European Union Implosion

various FR links & stories | 06-17-05 | the heavy equipment guy

[backhoe]

A more extensive listing can be found under our Keyword Database:  KEYWORDS: EU; EUROFREUDE; EUROPE; EUROPEANUNION; EUROPEDECLINE;

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First, required background reading:

 

Review of “A Throne in Brussels” by Dr. Paul Belien

-- an extremely readable book which should be paid attention to by the citizens of EU member states, and those wishing to understand how such a monstrosity came into being--

 You can read the entire EWWW Constitution HERE

If you really want to. It has over 400 articles...one of the most interesting is that the "EWWW" can take away your personal property if it is in the public interest...compensation is optional...like taking your house, guns, cars etc... Just how high will their unemployment rates go before they realize you can't tax yourselves into freedom. Too many deadbeats, too much time off, too much socialism over there...

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From the beginning:

 

 Dutch vote "NO" on EU Constitution

 

Europe in crisis after Dutch, French reject treaty

 

 Dutch voters deliver second blow to EU (63% Say NO/62% turnout!!!)

 

  Yes, It's Hit the Fan – But Europe Hasn't Quite Run Out of Hope

 

 Mark Steyn: Arrogant Eurocracy – Why the European Union elites won’t take ‘no’ for an answer

 

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Reverse chronological order, latest first:

 What Europe Really Needs (Paul Johnson Slams The EU's Soft Totalitarianism Alert)

 

 

EU abandons deadline for constitution's ratification(EU fractures deepen)

 

 French No campaigners launch new bid to bring back the franc -- The U.K never ditched the Pound. I can just hear a lot of Britons tell the French, "we told ya so!"

 

  The European Union: Channeling the Spirits of Chamerblain and Pétain

 

 Why the Gallic grassroots just said 'non!' ("Red states" and "Blue states" in France)

 

 

 Europe turns on France as Britain wins new allies

 

 

 EU set for deadlock - with UK to blame

 

 

 Europe: back to the drawing boards

 

 

 The End of Europe

 

  'Old Europe' must reform or crumble, Blair warns leaders

 

  France Buries The EU Constitution (Doomed!) -- Hell's bells, man, even the old Soviet ''constitution'' was more coherent than this batch of bilge. 

 

 

THE UNELECTED DICTATORSHIP (EU/Fourthreich)

 

 Europe, Interrupted (An excellent overview of the mess Eurabia finds itself in)

 

 

 Myth and Reality in the EU: "Europe" is dead. Long live Europe. -- He really seemed to believe that the EU was the product of some kind of spontaneous moment of enlightened European statesmanship, which by pure chance occurred sometime in the late 1940s, rather than of Germany's annihilation as a military power, American dominance in Western Europe and the Soviet menace.

 

 Euro Disarray Gives More Power to Dollar

 

 The disunited states of Europe -- The poor, poor, liberals. First, they lose the US Presidency, now they lose Europe.

 

 EU Is Forced To Reveal 'Obscenely High' Salaries

 

  Analysis: is the EU summit heading for a bloodbath?

 

 

 IS EUROPE DYING? NOTES ON A CRISIS OF CIVILIZATIONAL MORALE

 

  Tony Blankley: The age of schadenfreude -- Cheering European failures

 

 

 Eutopia Is Dead. What Now?

 

 

 Is Europe's passion for the euro fading?

 

  Brussels breathes sigh of relief that 'treaty is not dead' (DENIAL NOT JUST A RIVER IN EGYPT)

 

  Break Out From Brussels: Europe was on its way to a bureaucratic prison camp. …

 

 The Peasant's Revolt

 

 

The Fall of Europe

 

 Blair gives up on his EU dream -- "Europe is back to the drawing board. Africa will become more important."

 

 Dump the euro, say Germans hurt by price rises-HAHAHAHAHA Soros? You short on dollar man?

 

 Europe No Longer a Model for Us (A Canadian's plaintive cri de coeur) -- ignores the EU Constitution collapse because it is a democratic rejection of Socialism, and the NYT can't spin it against the Bush Administration.

 

  Don't Cry for the European Union -- Nor Emulate Its Mistakes

 

 

My E.U. Vacation: What I learned reading the European constitution on a beach in the Caribbean.

 

 Why Did the French and Dutch Vote No? Because they were asked, for a change. -- The only part of the 485-page constitution that anyone will henceforth need to remember--although it is the part that people all over Brussels are now trying to forget--is Article IV, section 447. That passage stipulates that the constitutional treaty is not valid unless all countries of the E.U. ratify it. There is no putting a brave face on what has happened: The E.U.'s attempt to bind itself constitutionally into an ever closer union has, for the foreseeable future, failed.

 

 EU-THANASIA

 

 

Death throes

 

 Doom scenarios over euro's future (Yippee)

 

 Inside Politics (Frog pops the Big Question but she says, 'NON!')

 

  EU Constitution Faces Oblivion, According to Polls

 

  Bloggers take on European elites -- What's interesting is that we have come almost full circle. 200 years ago most of politics was local. 1:1, townhall style. Blogs are the modern day electronic version of a townhall where people are reconnected again.
Rather empowering actually. The elites with their printing presses and their TV stations and radio stations are not the only ones with the ability to sway opinions now.

 

 

Gawd, They Hate it When the People Speak {EU Const. Vote}

 

 How the Old Guard Lost the Plot in a New, Expanded Europe

 

 British move to suspend vote deepens European rift

 

 Euro dives on Italian call to quit currency -- "Kick in the door and the house of cards will fall down"
The French, the Dutch,  the Italians have now kicked in the door.

 

 

European Civilisation Has Sown the Seeds of Its Own Decline and Fall (Should be required reading!) -- An excellent analysis. But it omits a couple of crucial factors. First, birth control and abortion. The European crisis is largely a demographic crisis. Muslims are flooding in because Europeans wanted cheap workers to replace the children they didn't have.
Second, it omits the corruption among the ruling classes in France, Belgium and elsewhere. Europe didn't really stay out of Iraq because they had no military. They stayed out of Iraq because they had corrupt deals with Saddam, as represented by Total-Fina-Elf and the UN Oil for Food program.

 

 Europe Goes Dutch

 

 Jonah Goldberg: Brussels Is Burning

 

 The European Disease: Economic anxiety is a product of the welfare state.

 

 Now for the British Revolution

 

 

Why Europeans Are as Mad as Hell at the New Europe

 "Europe as a whole) desperately needs a Reagan or a Thatcher to straighten out the mess."

 2 'No' Votes in Europe: The Anger Spreads

 link: 17 comments

 

 Rejected by two nations, but the bureaucracy rumbles on

 

 Eutopia Is Dead. What Now?

 

 Break Out From Brussels: Europe was on its way to a bureaucratic prison camp. …

[backhoe]

I strongly suspect the repercussions of this affair will be deeper, and more widespread, than many imagine. Stay tuned...

[ncountylee]

"The length of this document defends it well against the risk of its being read."

Sir Winston Churchill

But they will blame America for their folly.

[Pylot]

I think you are correct.

A large part of the economic strength of Europe overall came from some of the unique characteristics that each countries laws brought to the larger picture.

There is nothing meaner than a European bureaucrat!

[backhoe]

Thanks for stopping by- appreciate the comments.

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Alot of work went into that backhoe, thanks.

Bookmarked.

[FreeRep]

Q: What happens when EU doesn't pay their garbage bill?
A: They stop delivering.

Q: Why does the EU use a lot of bleach on their sheets?
A: So you can see their white flags better.

Don't Forget to Boycott French Goods!

[backhoe]

Thanks for looking... I tend to get crosseyed and a little goofy towards the end of compiling a set of links like these- they all start looking & sounding alike. But these are the best- a fuller list is in the keywords.

I do hope Europe tosses off the shackles of an unelected and unaccountable bureaucratic gang of micromanagers in Brussels. In any event, it will be interesting to watch as it unfolds.

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I do hope Europe tosses off the shackles of an unelected and unaccountable bureaucratic gang of micromanagers in Brussels. In any event, it will be interesting to watch as it unfolds.

Very interesting.

I wish I could fast forward a couple of years to see how it all came out. I'm such a impatient woman.

[backhoe]

I'm such a impatient woman.

Bless you- I'm married to one of those, and I'm waiting for her to get home from the salt mines and stick an iced Rolling Rock in her hand ( to calm her down! ) before dinner.

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and I'm waiting for her to get home from the salt mines and stick an iced Rolling Rock in her hand ( to calm her down! ) before dinner.

Thank you.

She's a very lucky woman. :-)

[backhoe]

EU Talks on Its Future Budget Collapse

[backhoe]

EU deeper in crisis after summit budget failure

[martin_fierro]

Why the EU failed.

[backhoe]

Why the EU failed.

I'll get you for that, O lilly-livered, egg-sucking dawg...
( But unfortunately, I have a similar warped sense of humor, gawd help me... )

[backhoe]

 

Caustic Turn Jolts Europe

-- The Axis Of Weasels suffered a historic rout!

[backhoe]

 European Union Losing Its Glue

[backhoe]

http://tinyurl.com/bkkgv
The Secret Heart Of The European Union

[backhoe]

 Support for EU crashes across the Continent.

[backhoe]

It took longer than I thought it would- but "the market" has finally decided:

IRWIN STELZER predicts a coming Euro-zone crackup: it’s a fine, short, and brisk analysis of the political economy of the EU.  The cold facts, says Stelzer, are these:

• Greece, Ireland, and Portugal are now frozen out of credit markets. The yield on Greek two-year bonds is 24 percent and on both Irish and Portuguese bonds of similar maturity around 12 percent. No country can afford to borrow at those rates. Of interest to the White House and Congress might be the speed with which the markets move: Interest rates charged on Greek debt increased by 10 percentage points in the past month.
• The debt burden on these countries is in excess of the 90 percent of GDP that scholars now agree stifles growth. Portugal’s debt is at 90 percent of its GDP and rising, Greece’s is approaching 150 percent, and “Ireland’s debt now appears to be bigger, in relation to its economy, than the reparations imposed on Germany after the First World War,” according to economist Anatole Kaletsky.
• These economies cannot grow their way out of the problem. The Greek economy shrank at an annual rate of 4.5 percent last year and is forecast to decline this year at 3.2 percent. Portugal’s will shrink at an annual rate of 1.5 percent, guesses the International Monetary Fund. And Ireland, despite a robust export industry and a corporate tax rate of 12.5 percent that, at half the EU average, remains attractive to foreign investment, might eke out growth of 1 percent. No way these growth rates produce enough tax revenues to meet debt obligations.

One of the many problems of the risk models used in the run-up to the debt crisis was the assumption of smooth, continuous rises and falls in the price of debt.  But institutions, whether firms or sovereigns, tend to grow incrementally, financial instrument by financial instrument – and crash by institution.

Hattip: Instapundit