Can someone explain the Brexit to me?

[ARCHIVED THREAD] - Can someone explain the Brexit to me?

Posted: 6/24/2016 7:18:43 AM EDT

I really haven't been paying attention to that whole thing but it sounds like it may actually be a big deal

Help a brotha out

Posted: 6/24/2016 7:20:13 AM EDT

[#1]

I would like to know as well.

Posted: 6/24/2016 7:21:32 AM EDT

[#2]

Not being ruled from Belgium and the globalists.

Where almost any political answer can be found.

Posted: 6/24/2016 7:24:30 AM EDT

[#3]

The UK was a member of the EU.

The UK voted yesterday, by popular referendum, to remain or not as a member of the EU.

Today the UK is not a member of the EU.

Yes, it's a very big deal. The EU, as originally envisioned, was an economic agreement between Euro nations that bound them together as a single economy. In theory this was an extraordinarily powerful economic tool in that the combined economies now became a single "nation" for negotiating trade outside the EU and also gave tariff free movement of goods within the EU member states. Passports and borders were subsumed by the EU and workers could travel and live freely in any EU member state without restriction. etc....etc....

Sounds great, right? What has happened over these years is that EU morphed (always the plan..) into a political monster whose goal was to subsume national identity and replace with a globalist view. While this disgusts most of the EU populations the economic benefit was to outweigh loss of identity. That's not how it shook out...

A few countries carried the weight of other countries in the EU that were essentially freeloaders. Greece and Spain come to mind....countries whose people worked 30 hours a week and drew a full pension at 45, Whose leaders spent like drunken sailors on social benefits. Countries who allowed savages to migrate, draw entitlements and then contribute little or nothing to society. That's what the EU morphed into and counties to morph....creation of a standing EU army, EU laws, etc..

There's a lesson here in America as we watch the EU disassemble. The fact that Obama was supportive of the EU should tell you everything you need to know.

Posted: 6/24/2016 7:26:01 AM EDT

[#4]

Today, Britain got its balls back.

Merkel is probably throwing a tantrum.

Cameron resigned.

The goofy fuck Boris Johnson might be their next PM.

Posted: 6/24/2016 7:26:04 AM EDT

[#5]

Britain does not want to be EU anymore, panic panic rabel rabel markets crash dogs and cats living together

Posted: 6/24/2016 7:31:41 AM EDT

[#6]

all the above and prep your angus for 401k tanking today...

Posted: 6/24/2016 7:33:01 AM EDT

[#7]

So does this mean Britain will finally get its balls back and start solving the problem of mass immigration of the desert peoples?

Posted: 6/24/2016 7:33:10 AM EDT

[#8]

You follow college sports?

Notre Dame (Britain) was a member of the Big East (EU) in every way except the most important (football/pound). Tensions in the Big East (EU) over the sporting (social) philosophies of the various members, exacerbated by clashes between the football/non-football schools (Germany/PIGS) led to ND (Britain) deciding to join the ACC (Brexit), except for hockey (Scotland), which is apparently now going to join the Big 10 (probably going to try to leave England).

Now everybody is worried that the EU is going to go basketball only.

Posted: 6/24/2016 7:39:41 AM EDT

[#9]

There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Posted: 6/24/2016 7:41:42 AM EDT

[#10]

The EU is dominated by 2 countries...France and Germany....51% of Britains are tired of being pushed around by France and Germany...

Our Constitution is what, 20 pages or so....the EU voted on a "Constitution" that was over 500 pages....and I think my little Ireland stepped for and killed it...

Posted: 6/24/2016 7:48:07 AM EDT

[#11]

Quote History

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

View Quote

Whoa, sounds like its going to be pretty rocky over there for a while

Posted: 6/24/2016 7:51:34 AM EDT

[#12]

God Saved the Queen!

So what British Stocks should we buy today!

This is the first step in the death of the Globalists!

Posted: 6/24/2016 7:53:38 AM EDT

[#13]

Quote History

Quoted:

Whoa, sounds like its going to be pretty rocky over there for a while

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

It'll all be fine in the end once the hysteria dies down and the pearl clutchers come around and get up off of their feinting couches

I liken the remainiacs reaction to when you hear about someone being scared of leaving prison.

Posted: 6/24/2016 8:00:34 AM EDT

[#14]

Quote History

Quoted:

Whoa, sounds like its going to be pretty rocky over there for a while

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

Posted: 6/24/2016 8:07:51 AM EDT

[#15]

Quote History

Quoted:
You follow college sports?

Notre Dame (Britain) was a member of the Big East (EU) in every way except the most important (football/pound). Tensions in the Big East (EU) over the sporting (social) philosophies of the various members, exacerbated by clashes between the football/non-football schools (Germany/PIGS) led to ND (Britain) deciding to join the ACC (Brexit), except for hockey (Scotland), which is apparently now going to join the Big 10 (probably going to try to leave England).

Now everybody is worried that the EU is going to go basketball only.

View Quote

As a Villanova alumni and fan, it did work out pretty well for us

I wouldn't give former big east football the credit of calling them Germany. The basketball schools (catholic 7) never saw a dime of the football money, and basketball was the real reason the big east was (and still is) a major conference.

Posted: 6/24/2016 8:22:16 AM EDT

[#16]

I have been watching this. Wow the E.U. is some fucked up shit.

Posted: 6/24/2016 8:34:52 AM EDT

[#17]

Quote History

Quoted:
Today, Britain got its balls back.

Merkel is probably throwing a tantrum.

Cameron resigned.

The goofy fuck Boris Johnson might be their next PM.

View Quote

Brian Johnson should be their next PM.

Posted: 6/24/2016 8:36:02 AM EDT

[#18]

Evidently, having a one world government sucks, and they discovered this.

Posted: 6/24/2016 8:52:45 AM EDT

[#19]

Short vid

Posted: 6/24/2016 8:55:45 AM EDT

[#20]

The 30,000 foot view politically?

The EU was created by globalists. They sold everyone on the idea of less violence in Europe if everyone was in the same boat, shared one currency, and had easily crossable borders. They're pretty much "friends," so why not band together?

The EU grew from a couple agreements on paper to having its own President, central bank, and army

The Brexit is like Texas seceding from the Union peacefully. It means Britain (or Texas) has reclaimed the power that rightfully belongs in the state, not the Feds in Brussels.

This is so powerful because it opens the floodgates for other countries to leave the EU. Eventually the EU would have become powerful enough to take on the U.S. or whomever given enough time.

Overall it is more power to the people, and a huge upset to elites around the world

Posted: 6/24/2016 8:57:23 AM EDT

[#21]

Britain just seceded from the Union

Posted: 6/24/2016 8:59:33 AM EDT

[#22]

Brits got tire of taxation without representation, by un-elected politicians who answered to no one.

Posted: 6/24/2016 8:59:36 AM EDT

[#23]

FREEEEEEEEEEDOMMMMMM

Posted: 6/24/2016 9:00:39 AM EDT

[#24]

DUPE (of course).

Posted: 6/24/2016 9:03:58 AM EDT

[#25]

Quote History

Quoted:

You follow college sports?

Notre Dame (Britain) was a member of the Big East (EU) in every way except the most important (football/pound). Tensions in the Big East (EU) over the sporting (social) philosophies of the various members, exacerbated by clashes between the football/non-football schools (Germany/PIGS) led to ND (Britain) deciding to join the ACC (Brexit), except for hockey (Scotland), which is apparently now going to join the Big 10 (probably going to try to leave England).

Now everybody is worried that the EU is going to go basketball only.

View Quote

That's clear as fuck.

Posted: 6/24/2016 9:04:25 AM EDT

[#26]

It just means that Britian is no longer legally required to implement policies from Brussels. They can review, implement, or deny any policy without being taking to court (which means Germany and some extent Netherlands and France).

In other words, Britian just voted themselves veto power over the EU. That's all it is. The danger though is voting in prime ministers and parliment who are pro EU and will not use veto powers, but blindly follow Brussels.

I suspect that the Dutch will get their veto power next. Without the Brits, most of the other countries will not like being dominate by Germans. The exception are the PIGS (Portugual, Italy, Greece, and Spain) who are EU welfare clients. I believe it was these welfare clients that pushed brexit into the winning column.

Posted: 6/24/2016 9:05:38 AM EDT

[#27]

Quote History

Quoted:

Whoa, sounds like its going to be pretty rocky over there for a while

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

Yeah, its going to entail a little more than just changing letterheads on the office stationary.

Still, I think the Brits made the right move. Good for them.

Posted: 6/24/2016 9:06:37 AM EDT

[#28]

Quote History

Quoted:

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

LOL. No.

Posted: 6/24/2016 9:08:47 AM EDT

[#29]

Quote History

Quoted:

I have been watching this. Wow the E.U. is some fucked up shit.

http://youtu.be/UTMxfAkxfQ0

View Quote

Sounds like America, circa 1776....

Posted: 6/24/2016 9:09:02 AM EDT

[#30]

Quote History

Quoted:

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

not even close

Posted: 6/24/2016 9:14:04 AM EDT

[#31]

It's really simple. The British people have taken leave of their senses, as well as taken leave of the EU.

Posted: 6/24/2016 9:18:42 AM EDT

[#32]

Quote History

Quoted:
The UK was a member of the EU.

The UK voted yesterday, by popular referendum, to remain or not as a member of the EU.

Today the UK is not a member of the EU.

View Quote

Not true, the UK will probably still be a member of the EU until October 2018.

Posted: 6/24/2016 9:20:05 AM EDT

[#33]

Quote History

Quoted:
I have been watching this. Wow the E.U. is some fucked up shit.

http://youtu.be/UTMxfAkxfQ0

View Quote

Exactly ...

"From 12,000 boxes of fish per day to 200 .... we can't catch our own fish anymore ..."

Posted: 6/24/2016 9:22:49 AM EDT

[#34]

Quote History

Quoted:
The UK was a member of the EU.

The UK voted yesterday, by popular referendum, to remain or not as a member of the EU.

Today the UK is not a member of the EU.

Yes, it's a very big deal. The EU, as originally envisioned, was an economic agreement between Euro nations that bound them together as a single economy. In theory this was an extraordinarily powerful economic tool in that the combined economies now became a single "nation" for negotiating trade outside the EU and also gave tariff free movement of goods within the EU member states. Passports and borders were subsumed by the EU and workers could travel and live freely in any EU member state without restriction. etc....etc....

Sounds great, right? What has happened over these years is that EU morphed (always the plan..) into a political monster whose goal was to subsume national identity and replace with a globalist view. While this disgusts most of the EU populations the economic benefit was to outweigh loss of identity. That's not how it shook out...

A few countries carried the weight of other countries in the EU that were essentially freeloaders. Greece and Spain come to mind....countries whose people worked 30 hours a week and drew a full pension at 45, Whose leaders spent like drunken sailors on social benefits. Countries who allowed savages to migrate, draw entitlements and then contribute little or nothing to society. That's what the EU morphed into and counties to morph....creation of a standing EU army, EU laws, etc..

There's a lesson here in America as we watch the EU disassemble. The fact that Obama was supportive of the EU should tell you everything you need to know.

View Quote

That's a pretty good explanation.

Posted: 6/24/2016 9:26:33 AM EDT

[#35]

Quote History

Quoted:

LOL. No.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
There was a vote in the 70s to join something called the common market which was billed as a free trade agreement. This eventually morphed in to what the EU is today, it's been on the books for us to vote for years, last year David Cameron's Conservative party was elected with the mandate to hold an in/out referendum on our position in the EU to finally settle the matter.

Prior ro the vote, the PM went to Brussels to negotiate a deal for us to remain in which many feel wasn't acceptable and some liked

At least 52% of the people who voted find the political and economical direction to be at odds with them for a variety of reasons so we held a vote and the leavers won 52% to 48%. This caused the Prime Minister to then announce he is resigning as of October 2016 as he was the leading voice for the stay camp.

The Europeans are happy to see us leave, we're mostly happy to be leaving. We'll continue to be friends of course albeit less close than we have been,

Long term effects: Market problems which will probably settle, NI and Scotland seeking a leave referendum, EU fishing problems, millions of EU nationals in this country who have settled and may not neccessarily want to leave but not want to give up their citizenship either.

There's a fuck ton of other prelude shit but that's all I can be bothered to write.

Whoa, sounds like its going to be pretty rocky over there for a while

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

LOL. No.

Wut?!

NYS raised $330,000,000 in UPK taxes not too long ago (1-2 years). Of that $330m, $300m is going directly to NYC for their UPK program leaving the whooping $30m to be spread for the rest of the state. NYCs metro is basically funded by NYS as a whole. Individual businesses 3+ counties away from NYC are paying a "commuter tax" DESPITE NOT EVEN GOING TO NYC to support NYC. NYC residents pay less then 1/3rd the property taxes vs comparable housing in any downstate county. NYC has something like 45% of the population of NYS, but only contribute (IIRC) 25% of the state funds.

Posted: 6/24/2016 9:44:44 AM EDT

[#36]

Basically Britain got tired of the wife's cousin having a credit card on their account.

Posted: 6/24/2016 9:51:54 AM EDT

[#37]

So markets crashing today, what stocks should we buy?

Posted: 6/24/2016 10:09:21 AM EDT

[#38]

I don't really keep up with Euro Politics, but can someone explain to me what this means to tax paying middle class America? Is this going to affect me somehow that is noticeable or does it mean nothing to me?

Not sarcasm, serious question because I don't know.

Posted: 6/24/2016 10:33:38 AM EDT

[#39]

Quote History

Quoted:
I don't really keep up with Euro Politics, but can someone explain to me what this means to tax paying middle class America? Is this going to affect me somehow that is noticeable or does it mean nothing to me?

Not sarcasm, serious question because I don't know.

View Quote

Not politically or in the home. The investment universe will feel some waves. I work at an investment banks and we have all kinds of internal and client calls this morning. Been on them all morning.

Posted: 6/24/2016 10:37:25 AM EDT

[#40]

Quote History

Quoted:

Wut?!

NYS raised $330,000,000 in UPK taxes not too long ago (1-2 years). Of that $330m, $300m is going directly to NYC for their UPK program leaving the whooping $30m to be spread for the rest of the state. NYCs metro is basically funded by NYS as a whole. Individual businesses 3+ counties away from NYC are paying a "commuter tax" DESPITE NOT EVEN GOING TO NYC to support NYC. NYC residents pay less then 1/3rd the property taxes vs comparable housing in any downstate county. NYC has something like 45% of the population of NYS, but only contribute (IIRC) 25% of the state funds.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:

Not as rocky if they had stayed. I say it was an experiment in modern socialism based on a free economy. You know, kind of like what we are doing minus the states sharing their budgets. Or another good example of this is the state of NY. NY city cannot support itself financially, so they tax the shit out of the rest of the state to cover their ass.
Am I right??

LOL. No.

Wut?!

NYS raised $330,000,000 in UPK taxes not too long ago (1-2 years). Of that $330m, $300m is going directly to NYC for their UPK program leaving the whooping $30m to be spread for the rest of the state. NYCs metro is basically funded by NYS as a whole. Individual businesses 3+ counties away from NYC are paying a "commuter tax" DESPITE NOT EVEN GOING TO NYC to support NYC. NYC residents pay less then 1/3rd the property taxes vs comparable housing in any downstate county. NYC has something like 45% of the population of NYS, but only contribute (IIRC) 25% of the state funds.

New York City’s share of state revenue
payments is around 45 percent, and it receives 40 percent of expenditures.
The Downstate Suburbs provide roughly 27 percent of
taxes and other revenues, nearly 10 percentage points more than
they receive in aid for education, health care, state payroll, and
other expenditures. By contrast, the Rest of State region provides
24 percent of the revenues and receives 35 percent of expenditures.
Not surprisingly, the Capital Region also shows a net gain,
with a gap of 3 percentage points between its share of revenues
and of expenditures

http://www.rockinst.org/pdf/nys_government/2011-12-Giving_and_Getting.pdf

also, your property value skyrockets by being in a town with a train connecting to nyc, compared to a two horse town 20 minutes away with no train.

Posted: 6/24/2016 11:06:18 AM EDT

[#41]

here's a little video on the EU.

https://www.youtube.com/watch?v=O37yJBFRrfg

The UK is leaving the EU, no idea which 'box' they will negotiate themselves into. However if they stay in the European Economic Area group, they'll have pretty much the same economic access.