the big barriers have done very well with the cap. but it has benefited producers in this country. >> i'm grateful for you for bringing it up, it's a handy reference point for the effect on prices of the cap. what i say to you. >> but you can't justify the 40. >> well you know it's their calculation. what i say to you is there is place for savings and the whole bureaucracy. but also if you wonder how much we can say -- overall i think we

contribute 6.5 million to the budget and gets about 4,000,000,000 back. back. i would have to check those numbers. that's a savings of about two and half million. >> [inaudible conversation] >> it was such an honor to be here [inaudible conversation] >> thank you for joining us and thank you for your patience which has been exceptional and above and beyond any sort of duty. thank you.

i like to start by talking about some of the future prospects of the european union if we stay in and what we should hold out. one of the provisions in the deal that was struck a few weeks ago was on regulation would be review. with the need to returning from the united kingdom, bear in mind , how likely do think it is? >> i'm grateful for that. to talk about the development. you said we wanted the euro we did not want to worry about the way things were going. i have to say that i think my view one of the reasons that my attitude has changed from a speech i waited

2003, i think it is a bent on administration, of all sorts of areas and all sorts of things that have not been necessary for functioning. i think it has argued that what we preserve the market. i don't see prospect in that context where we have powers try country. you see what what happens in renegotiation, we got absolutely nothing. i think that's the best i can

answer. [inaudible] >> i don't want to minimize, there very few cases before the european court of justice, and that provision to form its federalizing judgment and actually most time it is very federalizing anyway. it doesn't need to have a consulate. i think it's a nice symbol but it's not very practical. >> and the provision in the arrangement for removing regulation and questioning the commission on the hill a few weeks ago, we face not a single

regulation, so do you have any expectation of the back door and if you can get regulations taken away? >> i think it does technically repeal the measures and replaced by new ones. but in the course of their subsidiary campaign to get rid of stuff where they think -- but nothing has happened. i do not see any prospect of that. my favorite part of the results of the british intervention.

>> it is a political union and the time has come for us to turn it over. >> so with that union participated in the market fully. >> i think it is so fundamentally dishonest to keep pretending that we are able to be in just a free trade and nothing else. they want to create a single, that is what they say and that is what is being achieved by the huge increase. i think it's time to make a judgment and to say anyway forward is justice and to value our democracy. >> we briefly touch on earlier

exchanges, what level do you need to get immigration down to? >> obviously you be able to control it more because you're not be constantly have to admit people just because they have an e.u. passport. we know there are some places in the e.u. where you can get travel documents and people are not coming here with jobs already existing. many do good things in the country but if you have uncontrolled immigration like the kind that we have had in the last ten or 15 years, it will have very serious impact.

what is the ultimate sign of the uk, how how far we can go with this? >> a when you think about most of this would be driven by immigration,. >> could you venture a number? >> i would not want to where they would go to achievement and

[inaudible] >> i've seen studies about 50000 a year. i think the difference would be there's a very large demand i we should be able to control and decide what type of labor you want. do on a certain kind, do need certain unskilled jobs, how does it work? i think it puts a huge pressure and is a big advantage. >> what would you characterize as high skilled?

>> i think the issue is ready to do with -- politicians take responsibility for what is happening. at the moment it is out of control. people see it, they know it, they can see hundreds of thousands of people coming in. i do not see how you can stand up and tell them. >> and final point on immigration, what you think has happened in a scenario there must be three or 4 million e.u. citizens living in the country. >> i think they're about 2.3 million in the u.k.

[inaudible] there's huge numbers in london, his number of americans, straley's, russians, they're all different languages. >> do you think they will be grandfathered in in some way? [inaudible] >> there's a massive influx of people in this area they could

be a huge flood. >> no. >> anyone who left [inaudible conversation] let's say from the 23rd of june 2018 forward we get control, but any e.u. resident who is before that is getting grandfathered, would not that create incentive for every person living in romania to jump on a plane and come over here before june 18? >> i'm not sure that is the case. if it were the case it would

seem that is a risk that we could probably take some steps to prevent by installing controls or restrictions on free movement of labor which is what we're talking about. >> it is not simply deeply engraved in the dna

>> on the policy run justice we would remain active partners. it would be this supranational approach. >> we would have to sign up --

know, the whole point is 95% of u.k. businesses do not do trade with europe. they have to conform with 100% of the regulation. we want to encourage free trade deal. but others exporting to the e.u. would have to make sure that whatever they're exporting would have to meet the standards. there is a reason why we come in this country should be subject anymore to the judicial system. that is what i'm saying. >> and just on that point, if it were possible to feel like you are thriving, why hasn't norway done it? they are subject to free

movement as a quid pro quo. >> this is the biggest economy in the world. they have with us in net balance of trade, they have at all sorts of economic sensitivities. they like to do a free-trade deal, get, get over this, allowed to trade freely, with a huge market prophet engaging with us. >> engaging with us, that the future. >> thank you very much. i'd like to give you an opportunity for the last word. >> normally we take a break

after the session as we do. i just want to come back to a point and it relates to almost everything that i'm tried to get it. which is whether you accept that some of the claims that you made in recent weeks in some cases and speeches can easily mislead people. and it it would be better to qualify there's remarks much more carefully. i just take you, just now you say that immigration has a huge downward impact on wages. that is extremely controversial. a very difficult to pin down. hang on a minute. i'm going to give you a chance. you say and you said that it

would not be any economic shock, even in the shock short-term and i'm quoting recently say leaving the e.u. to be an enormous shock and to depress economic activity. you said that in a speech that 400 pounds would be added to the cost of food of every household. but anyone listening to that might be like well what if i leave the e.u., that i might pick up 400-pound benefit. but once you were cross-examine that is not the case. >> i would be saving. >> but that figure would be lower. you said about half an hour ago, during cross-examination, you

may know, down the directive that led to this dispute and this extraordinary exchange would you describe the directive as quite the opposite. you said between half and two thirds of the parmalat was being produced but actually the facts are that the best services suggests between 50 and 59% is either produced or at least influenced by the e.u. in other words, this is not produced by brussel between half

and two thirds, it is between 15 and 59%. in in some way it includes the decisions between individual firms which constitutes the number in itself. so so i come back to my original question, by any means, or at all if you feel necessary, i just want you to want if you are being prepared to consider giving out we need to have a sensible debate about this subject. there are some very foolish claims which many of this committee think are being made by the romanian camp. but it seems that you are now fueling the fire with. >> if i may, i'll answer your points one by one.

i think perhaps a huge pressure on wages and it's a matter of greater economy control, and may be of the industry, business, as a result of the uncontrolled flow of unskilled labor. whether people will dispute, i think many included in this debate will contest that there has been pressure, i'm saying it might not always be huge but in some cases it has been. secondly, on the point about, in the city alone i think there are real incomes and the best of my moment and to back up to the levels that they were in 2008.

there are some substantial down pressure and wages. immigration is certainly part of that. on the issue on what would happen if we left in the shock the people described, i'm grateful for what you said about some of the alarms of the romanian camp tonight -- the point i'm trying to make is that by the time it would happen if you very much and people would understand the consequences. the reason i make the analogy is because by the time that happened everybody gets freaked out so much. i think that something would happen. the deal that i described would

be done on the back of what has already been done. with regards to the cost of food, yes there is a cost of food. when i tried to say is that we are big contributors to the e.u. agriculture product as well as the overall budget. approximately eight half-billion, maybe as much as 10 billion pounds goes from us to the e.u. never to be seen again. it is time it's been a long time not signing off the accounts of the e.u., even today they continue to have a large percentage of a significant percentage of the budget is misspent or not accounted for.

and that's 2 trillion euros, a serious amount of money just getting messed. it it is not good use of taxpayers money. any to come back to this country and the savings of the agricultural budget. the point about the animal hygiene byproducts i just, my point was very simple, i do think that the real issue is about how officials in our country take -- >> i'm sorry to interrupt but i want to be what you actually said. only very recent, just sometimes it sounds simply ludicrous like you cannot recycle a teabag. there does not seem to be much of a reference their criticism. >> i think you'll find that i

her or frequent i made the point about goldplating and it does sound ludicrous and as a result of the hideous confluence of the e.u. regulation and overzealous implementation by officials in this country. as for the percentage of e.u. and regulation legislation, after a lengthy we basically greed here that if you look at just the directives you get down about 13%. but when you include statutory you get about two thirds, 59% going through. that is a huge amount. it was in such a way that it's a

crucial thing is to fall within e.u. and once it is in our competence that is the crucial. >> that's very helpful. >> am very grateful for this opportunity to make these points. far from my and they are running and in facts and not others. to explain why they are in danger. >> delivering us grains of truth you are dangerously close to making some points a few moments ago. >> three points. the reasons, the fundamentally

three, one it's too expensive, the e.u.'s economy stands back eight half or 10 billion. second is about control, power, democracy, it is been undermined. the third reason is the fundamental dishonesty of continuing to pretend that free trade arrangements with this project and we should never -- >> that is extremely helpful clarification of justification of your decision. i'm very grateful for having stayed for the extra time. he provided some extremely interesting evidence of the primary colors that we have come to expect of you.

>> most are not even consulting their black books. >> we may even need to see you again. [laughter] thank you very much. >> they don't want me to talk. >> hear some programs to watch more. this weekend, join us for the 22nd annual virginia festival of the book in charlottesville. starting saturday at 80 string, programs include author bruce hillman who discusses his book, the man who stopped einstein. how nazi scientists change the course of history. then, saturday evening at seven p.m., patricia bell scott, professor emeritus of women's studies at the university of georgia on the firebrand and the first lady. portrait of a friendship, the book explores the relationship

between civil rights activist polymer, cofounder of the national organization for women and first lady eleanor roosevelt. patricia bell scott speaks with author and historian at was about house in new york city. on sunday, beginning at 1:00 p.m. eastern, more from the virginia festival of the book. including kelly carlin, george carlin's a daughter who talks about her life growing up the committee and in her book, a carlin home companion. sunday night at 9:00 p.m., afterwards with historian nancy cole, other breakthrough, the making of america's first woman president. she looks at women political leaders and the advances they are making in the political arena. she is interviewed by the chair cofounder of cornell's law school. >> ..

&%c1 blp >> go to booktv.org for the complete weekend schedule. >> tonight a special friday night edition of booktv with highlights from recent book festivals. steve osborne talks about his book the job. true life story from the life of a cop. and we talk about james madison's notes from the constitutional convention. and highlights of the tucson book festival. and from the savannah book festival we talk about post-civil war history experienced through sex generations of her african-american family.