Don Knight "Quis custodiet Ipos Custodes"


Membership Level: Full Posts: 1621 Status: Offline | I have no doubt I shall be corrected if I am mistaken. My limited understanding of the inner circle of the EU nations was/is that in the event of new rules regulations that fundamentally alter previous agreements, all members must agree, if one member exercised it’s veto, the proposed changes could not proceed. At the meeting last week, the constitution was being re-drawn to allow Brussels (German) politicians to vet all national budgets, and to set fiscal targets for all the 27 countries in the EU, in an attempt to cure the ills of the EU currency. It is my understanding that Cameron asked for safe-guards to be put in place to protect the financial institutions in the city of London, this was refused by the French and the Germans, who would like the financial centre of Europe to move from London to, where-ever on the continent. Upon this refusal Cameron vetoed the changes to the constitution, in the interests of the United Kingdom, and quite rightly so.
The problem in Europe is the currency, and the dependancy of the poorer nations upon the richer ones, who they look to support their irresponsible national spending. To cure this malaise it does not require treaty change, it only requires restraint on reckless spending. So it stands to reason that the basket case countries will follow the money, GERMANY. When these sheep awake and realise that their very existence will depend on German largesse, the fire-works will start. Given a little time the house of cards will fall.
I could have rambled on longer, but I didn’t want you to nod off. | Never say a humorous thing to a man who does not possess humour. He will always use it in evidence against you.
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