The German Bundesverfassungsgericht (Federal Constitutional Court) has repeatedly stressed that the EU is not a sovereign state, but merely an economic community of 27 independent sovereign states. Although they have ceded parts of their sovereignty – foreign trade, competition control, border security, etc. – to the EU Commission, they have always reserved for themselves the most decisive democratic sovereign rights, especially social legislation and financial policy.
In defending these sovereign rights, Northern Europe, including Great Britain, has always played a blockade-role vis-à-vis Southern Europe, which sought not only social union but also financial union in order to divert substantial financial transfer flows from North to South.
The Corona crisis is now breaking all the dams:
- Some time ago, the Federal Constitutional Court once again curtailed Europe’s legal competence. Since only the 27 states are sovereign, their basic rights take precedence over European law. Appalled, Commission President von der Leyen announced: “European law always takes precedence over national law” and met with the approval of the European Court of Justice, although the legal situation is clearly different. However, the European Court of Justice has always tried to encroach on national legal sovereignty, for example in the Soldier’s Judgement and now, just now, against Poland and Hungary. According to Juncker’s motto: “We decide something, then put it in the room and wait a while to see what happens. If there is no big shouting and no uprisings, because most people don‘t even understand what has been decided, then we continue – step by step, until there is no turning back.”
- The European Central Bank is doing a similar thing. Even the Federal Constitutional Court has certified that it is constantly acting “ultra vires”, i.e. outside its competence: with its public financing of highly indebted states, with the direct financing of private companies, with unlimited money and debt creation and with a European financial policy that it is not entitled to at all. Thus, as in the case of drawing and redrawing1, the risks for all European citizens were only postponed, but at some point they will have to be paid for. In short, the ECB has created disproportionate payment obligations in the trillions through illegal actions.
- For the first time, the EU Commission has now also taken on the central social competence by deciding on a short-time working allowance for all states with a total volume of 100 billion euros and was quite surprised that after England’s withdrawal, the remaining defenders of social sovereignty (especially Germany) remained silent on this.
He who is silent agrees, is valid in the economy. Thus, for the first time, the EU broke into the social sovereignty of the member states, or rather, for the first time, unopposedly took on social competence. The next step is to demand sources of payment (taxes) for these expenditures.
- The decisive blow against resistance to a debt and finance union has now been dealt by the Commission under the pretext of Corona: A spending project of 750 billion euros –supposedly to remedy the Corona crisis, but in fact to save the illiquid member states Italy, Spain, France and Greece. In short: the EU Commission now wants to prevent the individual bankruptcies of bankrupt states by giving gifts for which it has no money but must first obtain them. In doing so, it is undermining the understandable resistance to Eurobonds and at the same time it is also acquiring a claim to want to pay off the promised funds through its own taxes.
So anyone who agrees to Brussels’ billion-euro gifts automatically accepts that Brussels
- acquires financial sovereignty over the member states,
- may issue Eurobonds at the expense of all member states
- and gets its own fiscal sovereignty, i.e. creates a new level of financial sovereignty above that of the previously financially sovereign member states.
Thus, step by step, according to Juncker’s method, an economic and interest community will turn into a central state and the member states will become provinces, but will continue to bypass the most heavily taxed citizens of Europe and “harmonise”, i.e. tap off, the highest social systems in favour of the deficit countries.
“There is no water column in the pond”, as the saying goes. The water in the pond is always distributed equally to everyone – but not the water supply. •
1 Bill of exchange: a security in which the issuer undertakes to pay a certain sum to himself or a third party.
One speaks of “Wechselreiterei” (Drawing and Redrawing of bills) if two or more parties draw or accept bills of exchange on each other without these bills of exchange being based on a commercial transaction.