Posted on 02/03/2020 8:18:59 AM PST by rktman
Still flogging the false EU/US comparison, eh?
Oh, Sorry. I was following the news.
https://www.politico.eu/article/italys-government-on-the-brink-over-eu-bailout-fund/
I did some research. The EU demanded Italy Austerity reforms as the EU was subsidizing Italy’s “recovery”. THAT’s what I am talking about. Seems to me like the EU has more economic control over their member states than does the USA Federal Government. I’d say Italy is NOT like Florida.
you're flogging such a comparison -- did you read post 47?
err.. Italy hasn't gone bankrupt - I don't think even in the 1800sThe EU is a weak confederation - and even though the USA is a strong federation, individual states aren't beholden to DC and similarly neither are individual states beholden to Madred, leave alone individual, independent countries beholden to the confederation
they haven't been bailed out either.
And Eu shoveling money to Italy? What are you talking about?
Finally "being a dependent of their eu masters" is like saying Florida is a dependent of it's Washington DC masters - nonsensical. Italy, like the UK had, has a veto over policies (look at the weaker Poland and Hungary use that), plus they have their own eu commissioner and 73 Members of the eu parliament. Italy IS a part of the eu intrinsically as the UK was until last Friday.
Thanks for the links.
these are talks about what the ECB expects if they are asked for a bailout.
The austerity reforms are no different than what the WB asks for, in exchange for money.
However to the point - Italy hasn’t gone bankrupt in its existence.
The EU doesn’t have economic control over it’s members - they can set their own budgets etc.
Within the EU the Eurozone countries agreed to certain norms - so this is a group within a group that have certain common agreements because they share a common currency.
In terms of the bailout note that it is the ECB, not the eu bailing out - no different than the WB or IMF bailing out a country - the bank demands it toll of flesh
It surprising, go read Mosley’s arguments since in a more modern context.
The US is democratic. The EU isn’t.
Not hard to figure.
Well, the source I quoted (unknown origin) may or may not be correct. But since he wrote a biography of her, I suspect he may be correct in what she thought. It fits with my memory of her actions.
I don’t know the background of John Campbell.
The founders have been attributed as source of several statements that have been repeated and paraphrased. That does not discount their vision and wisdom.
Since I had not seen the “quote” before and it came from a Tweet on the web. Guess it could be wrong, but not wrong enough to consider it phony. It fits her manner.
Yeah, but it sounded really good and nobody studies history anymore anyway.
The fact that different federated nations have retained their original languages, is indeed a limitation of the extent of the homogenization effort; but consider the drastic attack on traditional sexual & mating values--nothing is more critical in the multi-generational development of human cultures than customs (reflecting attitudes & roles) of the individuals in the multi-generational continuity of a reproducing society.
That was not my point. Besides, successor treaties are regarded as replacements.
And why are you harassing FReepers? Your series of posts here border on obsession, with all due respect.
What I’m saying is that being given a stable currency like the Euro was a poisoned chalice. Initially it allowed them to borrow far more than they would have been able to in their own right. It would be kind of like giving a drug addict a bigger budget to buy more drugs. Of course they did borrow far more and then came the inevitable crash.
Unlike in the past when they could simply devalue their currency to effectively drive down the value of the freebies the government had given away and make their goods cheaper on world markets thus boosting exports, they cannot do that any longer since they do not control their own currency. So they have to actually pay off the debts they incurred.
You can say it was their own fault for incurring those debts in the first place and that is true but....it was entirely foreseeable that this is exactly what they would do. Now that they’re in a debt trap, they’re going through an enormous amount of pain in the form of austerity and massive unemployment. They would be far better off to leave the Eurozone at least if not the EU entirely, re-adopt their old national currencies and devalue that currency to effectively reduce their debt burden and to put their people - most especially their young people - back to work.
What the Euro has amounted to is Germany extending credit to the Southern periphery, and getting them stuck in a debt trap.....effectively exporting unemployment. If they still had the old Deutschmark, its exchange rate would have risen, making German goods more expensive and increasing German unemployment.
On the one hand the Germans have a point when they say that countries like Greece should have more discipline and cut back on their social benefits schemes....push the retirement age at least up to German levels before asking German taxpayers for a bailout....but on the other hand if those countries were to give the Germans the middle finger and leave the eurozone (and devalue their currencies forcing the Germans to take a big haircut on the sovereign debts they hold from those countries), their goods would suddenly be MUCH more competitive with German goods on price.
The interpretation of the diligent exposure of all-too-common fallacies as ‘harassment’ is somewhat perverse, with all due respect.
The stamina, other virtues aside, of somebody willing to challenge the received wisdom of a community, when that received wisdom on a particular subject is fundamentally flawed, is admirable. Freepers are ready enough to recognise it as such when it’s the fallacies of a point of view hostile to the local norm which are being challenged.
Nope, not a shill (as in blind supporter) — the UE is a flawed, deeply flawed organization, yet its the least worst alternative.
A trade organization allowing free flow of goods, services, citizens and capital is needed and has helped with business. But then you need standards to smoothen trade etc.
The UE takes it too far, but scraping it completely without an alternative is silly
The US is
1. a republic, not a democracy - that’s why we have President Trump not President Hellary
2. a country, a unified country where states can’t leave
the eu is
1. a loose confederation
2. of democracies/republics - every country elects its head of government and many elect their heads of state.
The eu parliament does nothing but question different policies raised by the commission
the eu commission is composed of bureaucrats nominated from various countries - their job is to collect proposals and prepare them for passing to the eu parliament and the eu council. they don’t propose anything on their own
the eu council is composed of the elcted heads of government — these are the guys with the veto. if the hungarian people don’t like some proposal, then their head of government vetos it in the eu council.
For a confederation it is highly democratic - probably too much soo. there is no need for a parliament for a loose confederation. this should just be the heads of government talking — but then you’d say “this is not democratic”
Mr. Lucky — Yollopoliuhqui’s statement didn’t sound good - just silly, as silly as Russian collusion - meaning false.
1. Scotland, Wales and Ulster have had forced Anglicization - their languages were forcibly replaced by English. That isn’t happening in the confederation of the eu
2. Scotland, Wales and ulster were ruled in minutae from Westminster until 1997’s devolution — that isn’t true in the eu.
3. There is no homogenization of culture efforts in the eu. you posted someone’s diatribes and not any links for this. On the contrary with Erasmus etc. they promote local cultures. they put up barriers to retain their local cultures
4. the attack on traditional family is there in the usa as well - but in the eu, there isn’t a confederation wide Roe vs Wade policy - there can’t be as it is a confederation, not a country.
So, again, what homogenization efforts do you see at the eu level - not by some idiotic SJWs (who you find everywhere)
What was your point - you said “The original signatories of the Treaty of Paris are never going to leave the EUSSR.”
I pointed out that one of those no longer exists.
Secondly - “harassing” - nope - if a post contains falsehoods, I’m going to point it out. Your series of posts here border on obsession, with all due respect.
on this I somewhat agree
For Greece it is an unmitigated poisoned chalice
For Italy - its not that clear. The presence of a common currency has helped business with France and Germany (it's biggest trading partners) - let me give you an example - when my company in Poland wants to do business with different countries we prefer the dollar or euro as stable sources - with the UK we've made some more "local money" as the pound fell, but we could also lose money if we quoted in pounds (as some clients want).
the rest of your post I agree with - that's why I am strongly opposed to the euro coming to Poland.
thank you. I just wonder why people don’t attack the EU for it’s REAL faults - namely that it takes too long to make decisions, it’s not united enough against Russia etc.
I know what the EU and US are and how they are structured. The EU is fundamentally undemocratic by design and operation. They are not analogous.
I don’t know why you insist on being so obtuse about it other than if you are, as I have suspected previously, a paid still purposely sprouting misdirection here.
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