Monday, January 28, 2013

As for the EU - well I am "out" - the "performance" since 1973 has been pathetic, and we could do a whole lot better economically ourselves as we proved for over two centuries - although I would not wish for one moment to return to the colonial times. As India and China have shown, it is possible to grow GDP in this environment (check out the EU countries' low comparison base in terms of GDP growth - should be easy to improve upon, one might think...). Comparisons with Norway and Switzerland are not fit for purpose - how about the UK "before" and "after" the EU - in the years when the country's economy was actually being run properly - as opposed to the Wilson/Heath panic mode era..?
A lot of people in mainland Europe are extremely unhappy with the way the EU is run - they could not even get a majority on EU Constitution, for goodness sake - which is why the Lisbon Treaty had to be hastily cooked together. Political over-ambition in Brussels got us to this point, and Europe-wide political incompetence is dragging us back. Time for the populus to speak, and for this cretinous, continued practice of hiring people with no economic background, no qualifications or experience of handling multi-billion pound budgets to run the country to stop immediately. It would be regarded as downright negligent in most listed companies to have such people in charge, and it is utterly unjustifiable when the country's economic welfare is at stake.
A rethink on sovereign governance principles is required, and it needs to start now. Without any pointless bickering about socialiam vs capitalism. We exist in a capitalist society, and not to have our best exponents and experts fully engaged in making the best of this type of environment is a complete nonsense. Removing political parties' right to appoint idiotic, incompetent fools to have a direct say and influence in running the country would be a good start. Let the people elect them based on their cvs and background - i.e. competence and experience - just as the rest of us are judged and evaluated. And that does not mean Chancellors with 3rd Class Honours degrees in Economics, or, as we discovered with the allegedly "bright" Gordon Brown, ex-Economics History graduates, with more awareness about Adam Smith and 18th century economics, (valid though many of those theories may be), than the price of gold on the commodities markets at around the turn of the 21st Century, when Brown sold off all our gold for a song. He would have been fired on the spot for such incompetence in any half-decent business for wilful asset destruction. Or am I being too harsh here...??

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