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Britian bails on the EU as the Liberal Utopia falls apart.

blaxshep

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LONDON — British voters defied their leaders and international allies by cutting ties with the European Union in a stunning result Friday that threw financial markets into chaos, forced Britain’s prime minister to resign and unleashed a new independence quest by Scotland.

As Britain absorbed the earth-shaking news, the political fallout reached to the highest level with Prime Minister David Cameron saying he would step down after championing the campaign to remain in the European Union.

The decision effectively delays the start of divorce proceedings with Britain’s 27 other E.U. partners. Cameron said that only after the transition in leadership would the country begin the formal process of withdrawing from the European Union — popularly known as Brexit — which is supposed to take two years once it officially begins.

But even as the steps for a British departure were put on hold, immediate shock waves resonated in all directions.

The British pound plummeted to its lowest level against the dollar since 1985, and stock markets dropped sharply around the world.

The vote result will rattle officials in Washington. Obama had made a high-profile plea for Britain to stay. He was briefed on the results of the referendum, the White House said, and was expected to speak to Cameron in the next day. Presumptive Republican nominee Donald Trump, who was in Scotland on Friday to open a golf course, backed Brexit.

“Let June the 23rd go down in our history as our independence day!” cried a jubilant Nigel Farage, a firebrand anti-E.U. leader, in a 4 a.m. celebration. All around him, “leave” campaigners clinked pints of beer and cheered their improbable victory.

The “leave” campaign found a compelling rallying cry with its call for voters to “Take Back Control,” a slogan that resonated among an electorate ill at ease with record levels of immigration — much of it from Europe under the E.U.’s free-movement policy.

Britain shocks world: breaks with European Union, British leader steps down
 
What a quaintly misinformed suggestion. The EU isn't a eutopia by any stretch of the imagination.
 
LONDON — British voters defied their leaders and international allies by cutting ties with the European Union in a stunning result Friday...

So the establishment can be defeated. lol

Well, good for them, I suppose. It will hurt for a while and then things will right themselves. Maybe this will lead to the Brits regaining control of their own borders and put a stop to the insane immigration problem.
 
Exactly, but it is the model for the liberal agenda.

A liberal economic agenda I guess - fewer tariffs and trade barriers.
 
Whatever you have to tell yourself to maintain your odd and rather sad fantasy.

Its everything liberals love, gun control, universal health care, other peoples money, handing over Sovereignty to a more global authority, carbon taxes, high taxes, the nanny state ...
 
Its everything liberals love, gun control, universal health care, other peoples money, handing over Sovereignty to a more global authority, carbon taxes, high taxes, the nanny state ...

My apologies.

I responded to you under the misapprehension you were lucid.

Please disregard my response.
 
Its everything liberals love, gun control, universal health care, other peoples money, handing over Sovereignty to a more global authority, carbon taxes, high taxes, the nanny state ...

That's because they're not truly liberals, but statists. They have a taste for collectivist, totalitarian government. Most of these specimens would have been right at home in any of the totalitarian systems that developed in the early 1900's in Italy, Germany, and Russia.

I'm glad to see the English have had enough of giving away their sovereignty. Now, maybe they can focus on kicking out the hordes of Islamist curs who are infesting their island and trying to subvert their culture.
 
LONDON — British voters defied their leaders and international allies by cutting ties with the European Union in a stunning result Friday that threw financial markets into chaos, forced Britain’s prime minister to resign and unleashed a new independence quest by Scotland.

As Britain absorbed the earth-shaking news, the political fallout reached to the highest level with Prime Minister David Cameron saying he would step down after championing the campaign to remain in the European Union.

The decision effectively delays the start of divorce proceedings with Britain’s 27 other E.U. partners. Cameron said that only after the transition in leadership would the country begin the formal process of withdrawing from the European Union — popularly known as Brexit — which is supposed to take two years once it officially begins.

But even as the steps for a British departure were put on hold, immediate shock waves resonated in all directions.

The British pound plummeted to its lowest level against the dollar since 1985, and stock markets dropped sharply around the world.

The vote result will rattle officials in Washington. Obama had made a high-profile plea for Britain to stay. He was briefed on the results of the referendum, the White House said, and was expected to speak to Cameron in the next day. Presumptive Republican nominee Donald Trump, who was in Scotland on Friday to open a golf course, backed Brexit.

“Let June the 23rd go down in our history as our independence day!” cried a jubilant Nigel Farage, a firebrand anti-E.U. leader, in a 4 a.m. celebration. All around him, “leave” campaigners clinked pints of beer and cheered their improbable victory.

The “leave” campaign found a compelling rallying cry with its call for voters to “Take Back Control,” a slogan that resonated among an electorate ill at ease with record levels of immigration — much of it from Europe under the E.U.’s free-movement policy.

Britain shocks world: breaks with European Union, British leader steps down



401k's are down an average of 2 grand today but thats what you want isnt it
 
401k's are down an average of 2 grand today but thats what you want isnt it

That is today. How long do you think it will last? In any case, don't cash yours in today.
 
401k's are down an average of 2 grand today but thats what you want isnt it

Markets thrive on stability and predictability. They'll recover. If you were planning on retiring today based on your 401K, I'd put it off a little. If you put all your eggs in the 401K basket, you should've taken your own social advice and embraced economic diversity as well.
 
Markets thrive on stability and predictability. They'll recover. If you were planning on retiring today based on your 401K, I'd put it off a little. If you put all your eggs in the 401K basket, you should've taken your own social advice and embraced economic diversity as well.

After 8 years of Hillary his 401K will be worth a lot less. Keep those presses printing money and vote for more debt ceiling increases!
 
After 8 years of Hillary his 401K will be worth a lot less. Keep those presses printing money and vote for more debt ceiling increases!

They're devoted to an economic theory they'll doggedly follow all the way to poverty if given the chance. Sad to watch.
 
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