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September 7th, 2011 
FAKE NEWS for the Zionist agenda 
Anthony Faiola,
Washington Post
Sept 7, 2011
LONDON – A highly anticipated ruling by Germany’s Constitutional Court on Wednesday both helped and hurt Chancellor Angela Merkel’s battle to shore up the euro. The powerful panel of judges declared that bailouts to troubled nations were legal but also ordered that future rescues involving Germany must first be approved by a parliamentary panel.
Analysts and markets appeared to breathe an immediate sigh of relief. The German DAX was up 3.5 percent in afternoon trading there; London’s FTSE index rose 2.3 percent, and France’s CAC was up 2.6 percent.
In the United States, stocks opened on the upswing: The Dow Jones Industrial Average rose 1.3 percent; Standard Poors was up 1.5 percent; and the tech-heavy Nasdaq was up 1.7 percent.
In the worst-case scenario, the ruling could have upended attempts to stem Europe’s debt crisis through multibillion-dollar bailouts. The largest economy in the 17-nation euro zone, Germany has become increasingly hesitant about its role in the bailouts as angry taxpayers have been forced to bear the highest burden of the rescues.
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2 Responses to “German court rules that euro bailouts are legal but places restrictions on approval of rescue plans”
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angela merkel is a schicklgruber…
(draw the mustache on any pic of her and then…)
Clearly, the EU has borrowed a page from the Federal Reserve’s book: put the taxpayers on the hook for the fallout from their bad decisions. That is outrageous.
Where is it written that INDIVIDUALS who never signed an agreement or contract with the private banks involved, are supposed to bail them out, when they become overextended, and get caught with their pants down? None of this would happen in the first place if we, along with Europe, insisted on honest, as opposed to fractional reserve banking, and fiat currencies.
Only the discipline of a gold standard, and a 100% redeemable currency can prevent this sort of thing from happening – namely, recurring crises, which as David Ricardo established nearly two centuries ago, result not from free markets, but from central banks and fiat money. The mega-rich love to have their private monopolies in the form of central banks, and will resort to any deception to convince the public that THEIR central banks are somehow a branch of government. They are not, and all such “systems” are based on fraud and deception. It is legalized counterfeiting, and that is all anyone needs to know and understand fractional reserve banking. It is a halfway house, on the road to a full-blown, unbacked, and intrinsically worthless fiat currency.
So – you have been warned. This game has been played many times before, in other parts of the world, and the results are always the same. The destruction of the middle class, while speculators, insiders, and slick financiers get wealth transferred FROM the middle class TO them.
That is why they favor central banks. They don’t give a damn about the social chaos they invariably create, once they have entered the stage of terminal decline, as any Ponzi scheme will. You can’t solve a debt problem by creating more debt, and that is all a central bank is – a mechanism by which “money” – or rather CURRENCY – is created from debt. R.U.