As the European Union accelerates its largely-under-the-radar usurpation of power, including an ongoing plot to impose a regional finance ministry in charge of taxation and spending without public consent, at least one prominent architect of the integration plot is sounding the alarm. German Professor Otmar Issing (shown), a staunch internationalist widely regarded as the “founding father” of the regional euro currency, issued a strong warning this month about the dangers of trying to create an EU superstate by the back door. In fact, such plotting might even produce an uprising and bring the whole EU down with it, he suggested.
The prominent German economist with stellar globalist credentials made clear that he still supports imposing a federal-style superstate regime on Europe. However, he warned his pro-superstate-by-stealth cohorts that attempting to foist such a regime on the peoples of Europe without even a semblance of public support — as is currently being planned by top EU bosses — could backfire in spectacular fashion. And that, in turn, could jeopardize all of the progress made thus far in crushing national sovereignty and centralizing power in Brussels, he warned.
“Political union cannot be obtained in the European Union by the back door,” the globalist Bilderberg attendee warned his fellow European globalists at a summit last week. “Violation of the principle of [no] taxation without representation is a wrong and dangerous approach to deepen European integration.” Indeed, the principle of no taxation without representation was a key factor behind the U.S. War for Independence — a war in which American colonists successfully took up arms against the most powerful empire then in existence.
And recent years have seen a growing tsunami of opposition to the EU’s previous usurpations of power all across the continent. That uprising has seen multiple anti-EU political parties surge in counties from France and Finland to Greece and the United Kingdom. Indeed, the U.K. government may well be forced by the public to secede from the superstate soon if current trends continue. And if EU elites refuse to learn their lesson, anti-EU fervor will continue to spread like wildfire.
“It is true, [early globalist EU architect] Jean Monnet insisted that European integration can make progress only through crisis,” he said, accurately expressing Monnet’s scheme to advance attacks on national sovereignty and promote centralization of power at the EU level by exploiting various crises. “However, should we rely on this method also in a situation of a deep lack of mutual trust? How strong is the risk that trying to move forward under such circumstances might create even more resistance?” Large enough that Issing felt the need to speak out, apparently.
Speaking at the Ambrosetti Forum in Italy, a gathering of top globalist-establishment policymakers, Issing sounded disappointed about the lack of a full-blown “political union” to rule over the formerly sovereign nations of Europe. In fact, he spent much of his opening remarks lamenting that the controversial single currency he helped design and impose on Europe had not yet led to a more speedy process of integration encompassing economic, financial, and political union, as was expected.
“The concept of common money was seen also as the pacemaker for political union,” he acknowledged, contradicting claims by globalist integration schemers at the time who dismissed fears of a superstate as “conspiracy theories” and fear-mongering. Right now, though, considering widespread unrest and outrage over the EU, and a resurgence in national divisions among Europeans, “the chances of political union are close to zero,” Issing explained, noting that it would likely remain a dream for a “long time to come.”
Issing, who currently serves as president of the Center for Financial Studies following a long career in central banking, took special aim at a document known as the “Five Presidents Report.” It was published this summer by the EU’s top bosses — the mostly unelected and unaccountable chiefs of the European Commission, the European Council, the European pseudo-Parliament, the Eurogroup, and the European Central Bank. Essentially, the report outlines a roadmap for creating a eurozone-wide finance ministry by stealth, starting with a “fiscal board” and an “investment fund.”
After reading some quotes directly from the report in question, Issing blasted the plan. “This is a transfer of [national] fiscal decision making to the European level,” he said. “For me it is hard to see how democratic accountability and legitimacy can be achieved without a full political union.” Noting that the plan is in direct conflict with national constitutions and sovereignty, Issing said the conflict could not be resolved merely by taking gradual steps to transfer de facto national powers to Brussels and hope nobody notices. “Nor can a substantial expansion of the EU budget resolve this conflict,” he added.
The German globalist was clearly not amused with his colleagues’ shadowy scheming. “Political union in Europe cannot be obtained through the back door by eroding national fiscal-policy sovereignty,” he said. “On the one hand, this would create moral hazard. On the other, it would foster resistance against enforced transfers. Attempts to follow this path would be bound to lead to tensions that might even jeopardize the degree of integration that has been achieved to date.” Indeed, if EU bosses refuse to respect agreements and treaties — the brazenly ignored anti-bailout clause, for instance — they might bring the whole house of cards down upon themselves.
Issing pointed out that, among other problems, creating a political union with even a shred of legitimacy would require referendums across most of the continent, along with changes to constitutions. “Who would expect that this process could be successfully completed under present and foreseeable circumstances?” he asked rhetorically. The answer, of course, is that nobody would expect that, because it would not happen. Hence the globalist plot to impose an EU finance ministry and eventually a totalitarian superstate on Europe by stealth.
But such a monster, with vast powers over taxation and spending usurped from nations against their will and without their consent, would spark a backlash of epic proportions. Issing understands that, but apparently his fellow globalists, lacking patience to bring the public along kicking and screaming, do not. “It is to my mind misleading and dangerous to transfer now fiscal competencies to the European level,” Issing said bluntly. He also highlighted the fact that the proposed time line — 2017 — would see the finance ministry rear its ugly head after elections in major EU countries, almost certainly because of the outcry it would produce against the national politicians behind it.
Issing has impeccable globalist credentials, having served in various leadership capacities at the European Central Bank, attended Bilderberg, and even helped impose the deeply controversial single currency on the naive peoples of Europe. He is still a globalist. His most recent comments, then, must be understood in that context. It isn’t that Issing does not want a European superstate to rule over Europe. He does. However, he wants to be pragmatic, fearing that, if it happens too quickly, or under the radar in an obvious campaign of deception, usurpation, and fraud, the long-suffering peoples of Europe will finally rise up against their would-be masters in Brussels.
The potential consequences to the EU of such an uprising are obvious — the globalist project so many generations in the making could be crushed, setting the regionalization and world order agendas back by decades. Plus, if and when the EU comes apart, it could have a domino effect, taking down other emerging regional regimes such as the African Union, the Union of South American States, the Eurasian Union, and more in the process. And that is simply not acceptable to globalist schemers, who have been rather open about the regionalization strategy toward world order that they are pursuing.
Of course, the effort to create a unified EU fiscal regime is hardly the continental regime’s only recent gambit to usurp more power. Under the guise of dealing with the globalist-engineered refugee crisis, for example, EU bosses have increasingly been demanding a bloc-wide immigration regime to allocate refugees whether national governments approve or not. Amid the euro crisis of recent years, virtually every EU and national government leader demanded deeper integration, too. Now EU “police” are even going to censor the Internet under the guise of battling “extremism.” But the extremism from Brussels will continue spewing forth unchecked.
Issing is also hardly the first to issue a warning about the EU establishment’s secretive scheming to expand its power. For instance, in 2012 then-Czech President Vaclav Klaus spoke out forcefully against the agenda coming out of Brussels, warning that the EU was in the final stages of destroying national sovereignty and self-government on the continent. “We need to think about how to restore our statehood and our sovereignty,” he said, adding that the Czech Republic joined a union in 2004, “not a federation in which the provinces become meaningless.” Klaus’s objections were different in that he opposed the globalist plan, but his warning was just as powerful and prescient.
As recent decades show, the EU and its globalist ringleaders have no intention of stopping or even being honest until national sovereignty is crushed and all decision-making is centralized in the unaccountable hands of the Brussels establishment. But Issing’s warnings to his fellow globalists are good news for those who value self-government, national sovereignty, and legitimate government. In essence, opposition to the agenda has become such a threat that any further efforts to push it could end up undoing all of their work thus far — and globalists themselves see that. The EU and its power-hungry apparatchiks will not back down. Neither should the peoples of Europe or the other regions being targeted for similar regional regimes.
Photo of Otmar Issing: AP Images
Alex Newman, a foreign correspondent for The New American, is normally based in Europe. Follow him on Twitter @ALEXNEWMAN_JOU. He can be reached at [email protected].
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