FORUMS > The Sin Bin > What now for the UK? |
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| Will Cameron go crawling back to join the party or will we leave the EU for good?
In either case we are entering interesting and possibly turbulent times.
Has Cameron shown his inexperience and cocked-up Britain's future completely?
Has he called it right and done the opposite?
Does he have a Plan B like jooning the US / Canada economic bloc?
Has he played a blinder in terms of short-term UK politics? Could he lose Lib-Dem support, call a snap election and get a big Tory majority on the back of his actiion / inaction?
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| Only time will tell, but 1 thing is for sure, the working man will be even more worse off.
What was he voting for? Does anyone know? and who actually cares?
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| Quote: Live Wired "Only time will tell, but 1 thing is for sure, the working man will be even more worse off.
What was he voting for? Does anyone know? and who actually cares?'" They wanted to tax every interbank transaction in Europe.
Dave quite rightly said 'Hang on 10% of our GDP is in the finanical sector and if you do that they will all bugger off to the US or Asia so here have my veto'
The Other Europeans Hungary aside said 'Well we all agree so we will do it without you'.
TBH Cameron had little choice as numerous governments have drove us to relay on the financial sector far to much and if he went along with it we would have been royally screwed.
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| Christ, this is a first.... Cameron getting something right.
Bet he can't manage two on the bounce.
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| He's finally shown he has some balls at least. Only time will tell what the effect will be.
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| So the European governments wanted to tax the banks, but Britain did not?
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| Quote: Live Wired "So the European governments wanted to tax the banks, but Britain did not?'" Somewhat yes.
But from what I can gather it would have been used to prop up the Euro.
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| Well personally, I don't see a problem with that. Tax and death the only certainties.
Does that mean the banks/ big business run the country, and not the politicians? If so, what is the point of voting? ( i don't btw)
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| Quote: Anakin Skywalker "Somewhat yes.
But from what I can gather it would have been used to prop up the Euro.'"
Effectively taking money out of British banks and giving it to EU banks.
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| Quote: Live Wired "Well personally, I don't see a problem with that. Tax and death the only certainties.
Does that mean the banks/ big business run the country, and not the politicians? If so, what is the point of voting? ( i don't btw)'" If the money was to be returned to the taxpayers (US) I would say yes to a small tax but we are talking about taxing the banks to bail out an ill concived currency that we are not even part of (And wasn't that a good call!!).
A currency that didnt even do due dilligence on all of its members (How Greece got in I will never know something they have now found out to their cost), Why should we risk 10% of our GDP on that?
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| The UK has now effectively taken its football home from the playground and said it doesnt want to play with the other boys and girls unless it does what it wants.
The other boys and girls of course have access to their own football and will play on regardless.
The UK will therefore be forced to stand alone with no friends, or else come crawling back to the playground and agree to play the games that all the other boys and girls have decided upon.
For me this is Camerons Chamberlain moment, he will return home saying he has saved Britain, when in reality he has just delayed the inevitable.
Welcome to LITTLE BRITAIN
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| Quote: Thorntonsaint "Effectively taking money out of British banks and giving it to EU banks.'" Yep.
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| Quote: The Chair Maker "The UK has now effectively taken its football home from the playground and said it doesnt want to play with the other boys and girls unless it does what it wants.
The other boys and girls of course have access to their own football and will play on regardless.
The UK will therefore be forced to stand alone with no friends, or else come crawling back to the playground and agree to play the games that all the other boys and girls have decided upon.
For me this is Camerons Chamberlain moment, he will return home saying he has saved Britain, when in reality he has just delayed the inevitable.
Welcome to LITTLE BRITAIN'" How has he?
Any change to our version of the EU treaty requires a referendum that is on the statute books.
We all know what the outcome of that will be.
That is why successive governments have been so reluctant to call one.
Oh and BTW last time I checked Switzerland wasn't in the EU and they have a higher percentage of their GDP being exports than we do.
Also as of me writing this we are still the 6th biggest economy in the world so maybe we are not so little eh!
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| I'm entirely in favour of a transaction tax – but if enacted in the UK, it should be used to pay off the deficit and fund growth-boosting projects (and avoid the cuts that, apart from anything else, increase unemployment).
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| Quote: Thorntonsaint "Effectively taking money out of British banks and giving it to EU banks.'"
Most of the banks trading out of the City are not British they are foreign owned. The money made is repatriated to offshore tax havens or to the USA.
I support a financial tax on the city. Its a disgrace that those who caused the crises should not have to pay for it. We are the 99%
The Europeans know that it is the casino banking system based in the UK that has corrupted the individual nations like Greece, by selling them usurious loans that have now destroyed their economies.
The Financial transaction tax is nothing more than a war reparation.
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