Euro7: Who will stop euro crooks mortgaging the future? Not their buddies and comrades!

Parliamentarians in the UK are discussing a referendum — promised by all three major parties. When the parties came to power, what happened? No referendum. It is still refused. The referendum would ask the public about the desire of some UK citizens to leave the EU or modify its membership. Why do so many Britons want to leave? Corruption of politics by what they see as an opaque, undemocratic cartel of power in Brussels. The parties at home who refuse their pledges also look like they have the same disease — dishonesty.

The euro is just one example. Politicians, meeting in secret, want to mortgage future generations so grandchildren will have to pay off TRILLIONS of debt. These secret meetings in the eurogroup and in the so-called European Council of the euro States want to illegally use the Community framework to deal with amounts of money multiple times the entire EU budget.

Consider. The entire multi-annual budget for the whole EU for seven years from 2013 to 2020 amounts to ONE trillion euros. The secret politicians’ cabal wants to use the EU framework to raise funds on the markets who are betting against them. They want many times the amount of that entire EU budget, two, three maybe more trillions. The comparatively tiny EU budget is not yet decided. Worse it is not subject to proper democratic control. Journalists and the public are refused entry to the deliberations of so-called democratic institutions on that EU budget.

The journalists and the public are even more restricted from Eurogroup meetings. They are given a briefing afterwards, if they are lucky, usually in the middle of the night. The trouble is the chairman of the eurogroup has said several times that he has to lie to journalists, when he is dealing merely with the timing of possible meetings on the euro. If he admits he is dishonest outside the meetings about their calendar, how can journalists and the public know that anything politicians say is going on inside the meetings is not also a lie?

A currency is based on confidence
. Schuman who was faced with many currency problems, not only devaluations of the French Franc but secrets about the Pound Sterling and the Deutschmark and about launching the free gold market. He had to keep secrets, legitimately. He was surrounded by would-be saboteurs. Then he announced publicly to everyone the creation of the European Community.  The Schuman Proposal gave birth to the European currency as a likely product.

He had a horror of lies. He was asked at the end of his career: ‘Do politicians have the right to lie?‘ He said: ‘You must not lie, not even in politics.‘ (Rochefort, p22).

It was part of his success as a Minister of Finance and Prime Minister. However, he added: ‘People say that I am honest. Being honest, for a minister of finance, is not sufficient.

Today Schuman’s Europe has meetings called ‘Councils of Ministers’ with heads of State and Government. Are they European Councils? How can they be with only 17 of 27 Member States present? Are they just ministers holding a Council of Ministers or are they rather more as presidents and prime ministers? They are masquerading as EU official meetings. Is that honest? These are not official meetings of the EU under the Lisbon Treaty or any other treaty.

The so-called European Summits of these government leaders dealing with the euro have also nothing to do with official meetings of the treaties. It is a multinational conference meeting INFORMALLY in the EU offices. The Council of Ministers must have representatives of 27 sovereign States.

The politicians even try to make out it is part of the legal frame by fraudulently using Council letterhead paper. Supranational democracy has five key institutions. Any attempt to create counterfeit institutions is a sure sign both of fraud outside and mischief inside.

You can see why the democrats including a large number of Britons are fed up and some are enraged at the unethical management of mega money in the EU. If any politician thinks that by amassing a few more trillions in the betting game against the markets, he will convince anyone that no fraud is involved, he is gambling with public money in the wrong game at the wrong moment. And without the public’s assent.

It is high time to come clean and put in REAL democratic reform.

Is it possible for government leaders to clean out corruption in government accounts, even throw out member States in the euro for fraudulent practice? The European cabal in the European Council says NO. No Member State can leave the euro, they say!

It is extraordinary that all the clever lawyers in Brussels say that it is impossible for EU delinquent countries to leave the euro zone. They have come up in the past with some pretty contorted interpretations of law to suit their political masters. Leaving the EU is possible but leaving the euro is impossible?? even for mega fraud involving fixing national and European statistics, corruption and thereby secretly indebting the whole Union? This view encourages moral hazard for the future, that is corruption.

Think. The clever lawyer-politicians could use the same ‘exit clause’ to clean up the game. They won’t. If a tennis club has admitted a bunch of crooks who are taking all the resources and hogging the finances, it has two alternatives. One, it can ask the crooked partners to leave. If they refuse then the honest members can all leave and reshape a new Community based on law, moral and ethical principles that have to be observed by all.

The European Council will not do this because there is a political clique that takes mega fraud– that is fraud at the government level with public money — as fundamental to the rules of their club. Example: All governments want to go on a spending spree BEFORE elections — not with party money but with State money, that is, taxpayers’ money. Is this a politicians’ perk or is it plain fraud, corruption and bribery? Companies would be taken to court for this. What sanction have the public against crooks in government who see public money as pocket money to get votes?

Some States have clean book-keeping. The Community must learn that what applies to the honest nation States also applies to a Community of sovereign, democratic States, their governments and their peoples. We are now in clean up time for Europe.

EuroStat, the EU’s statistical organ, long warned about fraudulent practice. Politicians had many such reports before, dating from when Commission President Roy Jenkins warned that Greece had serious problems even before it elbowed ahead of other candidate States to enter the Communities in 1981. It had buddy-buddy power not ethical purity. Millions went missing in the Bank of Crete fiasco. Some crooked ministers went to gaol — after facts were revealed in America! They wre forced to act. And in Brussels? Politician-buddies gave them more money. Is that the way to get reform or to encourage crookedness? Inaction before obvious moral hazard became ingrained in the Council of Ministers with their buddy-buddy and comrade-comrade culture.

The so-called reforms of finances and debt with the six pack still suffer from the main defect: they leave all the levers of abuse in the hands of the perpetrators of excess debt and fraudulent accounts and statistics — the political clique or cartel. Only card-carrying members of the main political parties — the cartel — are power brokers. The reaction is similar to what commercial cartels normally do — ask for more power to regulate themselves, while refusing independent control to the citizens’ groups over the accounts.

At present the EU is not only NOT dealing fully with correcting the abuses of politicians by instituting proper measures of control of finance through elections of organised civil society through the Consultative Committees, it is refusing the most obvious ways to stem massive and continuous mega-fraud on VAT for example. Hundreds of billions are involved in ‘carousel fraud’. It is refusing to stem energy blackmail where oil / gas rises from 9 dollars /barrel in 1999 to 146 dollars in less than a decade. That price hike is typical action of a cartel too, OPEC and friends. The EU needs to develop proper energy INDEPENDENCE.

The life of the Community is at stake. The Warning about the jihadi attempt to DESTROY Western capitalism was made on 9/11 and recorded in 2001 at the European Commission and re-published as http://www.schuman.info/energypol.htm .

The politicians have had a decade to do some REAL reform. They have worsened the problem. They have had thirty years since Greece joined and it and others began to misspend Community money. Instead of insisting on reforms in the 1980s they gave more public money. If Greece is serious about reform it should look at the examples of Slovakia and Latvia. They work.

If the politicians are serious they should start the reforms by empowering independent, non-party organised civil society to act as their supervisors for their moral and ethical conduct, not party buddies in the European Parliament and the Commission where non-party, independent people are now banned.

A party oligarchy controlling all the institutions will expose Europeans to never having a referendum again. They may have no say at all as the reckless politicians fritter away money they do not have in a bottomless blackhole of debt.

Future generations will be the slaves of the debt masters.

3 Responses to Euro7: Who will stop euro crooks mortgaging the future? Not their buddies and comrades! »»


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  1. [...] “Strong public finances are best ensured at the planning stage and gross errors should be identified as early as possible,‘ the Commission’s proposed Regulation tells Member States. What of the EU’s own budget? That is secret. The Budget meetings of the Commission with the Parliament are secret. And of course the meetings with the Council are secret. The ‘gross errors‘ as far as the public are concerned are also SECRET. The European Council is extremely secret. The Eurogroup — an unofficial body — is hyper-secret. [...]

  2. [...] of the Community or the EU and it is the EuroGroup that is now ruling the roost. Its chairman says he has to lie for Europe. So the citizens cannot trust even his information about when it will meet. It makes secret [...]

  3. [...] some of whom have been accused or shown to be guilty of fiddling the books, [...]

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