Lloyds Banking Share Discussion Threads

[careful] 24/6/2019 08:47

Why bother to re circulate Redwoods verbose opinions.
we can get that sort of second hand stuff anywhere.
Very few read such guff, it is too long.

Redwood always starts with an incorrect fact then builds a long piece after wards.


This time he starts with the growth of the populist movements in the EU.

In the recent eu. elections for about 470 EU. mp's the status quo was strengthened and the populist parties attained disappointing results.

That is why they feel strong enough to be tougher on the UK. and not renegotiate a deal that had been agreed by both parties.

Many commentators believe that the reason the EU. was strengthened was the mess that Brexit has caused in the UK.

If the EU. continue doing the right thing there will be no brexit at all.
Redwood seems unable to grasp that fact.

[bbalanjones] 24/6/2019 08:41

The pretender "King of the Turkeys",being truly caught with his baggy Y-Fronts awry, screams "I was a Great Mayor of London", at which point 15 other Turkeys shout "All YOU did was delegate and leave it to competent Birds"

[xxxxxy] 24/6/2019 08:31

“We don’t believe you” briefing to foreign press in London

By JOHNREDWOOD | Published: JUNE 24, 2019

“We don’t believe you” thunder the people as the EU tells them that their international rules based system is right for people’s lifestyles and aspirations. Populist movements around the EU are voting into office new parties that challenge the EU orthodoxy on austerity, the Euro, climate change, international relations, migration, control of the media and much else. Today there is a row over who should lead the EU as President of the Commission, given the very fractured party base within the new European Parliament.



There is a feeling amongst many voters that the EU does not advance living standards quickly enough. Its insistence on austerity economics through the Maastricht controls coupled with the statement there is no alternative produces the reply “We don’t believe you”



Its failure to control its external borders is allied to a foreign policy that supported Middle Eastern wars that displaced more people. The Dublin Agreement is breaking down, where the original member state offering asylum or a place for an economic migrant is meant to be responsible for housing and looking after them. The issue of migration reveals a growing gap between what the elite think and what the populists want.



The EU dislikes the social media which carries growing criticism of its policies as well as fake news and cyber attacks. The populists are suspicious of the extent to which the EU wants to regulate and control the media, and are scornful of any traditional media who just accept EU spin.



This gulf is not unique to the EU. Similar feelings in the USA led to the defeat of Mrs Clinton and to victory of Trumpism. The UK avoided the collapse of the major parties experienced on the continent in the 2017 General election, thanks to their joint support for Brexit which saved Conservative and Labour.When these parties delayed or deviated from Brexit they collapsed in the European election. In Brazil there has been a populist tide as well.



In the EU it is remarkable how most of the great centre left and centre right parties of the twentieth century have allowed themselves to be wiped out or blown away by new challengers owing to their rigid adherence to the EU and Euro policy mix. French politics is now a contest between En Marche and National Rally, with the Republicans and Socialists also rans. In Italy Lega and Cinque Stelle dominate. Even in Germany, the one big winner from the Euro and EU policy, the SPD and CDU command less than half the vote between them these days.



What has led to this huge destruction? The collapse of living standards at the end of the last decade and the slow growth since has not helped. The mass migrations were unpopular, brought on by backing Middle Eastern wars which displaced many people from their homes. The insistence on the Maastricht criteria and the austerity policies of tax rises and spending cuts have jarred over such a long time period. Ask Gilet Jaune protesters what they want and they will probably say tax cuts. The concentration on dear energy and restrictions on personal mobility to tackle global warming have also caused issues with the populists, visible in the Gilets Jaunes attack on speed cameras and demand for cheaper vehicle fuel.



Throughout the continent many voters disagree with the priorities of European government as well as with its policies.

[maxk] 23/6/2019 23:57

Front pages, shock horror!

[maxk] 23/6/2019 23:45

If we leave, the end is nigh...

[grahamite2] 23/6/2019 23:43

Free = not subject to alien overlords.

[minerve 2] 23/6/2019 23:26

Will his GF be free though?

What do you mean by free?

Please explain.

[grahamite2] 23/6/2019 22:57

My, there's been a lot of namby-pamby defeatism here today!

I've seen it all before. Three years ago any number of solid, respectable Republicans were writing Trump off. But I was in that minority who remained cautiously optimistic - and we were proved right in the end.

I can tell you now, Boris is going to win and he is going to make this a free country again.

Vive Boris!

[xxxxxy] 23/6/2019 22:10

What I saw and heard behind closed doors in Brussels shocked and scared me. It has never been more urgent for me to get my work into your hands. For a limited time you can claim your hardback copy for just £5. I need to get this book into your hands as soon as possible…

Nickolai Hubble here.

I’m an author, trader and chief strategist of the UK’s biggest publisher of independent financial advice.

And I’m worried.

I’m sure I don’t have to tell you, radical political forces are at work in our country… and across the rest of Europe.

You only have to look around you to see that something just isn’t right.

I’m not just talking about Brexit. Our politicians have contrived to turn it into a national nightmare. But look across the channel and things are, if anything, worse.

To understand why political and military insiders are so concerned, picture this...

You’re driving home from work one afternoon.

Up ahead, you see a there’s a roadblock. Protestors are stopping all vehicles in the road. It seems relatively peaceful. There’s lots of shouting and singing... but no violence.

You stop and wait.

Fifteen minutes later, you’re allowed on your way.

Ten miles down the road, you’re stopped again. Again, you’re held by protestors for 15 minutes, then allowed to pass.

But the next time you’re stopped... things are different. Protestors have thrown wooden pallets and tires on the road. You’re held for eight hours. Night falls. You can’t leave your car.

Other cars are tipped over and set alight. You call the police to ask what’s going on... but there is nothing they can do. There are protestors everywhere. There are hundreds of cars and lorries waiting.

Suddenly, one lorry driver decides to turn around and drive back where he came from. The protestors ram his lorry with a car, then set it alight.

The police arrive... but they don’t arrest anyone. They just escort the lorry driver away.

The same story is repeated up and down the country. Cars are burned. Shops looted. Thousands of people are on the streets. The police and army are spread so thin they’re helpless.

The central bank is set alight. Protestors barricade one government office with civil servants inside. The building is set on fire. The protestors shout “Roast like pigs!” and move on to burn new buildings.

Armored vehicles with EU flags emblazoned on them are deployed to detain the protestors... who remove EU flags from public places and burn them. Fighting breaks out. The police use lethal force to quell the uprising. All over Europe the scene is repeated...

If you think this me being sensational or alarmist, you’re wrong.

I’m not making a prediction. I’m reporting REALITY.

Every single thing I just told you happened in December 2018.

It might sound like the ‘Arab Spring’ that turned the balance of power in the Middle East on its head in 2011.

But this didn’t happen in Libya. It happened in Europe.

This isn’t the Arab Spring…

It’s the EUROPEAN SPRING.

In France, protestors blockaded vehicles, leaving terrified drivers trapped in their cars. In Brussels and the Netherlands protestors fought the police in running battles in the streets.

Several people were killed by the security forces. Cars, banks and public buildings were burned.

Perhaps you saw some of these protests on the news... though I didn’t see the full reality of what was happening on the ground reported through any mainstream media outlet.

In fact, I believe no one publicly reported what was really happening in Europe in December. It was suppressed. Not to contain the riots or pretend they weren’t happening. But to hide the reason why they were happening.

What no one will publicly admit is this: The protests... violence... unrest... it was all connected by a single, dark secret. It’s a secret that implicates the very highest authorities.

This secret explains so much about what’s happening in Europe today – which is why I’ve come here, to Brussels, to expose what’s really happening.

…it’s why cities across France, Belgium, the Netherlands erupted into violence in December 2018, inflicting more than 1 trillion euros worth of economic damage…

…it’s why the security services responded with such brutality, killing at least six people, including an elderly woman...

…it’s why the EU is quietly creating its own army, directed from Brussels…

...it’s why Italy is in open rebellion against the EU’s spending rules, which led to huge sell-offs in the market through 2018…

…it’s why left-wing protestors in Germany recently rallied against rising property prices and a rampant real estate bubble. The state cracked down on protestors… with 100 arrests and 30 police injured.

…it’s why well connected insiders are quietly pulling millions of euros out of the banking system and stashing it in Switzerland (as one Swiss banker reported, “The big fish have been organizing the expatriation of their wealth for some time”).

These events, I believe, are connected… by a dark secret the political elite across Europe, including many of our own parliament, are desperate to conceal.



That’s why I’m writing to you today.

[xxxxxy] 23/6/2019 21:34

Tad Davison
Posted June 23, 2019 at 2:08 pm | Permalink

I’ve already stopped buying Southern Irish produce. If everyone did the same, the Dublin government would have a problem.

After the way Varadkar and Coveney have treated the British, we owe them nothing!

[xxxxxy] 23/6/2019 21:24

LEAVE and WTO

[xxxxxy] 23/6/2019 21:23

BREXIT FACTS4EU.ORG SUMMARY

EU's latest consumption per person figures, by country

UK is in 5th place for 'material welfare' after Luxembourg, Germany, Austria and Denmark
18 countries are below EU average
Candidate countries to join EU are at just 44% of EU average
The US consumer is 57% ahead of the EU consumer


© Brexit Facts4EU.Org - click to enlarge

What do these figures mean?
“Actual Individual Consumption consists of goods and services actually consumed by individuals, irrespective of whether these goods and services are purchased and paid for by households, by government, or by non-profit organisations. In international volume comparisons of consumption, AIC is often seen as the preferable measure, since it is not influenced by the fact that the organisation of certain important services consumed by households, like health and education services, differs a lot across countries.”

- EU official statistics agency, 19 Jun 2019

The silent transfer of wealth from UK taxpayers to the majority of EU countries

Read Brexit Facts4EU.Org

[mikemichael2] 23/6/2019 21:08

You mean it's not flat?

[maxk] 23/6/2019 20:52

Your a real business man Min, paying 5X the going rate for a soft drink...acumen!

[mr.elbee] 23/6/2019 20:50

spot on maxk..that is exactly how I see it.

[bargainbob] 23/6/2019 20:38

Minerve , be careful , you do not want to give Maxk nightmares on a Sunday night.

[maxk] 23/6/2019 20:20

Online poll ... really?

[bargainbob] 23/6/2019 20:01

"I’m just back from the Highland Show. I don’t know how or who decides these things, but after the attempted Union Jack re-brand of black pudding and whisky last year, this week saw a welcome return to branding of local provenance. A lot of us were rightly upset at the Show committee last year, but they seem to have listened and put it right. Fair play to them.
I’d be interested to learn how these decisions come about. My own hunch is that it comes down to an old fashioned business decision. Folk trust locally sourced food and drink and are happy to pay for it. And does an ubiquitous union flag have any positive connotations left at all in this age of the Brexit omnibouroch?
A couple of other observations. The UK Government tent wasn’t doing a lot of trade - nobody wants tanks on their lawn - and nobody was entertaining the Scottish Tories, whose tent looked about as worn out as their “you’ll have had your vote” schtick. 63% of Tory members would happily lose Scotland if they “gained” Brexit, which led yesterday to the slightly desperate sight of a tiny group of party activists trying to hand out flags that represents something - the “precious union” - that their own party couldn’t give a toss about. That’s a pretty difficult circle to square for a party whose only card is continuing London rule.
The tent had the air of a closing down sale, but that would suggest some sort of value in the goods. Yesterday they couldn’t even give the flags away for free, and when people actually ignore you then the game really is up.
There’s a change, a shift. The industry, like Scotland, felt yesterday like it was a bit more comfortable in its own skin, like we were already living in a newly independent country.
There’s a line at the end of a Berthold Brecht play.
“Remember the wisdom of the ages”, says the narrator, “that everything belongs, by right, to those who care for it”.
Scotland belongs to those who truly care for it."

- Alec Ross

[maxk] 23/6/2019 18:58

It will all be over soon.

The knives are out for Boris, and eventually he will cave and withdraw.


Then the €uro supporters can slip Jeremy (continuity May) Hunt into the top job unopposed and without the need to get the smelly con party members involved.



Sorted...trebles all round!

[rogerrail] 23/6/2019 18:33

The first priority for a PM is to get the Brexit “monkey off their back” , and David Owen ( not my favourite MP ever!) on the face of it provides a creditable route in the ST Comment page 21.
If Boris or Hunt are politically savvy they would take his advice – take the easy route out with membership of the EEA on a provisional basis and worry about any firmer agreement after 31st Oct (if any needs to be taken at all and I would hope they would stop at that). In fact many who campaigned for Brexit were proposing this as a possible route anyway. At least then it will stop the headline criticism of the Gov't for not getting us out of the EU.