Should the UK remain a member of the EU

[cloggypop]

6 minutes ago, TheHowieLama said:

Will the EU countries still have bacon??

Looks like we are going to have far too much. The bacon mountain is going to be the highest point in the Netherlands. How am I going to cope with this glut? 

[Red Phoenix]

2 minutes ago, Chocoholic said:

British brekkies be bare-bones because bacon & beans blocked at border by Brexit

If a no deal brexit goes through you'll all be eating quorn. It's Boris's plan to save the animals and that's why I'll be voting conservative this time.

[Anubis]

I think the reason the government has published the baseline for no deal, but not the contingency plan, is because it goes like this.

 

Lack of food and medicine for the poor, leads to...

 

Death of the poor, leads to...

 

Manufacture of Soylent Green, leads to...

 

Alleviation of food shortages!

[AngryOfTuebrook]

Excellent photobomb.

 

[TheHowieLama]

[AngryOfTuebrook]

On a related subject, a reminder that No Deal => delays to flu vaccine => increase in the number of vulnerable people dying in the next 6 months or so.

 

Still, £8 billion...

[Pureblood]

2 hours ago, cloggypop said:

Prepare for bacon shortages

 

https://research.rabobank.com/far/en/sectors/animal-protein/the-eu-may-export-less-pork-to-the-uk-after-brexit.html?qsl_reqcnt=1

LIKE WE DONT HAVE PIGS HERE??  GREAT BRITTISH PORK!

 

LEAVE WON STOP YOURE CRAP

[Bjornebye]

https://twitter.com/carolecadwalla/status/1171902086751166464?s=21

 

[aRdja]

8 hours ago, cloggypop said:

Prepare for bacon shortages

 

https://research.rabobank.com/far/en/sectors/animal-protein/the-eu-may-export-less-pork-to-the-uk-after-brexit.html?qsl_reqcnt=1

You know what I said about respecting democracy etc.... FUCK.THAT. Revoke article 50 right now my almighty leader Jo Swinson (PBUH).

[Anubis]

7 hours ago, TK421 said:

LIKE WE DONT HAVE PIGS HERE??  GREAT BRITTISH PORK!

 

LEAVE WON STOP YOURE CRAP

 

Think you’re missing a TRAITORS in there, somewhere.

[Spy Bee]

https://bylinetimes.com/2019/09/11/brexit-disaster-capitalism-8-billion-bet-on-no-deal-crash-out-by-boris-johnsons-leave-backers/

 

While the Prime Minister defies the law and insists Britain will leave the European Union on 31 October, his backers stand to make billions out of the disaster.

Boris Johnson’s leadership campaign backers in the City stand to make billions of pounds from his ‘do or die’ pledge to take Britain out the of the EU by the end of October, Byline Times can reveal.

On the day Johnson was announced as Prime Minister by his party on 23 July, it was reported that “more than half of the donations received by Boris Johnson originated from donors with ties to the City”. However, this newspaper has discovered that this figure is actually much higher – and that many of the hedge funds involved are set to make a killing from his hard-line approach to Brexit.

According to the records of both the elections watchdog, the Electoral Commission and the Register of Financial Interests, between 10 May and 23 July, Johnson received £655,500 in donations. Of these, two thirds – £432,500 (65%) – came from hedge funds, City traders or the very wealthy. 

Under the 1922 Committee’s rules governing the Conservative Party leadership election, spending is capped at £150,000 per candidate, so that all contenders have an equal chance of competing. However, these limits only apply to the short campaign, which began on 7 July and excluded the period in May when Johnson announced his long-anticipated leadership bid. £318,000 of the donations were submitted late, after the leadership election result had been announced. These late filings conceal a significant trend. 

 

 

Many of these late donations were from hedge funds and people that Johnson worked with on the Vote Leave campaign during the EU Referendum, which was run by his current Chief of Staff in No.10, Dominic Cummings.

Crispin Odey, Paul Marshall, Peter Cruddas, Jon Moynihan, Jon Wood, Robin Birley, David Lilley, Philip Harris, JCB and The Bristol Port Company all donated (directly or indirectly through companies they and their co-directors are involved with) to Johnson’s leadership campaign and also contributed more than £2 million to the Vote Leave campaign.

---

History Repeats Itself

The current speculation on short positions – in which hedge funds make money on prices going down – is almost identical to the hedging which occurred around Brexit during the EU Referendum. Byline Times has reported previously on the vast windfalls that Vote Leave backers accrued back in 2016.

At the start of this year, a number of hedge funds – including that of Crispin Odey who made £220 million on the night of the referendum result – announced that, in their view, Brexit wasn’t going to happen and that they were going to take bets out on sterling going up.

Between January to May 2019, less than 10 short positions were being taken out by hedge funds per week. However, that all changed dramatically when Boris Johnson announced that he was running for the Conservative Party leadership on May 16. The number of short positions thereafter doubled, tripled and quadrupled and, by the time of his victory was announced, had risen to around 100 per week. 

UK firms’ short positions during Boris Johnson’s Conservative Party leadership campaign in 2019

The firms that have taken out short positions over the past six months are almost entirely dominated by those which either directly, or through their directorships of other companies, also donated to the Vote Leave campaign in 2016 and were involved in taking out short positions on the referendum result.

UK firms’ short positions in 2019 compared to Vote Leave positions in 2016

---

Invested in a No-Deal Brexit

So, how much are these firms set to make from Boris Johnson’s ‘do or die’ approach to Brexit?

From the financial data publicly available, Byline Times can reveal that currently £4,563,350,000 (£4.6 billion) of aggregate short positions on a ‘no deal’ Brexit have been taken out by hedge funds that directly or indirectly bankrolled Boris Johnson’s leadership campaign. 

Most of these firms also donated to Vote Leave and took out short positions on the EU Referendum result. The ones which didn’t typically didn’t exist at that time but are invariably connected via directorships to companies that did. 

Another £3,711,000,000 (£3.7 billion) of these short positions have been taken out by firms that donated to the Vote Leave campaign, but did not donate directly to the Johnson leadership campaign.

Currently, £8,274,350,000 (£8.3 billion) of aggregate short positions has been taken out by hedge funds connected to the Prime Minister and his Vote Leave campaign, run by his advisor Dominic Cummings, on a ‘no deal’ Brexit. 

 

THE DISASTER CAPITALISM CLUB

Vote Leave Backers who Made Billions from Brexit

Peter Jukes

Does this £8 billion bet explain why the Prime Minister has said that he would rather “die in a ditch” before asking the EU for an extension? Is it the reason why Johnson is willing to defy the Benn Act that stops a ‘no deal’ Brexit? Is the £8 billion any kind of motivation to prorogue Parliament?

Under the Ministerial Code, Government ministers must have “no actual or perceived conflicts of interest”. But what could be a bigger conflict of interest than those bankrolling the Prime Minister also having a vast financial interest in a catastrophe for Britain?

Byline Times has approached Boris Johnson and the Cabinet Office for a response, but has yet to receive a reply.

[AngryOfTuebrook]

Any sign of BBC, ITN or Sky picking that story up yet?

[Anubis]

5 minutes ago, AngryofTuebrook said:

Any sign of BBC, ITN or Sky picking that story up yet?

 

5 Live too busy describing Yellowhammer as ‘reasonable worst case scenario’ even though the evidence from The Times was that it is the baseline scenario. No mention of the change in heading.

 

And no mention of the Byline story on the hedge funds.

[Guest Pistonbroke]

9 hours ago, AngryofTuebrook said:

Excellent photobomb.

 

 

Money must be tight for Monsieur Wank spangle, it looks like he's employing 14 year old female personal guards. 

[Anubis]

1 minute ago, Pistonbroke said:

 

Money must be tight for Monsieur Wank spangle, it looks like he's employing 14 year old female personal guards. 

 

Who appear to find the t-shirt funny.

[Guest Pistonbroke]

7 minutes ago, Anubis said:

 

Who appear to find the t-shirt funny.

 

Depends what the wider picture could tell us, she's probably just made up to be on camera. 'Oi, look at me mum, I've made it.' She could be generally pissing herself at the message like. 

[Chocoholic]

11 hours ago, Captain Turdseye said:

 

We’ll have no brown sauce anyway. Fuck it. 

You'll just have to adapt, be resourceful and make your own. The clue is in your name...

[Davelfc]

BORIS JOHNSON has received a huge Brexit boost after a Northern Ireland judge dismissed a case which argued the Government's Brexit strategy will damage the Northern Ireland peace process.

 

Lord Justice Bernard McCloskey delivered his ruling at Belfast High Court this morning on three joined cases against the Prime Minister’s handling of the UK’s scheduled exit from the European Union. The three challenges argued a no deal Brexit on October 31 would undermine agreements involving the UK and Irish Governments. The Government rejected that contention during two days of legal proceedings in the High Court.

 

During the verdict Lord Justice Bernard McCloskey described the case as “inherently and unmistakably political to be beyond plausible dispute”.

In his written judgment, the judge said: "I consider the characterisation of the subject matter of these proceedings as inherently and unmistakably political to be beyond plausible dispute.

 

"Virtually all of the assembled evidence belongs to the world of politics, both national and supra-national.

"Within the world of politics the well-recognised phenomena of claim and counterclaim, assertion and counter-assertion, allegation and denial, blow and counter-blow, alteration and modification of government policy, public statements, unpublished deliberations, posturing, strategy and tactics are the very essence of what is both countenanced and permitted in a democratic society."

 

 

[Bjornebye]

1 hour ago, Chocoholic said:

You'll just have to adapt, be resourceful and make your own. The clue is in your name...

aRdja has got the patent on that particular form of food. 

[Scooby Dudek]

Yeah, Martin Daubney now on Politics Live.

[Scooby Dudek]

Any pretence that people have that voting Brexit party is anything but a Tory vote should have been exposed completely yesterday with that advert in the papers. Lets join together and annihilate JC and Labour. 

They are nothing but Tories in Brexit clothing. 

 

 

[AngryOfTuebrook]

57 minutes ago, Scooby Dudek said:

Yeah, Martin Daubney now on Politics Live.

Who was it here who said they've met him? I've got a vague memory of an anecdote about him being a cunt. 

[Dr Nowt]

Just now, AngryofTuebrook said:

Who was it here who said they've met him? I've got a vague memory of an anecdote about him being a cunt. 

Me, I worked for him. And he is. There’s another anecdote which gets to the heart of what a fucking phoney he is, but it’s an in person only job.

[Dr Nowt]

32 minutes ago, Scooby Dudek said:

Any pretence that people have that voting Brexit party is anything but a Tory vote should have been exposed completely yesterday with that advert in the papers. Lets join together and annihilate JC and Labour. 

They are nothing but Tories in Brexit clothing. 

 

 

But Martin Daubney is a coal miner’s son and mixes with people in chip shops and car boot sales to consult their political views, rather than z-list celebrity parties like Alistair Campbell and the other metropolitan elite.

 

Even though I’ve seen him at sub z-list celebrity parties, acting like a dog with two dicks, arse licking and namedropping in a way which would make Paul Burrell blush.

 

Imagine if the cunt becomes an MP. 

[Dr Nowt]

Guardian crossword today.

 

Not filled in by me, as if that needed to be said.