House of Lords
This call for a timely inquiry follows as previously reported the payment of £18.5billion to the EU. The peers are looking into a major report, as requested, to consider whether it still makes sense for the UK to stay in the EU.
They appear to be slowly coming to the conclusion that these payments every year do not show any sense nor are worthwhile.
The House of Lords, part of the UK Parliament, is now demanding a full report of the cost to Britain of continued EU membership.
Do not to forget that the sum of £18.5billion was paid on top of the bail-out sum of £12.5billion to rescue Greece, Ireland and Portugal.
Lord Pearson stated in his speech that for 30 years the politicians avoided any debate on the UK's membership of the EU. But now the question is firmly raised on the national agenda whether to leave the EU or not. However, this bill only requests the Chancellor to set up an impartial inquiry to detail the costs and benefits of the British membership of the EU.
He pointed out that the receipts from Brussels of £10billion, could have paid for much in the UK. It would have paid for 940 nurses' salaries, for example. He was backed by the Tory former frontbencher Baroness Noakes and Lord Stevens of Ludgate.
As hinted in our previous report it is now revealed that the average Eurocrat is earning a massive £80,000 a year. while the average UK civil servant earns around £34,600 a year. No wonder they all run over there the moment there is an opportunity. The EU wage bill reached £4,45billions which is an increase of 5.6 per cent.
High time they all got out, I think.
Another question arise, which is about the necessity or not of the IMF. That is another waste of money or a way of cashing in. The Central Bank of Europe, which does exist could handle and do the same work with no extra cost. So where is the justification for the existence of the IMF?
The peers voted by a majority to hold an inquiry which will then add more weight to the crusade of the Daily Express to exit Brussels and get out of the EU. Furthermore, if the desired referendum had been held as requested in the House of Commons, a few weeks ago, the majority of people of Britain would probably have voted for an exit.
Amongst all the debris the Eurozone produces it has come to light that Prime Minister David Cameron is willing to give the IMF £40billion of the taxpayers money. Previously Mr Cameron stated he would not pay anymore money into the currency bail-out fund. He says that and then transfers £40billion to the IMF.
If that is not hypocricy, what is?
The Prime Minister is forever pointing out the deficit of British finances and then he gives Libya, which is a more than oil-rich country, £150billion to rebuiled its destroyed armoury. On top of £40billlion to the IMF.
The Liberal Democrat Chief Secretary to the Treasury, Danny Alexander, pointed out that they could increase the IMF contribution by £10billion from £29.4billion without a vote. Of course, they would because the majority will not vote for it. A very convenient clause. FACTS LIKE THIS DEFINITELY INCREASE THE PRESSURE ON THE GOVERNMENT TO QUIT THE EU. THE SOONER THE BETTER.
Apparently, he can transfer this money with any vote from ministers. This, of course, would not have happened if the ministers could have a vote on it and the government knows that.
The IMF points out that it needs more money to help out the debt-ridden countries, such as Italy and Greece. Of course, what else. It is amazing that the government is screaming about cut backs and implements them because of the deficits, yet at the snap of a finger there is £40billion available and the yearly contribution can be increased by £10billion.
Furthermore, it had been promised that it these contirutions would not be increased. Yet, the Treasury admitted the payments had been already authorised. For heaven's sake stop smoke-screening and look at it clearly. What did all those countries like Greece, Italy, Spain and Portugal do all those years until now? They survived and were no better nor worse off.
So, why are they all off a sudden going bankrupt every year if they don't get tens of thousand of billions in bail outs. Furthermore their cost of living is much cheaper than in Northern Europe so where does all that money go every year. IT IS EVERY YEAR.
Why do banks claim Europe will go bankrupt if these countries, like Greece pull out? Of course, it would be the BANKS at the bottom of it all and are they trying to hoodwink us? Surely, not spending this money for bail-outs would benefit Britain and be to its advantage.
By now the UK Prime Minister and his government have broken every promise they made. Surely, there is not one promise Cameron made which has been kept. The very falsehood of Cameron riding a bike before the election should have put the voters on their guard. Not to mention that his chauffeur was following him in a limousine with his briefcase. Does he still ride his bike to the Parliament now, I wonder? I bet not and yet he is so much closer to the Commons. He could even walk there and would save all that petrol.