Europe Constitution Vote
It is a crushing defeat for those who wanted Europe to evolve into a " counterweight " to the USA, an American style federal govt that would challenge America for whatever purpose. It is a slap in the face to the French political class who wanted to ram this incomprehensible document down the throat of the voters.
If it had been voted down by the Brits, that would have been one thing. But coming from the French, of all people, makes it all the sweeter a victory.