Last Gasp of European Sovereignty on the Line in Brussels Today

February 11, 2010 (LPAC)—A senior U.S. intelligence source, contacted Feb. 10 by EIR, was fully aware of the drive for a consolidated European super-state at the European Union heads of state meeting in Brussels on Feb. 11. The proposal for the EU to take over most of the sovereign debt of all 27 EU member states is the "logical next step in the Maastricht/Lisbon process," the source commented. "If the European states go along with the proposal, this will represent an explicit surrender of the last remnants of sovereignty." The source emphasized that the argument being presented by the promoters of this scheme is that only a single European entity, "too big to fail," can avert a wave of sovereign defaults.

Commenting on the source's observations, Lyndon LaRouche observed: "If they go ahead with this, then the next step is war."

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