There appears finally to be the kind of revolt that the EU elites fear – that people will finally ask the question: What’s in it for our nation to be part of the EU empire? The answer is not much. It appears that the German Bundestag (Federal parliament) is in revolt over the latest bailout and the highest court in Germany will rule on the procedure of the summer one (EFSF):
Mrs Merkel (German PM) has cancelled a high-profile trip to Russia on September 7, the crucial day when the package goes to the Bundestag and the country’s constitutional court rules on the legality of the EU’s bail-out machinery.
If the court rules that the €440bn rescue fund (EFSF) breaches Treaty law or undermines German fiscal sovereignty, it risks setting off an instant brushfire across monetary union.
Parliamentarians are apparently hearing the people’s will not the elite’s:
Mrs Merkel faces mutiny even within her own Christian Democrat (CDU) family. Wolfgang Bossbach, the spokesman for internal affairs, said he would oppose the package. “I can’t vote against my own conviction,” he said.
Der Spiegel, the magazine I tried to read in German in high school and I went back to Bild instead!, has two articles on the crisis. The first one is about the “conservative revolt” against the continued bailouts to other nations:
Klaus-Peter Wilsch, a member of parliament for the CDU, is among the most vocal critics of Merkel’s euro policy, and says dozens of fellow MPs feel the same way. “I know from personal conversations that there is great dissatisfaction among 30 to 40 conservative MPs,” he says.
Wilsch has said he will vote against the new euro measures because the increased powers being assigned to the European Financial Stability Facility (EFSF) would be a step towards introducing euro bonds.
There seems to be unrest among the activists:
Rank-and-file party members didn’t like Merkel’s U-turns on nuclear policy and on military conscription, and several senior CDU officials have indirectly criticized her leadership style in recent months. “We must explain better and more quickly, why we’re doing what,” said the CDU governor of the state of Hesse, Volker Bouffier.
Explain what? The people were not consulted on the loss of the Deutsche Mark nor any of the bailouts nor the loss of sovereignty to the EU. There is nothing to explain.
Even Germany’s ceremonial head of state is getting in the populist act according to the other Der Spiegel article:
Speaking at a conference of economists in the Bavarian town of Lindau, [German President] Wulff said: “I regard the massive acquisition of the bonds of individual states via the European Central Bank as legally questionable.”
He referred to an article in the EU’s fundamental treaty which bars the ECB from buying bonds directly from governments. Because of the article, the ECB has been purchasing bonds on the secondary market. The ban, Wulff said, “only makes sense if those responsible don’t circumvent it with comprehensive purchases on the secondary market.”
Here is Spiegel’s take on the suit at the Constitutional Court:
First some background:
Germany’s highest court, based in the southwestern city of Karlruhe, began its deliberations on Tuesday with a public hearing on the legality of Germany’s contribution to the bailout. A prominent Bavarian conservative politician, Peter Gauweiler, and a group of professors have mounted a legal challenge against Berlin’s actions last year to help save the single currency.
They accuse the German government of breaching both the constitution and European law. They believe the aid paid for Greece and the contribution to the European Union’s euro rescue fund was in breach of EU law, which stipulates that member states must not assume each other’s debts.
The Court will probably uphold the Greek bailout but may say no more:
It is unlikely that the judges will thwart the bailout of Greece and the attempts to save the euro. But it is equally unlikely that they will just accept the status quo. Comments made by the judges so far suggest they will opt for a qualified approval of the government’s actions — a “Yes, but.”
They are likely to set limits and to require the government to consult parliament more in future bailouts, but they probably won’t call into question the measures taken to rescue the euro — either legally or in terms of whether the actions were economically wise.
I agree; I cannot imagine a court saying the acts of the Bundestag are illegal. But the fact people are rising is encouraging. The EU is a false empire set up by elites without real consensus and popular sovereignty. What Germany needs is a real alternative party: A libertarian non-racist party that can say NO MORE. Maybe the Free Democratic Party (FDP) is the answer – see the Wikipedia listing for the FDP and Der Spiegel again. Basically, what the FDP needs to do is say it: GDR out of EU and the Euro! Freiheit bei dem Deutschem Volk!