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Monday, February 6, 2012

UKIP Nigel Farage vs President Schulz - Feb 2012

UK Independence party leader Nigel Farage disgusted at the comment from President Schulz who is supposed to be a neutral chair in the parliament . In view of the new attempt to fix the crisis in the Euro-zone, French and German leaders undermine democracy with their selfish fiscal policies, mostly Germany; in the blind ambition to press the Euro project regardless of years of austerity and suffering of ordinary people.the money went directly to the banks,and the bill to Greeks. Now that the debt became unsustainable,they will default it via the back door. The irony is that if Greece declared debt moratorium in 09(payments delay), the creditors wouldn't have lost as much as they will now,just couple of years interest rates, until the tax incomes of the Greek government had returned back to the pre-crises levels(the reason for the crises-the sharp declining of their gov. revenues).Now we should ask the question where this project is going, given the financial train wreck we have come to, and the apparent suspension of democracy. This can never be a union of equals, it's just the same old story- of Germany and France; surprise surprise! When not killing each other, they conspire together.

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