UK General Election 8th June: Shake it all about?

[Junkenstein]

Yes. He isn't racist enough for the sun. Typical Murdoch hatchet job, "sources say" the usual crap.

[The Good Reverend Roger]

To be clear: he's coming under fire, and not the hideously racist treatment?

We're really got to stop being surprised by this sort of shit.  It isn't new and it isn't isolated.

This is not, you will notice, the same as saying "put up with it". 

[Cain]

https://www.politicshome.com/news/uk/political-parties/labour-party/news/80062/ex-coronation-street-actress-tracy-brabin-heckled

Far-right supporters heckled former soap star Tracy Brabin as she won the Westminster seat vacated by the killing of Labour MP Jo Cox.

As a mark of respect to Ms Cox - who was killed outside a library in the constituency as she prepared to carry out an advice surgery - no mainstream parties stood candidates in the by-election.

Ms Brabin was repeatedly shouted down by supporters of her opponents after the result was announced in the early hours of the morning.

She received 17,506, well ahead of Therese Hirst of the English Democrats, who polled just 969 votes. David Furness of the BNP came third with 548, while independent candidate Garry Kitchin was fourth with 517.

[Cain]

https://www.theguardian.com/politics/2016/oct/22/leading-banks-set-to-pull-out-of-brexit-uk

Britain's biggest banks are preparing to relocate out of the UK in the first few months of 2017 amid growing fears over the impending Brexit negotiations, while smaller banks are making plans to get out before Christmas.

The dramatic claim is made in the Observer by the chief executive of the British Bankers' Association, Anthony Browne, who warns "the public and political debate at the moment is taking us in the wrong direction".

A source close to Brexit secretary David Davis said he and the chancellor Philip Hammond had last week sought to offer reassurance that they were determined to secure the status of the City of London.

However, the government's stated intention to take control of the freedom of movement into the UK is widely recognised among officials to be a hammer blow to any chance of retaining the present terms of trade for banks, particularly given the bellicose rhetoric of major politicians on the continent.

https://www.theguardian.com/politics/video/2016/oct/21/polish-woman-booed-on-question-time-after-describing-discrimination-video

A Polish woman is booed by audience members on BBC1's Question Time when she says she feels no longer welcomed by 52% of British voters who backed Brexit. Speaking on Thursday's programme, filmed in Hartlepool, the woman says she's lived in the England for 23 years and was never discriminated against before the Brexit vote

https://www.theguardian.com/politics/2016/oct/21/no-10-rejects-alain-juppes-threats-to-push-uk-border-from-calais-to-kent

Downing Street has rejected the suggestion from the French presidential hopeful Alain Juppé that he would tear up a treaty with the UK to push back the border for migrants from Calais to Kent.

A source made clear that the prime minister, Theresa May, who has spent two days meeting world leaders at the European council meeting in Brussels, would expect any French leader to maintain the agreement.

Juppé, the current favourite to win the presidency, said he wanted a complete renegotiation of Le Touquet treaty, the deal that keeps border checks and thousands of refugees and migrants on the French side of the Channel.

"We can't tolerate what is going on in Calais, the image is disastrous for our country and there are also extremely serious economic and security consequences for the people of Calais," he said in Paris.

"So the first thing is to denounce the Le Touquet accords. We cannot accept making the selection on French territory of people that Britain does or doesn't want. It's up to Britain to do that job."

[The Wizard Joseph]

 

I've heard of a run on the banks, but NEVER heard of prime banks ditching nations before, much less the fucking UK. That third currency drop might just be on the way, and worse than the first two, as these banks ditch Pounds for euros and the Swiss franc with no intention of coming back.

Ready for the UK to be the new "rogue state" on the block? That sounds like what's happening here. Never would have thought I'd see the day.

[Cain]

This was obvious and forseeable.  The UK was a great place to have a bank due to the City of London secrecy laws, EU common market access and historical Commonwealth links.  Not to mention fortuitous positioning between the American east coast and the Mid East (time zones for business) and historical banking links in China and the Middle East.

Not to mention these banks like to employ the best and brightest, no matter where the fuck they are from. 

The EU vote will have convinced them off the necessity to move, but the post-Brexit racism is likely confirming that as a good decision.  This is the same reason you don't see tech companies setting up in Idaho or Montana, other than the lack of infrastructure.  No-one wants to put their employees in a place where they're going to be shat upon simply for being foreign/different colour skin/not hetrosexual.  Market uncertainty plus intolerance is a deadly cocktail.

[Mesozoic Mister Nigel]

https://www.theguardian.com/politics/2016/oct/22/leading-banks-set-to-pull-out-of-brexit-uk

Britain's biggest banks are preparing to relocate out of the UK in the first few months of 2017 amid growing fears over the impending Brexit negotiations, while smaller banks are making plans to get out before Christmas.

The dramatic claim is made in the Observer by the chief executive of the British Bankers' Association, Anthony Browne, who warns "the public and political debate at the moment is taking us in the wrong direction".

A source close to Brexit secretary David Davis said he and the chancellor Philip Hammond had last week sought to offer reassurance that they were determined to secure the status of the City of London.

However, the government's stated intention to take control of the freedom of movement into the UK is widely recognised among officials to be a hammer blow to any chance of retaining the present terms of trade for banks, particularly given the bellicose rhetoric of major politicians on the continent.

https://www.theguardian.com/politics/video/2016/oct/21/polish-woman-booed-on-question-time-after-describing-discrimination-video

A Polish woman is booed by audience members on BBC1's Question Time when she says she feels no longer welcomed by 52% of British voters who backed Brexit. Speaking on Thursday's programme, filmed in Hartlepool, the woman says she's lived in the England for 23 years and was never discriminated against before the Brexit vote

https://www.theguardian.com/politics/2016/oct/21/no-10-rejects-alain-juppes-threats-to-push-uk-border-from-calais-to-kent

Downing Street has rejected the suggestion from the French presidential hopeful Alain Juppé that he would tear up a treaty with the UK to push back the border for migrants from Calais to Kent.

A source made clear that the prime minister, Theresa May, who has spent two days meeting world leaders at the European council meeting in Brussels, would expect any French leader to maintain the agreement.

Juppé, the current favourite to win the presidency, said he wanted a complete renegotiation of Le Touquet treaty, the deal that keeps border checks and thousands of refugees and migrants on the French side of the Channel.

"We can't tolerate what is going on in Calais, the image is disastrous for our country and there are also extremely serious economic and security consequences for the people of Calais," he said in Paris.

"So the first thing is to denounce the Le Touquet accords. We cannot accept making the selection on French territory of people that Britain does or doesn't want. It's up to Britain to do that job."

This is amazing.

[P3nT4gR4m]

 

[Faust]

Just moved the last of my savings from the UK back to Ireland. I was hoping that things would stabilise and Christmas shopping might push the pound up again, but I can't take the risk of any more bad news.

[Cain]

I think Christmas shopping will be down quite a bit this year.  Between the weakening pound and continuing uncertainty, people won't be able to get previously good deals, and are saving for when shit goes down in March.

[Faust]

I think Christmas shopping will be down quite a bit this year.  Between the weakening pound and continuing uncertainty, people won't be able to get previously good deals, and are saving for when shit goes down in March.

Yeah, selfishly, exploitatively loads of people I know are travelling up the north or flying into London and buying up the cheap gifts for Christmas, but the retailers are saying a price correction on all retail goods is coming in the next few weeks.
I thought we would get past Christmas before that happens, because I thought a lot of people would be very pissed off at a 10-15% price hike on everything right before Christmas, but the retailers are saying they have to, to be able to continue importing.

[Cain]

Yeah, the whole Tesco-Unilever thing is an example of just how quickly this can happen.  Those stores probably don't want to raise their prices, but they can't absorb that big a hit in this financial quarter because they no doubt didn't budget for the loss of sterling purchasing power last financial year.

Yet another thing to thank the Brexiteers for.  Everyone forgot we're an island and so have to import goods.  We're not going to be eating fancy financial products for Christmas, nor burning apps to stay warm.

[The Wizard Joseph]

It messes with me that there's a part of me that is shrieking about the potential profit in seeing the pattern in all this, even as I consciously recoil from its source.

There are fully supported currency markets that trade in tenths of a "pip", or about 1/1000 of 1% of a currency's value, and allow up to 200 FOLD leveraging. This allows for some truly ridiculous ROI if you can call the market, and currecies often have distinct seasons related to holidays, commodity yields, and taxation law. There's definitely a business as usual way to make money, even a legit fortune, trading money for someone willing to take serious but measured risks. I would not mind being such one day, as a means to fund public and private non-profit efforts, when I've grown more and gotten a "real" education.

But there's a part of me that just smells blood in the air and is tired of being hungry. I ignore it because I want to be a good person, but I know that the many like me that can see this happening don't really give a shit. The state of play changed in an exploitable way. Why deny the hard math?

All I have in reply to my darkside is "Because it's wrong." An irrational maxim based on my conscience and understanding of the consequences of this.

I don't know where I'm going with this rant. Guess I just feel conflicted and I'm tired.

[P3nT4gR4m]

All I have in reply to my darkside is "Because it's wrong." An irrational maxim based on my conscience and understanding of the consequences of this.

"because it's wrong" isn't really an issue when shit is this fucked. Right and wrong are a pleasant fiction only if you can afford them. If I gotta turn cannibal, I'll eat the dumb people first. Not because they deserve it but because the rich are too well armed.

[The Wizard Joseph]

All I have in reply to my darkside is "Because it's wrong." An irrational maxim based on my conscience and understanding of the consequences of this.

"because it's wrong" isn't really an issue when shit is this fucked. Right and wrong are a pleasant fiction only if you can afford them. If I gotta turn cannibal, I'll eat the dumb people first. Not because they deserve it but because the rich are too well armed.

That's not far from my personal justification. See the resources are going to move no matter what I do at this point, not that I'm in a position to capitalize right now. I'm kinda glad. Not a lot.

See my mentality would to eat the rich first BECAUSE they're "armed", and so gain their power, worst case scenario for failure being better than or equal to not trying.