Mr. Coker points out that Draghi is Italian and very colorful and he is a real PhD like our chair (and unlike both their predecessors), and his words have great strength. I point out that the jobs of almost everyone in Brussels and the Eurotower depend on keeping the EC intact at any cost. It is not surprising in that context that with their ability to tap every country, every international aid organization, that they have won the battle.

David Lilienfeld writes:

In the absence of political unification, is there any way for the EU to survive as anything other than a trading association? The euro isn't viable in its current form, the political structure requires unanimous agreements (at least that's my understanding from the euro follies), and the folks in Brussels seem wonderfully detached from reality. BTW Brussels has already succeeded in destroying medical research in the EU with its "benign" Clinical Trial Directive.


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