Barroso’s Banking Union: the Next Step in Long Planned Superstate Agenda

José Manuel Barroso

Keelan Balderson, Contributor

Unelected President of the EU Commission, José Manuel Barroso, announced last week plans for an all encompassing “banking union”, which would give the European Central Bank supervisory powers over every member-state financial institution [1]; yet another step in a long-planned superstate agenda.

“We need to move to common supervisory decisions,” Barroso brazenly declared, demanding that the ECB should rule over all euro-zone banks, a number that pushes 6,000 individual institutions.

Without mincing words the Bilderberg member called for the end of national sovereignty, and in its wake a “federation of nation-states” under the centralized control of unelected EU bureaucrats should be formed [2]; a vastly different system than was originally sold to the public back in the 1950s.

Speaking to the BBC French finance minister Pierre Moscovici stated [3]: “The UK, like us, would like if possible quite a swift timeline,” in the handing over of power.