The Morgan fiasco is noteworthy as it points out the European mindset vs. the American. For example:
1. Europeans tend to believe that government can solve all their problems if only enough money is spent.
2. Europeans believe that government is the arbiter of "rights"; "rights that can be changed at the merest whim of some faceless bureaucrat or far-away "parliament".
3. Europeans, especially the French, English, and German, have no problem with non-French, non-English, and non-Germans telling them what to do. (The EU)
As the Irish, Greeks, and Italians (not to mention the Spanish) are quickly learning, the EU is not the solution, it is the problem. This is what happens when you elect bureaucrats to govern.