printLast month I warned that European “politicians had better beware: Ordinary Germans have come to realize that adding an overarching tier of tyrants—the EU—to their own government has benefited them as a second hangman enhances the health of a condemned man.”
Mainstream media is catching on:
“…there has been a colossal misunderstanding,” writes Ambrose Evans-Pritchard of The Telegraph, “around the world of what has just has happened in Germany. The significance of yesterday’s vote by the Bundestag to make the EU’s €440bn rescue fund (EFSF) more flexible is not that the outcome was a ‘Yes'”.
This assent was a foregone conclusion, given the backing of the opposition Social Democrats and Greens. In any case, the vote merely ratifies the EU deal reached more than two months ago – itself too little, too late, rendered largely worthless by very fast-moving events.
The significance is entirely the opposite. The furious debate over the erosion of German fiscal sovereignty and democracy – as well as the escalating costs of the EU rescue machinery – has made it absolutely clear that the Bundestag will not prop up the ruins of monetary union for much longer.
Left and right, American statists want to believe that work-horse Europeans (Germans, for instance) support the Eurozone and the wider European Union (EU). As I ventured in “Euro-Bondage & the Next Tier of Tyrants,” it is but a matter of time before patriotic Euroskeptics, to whom our press makes only veiled mention, reject the absurd claim that the EU colossus would or could advance their interests.
Fans of freedom, and hence of nullification and secession, should watch the developments in Germany with great interest. That country’s government and high court have flouted the people’s sovereignty for too long. A change is a coming…
I suspect that nullification and secession will ultimately lead to the saving of liberty on these shores as well. One of the states will realize that membership in the union with its predatory taxation and inflation to cover the future rising interest rate on the national debt is of great detriment to their citizens well being. That state will secede.
I predict that Alaska will be the first to go since the federal restrictions on the development of its energy sector greatly reduce the potential for royalty payments to its citizens. That will provide an additional incentive for secession.
It can’t come soon enough. The last thing Europe needs is another layer of unaccountable, unelected lifetime bureaucrats. Nullification, secession and de-centralization are desperately needed to fend off a massive worldwide economic implosion.
America always seems to follow Europe’s lead, usually to our detriment. This time, we’d do well to follow Germany’s lead and tell Washington to go pound sand.
Years ago,I replied to a Swiss newspaper’s commentary about the vote to join the EU…I gave my reasons not to do so. Yesterday, I read a 26 page currency investment paper written, jointly, by Axel Merk and Peter Schiff. The long and short of it was CHANGE IS COMING on a world-wide basis and currency strengths and weaknesses will be obvious and will certainly affect those countries that think the better managed / free economy countries
will continue to provide bail-outs.
Keep your eyes on Switzerland, Sweden, a few Asian countries, and the Anglophone countries. Big, centralized countries / unions are not the answer.
Prepare for a bumpy ride ahead.
Given the historical context, I would think that secession is out as an option for Germany. A polite “nullification” – as in no more money is more realistic.
As for this country, right now the Republicans are chomping at the bit to take over from Obama – so secession and nullification will be on hold unless Obama wins re-election.
Besides, most public opinion in America is bloodthirsty (execute the “terrorists” yeehaw! and stomp all over Afghanistan) and greedy (don’t touch MY Medicare and student loans and tax breaks and – fill in the “goody”) and hardly of a mindset to exert independence and take responsibility (as opposed to running up deficits).
FREE REPORT LINKS:
http://www.europac.net/currency_special_report
ALSO AT RON PAUL’S SITE:
http://www.ronpaulforums.com/content.php
Have an interesting read…
Just what we need. Hand wringing, wussie Americans, who can’t even stand up to the Mexicans are faced with a billion murderous Muslims, a rejuvinated Russia and now the Germans are getting on the prod once again. However, it is comforting to know that our military is being down sized even as it becomes more and more sensitive to gays, Muslims and feminists. I understand the Joint Chiefs of Staff all get their hair dressers apointments at the same time so they can discuss matters of national defense while sitting under the dryer.
James,
Your Cold War mentality is precious. Antiquated but precious. In your mind, nothing less than a trillion dollar “defense” budget is evidence of “wussie” Americans and prancing generals. Should we invade the world to re-capture our machismo?
A billion murderous Muslims? Really? Every one of them? That’s a mighty broad brush you’re painting with. We have millions of them living with us right now. How come they’re not on the rampage? Are they waiting for a secret signal to begin the carnage?
A rejuvenated Russia? With the exception of some nasty nukes pointed our way, are we supposed to cower at the thought of Soviet Union II? They can barely manage to contain a few Chechen rebels. This keeps you up at night?
I’m not sure why the Germans have your knickers in a twist. They’re seeing their government squandering billions to bail out lazy Greeks who would rather lounge around for 30 years and then retire at 50 with a cushy pension – paid for by Germany and Scandinavia. Does that somehow pose a threat to America?
In the immortal words of Ricky Ricardo, “You have some ‘splaining to do!”