Peter Tenebrarum, Acting Man
, concludes his comments on the useless EU summit of last evening as follows:
have all heard Rompuy's wish list before – a thousand times in fact.
Now, should someone from the eurocracy stumble over this blog, here are a
and bureaucrats create neither economic growth nor jobs. The only
positive thing they can do, apart from resigning on the spot, consists
of getting out of the way. Chuck the myriad regulations that are
stifling the entrepreneurial spirit in Europe; cut fiscal spending so
that the State shrinks back to a far smaller percentage of economic activity than it represent today; cut taxes. Cut down on your own numbers, generously.
you're at it, think over the current monetary system and its countless
flaws. It would be best to throw it out of the window and start from
scratch, with a free banking system based on sound money and the strict
enforcement of property rights (no more money from thin air, so that two
or more different people no longer end up having claims on the same
original deposit; this has been regarded as a fraudulent practice in
Europe since antiquity, and although it has been legalized, it still is a
is really simple. One needs neither euro-bonds for this, nor 'tax
harmonization' or any of the other gimmicks the centralizers and
socialist super-state builders dream about, nor should it matter whether
everybody uses the same medium of exchange or not. Of course the gravy
train in Brussels and bureaucratic centers elsewhere would end up
last sentence is why none of the above is likely to happen anytime
soon. Still, we should probably be glad if nothing actually comes out of
the summit. One must always fear the worst when they actually do
make decisions on something. As the title of this blog suggests, the
main reason to travel to these summits is probably the undoubtedly high
quality of the catering.
Read the entire posting from here
.The title, I think, comes from Hitchhikers Guide...: "So long comrades, and Thanks for all the shrimp".