Brexit
 

And Cameron resigns. This is going to be interesting. What does everyone think?

My opinion is that the majority of Brits are tired of the liberal policies of the EU.

I guess they are tired of their pound price to. The price went from 1.50 to 1.35.

So a new government can decide NOT to leave the union?

It wasn't a binding vote I believe. If the powers that be don't want to leave, they'll go kicking and screaming delaying the whole process. They'll ask for a re-vote with a few added "sweeteners" for the public.

Cameron was against leaving and he resigned upon hearing the news. From what I understand it is a binding vote and the government is beginning the withdrawal process, which could take up to three years, this morning.

Closer to home Dow futures are down over 500 points. Much worse overseas.

Even if they must endure a time of hardship, they will have their freedom from Europe. The refugee problem was the straw that broke their backs and they wanted to be done with it. It will have an impact on us also, but better their freedom than to have to continue to be lorded over by an inferior group of needy countries of Europe. They'll be OK in the long run and still have control of their own country. Their economy will take a big hit, especially when big business moves out.

It is NOT a binding vote.

is brexit binding? at DuckDuckGo

And the interesting aspect of this vote was the odds makers had the "remain" winning. Another reason not to count Trump out just because of our bookies.

Ho Hum!

Next?

The South tried this once...

I believe this is a bit different. But, if you must our colonies did it once and we did seem to be doing pretty well until about seven and half years ago. :icon_wink:

So you would definitely trade places with them.

Yes we did very well under George, great thinking from a tea bag trumpster.

What makes you say that? In case you do not remember American History, we DID break away from Britain once upon a time. And we are doing very well as a result.

England will do fine. We will too, IF we reject socialism.

Interesting that you think we are doing better with Obambie. There is no factual basis for that. And I hate to burst your bubble, but I have never been a member of the Tea Party or to their meetings. Not that I disagree with their ideals. But, what would you know about them? All you have as a basis for your derision is liberal talking points. Your ignorance of the Tea Party is quite evident.

Apparently the world has forgotten what all the countries were before they were sold a bill of goods called the EU.

Somehow they all survived as soverign countries for hundreds of years without the world cracking and frazzling.

It is good to see the people of their respective countries rise up and fight back against centalized governments that forgot what their tasks were in being united.

Hopefully the same rising up of the masses will do the same here in the USA in November.

Down with the useless, over burdened, ever growing government that forgot who the work for/represent!!!

"Even if they must endure a time of hardship, they will have their freedom from Europe" I didn't know they were captive. Yes, they are ecstatic as they see the pound plummet.

The Civil War was a break from a "union" not the Revolutionary War. That's why I said the South didn't fare very well.

Civil War...Civil War.

They were, beholden to the EU, as our states are to the US federal government.

Makes you wish you sold everything but your losers yesterday, too late!

Britain accounts for only 4% of the world economy...eventually the brokers will come to their senses and stop the panic and then things will resume to growth, just like it has with past declines. Buyer's market this morning?

Bully for the Brits! Congratulations for taking their country back! It's just a preview of what will happen here!

Brits were being dictated by 40,000 EU officials in Brussels that were not elected. They were being told they could not use electric tea pots, toasters, blow dryers and toaster ovens! Huh? Their neighborhoods are being taken over by immigrants. The middle class there are losing their jobs and being forced to pay for the welfare of all the immigrants including socialized medicine. Over half of the laws on the books were dictated by Brussels like criminals could not be sent to their home country because they a a Brit girlfriend?

The British middle class response to the stock market going down in Britain? "We can't afford to have any money in the stock market so why would we care?"

Any experienced investor here knows this is a buying opportunity not a crying opportunity! A 3% to 4% correction is peanuts!

European countries have been losing their unique identities and heritage. The kooks in Brussels have been jamming their liberal ideas on a proud people. Britain is the first and I bet not the last to take their country back! I guess they have a not so silent majority too!

Hooray for the Brexit!

Our next exit opportunity is now only 6 months away!

OBAMA-Exit!!! THANK GOD!!!

:agree: amen! and :thumbup:

That's a stupid statement.

:agree:

Some patriots are willing to sacrifice for their freedom. Liberals, on the other hand will sacrifice OTHERS for their dependency on socialism. They will have a sense of freedom for their country and not beholden to Europe's whims. Obama would gladly join the EU if he thought he could get away with it.