As establishment blowback strikes following over 300 European business leaders call for the British to vote to leave the EU, it is worth remembering Margaret Thatcher’s historic speech, known as the “The Bruges Speech” delivered September 20th, 1988, in which she rejects the political union of Europe and "the federalization of Europe."

Famously rejecting the centralised, unaccountable, federal Europe of Delors, Margaret Thatcher proposed instead a wider, decentralised, outward-looking democratic Europe of independent, freely- trading and cooperating nation states:

“I want to start by disposing of some myths about my country, Britain, and its relationship with Europe and to do that, I must say something about the identity of Europe itself… Europe is not the creation of the Treaty of Rome… Nor is the European idea the property of any group or institution.

Powerful stuff… but we are sure Cameron would suggest The Iron Lady was being "divisive and stupid"…

h/t Martin Armstrong

Update: *U.K. ONLINE POLL ON EU SHOWS 43% REMAIN, 47% LEAVE: ICM

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