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Germany's Weber: Creating European Monetary Fund should be a priority
Reuters ^ | November 19, 2018 8:29 AM | Michelle Martin

Posted on 11/19/2018 6:37:47 AM PST by Olog-hai

German conservative Manfred Weber, who is running to take over the European Union’s top job next year, said on Monday that turning the European bailout fund (ESM) into a European Monetary Fund (EMF) should be a priority. […]

“The political picture behind that is that in the last eurozone crisis, we asked for the IMF’s (International Monetary Fund) help. Barack Obama was the president then, so partnership was possible. In future crises, which we can’t exclude happening, I as a European don’t want to be dependent on the White House.” …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; Government
KEYWORDS: angelamerkel; banking; emf; eurobanking; europe; europeanunion; eurozone; eussr; finance; germany; imf; manfredweber; nato; obama; obamalegacy; socialmarketeconomy
By “partnership was possible”, Herr Weber obviously means, “We could bleed the US dry at will”.

It also begs the question as to why the eurozone has crises. It was created to deliberately induce crises, that’s why.

Also, Weber calls himself a “European” instead of a “German”.

1 posted on 11/19/2018 6:37:47 AM PST by Olog-hai
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To: Olog-hai
" I as a European don’t want to be dependent on the White House.”

I, as an American, don't want you dependent on US taxpayers. So bugger off.

2 posted on 11/19/2018 6:41:42 AM PST by chief lee runamok (mongrel at large)
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To: Olog-hai

Maybe the idea of the United States and EU in a shooting war isn’t as absurd as it seemed at first blush.


3 posted on 11/19/2018 6:59:53 AM PST by KyCats
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To: KyCats

The EU seems to like the idea all of a sudden.


4 posted on 11/19/2018 7:03:21 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: chief lee runamok
Oh, they aren’t dependent. Ripping off is more like, and note how Weber thanks Obama for facilitating that.
5 posted on 11/19/2018 7:04:53 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: KyCats

It is absurd

The Euros will never invade America


6 posted on 11/19/2018 7:05:21 AM PST by bert ((KE. N.P. N.C. +12) Invade Honduras. Provide a military government)
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To: Olog-hai
“The political picture behind that is that in the last eurozone crisis, we asked for the IMF’s (International Monetary Fund) help. Barack Obama was the president then, so partnership was possible."

There's the problem, right there. When you see "International Monetary Fund" you should always substitute "US Treasury" for it because that's the reality.

Obama was thrilled to throw the treasury open to prop up leftwing statism. But that gravy train is looking far less open these days.

7 posted on 11/19/2018 7:11:35 AM PST by pepsi_junkie (Often wrong, but never in doubt!)
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To: bert

The “caravan” is a test of the USA’s resolve to repel one from the vulnerable southern border. After all, Kerry declaring the Monroe Doctrine “over” was an open invitation to foreign powers into Central and South America.


8 posted on 11/19/2018 8:24:37 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

By “partnership was possible” what he really means is “Obama gave away $100 billion dollars to bail us out”. That was yet another absolutely awful decision by Obama. Let the Yurps clean up their own GD messes for ONCE.


9 posted on 11/19/2018 9:16:12 AM PST by FLT-bird
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To: Olog-hai
Euroland has more problems rising to the surface as their bank system is flawed. They never consolidated all the debts of the union members and left each country to hang out to dry with its own debt problems while being dictated to from German headquarters (ECB). But since debt there was set to be denominated in euros, a strong euro automatically means a higher debt load. Add in any coming higher interest rates and member countries will have no control of their own balance sheet while looking to get out of the European Union. "...The lastest hat being thrown into the ring is the European Commission is planning to enter their sanctions against Italy. As it stands currently, they have proposed disciplining Italy under EU fiscal rules on November 21st, 2018, unless the country’s government agrees to change its draft budget plan according to EU dictates. This could set in motion a drop in Italian debt which may force the ECB to buy more Italian debt or stand back and watch rates go crazy. This may also be the starting point of sending Italy into an exit position from the EU..." Martin Armstrong
10 posted on 11/19/2018 9:19:21 AM PST by Tilting
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To: Olog-hai
To resolve the issue, US Marines should invade Honduras. The corrupt and incompetent government should be replaced with a military governor who can establish real law and order.

The invasion has lots of historical precedent. Given the hordes attempting to invade California, the Inchon like landing to the enemies rear is justified as a national security matter.

Rather than defensively treat symptoms, the better course is to cut out and kill the cancer

11 posted on 11/19/2018 10:31:22 AM PST by bert ((KE. N.P. N.C. +12) Invade Honduras. Provide a military government)
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To: bert

That’s a good start. The EU, Red China and the rest have to know that the Obama era of non-defense of the USA’s sovereignty came to a screeching halt two years ago and won’t come back in spite of the midterm results.


12 posted on 11/19/2018 2:52:56 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Remember Hillary's allegation that the "right wing" and "populists" had to be kept mollified a little by making noises regarding immigration restrictions? That otherwise they'd get upset? That's the EU attitude toward the jihadists who they've already allowed to swarm into Europe.

13 posted on 11/23/2018 2:30:18 PM PST by SunkenCiv (and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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