If we vote for Brexit what happens

angrypirate

BarleyGB wrote: »

The 'deal' shows what little influence we have in the EU and what little hope there is for reform.

We're being dictated to by the majority of poor States that will never agree to rescind their rights for the transfer of access to our jobs, wealth and soverignty.

It will get worse with the accession of Turkey and other states. We're effectively giving away our children's future.

I think the "red card" from the deal shows just how undemocratic the EU is. So basically we now have a situation where 58% of countries disagree with a new law it is now supposedly able to force a review by the EU Council. Surely a new law should NEED a majority of the elected representatives to pass! Not a majority to delay it and force a review. CRAZY

Generali

BarleyGB wrote: »

Eastern European nations are creating their own voting blocs within the Union that gives them influence they would not otherwise have. This has led to Poland having an astronomical amount of EU funding to build roads, rail networks and infrastructure that puts our Victorian rubble to shame (one guess who pays for it).

I assume that you have some sort of link or are we supposed to accept your assertion?

CLAPTON

an interesting link for EU spending in 2013

in absolute terms it seems Poland gets the most although as percentage of GPD in comes 7th

http://ec.europa.eu/budget/mycountry/PL/index_en.cfm

Generali

BarleyGB wrote: »

The 'deal' shows what little influence we have in the EU and what little hope there is for reform.

We're being dictated to by the majority of poor States that will never agree to rescind their rights for the transfer of access to our jobs, wealth and soverignty.

It will get worse with the accession of Turkey and other states. We're effectively giving away our children's future.

It's interesting that everyone is slating the EU deal without referencing it.

For those that are interested to understand what the deal actually is rather than banging on about bloody foreigners it's here:

http://www.consilium.europa.eu/en/press/press-releases/2016/02/02-letter-tusk-proposal-new-settlement-uk/

I think the thing that should, but won't, assuage the hate of the 'out of the EU at any cost' group (as opposed to the doubters) is:

On sovereignty, the proposed Decision of the Heads recognises that in light of the United Kingdom's special situation under the Treaties, it is not committed to further political integration. It also reinforces respect for subsidiarity, and I propose that the Member States discontinue the consideration of a draft legislative act where a number of national parliaments object to it on the grounds of subsidiarity, unless the concerns raised can be accommodated. The importance of respecting the opt-out regime of Protocols 21 and 22, as well as national security responsibilities is also underlined.

(My emphasis underlined).

TBH I, as someone that is pro the EU, had a problem with 'ever closer union' as stated in the Treaty of Rome. This clause seems to resolve that and seems to guarantee opt outs in perpetuity. As long as Labour don't beggur it all up by signing the UK in to deals that the Tories kept the UK out of again then all should be well.

Tromking

Generali wrote: »

It's interesting that everyone is slating the EU deal without referencing it.

For those that are interested to understand what the deal actually is rather than banging on about bloody foreigners it's here:

http://www.consilium.europa.eu/en/press/press-releases/2016/02/02-letter-tusk-proposal-new-settlement-uk/

I think the thing that should, but won't, assuage the hate of the 'out of the EU at any cost' group (as opposed to the doubters) is:



(My emphasis underlined).

TBH I, as someone that is pro the EU, had a problem with 'ever closer union' as stated in the Treaty of Rome. This clause seems to resolve that and seems to guarantee opt outs in perpetuity. As long as Labour don't beggur it all up by signing the UK in to deals that the Tories kept the UK out of again then all should be well.

Generali.
Was moving yourself and your family to Australia an example of you being "pro Eu" ?

setmefree2

Brexit could slash sterling by 20%, warns Goldman Sachs

http://www.theguardian.com/business/2016/feb/04/brexit--slash-sterling-20-warns-goldman-sachs

kabayiri

Generali wrote: »

...
TBH I, as someone that is pro the EU, had a problem with 'ever closer union' as stated in the Treaty of Rome. This clause seems to resolve that and seems to guarantee opt outs in perpetuity. As long as Labour don't beggur it all up by signing the UK in to deals that the Tories kept the UK out of again then all should be well.

Essentially then it comes down to a question of trust.

Do we trust this or future UK governments to defend what people perceive to be important national issues.

Do we trust the EU to act in the interests of UK in what we perceive is a balanced fashion.

The contents of the deal are just proposals by the way. They could undergo scrutiny from EU officials for a period of 18 months. They are neither fixed or guaranteed...
...does this remind anybody of a certain 'Vow' from the Scottish indy ref?

setmefree2

Brexit and the Potential to Break Sterling

http://www.prnewswire.com/news-releases/brexit-and-the-potential-to-break-sterling-567630651.html

setmefree2

Moody’s warns Brexit would be bad for UK credit rating

She repeated warnings by the credit rating agency that leaving the EU would be bad for Britain’s economy and currency, potentially hampering inward investment needed to plug the current account deficit and leading to a rating downgrade.
“If there was a vote to leave the EU, we might assign a negative outlook to the rating and use that time (12-18 months) to assess the economic prospects before deciding on the rating,” Muehlbronner said.
“That might not be long enough to have perfect clarity on policies and arrangements that are put in place, but it should be relatively clear what direction the UK economy is taking.”
Moody’s and rival ratings agency Fitch Ratings each cut Britain by one notch from the highest triple-A grade in 2013 because of the government’s failure to reduce the budget deficit as quickly as planned.
Standard & Poor’s, which still rates Britain as AAA, said in October that the rating could be cut by as much as two notches if it left the EU, which the country joined in 1973.

Others, such as economists at French bank Societe Generale, haven’t been so cautious. They estimate that Brexit would knock a “very significant” 0.5-1.0 percentage points on average per annum off UK economic growth over a decade.

http://in-cyprus.com/moodys-warns-brexit-would-be-bad-for-uk-credit-rating/

angrypirate

setmefree2 wrote: »

http://www.theguardian.com/business/2016/feb/04/brexit--slash-sterling-20-warns-goldman-sachs

US pro EU bank warns that Sterling could crash in the event of Brexit.

Interestingly they are forecasting, based on us staying in the EU, that in the next twelve months we'll be down against the dollar ($1.4) and up against the Euro (to 1.47). This forecast suggests to me they think the Eurozone is going to struggle in the next 12 months anyway.

Setmefree - do you ever say anything or just regurgitate pro-EU headlines / articles?