Eurocracy

All roads continue to lead to Berlin, the powerhouse that runs and dictates Europe’s future. In this case, Berlin is spearheading an effort to keep Italy subjugated before an economic crisis (it’s already capitalizing off of) gets politically out of hand as it did in Greece, which is now a German vassal state. It’s Germany’s goal to create a United States of Europe and economic levers are but one tactic in harmonizing Europe how it sees fit in achieving that end.

 

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ROME/BERLIN (Own report) – Following massive complaints from Germany, Italy’s President Sergio Mattarella blocked a euroskeptic from becoming his country’s finance minister, appointing an IMF man – favored by Berlin – to be prime minister. The democratically elected 5-Star Movement (M5S) and the far-right Lega Nord majority’s opportunity to form a government was thereby denied. Euroskeptic Paolo Savona, a renowned career economist, was rejected because he could not have insured the maintenance of the EU’s common currency. Under his administration, resistance to Berlin’s austerity dictate could have been expected, whereas the newly appointed Prime Minster Carlo Cottarelli passed the test a few years ago as the Rome government’s austerity commissioner (“Mr. Scissors”). Savona’s nomination is the result of Italy’s growing euroskepticism, which, in the meantime, is also shared by other economists. “Germany profits, Italy loses” through the introduction of the euro, concludes Savona’s alternative candidate to the post of finance minister.

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Lega’s Salvini: Euro is wrong currency, we are working on Plan B

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The Leader of Italy’s Eurosceptic, anti-mass migration Lega party has hit out at the Euro single currency once more, insisting that a government he led would ignore EU rules on it. Continue reading

U.S. ‘Plan B’ for the Middle East. The Occupation of One Third of Syria’s Territory

Map from Anadolu Agency, published in Orient Net [18]

 

The television network RT asked me for a comment around the recent visit to Raqqa done by the USAID program chief together with the CENTCOM Commander. [1]

Before addressing the humanitarian situation in Raqqa associated with the reconstruction issue (80 percent of Raqqa dwellings remain “inhabitable”, according to the UN), I will focus on the current U.S. geopolitics in the area, against the backdrop of the U.S. emerging ‘Plan B’ on Syria. So far, the implementation of this new design has signified the virtual occupation of nearly a third of Syria’s territory. A hallmark of the situation consisting in the illegal occupation of Syrian territory by U.S. troops.

The first project of the US on Syria aimed to obtain a regime change. It was pretty much a “default” policy applied by the US in the Middle East at the times of the Obama / Hillary Clinton administration. Partly of its mechanism has been described by Senator Dick Clark (an excerpt of Senator Clark’s declarations is found in the video here below. Click on the image for the excerpt-footage).

The strategy of “regime change”, which can we call “U.S. Plan A on Syria”, failed.

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Russia’s top propagandist says US behaviour could have ‘nuclear’ implications

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Russian television journalist Dmitry Kiselyov posing for a photo after receiving a medal of Friendship during an awarding ceremony in the Kremlin in Moscow AFP

 

Dmitry Kiselyov said there has been a ‘radical change’ in relations between Russia and the US

A Russian news presenter, dubbed the “Kremlin’s chief propagandist”, has warned the United States any “impudent behaviour” towards Moscow could have “nuclear” implications.

Dmitry Kiselyov, who was appointed by Vladimir Putin to head the country’s government-owned news agency, made the warning on Monday night’s edition of his flagship current affairs programme Vesti Nedeli (News of the Week).

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‘Plan B’ Reemerges in Discussion of Russian War Scenario

“I’d like to understand what Plan B is,” Chairman Bob Corker told Blinken. “The mysterious Plan B that has been referred to since February, the Plan B that was supposed to be leveraged to get Russia to quit killing innocent people, that would get Assad to stop killing innocent people. Just explain to us the elements of Plan B.”

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Former Greek Finance Chief Reveals ‘Plan B’ – Parallel Payment System

Former Greek Finance Minister Yanis Varoufakis had developed a covert emergency payment system that would work by hacking into government servers in the event of bank closures forced by the European Central Bank (ECB), local media reported Sunday, citing a recorded conversation they obtained.

ATHENS (Sputnik) – Varoufakis allegedly disclosed the so-called parallel payment system in a July 16 teleconference between hedge fund leaders organized by former British Chancellor of the Exchequer Norman Lamont. Continue reading

‘Plan B’ Needed As Euro One Recession Away From Implosion – David McWilliams

– Euro is one recession away from implosion – David McWilliams
– Mismanagement of euro “both laughable and terrifying”
– “When economic negotiations stop making economic sense, you should begin to question the motives of the EU”
– Germany is out of control
– Successful British exit will be model for other countries
– Euro membership is now conditional
– “Countries that don’t play ball with Germany will see their banking system used against their democratically elected politicians”
– Investors and savers need “PLAN B”

McWilliams, who is among the best economics commentators from the only Anglophone nation in the euro – Ireland, warns that we only have a few months to plan an alternative to the disastrous consequences on peripheral nations of what he sees as German hegemony. Continue reading

Plan B For Iran

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If the nuclear negotiations go bad, the U.S. has a backup: Obama can drop the MOP, the world’s largest non-nuclear bomb.

President Barack Obama’s nuclear diplomacy with Iran may yet fail. On Tuesday, exactly one week before a June 30 deadline for an agreement, Iran’s Supreme Leader delivered his latest in a series of defiant statements, setting conditions for a deal—including immediate relief from sanctions, before Iran has taken steps to limit its nuclear program—that Obama will never accept. Secretary of State John Kerry warned last week that the U.S. is prepared to walk away from the talks. And even if a deal is reached, the story is not over. The Iranians may break or cheat on an agreement, and try build a nuclear weapon anyway.

That’s why, at least three times in the past year, a B-2 stealth bomber has taken off from an Air Force base in Missouri and headed west to the White Sands Missile Range in New Mexico. For these missions, the $2 billion plane was outfitted with one of the world’s largest bombs. It is a cylinder of special high-performance steel, 20 feet long and weighing 15 tons. When dropped from an altitude likely above 20,000 feet, the bomb would have approached supersonic speed before striking a mock target in the desert, smashing through rock and burrowing deep into the ground before its 6,000 pounds of high explosives detonated with devastating force. Continue reading

Euro Slides After Reports Troika Is Preparing Greek Plan B, C, & D Including Parallel Currency

 

Earlier we detailed reports that The IMF was preparing a contingency plan in the event of a Greek default, and furthermore that Andrea Merkel was under increasing pressure to “let Greece go,” and now, as Eurogroup ministers begin to gather for today’s crucial ‘deal-or-no-deal’ meeting, Die Welt reports The Troika has 4 scenarios for Greece  – one positive and three increasingly negative ranging from the need for further bailouts to paying staff in IOUs and issuing a parallel currency.

While Austria’s Hans Jorg Schelling sticks to his statement that:

“There’s nothing to it The Plan B was not discussed..”

It appears, yet again, another European elite was lying (because it was important), as now, as Die Welt reports (via Google Translate), hope is fading fast for a deal… Continue reading

Germany Prepares For “Plan B”, Says Greece Would “Need Not Only A Third Bailout, But Fourth, Fifth Or Even More”

It has been a very disturbing 24 hours for Greece.

It all started during yesterday’s surprisingly short, just one hour long Eurozone finmin meeting in Riga, where Yanis Varoufakis not only got the most “hostile” reception yet being called “a time-waster, gambler, and amateur“, but for the first time one minister openly said that maybe it was time governments prepared for the plan B of a Greek default. This happened after Jeroen Dijsselbloem slammed the door on Varoufakis’ proposal for early cash after partial reforms. Continue reading

After Greece Warns It May Get Funds From Russia Or China, Europe Said To Propose 6 Month Extension

Did Europe just fold?

Moments ago Bloomberg blasted a headline which has to be validated by other members of the European Commission as well as Merkel and the other Germans (and may well be refuted, considering this is Europe), which said that:

  • COMMISSION TO PROPOSE 6 MONTH EXTENSION FOR GREECE – SOURCES.

So did Greece just win the first round of its stand off with Brussels? It remains to be confirmed, but congratulations to Greece if indeed it caused Merkel and the ECB to fold. Continue reading

Athens will turn to Moscow rather than bow to Berlin, says minister

London: Greece’s Defence Minister has warned that his country will seek money from Russia and China to avert a financial crisis rather than yield to austerity demands from Europe, risking a dangerous political rift with the leading European Union powers.

Panos Kammenos, head of the Independent Greeks party in the ruling coalition, said Greece would rather leave the euro if membership means submitting to a “Europe under German domination.” Continue reading

South Stream ‘Plan B’ opts for route through Greece and Turkey

A Russian newspaper has published an article suggesting that the Kremlin-favoured South Stream gas pipeline could drop Bulgaria, Serbia, Hungary, and Slovenia for its route, and instead reach its final destinations, Italy and Austria, through Turkey and Greece.

On Monday (18 August), Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct the construction of the South Stream pipeline.

A caretaker government in Sofia, which took office on 6 August, has frozen the construction of South Stream, following clear indications from Brussels that the EU executive would impose infringements on Bulgaria, unless the country re-negotiates its bilateral agreement with Russia for the construction of the pipeline, which is in breach of EU law.

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U.S. has no ‘plan B’ for Bahrain naval base: officer

WASHINGTON: The US military has failed to prepare a realistic “plan B” if political turmoil forces the closure of a vital naval base in Bahrain, a naval officer argues in a report released Monday.

The Fifth Fleet headquarters in Bahrain is the most US important maritime base in the Middle East but senior officers have become complacent about its future, Commander Richard McDaniel asserts.

“Surprisingly, military leaders have no ‘Plan B’ if strategic access in Bahrain is jeopardized,” McDaniel wrote, in a paper published by the Brookings Institution, a Washington think tank. Continue reading

Iran Says It Can Live Without Oil Money

Although it’s not known what “Plan B” would be, and being that oil revenues make up half of the government funding (as the article points out), a plausible guess would be on the exporting of nuclear energy since that progam is quite large and developed by now. Only time will tell.

Iran says it may stop exporting oil if international sanctions against it are intensified, adding that it has a contingency plan for running the country without oil revenues.

According to Reuters, Iranian Oil Minister Rostam Ghassemi told reporters in Dubai on Tuesday October 23: “If sanctions intensify, we will stop exporting oil.”

“We have prepared a plan to run the country without any oil revenues,” he added. “So far to date, we haven’t had any serious problems, but if the sanctions were to be renewed we would go for ‘Plan B’.” Continue reading