Friday, October 12, 2012

The Demise Of The EU Is At Hand

When it comes to the recipient of the Nobel Peace Prize, the committee has developed a rather poor track record.

They've managed to provide plenty of fodder for comedians who mock the choices, but they've also shown an ability to select a winner who then goes off in the opposite direction.

You've only to look at the award being given to the U.S. President, who proceeded to order some not very peaceable drone attacks that have killed quite a few who would have argued that Mr. Obama was hardly a messenger of peace.

Now the committee has decided that the European Union has performed some magnificent feats of peace, and so a bureaucracy is given the prize. Considering the state of the economy in the EU, the money will be a welcome windfall.

It makes for a lovely parting gift for the Greeks, who are on the verge of getting the boot from the economic union of European nations.

How much longer will Catalonia remain part of Spain? They're talking secession, to escape the dismal outlook that's the result of too much spending, high taxes, and a system of governance that is not sustainable.

Ireland will hang in there, muddling along while the citizens do their best to survive. It's something they've done for centuries anyway.

Some have suggested that Germany get out because it has been too negative when it comes to cost cutting and tight budgets. Let them go live frugally while the Italians sit in the cafe and sip espresso, watching the world go by. Why work when you don't really have to? Everything is under the table in Italy anyway, a lot of cash transactions to avoid the taxman, which is something else the straight-laced Germans dislike.

The Nobel Prize for Peace has gone to the European Union, but the member nations are at war with one another. It's only a matter of time before the honor from Sweden tears the organization apart completely.

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