Anorak | European Union To Ban Free Speech

European Union To Ban Free Speech

by | 21st, October 2011

THE European Union has banned free speech. That’s the implication of this little nugget of news :

BRUSSELS—The European Commission is leaning toward proposing a ban on the issuing of sovereign credit ratings for countries in bailout talks, a top official said on Thursday.

“I think it’s legitimate to have a special treatment when a country is in negotiation or is covered by an international solidarity program with the IMF or a European solidarity” program, said Michel Barnier, European internal market commissioner.

Should the commission, the executive arm of the European Union, come to view these sovereign ratings are inappropriate, “we could ban it or suspend the rating for the necessary time frame,” he said. “I am studying this matter very seriously.”

The thing is, you see, a credit rating is only Fitch (or S&P, or Moody’s, or any of the other 40 odd more minor ones) saying You know, we think these peeps might find it difficult to pay back their debts “.

So what we have here is a Commissioner of the EU stating that such people should not be allowed to speak their minds: yes, this is the banning of free speech.

It’s not all that much of a surprise of course, for it’s a typical response from within the Brussels Bubble. If people can’t see and state

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow

Posted: 21st, October 2011 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink