Why Is the Fed Paying So Much Interest to Banks?

Posted by DanielS on Wednesday, 03 April 2019 16:42.

Why Is the Fed Paying So Much Interest to Banks?

TruthDiig.Org, 1 April 2019:

Wikimedia Commons

“If you invest your tuppence wisely in the bank, safe and sound,
Soon that tuppence safely invested in the bank will compound,
And you’ll achieve that sense of conquest as your affluence expands
In the hands of the directors who invest as propriety demands.”

— “Mary Poppins,” 1964

When “Mary Poppins” was made into a movie in 1964, Mr. Banks’ advice to his son was sound. The banks were then paying more than 5% interest on deposits, enough to double young Michael’s investment every 14 years.

Now, however, the average savings account pays only 0.10% annually—that’s one-tenth of 1%—and many of the country’s biggest banks pay less than that. If you were to put $5,000 in a regular Bank of America savings account (paying 0.01%) today, in a year you would have collected only 50 cents in interest.

That’s true for most of us, but banks themselves are earning 2.4% on their deposits at the Federal Reserve. These deposits, called “excess reserves,” include the reserves the banks got from our deposits, and on which they are paying almost nothing; and unlike with our deposits, there is no $250,000 cap on the sums banks can stash at the Fed amassing interest. A whopping $1.5 trillion in reserves are now sitting in Fed reserve accounts. The Fed rebates its profits to the government after deducting its costs, and interest paid to banks is one of those costs. That means we, the taxpayers, are paying $36 billion annually to private banks for the privilege of parking their excess reserves at one of the most secure banks in the world—parking them, rather than lending them out.

The banks are getting these outsize returns while taking absolutely no risk, because the Fed, as “lender of last resort,” cannot go bankrupt. This is not true for other depositors, including large institutions such as the pension funds that hold our retirement money.

READ MORE...


Nation Revisited: 1973 Action Party (Union Movement) published its manifesto “Ten Points For Action”

Posted by DanielS on Monday, 01 April 2019 16:46.

Monday, 1 April 2019
Nation Revisited # 150 April 2019:

April is the Cruellest Month.

The great American poet TS Elliot (pictured) began his epic poem, “The Waste Land” with the words “April is the cruellest month”; further on he states, “London Bridge is falling down, falling down, falling down”. Unfortunately, only Greg Johnson knows what Elliot was talking about.

This April will be cruel for those who were looking forward to Britain leaving the European Union. But having waited 46 years to ‘get our country back’, another two months is not so bad.

The Brexiteers are obsessed with the idea of nationality, but we Britons are Europeans by blood, culture. If we leave the EU we will probably rejoin in a few year’s time. It’s not a perfect institution but it’s a step in the right direction - towards European unity.

Ten Points for Action

In 1973 Action Party (Union Movement) published its manifesto “Ten Points For Action”.

1. Action to Build Houses

We want Action to solve the housing problem. It should be taken out of the hands of local authorities and entrusted to Government leadership, with powers to mass produce houses and flats like an “operation of war”, turning out homes as arms and munitions were mass-produced in time of war.

2. Stop The Land and Rent Rackets

Give the Government powers to acquire land at pre-boom prices and to finance housing by low-interest charges on all non-essential and luxury buildings. Such action would bring down house prices and rents and at last provide good but cheap housing for all.

3. Stop Immigration - Start Repatriation

We want Action to ease the pressure on housing and other social problems (like the reintroduction of diseases unknown in Britain for hundreds of years) by stopping all further immigration and by repatriating all post-war immigrants to good jobs and conditions in their homelands to which prosperity has been restored by using the surplus wealth and production of united Europe. But Britain could make a start now before the complete union of Europe is achieved.

Remember that we have been advocating this policy since 1952, long before any of those now saying the same sort of thing - without the means to carry it out.

4. A Choice in Education and Health

We want Action to build good schools, colleges, universities and hospitals, just as we would mass produce houses and flats. Parents should have a choice of schools for their children. We should not be taxed to provide those health services we will never use (maternity benefits for confirmed bachelors!) but free to pay in proportion to our requirements.

5. Free Speech - Law and Order

We want Action to ensure freedom of speech for everyone, guaranteed by the Government, which has a duty to maintain law and order in the State and to take effective action against mob violence, which today denies freedom of expression to any views of which its agitators disapprove. Let us maintain local police forces with their local knowledge and experience but let us supplement them with a highly-trained, well-equipped, mobile national police force, to put down organised crime and to maintain public order.

We would ensure freedom of the Press for both newspapers and the public. Any man who felt himself misrepresented in the Press should be guaranteed (by law) equal space to reply in the newspaper concerned. This would free the public of the expense of seeking justice through costly libel action and free the newspapers from the legal blackmail of a threatened libel action by some unscrupulous racketeer.

6. Capital Punishment

The death penalty should be restored to the statute book, to be used sparingly in the case of premeditated murder. The Court of Appeal should have a solemn duty to recommend a reprieve if in any doubt. The sentence should be carried out not by hanging but by a quick and painless injection, or by some other humane method.

7. Action in Europe

To put these policies into practice Britain must advance beyond the concept of a so-called united Europe and Common Market to which the Conservative Party has at last been converted and which the Labour Party still opposes. We must advance quickly to ‘Europe a Nation’, which we have advocated since 1948. We stand for a union of all Europe. our former white Dominions and southern Africa, a great “third force” in the world, independent of both America and Russia.

This “third force” should have a central government for its defence, the economy, finance and scientific development, with power to raise wages and control prices as production increases for a guaranteed market, insulated against unfair competition from the rest of the world.

We need a European army, equipped with the most modern weapons, to defend our continent against attack from any quarter. This should be financed on a European budget instead of each small country straining its economy to finance its own defence.

8. National and Regional Governments

There should be independent national and regional governments for each European country and the main regions. This would enable England, Wales, Scotland, Ireland and other European countries and regions to have their own parliaments for internal affairs and for the preservation of their national and regional cultures.

9. The Irish Problem

The ultimate solution to the Irish problem is the union of that country within a united Europe. But the bloodshed must first be brought to an end by a free vote on a county basis in each of the Six Counties and a subsequent rearrangement of the border. The bulk of the Catholic population in the North would then be ruled (as is their wish) from Dublin, with a lessening of present tensions, the IRA would lose its bases in the North and the British Army would have a much shorter border to patrol against infiltration from the South. In this improved situation, agreement could more easily be reached on the eventual union of Ireland, with the rights of the then Protestant minority protected and guaranteed by European government.

10. Government of National Union

We stand for a government of national union and effective action, drawn from the whole nation; from the professions and the trade unions, arts and science, the law, and the armed forces. Government elected by the whole people alone should govern. It should have power to lead the economy, raising wages and controlling prices as science increased production. Then we will have cooperation instead of conflict in industry.

We want Action to halt the ‘brain drain’ and to arouse a new spirit of national service in our British people, by relating all reward directly to skill, effort, initiative and responsibility. There should be “great reward for great service”, crowned by higher pensions drawn from the wealth of the new economic system, as the reward in old age for those who had loyally served the nation throughout their lives.

Nearly fifty years later, many of these problems and their solutions remain the same, but some things have changed. The mass repatriation of immigrants is no longer possible because there are far too many of them; the old Dominions have found new markets; peace has been established in Ireland by the Good Friday Agreement; taxation has been modernised, and the Brexit fiasco has shown that a Government of National Unity is more relevant than ever. Oswald Mosley died in 1980 and the last issue of his newspaper ‘Action’ was issued in 1992. But his books are still in print and the ideology of Union Movement is propagated by the Friends of Mosley website: http://www.oswaldmosley.com

Science to the Rescue

We are trashing our environment at such a rate that some scientists think that it’s already too late to save the planet. The latest warning concerns the insects on which we rely to fertilise our crops. Most of the world’s leaders now accept that something has to be done but the leader of the so-called Free World, Donald Trump, is reopening coal mines and drilling for gas and oil. He wants the coalminer’s votes and he doesn’t care about the consequences of pollution.

President Donald Trump will not be around when our planet is turned into a desert. But our children and our children’s children will inherit seas full of plastic waste and land contaminated with chemicals. Trump will not be president forever. He may win the next election with his tax cuts and promises to stop immigration, but the founders of the United States had the good sense to limit a president to two terms.

Politicians have never been much good.  It has always been the scientists and engineers who have saved us in times of trouble. Politicians did nothing about the unsanitary conditions that existed in the nineteenth century. Contaminated water spread diseases until the great engineer Joseph Bazalgette (pictured) provided clean water and efficient sewage.

It was scientists, not politicians, who gave us the Industrial Revolution, improved agricultural output and discovered modern medicines including antibiotics. And it was engineers who built the railways, conquered the oceans and the skies and eventually got us to the Moon. This resulted in pollution but it wasn’t until the Fifties that governments have started to protect the environment.

If our World is to be saved it will be by scientists, not politicians. In fact, we may even develop computers that will consign parliaments to the scrapheap. Government by algorithm may seem far-fetched but it couldn’t be worse than the shambles of Westminster. Computer programs driven by data are not prejudiced, they are not lazy, they cannot be bribed, and they always do their best.

The Things They Say

British prime ministers are great liars. Harold Wilson devalued the pound but said that it would not effect “the pound in your pocket”. He knew perfectly well that it would directly effect everyone but his calm, pipe smoking image was reassuring. Margaret Thatcher said that she understood peoples fears of being “swamped” by immigration. Tony Blair warned us of “weapons of mass destruction”. And Theresa May starts every statement with the words “let me make this very clear, before deliberately confusing us.

Another trick is to damn us with faint praise. Before criticising the National Health Service, Nigel Farage paid tribute to the dedication of the medical staff. He would probably like to privatize the entire service but he dare not say so.

The Good Friday Agreement is another source of mendacity. Most people are thankful that peace has reigned for twenty years but there is a twisted minority that hates the Irish. They say that they want no borders in Ireland but given the chance, they would bring back border posts, guard dogs, and armed soldiers patrolling the streets.

Immigration is another subject that turns men and women into liars. When they say that they value the contribution made by immigrants, they really mean that they would like to round them up and throw them out of the country. But such a statement would never be made.

They have twisted the truth so much that nobody knows what they are talking about. Dedicated racists masquerade as liberals and lifelong pro-Europeans, like Theresa May, pretend to be Brexiteers. If they were selling soap powder instead of policies they would be charged under the Trade Description Act. Unfortunately, it doesn’t cover politicians.

In South America, in the good old days, they used to shoot lying politicians at regular intervals. This kept them on their toes until the next revolution. We are far too enlightened to follow their example but we must find a way of getting our representatives to tell the truth.

Opinions

Every month I invite those wishing to get off my mailing list to reply with the word ‘delete’. This is a requirement of the Data Protection Act, So far, less than 10% have asked to be deleted. I thank the 90% who are interested in my opinions.

Those who unsubscribe usually object to my allegedly liberal views. I am opposed to non-European immigration, but I am not obsessed by Race and I reject the Jewish conspiracy theory. The Deleted are usually patriots who have been radicalised by writers such as AK Chesterton (pictured). The following paragraph is from an essay he wrote for the British Union Journal in 1936 entitled “The Apotheosis of the Jew”.

“It is now that the Jew stands on the verge of world domination. Accepted by society in its decadence he is able to move among highly placed people and pull political strings for the international financiers; in return, he can conspire with his fellow radicals all over the world to pull financial strings for the politicians. So long as his essential “Jewishness” is concealed there is no mischief which he cannot encompass by the subtle exercise of his power; no market he cannot ‘rig’, no government he cannot crash, no foreign relationship he cannot foul, and with skill and patience no war he cannot engineer. The whole world stretches before him as his promised land.” 

AK Chesterton was right about the Jews being powerful in the USA and Europe but they hardly figure in Asia. Chinese, Japanese, Korean, Malaysian and Indian businessmen are as greedy as their Western counterparts, but none of them is Jewish. AK would have appreciated the story about the two Jews who were passing a Church. A large notice said: “Convert to Christianity and get £100. Abe went into the Church leaving Saul outside. When he returned, Saul asked him if he had converted. He said “yes, I am now a baptised Christian. “So what about the £100”. “Money, money, money”, said Abe, “that’s all you Jews think about.”

Of course, there are some readers that I don’t want. Brenton Tarrant, the Australian terrorists who killed fifty worshippers in New Zealand, is not a White Nationalist hero, he is a psychopathic killer and a suspected Mossad agent.

Alan Welfare RIP

Alan Welfare, a Former Union Movement member and lifelong Mosley supporter, died of a stroke at Weston-Super-Mare on February 28th. Here he is seen, in the background, at another funeral. He will be sadly missed by his comrades.

Jeff Wallder writes

Alan joined the Movement as a teenager in the 1960s and was an active member. He was always good company, great sense of humour and a gentleman. He did his best to prevent the decline of the country he loved and remained loyal to Mosley and to Europe until the very end. To him, we extend the full arm salute.

Terry Wilson writes

Alan was a dear friend and former neighbour who helped rejuvenate the League of St George. He had a great sense of humour and was loyal to Mosley, UM, the LSG and the vision of Europe a Nation. At demos when the reds shouted at him “Nazi”, he would calmly reply: “I am not a Nazi, I am a Fascist.” A true and loyal comrade. Our thoughts go out to Debbie, Tristan and Mikela.

Nation Revisited

All articles are by Bill Baillie unless otherwise stated. The opinions of guest writers are entirely their own. This blog is protected by the UN Declaration of Human Rights, Article 19: “We all have the right to make up our own minds, to think what we like, to say what we think, and to share ideas with other people.”

Comments

Use the facility at the end of this blog to leave a comment and read what others have to say.


Internet censorship is about to get so much worse

Posted by DanielS on Monday, 01 April 2019 05:45.


Geographical Distribution of The World’s 50 Top Billionaires

Posted by DanielS on Monday, 01 April 2019 05:32.

The Geography Of The World’s 50 Top Billionaires

Zero Hedge, 1 April 2019:

The business world has undergone considerable change in the last two decades.

While some fortunes are always reliably passed on to their respective heirs and heiresses, Visual Capitalist’s Jeff Desjardins notes that there are also entirely new industries that rise out of nowhere to shape the landscape of global wealth.

As the wealth landscape shifts, so does its geographical distribution.

The 2019 List of Billionaires

Today’s chart uses data from the most recent edition of the Forbes Billionaires List to map the distribution of the world’s richest people, and then compare that to data from 20 years prior.

We’ll start here by looking at the most recent data from 2019:

The most recent billionaires list features Jeff Bezos at the top with $131 billion, although it’s likely his recent divorce announcement will provide an upcoming shakeup to the Bezos Empire.

Bezos is just one of 21 Americans that find themselves in the top 50 list, which means that 42% of the world’s top billionaires hail from the United States.

Billionaire Geography Over Time

If we compare the top 50 list to that from 1999, it’s interesting to see what has changed over time in terms of geographical distribution. Here’s the distribution of top countries on both lists, compared:

In the last 20 years, Russia and China have stockpiled the most top billionaires, adding five and four to the top 50 list respectively. The United States added three, going from 18 to 21 billionaires over the timeframe. On the other end of the spectrum, Germany, Sweden, and Switzerland have lost the most billionaires from the top 50 ranking.


(((Luke Ford))) favors eugenics to the point of sterilization of people with I.Q.s under 100.

Posted by DanielS on Sunday, 31 March 2019 20:13.

Let the record show - 1:38:19 - (((Luke Ford))) favors eugenics to the point of sterilization of people with I.Q.s under 100.

Given that all European countries have I.Q.‘s around 100, a few barely over 100, if at all, and most a little below 100, he is talking about sterilizing at least half the native European population. Apparently, your daughter with an I.Q. of 99 should have her tubes tied….

Keep talking Luke, lets have more light to the goyim from your shining hill.


Dennis Dale talks with DanielS & Ecce Lux beyond the “Black Pill”.

Posted by DanielS on Sunday, 31 March 2019 09:43.

Beyond the Black Pill with Dennis Dale, Eccel Lux and DanielS

Press here for Audio/Visual Stream.

A few matters mentioned….

THE MANY CRIMES OF MEL HALL

HE WAS A FLAMBOYANT PLAYER, A CHARISMATIC COACH, AND A SEXUAL PREDATOR

SB.Nation, 14 July 2014:

“Mel Hall loved sex. Sex is what drove him,” said McMillan. According to a high school teammate, Hall impregnated two girls by the time he was a high school senior. The best guess of Texas authorities for the number of children he eventually sired is eight.

...

HE SAID HE HAD NOTICED THE BLOND, WHOLESOMELY BEAUTIFUL GIRL IN THE STANDS THAT DAY, AND WANTED TO GET TO KNOW HER BETTER.

...

The first time Hall had sex with Jennifer, her father was asleep on the sofa several feet away. After it was over, the 15-year-old cried. Decades later, she testified that Hall told her it was OK because he would marry her once she turned 18.

The photo of Mel Hall and Jennifer at her high school prom, which appeared in the 1991 Yankees team yearbook.

She is now 40. Through all the years, as she steered her life from a subject of gawking into a remarkably conventional version of suburban motherhood, she kept it all: The photos, the love letters, the apology letters, the jewelry receipts. She needed proof. It was such a bizarre story that nobody would believe her otherwise. Sometimes it’s still hard for her to believe herself. Everything happened so fast, and she had so little control over how it unfolded.

After the Friday night game in which Hall had amazed the Diaz family by tapping his bat three times on the plate, he called the house and spoke to Jennifer’s mother. He told her that despite his fame and wealth, he felt overwhelmed and alone in New York, in need of a family. Jennifer’s mother always had a soft spot for strays — she “loved the unlovables,” as Jennifer put it in a recent interview — and Hall had a manipulator’s ability to tell people what they wanted to hear. The two hit it off and talked for hours. By the end of the conversation, Hall was calling her “Mother.”

He invited the family to Yankee Stadium the next day for the Saturday night game. He gave them box seats, Yankees jackets, and the signed baseball that Jennifer had asked for in her fateful letter weeks ago. Nobody thought too much about what Hall’s angle was, because thinking too much would have ruined the rapidly evolving fantasy. But Jennifer’s father, likely sensing that Hall might be interested in his daughter, cautioned Hall upon meeting him at the stadium that his daughter was only 15.

“Keep drinking your milk, kid,” Hall quipped. Everyone laughed, the potential uneasiness of the situation diffused by humor.

The following day, a Sunday, Hall found time to speak at length again to Jennifer’s mother, and the two arranged that he would come over to the house in Fairfield, Conn., later that evening. Fairfield is a well-to-do New York City suburb, but Jennifer says her family was at the bottom rung of the town’s economic hierarchy: Her mother ran a daycare business out of the house, and her father was a contractor. When Hall pulled up to the Diaz home in a limo, the family was so impressed that they took pictures of his arrival.

That particular day had been rough for Jennifer: She had gone to the beach with her friends and told them about what had transpired with Hall, but, not without a little envy, her friends had made fun of her. When Hall arrived, he said he had come because he heard she was upset. He said he would protect her, and that destiny had brought them into each other’s lives. And, only a day after meeting her in person, he told her that he loved her.

Jennifer poses with the Chevy Cavalier that Mel Hall gave her.

For the rest of the week he came over every night after the game, fantasizing to Jennifer way past midnight about their future together. Before she knew it, before anyone had asked her how she felt about it, he had moved into her family’s home. Yes, Mel Hall, a major league baseball player, was coming home after every game and sleeping on the living room floor of a suburban family whose 15-year-old daughter he had just met and with whom he now claimed to be in love.

That same week, he bought Jennifer a red Chevy Cavalier convertible — despite the fact that she was too young to have a driver’s license. Gifts came pouring in to her family as well. Tickets to every Yankees game for the whole clan — Jennifer’s attendance was mandatory — and transportation via limo. A Corvette convertible for her father. One morning, bulldozers showed up at their home to start digging an in-ground pool. If Hall wanted to buy his way through life, as his bodyguard McMillan suggested, he was certainly buying his way into the Diaz’s hearts.

HALL EVENTUALLY MOVED FROM THE LIVING ROOM INTO THE MASTER BEDROOM, DISPLACING THE PARENTS TO HER OLD ROOM.

Mel Hall was teammates with Luis Polonia on the Yankees in 1989 when Polonia was charged for bringing a 15 year old (blond) girl into a Milwaukee hotel room with him for sex. Polonia claimed he “did nothing wrong.” When the Milwaukee Brewers sent a message, having their pitcher give Polonia some “chin music” (throwing at him), Hall charged the pitcher for a bench clearing brawl. Though I was a long time Yankees fan, I stopped being a Yankees fan or a baseball fan altogether at that point. What made it most sickening was the way baseball soft peddled these issues - the Yankees even took Polonia back after he had been traded away. Hall’s prom date(!) picture with Diaz was featured in the Yankees Yearbook. Perhaps more dismaying still was the reaction (or lack thereof) from Whites in general. Even my older brother said (with a laugh), “if he hits well, he can have a harem of them.”

I can’t repeat what I said to my older brother in response.

Polonia settles sex lawsuit

UPI, 15 Mar 1993:

MILWAUKEE—California Angels outfielder Luis Polonia has settled a lawsuit with a Milwaukee young woman who sued him after the two had sex at a hotel room when she was 15, the woman’s lawyer said Monday.

Polonia, who was with the New York Yankees during the 1989 incident, took the girl to the Pfister Hotel in 1989 after a game with the Milwaukee Brewers.

He claimed she consented to sexual intercourse and that she told him she was 19 and had had sex before with several baseball players. The woman’s lawyer, James Murphy, said she was a virgin, ‘particularly naive and vulnerable and was led to believe that Polonia’s attentions were virtuous and honorable.’

Murphy said the lawsuit was settled over the weekend. He declined to name the amount of the settlement, but said it was ‘very substantial and would cause Polonia to think twice about using his celebrity status to prey upon underage females who tend to look up to and admire professional athletes.’

Murphy said the settlement would pay for psychological therapy for his client and provide for her future education.

Polonia was criminally charged in the incident and pleaded no contest to sexual intercourse with a child. He was sentenced to 60 days in jail, fined $1,500 and ordered to pay $10,000 to the Sexual Assault Treatment Center at Sinai Samaritan Medical Center. Polonia agreed in January to a $2.4 million, one-year contract with the Angels.

More fun with Mel Hall…

June 24, 2007

Mel Hall Arrested

From the AP -

Former Yankees outfielder Mel Hall has been charged with sexually assaulting two girls in 1998 and 1999 when he was coaching them on a select basketball team.

The 46-year-old Hall was released from jail Friday on $35,000 bail. He was arrested the previous day on charges of sexual assault of a child under 17 and aggravated sexual assault of a child under 14, police said yesterday. The second charge carries a possible life sentence because of the age of the alleged victim.

When Hall was arrested, there was also an unrelated outstanding warrant on a theft charge, police said.


Invasive Species “Metaphor”: Hybrid African/European Honeybee Forms Parasitic, Invasive Killer Bee

Posted by DanielS on Sunday, 31 March 2019 07:00.

 


Salvini: “My only purpose is to save Europe”

Posted by DanielS on Saturday, 30 March 2019 09:28.

“My only purpose is to save Europe”

Voice of Europe, 29 Mar 2019:

When Deputy Prime Minister Matteo Salvini spoke at a press conference at Lega’s historic headquarters at Via Bellerio 41 in Milan he was radiant with joy. His party tripled its number of votes in the regional elections in Basilicata (in just one year, it grew from 6.2% to 19%).

In a short interview Sputnik News asked Salvini about his predictions for the elections to the European Parliament, about how he and Lega see the fate of Europe, given that, according to the recently presented Confcommercio Report, Italy is the most “Eurosceptical” country, along with the Czech Republic, and is seemingly ready for an “Italexit”.

“Neither I, nor our government, has any plans to leave the European Union, but there is a conviction that it is necessary to change its laws and regulations in order to remain a member of the European community with a sense of self-respect and dignity”, Salvini said.

“Obviously, the reality is stronger than propaganda. You can hang EU flags on the balconies, but what kind of Europe is that?”

“One that with the Bolkestein directive (the Internal Market Directive 2006/123/EC on the laws of the single market) jeopardises 300,000 jobs, and with the European standards for agriculture and fishery – millions of jobs?”

“One that is imposed on us by the Fornero law (2011 pension law, extremely unpopular in Italy), one that tells us that Italy cannot reduce taxes, one that did nothing to help us with the migration issue?”, he continued.

“I recall that Prime Minister Giuseppe Conte has asked for a review of the existing norms established in the Dublin Regulation on the distribution of migrants since June last year – and nothing…”

“Therefore, Italians, as the EU continues hitting them on the head, are asking themselves: “Why do we have to keep on paying for all this?””

“My main goal is to save Europe, a renewed Europe, and Lega will do that.”

“We are being called Eurosceptics, sovereigntists, populists, Nazis, fascists, racists, xenophobes, homophobes, and so on and so forth.”

“But it is we who will pour healthy blood into Europe’s arteries again.”

“Today, I have scheduled the first week of April for the first public conference to discuss what our idea of Europe is for the next 40 years. We will discuss these ideas with those of our allies with whom we plan to meet in Parliament in Brussels in July”, he concluded.


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