Destroying Europe in order to save it: Extortion, theft, and the EU’s two disastrous choices

Europe now faces a stark choice forced by its disastrous war policy against Russia: either allow the EU to successfully move toward a centralized state over the heads of its member states, risking a mass Eurexit that may or may not succeed in reaction to that gamble, or delay the larger crisis through member states quietly accepting one of several schemes that will cripple the economy and create social strife regardless. The Union must decide whether to use frozen Russian sovereign assets to finance a €140 billion “reparation” loan for Ukraine, or to issue joint debt through Eurobonds. Both paths carry severe legal risks and impose heavy costs on citizens: one through contingent liabilities, the other through immediate taxes, austerity, and political instability. Pushing through the Eurobond option would amount to a structural coup, a radical re-engineering of the EU against its current form. A recent Politico piece framed these in terms of Option A and B, which helps to contrast these two potential ways forward.

Commission President Ursula von der Leyen’s scheme from the European Commission reveals the depths of EU tyranny in its failed gambit to defeat Russia and guarantee investment outcomes in Ukraine. SAFE, (Security Action for Europe), a €150 billion defense loan program, was initially proposed in March by von der Leyen with the goal of stimulating rapid defense investment. By May, EU ministers had given their final approval to the program, without consulting the European Parliament, provoking a suit from the Parliament. Whether or not the Eurobond or Russian asset-seizure (theft) scheme is being proposed in light of (perhaps) likely-to-succeed challenges to the SAFE loan program, or if the Commission is trying to actually raise a total of nearly €300 billion, remains to be seen. What is certain is the push for SAFE comes chronologically after there was significant push-back from EU member states and ministers themselves on the feasibility of spending seized/frozen Russian assets (including interest on the moneys, for war against Russia, or anything else). And the Commission push for this Eurobond scheme comes after the EU Parliament presented a suit against SAFE.

What the Eurobond scheme and SAFE both have in common, nevertheless, is the mechanism for implementation, recklessly assuming authority to do so under a radically broadened interpretation of its powers re Article 122 TFEU.

The Commission is using threats to force member states to spend the frozen Russian assets. Refuse and each government faces a political crisis. Eurobonds are deeply unpopular because the mutualized debt falls on the population, leading to the overturning of governments at the ballot-box, and imposing them unilaterally would break EU treaties, leading to an emboldened Eurexit movement. Member states are being pushed to approve the use of unlawfully seized assets, completing the illegal expropriation through their own consent.

https://www.sott.net/article/502868-Destroying-Europe-in-order-to-save-it-Extortion-theft-and-the-EUs-two-disastrous-choices

How Cyprus became first European partner in ‘Israel’s’ gas theft crime

British energy company Energean, which operates natural gas reservoirs of Karish, Tanin, and Katlan in the occupied Palestinian territories in favor of “Israel”, is preparing to build a $400 million pipeline to transport natural gas from an offshore rig in disputed Palestinian waters to Cyprus.

According to media reports, the project requires only governmental approval, with Cypriot energy company Cyfield having already endorsed the initiative. If finalized, Cyprus would become the first European nation to import gas from Israeli-occupied maritime territory, raising questions about the project’s legality and its breach of the Boycott, Divestment, and Sanctions (BDS) campaign and international law.

Critics argue that the pipeline reinforces “Israel’s” control over resources in occupied waters while providing financial and strategic benefits to both “Israel” and its corporate partners.
[…]
This recent sharp rise in Israeli real estate acquisitions across Cyprus has sparked growing concern over national sovereignty and affordability, with political debate intensifying after a recent congress by AKEL, Cyprus’ second-largest party, where criticism of the purchases was quickly met with accusations of antisemitism, a familiar Israeli tactic to silence legitimate scrutiny.

https://english.almayadeen.net/news/politics/how-cyprus-became-the-eu-s-first-partner-in–israel-s–gas-t

Paramount ‘Blacklisting’ Hollywood Figures Critical Of Gaza Genocide

Larry Ellison, a close ally of wanted war criminal Benjamin Netanyahu and the largest individual donor to the Israeli army, has long aligned his company’s operations with US and Israeli security priorities, pledging Oracle’s cloud and cybersecurity infrastructure to support Israel after the start of its genocide in Gaza.

Oracle has also moved to take control of the US TikTok algorithm under a Trump-backed deal transferring the app’s operations from China’s ByteDance to US investors.

The company will retrain the algorithm “from the ground up” and manage all US user data through its cloud network, a role praised by Jewish advocacy groups as a safeguard against what they describe as online antisemitism.

https://popularresistance.org/paramount-blacklisting-hollywood-figures-critical-of-gaza-genocide/

Trump sons back ASP Isotopes Inc’s uranium unit Quantum Leap Energy

ASP Isotopes Inc.’s uranium-enriching arm is offering convertible notes in a deal that has drawn the backing of investors including Eric Trump and Donald Trump Jr.
[…]
The deal has been led by American Ventures, an investment firm with ties to Dominari Holdings Inc., the boutique bank that sits in Trump Tower.

President Donald Trump’s two eldest sons, Eric and Donald Jr., advise and invest in Dominari. They contributed capital to the QLE note offering, according to the statement.

QLE is also offering the notes to foreign investors. It is building enrichment facilities in South Africa.
[…]
1789 Capital, the investment firm that Trump Jr. joined as a partner last year, has backed American rare earth magnet company Vulcan Elements, and Hadrian, a company that builds factories for aerospace and defense manufacturers.

Other ventures backed by the Trump family span drones, blank-check companies and Bitcoin mining.

https://www.moneyweb.co.za/mineweb/energy/trump-sons-back-asp-isotopes-incs-uranium-unit-quantum-leap-energy/

€377 billion for weapons–Germany’s most extensive rearmament programme since Hitler

According to the list—also reported on by Die Welt—the planned spending across land, air, sea, space and cyber domains total €377 billion [$US436 billion]. This colossal rearmament programme includes hundreds of projects, from new tanks and artillery systems to drones, fighter jets, space satellites and cruise missiles.

At its core is the creation of an army capable of waging war against Russia. The Bundeswehr plans to acquire 400 Tomahawk cruise missiles with a range of over 2,000 kilometres. These missiles can reach deep into the Russian heartland—the distance from Berlin to Moscow is around 1,600 kilometres. Germany is thus preparing for offensive operations that would form part of a devastating Third World War.

This madness is being financed through a massive increase in military spending. The Merz government—a coalition of the Christian Democrats and Social Democrats (SPD), with the support of the Left Party and the Greens—has permanently exempted rearmament from the constitutionally enshrined debt brake, thereby freeing up war credits totalling one trillion euros. While billions flow into weapons, ammunition and satellite systems, social budgets are being frozen, Bürgergeld (basic welfare support) abolished, and pensions and health spending cut. The working class is to bear the cost—as cannon fodder at the front and through social devastation at home.

https://www.wsws.org/en/articles/2025/10/30/eruk-o30.html

Maryland Workers Are Fighting to Divest Their Pensions From Israel’s Genocide

https://truthout.org/articles/maryland-workers-are-fighting-to-divest-their-pensions-from-israels-genocide/

Over the past two years, the U.S. has supplied Israel with more than $21 billion in military aid, but public opinion is changing. Polls show half of U.S. voters and three in four Democrats now believe Israel is committing genocide in Gaza. Even still, the campaign acknowledges divestment won’t come easily but sees it as a concrete way for constituents to put pressure on public officials and hold Israel accountable.

“Federal policy is not going to change,” said Lauren Leffler, 31, an organizer with the campaign. “But we can make it politically inconvenient for state officials to continue these investments.”

In the past two years, Israel has turned to international bonds to finance its war machine, including selling $5 billion worth to U.S. investors, mostly state and local governments.

Using Public Information Act requests, the campaign uncovered that Maryland’s state pension system quietly purchased about $10 million in Israel Bonds between July and December 2024, raising its total holdings to $74 million — even as major international funds divest over genocide concerns and credit rating agencies downgrade the investments.

“People can feel really helpless seeing a genocide funded by your tax dollars,” said Leffler. “Until you realize it’s not just at the federal level — it also happens at the state and municipal level. And that’s maybe something I can change.”

“You Have No Idea About What’s Really Happening” — Whitney Webb

https://www.youtube.com/watch?v=SUcHXs2zXC4

Whitney Webb argues that the Epstein scandal is a window into a much larger, transnational network where organized crime, intelligence agencies, and elite financiers collaborate and protect each other from accountability. She highlights how the FBI’s selective release of evidence, the suspicious deaths of key witnesses, and the bipartisan desire to keep investigations superficial all suggest a coordinated cover-up. Webb traces the origins of this system to World War II alliances between US intelligence and the mob, showing how these relationships have evolved into a “meta-cartel” that operates above the law.


She explains that the same names, institutions, and methods—such as blackmail, arms trafficking, and financial crimes—recur across decades, with power passed down through generations. Webb concludes that the only way to challenge this entrenched system is through local economic independence and community action, as both major political parties and mainstream institutions are deeply compromised.

Bank of America faces lawsuit over alleged unpaid computer boot-up time

https://www.hcamag.com/us/specialization/employment-law/bank-of-america-faces-lawsuit-over-alleged-unpaid-computer-boot-up-time/554302

Bank of America is facing allegations that hundreds of hourly workers performed up to 30 minutes of unpaid computer setup work daily for years. 

A former Business Analyst filed a class action lawsuit in federal court on October 23, claiming the banking giant systematically shortchanged remote employees who had to boot up complex computer systems before their paid shifts began. 

Kerala ends extreme poverty

https://progressive.international/wire/2025-11-06-pi-briefing-no-40-kerala-ends-extreme-poverty/en

The Extreme Poverty Eradication Project (EPEP) represents a historic victory for the people of Kerala. The southwestern Indian state has long been among the country’s poorest. In the 1970s and 1980s, incomes in Kerala were roughly two-thirds of the national average. In the 2000s, incomes in the state surged ahead of the rest of India and, by 2022, they were over fifty percent higher. In mere decades, Kerala had become one of India’s wealthiest states.

Affording And Financing Wars, With Reference To The United States

https://www.scoop.co.nz/stories/HL2511/S00017/affording-and-financing-wars-with-reference-to-the-united-states.htm

Wars are costly. Very intensive and extensive in the use of resources and the destruction of resources; let alone the loss of quantity and quality of life.

In all wars, all parties incur costs; significant costs. Sometimes, a party to a war can avoid most of those costs through having someone else pay. Of course, the United States paid to some extent for the wars against Iraq in terms of American lives lost and degraded; little cost was borne by those Americans who propagated those wars, though.

The material costs of the wars in the 2000s were paid – indirectly – by Chinese households not consuming large swathes of the goods they produced; Chinese workers and capitalists were, on an increasingly massive scale, exporting the fruits of their labour and their capital to the United States. More sending than spending. Much more. (A Marxian analysis would attribute the seemingly costless affording of the US-Iraq war to the extraction of ‘surplus value’ from the Chinese working class by the American capitalist class.)

Yet these Chinese costpayers didn’t much mind, because – while their abilities to enjoy the increasing fruits of their labours were highly constrained by China’s export policy – they were happily stacking up claims on future production; deferred enjoyment, rather than the pure exploitation which occurred in the early years of Chinese Communism.

China bore the West’s costs in other ways too; in those years Chinese people suffered huge environmental costs, at a time when natural environments were improving in the deindustrialising West.

There was a wider set of ongoing costs, however, arising from the ensuing highly unbalanced global capitalism. United States’ industrial survival is now largely dependent on its specialisation in military hardware and software; meaning that the United States’ economic deformation has made that country into a predatory warrior state. Violences, especially upon non-Americans, are today directly committed by the American state; and through both exported and gifted military goods and services, and through violations committed directly by America’s proxies (and, as in Sudan, by its proxies’ proxies).