Britain and the Euro - loss of our financial independence

The President of the European Commission, José Manuel Barroso, says that our country is closer than ever to joining the Euro.

This would mean our interest rates, and other financial matters, being controlled by the European Central Bank, which is based in Frankfurt. Presumably this would also mean that London would no longer be an important financial centre. The EU would still allow us to mint our own coins, but all notes would be produced in Germany.

People who believe that this is a great idea should stop and think that, once a country no longer has control over its own finances, then it is no longer an independent country.

Would you like to think that Germany decides our interest rates,inflation and other matters relating to our financial state?

Surrendering the Pound in favour of the Euro would be the same as signing up to a federalist, totalitarian, tyrannical monster. We already have lost many of our own controls, but when we lose our financial independence too we shall no longer be our own nation.