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The EU: In, out, shake it all about.... (31 Viewers)

  • Thread starter jimmyhillsfanclub
  • Start date Jun 8, 2016
Forums New posts

As of right now, how are thinking of voting? In or out

  • Remain

    Votes: 23 37.1%
  • Leave

    Votes: 35 56.5%
  • Undecided

    Votes: 3 4.8%
  • Not registered or not intention to vote

    Votes: 1 1.6%

  • Total voters
    62
  • Poll closed Jun 15, 2016.
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Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,336
martcov said:
No. Some still think the evil EU is dictating it’s will to the poor Italians. I have said all along that they are voluntarily in a monetary union and have agreed to it’s terms. Which, as you have just realised, means giving up a bit of sovereignty to be part of a multilateral agreement and to be subject to it’s rules.
Click to expand...

I haven’t just realised it I posted the same several weeks ago when I pointed out fiscal union in the EU exists which of course you’ve been trying to pretend does not
 

Mucca Mad Boys

Well-Known Member
  • Dec 18, 2018
  • #27,337
Grendel said:
The government will declare an intention to leave with no deal I would guess
Click to expand...

I respectfully disagree. Too many MPs who are Remainers, from all the parties to allow that to happen without a fight.

But, we'll have to wait and see.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,338
Grendel said:
I haven’t just realised it I posted the same several weeks ago when I pointed out fiscal union in the EU exists which of course you’ve been trying to pretend does not
Click to expand...

The only hint at a fiscal union is the minimum VAT rate, with exceptions, for which we had a veto, but didn’t use it as we were also for a minimum VAT rate. There is a monetary union for the Eurozone, which you confused with a fiscal union. And I certainly don’t remember you understanding pooled sovereignty in the past.
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,339
martcov said:
The only hint at a fiscal union is the minimum VAT rate, with exceptions, for which we had a veto, but didn’t use it as we were also for a minimum VAT rate. There is a monetary union for the Eurozone, which you confused with a fiscal union. And I certainly don’t remember you understanding pooled sovereignty in the past.
Click to expand...

Define fiscal for me
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,340
Grendel said:
Define fiscal for me
Click to expand...

https://www.quora.com/What-is-the-relationship-between-fiscal-union-and-monetary-union
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,341
martcov said:
https://www.quora.com/What-is-the-relationship-between-fiscal-union-and-monetary-union
Click to expand...

Sorry that’s really not answering the question but is typical deception.
Read out Keynes definition of fiscal policy and then can you post that on here?
 

Mucca Mad Boys

Well-Known Member
  • Dec 18, 2018
  • #27,342
Astute said:
How about going back to you saying about the government losing the vote when it is on lots of news outlets that they won't?

The Brexit deal that nobody likes? I have stated I don't know.

If May stalls enough until close to the leaving date they could have the choice of Mays deal or leave without a deal. Then which way would they vote?
Click to expand...

The current motion is against the PM, not Government. Personally, it's I think it's political posturing which won't lead to anything because the Tories will not want to look divided to the public and the implication of this motion winning is a process that leads to changing the PM. Hence, the Conservatives are rallying around their leader.

This picture becomes far more complicated if the Government loses a parliamentary vote on May's deal. This is because the country will be headed toward a no deal Brexit which MPs are opposed to. Despite people like Rees-Mogg saying they'll support the PM in this motion, it doesn't change that people like him will still vote against her deal. To quote Rees-Mogg from The Brexit Lectures (BBC iPlayer, 23rd June 2018) he said it's even worse to be 'vassal state' than a full member of the EU. I doubt that this fundamental schism can be mended, and if JRM actually backs this deal, it will be a monumental sell-out. In fact, I'd argue that May's deal isn't a real Brexit and frankly, Barry Gardiner lays it out better than I could in the linked article where he says it'd 'con' to the 52%.

If faced by a real prospect of a no deal, then it's conceivable pro-Remain Tory MPs would back a motion of no confidence in the Government.

Brexit means leaving the single market and the customs union. Here’s why | Barry Gardiner
 
W

westcountry_skyblue

Guest
  • Dec 18, 2018
  • #27,343
EU now squirming in the fact we go with no deal
No 39 billion and that will make other nations sit up and think,They hate the fact we may go without a deal.
Things will be fine with no deal life will go on
Be good to see the BBC wetting their pants when no deal happens!!!
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,344
westcountry_skyblue said:
EU now squirming in the fact we go with no deal
No 39 billion and that will make other nations sit up and think,They hate the fact we may go without a deal.
Things will be fine with no deal life will go on
Be good to see the BBC wetting their pants when no deal happens!!!
Click to expand...

The BBC is under attack for being pro Brexit. The 39bn will not go away. It will just mean years of litigation ( sound familiar? ). The 2 bn extra to the billions already approved/ spent on ‚no deal‘ will not come back.
 
Reactions: Sky Blue Pete
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,345
Grendel said:
Sorry that’s really not answering the question but is typical deception.
Read out Keynes definition of fiscal policy and then can you post that on here?
Click to expand...

Monetary policy vs. Fiscal policy
 
W

westcountry_skyblue

Guest
  • Dec 18, 2018
  • #27,346
martcov said:
The BBC is under attack for being pro Brexit. The 39bn will not go away. It will just mean years of litigation ( sound familiar? ). The 2 bn extra to the billions already approved/ spent on ‚no deal‘ will not come back.
Click to expand...
5% of the BBCs fee comes from the EU just watch the vote night and they are all squirming
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,347
westcountry_skyblue said:
5% of the BBCs fee comes from the EU just watch the vote night and they are all squirming
Click to expand...

You mean 95% comes from our government. I know who holds most sway.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,348
Grendel said:
Sorry that’s really not answering the question but is typical deception.
Read out Keynes definition of fiscal policy and then can you post that on here?
Click to expand...

Economic and Monetary Union of the European Union - Wikipedia
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,349
martcov said:
Economic and Monetary Union of the European Union - Wikipedia
Click to expand...

You are trying really hard but what is fiscal policy and the ability to influence as defined by Keynesian economics?
 
W

westcountry_skyblue

Guest
  • Dec 18, 2018
  • #27,350
martcov said:
You mean 95% comes from our government. I know who holds most sway.
Click to expand...
They will hate the fact 2 years down the line we will be performing well outside the EU
We don’t want an EU army we can cope alone without the Germans telling us what to do life will carry on we are doing ok at the moment and 52% is the result we got
no need for another vote.
We will be fine we’ve paid our share over the years
 
Reactions: Westendlad

Sky Blue Pete

Well-Known Member
  • Dec 18, 2018
  • #27,351
westcountry_skyblue said:
EU now squirming in the fact we go with no deal
No 39 billion and that will make other nations sit up and think,They hate the fact we may go without a deal.
Things will be fine with no deal life will go on
Be good to see the BBC wetting their pants when no deal happens!!!
Click to expand...
Why would no deal mean no £39bn
 
Reactions: martcov

Sky Blue Pete

Well-Known Member
  • Dec 18, 2018
  • #27,352
I don’t think we’ll get to see no deal but I’m not sure it’s worth the risk if we’re not sure West Country. How much of the Eu money do you think the government would have spent if not in the Eu?
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,353
westcountry_skyblue said:
They will hate the fact 2 years down the line we will be performing well outside the EU
We don’t want an EU army we can cope alone without the Germans telling us what to do life will carry on we are doing ok at the moment and 52% is the result we got
no need for another vote.
We will be fine we’ve paid our share over the years
Click to expand...

Good that you know that as all evidence points to the contrary.

As for the EU army, members have a veto on that and BoJo the Clown said that we would be a bulwark for European military cooperation.

Tell your bank manager that you are not paying your mortgage off because you’ve paid loads in in the past. Let me know how you get on.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,354
Grendel said:
You are trying really hard but what is fiscal policy and the ability to influence as defined by Keynesian economics?
Click to expand...

It is pretty obvious that you don’t or can’t accept the difference and I am Christmas Shopping.. so Google it yourself.. It is not difficult
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,355
martcov said:
It is pretty obvious that you don’t or can’t accept the difference and I am Christmas Shopping.. so Google it yourself.. It is not difficult
Click to expand...

Anyway I’ll help you. You have made a rather stupid assumption that fiscal = taxation strategy.

It does not. It’s using all the tools at its disposal to provide economic stimulus. This includes increase spending and borrowing to stimulate the market. Classic fiscal policy.

Fiscal policy that has been included in the Italian budget and rejected by Brussels.

I’m sorry if you couldn’t even see that then you really are a very dim chap
 

Captain Dart

Well-Known Member
  • Dec 18, 2018
  • #27,356
Back in the EU the Belgium government has just collapsed because they signed the UN compact on migration without the full agreement of all coalition partners.
 
Reactions: Sky Blue Pete

Sky Blue Pete

Well-Known Member
  • Dec 18, 2018
  • #27,357
Captain Dart said:
Back in the EU the Belgium government has just collapsed because they signed the UN compact on migration without the full agreement of all coalition partners.
Click to expand...
Is it the nazis and the fascists didn’t want to sign it?
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,358
Grendel said:
Anyway I’ll help you. You have made a rather stupid assumption that fiscal = taxation strategy.

It does not. It’s using all the tools at its disposal to provide economic stimulus. This includes increase spending and borrowing to stimulate the market. Classic fiscal policy.

Fiscal policy that has been included in the Italian budget and rejected by Brussels.

I’m sorry if you couldn’t even see that then you really are a very dim chap
Click to expand...

Fiscal policy is basically taxation and spending controlled by government. Monetary policy is interest rates and money supply controlled by the central bank. Italy is bound by the EMU which has monetary union in the title. Have the Italians been told to alter their tax system or told what to spend their money on? They are in a monetary union, but have to take a fiscal measure as they have exceeded their borrowing limit. They are not in a fiscal union though and can still set their own tax rates and propose their own budget within the limits agreed with the monetary union.
A fiscal union involves agreed taxation rates.
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,359
martcov said:
Fiscal policy is basically taxation and spending controlled by government. Monetary policy is interest rates and money supply controlled by the central bank. Italy is bound by the EMU which has monetary union in the title. Have the Italians been told to alter their tax system or told what to spend their money on? They are in a monetary union, but have to take a fiscal measure as they have exceeded their borrowing limit. They are not in a fiscal union though and can still set their own tax rates and propose their own budget within the limits agreed with the monetary union.
A fiscal union involves agreed taxation rates.
Click to expand...

So they can borrow as much as they want. Really?
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,360
Grendel said:
Anyway I’ll help you. You have made a rather stupid assumption that fiscal = taxation strategy.

It does not. It’s using all the tools at its disposal to provide economic stimulus. This includes increase spending and borrowing to stimulate the market. Classic fiscal policy.

Fiscal policy that has been included in the Italian budget and rejected by Brussels.

I’m sorry if you couldn’t even see that then you really are a very dim chap
Click to expand...

A fiscal Union is a taxation union. Italy is not in a taxation union.

An element of a fiscal union would help according to Bloomberg:

„Europe also needs elements of a fiscal union, to help countries that are experiencing an isolated economic shock. Mario Draghi, president of the European Central Bank, has supported the first idea and seems sympathetic to the second. But some euro-zone members fear such plans would lead to permanent fiscal transfers from north to south.“

Which suggests that we don’t yet have a fiscal union.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,361
Grendel said:
Do they can borrow as much as they want.
Click to expand...

No they cannot because of the ECB.
 

skybluetony176

Well-Known Member
  • Dec 18, 2018
  • #27,362
Grendel said:
You are trying really hard but what is fiscal policy and the ability to influence as defined by Keynesian economics?
Click to expand...

It’s pretty much what Corbyn is proposing if he gets in government and certainly not what the Tories have done since being in government.

I think Sickboy is onto something. You’re a closet Corbyn supporter.
 

Grendel

Well-Known Member
  • Dec 18, 2018
  • #27,363
martcov said:
No they cannot because of the ECB.
Click to expand...

You are all over the place
 

skybluetony176

Well-Known Member
  • Dec 18, 2018
  • #27,364
Grendel said:
So they can borrow as much as they want. Really?
Click to expand...

You do realise that Italy’s financial woes have been caused by decades of supercharged Keynesian economics? Low taxes and high government borrowing.
 
Reactions: martcov

Astute

Well-Known Member
  • Dec 18, 2018
  • #27,365
Mucca Mad Boys said:
The current motion is against the PM, not Government. Personally, it's I think it's political posturing which won't lead to anything because the Tories will not want to look divided to the public and the implication of this motion winning is a process that leads to changing the PM. Hence, the Conservatives are rallying around their leader.

This picture becomes far more complicated if the Government loses a parliamentary vote on May's deal. This is because the country will be headed toward a no deal Brexit which MPs are opposed to. Despite people like Rees-Mogg saying they'll support the PM in this motion, it doesn't change that people like him will still vote against her deal. To quote Rees-Mogg from The Brexit Lectures (BBC iPlayer, 23rd June 2018) he said it's even worse to be 'vassal state' than a full member of the EU. I doubt that this fundamental schism can be mended, and if JRM actually backs this deal, it will be a monumental sell-out. In fact, I'd argue that May's deal isn't a real Brexit and frankly, Barry Gardiner lays it out better than I could in the linked article where he says it'd 'con' to the 52%.

If faced by a real prospect of a no deal, then it's conceivable pro-Remain Tory MPs would back a motion of no confidence in the Government.

Brexit means leaving the single market and the customs union. Here’s why | Barry Gardiner
Click to expand...
The last motion was against the MP. And it was won by the PM.

The talk was against the government. Look back.
 

Astute

Well-Known Member
  • Dec 18, 2018
  • #27,366
martcov said:
The BBC is under attack for being pro Brexit. The 39bn will not go away. It will just mean years of litigation ( sound familiar? ). The 2 bn extra to the billions already approved/ spent on ‚no deal‘ will not come back.
Click to expand...
Absolute bollocks as usual.

The BBC is as pro remain as you could get. It is as bad as you for jumping on anything that can be seen as bad for the UK and defending the EU. Look at the readers comments. And even though it is fully pro EU the reader comments are not.
 

Astute

Well-Known Member
  • Dec 18, 2018
  • #27,367
Sky Blue Pete said:
Why would no deal mean no £39bn
Click to expand...
There is nothing in law to say we would have to pay. We have agreed a budget but that finishes just after we leave. We have also agreed to help fund the ECB. But most of that should come back.

We have agreed to pay 39b but only with a trade agreement. Without a trade agreement they would struggle to get much out of us. And even if they did it would take many years.

But I have a feeling the Tories would back down.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,368
Astute said:
Absolute bollocks as usual.

The BBC is as pro remain as you could get. It is as bad as you for jumping on anything that can be seen as bad for the UK and defending the EU. Look at the readers comments. And even though it is fully pro EU the reader comments are not.
Click to expand...

I don’t look at the reader‘s comments, but there is a huge thing going on about Andrew Neill connections to the Adam Smith Institue and also Newsnight and their dubious pro Brexit guests.


Astute said:
There is nothing in law to say we would have to pay. We have agreed a budget but that finishes just after we leave. We have also agreed to help fund the ECB. But most of that should come back.

We have agreed to pay 39b but only with a trade agreement. Without a trade agreement they would struggle to get much out of us. And even if they did it would take many years.

But I have a feeling the Tories would back down.
Click to expand...

What an amazing statement. Of course we have to pay what we owe. We are not donating money to the EU. We have agreed to meet all our legal obligations. If it’s a no deal, it will be done differently, but we have already agreed what we owe.
 
M

martcov

Well-Known Member
  • Dec 18, 2018
  • #27,369
Grendel said:
You are all over the place
Click to expand...

No. You don’t know the difference between a monetary union, the EMU, and a fiscal union. Policy is another subject.
 

Captain Dart

Well-Known Member
  • Dec 18, 2018
  • #27,370
Sky Blue Pete said:
Is it the nazis and the fascists didn’t want to sign it?
Click to expand...
The Australians didn't sign it.
 
Reactions: Sky Blue Pete
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