Monday, 12 December 2011

Who is the winner?

Britain may now be out on its own in Europe, Cameron has used his veto to protect the city of Lindon's financial institutions, but has he been out manouvered by Sarkozy. Be that as it may has Cameron failed in protecting the banks? The Tobin Tax could be introduced through other means, through the back door under majority voting. The French are corrupt, if things don't go their way, they used the veto to prevent Britain joining the European Union in 1963 and 1967 on both occasions it was used by the French to protect their financial interests especially those concerning the Common Agricultural Policy that was always to the French advantage, so the words kettle, pot, black, pan, spring to mind. Also the EU budget hasn't been signed off for the 17 years. Fraud within the EU is now running at £1.6 billion up 25% from last year. the UK is the fourth largest contributor to the to the EU's funds. This new proposed pact will cede further legal, financial and political powers to unaccountable institutions that are renowned for corruption. Perhaps some of these countries that are in the Euro Zone should look more closely and see what Sarkozy and some of his friends are really up to before it is financially to late. Cameron made a mistake using his veto Britain's  voice needed to be heard  even if its to warn against this growing corruption that is going un-investigated as the past 17 years proves. As for Germany they have the past that still weighs on their conscience and I believe that they are trying to do the best for Europe whilst France is trying to do what is best for France, as they always have.

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