Every one of the people matters, Mr Barroso

Who knows what Jose Manuel Barroso, President of the European Commission, and Peter Mandelson were thinking when he decided to take up lobbying for Britain to join the Euro again. As well as being politically insane, it would be economically foolish to join the Single Currency. Mr Barroso's comments, though, contain a particularly revealing comment that gives an insight into the kind of mindset held by the pro-Euro lobby.

Barroso's comments went thusly:

"We are now closer [to Britain joining the Euro] than ever before. I'm not going to break the confidentiality of certain conversations, but some British politicians have already told me, 'If we had the euro, we would have been better off'. I know that the majority in Britain are still opposed, but there is a period of consideration under way and the people who matter in Britain are currently thinking about it."

That effectively summarises the elitest, anti-democratic views of the EU elite. How on earth can he in one breath acknowledge that the majority of British people are opposed to the Euro, and then dismiss them because they are not "the people who matter"? This project is at core one driven by a self-interested elite of politicians and bureaucrats, with at best a disregard and at worst out and out contempt for democracy and public opinion. It stinks.

Comments

[Hardeep Singh]

I trade currencies regularly and have seen the GBP just change in character and disconnect itself from the rest of the market. It has also had a few days where it's fall was breathtaking. Politicians may claim this and that but I can assure you the global markets never lie and are quite accurate when it comes to gauging a currency's strength or lack of it. I stay away from the GBP now because it's a like a drunk on Saturday night you don't know what it's going to do ..... That quite simply is the result of what our dear leader and his party have done to the British icon, it plain for all to see or least those that can bare to look. In order to further bury their shameless heads in the sand they're more than prepared to sacrifice the pound (which used to be a perfectly sound and respected currency) in order to embrace the Euro. This has nothing to do with the economic actions but the political save-your-skin fest currently going on at Westminster. To ditch the pound is like asking your frail old mother to leave the house because you want to turn her room into a mini bar!

I couldn't agree with you more about the EU elite and Barroso what clowns. If the economic regions of the world were in some kind of world cup qualifying group the EU would probably be one of those teams languishing at the bottom, over-rated players and egos but only 2 point from 4 games.... :)-

We can't afford the tsunami of expense for crippled small and medium businesses up and down the company to incorporate not a layer of new ill thought out bureaucracy but a sea change that would send many to the wall.

This course of action is very unpatriotic of Labour and a sense of timely shame wouldn't necessarily go amiss. Take a moment to actually look at where we are and how bad things ahve got, the prospect of flat line growth the best option for a decade or so.