Brexit is a great thing no matter what those experts on the left and right and in between are telling us. The entire political establishment is furious over the British vote against a unifying of Europe which eventually was to surrender to a unified world order. But that was not the reason the European Union was originally founded and nobody wants to talk about the real reasons behind the European Union (EU).
To figure out the real reasoning that formed the EU one needs to go back to the original concept and who were the nations pushing the hardest for an EU and who originally opposed it. The origins of the EU were formed and fashioned between Paris and Berlin, the two main engines to fuel the original EU. Britain was the original opposition and this was to be expected. What the EU was to be was the manner for Germany to finally conquer all of Europe this time instead of militarily to simply take over economically. The Euro was and remains most closely aligned with the German economy. It has little if anything to do with the more agrarian economies and was completely ignored until it became so dire that nobody could endure it any longer as the economic collapses of Spain and Greece and the near collapse of Italy and others signaled the depth the problem had reached. The EU did not take into its planning to any degree the needs of the former Soviet bloc Warsaw Pact nations when they entered the EU in near desperate need of massive infusions of funds to rebuild an infrastructure which was crumbling. Eventually some funding was made available and it was impressed as to how much Germany was sacrificing on their behalf. The assistance to Greece was another expression of German sacrifice and investment. Everything in the EU revolves around German economic power and its influence.
The EU really should have been named the Franco-Germanic Economic Empire. This has proven to be the preferred actions for the economic regulators in Brussels which ruled autocratically and approved actions unconscionable by any elected body elsewhere in the world. They overturned laws passed by elected parliaments and approved by the people but opposed by the controllers of this unelected hive mind of bureaucrats who decided they knew what was best more than the elected officials of member governments. The EU controlled trade relations and refused to allow member nations to make any trade deals or negotiate for mutual tariff relief with nations outside the EU. One example which will soon become very evident is now Britain will soon make deals with China, India, Brazil and others where they arrange to conduct free trade agreements, something Britain was barred from doing as a member of the EU because that would not be fair to other nations in the EU. This begs the question of why there was never an effort to have a free trade agreement between China and the EU. The reason is that Germany desired to have the advantage of free trade while blocking any competing nation entry into the German trade block which members of the EU were forced into by the bureaucrats who knew who paid their salaries and supported the main functions of the EU and would do anything and everything demanded to protect German trade relations and to increase the German trade advantage in Europe. With the Euro pegged to the German economy it further gave an advantage to German goods and services as the money used for trade was pegged to their goods and others who may have not quite matched German production paid the price.
It is kind of interesting that the EU headquarters was a stone’s throw from both Paris and Berlin, sitting in Brussels, Belgium which is sandwiched between Germany and France and has a history with both. That most nations in the EU were fully vested was in a manner their surrender to the economic drivers of the EU. The fact that the British also were a powerful economic nation, that their acceptance of the EU was conditional, and they kept their currency, the Pound Sterling, independent from the Euro and always available should things turn badly for the EU and Euro crash in value, Britain could fall back on their natural currency to continue to trade and deal with the rest of the world. That fall back will facilitate their departure making it all the easier. Still there are a number of hurdles which could still prevent Brexit from becoming a reality despite the vote by the people. The entire idea could still be presented to the parliament and they could decide that remaining in the EU is the wiser course and the Prime Minister, either Cameron or whoever replaces him after the elections could agree with the Parliament and that would be the end of Brexit so to speak. There is an even bet that the leaving of the EU could be brought before the Parliament as there are many politicians willing to oppose the popular vote and risk their, or enhance depending on their region and its electorate, seat in the coming elections.
Pound Sterling
One can bet that the many areas of Britain will vote their next election along the line of for or against Brexit and that Brexit will be the defining item in the minds of the people. The representatives of the London area and other major metropolises where the voters favored remaining in the EU will elect their parliament members accordingly. The more rural and suburban areas, where the people are somewhat more self-reliant, will vote for representatives who support independence from the EU, as they voted quite overwhelmingly, to the great surprise of almost every pollster and many of those predicting the failure of the Brexit proposition, to politely depart the EU. We are glad we supported Brexit for our British friends as we almost always will fall on the side of independence from bureaucratic dictatorial bodies, a.k.a. the European Union. Our best wishes to the British and we hope that others find their way clear of the overreaching arms of the Brussels Bureaucracy. Perhaps Brussels Bureaucracy, or the Double B, should have been the proper name for the EU as BB is even more simple an abbreviation and rolls off the tongue so much easier. Try it, BB or EU, EU sounds too close to something yucky, you know, ‘ew’ as an expression to an awful smell, rhymes with PU. Britain will hopefully be back dependent solely on the Pound Sterling and will soon arrange free trade with the China, Brazil, India and even United States, after President Obama exits office as he does not particularly like Britain as proven when he discarded the bust of Winston Churchill back to Britain as President Obama believes that the man who saved the world from Hitler was a despicable human being. If the British are seeking an honored place for that particular sculpture, we would love to give it a place of honor and show it off to our many British friends here in our little corner of the world. E-mail us if you are interested as we would be honored to have such a prized possession. To be able to say that we are hosting the bust of Winston Churchill that President Obama so ingloriously returned to Britain as a slap in the face and insult would make us prouder than a peacock in full plumage.
Beyond the Cusp
Beyond the Cusp 