Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Economic Bailout' is associated with 46 posts.

Merkel: France is Europe’s “Biggest Problem Child” (Not with a Bang but a Whimper, Part 2)

Posted by Dave Emory ⋅ May 1, 2013 ⋅ 3 comments

Pre­vi­ously, we have noted how the euro­zone cri­sis is pre­cip­i­tat­ing a stun­ning, unprece­dented dis­so­lu­tion of national sov­er­eignty. With social­ist Fran­cois Hol­lande hav­ing called for more “stim­u­lus” in response to the continent’s austerity-driven, German-mandated depres­sion, the French leader is in the crosshairs.


“Too Big to Fail” (Uber Alles): The EMU and German Economic Imperialism

Posted by Dave Emory ⋅ April 28, 2013 ⋅ One comment

Pre-conceived Ger­man eco­nomic poli­cies are bear­ing long-desired fruit. Unable to find work due to German-dictated “aus­ter­ity,” skilled work­ers from Greece and Spain are pro­vid­ing “labor bat­tal­ions” for Ger­many. The dev­as­tat­ing effects of that same “aus­ter­ity” is mak­ing indus­trial con­cerns in Greece and Spain ripe for Ger­man cor­po­rate takeover.


Is Germany Using North Korea to Destabilize Asia and the US? (One Heckuva Conspiracy Theory)

Posted by Dave Emory ⋅ April 25, 2013 ⋅ One comment

TIMELINE–November, 2012: Germany’s for­eign min­is­ter encour­ages the U.S. to embrace both a “Trans-Atlantic” free trade pact and German-dictated “aus­ter­ity.” Jan­u­ary, 2013: Fol­low­ing Obama’s pivot to Asia, Ger­man lawyers and econ­o­mists decamp to North Korea, in the wake of a her­alded “eco­nomic and polit­i­cal open­ing to South Korea and the West.” Early spring, 2013: the Hitler-influenced Asian nation’s leader does just the opposite.


Not with a Bang, but a Whimper . . . .

Posted by Dave Emory ⋅ April 23, 2013 ⋅ 3 comments

In Europe, the nation-state is being forced into obso­les­cence, and there is lit­tle dis­cus­sion of this stag­ger­ing devel­op­ment. Angela Merkel has for­mally stated that EU mem­bers must be ready to sur­ren­der sov­er­eignty on fis­cal mat­ters.
Europol, its police force, has suc­cess­fully taken a num­ber of steps that many would see as intru­sive, with lit­tle or no real appli­ca­tion to law enforcement.


Going for the Gold in Cyprus (All that Glitters Is not . . . “Oh, Never Mind,” Part 2)

Posted by Dave Emory ⋅ April 12, 2013 ⋅ 2 comments

Revers­ing field time and again, the EMU’s not-so-wise men (and women) are destroy­ing busi­ness con­fi­dence on the part of those who might be inclined to invest in the indus­trial or finan­cial sec­tors of the eurozone’s trou­bled economies. It appears that 75% of Cyprus’ gold reserves are going to be appro­pri­ated as part of the “set­tle­ment.” Fur­ther­more, this appar­ently comes as news to the Cypriot offi­cials han­dling the sit­u­a­tion for that unfor­tu­nate country.


Deutsche Bank and the Financial Meltdown

Posted by Dave Emory ⋅ April 8, 2013 ⋅ One comment

It is impor­tant to under­stand that Ger­man banks are any­thing but blame­less in the Euro­pean finan­cial cri­sis. Deutsche Bank car­ried a large amount of bad debt on its books and lied about it in order to fool investors. In 2007, the Fed­eral Reserve had to help bailout Deutsche Bank. The U.S. sued Deutsche Bank over its manip­u­la­tion of the Amer­i­can mort­gage market.


Luxembourg’s Foreign Minister: Germany seeks “Hegemony” in Europe (by “Other Means”)

Posted by Dave Emory ⋅ April 7, 2013 ⋅ One comment

Luxembourg’s for­eign min­is­ter has added his voice to those not­ing Ger­man impe­r­ial designs lurk­ing behind the facade of the EU/EMU. Jean Assel­born has unequiv­o­cally stated that Ger­many aims for “hege­mony” in the euro zone. A grow­ing con­sen­sus is emerg­ing echo­ing this sen­ti­ment. Blog­gers, finan­cial reg­u­la­tors and gov­ern­ment min­is­ters have expressed sim­i­lar opinions.


Austerity: Up Close and Personal

Posted by Dave Emory ⋅ January 7, 2013 ⋅ 11 comments

What does fis­cal “aus­ter­ity” actu­ally mean to those under its yoke? Since sim­i­lar poli­cies are being rec­om­mended for the United States, let’s take a look at Greece, up close and per­sonal. Greeks going to the hos­pi­tal must bring their own sheets, as the hos­pi­tals long ago fired their clean­ing per­son­nel. The sui­cide rate has dou­bled. Greek phys­i­cal edu­ca­tion teach­ers no longer require their stu­dents to com­plete their class require­ments, because so many of the stu­dents are so under­nour­ished that they get dizzy while exer­cis­ing. On top of that, many Greeks can no longer afford to bury their dead.


Economic Terrorism: Germany and GOP Holding World Economy Hostage

Posted by Dave Emory ⋅ July 19, 2012 ⋅ 14 comments

Work­ing together, the GOP and Ger­many are delib­er­ately pur­su­ing poli­cies to worsen the global econ­omy, in the belief that the dete­ri­o­rat­ing econ­omy will enable them to real­ize their polit­i­cal agen­das. If they are suc­cess­ful, the result will be world fascism–a global cor­po­rate state.


“Austerity” Equals Fascism, Part I: The Republicans are Nazis

Posted by Dave Emory ⋅ June 10, 2012 ⋅ 19 comments

Descended from political/economic inter­ests that sup­ported Hitler, tried to over­throw Franklin Roo­sevelt and did kill JFK, the GOP man­i­fests the her­itage of decades of covert oper­a­tions that brought Third Reich vet­er­ans into the Amer­i­can polit­i­cal main­stream. The upcom­ing elec­tion may deter­mine the fate of our civilization.


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