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Brexit Observations - Part 2

Let me get this straight.  After hundreds of years of independent, world-wide influence, spreading the precepts of democratic rule, thus decreasing the power of the monarchy, while increasing the role that average citizens play in their own outcomes, and all the while learning the lessons of a free and independent people, the powers that be in the United Kingdom entered into a 1973 agreement to share the wealth so created with a number of countries on the Continent.  Though well-intentioned, over time, British sovereignty was ceded to unelected power brokers in Belgium, who were so in fear of the people of France and other member states that they had to hold occasional meetings in other countries, perhaps as a showing that “they care.”

Along the way, imposed on the citizens of the UK were regulations about the straightness of bananas, the power of vacuum cleaners, the names of jellies and jams, and a host of other intrusive policies and regulations.  But none were so intolerable as the mandate from the “powers that be” to bring tens of thousands of immigrants into their country, without so much as a reasonable background check.  What could possibly go wrong?

Like the legendary frog in the cold water on the stove, the heat increased so slowly that changes were barely noticed.  Like the probable fate of the frog, the society, as the citizens knew it, was nearing a painful death.  I don’t know if the frog in the legend escaped with its life, but it appears that the United Kingdom (OK, perhaps not all of it) may do just that.  The solution?  Passage of Brexit, the June, 2016 vote to separate England from the EU.  The majority decision to sever ties with the European Union after 43 years is indicative of the frustration of average citizens who were feeling the water approaching a boil.

Brexit reactions in the United Kingdom ranged from overwhelming joy among the populace to fear, loathing, and retaliation among the powerful so-called leadership.  Every day since, more loud and powerful voices are calling for a re-vote.  Not a re-count, a re-vote, as they knew they lost to majority will.  The arrogance among those who “know better what is good for the people” is visible and intolerable.  So much contempt do these elitists have for the average citizen that their leader, Prime Minister David Cameron, resigned in disgust at the outward display of free will shown at the ballot box.  All he had to do was his job – lead the country back to independent status.  But no; he resigned in disgust so he wouldn’t have to set his citizens free.  Frankly, I thought we taught them all a freedom lesson in 1776.  This particular weekend seems a particularly appropriate time to remember that.

The world’s other titled power brokers agreed.  With Cameron, that is.  That includes our own “leaders,” elected and otherwise, who have spent days explaining what a horrible travesty just befell the world.  British subjects demanded freedom to eat curved bananas, run powerful vacuum cleaners, eat jellies and jams with too much (or too little) sugar content, and to decouple from international leaders who now call the English language “illegitimate.”   Granted, the British speak English a little differently than we do, but after all this time, I think English is a proven asset.  Take a plane flight to another country, anywhere, and see what language the air traffic controllers use to guide the pilot to safety.  Without the English language, there might be a great deal of danger in the skies, and in the world in general.

Last week I declined to draw any parallel to the current political situation in the USA.  Since the dust has started to settle, I no longer feel the need to be so reserved.  Enter the Trump phenomenon in 2015 and 2016.  Our political know-it-alls said it couldn’t be done.  No way would “The Donald” ever get enough pledged delegates to achieve the nomination of a major party.  After all, we had 17 of the finest candidates ever proffered for consideration.  I consider that true, and could have been happy with any one of them, had the voters selected any other candidate.  Yet, one-by-one, they fell to the compelling American story told by Trump.  Now, in a bizarre parallel to Brexit, the powerful are determined to stop Trump, which would mean overruling the will of the majority.  Us.  We the people.  The bill payers.  Those who are governed by their own consent.  Those who ask only their God-given right to exercise free will.  “They” don’t care about “us.”

There is a difference between the UK being governed by unelected officials in Brussels, and the people of our 50 states in the US being governed by elected officials in Washington, D.C.  We have an opportunity every few years to replace our leaders the old fashioned way – at the ballot box.  But now that we have begun the process, the rich and powerful have shown a great deal of determination to not let us have it our way.  If they take action on this plan, I ask everyone to join me in a new rebellion.  Peacefully, of course, but in no uncertain terms.  I would revoke my Republican voting registration and replace it with the big “I,” for Independent.  Should this come to pass, I hope that many of you would join me.

Ours is a financial show, and our business is about things financial.  Believe me when I tell you that this is a financial topic.  Americans are fighting a plethora of financial problems, from stagnant wages to tragic job losses.  We are taxed more heavily than the citizens and corporations of any other country.  Yet our infrastructure is falling apart, and “Johnny can’t read.”  And worst of all, we are nearly $20 Trillion in debt, which grows at an unsustainable pace.  Remember, anything that is not sustainable will stop.  It is only a question of time.

Can we be saved the fate of bankruptcy and servitude?  Perhaps; I wish I were more certain.  The only situation that is unacceptable is the status quo.  Yet the powerful, whom we have dubbed the “Establishment,” do not want, and will not willingly accept, change.  Real change, not the sloganeering of 2008, is the only way out.  It is up to us, and only us.  Make noise – the noise of paper rustling through a vote-counting machine.  It took every one of 72% of England’s registered voters to achieve this great victory.  Will we get a sufficient turnout?

Stay tuned.