Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Rods2 on 12 September 2012, 19:25:25

Title: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Rods2 on 12 September 2012, 19:25:25
You might be reading a headline like this sooner than you think, as this would be entirely feasible under the new proposed Eurozone Banking Union rules.  >:( >:( >:( >:(

If the new Eurozone Banking Union rules are adopted, then all 27 nations banks will have to conform to the new rules and with qualified majority voting with a twist. It automatically goes through unless a joint opposition committee has a majority. This committee must contain at least three Eurozone and three non-Eurozone countries. So if is good for the Eurozone, then you can't defeat it. Under these rules you could not stop this proposal "All Eurozone banks will now exclusively be bailed out by the UK banks and other UK financial institutions".  >:( >:( >:( >:(

Under the new ESM amendment to the Lisbon treaty, the EU Eurozone Banking Union will be formed and have total power and control over the governance and regulation of all 27 nations banks, including forcing any countries banks to bailout and refinance any other EU countries banks, they will also have total power to shut down any bank within the EU.  >:( >:( >:( >:(

Now we were told that under the ConDem EU referendum legislation, that there would be no referendum as this was entirely an EU Eurozone amendment that would have NO IMPACT WHATSOEVER on the UK, the UK taxpayer, UK banks or any other UK financial institutions. This amendment has been passed unopposed through Parliament on this basis. The ConDems publicly support the creation of an EU wide Banking Union.  >:( >:( >:( >:(

Another complete load of lies we have been told.  >:( >:( >:( >:(

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html)

I getting very, very tired of these two faced scumbag politicians and their total lies and their utter contempt for us the electorate.

Vote UKIP
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: STMO123 on 12 September 2012, 19:31:20
Alternatively, they might have to bail us out. You never know. ???
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Varche on 12 September 2012, 19:37:30
Alternatively, they might have to bail us out. You never know. ???

No we would be alright. The USA would bail out Britain - special relationship old boy!
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: STMO123 on 12 September 2012, 19:53:28
Alternatively, they might have to bail us out. You never know. ???

No we would be alright. The USA would bail out Britain - special relationship old boy!

They're about to fall off a cliff, apparently.
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Varche on 12 September 2012, 20:18:25
OK the Chinese then. Surely they owe us for the opium wars? ;D
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Sir Tigger KC on 12 September 2012, 20:29:39
The Chinese have been fiddling their books for years and someday in the not so distant future their bubble will burst in spectacular fashion!!!  :o  :(
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Rods2 on 12 September 2012, 20:49:26
The Chinese have been fiddling their books for years and someday in the not so distant future their bubble will burst in spectacular fashion!!!  :o  :(

It already has, they are now just waiting for the brown bits to hit the fan.  :D :D :D
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Dishevelled Den on 12 September 2012, 21:02:32
The Chinese have been fiddling their books for years and someday in the not so distant future their bubble will burst in spectacular fashion!!!  :o  :(


Quite correct - China will have her own homegrown problems to face  in the not too distant future.
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: OOMV6 on 12 September 2012, 21:19:16
You might be reading a headline like this sooner than you think, as this would be entirely feasible under the new proposed Eurozone Banking Union rules.  >:( >:( >:( >:(

If the new Eurozone Banking Union rules are adopted, then all 27 nations banks will have to conform to the new rules and with qualified majority voting with a twist. It automatically goes through unless a joint opposition committee has a majority. This committee must contain at least three Eurozone and three non-Eurozone countries. So if is good for the Eurozone, then you can't defeat it. Under these rules you could not stop this proposal "All Eurozone banks will now exclusively be bailed out by the UK banks and other UK financial institutions".  >:( >:( >:( >:(

Under the new ESM amendment to the Lisbon treaty, the EU Eurozone Banking Union will be formed and have total power and control over the governance and regulation of all 27 nations banks, including forcing any countries banks to bailout and refinance any other EU countries banks, they will also have total power to shut down any bank within the EU.  >:( >:( >:( >:(

Now we were told that under the ConDem EU referendum legislation, that there would be no referendum as this was entirely an EU Eurozone amendment that would have NO IMPACT WHATSOEVER on the UK, the UK taxpayer, UK banks or any other UK financial institutions. This amendment has been passed unopposed through Parliament on this basis. The ConDems publicly support the creation of an EU wide Banking Union.  >:( >:( >:( >:(

Another complete load of lies we have been told.  >:( >:( >:( >:(

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html)

I getting very, very tired of these two faced scumbag politicians and their total lies and their utter contempt for us the electorate.

Vote UKIP

Or emmigrate.
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: OOMV6 on 12 September 2012, 21:20:12
You might be reading a headline like this sooner than you think, as this would be entirely feasible under the new proposed Eurozone Banking Union rules.  >:( >:( >:( >:(

If the new Eurozone Banking Union rules are adopted, then all 27 nations banks will have to conform to the new rules and with qualified majority voting with a twist. It automatically goes through unless a joint opposition committee has a majority. This committee must contain at least three Eurozone and three non-Eurozone countries. So if is good for the Eurozone, then you can't defeat it. Under these rules you could not stop this proposal "All Eurozone banks will now exclusively be bailed out by the UK banks and other UK financial institutions".  >:( >:( >:( >:(

Under the new ESM amendment to the Lisbon treaty, the EU Eurozone Banking Union will be formed and have total power and control over the governance and regulation of all 27 nations banks, including forcing any countries banks to bailout and refinance any other EU countries banks, they will also have total power to shut down any bank within the EU.  >:( >:( >:( >:(

Now we were told that under the ConDem EU referendum legislation, that there would be no referendum as this was entirely an EU Eurozone amendment that would have NO IMPACT WHATSOEVER on the UK, the UK taxpayer, UK banks or any other UK financial institutions. This amendment has been passed unopposed through Parliament on this basis. The ConDems publicly support the creation of an EU wide Banking Union.  >:( >:( >:( >:(

Another complete load of lies we have been told.  >:( >:( >:( >:(

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9536997/UK-banks-could-be-shut-down-or-forced-into-bail-outs-by-Brussels.html)

I getting very, very tired of these two faced scumbag politicians and their total lies and their utter contempt for us the electorate.

Vote UKIP

Or emmigrate.

That was a serious comment, by the way.
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: stewart000 on 12 September 2012, 21:22:43
All this eurozone trash is getting too much,
we should have a referendum with one simple question on it.....

'Do you want the UK in or out of the euro'
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: cleggy on 12 September 2012, 22:01:22
All this eurozone trash is getting too much,
we should have a referendum with one simple question on it.....

'Do you want the UK in or out of the euro'

OUT Of The EU  :y :y :y


Vote UKIP
Title: Re: UK banks to exclusively bailout French, Spanish, Italian and Greek banks
Post by: Nickbat on 12 September 2012, 22:09:57
All this eurozone trash is getting too much,
we should have a referendum with one simple question on it.....

'Do you want the UK in or out of the euro'

OUT Of The EU  :y :y :y


Vote UKIP

+ 1 million!  :y :y