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Thread: Learning from Britain’s Unnecessary Crisis

  1. #11
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    For those who think the economy isn't global

    Quote Originally Posted by Cigar View Post
    Somewhere in Britain

    ... a 55 years old just saw his Pension and Retirement saving go Poof and an that 18 year old Geographic Job prospects decrees by 28

    You Order it, you Eat It
    Dow Jones Industrial Average

    INDEXDJX: .DJI - Jun 27, 11:36 AM EDT
    17,136.51 -264.24 (1.52%)
    Last edited by Bo-4; 06-27-2016 at 10:40 AM.

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    Common's Avatar Senior Member
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    Quote Originally Posted by Cigar View Post
    One of the few good things about Britain’s vote to leave the European Union is the rich curriculum of lessons it offers leaders and electorates in other democracies. History is unlikely to be kind to British Prime Minister David Cameron. Last week’s referendum was not the product of broad popular demand. Cameron called it to solve a short-term political problem and get through an election. His Conservative Party was split on Europe and feared hemorrhaging votes to the right-wing, anti-Europe, anti-immigrant U.K. Independence Party (UKIP).


    Cameron figured that kicking his troubles down the road by promising a future plebiscite on Europe could make them go away. Instead, he turned a normal electoral challenge into a profound crisis that could lead to the breakup of his country while threatening Europe’s future. The devastating complaint of Martin Schulz, the president of the European Parliament: “A whole continent is taken hostage because of an internal fight in the Tory party.”


    Don’t trash democracy or the voters. Where complicated choices are involved — and Brexit defines complexity — leaders in representative democracies need the guts to make hard calls and submit themselves to voters afterward. They should not use referendums purely to evade responsibility. Ethno-nationalism is on the rise across Europe, and this vote will only intensify the trend. But in so many nations, including our own, technological change, globalization and financialization force the left-out to stare at prosperity from a great distance. In their justified frustration, they often see immigration as of a piece with the other changes in the world that they deplore.

    Responsible officials should always be ready to denounce racism. But their job description also requires them to provide realistic policy answers to quell the rage. If center-right and center-left politicians fail to do this, their parties will remain suspect. Yet if Britain’s vote is understandable, it’s also a cause for sadness. It’s a vote against a more open world and a rejection of the idea that democracies can actually gain power by pooling sovereignty and seeking goals in common.

    https://www.washingtonpost.com/opini...ecb_story.html
    Racism ?? now if you dont like muslims your a racist ?? How about if I dont like irishman is that racist now too. ? I think the best way for me to be clear on how I feel about muslims is to say $#@! them.
    LETS GO BRANDON
    F Joe Biden

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    Truth Detector (06-27-2016)

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    Quote Originally Posted by Dangermouse View Post
    No racism here, nothing to see...
    NOPE


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    Dangermouse (06-27-2016)

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    Quote Originally Posted by Cigar View Post
    Somewhere in Britain

    ... a 55 years old just saw his Pension and Retirement saving go Poof and an that 18 year old Geographic Job prospects decrees by 28

    You Order it, you Eat It
    I just can't wait for that to happen here to Government cubicle rats.
    We must have the clarity of vision to see the difference between what is essential and what is merely desirable, and then the courage to bring our government back under control and make it acceptable to the people. - Ronald Reagan, 1980 Nomination Acceptance Speech

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    Quote Originally Posted by Truth Detector View Post
    LMAO @ "unnecessary crisis". Now that is some gunny azzed crap there.

    Yep; in big statist Fascist land, we can't have the sheeple getting out of control and wanting to take things in their own hands. Sieg Heil!
    Its typical washington post liberal bull$#@!

    anyone who opposed unlimited immigration from radically forein cultures is - according to liberal wackos - a racist.

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    Quote Originally Posted by Bo-4 View Post
    Dow Jones Industrial Average

    INDEXDJX: .DJI - Jun 27, 11:36 AM EDT
    17,136.51 -264.24 (1.52%)
    It is amusing to see economic dimwits look at the irrational stock market as an economic indicator.

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