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Tuff-Stuff

12/11/11 5:17 AM

#429631 RE: Tuff-Stuff #429630

nyt<>Euro Crisis Pits Germany and U.S. in Tactical Fight
By NICHOLAS KULISH
Published: December 10, 2011

http://www.nytimes.com/2011/12/11/world/europe/euro-crisis-pits-germany-and-us-in-tactical-fight.html?_r=1&pagewanted=all
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cooler

12/11/11 5:21 AM

#429634 RE: Tuff-Stuff #429630

Lastly, there is the problem that has not yet become apparent. It is the problem of the unintended consequences of centralised control. The compact uses words such as “common rules”, “monitoring”, “coordination”, “assessment”, “endorsement”, “sanctions”. These are all pretty strong words. I wonder how long national electorates will tolerate supervision and direction of their economies by officials and bodies which are unaccountable to them.