Europe Today

The following two paragraphs are from the article German Bond Bid Failure: Revenge of The Bankers at the investors' website SeekingAlpha.com, The article was written by Joseph Calhoun, and explains very briefly why and how the German nation is a whore chained to the bed of the bankers. The bottom line is that the taxpayers will be forced to cover the bankers' bad loans, and Italy and Greece will continue to borrow into default, until the bankers own all of Europe, and sell cheap it to China, Russia and whoever (and probably mostly to jews)!

Germany got a wake up call last week when an auction of 10 year government bonds failed to get bids for 35% of the bonds offered. While German bond auction failures are not as infrequent as one might imagine – six of the last eight auctions received fewer bids than the maximum amount of bonds offered – this one, coming in the midst of the European debt crisis, was perceived to be more ominous. If the strongest economy in Europe can’t sell all of its bonds, what chance does Italy or Greece have? Some have opined that this failure means the euro crisis has entered a new phase and that Germany itself – the one government in Europe thought capable of ending the crisis – is now at risk. It was more likely a power play by Europe’s bankers intended to send a message to Merkel and Schaeuble. And it appears the message was received.

Schaeuble has been at the forefront in Germany demanding that banks share losses in any sovereign bailouts that come via the European Stability Mechanism to be established next year (moved up from 2013). The failed German bund auction last week was the banks reply and Schaeuble almost immediately backed down. Friday, Schaeuble told reporters that “(i)f we now manage to move toward a stability union, we’ll see how one might possibly adjust the treaty”. Bankers 1, Schaeuble 0. It would appear the bankers are firmly in charge of Europe now and have no intention of playing the patsy. The banks were given an incentive to buy sovereign debt under the Basel committee rules that essentially made all European sovereign debt risk free. Banks could own European sovereign debt – no matter the country of issuance – without having to reserve for potential defaults. Europe’s governments, having fixed the rules to ensure a market for the bonds to fund their welfare states, now want to renege – and the bankers are having none of it. Click here to read more.

The pair are due to marry on Oct 9 at the register office in Devizes before holding a service at St John the Baptist Church Photo: SWNS

This article originally from National Alliance News

(WJC) — Hungary is demanding that the Claims Conference, the New York-based Jewish organization which handles payments to Holocaust survivors around the world, return about US$ 8 million in payments made to Holocaust survivors. The government in Budapest said the Claims Conference had failed to properly account for the money. Claims Conference leaders said that reams of information about the payments had been provided to the authorities and accused Hungary of “depriving” Shoah survivors through “disgraceful” and “deceitful tactics.”

(…)Two years ago, after the nationalist Fidesz government of Prime Minister Viktor Orban came to power in Hungary, Commissioner Andras Levente Gal began challenging how the money had been spent, asking for more details about the funds. The Hungarian government halted its payments to the organization, holding on to US$ 5.6 million. “It is impossible to identify the individuals eligible for compensation or the grounds for their eligibility” based on the documents it provided, the Hungarian Ministry of Public Administration and Justice said on its website this week, arguing the organization had shown that the funds were distributed “on a far-from-equal footing.” Gal is now seeking to reclaim roughly US$ 8 million from the group, along with interest and added charges.

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From The Christian Institute  

Tesco's Head of Research and Development has said Christians are "evil" for opposing homosexual marriage. The comment was made by Nick Lansley, Head of R&D for Tesco.com.

It appears on Mr Lansley's profile page on the photo-sharing website, Flickr.com, where he lists his employment as 'Head of R&D at Tesco.com'.

He adds: "I'm also campaigning against evil Christians (that's not all Christians, just bad ones) who think that gay people should not lead happy lives and get married to their same-sex partners."