Posted on 06/09/2012 11:22:02 PM PDT by Olog-hai
In a television interview, German Chancellor Angela Merkel said the eurozone was moving inevitably towards a "political union" requiring nations to cede more sovereignty, and that would lead to more of a multi-speed Europe with non-euro states in the slow lane.
“We need more Europe, we need not only a monetary union, but we also need a so-called fiscal union, in other words more joint budget policy,” Merkel told ARD on Thursday (7 June).
“And we need most of all a political union—that means we need to gradually give competencies to Europe and give Europe control,” she added.
European Council President Herman Van Rompuy, who chairs EU summits, said he would only present "building blocks" on closer eurozone fiscal and banking union at a meeting of EU heads of state on 28 June.
But the German Chancellor doused expectations that the June summit will produce a breakthrough, saying progress towards a fiscal and banking union would take substantially longer.
"I don't believe that there will be one single summit that will decide on a big bang," Merkel told ARD. "But what we have been doing for some time, and on which a working plan will certainly be presented in June, is to say we need more Europe," she said, adding: "Whoever is in a currency union will have to move closer together."
The German Chancellor also admitted that this would require different paces of integration, as some EU countries like Britain will refuse to participate.
"We have to be open to make it possible for everyone to participate. But we cannot stand still because some do not want to go with us," Merkel said. …
(Excerpt) Read more at euractiv.com ...
Victor Davis Hanson has written about this.
Ein Folk! Ein Reich! Ein Euro!
Well, we will inevitably see Europe at war in the next few years, so everyone will get to see how high this one rates on the death scale.
This is a German “Empire” by a different name.
Yep - Germany knew the Euro deal was to weaken the U.S.A. and elevate Europe to past glories. It saw the chance to be the top dog of the top dog and will do all it can to preserve the Euro/EU.
How long are German voters going to continue supporting other nations in Europe who will not take steps to control their own finances?
Germans are crazy to keep on doing this for the PIIGS.
I suspect that some Sunday morning we’ll wake up and find that Europe’s national borders have been completely dissolved and that their parliaments now answered directly to Brussels, in what is now a single country, no different than the United States. It will be by secret negotiations and simply shoved down everyone’s throat.
It’s either that, or Europe will again be a bunch of independent countries, and there’s even no assurance that the borders will stay as they are (i.e., North Italy has about had it with the freeloaders in the South).
There is no middle ground, since there is no way to prevent lazy countries from taking advantage of the industrious ones. Germans are not ready to work until age 80, so that Geeks can retire at age 50 - and the Geeks don’t feel like raising their retirement age...so the only way to stop it is for Brussels (or some capitol) to simply tell what was Greece (and everyone else), what Europe’s new retirement age is. That simple.
Liberal politicians a good at two things:
1) Procrastinate any major decision
2) Grab as much power as possible
A single, financial EU delays the confrontation with spending too much and consolidates power into the hands of a chosen few.
Yes! Because, after all, a socialist European union worked so well the first time...
The Soviet Empire probably would not have extended beyond Russia's own borders either - if communism would even stand a chance next door to an ardent anti-communist like Otto. Europe would have been better off under Bismarck.
American taxpayers need to stop funding the IMF and let European socialism die the death it so richly - or poorly now - deserves.
“No different from the United States” . . . ? Like Bukovsky said, the EU was patterned after the Soviet Union; the myriad of regulations and the structure of the “constitution” (currently the Treaty of Lisbon) mirror that quite a bit. The USA has never abolished a state government or ruled any state directly from DC.
You got it backwards. The loans are direct interference in these countries; every country that wanted to refuse them experienced a sudden change in government to politicians that were receptive to them. The very fact that the head of Germany’s government is calling for these nations to give up their sovereignty ought to reveal a lot. And back in the early 2000s, Germany certainly did not look like a country that could “control (its) own finances”—they were nicknamed the Sick Man of Europe. Their turnaround can’t be explained by a sudden change in fiscal philosophy, because no such change occurred other than token concessions by the unions . . .
I defer - well said!
When the Jews return to Zion
And a comet rips the sky
And the Holy Roman Empire rises,
Then you and I must die.
From the eternal sea he rises,
Creating armies on either shore,
Turning man against his brother
'Til man exists no more.
Wow, is this from The Omen? I had to look it up.
I’ll have to watch that again!
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