Top Masonic leaders met with the heads of European Union institutions to discuss spreading “democracy” and human rights in Europe and throughout the EU’s so-called “neighborhood,” according to a press release issued by the Brussels-based emerging continental government. Critics of the supranational regime, meanwhile, pointed out the irony of unelected regional rulers discussing democracy — especially after the EU-backed overthrow of democratically elected leaders in Italy and Greece in recent weeks.
The European crisis continues to mushroom, even as Eurocrats meet in Brussels to try to stave off implosion of the eurozone. Tuesday’s sale of Italian debt forced the government of Italy again to accept interest rates or “yields” in excess of seven percent, a level proven by experience to be unsustainable. Thursday will be another bellwether day, as Spain and Belgium — both of whose bonds are commanding steep yields — auction off debt of their own. But at the rate interests on government debt are rising across the eurozone, a few more weeks could write the epitaph for the once-touted international currency.
The British government is looking for a way to jumpstart its stagnant economy. The plan is to use pension funds to invest in big construction projects to the tune of $46.5 billion.