Theresa May’s crafty Brexit betrayal
Theresa May wants an election in June. So we’re going back to the polls once more. In true EU style, the rejection of the EU in the referendum wasn’t clear enough. Please vote again…
It might seem like this time is different. When other nations rejected the EU, they were asked to vote again in an attempt to force consent. But in the UK, the predicted bigger Conservative majority means a more likely Brexit, not less.
But this is a ruse. Brexit is in trouble. Just ask financial markets, they know.
Last year the Brexit referendum vote popped the stockmarket and sunk the pound. This time around it’s the opposite. The FTSE 100 fell 2.5%, erasing the gains of 2017, but barely denting the 20% gains since the Brexit vote. The pound surged two cents against the dollar.
Why was the reaction to the coming election the opposite to the referendum if the election means a more certain Brexit?
Because May is positioning herself for a compromise with the EU. And when it comes to politics, compromise means a load of political obfuscation and complication.
We could end up with some weird hybrid partnership worse than being inside the EU. This is good news for big business and their lobbyists who will have plenty of opportunities to cut out loopholes and prevent competition. It puts at risk the bright future Britain could have outside the EU.
We could end up with some weird hybrid partnership worse than being inside the EU. This is good news for big business and their lobbyists who will have plenty of opportunities to cut out loopholes and prevent competition. It puts at risk the bright future Britain could have outside the EU.
It’s not just the stockmarket that is signalling there’s something iffy about the election. The business leaders who campaigned for Remain are happy with the election date, despite the higher probability of Brexit.
Sir Mike Rake, chairman of Worldpay and former CBI president, said, “If the election empowers the Prime Minister to negotiate a pragmatic Brexit with appropriate transitional arrangements it will be worthwhile.” Pragmatic? Isn’t the lack of pragmatism why we’re leaving the EU in the first place?
A bigger Conservative majority means a weaker Brexit because May will have more moderate Brexit backers in Parliament. She won’t have to rely on the controversial hard-Brexit advocates who kept her honest to the referendum
What do you think? Comment below
What do you think? Comment below
I think this is typical of government and big business but at the same time maybe it's also a way of putting in a right wing government and just maybe the people that voted leave will all vote UKIP to send a clear message but we're also being pushed to become a right wing nation whether we like it or not. So it seems the games a foot.
ReplyDeleteThere is a lot of if's, but's and could's here.... My personal opinion is she called the election because she knew the day of reckoning was coming re the dodgy election expenses claims... If they had gone to the DPP and convictions secured she could have had her majority slashed in the House, (bearing in mind the people in those constituencies that were affected would be pretty damn angry and not vote for the Tories), she may have even ended up as a minority government - not a nice place to be when one is trying to negotiate a strong Brexit deal.
ReplyDeleteI don't decry the article which has a lot of senses to it and May is renowned for being a good speaker - and then doing nothing...
The only way around this is for people to vote for UKIP who are the natural watchkeepers of Brexit but they need to shape up and fast otherwise people are going to vote for the Tories, (that would have voted UKIP as she is a very believable speaker and people have short memories), just to ensure that their Brexit comes about. They won't realise they have been duped until it is too late.
Spot on Bluey. the political scamming continues. I can see violent civil action against the politicians if they try to dupe us again.
DeleteI guess that it is up to us all to ensure that our local candidate was/is in favour of a "Clean Brexit" before we vote for them. After all, someone needs to keep the ex-remain boss on course for a deal that the majority voted for in the Referendum.
ReplyDeleteAfter the Referendum the Pound dropped which, we were told lead to a rise in the FTSE. It seems to me logically that the rise in the Pound should lead to a fall in the FTSE. I am waiting for the manifestos to be released before I make up my mind who I will be voting for. I know what I want will vote for the one most likely to deliver.
ReplyDeleteMay is going to give a fairer Britain for all, Aint she ??
ReplyDeleteIf we the 17.5 million who voted to leave the EU do not get what we voted for then I suggest that each and everyone of us only pay half of our council tax each year. The other half of the council tax should be paid into an account for a fighting fund. To set this up and manage it "free of charge" I would be prepared to take one pound sterling from each of you AND I'll put my own pound in. We could do this annaually Updates will be from the Seychelles. What do you think? I've already got my £1 ready.
ReplyDelete