The Mudcat Café TM
Thread #35616   Message #487639
Posted By: Ringer
20-Jun-01 - 05:10 AM
Thread Name: BS: Should UK join the Euro ?
Subject: RE: BS: Should UK join the Euro ?
...when I have time...

Incidentally, JinH: TB has not exactly promised us a referendum within 2 years; he's only promised that the decision on whether or not to offer us a referendum will be made within 2 years -- strictly, he has said that the Chancellor's "5 tests" will be considered and, if they indicate "pass" then we'll get a referendum. But these 5 tests are entirely subjective, there's nothing quantitative in them at all; how, for eg, can you decide whether it'd be a good thing to join if you don't know the proposed joining rate? Anyway, my objections are much more fundamental than these 5 tests or any question of exchange rates: we'd be giving away freedom. There has been (almost - Dave the AM above is an honourable exception) no discussion of the issue of sovereignty, either in this forum or in the British press (which latter I consider to be culpable for not holding the British Government to account). And I find this strange, 'cos it's the most important thing. For one thing, it's open-and-shut fact whereas the economic benefit is questionable in the extreme. Who was it who said "Those who surrender liberty in exchange for economic gain deserve to lose both"?. (Got a bit carried away here -- hope you noted my restraintin my first posting above. This is not yet my considered reply.)