Debatte Brexit: Desaster auf der Insel - taz.de:
'via Blog this'
The jist of this article is that regarding the theme of the financial service industries the British are completely susceptible to blackmail [erpressbar]. The financial passport system, like the much talked about “single market”, doesn’t exist outside of the EU, and the City of London will henceforth acquire the status of a financial space that has “non cooperative jurisdiction”, that is, it will lose its financial EU passport. Boris Johnson on a recent trip to the US has said that the continuation of the passport system is “assured"(sicher), but he can't be sure. This is similar to the belief that all the benefits of the single market will stay open as well once we leave Europe. This will also have a knock on effect for the attraction of so-called British tax havens, and for the movement of money in the rest of Europe, which this article reckons a daily turnover of about 1 billion Euros goes through the City of London and this equates to about 700,000 jobs. The American investment bank J. P. Morgan (and probably many other American banks) can work in Europe from London because of this. Like Hillary, who is much more transparent about financial bribes and taking money from banks (“pay to play”), this is surely why Obama wanted us to stay in Europe.
The other European countries will now stake their claim for this considerable portion of the financial cake. Is anybody really convinced that Britain, after exiting from the European Union, will still be able to hold onto these financial privileges? That it will still be able to claim its “passport” and still be given “cooperative jurisdiction”, that such transactions will be "visa free", like the border between Ireland and Northern Ireland? Clearly no, the other European countries will want to re-organize their financial systems, want their slice of the cake, especially now that one of the alpha economic males has decided to leave the club. Adaptation (Darwin). The capitalist economic system is still in a rather predatory state of affairs, and survival of the fittest is still the order of the day. Just look at the way in which economic warfare is conducted and the punishment of "sanctions" functions in the real world. Some people refer to the USA nowadays as the United States of Sanctions. What is the nature of a "tarif" if not a financial penalty? It was socialism that was supposed to educate the economists about capitalism and to inform and educate them that it wasn’t really a jungle status for human beings in societies, who had the potential to work together and help one another (European community?). Thomas Huxley's original "Counterblast" to Darwinian Evolution anybody?
I wasn’t in England during the referendum debate - I was teaching in a German state secondary school- but those adverts on the sides of buses promising 350 million a week for the NHS, must have been very effective and alluring propaganda. On visiting London, I looked through the post that my mother was receiving and was astonishing at the ratio of Leave pamphlets to remain, and how the NHS was being used. Sadly, it's very much reminiscent of WW1. Over a hundred years and no change. Idiots armed with opinions about something they are completely ignorant of, but capable of forming an opinion, even if it is a lie. How many Brexiters can speak or read French and German? But capable of "voting" in an election. Valued considered and philosophical opinions about the fate of Europe, should be in it or out of it. Right mate, "the women come and go and talk of the Big Brother game show". Please, give it a rest. Lord Harmondsworth and Horatio Bottomley are still very much alive, kicking and screaming with the Daily Mail and yellow press. State managed hate and propaganda, daily doeses, still sway the British working classes and Germany, don't you know, is still using bayonets and killing babies in Belgium (one for Boris & Cummings: Just Say Leave: "Huns Still Bayoneting Baby's in Belgium"). How terribly terribly sad.
