October 29, 2019
The phrase “Brexit meltdown” has been bandied around willy-nilly in headlines over the last couple of years as the convoluted process of leaving the EU drags on and on. And on.
Its Finally Happening – An Actual Brexit Meltdown (Of Sorts)
But today is different – today those two words can legitimately be used for the first time.
Limited edition Brexit 50p coins, dated October 31 2019, are set to be shredded and melted down after the UK’s departure from the EU was delayed by three months.
An actual Brexit meltdown.
The special coins were originally designed to be minted in time for Britain leaving the trading bloc this Friday.However, today the Treasury confirmed these coins would be recycled now that the EU has agreed a Brexit extension with the UK Government.
A HM Treasury Spokesman said: “We will still produce a coin to mark our departure from the European Union, and this will enter circulation after we have left.”
According to the Royal Mint website, precious metals, such as 50p coins, are sorted and shredded before being melted down. Metals are then purified and solidified before being turned into new products.
The cost of designing and producing the commemorative coins will be met by the Royal Mint out of its own revenues at no cost to the taxpayer.
Chancellor Sajid Javid had asked officials to look at whether it would be possible to produce the coins in volume ready for the UK’s scheduled EU leaving date of October 31.
Former chancellor Philip Hammond had planned a limited edition of around 10,000 commemorative coins to be sold to collectors for £10 each.
Javid revised the proposal for the coins to be produced for mass circulation. This was portrayed as a statement of intent that the Treasury was fully behind Brexit.
The coins will carry the words “Friendship with all nations”, but will be stamped with a new departure date — currently set to be January 31 2020.Related... 50 Years Of The 50p: How To Buy The Royal Mint's Commemorative Coin
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Mary Trump 'energized' as uncle 'Donald's campaign spirals into chaos'
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Donald Trump's campaign is in chaos, and his niece says she's energized.Mary Trump, the niece of the former president and a psychologist by trade, has previously been critical of her uncle.On Thursday, she said her uncle's failures are adding up.ALSO READ: A neuroscientist reveals how Trump and Biden's cognitive impairments are different"As the RNC’s fundraising falters and Donald’s campaign spirals into chaos, I am energized!" she said in a Substack post.She then continued:"When Donald dominates the news cycle, it’s hard not to feel overwhelmed. Every bad headline has a negative impact. But then I remember something crucial: There’s usually more to the story than meets the eye. I’m determined to cut through the media noise and share with you all the good that happened this week. These are the headlines we need to remain energized and hopeful that the media largely ignored."Mary Trump goes on to highlight President Joe Biden's recent fundraising hauls."President Biden’s $155 million+ war chest has just received another turbo boost, bringing the total of cash on hand to at least $180 million. (By comparison, between his campaign and the RNC, Donald barely has over $50 million — and continues to drain the accounts to cover his absolutely staggering legal expenses)," she wrote. "This is a development that could significantly increase Biden’s ability to influence the narrative in crucial swing states."This, she says, also tells us a lot about voter excitement for Biden."While critics have expressed doubts about the degree to which the Democratic base is fired up as compared to 2020, today’s $25 million fundraiser, raised with donations ranging from $250 to $500,000, should put any doubts to rest — yes, we are absolutely behind President Biden and Vice President Harris and we’re in this fight until the end," she wrote.Read the full post here.
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