Monthly Archives: September 2012

The absolute sovereignty of the European Stability Mechanism (ESM)

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No wonder Mario Draghi is looking pleased with himself, he, and his Goldman Sachs inspired “administrators” have, as John Ward said in a recent post ; “Reinvented the Divine Right of Kings”

The ESM is the ‘vehicle’ through which sovereign bond buying (bail-outs) will be delivered (watch out Spain) and which is ‘above the law’. The full document can be downloaded here ; http://europa.eu/rapid/pressReleasesAction.do?reference=DOC/12/3&format=HTML&aged=0&language=EN&guiLanguage=en

This extract from John Ward, (below), highlights what is being set in place to ensure the (now) quadrillion dollar derivatives market stays afloat. This is DEBT. The Real News film interview gives an outline of the ‘problem’.

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So, back to Mario and the ESM and the John Ward report, these “exemptions” should scare anyone.

Article 32, para 3: The ESM, its property, funding and assets, wherever located and by whomsoever held, shall enjoy immunity from every form of judicial process. (There is one exception – entirely in the ESM’s favour)

para 4: The property, funding and assets of the ESM shall, wherever located and by whomsoever held, be immune from search, requisition, confiscation, expropriation or any other form of seizure, taking or foreclosure by executive, judicial, administrative or legislative action

para 8: To the extent necessary to carry out the activities provided for in this Treaty, all property, funding and assets of the ESM shall be free from restrictions, regulations, controls and moratoria of any nature

Article 35, para 1:  In the interest of the ESM, the Chairperson of the Board of Governors, Governors, alternate Governors, Directors, alternate Directors, as well as the Managing Director and other staff members shall be immune from legal proceedings with respect to acts performed by them in their official capacity and shall enjoy inviolability in respect of their official papers and documents.

There are other worms in this charity tin, but trust me, these two articles are the ones that ensure it really isn’t the standard contract, and if I Mario Draghi deems it in the public good to stuff 46,000 gold bars in a Gnome’s private bank, it’s none of your business.

But there is one astonishing phrase in there which I feel duty bound to lift and separate from even this stuff above:

‘The archives of the ESM and all documents belonging to the ESM or held by it, shall be inviolable. The premises of the ESM shall be inviolable.’

The International Law Society definition of ‘inviolable’ is ‘unassailable and impregnable’. Or in one word, untouchable. Or an yet another word, supreme.

Or in a final word, Sovereign.

You have been warned.

Fires, heatwaves and protest, red hot in the Med.

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Just when you thought everything was hunky dory  . . . . . .

 

Democracy Now reports from Greece and Spain on recent mass demonstrations against yet more austerity. Maria Carrion’s accurate analysis of the systematic looting of the public purse being carried out to maintain corporate and financial dominance over democracy reveals the human cost of austerity.

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The report highlights many elements of the Goldman Sachs/IMF/ECB requirements which further remove citizens freedom. At the end of the report is a reference to those arrested at the demonstration facing much higher ranked criminal charges “against the nation”. This was reported below

“Spain converts passive resistance into a crime” & “Spain accused of ‘draconian’ plans to clamp down on protests”  Naomi Klein “Tweeted” on her website                 “Shock Doctrine in Spain: after ruining Welfare State, Law will criminalize pacific protests”    

https://awayfromitall.me/2012/04/12/spain-converts-passive-resistance-into-a-crime/

Worse to come when SuperMario Draghi’s “anything it takes” money printing (the same as is piling up debt in the U.S,) obtains an “untouchable” level above the law as Illargi warned on The Automatic Earth.

“Any country that wants a bailout under Draghi’s terms, that is: any country that wants its bonds to be bought by the ECB, must relinquish a substantial part of its sovereignty. At the very least, such a country will no longer be in charge of its own economic policies.”

MOVEMENT MUSIC TIME – LEE “SCRATCH” PERRY WITH A CLASSIC EARLY REGGAE TUNE – SOUL FIRE.

And here’s a sample of Space Kadet rhythm ; Reaching Out. Check his MySpace page.

 

Barcelona Fiesta – La Sagrada Familia

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LA MERCE fiesta is held on the September equinox, and is a 4 day mix of pagan festivals, catholic ceremony, traditions, music and parades. One of the highlights is ‘la projection’, this year the “Moment Factory” from Montreal offered a multimedia show on the Nativity facade of the Sagrada Familia, an ode to the creation of the world and man and to life itself. (Apologies for the editing).

This is the illuminated Nativity facade;

 

 

 

 

 

 

…. and this is the same facade, as you’ve never seen before.

Do the Math, postscript 3. How would you like your planet sir, with or without ice?

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Since 1979, the volume of summer Arctic sea ice has declined by 75% and accelerating.…  This video by Andy Lee Robinson illustrates the dramatic decline from 1979 until September 2, 2012.

Bad news comes in 3’s, so here’s the third installment of “melt news” from this summer.

1/ Greenland ice melt hit a record.

2/ Surface sea ice area minimum hit a record.

3/ Surface sea ice VOLUME has also hit a record low. The importance of this is when thickness is reduced the ice is susceptible to break up caused by storms and wave movement. It also provides a less stable base for new ice forming.

We have already seen this summer that melting ice on Greenland reached altitudes 2 – 3 kilometers above sea level causing an unprecedented 97% of Greenland to experience melting ice. (below).

The next data set showed a dramatic increase in melting of the Greenland ice sheet this northern summer, breaking the previous record ice melt on Greenland in 2010. http://www.greenlandmelting.com/1/post/2012/08/2012-the-goliath-melting-year.html

At the same time a new record low in summer Arctic sea-ice COVER broke the 2007 sea ice surface cover record minimum. (below).

Average July through September Arctic sea ice extent 1870-2008 from the Un. of Illinois (Walsh & Chapman 2001 updated to 2008) and observational data from NSIDC for 2009-2011.  Black vertical dashed lines indicate the years 1938-43, used by some sceptics to repeat the tired old line of “natural variation” being responsible for this years melt..
Arctic sea ice extent from August 2012 from NSIDC (purple) overlaid on a map of sea ice extent in August 1938 from the Danish Meteorological Institute.  Red symbols indicate direct observations in 1938. (below).
 
http://www.skepticalscience.com/record-arctic-sea-ice-melt-to-levels-unseen-in-millennia.html
Thirty years ago, the summer sea-ice extent was around 7.5 million square kilometres, but this year it will end up at half that figure.
THE LOSS OF ARCTIC SEA ICE AREA THIS YEAR WAS 100,000 SQUARE KILOMETERS PER DAY DURING THE MELT SEASON.
SEA ICE VOLUME. 
Sea ice volume hit a new low with this years total being APPROX 75% OF THE AVERAGE VOLUME SINCE SATELLITE RECORDING BEGAN. 
 
There seems to be no doubt in the scientific community that the “melt is on”. Forcing almost 20 billion tones of CO2 eqv. into the atmosphere every year is unlike ANY ‘natural’ forcing experienced for at least 10,000 years.
 Arctic temperature change reconstructed by Kaufmann et al. (2009) including data updated for and including instrumental measurements for the Arctic region (60 to
90° N) from NASA.
WHAT IS ALSO CERTAIN IS THAT THE CURRENT MELT TRENDS ARE FAR WORSE THAN MODELLED TRENDS ACCEPTED BY I.P.C.C. REPORTS (below).