Commentary: The ‘BREXIT Duel’ Continues

Commentary: The ‘BREXIT Duel’ Continues

British PM Boris Johnson’s government is to make a 2nd bid Monday to call a general election is what will be a duel over BREXIT between Britain’s 2 political giants.

Mr.Johnson believes a mid-October election will allow the British public to decide whether he heads to Brussels, with his threat of a deal or n-deal BREXIT, or pave the way for main opposition Labour to negotiate a delay to Britain’s departure from the EU.

PM Johnson’s 1st bid to win the go-ahead for an election failed in the House of Commons Wednesday, falling 136 short of the 434 needed to trigger an election.

In what will go down in history as one of the Key quotes in Britain’s Brexit saga, PM Johnson said Thursday he would rather be “dead in a ditch” than ask Brussels for an extension of Britain’s membership of the bloc.

If he lost the Keys to 10 Downing Street in an early election he would become the shortest serving PM in UK history.

Speaking in Yorkshire, PM Johnson repeated his call for an election on 15 October, saying it was the only way to get BREXIT moving.

We either go forward with our plan to get a deal, take the country out on 31 October which we can, or else somebody else should be allowed to see if they can keep us in beyond 31 October,” he said.

He was referring to his opposite number in the House of Commons, Labour leader Jeremy Corbyn.

He said: “I really don’t see how we can have a situation where the British ability to negotiate is absolutely torpedoed by Parliament in this way with powers of the British people handed over to Brussels, so we can be kept incarcerated in the EU without that being put to the people in the form of a vote.”

He repeated his call for Labour’s Corbyn to back a general election to be held on 15 October.

Labour have won the go-ahead for a crucial bill that would mean Britain asking the EU to extend its departure date to 31 January 2020 if no deal has been agreed.

Mr. Corbyn has also said in a general election Labour would hold a new EU referendum, with an option to remain in the bloc as 1 of the choices.

That would turn an election, when called, into a straight choice between PM Johnson’s pledge to take Britain out of the EU, or Mr. Corbyn’s option of staying.

It led 1 leading London newspapers to describe the 2 men as “dueling politicians”

Ahead of the vote Monday, Labour and other opposition parties are holding talks about their response to PM Johnson’s call for a mid-October election.

Following Johnson’s decision to suspend parliament to pave the way for a Queen’s Speech, the House of Commons must close down for 5 weeks from next Thursday at the latest.

With resignations and suspensions of MPs for rebelling against the government, the Conservatives currently have 289 of the available 650 seats in the House of Commons. It means they are 36 short of a majority, though they have a pact with the 10 MPs from the Democratic Unionist Party of Northern Ireland, still leaving them 26 short.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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