Tuesday, June 28, 2016

Why are they surprised?

There were angry exchanges at the European Parliament yesterday where members used undiplomatic language to express their anger at Nigel Farage of the UK Independence Party, who along with Boris Johnson and Michael Gove of the Conservative Party, was responsible for the UK's exit from the European Union, dubbed Brexit. Farage defended himself strongly when he derided other members that they never " had proper jobs " in ther lives. Sounds like India where politicians hang on into decrepit old age because, hey, India is a democracy and people voted for them. But when people boot them out they still wangle their way into the dumping ground of rejected politicians, the Rajya Sabha. " But the main reason the UK voted out was that you have by stealth and by deception without telling the truth to the people of Europe continue to impose on them a political union," accused Farage. The European Union started off as the European Economic Community of 6 nations, France, Germany, Italy, Netherlands, Belgium and Luxembourg, also known as the Common Market. Germany and Italy were the Axis powers and the others were part of the Allies in World War II. Germany was divided into 4 zones of occupation by the US, Britain, France and the Soviet Union and so would have been glad to become part of a trading bloc with their erstwhile enemies. The European Union was established in 1993 by the Maastricht Treaty. Now Germany is the largest economy in Europe, the fourth largest in the world, with the highest trade surplus in the world which gives it the clout to dominate the Union. Starting as an economic union it has become a highly political organisation as it has rapidly admitted new states born from the disintegration of former communist countries in Europe, apparently to enhance peace, so that the EU was awarded the Nobel Peace Prize in 2012. Which is not true because most members of the EU are also members of NATO, a supranational organisation for genocides. Sanctions on Russia was an unnecessary act of aggression for a peaceful entity. Unrestrained movement of people created pockets of stress. " A British plumber is not likely to welcome the entry of an experienced Romanian plumber into the local labour market as this clearly implies a one-way movement in his wages," writes a professor. Globalization has benefited the wealthy while the poor have suffered. Thus, Apple transfers money from the US to manufacture its iconic iPhone in many countries but does not take US workers to those countries. It withholds a large amount of money abroad to prevent paying taxes in the US. Shareholders and company executives gain while ordinary folks lose out. Brexit done, President Trump to follow?

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