Brexit: ''Who cares what Obama says? He's going. Bye Bye'

Blackleaf

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Barack Obama yesterday said the UK can expect no special favours on a trade deal with America after voting to leave the EU.

The President stepped up his controversial cautions about Brexit – and suggested Britain’s relationship with the United States risked ‘unravelling’ in the wake of the referendum.

Mr Obama caused anger at the height of the referendum campaign when he used a visit to London to warn voters that the UK would go to ‘the back of the queue’ in negotiating a new trade deal if it opted for Brexit.

He hinted again yesterday that any deal was likely to take time – with potentially serious consequences for UK-US trade in the meantime.

However, former Conservative leader Iain Duncan Smith said of Mr Obama’s comments: ‘Who cares what he says? He’s going. Bye bye.’

Jacob Rees-Mogg, another Eurosceptic Tory MP, added: ‘Fortunately, he is yesterday’s man and will no longer be President early next year.

‘The US is the UK’s single most important partner, and as far as I can see the EU-US trade deal is dead in the water. He’s putting a corpse ahead of the United States’ most loyal ally. These comments tell us all we need to know about how President Obama has never been a friend of ours.’

'Who cares what he says? He's going. Bye Bye': Obama's warning there will be no special trade deal for post-Brexit Britain is laughed off by leading Tories


The President stepped up his controversial cautions about Brexit

He suggested UK's relationship with US risked ‘unravelling’ after vote

Mr Obama caused anger at the height of the referendum with warnings

Leading Tories said Obama's words mean little because he is to depart


By Jason Groves For Daily Mail
5 September 2016

Barack Obama yesterday said the UK can expect no special favours on a trade deal with America after voting to leave the EU.

The President stepped up his controversial cautions about Brexit – and suggested Britain’s relationship with the United States risked ‘unravelling’ in the wake of the referendum.

Mr Obama caused anger at the height of the referendum campaign when he used a visit to London to warn voters that the UK would go to ‘the back of the queue’ in negotiating a new trade deal if it opted for Brexit.

He hinted again yesterday that any deal was likely to take time – with potentially serious consequences for UK-US trade in the meantime.


The President stepped up his controversial cautions about Brexit – and suggested Britain’s relationship with the United States risked ‘unravelling’ in the wake of the referendum



Mr Obama caused anger at the height of the referendum campaign when he used a visit to London to warn voters that the UK would go to ‘the back of the queue’

Speaking after an hour-long meeting with Theresa May at the G20 summit in China, Mr Obama bridled at suggestions he had threatened to ‘punish’ Britain for leaving the EU.

He said he and Mrs May had confirmed the ‘very special relationship’ between the two countries, but added that he still believed the Brexit vote was a mistake, which could cost Britain dearly.

Speaking at a joint press conference with Mrs May, he said: ‘It is absolutely true that I believed pre-Brexit vote and continue to believe post-Brexit vote that the world benefited enormously from the United Kingdom’s participation in the EU. But I also said this was a decision for the British people.

‘What I have committed to Theresa is that we will consult closely with her as she and her Government move forward with Brexit negotiations to ensure that we don’t see adverse effects in trade and commercial relationships.

‘An enormous amount of trade already takes place. There is a lot of investment between British companies in the United States and US companies in the UK.


Former Conservative leader Iain Duncan Smith (right) said of Mr Obama’s comments: ‘Who cares what he says? He’s going. Bye bye.’


Mrs May is holding talks with Chinese President Xi Jinping at the international gathering

‘That’s not going to stop. We are going to do everything to make sure the consequences of the decision don’t end up unravelling what is a very strong and robust economic relationship.’

Mr Obama’s original ‘back of the queue’ remark in April angered Eurosceptics. Speaking at the time, Boris Johnson accused the President of ‘bullying’ Britain.

But Mr Obama yesterday insisted that he was simply setting out the realities of the difficulties Britain would face after leaving the EU.

Mr Obama praised Mrs May as a ‘steadying influence during a time of transition’. He added: ‘At a time when the world order is under strain, the UK’s leadership on the world stage is essential.’

Mrs May, who has made building new trade arrangements her top priority at this week’s summit, said the talks had been positive.

‘We are both strong supporters of free trade and today we have discussed how to take forward consultations to ensure that the UK and US have the strongest possible trading relationship,’ she said.


The PM has also had an encounter with Russian President Vladimir Putin in Hangzhou

‘This reinforces my belief that as we forge a new global role for the UK we can and will seize the opportunities that Brexit presents and make a success of it.’

Former Conservative leader Iain Duncan Smith said of Mr Obama’s comments: ‘Who cares what he says? He’s going. Bye bye.’

Jacob Rees-Mogg, another Eurosceptic Tory MP, added: ‘Fortunately, he is yesterday’s man and will no longer be President early next year.

‘The US is the UK’s single most important partner, and as far as I can see the EU-US trade deal is dead in the water. He’s putting a corpse ahead of the United States’ most loyal ally. These comments tell us all we need to know about how President Obama has never been a friend of ours.’

Government sources last night played down Mr Obama’s intervention, saying it was ‘not surprising’ he was prioritising big multilateral trade deals in his final months as President. A source said Mrs May had won agreement to start official-level talks on mapping out the framework of a future trade deal, although she acknowledged any agreement was ‘a way off’.

Meanwhile, the Prime Minister rebuffed overtures from Vladimir Putin to reset the UK’s frosty economic relations with Russia.

She challenged the Russian President over Moscow’s intervention in Syria and warned him there could not be ‘business as usual’ in the relationship between the UK and the Kremlin.

During a tense 30-minute meeting, described as ‘formal and frank’ by No 10, Mrs May pushed the Russian leader over the need to secure access for aid convoys and demanded an end to the bombing of civilians.

A British official said: ‘The Prime Minister was clear that we can’t have a relationship that is business as usual. There are a number of complex and serious issues of concern.

‘But where it is in our interest to engage and work together, particularly on the safety of our citizens, then that is where we would be seeking to engage with the Russians.’
 
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Danbones

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www.youtube.com/watch?v=nnm9AChEcro
Now look at yeah...all back of the bus and sh!t
 

Blackleaf

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That's probably the only good thing Barack has done in the White House - achieve self governance for the United Kingdom, a country he hates.
 

Blackleaf

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Yeah he doesn't like you Limeys. Probably because of your involvement in the slave trade.

No. It's because his Kenyan Mau Mau terrorist grandfather was imprisoned and tortured by the British.
 

Jinentonix

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Olympus Mons
Yeah he doesn't like you Limeys. Probably because of your involvement in the slave trade.
That's odd, he doesn't seem to have any problem with Hispanics and Latinos though. But because the Spanish aren't white White I guess it's just convenient to ignore the fact that they started Europe's foray into African slavery.

He REALLY seems to like Muslims too, you know, despite the 400+ years of their own African slave trade.
Hell, O'Bugger probably wouldn't even be around if the Muslims had enslaved his ancestors, given their propensity for turning the majority of the males into eunuchs. *SNIP*
 

Kreskin

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He's going bye bye. Replacing him will be either Trump, the anti-free trader, or Hillary, Obama's poodle.
 

Danbones

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Soros says trump will win by a landslide
and Sh! hitlary ( don't speak 'er name out loud!) will be installed by a mud slide...
oooops...er, I mean the electoral college

and ol sore a$$ ought to know...he bet against the Jews in WW2...
the british LB...and the Argentine peso...
this time around he is betting against you ess dees...
 

Blackleaf

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Coffee House

G20 leaders have fallen for Project Fear

Ross Clark


(Photo: Getty)

Ross Clark
5 September 2016
The Spectator

So, last week’s sharp rise in the Purchasing Managers’ Index (PMI) for manufacturing wasn’t a freak. This morning its twin, the PMI for the much larger services sector, also showed a huge rebound to 52.9, more than reversing the fall to 47.4 in July and putting it marginally ahead of PMI for the Eurozone, which stands at 52.8. The combined PMI was 53.2 in August. Anything above 50 suggests that the economy is expanding while anything below 50 suggests contraction.

Just like last week’s manufacturing figure, this morning’s news seems to have caught forecasters unaware: the consensus was for PMI in services to be 50.0. It is a reminder of just how useful the art of economic forecasting is, yet in the absence of anything better, many still take it rather too seriously. Nicola Horlick told the Today programme this morning that the economists who continue to predict post-Brexit doom ‘can’t all be wrong’. It was left to Tim Martin, chairman of Wetherspoons, to point out that these people had already been wrong because the doom they predicted was to begin in the immediate aftermath of the Brexit vote – and that clearly has not happened.

But it isn’t just economic forecasters who have made, well, a complete Horlicks of it. There is now a huge and growing gulf between what some world leaders are saying at the G20 in China and what is happening in the real economy. Yesterday, the Japanese government issued its warning to Britain over Brexit, while Obama repeated his assertion that voting to leave the EU is a big mistake. Both might have done better to observe what is happening in the real economy before spouting off.

It makes you wonder what the G20 is actually for. Isn’t one of its main objectives to build confidence in the global economy? Instead, this meeting seems to be trying to achieve the exact opposite: to counter strong signs of a rebounding UK economy. Once we have left the EU, the G20 is another international institution membership of which we should review.


G20 leaders have fallen for Project Fear | Coffee House