What were the advantages in being in the EU?

Martini1991 · 26 Jun 2016 at 15:27

davewhite04 said:
We didn't have a say in the EU.

Yes, our MEP's were only in it for the tea and biscuits.

Martini1991 · 26 Jun 2016 at 15:28

davewhite04 said:
Correct. A plan has to be in place now that our government needs to decide who it gives citizenship to. The 77k immigrants without skills or jobs, or the NHS employees who we need.

We have an element of control.

Again, correct me if I'm wrong, we currently don't have the ability to deport, nor will we if we're accept free movement?

Six6siX · 26 Jun 2016 at 15:28

davewhite04 said:
We didn't have a say in the EU.

Don't start this again. We both know we did.

You're asking for the relative benefits and I'm giving them to you. Just because you may have felt we didn't have a proportionate representation as part of the EU doesn't mean we didn't have a say. Compared to an EEA arrangement, full EU membership is advantageous because we have input rather than nothing.

davewhite04 · 26 Jun 2016 at 15:35

Six6siX said:
We also know about the funding from the EU that goes into poorer areas of the country or helps with redevelopment grants and regeneration projects.

I never saw any evidence of this at all.

I'm extremely skeptical that the government will continue these ventures off it's own accord.

Yes. What this country needs is strong leadership that should now have a grasp on what the British people want, their agenda is to stay in power so it will be in their interest to listen very carefully to the voter and not an unelected broken system which is the EU. Heads will roll as these people literally have much less power.

davewhite04 · 26 Jun 2016 at 15:37

Martini1991 said:
Again, correct me if I'm wrong, we currently don't have the ability to deport, nor will we if we're accept free movement?

There will be no freedom of movement.

Destination · 26 Jun 2016 at 15:38

davewhite04 said:
I also have family, some elderly and I share none of your worries. The government state pension is safe. If they have private pensions, they will be backed by under writers.

Devon will probably(as it's one of the nicest places in England) have a boom in its holiday(can't think of correct word) business, which will be a big bonus to local small business and the council economy.

private pension will be worth considerably less at the moment, as they are linked to stock, and british companies based in britain took a fair pounding, some with most us sales did better, so it depends on the split.
What matters isnt friday, it is the next several months

davewhite04 · 26 Jun 2016 at 15:40

Six6siX said:
Don't start this again. We both know we did.

You're asking for the relative benefits and I'm giving them to you. Just because you may have felt we didn't have a proportionate representation as part of the EU doesn't mean we didn't have a say. Compared to an EEA arrangement, full EU membership is advantageous because we have input rather than nothing.

Let's stay on topic.

I'm derailing it too, so I'm half to blame

Nitefly · 26 Jun 2016 at 15:41

davewhite04 said:
How has this result affected you?

Err... It's kind of implied from my post - we will ultimately lose something that worked to benefit individuals and consumers.

On a personal level, it has already had an negative impact on the process of certain aspects of my working sector (deals being 'reconsidered'). I obviously can't comment further on that.

dowie · 26 Jun 2016 at 15:41

Hikari Kisugi said:
private pension will be worth considerably less at the moment, as they are linked to stock, and british companies based in britain took a fair pounding, some with most us sales did better, so it depends on the split.
What matters isnt friday, it is the next several months

the FTSE dropped a bit and then rose a bit... pretty meaningless short term speculation so far

Martini1991 · 26 Jun 2016 at 15:42

davewhite04 said:
There will be no freedom of movement.

Based on?

Six6siX · 26 Jun 2016 at 15:43

davewhite04 said:
I never saw any evidence of this at all.

Yes. What this country needs is strong leadership that should now have a grasp on what the British people want, their agenda is to stay in power so it will be in their interest to listen very carefully to the voter and not an unelected broken system which is the EU. Heads will roll as these people literally have much less power.

There are a few from way back such as the IRA bombing in Manchester. EU funding was a significant portion of the resource used to rebuild.

There's also the recent letters from various councils around the country (Wales, Cornwall, Yorkshire) requesting assurances that EU funds will be guaranteed post-exit.

EU funding was used to build a new university in Wales to encourage growth.

To name a few. Problem is they weren't widely publicised and/or taken for granted. Now these sort projects will need to be funded directly by our own government and I honestly can't see that level of investment happening any time soon.

davewhite04 · 26 Jun 2016 at 15:45

Hikari Kisugi said:
private pension will be worth considerably less at the moment, as they are linked to stock, and british companies based in britain took a fair pounding, some with most us sales did better, so it depends on the split.
What matters isnt friday, it is the next several months

I have three private pensions. 1 worth peanuts, I took it out when I was 17 because it was free, but I suppose its worth £1700 now! My second is formalised with Legal and General(who took a hit on Friday but recovered very fast), and is guaranteed to rise with inflation, it's in the bag basically as my company changed pension providers. Standard Life, also took a hit but my pension is safe as I've confirmed it. Pensions all have under writers.

The coming months I predict will be worse for EU countries than the UK, shout at me then if I'm wrong

Destination · 26 Jun 2016 at 15:48

Explain how your stock based pension is guarenteed to rise with inflation?
Is it a pension fund, or an actual pension?

What product is it specifically?

dowie · 26 Jun 2016 at 15:53

this is well worth watching:

davewhite04 · 26 Jun 2016 at 15:55

Six6siX said:
There are a few from way back such as the IRA bombing in Manchester. EU funding was a significant portion of the resource used to rebuild.

There's also the recent letters from various councils around the country (Wales, Cornwall, Yorkshire) requesting assurances that EU funds will be guaranteed post-exit.

EU funding was used to build a new university in Wales to encourage growth.

To name a few. Problem is they weren't widely publicised and/or taken for granted. Now these sort projects will need to be funded directly by our own government and I honestly can't see that level of investment happening any time soon.

I understand what you are saying. But the EU has been stalling on buying the Steel plant in Wales for months, so there was a very real possibility it wouldn't of gone through, in fact people had lost hope. Maybe we should sell steel elsewhere, maybe the billionaire owner needs to be patient as it is quite obvious that steel is a highly sort after commodity.

I don't see Cornwall, Yorkshire as poor to be honest. I'm not being biased, but the poverty in the North East is shocking, now that is a poor area.

Manchester bombing, how our own government didn't have the money I don't know, they did for 7/7.

flowrider99 · 26 Jun 2016 at 15:55

.......

davewhite04 · 26 Jun 2016 at 15:57

Hikari Kisugi said:
Explain how your stock based pension is guarenteed to rise with inflation?
Is it a pension fund, or an actual pension?

What product is it specifically?

The contributions to the pension have been stopped. A final figure has been given, with a guarantee of an increase that falls in line with inflation.

flowrider99 · 26 Jun 2016 at 16:04

davewhite04 said:
The contributions to the pension have been stopped. A final figure has been given, with a guarantee of an increase that falls in line with inflation.

Doesn't that mean that once an annuity is purchased it will rise with inflation but until then the value of the stock will rise and fall with he market?.

Six6siX · 26 Jun 2016 at 16:10

davewhite04 said:
I understand what you are saying. But the EU has been stalling on buying the Steel plant in Wales for months, so there was a very real possibility it wouldn't of gone through, in fact people had lost hope. Maybe we should sell steel elsewhere, maybe the billionaire owner needs to be patient as it is quite obvious that steel is a highly sort after commodity.

I don't see Cornwall, Yorkshire as poor to be honest. I'm not being biased, but the poverty in the North East is shocking, now that is a poor area.

Manchester bombing, how our own government didn't have the money I don't know, they did for 7/7.

The steel thing is quite a strange one because our own government decided to favour Chinese import over home grown. In fact, that's something the EU was investigating as a cause for damaging local business. I have a friend who used to work for Tata up in Scunthorpe and that was a bit of a kick in the teeth really. For that reason, it seems a little backward to me because even if the industry was doing badly, there was a buyer (albeit slow moving) and the issue was at home rather than with the EU. I'm getting the impression that a lot of the blame is misplaced hence the 'protest vote'.

I'm from Sheffield originally and it's not particularly 'poor' but there are certainly areas within and in the surrounding boroughs which are and there are issues. I don't doubt that the NE is any different - from what you say, it's possibly worse. The thing is, that's where the EU funding was being used - our own government being as London-centric as it is, despite the whole 'Northern Power House' talk, has never really engaged these areas. Cornwall is well known and advertised as being the poorest area in the country.

davewhite04 · 26 Jun 2016 at 16:18

flowrider99 said:
Doesn't that mean that once an annuity is purchased it will rise with inflation but until then the value of the stock will rise and fall with he market?.

No is the short answer. But let's get back on topic.