_ When it comes to the current EU deal to put fines on countries that violate the rules and to bring offenders before the European Court of Human Rights the U.S.A. seems to be behind Germany. The U.S. wants to please the markets and bond investors. It will settle for almost anything that succeeds in doing that and avoiding a Lehmann Brothers like financial collapse. It makes sense. In the West Germany is the second largest financial power behind the U.S.A.

But when it comes to foreign policy, the USA’s all British. The current American sphere of influence mimicks the Old British Empire almost exactly. Where Britain was once involved, such as Egypt, Iraq, Afghanistan, and the Middle East, we get involved almost by default. So though George Bush and Tony Blair were partners and allies in the War in Iraq and the War in Afghanistan, the current occupant of the White House and David Cameron will not be allies when it comes to the EU debt crisis.