Run Michael Run!

 

Our David met Goliath, ehh, I meant Brexit and took a dive. He did not slay the Brexit, but that in itself was no real reason to quit. Let’s face it, the people are losing more and more hope regarding the validity of a united Europe. The one issue that requires addressing is wholeheartedly ignored all over Europe. Now, we see all over Europe messages like “the spectre of a “Frexit” now hangs over France” (at http://www.irishtimes.com/news/world/europe/frexit-to-be-major-issue-in-french-2017-presidential-campaign-1.2703237). Which is not even the most important part. Nexit seems to have been avoided when we see “A narrow majority of 53 percent of Dutch voters are against holding a referendum on whether or not the Netherlands should stay in the European Union” (at http://www.nltimes.nl/2016/06/27/dutch-narrowly-nexit-70-low-educated-favor/), which is only marginally good for Europe. You see, the issue that drives these exits are not being dealt with. Frexit remains an issue as the majority in Fr4nace is now in Favour of a referendum, that majority is surpassing the 60% line. Nexit remains an issue as the far right party PVV is steering the same course as UKIP. Yet there is one difference here. The PVV is currently the largest party, it is actually larger than Dutch Labour (PvdA) and Dutch ‘conservatives’ (CDA) combined. The only part is that what might be regarded as ‘Dutch Liberal Democrats’ (VVD) is in second place and they can unite with either PvdA or CDA to stop the PVV party led by Geert Wilders. So when it comes to Nexit, there is a larger danger as PVV is all in favour and there is a lot of support within the constituency of the other parties too. Even as the media is ‘hiding’ it behind the fact that low educated people are in favour of leaving the EU, the truth is that most politicians are too cowardly to speak out against the gross overspending of Mario Draghi in addition to most of these governments remaining unable to get their budgets in order. I personally regard this as the number one fear that people have. The next generation is handed a debt of too many trillions of Euros. Grexit is in no way the main reason, the wrong actions that have ruled a non-Grexit is the other reason people want out of the EU, but they do not seem to blame the Greeks, only the non-acts by all parties that should have decided to push Greece out of the EU and find a way outside of it to support growth and stabilisation. Now, that path is no longer realistic and the masses are all upset of non-actions.

These elements will all affect the UK. Even now as we see “Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund” (at http://www.theaustralian.com.au/business/financial-services/deutsche-riskiest-bank-in-the-world-imf/news-story/4ed1043ffdf76cb26324b531dd0f3171), certain events that have not been properly dealt with will all hit the UK one way or another. Now that the German economy is getting a downgrade, which the IMF states is due to Brexit, but that is not entirely correct!

You see the quote “Britain is an important trade partner for Germany, and significant changes in the economic relationship between the two countries will have repercussions for Germany” is one we could have expected, yet the falsehood of it is also a given. You see Germany has every option to broker an immediate deal with the UK. But the banking powers are now all about ‘procedures‘ and ‘leaving the EU‘, which sounds correct, but let’s not forget that these parties have looked at an optional Grexit for 3 years, is it not weird that any EU exit is not properly addressed? When you consider that, then consider why we suddenly get these new Grexit fears, fears that are considering the voluntary need of an exit would be unfounded.

In this primordial mess we see Michael Gove moving towards the leadership!

This is where I am in favour of Michael Gove taking leadership. We can see in the first part that Boris Johnson has his own agenda, which could be fair enough, but it is important to unite all the conservatives for whatever comes next, it is my personal view that Boris Johnson will not be the man to get that done. In another light we could conclude that Theresa May would not be the right choice either. Her dealing in the Abu Qatada case is one. I raised a few issues in my article ‘Humanitarian Law v National security‘ (at https://lawlordtobe.com/2013/03/10/humanitarian-law-v-national-security/), in addition I will be the first one to state that this is not all on Theresa May and that the office of Dame Stella Rimington (MI-5) needs to take a truckload of the errors involved, his entry on a forged passport happened on her watch. For me the strongest issues were shown in 2014 (at https://www.theguardian.com/uk-news/2014/sep/02/theresa-may-political-correctness-rotherham-abuse), the Rotherham scandal left its mark, the entire matter as blamed on  “institutionalised political correctness” leaves us with a nasty aftertaste, the fact that too many sides that are non-prosecuted will stain (illogically and wrongfully) the coat of Theresa May and as such, she would not have the gravitas she would need to be a successful leader of the Conservative party.

Michael Gove gave himself a boost with the letter that the Independent printed. His 1500 word essay (at http://www.independent.co.uk/news/uk/politics/eu-referendum-michael-goves-full-statement-on-why-he-is-backing-brexit-a6886221.html) gave the people something to think about. I reckon that the well thought actions of Michael Gove, with the added distinction of Mark Carney could be what the UK needs to move forward faster. I believe that the indecisiveness of the other players outside of the UK will only give more strength to these two power players. The UK must move forward and the Conservatives are still governing. This is unlikely to change as Jeremy Corbyn is now contested as leader as we see Angela Eagle picking up the momentum to remove Jeremy Corbyn. As a conservative I will not mind, you see, whomever ends up in charge of Labour, the Conservatives will end up being in a better position either way, the division that these two players bring to the Labour party will be equally a blessing for Tim Farron, the Lib Dems could profit of this infighting in no small way. Tim Farron has in my view a few other issues to deal with, but those would shrink if he can grow his party fast enough.

This gets us back to my Conservative party, likely under leadership of Michael Gove. Unity is for all parties a need and there is a mess with Brexit to deal with, which is exactly why I think that Tim Farron’s call to undo Brexit is a lot more dangerous, especially as 3 nations are now considering and aiming to secede from the EU at present. Michael Gove is in my view the strongest runner for the conservatives at present. Yet, we must accept that there are a few flaws in that case. Even if we ignore the popularised expression ‘50 shades of Gove‘, we should not ignore the Financial Times (at http://www.ft.com/cms/s/0/ca079702-392d-11e6-9a05-82a9b15a8ee7.html#axzz4D3Y8IePA), where we see “a slogan without substance is a flimsy platform for future success“, which is true when it is just a slogan, a 1500 word essay is another matter. From that point of view, Michael Gove is pretty much the only contender left standing. The quote the FT has at the start “One thing has become clear over the course of the UK’s referendum campaign, and even clearer since the Brexit vote: no matter how you define leadership, this isn’t it” is equally matter for debate. It could apply to the callously shabby way Boris Johnson took it, yet in all that Michael Gove gave clear reasoning. The part that is equally interesting is the fact that the Financial Times did not dig into the real pain the UK people had, by not leading that part, we got to the place we are now. The FT also states “Plenty of companies are now scrambling to adjust their plans because of the unexpected outcome. They are guilty of a lack of foresight“, which is true, but it is equally the arrogant consequence of anticipated outcome through the bullying of some of the players. One example was Citibank and how they would ‘move’ operations if Brexit became a reality (at http://www.cnbc.com/2016/06/09/citigroup-warns-staff-of-brexit-risk-to-uk-operations-report.html), in my view I state: ‘Well James Bardrick, you got you’re Brexit, so would you kindly fuck off towards Germany, France or the Netherlands!‘ and please do so by the end of next week!

You know, I reckon that they will remeasure their actions, because Frexit is still a possibility Nexit is not definitely averted and the Deutsche Bank as well as the German economy would impact whatever you shift towards Germany. In addition, the changes in India and certain shifts all over Asia Pacific requires a stability foundation, which means that Citibank definitely requires to remain strong in the UK. If not for what is, than certainly for what might be. If I am correct (4 out of 4 would be nice), than there is a strong chance that the M&M team (Michael Gove and Mark Carney) could propel the UK positive ahead of schedule, meaning that Citibank would cut itself in the fingers in more than one way. In addition, and pardon my French, Citibank could end up being the bitch of Natixis in France, a very French way of banking I might add. Giving rise in more than one way that Citibank could lose momentum when it leaves UK operations, letting other banks move in and making the Citibank lose additional market share, which seems like such an ego based error to make.

All in all we can go for the slogan ‘Run Michael Run‘, looking towards better times, not immediate mind you, but possibly faster than we thought possible, the IMF papers regarding France give weight to that, providing the UK, more specifically if the Rt Hon Hugo Swire can get a few trade irons ready for agreement with France, the Netherlands and Germany. If he pulls this of, the UK is on a first leg towards true economic restoration, with the absence of Mario Draghi’s overspending nature.

In the end these are elements that matter, but strongest of all is to address the people who feel that they have been left out in the cold by Europe. National pride is only a first step, momentum will be gained by achieving results, in that Mark Carney remains correct, these steps come with a large risk, whether it is too large is for all players actually remains an unknown for now.

 

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