Wednesday, 23 September 2009

If the EU doesn't want us why bother staying?

I do wish Johan de Meulemeester (didn’t he play Sgt Wilson in Dad’s Army) could be put in charge of the EU for just one hour - long enough to kick us out of Europe and welcome in the Russians.

My how we’d laugh - we get back our fishing grounds and rid ourselves of the CAP. We’d sign up to free trade agreements with the commonwealth and the remains of EFTA - we side with the Americans on liberty and the pursuit of happiness and leave Germany, Belgium et al as vassal states of the new Russian Empire under his holiness Vlad the Impala (never did know why an African goat was to be so feared but there you have it). Oh well - we can but dream.

By the way - the banks acted perfectly legally and perfectly rationally in light of the prevailing policy, which was flawed not only in terms of Central Banks trying to control the price of money/risk in what should be a free market - but also in terms of the US led policy of extending mortgages to those who could not afford them.

This was the root of the sub-prime crisis and was started under Clinton using the state proxy institutions of Fannie Mae and Mac. Even at the time (1999) this was predicted by the American Enterprise Institute to be a policy for disaster (NY Times - http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&scp=16&sq=Subprime&st=nyt).

See also my message to Gordon Brown of March 2009 - http://www.father-ignatius-brown.com/2009/03/message-to-gordon-brown-and-others.html. , and this new book from the Cato Institute - http://www.father-ignatius-brown.com/2009/09/new-book-from-cato-institute.html.

Blessings for freedom, security and no mayo on my chips.

Father Ignatius Brown

http://www.father-ignatius-brown.com/

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