The Consequences of Brexit

Investor’s Business Daily posted an article yesterday about the results of the Brexit election. Media predictions claimed that if Britain exited the European Union, awful things would happen. Well, they were wrong.

The article reports the facts:

Sovereignty: It’s hard to remember, but in the run-up and immediate aftermath of Britain’s Brexit vote on June 23, the prophets of doom were everywhere. They predicted everything from an end to London as a financial capital to the meltdown of the British economy to a disaster for the U.S. Sorry, didn’t happen.

Yes, here in the U.S. the stock market sold off immediately after Brexit, just as the doom-and-gloomers predicted. But then something funny happened: The markets snapped smartly back, with the benchmark S&P 500 Index up almost 3% since the day of the vote.

As for Britain, the predicted disaster never occurred. As Britain’s Express wrote in a Wednesday headline: “Remainers were WRONG! Wages up and unemployment down as Brexit Britain booms”.

The article continues:

The online Express, citing new government data, reports that unemployment plunged 52,000 between April and June, leaving the unemployment rate at 4.9% — the lowest level since 2005. The total employment rate now stands at 74.5% of the population — the highest ever. Meanwhile, the number of unemployment claims dropped 8,600 in July — the month after the Brexit vote — to 768,600, the first decline since February.

Oh yes, and workers’ average earnings jumped 2.4% in the first six months of the year, showing that if businesses were worried about Brexit, it sure wasn’t showing in how much they were paying workers.

We need to remember that much of the fear was media-driven. We also need to remember that the voters in Great Britain were smart enough to ignore the media–even after the election when the media tried to find ways to invalidate the election results.

The article concludes:

Countries in the EU have lived with a demographic death spiral, out of control spending and debt, absurd regulations that enrich no one and a regional economy that, as hard as it may be to believe, grows even more slowly than ours. From 2008, the peak year of the financial crisis, through 2015, EU GDP grew 2%, according to U.S. government data. No, that’s not 2% a year — 2% total. It’s been an utter disaster, and the EU’s clueless bureaucrats seem helpless to do anything about it other than blaming their own citizens.

Britain saved itself from decades of stagnation and decline by Brexiting the EU. As such, Britain may have given the other troubled members of the EU the greatest gift of all — a way to leave the dysfunctional EU and rediscover their lost sovereignty and growth.

Let’s compare that to the current election cycle in America. The media has already declared Hillary Clinton the winner. She is up by a million points (it makes you wonder who they actually talk to). If the polls are accurate, how come Donald Trump draws overflow crowds and Hillary can’t fill someone’s living room? As we get closer to the election, the pollsters will rediscover some form of honesty and the polls will become more accurate, but right now they are like the Brexit polls–a total joke. Take heart, there are less than three months to go!

How To Skew The Results Of A Poll

Yesterday The European Union Times posted an article about the latest Reuters Presidential Poll. The poll claims 47 percent of Americans support Hillary Clinton for President and 33 percent support Donald Trump for President.

The article states:

Reuters interviews 1201 respondents.
626 Democrats (52% of total)
423 Republicans (35% of total)
122 independents
30 other party.

That’s nearly 33 percent more Democrats than Republicans.

In reality Gallup reported in March that 46 percent of Americans are Democrats, and 40 percent are Republicans. Reuters freighted their poll with 20 percent more Democrats than Republicans.

Since the Reuters poll sampled more Democrats than all the others combined, we can safely say that Trump appears to be in much better shape than the poll suggests and could likely be headed to a landslide victory in November.

This is the equivalent of my polling 100 cat owners as to whether of not they like cats and concluding from the results that everyone likes cats. Obviously, that is not true. This sort of polling may explain why the polls showed that the vote on Brexit would be for Britain to stay in the European Union. Polls have become a political tool rather than an indication of how people think. People tend to want to be part of the majority, so all the pollsters have to do is convince the voters that a particular candidate the pollsters support is winning.

Sometimes You Don’t Have To Wait Too Long For The Truth To Come Out

Over the weekend, I  read a couple of news stories about a petition to hold a second vote on Britain’s exit from the European Union (EU). I was somewhat concerned, because I understand that there are some globalists who will do pretty much anything to hold on to their power. I did see a comment on one story from someone who admitted that he had signed the petition illegally, so I wondered. Well, today I have my answer.

Yesterday Townhall posted a story about the petition to hold another Brexit vote. Evidently the person whose comment I read was not the only person who voted illegally.

The story reports:

LONDON, United Kingdom – Pro-European spammers have fooled the British establishment into believing a million people a day have signed a petition to hold a second referendum on Brexit. The petition demands the referendum rules are retrospectively changed forcing a second vote on Britain’s membership of the EU.

But doubts were raised about the authenticity of those signing after evidence that a code was being used emerged.

It shows how the petition website was tricked into registering millions of ‘signatures’ from people who do not exist.

Further questions were raised over the petition after analysis showed that just 353k of the nearly 3 million signatures were from the UK. A total of 3000 were reported to be from Vatican City, a country with a population of just 800.

Most UK national newspapers reported on the petition today, seemingly unaware of the fraud. Both the Sunday Telegraph and Mirror put the story on the frontpage.

The Independent has run multiple stories on the subject, at one stage crowing that the website kept crashing.

Let’s watch and see how long it takes for the British (and American) media to report this.

Britain And The European Union

On June 23, Britain will vote on whether or not to remain in the European Union. Argument can be made for both sides of the issue, but I would like to cite a few in favor of leaving.

A New York Times article on June 2 stated the following:

Jackie O’Neill, a 54-year-old administrative assistant, was explaining the other day why Britain should vote to divorce itself from the European Union in this month’s referendum. As she enumerated her many grievances, I couldn’t help thinking of the scene in Monty Python’s “Life of Brian” in which a bunch of disaffected Judeans sit around, complaining about the Romans.

“They’ve bled us white, the bastards,” says their leader, Reg, played by John Cleese. “And what have they ever given us in return?” His colleagues mention a few things, by way of example.

O.K., Reg says. “But apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the freshwater system and public health, what have the Romans ever done for us?”

Today Clarice Feldman posted an article at The American Thinker explaining why she thinks Britain should leave the European Union.

Here are some of the highlights from The American Thinker article:

Here and in Britain voters are torn as to whether or not to jump off the globalization, open borders bandwagon and government by unelected bureaucrats or voting to retake sovereignty and re-establish free markets. The polls show the sentiments for retaining the status quo or starting over (Brexit) seem too close to call, I predict Britain will leave. I hope we, too, will choose to return to less intrusive more accountable government, sovereignty and freedom by rejecting  Hillary Clinton ourselves.

Europeans seem to be overly attracted to the notion of government by wiseman elites. British love of independence and freedom is deeper and stronger, although government regulation and control took root during the World War I and that increased even more during World War II — power the government didn’t relinquish when the war was over. This softened their resolve when the notion of the EU was hatched.

The article concludes with a very good description of what is at stake in the Brexit vote:

One thing is clear — both the EU officialdom and ours are wiser than voters only in their ability to feather their own nests, not in making us safer, richer, or happier. Many predict that if the UK exists Brexit, other European countries will follow, Maybe one of the attractions of Trump is that the distaste for the regulatory state run by elites is spreading across the Atlantic.

The British will decide this month whether or not they want to be an independent country. Americans will have a chance in November to decide whether they want more of the government they have now or to vote for someone who at least has a possibility of shrinking government and government regulations. A rich man has no reason to try to use the government as his own blank check–lavish vacations, bending laws to his advantage, government subsidies for business of friends, etc. Unfortunately we have seen in the history of the Clinton family a willingness to do anything to increase their own personal wealth. November will be the time for Americans to choose between these two personal histories.