Prime Minister David Cameron's decision to veto Germany's demand for a new European fiscal union will define his premiership.
More than that, Cameron has raised a banner for patriots everywhere fighting to retain their national independence.
With his no vote on fiscal union, Cameron declared to the EU: "British surrenders of sovereignty come to an end here. And Britain will deny Brussels any oversight authority of any national budgets or any right to sanction EU members."
The euro-skeptic right is understandably ecstatic.
"He Put Britain First," thundered the Daily Mail. "There is now a wonderful opportunity for Britain gradually to loosen itself from the shackles of a statist, over-regulated, anti-democratic, corrupt EU."
The Sun featured Cameron as Winston Churchill, flashing a wartime V-for-Victory sign over the banner headline: "Up Eurs—Bulldog PM Sticks up for Britain."
The British left, however, almost took to bed.
"Cameron Cuts U.K. Adrift," wailed the Guardian. "The EU Leaves Britain," moaned The Independent.
And if the eurozone collapses, and the EU follows, what, then, is Europe—other than a geographic expression?
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