What happened in the last few days is something quite shocking to the Eurocrats. Someone actually asked the people of his own democratic country if they approve of deep and lasting austerity as a worthwhile price to keep the euro. So finally, we have a rogue force in EU decision-making: democracy. I know there are enormous systemic risks in delaying the implementation of the deal made last week; but there are also profound long-term risks in pushing for the deeper European integration required of this crisis without popular, democratic consent.
Andrew Sullivan on what happens if Greece Leaves the Euro. (via cheatsheet)
It really struck me when I was listening to NPR’s initial reporting on this, because their report was essentially “WTF is Papandreou thinking?” Not once was there any mention or hint that maybe, just maybe, the people of Greece might deserve some say in this deal struck by “the 1%”