Tag Archives: Brussels

Brexit . . . and No World Ending!

Brexit photo

I am an eternal optimist but recently the news has been so negatively contrived as to deprive me of any inspiration whatsoever. However, a ray of light is at last shining through.

Two months have elapsed since Brexit and it would appear that the ‘End of the World’ heralded by the ‘experts’ as ‘Financial Armageddon’ and ‘The Economic Meltdown of Britain’, just hasn’t happened.

Here we are today and very little has changed. By that I mean that the corrupt global financial system is still functioning, after a fashion and the stock markets leaps to new highs that are underpinned by the nirvana of Neoliberalism – unlimited debt – instead of a more solid reality of economic growth through increased production and jobs.

“Have the ‘experts’ got it wrong againis now the cry? These people were as much ‘experts’ as you and I on the subject of the EU and Brexit, because neither have ever been tried before and so where is the learning and experience to make such facile judgements.

These ‘experts’ are people who have studied their specialist subjects and then sold that knowledge to the highest bidder, to support the propaganda of vested interest intent upon pursuing their agenda of a controlled unification of Europe.

This was the tactic used in 2008 to dupe us into being robbed of the money we have invested in providing Society with its essential support infrastructure for healthcare, education, benefits and pensions etc. We were not as aware then as we are now of the manipulative agenda of ‘Austerity’ and debt that has consumed us.

The fact that nothing changed after the bailout, indeed the banks have become more brazen in their abusive money lending and gambling, is now leading to another collapse that not only includes subprime mortgages but subprime car loans, to further feed the disaster.

Unsustainable debt is bringing large corporations to bankruptcy in ever growing numbers and political credibility, or lack of it, is demanding new leaders who care about people and Society in general, rather than profit and greed.

We are certainly seeing this across Europe, with new populist parties growing evermore popular and the likes of Bernie Saunders maintaining a strong voice in America, in spite of no longer being in the running for the Presidency.

What is so blatantly obvious, with Brussels move to try and become a ‘champion’ of social mobility and reduced inequality in its latest moves, is that they are not motivated by a care of the people but simply to try and counter the credibility of increasing numbers of populist movements that they may hold onto power.

Now we have the notorious TPP trade deal possibly ending, as France and Germany voice opposition to its implementation. I would argue that Brexit has made a serious contribution to this radical change of heart from the EU establishment, who previously just ignored the mass protest of the people. THAT IS TRUE DEMOCRACY AT WORK!

Not only that but Hollande and Merkel need desperately to win back favour with their electors if they are to stand any chance of being re-elected next year. (Isn’t it funny how we hear little of ‘clown Junckers’ at present. What a low profile he has adopted!)

If we then add to this the fact that Britain is bouncing back from the over reactions to Brexit, with manufacturing at a 10 month high in August  and UK business in general regaining its confidence after the post Brexit panic the pre-Referendum threats have been laid to waste.

Unlike Greece, who were easily cowered by vested interest, which has now reduced them to almost 21st century serfdom, the UK is the 5th largest economy in the world and in far greater demand by other trading nations. Although we have a way to go, it is obvious now that Brussels has had its wings clipped by Brexit and the arrogance that was inherent in their actions has now all but disappeared.

It is for this reason that I voted for Brexit. Not to break up the EU but to break the power of Brussels and return democracy to European affairs. Whilst France and Germany seek dominance over Europe, they have now scored so many own goals that we shall see how much longer the other members tolerate devastating mistakes such as immigration and negative interest rates.

We are in testing times, where the agenda of the few has taken a severe knock from which it may not recover, given public sentiment towards growing democratic abuses. Brexit could well be the catalyst that ignites a greater desire for freedom from autocratic rule, as it is seen across the world that we continue to maintain confidence in our future. A future we will have so much more control over and one that more nations may want to emulate.

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

UK Trade with the EU – The Reality

I’m struggling to find interesting things to write about at the moment and so this is a rant.

I look at the US Presidential soap opera elections and simply cannot comprehend how an entrepreneur, who wants to run his country and the world as a business and a publicly denounced warmonger are the prime candidates for the most powerful job in the world.

The whole situation is exacerbated by a media that is incapable of reporting the truth, or topics that will generate a useful debate that also might help the electorate to feel included . . . if indeed they want to be.

On this side of the pond things are not much better, as Labour tries to re-establish its fundamentals as a socialist party and is being torn apart by its neoliberal past masters who care little about its future, or the damage they are causing.

Then we have our own media dancing around the important stories of the day, with loaded paranoia at every opportunity about the damage Brexit has done to our future. And these negative efforts are further boosted by government and commerce bringing out all of their dirty washing, in the shape of austerity and job losses, which they gratefully blame on our leaving the EU.

The fact that we haven’t actually left yet is not a point of consideration, nor that world trade is falling off a cliff, not because of Brexit but because of debt and greed. Corporate sales are continuing to fall, as are profits, which mean falling tax revenues for governments.

So, having bailed out the banks, government is now bailing out business with cheap loans, which are not being used to invest in business but to buy back shares and buy out the competition, all of which is a short term stab at keeping up share prices. This has been going on for a long time before Brexit and can only end in tears as corporate bankruptcies accelerate through the sheer implausibility of what they are now doing.

Staying in the EU would not have changed by one iota the financial collapse that is now taking place and which only a 180-degree turn in business and government integrity can halt. By breaking free of the political and financial disaster, which is the present Brussels driven EU, we can forge a new future for Britain by becoming masters of our own destiny.

By changing our focus on our trading position to one of global, rather than European trade, there is no limit to what we cannot achieve with the right leadership. And before anyone says this is rubbish, they might not be aware that this has already been the trend over the last 17 years!

Our trading with the EU has been going down as our trading with the rest of the world has been increasing, which this Office of National Statistics chart shows quite clearly:

Exports of goods from the UK to EU and non-EU countries as a percentage of all UK exported goods

Trade Graph

“In 2015 UK goods exports to non-EU countries were valued at £151 billion, compared with exports to the EU, which was £134 billion.

The drop in demand coincides with a dip in the economic fortunes in the euro area in 2012 and highlights weaker demand growth in the EU markets and much stronger demand growth in the non-EU markets.” Source:  UK Balance of Payments: The Pink Book 2016

Our trading rewards for being a member of the EU have been reducing, whilst we remain one of the highest subscribing members of this inefficient club. I am sure this chart has nothing to do with business to business activity but the interference of Brussels, with its endless flood of regulations and red tape.

If, as this chart indicates, we can trade healthily with the rest of the world, then we certainly don’t need to take any stick from Brussels now. Indeed, other European countries still want to trade with us because we are a profitable trading entity and that is all that counts.

I can see the present trend of seeking new trade agreements becoming the norm, as our European friends increasingly seek to trade with us without the interference of Brussels. It will be the making of a new trading base for European countries, who see the original purpose of the EU as commerce and not the political/currency union that has now been foisted upon them and is crippling them.

All of this is something our media do not want to talk about or create public debate on. It would drive a coach and horses through the neoliberal agenda of US foreign policy and global financial consolidation that is now being attempted.

Statistics like these from ONS are the reality of what is going on in the world today and the sooner we become more aware of them the sooner we can justifiably demand change and give ourselves a sense of value and purpose again. The reality is we are trendsetters, not pariahs, and I have no doubt that time will show this to be the case.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

‘Brexit’ . . . The Third Option

BREXIT photo

As the 24th June recedes into memory there is no doubt the establishment machinery has been working overtime to undermine the voice of the British majority decision to exit the EU, even suggesting many are having a change of heart.

The stock markets were beautifully manipulated to make small fortunes for those who already have large fortunes as they bounced back after the chaos of the vote. The IMF  reckon Britain will outstrip Germany, France and Italy’s growth forecasts and our own Bank of England report our economy has not slowed since the Brexit vote . . . So much for the end of the world!

Whilst the ‘presstitutes’ now focus on the triggering of Article 50, our new government is preparing for the supposed two years of negotiations to enable our extraction from Brussels influence.

The question nobody seems to be asking, in all of this hype and scaremongering, is the very real possibility that those negotiations won’t actually go the distance, because the EU has collapsed.

As time passes the problems for Brussels seem to be escalating, as the technocrats lurch from one regulated disaster to the next. With the benefit of hindsight, we should have read the warning signs of over regulation in the 70’s, with the famous beef and butter ‘mountains’ and wine ‘lakes’.

Then we saw the introduction of the disastrous single currency, designed to bring about financial control over the EU. Time has now shown that it is beyond possibility to try and manage the individual financial environments of many different countries in such a manner.

This one piece of mismanagement has led to building a toxic financial environment that is no longer sustainable without blatant subterfuge. Negative interest rates are not only killing the traditional business of banks but also crucifying pensions investment and the future incomes of hundreds of millions who have paid in with utmost good faith.

Moving from the financial to the political, we now have the political pantomime that has seen France, Germany and Italy declare a summit in Italy next month following the aftermath of the UK exit. We have G20 and G7, is this E3? I can only see it as another very expensive taxpayer funded ‘bun fight’, as I question the credibility that will give substance to these three getting together?

Let’s start with Germany, where Merkel is just about hanging on to power, with her country overrun with refugees she has invited in without reference to the other members and who are frightening off tourists as fast as the immigrants appear.

Her posturing and dictates also give no clue to the fact that her country is about to financially implode. Hers is the first Eurozone country to issue negative interest debt, something the ECB will not (currently) redeem in event of problems.

For over a year now the financial pundits have been saying the country’s largest bank by far, Deutsche Bank, is in serious trouble. Its share price has dropped 48% since last July, motivating finance minister Wolfgang Schauble to declare in February he has “no concerns about Deutsche Bank”, something finance ministers don’t say about ‘healthy’ banks!

The bank has been selling more of its shares and issuing ‘contingent convertible bonds’ to raise desperately needed capital, all of which have gone to further depressing it share price and credibility!

Such is global concern that Deutsche Bank will become the next Lehman Brothers that the IMF, no less, have publicly branded it the riskiest globally significant bank, at a time when its US businesses also failed a Federal Reserve stress test. If/when this bank collapses, the reverberations will make 2008 look like a walk in the park.

Then we have Italy, where the IMF have also declared the country’s banks, who have seen their share price plummet by more than 50% this year alone, pose a particular threat to the economic outlook. “Unless asset quality and profitability problems are addressed in a timely manner, lingering problems of weaker banks can eventually weigh on the rest of the system” came their warning.

Monte Dei Paschi is Italy’s third largest publicly traded bank and its particular distinction is that no bank in Europe has fallen so low so fast without completely crashing. Two years ago their shares were worth between €5 and €9 and today they are worth €0.33. What keeps it on life support is constant taxpayer bailouts, something a Merkel bullied Brussels has now pulled the carpet on.

Here lies the embarrassment for premier Renzi before his summit with France and Germany, rumour has it he is contemplating going head to head with Brussels and enacting a unilateral sovereign rescue of the Italian banking system.

How will he face Merkel, who insisted upon ‘bail ins’ over ‘bail outs’ and has gone on record as saying “We wrote the rules for the credit system, we cannot change them every two years”. If Merkel gives in it will make a mockery of her ‘bail in’ rules before they have been properly used, to say nothing of the political fallout if, once again, there is a raid upon taxpayer’s money to save a bankrupt financial system.

Whether she maintains her position or waivers, neither is an endorsement of her direction of EU policy, or the credibility of Brussels regulations.

What cannot also be overlooked is that Italy is the EU’s third largest economy, with €2.23 trillion of public debt, €400 billion of which is stagnating in Italian banks as bad loans, making them not only ‘too big to fail’ but also ‘too big to save’!

Finally, we have France’s contribution to the ‘toxic trio’ and their pompous little president, who is now traveling around the EU to secure unity in the face of these pending financial disasters, the Greek fiasco and Brexit and being publicly booed for his troubles. (Or perhaps it’s because of the $14,500 of taxpayer money he spends each month on haircuts!  Where is his credibility, when his popularity rating at home is now reported at below 10%?

As Philippe Le Corre noted in the Financial Times, opinion polls show that 61% of French people “hold unfavourable views of the EU”. Two-thirds feel that ”the EU has failed them economically”. By contrast to the UK, it’s the young who have been among the hardest hit, with massively high unemployment. “It is likely that they would vote for “Frexit” in a referendum”, says Le Corre.

This seems to be lost on Martin Schultz, President of the EU Parliament, who stated quite clearly: “It is not the EU philosophy that the crowd can decide its fate”. (So what is the point of the elected members of this parliament, or indeed this parliament?!!!) And this pearl of wisdom comes only weeks after the people of one of the EU’s largest contributors demanded a return of democracy following their Referendum on membership on 23rd June.

The European Commission’s attempts to drive through the trade deal with Canada (CETA) is pouring more petrol on the glowing embers of discontent, as it is now close to collapse after a German political party sued Brussels over its implementation. “it reveals once more the cavernous differences opening up between different member states which have effectively rendered the European project unworkable”, according to one recent report.

The only logic appears to be that this undemocratic move by Brussels creates a precedent for the equally undemocratic TTIP trade deal with the US, which is running in the face of huge public protest.

It will only take the effects of one of these trade deals, or the collapse of a bank, on top of the mounting problems of immigration, to trigger revolt in an already unstable union, which it is not that far off if Brussels pursues its present political stance.

Two years of exit negotiations . . . we shall see.

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

‘Remain’ . . . ‘Leave’ . . . And?

Banking photo

As I survey the aftermath of our historic referendum I feel a huge sadness at the state of a country I love and have now lived in for the proverbial three score years and ten. Never before in my life have I felt I am in a helpless and rudderless ship as I do now.

Our political system is in total disarray, with back stabbing, political connivance and a complete lacking in any vision of the future by all concerned. As I see it the ‘Leave’ campaign made the right decision but for the wrong reasons and the ‘Remain’ campaign made the wrong decision for the right reasons.

After the vote, when I heard that Boris Johnson was working on his manifesto I was appalled but suspect all the other contestants were doing the same thing. That all concerned had taken us into a fight, arguing with lies and very dubious statistics, about something so critical to our future and with not the slightest vision of what that future might be, speaks of only of the agenda of debt and profit driven Neoliberalism.

We are bereft of serious leadership because our politicians no longer have any power to direct our Society. There has been much talk about the ‘1%’ and the ‘corporate masters of political power’ and now we are witnessing the stark reality of this abomination.

We hear of Theresa May making her play for the top power job, without any idea of her thinking as to a direction forward, other than the bog standard and vague rhetoric about “Strong Proven Leadership” “No reneging on Brexit” and “No activating Article 50 until the end of the year”.

OK, that’s the short term but what’s her vision of the future. Surely to God she must have one, or is she just ‘more of the same’ with austerity and democratic erosion, now that Cameron has been kicked out by the financiers for messing up their plans for a more controllable ‘one state Europe’.

If we look at her political style on surveillance, for example, she certainly supports it but in a rather worrying way, with an again vague Internet Spying Powers Bill that has left parliament very confused. To quote from a recent piece in the Spectator:

The new bill makes pitifully little effort to define when heavy surveillance powers may or may not be used. It merely stipulates that they can be used in the investigation of ‘serious crimes’, without attempting to define what that means. The bill specifically allows surveillance to be undertaken in order to safeguard the ‘economic wellbeing’ of the country — a power which could all too easily be interpreted by tax authorities as justifying the use of heavy-handed surveillance of people who pay their cleaner in cash or involve themselves in other trivial forms of tax-dodging.

Labour are in an even worse mess, as Blair’s ‘team disgrace’ are actually given media space to mount their attack on the only honest and decent political leader parliament has seen in years. That twice disgraced cabinet minister Mandelson is still given media space shows just how corrupt the establishment have now become:

“Peter Mandelson: Corbyn’s leadership could turn U.K. into a one-party state”

Wasn’t he part of the team that sought Murdoch’s support in 1997, at a cost of taking Labour so far to the centre that it became indistinguishable from the Tories. If ever there was a ‘one party state’ it was that which emerged under his strategic supervision and something Corbyn is now trying to repair.

Whether it is May or the Blairites, we are suffering the consequences of the takeover of our state by stealth from the Neoliberal forces that have crept up on all of us. The financiers have taken control and their threats are still ringing in our ears from their bullyboy tactics to protect dominant financial agendas during the referendum. They have become even more confident in exerting their will over political power and the democratic process by the strategic application of debt and monetary control.

The unrest in the world is because people sense their loss of power, of which the current Brussels run EU is very much a part. The President, Jean Paul Juncker, has said quite emphatically that “There can be no democratic choice against European Treaties”

It doesn’t get much clearer than that and in the end it leaves me in no uncertain terms I will have little or no say over how my life is run in future. Do the clowns in Brussels honestly believe that they, for the first time in our history as a species, can institute a framework of rules and regulations that meet the needs of 27 different countries and 500 million people without changes or adaptation?

Their arrogance suggests this is the case. I suspect however, that what is closer to the truth is that they are blindly implementing the dictates of their corporate lords and masters. That agenda includes not only political and financial control over Europe but also the introduction of military might that will then mirror the military/industrial complex money making machine that dominates America.

The Euro is a disaster, failing hopelessly to meet the needs of the differing financial requirements of those member states who opted in and is now crippling them one by one. Greece was the first victim of this incompetence and all the warning signs now point to Italy to bring the whole financial edifice to its knees.

‘Remain’ were right in their claims for closer ties with Europe but they cannot be achieved by trying to change Brussels. Renegotiation is not in their vocabulary. ‘Leave’ are wrong to distance themselves from Europe but the only way to change Brussels and its Neoliberal agenda, including TTIP, is to totally discredit the whole political establishment and rebuild a more democratic structure out of the ashes.

We must now re-empower Society by re-empowering political leaders who care about the people and will get their full support in bringing about meaningful change of the sort I outlined in my last piece, which sadly went down like a lead balloon but won’t shut me up!

Indira Ghandi best summed it up: “You can’t shake hands with a clenched fist.”

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

The Brits . . . From Zero to Heroes

Britain photo

Harold Wilson was attributed with the phrase “A week is a long time in politics” and never was this truer than the events of this last weekend, beginning with the official declaration of our vote to leave the EU, on Friday morning.

During that day it would be fair to say that the British people were fairly well castigated by the media and those in Brussels. Even the boss, Juncker, demanded our immediate departure and then went off in a strop when asked if this heralded the end of his empire.

We had created global panic which, viewed objectively, came down to the powerful suddenly losing control, as the British turned the tables and voted against that abusive control for the first time since Magna Carta.

Apparently our actions wiped two trillion dollars off global stocks. A frightening statistic, were it not for the fact that this is all ‘paper’ money, of no intrinsic value and glaring evidence of just how unstable our current, debt choked, financial system actually is. On the positive side, these losses go towards the rebalancing of wealth across the globe.

How our situation changed in just 36 hours, with a complete reversal of attitude by the most powerful man on the Planet, Barak Obama. If you remember, in April he came over here and remonstrated with us by declaring:

We must go “to the back of the queue” and would not be able to strike a trade deal with America “any time soon” if it leaves the European Union.

And now, less than two months later:

“The people of the United Kingdom have spoken, and we respect their decision. The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in NATO remains a vital cornerstone of U.S. foreign, security, and economic policy.” The United Kingdom and the European Union will remain indispensable partners of the United States even as they begin negotiating their ongoing relationship to ensure continued stability, security, and prosperity for Europe, Great Britain and Northern Ireland, and the world.”

Vice President Joe Biden also piped up with: “I must say we had looked for a different outcome. We would have preferred a different outcome … but the United States has a long-standing friendship with the United Kingdom and that very special bond will endure.”

This was then followed by Canadian Prime Minister Justin Trudeau, who echoed the sentiment from President Obama.

He said: “The UK and the EU are important strategic partners for Canada with whom we enjoy deep historical ties and common values.

“We will continue to build relations with both parties as they forge a new relationship.

Next we have Germany who, according to the German newspaper Handelsblatt, reported an internal leaked document that stated the German finance ministry is already planning the terms of a possible associate membership for Britain.

(Of course they are, we are one of their largest export markets! Also, we are one of the major contributors to the EU and they want us to keep contributing as long as possible, as they will have to find an extra €3 billion to replace this when we leave!)

The World Trade Organisation also jumped on the bandwagon, saying it was prepared to help Britain after the vote to leave the bloc.

In general, former British colonies often feel they have a special opportunity for trade and investment with the UK, with which EU commitments sometimes interfered. They now hope to step in to fill the vacuum left by UK departure from the EU.

The oil-rich Gulf Cooperation countries may see additional buying opportunities in the British market after Brexit. BBC Monitoring reports.

The British people have called the bluff of the biggest global Neoliberal player and their European stooges and won. (Even our own armed forces were voting to leave because they had no intention of fighting in wars created by American foreign policy.)

Scary as it is at this moment we remain a world player and very much a part of the global trading club who, it appears, can neither afford, nor do they wish to lose us.

Support is coming thick and fast from other directions, with 6 member states now looking to follow our lead, as France, the Netherlands, Italy, Austria, Finland and Hungary want to hold referendums. And let’s not forget Germany, where electors are already screaming about Markel’s handling of immigration and who will now have to find this extra €3 billion in EU contributions when we go.

These are not peripheral players but lynchpins of the EU and demonstrate the true strength of feeling in Europe now. Speaking personally, all I ever wanted to achieve in voting ‘Leave’ was not to break with our European friends and colleagues but rather to break the power of Brussels and it may now be that this is happening.

Could the situation be turned around?

In my opinion, if Juncker went on global media and said “he was very, very, very, very, very, very (six will do) sorry, and they have got it all wrong. They will immediately cancel all negotiations about TTIP, abolish the European Commission, Central Bank and Court of Justice, along with the euro and transfer ALL executive powers to the European Parliament” and then publicly prostrated himself on the ground in abject humility, then there might be a basis upon which to start again and rebuild the EU . . . but I’m not holding my breath.

All of this, however, pales into insignificance compared with what now faces the British people at home. We have a seriously divided country and the political establishment responsible for that abuse is in total disarray.

Never was the wisdom of Albert Einstein more apposite than now, where “the thinking that created the problem is totally incapable of solving it”. Over the last three months we have seen career politicians of all sides lying, cheating and conducting themselves in such an unprofessional manner as to lose any remaining respect the British people might have had for the political establishment.

Whilst these antics have got a result, it has been achieved without a full and frank discussion with the people but rather sound bites and point scoring on emotive issues. They have been happy to divide us with not a thought or concern as to how they might re-unite us afterwards. Now we find ourselves in a situation where the point scoring and sound bites continue, as a power grab takes place with the main parties.

This is politics you might say but what thoroughly nauseates me is that ALL concerned have no idea where to go from here, even if they get the power, as none of them have even a soupcon of a vision for our future.

Whilst Boris is no fool and I love his eccentricity, so typical of the British and now in short supply in a PC world, I would not trust him further than I could throw the Houses of Parliament and the same goes for his mate Gove.

Jeremy Corbyn is one of the very few political leaders, here and abroad, whom I would trust but he does not inspire me and his lacklustre performance over the Referendum is now paying the price, although God forbid the Blairites come back to power.

(In both cases, we should not allow the undemocratic actions of Blair and Brown to be repeated again. Each party may choose a new leader but they must then satisfy the country of their intentions. Will he or she continue the manifesto of their predecessor, or will they take us off in another direction? We must be made aware through a general election, so that the new leader has the continued support of the country, or we decide to place it elsewhere . . . that is accountability and democracy all wrapped up in one!)

Then there is Nigel Farage, who I saw described “with the smile of a ventriloquist’s dummy” and who speaks to our ‘Britishness’ but who again lacks any vision for the future.

In Scotland we have Nicola Sturgeon promoting all of the divisive tactics of her English counterparts by making a play for Scottish independence. Let me quickly say that she has my absolute respect in triumphing in a man’s world. However, she is also using the moment to further her own power, by taking the Scottish people away from the 5th largest economy in the world and into an EU that is now collapsing around her ears.

The people of Britain have just made the biggest decision of their lives and have been left in limbo whilst career politicians frighten us with desperate grabs for power and no idea of what they will do with that power to take the country forward into the future.

What I see in all of this is ‘17th century’ politicians playing ‘17th century’ politics in the 21st century. The whole question of democracy, financial systems, taxation, the environment and so much more, remains as abusive as is was several hundred years ago and has not only divided this wonderful country but will take us to our own destruction if we do not radically change our present Society and its values.

What is lost in all the fearmongering and cheap rhetoric is that we now have a blank sheet upon which to build a new and inclusive Society. On the 23rd of June we proved conclusively, to ourselves and the world, that we do not want to return to the Neoliberal values and political creeds that dominated us up until 22nd June 2016.

We now have the opportunity to rebuild our wonderful country with meaningful values that revoke all that is divisive and abusive and show the world a new model of what a supportive and fully involved Society is capable of. We are not an outcast in the world and could hopefully be an inspiration to others, as we already appear to be a rallying point for our friends in Europe.

We owe it to ourselves and our young to strike out, as mistresses and masters of our own destiny, to find a more supportive Societal model that can only come from adopting a longer term outlook in the policies and practices we implement.

It won’t be easy and can only begin by looking to our most important responsibility at this time. It is certainly not our exit procedure from Brussels, that is political formality, but to concentrating every fibre of our individual and collective being into healing the current rift that has been inflicted upon us by career politicians, both here and in Brussels. Even more so with the call for a fresh Referendum seeking a different outcome to the last.

We must promise ourselves that ‘divide and conquer to rule’ is something we will no longer tolerate as 21st century citizens and look to birthing a new Society that benefits those who pay for it, over those who exploit it. At home this means our English government bringing people back together again, whilst competing with Edinburgh to create a Society that will entice our Scottish friends back into the fold in an equal sharing union.

Whilst I am sure I have stirred up some controversy, I would ask you to reserve judgement until you have read my follow up piece tomorrow, which will give you the full picture of what I am driving at.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

Is Our Referendum Rigged!

Well the great day is nearly upon us and 36 hours later we will know what decision the British people have arrived at . . . or will we?

Whilst the democratic track record of the EU was good in the early days of the Common Market, some would say, it has since become increasingly questionable. I would venture that 40 years on and it has now deteriorated to a point where it is virtually non-existent!

In 1973 the then Prime Minister, Ted Heath, signed us up to membership of the Common Market on the message that ‘closer ties with Europe could only benefit trade’. The year before, Ireland and Denmark had joined but Norway decided not to. Then, there was no fuss but a simple acceptance of the democratic decision of the people.

During those days, support for the Common Market was good, with good connectivity by voters demonstrated in high turnouts ranging from 65% to 87.6% (The latter was Sweden against the Euro). The exception was Greenland who, having joined in 1973, 6 years later rejected membership and in 1984 the country left the communities.

Since those days, we now know that Heath was ‘economical with the truth’ in what he told us about the simple “trading association” with the other members, in the certain knowledge that much wider control was on the agenda with Brussels.

Voter turnout has declined over the years, substantially with some countries like Italy which in 1979 stood at 86.5% and in 2014 managed just 57.2%. All members, new and old have followed a similar pattern of falling turnouts, with the exception of the UK whose (already low) numbers grew slightly from 32.35% to 35.60% over the same timeframe. (Source UK Political Info)

It was not in Europe but in America that the whole process by which democracy functions in this 21st century has been brought into question. We are talking here the re-election of George W Bush in 2004, by a very narrow margin over his opponent John Kerry.

Whilst at the time Kerry played with a straight bat and conceded the election to Bush, a year later the powerful and non-partisan Government Accountability Office confirmed the then ‘conspiracy theories’ that Bush had no right to be in the White House.

Voter fraud had occurred in a number of areas of the process and included mal-functioning voting machines, individual votes were altered to support another candidate and the falsification of election results by uncertified voting system software. The whole event received no mainstream media coverage whatsoever.

What is particularly worrying for me is that the same team that manipulated Bush into power have since been used by our Tory party and may well be behind the dubious results of last year’s election, where just 24% of the electorate provided a majority government which, on those numbers, is not representative of the people over whom they hold sway.

If we now move into Europe, we have had wholesale abuse of the referendum aspects of the EU treaties by Brussels, initially demonstrated by two ‘no’ votes by Ireland to (2002) Nice and (2009) Lisbon Treaty ratification.

These negative votes threatened their required unanimous membership adoptions and went to second referendums to get the results Brussels was seeking. Whilst not fraud in the true sense of the word, after 30 years, pressure was now being put on member states to comply with Brussels dictates.

If we now move on to 2011 we have the first Greek referendum, which asked the Greek people to accept the terms of the Troika for a haircut of debt. This was in direct opposition to what the Troika wanted and Prime Minister George Papandreou acceded to their request by withdrawing the referendum and subsequently resigned.

Just 4 years later and the newly elected Syriza government flew in the face of Troika demands and actually held a referendum for the people to decide on accepting, or not, the bailout terms requiring more ‘austerity’ measures. The people overwhelmingly chose not to accept the terms and this wholly legitimate act of democracy was simply ignored by the lenders, as well as the European Commission.

That all three members of the Troika were themselves unelected, points to their contempt for this democratic process and their application of even more onerous terms upon the new government and its people as a punishment.

In 2016 an unelected European Commission announced it was ignoring the two thirds Dutch majority vote and would be railroading through visa free travel to 45 million Ukrainians.

Brussels has also recently ignored another respected democratic process, when over a million people signed a petition to halt the odious TTIP trade agreement. With the pending referendum, Brussels has not sought favour with the electorate over this issue, by discussing it or even mooting possible amendments. Rather it has simply gone very quiet, suggesting that once the referendum is over negotiations will be resumed with added vigour and continued contempt for the wishes of the people.

More and more political commentators are voicing the opinion that the EU is teetering on the brink of both financial and political collapse because of incompetence and arrogance. America has much to lose if the EU fails, in both trading terms but more importantly as a strategic base for its growing stance against Russia and China.

I also think it significant that Switzerland has, this week, withdrawn its dormant 1992 EU application as, according to one headline, ‘only a “few lunatics” now want to be involved in the bloc’!

Hannes Germann of the Swiss People’s Party compared the symbolic nature of the vote to Iceland’s decision to drop its own application in 2015. “Iceland had the courage to withdraw their application for membership and no volcano erupted,” he joked. Was this directed at the British people . . . who knows but the timing must be significant, in my opinion.

Given the considerable pressure now being placed upon the British people to vote ‘Remain’ by no less than the US President, the Governor of the Bank of England and the Managing Director of the IMF, none of whom have been elected by us and none of whom are British citizens, it is does not take rocket science to work out that a lot is at stake for their particular vested interests.

Given also the narrowness of the vote between ‘Remain’ and ‘Leave’, just like that of the Bush re-election, let us hope that, in the event of a win for ‘Remain’ we do not hear in a years’ time from our own Electoral Commission that it did not represent the will of the people. Let us also hope that we are not too taken into an illegal war by people we have not elected to power.

We have already given away a lot of our sovereign power to Brussels as an act of trust and I question tonight whether that trust has been honestly repaid over the last four decades.

Whatever the outcome, we will have to take responsibility for our individual actions and therefore can only vote with our conscience, whether it be to ‘Remain’ or ‘Leave’ and I offer you my respect for what we are all facing at this time.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

Rescue Europe from Brussels

We’ve got the American elections on 8th November this year, the French presidential elections in April and May next year, followed by the German federal elections between August and October. The UK elections aren’t until 2020, if there isn’t a revolt beforehand!

Talking of revolt, can you imagine what the reactions would be if the electorate at each of these events were told by their political leaders: “OK you can vote for me and stay here OR you can vote against me and get out.”

The sense of outrage would be overwhelming and rightly so. Why the hell should we have to leave the country because we don’t like the way they are running things? After all it is us who are paying for it . . . including their salaries and considerable expenses. For this commitment from us we are singularly entitled to a say in how things are run and what sort of future we are looking for.

When accountability is ignored we have demonstrable proof of abuse of power, brought about by a whittling down of the democratic process.

We acknowledge this human fallibility with power in some parts of the world. In countries like the US and France, there is a constitutional limitation of just two terms on how long any one president can serve, no matter how popular or unpopular that person may be.  This statute of limitations is a reassurance against the abuse of power.

In the UK, who doesn’t have this limitation, we have seen a ‘natural’ break, where the incumbent just runs out of credibility because of abuse of power – as was the case with Margaret Thatcher (three terms), Tony Blair (2 ½ terms) and Cameron (who knows he won’t make a third term).

With only a very few exceptions, political parties/leaders seem to have an ‘inbuilt lifespan’ over which they can exercise power before the people grow weary of them and demand change. Perhaps it should be legislated for, although abuse of power is now rampant whatever the supposed safeguards.

So, given that brief resume of Democracy, why is it the British people are taking part in an ‘election’, to ratify the power of the officials running the EU, under the guise of a ‘Referendum’?

Referendum: Submission of an issue of public importance to the direct vote of the electorate. (The Free Dictionary by Farlex)

‘Vote’ is the operative word here and signifies support, or not, for those running the establishment, however that is structured. We support a party’s manifesto, in an election, with our vote and that is now what is being asked with this Referendum . . . but does it have the same credibility?!

Consider the facts.

  1. An election ‘Referendum’ has been called because there is unrest, now evidenced across Europe and a vote of confidence is therefore sought by those running things (Brussels).
  2. There are no alternative parties to vote for, so the only option is Brussels.
  3. There is no limitation on the length of service for the body that actually runs it all – The European Commission – so an ‘In’ vote has them running things for eternity.
  4. The members of this council form no part of the democratic process by which this election ’Referendum’ has been called, because they have not been elected by the very people now being asked to give them a vote of confidence. Nor do they have a manifesto which gives them some credibility . . . they are essentially seeking unconditional support.

Is it me or is this ‘Democracy for beginners’?

How can we possibly give a vote of confidence to a body, who won’t tell us what they are up to (TTIP), we had no hand in putting into power and cannot throw out either? That is why we are being forced to vote on a ‘Referendum’ and not in an Election . . . because there are no alternatives to Brussels . . . We have no choice!

Brussels must be having a good laugh, because a lot of people are taking this all very seriously. To be fair, it is incredibly serious in highlighting just how distorted our Democracy has become in the running of the European Union.

Political distortions seem to be Brussels forte, if we look at its track record, which has been one of constant regulation. Indeed, it latest efforts beggar belief when countries like Spain and Italy are about to be fined for not getting their GDP in order. Forget that they are struggling with the distorted financial (ECB) policies of Brussels in the first place.

Greece (the biggest distortion of the lot), is being regulated out of existence through debt that should have kept it from membership in the first place.

Then we have six countries who were recently hauled over the coals for not implementing Brussels induced legislation, that forced ‘bail ins’ of the banks (by their customers) to protect the banks when the next financial collapse occurs.

Here’s the distortion. With regulation also their forte, why has there been a deafening silence from Brussels on responsible regulation of those same banks to minimise a collapse from happening again? Perhaps they are now setting up the patsy’s instruments to pay for it all, because they know it will happen again.

Brussels regimentation of its 28 member countries, by endless biased rules and bureaucratic gobbledegook, seems the best it can come up with to ‘manage’ this European Union but is not working. In over 60 years it has built little that is having a positive effect upon unification.

Quite the reverse. This regimentation has now become so acute that Europe is breaking down because of gross mismanagement and a dwindling democracy, as people become demotivated through lack of involvement – whilst still having to pay for it all.

Europe could be a wondrous place, unified in a common sense of purpose, with a properly functioning democracy. Instead it is a political and corporate playing field, where the only injuries are experienced by the spectators, the 99%. This includes long term youth unemployment and immigration, whilst the rich and powerful play havoc with the essential myriad of values that hold Society in place to enrich their own pockets.

Europe needs rescuing from the clutches of the Neoliberal machinery that is currently Brussels. ‘Remaining’ to sort out the mess won’t work because Brussels (boosted by ‘Remain’) won’t give up its power, aided and abetted by the financiers who exert overall control, as they have done since inauguration.

Breaking that power is the only solution and if Britain doesn’t rescue Europe on 23rd June another country will, as the current model is unsustainable.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

Brussels Bans Referendums!

Those who make peaceful change impossible make violent change inevitable.

— John F. Kennedy

Whilst this is not currently fact, what is now going on in Britain until 23rd June has so frightened Brussels and their financial lords and masters that, empowered by a vote to ‘Remain’, they will seek to make the banning of Referendums a reality.

This is not scaremongering but simply based on the evidence presented to us within this whole manipulative Referendum process. Stick with me for a minute and I will quickly make a case I think you will find it hard to refute.

All of the arguments and threats put so far, for remaining, have revolved around financial and business considerations and the damage ‘Exit’ could inflict upon trade.

Let’s be honest, have you seen or heard from your MEP, OR ANY MEP, (as our elected representatives), about the merits and demerits of the EU and their case for voting either way. No, neither have I and I am on between 2 and 300 newsletters!

If you accept for a moment that business and trade are the single most important issues surrounding this Referendum, as far as Brussels in concerned, then it is a forgone conclusion that if we vote to ‘Remain’, TTIP will immediately be implemented to support those interests.

We know from the recent leaks that within this odious trade agreement is the ability for corporations to sue governments if any of their legislation affects profits.

Ipso facto, if a Referendum is seen as being threatening to business interests, as we are told this one is, then Brussels will have no alternative, under the terms of the trade agreement, than to ban them. QED! (Don’t forget Greece where, because it was such a small player, the Troika simply ignored their Referendum on ‘Austerity’!)

Yes, it will be bound up in all sorts of political and diplomatic jargon like, “Greater unification of Europe cannot be achieved with issues that only reflect national interests against the general consensus of unity”. The bottom line however, will be to rid the system of any risk to the achievement of the current, corporate dominated, Neoliberal agenda to govern Europe.

What makes me even more certain of this course of action is how quiet Brussels has become over the TTIP leaks. No words of comfort, such as “In the light of public concern we will return to these negotiations at a later date”.

Everything has gone VERY quiet. In fact, Brussels seems to have shut down as we approach the 23rd June, with only good news about the cutting of phone tariffs (and God knows how much that will cost us in tax subsidies to the phone companies).

Talking of quiet, let’s go back to our MEP’s – the silence here is deafening! As I see it and correct me if I am alone here but this Referendum is about voting, one way or the other. We had a similar process earlier this year, with our local elections and you couldn’t move for elected and potential candidates vying for our vote.

According to The Telegraph each MEP costs three times as much as our Westminster MP’s, at a staggering price tag of £1.79 million . . . EACH YEAR! We pay for them to represent us and yet when it comes to getting something back for our money they are nowhere to be seen.

As our elected representatives, they are the (expensive) conduit between the people and the lawmakers in Brussels. Here again they remain silent, because they have no effective power to institute legislation, amend legislation or take legislation off the books. Forgive me but isn’t legislation the nuts and bolts of democracy and the effective management tool of the needs of Society?

As an integral part of the democratic process they are not only horrendously expensive but also totally ineffective. I would go further and call it a democratic ‘crime’, as various polls tell us between 12% and 13% of people are undecided because the lack sufficient information (that’s approximately 5 ½ million people), a shocking indictment of disservice by our MEP’s in their commitment to liaise, advise and inform.

Their silence, one can only assume, is because the ‘fix’ is in and they have been told to leave the arguments up to the big boys, like the IMF, Bank of England and US President, none of whom have been elected by any of us!

The best we can expect from our elected officials is a dubious leaflet from our even more dubious Prime Minister, (costing taxpayers £9 million) and 73 UK MEP’s, costing us a total of £130.67 million, who have been told to keep their mouths shut.

What the hell Boris and Gove are doing in the argument is beyond me. One is a ‘chancer’ and the other is a failed ‘reformer’. As far as Jeremy Corbyn is concerned, whilst being the most honest out of all of them in Westminster, his lack of enthusiasm for ‘Remain’ and a belief he can negotiate with Brussels does not inspire me.

Brussels are a sniff away from absolute power over Europe and once they have it dynamite won’t shift them.

If anything makes my blood boil it is this flagrant waste of our hard earned tax money on their pursuit of a Neoliberal Europe, where all that awaits us is debt, unemployment and little or no public services to support Society.

Instead the money we previously paid for those services will go into the corporate coffers of privatised services, as well as coming in handy to fund escalating sovereign debt, which lines the pockets of already obscenely wealthy bankers and which has cost them nothing to implement.

We are being taken for a ride of monumental proportions my friends and I weep at the abuse of the trust we have placed in a wholly corrupt system that is Brussels.

Our entitlement to fight for our rights is absolute, because we pay for it all in the first place and because we deserve so much better than our intended return to feudalism.

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

2008 & 23/6/16 . . . Evil Manipulation

EU photo

“You can fool all the people some of the time,

and some of the people all the time,

but you cannot fool all the people all the time.”

                                                                                      Abraham Lincoln

 

In my last piece I opened by referring to the increasing intensity of the ‘In/Out’ debate. 24 hours later the reality of what is going on hit me like a sledgehammer!

We are being ‘Divided that we may be Conquered’, as we have been for thousands of years!

We are being manipulated into fighting amongst ourselves over our membership of the EU, when in fact this is not the real issue.

The real issue now causing growing unrest with people is the authoritarian management of Europe by Brussels and its constant thwarting of the democratic process.

The whole question of Brussels constant mismanagement of Europe is not on the table. The financiers will not allow it; in the same way they did not allow discussion about the mismanagement of the banks 8 years ago.

In 2008 we were manipulated into handing over taxpayer money with the identical threats now being poured on us by the same institutions that robbed us then.

That scaremongering was about saving corrupt institutions who were ‘Too Big to Fail’ and was neither specific nor detailed in what would happen if we did not support them, (other than a complete collapse of the banking system, whatever that means).

There was no discussion about resolving the banks corrupt behaviour by reinstating the Glass Steagall Act, introduced in 1933 to separate traditional banking from investment banking (the very banking abuses that caused the Great Depression in 1929 is being repeated now because Clinton repealed the act in 1993).

Today we have a banking system that, once again, doesn’t actually carry out much traditional banking practice. It doesn’t lend to small businesses to help them grow and create jobs, neither does it take our savings and lend them out to earn us interest on the money we deposit with them.

Instead, because of our unwitting support back in 2008, it operates a ‘negative interest rate’ policy which will wreck our savings and pension provision, whilst printing money out of thin air, which it refuses to put into Society to create spending and new jobs. It also now seeks to abolish cash, to enable absolute control in manipulating our finances.

Because of low interest rates, banks have been allowed other ways to make profits, by expanding the disastrous gambling derivatives trading – which caused the last collapse – using our savings and other money held with them to place their bets. The size of this market is truly mind boggling and illustrates why they desperately need regulating.

The ‘bankers bank’, the Bank of International Settlements, attributes the size of derivatives trading at some $710 Trillion in 2014. However, their figures are somewhat ambiguous – they do have a vested interest according to other financial experts – who attribute the actual figure to be nearer $1,200 Trillion Dollars … 20 Times Larger than the Global Economy!

The extent of such recklessness is evidenced by Goldman Sachs alone, whose total exposure to derivatives contracts is more than 460 times greater than their total assets!

When this market finally collapses (and it will because it is gambling), the effects upon all of us will make the 2008 collapse look like a walk in the park and something that could take generations to recover from. (A proposed new EU moratorium – recently reported by the FT – would also stop depositors getting to their money if a bank was collapsing.)

I make no apology for repeating myself.

They have been able to continue abuses of such magnitude because we (unwittingly) supported them by giving in to their threats with the Bail Out. That same threatening behaviour is now being used to demand our support with Britain’s continued membership of the EU.

If we give in to the banks this time we will be abused again by what I would call ‘democratic leverage’. If we agree to ‘Remain’, by default we are endorsing Brussels and their Neoliberal agenda, in the same way our bail out of the banks was seen as our endorsement of the banking system.

Brussels will run amok, as the banks have done and the starting point will be the implementation of TTIP to secure corporate dominance over any type of people driven democracy. Don’t forget that this trade deal is irreversible once implemented.

By our agreeing to remain in the EU we will give Brussels the power it needs to press ahead unhindered with its agenda of neoliberal policies that also includes ‘Austerity’ and ‘Privatisation’.

Whenever I am asked to support someone, or something, be it a group or idea/philosophy, I listen to what is being said and allow for the bias of the presenter. But of far greater importance, I always look at past performance (when available), for some sort of track record.

Past performance never lies, nor can it be fudged. It is cast iron evidence of a mind-set and level of integrity/achievement. Who would you back in a business venture – Richard Branson, or Bernie Madoff the king of Ponzi schemes?

As far as Brussels running of the EU is concerned Greece illustrates perfectly both their incompetence and brutality. In their determination to build a powerful bloc of European countries, as quickly as possible, they took in Greece by the same criteria with which they took in France, Germany and the UK . . . bums on seats!

When the reality finally surfaced, of just how bad a decision they had made, their reaction was frightening in its ferocity. The cover up by the banks of the extent of Greek debt on joining was ignored by those same banks and their political stooges. Instead the country and its people were made out to be inherently crooked, as the banks sought more plunder and the technocrats sought to cover up their blunder.

They did this by ignoring Greece’s democratic referendum and inserting unelected technocrats to run the country over the newly elected government. These ‘unelected’ rulers then applied increasingly more crippling ‘Austerity’ measures, so that an already heavily indebted country would qualify for more loans to pay the interest on existing odious debt (that should have precluded their original membership anyway!).

None of these loans have been allowed to be used to create jobs and rebuild the economy but exclusively used to pay interest.

Aided and abetted by the European Commission and European Central Bank the Greek people will be living in penury for decades. Their sovereign assets will continue to be stripped from them and there is little sign of any change or improvement in sight for this generation, or the next.

For me, 2008 and the tragedy that is Greece today, offers a huge and truthful insight into the mind-set of the powerful people behind how Europe is being run. These are not lies, or carefully crafted propaganda but true and real experiences, along with the pursuit of Fracking and TTIP, which we are now demanded being asked to vote ‘Remain’ and in so doing, support.

With the best will in the world my friends, I will not be manipulated by the diversion of an ‘In/Out’ vote.

It has been specifically designed to provide the means with which to pressure us into handing our future over to a set of Neoliberal values that are already proven to be destroying Society, along with this beautiful Planet. ENOUGH!

WHY? . . . Because the people of Europe deserve and can achieve so much better.

WHY? . . . Because they have already invested a lot of trust and hard earned money in this project.

BRUSSELS NO LONGER HAS OUR CONFIDENCE AND REQUIRES REBUILDING, WITH NEW LEADERSHIP.

. . . THAT’S DEMOCRACY!

 

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

‘Brexit’ . . . The World is Watching

“Power, once acquired, is rarely returned – either to God (if you are the pope) or to the people (if you are the EU)” – Giles Fraser

As the arguments for ‘Stay’ and ‘Leave’ intensify what neither side can argue is that calling for a Referendum is evidence enough that there are serious problems with how the EU is being run

. . . If all was well there would be no Referendum QED.

What is lost in the intensity of debate is that the problems created by Brussels are no different to the problems being experienced by hundreds of millions of people around the world today. The cry for a return to democracy grows ever louder, with nationalism and localism the dominant theme of this global upheaval.

Across the Eurozone many focussed movements are demanding regional independence, from Scotland to Catalonia and even beautiful Venice. We also now have a strong resistance to governance by Brussels, which started out in Greece and Spain but has ventured into France, Germany, Italy, Holland, the Netherlands and others, signified by changes of national government in many cases.

(In Germanys case Merkel promised her people Greece would repay all of the money greedy German banks had lent it and when this backfired tried to divert attention by setting off an economic invasion of Europe by cosying up to the Muslims, which has resulted in her support crashing below 40%, and stimulating demands for a UK style Referendum.)

Even Iceland, the only country to jail its corrupt bankers, is experiencing similar upheaval, as people demand more accountability from their elected officials from a new ‘people configured’ constitution.

Moving outside Europe we see similar unrest in the birthplace of Neoliberalism, America, where both Donald Trump and Bernie Sanders have rocked the political establishment with their determination for ‘change’ away from an eroding democracy and the decimation of the middle classes.

Instability is also rising in Saudi Arabia, which follows on from the ‘Arab Spring’ in 2010 and continues today, referred to by some as the ‘Arab Winter’, which could contribute to political restructuring by the Autumn.

Travelling even further afield we find what has been described as the ‘Southeast Asian Donald Trump’, in the newly elected choice of the people, President Rodrigo Duterte. His track record is impressive as one of the longest serving mayors in the Philippines, demonstrating his popularity with the people.

What global media are keen to avoid reporting is that people want change from dominating Neoliberal values which are enriching the already rich and corporations, whilst dismantling democracy and thereby increasing the power of the few.

From America to Australia and back the destabilisation of ordinary people’s lives is wreaking havoc. Breadwinners are no longer guaranteed stable employment with which to put an ever increasingly costly roof over their family’s heads.

In a recent piece Paul Embury makes one of many very valid points: the most fundamental workers’ right of all – the right to work – has been denied to millions as a direct result of austerity-induced mass unemployment.”

Children’s education is being abused and distorted by the agendas of politicians and corporations seeking to ‘train’ rather than educate. And once their ‘education’ is finished the youth are incapable of building their own lives because of lack of jobs and bowed down with debt.

This debt too is not just restricted to the young but is now endemic within our lives, as the Rothschild’s/Rockefeller global banking cartel creates an ever more corrupt financial system that is seeking to enslave rather than provide a supportive service.

Unstable employment and overpowering debt create insecurity and if there is one thing we do not like as a species, it’s insecurity. In my lifetime we have gone from ‘womb to tomb’ security, with steady employment, stable prices and support in ill-health and retirement, to constantly reducing living wages (for the majority) and an equally reducing quality of life through the destruction/privatisation of established Social services.

Neither is there any sign of remission from this trek to the bottom, as shed loads of money is printed out of thin air and passed to the already rich to further expand their wealth.

I believe the turning point for Europe came with the failure of the single currency and the Troika’s barbaric crushing of our established democracy in its birthplace, Greece. The warmth of European amalgamation was shattered by this public display of power, showing in no uncertain terms who actually runs the EU.

Even one year on, fresh loans are being negotiated, not to restore people’s lives and build a future for the country but expressly to meet the interest repayments on the mountains of odious debt that have been inflicted upon the country by dubious moneylending practices.

This and the many other publicly acclaimed disasters, resulting from the ECB’s policies of ‘Austerity’ and Negative Interest Rates, together with Brussels even more disastrous handling of the immigration problem have also highlighted how, no matter how big the brain dead idea is, elected and unelected officials who run the EU are incapable of admitting to their mistakes. They consider themselves infallible and in this certainty have constructed a regime from which they can never be ousted.

For years’ government after government has been talking about ‘reform from the inside’ but time has shown that Brussels is unreformable because it has been designed to defy any such moves. There is no mechanism by which reform can be initiated or carried out. The EU parliament is incapable of initiating or repealing the legislation that is generated by unelected officials.

We are electing MEP’s who have no power. They are neutered and so are we, the people. You really couldn’t make this sort of stuff up! Fortunately, we are becoming aware of this now and this is why the unrest is no longer the stuff of conspiracy theory.

There is no doubt there is also a growing hostility to Brussels plans for further expansion of the EU after Netherlands rejection of Ukraine. This hostility was further exacerbated when Brussels declared it would ignore the Netherlands vote and allow Ukraine in anyway.

Such arrogance does not inspire and only foments increasing animosity against this bureaucratic dictatorship. Given this and so many other examples of Brussels defiance of the people, we can be certain of one thing. If the UK votes to remain on 23rd June, this renewed confidence in how Brussels is running things will ensure the democracy breaking TTIP trade agreement will become a certainty, hammering another brutal nail in the coffin of our already dwindling liberties.

We are not alone in our frustrations and anger. Our deliberations upon our future are being watched intensely by a world seeking some sort of acknowledgement and leadership out of the current global abuses of Neoliberalism.

Breaking up Brussels, so that we may reform the EU into the sort of democratic union we all want, would be the first meaningful step in this global and just rebellion.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes