June 30, 2016 at 7:08 am #417
Post your Brexit source links here. One link per post, please.
Any good Libertarian would think that Great Britain leaving the European Union would naturally be a good thing. Crippling bureaucracy, having been called on to bail out other failing economies, union membership fees that buy little to nothing, unaccountable, unelected officials deciding the fate of their country, the list of reasons to leave is extensive.
So why do so many on the left support Great Britain remaining in the EU? It seems, as is often the case, the main reason is “racism.” CNN’s Christiane Amanpour showed no remorse for her bias in an interview with Great Britain’s own Member of European Parliament Daniel Hannan, literally putting words in his mouth during the interview.
Even those on the Remain side of Brexit have admitted that leaving the EU would increase wages in Great Britain and reduce the cost of food. If you understand the burden imposed on the economy by the EU’s mountain of regulations from everything from pillow cases to cell phones, you know that getting out from under those regulations can only be good for manufacturers. As Daniel Hannan pointed out, he learned within a week of working in Brussels that giant, multi-national corporations love regulations because they erect barriers to entry from start up companies that could potentially compete against them. While giant companies can afford the costs of regulations because they are well established and can pass the costs on to the consumers, start up companies are less likely to be able to manage the extra costs.
Leaving the EU also means that Great Britain will be allowed to negotiate their own trade deals with non-EU member nations. Increasingly, Great Britain’s customers are not in Europe. Over the past 10 years, British exports to Europe have dropped from 55% to 45% of exports. So, if Europe is not taking British exports, and the EU has control over British exports to other countries, it seems only natural that the British would like to regain control over their exports.June 30, 2016 at 7:09 am #418
EU Debate. Daniel Hannan, Member of EU Parliment, discusses reasons for leaving the EU.
June 30, 2016 at 7:40 am #419
Brexit, The Movie
July 2, 2016 at 7:18 am #422
The UK’s EU membership fee
“A further claim is that, if you add up the UK’s payments to the EU budget since 1973, we’ve contributed nearly £500 billion in total.
It uses the correct ONS figures on official contributions, although the ONS published slightly revised figures earlier this week. It also factors in inflation to reflect the rise in prices over the last four decades.
But it still doesn’t account for our rebate, so doesn’t represent what we have actually paid. Applying the discount reduces the figure to about £380 billion, or £9 billion a year.”July 2, 2016 at 7:21 am #423
Timeline: The unfolding eurozone crisis
This link outlines the various bailouts that have happened within the European Union.July 2, 2016 at 7:27 am #424
Will the UK pay for future Eurozone bailouts?
“Article 122 of the Treaty on the Functioning of the European Union says that the EU may offer emergency financial support to member countries:
‘Where a Member State is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the Council… may grant, under certain conditions, Union financial assistance to the Member State concerned.’
The EU could theoretically use this power to ‘grant ad hoc financial assistance to a Member State’ in the future, in the words of the EU court. The EU deal negotiated in February doesn’t change the treaties, so its guarantee that bailouts ‘will not entail budgetary responsibility for Member States whose currency is not the euro’ might not be accepted by the court.
So it might be technically possible, if unlikely in practice, for the EU to bypass the dedicated Eurozone bailout fund and the all-EU fund—neither of which put British money at risk—and call upon the EU budget directly.”July 2, 2016 at 6:05 pm #425
Would British farmers be better off in or out of the EU?
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