Wednesday, March 13, 2019

Brexit Plan Rejected, Version 2

Once again, Britain's Parliament has resoundingly rejected Prime Minister Theresa May's Brexit deal just 17 days before the United Kingdom is due to leave the European bloc.  Lawmakers voted 391 against to 242 for, a closer vote than the previous round, but still a rousing defeat.

This leaves lawmakers now to vote on whether to leave the European Union without a deal on the current scheduled date of March 29, or to ask to postpone Britain's departure.

Prime Minister May clearly believed this vote was the last best hope for a brokered deal for Brexit.  "This is the moment and this is the time - time for us to come together, back this motion and get the deal done."  She continued, "If this deal is not passed, then Brexit could be lost."

I pray cooler heads prevail and the vote ask's for a postponement, hopefully allowing a second referendum to call off Brexit.  At this point, any Brexit is going to be a quagmire that the United Kingdom may never get out of.

If a "no-deal" Brexit goes forward, tariffs and border checks imposed on trade between the United Kingdom has the potential to deal catastrophic blows to medicine, perishable foods and plants, and thousands of other downstream products. The border between Northern Ireland and Ireland could once again become the flashpoint of reignited conflict.

This is going to get a lot worse before it gets better.

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