Preparing for Euro Breakup - conference intro & Q. by Nigel Farage

http://www.ukipmeps.org
Excerpt from 'Preparing for Euro Breakup' - Introduction and question by Nigel Farage.

Full conference is at http://www.youtube.com/watch?v=426xE48MSlM

• Conference held in the European Parliament, Brussels, on Wednesday, 12th October 2012, Room A1E2, from 10.30 a.m. to 12.30 p.m.

Two German professors join UKIP Leader Nigel Farage MEP and UKIP MEP Godfrey Bloom for a conference in the European Parliament in Brussels, 12 October 2011.

The conference was introduced by UKIP Leader Nigel Farage MEP, co-president of the Europe of Freedom and Democracy group (EFD), which sponsored the event, chaired by Godfrey Bloom MEP (UKIP).

Professor Wilhelm Hankel, who last year led the challenge to the euro bailouts in the German Constitutional Court, tackled the first topic: "Currency Union or Foreign Exchange Rate Union?" He was followed by Professor Philipp Bagus, who dealt with the "Practical steps to withdrawing from the Euro." (See bios below.)

• Professor Dr. Wilhelm Hankel
Website: www.dr-hankel.de

Born 1929 in Gdansk, started his career in 1952 at the "Bank Deutscher Länder" (the predecessor of the German Bundesbank). This was followed by positions in the Bundesministerium für wirtschaftliche Zusammenarbeit (Ministry for Economic Cooperation) and the Foreign Office.

From 1959 to 1967 he was chief economist of the Kreditanstalt für Wiederaufbau (Bank for Reconstruction) - 1967 he became the head of the department of money and credit in the Ministry for Economic Affairs and one of the closest staff members to the German economy minister Karl Schiller.

From 1971 to 1978 he was chief executive of the public Bank of the Land Hesse. Since 1971 he has been a professor for currency and development policy at the Johann Wolfgang Goethe university in Frankfurt.

Hankel has also undertaken consulting assignments for the World Bank, European Union and the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency). Until 1995 - assigned by the European Union -- he built up a training centre in West Siberia to educate bankers.

In 1998 - together with three colleagues - he made a complaint against the rushed introduction of the Euro at the German Federal Constitutional Court.

Guest professorships: 1974/75 in Harvard, 1975/76 Konrad Adenauer professor at the Georgetown University in Washington, 1978 to 1981 senior visiting professor at the Bologna Centre for advanced internationally Studies of the John Hopkins University, until 1983 guest professorship at the Center of Science, Berlin, 1990/91 guest professor to the Technical University Dresden, 1991/92 foundation chair of the German Federal Bank (Bundesbank) at the free University of Berlin.

Consulting assignments for the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency) in United Arabian Emirates and Saudi Arabia (1977/79), Korea (1980), Egypt (1981), Latin America (Dom. Republic, Guatemala, Honduras, Costa Rica, Nicaragua, 1982), PR China (1988), Jordan (1989/91), Yemen (1992), Russia (1994/95) and Georgia (1998/99).

Professor Hankel led the challenge to the euro bailouts in the German Constitutional Court.

• Professor Dr. Philipp Bagus
Website: www.philippbagus.com

Philipp Bagus is a professor of economics at Universidad Rey Juan Carlos in Madrid.

He earned his Bachelor's and Master's at the University of Münster and his Ph.D. from Universidad Rey Juan Carlos with Jesús Huerta de Soto as his adviser on a thesis on deflation.

He is the author of The Tragedy of the Euro -- How Political Interests Created a Self-destroying System and Deep Freeze: Global Credit Markets and the Icelandic Financial Crisis (forthcoming with co-author David Howden).

He has published articles mainly on monetary and business cycle theory in The Quarterly Journal of Austrian Economics, Libertarian Papers, Journal of Libertarian Studies, The Review of Austrian Economics, Procesos de Mercado, Economic Affairs, New Perspectives on Political Economy and the Journal of Business Ethics among others.

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[TheTallRaver]

Nigel Farage is like that one sober guy at a party where everybody else is drunk and when he tries to logically reason with someone, everybody just laughs at him or tells him to shut up.

That's, in a nutshell, how the EU Parliament works nowadays.

[eternitarian]

I'm on the other side of the Pond, and I say Nigel Farage for President!

[Vicharos]

@TheTallRaver Its not only the EU Parliament , every parliament in the world acts the same way, because simply they are manipulated in not seing the actual truth when its even in front of them , they willl reassure their interests first before they will actually solve this problem.

[MrBasilGanglia]

@tonester09 Well, your obviously an ignorant fuck with no hope, so piss up a rope.

[tonester09]

@MrBasilGanglia Yea, fighting the Japs after they bombed that shithole fleet of yours. And it matters not how the Soviets came back, the fact is they did. And lend lease had nothing to do with it fatty.

[gavinjengel]

@TheTallRaver Mr. Farage will be laughing last, so it's all good.

[Gandalf77479]

@TheTallRaver There is a distinct change in their reactions. A while ago they were smirking at him, while the more recent tactic seems to be perusing their paperwork in attempt to belittle importance of what he is saying.

this guy is my new hero. He's carrying on the words of Maggie who told us over 20 years ago that the Euro was Federailsm by the back door, would denude the House of all power and was an abdication of political responsibility. How right she was

[DisgruntledWalrus]

godders always looks so pissed off

[MrBasilGanglia]

@tonester09 We were also fighting the Japanese while you twats were swilling beer and eating eel fucking pie. Read a bit more about the OSTKRIEG you stupid toothless fuck. The ONLY reason the Soviets came back at Moscow was because of the mistakes made by the Wehrmacht and LEND LEASE.

[Vlakpage]

@MrBasilGanglia No but if I indeed did speak German, I would be in much better conditions now. 40 years of USSR control leaving huge indirect debt and poor infrastructure took its toll. 23 years after velvet revolution, we are still miles behind any western country and will be at least for the next few decades.

[tonester09]

@MrBasilGanglia And what's all this "You're welcome" shite that's spouting out of your overfed uncultured Yanky piehole? Did you personally win the war on your own? Did you break out of Normandy on your own (gun in one hand, double cheesburger in the other)? Was you even alive then? I think the answer to all those is a resounding no. So don't take credit for things that had nothing to do with you. Go to war late, lend a few tanks, and all of a sudden you're the savour of the World. Thick twats.

[tonester09]

@MrBasilGanglia Oh dear, yet another Yank who belives they won ww2 alone. When will you fat turds ever learn that it was the Soviet Union who did more to change the outcome of the war than the rest of the allies put together. It was they who gave the Nazis their first concise defeat, it was they who pushed them back into Berlin, it was they who lost 25 million. All you fatsos did was turn up late, and lend a few tanks.