Tuesday, March 06, 2012

Discerning the real evil within the EU

It took me many years of blogging before I confronted reality and ascribed the word evil to the EU. I was then almost alone in its use! More recently others are beginning to grasp this essential truth. Although yet reluctant to fully endorse the word, others in the past few days are clearly reaching that same conclusion. I quote John Ward in The Slog, who under a post headline on the Nazification of Europe, includes the following:

But what I cannot get even remotely chuckle-happy about is the failure of the British political elite to do anything beyond poking rather cowardly fun at these hobgoblins. The Tories see the evil and don't care, the LibDems see the evil as a means to a great end, and Labour couldn't see evil if it was a horned red Devil poking it in the eye with a trident.

That article links to Bruno Waterfield, who as a member of the MSM still shrinks from the word that can best summarise his own conclusions, in Spiked, linked here, he ponders on the fiskalpakt and the plot to undermine the campaign of French Presidential candidateFrançois Hollande, which has now to his personal shame, been joined by British PM David Cameron. Mr Waterfield's article has the following:

The nightmare for the EU elite is the precedent that would be set by a national electorate deciding to reject the economic mismanagement and high-handed diktat that has characterised the Eurozone’s handling of the economic crisis. Besides, the horrible prospect of a nation being able to choose its fiscal and economic policies through democratic debate and the ballot box is what the fiskalpakt is designed to prevent in the first place. The ‘Treaty for stability, coordination and governance’ enshrines and enforces ‘debt brakes’ and ‘golden rules’ aimed at securing the EU’s current economic policy in perpetuity.

I assume if asked to describe what term might best be used to describe an elite adopting such policies, Bruno Waterfield, would in all probability pick something coming so close to evil, as to be indistinguishable from it!

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Sunday, August 07, 2011

The Siren voices desiring the final death of EU democracies!

Bruno Waterfield, a Brussels commentator, with whom I normally largely agree, headlines a contribution to the debt debate this morning with the words:
"Financial crisis: market plunge will get worse unless European Central Bank buys Italian debt", presumably the work of a sub-editor, for the article itself gives a much better analysis of the conflicting stresses now at work, read here.

Anybody spending the time to consider the implications of the figures and constraints of the various EU agreements, some of which are set out in my last posting of yesterday beneath this post, must realise that the Euro Group is at a stark crossroads, this weekend. John Redwood on his post this morning urges a meeting of EU leaders the suggested agenda of which will result in an increase of the ECB's share capital, sufficient to stop the rout in Italian and Spanish bonds.

In other words a complete takeover by German taxpayers of the economies of the distressed Euro Group member states, with the consequential sequestration of assets and direct arbitrary non-democratic control, which we are already witnessing in Greece. Deutshe Welle this morning comments upon an article in Sunday's Der Spiegel  confirming that my view is also held in Berlin, namely that an Italian rescue is even too big for Germany! Some realism at last!

I am astounded that this morning it is the voice of two former stalwarts of realism about the EU project who now appear to be pushing for such a course of action.

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