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As I said TRB. The Labour Party kept us out of the Euro. Yes Blair wanted to join. So what? He was wrong on that as he was wrong on many things. The Labour Party prevented him from taking us into the Euro.As for today's decision, there will be immense ramifications for decades over this. Anyone who thinks that the rest of the EU is simply going to say, \"OK Britain. We understand that you want it different. Never mind. We'll sort out the mess then it'll be no hard feelings.\" is in cloud cuckoo land. It's going to be us against the rest for decades from now. Even Thatcher wasn't so pig headed as to put us in that situation (she spun it that it was us against the rest - in fact she was a hard but sensible negotiator). See what Malcolm Rifkind (one of Thatcher's \"one of us\") has to say about it. Utterly sensible line on how you conduct negotiations, whereas the rabid right, obsessed by Daily Mail leaders and Yesterday programmes about the War think it's all about us taking on the nefarious bas**rds in Europe on the beaches, on the landing grounds, in the fields and the streets and in the hills.
4) TRB. As I said several times. The Labour Party prevented us going into the Euro. Tony Blair would have liked us all to be baptised born-again Catholics, but that was never going to happen either.
TRB.I'm not sure how much clearer it has to be. The Labour Party were in power when the decision over joining the Euro was made. The party in power decided not to join the Euro. Spin it how you want, but that is the core fact of the matter.Of course some Labour MPs, including the PM, wanted us to join the Euro. But we didn't. End of story.
BFYPThe point is that, if we were out of the EU, Audis for us, and much more importantly, anything we sell to the EU would be more expensive. So there would be less trade.True, America and China still trade with the EU. We would still trade with them. But America and China, and now, potentially us in the future, do less trade than they would if they were part of the core bloc.The EU will hit us, hard for this. They will not stand by and let us have the deal that we want and also all the benefits. The first one that we will get hit for is any discussion on reducing our net contribution to the EU. We WERE in a decent position to argue the case for a reduced net contribution. Our economy is now weaker than France, so we had a very strong case for negotiating for a lower net contribution than France. When we go to negotiate this next year, the EU will politely tell us to fcuk off. They will say that we have lost our negotiating position. The EU will tell us what deal is on offer and they will say that if we're not happy with that, we should consider our position. With all the consequent effects on our trade with them.Much more to the point, what happens when it comes to negotiating trade deals between the EU, China and America. Do you think the EU will take our position into account? Do you think we'll have an effect on the discussions? Not a chance in a million. We'll be told to shut up and sit down while the big boys decide how the world is going to be organised.THAT is what we have done today. As I said before, even Thatcher was never pig headedly stupid enough to but us so far on the periphery of Europe. She negotiated hard, then did deals. Cameron has painted himself into a corner and left himself with no option but to veto the overall deal and isolate us. Stupidity on a historical scale. It's back to our approach in the 50s when we thought we were better than the Europeans. They raced ahead without us and we eventually had to go cap in hand begging to be let into the club and being told what the conditions were going to be. We paid for that short-sighted stupidity then and we will pay for it now for the next generation. We'll console ourselves that we are British, we are different and we are in control of our own destiny. But that destiny will be a poorer and more difficult one than it needed to be.