Another German Empire? When Will They Learn?

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Once again, France and Germany are destroying the rest of Europe. While they have hundreds of years of engulfing the continent with their squabbles and wars, this time they're on the same side in the ruination of Europe.
Unlike the various squabbles and world wars that have seen these two empires sacrifice quality and quantities of lives since the beginning of time, the two selfish giants are this time together in their insistence that the rest of Europe be destroyed by their collective, economic hand. This weekend, German Chancellor Angela Merkel and French President Nicolas Sarkozy, called on Europe to rewrite its constitution, pushing the European Union into extracting sovereignty from each of its members in exchange for, ironically enough, allegedly solving the economic debt crisis. What the two want to really do is protect their own, umm, assets, from losses, as German and French banks are heavily invested in the sovereign debt of bad economies, such as Greece, Ireland, and Portugal. Rather than let those banks fail, and rather than use their own money to bail out their own banks (as the United States did), Germany and France want to force the rest of Europe to give up their rights as independent nations and foot the bill for their own misplaced banking bets. It is unmitigated gall for these two nations, which have funded the profligate nations and profited wildly from their excesses, to now seek rules to allow the EU to set the national fiscal budget for its member nations. Is it Greece's fault that the banks of Germany and France were so willing to lend them cheap money — money they had to know could not easily be paid back? Is it the Greek peoples' fault that Germans and Frenchmen got greedy, got burned, and now are in danger of losing their shirts? Why is it that, once again, true bailouts are reserved for banks and banks alone? The people of Greece, if this plan goes through, will lose their rights as Greeks. They will no longer be allowed to set their own budget, as their Superiors in Brussels will be allowed to veto expansive budgets or undertaxed citizenry. Taxation and spending are, in the modern world, the ultimate test of political freedom. The right to set your own fiscal priorities is as much a collective right of a nation as self-defense, and cannot and should not be abridged in the name of tempering some temporary crisis. It certainly should not be frittered away to rescue French and German banks that should have know better and are now facing losses. The Germans and the French have long sought to hold an empire over the heads of the rest of Europe. It is unfortunate that they have chosen to use this crisis as a means to gain control over the continent, to rescue their own monied interests to the detriment of the rest of the continent. If I were Greece, I would drop the euro, ditch my debts, return to the drachma, and tell the slimy SOBs that I want nothing to do with their ill-gotten, backdoor empire — however they wish to color it.
Like my stories? You can subscribe for my free newsletter here.Read more of my stories at Benzinga. You can also reach me by email john@benzinga.com or on twitter @johndthorpe.
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Posted In: NewsMovers & ShakersPoliticsGlobalEcon #sGeneralFranceGermanysovereign debt crisis
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