#europeanunion

Comrade Corbyn, the next British PM?

Something has been burning in the back of CM’s mind as the UK election looms this week. While polls point to the Tories winning, Corbyn is likely to do way better than what the pundits predict. Could he end up as PM? It is not an impossibility. In fact, the odds are increasingly in his favour. CM thinks Corbyn might actually do it.

While it is true that 1.3mn more people voted to leave in the largest ever democratic process in UK history, almost 13mn people didn’t vote on the basis they probably assumed it was a foregone conclusion. CM fundamentally believes that referendum results should have been respected regardless. Not showing up to vote is no excuse. None-the-less we now have a ‘youthquake’ who are desperate to overturn the referendum result to consider.

Of the 18.6mn that couldn’t vote in the referendum in 2016, official figures suggest that 3.85 million registered to vote between the day the election was called on Oct. 29 and Tuesday’s registration deadline — two-thirds of them under the age of 35. The youth seem far more preoccupied with socialism than their parents. While it is safe to assume that not all of the 13mn that didn’t vote were remainers, the youth could well be a decisive factor.

CM detests pretty much every policy that Corbyn espouses as it would be a total disaster for Britain in terms of future investment and immediate capital flight. Yet young kids being offered free everything lack the lived experiences of pre-Thatcher socialism and the economic calamity that ensued. They are utterly clueless in this respect. Yet Corbyn sings all of the woke causes of climate change, social justice and equal outcomes. They are on his side.

How well do millennials know their tyrants? A CIS study in Australia showed that 58% of millennials had a favourable view of socialism. Unfortunately, 51% did not know who Chairman Mao was. Another 32% did not know Stalin and 42% hadn’t heard of Lenin. If we combine with “know but not familiar” with “don’t know” we see almost 80%, 66% and 74% respectively. Oh how wonderful to learn in school about three men whose social policies led to the deaths of 10s of millions. With Marxist teachers rife throughout academia, Corbyn will have a plentiful stock of willing comrades in his back pocket.

Still, as much as the press smears the socialist opposition leader, UK PM Boris Johnson has been the man who has been looking to avoid confrontation at all costs. Surely if BoJo possessed a winning hand and held a superior manifesto, why wouldn’t he show up on the popular BBC programme hosted by Andrew Neil to state his case? It is a terrible look. Neil eviscerated Johnson without the PM being there to defend himself. Worse for BoJo is that his video went viral. What have you got to hide PM?

Corbyn could well snatch victory.  If the Tories take the attitude of former PM Theresa May’s snap election in June 2017 they should beware the barking electorate. Don’t forget how well Corbyn did in that fight.

CM stated in May 2017 the following,

“The first thought to come across CM’s head when Theresa May called this [June] election was, “bad idea.” This hubris she’d romp home may prove yet again how out of touch many politicians are with their constituents and how one must never believe in polls. I think she scrapes home but for now, wants the nightmare over.”

History revealed she scraped home with the help of the DUP. The EU has masterfully engineered delay after delay to keep the ‘remain’ dream alive. Now the youth have gathered steam as registered voters, they could well hand the EU a gift that will keep its Ponzi scheme alive.

When will politicians realise that being less worse no longer cuts it with the electorate? They are sick of the self-interest of the political class. They want to blow it up. Johnson has not looked good and the Brexit Party, which might have smashed the European elections, looks as though it does not have the traction it had hoped for. It could underwhelm.

Many of the Labour MPs may have ignored their elderly constituents but it would be a safe bet to say that the ultimate outcome in these so-called “betrayed” constituencies is anything but a doe deal to shun them.

Polls are damned near useless now. They failed to predict Trump. Failed to pick Brexit. Why put faith that the UK pollsters are any closer to the mark?

Politics is a random walk. Trudeau managed to cling on to power in Canada despite being found guilty of two breaches of conflicts of interest, blackface, cultural appropriation and many other gaffes. Clearly, it didn’t matter enough, just as “p*ssy grabbing” didn’t impact Trump in 2016.

Therefore CM expects a much higher chance of a Corbyn PM-ship or at the very least a parliament that puts us straight back where we were before the election – a hung parliament with no rudder and a Brexit that is watered down in such a way that it achieves nothing in the way of that originally intended.

CM sincerely hopes he is wrong on Corbyn. He would be an economic disaster at a time the Tories would have left a troubling fiscal legacy that is nothing to write home about.

If Corbyn wins, the UK will face severe capital flight. The pound will tank. A second referendum will be put forward. The outcomes will be dire. This is not being hysteric in any way. The markets are simply not pricing it in at all.

At least Sir James Dyson of vacuum cleaner fame saw the light. He is a Brexiteer but his lack of faith in the process has already seen him relocate the HQ to Singapore. Many more would follow. After all, if Corbyn wants to control the behaviour of British business on the FTSE and nationalise utilities it will hardly be a fertile ground to invest.

Borixit

Image result for boris gif

If the EU had a mandate to force the British people toward a No Deal Brexit it couldn’t have done a better job if it had tried. The sheer arrogance and meddling from Brussels have only steeled the resolve of many UK citizens. Did it think for a moment these jabs, threats and ultimatums would enamour those residing in the world’s 5th largest economy? All they have done is given the lion cause to roar.

Britons have not been asleep at the wheel but the political classes on both sides of the English Channel have acted as though they have. A further delay to a resolution and a block of No Deal only compound the anger.

This is way more than a Brexit vote – any general election will be about the party who is prepared to execute on democracy.

Those that have done their utmost to thwart the referendum will have a target painted on their back when an election eventually arrives. The Brits don’t want to comprise and they have not forgotten the betrayal. They want out of the common market as David Cameron assured them ahead of the referendum! Brexit is Brexit.

While some might dismiss BoJo as some eccentric Etonian clown, the UK PM has torn the scab off British politics with the proroguing of parliament. For 3 years, the UK Parliament under the weak leadership of Theresa May dithered and floundered in carrying out its duty.

There is a slice of irony to see Remainers march in the streets to protest the proroguing of parliament.  They claim it is undemocratic when it was indeed they who did their utmost to block the will of the people. If we were to truly get to the bottom of the pet gripes of most Remainers, it would likely amount to having to form a line in the non-EU queue at customs of remaining members over any fear of major economic impacts.

Boris Johnson has played chicken with his own party members – who are Remainers – that they’ll be turfed from the party if they don’t back his plans. The flip side is that they will be crucified at the next election anyway. To side with Corbyn is suicide. To side with a Theresa May rehashed deal is a recipe for Torycide. An alliance with Farage is his only hope to end this mess, eventually.

Brexit Party leader Nigel Farage knows that the Tory & Brexit parties cannot split their votes as evidenced in the Peterborough by-election. With no proportional representation voting, we shouldn’t be surprised if Brexit party candidates are put up in every weak Tory constituency and where Tory Remainer incumbents currently sit. For that, Farage can negotiate a No Deal, let BoJo keep the top job and eventually convert his Brexit Party members to become a new look Tory party. Let’s face facts. The Brexit Party is predominantly about leaving the EU. If the job is done, what better way to inject much needed new blood into the Tories than get real Britons from all walks of life in parliament.

All the predictions made by Project Fear have failed to eventuate. No crashing economy or financial markets, no surge in unemployment and no British businesses gnashing teeth at what might come with life outside the EU. If anything the recent G7 looked very promising when reflecting on all of the FTAs which will probably be agreed on.

The latest trade stats between the EU and Britain make this argument pretty simple. EU members make up 7 of the Top 10 British export markets accounting for 37.4% of all trade. Top 10 account for 65.9% of trade. America accounts for £54.9bn while Germany is £36.5bn. Will British businesses fret at exporting more to America?

On the Import side, the UK matters much more to the likes of Germany at £68bn. The Dutch at £42bn and France at £28bn.

In short of the UK ‘s Top 10 importing nations, 8 are EU members. The Top 10 account for 65.7% of the total. Those 8 EU nations make up 48.1% of the total imports into the UK. On what earth would these Europeans seek to cut off their noses to spite their face? 7.13% of Germany‘s exports end up in Blighty.

One might argue that 10% of all UK exports end up in Germany Germany is the UK’s #1 importer and Germany is the #2 destination for British exports. For Germany, the UK ranks #11 importer and #3 export nation. Angela Merkel is not going to throw away a 1% GDP equivalent trade surplus in an economy in retreat. Not going to happen.

The behaviour of the EU has been so predictable. Recall Theresa May’s initial plan took the EU cabal 45 minutes to approve. That ought to have told everyone what a total dud for the UK it would be. How could we forget Emmanuel Macron imposing an October 31 deadline to have BoJo prorogue parliament and have the little Frenchman pull back his Napoleonic bravado seeing that the threat meant the EU had to throw more spanners in the works.

The British aren’t stupid. They didn’t get duped in 2016 by Brexit buses carrying slogans. 17.4mn wanted out. The taunts that people like Trump and Putin were Leavers and Obama and Trudeau were Remainers had the opposite of intended effect. The left tried to use the same tactics in the recent state elections in Germany. They used the idea of Nazism to shame people not to vote for the AfD in the Saxony election. Unfortunately, even malleable 18-29yo voters put the nationalist party top. If a second referendum were held, Leave would win by an even bigger margin.

If Jeremy Corbyn ever wanted to prosecute a case for No Deal he only had to do the obvious – make reference to Trump. True to form, he did. Does he honestly believe that signing a free trade agreement with the US would be a bad thing? Would British consumers and industry truly shun 25% of the global economy which would lower the cost of goods and services?

Corbyn promised to leave the EU at the last election but has since openly become a turncoat and proclaimed he will do his utmost to prosecute remain. At least he has finally become honest.

Let us not forget the facts of the referendum:

Leave vs Remain

Votes – 17.4m vs 16.1m

Constituencies – 406 vs 242

Labour Constituencies – 148 vs 84 (Does Corbyn honestly believe they’ve flipped back?)

Tory Constituencies – 247 vs 80 (Does BoJo really fear the remainers in the ranks?)

Regions – 9 vs 3

MPs – 160 vs 486

When The Guardian and the BBC are in full flight with attacks on BoJo we should take much comfort that their greatest fears will eventually be realised. The media hysteria on the risks of a general election. Australia’s own ABC has written that could Boris Johnson be the UK’s shortest-serving PM?

Theresa May called a snap election when she didn’t need to. She lost her outright majority because she overlooked the fact that the electorate was sick and tired of voting. It was stupid to do so. She was punished for it.

This time, Boris Johnson knows that the electorate is screaming to boot out those that have betrayed the people. Farage smashed the EU elections after only 6 weeks after forming the Brexit Party. His popularity is better than the Tories. Boris can’t be blind to this. Neither are the remainers in his party who are fighting tooth and nail to prevent it.

Yet can he the media stir up enough fake polls to get the 2/3rds majority to call an early election?

Prolonging this outcome only means the peons are busy sharpening their pitchforks so best work to side with the angry mob.

Brexit – Deal or No Deal

As UK PM Theresa May dithers on whether she wants to extend the deadline to buy more time on Brexit, 115,000 people on a Facebook poll want No Deal than the ridiculous half measures being concocted in the Commons. Politicians may think they know best but it is evident that they don’t. People are fed up with inaction.

The referendum was simple – Leave the European Union – Yes or No? There is little grey area – no backstops, no customs union. It was to leave. In the past 3 years, the EU leaders have only made it more self evident that the UK should quit this federalist bureaucracy. To think they approved Theresa May’s first deal inside 45 minutes tells us all how bad it must be for Britain.

CM is for No Deal. The EU needs reform and signing a deal that allows unelected bodies to dictate national terms and conditions only prolongs the necessity to clean house.