Brexit again...

[philpvfc]

No he didn't,he opened a fund up in Ireland,another of many which he has around the world.It's called expanding.

 

Something we can do if we ever leave the EU

[philpvfc]

Couldn't agree more and for democracy to work properly the widest and most truthful information has to be given to the electorate, it clearly wasn't in the first referendum.

 

The first referendum bought democracy in the UK down to a level of that in some of the most corrupt and badly managed countries in the world, a total disgrace IMO and I fail to see how posters/Brexiteers can support the result. There is a massive difference between telling a lie (a known untruth) and a prediction (Something that may happen).

 

Coming from someone who lives in the US who wouldn’t in their wildest dreams be run by an undemocratic identity outside their borders.

[whotobeakiller]

You must be seriously unstable to believe this. It's either master trolling, or unbelievable stupidity. I won't say which I think it is...

 

Instead of stating something is stupid..why don't you back yourself up and explain why....

 

Probably because you can't. By the way...any relation to Yukon?

[Paul6754]

I agree, and that's why we can support the result. Because justice was done and the british people saw through the many project fear lies.

 

Regal, Justice should never be based on lies, I'm surprised you think it should.

 

From your last post you clearly don't understand the different between a lie (an known untruth) and a prediction (Something that may happen).

[The_godfather]

No he didn't,he opened a fund up in Ireland,another of many which he has around the world.It's called expanding.

 

Oh, ok that makes sense. Where are all of these many based please?

 

Let me tell you, from the horses mouth.

 

Somerset Capital was founded in 2007 by Edward Robertson, Dominic Johnson and Jacob Rees-Mogg as a specialist Global Emerging Markets investment management firm. Over time the firm has grown to $7.0bn under management with 43 members of staff including 18 investment managers and analysts based in London and Singapore.

 

Singapore you say? Dublin? But nowhere else? Hmmm... Surely there is a reasonable and altruistic explanation.

[Paul6754]

Coming from someone who lives in the US who wouldn’t in their wildest dreams be run by an undemocratic identity outside their borders.

 

Phil, The EU wouldn't have "as much influence" over the UK if there were UK politicians that would stand up for the UK, look at the French, Poles, Hungarians etc and the latter two don't have the clout of being net contributors to the EU budget.

[whotobeakiller]

What was his solution to the Irish border issue? Was it just leave, WTO and sod the consequences??

 

The intention was to leave with a free trade deal...and that option is an option the EU can choose to accept instead of being pig headed about it

 

There is a reason the EU are being labelled a dictatorship

[Fosse69]

The intention was to leave with a free trade deal...and that option is an option the EU can choose to accept instead of being pig headed about it

 

There is a reason the EU are being labelled a dictatorship

Why shouldn't they look after their members? Expecting to have your cake and eat it is being pig-headed.

[For Us All]

Oh, ok that makes sense. Where are all of these many based please?

 

Let me tell you, from the horses mouth.

 

Somerset Capital was founded in 2007 by Edward Robertson, Dominic Johnson and Jacob Rees-Mogg as a specialist Global Emerging Markets investment management firm. Over time the firm has grown to $7.0bn under management with 43 members of staff including 18 investment managers and analysts based in London and Singapore.

 

Singapore you say? Dublin? But nowhere else? Hmmm... Surely there is a reasonable and altruistic explanation.

 

I'm afraid you're barking up the wrong tree.

Dublin?Somerset Capital Management is based in London and Singapore.I challenged the fake news that JRM had moved all his money to Ireland.

SCM opened a second fund in Ireland,that is all.Jacob is a shareholder and doesn't make investment decisions.

Woe betide anybody who tries to make a bit of money eh?

[Bycarsbill]

I'm afraid you're barking up the wrong tree.

Dublin?Somerset Capital Management is based in London and Singapore.I challenged the fake news that JRM had moved all his money to Ireland.

SCM opened a second fund in Ireland,that is all.Jacob is a shareholder and doesn't make investment decisions.

Woe betide anybody who tries to make a bit of money eh?

 

Indeed. A wealth-creator whose company offers employment for people--wow what a nasty capitalistic idea! Sometimes I wonder what planet these socialists are on. Who do they think is providing most of the pensions for everyone who is in a scheme?

[The_godfather]

I'm afraid you're barking up the wrong tree.

Dublin?Somerset Capital Management is based in London and Singapore.I challenged the fake news that JRM had moved all his money to Ireland.

SCM opened a second fund in Ireland,that is all.Jacob is a shareholder and doesn't make investment decisions.

Woe betide anybody who tries to make a bit of money eh?

 

A bit? How much do you think these people make?

Investment decisions? It's a strategic decision, not an investment one. Do you think that, based on the contacts and knowledge he has, he wasn't consulted?

 

I appreciate that you were attempting to correct what was an incorrect statement. But you're missing the point. The only point. And it's got f*ck all to do with making money.

 

It makes perfect business sense that Somerset Capital Management would set up an office in Ireland, in the same way that many other firms, such as Legal & General, M&G and JP Morgan have done. It gives them access to EU clientele and the EU market. So far, so good.

 

Except I don't see any major shareholders of those companies on TV and radio every. single. day. saying how it's going to be ace outside the EU, how much richer Britain will be when they can strike their own trade deals, how things on the shelves will be cheaper for ordinary British people. How many ordinary British people do you think are investors in the Somerset Emerging Markets Fund? You have to be a wholesale investor, it's not for Doris's pension.

 

Within its prospectus, Somerset warned its Irish fund could face challenges because of the UK’s withdrawal from the EU, warning of “considerable uncertainty” in the period before and after Brexit.

 

“The impact of such events on a fund is difficult to predict but there may be detrimental implications for the value of certain of the fund’s investments, or its ability to enter into transactions or to value or realise such investments,” the prospectus adds.

 

 

They did it all as a disaster mitigation, because they know it will be a disaster. If that is not the case, could you answer me as to why they, or other companies never did it prior to 2016?

 

Good old Jacob, champion of the poor. Your problem, is that you can't see the wood for the trees.

[tommytunstall]

It was like many other areas, it was never considered

What was his solution to the Irish border issue? Was it just leave, WTO and sod the consequences??

[Regal Beagle]

Regal, Justice should never be based on lies, I'm surprised you think it should.

 

From your last post you clearly don't understand the different between a lie (an known untruth) and a prediction (Something that may happen).

 

I proved beyond doubt to you previously that the remain side told many lies during the campaign.

 

If you seriously believe that one side told more lies than the other, then you are deluded or dishonest. Even more so when you claim that this is somehow reason to ignore a democratic vote.

 

The remain side even actively threatened us with a punishment budget. Surely that is a bigger concern to you than what is written on a bus when it comes to democratic processes?

 

Or, it's fine because its your side that did it and so it was justified?

[Jacko51]

I proved beyond doubt to you previously that the remain side told many lies during the campaign.

 

If you seriously believe that one side told more lies than the other, then you are deluded or dishonest. Even more so when you claim that this is somehow reason to ignore a democratic vote.

 

The remain side even actively threatened us with a punishment budget. Surely that is a bigger concern to you than what is written on a bus when it comes to democratic processes?

 

Or, it's fine because its your side that did it and so it was justified?

 

How is a decision democratic if it is, as you claim, based on huge dishonesty on both sides??

[Jacko51]

The intention was to leave with a free trade deal...and that option is an option the EU can choose to accept instead of being pig headed about it

 

There is a reason the EU are being labelled a dictatorship

 

And did they assume that all they had to do was say we want free trade but we don’t want the other bits that your members have to accept to get free trade? If that was the assumption then they were deeply stupid.