Europe will never enjoy sustained economic growth until it learns to protect individual liberty. The European Commission, the actual ruler of Europe, is an unelected bureaucracy that supplants democratically adopted laws in each member state with bureaucratically imposed directives from the European Union in Brussels. Over 50% of all laws governing each of 28 nations in Europe are not the product of the member states elected leaders but are imposed by the EU bureaucracy in Brussels. National identity and individual liberty are fleeting in a once vibrant, diverse, and largely democratic Europe. In a recent edition of my radio program, Truth Trial (see emordtruthtrial.com), Robert Oulds, the Director of the Bruges Group in London, explained that the EU is stealing Britain’s identity, subjecting domestic issues and disputes to foreign control and resolution, harming Britain’s economy, and robbing Brits of their economic and political liberty. He says discontent is so great that he predicts a forthcoming referendum on whether the UK should remain in the European Union will be decided against continued membership.
After six quarters of economic contraction, European Union member states have just emerged from a long recession. The recovery is anemic with lackluster Gross Domestic Product figures the order of the day and unemployment remaining very high, particularly in Italy, Spain, Greece, and Ireland. Robert Oulds places primary blame on regulations imposed by the EU.
The Euro-Zone GDP has bumped up ever so slightly for the first time since the third quarter of 2011, signaling a shaky emergence for Europe from the longest period of economic contraction since the end of the Second World War. Although public spending in the United States remains the highest of all, the United States has adopted no serious austerity measures. By contrast, countries of Europe have instituted such measures, cutting public spending and increasing already very high taxes.
"Before you embark on a Journey of Revenge, Dig Two Graves" Confucius (504 bc)
“The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.”
"If angry, count to ten. This will give you time to find a weapon." - Will Spencer