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Ear to the Ground

Britain Stands Alone After EU Veto

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Posted on Dec 9, 2011
Flickr / DFID - UK Department for International Development (CC-BY)

British Prime Minister David Cameron speaks at the opening of the GAVI Alliance conference in London in June.

If pushing away from the European Union was British Prime Minister David Cameron’s goal in making the U.K. the only nation in the region to veto a proposal to renegotiate the EU treaty, he got what he wanted Friday. His move drew praise from conservatives concerned about Britain conceding sovereignty but raised some major concerns among his opponents.  —KA

The New York Times:

Prime Minister David Cameron’s fateful decision to veto the idea of renegotiating the European Union treaty on Friday has left Britain as isolated as it has ever been in postwar Europe and effectively left out of future European decisions.

In marathon negotiations, European leaders agreed early Friday on a package of measures that would enforce greater fiscal discipline among member countries but at the expense of ceding some sovereignty over financial matters. They had hoped to gain approval from all 27 members of the European Union but after Mr. Cameron’s veto, had to restrict the agreement to the 17 members of the euro zone.

Mr. Cameron was asking for an exemption for Britain’s vital financial services industry from future regulations that might hurt its competitiveness. After he was rebuffed, he said he had no choice but to exercise his veto. Given the virulent anti-European mood in his Conservative Party back home, many here seemed to agree.

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Lafayette's avatar

By Lafayette, December 12, 2011 at 4:51 am Link to this comment

e2: Will the citizens of those states who have delivered their economic (and, thus, their political) sovereignty into centralized command will think it’s such a great idea when the dictates start coming down?

And which states are those?

Evidently you mean the EuroZone states who have benefited handsomely from the integrated market of the EU. And then some, that is, by funding their profligate spending by overusing a debt privilege, which has come home to bite them in the arse.

In fact, the EU states have far more soverignty, for what it is worth, than any one of the United States. It is the reverse of the pyramid that exists in the US.

There is NO central government with one leader in the EU and only a joke of a parliament. There are treaties but no EU constitution and any decisions made by either the Commission or the Parliament must first be integrated into national legislation.

Which is always the case, but does not degrade to any great extent national sovereignty. What IS national sovereignty, after all?

Is it the ability to spend mindlessly and run up a ginormous debt? Of is it the ability to Nuke Another Nation?

A citizen of any EU nation has similar freedoms of any “sovereign American”. S/he may work in any EU country as long as they accept to abide by its national laws. Big deal.

Sovereign does not mean “national freedom”. (China is a sovereign nation.)

It means, actually, possessing ultimate power. Frankly, how is that any different today? Does anyone really think that Britain, not a member of the EuroZone, will be treated any differently by the Credit Rating Agencies?

Queen Elizabeth is not THAT sovereign!

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Lafayette's avatar

By Lafayette, December 12, 2011 at 4:36 am Link to this comment

tapxe: European Debt crisis?  please, this is still the uSSa derivative toxic instruments debt crisis which has sucked all the oxygen out of the markets

I’ll only remark on one line out of this fetid post, which I would otherwise not touch with a ten-foot pole.

The Toxic Waste had very little to do with the European crisis, which was more home-made from years of profligate spending by national governments.

Not one SubPrime Loan was generated in Europe - not even by Ireland in its realty boom. The noxious ideas of creating/packaging Toxic Waste and “securitizing” it to the world was born and bred in the US of A (A for Asinine) by the greedy denizens of Wall Street.

The rest of your rant is worth zip, zilch, nada, nuthin, tipota, rien, niente.

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By diamond, December 10, 2011 at 1:58 pm Link to this comment

David Cameron is Margaret Thatcher in a pin stripe suit. That will become more and more obvious as time goes on. Of course he couldn’t agree to regulate the tax haven that is the City of London. Most of the derivatives in the world begin their lives in London’s financial district. He has always made it clear that he has no intention of getting rid of derivatives or of regulating the financial sector in any way. It’s to Britain’s detriment that they won’t be part of the United States of Europe. The Tories and most Britons have already forgotten what a desperate little backwater Britain was before it joined the EU. They want to have their cake and eat it too but this decision will come back to bite them in the rear end further down the road. If time wasn’t of the essence the others could have said, ‘You’re either in or you’re out, make a decision’, but arguing with the Tories is always a waste of time anyway. Cameron claims he’s protecting Britain’s interests but he’s protecting the interests of the 1% he was elected to serve.

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entropy2's avatar

By entropy2, December 10, 2011 at 1:27 pm Link to this comment

Give it some time. Will the citizens of those states who have delivered their economic (and, thus, their political) sovereignty into centralized command will think it’s such a great idea when the dictates start coming down? We’ll see.

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Lafayette's avatar

By Lafayette, December 9, 2011 at 11:35 pm Link to this comment

Britain during the Victorian period: “Britain rules the waves”

Britain today: “Britain waives the rules”

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By tapxe, December 9, 2011 at 8:59 pm Link to this comment
(Unregistered commenter)

england was never european but the atlantist fifth column.

it’s the anglo-ameriKan vermin that’s the problem.

the brits only joined Europe (not the euro) to throw monkey wrenches and force Europe to take in all the non vialble former soviet satellites…  not for European economic integration but for amerikan military strategic interests or full spectrum dominance if you prefer…  rendering Europe as economically non viable.

Another example…  this whole thing about Turkey joining Europe, nobody in Europe wants that…  except the brits at the urging of the warmongering ameriKans.

European Debt crisis?  please, this is still the uSSa derivative toxic instruments debt crisis which has sucked all the oxygen out of the markets… making domestic financing in Europe difficult.

what gall, or should I say chutzpah for that’s more who they are anyway…  blame the victim.

You didn’t know cameron is a jew?

(also uSSa and london market manipulations…  example?  Germany can’t sell a third of its bonds last week [much msm bla bla about that] but none about the fact that Italy 2 days later sold everything with no difficulties whatsoever [not an msm peep]  [and it’s not a question of interest rates, these bonds are sold at a discount, the market sets the i% rate], thus the only possible conclusion:  anglo-uSSa market manipulation.  To do what?  to make Germans budge and give in on monetizing uSSa toxic instruments debts via Euro Central Bank:  translation make the peons in Europe pay for ussa-anglo financial fraud.

fuck the brits and their degenerate breathen the ameriKans. Fuck ameriKa and its war and colored revolutions and its detruction of its own worthy and revered Constitution.

But the Euro is cooked, for the 1% it’s a necessary political cover for the planned and engineered dollar’s demise.

You’re gonna love 2012.

Sleep well goyim peons.

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By ejreed, December 9, 2011 at 7:05 pm Link to this comment

In any case at least the British Navy is having some
fun.
British Warship’s Christmas Video a Smash Hit
The crew of a British warship have created a viral
smash hit by miming to the words of Mariah Carey’s “All
I Want For Christmas Is You.”
http://www.newslook.com/videos/379915-british-warship-
s-christmas-video-a-smash-hit?autoplay=true

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