Europe, Referendum & Brexit (formerly Europe..IN or OUT??)

Kenneth Clarke has reminded the House Of Commons today that we live in a parliamentary democracy - where parliament has sovereignty - and a responsible parliament acts in the national interest, rather than following a narrowly won referendum which was only advisory anyway.

(27-06-2016 18:00 )rob spartacus Wrote:  Kenneth Clarke has reminded the House Of Commons today that we live in a parliamentary democracy - where parliament has sovereignty - and a responsible parliament acts in the national interest, rather than following a narrowly won referendum which was only advisory anyway.

So fuck what the people think, parliament says.

This is not a democracey, it is a plutocracy

17,410,742 voted to leave, Cameroon received 11,334,576 to be in power, 1 million is not narrow, even by the manipulation of percentages 4% is quite large.

The short term damage as already been done; to hear all the remain voters trying to whip up the hysteria you'd think that tha economey would never rcover.

What? do they think it will just bounce back up to normal? In or out it's goign to take some recovering, and there's NOTHING to say it will quicker in than out.

(27-06-2016 12:22 )Censorship :-( Wrote:  From Reuters, attributed to European Council spokesman:

"The notification of Article 50 is a formal act and has to be done by the British government to the European Council," the spokesman said. "It has to be done in an unequivocal manner with the explicit intent to trigger Article 50.

"Negotiations of leaving and the future relationship can only begin after such a formal notification. If it is indeed the intention of the British government to leave the EU, it is therefore in its interest to notify as soon as possible."


Make of that what you will.

Germany has confirmed today that this is their view - no negotiations of any kind before the UK invokes article 50.

(27-06-2016 18:16 )admiral decker Wrote:  Germany has confirmed today that this is their view - no negotiations of any kind before the UK invokes article 50.

This is turning in to call my bluff.

Well thats out AAA credit rating gone S& P downgraded us to AA from AAA we were the only country to have AAA still not anymore

haha

(27-06-2016 18:38 )HannahsPet Wrote:  Well thats out AAA credit rating gone S& P downgraded us to AA from AAA we were the only country to have AAA still not anymore

AA is still not too shabby, I thought it was much worse than that.

https://en.wikipedia.org/wiki/Bond_credi...efinitions

Would these be the same agencies who gave the american financial institution Lehman Brothers their AAA credit rating six months before it collapsed triggering the global financial meltdown? Did they not also give the two biggest banks in Iceland that same AAA rating TWO DAYS! before they both went bust almost bankrupting the country?

Think we should take their ratings with a very large pinch of salt.

SURPRISE SURPRISE#
GEROGEY PORGY OSBOURNE says the Btitish economy is in good health and there will be NO emergency budget like he said before vote!!

(27-06-2016 18:38 )HannahsPet Wrote:  Well thats out AAA credit rating gone S& P downgraded us to AA from AAA we were the only country to have AAA still not anymore

Well although some people go for the cheap shot about ratings agencies the fact is that a determinant of the price the Government has to pay to borrow is the credit rating. S&P were the only ones to maintain a AAA rating for us but the implications are that it will cost the Govt. more to service our borrowing.

Mock if you like but some of the fictitious £350m a week has just probably gone to pay for increased borrowing costs.