Friday 7 October 2011

Sick bags at the ready please,

for the video which follows, one featuring José Manuel Barroso. 


Answering questions posed from around the world, the interesting bit about the UK and its membership of the EU comes at 18:57 minutes in. Responding to a question put by someone in Wales Barroso maintains that membership is a choice for the British people and that no-one forces Britain [to belong]. Later, in answer to another question Barroso states that national leaders should assume their responsibilities. He also maintains that in the years ahead the euro will be stronger and that everyone will want to join that currency.

Let us address those three points; yes the British people would just love the opportunity to decide whether we wish to belong to the EU, the only problem is the three mafia families that currently rule our nation will not grant that opportunity thus abrogating their responsibilities. The third point, that the euro will be stronger is what anyone would expect him to say although whether it will last much longer is open to doubt. At present it ain't doing that good, as this article shows when it reports that:
"The 440 billion-euro ($588 billion) European Financial Stability Facility has sold 13 billion euros of bonds and all are underperforming relative to alternative investments such as debt of Germany and France. Anyone who sold 1 million euros of German five-year bonds to buy the EFSF 2.75 percent, 5 billion- euro bond issue repayable in July 2016, lost 50,000 euros, data compiled by Bloomberg show. Switching into the EFSF bonds due in December 2016 would have cost a buyer more than 34,000 euros. "That's telling you that global investors are losing confidence in the whole EFSF apparatus," said Michael Riddell, a London-based fund manager at M&G Investments, which oversees about $323 billion of assets."
Whilst on the subject of the European Union, Mary Ellen Synon reports that the word around Brussels is that the euro-elite thought the EU was in line to win the Nobel Peace Prize as it seems that José Manuel Barroso, Herman Van Rompuy and the rest fancied the EU deserved the prize for keeping Europe at peace for 50 years - yup, it seems that old chestnut is being raised again - no doubt in their desperation to save the euro it won't be long before we will be told that all this money being hosed about in support of the euro is to ensure the peace lasts longer (if they haven't already).

Reverting to the video and JMB, I suppose the most blatant untruth is when he refers to the EU as being "democratic" and its member states as "free" - surely two things that most definitely are not true. It is interesting, is it not, that the most undemocratic states always attempt to envelop themselves in the cloak of democracy - the most obvious example being the United Kingdom!

2 comments:

john in cheshire said...

"It is interesting, is it not, that the most undemocratic states always attempt to envelop themselves in the cloak of democracy - the most obvious example being the United Kingdom!"
And what do they all have in common? Socialism.

WitteringsfromWitney said...

jic: Exactly and it is a disease that should have been smothered at birth!