David Cameron's veto of the so-called Fiscal Union Treaty has created a massive problem for the other members of the European Union, if those 26 countries respect the existing treaties.

According to these treaties, unanimity is required for the EU to encroach further on such a basic prerogative of the nation state as the power to tax and spend. However all the signs are that the other 26 countries are united in their irritation with the British government for resisting this power grab. Accordingly, they may try to impose new arrangements to this end. They may be thinking of using the "passerelle" clause in the Lisbon treaty which allows the European Council to replace unanimous voting by qualified majority voting in specified areas. This will allow the likes of Merkel and Sarkozy to steal our country's independence and replace it with government from Brussels or Berlin. This would, in effect, constitute an invasion of our country by non military means.This would, inevitably, result in the British Government having to seek the support of the British people in a referendum. If so, the Cameron veto may, inadvertently, have initiated a process which culminates in our withdrawal from the EU.

Thank the gods that we did not join the Euro and that even Cameron understands that the British Government's power of taxation cannot be handed over to an alien bureaucracy operating in a foreign capital. After 40 years it does at last seem reasonable to talk of the beginning of the end of our EU membership.

– Richard Leppington, Bream.