Showing posts with label EU. Show all posts
Showing posts with label EU. Show all posts

Wednesday, May 23, 2012

The Aryan Whore of Deutschland


Angela Merkel, the German Chancellor who is often compared to the conservative British Prime Minister from 1979 to 1990 Margaret Thatcher, has been under scrutiny lately because of her refusal to relax the economic austerity imposed on the European Union. During a depression that has affected most countries in the world, including ours but more severely the European Union, Merkel has chosen the path of financial austerity. We can say that Merkel and her party, the Christian Democratic Union (CDU), are the European version of the Tea Party that keeps demanding reducing or eliminating costs at all cost, pardon the redundancy, and by the results we can say it’s a path that has miserably failed.
One can argue that Merkel might be doing what is best for Germany, after all Germany is not suffering as hard as Spain, Greece or Italy. Merkel has refused to bail Greece or even readjust their loan’s interest rates, leaving Greece in complete chaos and in a state of desperation that will probably cause their secession from the Union following Iceland’s path since there is no way for them to pay what they owe. Spain will soon follow, the unemployment rate in Spain is almost 25% and if things were bad before, with this austerity the Iberian Peninsula is not likely to improve their chances of succeeding. It is easy for Merkel to demand austerity; Germany’s unemployment rate is not among the highest in the European Union. Following is the latest unemployment rates by country, from the highest to the lowest rate:
Spain
24.44
Greece
21.7
Portugal
14.9
Ireland
14.3
Slovakia
13.7
Slovenia
12.4
Estonia
11.5
Italy
9.8
France
9.8
Finland
8.5
Germany
7.4
Belgium
7.2
Luxembourg
6.0
Netherlands
5.9
Austria
4.3

As we can see above, Germany is not suffering as hard as the other countries in the European Union but Merkel’s refusal to assist or restructure the debts of these countries is taking these countries in a downward spiral from which they might not recover, at least not any time soon. Perhaps these countries should declare themselves bankrupted after all, their working force is diminishing by the day, their debts continue to increase, their credit ratings are dropping and no money is fluctuating to revitalize the economy. It is not difficult to realize that unless something it’s done to stimulate the economy of these countries (Estonia, Slovenia, Slovakia, Ireland, Portugal, Greece and Spain) their only alternative will be to seceded from the Union and declare financial bankruptcy.

This austerity plan is the one that the GOP and Teapers advocate for in this country, and that so many of our citizens applaud... Is anyone in this country paying attention to what is happening in Europe?  Has anyone here noticed the fiasco this austerity plan is?

The GOP has been screwing up America for the last decade and if they get elected this coming elections we might face the same scenario we are seeing in Europe where Angela Merkel might not be hurting Germany too bad, but she surely is fucking Europe and unless stopped, the World.

Wednesday, March 14, 2012

We should only buy china from China.

Yesterday, President Barack Obama and other representatives from Japan and the European Nations filed a trade case against China's monopoly on Rare Earth Elements (REE), which are crucial for the production of today’s technology.

The United States used to mine these metals but China began offering REE at extremely low prices, which our own mine companies couldn’t compete with, so the few mines that existed in the US rapidly closed down.

Little by little, China became the major supplier of these metals in the world, producing 97% of these REE.  These metals are crucial for most of our technological advances, even when we don’t realize it. When we turn on an energy saving light bulb or a microwave; when we buy a hybrid or electric car or go to have a MRI done; when we work or play at our computers or take a picture of our family, your car's battery, your cell phones and many other things wouldn't exist without REE. Actually, you are reading this because of REE, without them there would be no optic cables used for the Internet. That is why these metals are so important and China knows this very well. So now, that the whole world depends on it and China holds the control of the market they have decided to restrict the supply and increase the prices. A very old tactic that still proves effective to this day.

That is the reason for the trade case against China and that is what happens when we, in our efforts to get everything faster and cheaper no matter the consequences, become completely dependent on another nation for our success, our progress, our survival and ultimately our future. It has happened with oil, it has happened with ore, it has happened with REE and it has happened with our household items, our cars and even our clothing. We my friends, produce almost nothing!

I truly hope that one day we learn to become independent, like we used to be. We have every resource in our hands but prefer the quick way out and that my friends, puts our future in someone else’s hands. That is precisely what has corroded our economy and our autonomy. There used to be a time where we were the suppliers of the world, we lead in almost everything imaginable – except perfumes and fashion, which has always been controlled by France and Italy. We were a self-sufficient nation instead of a beggar’s nation and we need to stop our dependency as soon as possible, cold turkey. We must support our President in his quest for the United States to regain that position; we have the know-how, we have the desire, we have the people and damn it, if we don‘t have the people we can hire their knowledge from all corners of the world as we used to, but we must be the leaders of the world once more.  We must lead in the socioeconomic advances, we have to be autonomous for our economy to flourish. There is no reason why we can’t do it, we can take the lead in green technology, we can open our mines and put in place the proper regulations so no damage is done to the environment; we as people can become aware of our environment, become conscious of our needs and stop our wasteful ways. This has become a society of consumption, a society that instead of repairing prefers to throw away and replace, which most likely will be an item purchased at Walmart, made in China and with a life span of 3 years!