What does that say when the (albeit, marginally) more experienced pro-EU Marlene Mizzi was passed over in favour of anti-EU Sant.

Also note that the reason we are experiencing low inflation rates (and deflation in some parts) is because of negative growth (in real terms, rather than the concocted GDP related terms). So you get a vicious circle that benefits the banks and the powers that govern the ECB. Again, visualise the long term ramifications of these developments and you’ll realise what the end-game is about.

The 2008 financial crisis did not pull down the house of cards only because the US federal reserve monetised (that’s another word for QE and money ‘printing’) well over 16 trillion dollars (this emerges from the Feds’ own audit in 2011, which they were obliged to do following Ron Paul’s audit-the-bailout bill of 2009. Eight trillion went to the ECB (‘dollar swap’) and European banks.

Moreover, for the past years Draghi has been dabbling in SMPs and OMTs, which are ways to circumvent the issuance of eurobonds, which is illegal. The ECB has also issued €3 trillion euros worth of LTROs – which are (very) cheap long term loans to the big European crony banks.

Of course, the more QE you have, the more debt is wiped out – but since money does not really come from thin air, even if that is what they actually do, it will have to come from somewhere. So it comes through currency inflation that translates to price inflation, while savings are eroded and interest payments rise. This wealth, which is created as debt, is ultimately covered by the labour of serfs.

In this topsy turvy world where money is debt, price deflation is worse than inflation. It is because we live in a topsy turvy world that the introduction of negative interest rates is upon us. It starts with negative rates for banks parking their ‘assets’ with the ECB and follows with negative interests on savings. That comes before the advent of a cashless society (think about the consequences of this beyond the realms of the Pollyanna world).

Freedom5, what absolute bollocks. This choice has no bearing at all on what Busuttil thinks of Metsola.

Nor did he select David Casa because Casa is gay and Busuttil would like to score points with the gay lobby. That is something Muscat would do.

In all these years that Casa has been an MEP he has never tried to win votes based on his sexual preferences.

Casa has been selected as head of delegation because he is the most experienced. That should be obvious even to the most blinkered.

The problem will hit us hard in 5 years time when recurring expenditure would have been accepted at high levels due to overspending however income from the sale of passports will seize.

That is when the shit will hit the fan… for our economy.

Joseph Muscat has in fact already said that which I am very strongly against:

http://www.timesofmalta.com/articles/view/20140529/local/government-has-mandate-to-bring-in-new-and-fresh-ideas-pm.521087

The government doesn’t have that mandate.

Besides the fact that the only result to retain from this particular election is that it actually lost a seat.

There is still no endorsement for any further scams he plans to introduce.

I was expecting the NP to pick up on the gross falseness of this statement.

In the article the IIP was quoted as an example: but the Labour government did not have a mandate for the IIP and nothing about this current election result justifies that action or permits other amoral acts in the same vein.

This was not a general election and the MEP election has again fraudulently been used to serve as a general mandate because Joseph Muscat knows full well the voter tendencies in the MEP election were set in his favour.

The two are NOT the same.

This Government has NOT been endorsed with a mandate to do as it pleases.

In Willy Mangion’s garage.

They may aptly change it to GIMP.