Eurozone On the Edge of Disaster | TheBlaze.com
For those of you who have investments in the stock market (no one I know) this is the top story for several days that is actually eclipsing OWS in the MS media. Interestingly enough this sparks my interest not because I am a Euro groupie (those Americans who think everything in Europe is better, smarter, more urbane or just generally uber-cool) but because I find myself actually applauding the Prime Minister George Papandreou for choosing to offer a referendum on the EU bailout for the citizens of Greece to vote on. What a novel idea…Actually allowing citizens to vote on an issue and then for government to actually abide by that vote.
It used to work that way in America. When you voted for a Representative you knew that person would actually go to the seat of government and reflect the opinion of the majority (those who elected him) in his vote. Not anymore. Now we speak clearly through our votes, our chosen representatives go to DC where they drink the water, get brainwashed or for whatever reason ignore the wishes of their constituency and vote with the herd.
Everyone assumes such a referendum would lead to Greece thumbing their nose at the EU by refusing the austerity measures attached to a bailout of their country. Those who believe themselves to be in the know could be surprised there might actually be a majority of Greeks who would want the EU interference. It’s not likely, but it has become apparent in this country that the one squeaky wheel that is getting all the grease does not necessarily reflect the sentiments of the other three smooth rolling wheels.
Personally I think it would be a great idea for Greece to vote against the austerity measures. They would then 1) Choose to default on their debts and probably bring about the eventual demise of the European Union and it’s price fixed monetary unit the Euro, 2) Choose to sell their Geek souls to some wealthy nation such as China whose strings would (in time) prove to be many times worse than austerity, or 3) Choose the Icelandic Effect which says if you knuckle under, cut back and pay your bills you can actually come out a stronger; better nation.
Whatever happened it would be the choice of the voting citizens of Greece that made the decision. That is a basic principal of Democracy a word according to Wikipedia (…which was coined from δῆμος (dêmos) "people" and κράτος (Kratos) "power"…) means rule of the people.
The rule of the people is being largely ignored in our Republic. Our elected representatives are sitting idly by allowing the Executive branch of our government to operate totally unchecked thereby placing us under the rule not '”Of the People” but by the Executive pen of one man.
How simple it would be to pass a law revoking the use of Executive Order. I wonder why they aren’t doing that?
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