‘Legalized’ Extortion: The EU’s Communitarian “Stability Mechanism”

December 28, 2013 – Disguised as a mechanism to “save” the EU and its member states from future financial horror, the European Stability Mechanism (ESM) is set to leverage more than 700 billion euro in its initial phase. It will be one of the most important elements of the coming European Federation, created to enable more oppression and power grabbing by the banks and corrupt politicians.

Of course, the ESM finds itself completely out of the democratic realm, so not even one EU citizen would have the power to cast its vote against the ESM, or against the EU for that matter.