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Friday 23 December 2011

Entente Uncordiale

As its Christmas week I thought I would post a bit early, and the first item had to be the verbal assault of the UK by the 'Europeans' which shows exactly what a lie the European Union really is.
 
Tobin Tax
Tobin Tax

The reason for this was that we had the temerity to block an attempt by the French and Germans to cripple the UK economy, by imposing what's known as a Tobin tax (a tax on every city financial transaction) on the City of London.
 
As the Americans have no such tax, then all the trade would simply go to them, thus probably defeating the alleged purpose of the tax, which was to make the UK pay for the euro zone economic collapse (even though we are not in the zone). Obviously the removal of 10% of Government finances in the UK would have brought Britain to its knees, and reduced us to the level of Greece, and so our Prime Minister blocked the moves.

The UK Stands Alone Against Federalism
The UK Stands Alone Against Federalism

Then came the assault .... Germany and France were the two main protagonists Alexander Graf Lambsdorff, head of the Germany's FDP group, part of the European Liberals, said it was "a mistake to let the British into the EU".Daniel Cohen-Bendit, joint leader of the Greens in the European Parliament has labelled Mr Cameron "a weakling".
 
Le Figaro the French newspaper stated that "No sooner did David Cameron cross the entrance to the council, on the occasion of the 8 December summit, than the sky over the negotiations darkened. He had one aim: to protect British interests." This from a nation where De Gaulle set the terms for the UK's entry as so steep that we have distrusted the institution ever since.  

The French prime minister, Mr Fillon, French finance minister Francois Baroin, and Christian Noyer Chairman of the French central bank all suggested that Britain was a better candidate for a downgrade of its triple-A rating ahead of France, amid fears in Paris that France might lose its triple-A rating.

"When I look at our British friends, who are even more indebted than us and carrying a bigger deficit, what I see is that the ratings agencies so far don't seem to have noticed", " ... you'd rather be French than British in economic terms" about sums up the sentiments.  

The rest of Europe joined in the attacks to one degree or another .... so much for European Unity. Apparently, stopping the Euro zone from robbing £80bn from the UK economy to pay for the Euro zone badly formulated collapse is apparently selfish on our part. The fact that it was Germany (along with Italy), which was the first Euro zone country to break the 3% cap on borrowing, which was set in to the first Euro treaty, at the insistence of the then German finance minister Leo Waigal. France immediately did the same. Oddly Spain was the only country to stick to the rules, and look what happened to them. Somehow, this is all Britain's fault.   

The sooner we have a referendum on getting out of this corrupt grouping the better, they never wanted us, just our our money. Even taking into account the rebate, the UK is one of the largest net contributors to the EU budget. Had it not been for the rebate, its net contribution would have been even bigger than Germany's in 2007 and all the years since we joined.  Note that the French actually pay far less than the UK or even the Netherlands in 'Net' terms.

Just for the record:

Who pays the piper should call the tune
Who pays the piper should call the tune

We are still the second highest net contributors to EU coffers, but its the Germans and French who call the tune .... time to end this farce.

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