Farage: EU Resembles Communism

UKIP leader Nigel Farage has given yet another storming interview to Fox News:

“Things are getting worse. We’ve now got Mario Monti, who is the unelected, appointed Prime Minister of Italy almost begging for his country to be bailed out because, as he says, he fears that parliament will derail the project. So what they’re actually saying now in Europe is we must not let democracy intervene with our great, grand project. We’re living in this sort of noddy land where frankly we’re not facing economic reality. The UK now trades with the EU at a massive, massive deficit. The idea that Mercedes would not sell their cars in Britain if we left the EU, or the idea that my favourite Spanish rioja producer would refuse to sell me a case of red wine, is ludicrous. Even though the UK is not part of the eurozone we are being constrained and constricted by being part of something that frankly begins to resemble communism in terms of its belief that the state and government creates jobs. It doesn’t, it destroys them.”

Guido hereby endorses Farage’s rioja policy…

Poll: Britons Say Bye Bye to Brussels

A majority of Britons think that joining the European Union has been harmful for the UK, and almost half want Dave to say goodbye to Brussels. That’s according to a new poll from Angus Reid, which has found 54% see EU membership as having had a negative impact. If a referendum were held tomorrow 46% of Britons would vote to leave, compared with just 29% who want to stay in. The people have spoken, but will Dave listen…

Nomura “Brexit” Contingency Document in Full

Ambrose Evans Pritchard reports this lunchtime that Nomura have begun contingency planning for a possible British exit from the EU:

“The core point is that the eurozone may have to take drastic steps in integration (fiscal union, etc) to save the euro, making it nigh impossible for a fully sovereign state to remain part of the Project. In other words, it is not so much Britain leaving the EU as the EU leaving the treaty-based club of sovereign states it was supposed to be.”

The document was written by Alastair Newton – “an ex-British diplomat, former head to Tony Blair’s G7 team, and intelligence co-ordinator in the first Gulf War”. For some reason the Telegraph have not published the whole document so here it is:

With the Eurozone set to go tits up again in the autumn, that November by-election could prove very interesting…

Swivel-Eyed Europhile Eddie Izzard Backs Team €U

Given his track record for backing losers it’s probably a good thing that Labour Eddie Izzard has only half-heartedly backed Team GB:

Has he seen the Commonwealth count?

ECB President Draghi Goes Comical Ali

Mario Draghi, president of the European Central Bank, told a press conference following the meeting of the ECB Governing Council in Frankfurt this afternoon that “the euro is irreversible”. Asked by the media what he meant by that he exclaimed to much laughter “It stays, it stays, it stays. It’s pointless to bet against the euro, it’s pointless to go short on the euro.” From the beginning of the press conference to the end the € fell 200 pips against the $, so he was proved factually incorrect before he even finished speaking.

At the end of the press conference Spanish yields were back over 7%, capital flowed into German bunds as a safe haven, trading in Italian bank stocks was halted, the euro had pointedly rewarded those who were short and bet against it, costing the ECB a lot of credibility. Spain has now been told it will, like Greece, have to formally ask for a bailout on austere German terms. The can has been kicked down the road again, the end of the road however is in sight…

Frustrated Farage

Rumours might be swirling around UKIP circles that he could be set to stand in Chris Huhne’s potentially up-for-grabs seat in Eastleigh, but Nigel Farage has today insisted he “could not care less” who wins the next general election. The Barroso-bashing eurosceptic lambasted the Tories as “virtually indistinguishable” from the other parties, going on to lament:

The penny is beginning to drop with the British people and British businesses that we are no longer a self-governing nation. That matters far more than which brand of social democracy gets in. It no longer matters who sits in No 10. We are not governed from Westminster, we are governed from Brussels. It does not make any difference.

Just when Guido was thinking it was time for Farage to head home…

Dave In Europe

In a move that is sure to firm up the Prime Minister’s increasingly grim position in the eyes of his backbenchers and party, Dave has ruled out ever campaigning for the UK to leave the EU. Discussing an in/out referendum with the Telegraph he claims:

“I think it would be bad for Britain. When I look at what is in our national interest, we are not some country that looks in on ourself or retreats from the world. Britain’s interest – trading a vast share of our GDP – is to be in those markets. Not just buying, selling, investing, receiving investment but also helping to write the rules. If we were outside, we wouldn’t be able to do that.

It comes back to this, who are going to be the winning nations for the 21st century? If your vision of Britain was that we should just withdraw and become a sort of greater Switzerland, I think that would be a complete denial of our national interests.”

He has to make the right noises for now, but there was no reason to be quite so dismissive. Unless of course he was talking from the heart for once. What happens if his treasured renegotiation plan is rejected by other countries?

EU Trade Myth Debunked

One of the lines peddled by Europhile scaremongers desperately spinning the benefits of staying in the EU has been the claim that we rely on our continental counterparts for a huge proportion of our overseas trade. Now, however, for the first time in 40 years the EU is no longer the UK’s main export market.

The Centre for Economics and Business Research has found that non-EU exports have exceeded those from member states by 1.5%. The likes of Dan Hannan have been predicting this for years, and now it seems they’ve been proved right. Another swivel-eyed pro-EU argument shot to pieces. 

Brussels Tells Mandy: EU Can Avoid Tax

The European Court of Justice has ruled that retired Eurocrats including the yacht-loving Lord Mandelson will be allowed to dodge tax on a huge scale. Brussels pensions are exempt from national taxes, meaning that the likes of Mandelson and Neil […]

VIDEO: Farage Batters Van Rompuy (Again)

“With everyone of your predictions it goes on getting worse, I’m sorry sir you don’t have the presence, the credibility or the standing for the international markets to believe you can provide a solution. And Mr Barroso here, who stood […]

The Rehabilitation of Liam Fox Part I

With bright lights, cameras and TV Political Editors, it certainly looked like a comeback attempt from Liam Fox this morning. The excited glint in his eye and a new tie were only let down by the cheap polyester Union flag […]

Flip-Flop: Vince Cable on EU Referendum
Was For It Before He Was Against

Vince Cable consistently counter-attacks whenever the Tory right bangs on about an EU referendum. Following Dave’s bewildering Sunday Telegraph piece at the weekend, Cable said that talk of a referendum was “horribly irrelevant“. Odd then that back in […]



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Quote of the Day

Lord Ashcroft’s focus group is asked where each party leader would be most likely to go on holiday:

David Cameron: “Monaco”

Nigel Farage: “Blighty”

Nick Clegg: “Caribbean”

Ed Miliband: “The Moon, his own little world”

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