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That's a coup d'etat.

Can the Vervassungschütz please start protecting the constitution from these usurpers? Or are they too busy protecting neo-nazis and infiltrating anti-austerity protesters?

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Dec 9th, 2011 at 08:19:22 PM EST
[ Parent ]
That's a coup d'etat.

It is seldom perceived as such if done by bankers - it would seem. I would hope this is an exception. The Bundestag and/or courts may end up doing the right thing for the wrong reason by vetoing this.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Dec 10th, 2011 at 12:14:59 AM EST
[ Parent ]
See Michael Hudson's Europe's Transition From Social Democracy to Oligarchy (December 6).

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Mon Dec 12th, 2011 at 09:15:31 AM EST
[ Parent ]

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