Poll: The EU Referendum: How Will You Vote? (June Poll)

[RaohNS]

I heard the same a few years ago - that PPI was acting as a massive stimulus to the economy. Just proves what I've always thought; that re-distributing wealth from the rich to the poor is beneficial to a nation's economy. The effectiveness of QE at doing what was intended; boosting GDP is still in question, however it certainly can't be said that it has led to massive inflation.

I would be interested in hearing more.

The QE would have been better giving every working household - top 3% - an equal share. I know every UK worker would have got £10,000+ it was on a debate somewhere time ago.

Give me ten grand and it would just sit somewhere as cash.

 

[Freakbro]

Remind me again Fb of the yearly EU budget? €145bn... 1% we contribute... Really?

1% of each countries GNI (GDP) is the base figure not 1% of the EU budget. And we pay 0.65% of our GNI

 

[RaohNS]

It hasn't, but to be fair general economic theory does expect QE to put up inflation, hence there has been some head scratching about this one

I guess it's because there are other counter balancing pressures going on, like the artificially low interest rates.

But I agree, the best thing they could have done with all that QE was give it to us directly, not the banks. That would have seen a boost to the economy.

Agreement

Didn't the banks only admit to loaning just £4bn of the 375 we gave?

 

[Six6siX]

1) telling Poland what they can and cannot do. Remember Poland elected their govt... Just because they are being a..wipes about it doesn't give them authority. That comes from the governed (there are plenty of others as have been mentioned in this thread
2) tells nations to accept refugees to the figure we decree or €250,000 per one. If the UK leaves we will do this, that, the other... Threat threat threat
3) Ireland, Ireland, Greece, removes elected officials does not allow or recognize democracy from the people and instead is the self appointed power giving itself suzerainty over [Cameron mode] 500million people[/Cameron mode]
4) self explanatory plus a combination of the above

Surely nobody can be that obtuse or have such short a memory

1) Why did the polish elected government invoke the intervention from the EU?

2) Don't think this applies to the UK - it's already been mentioned in this thread, I'm sure.

3) Again, why was intervention from the EU required?

 

[scorza]

It hasn't, but to be fair general economic theory does expect QE to put up inflation, hence there has been some head scratching about this one

I guess it's because there are other counter balancing pressures going on, like the artificially low interest rates.

But I agree, the best thing they could have done with all that QE was give it to us directly, not the banks. That would have seen a boost to the economy.

Yeah - I think the reason QE may have failed to increase GDP is that the banks who had access to the QE money just used most of it to shore up their capital and not to invest i.e. they were in worse financial health than they let on. The money just stayed locked away in their account and didn't get released into the economy.

My preference would have been to print money and invest it in the nation's infrastructure.

 

[RaohNS]

1% of each countries GNI (GDP) is the base figure not 1% of the EU budget. And we pay 0.65% of our GNI

No, you are using a % of our economy because you may realize where I am taking this.

We contribute 12% of the budget of the EU (not including other perks that innately occur from us as a member state).

Why does the EU not want us to leave? Logically...

All your big banks want us to stay... I wonder why? Could it have anything to do with the fact that the ECB is a fiscal mechanism for credit creation underpinned by European taxes from EU law?

 

[MookJong]

From the Independent:

David Cameron used a campaign event this morning to warn that Brexit would detonate a “bomb” under the British economy from which it would take years to recover.

Two months ago Cameron said he would be looking to leave if he did not get the deal he wanted with the EU. How can this man have been willing to leave if exiting would destroy the county's economy for years to come?

Regardless if the economy would be hurt, it's completely patronising to the electorate that he thinks he can just churn out this stuff.

 

[Admiral Huddy]

Heart says out..

I want to see us succeed on our own, to make sure that investment in the UK goes back into the UK and benefiting UK based businesses and not that of others.

I'd like to see tighter border controls.. to bring down NET migration.


Head says stay in..


1. Things are very different today.. I don't think we are productive enough as we once were to create a stable economy. 30 years ago we were still very manufacturing rich but this is a very small portion of our domestic output today. Germany operate on a strict foreign connectivity investment policy to ensure that investment comes back in to the German economy some way or another.

2. I'm not sure how foreign investment is going to perceive our country as a rating without the EU.. Would you invest in something with no proven record?

On another issue, i don't believe the politicians should be leading the campaign. Their political agendas and peoples own perception of the individuals are clouding the issues and jeopardising the outcome. Once the referendum was made, they passed responsibility over to the public.

 

[Mr Jack]

A leave vote absolutely doesn't bind parliament to leave the EU - you're wrong.

I wasn't talking in a legal sense. In a legal sense you're correct that the Referendum Act only specifies the question, not the response to that question. However, only in the most pants on head stupid of conspiracy theories does anyone imagine that a Leave vote would result in anything other than the UK leaving the EU. If the vote is leave, we will leave.

 

[Freakbro]

No, you are using a % of our economy because you may realize where I am taking this.

We contribute 12% of the budget of the EU (not including other perks that innately occur from us as a member state).

Well yes, but that's why I amended the saying to lies, damn lies, statistics and accountancy

You can use %'s and statistics to try and show what you want (and no I didn't see where you were going with this! )

It's disingenuous to portray our contribution as 12% of the overall budget, since we have a larger economy of course the actual amount paid will be more than the smaller countries.

The EU budget is only defined by the amount it gets from the negotiated %'s of each countries GNI, it's not a set amount that has to be split disproportionately between countries

But using 1% of each countries economy as the base line means equal affordibility, which is the imporant metric. And we pay the least as a % of our GNI, so again, I dispute we are paying over the odds.

 

[RaohNS]

1) Why did the polish elected government invoke the intervention from the EU?

2) Don't think this applies to the UK - it's already been mentioned in this thread, I'm sure.

3) Again, why was intervention from the EU required?

1) trying to force something through that is not democratically "valid". They have taken control of elements that the EU "protects". Its ashame they do nit have transparency themselves.

2) But the EU has the power to make us accept migrants. They have given qhotas for most states to accept

3) we both know the answer to that but you do yourself no favors by selectively refusing Ireland twice voting no and then being sneaked through on a third attempt. Greece should have had a vote to decide if it was to become bankrupt (because we both agree it was). It laughed at and blocked democracy and ousted elected officials and had a puppet sign. Just watch Yanis at the Oxford Union, its all there and he knows better than any media or analytical supposition.

 

[RaohNS]

From the Independent:



Two months ago Cameron said he would be looking to leave if he did not get the deal he wanted with the EU. How can this man have been willing to leave if exiting would destroy the county's economy for years to come?

Regardless if the economy would be hurt, it's completely patronising to the electorate that he thinks he can just churn out this stuff.

So if we democratically vote leave we have the economy argument hit but perfectly fine for them not to renegotiate. Come on remain... Like flogging a dead horse

 

[Freakbro]

Agreement

Didn't the banks only admit to loaning just £4bn of the 375 we gave?

That's a whole other thread and I agree with scorzas assessment above

There is an economy one over in SC that's gone quiet

 

[Freakbro]

So if we democratically vote leave we have the economy argument hit but perfectly fine for them not to renegotiate. Come on remain... Like flogging a dead horse

Hey, it's the one thing I agree with you guys on, I wish the Remain campaigners would just STFU before they snatch defeat from the jaws of victory

 

[RaohNS]

Well yes, but that's why I amended the saying to lies, damn lies, statistics and accountancy

You can use %'s and statistics to try and show what you want (and no I didn't see where you were going with this! )

It's disingenuous to portray our contribution as 12% of the overall budget, since we have a larger economy of course the actual amount paid will be more than the smaller countries.

Snip

But using 1% of each countries economy as the base line means equal affordibility, which is the imporant metric. And we pay the least as a % of our GNI, so again, I dispute we are paying over the odds.

Its not disingenuous at all. The EU budget is: €145bn... We divide our contribution by that to find our percentage contribution to the UK... That is the fact. We are talking about the EU budget percentage not our formula reflective on economic performance.

I say again: The Eau doesn't want us to leave because they are losing a heap of cold hard cash.

To find the percentage contribution from our pockets... We do the same formula relevant to us.

The % is a fair means but when we overpay that's my disagreementid rather keep 7bn odd back at home and pay for stuff only as and when its needed. At least we know we agree on percentage based contributions given stances on take from the rich.

 

[RaohNS]

That's a whole other thread and I agree with scorzas assessment above

There is an economy one over in SC that's gone quiet

Haven't been SC in years. Dropped off once mods started getting and setting the topics

 

[bayo000]

I'm not talking about the last 5 Presidents of the EU - I'm talking about the current 5 Presidents of the EU - the heads of the five governing EU institutions. I don't know the answer to this either, I just heard Gove talking about them on Friday.

President of the European Commission is Jean-Claude Juncker
President of the European Council is Donald Tusk

Dunno what the other three institutions are, would imaging the European Court of Justice is one, but don't know who the President of that is. European Parliament might be another (Martin Schultz?). Isn't there a rotating Presidency in the European Council as well? No idea who that is at the moment but vaguely recall one of the Baltic nations would be taking over that Presidency soon. Then again, I could be completely wrong.

So basically you are saying that with 2 weeks to go, you don't even know what you are voting on?

Don't take this personally as I don't know the answer either. I just used it to highlight just how ridiculous this referendum is. General public has no chance to even understand the EU fully yet are given this burden/ choice (whatever you want to call it). This referendum should be on whether people are content with the EU or not. Then depending on result it could be taken further and actually work out some realistic options.

 

[John40]

I wasn't talking in a legal sense. In a legal sense you're correct that the Referendum Act only specifies the question, not the response to that question. However, only in the most pants on head stupid of conspiracy theories does anyone imagine that a Leave vote would result in anything other than the UK leaving the EU. If the vote is leave, we will leave.

Just had Tory mp Mark Garnier on LBC radio who has categorically said if there is a Leave vote parliament will simply ignore it as the Inners have a majority and the required bill will not pass through parliament.

 

[MookJong]

We could have course setup a new union and invite the Netherlands, Austria Denmark and anyone else who feels like leaving the EU to join it. Our union would have free trade but with secure safeguards on sovereignty and border control.

 

[RaohNS]

Hey, it's the one thing I agree with you guys on, I wish the Remain campaigners would just STFU before they snatch defeat from the jaws of victory

Hahaha

One of us will have our tail between our legs come June 24th lol Ain't gonna be me like

You just know whichever way it goes there is a thread I can see it now: Remain/Leave what went wrong

Then 167 pages of how one side cheated and at least 1000 posts of 'sore loser'