MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘European Union’

The EU, Not Brexit, Killed British Steel | Mises Wire

Posted by M. C. on May 30, 2019

Cap and Trade-killing industry to prop up government sponsored boondoggles.

Rent-seeking is a concept in public choice theory as well as in economics, that involves seeking to increase one’s share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality,[1] and potential national decline.

Attempts at capture of regulatory agencies to gain a coercive monopoly can result in advantages for the rent seeker in a market while imposing disadvantages on their incorrupt competitors. This is one of many possible forms of rent-seeking behavior.

https://mises.org/wire/eu-not-brexit-killed-british-steel

On 22 May 2019, British Steel announced that they had become insolvent and the company entered receivership with the UK. The explanation provided for this failure is that British Steel is a victim of the UK’s decision to exit the European Union’s bureaucratic fold . On the surface, this appears to be true, as the company stated that orders from the continent have declined due to uncertainty over the exit process that the UK Parliament has dragged out over the past three years. However, if we dig deeper, we find that it was the EU, not the Brexit decision, which killed the company.

European Overregulation

If we look at the company’s latest annual report, we find that the company went from a profit of £92 million in FY ending 2017 to a £19 million loss in FY ending 2018. To douse water on the Brexit claims, the company’s revenues actually increased 11% year-over-year. The real problem was the company’s expenses bloated by a tremendous 25% over the same period. The steel production process is energy intensive, so a significant portion of this price increase is related to a sharp spike in energy prices in the UK over late 2017 to early 2018. The second major cost driver is British Steel was no longer able to delay paying for the EU’s mandatory cap-and-trade policy. Under the cap-and-trade system, companies were able to pull forward future credits to pay for current years. British Steel’s future credits ran out in 2018 and were facing a £100 million bill to cover their 2018 charges. This amount represents a full 10% of the company’s annual revenue base and was so large that the company requested the British Government to provide a loan to cover the costs as the company only has around £5 million in cash to make such a payment. A good deal of the aforementioned energy price spike is also related to the EU’s cap-and-trade regime becoming more aggressive as it moves into the 2021-2030 phase of the program .

British Steel would have become financially insolvent on 22 May 2019 even had the UK voted to remain in the EU…

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European Union Launches Its Own Online ‘Fact-Checker’ to Fight ‘Europhobics

Posted by M. C. on April 8, 2019

The EU is fact checking to keep you from stumbling upon the truth yourself.

This is like Hillary Clinton or Richard Nixon censoring fact checking what we hear.

https://www.breitbart.com/europe/2019/04/07/european-union-launches-its-own-online-fact-checker/

by OLIVER JJ LANE

The EU has set up its own “fact checking” service in order to combat the spread of so-called “fake news” ahead of May’s European elections.

The new ‘Decoders of Europe’ site, based on the Boulevard St Germain in Paris, seeks to “answer a series of questions or accusations, explaining what constitutes the reality and sometimes the complexity of European policies. Beyond these explanations, our goal is also to better inform, on the eve of the 60th anniversary of the Treaty of Rome, what works in Europe!” according to the EU website.

The site was launched by Isabelle Jegouzo, head of Representation of the European Commission in France. She said “Without getting involved in politics, we want to inform citizens, restore the balance between factual and misinformation ”.

Most of the “independent fact-checkers” operating at present tend towards a strong left-liberal bias, however, with well-known services such as Snopes rating debunked anti-conservative memes as “true”, and a clearly satirical article about left-liberal news network CNN purchasing a washing machine to “spin the news” as “false”, as if it had been a genuine news report.

PolitiFact, another well-known “fact-checker”, rated accurate claims by U.S. President Donald Trump about Russia’s nuclear arsenal as only “half-true”, on the subjective grounds that he was “missing the big picture”, and claims that Democrat presidential candidate Hilary Clinton had called for open borders as “mostly false”, despite her clearly stating that “My dream is a hemispheric common market, with open trade and open borders.”…

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vene social

Is that Sean Penn?

 

 

 

 

 

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Wars, Not Brexit, Destroyed Britain’s Global Power | The National Interest

Posted by M. C. on March 23, 2019

https://nationalinterest.org/feature/wars-not-brexit-destroyed-britain%E2%80%99s-global-power-48472

by Douglas Macgregor

The British people’s decision to leave the European Union—also known as Brexit—will mark the end of Britain as a world power, Fareed Zakaria argued in a March 14 Washington Post column. The United Kingdom will become a modern “Banana Republic,” Zakaria argues, falling from heights of power to a stunning low “for Britain, Europe and the West.” This fact-free assertion is dangerously wrong.

Contrary to Zakaria’s account of British history, from the time of Cromwell until 1914, British national military strategy was guided by a prudent foreign policy that saw little strategic value in permanent alliances with continental European states. In numerous wars with France and Spain, Britain relied on German-speaking powers and, in 1812, on its Russian allies to carry the burden of war on the continent. Meanwhile, British sea power supplied Britain’s friends and blockaded Britain’s enemies.

The lesson was clear: unless Britain herself was directly attacked or her vital interests were threatened, London avoided war on the continent. The raising and commitment of massive armies to Europe’s continental wars contributed nothing to the defense of the British Isles, let alone to the security of Britain’s all-important overseas empire.

The start of World War I marked the end to this comparatively measured policy. As historian Niall Ferguson notes in The Pity of War , initially, no one in London saw any reason for Great Britain to fight alongside France against Germany. However, based on growing public support for war with Germany, the Prime Minister H. H. Asquith and his cabinet concluded that if they did not push for war, their government soon would be replaced by another that would. The decision to fight on the continent committed the British people to a war for which they were woefully unprepared.

The “Great War” killed a generation of British men, with locality-based regiments suffering losses that could wipe out the entire young male population of a village or region. The war fatally weakened Britain and emptied the British treasury, and World War II completed the empire’s decline.

In 1945, when Britain’s debt-to-GDP ratio reached 256 percent, The Economist editorialized that Britain’s reward “for losing a quarter of our national wealth in the common cause is to pay tribute for half a century to those [the United States] that have been enriched by the war.” Britain’s wealth and global influence, built and maintained in the previous three hundred years, was practically liquidated overnight.

London’s participation in two world wars, not Brexit, is what destroyed British national power. If anything, Brexit could well mark a return to an independent foreign policy that by 1900 arguably made Great Britain the richest power in the world…

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Australian Battlefields of World War 1 - France - Cemeteries

 

 

 

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Brussels Shows Its Fear of Euroskeptics

Posted by M. C. on March 11, 2019

https://www.strategic-culture.org/news/2019/03/10/brussels-shows-its-fear-of-euroskeptics.html

Tom LUONGO

Hungarian Prime Minister Viktor Orban has been under fire from the European Union for years for his opposition to German Chancellor Angela Merkel’s open immigration policy.

A policy which she herself has had to pull back on. And no matter how far Merkel has changed her stance and acceded to the reality of the damage her policy has created, Orban is still guilty of the sin of non-compliance.

Actually, he’s guilty of a whole lot more than that. Because Orban has not only stepped on the third-rail of European politics he’s stomped up and down while taking a massive dump on it.

That third-rail, of course, is naming names. Naming the very person who controls so much of EU policy through his co-opting large swaths of the European parliament.

That person, of course, is George Soros.

Now there is a push, ahead of May’s European Parliamentary elections, to kick Orban’s dominant Fidesz party out of the European People’s Party (EPP), a nominal center-right coalition and the largest single party within the EU parliament.

And with each victory over Soros Orban grows even bolder. After a successful re-election campaign predicated on the slogan, “Don’t Let Soros Win,” Orban has banned Soros’ major NGO, Open Society Foundation, as well as forced out his Central European University.

But his biggest sin was equating outgoing European Commission President Jean-Claude “When things get tough you have to lie” Juncker with Soros’ attempts to weaken Hungary’s border… Read the rest of this entry »

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‘Making lies sound truthful and murder respectable’ – spiked

Posted by M. C. on March 8, 2019

The EU, an anti-democratic empire, is recast in the role of defender of European democracy.

https://www.spiked-online.com/2019/03/07/making-lies-sound-truthful-and-murder-respectable/

Mick Hume

George Orwell would recognise the Remainer elites’ abuse of political language.

Listening to the endless anti-Brexit caterwauling of Britain’s political and media classes brings to mind (again) George Orwell’s essay, ‘Politics and the English Language’, first published in 1946. Political language, Orwell wrote, ‘is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind’. More than 70 years later, political language is being redesigned to make killing off Brexit appear respectable.

The point of Orwell’s essay is not only that all politicians – ‘from Conservatives to Anarchists’ – tell lies. It is also that the corruption and degradation of our language reflects and reinforces the debased state of our politics.

For proof, look no further than the rows about Britain’s departure (or not) from the European Union. The way words have been twisted in this discussion shows how far the Remainer elites have taken over the debate about Brexit.

The dread word ‘Brexit’ is rarely allowed out on its own these days. Instead it must always be accompanied by a minder – an adjective whose job it is to warn us that Brexit is a very bad boy. Instead of leaving the European Union on 29 March, Britain is facing a ‘Brexit disaster’, a ‘cliff-edge Brexit’, a ‘car-crash Brexit’ or a ‘catastrophic no-deal Brexit’.

What all these phrases mean is: Brexit, aka leaving the EU. That is the true disaster for the Remainer elites, the ‘catastrophic’ fact that 17.4million dared to ignore their instructions and voted to Leave, and that the majority might get away with it. Political language must be designed and deployed to delegitimise Brexit.

Read the rest of this entry »

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Delingpole: Bombshell Claim — May’s Secret Brexit Betrayal Pact with Merkel

Posted by M. C. on March 7, 2019

If true, remember you read it here. If false…you saw what, where?

https://www.breitbart.com/europe/2019/03/06/claim-mays-secret-brexit-betrayal-pact-with-merkel/

by James Delingpole

British Prime Minister Theresa May has no intention of delivering meaningful Brexit; her June 2018 Withdrawal Agreement was drafted secretly in collusion with German Chancellor Angela Merkel with a view to keeping as many European Union (EU) laws and institutions as possible; May’s and Merkel’s ultimate game plan is for Britain to re-join the EU in full some time after the next general election…

These are the allegations of an extraordinary memo currently being circulated feverishly on social media.

To me, it smacks of a conspiracy theory to rank with those stories about the clandestine Establishment plot to murder Princess Diana.

But the fact that people seem ready to believe it speaks volumes about the state of distrust between May’s Remainer political establishment and the Brexit voting electorate. May and her Civil Servants have handled Brexit so very, very badly that for some Brexiteers the only plausible explanation is not cock-up but outright treachery.

The memo was originally published, briefly, at the website of the Eurosceptic Bruges Group. Then quickly taken down.

Now AltNews Media has re-published it here with a disclaimer that it cannot vouch for the memo’s accuracy.

It claims: Read the rest of this entry »

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Soros Confirms He is Losing in Europe – Gold Goats ‘n Guns

Posted by M. C. on February 17, 2019

If there was ever a moment that signaled the end of the European Union, it was George Soros admitting, in public, that we should look on all his works and despair.

An end to both, one can only hope.

https://tomluongo.me/2019/02/12/soros-confirms-he-is-losing-in-europe/

TOM LUONGO

Last month at Davos, George Soros turned around completely on China, echoing the Trump administration (of all things) in warning the world against the rise of China versus his previous stance.

The main reason for this shift in Soros’ attitude on China stems from his fear that the European Union will not achieve its goals of becoming the next great world power and subjugate the Chinese, but rather dissolve like the Soviet Union on which it is based.

He finally aired those fears in another of his infamous op-eds over at Project Syndicate (link through RT here). In sum, they are simply that Europeans must chuck off that which makes them individuals for the sake of Mother Europe.

The European Union is the highest ideal and, as such, should be that for all decent Europeans. This is the highest form of collectivist thinking.

And it’s time to circle the wagons against the ravening hordes of people who don’t like getting slowly bled to death, their culture eradicated, their neighborhoods destroyed and their dignity as people shot in the face with tear gas.

I’ve read megalomaniacal treatises in my life, but this one was impressive to say the least. Read the rest of this entry »

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Globalists Want Venezuela As The Next Jewel In Their Crown – Collective Evolution

Posted by M. C. on January 31, 2019

https://www.collective-evolution.com/2019/01/30/globalists-want-venezuela-as-the-next-jewel-in-their-crown/

By 

IN BRIEF

  • The Facts:Juan Guaidó, the 35-year-old leader of Venezuela’s opposition-controlled national assembly, recently declared himself president of Venezuela, as part of a globalist-backed coup in attempt to overthrow recently inaugurated president Nicolas Maduro.
  • Reflect On:What are the ways in which we are continuing to condone these geopolitical activities? Are we having trouble separating Western propaganda from our basic human values?

The attempted coup taking place in Venezuela right now is very instructive for those seeking to better understand the current geopolitical power struggle, as it is one of the most transparent illustrations of the well-worn tactics employed by the forces behind Western hegemony.

 

Ideologies such as ‘socialism,’ ‘economic growth’ and ‘democracy’ continue to be bandied about in mainstream discourse with the highest degree of distortion. This is often intentional in order to justify political and military action that simply enriches the global elite at the expense of humanity at large. The problem is that much of the general public in the West continue to support these tactics by failing to see the thinly-veiled hypocrisy inherent in them… Read the rest of this entry »

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Today’s NATO Mission is to Preserve Itself | The American Conservative

Posted by M. C. on January 25, 2019

The alliance is scrambling for purpose in a changed world. Trump is right to consider leaving.

It supported insurgents in Libya, thereby replacing a loathsome dictator with multi-sided conflict and violent chaos. Heckuva job, NATO!

https://www.theamericanconservative.com/articles/todays-nato-mission-is-to-preserve-itself/

By DOUG BANDOW

However, World War II ended 74 years ago. Joseph Stalin died 66 years ago. The Berlin Wall fell three decades ago. The Soviet Union dissolved shortly thereafter. Over that period of time, the Europeans recovered economically—they now possess 10 times Russia’s GDP—created the European Union, and incorporated the former Warsaw Pact members and Soviet republics. Yet even during the Cold War, the European members of NATO consistently resisted Washington’s pressure to hike military outlays. Today, only two countries, France and Great Britain, have serious militaries. Over the last couple years, a few governments have increased defense outlays, but mostly marginally and unenthusiastically.

Germany is the continent’s wealthiest country but refuses to take responsibility for its or Europe’s security. Defense Minister Ursula von der Leyen recently took to The New York Times to celebrate the fact that her government’s defense budget had “increased by 36 percent” since 2013. However, that amount represents barely 1.2 percent of Germany’s GDP, a share expected to drop in coming years. Moreover, the Bundeswehr’s readiness remains wretched. As long as Washington is kind enough to take care of their security, why should they do more?

The president apparently understands the importance of both changed circumstances and perverse incentives. It is an opinion he has held for years. Long ago, he ran ads criticizing NATO. During the campaign, he called NATO “obsolete.” No one should be surprised that he’s been critical since becoming president… Read the rest of this entry »

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Meme Wars 2018: The European Union Opens Fire

Posted by M. C. on June 21, 2018

All is fair in hate and war.

https://www.thedailybell.com/all-articles/news-analysis/meme-wars-2018-the-european-union-opens-fire/

By The Daily Bell Staff

If there is one thing freedom lovers are good at, it is making memes. As the meme wars rage on, it becomes ever more apparent that collectivists are sorely outgunned.

The left can’t meme. So lovers of government do what they always do when they don’t get their way: try to get a law passed.

If article 13 of new EU copyright protections passes, it could mean the death of memes and even GIFs.

The rule would more strictly protect copyrighted material. So if a still shot of a movie scene was depicted in memes, that would be copyright infringement.

Even a copyrighted poster in the background of an uploaded video could violate the rule as it currently reads.

GIFs that depict movie scene would also be at risk, and so would parodies. Read the rest of this entry »

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