Archive for the ‘EuroZone’ Category

Hard-core remainers spend the vast majority of their time spouting vitriolic abuse at those who chose to leave the EU! Social Media is full of it. Friends unfollowing friends on Facebook, followers blocking followers on Twitter – the divide has become quite nasty, scary even!

No one could have predicted the post Brexit polarisation of Britain. Even diehard politicos have been disturbed by the resulting tribalism following the referendum of 23rd June 2016!

Since that remarkable day, those who voted to remain in the European Union have been found out! From AC Grayling to Gary Linaker, George Osborne to Harriet Harman – Not only have they been unable to name one of the several presidents of the EU, or identify a European Union directive that benefits the UK, but not one of their doomsday predictions has ever come close to being true. The wretched remoaners either cling to the slogan on the red bus, or insist the apocalypse hasn’t happened yet because Britain hasn’t left! Despite the fact all the Armageddon prophecies were supposed to happen the very day after the referendum!

The latest trend adopted by the Europhiles is soft Brexit, in other words, remaining in the EU hoping for a deal that will never be offered, in the vague hope that after a decade or so of procrastination, the British public will just forget about it all and we’ll just stay in by default!

But the horrifying thing is, this could easily happen. The article 50 negotiations are expected to take 2 years before a settlement with the EU is reached. That, my dear readers, is never going to happen!  Brussels has never concluded trade negotiations with another friendly country in 10 years, let alone 2! It must also be emphasised that the EU doesn’t look on the UK as a friendly country. Brussels is determined to punish the UK to deter any other member from contemplating the very idea of leaving the bloc. No former member can be seen to strike a better deal than the remaining member states.

After over 50 years, the European Union has never struck a bilateral trade deal with a major world economy. There are too many vested interests on agricultural policies for France and Spain, whilst German industrial car manufacturing giants won’t allow Japan, China or India a shred of their lucrative markets. Prominent leave voters are only too well aware of this as the Twitter thread below illustrates.

 

Take the BBC article above for example, highlighted by Twitter user @Alichat66 – and commented on by @SirTrevSkint – both I should add, are British expats living in Europe. Despite the misleading headline, not only has a free trade agreement (FTA) with Japan not been agreed, but after five years of stalemate between the two – principally because France, Germany and Italy have vetoed several articles, but the EU was happy to kick any further negotiations into the long grass.

Now comes the shocker! After Donald Trump won the 2016 presidential race, announcing to the world “America First” in essence, following a more inward looking, protectionist trade policy, and shunning the EU by walking away from the anti-American TTIP agreement, Brussels panicked. Britain was leaving the EU and so was the US! Suddenly Brussels needed to show the people of Europe that it was making successful trade deals with the world’s greatest economies. But, as Sir Trev Skint points out, after five years of procrastination and inflexibility towards Japan, suddenly they have become the EUs “new best buddy”!

A further 15 years are required to see through the trade “transition” – Brussels speak for chaotic EU infighting and member state self-serving protectionism! If their past record is anything to go by, the European Union will have excelled themselves to ink a trade deal with Japan within 20 years.

The UK will certainly not achieve anything like a bilateral trade deal with Brussels in 2 years. Better to go straight to the World Trade Organisation now and walk away from these unachievable on-going irreconcilable deliberations.

The United Kingdom can then freely sign bilateral free trade agreements with the US, China, Far East, the Commonwealth, South America and a hundred other dynamic world economies, allowing the diminishing EU member states to either implode, disintegrate or, as is most likely, come begging to us for a no-strings-attached free trade deal.

On Andrew Neil’s The Sunday Politics, Kenneth Clarke was unchallenged when he said “there was no single issue that Britain can identify that needs looking at” – astonishingly Andrew Neil did not offer the old EU sycophant a single item that Breitbart London have identified here;

On Wednesday this week the Conservative Party’s manifesto promise of an In/Out referendum on membership of the EU became Government policy following its formal announcement in the Queen’s Speech. To date opponents of the plan have alleged that the policy is only half-formed as there is no ‘wishlist’ for renegotiation of membership. Today, however, Business for Britain (BfB) published a list of changes which the Prime Minister and other senior Tories have previously demanded.

The list is supported by a “compendium of quotes” collated by BrB in order to verify each policy statement. A supporting video has also been produced.

Being able to check the Prime Minister’s progress against the list of robust reforms provided by BfB will provide a quantifiable measure of the success or failure of his EU talks. Matthew Elliott, Chief Executive of Business for Britain said:

“The idea that there is no plan for an EU renegotiation is patently absurd. The PM and his Government colleagues have been consistent in calling for a robust new deal with the EU which involves bringing powers back from Brussels and securing “proper, full on” Treaty change.”

10 key changes which senior Tories have flagged up have also been proposed by BrB, namely:

  1. An end to ‘ever closer union’
  2. Cut EU red tape for SMEs and start-ups
  3. Return control over social and employment laws
  4. Protect the City and financial services
  5. Protect the UK from Eurozone meddling
  6. Fast-track international trade deals
  7. Cut the EU budget to save taxpayers’ money
  8. Apply UK transparency laws to the EU
  9. Give member states control over migration
  10. Restore Britain’s right to veto EU laws

Other changes BrB notes members of the Government have called for include:

  • Abolish the Common Agricultural Policy
  • Abolish the European Parliament’s second seat in Strasbourg
  • Cut the number of EU institutions
  • Complete the Single Market
  • Reduce EU control over justice and home affairs
  • Withdraw from the Common Fisheries Policy
  • Withdraw from the European Convention on Human Rights

BfB says the reforms it has identified “will be of significant benefit to both British business and the wider competitiveness of the EU” and urges that “with a fresh electoral mandate for the Conservatives, it is vital that these detailed plans to renegotiate Britain’s relationship with the EU are delivered.”

Acknowledging the fact that the Government’s checklist will take time to realise, Elliott counsels caution for those who want to hold the referendum as soon as possible, saying:

“While some will now want to fast-forward to the referendum itself, it is vital that the proper time be given to the renegotiation process to ensure it delivers the changes we need and business wants.”

As the Greeks settle down to watch their newly elected,Syriza-lead, radical left-wing government do battle against Chancellor Merkel and the Troika,

Syriza and Podremos United

Syriza and Podremos United

Spain is positioning itself as an ally against austerity policies imposed from the wealthier Northern European power-houses!

The ultra left-wing party “Podemos”, have held a triumphant demonstration in Madrid, protesting against debt and anti-austerity measures imposed  by the Northern European power-houses.

The People United

The People United

Italy’s leftists are flirting with a similar movement and will almost certainly find themselves drawn in to an axis against the EU!

A Contagion of debt avoidance will surely blow the European Project to pieces over the next couple of years.

Southern Europe is turning red! With Greece electing the far left Syriza Party, we need to look at the next Spanish general election likely to go the

Syriza and Podremos United

Syriza and Podemos United

same way. Spain is in many ways a more resilient economy than Greece, but the people are just as reactionary, suffering a similar dose of austerity dished out by the current Conservative People’s Party (Conservative (ish),  and their public sector equally as bloated. The Westminster Wing predicts a huge surge for the Podemos (We Can) Party! Follow us for the most intuitive updates available from a British Political Blog.

The people get the government they deserve!

 

The Greeks have frequently flirted with Communism in recent 20th century history. They are perceived as a bureaucratic and corrupt nation.

The Greeks simply expect the other person to pay for their socialist lifestyle. Even Greek millionaires were tax-exempt prior to the financial crisis. Bread makers and Taxi Drivers are considered “Artisans” – and can retire on a generous pension before they reach their sixties!

Greek Flirtation with Communism

Greek Flirtation with Communism

Joining the Euro zone must have seemed logical, widening their highly subsidised dependencies across 27 wealthier nations. The Germans,  French and English would happily underwrite their profligacy.

So when the world’s economy imploded, their assumed dream of offloading their deficit became their nightmare. The troika, dominated by Frau Merkel forced a new policy on the Greeks “austerity”!

It hasn’t gone down well. Full of righteousness indignation the far left Syriza Party have roused the bloated public sector blob into a revolution. Tomorrow (Sunday 25th January 2015) will produce a Greek government headed by yet another “something for nothing” regime. Syriza will demand those Euro Zone nations who have paid the Greeks wage bill for 3 years now renegotiate,  or, as expected,  wipe out the debt.  This is yet another example of Socialism in action!

A Greek exit (Grexit) from the Euro Zone is anticipated over the next few months. What lies in store for the Greek people is uncertain. It won’t be pleasant or easy, but we can be certain Spain, Italy and Portugal will be watching with interest.

We shall update this story with exit polls and the eventual result as it happens.

UPDATE: