Magna Carta 2.0: Good for Freedom, Good for Growth–Trump Is the Big Winner, Obama Got Crushed
by LARRY KUDLOW
BreitBart.com
24 Jun 2016
The original Magna Carta was a charter agreed to by King John of England in 1215. It just celebrated its 801st anniversary.
So no, I wasn’t there. But that charter has become part of an important, iconic, political myth that the deal between an unpopular king and rebellious barons marked the beginning of individual English freedoms, personal liberties, and due-process protection of individuals under the law. Magna Carta has also been cited as providing the essential foundation for the contemporary powers of Parliament and legal principles such as habeas corpus.
That’s the mythology, and it’s an important one.
So while I understand that describing the Brexit victory as Magna Carta 2.0 is inexact, I think it makes a key point: Britain will regain its political freedom, its autonomous self-government, and its independence from an EU that is spinning out of control under the power of establishment elites, unelected and unaccountable socialist bureaucrats, and a judicial court that is increasingly making legal decisions that replace Britain’s powerful common law.
The EU’s tax and regulatory policies, climate-change and welfare spending, and free immigration even in wartime are gradually ruining Europe. That’s why I believe Brexit is good for British freedom, political autonomy, and the survival of democratic capitalism.
The business elites told British voters that leaving the EU would lead to economic catastrophe. Well, in England, Main Street defeated the establishment elites by sending a populist message.
The Rest…HERE
