Cameron has done it! He’s used the veto

[Baron von Lotsov]

Well if he is going down the Thatcher path you are right it is in a different style, but that is a good thing.

Mrs Thatcher used to give the impression that the EU was full of ill intentioned Foreigners seeking to extingush our democracy.

Mr Cameron is giving the impression that he is batting for British intrests, it is agree/or disagree a skillful bit of political manourvering, and oppsed to him though I am on many issues I have always felt he is a more formidable politician than people give him credit for.

Yes I think he has fooled nearly everyone. He's from a very rich background and some of those people put a lot of effort into making themselves look normal and as un-elite as possible. Cameron supported green issues and he supported political correctness. Maybe, just maybe the Cons decided that the country is brainwashed, so in order to win an election they would need to do it in disguise.

Now he has had the chance to settle into office and find out who can be trusted and who can't be he has suddenly flipped, but pretends he is still pro the euro and much else. He's tricking them and when he wielded the veto they just didn't expect it and it caught them off guard. They bleated like hell about it, especially the French, but that was not because they were all-powerful, rather they did it in desperation. We also won a neutral budget settlement across the entire EU. They wanted over 5% increase but we got it down to 2% after 18 hours of solid negotiation. This was something else the French resented.

So perhaps he has smelt victory, but didn't want to start a war before he had done some groundwork. It seems like the sensible way to go about it. You don't want to pick a fight and lose, so they did so when the Lib Dems were down in the polls. It seems to me that the public support and the support from business is giving him a very strong hand now. I just hope he carries on. He has already gone further than Lady Thatcher. Lady Thatcher never blocked an entire treaty. I mean that is what we are talking about here. Fiscal union is not in the least bit just a slight change to a treaty, but they dare not call it a new treaty after Lisbon.

They are getting crushed. I think there is a fair chance that fiscal union won’t be agreed with. What the Cons are doing at the moment is they are trying to get as many countries on their side as possible. They want to restructure the EU into a free trade area and away from a political union, but with the possibility that countries could opt for political union if they want to, and especially the eurozone members. They know that this will just mean the ones who opt for full political union are going to be dragged down to the depths of hell and want to opt out of it, but remain in an outer trade area. It’s a pretty neat trick if they can pull it off, and it won’t be the EU as we know it. It answers the problem about trade sanctions being waged against us if we just dropped out completely.

[CB100]

Let's hope it all works. Looking good so far....

Yes I think he has fooled nearly everyone. He's from a very rich background and some of those people put a lot of effort into making themselves look normal and as un-elite as possible. Cameron supported green issues and he supported political correctness. Maybe, just maybe the Cons decided that the country is brainwashed, so in order to win an election they would need to do it in disguise.

Now he has had the chance to settle into office and find out who can be trusted and who can't be he has suddenly flipped, but pretends he is still pro the euro and much else. He's tricking them and when he wielded the veto they just didn't expect it and it caught them off guard. They bleated like hell about it, especially the French, but that was not because they were all-powerful, rather they did it in desperation. We also won a neutral budget settlement across the entire EU. They wanted over 5% increase but we got it down to 2% after 18 hours of solid negotiation. This was something else the French resented.

So perhaps he has smelt victory, but didn't want to start a war before he had done some groundwork. It seems like the sensible way to go about it. You don't want to pick a fight and lose, so they did so when the Lib Dems were down in the polls. It seems to me that the public support and the support from business is giving him a very strong hand now. I just hope he carries on. He has already gone further than Lady Thatcher. Lady Thatcher never blocked an entire treaty. I mean that is what we are talking about here. Fiscal union is not in the least bit just a slight change to a treaty, but they dare not call it a new treaty after Lisbon.

They are getting crushed. I think there is a fair chance that fiscal union won’t be agreed with. What the Cons are doing at the moment is they are trying to get as many countries on their side as possible. They want to restructure the EU into a free trade area and away from a political union, but with the possibility that countries could opt for political union if they want to, and especially the eurozone members. They know that this will just mean the ones who opt for full political union are going to be dragged down to the depths of hell and want to opt out of it, but remain in an outer trade area. It’s a pretty neat trick if they can pull it off, and it won’t be the EU as we know it. It answers the problem about trade sanctions being waged against us if we just dropped out completely.

[Baron von Lotsov]

Let's hope it all works. Looking good so far....

Yes and the next piece on the chessboard is going to make the French go crazy. as it stands at the moment British bonds are selling at 2.2%, and Moodys rate our triple a rating as "stable". France also has a triple A rating, but she is paying 3.6% on bonds and Moodys have put her on warning, where many city analysts see a downgrading as inevitable. We are not entirely in the clear, because the fallout from he euro crisis is going to knock us a bit, so they have said to us be careful or a downgrading might occur. Now since we have a government that is economically literate, I suspect we will manage to keep our triple A and France will get knocked back. Our strongest reason is market confidence in our bond auctions. The percentage rate is pretty much the whole story, but if we were to cough up the 30bn euros that the europhiles want from us to "make up after the argument" as they see it, then we would be in greater danger of a downgrade, and I know that this will figure strongly in the government's decisions.

So France won't be at all happy, both because we are not going to cough up and that they are going to get hit as a result. As they get downgraded so their interest payments are going to rack up a notch, and I don't think the French electorate would take too kindly seeing their man getting outmaneuvered by the British. You know how the French are full of pride, well as they say, pride comes before the fall. They will be in no position to tell us what to do. Our banks are pulling out vast amounts of money to shield us from the effects of the euro crashing. it's pretty much a case that the markets have lost confidence in the political governance of the EU. Those Europhiles are on borrowed time. We can always fall back on our extensive international trading links. We can simply shift investment from the eurozone into America, whereas the other EU members are far more closely financially bound together. French banks have a high exposure to debt-ridden countries like Greece, whereas we have some exposure, but nothing that would cripple us. The chances are a bank or two is going to go at some point. The Foreign Office is already making contingency plans for ex-pats that have mortgages with these banks. Apparently when a bank goes bust and you have a house with a half paid-off mortgage you suddenly find you no longer have a house. What will the French and Spanish electorate have to say about that!

[peterjacky]

There are as usual with the Eu though several notes of caution, these measures could be imposed on us by other means as we saw with the working time directive in the 1990s, I dont claim to have knowledge to how this could happen but the Eu is notiorously duplicitous and has not time for democracy.

[Baron von Lotsov]

There are as usual with the Eu though several notes of caution, these measures could be imposed on us by other means as we saw with the working time directive in the 1990s, I dont claim to have knowledge to how this could happen but the Eu is notiorously duplicitous and has not time for democracy.

Indeed they will. They have that French bint from the IMF trying to screw us now. She wants one trillion dollars to save the euro or else she says the world economy will suffer terribly. Of course the reverse is the truth. The world economy will suffer terribly if it coughs up one trillion dollars. Cameron, it is said, is being forced to pay for this. That’s why it is important he practices the art of telling them to go to hell.

Express.co.uk - Home of the Daily and Sunday Express | UK News :: Britain braces for £17.5billion bill as IMF raises debt fund to $1trillion

[Little_Englander]

To save the Euro, get others to pay off Greece's debts, but don't say that's the plan out loud, achieve the aim by means of a long drawn out crisis, accompanied by dire warnings if the 'rescue fund' fails.

[Baron von Lotsov]

To save the Euro, get others to pay off Greece's debts, but don't say that's the plan out loud, achieve the aim by means of a long drawn out crisis, accompanied by dire warnings if the 'rescue fund' fails.

Yes and each time we resist our bond interest rates go lower. It's now the lowest since the 19th century. The markets aren’t stupid, even though the Euro-dictators seem to think they are. Perhaps we should ask the French how their credit rating is doing!

[Baron von Lotsov]

Here is a worrying thing I found out today. The Germans wanted to do a deal regarding this Tobin tax. I expect it was a scam, because you know what happens when we do deals with the EU. Anyway, this is encouraging.

Britain has rejected an olive branch aimed at bringing the country back into the European financial fold, following David Cameron's historic veto on proposals for greater economic integration.


German economic minister Philipp Roesler on Friday floated a European "bourse tax" as a compromise to a wide-ranging financial transactions tax (FTT) that would hit London harder than other European financial centres and make the City less attractive as a global business centre.

Chancellor Angela Merkel's spokesman called the idea "sensible". Speaking ahead of Monday's eurozone financial ministers summit, he said: "[Mr Roesler] is looking at all possibilities for getting the UK on board... We need to find out in talks whether a bourse tax could be a bridge for the UK, then Germany will discuss this with its European partners."

UK rejects German 'olive branch' of exchange tax - Telegraph

So far so good. What will they try next? We don't need any of this tax business, but they need our money.

[Baron von Lotsov]

Con Home seems to think the veto might have died.

Has Cameron's EU veto died? The Tory Diary

Well we will see. This issue will decide whether Cameron is a true and honourable man and a patriot or whether he is a former man that just does what he is told by the boche.

[Road_Hog]

Con Home seems to think the veto might have died.

Has Cameron's EU veto died? The Tory Diary

Well we will see. This issue will decide whether Cameron is a true and honourable man and a patriot or whether he is a former man that just does what he is told by the boche.

I told you so, but you wouldn't listen.