Archive for eu

Stupid thing

Posted in Culture, current events, Democracy, News, politics, Society with tags , , on 15/10/2012 by Living out of Eden

I’ll try to keep my language under proper manners.

What does this prize mean?

No, I’m not asking myself “why” it has been awarded to the European Union, but “HOW”!!!

What kind of illumination has descended on the famous Academy’s brains?

What will be next, then? The Moon? The Internet? The WHO (meaning the World Health Organization, but it could well also be the rock band)? The NATO?

Or even SEX? If I follow the structure of the explanation for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe, I would rather consider that sex has achieved the goal of providing tens of thousands of years of peace, and pleasure to mankind.

I want to separate the EU from the Euro. The Euro is under attack, which from my point of view (and I may be somewhat ignorant at this point) is utterly irrelevant, since most currencies are in similar situation.  But the EU has shown to be a huge elephant, the biggest bureaucracy man has ever invented.

The EU has not been able to stop (let alone “prevent”), the current crisis, moving with the flow of the global capital markets, and their carefully planned strategy of market of debt.

“The Nobel awards an EU that has been ruling for the banks, for the financial power, at the expense of drowning people, more and more each time: In Spain, the poverty index already reaches the 26,4% – the highest of all the EU -, while the Top Ten richest in the Spanish Stock Exchange, increased their wealth by an 8% in 2011.” (Original full article in Spanish).

Today, a man has set a new record of free fall, and both altitude and speed. I find this much more sensible as a new leap for humanity, than the emptiness of a Nobel Prize sent to the WC.

Stay tuned. We’ll know shortly…

Posted in Crisis, current events, Democracy, Economy, Financial crisis, News, politics, Power, Society with tags , , , , , , , , , on 08/06/2012 by Living out of Eden

” …

Outside Germany, a consensus has developed on what Mrs Merkel must do to preserve the single currency. It includes shifting from austerity to a far greater focus on economic growth; complementing the single currency with a banking union (with euro-wide deposit insurance, bank oversight and joint means for the recapitalisation or resolution of failing banks); and embracing a limited form of debt mutualisation to create a joint safe asset and allow peripheral economies the room gradually to reduce their debt burdens. This is the refrain from Washington, Beijing, London and indeed most of the capitals of the euro zone. Why hasn’t the continent’s canniest politician sprung into action?

… “

Admittedly, I’m in a dilemma:

I certainly feel in close agreement to the statements of the article, but, coming from The Economist, I distrust.

What then? Who should one believe in?

Actually, in no one.

At this point, I don’t need The Economist to tell me what to think. The only advantage I can see in these ideas being published in the famous weekly magazine is the fact that maybe (just maybe) some more people will stop thinking this crisis will be solved with austerity and budget control.

The other thing that is undeniably true is that Mrs. Merkel has “that” power today.

Will anyone do something about it?


Crisis in Europe. Spain. (via Corporate Europe Observatory)

Posted in Crisis, current events, Democracy, Economy, Financial crisis, Government, Society with tags , , on 31/03/2012 by Living out of Eden

“During the period from 2000-2007, the Spanish economy was booming. Alongside the “Irish Tiger”, the Spanish economy grew rapidly; it was admired for its liberalisation processes, its new openness to international markets, and for its new emerging global players such as Telefónica, Ferrovial and Banco Santander. US President Barack Obama’s Transport Secretary visited Spain to see the impressive new high speed train lines. In 2007 unemployment was at its lowest since the transition to democracy, even after the country had absorbed more than 4 million economic immigrants in the preceding decade. The housing market was highly dynamic and prices surged. After having surpassed Italy in GDP per capita terms in 2007, the then prime minister J.L Rodriguez Zapatero felt so confident that he announced Spain would soon surpass France as well.

However, the social picture was less favourable. Real wages had increased very little since Spain joined the EU, while the share of wages in GDP had decreased. Expenditure on social services such as education and health was well below many other European countries. The overall distribution of income was more unequal and the risk of poverty higher than in the rest of EU15. The so-called “Spanish economic miracle”, as we will see, was based on very shaky foundations. So, when the global financial and economic crisis erupted in 2008, the Spanish economy’s house of cards collapsed.”

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Democracy vs Mythology: The Battle in Syntagma Square (via sturdyblog)

Posted in Economics with tags , , , , , , , , , , , , , , , , , , , , , , , , , , on 18/06/2011 by Living out of Eden

Democracy vs Mythology: The Battle in Syntagma Square I have never been more desperate to explain and more hopeful for your understanding of any single fact than this: The protests in Greece concern all of you directly. What is going on in Athens at the moment is resistance against an invasion; an invasion as brutal as that against Poland in 1939. The invading army wears suits instead of uniforms and holds laptops instead of guns, but make no mistake – the attack on our sovereignty is as violent and … Read More

via sturdyblog