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5/9/12

A slanderous attack by the Murdoch Media Empire on Europe's right to self determination through their Fox News mouthpiece

 Fox news, a member of the Murdoch news empire says in its banner headline today: "Why the death of Europe is America's opportunity".

And Fox news vcontinueswith more slander from Arthur Hermana, who writes: "Elections Sunday in France and Greece prove once and for all that the European Union is headed off the cliff, and its voters don’t care.

In the short term, that’s going to mean some heartburn in US markets and global financial centers.  No one likes to watch a major portion of the world’s industrialized economies, commit suicide. But in the long term, the death of Europe offers a huge opportunity for the United States—and a vindication of our free market system.

By “Europe” I don’t mean the collection of nation-states which were once the driving engines of Western civilization, and home to our own culture and science.  I mean the great socialist empire known as the European Union which the Maastricht Treaty created in 1992, at the end of the Cold War–another war, by the way America won for Western Europe, and which it did nothing to bring out.

Well, no great empire has ever collapsed as swiftly and decisively as this one. President Obama was probably too busy doing his victory laps on the anniversary of the killing of Usama bin Laden to notice, but the centralized Europe he and other American liberals saw as a model for transforming the United States, is in a state of free fall.

The great hope of the EU was that by giving up the “outdated” idea of national sovereignty and submitting to the rule of faceless bureaucrats, Europe would emerge as a united federation as strong as the United States, but with a “progressive” central government more like the old Soviet Union: one that would guide society toward greater vistas of prosperity, equality, and justice. 

Yes, we have our own mountain of debt and reckless spending, and sputtering private sector growth.  But while Europe’s economies stare into the abyss, we’re poised to become the world’s new center for energy (thanks to shale oil and gas),  advanced manufacturing, and wireless and high tech innovation. Even with Wall Street’s hands fettered by the rules imposed by Congress’s Dodd-Frank legislation, look for a capital flight from Europe to America.  Once a Republican president and Congress repeal Dodd-Frank as well as ObamaCare, don’t be surprised if that flight becomes a flood.

With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left."

The above report is not only pure US Republican/T-Party propaganda and BS,  it's also an insult to Europe, the US's most important trading party.  Hopefully the clamps applied by the British Justice system on the Murdoch Media Empire as a result of their wire tapping and other misdeeds,  involving political, well known personalities and ordinary citizens, will also be followed-up in America by the US judicial system,

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