Tuesday 21 February 2012

For the Lack of a True Statesman

Well, that's pretty much it for Greece. It seems to me that if ever an incoming government wouldn't want its hands tied by the last one, the Greek general election in April will prove it. The wretched Greeks may be workshy, taxdodging and feckless and have suffered thoroughly dishonest government since the Euro was conceived, but they get nothing out of this deal. Revolution can only be averted by a change of government to one which is not prepared to be Frankfurt's bitch, forcing a generation of Greeks to emigrate.

But golly there are still plenty of Euro supporters in Britain. It has to do with aversion to change, I think. If Greece goes, so Europe goes, they argue. If Europe goes, so Britain goes. Well, that’s when one has to pin the Europhile to the wall with the simplicity of the argument.

And it’s pretty easy, frankly. Put simply, the Euro was created out of the barely-smouldering embers of the last war, insofar as the Germans and the French felt in the 80s and 90s there was still another step they could take towards ensuring that IT could never happen again, which was to tie themselves together and create the world’s first instance of economically independent countries believing that they could run faster as a three-legged team, rather than - as nature intended - as co-ordinated individuals. Worse, this became, with the full 17 members, akin to the pyramid of riders in a motorcycle display team reckoning that they could negotiate the bends and bumps in the road just as easily as an individual rider.

The Germans, being good mechanics, realised this wasn’t an ideal plan, but so keen were they to prove their Europäischer credentials, they were prepared to risk the hardest-of-won of reputations - that of sound money. They created a treaty (Maastricht) which decided upon the hurdles to be jumped and the hoops to be gone through in order to prove that this widely differing group of economies had ‘converged’. Quite right, you might say. But there was one problem – the hurdles were never erected, nor the hoops produced. It was deemed sufficient that ‘prospective’ convergence would do. So, hurry along, no time to be lost, you’ve all passed, let’s get the prize giving ceremony started. The treaty, in short, was a fudge.

This proves a point which cannot be stressed enough – international treaties, particularly those involving the pooling or the relinquishing of sovereignty, MUST be created by truly gifted statesmen and draughtsmen, or not at all. We are talking Rolls Royce engineering here, the absolute and very best. And if no such statesmen or draughtsmen exist, call the whole thing off. Pity was, there WERE no Jeffersons in Europe. Delors and Mitterands and Kohls, but no Jeffersons. Margaret Thatcher knew this, and told us so.

Thomas Jefferson, who was at one time Secretary of State, Vice President and then President of the world’s greatest free republic, chose not to say so on his headstone. Instead, he wrote: "Here was buried Thomas Jefferson, author of the Declaration of American Independence, of the Statute of Virginia for Religious Freedom, and father of the University of Virginia."

7 comments:

Elby the Beserk said...

"the Greek general election in April"

I'll believe it when it happens ... the EU will do their very best to scotch it, of that I am sure.

Sebastian Weetabix said...

If they don't have an election (closely followed by exiting the euro & devaluing like hell so we can all go there on holiday again) they will end up with a revolutionary civil war sooner rather than later.

Philipa said...

I don't think the greeks will put up with more austerity especially when imposed by Germany. The embers of the last war still smoulder. Greece will continue to be bailed out as politicians are protecting their own decisions here?

Off topic: "Emma Harrison has stepped aside from govt role as 'families champion' amid police investigation into irregularities at A4e." via Guardian

Sen. C.R.O'Blene said...

I've always been unsure about the place ever since I went to see 'Z'.

Now I'm even more unsure, especially as they don't seem to be making anything at all, except everyone a bit cross.

Bill Quango MP said...

They go a bit these Greek tragedies, don't they?

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