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Obama Threatens UK With Economic Penalties if it Leaves EU

Posted By Daniel Greenfield On May 27, 2013 @ 10:08 pm In The Point | 29 Comments

During Cameron’s visit, Obama bizarrely inserted himself into a national debate within the UK over whether to leave the European Union urging Brits to fix their relationship with the EU, rather than “breaking it off”.

Now Obama Inc. is making it clear that a proposed US-European trade agreement will not include the UK if it withdraws and that no separate agreement will be negotiated.

The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain.

There is no reason to tell this to UK officials who are probably less retarded than their American counterparts the obvious. Just as during the Cameron visit, we’re looking at stage managed statements pre-arranged between Cameron and Obama’s people.

The so-called Transatlantic Trade and Investment Partnership is largely imaginary. Its prospects in the Senate aren’t that good and France and some other European countries don’t much care for it. The European Parliament is already scaling down the proposed pact and by the time everyone sticks in their exceptions, there won’t be much of an agreement left.

The TTP agreement would make far more sense if it were between the United States and the United Kingdom, but its whole purpose is bait to keep the UK in the EU. It’s a carrot being held out on a long stick to offer the promise of benefits that will never materialize if only UK voters give up their flirtation with independence.

 


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