He's At It Again...

[Uriah Heap]

That man on the Observer has written another predictable article. Big crisis blah blah blah yanks better than us blah blah blah government action blah blah blah house price falls 50% blah blah blah please save my portfolio blah blah blah

No real need to read it but here it is if you have time on your hands

http://www.guardian.co.uk/commentisfree/20...turmoil.economy

[eric pebble]

No real need to read it but here it is if you have time on your hands

http://www.guardian.co.uk/commentisfree/20...turmoil.economy

Plenty of time on my hands.............. STILL not reading his HORSESH1T............

[Paddles]

Anyone got an update on how his wife's company is doing? http://www.firstpremise.co.uk/Private/Pages/aboutFP.html

[Ponzi]

Anyone got an update on how his wife's company is doing? http://www.firstpremise.co.uk/Private/Pages/aboutFP.html

"Innovative space solutions" so the website says. That's another firm whose "solutions" will be banned from the Ponzi household.

[game over]

*****

Not ONE word on who will pay the trillions of $.

Not one word on the inflation that would be created, or sterling's new found role as loo roll

Not one word about the goal - to keep the rich banks powerful. To keep house prices high, to stop house prices correcting to a level where ordinary people can purchase.

The plan to bail will be paid for by the poor, via inflation and /or higher taxes, and will benefit the rich bankers and BTL scum.

He's supposed to be a Socialist. Woops I forgot, he has a massive vested interest.

[dr ray]

I can't find the original post where Hutton was interviewed on Newsnight but several posters on the thread complained to the BBC about VI.

Here is the reply I received.

Thank you for your e-mail.

We’re sorry if you were concerned by the interview with Will Hutton during the edition of ‘Newsnight’ broadcast on 8 September.

There are generally fairly limited circumstances were we would feel it necessary to examine the role of an interviewee’s spouse during the programme. In this case the discussion was not about the company Mr Hutton’s wife’s is involved with. Rather it was looking at the issues of intervention in the housing market in the United States and Government policy on the economy.

Mr Hutton is a well respected journalist and was there to represent a view held by many – alternative views were well represented by other guests during the programme.

Thank you again for taking the time to get in touch and for the feedback which we know the programme makers appreciated.

Regards

BBC Complaints

I would have thought his wife's financial interests were relevant to the opinions he gave but perhaps the BBC will think twice about having him on again now having received a number of complaints.

Interesting the BBC consider him a journalist not an economist!

[wonderpup]

Hutton loves poor people- he just does'nt want to be one- which may happen unless a bailout happens quick

[1929crash]

We will all be poor if action is not taken. Will Hutton is legitimately worried about the possibility of depression. You know, poverty, unemployment and so on.

[Liquid Goldfish]

We will all be poor if action is not taken. Will Hutton is legitimately worried about the possibility of depression. You know, poverty, unemployment and so on.

I actually believe this too

But realise will be laughed at

[1929crash]

I actually believe this too

But realise will be laughed at

I think some people on here view depression the same way as neocons in Washington view WW3 - a jolly bit of fun - becauae they've not experienced unemployment or poverty except vicariously through TV or cinema.

[Guest sillybear2]

If Hutton gets his way we'll get a hyperinflationary depression, that will cripple not just us, but future generations with stupid levels of debt. Very selfish.

[wonderpup]

We will all be poor if action is not taken. Will Hutton is legitimately worried about the possibility of depression. You know, poverty, unemployment and so on.

His position is not rational- house prices cannot be maintained at the current level- something is overiding his ability to accept this simple fact- in other words he is making an emotional rather than intellectual argument, which indicates to me that his motivation is deeply personal. He wants HPI, no matter what the cost.

[Patfig]

His position is not rational- house prices cannot be maintained at the current level- something is overiding his ability to accept this simple fact- in other words he is making an emotional rather than intellectual argument, which indicates to me that his motivation is deeply personal. He wants HPI, no matter what the cost.

He is a self interested tw@t just like most folks.

[1929crash]

I wonder if posters here have read the thread started by Williamdb on Saturday. He argued that we have been experincing a deflation since March of this year. Given the serious nature of deflation Hutton is right to argue for counter-action. He is not arguing for HPI.

[thecrashingisles]

I wonder if posters here have read the thread started by Williamdb on Saturday. He argued that we have been experincing a deflation since March of this year. Given the serious nature of deflation Hutton is right to argue for counter-action. He is not arguing for HPI.

Has Japanese society crumbled?

[Injin]

I think some people on here view depression the same way as neocons in Washington view WW3 - a jolly bit of fun - becauae they've not experienced unemployment or poverty except vicariously through TV or cinema.

We'll all be poor if action IS taken and for a lot longer than if the market is allowed to correct itself.

Depressions are caused by meddling.

[thedebtisreal]

I think some people on here view depression the same way as neocons in Washington view WW3 - a jolly bit of fun - becauae they've not experienced unemployment or poverty except vicariously through TV or cinema.

That's a very good comparison.

A depression must be avoided at all costs. We've gone beyond saving house prices now. All these bailouts are designed just to keep the system from collapsing.

[loon]

I think some people on here view depression the same way as neocons in Washington view WW3 - a jolly bit of fun

I do not - absolutely not.

I do wonder though, what we should do about it. My current view is that these bail-outs will delay the inevitable and prolong the agony. I am prepared to be convinced otherwise, and this is why I have a problem with Will Hutton.

He appears on Newsnight with the tag "The Work Foundation", and has widely pontificated his views in books and articles. He's passionate, and argues well. It sounds good. Then I find out from HPC.co.uk that he stands to benefit in no small way from some of the very actions he advocates!

This whole thing smells. And I'm annoyed that Newsnight did not even broach the conflict of interest angle.

[loon]

I can't find the original post where Hutton was interviewed on Newsnight but several posters on the thread complained to the BBC about VI.

Here is the reply I received.

[snip]

Exact same reply I received. I'm working on a follow-up - will post more later.