Excellent post and point! Thanks.
In the 1970’s the “eu” was nothing more than a trade compact (like NAFTA) but as the years went by, the compact turned from a trade group into a political group.
To the eu bureaucrats, and former commies in the council, this was a bonanza! It was an opportunity to rule countries via banking laws, sweetheart deals, and regulations of all sorts. Countries that signed up were essentially signing away their sovereign rights to a group of pencil pushers in Brussels.
When the eu tried to pass its last piece of legislation to “seal the deal” on Europe (Lisbon Treaty) several countries balked (France, Denmark, and Ireland). Such countries who tried to buck the Lisbon Treating were essentially bullied into re-voting the issue.
In eu member states, up to 75% of local laws and regulations are now controlled by eu bureaucracies.
There are countries that should never had been permitted into the eu because of their lax economic policies, debt ratios, and social welfare status. Nobody at eu headquarters seemed to be interested in checking their books. Why? Because such bastardized countries served two purposes: (a) to form a super majority of cheap votes to rule the eu without opposition (b) once these countries went belly up, their assets could be sold at a pittance.
Greece is a basket case ruled by an IMF bean counter and two eu officials. Portugal and Spain teeter on the brink. Ireland has gone from Celtic Tiger to kitty kat and Italy about to go bust. In the case of Greece and Italy, their recently elected presidents were thrown out by the eu and replaced with puppets.
Getting into the eu is easy...getting out of the eu is another matter. Once your country is interfaced into the eu’s infrastructure, it very hard to get out. Even if you can, the eu can threaten your country with trade restrictions, denial of foreign credit and admin hassles. Also, with local politicos bribed with cushy jobs and easy money, there’s no incentive to bring up referendums to leave the organization (Briton is a prime example. Their current PM promised a referendum on the Lisbon Treaty and has yet to authorize one. Neither of the major parties seem to be pushing the matter either).
The whole eu experiment is imploding. Fixing Greece is pissing off German taxpayers footing the bill. Immigration of cheap eastern European labor is making people edgy. When the larger basket cases fold, the eu will NOT be able to keep the lid on.
There are those in the eu who still dream of a “united Europe” with a single currency, a single constitution, a single army and a single government. What the Soviets failed to due in the Cold War, the social-welfare technocrats have.