Eurozone Beaurocrats Grasp For More Power

The bean counters who are also Statists trying to run the european monitary union are grasping for power. They have proposed a rule that all national budgets must be submitted to the EMU before they are even read in the respective national parliaments.

This is the equivalent of the federal government in Washington, D.C., demanding that (e.g.) Connecticut must submit a budget to D.C. before they even start to consider passing it in the legislature in CT. This is a pretty astonishing demand for a surrender of national sovereignty, even for Europeans. I sincerely hope that the member nations tell the EMU to kick rocks, and the Eurozone breaks up, with Greece falling off the bottom (hah!) first.