European Central Bank the current president, Mario Draghi, is already
preparing for his departure on 31 October 2019 – and it looks like he
will make it out before his policy of issuing of trillions of new euros –
mainly as cheap loans to EU corporations – comes to a sticky end.
While at the British equivalent, the Bank of England, governor Mark Carney, is staying on until January 2020; to make sure that Brexit goes to plan. However what is not clear is exactly whose plan that is – even though Philip Hammond has something in mind.
in Brussels president of the European Commission, Jean-Claude Juncker,
will also see out the end of his term on 31 October 2019 – and Team Juncker [yes that really is the name they use!] have already tabled their final works. So if the Brexit can is kicked any further down the road a new president would be in charge – interesting…
that other key Brexit figure Donald Franciszek Tusk, president of the
European Council, will be around for another month after Juncker; not
ending his term until 30 November 2019. And the can will have to be kicked further towards Christmas for both posts to have changed.
that’s four important figures that we expect to leave soon – yet we are
totally in the dark about our national politicians. The local government
elections are just next week and even though they do not effect
Westminster directly the results will send a message to the parties
about public sentiment. More importantly the EU elections follow on just
three weeks later and the indications are that the public will vent
their feelings on our failure to leave on that much-promised March date.
The Conservatives are getting very worried.
hard to imagine but if these EU elections do go ahead in the UK then the
UK government will look even more out of touch and gutless. This
potential major embarrassment to the government means that all sorts of
cunning plans and under the counter exchanges will be tried to avoid
them taking place – or, if they do, to restrict the powers of UK MEPs in
Brussels. However given the level of incompetence in Westminster it may
be Brussels that acts on this instead.
the big question avoided so far is – when is time up for Mrs May?
Stories of her demise have been floated repeatedly without result.
Despite all those defeats and numerous resignations our PM blunders on
quite unable, it seems, to accept anything other than getting her deal
agreed. A deal so toxic for our grandchildren that it must be stopped
from ever reaching our statute books. What’s in it for her? We may never
And at this point a Labi Siffre song from the 1990’s seems appropriate –
The higher you build your barriers
The taller I become
The further you take my rights away
The faster I will run
You can deny me, you can decide
To turn your face away
No matter ’cause there’s
Something inside so strong
I know that I can make it
Though you’re doing me wrong, so wrong
You thought that my pride was gone, oh no
There’s something inside so strong
Oh, something inside so strong