Already in my post "ESM or the imminent gutting the rights of the Bundestag" it came to the topic of the European Stability Mechanism (ESM). The budget law - a centerpiece of the parliamentary system - is the national parliaments have lost in principle and on the ESM administrative authority, that is the new super Treasury in Brussels, will be given if a relevant public will not wake from her coma.
The ESM authority to bypass the national parliaments at the discretion of the deposited funds and guarantees operate, especially those that have been provided by Germany. A takeover of the new EU super-bureaucracy, a giant step towards the EU financial dictatorship?
The euro crisis is so dangerous, not because of the continued existence of the euro could be at risk, but because it is used by certain politicians to lay the ax to the root of democracy and self-determination of peoples. (more ...)
