moonshine stated: source post
Eddie needs to drink more. Then, maybe, just maybe, someday he might happen upon the sudden realisation that he's "endowed with" his own individual nervous system and all the entailing possibilities ('intellect'?), by virtue of having been born into a certain species. (Not that i'm holding my breath, indoctrination runs deep.)
I truly wish time had more fractal pockets so i could expand at leisure, links quotes explanations & whatnot.
IF drinking were able to cure that...lol....his choice in drinking buddies seems to be a large part of the problem.
Noticed his distinct inability to take on any information and use it. It's merely a broken record of :
#1. Kumbaya
#2. The 'Great brains' and specialists are smarter than he is.
Kudos for #2. It is fair to recognize your own limitations and foolish not to, but in some cases, it simply does not add up, no matter how 'smart' they are or claim to be.
It's as though he remains singularly incapable of holding more than one thought in his head at the same time, seriously....it is really strange, either it is deliberate or he really is only capable of rote spew . Beginning to doubt it is deliberate...scary...as that must be a weird way to experience existence. (..lol...but given the location from where his head was/ is buried, it's not a surprise )
From the consilium;
In autumn 2016, the Commission will make a proposal drawing on the experience with existing investment programmes at EU level (such as the European Investment Bank-managed investment facility for African, Caribbean and Pacific countries, the "blending" investment facilities managed by the Commission and the external lending activities of the European Investment Bank). Ensuring complementarity and co-operation with the work of the European Investment Bank, European bilateral and other International Financial Institutions, and donors in the target region will be a key element of this approach in order to ensure maximised results and impact. This proposal will set out details of a new Fund for external investment that would combine existing Blending facilities (such as the Africa Investment Facility and the Neighbourhood Investment Facility, NIF) to constitute Regional Investment Platforms that could further leverage additional funds from Member States and other donors33. This would improve effectiveness and impact, maximise synergies, and attract private and institutional investors. This would also allow the expansion of innovative financing in those fragile and post-conflict countries which are often important for migration flows but where the potential for direct private or public investment is currently limited.
The Fund for external investments will leverage resources for investment in economic and social infrastructure, and the private sector including micro and Small-and-Medium-sized Enterprises. The new Fund would start with activities in Africa as well as the EU Neighbourhood (South and East) to support the priorities of the new Partnership Framework with the objective of being extended to other regions at a later stage. The Fund would offer credit enhancement, risk sharing, investment grants and technical assistance based on a guarantee and funding from the EDF/EU budget and other contributors in line with their respective financial regulations. To this end, the Commission will make available a total of EUR 3.1 billion until 2020: This will consist of EUR 2 billion from the EDF, of which EUR 1.6 billion from the African Investment Facility and an additional EUR 0.4 billion from EDF envelopes. Moreover, EUR 0.94 billion from the NIF and EUR 0.16 billion from the Development Cooperation Instrument will be mobilised.
This total sum of EUR 3.1 billion is expected to trigger additional public and private investment volumes, mobilising total investments of up to EUR 31 billion. In order to enhance further the firepower and the efficiency of the new Fund, the Commission calls on Member States and other partners to match these total EU contributions, thus potentially bringing the total amount of additional investment close to EUR 62 billion.
LOL...pouring good money after bad...
This entire consilium reads as a desperate and poorly thought out sales pitch. A really bad example of a bandaid solution to a problem that was self inflicted.
The European Investment Bank will continue to play a key role, in Africa, Neighbourhood countries and other external regions. In particular, the European Investment Bank manages the ACP Investment Facility and finances infrastructure and private sector development in Africa. Earlier this year, the European Council invited the European Investment Bank to present an initiative in June that would rapidly mobilise additional financing in support of sustainable growth, vital infrastructure and social cohesion in Southern Neighbourhood and Western Balkans countries. To this effect, the European Investment Bank is working on a proposal for a package that could mobilise substantial additional financing over the next five years in the targeted countries.
Mmhmmm..in Balkans there is positive effect....but Africa same old mess. So, at what point do you suppose they figure out it is a waste of time and money? Those 'poor' African countries are rich with resources...but the governments gouge their own people ( don't forget the ethnic and religious crazies are rampant there ..lol.). The silliness of Europe is that they do not want to lose cheap trade partners, so that is their problem, and economic sanctions are ever short term, as another is found as always has been the case. So...same old problem repeats...
