In Freedom House’s democracy index, Turkey belongs to the group of “not free” countries, performing worse than “partly free” countries including Mali, Nicaragua and Kenya. Just as there cannot be a “not free” member of the EU, there cannot be a member
— Read on www.gatestoneinstitute.org/13404/turkey-eu-marriage
The EU has shocked the auto industry and came out based upon this new round of forecasts that humans will be extinct by 2050. Cars must now become considerably more climate-friendly by 2030. The carbon dioxide emissions of new cars must fall by 37.5% compared to 2021. The negotiators of the EU member states and the European Parliament agreed on this compromise on in Brussels last week. With regard to light commercial vehicles, a CO2 reduction of 31% was agreed upon. For both vehicle classes, however, they also imposed a reduction of 15% must be achieved by 2025 as the first stage. This agreement actually comes as a surprise to many. The requirements are far more drastic than the car industry and the German government originally wanted. Naturally, Germany was not looking for such a reduction and were hoping to cap it at 30%. But all the extinction forecasts led the alarmist to demand 40% so the 37.5% was a compromise that was substantially above the level German expected.
— Read on www.armstrongeconomics.com/world-news/climate/eu-demand-a-37-5-reduction-in-co2-output-from-cars-by-2030/
Wait until the working class and people on fixed incomes get hit in the pocketbook with this new reality. Cars and trucks will cost more. It will cost more to charge your electric vehicles and heat and cool their homes. Prices on everything else will rise in accordance, except wages.
Macron is pushing for the European Finance Minister to raise money by selling EU bonds and then distribute the money to the 19-member Eurozone. France is very heavily indebted and here once again we have simply the goal to raise more money rather than reform. Because of the riots in France, Macron is trying to get the EU to fund France. They want to call this the European Monetary Fund and it would be pitched as stabilizing the Eurozone, but in reality, it is circumventing the austerity principles and budget constraints. Juncker was the European Finance Minister to chair a body of European Finance Ministers from each member state. He would also become the Vice President of the European Union. Juncker is seeking to use the European debt crisis that is brewing as the means to the ends resulting in the final federalization of Europe. If the EU raises the money and hands it out like welfare to the states, then they become addicted and totally dependent upon Brussels and thus eventually all sovereignty is surrendered. This new European Monetary Fund would incorporate the European Stability Mechanism (ESM) which is a Luxembourg-based fund that lends money to states in crisis. They lent money to Cypris, Greece, Ireland, Spain, and Portugal. They were issuing their own debt but were not an EU entity. The ESM capitalization was guaranteed by the euro countries. Therefore, the proposal is really a takeover and it would be a way to funnel money to states such as France.
— Read on www.armstrongeconomics.com/world-news/sovereign-debt-crisis/the-brewing-european-debt-crisis/
In Germany, the SPD is now pushing for a revolution in Europe for all member states to surrender their sovereignty to Brussels. They are arguing to federalize Europe and thereby create an integrated Europe of one government. It was the SPD that really won in the German 1918 Revolution. Under Weimar, the SPD was able to put its ideas of social justice into practice by influencing a number of progressive social changes while both in and out of government. The SPD re-introduced and overhauled the Bismarckian welfare state, providing protection for the disadvantaged, the unemployed, the aged, and the young. The SPD is a full-blown Socialist State advocate following the ideas of Karl Marx. At theaters across Europe, the SPD organized a symbolic proclamation to create a “European Republic” which was announced from the balcony of the Hamburg Thalia Theater, as actors released the new the manifesto written by Ulrike Guérot and Robert Menasse on Saturday. The aim of the project is to sensitize the public to the idea of a pan-European democracy and statehood. The occasion is the 100th anniversary of the end of the First World War and the almost simultaneous proclamation of republics in various European countries. The SPD manifesto calls for a Europe without nations and borders, thus to surrender sovereignty to prevent the resurgence of nationalism. EU Council President Donald Tusk has warned against the emergence of populist and anti-integration forces in Europe and the US. He has thus supported the federalization of Europe pointing out the isolationist tendencies in the USA and in Britain. The former head of the SPD Martin Schultz (19 March 2017 – 13 February 2018) also called for the federalization of Europe. They see no problem with suppressing 70% of the people who are not supporters of SPD.
— Read on www.armstrongeconomics.com/international-news/europes-current-economy/spd-puts-forth-its-manifesto-to-federalize-europe/
The globalists are staying busy
John Barleycorn 