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You Will Be Assimilated

“We are clear the fundamental process of supervision has to occur where expertise is, with the national authorities,” he said. It was “vitally important” Brussels did not intervene directly in running our markets, he warned.

If the EU had its tanks on our lawns, such brave words would be an effective shell burst to drive them off.   Except the tanks have already rolled over our lawns and are now camped outside the FSA’s HQ in Canary Wharf, with a division trundling along Commercial Street towards the Bank of England, which will take up regulatory duties in a couple of years.

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Kiss It Goodbye Dave.

David Cameron faces a major row over the budgetary scrutiny demand when the Prime Minister attends his first EU summit next Thursday.

Britain was isolated during a meeting of an “economic government taskforce”, chaired by Herman Van Rompuy, the EU President, last night.
Britain has however rejected EU moves towards prior scrutiny by Brussels of national budgets today, insisting that only the House of Commons would be allowed to vet British tax and spending plans.

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Germany v Brussels

There are no flies on the Barking Spider who posted this at The Voice of The Resistance

"Sixty-five years ago, heroic Colonel Claus von Stauffenberg made his claim to go down as a glorious name in German history when he led the failed 1944 assassination plot against Hitler.
Today, his third son, Count Franz Ludwig von Stauffenberg, is leading the German resistance against the Lisbon Treaty — and in the past week won a vital victory.
He secured a sensational ruling from the German constitutional court that the powers of the Berlin parliament must be significantly strengthened before Germany signs on the dotted line of the document which will create a centralised EU superpower.
This landmark decision has massive implications not just for Germany, but also for Britain.
This is because there will now be a long delay in the ratification of the Lisbon Treaty which could well string out the process until after the British general election.
This has fascinating ramifications.
David Cameron has bravely pledged a European referendum if the Treaty has not been ratified and he becomes Prime Minister.
It now looks possible that his first major drama as Tory PM would be to lead the ‘No’ camp in a referendum on the Treaty.
Of course, this might embarrass Cameron because the Tories risk a major split, with pro-Europe Ken Clarke taking up an opposing position.
But my guess is that Cameron will win a ‘No’ vote and achieve a massive victory in the war against euro-federalism."