Monday, October 29, 2012

At least Draghi is being honest, but I have a question...

From today's Open Europe news summary (my highlight in red):

In an interview with Der Spiegel, ECB President Mario Draghi said that he was “fully in favour” of German Finance Minister Wolfgang Schäuble’s proposals for a eurozone currency commissioner. Draghi added, "I am certain, if we want to re-establish trust in the euro zone, countries must pass a part of their sovereignty to the European level."

At least Draghi is being honest. But the people should ask themselves what benefit will be gained by passing some of their democratic sovereignty to a non-elected group of bureaucrats. They also should ask themselves how unelected EU bureaucrats would be any different from unelected Nazi or Soviet bureaucrats. I am not being facetious. Is this why we fought WWII and stood guard at the borders of freedom for decades during the Cold War?

No comments:

Post a Comment