"EU may waste money of member states” – analyst

October 21, 2010 18:14

The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.

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Anon 21.10.2010 23:46

“We suspect that a lot of the money is being wasted.” ....shou ld read..... “We suspect that a lot of the money is being stolen.” @Enriq ue: There have been several opinion polls conducted by different organisations over te last several years where people in the UK were asked if Britain should leave the EU. In every case the majority said "YES". About joining the Euro: If the UK did join the Euro, London would probably lose most of the banking and insurance business that keeps the country afloat. As the EU doesn't buy much from Britain, the British economy is likely to continue following the US economic cycle, rather than the EU cycle and the convergence needed to join the Euro will never happen.

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Bianca 21.10.2010 23:24

Why has not this been obvious from the beginning? An elite, selected God knows how, has been imposed over citizens of Europe to lord over them. Democratic institutions of each country do not count for much, except to maintain the pretense of citizen participation. The whole purpose of national governments is to act as a weather-wane, to engage political movements and make them take their ire on the politicians close home. But those no longer count for much, even though they try their best to sound relevant. Not much different is in US. The elected officials pass laws that others have written, and cannot really decide on anything that the unelected elite in or outside of corporate world does not approve. Now, it has become rather obvious that, without asking any questions, these politicians have thrown trillions of dollars into the banking bottomless pit. And it is clear that, having done that and funded a bunch of pointless wars, they must come to taxpayers and collect. So, the pensioners will have to pay, and the retirement savings as well. So will the children through poor health care, and students by paying through their nose for careers that will not even exist when they get diplomas. And UK elite will do what is good for them. But the elites and their elected proxies seem to have run into a problem. The system is perceived to have lost legitimacy and every smidgeon of respect that came with it.

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Enrique 21.10.2010 19:33

There is only one British party which supports leaving the European Union (E.U.): the U.K.I.P. while Liberal Democrats are openly European Federalists, Labor is shadow Federalist (as member of the European Socialist Party), while Tories prefer a Confederation (so they left the European People´s Party) Only the UKIP supports leaving the E.U.....and they just receive a handful of votes. The UK will join the Euro during the next five years, and probably with a Tory Prime Minister. Remember that the prefix of British Euro banknotes is "J" and the control number for British Euros is "20"...Just last month it was created the European Banking Authority, headed by the President of the E.C.B. Jean Trichet, and with headquarters in London. So the British Government continues treating British citizens like minors, not telling the truth.

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