| FORUMS > The Sin Bin > What now for the UK? |
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| Quote: Anakin Skywalker "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?'"
So basically, Germany and France are the big cheeses and the rest are useless mickey mouse states ( Ireland especially), whom France and Germany wanted to screw and be in- debted to? |
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"You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| Quote: The Chair Maker "... The Europeans ...'"
That includes us.
Quote: The Chair Maker "... 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...'"
Then again, there's the little case of Goldman Sachs managing to pass the accounts of Greece so that it could enter the euro on a false basis.
And the fact that the EU effectively enshrines neo-liberalism.
And the other – and not remotely unrelated – fact that Merkel and Sarkozy were certainly looking at applying rules that would, in effect, ban Keynesian economic solutions.
And the other point that without any (as far as I know) political interference from the UK on this score, countries are now putting unelected bankers in charge. |
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Freedom without Socialism is privilege and injustice.
Socialism without freedom is slavery and brutality.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1136.jpg |
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| Quote: Scooter Nik "Christ, this is a first.... Cameron getting something right...'"
I'm undecided on that.
The new tax would be 0.05%.
We already charge 0.5% stamp duty ... so the total would be 0.55% .
Can't see that would drive everyone overseas. |
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If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: Live Wired "So basically, Germany and France are the big cheeses and the rest are useless mickey mouse states ( Ireland especially), whom France and Germany wanted to screw and be in- debted to?'" Yes
We are not in the Euro so would have not benefited from the cash this would have raised.
So we would have risked 10% of our GDP for no gain what so ever.
Sounds like a good call to me.
Infact we may get banks hoping ovet the channel to get away from it. |
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If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: El Barbudo "I'm undecided on that.
The new tax would be 0.05%.
We already charge 0.5% stamp duty ... so the total would be 0.55% .
Can't see that would drive everyone overseas.'" I can because they area set of greedy ****'s and wouldn't want to pay any extra. |
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Freedom without Socialism is privilege and injustice.
Socialism without freedom is slavery and brutality.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1136.jpg |
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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.'"
From what I gather tax raised in the Euro zone would go to the Eurozone, tax raised in UK would go to UK Exchequer.
The UK is not joining the fiscal union. |
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Quote: Anakin Skywalker "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.'"
Over half of our trade goes with Europe, if they make laws we will have to fall in line with them otherwise we will not be allowed to sell our goods and services there as we will be breaking their laws but they wont be breaking our law.
Lets take an hypothetical example of a European rule being enacted limiting a mortgage to 3 times the salary of the people taking out the mortgage and requiring a 10% deposit.
Britain lets say has not signed up to this rule and says the free market should decide.
The other Europeans could therefore make it an offence for any banks with branches within the signatory countries from offering lets say 100% mortgages, even if those mortgages are only being sold in the UK.
The effect would then be that the big banks would then need to decide do they only trade in the UK market, and be able to continue to offer 100% mortgages, or do they trade across Europe and have restrictions placed upon them.
At this moment in time there is an example of a European treaty that Britain hasnt signed upto having an influence on the UK, and that is the Shengen agreement. Check out the Lille Loophole which makes our border checks completely redundant.
www.scotsman.com/news/uk/lille_l ... _1_1999897 |
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Quote: Anakin Skywalker "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.'"
Over half of our trade goes with Europe, if they make laws we will have to fall in line with them otherwise we will not be allowed to sell our goods and services there as we will be breaking their laws but they wont be breaking our law.
Lets take an hypothetical example of a European rule being enacted limiting a mortgage to 3 times the salary of the people taking out the mortgage and requiring a 10% deposit.
Britain lets say has not signed up to this rule and says the free market should decide.
The other Europeans could therefore make it an offence for any banks with branches within the signatory countries from offering lets say 100% mortgages, even if those mortgages are only being sold in the UK.
The effect would then be that the big banks would then need to decide do they only trade in the UK market, and be able to continue to offer 100% mortgages, or do they trade across Europe and have restrictions placed upon them.
At this moment in time there is an example of a European treaty that Britain hasnt signed upto having an influence on the UK, and that is the Shengen agreement. Check out the Lille Loophole which makes our border checks completely redundant.
www.scotsman.com/news/uk/lille_l ... _1_1999897 | |
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The older I get, the better I was
Advice is what we seek when we already know the answer - but wish we didn't
I'd rather have a full bottle in front of me than a full-frontal lobotomy
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kirkstaller wrote: "All DNA shows is that we have a common creator."
cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"
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"No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan:2051.jpg |
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If the banks and traders will all go "elsewhere", is this "elsewhere" the same "elsewhere" that all the top execs of footsie 100 companies will go to, if we don't continue letting them pay themselves what they want?
And if the banks do go "elsewhere", they'd better make sure they don't go to Hong Kong, Mombai, Johannesburg or any number of other financial centres where they already have a transaction tax.
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Quote: Mintball "That includes us.
Then again, there's the little case of Goldman Sachs managing to pass the accounts of Greece so that it could enter the euro on a false basis.
And the fact that the EU effectively enshrines neo-liberalism.
And the other – and not remotely unrelated – fact that Merkel and Sarkozy were certainly looking at applying rules that would, in effect, ban Keynesian economic solutions.
And the other point that without any (as far as I know) political interference from the UK on this score, countries are now putting unelected bankers in charge.'"
The EU's increasing liberalism, i wouldnt call it neo, certainly not in the American sense of the term, has been designed to open up traditionally nationalistic markets to fair trade.
It is however i agree having some unwelcome consequences. For example the NHS is seen by some in Europe as a state run monopoly that is hindering competition within the European medical services industry. Hence the pressure to privatise the NHS
www.politics.co.uk/comment-analy ... vatisation
The imposition of unelected commissioners to run Italy and Greece is of great concern to me. Its another reason why we need Britain as part of Europe rather than sitting on the sidelines. An influential Britain should be pushing for the democratisation of Europe, the UK unlike most of Europe has a long standing tradition of free speech.
When you consider that in the last 100 years Germany, Greece, Spain, Italy and all the former Eastern block states, have been under dictatorial rule, you do worry about how this affects national attitudes to understanding freedom, and democratically accountable public bodies. |
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Quote: Mintball "That includes us.
Then again, there's the little case of Goldman Sachs managing to pass the accounts of Greece so that it could enter the euro on a false basis.
And the fact that the EU effectively enshrines neo-liberalism.
And the other – and not remotely unrelated – fact that Merkel and Sarkozy were certainly looking at applying rules that would, in effect, ban Keynesian economic solutions.
And the other point that without any (as far as I know) political interference from the UK on this score, countries are now putting unelected bankers in charge.'"
The EU's increasing liberalism, i wouldnt call it neo, certainly not in the American sense of the term, has been designed to open up traditionally nationalistic markets to fair trade.
It is however i agree having some unwelcome consequences. For example the NHS is seen by some in Europe as a state run monopoly that is hindering competition within the European medical services industry. Hence the pressure to privatise the NHS
www.politics.co.uk/comment-analy ... vatisation
The imposition of unelected commissioners to run Italy and Greece is of great concern to me. Its another reason why we need Britain as part of Europe rather than sitting on the sidelines. An influential Britain should be pushing for the democratisation of Europe, the UK unlike most of Europe has a long standing tradition of free speech.
When you consider that in the last 100 years Germany, Greece, Spain, Italy and all the former Eastern block states, have been under dictatorial rule, you do worry about how this affects national attitudes to understanding freedom, and democratically accountable public bodies. | |
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| Rank | Posts | Team |
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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif |
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| Quote: The Chair Maker "Lets take an hypothetical example of a European rule being enacted
...
The other Europeans could therefore make it an offence ...'"
1. We are still a member of the EU last I heard
2. They don't make anything an offence (not that given half a chance they wouldn't like to rle.g.rl and, given the insidious creep into all areas of control, undoubtedly if not checked, eventually will) |
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| Player Coach | 14302 | No
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| Aug 2005 | 19 years | |
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If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: The Chair Maker "Over half of our trade goes with Europe, if they make laws we will have to fall in line with them otherwise we will not be allowed to sell our goods and services there as we will be breaking their laws but they wont be breaking our law.'" And if I have a vagina I would be a woman.
Quote: The Chair Maker "Lets take an hypothetical example of a European rule being enacted limiting a mortgage to 3 times the salary of the people taking out the mortgage and requiring a 10% deposit.
Britain lets say has not signed up to this rule and says the free market should decide.
The other Europeans could therefore make it an offence for any banks with branches within the signatory countries from offering lets say 100% mortgages, even if those mortgages are only being sold in the UK.
The effect would then be that the big banks would then need to decide do they only trade in the UK market, and be able to continue to offer 100% mortgages, or do they trade across Europe and have restrictions placed upon them.'" If my wife had a penis she would be a man.
Quote: The Chair Maker "At this moment in time there is an example of a European treaty that Britain hasnt signed upto having an influence on the UK, and that is the Shengen agreement. Check out the Lille Loophole which makes our border checks completely redundant.
France have an agreement with Belguim.
I wouldn't call it a loophole I would say it is someone not doing their job.
Still rather pointless in this discussion but hey,ho.
BTW Switzerland are not in the EU at all, they do have agreements with the EU that allow them trade agreements whilst keeping themselves soverign.
You don't have to be in the EU to trade and have agreements with them.
So this line that you have to be in the EU to trade with the EU is infact not true at all.
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| International Chairman | 12738 | No
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| Dec 2001 | 23 years | |
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| Quote: cod'ead "If the banks and traders will all go "elsewhere", is this "elsewhere" the same "elsewhere" that all the top execs of footsie 100 companies will go to, if we don't continue letting them pay themselves what they want?
And if the banks do go "elsewhere", they'd better make sure they don't go to Hong Kong, Mombai, Johannesburg or any number of other financial centres where they already have a transaction tax.'"
So hang on a minute your saying that that bastion of the free market Hong Kong has a financial transaction tax and hasnt fallen into the sea.
Surely it should have collapsed now into poverty with millions left without jobs as banks fled their guilded Skyscrapers, and moved on masse to the unregulated UK 
I see that Hong kongs economy is growing at over 7% despite this tax, and unemployment is only at 4%.
it also has public debt of just 0.001% of GDP |
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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif |
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The funniest part are the proposals for all countries' budgets to have to be submitted, approved or rejected by an organisation which is so systematically corrupt and financially inept that auditors have refused to sign off its own accounts for SIXTEEN YEARS on the spin, reckoning that 5% of the budget (and therefore several billion pounds) was mis-spent.
And yet, despite having the books comprehensively rejected since well into the last century, the EU simply fookin ignores the fact, and carries on regardless. Nobody has ever explained how or why that can be.
Yes, just the sort of people to tell us how to write our budget.
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Quote: Anakin Skywalker "
BTW Switzerland are not in the EU at all, they do have agreements with the EU that allow them trade agreements whilst keeping themselves soverign.
You don't have to be in the EU to trade and have agreements with them.
So this line that you have to be in the EU to trade with the EU is infact not true at all.'"
The Swiss do have agreements with the EU. Here they are
www.europa.admin.ch/themen/00500 ... ml?lang=en
and here is a blog that explains how the Swiss are effectively forced to adopt EU laws
citizen-europe.blogspot.com/2009 ... heads.html
They are therefore a sovereign state in name only |
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Quote: Anakin Skywalker "
BTW Switzerland are not in the EU at all, they do have agreements with the EU that allow them trade agreements whilst keeping themselves soverign.
You don't have to be in the EU to trade and have agreements with them.
So this line that you have to be in the EU to trade with the EU is infact not true at all.'"
The Swiss do have agreements with the EU. Here they are
www.europa.admin.ch/themen/00500 ... ml?lang=en
and here is a blog that explains how the Swiss are effectively forced to adopt EU laws
citizen-europe.blogspot.com/2009 ... heads.html
They are therefore a sovereign state in name only | |
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If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: The Chair Maker "The Swiss do have agreements with the EU. Here they are
Either way my point is that you CAN trade with the EU whilst outside the EU.
You can trade with the EU whilst not giving them millions of £££'s a week only for them to blow it on god knows what as FA states above.
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