Why Can't We Be More Like the Europeans?

That is George Soros rubbing his hands in glee (if glee is possible with that old Nazi collaborator) as the Euro begins to collapse and his currency manipulation of non-American money is put into high gear. He's already contemplating the billions he'll make as he exploits the recession in the West.

Rabid egalitarianism at the bottom combined with social elitism at the top has produced an unnatural federation of states relying on a currency called the Euro. The social welfare engineers truly believed that they could produce a political entity in which there were no Germans, no French, no Italians, no Brits, no Greeks, Irish or Portuguese. They would all become Euroweenies using an artificially state-supported currency that would make Europe the economic engine of the world. It was such a phony unity that the pictures on the Euro paper money are grand illustrations of exotic European locations which have never existed.

While the American left, supported by full-throated "amens" from the mainstream media, has declared European social welfare, social democracy, and social currency to be the perfection that the barbarian laissez-faire Americans could never dream of, Europe itself is having serious second thoughts. There is the strong possibility that as the Euro falls, the old war of competing national currencies could be restored. The likely continental victor in the currency war would be Germany, with France playing second fiddle.

The Germans were major fans of the Euro, and will be the major beneficiary of a Euro collapse. Remember the fabulous alliance of Chrysler Corporation and Daimler-Benz. At the time of the divorce, Daimler-Chrysler had two kinds of products--the big losers and the perpetual winners. As the Germans bade Detroit a fond farewell, they took all the good products and profitable investments with them, and left the American company broke, run by hopeless incompetents, and manned by union members waiting to retire on salaries higher than most state governors. The Germans figure that if they can do that all the way across the Atlantic, what are a few borders? So having done what it could to convince the schlubs of Europe to go with the Euro, Germany is likely to return to the strongest currency in Europe--the Deutsche Mark (or what we Americans call the Deutschmark).

You see, Germany needed a way to pay for all that destitute territory they took back after the fall of the Berlin Wall, and what better way to do it than to get all the other Euroweenies to join in a common currency that would pay for the revitalization of the old East Germany? Now, as with Chrysler, Germany can bid farewell to the countries they allied with, take the best of whatever they had to offer, and leave them dangling over the cliff.

Poor Ireland is an excellent example. After long being the poor orphan of Europe, Ireland decided to follow the Reagan-American model by freeing up enterprise, cutting government expenditures and lowering taxes, and allowing entrepeneurs to succeed without government bureaucrats telling them they were doing it wrong. The emergence of Ireland as a wealthy, healthy state was nothing short of an economic miracle.

But the elites listened to the siren call of a United Europe. They joined the European Union, surrendered many of their inherent powers, and by a narrow margin adopted the Euro. And then the Euroweenie Elite informed Ireland that they weren't getting with the Euro social welfare plan properly, devalued the Irish currency forcing those who still held it to switch to Euros, and threatened to expel the Emerald Isle if it didn't raise its taxes, increase its social welfare spending, enlarge the bureaucracy to run the government, and get tight control of private enterprise. Today, after that brief and astonishing renaissance, Ireland has gotten the Euroshaft, and is heading the same direction as Greece.

Spain will likely be the next on the Eurocollapse Highway. Meanwhile, the two big winners of the Eurosweepstakes, Germany and France, are eliminating or cutting back the very programs they imposed on the other Eurosuckers. France is having its own problems trying to do so, causing riots in Paris and other large cities by daring to raise retirement ages, increase the hours of a work week, and eliminate jobs-for-life guarantees. Germany is doing the same, including lowering taxes and having the government encourage businesses rather than run them, but the reaction has been much milder than in France.

While all of this goes on, George Soros smacks his lips at the prospect of manipulating any currency that increases his personal wealth and power. The American left, including their Chicago Stooge Barack Obama, continue to praise the wonderful European social welfare system while pushing hard and using parliamentary tricks to put us in the same bankruptcy barrel as most of Eurotopia. And sitting back, cackling like a character out of a B horror movie, is George Soros, pulling the strings and deciding what is best for us. Soros tells us to Move On, when in fact he really means "give up."