EU Proposes €50bn Climate Change Deal Ahead of December’s Global Climate Change Conference in Copenhagen

The EU proposes climate change deal to steal more taxpayer money.

Lord Christopher Monckton: Is President Obama Poised to Surrender the Constitution and US Sovereignty to World Government?


Added: October 16, 2009

Has Anyone Read the Copenhagen Agreement? U.N. plans for a new ‘world government’ are scary (The Wall Street Journal):
“We can only hope that world leaders will do nothing more than enjoy a pleasant bicycle ride around the charming streets of Copenhagen come December. For if they actually manage to wring out an agreement based on the current draft text of the Copenhagen climate-change treaty, the world is in for some nasty surprises. Draft text, you say? If you haven’t heard about it, that’s because none of our otherwise talkative political leaders have bothered to tell us what the drafters have already cobbled together for leaders to consider. And neither have the media.”

“So far there have been more than a million hits on the YouTube post of his address. It deserves millions more because Lord Monckton warns that the aim of the Copenhagen draft treaty is to set up a transnational “government” on a scale the world has never before seen.”

Greenpeace has been taken over a long time ago.


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The European Union proposed on Friday that rich countries should give developing nations up to €50bn ($74bn) a year by 2020 to help them fight climate change but stopped short of stating how much the 27-nation bloc was willing to contribute.

After a two-day summit, EU leaders said the support by rich countries should begin with an annual €5bn-€7bn from 2010 to 2012 in “fast-start” finance.

The failure to say how much the EU would offer and how it would divide costs among its 27 member states means Europe continues to lack a detailed negotiating position for December’s global climate change conference in Copenhagen.

Environmentalist groups were disappointed. “The EU failed to use this opportunity to put its money where its mouth is,” said Joris den Blanken, Greenpeace’s EU climate policy director. “But all is not lost. Today 27 of the world’s richest nations have backed global funding to tackle climate change in developing countries.”

Read moreEU Proposes €50bn Climate Change Deal Ahead of December’s Global Climate Change Conference in Copenhagen

Sarkozy spent £160m on events and refurbishment during French EU presidency, incl. £250,000 on a personal shower he did not use

WTF!


Audit slams ‘opaque’ accounting as French EU presidency found to have spent £160m on events and refurbishment

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Nicolas Sarkozy at a European Council summit last year. His spending has been blamed on poor management. Photograph: Eric Feferberg/AFP/Getty Images

French financial watchdogs slammed Nicolas Sarkozy for spending £160m during his country’s six-month stint in charge of the EU – including £250,000 on a personal presidential shower that he never used.

The vast expense is set out in a report blaming poor management and a lack of transparency by the president’s staff.

Costs soared because so many of the EU-related events were organised at the last minute, said the report.

On one occasion Sarkozy triggered the cancellation of an entire EU event he was due to host in Evian, because he wanted to sleep in his own bed at the Élysée palace. By then, hundreds of journalists, EU officials and national delegations had either already arrived in Evian or were on their way.

A flood of complaints prompted compensation payments – adding more to the eventual presidential bill.

The total for Sarkozy’s time at the helm of the EU is set out in figures published by the French national audit office.

Every government likes to showcase its country when holding the EU presidency, which at present rotates from country to country every six months. National funds are topped up with EU budget support to organise summits, informal ministerial meetings and EU-related promotional events, conferences and policy programmes. Funding is shared between national and regional authorities and the EU budget.

For one three-day event alone, Sarkozy sanctioned an elaborate upgrade of the Grand Palace in Paris for an EU-Mediterranean summit – one of his pet initiatives to mark his turn at the EU helm.

The event was one of his final EU presidency flourishes last July, and involved hundreds of workmen and millions of pounds.

“The Grand Palace had to be completely refitted for the occasion. Five hundred technicians were mobilised every day, including 300 at night,” said the report. Spending included nearly £1m for one dinner for more than 40 government leaders and heads of state who attended the event.

Nearly £300,000 was spent building a conference podium, nearly £200,000 upgrading the gardens and grounds, and a total bill for the Sarkozy shower of almost £250,000.

The audit report said the cost soared because of the complications of installing a state-of-the-art shower to the president’s specifications in a listed building.

The president never used it – instead going back to the Élysée palace during the three-day summit to freshen up. The shower has since been dismantled.

Other spending on the summit included £90,000 for a carpet.

Read moreSarkozy spent £160m on events and refurbishment during French EU presidency, incl. £250,000 on a personal shower he did not use

Fall Of The Republic – The Presidency Of Barack H. Obama (The Full Movie HQ)

“When the people find they can vote themselves money, that will herald the end of the republic.”
– Benjamin Franklin


Added: 22. October 2009

Fall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency.

President Obama has brazenly violated Article 1 Section 9 of the US Constitution by seating himself at the head of United Nations’ Security Council, thus becoming the first US president to chair the world body.

A scientific dictatorship is in its final stages of completion, and laws protecting basic human rights are being abolished worldwide; an iron curtain of high-tech tyranny is now descending over the planet.

A worldwide regime controlled by an unelected corporate elite is implementing a planetary carbon tax system that will dominate all human activity and establish a system of neo-feudal slavery.

Read moreFall Of The Republic – The Presidency Of Barack H. Obama (The Full Movie HQ)

EU allows Ireland to keep the cost of funding the National Asset Management Agency (Nama) off its budgetary balance sheet

WTF! What is the point of having a balance sheet then?

Related articles:
Ireland says “bad bank” to be off balance sheet (Reuters)
NAMA’s €54bn purchases won’t be counted as national debt (Irish Independent)


Nama to fall outside national debt

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NAMA: EU stats body makes decision

The European Commission is to allow Ireland keep the cost of funding the National Asset Management Agency (Nama) off its budgetary balance sheet, Minister for Finance Brian Lenihan said today.

Mr Lenihan said the Commission had accepted that Nama should be recorded outside the general government sector in the national accounts.

The decision by Eurostat means Nama will not increase the general government debt ratio and Ireland’s budget balance will not be directly affected by Nama.

“The preliminary decision of Eurostat means that the acquisition of the assets from the financial institutions by Nama may be treated as off-balance sheet in the budgetary arithmetic under European national accounting rules,” Mr Lenihan said in a statement.

Read moreEU allows Ireland to keep the cost of funding the National Asset Management Agency (Nama) off its budgetary balance sheet

The New World Order

Barack Obama, Dick Cheney, Hillary Clinton, George W. Bush, Condoleezza Rice among others at the Council on Foreign Relations (CFR).

Real change:
ron-paul
Ron Paul



Added: 1. Oktober 2009

Tony Blair to be named EU President if Irish ratify Lisbon Treaty

Ireland Votes 67% In Favor Of Lisbon Treaty -Final Count (Wall Street Journal)

Fear won! The New World Order won. The people will lose.


– Flashback: What part of Ireland’s ‘no’ does the EU not understand?:

“As soon as the Irish people’s ballots were counted in June, their rejection of Lisbon was treated as the “wrong” answer, as if they had been taking part in a multiple-choice maths exam and had failed to work out that 2+2=4. Now, they will be given a chance to sit the exam again, “until [they] come up with the right answer,” says George Galloway, attacking EU elitism. The notion that the Irish “got it wrong” exposes gobsmacking ignorance about democracy in the upper echelons of the EU. The very fact that a majority of Irish people said no to Lisbon made it the “right answer”, true and sovereign and final. “No” really does mean no.”

“Asking the Irish to vote again on the Lisbon treaty is arrogant, insulting and undemocratic.”

tony-blair
“Such an appointment would restore him to the world stage as well as boost his long-term income.”

Tony Blair – the same criminal that lied the U.K. into an illegal war – as EU president?

A ‘NO’ would also be a blow for the ‘New World Order’.


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Pole position: Tony Blair is set to become EU President within weeks if Ireland votes ‘Yes’ in its referendum on the Lisbon Treaty tomorrow

Tony Blair is set to become EU President within weeks if Ireland votes ‘Yes’ in its referendum on the Lisbon Treaty tomorrow.

The former prime minister’s candidacy for the new post will be rushed through as quickly as possible, according to government sources.

Mr Blair is among the favourites to become the first President of the European Union, a role that is chosen by the EU’s 27 leaders and not by voters.

Such an appointment would restore him to the world stage as well as boost his long-term income.

Read moreTony Blair to be named EU President if Irish ratify Lisbon Treaty

European industrial production plunged most on record, 21.6 % from a year earlier

European industrial production plunged by the most on record in April as the impact of the global recession was at its height. In the Eurozone, production tumbled 21.6 percent from a year earlier, the most since the data series commenced in 1986, Eurostat, the European Union’s statistics office in Luxembourg said today.

In recent weeks, PMI (Purchasing Managers’ Index) data; German industrial orders and the announcement that the global economy has bottomed from the German Kiel Institute and a similar upbeat outlook on the UK economy, from the National Institute of Economic and Social Research, has encouraged hope that a low-level recovery has begun.

In the month of April 2009, seasonally adjusted industrial production fell by 1.9% in the Eurozone (EA16) and by 0.9% in the EU272 . In March production decreased by 1.4% and 1.3% respectively.

In the year to April 2009, industrial production declined by 21.6% in the Eurozone and by 19.4% in the EU27 .

Read moreEuropean industrial production plunged most on record, 21.6 % from a year earlier

EU Governments Approved $5.3 Trillion For Bank Rescue Costs, More Than German GDP

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A pedestrian walks past the Bank of England in London’s financial district, in London, U.K., on Jan. 8, 2009. Photographer: Chris Ratcliffe/Bloomberg News

June 12 (Bloomberg) — European governments have approved $5.3 trillion of aid, more than the annual gross domestic product of Germany, to support banks during the credit crunch, according to a European Union document.

The U.K. pledged 781.2 billion euros ($1.1 trillion) to restore confidence in its lenders, the most of any of the 27 EU members, according to a May 26 document prepared by officials from the European Commission, the European Central Bank and member states and obtained by Bloomberg News. Denmark, where 13 of the country’s 140 banks were bailed out by the central bank or bought by rivals last year, committed 593.9 billion euros.

The measures, designed to save banks and revive economic growth, surpass Germany’s $3.3 trillion economy, the region’s biggest. They also helped to widen the Euro area’s budget deficit to the most in three years in 2008. The commission, the EU’s executive arm, is seeking to create the first EU-wide agencies with rule-making powers to monitor risk in the economy after the crisis led to $460 billion of losses and writedowns across the continent, according to data compiled by Bloomberg.

“The operating environment for banks is likely to remain challenging, in particular in respect of credit losses linked to their loan portfolios,” according to the document, produced by the EU’s Economic and Financial Committee. The draft document, partially entitled “the effectiveness of financial support measures,” will be debated at the next meeting of EU leaders on June 18-19 in Brussels.

Government Pledges

EU governments approved about 311.4 billion euros for capital injections, 2.92 trillion euros for bank liability guarantees, 33 billion euros for relief of impaired assets and 505.6 billion euros for liquidity and bank funding support, a total of 3.77 trillion euros, the document shows.

The U.S. government and the Federal Reserve had spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, as of March 31.

Read moreEU Governments Approved $5.3 Trillion For Bank Rescue Costs, More Than German GDP

Eastern Europe: Latvia Faces Debt crisis

The finance ministry expects GDP to contract 18pc this year. House prices have fallen 50pc , the world’s most spectacular crash.


Latvia has become the first EU country to face a sovereign debt crisis after failing to sell a single bill at a treasury auction worth $100m (£61m), prompting fears of a fresh storm in Eastern Europe as capital flight tests currency pegs.

The central bank has been burning reserves to defend the lat in Europe’s Exchange Rate Mechanism, but markets doubt whether Latvia has the political will to carry through draconian cuts in spending – or whether such a policy even makes sense at this stage.

Tremors hit bank shares in Stockholm and triggered a sharp fall in Sweden’s krona. Swedbank, SEB and other Swedish banks have $75bn of exposure to the Baltic states, and face cliff-edge losses if the pegs snap.

“Latvia may be a small country but it has vast repercussions for the region,” said Bartosz Pawlowski, of BNP Paribas. “If the currency breaks in Latvia, it is likely to break in Estonia and Lithuania as well, and perhaps Bulgaria, with effects on other countries like Romania.”

Fresh turbulence in the ex-Communist bloc would rattle West European banks, which have €1.3 trillion of exposure to the region. “We haven’t yet seen the full extent of the crisis in the East European banking system. Defaults are creeping higher,” he said.

Read moreEastern Europe: Latvia Faces Debt crisis

Swine flu prompts EU warning on travel to US and Mexico


A South Korean disinfection truck sprays disinfectant against a possible swine flu outbreak at a port farm in Chuncheon, South Korea, Monday, April 27, 2009. (AP Photo/Yonhap, Lee Sang-hack)

MADRID (AP) – The top EU health official urged Europeans on Monday to postpone nonessential travel to parts of the United States and Mexico because of the swine flu virus, and Spanish health officials confirmed the first case outside North America.

Russia, Hong Kong and Taiwan said they would quarantine visitors showing symptoms of the virus amid a surging global concern about a possible pandemic.


Europeans urged to avoid Mexico and US as swine flu death toll exceeds 100 (Guardian):

• Spain confirms first European case as pandemic fears grow
• 17 possible cases of swine flu are under watch in the UK


World stock markets fell as investors worried that the deadly outbreak could go global and derail any global economic recovery. Airlines took the brunt of the selling.

The virus was suspected in up to 103 deaths in Mexico, the epicenter of the outbreak with more than 1,600 cases suspected, while 40 cases – none fatal – were confirmed in the United States and six in Canada, the World Health Organization said.

“Today we’ve seen increased number of confirmed cases in several countries,” WHO spokesman Paul Garwood told The Associated Press. “WHO is very concerned about the number of cases that are appearing, and the fact that more and more cases are appearing in different countries.”

Read moreSwine flu prompts EU warning on travel to US and Mexico