pandora's box Posted January 28, 2011 Share Posted January 28, 2011 (edited) Plan A failed and Mervyn King can't deliver on plan B. The GDP data release for the fourth quarter of 2011 has got the government and its supporters rattled. At PMQs yesterday, George Osborne looked dishevelled and seemed out if it; shocked, presumably, from the shellacking he has been getting from the media -- and Ed Balls -- for his reckless and failing austerity policies. His response that this was all down to the weather is absurd. New Statesman Edited January 28, 2011 by pandora's box Quote Link to comment Share on other sites More sharing options...
Guest UK Debt Slave Posted January 28, 2011 Share Posted January 28, 2011 Plan A failed and Mervyn King can't deliver on plan B. The GDP data release for the fourth quarter of 2011 has got the government and its supporters rattled. At PMQs yesterday, George Osborne looked dishevelled and seemed out if it; shocked, presumably, from the shellacking he has been getting from the media -- and Ed Balls -- for his reckless and failing austerity policies. His response that this was all down to the weather is absurd. Relax It's all theatre Politics is bullzhit, endof and amen Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 Relax It's all theatre Politics is bullzhit, endof and amen It is, but must it always be? Imagine if someone with genuine vision and humanity came to power and succeeded. It's not impossible. Quote Link to comment Share on other sites More sharing options...
ralphmalph Posted January 28, 2011 Share Posted January 28, 2011 It is, but must it always be? Imagine if someone with genuine vision and humanity came to power and succeeded. It's not impossible. Like who? Quote Link to comment Share on other sites More sharing options...
Harry Monk Posted January 28, 2011 Share Posted January 28, 2011 It is, but must it always be? Imagine if someone with genuine vision and humanity came to power and succeeded. It's not impossible. This would require one of the niche parties to be elected, and the electorate are too terrified about being labelled as "racist" to vote for one of them. Quote Link to comment Share on other sites More sharing options...
Charlie The Tramp Returns Posted January 28, 2011 Share Posted January 28, 2011 What is about to happen will terrify the populace it will be like a bolting horse running out of control. Dave, Nick, and George are Sixth Formers trying to do the Headmasters job. Quote Link to comment Share on other sites More sharing options...
tim123 Posted January 28, 2011 Share Posted January 28, 2011 Plan A failed and Mervyn King can't deliver on plan B. The GDP data release for the fourth quarter of 2011 has got the government and its supporters rattled. At PMQs yesterday, George Osborne looked dishevelled and seemed out if it; shocked, presumably, from the shellacking he has been getting from the media -- and Ed Balls -- for his reckless and failing austerity policies. His response that this was all down to the weather is absurd. Yep. Can't say that I agree that it's the Tories fault though. This was going to happen whoever was in charge. If it was that moron GB we would have been even deeper in the poo by now. Dave was a fool to accept the poisoned chalice in the first place, IMHO tim Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 Like who? I don't know. But if ever their time had come, now is the time. Quote Link to comment Share on other sites More sharing options...
ralphmalph Posted January 28, 2011 Share Posted January 28, 2011 I don't know. But if ever their time had come, now is the time. Arnie if full Terminator Gear. Quote Link to comment Share on other sites More sharing options...
cool_hand Posted January 28, 2011 Share Posted January 28, 2011 Article is written by the deluded David Blanchflower. Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 Article is written by the deluded David Blanchflower. Did you decide on the term deluded before or after you read his article? Quote Link to comment Share on other sites More sharing options...
jammo Posted January 28, 2011 Share Posted January 28, 2011 Yep. Can't say that I agree that it's the Tories fault though. This was going to happen whoever was in charge. If it was that moron GB we would have been even deeper in the poo by now. Dave was a fool to accept the poisoned chalice in the first place, IMHO tim Wouldn't it be nice if the deficit/surplus built up by one administration is frozen until they come back into power - it would certainly make them behave better wouldn't it. Of course it's an impossiblity to introduce (until at least the slate is zeroed?). I did think about this when the chalice was being handed over - it is totally unfair to be handed over such a mess. I remember ever at the time it was handed over, Labour making glib remarks about the cupboard being bare - and an extra unnecessary splurge being hurriedly undertaken at the last minute just to maximize the damage done. Insidious and underhanded it was. They rely on people's fickle nature and general ignorance. Of course - if such a system were ever implemented, Labour would start to behave like those rogue traders, who simply go bankrupt and start up under a new name each time Quote Link to comment Share on other sites More sharing options...
South Lorne Posted January 28, 2011 Share Posted January 28, 2011 Relax It's all theatre Politics is bullzhit, endof and amen ..especially the New Statesman....stately indeed...... Quote Link to comment Share on other sites More sharing options...
newbonic Posted January 28, 2011 Share Posted January 28, 2011 ... Of course - if such a system were ever implemented, Labour would start to behave like those rogue traders, who simply go bankrupt and start up under a new name each time Well they sort of did that anyway; left the economy in tatters in 1979, re-branded themselves as New Labour in 1997 to get in. 2015 we'll see New New Labour. Quote Link to comment Share on other sites More sharing options...
Berk-hater Posted January 28, 2011 Share Posted January 28, 2011 (edited) "Wouldn't it be nice if the deficit/surplus built up by one administration is frozen until they come back into power - it would certainly make them behave better wouldn't it." It's a nice idea, but it's the electorate that's to blame. They kept voting for the cash machine whilst ignoring the fact that the massive growing bill was going to have to be paid out of their account. Now that the bill has to be paid they've voted to for a different bank manager and expect that to make a difference. Edited January 28, 2011 by tommyweaves Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 It's a nice idea, but it's the electorate that's to blame. They kept voting for the cash machine whilst ignoring the fact that the massive growing bill was going to have to be paid out of their account. If you're going to apportion blame, try to think it through first. Quote Link to comment Share on other sites More sharing options...
mentholist Posted January 28, 2011 Share Posted January 28, 2011 This makes me laugh. It's like watching the captain of the titanic complaining that he doesn't like the music the band are playing as the ship he ploughed into an iceberg begins to sink. SS Britannia is holed below the water line and will sink, Bailing out won't work and neither can the damage be repaired. Blaming Osbourne for trying to slow the sinking is quite quite laughable. Spending money we don't have on an economy that can't exist without magic money is doomed. Pretending that it isn't ala Mr Balls doesn't make it less true. Quote Link to comment Share on other sites More sharing options...
Charlie The Tramp Returns Posted January 28, 2011 Share Posted January 28, 2011 They kept voting for the cash machine whilst ignoring the fact that the massive growing bill was going to have to be paid out of their account. In 2010 ONE MILLION CCJs were issued by County Courts and the best job today is a Bailiff. Well they sort of did that anyway; left the economy in tatters in 1979 You must start from 1970 with a far deeper analysis of the economy for the whole decade. Quote Link to comment Share on other sites More sharing options...
gf3 Posted January 28, 2011 Share Posted January 28, 2011 I never liked the torys but feel now they are better than labour I feel very let down by them. But the only thing I know about George Osborne is he thought we should be following the Irish example Look and learn from across the Irish Sea OK so he doesn't believe in that any more but what dose he believe? his video profile is hardly informative http://www.conservatives.com/People/Members_of_Parliament/Osborne_George.aspx Quote Link to comment Share on other sites More sharing options...
Blod Posted January 28, 2011 Share Posted January 28, 2011 Of course - if such a system were ever implemented, Labour would start to behave like those rogue traders, who simply go bankrupt and start up under a new name each time Politically wasn't that the point of Kinnock being followed by Blair and the New Labour project. Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 SS Britannia is holed below the water line and will sink, Bailing out won't work and neither can the damage be repaired. Is that so? If the game is 'devil take the hindmost', your analogy may be faulty. Quote Link to comment Share on other sites More sharing options...
copydude Posted January 28, 2011 Share Posted January 28, 2011 I think the judgement by the OP is a little harsh, No one could predict the crisis. No experts could see it coming. And if the numbers at present are disturbing, they will be unexpected. But . . there is no need for alarm, because the projections for 2016 may have to revised, but not until 2018 - and then in 2022 Greece will repay its debt and the Winter Heating Allowance will no longer be paid and then people will not retire until they are 75. Ireland will return to growth in 2056, boosting Northern Ireland and obviously depressed areas like Liverpool. By 2060, tuition fee paying students will owe the country more than it needs in taxes. So, it will all come right on the night. The short term is fine because we will sell the New Forest, Dover and Dame Vera Lynn. Honestly, some people panic over nothing. Quote Link to comment Share on other sites More sharing options...
Guest UK Debt Slave Posted January 28, 2011 Share Posted January 28, 2011 You must start from 1970 with a far deeper analysis of the economy for the whole decade. We could go back to 1694 to study the origins of this nation's woes How long is a piece of string The overriding common denominator is the rich and powerful have always run Britain for themselves, not for the bovine proles. It's ALWAYS been the same, certainly during my 46 years on this planet. There are 2 nations in this country 1. The City of London 2. Everywhere else Basically, the UK is an investment club for powerful financial interests. To hell with everyone else! Quote Link to comment Share on other sites More sharing options...
Charlie The Tramp Returns Posted January 28, 2011 Share Posted January 28, 2011 No one could predict the crisis. This Forum did in 2005 after the MPC`s disastrous rate cut backed up by facts and figures by the old and great posters who were branded doom mongers and mentally defective by some of the Media. Quote Link to comment Share on other sites More sharing options...
pandora's box Posted January 28, 2011 Author Share Posted January 28, 2011 We could go back to 1694 to study the origins of this nation's woes How long is a piece of string The overriding common denominator is the rich and powerful have always run Britain for themselves, not for the bovine proles. It's ALWAYS been the same, certainly during my 46 years on this planet. There are 2 nations in this country 1. The City of London 2. Everywhere else Basically, the UK is an investment club for powerful financial interests. To hell with everyone else! Spot on, and I would love to read a convincing counterpoint. Quote Link to comment Share on other sites More sharing options...
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