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UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states

 
OneFootUnder
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UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
Banks in London could be shut down or forced into taxpayer-funded bail-outs against the wishes of the British authorities under controversial "banking union" proposals from Brussels, it can be disclosed.

A panel of European officials would be given sweeping new powers to police the financial sector across the continent but also in the City of London.

They would be given "full decision making powers" to impose EU law and to arbitrate disputes between Britain and the eurozone over the risks posed by British banks, according to the proposals being tabled on Wednesday at the European Commission. Decisions taken by the powerful body would be automatically binding unless Britain was able to win the unlikely backing of a majority and overturn them.

Rulings by the panel could create huge costs for the British government and banks if they were ordered to bail out a struggling institution, contribute to cross-border bail-out funds, or allow the EU to rule over breaches of European law.

...

Under the proposals, the newly "independent panel" of officials would have full and binding powers to impose EU law and to arbitrate disagreements between Britain and the eurozone over how the City is regulated. The proposals will "confer full decision-making powers to the independent panel on breaches of EU law and settlement of disagreements", the plans outline.

...

Less than 50%.
[link to www.telegraph.co.uk]

Last Edited by OneFootUnder on 09/12/2012 06:42 AM
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Commander Vimes

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09/11/2012 10:04 PM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
I don't agree with whats happening in the Euro at all but the banking/finance industry in England NEEDS regulation. A lot of the problems come from deals based in London due to England lax rules and regulations (rehypothecation as an example). If the Euro countries want to stay in the Euro, if England wants to stay in the Euro, then they all need to give up this idea that they are an independent country and cede powers to the Euro. They are getting exactly what they deserve and ASKED for. Pity the common person suffers for it. Vote them out if you can.
Ohwell

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09/11/2012 10:13 PM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
I don't agree with whats happening in the Euro at all but the banking/finance industry in England NEEDS regulation. A lot of the problems come from deals based in London due to England lax rules and regulations (rehypothecation as an example). If the Euro countries want to stay in the Euro, if England wants to stay in the Euro, then they all need to give up this idea that they are an independent country and cede powers to the Euro. They are getting exactly what they deserve and ASKED for. Pity the common person suffers for it. Vote them out if you can.
 Quoting: Commander Vimes


Vote them out??? Perhaps you mean vote all the world leaders out and all the secret government.

It is bad being a slave but even worse being a slave that has an opinion.

There is no we in this matter. Individuals simply have to turn their backs on the system.

Last Edited by Ohwell on 09/11/2012 10:13 PM
Anonymous Coward
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09/11/2012 10:26 PM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
The majority of the UK public want out of the EU, if they started threatening to shut down major banks I wouldn't be surprised if the UK government just let the public have a referendum on leaving.
Anonymous Coward
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09/11/2012 10:34 PM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
All in the plan to create the NWO

[link to en.wikipedia.org]

don't say people did not warn you

Idol1
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09/12/2012 12:01 AM

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
DOOM!!! but no one cares!

PINNED!!! but no one cares!

putin
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taniatarn

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09/12/2012 12:33 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
All in the plan to create the NWO

[link to en.wikipedia.org]

don't say people did not warn you

Idol1
 Quoting: Anonymous Coward 1465548


Yeah i definitely think thats the way things are heading.
Interested observer of all things interesting!

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OneFootUnder (OP)
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09/12/2012 12:38 AM

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
All in the plan to create the NWO

[link to en.wikipedia.org]

don't say people did not warn you

Idol1
 Quoting: Anonymous Coward 1465548


Yeah i definitely think thats the way things are heading.
 Quoting: taniatarn


Most definitely.
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09/12/2012 12:42 AM

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
I wonder if people can pay with silverware yet?
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Factual Error

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There goes your sovereignty, England.

How's that European Union thing workin' out for ya?
Not intended to be a factual statement.
Anonymous Coward
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09/12/2012 03:30 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There goes your sovereignty, England.

How's that European Union thing workin' out for ya?
 Quoting: Factual Error


wrong.

city of london is not england.

it is a sovereign state inside of london, england.
Anonymous Coward
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09/12/2012 03:31 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
as far as the NWO, if they will get rid of the sheep that are easily lead by persons wishing to control them, then i dont see the problem.
itsallbaloney

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There are more American banks in the city of london (privately owned corporation), than in New York
Anonymous Coward
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There are more American banks in the city of london (privately owned corporation), than in New York
 Quoting: itsallbaloney


lol they just sheep, they think your crazy when you say something like that..
Anonymous Coward
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09/12/2012 04:18 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There goes your sovereignty, England.

How's that European Union thing workin' out for ya?
 Quoting: Factual Error


What most Brits don't realise is that membership of the EU lost us our sovereignty decades ago. Literally, in law, the UK (nor any other EU member) is not a sovereign nation. Each is a 'member state' of the EU.

You know that the whole plan was always to create a United States of Europe (along the lines of and to counter the power of the USA), don't you?
Anonymous Coward
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09/12/2012 04:58 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
There goes your sovereignty, England.

How's that European Union thing workin' out for ya?
 Quoting: Factual Error


What most Brits don't realise is that membership of the EU lost us our sovereignty decades ago. Literally, in law, the UK (nor any other EU member) is not a sovereign nation. Each is a 'member state' of the EU.

You know that the whole plan was always to create a United States of Europe (along the lines of and to counter the power of the USA), don't you?
 Quoting: Anonymous Coward 19198791


england is still a sovereign nation, the treaty of rome does not and cannot remove the sovereignty of england.
OneFootUnder (OP)
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
EU Commission chief Barroso calls for 'federation'

EU Commission President Jose Manuel Barroso has called for the EU to evolve into a "federation of nation-states".

Addressing the EU parliament in Strasbourg, Mr Barroso said such a move was necessary to combat the continent's economic crisis.

...

Mr Barroso also set out plans for a single supervisory mechanism for all banks in the eurozone.

He called the plans a "quantum leap... the stepping stone to the banking union".

The European Central Bank would get much greater powers of oversight and regulation of Europe's 6,000 banks under the plan.

...

Mr Barroso said he was not calling for a "superstate", but rather "a democratic federation of nation states that can tackle our common problems, through the sharing of sovereignty".

"Creating this federation... will ultimately require a new treaty," Mr Barroso said.

...

[link to www.bbc.co.uk]
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OneFootUnder (OP)
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
I feel like karma-pinning this myself.
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
All in the plan to create the NWO

[link to en.wikipedia.org]

don't say people did not warn you

Idol1
 Quoting: Anonymous Coward 1465548


This^^^^^^ is what it's all about...is obvious.
Emancipate yourselves from mental slavery - Bob Marley
OneFootUnder (OP)
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09/12/2012 06:53 AM

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
All in the plan to create the NWO

[link to en.wikipedia.org]

don't say people did not warn you

Idol1
 Quoting: Anonymous Coward 1465548


This^^^^^^ is what it's all about...is obvious.
 Quoting: stormer


Agreed, it's plain as day. It's so in your face...
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Bill Hicks', The Very Nature of Time For The Fraction of Time, Interpreted BY OneFootUnder:

[link to demological.files.wordpress.com]
AlphA Canis Majoris

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09/13/2012 08:10 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
bump
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Never be mastered by the effects of thy life.
AlphA Canis Majoris

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
bump
Be ye the master of all that surrounds thee.
Never be mastered by the effects of thy life.
Anonymous Coward
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09/13/2012 09:39 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
One thing is sure, barosso can go to fu..ing hell, if he tries to pull that shit, you can bet your ass that he wont see scandinavia in that shit. Denmark,Norway,Sweden,Finland and Iceland will form their own union. Build a wall around us and shoot every last mf who tries to enter.
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09/13/2012 09:45 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
I don't agree with whats happening in the Euro at all but the banking/finance industry in England NEEDS regulation. A lot of the problems come from deals based in London due to England lax rules and regulations (rehypothecation as an example). If the Euro countries want to stay in the Euro, if England wants to stay in the Euro, then they all need to give up this idea that they are an independent country and cede powers to the Euro. They are getting exactly what they deserve and ASKED for. Pity the common person suffers for it. Vote them out if you can.
 Quoting: Commander Vimes


ARE YOU MAD this is exactly what they want the world worked pretty well before every country had a rothschild controlled world bank. We have to go back to basics and get rid of the reserve currency of the dollar it seriously has to go.
But what we dont want to happen is a world currency if that happens then its well and truly game over.Its no wonder Iraq, libya etc etc wanted to sell oil for gold the dollar has been well and truly raped.
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09/13/2012 09:49 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
The majority of the UK public want out of the EU, if they started threatening to shut down major banks I wouldn't be surprised if the UK government just let the public have a referendum on leaving.
 Quoting: Anonymous Coward 9835859


The sooner we leave the euro the better but of course posh boy camoron wont give us a referendum because he knows full well we want out ASAP.
insertfunnyusername

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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
EU circus needs to end asap. They are doing exactly what they were supposed not to, spreading hatred between fellow Europeans to protect the interests of the banks.
hitler

Last Edited by insertfunnyusername on 09/13/2012 10:11 AM
Anonymous Coward
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09/13/2012 10:12 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
Maybe just logic.
They saw what worked in America.
A big group of Nation States Dominates.

Now where I am at is like the ocean. The Braministic, Saphardic, Judaic, Hispanic Farmers and Cortez's prison demon army came and ate the little fish the local Pueblo Indians. Taking all the best farm land, keeping their hands clean and letting the demons take the negative karma. Now the wealthy white Masonic's moved in led by my dear Masonic relative Kit Carson. So the rich whites used the law to take over the town
and hundred or so years later a fancy white lauwyer from Texas came to town, while the rich Texans infiltrated the state house and senate and well they negotiated the sweetest deal with Texas and all farmer's water rights were sold to Texas. Now technically that's the third white fish. Rumors are Agenda 21 and "Planetary skin" resource control are coming so I guess its time for the Shark.

Now Europe eats America from the inside you know. But their
mistake is in thinking they are the biggest and meanest fish.
It's China and Asia.
Anonymous Coward
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09/13/2012 10:19 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
Maybe just logic.
They saw what worked in America.
A big group of Nation States Dominates.

Now where I am at is like the ocean. The Braministic, Saphardic, Judaic, Hispanic Farmers and Cortez's prison demon army came and ate the little fish the local Pueblo Indians. Taking all the best farm land, keeping their hands clean and letting the demons take the negative karma. Now the wealthy white Masonic's moved in led by my dear Masonic relative Kit Carson. So the rich whites used the law to take over the town
and hundred or so years later a fancy white lauwyer from Texas came to town, while the rich Texans infiltrated the state house and senate and well they negotiated the sweetest deal with Texas and all farmer's water rights were sold to Texas. Now technically that's the third white fish. Rumors are Agenda 21 and "Planetary skin" resource control are coming so I guess its time for the Shark.

Now Europe eats America from the inside you know. But their
mistake is in thinking they are the biggest and meanest fish.
It's China and Asia.
 Quoting: Anonymous Coward 13263762


China and Asia will be dealt with accordingly ... Just you wait and see ....
Anonymous Coward
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09/13/2012 10:29 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
Not from an unelected bureaucracy.

I don't agree with whats happening in the Euro at all but the banking/finance industry in England NEEDS regulation. A lot of the problems come from deals based in London due to England lax rules and regulations (rehypothecation as an example). If the Euro countries want to stay in the Euro, if England wants to stay in the Euro, then they all need to give up this idea that they are an independent country and cede powers to the Euro. They are getting exactly what they deserve and ASKED for. Pity the common person suffers for it. Vote them out if you can.
 Quoting: Commander Vimes
OneFootUnder (OP)
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
Thanks to whomever pinned this, didn't do it myself even though I thought about it.
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Anonymous Coward
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09/13/2012 10:37 AM
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Re: UK banks could be shut down or forced into bail-outs by Brussels - Jose Manuel Barroso wants the EU to evolve into a "federation of nation-states
hey....ho....the EU has to GO!

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