JP Morgan to Eurozone periphery: “get rid of your pinko, anti-fascist constitutions !”
►http://blogs.euobserver.com/phillips/2013/06/07/jp-morgan-to-eurozone-periphery-get-rid-of-your-pinko-anti-fascist
#Europe #fascism
JP Morgan to Eurozone periphery: “get rid of your pinko, anti-fascist constitutions !”
►http://blogs.euobserver.com/phillips/2013/06/07/jp-morgan-to-eurozone-periphery-get-rid-of-your-pinko-anti-fascist
#Europe #fascism
cf. ▻http://www.primeeconomics.org/?p=1898
For some time, I’ve been following the ongoing process of promoting the “Creditors’ Constitution” for European countries. The Spanish government rushed through a Constitutional amendment in 2011 to give “absolute priority” to payments to their creditors, above all other interests (here’s the detail, but viewed from a pro-creditor perspective); and in early 2012, the Eurogroup of Finance Ministers pushed the Greek government into promising to do the same. The spate of “debt-brake” (and balanced budget) constitutional amendments in the last 2 years also tend in the same direction, prompted by the EU Stability etc. Treaty.
#creditor #créditeur #Gläubiger
#constitution #Verfassung - #amendment
Pour Goldman-Sachs, la survie de la zone euro passe par des réformes affaiblissant les règles constitutionnelles mises en place pour éviter le retour du fachisme en Europe du Sud
...."But, over time it has become clear that there are also national legacy problems of a political nature. The constitutions and political settlements in the southern periphery, put in place in the aftermath of the fall of fascism, have a number of features which appear to be unsuited to further integration in the region."
These “deep-seated political problems in the periphery,” say authors David Mackie, Malcolm Barr and friends, “in our view, need to change if EMU is going to function properly in the long run.”
“The political systems in the periphery were established in the aftermath of dictatorship, and were defined by that experience. Constitutions tend to show a strong socialist influence, reflecting the political strength that left-wing parties gained after the defeat of fascism.”
Nul doute que les directions des télévisions publiques d’Europe ont déjà pris connaissance de ces analyses et contribueront avec tout leur talent à la popularisation des réformes nécessaires à la survie de l’Euro.
“Political systems around the periphery typically display several of the following features: weak executives; weak central states relative to regions; constitutional protection of labour rights; consensus building systems which foster political clientalism; and the right to protest if unwelcome changes are made to the political status quo. The shortcomings of this political legacy have been revealed by the crisis. Countries around the periphery have only been partially successful in producing fiscal and economic reform agendas, with governments constrained by constitutions (Portugal), powerful regions (Spain), and the rise of populist parties (Italy and Greece).”
Bienvenue au Grollande !
►http://blogs.euobserver.com/phillips/2013/06/07/jp-morgan-to-eurozone-periphery-get-rid-of-your-pinko-anti-fascist