The Moral Unraveling of the EU, Bailouts and Central Banking

The Moral Unraveling of the EU, Bailouts and Central Banking

Saturday, October 15, 2011 – by Anthony Wile

Anthony Wile

Slovakia has now approved the European debt-crisis bailout fund, but the problems Europe is experiencing are similar to those faced by America in the grip of the Fed’s immense bailouts of the past two years.

Increasingly, these are seen as morally repugnant by citizens throughout the West. And this has significant consequences that the mainstream press declines to report.

Dominant social themes work by omission as well as commission; in this column, I want to re-examine potential ramifications. I’ve done it before, but I think it’s worth repeating. Not enough commentators, even in the alternative media, point them out in my humble opinion.

Money continues to flood Western regimes and financial institutions with billions and billions that they don’t deserve and cannot properly apply. Perhaps there is no alternative but to “kick the can down the road.” On the other hand, perhaps the bailouts are part of a wider elite destabilization effort, one intended to generate chaos and misery that will pave the way for global governance and maybe a new world currency. This is the view of the more conspiratorially-minded among the alternative media.

Click below to read the entire article:

via The Daily Bell – The Moral Unraveling of the EU, Bailouts and Central Banking.

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