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Are we still a European force?



Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,683
The Fatherland
Sign up or dont , so he vetoed it.

The French and Germans also had special talks with us prior to the main talks. If it was as simple as you say, then why bother with all the extra time spent with Cameron?
 






BigGully

Well-known member
Sep 8, 2006
7,139
Do you have an explanation for his absolute attention to the square mile?

Did he not mention in his address to parliament of 100 000 jobs in Birmingham and 100 000 in Scotland.

I personally hope his decision was also associated to the whole undemocratic expense laden gravy train that is the current European model.
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,683
The Fatherland
Maybe, I'm sure the truth will eventually come out.

What's up with you today? Hung over? This is well below you usually rabid level of response.
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,683
The Fatherland
100 000 jobs in Birmingham and 100 000 in Scotland.

This was probably in the later public sector job losses section of his speech. Where the Tory backbenchers loudly whooping and cheering at the unemployment? If so then it was for sure.
 


User removed 4

New member
May 9, 2008
13,331
Haywards Heath
What's up with you today? Hung over? This is well below you usually rabid level of response.

Feel dreadful,got a bug or something so not hungover, but perhaps I do need to be less rabid , one of my closest friends( i was best man at his wedding ) has politics maybe even to the left of you ,thats the trouble with internet forums, you focus solely on the views/posts of the individual rather than the fact thas he is in all probability a nice bloke, but i suspect you find some of my more , er "vehement" assertions more fun ?
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,683
The Fatherland
Feel dreadful,got a bug or something so not hungover, but perhaps I do need to be less rabid , one of my closest friends( i was best man at his wedding ) has politics maybe even to the left of you ,thats the trouble with internet forums, you focus solely on the views/posts of the individual rather than the fact thas he is in all probability a nice bloke, but i suspect you find some of my more , er "vehement" assertions more fun ?

Are you going to tell me some of your best friends are black next :lol:

Oh dear. Get well soon. Shit time to be ill as well. You make an interesting point. You do get a rather distorted and amplified views of people if purely judged on their internet stuff. I'm not convinced people have proper alter-egos on here. But, traits certainly get ramped up.
 
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Chicken Runner61

We stand where we want!
May 20, 2007
4,609
Its got more to do with than 2008.

How about Bretton Woods, The Glass - Stegal Act, Nixon and the Gold Standard, The Big Bang and Hot Money to start!

It was those things that allowed deregulation that led to 2008 and is leading to 2012 - You can hide behind europe's failings if you wish but Europe is the addict and its the Dealers we need to act on.

Aside from Cameron's bunglings last week is a european crisis with no end in sight. The reasons we are not at the table are not going to solve or change the problems with Europe and its more evidence of politics getting in the way of a financial solution.

What we need is a balanced economy with a return to manufacturing and industry and not instead of our financial sector.

Consider this from a reporter who's name escapes me at the mo

Quote

"Did You All Notice How the UK Stayed Out of the Eurozone?
The Brits stayed out of the Eurozone compact entered into on 12/9/2011.

I don't think that the Tobin tax was the main reason for this British boycott but it was part of the reason. The main reason is that the City of London, the financial district that spawned hot money and a bubble mentality starting in 1986, leading to our repeal of Glass-Steagall, has to be bailed out of bad bets. The Euro would not have allowed these bailouts to the degree that the Bank of England would accommodate.

The City of London answers to the Queen of England, not the Parliament. The nickname of the place is the square mile. The concepts of feverish trading, leading to electronic trading was established there. So, a transaction tax could put a damper on the financial manipulation of markets that originated from this City of London and was so wonderfully adopted by Wall Street. The square mile is still the seat of speculation in the world. And the serfs, meaning the rest of us, pay a price for this speculation.

The speculators would not be interested in paying a price to the riff raff for the privilege of pumping your oil, stocks and foodstuffs to artificially high levels. Hence the refusal of the square mile casino to submit to the Eurozone."



I feel people need to take a world view of our economy rather than a polarised view based on local politics. Its all very well looking at part of the picture but in or out of Europe the future is looking bad for Britain in the short and long term unless we get growth next year.

Theres loads more I could point to in this but it would fill a book and whilst its enthralling to discuss I can't spare the time at present.
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,683
The Fatherland




paddy

New member
Feb 2, 2005
1,020
London
The EU Internal Market isn't my area of expertise (perhaps if directly related to Healthcare); however I've just spent a "few" minutes searching online and have come up with the following from the updated and re-issued Capital Requirements Directive (2006/48/EC) that was ipublished in June 2006.

Article 75 (Calculation of Requirements - Minimum Level of Own Funds) reads as follows:

"Without prejudice to Article 136, Member States shall require
credit institutions to provide own funds which are at all times
more than or equal to
the sum of the following capital
requirements:"

The Directive then goes on to list list various types of risk (eg credit, dilution, foreign exchange, commodity....) with the levels of funds required for each.
However, these are minimum requirements and the Directive clearly gives member states the flexibility to set a level above this if they so wish; hence it's whatever Parliament decided to pass into UK law that's the issue really; eg if the paragraph I've quoted wasn't included then we may have just the minimum levels applied? If so, this doesn't contradict the Directive in any way.

I'm not at expert either, but I understand the advice of the attorney general is that it does prevent the introduction of the capital buffer, and this is a position which is accepted by the Chairman of the European Parliament's economic and monetary affairs committee (albeit, she claims that it could be amended - Expect changes in EU capital directive, says MEP - FTAdviser.com).

In any event, it seems accepted by those who have time and expertise in these things that a 10% capital buffer is currently impermissible under the Directive, which was all I was seeking to make clear.
 


BigGully

Well-known member
Sep 8, 2006
7,139
This was probably in the later public sector job losses section of his speech. Where the Tory backbenchers loudly whooping and cheering at the unemployment? If so then it was for sure.

No this was his comment on one of the reason he chose to use his veto on the premise of protecting the UK's financial sector.
 


drew

Drew
NSC Patron
Oct 3, 2006
23,609
Burgess Hill
As I understand it, it was a non-negotiable clause, why on earth they chose this particular time for this particular fight I dont know.

Would appear that this wasn't the case, the treaty not even having been drafted. CMD now looking like he jumped the gun a bit!!!
 




User removed 4

New member
May 9, 2008
13,331
Haywards Heath
Would appear that this wasn't the case, the treaty not even having been drafted. CMD now looking like he jumped the gun a bit!!!
do me a favour, you know full well that they were not going to negotiate on this, and it would have certainly been in the as yet undrafted treaty, which looks like its under pressure already, with the czechs and hungarians making noises about pulling out of it.
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
36,014
i read that Ireland will have put any new treaty to a referendum, and its certain not to pass with the anti-euro sentiment and fact they'd lose alot of companies through unified corporation tax. the UK is still involved in the drafting as bascially whatever was discussed in the recent meeting will be completly re-written.
 


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