No EU Constitution- no Problem (for the US) (brackets mine) (via RCP)

John O'Sullivan is good on the referenda- especially on putting a little orange in the picture:

' According to the law in the EU's founding treaties, the proposed constitution cannot go into effect if any nation rejects it. But the conventional wisdom is that there are national gradations of power in this regard:

First level: If France, a founding member of the EU and one of Europe's "Big Three," rejects the constitution by a clear margin, then the constitution is finished.

Second level: If Britain, one of Europe's "Big Three" but not a founding EU member, votes against it, then there would have to be renegotiations to make the treaty more palatable to the British electorate.

Third level: If Holland, a founding member but one of Europe's smaller nations, votes against it, then the Dutch will have to keep voting until they get it right -- as in the past the Irish and Danes were forced to eat their votes.'