Is This Just Pandering To Politicians Egos?

The single European currency cannot work and should never have been installed. Of course, it could work if the whole of Europe was a totalitarian superstate, with wealth shifted around to support corrupt and failing regions. A bit like Labour did with Britain; no attempt to cure problems just tax and spend (on friends).

Naturally, a European superstate is the whole point of setting up the EU in the first place. But the genius of the people running it from the outset has also been their downfall. The genius centres around the pragmatic realisation that a construct, serving only the political class would never be accepted by the electorates and cancelling national democracy first couldn't be achieved either. This all had to be done by stealth.

Stealth in politics means lies and so Edward Heath did his best pre-cursor of Blair role in lying about joining the 'Common Market'. It always seemed far away and foreign so we pretty much ignored it and let the politicians play their games. Now we find that they were deadly serious and deadly dangerous. Trying to keep it quiet meant that the single nation had to wait, but the single currency would make it inevitable.

Once the crisis occurred that was the only outcome of a single Europe wide currency, then the technocrats could step up and say, 'well, the only solution is to make the whole of Europe one country'. It isn't of course, but it is the desired outcome of those pronouncing on it. When Argentina pegged their currency to the dollar and the economy went to pot, did they say, 'oh well, I suppose we must become part of the US'? No, they broke the link.

The worldwide financial crisis that is being fed by the US and its refusal to put proper checks on state spending and reduce taxes, is being exacerbated by the entirely artificial crisis in the Eurozone. Don't forget, the Euro is not only wrong for the Greek economy (and Irish, Portuguese, Spanish, Italian....), the EU itself created the environment in which corruption could flourish.

And don't misunderstand; these are not just bad political decisions, or dodgy ideology. No, these are crimes and as we saw with Blair here in the UK, when the people who run the show are messing up, even a democracy struggles to deal with them. The EU is not, never has been and was never intended to be a democracy. So how do we get rid of them....? We stop paying them.