With escalating fears regarding the stability of the eurozone, today King World News interviewed former LBMA commodities broker and trader and current MEP Nigel Farage to get his take on the situation.  Farage told KWN he believes there will be an attempt, within months, to install a dictatorship in Europe.

Kingworldnews

Welt Online stellt dankenswerterweise ein paar der ESM Befugnisse zusammen:
Der Vertrag zum Europäischen Stabilitätsmechanismus (ESM) ist ordnungspolitisch fragwürdig und ein finanzpolitischer Husarenritt. Er wird zum Inbegriff einer fiskalischen Zentralverwaltungswirtschaft der Euro-Bürokratie werden. Der ESM-”Gouverneursrat” wird direkt Zugriff auf deutsche Staatsfinanzen nehmen. Zudem kennt der ESM-Fonds keine Veröffentlichungspflichten wie etwa bei der Europäischen Zentralbank (EZB), er kann daher in Geheimrunden Entscheidungen treffen.

SAO PAULO (AP) — Grade-school students in a northeastern Brazilian city are using uniforms embedded with locator chips that help alert parents if they’re cutting classes, the city’s education secretary said Thursday. Twenty thousand students in 25 of Vitoria da Conquista’s 213 public schools started using T-shirts with chips earlier this week, secretary Coriolano Moraes said by telephone.

YahooNews

(AP) STOCKHOLM – Sweden was the first European country to introduce bank notes in 1661. Now it’s come farther than most on the path toward getting rid of them. “I can’t see why we should be printing bank notes at all anymore,” says Bjoern Ulvaeus, former member of 1970′s pop group ABBA, and a vocal proponent for a world without cash. The contours of such a society are starting to take shape in this high-tech nation, frustrating those who prefer coins and bills over digital money.

CBSNews.com