Saturday, December 10, 2011

EU Isolation: 'Merkozy will punish UK'

By on Dec 9, 2011

MF Global Collapse explained, allegedly

by on Nov 27, 2011

Max Keiser: Crazy Cameron suicidal with knife in Euro gunfight!

By on Dec 9, 2011

The Euro's future has been dealt a severe blow at eleventh hour talks in Brussels, as the UK refused to sign up to new EU treaties, leaving the rest of Europe to figure out a different approach. Marathon overnight talks mean the core Eurozone states will now make any further agreements among themselves, while other European countries can still join in to work out budget rules and changes. Max Keiser, financial analyst and the host of the 'Keiser Report' here on RT, says PM Cameron wants the whole world tolerate London as capital of fraud and sponsor it.

Weekend Chillout - The meeting of the Dons Edition

With the break up of the latest European meeting of the Mafia Dons chaired by Don Mario Draghi, it appears Don Cameron, the Don of The City of London is not happy with the new protection rackets rules and has been shut out in the cold. Just as being shut out didn't work out well for Don Corleone, Don Cameron is going to have a hard time protecting himself and his turf.

In Debt Crisis Deal, Europe Unites Behind Germany

From The New York Times:

BRUSSELS — European leaders, meeting until the early hours of Friday, agreed to sign an intergovernmental treaty that would require them to enforce stricter fiscal and financial discipline in their future budgets. But efforts to get unanimity among the 27 members of the European Union, as desired by Germany, failed as Britain refused to go along.

In a day of historic, seemingly tectonic shifts in the architecture of Europe, all 17 members of the European Union that use the euro agreed to the new treaty, along with six other countries that wish to join the currency union eventually. Three stragglers, the Czech Republic, Hungary and Sweden entered the fold later, after a strong diplomatic push.

Twenty years after the Maastricht Treaty, which was designed not just to integrate Europe but to contain the might of a united Germany, Berlin had effectively united Europe under its control, with Britain all but shut out.

Though not a perfect solution, because it could be seen as institutionalizing a two-speed Europe, the intergovernmental pact could be ratified much more quickly by parliaments than a full treaty amendment. Crucially, the deal was welcomed immediately by the new head of the European Central Bank, Mario on