Monday, 9 May 2011
Referenda
Now that the referendum on the AV system has been held there is to be another one in Scotland on independence but where is the referendum on getting out of the EU? This is going to have to be held at some point and frankly the sooner the better. The festering boil of hatred for the EU needs to be lanced so that we can then get on with those important things in life like pushing through the Doha round and ensuring that the euro is brought to an end. Frankly it is a disgrace that the Germans, in order to support their banks which stupidly bought bonds issued by the PIGS, insist on the PIGS bankrupting themselves rather than take a loss on the bonds. Better for all to allow the bonds to be devalued rather than risk total default which is going to happen with Greece going first. We should help this process along by refusing to subscribe to any further bail out.
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