EU Austerity

PERMANENT AUSTERITY - DEMOCRACY AT STAKE?

On the one hand EU governments implement austerity measures on society to tackle the finance crisis and on the other hand they have no scruple whatsoever to give 700 billion Euro of tax money to the banks without asking taxpayers, thus one has to assume that the entire system has a serious fault. 

Are conspiracy theorist right when they claim that the “New World Order” is imminent and that the EU dept crisis is a long-term strategic plan of the Paris Club, the IMF and the World Bank to justify austerity measures which in reality are an excuse to undermine democratic values and set the stage for the New World Order?    Maybe such theory is somewhat farfetched but if one looks closer at the recent developments surrounding the financial crisis and the response of governments and financial institutions of the “free world” one cannot avoid seriously questioning certain moves initiated by these governments and financial entities in order to undermine democratic values.      

The EU’s response to the economic crisis is setting member states on course towards a model of permanent austerity, including widespread attacks on social rights. To prevent any resistance, the model being put forward by the EU aims at minimizing or even totally getting rid of democratic interference.

(The European) 

see also: http://www.alternet.org/vision/152606/the_real_reason_why_police_cage_peaceful_protestors/