Secret Squirrel Investigates The Really Worthless I.O.U. That Money Is.

Did you realize that banknotes are just I.O.U.’s, but they won’t

let us print up our own I.O.U.’s but then we’re using I.O.U.’s but they’re somebody elses, and we’re given these I.O.U.’s to use but

are never really paid? An IOU (abbreviated from the phrase “I owe

you”) is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable

instrument and does not specify repayment terms such as the time of repayment. IOU’s usually specify the debtor, the amount owed, and sometimes the creditor. Which means all we really have and hold are debts,as a direct result.But the definition says that money

extinguishes all debt. IOU currency would put Greece in line to

quit the Euro……….which is in itself an IOU currency…but it

is being made worthless by more printing of it, whilst the USA

prints up more and more of it’s I.O.U. currency and so it increase

in value because it is U.S.A. currency, you see…no Euro nor Greek I.O.U. currency. A company’s IOU is counted as an asset on the balance sheet because another party owes that company money or goods.

 

When banks make loans, they create money. This is because

money is really just an IOU,so money is just an I.O.U. and the

banks are rolling in it. Now, government, such as the U.S.

government, when it wants money for The System, it prints up a

Treasury Certificate, which is ALSO, an I.O.U. promising to pay the

Treasury Department, whatever, whenever,however, IF it ever can,

the Treasury Department then prints up the money which is in fact

just I.O.U.’s.The government must create and then SPEND its dollars in order for the private citizens to earn the dollars they need to pay their taxes.

 

So, if government doesn’t need your tax dollars in order to spend,

does government tax at all?It is based on the insight that the

government DOES, in fact, need to collect taxes, but the “taxes” it

collects are not your “tax dollars.” Taxes drive money—in other

words, private citizens are willing to provide goods and services

to the government in exchange for government’s paper dollars

because they NEED those dollars (government I.O.U.s) to pay their future taxes. A paper dollar, printed by the sovereign U.S.

government, is nothing more—and nothing OTHER than—a tax I.O.U. which states, in effect: “The sovereign U.S. government owes the bearer one dollar of tax credit on the day taxes are due.”Because of this I.O.U. pledge, the government is able to use the paper dollar, in the MEANTIME, to purchase real goods and services from private citizens and businesses. The citizens and businesses are willing to exchange their real goods and services for the paper dollars because they will NEED the I.O.U.s (dollars) to present to the government on “tax-day”. When the government collects “tax dollars” it is NOT collecting something it “needs” but, instead, is simply collecting back (or cancelling) its own I.O.U.s (The ACTUAL taxes are the real goods and services it had prevIOUsly received in return for those I.O.U.s). A paper dollar is a tax I.O.U., what is a Treasury bond?

 

The common understanding is that Treasury bonds represent a “debt” which the government must “repay” in the future. But look how our new perspective requires that view to shift:a private citizen “buys” a Treasury bond. What takes place? The citizen exchanges say a hundred paper tax I.O.U.s for another piece of paper (the Treasury bond) which is…what? It is another government tax I.O.U. pledging to pay, at a specified time in the future, a hundred and SEVEN paper tax I.O.U.s (the original hundred plus 7 percent interest.) What is unique in this transaction is that, while it appears the government is in “debt” to the citizen, what it “owes” the citizen is nothing more than its own promise to accept these I.O.U.s (dollars) as tax payments.

 

In short, money as such is entirely worthless,just so much printed

paper, to promise payment of something or other,which does in fact not really exist at all as such……For some reason they system

has broken down in Europe, the Euro becoming and being regarded as worthless, which is in fact a reality, it is as worthless as the other currencies in Europe are or were, and the only currency solidly worth something and regarded as something is the American dollar, an I.O.U. based entirely on Treasury Certificates, which are I.O.U.’s which permit the printing of more I.O.U.’s and also Treasury Bonds which people buy with their I.O.U.’s and are a form of the Treasury Department collecting I.O.U’s such that it has something to show for it all. So what’s the problem with the Euro nations, they can’t seem to print up enough to satisfy demands…are there sufficient presses available to print up the I.O.U. money papers. What thence is the problem that makes Euro money paper worthless compared with the U.S.A. printed up I.O.U. money papers?

 

Or is it then that the I.O.U. money papers printed up in certain

locations are thought of being worth something or other much more than those printed up in their local area? So there we have it, the I.O.U. money converted to nothing or less than nothing or something depending if it’s regarded as being worth something or other of which we know not what,depending on where it is printed up. At least so it seems.

 

Secret Squirrel,

MRL,MP,(Dunny On The Wold),

Minister For Re-Deranged Re-Engineering.

Secret Squirrel Proposes The Choco Bar As Currency.

Secret Squirrel has come upon chocolate, become fascinated by it, in more ways than one, besides liking it.Chocolate has quite an interesting history, not that we’ll go in to ALL of it, be we will touch base with some of it.

In France, chocolate was a state monopoly.
According to legend, the French court’s love of chocolate was sealed when its new, self-confessed chocoholic queen, Anne of Austria (daughter of King Philip III of Spain), married Louis XIII in 1615(She and he were 11 at the time).Chocolate became an instant status symbol, and by decree, no one but members of the French aristocracy were allowed to drink it.

In England, anyone with money could drink chocolate.
The first chocolate house opened in London in 1657. Like coffee shops, which became popular much later, chocolate houses were places to enjoy a hot drink, discuss politics, socialize, and gamble.Many chocolate houses admitted only men. Others were open to anyone who could afford the entrance fee.

In countries like Ghana and Ivory Coast, people rarely eat chocolate because it is worth more to them as a trade product than as a food.

Well Candy is dandy, and at times even yet money……….here consider…….In the decades after WWII, Italy had some serious money problems: bills with so many zeros they make your eyes swim. And small change? It was just too crazy. The smallest bill was 500 lira. 5 lira coins and 10 lira coins, valued at less than a penny, were hardly worth the trouble, but many kinds of purchases ended up with these small amounts in play. The mint couldn’t keep enough coins in circulation to meet the need for small shops. So most of the time, when you went to buy groceries or
a pack of kleenex or a newspaper, you’d pay with a bill and get your change in, well, stuff. I got bandaids once, and a pencil another time. But the most popular alternative was candy.

This seemed quaint and charming to me at the time,  a happy traveler just passing through. But there were problems. Because it turns out that although the shop can give you candy as change, they are unlikely to accept candy as credit toward the purchase of something else.  Modern economies depend on MONEY as a single currency of exchange in every direction. Candy just doesn’t do.

Well, Italy solved its problem when everybody joined the Union and the Euro took the place of their desperate currency in 2002.  But it turns out that the candy money problem pops up in other places as well.

For example: in Indonesia, a recent study revealed that 10 percent of the country’s retailers are giving change in candy. This has evidently been a long standing problem. In  July, the retailers association agreed to stop doing the candy thing, and use only coins. The government promised to make more coins so no one would have the excuse of coin shortage. But still, the candy rules the cash
register. The shop keepers claim they are charged a 1 percent premium by the banks for stocking change, so they prefer using candy.

Now take note that when the Euro replaced the franc on 1 January 1999, the franc was worth less than an eighth of its original 1960 value.The price of chocolate, and candy bars, has steadily risen, never declined.28 Jan 2008 – Price of Hershey’s candy bars going up 13% … The price increase, effective immediately, boosts wholesale prices by 13 percent on standard The Hershey Company says it is raising
wholesale prices by 9.7% on most of its candy products.
26 Nov 2009 – That means that nearly half of the price increase in candy bars has come in just three years, for about a 24% increase in price per year.The price has never ever fallen you know, just increased.

Now ponder this out,1 euro = 1.2771 Canadian dollars….1.28 US dollars….1.24 Aussie dollars………….so what with tax………a choco bar is a taxed euro,really at the present, say Canadian rate of $1.50 as found in the candy bar machine, consistant with all candy bars,of any variety and any size, therefor, the euro could be replaced by the much more useful candy bar exchange system………….say the choco bar.In short the simple solution to end the world debt crisis is to a
form of a currency candy bar.

“Currently, we are printing euros just as fast as we can,” an EU spokesman said. “That lowers the value of the euro and reduces prices on our exports, so we can be more competitive on the world market.” And so too is everyone else in the world, and this lowers the value of the currency itself, and the currency against other currencies, each and evry one in turn and aginst the other.In short currencies are unstable, and keep falling in value, subject to inflationary trends, and overprintings and whatever have you and we. Well consider this, I have mentioned, that candy bars never fall in value, rather the rise in value, currencies fall, and they may rise, but bbasicly candy bar prices remain stable, or, rise,never fall.In short they themselves have their upward valuation affected by inflation such that they simply rise in value, never fall in value, the currencies fall in value against the choco bar you know. An economic fact,and indisputable economic fact.And plainly and simply, it doesn’t matter how many choco bars are manufactured by any and ALL companies, and marketed, their price does NOT fall, it remains constant OR RISES…….NEVER FALLS IN VALUE!! Now that’s bang for the buck, solid bang,constant bang, unfailing bang,unyielding bang,undeclining in value bang!The economics of it is utterly indestructable!

Now picture this, the use of the choco bar as a global currency standard! Yes, it can be used as an exchange currency,indeed even today, and even yet need really not be stored, you see the idea of the exchange is really an utter and complete artificiality, in reality, but the bars themselves do exist.

In short say convert the value of a lira sale to choco bars in value, say at the going rate, then,doing an uneccesary physical transfer(we can substitute a litteral artificial on paper only transfer), convert from the choco bar value to whatever ,say ,dollars.You see.it works, the choco is an exchange currency quite simply, and existing real and tangible exchange currency which never declines in
value,only rises. The deal is done, exchange is made, no problems!How different this is from the US dollar which has been used in the past, but noadays is being frowned on as a simple fiat currency, paper print up. Well the Americans can print up their currency whilly nilly and not have problems, but not it seems the Europeans.Clearly we need a new transfer currency FOR ALL and I SAY FOR ALL. The choco bar is to be used as a base exchange currency!! Indeed nodoby can complain about how many choco bars exist, or are.manufactured,the US dollar is manufactured too, so who are they to complain.It works, across so many levels! Indeed should nations decide, they could conceivably have candy bar holdings in
tangible storage facilities, but these would require some refrigeration, or the facility held in a neutral site bank of convienience, say Greenland…BUT in terms of the artificiality of currency transactions in the first place, the existing stocks spread out in every nation’s vending machines can and would simply do. Unquestionably.

There you have it, the Euro as a choco bar, the dollar as a choco bar, the Drachma as a choco bar,indeed all the world’s varied currencies converted to the choco bar,for the purposes of exchange, and yet everyone would have a choco bar currency exchange rate of equal value!! Problem solved! The choco bar as currency.The world economy is saved! Saved by Secret Squirrel!

Secret Squirrel,
MRL,MP,(Dunny On The Wold),
Minister For Re-Deranged Re-Engineering.

Secret Squirrel Recommends A Binding Britainwide Referendum On Leaving The EU.

Secret Squirrel has noticed massive discontent with the European Union in Britain.It’s people resist the intrusion of the EU, the erosion of British weights,measures,values,laws and whatever else,et all replaced by those of foreign lands, specifically those of France and Germany, but not those of Britain there.The British people see a subjugation, a suzarainity(subservient slavery).Britain and it’s people, is a tributary to the EU,basically the views and opinions of France and Germany which carry through on all occasions, those which now controls Britain’s foreign affairs while allowing the tributary vassal state that Britain has become ,some limited domestic autonomy.The EU head, IS NOT ELECTED,nor by the British people, they had no say, they have no say..he is….a dictator by all standards,yes, The President of The European Commission,is appointed by the European
Council and European Parliament the “elects” him,or her,for five year terms…….NOT elected,a definite problem in legitimacy,in democracy.Direct democracy is a great principle,and the EU lacks this British principle.Discontent has grown immensely,and the Daily Express is championing and running a petition,to be presented to the government of the people of Britain,thence asking for, if they,the British government, will consider, a referendum, binding on Britain withdrawing from the European Union.THE great British public has a chance to help force a key vote on Britain leaving the European Union.

This newspaper’s (The Daily Express) historic crusade – the first to demand that Britain must quit the EU – has already been backed by almost 400,000 people by a postal coupon campaign earlier this year.The British Government has said it will consider any public campaign backed by 100,000 signatures for a debate in Parliament. (Should you,the people of Britain, wish to add your name to the Petition, do so here…..

http://www.express.co.uk/web/referendum

and then hope the government allows the referendum, and is willing to follow the outcome of the referendum(other improper and inadequate nations,dictatorially, hold internal referendums, but only follow them should the outcome be to their wishes, and not,when contrary to those,sadly).

The reasons to leave the Eu are many besides the sad events mentioned above.In the past year the UK has stumped up a colossal £12.5 billion to help rescue Greece, Ireland and Portugal with bail-outs.With possible further economic disasters looming large on the horizon in Spain and Italy the financial noose on Britain from Europe could tighten even further. In short, the EU is entirely misruled, and in a confused state, and is an economic runaway train, hurtling down a steep downgrade,unstoppably,due to economic incompetence of a great many of it’s constituent nations.The WILL continue along this path, inevitably, and they can
and will take Britain down the abyss with them.We’ve got our own pound, our own currency. We don’t need to be in the EU. Half of Europe is falling apart at the moment.We’re better looking after our own interests, our own laws and finances.Opponents of the EU are also ­angry about the threat to Britain’s democracy by meddling Brussels bureaucrats. Critics claim we have lost control
of immigration due to EU freedom of movement laws.Our base law and order system – and basic ­common sense – are being undermined by the European Convention on ­Human Rights.

So let’s look heavily and critically at the most definite disadvantages of remaining, or being in,specifically,the European Union………..

1. Common Agricultural Policy.

The CAP has been reformed, but arguably it still is an inefficient method of subsidizing the declining agricultural sector.
For a long time the EU has maintained target prices for agricultural goods above the market price; this has various disadvantages:

Higher prices for consumers
Higher Tariffs on Imports required, this has been a stumbling block to trade
High prices encouraged oversupply. EU had to buy surplus that was created.
Expensive for EU Taxpayer. – CAP budget accounts for nearly 50% of total EU budget. It costs UK £14 billion per year.

The UK has a relatively small but efficient agricultural sector, therefore it benefits the least from CAP.The inefficient benefit from it, and this only yet more encourages yet more inefficiency, hence much more cost within the CAP, which Britain is funding.In short, it encourages farmers in Europe to sit on their behinds,and collect subsidies,costly subsidies, for listening and watching rocks grow.

2. High levels of Bureaucracy and Administration within the EU.

The Bruges Group, a Eurosceptic think-tank, estimated that the combined direct and indirect costs in 2007 will amount to £100,000 a minute, or £52.4 billion — about £2 billion more than this year. This includes £20 billion in the additional costs to business of regulations emanating from Brussels.Britain funds a massively inefficient bureaucracy,mirroring such groups within each respective member nation,mirroring quite uselessly what already exists.

3. Increased Immigration.

A single market requires free movement of labour. This has led to an inflow of immigrants from Eastern Europe, this has placed a strain on housing and other amenities in the UK,amenities in the publicly funded social services as well.In short the massively unemployed are coming to Britain to there claim the common welfare and hence be paid for being unemployed.Previously this was a system,controlled, for those in need,in Britain, Britain is now funding the unemployed and unemployable of Europe who arrive, in much the same fashion as America has it’s problems with Mexico and Mexicans, so has Britain the same problem with
Europe and the Europeans,a costly monetary vampirelike problem,a wandering gypsy roma people sucking the monetary blood out of Britons.By EU laws, they can’t be ejected and sent back,nor seemingly kept out.

4. UK Can maintain some benefits outside EU.

The main benefits of the EU are free trade,supposedly. However, the UK could retain these benefits, even if it left. For example, Switzerland is not in EU but benefits from EU trade,nor Norway, nor even yet Mexico.Countries as diverse as Canada, Brazil, Mexico, Australia and India all have smaller economies than ours, yet all manage somehow to trade with the EU and the world without being in the EU.

5. Labour Market Inflexibility

EU Social Policies like the Social Chapter have increased labour costs and reduced labour market flexibility. Therefore, by leaving the EU, we would be able to abandon restrictive labour market practices, and therefore reduce unemployment and increase competitiveness.

6. With expansion into the East the UK no longer receives regional policy.

EU leaders are determined on political union.  This is clear from the way the Lisbon Treaty and the Constitution were driven through, ignoring their rejection by popular votes in Ireland, France and Holland.Hardly is this then a democracy.   Polls show
that massively in the UK the vast majority,does not want the political union, and more and more want us to leave.

We can leave the EU, and have a free trade agreement with them.  We would prosper outside as a free and independent country, trading with every part of the world, as we have always done,and we would be as every other free trading nation in the world.Face it, they exist happily outside of, and without,the European Union.Of Course we Can Leave – our Parliament is Sovereign we can leave the EU, because no UK Government can bind its successor.  We are subject to EU rules only because UK legislation says that we are. Statutes are passed through Parliament to implement each EU treaty.  These statutes require UK judges to have regard to EU law in making their judgements.Repeal this UK legislation, and we are free. EU law no longer applies to us. The debate with the EU would be about how best to manage our leaving, not whether we can leave. We don’t have to pay anything to leave.  In fact we will stop paying into the EU budget – more and more every year.Yes, we pay in to the EU budget, massively,every year.
All forecasts predict economic decline for the EU – this from the European Commission itself.  The single market and the euro have failed to boost EU trade, jobs and economic growth, according to a devastating report from an official French think-tank, which includes 40 of France’s best-known economists.   “Economic Policy and Growth in Europe”* was published in 2006 by the Conseil d’Analyse Economique, chaired by Prime Minister de Villepin.  It says “economic integration has stagnated and no longer promotes growth. The Euro’s creation has not produced the knock-on benefits expected…  The inability of the EU to revive the economy turns investment away”

Leaving the EU would:

Save us over £7 billion payments into the EU budget every year, plus the estimated £50bn annual net cost to the UK economy

Let us control our own borders and set our own immigration rules.

Reduce the cost of food, and let British farmers meet market needs by growing what they want.  This would directly benefit

our poor, who spend more of their income on food.

Give us back control over fishing in our 200 mile territorial waters, and revive our fishing industry.

Abolish over 100,000 pages of EU regulations, which hamper our businesses and rule our lives.

Let us help the Third World with trade and aid in our own way – far better than the EU does.

Eliminate the EU threat to our legal safeguards and the rights of the individual.

Restore our right to govern ourselves.

also we would avoid tax harmonization….

What are the disadvantages of tax harmonisation?

Some Member States, particularly the UK, consider the setting of taxes by the EU as a ‘step too far’. For the UK, raising corporate tax is a move away from the taxation policy of the last 20 years. Some poorer regions of the EU may wish to use lower corporation tax to encourage firms to establish themselves in the region. For instance, Ireland has used lower tax rates to bring in foreign investment.Firms will tend to establish themselves in clusters in order to benefit from having similar businesses in the same area.
Therefore, the level of corporation tax may well be offset by other benefits.   If Member States are able to increase taxes, they are better able to control their budget deficits – an important area of economic policy in the eurozone,they,and we, won’t be able to.All round there are no advantages to Britain remaining in, nor being in, the European Union, only disadvantages.It IS necessary for Britain to withdraw from the European Union.The government can honestly gauge public opinion with respect to this through the allowance, and honest adherence to, an honest referendum to determine the fate of Britain, Remain In The EU, or, Withdraw From The EU.The best course of action would be the latter,but first, we must impose on the politicians of the day, their promise to hold one should the public show sufficient interest. Do take an interest in Britain’s future, your future, sign the Daily Express petition, and thence, when the government keeps it’s solumn oath, and provides it, get out and vote for the best interests of Britain, your own best interests.

Open Europe estimates for EU-27 budget for 2007–2013 in euros  Member state

from:http://en.wikipedia.org/wiki/Budget_of_the_European_Union

To EU  From EU   Diff     Ratio  Population     Benefit per capita
Austria         19     10     −8.5     0.526     8,298,923     −1024
Belgium         33     39     +6.4     1.182     10,584,534     605
Bulgaria        2.3     12     +9.7     5.218     7,679,290     1263
Cyprus         1.1     1     −0.1     0.909     778,684     −128
Czech          9.2     31     +22     3.370     10,287,189     2139
Denmark       17     10     −7.2     0.588     5,444,242     −1322
Estonia         0.8     4     +3.2     5.0     1,342,409     2384
Finland         13     9     −3.7     0.692     5,276,955     −701
France         140     89     −51     0.636     63,392,140     −805
Germany       164     78     −86     0.476     82,314,906     −1045
Greece          15     40     +25     2.667     11,171,740     2238
Hungary         8.4     32     +24     3.810     10,066,158     2384
Ireland          11     12     +0.6     1.091     4,312,526     139
Italy             116     70     −46     0.603     59,131,287     −778
Latvia           1.4     6     +4.6     4.286     2,281,305     2016
Lithuania       1.7     9     +7.3     5.294     3,384,879     2157
Luxembourg    2.3     10     +7.7     4.348     476,187     16170
Malta             0.5     1     +0.5     2.0     407,810     1226
Netherlands     37     13     −24     0.351     16,357,992     −1467
Poland            22     87     +65     3.955     38,125,479     1705
Portugal         12     29     +17     2.417     10,599,095     1604
Romania         7.2     32     +25     4.444     21,565,119     1159
Slovakia         3.5     14     +11     4.00     5,393,637     2039
Slovenia         3.1     6     +2.9     1.9354     2,010,377     1443
Spain             76     78     +2.2     1.026     44,474,631     49
Sweden          20     9     −11     0.450     9,113,257     −1207
United Kingdom 103     46     −57     0.447     60,816,701     −937

Polls on the European Union show that more and more British people want to leave the EU. An Angus Reid poll in July 2011 showed that in the event of a referendum on the UK’s EU membership, 49% of Britons would vote in favour of leaving the EU and 25% would vote to stay in. Any advantages once thought to derive from EU membership are now far outweighed by ever-increasing disadvantages.  Few of us are enthusiastic about keeping 54,000 Brussels bureaucrats in luxury, or paying an extra £10 a week in higher food costs because of the CAP.  We could make much better use of that money ourselves.The EU Admits it faces Economic Decline,Economic Failure, FAILURE of a doomed union,the euro has and is failing, it only remains to bury it.

As with fruit, the Eu has surrounded itself with economic rot nations, around a central core of hardier nations, however, as with all rot,mold and fungus, the rot,mold,the fungus of the outside, penetrates towards, and reaches and corrupts the core,ultimately.I,Secret Squirrel say,let there be a referendum for the people of Britain, a free and binding referendum, let the people be the judge, let the people decide their own fate,the fate of their nation.Let freedom ring.

Secret Squirrel On The European Union,To Be Or Not To Be,A Nation?

Secret Squirrel turns his attention to the strange entity,known as Europe,The European Union,as it’s called ,it’s formation and transition,from the economic union of the European Economic Community (EEC), to the presently evolving European Union (EU), and how it,Europe,a United Europe, regards itself and most definitely appears to be at the present time,a Nation,a single nation, a singularity,rather than a plurality, rather than a simple union,an old boys club as it were.Well it isn’t an old boys club, but rather,indeed, it is functioning as a single nation,indeed many time,s and at and on many levels.It does have a unified military command,the structure is there,yet each member nation state has it’s own internal army,even yet Navy, but functions in a unified force,directed, when it functions as NATO,visibly with respect to conduct directed at the oil rich Arab nations.

Picture this,a Europe,united,the European Union, has a central parliament,makes some laws for ALL to follow,and they must follow those, allows individual states of Europe to have their own local laws,as the United States does,as did the American
Confederacy.They appointed a President over it all,as it were, but the President is not elected out of the people of Europe, but rather in a form dictatorially appointed by representatives of the member national states of the European Union.The Confederate States of America, did much the same thing, first appointing a President out of their selection, then moving towards a form of
election of the President.There is no common Constitution, really as such,but then a much vaunted Constitution is a thing of paper off ignored,twisted and bent as suits item in either case, an artificiality,not really an indicator of anything at all
really,a mere superfluous trapping of an illusion of centrality of sorts.It has a common civil service (the European Commission), a single High Representative for the Common Foreign and Security Policy, a common European Security and Defense Policy, a supreme court (European Court of Justice — but only in matters of European Union law), a peacekeeping force (Eurofor), and an intergovernmental research organisation (the EIROforum with members like CERN). The European Space Agency counts almost all the EU member nations in its membership, but it is independent of the EU and its membership includes nations that are not EU members, notably Switzerland and Norway. The European Court of Human Rights (not to be confused with the European Court of Justice) is also independent of the Union. It is an element of the Council of Europe which, like ESA, counts EU members and non members alike in its membership.There are aspirations, the EU does have a flag, and an anthem,but people in Europe don’t seem to be waving things about, nor singing about them.

They are trying to develop a central common currency, in transition,and do have one ,the Euro,but not succeeding well there in terms of it’s declining faith/value internally and world wide, but in the due process entirely moving towards it.It’s currency structure is much that of the Confederate States Of America as it was, and Europe is presently.Each state of the Confederacy still did have and use it’s own currency, but yet also there was the agreed on unified currency,the Confederate Dollar.The appearance of a single currency in Europe is the first such monetary instrument since the Roman Empire.Financial the states(nations of Europe), maintain their own systems of taxation,and the European Parliamen Presidency has not levied a Federal income tax,in unanimity over all of Europe.Indeed individual states still control their own economies, and the confusion of their internal and separate external financial economic dealings disorganized to the extents there are individual “bankruptcies” occuring, which is heavily pressuring their common currency. indeed the United States also suffers internal “bankruptcies”(in reality,but not regarded as being such,one must keep up appearances),however their currency isn’t unduly pressured(it being the peg mark of the world presently and so sits as the untouchable prima donna,on a pedestal currency immune to such things as the common devaluation all the lesser bagmen currencies suffer from).

Now isn’t Europe as it is then structured as the United States,is really,and in terms of view of the American Confederate States,in having a Central Federal type of central government, thence also separate nation/state governments much as the American states are,(and the Confederacy was) and so shouldn’t it therefor be considered to be as ONE country, as it were, in all things? Now citizenship?Yes, it is possible to be a European Union citizen,besides beign a citizen in any specific country state, those of Europe ARE European Union citizens.Consider,The European Union (EU) consists of 27 individual countries, which entitles all citizens to live, travel and work in the country of their choice. Citizens can freely travel, work, retire, or just vacate without any problems in any EU country. The European Union provides individuals and families with choices that other individual countries around the world cannot offer. The “Single Market” that was created in 1993 states that people, money, services, and good can move freely within the European Union. Currently over 450 million EU citizens are provided with these options.The 27 EU
countries have different immigration programs in terms of foreign work programs,true,different ways to obtain citizenship,different unemployment rates,different inheritance of citizenship, and other official immigration programs which allows individuals to live in one or several EU country states. Some immigration programs can end with a citizenship while other programs are time limited and related to work or tourism. The advantage of citizenship in an EU country is that the laws and regulations of the EU is applicable to any country that you decide to live and work in.An individual who becomes a citizen of any EU country automatically is granted EU citizenship. EU citizenship is not a separate “national” citizenship, but is related to the individual’s rights in any of the 27 EU countries. For example, a citizen of Poland has the right to move to Spain and
work/retire legally. In short,the basic pattern here matches that of The United States of America,and the individual states that make it up.

Now should European Union be regarded as being a nation, a single nation, made up of unified country states? It functions as such to all intents and purposes, but not being regarded as such, the European Union nation has,most definitely,an unfair
advantage,say in sports for example, the Olympics.Why should each state of Europe be allowed to send so very many athletes there for, whilst the United States gets to send, by comparison, a very few? Most certainly this puts Europe at an enormous advantage in terms of the so-called, thence, International sports,the so called World Cups. Shouldn’t also Europe,the European Union, then be forced to close hundreds of diplomatic missions etc abroad, and then be forced to have one in each,the European Embassy etc as does the United States,and Australia etc and other separate nations? Shouldn’t, indeed,Europe be forced to ONE seat at the United Nations,ONE seat on all United Nations Committees of whatever kind,and,of course, ONE seat on the Security Council as well, in keeping with global propriety and fairness to ALL the other nations of the world?Shouldn’t the European Union, as it is, be forced to be regarded as a single nation and treated as such ,in fairness to all nations of the world?

Presently,maintaining an unofficial Confederated States Of Europe,puts Europe at a distinct advantage in the way things work.One readily sees this in the example of the Olympics and the World Cup, the deck is most definitely stacked in favour of all things European. And so too, thence, in bodies such as The United Nations, the deck is stacked in Europe’s favour,in any and all votes, Europe has a far larger number votes thence, and more votes are good votes.In manners of keeping up appearances a few states must vote against. In the security council, Europe has a total dominating,controlling role.In the world militarily,such as in the present on going domination of the Arab oil states, the instrument of the European NATO is seen as a deciding,determining, factor,all the while still having the aura,illusion, of the activities not of a single driven entity,but that of separate nations merely acting as one. Indeed,there is the old adage, there is safety in numbers, the greater the numbers the better,but in plurality there is dissension,the confusion of the many-headed Hydra, whilst in singularity,there is drive,motive,direction. Indeed one can only ponder, what direction is Europe taking.

Secret Squirrel Considers The Problem Of The Euro

Secret Squirrel here ponders Europe’s,The EEC’s, The European Union’s, The European Confederacy’s,currency,the Euro(also known as the Ecu), and their individual currencies, et all. In short, here we are taking up,Eurology, also known as taking the piss out, as Euro IS Greek for
piss, and very close to the actual truth it is as well.Firstly we have to ponder and consider what Europe as it presently is, is, in reality.Well, they don’t claim to be a country, but they do have a unified Parliament, with an elected but appointed (as of lately),President,(the people don’t get to vote, the States do, much as did the American Confederacy),and this parliament can rule, overrule the individual nations that make it up, in short, and in right proper terms, it is not specifically a nation as the United States is, not a Union as it were, but a Confederacy as it was, and as Europe is. Fine, so in structure, it seems they wish everybody to believe that they are separate, and individual,but and not a collected aggregate of states, as in the individual states of America, and so The United States, in the American Union.However they ALL must follow the rules of the Parliament, laws etc etc etc.If there is dissent, with a law,
the problematic law can be avoided in implementation in that location,but only for a time, and then must be conformed with.Militarily they seem to presently be able to control their individual armies, but we notice reductions taking place, particularly in England.They have not gone to what seems not to be, a unified military command,nor uniformed unified military.

Out of the European ,military alliance, this NATO, with some outside Europe member, and out of the EEC,The European Economic Union, was born,actually, the present entity that this so-called so-called United Europe is. It was out of this Unification of sorts, though it may be of all sorts, very much out of sorts, they derived the idea,of some
sorts, of a common currency, The EURO. Indeed the idea was simplistic, a Euro was worth so much of the nation state’s own currency.The basis was the fact that the many currencies of the world seemed to be pegged against the dollar, the US dollar, in short their value fluctuated against this fixed dollar,being worth so much against the dollar and compared with and to the dollar.

In practice, and reality, this was the same then for all member states, they could, for a time, continue to use and keep their own currency, but also use this second common currency,of fixed value, their currency being worth so many of their monetary units versus it, versus The Euro, the single Euro.In good time, the idea was to thence eventually abandon the state currency and use only the Euro.

It works in theory.It worked for America, as the individual states all had their own currency bfore they went to their common dollar.It worked at the time of the collapse of The American Confederacy which used their Confederate Dollar,when the Confederated States were absorbed,by military defeat, in to the United States, The Union as it were.So it works, and did work, in practice. But then there’s the reality of Europe,today, where nothing and nobody seems to work.Is the Euro in trouble? Yes, it’s value has gone down, fluctuated as it were and is. But why?Remember the value of anybody’s dollar or whatever you choose to call it, is purely artificial, it’s value is anything anybody in particular wishes to accept it’s value as being at any given time.Currency is just that, based on the barter system, a potato is worth so many dollars,based on the potato in question, at time of urchase, it can be worth more or less, depending on acceptance. Now, what is causing the Euro not to be so accepted? Well, there is this thing called the economy,which encompasses all goods and services,governmental expenditures,imports,exports,the GDP(Gross Domestic Product….they seemed to prefer this to GNP which formerly was known as The Gross National Product).

Now of the 23 European Union nations, 16 of those use the Euro,as well as several outside the European Union,but here we’ll deal only with those, and their GDP percentile national debt……

Austria           70.40%
Belgium           98.60
Cyprus            61.20
Estonia            7.70 (gee is this’n ever an embarrassment to Europe).
Finland           45.40
France            83.50
Germany           78.80
Greece           144.00
Ireland           94.20
Italy            118.00
Malta             72.60
Netherlands       64.60
Portugal          83.20
Slovakia          41.0
Slovenia          35.50
Spain             63.40

So the total of GDP percentile debt for European Union nations using the Euro, for the Euro, means the Euro European Union has a GDP percentile debt of 72.63% for their agregate GDP.At the formation and attempts to convert to the euro, the euro was run in parallel to the existtant currencies,and things went understandably downhill from there. The national debts of the nations using the Euro rose, and as the debt rose, so then did the value of the Euro fall,falling to the extent that today it is considerered to be a failed currency.Countries that play by the rules can collapse, and yet countries that run up wild debts,ever increasing such as the US, and Japan can remain stable for a lot longer than what math would suspect,their currencies still stable,you see the issue is political,not financial.You see in Europe, the European Union, there is really no central bank internally to control things,there is no central European Treasury with centralised economic and fiscal policy,so all the nations indulged in wild uncontrolled economic spending,particularly, Greece,Italy,Portugal,Ireland,Spain.It is now no longer a question of will the Euro fail, but rather when will it fail.The poorly led weak European governments lacked the essential backbone to take the decisions needed for essential economic reform,restraint, and in place of deficit reductions, engaged in policies increasing deficits with wild,uncontrolled abandon.The Euro,which was seen as a strong central currency within Europe, taking the place of the US dollar, all currencies revolving around it,the currencies rising and falling against it, was in fact not so.

Instead it was the currencies who cumulatively pulled down the value of the Euro globally.Any new attempts at debt restructuring will devalue the Eurozone currency in the same way as several south American countries have in the past.Should the Euro fail,
then a unified Europe,as an attempt as a Union( as the United States)will also fail, and simply become a reversion to the EEC(the European economic Union),a loose Confederacy,(as The American Conferacy).The monetary union WILL fail as each member states debt increases, and as those who join, similarly suffer from debt increases which are in fact inevitable due to the times……..recession has, and will ,kill off the European economic Union.In good economic times, the differences could just
about be accommodated but the tensions became unsustainable when the Great Recession hit.The euro is defective because it seeks to bind together disparate countries which run their economies in very different ways.The attempt at monetary union came at the wrong time, it came at recession,that, and coupled with a lack of central monetary and fiscal policy,there was no ability inEurope to regulate in controlled centralized fashion(as with a single nation),the member states economic activities,and so  it
was doomed to failure,failure since all and each of the individual currencies of the member states and resultant debt overprinting of said currencies,influences and brings down the Euro itself, rather than having the currency itself devalued against the Euro internally.

Secret Squirrel On The Problem Of The Euro And What It Really Isn’t.

Secret Squirrel turns his attention to the present problem of Europe,the Euro, and seemingly collapsing economies of individual Europe nation states,which,in fact, threaten to destroy the Euro itself.Well, why is the Euro in trouble and what was the Euro supposed to be?

The Euro was seen to be a common currency for all Europe, similar in nature to the American dollar with respect to the American States,and so the Euro was to be to Europe and the Unified European states,an equality,and equity,a common, and the common,currency.It works in theory,it works, in concept. It is an idea that should work. What you do, is maintain a two tier system, a system whereby the individual states keep their own currency and economy,and system of economics, and simply tie their currency, each individually and collectively, but separately to a common currency, the Euro. What needed to be done, was simply to keep their own state currency, and have items purchasable in state currency, but also have a suitable value for the Euro against the state currency,maintaining as it were, and individual currency pegged to and against the common currency, the Euro.So in Greece, you could purchase in either the Euro value, or the Greek currency,all things then being equal, in terms of purchasable power value.It could also be applied in inter-state trade etc, as is done in America. However, they systems not being equal, it commenced to, it has commenced to, unravel, and things will get worse, not better.But why?Because the Euro is tied to the individual state currencies, and not the state currencies to and against the Euro as it was supposed to be. Let’s examine what has exposed the problem,the reality of things,and determine the actual reasons why the Euro is failing,for there are more reasons than just one reason.

What with Portugal,Italy,Iceland,Greece,Spain(The PIIGS of Euro-pe),and the threat to their EURO, there is evidence that Europe is itself failing, economically,and financially.They begin to see that with respect to a common currency,they were all better off with their own,individual,state,free market,with their own currencies evidently and in reality, just maintaining an EEC,a European Economic Community,a
Unified Defense Force,and a Unified Political Policy Parliament,but not with a unified currency.The Euro itself sees, fro it’s point of view, that it is in itself better off if there are no other currencies tied to it, that is, were it by itself, the only currency.But it is not the sole currency, and therein lies part of the problem.Europe is a financial failure then?Nay, a complete and utter disaster. The Euro and Europe was an attempt, a unified attempt,to counter, the USA,with its Unified States, and a strong central common currency.However,Europe did work as a Unification of States, but failed as a currency.Why? Well, their own currencies, and ultimate currency(the Euro), are, in fact, based on, and measured against, a common currency, yes, but it is the US dollar and the system of the Treasury Certificate that the Americans use, their economic and financial system, their system of printing Treasury Certificates.What’s happened in Europe that it must bow to this system of the Americans,why and how?Well,the present claim is that the PIIG states of Europe, overprinted,overspent, disregarded debts etc etc etc et all.Well, yes they did, and so to do and will the rest, and they will fail.Why? Again, they are up against their own creation, their own accepted creation, the USA and its currency. You see, all things European are measured against the US dollar. Should the US dollar have been similarly tied to the Euro, the United States and it’s currency would have been in trouble.Why? Well, the American system is simply to, whenever it requires money, to print up Treasury Certificates, of any value it needs, and then it goes to the Treasury Department, which accepts the Treasury Certificate, at the value of the Certificate, files it away, and prints up the stated currency of the certificate.So, the United States has the money it needs, and a massive debt, to it’s own Treasury Department, and an ever increasing, limitless value debt, on ever printed up currency. BUT for Europe it’s different, the Euro-peans are controlled by the US dollar, not their own, and don’t have a similar system of simply printing up certificates to add more currency as they need, to their system.The European Prometheus,has been self tied, and bound,for and
by, playing with fire, for playing economics and finance against and with the Americans and their system, of economics and debt,bound to and by, the currency and system of the Americans, which they,the Europeans, cannot themselves emulate.Europe has and is failing due to it’s belief in a dream system, a system which economically works. The Americans are themselves not tied and bound in that belief, they are tied and bound only by the life of their Treasury Certificate printing press,or whatever company prints them up for the American government, and by the seemingly limitless supply of printer’s ink.The Euro cannot compete with such a  system,it cannot exist against such a system, unless,it emulates such a system………complete and utter conversion.Quite simply all states of Europe must give up all hope against such a system, give up their currency, all Europe goes to the Euro, and all states go to the economics of the US system,at the state level as well.It must be complete and utter emulation,a complete mirror image in all things. What we have presently with the Euro is an attempt to emulate the US system without actually using the US system, and it just won’t work any other way.Unless that is done, the Euro is doomed to failure.