EU demands £25 billion lifeline from the UK

CAJ note: £25 billion is about $39 billion U.S.

David Cameron will come under pressure today to resist demands to contribute more than £25 billion to a new eurozone bail-out.

Tim Ross and Bruno Waterfield The Telegraph [UK] 18 Dec 2011

European finance ministers will aim to agree a new €200 billion (£167.7 billion [$260.7 […]

Britain Vetoes New EU Agreement

John Verum Serum 12/9/2011

They’re not leaving the union, just rejecting a new agreement within the union. Here’s the statement from David Cameron on why he vetoed the new “treaty within a treaty” interspersed with Sarkozy explaining what his means for the rest of the EU:

John has more video at Verum Serum, “And […]

Prepare for riots in euro collapse, Foreign Office warns

British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.

James Kirkup The Telegraph [UK] 25 Nov 2011

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately […]

Margaret Thatcher’s final Q & A in the House of Commons

22 November 2011

On the 22nd November 1990 Margaret Thatcher took questions in the House of Commons for the last time.

The transcript is here.

Unfortunately, the British didn’t heed Mrs. Thatcher’s advice a few weeks earlier when she said, “no, no, no” to a European Union and its policy of single currency. This […]