Who Will Suffer As A Result of Euro Policies? The Jews. (GateStone Institute) by Peter Martino 05/14/12)
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It is as if the U.S. were to renounce the dollar for the "amro," a
common currency with countries as different as Mexico. Colombia,
Brazil and Argentina. A documentary on German television last week
revealed that the political class in Europe knew that the Greeks were
cooking the books, but did not care. Extremist parties of the Left
and the Right (all of them anti-Semitic) are rapidly gaining
electoral support at the expense of mainstream parties....
The European Union, and especially its common currency, the euro, is
on the brink of collapse. The Greeks, unable to form a government
after the May 6 elections, will have to go to the polls again next
month. In Germany, Chancellor Angela Merkel is rapidly losing
support. If she cares about her reelection next year, she had better
push Greece out of the eurozone rather than keep that country afloat
with German taxpayers´ money. If Greece leaves, the whole euro
edifice might come down – a better outcome than the present
situation, in which extremist parties on the Left and the Right (all
of them anti-Semitic) are rapidly gaining electoral support at the
expense of mainstream parties which keep clinging to the failed
project of the common European currency.
A recent program on German television revealed that former German
Chancellor Kohl had exchanged the strong D-mark for the crisis-prone
euro because he wanted to atone for Germany´s role in the Second
World War. Contemporary Germans, however, are not inclined to pay for
the Greeks and other southern Europeans to make up for their
grandfathers´ role in the Second World War.
The euro project was flawed from the beginning. It lumped various
countries with widely divergent economies, cultures and languages
together in a single monetary union, imposing a "one size fits none"
monetary policy on 17 countries which have little in common but the
fact that they are all located on the European continent. It is as if
the U.S. were to renounce the dollar for the ´amro,´ a common
currency with countries as different as Mexico, Colombia, Brazil and
In this fashion, a prosperous and industrious northern European
country such as Germany, the economic powerhouse of Europe, renounced
the D-mark for a euro, which also included a nation such as Greece,
where corrupt politicians lied and cheated about the country´s dire
A documentary on German television last week revealed that the
political class in Europe knew that the Greeks were cooking the
books, but did not care. The euro was a political project. Former
European Commissioner Frits Bolkestein admitted as much in the
documentary. Former German Chancellor Helmut Kohl renounced the D-
mark for a euro which was to include as many countries as
possible. "Kohl was a romantic as far as the EU was concerned,"
Bolkestein said. "For Kohl, European unification was the way for
Germany to atone for the Second World War. That is why he wanted to
have as many countries in the eurozone as possible, whether they
qualified or not."
Bolkestein admitted that he had misgivings about the inclusion of
countries such as Greece in the eurozone. In the same documentary,
Jean-Claude Trichet, president of the European Central Bank from 2003
to 2011, admitted that the financial crisis in Greece, which is
currently dragging the euro down with it, could only have happened
because the EU refused to see the obvious. It was an eye-opening
documentary that enraged many Germans viewers.
The euro crisis is leading to a general dissatisfaction of the
Europeans with the governing political class, whether left, the right
or center. In less than one and a half years, 10 of the 17 government
leaders of the eurozone have been brought down or voted out of
office. This happened in February 2011 to Ireland´s centrist Prime
Minister Brian Cowen; in April 2011 to Finland´s centrist Prime
Minister Mari Kiviniemi; in June 2011 to Portugal´s socialist Prime
Minister Jose Socrates; in September 2011 to Slovenia´s socialist
Prime Minister Borut Pahor; in October 2011 to Slovakia´s center-
right Prime Minister Iveta Radicova; in November 2011 to Italy´s
center-right Prime Minister Silvio Berlusconi, Greece´s socialist
Prime Minister George Papandreou and Spain´s socialist Prime Minister
Jose Zapatero; in April 2012 to the Netherlands´ center-right Prime
Minister Mark Rutte; in May 2012 to France´s center-right President
All ten of them fell -- directly or indirectly -- as a result of the
eurocrisis. It is generally expected that the same fate will befall
Germany´s center-right Chancellor Angela Merkel in next year´s German
general elections. Merkel is Helmut Kohl´s successor as leader of the
Christian-Democrat Party CDU. In last Sunday´s state elections in
North Rhine-Westphalia (NRW), Germany´s most populous state, where
almost a quarter of all Germans live, the CDU lost its position as
the biggest party in the state to the Socialists. The CDU lost a
quarter of its votes, while the Pirate Party, some of whose leaders
acknowledge that the party is infiltrated by neo-Nazis, entered the
NRW state parliament.
The largest European countries, Germany, France and Italy, which were
(or, in Germany´s case, are) led by center-right politicians, are
shifting to the left. In countries where the left has lost the
leadership, the extreme-left won significantly in the elections.
Extreme-right parties are also on the rise. In Greece, the neo-Nazi
party Golden Dawn won 7% of the vote on May 6. For the first time,
the Nazis entered the Greek parliament, winning no fewer than 21
Europe´s shift to the Left will also affect its domestic policies:
the Left´s penchant for deficit spending and multiculturalism will
become dominant again. Rather than bringing peace and prosperity to
Europe, the failed EU project may lead to economic decline and risky
As explained earlier, the shift in European politics will surely
affect Europe´s future relations with the rest of the Western world,
in particular the U.S. and Israel. While Golden Dawn remains a fringe
party, the extreme-left Greek Syriza party became the second biggest
party in the country on May 6, surpassing the socialist Pasok party.
Syriza has a party platform which includes "disengagement from NATO"
and "termination of the military cooperation with Israel." Syriza is
expected to become the largest party when the Greeks are called to
the voting booths again next month.
In France, too, the election victory of the Socialist Francois
Hollande has driven Jewish unease. "More French Jews will leave
France," journalist Melanie Phillips predicts.
The fact that Kohl´s atonement policy for German crimes during the
Second World War has led to the euro disaster is bitterly ironic: the
people bound to suffer the worst as a result of Kohl´s hubristic euro
policies are Israel and the Jews.
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