What is really so desperate about this situation is that the true purpose of this referendum has nothing to do with leaving or remaining in the EU. It was a device dreamed up by David Cameron in order to keep the Conservative Party under control. He assumed that the majority of the electorate were satisfied with UK membership and their vote would shut the neanderthals up. This, of course, was the reason Harold Wilson called a similar referendum 40 years ago - to silence Tony Benn.
Whatever the result, using this tactic for party control purposes together with his inadequate action following the Scottish referendum will ensure that Cameron will enter history books as the most disastrous prime minister of modern times.
It should never be forgotten that he had only a single qualification for being party leader in the first place: his name was not Kenneth Clarke.