Britannia Radio

Simon Heffer in Mail today, labels Cameron: a fifth columnist

Europe is unable to fund the bail-out of the euro, and China won't, saying Europe needs to take fewer holidays and work to solve it's own problems.

And since Merkel refuses to use German resources to bail out the euro, she has turned to the IMF instead. And French IMF Managing Director, Christine Lagarde, seems determined to shore up the euro project and is anxious to provide funding - well she would, being an ex French finance minister with presidential aspirations.

On the other hand President Obama is opposed to boosting IMF reserves to save the euro - very sensible.

Cameron, write Simon Heffer:

'.... told Parliament yesterday, by contrast, that he is happy to do so [provide funding].'

Heffer, deduces: 'This only shows there are fifth columnists everywhere. They are not only Liberal Democrats like Nick Clegg and Danny Alexander, the Chief Secretary to the Treasury, who on Sunday voiced the Government's approval of the IMF supporting the EU's economic colonisation plans.'

How can Cameron be happy for hard pressed taxpayers to fork out huge sums to the IMF for the eurozone in order that Europe's rulers: Germany and France can save the eurozone and force through fiscal union within the zone. This by the way is akin to a huge subsidy to the inner 17 at the expense of the rest, including us.

No wonder Heffer calls him a fifth columnist (or is Cameron just not bright enough to see what a rotten deal he's supporting?)

Fiscal union means we'll have the worst of both worlds. In the second tier, we'll still be ordered to make bail outs, and have to abide by their rules, but will have no influence. We'd be an outer ring colony, with Parliament having no more power than that of a city council.

We should have realised that membership of the EU has meant that only 40% or 50 % of our trade is with the rest of the world (whereas it should be about 80%) - that is the price we've paid for being tethered to a hulk.

If we left, we would not lose the trade we already have with the EU, since they have, and always have had, a trade balance in their favour. Being out, we get the best of both worlds, keep our trade with Europe and increase our trade with the rest of the world (we'll be able to, again, negotiate trade deals with anyone we like).

This would mean increased jobs - (BTW: EU membership has meant about 3 million fewer jobs than we would have had)

The logic, then, is that we must leave the EU entirely, or very soon we'll be stuffed.

Why on earth can't our leaders see that??