{"id":19922,"date":"2016-08-13T13:15:13","date_gmt":"2016-08-13T12:15:13","guid":{"rendered":"https:\/\/www.diaryofanadi.co.uk\/?p=19922"},"modified":"2016-08-13T13:15:13","modified_gmt":"2016-08-13T12:15:13","slug":"more-brexit-bunkum","status":"publish","type":"post","link":"https:\/\/diaryofanadi.co.uk\/?p=19922","title":{"rendered":"More Brexit Bunkum"},"content":{"rendered":"

This news report on the BBC website reports that he government is to \u201cguarantee post-EU funds\u201d<\/a>. People shouldn\u2019t get too excited, though that is naturally going to be very difficult for the average Brexiter, who will probably orgasm when they read it.\"EU<\/p>\n

It turns out that the EU is funding somewhere close to \u00a34.5bn per year in  the UK.<\/p>\n

Now, just a reminder here, but apart from being able to set fire to anyone suspected of being an immigrant and ethnically cleansing the British Isles, the second major rallying call of the Brexit camp and its troglodyte supporters was that we would save \u00a3350m by not having to pay our annual membership subs to the EU. All of that money was allegedly going to go to the NHS.<\/p>\n

This next part is completely beyond the understanding of any Brexiter, but \u00a34.5bn is more than TEN TIMES BIGGER<\/strong> than \u00a3350m. And at no point did ANYONE (except me, who has mentioned it several times) even consider the loss of EU funding and its wider effects.<\/p>\n

Since Brexit was unexpected, no contingency had been considered for the loss of funding, and it is only now that we come to it. The report says that the Treasury will cover all funding which has already been granted, and all agricultural funding up until 2020. Ironically, UK companies can still apply for EU funding while the UK is still a member, though any grants would not be covered by the Treasury if we subsequently left.<\/p>\n

A few idiots \u2013 one of whom is the President of the Royal Society \u2013 have \u201cwelcomed\u201d the plan, instead of opposing Brexit. Fortunately, Scotland is still playing with a full deck, and the Finance Secretary has said:<\/p>\n

\n[the announcement]\u2026\u201dfalls far short” of what is needed\u2026 A limited guarantee for some schemes for a few short years leaves Scotland hundreds of millions of pounds short of what we would receive as members of the EU.<\/p>\n<\/blockquote>\n

Yes. And that applies to Northern Ireland, Wales, and England. Why can\u2019t people see that unless we keep up the funding, it will be a disaster when it ends \u2013 and here\u2019s another thing you heard from me first: when it ends, like it will have to, it may well be in the middle of a catastrophic recession borne out of Brexit.<\/p>\n

Trying to pay grants and subsidies by pretending we\u2019re still in the EU has a much better modus operandi<\/em> \u2013 STAY IN THE EU FOR REAL.<\/strong><\/p>\n

While we\u2019re on the subject, this is the closing GBP vs USD price this week.\"GBP<\/p>\n

We\u2019re at $1.29 \u2013 almost a new low \u2013 and unless the report above is designed to hold it steady and it works, when the markets open again on Monday the trend is clearly downwards. All those minor rises since Brexit have occurred as a result of various attempts to hold the GBP steady, and all have only worked for a short time because the overwhelming force is down.<\/p>\n

I think we\u2019ll see a slight recovery on Monday as a result of this announcement. But how long for is anyone\u2019s guess.<\/p>\n

WE ARE BETTER OFF IN THE EU THAN OUT OF IT.<\/strong><\/p>\n

Oh, and I almost forgot. Where is this extra \u00a34.5bn going to come from? Who will suffer as a result?<\/p>\n","protected":false},"excerpt":{"rendered":"

This news report on the BBC website reports that he government is to \u201cguarantee post-EU funds\u201d. People shouldn\u2019t get too excited, though that is naturally going to be very difficult for the average Brexiter, who will probably orgasm when they read it. It turns out that the EU is funding somewhere close to \u00a34.5bn per […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[98,87],"tags":[],"class_list":["post-19922","post","type-post","status-publish","format-standard","hentry","category-brexit","category-news"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/19922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19922"}],"version-history":[{"count":0,"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/19922\/revisions"}],"wp:attachment":[{"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diaryofanadi.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}