The role of
president of the European Central Bank (ECB) is vitally important for
the prudent management of the euro. A tricky task when it is used in
nineteen countries with widely-divergent economies.
last week the role was filled by Mario Draghi and under his management
trillions of extra euros were created and mainly used to fund government
borrowing and EU industries through buying their bonds. This was
intended to have the effect of getting businesses to expand.
Friday Christine Lagarde started her eight year term as ECB president –
and set out with a commitment for further euro printing. But that was
arranged by Draghi before he left. An unusual move in the circumstances –
and one that was opposed by seven of the twenty-five strong governing
council. A body that reflects that basic problem with the EU – the
differences between the financial policies needed in, for example,
Greece and Germany. It is also a body that Mde. Lagarde will need for
help – since she lacks any central bank experience herself.
that never stopped her at the IMF so the chances are that the euro will
not fall into terminal decline – despite various predictions in recent
years. Just as long as the Germans can keep their economy buoyant …
and stick with the euro.
November and the UK’s position with the European Union remains
unchanged. Despite all the promises we are still paying the EU vast
amounts so that they can spend our taxes on themselves and their pet
schemes in Europe and on aid around the world.
Now the mythical
leaving date has been moved to the end of January 2020. This gives the
politicians just thirteen weeks to complete their scrutiny and implement
some form of exit plan.
the first six of these weeks will be spent campaigning in a general
election. Then at least the next three will be spent getting the new
parliament in place and taking a Christmas-New Year break. Then no more
than four weeks will remain for the new balance of power to take control
and finalise a plan.
Of course the numbers are critical in determining how these four weeks progress – if at all. The so-called Liberal Democrats (George Orwell’s fictional NewSpeak
becomes fact!) intend to revoke our request to leave if they get the
chance. And there are constituencies that voted to remain in 2016 where
today’s voters think that this is acceptable practice. With a number of
MPs switching their allegiance the party could gain seats – but perhaps
not enough to have another female Prime Minister just yet [sorry Jo]
the Marx Brothers – and Sisters – say they will delay leaving yet again
so that they can negotiate a better leaving deal and then campaign to
remain through a second referendum. One that excludes the option to
leave as a free agent under world trade terms. Considering that many Grandads
from outside of Greater London who voted to leave in 2016 are also
traditional Labour voters this approach seems doomed from day one. The
only question is how many seats will Labour loose?
At the Shrine of the Dead Donkey the Conservative position is let’s back the May-Robbins-Johnson deal and move on. This policy could be good enough to convince enough voters and so add enough seats for a new government to have a working majority. Its major weakness is that it leaves the country shackled to our friends in Europe. And that man Barnier is already lined-up to extract the maximum punishment in the trade talks still to come. Given the time and effort spent to get to the current position – and what has happened with other trade deals – we could be suffering at the hands of the EU for many more years.
we have the party that highlighted the problems created when widely
divergent nations are tied to a common bureaucracy. In this election the
Brexit Party will suffer from being seen as a one issue party – and
from the Conservatives reluctance to spell out what their deal really
means. The voting public are smart enough to treat Euro elections
differently to domestic ones. So the TBP will not gain as many seats as
they did earlier this year. However they have the possibility of gaining
some and these could be critical in influencing the outcome of those
four weeks in January.
all depends on how well the implications – and shortcomings – of the
current deal can be explained. And if the new parliament reverses the
no-deal block that was imposed by political scaremongers in the last
Time to book some holidays away from all of this …
should, according to previous promises by our Prime Minster, be the
country’s last as a member of the European Union.
even though there are six remaining days for things to change, it seems
almost certain that leaving at the end of October will become another
promise that is broken.
the lack of a majority in parliament has left the country with a
government that is unable to govern. With an array of anti-exit
political factions and vested interests against it any meaningful
progress has become impossible – even the judiciary showed their bias.
Of course, for the many Grandads
happy to support leaving without the far-reaching constraints demanded
by the EU, this situation means that a bad deal has also been delayed –
so far. But with many politicians demanding that No-Deal is taken off the table the chances of the UK actually escaping the spider’s web of EU control next week seem slim.
giving up on the present parliament and having a general election does
offer a potential solution. But only if it results in a clear majority
of MPs being in one camp or the other. Recent experience shows that
another minority government could be the result – and then we are back
in the same situation by Christmas.
public’s view of our pseudo-democratic representatives must now have
fallen to an all-time low – with plenty of justification.
surprise move a group of MPs – also ones opposed to leaving the European
Union – have presented a case to the Royal and Ancient High Court of
Lindisfarne to amend the calendar through a decree that October can no
longer have 31 days.
A move that will end the existence the 31st of October in perpetuity – and to compensate will add an extra day to November.
members involved stated that this was a long disputed issue that
seriously disadvantages millions of British people no longer able to
remember the rhyme about the number of days in each month. This was now
seriously impacting the mental health of the nation and was costing the
NHS millions. They are, therefore, demanding that the speaker of the
house makes an order for the immediate acceptance of their Calendar
Correction Bill – as soon as the court issue their verdict. This is
expected by Wednesday at the latest.
These same members also stated that this urgent action is totally unrelated to any other matters that parliament is currently considering or in any way linked to blocking the UK from leaving the EU. To quote Our only interest being protecting the well being of the nation.
Update: Today the Lord Provost of the Lindisfarne Court announced
that the case had been rejected and gave a summary of the grounds for
its rejection. These were that the plaintiffs did not attend the court
in person as required, that no victims of the supposed injustice were
presented and that the High Court’s jurisdiction on such issues had been
terminated by Act of Parliament in 1648.
As predicted last week, the new deal with the EU revealed today – and immediately accepted by Brussels – is the May-Robbins dead donkey treaty with some tweaks for the Irish issue but now with a divorce bill reduced to just £33,000 million! So it seems our all-new prime minister is actually Theresa May 2.0 underneath.
If that is not the case then a Baldrick-style cunning plan could be in play – based on a guess that our self-serving politicians will defeat the dead donkey
for a fourth time on Saturday – and then a hope that the EU would loose
their patience and say no to another extension. Thus exiting without a
deal on 31-Oct-2019. But that seems like another flying pig scenario!
the other political parties the latest deal has already been rejected as
a step backwards and provided them with more fuel for revoking our
Article 50 leave request; probably via a one-sided referendum. A
view that might now just win out. If it does then the only bright spot
would be a general election to follow with an opportunity to vote in a
Brexit parliament that would invoke Article 50 again – if the EU had not
blocked countries using that route by then.
That tangled web is entrapping us more and more …
bookies are rethinking their odds that there will be a UK-EU deal agreed
as soon as next week. Clearly someone thinks that a deal is near.
while all the anti-no deal politicians ought to be happy at the
expected news it is more likely that they will live to regret their
Because the only deal the EU have ever supported is their one-sided
treaty agreed to by the May-Robins gang. A treaty that even these same
anti-no deal politicians rejected no less than three times. This is the
only deal that is ready-to-go – and one already approved by the 27 EU
could be wrong and a complete replacement for the 600+ page treaty
might be created in time to be approved next week. But pigs might fly.
So what about a few quick edits on the existing treaty? Well the only
edits so far covered relate to the Irish land border. Nothing else has
been aired in public.
logical implication is that the original treaty – the dead-donkey deal –
will be tweaked for the Irish issue and then put to the UK parliament
for a fourth time.
And, as before, if approved it will commit the country to a much despised Brexit-in-name-only future. A Pyrrhic victory
that leaves the UK with the worst of no-deal and worst of remain
without any advantages. And a general election will punish the culprits
but come too late to undo the mess.
Oh! What a tangled web we weave, when first we practice to deceive.
political wrangling reaches fever-pitch the mood amongst the general
population seems to range from despair to barely contained anger.
can so many of our elected representatives be so bad? Many – most –
ignore their constituents’ choices and play juvenile games in an
insulated metro bubble with zero regard for the well being of the
least the EU politburo is working towards an objective with a plan –
even though it is flawed plan to create a European Empire ruled by a
central cabal. Whereas every UK plan seems to be to try anything and
hope we can all muddle through. All the time expecting that everyone
involved will play the game with fairness and honesty. An ideal that
cuts little ice in the 21st century.
The next few weeks are supposed to be our last under EU control .. but we have all heard that so often before.
it is now 1,200 days since the EU membership referendum result and that
was preceeded by months if not years of pro- and anti- arguments you
would think that every possible issue had been covered.
no. Instead we have shrieks and wails from anti-Brexit factions
demanding months more of delays. For what? To discuss? To have a rigged
referendum? To have a damaged general election? Or simply to remain-
either by these repeated delays or by revoking our leave request?
Looking at our politicians – and judges – from outside of the metropolitan bubble gives Grandads little insight into their off-camera activities. But experience tells us that most are driven by self interest – be that personal, financial or idealogical. So we cannot see who is getting paid or benefiting from insider trading or who is trying to weaken or even break-up our country. But there can be little doubt that they exist.
outside of the UK we have little support from powerful EU figures –
unlike leaders in Australia and the United States for example. And the
typical EU view is that we are there to be exploited and restricted in
any way possible. Their words deny it – but their actions do not.
The country has to leave – and today would not be too soon!
five weeks to the next critical date the UK’s political pundits are
getting geared up for long spells in the limelight. Clearly a situation
that many of them enjoy. And this time the top lawyers and lobbyists are
adding to the twists and turns as they seek to turn political actions
into criminal activities.
the average Grandad is less worried about who said what and much more
concerned about how the eventual outcome will impact both him and his
today’s Grandads are too young to have fought in a world war – even
though there has still been too many conflicts since the 1940s. But they
have had to experience the crass stupidity, blatant self-interest and
false ideologies of too many politicians and civil servants over the
years. And the next few weeks seem likely to add more depressing
episodes in this long history of political infamy.
Just like watching a train wreck from a distance, it’s horrific but there’s nothing we can do to stop it …
horrors of the 1939-45 War fade from living memory they become just
another part of history. And our present day issues with the European
Union are almost always taken as short term; arguments unrelated to the
bigger picture or long term perspective.
are in a different mental compartment to Nazi plans for controlling
Europe from 1942. Yet the Treaty of Rome – the start of the current EU –
was produced just 8 years after troops from the Western Allies had to
carry out risky airlifts to get vital supplies to the people of West
Berlin for the eleven months of a Russian blockade. Indeed British
troops were still stationed in Germany when the Treaty was produced.
result few, if any, in those shouting, banner-waving mobs have any
concept of the plans behind the EU’s on-going fiscal and legislative
programme. To many a highlight of EU legislation is the capping mobile
phone roaming changes [seriously – this was circulated as a major reason
to remain just last month!]. Few have bothered to read – much less
digest – the plans dictated by top eurocrats and EU civil servants.
you would hope that all pro-EU activists – especially those who have
spent the past three years shouting down anyone who disagreed – would
have read what it says on the tin. Yet it seems not. Just this week we
saw a pro-EU placard-waving marcher asked for their three favourite
things about the EU. They could only think of one – the NHS!
Those who cannot remember the past are condemned to repeat it. [George Santayana]