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UK Prime Minister David Cameron To Resign

Well that escalated quickly…Speaking from in front of 10 Downing Street, UK PM David Cameron just stated that he will step down as Prime Minister, explaining that “I think the country requires fresh leadership.”

As The Wall Street Journal reports,

“There are times when it is right to ask the people themselves, that is what we have done,” David Cameron says.


“Let me congratulate all those who took part in the Leave campaign,” the Prime Minister says.


“The will of the British people is an instruction that must be obeyed,” Mr. Cameron says.


There an be no doubt about the result, he says.


I would reassure those markets and investors that Britain’s economy is fundamentally strong


There will be no initial change in the way our people can travel in the way our trade can move, Mr. Cameron says.


Mr. Cameron says strong leadership is needed.


“I am proud to have been prime minister of this country,” he says.


“I fought this campaign in the only way I know how which is to say directly and passionately what I think and feel,” Mr. Cameron adds.


“I think the country requires fresh leadership,” Mr. Cameron says.


“I do not think it would be right for me to try to be the captain that steers our country to its next destination.”


“There is no need for a precise timetable,” he says.


“I will continue in post for the next three months,” Mr. Cameron says.


“I love this country and I feel honored to have served it and I will do everything I can to help it succeed in the future,” Mr. Cameron says, his voice breaking as he concludes his resignation speech.

139 Comments on "UK Prime Minister David Cameron To Resign"

  1. ghung on Sat, 25th Jun 2016 8:18 am 

    Million sign petition for new EU referendum

    “A petition calling for a second referendum on UK’s membership of the EU has gained more than one million signatures following the vote to leave.

    The petition will be considered by Parliament as it has passed the required 100,000 threshold.

    The UK voted to leave the EU by 52% to 48% in Thursday’s referendum but the majority of voters in London, Scotland and Northern Ireland backed Remain.

    David Cameron previously said there would be no second referendum.

    On Friday he said he would stand down as prime minister by October following the leave result.

    The petition, set up by William Oliver Healey, states: “We the undersigned call upon HM Government to implement a rule that if the Remain or Leave vote is less than 60%, based on a turnout less than 75%, there should be another referendum.”…..

    …….In a separate petition more than 100,000 people have called on London Mayor Sadiq Khan to declare the English capital independent from the UK and apply to join the EU.

    Across all 33 boroughs in London 59.9% of people voted to stay in the EU, with the Remain vote more than 70% in some boroughs.

    The page, set up by James O’Malley, states: “London is an international city, and we want to remain at the heart of Europe.

    “Let’s face it – the rest of the country disagrees. So rather than passive aggressively vote against each other at every election, let’s make the divorce official and move in with our friends on the continent.”….”

    Sour grapes. At least a ‘Sovereign State of London’ would be bigger than Monaco.

  2. Croatian Holiday Maker on Sat, 25th Jun 2016 8:25 am 

    It remains to be seen if the EU is interested in adopting a sovereign islamic city like London.

    The best thing Britain can do is apply for membership of the US.

    The Dutch have tugboats and can drag the thing westwards and dump it before Coney Island.

  3. Croatian Holiday Maker on Sat, 25th Jun 2016 8:35 am

    German FM has already demanded it earlier this week, now Bavarian leader Seehofer has demanded the same: anti-Russian sanctions should be eased.

    These sanctions were imposed on instigation of the US. Now that the Anglo influence in the EU has been diminished now that the US has lost its British stadtholder in the EU, expect calls for dumping sanctions to increase soon.

  4. ghung on Sat, 25th Jun 2016 8:41 am 

    EU in name only? The System Cannot Hold

    “…..The overwhelming underlying principle that we see at work here is that centralization is dead, because the economy has perished. Or at least the growth of the economy has, which is the same in a system that relies on perpetual growth to ‘function’.

    But that is something we can be sure no politician or bureaucrat or economist is willing to acknowledge. They’re all going to continue to claim that their specific theories and plans are capable of regenerating the growth the system depends on. Only to see them fail.

    It’s high time for something completely different, because we’re in a dead end street. If the Brexit vote shows us one thing, it’s that. But that is not what people -wish to- see.

    Unfortunately, the kinds of wholesale changes needed now hardly ever take place in a peaceful manner. I guess that’s my main preoccupation right now.”

    Will the EU have any relevance beyond that it fractures into a hundred pieces?

  5. Croatian Holiday Maker on Sat, 25th Jun 2016 8:44 am

    British Conservative EU finance commissionar Jonathan Hill is taking his hat after the Brexit. He came to Brussels as a Euro-skeptic but gradually turned into a Europhile. He deeply regrets the outcome of the referendum.

  6. Croatian Holiday Maker on Sat, 25th Jun 2016 8:55 am 

    Tomorrow Germany plays Slovakia and can be expected to win.

    Monday England will play Iceland and can be expected to win also.

    Later next week Germany will Play England in the quarter finals.

    Now that’s going to be a kicker (pun intended) with strong political undertones.

    Expect the British tabloids to reuse old phrases like Blitz again.

  7. Davy on Sat, 25th Jun 2016 9:09 am 

    You been watching too much TV and visiting extremist sites Makati Bill. We are doing wonderful in the US compared to the slums you live above and look down on.

  8. Croatian Holiday Maker on Sat, 25th Jun 2016 10:07 am

    Australian born anti-NWO blogger and former Whitehouse aid under Carter, John Helmer claims that Merkel is now completely isolated, even within her own government and that powerful German parties are busy crafting new agreements with Russia behind her back.

    Also they are preparing for Merkel’s downfall.

    The Brexit move will ensure that German-Russian approchment will accelerate in the near future.

  9. joe on Sat, 25th Jun 2016 10:09 am 

    This whole thing is a direct consequence of UK peak oil. They are losing their oil feilds in the North Sea. They no longer have and oil debt generating machine so they need to be globally competitive. Sadly those who voted to ease migration, voted wrong. Now the masters of the UK are free to forget living wages, thumb their noses at unions and offer cut rate income tax for large companies.
    Not that staying would have been much better. The NHS might have lasted another 10 years, but not if they are going to add 3milion new workers every 10 years on minimum wages, as was the case more or less since the recession of 08.
    Outside london the uk is decaying, so somthing had to be done. Now at least migration WILl go the other way. Trade barriers will see to that. Without north sea oil, britain is basically ireland, but with 100% free healthcare. Hmmm, doesnt need a genius to figure out somthing had to give. Non EU membership hasn’t stopped Pakistanis entering Europe by the million, so it wont stop Britons or anyone else.
    Liberal tolerant lifestyles of low birth rate creates demand for human capital, for the rich we are nothing but livestock, the same as cows or sheep, but when it suits them they have these battles and agree to accept the outcome because in the end Brexit or not the rich either get rich from Europe giving them trillions or they become a low wage, low tax entreport for Europe and make trilions. Now they can do for Europe what China couldn’t.

  10. joe on Sat, 25th Jun 2016 10:13 am 

    Good spot Holiday Maker. The UK is leaving because of her. Uk liberals can blame old people as much as they want, but it was middle england, those people who have been forced to sit by and look on while the lunatics take over the assylum. If she wouldnt have let millions of jihadis into Europe, there would have been a different result, no doubt.

  11. dissident on Sat, 25th Jun 2016 10:13 am 

    Please, please EU keep the sanctions on Russia. And impose even more. It is the best thing to have happened to the Russian economy since 1991. Russia has nearly recovered self-sufficiency in food production and agricultural machinery production has experience annual increases of over 70%. There has been a surge in small and medium size business formation as various imports start to be domestically produced.

    Keep the “pain” coming.

  12. joe on Sat, 25th Jun 2016 10:19 am 

    Russia trade mostly with Asia and Iran and Central Asia. They also have a little population and huge oil reserves and a tiny military budget compared to the US.
    Now without the UK, the EU will takexa different approach to NATO and Russia. In the end Europeans see Turkey as their historical enemy. Not Russia. Until 1945 Europeans and Russians lived side by side from Moscow to Berlin.

  13. simonr on Sat, 25th Jun 2016 10:42 am 

    I am confused, given that the EU commissioners are undemocratically appointed, does anyone know who appoints them ?

  14. Croatian Holiday Maker on Sat, 25th Jun 2016 11:04 am

    Why the Brexit vote is an enormous boost for the Trump backers. It is difficult to overstate the significance of what happened in Britain yesterday. Electoral majorities everywhere have enough of the globalism of our leftist cosmopolitan overlords. Trump does have a real chance.

  15. ghung on Sat, 25th Jun 2016 12:06 pm 

    simonr asks “I am confused, given that the EU commissioners are undemocratically appointed, does anyone know who appoints them?

  16. JuanP on Sat, 25th Jun 2016 12:27 pm 

    Dissident, I completely agree with you that the sanctions and counter sanctions benefit Russia. Thanks to all the economic, propaganda, financial, political, military, and diplomatic attacks perpetrated by the USA and its minions against Russia in the last couple of years, Russia is now stronger, more united, more independent, and more self sufficient than it has ever been. The alliance between Russia and China keeps growing exponentially, too.

    I hope the sanctions stay on indefinitely, they are the best thing that has happened to Russia in a very long time.

  17. JuanP on Sat, 25th Jun 2016 12:31 pm 

    Joe at 10:09 am. I completely agree with your comment. The rich will turn this to their advantage one way or another. Some things never change! The rich get richer and the poor get poorer! LOL!

  18. John on Sat, 25th Jun 2016 1:10 pm 

    Croatian Holiday Maker….I hope ur f’in right!!!….that Euro match could be the best in our generation….lol….

  19. Davy on Sat, 25th Jun 2016 1:18 pm 

    Sanction are a nonissue either way. The real issue is the downturn in oils prices and the drop in global trade activity. Despite what Russiophiles here say Russia is suffering especially the common man. A recession is just that. Those that are benefiting are those with the mafia connections.

  20. JuanP on Sat, 25th Jun 2016 1:35 pm 

    Two million Brits have signed the petition to hold new Brexit referendum.

  21. Anonymous on Sat, 25th Jun 2016 1:43 pm 

    The best thing could happen for European peace and unity, is the collapse of amerikas pet, and favorite spy\FOB, aka ‘not-so-great’ Britain. The uK has done more to hinder true European unity and peace, thanks its tireless efforts on behalf of the JewNited states than anyone else.Britain has been a huge stumbling block in every sense of the word. Supporting uS ‘sanctions’, an active participant in american sponsored wars and subversion, financial fraud, you name it, GB has always stood by to do americas bidding, no matter how little sense it makes or how much it hurts people of the UK.

    Now, if only the citizens of the UK would hold a referendum on leaving ‘NATO’, we could make it a two-fer. Close the Menwith Hill spy station and remove all americant WoMD and other facilities from the UK. That would be some real progress.

  22. John on Sat, 25th Jun 2016 2:08 pm 

    It must be really hard for Britain to turn its back on the USA, there is a long connection and such a big loss in USA life fighting a sad Euro / World War…
    A lot of voters did a protest vote, a lot thought they would still be in Europe doing their protest….if only Euro and all political dicks didn’t live in such a currupt bubble / loose sight of what people actually want we won’t have all these problems.
    I could understand a re-vote if the stupid currupt governments moved the goal posts.
    One of the U.K. bigger areas of conflict will be maybe more trouble in Northern Ireland, at the moment there is unprecedented demand for a joint UK and Irish (Euro member) passport option, available in Northern Ireland because of past conflict…

  23. yoshua on Sat, 25th Jun 2016 3:26 pm 

    Europe is a strip mined continent. Europe’s largest coal reserves are located in Donbas. Donbas has 50 years of coal reserves. Today Donbas is under Russian military control. Ukraine tried to take back Donbas by military force, but failed. Europe is back to square one, a strip mined continent.

    Europe obviously needs to “unite” with Russia, since Russia has large coal reserves. Britons will never agree, took a vote and decided to exit. Europe responded: Please sign article 50 so that we can move on. Britons responded: No. I will resign and a petition has been signed for a new referendum. Europe responded: Oh, man !

    America doesn’t like the idea of close European and Russian relations. Americans are saying: Russia is not a democracy and doesn’t adhere to human rights laws. Russia is a mafia state.

    Europe is stumbling from one crisis to another, is falling apart and will soon turn into something very nasty if we can’t find a solution.

  24. Croatian Holiday Maker on Sat, 25th Jun 2016 5:04 pm

    Young students from London saying sorry for the brexit.

    “We didn’t want this”

  25. Anonymous on Sat, 25th Jun 2016 5:21 pm 

    Globalist media-op starring a bunch of (likely paid) actors. I cant tell if those videos, or its message, are meant to be…parody….funny..or ham-fisted propaganda? All the above? Its kind of embarrassing to watch actually. Spontaneous and heartfelt, its not. Not one of them is remotely convincing, or clever even.

    Brought to you by: Der Propaganda, sponsored by the uSgov and zio-globalist media.

  26. John on Sat, 25th Jun 2016 5:24 pm 

    Sorry had to turn the young London students video off in a short space of time….it’s poorly made in genuine terms…unfortunately the young ones haven’t been around long enough to understand the problems unelected politicians have dumped on people, or, sorry to use the term, serfs, for so long…politician dicks brought the problem on themselves

  27. Croatian Holiday Maker on Sat, 25th Jun 2016 5:37 pm 

    It is obviously intended as popaganda, but that doesn’t mean that these people are actors. It is true that leftist London students in great majority wanted to remain in de union.

  28. Anonymous on Sat, 25th Jun 2016 5:53 pm 

    Then by all means croat, let’s upgrade them to stupid(shilling for globalism for free?), in addition to being unconvincing.

  29. Croatian Holiday Maker on Sun, 26th Jun 2016 12:22 am 

    After Brexit, a Texit?

    Texas joined the USA in 1845. Reason: Texas had much debt which Washington was willing to share.

    This was btw the same reason why at the time Scotland joint the UK: a bailout by London.

    Texas has the highest percentage of those who want to secede from the US, a staggering 34%:

  30. Croatian Holiday Maker on Sun, 26th Jun 2016 12:45 am 

    The French and commie newspaper Liberation in particular making fun of “the roastbeefs”, as the British are known in France:

    “And journalist Christopher Nunès wrote: “I’ve always had a low opinion of the English. A nation that can’t behead its Queen is not to be trusted!” “

  31. Croatian Holiday Maker on Sun, 26th Jun 2016 5:52 am 


    A staggering more than 3 million Britons and counting signed a petition for a second referendum. A lot of people have sevond thoughts about the outcome of The Referendum of June 23. Why on earth would you want to leave an entity that soon will be the first address on the planet again, like it has been for more than 2000 years, interupted only by a brief Anglo-Soviet intermezzo that is now coming to a close.

    All over sudden the Tommies begin to realize that they are now completely isolated and at the mercy of the goodwill of Brussels, which is on offer at limited supply only.

    Worse there is a real threat of the United Kingdom becoming not so united, with Scotland saying !adios! to London.

    Furthermore a significant chunk of London’s finance business will move to Frankfurt or Paris, leaving the Brits with Yorkshire Pudding only to compete on world markets.

    Although the referendum is presented as a binding referendum by everybody, including Brussels, in reality it is not.

    If it were up to me, which it definately is not, I would let the British smother a little and use the opportunity to do major geopolitical business with Moscow first and when that is done, begin to pimp ourselves as the patron and protector of the Euro’s worldwide and of North-America in particular and as such drive a wedge between the Amerikaner (not to be confused with Americans, a sort of Yugoslav on the way out) and those who can’t be named.

    This would mean a reversal of not only 1945, but 1776 as well.

    I think I am not only going to order another beer but light a fine Cuban cigar as well.

  32. Ralph on Sun, 26th Jun 2016 6:15 am 

    Both the main political parties in the UK are imploding. The Tory party leader and prime minister has resigned, and there is no obvious replacement who will both appease the Brexit camp and the bulk of the Tory MPs who don’t want to leave. Equally, most of the opposition cabinet members have been fired or resigned as they have no confidence in their leader Corbyn , how is a traditional left winger with enormous local party support, and hated by most of his MPs.
    He is seen to have been too weak in his support for remain, and allowed too many of their traditional electorate to vote Leave.

    the EU is apoplectic in rage and fear that other members will now follow suit.

  33. Davy on Sun, 26th Jun 2016 7:16 am 

    “significant chunk of London’s finance business will move to Frankfurt or Paris,” A significant chunk of London’s finance business is going to vanish. What is going to happen in Europe will be a blood bath. European banks were nearly dead before this Brexit happened now that this happened “Katy bar the door”. Europe is the focus of collapse now.

    I love how Europeans think this Brexit is going to screw London and help them. Europe is screwed. The momentum of decay is clearly and firmly in place. Europe will now come a part in a violent manner socially and economically because they went too far “in” without understanding the consequences. States generally devolve in civil war not cooperative efforts.

    It will remain to be seen how Europe will collapse as globalism is collapsing. Collapse is now assured for globalism because Europe is too big to fail. The contagion will be global and move to all other “too big to fail” nodes. This is a process so it is going to take time but the trend is set. This includes China and the US. Russia may be the best place being already in a process of decline and isolationism but Russia can never avoid a cold if Europe sneezes. Maybe they will chose to move in militarily to achieve security but that will not work as it did with Stalin’s post WWII actions.

  34. Croatian Holiday Maker on Sun, 26th Jun 2016 10:49 am 

    Do I think a financial collapse is coming? Oh yes, globally.

    What does that mean, “financial collapse”? Do banks collapse?

    What is a bank anyway? A HQ, a few thousand ATM’s, a computer network, a load of software, ever fewer branches with women behind the counter who smell good, and a few million digital accounts representing your savings c.q. debt. And a few percent cash.

    Banks can’t collapse unless somebody blows up the ATM’s. What collapses are the IOY’s. It’s called bail-in. It is the law. A collapse means that your withdrawal frequence will be dramatically curtailed and that everything above a certain amount (100k?, 50k? 10k?) will be simply evaported. Tough luck, shit happens.

    The good thing, life will by and large continue after the collapse like before. You will receive a lower salary, possible paid with 3 months delay, pensions ditto. It happened to Russia in the late nineties, it happened to Argentine. You have a tough decade but then thing gradually improve and you are sadder and wiser.

    That’s “collapse” for you. Going to happen everywhere in the West.

  35. Croatian Holiday Maker on Sun, 26th Jun 2016 11:26 am

    This is going to be interesting: Scotland does not approve to leave the EU and wants talks with Brussels to prevent just that. Additionally the Scottish government wats a new independence referendum with the reasonable argument that UK-2014 no longer exists and that the context has dramatially changed.

    It is unlikely that London will approve, but what if Scotland will carry out a new referendum unilaterally and doesn’t wait for approval? And Brussels doesn’t need to consider Britain anymore, because they just left the building.

  36. Croatian Holiday Maker on Sun, 26th Jun 2016 11:28 am 

    Latest poll suggest that now there is a 52% majority for an independent Scotland.

  37. Davy on Sun, 26th Jun 2016 11:44 am 

    CHM said “The good thing, life will by and large continue after the collapse like before…. happened to Russia in the late nineties, it happened to Argentine. You have a tough decade but then thing gradually improve and you are sadder and wiser.”

    First, who knows what is coming. This is uncharted waters. This is a time driven process so it will likely unfold over time with only a near term event marker which may be Monday when the markets really react. The process will then take on a life and that could be a long or short process. Comparing this process to Russia and Argentina is inadequate. Past references are incomplete in this new normal. On some levels the characteristics will be similar but on many others a much different situation.

    This will likely be the beginning of the undoing of globalism. Velocity of activity is going to slow down in further dangerous deflation. This is a global phenomenon. All people in their locals are dependent on a healthy global economy. The systematic definition of this condition is a delocalized local. A falling global system means failing local globally. We all are at risk.

    Banks are the conduits of fiat money. Fiat money by its nature is only as good as the confidence underlying it. Banks collapse and with that we have a cross contagions with risk off escalation. “Risk off” sentiment escalates and leads to “Minsky Moments” of paralysis and loss of confidence. If the authorities can’t stem this panic it becomes self-reinforcing and snowballing. It is likely the authorities will do whatever it takes yet again but each time this is done more damage is done just like the continuous use of steroids eventually destroys the tissue so is continuous use of easing and manipulated interest rates.

  38. Croatian Holiday Maker on Sun, 26th Jun 2016 11:53 am

    Bubblemeister Greenspan has said that the US could follow the (bad) example of Venezuela and impose martial law as a result of deteriorating economic conditions.

    You do not have to be a frequenter to be open for bad news.

  39. GregT on Sun, 26th Jun 2016 12:21 pm 

    “Ordo Ab Chao”

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