The farce continues, despite looming disaster The determination of Our Masters in Brussels to create a European superstate ruled by the Commission should not be underestimated. Although the single European currency was always sold as an economic policy to bring greater prosperity to the peoples of Europe, it must surely be clear now that it was and is a weapon to create political union. Not even my old friend and colleague Ken Clarke can now deny that there can be only one Chancellor or Chief Finance Minister for any currency. Countries cannot pursue independent economic policies from within the eurozone. The woes afflicting countries such as Greece, Spain, Italy and Portugal come from trying to do so. The mantra of the Commission is One State, One (collective) Leader, One Currency. There has not been a failure to solve the problems of Greece, Italy, Portugal and now Spain. There has been, and there is again this week, a wilful refusal to do so. The Masters of Europe need the threat of another Great Depression of the kind which led to the Second World War to cow the peoples of Europe into giving up their rights to self-rule and self-determination. The German Constitution, designed to protect their post war democracy from another putsch like that of Hitler's National Socialist Workers' Party, is now beginning to look as though like France's Maginot Line it will be outflanked by a Blitzkrieg of politico Euro bankers leaving a Vichy-style administration in office but not power in Berlin and indeed every other eurozone capital. It is time we re-read the words of Gladstone in a speech at Hastings on 17 March 1891. “The Finance of the country is intimately associated with the liberties of the Country. It is a powerful leverage by which English Liberty has been gradually aquired … it lies at the root of English Liberty and if the House of Commons can by any possibility lose the power of the grants of public money, depend upon it your liberty will be worth very little…” We can guess at what he would be telling the people of Germany and the other eurozone states today.Despite the coming economic explosion, Brussels is still plotting to create a single European superstate
Time and time again the Masters of Europe have done just enough to hold off the eurozone crisis for another few weeks and allowed the depth of that crisis to deepen and deepen. Rather than defuse the economic explosion to come, they have let it grow and just lengthened the fuse. Now, even some quite rational economists are beginning to mutter that the potential damage from the eurozone explosion might be so great that it would be better to pay the price of political union without the consent of the European peoples than to risk the economic damage of the collapse of the euro.
Monday, 30 July 2012
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