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De Omnibus Dubitandum - Lux Veritas

Saturday, June 25, 2016

Brexit Vote Has Huge Ramifications for U.S. Politics

By Roger L Simon

News flash: The revolt against elites is real in the UK and America and it's only getting started. Maybe there will always be an England.  In a surprise, Leave won the Brexit referendum on whether to stay in the European Union by an equally surprising amount. British sovereignty won. David Cameron lost. Jeremy Corbyn lost. The EU lost. Bureaucrats lost. Angela Merkel lost. Barack Obama lost. Globalism lost. Authority figures almost everywhere lost. And, most of all, unlimited immigration lost.  So what happened to the vaunted British betting market that is almost invariably correct and was predicting by 80 percent a Remain victory? Or all those recent polls that were tilting Remain?

Answer: Those same elites had convinced each other they would win and therefore convinced the usual suspects—media, pollsters and, sadly, financial markets—that they were right. They were wrong. Watching them now on the BBC they still cannot comprehend  what has happened. The peasants have revolted—oh no, oh no. There must be some mistake. Didn't they get the memo? The sky would fall if they left the EU......To Read More.....

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