Great Latvia Success Story

 

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


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 Senates of the 17 euro-countries still have to vote whether 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: http://www.european-council.europa.eu/media/582311/05-tesm2.en12.pdf
(If unavailable, here is 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!

 

Read more: http://www.courtfool.info/en_EUROPEAN_ACTION_AGAINST_ESM.htm

 

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