Brit-ex

[vt]

Re: Brixit

This is not right or left. This is a revolution of the voters in the center against governments. Over a year ago 60% of U.S. voters in a poll wanted to get rid of everyone from both parties. The hate politicians; they hate and don't trust the media.

If anyone is an officeholder or has a job tied to someone in government, they better start looking for a new line of work.

[jk]

Re: Brixit

This is not right or left. This is a revolution of the voters in the center against governments.

this is demonstrated in the commonalities between bernie supporters and trump supporters.*

* [yes, i know there are differences too.]

[BK]

Re: Brixit

The average American or Brit is being squeezed to death by price inflation for food, health care, education, and housing. While every other day Governments around the world tell people there is no inflation. Then you see the average and less average worker competing for work with immigrants in every major industrial economy.

Shoes for a kid in USA $50+, shirts $40-up, University Education $200,000-$300,000 while prospects for a job lower than a generation ago.

The average Brit or American can't make sense of why they can't live like their parents did while their 401K balance and value of their home surges.

Central Banks have brought this revolution/evolution upon governments around the world.

[santafe2]

Re: EU takedown by Philosopher

Current odds, (if one cares to bet on these sort of things), is 25:1 against exit.

Big odds but Britain is out of the EU. I'm sure a few made huge sums but many currency traders got crushed. Cameron is out and the DOW was down over 600 today. Monday should be interesting.

[jk]

Re: EU takedown by Philosopher




Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

from yeats' "the second coming"

i did well today with 22% of my assets in gold, 17% in long duration treasuries [tlt and edv], and virtually no equity exposure. [49% cash, 12% eastham iv]

i've invested in fear and anarchy and so far it's a winner.

[Ellen Z]

Re: EU takedown by Philosopher

Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

+1

[santafe2]

Re: EU takedown by Philosopher

One of my favorite comments regarding Brexit came from Bill Maher. Brixit, who the F* cares, we Brexited in 1776. I get that it's an American conceit, but we still enjoy having a bit of fun at Britain's expense.

[Polish_Silver]

Re: Brit-ex--no reform in site

I'm voting for brexit... not because I think it's best for the UK, but I see this as the last option to get pressure for EU bureaucrats to reform.
If the vote results in anything above 60% in favour of staying, the Brussels elite will just lean back and say:
"See, we've been right all along and the UK citizen agree! No need to change anything...".
I'm hoping either for a very narrow margin in favour of staying in the EU, or a Brexit.
In the mind of most Brits, they've never been part of the EU anyway. e.g. Many refer to the mainland as 'Europe'. (personally I favour 'the continent').

The problems have been well known for a dozen years. Even Brexit will not cause meaningful reform, only some window dressing.

I don't think the EU has a referendum mechanism that can touch the basic structure and power of the European commission/council, and the people at the top will not voluntarily reduce their power and privilege. (how often does that ever happen?)

Over half of Britains trade is outside the EU, so being outside might actually improve Britain's trade. Besides, now they can accept the immigrants they want, not what the EU wants them to take.

[FrankL]

Re: Brit-ex--no reform in site

The problems have been well known for a dozen years. Even Brexit will not cause meaningful reform, only some window dressing.

I don't think the EU has a referendum mechanism that can touch the basic structure and power of the European commission/council, and the people at the top will not voluntarily reduce their power and privilege. (how often does that ever happen?)

Over half of Britains trade is outside the EU, so being outside might actually improve Britain's trade. Besides, now they can accept the immigrants they want, not what the EU wants them to take.

I doubt this will be the case for restricting the freedom of movement of EU citizen; it's part of any EU trade treaty with European states (excluding Turkey).
The Swiss found out after voting in a referendum for restricting immigration of EU citizen. The EU commission told them that their science and trade treaties are tied to the freedom of movement / right to work for EU citizen. Basically they were told it's an all-or-nothing situation. I'm not sure the UK will be able to negotiate different conditions.

However, Brexit will very likely result in the UK be able to avoid the EU-sanctioned redistribution of 'refugees'

As for your remarks on reforms: I'm afraid you might be right. In that case, I'm happy to advance the dissolution of this atrocity with a Brexit.

[Mega]

Re: EU takedown by Philosopher

Bill Maher?
Are yes MSM decoy.................

[jk]

Re: Brit-ex--no reform in site

The problems have been well known for a dozen years. Even Brexit will not cause meaningful reform, only some window dressing.

I don't think the EU has a referendum mechanism that can touch the basic structure and power of the European commission/council, and the people at the top will not voluntarily reduce their power and privilege. (how often does that ever happen?)

brexit is causing conflict between the eurocrat commission and the euro-leaders council. juncker wants to be vindictive pour encourager les autres. merkel has her eye on the fact that 20% of german auto production is exported to the uk. a german minister was quoted as saying merkel would get rid of juncker within a year. also the council released a statement about the need to recognize that different nations might have different ambitions about their degree of integration. the council is thus taking steps to rein in the commission.

[Polish_Silver]

The odds now

Current odds, (if one cares to bet on these sort of things), is 25:1 against exit.

Who makes up these figures?

People who love the EU?

[Polish_Silver]

Re: Brit-ex--no reform in site

brexit is causing conflict between the eurocrat commission and the euro-leaders council. juncker wants to be vindictive pour encourager les autres. merkel has her eye on the fact that 20% of german auto production is exported to the uk. a german minister was quoted as saying merkel would get rid of juncker within a year. also the council released a statement about the need to recognize that different nations might have different ambitions about their degree of integration. the council is thus taking steps to rein in the commission.

If "different degrees of integration" are allowed, I am wondering how the whole thing can work. The idea was the all nations would be under the same rules.

But then, there was always help for the poorer nations at the expense of the more wealthy. But even the appeal of that varies greatly from nation to nation.

Germany wanted Poland and the Baltic States IN, to make sure that the Russian block would stay far off. But France would not feel so strongly about that.

If nations can pick and choose, why not go back to national governments making agreements with each other?

[jk]

Re: Brit-ex--no reform in site

there are the countries sharing a currency. there is a wider group of countries sharing a trade zone. there is an overlapping group in the shengen area. there are associated nation like norway and switzerland with various degrees of regulation sharing.

the national gov'ts have not withered away, obviously. it remains to be seen who will have what powers and for how long.