Category Archives: UK Economy

BREXIT – OUR INDEPENDENT FUTURE

“Government of the people, by the people, for the people…” Abraham Lincoln, President of the USA.

Government of the British people, by the unelected Brussels people, for the Washington people – Barack Hussein Obama, President of the USA

We will create more wealth and more jobs by being outside the EU. We will be in control of our destiny. And control, I think is the most important thing in life and business” James Dyson, entrepreneur and inventor (Dyson is the No 1 brand leader in the German vacuum cleaner market)

As EU referendum day approaches, many voters are still undecided and feel there is little impartial information available to help them decide whether to vote Leave or Remain. With less than one week to go, the debate has come down to a few key issues and the Remain campaign sees our future as either keeping the status quo or “a leap in the dark”. The overview below provides an at-a-glance summary of the issues and factual commentary on them.

IMMIGRATION – The Remain camp is silent on immigration although 250,000 EU immigrants arrive here every year. David Cameron cannot explain how he reconciles his promise to cut immigration with his support of the EU’s freedom of movement zone. Mr.Cameron has committed himself to the acceleration of Turkey’s membership of the EU as well as visa-free access to the EU for all Turkish nationals from the end of June. Based on previous experience following the accession of new EU members, Britain can expect an influx of millions arriving in this country, the impact of which seems unimportant to Remain supporters

DEMOCRACY – Again, the Remain camp is silent on this fundamental issue. The stated objective of the EU (as per the Five Presidents Report) is ever closer union. The Universal Declaration of Human Rights states “The will of the people shall be the basis of the authority of government” but the government of the EU as a whole has never been submitted to the will of the people. For the euro to survive, its users must become one country with a single economic, fiscal and legal framework determined by its government in Brussels. The minority non-euro countries such as Britain will either have to abandon their currencies or be completely sidelined. “There can be no democratic choice against the European treaties” Jean-Claude Junker, EU Commission President. 

TRADE & JOBS – Remain states that EU membership means a stronger economy with 3 million jobs linked to our trade with the EU and this would be put at risk if we vote Leave. But why should it? The free market, cosmopolitan, pro-globalisation economic case for leaving is stronger than ever. Research shows that nearly 70% of small and medium sized businesses feel that the EU is a hindrance rather than a help. The Adam Smith institute says “leaving would be a journey, not a big bang. In the short term a Brexit would almost certainly mean the UK remaining in the European Economic Area (EEA), like Norway.”  Over a subsequent period, the UK would negotiate a more appropriate British free trade agreement. Britain imports nearly £300 billion of goods and services from Europe each year therefore it is imperative for Europe to reach a satisfactory trade deal with the UK to safeguard millions of mainland Europe jobs. It can be argued that in fact, the EU as a free trade entity is passed its sell-by date as global traders can operate under the auspices of the World Trade Organisation, the ILO (labour regs),the UN (standards) and the WHO (health).

SAFER – Remain claims that the UK is safer by being a member of the EU, essentially because of the existence of the European Arrest Warrant (which can be used to deport people) and because there’s strength in numbers. The evidence on the ground confirms the opposite is the case. “The greatest threat to our social stability at the moment is the fact that we have weakened our border controls at a time when they should have been strengthened. As a result, much more serious organised crime, controlled from abroad, is operating in the UK. And as the EU increases its membership, the situation can only worsen.” Anthony Stansfield, Thames Valley Police and Crime Commissioner. The EU is also intent on forming its own army and foreign policy (as declared in Article 42 of the Lisbon Treaty). Nato is the most successful military alliance in history because of the deterrent effect of US membership but the EU is planning to revert to the uncertainties of the pre-Nato era; look no further than the Ukraine situation. “If the Euro-oligarchs get their way, sooner or later we shall find we no longer have the freedom to deploy our Armed Forces as we choose” Major General Julian Thompson, Royal Marines.

As 23rd June Referendum Day approaches, it becomes increasingly clear that the status quo is not an option. The EU is facing an ongoing economic and social crisis and is desperate to accelerate it total political integration agenda. The disastrous misgovernment of the eurozone has resulted in a huge economic downturn which shows no signs of ending. Southern Europe and Italy in particular are on the verge of social and financial meltdown which will necessitate further gigantic bailout contributions from all the northern EU membership. No-one can predict the future, so how best to deal with the inevitable uncertainties of our ongoing relationship with the EU and protect the interests of the British people? Is it to remain in the EU and let Brussels carry on with its United States of Europe mission, its political experiment aimed at creating an empire whilst ignoring the destructive consequences of its actions? Or is it to vote Leave and return self government to Britain thereby saving the British people billions of pounds which can be used to to focus on what’s best for the future of Britain? Brexit is not a leap in the dark, it’s a logical and necessary step for Britain to realise its full potential in the global economy – VOTE LEAVE for a bright future.

Way out leave

 

 

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EU REFERENDUM -“Leave” or forget democracy

“Within a decade it [the European Union] will have morphed into a gigantic eurozone political union made up of perhaps 25 countries – and four much smaller non-euro members. The eurozone political union will set the rules and the rest of us will have to agree” Andrew Lilico, Senior Economics Correspondent, Daily Telegraph.

The  EU referendum date has now been set for the 23rd of June and the people of the United Kingdom will be asked this question: “Should the United Kingdom REMAIN a member of the European Union or LEAVE the European Union?”

In the forthcoming months the UK electorate will be bombarded with irrelevant scaremongering by the Prime Minister’s supporters and the European Union leadership (of which there’s many presidents, commissioners, MEPs and an army of very well paid support staff – none of whom want to lose the massive income stream from the UK). There will also be a huge amount of groundless  negative propaganda from misguided multinationals – especially companies that have lucrative business links with EU member governments and the European Commission. This will be pretty much the same crew that insisted  we should jettison sterling and adopt the euro in order to survive.

The campaign has just started – the prophesies on the impact of the UK leaving will be dire from the “remain” camp but the British tradition of tolerance and fair play has been pushed to the limit and as the fifth largest economy in the world it’s time for us to exit and to let the United States of Europe proceed towards its stated goal of non-elected government from Brussels. The United Kingdom moving forward as an independent democracy and global trader has to be a vote and referendum winner.

LABOUR/SNP WIN – THE WHOLE OF THE UK LOSES

“If you put a Labour/SNP government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand”   UK version of Milton Friedman’s famous observation.

“History reminds us over and over again, there is no new way to go broke. It is always too much debt. My conclusion is we are either slow learners or have long term memory issues”   Vern Gowdie

There is no doubt that Ed Miliband will team up with Nicola Sturgeon of the Scottish National Party (SNP) in order to regain control of the UK and complete the disastrous job he started with Gordon Brown and Tony Blair. A quick comparison of Labour and SNP policies clearly shows how a SNP dominated labour government would work.

ECONOMIC POLICY

Labour – no additional borrowing or new spending.  SNP – increase spending.  Lab/SNP Government – increased spending, increased borrowing, inevitable financial crisis.

IMMIGRATION

Labour – more border control staff.  SNP – support immigration that benefits Scotland.   Lab/SNP Government – increased immigration and increased social and infrastructure problems.

TAXATION

Labour – increase income tax and tax on high value properties plus encourage financially independent foreign nationals to leave the UK with increased “non-dom” taxation.   SNP – ditto. Lab/SNP Government – higher taxation, increased unemployment, exodus of high value contributors to the nation’s finances.

DEFENCE

Labour – a “minimum, credible, independent nuclear deterrent”.  SNP – oppose a renewal of the nuclear deterrent and require a larger proportion of defence procurement to be spent in Scotland. Lab/SNP Government – zero action on upgrading or maintaining the UK’s defences in an increasingly hostile world.

THE CONSTITUTION

Labour – a “Home Rule Bill for Scotland”.  SNP – Independence for Scotland.  Lab/SNP Government – break up of the UK.

Greece like Britain is a beautiful country. However, pursuing policies akin to those advocated by Labour/SNP has left Greece in ruins. A Labour/SNP government will bring  financial ruin to this country and will be a vote winner for the end of the United Kingdom.

LABOUR’S ONE NATION – IT’S HOLLANDE’S FRANCE

“Every election is a sort of advance sale of stolen goods” H.L.Mencken

“However beautiful the strategy, you should occasionally look at the results” Winston Churchill

Labour’s key economic thinking, as advocated by Messrs. Miliband and Balls bears a striking resemblance to the policies of France’s socialist president, Francois Hollande. The president came to power in 2012 with a programme for more regulation, increased public spending, punitive taxation and a worrying disregard of the growing budget deficit.

These policies are now widely blamed for France’s woeful growth performance, the rapid worsening of public finances, unemployment rising above 10 per cent and a serious increase in social and racial tension. “This president’s policies have been terrible for French growth” (Robin Riverton, adviser to Aeroports de Paris) and Hollande’s approval rating has sunk to 13 per cent, the lowest for any president in more than five decades.

Labour’s high public spending, high borrowing and high taxation plans coupled with the unquestioning adoption of increased regulation (from Brussels and Westminster) are virtually identical to President Hollande’s. And the consequences will be the same. The successful recovery of the UK economy will stop in its tracks, unemployment will grow rapidly, public finances will deteriorate, foreign investment will halt, talented entrepreneurs will emigrate (as happened in France) and no doubt the future economic and social agenda of the UK will then be determined by the EU and the International Monetary Fund.

Adopting the catastrophic policies inflicted on France by President Hollande and now advocated by Ed Miliband is definitely not a vote winner for common sense.

FOREIGN AID – GIVE NOW…PAY LATER

“There’s still a long way to go. We’re borrowing £100 billion a year – and paying half that money a year in interest just to service our debts. We’ve got to make more cuts” George Osborne, Chancellor of the Exchequer.

The government is adamant that its intention to continue spending around £12 billion a year on foreign aid is justified. David Cameron says “to those who are sceptical, I would say it is not only a moral obligation that the better-off countries have to tackle poverty in our world … but it’s also in our interests that we build a more prosperous world”. John Howell, Tory MP for Henley reckons in a newsletter, “international development is in our national interest and is both the right thing and the smart thing to do … by investing in jobs, opportunities and peace we have moved one step closer to ending aid dependency and creating the world we strive for”.

All highly laudable but hard to reconcile with the experience to-date. Over the last fifty years, the west has “invested” well over a thousand billion dollars in Africa for example, but from various accounts the bulk of its nations are now in a worse financial state (measured in terms of GDP per capita). In fact the counter view is that far from fulfilling its objectives, “aid is more likely to subvert good government, enrich corrupt tyrants and subsidise warlords” (Civitas reporting on Jonathan Foreman’s book: Aiding and Abetting).

However, the real issue is: should the UK be borrowing £12 billion plus a year for such largesse when the country’s structural deficit is so high? Does an ever mounting national debt make us “better-off” ? As recently announced by George Osborne, further public savings in the order of £25 billion need to be achieved by 2017/2018 with the bulk of this coming from further cuts to government departments and welfare. Well here is a good starting point for making those savings. And at a time of increasing geopolitical tension with the consequent serious threat to British security, some of this money would be much better employed in bolstering the armed forces and  security services.

“Those who support the increase of taxpayer-supported UK aid need to ask themselves how much of the well-being of the weakest and the most vulnerable people in the UK they are willing to sacrifice for that end.” Jonathan Foreman

The British people are amongst the most generous voluntary donors to charity in the world. Making compulsory donations from borrowed money to finance overseas projects of uncertain benefit to either the intended beneficiaries or UK interests is definitely not a vote winner.

DANIEL HANNAN – The Voice of Common Sense

“The most dangerous man, to any government, is the man who is able to think things out for himself…”  H.L.Mencken

Through all the fog of mainstream media bias and anti free choice/low tax propaganda, there is an outstanding beacon for common sense. It’s Daniel Hannan MEP. When commenting via blogs, public appearances, journalism and in his role as a Member of the European Parliament, he consistently articulates the views of the UK’s silent majority.

Recent postings, articles and speeches have covered a diverse range of live topics including the adverse impact of higher taxation on the cost of living, the demise of the Lib Dems, devolution and inevitably, a brilliant focus on European Union issues. His completely logical shopping list for David Cameron’s renegotiation of the UK’s relationship with the EU is compulsive reading for anyone wanting a better future for this country.

For open-minded people seeking a common sense uplift during these days of depressing opinion polls indicating that Miliband’s wrecking crew are soon to regain power, go to        Daniel Hannan – the voice of a vote winner.