Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
UK Energy Firms Scamming Customers Out of Their Best Fixed Rate Gas Tariffs - 23rd Sep 21
Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Should School Children be Jabbed with Pfizer Covid-19 Vaccine To Foster Herd Immunity? - UK - 23rd Sep 21
HOW TO SAVE MONEY ON CAR INSURANCE - 23rd Sep 21
Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
Trading Crude Oil ETFs in Foreign Currencies: What to Focus On - 22nd Sep 21
URGENT - Crypto-trader event - 'Bitcoin... back to $65,000?' - 22nd Sep 21
Stock Market Time to Buy the Dip? - 22nd Sep 21
US Dollar Bears Are Fresh Out of Honey Pots - 22nd Sep 21
MetaTrader 5 Features Every Trader Should Know - 22nd Sep 21
Evergrande China's Lehman's Moment, Tip of the Ice Berg in Financial Crisis 2.0 - 21st Sep 21
The Fed Is Playing The Biggest Game Of Chicken In History - 21st Sep 21
Focus on Stock Market Short-term Cycle - 21st Sep 21
Lands End Cornwall In VR360 - UK Holidays, Staycations - 21st Sep 21
Stock Market FOMO Hits September CRASH Brick Wall - Dow Trend Forecast 2021 Review - 20th Sep 21
Two Huge, Overlooked Drains on Global Silver Supplies - 20th Sep 21
Gold gets hammered but Copper fails to seize the moment - 20th Sep 21
New arms race and nuclear risks could spell End to the Asian Century - 20th Sep 21
Stock Market FOMO Hits September Brick Wall - Dow Trend Forecast 2021 Review - 19th Sep 21
Dow Forecasting Neural Nets, Crossing the Rubicon With Three High Risk Chinese Tech Stocks - 18th Sep 21
If Post-1971 Monetary System Is Bad, Why Isn’t Gold Higher? - 18th Sep 21
Stock Market Shaking Off the Taper Blues - 18th Sep 21
So... This Happened! One Crypto Goes From "Little-Known" -to- "Top 10" in 6 Weeks - 18th Sep 21
Why a Financial Markets "Panic" May Be Just Around the Corner - 18th Sep 21
An Update on the End of College… and a New Way to Profit - 16th Sep 21
What Kind of Support and Services Can Your Accountant Provide? Your Main Questions Answered - 16th Sep 21
Consistent performance makes waste a good place to buy stocks - 16th Sep 21
Dow Stock Market Trend Forecasting Neural Nets Pattern Recognition - 15th Sep 21
Eurozone Impact on Gold: The ECB and the Phantom Taper - 15th Sep 21
Fed To Taper into Weakening Economy - 15th Sep 21
Gold Miners: Last of the Summer Wine - 15th Sep 21
How does product development affect a company’s market value? - 15th Sep 21
Types of Investment Property to Become Familiar with - 15th Sep 21
Is This the "Kiss of Death" for the Stocks Bull Market? - 14th Sep 21
Where Are the Stock Market Fireworks? - 14th Sep 21
Play-To-Earn Cryptocurrency Games Gain More and Is Set to Expand - 14th Sep 21
The CashFX TAP Platform - Catering to Bull Investors and Bear Investors Alike - 14th Sep 21
Why every serious investor should be focused on blockchain technology - 13th Sep 21
SPX Base Projection Reached – End of the Line? - 13th Sep 21
There are diverse ways to finance the purchase of a car - 13th Sep 21
6 Tips For Wise Investment - 13th Sep 21 - Mark_Adan

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Kerry Suggests Maybe No Brexit

Politics / EU_Referendum Jul 02, 2016 - 12:43 PM GMT

By: Stephen_Lendman

Politics

Addressing the right-wing Aspen Institute on Wednesday, Kerry said Brexit “(d)idn’t change a thing.”

“This is a very complicated divorce.” David Cameron is loathe to invoke Lisbon Treaty Article 50, legally required to begin a lengthy Brexit process. He feels “powerless” to negotiate what he doesn’t want.

“(A)nd I think this is a fair conclusion - to go out and start negotiating a thing that he doesn’t believe in and has no idea how he would do it.”


“(N)or do most of the people who voted for it,” Kerry referring to Leave campaigners like former London mayor Boris Johnson, the frontrunner to replace Cameron until announcing he's pulling out, perhaps pressured by Remain interests.

Asked how Brexit could be “walked back,” Kerry said “I think there are a number of ways.” He declined to enumerate, stopping short of explaining the popular vote was non-binding.

Parliament alone has final say up or down. Most MPs will support what powerful interests want. Clearly they oppose Brexit, making it highly unlikely.

Did Kerry inadvertently explain what’s ahead, despite leaders like Germany’s Angela Merkel saying “(t)he referendum is a reality…I can see no way that this can be reversed…”

She along with other EU leaders met in Brussels, Cameron included in day one discussions, not day two, creating the impression (or perhaps illusion) of a new 27-nation bloc without Britain.

Talks focused on “curb(ing) a rising tide of populism driven in large part by hostility toward Brussels,” according to The New York Times - talking tough, hardening their position, European Council President Donald Tusk saying there can be “no single market a la carte.”

“Those wanting access to our single market” must play by its rules, obeying its “four freedoms,” including movement of capital, people, goods and services.

French President Francois Hollande warned London no longer would be able to clear euro-denominated trades, important for its financial industry.

Consensus was no talks with Britain until it invokes Article 50. Some there want the referendum ignored. Parliament can simply vote it down, said prominent lawyer Geoffrey Robertson.

“Our democracy does not allow, much less require, decision-making by referendum. Democracy has never meant the tyranny of the simple majority, much less the tyranny of the mob.”

According to Robertson and others like him, rule by privileged few alone matters, not popular sentiment. Important decisions shouldn’t be left to ordinary people.

EU leaders, together with Washington’s dominating influence, will chart a course to prevent Brexit. A consensus statement was deceptive posturing, saying it “creates a new situation for the European Union…many people express(ing) dissatisfaction with the current state of affairs.”

They “expect us to do better when it comes to providing security, jobs and growth, as well as hope for a better future.”

They’ll chart it like always, serving special interests exclusively. Western democracy serves the privileged few alone, not the popular will.

By Stephen Lendman
http://sjlendman.blogspot.com

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

http://www.claritypress.com/Lendman.html

He lives in Chicago and can be reached in Chicago at lendmanstephen@sbcglobal.net.

Also visit his blog site at sjlendman.blogspot.com and listen to The Global Research News Hour on RepublicBroadcasting.org Monday through Friday at 10AM US Central time for cutting-edge discussions with distinguished guests on world and national topics. All programs are archived for easy listening.

© 2016 Copyright Stephen Lendman - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in