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We are just two steps away from a better world:
step 1: Stop the creation of fake money by private banks...
step 2: Replace our fake democracy by true democracy...


The secrets behind money:

If you just sign here, I will give you a balance of $ 1,000 and you will owe me $ 1,000 plus interest.

The banking system in short

Private banks or a bank of the government. A comparaison.

With just a tiny little bit of money bankers can pay each other millions...

Secrets of money, interest and inflation

From state debt to state money

Politicians give billions away to private bankers...

A tale of two monetary systems

Towards a sound economy

Bank crisis? Reform!

Debit, credit, banco!

Banking explained:
the Derivative Scam

The secrets behind the euro:

Out of the euro, and then?

ESM, the new European dictator!

YouTube: The dictatorship of the ESM robs the Treasuries in 3'51''

Keep quiet! We build Europe!"

ESM, a coup d'état in 17 countries!

ESM: How the Goldman Vampire Squid Just Captured Europe

Zeus rapes Europa

NATO rescues euro in Libya

Uncover secrets:

Wake up citizens?

The chicken-parliament

Farewell to growth:


World Energy and Population

Energy crisis:
Turning-point of humanity

The secrets behind the war in Iraq:

Cost, abuse and danger of the dollar

Iraq Memorial

The secrets behind the war in Afghanistan:

Pipelines to 9/11

The secrets behind the accusations against Iran:

Raid on Nuclear Fuel Market

Wipe Israel from the map?

Facts and lies about the climate:

1: The clockwork of the Earth and Sun

2: The activity of the Sun

3: CO2: scare, claims and fraud...


There are alternatives to capitalism...

Protest in Draguignan


Do you want to know who publishes the fool's articles?


Treaty establishing the European Union (EU)

Treaty on the Functioning of the European Union (TFEU)

Amendment article 136 TFEU

First version of the Treaty establishing the European Stability Mechanism (ESM)(not ratified)

Treaty establishing the European Stability Mechanism (ESM)

Treaty on Stability, Coordination and Governance in the economic and monetary union (TSCG)

Vienna Convention on the Law of Treaties 1969

European Action
against ESM

Initiated by Rudo de Ruijter, independent researcher, Olivier van Noortstraat 13, 6991 BG Rheden, Netherlands
The original starting pages for this action are located at
To contact me, please see per item here below.

The content of this page is updated continuously. Press F5 for the latest version!

The Treaty establishing the European Stability Mechanism (ESM) has been signed 2 February 2012 and Brussels wants it to be in force 1 July 2012. However, before that, the Parliaments and Senats of the 17 euro-countries still have to vote  wether they accept this dangerous treaty or not. These procedures for the ratification have already started! We have to act very urgently and efficiently!

Short video 3'51''

English text of the treaty:
(If unavailable, here a copy )

The ESM in very short

The ESM has the appearance of an emergency fund. It is a permanent fund, replacing the EFSF and EFSM established in 2010. With a starting capital of 700 billion euros, it can decide itself to increase this capital indefinitely and claim the payments by the national Treasuries whenever it wants. To give you an idea what 700 billion represents, that is for each country a contribution that comes close to the amount of the income taxes for one year. Long live the budget cuts! Long live austerity! The ESM disposes of this money as it likes, without the least democratic influence, without any control, without having to account to anyone. A real dictatorship!

Its official purpose is to help countries with financial difficulties. In fact, it loads ever more debts on indebted countries. Its loans come with conditions that put the countries under guardianship, replacing democratically chosen leaders by bankers. With imposed budget cuts, the ESM acts as a demolisher, that deliberately causes severe economic crises and massive unemployment. That goes for the countries that contribute financially, as well as the countries that accept to borrow from the ESM. It is the Choc Doctrine as described by Naomi Klein.

Politicians, like the Dutch Rutte and de Jager, like to make believe that it’s the countries own fault if they are indebted. They would employ too many officials, they would have taken bad decisions, they would be lazy-bones or they would have lied about the debts they had. Note that none of these countries had major problems when they entered the eurozone. It would not have been accepted. In fact, the cause of their indebtment is the euro! Read the explanation in the letter here below.

To stop the ESM, all Europeans have an interest that this treaty gets the least possible ratifications.

A collective letter has been sent to the parliamentarians and senators who vote about its ratification.

Dear Deputy / Dear Senator,

Essential information has remained hidden in the large pile of documents about the ESM.

The euro has one unsolvable issue!  You do not have to be an expert to see this.  Within one minute you will understand. Here is the explanation:

With open borders and shared currency, nothing prevents consumers in countries with lower productivity from preferring cheaper and better products from countries with higher productivity. This causes a constant flow of euros from weaker countries to stronger countries.  Consequently these weaker countries are permanently short of euros and are obliged to borrow more  all the time, simply to dispose of euros.

(Before the introduction of the euro, these countries could devaluate their currency. This way imported products became more expensive for their own population and exported products became cheaper for foreign purchasers. This way, domestic productivity increased again and foreign debt decreased.)

Within the euro-zone, there are big differences in productivity, caused by differences in climate, fertility of soils, availability of fresh water, distances to be covered, natural barriers in transportation, availability of energy sources etc. These conditions largely determine success or failure of economic activities. Greece, Italy Spain and Portugal will never resemble Germany.

Moreover, the European Central Bank only disposes of one interest rate for 17 different economies. A change of this rate - which has always been mentioned as  an important tool  to influence the economy -  can only be profitable for a few countries, while the others suffer from the consequences. Monetarily this zone is ungovernable.

The ESM and the associated treaties just treat the symptoms of the imbalances within the euro zone.  No measure can eliminate the differences. Ever since 1970, leading economists have been warning us about this problem. (See attached references.) Although politicians may have beem well-intentioned, introducing a common currency in such a heterogeneous area was a big mistake.

The crisis of 1930 was also caused by politicians who ignored the elementary workings of the economy,  or did not want to see them because they did not fit in their ideas. Clearly, anyone who critically assesses these issues understands that with the giant financial contributions to the ESM and the imposed austerity rules, we run straight into another large-scale crisis.

Because there has been no referendum about the transfer of competences to Brussels, and because no major public debates on this issue have taken place, your personal responsibility in the decision about the ESM is enormous. We are aware of the pressure exerted on you from all sides.

We intend to publish the vote of each Parliamentarian and we will bring it to the attention of the widest possible public, so voters can take this into account at the next election.

Yours sincerely,



And you know something is happening
But you don't know what it is
Do you, Mister Jones?

                                 Bob Dylan

Fortunately, we still have the euro...

Private banks must grow infinitely in order not to fail. That is why we have inflation and live according to the dogna of eternal economical growth.

Restrictions to grow beyond the country's borders would endanger the banks sooner or later. This was well understood by Pierre Werner, banker and prime minister of Luxembourg, who presented the first blue print for the common currency in 1970.

Already at that time, prominent economists had warned that because of the big economic differences this would lead to severe indebtment of the weaker countries. These problems were easy to predict. But debts mean extra income for the bankers. So the euro came and with it the problems.

Many euro-countries have severe financial problems by now. Many people still don't understand that the euro is not the solution, but the cause.

The problem? Because of the big differences between euro-countries the cost prices of products differ too. With the open borders, consumers prefer products from less expensive euro-countries. As a result, their local economy fails. At the same time, the euros leave the country as payment for the import-products. To continue to dispose of euros citizens and government must borrow more and more.. The country is trapped in growing debts...

Consecutively the banks raise the interest for the local government in such a way, it can only obtain further loans from the Troika (International Monetary Funds, European Central Bank, European Commission.)

To supply these loans, the Troika demands Draconic budget cuts. Public officers are fired, services come to a standstill, social achievements are broken down. The people are taught they would be still worse off without the euro. Also, all lucrative possessions of the country must be sold to foreign parties to lower the debt. A man of Goldman Sachs is appointed as governor.

Financiers earn billions of interest with these mountains of debt. To prevent that they risk losses because of impayments, the ESM-bank has been set up. (ESM stands for European Stability Mechanisme) The ESM may grab as much tax money as it wants from the treasuries of the eurocountries to make good the losses of the lenders, freely, without any democratic control and without limit.

The ministers of finance appoint themselves as governors of the ESM. (Signature of the first version of the ESM-treaty, 11 July 2011. By the way, this signature was illegal, because the Convention of Vienna, that sets the rules for treaties, does not mention ministers of finance as legal representatives of countries.)

Apparently because the US was not satisfied with this first version, it disappeared in the trash bin a few days later. A second version came on 2 February 2012, this time it was signed by EU-ambassadors. The treaty, however, is not a EU-treaty, but an international treaty. (The EU has not the right to extend its own competences and the ESM limits the competences of the national parliaments.) The rules of the EU don't apply to the ESM and the ESM doesn't have to justify its actions to anyone. No democratic control on the use of our tax money has been foreseen.

Unbelievable but true, the treaty has been ratified by the parliaments and senats of the 17 euro-countries.

This means that in each country a majority (and in some countries even a 2/3 majority) has voted in favor of the treaty. Curiously, that does not mean that those who voted in favor have read the text. At least, those of whom I have read comments in the press had, apparently, read a few lines, without understanding what the treaty was about. We should rather fear that hardly any representative has read the text, because for them, studying the text would have been a waste of time. Whatever the content, they have to vote the way they are ordered to by the leader of their political party. That is the way things go when coalitions are in power.

What we can conclude is that the lobby of the bankers and the europhiles have succeeded to convince enough leaders of political parties - a few persons in each country - to make a majority of representatives vote in favor of the treaty.

They voted in favor of the bankers, not for the people.

Barroso, president of the European Commission from 2004 to 2014.

It is the European Commission that, according to Barroso, should be the economic government of the Union, which defines the actions that national governments must carry out. (28.09.11)

With compliments to Peter Vlemmix

Rudo de Ruijter
Yannis Varoufakis
Costas Lapavitsas
James K. Galbraith
Gerard Dunénil
Michael Hudson
Ed Dolan
Jacques Nikonoff
Jean-Claude Paye
Eugénio Rosa
Jorge Figueiredo

Special thanks to:

Christine, Corinne, Francisco, Evelyne, Françoise, Gaël, Peter, Ingrid, Ivan, Krister, Jorge, Marie Carmen, Ruurd, Sabine, Lisa, Sarah, Valérie & Anonymous...

Acknowledgements for translations:

Alter Info
Carlo Pappalardo
Come Don Chisciotte
Ermanno di Miceli
Ivan Boyadjhiev
Jorge G-F
Lisa Youlountas
Jose Joaquin
Manuel Valente Lopes
Marcella Barbarino
Marie Carmen
Mary Beaudoin
Michel Ickx
Natalia Lavale
Nicoletta Forcheri
Peter George
Resistir Info
Traducteur sans frontière
Valérie Courteau


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Rudo de Ruijter