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ESM WILL NEVER HAPPEN!! Several constitutional complaints at German high court against ESM today; President can not sign the new law even if voted yes in parliament!


ESM will not come, Fiscal union will never happen, Eurobonds will never happen!

via google translate:

The Federation of Taxpayers (BDST) threatened with a complaint before the Federal Constitutional Court should approve the Bundestag and Bundesrat to the European Stability Mechanism (ESM).

Berlin / Schwerin (DAPD). The Federation of Taxpayers (BDST) threatened with a complaint before the Federal Constitutional Court should approve the Bundestag and Bundesrat to the European Stability Mechanism (ESM). “We see not only a lack of democracy, but also liability risks for the German taxpayers that are not manageable,” said the new president of the 320 000-member association, Reiner Holznagel, on Friday the “People’s Daily Schwerin.”

http://translate.google.de/translate?sl=de&tl=en&js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&u=http://www.derwesten.de/nachrichten/steuerzahler-bund-kuendigt-verfassungsbeschwerde-gegen-fiskalpakt-an-id6822856.html&act=url

http://www.derwesten.de/nachrichten/steuerzahler-bund-kuendigt-verfassungsbeschwerde-gegen-fiskalpakt-an-id6822856.html

 via google translate:

The FDP -Euro-skeptic Frank Schaeffler and Burkhard Hirsch have been behind the announced constitutional complaint of the former SPD -asked Justice Minister Herta Daeubler-Gmelin and law professor Christopher Degenhard against the planned euro rescue ESM.

The rationale of the two lawyers had convincingly that both liberals said in a joint statement on Friday. The ESM is “unconstitutional in its present form” and will not solve the crisis in €.

Both the ESM Act itself and the process to damaged public confidence in the stability of the single European currency, arguing coopers and deer.”We think this procedure is unconstitutional.” Such fundamental decisions should not be considered in the “simplified procedure”. They also believe it would be inadmissible, the final decision on the German budget – to transfer the dispute to the European Court of Justice (ECJ) – a core competence of the German Bundestag.

Against the European fiscal pact and the ESM, decide on the evening Bundestag and the Bundesrat, a number of lawsuits have been announced in the Federal Constitutional Court, including one of the Left Party in the Bundestag.

http://translate.google.de/translate?sl=de&tl=en&js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&u=http://de.ibtimes.com/articles/25850/20120629/liberale-euro-kritiker-stellen-sich-hinter-esm-klage.htm&act=url

http://de.ibtimes.com/articles/25850/20120629/liberale-euro-kritiker-stellen-sich-hinter-esm-klage.htm

 

 

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