Invoke Clause 61 of Magna Carta | Campaigns by You "May It Please Your Majesty, 1. The People of the United Kingdom of Great Britain and Northern Ireland have very deep concerns over our European Union involvements which are sufficient to invoke Clause 61 of Magna Carta. This action will recover the powers of Parliament and Your Majesty’s Sovereignty and of the Crown. Also, it has become urgent that the present drift towards economic governance from Europe be halted and recognised as unconstitutional. 2. Clause 61 of Magna Carta makes it clear that if the People are wronged by the Crown and no remedy is forthcoming after all steps have been exhausted, that the People may take whatever action is necessary to obtain satisfaction without fear of reprisal. As Sir Winston Churchill wrote (A History of the English Speaking Peoples -1956) “The underlying idea of the sovereignty of the law, long existent in feudal custom, was raised by it into a doctrine for the national state. And when in subsequent ages the State, swollen with its own authority, has attempted to ride roughshod over the rights and liberties of the subject, it is to this doctrine (Magna Carta) that appeal has again and again been made, and never as yet, without success.” 3. The People were previously rebuffed when noble Lords invoked Clause 61 of Magna Carta on 7 February 2001, at which time they asked Your Majesty to withhold Royal Assent from the Treaty of Nice. On behalf of the People we therefore invoke the authority of: Magna Carta 1215/1297, Clause 61, which states, as repeated with great distinctness by Henry III (1216-72) “… it shall be lawful for every one in our realm to rise against the government to use all the ways and means they can to hinder until that in which have transgressed and offenced shall have been brought again into due state …”,
So far we haven't seen the 15-20% pound depreciation, the 30% loss on the FTSE, the emergency budget with tax increases and more austerity. Instead we have a good early meeting between May and Merkel and are even starting to see some more sensible articles on B of E reports: Bank of England report finds economy has not slowed since Brexit vote | Business | The Guardian Early days but a good start in my opinion.
Not exactly....it's been kicking about in the 1.39-1.46 range this year with an absolute peak of 1.48 on the eve of the referendum as the financial markets were convinced of a Remain result. We're now at 1.32. I make that about 10% max? Probably no bad thing in helping us get our trade deficit down and exports more competitive. There are many countries that would want to devalue their currencies if they could as I'm sure you are aware.
Why not take that back to the 70's and lets look at the even bigger picture We are talking about the difference in the last month since the referendum. Whats that saying again about lies, damn lies and statistics?
I can appreciate that,and if you are determined to lay all of the UK's economic ills at the door of Brexit then your earlier statement backs it up. However,there was no Brexit in 2012 or 2013,when the value of Sterling sank to similar levels,so in the interest of balancing the argument I posted graphs that show recent history. Sterling values will rise and fall at the whim of the markets,driven by the feelings of employees in private companies. Who are in turn driven by the thoughts of their big juicy bonuses "earned",by betting other peoples money on which way the markets will go.(Markets that many of them influence by either their herd instinct or by deliberate manipulation). All currencies fluctuate,and none of us will ever know the real reason why,we will just suffer,(or enjoy!),the consequences They have done so in the past,and will do so again in the future. "make hay while the sun shines"
Ha ha, David Davis and Boris Johnson intelligent people? My arse. Did you see Boris taken to pieces by American journalists the other day? The man was squirming with embarrassment at his own gaffes. And David David - the man who says we will do ten times the business outside the EU. Which equates to 1.5 times the whole trade of the whole world!
I think that Theresa May won't be in the driving seat for too long? She has picked just about every backstabbing two faced mp for her cabinet and she is in for a proper rough ride
