Brexit

Clarice Feldman offers up a nice wrap of the Brexit. Here's a nice quote from the piece:

"The EU is like the Hotel California. Up to now voters across Europe have rejected the expansion of the original customs and trade treaty -- limited scope of the original European Economic Community (EEC) -- to no avail. In 1992 Denmark voted against the Maastricht Treaty and was made to vote again, In 2001 Ireland voted against the Nice Treaty and was made to vote again. In 2005 France voted against the EU Constitution and the vote was ignored. In that same year the Netherlands voted against the EU Constitution and, that, too, was ignored, In 2008 Ireland voted against the Lisbon Treaty and was made to vote again. In 2015 Greece voted against the EU bailout and that vote was ignored. The lesson to voters must have been obvious -- spend your life voting, or just lie back and think of Brussels -- until now."

http://www.americanthinker.com/articles/2016/06/on_brexit_just_call_me_cassandra.html#ixzz4CgJxzQYs


And true to form, we're seeing the demand to revote.

I think that you can take this article and replace EU with DC and it's at least 90% accurate. Ours could be an interesting election.

You do know the petition for another referendum was started by a leave campaigner? Of course you don't.
 
Yes, suddenly voting irregularities and fraud will be true...


:cool:

He'll end up stealing the election just like Bush did.

If leftists are going postal now what's going to happen if Trump wins the election?

Maybe we can do something like a prisoner exchange with another country for all the people who were "disenfranchised."

You can expect that word to be revived soon.
 
Herschel Walker is having event appearances cancelled over his endorsement of Trump because the hosts of these events fear an outbreak of violence and Mexican flags.

I don't think we need to wait for the conventions to begin drawing conclusions.
 
What might make it worse is if the mayors of the respective cities tell the cops to stand down while the hired wackos go on a rampage.

Not that something like that would ever happen...
 
Herschel Walker is having event appearances cancelled over his endorsement of Trump because the hosts of these events fear an outbreak of violence and Mexican flags.

I don't think we need to wait for the conventions to begin drawing conclusions.

A black man who doesn't support the Hildabeast?

They'll make him pay!
 
A black man who doesn't support the Hildabeast?

They'll make him pay!

Herschel Walker transcends politics.

You might recall Trump gave a 20 year old Herschel Walker four million dollars per year to ditch college and come play for his old USFL New Jersey Generals.

For sixteen million dollars, I think even an ideological purist like YOU would publicly support Trump.

#MoneyChangesEverything
 
It's an ill wind indeed that blows no one good.

one of my neighbors daughters has been accepted as a foreign exchange student. She'll be attending univ. in Aberdeen. He is currently buying all the pounds sterling he can afford.

Ishmael
 
77000 dodgy signatures out of three million. Not " millions of ‘signatures’ from people who do not exist."

Why do right wing blogs lie so much?

Almost all on-line polls have significant minorities of dodgy signatures, whatever the issue. Even paper petitions handed to our local council have fictional residents. If a petition is shoved under your nose it is easier to sign as J Doe than to tell the pollster to fuck off.

Edited to add: But 77,000 or even 150,000 dodgy signatures in a petition supported by millions doesn't make the strength of feeling invalid. Whether you discount 2%, 5% or even 10% of an online petition for fake identities, you are still left with a large number of genuine people - whatever the petition is.
 
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Almost all on-line polls have significant minorities of dodgy signatures, whatever the issue. Even paper petitions handed to our local council have fictional residents. If a petition is shoved under your nose it is easier to sign as J Doe than to tell the pollster to fuck off.

Edited to add: But 77,000 or even 150,000 dodgy signatures in a petition supported by millions doesn't make the strength of feeling invalid. Whether you discount 2%, 5% or even 10% of an online petition for fake identities, you are still left with a large number of genuine people - whatever the petition is.

Turned out to be hackers from 4chan and others
http://www.theregister.co.uk/2016/06/27/parliament_takes_axe_to_2nd_referendum_petition/

http://www.dailymail.co.uk/news/art...ang-scupper-EU-pull-17-million-voted-for.html

http://www.abc.net.au/news/2016-06-...rexit-petition-investigated-for-fraud/7548284

http://www.express.co.uk/news/uk/68...ition-FRAUD-sign-OUTSIDE-UK-brexit-signatures

http://heatst.com/uk/exclusive-brexit-2nd-referendum-petition-a-4-chan-prank-bbc-report-it-as-real/

http://www.dailymail.co.uk/news/art...-signatories-Vatican-City-population-840.html
 


Banking boss says firms preparing to leave UK before EU exit
Oct. 23, 2016
http://bigstory.ap.org/article/e162...ng-boss-says-firms-preparing-leave-uk-eu-exit

LONDON (AP) — The head of the British Bankers' Association has warned that financial firms are planning to start leaving London within weeks because of uncertainty about the U.K.'s exit from the European Union.

Chief executive Anthony Browne said in an article published Sunday that banks fear EU politicians will erect trade barriers with Britain in a bid to undermine the City of London, currently Europe's pre-eminent financial district. They also fear U.K.-based financial firms will lose the right to conduct business across the bloc.

Browne wrote in The Observer newspaper that bankers' "hands are quivering over the relocate button." He said "many smaller banks plan to start relocations before Christmas; bigger banks are expected to start in the first quarter of next year."

Browne said tariffs would hurt both Britain and the EU, but that economic arguments might lose out amid hardening political rhetoric from both sides.

He said national governments might "try to use the EU exit negotiations to build walls across the Channel to split Europe's integrated financial market in two, in order to force jobs from London."

Prime Minister Theresa May has repeatedly said that "Brexit means Brexit," suggesting her government is unwilling to compromise to keep Britain within the EU's single market.

British ministers have stressed the need for the country to control immigration — a conflict with the EU's principle of free movement. EU leaders have said ending free movement will make it impossible for the U.K. to stay in the single market.

The British government said in a statement that it was "keenly aware of the importance of the financial services sector to the U.K. economy." It said British officials "have the resources required to get the best deal for the U.K."

more...



 
Banking boss says firms preparing to leave UK before EU exit
Oct. 23, 2016
http://bigstory.ap.org/article/e162...ng-boss-says-firms-preparing-leave-uk-eu-exit

LONDON (AP) — The head of the British Bankers' Association has warned that financial firms are planning to start leaving London within weeks because of uncertainty about the U.K.'s exit from the European Union.

Chief executive Anthony Browne said in an article published Sunday that banks fear EU politicians will erect trade barriers with Britain in a bid to undermine the City of London, currently Europe's pre-eminent financial district. They also fear U.K.-based financial firms will lose the right to conduct business across the bloc.

Browne wrote in The Observer newspaper that bankers' "hands are quivering over the relocate button." He said "many smaller banks plan to start relocations before Christmas; bigger banks are expected to start in the first quarter of next year."

Browne said tariffs would hurt both Britain and the EU, but that economic arguments might lose out amid hardening political rhetoric from both sides.

He said national governments might "try to use the EU exit negotiations to build walls across the Channel to split Europe's integrated financial market in two, in order to force jobs from London."

Prime Minister Theresa May has repeatedly said that "Brexit means Brexit," suggesting her government is unwilling to compromise to keep Britain within the EU's single market.

British ministers have stressed the need for the country to control immigration — a conflict with the EU's principle of free movement. EU leaders have said ending free movement will make it impossible for the U.K. to stay in the single market.

The British government said in a statement that it was "keenly aware of the importance of the financial services sector to the U.K. economy." It said British officials "have the resources required to get the best deal for the U.K."

more...

Good riddance to the criminal bastards. Not that they'll leave anyway.
 
Another unanticipated BREXIT twist



Shell, BP Hold Lure of Higher Payouts After Brexit Hurts Pound

by Rakteem Katakey
October 12, 2016
http://www.bloomberg.com/news/artic...re-of-higher-payouts-after-brexit-hurts-pound

* Sterling’s slump means U.K. shareholders get more cash
* Dividend boost drives up Shell, BP’s London-listed shares


The British pound’s slump to a 30-year low is handing a windfall to U.K.-based shareholders of Royal Dutch Shell Plc and BP Plc.

The currency’s decline means the two oil companies are making higher payouts to U.K. investors when they distribute their dollar dividends in pounds. Shell and BP have pledged to prioritize defending their dividends through oil’s biggest downturn in a generation.

The companies have maintained their payouts for the past two years and shareholders who have stayed invested through crude’s slump are likely to get additional cash in the U.K. currency as the pound remains weak following Britain’s June 23 decision to exit the European Union. The potential for higher cash payouts is driving up the companies’ London-listed shares. U.S. investors get no benefit from the currency’s more than 17 percent slide against the dollar in the period, which makes the pound the worst performer among major currencies.

“In dollar terms the dividend has been flat, but in sterling terms the dividend is up quite a bit,” said Iain Armstrong, a London-based analyst at Brewin Dolphin Ltd., which owns shares in both Shell and BP. “It’s a fantastic time to be based in the U.K., being shareholders in these two companies and taking the additional cash.”

Third Quarter

Shell is scheduled to announce it’s third-quarter dividend in dollars on Nov. 1, before setting the pound exchange rate on Dec. 2 and making the payment on Dec. 16, according to its website. BP will announce the same day as Shell, convert to the U.K. currency in early December and pay on the same day as Shell.

The value of Shell’s 47 cents a share second-quarter dividend announced on July 28 has increased by about 8.6 percent from the almost 36 pence it was worth at that time to the equivalent of more than 38 pence. The value of BP’s 10 cents a share payout has also increased more than 8 percent in the period.

Shell is likely to pay about $15 billion in dividends this year, higher than last year’s $12 billion following the purchase of BG Group Plc in February, Chief Financial Officer Simon Henry said in June. BP has paid about $6 billion a year since 2012, according to Liberium Capital Ltd.

Christmas Present

Together with oil’s rise above $50 a barrel, the lure of extra cash has drawn investors to Shell and BP’s London-listed shares, Armstrong said. Shell’s B shares, the most widely traded, have increased 17 percent in London since the Brexit vote compared with a 5 percent gain for the company’s American depositary receipts in New York. BP’s London shares have surged 24 percent compared with a 9 percent gain for the U.S. stock.

Shares of European rival Total SA have increased 7 percent in Paris during the period. In New York, Exxon Mobil Corp. has dropped 2.2 percent while Chevron Corp. gained 1 percent.

About 41 percent of Shell’s B shares holders are based in Britain, according to data compiled by Bloomberg. BP has about 33 percent of its shareholders in Britain, according to the data.

“The sterling is the reason why dividend hunters paid in the British pound are actively interested in these companies,” said Jason Kenney, an Edinburgh-based analyst at Banco Santander SA. “It will be a Christmas present for U.K. dividend investors if the exchange rate remains the same.”


http://www.bloomberg.com/news/artic...re-of-higher-payouts-after-brexit-hurts-pound




 
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