Will David Cameron Sell UK Down the EU River of Worthless Promises to Join the Euro?

Politics / UK PoliticsNov 20, 2011 - 03:17 PM
By: Mike_Shedlock

The UK had been expected to have a voter referendum on proposed EU treaty changes. The EU of course does not want voter referendums or anything that look remotely democratic as we have seen by actions in Greece and Italy.

Deal or No Deal?

The problem for the EU is all 27 nations have to agree to treaty changes or it's no deal. A political work-around is in progress (as always). And Merkel will allegedly give up on the Financial Transaction Tax idea if only Cameron will sign on the bottom line.

Piss Poor Deal

It's a piss poor deal and Cameron should know it. Once the EU gets what they want, Sarkozy and Merkel and others will be back at it, demanding once again the financial transaction tax and God only knows what else.

Secret Plans to Derail Referendum

The Telegraph notes Germany's secret plans to derail a British referendum on the EU http://www.telegraph.co.uk/news/worldne ... he-EU.html

Germany has drawn up secret plans to prevent a British referendum on the overhaul of the European Union amid concerns it could derail the eurozone rescue package, leaked documents obtained by The Daily Telegraph disclose.

Angela Merkel, the German chancellor, is today expected to tell David Cameron that Britain does not need a referendum on EU treaty changes, despite demands from senior Conservatives for more powers to be repatriated to Britain.

The leaked memo, written by the German foreign office, discloses radical plans for an intrusive new European body that will be able to take over the economies of beleaguered eurozone countries.

It discloses that the EU’s largest economy is also preparing for other European countries, which are too large to be bailed out, to default on their debts — effectively going bankrupt. It will prompt fears that German plans to deal with the eurozone crisis involve an erosion of national sovereignty that could pave the way for a European “super state