The £/$ fall to 1.33 in the wake of the referendum.
Jun 25th 2016, 5:00 am
#61
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Re: The £/$ fall to 1.33 in the wake of the referendum.
It's a growing concern. My party, the Ulster Unionists were in support of remaining as well, it appears they may have been the only major unionist party that were, unless Alliance, who are still loosely unionist were for it.
Northern Ireland as a whole voted to remain as did Scotland. If Scotland does leave the UK, it does make one wonder what Northern Ireland's future is.
I don't know how the Common Travel Area will be affected, while it was between the UK and Ireland and nothing to do with the EU, this does now mean that the UK shares a land border with the EU and vice versa. Though perhaps the Irish government will not be so harsh on people coming down from NI, as it's always been, the UK may feel differently.
I really think this sets a strong precedent for the Republican movement to gain a lot more support, with some of that coming from the pro-EU 'small u' unionists, those who wanted to stay in the UK because of various benefits such as the NHS and EU money. While even I as a unionist am starting to care less about that aspect of it, the potential for civil war to kick off again has always been bubbling under the surface and this could be the tipping point.
Honestly, I can't really wait. I am not willing to reopen an UK bank account and put five figures in it thereby generating an offshore asset that will be a tax liability that simply owning a house would not. Also it's not fair on my sister, we both just want to be done with it. Beyond that, we kind of need the money, we have a mind boggling amount of credit card debt that this will eliminate completely.
This will be something that will be complete by August, my sister is talking about being able to wire me the money as soon as July. The pound is already back up at $1.37, I don't think it will drop much below $1.30 in that time, certainly not to parity, and even then we'd still be getting more than enough to clear our debts. I got a bit greedy and a bit over excited about getting a few grand to spend on some new toys. As it stands now that probably will still happen, I allowed myself to get overly salty about the whole thing.
It was a good idea and a valid point, but I have more pressing needs right now that this will take care of.
Northern Ireland as a whole voted to remain as did Scotland. If Scotland does leave the UK, it does make one wonder what Northern Ireland's future is.
I don't know how the Common Travel Area will be affected, while it was between the UK and Ireland and nothing to do with the EU, this does now mean that the UK shares a land border with the EU and vice versa. Though perhaps the Irish government will not be so harsh on people coming down from NI, as it's always been, the UK may feel differently.
I really think this sets a strong precedent for the Republican movement to gain a lot more support, with some of that coming from the pro-EU 'small u' unionists, those who wanted to stay in the UK because of various benefits such as the NHS and EU money. While even I as a unionist am starting to care less about that aspect of it, the potential for civil war to kick off again has always been bubbling under the surface and this could be the tipping point.
Honestly, I can't really wait. I am not willing to reopen an UK bank account and put five figures in it thereby generating an offshore asset that will be a tax liability that simply owning a house would not. Also it's not fair on my sister, we both just want to be done with it. Beyond that, we kind of need the money, we have a mind boggling amount of credit card debt that this will eliminate completely.
This will be something that will be complete by August, my sister is talking about being able to wire me the money as soon as July. The pound is already back up at $1.37, I don't think it will drop much below $1.30 in that time, certainly not to parity, and even then we'd still be getting more than enough to clear our debts. I got a bit greedy and a bit over excited about getting a few grand to spend on some new toys. As it stands now that probably will still happen, I allowed myself to get overly salty about the whole thing.
It was a good idea and a valid point, but I have more pressing needs right now that this will take care of.
Jun 25th 2016, 5:03 am
#62
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Joined: Dec 2015
Location: california
Posts: 6,035
Re: The £/$ fall to 1.33 in the wake of the referendum.
You think he made a mistake? No he demonstrably made the biggest mistake in western political history since WW2.
History will record him as being a complete ****ing idiot. He could at least have hedged it a bit by saying he wanted to see 75% voter turnout before accepting the result or similar.
The only other person I can think of in the same league was Jim Prentice calling an early election in Alberta and losing in a titantic landslide after the Tories had been in power for more than 40 years. That took stupidity on an unprecedented level.
History will record him as being a complete ****ing idiot. He could at least have hedged it a bit by saying he wanted to see 75% voter turnout before accepting the result or similar.
The only other person I can think of in the same league was Jim Prentice calling an early election in Alberta and losing in a titantic landslide after the Tories had been in power for more than 40 years. That took stupidity on an unprecedented level.
Jun 25th 2016, 5:06 am
#63
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Joined: Mar 2014
Posts: 429
Re: The £/$ fall to 1.33 in the wake of the referendum.
You think he made a mistake? No he demonstrably made the biggest mistake in western political history since WW2.
History will record him as being a complete ****ing idiot. He could at least have hedged it a bit by saying he wanted to see 75% voter turnout before accepting the result or similar.
The only other person I can think of in the same league was Jim Prentice calling an early election in Alberta and losing in a titantic landslide after the Tories had been in power for more than 40 years. That took stupidity on an unprecedented level.
History will record him as being a complete ****ing idiot. He could at least have hedged it a bit by saying he wanted to see 75% voter turnout before accepting the result or similar.
The only other person I can think of in the same league was Jim Prentice calling an early election in Alberta and losing in a titantic landslide after the Tories had been in power for more than 40 years. That took stupidity on an unprecedented level.
As far as I can tell the EU has only benefited Germany, no one else.
Jun 25th 2016, 5:11 am
#64
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Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
Re: The £/$ fall to 1.33 in the wake of the referendum.
Maybe we could join with Scotland instead ...
Jun 25th 2016, 5:15 am
#65
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Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,425
Re: The £/$ fall to 1.33 in the wake of the referendum.
They did let all the IRA out of the H-Block and they have had enough time to regroup. The English may have forgotten, but I'm damn sure the Irish haven't. I certainly wouldn't want to be PM at the moment for many reasons.
Jun 25th 2016, 5:17 am
#66
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Re: The £/$ fall to 1.33 in the wake of the referendum.
Cameron had to call the vote he was getting pressure from UKIP and other Tory party members; besides the business community may have wanted out as Britain can pursue its own trade agreements now without the EU.
As far as I can tell the EU has only benefited Germany, no one else.
As far as I can tell the EU has only benefited Germany, no one else.
Jun 25th 2016, 5:18 am
#67
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Location: Phoenix, AZ
Posts: 8,106
Re: The £/$ fall to 1.33 in the wake of the referendum.
Maybe yes maybe no. I think he misjudged the Leave mood as much as the Tories that much is true. I also think he thought "well let the Tories fight both sides and tear themselves apart in the process". Why get involved in something that was originally an internal Tory problem.
Jun 25th 2016, 5:23 am
#68
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Re: The £/$ fall to 1.33 in the wake of the referendum.
I just hope UKIP doesn't win more seats
Jun 25th 2016, 5:34 am
#69
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Re: The £/$ fall to 1.33 in the wake of the referendum.
"David Cameron quits Downing Street with a ruined legacy"
The prime minister resigns: David Cameron quits Downing Street with a ruined legacy | The Economist
Business was largely against Brexit.
Jun 25th 2016, 5:39 am
#70
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Re: The £/$ fall to 1.33 in the wake of the referendum.
He didn't have to promise a referendum. He could have stood up for what he believed in and pushed back against UKIP and the Tory rebels.
"David Cameron quits Downing Street with a ruined legacy"
The prime minister resigns: David Cameron quits Downing Street with a ruined legacy | The Economist
Business was largely against Brexit.
"David Cameron quits Downing Street with a ruined legacy"
The prime minister resigns: David Cameron quits Downing Street with a ruined legacy | The Economist
Business was largely against Brexit.
Jun 25th 2016, 5:49 am
#71
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Posts: 8,106
Re: The £/$ fall to 1.33 in the wake of the referendum.
Depends when they hold the election. If they snap one right now, probably yes lots. Some time after actual exit and they might get put on a ship and sent back where they came from.
Jun 25th 2016, 11:09 am
#72
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Location: Chicago, IL
Posts: 348
Re: The £/$ fall to 1.33 in the wake of the referendum.
Jun 25th 2016, 12:01 pm
#73
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Re: The £/$ fall to 1.33 in the wake of the referendum.
It's not that simple - there would be bloodshed - the sides are so far apart and it isn't all about religion. The country should never have been divided, but you need to go back a few hundred years to when the English took over the country and then had the "plantations" in Northern Ireland to keep the country under English rule. A lot of mistakes were made over the years, and I don't think that a simple solution applies here.
Jun 25th 2016, 1:51 pm
#74
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,447
Re: The £/$ fall to 1.33 in the wake of the referendum.
Maybe yes maybe no. I think he misjudged the Leave mood as much as the Tories that much is true. I also think he thought "well let the Tories fight both sides and tear themselves apart in the process". Why get involved in something that was originally an internal Tory problem.
Jun 25th 2016, 1:57 pm
#75
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,447
Re: The £/$ fall to 1.33 in the wake of the referendum.
He didn't have to promise a referendum. He could have stood up for what he believed in and pushed back against UKIP and the Tory rebels.
"David Cameron quits Downing Street with a ruined legacy"
The prime minister resigns: David Cameron quits Downing Street with a ruined legacy | The Economist
Business was largely against Brexit.
"David Cameron quits Downing Street with a ruined legacy"
The prime minister resigns: David Cameron quits Downing Street with a ruined legacy | The Economist
Business was largely against Brexit.
If he had kept the bankers and the economists off the stage, and told other countries' leaders, not least President Obama, to keep their blöödy oars out!
then the outcome might well have been rather different.
Last edited by Pulaski; Jun 25th 2016 at 2:41 pm.