Saturday, June 25

The eu elite are criminally negligent

As the Euro crisis runs on and on, with the EU elite telling us, again, that they have fixed the problem, it becomes ever more clear that Greece is never going to be able to pay its way out of the huge debt it suffers.

The resulting financial burden on all European states is unreasonable and should never have happened. There are different exits for the “problem”, but none without cost to the people of Europe who have already bailed out a financially and immoral bankrupt banking system.

Yet this is a political problem over and above the financial implications. If the EU had been willing to allow Greece to switch back to the Drachma, that is one exit that might have been cheaper for the poor long suffering taxpayers of Europe, but this is not about money. It really doesn't matter how much debt is increased to keep Greece within the Euro zone, for this is a political situation. The EU elite believe they are fighting for the survival of the EU, and they will spend every last Euro they can get their hands on to keep the EU alive, as aberrated as this position may seem to the rest of us.

This is a problem without historical comparison. Sure, other countries have defaulted on their debt, but when the Euro finally gets totally discredited, with confidence at rock bottom, Europe will be plunged into an economic ice age, and the world will shudder.

The creation of the Euro and now, the manic efforts to keep the PIGS afloat is purely a part of the Star trek dream, dreamed by the federalists who see bigger as best, and a Russian style politburo better than disparate democratic governments.

However, ask the EU elite why things have to be like this, question any of their actions and you will be faced with the usual brush off. They refuse to accept that they could do anything wrong, but will mutter constantly about lessons learned, never anything about putting right the mistakes made. No, they will plough on with their collectivism, always one step after another, but refusing to look back, or change old bad decisions, nor amend things that are truly wrong. For, like race horse only allowed to look in one direction, they are truly blinkered by their dream which has become a nightmare for many.

Once again, we will see the EU shirking responsibility for the financial and political mess they have created, for nobody is willing to put their hands up and admit that their policies were inept, rushed and badly implemented, but it's time they were made to.

Greece of course should never have been allowed to join the Euro. They lied unconvincingly to be allowed to join, but what of the the checks made by the EU bureaucrats, what of the political decision to get Greece to convert to the Euro, despite no near economic divergence of national economies, which really applied across the zone.

Let's face it, these decisions made were very bad ones. Not only has Greece become an economic basket case, even worse than it was before since the EU stripped it of industries in place elsewhere in EU countries, but the rest of Europe will be paying the cost for years to come.

The EU have been Criminally Negligent in dealing with the economic problems they created.

The Greek disaster is yet another example of bad EU policies carried through with a total disregard for sanity and common sense. We really have to force a stop. Just put a brake on all EU business being transacted in our name by the commission, and the legislation factory known as the European Parliament. Stop it all and sit back to look at what has been created. If that can be honestly done then some good will come of it, but I doubt the elite will spare 10 seconds considering this. They are too busy building their dream to to do things that will work and allow us all to prosper in a free Europe, for lo is that a spaceship overhead?

The bottom line is that the EU elite should be prosecuted for their criminal incompetence, for they have shown us constantly that they are not fit for purpose, and now with Greece they have have proved it once again.

No comments:

Post a Comment