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Tuesday, January 1, 2013

Best Reason for Britain to Leave the EU

The Banksters are terrified of the idea:

Senior banking and business figures spoken to by The Sunday Telegraph have revealed growing disquiet at Government plans for a referendum where one option could be an exit from the EU.

One senior banking executive said: “The whole issue has the potential to be very destabilising for the City.

“It risks playing with the future of the British economy for the next 30 years.”
We need to understand that big finance is not about what should be its primary function, getting capital to from those who want to invest it to those who need it, but it is about sitting athwart the economy and extracting rents.

Any economy that prioritizes shrinking and stigmatizing the big bankers will do better than one (like ours, see Obama/Geithner) that prioritizes the the "health of the existing financial system."

The banksters are a cancer than need to be excised from our economy.

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