Wednesday 6th April 2016
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Welcome to FTN. New posters are welcome to join the conversation. You can follow us on Twitter @FlythenestHaven You are responsible for the content you post. This is a public forum. Treat it as if you are speaking in a crowded room. Site admin and Moderators are volunteers who will respond as quickly as they are able to when made aware of any complaints. Please do not post copyrighted material without the original authors permission.
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Re: Wednesday 6th April 2016
Sorry if this has already been linked but just how bad is this?
http://www.theguardian.com/commentisfre ... n-offshore" onclick="window.open(this.href);return false;
http://www.theguardian.com/commentisfre ... n-offshore" onclick="window.open(this.href);return false;
Re: Wednesday 6th April 2016
"Treating skilled work as if it isn’t skilled work certainly doesn’t work."
- Christina Patterson
We hear a lot about compassion for the elderly. Isn’t it time we showed some?
http://www.theguardian.com/commentisfre ... -patterson" onclick="window.open(this.href);return false;
- mbc1955
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Re: Wednesday 6th April 2016
I thought it was his shorts.GetYou wrote:Well, you know what they say. A leopard can't change his stripes.refitman wrote:Ukip: piss-ups and breweries spring to mind: http://politicalscrapbook.net/2016/04/d ... publicity/" onclick="window.open(this.href);return false;
The truth ferret speaks!
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Re: Wednesday 6th April 2016
Ouch
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Re: Wednesday 6th April 2016
Could it be he's really going this time?
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Re: Wednesday 6th April 2016
The article says:PaulfromYorkshire wrote:Sorry if this has already been linked but just how bad is this?
http://www.theguardian.com/commentisfre ... n-offshore" onclick="window.open(this.href);return false;
Voters will be fair-minded enough to acknowledge that they cannot be blamed for hailing from a privileged caste, but they will be less forgiving if evasive answers create any impression that they play by special rules. Candour, then, would be the best policy at any time.
And normally voters are lenient enough to leave them be. The difference now is they are taking far more than they should from us and have shown us nothing but contempt.
Even worse, they've misinterpreted that leniency as stupidity. And stupid we're not.
We hang the petty thieves and appoint the great ones to public office. – Aesop
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Re: Wednesday 6th April 2016
I think Dave's going to have to resign - can't believe it
- RogerOThornhill
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- RogerOThornhill
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Re: Wednesday 6th April 2016
I was in the library when I read this and nearly laughed out loud when I reached #7.
Gird your fronted adverbials: 14 grammatical mistakes in the schools White Paper
https://www.tes.com/news/school-news/br ... ools-white
Gird your fronted adverbials: 14 grammatical mistakes in the schools White Paper
https://www.tes.com/news/school-news/br ... ools-white
7. Try to avoid sounding like Yoda
“Great teachers – everywhere they’re needed”
Replace that dash with a comma, and the sentence sounds much less like a mournful reflection on the recruitment crisis.
If I'm not here, then I'll be in the library. Or the other library.
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Re: Wednesday 6th April 2016
Just in case Davey does resign, what would the FTN playlist be?
[youtube]ttJBdr6eBuo[/youtube]
[youtube]ttJBdr6eBuo[/youtube]
Re: Wednesday 6th April 2016
[quote="PaulfromYorkshire"]Just in case Davey does resign, what would the FTN playlist be?
Surely you've got to go with his favourite song.
[youtube]wJRmrlkYdsQ[/youtube]
" onclick="window.open(this.href);return false;
Surely you've got to go with his favourite song.
[youtube]wJRmrlkYdsQ[/youtube]
" onclick="window.open(this.href);return false;
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Re: Wednesday 6th April 2016
I know I shouldn't, but this is so important
From the FTDavid Cameron personally intervened in 2013 to weaken an EU drive to reveal the beneficiaries of trusts, creating a possible loophole that other European nations warned could be exploited by tax evaders.
The disclosure of the prime minister’s resistance to opening up trusts to full scrutiny comes as he faces intense pressure to make clear whether his family stands to benefit from offshore assets linked to his late father.
Although Mr Cameron championed corporate tax transparency, he wrote in November 2013 to Herman Van Rompuy, president of the European Council at the time, to argue that trusts widely used for inheritance planning in Britain should win special treatment in an EU law to tackle money laundering.
In the letter, seen by the Financial Times, Mr Cameron said: “It is clearly important we recognise the important differences between companies and trusts. This means that the solution for addressing the potential misuse of companies, such as central public registries, may well not be appropriate generally.”
Britain has emerged as the strongest European rival to Switzerland for private banking and wealth management, administering £1.2tn of assets, according to Deloitte. The sector contributed £3.2bn to the economy, according to 2014 estimates from the British Bankers’ Association.
A senior government source said that Mr Cameron’s letter reflected official advice that creating a central registry for trusts would have been complex and would have distracted from the main objective of shining a light on the ownership of shell companies.
“It would have slowed down the process because of the different types of trust involved,” the official said. “They are sometimes used to protect vulnerable people, so that would have been an extra complication.
It is clearly important we recognise the important differences between companies and trusts. This means that the solution for addressing the potential misuse of companies — such as central public registries — may well not be appropriate generally
- Extract of 2013 letter from David Cameron to Herman Van Rompuy
“As the directive went through we reached a position where trusts which generate tax consequences had to demonstrate their ownership to HM Revenue & Customs.”
According to officials, the UK stance in 2013 prompted clashes with France and Austria as well as with members of the European Parliament, who accused Britain of double standards in the fight against tax avoidance.
Maria Fekter, the Austrian finance minister at the time, had attacked Britain earlier that year as “the island of the blessed for tax evasion and money laundering”. She cited trusts as a specific problem.
The Panama Papers revelations, which centre on how a law firm, Mossack Fonseca, helped thousands to set up offshore structures, is the latest setback to Britain’s claim to be tough on tax.
Along with the discovery that Ian Cameron, the prime minister’s deceased father, was a director of an offshore fund advised by Mossack Fonseca, the papers also show that the British Virgin Islands were by far the biggest destination for the transfer of wealth by the law firm.
The pressure on Mr Cameron over his family’s affairs prompted Downing Street to clarify again on Wednesday that “there are no offshore funds/trusts which the prime minister, Mrs Cameron or their children will benefit from in future”.
I saw it [the British position] as a danger and a possible loophole. Some member states saw it as an underhand way for the UK to get an advantage
- Judith Sargentini
The prime minister’s friends insist that Blairmore, set up by Ian Cameron in 1982, was not a tax-avoidance vehicle. Rather it was a means of taking advantage of the lifting of exchange rate controls in 1979.
It was based in a jurisdiction with a zero tax rate to ensure that investors from multiple jurisdictions were not exposed to extra layers of tax, but it relied on investors to pay tax on their profits from the fund in their home countries.
Mr Cameron’s 2013 intervention in the EU’s push for greater financial transparency was sparked by an EU initiative to set up national public registers to disclose the true, “beneficial” owners of shell companies and trusts.
According to Judith Sargentini, a Dutch lawmaker who led the parliament’s work on the draft law, the UK’s argument was that strict transparency rules would be a damaging interference into people’s privacy.
It argued that trusts have a special role in Britain in helping families manage issues around inheritance.
In depth
Panama Papers Leak
The spreading fallout from the data leak revealing widespread use of offshore financial centres by the rich and powerful
“I saw it [the British position] as a danger and a possible loophole,” Ms Sargentini told the FT. “Some member states saw it as an underhand way for the UK to get an advantage.”
While the final version of the law, adopted in 2015, was explicit in requiring central registers of companies’ true owners, the language for trusts was more ambiguous. Although a significant victory for Britain, it prompted warnings of potential abuse.
A trust is a legal arrangement where assets such as money, or property are held on behalf of someone else who will be the end beneficiary. Examples include “bare trusts”, where assets are held until the beneficiary is old enough to claim them, and more complex forms where, for example, interest can be passed on as it is accrued.
Calls for more transparency around trusts stem from concerns that they can be a tool for financial secrecy and for shifting assets offshore. In a notorious example, Sani Abacha, a deceased former president of Nigeria, embezzled billions partly by using offshore trusts.
Industry practitioners warn that working out the appropriate level of transparency is a fiendishly complex task given trusts’ legal structure. With power in the hands of the trustees, it is possible, and can be intentional, that someone does not even know that they stand to be a beneficiary.
“Trusts are yet another way to hide money,” Tove Maria Ryding at the European Network on Debt and Development, told the FT.
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Re: Wednesday 6th April 2016
Maybe Cameron could use this as part of the pro-EU campaign?
If I'm not here, then I'll be in the library. Or the other library.
Re: Wednesday 6th April 2016
Huh just started looking at the news, has something new happened? I thought it was all starting to blow over for Dave personally.PaulfromYorkshire wrote:I think Dave's going to have to resign - can't believe it
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Re: Wednesday 6th April 2016
I doubt it. Too many powerful people wanting to keep the status quo.PaulfromYorkshire wrote:Could it be he's really going this time?
.
We hang the petty thieves and appoint the great ones to public office. – Aesop
Re: Wednesday 6th April 2016
The Cameron network: inherited wealth and family companies
http://www.theguardian.com/politics/201 ... -companies" onclick="window.open(this.href);return false;
- mbc1955
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Re: Wednesday 6th April 2016
I could do with a laugh.PaulfromYorkshire wrote:Could it be he's really going this time?
The truth ferret speaks!
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Re: Wednesday 6th April 2016
I'm worried we're going to be booted out of the EU by the electorate, on the back of Cameron's sleaze.
Getting out of the EU trumps everything with some of his strongest media allies.
Getting out of the EU trumps everything with some of his strongest media allies.
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Re: Wednesday 6th April 2016
https://www.gov.uk/government/publicati ... for-the-uk" onclick="window.open(this.href);return false;
Link to Gov.EU Ref.leaflet
Link to Gov.EU Ref.leaflet
Re: Wednesday 6th April 2016
Awwww...How cute!PaulfromYorkshire wrote:Sorry if this has already been linked but just how bad is this?
http://www.theguardian.com/commentisfre ... n-offshore" onclick="window.open(this.href);return false;
It's an article written by SamCam!
"But these were emphatically not choices made by Cameron Jr, a skilled operator
who has previously demonstrated a flair for audacity in a tight spot.
Remember those embarrassing bills for wisteria clearance at the young Conservative
leader’s home amid the expenses debacle of 2009, and how these were lopped away
by a merciless assault on the more shameless claims of various knights of the shire?
Recall, too, the potentially lethal explanation he had to give at the height of the
phone-hacking scandal as to why he had granted “a second chance” to the
disgraced former editor, Andy Coulson, whom he had hired to handle his press.
He brazened his way through with a refreshingly frank “and yes, that includes me”
speech about politicians and media moguls which, at least at the time, sounded like
a commitment to reform.
An equivalent blast of Cameronian chutzpah today might work wonders again...
To give the PM his due..."
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Re: Wednesday 6th April 2016
It's become a farce.HMRC faces questions today as it was unveiled that the departments own HQ and its nationwide network of 600 offices are all owned by offshore companies
[url]ttps://www.patreon.com/posts/5086813[/url]
We hang the petty thieves and appoint the great ones to public office. – Aesop
Re: Wednesday 6th April 2016
(my bold)Temulkar wrote:Huh just started looking at the news, has something new happened? I thought it was all starting to blow over for Dave personally.PaulfromYorkshire wrote:I think Dave's going to have to resign - can't believe it
Not even close.
Re: Wednesday 6th April 2016
https://www.patreon.com/posts/hmrc-under-fire-5086813" onclick="window.open(this.href);return false;ohsocynical wrote:It's become a farce.HMRC faces questions today as it was unveiled that the departments own HQ and its nationwide network of 600 offices are all owned by offshore companies
[url]ttps://www.patreon.com/posts/5086813[/url]
Re: Wednesday 6th April 2016
Been there, done thatIMF calls for labour market reform to boost jobs
Reforms include higher public spending to help the jobless find work, cutting
benefits to encourage the jobless to take low-paid work and cutting taxes
http://www.theguardian.com/business/201 ... growth-imf" onclick="window.open(this.href);return false;
thanks, IMF, as useful as ever
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Re: Wednesday 6th April 2016
That might not be reliable. TMR news have... 49 followers.
They tweet out stuff like this.
They tweet out stuff like this.
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Re: Wednesday 6th April 2016
They're not coming at it from where Britain is. More from where France is. Lots of Hollande's party basically agree with them. So would someone like Jonathan Portes, who is recognizably on the left.citizenJA wrote:Been there, done thatIMF calls for labour market reform to boost jobs
Reforms include higher public spending to help the jobless find work, cutting
benefits to encourage the jobless to take low-paid work and cutting taxes
http://www.theguardian.com/business/201 ... growth-imf" onclick="window.open(this.href);return false;
thanks, IMF, as useful as ever
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Re: Wednesday 6th April 2016
Quinn @QuinnBelfast 6h6 hours ago
#PIP assess took over 2hrs. It was intrusive & highly personal & I do NOT agree that an assessor can put hands on me to test strength etc!
#PIP assess took over 2hrs. It was intrusive & highly personal & I do NOT agree that an assessor can put hands on me to test strength etc!
We hang the petty thieves and appoint the great ones to public office. – Aesop
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Re: Wednesday 6th April 2016
From 2012
They're all at it.
http://www.telegraph.co.uk/news/politic ... -rise.html" onclick="window.open(this.href);return false;
They're all at it.
http://www.telegraph.co.uk/news/politic ... -rise.html" onclick="window.open(this.href);return false;
We hang the petty thieves and appoint the great ones to public office. – Aesop
Re: Wednesday 6th April 2016
Really? He's pretty much answered the questions, obfusticatingly of course, but I would say it would take something else to rock him now. I don't see anymore damaging revelations, or proof he has been decietful. So far I don't see anything in the news he can't brazen out. I havent caught up on everything yet though.citizenJA wrote:(my bold)Temulkar wrote:Huh just started looking at the news, has something new happened? I thought it was all starting to blow over for Dave personally.PaulfromYorkshire wrote:I think Dave's going to have to resign - can't believe it
Not even close.
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Re: Wednesday 6th April 2016
There seems to be talk of a second offshore fund in JerseyTemulkar wrote:Really? He's pretty much answered the questions, obfusticatingly of course, but I would say it would take something else to rock him now. I don't see anymore damaging revelations, or proof he has been decietful. So far I don't see anything in the news he can't brazen out. I havent caught up on everything yet though.citizenJA wrote:(my bold)Temulkar wrote: Huh just started looking at the news, has something new happened? I thought it was all starting to blow over for Dave personally.
Not even close.
And the letter to the EU asking for opt outs for trust funds.
But most importantly there's the Brexit brigade who want to see him damaged. So he doesn't have them all rallying round. Au contraire.
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Re: Wednesday 6th April 2016
http://www.labour.org.uk/page/s/our-par ... ing-review" onclick="window.open(this.href);return false;
Our Party: made by members
Policy-Making Review
Other parties are available.
Our Party: made by members
Policy-Making Review
Other parties are available.
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Re: Wednesday 6th April 2016
http://www.theguardian.com/news/2016/ap ... are_btn_tw" onclick="window.open(this.href);return false;
No 10 in lockdown as queries persist over offshore fund of Ian Cameron
No 10 in lockdown as queries persist over offshore fund of Ian Cameron
Re: Wednesday 6th April 2016
I don't care who the IMF is aiming this garbage advice at.Tubby Isaacs wrote:They're not coming at it from where Britain is. More from where France is. Lots of Hollande's party basically agree with them. So would someone like Jonathan Portes, who is recognizably on the left.citizenJA wrote:Been there, done thatIMF calls for labour market reform to boost jobs
Reforms include higher public spending to help the jobless find work, cutting
benefits to encourage the jobless to take low-paid work and cutting taxes
http://www.theguardian.com/business/201 ... growth-imf" onclick="window.open(this.href);return false;
thanks, IMF, as useful as ever
It's wrong.
If Portes and Hollande agree with this, they're wrong too.
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Re: Wednesday 6th April 2016
http://www.thecomet.net/news/hitchin_mp ... _1_4485289" onclick="window.open(this.href);return false;
Hitchin MP Peter Lilley resigns as patron of Herts Aid three weeks after dismissing petition
Hitchin MP Peter Lilley resigns as patron of Herts Aid three weeks after dismissing petition
Re: Wednesday 6th April 2016
Sadly, I dont see a smoking gun.PaulfromYorkshire wrote:There seems to be talk of a second offshore fund in JerseyTemulkar wrote:Really? He's pretty much answered the questions, obfusticatingly of course, but I would say it would take something else to rock him now. I don't see anymore damaging revelations, or proof he has been decietful. So far I don't see anything in the news he can't brazen out. I havent caught up on everything yet though.citizenJA wrote:(my bold)
Not even close.
And the letter to the EU asking for opt outs for trust funds.
But most importantly there's the Brexit brigade who want to see him damaged. So he doesn't have them all rallying round. Au contraire.
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Re: Wednesday 6th April 2016
France has had very high non-wage employment costs. You don't have to be a rightwinger state shrinker to think that some of those taxes might be better raised elsewhere or some middle class subsidies cut.citizenJA wrote:I don't care who the IMF is aiming this garbage advice at.Tubby Isaacs wrote:They're not coming at it from where Britain is. More from where France is. Lots of Hollande's party basically agree with them. So would someone like Jonathan Portes, who is recognizably on the left.citizenJA wrote: Been there, done that
thanks, IMF, as useful as ever
It's wrong.
If Portes and Hollande agree with this, they're wrong too.
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Re: Wednesday 6th April 2016
From the linked article...PaulfromYorkshire wrote:Sorry if this has already been linked but just how bad is this?
http://www.theguardian.com/commentisfre ... n-offshore" onclick="window.open(this.href);return false;
Chutzpah indeed, that about sums up his every utterance. As for his 'very good words about tax' this is what I was referring to the other day about backing himself into a corner. Personally I think he's crap at PR, something he's supposedly also known for but resorts instead to saying what people want to hear and in this case, tax, public opinion pushed him. The same could be said of Scottish independence and EU referenda. Call me Dave, a man of the people giving them what they want, except he hadn't factored in how close a call they were.An equivalent blast of Cameronian chutzpah today might work wonders again – assuming, of course, that no awkward secrets are still lurking behind the evolving denials. To give the PM his due he has, since 2013 at least, uttered some very good words about tax. If he would now follow up with commensurate deeds, and next month’s OECD summit provides an opportune moment for that, then the fine rhetorical record could yet allow him to emerge with his reputation enhanced. Especially, perhaps, if he combined it with a “and yes, that includes us” speech about how wealthy families had retarded action for too long.
So Dave is full of populist soundbites, but and it's a big but, he's also an incorrigible liar. This is what most offends me. Well almost, what actually offends me most is that both the media and apparently most folk, who don't know otherwise, just accept his words as carrying substance... and substance is the one thing he most lacks. Pledges, promises and concern are nothing more than performing to his immediate audience. 'And once the performance is over... a few deep breaths and a piss then it is promptly forgotten until the next act and never decisive action.
It seems my recall of his being led by the Red Queen was also apposite given that we've been reminded of more of his empty words by Christopher Jefferies and the McCanns today. They use betrayal to describe him whereas I just see a wide boy that was born into money. Oh yeah did Jess Phillips (not spell-checked) say he was just average and not very clever? I don't often agree with her.
Edit: corrected the quote.
Last edited by utopiandreams on Wed 06 Apr, 2016 11:58 pm, edited 1 time in total.
I would close my eyes if I couldn't dream.
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Re: Wednesday 6th April 2016
I don't think he's answered whether he benefited from an offshore trust in the past, has he? I can't see how he avoids answering about his inheritance from his father. His father's firm being named in those documents is very important.Temulkar wrote:Really? He's pretty much answered the questions, obfusticatingly of course, but I would say it would take something else to rock him now. I don't see anymore damaging revelations, or proof he has been decietful. So far I don't see anything in the news he can't brazen out. I havent caught up on everything yet though.citizenJA wrote:(my bold)Temulkar wrote: Huh just started looking at the news, has something new happened? I thought it was all starting to blow over for Dave personally.
Not even close.
Then again, he's got out of it before.
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Re: Wednesday 6th April 2016
FWIW I just think those already "annoyed" will just continue to be so,many will just shrug their shoulders "their all at it" does him no harm.
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Re: Wednesday 6th April 2016
http://www.theguardian.com/uk-news/ng-i ... are_btn_tw" onclick="window.open(this.href);return false;
Hillsborough victims: the 96 people whose lives were cut short
Hillsborough victims: the 96 people whose lives were cut short
Re: Wednesday 6th April 2016
Denying resources for unemployed people in any country in the EU at this time is an outrageous suggestion. Did you read the article? It said people ought to take lower-waged jobs and governments needed to cut funding to unemployment people to encourage them to do so. You don't have to be a Marxist to call that unbearable capitalist exploitation.Tubby Isaacs wrote:France has had very high non-wage employment costs. You don't have to be a rightwinger state shrinker to think that some of those taxes might be better raised elsewhere or some middle class subsidies cut.citizenJA wrote:I don't care who the IMF is aiming this garbage advice at.Tubby Isaacs wrote: They're not coming at it from where Britain is. More from where France is. Lots of Hollande's party basically agree with them. So would someone like Jonathan Portes, who is recognizably on the left.
It's wrong.
If Portes and Hollande agree with this, they're wrong too.
Re: Wednesday 6th April 2016
Goodnight, everyone.
love,
cJA
love,
cJA
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Re: Wednesday 6th April 2016
Going to go and read more revelations of the Panama Papers at the G now but first I seem to recall Mark Thatcher being amongst the names. I'm not sure but don't think it was a British news outlet. If I'm right we'll no doubt hear more.
Postscript: I see Mark is indeed named. Now there's a man of questionable deeds.
Postscript: I see Mark is indeed named. Now there's a man of questionable deeds.
Last edited by utopiandreams on Thu 07 Apr, 2016 12:18 am, edited 1 time in total.
I would close my eyes if I couldn't dream.
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Re: Wednesday 6th April 2016
http://www.harvard-digital.co.uk/euro/pamphlet.htm" onclick="window.open(this.href);return false;
1975 Referendum Government Leaflet
YOUR RIGHT TO CHOOSE
I ask you again to read and discuss this pamphlet.
Above all, I ask you to use your vote.
For it is your vote that will now decide. The Government will accept your verdict.
[Signed:]
Harold Wilson
The Government have recommended that Britain should stay in on the new terms which have been agreed with the other members of the Common Market.
But you have the right to choose.
[
TIME FOR YOU
TO DECIDE
The Government have made THEIR choice. They believe that the new terms of membership are good enough for us to carry on INSIDE the Community. Their advice is to vote for staying in.
Now the time has come for you to decide. The Government will accept your decision - whichever way it goes.
The choice is up to YOU. It is YOUR decision.
1975 Referendum Government Leaflet
YOUR RIGHT TO CHOOSE
I ask you again to read and discuss this pamphlet.
Above all, I ask you to use your vote.
For it is your vote that will now decide. The Government will accept your verdict.
[Signed:]
Harold Wilson
The Government have recommended that Britain should stay in on the new terms which have been agreed with the other members of the Common Market.
But you have the right to choose.
[
TIME FOR YOU
TO DECIDE
The Government have made THEIR choice. They believe that the new terms of membership are good enough for us to carry on INSIDE the Community. Their advice is to vote for staying in.
Now the time has come for you to decide. The Government will accept your decision - whichever way it goes.
The choice is up to YOU. It is YOUR decision.
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Re: Wednesday 6th April 2016
Worryingly,from my point of view the Government leaflet may well sway the undecided towards voting no.I posted the above to contrast,in tone.