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Advocates of the imposition of irreversible transnational socialism (Trazi?) for Britain via the European Union, have long implausibly argued that it was a purely ‘economic matter’ rather than a political/constitutional issue. For the few credulous enough to actually believe that, the remarks of UK Treasury official Gus O’Donnell must have come as a bit of a shock.
Gus O’Donnell, the Treasury official charged with overseeing assessment of the tests, was cited in several newspapers on Friday as having said it would be impossible to reach a “clear and unambiguous” verdict on the tests. “Ultimately, it will be a political decision,” The Times quoted O’Donnell as telling a student seminar. But a Treasury spokesman said O’Donnell’s comments, taken from a careers presentation to a group of undergraduates in late November, had been “totally misrepresented”. “Mr O’Donnell has no recollection of saying ‘ultimately it will be a political decision’,” the Treasury spokesman said.
Ah, that explains it then.
via Reuters
So the Euro is born. Did I say ‘born’? Birth is a natural process. I meant ‘incepted’. From rag-tag bits of body politic it has been sewn together, laid on a slab, given a jolt of electricity and made to walk. Doubtless we shall all watch in fixed horror as it lurches through the verdant European mainland strangling small, helpless economies. I hope they don’t accuse us of not warning them
The economic arguments against the Euro have been made both here and other places with accuracy and reason and, whilst not wishing to marginalise any of them, it is worth bearing at the forefront of our minds that there is a deeper and even more sinister threat posed to this country by the European Empire than inflexible interest rates. Liberty is not just about money
Full absorption into Euroland means not just the surrender of our currency but also the extinction of our Ango-Saxon Common Law heritage. A system where the laws were passed up not handed down; where liberty was assumed, not requested, where the citizens informed the state not the other way around and the King himself was bound by them. It is not merely through the production of a few well-rigged sailing ships that this under-populated and otherwise insignificant little island became the richest country in Europe, opened up vast tracts of the globe to trade and civilisation, built the biggest empire the world has yet seen and spawned the industrial revolution. It is because of it’s Common Law heritage and organic constitution that allowed it’s citizens the freedom to innovate and the dynamism to practice
It is this guttering flame that we libertarians hold in our hands
But this will be consigned to the history books (and may not be safe even there) to be replaced by Corpus Juris and the Napoleonic Code; the continental heritage of laws handed down to the people from the princes and potentates; where citizens are granted a mere licence and where the lives and liberty of the common folk are ‘protected’ by a pottage of grandiose-sounding Convention rights, all of which can be countermanded at any time by the stroke of a bureaucrats pen. It is not for nothing that, of all the countries in mainland Europe, it is only Switzerland that has managed to stay the course of the 20th Century without despotic government, invasion or violent revolution
The is the precipice on which we teeter. It is winter in Britain and I am not talking about the weather. With our entire political and media class seemingly hell-bent on completing the subsuming of this country into the Euro-Imperium (even the ones who say they are skeptical are probably lying) what can be done to prevent this unique flame of liberty from being extinguished forever on these islands?
Across the Atlantic Ocean lies Britain’s birthchild, the fruit of it’s loins and, perhaps, it’s finest monument, the United States of America; a country which owes it’s vast wealth, power and freedom to the those same Common Law Anglo-Saxon values it inherited from it’s parent. Indeed, that America is the now the great repository and shining amplifier of those values is almost certainly why it has earned both the fear and antipathy of the grasping and paranoid European elites
In times of peril, a mother cries out for her child and a child clings to her mother. These truths we hold to be self-evident
Now that the Euro is a fait accompli, the long slow glide begins, perpetually pointed just below the distant horizon. The interest rates prevailing across a very significant area of the industrialised world will now be set to suit the business cycles of France and Germany. Many predict that once the economies of Europe are integrated like that of the United States, that will cease to be a matter of concern. And of course they are correct, once the fringe economies are flattened.
As the structure of Europe’s diversified economies are slowly legislated into highest common denominator standards of ‘social fairness’ in order to protect the interests of French and German trade unions, uncompetitive businesses and their social democratic backers, a gradual leaching process will set in. Economic cycles will continue as ever, but each down turn will squeeze the non-core economies just that little bit more each time, favouring the parts of the economies whose main role is to service highly regulated French and German dominated sectors, rather than independent global export or entirely domestic sectors.
When economic dunce Ross Perot predicted a ‘giant sucking sound’ of jobs heading south of the border into Mexico, he did not seem to realise that all manner of spontaneous market mechanisms were also inexorably moving to adjust, rather than destabilise, the economies of the United States and Mexico. Mexican interest rates and currency fluctuations, and not just lower labour costs, were also of huge importance. Although trade was greatly liberalised, there was never any attempt to impose the US dollar on Mexico (or Canada), or make the writ of Alan Greenspan extend over the whole of NAFTA.
All that is different in Europe because whereas NAFTA has purely economic objectives, the Euro has mostly political ones. Sophisticated and relatively efficient European core economies will no longer have to deal with defensive depreciation of Spanish, Italian, Greek or Irish etc. currencies and will simply wipe out pools of local capital that might have buoyed up less effective local producers. This in and of itself is not automatically a bad thing, provided the local capital markets can adjust… which of course they will not be able to do. The mid to late 1990’s surge in the US economy was a disaster for Argentina, whose currency was pegged to the greenback, because unlike the US, it was not experiencing an economic surge. No mechanism was readily and incrementally available to off-set the asymmetries by allowing the currency to naturally devalue. With the Euro, which is in effect an ersatz Deutschmark/Franc hybrid, this same toxic effect will happen to Greece, Italy, Ireland, Spain, Portugal etc. with one big difference… it will probably happen to many of them at once when the cycle begins, as it surely will.
Even the obvious aspiration to challenge the US dollar as a global reserve currency is doomed. The welfare states of Europe simply cannot compete on equal terms with the less regulated US economy, either in terms on underpinning asset returns or total global liquidity. For all its faults, such as the current lunatic credit binge, the dollar will remain the international reserve currency for the foreseeable future.
Although I have not been bullish on gold for a very long time, any European portfolio might do well to tuck a little yellow ‘mad money’ away and just forget about it for 10 years as a hedge against economic apocalypse, particularly as dollar interest rates are so unattractive right now. Anyone who is actually confident about the future of not just the Euro but the Euro zone, well I have this bridge in Australia I would like to sell you.
The headline should attract attention if nothing else. After all, who doesn’t want to make money? Still, the internet is nothing if not awash with get-rich-quick scams and I therefore understand your initial skepticism. However, let me assure you that this information is genuine
This opportunity comes to us courtesy of the European Empire which, ever mindful of the need to be seen to be doing something, has published a list ‘person and groups considered to be terrorists’. Well, it’s a start I suppose but where do we go from here I wonder? One of the named persons is someone actually called ENEKO GOGEASCOECHEA ARRONATEGUI. Are they serious? How are we supposed to catch him when we can’t even pronounce him??!!
The list is also replete with names that all sound like Hamsi Gamsi Up’Ya Bumsi (the EU has confidently identified him as the mastermind behind the Real IRA) and the list of organisations includes the Terrorist Wing of Hamas! Beg pardon, but exactly what other wings do they have? A Catering Wing? (Hummous?)
Having published this portentous list and duly finger-wagged about the seriousness of terrorist activities (which they define as including, and I kid you not, ‘compelling the government to do something’) they don’t appear to be doing much else about it. Perhaps they feel they should lead their anti-terrorist crusade by example and feel themselves under no compulsion. But, really, how difficult could it be to get these dudes? After all they got their names and, for a lot of them, identity card numbers. Surely even Inspector Clouseau could wrap this one up? He could start by cross-checking names against welfare cheques. That would probably do the trick
But, no. Apparently further proposals are ‘under negotiation’. Don’t expect fireworks. See the boys in Brussels just aren’t cut out for all this terrorist-fighting stuff. It’s not in their nature. If you want 26,000 pages of regulations about the grain of wood to be used in garden furniture than they are the boys you call. For anything marginally more dynamic, contact the FBI or Mossad
So, how does all this present a golden earning opportunity? Well, I suggest that you take a large chunk of disposable cash (provided it has not yet been forcibly converted into Euro-roubles) and place a bet that, 12 months from today, Hamsi Gamsi and his chums will be lording it up very publicly in restaurants all over Paris and the Palestinian Islamic Jihad will have established a substantial voting bloc in the European Parliament
Failing that, I urge all productive people everywhere to carefully scrutinize the list of terrorist organisations as published and seek to infiltrate them by any and all means available because, in the People’s Republic of Europe, they will be the only places where both freedom and financial security can be guaranteed
From the EU Observer
Neil Herron and Steve Thoburn, known as the British Metric Martyrs, last night in Brussels received the EV50 award as EU Campaigners of the Year. The prize was given to the Martyrs at a fashionable gala evening in the Palais d’Egmont in the heart of Brussels, hosted by the newspaper the European Voice
Next: Mullah Omar receives highest honour from the International League of B’nai Brith
In an EU Observer report, the authoritarian nature of the European ‘Union’ is demonstrated yet again as Swedish citizen, Per Johansson, has been expelled from Belgian and can no longer travel in 14 European countries after pasting up an anti-EU poster at a Belgian police station.
The Belgian police in Brussels arrested the Swede, who is an active member of a legal Swedish left wing party, just three days before the Laeken summit. The police expelled the man for only one reason: he had been helping friends putting up the poster, announcing an anti-EU meeting.
Hopefully such cack-handed suppression of dissent will just encourage more resistance against the EU by people who value freedom of expression, free association and reject unaccountable socialist diktats governing every aspect of civil life.
“On Friday about a thousand European citizens, representatives of the organisations of civil society and elected representatives at the local, regional, national and European level participated in a human chain around the Rond-point Schuman, right in the heart of Brussels “quartier européen”.
This event was organised by the Union of European Federalists in collaboration with the Intregroup European Constitution within the European Parliament on the occasion of the European Council meeting in Laeken.
There cannot be a strong Europe with weak institutions, and there cannot be strong institutions if their democratic legitimacy is not reinforced, the organisers stated afterwards in a press release.
“If the EU does not manage a qualitative leap of its political system, Europe will be condemned to institutional paralysis – be incapable of governing the Euro, acting on the international scene, efficiently contributing to maintaining world peace, fighting against terrorism and defending Europeans’ security. It will be left to the financial markets and incapable of facing the challenges of globalisation,” the organisers stated.
Among the participants were Daniel Cohn-Bendit, Co-President of the Group of the Greens/EFA in the European Parliament, Virgilio Dastoli, Spokesman for the Permanent Forum for Civil Society, Andrew Duff, MEP (ELDR, UK) and Fernand Herman, President of the U.E.F.-Belgium, Jo Leinen, MEP (PSE, D) and President of the Union of European Federalists, Cecilia Malmström, MEP (ELDR)”
The comrades are taking to the streets! From every slum and factory the oppressed of the earth are pouring forth onto the blood-spattered cobbles of Belgium and putting up the barricades. This is revolution and the air is thick with popular slogans such as:
“If the EU does not manage a qualitative leap of its political system, Europe will be condemned to institutional paralysis”
How cleverly it rolls off the tongue and sears into the heart of every visionary as they storm the steps of the Winter Palace.
Bureaucrats, lobbyists, statisticians and office-holders unite! You have nothing to lose but your weekly column in the departmental newletter
“WHAT TO WE WANT?”
“MORE FOOD SAFETY LAWS”
“WHEN DO WE WANT THEM?”
“NOW!”
The European Union (all please stand up and salute) has ‘declared war’ on junk mail.
Legislation will be enacted within the next 12 months to outlaw unsolicited e-mails, letters and phone-calls which, according to Grand European Panjandrum for Consumer Protection ‘costs EU businesses about 9.6 billion Euros (about 40 pence) per year’.
So there we have it, boys and girls. The New World Order is taking shape before our very eyes: the US is going to war on Bin Laden and the EU is going to war on binned letters.
A big meeting of the 15 EU heads of state in Laeken has ended today in a Billy Wilder-style farce of childish squabbling about who gets which brand, spanking new taxpayer-funded lavish office in Brussels. Just how precursive is this going to prove, I wonder?
The meeting itself was supposed to address the problem boldly identified by Belgian Prime Minister Guy Verhofstadt that the ‘EU is out of touch with the people’. (No kidding, Guy??!!) Cue, huge conflab in Laeken to discuss ways in which the EU ‘can be made to be more relevent to people’s lives’ (or similar).
Of course, what all this euphemistic twaddle translates into is the bold fact that nobody loves the Eurocrats and the Eurocrats know it. They know it and don’t like it because, like all potentates they require not just our lives but our hearts and minds as well. Without the latter they can never quite feel secure. So they want us to love them, to hang their pictures on our walls, to quote their speeches and fill our bookshelves with their ghosted biographies. That way we need them, they need us, we’re all in this together and we march forward to a happy fEUture
But it won’t happen. Governments, all governments, have been a stick-and-carrot operation but the EU has no carrots and using the stick will bring them down more quickly than us. They can still bully and threaten but what precious little ability our political masters had to inspire loyalty or devotion bit the dust long ago and that kind of thing is impossible to resurrect. They can always try the singles columns
“German technocrat, 53, cuddly and sincere. Hobbies include drafting pointless laws and constructing vast bureaucracies. Seeks willing and compliant polity for mutual dependence leading to full union”
More likely though they will have left Laeken with instructions to their minions to draw up a convoluted brobdignanian set of regulations designed to ‘bring the people closer to the EU’. Expect them to be trumpeted joyously through the usual channels within a month or two – and then promptly forgotten about
The EU is now like some old dowager empress, seized with money and power but repulsive and unloved. How long can they live without it until they die of a collective broken heart?
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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