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Brown Goes Full Circle

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Guest มร หล&#3

Not sure if this has already been posted.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Brown, prime minister since 2007, is leaving the next government -- either his own or one led by the Conservatives -- a mess worse than the one he inherited.

Standard & Poor’s yesterday highlighted the task facing the next finance chief, saying it may cut Britain’s AAA credit rating for the first time as debt heads to 100 percent of gross domestic product amid the worst recession since World War II.

How does this government hold on?

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Guest มร หล&#3
Hi Mr P

Mike

Hello Mush,

Just back from the Mekong River. It's hot.

Cheers

Mike

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Not sure if this has already been posted.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Brown, prime minister since 2007, is leaving the next government -- either his own or one led by the Conservatives -- a mess worse than the one he inherited.

Standard & Poor’s yesterday highlighted the task facing the next finance chief, saying it may cut Britain’s AAA credit rating for the first time as debt heads to 100 percent of gross domestic product amid the worst recession since World War II.

How does this government hold on?

Strangely it is the culture of Labour to stick to their own through thick and thin, defend the indefensible, and support the party faithfull. They have no consideration for the public they purport to represent, their will is to support one another and bleed the nation whatever the cost.

For me I am liking the current situation. Not least because finally Labour are revealing themselves to be the poeple I suspected from day one in 1997 the people they are.

I hate Labour and always have done. They have ruined the nation going back decades and when they won the elections in 97 I decided there and then that it was time to leave the UK as Labour have always been hostile to the working classes and brown nosed the rich and the famous.

My message to Labour is rot in hell, and even that would be far too good for a pack of thieveing lying toads.

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Hello Mush,

Just back from the Mekong River. It's hot.

Cheers

Mike

Nice.

“We have gone full circle,” said Danny Gabay, director of Fathom Financial Consulting in London and a former Bank of England economist. “Like then, there was a massive collapse in the fiscal position. Whoever is in government won’t have the luxury of waiting because the situation is pressing.”

Danny Gabay, I wonder what he knows about the destruction of jobs and industry during a central bank money-fest.

Probably nothing.

The fiscal position is only half of it, and the least damaging part long term..

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With the economy shrinking, tax revenue is crumbling and the deficit ballooning. The government says debt may total 1.4 trillion pounds by 2014 from about 600 million pounds last year.

Doomberg don't know their millions from their billions. This should say billions, the national debt was £0.6 trillion last year. Actually it wasn't even close to this figure:

At the end of December 2008, general government debt was £750.3 billion, equivalent to 52.0 per cent of GDP.

http://www.statistics.gov.uk/cci/nugget.asp?ID=277

Do we really only spend 3% on debt interest? that sounds like a load of ****** to me.

Edited by chefdave

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Strangely it is the culture of Labour to stick to their own through thick and thin, defend the indefensible, and support the party faithfull. They have no consideration for the public they purport to represent, their will is to support one another and bleed the nation whatever the cost.

For me I am liking the current situation. Not least because finally Labour are revealing themselves to be the poeple I suspected from day one in 1997 the people they are.

I hate Labour and always have done. They have ruined the nation going back decades and when they won the elections in 97 I decided there and then that it was time to leave the UK as Labour have always been hostile to the working classes and brown nosed the rich and the famous.

My message to Labour is rot in hell, and even that would be far too good for a pack of thieveing lying toads.

The view is the same for those of us still in the UK. This time Labour have done so much harm I will probably die of old age before the country can recover from them. I wish I could think of a stronger word than hate to describe my feelings for them.

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Guest มร หล&#3
Mr P

Whats Tax like over there?

Any good driving roads?

Mike

Roads Mikey, are either mirror smooth, bumpy or Grand Canyon size potholed. In fact, many roads round here are just one big pothole. Dimensions and shape change each time it rains.

Tax, zero.

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Guest มร หล&#3
The view is the same for those of us still in the UK. This time Labour have done so much harm I will probably die of old age before the country can recover from them. I wish I could think of a stronger word than hate to describe my feelings for them.

I know I get the hump sometimes and bu$$er off, but the reason I like to post here, other than enjoying your company, is I'm a result of HPI. I first came to this site because I wanted to buy a house and realistically couldn't afford it. Even though my earnings went 5x in that time, I still couldn't afford it.

This forced me out. I could take no more. I wanted to see the kid come home from school in the afternoon, I wanted walls to paint, flowers to plant, a view of anything but contaminated soil spoil heaps from a bunkabin door.

That's the reason I'm an expat. I love the UK and it's people. Just look at you lot, you're great. I just felt that government did not want me, as a bloody hard working bloke to do anything other than throw my hard earned at the undeserved whilst I suffered.

Your bit in bold = Me Too!

Edited by มร หลบเลี่ยง

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Strangely it is the culture of Labour to stick to their own through thick and thin, defend the indefensible, and support the party faithfull. They have no consideration for the public they purport to represent, their will is to support one another and bleed the nation whatever the cost.

For me I am liking the current situation. Not least because finally Labour are revealing themselves to be the poeple I suspected from day one in 1997 the people they are.

I hate Labour and always have done. They have ruined the nation going back decades and when they won the elections in 97 I decided there and then that it was time to leave the UK as Labour have always been hostile to the working classes and brown nosed the rich and the famous.

My message to Labour is rot in hell, and even that would be far too good for a pack of thieveing lying toads.

Not much changed from the Tory years 1979 - 1997 . Early 80's horrendous recession , 3 million unemployed , multi city riots , miner's strike , Falklands war . Early 90' s recession , high interest rates , poll tax riots , black wednesday and Tory sleaze ( shagging anything in a skirt or trousers ) . Politicians of all colours , I SHIT THEM .

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Not much changed from the Tory years 1979 - 1997 . Early 80's horrendous recession , 3 million unemployed , multi city riots , miner's strike , Falklands war . Early 90' s recession , high interest rates , poll tax riots , black wednesday and Tory sleaze ( shagging anything in a skirt or trousers ) . Politicians of all colours , I SHIT THEM .

I have to say in part I agree with you. The Tories did let us down big time, however they did recover and lead us out of recession and into the black.

Labour have totally eclipsed the Tories in the field of sleeze, corruption, fraud, dishonesty, in fact Labour have acutally passed laws to protect themselves from the public and that speaks volumes.

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How does this government hold on?

I think you completely misunderstand the problem.

They are in power until the general election next year.... there is no "holding on".

Once your in power you can do what you like until the next general election.

They can't loose power, they can't be thrown out.

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Guest มร หล&#3
I think you completely misunderstand the problem.

They are in power until the general election next year.... there is no "holding on".

Once your in power you can do what you like until the next general election.

They can't loose power, they can't be thrown out.

But who'd want to stay in a job like that?

Why bother?

Move on.

:huh:

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I think you completely misunderstand the problem.

They are in power until the general election next year.... there is no "holding on".

Once your in power you can do what you like until the next general election.

They can't loose power, they can't be thrown out.

That is what pisses me off. Stupid system.

Do what they like?. Even when it's dumb or unethical?

They gots too much power.

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