#nodeal

Borixit

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If the EU had a mandate to force the British people toward a No Deal Brexit it couldn’t have done a better job if it had tried. The sheer arrogance and meddling from Brussels have only steeled the resolve of many UK citizens. Did it think for a moment these jabs, threats and ultimatums would enamour those residing in the world’s 5th largest economy? All they have done is given the lion cause to roar.

Britons have not been asleep at the wheel but the political classes on both sides of the English Channel have acted as though they have. A further delay to a resolution and a block of No Deal only compound the anger.

This is way more than a Brexit vote – any general election will be about the party who is prepared to execute on democracy.

Those that have done their utmost to thwart the referendum will have a target painted on their back when an election eventually arrives. The Brits don’t want to comprise and they have not forgotten the betrayal. They want out of the common market as David Cameron assured them ahead of the referendum! Brexit is Brexit.

While some might dismiss BoJo as some eccentric Etonian clown, the UK PM has torn the scab off British politics with the proroguing of parliament. For 3 years, the UK Parliament under the weak leadership of Theresa May dithered and floundered in carrying out its duty.

There is a slice of irony to see Remainers march in the streets to protest the proroguing of parliament.  They claim it is undemocratic when it was indeed they who did their utmost to block the will of the people. If we were to truly get to the bottom of the pet gripes of most Remainers, it would likely amount to having to form a line in the non-EU queue at customs of remaining members over any fear of major economic impacts.

Boris Johnson has played chicken with his own party members – who are Remainers – that they’ll be turfed from the party if they don’t back his plans. The flip side is that they will be crucified at the next election anyway. To side with Corbyn is suicide. To side with a Theresa May rehashed deal is a recipe for Torycide. An alliance with Farage is his only hope to end this mess, eventually.

Brexit Party leader Nigel Farage knows that the Tory & Brexit parties cannot split their votes as evidenced in the Peterborough by-election. With no proportional representation voting, we shouldn’t be surprised if Brexit party candidates are put up in every weak Tory constituency and where Tory Remainer incumbents currently sit. For that, Farage can negotiate a No Deal, let BoJo keep the top job and eventually convert his Brexit Party members to become a new look Tory party. Let’s face facts. The Brexit Party is predominantly about leaving the EU. If the job is done, what better way to inject much needed new blood into the Tories than get real Britons from all walks of life in parliament.

All the predictions made by Project Fear have failed to eventuate. No crashing economy or financial markets, no surge in unemployment and no British businesses gnashing teeth at what might come with life outside the EU. If anything the recent G7 looked very promising when reflecting on all of the FTAs which will probably be agreed on.

The latest trade stats between the EU and Britain make this argument pretty simple. EU members make up 7 of the Top 10 British export markets accounting for 37.4% of all trade. Top 10 account for 65.9% of trade. America accounts for £54.9bn while Germany is £36.5bn. Will British businesses fret at exporting more to America?

On the Import side, the UK matters much more to the likes of Germany at £68bn. The Dutch at £42bn and France at £28bn.

In short of the UK ‘s Top 10 importing nations, 8 are EU members. The Top 10 account for 65.7% of the total. Those 8 EU nations make up 48.1% of the total imports into the UK. On what earth would these Europeans seek to cut off their noses to spite their face? 7.13% of Germany‘s exports end up in Blighty.

One might argue that 10% of all UK exports end up in Germany Germany is the UK’s #1 importer and Germany is the #2 destination for British exports. For Germany, the UK ranks #11 importer and #3 export nation. Angela Merkel is not going to throw away a 1% GDP equivalent trade surplus in an economy in retreat. Not going to happen.

The behaviour of the EU has been so predictable. Recall Theresa May’s initial plan took the EU cabal 45 minutes to approve. That ought to have told everyone what a total dud for the UK it would be. How could we forget Emmanuel Macron imposing an October 31 deadline to have BoJo prorogue parliament and have the little Frenchman pull back his Napoleonic bravado seeing that the threat meant the EU had to throw more spanners in the works.

The British aren’t stupid. They didn’t get duped in 2016 by Brexit buses carrying slogans. 17.4mn wanted out. The taunts that people like Trump and Putin were Leavers and Obama and Trudeau were Remainers had the opposite of intended effect. The left tried to use the same tactics in the recent state elections in Germany. They used the idea of Nazism to shame people not to vote for the AfD in the Saxony election. Unfortunately, even malleable 18-29yo voters put the nationalist party top. If a second referendum were held, Leave would win by an even bigger margin.

If Jeremy Corbyn ever wanted to prosecute a case for No Deal he only had to do the obvious – make reference to Trump. True to form, he did. Does he honestly believe that signing a free trade agreement with the US would be a bad thing? Would British consumers and industry truly shun 25% of the global economy which would lower the cost of goods and services?

Corbyn promised to leave the EU at the last election but has since openly become a turncoat and proclaimed he will do his utmost to prosecute remain. At least he has finally become honest.

Let us not forget the facts of the referendum:

Leave vs Remain

Votes – 17.4m vs 16.1m

Constituencies – 406 vs 242

Labour Constituencies – 148 vs 84 (Does Corbyn honestly believe they’ve flipped back?)

Tory Constituencies – 247 vs 80 (Does BoJo really fear the remainers in the ranks?)

Regions – 9 vs 3

MPs – 160 vs 486

When The Guardian and the BBC are in full flight with attacks on BoJo we should take much comfort that their greatest fears will eventually be realised. The media hysteria on the risks of a general election. Australia’s own ABC has written that could Boris Johnson be the UK’s shortest-serving PM?

Theresa May called a snap election when she didn’t need to. She lost her outright majority because she overlooked the fact that the electorate was sick and tired of voting. It was stupid to do so. She was punished for it.

This time, Boris Johnson knows that the electorate is screaming to boot out those that have betrayed the people. Farage smashed the EU elections after only 6 weeks after forming the Brexit Party. His popularity is better than the Tories. Boris can’t be blind to this. Neither are the remainers in his party who are fighting tooth and nail to prevent it.

Yet can he the media stir up enough fake polls to get the 2/3rds majority to call an early election?

Prolonging this outcome only means the peons are busy sharpening their pitchforks so best work to side with the angry mob.

Westminster gets its second referendum on Brexit

If the House of Commons needed any reconfirmation of the mandate to leave the E.U. – because there was ambiguity over the Brexit referendum – this should clear it all up. Interesting how Brexit stops at Hadrian’s Wall. If a second referendum was held, Leave would be an even bigger margin. Interesting to see the oxymoronically named Change UK (Remain) had no impact.

The European Muppet Show

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The EU has agreed to postpone Brexit till October 31st. This will give more time for PM Theresa May, undoubtedly the most incompetent PM in British history, to dither and faff around with another 27 versions of a plan that will still resemble the initial deal.  No amount of lipstick on this pig will sell it to the British public. How she hasn’t resigned given the lack of authority is beyond comprehension? Opinion polls already show an overwhelming preference for No Deal.

Yet the 77% of remainer MPs inside the Commons somehow think they know better than the peons. What these elected officials are failing to grasp is that their constituents are questioning the respect shown to the very democratic processes which gave them the privilege to serve in the first place. Many existing members will see their employers sack them at the next election. May has destroyed the Tories.

At the same time, Nigel Farage’s Brexit Party will romp home in the EU elections in May and add to the already rapidly rising trend of populist eurosceptic parties across the continent.  While the EU thinks the extension will just provide a path to keep the UK inside the union bar the nameplate, it actually significantly raises the risks of further revolt within the ranks. His party, not a month old is already polling 3rd, behind Labour and the Tories.

The Britons are being viewed as a calm, placid and polite people but when pushed the lion will roar. What we are witnessing is a complete rewriting of the rules. That all of the legalities surrounding the treaties are being ignored to get a different result to that originally agreed. It is shameless.

Perhaps the UK should look at it this way. If Westminster passes a result that locks the UK into the EU, requiring the latter’s unilateral approval to leave, maybe Brits should show the same exact disdain for legal process and choose to ignore it when it suits. What will the EU do? Invade?

Farage: “do you really want me back here?”

Brilliant speech as usual. How on cue were the EU incumbents ready to jeer his remark of “do you really want me back here?” on the basis he recontests the EU elections if the Brexit delay is extended. Of interest note that the EU has published a “No Deal” scenario which does not seek to sink Britain.

As a message to the spineless politicians in Westminster, just get on with what you’ve been instructed to do rather than tell us that you know better. I’ve tried this with my wife and it works wonders.

On a 2nd referendum CM believes the Brits would vote Leave by a bigger margin.

391 vs 242

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UK PM Theresa May had her mildly watered down Brexit proposal scorched to the lower end of expectations at 391-242. The BBC wrote that the plan had “thrown Brexit into confusion” but it couldn’t be any clearer. Leave with No Deal. Any links to the EU contravenes the spirit of the referendum. The BoE has walked back it’s original scare stories of no deal economic catastrophe. What will postponing Brexit do with such a gap? If it were 317-316 one could understand but no motion that tinkers at the edges will be successful if the rift remains this wide.

A special place in hell

Ah, the EU. With comments like this from EU Co-President Donald Tusk it sure feels like a warm and embracing place to return to. Supposedly the 17.4 million Brits that voted to leave the EU are equally deserved of a reservation in hell too. His comments perfectly sum up the manner in which the EU thinks of sovereign democracy. It doesn’t. It proves yet again to the British as to why there is absolutely no need to be part of this unelected federation by the back door.

Leaving without a deal is the best outcome because it is the one which the EU least desires. It is the one which outwardly shows other sovereign nations within the EU that the grass is greener outside. Such a scenario puts massive pressure on Brussels to reform, which is what it should already be doing.

Project Fear continues to make the case for the dangers of No Deal. Even the Bank of England has brazenly promoted the idea that GDP would fall 8% in such a scenario. It is concerning that the central bank could credibly put its name to such shonky projections. Ironic that former BoE Governor Mervyn King believes the opposite.

Do we not question as to why PM Theresa May – who should have already resigned – heads back for the umpteenth time to the renegotiation table, the EU has flatly rejected within 5 seconds of an amendment proposal being floated? So much for open dialogue and discussion. Recall the first version of Brexit was signed off by the EU inside of 45 minutes.

Why would the Brits want to be part of a body that flatly refuses to yield any ground on anything? Anyone with common sense can see that locking the UK inside the customs union is not only a betrayal of democracy but a sure fire way to trade itself into a worse position than it began with. It’s like requesting the EU to lock them in prison, hand the keys over to the Brussels guards and believe they will be let out when they’re ready to go.