Wednesday, June 22, 2016

Remain Good and Leave Bad #BREXIT

Ryanair Holdings Plc Chief Executive Officer Michael O’Leary, an Irishman backing Remain, correctly said a vote to leave the EU would likely lead to its unraveling. A BREXIT, GREXIT, or any other 28 member withdrawal, a move that would allow the exiting country to devalue their currencies, deregulate, and move towards economic growth rather than contraction, would encourage other struggling economies to follow. Nobody wants that to happen.

Withdrawal, the only consequence that the EU commission cares about, has prevented and continues to prevent clean votes that reflect the will of the people. If a convincing REMAIN vote, an outcome generally promoted by mainstream media outlets, cannot be presented as a legitimate to the public, don't be surprised to see a LEAVE vote to be delayed or nullified.

O'Leary, however, makes several sharp observations about the future of the European Union,

“There’s going to be a much stronger case for reform, where we get them back to focusing on making Europe an efficient single market and a lot less focused on political integration and jobs for the boys in Brussels,” he said.

O’Leary said that quitting the EU provides no answer to those issues and that by staying inside the bloc the U.K. could add its weight to “an appetite for reform” that already exists in Germany and Eastern Europe.

History clearly shows us that revolution (social disorder) rather than the voting process is the preferred tool of reform. As long as the unelected EU Commission and Trioka leads by edict rather than representation, reform through the voting process is little more than a pipe dream sold to children and fools. While European leaders should just let the chips fall and adapt to the will of the people, history teach us that this doesn't happen without some sort of fight.

EU Commission

Headline: Ryanair Says Brexit Vote Could Cause Whole of EU to Unravel

Speaking one day before a referendum on a so-called Brexit, O’Leary, an Irishman who has emerged as one of the most outspoken backers of the “Remain” campaign, told Bloomberg Television that a victory for the “Leave” side could prompt a spate of further departures.

“If the U.K. leaves I think it’s inevitable that’s the end of the European project,” he said. “It will be very hard to keep the EU together, or at least the peripheral countries. The central countries -- the Germans, the Dutch, the Belgians, possibly the French -- will continue to go along, but the EU will be fatally damaged.”



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