As a class, we have been discussing the role and power of the European Union. Within this discussion, we've uncovered the magic question. "What is the role of European Union" or What is it's objective?" Because as we've seen many people are worried that the EU is trying to become a federation, while others fear it would be a shame to not become a federation.
Therefore, I ask you guys this question. If the EU keeps bailing out countries and providing loans or in this case getting involoved with independent banks, is the EU overstepping it's place and becoming a federation? Or is it doing it's job.http://http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/11/15/bloomberg1376-LBZK2Q07SXKX01-63CEMRJ211NBTAR03IM5ONKLMR.DTL
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