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pampango

(24,692 posts) Mon Nov 5, 2012, 04:44 PM Nov 2012

Heritage Foundation: "Let the eurozone fail" (Insight into a Romney Europe policy?)

The US think tank gives an insight into what a Romney presidency might mean for Europe

To meet with the Heritage Foundation's policy experts is to be transported back to the days of the Bush administration.

Heritage is fiscally conservative, hawkish on the Middle East and on defence spending and eurosceptic. It also claims that man-made climate change is a myth. In the reception of its Washington offices the screens advertise events entitled "The US should withdraw from Unesco [a UN cultural body]" and "Why free markets are moral and big government is not."

A recently-drafted Heritage paper on "Five conservative principles that should guide US policy on Europe" sets out a clear new path.

It says the US "must end its support for political and economic integration in the EU, which has only encouraged the drive toward the creation of a fundamentally undemocratic federal Europe that is frequently anti-American in outlook."

http://euobserver.com/foreign/118084

Fortunately, it looks like there will be no Romney administration, but it is interesting to see the attitude towards Europe of such a conservative think tank.

9 replies

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Highlight:

Heritage Foundation: "Let the eurozone fail" (Insight into a Romney Europe policy?) (Original Post) pampango Nov 2012 OP

one country has proved the heritage wrong---iceland madrchsod Nov 2012 #1

How do you figure? Sekhmets Daughter Nov 2012 #2

Paul Krugman Sekhmets Daughter Nov 2012 #3

Krugman's right laundry_queen Nov 2012 #5

Free Trade Sekhmets Daughter Nov 2012 #9

Krugman is right. The real question now is whether they dump the euro or keep it along with more pampango Nov 2012 #6

Conservatives everywhere are the same... Sekhmets Daughter Nov 2012 #8

Romney doesn't know what happened last time? jenw2 Nov 2012 #4

Whatever happens with the EU... SoapBox Nov 2012 #7

madrchsod

(58,162 posts)

1. one country has proved the heritage wrong---iceland

Reply to pampango (Original post)

Mon Nov 5, 2012, 04:46 PM

Nov 2012

Sekhmets Daughter

(7,515 posts)

2. How do you figure?

Reply to madrchsod (Reply #1)

Mon Nov 5, 2012, 04:51 PM

Nov 2012

Iceland has not yet joined the EU, only applied. An Oct. poll showed the people oppose it 57.6% to just 27.3% for.

Sekhmets Daughter

(7,515 posts)

3. Paul Krugman

Reply to pampango (Original post)

Mon Nov 5, 2012, 04:57 PM

Nov 2012

thinks that a single currency without a single government is a major problem....and George Soros recently said the Germans should either lead or get out of the EU. The Brits decided to keep the LB Sterling and have weathered the economic crisis better than the nations locked into the Euro.

laundry_queen

(8,646 posts)

5. Krugman's right

Reply to Sekhmets Daughter (Reply #3)

Mon Nov 5, 2012, 05:30 PM

Nov 2012

When you can't use your monetary policy to buffer the issues with currency, it's a set up for disaster. Why anyone thought this was a good idea is beyond me. It's free trade run amok.

Sekhmets Daughter

(7,515 posts)

9. Free Trade

Reply to laundry_queen (Reply #5)

Mon Nov 5, 2012, 05:44 PM

Nov 2012

always run amok...it knows no other way.

pampango

(24,692 posts)

6. Krugman is right. The real question now is whether they dump the euro or keep it along with more

Reply to Sekhmets Daughter (Reply #3)

Mon Nov 5, 2012, 05:39 PM

Nov 2012

political integration.

The Heritage Foundation and most conservatives in Europe are eurosceptics who would prefer to see the demise of the euro as a step along the professed desire to weaken or abolish the EU itself. The far-right political parties in Europe are the most eurosceptic while the liberal parties continue to provide support for closer political and economic integration on the continent.