Brexit

[Stephen]

Fair enough

[barney]

I just love the way that EuroNews reported the election of the new Commissioner.

Apparently she won by a majority of 383

( it was really a majority of 15 ) - 368 against

gotta love 'em, haven't you.

Given that she was the only candidate , that's true democracy in action.
There was originally eleven candidates but none made it on to the final list.

Edit > by the way, she was never on the original list.

Where is Jack Staff to defend it ?

[Ray Scully]

I just love the way that EuroNews reported the election of the new Commissioner.

Apparently she won by a majority of 383

( it was really a majority of 15 ) - 368 against

gotta love 'em, haven't you.

Given that she was the only candidate , that's true democracy in action.
There was originally eleven candidates but none made it on to the final list.

Edit > by the way, she was never on the original list.

Where is Jack Staff to defend it ?

Some losers some winners Barney. Interesting to listen to Ben Habib of the Brexit Party on Newsnight yesterday. He certainly has all his financial ducks in a row in the hope of a financial killing with a no-deal exit. However no doubt he won't be on his own.

[barney]

I fail to see the connection between the Commission 'election' and some bloke nobody has heard of on Newsnight?

Please enlighten me.

[barney]

Ok Ray, I caught up on Newsnight and watched the discussion.

As suspected, it had no correlation to my original post of the Commissioner's coronation.
My point is that the EU likes to give a veil of democracy when in reality, most decisions are determined in back room deals.

While it was on, I continued to watch the fast speaking Irish senator who claimed that the EU would only allow (his exact word) to leave if we sign up to the back stop in the WA.

Therein lies the problem.

Maitliss explained that the very thing written in to avoid a border in what will cause it, but he just continued his ramble .

She even suggested that the EU may have no option but to look again which he totally rejected.

So, the only resolution can be a No Deal or No Brexit, because the WA is well and truly dead in it's current form.

For there to be no Brexit, the government must fall and a GE will ensue. But, it would still require the PM of the day to request yet another extension from the EU.
Should the Tories win a GE, then Johnson would almost definitely not request an extension, thus No Deal or a last minute compromise.

Add in the fact that all of this must happen within a few months.

[Ray Scully]

Ok Ray, I caught up on Newsnight and watched the discussion.

As suspected, it had no correlation to my original post of the Commissioner's coronation.
My point is that the EU likes to give a veil of democracy when in reality, most decisions are determined in back room deals.

While it was on, I continued to watch the fast speaking Irish senator who claimed that the EU would only allow (his exact word) to leave if we sign up to the back stop in the WA.

Therein lies the problem.

Maitliss explained that the very thing written in to avoid a border in what will cause it, but he just continued his ramble .

She even suggested that the EU may have no option but to look again which he totally rejected.

So, the only resolution can be a No Deal or No Brexit, because the WA is well and truly dead in it's current form.

For there to be no Brexit, the government must fall and a GE will ensue. But, it would still require the PM of the day to request yet another extension from the EU.
Should the Tories win a GE, then Johnson would almost definitely not request an extension, thus No Deal or a last minute compromise.

Add in the fact that all of this must happen within a few months.

But hey Barney, those with capital and a bit of nous must be alive to the substantial benefits from a no-deal Brexit

[Ray Scully]

Hi Barney a little further reading confirms the unacceptable process the EU used to 'elect' their Commissioners. Ironically compounded by the fact that it was Labour and Lib Dems votes that got her over the line.
As it is looking more likely that we leave without a deal, which aspects of current EU laws/policies would you wish to see rescinded first? climate change, environmental, worker's rights and with what degree of urgency?

[towny44]

Hi Barney a little further reading confirms the unacceptable process the EU used to 'elect' their Commissioners. Ironically compounded by the fact that it was Labour and Lib Dems votes that got her over the line.
As it is looking more likely that we leave without a deal, which aspects of current EU laws/policies would you wish to see rescinded first? climate change, environmental, worker's rights and with what degree of urgency?

Ray those items are not the only laws the EU have and the UK govt has already said they are reasonably happy to keep all 3.
But we certainly should not be considering following in the new commissioners footsteps towards a Star Wars type federal Europe with leaders foisted upon us by a Franco German cabal.

[barney]

Hi Barney a little further reading confirms the unacceptable process the EU used to 'elect' their Commissioners. Ironically compounded by the fact that it was Labour and Lib Dems votes that got her over the line.
As it is looking more likely that we leave without a deal, which aspects of current EU laws/policies would you wish to see rescinded first? climate change, environmental, worker's rights and with what degree of urgency?

Why would you think that anybody wants to rescind any laws that the UK accept and voted for?
What a strange position for you to take Ray.

The UK is one of the most stringent in all those points.

[Gill W]

I just love the way that EuroNews reported the election of the new Commissioner.

Apparently she won by a majority of 383

( it was really a majority of 15 ) - 368 against

gotta love 'em, haven't you.

Given that she was the only candidate , that's true democracy in action.
There was originally eleven candidates but none made it on to the final list.

Edit > by the way, she was never on the original list.

Where is Jack Staff to defend it ?

In other words, give or take a couple of votes the yeses won by 52/48%

For the past three years I’ve been told that’s an overwhelming majority !

[Ray Scully]

Hi Barney a little further reading confirms the unacceptable process the EU used to 'elect' their Commissioners. Ironically compounded by the fact that it was Labour and Lib Dems votes that got her over the line.
As it is looking more likely that we leave without a deal, which aspects of current EU laws/policies would you wish to see rescinded first? climate change, environmental, worker's rights and with what degree of urgency?

Why would you think that anybody wants to rescind any laws that the UK accepts and voted for?
What a strange position for you to take Ray.

The UK is one of the most stringent in all those points.

Not my position Barney, I know that the UK has voted for over 90% of EU laws. But I am under the impression that you guys want to take back control and release us from the shackles of the European Court of Justice. So come day 1 of a no-deal what will be the most important changes you will be hoping for?

[barney]

I think you are looking for an argument that doesn't exist Ray.
Who on earth has ever said that they want to rescind current law?

Love Gill's irony by the way

[Ray Scully]

I think you are looking for an argument that doesn't exist Ray.
Who on earth has ever said that they want to rescind current law?

Love Gill's irony by the way

Not an argument at all Barney, just looking for the 'possible tangible' benefits.

[towny44]

I think you are looking for an argument that doesn't exist Ray.
Who on earth has ever said that they want to rescind current law?

Love Gill's irony by the way

Not an argument at all Barney, just looking for the 'possible tangible' benefits.

The tangible benefits are not really in existing EU law, which I am sure you know has already been, or earmarked to be, written info UK law.
Check #6483 for my main benefit, but you might need to wait a few years for others if there is a WTO no deal, if there is a deal then I expect quite a healthy Brexit bounce.

[Ray Scully]

I think you are looking for an argument that doesn't exist Ray.
Who on earth has ever said that they want to rescind current law?

Love Gill's irony by the way

Not an argument at all Barney, just looking for the 'possible tangible' benefits.

The tangible benefits are not really in existing EU law, which I am sure you know has already been, or earmarked to be, written info UK law.
Check #6483 for my main benefit, but you might need to wait a few years for others if there is a WTO no deal, if there is a deal then I expect quite a healthy Brexit bounce.

John a sensible deal is to everyone's benefit. The social consequences of crashing out with the worst projections coming to pass are frightening

[CaroleF]

Why these days when someone, or something leaves does it have to be 'crashing out'? The UK will be leaving the EU not 'crashing out'. It's the same in sport - if a team loses they don't just lose, they 'crash out'. Where on earth did that piece of hyperbole come from?

Carole

[barney]

Because the media do love a bit of drama.

It raises the bar.

Imagine the headline saying The UK leaves the EU and it won't be quite as good as leavers hoped and not quite as bad as remainers feared.

Hardly click bait, is it?

[Mervyn and Trish]

The media are simple souls. It's the same as a cruise where 30 people get norovirus becomes "cruise from hell on third world plague ship"!

Or a flight we were on when a fighter jet appeared alongside (we'd briefly lost communication with the ground and they were checking on us) which appeared in the media as "passengers panic as fighter jet buzzes airliner". Most of them were actually asleep, a lot of the rest didn't notice it, and those that did were generally fascinated. We took our cue from the flight attendants who continued flogging duty free rather than texting their goodbyes to loved ones. The woman who took it to the media was apparently worried it was a Russian plane about to shoot us down (over southern France - I think she needs a geography lesson!)

[Ray Scully]

Because the media do love a bit of drama.

It raises the bar.

Imagine the headline saying The UK leaves the EU and it won't be quite as good as leavers hoped and not quite as bad as remainers feared.

Hardly click bait, is it?

I think the headlines would be very mixed and varied in the case of a no deal outcome. Anyway that's what today's OBR report suggests

"Public borrowing could surge by £30bn a year if there is a no-deal Brexit, the country's spending watchdog says.

"The Office for Budget Responsibility (OBR) said the scenario was based on assumptions that a no-deal Brexit would cause a UK recession.

It said this was "not necessarily the most likely outcome" but also "by no means the worst case scenario".

Our politicians are playing a massive game of Russian Roulette, albeit those with capital to invest could make a real killing as happened after the banking fiasco.

[towny44]

Ray, can you please explain simply how we can make a killing on a no deal Brexit, so we can decide if its worthwhile.

[Ray Scully]

Ray, can you please explain simply how we can make a killing on a no deal Brexit, so we can decide if its worthwhile.

John! on a public forum? everyone would be piling in. But just a little tip, google who benefited from the financial crash and how. When markets dive there is money to be made

[barney]

Money makes money Ray.

They make money in good times and they make money in bad times.

I googled it as you suggested and it threw up a few familiar names, one of which being Donald Trump.

What I didn't expect was Mario Draghi , outgoing President of the ECB and Christine Lagarde IMF and incoming President of the ECB.

I do believe that a certain George Soros (remain banker) also did quite nicely out of it.

I must admit that I didn't do too bad myself because I took a punt on some of the banks at a very low time.

I also took advantage of the sudden slide in Carnival following the Concordia disaster, bought at a tad over £16 and sold at nearly £50, keeping the minimum for additional OBC.

I was fortunate to have a very knowledgable friend in the City at the time preceeding the crash and he called me to advise selling everything I had in shares, which I did, then bought back some near the bottom.

I now use a company called Janus Henderson, who invest in mostly UK and mostly low risk.
They haven't been in touch yet to tell me of the impending doom.
I'm awaiting a letter any day now …………………

[Mervyn and Trish]

Because the media do love a bit of drama.

It raises the bar.

Imagine the headline saying The UK leaves the EU and it won't be quite as good as leavers hoped and not quite as bad as remainers feared.

Hardly click bait, is it?

I think the headlines would be very mixed and varied in the case of a no deal outcome. Anyway that's what today's OBR report suggests

"Public borrowing could surge by £30bn a year if there is a no-deal Brexit, the country's spending watchdog says.

"The Office for Budget Responsibility (OBR) said the scenario was based on assumptions that a no-deal Brexit would cause a UK recession.

It said this was "not necessarily the most likely outcome" but also "by no means the worst case scenario".

Our politicians are playing a massive game of Russian Roulette, albeit those with capital to invest could make a real killing as happened after the banking fiasco.

Just tip me the wink when the OBR makes an accurate projection. They change their forecasts almost as often as I change my socks!

[Stephen]

I wondered what the smell was

[Ray Scully]

I wondered what the smell was

Boris's kipper old boy