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EU Politics - Hamsterwheel

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EU Politics - Hamsterwheel

Old 19th Jun 2012, 09:24
  #1561 (permalink)  
 
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I was idly scrolling through the table in this link to see who looked to be the G20 nation on the shoogliest peg. I didn't expect the result to be so clear cut.

BBC News - G20 summit: Leaders alarmed over eurozone crisis
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Old 19th Jun 2012, 09:29
  #1562 (permalink)  
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Its all going along just swimingly well...isn't it?
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Old 19th Jun 2012, 13:24
  #1563 (permalink)  
KAG
 
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Stabbed in the back? Well, that's what it seems...

If French President Francois Hollande‘s government slaps a 75% income tax rate on those earning over €1 million a year, then Britain would be very happy to take those people in, U.K. Prime Minister David Cameron said Monday in a comment that may put some French noses out of joint.



If French President Francois Hollande‘s government slaps a 75% income tax rate on those earning over €1 million a year, then Britain would be very happy to take those people in, U.K. Prime Minister David Cameron said Monday in a comment that may put some French noses out of joint.

Mr. Cameron knows a thing or two about the controversial issue of taxing the rich after his government’s decision in March to lower its top rate of income tax to 45% from 50% on incomes over £150,000 drew strong criticism from unions and the main centre-left opposition party. But his view was warmly received by the audience at an event for business people on the fringes of a summit of Group of 20 leaders in Mexico Monday.

“Every country sets its own tax rates, but I think in a world of global capital, in a world where we’re competing with each other, in a world where we want to send a message that we want you to build businesses, grow businesses and invest, I think it’s wrong to have completely uncompetitive top rates of tax,” he said when asked by one businessman in the audience what he thought of the plans of one European government to lower the pension age to 60 and introduce a 75% tax rate for top earners.

“If the French go ahead with a 75% top rate of tax we will roll out the red carpet and welcome more French businesses to Britain and they will pay taxes in Britain and that will pay for our health service, and our schools and everything else,” Mr. Cameron said to a round of applause.

On the pension issue, Mr. Cameron said his government believed in combining pension provision with a rise in the retirement age that is linked to longevity. He also warned that a cut in the pension age in one euro-zone country could have consequences for fiscal transfers to other euro member states in problems.

“It does make it quite difficult to ask one set of taxpayers to subsidise a different set of retirement ages,” he said.
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Old 19th Jun 2012, 15:33
  #1564 (permalink)  
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An interesting little comment on Sky News this morning, interesting seeing that they are normally not so frank....


G-20 leaders are avoiding having pictures taken in front of the extremely luxurious resort they are staying in in Mexico as its considered this would be provocative to the millions of people in their countries who are being told to take their belt in a notch and save money.....
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Old 19th Jun 2012, 16:37
  #1565 (permalink)  
 
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Just seen a report that says that the EU has passed an "amendment" which scraps the use of credit ratings.

Maybe that means all of us can get a loan now, but I guess it means that countries like Spain, Greece, Italy, etc, can now get bailouts at more favourable terms than the reality of their finances say they can..........
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Old 19th Jun 2012, 18:12
  #1566 (permalink)  
 
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erm, I am well and truly against us remaining in, for sure!

What this country was last asked about by means of a vote was joining the old EEC. The fundamental principle of the European Union is a good one, close neighbours all working and trading together to a common aim. I dont remember us agreeing to paying the vast sums of money that we do, I dont remember us agreeing to our farmers being limited to what they can grow, I dont remember the UK voters agreeing to Spanish fishing vessels clearing out our waters. I certainly dont think the populous thought that the European legal system was better than ours. Yet it has supremecy over our courts, don't believe me, ask Abu Qatada, he thinks the idea is great!!!

For those that think we cant survive without the EU, I beg to differ. The swiss have remained out whilst maintaining good relations with the rest of Europe. So can we!!!

At the risk of sounding like a clone of Nigel Farage, there are many hundreds of thousands of corners of Europe that will be "forever Britain" in the name of preventing the UK and the other free peoples of Europe being governed by unelected representatives for whom thier own personal gain is the primary factor in what they do.

The old joke is correct, the last person that entered a political arena with honourable intentions was one Guido Fawkes!!!
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Old 19th Jun 2012, 18:57
  #1567 (permalink)  
 
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The European Union is in fact three distinct and different bodies:

The European Parliament - in theory voted in by the people, something like 16% of eligible voters. Bunch of wankers actually, but not accountable to anybody. Have no power to propose legislation, can only react to proposals from the Commission. Also well known for being 'compensated' the full Y fare when they actually flew Squeezy or Cryanair.

The European Commission - 27 wankers nominated by each of the Member States. Pretty well anonymous, although each hankers for power. They also have no allegiance to whatever MS appointed them. They've got a president too. Good old 'what's his name'. Full marks for any Ppruner that can name more than four of these guys. Cannot move regulations, can only propose it.

The European Council - In fact the 27 member states. Representatives, who are cabinet level wankers, actually vary by subject matter, in theory, but you often will see (for example) a competition law guy acting on transport issues, because most of the agenda is competition stuff. Can't propose legislation, but can make threatening murmurs if budget proposals exceed a 5% increase.

Before anything can be done all three must agree - the mother of all compromises!

So a toothless, and irrelevant, parliament following like lap dogs the unfocused and self-serving commission who in turn pretend to listen to their masters - those guys that appointed them.

As a first step I would get rid of the wankers. All of them. That would improve the functioning 1000% (perhaps I exaggerate). If that not possible get rid of the commission, as they are the biggest wankers. They are completely unnecessary (why can't the council or the parliament propose regulations?). Perhaps if the people saw that Parliament had teeth they might actually go and vote.

I also propose that no one be elected to parliament (i.e. seat left empty) if the turnout for a particular riding is less than 40% (increasing 1% a year for the next 30).

Oh, ya, did I mention that we should get rid of the wankers?

Last edited by ExXB; 19th Jun 2012 at 18:58.
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Old 20th Jun 2012, 10:42
  #1568 (permalink)  
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Old 20th Jun 2012, 11:42
  #1569 (permalink)  
 
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ha d a conversation with a banking guy i know in the far east, for all intents and purposes they are working with the principle that the euro is 'done'.
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Old 20th Jun 2012, 13:45
  #1570 (permalink)  
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ExXB: Just to agree with you.

I used to work for a large inter-govermental organisation involved in space: research and exploitation. This organisation was and is answerable to a Council of Ministers, representative of the Member States ("Countries") who belonged to the organisation, who would both agree on projects and vote funds to enable them to be completed. Having done that, often at a Ministerial Conference, they would leave us alone for the next four or five or ten years - such projects take time - until the mission took place. This procedure happens over and over again and works faultlessly, and has done for 40 years (I joined in 1968) because we knew what we were working towards and for when, and that funds were there.

Contrast that with when we did a project for the European Commission or Parliament or Council or whatever.......as they have no technological advisors (yes, really) no firm targets, no idea of what was to be achieved, much arguing about who would pay for what, about where work was to be carried out ("share of the pie") or where control centres would be (likewise), then releasing money in tranches with later amounts to be approved later...and then of course, later - much much later - bitter complaints about projects not being completed on time.

Oh and yes, "consultation".

Do you know what most managers and staff think consultation is ?

"We will be consulted and our opinions weighted seriously and taken into account".

Do you know what members of the august bodies to which you refer think consultation means ?

"We will mention to you what we plan to do and no matter what your opinions on the matter are, we will push ahead with our ideas regardless."

Grrrrr.

Last edited by OFSO; 20th Jun 2012 at 14:10.
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Old 20th Jun 2012, 15:07
  #1571 (permalink)  
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Eating popcorn

So funny to observe, here we go again, many forecasting the end of EU, telling how much it is a disaster, everybody forecasting the end of Euro when they already forgot (memory troubles?) Euro is not in recession while UK is (remember your own posts last year, Eurozone was to be dead by now)...

Some of you are completely disconnected, and all the false statements and predictions some of you have been doing right here for years won't bring you back to earth I guess.

Well, at least now we know, there are 2 different worlds for some of you apparently, the virtual one right here, and the real one...

Wake up call from the front desk: EU is expanding and improving, Eurozone is improving, becoming more integrated everyday, is here to stay, and no sign from Greece for a departure anytime soon...
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Old 20th Jun 2012, 16:22
  #1572 (permalink)  
 
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Originally Posted by KAG View Post
Some of you are completely disconnected
Pot, kettle, black........

Originally Posted by KAG View Post
EU is expanding and improving, Eurozone is improving
Soup kitchens in Greece, 50% youth unemployment in Spain, Southern Europe in recession, French economy stalled, riots, toppled governments, bust banks, half finished property developments.......

Yes, I can see the EU & Eurozone are really going places.......
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Old 20th Jun 2012, 16:38
  #1573 (permalink)  
 
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ExXB




KAG,
Some of you are completely disconnected
Like people living and working in China..

AndyS,
Yes, I can see the EU & Eurozone are really going places.......
Yep. To hell in a handcart.
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Old 20th Jun 2012, 17:04
  #1574 (permalink)  
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Eurozone is improving,

My dear KAG: walk through my local town in Spain, see how many businesses are closed, ask local people how much worse situation is now from last year, then walk through my local town in England and make a comparison. Then ask local people businessmen in Spain do they think the euro was good for them ?

Then you tell me the Eurozone is improving. What kind of fantasy land are you living in !
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Old 20th Jun 2012, 17:11
  #1575 (permalink)  
 
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Euro is not in recession while UK is
Again, KAG, the Eurozone is NOT a country in it's own right like the UK is. Therefore, to make any proper comparison, you have to compare the UK to each member of the Eurozone individually.

So, Spain? Recession. Greece? Recession. Ireland? Recession. Netherlands? Recession. France? Stagnation heading towards recession. Portugal? Recession. Italy? Recession. Slovenia? Recession.

Basically, EIGHT countries in the Eurozone are in recession. Others have stagnated and that means that less than 50% of Eurozone countries are experiencing any sort of "growth" as the entire Eurozone economy contracts, with even the economic powerhouse called Germany suffering what is, effectively, 0% growth (as in, less than 0.5% economic growth).

Now, nobody has tried to say that the UK is in somehow a good economic state, the champagne socialists who ran the country from 1997 - 2010 made sure that wasn't going to happen, but to try and say that things are "healthy" in the Eurozone is the forum equivalent of sticking your fingers in your ears and going "LALALALALA" as the economic state of the Eurozone is far from "healthy".


When the next figures regarding "growth", etc, come out we'll see how much further things have dropped. In all honesty, it's bloody worrying for those of us who live in the Eurozone as all it needs is ONE country to have a proper run on it's banks and EVERYONE in the Eurozone will be hurt badly. Of course, if those in charge had actually done something 2 years ago when it became clear how bad things were we wouldn't be in this situation, but they didn't, their ideology and arrogance and blind faith in a "project" that was flawed from the start put paid to that. And now all of us who live in the Eurozone will be paying the price for years to come.
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Old 20th Jun 2012, 18:06
  #1576 (permalink)  
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How do I get some of what ever it is KAG is taking??????
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Old 20th Jun 2012, 19:38
  #1577 (permalink)  
 
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He's probably been on the Shaojiu.
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Old 21st Jun 2012, 07:26
  #1578 (permalink)  
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Fareastdriver:
He's probably been on the Shaojiu.
No thanks.
No smoke, nor alcool for me.
However for some posters here not able to admit what's going on, who have no shame to keep teaching everybody their amazing theories concerning EU and Eurozone while their prediction have not stopped being biased during all this time makes me wonder how much alcool they use.

And hellsbrink who keeps explaining everybody who wants to hear him that UK being in recession is the proof everything is fine outside of Eurozone, a real paradise out there will never stop to amaze and amuse me.

In fact the biggest problem for some posters is that Eurozone is still here.

More integrated everyday, willing to and actually improving, with a list of new novation, rules, decisions concerning budget, ECB, economical policies so long that it would be boring to write all them down here.

Eurozone is alive, well alive.

And as I said, I don't excpect you to come back to reality, even less to say you were not really right.
It doesn't change the fact that it doesn't happen the way you siad it, Eurozone is still here.
Greece is not leaving.
EU is not exploding.
Error is human.

Since the begining of the crisis in 2008, UK (the only main European country outside Eurozone, so the perfect choice to compare) has lost more GDP than Eurozone, and got more debts than Eurozone.
Time to help each other because the unbalance between Asia and the west plus the oil crisis we are in won't be solved with useless argues and blind blaming.


SOPS, you have missed 2 years of thread, not easy to understand what's going on, when so many forgotten comments have been made, when even some had to change username several times...
Good luck to you anyway!
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Old 21st Jun 2012, 08:34
  #1579 (permalink)  
 
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Originally Posted by KAG View Post
However for some posters here not able to admit what's going on
Pot, kettle, black.......

Originally Posted by KAG View Post
Since the begining of the crisis in 2008, UK (the only main European country outside Eurozone, so the perfect choice to compare) has lost more GDP than Eurozone, and got more debts than Eurozone.
Is that because the UK is outside the Eurozone? Or because the last government were criminally incompetent in their handling of the british economy??
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Old 21st Jun 2012, 09:11
  #1580 (permalink)  
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KAG....not posting on a thread does not equal not reading and following a thread. Dont assume things you dont know.
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