Tuesday, December 6, 2011

MY, how Euro elites tend towards tyranny.
The European commission could be empowered to impose austerity measures on eurozone countries being bailed out, usurping the functions of government in countries such as Greece, Ireland, or Portugal. Bailed-out countries could also be stripped of their voting rights in the EU, under radical proposals being discussed at the highest level in Brussels before this week's crucial EU summit on the sovereign debt crisis.
Reminds me of something Daniel Patrick Moynihan once said: "To try to do something which is inherently impossible is always a corrupting enterprise."