Brexit Thread 2

[BID0]

Vote Green

[Tafdolphin]

Pound falls below $1.28 as collapse of Brexit talks looms – business live

https://www.theguardian.com/business/li ... _clipboard

In early Friday trading the pound had edged down against the dollar to hit a fresh low of $1.2780, a level last seen in mid-February. In March it had traded almost at $1.34. Against the euro nine consecutive days of sterling falls represented the longest unbroken slide since the start of the century, according to Bloomberg.

Traders’ optimism that the UK will agree a softer exit from the EU is fading fast, explains London Capital Group’s Jasper Lawler.

Given the Tories sharp losses in the polls and the Brexit party’s dominance in polling for European elections, a hard-line Brexiteer Prime Minister is becoming more likely. The overriding fear for currency traders is that this means that a hard no deal Brexit is back on the table as an option.

Good good.

[Moggy]

Pound falls below $1.28 as collapse of Brexit talks looms – business live

Pound falls = "Great for exporters!" "It was a necessary correction in the markets!"

Pound rises = "See, everyone now has confidence in GLOBAL Britain!"

[Lex-Man]

Pound falls below $1.28 as collapse of Brexit talks looms – business live

Pound falls = "Great for exporters!" "It was a necessary correction in the markets!"

Pound rises = "See, everyone now has confidence in GLOBAL Britain!"

Every thing is good for somebody.

[Moggy]

twitter.com/jameskirkup/status/1129278555513344000

The swivel eyed loons won and Cameron was either too incompetent to stop them or just didn’t care.

[Hexx]

Compromise talks over

Dear Prime Minister,

I am writing to let you know that I believe the talks between us about finding a compromise agreement on leaving the European Union have now gone as far as they can.

I would like to put on record that the talks have been conducted in good faith on both sides and thank those involved for their efforts to find common ground.

The talks have been detailed, constructive and have involved considerable effort for both our teams.

However, it has become clear that, while there are some areas where compromise has been possible, we have been unable to bridge important policy gaps between us.

Even more crucially, the increasing weakness and instability of your government means there cannot be confidence in securing whatever might be agreed between us.

As I said when we met on Tuesday evening, there has been growing concern in both the shadow cabinet and parliamentary Labour Party about the government’s ability to deliver on any compromise agreement.

As you have been setting out your decision to stand down and cabinet ministers are competing to succeed you, the position of the government has become ever more unstable and its authority eroded. Not infrequently, proposals by your negotiating team have been publicly contradicted by statements from other members of the cabinet.

In recent days we have heard senior cabinet ministers reject any form of customs union, regardless of proposals made by government negotiators. And despite assurances we have been given on protection of environmental, food and animal welfare standards, the international trade secretary has confirmed that importing chlorinated chicken as part of a US trade deal remains on the table.

After six weeks of talks, it is only right that the Government now wishes again to test the will of parliament, and we will carefully consider any proposals the government wishes to bring forward to break the Brexit deadlock.

However, I should reiterate that, without significant changes, we will continue to oppose the government’s deal as we do not believe it safeguards jobs, living standards and manufacturing industry in Britain.

Yours sincerely,

Jeremy Corbyn

[Lex-Man]

I don't really see how talks could continue with May on her way out the door. Whoever took over would just tear up any deal that was agreed.

[Harry Ola]

I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.

The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.

[Moggy]

I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.

The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.

I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.

The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.

[Harry Ola]

I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.

The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.

I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.

The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.

It obviously leaves open the possibility that the public would vote for a no deal Brexit. But if that happens we would only have ourselves to blame. I do not see where the compromise comes otherwise.

[That]

Vote Green

Great broadcast! Well done Greens.

[NickSCFC]

I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.

The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.

I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.

The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.

Agreed, Brexit Party winning the EU elections by a landslide will be the final nail in the coffin for a second referendum.

[Moggy]

I'm becoming more convinced that we are heading towards a "no deal" vs remain referendum.

The current House of Commons is never going to allow a "no deal" Brexit as things stand. But it seems that for a majority of the Brexit camp this is their preferred outcome and they won't accept any compromise deals. Therefore, whoever is Tory leader, we will continue to be at the same impasse. The only way out is another referendum.

I am not so sure that Parliament would pass such a referendum though. Remainers and sensible Leavers (if there is such a thing) would probably block the risk of a No Deal Brexit at a referendum.

The only way I see a referendum getting through Parliament is on the same “Remain v Leave” basis as before, that would give Remain another chance while also allowing Leavers to pretend Leave means whatever they want it to mean. But of course if Leave won then it would just leave us in the same mess.

It obviously leaves open the possibility that the public would vote for a no deal Brexit. But if that happens we would only have ourselves to blame. I do not see where the compromise comes otherwise.

I don’t think MPs will risk the public throwing the country off of the cliff.

Which means there probably won’t be any compromise.

[Moggy]

Agreed, Brexit Party winning the EU elections by a landslide will be the final nail in the coffin for a second referendum.

I guess it depends how you look at it, but the Brexit Party are not going to win “a landslide”. 30% of the vote would make them the overall biggest party, but that isn’t a landslide and it will be far more interesting to look at the numbers of other votes.

If BP get 30%, Lib Dems 20%, Labour 19%, Tories 17%, Greens 10%, and CUKs 4%, then who has won? The Tory/Labour votes will be split between Remainers and Leavers (both sides are mental if they vote Tory or Labour at this election!) and it’s impossible to count those. Which would mean the country was split, probably with a slight advantage to Remain.

Of course Farage will be crowing about his overwhelming victory, but I don’t think it actually will be a victory for Leave, just that the frog faced racist got more votes for his party because the others are all split.

[KK]

Nigel Farage has reignited his war of words with the BBC, blasting the broadcaster for failing to feature members of his Brexit Party enough on television.

He hit out at a rally last night as the weekly political panel show Question Time was shown without a member of the party despite it leading European election polls.

The episode, filmed in the Scottish town of Elgin, featured a panel predominantly from the country.

It saw Tory MP Bim Afolami joined by Scottish Labour leader Richard Leonard, Edinburgh Lib Dem Christine Jardine, the SNP's John Swinney and Brexiteer human rights lawyer Eilidh Douglas.

Speaking in the West Midlands last night Mr Farage, who has appeared on Question Time 33 times, said: 'We can choose to buy different newspapers. We can choose to listen to different commercial radio stations.

'Where I have a problem is when we are effectively taxed £150 a year just to have a television in our house.

'When the public service broadcaster does not put a single representative of this new party on any major television programme, even when we have gone from nothing to topping the polls.'

Mr Farage laughed as he added: 'And when we finally do get a one on one interview, I'll leave it there!'

The right-wing eurosceptic launched a tirade against the BBC at the weekend after after he was given a rough ride by Andrew Marr on his Sunday morning television programme.

Farage’s equivalent of “the fake news media” from Trump. There always has to be a perceived enemy, real or otherwise. He does the whole ‘they won’t show this’ shtick as well, despite people viewing what he is saying via the very medium that is being accused of not to be showing it!

‘CNN don’t show the President’s rallies’
‘So how did you watch the President’s speech yesterday, Bob?
‘CNN’

Worth noting a Brexit Party member featured directly after QT on This Week.

[Moggy]

The Brexit Party should be barely featured on anything. They have zero electoral history. Same goes for the CUKs.

The argument for UKIP and the BNP being on TV was always that they had MEPs and local councillors and so had a right to be treated seriously. The Brexit Party doesn’t have any of that. After the European Elections they would have the right to be on Question Time and other programmes, but for now they should have been treated exactly the same as any other new party.

[Green Gecko]

The exchange is bloody all over the place. Literally 4 shipments I put out the states all had different prices in $ on them, which makes customers insecure about a product they're thinking about changing in price, and making my products compare unpredictably to other exchanges that are more stable.

Example for decal, since I charge a bit more for better quality and reputation:

Day 1 £4 versus £3.80 from another seller

Day 2 £3.80 versus £3.80 from another seller

Day 3 £4.20 versus £3.80 from another seller

Day 4 £4.60 versus £3.80 from another seller

Day 5 £3.70 versus £3.80 from another seller etc.

This has two effects; I look cheaper than the competition which can be good but can also make my product look lower quality than it is

Or I look too expensive compared to another seller, rather than enough expensive (which can look good).

Even on a tiny scale, it is far from ideal.

There was a guy voting Leave around the referendum who just couldn't comprehend what I was trying to say. He insisted a poor exchange rate was better for me (conveniently ignoring that all of my imports were going to go UP making the net result the same or worse) because it made my products look like better value in the states. But I'm not trading a value commodity competing with overseas sellers (including people in the states in a poor economical area), I'm trading a quality one. I WANT my product to be more expensive, because it should be! And I don't want to increase my prices for domestic customers, and no I'm not trading in multi-currency because it's a bloody ball-ache and doubles or triples your accounting work, as well as requiring an expensive international bank account.

strawberry float this race to the bottom gooseberry fool, which is pretty much were we're headed as a country at the moment.

[more heat than light]

If BP get 30%, Lib Dems 20%, Labour 19%, Tories 17%, Greens 10%, and CUKs 4%, then who has won? The Tory/Labour votes will be split between Remainers and Leavers (both sides are mental if they vote Tory or Labour at this election!) and it’s impossible to count those. Which would mean the country was split, probably with a slight advantage to Remain.

Right wingers abandoning UKIP and Tories to create a massive majority for themselves. Does that.... make them smarter than us?

[Moggy]

If BP get 30%, Lib Dems 20%, Labour 19%, Tories 17%, Greens 10%, and CUKs 4%, then who has won? The Tory/Labour votes will be split between Remainers and Leavers (both sides are mental if they vote Tory or Labour at this election!) and it’s impossible to count those. Which would mean the country was split, probably with a slight advantage to Remain.

Right wingers abandoning UKIP and Tories to create a massive majority for themselves. Does that.... make them smarter than us?

Not really. Just because they figured out where to get a gun doesn’t mean they are intelligent if they shoot themselves in the bollocks.

The headlines will be “Brexit has a massive majority”, the reality will be it doesn’t if you look at the actual numbers.

[more heat than light]

Yeah but as you and I both know, all that matters is a newspaper headline.