dont bank on it,,

[biff]

watching little nick snub david was far from pleasent and spoke volumes for the supposed united front of europe. you would wonder what exactly was going on to cause such bad manners but then it became clear that both germany and france were demanding that their regulators have a look at the london bankers books to see if they had as much money as they said they did.of course they dont but they can get a promise of money if the country is being run properly and a promise of money is almost as good as the money so long as you dont ask for the money.
 every country works on an overdraft,so i was told, but when that overdraft is called in or forclosed things can get very difficult and services and everyday running costs have to be cut back to the bone.for david to allow the eu regulators to inspect the books would be the end of the tory party.our enda kenny(taoiseach) was sitting quietly along with david for a while and i am sure their conversation must have been unique.enda would have explained to david that no matter what,,come hell or high water,that he would stand by their friendship,i mean after all, the uk is our biggest customer but enda was inside and david was outside and david would be thinking that little nick would be pushing their harriers off the french aircraftcarriers into the sea before the day was done.he would have taken a long cool look at enda and figured he had made the right decision because all he had heard from enda lately sounded so much like the beggars on o,connell bridge.there was a joke doing the rounds during the queens visit here.appearently our mary mac,,our president apologied to the queen for making such a mess of the place since we took it back with the war of independance and asked her to consider maybe letting us rejoin the union.. and the queen answered,,"god no mary love,,sure we are up to the eyeballs in bother of our own",
 at the moment,the bankers are eating up ireland alive,recieverships and lending houses are like the wolves and jackels,targeting good companies along with the bad companies.there is no end in sight.this will continue untill there is nothing left but the bare bones and when that happenes we will realise that the bankers still have to be paid,they will never get enough. with this in mind,cameron certainly jumped the right way.enda,s mumbling would have left him in no doubt that the last thing that britain needed was a visit from the imf and those suits who landed in dublin a couple of years ago and went around putting price tags on the buildings.
   sadly, the problem is coming from the top,a select group of powerfull global bankers can dictate the flow of money in either diretion at their discression and if they choose to cut of the flow to any country which offends them, then that country will have serious financial difficulties,they have "standard and poor" and "moodys"rating agencies in their pockets (these same agencies gave all the big american finance house a clean bill of health even after they were discovered to be hooking the books)and use these tools to soften any resistance to their attacks,the staff in these agencies flow between the top banks and the said agencies and colusion and conspiricies are rife. the global financial crash origionated in america which is the base for these faceless bankers who are destroying countries for political gain.
    i dont think anyone could forsee the arab spring or could estimate how far it will travel or could forsee the russian implosion.the desire to whack iran is so great that bankers will stop at nothing.america hold the key,,"the opening of the west and how the west was won" then "the grapes of wrath" made america great,but at the cost of robbing the poor of their farms and livelyhood and making them work for nothing. this time they seem to be saying "how the east was won" their bankers need to be robbing some other poor unfortunates because the amerian ones are already broke.iran has oil,,and the question is,,could these bankers push hard enough to repeat the mistakes of iraq.?? and the answer is,,,,,,,,  most definatly,  YES !!
 

[Contadino]

Most people around here (who, admittedly don't have much time for either Europe or politics) think that the UK left the EU this week. 

[martin]

I think that effectively, we did.........
So we'll be becoming the 51st state instead...............

from today's Independent -

[Richard Owen]

I think that effectively, we did.........
So we'll be becoming the 51st state instead...............

Don't think so.

We're important to the US because we were a pro-US voice at the European table.

I suspect Angela might just have moved about Shiny Dave in the State Department's Rolodex.

[martin]

I sincerely hope you're right, the thought of becoming even closer to the US is frankly utterly repellant!

[rt29781]

Hmm I can only hope that Scotland manages to shake off the bankers (london City) before I move back there.  Certainly my French friends are appalled at Cameron's slavish work for the American Bankers.  It is a shame that so many people in England fought and died for a united Europe only to have it snatched away from them by a set of greedy bankers.  Cameron's selfish act will leave England poorer as UK business is shunned by Europe.

[Contadino]

I sincerely hope you're right, the thought of becoming even closer to the US is frankly utterly repellant!

And the thought of moving further away from your biggest (by far) customer isn't a little worrying...?

[martin]

I have at times been close to suggesting that we should sever diplomatic relations with a totally amoral state that indulges in judicial killings, immoral and illegal wars, populated by fundamentalist religious loonies trying to ferment the end times in the middle east, that gets us to help to spread the evils of it's multinationals worldwide to the extreme detriment of the environment...

[biff]

i posted my sunday sermon (for want of a better description),not to create division among fellow navitronians but to make people aware that it is not about political differences but rather a disease in banking that eats into goverment mindsets and convinces them that they cannot survive without their advice which when you think of should be worthless when one sees the mess they made of themselves in each and every country.
 cameron was right,!! he was under pressure and being squeezed and he could always come back the following day and get a better deal.
 make no mistake,, if he had gone along with it and the  then he would always be considered a fool and an idiot.he can still come back to the table any tiime.i am sure that enda must envy him.he had the balls to tell them to stuff it.
                                                                                                      biff

[Contadino]

British exports to the Eurozone dwarf exports to the US.

I think that Cameron's "No" will (or at least 'should' if the rating agencies were impartial) lead to credit downgrades for the UK, which will mean all the cuts there are in vain. Bond yields will rise, and you'll end up paying more in interest than you've saved through cuts.

[martin]

I think this is more complex than many will try to paint it - for years I was very "anti-europe", but have fairly recently come to accept that somehow we must find a place for ourselves within the European community, if for no other reason than it's infinitely preferable to getting closer to the US.
I fear that the anti-europeans will gain sway and force our divorce from Europe as a result of recent happenings, and I worry about the outcome - as for the bankers, we should shoot the bally lot of them....

[Quakered]

Hmm I can only hope that Scotland manages to shake off the bankers (london City) before I move back there.  Certainly my French friends are appalled at Cameron's slavish work for the American Bankers.  It is a shame that so many people in England fought and died for a united Europe only to have it snatched away from them by a set of greedy bankers.  Cameron's selfish act will leave England poorer as UK business is shunned by Europe.

Have I missed something? I thought the UK banking crisis was caused by the Royal Bank of SCOTLAND and the Halifax Bank of SCOTLAND both with HQs in Edinburgh which I a pretty certain is not part of London..... I fear the French see everything they don't like as an American plot. Could you explain to your French friends that we might have acted out of self interest as I am sure this is something the French could understand! In short we were just acting like Frenchmen!

I think Boris Johnson made the most relevant comment when he said Europe was busy trying to save the cancer rather than the patient.

The other quote I like is Britain is isolated in the same way the passenger who refused to board the Titanic was isolated.

The noise about the veto hides the fact that Europe has still taken no action to "save" the euro. Promising to change the rules so the rest of Europe acts like Germans sometime in the near future (3 to 5 years?) is not likely to calm the current panic. We still live in scary times.....

[Contadino]

I'm sure that there are many factors at play, but there are direct impacts. In the run up to the launch of the Euro, I was involved with a merger between a French company and a British one. The UK's decision to not join was directly cited as the reason that that particular deal turned into an acquisition. In the 2001-2005 period, I saw several major deals (i.e. worth £10's of millions) go to Eurozone companies in preference to British ones.

So behind the scenes, I'm sure things like sharing natural resources or insight into bank's health, but for the UK to keep Europe "at arm's length" directly costs UK jobs and prosperity.  For a government who claims to put the economy before everything else to rebuke the countries largest market is negligent, regardless of what Eurosceptics feel.

[Amy]

I think that effectively, we did.........
So we'll be becoming the 51st state instead...............

Ive been away for a while, and ive just been reminded why its been a while too long 

Martin, ive missed your incisive wit   

[biff]

welcome home amy,,
              i love the tan,,,
                                       biff