Greece has brought doom unto itself, but the European elite have now also begun to derail. The European Union governs its Greek protectorate by dictat. Soon Brussels will demand the return of the colonel's regime to push through the austerity package.
Greece is about to be sacrificed on the altar of European federalism that pursues an ever closer union; an ever closer European entity. The euro serves that purpose as a political tool. With the exceptions of Denmark and the United Kingdom, EU Member States that do not yet belong to the euro zone are automatically candidate members. They are supposed to enter the euro zone. Once in, one cannot get out. This is the European version of the Brezhnev doctrine: in the Soviet Union, joining the 'socialist family' was an irreversible process. The European Union does not have an army (fortunately), but financially blackmails towards the same goal.
Everyone outside Brussels knows that Greece will not recover within the euro zone. The country is collapsing without gaining competitiveness. For tourists Greece remains too expensive. They go to Turkey. Rich Greeks flee, as do young talented Greeks. The country is left with strikers and demonstrators. The weak state cannot be kept in a state of austerity for years on end, and the country remains the festering wound of the euro zone.
The European elite are in a state of denial. An exit from the euro zone is seen as capitulation of European federalism. European integration could become 'reversible'. The European Commission, guardian of this ideal, declared that an 'exit clause' is not consistent with the dogma of the ever closer union. This is remarkable because the Lisbon Treaty contains such a clause for the European Union, designed to blackmail Ireland in case of referenda.
The European elite never expected that an 'orderly departure' from the euro zone would ever be needed. The euro became the centerpiece of a religion. On February 5, 2010 European Commission President Jose Manuel Barroso said that the euro zone is the protective shield against the crisis. On February 24, 2010 the liberal leader in the European Parliament, Guy Verhofstadt, euphorically called on the British conservatives that there will come a day when they will beg to join the euro zone. In 2009, Labour MEP Richard Corbett said: "The euro is a rock of stability". Corbett lost his seat in the European Parliament, notably to the British National Party (BNP). He is now a senior adviser to President of the European Council Herman Van Rompuy.
What is the cause of this blindness? The European elite were always surrounded by yes-men, most importantly the Financial Times (FT). The British business newspaper became the regular of the European Commission. In exchange for support to the 'European project', the FT gets inside scoops. On May 26, 2008 the main article headlined: "Happy Birthday for the Economic and Monetary Union. The currency union is a huge success". The monetary union was a 'triumph of political will from a generation of visionary leaders'. The European elite perceive this kind of lapdog behaviour as self-affirmation. The British Conservative politician William Hague, now Foreign Secretary, called the euro a 'burning building without an exit'. That was not yesterday but... in 1997. He was written off as a creature of Little Englandism. The FT abused Europe for British domestic politics. The newspaper described the Conservative Party as the 'nasty party' and argued in favour of British membership of the euro.
The BBC did the same by giving a forum to mostly 'pro European politicians'. Diane Coyle, vice president of the BBC Trust once called euro critics 'old men with more interest in the past than in the future'. The BBC reported that General Motors, Sony and Toyota would leave the UK if the country would fail to join the euro. The message was fantasy. In 2005, an inquiry concluded that the BBC had 'serious problems' with its coverage on the EU. "The BBC did not manage to remain impartial". Rod Liddle, editor of the radio programme 'Today' said: "The ethos of the BBC was that eurosceptics were xenophobes. The BBC was institutional for the euro".
BBC and FT became standards for European coverage. EU correspondents took it upon themselves to 'educate' the home front. In doing so, they became a channel of EU institutions. To promote 'pro European coverage', both the European Commission and the European Parliament organised 'press prizes' with big prize pools. There is the European press prize against discrimination (first prize 12,000 euros), a press prize of the European Parliament with a prize pool of 20,000 euros, and an EU Health Prize (13,000 euros). Additionally, the European Commission finances its cheerleaders such as the Union of European Federalists, the European International Movement and Friends of Europe. Think tanks also receive European subsidies, to think 'pro European'.
With so much self-adulation, the euro crisis is a cruel awakening. It is exactly the lack of candid and critical thinking that made the crisis so fundamental. The governing Brussels bunker mentality is now a threat to freedom and democracy.