The German Bailout

Only enough money to kick the can down the road for a little while.

…Beatrix Von Storch, spokesperson for the Civil Coalition Movement, told RT that the new measures were a “threat to democracy in Germany and Europe” and they are “not backed by the majority of the people.”

“The parliament is voting down democracy and handing over the power of the people to an unelected government, the ESM board of governors,” she stressed

She added that she did not understand why German policy makers were pushing ahead with a policy that uses German taxpayers’ money to bail out Europe.

“This cannot work; even Germany is not able to pay off all the debts in Europe,” she said, adding that the real problem was not being addressed and that Brussels was just paying off debts that will be “replaced tomorrow.”…

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