Sunday 21 November 2010

Guilty Men: When are supporters of the euro going to apologise?

Telegraph
"Even more hilariously wrong is this piece by the Environment Secretary, Chris Huhne. Every line is rich in comic irony, but perhaps the best is this one:

If we get rid of sterling and adopt the euro, we will also get rid of sterling crises and sterling overvaluations. This will give us a real control over our economic environment. Our manufacturers, farmers and other trading businesses would be able to rely on the exchange rate against our main continental trading partners staying unchanged forever.

Not that I want to pick on Lib Dems. Michael Heseltine thought it was “barking mad” not to join at the beginning. Peter Mandelson averred that “the price we will pay in lost investment and jobs would be incalculable”. Ken Clarke agreed, saying “Britain’s economy would be damaged if we stayed out too long”. Five minutes on Google will show similar sentiments from Tony Blair, Chris Patten, Gordon Brown, Vince Cable, Peter Hain and the rest."

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