Tag Archives: European Commission

Hey, Europeans! Meet your falling-down drunk President

The European Commission is the executive branch of the European Union (EU) and the only body that can propose EU laws.

The President of the European Commission is chosen not by the European people, but by the European Parliament. Since 2014, Jean-Claude Juncker, 64, a former prime minister of Luxembourgh, has been President of the European Commission. As such, he leads a cabinet or college of commissioners who direct the Commission’s civil service, set the policy agenda and determine legislative proposals.

On December 18, 2018, @LionelMedia tweeted a video of Juncker so unsteady and wobbling that he had to be held up by two men.

Juncker claims that he suffers from sciatica attacks because of a 1989 car accident, which cause occasional unsteadiness. But speculations about alcoholism have surrounded Juncker for several years and have been discussed by several high-profile EU politicians. In 2014, then Dutch Minister of Finance Jeroen Dijsselbloem described Juncker in an interview as a “heavy smoker and drinker”, but later apologized for his comments. (Wikipedia)

~Eowyn

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Daughter of top EU official raped and murdered in Germany by Afghan migrant

Maria Landenburger murdered by migrant

Maria Landenburger murdered by migrant/Facebook photos


From Express UK: Maria Ladenburger, the daughter of a high-ranking EU official, was returning from a party in the university city of Freiburg in Germany when she was assaulted on a cycle path. She was raped and then drowned before her body was found in the River Dreisam.
The shocking incident happened on October 16 but details have only been released after an arrest on Friday.
The suspect, an Afghan migrant, was caught after police found DNA on a scarf near the path. The scarf reportedly belonged to Maria. They also found a strand of hair on a nearby blackberry bush. Officers then trawled CCTV to see find people with a similar hairstyle, which led them to the suspect.
Following his arrest the suspect, aged 17, pleaded guilty to the attack and will be sentenced next year. However, prosecutors say he can still change his plea and it’s unknown if he has admitted raping Maria.
The unnamed migrant arrived in Germany last year as an unaccompanied minor and lived with a local family in the city.
Ms. Ladenburger reportedly worked in her spare time helping out in refugee homes in Freiburg. But it is unclear whether she ever met her murderer before he took her life.
The dead girl’s father is Dr. Clemens Ladenburger, a lawyer who works as the right hand man to the legal director of the European Commission.
On October 26 he and his wife Frederika placed a memorial notice for Maria in the Frankfurter Allgemeine newspaper. It read: “Maria was for 19 years a singular ray of sunshine for our family, and that she will remain. We thank God for this gift, that he made you with us.  We are sure that she is safe with him.”
A funeral requiem was held for Maria on October in Notre Dame des Graces Church in Brussels. On December 6 this year Maria would have been 20.
David Müller, head of the police’s Special Commission, said: “Through interviews and a web-based survey, we were able to reconstruct Maria’s final hours. The 19-year-old student had been at a party. By 2.37am, she left the party. Maria then cycled home, as usual. The young woman had been the victim of a sexual offence and a violent crime.
The horror killing piles more pressure on Chancellor Angela Merkel who opened the nation’s borders to more than one million migrants since 2015. Earlier this week she was blasted by a father-of-four who said he no longer felt safe because of the migrant inlux.
But Dieter Salomon, the mayor of Freiburg warned people not to “apply perpetrator background for sweeping judgements, but to view it as an isolated incident”.
However, police are also investigating whether the murder of Maria is linked to another killing just a month later. Carolin Gruber was sexually assaulted and murdered in an attack at the same spot. The 27-year-old was found in woodland elsewhere in the city on November 10.
DCG

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U.S. State Dept memo on bringing foreign Ebola patients to America

We now have the actual State Department memo recommending the “expeditious” importing of Ebola-infected non-citizens into the United States for medical treatment.
It would cost $300,000 to treat each patient and another $200,000 for transportation — expenses that the State Dept. claims will be borne by the patient or their parent organization, and NOT by U.S. taxpayers. But do you actually believe the Obama administration? I don’t.
Since when has Obama actually told the truth about anything? Or have we forgotten his grand promise of “If you like your health insurance, you can keep your insurance,” or “your health insurance premium will actually go down with Obamacare”?
Then there is the graver matter of intentionally bringing into the United States even more people who are Ebola-infected — as if the case of “Patient Zero” Liberian Thomas Eric Duncan isn’t enough — and thereby increases the likelihood that the deadly hemorrhagic virus contaminate and infect more Americans.

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Eurozone confiscation of Cyprus bank deposits: Fallout & Analyses

Two days ago, on Saturday, March 16, 2013, the people of Cyprus were told by the grand poobahs of the eurozone that as much as 10% of the deposits in their personal bank accounts would be “levied” confiscated, in exchange for a $13 billion bail-out of their heavily indebted country.
Cyprus is a small island country in the Eastern Mediterranean Sea to the east of Greece, and a member of the European Union (EU). The eurozone is an economic and monetary union of 17 EU member states that have adopted the euro (€) as their common currency and sole legal tender.

Cyprus parliament expected to vote on bailout tax measureA man with his child protests against the levy in front of the Cypriot parliament in the capital, Nicosia. Photo by Flip Singer/EPA

Here’s the fallout from that stunning news:

  • Reuters reports that the government of Cyprus declared that the bank “holiday” (closure) that began yesterday will continue through today (Monday) and tomorrow (Tuesday), pending a decision by the country’s parliament to approve the levy. The real reason for the bank closures is, of course, to prevent a bank run.
  • In the U.S., stocks closed in the red Monday, with the S&P 500 moving further away from its all-time high, amid worries over the bailout news in Cyprus and over fears the euro zone’s bigger troubled economies such as Spain and Italy may follow suit.

Eurogroup president Eurogroup Chairman Jeroen Dijsselbloem. Photo by Eric Vidal/Reuters

  • President of Eurogroup and Dutch finance minister Jeroen Dijsselbloem says in an official statement: “I reiterate that the stability levy on deposits is a one-off measure. […] The Eurogroup continues to be of the view that small depositors should be treated differently from large depositors and reaffirms the importance of fully guaranteeing deposits below €100,000. The Cypriot authorities will introduce more progressivity in the one-off levy compared to what was agreed on 16 March, provided that it continues yielding the targeted reduction of the financing envelope and, hence, not impact the overall amount of financial assistance up to €10bn.” (Translated into plain English, what Dijsselbloem means is that in the end, those with larger bank accounts will have a larger percentage of their deposits confiscated, as long as the Cypriot government contains their bailout request to no more than €10bn instead of the originally sought €17bn.)

Here are some expert analyses and opinions:

Financial Times‘ Wolfgang Münchau writes:
“On Saturday morning, the finance ministers of the eurozone may well have started a bank run.
With the agreement on a depositor haircut for Cyprus – in all but name – the eurozone has effectively defaulted on a deposit insurance guarantee for bank deposits. That guarantee was given in 2008 after the collapse of Lehman Brothers. It consisted of a series of nationally co-ordinated guarantees. They wanted to make the political point that all savings are safe. […]
The Germans rejected a loan which they were certain Cyprus would invariably default on. So the sum was cut to €10bn. A depositor haircut was the only way to co-finance this. When they did the maths, they found the big deposits would not have sufficed.
So they opted for a wealth tax with hardly any progression. There is not even an exemption for people with only very small savings.
If one wanted to feed the political mood of insurrection in southern Europe, this was the way to do it. The long-term political damage of this agreement is going to be huge. In the short term, the danger consists of a generalised bank run, not just in Cyprus. […]
Unless there is a last-minute reprieve for small savers, most Cypriot savers would act rationally if they withdrew the rest of their money simply to protect them from further haircuts or taxes. It would be equally rational for savers elsewhere in southern Europe to join them. The experience of Cyprus tells them that the solvency of a deposit insurance scheme is only as good as that of the state. In view of Italy’s public sector debt ratio, or the combined public and private sector indebtedness of Spain and Portugal, there is no way that these governments can insure all banks’ deposits on their own.
The Cyprus rescue has shown that the creditor nations will insist from now that any bank rescue must be co-funded by depositors.
The really puzzling thing is why did people not withdraw their money before? Did they not read the newspapers? Maybe they trusted the new president of Cyprus, who had promised them that he would never accept this? […]
There are some institutional impediments against bank runs within the eurozone. Some countries impose daily withdrawal limits, ostensibly as a measure against money laundering. […] But I would not take too much comfort from those impediments. Once fear reaches a critical mass, people will act, and then a bank run becomes a self-perpetuating process.”
Analysts at J P Morgan: Financial markets have underestimated the risks posed by Cyprus. Investors could be wrong to think that the current deadlock over the bailout will be resolved, or that the eurozone’s long-term “crisis management framework” remains intact. Cyprus’s fundamental problem is that it is “politically impossible to impose the extent of losses on insured depositors [those with less than €100,000 in the bank] that the weekend agreement envisaged”. This leaves Cyprus with three options, none very pleasant:

  • Option A: Recalibrate the pain so that insured depositors do not need to pay anything, while uninsured depositors pay around 15.4% of their deposits.
  • Option B: Go straight to requesting additional support from the Troika of lenders — the European Commission, the IMF and the European Central Bank.
  • Option C: Tweak the current pain distribution so that less of the burden falls on those with insured bank deposits, e.g., 3% levy on deposits of less than €100,000; 10% levy on deposits of less than €500,000; 15% on deposits of over €500,000.

Phoenix Capital Research: “Confiscated… as in stolen. To fund a bailout that Cyprus citizens have no interest in funding. In exchange, they, like the Spanish, will receive shares in the garbage banks that were bailed out.
Why does this matter? Cyprus is a tiny country of only 1.1 million people right?
This matters because it indicates what we’ve been saying since June 2012, the entire European “fix” was one enormous lie. NOTHING was fixed in Europe at all. On top of this, your SAVINGS in Europe can be seized at any time if things get bad.
Reread that last sentence… people in Europe just woke up and found that the IMF without their consent, can SEIZE their savings during a bailout.
What do you think will be the end result of this?
BANK RUNS and systemic failure.
The deep dark secret of the entire European Mess is that the minute a real legitimate bank run begins, it’s game over. Spain got a taste of this last year when a bank-run brought the country to its knees in less than six months.
Now that Cyprus has revealed that deposits are not safe in Europe, you better buckle up because the bank-runs are coming. And when they do, the European Crisis will hit overdrive. Once deposits flee, banks have to sell assets to meet the capital flight. When banks have to sell assets to meet deposit flight, they need capital.
And European banks don’t have any extra capital. They’re leveraged at 26 to 1 and would need to raise over €1 trillion AT LEAST.
The failure of European banks, in turn, will most decidedly affect the United States. See “Confiscation of bank deposits: Can it happen in America?,” March 19, 2013.
Update: Activist Post says riots are now being reported in Cyprus.
Update (Mar. 19): Cyprus parliament rejected the levy.
~Eowyn

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Unelected Eurozone ministers to confiscate 10% of bank deposits in Cyprus

cyprus
This is sheer insanity and very very frightening.
Cyprus is a small island country in the Eastern Mediterranean Sea to the east of Greece. At 3,572 sq. mi. and an estimated population of a little over 1 million in 2011, Cyprus is the third largest island in the Mediterranean Sea and a member of the European Union (EU) and the eurozone.
The eurozone is an economic and monetary union of 17 EU member states that have adopted the euro (€) as their common currency and sole legal tender. The eurozone currently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Most other EU states are obliged to join once they meet the criteria to do so. No state has left and there are no provisions to do so or to be expelled.
The eurozone is represented politically by its finance ministers, known collectively as the Euro Group, and is presided over by a president, currently Jeroen Dijsselbloem.
Like its neighbor Greece, Cyprus is heavily in debt and is teetering on the brink of bankruptcy.
In return for bailing out Cyprus to the tune of $13 billion, the eurozone finance ministers masters want a percentage of the money in Cyprus’ privately-owned bank accounts!
Michele Kambas reports for Reuters, Mar 17, 2013, that the decision, announced yesterday morning, stunned Cypriots and caused a run on cash points, most of which were depleted within hours. Electronic transfers were stopped.
The originally proposed levies on deposits are 9.9% for bank deposits of more than 100,000 euros (US $130,348 at the current exchange rate) and 6.7% on anything below that. Today, the Cypriot government discussed with lenders the possibility of softening the impact on smaller savers by changing the levy to 3% for deposits below 100,000 euros, and to 12.5% for above that sum, a source close to the consultations told Reuters on condition of anonymity.
Whatever the percentage, the proposed levy is expected to raise almost 6 billion euros and has the “blessing” of a troika of lenders from the European Commission, the IMF and the European Central Bank.
But the levy requires the approval of the Cyprus parliament, where no party has a majority. Originally scheduled for today, the parliamentary vote on the measure was postponed for a day until tomorrow, March 18, to give more time for consultations and broker a deal. If parliament fails to approve the levy, Cyprus President Nicos Anastasiades warns, the island’s two largest banks will collapse, including the Cyprus Popular Bank, which could have its emergency liquidity assistance (ELA) funding from the European Central Bank cut by March 21. A default in Cyprus could unravel investor confidence in the eurozone, undoing the improvements fostered by the European Central Bank’s promise last year to do whatever it takes to shore up the currency bloc.
In a televised address to the nation today, Anastasiades said he had to accept the tax in return for international aid, or else the island would have faced bankruptcy: “The solution we concluded upon is not what we wanted, but is the least painful under the circumstances.”
Elected only three weeks ago, Anastasiades said savers will be compensated by shares in banks guaranteed by future natural gas revenues. Cyprus is expecting the results of an offshore appraisal drilling this year to confirm the island is sitting on vast amounts of natural gas worth billions.

The crisis is unprecedented in the history of the Mediterranean island, which suffered a war and ethnic split in 1974 in which a quarter of its population was internally displaced. With a gross domestic product of barely 0.2% of the euro bloc, Cyprus had applied for financial aid last June, but negotiations were stalled by the complexity of the deal and the reluctance of the island’s previous president to sign.
Making bank depositors bear some of the costs of a bailout had been taboo in Europe, but eurozone officials said it was the only way to salvage Cyprus’s financial sector and promised that the levy would not set a precedent. In Spain, one of four other states getting euro zone help and seen as a possible candidate for a sovereign rescue, officials were quick to say Cyprus was a unique case. A Bank of Spain spokesman said there had been no sign of deposit flight.
International Monetary Fund Managing Director Christine Lagarde said she backed the deal and would ask the IMF board in Washington to contribute to the bailout.
According to a draft copy of legislation, if a bank account holder in Cyprus fails to pay the levy, it would be a criminal offense liable to three years in jail or a 50,000 euro ($65,174) fine.
Those affected will include not just Cypriots but also foreigners who have bank deposits in the island. One of the foreigners is Chris Drake, a former Middle East correspondent for the BBC who lives in Cyprus. He told Reuters, “I’m furious. There were plenty of opportunities to take our money out; we didn’t because we were promised it was a red line which would not be crossed. I’ve lost several thousand.”
British finance minister George Osborne told the BBC on Sunday that Britain would compensate its 3,500 military personnel based in Cyprus.
Many Cypriots, having contributed to bailouts for Ireland, Portugal and Greece – Greece’s second bailout contributed to a debt restructuring that blew the 4.5 billion euro hole in Cyprus’s banking sector – are aghast at their treatment by Europe. As an example, the daily Phileleftheros said Cyprus received a “stab in the back” from its EU partners.
At the same time, however, Phileleftheros and other newspapers also maintain a failure by the parliament to approve will inflict further damage on the banking system. So Cyprus is caught between the proverbial rock and a hard place.
See my also follow-up posts:

~Eowyn

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There Really Is a World Conspiracy by the Powerful

This may be the most important one-minute video that you’ll ever watch. Please take that brief minute to view it.
In this video, Gerard Batten, a Member of the European Parliament for London for the United Kingdom Independence Party, finally asks the question that should have been asked by every honest reporter (if there is one) across the world:

Why are the media so completely and totally disinterested in the yearly meeting of a group of the world’s most powerful and influential people?

The curious lack of curiosity and silence of the media is deafening.
[youtube=https://www.youtube.com/watch?v=Kqst9aXaqs4]
H/t Vigilant Citizen.
Batten made his statement on September 12, 2011, at the EP in Strasbourg, France. I’ve transcribed Mr. Batten’s statement. Please forward it to your e-mail list. Let’s make this go viral!

“Thank you, Mr. President.

The [European] Commission have recently replied to my written question confirming that Commissioners Almunia  and Kroes attended the Bilderberg meeting in St. Moritz in June. The Commission cannot tell me details of what was discussed, but that surely the Bilderberg meetings do not take decisions. [Joaquin Almunia and Neelie Kroes are both Vice Presidents of the European Commission. ~Eowyn]

If Bilderberg meetings are just talking shops, why did the most powerful figures from around the world, including George Osborne, the [British] Chancellor of the Exchequer, bothered to attend?

What other summit of world leaders in politics, finance and business would go completely unreported in the mainstream media such as the BBC?

It’s impossible not to reach the conclusion that the non-reporting of these events is anything other than a conspiracy between the [Bilderberg] organizers and the media.

It merely confirms the belief of many that the hidden agenda and purpose of the Bilderberg Group is to bring about undemocratic world government.

It’s a disgrace that the European Commission is colluding in that.”

From Wikipedia:

The Bilderberg Group (aka Bilderberg conference or Bilderberg Club) is an annual, unofficial, invitation-only conference of approximately 120 to 140 guests from North America and Western Europe, most of whom are people of influence. About one-third are from government and politics, and two-thirds from finance, industry, labour, education and communications. Meetings are closed to the public and often feature future political leaders shortly before they become household names. […]

Meetings are organized by a steering committee with two members from each of approximately 18 nations.Official posts, in addition to a chairman, include an Honorary Secretary General.There is no such category in the group’s rules as a “member of the group”. The only category that exists is “member of the Steering Committee”.In addition to the committee, there also exists a separate advisory group, though membership overlaps.

Here are the Chairmen of the Bilderberg Group’s Steering Committee. Betcha you’ve never heard of these men! Why’s that?:

Here are the Americans who attended this year’s meeting of the Bilderberg Group, June 9-12, St. Moritz, Switzerland:

  • Alexander, Keith B., Commander, USCYBERCOM; Director, National Security Agency
  • Altman, Roger C., Chairman, Evercore Partners Inc.
  • Bezos, Jeff, Founder and CEO, Amazon.com
  • Collins, Timothy C., CEO, Ripplewood Holdings, LLC
  • Feldstein, Martin S., George F. Baker Professor of Economics, Harvard University
  • Hoffman, Reid, Co-founder and Executive Chairman, LinkedIn
  • Hughes, Chris R., Co-founder, Facebook
  • Jacobs, Kenneth M., Chairman & CEO, Lazard
  • Johnson, James A., Vice Chairman, Perseus, LLC
  • Jordan, Jr., Vernon E., Senior Managing Director, Lazard Frères & Co. LLC
  • Keane, John M., Senior Partner, SCP Partners; General, US Army, Retired
  • Kissinger, Henry A., Chairman, Kissinger Associates, Inc.
  • Kleinfeld, Klaus, Chairman and CEO, Alcoa
  • Kravis, Henry R., Co-Chairman and co-CEO, Kohlberg Kravis, Roberts & Co.
  • Kravis, Marie-Josée, Senior Fellow, Hudson Institute, Inc.
  • Li, Cheng, Senior Fellow and Director of Research, John L. Thornton China Center, Brookings Institution
  • Mundie, Craig J., Chief Research and Strategy Officer, Microsoft Corporation
  • Orszag, Peter R., Vice Chairman, Citigroup Global Markets, Inc.
  • Perle, Richard N., Resident Fellow, American Enterprise Institute for Public Policy Research
  • Rockefeller, David, Former Chairman, Chase Manhattan Bank
  • Rose, Charlie, Executive Editor and Anchor, Charlie Rose
  • Rubin, Robert E., Co-Chairman, Council on Foreign Relations; Former Secretary of the Treasury
  • Schmidt, Eric, Executive Chairman, Google Inc.
  • Steinberg, James B., Deputy Secretary of State
  • Thiel, Peter A., President, Clarium Capital Management, LLC
  • Varney, Christine A., Assistant Attorney General for Antitrust
  • Vaupel, James W., Founding Director, Max Planck Institute for Demographic Research
  • Warsh, Kevin, Former Governor, Federal Reserve Board
  • Wolfensohn, James D., Chairman, Wolfensohn & Company, LLC

For the names of attendees from other countries, go here.
~Eowyn

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