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Exxon Mobil Corporation Message Board

  • hansesteelyard hansesteelyard Jun 11, 2013 10:31 AM Flag

    All the (speculating) world trembles before Germany's high court...


    "the success of the ECB's measures are not relevant to their legality."
    ---Andreas Vosskuhle, president of German federal constitutional

    The precision of the German mind and logic, such as exists on the high court, far exceeds what one sees daily in the press and the speculators who feed them information for stories. It is surprising that anyone would actually believe that an argument (their and the ECB's argument) based on the success of a program would carry any standing. By such logic one could justify any bank or investing firm ignoring regulations, misusing depositors funds, taking extreme risks with the money, and so long as the bets paid off they were legal... No... the bets were illegal in the first instance.

    The Court has the power to put an end to the ECB's policies too by prohibiting the Bundesbank from cooperating with them, and in fact a majority of Germans want them to do just that.

    You can be certain the Wall Street gamblers will not be pleased if they do so. They probably put an end to them too. Oil will plummet as will all stocks on such a ruling.

    This topic is deleted.
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