Brexit Update

Britain to end freedom of movement from EU citizens, by Martin Armstrong, 9/7/16

Prime Minister Theresa May of Britain has made it clear that Britain will not accept retaining the EU free movement of EU citizens after the exit. Even traveling from Brussels to London, before BREXIT, they did not recognize Schengen Agreement for free travel. People from Eastern Europe with a Shengen visa did not have access to Britain automatically. With the EU ruling that Apple has to pay more taxes that its deal with Ireland, BREXIT is indeed the only way to save Britain.

Within the United States, the member states compete to get companies to set up in their states and routinely off tax breaks to create local jobs. This is precisely what the European Commission is trying to stop in Europe. As they are desperate for taxes, they do not want companies to relocate getting better deals in Ireland or Greece against France and Germany. The entire objective is to create a virtual communist type state with 100% central planning in Brussels and the people have no means of voting whatsoever to alter any policy.

May will continue to try to negotiate for a single market economically, but Europe is dying rapidly. The bureaucrats are desperate to control everything to retain their jobs and purpose. They are destroying the future of Europe no less the very core of a capitalist system of a free market.

https://www.armstrongeconomics.com/uncategorized/britain-to-end-freedom-on-movement-with-eu-citizens/

Comments

Apparently the voters in the UK have made it clear that they don’t want any more “open borders”. They certainly don’t want any more Muslims taking over cities and no-go ghettos. The next issue has to do with UK voters’ power to reverse EU domestic policy in the UK and regain its long lost freedoms.  Finally, UK voters want their ability to attract corporations and jobs to the UK from the EU when these corporations can operate cheaper in the UK.

UK voters have demonstrated to regain their fishing rights and their gun rights to reduce their crime epidemic.

Since the Brexit vote, the Pound Sterling remains around $1.33 and the Euro has remained around $1.13, where these currencies reset after the vote. When Merkel gets fired next year, Germany may well leave the EU. After that the EU will dissolve.

Norb Leahy, Dunwoody GA Tea Party Leader