Opinion: Richard Lambert and John Springford pour cold water on British euroskeptics’ economic arguments for leaving the EU via Project Syndicate – John Gelmini

 

English: David Cameron Deutsch: David Cameron

English: David Cameron Deutsch: David Cameron (Photo credit: Wikipedia)

Dr Alf has identified an interesting article and having met Richard Lambert, I should be impressed by his arguments about the EU.

Sadly, the evidence is not so compelling, as none of the benefits promised by Ted Heath in 1974 when we joined the then EC have come true.

We were promised millions of new jobs, no more European wars and an ability to make the traffic lights stop in Beijing and Washington.

This has not happened and the person in the “box seat” is Angela Merkel. Germany controls Europe and the appointment of key figures in Europe. It has a better educated workforce than we have in the UK, a more equal society and a manufacturing sector.
It is efficiently run, whereas we are not, and unlike us, they are taken seriously by China, the coming superpower.

The UK has an unbalanced economy and should be focusing on South America and the MINT countries for exports but is not doing so.

The UK could also be an attractive tax haven, with fewer people in it modeled on Switzerland and Singapore, and with higher living standards for everyone.

We should engage with Europe as the Norwegians do as part of EFTA, stop the Barnett Formula, give the Scots, Welsh and Northern Irish the hard word (either stay or go but no more free lunch) and become neutral.

Instead, thanks to David Cameron, who lacks negotiating skills or military power, we try to be all things to all people, and are are treated as a joke, even within the EU, plus being net financial contributors to the EU, an entity riddled with fraud on a massive scale.

The Chinese Prime Minister on his recent visit was more interested in meeting the Queen who has real power and controls the Commonwealth than he was in meeting Cameron.

Our biggest export market is the Irish Republic, which was originally one of the so called PIIGS and effectively a vassal state to Merkel’s Germany, so 50% of our exports which amount to very little are to a country which until recently was bankrupt.

John Gelmini

Opinion – The fracking debate – FT.com – John Gelmini

English: Pylons carrying power from the Sizewe...

English: Pylons carrying power from the Sizewell Nuclear power stations. (Photo credit: Wikipedia)

Dr Alf raises legitimate concerns about fracking but as the UK only has 4% overcapacity in relation to energy supply it faces blackouts in the event of a hard winter.

It also faces a balance of payments crisis if what little industry we have has to shut down, as it did under Prime Minister Ted Heath during the miners strikes of the 1970′s.

Fracking is less environmentally damaging than coal mining and less dangerous for those employed in it and in the absence of nuclear power stations or the release of Singlepoint energy, the UK now has no choice but to frack and frack now.

Other countries, like America, have much more natural resources than we do and have the military power to seize oilfields and countries with the natural resources they need whilst leaving their own resources in situ.

We in the UK are powerless, have a weakened navy and no coastal protection vessel.

For years, we have failed to plan for our future energy needs, have not renewed our housing stock to German standards and have not developed proper industrial or population policies.

France currently exports electricity to us generated by one of it’s nuclear power stations, whereas we have decommissioned power stations and failed to replace them. We have built wind turbines, which are only 14% efficient and cost everyone in the country £2,500 gbp in subsidies.

So for all these reasons, Dr Alf’s misgivings aside, we have to frack and frack now and put Druids, gnostics and so called environmentalists like George Monbiot on notice that we will not put up with them impeding progress towards energy self sufficiency, computerization and all the aspects of modern life that they would, if given the chance, deny to the rest of us. Some of these people are establishment figures with a great deal of power who would like to put the clock back and transform the UK and much of the world into a medieval fiefdom. They are against fracking, against nuclear power; they are for “personal carbon footprints” and would confine people like Dr Alf to a tiny area no bigger than the area of my sister’s back garden “marked” by my neighbour’s cat “Beckham”.These strictures would not apply to themselce, of course, as they would be able to travel to Davos, Bilderberg(upcoming conference in Copenhagen) and elsewhere as they do now.

 

John Gelmini

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