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UK REFERENDUM

Everything related to politics in Cyprus and the rest of the world.

SHOULD THE UK STAY IN OR GO OUT OF THE EU

Poll ended at Tue Mar 01, 2016 9:01 pm
Note: Your vote in this poll is NOT confidential. Your username will be displayed under the option(s) you select

STAY IN
5
50%
 
erolz66, miltiades, RichardB, skyvet, Tim Drayton
COME OUT
5
50%
 
GreekIslandGirl, Paphitis, Robin Hood, Sotos, Zenon33
 
Total votes : 10

Re: UK REFERENDUM

Postby Paphitis » Tue Feb 23, 2016 2:52 pm

Lordo wrote:
Paphitis wrote:
Lordo wrote:
Paphitis wrote:And just so that we are very clear, I don't mind a nice little union between Greece and the UK. The UK has not done anything to Greece and if anything, the Brits should be very proud of themselves for sticking it to the disgusting EU and for even supporting Greece. Its all the disgusting bureaucrats in Strasbourg I have an issue with.

Im rooting for the UK on this one.

uk objects to sending 20 pounds a week to a hungarian child as his father works in the uk and you think uk will in anyway help greace. dream on.


Sorry but I find that difficult to believe that the UK would object to any such thing.

But that is not what I meant. Britain had a whole lot more respect for Greece that the Germans and Scandinavians did. The UK has done nothing to Greece, unlike the so called EU "partners" on the continent.

Greeks are a very proud people. You won't see them have their hounds out begging for money. They have been through tougher situations fighting the NAZIs and fascist Ottoman Turks in order to kick them out of their country.

may i suggest you read some news before posting gavole. what the hell were all the negotiations in the kast few weeks the kunteron was negotiating in the eu ffs


Greece has been blackmailed for far too long.

Unfortunately, Greece has never had a Government with the balls to tell the arseholes to FUCK OFF.

I said it before and I will say it again, sometimes a JUNTA is needed! The only time Greece actually has a Government that will actually die for the land.

Democracy can be so over rated mate, especially when you cant put the bread and butter on the table for your family. It's all about priorities and the ballot box goes down the list during such desperate times.

At least with a JUNTA, I may still not be able to put bread and butter on the table and provide for the family for a while, but I would have hope because these henchmen will not allow the country to be disrespected the way it was.
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Re: UK REFERENDUM

Postby Lordo » Tue Feb 23, 2016 4:17 pm

you have no idea what junta did between 67 and 74. they are assholes that should have been shot for crimes against decent greaks.
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Re: UK REFERENDUM

Postby Paphitis » Tue Feb 23, 2016 4:29 pm

Lordo wrote:you have no idea what junta did between 67 and 74. they are assholes that should have been shot for crimes against decent greaks.


The last few Greek Governments which were elected should also be shot for crimes against Greeks!

What's this thing about decent Greeks?
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Re: UK REFERENDUM

Postby miltiades » Thu Feb 25, 2016 9:52 am

Latest bookmakers odds on the UK referendum have the " IN" at 2/5 , which means if you bet £500 you will make a profit, less tax of £200. Unless you pay the tax up front.
The " OUT" odds at 9/4 which means that if you bet the same amount ie £500 you will make a profit of £1125 less tax.

Im no longer a gambling man but my money, if I was, would go on the " IN" campaign.

Also interesting are the odds offered by UK bookmakers on the US Presidential election.
Hilary Clinton way ahead with 8/11. Donald Trump at 5/2 and Rubio at 11/2.
Looks like the bookies have Clinton favourite to become the next US President.
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Re: UK REFERENDUM

Postby Tim Drayton » Thu Feb 25, 2016 11:34 am

miltiades wrote:Latest bookmakers odds on the UK referendum have the " IN" at 2/5 , which means if you bet £500 you will make a profit, less tax of £200. Unless you pay the tax up front.
The " OUT" odds at 9/4 which means that if you bet the same amount ie £500 you will make a profit of £1125 less tax.

Im no longer a gambling man but my money, if I was, would go on the " IN" campaign.

Also interesting are the odds offered by UK bookmakers on the US Presidential election.
Hilary Clinton way ahead with 8/11. Donald Trump at 5/2 and Rubio at 11/2.
Looks like the bookies have Clinton favourite to become the next US President.


I think you'll find that they have done away with betting tax in the UK - unless it has been reintroduced recently.
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Re: UK REFERENDUM

Postby Tim Drayton » Thu Feb 25, 2016 11:35 am

On a more serious note, it is curious that the betting market on the referendum is so out of step with the polls, the latter suggesting that it is much closer.
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Re: UK REFERENDUM

Postby Tim Drayton » Thu Feb 25, 2016 12:04 pm

miltiades wrote:Latest bookmakers odds on the UK referendum have the " IN" at 2/5 , which means if you bet £500 you will make a profit, less tax of £200. Unless you pay the tax up front.
The " OUT" odds at 9/4 which means that if you bet the same amount ie £500 you will make a profit of £1125 less tax.

Im no longer a gambling man but my money, if I was, would go on the " IN" campaign.

Also interesting are the odds offered by UK bookmakers on the US Presidential election.
Hilary Clinton way ahead with 8/11. Donald Trump at 5/2 and Rubio at 11/2.
Looks like the bookies have Clinton favourite to become the next US President.


I see you can get as much as 14/1 in places on Bernie Sanders:
http://www.oddschecker.com/politics/us- ... 016/winner

In my book, that's a good bet.
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Re: UK REFERENDUM

Postby miltiades » Thu Feb 25, 2016 12:57 pm

Tim Drayton wrote:
miltiades wrote:Latest bookmakers odds on the UK referendum have the " IN" at 2/5 , which means if you bet £500 you will make a profit, less tax of £200. Unless you pay the tax up front.
The " OUT" odds at 9/4 which means that if you bet the same amount ie £500 you will make a profit of £1125 less tax.

Im no longer a gambling man but my money, if I was, would go on the " IN" campaign.

Also interesting are the odds offered by UK bookmakers on the US Presidential election.
Hilary Clinton way ahead with 8/11. Donald Trump at 5/2 and Rubio at 11/2.
Looks like the bookies have Clinton favourite to become the next US President.


I think you'll find that they have done away with betting tax in the UK - unless it has been reintroduced recently.

I havent set a foot in a betting shop for years so Im a little out of date !
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Re: UK REFERENDUM

Postby Robin Hood » Thu Feb 25, 2016 6:26 pm

In this thread I voted for ‘OUT’! Will it work? No! It would be an economic disaster as the £, whilst it is a sovereign currency, is also one of the Worlds reserve currencies. In short the UK buys goods from abroad and their suppliers accept £’s as payment, but the £ is not money it is a currency.

Is there a difference? Yes! Look up ‘money’ in a dictionary, then look up ‘currency’. They are similar in most functions but with one small but very significant difference. Money is .......‘ A store of value over time’ currency is not, as it is nothing more than an IOU. i.e. one ounce of gold will always be worth one ounce of gold ...... but you will need more and more IOU’s to buy an ounce of gold. Gold holds its value over time whilst currency’s purchasing power declines over time .... often very rapidly!

Effectively ..... the UK buys s goods form others with an IOU, European countries do the same with the Euro as does the USA with the US dollar. They all buy goods with something their Central Banks create out of nothing! If, like CBBB (Spanner)you are a bit slow on the uptake :roll: and you have difficulty accepting or understanding this fact, then read this explanation and ...... if you work at it, you will understand what I am saying.

Economics professor Richard Werner – the creator of quantitative easing – noted in September (2014) “ ........ that the field of economics has been lost in the woods for an entire century because it has failed to understand how banks actually create money.”

http://www.blacklistednews.com/A_Loophole_Allows_Banks_%E2%80%93_But_Not_Other_Companies_%E2%80%93_to_Create_Money_Out_of_Thin_Air/48338/0/38/38/Y/M.html


IMO: The decision as the whether the UK stays IN or leaves the EU ...... has already been made! :o :shock:

It has already been decreed by The Bankers, those that manipulate the Worlds financial system(well most of at .... at the moment!) . The evidence? Look at your TV News channels. The £ is at a 14 year low against the dollar. This is a shot across the bows of those contemplating a BRexit. The Bankers are giving a demonstration of their level of control and a warning as to what will happen if the UK votes to leave the EU.


However........

The same does not (did not) apply to either Greece or Cyprus and Varoufakis knew this, which is why Tsipras had to ‘...let him go.’ When each had a sovereign currency the Central Bank created it, just like the ECB does now, out of nothing. The government(s) spent the money into circulation. Then it was re-collected through various taxes and they spent it again .... and again ..... and again. Otherwise, known as a perpetual currency. If they needed more to top the circulation up, they electronically created more and it was all free of debt.

Then both counties decided they wanted to be' Real' Europeans and joined the Euro club (Zone), the biggest mistake they ever made in their histories. Now, when they need more money to run the economy ..... they have to BORROW it from the ECB. And where did the ECB get the Euro’s they were now borrowing .... from the same place they got their Drachma’s and Cyprus Pounds from ....... thin air!!!!

They took the bait and the banks just reeled them in. They have done the same with all countries in the Euro zone but being bigger it has taken longer to take effect, but the banks are reeling them in, just more slowly. The taxes GR/CY originally collected to put back into the system are now increasingly used to repay the loans .... plus the interest. The short fall, between income and expenditure, was made up by more borrowing. Who do they borrow from? The same banks that loaned them the original debt. So they borrow to repay the their debt plus any interest to the very same bank ..... the debt gets even bigger!

Now keep going with that and of course you rapidly approach the point where government income is virtually zero as most of the tax money goes to the banks to repay their debt. Is this a problem? NO! At least not for the bankers, because the same banks will lend them even more knowing full well it costs them nothing and the borrowers can NEVER repay the debt!

When The country is up to its eyeballs in debt ..... the banks want their ‘money’ back. Oh dear ..... they cannot pay, so the banks do what they do with any non-performing loan (does this sound familiar?) they seize the collateral (Asset Backed Securities) ......... like selling off all the countries utilities. They have just very cleverly turned ‘money’ they never had .............. into wealth. Your countries wealth now becomes theirs. :x

As a sovereign State, you have been well and truly shafted! You are now up sh*t creek without a paddle ..... you are owned by the banking and financial system!

That is just the beginning of the story and purely at a local level ................ it gets even more bizarre! :wink:
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Re: UK REFERENDUM

Postby miltiades » Thu Feb 25, 2016 7:07 pm

An in depth sound analysis Tim.
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