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P A G to debate: Abrogation – is it an Option?

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The latest Positive Action Group meeting is to debate the issue of Abrogation.

The Chief Minister declared “Abrogation is not an issue on the table” and P A G say he has dodged analyzing the pros and cons of a fundamental change in our relationship with the UK.

However, they point out the Treasury Minister, later, took a softer stance and stated that abrogation could not be ruled out.

P A G say other well respected political pundits, such as Charles Cain, believe that we should seriously consider the issue and so that’s just what the local political lobby group will do in a public meeting on Monday 1st February 2010 , 7.30 p.m. at the Manx Legion Club, Market hill, Douglas

Chris Robertshaw for P A G said;

“The Island’s relationship with the U K seems to have changed in the last 2 years, starting with the unilateral decision by the U K to end the Reciprocal Health Agreement. This was followed by the collapse of K S F Bank and latterly with the one-sided alteration to the Revenue Sharing Arrangement.”

Mr Robertson goes on to say, “We feel it’s time for the public to be made aware of the implications to our economy about possible abrogation of the Customs and Excise Agreement, in the light of what appears to be a worsening relationship with our near neighbours.

It is not sensible to bury our head in the sand over this issue. We will present the facts both for and against abrogation and we do hope that people will come along and join in the debate - we really want to hear their views”.

As usual the P A G meeting is free and open to everyone.

 

 

Subscribe to comments feed Comments (2 posted):

Premier Shareholders Group on 03 February, 2010 04:50:06
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"what appears to be a worsening relationship with our near neighbours"

Hardly surprising that this “relationship is “worsening when the Isle of Man government financial services regulatory authorities allow island based investment fund managers to obtain EU pensioner’s savings by publishing dishonest advice.

The Island’s "slogan" should contain a codicil…

“THE FREEDOM TO FLOURISH - BY MAKING FOOLS OUT OF PENSIONERS”
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shafted in the Isle of Man on 04 February, 2010 04:28:47
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As depositor's who's money was taken under false pretences on the Island by Derbyshire Building Society staff, we totally agree.

How can the relationship with the UK improve when the Isle of Man has lost our hard earned savings? All other British savers did not loose a penny.

The FSC had a parental guarantee in place which now turns out to be worthless. While the FSC were suposed to be supervising the KSF Bank they made a mess of the job, I don't know why, as some of the FSC staff were also Directors of the same bank they were supposed to be supervising.

Take a look at youtube.com under DON'T BANK ON THE ISLE OF MAN.

see true life stories how 10,000 depositors have lost their hard earned savings in the KSF banking collapse.

ALL BUILDING SOCIETIES AND BANKS IN THE ISLE OF MAN SHOULD CARRY A GOV HEALTH WARNING, SAVING IN THE ISLE OF MAN CAN SERIOUSLY DAMAGE YOUR WEALTH AND HEALTH.
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