Campaign for an Independent Britain
The Campaign for and Independent Britain (CIB) is a cross party organisation campaigning against the EU.
Their publication is called Free Britain. The September edition leads on BRITISH INDUSTRY BETRAYED.
Saying in the strongest terms that the contract for 1200 train carriages should have gone to a British company and not to the Germans.
The CIB believes that our government should stand up for British interests and protect British jobs.
I assume CIB also explains in the most convincing as well as the strongest terms why the contract should have gone to the British rather than the Germans: after all we are not, as far as I know, dealing here with a British field of excellence, are we?
Also, is it not a bit strange that an anti-EU outfit keen on British independence should insist that Britain became dependent on its exports to the rest of of the EU? What about the Commonwealth ? Don't they like British trains? JR
Last edited by Jacques Roman; 27-08-2011 at 10:49 AM.
Originally Posted by Jacques Roman
The Campaign for an Independent (CIB) Britain is very much in favour of trade with the Commonwealth. The website of the CIB has a link to Conservative Home and recommends this article by Ruth Lea.
Ruth Lea: Britain needs to shift its focus on trade from Europe to the Commonwealth
Ruth Lea is Economic Adviser and Director of Arbuthnot Banking Group.
The Commonwealth as an economic bloc is rarely discussed in Britain. But, as the global economic and political focus shifts to partnerships with non-western economies in the wake of the global financial crisis, this is an opportune moment to re-evaluate the economic potential of the Commonwealth both in the global economy generally and to us as trading partners more specifically.
Last edited by SDP; 29-08-2011 at 11:19 AM.
Campaign for an Independent Britain says that Greece should leave the Eurozone
Greece should cut itself free from the Eurozone and devalue, added Andy Smith. “Instead of pushing themselves deeper into debt, the Greeks should focus on rebuilding their economy through an export drive, as London Mayor Boris Johnson has suggested.
No country can escape from such a burden of debt while it still has a massively negative balance of payments. We need a dose of reality and common sense – but unfortunately we are not hearing this from the British Government. Coalition policy on Europe is being dictated by the Liberal Democrats and by Conservative Europhiles.
Unless and until the Government recognizes that the Euro experiment has reached the end of the line, hard-pressed British taxpayers will continue to be called upon to subsidize the EU and the international banks. But then that is what the European Union is all about. It is the bankers’ Europe, not the people’s Europe.”
A Greek devaluation does not necessarily imply Greece's withdrawal from the Eurozone
A Greek devaluation does not necessarily imply that Greece should withdraw from the Eurozone. Greece (and any other Eurozone country in need of devaluation) could have its cake and eat it by temporarily using a national subdivision of the euro (I called it the "eurodrachma" in the case of Greece), viz a local currency the exchange rate of which would be defined exclusively by reference to the euro, as agreed upon between the EU authorities and the government.
In this way, Greece could devalue without any adverse effect on the euro and on itself (inflation would run its course and speculation would be prevented at the root).
In fact, that system has already been working within the Eurozone since the introduction of the euro (see http://en.wikipedia.org/wiki/CFA_franc): the West African franc and the Central African franc are used in 14 African countries. It is guaranteed by the French treasury and is in a fixed relation to the Euro. Although that fixed relation has remained unchanged since the beginning of the euro, nothing would prevent the countries concerned from adjusting the exchange rates in relation to the euro with the agreement of the French government and the Euro authorities. The same would apply to Greece and other countries in the same case. JR
The reason Siemens is such a succesful train manufacturer is that it has constant capital and orders for many years in advance. This is mainly due to when the national railway company Deutsche Bahn place an order it is in the thousands. We have no national rail company, thanks to free markets ideologues like 'independent Britain' lover Ruth Lea advocating our railway network was split up and hived off to foreign investment companies like the Canadian one that owns the once sucessful Bombadier.
Also there is no such thing as a Commonwealth economic Bloc, neither is there any EU law that prevents Britain from trading with the disparate Commonwealth countries, most of who, unlike us, Germany has a trade surplus with. Perhaps we can have a debate about how to re-take India and the Suez canal
Last edited by youngian; 11-09-2011 at 09:18 PM.
That's an interesting idea. Devaluation can be a mug's game but pegging to or joining a fixed system that overvalues your currency nearly always ends in tears. I remember going to Greece when the Drachma was in the ERM and they had interest rates over 20 per cent.
Originally Posted by Jacques Roman
However for Germany's neighbours that were already pegged to the DM for many years, the Euro has been a good move (incluidng the Danish Krone has stayed fixed to the Euro). Although Sterling doesn't fluctuate much against the Euro anymore it is more like the Italian lire than the D-Mark and we would do well to keep clear for a few years yet.
Ah yes, as Oscar Wilde might have said, they who talk so loudly and so proudly about the run down of our country, they who know the price of everything and the value of nothing! Only fools fail to value their own nation's manufacturing base. Since we were annexed by the GLOBALIST EU, we have known the price of everything and the value of nothing. We have given away our own manufacturing base! We have exchanged it for nothing more than cheap foreign goods. Not content with knowing the price of cheap foreign goods, we have now invited cheap foreign labour right into the very heart of our country, where it is destroying our service base too. OF COURSE the Bombardier contract should have gone to British workers. There is no "cost saving" by destroying British jobs! I reiterate: It is only fools who know the price of everything but the value of nothing.
There may not be a European Union in a few years. The recent economic drama has set about a chain reaction which is now spreading though the banks and sovereign economist like a slow tsunami.
... or there may be a stronger EU in a few years, because of that chain reaction. JR