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Brexit XI

It’s the Monday after the Friday after the Main Event. That main event, for those with a short memory span was BREXIT, or to be more precise, the national vote in the United Kingdom  of Great Britain and Northern Ireland to LEAVE the NEO-MODERNIST EXPERIMENT which goes by the name of the European Project or European Union if one prefers. In the title of today’s post, we paraphrase the Newtonian third law of motion, i.e. To every action there is always opposed an equal reaction.  It appears to apply to the post-BREXIT information flow likewise.

In today’s post, I will try to “lift some of the fog” around all the information (RATIONAL) and dis-information (TRANSRATIONAL)  that has been produced since that fateful Friday morning, in order to put all this in a proper context.

Starting off with the RATIONAL, I would just like to say that I AM SO PROUD OF ALL OF MY FELLOW BLOGGERS. Reading through my favorite blogs, I have NOT come across one TRANSRATIONAL post pertaining to this subject matter. I see that we are all on the same page. Furthermore, since my fellow bloggers do not write about this area of human endeavor on a regular basis, if ever, I can infer that all came to an identical conclusion independently, detached from the opinions or sway of their fellow bloggers. This would demonstrate a RATIONAL thought process among this subset of Catholics.

And now we come to the TRANSRATIONAL side. My regular readers will know, that one key giveaway for what constitutes a TRANSRATIONAL thought process is a reliance on EMOTION. When we spot emotional arguments, we can be certain that we are dealing with a TRANSRATIONAL though process. To illustrate just this PHENOMENON, I will cite just one article titled ‘This is the end’: Media hysterical over Brexit, that appeared on the Washington Examiner website (see here). Here is a taste of the TRANSRATIONALISM:

Reporters around the world were left terrified, heartbroken and angry over the vote in the United Kingdom to withdraw from the European Union.

“No words. The dream is over. Britain has voted to fall into the sea. This is the end,” Fusion’s Felix Salmon opined on social media. “I despair. This is not my England.”

“I feel like there’s been a death in the family. There needs to be some kind of funeral,” he added.

U.K. journalist Oliver Bullough despaired, “If you voted Leave, you voted to destroy my country and ruin my children’s future. Do not expect me to be cool about this, because I’m not.”

And it goes on and on…

Oh well, so much for OBJECTIVE, DISPASSIONED reporting from a purported “professional” journalists class.

What’s important to note is that not only are these folks quite emotional, they also deem to suggest that they are likewise clairvoyants. What is interesting to observe with these “journalists” who supported the REMAIN campaign, is that they are at odds with other REMAIN supporters, supporters that could be considered having more credible “predictive” capabilities, such as George Soros, who in turn are not certain if in fact voting LEAVE is equivalent to a “vote to destroy my country and ruin my children’s future”. Actually, Mr. Soros has this to say (see here):

Now the catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible. Britain eventually may or may not be relatively better off than other countries by leaving the EU, but its economy and people stand to suffer significantly in the short to medium term.

Oh well, so much for our clairvoyant “professional” journalist class’s gloom and doom scenario. It would appear that the visionary authority figure funding this utopianist NEO-MODERNIST “global village”, not  to mention BIG HUMAN TRAFFICING, one Mr. George Soros does not concur.

When looking at other opinions from other financial market participants, ones with even better predictive capabilities than Mr. Soros, these opinions are even more in the RATIONALIST camp. And on an aside, they have to be RATIONALISTIC in nature since these folks, figuratively speaking “put their money where their mouth is”. Excuse the digression… One such market participant who specialises in analyzing market risk is Mr. Nassim Taleb of the Black Swan fame (see here). Here is how Mr. Taleb sees the BREXIT vote:

Nassim Taleb

And just in case you are wondering what an IYI is, here is the answer:

What’s IYI?

Intellectual Yet Idiot: semi-erudite bureaucrat who thinks he is an erudite; pathologizes others for doing things he doesn’t understand not realizing it is his understanding that may be limited; imparts normative ideas to others: thinks people should act according to their best interests *and* he knows their interests, particularly if they are uneducated “red necks” or English non-crisp-vowel class.(Read more here)

Rather biting commentary is I do say so myself.

So back to the story. What is the common theme for why those “red necks or English non-crisp-vowel class” voted to “doom Oliver Bullough’s country and ruin his children’s future?

It would appear that the following is the most RATIONAL explanation (see here):

But now, as Martin Armstrong notes, Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now eight more countries want to hold referendums to exit the EU – France, Holland, Italy, Austria, Finland, Hungary, Portugal, and Slovakia all could leave.

With Hollande’s approval rating at about 11%, and Merkel lucky she is not tarred & feathered, the Front National leader Marine Le Pen has pledged to hold a French referendum. Hollande rejected Le Pen’s call for a refendum today during their meeting…

So what “equal and opposite TRANSRATIONAL reaction” could the “semi-erudite” bureaucrats and political class from Germany and France produce?

The answer comes from the Polish national television station TV Info. It would appear that a 9 page document was received by the Polish Foreign Ministry this morning. Here is a translation of the most important part: (full Polish version here)

A European superstate instead of the European Union. Such an ultimatum will be presented to the countries of the Visegrad Group (Poland, Hungary, Czech Republic, Slovakia) at a meeting in Prague by the German Foreign Minister Frank-Walter Steinmeier. The “Minela 20” (news program) and tvp.info portal came into possession of the such a plan contained in a 9-page document, signed by foreign ministers in Berlin and Paris.

If the provisions of the document would enter into force, instead of an European Union there would be one European country, comprised of today’s most powerful EU players.

No ownership

Member countries actually would not have the right to their own army, their own foreign service, their own separate Criminal Code, a separate tax system – including domestic taxe levels, its own currency, or a central bank that is capable of a real defense of the financial interests of the nation-state.

In addition, Member States would actually lose control over their own borders, admission procedures and relocation procedures of refugees on their territory.

The project also envisages the introduction of a uniform visa system and the conduct of a common foreign policy with other countries and international organizations. If this document would be implemented, it would  limit the role of NATO on the European continent.

In the preamble of the text, France and Germany wrote: “Our countries share a common destiny and a common set of values that give rise to an even closer union between our citizens. We will therefore strive for a political union in Europe and invite the next Europeans to participate in this venture. “

Oh well, looks like the European Spring that the BREXIT has just set off will turn into a “long hot summer”.

Closing, the situation described above brings to mind a quote from the anti-Catholic Edward Gibbon who once described history as follows:

History is indeed little more than the register of the crimes, follies, and misfortunes of mankind.

It would appear that the above description fits contemporary European politics quite well. How else can one explain the completely TRANSRATIONAL document that the Polish Foreign Ministry received this morning?

One can’t, in any RATIONAL way, shape or form.

Update: 27 June 2016 13:00

More on the hare-brained EU SUPERSTATE idea from the Daily Express here.