Thanks mate – perhaps much will change in the EU before Brexit is finalised ( If it ever is ). German & French elections next year, can’t see Merkel & Schauble taking kindly to losing their throttle hold which it seems they are keen on rapidly tightening due to other signs of mutiny with more fedalisation. Italy is in a mess with Renzi stuck between a rock & a hard place & Junker wants to by-pass the European parliament to install CETA. Having said that though, they might well keep all those plates spinning on those flimsy sticks & unlike some i don’t see myself as a fortune teller.
Rocks or hard places for us all ?

Werner really nails it with that Steve. I am completely at one with your views both in my own actions and post vote sentiments.

Could be a very long haul : https://ukconstitutionallaw.org/2016/06/27/nick-barber-tom-hickman-and-jeff-king-pulling-the-article-50-trigger-parliaments-indispensable-role/

Anyway – here’s a very good analysis in my opinion, that is a very good rundown of what many of those who consider themselves as the well informed are missing or ignoring in terms of the EU – coupled with an analysis which hopefully rightly debunks the sky is falling hysteria, recommended by Steve Keen which was written before the vote.. At least for the moment we still have the keys to our own house, but no prizes for guessing who wants to take them away in what would be battle I think for something more important – our Democracy, or at least what is now left of it.

https://professorwerner.wordpress.com/2016/06/21/eu-basics-your-guide-to-the-uk-referendum-on-eu-membership/

@GSSH

The EU Parliament has no power to effect change in legislation,it is a rubber stamp collection of troughers.
Legislation is compiled by unelected bureaucrats, who are corrupted by powerful lobbying bodies.
The 20 man Commission does no great scrutiny, but also rubber stamps.
The EU is not a working democratic institution, but has evolved into a corrupt bureaucratic dictatorship.

Thanks for clarification.
As far as I know, TTIP is still being negotiated by the European Parliament.
I don’t know at what state the negotiations are over the contested issues – I didn’t check but will follow up doing so.
The very nature of ongoing negotiations would suggest that there is opportunity to influence decision making by elected MEPs.

While I share concern over particular points in TTIP, I don’t believe a trade agreement is bad in itself. It depends on the content.

The UK will have to negotiate many trade agreements now, and TTIP may well be amongst them.

@GSSH,
By exiting Europe , we have some hope against the corporate takeover by TTIP.
i am all to aware how privatisation by our own corporations of State assets has looted the UK and turned its citizens into toll paying serfs.
We have an opportunity to reverse this with a Labour Govt but none under the EU.

Salford Lad, since you’re quoting Bill Mitchell’s paragraph without further comment, may I ask you to exemplify how exactly this vote is a victory for the people against corporate elites? I fail to make that connection.
Are there no corporate elites / multinationals originating from the UK?

Just to be clear I share the opinion that corporate elites have corrupted policy making and politics, I just don’t see how this vote changes anything about that.

Hat tip to Bill Mitchell-Economist for the following;

The Brexit result restores the potential of the British people to resist the corporate elites and their servants in Brussels who have imposed the most brutal neo-liberal austerity – the most horrific treatment of European people for decades as can be seen by the approx 50% youth unemployment in the PIIGS economies.

The people have rejected the corporate elites, who have wined, dined and corrupted the political elites of Europe to ensure the distribution of income is pushed further to the 1%.

The EU have destroyed a nation (Greece) and left it as a beggar State in the EU..

All the talk in the late 1940s about creating political structures to ensure Germany never went to war again are now irrelevant. NATO has contributed to the dangers of a WW111, by the provocation of Military execises with 30k troops on the Russian border in the Baltics and the recent positioning of Nuclear weapons in Romania and soon Poland.

The European Union – the ‘European Project’ – is a decaying, schlerotic, necrotic bureaucratic entity, that is incapable of dealing with the challenges of the present, much less the future.

Its economic design has failed miserably, It is incapable of dealing with the migration issue. It has long gone past its use by date.Good riddance.

Thank you for those links Roger. Both very interesting. I tend to agree with you about capitalism but I don’t think anything can be done about it. The “joys’ of consumption are too entrenched. BUT what will happen when mechanisation takes away most jobs? Something else, something more cooperative, may emerge. Something that might acknowledge that we are only a part of life on this planet and we must look after our planet for us as a specie to survive. Dream on Patricia, dream on.
Your comments about ursury are interesting. I have a young Saudi man living with me and I asked him how the Muslim religion, which forbids the charging of interest, allows the Banks to operate. He said that the Banks buy the house you want and then sells it back to you at an inflated price. I can see an advantage in that in that the individual then knows exactly what they have to pay each week. Here in New Zealand the banks can alter the interest rate they charge through out the life of the loan.
While I agree that my FTT tax could be regarded as a band aid, surely we have to start somewhere otherwise we are just accepting that nothing can be done. While I am 77 and at the end of my life I do have grandchildren. I do think each and every generation has an obligation to leave a world better than they inherited.