Juncker’s Latest Lie: “Less is More”

IMG Auteur
Published : March 02nd, 2017
383 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
Our Newsletter...
Category : Opinions and Analysis

European Commission president Jean-Claude Juncker, the man famous for saying “When it becomes serious you have to lie”, is back at it.

In a sure sign that things are serious, Juncker is spouting a monstrous lie that “less is more” and that he is willing to return powers to national governments to shore up post-Brexit EU.

24hGold - Juncker’s Latest Lie...

EU states could regain control over matters ranging from regional development to consumer protection, Jean-Claude Juncker, has suggested, setting out ideas to shore up the bloc after Brexit.

“Sometimes less is more. The EU 27 could focus on areas where we make a real difference,” Juncker told the European Parliament on Wednesday. “We should not make people believe that we can deliver the sun and the moon if we are only able to deliver a telescope.”

Juncker said the bloc could step back from regional development, public health and parts of employment and social policy. It could also allow more national power on state aid controls and set only a strict minimum for consumer protection and health and safety standards.

At the same time, all member states would grant the EU increased or exclusive responsibility for innovation, trade, security, migration, asylum claims, borders, and defense — with much stronger powers for Brussels to directly implement and enforce collective decisions. Such powers would be in line with far-reaching European oversight of competition policy and banking supervision.

Nations Get Control Over

  1. Regional development (something they had already)
  2. State aid controls (With only a strict minimum for consumer protection and health and safety standards)

EU Gets Exclusive Control Over

  1. Innovation
  2. Trade
  3. Security
  4. MigrationAsylum claims
  5. BordersDefense
  6. With much stronger powers for Brussels to directly implement and enforce collective decisions
  7. Far-reaching oversight of competition policy
  8. Far-reaching oversight of banking supervision

More is More

While preaching “less is more” details of Juncker’s proposal prove he wants the sun, the moon, and the stars in return for essentially nothing.

Things must be really serious for Juncker to be spouting like this. Of course, he could also be drunk.

Other than being a pompous buffoon, Jean-Claude Juncker is most famous for his statement “When it becomes serious, you have to lie“.

Inquiring minds may also wish to consider ‘Drunk’ EU Chief Junker Face Slaps World Leaders at Summit in Resurfaced Viral Video.

Mike “Mish” Shedlock

Source : mishtalk.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Top Ten Reasons I Buy Gold Silver [#7] - These Assets Come With a ...
21 Sepvictoriashores1
HI Jeff I have read your articles with a lot of interest in your feelings with the future of Gold and Silver. I'm 75 years of age and have ...
What Is the Correct Amount of Money?
20 Sepgfs543
If money is the heart of the economy, then the economies of the world are running with diseased hearts. Keynesians and other monetary intervention...
20 SepGypsy
James, you're getting more difficult to read. As a Deplorable, I realize my under-education leaves me at a disadvantage when faced against the Mer...
18 Sepdennyc3
If a university professor has been on the job for more than five years without venturing out into the world there's usually nothing to learn here. ...
Rude Awakening for the US in January? No, Just More Alarmist BS Fro...
The world & the US $ have been on the brink for 10 years (or more). In 2008 it nearly happened but giving the 1% a stack of money saved the day. It...
'No evidence' of gold market manipulation, CPM Group's Christian in...
15 Sepneville
Despite being a so-called GOLD website ,I have read more anti GOLD articles on kitco than on any other site. Yes chris you are absolutely corre...
Rude Awakening for the US in January? No, Just More Alarmist BS Fro...
15 SepSilverthumb2
I used to enjoy listening to Rickards. He sold out when he signed on with Agora Financial. Now he's just another ranting alarmist trying to get ri...
What's Killing the Jobs Market?
13 SepJ.0
It is hard to know where to begin to respond to your comment Recusant. You do not seem to understand how markets work. So, I'll throw out some po...
Most commented articlesFavoritesMore...
World PM Newsflow