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    I did make reference to that Ross in respect of it being a step towards full integration. Effectively it would be rewarding fiscal irresponsibility and letting the overspenders off the hook. If the spending of these governments were not brought under control they would soon be back to square one, indeed it could be argued that by relieving them of the pressure they would be freed up to carry on in their same old irresponsible way. That is why it could only be done as a step to full economic integration.

    We see today that France and Germany are making a bid towards this and to controlling the economic policies of all Eurozone countries.

    It wont work - after all, where is democracy in all this? The 'will of the people' has always played second fiddle to the ambitions of the European integrationists, this could well be a step too far and may even lead to the complete break up of the EU itself. I remain convinced that the first pre-requisite to recovery must be the break up of the Eurozone and then for the big spenders to be forced to deal with the consequences of their own policies.

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