Monday, May 30, 2016

End of the Estasblishment?

One thing the so called referendum debates on UK EU membership have demonstrated is how in thrall we have become to corrupt establishment elites and captured compromised institutions whether they be the EU itself, the OECD, the Bank of England, the Institute for Fiscal Studies, the CBI all of whom seem to be in some way subsidised by the EU. How marvellous it would be if the British people were to stick a collective two fingers up to the lot of them and voted to leave. In one fell swoop all those institutions would be reduced in stature,their influence diminished considerably leaving them permanently discredited as they deserve to be.

These self same rotten to the core institutions failed to predict the biggest recession in a generation and indeed contributed towards it by their misguided policies and recommended Britain join the Euro another doomed venture, supported British membership of the ERM mechanism and have given consistently wrong predictions over the years.

A Brexit vote would devastate the establishment elites and change not just British politics irrevocably but the whole Soviet style EU construct and could even a trigger its complete collapse. Bright confident morning again!

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