'On 11 July 2011 a new European treaty has been signed. You probably haven’t heard of it. It has not been in the news. Incredible, but true!

(Do not confuse it with the European Financial Stability Mechanim (EFSM) or the European Financial Stability Facility (EFSF), which is the 440 billion emergency funds that has been in the news a lot.)

The ESM is a new EU-administration. To manage it, Brussels hires the Ministers of Finance of the 17 euro-countries. However, these ministers will come to Brussels with the key of their national vault and the full permission to take out all the money they want, when they want and as often as they want. The ESM is intended to be permanent and without limit.

The 17 ministers won’t have to justify the amounts they take, neither how they spend the money. The ESM-ministers will enjoy complete immunity against actions of governments, administrations or judges. The parliaments won’t have a say over these ministers when the latter act under the treaty. This means the end of the sovereign democracies in the 17 euro-countries!'

Read more: Urgent Information on the EUSSR