BREXIT - Another shocking day in the disney parliament

Headlines Today!


Not since Anthony Eden has the UK looked so pathetic. He made us look weak to the world. Mrs May has made us feel weak to ourselves.

Telegraph:

• Nigel Farage - "The Brexit Betrayal is nearly complete".
• Philip Johnston - "A delay to article 50 could mean we will never break free".
• Allison Pearson - "Corbyn is committed to a second referendum that he better hope never happens".
• Pritti Patel and Grant Schapps - "Extending Article 50 is just overturning Brexit the people voted for".
• Tears of rage from kamikaze Remainers inside the Cabinet.

We could now be at the beginning of the end. Realisation appeared that shows Brexit could indeed be thwarted, this must not happen for all the reasons stated in my earlier posts. Our growth is better than the eurozone. But, it's not as good as the countries outside of the EU regulations. Our exports to the EU are shrinking whilst WTO countries are increasing. The EU applies high tariffs, as much as 50% on some food products, this we the consumer have to bear.

Twenty Eurosceptic MPs voted against the government, on the government's Bill enshrining Yvette Coopers amendment, delaying Brexit.  Eighty eight abstained.  Comments were discussed on how easy Mrs May buckled.  At least that's progress but it should never have passed and nor should it have been tabled, if the MPs were doing their constituents bidding. Yvette Cooper’s 70% voted leave, but my guess she and her husband Ed Balls were remainers, at least she is loyal to her house. The rest of her constituents just have to pay her to be all Baroness like. How history repeats itself, King John and his extravagant wars, together with the Barons raided the poor with taxes. That was after the magna carta was signed in 1215, as before they were the focus of the taxes. The Magna Carta was signed as the Barons threatened to kill King John. I wonder what the penalty is for not abiding by the Manifesto promises.

Never before have parliamentary parties been so exposed for their duplicity than they are today. I'm not sure that I have ever seen such examples of self interest, nor such extreme sabotage of ones career as we are seeing playing out today.

The UK people historically have always rallied around each other in times of adversity.  Leaders have always emerged pulling us from the mire. We can pray that such a person will emerge again, but, it will take an election.

Not since Anthony Eden has the UK looked so pathetic. He made us look weak to the world.  Mrs May has made us feel weak to ourselves.

Jacob Rees-Mogg has said he will back May's deal, purely because he believes Brexit will be stopped by the devious undemocratic elite.  For me that's simple call an election. Let's get a group of honest MPs who support the views of their electorate.

Another shocking day in the Disney Parliament!

Headlines Today!


Not since Anthony Eden has the UK looked so pathetic. He made us look weak to the world. Mrs May has made us feel weak to ourselves.

Telegraph:

• Nigel Farage - "The Brexit Betrayal is nearly complete".
• Philip Johnston - "A delay to article 50 could mean we will never break free".
• Allison Pearson - "Corbyn is committed to a second referendum that he better hope never happens".
• Pritti Patel and Grant Schapps - "Extending Article 50 is just overturning Brexit the people voted for".
• Tears of rage from kamikaze Remainers inside the Cabinet.

We could now be at the beginning of the end. Realisation appeared that shows Brexit could indeed be thwarted, this must not happen for all the reasons stated in my earlier posts. Our growth is better than the eurozone. But, it's not as good as the countries outside of the EU regulations. Our exports to the EU are shrinking whilst WTO countries are increasing. The EU applies high tariffs, as much as 50% on some food products, this we the consumer have to bear.

Twenty Eurosceptic MPs voted against the government, on the government's Bill enshrining Yvette Coopers amendment, delaying Brexit.  Eighty eight abstained.  Comments were discussed on how easy Mrs May buckled.  At least that's progress but it should never have passed and nor should it have been tabled, if the MPs were doing their constituents bidding. Yvette Cooper’s 70% voted leave, but my guess she and her husband Ed Balls were remainers, at least she is loyal to her house. The rest of her constituents just have to pay her to be all Baroness like. How history repeats itself, King John and his extravagant wars, together with the Barons raided the poor with taxes. That was after the magna carta was signed in 1215, as before they were the focus of the taxes. The Magna Carta was signed as the Barons threatened to kill King John. I wonder what the penalty is for not abiding by the Manifesto promises.

Never before have parliamentary parties been so exposed for their duplicity than they are today. I'm not sure that I have ever seen such examples of self interest, nor such extreme sabotage of ones career as we are seeing playing out today.

The UK people historically have always rallied around each other in times of adversity.  Leaders have always emerged pulling us from the mire. We can pray that such a person will emerge again, but, it will take an election.

Not since Anthony Eden has the UK looked so pathetic. He made us look weak to the world.  Mrs May has made us feel weak to ourselves.

Jacob Rees-Mogg has said he will back May's deal, purely because he believes Brexit will be stopped by the devious undemocratic elite.  For me that's simple call an election. Let's get a group of honest MPs who support the views of their electorate.

Another shocking day in the Disney Parliament!

Reasons to be relaxed about leaving: The great Brexit Confusion

Are we where we think we are. Gloom and despair written everywhere. Why such fear?

Brexiteer hold their faith so dear. Deals are done sales are made

Money flows from these shore by billions more.

Economics prove Germans are in no mood to damage sales as it crosses the surf.

Imbalances exist, focus apparent embargoes considered, markets are at risk.

Why? Why? Sabotage sales for the folly of EU philosophy.

Ideology whilst required European wars have now almost expired....

Fascism a dragon for sure continues, fostered through policies within those shores.

Euro provides cover for the meds demise. Emergence of the right, chants that austerity is not right..

AFD takes a grip..... Italy spins a budget tale..... yellow vests emerge... while all the time Athens is purged.

Manufacturers from the North provide loans to the South. Cars bought with payment spared.

Money that's made forms a treasure trove not displayed...

Salaries are held imbalance are found. Retail sales are poor, even across the Northern shores...

Elites prevail, tomorrow they most certainly will fail.

Why? Why? Sabotage sales for the folly of EU philosophy.

Ideology whilst required European wars have now almost expired....

Fascism a dragon for sure continues, fostered through policies within those shores.

Euro provides cover for the meds demise. Emergence of the right, chants that austerity is not right..

AFD takes a grip..... Italy spins a budget tale..... yellow vests emerge... while all the time Athens is purged.

Be aware the Euro is in despair. Political union for sure! Giving rise to the Souths demise!

Euro debts reach new heights of absurdity. Austerity pains the young, They're in a serious plight.

Euro for sure will split making Lehman's look like a picnic.

Wave will be felt throughout the world no doubt.

How can this be the folly of such a currency?

Are we where we think we are. Gloom and despair written everywhere. Why such fear?

Brexiteer hold their faith so dear. Deals are done sales are made

Money flows from these shore by billions more.

Economics prove Germans are in no mood to damage sales as it crosses the surf.

Imbalances exist, focus apparent embargoes considered, markets are at risk.

Why? Why? Sabotage sales for the folly of EU philosophy.

Ideology whilst required European wars have now almost expired....

Fascism a dragon for sure continues, fostered through policies within those shores.

Euro provides cover for the meds demise. Emergence of the right, chants that austerity is not right..

AFD takes a grip..... Italy spins a budget tale..... yellow vests emerge... while all the time Athens is purged.

Manufacturers from the North provide loans to the South. Cars bought with payment spared.

Money that's made forms a treasure trove not displayed...

Salaries are held imbalance are found. Retail sales are poor, even across the Northern shores...

Elites prevail, tomorrow they most certainly will fail.

Why? Why? Sabotage sales for the folly of EU philosophy.

Ideology whilst required European wars have now almost expired....

Fascism a dragon for sure continues, fostered through policies within those shores.

Euro provides cover for the meds demise. Emergence of the right, chants that austerity is not right..

AFD takes a grip..... Italy spins a budget tale..... yellow vests emerge... while all the time Athens is purged.

Be aware the Euro is in despair. Political union for sure! Giving rise to the Souths demise!

Euro debts reach new heights of absurdity. Austerity pains the young, They're in a serious plight.

Euro for sure will split making Lehman's look like a picnic.

Wave will be felt throughout the world no doubt.

How can this be the folly of such a currency?

UK exports are not what they seem. The EU will trade.

As usual the day arrives and more ham fisted discussions which affect our lives in the most profound way. The EU and the UK would have a deal by now if we stopped negotiating with ourselves.

If this was a normal negotiation then you would be comfortable that you have your cards, you have all members of your team rooting for a good outcome for your side. Your negotiation is focused only against those that you are negotiating with.  Here we are! We are negotiating with ourselves and then guiding the other party on how to gain the best situation and to know our weaknesses.  Further more we have members of our side guiding the other side.

Let's be clear.

Germany as we do wants/needs to maintain close ties with the U.K and us with them for all the right reasons, security, intelligence, trade etc. They are rightly concern in regard to Trumps America.

The UK has a trade deficit with the EU of £91billion.  Furthermore, the UK exports to the EU have declined over the last 10years.

These are all solid reasons why the EU will continue to trade and continue close ties with the UK.

In regard to the bigger EU picture:

I believe unless there is structural change the EU will have serious issues going forward which will inhibit growth. But worse undermine the very principles on which it exists. The Euro needs to split. It needs to give the southern states greater autonomy to manage their exchange rates and foster growth.  In short give hope to the vast numbers of unemployed youth.

Two events in our history where we were encouraged to stay with a system that was harming us. A bit like cognitive behaviour therapy.

1. In 1931 almost unanimously we were encouraged to stay with the gold standard. That is all but Keynes who encouraged us to leave. In September 1931 we broke with that standard. There were many cries of disaster.  

Immediately we were able to drop interest rates and this ushered in the fastest economic growth in British history.

2. Another event was the joining of the ERM in 1992. Interest rates spiralled upwards. Unemployment rose sharply. On the face of it, it was easy to break the bank, not due to smart thinking, more because of the obvious political obsession of the EU project. The doom sayer predicted higher rates still and even higher unemployment. In reality the opposite was true.

The obsessive focus on the EU project will unwind it. Best we leave whilst we have a chance.

Indulge me the theme has moved to Economics:

1. There are a number of reports that show with no deal the economic boost could be as much as 4% to the UK post Brexit.  Some of these reports have been produced in Whitehall. Others by eminent economists such as Roger Bootle.

2. MPs are failing to back May’s deal, and they should not back it! March 29th will be fine.

3. The one I like the most “One day the house of cards will collapse” Professor Otmar Issing Chief Economist of the ECB and chastened prophet of the Euro project.

His comments encapsulate: For weeks I have written about this. A few days ago the Telegraph carried an article discussing this very point. How the Euro is killing democracy across Europe. It is severely stifling growth to the point of extinguishing the economies of several countries. Destroying hope for Millions of young people!

From 1970 to 1998 Germany's average growth was 2.2%. Post Euro it has averaged 1%. The same period 70 -98 the current account surplus 0.8% of GDP, since 4.6%

The US 1999 onwards 42% growth in GDP, UK 40% Germany only 18%..

Next you start to see that individual Germans have not benefited – Consumer expenditure through this period US 53%, UK 44% - Germany 18%. Whilst the benefits of the Euro have migrated to Germany it has gone to corporate Germany not to the man or women on the street.

German exports are up, there is no mistake but the profits have gone to the employers who have sat on their hands.  If this is not stark enough then look to wages growth Finland up 30%, France up 18% - Germany a modest 14%.

As usual the day arrives and more ham fisted discussions which affect our lives in the most profound way. The EU and the UK would have a deal by now if we stopped negotiating with ourselves.

If this was a normal negotiation then you would be comfortable that you have your cards, you have all members of your team rooting for a good outcome for your side. Your negotiation is focused only against those that you are negotiating with.  Here we are! We are negotiating with ourselves and then guiding the other party on how to gain the best situation and to know our weaknesses.  Further more we have members of our side guiding the other side.

Let's be clear.

Germany as we do wants/needs to maintain close ties with the U.K and us with them for all the right reasons, security, intelligence, trade etc. They are rightly concern in regard to Trumps America.

The UK has a trade deficit with the EU of £91billion.  Furthermore, the UK exports to the EU have declined over the last 10years.

These are all solid reasons why the EU will continue to trade and continue close ties with the UK.

In regard to the bigger EU picture:

I believe unless there is structural change the EU will have serious issues going forward which will inhibit growth. But worse undermine the very principles on which it exists. The Euro needs to split. It needs to give the southern states greater autonomy to manage their exchange rates and foster growth.  In short give hope to the vast numbers of unemployed youth.

Two events in our history where we were encouraged to stay with a system that was harming us. A bit like cognitive behaviour therapy.

1. In 1931 almost unanimously we were encouraged to stay with the gold standard. That is all but Keynes who encouraged us to leave. In September 1931 we broke with that standard. There were many cries of disaster.  

Immediately we were able to drop interest rates and this ushered in the fastest economic growth in British history.

2. Another event was the joining of the ERM in 1992. Interest rates spiralled upwards. Unemployment rose sharply. On the face of it, it was easy to break the bank, not due to smart thinking, more because of the obvious political obsession of the EU project. The doom sayer predicted higher rates still and even higher unemployment. In reality the opposite was true.

The obsessive focus on the EU project will unwind it. Best we leave whilst we have a chance.

Indulge me the theme has moved to Economics:

1. There are a number of reports that show with no deal the economic boost could be as much as 4% to the UK post Brexit.  Some of these reports have been produced in Whitehall. Others by eminent economists such as Roger Bootle.

2. MPs are failing to back May’s deal, and they should not back it! March 29th will be fine.

3. The one I like the most “One day the house of cards will collapse” Professor Otmar Issing Chief Economist of the ECB and chastened prophet of the Euro project.

His comments encapsulate: For weeks I have written about this. A few days ago the Telegraph carried an article discussing this very point. How the Euro is killing democracy across Europe. It is severely stifling growth to the point of extinguishing the economies of several countries. Destroying hope for Millions of young people!

From 1970 to 1998 Germany's average growth was 2.2%. Post Euro it has averaged 1%. The same period 70 -98 the current account surplus 0.8% of GDP, since 4.6%

The US 1999 onwards 42% growth in GDP, UK 40% Germany only 18%..

Next you start to see that individual Germans have not benefited – Consumer expenditure through this period US 53%, UK 44% - Germany 18%. Whilst the benefits of the Euro have migrated to Germany it has gone to corporate Germany not to the man or women on the street.

German exports are up, there is no mistake but the profits have gone to the employers who have sat on their hands.  If this is not stark enough then look to wages growth Finland up 30%, France up 18% - Germany a modest 14%.

Trade Imbalances Favour The Brexiteer

I posted this several weeks ago it looks quite topical today.

Germany wants to maintain close ties with the U.K. for all the right reasons, security, intelligence, trade etc. They are rightly concerned in regard to Trump's America.

The UK has a trade deficit with the EU of £91billion, the UK exports to the EU have declined over the last 10years.

These are all solid reasons why the EU will continue to trade and continue close ties with the UK.

I believe unless there is structural change the EU will have serious issues going forward which will inhibit growth. But worse undermine the very principles on which it exists. The Euro needs to split. It needs to give the southern states greater autonomy to manage their own exchange rates and foster growth.  In short give hope to the vast numbers of unemployed youth.

Two events in our history where we were encouraged to stay with a system that was harming us. A little like cognitive behaviour therapy. In 1931, almost unanimously our MPs, economists experts we were encouraged to stay with the gold standard. That is all but Keynes who encouraged us to leave. In September 1931 we broke with that standard. There were huge cries of disaster. Immediately we were able to drop interest rates and this ushered in the fastest economic growth of British history.

Another event was the joining of the ERM in 1992. Interest rates spiralled upwards. Unemployment rose sharply. So on the face of it, it was easy to break the bank not due to smart thinking, more because of the obvious political obsession of the EU project. The doom sayer predicted higher rates still and even higher unemployment. In reality the opposite was true.

The obsessive focus on the EU project will unwind it. Best we leave whilst we have a chance.

I posted this several weeks ago it looks quite topical today.

Germany wants to maintain close ties with the U.K. for all the right reasons, security, intelligence, trade etc. They are rightly concerned in regard to Trump's America.

The UK has a trade deficit with the EU of £91billion, the UK exports to the EU have declined over the last 10years.

These are all solid reasons why the EU will continue to trade and continue close ties with the UK.

I believe unless there is structural change the EU will have serious issues going forward which will inhibit growth. But worse undermine the very principles on which it exists. The Euro needs to split. It needs to give the southern states greater autonomy to manage their own exchange rates and foster growth.  In short give hope to the vast numbers of unemployed youth.

Two events in our history where we were encouraged to stay with a system that was harming us. A little like cognitive behaviour therapy. In 1931, almost unanimously our MPs, economists experts we were encouraged to stay with the gold standard. That is all but Keynes who encouraged us to leave. In September 1931 we broke with that standard. There were huge cries of disaster. Immediately we were able to drop interest rates and this ushered in the fastest economic growth of British history.

Another event was the joining of the ERM in 1992. Interest rates spiralled upwards. Unemployment rose sharply. So on the face of it, it was easy to break the bank not due to smart thinking, more because of the obvious political obsession of the EU project. The doom sayer predicted higher rates still and even higher unemployment. In reality the opposite was true.

The obsessive focus on the EU project will unwind it. Best we leave whilst we have a chance.