EU To Greece: You? Sovereign? Surely You Jest.

Let’s see how many strikes this causes

The council of EU finance ministers said Athens must comply with austerity demands by March 16 or lose control over its own tax and spend policies altogether. It if fails to do so, the EU will itself impose cuts under the draconian Article 126.9 of the Lisbon Treaty in what would amount to economic suzerainty.

While the symbolic move to suspend Greece of its voting rights at one meeting makes no practical difference, it marks a constitutional watershed and represents a crushing loss of sovereignty.

This is what happens when politicians sign away their country’s, and people’s, rights.

Look, the Greek politicians and people have completely screwed their economy…and now they may have someone else to blame for the medicine they’ll have to swallow.

This could get very ugly.

One Response to “EU To Greece: You? Sovereign? Surely You Jest.”

1. Skyler says:

   February 18, 2010 at 8:28 am

   I remember visiting my friends in Spain in 1995 and telling them that something like this was guaranteed to happen. They laughed.