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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 Unions 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 IMFs (International Monetary Fund) help. Barack Obama was the president then, so partnership was possible. In future crises, which we cant exclude happening, I as a European dont 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, thats 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
To: Olog-hai
" I as a European dont want to be dependent on the White House.I, as an American, don't want you dependent on US taxpayers. So bugger off.
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
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)
To: chief lee runamok
Oh, they arent 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)
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)
To: Olog-hai
The political picture behind that is that in the last eurozone crisis, we asked for the IMFs (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!)
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)
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
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 countrys 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
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)
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)
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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