Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Economic Bailout' is associated with 66 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 ⋅ 6 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 ⋅ 5 comments

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 ⋅ 2 comments

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 ⋅ 4 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 ⋅ 15 comments

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 ⋅ 13 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 ⋅ 18 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 ⋅ 49 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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