Monday, May 30, 2011

My current views on the EU

Austerity is being imposed not because of profligracy in Greece, Spain etc. but to pay off the gambling debts of bankers.

Christian Largarde has repeatedly said that further integration is inevitable.

Strauss-Kahn's words, before he was compromised in the US were "It’s time to finish the job, to finally realise the common destiny of Europe.” He said this would need common European labour taxation, common welfare systems, common secondary education and research budgets and common unemployment insurance. This would require heavy EU taxation, both direct and indirect.

In practice nobody is likely to voluntarily agree, and we are talking about a "Fourth Reich" or is it a "Fifth Reich" which may seem OK to Strauss-Kahn and Lafarge, but not to most people anyway near the centre politically. It could be a great day for left and right wing extremists.

Ahern told the Irish public broadcaster that “quite incredible pressure” had been applied to the country to apply for a eurozone bail-out.

France would become the new Greece. French boss to French workers: ‘Lads, all right, all right! Stop
boss-napping me and tying me up in the canteen toilet and I’ll give you your raise.’)

In all probability all this will lead to either a splintering of the Eurozone or a rather unwanted USE ("United States of Europe"). A USE could work. Many people, including myself, never really expected Montreal to remain in Canada, for example. Mixed-race (E-F) Canadians told me solemnly and sensibly at the time of the Montreal problems that the situation there was much worse than in Northern Ireland. The tensions in the USE would likely be even worse, but could be bearable.

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