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Suntan Sid
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PostPosted: 20:43 - 11 Jun 2016    Post subject: The EU Billions? Reply with quote

Much is being made of the billions of £'s the UK will "save" should there be an out vote!
Obviously you have to take this with a pinch of salt, a politicians lips are moving lies are inevitably eminating.

Will the man on the Clapham omnibus ever see a penny of these savings, whether that be in lower taxes, a cash infusion into infrastructure etc. etc?

Or, as per usual, will the EU billions somehow, magically, disappear into the pockets of various pillars of the community, like Phillip Green, or the shareholders of the contractors for HS2, or any of the other dodgy PFI type bollox, (that the government uses to pay off their party donors), were the money will disappear off to the Cayman Islands, never to be seen again within the bounds of the UK?

I'm thinking the second option seems highly likely.
The chances of ordinary people in the UK seeing any benefit whatsoever amounts to the square root of fcuk all.
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Itchy
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PostPosted: 20:54 - 11 Jun 2016    Post subject: Reply with quote

The problem is the UK is a rent seeking economy rather than a value adding economy.

This is why the Buy to Let is so big in the UK. It is also why the archaic thing called Leasehold still exists in the UK.

Therefore if people have extra money in their pocket all that will happen is that the rentier costs will simply increase and soak up all the extra floating money diverting more of the pie to themselves.

In order to make real change there needs to be a swap to a value adding society so that the pie grows bigger for everybody.


Plus a lot of things the UK government will not fund if the EU doesn't fund them. Adult education is one of them. Last year there was a 50million cut to the JCP fund where unemployed people had basic literacy, maths and ICT paid for by the UK SFA fund. This improved their job prospects.

If the government isn't willing to fund them now. Will they be willing to fund them a departure? Therefore the man in the street loses access.
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Im-a-Ridah
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PostPosted: 21:16 - 11 Jun 2016    Post subject: Re: The EU Billions? Reply with quote

Suntan Sid wrote:
Much is being made of the billions of £'s the UK will "save" should there be an out vote!
Obviously you have to take this with a pinch of salt, a politicians lips are moving lies are inevitably eminating.

Will the man on the Clapham omnibus ever see a penny of these savings, whether that be in lower taxes, a cash infusion into infrastructure etc. etc?

Or, as per usual, will the EU billions somehow, magically, disappear into the pockets of various pillars of the community, like Phillip Green, or the shareholders of the contractors for HS2, or any of the other dodgy PFI type bollox, (that the government uses to pay off their party donors), were the money will disappear off to the Cayman Islands, never to be seen again within the bounds of the UK?

I'm thinking the second option seems highly likely.
The chances of ordinary people in the UK seeing any benefit whatsoever amounts to the square root of fcuk all.


I'm amazed at how confusing people are getting about something so simple.

£350 million per week. This is the amount the UK government sends of British Taxpayers money to Brussels to fund the EU

£180 million ish is the net contribution the UK makes every week to the EU once subsidies and rebates have been subtracted.

So when the UK leaves the EU, the UK budget contribution will be zero. Assuming the UK continues to pay for farm subsidies etc in the UK then the UK has £180 million ish extra each week to spend.

It's central government money, it's not a saving made by companies. Savings from more efficient regulation are not included in this figure, that figure is much larger but also much harder to pin down.
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CaNsA
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PostPosted: 21:29 - 11 Jun 2016    Post subject: Reply with quote

Itchy wrote:
The problem is the UK is a rent seeking economy rather than a value adding economy.

This is why the Buy to Let is so big in the UK. It is also why the archaic thing called Leasehold still exists in the UK.


I think you will find that most of Europe rent instead of buying.
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stinkwheel
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PostPosted: 09:51 - 12 Jun 2016    Post subject: Reply with quote

I'm absolutely sure the same amount of money will be taken in taxes.

It's just a decision of if you want our politicians to squander it here or for it to be frittered away across the EU.
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Rob Fzs
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PostPosted: 10:58 - 12 Jun 2016    Post subject: Reply with quote

if you want to go on about the lost millions, just check out how much MEP's earn and their expenses and the amount it costs to move the parliament between brussels and strasbourg every month, the whole thing is corrupt, just look at the accounts, they struggle to get them fully signed off when 3/ 4% is down to pure corruption, who would want that?!
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Jewlio Rides Again LLB
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PostPosted: 11:24 - 12 Jun 2016    Post subject: Reply with quote

Don't forget, it pays darling Nige, Paul Nutter MEP, et Al a handsome wage for doing fuck all.

The dole wouldn't pay them as well. Thumbs Up Got to keep them in their luxury lifestyles, private plates, etc.
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dydey90
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PostPosted: 11:56 - 12 Jun 2016    Post subject: Reply with quote

Leasehold on houses may be archaic, but it's a requirement on flats due to common areas. My better half works in property law and has told me before about mortgages for flats being knocked back because of all the extra legal hassle if they're on a freehold.
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Rob Fzs
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PostPosted: 12:09 - 12 Jun 2016    Post subject: Reply with quote

Jewlio Rides Again wrote:
Don't forget, it pays darling Nige, Paul Nutter MEP, et Al a handsome wage for doing fuck all.

The dole wouldn't pay them as well. Thumbs Up Got to keep them in their luxury lifestyles, private plates, etc.


So vote leave and put them out of a job, or vote remain and get farage etc on steroids Thumbs Up
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Suntan Sid
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PostPosted: 12:29 - 12 Jun 2016    Post subject: Reply with quote

Im-a-Ridah wrote:
It's central government money, it's not a saving made by companies.


I'm fully aware of that!

However, I'm too old and too cynical to believe any 'savings', (or whatever you'd like to call it), made on not making EU contributions, will ever trickle down to ordinary people.

Surely, after an out vote, would be a good time to repeal the 'special' 20% 'austerity' VAT rate, introduced in the 'emergency' budget of 2010 and bring it down to pre austerity levels, after all it was announced as a temporary, emergency measure at the time.

Any money supposedly being 'pumped' into the NHS will be used to pay for KPMG, Deloitte, (or whichever firm of shysters the government currently use), to evaluate it before the sell off.

The government have had plenty of time to devise plenty of new schemes to ensure public monies are efficiently funnelled to their mates/benefactors in the private wealth sector, it's not like they haven't done it before! There's still a mountain of PFI debt to pay off, you've gotta get your priorities right!

IMO, anyone expecting anything other than the current status quo as far as government tax/spend is concerned, is going to be severely disappointed.
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Jewlio Rides Again LLB
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PostPosted: 12:40 - 12 Jun 2016    Post subject: Reply with quote

Rob Fzs wrote:
Jewlio Rides Again wrote:
Don't forget, it pays darling Nige, Paul Nutter MEP, et Al a handsome wage for doing fuck all.

The dole wouldn't pay them as well. Thumbs Up Got to keep them in their luxury lifestyles, private plates, etc.


So vote leave and put them out of a job, or vote remain and get farage etc on steroids Thumbs Up


You mean he'll shout even more loudly about doing absolutely fuck all?
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charlie74
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PostPosted: 15:28 - 12 Jun 2016    Post subject: Reply with quote

IMHO, anyone voting based on just the financials shouldn't bother voting in oolitical votes

if Money is the prime motivator, buy 1 share in each of the major banks and spend your time attending the AGM's and asking them, buy enough and you can influence that too

money especially at this level will always be squandered, even more so when controlled by salaried protected jobsworths, where it is allocated by committee, subject to reviews, and lengthy( and expensive) consultations and with a bias to suit local/national political agenda's
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RhynoCZ
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PostPosted: 16:17 - 12 Jun 2016    Post subject: Reply with quote

CaNsA wrote:
Itchy wrote:
The problem is the UK is a rent seeking economy rather than a value adding economy.

This is why the Buy to Let is so big in the UK. It is also why the archaic thing called Leasehold still exists in the UK.


I think you will find that most of Europe rent instead of buying.


Not true, although you do not find my home country a part of Europe that would matter. Slavs buy stuff, Germans (and other nationals) rent it. If I stay in Czech rep. and Germany, the number of Czechs actually owning (even if on mortgage) the houses/flats they live in is far greater than the numbers of Germans owning stuff. And it's not just the real-estate, we want to own everything we use/have. Thumbs Up
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Sload
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PostPosted: 16:28 - 12 Jun 2016    Post subject: Reply with quote

Not sure why you got negged for that one Sid, still all interesting points to consider Thumbs Up
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Itchy
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PostPosted: 16:50 - 12 Jun 2016    Post subject: Reply with quote

CaNsA wrote:
I think you will find that most of Europe rent instead of buying.


RhynoCZ wrote:
Not true, although you do not find my home country a part of Europe that would matter. Slavs buy stuff, Germans (and other nationals) rent it. If I stay in Czech rep. and Germany, the number of Czechs actually owning (even if on mortgage) the houses/flats they live in is far greater than the numbers of Germans owning stuff. And it's not just the real-estate, we want to own everything we use/have. Thumbs Up



When I say rent seeking I don't mean renting homes although this plays a part.

I mean economic rent.

Whereby rather than adding value, innovating in order to create wealth.

Individuals seek to divert wealth to themselves without adding to it.

It is a monopoly of access to physical, financial or intellectual property, and gaining from it without contributing to society.
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Pigeon
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PostPosted: 17:19 - 12 Jun 2016    Post subject: Reply with quote

The deficit might get paid down a little, but then there will be another banking crisis, they will get bailed out/in again and the money will vanish into the private sector.


Presumably some of the money will the soaked up by a new government department / expansion of current one to put together trade deals etc
This will probably involve many bribes and a large increase in our foreign aid budget. I wonder how much will go to European nations... Rolling Eyes
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Im-a-Ridah
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PostPosted: 17:39 - 12 Jun 2016    Post subject: Reply with quote

Jewlio Rides Again wrote:
Don't forget, it pays darling Nige, Paul Nutter MEP, et Al a handsome wage for doing fuck all.

The dole wouldn't pay them as well. Thumbs Up Got to keep them in their luxury lifestyles, private plates, etc.


Nigel does a lot more than you do Laughing

He spends very little time with his family and children, which he admits is his biggest regret of being the UKIP leader.
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Jewlio Rides Again LLB
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PostPosted: 17:59 - 12 Jun 2016    Post subject: Reply with quote

I'm not getting paid by the EU when I do nothing but complain about it. Thumbs Up

If he's that arsed, he would have stood down and stayed out when he got defeated in the election. Y'know, like he said he would? Laughing another politician who goes back on his word Laughing Laughing
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Im-a-Ridah
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PostPosted: 18:04 - 12 Jun 2016    Post subject: Reply with quote

Jewlio Rides Again wrote:
I'm not getting paid by the EU when I do nothing but complain about it. Thumbs Up

If he's that arsed, he would have stood down and stayed out when he got defeated in the election. Y'know, like he said he would? Laughing another politician who goes back on his word Laughing Laughing


I'm sure when you've been elected in four national elections in a row (1999, 2004, 2009, 2014) then Nigel Farage might take some tips from you. But until then? Nahh Wink Laughing

Farage is worth every penny. At double the salary he's a bargain.
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Jewlio Rides Again LLB
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PostPosted: 20:18 - 12 Jun 2016    Post subject: Reply with quote

Im-a-Ridah wrote:

I'm sure when you've been elected in four national elections in a row (1999, 2004, 2009, 2014) then Nigel Farage might take some tips from you. But until then? Nahh Wink Laughing

Farage is worth every penny. At double the salary he's a bargain.


And if you believe that, you can't really complain about MP's who claim expenses left right and centre then. Thumbs Up

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scorps
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PostPosted: 09:10 - 13 Jun 2016    Post subject: Reply with quote

Nigel Farage is basically talking himself out of a job if we vote out and he knows that. I admire the bloke for not being afraid to say it how it is.

When you moan about MPs expenses, take a minute out to think about how over 10,000 employees in the European Parliament buildings earn more than our prime minister does, the fact that they have cash thrown at them for just about everything and a nice big posh shopping mall with all the designer names and amenities that your plebs on the streets are not allowed to enter.

Of course they dont want us to leave, if we do, others will follow and who are they going to milk for money if everyone realises how we are being shafted.

I got into a debate over the past month with a remainer friend who has not come back at me after I suggested watching brexit the movie, havent heard from him since actually.
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Ribenapigeon
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PostPosted: 14:24 - 13 Jun 2016    Post subject: Reply with quote

Fact is, in or out of the EU we just don't have enough revenue. The cost of achieving the kind of civilization we imagine for ourselfs is way more than we raise in revenues. https://www.ukpublicrevenue.co.uk/uk_national_revenue_analysis

We have an aging society, industry requires less and less people to be productive and services and infrastructure becomes more and more expensive. No party wants to levy higher taxes or excise duties and nobody wants to pay them anyway. We're fucked.
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Ribenapigeon
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PostPosted: 14:30 - 13 Jun 2016    Post subject: Reply with quote

scorps wrote:
Nigel Farage is basically talking himself out of a job if we vote out and he knows that. I admire the bloke for not being afraid to say it how it is.

When you moan about MPs expenses, take a minute out to think about how over 10,000 employees in the European Parliament buildings earn more than our prime minister does, the fact that they have cash thrown at them for just about everything and a nice big posh shopping mall with all the designer names and amenities that your plebs on the streets are not allowed to enter.

Of course they dont want us to leave, if we do, others will follow and who are they going to milk for money if everyone realises how we are being shafted.

I got into a debate over the past month with a remainer friend who has not come back at me after I suggested watching brexit the movie, havent heard from him since actually.


Nige is an independently wealthy guy, he's not sacrificing himself by lobbying himself out of his EU post. I do respect he's a proper euro-sceptic though and not a band wagon rider like floppy haired comedy posh porker is.

Of course those eurocrats earning more than "Dave" may actually do a better job than he does Laughing
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Fowlersrs
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PostPosted: 12:38 - 14 Jun 2016    Post subject: Reply with quote

Ribenapigeon wrote:
Fact is, in or out of the EU we just don't have enough revenue. The cost of achieving the kind of civilization we imagine for ourselfs is way more than we raise in revenues. https://www.ukpublicrevenue.co.uk/uk_national_revenue_analysis

We have an aging society, industry requires less and less people to be productive and services and infrastructure becomes more and more expensive. No party wants to levy higher taxes or excise duties and nobody wants to pay them anyway. We're fucked.


This is what I come back round too. I think 10-20 years ago before most worthwhile industry left the UK we would have a realistic brexit chance..

Do we now have enough to do it, is the UK population enthusiastic enough to give a shit. Sad times
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Val
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PostPosted: 12:42 - 15 Jun 2016    Post subject: Reply with quote

Actually for each £1 one pound the UK gets back £10:

https://www.facebook.com/BrickwallUK/videos/1172193309466208/

INB4

The leave vote is not related to any facts about immigration or economics or common sense whatsoever. You can't win an argument with Trump, Farage or Boris for that matter.

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