As laid out in the previous Euro Crisis post below, European leaders are now underway with the second and final step in their quest to centralize power over all of Europe.

Following are excerpts from Christopher Booker's article written for the Telegraph:

"Easily the most telling statement by any politician last week was that from an anguished Angela Merkel, in pronouncing that 'the current crisis facing the euro is the biggest test Europe has faced for decades, even since the Treaty of Rome was signed in 1957'. 'If the euro fails," she went on, 'Europe fails,' warning that the consequences for the whole of Europe would be 'incalculable'."

"What we are witnessing here is a judgment on the entire deceitful and self-deceiving way in which the 'European project' has been assembled over the past 53 years. One of the most important things to understand about that project is that it has only ever had one real agenda. Everything it has done has been directed to one ultimate goal, full political and economic integration. The headline labels put on the various stages of that process may have changed over the years, such as building first a 'common market', then a 'single market', finally a 'constitution'. But by far the most important project of all was locking the member states into a single currency."

"This was always above all a political not an economic project, to be driven through at any cost, which was why all those 'Maastricht criteria' laid down to bring it about were repeatedly breached. But as expert voices were warning as long ago as the 1970s, when it was first put on the agenda, there was no way economic and monetary union could work unless it was run by a single all-powerful economic government, with the power to raise taxes."

Read the full article: The Euro Crisis is a Judgement on the Great Lie of 'Europe'