Saturday, December 01, 2012

The dangers of an elected EU Council President

In May 2010, in response to the financial crisis in Greece the Financial Ministers of the 17 Euro Group member states from the EU, as later admitted by Mme Christine Lagarde, then French Finance Minister before her move to the IMF, in the newspaper the Wall Street Journal, abandoned the rule of law and acted outside the EU Treaties known as the TEU and the TFEU.

Acting beyond the scope of the signed Treaties across Europe has become a matter of course and accepted fact of life. Parts of Europe are today governed by a group called the Troika, which deliberately acts beyond the scope or control of either national or the European Parliament. An example of its regime became public in Cyprus last evening, click here for the pdf file.

Elsewhere, as in Italy up to this date, an appointed Prime Minister has been put in place, as was also the case for a time in Greece.

A (European Parliament) elected European Council President will therefore take control of a multinational body of 27 ex-democracies carrying huge economic clout and acting entirely outside any known control or constraint, other than that exercised by the most economically powerful among the 27 such members, possibly sometimes restrained by the ECB and IMF.

Cameron should chew on this fact and offer the British people an In/Out referendum at the earliest opportunity, for without doing so his party is clearly doomed in any likely now foreseen coming event.


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