Britannia Radio

E U BRIEF STOP PRESS! PORTILLO'S SHATTERING REVELATION ABOUT THE EURO BAIL OUT!

Sun, 02 Oct 2011

Did anyone else notice on Andrew Neill's show late on Thursday, the  mind-boggling, wholly new analysis of the euro bail-out provided by  Portillo? That this had never struck him before but had just been  explained to him by some grand economic Guru? This is what Portillo  has only just realised:  The euro bail out is not being done to save the euro, but to transfer  the losses from the banks that made the bad loans (and should  therefore be the ones to lose) to the taxpayers across the EU, who  were not involved.  SUCH INSIGHT! AND SO SOON AFTER THE EVENT!  Sorry Mr. Portillo, but you are, to use your phrase, "behind the  curve" - way, way behind. The people rioting in the streets in Greece  and increasingly elsewhere understood this pefectly well a long time  agon. And to think that once upon a time you were thought to be Prime  Ministerial material.  xxxxxxxxxxxxx  I

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European Union Directives,Regulations and Laws.
 
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Euro debt crisis sets off round of squabbling in German government
http://www.dw-world.de/dw/article/0,,15431757,00.html

 
I don't want to leave the EU': PM will not support a referendum on UK membership
http://www.dailymail.co.uk/news/article-2044316/I-dont-want-leave-EU-PM-support-referendum-UK-membership.html

Euro zone must get ahead of markets: Cameron
http://in.reuters.com/article/2011/10/02/idINIndia-59661520111002

 
"The Mail on Sunday has learnt that the Commons Backbench Business Committee will agree to grant a one-day debate on a referendum after Parliament returns next week."
It will be interesting to see if the Committee keeps its nerve . If it does then pressure has to be exerted on the MPs for the actual vote.
http://www.dailymail.co.uk/news/article-2044211/At-We-vote-Europe-MPs-forced-decide-referendum.html

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Telegraph.co.uk