Is England cornered?

Whilst we now have a Prime Minister of Lower Saxony, Germany, who originates from Scotland and has the name David MacAllister, we see the rise of the Scottish power going steeper and steeper into the political horizon. Scotland has made first steps into independence from the UK and or England and Wales.

So far so bad for England, that badly needs the partnership with Scotland to get some real and down to earth relationship with politics and geography because apparently the financial industry is the only big business that England knows these days. But now the EU ministers from France and Germany in particular want to push for the tax on financial transactions, which would raise an enormous amount of taxes for the EU coffers but apparently the UK would be the biggest contributors to the funds, from which France, that relies heavily on subsidies for farming industry, would mostly benefit.

This would take away most of Britain’s edge to the finance industry, Britain that currently calls itself the finance capital of the world. English ministers and British politicians worry that many financial houses might want to re-locate elsewhere, where they do not have to pay the financial transaction tax.

Of course that would put the final nail in the coffin of the British commerce and especially the English one. Because if the Scots become independent and get involved in selling natural energy and other products, England would shiver because it could not even afford to heat its many homes as their income would be shrinking and it could become the prune of Europe.

Many Euro sceptics have encouraged a drop out of Europe quickly but Cameron apparently thinks we should remain but become more powerful in Europe, but powerful with what? Is the UK about to become the next Greece? Apparently the pattern is the same Greece hosted the Olympics and then crashed their economy and we are going to host the Olympics and our economy is very likely to crash completely when the EU finance tax becomes reality.

That makes Germany and France very powerful because they do not rely on financial transactions to stay strong but they rely on real industries to keep in power. I criticised it years ago when under Tony Blair Britain embarked on making education, entertainment and finance the main industries of Britain. of course education is a no-brainer as Britain has fallen far down in the league tables. Is it any wonder with the highest drug consumption in Europe that the English in particular have no thought left to think on how to save the failing economy.

Most interesting of all Ed Miliband fully supports the Euro levied finance tax when he announced during a visit of crane manufacturer :Liebherr that he would tax bankers and bonuses to fund jobs. What jobs would be left to fund, when Britain does not have a native engineering industry as such? Only bankers that trade from Britain can be taxed and what Mr Miliband forgotten to think about is that they are not bound to trade from Britain at all.

I think Italy is a good example in how a country can actually try to resolve a problem without elected politicians. They now established a government of Technocrats, which is something that could to Britain a lot of good.

Whilst the Scottish feel strong and take power in Germany and become independent from England, the English themselves seem to have lost grip on the situation and try to solve problems by creating dodgy judgements that are politically tainted to influence Russian politics and forget all about how to tackle the European malaise with real assets. The English don’t seem to understand that they cannot bathe in the glory of winning 2 world wars forever. Cameron, a polemicist of the European relationship since he has become known in politics, drags behind him a steady tail of Euro sceptics who seem to spend all day lamenting about how bad Europe is whilst the French, Germans and Scots try to drive England into the ground with new tax regulations and the Italians have had enough of trusting in politicians altogether.

Of course the best move Osborne could come up with so far was to sell Northern Rock to Virgin Money with a loss.

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