Brexit

[lainiepop]

Yes we are out and already the remains are posting vitriol all over facebook. I wasn't strongly for or against what's done is done. Did u see one twitter post? First Bristain leaves the EU, next Donald TRumup is president  good luck America!!

[Michael Murphy]

Obviously Britan is exiting the EU.  But Trump winning?  During the primaries the news organizations focused on his outrageous statements very little time was spent looking at his past.  Now they are dissecting his actions in business over the last 40 years.  So every day a new horror story of greed and unethical practices is appearing in the news.  Last Harris poll had the Donald with a 70% disapproval rating.  Finally he has election math to overcome he will need Florida to win the election and I doubt he can over come the loathing for him in the Latino, Black, and female voters.

[iolaire]

Sorry UK folks.  Too me this is scary.  I believe that economic unity adds to stability.  On the plus side is table side plates of olive oil might come back (if it ever left in the UK) (somewhere I read the EU banned it as unsanitary or something).

[lainiepop]

Other EU countries are now wanting a referendum. I already knew France wanted out but apparently so do Spain and Greece. Our opinion poll showed remain would win.

[MooseMom]

Just some random things I've seen/heard in the past several hours:

1.  Fox News reported that Britain had voted to leave the UN.   

2.  Donald Trump is in Scotland promoting his golf complex reboot, and he congratulated Scotland on the Brexit vote and for taking their country back.  I guess he didn't know that Scotland had voted Remain.   

3.  It is "very likely" that Scotland will hold another referendum to leave Great Britain, thus making it a little less Great, I suppose.

4.  Sinn Fein is making noise. 

5.  Pundits are making the mistake of equating the EU with NAFTA.  NOT the same thing, not even close.

6.  We watched the entire election returns on the BBC, and the shock was palpable once it sunk in that Leave was going to win.

[Michael Murphy]

Google just announced that in Britan the biggest search today is ob what is the EU.  It looks like a lot of voters have know idea what they just did.

[kristina]

Google just announced that in Britan the biggest search today is ob what is the EU.  It looks like a lot of voters have know idea what they just did.

Strangely enough I agree and don't think any change has anything to do with the vote...
... it appears as if it was all "fixed up" beforehand and furthermore,
it does not even appear as if the vote makes any difference at all...
(I wish to know how come that people vote and at the same time their vote makes no difference at all...)
... I don't believe that "big business" is surprised and unprepared in any way
about the fact that Britain is voting to get out of the European Union... ?
"The whole thing" almost appears like a big "charade" and/or a "magic trick"...
... Sorry about my saying this, but I can't help thinking it ...
and I would like to find out and know what it all really means...?
Kristina.

[Michael Murphy]

Several things will change British goods will end up more expensive since the EU taxes outsiders at a higher rate, and imports will cost more  some money will be saved but more will also need to be spent.  Right now Britan is a English speaking member of EU that will no longer be true, work based on that premise will have to move probably to Ireland.  Plus the general level of confusion will cause companies to stop spending and hold on to their money. Any wat you look at it the British economy is in for a rough couple of years.

[kickingandscreaming]

And the markets are reeling on both sides of the pond.  Feels like the world is unraveling. And I think a big push will be made to conflate it all with Donald Trump's voting demographic.

(I wish to know how come that people vote and at the same time their vote makes no difference at all...)

There are a lot of people asking that same question and feeling very disenfranchised by the actions of the Oligarchs who are not paying any attention to the will of the people.  I think Brexit is coming from that impulse-- to revolt against this state of affairs.  Although the "elite" have been caught off guard, they will land on their feet--as always.  The regular folks will probably be harmed.

[Simon Dog]

I think Brexit is coming from that impulse-- to revolt against this state of affairs.  Although the "elite" have been caught off guard, they will land on their feet--as always.  The regular folks will probably be harmed.

I believe one of the requirement of EU membership is open borders to anyone legally present in any EU country.   I suspect the UK people got tired of "assimilating" people who moved to England, and then tried to establish their culture in England/London rather than join the English culture.

I am amused by the brokerage houses telling people to "no panic", "don't sell everything" and "stay the course" ..... no doubt while they use proprietary high speed trading algorithms to make money off all those they are advising to "stay the course".

I wonder what the outlook is for the English people who are working in other Eurpoean countries based on the right to legally work that is reciprocally extended to all EU member state citizens.

[lainiepop]

And the markets are reeling on both sides of the pond.  Feels like the world is unraveling. And I think a big push will be made to conflate it all with Donald Trump's voting demographic.

That comparison with Trump is present in our media, 'if Brexit can win, so can Trump, the people want change' etc etc.

I think Brexit is coming from that impulse-- to revolt against this state of affairs.  Although the "elite" have been caught off guard, they will land on their feet--as always.  The regular folks will probably be harmed.

I believe one of the requirement of EU membership is open borders to anyone legally present in any EU country.   I suspect the UK people got tired of "assimilating" people who moved to England, and then tried to establish their culture in England/London rather than join the English culture.

I believe you are correct to some extent with these thoughts.

Just some random things I've seen/heard in the past several hours:

1.  Fox News reported that Britain had voted to leave the UN.    

TBh I'm bored of it all in the press now! Apparently the EU want us gone asap lol!!

[MooseMom]

What incentive is there now for keeping the United Kingdom united?

Will Boris Johnson become the next PM?  Why is it going to take until October for the Tories to select a new party leader?

Let's see if Britain EVER triggers Article 50.  My bet is that the UK will take so long that, in effect, it will never really happen.  No EU member state can compel the UK to invoke Art. 50, so I suspect that the UK will drag its heels.

[Simon Dog]

Look at what happened in Ireland 2008 / 2009 with the Treaty of Lisbon.

The first vote had the incorrect result, so the powerbrokers "reeducated" the population and took a second vote in 2009 to get the correct result.   It is doubtful the Irish would have been given a second chance if the first vote had the correct outcome.

[lainiepop]

We assume Boris Johnson will likely be the new pm. It was a shock that Cameron resigned to be honest. Didn't expect him to do that, think it's pretty poor just as people voted out.
The Eu are pushing us to trigger article 50 asap, and Cameron declared during his resignation it is what the people want. I think it will happen sooner rather than later or our government will look ridiculous.
Regarding Scotland, I don't believe they'd fare well separated from us and Wales. Sturgeon already said to Eu Scotland want to stay to be told it doesn't work that way.

Can I move to the US and join u all?! My kids are desperate to live thete 😂

[kristina]

                                                          Article 50 says:
 “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements.”

                                 ... Could anyone please explain to me what it means ?

                                               Thank you from Kristina.

[Michael Murphy]

One thing else between 1.2 million and 2.4 million Britons live in other EU countries, they own businesses or retirement homes.  There is fear about Heath care and pensions, and being allowed to own property.  These are all currently provided by Britan being part of th EU.  And article 50 means any member state can pass a law and withdraw from the EU.

[Simon Dog]

I think the EU is doomed.

The EU powerbrokers are already talking about the need to make "investments" in states "harded hit" by the economic crisis, and we all know what the codeword "investment" means when used by a taxing authority.  How long are the "donor states" being told to make payments to "recipient states" going to tolerate it?   It's like a system of taxation in which the individual taxpayers (in this case, nations) are free to withdraw and stop paying the tax if they feel they are not getting as much from the system as they pay into it.

Alternatively, voters in competent nations could decide that is is their job to pay for the Greeks decision to pre-spend a vast amount of their future earnings through debt.

[lainiepop]

Michael over one million Brits live in America and they are obviously not part of Eu.

Simon dog I believe you are correct and other countries will follow our lead, mainly the ones propping up the others financially as you said. It doesn't work when some countries put everything in and others just take.

[KarenInWA]

Michael over one million Brits live in America and they are obviously not part of Eu.

Simon dog I believe you are correct and other countries will follow our lead, mainly the ones propping up the others financially as you said. It doesn't work when some countries put everything in and others just take.

Oh my, that does sound familiar. Here in the US, it is more so the blue state tax dollars that support the red states...

KarenInWA

[Simon Dog]

It doesn't work when some countries put everything in and others just take.

The chances of any of the PIIGS doing anything other than net taking in the forseeable future is slim.  In fact, the EU will be called to "invest" in these countries.

[iolaire]

2.  Donald Trump is in Scotland promoting his golf complex reboot, and he congratulated Scotland on the Brexit vote and for taking their country back.  I guess he didn't know that Scotland had voted Remain.   

The twitter response on that Trump tweet were very fun, your folks are quite wordy!

[kickingandscreaming]

The twitter response on that Trump tweet were very fun, your folks are quite wordy!

They're hilarious.  The Scots are very colorful in their use of language.  Not for the faint of heart. http://fusion.net/story/318640/delete-your-golf-course/

[kickingandscreaming]

Brexit according to Pooh:

https://www.quora.com/How-do-%E2%80%9CRemain%E2%80%9D-voters-feel-about-the-Brexit-result/answer/Mark-Clarke-10

WARNING: ADULT LANGUAGE AND THE F-WORD

"How did you vote?", asked Pooh

"Leave", said Piglet

"Oh, for p*ck's sake", said Pooh, "Why the p*ck did you do that?"

"Because if we leave, then we'll fix the NHS"

"We're not going to fix the NHS, Piglet, that was all bollocks. All the people who told you to vote Leave are the very same people who want to privatise the p*cking thing"

"Oh. But anyway there's also those bloody Heffalumps"

"Heffalumps?"

"Yes, the bloody Heffalumps who keep coming to live in the wood, there are too many"

"But they do things for us, Piglet, and voting Leave won't actually stop them coming anyway"

"Oh. But I just want to get back control of the wood"

"You p*cktard. You never had control of the wood, you're a p*cking piglet. You're just going to get even more p*cked over by different people"

"Oh. But why did you want to Remain?", asked Piglet

"I liked that everyone worked together, I felt safe"

"Is that all? You're probably still safe"

"I also fancied going to live in a different wood one day, and maybe if I had kids they would too, but now maybe we can't."

"Oh. But we'll have more honey to go around now...?"

"I'm afraid not, Piglet. We won't have to give away any honey, but there'll almost certainly be less to begin with"

"Oh. Well at least we've got rid of the pig-p*cker, I didn't like him"

"I can understand that, Piglet, but have you seen the next guy!? I have a feeling he'll be doing more than just oral"

"Oh my. But they were going to build a huge scary super-wood"

"They never actually said that, and even if there were going to be a huge super-wood, would you rather be part of it, playing with all your new friends, or just outside it with nobody paying you any attention?"

"Oh, I see what you mean. But ours used to be the most important wood of all the woods"

"That's true, Piglet, but that was well over a hundred p*cking years ago now, and none of us were alive. You really need to get your head out of your arse"

"But our grandparents won the big war to protect our wood, we need to make sure we keep it safe"

"Actually, that's a load of horse-shit. We won the big war to protect other people in other woods and to stop nationalist p*ckers killing people because they were different. It showed that we're safer if we all work together and stop thinking of each other as different"

"But the Heffalumps, I don't like them, they're not like us"

"p*ck my luck. Piglet, you're a p*cking Piglet and I'm a stuffed Bear. We're all different, that's what makes the wood a fun place to live. You like Kanga don't you? She's different"

"But Kanga's been here for ages and I like her food"

"Christ on a bike, Piglet, you are a p*cking cockwomble"

"Beer?" asked Piglet

"You're buying" said Pooh, "and I want pork scratchings"

"Oh my"

[MooseMom]

I'm curious to know what you all are thinking about Brexit these days, especially with a new PM and the recent ruling of the Supreme Court.

Do you think the court got it right by ruling that only Parliament has the right to initiate Brexit?

[kristina]

I'm curious to know what you all are thinking about Brexit these days, especially with a new PM and the recent ruling of the Supreme Court.

Do you think the court got it right by ruling that only Parliament has the right to initiate Brexit?

The court did of course not get it right!!! After all, Brexit was decided by a democratic vote initiated by the very same Parliament to give the people a democratic chance to decide and the people have decided to go for Brexit and it is very surprising that all of a sudden Parliament should have the right to initiate Brexit when Brexit was already decided by the people through a democratic vote ... Does all that make you dizzy now ? if yes, be assured, you are not alone !!!