Lights on in Brussels But Nobody’s Home

lights

Over in Brussels, the European Parliament’s grandiose Altiero Spinelli building is shuttered up with the Eurocrats and their bag-carriers off on summer holidays. Inside the 17-storey high-rise office block resembles a scene from an apocalyptic horror movie, not a person in sight. That hasn’t stopped them from leaving all the lights on. You won’t meet your carbon emissions targets like that…

Pics via Bill Etheridge

Captain Europe’s Sexy Wrestling Fetish

captain

Readers may remember Captain Europe, the eccentric cape-wearing ‘superhero’ enlisted to make the case for Remain. Perhaps it should come as no surprise that a federast who likes to dress up in latex would have some exotic tastes. A browse of who the Captain follows on Twitter shows he has a keen interest in sexy wrestling dominatrix sites. “Pippa the Ripper”, for example, runs “The Submission Room”, where blokes pay for a spanking from ladies with names like “Killpussy“. Captain Europe just loves getting beat… 

Brexit Boom! Post-Referendum Consumer Spending Surge

SPENDING

Despite claims from Remainers that a Brexit vote would see consumer confidence plummet, new figures out today show spending has surged since the referendum. Just a few weeks ago Remain doom-mongers were writing about a “dent in confidence”, how people were “gloomy” about their finances and wanted to “rein in spending” because of the Leave vote. Yet analysis from Visa and Markit shows a “sharp” rise in expenditure of 1.6% year-on-year in July, up from 0.9 percent in June. There’s been an 8.9% rise in spending at restaurants, a 5.2% rise in recreational spending and a 3.9% rise in spending on clothing. In the first week after the referendum consumer spending rose 2.14%. Rather than rein in spending, Brexit Britain is booming…

Cameron Rewards Remain Failures

The honours list is out – confirmation that Stronger In boss Will Straw will have his failure rewarded with a CBE. Arise Sir Craig Oliver, No.10 comms chief who went to spin for BSE. There will also be a CBE for Dan Korski, the Downing Street aide best known for orchestrating pro-Remain support during the campaign. Charlotte Vere, chief of the failed Conservatives In, is rewarded with a peerage. The Remain losers get gongs, Matthew Elliott, boss of Vote Leave and the No2AV campaign, got victories…

Plenty of honours for Dave’s mates. George Osborne becomes a Companion of Honour. There are CBEs for his official spokesman Helen Bower, SpAd Ramsay Jones and spinner Graeme Wilson. OBEs for SpAds Julian Glover, Neil O’Brien, Lena Pietsch, Thea Rogers, Alan Sendorek, Isabel Spearman, Sheridan Westlake, Eleanor Wolfson and Cameron’s constituency agent Natasha Whitmill. MBEs for SpAds Adam Atashzai, Jessica Cunniffe, Giles Kenningham, Richard Parr, Caroline Preston, Nick Seddon, Kate Shouesmith, Laura Trott and Martha Varney. There are peerages for aides Ed Llewellyn, Liz Sugg, Camilla Cavendish, Gabby Bertin and Jonathan Caine. Many deserved, some less so…

See the full list of honours here and peerages here.

Voters Don’t Regret Brexit

POLL

Given the coverage from parts of the Remainstream media over the last few weeks, they’d have you believe millions of Leave voters were having buyers’ remorse and now regret voting for Brexit. A new poll out from YouGov quashes that theory – the Leave vote is still ahead. Someone should tell Oily Smith and David Lammy they would lose a second referendum…

Most Shared Story of the Week

27-express

Guido’s most shared story last week on social media was Friday’s research-based compilation of all the countries where officials have indicated an interest in doing a trade deal with post-Brexit Britain. As well as the thousands of shares on Facebook and Twitter it was shared with readers of the Daily Express on their Saturday front page, who credited the story to “experts”.

Proving once again that you’re either in front of Guido, or behind…

Watchdog Slams IMF’s Complacency, Lack of Transparency and EU Groupthink

lagarde-trial

A damning report by IMF watchdog the Independent Evaluation Office has slammed a “culture of complacency” in Christine Lagarde’s organisation. Focusing on the IMF’s response to the Eurozone crisis, the report claims that the Fund was riven with “issues of accountability and transparency”, claiming Lagarde and senior management established “small, ad hoc staff task forces” to plan for the possibility of bailouts, rather than holding executive board meetings. The report slams the “lack of board involvement”, with management failing to discuss – sometimes despite direct requests – issues around the unfolding crisis. Preparations made by management lacked “analytical depth, rigor, or specificity”. Most damning of all, however, is the IMF’s “groupthink” and unquestioning links to European policy – particularly their irrational fervour for the Euro. The report concludes:

“At the euro area level, IMF staff’s position was often too close to the official line of European officials, and the IMF lost effectiveness as an independent assessor.”

So much for that independent report, eh Remainers?

27 Countries Seeking UK Trade Deals

BREXIT TRADE MAP

The above map shows all the countries in which government officials or prominent business figures have declared a desire to secure a post-Brexit trade deal with Britain. Out of the 10 largest economies in the world, just two (France and Italy) have not yet made moves for a deal. Every continent on earth is represented, with 27 countries already signalling their intentions:

Australia
Argentina
Bolivia
Brazil
Canada
Chile
China
Colombia
Ecuador
Germany
Ghana
Iceland
India
Ireland
Japan
Kenya
Korea (Republic of)
Mexico
New Zealand
Pakistan
Paraguay
Peru
Suriname
Switzerland
United States
Uruguay
Venezuela

The total GDP of all of these countries is nearly $50 trillion dollars – 67% of global GDP. In comparison, the EU’s GDP of $16 trillion equates to just 22%. Britain is open for business and Guido will be updating this map over the coming weeks and months. Over to you, Dr Fox…

Juncker Appoints Hardline Britain Basher as EU Brexit Negotiator

BARNIER

Who is Michel Barnier, the man appointed by Juncker to be the EU’s chief Brexit negotiator? An ultra-interventionist, dirigiste Frenchman with a history of bashing Britain and getting into fights with UK governments. This FT article from 2011 gives a taste of what he is like:

“Sir Mervyn King is not known as a man given to shouting.

[…] Read the rest

+ READ MORE +

Matthew Elliott on Why Leave Won

Referendum-winning Vote Leave boss Matthew Elliott recounts how the campaign was won on today’s Daily Politics“At 10pm on the 23 of June, the consensus was that Vote Leave had lost. A contact of mine at Number 10 texted me to say, ‘You’re toast'”.[…] Read the rest

+ READ MORE +

Top Economist: Vote Owen Smith to Block Brexit

ANATOLE KALTESKY

Anatole Kaletsky, one of the first economists to point out the severity of the Northern Rock crisis, has been emailing round telling people to sign up to Labour to get Owen Smith elected so he can block Brexit. Smith’s support for a second EU referendum has inspired the Europhile economist to send this email to friends:

“If a Second Referendum becomes official policy of the Labour Party, SNP, Liberals, Greens etc will join in and this demand will prove very hard to resist for the Tories, even if Theresa May survives as Prime Minister (which I think is no more than a 50% probability).”

He has also been tweeting his 10,000 followers the same:

[…] Read the rest

+ READ MORE +

Which Remainer are you? Post-Brexit Edition

You can take the pre-referendum quiz here[…] Read the rest

+ READ MORE +

No Article 50 Until 2017

FARAGE+JUNCKER

Jason Coppel QC, speaking for Brexit Secretary David Davis, has told the High Court that Article 50 will not be triggered this year. Some Brexiters will be nervous about this, but there is no legal imperative to trigger it immediately and it would be politically unwise to do so until there is an established negotiating position.[…] Read the rest

+ READ MORE +

Owen Smith: It Would Be “Tempting” to Block Brexit

Labour leadership contender Owen Smith says it would be “tempting” not to trigger Article 50 and thereby block Brexit.[…] Read the rest

+ READ MORE +

India and China Seek UK Trade Deals

HEAVEN

China has already signalled its keenness for an Anglo-Sino free trade deal, now India says a bilateral trade agreement would be “made in heaven”. Naushad Forbes, president of the Confederation of Indian Industry, says a deal will lead to increased trade.[…] Read the rest

+ READ MORE +

“Government Sachs” Hires EU’s Barroso

goldman-sachs-eu

Goldman Sachs has continued hugging the EU commission tight, after financing the anti-Brexit Remain campaign and spending millions lobbying Brussels, the aggressive Wall Street firm remains careful to keep in with the Eurocrats. Known as “Government Sachs” by those who mock the firm’s habit of hiring and providing US government officials, it is clinging tight to the EU bureaucracy post-Brexit.[…] Read the rest

+ READ MORE +



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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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