Is it time we left the EU

Discussion in 'Current Affairs, News and Analysis' started by re-stilly, Sep 28, 2011.

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  1. What wit the Greece Meltdown and now a tax being implemented from Brussels, are we in serious danger of being swallowed in to a never ending call to bail out shite countries. Also if a tax is to be raised surely the Sovereign State should do this not Brussels

    New financial tax

    EU Strongest Challenge
  2. But it won't be the banks paying that will it. It'll be us, via the banks, as if they would pay anything without it being charged to the customer first.
  3. Is it time to leave the EU?


    In terms of trade etc. there are benefits to membership, HOWEVER.....

    We need to get a grip. It is fine for trade, but a political United States of Europe is where it is headed and is wrong. We should get out of any political/legal/etc. agreements and focus financially on trade benefits.

    Easier said than done - possibly impossible to achieve given the Lisbon treaty etc. Or just do what the French do, only implement what they want and f*** the rest of Europe if they don't like it.
    • Like Like x 1
  4. Oh very YES, unless we follow the Frog system of membership and ignore the rules we dont like.
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  5. Yes!

    We should then become the 51st State of the Union and have an influx of Puerto Rican chicas to get rid of those eastern European whores with the 1980s shoulderpads and 'big hair'.
  6. I was involved in the intro of the euro way back when at one of the big Foreign Exchange banks. We thought it would fail then and I am surprised it has taken this long.

    I expected the Italians to bail out first.

    One of the consultants we employed was ex US Army - he was a former derivatives trader and made a packet in the 80's - it was his view that the euro would tank in eventually. His simple point was that economic conditions in a place like southern Italy would never be the same as Northern Germany and that the euro was erroneously based on the fundamentals of the US dollar, so for example if you are unemployed in Nevada - you can readily re-locate to find work in California.

    This is not the case with the euro.

    That was before basket case economies like Greece (Malta etc etc) lied their way in to the currency by putting up fraudulent public accounts.

    IIRC, we had contingency plans to back it out back then - just apply some fixed cross rates and junk the thing. Good money making opportunity for the traders.

    If I was involved in the negotiations, I would be demanding real assurance, like Greek government property as collateral. “I will cover your debt until you pay it back, ( not write it off) albeit at a huge interest rate to cover my risk, but I will now own your parliamentary building until you clear your debt – you can still use it, but I will charge rent of USD 1mm for you to do so, or I will turn it into a Hooters franchise…I would also like all your naval vessels at scrap value to cover my risk, you may also rent these or I’ll sell ’em for scrap to the Chinese”.

    Frankly, I'd then convert their parliament building into a casino/ nightclub/ Hooters complex with hoards of russian hookers and Romanian pickpockets for the Chinese.

    I am uncomfortable with debt write offs, especially for a feckless nation like Greece – sod ‘em, make ‘em squeal and then their grandchildren will suffer the consequences of their largesse.

    “Grandpa, why are all the schools, trains and buses owned by German banks ….. because I p*ssed your inheritance up against the wall with my pension provision, that’s why son”.

    Osborne should be popping smoke and screaming "driver reverse" down the intercom - get the feck out and now. Let the lazy, overpaid europeans sort their own socialist mess out.
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  7. Brussels is deluded and unworkable. I for one don't think we will have to leave the EU because I believe that the current model will bust apart in the next 18 months. Big thanks to Greece there (credit to Italy, Spain and Portugal. Rep of Ireland are trying really hard to do the right thing IMO)

    I believe in free trade and a Euro trading zone - the rest of the EU infrastructure is as corrupt and disfunctional as any "political" body in the world today. How we can lecture Russia and China on their style of democracy when we are members of such a Soviet system ourselves is beyond me.

    It's all going to go very very wrong:(

    The Euros
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  8. Of course the worry is if the Germans, who are bankrolling much of the bail outs, decide they want more for their money! Lebensraum anyone?

    Seriously though, how much more of it will the German voting public take?
  9. I think that it's long past the time when we should have left the EU. I don't think that it will ever happen, because Cameron and the other gutless wonders in the Conservative party are too scared of the Limp Dim Eurofanatics.
    • Like Like x 1
  10. Boldnotold

    Boldnotold LE Book Reviewer

    I rather think it won't happen because too many MPs, MEPs and Party Apparatchiks of all colours are making too much money out of it.
    • Like Like x 5
  11. That's true as well!
  12. Some reasons why we should start to get tough.

    FACTBOX-Five areas of Greek budget waste | Reuters

    All Greek public and private sector workers get 14 salaries a year, a structure aimed at keeping basic monthly salaries, and the pensions that are based on them, low.

    Half a month's extra salary is paid at Easter and another half during the summer. The 14th salary is paid to civil servants at Christmas when the whole economy is geared to consuming it; taxis, restaurants and hairdressers are legally allowed to charge extra as "a Christmas present".

    The state owns 74 companies, mainly utilities and transport firms, many of which are overstaffed and loss-making, the OECD says. The main rail company employs about 9,000 people and reported losses of 800 million euros in 2008.

    OK, it's from the Mail bu WTF

    Incredibly, the average salary on Greece’s railways is £60,000, which includes cleaners and track workers - treble the earnings of the average private sector employee here

    Read more: The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste | Mail Online

    And some of these lazy Greek feckers RETIRE at 50 on 95% of their last salary !!!!!
  13. From what i am hearing from friends etc not much more
  14. terroratthepicnic

    terroratthepicnic LE Reviewer Book Reviewer
    1. ARRSE Runners

    I think we should pull out. I see no reason to stay in. Anything we do sell to europe could easily be sold elsewhere, it's not as if Europe is the only place to trade.

    The way the Euro is going, I can see them forcing the UK to help pay for their downfall. So I say, pull out now and watch Europe collapse, then step in and turn Europe into an area we control and we have the final say. if they don't like it, then they can stay in the gutter and learn to live without trading with their neighbours.