The Tory Collaborators Working With EU To Stop Brexit Exposed

Boris Johnson was ridiculed by the predominantly leftist mainstream media when he talked of collaborators in the Conservative Party working with the EU to prevent the UK leaving the bloc on October 31. People who though he was right and were brave enough to say so were predictably called conspiracy theorists.

While Remain supporters in the UK still scream that a ‘tiny’ country like Britain (tiny in the sens of having the fifth largest economy and being in the top twenty five out of 200 by population,) cannot survive outside the smothering embrace of the European Union bureaucracy.

The case is that the EU is failing economically. Around half the remaining twenty seven member states after Brexit will be economic basket cases, and even the mighty German economy is struggling. The EU cannot afford to lose Britain’s economic contribution. But self interested British politicians and bureaucrats, with their eyes on a lucrative EU job, (former Labour leader Neil Kinnock was modestly well off before he and his wife landed sinecures in the European Commission, now they are multi millionaires,) have now been exposed as having worked with top EU officials to block both a no deal brexit and the negotiation of an acceptable deal.

READ MORE about this betrayal by blogger Raedwald

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EU Supremacy Over British Law To End?

My daily trawl through the best of British blogs threw up this gem of a story on the Guido Fawkes site, which has not been officially confirmed by certainly seems to be true and has been reported by The Times, Times of India, and numerous mainstream and new medis sites. The move will be hugely popular with Conservatives and will do Boris no harm in the eyes of working class voters in the industrial areas who traditionally vote Labour.

Boris Set to End Supremacy of EU Law in Days

Boris has directed Stephen Barclay to sign the official order to end EU law’s supremacy in Britain, a move that Steve Baker described to The Times as “absolutely totemic”, proving Boris is “willing to leave on a fixed date with no question of extension. It’s the do-or-die pledge in black and white”. Just one of the many jobs May never got round to doing…

Whilst MPs voted for the EU Withdrawal Act in 2018, which repealed the original legislation making us members of the EEC, it required a “commencement order” to come into force, which Barclay is expected to sign imminently. Not only does the Government’s move show Boris is totally serious in his Brexit pledge, since it does not involve MPs – by which Guido means Remainers – Parliament cannot interfere with the process. Surprise surprise, Dominic Grieve is not happy. The Tories’ wannabe Remoaner in Chief begrudgingly admitted that he can’t stop the order being signed. He’s reduced to admitting he will have to try to reverse it retrospectively…

 

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Shattering Remainer Delusions

As I have written extensively for U.S. new websites on this topic it seems fair to post an extract from an article by an American writer on the pathetic obsession of Remainer MPs and media commentators with the idea that Remain supporting MPs can stop a no deal Brexit.

Brexit: Still More ‘Remainer’ Delusions

Authored by Mike Shedlock via MishTalk,

  • Remainer MPs are reportedly plotting to bring down Boris Johnson’s government, install a “unity prime minister” for a few days to delay Brexit, then call a general election.
  • Remainer Members of Parliament are considering a plan to install a “unity prime minister” to replace Boris Johnson with the sole purpose of delaying Brexit before calling a general election, according to a report.

90% Chance Silliness

Business Insider also claims There is a 90% chance Boris Johnson will break his ‘no-deal’ Brexit promise, according to these numbers.

Here’s yet another one: We can collapse your government to prevent no-deal Brexit, senior Conservative MP warns Boris Johnson

March to the Queen

The most ridiculous all is the Remainer threat by John McDonnell who proposes Corbyn Should Tell Queen ‘We’re Taking Over’ if Johnson Loses Confidence Vote.

Useful Tip From Eurointelligence

We have a useful tip for readers who follow Brexit professionally. The easiest way to cut down on your daily Brexit readings without losing any information whatsoever is to exclude two overlapping categories of writers and commentators: anybody who has not read or understood Art. 50 of the Lisbon Treaty and thus treats Brexit purely in the context of UK law and politics; and anybody who involves the Queen at some part in the process, like the extreme Leavers who call for the prorogation of parliament, and the extreme Remainers who want parliament to stop a no-deal Brexit. Some commentators fall into both categories simultaneously.

Today we would like to debunk the myth that the UK parliament can stop the no-deal Brexit. Under EU law – the law that matters in this specific discussion – there are only two technical possibilities for the UK parliament to frustrate an October 31st Brexit. The first and the only certain route is a majority in favour of unilateral revocation of Brexit. No such majority exists.

This leaves a less certain pathway: to seek a further Art. 50 extension. Since Boris Johnson refuses to do this, it would have to involve a new prime minister before October.

So what would happen if the House of Commons were to pass a vote of no-confidence in Johnson’s government? Under the fixed-term parliaments act, this would trigger a 14-day period in which parliament can seek an alternative candidate for the job of prime minister. Failing that, there would have to be elections.

An alternative prime minister would be tasked with doing two things only: to write a letter asking the European Council for an extension and to seek immediate elections. It would be what the Italians call a technical government. There was some discussion yesterday on whether Johnson would need to resign even if parliament were to succeed in finding such a candidate. We believe that to be the case. Others do not. But for now this is an idle discussion to which we will happily return if we get to that point. We will probably not, because the numbers are simply not there.

Technically Possible vs Politically Impossible

This notion of marching to the Queen is madness.

The Queen aside, it is technically possible for Parliament to oust Johnson and hold elections.

Repercussions

  • Any Tory voting against the government would be outed from the Tory party and lose their seat in the next election. Perhaps a few would, but not the 17 that Business Insider requires to come up with their ridiculous 90% confidence level.
  • The second thing that would happen is the Tories would form an alliance with the Brexit Party and Labour would get smashed in the elections.

It will not get to that point because the threat is political madness.

Politically Impossible

It would take nearly 100% of the opposition plus a handful of Tories to agree to a caretaker government. 17 Tories will not vote themselves out of office.

A handful might. Even then it would be iffy because there are a handful of Labour MPs who want Brexit.

Then, even if the Remainers managed to form a caretaker government until the next election, they would still have to win the election.

Let’s dive in further.

The Financial Times reports Lib Dems scotch idea of Corbyn-led caretaker government.

  • “I can’t conceive of any circumstances under which we would put Jeremy Corbyn into No. 10,” said one senior Liberal Democrat MP. “He’s not only dangerous for our national security but for our economic security too.”
  • Corbyn’s Labour don’t want to work with other parties to stop Brexit, because the truth is they want to deliver Brexit,” said Jo Swinson, the recently elected Liberal Democrat leader.

While technically possible, the Liberal Democrats want nothing to do with Corbyn. Labour’s official policy is a customs union, not remaining in the EU.

Technically, I suppose Corbyn could resign as Labour party leader to make an alliance possible but the Liberal Democrats want to be the senior party, not the junior party.

Yeah, right.

 

German economic crisis: industrial output plunges to ‘disaster’ level -other economic data revised down

This news site and our sister publication Original Boggart Blog have spent three years arguing logically and reasonably against the emotionally overwrought ravings of people who supported ‘Remain’ in the 2016 EU referendum and cannot accept they lost. Brexit will be a catastrophe, they scream, people will starve, we wil have no medicines or toilet rolls, no food or water or beer or anything, toilets will explode and spew boiling sewage and blood into our homes, aircraft will fall out of the sky, clocks will run backwards and our nostrils will be assailed by wet dog smelss because no nation of a mere 60 million people can survive outside the EU.

And those of us stubborn enough to pick up the gauntlet have pointed out that Canada (30 millonish) Australia (20someting million, New Zealand (more sheep than people,) and the 85% of the world’s nations that are not EU members seem to do OK. And then we have backed up our assertions with evendence that since the referendum was won by Leave predictions of economic collapse for britain have failed to materialise, while for most EU nations, stagnation is turning into recession. The latest evidence for this is another news item showing the mighty German economy, on which the EU has always depended and will depend even more once the UK leaves, is running into trouble.

Yesterday (6 August 2019) it was announced that industrial production in Germany dropped by a greater degree than expected in June, showing a 1.5% month on month decrease, thus compounding fears that Europe’s biggest economy is facing an imminent recession.

Output fell 5.2 per cent year on year from June 2018, the German national statistics office revealed on. According to Reuters, analysts had estimated output would fall 0.4 per cent during the month compared with May. Production, excluding energy and construction, was down 1.8 per cent.

These figures from Destatis come only a day after the same source revealed that factory orders, driven by an increase in demand from countries outside the eurozone, were higher than expected. While those figures offered a glimmer of hope among a plethora of bad news for EU economies and particularly for Europe’s economic powerhouse, business analysts pointed out that new orders have dropped by an average of 0.7 per cent every month throughout this year.

June’s decline in output “kills off any hopes that the strong orders data published yesterday marked the beginning of a recovery”, said Andrew Kenningham, chief Europe economist at Capital Economics. “Business surveys uniformly point to a further contraction in July, so things look set to get worse rather than better.”

Other economic data published this week included revised down figures for services that showed the sector in Germany had grown at a slower rate in July than had been earlier thought, prompting fears that the eurozone’s biggest economy is heading into a recession.

German website Handelsblatt commented: “If both sides remain stubborn, this can jeopardise the stability of the financial markets.

Concerns that the industrial output drop exacerbates long – standing fears over German economy first appeared on The Financial Times website. That such concerns are being expressed by serious economics writers in a heavyweight publication like The Financial Times exposes the level of scaremongering based on fake news that hasd been used in the Brexit debate by those determined to overturn the result and deny the democratically expressed will of the people.

Germany slips into economic meltdown as US-China trade war escalates
Germany looks to be headed for economic meltdown (as this publication has predicted since early in the year,) due to the trade war between the US and China […] Sebastian Dullien of the Institute for Macroeconomics and Business Cycle Research claimed the German Chancellor is burying her head in the sand regarding how Trump’s tariffs will impact German exports …

Germany: Economy crisis a growth stalls – car production crashes
Germany’s federal Government today reduced its growth forecast for the EU’s largest economy today after for the second time in two months as plunging car production figures sent shockwaves through the Eurozone. The German economy, already technically in recession, has been propping up the economically stagnant EU for years. After Brexit of course …


Europe’s Bank Crisis Arrives In Germany: €29 Billion Bremen Landesbank On The Verge Of Failure

… yesterday we observed a surprising development involving Deutsche Bank, namely the bank’s decision to quietly liquidate some of its shipping loans. Reuters reported, “Deutsche Bank is looking to sell at least $1 billion of shipping loans [a market sector] whose lenders face closer scrutiny from the European Central Bank.


Europe Prepares To Join The Currency War

Things seemed to be going to plan for the European Unon’s single currecncy, The Euro, which was the biggest single step in the plan to merge the twenty eight member states into a single political entity. Ties to the German economic powerhouse the poorer nations of southern Europe could not manage their finances efficiently and soon became dependent on bailouts from the European Central Bank with were made with attached conditions suggested by Germany. It seemed that as long as the German economy prospered the ‘European project,’ (referred to, a tad unkindly perhaps, by this news site among others as Greater Germany,) would stay on track.


Germany admits hard Brexit will cause havoc in EU financial markets – ‘Common sense MUST prevail’

Germany, the EU’s most powerful economy, has urged Prime Minister Theresa May and the EU’s chief negotiator, the pompous French clown Michel Barnier to do all in their power to avoid a hard Brexit due to risks of French instransigence disrupting the financial sector. This would be catastrophic for the EU’s financial markets, though the leading German economists say the prospect is becoming “more likely every day”.

DUP’s Foster reveals Brussels’ true goal in talks – and it’s not a deal

THE DUP’S Arlene Foster has backed Boris Johnson’s claim that the EU is to blame for growing likelihood of a no deal Brexit – branding their approach as “belligerent”.

The DUP leader Arlene Foster echoed Boris Johnson’s criticism of how Brussels and Dublin had treated the UK during Brexit talks. In a fierce attack on EU leadership, Mrs Foster savaged the EU negotiators as “belligerent” – claiming they were to blame for the Brexit deadlock. She went onto say that the EU’s aim was not to agree a Brexit deal, but instead “to break up the United Kingdom”.

READ ALL at Daily Express

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Deal or No-Deal, Brexit Dooms the Euro

authored by Tom Luongo for Gold, Goats and Guns

Deal or No-Deal, when it comes to Brexit, the euro is toast. Markets, however, believe the fantasy of its survival. As we approach the end of July the euro clings to support at $1.11, mere pips away from a technical breakdown.

That breakdown will trigger a wave of asset liquidation and another round of negative headlines emanating from troubled German banks.

With 10 Downing St. now saying No-Deal is acceptable, the hard line negotiating tactics of the European Union have hit a rocky shore.

Because it looks like Boris Johnson is ready to give as good as he gets.

I’ve been saying this for a long time. The EU is not a tough nut to crack. They have no leverage in these Brexit negotiations.

READ ALL at Gold, Goats n’ Guns

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Yanis Varoufakis bombshell: Pound to Euro Exchange Rate ‘Paradox,’ weakness of pound against Euro is good news for UK

posted by Phil. T Looker, 22 July 2019

Former Greek finance minister Yanis Varoufakis claimed the reason why the euro is valued so highly compared to the pound or US dollar is because of a “delicious paradox” which sees the Eurozone actually being on the verge of a dramatic break-up, newly-resurfaced footage reveals.

Despite the uncertainty [surounding Brexit], the euro has largely remained strong since the 2016 referendum but, according to former Greek Finance minister Yanis Varoufakis, there is a shocking reason why this has occurred.

Mr Varoufakis called it a “delicious paradox”.

In a 2018 debate at the Oxford Union, the Greek minister explained: “Why do the money markets value the euro so highly compared to the pound, the American dollar?

“Suppose you are a Singaporean, Chinese, American or even a German investor, and for some reason, you agree with me that the fragmentation of the Eurozone is at an advanced stage, and the euro has never been weaker or more problematic.

“Should you sell your euros?

“No, let me share a secret with you. You should shift your euros to a German bank account.”

Mr Varoufakis explained that if the Eurozone breaks up and all the countries revert to their pre-euro currencies, euros held in German bank accounts will be re-denominated into Deutschmarks, which will be stronger than any other European currencies because of the country’s “huge account surplus”.

READ FULL STORY at express.co.uk

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