Today Britain votes on remaining part of the EU

[Blackjack200]

Yeah, this freedom thing. Who the hell wants that?

Fuck yeah.

 

[jackstar7]

Yeah, this freedom thing. Who the hell wants that?

Heh. Like they were conquered and annexed into the EU to begin with...

 

[sontakke]

This is like telling your boss to "f off; I am looking for a new job" and then wondering why you got fired. Or were you expecting the boss grovelling to you on his knee to keep you?

 

[agent00f]

Um.... this isn't over. To me it looks like the EU is now in a death spiral. Great Britain was one of the cornerstones of the EU. Lose France/Germany and the EU will spin completely out of existence. I would say the probability of complete dissolution of the EU is now at 50%.

This makes no sense given

1. People see the consequences of leaving the EU.
2. The EU will make an example of England regardless.
3. Not even the Leavers want to leave now.

This is like telling your boss to "f off; I am looking for a new job" and then wondering why you got fired. Or were you expecting the boss grovelling to you on his knee to keep you?

They're going to try coming back the next day, because "Fuck you I quit" isn't legally binding.

 

[sontakke]

But that is good enough reason for the Boss to fire you when you are an employee at will.

 

[agent00f]

Absolutely, that's why there's discussion right now if EU can force the issue since the Leavers are trying to take economies hostage by waffling.

---

The funniest shit would be if Boris Johnson became PM and announced he'll leave invoking Article 50 to the next guy.

 

[DigDog]

http://img-9gag-fun.9cache.com/photo/a9YPKOo_460sv.mp4

and i got to say, it's a real shame i cannot post this as a gif.

 

[RichUK]

England just lost to Iceland in the euros. I blame brexit.

 

[RichUK]

http://img-9gag-fun.9cache.com/photo/a9YPKOo_460sv.mp4

and i got to say, it's a real shame i cannot post this as a gif.

That would have been a more informative campaign ad, lol.

 

[justoh]

John Cleese voted to leave...

 

[RichUK]

My cynical view, Boris Johnson's move to the leave campaign was a strategic move to become PM because he had no clear path had he backed David Cameron on the remain campaign.

Our economy is fucked.

 

[shady28]

So much fear mongering here.

Britain pays the EU about 13 Billion GBP per year, ie ~ $19B USD, for membership after the EU rebates. Before rebates it's 20B GBP or ~ 30B USD.

The EU "returns" about 4.5 Billion GBP in subsidies and benefits primarily to farmers poorer areas.

So Britain is a net supporter of the EU to the tune of ~$8.5B GBP per year (or ~12B USD).

UK will emerge from Brexit just fine, it's Europe that's in trouble

The existing trade and defense ties explain why I think that the U.K. will have no trouble getting a deal it wants with the EU.

But the EU, and its future, is a much bigger worry. The union's leading tenors - Germany, France and Italy - have no idea what to do next, mostly because they are in a state of an intractable political disarray.

British trade can flourish without the shackles of Brussels

The EU is not a free trade area. It is a customs union with an average tariff wall of 3-4 per cent, a tariff on cars of 10 per cent and an average tariff on agricultural products of 18 per cent. This is not only (in the case of agriculture) morally indefensible. It is also bad economics.

 

[agent00f]

My cynical view, Boris Johnson's move to the leave campaign was a strategic move to become PM because he had no clear path had he backed David Cameron on the remain campaign.

It's obviously a power play, but they never had plans to win, in both figurative & literal sense: https://www.youtube.com/watch?v=HNe-yHr7uJc

They probably thought it was going to be a close Remain, which still gives Johnson a lot of popularity & leverage. A no-lose decision on his part. However he didn't expect Cameron to postpone actually invoking brexit, a brilliant poison pill for the PM position.

 

[dud]

So much fear mongering here.

Britain pays the EU about 13 Billion GBP per year, ie ~ $19B USD, for membership after the EU rebates. Before rebates it's 20B GBP or ~ 30B USD.

The EU "returns" about 4.5 Billion GBP in subsidies and benefits primarily to farmers poorer areas.

So Britain is a net supporter of the EU to the tune of ~$8.5B GBP per year (or ~12B USD).

UK will emerge from Brexit just fine, it's Europe that's in trouble





British trade can flourish without the shackles of Brussels

Sir, events have changed so much in the last 48 hours that your math is already OBE.

 

[flexy]

So much fear mongering here.
Britain pays the EU about 13 Billion GBP per year, ie ~ $19B USD, for membership after the EU rebates. Before rebates it's 20B GBP or ~ 30B USD.

The EU "returns" about 4.5 Billion GBP in subsidies and benefits primarily to farmers poorer areas.

The "returns" ALSO need to take into account the benefit of belonging to the common market. The UK imports, what, 60% of all its goods.

It is not as simple as looking at one graph, see a number what they pay and what they get in return. The entire picture must be seen.

It doesn't take rocket science to see that a nation who extremely depends on imports and WHO QUITS their biggest trade partner, the EU...will be in "some" trouble, to say it lightly.

 

[agent00f]

My cynical view, Boris Johnson's move to the leave campaign was a strategic move to become PM because he had no clear path had he backed David Cameron on the remain campaign.

Our economy is fucked.

It's obviously a power play, but they never had plans to win, in both figurative & literal sense: https://www.youtube.com/watch?v=HNe-yHr7uJc

They probably thought it was going to be a close Remain, which still gives Johnson a lot of popularity & leverage. A no-lose decision on his part. However he didn't expect Cameron to postpone actually invoking brexit, a brilliant poison pill for the PM position.

As further evidence of this: https://www.youtube.com/watch?v=26L2bONxWzQ

Apparently he even wrote op-eds for both positions, which shows how invested he is in the nation as opposed to which is more convenient for himself.

 

[Meghan54]

I just wonder if Nigel Farage is going to back up his words and push for another Brexit vote. Remember, Farage said "In a 52-48 referendum this would be unfinished business by a long way. If the remain campaign win two-thirds to one-third that ends it.”


So, I guess since Leave won 52-48, he'll be calling for the "unfinished business" to be concluded by calling for another national vote.

 

[Blackjack200]

Thunderf00t with a devastating take down of Brexit.

https://www.youtube.com/watch?v=9WY-tWsNKDY

 

[agent00f]

On a lighter note, choice quotes from the magnificent ICE-ENG today:

English fans are now googling what "knockout round" means

They are already petitioning for a rematch

The petition was actually created by an Icelander who thought they would lose

The england team cost 175 million.... now that we're out of europe, can we spend it on the NHS?

Sorry, Farage has just backtracked on that claim

Oh okay so that's what the premier league is like without immigrants. Cool.

Brexit 2 - England 0

Roy Hodgson, the only man in England with a coherent plan for leaving Europe.

I haven't been this ashamed of my home country in days

The 24 team format really dilutes the competition when trash teams like England make it

If Harry Kane was shooting then John Lennon would still be alive.

I feel like the world is laughing at us and Boris Johnson isn't even Prime Minister yet.

Thanks god the NHS just got 350Million extra in funding, they will need it for the burns!

English players are frantically searching "What does it mean to leave Euro 2016?" and "What is Euro 2016?".

I want to thank the Dutch, who sacrificed themselves so that Iceland could humiliate the English.

The EU sends its regards

 

[flexy]

Thunderf00t with a devastating take down of Brexit.

https://www.youtube.com/watch?v=9WY-tWsNKDY

Absolutely brill....(talking like my British friends now ), I really hope there is some way to solve this...don't even know an appropriate name...debacle.

 

[mikeymikec]

Fortunately, their vote was in a referendum, which is not legally binding. It's still up to Parliament whether or not they proceed forward. Perhaps the PM's announcement of his resignation was premature in this regard, but it would appear the people will need to elect a new Parliament who then would vote to invoke rule 50 or whatever it is, that allows Britain to leave the EU.

I don't think Cameron's position was in any way tenable. He decided to run with that promise, and considering how everyone was surprised that the tories got a majority, I think it's reasonable to assume that it tipped the election enough to give the tories a commanding majority.

There wasn't any need for him to make such a promise; the general opinion is that he did it because it was a potential vote-winner and he didn't expect he'd need to honour it because he thought the next government would be another coalition like its predecessor.

Even though he made a promise, he could have broken it. It wouldn't have been the first time, and if the tories didn't make any howling errors during their next term, it wouldn't have been enough to lose the election after. So, he kept to an idiotic promise. Furthermore, he didn't put in place any bar (besides >50%) for the leave vote to count, despite the fact that if 50.01% of voters say x, that's not any kind of useful majority, that simply tells you that the country is divided right down the middle and an immediate second snap-referendum without any prep might yield the opposite result by the same margin.

He also claimed that he would endorse the leave campaign if he couldn't get us a good deal in Brussels. Nothing noteworthy changed by any account of that deal, yet he then supported remain. It made no sense.

Then he completely arsed up the remain campaign. Week in, week out he kept coming out with these vague, dark warnings like "we'll be less safe"; absolutely nothing of substance. Basically the same old shit his government has been putting out pre referendum as to why they need to spy the living daylights out of us, or their fear-mongering about immigrants (I wonder if this point was a major nail in remain's coffin, the fact that the government could act so hypocritically). He even started comparing the campaign to WW2! I think it pissed people off as well as doing the remain campaign no favours.

What the remain campaign needed was a logical argument that didn't rely on constant fear-mongering. For once, the British government might point out that the UK is actually in a fairly reasonable state considering the recent recession, for example. There are plenty of things to be upbeat about, then just point out that the brexit campaign is not offering a plan or any specifics about the risks, potential complications or even what the specific rewards are and how those might affect the average citizen; that would be a bare minimum for a responsible leader to consider risking the livelihoods of millions who may not have completely recovered yet from the previous recession; just a lot of bluster and "Rule Britannia!", just like a lot of moronic brexit voters online. Like a Positive Mental Attitude alone is going to get us through this mess. I'm reminded of the stoner/surfer in 'Platoon': "You've got to think positive dude! Count backwards or something!".

IMHO the UK's biggest problem (and possibly for many other nations too) is that we don't have leaders, we have career politicians. Politicians learn the craft of manipulation and back scratching as they each try to scramble to the top in their hunger for power. They don't bring change unless it directly benefits them: They offer the illusion of change to us for everything else. They use the technique perfected by the Nazis of "your problems are caused by x" to avert the peoples' attention from the real problems to a convenient scapegoat: Preferably an on-going threat that is not possible to neutralise in any remotely civilised manner.

 

[Genx87]

Thunderf00t with a devastating take down of Brexit.

https://www.youtube.com/watch?v=9WY-tWsNKDY

I honestly dont see UK leaving after watching this video. After 3 months cooler heads will prevail. Parliament will not remove the UK from the EU.

What will happen is the EU will work on reform to address the grievances of people like the ones who want to leave.

It is also nice to see the United States isnt the only place where people vote on shit they dont fully understand. Luckily this is non-binding. But also shows the disastrous results of a direct democracy if it were. Like for instance all the idiocy that happens at the state level with referendums.

 

[Svnla]

Negative mortgage rate in Denmark because of the exit? - http://www.bloomberg.com/news/artic...tgage-rates-come-to-denmark-amid-brexit-shock

Rates are getting lower in the US too - https://www.nerdwallet.com/blog/mortgages/mortgage-rates-today-monday-june-27

Time to buy a house? Hummmm...

.

 

[sontakke]

can somebody explain me why negative mortgage rates are bad for the borrower?

 

[buckshot24]

Absolutely brill....(talking like my British friends now ), I really hope there is some way to solve this...don't even know an appropriate name...debacle.

Would thunderfoot complain about an oral surgery because there was swelling the next day or two? You can't accurately judge what the effects of this are going to be by the initial reactions.