Butthead Posted September 30, 2012 Share Posted September 30, 2012 Couldn't see a thread today on this, the policy or the man. Ed has clearly had a busy summer. He was on Andrew Marr this morning talking about splitting up the banks. Not especially interested in the plan itself, what caught my eye was how much he's now immitating Tony Blair! Lots of: "You know, <insincere grin>, blah blah..." "Im-paww-tent" Interlocked fingers with upward pointing thumbs. etc. Take a look: http://www.bbc.co.uk/news/uk-politics-19775686 Quote Link to comment Share on other sites More sharing options...
Spork of Damocles Posted September 30, 2012 Share Posted September 30, 2012 Probably using the same media trainers as Blair and Cameron (although Cameron probably learned that stuff on the job in his old career). It's probably not a great idea to be too close to those two given that all he has to do is keep his nose clean and not remind people he's from the same party that built up a mahoosive debt bubble that will probably bring down Cameron's government. Quote Link to comment Share on other sites More sharing options...
winkie Posted September 30, 2012 Share Posted September 30, 2012 Labour had their chance and they made a right pigs ear of it.....any trust has evaporated, there is nothing there to prove otherwise...all hot air and empty promises.....waste of time. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 30, 2012 Share Posted September 30, 2012 He keeps repeating "millionaires, millionaires, millionaires" . And, as my wife says, he looks like a budgie . Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted September 30, 2012 Share Posted September 30, 2012 Better get used to it, he's most likely the next PM. On the bank splitting things, I actually agree with him so long as it applies to all banks operating in the country and their worldwide subsidiaries. E.g. if Citi wants to operate retail banking in the UK then it can't also operate investment banking elsewhere. The point that the stupid muppet is wilfully ignoring, of course, is that out of all the bank failures in the UK over the last few years, only one (RBS) could be said to be partly down to losses in an investment banking division (toxic crud bought with the ABN aquisition). A&L, B&B, HBOS and Northern Rock all failed for the boring old reason of lending money to people who couldn't repay it. If he was serious about preventing a re-occurrence of that, as opposed to just jumping on a bandwagon, he'd be talking about placing hard limits on mortgage lending (commercial and residential) too. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted September 30, 2012 Share Posted September 30, 2012 Blair's tongue was honed to perfection in the courtroom, where he was of course paid explicitly to spin stories. Has Miliband got that "sincerity" gesture where he holds the (right) hand up, open palm facing forward towards the camera/audience? The one that was a favourite of Blair and Bin Laden? Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted September 30, 2012 Share Posted September 30, 2012 He keeps repeating "millionaires, millionaires, millionaires" . He'd be referring to himself then: http://www.guardian.co.uk/commentisfree/2010/oct/09/ed-miliband-journalists-in-glass-houses Skipping through the property pages of the Evening Standard on Wednesday I came across a piece about Ed Miliband and his house. It was easily the most interesting thing I've read about him; it held my attention for most of the tube journey. Underneath the headline "Mint it like the Milibands", it recounted how the Labour leader had used the laws of property and inheritance to "pave his way to an impressive home in a sought-after location in north London, now believed to be worth £1.6m." Quote Link to comment Share on other sites More sharing options...
billybong Posted September 30, 2012 Share Posted September 30, 2012 (edited) "What I want is a country where a small business and an individual going into their High Street bank knows that that bank is working for them, not gambling with their money on the international markets. That doesn't happen at the moment. Good luck with that one but it looks more like a case of dream on. He puts it as if he's just discovered a completely new problem, one that's not been around for decades maybe even centuries. Promises promises. Of course it's the Labour Conference next week so likely they'll all swallow it hook line and sinker with loud applause. Edited September 30, 2012 by billybong Quote Link to comment Share on other sites More sharing options...
porca misèria Posted September 30, 2012 Share Posted September 30, 2012 Better get used to it, he's most likely the next PM. You think Balls would let that happen? Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted September 30, 2012 Share Posted September 30, 2012 He keeps repeating "millionaires, millionaires, millionaires" . And, as my wife says, he looks like a budgie . This time next year, Rodders! At least he's had 2 years to clear out the shit on his own doorstep http://order-order.com/2010/10/11/shadow-cabinet-of-millionaires/ #notoneofus Quote Link to comment Share on other sites More sharing options...
davidg Posted September 30, 2012 Share Posted September 30, 2012 A&L, B&B, HBOS and Northern Rock all failed for the boring old reason of lending money to people who couldn't repay it Northern Rock failed because they borrowed short and lent long and got their sums wrong. When the cost of short money went up during the credit crunch they couldn't roll-over their loans at a rate to let them continue trading. At that point the bank should have been either sold or wound up and the principals sacked. Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted September 30, 2012 Share Posted September 30, 2012 You think Balls would let that happen? He has no choice - the chances of him deposing Milliband as leader in the next 2 years are basically zero. I would expect him to follow the pattern set by Brown once in office as chancellor. Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted September 30, 2012 Share Posted September 30, 2012 Northern Rock failed because they borrowed short and lent long and got their sums wrong. When the cost of short money went up during the credit crunch they couldn't roll-over their loans at a rate to let them continue trading. At that point the bank should have been either sold or wound up and the principals sacked. And the reason that no-one was prepared to keep lending short to them was that they were watching their mortgage default rates rise to the point where they didn't think they'd get their money back if they did. I don't recall any of the principles keeping their jobs and I don't notice them making any new loans, so I'm not entirely sure what point you're trying to make there... Quote Link to comment Share on other sites More sharing options...
righttoleech Posted September 30, 2012 Share Posted September 30, 2012 He keeps repeating "millionaires, millionaires, millionaires" . And, as my wife says, he looks like a budgie . ......yes......but even poorer was his misinterpretation of the top rate cut from 50% to 45%. He said that 'millionaires' were to receive cheques for £50,000......or did he say £40,000? from Cameron. Marr picked him up on this saying 'Cameron would not actually write the cheques. To my mind a 'millionaire' is a person with assets of £1m. This could be the owner of a modest house or flat in an expensive part of London. Milliband's socialist dwelling in Primrose Hill is worth significantly more than the magic figure with six zeros. Only those with an income of £1m in the tax year will save the amount millipede was on about. Populist claptrap......and the parroting of Blair's 'you know' estuary english makes me reach. Quote Link to comment Share on other sites More sharing options...
The Spaniard Posted September 30, 2012 Share Posted September 30, 2012 So, Ed Miliband is promoting something very much like the US 1933 Glass-Steagall Act - very sensible as far as it goes and a significant step away from the present lunacy, but hardly revolutionary. http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act However, BBC front man Andrew Marr reacts axiously to Ed's idea as "... something that radical..." As the Self-Righteous brothers might say: "Oi! Marr - NO, that is not radical." The brothers are critical also of other media celebrities: BTW, this is radical: http://www.positivemoney.org.uk Quote Link to comment Share on other sites More sharing options...
winkie Posted September 30, 2012 Share Posted September 30, 2012 I couldn't care less what house they lived in, when they bought it or where it is situated ....all I care about is what the rest have to live in, and the costs associated with living in it along with the rise in other basic necessary costs....Labour was the party that allowed the property boom to continue beyond the means of most working people....I am sure most of them built up their own personal portfolios to the detriment of the many, then plead poverty and righteousness. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted September 30, 2012 Share Posted September 30, 2012 He has no choice - the chances of him deposing Milliband as leader in the next 2 years are basically zero. Exactly. That's why he needs Labour to lose the next election and precipitate a new leadership contest. Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 30, 2012 Share Posted September 30, 2012 there seems to be a revisionist view in the tories that the 1992 general election was a bad result for them I think Ed M would be a despised PM, if he got in Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 30, 2012 Share Posted September 30, 2012 "You know, <insincere grin>, blah blah..." "Im-paww-tent" Interlocked fingers with upward pointing thumbs. etc. Take a look: http://www.bbc.co.uk...litics-19775686 looks like he's trying quite hard still not convinced Labour's secret weapon could be either Liam Byrne or Andy Burnham - both pretty convincing speakers - would put the sh*ts up the tories but still not Ed M Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted September 30, 2012 Share Posted September 30, 2012 Labour's secret weapon could be either Liam Byrne or Andy Burnham - both pretty convincing speakers - would put the sh*ts up the tories Liam "sorry we pissed all the money away" Byrne or Andy "actually I spent mine on mascara" Burnham? I don't think either of them are Labour's best hope. Quote Link to comment Share on other sites More sharing options...
oracle Posted September 30, 2012 Share Posted September 30, 2012 (edited) Couldn't see a thread today on this, the policy or the man. Ed has clearly had a busy summer. He was on Andrew Marr this morning talking about splitting up the banks. Not especially interested in the plan itself, what caught my eye was how much he's now immitating Tony Blair! Lots of: "You know, <insincere grin>, blah blah..." "Im-paww-tent" Interlocked fingers with upward pointing thumbs. etc. Take a look: http://www.bbc.co.uk/news/uk-politics-19775686 he's not imitating blair and cameron at all. blair was the evil estate agent/used car saleman....would sell his own granny to get a deal.(in fact I would say he's already got a wager with bealzebub which is going to come due sometime soon) cameron is just out of touch with the little people. milliband is still suck in the student union debating society,figuring out he knows how to solve all the worlds ills because he read it in the textbooks(that strangely enough some marxists wrote 100 years ago and have now been proven to be a complete failure(ask the soviets....if life was that good under communism then why did his parents come here?).....but he would still like to think of his own(indoctrinated) musings as groundbreaking and original. Edited September 30, 2012 by oracle Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 30, 2012 Share Posted September 30, 2012 looks like he's trying quite hard still not convinced Labour's secret weapon could be either Liam Byrne or Andy Burnham - both pretty convincing speakers - would put the sh*ts up the tories but still not Ed M Liam Byrne. The most odious of the lot, there are not enough adjectives to describe him. Quote Link to comment Share on other sites More sharing options...
gf3 Posted September 30, 2012 Share Posted September 30, 2012 One of the things that gets me with the Tory's It seems to me that as soon as Osborne got into no11 he cut the tax's for people that earn over £500,000 a year. Although it could be argued that paying 50% in tax is to much I think there should have been more pressing things to do before helping out his rich mates. Ed,M said this would go straight back up if he got into power. Gordon Brown was the captain that drove the ship in to the iceberg. George Osborne is the purser that locked the poor down below where they would be first to go. Quote Link to comment Share on other sites More sharing options...
oracle Posted September 30, 2012 Share Posted September 30, 2012 (edited) Blair's tongue was honed to perfection in the courtroom, where he was of course paid explicitly to spin stories. Has Miliband got that "sincerity" gesture where he holds the (right) hand up, open palm facing forward towards the camera/audience? The one that was a favourite of Blair and Bin Laden? I don't doubt the the guys sincerity. ..well meaning but crassly incompetent and naive....basically sums them up. ...and the more ****-ups they make,the more oppressive tactics they have to use to stifle dissent/hide the problems. winston churchill summed them up very succinctly. blair was different...he really was on a mission to feck the country up.....and payback beckons(all his mates are falling like dominoes...so he's on the shortlist). so says god! Edited September 30, 2012 by oracle Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 30, 2012 Share Posted September 30, 2012 Liam "sorry we pissed all the money away" Byrne or Andy "actually I spent mine on mascara" Burnham? I don't think either of them are Labour's best hope. Blair - changed the labour constitution Cameron - bullingdon boy Ed M - moneyed toff champagne socialist with a bad semi-plummy accent can't get much worse Quote Link to comment Share on other sites More sharing options...
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