I knew HM UK PM Cameron was on the right track when I heard a a labour MP on CBC.ca | As it Happens ranting about Cameron( of course with no balance, cbc bias as usual. Labour is completely wrong on almost everything. Cameron has made the right decision
Cameron leads Britain to a new dawn as the EU sets sail on the Titanic to a doomed future
By NICK WOOD
Last updated at 12:00 AM on 10th December 2011
Jubilant: David Cameron is leading Britain to a new dawn with his momentous victory in Europe
With one bound he was free. Well, almost. At a stroke, David Cameron has mended a thousand fences with his increasingly mutinous MPs and with a British public increasingly disenchanted at being ruled by a foreign power.
Black Wednesday, later rechristened White Wednesday, was September 16, 1992. That’s when Britain abandoned the ERM, the forerunner of the euro, and reclaimed control of its currency. December 9, 2011 will go down in history as marking an even bigger break with the damaging and undemocratic European project.
The truth is Cameron had no choice but to veto the Merkozy power grab. Their plans for a financial transactions tax is a missile aimed at the heart of the City of London, which accounts for 10 per cent of our national output and contributes £54 billion a year in tax revenues – roughly half the cost of running the health service.
Just as bad, the EU is gearing up to bury the City beneath a blizzard of job and wealth-destroying regulations. At present, 49 new pieces of European red tape are in the pipeline.