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Rule Britania…

Via The Wire:

Britain’s Chancellor of the Exchequer George Osborne (here he is being booed at the 2012 Paralympics) is about to give the European Union an ultimatum: either reform, or we’re leaving.

There have been rumblings for over a year now that Britain could pull out of the EU. A bill to put Britain’s EU membership to a public vote by 2017 is currentlymaking its way through the Parliament, though it does not have universal support. Deputy prime minister Nick Clegg, for example, said such a move would be “economic suicide” and companies such as Goldman Sachs have said they wouldleave the country if it left the union.

But there’s no denying that the Eurozone’s economy, though rebounding, isn’t doing so hot, and some Brits would rather not have their economy tied to that of, say, Greece. Others don’t like the EU’s open borders policy because of racism.

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