Friday, May 14, 2010

Will Great Britain Ditch the EU?

Ambrose Evans-Pritchard explains why it should:
Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse.

The European Commission is calling for EU powers to vet budgets of the 27 member states before the draft laws have been presented to the House of Commons, the Tweede Kamer, the Folketing, the Bundestag, the Assemblee Nationale, or other national parliaments. It applies to Britain even though we are not in EMU.

Fonctionnaires and EU finance ministers will pass judgement on the British (or Dutch, or Danish, or French) budgets before the elected bodies of these ancient and sovereign nations have seen the proposals. Did we not we not fight the English Civil War and kill a king over such a prerogative?

Yet again we are discovering the trick played on our democracies by Europe’s insiders when they charged ahead with EMU, brushing aside warnings by their own staff economists that monetary union was unworkable without fiscal union. Jacques Delors knew perfectly well that this would lead inevitably to a crisis, but it would be the “beneficial crisis” that would force sovereign parliaments to submit to demands that they would never otherwise accept.

This is now playing out before our eyes. Club Med governments have built up €7 trillion sovereign debt under the cover of monetary union, which shut down the warning signals for borrowers and creditors alike. We are now near – or beyond – the point of no return. Eurozone states must go along with this cynical entrapment, or risk economic catastrophe. The conspirators have succeeded. The €750bn shock and awe package agreed over the weekend clearly alters the character of the European Project, crossing the line towards an EU debt union and an EU Treasury. How long will it be now before the EU acquires direct tax-raising powers?....

The moment of definition is fast arriving from Britain. The measures now being demanded to save monetary union cannot and will not be accepted by this Government, Nick Clegg notwithstanding. The most eurosceptic people I have ever met are those who have actually worked for the European Commission, though it takes a while – and liberation from Brussels – for these views to ferment.

The outcome – une véritable gouvernement économique – will put Britain and the eurozone on such separate courses that it will amount to separation in all but name. The sooner we get the nastiness of divorce behind us, the better.

2 comments:

  1. Will the Swiss put up with this crap ?

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  2. The SWISS Elites [Government embeds] will put up with the crap as they are part of the scamdal [scandal/scam].

    This is nothing but the reinvigoration of what used to be known as "GREATER GERMANIA" at one point, and where under Charlemagne the various Princely States of that region of which are now known today as Germany; Switzerland; various Rhinelands some of which are now part of France; Luxemburg; Austria; Bavaria; Lichtenstein; and other lands and peoples from that region were brought together.

    For the last 1200 to 1400 years there has been one central issue that has ruled or at least overshadowed EUROPEAN, if not world history and that is the UNIFICATION or RE-UNIFICATION of "Greater Germania" [Germany] as a Super State. Greater Germani was a "UNITED STATES" before there was a "United States" but was broken up after the death of CHARLEMAGNE as it was seen to be FAR TOO POWERFUL to remain intact. These Hessens, and Saxons as members of servants to the Royal Families like the HABSBURGS have been involved in reuniting a WORLD WIDE SYSTEM of "KINGDOMS" from under their authoritarian rule. This World War will be the last world war to decide if Royal families can or should survive, let alone be allowed to rule the world from the shadows.

    Everything going on today is KINGDOMS vice REPUBLICS.... Royalty verse the People...

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