yay...David Cameron Saves Britain.

At last a politician with balls.http://www.bbc.co.uk/news/uk-16104275

Originally Posted by BigBaddad

At last a politician with balls.

+1

I've just watched his speech and it just confirmed he is the right man for the job IMO.
One eyed brown would've just bent over and took it just to try and be popular.


I wonder if we didn't join all those years ago where we'd be now, population would be smaller that's for sure.

[Drew Carey]

Some of the comments on the BBC page are hilarious.

I'm sorry, but people who think that "we should be producing our way out of ruin - not financing our way out" need a reality check.

As an economy - long gone are the days where we can mass produce items to export - and I believe that it will be almost impossible for us to become globally competetive on that front again.

I can totally understand why Cameron has said no - like it or not, the financial business is too important to the British economy to let it fail. Giving up control of that to Europe would have been far far worse. We would have ended up becoming uncompetetive as new rules, levies etc are applied. Banks would pull the plug in the UK and up ship and base all operations in America or even countries like China / Russia.

In turn, the economy would be cast into an even bigger black hole than it is already in. So I say well done Mr Cameron - now lets focus on the more important markets - China!!!!

[Bri w]

Well, I'll go to the foot of our stairs backwards.

After years of listening to Labour politicians making all the right noises then rolling over and letting the EU tickle their tummies I was expecting another capitulation. Stunned.

[dizzyblonde]

So.....he does have a spine!

Wonder if it was hidden under the table giving him pointer cards?

That did make me giggle...John Major didn't know what to do with the Euro 20 years ago, so hid an aid under the table to hand him notes



Whateve happens next, Britain will get a rough time anyway, theres no getting out if it, even if distanced fromm the Euro.

I think we should close our borders and interbreed.

Originally Posted by Reeder

I think we should close our borders and interbreed.

Only you would

Im Glad he did this, i was fearing for the worse. Like drew as posted it would off been the start of the end for us. Labour would of rolled over and let us go down with the Euro. We have a chance of getting sorted now, although i cant see Europe being to kind to us in the future but hey-ho.

[punyXpress]

" a requirement to submit their national budgets to the European Commission, which will have the power to request that they be revised "

For how many years have the EC's accounts not been signed off by the auditors?

[Drew Carey]

To be honest - if things are run correctly - then this could lead to the UK becoming great again.

I know that a lot of people bemoan banks etc - but they are critical to our economy. If the Eurozone group impose sanctions on each other for bad management etc - it wouldn't suprise me to see more European based subsidiaries of global banks closing European offices and consolidating it into their UK offices - leading to more income etc into our economy.

With regards to other parts of Europe that effects us - it will remain unchanged. As Cameron will simply Veto any changes at the EU if the Eurozone tries to change the EU in any way.

Originally Posted by Drew Carey

I know that a lot of people bemoan banks etc - but they are critical to our economy.

I wouldn't disagree with that, but it's also the banks that have got us into the position we're in. They've shown they can't, or won't, self-regulate.