Britannia Radio

The death-bed confession of the EU elite

THURSDAY, 27TH MAY 2010

With the crisis over the euro threateningpromising to wreck the entire EU project, it would appear that death-bed confessions are now in order from those who have helped promulgate this fanatical cause. TheTelegraph reports that the EU President, Herman Van Rompuy, has now admitted that the peoples of Europe were misled over the impact of the euro:

The EU's president told a selected audience of civil servants and businessmen that the Greek debt crisis and euro zone bailout had come as a nasty shock to ordinary Europeans. He said the public was not made aware of the full social and economic implications of the currency before it was created.

‘Nobody ever told the proverbial man in the street that sharing a single currency was not just about making peoples’ lives easier when doing business or travelling abroad, but also about being directly affected by economic developments in the neighbouring countries,’ he said on Tuesday evening. ‘Being in the “Euro zone” means, monetarily speaking, being part of one “Euroland”.’

In the first public admission of the scale of the popular backlash, Mr Van Rompuy acknowledged that ‘growing public awareness’ of the euro zone's problems was ‘a major political development.’

‘Today, people are discovering what a “common destiny'” in monetary matters means. They are discovering that the euro affects their pensions, savings, and jobs, their very daily life. It hurts,’ he said.

Indeed it does. As many of us said it would right from the start – not just in reference to the potentially lethal incoherence of the euro, but about the innately self-destructive and anti-democratic nature of the entire EU project of a bureaucratic superstate. The  EU elite of which van Rompuy is only one member lied about this project to the proverbial man in the European street from the get-go, denying the sovereignty-busting and anti-democratic nature of the true aim of the EU and riding roughshod over the increasingly vocal opposition of the people to having their powers of self-government removed from them.

Now that elite will fight tooth and nail to rescue the euro and the coercive and ruinous project it embodies (and this is the issue that may tear apart Britain's coaltion government, with the LibDem Vince Cable ruling out the repatriation of powers to Britain to which David Cameron once committed the Conservative party). Let’s hope it fails. For although the collapse of the euro will undoubtedly bring pain, even to Britain -- which (amazingly) retained enough common-sense to hang on to its own currency – the collapse of the EU as a political project and the restoration of economic and political independence to the nations of Europe might just be the beginning of Europe’s salvation from economic sclerosis and cultural demoralisation.