Brexit

[Rasputin]

LMAO people blaming Brexit for relocation of jobs in Financial Services. Get a grip people. JP, HSBC etc are simply using it as an excuse to bury bad news and reduce cost of head count. Bloomberg/Reuters/HSBC etc etc all started moving jobs outside of the London sphere ages ago. Its simply moving to where the labour is cheaper. London is the financial centre of the world and two thing and two things only are going to happen.

Firstly the EU tries to **** us at which point we collude with the US deregulate investment banking and go back to the way things were before and retain out grip on the markets.
Secondly the EU realises that London is too big to take on both from a revenue perspective and logistical when it comes to relocating people and therefore winds its neck in.

Vive La Revolution!!

THE END!

 

[Orion]

Or the basic EEC that we signed up to before the politicos started their expansionist quest.

Lets just be clear on this

The EU commity propose legislation which then goes to to democraticly elected EU parliament for debate and formulation into policy

The UK has 72 elected MEPs on the EU parliament

Making us the second largest influence on the EU equal to France & Italy.

The next largest being Poland & Spain with 50

Then a raft on 22 and below

Germany has 99 which I have always felt is wrong and that they should have 72 like the other main players.

But in short the above countries have majority power over all decisions made inside the EU

It is unimaginable that ANY policy could get through the EU without the support of the UK and our hugely loyal friend Poland

To belive we are at the mercy of any country in the EU is ridicilious.

NOTHING came out of the EU that our governments didn't want or didn't have to agree with

And?

In 1975 the UK referendum was in favour of remaining within the EEC. Since then the slide into the EU has been to the tune of graft, fraud, corruption, mismanagement and nepotism, (remember 1999 when all the commissioners 'resigned' before being sacked - and no doubt by doing so avoided further embarrassing questions being asked), all of which continues to this day.

The French & Dutch referendums in 2005 regarding their respective governments plans to ratify the EU Constitution were ignored, and resulted in planned referendums in Ireland and the Czech Republic on the same issue being postponed indefinitely by their own governments.

In 2016 the UK referendum was in favour of withdrawing from the EU, which was recognised as the will of the people of the UK as a whole by our government, (not this bit voted remain, that bit wanted out - that's not how democracy works, although some appear to have forgotten it), so why not just get on with it and ensure the UK gets the best possible deal.................... everywhere.

 

[tackb]

Do you realy believe this?

We were the arogent ones

Only EU country to stay out of the Euro?

UK

The Only EU countries with the right under the treaty to ignore any EU law?

UK and Poland

The UK government has used the EU as a whipping boy for unpopular but necessary policy for decades.

Its far from perfict, we all know this but its a million times better than the alternative.


One thing about Brexit that has become obvious to me is thers no arguing with the out voters. I was discussing it with an out voter from Cornwall recently who apparently voted out because of rich people from London buyingup property as second homes in Cornwall??

I tried to get through to him that this issue and the EU were totally unrelated and pointed out the EU had made 654,000,000 euro investment last year into the development of cornwall in addition to offering start up grants and huge investment in renewable energy projects but I might as well have been talking Chinese

Then I pointed out the London financial services were going to lose EU clearing which will cost the city 15% of its turnover and 9 Billion pounds and his response was, people in London earn too much?

Then I offered up that UK banking alone produces 24 billion in income via tax and NI contrubutions and if theres an exidious of banks to EU countries we as a nation would suffer a loss as 80% of our GDP is made up from the service sector

And he suggested it was about time those ba###rds suffer?????????

There is just no point in arguing with logic like this.

we weren't happy (well you were but your in a minority) Cameroon went to negotiate us a better deal we were happy with and came back with the sum total of sod all , the result in the brexit vote reflects how the uk as a whole felt about that.

 

[Chasey]

A voice in the wilderness here!, ............ What makes me wince is the statement that the eu (small lettering intentional), have spent or put into some such scheme or whatever in some area of the UK, XYZ#~ euro's ........... WTF where did that money come from???????????????? US, WE the UK.

That money we spent (that the EU spent billions on reinvesting into the UK), will be swallowed up in ongoing costs of Brexit. We will no doubt still have to contribute to the EU if we settle on any trade agreement outside the WTO and if we end up trading under WTO we will be begging for the days when we only had to pay 380million (over half of which we get back in grants) to trade with the EU

Brexit is like going Petrol because Petrol is 5p cheeper then diesel at the pumps.

Yes it is, but the MPG of petrol and the simplicity of the engins make them far cheeper to run and easy 200,000 mile capabull

Trouble is the EU is flawed and Diesel is a pollutant.

So we decide to go petrol and swallow the additional cost and we decide to exit the EU and we will have to swallow the extra cost.

 

[finnbear270]

we will be begging for the days when we only had to pay 380million (over half of which we get back in grants) to trade with the EU
So in effect we were / are paying tariffs then???

 

[Chasey]

we weren't happy (well you were but your in a minority) Cameroon went to negotiate us a better deal we were happy with and came back with the sum total of sod all , the result in the brexit vote reflects how the uk as a whole felt about that.

Exactly

A vote based on emotion not logic

Any one want to bet with me the Brexit voters will have nothing AT ALL to celebrate post Brexit apart from some bragging rights about mythical gains in Soverignty.

And boy are you going to pay for those mythical gains with austerity measures and taxation to cover the cost.

The economy is an oil tanker and it will take a long time to turn the ship. The great and the good in fund managmment are sugesting figures like 20-30 years for us to recover from the cost.

Ideas are floating like the previously unthinkable privitisation of the NHS

You know all those blue coller workers who voted for Trump and a Better world who just got screwed with 21,000,000 of the porest Americans loosing their healthcare cover whilst the top1% will enjoy a tax cut of up to 96,000 dollars a year?

That's the sort of thing I am expecting post 2020

 

[tackb]

Exactly

A vote based on emotion not logic

Any one want to bet with me the Brexit voters will have nothing AT ALL to celebrate post Brexit apart from some bragging rights about mythical gains in Soverignty.

And boy are you going to pay for those mythical gains with austerity measures and taxation to cover the cost.

The economy is an oil tanker and it will take a long time to turn the ship. The great and the good in fund managmment are sugesting figures like 20-30 years for us to recover from the cost.

Ideas are floating like the previously unthinkable privitisation of the NHS

You know all those blue coller workers who voted for Trump and a Better world who just got screwed with 21,000,000 of the porest Americans loosing their healthcare cover whilst the top1% will enjoy a tax cut of up to 96,000 dollars a year?

That's the sort of thing I am expecting post 2020

how come your remoaner doom mongering is ok but brexiters doom mongering isn't ?


have you consider the possibility that it might be a good thing ?


I've considered that leaving might be bad but then decided that at least we have the chance to be better off our own backs , knuckle down and get on with it kind of thing ?

 

[Chasey]

we will be begging for the days when we only had to pay 380million (over half of which we get back in grants) to trade with the EU

So in effect we were / are paying tariffs then???

You wont listen to me

Here is Profesor of EU law explaining the principles but I doubt you will listen to him either

Google him and watch all his videos and you will struggle to remain confident about Brexit

 

[Jagare]

Oh please... Sweden and Denmark fail to meet the qualification for entering into the Euro because they don't comply with the ERMII

SUre you can argue they don't want to but its NOT their right to stay out as it is with the UK

So Sweden and Denmark, two countries that have relative stable economies don't qualify to join the Euro. How do all these economic basket case countries manage to join the Euro zone ?

 

[sikamalc]

This thread is getting boring now, even as one of the site owners, I have to say its about time people had some back bone, and stopped bloody moaning and putting the country down because we are leaving the EU. Grow some balls and get on with life instead of complaining and trying to make a case.

Its done we are leaving the EU, that was the majority vote of the people of this country, whatever happens from now onwards will not be the end of mankind and life as we know it.

I think a couple of members on here could give that Scottish chap in Dads army a run for his money...................were all doomed I tell e doomed!!

 

[JTO]

I think people with literacy problems should type their comment into MS Word and run the spelling and grammar check before copy-and-pasting it into the thread comment box.

 

[Orion]

How do all these economic basket case countries manage to join the Euro zone ?

Because they then become ready (euro) markets for certain companies, particularly those in the defence sector.

Examples would be the Greek 4 billion (or maybe 7 billion euro depending if the bribes are added in) submarine deal brokered by ThyssenKrupp Marine Systems, the 50 million euro air defence system from Rheinmetall (who copped a 37 million euro fine for bribing corrupt greek officials), 3 billion euro splashed out on Leopard II tanks from Krauss-Maffei Wegmann of Munich (widely acknowleded as useless for fighting in Greek terrain), with extra for ammo from Rheinmetall .... the list goes on and on, but you'll see the common link between all of them.

And all when the country was essentially bankrupt and in receipt of EU bailouts largely at the behest of......................!

 

[finnbear270]

Germania by the back door now seems highly unlikely, wonder what would transpire if Le Pen got in the French driving seat?

 

[Highlandsjohn]

[QUOTE I've considered that leaving might be bad but then decided that at least we have the chance to be better off our own backs , knuckle down and get on with it kind of thing ?[/QUOTE]

Exactly that in a nutshell

 

[Jagare]

Because they then become ready (euro) markets for certain companies, particularly those in the defence sector.

Examples would be the Greek 4 billion (or maybe 7 billion euro depending if the bribes are added in) submarine deal brokered by ThyssenKrupp Marine Systems, the 50 million euro air defence system from Rheinmetall (who copped a 37 million euro fine for bribing corrupt greek officials), 3 billion euro splashed out on Leopard II tanks from Krauss-Maffei Wegmann of Munich (widely acknowleded as useless for fighting in Greek terrain), with extra for ammo from Rheinmetall .... the list goes on and on, but you'll see the common link between all of them.

And all when the country was essentially bankrupt and in receipt of EU bailouts largely at the behest of......................!

What , And the Swedish arms industry didn't get a look in. Sweden could have bribed the Greeks to buy a few guns from Bofors and the odd Saab fighter plane or two.

 

[african jack]

If she does not get in this time she will next time. when the French have to start paying some of our share of the payments to the EU.

Germania by the back door now seems highly unlikely, wonder what would transpire if Le Pen got in the French driving seat?

 

[timbrayford]

Perhaps we should go back to the old ways and just have a big old war?

WW1 & WW2 were in essence vicious military squabbles between other nations on the European mainland that the UK got drawn into, perhaps next time round we should just leave all those ungrateful Europeans to it?

 

[Apthorpe]

Yes technically it did. But then it got re-distributed to help Cornwall (that voted Leave) and East Anglia (that voted Leave) that our own Gov't can't be bothered to assist.

Yet what beggars belief is that the nation having now voted Leave the Tories have promised to continue to keep wealthy corporate farming interests STILL RECEIVING PAYMENTS!

It's worth pointing out that even the EU acknowledges that the money it spent in Cornwall was largely wasted, and also that Chasey's figure of 600+million per year for the amount of that spending is almost certainly extremely inaccurate. I think it is around ten times less than he says.
I don't get the unquestioning insistence of some that it is a good thing to have the EU take our money, thereby preventing us allocating it for anything else, and then wasting it. If it must be wasted, then it should be wasted by the UK.

 

[User00035]

The purpose of EU "grants" is to divide and rule. To fragment nations, turn them into regions, sow division and undermine, over-rule and thereby eventually wipe out national democracy.
For every £1 doled out by the EU, we had to pay in £2 in the first place. The shrivelled and depleted alms we get back for our bank-rolling comes with highly politicised strings attached, the sole purpose of which is to pursue the above agenda. Only a madman or someone growing fat on vested interest would think being bribed or having your governance bought off with your own money, and then with only half of the sum you submitted in the first place, represented a net benefit.

 

[Rasputin]

Exactly

A vote based on emotion not logic

Any one want to bet with me the Brexit voters will have nothing AT ALL to celebrate post Brexit apart from some bragging rights about mythical gains in Soverignty.

And boy are you going to pay for those mythical gains with austerity measures and taxation to cover the cost.

The economy is an oil tanker and it will take a long time to turn the ship. The great and the good in fund managmment are sugesting figures like 20-30 years for us to recover from the cost.

Ideas are floating like the previously unthinkable privitisation of the NHS

You know all those blue coller workers who voted for Trump and a Better world who just got screwed with 21,000,000 of the porest Americans loosing their healthcare cover whilst the top1% will enjoy a tax cut of up to 96,000 dollars a year?

That's the sort of thing I am expecting post 2020

i will happily take that bet. For every fund manger saying that I can find an equal amount saying the opposite. Keep in mind these are the same fund managers who smashed into cdo's clos etc without seeing any downside.... On the m&a side they are equally tied. People like you are also forgetting that the EU is on its knees so you can't use shield and sword in the same argument.