Has CMD developed a backbone???

[Du1point8]

Just reading the papers today and I noticed this one come up.

http://www.bbc.co.uk/news/uk-16104275

It involves the Tobin tax that the rest of the EU want us to sign as its this tax that is going to pay for the EU office, amongst other things the EU now has the ability to review a countries budget decisions and tell them to go and do it again.

When did the EU change from a democracy to effectively a dictatorship?

Oh least not forget that little slimy st Miliband who has fk all better to say than this:

But Labour leader Ed Miliband wrote on Twitter that the outcome was "a sign of weakness from David Cameron": "Why did he fail to build alliances before the summit?"

If he was in charge I suspect he would have rolled over and handed over everything that the UK owns.

[Elroy Blue]

Backbone? No, he's doing what's best for the survival of David Cameron.

[Du1point8]

So you would prefer for the UK to lose a big slice of tax and it goes directly to the EU and not many of the other EU countries are affected by their new tax.

[Fittster]

Elroy Blue said:

Backbone? No, he's doing what's best for the survival of David Cameron.

More interestingly what happened to Nick Cleggs backbone. Can't really see the Lib Dems doing particularly well at the next election. Vote for us and we will completely abandon all policies for a sniff of a red box.

[Liszt]

Finbar_Saunders said:

a sniff of a red box.

[XJ40]

I think he has shown a spot of backbone and stood up for British national interest, more of the same please.

[Mikeyboy]

If we manage to stay out of the Tobin tax the EU will effectively lose its entire investment banking business and we will benefit.
Even the likes of SG, BNP and Deutsche will move what they can to their London offices, the offices in Paris, frankfurt Milan and Madrid will either be closed or kept in name only.

Bad move for Sarkozy, some sense from CMD.

Edited by Mikeyboy on Friday 9th December 12:27

[Funk]

Great comment in response to the Telegraph article this morning in the user comments:

Someone on the Comments section said:

"Cameron blocks crucial treaty changes, UK left isolated"

Isolated?

Isolated from what and from whom?

Is Merkel going to block German businesses from selling to UK customers?

Is France?

Are any of the others?

Are eurozone countries going to ban Brits from holidaying in their countries?

Isolated from federalism?

How and in what way is that a problem for a country with a track record of trading with the World that goes back 100's of years, achieved by pioneering entrepreneurs and astute business people?

What business or economic achievement(s) do these fanatical career europoliticians have?

[Du1point8]

Mikeyboy said:

If we manage to stay out of the Tobin tax the EU will effectively lose its entire investment banking business and we will benefit.
Event the likes of SG, BNP and Deutsche will move what they can to their London offices, the offices in Paris, frankfurt Milan and Madrid will either be closed or kept in name only.

Bad move for Sarkozy, some sense from CMD.

Im assuming some of the hedge funds will be moving back too.

Whats the bet that the tobin tax is somehow dropped now?

http://www.youtube.com/watch?v=I2tle6oCJEg

[Digga]

Funk said:

Great comment in response to the Telegraph article this morning in the user comments:

Someone on the Comments section said:

"Cameron blocks crucial treaty changes, UK left isolated"

Isolated?

Isolated from what and from whom?

Is Merkel going to block German businesses from selling to UK customers?

I have a cosy mental image of JCBs shoving Audis and BMWs into the North Sea.

Edited by Digga on Friday 9th December 12:34

[AndrewW-G]

IMHO, it's finally dawned on him that the public don’t want more integration with the EU, they want less and that if he goes ahead with it, he will get annihilated at the poles at the next election. . . . . . . I think we should all watch out for the about face he will do on the EU, as I’d suggest that the next treaty he signs will be far more reaching than this one.

[Apache]

Elroy Blue said:

Backbone? No, he's doing what's best for the survival of David Cameron.

Healthy bit of cynicism there Elroy, my default opinion when it comes to politicians....but, this time, I feel CMD might just have done something worthy. Unlike that bitter little character defect Miliband

[Digga]

Apache said:

Elroy Blue said:

Backbone? No, he's doing what's best for the survival of David Cameron.

Healthy bit of cynicism there Elroy, my default opinion when it comes to politicians....but, this time, I feel CMD might just have done something worthy. Unlike that bitter little character defect Miliband

I reckon Milliband's probably shat himself twice in the last 48 hours just watching from the reserve's bench. He'd have been tipped upside down 'till the UK's pockets were empty and then bent over and buggered for all he's worth had he been in CMD's place.

[Police State]

Du1point8 said:

When did the EU change from a democracy to effectively a dictatorship?

Whilst we were sleeping...

[chris_w]

Maybe this is the upside to having an 'independently wealthy' PM - he doesn't need to set himself up to ride the EU gravy train in his retirement? Either way, good show.

[Derek Smith]

Elroy Blue said:

Backbone? No, he's doing what's best for the survival of David Cameron.

Spot on. IDS and the blond clown speak out and Cameron jumps to their bidding. This shows that one push and he moves.

[Soovy]

About time. Ze Germans and their French bhes are trying to finish the job that Adolf couldn't.

Cameron appears to have thrown a well deserved spanner in the works.

[ALawson]

Mikeyboy said:

If we manage to stay out of the Tobin tax the EU will effectively lose its entire investment banking business and we will benefit.
Even the likes of SG, BNP and Deutsche will move what they can to their London offices, the offices in Paris, frankfurt Milan and Madrid will either be closed or kept in name only.

Bad move for Sarkozy, some sense from CMD.

Edited by Mikeyboy on Friday 9th December 12:27

Shouldn't this should be accompanied by tax concessions for investment banking, dropping the 50% tax and doing everything else to get more money out of Europe and into UK Plc. They they need to start allowing institutions to start sensible lending and not hoarding large cash reserves, get investment going in the UK and job creation.

The UK needs to turn this to its advantage.

[Soovy]

ALawson said:

Mikeyboy said:

If we manage to stay out of the Tobin tax the EU will effectively lose its entire investment banking business and we will benefit.
Even the likes of SG, BNP and Deutsche will move what they can to their London offices, the offices in Paris, frankfurt Milan and Madrid will either be closed or kept in name only.

Bad move for Sarkozy, some sense from CMD.

Edited by Mikeyboy on Friday 9th December 12:27

Shouldn't this should be accompanied by tax concessions for investment banking, dropping the 50% tax and doing everything else to get more money out of Europe and into UK Plc. They they need to start allowing institutions to start sensible lending and not hoarding large cash reserves, get investment going in the UK and job creation.

The UK needs to turn this to its advantage.

Exactly.

We should bat for the UK from now on.

[Marf]

Bloody right Soov.

This could be what cements a tory majority in the next election IMO