7 Sep 2011

E.U. Crisis: Chancellor Angela Merkel looks Vulnerable; Democracy Flexes its Muscles over Fiscal Union.


Some observers, such as they are, say it was a dumb idea to begin with.  An exercise in political prestige to sweeten Elitist ego at numerous dinners and banquets. History, which is so often  conveniently ignored tells the story. Poverty breeds discontent whether it be personal,  community or national. Ask any old Viking, Vandal or Visigoth.
Anarchy rules when politicians leave the building. The Great Summer Debate of 2011 has concluded with a victory for those who tested a European dream.  This fiscal and political union dream maybe delayed for the present but Europe still goes marching on. 
After three years of crisis, disturbances, austerity threats and serious doubts about the quality of the top down approach, arguments are switching to implementing a two speed Europe.
Historian Hans-Joachim Voth during an interview with  Der Spiegel remarked... Austerity and anarchy are closely linked. We've been able to establish that with looking at the period between 1919 and 2009.
“I believe that the consequences of ending the euro have been overstated. Not every dumb economic idea needs to be defended to the bitter end. Europe is infinitely more than the European Union, and the European Union is infinitely more than the euro.”
Chancellor Merkel said after the court announcement "The euro is much, much more than a currency. The euro is the guarantee of a united Europe. If the euro fails, then Europe fails."
What did I do, what did I say to turn your angel eyes my way? Political tensions are rising as the debt crisis enters its third year. With no end in sight chancellor Angela Merkel’s popularity in Germany is sinking as love for Europe gets more and more negative.
Schroder said:  “A two-speed Europe is a reasonable concept, not a German concept. This is not a German concept. Look at Scandinavia, where you see good Europeans, and look at the Netherlands and Austria. They're all good Europeans. “
He added “We should stop dithering and get serious with the idea of a core Europe. Otherwise Europe and its countries will sink into irrelevance between Asia under China's leadership and America... Europe has to wake up.”  .............................
Saying Rome wasn’t built in a day really means why again follow leaders into uncertainty. Wasn’t that the problem before. Portugal, Spain, Greece, Italy and Germany, and most of Eastern Europe  are one generation removed from the dictator disaster. And what defines a Schroder style good European.  Cries by Brussels for more Europe needs to be sold to citizens and not imposed.