Torquil on the ESM – This “European Stability Mechanism” is not just about “adjusting the accounts” of the Eurozone. Read it! It sets up a body with the power to draw in unlimited funds from its member states – ie tax-raising powers. This means it will be a government.

from Dave B.

Here is my comment on the Minister for Europe David Lidington’s blog (which also has a video of him “explaining”…):

http://blogs.fco.gov.uk/roller/lidington/entry/first_use_of_the_european
______
This “European Stability Mechanism” is not just about “adjusting the accounts” of the Eurozone. Read it!
It sets up a body with the power to draw in unlimited funds from its member states – ie tax-raising powers.
This means it will be a government.
The EU will be transformed, there will be one huge government for the Eurozone, and ten small governments for the non-euro countries (including UK). And after 2014 this single government will have the power to impose its will on the others by qualified majority voting. Even if they all vote against it, it will prevail.
It’ll be like the old USSR which controlled the countries of the Warsaw Pact. We will be satellites.
And what is more, the governors, directors, and staff of this ESM will have immunity from civil actions and from criminal proceedings – they will be above the law. And they will rule us.
So by allowing this treaty change to take place, which will enable all this to be set up, a colossal and definitive transfer of sovereign powers from the UK to Brussels will occur.
Lidington is being very “economical” in not telling us any of this.
________

Torquil

On 14/10/2011 14:14, Idris Francis wrote:

Europe Minister David Lidington has said that the UK will not hold a referendum on the limited treaty change designed to introduce the European Stability MECHA set to succeed the EFSF IN 2013, since it will only affect the eurozone, and therefore does not trigger a public vote under the coalition government’s ‘referendum lock’.
Express FCO FCO statement

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