Great Britain is not an Island

[Furunculus]

ah well, in that case my thoughts are summed up by:

1. the EU was invented by france to ensure that germany never invaded again, germany was a bit embarrassed and so complied, their neighbours thought that was a jolly good idea too. not a problem Britain has.

2. socialism took a firmer grip on the continent than ever did here, and the consequence is a much greater enthusiasm for regulation in matters socio-economic. we freebooting Britons pillaging the high financial seas see this as a threat to our competitive advantage.

3. the continent as a result of the 30 years war, the franco-prussian war, the first world war as well as the second and many more, has suffered centuries of political instability repression and revolution. how many continental countries have not been facist, communist, revolutionary, and invaded in the last 350 years? the EU therefore represents stability to many nations, not a problem Britain has.

4. for an economic union to work, in the bad times as well as the good, there needs to be a large element of political union; who is the lender of last resort, why should germany bail out italy's fantastic attempt to make the euro worthless, etc. we don't necessarily want a political union, we have an exceptionally successful political model already, and no-one has demonstrated why an extra layer of EU federalism is an improvement.

5. we are rich in absolute and comparative terms, will joining the euro make us richer or poorer? certainly no-one has persuaded me that joining the euro, with all the harmonisation that entails, will do anything but reduce britain's competitive advantage.

6. we have a history with, and a duty to, the commonwealth nations to assist them in their socio-economic development, and we like the freedom to recommend our political structures and structure economic packages to their benefit as we see fit. specifically, we dislike EU trade protectionism and the damage we feel it does to developing nations, especially given the skepticism with which we view aid programs. there is no question that greater involvement in the EU further reduces our options with the developing world generally, and the commonwealth in particular.

7. similar to #6, there further we integrate the less free our hand to act as we please, which is fine if we acted in concordance with the rest of the continent because we amplify our message, but bad if we have divergent views because our own will be watered down among 300 million continetal voices. if Britain decides it wants to join america in invading somewhere then i don't want to euro apparatchik telling us we can't because we signed up to a common foriegn policy!

how's that do for you?