European Union government has been massively at fault in Britain’s (and the rest of Europe’s) management of the financial crisis – this should now be clearly obvious. You will not hear that from the BBC (technically obliged to act as a public service under the Charter) or even The Mail on, for example, the EU’s failure over bodged capital adequacy rules because of the stance taken by their governors. The media’s continued blackouts on reporting EU legislation underpinning the governance of Britain is a shameful dereliction of public duty and moral sense. It is logically nonsensical and morally appalling.

It is not a new phenomenon – it was Leith’s guidance of the BBC which blocked the broadcast of Winston Churchill’s warning of the impending German threat in Europe. It was both the Daily Mail and Daily Mirror who were, again, the early supporters of Oswald Mosley’s British Union of Fascists. They all got that wrong and they have got it wrong again. We are in the same situation now and the little Europeans running the national media will have shamefully caused a similar situation. People have been misled. The very European government our leaders have sought to impose upon the country is about to destroy us, but the morally vacuous officials, with a biased national media who presume to know better, have not stated the issues. As was done with the passage of the Lisbon Treaty.

The European Commission’s attempt in recent days to update its defective legislation comes far too late. The massive failure of the European Commission in governing financial regulation should lead us into the situation in which Britain can now seek a loosening of the relationship between Britain and the EU. Ever-deepening centralisation has not worked out for us. We do not need Lisbon, and nor did we need most of the provisions of Maastricht, Amsterdam and Nice. The opportunity for an alternative way is laid out for us all.