Over the Weekend: The Oligarchy's Fear of Brexit Becomes Palpable
As the "Brexit" vote looms, the Oligarchy's big guns began firing
furiously over the weekend. The New York Times splashed this absurd
headline in its once reputable weekend publication:
Similar elitist cant spouted in more or less equal measure and pressure from Bloomberg, the Wall Street Journal, Reuters, etc. The oligarchs won't tolerate British citizens changing a laboriously constructed European order that concentrated power in Brussels where its EU pooh-bahs spit our rules and regulations to be dutifully followed by Europeans of every stripe. (Reminder: "Brexit" is the nickname given to the proposed vote to exit the European Union.)
We must remember first, that an entrenched bureaucracy will hardly ever be reduced in numbers and power, never mind eliminated. And the EU has spawned just such a bureaucracy. (Talk of dismantling "Obamacare" must be seen in this light as well. It won't substantially happen now that a huge bureaucracy is in place.) These people will scratch, hiss, roar and bite like wild cats until they cow the objects of their disapproval, in this case the British people.
The big sledgehammer dragged out over the weekend was the purported "collapse" of house prices if Brexit prevails. How the calculation was made is unknown, but it was reported that house values would instantly drop by 18%. And if that one doesn't change the tide enough, more will follow.
But back to the Times' headling, do you really think Britain's economy will "sink." As in any circumstance of change, some adjustment will follow if the Brexit vote wins. But does that mean inevitable "sinking" or "collapse"? And even if there's some negative impact, will it necessarily last beyond some interim period of adjustment. People, left to their own devices, do have a history of adjusting to change, and naturally they will at least try to adjust in a positive manner. They will seek ways to make things better not worse. Unless their overlords clamp down and prevent them, ways will be found to make their economy function, and maybe even function "better." Of course, better might not mean better for the oligarchs currently in power. And that's the reason for the near-hysteria now building over this vote.
We should all extend our best wishes to the Brits. And while the idea that a Brexit vote will actually have a strong positive impact will likely be more wish than reality, even if it happens (remember the socialist and corporatist forces will remain ensconced in power and keep dragging on the British economy just as they do here in the U.S.A), we can all wish for the best in any case. If nothing else, a Brexit vote will take the EU overlords down a peg, and that can't be a bad thing.
‘Brexit,’ a Feel-Good Vote That Could Sink Britain’s Economy
Similar elitist cant spouted in more or less equal measure and pressure from Bloomberg, the Wall Street Journal, Reuters, etc. The oligarchs won't tolerate British citizens changing a laboriously constructed European order that concentrated power in Brussels where its EU pooh-bahs spit our rules and regulations to be dutifully followed by Europeans of every stripe. (Reminder: "Brexit" is the nickname given to the proposed vote to exit the European Union.)
We must remember first, that an entrenched bureaucracy will hardly ever be reduced in numbers and power, never mind eliminated. And the EU has spawned just such a bureaucracy. (Talk of dismantling "Obamacare" must be seen in this light as well. It won't substantially happen now that a huge bureaucracy is in place.) These people will scratch, hiss, roar and bite like wild cats until they cow the objects of their disapproval, in this case the British people.
The big sledgehammer dragged out over the weekend was the purported "collapse" of house prices if Brexit prevails. How the calculation was made is unknown, but it was reported that house values would instantly drop by 18%. And if that one doesn't change the tide enough, more will follow.
But back to the Times' headling, do you really think Britain's economy will "sink." As in any circumstance of change, some adjustment will follow if the Brexit vote wins. But does that mean inevitable "sinking" or "collapse"? And even if there's some negative impact, will it necessarily last beyond some interim period of adjustment. People, left to their own devices, do have a history of adjusting to change, and naturally they will at least try to adjust in a positive manner. They will seek ways to make things better not worse. Unless their overlords clamp down and prevent them, ways will be found to make their economy function, and maybe even function "better." Of course, better might not mean better for the oligarchs currently in power. And that's the reason for the near-hysteria now building over this vote.
We should all extend our best wishes to the Brits. And while the idea that a Brexit vote will actually have a strong positive impact will likely be more wish than reality, even if it happens (remember the socialist and corporatist forces will remain ensconced in power and keep dragging on the British economy just as they do here in the U.S.A), we can all wish for the best in any case. If nothing else, a Brexit vote will take the EU overlords down a peg, and that can't be a bad thing.
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