Parallels between U.S. Conservatives and U.K. Conservatives will stun you when you read the details of Britain’s threat to leave the E.U.
The Tory Chancellor of the Exchequer, George Osborne, will speak to a conference organized by the (think tank) Fresh Start group, which is comprised of MPs who are skeptical of the E.U., and who demand an overhaul of the E.U.’s structure to stem the “ongoing economic crisis”. E.U. politicians will be in the audience.
The Tories are threatening to pull Britain out of the E.U. if the demands are not met.
The E.U. flag with a minor alteration
This comes after more than 90 Conservative MPs signed a letter calling for David Cameron to insist on Britain having the power to veto any E.U. laws deemed unacceptable to Britain. The conservatives want to be able to give a ‘red card’ to E.U. proposals and existing laws and limit the right to freedom of movement across the Continent,
Among the reforms Osborne will ask for are changes in voting rules so that the 18 member countries that use the Euro as currency won’t be able to outvote the 10 member countries that do not. Britain retained their own currency when they joined the E.U.
The liberals are calling the conservatives suicidal, regressive, racist and they are labeling Cameron as Neville Chamberlain for ceding to the demands of those they call Euroskeptics.
The United Kingdom is threatening to put membership in the E.U. up for a public vote by 2017, at least the Conservative Tories are. They have allies in the UK’s Independent Party who are growing dissatisfied with economic conditions.
The Tories, the party of Margaret Thatcher, are under threat of losing MP’s in the next election and are being reminded of what their principles are. [Sound familiar?]
The liberal-left in Britain is calling the Tories the party of the rich, regressive, narrow and racist. [Sound familiar?]
PM Cameron is the less-conservative Tory who formed a coalition government when he first came to power because he didn’t have the votes to do otherwise.
Mr. Osborne’s speech will say that the E.U. must do much more to support business and create jobs and spend less on welfare. Mr. Osborne will say that in the last six years, their economy has stalled while India has grown by a third and China by half. Over the next 15 years, Europe’s share of the global economy will halve, he will suggest. [The same exact thing is happening in the U.S.]
The points he will make:
Welfare spending is too high: Europe accounts for just over 7 per cent of the world’s population, 25 per cent of its economy, and 50 per cent of social welfare spending;
Job creation is too low: across the E.U., a quarter of young people looking for work cannot find a job;
Companies are not free to innovate: Europe’s share of world patent applications nearly halved in the past decade.
Mr. Osborne will say:
“Make no mistake, our continent is falling behind. Look at innovation, where Europe’s share of world patent applications nearly halved in the last decade. Look at unemployment, where a quarter of young people looking for work can’t find it. Look at welfare.”
“As Angela Merkel has pointed out, Europe accounts for just over 7 percent of the world’s population, 25 percent of its economy, and 50 percent of global social welfare spending. We can’t go on like this.”
“The biggest economic risk facing Europe doesn’t come from those who want reform and renegotiation – it comes from a failure to reform and renegotiate,” he will say.
“It is the status quo which condemns the people of Europe to an ongoing economic crisis and continuing decline.
“And so there is a simple choice for Europe: reform or decline. Our determination is clear: to deliver the reform, and then let the people decide.”
The conservatives are pressing for:
incorporation into the EU’s fabric acceptance of the principle that ever closer union is no longer relevant or necessary
the creation of a permanent means by which a group of Member States’ Governments can reject EU proposals or existing laws which undermine their interests or are no longer necessary
far-reaching reinforcement of the Single Market, particularly in services, which is a British strength
strengthening of accountability between voters and those who represent them at European level
strong commitment to improving the performance of the EU through scrapping EU quangos, agreeing severe penalties for fraud and error in EU budgets and committing to a full review of how taxpayers’ money is used by the EU
elimination of the unintended consequences of the Free Movement legislation.
Foreign Secretary William Hague yesterday dismissed the idea of leaving the E.U., saying it would undermine the single market and make even a Swiss or Norwegian-style trading relationship with the EU impossible.
But he suggested the Government is ready to back the idea of allowing a bloc of ten or fewer EU states to veto unwelcome laws in the renegotiation talks promised by Mr Cameron to claw back powers before an ‘in/out’ referendum on membership.
The head of Fresh Start wants amendments to Free Movement legislation, which allows all EU citizens to move to other countries and work and settle there. She wants to eliminate the “unintended consequences.” There are unsustainable levels of immigration, she says.
Ministers are backing the idea that the right of citizens of new member states to migrate elsewhere should be blocked until average incomes reach a certain point.
Britain is under threat of losing its identity and sovereignty with an influx of foreigners, some who don’t have Britain’s best interests at heart.
Nick Clegg, the Deputy Prime Minister, has referred to the strategy of his Coalition partners as “economic suicide”. Business leaders are divided. Fiona Woolf, the liberal Lord Mayor of London told Bloomberg News Tuesday that the threat to leave the E.U. has left the “sword of Damocles” over the City of London and the financial industry in Britain.
Ford Motor Company said they will reassess their presence in the UK and Goldman Sachs said they will probably leave Britain if they leave the E.U.
Michael Sherwood, co-chief executive of Goldman Sachs International, said: “In all likelihood we would transfer a substantial part of our European business from London to a eurozone location – the most obvious contenders being Paris and Frankfurt.”
Mr. Obama is strongly opposed. He would be since he is a lover of all things centralized in Big Government and has little regard for sovereignty and borders. His opposition could be affecting these companies.
Last May, in Atlas Shrugs, Pamela Geller warned of Obama’s economic blackmail against Britain if they attempted to leave the E.U. Obama said he would cut them out as trading partners in the The Transatlantic Trade and Investment Partnership (TTIP) between the E.U. and the U.S.
Meanwhile, PM David Cameron is struggling to maintain Tory unity.