Wednesday, September 25, 2013

216. Ministro das Finanças a defender os banqueiros

Benfiquistas CARTESIANOS  Juizes no Tribunal Europeu


O Partido Tory no Governo Britânico a mostrar a verdadeira cor: azul.

Meteram a Europa no Tribunal por terem votado uma lei de regularização dos bónus distribuídos aos banqueiros.

A Lei foi votada pelos países todos e os Ingleses não aceitaram o resultado da votação.  É assim que funciona a democracia no Partido Conservador do Reino Unido, não aceitam o resultado das votações Europeias.

Mais valia  que se ocupassem de resolver o problema da evasão fiscal das grandes empresas, as quais descapitalizam o Estado, e põe-nos de joelhos a pedir empréstimos.  Vamos ver o que vai acontecer quando os juros da dívida soberana começarem a subir como aconteceu em alguns países Europeus.

Decididamente, mas o Governo Britânico não tem mais que fazer do ocupar o tempo na defesa do grande capital e dos banqueiros milionários?  Ou já estão preparando o futuro em funções de  fat cats da Banca, quando forem sacudidos do governo em 2015?  It sucks!

A razão do Reino Unido estar na União Europeia é apenas para controlar os mercados de capitais dentro da União a partir da City. Querem piratar os capitais como piratavam os gauliões espanhóis de regresso a Espanham carregados de oiro. Só que o oiro também já tinha sido mais ou menos gamado aos Índios.  Aquilo era ladrão a roubar a ladrão.

Mas se o David pensa que é o Francis Drake, ele deve de andar a sonhar com ladrões, porque os Europeus não são os ìndios nem os Espanhóis conquistadores. Não são os Tories do Governo Cameron que irão agora ensinar a vovó Babuska a partir nozes! Lol ! 

Antes de os Tories Ingleses darem um passo, os Europeus do continente já chegaram à meta e estão lá esperando pelos velhotes Tories com a língua de fora. Tanto os Europeus do continente como os das Ilhitas Britânicas tiraram os mesmos cursos PPE> Pirataria e Pilhagem Económica) nas mesmas escolas.

A Europa à moda do Partido Tory seria uma Europa cherry picking, escolher só do que se gosta. As regras Europeias não funcionam assim. As regras  do jogo são estabelecidas em Bruxelas pelos representantes de todos os Partidos da União. E não dependem dos interesses dos milionários do Partido Conservador Britânico, o qual não ganhou as últimas eleições, mas deram-lhe o poder no Reino Unido, por acidente, devido ao Partido Trabalhista  ter screwed up, devido o poder lhes ter subido à caçhamola. 

É o problema de qualquer partido quando está há muito tempo no poder, degenera. Só que o Partido Conservador Britânino revela patologias  por natureza e já tinha degenerado antes de aceder ao poder. Só ganhará as próximas eleições se acontecer algum milagre, quer dizer,  algum golpe mestre de magia abaixo do umbigo.  

Deus vos guarde aí no Reino Unido.



UK Treasury in legal challenge to EU bonus cap

sterling cash notes Big bonuses have been seen by some as driving a risk-taking culture

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The UK Treasury has launched a legal challenge against European Union (EU) plans to cap bankers' bonuses.
It would limit the bonus to no more than a banker's salary, although if shareholders agree it could be higher.
The bonus culture has been blamed for encouraging excessive risk-taking among bankers.
The EU commissioner for internal markets Michel Barnier said he was not surprised by the move as the UK was the only member to vote against the plan.
Its objections were outvoted by fellow EU members earlier this year.
The cap is designed to come into effect on bonuses awarded from 2014.
It will apply in all the 28 countries within the EU but also to EU banks operating overseas.
The UK has the biggest financial sector in the European Union and would therefore be the most affected by the cap.
Rising pay
The government worries that a cap will simply push up the level of fixed pay to compensate for lower bonuses.
It has a list of six reasons why it believes the cap will not work:
  • It is unfit for purpose, and was introduced without any impact assessment
  • It unlawfully delegates to the European Banking Authority (EBA) because it concerns policy and is not simply a technical matter
  • It is legally invalid because it contravenes the legal base of regulation that expressly excludes legislation "affecting the rights and interests of employed persons"
  • It is being rushed into effect without the necessary legislation in place - including rules determining to whom the cap will apply
  • It fails to protect personal data
  • It wrongfully applies outside the European Economic Area
The Treasury said the EU's bonus cap was likely to "act counter to the stated objectives of the legislation, which are to ensure banks are safer, more stable, and prudentially sound."

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In defending the interests of the City, the chancellor finds himself defending the very large rewards of bankers”
It added that it could end up saddling banks with higher salary bills by making it harder to reduce pay rates when profits were falling: "The UK has repeatedly raised concerns that the provisions are likely to lead to increases in fixed pay, which is harder to cut in times of stress, and more difficult to claw back and there is no evidence this will improve financial stability."
Labour's shadow chancellor, Ed Balls, said the issue was a long way down his list of priorities. He said: "It tells you everything about [Prime Minister] David Cameron's government.
"While we, Labour, are saying 'let's get energy prices down for families... let's get people back to work he sends his chancellor to Brussels to stand up for bankers and bankers' bonuses."
Legal flurry
The Treasury aims to challenge the rules in the European Court of Justice (ECJ).
Such cases normally take between 18 months to two years to be heard.
The UK has launched a flurry of legal actions against EU rules recently.
Last week a top adviser to the ECJ backed a UK move against bans on short-selling of shares. Short-selling is when an investor agrees to sell a share he doesn't own, in the hope that its price will fall before he has to buy it to fulfil the order. In other words, it is a bet on a falling share price.
The UK is also challenging a plan to tax financial transactions in some EU states and another plan that would require clearing houses that deal with large amounts of euro-denominated assets to be based within the single currency area.

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