Posts Tagged ‘Brexit’

Brexit Aftershocks

Friday, June 24th, 2016

It’s shaping up to be an interesting day:

  • Tory Prime Minister David Cameron is resigning. “Mr Cameron announced shortly after 08:15 BST that he had informed the Queen of his decision to remain in place for the short term and to then hand over to a new prime minister by the time of the Conservative conference in October.” Current favorite to replace Cameron is pro-Leave MP Boris Johnson.
  • Under terms of the Lisbon Treaty, it will take about two years to negotiate the terms of the UK’s withdrawal from the EU.
  • World markets are going crazy.
  • The Pound Sterling is at its lowest exchange rate in 30 years.
  • Scotland, Northern Ireland and London voted heavily to stay in the EU, while Leave won pretty much everywhere else, including Wales. Now there’s talk of a second Scottish Independence referendum.
  • Euroskeptic parties across the continent are calling for their own independence votes.
  • Obama continues to demonstrate his magic touch at persuasion.
  • I would say the panic selling is largely unwarranted; there’s no reason that UK can’t negotiate an orderly exit from the EU and continue to participate in the European Economic Area the way that Norway and Switzerland do now. There was talk before the Brexit vote that the EU wouldn’t go along with this out of spite, but if the endless Greece crisis has shown, Eurocrats negotiate their non-negotiable demands all the time, and I doubt even Angela Merkel is willing to put Europe through a deep recession (which is to say, deeper even than the current one the Euro seems to have engendered in perpetuity) just to “teach the UK a lesson.”

    More later…

    Brexit Wins

    Thursday, June 23rd, 2016

    BBC News just called the election for Brexit. “UK votes to leave European Union with 309 out of 382 results declared.”

    No time to do instant-analysis tonight, but markets will undoubtedly be in panic-rollercoaster mode tomorrow. This will pass, but there’s a real risk this is the event that pishes the world into the cyclical recession that’s been looming for years now. Let’s hope not.

    More tomorrow.

    Could Brexit Win? Update: Leave Up By 800,000 Votes

    Thursday, June 23rd, 2016

    Short answer: Yes.

    Medium Answer: Answer cloudy, ask again later.

    Early tidings were that “Remain” was polling ahead, enough so that even UKIP head Nigel Farage said it looked likely that Remain would pull out a win. But the “Leave” vote seems to be outperforming in areas where “Remain” was expected to be strong, and I’m not seeing any areas where the reverse is true.

    Looks like its going to be a long night for global market watchers…

    Update: Leave is currently up by about 800,000 votes. Including Wales which is, I think, a significant surprise.

    Shotgun Brexit Megapost

    Wednesday, June 22nd, 2016

    Imagine that there’s a thoughtful, in-depth introduction here that explains the pros and cons of the Leave and Stay positions.

    You’ll have to imagine it, because I have no time to write it and the vote’s tomorrow. Instead, have a quick-and-dirty shotgun scatter of Brexit links.

  • The economic case for Brexit. “The European project is controlled by statists and the one good thing it provides (free trade between members) is easily overwhelmed by the negative things it imposes (protectionism against outsiders, tax harmonization, horrible agriculture subsidies, bad fisheries policy, etc).” (Hat tip: Director Blue.)
  • Britain Doesn’t Need the EU to Thrive. (Hat tip: Zero Hedge.)
  • “The fight over Brexit is symptomatic of a much larger crisis facing out-of-touch elites on both sides of the Atlantic.” More:

    The European Union’s bureaucracy and paper-parliament were set up to be as insulated as possible from the concerns of actual voters. Representatives to the European Parliament are selected by party elites as a kind of highbrow patronage. They invariably defer to the permanent bureaucracy, which acts like a transnational cartel, one that happens to be composed of governments. As Daniel Hannan, the rare Euroskeptic skunk to infiltrate the garden party that is the EU parliament, put it, “faced with a choice between democracy and supra-nationalism, the EU will always choose supra-nationalism.”

  • Elites ignore the populist revolt against them at their peril.
  • “A substantial portion of the Leave campaign views the referendum as a rigged process and the EU as conspiring behind the backs of the British people to launch a new round of integration.”
  • Everyone knows the Brexit vote is a sham.
  • A generally good piece about the myths of both sides of the Brexit debate, but when he tags Geert Wilders as a “genuine fascist,” he’s talking out his ass.
  • Brits buying gold.
  • Here’s a debate between UK Tory PM David Cameron and UKIP head Nigel Farage on the subject:

  • Finally, here’s Brexit: The Movie, a 71 minute film that lays out the case for the UK leaving the EU. Haven’t watched any but a tiny bit of either of these videos, but offer them up here as a public service.

  • Pat Condell on the Brexit Vote

    Thursday, June 16th, 2016

    In case you hadn’t noticed with all the jihad shooting and Hillary corruption and the GLAVEN, the UK is voting next week on whether or not to leave the EU. Here Pat Condell makes the case for Brexit.

    “[The EU’s] primary purpose is to eliminate the need for democratic consent, to empower politicians at people’s expense, and to make them our rulers, not our servants.”

    “If you can’t remove the people who govern you, you live in a dictatorship, however many fancy labels and buttons and bows they dress it all up in. We cannot remove the people who run the European Union, no matter what they do, so they do what they want.”

    “Do we want to live in a strong, free, independent country governed by laws to which the people have consented, or do we want to be a province of a federal dictatorship where we do what we’re told by unelected bureaucrats? When you sweep away all the speculation and verbiage, that is the choice.”

    Don’t agree with his view on Ukraine, but the rest seems pretty solid. Also includes a fine slam on Obama.

    The Brexit vote occurs June 23.

    LinkSwarm for May 23, 2016

    Monday, May 23rd, 2016

    This kept getting pushed out by other posts, so enjoy a heftier-than-usual LinkSwarm:

  • U.S. district court judge rules that House Republicans lawsuit against ObamaCare on separation-of-powers grounds can move forward. (Hat tip: Elizabeth Price Foley at Instapundit.)
  • You know how American leftists claim socialist Denmark is paradise on earth? Yeah, not so much. “Denmark’s suicide rate has averaged 20.8 per 100,000 during the last five decades, with its highest level of 32. The American suicide rate averaged only 11.1 during the last five decades, and has never exceeded 12.7. Danes are deeply deprived, driven by severe narcissism, and so more than 11 percent of adult Danes – the supposed happiest people in the world – are on antidepressants.”
  • Why the left hates the Jews:

    The Arab–Israeli conflict is a bitter and ugly one. My own view of it is that the Palestinian Arabs have some legitimate grievances, and that I stopped caring about them when they started blowing up children in pizza shops. You can thank the courageous heroes of the Battle of Sbarro for that. Israel isn’t my country, but it is my country’s ally, and it is impossible for a liberty-loving American to fail to admire what the Jewish state has done.

    And that, of course, is why the Left wants to see the Jewish state exterminated.

  • Vaguely related: “Frank Sinatra’s Love Affair With the Jewish People.”
  • Brazil’s President impeached.
  • This just in: Europe is still screwed.
  • Greece approves new “austerity” measures that they’ll no doubt continue to cheat and ignore while spending money they don’t have.
  • Speaking of Greece, “More than one in five school-aged refugee children in Greece have never been to school, a study has revealed. Child refugees stranded in Greece have been out of school for on average 1.5 years, and many of them ‘cannot even hold a pencil.'”
  • Hezbollah operations chief killed by Syria, but nobody’s entirely sure by who.
  • Why did the feds give Bill Clinton’s pedophile friend Jeffrey Epstein a sweetheart deal?
  • Elijah Woods says there’s widespread pedophilia in Hollywood. (Hat tip: Ed Driscoll at Instapundit.)
  • One billionaire moving to Florida is going to cost New Jersey $140 million in tax revenue.
  • Electric cars don’t lower emissions overall.
  • No sign of a down ballot Republican crackup.
  • Target has shed $10 billion in stock value since announcing its tranny bathrooms policy.
  • Why feminists hate sex: “The new feminist puritans see heterosexual sex as confirming and reinforcing outdated gender roles. That men and women not only have sex but enjoy it is a threat to the notion that both gender and sexuality are merely social constructs, to be crafted and rejected as instinct takes us.”
  • Why did 16 Republican Senators save the agency that’s hell-bent on creating instant public housing slums across America?
  • More than 300 UK CEOs come out in favor of a Brexit.
  • Eye-open infographic on mass public shootings from John Lott.
  • More proof that Social Justice Warriors hate everything, no matter how cute.
  • World’s oldest woman, and last living American born in the 19th century, dies. (Hat tip: Director Blue.)
  • Listeria outbreak among frozen fruits and vegetables. “Some of the affected products were sold under brand names such as Earth’s Pride, Panda Express, Signature Kitchens and Trader Joe’s.” (Hat tip: Ace of Spades HQ.)
  • Meet the vegan Bernie Madoff. (Hat tip: Ed Driscoll at Instapundit.)
  • Black Pimps Matter.
  • Safety tip: Try not to get killed over cutting in line for the taco truck.
  • Facebook bans conservative for saying that Facebook bans conservatives. (Hat tip: Instapundit.)
  • Canadian company working on 20km high space elevator.
  • Jim Geraghty visits NRRAM.
  • The Dallas convention center sucks.
  • Microsoft is gonna Microsoft redux. (Hat tip: Borepatch.)
  • Wikipedia editor contemplates suicide over toxic atmosphere of powertripping.
  • Rehab for Internet addiction. “The program costs $25,000 for 45 days at the center.” Obviously I can’t be addicted to the Internet, because there’s no way I could afford the rehab…
  • I’m stealing this from Ace of Spades HQ: