Posted on 06/24/2016 7:39:13 AM PDT by mandaladon
LONDON British voters didnt just shock the world and the financial markets by voting to leave the European Union hours ago: They also ignored President Barack Obama, handed Hillary Clinton a potential economic burden and injected new energy into the populist currents roiling politics on both sides of the Atlantic.
The surprise 52 percent - 48 percent result in favor of leaving the European Union which British networks projected just before 5 a.m. local time came after a tense night of vote-counting throughout the United Kingdom. British Prime Minister David Cameron later announced he's resigning, citing a need for "fresh leadership." The British pound rose and fall rapidly as the anti-EU Leave movement piled up big margins in the northeast, swamping wins by the Remain camp in London, Birmingham and Scotland.
In addition to driving down the pound by nearly 10 percent, the vote slammed global markets, with shares in Asia down well over 3 percent in early trading. Futures markets also indicated a big swoon coming on Wall Street early Friday morning with shares expected to drop more than 3 percent. That would amount to a Dow drop of close to 600 points, a plunge frighteningly reminiscent of the 2008 financial crisis.
Market analysts struggled overnight to reckon with the potential global impact of the Brexit vote. "Massive institutional uncertainty is now being superimposed on economic fragility and financial fluidity," said Mohamed A. El-Erian, chief economic adviser at Allianz.
Central bankers and heads of state around the world sought to calm the financial markets and limit the damage from the vote on Friday morning.
(Excerpt) Read more at politico.com ...
I disagree. Ø has been out-pussied by the governors, AG's and legislatures of the various states he has imposed upon. Which governor has effectively pushed back against any of Obama's unconstitutional mandates or that of out-of-control court decisions? I'm tapping my fingers waiting.
I’m sure that the reason the Brits voted to leave the EU has something to do with Global Warming.
I hear that bandied about a lot. It is assumed that ethnic minorities automatically mean bad things for conservatives.
That need not be so. We should not concede that all ethnic minorities will automatically go into the Democrat (liberal) column.
It's time that conservatives start reaching out to these people. I believe that Trump is a good start. But he cannot do it alone.
In the Oval Office the Churchill bust was replaced with one of ML King Jr., and now sits outside the Treaty Room in the White House.
Writing in U.K. publication The Sun today, Johnson accused Obama of removing the bronze bust of his hero, Winston Churchill, from the Oval Office by suggesting that it was "a symbol of the part-Kenyan presidents ancestral dislike of the British empire of which Churchill had been such a fervent defender."
"For the United States to tell us in the U.K. that we must surrender control of so much of our democracy it is a breathtaking example of the principle of do-as-I-say-but-not-as-I-do," Johnson goes on to say in the op-ed. "It is incoherent. It is inconsistent, and yes it is downright hypocritical. The Americans would never contemplate anything like the E.U., for themselves or for their neighbors in their own hemisphere. Why should they think it right for us?"
The globalists will try to teach us a lesson financially we need to be ready with the second blow more powerful than the first
Very interested to watch the Netherlands now. They are a muslim-overrun mess. I hope BREXIT acts as a testosterone booster.
People of different languages and cultures do not, cannot blend successfully. “When in Rome, do as the Romans do” is an old and valuable statement.
Ummm... NAFTA...
I don't think I'd read that much into it.
I just wonder what the October surprise will be?
Ah, something tells me that, with Trump’s past “association” with the Clinton’s, he probably knows a few things that the Clintons hope he DOESN’T know.
So, maybe the real question is, “Who is going to surprise whom?”
Well, I’d sure like that to be the case and don’t think it has not crossed my mind but I really hope he does not know the clintoons that way.
“Without the EU millstone, Britain can once again be Americas best ally (after Obama is gone, of course).”
We can reestablish our ally ties with Britain by going to a Brit website and ordering a Brexit T-shirt. They run about $27US with $6 shipping to the US. Don’t need King Buckwheat’s permission.
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