But the panic that EMU may disintegrate is overdone. Rather than a default and subsequent exit from the euro zone, the member states are more likely to overrule a fundamental principle of EMU and bail out a fellow member state.

It is running a current account surplus that is now larger than China s indeed, the largest in the world in absolute value. And, while weighted majorities can overrule it on some issues, everyone acknowledges that little can be done in the eurozone unless Germany agrees.

But, until now, the right to work at home was sacrosanct at Yahoo!, something that an employee s manager could not overrule. And, by all accounts, enough people at Yahoo! were not working, either from home or from more interesting places, that it had become a serious problem.

The draft constitution completed last month has raised serious concerns, as it places excessive checks on political parties and politicians, while giving appointed bureaucrats and judges the power to overrule policy decisions by elected officials. Elections conducted according to such a constitution are unlikely to produce legitimate results.

But you cannot argue that he aggressively pushed the interest rate below its natural level. Rather, Greenspan's mistake if it was a mistake was his failure to overrule the market and aggressively push the interest rate up above its natural rate, which would have deepened and prolonged the recession that started in 2001.

The equilibrium in voting rights between small and large member states was also secured by vesting exclusive authority to propose regulation in the Commission, which expresses the common interests of the Community. This authority was reinforced by requiring unanimity among member states to overrule the Commission a provision that has strengthened the smaller states against the larger ones.

They are unbelievers who say, 'God is the Messiah, Mary's son.' Say 'Who then shall overrule God in any way if He desires to destroy the Messiah, Mary's son, and his mother, and all those who are on earth?' For to God belongs the kingdom of the heavens and of the earth, and all that is between them, creating what He will. God is powerful over everything.

They are unbelievers who say, 'God is the Messiah, Mary's son.' Say 'Who then shall overrule God in any way if He desires to destroy the Messiah, Mary's son, and his mother, and all those who are on earth?' For to God belongs the kingdom of the heavens and of the earth, and all that is between them, creating what He will. God is powerful over everything.