European Stabilization Mechanism Treaty - The Final Nail

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European Stabilization Mechanism Treaty - The Final Nail

Postby Copper Catcher » Thu Apr 19, 2012 8:42 pm

QE To Infinity Certain With European Stabilization Mechanism Treaty

The new treaty to create a European Stability Mechanism (ESM) was signed on 2 February by the eurozone countries' ambassadors in Brussels. Herman Van Rompuy, President of the European Council, welcomed the signing of the treaty, saying that this permanent crisis mechanism would contribute to raising confidence and ensuring solidarity and financial stability in the euro area.

The ESM will be a Luxembourg-based international financial institution, which will support euro area countries where indispensable to safeguard financial stability. It is scheduled to become operational in July 2012.

The treaty was originally signed in July 2011 but has now been modified to make the ESM more effective.

This is one of the final pieces to the puzzle and shows you how bad things really are:
http://www.youtube.com/watch?v=EPcWHBPY ... r_embedded

This goes into more details: http://en.wikipedia.org/wiki/European_S ... _Mechanism

Also here is a file on the document itself:
http://www.european-council.europa.eu/m ... 2.en12.pdf
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Re: European Stabilization Mechanism Treaty - The Final Nail

Postby Copper Catcher » Fri Apr 20, 2012 10:01 am

After you watch the video I would love to hear your comments....Are you suprised?
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Re: European Stabilization Mechanism Treaty - The Final Nail

Postby fb101 » Fri Apr 20, 2012 6:00 pm

not surprised. Things like this are the only choices left.
This way (and then here) the pols cannot be held accountable for the economy any more than stalin could.
They've been attacking democracy in this country for years and years through leftist activist judges.
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Re: European Stabilization Mechanism Treaty - The Final Nail

Postby Tourney64 » Fri Apr 20, 2012 6:14 pm

That is exactly the path that BHO and his minions are taking us down.
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