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Nigel Farage Booms “Europe Is Now Run By Big Banks, Big Business, And Big Bureaucrats” | Zero Hedge

Nigel Farage Booms “Europe Is Now Run By Big Banks, Big Business, And Big Bureaucrats” | Zero Hedge.

With Greek Prime Minister Antonis Samaras settling into his role as EU President, UKIP’s Nigel Farage stunned the “Goldman Sachs puppet” with a 150-second tirade of truthiness he has likely never experienced. Farage sacrastically remarks how Greeks “will be dancing in the streets” at Samaras’ ‘successful’ negotiation on MiFiD reminding him that “60% of youth are unemployed and the neo-nazi party are on the march.” Europe is now run by “big business, big banks, and big bureaucrats,” Farage goes on, suggesting the smarmy-looking Samaras should “rename his party from New Democracy to No Democracy.” People do not want a United State of Europe, the outspoken UKIP leader explains, they want a “Europe of sovereign states,” and concludes ominously, “the European elections will be a watershed.”

 

 

…And you come here Mr Samaras and you tell us that you represent the sovereign will of the Greek people? Well, I’m sorry, but you’re not in charge of Greece, and I suggest you rename and rebrand your party – it’s called ‘New Democracy’, I suggest you call it ‘No Democracy’.

 

Because Greece is now under foreign control. You can’t make any decisions, you’ve been bailed out, and you’ve surrendered democracy, the thing your country invented in the first place.

 

And you can’t admit that joining the euro was a mistake – of course Mr Papandreou did that didn’t he, he even said there should be a referendum in Greece and within 48 hours, the unholy trinity (troika) that now run this European Union had him removed and replaced by a ex-Goldman Sachs employee puppet.

 

We are run now by big business, big banks and in the shape of Mr Barroso, big bureaucrats…

Ouch!!

Understanding Europe’s Delusion, Dilemma, And Endgame In Under 9 Minutes | Zero Hedge

Understanding Europe’s Delusion, Dilemma, And Endgame In Under 9 Minutes | Zero Hedge. (source)

If one watches (or reads) any of the mainstream media, it might seem ‘obvious’ that Europe is doing well; it’s recovering; and the crisis is over (almost over..). However, as Punk Economic’s David McWilliams explains in this excellent overview of the European delusion and Merkel’s dilemma, there is a “wedge” of unreality between the so-called “markets” and the reality of economic progress. From playing with Germany’s money to moar bailouts, and from Merkel’s enabling of Draghi’s excess to the reality that nothing has changed across the European region, in under 9 minutes, McWilliams brief tour-de-force is a must-watch before you ‘chase’ more performance with the herd. McWilliams concludes, however, with a darker edge of the inevitable endgame of a “slow trudge” to federalization (and loss of sovereignty) that will likely see Nigel Farage (and many others) apoplectic.

 http://www.youtube.com/watch?v=Jg52VlVTSgw

 

You won’t believe what the French are taxing now…

Simon Black-Sovereign Man (source/link)

At our workshop in Chile some months ago, European MEP Nigel Farage blasted French President Francois Hollande as leading the pack “in the modern day Pantheon of idiots who are running countries around the world…”

You can see Nigel’s scathing remarks below, about 35 seconds in to the clip: (see link above)

Of course, the French president had recently introduced a ‘hate tax’ on its countries most successful people, driving out whatever few productive people remain in France.

But this hate tax was just the tip of le iceberg.

Just look at what they’ve done or announced just in the last month:

Double the corporate surtax

It’s not enough that France has one of the highest corporate tax rates in the developed world. On top of this, they have a corporate ‘surtax’, or a tax on top of the tax.

And earlier this month, they announced plans to DOUBLE it.

Increase reporting obligations

Anyone who has ever started a business knows that a new business is like a newborn baby. It’s critical to focus on growth, not on filling out a bunch of paperwork.

The French government doesn’t care about this. So they’ve recently LOWERED the bar for reporting obligations, requiring a businesses with top-line revenue of just 80,000 euros to submit time consuming and onerous VAT reports to the tax authorities.

Increased pension tax

France has one of the most bankrupt… and unsustainably generous… pension systems in the world.

But rather than completely overhauling the system and expect people to, you know, actually work past the age of 55, they’ve just decided to raise the pension tax. Again.

Energy drink tax

Not to be outdone by Michael Bloomberg’s soda tax in New York City, the French National Assembly has recently proposed to tax energy drinks… as much as ONE EURO ($1.37) per can.

Higher property taxes

Last month, the French government announced plans to revise property value assessments across the country, which serves as the basis for a number of property taxes.

Data tax [my personal favorite]

You can’t make this stuff up.

In one of the most absurd tax propositions in history, the French government now has the idea that they should tax data transfers outside the European Union.

They actually plan on proposing this at this week’s European Summit. Strangely, though, they don’t seem to even understand what this means. They’re just so desperate to tax something… anything. They’re just monkeys throwing darts at the wall right now.

And they’re getting ready for more.

Earlier this year, the French government promised a ‘tax pause’ in 2014, suggesting that they would not raise taxes next year.

Last month, though, they revised this pledge, saying that the tax pause would take effect in 2015 instead.

Needless to say, there will be no pause in 2015.

Why? Because France is broke. Like so many other nations across the West, France has been rendered completely insolvent by decades of unsustainable spending.

France has been in this position before. In the 18th century, the French Bourbon monarchy was the pinnacle of civilization.

Yet decades of unsustainable spending took their toll on the economy. They tried everything– raising taxes, debasing the currency… yet their was no avoiding the inevitable. Revolution.

And this period of turmoil, from the time the French people stormed the Bastille, to the time when calm prevailed, took 26-years.

In the meantime, they had internal civil war, external war against both Austria and Prussia, hyperinflation, and the genocidal dictatorship of Robespierre.

Conditions are similar now, both in France and across the West. This includes the Land of the Free.

We have reached a time where it’s imperative to look abroad at different options and opportunities. Clinging to blind patriotism– staying home, doing nothing, and trusting your government– is akin to taking a toaster into the bathtub.

Wealth and power have constantly shifted throughout history. And the transitions are rarely smooth or peaceful. It’s foolish to assume that this time is any different.

via You won’t believe what the French are taxing now….

 

Nigel Farage Warns “Military Intervention In Syria Could Lead To Something Far Bigger” | Zero Hedge

Nigel Farage Warns “Military Intervention In Syria Could Lead To Something Far Bigger” | Zero Hedge.

 

Nigel Farage destroys Europe’s latest bad idea

Nigel Farage destroys Europe’s latest bad idea.

Nigel Farage On “Wholesale, Violent Revolution” In Europe | Zero Hedge

Nigel Farage On “Wholesale, Violent Revolution” In Europe | Zero Hedge.

 

Farage Unleashed: “You Are Common Criminals” | Zero Hedge

Farage Unleashed: “You Are Common Criminals” | Zero Hedge.

 

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