Boris Johnson and Dominic Cummings have plans to substantially change the British government, but they may be derailed by a credit crisis and global recession. From Alasdair Macleod at mises.org:
Boris and the Conservatives won the General Election with a very good majority. In truth, opposition parties stood little chance of success against the Tory strategists, who controlled the narrative despite a hostile media. At the centre of their slick operation was Dominic Cummings, who masterminded the Brexit leave vote, winning the referendum against all the betting in 2016. It was Cummings who arranged for the Tory Remainers to fall on their swords, which by removing the whip reduced the Tory ranks, making them appear vulnerable enough for the opposition parties to tear up the requirement for a supermajority and vote for a general election.
It was straight out of Sun Tzu’s playbook: “All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved.” The way the Remainers were removed was both brutal and public. On September 3, fifteen of them went for a meeting in Downing Street, obviously convinced, with Johnson only having a parliamentary majority of one, that they were in a very strong position to negotiate either for a second referendum or Brexit in name only. Dismissing them, Cummings was blunt to the point of rudeness: “I don’t know who any of you are.” And they left with nothing.
Taking a page from Donald Trump’s book, Boris Johnson and his political consigliori Dominic Cummings have branded their opposition’s Brexit strategy “surrender.” It is brilliant labeling. From Mish Shedlock at moneymaven.io:
Boris Johnson labels the acts of Parliament to stop No Deal a “Surrender Act”.
This is correct, of course.
If you take away the EU’s incentives to negotiate, they are less likely to do so.
It’s not a complete white flag as Johnson has other, albeit undisclosed options, in which he proclaims two seemingly contradictory ideas.
- He will abide by the Benn legislation seeking an extension
- He will not ask for an extension
Boris Johnson may prove even more disruptive than Donald Trump. From Alasdair Macleod at goldmoney.com:
Trump and Johnson face a common enemy in their complacent and costly establishments, but it is wrong to think they share a common approach to government business and finances. For the moment, all attention in Britain is focused on Brexit, but under Johnson’s predecessors, spending has become increasingly driven by process instead of outcomes. Johnson’s chief strategist has identified the reversal of this trend as offering the key to delivering outcomes in a post-Brexit UK while balancing the budget and reducing tax.
Superficially, the electorates of America and Britain share one thing in common. They have both become sick of the establishment’s arrogant presumption that it knows better than the common people. Donald Trump spotted it and won the presidency in the face of enormous hostility from the establishment, both Democrat and Republican, as well as the deep state comprised of unaccountable intelligence operators and bureaucrats. The year before, the Westminster establishment found ordinary people rebelled against its assumed right to run the affairs of the electorate.
In Britain, if a mistake was made, it was to offer a referendum which produced the wrong answer. That is how the establishment appears to see it. In America, the UK as well as in Europe an elite has emerged for which democracy has become an irritant. But the establishment knows the rules and cannot deny their validity. The electorates in America and Britain have now given their establishments an unpalatable message, that they overrated their own importance. The bureaucrats no longer represent the interests of the people. Quite simply, the establishment and its bureaucrats have broken their contract with their electors, drifting away from the primary reason for their existence. The ordinary person has had enough of being ignored.
The result is the establishment is being forced to fight for its survival. President Trump has been fighting this battle on behalf of the American people for nearly two years. The British establishment has been fighting a rear-guard action for three over Brexit. Neither establishment has yet been vanquished. In America, there are signs of an accommodation, a compromise, which will allow the state to gradually resume control. In the UK, the survival of Boris Johnson and his new government depends on his refusal to compromise in its fight against the establishment’s Europhiles and placemen.