Search This Blog

Showing posts with label rescue fund. Show all posts
Showing posts with label rescue fund. Show all posts

Wednesday, 12 October 2011

Hold on, Slovakia

The Slovak parliament yesterday declined to be bullied by the Brussels eurorats into committing a sum equal to a whole year's budget to the initial rescue fund for Greece. There will now be immense bribery, bullying and propaganda to force a reversal of that decision: thus reaffirming the profound hatred of the rats for democracy and national sovereignty.

Every politically-aware European knows that the initial fund [if it is approved] is already insufficient, and much larger contributions are already being computed. It is also recognised that such a fund could only be managed by a eurozone Treasury: removing financial sovereignty from the member states. The Slovaks have only had their own state since 1993, and [despite many frictions] their economic progress has been spectacular. They have every reason to be proud of their economy, yet their standard of living is still far below that of the Greeks: they have every right to decline to be milked to subsidise wastrels and liars.

Eurorats and most members of the European Parliament [who 'go native' very quickly] will deplore the 'inflamatory' language in this blog, if it comes to their attention. But it is important that the strength of feeling is understood: merely trying to suppress it and to deny it exposure in the media will briefly drive it underground - only to emerge in ugly rightist movements.