News3 mins ago
United states of Europe one step closer?
There are growing calls from Brussels for a fiscal union as the only way of saving the Euro. All Governments would surrender their taxation and budgetary powers to Brussels.
http://baffinadvisors...ion-or-euro-break-up/
Napoleon and Hitler tried and failed - perhaps the faceless unelected men may succeed.
"All that is required for the triumph of evil is that good men do nothing"
Discuss
http://baffinadvisors...ion-or-euro-break-up/
Napoleon and Hitler tried and failed - perhaps the faceless unelected men may succeed.
"All that is required for the triumph of evil is that good men do nothing"
Discuss
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Best Answer
No best answer has yet been selected by venator. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Now George Osborne's talking about fiscal union!
Extract from his FT.com article this morning -
But George Osborne says the “remorseless logic” of monetary union takes the single currency members in the direction of greater fiscal union, even if that did not necessarily mean having a single European budget or a single EU finance minister.
“I think we have to accept that greater eurozone integration is necessary to make the single currency work and that is very much in our national interest,” he says. “We should be prepared to let that happen.
Are we marching blindly into the United States of Europe, effectively to be ruled by Germany?
Extract from his FT.com article this morning -
But George Osborne says the “remorseless logic” of monetary union takes the single currency members in the direction of greater fiscal union, even if that did not necessarily mean having a single European budget or a single EU finance minister.
“I think we have to accept that greater eurozone integration is necessary to make the single currency work and that is very much in our national interest,” he says. “We should be prepared to let that happen.
Are we marching blindly into the United States of Europe, effectively to be ruled by Germany?
I think where George and I disagree is the bit about it being in the national interest. And consequently come to different conclusions. I don't think it is the logic that is remorseless, so much, but George and his fellow supporters of giving away our national sovereignty to the massive, undemocratic, and uncontrollable power group known as the EU.
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