As reported here, by Ambrose Evans-Pritchard:
Chancellor Angela Merkel said the ruling validated her rescue policies, and once again vowed to do whatever it takes to ensure the survival of monetary union.
"History has shown that countries with a common currency never wage war against one another, and that is why the euro is far more than just a currency. If the euro fails, Europe fails. It must not fail, and will not fail," she said in an emotional speech.
This faith in a mere currency construct is the same sort of faith neo-conservatives in America have in the political-economic construct known as democracy, the chief article of which faith is that democracies don't make war on democracies. Nevermind that Washington, DC, has been at war with the fifty united States since the American War Between The States. And make no mistake about it . . . that war has not been won even yet, otherwise there would be no such thing as a Tea Party.
If and when that war is won and the Tea Party disappears, the rest of the world should be afraid. Very afraid. For that is when you will discover that democracies have always gone to war to survive.
Long live The Republic.
Democracy? Not so much.
