Rather entertainingly this whole discussion is taking place on the day the the Queen went to that cabinet meeting. It's the first time a monarch's done that since George III during the war of Independence.
Presumably she's decided there's so much stupidity being demonstrated over there that it's time that you lot have had your fun, and it's Independence revocation time.
And given that the alternative is President Cameron and VP Clegg, or, God forbid, POTUK Blair, I think the modern monarchy is a very good thing indeed. God bless her and all who sail in her.
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