Sunday, 16 October 2011

The ESM & Conservatives

Here is my comment on the Minister for Europe David Lidington's blog (which also has a video of him "explaining"...):


This "European Stability Mechanism" is not just about "adjusting the accounts" of the Eurozone. Read it!
It sets up a body with the power to draw in unlimited funds from its member states - ie tax-raising powers.
This means it will be a government.

The EU will be transformed, there will be one huge government for the Eurozone, and ten small governments for the non-euro countries (including UK). And after 2014 this single government will have the power to impose its will on the others by qualified majority voting. Even if they all vote against it, it will prevail.

It'll be like the old USSR which controlled the countries of the Warsaw Pact. We will be satellites.

And what is more, the governors, directors, and staff of this ESM will have immunity from civil actions and from criminal proceedings - they will be above the law. And they will rule us.

So by allowing this treaty change to take place, which will enable all this to be set up, a colossal and definitive transfer of sovereign powers from the UK to Brussels will occur.

Lidington is being very "economical" in not telling us any of this.
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On 14/10/2011 14:14, Idris Francis wrote:


Europe Minister David Lidington has said that the UK will not hold a referendum on the limited treaty change designed to introduce the European Stability MECHA set to succeed the EFSF IN 2013, since it will only affect the eurozone, and therefore does not trigger a public vote under the coalition government’s ‘referendum lock’.

Express FCO FCO statement



New on the Open

David Lidington

Minister for Europe, London
Posted 13 October 2011 by David Lidington | 12 Comments

The Foreign Secretary has today made a statement to Parliament which explains the Government’s first use of the European Union Act 2011. This use of the Act is required by the proposed treaty change to enable Eurozone countries to set up the European Stability Mechanism, which aims to secure economic stability in the Eurozone countries (not including the UK).

The European Union Act 2011 requires a referendum in the UK if this - or any future Government - agrees to a new European treaty, or an amendment to existing treaties which transfers powers from the UK to the EU.

Our assessment, explained in the Foreign Secretary’s statement, is that the treaty change to enable the establishment of the European Stability Mechanism does not require a referendum in the UK, as it affects only the 17 countries which are members of the Eurozone, and not the UK itself.

Economic stability in the Eurozone is of course in the UK’s interest, as over 40% of our exports go to Eurozone countries. Prolonged economic instability in the Eurozone would be bad for British prosperity and growth, which is why we support the introduction of the ESM.



13 October 2011