Sarkozy & Merkel Promise To Bailout The Entire European Continent Until The End Of Time & Fiat Currency

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Angela Merkel in eurozone permanent bail-out vow - BBC

Germany's Chancellor Angela Merkel has vowed to implement a permanent bail-out facility amid speculation over a break up of the 16-nation eurozone.

A joint statement with French President Nicolas Sarkozy said the two would propose replacing the existing fund that expires in 2013.

Meanwhile the head of Germany's central bank said the existing fund could be increased if needed.

And the fund's head has dismissed the risk of a eurozone break-up.

Klaus Regling of the European Financial Stability Facility (EFSF) said it was "inconceivable that the euro fails".

There has been speculation that some countries may be forced to give up the euro in light of the Irish debt crisis.
Fund upsize

In their joint statement, the French and German leaders said that they were working "under high pressure on a joint proposal for a crisis mechanism that is to replace the current one beyond 2013".

The EFSF was set up over the summer as a general rescue fund for eurozone governments, in a failed attempt to prevent the Greek debt crisis spreading to other countries.

The two leaders also said they wanted a bail-out of the Irish Republic by the EU and IMF to be finalised as soon as possible.

Continue reading at the BBC...

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The absolute truth about European bailouts...

Brilliant satire.  Clarke & Dawe on the European debt-guarantee circle jerk...

• Sarkozy Goes Negative On Obama

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Comments

[DailyBail]

My View From the Bowl, past Bernanke, Obama, South Korea, and the toilet paper.

http://whatreallyhappened.com/content/my-view-bowl-past-bernanke-obama-south-korea-and-toilet-paper

[DailyBail]

BBC: Irish economy, the bailout and the Euro - "All Goverments Solves The Crisis With Inflation"

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=13228

[john]

With the recent currency agreement between Russia and China, and Prime Minister Putin suggesting that the Euro become the worlds reserve currency, this financial geopolitical game is getting very interesting. Keep an eye on John Paulson, N.M. Rothschild and Asian parties named as the "cornerstone" investors in RusAl.

[DailyBail]

Struck in mouth playing basketball, Obama gets 12 stitches

http://www.rawstory.com/rs/2010/11/struck-mouth-playing-basketball-obama-12-stitches/

[DailyBail]

john...i'm watching that story...i'm going to put a video of putin's comments later...

[DailyBail]

« Sarkozy Goes Negative On Obama »

http://dailybail.com/headlines/sarkozy-goes-negative-on-obama.html

[john]

Here is the play..... Watch carefully and then think in abstract where all markets are concerned.

http://www.youtube.com/watch?v=9I5VazvGy4M

I would especially apply this to John Paulson and Soros regarding metals manipulation.

[Dr. Pitchfork]

I don't have time till tonight or tomorrow to write it up, but THANK GOD -- they're finally standing up
http://www.youtube.com/watch?v=jeVNgJtAqSk
http://www.youtube.com/watch?v=oe8Kjvo3rMY
http://www.youtube.com/watch?v=OmBx0X-jRjo

[Dr. Pitchfork]

Comedian Des Bishop was at the march and (re-)tweeted this gem from "MacCaba":

Placard of the day:"Fianna fail - Putting the 'n' in 'cuts'". March on a Sat achieves little. Time to bring country to standstill.
http://twitter.com/Desbishop

UPDATE: Here's the sign.
http://yfrog.com/f/2fkj2xj/

[Dr. Pitchfork]

Real-time Twitter from Dublin protest:
http://twitter.com/search?q=%23dubmarch

[Dr. Pitchfork]

UPDATE II: Even better shot of the sign protesting "cuts."
http://yfrog.com/f3h4f0j

[Sagebrush]

Looks like the Irish people are going to stand up and make the International Bankers and the Irish elite's parasitic asses face the music for their own greed and stupidity.

To bad The majority of the American People hiding in mamby pamby land have let a corrupt government and criminal financial industry reap astronomical rewards for the same greed and stupidity.

Stupidity is probably incorrect, a premeditated conspiracy to defraud the American People of their wealth and livelihood would be a more accurate statement.

There was a time when the people of this once great Constitutional Republic would have rose up in anger and stormed Washington D.C. to demand protection for the rights of the people and prosecution of those who break the law.

That time is no more, instead our legislators change the laws to legalize the fraud and corruption of the elite and to deny the American People their Constitutional rights.

And the American Majority? They turn on the TV and MSM tells them they need these changes for their own protection and financial security. That their personal sacrifices are necessary for the greater good. ( yeah, the greater good of Wall Street and the elite special interests.) What's really scary is they are so afraid of having to standup they will believe anything that allows them to keep playing with their high tech toys and avoid facing reality. The price for this mass apathy increases every day that it continues.

What the hell happened to the U.S.A.?
If were going to have corporate socialism why stop there? lets go socialist. That way the people may get some of the wealth back thats being stolen from them. All it would take is a little revolution and the execution of the elite who don't make it to their executive jets before the axe falls.

Probably a better scenario then the total anarchy we're headed for now.

[Dr. Pitchfork]

I just realized how insane the Irish-taxpayer funded bailout of European banks is. US GDP is c 56 times Irish GDP. Multiply 56 times the c $115B figure you see in reports of the bailout total and see what kind of number you get. I have a feeling we'd have people in the streets, too. Come to think of it, why aren't there MORE people in the streets of Dublin? Can you imagine being forced to take a bailout loan that amounted to just over half of your GDP? Yikes.

[Cheyenne]

I look at those photos of Sark and Merk and wonder who'd win a fistfight.

[DailyBail]

Can you imagine being forced to take a bailout loan that amounted to just over half of your GDP? Yikes.

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that would be $7 trillion here...more was committed but less has been used...