Tag Archives: British 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

 

 

Advertisements

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 AND THE ECONOMY – IT’S A WORRY

“We used to think you could spend your way out of recession and increase employment by boosting government spending. I can tell you that option no longer exists. And so far as it ever did exist, it only worked on each occasion by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.”  Jim Callaghan – Labour Prime Minister 1976-1979

Yes, these are the words of a Labour Prime Minister but the party and a large section of the media don’t seem to rate Jim Callaghan’s words of wisdom. In fact if the recent track record of the Labour Party is taken as a benchmark, it doesn’t bode well for a future Miliband/Balls government’s impact on the British economy, living standards and mandatory austerity.

1964-1970 Harold Wilson’s Labour government – Sterling collapses, International Monetary Fund called in – pre-election promises jettisoned and emergency austerity measures inflicted on the electorate.

1974-1979 Wilson then Jim Callaghan’s Labour government – Treasury predicts black hole in public finances, International Monetary Fund called in – pre-election promises jettisoned and emergency austerity measures inflicted on the electorate.

1997-2010 Blair and Brown Labour government – after announcing “no more boom and bust”, the government went on to cripple the country’s finances and to create a record breaking budget deficit (comment from the departing Treasury Secretary after Labour lost the election – “I’m afraid to tell you there’s no money left”), followed by, you guessed it, more austerity measures.

On recent form, it looks like a general election win by labour would be a vote winner for austerity.