Posted on 03/17/2025 10:48:16 AM PDT by John Semmens
European Commission President Ursula von der Leyen is eyeing the vast $10 trillion that European citizens have squirreled away in low yield savings accounts and lamenting "that these funds aren't more productively used. At best, if this money is simply left where the savers put it all that will be accomplished is that it will ultimately be squandered on frivolous junk, unnecessary vacations, and more comfortable retirements."
"If we were to instead invest this money on a greatly expanded European military force just imagine what marvels we could achieve," she envisioned. "By spending these trillions on weapons we could free ourselves from having to rely on American weapons manufacturers and become exporters to the under-armed armies of the rest of the world. And Europe itself would gain parity with America's military might. We could counter the Russian threat without having to accommodate America's interests."
French Member of the European Parliament Virginie Joron was not as enthusiastic as von der Leyen about diverting savers' money to this purpose, saying "between President von der Leyen previous endorsement of suppressing free speech and this lurch toward grandiose militarization I can't imagine we are on the road to a better future. The European Union's obsessions with bizarre, ideologically driven projects—$4.5 million to monitor disinformation in Kazakhstan, $47,000 for a transgender opera in Colombia, $32,000 for a transgender comic strip in Peru, and $2 million for sex changes in Guatemala--does not instill confidence that our leaders know what they are doing."
Joron went on to compare European leaders to US President Trump "who has accomplished more for his people in two months than they have Europeans in 50 years. While EU elites drown in mountains of paper, producing meaningless policies, Trump made real changes—banning child mutilation, reinstating military personnel unjustly dismissed over COVID mandates, and cutting off taxpayer funding to globalist pet projects. He is moving his country toward more freedom and prosperity while our leaders are heading in the opposite direction."
Von der Leyen characterized of Joron's remarks as "a distressing demonstration of lack of unity from a person entrusted to sit in our Parliament. Clearly, we must look to stronger methods for inducing more loyalty from our underlings in the government. To me, her intemperate disagreement emphasizes the wisdom of my suggestion to invest in a stronger military role for the European Union."
EUtopia! Where what is yours......isn’t!
It’s called a hair cut. Savers lose on this and governments will fall.
Perfectly indicative of leftist government mentality.
The populace is simply there to make money for government.
You don’t own anything. You don’t earn anything. You don’t deserve anything.
It is the reason Marx was caught up on “Means of production”. The enemy was the capitalists, not necessarily because the laborer didn’t benefit equitably from their work, but because resulting wealth and power didn’t wind up in the right hands.
How soon we forget.
A Columbia (? Hahvud?) economist back in Bathhouse Barry’s FIRST term discussed doing this in front of Congress; taking everyone’s savings, checking, home equity, paying off the national debt and starting a social-security-like “trust fund” out of which ALL citizens would be paid a stipend upon retirement: from each according to his/her means, to each according to his/her needs.
I about sch!!t myself but recall reading about it in several journals at the time (circa 2014-15).
Doesn’t surprise me in the slightest it’s being discussed seriously in the EU.
Bonnie and Clyde diverted and repurposed people’s bank savings. Seems like they got a raw deal in light of “Fighting For Freedom” Europe’s new enlightened thinking on personal property.
I mean: Obviously, if you have $1 million in the bank, it should be confiscated. But if you own $1 million in real estate investments, that's sacrosanct, and State can't touch it.
Ri-ight?
Regards,
I presume that this publication is satire, kind of like the Bee.
The article is accurate for the intent of the EU.
Soon the slogan will be changed to it's original form...
"Arbeit macht frei"
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