Greece loses EU voting power in blow to sovereignty

London Daily Telegraph, U.K. ^ | Tuesday February 16, 2010 | Ambrose Evans-Pritchard

[jpl]

The council of EU finance ministers said Athens must comply with austerity demands by March 16 or lose control over its own tax and spend policies altogether. It if fails to do so, the EU will itself impose cuts under the draconian Article 126.9 of the Lisbon Treaty in what would amount to economic suzerainty.

[eleni121]

Oh sure the Socialists (not the marxist kind btw - do you know the difference) are in...very much loved and admired by the political elites in this country by the way Hmmmmmm. The conservativs turned out to be more to the left than the leftists --- kind of like RINO lites in this country

As for demanding a bailout-—that's BS.

The best they could so is to demand the long delayed reparations by the Germans and Austrians for the maniacal destruction of their country in WWII. Then they should talk about what they might owe to bloodsuckers Goldman Sachs.

My first preference is for them to get the Hell out of the EU. There are alternatives...

[Red Badger]

YES, you are right.................

[St. Louis Conservative]

Watch the public employee unions riot in the streets if any of these “austerity measures” are actually pursued.

[Mad_Tom_Rackham]

Looks like they failed to read the fine print in the contract.

[Greysard]

More likely (though very unlikely anyway) is that Greece would be expelled from the EU as a deadbeat.

It's no more likely than Obama cancelling social security and other dependency-building measures.

I believe that EU is *interested* in creating vassal states. This is the way for them (who? nobody!) to become uncrowned kings of Europe. The Lisbon Treaty was pushed through for a reason, and now Greece sees what that reason was.

[eleni121]

Your stereotypes sound amusing-—did you get rejected by some kid at the beach?

[Mister Muggles]

Hey, maybe they could call on Soros! He's Greek! Thank you! So, true, always thought Soros was Hungarian! Some posters here seem to have a psychotic and IGNORANT fixation on Soros...

[The KG9 Kid]

The EU sought to be a European version of America's 50 states just by slapping together the most uninspiring charter that I've ever read.

They recklessly added member states faster than even NATO could swallow up former Soviet satellite nations. They'd take any Euro nation no matter how much of an economic and social basket case they were.

Now that the wheels are coming off the wagon for their riskiest acquisitions like Greece, they demand that the non-Greek citizens bail them out while the bankers in charge practice classical Fascism by legally reverting Greece to a vassal state.

If that ain't Fascism, I don't know what is. That's why it's evil.

[cowtowney]

“So maybe Greece can cozy up to Turkey”

Like Olive Oil and water cozy? Ain’t gonna happen.

[MinuteGal]

Athens, Greece - the cradle of western-civilization democracy.

The 13 original American colonies - the cradle of the American Republic.

Something seems to be amiss here......hmmmm.....

I guess I'm just out of step with the siren call of socialism to free peoples.

Leni

[ichabod1]

It iss ein naturel phase.

[Nervous Tick]

Wow. What a rotten situation Europe finds put itself in.

[Niuhuru]

“What a rotten situation Europe finds itself in.”

Yet AGAIN. I think the EU is going to go the way of the Soviet Union.

[GOPsterinMA]

I know the Italian people are generally cool cats.

I was asking in regards to their status in the EU: Strong or weak?

[Mad_Tom_Rackham]

California, along with much of the rest of this country, is galloping toward the same miserable outcome. Once Constitutional protections for private property had been usurped, and the politicians could say “elect ME, and I’ll give you a benefit and make somebody else pay for it”, the game was over.

[DoughtyOne]

Blow to sovereignty? Wow, that’s a bit of an upside down comment, as if membership in the E.U. was tantamount to a sovereign wet dream. Bull s—t!

[ichabod1]

I fear the greeks, even when they come bearing gifts.

[Red Badger]

The Holy Roman Empire is BAAAAACK!.......................

[Mister Muggles]

So why does he have a Greek name?

And why do I see him around every corner and under every rock? LOL.

[Red Badger]

I guess I'm just out of step with the siren call of socialism to free peoples.

The siren call of socialism is well listened to while strapped to a Pole.....................................