I have seen WW3. Get prepared

We’re not going to make tens of billions of cuts to our national budget to facilitate large(r) fiscal transfers. Not gonna happen.

If Greece doesn’t like its medicine, it should leave the Euro. Stay in = play by the rules. And he who pays the piper, picks the tune.

Ironically, Greece would be much better off without the Euro. Now its for Greeks to make their politicians with the Euro-uber-alles mentality understand this.

Though I will say this: politicians who put banks, financial markets and bond holders ahead of ordinary people, should meet a short drop and a sudden stop.

So what is the response of the euro elites? Cut education spending in order to force the country to follow some self-defeating program of austerity.

What is going on here is immoral. It harms human beings in the short term and limits their development in the long-term in order to continue to try to keep a badly designed currency limping along.

We all suspect that sooner or later the euro will either break up or fracture into two currencies. So what exactly is the point of inflicting pain on populations that can only delay, but not prevent, that process?

And actually the ECJ is known for its “judicial activism”. The Council (Member States) in particular is not too fond of the Court.

Ever since Maastricht the fiscal limits have existed. The Maastricht rules have changed very little, even with the six pack and the two pack and the Compact.

One can simultaneously believe in balanced budgets and in solidarity. The question is who pays. The Maastrich rules don´t say who pays.

The EU has actually been pushing in the right direction when it comes to less taxes on labor and more taxes on energy and senseless consumption and financial speculation. For newer European generations pension reform is also essential, because if the countries have chosen low growth, low fertility models, then you have an intergenerational fight for resources that the young were bound to lose because of their lower voter turnout.

Your articles usually talk about “European” elites. There is no such thing, at least any more than an amalgamation of the national elites from the member states. The few EU officials (President of the Council and MEPs) have very little inherent power. Even the much maligned Commission is rather a college of glorified public administrators, appointed basically by the national governments. The ECB´s Governing Council is also dominated by national governments. Talk of EU elites negates democracy twice:
1) by allowing national governments to shift the blame;
2) by denigrating the Parliament´s right to fire the Commission.

The Portuguese Constitutional Court is headed into interesting territory by forcing a discussion the left should have lead.

The European Committee of Social Rights of the Council of Europe has also been laying the groundwork for the protection of the welfare state against austerity through legal means.

But this is also a hollowing out of democracy. The poor and the rich get protections, while the middle class is stuck with the check. This wouldn´t be a problem if there were actually good jobs for the middle class, but that´s what the West´s real problem is.