And listen especially hard when Kenny Rogers has this to say:
And the night got deathly quiet, and his face lost all expression.
Said, "If you're gonna play the game, boy, ya gotta learn to play it right.
You got to know when to hold 'em, know when to fold 'em,
Know when to walk away and know when to run...
Ev'ry gambler knows that the secret to survivin'
Is knowin' what to throw away and knowing what to keep.
Because you lost big in the wee hours of last night.
Perhaps you missed their eyes ...?
He said, "Son, I've made a life out of readin' people's faces,
And knowin' what their cards were by the way they held their eyes.
Cameron threatened to use his veto to block a deal that all 26 of the 27 EU members had agreed upon, by asking for special treatment for London's financial centre:
German sources said they were surprised by the British veto, although in the run-up to the summit they had received "different signals" from the British. Merkel recalled it was 20 years to the day since the EU struck the accord on monetary union in the Dutch city of Maastricht and that even back then the British had secured their opt-out from the euro. "We always respected that and through all these years Great Britain has played a positive role."
Merkel pointed out that despite the British blocking, the UK had as much an interest as anyone in a successful single currency. "Like all the rest of us, Great Britain depends on a stable euro. We're all in the same boat."
In the wee hours of the morning the UK Prime Minister played his ace, and lost:
When it became clear that Britain was going to wield its veto to block a revision of the EU treaty, there was a break at 3am for coffee and fruit salad as the treaty negotiations moved into the second phase. This was a discussion on how a treaty would be agreed by the 17 eurozone members plus any other states that wanted to sign up.
Cameron intervened to say that the institutions of the EU, such as the European commission and the European court of justice, could not be used to enforce the fiscal compact. This was challenged by Merkel, Sarkozy and Barroso.
According to senior French sources, Cameron told Merkel: "The ECJ does not belong to you." The German chancellor responded: "But we can use it anyway."...
She brushed aside British objections to using EU institutions as instruments in the new eurozone regime, saying Berlin had taken legal advice and that there would be no problem. But she noted that "Great Britain will watch that closely."
But not all was lost, it seems:
Cameron insisted that his relations with Sarkozy and Merkel had not been harmed. "David shared a lift with Angela after the summit broke up," one source said.
A pity, but understandable: London's prosperity depends on the lock it has on the international financial world, and Cameron felt he had to defend this at all costs.
But he overplayed his hand, and lost. Now Britain will pay the price over the coming decades.