Thursday, December 3, 2009

Almost amusing…

Fury as EU creates watchdogs for London

Fears are growing over Britain's future as a world financial centre after the Government agreed to sweeping new European controls over banks, finance houses and insurance firms. Chancellor Alistair Darling was accused of a 'sell out' after signing up to a deal that will mean the creation of three powerful new EU regulators.

Posted by contrails are not a conspiracy (formerly npnh) @ 12:31 PM (2206 views)
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20 thoughts on “Almost amusing…

  • Sell out?

    They can have em!

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  • “”contrails are not a conspiracy” LOL, LOL. Very funny! Declassified now.

    Yes, we have been sold out completely. This can also effect our laws, or more accurately the revenue capacity from those. Watch out!

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  • the number cruncher says:

    I remain very skeptical about the power strucutres of the EU (I am convinced the UK power Structure are dodgy)

    But the E.U. have delived good economic growth and increasing rights and living conditions for its avergae citizens, better than that of the UK governemnt

    The only people who loose out are those that whish to exploit workers and those involved in dodgy financial dealings.

    With this in mind I would love to hear the, considered, counter augments from this HPC’ers who are very much opposed to the E.U.

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  • A very big French mouth. The city has its own sins but still the Europeans seem to be the idiots in this crises. Look arround Sarcozy and see that everyone is in the game of devaluing their currency and what exactly is Europe doing about it?

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  • Commerce with all nations, alliance with none, should be our motto.

    Thomas Jefferson.

    The man who said more with a single sentence than many have attempted through pointless or misguided essays.

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  • krustyatemyhamster says:

    We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness and that they should be content with living manacled in the shed at the end of my garden.

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  • So banks “pull out” of Europe altogether … they would only pull out those portions of the business that would benefit from being pulled out. There would still be institutions taking deposits and lending money to businesses and individuals. Who cares if the casino parts go somewhere else? The argument that they bring in large pots of money by handling other people’s wealth is not a strong one; the wealth “generated” by handling money is really just wealth “syphoned”; a disproportionate amount of that wealth dodges the tax man and ends up in assets that have very little positive effect on the rest of society anyway.

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  • mark wadsworth says:

    They’ll just make things worse, that is more or less guaranteed once the EU get involved. Banks are now even more part of The State then they ever were, and I don’t mean in a benevolent sort of way, more along the lines of the Normans, who stole our land a thousand years ago and have been renting it back to us ever since.

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  • This will drive top talent out to….er….Dubai.

    number cruncher @3 – re the power structures of the EU. The question is to what extent are things decided by the official side – European Council, Council of Ministers, European Parliament , European Commission etc. – rather than by private groups such as the European Round Table (ERT), the European Institute, the EU-Japan Business Round Table, the Trans-Atlantic Business Dialogue, Friends of Europe, the European Financial Services Round Table etc.

    After the Belgian journalist Jan Puype managed to get into a meeting of the European Round Table (ERT) he said the following in an interview with the Dutch magazine Solidair.

    Solidair : In your book you describe how ERT chairman Gerhard Cromme (Krupp-Thyssen, Council on Foreign Relations) teaches European Commission Chairman Romano Prodi a lesson for criticising the United States.

    Puype : I thought I was hallucinating. Prodi was put in his place like a little kid. It became even more remarkable when (Prodi) started to speak himself. He held a speech like “friends, I will not do it again and I will be good from now on”.

    You can’t say the ERT decides everything that goes on in Europe, but its influence is enormous. It has a very effective way of lobbying. Its members write papers on the direction Europe should be going in terms of the environment, competition, technology etc. (Then) the machine starts running. The club (ERT) sends out a team of delegates consisting of the most important members of the European Commission. Individual members take the messages to their national governments. The ERT thinks very pro-actively. It is often the first to work on certain issues. The introduction of the single currency, the Maastricht Treaty, the Channel Tunnel, the EU’s expansion to the east; that all started at the ERT.

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  • mark w @ 8. “The Normans..stole our land and have been renting it back to us ever since”.

    Agricola first laid waste the land. Then he displayed to the natives his moderation. (Tacitus)

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  • mark wadsworth says:

    Icarus, do you have a link to that?

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  • mark wadsworth says:

    Icarus, I mean to the ERT stuff, not Tacitus.

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  • mark wadsworth says:

    Icarus, thanks, but that appears to be a Zionist conspiracy website, and it links through to the interview elsewhere but that is all Dutch, which I can just about read but it’s hardly something I can stick on my ‘blog.

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  • Mark W – did you just see Clive Anderson on Question Time? Celebrity LVT supporter!

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  • 9. crunchy,

    Thanks for the youtube link. The playboy Sarcozy has no clue about the new world arrangements and it is too soon to call the French model a success. But I remember a funny story when the Europeans announced a search engine in the making to compete with Google. Hopefully we will not end up with a similar finance story.

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  • 17. mander, When Bernanke gets the boot and the Fed is finally audited and as a result ended, that will be a new dawning.

    Funny how you use the term playboy. It’s near enough.

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  • mark w @ 15. Zionist conspiracy website? Most of the influential old-boys clubs it investigates are anything but Zionist or even Jewish.

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  • mw: “They’ll just make things worse, that is more or less guaranteed once the EU get involved”

    Anyone’d think you were a supporter of UKIP.

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