Politics.........
- Thread starter Judd Dredd
- Start date
Don the Don
Legendary Knight
Should get a few Greeny's complaining, I always have the means to get wood and other substances in the back of my motor, feck the green lobby
www.bbc.com
Energy prices: Households turning to coal ahead of 'hard winter'
One woman who made the switch says her coal bunker has been raided by a thief.
chas
Legendary Knight
I've just had a Ton of logs deliveredShould get a few Greeny's complaining, I always have the means to get wood and other substances in the back of my motor, feck the green lobby
Energy prices: Households turning to coal ahead of 'hard winter'
One woman who made the switch says her coal bunker has been raided by a thief.
Sarky B’stard
Legendary Knight
Cut & split mine months ago as well as recycling my old decking with a chop saw!
Old Nick
Legendary Knight
Not a fan of the Sunak chap but I did like his reason for not attending the Tory Conference in Birmingham - ‘to let Truss own her moment’ - Brutus would be proud of that
That pair of cunts have already caused so much irreparable damage it’s scary - absolute wankers
What’s going to be left of our economy…..
That pair of cunts have already caused so much irreparable damage it’s scary - absolute wankers
What’s going to be left of our economy…..
What a joke 
BBC News - How tax cut policy U-turn was decided
BBC News - How tax cut policy U-turn was decided
How tax cut policy U-turn was decided
The PM and chancellor held a series of crisis talks as it became clear the 45p tax cut policy was going to fail.
www.bbc.co.uk
Sarky B’stard
Legendary Knight
Our economy is fine..... more or less.
The underlying problem is that we're overtaxed which depresses activity and growth. All the bally-hoo about the £ is just that. It's driven by aggressive US policies that actually make the $ over valued. Biden hopes it will squeeze him through the mid terms in Nov while they too experience energy led price inflation but the unwind will kill him. Swathes of other currencies are equally affected.
Our cost of living 'crisis' is about wholesale global energy prices - we're importing inflation and probably not indefinitely but short term. The 'crisis' bit is cynical political rhetoric designed to destabilise the government who aren't either directly responsible or actually in control of events.....but they're accountable.
We need to unwind the tax burden and encourage growth. Some reduction in the size of government is essential. We're basically here:
just read the first two lines.....
So we've been here before. Blair and Brown unwound all the sound economics and the boy blunder Cameron and that bloke from Facebook carried on as did Mayhem and Bodgo steadily inflating the government balloon til it's just about to go pop.
And who confounded all those supposed experts by re-invigorating an imploding economy? You DO eventually have to let the balloon down. Best done under control eh?
The underlying problem is that we're overtaxed which depresses activity and growth. All the bally-hoo about the £ is just that. It's driven by aggressive US policies that actually make the $ over valued. Biden hopes it will squeeze him through the mid terms in Nov while they too experience energy led price inflation but the unwind will kill him. Swathes of other currencies are equally affected.
Our cost of living 'crisis' is about wholesale global energy prices - we're importing inflation and probably not indefinitely but short term. The 'crisis' bit is cynical political rhetoric designed to destabilise the government who aren't either directly responsible or actually in control of events.....but they're accountable.
We need to unwind the tax burden and encourage growth. Some reduction in the size of government is essential. We're basically here:
So we've been here before. Blair and Brown unwound all the sound economics and the boy blunder Cameron and that bloke from Facebook carried on as did Mayhem and Bodgo steadily inflating the government balloon til it's just about to go pop.
And who confounded all those supposed experts by re-invigorating an imploding economy? You DO eventually have to let the balloon down. Best done under control eh?
Sarky B’stard
Legendary Knight
If you were standing on the quayside at Dover you'd spell that differently. I'll get my coat.....I've just had a Ton of logs delivered
Scrappy
Legendary Knight
What a joke
BBC News - How tax cut policy U-turn was decided
How tax cut policy U-turn was decided
The PM and chancellor held a series of crisis talks as it became clear the 45p tax cut policy was going to fail.www.bbc.co.uk
IMO there is a plot to undermine Liz Truss and her government because her cabinet and key players are pro-Brexit, actually conservative, and to some extent anti-woke. The tax cuts are estimated to cost about £25 billion initially in lost tax income, but would encourage and possibly boost growth therefore potentially increasing tax revenues in the not too distant future. Those benefiting from the cut in the 45p tax rate would be individual working people, regardless of their wealth. However the media, EU, WEF, IMF, and lefty institutions all started to go hysterical, saying it was reckless and benefiting the rich. Now consider that the previous government wrote off £10 billion in wasted COVID PPE, and as of March 2022 the cost of Government measures for COVID range from about £310 to £410 billion (see UK Gov link below), and those benefiting from all the COVID expenditure were the large corporations and their shareholders, but the EU, WEF, IMF, and the lefty institutions weren't screaming like smacked little children over those costs which the UK tax payer will be repaying for decades.
As I understand it, the pound took a hit initially but recovered within a day, but the Euro and other currencies continued to fall, and the UK economy has been expected to grow, unlike the US economy and many other EU economies. Liz Truss should have stood her ground on the tax changes.
I believe there has been a plot to remove Liz Truss from the moment she won the Conservative leadership, with antagonists within her own party, the lefty establishment, the media, and the globalists (WEF & EU etc).
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Scrappy
Legendary Knight
Our economy is fine..... more or less.
The underlying problem is that we're overtaxed which depresses activity and growth. All the bally-hoo about the £ is just that. It's driven by aggressive US policies that actually make the $ over valued. Biden hopes it will squeeze him through the mid terms in Nov while they too experience energy led price inflation but the unwind will kill him. Swathes of other currencies are equally affected.
Our cost of living 'crisis' is about wholesale global energy prices - we're importing inflation and probably not indefinitely but short term. The 'crisis' bit is cynical political rhetoric designed to destabilise the government who aren't either directly responsible or actually in control of events.....but they're accountable.
We need to unwind the tax burden and encourage growth. Some reduction in the size of government is essential. We're basically here:
just read the first two lines.....
So we've been here before. Blair and Brown unwound all the sound economics and the boy blunder Cameron and that bloke from Facebook carried on as did Mayhem and Bodgo steadily inflating the government balloon til it's just about to go pop.
And who confounded all those supposed experts by re-invigorating an imploding economy? You DO eventually have to let the balloon down. Best done under control eh?
IMO its an engineered crisis, and I believe the main reason why there is so much negativity aimed at the Liz Truss government is because she is not following the globalist woke play book.
MartytheMartian
Legendary Knight
I find it quite fascinating that over the course of my lifetime I have seen the public of the UK conditioned to basically shout and scream about the injustice of whatever the government is doing and often put the mockers on it as soon as someone, probably with nothing more than conjecture and little real expertise in economics starts shouting at the poor 'they're screwing you and making the rich richer'. The Rich will always get richer on the whole because you need money to make money and the more money you have the more you can make, There will always be poor people but constantly inciting the 'poor' to go against whatever the 'rich', including the government want to do (it's got to be bad as it's rich people doing it isn't it?) ultimately does nobody any favours except the rabble rousers who usually get a 'nice little earner' out of their shit stirring and usually at the expense of the 'poor' they are claiming to be fighting for.
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Sarky B’stard
Legendary Knight
True, you just try to pick the least inept/venal.
My personal wish is the collapse of both Labour and Conservative parties and a realignment. It's bitterly ironic to me that the social and economic advances of the 20th C make Labour pretty irrelevant. Everything they really wanted has come to pass so it's a confused mix of unreconstructed Commies and supposed Social Democrats plus dim Class Warriors like Ange. Meanwhile the Tories have adopted Social Dem policies under a Conservative banner but are no longer the competent
s just straight s. Both Party machines are utterly at picking half decent candidates. It's mostly Spiv Central with a few redeeming figures for the shop window.Maggie T won't exactly be spinning but there'll be quite a dust cloud down there.
MartytheMartian
Legendary Knight
I am pretty much in total agreement @Sarky B’stard There is no real difference between the Conservatives, Labour and Liberal Democrats now. They are all the same self-serving, convinced of their own superiority one-worlder's and none of them like. and refuse to accept, that the public of the United Kingdom doesn't want what they are selling. As I see it, Liz Truss has the same problem with her party that Boris had. While she may have been the choice of the party members (best of a very bad lot to them I'd imagine) she is as popular with Heseltine, May, Major etc. as Boris was and I'd imagine it will only be a matter of time before the same scoundrels in the Conservative party bring her down.
Quite simply we need a bloody revolution to sweep away the whole damned useless lot of them and replace them with a proper parliament and a funcitioning government.
Quite simply we need a bloody revolution to sweep away the whole damned useless lot of them and replace them with a proper parliament and a funcitioning government.
Sarky B’stard
Legendary Knight
Meanwhile in Scoatland in even wurruss!
MartytheMartian
Legendary Knight
I'm not sure what wurruss means but if it means that, in Scotland it's even worse I agree wholeheartedly. I didn't say it but I consider Sturgeon and her mob and those green bastards, not to mention the Conservatives, Liberals and Labour to all be cut from the same defective and rather repellent fabric and they are probably all more deserving of a jail cell than a job on the public purse.
Sarky B’stard
Legendary Knight
On the bright side she got roundly and publicly booed in Dunfermline today!
Old Nick
Legendary Knight
Unfortunately the budget 10 days ago was supposed to comfort everyone regarding energy price increases, reality was Truss and Kwarteng created a crisis whereby everyone with a mortgage is looking at eye watering increases in monthly repayments because of their inept amateurish handling of their budget announcement, including two of the most ludicrous tax cuts (higher tax rate and bankers bonus cap) when there obviously has to be a cut in public spending - beyond idiotic…
To see the damage to the economy (which was bumbling along in positive territory if not galloping ahead growth) see how monthly mortgage payment increases in the many £100’s removes money from the economy, leads to mortgage arrears, repossessions, shrinking demand and one very fucked economy
Interest rates and inflation were going up anyway and we needed a Prime Minister and Chancellor who were going to control the situation and the markets in a prudent mature manner to minimise the pain we all knew was coming
Last Friday Truss and Kwarteng fucked it up, Pandora is out of the box and we have a world of pain on us now
The run on the pound has been abated because BoE is buying Government gilts again but only until 14th October - after that expect to see Sterling nose dive again, interest rates jump, major pension funds start collapsing etc etc etc
To see the damage to the economy (which was bumbling along in positive territory if not galloping ahead growth) see how monthly mortgage payment increases in the many £100’s removes money from the economy, leads to mortgage arrears, repossessions, shrinking demand and one very fucked economy
Interest rates and inflation were going up anyway and we needed a Prime Minister and Chancellor who were going to control the situation and the markets in a prudent mature manner to minimise the pain we all knew was coming
Last Friday Truss and Kwarteng fucked it up, Pandora is out of the box and we have a world of pain on us now
The run on the pound has been abated because BoE is buying Government gilts again but only until 14th October - after that expect to see Sterling nose dive again, interest rates jump, major pension funds start collapsing etc etc etc
Sarky B’stard
Legendary Knight
Well don't forget the last thing left in Pandora's box was hope.....
I don't quite agree your analysis and think HM's funeral was probably significant in taking their eye off the ball. Their economics are sound enough - so far - but they bogged up the politics and timing matters. A signal would have been sufficient.
Meanwhile we need more money circulating in the economy; not the funny easing stuff that creates asset bubbles but in individual pockets and business development plans. They've got 23 Nov to come up with credible supply side reforms to personal tax, business regulation and unnecessary red tape that inhibits things like free trade and house building.
They need to be starkly honest about what they can do..... and can't I.e. global energy prices given our current lack of energy independence.
I don't quite agree your analysis and think HM's funeral was probably significant in taking their eye off the ball. Their economics are sound enough - so far - but they bogged up the politics and timing matters. A signal would have been sufficient.
Meanwhile we need more money circulating in the economy; not the funny easing stuff that creates asset bubbles but in individual pockets and business development plans. They've got 23 Nov to come up with credible supply side reforms to personal tax, business regulation and unnecessary red tape that inhibits things like free trade and house building.
They need to be starkly honest about what they can do..... and can't I.e. global energy prices given our current lack of energy independence.