EU: A New Vision
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| Illustrious Member | EU: A New Vision
European Commission President Jose Manuel Barroso has unveiled a vision for the future of the EU. BBC News - EU unveils its vision for the future of monetary union The vision, which creates a EU treasury, would give the EU powers over national budgets in that it would place limits on the amount of national debt and would allow an EU veto of national budgets (in some circumstances). Collective Eurozone borrowing has also been mooted. Good or bad? Probably far too early to say. But could this closer integration lead to greater marginalisation of Britain? |
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| Illustrious Member |
I suppose my immediate reaction would be "who polices the police?". Ignoring the obvious reaction about how this will erode the decision-making capabilities of individual nations and lead to a monolithic superstate, it raises the question of how well-equipped a super-government will be to manage and regulate the finances of a whole group of nations, given the obvious struggles those nations have to manage themselves.
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| Distinguished Member |
Professor Carroll Quigley wrote a book on who ruled the the USA and Britain between 1870 and 1960, called Tragedy And Hope: A History Of The World In Our Time. His publisher MacMillan, was taken over as they first published his book, and the plates and the manuscript were destroyed. But not before a handful of them had been sold. In this book, Professor Quigley wrote - The power of the Bank Of England and of its governor was admitted by most qualified observers. In January 1924, Reginald McKenna, who had been Chancellor Of The Exchequer in 1915-1916, as Chairman of the Board of The Midland Bank, told its stockholder:"I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money...And they who control the credit of the nation direct the policy of Governments and hold in the hollow in their hands the destiny of the people." Quigley also wrote - ..the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole." Sounds a bit like the EU. Of course it might just be a real quote at all, who knows, maybe it was just made up to feed the conspiracy theorists, but it does sound a bit similar. |
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| AVF Reviewer | Quote:
As the plan has to have the support of the Germans- who for many valid reasons aren't keen- I don't think the UK needs to concern itself unduly at the moment. | |
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| AVF Reviewer |
Well, it seems that it isn't just the UK that has their doubts about closer integration.
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He was a professor at Georgetown University and was also a mentor to Bill Clinton in his early days. | |
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| Illustrious Member | Quote:
Credit where credit is due - that was actually quite funny! What isn't funny is the idea of Britain sulking on the sidelines whilst key decisions - that will ultimately be critical to our own wealth and wellbeing - are made without us. | |
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| AVF Reviewer | Quote:
It boils down to asking the populations of certain countries to fund the populations of other countries in order for them to be much less efficient and have facilities available to them long denied the people paying for it. This is not a vote winner. | |
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| Illustrious Member | Quote:
In the British case I suspect if we had a referendum on UK membership of the EU tomorrow the answer would probably be to leave. The Europhobes would quote Churchill, there would be alot of hot air about renegotiation/a new 'Empire of the Seas'/Commonwealth etc etc, passions would rise and the pro-EU argument would get lost by superfluous hyperbole. But clearly it would be a disaster for the UK if we left the EU - indeed it was only this week that Peter Sands (CEO of Standard Chartered bank) briefed the Prime Minister that the biggest threat to the City of London was the risk of the UK leaving the EU. So clearly whilst democracy is highly desirable it would be counter-productive here. So to across Europe and thus the architects of the next step for the EU will inevitably manoeuvre to avoid excessive numbers of referendums. | |
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| AVF Reviewer | Given, the article I linked to referred to the Dutch, one of the last key occasions was when they rejected the EU constitution out of hand in 2008. Quote:
The greater the liberties taken with electorates, the greater the efforts the electorate will eventually go to in order to redress the balance. There is a tragic irony that the stated aim of the EU to negate extremist politics is being completely undermined by the lack of democratic process and allowing the extreme left and right to enjoy successes they haven't seen in a generation. The longer the EU fails to make a democratically convincing argument, the worse it will get. | |
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| Thanks from: | Jamezinho (27-06-2012) |
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| Illustrious Member | Quote:
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If it is any conciliation we can look back to some great turning points in our history and say they weren't very democratic either - the Rump Parliament of the War of Three Kingdoms and the 1688/89 Glorious Revolution sping to mind. Last edited by Rasczak; 27-06-2012 at 3:23 PM. | ||
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Hardly a triumph for democracy and representing the will of the people. | |
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| Prominent Member |
Yes after the Dutch people rejected it, so did those well known little Englanders - the French. So instead, the EU pulled it to avoid further defeats (the UK for sure) then relabled it as a treaty to avoid further referenda. The tame political class railroaded it through the various parliaments instead. |
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| Illustrious Member |
I looked at the title and immediatly thought "EU: A New Order" (Neuordnung).
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| AVF Reviewer | Quote:
It isn't much consolation as your examples didn't really subvert democratic process as we know it and took place a minimum of 320 years ago. In the ensuing four centuries, democratic mandate has been paramount to successful change. The EU won't be able to run from this forever. | |
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| Illustrious Member | Be fair, the Irish had a referendum. Then they had another when they didn't get the answer "right".
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| Thanks from: | Squiffy (27-06-2012) |
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| Illustrious Member | Quote:
You say I am "painting this as a wayward UK going against an otherwise united Europe". No - I am not saying that at all. There will be massive tensions surrounding any new changes to the EU. But I think the difference is most other States, whatever their reservations, will press ahead one way or another. You say that I "credit it with being the sole derailing point of the enterprise". No - I am not saying that at all. We can and will in no way derail the future of the EU - Britain isn't politically strong or influential enough to achieve that. I do think, however, we are undermining our own interests by not fully partaking and influencing the state of play from the start. Britain is a European nation and, as much as the Europhobes like to talk about re-establishing global trading links as primacy, the reality is our trading balance means where the EU goes we will follow. My concern therefore is not the UK 'derailing' the project, merely that we will opt out of influencing it at the start and thus ultimately just have to accept what everyone else has decided. Our Europhobeness is what is going to marginalise us in the decades ahead. Quote:
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For as long as the EU presents no contestable arguments all of the counter arguments- rational or otherwise gain traction all the time. There is no "right" moment- especially when they are proposing changes as radical as they are. | |||
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Credit where credit is due - that was actually quite funny!






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