/

/

/

/

/

EU IN DENIAL OVER ITS FAILED CURRENCY, YET THE BELIEVERS (IDEALOGUES) WILL CONTINUE TO BELIEVE…..

EU IN DENIAL OVER ITS FAILED CURRENCY, YET THE BELIEVERS (IDEALOGUES) WILL CONTINUE TO BELIEVE…..

By KGS8 years ago1

But the ideologues will keep on pursuing the project like none of these unpleasant facts exist.

The euro offers no plausible path back to growth, yet they cannot or will not give up on it.

The EU is in denial over the euro – its failed currency

While Britain and the US kickstart their economic recovery, Europe clings to its sinking ship

By Jeremy Warner

9:04PM GMT 19 Dec 2013

Rarely has the economic gulf that separates the English-speaking world and continental Europe looked quite as wide as it does today. While much of the eurozone remains mired in an economic funk, Britain and America are recovering fast, with rising demand and near record levels of private-sector job creation.

As if the last, crisis-ridden three years haven’t already given Europe’s policy elite enough to think about, this juxtaposition in fortunes must surely have awoken them to the truth: monetary union isn’t working. Unfortunately, the reality is that euroland continues to stumble blindly from one botched response to another, neither able to reconfigure the single currency in a more sustainable form nor enact the sort of measures that might give it a credible future. This week’s blueprint for a banking union is only the latest example. Even in Brussels, they struggled to call it a job well done; this was meant to be the most significant leap forward for European integration since the launch of the euro itself, but in the event it was just another messy compromise.

Overly complicated and chronically underfunded, it fails some of the most basic tests for any credible banking union. Decisions on whether to wind up failing banks remain subject to national veto; more crucially still, there is no agreement on collective responsibility for the costs. At some stage in the future, these things are meant to fall into place, but Europe really doesn’t have the luxury of time. Even major economies such as France, Italy and Spain are right on the edge of social and political fracture. The euro offers no plausible path back to growth, yet they cannot or will not give up on it.

Written by KGS

One Response

By Dad Mar 04, 2016

Use your own money. This abortion of Merkel comes as grope and chains/.

The invasion came because of this EU holocaust

Leave a Reply to Dad Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

There’s No Common Cultural Legacy For The Alt-Right

Still, is there something to it? Is there a common heritage that will cover El Greco and Hume and Dostoyevsky? Is there one that can include the Jacobites and the Jacobins? There is, but it is not racial, and white supremacists reject it because it rejects them. The unifying heritage of Europe is religious and philosophical. It is Jerusalem and Athens, in one famous formulation. Christian religion and Greek philosophy, filtered through Roman law and culture, are the foundation of European culture. The tensions, agreements, developments and settlements between these have shaped the Western world, and these roots of Western civilization are not congenial to white supremacy.

Christianity is universal in its message and Jewish in its origins. For centuries after its founding, Christianity’s center was the Mediterranean world, including Asia Minor and North Africa. Christianity has never been defined by race, and locally-grown racist heresies are only sustainable among those ignorant of Christianity’s teachings, origins and history.

Greek philosophy is likewise ill-suited to serve as a basis for white identity. It is either too universal (addressing the human condition in general) or too local—none of us live as citizens of an ancient Greek polis. Later philosophical developments in Europe, such as the philosophies of the Enlightenment, likewise tend to be too universal for white supremacists seeking a tribal identity. As for the scientific revolution that developed within Western culture (albeit with much borrowed from outside Europe), math doesn’t care what color someone is.

War is being waged against Western culture from within which is in essence a war against Christianity and its moral origins in the Hebrew Bible. By attacking these Biblical foundations in the name of reason and human rights, the culture warriors of secularism are sawing off the branch on which they sit. The only way to defend Western civilisation is to reaffirm and restore its Biblical foundations. My argument is a development of ideas I first explored in my 2012 book The World Turned Upside Down: The Global Battle over God, Truth and Power.

We are living in an era which extols reason, science and human rights. These are said to be essential for progress, a civilised society and the betterment of humanity. Religion is said to be their antithesis, the source instead of superstitious mumbo-jumbo, oppression and backward-thinking.

Some of this hostility is being driven by the perceived threat from Islamic terrorism and the Islamisation of Western culture. However, this animus against religion has far deeper roots and can be traced back to what is considered the birthplace of Western reason, the 18th-century Enlightenment.

Actually, it goes back specifically to the French Enlightenment. In England and Scotland, the Enlightenment developed reason and political liberty within the framework of Biblical belief. In France, by contrast, anti-clericalism morphed into fundamental hostility to Christianity and to religion itself.

“Ecrasez l’infame,” said Voltaire (crush infamy) — the infamy to which he referred being not just the Church but Christianity, which he wanted to replace with the religion of reason, virtue and liberty, “drawn from the bosom of nature”.

Perfecting society

But this Enlightenment did not remove religion so much as pervert it. It took millenarian fantasies, the idea that the perfection of the world was at hand, and it secularised them. Instead of God producing heaven on earth, it would be mankind which would bring that about. Reason would create the perfect society and “progress” was the process by which utopia would be attained.

“I think that we should correct the vocabulary that we use, and call a spade a spade. It is all about Jihad, the Islamic effort to spread Islam globally”:

Terrorist attack – should be called Military Jihad.

Incitement – Media Jihad.

Al-Jazeera – Media Jihad Channel.

Imposing Sharia law – Judicial Jihad or Legislative Jihad.

Boycotting Israel (BDS) – Economic Jihad.

Emigration to EU and US – Emigration Jihad / Hijra Jihad.

Building mosques, Islamic education institutions – Cultural Jihad.

Halal food – Dietary Jihad.

Hijab or Niqab – Clothing Jihad.

Activity of MSA – Academic Jihad.

Activity of CAIR – Political Jihad / Public Jihad.

Collecting money for Islamic “charities” – Financial Jihad.

Political correctness – Submission to Jihad.

J Street, Peace Now, JVP and their likes – Jewish Useful Idiots who Serve Jihad.

Iran deal – Western Support for Nuclear Jihad.