EU Referendum

[cannybagotudor]

One thing I noticed on social media throughout the night is the disgusting slagging of whole cities and populations that 'democratically' voted out. It just showed the type of arrogance, ignorance and entitlement that ultimately a lot of the people in these places were voting against.

Totally agree with this, politicians are out of touch, have been for some time, these "anti establishment" votes are what will have swayed this vote. Another factor may have been older people were more likely to vote leave, more importantly they are also more likely to actually vote than younger people.

Wouldn't surprise me if other EU countries start looking to exit the EU as the UK sets an example.

 

[bluerock]

There are already calls for a referendum in France and Holland.

Just out of interest you could have got 7/1 on a leave vote on Betfair last night!

 

[websaway]

Totally agree with this, politicians are out of touch, have been for some time, these "anti establishment" votes are what will have swayed this vote. Another factor may have been older people were more likely to vote leave, more importantly they are also more likely to actually vote than younger people.

Wouldn't surprise me if other EU countries start looking to exit the EU as the UK sets an example.

Might be a wake up call and lead to reform before others inevitably follow suit .

 

[signature]

I think at this rate, I might have to learn to bet.

 

[Toonz]

I'm so gutted this morning but at least the usual bores can no longer bore us about everything being the fault of the EU and migrants (though the latter is by no means guaranteed). The Labour leadership needs to shoulder more responsibility for this outcome than Cameron in my opinion. I like Corbyn but he's no leader material and he's too out of touch with the country.

I'm also very scared this morning that this country is now going to shift sharply to the right. There is already talk about the Brexiters - the far right of the Tory party - being given cabinet positions in a reshuffle. I just hope they don't proceed to rip up all our protections and rights. Because despite the rhetoric, they were as much the establishment elite as anyone.

 

[websaway]

I hope we do adopt an independence day. A day were we, like the Irish republic on st Patricks day, can celebrate our existance . I hope we can find something to motivate the country and put the pride back in Britain.

 

[Edwin]

I'm so gutted this morning but at least the usual bores can no longer bore us about everything being the fault of the EU and migrants (though the latter is by no means guaranteed).

That's a fascinating point - politicians have lost a straw man that they have leant on, to a greater or lesser extent, for 40 years now. So next time stuff goes wrong, there will be (or should be) no ducking their responsibility for their actions.

 

[websaway]

I'm so gutted this morning but at least the usual bores can no longer bore us about everything being the fault of the EU and migrants (though the latter is by no means guaranteed). The Labour leadership needs to shoulder more responsibility for this outcome than Cameron in my opinion. I like Corbyn but he's no leader material and he's too out of touch with the country.

I'm also very scared this morning that this country is now going to shift sharply to the right. There is already talk about the Brexiters - the far right of the Tory party - being given cabinet positions in a reshuffle. I just hope they don't proceed to rip up all our protections and rights. Because despite the rhetoric, they were as much the establishment elite as anyone.

Nothing you make reference to is not going to be determined by democracy . The people have regained control, the politicians will realise they are now again answerable to the British people. The gravy train has come to an abrupt halt. It's back to work for all of them.

 

[websaway]

That's a fascinating point - politicians have lost a straw man that they have leant on, to a greater or lesser extent, for 40 years now. So next time stuff goes wrong, there will be (or should be) no ducking their responsibility for their actions.

That's right, instead of the blame game, the stand up and be counted game. Childish politics, it's his fault , it's their fault, it's not my fault. We need statesmen/ stateswomen, not representatives who simply report back about what someone else is doing to us. Diane Abbot this morning blaming the government, defending Jeremy. Don't blame everybody else, you are being paid to do a job, go and do it, if you can't, move over and let someone else do it.

 

[Toonz]

Nothing you make reference to is not going to be determined by democracy . The people have regained control, the politicians will realise they are now again answerable to the British people. The gravy train has come to an abrupt halt. It's back to work for all of them.

Yes I know and I accept that. It's just that realistically, the British people are not going to vote for Corbyn so we are likely to have the right of the Tory party in charge. That's democracy, I know. But I just hope all those who profess to care about the man on the street will, over the coming years, stand up for workers' rights, food standards, consumer rights, environmental protections, etc. My fear is that they won't unless it's a very simple message that penetrates the Daily Mail and hits them personally and directly as opposed to indirectly. That's why I'm sad. I know we need to permit the democratic will of the people, I'm just fearful that we will be worse off. And that's to say nothing about what may now happen across Europe.

 

[Toonz]

Diane Abbot this morning blaming the government, defending Jeremy.

Diane Abbott is an abomination. That she is in the position she is speaks volumes about what is wrong with the current Labour party.

 

[martin-s]

New PM should 100% be Teresa May for me. Talented, steady, bright, experienced.

Osborne has no chance. Boris has the mind, but not the world stage gravitas. Gove is too divisive (the entire teaching profession would be distraught).

Who the next Chancellor should be is less clear. I don't suppose for a moment that Osborne will have the support he needs to continue in the role. It might be nice to have someone with an economics background this time though!

 

[VSC]

Okay, so Cameron has resigned and the Conservatives will have a leadership election.
Some labour MPs are calling for a leadership election also.

We all voted in the last election according to the manifesto's promoted by the various parties.
Holding a referendum was on the Conservative one ...

BUT, surely the actions we take now were never covered by any party?

Do we not need a general election, based on what actions we take leaving the EU?

AND, if want true democracy, a better system than the first past the post system we have now, when the majority of the electorate are ignored.

====

On a separate note, already received an email from a client from an EU country asking whether we can guarantee our current prices ...
(In my main business, we have to import all our raw materials, make the product/s and then export)
With some commentators forecasting EU and £ parity, raw cost up, but better exchange rate for clients buying from the UK ... prices will have to go up but hopefully the pound is low enough to compensate for non-UK clients.

 

[BREWSTERS]

@BREWSTERS

I am sure you know the banking system is not UK making, to change that is probably harder than EU exit.

You're right 'banking system' was not the right term to use. Fractional reserve banking with our currency issued by a private central bank is what needs changing and that can be done at a country level. Our currency should be created by the country for the benefit of the people.

 

[Edwin]

BUT, surely the actions we take now were never covered by any party?

Do we not need a general election, based on what actions we take leaving the EU?

Unfortunately that's not how the (current) system works. The country gets to decide on a regular (used to be irregular) basis who's going to be in charge of it, then they get to do whatever they like (subject to getting the votes in the HoC and the HoL) for the duration of their mandate to govern.

Of course, one hopes that the HoC/HoL provide enough checks and balances to prevent the really loopy ideas, but as citizens we've got no say in what the government does in between General Elections.

 

[Edwin]

By "who" in the previous post, I mean "party", not a particular individual. There could in theory be a different party leader from the winning party every day between one General Election and the next, and yet they (the party) would remain in charge. Changing PM does not trigger anything in particular.

That said, governments can (but don't have to) take advantage of a leadership change, if they're feeling strong and confident, to call a snap General Election to strengthen their party's mandate further.

 

[websaway]

I think at this rate, I might have to learn to bet.

Well that was the betting industries objective.

 

[cannybagotudor]

That's a fascinating point - politicians have lost a straw man that they have leant on, to a greater or lesser extent, for 40 years now. So next time stuff goes wrong, there will be (or should be) no ducking their responsibility for their actions.

Exactly, when the change actually happens it releases billions of pounds that can be put back into the country. There is alot of talk that Corbyn didn't have control of his party, Corbyn is anti-EU, the party is pro EU but it would not have won it for remain. Watch the interviews going on with people on the street, this turned into a protest vote, London is seen as a single focal point for England and indeed the UK as a whole. People in other areas of England felt detached, look at the pattern of the votes it doesn't get any clearer.

I hope this sends out a message to all politicians that London is not the UK, it's not all that matters, they live in their own world which does not in any way relate to the real life of the citizens of the UK. I think the political parties need to realign themselves and start understanding their electorate alot better. I don't hear much about Obsourne but he was instrumental in creating even more detachment.

I think whatever way people voted this opportunity is embraced and that the country moves forward in a positive manner, the decision has been made and I realize for many the decision has been forced on them and ironically I truly believe it was a protest vote that won it. As for the EU itself, it will need to act fast and introduce some reforms or more countries. I see some pro remain politicians now saying that trade agreements won't be an issue because the likes of VW will still want to sell cars etc, let's move forward and build a stronger Britain and get along.

 

[AlistairM]

Brilliant. Not only the result but the whole of UK politics being shaken up. Now they should finally understand that they can't carry on treating the British people the way they have been.

 

[BREWSTERS]

AND, if want true democracy, a better system than the first past the post system we have now, when the majority of the electorate are ignored.

Agree 100%

====

On a separate note, already received an email from a client from an EU country asking whether we can guarantee our current prices ...
(In my main business, we have to import all our raw materials, make the product/s and then export)
With some commentators forecasting EU and £ parity, raw cost up, but better exchange rate for clients buying from the UK ... prices will have to go up but hopefully the pound is low enough to compensate for non-UK clients.

Are your material imports, and sales both in €? We're mostly buying product in £ and € and sales are in $....forward bought € yesterday afternoon and considering selling $ at the moment. It's been an interesting morning so far.