Nigel Farage: Brexit, Death of Elizabeth II, Tax Cuts in the UK

Introduction

Nigel Farage, a British politician and Brexit advocate, talks about his background in the financial services industry and how it led him to become involved in politics. He also discusses the rise of artisanal products as a rebellion against global corporatism.

Background and Political Motivations

• Farage introduces himself as a former worker in the financial services industry who became disillusioned with globalism.

• He spent 20 years dealing with metal producers and consumers around the world, which gave him insight into the negative effects of centralization and regulation.

• Farage saw the European Union as an updated form of right-wing communism that was detrimental to Britain's status as a global trading nation.

• He entered politics to free Britain from this system but faced opposition from those content with the status quo.

Rise of Artisanal Products

• Farage discusses the trend towards artisanal products such as handmade gin and microbreweries as a rebellion against global corporatism.

• Consumers are willing to pay more for products that are not homogenized or globalized.

• Farage has created his own brand of gin called "Farage Gin" which appeals to both Brexiteers and Remainers.

Conclusion

The transcript ends abruptly without any clear conclusion or final thoughts.

Nigel Farage on Brexit and the European Parliament

In this section, Nigel Farage talks about his early days in politics and how he became a member of the European Parliament. He also discusses his views on the EU and why he believed it was anti-democratic.

Early Days in Politics

• In the early 90s, Nigel Farage made up his mind that things were going wrong with the exchange rate mechanism.

• He got elected to the European Parliament in 1999 and was there for 21 years until he finally left.

• Farage's party, UK Independence Party (UKIP), started getting millions of votes from both sides - Labour and Conservatives.

Views on the EU

• Farage believed that the EU was anti-democracy, anti-free market capitalism, and anti-liberty.

• Despite being hated by many people in Brussels, Farage continued to fight for what he believed was right.

• The run-up to Brexit saw David Cameron promise a referendum which legitimized Farage's campaign for leaving the EU.

Brexit Process

• Despite everything against them, including President Obama flying into London to discourage Brexit, they still voted to leave.

• After replacing Cameron with Theresa May as Prime Minister, they failed to leave until Nigel came back with his new party called "Brexit Party" which won an election by a landslide.

• Boris Johnson helped get Brexit over the line but proved to be a bad leader who governed as a liberal Social Democrat.

Comparing Boris Johnson to US Politicians

In this section, the speaker discusses whether there is a US politician that can be compared to Boris Johnson.

Unique Qualities of Boris Johnson

• The speaker notes that Boris Johnson is pretty unique and quotes Latin all the time.

• The Republican Party has had politicians who get elected on very conservative platforms but become "Republicans in name only" (RINOs).

• The speaker believes that this concept is similar to what happened with Boris Johnson.

Conservative Parties Losing Link with Small Business

• The speaker spent 20 years in Brussels and believes it's the model for what globalists want for the world.

• All law is proposed by people who cannot be voted for or removed, such as the unelected European Commission.

• Lobbying influence from big multinationals on the commission is beyond belief.

• Big companies can effectively write rules for their own industry, leading to a system of government where they are part of a status quo with huge media support on their side.

• It's difficult for politicians to resist these influences unless they have real conviction.

Two Types of People in Politics

• There are two types of people in politics - those who want to be something (i.e. rank, title, position), and those who want to do something (campaigners for causes they believe in).

• Conservatives change through this process because it's hard to take hate from others and believe you're doing the right thing.

• When conservatives have moral courage and belief, they win elections because there is still a majority of common sense.

Losing Respect for Different Points of View

In this section, the speaker discusses how people are losing respect for different points of view.

Losing Respect for Different Points of View

• The speaker believes that part of the reason we fought two wars at massive cost was for us to have the right to disagree but still respect the other person because they have a different point of view.

• We're losing that and the education system is teaching kids that there are two world views - one virtuous and if you believe in the other, you're virtually a Nazi who should be banned from pubs.

• It's very dangerous because everyone thinks they're a better person, creating a great chasm.

Conservatives Deserve to Lose

In this section, the speaker discusses why conservatives deserve to lose and how recent changes may give them a fair chance.

Why Conservatives Deserve to Lose

• The conservatives have let us down terribly on energy, borders, not completing Brexit, and not simplifying/clearing up/removing any legislation from Brussels.

• They deserve to lose at every level.

Recent Changes May Give Conservatives a Fair Chance

• Boris has gone and Liz Truss has been saying some quite sensible things recently.

The UK Budget and Entrepreneurship

Nigel Farage discusses the UK budget, entrepreneurship, and supply-side reform.

The Conservative Budget

• Nigel Farage believes that the 2016 UK budget is the most conservative since 1986.

• Chancellor is cutting taxes and increasing investment opportunities for small businesses in investment zones with big tax breaks.

• Income tax rate would be whacked from 45 to 40 and from 20 to 19.

• Corporation tax rise which was going to be 19 to 25 has been scrapped.

Entrepreneurship and Supply-Side Reform

• Farage believes that momentum within an economy comes from millions of simultaneous acts of men and women deciding to do stuff.

• Supply-side reform is crucial for driving innovation and competition.

• Excessive EU rules governing investment markets, insurance markets, etc., create barriers to entry for small businesses.

• Farage wants a sensible regulatory environment that encourages entrepreneurship in the UK.

Investment, Immigration, and High Net Worth Individuals

• Farage thinks that the UK has discouraged high net worth individuals from coming into London by getting rid of non-dom status and even getting rid of VAT-free shopping for those going back to Qatar or other countries.

• The UK has encouraged mass immigration of unskilled labor over the last few years which has led to a decline in productivity rates.

• Farage believes that encouraging high net worth individuals to invest in London will help boost economic growth.

Opportunities for the UK after Brexit

In this section, the speaker discusses the opportunities that Brexit presents for the UK to become more competitive and attractive to investors.

The Problems with the European Union

• The European Union is not competitive and has a north-south divide on a currency that should never have been introduced.

• There is an East-West cultural split with Poland, Hungary, Slovakia, and Czech Republic having very different social values to Western Europe. It is an over-regulated model that isn't going to change.

• Employment legislation in countries like France makes it impossible to invest money there.

Opportunities for the UK

• Brexit presents an opportunity for the UK to sort out its problems and become more competitive.

• The policy can be changed to attract investors who want to bring their money and jobs into the country.

• Leadership is about taking tough decisions but being right and proving that to a wider audience.

Leadership vs Followership

In this section, the speaker talks about leadership versus followership in politics.

Leadership vs Followership

• Leadership is about doing unpopular things, taking tough decisions but being right and proving that to a wider audience.

• Followership is saying let's get an opinion poll or we'll do what they say.

• Boris Johnson was a follower while leadership is about saying things that at that moment in time may well be a minority position but you explain why you're doing it.

Problems with the European Union

In this section, the speaker discusses the problems with the European Union.

Problems with the European Union

• The folks in the European commission are constantly stepping on things that shouldn't be allowed.

• Countries like Greece, Spain and Portugal needed money and were desperate to sell their properties. However, they did a terrible job of managing their economies.

The Conservative Government's Tax Burden

Nigel Farage discusses the high tax burden under the conservative government and predicts their loss in the next election.

High Tax Burden

• Under the conservative government, there has been a high tax burden since the 1940s.

• This is why Nigel Farage believes they will lose the next election.

Thoughts on Monarchy and Queen Elizabeth II

Nigel Farage shares his thoughts on monarchy and Queen Elizabeth II.

Importance of Queen Elizabeth II

• Liz trust is all we have left, she is the last J, this is Custer's Last Stand with Liz trust.

• Queen Elizabeth II represented values of honor, duty, patriotism, Christianity, service to family and others' interests before your own.

• Her exemplary leadership for 70 years without any scandals or corruption made her popular among Britons.

• Her death reminded people of these values and gave hope that there is still a majority that wants liberty and freedom of speech.

History of Monarchy

• After a bloody civil war followed by a Puritan dictatorship in England, they developed a form of government where elected politicians would be prime ministers with executive power but have an apolitical head of state above them who would symbolize unification for the country.

• The monarchy had its ups and downs throughout history. However, it was Queen Victoria who re-established its popularity in modern times through House of Windsor in the 20th century.

Anti-Monarchy Movement

• The anti-monarchy movement in the UK is smaller now than it's ever been.

• Despite some unpopular kings and queens, the monarchy has remained popular among Britons.

Symbolism of Monarchy

Nigel Farage discusses the symbolism of monarchy and its role as a unifying force for the country.

Role of Monarchy

• The head of state above elected politicians would be apolitical and have duties and responsibilities.

• The armed forces would share their allegiance not to the government but to the monarch.

• The monarch would rise above politics in an attempt at symbolism to be a unifying force for a country.

Conclusion

Nigel Farage concludes by discussing how divided societies are and how bitter some arguments can be. However, he believes that there is still a majority that wants liberty, freedom of speech, and does not want government controlling every aspect of their lives.

Majority Want Liberty

• Queen Elizabeth II represented values that many people still hold dear.

• There is still a majority that wants liberty, freedom of speech, and does not want government controlling every aspect of their lives.

• Despite some unpopular kings and queens, the monarchy has remained popular among Britons.

Walking out of the European Parliament

Nigel Farage describes his experience walking out of the European Parliament after announcing that Britain was leaving the EU.

Choreographing the Exit

• Farage planned to walk into the European Parliament and announce that Britain was leaving.

• He arrived at 3 P.M. on Monday, after an emergency debate was called in Brussels.

• As he walked through the corridors, he faced abuse from MEPs who were upset about Brexit.

• When he entered the room, there were 700 MEPs present, including Jean-Claude Juncker.

The Announcement

• Juncker hugged Farage and whispered "you bastard" in his ear.

• Farage addressed the MEPs, reminding them that they had laughed at him when he first proposed leaving the EU.

• He criticized globalism and how it views democracy as an inconvenience.

Looking for Freedom: Montenegro

Nigel Farage discusses why people are looking for freedom and opportunities outside of over-regulated countries with high taxes. He explains why Montenegro is a good option for those seeking financial security.

Seeking Financial Security

• People living in over-regulated countries with high taxes are seeking financial security elsewhere.

• Montenegro is a good option due to its tax structures and positive attitude towards business and investment.

Montenegro and the Commonwealth

In this section, the speaker discusses potential locations for investment and citizenship programs. He mentions Montenegro as a good option in Europe, but also expresses his desire to make London a similar destination. The speaker also talks about the importance of the Commonwealth as a geopolitical center of influence and debate.

Montenegro and Albania

• The speaker believes that Montenegro is a good option for investment and citizenship programs in Europe.

• However, he advises caution when considering Albania due to the power of organized crime in the country.

The Commonwealth

• The speaker emphasizes the importance of the Commonwealth as a geopolitical center of influence with 2.5 billion people living within it.

• He notes that China recognizes this potential power and is actively trying to take down anglosphere influence within it through investments.

• The speaker suggests that an American president and British prime minister should work together on a strategy to strengthen their relationship with countries within the Commonwealth.

Values in International Relations

In this section, the speaker discusses how values play a role in international relations. He talks about how it's important for countries like America and Britain to show that their relationships with other countries are not just about money but also shared values.

Importance of Values

• The speaker emphasizes that it's important for America and Britain to show that their relationships with other countries are not just about money but also shared values.

• He notes that Mike Pompeo understood this concept well during his time as Secretary of State.

Conclusion

In this section, the speaker concludes his discussion by emphasizing the importance of values in international relations and the need for countries to work together to strengthen their relationships with each other.

Final Thoughts

• The speaker concludes by stating that it's important for countries to work together and not sell their souls to higher bidders. He emphasizes that shared values are just as important as financial gain in international relations.

Serbian Government and Putin's Future

In this section, the speaker discusses the Serbian government's position on joining the European Union and their potential to play a powerful role in international politics. The speaker also talks about Putin's domestic political troubles and the uncertainty surrounding how the Ukraine situation will play out.

Serbia's Position

• The Serbian government does not want to join the European Union.

• They are potentially in a powerful position due to having a foot in both camps.

• Serbia is playing the game rather cleverly.

Putin's Domestic Political Troubles

• Putin is beginning to be in domestic political trouble.

• Tens of thousands of young men have sought to flee Russia.

• Military losses have been significant.

• It is difficult to tell how this Ukraine game will play out.

Uncertainty Surrounding Ukraine Situation

• It is unclear how this all plays out.

• The war could drag on for another year or two and become attritional.

• There is a possibility that his own generals get rid of him.

Trump Running for President Again?

In this section, the speaker talks about whether Donald Trump will run for president again in 2024 and if he would support him if he were an American.

Possibility of Trump Running Again

• If he wants to run again, it's his decision as nobody can challenge him within the Republican Party.

• He would easily win the primary if he runs again.

Support for Trump

• The speaker enjoys spending time with Trump and thinks he did well as president, particularly with foreign policy wins such as turning America from a warmonger into a peacemaker and the Abraham Accords.

• The speaker believes Trump would have won 40 states if COVID hadn't happened.

• If he were an American, the speaker would support Donald Trump.

Potential Republican Candidates for President

In this section, the speaker discusses potential Republican candidates for president in 2024.

Front Runners

• The two front runners are Donald Trump and Ron DeSantis.

• Some believe Ron DeSantis would be a better candidate due to his effectiveness as governor of Florida.

Other Potential Candidates

• There are others who could run, but they are not seen as strong contenders.

• The Democrats do not have any strong candidates.

Nigel Farage on Inflation, Recession, and Crypto

In this interview, Nigel Farage discusses the current state of inflation and recession, the importance of having a proper energy policy, and the potential for crypto adoption in Europe.

Inflation and Recession

• Inflation is a disease of money caused by government.

• Recession is coming; its size is unknown.

• A proper energy policy is vital for any country and investor.

• Good solid businesses making the right products will still have plenty of opportunities.

Crypto Adoption in Europe

• Interest in the crypto space will grow as people see it as freedom.

• The UK needs to change its stance on crypto to become one of the big transaction centers for crypto exchanges.

• There are still very big opportunities in the crypto space that need to be explored.

• There isn't much thought in Europe yet about adopting and using crypto as a means of exchange.