EU referendum/Brexit discussion - Part 2

[Ootohere]

Crapping themselves over a Banking crash, run on the Pound etc etc. Money Market and probably even North Korea can cause the crash.

Not actually enough money in the vaults or gold or the ability to borrow on the hour that the UK leaves the EU and the sh!t can hit the fan as it is all false accounting really, EU as the UK.

 

Ireland can crash as well, again.

Just lost No.2 head of State.   Dodgy dealing country as well, so much Exports, so many imports to have that exports.

Edited 28 November, 2017 by AwaoffSki

[lol-lol]

Just now, AwaoffSki said:

Crapping themselves over a Banking crash, run on the Pound etc etc. Money Market and probably even North Korea can cause the crash.

Not actually enough money in the vaults or gold or the ability to borrow on the hour that the UK leaves the EU and the sh!t can hit the fan as it is all false accounting really, EU as the UK.

 

The scenario had the pound at parity with the USD, holy cow.   What that would do to inflation etc, it would be back to the ERM days of double digits.  At some point there will be a whole lot of hedging/shorting going on.    

 

[Ootohere]

http://bbc.co.uk/news/world-europe-42153636 

 

Did you see those raids last week, cars, money etc seized.  Organised Crime,

 

Happens everyplace, seems to be on a big scale in the Republic of Ireland, easy into the country easy out with goods and money.

Such an easy / open border for a Euro zone country not in the Schengen Area.

Over 50 gardaí to be interviewed in Killarney corruption inquiry.mhtml

Edited 28 November, 2017 by AwaoffSki

[@Lee]

What are the Citizens Advice Bureau there?

[Ootohere]

Criminal Assets Bureau

 

Serious stuff having your bathroom seized,.

Edited 28 November, 2017 by AwaoffSki

[lol-lol]

Sometimes the "authorities" are not anywhere near the abilities of the criminal such as the London City Bond episode a few years ago (£2B worth).......

 

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How 'The Swerve' beat Customs

HMCE is one of the most powerful UK law enforcement agencies     In the early 1990s a simple, but highly effective, scam ended up costing the treasury hundreds of millions in lost revenue as one warehouse became the centre of a black market spirits trade on a massive scale. But HMCE's efforts to stop it proved disastrous. As the BBC's Panorama programme reveals, HMCE's decision to go after those making millions from the fraud, rather than shut it down at source, was to cost the Treasury an estimated £2 billion in lost revenue and, more crucially would lead to Customs losing both their reputation in the courts and their powers to prosecute.

 

http://news.bbc.co.uk/1/hi/programmes/panorama/4376555.stm 

 

How it worked

In the early 1990s a group of fraudsters spotted that the new European border controls meant they could exploit the bonded warehouse system and evade duty on alcohol. The focused their activities around one warehouse in particular, the London City Bond (LCB), in the East End of the city.  Bonded warehouses are part of a system which allows alcohol to be bought and sold without duty being paid. They realised that all they needed was a lorry, a driver and fake paperwork to show that the alcohol was going to another bonded warehouse somewhere in Europe, for example Spain.     Once the alcohol had left the warehouse they could then divert it from its declared route and sell it on in the UK market, thus making a massive profit by pocketing the huge sums that should have accounted for tax. Panorama reporter Andy Davies explains with the example of one bottle of whiskey.

 In the cash and carry it'll cost you £10.80. Of that over £7 accounts for the tax. Now take 17,000 of these bottles, load them onto a lorry, swerve them onto the black market and we, the tax payers, have just lost over £100,000. 

John Early, a south London haulier who took part in the swerve, helping dodge £35 million in duty, says  "I think it would be fair to say that we moved close on a hundred loads a week before I finished working."    By the mid-1990s the fraud was worth tens of millions and Customs needed to step in and put a stop to it but their actions would only serve to worsen the situation.  Leaving the door open  Instead of immediately disrupting the fraud by arresting the drivers, Customs National Investigation Service (NIS) decided that it wanted to catch the major criminals behind the swerve rather than those moving the goods. As Allan Brown, a former customs officer who worked for the NIS describes it

 We were told that was the philosophy. You're wasting your time effectively arresting people in white vans selling cigarettes around pubs. That's more of a control problem. Your job is to go after the principals, to attack the very top of the organisations.      It was open season at London City Bond as the controls were relaxed and the fraud flowed freely. According to haulier John Early:   "They couldn't have made it any easier because what did they do to try and stop us? They did absolutely nothing to stop the diversion, they simply encouraged it, sucked people into it, and spat them out again eventually."  A situation, according to defence lawyer Matthew Frankland, that risked creating crime.   "By completely opening the door and completely relaxing any control, you effectively created an industry that at one stage was worth £10 million, but was now worth £500 million a year. Now that's not targeting an existing criminal enterprise, it's creating one."     This involved using the warehousekeeper, Alf Allington, who was well aware of who was involved in the scamas an "informant", turning a blind eye to the fraud going in front of them while they ran surveillance operations in an attempt to catch those running the operations. Usually Allington would have been liable for any tax losses but, with a nod and a wink, Customs let him know he wouldn't have to pay for any losses.  By 1996, according to an audit, looking at cases actually investigated, at least £100 million had been lost through LCB and similar warehouse frauds. By mid-1997 it is estimated that over £300 million in revenue had escaped through the doors of LCB and other warehouses nationwide. Business was booming and LCB had to open additional premises to cope with the demand.  According to the audit of cases investigated £640 million had been lost. But according to figures estimated by Jan Wanstall, a senior customs official who had voiced her doubts about the way in which the LCB investigation was being carried out, the figures are considerably higher.    

The estimated cost of The Swerve at London City Bond At its height 9 out of 10 lorries were fraudulent Equivalent per day: £5.4 million in lost revenue Total cost: almost £2 billion at LCB alone

She estimates that, at the height of the scam, 90 out of every 100 lorries leaving LCB was fraudulent, meaning that by her calculations £5.4 million a day was being lost in revenue. That would mean that potentially the revenue lost could be almost £2 billion through LCB alone. 

[S00perb]

Did someone say WE had EU over a barrel? OR did the EU say BEND OVER and we said - HOW FAR?

Quote

UK and EU agree Brexit divorce bill that could reach £57bn

 

 

 

Do the brexiteers REALLY think this is worth £57bn? Come on - just think of where that money could be spent - ummmm - like the NHS (hmm, good thing to have on the side of as bus that - "Brexit will only cost us £57bn of NHS money")

 

And why are we paying? - so that we can get as close a deal to WHAT WE ALREADY HAVE!!!!!

 

This is turning into the most expensive referendum in world history.

Brexit means Brexit and we will uphold the referendum - it just may cost a bit to end up where we started.

 

 

Edited 28 November, 2017 by S00perb

[S00perb]

And David 'I'm the best negotiator you have' Davis has to be hiding MORE costs:

 

Quote

David Davis faces 'contempt of Parliament' charge as he refuses to release full Brexit impact papers

https://www.yahoo.com/news/david-davis-faces-apos-contempt-193548237.html

David Davis risks being held in “contempt of Parliament” after a row erupted over his refusal to release documents setting out the economic impact of Brexit.

The cabinet minister will now be forced to appear before a Commons committee of MPs next week to explain why he has failed to hand over the papers – despite a vote in Parliament demanding their release.

 

Must be bad if he is risking that!!

[@Lee]

Quote

UK bows to EU demands with breakthrough offer on Brexit bill
Britain agrees to total liabilities worth €100bn but will aim to pay less than half

At todays exchange rate that's about........................ £100B isn't it? 
https://www.ft.com/content/cabf22e2-d462-11e7-8c9a-d9c0a5c8d5c9?segmentid=acee4131-99c2-09d3-a635-873e61754ec6

[S00perb]

They had best get on with paying that before the exchange rate gets worse!

[@Lee]

Quote

Theresa May reveals how her faith in God gives her confidence she is 'doing the right thing'

Isn't that what fundamentalists think to themselves right before blowing themselves up 
http://www.independent.co.uk/news/uk/politics/theresa-may-reveals-how-her-faith-in-god-makes-her-certain-she-is-doing-the-right-thing-a7442616.html

[lol-lol]

2 hours ago, Lee01 said:

Isn't that what fundamentalists think to themselves right before blowing themselves up 
http://www.independent.co.uk/news/uk/politics/theresa-may-reveals-how-her-faith-in-god-makes-her-certain-she-is-doing-the-right-thing-a7442616.html

 

 

 

[Ryeman]

3 hours ago, Lee01 said:

Isn't that what fundamentalists think to themselves right before blowing themselves up 
http://www.independent.co.uk/news/uk/politics/theresa-may-reveals-how-her-faith-in-god-makes-her-certain-she-is-doing-the-right-thing-a7442616.html

So much for the separation of powers between church and state then.

[skomaz]

3 hours ago, Lee01 said:

Isn't that what fundamentalists think to themselves right before blowing themselves up 
http://www.independent.co.uk/news/uk/politics/theresa-may-reveals-how-her-faith-in-god-makes-her-certain-she-is-doing-the-right-thing-a7442616.html

 

it may be but its also what a surprising number of politicians seem to use in thier reasoning...   Blair, Corbyn, Fallon, Cameron to name a few...   Trump too...

 

it makes you wonder why politics seems to draw those with a religious bent.

[Ootohere]

The UK Prime Minister is out doing deals with the various Leaders that will buy UK weapons to kill and maim the innocent in the likes of Yemen, and that will 

train and arm the Terrorists that want to bring down Governments like that in the UK and other countries that have special friendships when they want something but that are despised and their enemy.

 

Theresa May MP is quite a hypocrite and pathetic really with rather suspect morals.

All about the money, all about lies really.

Edited 29 November, 2017 by AwaoffSki

[Ryeman]

There is only one admitted atheist in the U.S. Congress.     All the rest believe in a god of some sort..........if you want to be (re)elected.    I don’t recall pictures of Trump attending church on Sunday.

 

[gadgetman]

Awkward 

http://www.lbc.co.uk/radio/presenters/nigel-farage/brexiteer-tells-nigel-farage-id-now-vote-remain-be/

[KenONeill]

@Ryeman - You are aware that the UK has an established state religion?

[Ryeman]

Just now, KenONeill said:

@Ryeman - You are aware that the UK has an established state religion?

Frofiteering ?.

[lol-lol]

2 hours ago, KenONeill said:

@Ryeman - You are aware that the UK has an established state religion?

 

Since 1534.  UK Monarchy ie Henry 8th, wanted to swap wives, killed the ones he could get away with, so invented his own religion, great foundation no.

 

 

 

Edited 30 November, 2017 by lol-lol

[lol-lol]

It is not all bad news........

 

[CWARD]

19 minutes ago, lol-lol said:

It is not all bad news........

 

 

 

Did they blame Brexit?

[KenONeill]

@lol-lol @CWARD - The good news would be if that kick up is a dead cat bounce!

[CWARD]

Unfortunately not. Slump in share price due to write off of three US subsidiaries within the group. Can still live in hope along with a few other newspapers following them. 

[Ootohere]

? What is the established religion of the United Kingdom of Great Britain and Northern Ireland is it Christianity?