Sunday, October 30, 2011

Huge German Monkey Wrench Smashes Euroland Bailout Plan

Late Yesterday the German Constitutional Court voted to stop the special new panel approved by Germany's parliament to quickly ok decisions to disburse taxpayer funds to bail out Euroland.
Stop the German money and the rest of Euroland withers on the vine. They are protecting the right of the Bundestag to vote on financial appropriations and aren't allowing the 9 member super panel to vote for them. This sounds eerily similar to the special American SUper 12 panel that is being used to usurp congress. Apparently the German High Court actually has the balls to follow the letter of the law, unlike their American counterparts.

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