Friday, March 15, 2013

For Germany, Revenge Tastes Good!

From the NSP News Service:  As you will note from the article below, Germany's fiscal policies may very well spell the end of the Eurozone. And if so, well, why not? The notion, on any level, of a "United Europe" is a phantasm created and fostered by Jewish International Bankers. If Germany helps to bring about a worsening economic crisis in Europe, and remains at the pinnacle of European finance at the same time, it has finally won the two-front war it should have won back in the first half of the 1940's. Who really gives a damn about the financial security of other European nations, anyway? We at the NSP don't. A stronger Germany will be good not only for Germany, but also for the health and the buying power of the US dollar. It would be nice to see times like that, again.


|MoneyShow.com on MSN Money

Has Germany killed the eurozone?

A new budget makes it clear that Germany will only offer the weaker eurozone economies lectures on austerity. The result will be a deadlock.
  • Share
    2
German Chancellor Angela Merkel speaks with European Parliament President Martin Schultz during an EU summit in Brussels on Thursday. © Geert Vanden Wijngaert, AP Photo
German Chancellor Angela Merkel speaks with European Parliament President Martin Schultz during an EU summit in Brussels on Thursday.
Today, March 14, Germany left the eurozone.
Oh, nothing official. And I'm not holding my breath waiting for any objective confirmation, such as the reintroduction of the Deutschmark. But the new German budget marks the beginning of the effective end of the eurozone and the euro.
What exactly happened that's so momentous? How can a single national budget make such a difference?
Because any European recovery is riding on Germany.

A balanced budget, but . . .

The German budget for 2014, announced by German Finance Minister Wolfgang Schaeuble on Wednesday, the eve of a European summit, includes an additional 5 billion euros ($6.4 billion U.S.) in spending cuts. Total net new borrowing for 2014 will drop to 6.4 billion euro ($8.3 billion U.S.), a 40-year low.
And it puts the German budget on a path to balance in 2015. That's a year earlier than required by the German constitution.

If fiscal prudence is your goal, then this budget deserves the praise heaped upon it by Minister of the Economy Philipp Rösler, who said: "With all modesty, this is a result of historic proportions. The lesson from the sovereign debt crisis is that solid finances are essential. Thanks to this approach, Germany is in the vanguard in Europe. Our success with a policy of growth-oriented consolidation is the envy of the world."
The problem -- aside from the smugness of those comments -- is that fiscal prudence isn't the most pressing goal in Europe's other biggest economies.

 

Beyond Greece

Everyone knows the Greek economy is a disaster -- and that was pressed home in the latest unemployment numbers. Unemployment hit 26% in the fourth quarter, up from 24.8% in the third quarter. For workers between 15 and 24 years old, the unemployment rate is 57.8%. The percentage of the unemployed who have been looking for a job for more than a year hit 65.3%.
But the real problem isn't Greece. The real problem is that the rest of Europe -- except for Germany -- is, like Greece, facing growing unemployment with no medium-term relief in sight. Employment in the eurozone as a whole fell by 0.3% in the fourth quarter from the third quarter. Among the zone's major economies, only Germany showed an increase in jobs. The decline in fourth-quarter employment is particularly ominous because the Christmas shopping season normally generates jobs.
And the prospects for improvement? Grim. Ernst & Young, for example, projects that unemployment will continue to climb this year, and the recovery through 2014 is likely to be anemic. By the end of 2017, Ernst & Young estimates, the unemployment rate in Europe will remain stuck above 11%.

No helping hands

The European summit now under way is supposed to propose measures to promote growth in European economies. But it's not clear where that growth could possibly come from.
Germany's neighbors have pleaded with the country to stimulate its own economy, because more spending by German consumers might produce added demand for goods from Spain, Italy and France. The new German budget seems to have taken that off the table.
The European Central Bank also seems disinclined to intervene. The International Monetary Fund has called on the ECB to stimulate growth in Europe by cutting its benchmark interest rate, but the bank continues to insist that current monetary policies, combined with austerity budgets from European governments, will be enough to lead to higher growth in the second half of 2013. At the moment, the bank is committed to waiting for structural economic reforms to work. Take this growth alternative off the table.
Other eurozone members, most especially France, have called for relaxing the eurozone's 3% budget-deficit-to-GDP-ratio rules to allow governments to run higher cyclical deficits in tough economic times. The French are clearly pleading in self-interest -- it looks as if France will run a deficit-to-GDP ratio of 3.7% or more this year rather than hitting the 3% target. Germany, however, has continued to insist that countries follow the budget rules -- and has been especially emphatic about the need for big economies, such as France, to set a fiscal example for smaller eurozone economies. So remove this last alternative.
And yet, somehow, the leaders gathered at this summit are supposed to produce a growth plan for the eurozone. The eventual post-meeting statements for these meetings are always drafted in advance, then modified by discussion. The draft for this meeting, according to the Financial Times, called for "short-term targeted measures to boost growth and jobs."
Even before the meeting, that language was taking fire from Germany, Finland and the Netherlands. The announcement of the 2014 German budget -- an announcement moved up a week so the budget would be released before the summit -- seems intended to put pressure on the summit to hold the line on fiscal discipline. Germany and austerity advocates such as European Commission Minister Olli Rehn have heaped scorn on French calls for relaxing the budget rules.

Next step: Put on happy faces

So what happens now?

European leaders have become accomplished at papering over disagreements, and I'm sure that they'll manage to produce language that downplays disagreements at this meeting.
But I think these disagreements are coming to a head, soothing language or not. The European Parliament has just rejected a budget -- one that took a year to put together -- with modest cuts in spending for the European Union. Politics may preclude the formation of a new government in Italy until after a new round of elections in June, which could raise the large vote total recently garnered by anti-euro parties. Auditors from the International Monetary Fund, the European Central Bank, and the European Commission have just left Athens without approving the next, relatively small, 2.8 billion euro rescue payout for Greece. The approval ratings of France's President François Hollande and Spain's Prime Minister Mariano Rajoy continue to sink. Politically, these leaders can't accept calls for greater austerity.
June brings a series of important deadlines for eurozone policy on budget rules and strengthening economic coordination among member countries. It's hard to see how an agreement on those rules comes out of June meetings.
Most discussions of the breakup of the eurozone focus on the forced exit of one of the troubled economies -- Greece -- or a decision by Spain or Italy that the pain of staying in the eurozone just isn't worth it.
But I think it's increasingly likely that the effective end of the eurozone will result from actions by its stronger economies. For example, Finland's government has made clear its unwillingness to fork over any more rescue money. Looking at the needs of its own aging population, the country can't afford it, the government has said.
And this most recent German budget has made it clear that Germany -- or at least, the German government before its national elections in September -- isn't willing to sacrifice one centimeter of its insistence on fiscal discipline.
The first step in a breakup coming from Germany and it allies is a deadlock in the eurozone that prevents any movement -- on growth, on increased economic and monetary integration, and on the development of eurozone-wide banking regulation. I think we're close to that gridlock now. The results of this summit and progress on the June deadlines will tell us how close.
Gridlock isn't a tenable long-term strategy. Recessions continue to grind down economies and governments in Italy, Spain and, most importantly, France. Voters are moving toward parties that reject the euro. Germany, rather than becoming more willing to compromise, seems to be locked into its position that austerity is all that's needed.
Gridlock leaves the euro and the eurozone technically intact but unofficially marks the end of the eurozone project. I don't know how long it will take for gridlock to become so intolerable that somebody leaves officially. But if the eurozone countries can no longer agree on anything, the euro as a unified currency for a unified monetary bloc is done.

-- Karl Wolff III, Director of Communications, NSP.  1488!

Monday, March 11, 2013

Auschwitz, Delusional Jew, Lies, and Dr. Mengele!

From the NSP News Service: Now, Jews are using Facebook to perpetuate the fable of severe mistreatment during the Third Reich. There is no reliable proof concerning experiments on children at the Auschwitz transit and labor camp, but there are many myths concatenated by Jews and others to try to keep the "myth of Nazi horrors" alive in order to drum up sympathy, guilt, and financial gain! This just proves that the "Holocaust" story is slowly but surely passing away. In addition, if a physician by the name of Dr. Mengele worked at Auschwitz, he was there to provide medical service to camp personnel only. The story below is utter propagandised rubbish. One great shame of Jewish story-telling is that the fable spinners even "take in" their own people!

Auschwitz survivor Menachem Bodner is using Facebook to search for the identical twin brother he last saw in Josef Mengele's brutal laboratory.

Sixty-eight years after surviving Auschwitz, a man is searching for his twin brother.
Philly.com reported that Menachem Bodner believes he and his twin brother were victims of Dr. Josef Mengele, who experimented on twins in his gruesome Auschwitz laboratory. Bodner was 4 when he was liberated from the camp and separated from his brother, according to the report.
Mengele was known for his obsession with twins. The Candles Holocaust Museum compiled a list of twins who were brought to his Auschwitz lab. There, Bodner is listed by his birth name: Elias Gottesman.
The listing shows "A-7733 Gottesmann, Elias," age 4. Below that, the record shows a Jeno Gottesman, also age 4 and paired with Bodner.
Related: Stories of Holocaust survivors retold by holograms
According to The Daily Beast, Bodner, today a retired tax-service employee living in Israel, got help in his search from Ayana KimRon, a genealogist. She took scraps of information, and Bodner's memories, and created a Facebook page called A7734, based on the tattooed number Jeno Gottesman may still bear.
On the page, KimRon says Bodner was transported to Auschwitz with his twin in May 1944. There, they were subjected to medical experiments, but both survived until the camp was liberated.
The page says Bodner was taken out of Auschwitz and spent the next 68 years assuming a new life and identity. It suggests that Jeno may have been adopted by a Christian family and could be living in the U.S.
Bodner's search has piqued interest on the internet. Since March 2, hundreds have shared Bodner's tale in the hopes of helping him find his brother. The story has also appeared on Reddit.
According to Philly.com, KimRon has already found other members of Bodner's extended family. Philly.com said Bodner plans to travel back to Auschwitz with some family members this summer for the first time since his liberation.
Related: Holocaust victims mourned at Auschwitz and beyond

-- Karl Wolff III, Director of Communications, NSP.  1488!

The Latest Crap on Negro "Greats": Harriet Tubman.

From the NSP News Service:  Read the following "politically correct" article about some Black woman who supposedly saved hundreds of slaves just before the American Civil War (1861-65), and then note the lies and exaggerations sitting "between the lines." As usual, the whole story of Harriet Tubman is full of concocted lies and outright falsehoods. This is more junk, we suppose, to ram down the throats of an already brainwashed American public. We do hope that Tubman will be removed from the shameful list of Negro "greats" who, we are told, did so much to improve America. For those who believe this nonsense, well, good luck to you as your land, your rights, and your privileges as American are taken away, one by one, as you sit by and actually praise the lose of your White Civil Rights!

How Did Harriet Tubman Become a Legend?

Monday, March 4, 2013

Bottomfishing? Who'll the Politically Correct (and Idiotic) Get Next?

From the NSP News Service: As if American undergraduates aren't subjected to enough trash (so much that they don't know what "trash" really is!), now they have to hear a speech from "Orca?" And to think that NSP Leader Dr. Jacques Pluss was married in 1978 in Harvard Yard, when Harvard was still an actual institution of higher learning! I'll bet you he wouldn't even walk through that spot now.



Oprah Winfrey
© Matt Sayles/AP -- Oprah Winfrey
Oprah Winfrey to deliver commencement address at Harvard
BOSTON (Reuters) -- Talk-show host, entrepreneur and philanthropist Oprah Winfrey will deliver this year's graduation address at Harvard University, the Ivy League school said on Monday.
"Oprah's journey from her grandmother's Mississippi farm to becoming one of the world's most admired women is one of the great American success stories," Harvard President Drew Faust said in announcing her selection.
Bing: Oprah's OWN turnaround
Winfrey will join a long list of politicians, policy makers, captains of industry and authors -- including George Marshall, Bill Gates and J.K. Rowling -- who have offered their wisdom and advice to Harvard's graduating classes.
She will speak at the school's 362nd graduation exercises on May 30.
Long a fixture on Time Magazine's 100 most influential people list, the 59-year-old Winfrey has been popular on the college commencement circuit, speaking at Stanford University, Duke University and Spelman College in recent years.

-- Karl Wolff III, Director of Communications, NSP.  1488!

Al-Kaida-Kaempfer bestaetigt Tod von Islamistenfuehrer Zeid!

Von der NSP Nachrichtenagentur: Mehr aus Nordosten Mali, bei einem franzoesischen Luftangriff im Ifoghas-Gebirge. Muss das Banner stehn wenn der Mann auch faellt?

 
-- Karl Wolff III, Nachrichtenfuehrer, NSP.

 

Al-Kaida-Kämpfer bestätigt Tod von Islamistenführer Zeid


Nach tagelanger Ungewissheit scheint der Tod des ranghohen Islamisten-Anführers Abou Zeid nun sicher: Ein Vertreter des Terrornetzwerks Al-Kaida im Islamischen Maghreb (Aqmi) bestätigte am Montag, der Algerier sei bei einem französischen Luftangriff im Ifoghas-Gebirge im Nordosten Malis getötet worden.

  •  
 


Französische Soldaten in Mali (Archiv)
Französische Soldaten in Mali (Archiv)
Auch Frankreich machte am Montag erstmals deutlich, dass Abou Zeid, einer der radikalsten Aqmi-Führern in der Sahel-Zone, offenbar getötet wurde. Der französische Generalstabschef Edouard Guillaud sagte dem Sender Europe 1, Zeid sei "wahrscheinlich" tot. Es gebe allerdings noch keine endgültige Klarheit, "weil wir den Leichnam nicht haben".
Das Aqmi-Mitglied, das seine Identität nicht bekanntgab, hob laut der mauretanischen Nachrichten-Website "Sahara Medias" aber hervor, dass Zeid nicht von tschadischen Soldaten getötet worden sei. Das hatte der Präsident des Tschad, Idriss Déby, am Freitag gesagt. Al-Kaida gibt in der Regel den Tod von Anführern selbst bekannt.
Aqmi dementierte am Montag Berichten, wonach auch der Islamistenführer Mokhtar Belmokhtar ums Leben gekommen sei. Belmokhtar gilt als Drahtzieher der Geiselnahme im Januar auf einem Gasfeld im Osten Algeriens, bei der 37 ausländische Geiseln getötet wurden.
Er halte sich nicht im Ifoghas-Gebirge auf, wo er nach Angaben der Armee des Tschad am Samstag getötet worden sein soll, sondern in der Region Gao im Norden Malis. Dort leite er "die Kämpfe gegen den Feind", sagte der Aqmi-Kämpfer. Der französische Generalstabschef riet angesichts der Meldungen zu Belmokhtar zu "höchster Vorsicht".
Der Algerier Belmokhtar, der wegen des Verlusts eines Auges auch "der Einäugige" genannt wird, hatte sich mit seiner Organisation Al-Mulathamin (Die mit Blut unterzeichnen) von Aqmi abgespalten. Er und Abou Zeid werden für islamistische Angriffe nicht nur in Mali, sondern in der gesamten Region verantwortlich gemacht.
In den vergangenen Tagen war es im Ifoghas-Massiv an der Grenze zu Algerien zu heftigen Kämpfen von französischen und tschadischen Soldaten mit Islamisten gekommen.
"Wir sind dabei, Aqmi das Rückgrat zu brechen", sagte Generalstabschef Guillaud. Es sei dort eine "industrielle Organisation des Terrorismus" entdeckt worden mit "mehr als 50 Verstecken in Häusern, Schuppen oder Höhlen" sowie "mehr als einem dutzend Werkstätten auch zur Herstellung von Bomben".
Die französische Armee hatte am 11. Januar ihren Einsatz gegen Islamisten in Mali gestartet, die rasch aus den Städten im Norden ins Gebirge geflüchtet waren. Guillaud räumte allerdings ein, dass die französische Armee nicht wisse, wo die sieben französischen Geiseln derzeit festgehalten werden, die im Ifoghas-Gebirge vermutet wurden.

Sunday, March 3, 2013

"Do It Yourself Terrorism": You're Kidding, Right?

From the NSP News Service:  Yeah, sure, go ahead and purchase this on-line guidebook for "small scale terrorist acts." Then sit and wait for the Department of Homeland Security or the FBI to knock on your door -- or just bash it in with a SWAT team. Better yet, see what happens the next time you try to board an airplane!

 
New al-Qaida terror guidebook urges young extremists to think small
NBCNews.com

Flashpoint Global Partners The 'Lone Mujahid Pocketbook' urges Muslims in the West to carry out small-scale acts of terrorism.
A new al-Qaida “guidebook” for extremists aims to incite homegrown “lone wolves” into carrying out small-scale terrorist attacks inside the United States and other Western countries, using materials as easily obtainable as motor or cooking oil, sugar and matches to trigger massive traffic accidents, devastating fires and deadly explosions.
Titled the “Lone Mujahid Pocketbook” and published by in the spring edition of al-Qaida in the Arabian Peninsula’s “Inspire” online propaganda magazine, the guidebook uses a breezy style that borrows from social media speak and rap lyrics to encourage Islamic extremists in the West to commit acts of violence.
“R U dreamin’ of wagin’ jihadi attacks against kuffar?” is asks, using a derogatory Arabic term for non-Muslims. “Have u been lookin’ 4 a way to join the mujahideen in frontlines, but you haven’t found any? Well there’s no need to travel abroad, coz the frontline has come to you.”
Among other things, it offers detailed instructions for torching parked cars, causing vehicular accidents by pouring motor oil on highway curves, starting forest fires, “making a bomb in the kitchen of your Mom” and using a pickup truck with blades welded on the front “as a mowing machine, not to mow grass but (to) mow down the enemies of Allah.”
Evan Kohlmann, a senior partner at the threat-assessment firm Flashpoint Global Partners and an NBC News analyst, said he says he sees the recommendation for aspiring terrorists to think small in a positive light.
“Despite crafting elaborate terrorist plots in far-away hideouts, al-Qaida has not been able to execute a major attack inside the U.S. since 9/11,” he said. “Homegrown terrorism costs al-Qaida nothing, and it garners the same amount of public attention as "real" terrorism. It's a no-brainer.”
He also said that the new guidebook shows that AQAP’s efforts to recruit terrorists in the West suffered a serious setback with the death of American al-Qaida recruit Samir Khan in Yemen in a U.S. drone strike in September 2011.
“The quality of these publications from AQAP specifically has taken a significant nosedive since the death of Samir Khan,” Kohlmann said. “Quite a bit of this latest guide seems to have been baldly rehashed from the former work of Khan. Apparently, it wasn't as easy to replace Khan's creative instincts as AQAP first suggested.”
 
-- Karl Wolff III, Director of Communications, NSP.  1488!