Sister blog of Physicists of the Caribbean in which I babble about non-astronomy stuff, because everyone needs a hobby

Wednesday, 28 March 2018

Blair continues saying sensible things on Brexit

This was apparently a "Speaker's Lecture" in Parliament. I can't find a video of it anywhere.


In no other dimension of life let alone politics, in no personal decision that any of us take in the myriad of different situations which require decision in our lives, would we take such an all defining direction to a new future in this manner. We wouldn’t move jobs on that basis, move home, marry or divorce with such a ‘whatever the terms’ abandon as we apparently have chosen to do in this case of the most momentous decision for the direction of our country in modern times.

By a combination of a pitiful lack of leadership and the bludgeoning of that part of the media dedicated to Brexit at any cost, we have taken the British people to the point where we consider it a betrayal to allow them to re-visit the most important political decision of their lifetime once they are in possession of the full facts which will determine the nation’s destiny for generations to come.

If the people are to be trusted with the decision to leave before we know the terms of exit, why, once we have that knowledge, are they now disqualified and seemingly incapable of making the decision on whether the terms of exit meet their approval?

In all areas – from pharma to cars to financial services, what I call ‘the Dilemma’ will become manifest. Either we keep to Europe’s rules – however we call it, equivalence or alignment – in which case we have not fulfilled the central Brexit promise of absolute control over our laws; or alternatively we are free to diverge from those laws in which case the disruption to trade and consequent economic damage will be large.

As time goes on, the Government will recognise fully that if they put a proposition to Parliament which clearly resolves the Dilemma, and before March 2019, the risk is it will not pass. Either it will mean divergence from Europe in which case, the business community will protest the damage and MPs will take notice of that. Or it will mean alignment with Europe in which case the diehard Brexiteers will cry foul and the British people will wonder why we are leaving.

We are utterly and wrongly complacent about the damage to financial services if we lose access to Europe’s Single Market. Short term, the losses will be limited because of course it is hard for Europe to re-adjust from London as a financial centre for European finance. Short term.

Long term, the City should be under no illusion: European regulators and even more so, European politicians, will not find it acceptable to have the centre for European finance outside the purview of European regulation. Frankfurt, Paris, Dublin are setting out their stall. Over time, we are going to haemorrhage jobs and business.

The most alarming characteristic of the Brexiteers is their confusion of delusion and patriotism. To recognise Britain’s position in the global hierarchy of nations and how it is changed over the past 70 years is not to be unpatriotic.

In alliance, we gain strength. That is the modern case for the European Union. To say this is not to diminish British pride in what we have achieved or confidence in what we can achieve. It is just to say that reality, not fantasy, is a better guide to statecraft. It is not to dishonour our past, it is simply to understand that the future will be different.

http://www.theneweuropean.co.uk/top-stories/blair-brexit-speech-in-full-1-5451824

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