Sunak Is Going To Be Useless

[ebull]

14 minutes ago, Casual-observer said:

A) There's not enough tax to fill the hole regardless, the deficit exists for a reason. 

The same place the mandate existed to go rack up the national debt. 

If you can no longer afford to borrow the money in enough quantity anymore then seeking a mandate is moot. Our two party state survived on unfunded promises and generous borrowing are now simply changing with the times. 

We've clearly hit the ceiling of how much more tax we can wring out of a stagnating tax pool so someone going to have to take a cut. 

racking up the debt for covid and ukraine were unexpected crisis event driven where a mandate is not usual. ( I dont fully support action taken on either.) Surpised by relative magnitude though .. lockdowns added 290bln to debt pile unsurprisingly, ukraine also a huge 90bln.

filling the hole is not needed, not taking the hole over a limit where it implodes is.

[msi]

Ex-Tory MP Lee Anderson defects to Reform

Poor Rishi.  He's killed the Tories on the rabid right and he's kill his centrist Tories

[Lagarde's Drift]

11 minutes ago, msi said:

Ex-Tory MP Lee Anderson defects to Reform

Poor Rishi.  He's killed the Tories on the rabid right and he's kill his centrist Tories

He made the classic mistake of trying to keep the Tory coalition together and please everyone and compounded it by not changing tack. Just provide a direction, firm guidance, and eject everyone whos face doesn't match. But he's can't decide and even if he could he's too weak to eject ppl.

[msi]

Rishi Sunak holds private meeting with chair of influential 1922 committee of backbench Tory MPs amid concerns over party's direction

 

Rishi Sunak meets Graham Brady amid claims ‘flurry’ of no confidence letters have been sent

 

Early GE or Bait-n-Switch leaders.... return of Pig Boy or BoJo?

[Maghull Mike]

4 hours ago, msi said:

Rishi Sunak holds private meeting with chair of influential 1922 committee of backbench Tory MPs amid concerns over party's direction

 

Rishi Sunak meets Graham Brady amid claims ‘flurry’ of no confidence letters have been sent

 

Early GE or Bait-n-Switch leaders.... return of Pig Boy or BoJo?

Why not "Thick Lizzy" again?........

[Social Justice League]

Sunak Is worse than Lizzy imo.

[Casual-observer]

It's pure party survival at this point, nothing to do about Labour getting in. 

The Tory party has no USP, that's the crisis for them and Sunak's offering nothing. 

[Maghull Mike]

He doing BUGGER all...............no "Big ideas".........they don't have any

[Blobsy]

Are they really going to foist another unelected goon on us?

This might unleash yet more vitriol towards them.

Stick or twist?

They're fkked either way.

[msi]

14 hours ago, Maghull Mike said:

He doing BUGGER all...............no "Big ideas".........they don't have any

What was the Tory 'Big Idea' over the last 13 years?

 

Pig Botherer's  was 'I'm not Gordon Brown'.    I'll give the 10p bag charge as a success, but hardly a 'Big Idea'

Maybot's  was 'I can get Br*xit done, honest' - Look where that ended up

BoJo's was 'Oven Ready Br*xit' - then hid in a fridge when reality bit and TSHTF

Trusterf*ck - Enough Said

Sunak - Literally the last name left.  I'll give his national £2 Bus fair a success.

 

So there you have it, the wonderful world of the Tories.  Recycled carrier bags and cheap bus fairs. 

No wonder I keep droning about having a reset for small c Conservatives...

[Bruce Banner]

Sunak's latest big plan is to redefine extremism . 

Rishi Sunak’s plan to redefine extremism is disingenuous – and a threat to democracy (theconversation.com)

 

 

 

Edited March 14 by Bruce Banner

[Maghull Mike]

4 minutes ago, msi said:

What was the Tory 'Big Idea' over the last 13 years?

 

Pig Botherer's  was 'I'm not Gordon Brown'.    I'll give the 10p bag charge as a success, but hardly a 'Big Idea'

Maybot's  was 'I can get Br*xit done, honest' - Look where that ended up

BoJo's was 'Oven Ready Br*xit' - then hid in a fridge when reality bit and TSHTF

Trusterf*ck - Enough Said

Sunak - Literally the last name left.  I'll give his national £2 Bus fair a success.

 

So there you have it, the wonderful world of the Tories.  Recycled carrier bags and cheap bus fairs. 

No wonder I keep droning about having a reset for small c Conservatives...

As growth in the WEST sudders to a stop there is sadly not much more they can do.

They tried to allow mass "Import" of new people, but they now finding that the infrastructure of the nation (Electric/Water etc) would require massive investment cash they don't have. New "Green" deal?....DEAD totally unaffordable ....Goodbye Greta.

War with Russia, topple Putin, install puppet, RAPE Russia.......not going well either...

What will Labour do?.............as badly with MORE Taxes.......then they sit there SHOCKED as people ship out to new nations with more freedoms & LOWER taxes.

Mike

[msi]

12 minutes ago, Maghull Mike said:

As growth in the WEST sudders to a stop there is sadly not much more they can do.

They tried to allow mass "Import" of new people, but they now finding that the infrastructure of the nation (Electric/Water etc) would require massive investment cash they don't have. New "Green" deal?....DEAD totally unaffordable ....Goodbye Greta.

War with Russia, topple Putin, install puppet, RAPE Russia.......not going well either...

What will Labour do?.............as badly with MORE Taxes.......then they sit there SHOCKED as people ship out to new nations with more freedoms & LOWER taxes.

Mike

ah GLOBAL issues...didn't stop you putting the boot into Brown for 'causing' the GLOBAL FINANCIAL CRASH did it?

I have no expectation that Labour will do better, but your POINT was about the TORIES so DEFLECTION doesn't look good.

 

Does it....

[Maghull Mike]

6 minutes ago, msi said:

ah GLOBAL issues...didn't stop you putting the boot into Brown for 'causing' the GLOBAL FINANCIAL CRASH did it?

I have no expectation that Labour will do better, but your POINT was about the TORIES so DEFLECTION doesn't look good.

 

Does it....

The Economy is "Flame out" & no one can save it.............

The city of London is a husk of its former self, lots of firms are now moving to NYSE.

Its over Baby

[msi]

17 minutes ago, Maghull Mike said:

The Economy is "Flame out" & no one can save it.............

The city of London is a husk of its former self, lots of firms are now moving to NYSE.

Its over Baby

That was the Tories 'Big Idea' then?

Aren't you glad you voted for it....baby

[Maghull Mike]

4 minutes ago, msi said:

That was the Tories 'Big Idea' then?

Aren't you glad you voted for it....baby

The "Big Idea" was not having one..............nothing as bad as a government with a "Big idea".

Mike

[Hullabaloo82]

On 07/03/2024 at 14:06, ebull said:

racking up the debt for covid and ukraine were unexpected crisis event driven where a mandate is not usual. ( I dont fully support action taken on either.) Surpised by relative magnitude though .. lockdowns added 290bln to debt pile unsurprisingly, ukraine also a huge 90bln.

filling the hole is not needed, not taking the hole over a limit where it implodes is.

I can see this argument but I take issue with the idea that the "unexpectedness" of events like Covid and Ukraine is a get out of jail free card. 

The lesson we should have taken as a nation from covid is "expect the unexpected". 

Covid revealed two things;

1. Thousands, millions of people were (willfully or otherwise) running businesses without adequate risk protection and

2. Despite protestations to the contrary, that cover does exist and some people did have it in place. 

At the time there was little else that could be done beyond turn the taps on and spend but that should have been the catalyst for a national conversation on risk. It should have been done on the proviso that, much like everybody who drives in the UK has to be insured to a certain level, businesses (whether multinationals or one man band contractors) should be expected to have arrangements in place for black swan events. 

More to the point, everybody that took a furlough payment to cover their payroll or claimed self employed covid support (despite continuing to work in many cases) should be paying more in national insurance to cover that cost (after all, claim on your car insurance and your premiums go up, why is this any different?) Similarly the UK should be aggressively pursuing dodgy bounce back loans and defective PPE swindlers. 

Instead, we've (grimly predictably) ended up at the usual "privatise the gains, socialise the losses" scenario where the usual suspects (the blessed "risk takers", peace be upon them) who benefitted from this largesse are now shunting the responsibility back on to the "squeezed middle" (or more accurately the squeezed upper middle) whilst crossing their arms and somewhat comically trying to blame "wasteful public sector spending" for the situation. 

The reality is so obvious but the moment anyone points it out the usual pearl clutching useful idiots (a number of whom somewhat bafflingly seem to spend their lives on this forum despite allegedly being massively wealthy small c conservatives) jump out and start screaming "communism!" 

For a group that is supposedly all about personal responsibility and rugged individualism it never ceases to amaze me how much push back there is to the idea that the people who ran up the bill, who were screaming out for the bill to be run up at the time, should get their wallets out when it's time to pay. 

[msi]

1 hour ago, Maghull Mike said:

The "Big Idea" was not having one..............nothing as bad as a government with a "Big idea".

Mike

so that's why you voted for them.  Well done....baby

 

[Gigantic Purple Slug]

1 hour ago, Hullabaloo82 said:

I can see this argument but I take issue with the idea that the "unexpectedness" of events like Covid and Ukraine is a get out of jail free card. 

The lesson we should have taken as a nation from covid is "expect the unexpected". 

Covid revealed two things;

1. Thousands, millions of people were (willfully or otherwise) running businesses without adequate risk protection and

2. Despite protestations to the contrary, that cover does exist and some people did have it in place. 

At the time there was little else that could be done beyond turn the taps on and spend but that should have been the catalyst for a national conversation on risk. It should have been done on the proviso that, much like everybody who drives in the UK has to be insured to a certain level, businesses (whether multinationals or one man band contractors) should be expected to have arrangements in place for black swan events. 

More to the point, everybody that took a furlough payment to cover their payroll or claimed self employed covid support (despite continuing to work in many cases) should be paying more in national insurance to cover that cost (after all, claim on your car insurance and your premiums go up, why is this any different?) Similarly the UK should be aggressively pursuing dodgy bounce back loans and defective PPE swindlers. 

Instead, we've (grimly predictably) ended up at the usual "privatise the gains, socialise the losses" scenario where the usual suspects (the blessed "risk takers", peace be upon them) who benefitted from this largesse are now shunting the responsibility back on to the "squeezed middle" (or more accurately the squeezed upper middle) whilst crossing their arms and somewhat comically trying to blame "wasteful public sector spending" for the situation. 

The reality is so obvious but the moment anyone points it out the usual pearl clutching useful idiots (a number of whom somewhat bafflingly seem to spend their lives on this forum despite allegedly being massively wealthy small c conservatives) jump out and start screaming "communism!" 

For a group that is supposedly all about personal responsibility and rugged individualism it never ceases to amaze me how much push back there is to the idea that the people who ran up the bill, who were screaming out for the bill to be run up at the time, should get their wallets out when it's time to pay. 

It's everyone else that is supposed to have that.

Great post btw.

 

[Maghull Mike]

1 hour ago, msi said:

so that's why you voted for them.  Well done....baby

 

I was under the mistaken belief that the were the "TORY PARTY"......not some pink lib thing.......

[winkie]

7 minutes ago, Gigantic Purple Slug said:

It's everyone else that is supposed to have that.

Great post btw.

 

When money is tight and taxes high, the first thing people cut back on is insurance and assurance cover.......two compulsory insurances, car and public liability........wealthier people tend not to buy so much insurance cover anyway, they have the funds set aside to cover low risk occurrences.....they can afford to not live in flood prone areas or pay for expensive pet insurance, looking into pet health cost at the moment. 

[MancTom]

2 hours ago, Hullabaloo82 said:

I can see this argument but I take issue with the idea that the "unexpectedness" of events like Covid and Ukraine is a get out of jail free card. 

The lesson we should have taken as a nation from covid is "expect the unexpected". 

Covid revealed two things;

1. Thousands, millions of people were (willfully or otherwise) running businesses without adequate risk protection and

2. Despite protestations to the contrary, that cover does exist and some people did have it in place. 

At the time there was little else that could be done beyond turn the taps on and spend but that should have been the catalyst for a national conversation on risk. It should have been done on the proviso that, much like everybody who drives in the UK has to be insured to a certain level, businesses (whether multinationals or one man band contractors) should be expected to have arrangements in place for black swan events. 

 

does such insurance even exist? Usually insurance has get out clauses for things like wars etc.

[msi]

51 minutes ago, Maghull Mike said:

I was under the mistaken belief that the were the "TORY PARTY"......not some pink lib thing.......

So define TORY without use of 3 word slogans or cr*p you find in the Daily fail.....you obviously can't decide if having a BIG IDEA or NOT is one....baby

[Maghull Mike]

2 minutes ago, msi said:

So define TORY without use of 3 word slogans or cr*p you find in the Daily fail.....you obviously can't decide if having a BIG IDEA or NOT is one....baby

Getting people to live within their means rather than stringing them along with DEBT. Not buying votes, reducing debts, stop ramping house prices.........sort of thing

[Hullabaloo82]

28 minutes ago, MancTom said:

does such insurance even exist? Usually insurance has get out clauses for things like wars etc.

https://www.insurancetimes.co.uk/news/wimbledon-set-for-coronavirus-windfall-in-huge-pay-out-from-pandemic-insurance/1433146.article

It absolutely does exist. That's a high profile example but far from the only one. 

There's also multiple ways the government could do this in the absence of a market based solution. Lots of examples of public sector bodies paying into "risk pools". 

There's absolutely no reason that covid support schemes couldn't have gone on the proviso that they would be paid for with higher employers NICs (and yeah, employees too, why not?) in future years as the start of a pandemic risk pool. 

Of course there'd have been the usual wailing and gnashing of teeth but ultimately you'd put the due diligence bit on to borrowers themselves (which is where we went wrong here) and probably seen a far lower anount of spending. As it was it was just free money with the expectation that some other mug would end up footing the bill (which of course was the correct assumption as it always is with the current bunch of crooks running the show. 

How we've ended up normalising the fact it's council service users and upper middle income employees who should suffer the consequences of parasitical cowboys looting the public finances is just indicative of the kind of deluded double think that's infested this country since 2008.