So who is shopping Brit or will the gun prices in pounds Sterling take a quick uptick to adjust for present exchange rate/politic?

The present may or may not be a good time to acquire a nice double from across the pond. Anyone care to speculate?

Pound is at the lowest level to US dollar since 1985. Biggest single one day drop ever. Euro drops as well. Brexit will have huge and unknown impact to British, European and world economies. My guess is the medium to long term benificiaries will Britain, the remnants of The Comminwealth, America and Russia. In the short term a different story. Disruption everywhere. I'd buy Sterling if I was a currency trader.

will there be a chain reaction ?will germany leave now ?is the immigrant influx the reason for the split.10% loss on brit currency.wow i didn't think this would happen.is cameron gone?

It's a lot of speculation at this point but id say Cameron will be gone shortly. I think Germany won't leave suddenly as a result of this. Free trade I think is a major component of influence. And I think it's more than just immigration.....although that's the face of it....it's the loss of sovereignty. Your government being told by another entity what the rules are.

i have read that people in other EU country's could go to england for jobs(and germany)but with so many eu countries having economic problems maybe the britts have had enough of this collectivism.i didn't expect them to leave,is this a repeat of the 1979 resurgence of conservatism in England.

The future gona tell more, the British people voted yesterday and the result is that 52 % voted for the Brexsit. Pond is all ready 10% down this morning.
Cheers, Marc.

Mr Cameron has resigned; he'll stay in post until a new Prime Minister is selected by the Conservatives, but will be gone before the Tory party conference in convenes in October.

The ramifications both political and financial are all unknowns at this point, although the anti-EU sentiments with the other EU countries are making themselves felt. Elements in the Dutch parliament have already called for a referendum in Holland.

This vote does not IMO reflect any rise in conservatism; it was the Labour party heartlands that brought in the biggest "Leave" numbers.

The immigration thing has been vastly overplayed; there are 400,000 Asian Muslims in Birmingham and not one of them will go back home because of this result.

As regards the EU citizens coming here to work, London is already the seventh largest French city. I expect a lot will be going home as London loses it's position as a world financial centre. Invest in Frankfurt!

I voted to remain, but we've got what we've got, and as the old curse has it "May you live in interesting times."

Eug

Short term the Pound will keep dropping as it will take time to figure out how the exit will be done. People who hate uncertainty will sell pounds for what they hope are more stable investments. Long term the Pound should recover and rise. If you are traveling there or buying say guns there, to bring back, the stronger dollar is like a sale price on what you buy.

The real question is how stable can the EU be in both the short and long term? Face facts if the most solvent countries leave the EU is doomed. Contracting economies are not stronger banning together, they need rising economies to bring them up as they grow. An EU without GB, Germany or France is just a mini UN of second and third rate countries. If you loose two out of those three it's all over. It all comes down to what happens next in the next two or three years. More exits will be bad but if none happen quickly the EU might survive in a weaker form.

I think its a good thing....this new world order crap just screws over middle class working people....lowers wages...and further fills the pockets of those that have it all already....

The pound will go up and down like Yo-yo for a while as the market hates uncertainty. It's known as a 'dead cat bounce'. Other European countries also fed up with the E.U. are looking on with interest. It will take at least two years to negotiate the split. Don't get too excited about exchange rates just yet as they first went up before going down during the night. It's business as usual for now. U.S. trade with the U.K. should get easier without E.U. interference. Lagopus.....

The British simply said to Europe, we either beat your A$$ or saved your A$$ for centuries and now you are telling us what to do. I don't think so.

It was just reported that Soros was heavily shorting the Pound.

"The revolt against elites is real in the UK and America and it's only getting started. Maybe there will always be an England."

Citizens of truly democratic countries don't want unlimited immigration into their countries by people who couldn't be less interested in democracy. They also don't want to be governed by the rules and regulations of faceless bureaucrats whose not-so-hidden goals are power and riches for themselves and their friends

Many, probably most, Americans feel exactly the same as their brothers and sisters across the pond. They despise the same elites and want to save their country.

That most elite of presidents, Barack Obama, who opened his morally narcissistic mouth supporting the Remain side and warning the British people, as he is wont to do, that there would be "consequences" if they voted to leave the EU, is in no position to do anything, even if he wanted to. And he doesn't.

Long live the Anglosphere. Remember the Magna Carta and all that. This is a day truly to celebrate, even if stock markets are crashing around the world. They'll come back. Look on it as a buying opportunity. A bubble has broken, but it isn't a stock bubble. It's a human bubble consisting of elites who seek to govern in a manner not all that distant from Comrade Lenin, just hiding under a phony mask of bureaucratic democracy. They've taken a big body blow from the citizens of England. Churchill would be proud. Time for America to follow suit.

https://pjmedia.com/diaryofamadvoter/2016/06/23/brexit-vote-has-huge-ramifications-for-us-politics/

Time for America? Cameron gambled to solve a split in the Conservative party and now has broken his country asunder and will pay for it big-time. Sound familiar? America's divided conservative party produced Trump. Churchill proud? UK will be lucky to hold England and Wales, Irish and Scots will be out of it. Europe's financial centre of London will gravitate to Frankfurt. The toffs always win, and the only guy rubbing his hands is Putin.

Brown's version of "There will be blood running in the Streets!"

Isn't that going to be something. Watching one country try to bail out the entire eu off the profits from selling high end cars to elites in failed states.

The xenophobic rhetoric was rivaled only by the jv team, and still they 'won'. Maybe the only coalition that can be built is the turn and run movement any time the US pres take a 'tough' policy position.

Poor King Brown. Majority rule votes are a good thing to him when anti-gun Liberal Socialists like his hero Barack Obama win.

But Majority rule votes are apparently a bad thing when Obama gets embarrassed and the British people decide that stronger EU economies bailing out failed Socialist economies like Greece isn't their cup o' tea! Same goes for seeing the real problems with open borders and stupid trade deals that screwed their citizens. Sounds a bit familiar.

The EU needed Great Britain much more than Great Britain needed the EU. Britain will be fine, and Kingsley Lenin Brown, the Blue Nose Pinnochio, is wrong again. Happy Independence Day Brits!

Oh yes, here's a link to LyingCrookedHillary.com

https://www.lyingcrookedhillary.com/lie/...p;utm_content=A

Warning: Do not click on this link if your stomach can't handle looking at this anti-gun hag without her Botox and Bondo!

I fear that you have failed to grasp the depth of feeling regarding the immigration issue,,just like the politicians did ! The sheer uncontrolled volume of Eastern Europeans and others is what is swamping our education and health systems and the people have said it must stop. As for the Muslims,,once the matter of the European Human Rights courts are addressed and a British Bill of Rights contrived then we will no longer have to tolerate the excesses of behaviour we currently do.

I think the Brexit is only the beginning, the Netherlands also are ready to leave the EU. In Italy in Roma and Torino are elected 2 new mayor and both are against the EU.
Cheers, Marc.

Its a great feeling to be on the way to independence,,,,though of course,you chaps over the pond know the feeling well. Now we know what it's like !!

Dadgum Brexit. I was one page away from winning a free lunch. Guess I'll set my pup tent up in Campus Martius and hope someone takes me to Lafayette Coney Island.



___________________________
What do you do...WITH A REVOLUTION?!! Courtney Love

Best informed response to Brexit that I have read today: https://www.chathamhouse.org/expert/comment/brexit-reality

As for Frankfurt or Paris becoming the financial centre, I'm not so sure. London is not only the multi-currency financial centre of the world, it's also a brilliant place to live and work, a fact reflected by the cosmopolitan nature of the city.

Tim

i don't think cameron understood the migrant effect on the people in england.refugee and job seekers from failed eu members and Brussels dictating behavior.they had enough.i don't think it is a realy complex geopolitical reason i think it is basic human desires of some self determination,and i don't think the results will be as overwhelming as the pundant are saying.

It is a brilliant place to live and work, Tim, attracting young people from all over the world. I have two friends with Thomson Reuters and Bloomberg in London visiting our home right now and a granddaughter is there doing wonderfully. They say London's financial infrastructure is so deeply rooted that going elsewhere will take years.

I think you're close for a short post, except trying as hard as I may, I can't find anything good coming from it for the UK.

On the day of the vote my son was in Washington DC having an ogle at the Magna Carta and the Declaration of Independence. He was suitably agog at the importance of those two documents.

Long live the Anglosphere!

This royal throne of kings, this sceptred isle,
This earth of majesty, this seat of Mars,
This other Eden, demi-paradise,
This fortress built by Nature for herself
Against infection and the hand of war,
This happy breed of men, this little world,
This precious stone set in the silver sea,
Which serves it in the office of a wall
Or as a moat defensive to a house,
Against the envy of less happier lands,--
This blessed plot, this earth, this realm, this England.

All the best to the Brits!

Mike

The EUSSR is a german owned undemocratic, dictatorial monster. Here in Ireland, we were asked to vote in a referendum on the Lisbon treaty about eight years ago, we voted no. We were then told by the EU that we would have to vote again as no was the wrong answer. We were also told that we would have to continue to hold referendums until we gave a yes vote. Democratic ?

What is also scaring people is the possibility of Turkey getting in. The turks wanted and were demanding one million EU visa's for its citizens for its handling of the Syrian refugees. So thats one million muslim turks and one million syrian refugees (allowed in by Angela Merkel). We are told by people like Peter Sutherland (ex-goldman sachs bagman) that the Eu should "undermine national Homogenity in member states, enforcing multiculturalism if those countries want it or not.

Fingers crossed this is the beginning of the end of this rotten empire.

There's a silver lining. If we can't trust the people's vote, there's gotta be three or four progressive acedemics that can take this to court and have it nullified. You'd think the one world court is stacked towards the village? I'm glad you don't have to listen to brussels sprout up about how to pulp timber.

http://www.euractiv.com/section/justice-...ers-collectors/

King.self determination on how the country is run,have the ability to say what economic direction it will take, and how it gdp is spent.you need to try harder much harder

"I'm glad you don't have to listen to Brussels sprout up about how to pulp timber."

Now that's funny!

Don't worry, King. You know it's going to be...alright.


________________________________
You say you want a revolution.... Lennon/McCartney

Old-people hubris won't carry England that far, mc. Scotland and Ireland will go. I can hear the wailing for a morning-after pill from here.

Such a pessimist,King. I'm disappointed in you.

You have to admit, craigd's quote was pretty darn funny.


_______________________________
I got a blister from, touching everything I see. Courtney Love

I broke out the 90's punk/alt tonight. L7, Social Distortion, Mudhoney etc.
The good, not so old days in Cali...

p.s. and how far is the young people stupidity going to carry England?


________________________
Born to lose. Mike Ness

i think it was primarily a immigration problem, how long would you want to be told to pay the way for someone who hates your country and your history.70% percent of the country voted. it wasn't a single demographic so old persons pride means nothing.King,,, this whole thing will give you days and days of hand wringing and pontificating.

This sums it up. An excerpt from the popular 1980's programme of 'Yes Minister' and 'Yes Prime Minister'. All still relevant today. Lagopus.....

https://www.youtube.com/watch?v=37iHSwA1SwE

"Pig's breakfast..." Thanks for the early a.m. laugh. Gil

"Good mornin', Breakfast Klubbers, good mornin' to ya- My name is Don McNeil, and I'll sock it to ya- first call to breakfast, Ex-Lax's call to breakfast- Ok, the Stan Freburg version of Chicago AM show, we got clear in the Queen City- on the white Philco radio Grandmother had on the kitchen table--Grew up with old Don and his morning crew- whilst chowing down on my Wheaties--breakfast of Champions- No pig meat, even in "Pork-opolus" Cinncinati-- home of the famous "dancing pig" and the "handsome waiter" on the beer serving trays back in that era-- Never got the BBC shows very clearly however--

A toff who never worked a day in his life before his wife got him a job in a Bristol tv station prior politics tried to fix a split in his conservative party and took the country out of the biggest market in the world. Immigration was part of it. A greater influencing factor was Cameron's poor judgement by betting the country to fix a relatively peripheral issue of governance.

As for demographics, a distinguishing characteristic of British is they don't like being told anything by anybody. Those who remembered the days of guns and glory voted to leave. The young (who will pay the consequences), 80 per cent of London and Scotland and Ireland voted overwhelmingly to remain, a generational/regional split if there ever was one.

Pride often goes before a fall.

That places him "one job up" on Obama.

I see a few in his biography, Ken, unless community organizer, lawyer, teacher and professor don't count.

http://abcnews.go.com/International/brexit-vote-prompts-talk-uk-breakup/story?id=40099409
Scotland voted 62% Remain.

Northern Ireland voted 58% Remain.

http://www.bbc.com/news/uk-politics-36616028
London voted 60% Remain.

Notice how the liberals accuse the right of scare mongering and exploiting fear. But watch Obama, Hillary, and the Democratic propaganda organs New York Times, MSNBC and CNN make dire predictions for the UK after leaving the EU. Nobody knows the consequences. But those folks will sure make you think they do. Just like the knew that the vote was going to be "Remain".

And I don't think those Englishmen and the Americans that want to control immigration into their nation are racists. I think they are culturists. They have pride in their culture. They believe it has intrinsic value, that the rule of law, the Constitution, good work ethic, honesty and giving more than you take make for a great culture and a great nation. They don't want their culture swamped by the uncontrolled immigration of people of other cultures. They aren't against immigration, just uncontrolled immigration.

There is a difference in pride in culture (patriotism) and a pride in self.

Pride often goes before a fall. It you don't believe it just ask the EU government in Brussels.

It seems judgement can be criticized. Why can't a certain US pres' judgement be criticized for issuing the identical bet to influence the vote of citizens of another sovereign nation?

It can't be financial burden as we've learned there is no social entitlement that can't be printed or mortgaged away. What consequences will England's young face?

I believe "community organizer" is a euphemism for "unemployed".

We're not thinking about the same fellow that said a few days ago that he wants to buy an nba team, is it? Does he have some large corporate off shore foundation with a well compensated CEO?

I think he anticipates his income from paid speeches to Goldman Sachs.

Consequences for the young? Opportunity and travel, smaller fish in a big pond, the travel a part of their jobs in a more cosmopolitan and globalized world---as one. I can't think of any aspect of the split as an improvement on their lives. I take this first-hand from visiting Bloomberg and Thomson Reuters pollsters and writers in London visiting us for a few days. Their life-savings also have taken a serious hit. British inquiries for Canadian residency went up 100 per cent yesterday. The worst, of course, is end of UK and most likely EU. Scotland and Ireland already talking referendums.

I think the vote represents the people being sick of all the 3rd and 4th world country imports flooding their country...and all the good paying middle class jobs being exported....to countries that don't give a damn about the working class or the environment....and all this being done by companies that built their reputation as home country loyalists....its always been whatever produces the most profit....but they have bought off the current politicians allowing all these foreign made imports without tariffs....and now to lower the wages on the jobs they cant export they allow all this unregulated immigration....the rich slobs are winning... but I think that will change....a lot of voters are getting fed up and are finally showing some balls....

May be. Practitioners often considered "journalist" as an euphemism for a reporter out of work.

Interesting opinion. I'm so concerned about consequences of the likely Mother Country break-up that thoughts intrude: "What would the US be without California's GDP?" And, to be devilishly partisan, What would the US be with a drawing back, we'll go it alone, our way or the highway in a globalized world?

Can you all believe this... the biggest news story in the UK and EU in decades, yet all of these Bloomberg and Thomson Reuters pollsters and writers from London are spending their time where???... in rural Canada, seeking counsel from the Muse of Nova Scotia.

I'd imagine that Martin Luther King, John F. Kennedy, and Bobby, Teddy, and Jackie are there as well, nodding in total agreement and drinking toasts to Scottish and Irish succession with glasses of King's award winning wine... which was actually made by someone else!

King, what do you know about these crop circles? Surely you have some little green men staying with you too.



Interesting to see how the interests of the corporate fat cats suddenly take precedence over those of the working class when it also supports Socialist income redistribution, open border policies, and the interests of Liberal supporters of globalism like Obama.

Just a couple of points if I may;
Travel will be in no way limited or restricted unless producing a passport constitutes an intolerable burdon.
Life savings have not been affected in any way,,the interest rates here have been near to zero for years now .
Your informants are unfortunately typical of the Metropolitan Liberal Outlook who failed to be aware of the mood of the country at large for so long.
Regards,
Velo.

Well, Brittain, except for continental drift, is the same thirty miles or so coast-to-coast from Europe as it was before the Brexit vote. I doubt that Channel Tunnel will be filled in. England is already cosmopolitan. And blue collar Brits won't have as much competition for blue collar jobs as they would with unfettered immigration. I am always surprised at liberals' inability to connect inequality, the plight of the working poor and immigration (legal or otherwise).

Well, many Americans took a big hit on their stock portfolios in 2009. Seem to have pretty well recovered though. Would it it be possible for that to happen in UK?

Based on the same pollsters that predicted "Remain" or perhaps those bookies giving 80% odds of "Remain"?

Scotland had a referendum in 2014 while the UK was still in the EU. So no change there.

Some Texans have been talking about seceding since before we joined the Union. Of course, the European Union won't invade England to force it back into the fold.

Wait 'till the U.S. Forest Service with their 100 million rounds of 9mm gets up there and starts barking orders on how to pulp timber. Can you say-fantods?

_________________________
Funny video lagopus.

The rage around inequality in the G7 and G20 is a new phenomenon as the young and middle class recognize how they've been lied to by money which conned electorates to vote against their best interests.

Another polling blunder: it's been explained to me how it happened and they're trying to change the algorithms---again. My informants had it close, maybe 51-49 for Remain. Four points and million-plus votes not near close.

God knows what will happen, Mike. 2009 to now is a long time for a not-robust UK economy. We're only seeing the first of it.

Jerry Adams is in high flight in Ireland and Scotland's independence is still near the front-burner.

The Americans have nothing to teach Canada about responsible forestry. My organization won the world's top award for it in 2014, for its work over over half of the province. We intend to make the entire province the greenest constituency in the world. Totally voluntary by tens of thousands of mom-and-pop operations who do it because it's the right thing to do. No guns needed.

What does Brussels have to teach the English on how they want to run their country? Why are you so concerned about money? What price is freedom?
Dumbasses should have hedged. Always hedge.

King, it is stunning to me that you have aligned yourself this time with the privileged few. There is a blindness the left exhibits again and again when two fundamental beliefs turn out to be mutually exclusive. Lets try the feminist silence for the most misogynistic culture on earth today. King, the defender of the little guy, lining up with the Eton elites.

King, a recent study in the UK demonstrated that will the posh represent about 7% of the population they hold over 50% of the power positions in politics, business and the civil service. And by posh, I mean the high school graduates of Eton, Harrow, Charterhouse etc. I know you know I'm one of those few, but I've done my part.....I opted out of power! LOL

They have been lied to about the effects of globalization (elimination of tariffs) and unfettered immigration on their lives and their livelihoods.


I hope your dinner guests, with their uncanny ability to predict the outcome of a 33 million vote, placed a big bet on "Leave". 10,000 Pounds-Sterling would pay 40,000.

But you, your dinner guests, MSNBC, CNN, and the New York Times don't know. This may be the greatest thing that has happened to England since the sinking of the Spanish Armada. But y'all continue to fear monger the issue even though the outcome is uncertain. And the outcome of a "Remain" majority vote was just as uncertain. Greece, Spain, Ireland ("southern Ireland") and Portugal are in some dire financial straits.


Again, Scotland voted on seceding in 2014 while Britain was still in the EU. So no change there.

Again, some Texans have been talking about seceding from the union since 1844, before they joined.

And what if Ireland and/or Scotland do secede? Australia, the United States and Canada are no longer part of the United Kingdom. Britain seemed to do OK without us.

No one in ireland cares less what Gerry Adams thinks or says. He is a bad joke, aligned to a marxist party with its own private band of drug dealing terrorists.

Just imagine. Wouldn't all that is thought of as the greatness of the US get a shot in the arm if the tail of kali wasn't wagging the dog? Just image the advances in globalization if the west coast ports of the greatest nation on God's green earth wasn't under the stranglehold of undemocratic progressive lefties? What's your plan, I'm in. Something makes me think you and the entire left would oppose the break-up, because kali feels entitled to subsidies for its gdp, just the opposite of the eu situation.

As to kids-n-travel-n-opportunity, let's look to a true model of success. Compassionate hard working Israeli's are employing palastinians in Israel. Not only that, the palastinians get equal space in the bomb shelters for the daily missile alerts.

I presume you are talking about london. In london only 44% of the population is described as "white British". The East end has suffered massive amounts of white flight to essex and other close by counties, the same counties which gave the largest vote to leave the EUSSR. Good place to live ? Yes its great in Tower Hamlets where the women are told to cover themselves up if in summer dress and people having a beer outside pubs or cafes are being told its against sharia to do so.

craigd,

According to a news report earlier today the "remain" crowd has already started a petition drive to hold a new referendum to overturn the one just held. If you don't like the results, demand a "do-over."

Too bad they don't have Libtard Federal Courts like the ones we have here that overturned the results of referendums upholding marriage as being between a man and a woman.

Bonny, do you think the people of the Republic of Ireland may request a similar referendum? Sounds like you're none too happy with the E.U. in its current state. Lagopus.....

And that's exactly what the "Democrats" did in congress with their juvenile attempt at a sit in. My level of disgust goes up on a daily basis with these socialists jerks who incidentally are also hypocrites because they won't give up THEIR OWN RIGHT to armed protection.
Jim

I can't speak for bonny, but I'd put that at zero chance.

In the late unpleasantness one of the demographic features that got little or no mention was that the great majority of the people in the Republic wanted exactly nothing to do with the IRA, Sinn Fein or so called re-union.

I come from an old school republican background and none of my lot had any sympathy or attachment to the "North" or the wicked criminality and corrupt goings on there.

Eug

I do not have an opinion on what decision the UK takes. I believe they are entitled to make their own decisions reference their relationships.

I don't think telling a citizen of the UK how to vote is any of my business.

As for the results, I wish them the best.

I have friends on this board who think differently from me on governance. They are friends because they have qualities I admire. We say what we think in private correspondence and exchange gifts with the same generosity and respect that canvasback felt worthy of commenting here a week or so ago. Telling a friend or not how they should think and vote is disrespectful and pure ignorance.

I'm not, i didn't really care about the Eu one way or the other until the referendum for the Lisbon treaty when the people here voted no. The whole "wrong answer, vote again" attitude from the eu turned me off them. The mask slipped.
An in/out referendum will not happen here as the eu is a source of cushy jobs with massive pay and pensions for our washed up, disgraced or retiring public reps.
There is a fear of contagion in brussels now as, the far right rises in europe, specifically France, Austria, and Italy. A recent pole in Italy puts the number at 48% wanting out of the eu.

Liberals are all for democracy, until they disagree with the outcome.................

What do you think, bonny? What will Ireland do? Referendum or suck it up? Thanks

This is very strange King. You claim to have several distinguished international visitors staying with you. Yet you have been here most of the day posting your usual Liberal Left B.S. instead of entertaining your visitors. How very rude.

It would appear that engaging in an off-topic discussion in another thread with Ed Good is more important to you than your company.

I wouldn't blame them if they just went home. But they would actually have to be visiting you in order to leave, wouldn't they? I sure hope I don't get similarly afflicted when I get old.

There cannot be a referendum until certain requirements of the good friday agreement have been met. The requirements have not been met.