John Maynard Keynes and St Matthew agree: monetary union means political union

[davidfliu]

Can you add "render unto caesar" into the tags? I just spent a good 30 minutes trying to find it again!

[MerckZ]

A Commonwealth of Not-So-Independent States...

[356pla]

@mistara31415 Please come to Canada and bring your sanity with you.

[356pla]

@mistara31415 We're all in this together.

[EndDepravity]

@mistara31415 Vogter2100 says Denmark is the shit. 

[josemi72]

I love the indian guy sitting next to him and the Spaniard...they're both cracking up at Daniel's commentary.

[jcvjcvjcvjcv]

@mistara31415

I hope Germany leaves the Euro.

Because if they do, the chance that my country (Netherlands) will follow, increases a lot.

[pragmatismnotidealis]

The language Interpreter's must have their work cut out when Hannan speaks as their so used to translating left wing news speak.

[mangoswiss]

I like Dan Hannan. I agree with his politics but irrespective of whether you agree or disagree with him, I don't think anyone could deny that he's an exceptionally eloquent and funny orator.

[SpecialFester]

@mistara31415 Ya, I can only imagine the absolute chaos that would've been life in the Weimar Republic. It's not surprising that people would embrace anyone who offered a solution when it takes a wheelbarrow of money to buy a loaf of bread.

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The way we've been borrowing and spending to pay for the new ObamaCare program, "stimulus" packages, and nation building in the middle-east, i fear we may be headed there soon.

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Keynes is crazy. "Raise aggregate demand!" Doesn't matter how! Insanity.

[SpecialFester]

@mistara31415 Ya, if the situation in Greece isn't enough to make you a Eurosceptic, I don't know what will. Remember that time when you used to be an empire that spanned half the globe?

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But then you got the idea that the government can take care of everybody. And the ones who work, and produce, invest, and create should pay for the health care and the housing of those who don't. Feed and clothe the children of the welfare queen.

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I'm ashamed to say we've moved in that direction as well.

[RMMHS4RP]

It is quite gratifying to hear Mr. Hannan refer to Hayek in other speeches with regard to the business cycle. Does he also subscribe to Hayek's view that the market should determine what money should be?

[InCharacter]

Long live the pound! Daniel Hannan always gives a good speech, but this one was especially worthy.  The pound may have lost most of its original value due to inflationary means, after becoming a fiat currency, as the dollar has; but it will always be better than sacrificing sovereignty further through a multinational fiat currency.

[boucher63]

Did Europe become a country as of 01 12 09 with the passing of the Lisbon traety?

[emanitudism]

@boucher63

Sort of.

They'll say it was passed.

But what does the sovereignty of the people say?

We don't know, because in these enlightened democracies, the majority weren't asked.

[LongLeggedMcDaddy]

The fact the E.U. parliament is near empty whenever a one in a life time genius is giving their point says it all about the E.U, Parliament. Brilliant as always, Daniel.

[battlebauble]

Ha,ha,ha! Good one Daniel! Amen!

[SkankinRep]

President Obama's a Progressive which descends from Leonard T. Hobhouse's 'Modern Liberalism' and Thomas Hill Green's 'Positive and Negative Freedoms.'

Dan is 100% correct here. Freedom and the ability to govern oneself ultimately depends on the ability to own property because without the ability to sustain oneself without government aid or some outside authority, an individual may pursue their goals without the threat of cohesion without the ability to defend oneself and sustain ones life.

[Filmore87458]

Man, can this guy speak! I wish he were part of the USA government. Maybe our next President will have him as an ally. OUr current so-called president has no friends--but want to be friends with the radical islamists. Nice going, dumb-O.

[jessebickeldotcom]

Thank heaven they had the foresight to sell all that gold at 250/oz.

[jvforever72]

This guy should be Prime Minister, i wish he was eligible for the Presidency of the Usa.

[marsbennett]

You are a special man at a very special time in history.  I see no other that can possibly save the UK.

[65nom]

the coin has been debased...

the sovereignty ... ? Brilliant speech Dan, you're a breath of fresh air, a light shining in an uncomprehending darkness..

[randomgasattack]

It's good to see that other members of the parliament appreciate Hannan's intelligence.

[Athenaikos]

What I don't understand is this. You keep complaining about the European Union and keep distancing yourselves from it, claiming how smart such position is. However, if you are to become a player in European affairs you need to get involved. Is the is a case of sour grapes? Would you say one day that the EU was not worth it after all?

[Athenaikos]

I guess it is hard to concede that Germania rules Europe.

[blandinthebasement]

Hanan will be the PM in the future....unless the UK is full of complete imbeciles like those of us here in the U.S. who voted a quasi-communist into the White House. Our current administration salutes only one color in our flag: red.

He not only allowed violent radicals draft our health care legislation, he put them up to it.

When will America wake up from this progressive dream and see that they are sitting in their own feces?? LEAD THE WAY BRITAIN.

[arcanekrusader]

@blandinthebasement I hope so. My only fear is that there are too many unthinking, brainwashed people here already. I hate to think what the next generation of voters has been taught at school over the last decade :S

[TruthMediaRadio]

@blandinthebasement I'm afraid that i can't hold out much optimism for this country doing the right thing. In the fifteen years I've spent on this planet I've seen a nothing but passive obedience in the public. They subscribe to party politics failing to see the bigger picture, they will take any attack on their human rights with almost no protest and they are susceptible to every form of propaganda at the governments disposal.

We once led the world but those days dissappeared with the empire.

[luciusETRUR]

Obama is not a communist.. a social liberal, yes, but heaven's he is not a communist.

[sinimini]

Marxist

[uk6strings]

This has got to be one of my favorite clips of Mr. Hannan - right up there with "A devalued Prime Minister" and "the sovereignty of National Parliments"!

[burtpuma]

Hannan is a great man - His witty eloquence is even enjoyed by many of those opposed to his viewpoint. Keep battling Dan the truth needs to be voiced, and you do it so well.

[Cena60793]

He's a very articulate politician, he's a Tory, but I'll let him off

[pieface4475]

The German bailout of Greece will be socialism in action on a international scale. The prudent will be forced to pay for the feckless, lazy and unlucky on a international rather than an individual scale. I thought that was what the EU was all about, why are the Germans complaining? They love their socialism on the continent, this should be their dream come true. On second thoughts they probably are happy about it as now they have an excuse for even more control freakery.

[FilmCryptic]

Please-oh-please come to new zealand!

We need a prime minister like you!

[allan9654]

haven't seen such an articulate politician since....since tony blair

[TruthMediaRadio]

@allan9654 Tony Blair isn't articulate, he has lies written into the very essence of everything he says and lies can never be articulate, only shrouded by yet more deceit.

[93msinclair]

The pound is in a very weak position but nonetheless it essential that a sovereign state has a flexible money supply that suits its economic status. The best way to achieve this however is through a gold standard that limits the money supply and enforces those unpopular but necessary decisions such as raising interest rates during a recession.

[strongbadXCP]

I am amazed every time he addresses the assembly. I don't think Mr. Hannan could speak poorly if he tried.

[express375]

They will never give up power and will always try to take it away from us all.

Keep it up Dan

[3martijns]

Spanish Jerk who grins at a sober thing will cry soon enough.

[ThatGuyWithTheHat]

God, I love this guy.

[ric0rich]

good stuff

[hiphopsocnroc]

Nice, very nice indeed...

[GlennJericho]

I like Daniel Hannan, but this has to be one of his BEST one-minute-fifteen-second speeches ever!

[bodzio4062]

@GlennJericho Actually, his "viral" speech was the one where he publicly flogged Gordon Brown. I hope you've watched it ... :D

[jinx47555]

poor Germans. a great people being put through the ringer. not to discredit the other breadwinners in the eu.

[bodzio4062]

@jinx47555 Yes they are, but ... (here it we go with another butt)., they seem to be tolerating (again) their own politicians who (again) showed an evident hunger for German expansion throughout Europe....( just an observation, nothing against German people) ... They need to wake up, and tell the politicians in Berlin to take care of German first, and later (maybe) worry about the rest of the world.

[lawlkekbur]

I thought that Keynes quote was often attributed to Mayer Amschel Rothschild, but with a different phrasing.

[dromeiro]

excelente

[jortizz]

Keynes and his followers are like witch doctors - neither of them have a clue of what they are doing, but they have convinced all the villagers otherwise.

It's time the world forgets about Keynes and looks at Mises and Rothbard.

[Iain1962]

Which is what has been happening all over the world. The taxpayer has been obliged to bail out the big institutions who gambled away our money. So what's the difference, as long as we are all following Keynseianism and have central banks this is what is going to happen.

[BiffaTW]

well spoken VERY good Mr Hannan!

[OdCzapyZestaw]

NICE !

[4KnowWon]

The Pound is the only thing which keeps the UK afloat! I'll bet the German's wish they'd have kept their Deutch Mark. The German's and Brits should secede from the EU and leave it to France and the other PIIGS.

[93msinclair]

@4KnowWon I bet the Euro-zone is thanking god that Germany doesn't have the Deutch Mark or else the Euro would crash

[ncurran1987]

All his speeches are amazing. You can tell he studied literature more than politics. The eloquence of each of them is astounding

[doverlin]

More than literature, he is a student of history.

[Wcoltd]

I think these words are going to live in infamy - the pound will likely not last very long.

[strongbadXCP]

@wcoltd - the pound has been around for about 1000 years, it may weaken or change going forward, but don't start the funeral music quite yet.

[imre1000]

The pound until about 2 years ago was backed by a strong financial sector and oil supplies in the north sea.

What's backing it now?

[Wcoltd]

@strongbadXCP Well I agree anyway, despite the U.K.'s finances the UK would be better off protecting it's individual soveriegnty than it would be if it adopted the Euro.

[ProNorden]

Hannan should either take-over the Conservative Party or become a leading light in the BNP.

On a perhaps trivial point, why do nearly all British politicians nowadays wear the starched -collar dress shirts and overly colorful/flashy/meretricious ties? Doesn't anyone in the UK wear button-down collars? Maybe a conservative, narrow school, regimental, rep tie?

[gregorioallegri]

Yes, Hannan should join the knuckle-dragging socialists in the BNP, because he'd really fit in with their poisonous mix of state control, collectivist nationalism and protectionism, wouldn't he?

[theredraven]

He'd be out of step with the BNPs economic policy.

It'd be like asking Hittler to be the President of the German Friends of Israel society if you see what I mean.

[shaurz]

@ProNorden Hannan would not hang out with statist idiots in the BNP

[ttwestman]

Well spoken Mr Hannan! 5*

[1kings1918]

Daniel runs circles around these guys. LOL

[YESobamaCANfuckupUSA]

keynsian economics is a flop but good one dann