In this article examining the troubles of the European Union, we find a key question:
How long will Germans play the “good Europeans” and use their savings and a solid credit rating earned through years of sacrifice to bail out deadbeat nations whose welfare states are more lavish than their own? After constant repetition, the Three Musketeers’ slogan of “all for one, and one for all” can get rather tiresome.
Could the question be redefined to ask why the Germans have bailed out these other countries at all? There must exist some semblance of a cash cow for Germany’s well-connected to feel it’s worth the trouble. Same goes for the rest of the EU countries. There’s big money to be made on the backs of the people under a consolidated government. Just look at the U.S., for example.
The article compares the goings on within the EU to the breakup of the U.S.S.R. I don’t see the connection. Europeans may not be as rooted in envy as their Russian counterparts, but they’re as much suckers for egalitarian redistribution as the next fellow. The Soviet Union didn’t break up over a minor financial hiccup like that of the EU. Those people SUFFERED for GENERATIONS.
They experienced massive government bureaucracy, ubiquitous secret police, gulags, mass graves, severe shortages, decaying infrastructure, and squalid conditions, all under an umbrella of bitter cold and snow the likes of which would make the most ardent teetotaler reach for his flask of vodka. And for what? The HOPE of a utopia that never came. Only then did they out of desperation throw off their government – when the last scraps from the Kremlin couldn’t be had.
Think the Europeans aren’t thinking likewise? They wish to hook themselves onto mother Brussels’ gravy train and ride it ‘til the end. Yes, they could learn from Russia’s history but does it seem like anyone has learned anything from history lately? I hope I’m wrong but I don’t see the PTB loosening their grip one iota.
Remember that Germany just finished paying their WWII debt. Now they are wanting it back. So yes they are willing to loan money to force the rest of Europe to be their slave. This is just payback. It will end badly when the ECB pays it back with inflated euros. Then we get the next world war.
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Posted by: Triple Hash | 12/02/2010 at 06:00 PM