It's always been run by the people with the money, that will never change.
I think unless we're given the majority of power over regulation of all the european banks, like Germany appear to want/have the Mr Cameron made a pretty savvy move today.
Euro talks, what are the implications?
- Thread starter Brookert
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It's always been run by the people with the money, that will never change.
I think unless we're given the majority of power over regulation of all the european banks, like Germany appear to want/have the Mr Cameron made a pretty savvy move today.
Or more precisely the sub prime morgage "fraud" was the straw that broke the camels back...
Yeah... Something like that... Boom and bust was around long before we became a financial capital...
Was it not in fact in part to much (inefficient) regulation that was one of the causes of this problem in the first place...?
No they are trying to save a pipe dream ( federal Europe)
I thought it was the exact opposite, a lack of regulation that caused the problem in the first place \o/
Yet shareholders are generally you and me/pension funds and several prominent positions within public company hierarchies are voted on... When did we last vote for those withing the European Commission?
I think a lot of people seem to be forgetting what a public company actually is (and how it is actually funded)...
When the heck are people going to get through they're thick heads that to stand off against growing economies like China, India, Brazil, USA, etc. We NEED to be united.
Or have good trade agreements with them, which can be achieved without unification surely.
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We are already united, its called the EU. we haven't left the EU. we just said no to a treaty within a treaty. We still have the original treaty which unites us.
Yep so united that France and Germany run the show, ask how united the Greeks feel
In many respects we already do, the UK trades with most countries on a good basis.
It doesnt matter how many times the papers say 'isolated' we are still a major trade hub not just for europe but also the world.
As far as my admittedly limited knowledge on the EU laws go they cant kick us out for simply not agreeing it would require action akin to declaring war, and as we have vetoed this new agreement it cannot be considered a binding treaty even though 26 out of 27 signed up. As much as it may annoy sarkozy Britain hasnt done anything wrong and if they try to push the regs onto the Britain that in itself may be considered against EU law.
Pity I hoped it may of hastened our departure.
Dave looks like a hero in Britain, but this whole thing must look very odd from the outside.
Unregulated finance and banking throws Europe into crisis, throws one of the most important currencies in history of the planet off balance and half of Europe is near financial collapse. The nations gather in one place to establish ways of regulating this whole finance malarky. If we stand together, they argue, no one can lose. Don't worry, financiers will not move anywhere and the capital will not flee, as we will all have the same regulations.
And then Dave stands up as says "foxtrot you all, all 23 of you are wrong, I know better. We love our crooks, so unless you can guarantee me that UK will remain unregulated safe haven for the a-holes that brought most of you to your knees, you can kiss the back of bottom half of my armani suit." He then jumps on the plane and leaves them all with jaws to the floor and mouths open.
The whole cheerful and mostly fictional anecdote above aside, the whole thing must look like one crazy monopoly game to those countries that face being Albania over night if things go wrong?
Unregulated finance and banking throws Europe into crisis, throws one of the most important currencies in history of the planet off balance and half of Europe is near financial collapse. The nations gather in one place to establish ways of regulating this whole finance malarky. If we stand together, they argue, no one can lose. Don't worry, financiers will not move anywhere and the capital will not flee, as we will all have the same regulations.
And then Dave stands up as says "foxtrot you all, all 23 of you are wrong, I know better. We love our crooks, so unless you can guarantee me that UK will remain unregulated safe haven for the a-holes that brought most of you to your knees, you can kiss the back of bottom half of my armani suit." He then jumps on the plane and leaves them all with jaws to the floor and mouths open.
The whole cheerful and mostly fictional anecdote above aside, the whole thing must look like one crazy monopoly game to those countries that face being Albania over night if things go wrong?
can we stop the nationalist malarky for once?
what is wrong with the idea of having rules not allowing politicians to go on spending sprees and have balanced budgets and regulating financial institutions so they don't take reckless risks, which in the end are paid for by taxpayers?
http://www.independent.co.uk/news/thatcher-says-britain-should-leave-the-eu-1111410.html
So its settled we will leave, just the when.
So its settled we will leave, just the when.