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Posts Tagged ‘bailouts’

EZ New Flag

Plagued with debt problems, the E.U. has apparently changed its name to the Eurozone.  

“What’s in a name? That which we call a rose, By any other name would smell as sweet.” 

Here Juliet tells Romeo that a name is an artificial and meaningless convention, and that she loves the person who is called “Montague”, not the Montague name and not the Montague family. Romeo, out of his passion for Juliet, rejects his family name and vows, as Juliet asks, to “deny (his) father” and instead be “new baptized” as Juliet’s lover. This one short line encapsulates the central struggle and tragedy of the play.
http://www.enotes.com/shakespeare-quotes/what-s-name-that-which-we-call-rose

No matter the name, The European Union, European Commission, E.U. or Eurozone, these countries are not playing for love, but for money and survival in the real world- far from Shakespeare’s time.

The flag looks like another spooky eyeball staring at you from The New World Order. There are 12 stars and 27 member states. Maybe it has to do with a clock having twelve positions, implying in time that there will only be 12 members in the future or that time will tell if the Eurozone survives.

More on the EU or Eurozone here at  http://en.wikipedia.org/wiki/Portal:European_Union and http://en.wikipedia.org/wiki/Eurozone.

Greenland is the only territory to have left the EU and it would appear, it was a smart move.

For all the implications  for the value of sterling and gilts of talks to form a British government, investors are this weekend probably more concerned about negotiations to stabilize the euro involving the European Central Bank and European government heads – as Jim O’Neill of Goldman Sachs pointed out on the Today Programme.

The big threat, not just to the health of the eurozone economy but to the world’s prosperity, is that Continental banks are finding it harder and more expensive to borrow for longer periods on wholesale markers.

That’s because their creditors are worried about their substantial loans to overstretched eurozone governments, through their respective holdings of assorted eurozone government bonds.  http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/05/the_ecb_matters_more_than_cleg.html

In the midst of a financial disaster, we have a new flag.  Whip dee do.

On a rather sketchy legal basis, the leaders have told the European Commission to meet on Sunday and draw up plans for a “mechanism to preserve financial stability in Europe”.  The body that met today has no legal status, though Mr Sarkozy kept talking about “the council of the eurozone”, which I have never heard of before. When the European Commission has finished drafting proposals for this secret weapon on Sunday morning, it will be approved by the finance ministers of the EU’s 27 member countries on Sunday afternoon, and the new mechanism will be in force on Monday morning, in time for market opening, Mr Sarkozy said.  http://www.economist.com/blogs/charlemagne/2010/05/euro_crisis_0

Funny thing is, President Nicolas Sarkozy is not in anyway a leader of this group.  Ahh the limelight. 

The only other name change I can recall for a group of member states is when President Bush and subsequently President Obama, refer to the U.S. as The Homeland. 

The Homeland term is derived from and equivalent to the German Nazi term “der Fatherland”. Der Fatherland was used by Hitler to impassion Germans with patriotism, diverting their attention from laws, legislation and programs authorizing genocide and ethnic cleansing. http://www.urbandictionary.com/define.php?term=homeland.

Does the Patriot Act ring any bells in diverting law?

North American Union Logo

When the North American Union Logo shows up on a Flag in America you’ll know we are destined to see the end of U.S. Currency and sovereignty.  It sounds just like what has happened to the countries of the Eurozone.

HT to  http://www.waykiwayki.com/2010/05/just-quickie-as-im-pretty-busy.html

flag tounge      

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