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Dave: I Want Interest Rates To Stay At Rock Bottom Forever


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How about this as a result for next year's general election.

Labour win the most seats but way short of a majority. Miliband resigns and is replaced by someone to the left of Joe Stalin.

LibDems all but wiped out, Clegg loses his seat.

Conservatives come second but do a deal with UKIP to form a coalition. Cameron resigns. Farage becomes PM, appoints free market Tories to his cabinet and agrees to hold an in/out referendum on Europe.

So 250 Tory MPs will put Farage into No 10? I think not.... Minority Tory gov propped up by UKIP and various nutters from NI on an issue by issue basis results in a descent into gratuitous populism of the worst sort. Not a single hard decision made and more faux austerity.....

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So 250 Tory MPs will put Farage into No 10? I think not.... Minority Tory gov propped up by UKIP and various nutters from NI on an issue by issue basis results in a descent into gratuitous populism of the worst sort. Not a single hard decision made and more faux austerity.....

Ah, strong resistance, mention of nutters, could be a goer then :D.

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How about this as a result for next year's general election.

Labour win the most seats but way short of a majority. Miliband resigns and is replaced by someone to the left of Joe Stalin.

LibDems all but wiped out, Clegg loses his seat.

Conservatives come second but do a deal with UKIP to form a coalition. Cameron resigns. Farage becomes PM, appoints free market Tories to his cabinet and agrees to hold an in/out referendum on Europe.

And then you woke up?

With damp pyjamas?

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Ah, strong resistance, mention of nutters, could be a goer then :D.

Please re-read my post. UKIPers were not referred to as nutters, only my countrymen from Ireland. The likelihood of Farage residing in no 10 next June is somewhat unlikely. A minority gov of any shade is unlikely to take unpopular decisions.

Lose the UKIP persecution complex....

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Please re-read my post. UKIPers were not referred to as nutters, only my countrymen from Ireland. The likelihood of Farage residing in no 10 next June is somewhat unlikely. A minority gov of any shade is unlikely to take unpopular decisions.

Lose the UKIP persecution complex....

My reply was tongue in cheek. If I remember correctly, you recently said that you will not only be voting UKIP but campaigning for them :). Yes, Farage in No 10 next June is unlikely, a coalition including UKIP somewhat less so.

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But he can - run a large current account surplus, have little (>30% national debt/GDP) and a surplus budget and you can pretty much give money away for free.

However, run a large current account deficit, have a large and rapidly increasing national debt, and run a large budget deficit and you'll find you are at the mercy of your creditors.

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Isn't that what we have, with a dose of Lib Dem thrown in for good measure?

Yesr true enough. When the Tory's raised the tax fresh hold from £6500 to £10,000 I had to conclude the Tory's were more left wing than Labour.

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Why? Isn't paying tax a left wing ideal?

Rightly or wrongly I felt that left wing supported the under dog. The move from £6,500 to £10,000 has been one of the biggest moves that has helped the low paid workers I have seen. In my mind they are the under dogs.

I believe in the welfare system as a safety net. But a welfare system where people on welfare have more money than people that work is beyond stupidity as far as I am concerned.

We still have a tax system where for work no tax up to ££10,000 and 50% after. For spiv's no CGT up to £11,000 and 28% after.

We really are run by the rich for the rich.

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Dave: I Want Interest Rates To Stay At Rock Bottom Forever

---

Does anyone think it was a Freudian slip? The same way he accidentally let slip that the Queen "purred" when he told her about the outcome of the Scottish vote?

I am looking for a video on youtube of when David Cameron commented about interest rates without luck. It would be nice to see his facial expression and body language.

Queen "purred" 11secs in

Edited by 200p
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I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say?

Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"?

If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust.

It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.

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I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say?

Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"?

If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust.

It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.

he should tell the truth. He should weigh up the pros and cons of the truth.

Instead, he says, like ALL politicians, what they think will earn them an extra vote.

Its the central weakness of Democracy...

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If only Mr Cameron and the Conservatives hadn't lied about going to introduce really responsible policies as they promised to do before the 2010 general election then the UK wouldn't be in such a terrible state (worse even than with the devastator Mr Brown) with the debt doubled, even crazier house prices, Help to Buy and false GDP etc etc etc. That would have been a government keeping its word and maybe even worth voting for (not to mention the LibDem lies as well of course).

Then he wouldn't have needed to rely on talking about wanting low interest rates forever.

Edited by billybong
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I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say?

Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"?

If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust.

It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.

I think you'll find the general criticism of the current Conservative leadership, on these forums, is that they have abandoned right wing free market economics,

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honestly, what is Cameron supposed to say?

How about: "Interest rates should be determined by market forces, namely the supply and demand for credit. Every time a politician picks a winner by meddling with interest rates they also pick a loser elsewhere."

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If only Mr Cameron and the Conservatives hadn't lied about going to introduce really responsible policies as they promised to do before the 2010 general election then the UK wouldn't be in such a terrible state with the debt doubled, even crazier house prices, Help to Buy and false GDP etc etc etc. That would have been a government keeping its word and maybe even worth voting for (not to mention the LibDem lies as well of course).

Then he wouldn't have needed to rely on talking about wanting low interest rates forever.

Yes, exactly. I am generally the most loony of left-wing voters but there was a point at which I was seriously considering voting for Osborne because he had started to sort out our dysfunctional economy. They had a planning minister in who was making the right noises about the housing crisis. They were starting to reform the welfare system - I'm a socialist but I do not believe in paying billions to London landlords while pretending you're 'helping' single mothers. The benefit cap and even the bedroom tax were fine by me.

Instead they (pretty much literally) decided to go for broke. The debt and the deficit are still massive, house prices are still insane, and we still pay out billions in in-work benefits. Call me old-fashioned, but if you're working you shouldn't need benefits.

They seemed to be doing something right, even if they seemingly couldn't stop themselves from privatising everything. But Help to Buy was the point at which the Conservative party lost me. A government elected to sort out banking and sort out the economy and all they've done is continue to fiddle the figures and throw billions at their mates.

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Yes, exactly. I am generally the most loony of left-wing voters but there was a point at which I was seriously considering voting for Osborne because he had started to sort out our dysfunctional economy. They had a planning minister in who was making the right noises about the housing crisis. They were starting to reform the welfare system - I'm a socialist but I do not believe in paying billions to London landlords while pretending you're 'helping' single mothers. The benefit cap and even the bedroom tax were fine by me.

Instead they (pretty much literally) decided to go for broke. The debt and the deficit are still massive, house prices are still insane, and we still pay out billions in in-work benefits. Call me old-fashioned, but if you're working you shouldn't need benefits.

They seemed to be doing something right, even if they seemingly couldn't stop themselves from privatising everything. But Help to Buy was the point at which the Conservative party lost me. A government elected to sort out banking and sort out the economy and all they've done is continue to fiddle the figures and throw billions at their mates.

I felt that the Tories were always going to fail....for the simple reason they kept their mouth virtually shut when they were in opposition.

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HTB was the final straw for me. Using taxpayers money to bail out a market that had clearly got out of hand by creating an institution similar to the ones (Fannie Mae and Freddie Mac) that had crated the whole problem in the USA was a disgrace.

The moral hazard in the property market is huge now.......most people believe that the govt will bail them out of whatever ludicrous price they pay for a house.

Cameron should have said that he understood that rising interest rates would put many people under pressure, that he hoped they wouldn't rise before real wages began to increase to absorb some of the pressure (could have waffled on about the economy growing etc.) but then observed that when taking on a 25 year obligation people should do a bit more than jus look at current interest rates.

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I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say?

Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"?

If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust.

It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.

Gidiot continued with Labours/Balls spending plans despite claiming we are in times of austerity.

Id sooner Millipede as the markets are more likely togo against him meaning interest rates will rise and the nation as a whole will borrow less.

Gidiot and Dave are going to borrow and spend forever more, theyve proven that.

Edit - I would like to add Dave and Gidiot could have crashed the property market in 2010 as they hinted to prior to the election but they decided to use taxpayers money to do the opposite, thus the Tory party are the loony left.

Edited by Corruption
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I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say?

Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"?

If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust.

It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.

"Whilst it is regrettable on an individual basis that someone can end up in a worse position as a result of government policy, acting in the National Interest trumps any single individual's right to tailor-made policy and to that end I can only say that if people have discharged their financial responsibilities to themselves in a diligent manner they will be much less likely to find themselves in a poor position in future."

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