Douglas Carswell's Blog

Barking Barroso blames America

Jose Manuel Barroso, European Commission president, has lashed out at America and Canada. Apparently the financial crisis gripping the Eurozone is all their fault.

It was, Barroso told the G20 summit, “unorthodox practices” that “originated in North America” that are to blame for Europe’s financial mess. Nothing to do with the Euro elite’s grand folly of monetary union, you understand.

Barroso was Prime Minister of Portugal at a time when the country started to run up enormous debts. So much so that she has since had to be bailed out.

The Portuguese state accumulated vast debts not simply because she was run by people like Mr Barroso. The Euro made it possible for such people to borrow on such a scale because Portugal was able to exchange IOU bonds for money from investors and banks.

Barroso went on to tell his audience that he is not going to take any lessons on democracy. Given that the European Commission president is unelected and has zero democratic legitimacy this is, you might think, a rather odd thing to say.

Set aside the absurdity of his comments, the European Commission President's outburst is actually very revealing.  As the grand plans of the Euro elite fall apart, they are growing delusional. 

The Eurozone crisis is an entirely man-made problem created on this side of the Atlantic. So long as people like Barroso are at the helm, things are only going to get worse.

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