VANCOUVER ( Bullions Bull Canada) -- It seems impossible to believe the Nobel Prize committee could have disgraced itself any further than when it awarded its "Peace Prize" to President Barack Obama
The European Union won the Nobel Peace Prize for fostering peace on a continent ravaged by war.The reality is that in 2012 the EU did precisely the opposite of this. Understand that the "unity crisis" that has engulfed the EU was created by the EU this year. There was no unity crisis at the beginning of the year. This "crisis" didn't begin until the EU had completed its economic destruction of Greece's economy. Here again the facts are unequivocal. The EU demanded that Greece's supposedly sovereign government follow its own "plan" to supposedly rescue Greece's economy...except there was no plan. The EU simply forced Europe's least-solvent government to borrow countless billions more euros, with interest. How can forcing an insolvent debtor to borrow more money solve a "debt crisis"? Obviously it can't. It is the most-literal example imaginable of the cliche of "putting out the fire with gasoline." It's also important that readers are aware of the political/economic blackmail engaged in by the EU as it forced this economic suicide on Greece. It demanded that Greece continue to impose
"We do not have a position on how to solve these problems, but we send a very strong messageThese words are very clear: Irrespective of whether the EU deserved this award, it has been handed this prize as a tool of propaganda to aid the EU as it usurps the sovereignty of European governments while it destroys their economies one by one. The rationalizing of the Nobel chairman of the justification for using Nobel Prizes as tools of propaganda is despicable enough. However, the words take on a much more sinister tone if we credit these propagandists with actually comprehending that they were not merely rewarding failure, but (in fact) attempting to cloak the perpetrators of this crisis with a veil of legitimacy. How else do we interpret the Nobel committee's decision to award its 2009 Peace Prize to a perpetrator of war? The once-prestigious Nobel awards have not merely lost all of their luster, but have devolved into a mockery of excellence. At best, they regularly reward failure. At worst, they are a shameless attempt to hide the crimes of Villains. There is now only one way to derive any "honor" from a Nobel Prize: Refuse to accept one, or, for past winners, to renounce their bogus trinkets. This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.
emphasis minethat we should keep in mind why we got this Europe after World War II...And that we should do everything we can to safeguard it, not let it disintegrate and let the extremism and nationalism grow again..."