We Don’t Need No Stinkin’ Voting!

The following June 27 statement by President of the European Parliament Martin Schultz should put all confusion about democracy in the EU to rest.

Schulz: The British have violated the rules. It is not the EU philosophy that the crowd can decide its fate“.

As my previous post points out, he’s quite right, the root of the whole EU project was to eliminate democracy, considered dangerous by the “architects”. This was artfully concealed, under a blanket of economic wishful thinking, but is now coming out of cover.

The EU is over. People are finally realizing that it is a fraud and will not stand for arbitrary and oppressive rule much longer.  The “crowd” will have the last word.

Still waiting for my sub-1% on the 30-year, but we’re going in the right direction:
30-year government bond yields.

Country Jun 27/16 Jun 7/16 Apr 5/16 Mar 8/16 Feb 23/16 Jan 30/15
Japan 0.09% 0.27% 0.42% 0.46% 0.97% 1.26%
Germany 0.38% 0.70% 0.72% 0.96% 0.87% 0.996%
USA 2.28% 2.53% 2.55% 2.62% 2.62% 2.25%
UK 1.80%

Edit Technocrat panic in progress. According to the UK Daily Express,

The foreign ministers of France and Germany are due to reveal a blueprint to effectively do away with individual member states in what is being described as an “ultimatum”.

Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central bank, with all those powers being transferred to Brussels.

Controversially member states would also lose what few controls they have left over their own borders, including the procedure for admitting and relocating refugees.

Obviously a desperate attempt to nip in the bud any further attempts at regaining national sovereignty. GLWT.

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