European Union President Barroso has stated that European Union must have greater economic integration, he said in his State of the Union address that “we need to complete our monetary union with an economic union. It was an illusion to think that we could have a common currency and a single market with national approaches to economic and budgetary policy”,
Now here is the cleverly concealed rub, the Commission will in “coming weeks” present a proposal for a “single, coherent framework to deepen economic co-ordination and integration, in particular in the euro area”. He said this would be done in a way that ensures the compatibility between the euro area and the European Union as a whole. Further reading
Of course this is not new, I have been writing about this since the Euro-Zone was created, it is amazing it has taken them so long to realize it but they are slowly trying to close the noose around the UK, particularly taking into account the powerful influence they now have within our own government. Whilst nothing would be allowed to happen with the Conservatives in power a Labour or Labour/Lib Dem administration after the next election would be easy meet because history shows both would govern in spite of the people, not on behalf of the people!
From the Euro-Zone point of view Barroso is spot on, it was obvious from the very start of the Euro-Zone but his now, deeply veiled, comments about economic compatibility between the Euro-Zone and the none Euro-Zone countries is highly dangerous for the UK, the UK simply can’t afford nor are the voters prepared to put the UK’s future in the hands of this massive beaurocracy of failed politicians and we must safeguard our position now, in a recent Daily Telegraph poll 92% were for changing our status with the European Union from membership to a trading agreement only, sounds pretty good to me!
The UK beware, that is all I can say, these are the people who let you have a referendum but if you do not vote the right way they just keep you voting until you do, the European Union has nothing to do with democracy, it is the real European Dictatorship!
Two final points: