Euro lack of democracy

Messers Sarkozy & Merkel prove once again there is an alarming lack of democracy within the European Union as we quite now clearly we have a duopoly running the show of 17 & for that matter the 27 too.

The 27 have been quietly stitched up by Lisbon, the leaders of the 27 were lead to their Auschwitz with little more than a whimper, the 17 are now locked inside the walls with the other ten on the train heading every closer to their end too. 

The Franco German duopoly has created a vehicle cold war Russia would have given their back teeth to exploit except this has cost a whole lot more than the arms race ever did.

The damage to the continent is being enacted like an episode from Star Trek where lives are being destroyd  by the decree of machines & unelected autocrats. Rather than the dropping of messy bombs lives are being destroyed for the imagined greater good of saving the Euro which is the disease that is killing the whole European project.

If the European Project is to be saved Member Countries must revert to their own currencies & they must be responsible for maintaining a fixed (Locked) currency rate with the imaginary “Euro” , they alone must take responsibility for their currencies & would have to increase their interest rates or lower them to maintain the equilibrium or face massive fines from the European Union.

 We all know how difficult this is when the markets spot a flaw in a member states economy as the previous UK Conservative Administration found in the 1990’s when they were forced out of the European Exchange Rate Mechanism countries that cannot maintain their fixed rates would have to be dumped out of the new ERM as well as fined until they get their house in order & can re enter.

The member states know now however that running a manageable deficit is beyond many member states because they cannot collect taxes. Quite simply many member states Revenue & Tax collectors are simply not fit for purpose they have been quick to give money away bribing the voters to gain re-election  & have had no qualms in borrowing vast sums to ensure the gravy train continues to run full steam ahead.

Many of the leaders in the European Union are career politicians who have barely done a days work between them, they go to University & get into politics, they bypass work altogether & rely on their advisers who again have never done a real days work in their lives either & working in the media world is not the real world.

The real wealth generators are the private businesses not a Quango or Teachers or Bus drivers or dinner ladies. Without the “Real Wealth Generators” the country cannot gain an income through taxation to pay for the services that people have become so used to being in receipt of. Wealth creators are on a seesaw so long as the tilt is in their favour they will continue to make profits which pay the taxes but if the taxes & red tape start to change the tipping point the companies will simply cease to exist or relocate to other jurisdictions which provide a better environment in which to operate.

If the Euro is to survive it has to be by the order of the people they have to want it, it has to be democratic & it has to be worth the short term pain, unfortunately it isn’t worth the pain so it will fail if not in the short term, certainly in the long term.

Open Letter Regarding the Euro

@RalfGrahn you are an intelligent man, your heart might be pulling you one way but your mind knows that without one parliament running the entire eurozone & reducing national government to the level or local councils the Euro is dead in the water, it always has been & it always will be. It hasn't been holed as severely as the Titanic but it continues to take on water the bilge pumps will work in the short term & maybe even the medium term but you know & I know that they will give up the ghost & sink eventually.

Merkel was only saying yesterday morning the the EU would not be allowed to have supervision of German budgets yet she wants to have the power to veto other national budgets. Unless your singing from the same hymn sheets its not going to work. Italy will never be a German economy the Italians have a pizzazz that the Germans do not they have a flair for design moving from the rails, excitement which you cannot bottle up & sell but it makes their cars & fashion hugely desirable.

Germans rely on their reputation to produce high quality products that last, that do the job with redundant capacity, their tools are well built so of course the products too are generally well built but their cars are not show stoppers unless you like Porsche in the same way as Maserati, Ferrari, or Lamborghini.

The French, well they like their farmers to be well subsidised yet they still have farming practices from the middle ages with tiny strip farming still in vogue! They have their heavy industry too but its neither aesthetically pleasing or rugged enough to compete on quality. What they do do is bend the rules on protectionism very well.

You cannot go to many places in France & turn on the cold water tap & drink what comes out of it, you certainly can't do that either in Spain or Italy yet these are major countries within the EU & they have the cheek to drag a country like Ireland through the EU courts on the pretence that their water infrastructure doesn't meet EU standards. I have never been anywhere in Ireland where I couldn't drink the tap water?

If the EU cannot even get drinking water out of the taps it should shut itself down as not fit for purpose. The EU have directed that the Irish must register every property that is not connected to mains water & sewage adding yet another tier of administration & bureaucratic costs to a heavily indebted country & this debt was piled on the country by the EU!

Anglo Irish Bank was a private bank that racked up massive debts which rendered it bankrupt but the EU wouldnt allow it to collapse it insisted that the State took on all the liabilities & subject the citizens of Ireland to the task of settling those debts. Ireland wouldnt need a bailout if Anglo Irish Bank has simply gone bust.

By insisting that Ireland took on that debt it ensured that the country would be subservient to its new puppet masters in Berlin, Paris & Brussels who's own banks were on the line for their profligate lending.

Now hand on heart, am I right or do you continue to defend those that wish to do away with democracy & force more treaty changes on to people that never have a voice with a referendum. You know & I know that the political classes are pretty much the same they are career politicians interested only in their jobs & hanging on to & increasing their power over the people.

Most Europeans want less government not more, if we had less Government the people would have more of their own money to spend as they see fit & not see it wasted on staffing vast Quangos.