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ktlight
8th November 2011, 08:16
"The ESM is the new European dictator. Whenever it wants, and as often as it wants, it can simply request the euro countries to pay billions of euros within 7 days. They can ruin any government within a week!!!"

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Transcript here: http://www.sott.net/articles/show/237371-VIDEO-Economic-Dictatorship-The-European-Stability-Mechanism-ESM-

christian
8th November 2011, 09:41
This is in your face totalitarianism. "Give me all your money and all your rights and accept that the new authoritarian regime is untouchable". Not in my name.

The German Constitutional Court ruled, that the German Parliament has to agree to any money transfer, so the application of this ESM is somewhat squishy. The German Parliament first created a Council of 9, to decide on each transfer, but the Constitutional Court ruled against that. Doesn't make such a big difference apparently, as anyone opposed to any money transfer gets bullied, most people just vote for it, because their party leaders tell them to do so.

Etherios
8th November 2011, 15:05
still people will not react ... they wont even take the time to think what is happening.

They will think "we are nothing ... we cant stop this ... we will manage somehow."