georgia_tech_swagger
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RE: May 7th: Judgement day for UK membership of EU?
(04-24-2015 04:59 PM)Tom in Lazybrook Wrote: (04-24-2015 07:36 AM)EverRespect Wrote: Nigel Farage on target to win: Poll puts him NINE points ahead of Tory rival
Ruh Roh
And if successful, we should congratulate Mr Farange and the UKIP in winning one of the 650 seats in Parliament.
In a first past the post system, getting 25% of the vote in a handpicked district doesn't really mean that much.
It means a lot when nobody gets past the post.
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04-24-2015 06:01 PM |
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Tom in Lazybrook
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RE: May 7th: Judgement day for UK membership of EU?
(04-24-2015 06:01 PM)georgia_tech_swagger Wrote: (04-24-2015 04:59 PM)Tom in Lazybrook Wrote: (04-24-2015 07:36 AM)EverRespect Wrote: Nigel Farage on target to win: Poll puts him NINE points ahead of Tory rival
Ruh Roh
And if successful, we should congratulate Mr Farange and the UKIP in winning one of the 650 seats in Parliament.
In a first past the post system, getting 25% of the vote in a handpicked district doesn't really mean that much.
It means a lot when nobody gets past the post.
Mr. Farage will not be in the next government. A government with him in would spook the UK business community, outrage many (the UKIP is seen as racist and homophobic), and would cause damage to the UK economy. You'd see another grand coalition before you'd see him invited to the table.
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04-24-2015 08:12 PM |
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georgia_tech_swagger
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RE: May 7th: Judgement day for UK membership of EU?
(04-24-2015 08:12 PM)Tom in Lazybrook Wrote: Mr. Farage will not be in the next government. A government with him in would spook the UK business community, outrage many (the UKIP is seen as racist and homophobic), and would cause damage to the UK economy. You'd see another grand coalition before you'd see him invited to the table.
You do know Farage *IS* the UK business community right? He has done work for some of the biggest banks in London. Most of his biggest donors are in the London financial sector.
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04-24-2015 08:49 PM |
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EverRespect
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RE: May 7th: Judgement day for UK membership of EU?
Scare tactics. The UK economy will go down the tubes without the EU. LOL. Their economy was leaps and bounds better before the EU.
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04-24-2015 08:57 PM |
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vandiver49
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RE: May 7th: Judgement day for UK membership of EU?
(04-24-2015 08:49 PM)georgia_tech_swagger Wrote: (04-24-2015 08:12 PM)Tom in Lazybrook Wrote: Mr. Farage will not be in the next government. A government with him in would spook the UK business community, outrage many (the UKIP is seen as racist and homophobic), and would cause damage to the UK economy. You'd see another grand coalition before you'd see him invited to the table.
You do know Farage *IS* the UK business community right? He has done work for some of the biggest banks in London. Most of his biggest donors are in the London financial sector.
True, and wanting immigration controls doesn't make one racist. But it seems that the media on both sides of the Atlantic are uninterested in that kind of nuanced discussion.
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04-25-2015 06:39 AM |
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Tom in Lazybrook
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RE: May 7th: Judgement day for UK membership of EU?
(04-24-2015 08:49 PM)georgia_tech_swagger Wrote: (04-24-2015 08:12 PM)Tom in Lazybrook Wrote: Mr. Farage will not be in the next government. A government with him in would spook the UK business community, outrage many (the UKIP is seen as racist and homophobic), and would cause damage to the UK economy. You'd see another grand coalition before you'd see him invited to the table.
You do know Farage *IS* the UK business community right? He has done work for some of the biggest banks in London. Most of his biggest donors are in the London financial sector.
Leaving the EU would have serious consequences across the UK. There would be a few that might win or be neutral, but many who would face all kinds of additional costs.
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04-25-2015 09:07 AM |
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VA49er
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RE: May 7th: Judgement day for UK membership of EU?
(04-25-2015 09:07 AM)Tom in Lazybrook Wrote: (04-24-2015 08:49 PM)georgia_tech_swagger Wrote: (04-24-2015 08:12 PM)Tom in Lazybrook Wrote: Mr. Farage will not be in the next government. A government with him in would spook the UK business community, outrage many (the UKIP is seen as racist and homophobic), and would cause damage to the UK economy. You'd see another grand coalition before you'd see him invited to the table.
You do know Farage *IS* the UK business community right? He has done work for some of the biggest banks in London. Most of his biggest donors are in the London financial sector.
Leaving the EU would have serious consequences across the UK. There would be a few that might win or be neutral, but many who would face all kinds of additional costs.
This won't be brought up until 2017 even if Cameron is reelected and then it will take some time to go through. However, the market never likes uncertainty so the most likely near term impacts may be,impacts on economic growth, capital deployment, and business plans, not to mention the pound and British bond markets. That's a lot to consider, but still a ways away and who knows what will occur between now and then.
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04-27-2015 01:00 PM |
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EverRespect
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RE: May 7th: Judgement day for UK membership of EU?
Again, when the EU was formed in 1993, the UK was the 2nd largest economy in the world. Now they are 5th and falling. You can't tell me that EU membership has been an economic positive or that leaving will be an economic negative. The realities just aren't on your side.
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04-27-2015 01:48 PM |
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VA49er
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 01:48 PM)EverRespect Wrote: Again, when the EU was formed in 1993, the UK was the 2nd largest economy in the world. Now they are 5th and falling. You can't tell me that EU membership has been an economic positive or that leaving will be an economic negative. The realities just aren't on your side.
I didn't think the EU was a good idea back when it was formed, so you're preaching to the choir. Withdrawel from the EU won't be without it's drawbacks thoguh, even if temporary. At least Britian was smart enough to not get involved with the single currency.
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04-27-2015 01:52 PM |
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EverRespect
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 01:52 PM)VA49er Wrote: (04-27-2015 01:48 PM)EverRespect Wrote: Again, when the EU was formed in 1993, the UK was the 2nd largest economy in the world. Now they are 5th and falling. You can't tell me that EU membership has been an economic positive or that leaving will be an economic negative. The realities just aren't on your side.
I didn't think the EU was a good idea back when it was formed, so you're preaching to the choir. Withdrawel from the EU won't be without it's drawbacks thoguh, even if temporary. At least Britian was smart enough to not get involved with the single currency.
Not seeing the drawbacks. The only sovereign that will suffer drawbacks to UK's departure will be Germany.
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04-27-2015 01:56 PM |
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VA49er
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 01:56 PM)EverRespect Wrote: (04-27-2015 01:52 PM)VA49er Wrote: (04-27-2015 01:48 PM)EverRespect Wrote: Again, when the EU was formed in 1993, the UK was the 2nd largest economy in the world. Now they are 5th and falling. You can't tell me that EU membership has been an economic positive or that leaving will be an economic negative. The realities just aren't on your side.
I didn't think the EU was a good idea back when it was formed, so you're preaching to the choir. Withdrawel from the EU won't be without it's drawbacks thoguh, even if temporary. At least Britian was smart enough to not get involved with the single currency.
Not seeing the drawbacks. The only sovereign that will suffer drawbacks to UK's departure will be Germany.
Talking short term drawbacks for Britian, the ones I listed above. Didn't say they were terrible drawbacks. I think it's crazy to want to have to deal with another country's dumbness like the EU is having to deal with Greece, etc. Much easier to take care of you own country and that means no EU.
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04-27-2015 02:47 PM |
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Tom in Lazybrook
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RE: May 7th: Judgement day for UK membership of EU?
Actually, leaving the EU in some fit of nativism would be a disaster for the UK.
Greater London, being a global alpha city, requires the ability to attract foreign workers. London has been a huge winner, overall, due to more lax immigration policies. An example...London is now the effective headquarters of Electricite de France's financial arm. And many other European trading and financial jobs have been located there. Adding another level of immigration headaches, and many of those companies will simply move to Zurich or Geneva (lower taxes in Switzerland). The UK, being an English speaking city with a strong financial center and open access to/from Europe, has a leg up on other European cities when it comes to high dollar jobs.
And for less wealthy UK citizens, leaving the EU would cause headaches as well. Higher prices (actually MUCH higher prices) will result because of higher wages. And for the millions of Brits that elect to live overseas...well that will engender more headaches.
A serious look at leaving the 'freedom of movement area' would fail at the polls (it would fail miserably) once people actually woke up to the implications of leaving the FOM zone.
The UK already maintains border controls within the EU (the UK is not part of Schengen). The Eastern European immigration keeps the population level growing rather than contracting.
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04-27-2015 03:36 PM |
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VA49er
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 03:36 PM)Tom in Lazybrook Wrote: Actually, leaving the EU in some fit of nativism would be a disaster for the UK.
Greater London, being a global alpha city, requires the ability to attract foreign workers. London has been a huge winner, overall, due to more lax immigration policies. An example...London is now the effective headquarters of Electricite de France's financial arm. And many other European trading and financial jobs have been located there. Adding another level of immigration headaches, and many of those companies will simply move to Zurich or Geneva (lower taxes in Switzerland). The UK, being an English speaking city with a strong financial center and open access to/from Europe, has a leg up on other European cities when it comes to high dollar jobs.
And for less wealthy UK citizens, leaving the EU would cause headaches as well. Higher prices (actually MUCH higher prices) will result because of higher wages. And for the millions of Brits that elect to live overseas...well that will engender more headaches.
A serious look at leaving the 'freedom of movement area' would fail at the polls (it would fail miserably) once people actually woke up to the implications of leaving the FOM zone.
The UK already maintains border controls within the EU (the UK is not part of Schengen). The Eastern European immigration keeps the population level growing rather than contracting.
I think "disaster" is probably a bit of a stretch. I mean, London's been around a long long time. The EU, not so long.
(This post was last modified: 04-27-2015 03:50 PM by VA49er.)
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04-27-2015 03:50 PM |
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Tom in Lazybrook
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 03:50 PM)VA49er Wrote: (04-27-2015 03:36 PM)Tom in Lazybrook Wrote: Actually, leaving the EU in some fit of nativism would be a disaster for the UK.
Greater London, being a global alpha city, requires the ability to attract foreign workers. London has been a huge winner, overall, due to more lax immigration policies. An example...London is now the effective headquarters of Electricite de France's financial arm. And many other European trading and financial jobs have been located there. Adding another level of immigration headaches, and many of those companies will simply move to Zurich or Geneva (lower taxes in Switzerland). The UK, being an English speaking city with a strong financial center and open access to/from Europe, has a leg up on other European cities when it comes to high dollar jobs.
And for less wealthy UK citizens, leaving the EU would cause headaches as well. Higher prices (actually MUCH higher prices) will result because of higher wages. And for the millions of Brits that elect to live overseas...well that will engender more headaches.
A serious look at leaving the 'freedom of movement area' would fail at the polls (it would fail miserably) once people actually woke up to the implications of leaving the FOM zone.
The UK already maintains border controls within the EU (the UK is not part of Schengen). The Eastern European immigration keeps the population level growing rather than contracting.
I think "disaster" is probably a bit of a stretch. I mean, London's been around a long long time. The EU, not so long.
We've seen this before....when a country basically tells its business community to screw off based upon ethnicity or origin....
Montreal 1976.
Montreal is still there. But it was a disaster there.
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04-27-2015 03:58 PM |
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EverRespect
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RE: May 7th: Judgement day for UK membership of EU?
(04-27-2015 03:36 PM)Tom in Lazybrook Wrote: Actually, leaving the EU in some fit of nativism would be a disaster for the UK.
Greater London, being a global alpha city, requires the ability to attract foreign workers. London has been a huge winner, overall, due to more lax immigration policies. An example...London is now the effective headquarters of Electricite de France's financial arm. And many other European trading and financial jobs have been located there. Adding another level of immigration headaches, and many of those companies will simply move to Zurich or Geneva (lower taxes in Switzerland). The UK, being an English speaking city with a strong financial center and open access to/from Europe, has a leg up on other European cities when it comes to high dollar jobs.
And for less wealthy UK citizens, leaving the EU would cause headaches as well. Higher prices (actually MUCH higher prices) will result because of higher wages. And for the millions of Brits that elect to live overseas...well that will engender more headaches.
A serious look at leaving the 'freedom of movement area' would fail at the polls (it would fail miserably) once people actually woke up to the implications of leaving the FOM zone.
The UK already maintains border controls within the EU (the UK is not part of Schengen). The Eastern European immigration keeps the population level growing rather than contracting.
Um... not really. They'll still have work permits and legal immigration. Won't stop anyone from hiring talent.
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04-27-2015 04:11 PM |
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