hiatus; on the contrary: Turkey"s Foreign Minister Mevlut Cavusoglu warned that Europe is headed for “wars of religion” and claiming Dutch politicians are taking the continent “to a cliff.”


Speaking at a rally in Antalya on Thursday, Cavusoglu assessed the outcome of the Dutch elections which saw a failure for the anti-Muslim, anti-EU Geert Wilders garnering a majority of the votes, after a campaign rallying for the closure of mosques and banning of the Koran.



However, instead of celebrating the defeat of the anti-Islam politician, and his defeated by Prime Minister Mark Rutte’s People"s Party for Freedom and Democracy, Cavusoglu warned that Wilders’ beliefs are shared by others across the Netherlands.


"Many parties have received a similar share of votes. Seventeen percent, 20 percent, there are lots of parties like this, but they are all the same," the Foreign Minister said adding “there is no difference between the mindsets of Geert Wilders and social democrats in the Netherlands. They all have the same mindset...that mindset is taking Europe to the cliff. Soon wars of religion may and will start in Europe,” Cavusoglu said, quoted by Reuters.


The comments come amid a bitter feud between the Netherlands and Turkey. Ankara suspended high-level relations with the European country on Monday, after it banned ministers from addressing Turks at a rally in Rotterdam, where they were expected to advocate for a constitutional referendum in Turkey. Following the ban, Turkish President Recep Tayyip Erdogan accused the Netherlands of acting like "fascists" and “Nazi remnants.”


Erdogan also accused the Netherlands of state terrorism and having a “rotten” character earlier this week, claiming the Dutch were responsible for the 1995 Srebrenica massacre during the Bosnian War. “We know how rotten their character is from their massacre of 8,000 Bosnians there. Nobody should try to give us lessons on morality, especially not those who have blood on their hands,” he said.


"Hey Rutte, you may have won the election as first party, but you have lost a friend like Turkey," Erdogan told flag-waving crowds at a pro-referendum rally in the northwestern province of Sakarya.


He also slammed the European Union for a ruling allowing companies to ban staff from wearing Islamic headscarves under certain conditions. "Shame on the EU," Erdogan said. "Down with your European principles, values and justice ... They started a clash between the cross and the crescent, there is no other explanation."


Erdogan is lobbying for 5.5 million expatriate Turks to vote ‘yes’ in an upcoming referendum which would give him sweeping new powers to issue decrees, declare emergency rule, appoint ministers and state officials, and dissolve parliament.


Critics say the move would be a step backwards for democracy, removing the system of checks and balances. Although a majority Muslim country, Turkey is officially secular and headscarves were banned for decades in the civil service and universities. Erdogan and the Islamist-rooted AK Party he founded fought to overturn those bans, which they see as discriminatory, and to bring religion into public life.

Tuesday, March 7, 2017

This Is Now Germany's Longest Bull Market Ever

Ironic on a day when German macro data collapses, the DAX just closed on its bull market"s 8th birthday... for the first time ever.


DAX is up 151% off its 2009 lows, S&P up 248%...



h/t @Schuldensuehner


And German 10Y Bund yields have collapsed from 3.00% to 32bps...



Monday, March 6, 2017

Brexit Reality: "Paying Any Exit Fee Is Absurd"

Via Mike Shedlock of MishTalk.com,


The EU demands the UK pay Brexit costs of €60 billion.


I have commented for months on the absurdity of pay such demands.


And that reality is finally hitting home.
 


Collision Course


Please consider U.K. May Be on Course for Early Clash With EU Over Brexit Costs.





U.K. Prime Minister Theresa May’s government looks set for an early clash with European Union leaders over the terms of Brexit as a report suggested it can leave the bloc without paying a financial settlement.



The Times newspaper on Saturday said government lawyers concluded there is no law or treaty to compel the U.K. to pay the bill EU officials have estimated at about 60 billion euros ($64 billion). That echoed a newly published finding of a House of Lords committee.



“Even though we consider that the U.K. will not be legally obliged to pay into the EU budget after Brexit, the issue will be a prominent factor in withdrawal negotiations,” Committee Chairwoman Kishwer Falkner said in a statement. “The government will have to set the financial and political costs of making such payments against potential gains from other elements of the negotiations.”



Haggling over how much Britain owes appears set to provide an early test of the formal negotiations, which May has pledged to invoke by the end of March. Austrian Chancellor Christian Kern became the first EU leader to put a value on the bill when he told Bloomberg last month that Britain should be charged about 60 billion euros.



That sparked anger from May’s Conservative Party, with former leader Iain Duncan Smith calling it “nonsense.” Trade Secretary Liam Fox has dismissed the idea of paying anything at all as “absurd.”



Upper Hand


The EU nannycrats have long insisted they have the upper hand in negotiations. The reality is the UK is not obliged to do anything, including a filing Article 50. The UK can tear up the treaty tomorrow and be done with it.


Walk Away


The primary problem in these negotiations is the EU nannycrat fools believe they can force the UK to pay ridiculous exit charges on top of other demands.


The ideal approach for the UK is to simply walk away. What can the EU possibly do that does not hurt the EU even more than it does the UK?


The sooner Theresa May sets the appropriate tone for negotiations the better off everyone will be.


I wrote about this long ago in Brexit Stacked Deck? Which Way? Don’t Negotiate, Just Leave!


Serious negotiations can only begin once Theresa May sets the proper tone. The proper tone is the UK is prepared to walk away and pay the EU nothing.