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by **Kenny Kan** » Wed Nov 09, 2011 8:02 am

Britain will be unable to block a plethora of new laws even it if it joins together with other countries not in the eurozone - risking severe damage, in particular, to the City of London.

Damage to London's financial sector which if I'm not mistaken is the biggest in Europe. Which will possibly allow, or see Frankfurt take control and dictate the financial services
market.

http://www.telegraph.co.uk/news....us.html

Tensions rose between Britain and Germany over the refusal of Chancellor Angela Merkel, at last week's G20 summit in Cannes, to let the European Central Bank play more of a role in shoring up the eurozone. At the same summit Nicholas Sarkozy, the French President, snapped at a BBC reporter: "You come from an island, so maybe you don't understand the subtleties of European construction."

Seems autocracy is prevalent in Europe, not democracy. See Greece as the prime example for this, no referendum held. And many Greeks are parading Germans as Nazi dictators forcing them into slavery, its reopening old wounds. The Germans need to recognise that the necessary Austerity Programme to be imposed on the Greeks needs to have the acceptance of the people.

Britain can thank Mr G.Brown arguably the worst PM in recent history if Britain does become an vassel state. His signing of the Lisbon treaty "greatly expanded the number of EU decisions which could be taken by Qualified Majority Voting (QMV) so that individual member states could not veto them."

Europe's democratic deficit grows wider by the day

The Eurocracy's contempt for the nation-states it governs is growing ever more flagrant.

By Janet Daley

9:00PM GMT 05 Nov 2011

...

Benjamin Franklin once said: “People willing to trade their freedom for temporary security deserve neither and will lose both.” In the present case, you have to insert the word “economic” in front of security, but the lesson still holds. If you lose the right to choose who governs you – or allow some greater authority to determine the limits of their power – what recourse do you have when the promises are broken and “security” becomes a prison?

For full text link: http://www.telegraph.co.uk/news....ay.html

Britain should stay well away from the euro zone it's been nothing but a geo-political mess from day dot.

That said,

Britain would be in s.hit if it left the EU
It would be in s.hit if it stayed out the Euro-zone
It would be in s.hit if it joined the Euro-zone

So Briton's, which s.hit would you prefer?

by **metalhead** » Wed Nov 09, 2011 12:38 pm

so better to stay in the eurozone? I read that most britons would want to get out of it

by **Boocity** » Wed Nov 09, 2011 12:53 pm

metalhead wrote:so better to stay in the eurozone? I read that most britons would want to get out of it

If there was a referendum tomorrow, the majority would want to pull out.

The original idea of the EEC (european economic comunity) was a good one but its just ballooning into an autocratic state. Its run by faceless unelected beaurocrats and is rife with corruption.

Don't know how the UK would be in the sh!t if it opted out, what would happen? Norway and Switzerland manage fine without being members.

by **RedSi35** » Wed Nov 09, 2011 1:21 pm

EEC and FIFA.................so many similarites

Ran by :censored:

wits

by **Kenny Kan** » Wed Nov 09, 2011 1:22 pm

Boocity wrote:
metalhead wrote:so better to stay in the eurozone? I read that most britons would want to get out of it

If there was a referendum tomorrow, the majority would want to pull out.

The original idea of the EEC (european economic comunity) was a good one but its just ballooning into an autocratic state. Its run by faceless unelected beaurocrats and is rife with corruption.

Don't know how the UK would be in the sh!t if it opted out, what would happen? Norway and Switzerland manage fine without being members.

The EU wouldn't like the fact that Britain (if it did) opted to bow out and would make life hard by placing fiscal and trading hurdles (crippling tariffs) in the way of exports to Europe. It would be difficult, make no bones about it but this way would probably be the less painful way for Britain to reassert itself again. IMO of course.

MH, The British (generally speaking) are the most Euro-skeptic of all nations. Yet, from what we're seeing they were bang on the money to be, IMO, they've been proven right.

by **Kenny Kan** » Wed Nov 09, 2011 2:41 pm

Why can’t we be like Norway?

Amidst dire threats of three line whips, potential resignations, and cries of “Britain out,” the Tories will get to debate their favourite topic in Westminster next week. Like moths to a flame, Conservative MPs seem unable to keep away from arguments about Europe, an issue which has been a source of huge divisions amongst right wingers for thirty years.

I have little doubt that, somewhere in the debate, we will hear the hoary old question; “Why can’t we be like Norway?” Able to go their own way, not beholden to the Brussels bureaucrats, not subject to all that red tape, surely Norway is the answer?

Well, because it’s not quite as simple as that.

This week in Brussels, I actually had a meeting with representatives of the Norwegian government (Labour by the way, so maybe the Tories don’t want to be exactly like Norway). They weren’t there to offer me political asylum from the austerity measures of our Coalition government, or indeed to discuss the Nobel Peace prize.

They actually wanted my help in changing two pieces of EU legislation; the tobacco products and audio visual directives.

Their specific concerns need not detain us here. But why would Norway – a country outside the EU – be worried about EU law?

Quite simply because, as a member of the European Economic Area, which has favoured trading status with the EU, Norway has to conform to EU laws.

I’ve heard it referred to as “government by fax.”, though I’m sure there is a modern internet based equivalent. It means receiving new laws in government offices in Oslo without the opportunity, or indeed the power, to influence the content of the laws emanating from Brussels. The European Union goes through its lengthy and considered democratic process involving all 27 member states and their European MPs, leading to the eventual consensus agreement. Meanwhile Norway has no say in any of this but has to do what the law says!

So to the Tory MPs who even now are planning their Commons speeches and preparing for their finest hour, a gentle word of advice. By all means argue that we should be like Norway – but at least recognise that it would mean having to put up with what the EU – without any input from the UK - would demand of us, assuming we wanted to trade with them.

And it would mean representatives of the British Government arranging meetings with French, German, Italian or Latvian MEPs to ask for their help. Perhaps not quite what the “Britain Out” fanatics are after!

http://gleniswillmott.blogspot.com/2011....ay.html

BRITAIN OUT

by **Boocity** » Thu Nov 10, 2011 6:25 am

That's just a Pro-Euro scare tactic, Britain does most of its trade with Europe and for most euro countries Britain is one of their biggest markets. I cannot see that being disrupted too much, however there are good sides to the EC, one is the European Economic Development Fund which pumps money into needed areas on an economic basis and not as a cynical votes winning ploy or the unbelievable Big Lottery Fund dishing out loads of cash to some weirdo minority group such as Bolivian Guinie Pig farms.

by **Kenny Kan** » Thu Nov 10, 2011 11:05 am

Britain can just sit back and watch now.

Investors ditch the eurozone amid Italian debt meltdown

Investor confidence in the eurozone collapsed on Wednesday, propelling Italy to the brink of a bail-out and pushing Spanish and French borrowing costs to record levels.

By Louise Armitstead, Chief business correspondenmt

10:13PM GMT 09 Nov 2011

...

Last night there were reports that Germany and France had started preparing for the imminent break-up of the eurozone. Senior Brussels officials told reporters that plans were being drawn up for a "smaller eurozone" consisting of "fewer members" who would push forward towards economic and fiscal union. The officials insisted this was not about a "two-speed" Europe that has been discussed in recent days but a radical re-drawing of the entire euro project.

Link: http://www.telegraph.co.uk/finance....wn.html

by **Boocity** » Thu Nov 10, 2011 12:47 pm

metalhead wrote:so better to stay in the eurozone? I read that most britons would want to get out of it

MH, have a look at this, read the comments section to see how much loved Europe is

http://news.sky.com/home/business/article/16107350

by **SouthCoastShankly** » Fri Nov 11, 2011 12:27 am

I read today that the Isle of Man has a AAA credit rating. Brilliant, the US is trumped by the Isle of Man!

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