The emails to Gale were among a wave of fundraising pleas inexplicably sent by the Trump campaign in recent days to lawmakers in the United Kingdom, Iceland, Australia and elsewhere. The solicitations prompted watchdog groups in Washington to file two separate complaints Wednesday with the Federal Election Commission alleging that the Trump campaign was violating federal law by soliciting funds from foreign nationals.
.. His campaign said it raised $2 million in less than 12 hours after blasting out its first email.
.. Gale, a Conservative who has served in the House of Commons for more than three decades, said the hostile tone of the Trump emails he received was off-putting.
.. “I don’t know if someone at Team Trump was stupid enough to think that all Conservative Party MPs would consider themselves Republicans,” Gale said. “But I asked around, and it seems that most others did get these emails, too.”
.. In Iceland, Katrin Jakobsdottir, the chairwoman of the Left-Green Movement, a democratic socialist party that focuses on feminist and environmental issues, said she unexpectedly received a Trump campaign email and has “no idea” how she got on his list.
.. Renting email lists from former candidates is common practice in politics, and there is evidence suggesting Trump is doing that now. A Trump fundraising email sent out Wednesday afternoon came from “info@chrischristie.com.”
.. “First of all, I don’t even know why I need so much money,” he said. “You know, I go around, I make speeches. I talk to reporters. I don’t even need commercials, if you want to know the truth. Why do I need these commercials?”
How Brexit Will Change the World
17 top economists, foreign policy gurus and historians look five years into the future.
.. Some of them think the Brexit vote is a sign of the sun setting on Europe. “Brexit could be a wake-up call, or it could be 1933 all over again,” says Danielle Pletka of the American Enterprise Institute. Dean Baker, co-director of the Center for Economic and Policy Research, is more optimistic, saying that Brexit would set Europe “back on a path of high employment and healthy growth.”
.. Some of them think the Brexit vote is a sign of the sun setting on Europe. “Brexit could be a wake-up call, or it could be 1933 all over again,” says Danielle Pletka of the American Enterprise Institute. Dean Baker, co-director of the Center for Economic and Policy Research, is more optimistic, saying that Brexit would set Europe “back on a path of high employment and healthy growth.”
.. In Europe, countries such as Poland, the Czech Republic, Hungary and possibly the Netherlands, will be watching to see if the Brits can pull this off; if the damage seems manageable, pressures to take a similar path are likely to build in at least these countries.
.. Russia has been in recession for two years, in part because its biggest market, Europe, has been buying less of its biggest export, energy. Is it going to do better if that market slows further? Almost surely not. Same for China. Losers all around.
.. The vote fortifies him and his supporters in their deepest belief: that hyper-pluralist, overly rule-bound, post-sovereign policymaking is doomed, prone to interest-group capture and stalemate, and unlikely to sustain popular loyalty over the long term. For China, the lesson is roughly the same.
.. If you want to say that the losers from Brexit are the world’s pluralist political orders, you can make a pretty good case.
.. Scotland will probably secede from the UK, which will have major consequences for British defense policy, given the basing there of the nuclear deterrent. Advocates of Trident modernization may get a boost from the isolation that Britain will feel in departing the EU, but they will need to find other basing arrangements (perhaps co-locating on U.S. bases).
.. I expect limited impact outside of the United Kingdom in the next five months. The initial market hysteria will soon be completely reversed, outside of the United Kingdom, and there will likely be a strong rally following Trump’s defeat in November. Within Britain, there could be a substantial impact. It is quite possible that the real estate bubble in London will burst
.. the UK will no longer be viewed as a safe haven for the world’s rich.
.. In five years I expect that the EU will have turned away from austerity and will again be back on a path of high employment and healthy growth. The Brexit vote, along with the growth of populist parties across the continent, both left and right, will have finally convinced enough of the EU elites outside of Britain that they had to take a course other than austerity in order to save the EU.
.. The main difference is that the UK will have a much smaller financial sector, with more of its wealthy being generated from productive sectors of the economy. (Okay, this is some wishful thinking—but it’s not impossible.)
.. The main difference is that the UK will have a much smaller financial sector, with more of its wealthy being generated from productive sectors of the economy. (Okay, this is some wishful thinking—but it’s not impossible.)
.. we may see British young people working on the Continent being sent home because they no longer have a valid work permit
.. In five years’ time, the consequences will be less far-reaching than many are predicting today. Every corporation that does business in the UK and the EU will have an incentive to lobby Brussels to make the “divorce” as amicable as possible.
.. And thus, a major casualty of Brexit will be the U.S. rebalance of its foreign policy toward Asia, a policy that depends on a stronger Europe to take on more responsibility in its neighborhood.
Brexit and Europe’s Angry Old Men
Just as Europeans of my generation were being relieved of those anxious old men, another type stepped onstage: the angry old men.
.. the vote for Brexit was very much one of the old against the young. The older the voter, the more he or she was inclined to leave. Some 64 percent of the age group from 18 to 24 said they would vote for Remain; just 35 percent of those between 50 and 64 wanted to stay.
.. We — the young, optimistic millions across Europe — cannot lose the West to Mr. Farage and his ilk, to demagogues who have actually much more in common with the scapegoating culture of the Arab world they so despise than with the enlightened, rational tradition of Europe.
How Britain’s Breakup With the E.U. Could Reshape World Markets
Investors poured money into government bonds, seeking refuge.
.. “It looks bad, but it’s not a cataclysmic game-changer similar to Lehman.” Then he paused. “Yet.”
.. investors have begun a fearful march away from risk, potentially starving emerging markets and stripping European countries of needed capital.
.. Mark J. Carney, stood before television cameras and struck a resolute pose as he promised to do what it took to stabilize markets. He announced that he was prepared to unleash another £250 billion (about $370 billion) in pursuit of financial tranquillity.