Postby TerryC » Wed Nov 17, 2010 5:31 pm
Hi all, I've managed to get to a computer and see you've been contributing in my absense. Seems to me to be 50/50 regarding the EU.
I see our leader is saying the UK will contribute to the £70 billion bail out of Ireland if it is called for. My question is, where have we got £7 billion to go lending it out? I presume we will have to borrow to lend it on, still if it ever gets repaid I suppose we will make a profit??????? I was always told don't throw good money after bad, still governments were never ones to learn lessons from history or do the seemingly sensible thing. Of course Ireland is our 6th biggest trading partner, bigger than all the other EU countries, which means we will suffer if they do go under. The £7 billion won't be all from the UK coffers either, we contribute to the IMF remember, so we'll be into Ireland for a lot more, phew, doesn't bare thinking about does it. I bet our banks are worried, or perhaps not there is always the bank of government top bail them out again if need be! On the matter of exports I thought the EU was our major trading partner, my goodness we haven't been lied by successive governments to support their position have we?
This one size fits all doesn't seem to work does it. The Euro because of the disparate nature of the EU economies is failing badly (perhaps good news for the exchange rate for us Brits with money in the UK). Which leads me onto my favourite subject, one size fits all government will not work either again because of the different nature of the 27 countries in the EU. A law for the UK will not necessarily be good for Rumania etc, you get the picture.
I suggest the UK stages a strategic withdrawal from the EU and simply replace everything that is required with treaties, protocols and understandings, and this is a serious point, I do not believe the UK (or expats) would suffer one jot from a withdrawal. As I've said before Europe needs our goods, services particularly, our knowhow and there is a great big world out there for us to sell to.
I think I might suggest this to the government if David Cameron doesn't already read this forum. (I bet somebody in Brussels has got the name TerryC firmly in their database!!!!!!!!