The secrets behind money:
The secrets behind the euro:
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The secrets behind the war in Afghanistan:
The secrets behind the accusations against Iran:
Farewell to growth:
Facts and lies about the climate:
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Acknowledgements for translations:
Come Don Chisciotte
Ermanno di Miceli
Manuel Valente Lopes
Traducteur sans frontière
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Rudo de Ruijter
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 www.courtfool.info
To contact me, please see per item here below.
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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'' http://www.youtube.com/watch?v=rxMOW94V6xQ
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.
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.