How outraged do you think you would feel if many of your neighbours had not been as careful with their money as you, run up some pretty hefty debts and because you all live in the same road all the households were responsible collectively for the money owed – and you and one or two other responsible residents were landed with the bill?
This, in a far less complex way, is the situation we have in the European Union. We are all neighbours and for years have generally got on, but because 27 of the neighbours decided many years ago they wanted to ‘pool their sovereignty’ and have ‘ever closer union’, the responsible neighbours are now having to bail out the reckless and profligate in their ranks – this means every British family will have to find £300 this year to bail out Ireland, Greece and very soon Portugal, Spain, Italy and possibly others who have spent their money as if it was going out of fashion. Are our expensive neighbours worth it?
As we cut back and go without such essentials such as the means to defend ourselves, teach our kids and pay for university degrees, we in the UK face a loan and liability cost of £20 billion – is the EU worth it? We all know the answer to that, it is a resounding NO.
The Daily Express in its continued and welcome crusade against EU membership, points out that with additional costs, as the Eurozone goes deeper into crisis, that every family will face a potential bill of £773 to save the EU’s worthless currency. Is the euro worth it? No, of course not, it should be left to die a death so we can all be shot of it.
For those nations who have well and truly landed themselves in the euroshit, they must now be wondering if the EU’s euro was worth it too. Some of Germany’s top financial brains are asking themselves if Germany should remain in the eurozone, they too are questioning if it was worth it – the answer must be ‘nein’.
This, in a far less complex way, is the situation we have in the European Union. We are all neighbours and for years have generally got on, but because 27 of the neighbours decided many years ago they wanted to ‘pool their sovereignty’ and have ‘ever closer union’, the responsible neighbours are now having to bail out the reckless and profligate in their ranks – this means every British family will have to find £300 this year to bail out Ireland, Greece and very soon Portugal, Spain, Italy and possibly others who have spent their money as if it was going out of fashion. Are our expensive neighbours worth it?
As we cut back and go without such essentials such as the means to defend ourselves, teach our kids and pay for university degrees, we in the UK face a loan and liability cost of £20 billion – is the EU worth it? We all know the answer to that, it is a resounding NO.
The Daily Express in its continued and welcome crusade against EU membership, points out that with additional costs, as the Eurozone goes deeper into crisis, that every family will face a potential bill of £773 to save the EU’s worthless currency. Is the euro worth it? No, of course not, it should be left to die a death so we can all be shot of it.
For those nations who have well and truly landed themselves in the euroshit, they must now be wondering if the EU’s euro was worth it too. Some of Germany’s top financial brains are asking themselves if Germany should remain in the eurozone, they too are questioning if it was worth it – the answer must be ‘nein’.
1 comment:
Dear Derek
thanks for that great write up explaining in laymans terminology re the shit we are in. I love reading your blog. Salv Scozzaro UKIP member since June 09
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