Brexit: Mark Carney can **** right off back to Canada

overnor of the Bank of England Mark Carney delivers a speech at the annual Peston Lecture at Queen Mary University on January 19, 2016, in London, United Kingdom.
Frank Augstein - WPA Pool/Getty

Mark Carney was imported from his native Canada to become Britain’s Bank of England governor on an £874,000 salary for one reason and one reason only: to serve as the creature of Chancellor of the Exchequer George Osborne.

George Osborne has decided to stake his political future on Britain voting to remain a member of the European Union.

So naturally, his Dobby the Maple Leaf House Elf over at the Bank of England felt obliged to serve his master yesterday by declaring – entirely independently, of course, and without prejudice – that if Britain were to vote for Brexit then the sky will fall in, Ringwraiths will stalk the land, men will say openly that Christ and His saints slept and, worst of all, property prices will fall by approximately 318 per cent.

Because maple leaf Dobby is speaking with the authority of his position of Governor of the Bank of England, a lot of people will go: “Well he must know what he’s talking about. He’s Governor of the Bank of England, innit?”

You could make the same specious argument about Goldman Sachs, Christine Lagarde, Jean-Claude Juncker, President Obama, Prime Minister David Cameron, the Confederation of British Industry, the European Commission…

Like Carney, they’re all for the European Union because they’re all part of the Establishment elite in whose interests it is run. As Martin Durkin argues cogently in the must-see Brexit the Movie – watch it here – that’s what the forthcoming EU referendum is really about: the battle between a remote, anti-democratic elite and us the people.

Just like the global warming scam, the Remain campaign is very heavily reliant on the “appeal to authority” of “expert” figures such as Carney.

“Of course we wouldn’t expect you, stupid little person, to get your muddled head round all the complex economical issues in the EU debate. So here’s an expert from the Bank of England – you’ve heard of the Bank of England, haven’t you? – to tell you what to think.”

But Carney has a problem here, the same problem the Remain campaign has had throughout, viz: while there is virtually no real world evidence to support its doom-mongering claims, there are copious real world examples of economies which have thrived outside the EU such as Switzerland, Israel, Hong Kong, Singapore and Japan.

This is a really simple point that you don’t need to be an economist, let alone the Governor of the Bank of England to understand. Tim Congdon expresses it clearly in Standpoint.

Yet the promoters of Project Fear and far too many headline writers have been busy in the last few weeks with silly alarmism. They say that the day after a vote for Brexit will see collapses in the value of the pound and the stock market. Can they not see that Brexit would merely result in the UK becoming just like any other non-EU nation? No facts or data show that EU membership affects the long-run valuation basis of the currencies, stock markets and assets in general of EU member states relative to the currencies, stock markets and assets of non-EU member states. The sky hasn’t fallen in because the US, Japan, Canada and others are not EU members; the sky will not fall in because the UK is not an EU member.

Canada has given the world many fine things, among them After The Goldrush; The Safety Dance by Men Without Hats; copious quantities of oil; the heroism of Vimy Ridge and Dieppe; Mark Steyn; maybe the scariest movie twist of all-time. But Mark Carney, the money-printing, Vampire-Squid-trained, global-warming-scaremongering, Establishment elite stooge most definitely isn’t one of them.

So **** off back to Canada, why don’t you Mark? And take your even more annoyingly right-on eco wife with you. There’s a new liberal regime back home now, run by a guy right up your street named Justin Bieber (something like that anyway). When you’re auditioning for a new job – Governor of the Bank of Canada, maybe – and they ask you how you managed to make such a mess of things during your stint as Chancellor Gideon Mandelborne’s obliging familiar here’s what you can say: “Maple Leaf Dobby never meant to kill the UK economy! Maple Leaf Dobby only meant to maim or seriously injure…”


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