Monday, 05 September 2022
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With a new Prime Minister to be announced today (Mon 5th Sept 2022), we’ll start a fresh thread for all the discussion, and also use this one for any other Westminster/Politics related stuff going forward.

The old thread is now locked as Boris and his Government are replaced.

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1 month ago
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#317116
And German inflation hits 11pc today-all down to Truss cutting the 45pc tax rate didn’t you know?


They made the same appalling decisions Johnson did. Lockdown and cutting off your biggest energy supplier with no replacement. Again, you compare Britain to the team bottom of the table, not the top of the table.

The tax cuts are political, they are an irrelevance. If I get an extra 30k what will I spend it on? The shops are empty, supply chain issues. No one in their right mind would invest in Britain, so what do I do? Put it in one of the offshore funds, then it needs to be in $s. 30k is going to buy a round of drinks in NY, so the money is worthless.

Short term tax cuts don't have monumental effects on 10 year gilt yields. The market is signalling that it has no confidence in the future. The Tories since 2010 have cranked up taxes, borrowed like crazy, slashed public services and creamed off the money. There is now nothing left. Our economy is already behind India, it will keep falling because we have nothing, no manufacturing, no intellectual capacity and no natural resources. It was always going to happen, we have just reached the tipping point.

It will take Labour years to sort out the mess left by the Tories
1 month ago
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#317117
Oh look-we had growth in last quarter and todays headline screams Eurozone facing financial turmoil

It’s like pinning the tail on the donkey-we were first but someone else’s turn next.The BOE has done its job so it’s time to pick on someone weak-let’s look at Italy or one of the other southern Euro countries next

Never panic
1 month ago
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#317119
And German inflation hits 11pc today-all down to Truss cutting the 45pc tax rate didn’t you know?


They made the same appalling decisions Johnson did. Lockdown and cutting off your biggest energy supplier with no replacement. Again, you compare Britain to the team bottom of the table, not the top of the table.

The tax cuts are political, they are an irrelevance. If I get an extra 30k what will I spend it on? The shops are empty, supply chain issues. No one in their right mind would invest in Britain, so what do I do? Put it in one of the offshore funds, then it needs to be in $s. 30k is going to buy a round of drinks in NY, so the money is worthless.

Short term tax cuts don't have monumental effects on 10 year gilt yields. The market is signalling that it has no confidence in the future. The Tories since 2010 have cranked up taxes, borrowed like crazy, slashed public services and creamed off the money. There is now nothing left. Our economy is already behind India, it will keep falling because we have nothing, no manufacturing, no intellectual capacity and no natural resources. It was always going to happen, we have just reached the tipping point.

It will take Labour years to sort out the mess left by the Tories


Maybe Labour will draft Dianne Abbott back in, she will sort it.
1 month ago
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#317120
Oh look-we had growth in last quarter and todays headline screams Eurozone facing financial turmoil

It’s like pinning the tail on the donkey-we were first but someone else’s turn next.The BOE has done its job so it’s time to pick on someone weak-let’s look at Italy or one of the other southern Euro countries next

Never panic


Or you could have pointed out that the new figures have revised the size of the economy down from + 6% to -2% of pre Covid levels. However good to see they have changed tack and are now talking to the OBR, if they want to sell loads of bonds they need to restore confidence in the market. As for Kwartengs reputation and the polls, that may take a while longer to restore. .
1 month ago
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#317121
Sir Lapp - your fav shooting buddy is prominently featured in your fav paper but you seem to have forgotten to post the link?

Not been round to his for dinner recently have you by any chance?
1 month ago
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#317126
Are you talking about Crispin?He shorted Sterling two months ago because he could see this coming.£900bn of QE since 2008 facilitated the trade.Truss created the catalyst but to blame the 45pc tax cut for the current malaise is naive.I do accept the cut timing was bad-she should turn it into aspirational and put it in the long grass given the mood.

Next will be Europe who are still chained to QE and the printing press.
1 month ago
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#317130
If Ukraine gets accepted into NATO tonight, unlikely but not implausible, then we will be officially at war with Russia.

Any of these financial issues will be irrelevant to what’ll come - fingers crossed they don’t.
1 month ago
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#317131
Yes-Marko will have the bunting out tonight.Fireworks and sparklers all round.

Want this the fault of the Tories too?J might be mistaken.

The world has been in a mess for 3 years-the key words being ‘the world’
1 month ago
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#317134
If Ukraine gets accepted into NATO tonight, unlikely but not implausible, then we will be officially at war with Russia.

Any of these financial issues will be irrelevant to what’ll come - fingers crossed they don’t.


We're already at war with Russia. Thousands of the soldiers who led the Kharkov counteroffensive are either Poles or US mercenaries. The US has already opened an HQ in Europe with 300 staff to take control of the war. It's now Russia against NATO, the Ukrainians have lost so many soldiers there aren't any left.
If Ukraine gets accepted into NATO tonight, unlikely but not implausible, then we will be officially at war with Russia.

Any of these financial issues will be irrelevant to what’ll come - fingers crossed they don’t.


We're already at war with Russia. Thousands of the soldiers who led the Kharkov counteroffensive are either Poles or US mercenaries. The US has already opened an HQ in Europe with 300 staff to take control of the war. It's now Russia against NATO, the Ukrainians have lost so many soldiers there aren't any left.


Russia against NATO? You sure you want that?

Mad Vlad is already resorting to calling up hundreds of thousands of folk who want nothing to do with it. If NATO properly join this war, it can end one of two ways: mutually assured destruction (in the event that Vlad hits the idiot switch); or a coup in the Kremlin.

Russia can not defeat NATO through conventional warfare, that much has been made clear by their performance throughout their ‘limited special operation’, or whatever it is that they call their land grab.

How do you feel about these referenda, Marko? All above board and honourably administered?
1 month ago
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#317156
They can't beat Nato? They can put a nuclear bomb in trafalgar Square.

Last Friday was the first day for 8 1/2 years donetsk wasn't shelled by the Ukrainians. When slaviansk refused to surrender in 2014 the Ukrainians bombed the children's hospital. 38 people burned alive in odessa. How do you think they voted? Google roses have thorns by watchdog media, you'll see what happened.
They can't beat Nato? They can put a nuclear bomb in trafalgar Square.

Last Friday was the first day for 8 1/2 years donetsk wasn't shelled by the Ukrainians. When slaviansk refused to surrender in 2014 the Ukrainians bombed the children's hospital. 38 people burned alive in odessa. How do you think they voted? Google roses have thorns by watchdog media, you'll see what happened.


Nuclear bombs are not conventional warfare, so my point remains.

To be clear, you’re saying there were no irregularities and that the referenda were transparently administered?
1 month ago
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#317180
I wasn't there. But soldiers go door to door with the ballot boxes to protect the boxes from attack, they don't need to force people to vote either way. They go door to door because the mercenaries firing himas rockets etc at polling stations. During the last vote nationalists attacked a polling station in lughansk and shot 6 people dead. Your claim is that the people in that region would turn out in force to vote for their killers? That's really what you believe to be true?

All of the election monitors who were there have now been sanctioned, including 2 brits. So much for democracy
I wasn't there. But soldiers go door to door with the ballot boxes to protect the boxes from attack, they don't need to force people to vote either way. They go door to door because the mercenaries firing himas rockets etc at polling stations. During the last vote nationalists attacked a polling station in lughansk and shot 6 people dead. Your claim is that the people in that region would turn out in force to vote for their killers? That's really what you believe to be true?

All of the election monitors who were there have now been sanctioned, including 2 brits. So much for democracy


I’ve made no claim whatsoever - I simply question the legitimacy of the process.
1 month ago
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#317184
I believe the result. If you want to see Google Patrick Lancaster in kherson. He was desperately trying to get the people to say they hate zelinsky. They wouldn't. They all said the same, we want peace. But we think we have a better chance of that with Russia than Ukraine
I believe the result. If you want to see Google Patrick Lancaster in kherson. He was desperately trying to get the people to say they hate zelinsky. They wouldn't. They all said the same, we want peace. But we think we have a better chance of that with Russia than Ukraine


I don’t see peace being a consequence of this land grab, far from it.
1 month ago
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#317227
An excellent article by right-wing Dan Hodges in the Daily Mail. He says Truss has to change course or the Tory party is heading for oblivion.
1 month ago
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#317230
I thought she did rather well on BBC today-once she got a word in.

The problem here is the message delivery.

The shadow chancellor’s effort was pathetic-more tax, more tax, more tax
1 month ago
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#317234
An excellent article by right-wing Dan Hodges in the Daily Mail. He says Truss has to change course or the Tory party is heading for oblivion.


Right wing! He was a member if the Labour Party.
1 month ago
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#317236
His politics are like tumbleweed

https://en.wikipedia.org/wiki/Dan_Hodges
1 month ago
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#317239
I believe the result. If you want to see Google Patrick Lancaster in kherson. He was desperately trying to get the people to say they hate zelinsky. They wouldn't. They all said the same, we want peace. But we think we have a better chance of that with Russia than Ukraine


Do you actually believe it or do you just want to believe, like some Russian Mulder n Scully?

How do you explain turnout figures of 90+% where half the population has fled? Or in the provinces where Ukraine has part of the territory? It's just utter bollocks, they didn't even try and make it believable, like saying 70% who voted of a 60% turnout were in favour, it was an impossible 90+% of 90+%
1 month ago
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#317240
I’m lost Marko-which side are you on?
1 month ago
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#317242
I thought she did rather well on BBC today-once she got a word in.

The problem here is the message delivery.

The shadow chancellor’s effort was pathetic-more tax, more tax, more tax


Truss threw the Chancellor under a bus there!
1 month ago
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#317243
She’s right-crazy timing
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