'Brexit' Explained

One would be hard pressed to overstate the seismic political import of what happened in the UK last night when the supporters of “Leave” edged “Remain” by 51.9% to 48.1% (17,410,742 to 16,141,241,) handing “Brexit” supporters a monumental victory of shockingly historic proportions.

On the vast political stage, the vote shakes the EU to its fiscally bankrupt, crony bankster core; on the local level, the referendum will have ramifications for the livelihoods of many Brits across England, Scotland, Wales and Northern Ireland.

To get a clear and concise picture of what this means worldwide, let’s offer a sizeable bit of background information on the EU, its origins, its major problems, what happened last night, and what the process looks like for UK withdrawal.

Here are the basics:

The concept for the EU was started in 1945 as the brainchild of a handful of people, principally Jeanne Monnet, a well-connected French businessman and string-puller who believed that a large European super-state could prevent sub-states such as Germany from rekindling a world war. Essential to his concept was deception of the populace – no joke.

According to Monnet: “Europe’s nations should be guided towards the super-state without their people understanding what is happening. This can be accomplished by successive steps, each disguised as having an economic purpose, but which will eventually and irreversibly lead to federation.”

Great Britain officially joined the EU in 1973.

Early supporters of a European Union believed it would act as a free trade zone, lowering tariffs and allowing easier movement of labor from nation to nation. Within two decades, it became clear that the EU was seething with bureaucrats, and was a revolving door for crony political mercantilists from banks like Goldman Sachs who filled the EU books with reams of regulations and got the European Central Bank to hand out money to member nations in order to protect the “interests” of banks like… Goldman Sachs.

“Member nations” such as Greece, Spain, Cyprus, Portugal and Ireland ran up massive debts in the past ten years, and the ECB not only bailed them out, but also installed new leaders in some, leaders who were hand-picked from -- you guessed it -- Goldman Sachs.

Much more here