Armstrong Economics Blog
Re-Posted Apr 23, 2016 by Martin Armstrong
Obama went to London at the request of David Cameron and the EU Parliament. Obama joined the scare tactics to try to frighten the British into giving up their sovereignty to Brussels by staying in the EU. He used the trade deal which the French want to block saying that agreement. The TTIP was supposed to be done back in 2014. There is little chance of an agreement coming before 2019. Obama told the British to get at the “back of the queue” on trade agreement negotiations.
There is no way Obama would do this without the request of Cameron who is betraying the sovereignty of his own country. The reality is simply that Obama is lying to the British people because the trade agreement with Europe has been a huge problem especially with France. The truth is that Britain would be able to have a faster trade deal with the USA than the EU. This is scare-tactics because Europe itself is on the ropes. Britain leaving would hurt Europe, not Britain, and would save Britain who could then protect its own borders. Even the USA now has a problem with no visa for Europeans given the security risk they introduced allowing economic migrants claiming to be refugees.
This demonstrates how the BREXIT vote is a serious issue for Europe as a whole. But make no mistake about it, the USA would NEVER surrender its sovereignty to say the United Nations were Congress becomes a second rate gathering with little power. The majority of laws in Europe come from Brussels, not local government. What Obama just told the British people demonstrates this is precisely opposite of what Margaret Thatcher stood up against which was the political surrender of the British to Brussels. What Hitler could not do with bombs, Cameron hands Europe without a thought.
The question is why has Obama told the British to effectively get rid of the Royal Family for there should be no residual sovereignty remaining in Britain? Upon election, the Prime Minister goes to the Queen to ask permission to head Parliament. It is the Queen who opens Parliament. The Queen’s Speech sets out the government’s agenda for the coming session. Handing power to Brussels nullifies the role of the Queen. Why does Cameron not even ask the Queen?
Without Britain, there is no European Union left standing. Europe is absolutely doomed for Draghi will not reverse his policies which are starting to lead to chaos within the EU and Germany realizes that pensions and the elderly are being destroyed by Draghi’s policies.
As Obama is telling the Brits to get at the “back of the queque” for a trade agreement, protests are erupting against TTIP everywhere. As Obama visited Britain, thousands were protesting against TTIP in Hannover, Germany. If Britain is to get to the “back of the queque”, that may be a very good thing. He is also full of shit for there are far more links between Britain and USA on trade than there are with Europe as a whole that go back centuries.

