EU: Treaty of debt (ESM) - stop it now! - 2 Translation(s)

EU: Treaty of debt (ESM) - stop it now!

Duration: 3 minutes and 53 seconds

Country: Belgium

Language: English

License: CC - Attribution Non-commercial No Derivatives

Genre: Documentary

Producer: http://www.youtube.com/watch?v=5CZr17HLH5U

Director: mustwatch.eu

Views: 12,408 (9,472 embedded)

Posted by: reformy.cz on Oct 28, 2011

ttp://www.abgeordneten-check.de/karte.html?c=69 "EU: Treaty of debt (ESM) - stop it now!" on Abgeordneten-Check.de Die EU droht sich in eine schuldenbasierte Transferunion, eine

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Are the european union and its common currency facing a crisis?
What can and should be done?
The EU was planning a new treaty called the European Stability Mechanism or ESM.
A treaty of debt.
Members of Parliament all have access to the draft legislation.
The authorized capital stock shall be seven hundred billion euros.
Question.
Why seven hundred billion? Where did that number come from? And by whom and on what
basis was it calculated?
ESM members hereby irrevocably and unconditionally undertake to pay on
demand any capital call made on them within seven days of receipt of such demand.
Question.
Nothing really. That part is clear. If the ESM needs money we have seven days to pay.
Taking normal bank processing times into account
that means we have four days to write a check.
But what does "irrevocably and unconditionally" mean?
What if we have a new parliament, one that doesn't want to transfer money to the ESM?
Do we have to pay anyway?
The Board of Governors may decide to change the authorized capital and amend
Article 8 accordingly.
Question.
Pardon me?
Seven hundred billion is just the beginning?
The ESM can stock up the fund as much as it wants to
anytime it wants to?
And we would then be required under Article 9 to irrevocably and
unconditionally pay up?
The ESM shall have full legal capacity to institute legal proceedings.
The ESM, its property, funding and assets
shall enjoy immunity from every form of judicial process.
Question. So the ESM program can sue us but we can't challenge it in court?
The property, funding and assets of the ESM shall be immune from search,
requisition, confiscation, expropriation, or any other form of seizure,
taking or foreclosure
by executive, judicial, administrative or legislative action.
Question.
Immune from judicial action was covered in the last point but this means neither
our government's nor are legislatures nor any of our democratic laws
have any effect on the ESM organization?
That's a pretty powerful treaty!
Governors, alternate Governors, Directors, alternate Directors, the Managing
Director and staff members shall be immune from legal process with respect
to acts performed by them and shall enjoy inviolability in respect to
their official papers and documents.
Question. So anyone involved in the ESM is off the hook?
They can't be held accountable for anything? And does the inviolability
of their papers mean we can't destroy them, or that we won't even be allowed to
see what's been written?
The treaty establishes a new intergovernmental organization to which we are required to
transfer unlimited assets within seven days
if it so requests.
An organization that can sue us but is immune from all forms of prosecution
and whose managers enjoy the same immunity.
There are no independent reviewers
and no existing laws apply?
Governments cannot take action against it?
Europe's national budgets in the hands of one single unelected
intergovernmental organization?
Is that the future of Europe?
Is that the new EU?
A Europe devoid of sovereign democracies?
Is that what you want?
If that is NOT what you want, write, email or call your government representative.
It's your right to protest!
euroseptik.cz :: reformy.cz :: svobodni.cz

EU: Treaty of debt (ESM) - stop it now!

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