Thursday, 18 December 2008

Pound is the oil of our economy !

For those of you who didnt know West Midlands UKIP MEP Mike Nattrass has had a Column in the Solihull Times Newspaper for a couple of months now. This has been great news for the local UKIP branch. 70,409 copies of the newspaper are delivered around the Borough each week. Below is Mikes column from this weeks paper which gets published under the heading ''Another crazy day in Brussels with Mike Nattress UKIP MEP'' for some reason I wonder why ?

Speaking on French radio and TV, EU Commission President Jose Barroso said the Euro in the UK is ‘’now closer than ever before’’. He said ‘’Some British politicians have already told me, ‘’if we had the Euro , we would have been better off’’

Why do UKIP (whose symbol is the pound sign) say the pound should never be surrendered ?

If we are to be part of a United States of Europe and politicians protest we are not, despite signing the Lisbon Treaty then the Euro is an obvious next step. However , if we are to remain independent, our currency is the oil that lubricates the engine of the economy. As the 5th largest economy in the world , the UK’s economic cycle is different to Europe.

We must retain our ability to set interest rates and taxation at levels suiting our world trading position and therefore need our currency which bestows economic independence , losing our currency will ensure our absorption into a United States of Europe but step - by - step politicians have allowed exactly that , behind the backs of the people for more than 30 years.

With the EU now making 75 per cent of our law and the chancellor admitting that he could not reduce VAT to less than 15 per cent with out EU approval , have we already been taken over ?

This must be a decision for the people , whose families have defended the independence of this island for centuries . EU , better off out ?