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Referendum : to be in Europe or not to be ?, that is the question ! (REF)     

required field - 03 Feb 2016 10:00

Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....

Chris Carson - 06 Jun 2016 21:47 - 2738 of 12628

Good post Max.

MaxK - 07 Jun 2016 07:52 - 2739 of 12628

Fred1new - 07 Jun 2016 07:58 - 2740 of 12628

Fred1new - 07 Jun 2016 08:18 - 2741 of 12628

P2737

I suggest the UK resigns from the UN as well.

We haven't voted for the "controllers" of that body either.

-=-===

Max.

Have a look at the https://en.wikipedia.org/wiki/European_Union and government representation.

Are you asking for referendums for the passage of "bills, regulation, statutes" in the UK? Or should all the international bodies (WTO etc.) have their representatives elected by the public vote before they are allowed to represent the UK?

You could have a referendum every week.

The so called Democracy arguments are mostly fallacious.

Get real.


cynic - 07 Jun 2016 08:44 - 2742 of 12628

bet Fred won't highlight any article from today's guardian ......

In a traumatised Netherlands, faith in the EU is plummeting

and

Sterling swings as polls suggest UK heading for EU exit

MaxK - 07 Jun 2016 08:48 - 2743 of 12628

Fred1new - 07 Jun 2016 09:25 - 2744 of 12628


Chart.aspx?Provider=EODIntra&Code=EURGBP

cynic - 07 Jun 2016 09:44 - 2745 of 12628

put the way we would all think of it .....

£ will currently buy € 1.283
a year ago it was about € 1.41

grannyboy - 07 Jun 2016 09:48 - 2746 of 12628

Yes and i remember the exchange rate a few years ago, when it was
down to around the 1.13 euro area...

Fred1new - 07 Jun 2016 10:00 - 2747 of 12628

"WE"?

Do you mean wee, wee, wee?

MaxK - 07 Jun 2016 10:40 - 2748 of 12628

I remember that too granny, the elixir of life they was calling it then, helps exports etc.

Funny how things change.


Talking of change:

The stay group is fooked, all the polls are turning against, which is some doing seeing as they only ask the Highgate hooligans what they think, forget the bloke in the street.

Fred1new - 07 Jun 2016 10:51 - 2749 of 12628

Here is a vote of confidence for the "exiters".

uk.reuters.com/article/uk-britain-eu-property-idUKKCN0YR0EG?feedType=nl&feedName=ukmorningdigest&utm_source=Sailthru&utm_medium=email&utm_campaign=UK%20Morning%20Digest%202016-06-07&utm_term=UK%20Morning%20Digest


Investors add Brexit clauses to British property deals before EU vote
BY ANA NICOLACI DA COSTA AND ESHA VAISH



Commercial property investors are writing clauses into contracts giving buyers the right to walk away from real estate deals if Britain votes to leave the European Union this month, as a way to unfreeze a sector stalled by uncertainty over Brexit.

Transactions in commercial property fell by 40 percent in the first quarter, according to the Bank of England, with many buyers and sellers waiting to see the outcome of the June 23 referendum in case an exit vote hurts property prices.

In one example from a commercial transaction seen by Reuters, a clause sets a deadline after the vote when the buyer would be permitted to terminate the contract if the referendum results in a decision to leave.

Sellers too are taking legal precautions, seeking language in contracts to ensure that Brexit will not be considered a "material adverse change" that would annul a deal.

Paul Firth, head of real estate at law firm Irwin Mitchell LLP, said a significant percent of the firm's "bigger investment deals" with values ranging from 10 to 80 million pounds either included Brexit clauses, or purchasers had sought to negotiate that they be included.

He said the use of such clauses had increased in recent weeks as the referendum date draws closer.

"(Investors) fear that the value and return on investment properties may decline and that it may not be as good an investment if Britain withdraws from the EU," he said.

Since commercial real estate deals are usually confidential, it was not possible to determine precisely how common such clauses are.

However, half of the 24 law firms, brokerages and commercial property firms Reuters spoke to said they had used Brexit clauses, brokered a deal with such a clause or had requests to include them in at least one deal. Some of the others said they had seen them.

Prime Minister David Cameron and other politicians supporting the campaign to stay in the EU say a vote to leave would damage the economy and cause property prices to fall. Those campaigning to exit say any such threat is overblown and Britain can prosper outside the EU.

But whether overblown or not, it is a risk some buyers seem unwilling to take.

Guarantees are being offered not only for commercial property but also for homes. An invitation to a May 25 launch of some floors of Two Fifty One, a 41-storey luxury apartment tower going up in south London's gentrifying Elephant and Castle district, offered buyers a "money back Brexit guarantee pledge".

Buyers attending the launch would not have to exchange contracts until July 6 and could withdraw their offer and get their deposits back if they were unhappy with the outcome of the vote, said Martin Lent, chief executive of SCM, the development manager for the project by residential developer Oakmayne.

In commercial property, Brexit clauses are more common in higher value deals where the risks are greater, said Andrew Friend, director of a UK property fund at Henderson, one of Europe's largest investment managers.

Fred1new - 07 Jun 2016 11:02 - 2750 of 12628

Interesting C+P from II.

"If there is a vote to leave there will be thousands of beaurocrats, and many consultants tied up for years negotiating terms of the divorce - we may not like to eurocrats we are paying for, but this would be a real gravy train for many civil servants."

It should take about 4years to disentangle, which means about 10years in practice.


cynic - 07 Jun 2016 11:08 - 2751 of 12628

he don't half gibber on that one ........ clearly nothing else to keep him occupied and perhaps his family won't speak to him either

MaxK - 07 Jun 2016 11:41 - 2752 of 12628

There is no shortage of 'crats, there are thousands of them filling in €U forms, simply divert them onto something usefull.

cynic - 07 Jun 2016 11:48 - 2753 of 12628

the fact that it takes forever and a day for the eurocrats to knock together even a sensible trade deal, shows how badly in need of radical reform the whole structure is ...... and it will get ever worse as membership grows almost like japanese knotweed

Fred1new - 07 Jun 2016 12:01 - 2754 of 12628

Accepted that reform is needed, as with all dynamically developing organisation.

Doesn't mean one should stamp one's feet like petulant children who are not getting all their own way and demonstrate by throwing their toys out of the pram.

In any organisation, there has to be "give and take" for it to be successful, negotiate it.

Also, I can see there may be a need for an EU "Defence Force" especially with America seeming to wish to withdraw from being the World's Policeman.

I would prefer a "force" representing an entity I belong to, than residing on the outside of such a entity.

Whether or for how long NATO will exist, I don't know.

Neither do I know whether Putin has thoughts of expanding his regime.

PS.

What "democratic" vote do we have on the running and rules of NATO. Is the UK in charge of the "actions" of "Nato"?


cynic - 07 Jun 2016 12:06 - 2755 of 12628

nothing wrong with voting in either direction
it's a personal viewpoint ....... personal being a bit too much emphasised by some posters

Fred1new - 07 Jun 2016 12:12 - 2756 of 12628

Read back through some of the rubbish you have posted.
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