Err, bit puzzled here.........

According to the Evening Standard:

"This tension will be at the heart of the debate when British MPs vote on an increase in the IMF contribution. A big Tory rebellion is inevitable."

Cameron is quoted by the BBC:

"(the last vote had) allowed for some extra headroom and what we would anticipate doing would be within that headroom."

Ergo, if the last vote contained sufficient 'headroom' to allow Cameron to increase funding to the IMF, how can there be any further debate or vote in Parliament? Even Douglas Carswell appears to be slightly confused here, where he intimates that a vote will be forthcoming on any increase in the UK's contribution to the IMF.

Just saying.............

When you're a small fish among big fish........

Presumably Cameron will be required to 'report to Parliament' on his 'euro meeting' which took place yesterday - a report which should be most interesting.

From the Mail it would appear that Cameron received the proverbial 'cold shoulder' from Angela Merkel and Nicolas Sarkozy and we learn from Bruno Waterfield, in the print edition of the Daily Telegraph (sorry, no link) that Cameron has failed to win reassurances from European leaders that Britain's economic interests will be protected if single-currency countries form a 'eurobloc' to deal with the financial crisis. Quoting a source from amongst European diplomats, apparently Cameron is getting nowhere and the tide is against him - in other words, he has been rebuffed by both France and Germany. That Cameron was most definitely on the sidelines can be illlustrated by the paucity of the content in statements being put out by the No10 website, the latest being this. 

One can only wonder at the short-sightedness of Cameron and Osborne who have been pressing that the 17 eurozone countries should sort out their own mess, but not then realizing that those 17 member states would form a bloc, one which would be taking decisions that will affect the remaining member states outside the euro. Now we have Osborne complaining about a 'two-tier Europe' and that Britain must be alert to the danger of 'caucusing' in areas that should legitimately be the preserve of the 27.

Nothing like being in the European Union and thus able to influence events, or as 'Wee Willie' likes to say: 'In Europe, but not run by Europe', is there Mr. Cameron?

Preparing for euro breakup - video

Courtesy of Fausty's Libertarian Blog comes the following video of a Conference held in the European Parliament, Brussels, on Wednesday, 12th October 2011, Room A1E2, from 10.30 a.m. to 12.30 p.m. The speakers were Professor Wilhelm Hankel, who last year led the challenge to the euro bailouts in the German Constitutional Court, tackled the first topic: "Currency Union or Foreign Exchange Rate Union?" He was followed by Professor Philipp Bagus, who dealt with the "Practical steps to withdrawing from the Euro." For their 'bios', see Fausty's post.

For those amongst us who have to work for a living it may be something you may wish to watch in the evening as the video is nearly 2 hours in length.