WHAT’S THE BILL FOR BREXIT? A MODEST PROPOSAL AND MEMO FOR PRIME ...
Just when you thought it was safe to venture out of the European Union box, you get presented a bill for 50 Billion pounds, according to this story shared by Mr. R.M.:
UK faces Brexit settlement bill of up to £50 billion, sources say
There's something here that grabbed my eye, and it presages a looming fight between London and Brussels. Consider these statements carefully:
The calculation is believed to include the obligation for the UK to pay into the EU Budget until the end of 2020, having signed up to the Multiannual financial framework already, as well as the UK's share of outstanding pensions liabilities and other payments associated with loan guarantees.
The Czech Republic's Europe minister, Tomas Prouza, reportedly said the huge sums were "only things the UK has already committed itself to paying”.
When asked if British people should expect a bill worth tens of billions of pounds, Mr Prouza responded: “Definitely.
“This is what the UK has already committed to pay, and we would expect that the UK would honour its commitments. It will be one of the first issues coming up on the table.”
Downing Street said the UK would meet its obligations while it remained a member of the EU - but any financial settlement after that would be a matter for negotiation.
“Decisions on how UK taxpayers’ money is spent will be decisions for the UK to take moving forward,” a No.10 source said. (Emphasis added)
In other words, the Brussels bureaucrats are dictating that London has to fully honor all its EU commitments to 2020, even if it leaves the EU before then, and that includes Brussels telling the UK how it is going to spend that money. And London, of course, is saying, in effect, that the idea that Britain would have to continue to pay full membership obligations are that it is no longer fully a member after leaving the EU is "just plain barmy!" Of course, London has a point: if the U.K. leaves the EU say, in 2018, why should it have to continue paying its full "membership dues" to a club it is no longer a member of, and doesn't want to be a member of?
Of course, the Brussels bureaucrats will carry on like American snowflakes after the last election, howling about the unfairness of it all, and they'll put some teeth to those howls, and make the BREXIT as difficult as possible for the May Government. One can indeed view these pronouncements as perhaps a bit of the beginning of a financial war with the upstart country across the channel (just who do they think they are, anyway?).
But here's my brief high octane speculation of the day, and we can call it:
MEMO TO R.H. PRIME MINISTER THERESA MAY:
Madame,
You may wish to consider the following course of action to deal with the whining bureaucrats in Brussels, who now appear to think themselves as being the Inland Revenue for your country, and wanting to exact as much punishment from its recent sane decision to leave the hyper-regulated EU by presenting a bill for billions in sterling with no apparent terminus post quem.
I would recommend hitting them where they live: halt all flows of monetary obligations in the form of payments to the EU, and place them in escrow accounts in various banks, which will be released when the idiots in Brussels come to their senses and realize "they lost". Those monies can then be released to Brussels upon the successful conclusion of negotiations, which I'm quite certain will convince them to do so quickly. This will no doubt convince even the stupidest of bureaucrats in Brussels that foot-dragging and obstacle building to BREXIT is only hurting them.
Just a thought.
Have a nice day.
Respectfully,
Joseph P Farrell
See you on the flip side...
16 Comments
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Present the bill to the Queen. That woman can simply hock one of her many crowns and still not feel the pinch. After all the Windsor’s are the richest people on the planet… and they still can’t stop thieving from the British people.
50 Billion, where did they get that figure from ?????
Brussels is drowning in it’s own BS, and those dudes have forgotten “WHO” the UK is !!!!!
London is not to be messed with, there is a lot of power behind those doors in “THE CITY OF LONDON”. And don’t forget where they came from, first Amsterdam, and before that VENICE…………………..OOPS, Brussels just got checkmated.
Another trap is the “European Stability Mechanism” with its Orwellian name. But as you say, in the real world any supposedly unchangeable treaty can and must be changed if the vital interests and survival of a party are at stake. That is if the political class of the country concerned WANTS to protect these vital interests, which may not necessarily coincide with their own personal power plays…
The European Union is a fantasy run by overgrown children who think they’re adults. Germany house of cards is fast collapsing the Fourth Reich is dying faster than the Third Reich the sooner it crashes and burn the better.
Is this part of the TTIP agreement?
Where you pay because you passed something in to law that costs the international corporate fascist money –
and they sue you for profits they would have incurred had you not signed it into law?
Should you pay it. That depends on if we’re a people’s government or part of the corporate fascist conglomerate; in which case we debit the public side of the ledger and credit over to the private corporate fascist side of the conglomerate.
Let Brussels eat GMO cake!
LOL!!!
OOPS! Soooo sorry, I hit the ‘report comment’ by mistake! Arrgghhhh . . . Anyway . . .
Hear! Hear! to your comment mercuriAl
I’d say it’s time to move up that time table to the end of 2017 or sooner and tell the EU to stuff it.
If I was them I would simply leave and pay nothing. The UK imports more from the EU than it exports. If they stop the UK from exporting to the EU the UK should do the same and this will bring Germany and France to their knees as they never recovered from the Russia sanctions. In addition London is the financial capitol on the planet, not Frankfurt so if capital is turned of there goes the EU quicker than it already collapsing.
If I were the Brits, I would take the funds out of their immigration budget. Or, I would engineer a covert action to make the euro currency much weaker, say, start a tremor in some of the continental European banking sectors in combination with anti- EU color revolutions in Spain, Italy, France and any other recalcitrant member of the EU with the end game not just ease of payment of these membership dues but possible pound sterling hegemony of all of Europe. Once the pound has reasserted itself as a a reserve currency in at least Europe and the rest of the EU members’ economies are in shambles and desperate for cash inflows, I would start buying up their naval ships at discounted prices until I had enough ships to blockade India and extract tribute. Following this I would reclaim the Suez canal and parts of the Levant. I would then move my navy to the South China Sea and flex my muscles– retaking Hong Kong and Singapore and possibly liberating Shanghai from Bejing’s control. When this was accomplished I would turn eastward and seize the Panama Canal. I would probably avoid Jamaica, or maybe load the Jamaicans on boats and dump them in Germany if Angela Merkel was still in power. Then I would quietly sail up the East coast of the United States and attack Washington DC while everyone was watching the Superbowl.
Or, engineer a super volcano explosion in say,
Naples?
https://ellenbrown.com/
Whatever you think of Victoria “Cookies” Nudelman, she certainly had it right about the EU.
Agreed 100%. so called Free trade within the EU is anything but free, incurring heavy monetary, political and social costs including the loss of members’ control over their own borders and loss of the right to negotiate trade deals of their own with countries outside. This whole EU free trade claim has to be one of the biggest lies ever.