The Establishment Strikes Back – Leave.EU

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Was this the week the establishment fought back? If so, it did little to impede Brexit’s onward trajectory. Perhaps, feeling that the fall in sterling had softened the public’s determination and emboldened by Donald Trump’s tapes the Remainiacs thought it opportune to launch a counter-offensive in the name of sense and sovereignty. If so, it had little effect. ?

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Trump’s now infamous ‘locker room’ chat does nothing to camouflage Hillary Clinton’s serious flaws, similarly a drop in the value of the pound does not act as a sufficient excuse for ignoring the countless reasons why EU membership is bad for Britain,? her businesses, her political system, and her sense of identity.
The Remainers first major jab, in the form of a leaked cabinet document, revealed the Treasury stands to lose out on £66 billion in revenues as a result of Brexit. Not quite a revelation when, as it turned out, the figures are taken from the exaggerated? economic forecasts commissioned by George Osborne for the purposes of project fear. Incidentally, even this document concedes that the economy will continue to grow whether Britain remains in the EU or not.

On Sunday, Shadow Minister for Brexit Sir Keir Starmer called for Parliament to be given a vote on the government’s negotiating position before Article 50 is triggered, a call that turned into a cacophony as the week progressed. On Thursday a case lodged by a City fund manager for a parliamentary vote reached the High Court. Many proponents of this idea point to the ‘irony’ that we are leaving the EU to make Parliament sovereign again, yet Parliament is being denied sovereignty over Brexit. Perhaps they should be reminded that there is no greater expression of popular sovereignty than a national referendum featuring a record turnout. Parliament has been cut out of the equation in a wholly democratic manner, if only it would happen more often.

Not to be defeated by straightforward logic, in addition to Sir Keir’s demands, the Labour party published a list of no less than 172 questions on the terms of Brexit for the government to answer. As a compromise, the Prime Minister offered a debate in the Commons, here’s hoping she doesn’t make a habit of meeting her opposition halfway when it come to the article 50 negotiations.

Next in the ‘look at how expensive Brexit will be’ stakes was the projected sum of €20 billion that Britain will be asked to pay out as part of the divorce to settle decades of accumulated liabilities in the form of pension pledges and commitments to infrastructure projects as an EU member. Hardly a significant lump sum considering Britain’s annual EU budget payment stands at around €20 billion and will continue to rise so long as we remain in the EU, all the more reason to make an early escape.
“It’s war. If you don’t like it, change the rules. The In campaign was funded by Goldman Sachs, JPMorgan and a bunch of disreputable corporates. What’s worse? Why shouldn’t I fight for what I believe in? To me it’s a matter of life and death for my country. We either get back control of our destiny or not.”

-Arron Banks
Check out our selection of articles published on Leave.EU this week, including our roundup of the week’s top stories on the economic front. We also recommend that you visit our daily news update page for the latest on Brexit and going global.

Dr Liam Fox’s vision for a powerhouse Britain trading around the world was given fresh life this week with encouraging news from China and Norway, confirming that the two nations are interested in maintaining an active dialogue with the UK around trade with the Chinese ambassador to London hailing the new opportunities opened up by Brexit for enhanced trade and investment cooperation around the world.

The Chinese ambassador Liu Xiaoming told an HSBC forum that Chinese businesses were keen to continue investing in an independent United Kingdom, while Britain and China struck a deal to increase vital air traffic between the two countries – boosting the amount of passenger flights and cargo shipped between two major economic powers. Meanwhile Remain campaigners were left embarrassed after pouncing on an implausible story that Norway – whose largest export market is the UK – were disinterested in trade with a sovereign Britain, only to have the story rubbished by British and Norwegian authorities.
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The media appear more interested in pigeonholing the outcome of the Brexit negotiations into one of two categories, hard and soft, limiting their assessment of the situation to discussions over statements made by Theresa May and her ministers, and neglecting to examine the negotiating conditions that will play a crucial role in shaping the eventual outcome of the Article 50 negotiations.
Leave.EU therefore takes the opportunity to fill in the gaps. First, a cleaner departure from the EU is more likely, not only because of the strong positions (so far) taken up by May and Chancellor Merkel, but the limitations imposed by the terms of Article 50.

A harder Brexit, namely leaving the EU and its internal market, but with an agreement to keep import duties at zero and retain some mutually beneficial instruments for the services sector, is also the outcome that will suit Britain’s economic, political and social needs best. Staying within the single market does not merit consideration, to do so would be to remain in the EU and to perpetually ask ourselves why the common will of the electorate as expressed on June 24th was never answered.
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The leading candidates in November’s vote to elect a new President of the United States clashed last weekend in the second of three televised debates. The event took the form of a town hall debate, with candidates taking questions from voters in the audience. Mr Trump fought for his political life after the release of a compromising tape documenting unguarded comments made about women over a decade ago and came out swinging, hitting his Democrat rival on a history of scandal he had left untouched in the first debate.

If Republicans were disappointed with the billionaire real estate tycoon’s performance at the first event, they were much more pleased with his pugnacious performance on Sunday – with UKIP leader Nigel Farage comparing his stage presence to that of a dominant silverback gorilla. Mrs Clinton’s campaign must have thought the tape would kill Mr Trump’s chances of reaching the White House, but it appears to have reinvigorated the candidate and reawakened his political bloodlust.
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Foreign Secretary Boris Johnson has become the most high profile figure to back a campaign to commission a new HMY Britannia, following the retirement of the original vessel in 1997 when Tony Blair refused to fund a replacement. Boris joins nearly 100 Tory MPs who back the move to restore the yacht, and recently sought private donations for the vessel at a meeting of Tory donors during his party’s annual conference.

Former Defence Minister Gerald Howarth praised Mr Johnson’s intervention, highlighting that he “is clearly in a very strong position to judge the value of such a project”. The vessel could be useful for British diplomacy, particularly as the pressure now mounts for the government to seize the opportunity of Brexit and strike lucrative trade deals around the world. Before the original yacht was retired, it was estimated to have helped win trade deals worth up to £3billion between 1991 and 1995.
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The Bad Boys of Brexit Book
edited by Isabel Oakeshott

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