Thursday, 24 August 2017

Adults in the room


Subject: Adults in the room

The more I read of the clandestine interference of the ECB, dictated by Wolfgang Shauble towards, in this case the Greeks but equally the Irish, the Italians, the Spanish in fact any National group who by belonging to the EU have forfeited their right to work in their "own" interest for the sake of the German hegemony, the more I am glad we chose to break our ties with this authoritarian cabal.
The economic ramifications, like our decision to go to war against Hitler's Germany which had enormous cost implications but also, implicit in the Churchillian phrases which spoke of freedom and integrity, we have to do it.
History describes a nation, warts and all and we certainly have many warts but our historical instinct for fair play and understanding the underdog, has set us apart.
In 1939 all the political and financial arguments were against our supporting nations with which we had treatise, especially against the might of German armament. We could have sorted out some sort of collaboration with Germany to buy us time. It's was unlikely, with the Western Front won and the Eastern Front opening up that Hitler would have invaded this island at that moment. But we chose to honour our commitment and so brought the weight of German might down on our heads.
Today the strength and behind the scenes brutality in dealing with the weaker nations in the EU is never really dealt with, except in the case of Greece. The blow by blow account in Yanis Varoufakis' new book, "Adults in the room, my battle with Europe's Deep Establishment" should be compulsory for anyone wishing to know the hidden makeup of this unaccountable monster the European Union.
Even accepting the EUs positive overview of rights and legislation which has brought some harmony and justice there is still the deep seated motivation of power, mostly in the provision of the growth of the German economy potentially feeding into over 550 million consumers. The efficiency of 'German Business Machine' and the strictures and influence of the Bundesbank over the EU Commission makes the client state just that, a client of Germany and irrespective of the initial damage or the reassessment of Britain's place in the global society, it is not a price too dear if we can disentangle and not be drawn ever deeper into the tangled web of political protectionism and cronyism which is the European Union of today.

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