What Everyone Should Know

[CommonSense]

Different this time my @ss.

[bubbleturbo]

Yeah.

Those comments from Mervyn have really cheered me up. I bet the VI's are livid.

All these people who have been spinning the rate cuts could lose a fair amount of credibility with the greatest fools who have bought on the basis rates will be lower within a few months.

[E Powell]

As you are aware there are 5 economists and 4 non economists on the MPC. The 4 fools are

extremely pro bling. Their personnel remit is to ensure GB is in power by 2008. Soon 1 of the

economists will be replaced by another fool an academic who has had his head in textbooks

for the last 30 years. IRs have been fiddled to help the masses and to keep this regime in

power.

[Property Dreamer]

I don't think Chemical Gordon will get the Prefects job before the entire ediface crashes down around his ears and his time to 'fess up will have arrived.

[Guest growl]

As you are aware there are 5 economists and 4 non economists on the MPC. The 4 fools are

extremely pro bling. Their personnel remit is to ensure GB is in power by 2008.

Oh I think it will be much sooner than that. Watched question time today and throughout Brown was looking at Blair in what I can only describe as love and awe. He was positively glowing. You would think it was several years ago at the beginning of the boom, with brilliant economic news. Not the dire stuff that abounds.

He been promised the top job before the end of 2006 I reckon.

[zorn]

As you are aware there are 5 economists and 4 non economists on the MPC. The 4 fools are

extremely pro bling. Their personnel remit is to ensure GB is in power by 2008. Soon 1 of the

economists will be replaced by another fool an academic who has had his head in textbooks

for the last 30 years. IRs have been fiddled to help the masses and to keep this regime in

power.

There are, at most, three non-economists on the MPC (Andrew Large, Paul Tucker and Richard Lambert). Furthermore, your argument is not helped by the fact that two of the three non-economists were among those who voted against the most recent rate cut, while four of the six economists voted in favour. In other words, you're barking.

[bubbleturbo]

Indeed.

Some people here speculated that they thought Mervyn voting against may have been to send out a signal to the markets as he casts his vote last knowing in the August drop instance, what the outcome would be regardless of his vote.

They (him) seem to be getting more and more spooked as the weeks go on. I would be very surprised if we have a cut before X-mas and the minutes should make interesting reading, especially if some start voting for a rise.

It seems that some of the media are burrying their heads in the sand and a lot more than some of the members here.

How did it go. . . . . . . . something about "Debt is real"

Edited October 12, 2005 by BubbleTurbo

[frugalista]

How did it go. . . . . . . . something about "Debt is real"

I think it was "asset prices are a matter of opinion ... but debt is real"

The comment, which Mr King made in August 2004, was the turning point for me.

frugalista