France and Germany Veto Increase in EU Rescue Fund

From the article:  “… a well-covered auction of €1.25bn of Portuguese debt…”

Italy: Youth Unemployment Hits Record 28.9 Percent

That said, with fundamentals no longer relevant, the only catalysts the market is concerned about for the next several days will be the plethora of bond auctions with Portugal coming to market tomorrow, followed promptly by Spain. Both are expected to price their issues at or near all time wide levels, which explains why the ECB has been in the market all day today, buying up every piece of paper available in an attempt to stabilize the market ahead of tomorrow.



Germany and France have rejected calls by Brussels for a rapid increase in the size and powers of the EU’s rescue machinery, once again exposing serious differences at the heart of monetary union.


France’s President Sarkozy with German Chancellor Angela Merkel.  Photo: REUTERS

Jose Barroso, head of the European Commission, called on EU leaders to boost the firepower of the EU’s €440bn (£366bn) bail-out fund and beef up its role, allowing it to intervene with pre-emptive bond purchases to help states under threat.

“It is important for the markets to know that Eurozone leaders are committed to do whatever is necessary,” he said, hoping for action as soon as early February.

He also proposed a “new phase of European integration” with far-reaching oversight of the budgets, pensions, labour markets, and trade flows of EU states to prevent a recurrence of the imbalances that led to the EMU debt crisis.

Mr Barroso said the fund boost was a “precautionary” move, not directed at any one country. The gambit is risky since it may be taken by investors as a sign that Brussels fears imminent contagion to Spain, deemed too big for the current fund.

Read moreFrance and Germany Veto Increase in EU Rescue Fund

The GMO War

Fake Foods: Help yourself with GM treats!


Added: 22. Dezember 2010

More information on GMOs:

GM food alters your DNA, changes your brain waves, destroys your immune system, your organs and makes you infertile.

WikiLeaks Cables: US Targets EU Over GM Crops

Australia: Monsanto GM Strain Blows Organic Status Away

US Conspired to Retaliate Against European Nations If They Resisted GMOs: Wikileaks Cable Reveals

USDA GMO Policy

Read moreThe GMO War

WikiLeaks Cables: US Targets EU Over GM Crops

Compare the article from the Guardian to this:

US Conspired to Retaliate Against European Nations If They Resisted GMOs: Wikileaks Cable Reveals

And Europeans better stop resisting eating US junk:

Monsanto Used GM Bacteria to Create Deadly Sweetener Aspartame


US embassy cable recommends drawing up list of countries for ‘retaliation’ over opposition to genetic modification

The US embassy in Paris advised Washington to start a military-style trade war against any European Union country which opposed genetically modified (GM) crops, newly released WikiLeaks cables show.

In response to moves by France to ban a Monsanto GM corn variety in late 2007, the ambassador, Craig Stapleton, a friend and business partner of former US president George Bush, asked Washington to penalise the EU and particularly countries which did not support the use of GM crops.

“Country team Paris recommends that we calibrate a target retaliation list that causes some pain across the EU since this is a collective responsibility, but that also focuses in part on the worst culprits.

“The list should be measured rather than vicious and must be sustainable over the long term, since we should not expect an early victory. Moving to retaliation will make clear that the current path has real costs to EU interests and could help strengthen European pro-biotech voices,” said Stapleton, who with Bush co-owned the St Louis-based Texas Rangers baseball team in the 1990s.

Read moreWikiLeaks Cables: US Targets EU Over GM Crops

European Nations Begin Seizing (Stealing) Private Pensions

“They want your f€€€ing retirement money!” – George Carlin (2005)


Hungary, Poland, Bulgaria, Ireland and France take over citizens’ pension money to make up government budget shortfalls.

People’s retirement savings are a convenient source of revenue for governments that don’t want to reduce spending or make privatizations. As most pension schemes in Europe are organised by the state, European ministers of finance have a facilitated access to the savings accumulated there, and it is only logical that they try to get a hold of this money for their own ends. In recent weeks I have noted five such attempts: Three situations concern private personal savings; two others refer to national funds.

The most striking example is Hungary, where last month the government made the citizens an offer they could not refuse. They could either remit their individual retirement savings to the state, or lose the right to the basic state pension (but still have an obligation to pay contributions for it). In this extortionate way, the government wants to gain control over $14bn of individual retirement savings.

The Bulgarian government has come up with a similar idea. $300m of private early retirement savings was supposed to be transferred to the state pension scheme. The government gave way after trade unions protested and finally only about 20% of the original plans were implemented.

A slightly less drastic situation is developing in Poland. The government wants to transfer of 1/3 of future contributions from individual retirement accounts to the state-run social security system. Since this system does not back its liabilities with stocks or even bonds, the money taken away from the savers will go directly to the state treasury and savers will lose about $2.3bn a year. The Polish government is more generous than the Hungarian one, but only because it wants to seize just 1/3 of the future savings and also allows the citizens to keep the money accumulated so far.

The fourth example is Ireland. In 2001, the National Pension Reserve Fund was brought into existence for the purpose of supporting pensions of the Irish people in the years 2025-2050. The scheme was also supposed to provide for the pensions of some public sector employees (mainly university staff). However, in March 2009, the Irish government earmarked €4bn from this fund for rescuing banks. In November 2010, the remaining savings of €2.5bn was seized to support the bailout of the rest of the country.

The final example is France. In November, the French parliament decided to earmark €33bn from the national reserve pension fund FRR to reduce the short-term pension scheme deficit. In this way, the retirement savings intended for the years 2020-2040 will be used earlier, that is in the years 2011-2024, and the government will spend the saved up resources on other purposes.

Read moreEuropean Nations Begin Seizing (Stealing) Private Pensions

Hundreds of Herbal Medicine Products to be Outlawed Across EU in Early 2011

See also:

Medicinal Herbs Will Disappear in EU, Big Pharma Wins

EU Legislation Puts An End To Herbal Medicine As We Know It



Jiaogulan

Herbs like Jiaogulan have been extensively researched (not only) in China:

– Amazon.com: Jiaogulan: China’s “Immortality Herb”–Unlocking the Secrets of Nature’s Powerful Adaptogen and Antioxidant

– Amazon.de:  Jiaogulan, Chinas Pflanze der Unsterblichkeit

(NaturalNews) The global effort to outlaw herbs, vitamins and supplements is well under way, and in just four months, hundreds of herbal products will be criminalized in the UK and across the EU. It’s all part of an EU directive passed in 2004 which erects “disproportionate” barriers against herbal remedies by requiring them to be “licensed” before they can be sold.

It’s called the Traditional Herbal Medicinal Products Directive (THMPD), Directive 2004/24/EC.

The licensing requirements, however, were intentionally designed to make sure that virtually no herbs could ever meet them. It costs from $125,000 to $180,000 to license a single herb with the EU, and since herbs cannot be patented and don’t have the monopolistic pricing found in pharmaceuticals, there’s simply not enough profit margin in most herbs to justify such huge expenditures from any one company.

But that’s sort of the point. Governments of the world have been conspiring with the pharmaceutical industry for decades to destroy the competition by outlawing nutritional supplements, herbal remedies and many other forms of natural medicine.

They really are coming for your natural medicine

Some people in the USA are still skeptical that this could ever happen in the “land of the free,” yet it’s happening in Europe right now, and the U.S. is probably not far behind. In just four months, health food stores in the UK will be stripped bare of these suddenly “illegal” herbs, and the many millions of people who have come to depend on them as a safe, natural and non-invasive form of medicine will be forced to pursue pharmaceuticals instead of herbs.

And that’s also the point. By driving these products off the shelves, governments know they will simultaneously herd people into doctors’ offices where they will be prescribed medications that benefit the wealthy corporations that keep politicians in office (in every western nation).

Read moreHundreds of Herbal Medicine Products to be Outlawed Across EU in Early 2011

Euro Has 1-In-5 Chance of Lasting Decade – Spain and Italy have to Refinance Over 400 Billion Euros Of Bonds In Spring

The euro is certainly not the ‘foundation of our prosperity’:

See this:

Why is Greenland so rich these days? It said goodbye to the EU!

and this:

Angela Merkel: ‘If this is the sort of club the euro is becoming, perhaps Germany should leave’

and watch Max Keiser.



A demonstrator burns a five euro note during a protest in downtown Madrid against capitalism and the G20 Summit on Financial Markets and the World Economy November 15, 2008. Credit: Reuters/Susana Vera

LONDON (Reuters) – The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday.

The Center for Economics and Business Research said Spain and Italy would have to refinance over 400 billion euros ($530 billion) of bonds in the spring, potentially sparking a fresh crisis within the 16-nation euro area.

“The euro might break up at this point, though European politicians are normally able to respond to a crisis,” said CEBR Chief Executive Douglas McWilliams in a list of 10 forecasts for 2011.

Sovereign debt crises in Greece and Ireland have rocked euro nations this year, leading some commentators to speculate that Germany could eventually lose patience with bailing out its more profligate neighbors, triggering a split in the currency bloc.

Chancellor Angela Merkel has repeatedly stressed Berlin’s commitment to the euro and she said so again in her New Year message to the country on Friday.

“The euro is the foundation of our prosperity,” she said. “Germany needs Europe and our common currency. For our own well-being and in order to overcome great worldwide challenges. We Germans assume our responsibility, even when it is sometimes very hard.”

Read moreEuro Has 1-In-5 Chance of Lasting Decade – Spain and Italy have to Refinance Over 400 Billion Euros Of Bonds In Spring

US Conspired to Retaliate Against European Nations If They Resisted GMOs: Wikileaks Cable Reveals

“Retaliate”? “Calibrate a target retaliation list”?

Retaliate because Europeans don’t want American GMO junk and GMO garbage in general?

Now everybody knows who the REAL TERRORISTS are.  Thank you.

This is the New World Order attacking the people on all levels of life and don’t believe for one moment that the elite puppet governments of Europe will defend its citizens against GMO.

The people in Europe are much more aware about GMOs and their detrimental health effects and the people are the resistance, not the European puppet governments.

Will Al-CIAda strike again?

Al Qaeda Doesn’t Exist or How The US Created Al Qaeda (Documentary)



Terrorist Craig Stapleton, the US ambassador to France

(NaturalNews) Wikileaks continues to rock the political world by shedding light on conspiracies, corruption and cover-ups. The latest batch of diplomatic cables released by Wikileaks reveals what can only be characterized as a U.S.-led conspiracy to force GMOs onto European countries by making those countries pay a steep price if they resist.

The cable reveals the words of Craig Stapleton, the US ambassador to France, who was pushing the commercial interests of the biotech industry by attempting to force GMOs into France. In his own words (below), he expresses his frustration with the idea that France might pass environmental laws that would hamper the expansion of GMOs:

“Europe is moving backwards not forwards on this issue with France playing a leading role, along with Austria, Italy and even the [European] Commission… Moving to retaliation will make clear that the current path has real costs to EU interests and could help strengthen European pro-biotech voice.”

Got that so far? His own words: Retaliation” as a way to “make [it] clear” that resisting GMOs will have a price.

Stapleton goes on to say something rather incredible:

“Country team Paris recommends that we calibrate a target retaliation list that causes some pain across the EU since this is a collective responsibility, but that also focuses in part on the worst culprits. The list should be measured rather than vicious and must be sustainable over the long term, since we should not expect an early victory…”

As you read these words again, remember that these are the words of the U.S. ambassador to France who is suggesting the US “calibrate a target retaliation list” in order to “cause some pain across the EU” that must be “sustainable over the long term.”

The global GMO conspiracy is no longer a theory

Need we say anything more? This cable proves, once and for all, that there is a global GMO conspiracy where government operatives work in secret to push Monsanto’s GMO agenda while punishing opponents of GMOs and adding them to a “target retaliation list.”

This cable also proves that NaturalNews has been right all along about the GMO conspiracy, and that GMO opponents such as Jeffrey Smith are battling what can only be called an evil conspiracy to control the world’s food supply. It also proves that when Alex Jones talks about the global conspiracy to control the world food supply, he’s not just ranting. He’s warning about the reality of the world in which we now live.

As Jeffery Smith said today in a Democracy Now interview:

“We’ve been saying for years that the United States government is joined at the hip with Monsanto and pushing GMOs as part of Monsanto’s agenda on the rest of the world. This lays bare the mechanics of that effort. We have Craig Stapleton, the former ambassador to France, specifically asking the U.S. government to retaliate and cause some harm throughout the European Union.” (http://www.democracynow.org/seo/201…)

Military terms

Do you notice something about these words used by the US ambassador to France? “Calibrate a target retaliation list” sounds eerily familiar, doesn’t it? It’s the kind of language you might find tossed around in a military bombing war exercise.

That’s no coincidence: These government operatives quite literally consider themselves to be at war with the world, and they intend to conquer the world with their genetically modified poisons. They will do anything, it seems, to force-feed their deadly crops to the public.

Read moreUS Conspired to Retaliate Against European Nations If They Resisted GMOs: Wikileaks Cable Reveals

France’s AAA Credit Rating at Risk: Euro Credit

See also:

Rothschild Bank AND Goldman Sachs Are Both On The LIST Of Bondholders Getting US Taxpayer Billions In Irish Bailout

Ireland’s Credit Rating Cut Five Levels By Moody’s With Negative Outlook

Spain’s Credit Rating on Review by Moody’s

Ireland Bailout Fails To Calm Nervy Markets – Prof. Nouriel Roubini Tells Portugal To Seek Bailout, Spain ‘Too Big To Bail Out’


France’s AAA Grade at Risk as Rating Cuts Spread: Euro Credit

Dec. 20 (Bloomberg) — France risks losing its top AAA grade as Europe’s debt crisis prompts a wave of downgrades that threatens to engulf the region’s highest-rated borrowers, with Belgium also facing a possible cut.

Moody’s Investors Service said Dec. 15 it may lower Spain’s rating, citing “substantial funding requirements,” and slashed Ireland’s rating by five levels on Dec. 17. Standard & Poor’s is reviewing its assessments of Ireland, Portugal and Greece. Costs to insure French government debt rose to a record today with the country’s credit default swaps more expensive than lower-rated securities from the Czech Republic and Chile.

“Every sovereign may get penalized in the year ahead,” said Toby Nangle, who helps oversee $46 billion as director of asset allocation at Baring Asset Management in London. “It would be a big deal if France was to have its AAA rating stripped. I don’t think the likelihood of a downgrade is reflected in the market.”

European Union leaders agreed last week to amend the bloc’s treaties to create a permanent debt-crisis mechanism in 2013 in an effort to stem contagion that started more than a year ago in Greece. Government bond yields climbed across the region even after Greece and Ireland were rescued and a backstop facility worth about $1 trillion was created.

“If problems in the euro zone aren’t solved quickly, then the conditions of refinancing will be expensive for these countries and the ratings agencies will do more downgrades,” said Ralf Ahrens, who helps manage about $20 billion as head of fixed income at Frankfurt Trust. “We already see these dynamics in the market. I see France as a risk.”

Read moreFrance’s AAA Credit Rating at Risk: Euro Credit