Mervyn on the Economic Shambles
Mervyn King’s testimony yesterday was shocking, he made public that the Bank of England was not consulted on Alistair Darling’s plans for the reform of banking regulation. Call Guido old fashioned, but he somehow thinks that it might be a tad useful if the former student Trotskyite turned Chancellor, Alastair Darling, consulted the professor of economics turned career central banker, Mervyn King. This is not mere student politics, this is the trillion dollar question of the moment. Mervyn confirmed that the current tri-partite regulatory regime designed by Balls and Brown “was a mess”.
As if that wasn’t bad enough figures released yesterday showed that Britain has the biggest budget deficit in the world. The best placed economy to weather the global crisis (© G. Brown) had government borrowing hit £20 billion in May, which means the government is overspending by nearly £30 million an hour. Gordon is spending way beyond our means and putting our children into debt at an unheard of rate. He actually boasts that he is going to spend, spend, spend…
Mervyn basically testified yesterday that the government needed to cut spending much more dramatically than it is planning to do or else we will be ruined. If Gordon is hoping for a recovery (as Alastair officially predicts) to save him in time for a general election the news from the OECD will not be encouraging. The OECD said yesterday that Britain is in “severe recession” and that it was downgrading it’s expectations for the UK economy, predicting it will shrink by 4.3% this year…
So when found out to being a whore, the mother of all parliaments response is to put a pimp incharge.
When Gordo is shot, will it be classed as murder or assassination?
Suicide.
Come on GuidOrcs Oaf, Mervyn did not say the things you ascribe to him, you may think he did, but he didn’t.
Oh yes he fucking did!
I always thought you were misguided but funny young Mr Baiter.
Don’t rewrite history, I watched Merv the Swerve as he said what Guido claims.
Now I know your a liar not merely misguided and only funny in a peculiar way.
Jonty, you little ginger poof, I said you werent up to this job. Leave it!
104 … hoho.
Of course you’re just jealous coz you aren’t little.
Many skinny little twats are fat by the time they get to 40.
Perhaps the Presbyterians have outlawed Dickens.
Perhaps McDoom and McBride have burned all books by English authors in the Bunker.
Whatever the reason, it seems to 13eastie that our unfortunate national “HEEP of infamy”, MuckFuckwit, is unable to abide by that maxim well known to any schoolboy who has read David Copperfield:
“Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.”
There are clearly some musings of Mr Micawber that have clearly taken hold in Gordungs economic policy though. How about,
“I have no doubt I shall, please Heaven, begin to be more beforehand with the world, and to live in a perfectly new manner, if -if, in short, anything turns up.”?
Or maybe,
“Welcome poverty! Welcome misery, welcome houselessness, welcome hunger, rags, tempest, and beggary! Mutual confidence will sustain us to the end!”?
“Mervyn basically testified yesterday that the government needed to cut spending much more dramatically than it is planning to do or else we will be ruined.”
Is a misrepresentation of what Mervyn said, simple.
The pertinent point in the exchange yesterday is that Mervyn King changed his position on reducing the size of banks.
The fact is that the steps Brown took in fighting the recession have mitigated its effects.
Brown took decisive action while Mervyn King was still wittering about the risks of ‘moral hazard’ in preserving banks.
The economic outlook is improving thanks to government efforts to stimulate the economy, according to the Organisation for Economic Cooperation and Development (OECD).
Now, remind us which is the party that opposes government efforts to stimulate the economy?
Oh yes the ‘do nothing’ ‘it’s a recession’ ‘let the market decide’, Conservitude Party.
You HEEP of infamy!
Most convincing, Master Baiter, most convincing. Is that what you want to be when you grow up, a Labour Spin Doctor? A professional liar and sleezeball, growing fat on taxpayers money?
Need to work on your language a bit though. Communication is so important in the bullshit business.
You’re too kind and pointless.
You’re too blind and witless.
You’re still without a point.
Never mind, spout your rot in support of a Party of Public Relations professionals, despite which the Conservitude rebranding is bound to fail.
Do you want to know why?
Because of the pandering it has to do, and the type of people it has to do it to.
The economy is fucked, we’re all up to our necks in sleaze and Labour is polling worse than ever.
Let’s tell a group of decent, brave Napalese men of whom the nation is extremely fond to GO FUCK THEMSELVES!
Get Real young master B.
It might be the case that “rebranding is bound to fail”, but they seem very likely to win the election. What will happen to your world view then? Will it be dissapointment or dispondency.
So relax.
If Cameron is telling the truth, theres not too much to worry about as the country won’t change direction very much. Just as Mrs. Thatcher was fairly pleased that the government that took over in 1998 was nothing like the one she beat in 1979.
MasterBaiter
At what point will you acknowledge the reality?
Hitler managed to ignore the situation until the red army was at the top of his road. Artillery shells were actually landing in his garden before he finally gave up the idea that the phantom SS divisions would break through.
Are you going to wait until the IMF arrive, like the bailiffs, and take away the health service, before you acknowledge what one final relaunch, one really good initiative could the turn situation around.
Must we wait until the the countries credit rating is downgraded, making the situation far worse, before the cold stark tangibility of our economic woe punctures your unwavering belief in the Holy Gord.
Why did Brown want Darling out? To get his best chum into the second highest position in the land to back him up. Because no-one else will.
Guido is right. Merv has pulled the plug and Brown better find a new dividing line because this Vindaloo “We’re gonna spend a lot more than you..” is finished.
http://cityunslicker.blogspot.com/2009/06/when-will-imf-ask-for-keys-to-treasury.html
See for yourself on page 21,
OECD forecast for UK shows higher GDP real growth in 2011-2017, lower unemployment than France or Germany in 2010 and 2017.
http://www.oecd.org/dataoecd/36/35/43117806.pdf
Drip dry
No mention of DEBT here. That’s the killer. Be a good little chap MB, run along and find us some comparison on national debts. Or have you already done that and redacted the results?
MB, by pumping money into the system Brown and co may well have hindered the crash. However, in doing so they have simply delayed the required erradication of the bad investments made during the boom. They have created a zombie economy propped up by borrowing (like Roosevelt did for America in the 30s until he was forced to cut spending in 1937-8), at some point it will have to crash again unless we want to be up to our necks in hyperinflation.
Can’t take your unseen language any more !
No, a public service.
Mercy killing
Mercy for us.
Am I missing something is it not spelt “masturbater?” My old daddy told me it sends you blind eventually, how can our ‘Master’ send e mails? Perhaps he has a Braille keyboard. I think that too much has had an effect on his other senses too.
Pest control
Vermin control
What was the hanging of Saddam classed as?
The murder of a sovereign leader who was threatening to have his own oil burse in non dollar currency?
Circumspection. Dead men tell no tales.
Judicially sanctioned capital punish for a man guilty of gassing, torturing and murdering murdering many thousands of Iraqis.
Do you think (a) that Saddam was innocent of all the alleged massacres and murders? (b) that legal due process wasn’t followed (c) that Iraq does not have capital punishment?
If not, what is your problem.
A long drawn out, drip-dry affair.
an outrageous continuation of the brutality
There wouldn’t be a jury in the land that would convict.
W.W.
But they would stuff the jury with “Ethnic diversity monitoring director” types, who could get the week off from their non-job to serve.
Remember, a jury is made up of 12 people who couldn’t come up with a good enough reason to get out of jury duty…
And the week off would be paid, too. Barstewards.
It will be a Mercy Killing, like putting an injured dog out of it’s misery.
Justifiable homicide
Humane euthanasia
…Euthanasia!
Execution.
But, seriously, wouldn’t it be yet more waste of taxpayers’ money? A bullet costs what? 10p – 20p? A length of nylon rope, on the other hand, could be found more or less anywhere. There must be a flagpole in Whitehall with some rope that’s doing nothing useful, such as holding up an EU flag. Take the rope, string Brown up from a lamp post in Parliament Square, watch the incompetent fucker twitch for 10 minutes, then drop him half an hour later and repeat with Mandy, Balls, Milliband MKI and MKII, Harperson et al.
It’s a more environmentally friendly solution than a bullet. Plus, the DVD of the proceedings would be longer, encouraging more people to buy a copy for 11.99. The world-wide revenue raised could help clear some of Brown’s debt. Not a lot of it, only about as much debt as he accrues in an hour, but every little helps.
When Gordon is shot it will generally be accepted as being a mercy killing.
Blessed relief for all…
mercy killing for the good of the nation
Qualatative easing , I think
A public service
Shooting the bastard would be too humane. He should suffer first – horribly.
He does. Have you never met his wife?
Out of a cannon would work for me.
An act of mercy?
When Gordo is shot, will it be classed as : insecticide.
it matters not about gordo and his spending all smoke and mirrors the plans are laid the new order goes forth whilst the wealth is distributed as the people sleep. 2012 is the time of change and nationalist leanings will count for nothing in the great scheme of things. Saddam cast aside as he wanted to upset the balance more to come but the train steams on unabated towards world government. Keep well
Or a God-send
Hutch
so we are fucked ?
gordon said we we best placed to cope with the global downturn he isnt lying is he ?
what big bullies the oecd ?
The recession is over? Tell that to the million or so who will lose their jobs between now and next June.
Speedo, do you not understand what a government inflicted debt based econony is? It means business have to borrow money to pay wages. This is utter madness bought about by excessive red tape and regulation adherence and high wage demands to meet high tax demands. It’s that simple.
You’re hilarious mate. The recession is over is it? Tell that to the guys at Honda in Swindon. Car sales are down 50%. 50%! But the ones really suffering are the parts suppliers as there is enough inventory in the supply chain to reduce demand to zero for the next 12 months. Expect unemployment to rise well beyond 3million by the end of the year and then continue to rise in 2010 as the secondary effects of all that unemployment cause a further reduction in economic activity. Then the government will find it is impossible to raise money from gilts because it has no plan of how to get the country out of the downward spiral and can’t convince the market that it isn’t running a Mugabe economy.
It is astonishing to me that you Labour activists are so happy to lie and lie and lie to prop up a government that is utterly bankrupt of ideas and consequently bankrupting the nation too. Look up the phrase “escalating commitment to a failed course of action” to appreciate what psychologists would say is happening to Gordon Brown and this government. The first step to a solution is to ditch Brown. You could put a taxi driver in charge of the economy and he would still perform better than Brown because he wouldn’t be committed to following a failed set of actions for fear of being proven WRONG.
We can all read the news ourselves ta very much. It is your duplitious interpretation of it that people object to.
To portray the increasing number of redundancies as just some kind of “run off” is bollocks, as well as callous. Some of us are old enough to remember the last time round. Mark my words, a Summer of Discontent is looming.
Freddie, to give you a short answer – Yes, we’re fucked. Absolutely fucked.
cheers lad so brown is a lyer and bonkers
Brown is completely bonkers. The Govenor traditionally speaks like a diplomat but he certainly didn’t yesterday.
The pound lost 1% against every major currency yesterday afternoon – Mervyn knew this would happen but still thought that his views had to be said.
I see a massive run on Sterling coming up which will cause huge inflation – then we will be seriously fucked.
Yes Freddie. A five star liar. The Burj-Al-Arab of liars. The liar de tutti liars.
And absolutely fucking mental. More mental than the most mental bastard in Mad Street, Mentalville, Minnesota.
The kind of nutcase who puts his victims in the wood-chipper and then jumps in himself ‘to hide the evidence’.
Utterly fucking hatstand.
National debt is said to be £2 trillion. Thats £2,000,000,000,000. With a population of 60 million, that’s £33,333 each.
Nobody gave government a mandate for this. These fucking tossers couldn’t manage the office tea fund.
Sorry – don’t usually use foul language, but this makes me REALLY mad.
Engineer, jgm2, any ideas how we can convince the average man how just fucked we are?
Everyone here knows it, but there are 6 million employed directly in the public sector (source: FT article linked on the right) and millions more are entirely dependent on state handouts – two groups that quite like Broon the Hoon’s ‘investments’ and want anything but a change of government at the moment.
Was the idea to create so much of a “Client State” that no matter how fucked up we got there would still be a Liebour government elected?
Why am I reminded of Richard Mottram’s famous quote:
We’re all fucked. I’m fucked. You’re fucked. The whole
departmentcountry is fucked. It’s the biggest cock-up ever. We’re all completely fucked.It beats me that Cameron and Co. are not banging this drum a lot harder. Cameron’s response to the budget speech was good, but since then things seem to have dropped away a bit.
I suppose we have had some big distractions – MPs expenses, Speakergate, now the Iraq inquiry hoo-haa. Maybe things will settle a bit and the opposition will get the chance to turn the wick up a bit on this one. Has to be a big part of the election run-up, hammered loud enough to drown out the Nulab diversionary noises.
Steve, that has always been Labour’s policy – fill up the local authorities with voters – even before Wilson. Turkeys don’t vote for Christmas and Gordon’s Turkey Army marches on oblivious.
When is the gorgon going to transform himself into a teacher? Will it be economics he’ll teach, or presbyterianism? He’ll have to teach the ignorant that’s for sure! He’s good at preaching prudence, perhaps that will be his renewed mantra!
The gorgon couldn’t run even the smallest one man band of a business. The entrepreneurs are getting shafted – the ones that make a country solvent. The bureaucrats are the burden on society, with their fancy pensions, expenses, and I’m all right Jack attitudes. Hopefully they will be dragged into the real world shortly when cuts are made, – by any government that is in power. There is plenty of fat to be cut there!
“Engineer, jgm2, any ideas how we can convince the average man how just fucked we are? ”
1994 23% of adult population* of Great Britain were functionally illiterate**
2000 20%
2008 20%
* aged 16-64
**if given the alphabetical index to the Yellow Pages, cannot locate the page reference for plumbers, ie a reading age lower than 11
In view of that, what hope is there of an informed citizenry? Cartoon manifestos?
Hmm.. “Post Neo-Classical Endogenous Growth Theory”. Well, it might have been a theory, but it didn’t work in practice.
I genuinely can’t think of anything that Gorgon could teach, except possibly “Bullshit for Beginners”.
(P.S. barefootcontessa – very naughty of me, but that’s the most incredibly sexy screen-name!)
#313
I guess that explains Labour’s core 20%. I’m surprised they can spell ‘X’.
You must be reading some very odd papers.
Economy. Fucked by excessive debt servicing and mal-regulation.
But then what do I know, I only run a company…
Dr. Mick, I think you meant *summers* of discontent. Not this one, but 2010, 2011 under a combination of mass unemployment and rocketing inflation will certainly bring about widespread chaos. Just as well Gordon was far-sighted enough to force through the Civil Contingencies Act.
What recession? Did i miss something?
NuLab have been running a deficit economy since 2001, clearly with no plans to change that scenario given Darling’s 2009 planned budget borrowings of £175Bn (2009), £173Bn (2010), £140Bn (2011) and £118Bn (2012) which are testimony to that.
Difficult to get back into surplus with huge debt repayments hanging around for decades.
The BBC bravely had the quotes up for a few hours yesterday evening but they’ve since been purged.
Good work Mandelson, Campbell and McBride.
Purged in favour of such news as…
‘Woolworths returns as online store’ and
‘Clinton buys 196 Birthdays stores’..
No sign of them in the ‘most read’ section either. No sign of the OECD story either.
Nothing to see here. The UK economy is emphatically not fucked. Carry on.
It’s yer green shoots innit?
Much more important news, Salads contain more fat than big macs! Front page BBC, are they getting advertising revenue, if not why not?
Wait until the BBC realise that climate change is a natural phenomenum and all the taxation that Gordon raises in its name ill not stop it.
Now you really are living in a fantasy world!
BBC admit that Global Warming is a hoax? Whatever next – environmentalists ban of DDT led to 100m Africans dead!
Or “Near extinction of water voles caused by animal rights people releasing mink”.
BBC executes its mandate to inform and educate the masses perfectly; the masses of bints, bummers and c’unts in ye olde Blighty 2009.
“climate change is a natural phenomenum”
So you are one of the 20% (see above). Plumber please!
Yes, the climate does change naturally. How observant of you. It is however changing much more rapidly due to mankind’s incessant drive for profit.
You can choose to disagree with this, that doesn’t mean it’s not true. Ask any serious scientist, who is not being funded by some multinational corporation.
Ask the head climate expert at NASA. Ask the Met Office.
Of course, perhaps the Daily Mail and Richard Littlejohn know better
Here it is. You have to search ‘Mervyn King’ in their website to get it.
http://news.bbc.co.uk/1/hi/business/8117388.stm
The scale of the deficit is truly extraordinary. 12.5% of GDP is not something that anybody would have anticipated even a year or two ago, and this reflects the scale of the global downturn, ,” he said.
“But it also reflects the fact that we came into this crisis with fiscal policy itself on a path that wasn’t itself sustainable and a correction was needed.
There you go Brown. Spin that you mendacious, lying bastard.
Merv is telling Urbi et fucking Orbi that Brown had let the fiscal situation get out of hand waaaay before the recession started.
Which we all know but it is apparently still news to 21% of the ill-educated.
Given that the Goveror usually speaks in very diplomatic language, what he said yesterday was quite shocking.
I think he’s determined that it be known it’s the government’s fault rather than his own that the country’s finances are absolutely FUBAR
What King said yesterday can not be interpreted in any other way than an attack on Labour’s ruinous ‘economic’ policies.
We are in enormous debt with a government spending money it has not got. Simple as that.
Yep. Quite so. He’s going to be cutting out those newspaper articles and bookmarking those BBC web-pages so that when Brown, having attempted to pin his fucking of the UK economy on the banks turns to blame the BoE good ol’ Merv will be there stuffing a whole bundle of articles under his nose.
Way to go Merv.
I predicted all this banks going bust and printing of money five years ago but for some reason Brown wasn’t listening.
Bit of a shock horror it’s on BBC news!
Thought they’d ignore that and stick to something like an Angelina and Brad wedding story to deflect peoples attention!
“Our family ‘ave alw’ys voted Labour. Me dad voted Labour. Me grandad voted Labour. me great grandad voted Labour and me great, great grandad in 1945 voted Labour ‘n all.”
Just wait till the markets no longer takes up gilts and our credit rating goes into the sewer. Then you will see some serious cutting of public spending as there will be no alternative. A government with a mandate needs to show it can manage the economy correctly not with blah blah words but with actions. Its not going to be easy but the public are well aware that cut backs are coming and due in the main to labour government policies over the years. I accept some issues are global but the majority of blame lies squarely with Brown IMHO.
I think that if Merv carries on in this vein he will soon be joining me “in the woods”.
Don’t take any walks on your own, Merv…
It’s obvious that much unneccessary spending can be cut; we are being taxed and the money is being wasted and yet nothing seems to work. State of roads, dealing with anti-social behaviour (Loads of meetings, different agency involvement, lots of paperwork) yet nothing to show for it. All those non-jobs doing f all and taking the salary every month plus pension. I’ve been to these meetings as a member of the public and one knows it is a waste of time and money. Same with all the other consultations and expert advisors all a waste and zilch to show for it. If it ain’t working then don’t pay, don’t build expectations on an expensive salaried lie. The game’s up.
From today’s DT, Kirklees council are looking for a “Director of Organisation Development” earning 119k, who:
…must have “cross-functional experience” and play a “key role in ensuring the effective integration of national, regional and local drivers”,
http://www.telegraph.co.uk/news/newstopics/howaboutthat/5627849/119000-council-job-advert-attacked-for-being-written-in-gobbledegook-and-waffle.html
How the fuck can we stop this madness?
There will be a protest on Monday the 29th from 11.AM in Parliament Square.
There need to be as many people as possible to tell Brown that we want him and his bunch of crooks out. We need a General Election NOW.
Please come and join. Bring your own banner. And tell all your like-minded friends and acquaintances.
We also need media exposure so, write/call the national and local press. Also call your local taking radio.
If you want to get rid of this shower, doing nothing is not an option. For the sake of yours and your country’s future, it’s time to take action!
E-mail Robert Bryan, the guy who has started the ball rolling: rmbryant@hotmail.com for information.
A longer reply is in the “queue” but there is an article in the Telegraph today about a council non-job paying one hunderd and nineteen grand
The story is thay they have had only ten applicants because the job description is written in such gobbledegook that no-one has a clue what it’s actually about!!
Would be funny if it wasn’t OUR FUCKING MONEY!
This government has set up qwango upon qwango and then placed their cohorts in the highest paid positions. Its a disgrace and the public have by and large has let it happen. How the heck this this shower get three terms.
Please Mrs. Avery, I just gotta talk to her,
I’ll only keep her a while
Please Mrs. Avery, I just wanna tell her goodbye
The Penguin
Forty cents more
For the next three minutes
Can you really say that the public have let it happen ?
Surely the truth is that it has all been done behind our backs, and with fraudulent intent.
Did you read about that initiative the other day to convince failed asylum seekers that they should be repatriated.the end result was 1 million pounds spent and they only persuaded one family.
How about a carrot and stick initiative like “get on the plane you parasites or you are likely to feel the toe of my boot”?
I suggested yesterday that some sort of incentive scheme to cut public sector waste might work. If an NHS Chief Exec was on a bonus of 1% of the spending cut year on year, you would see waste fall dramatically overnight. You’d have to put some rules in place like not making doctors or nurses redundant but it could work.
I was reminded that this featured in an episode of “Yes, Minister” in 1981! How times change…
But who would be left to vote for Labour then?
The budget deficit has replaced exuberant lending by banks as the Thing That Will Obviously End In Tears But We’d Rather Not Know Thank You Very Much. We’re still in the position where we could do something about it if the powers that be would sober up and put forward some serious plans for reducing the deficit, but because that would be ‘bad news’ they would rather drift on until we hit the reef. just like the banks in 2006.
People tell me that there is a gloom around Labour MPs. At what point do these idiots actually question their own ridiculous tax and spend philosophy? At what point do they realise the damage that they have done to the country and understand that they need to step away from the levers of power? Pariahs the lot of them.
The biggest thing that prevents entrepenures and business is the unknown. The unknown red tape and regulation around the corner. Unknown tax take, unknown conditions. You can’t plan in this situation and I agree the Government should back off and so should local councils.
Dead right. It’s an unthinkable prospect to set up a business in the UK given the long-term outlook. Any future government is going to have to sqeeze everyone and everything til the pips pop out to even begin to balance the books. It’s an absolute shambles.
Some are actually aware that the game’s up. Tom Harris’ blog is redolent with gallows humour of the type found along the Russian Front in 1944.
They were all nodding, smirking, and tut tutting as per usual yesterday in HoP. They don’t have to worry, whatever happens they will end up with a nice fat pension, a property portfolio, and probably a job linked to the nefarious contacts they will still have in the HoP. They’ll never get it, not any of this lot.
Quickie solution — foreclose on all parliamantary and state sector pensions, the lot in one go, then offer them all an “enhanced” old age pension , sort out the men from the boys that would.
Why don’t we just cancel the Olympic build and hold the games around the country. If Manchester and Edinburgh are good enough for the Commonwealth then they are certainly good enough for the banana republics.
…like the Olympics….!
If the Olympics were always held in Athens, where they originated, every country would have to contribute to the upkeep of the stadiums, etc. It would surely be much cheaper than letting individual countries host them.
But the point of countries hosting them is national prestige.
What are we going to show off? For sale signs, with 3-4m unemployed. The elderly on the streets starving – and it happens already in Italy… can see it happening here as well, with the pensions annihilated!
Why can’t the labour luvvies see what the rest of us can? Have they been lobotomised?
But it’s a load of shite ain’t it? National prestige my arse, it’s just two weeks of international competition, then it’s all forgotten.
What national prestige has anyone ever gotten out of the Olympics? The games are all about sponsorship and corruption.
You don’t have to worry. You can work till you’re 68.
If the Greeks had any sense they would slap a copyright on the Olympic games and finance their national budget through Olympic licencing.
Isn’t the wasted tennis money going on training a few elite atheletes?
I can’t see how anyone on any part of the left-right spectrum could justify that.
more part of the “national showing off” spectrum.
Now the British Public may finally realise that when Broon had his unholy alliance with the Banks to bring in the profits for them and Tax for him. Had not told the Public that they were the guarantors of this contract. Also they picked up the bill if the whole thing folded. Where was this stated in the Labour manifesto.
The few politicians that have dared defy the banks have had very short careers – look at me and my attempt to print debt free money, and remember what happened to Lincoln when he tried the same and printed debt free greenbacks.
‘I have two enemies: the South at the front and the banks at the rear, and of the two, I fear those at the rear the most.
Good morning McBride, feeling bored (and unemployed) today?
Furey Bros version is the tops
That’s about the strength of it. No dispassionate observer in the ‘wonder years’ could claim that the situation was sustainable. I refere y’all to a reply I made earlier…
26 Jan 2005
http://boards.fool.co.uk/Message.asp?mid=9068120
With the gubmint in hock to its armpits and the consumer in hock to his eyebrows the easy way for any Labour (or Lib-Dem) administration to get out of debt is to print money. I’m increasingly convinced that is what will happen
Fucking obvious even then.
What the fuck do Mervyn King and the OEDC know about economics?
What the fuck do Gordon Brown and the Labour party know about economics?
What are you saying? Gordon managed his household budget which gave him the credentials to be Chancellor.
More than you – it would seem.
They’re pretty good at second home economics.
I have the gift of economic prophecy….
26 Jan 2005
http://boards.fool.co.uk/Message.asp?mid=9068120
With the gubmint in hock to its armpits and the consumer in hock to his eyebrows the easy way for any Labour (or Lib-Dem) administration to get out of debt is to print money. I’m increasingly convinced that is what will happen
9 June 2005
http://boards.fool.co.uk/Message.asp?mid=9347701
Only don’t put more than 28K (I think that’s the gubmint guarantee limit on any one account) in any one account in case the over-borrowed institutions start to go bust too
Fucking seer me. You are not worthy.
Quite enough to be terrified by what post neo-classical endogenous growth theory really means (tax and spend).
What do we know about anything?
Rather more than Jonah.
The Penguin
Somewhat more than this government of incompetents – how can we kick them out?
Give me time my dear man – I’m thinking.
Hint: the answer has something to do with lampposts, the number 650 and a roll of piano wire.
How much more criticism can this government take? And will it make any difference?
I always thought that Brown, Blair etc could be caught bnggering dogs on the lawns of Westminster and still carry on “…getting on with the job…” as though nothing happened.
Just how bad do things have to get? Any leader of industry or business who attracted such criticism would have been shown the exit by the share holders well beforehand; aren’t we ’share holders’ of this Govt?
…..deep sigh…..
Give us an election….
We need to lose some of the collective apathy and grow a pair. Only an indefinite general strike would bring the economy to a standstill.
The problem is that 20% are now working in the public sector, and they are quite happy with the situation at the moment.
Too true, the public sector have been built to form a bulwark against revolution.
That still leaves 80% who can take to the streets. How demoralised are the police – would they actually stop us from rioting until the Mentalist is forced to call an election?
The police – on recent performances they would either arrest us for being terrorists, beat us to death after covering up their numbers or follow us onto the tube before coming out all guns blazing.
More and more like a police state every day…
It’s the Babel syndrome – the higher they make the barricades, the greater the fall. Gordo keeps talking, keeps legislating, keeps building. Something dark keeps banging on the fence.
Dr Freud, am I paranoid?
The Second Coming
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.
Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spritus Mundi
Troubles my sight: somewhere in the sands of the desert.
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
W B Yeats
The Penguin
Aristotle, Blake, Shelley and Hughes have all variously said that a nation’s true legislators are its poets. Thank you for that Penguin.
Just because you are paranoid, that does not mean nobody is out to get you
Lay down your books and come quietly
*
*
*
*
MIND THE GAP
MIND YOUR HEAD,
NOSMO KING
IS ALIVE KNOT DEAD
FEET OFF SEATS
NO SMELLY~YEATS
NO SHELLY NO KEATS
NO FARE CHEETS
*
MIND THE GAP,
MIND THE MAP
MIND THE CC
TV
KAMERA
TRAP
MIND YOUR POKKITS,
MIND YOUR PURSE,
MIND YOUR MOBILE JELLYPHONE
MIND THE DOORS
MIND THE WHORES,
GIVE A DOG A BONE
The private sector pays all of those on benefits, surely they are public sector non jobs as well!
Billy Butler is the dog’s bollocks!
Speedo. Do you need a passport to get into your world?
Passport? I reckon you’d need a fucking starship.
As in ‘German Democratic Republic’ perhaps?
We are investing £30 million an hour every hour. While the Conservatives would do nothing we will carry on investing in Britain.
Investing Investing Investing.
We will invest all your money and then borrow massive amounts of money from the Chinese, the Arabs and the Russians to invest some more. We will invest all that money and then nationalise private pensions and invest that too. The IMF will give me more money to carry on investing.
You cannot stop me I am going to invest as much money as I possibly can until there is no money left in the known Universe.
Ah yes I forgot: keep spending
Bookies refer to gambling as ‘investing’, and so it is, in its way.
So next time you hear Jonah talking about ‘investing’, just substitute the word ‘gambling’.
Good spoof. Recession over. Priceless.
The shambles which will leave the UK on every conceivable metric will show us in a worse condition when Labour leave office than in 1997. As Guido points out we are run by a bunch of third-raters with no experience of business or finance who have yet to put their student politics days behind them.
Is there any way of finding out where all the money was squandered? Some centrally collected audit of cash doled out to quangos, commissions, special interest groups etc etc. Or I am p***ing in the wind and is there only secrecy, obfuscation, confusion and duplication in where our tax money went?
Probably.
Even B-Liar’s expenses have been shredded.
This lot will leave such a mess that it would take years to get through it all, and even then we will find that there are vast gaps when the money went to somewhere, EG Common Purpose, that they don’t want anybody to know about.
The other problem is that so much of it is “off balance sheet” that we won’t even know whether we’ve got everything.
And if they follow the exanple of Kinnockio Boyo, then they won’t give a stuff about whether there is an audit trail.
Maybe the best thing that a Conservative Government could do is to pass a law stating that members of the government are jointly and severally personally liable for any shortfall of cash, or anything the National Audit Office finds has been improperly spent or accounted for on their watch, starting in 1997. After all, B-Liar was a pretty straight kind of a guy, or so he told us and his government was going to clean up all the sleaze and corruption.
Brown is patently off his rocker. The sooner he ousted the better.
Given that the size of the debt hangover will be in direct proportion to spending binge, I am very pessimistic. How dare these fools load me and my children with so much debt.
Socialism at its irresponsible worst.
You idiot.
Rather demonstrates the deficiencies of education in recent years. Sad really.
The Penguin
Japanese Proverb – Don’t get involved in an argument with an idiot. He will drag you down to his level and beat you on experience.
Britain’s debt stands at twelve and a quarter percent of GDP. If you don’t understand that – look it up! This is really not good.
If you tolerate this
Then your children will be next
Yeah, just like us.
Too late – got the children – but we’re working on hitting the grandchildren as hard as possible.
Mission otherwise Impossible – to level the national rich and poor, and make everyone poor! (Except those who’re in the PLP and associates in the Civil Service)
Merv just makes honest and decent New Labour’s introductory words on taking office – “Things can only get better”
12 years and a wrecked country later, New Labour delivers! It is now true!
Nope – just a teen wanting to play with the adults without the mental tools and faculties.
I am sure that the United Condom is and will get everything that it deserves!
Populated, by and large, by supine, dishonest wankers who have spent their lives living on credit, obsessed with the value of their houses rather than keeping an eye on their politicians, it is surely unrealistic to expect anything else!
Nice to see that their are some Iranians who are not willing to sell their dignity for the respect of HYPOCRITES!
The population of the United Condom have everything that they have invited !
Of course, Nicky, you’re the only one who saw all this coming.
It was all so bleeding obvious so frogging long ago!
SZpedo, you are sad!
Society teaches the sheep to sell their dignity for the respect of hypocrites!
I DID NOT!
The expat bars in Thailand are full of moaning old soaks slagging off the state of Britain today. Generally they have a point or two, but if you’ve given up on the place why the constant need to say “I told you so”?
You wouldn’t find me pratting on about the UK if I was in a bar in Thailand.
I thought the ex-pat bars were filled with 11-teen and 12-teen year old pole-dancers. They were when I worked overseas.
After a few years, the cheap beer, fags and hot’n'cold running nubile young women get monotous. Some of these guys hit the pub before 10 in the morning and start on the Corona (a “daytime” beer) and after last night’s hangover subsides conversation inevitably strays to what a shithole Britain has become. Strangely, they speak of little else.
Expat bars everywhere are full of former higher-rate taxpayers who were so fed up with being raped by Gordon they moved thousands of miles away, and will come back only once we have a change of government…
100% correct about Brit expats in Thailand, especially those in the beach resorts. Unless you have something constructive to do daytime, the place can be corrosive – but a fun way to go :-) Most bars carry the UK papers via those locally printed copy papers and the talk is indeed often about the UK.
Yeah. Sod ‘Leaving Las Vegas’. I’ll be leaving Phuket. Hopefully not in the back-wash of a tsunami though.
Fuck off and live in iran then if its so good
Fucked of 15 years ago.
The comment was about DIGNITY? NOT LIVING IN iRAN!
You are Arthur Spooner from TV’s The King of Queen’s. Can I have £5 please?
THAILAND ?????????????????
I live in Belgium with a long legged Latino beauty, 21 years my junior.
Middle of nowhere, large garden, rented house, 400 euros per month, in the sort of village, with village policemen, born and bred in village and village schools where they teach the kids respect for their elders!
ie everything most of you dream about!
Lots of graduates of the UFA (University of False Assumptions) here!
Of course, that is why you are all so easily manipulated!
Who is Arthur Spôoner?
I do not generally give money to beggars, Mr Grunt, but if you post your address I will put 5 euros in the post!
Nick, if I had a latino beauty 21 years my junior I wouldn’t be wasting my time arguing with Labour trolls. I’d be working myself up to a heart attack upstairs.
Where could I find a long-legged 21 year old Latino?
I spend half my life trying to keep away from xpats.
Nick no-one said that you live in Thailand. I have to say that Belgium would not be my expat posting of choice.
And I do hope you are at least 37 years of age ;)
jgm2.
mrs H is in the family way and feeling very delicate!
A sort of cross between jlo and C. Zeta jones!
God in Heaven, am I proud of that woman or what!
Barefoot Comtessa!
Nice to see you have a brain!
As I used to tell the Germans when they asked if I drank in the Irish Pub:
If I wanted to drink with the Brits I would have stayed in Britain.
I do not have one single Brit in my social life nowadays!
I keep my English alive via the Internet, otherwise I would forget it!
I have a heavily bandaged right hand and am unable to do any gardening at the moment, so I thought that I might remind you all that I told you so!
Pray for my speedy recovery, then I will not have the time to annoy the UFA’s!
Love and peace and if that does not work, slap the bastards!
One long repy awaiting mod!
Dr Mick, this part of Belgium is surpisingly wondeful!!!!!!!!
Barefoot Comtesa;
I do not have one Brit in my social life!
What planet are you living on? You might be lucky enough to be in employment which is why you can’t see the wood for the trees. Plenty of us out here are not.
Look and listen a bit harder. People from all parties are saying there is a recession. Mervyn has nothing to lose by telling the truth – something which Gordon has dodged from the word “go”.
If he was that good a Chancellor, we wouldn’t owe the sort of money we owe now. Just because he’s still spending, doesn’t mean that we’re home and dry.
Labour have been in power for 12 years and they have done nothing except rack up our debt to an alarming proportion. All the economists are saying it. Are you really that stupid? Just read the economic publications. It’s all there.
How does lying, bullying, hate filled, sulking, brooding, inadequate, misogynist Mcdoom smear and brief against the Governor now that he has affirmed twice in PMQ’s that he has no contact with the despicable celtic Kunt McBride?
Yesterday he was asked to to confirm his answer in writing to the Parliamentary Standards Watchdog.
I of course fully appreciate as Fraser Nelson asserts McDoom lies as easily as he breathes, so I guess they will both buy unregistered pay as you go mobiles like a pair of low rent drug dealers.
I want any dirt on this Tory loving King, he disagrees with me! Smash him!, Destroy him!
Damien please ruin him, I feel unwell when somone who I cant bully directly stands up to me, please Damian.
Moral compass, Presbyterian values, duty, honour, integrity, HAHAHAHAHAHAHAHAHAHAHAHA
noble scot = oxymoron
Certainly a moron!
The Penguin
Oxygen-depleted moron.
Now that’s just wishful thinking!
My mother’s scottish – highlander – don’t confuse the lowlanders – mostly protestants – with the highly dilectible and intelligent highlanders. They’re not the same social group.
I know a noble Scot when I read one – and you are anything but NOBLE.
BBC to publish executive expenses
http://news.bbc.co.uk/1/hi/entertainment/8118233.stm
Stuff that. I wanna know how much Marr is getting and what his expenses are and that speccy 4 eyed bald git Robinson.
This, stupid proles, is mere diversionary tactics devised by me and my team of bastards so that you don’t notice me handing our financial regulatory bits and bobs (I don’t really understand it) over to Brussels so they can fuck us up big time.
Those figures would make the Keens jealous.
You missed out ‘Tory’ as in ’speccy 4 eyed bald Tory git’.
It’s not the executive expenses that we care about, it’s their whole politics ‘news’ department salaries. A tenner says that Toenails earns more than than PM…
“A tenner says that Toenails earns more than than PM…”
Is paid more, probably.
He “earns” the same, for patently the same reason, that of maintaining the Liebore government in power.
Cannot see any other reason for the idiot (for meaning, see post #106 above).
What the figures actually show is that we are getting on with the job of spending your money at astronomical rates with f-all to show for it, and then when we got on with the job of running out of your money, we got on with the job of borrowing shit loads, and will tax you the same to pay it back, oh! and we just printed a load as well (and called it quantitive easing because obviously the public is too stupid to know what we really mean) – just like they do in dodge-pot regimes in central america or africa or something (cheers for the tip Bob M). And what with small businesses going out of business at a rate of 100 a day, and the unemployed piling up like dead fish in an oil slick, we are getting on with the job of lying to you through our god-damn teeth like the bastards we are.
Thanks Gordon. We know all that already but it’s nice to hear you have had what I believe alcoholics term a ‘moment of clarity’.
Balls and Brown’s economic strategies seem to have reaped more harm on the British economy since the leaving of the Romans. Why didn’t Blair control these pair of bozos? They make Sir Fred Goodwin look a picture of thrift and financial genius.
and sir allen stanford looks like an angel as well lol
They make Little and Large look like comedians.
Cameron didn’t put the deficit argument across yesterday – babbling on about whether public spending was going up or down was an own goal. Should have concentrated on the long term problems mounting up.
Agreed. I got attacked and accused of being labour. on yesterdays PMQ blog for pointing out Camerons performance was useless. At least some people (and all the papers) have recognised an objective assessment.
Absolutely correct. The failure of the rest of the idiots in the HoC to show this shower of socialist shite up for what they are is a disgrace. Brown has lied, lied and lied again. From the moment he first got near the dispatch box, to the 50 page memo needed to explain why the “golden rule” parameters had shifted by a couple of years, to his apology of a government riven by cowardice, mendacity and greed. And still they manage to cling to power. Cameron, Clegg et al, get your fingers out of your collective arses and FUCKING DO SOMETHING!!!!!!
They have a massive majority. They are not going to vote themselves off the gravy train a second sooner than they have to.
Cameron can do fuck all. Literally fuck all. he is out-voted. There’s no point him busting a blood-vessel. He just has to keep his powder dry and annihilate the fuckers come the general election. And then introduce retrospective legislation and prosecute them.
They’ll like it up ‘em – retrospective legislation and abolition of double jeopardy are things close to zanu liebore’s black heart.
Agreed Cameron can do fuck all in terms of getting rid of Broon but the least we can ask of him is a decent performance at PMQs. Yesterday he looked and sounded as if he had dropped some of Boy George’s stache into his coffee.
Oh, Prudence where are you now?
I’ve been spending some time with my old friend Nomore Boomandbust.
Cameron could press the panic button any time he liked.
He won’t, yet he’s had the goldenest ever of opportunities plopped, unearned, into his lap.
The country needs another Churchill. All the Tories deign to deploy is a pink blancmange.
Off-topic, but look behind Mervyn’s right shoulder.
http://news.bbc.co.uk/1/hi/business/8117388.stm
Yes, it’s our Jenny.
Sigh. Jenny, please come back.
The Daily Politics has never been the same since she left and that appallingly smug NuLab shill Anand took her place.
agreed she was a hottie
She made the programme worth watching – alas she had to be ethnically cleansed to ensure no British jounalists survive in the long term on the bbc.
BBC to show repeats of crime watch to increase ethnic diversity statistics!
She IS a hottie just not on our TVs.
She was a hottie on the programme.
What is our license fee for if not for putting hotties on TV?
Sky News and Sky Sports manage this
The last Labour Government brought Britain to its knees.
New Labour under flash Gordon is determined to finish us off completely.
its what labour do best
The Atlee government had to be rescued by loans from the USA, the Callaghan government had to call in the IMF. Who is going to rescue us this time? Don’t worry, we may enjoy being a colony of China.
best call ocene fiance then
And both Attlee and Callaghan were paragons of competence compared to Brown.He has to be the worst PM ever.God help us.
Just a man, with a mans courage (…ahem)
He knows nothing but a man (…?)
But he can never fail (… er, well)
No one but the pure in heart (son of the manse)
May find the golden grail (alternatively: arse from elbow)
Oh oh – oh oh
Flash
The classic sci-fi movies in the Flesh Gordon (note the “e”) series offer insight into the parallel universe of our superhero leader and saviour.
Especially for the tottie fans jollying around above.
Flush Gordon
Flush with OUR FUCKING MONEY!
or
Flush him down the toilet please!
In normal circumstances an attack like this by the Bank of England on the Chancellor, government policy and banking regulation would be a nuclear strike on the credibility of the Government.
It just goes to show how inured the media (some by design) and people have become to the mendacious news agenda spun by No.10 that this is being allowed to pass. I fully expect we will see further ad hominem attacks on Mervyn King to undermine his dissident stance.
The longer that Brown and Darling are allowed to debase the economy and currency the harder to recover it will be. Fortunately, the lies and inconsistencies are unravelling as we saw at PMQs yesterday.
Wouldn’t be surprised if Merv was replaced soon with a “yes” man.
They’re all yes men
That might not be wise as he would have a free rein to say what he thinks.
Another visit to HM is in order by Mervin the Paranoid Android. “I’m sorry to inform you Ma’am, the economy’s basically… er… fucked.”
As I sit here in my Common Purpose HQ office I’m not sure whether I should laugh or weep at the hyperventilating madness of you insufferable goons.
However, I’m no longer shocked that such ludicrous assertions could be made by those of the right wing lunatic mentality who subscribe to Guido’s blog.
It’s a simple proposition. Gordon and Balls know that by investing borrowed money now they can prepare Britain for the fantastic recovery she will experience in the next New Labour term.
Socialism means caring for the ordinary people, Toryism is providing for the rich.
And you follow-the-leader imbeciles have the cheek to point out that I’m insane!?!
Socialism means caring for MP’s first. You forgot that one.
Like your site – very entertaining.
Please devote more time and effort to your priceless blog.
I am sure that Gordon reads it avidly, and in his deluded state it shores up his self belief thus ensuring he ignores pleas to resign and thereby save the NuLiebore Party from utter destruction.
So do keep up the good work. Double and redouble your efforts!!
The Penguin
GREAT PISS TAKE WEBSITE, FANTASTIC, KEEP IT UP!! BRILLIANT
Great blog, but I’d rather not become a follower. Can you implement a ‘fellow traveller’ option please? I want to pursue a meedja career and will happily serve as a useful idiot for the cause.
A salutary warning from King but a shame he was as guilty as the rest in not either seeing it or speaking out before being run over by the runaway train. However there is one bit of good news. Anyone who belives the projections for French national debt lives in an alternate universe. Their version of the national statistics office is so corrupt they are still claiming Sarky the Dwarf is 5ft 6in tall. We will actually have the 3rd worst figures after France (and , of course, Italy – whose debt is to Rome escort agencies rather than the usual creditors).
I’d rather the money was being spent on Italian hookers than those five-a-day co-ordinaters who won’t even give you a blow-job for 20 quid which is all they’re good for before NuLab gave them an office, a clip-board and a ’status’ car just to hide them from the dole queues.
The BoE helped cause this mess so don’t have much time for King.
Darling is still a twat though.
Who owns the bank of ‘England’?
Who stacked the”independent” BoE Inflation and interest rate commitee with placemen like Blanchflower?
The existence of a central bank centrally manipulating interest rates is the problem.
Unfortunately many critics of central banking turn out to be monetary cranks and inflationists e.g. the social creditors.
Another piece of shameless plugging of one’s lonely blog. But I do like word, “psychophants”. Wish I’d said that.
You will Doc, you will.
Now settle down infants, today we are going to read from this book, and that is why I am going to read from it to you so that you can learn from what I am saying. Now, that is why I am going to get on with the job of reading to you about Economics from this book, Ecoonomics for Little Babies. So, are you sitting comfortably?
(Starts to read ahead, mumbling audibly to himself. Scratches his head).
Never mind that children, lets see what Spot the Dog has been up to lately.
I see we have now progressed from ‘its the right thing to do’ to ‘that would have been the wrong thing to do’.
http://www.telegraph.co.uk/finance/economics/5627352/Government-debt-Thatll-be-2.2-trillion-please.html
Comment in the Liebourgraph
Its Laurel and Hardy pure Laurel and Hardy – “That’s another fine mess you’ve gotten us into”
Are you a poofter?
He’s just a bit gay up top.
Mwahhhh XXXX
You are Lord Linley and I claim my £5
Media complicity. It started, oddly enough, in America.
Yes, oddly enough, as I sit here in our arts class in this sprawling facility situated in the leafy suburbs of Camberwick Green (known to the local peasantry as the nut house), and as I gaze winsomely from the window at the bank of swaying yellow flowers in the garden, I really do think that it started in America.
Ah well, back to my infant-like scrawling that I think looks like a daffodil. Now, where’s the blue crayola.
Stick wi’ Wordsworth laddie an’ none o’ yer Crayola Blue Sky mallarkey! Onny mair windae abuse an’ ye’ll sit wi’ yon Coulter lassie….
I wandered Lonely as an honest man in parliament…
Over troughing wails and shills.
The more you read this sort of thing, the more it looks like Gordo is doing it just to spite and hamstring the next government. Cheers Gord, much appreciated, you crazy hoon.
The recession is over? Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha.
It is possible that we are at the bottom and things are not getting any worse. And thank fuck for that because any worse would mean the UK going bust. But how long it will be before the economy grows again and how quickly it will grow are completely unknown. As someone who was made a government statistic a couple of weeks ago I can’t sat that there are many jobs out there.
There is no honour amongst thieves – Gordo continues to lie to Parliament about the parlous state of the economy that he has ruined. Blair must be laughing like chuff!
Why are you quoting the party motto of Dick Sniffin and the Pink Panzers?
A selection of “non jobs” being advertised in the Guardian is available over here on this blogpost:
http://johntrenchard.blogspot.com/2009/06/non-jobs.html
one example – “Stronger Communities Manager” on 46k
“You will oversee, co-ordinate and manage the stronger communities’ agenda across the Bradford District, providing leadership and co-ordination across the cohesion, inclusion, equalities, community engagement and resilience agendas. This will include developing an organisational development framework for cohesion and inclusion; delivering on the Council’s ambitions for ‘Excellence’ level of the equalities standard; and ensuring an effective contribution to the objectives of the district’s Sustainable Communities Strategy.”
If you can translate that into plain English, you are a better man than I.
Yup – no sign of a recession in the public sector. No wonder Mervyn King is worried.
In plain English, “another guaranteed Labour vote”.
If it was in plain English everyone would realise that they can do the job with their eyes shut. You can’t have any old riff-raff applying for these non-jobs you know. They don’t want people who talk straight, have loads common-sense and are able to tell it like it is.
Yes men only please….
(PS, BEFORE anyone goes off on one, I wasn’t insulting those who are in these non-jobs)
What utter b*llocks!
Once again my loony local council is wasting my money.
Had an interesting conversation a couple of weeks ago with a couple of plods and some form of “zanuliebour wannabee plod” whilst waiting to go give evidence in court against some local scrote – they all considered that the tension is building once again here and were off the considered opinion that we may well have another Manningham on our hands very shortly.
The reason behind the opinion seems to be that the local youths in that area are once again publically showing an arrogance that was seen shortly before the last riot – treating everyone and everything not of the same ethnic origin as beneath contempt.
Looks like another great summer !
If you keep carrying on like that I shall invoke the Civil Contingencies Act, suspend elections indefinitely and introduce compulsory ID cards.
A job trying to sort out the shit that multiculturalism has brought to Bradford.
Read it and weep.
Translation.
You will help the muslim colony of Bradford become even more isolated from British values at British taxpayers expense.
GOLDMAN SACHS REFUSED ACCESS NORTHERN ROCK WORK, LAWMAKERS SAY – June 25 (Bloomberg)
http://www.bloomberg.com/apps/news?pid=20601102&sid=aR5RjwkG_8Xo
I am sure we would all like to see a close audit of these millions paid out to “advisers”, no doubt a % of it into numbered accounts in the Cayman Islands belonging to UK state employees who helped grease the deals, after all is Jack Straw not the Chief Justice of the Cayman Isles? Could he not open up their shuttered windows to some daylight, phew, perish the thought.
Then also to include in all public sector contracts a clause that 10 times the fee paid will be returned to the British Treasury should any adviser refuse to allow an auditor duly authorised by Parliament and by any other public body awarding the contract, with interest at 10 times the Bank of England Base Rate running from the day following the date on which the request for access to the information was issued by either Parliament or the other competent public body.
And for the individual who signed the contract on behalf of the state body, personal liability as described above if you fail to include the appropriate clause. Once personal liability comes over the horizon, it is surprising how many people sit up and take notice and proper care about what they do.
Sorry to have to say this, but it is Pavlov and his dogs again. Do it once and the message will get home. Behaviour that is rewarded is encouraged. So don’t reward non-compliance.
You’re just so wrong, you silly boy. Everything and everyone can be accounted for.
The Penguin
I was assuming ‘theres no accounting for some folk’ was a reference to the Tory habit of keeping Belizean sleaze money off the books.
Feel free to take as long a break as you like :-)
The Penguin
When Brown announced the independence of the BOE and allowed it to set interest rates I always thought that the fuss made was exaggerated, and that in reality it wasn’t a huge step from the Chancellor and BOE Governor agreeing rates then published the minutes of their meeting shortly afterwards as had previously been the case.
I thought this because it seemed to me that the economy would go into free fall and there would be a run on the pound if it emerged that the Chancellor was seen to be at odds with the Governor of his central bank.
I was 100% wrong, since as the deranged Captain welcomes us to Stool Riviera and the Governor is heard muttering ‘looks suspiciously like Shit Creek to me’ life carries on quite peacefully, I wonder whether my choice of wheelbarrow and shotgun as Christmas presents was wrong.
I am informed that Gordon Brown has difficulty in hitting the water when he has a shit and often has poo smears up his back from the inability to use toilet roll in the correct manner.
I used to work with a chap like that, his name was Lionel and he quite often had to be hosed down after arriving on his moped at the quarry as he’d “lost control” over the speed bumps on the industrial estate. Once tried to put a claim in for fresh pants, and as they’d been chucked into the lake he attempted to prove the trouser-accident to management by showing them his fingernails. Charming fellow. A clsoe relative of Master baiter, one suspects.
Tooscat Tony
At first glance it looked as though you had written…
had to but a clam in for fresh pants
…ie a bivalve, which would have been funny.
But you hadn’t.
It remains a true story MB.
Tooscat Tony,
It’s nice to know you have managed to keep it for so long.
You seem the retentive type.
Ha! Master Baiter henceforth you shall be known as Poo Poo Pants.
how longe will i have to keep payeing back? just lefte skool and feelin vunrable.
No job, no prspektus, no hope, no training. used to be reely optamistic but now ime reely wurid.
msy (child of Browne and Blair).
That IS what your New Labour mates have done, to be fair!
Mervyn’s nickname at scholl was “Wan”
I bet it was ‘Penfold’.
Penfold…
http://en.wikipedia.org/wiki/File:DM3_3.JPG
He worked in Shoes?
Let’s just say that my feet were always comfortable!
Pity gordon’s Presbyterianism didn’t teach him the basic tenet of good economic sense
‘Live within your means.’ and ‘you can’t spend what you haven’t got.’
Nell It has nothing to do with saving Britain now, it has all to do with spoiling the new Tory government which will win the next election. Brown knows it is game over for him and Labour.
And its also about getting us irrevocably signed up to the EU. Gazooks!!!
I thought you’d died of an AIDS related illness in 1987, Timothy?
so we will get double fucked
Nell, ‘Live within your means.’ and ‘you can’t spend what you haven’t got’.
This government is complying with those rules. They are ‘living within our means’, and also ‘only spending what we’ve got left’ (plus a bit of what others have got left, called borrowing on the international markets).
They haven’t spent all I’ve got left yet, there is still that jar-full of pennies on the kitchen shelf. I’m finding a new hiding place for it.
Be seeing you soon……
Brown knows he will lose the next general election and is now causing chaos for the next Tory government. Brown is more evil than he is mad. The people he will hurt most are the British public, he should be stopped now. The people need to march to Downing Street and make him call a general election before the country completely collapses. The situation is very serious folks!
yep; agreed.
If such a march is organised, publicise it here, and count me in.
Correction – the people he will hurt most are the English. McHoon’s notion of “solidarity” is with the clan, not the proles.
Agreed! But when will someone organise a proper event, stock up on the petrol bombs and baseball bats and let us have the date, time and place to gather?
At the moment, there is lots of talk, but that is all. We need action to prise Brown’s bitten fingers off the tiller and make him walk the plank!
As posted earlier:
There will be a protest on Monday the 29th from 11.AM in Parliament Square.
There need to be as many people as possible to tell Brown that we want him and his bunch of crooks out. We need a General Election NOW.
Please come and join. Bring your own banner. And tell all your like-minded friends and acquaintances.
We also need media exposure so, write/call the national and local press. Also call your local taking radio.
If you want to get rid of this shower, doing nothing is not an option. For the sake of yours and your country’s future, it’s time to take action!
E-mail Robert Bryan, the guy who has started the ball rolling: rmbryant@hotmail.com for information.
Kick your sad arse more likely.
The Penguin
The markets (domestic and international) have definitely assumed that labour are going to get kicked out at the next election. If for some horrible reason labour don’t get kicked out, then the markets will collapse entirely and our currency will become worthless.
Everybody on the planet apart from Brown knows that under labour plans we’ll be totally bankrupt/ruined within around 24 months; an election next june will only just be early enough to save us if we’re lucky. By then it might be too late if brown continues his “don’t care about debt; let’s just scorch the earth and spend as much as humanly possible to spite the tories” approach.
The markets are looking at things very closely right now and biding their time; any sign of more deliberate scorched-earth policies before june 2010 and our stocks/currency will be dropped like a stone, our debt will be called-in by the chinese (or the rates massively increased), and our rating will be downgraded massively.
We’re in very very dark waters right now; more scorched earth by Brown and he’ll push us over the edge.
Ideally we need an election right now to save us, but failing that the best that brown/labour can do is to just leave things alone and let people like King decide what to do on the banking front.
For fuck’s sake, Brown; don’t announce any more spending increases you wanker.
the only flaw in your argument is the appalling realisation when the cokesnort kid becomes Chancellor.
If you really think and believe the recession is over then you are an utter and total sheep believing the crap they feed you.
Use your common sense – it’s not difficult – there is no way the recession will be over until we start producing revenue, one way or another.
The BoE printed 75billion a few months ago and that is sloshing around but will soon run out and they’re not allowed to print any more.
Everything’s going to get a whole lot worse! The economics pundits just dare not say so, might have a bad effect on the stock exchange or the housing market, something all the troughers have got an interest in.
Education sadly lacking, Midden is spelled “MIDDEN”. Got that?
The Penguin
O/T, but news of a very significant step in Brown’s development of the Police State, from the Brighton Argus:
“Police to check Brighton residents one by one in anti-terror plan
6:00am Thursday 25th June 2009
Police will be checking the identities of people living and working in 1,000 city centre addresses, to make sure they are not terrorists.
Sussex Police plan to visit thousands of residents in the area around the Brighton Centre, in the lead up to September’s Labour Party Conference.
The conference security scheme, codenamed Operation Otter, has been justified by top officers who say the steps are necessary at a time of heightened international security.
During the conference, from September 27 to October 1, police will seal off a secure ‘island site’ around the Brighton Centre, Hilton Metropole, Grand Hotel and Russell Road car park.
But residents and workers further afield will also have to prove who they are.
Police working with Brighton and Hove City Council have already sent letters to businesses and homes around the conference centre which will be affected by Operation Otter.
Officers will visit homes and ask residents to show an identity document like a passport of driving licence, as well as confirming their address with a bank statement or utility bill.
The names will then be checked against the police national computer to check whether they are wanted or suspected of terrorism.
Superintendent Grenville Wilson, planning coordinator for Operation Otter, said: “We will confirm their ID with open source validation.
“They have to get an ID document like a passport and a utility bill that’s got their details on it.
“It is so we know who’s living within the area. “”
http://www.theargus.co.uk/news/4457630.Police_to_check_Brighton_residents_one_by_one_in_anti_terror_plan/
so dave was right about his show me your papers thing last week ?
The bomb detonated at 2:54 a.m. Thatcher was still awake at the time, working on her conference speech for the next day in her suite. It badly damaged her bathroom but left her sitting room and bedroom unscathed. Thatcher and her husband Denis escaped injury. Thatcher changed her clothes, and then was escorted by the security guards to Brighton police station. She and her husband were then taken to Sussex Police Headquarters at Lewes, where they stayed for the rest of the night.
BOOM!
That was the Irish wasn’t it?
Not all of them.
So why didn’t Mrs T (PBUH) roll out ID cards?
Maybe she wasn’t the fascist that moronic lefties claim…
“Perhaps” Moronic lefties are fascists!?
Bit like operation Valkyrie really.
And I suppose you get arrested under anti-terrorism laws if you tell them where to go?
Oh, plod. Do go and fuck yourself won’t you. Come back with a court order if you want to come on my property again.
Although it’s very much secondary in gravity compared with this further evolution towards a police state, WE are also having to financially contribute (£6.1 m as against £3.7 in 2005) to the policing of a party political (not a ‘government’) event
It would be a fucking great result though, if the ayatollahs could lob a fair-sized nuke onto Brighton while the NuLiebore WankFest was in full hand shandy. You’d get not only the marxist traitors, you’d get a fair number of lobby cock-suckers and bbc fellow travellers.
Not to mention a goodly harvest of gayers.
And possibly an elderly relly in Hove, so I’d be looking at a windfall.
The Penguin
Possibly you’d get me too, ya c unt!
Yes, Brighton may be a mess, but at least I can attempt to swim to safety if the Nu Labiah nightmare gets any worse.
I am hereby notifying you that I will be visiting my solicitor in the morning to instruct him to draw up a coda disinheriting you from my will.
Dogger,
Good. Bugger off to France you bloody cheese eating surrender monkey.
Well I hope they recover the cost by checking tax discs on vehicles at the same time. But they’ve probably thought of that already
It won’t do them any good.
Everybody can see that they now live in fear of the electorate, not terrorists, and they can’t hide forever.
Labour MPs will have to ask for political asylum after the election, if there is anywhere that would have them.
If they are that worried by terrorism they should hold the conference somewhere like the Excel centre as was done for the G20.
Perosnally, if I lived there, I’d tell them where to get off. What law allows them to demand ID? All the local residents should passively resist.
Papers please
I used to live in Brighton – place is full of arseholes – but even they don’t deserve this.
Actually, some of them would, but I’m still not keen.
“I used to live in Brighton – place is full of arseholes”
Indeed – and well used ones at that!!!!!
What are Newlabour worried about? What are their security measures going to cost the town? How much will be welded on to the community charge bill to pay for this security? I don’t think newlabour are afraid of terrorists, I think they are afraid of the British people who are incandescent with rage about the expenses scandal, and the incompetence with which they have dealt with the economy, bringing the country to a state of bankruptcy.
It’s about 90% alcoholics living in B&B’s in that area of Brighton. More alcoholics per square inch than Fleet Street in fact.
There is also a sizeable number of properties in the area that are let as holiday flats. Not sure how happy I would be if, having forked out £700 for a week’s let, I was denied access because I didn’t have a utility bill, though the way the story is worded suggests that could happen. And, presumably for that week, anyone in the ’security island’ will be unable to host guests in their home.
And whatever you may think about alcoholics, they have a right to a sense of home as much as anyone else – or would you prefer them to be homeless acoholics?
Three Labour candidate posters appeared in the window of neighbours’ houses on my street in Hove within hours of a local by-election being declared recently. All three houses regularly spew-out champagne bottles into their kerbside recycling bins and their occupants would come close to being classed ‘alcoholic’ under established medical guidelines.
Replace the subsidised bars in the House of Commons with Pret a Manger franchises – and see how well that goes down.
Blah blah blah blah blah…..blah blah bloody blah.
More than a few chapagne socialists in Skidrow on Sea, Hove is full of BBC types.
We’ve had these conferences near where I work. They’re a pain – roads closed, snipers on the rooftops, you’re walking along and a little red laser dot appears dancing on your shirt. The really amazing thing is the quantity of Plod they turn out for these conferences. There are thousands of them, standing around doing nothing, not Plastic Plod either but full-time proper police. You might think they were inflatables but they can be seen to move against the wind from time to time. Where are they the rest of the year?
Put into storage until next time…….
Any wonder we can’t get bobbies on the beat when the police have to pay out a small fortune in wages for these gigs?
The joke, of course, is that it’s Brown and his demented band of loonies who are the real terrorists.
I was fortunate enough to be taught by MK at university – he is a very sound economist with a very practical view of life. Not at all political (at least then) and very open and straight forward. He must hate having to interact with this bunch of lying and incompetent toads – especially as GB claims responsibility for all the past “sucesses” while ducking any blame for the problems. The carve out of the FSA from the Bof E was problematical from the start – the old Bof E men soon left to be replaced by city spivs. Result disaster.
I’ve read the papers and I’ve seen the comments here. I have to say that actually, my old chums, you’ve not got it quite right. What I really meant to say, and which has obviously been lost in translation, was that I was asking Gordon for a job. I’ve masked it in terms that he will understand and that hopefully, he’ll give me a call and put me on the GravyTrain Payroll. I need a new greenhouse for the garden and the country manor needs a lick of paint! Anyway, got to go, I think I hear the phone ringing…..
Why do they call it ‘Fiat’ money? Is it because it’s mass-produced and crappy?
Indeed !
Fiat = Fix It Again Tommorrow
LOTUS
Lots Of Trouble Usually Serious
Ford = Frequently Offroad, Rarely Driven
or Fix Or Repair Daily
If they print enough of it will it be known as fiori money. Cheaper than burning coal
it`s called fiat money because it is debt, not actual wealth.
All money is debt based, none is based on wealth.
In fact there is not enough cash in circulation to pay all the debts, it`s how the banks operate.
taxpayers alliance – “non job” section
http://www.taxpayersalliance.com/waste/nonjobs/
interesting reading.
I think the word you are looking for is ‘depressing’
And Brown wants more of this crap.
With an incoming Iraq inquiry and lies about the economy, Labour might as well shoot themselves when they are up against the wall. They do it so well.
This country has a progressive disease, and the longer it is allowed to progress before curative action is started, the longer the recovery will take.
As with all diseases there comes a time when the pathological changes are irreversible and there is an interlinked cascade of organ failure. The result is death.
The cure for our disease requires an election. Those who are denying us an election, (and that means every single MP in the Labour Party), are killing the country they have sworn to serve. They deserve to be stoned in the streets and attacked wherever they go.
Hard to disagree with that dispassionate and objective analysis.
In other news the porn-queen is whining about how terrible the whole expenses thing was for her.
Walk a mile in our shoes you incompetent bitch. Mind you she might like that. Especially if you made her do it in a gimp mask.
Labour MPs had their fingers crossed when they swore the Loyal Oath. From fellow-traveller (at least) Wilson on, the objective of Labour has been to get their country run by another country. If it’s a non-elected socialist autocracy like the EU, that’s even better.
You are talking bollocks. Recession over? Tell that to anyone who owns a small trading business or to the ever rising queue of ordinary people who are joining the dole queues or to the hundred thousand or so students graduating with no prospect of getting a job in the foreseeable future.
New Liars land of milk and honey may work for the fucking bureaucrats and council non job arseholes but it sure doesn’t here in the real World.
sad is it not, we will soon at this rate be counting down again to when the IMF come in and have to do the job that our politco’s won’t do.
If the people of Britain are being taken for the biggest ride of their lives why then don’t they’take to the barricades’ the streets or whatever? What is the percentage of APATHY in the country? Well, the goverment knows very well what the % is! and also know that the ‘people’ will do NOTHING! Britain’s ‘fortunes’ have been sliding into a ‘black hole’ since the onset of the First World War, the war to end all wars!! which will result in a ‘country fit for heroes’!!!! Sadly the demise of the British Empire has produced what is taking place today. Is it not odd that, for centuries we fought to keep ‘EUROPE’ OUT, then we built a tunnel having joined them! We should have paid more heed to 1. DeGaulle, and 2. Enoch Powell. Where oh where are politians with honest aspirations, backbone and the desire to IMPROVE Britain? Additionally, who call a spade a spade and who permit Xmas decorations, and the devil take the hindmost. It is abject cowardice no more no less. For me, someone who cannot see is BLIND, always has been, and NOT visually impaired!!!! A very very small example I know, but from little acorns etc. No, the word gutless and incompetant come to mind. I wonder who invented the ‘Angel of Mons’? My money is on a Politician, cosily behind the lines dreaming up more and better ways to make them , happily go ‘over the top’!!! Its boring its obvious, its repetative, its totally disgusting, I am of course referring to the current bunch of confidence tricksters in goverment! One soloution of course would be ( tho’ a tad extreme!!) the 9 gram solution, ( lead of course) that would produce rather a different outlook on the part of their replacements, ie. we had better do a better and much more honest job, SUPERVISED at ALL levels AND who are PEOFESSIONALLY competent! As I no longer live in the UK, but would return if only the IDIOTS currently running the country were replaced by WHATEVER means, they, collectively deserve no mercy at all. Thats it folks, could go on AND on but, to what end, thankfully I’m not there, you are!!! Alex. Selkirk.
The English have been schooled to accept globalisation and all the threats to their sovereignty and identity as liberal and just in recompense for their tyranny of imperialism – don’t expect revolution any time soon.
Yes, and any valid, negative comments are deemed racist,xenophobic and almost treasonous by our mad PC Govt.
I’ve shat ‘em
Very glad you are and inend to remain out of the UK. Regardless of political beliefs some of us believe in the ballot box. Only one year to wait. ps judging by your political beliefs I assume you are a Pink Panzer and holed up in the far east with Gary Glitter.
and there my dear anonymous friend you are quite wrong!!! I am not in the far east with G.G and, i dont actually know what a ‘pink panzer’ is? As a certain general sais some time ago, ‘I shall return’, he did’nt in fact, but I will, when we have independence, and can leave you lot to it!!!!! Man Friday( AKA DD!)
The flower of British manhood was obliterated in the First W W. We have been struggling ever since.
A country fit for heroes? A country fit for immigrants more like.
I have often wondered how many of those brave young lads would have gone over the top in WW1 and WW2 if they knew what they were going to die for.
My grandad would be turning in his grave.
My grandad say the beer nowadays is such rubbish he’s glad when he’s had enough.
The Penguin
Whenever we think of politicians please remember this conversation between five eminent surgeons. (With apologies to those who have heard it before)
The first, a Manchester surgeon, says: ‘I like to see accountants on my operating table, because when you open them up, everything inside is numbered.’
The second, a Liverpool surgeon, responds: ‘Yeah, but you should try electricians! Everything inside them is colour coded.’
The third, a Newcastle surgeon, says: ‘No, I really think librarians are the best; everything inside them is in alphabetical order.’
The fourth, a Birmingham surgeon, chimes in: ‘You know, I like construction workers…those guys always understand when you have a few parts left over.
But the fifth, a London surgeon, shuts them all up when he observed: ‘You’re all wrong. Politicians are the easiest to operate on. There’s no guts, no heart, no balls, no brains and no spine, and the head and the arse are interchangeable.’
The mess Gordon is leaving is absolutely astonishing. He sits in the Bunker, obvlivious to the real world recitiing his line that labour will invest more and the tories will cut. He is mentally ill
We need big cuts now otherwise we will be finished as a big economy
- no id cards
- no nhs computer
- no trident
Labour will leave such a mess they will be in opposition for over 20 years – Brown makes Michael Foot look like a good leader
Don’t be so harsh on poor Mr Foot
Michael Foot was never in government as a leader, Michael Foot has more in common with William Hague or Michael Howard who were beaten also in general elections, only far more comprehensively than Foot was beaten.
Good Morning CharlesM186
I hope that I am able to count on your vote.
These are LibDem policies and in addition we will stop higher rate taxpayers geting tax credits.
Thank you and good day
“We need big cuts now otherwise we will be finished as a big economy”
It’s much worse than that; we’ll be finished as an economy, not just as a big player.
It’s reaching a tipping point; once we go over the edge things will snowball because the chinese will increase our interest rates, our currency will sink, and we’ll be in zimbabwe territory economy-wise with a debt where we can’t even pay the interest and a worthless currency. We’re very close to that tipping point; once it starts it’s almost impossible to stop.
Brown refusing to admit reality and continuing to increase debt without a care in the world is a time-bomb; it might well go off before june 2010.
As someone else commented above; we need a march to downing street and parliament to get these people kicked out before we reach the tipping point. I fear we’re only weeks away rather than 12 months away from that tipping point.
It’s all a big gamble from Brown now. Can he continue to print and borrow cash and dump the whole shitpot into Camerons lap before the inevitable happens and the IMF pick up the phone.
It is shit or bust now for Brown and Labour. And Merv is trying to bring the moment of ’shit’ forward so that it rightly gets dumped in the right persons lap where even the brain-dead 21% can see it.
Because if Brown succeeds in lashing another 200bn of debt around our neck before fucking off to the obscurity and mass humiliation he deserves then he will have had his final ‘victory’ over all of us. He is the worst sort of misanthrope. Not only does he hate people he goes out of his way to seek more power so that he can fuck over even more people. He’s the misanthropic equivilent of a paedophile priest.
His strategy is obviously to carry on the spending for as long as possible and leave Cameron’s team with the IMF in resedence at the Treasury and in control of policy.
Another suggestion is that his “Civil Contingenies Act” passed a couple of years back allows him to call a “National Emergency” and use this as an excuse to postpone the election.
Mervyn was brave to be as direct as he was yesterday, let’s hope there are a few more people in similar positions will the guts to do the same.
No question. This is just pure vindictive spite. We, the people, are being used as weapons against the Tories by Brown. He knows he’s fucked the economy. he knows it’s getting more fucked with each passing day but his big gamble is to try and preserve the lunacy until the election and then dump the shit on Cameron.
And as spoofs like MB et al show, albeit in a trolling manner, there will be no end of apologists, agitators and bastards from the left blaming Cameron for the tough decisions that have to be made just as their face still contorts with spite as they spit out Maggie Thatcher’s name.
Thirty years from now, with the same kind of collective memory failure we could be in a similar position. Another glib-faced, slack-jawed intellectual muppet like Brown trashing the economy just to spite the guys who have to sort it out.
When he is finally ousted he should be made to walk back to fucking Kirkcaldy so we can all come out and hurl rocks at him. Better still, drag him behind a car like a big ‘just married’ decoration.
The evil, evil bastard.
Agree with you, anon, but this has been on the radar screens for a while. I got out of Sterling over a year ago, and will air-lift my loved ones out of the UK next month. No grieving, no reminiscing, no looking back. Time to start a new life in a (Scandinavian) country where the political body and the economy have not been screwed over by NuLab.
Just as well you did, it’s flying down against everything today – I think Mervyn’s comments were not taken too well by the markets.
How long before there’s a massive run on the Pound and the hyperinflation kicks in?
More and more like Zimbabwe every day
Mervyn King is in control of events.
If and when he stops Quantitative Easing, the market for gilts will be severely affected and a crisis precipitated.
Brown is in the same situation as Madoff. All he can do is carry on doing what he’s always been doing until events catch up with him. Other people will have to pick up the pieces, of course.
That’s about the strength of it. Brown is now dependent on printing more money to ‘buy’ more T-Bills to print more money to pay 200bn quid to his client voters.
Repeat till hyper-inflation catches up.
He is the white man’s Mugabe.
Good analogy there Dr Mick. You are of course completely correct.
There is nothing he can actually do that will make any positive difference, all the Hoon is doing now is making Cameron’s first few years’ life in office as difficult as possible.
Who says the recession is over? I have seen comments in the media that the ‘worst’ of the recession is over but that is very different from moving in a positive direction. The wild spend/borrow solution taken by McDoom has just spread the trough over a longer period. This means a long slow climb out, hampered by us having to repay the debt mountain from taxation. It also assumes our credit is good enough to keep on borrowing.
Of course,when inflation rises,that will reduce the value of the debt to be repaid. When that happens,interest rates are likely to rise, furtehr reducing our ability to boost the economy.
Pray tell, having growth in the economy based on borrowing since 2001,which is no longer going to be available and with no plan for replacing that with a proper economy,exactly how will growth be stimulated to a level where we move in a positive direction as well as repaying our debt mountain?
Much money has been wasted supporting,for example,the car industry which has a global over- capacity of production of 30 million vehicles. A total waste and a chance to deal with that issue has been lost.
It will take an exceptional talent to pick a way through that minefield and I do not believe there is one in any political party with the intellect and the courage to do it.
Bold solutions are required,as fixing what is there will lead nowhere. Why is no politician addressing this question?
One must ask why this money has been spent on the motor industry, given that most of Zanu Lie Baaah’s policies since election in 1997 were the policies of envy and “teddy out the pram” which were designed to harm especially the likes of Land Rover and Jaguar. Aston have sufficiently low numbers and sufficient cachet that they were going to be relatively OK, but the would-be car owning middle classes have been hammered, and the company car driver hammered more than most. Oh, I forgot. McSnot-Gobbler doesn’t (?can’t) drive.
New Liars cannot organise a piss up in a brewery. They take the same attitude to Public Spending as the House took to its expenses. They think they have a licence to print money with no consequences.
New Liars have just about fucked up every project/policy they have addressed be it the NHS/Defence/Transport/Education/Training, the list just goes on & on. There policy is throw money at it and all will be well but they have singularly failed to realise that projects need to be managed.
The current management style pervading is: Lie and if that doesn’t work then Bully and if that fails then smear and if all else fails then throw something and queer everyones patch.
The bomb detonated at 2:54 a.m. Thatcher was still awake at the time, working on her conference speech for the next day in her suite. It badly damaged her bathroom but left her sitting room and bedroom unscathed. Thatcher and her husband Denis escaped injury. Thatcher changed her clothes, and then was escorted by the security guards to Brighton police station. She and her husband were then taken to Sussex Police Headquarters at Lewes, where they stayed for the rest of the night.
The undead can’t be killed.
Your time will come Artyhur. I’ve got my eye on you.
I’d get your eye back in the dictionary first.
Arthur, just think, if that bomb had been successful you’d probably be President for Life of the People’s Democratic Republic of Little Britain by now.
Hail!
Yup. you’re still animate.
Well said.
Hear, Hear!
The Penguin
Corus just announced loss of 2000 jobs at its SHoonhorpe plant. A shambles indeed.
Yes wasn’t the privatisation of the national utilities a bloody good idea – for the illuminati
Not as bad as giving the EU the power to decide exactly how much steel each country is allowed to produce?
Out NOW!
Fuck off you sad Scot-Jockey and stop wasting out valuable time. You really don’t have anything to say, do you? So why say it?
everyone (sane) knows that we cannot just keep spending……..that giant hoon mc mental goes around the globe dishing out money to 3rd world countries-
yet cannot see that many of them have debt problems because of financial mis-management!!!!!!
it took us 60 years to pay the yanks back………
i have a feeling that we will NEVER escape gordons debt……
where will the money come from?
the oil and gas are running out……
industry only makes up 11% of the economy…..
and gordon thinks that selling each other crap on t’internet will make us rich!!!!!!!
ffs!
where’s our microsoft? cisco systems? intel?
get out while you can my friends……
If you paid back the debt another crisis would be created from which the central banks would benefit, will you never learn?
What did you think of the play?
The Penguin
Why can’t a Zambian monkey shit on Gordon Brown during one of his press conferences? Oh, if only…
He resrves that particular fantasy for the meeting of the lodge on thursday nights.
IfI borrowed one of those big cannons we use to fire frozen chickens at 300MPH into jet engines to test them but instead fired a Zambian monkey into Gordon Brown’s face….. would that do?
Thank you for your call.
Sorry, the chicken shooter is mothballed. We don’t anticipate making any more engines in the UK.
Please try later on next decade. It will be in either Germany or the far east by then.
Not frozen chickens!
The Penguin
That cheeky monkey knows how to treat politicians with all the respect due to them.
TAX FREEDOM DAY!
Yes today. You have worked this year all of Jan, Feb, Mar, Apr, May and now, to nearly the end of June just to fund New Labour Debt.
The traditional Tax Freedom Day measure only reflects the money actually raised by the government in taxes, not the full amount it spends. If the government deficit is factored in, Tax Freedom Day does not come until 25 June (the worst figure since 1984).
This gap between Tax Freedom Day based on actual revenues and Tax Freedom Day based on government spending is now the widest it has been since the early 1970s – and possibly since World War II.
NONE of that is on the BBC News homepage right now… where are you looking?
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
It has been at least 5 minutes since I last said it and Peter says I have to repeat it 1000 times a day or I am toast.
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
Can I just mention that the TORIES WILL CUT EVERYTHING BY 10%
feedback loop…feedback loop…reset…reset
hardworkingfamilesitstartedinamericagrandglobalbargainlessonswillbelearnedpassmeanokiayespeterwhateveryousaymasteriwillobeywithoutquestioneverydayineverywayimgettingbetterandbetterinotonlysavedtheworld….
and no doubt ‘getting on with the job’ the job of destroying the economy of the country, that will take years and years to repair, what a legacy. That is why we need a change of direction now, not next week, not month, certainly not next year. Now. Oh and by the way, the famous, I am doing my job from 2007 after the floods, people are still living in caravans, what a great job you are doing…..not, go and go soon.
That was Shaun traitor woodward’s idea, placing that 10% idea into the gorgon’s head.
No, no, no – they are a do nothing party. Haven’t I said that before.
Though I suppose the cuts might start in America and then come over here.
But what you forget is that the majority want cuts of way more than 10%.
The more you bang on about it the more votes will go to the Tories at the next election
Someone should tell Gordon of Mister Micawber’s maxim.
You mean Master Squeers don’t you?
And while Brown takes bigger and bolder steps towards securing the country’s financial meltdown beyond any hope of recovery, we all sit in our armchars and tut tut as the kettle boils for another cup of tea.
Until Cameron is prepared to ask the difficult questions, like “Where are you getting the money from”, we have no hope.
If we, the right thinking polulation of the UK are prepared to sit back and watch, we can hardly complain at what Brown is doing.
Why are we not insisting on an election ?
Why the FUCK is Cameron not crucifying Brown in the press and on TV ?
It’s all well and good at PMQ my lad, but less than a tiny fraction of a percentage of the population are going to see PMQ for for what it is.
Brown shouting “10% cuts” every second phrase will start to sink in, and by God we need a better defense than “not really sir, honest, we.. um.. wouldn’t, you know” (spoken in a VERY very quiet voice).
Brown is increasing our national debt by millions per hour, billions per day, someone needs to do something NOW.
Cameron, you are our only hope, now get off your arse and DO SOMETHING !!
They’re all playing games with the future of the country. They don’t care about the man in the street.
They’re all shits and deserve shooting. Cameron is shit, no passion or guts. He is like Blair without the enthusiasm.
Hang them all.
If Cameron’s our only hope, will someone kindly give me a pearl-handled revolver and a stiff drink?
No longer available, Observer, due to difficulties with the IMF. There’s a used razor blade and half a can of Red Bull in the air vent.
Yours, Against opportunism and political betrayal.
Given that it’s clear you haven’t the faintest grasp of economics, I think I’ll give your blog a miss, thanks.
[...] and even his own front bench have made their rejection of his mantra implicitly clear. And now Mervyn King has made it clear that the government needs to be honest about how drastic the necessary cuts will [...]
Oh right, so Merv is a proff in economics, is he?
He must be right then, NOT, you hypocritical fuckin Hoon!!
If he was saying anything other than attacking Labour, like all other free marketeers you’d be saying that all economists were wankers.
Won’t be too hard to find that quote from you somewhere.
What a useless eejit you are, eh.
I’m sure your patron Lord Ashcroft will be thinking he backed a loser when he picked you.
Wo
Morning, Dolly.
Awaiting censorship…….
Awaiting censorship by the cowardly hypocritical Geedo git.
Sound the alarm.Nokia incoming
If its not Derek, he should go and see him for some anger management. Or anything else he could offer.
Gordon Mugabe Prime Minister of Zimbritwe
I think you’ll find, Dolly, that Mervyn King’s qualifications are a great deal better and more genuine than your own dubious ones from “near Berkeley”.
The Penguin
Who gives a fuck what quallies he has!!
The better qualified an economist is, the less able he is to think straight – according to free marketeers like the hypocritical Geedo Hoon.
That’s the whole point, ya dipshit!!
Not that an arsewipe right-wing camp follower like you will be doing too much thinking above the navel…..
Now fuck away aff ya borin scrote
Even now Mervyn King (who looks like my uncle who lives in Brum!) has gone public, they will still ignore him. No, make that they will especially ignore him, now.
More expensesgate and mixed reviews for Bercow
EU orders Britain to be transparent with regard to its financials with regard to the use of public funds for public services. Britain has nothing to hide, surely?
Nothing to fear, nothing to hide.
Papers please. Vere are your papers?
Gordon Brown, you, useless, retarded, stinking, Jockistan shit Hoon. You will not have a happy retirement. Trust me, you won’t and that goes for your thick ankled beard as well….
Listen up, anonymoron.
You’re a pipsqueak fuckall. No one cares what you think or say or do.
Pot, Kettle, Pot, Kettle.
The Penguin
Christ!!
You really are a boring fuckin shite.
Not surprised you’re running around everyone elses blogs. Yours is pisspoor crap.
Suppose that’s why it’s so lonely over there, eh?
She is not a ‘beard’. If she’s ‘cover’ for Brown’s alleged homosexuality then she should properly be referred to as a ‘whiff of lavender’.
Why not let Tescos run the public purse? At least they would drive hard bargains and obtain value for money.
Buy a motorway and get one free, three open heart surgeries for the price of two, a promise to open a new ward when the que is longer than three patients and NI card points too.
Bloggers, you have been warned.
Gordon Brown strengthens strategy to combat cyberspace war.
http://www.guardian.co.uk/politics/2009/jun/25/cyberspace-war-computer-hacking-fraud
Cyberspace – an area where ‘hostile states, terrorists and criminals can all threaten UK security interests’. Photograph: Nick Rowe/Getty Images Intelligence agencies led by GCHQ, the government’s electronic spy centre, are to step up operations …
1984
From my dealings with them, they couldn’t spot a terrorist if one came through the front door with a sandwich board that said TERRORIST HERE.
Bunch of clueless wankers, you have to repeat everything three times before they get it. There is more tech nous on this blog then in all of their hallowed halls. That’s why they have to collect so much information: they don’t know what the fuck they are looking for.
Right, that’s it! I am sending a PCSO round to your place pronto. Make sure the contents of your wheelie bins are in order.
34324/05 67545/07 55433/11 34534/15
11244/18 53466/21 32124/26 12334/29
15566/33 12456/38 98676/41 75555/47
When I was a bound apprentice in famous Lincolnshire
Full well I served my master for more than seven year
Till I took up with poaching, as you shall quickly hear:
Oh, ’tis my delight on a shiny night in the season of the year.
As me and my companions were setting of a snare ’twas there we seed a gamekeeper- for him we did not care, For we can wrestle and fight my boys, and jump o’er everywhere
Oh, ’tis my delight on a shiny night in the season of the year.
As me and my companions were setting four or five And taking on him up again, we caught the hare alive We caught the hare alive, my boys, and through the woods did steer:
Oh ’tis my delight on a shiny night in the season of the year
Bad luck to every magistrate that lives in Lincolnshire
Success to every poacher that wants to sell a hare
Bad luck to every gamekeeper that will not sell his deer
Oh ’tis my delight on a shiny night in the season of the year.
Merv called it spot on, seems like the banks have got the message as they have lending to plebs locked down tighter than a ducks arse, it’s only New Liars who continue to fiddle…..
June 17th 2009
PM Gordon Brown steps into Corus battle:
PRIME MINISTER Gordon Brown is to personally intervene in the Corus crisis.
http://www.gazettelive.co.uk/news/teesside-news//tm_headline=pm-gordon-brown-steps-into-corus-battle&method=full&objectid=23898578&siteid=84229-name_page.html
June 24th 2009
Steelmaker Corus is cutting jobs at UK plants including at SHoonhorpe
http://news.bbc.co.uk/1/hi/business/8118584.stm
Blaming Labour for wrecking the economy is about as pointless as blaming a dog for shitting on your lawn. That’s what they always do.
Blame the unbelievably unfair FPTP voting system which gave Labour 55% of Commons seats when only 22% of the electorate actually voted for them.
With that system you are always going to be f****d by utter morons voting for socialist theorists with zero understanding of wealth creation promising impossible Utopias. Attlee & Gaitskell, Wilson & Callaghan, Blair & Brown – when will they ever learn?
If Gordon succeeds in one thing in government it will be that he will have made us all financially equal and our children , grand children etc
S&P has already downgraded the UK outlook for the first time ever.
Does anyone know when the AAA rating is next due for review?
King’s nose is clearly out of joint, but whatever the reason we now have a central bank and an executive at loggerheads publicly over policy. Yesterday’s OECD forecast is part of an ongoing trend of downward revisions. S&P is unlikely to be encouraged by what it sees.
Brown is financing his ridiculous spree by selling Gilts to the Bank of England, which, in turn, is printing the money with which to buy them. This cannot go on indefinitely and the true market demand for gilts must be very different.
Is Mandy ready for the IMF to start running the show?
Will Darling sound as bumptious as Healey if he has a turn on Desert Island Discs in thirty years’ time?
2 + 2= 3
Close enough. You’ll do.
Master Squeers, – the gorgon takes up his new position.
…for small enough values of 2
I can help with the Budget figures although accountancy is not my strongest suit.
Darling uses the following maths techniques:
1. Cooke’s Variable Constant C.
C = mod(Ng-Nw)
where Ng is the number you’ve got and Nw is the number you want.
2. Professor Gorrowby’s Algorithm
“Public capital spending – that’s Gorrowby about £44 billion….”
3.
Mathematics started in America.
Hmmm, Nancy Dell’Olio…
Would you or wouldn’t you?
Not any more. :-(
DEFINITELY!
Oily Nancy ? is that a new name for Gordo
I cannot understand a fucking word she says. She’s only on every week so that Brillo can lunch her & nail her afterwards. Her £50 fee buys the first round of drinks.
Front and back.
The Penguin
The printing presses of Threadneedle St are running at full speed, fake money by the £billion and still it isnt enough. The end result of socialism is bankruptcy both moral and financial, its a certainty there are no exceptions!
Socialists hate and despise wealth creators and they view the wealth earned by the wealth creators as morally belonging to the ‘people’ to be cared for and used by the self appointed guardians of the people(the peoples commissars).
Socialism is bound to fail because it is a bankrupt ideology, in fact it bears all the hallmarks of a parasite infection, the parasites infect a body and feed off that bodies food intake stealing ever more as the parasites grow in size and number, usually a parasite infection has to strike a balance with the host or both will die.However with the socialist parasitical infection there isnt a balance to be found and the parasites grow and feed off the host untill the host dies of starvation, Maos China/Stalins Russia/Castros Cuba and all the other socialist infected states all prove the rule to be true.
The UK is doomed to repeat the tragic lesson again and again, socialism is an evil and bankrupt ideology based on evil and drenched in evil cause and effect, socialism never works, it brings misery and poverty,conflict and hatred wherever it rears its ugly head.
Great Britain could be the richest nation on earth, its entirely possible that the UK could have gained that status had we seen the socialist lie for what it really is and if we as a nation had rejected its evil ideology a century ago, the British people however were hypnotised by the cunning lies of socialism not once but several times and again and again the British people elected the lying socialist snake oil salesmen, lets hope that after this national disaster we never ever believe the socialist lies ever again!
But, newlabour has never been a socialist party. So what are you going on about?
Are we in the Shit then???
I do hope so.
Yes. We are so deeply in the shit that we are invisible even to deep seismic surveys. Fuck all visible even on 500-fold 12 second records.
There is no requirement for any further shit and so most of the spare shit has fucked off out of boredom because there doesn’t seem to be much going on.
That’s how deep in the shit we are.
I, however, have a plan. It involves lots more shit.
I’m in.
Did somebody mention shit? I’m in!
The reason Gordon can get away with boasting about Spending more and more is because most of the sheeple have not yet felt real hardship from the recession.
Your average numb nut on the street still thinks we can spend spend spend. The British people have been conditioned to think you can endlessly spend non existant money. It will take a rocket up the arse like stopping benefits to wake the average idiot up.
The first rule is we never talk about censorship.
The British Parliament should introduce a new rule which would be as follows. If a member of the house distorts or gives an innacurate answer then the leader of the house should reopen the following weeks debate with a correction and ask the member why the facts were distorted. Two important points in question is the failure the prime minister to accurately detail spending; what is spent today is for todays books not for tomorrow as we learnt with the banks. The second point is the distortion of the facts regarding William Hagues version of the enquiry into Iraq and Labour’s distortion of William Hagues requirments. If Parliament cannot hold itself accountable then the Spin will carry on.
Still on the bright side we’re not in the Euro, Ireland in a right mess as a result
http://www.independent.ie/business/irish/long-painful-road-to-recovery-lies-ahead-1789196.html
and to think if only Alex Salmond had got his way …..
Ireland may be fucked but it is at least taking the steps to get itself un-fucked. Brown is just pretending that all he has to do is print more money and the economy will pick itself up and we’ll all be off borrowing more money to buy insanely over-priced houses from each other by Christmas.
And even if he’s right and the numpty voters get their hands on another 100bn quid to squander like was happening in the ‘boom’ years we still have the same underlying problem. It’s utterly fucking unsustainable.
That’s the problem.
Spot on. What a sad state of affairs we are in when the only hope our country has is if house prices can be re-inflated to ridiculous levels again. What a joke of an economy this is.
Agree our lot are doing sod all to face up to the problem. UK unlike Ireland is not handicapped with an unrealistic currency arrangement, that’s why UK should be coming out of this mess quicker but is being pushed towards penury by lying politicians who can’t tell it as it is.
The Euro.
One size fits none.
Who thought that a single currency for spain latvia germany ireland and poland could possibly be a success (apart from EUSSR commissars)?
Their logic was that if you have one foot in the fridge and the other in the fire, then your overall body temperature would be statistically comfortable.
The dollar works OK in the US, and the Yuan in China.
There is no reason why the Euro cannot work with the right political will.
Given you have regurgitaed the “EUSSR” humour, it is clear that you cannot think for yourself, so never mind.
Mong,
There’s one people and one economic culture accross both areas.
It is you that is wrong. The last thing the EUSSR needs is yet more political will.
The EUSSR should be writing it’s will as it’s killing the economies of the peoples of europe.
One people in USA? So African Americans and European Americans and Native Americans is one people, but lots of European people who speak different languages are not. Interesting logic.
One people in China? There are more “peoples” (as well as people) than in any other country.
Ignorant dick
Oh and you used EUSSR again.
Think for yourself for god’s (sic) sake
Never really understood why he wants an Independant Scotland, then willing to tie us into the Euro and allow more control from Europe. Do you have to be certified to be a politician? Does it help?
Being from Linlithgow he does not want to fall under the hegemony of the Central Belt whose population makes up 80% of the country.
The cutbacks should start immediately, not be put off until after the next election simply to help Brown in the polls.
If he carries on as he has been doing then we shall be bankrupt within 6 months and calling in the IMF.
Well said SH, all too true.
The situation is only getting worse – £6,000 worse every second.
Help educate your friends, family and colleagues about the issue. Hopefully this site is a start:
http://www.debtbombshell.com/
Get piling the pressure on your MP. The British Government needs to present a coherent and honest strategy to get us out of this mess or it’ll be 1976 all over again.
1976? I seem to recall we had a very substantial manufacturing/exporting base back then. What have we got now?
McDonalds.
Somewhat reduced, but it’s still there. Would benefit from tlc from government. Recession not helping, obviously. But still it refuses to die completely. Will sprout and grow, when economic spring finally arrives.
Engineer, you keep saying that but it’s not true. A supposed advanced economy that has only one-tenth of its GDP resting on maunfacturing industry is not worthy of the name ‘advanced’. 70% or more is in services but we know that most of these are low-wage, low-skills froth jobs, mainly for women, like estate agency, coffee shops and hairdressers.
You mentioned previously JCB and Rolls-Royce as beacons. You do know that JCB have cut around 2,500 jobs in the last year and I suspect only for being privately owned would now be in insolvency. Rolls Royce’s worst times are still to come with the airline industry gone off a cliff.
More generally Britain like the United States has firmly set out its stall as anti-making things and pro Ponzi/Casino industries. This philosophy has now seeped into the groundwater with British youngsters unwilling to see a viable career in making things and knowing that the respect for their attained positions will not be there in comparison to the ‘professions’.
Would be better all round if UK gave up the ghost on any vestige of serious manufacturing and became true to its professed mercantile/service advantage. Fiddling about with boutique businesses like Jaguar Land Rover which in the long run are never sustainable without billions of subsidies is simply prolonging the agony of tens of thousands of working class people and whole areas of the country like the West Midlands.
I repeat – it’s somewhat reduced, but it’s still there.
Yes, I am well aware of the troubles at JCB, Rolls-Royce, and many other companies. Possibly some will fail, but others will survive.
If you don’t believe that there are manufacturing businesses in Britain, go and surf Kellysearch. You will find thousands, some one-man-and-a-dog outfits, some major concerns.
The current government has plugged the ’service economy’ line, but only in the good times. It was very noticable that as soon as soon as the financial crisis hit, government front benchers were saying things like “we’re going to manufacture and export our way out of this”. Yes – just words, but now they know the value of the manufacturing sector.
By the way, did you know that Engineering Consultancies (and we have some that are among the most respected in the world – e.g. W.S.Atkins) are classified in the service sector in the economic statistics?
Perhaps we may develop a more balanced economy. The financial sector is important, but we now know the folly of relying on it. The service sector is also important, but as a senior engineer once said to me, “We cannot all earn a living by shining each other’s shoes”.
I repeat – manufacturing is not dead in Britain. It’s revival will not be quick, but it will happen.
P.S. But it’s nice to know that someone reads and remembers my posts! Thanks!
Good point.
We were buggered then and it took 20 years to fix. We’re buggered now and it’s going to take 20 years to fix.
Now we’ve just got to face up to it and avoid complete meltdown at the hands of the snot-gobbling Gramscian psychopath.
Merve the bank has to be right.
What we’ve done to counter the recession is exactly what’s needed. Pour the money in till we’re on the way out of it.
Then, once you’re out of it, start cutting like fuck.
Surely no one can doubt either technique.
Cameron is a complete tunt to pretend the first wasn’t necessary.
Brown is a complete tunt to pretend the second won’t be.
By the time it happens most of us will be brown bread anyway. After having worked for 70 years before we get our pensions, who the hell cares. At least I can die happy saying I never voted for the labour bustards.
Money only represents the economy.
Pouring in real money to counter credit deflation is like drilling holes in the bottom of a boat to let the water out.
What we have done to counter the recession is precisely wrong. Mervyn is not a banker but an academic. A pretty good academic but not a man who has lived the cut and thrust of commercial experience. He is a polite man who uses language gently. Joe Blunt he is not.
Had the very same man, but with more worldly experience, been offered the job with the title of “Governor of the Bank of England”, with the responsibility of no more than the setting of “bank rate”, he would have told Gordo there and then to jump in the lake. His balls were cut off on day one. He was appointed to run a central bank that had been deprived of its central bank duties.
To take an easily understood example, thirty minutes spent three or four years ago looking at the balance sheet (the management version) of Northern Rock would have convinced him that that bank could not survive. At that same time there were tens of thousands of bank clerks in Britain, with no more than A levels, who could have come to the same conclusion. That, of course, excludes the ones that were suffering from bonus blindness.
Mervyn knows as well as I do that public expenditure has to be cut drastically, that performance bonuses have to be prohibited, and that the BoE has to be given virtually dictatorial power.
He knows as well as I do that, every minute, every 500000 pound minute, we are a minute closer to the time when there is no taker for gilts. That is the moment when we shall be like the man who goes to the ATM and finds that the cupboard is bare and that his IMF credit card has been cancelled. That is the time that interest rates will double daily, that the trains will cease to run, that there is no petrol at garage, that there are no loaves at the bakery and the water in the tap has turned a funny colour.
This might be too serious for Gordo’s taste and I shan’t complain if I get redacted, but in my long gone day I would have sidelined a twenty year old bank clerk who could not tell me in thirty minutes that NR was toast. Take it from one who has been three hundredth in the petrol station queue.
Sorry, that should have been “Guido’s taste”. Gordo hasn’t got any.
Too busy to google this but in re McLoon’s prediliction for handing out cashola to sub-Saharan countries I read somewhere recently that a number of those sovereign states who had their debt forgiven recently have subsequently racked up another boatload (Swissair load?) of fresh debt and are already in deep trouble again. Clearly, like young children under the age (?IQ) of criminal responsibility these countries cannot themselves be blamed but what I want to know is who were the morons that let these cashoholics back into the world of the creditworthy?
It’s just a huge scam that’s been going on for decades. If it looks like shit and smells like shit, then no matter what anyone says, it’s SHIT.
Awesome!
I’ll get you a fresh coffee table Mark, if you could just hold on to it for a few seconds.
Darling is on Sky now continuing to argue that we need more spending, getting close to saying that Mervyn was talking bolleaux.
WHAT FUCKING PLANET IS THIS GUY ON??
Go, fuck off the lot of you before you can do any more damage!
This cannot continue, the simple message of for each three pounds of tax we are spending four should be driven home at every opportunity. Keep the message simple and the penny (or pound) will drop. These crazy fools in charge of things need to be kicked out or there will be nothing left
That’s a good way to put it CCL but it’s worse than that from the latest figures. In May UK Govt. borrowed £20bn, and is now on course for £200bn borrowing this year. Total spending is around £600bn, with tax receipts only £400bn. So instead of overspending by one-third UK is overspending by one-half or for every two pounds of tax it’s spending three.
Off topic but still relevant to Nu-Liebor. One Ms Kitty Usssssher writing yesterday in the ES about the unfriendly hours of Parliament. She wants MPs to work until 5pm then be able to go home to their families. Like firemen,policemen ,nurses, the City,lawyers, doctors and thousands of other professions. This is her justification for leaving politics.So what job would this Oxbridge educated woman be able to do that lets her go home at 5pm?I suppose she could be a lollipop lady in Brixton or a childminder.perhaps she could be a lowly civil servant..How many people now do get to leave work at 5pm? She wants the HOC to be 9-5. Mentioned the old boys club again (so on-message). She knew the hours when she took up her position.Can you imagine a policewoman saying ooooohhh I am only working from 9 unti 5.
She will ONLY think of returning to politics if the hours are better suited to her lifestyle.So, goodbye Kitty forever. You trougher of the artex ceiling kind.
“Lifestyle” – what a vile, smug, contemptuous word that is. I’d rather have a life – but sometimes in life, it doesn’t always go your way, and you have to do things you may not really want to – like commute, or work strange hours, or live within your taxed income.
“How many people get to leave work at 5pm?” Well, one I know slightly as a neighbour. He leaves the house at 9:15am and is back home at 4:15pm. He also says that he gets an hour for lunch. Travel time is about 30 minutes each way. This is a full-time job with the local council. Nuff said.
Brown’s scorched earth policy continues.
Spend it all now, when the Tories get in they have to make cuts, cue future election campaigns based on the Tories making cuts and Labour being the party of public spending (read boom and bust). And so the whole sorry cycle continues.
At least in Ireland, there is a bit of honesty going on. They realise that they are in dire economic straights but the politicians there have the decency to be honest on how to get themselves out of a hole.
In response to the Alex Salmond/Scottish independence connection, it’s not Ireland who are touted as being “uniquely placed” to feel the worst effects of the recession. That accolade goes to the United Kingdom, I think you will find.
Yep,the Irish are going to cut many benefits except for the elderly.I mean 204 Euros a week for the unemployed is ridiculous.If you are married you get over 340 Euros a week.In addition there is housing benefit of up to 1200 Euros a month if you live in the Dublin area/190 Euros per week in Cork and you have two children.For each child you can claim an extra 26 Euros per week,this is in addition to child, benefit. There are also many other benefits.This is a total disincentive to work.
Guido – if you’ve been beavering away to sort the broken thread problem, you’ve done a good job. This thread has held together very well. Treat yourself to a little light refreshment.
Hope I haven’t spoken too soon…
I’ve got a brilliant idea. Why don’t we all become “travellers”. Then we can do anything we like and leap to the front of the queue for everything. Simple really.
Your details have been noted, you will be sent on a diversity course next week.
Will I get paid for it?
Margaret Beckett is half way there already. Got the caravan and the aquisitive tendencies.
Would you want her on your caravan site?
*shudders* – Not within a hundred miles…
I fuckin’ hate pikies
If the caravan’s rockin’, don’t come knockin’…
Brown and Darling living on Planet Fekkwit as ever
Nice of them to bankrupt the country for us wasn’t it?
They should be bloody lynched.
As for the Bank of England, they must have seen this all coming years ago, and they did nothing. Now it’s degenerated into a blame game. They are all guilty as fekk, the Guv, BoE, Treasury, FSA, MPC et all
Fekkwits United
The state has been wasting our money for decades. Weak politicians have bribed voters with endless amounts of borrowed cash. As a result, by 2011 the INTEREST ALONE on the national debt will cost £42.9 BILLION PER YEAR.
That’s more than we spend on defence, and not much less than the entire education budget.
Right now, that debt is growing violently. The Government forecasts it will soar to an eye-watering £1.1 trillion by 2011. To put that in perspective, the UK went bust in 1976 running a budget deficit of 6% of GDP. Next year, that deficit will top 12%.
At this rate even Viv Nicholson will need lessons on how to spend money fast!
Your share of the bill:-
We owe £12,688 for every man, woman and child
Households will be taxed £1,215 this year, just to cover the interest
To pay it off, the average worker will be docked 56 weeks wages
THAT’S ASSUMING YOU TILL HAVE A JOB.
Docked 56 weeks wages? Over what period? Every year?
Well I never got my bride. Where do I apply for it?
Sorry, meant bribe!
Given this government’s capacity for breaking promises, you might be better off with the bride!
So what?
When my lady boy wife & I take over from the political genius & Father of our brave new nation Gordn Brown there will no such thing as personnel welath – there will only be State wealth.
And that Tory traitor Mervyn King will be sent for re-edukashun.
Aaahhhh – suck it up peasants.
*
*
*
*
THE SURTCH IS ON FOUR THE SUPERSUKKER
A KUT IN PUBLYQK SPENDING MUST BE BALANTSCED BY A KUT IN PAYETAQKS
WHORE THAYR WILL BE TRUBBLE
PARLIAMENT KAN KNOT WIN
THE BANQK OF ENGLAND IS IN EUWRHOPE NAO
*
ASTA
Damn printer’s on the blink again…
Is that you John Prescott?
It just goes to show that even the best filtering systems can always be circumvented.
I am relatively new to this site and enjoy reading the comments. I am very puzzled though, as it appears that most posts seem to recognise the utter incompetence and mendacity with which the Labour filth have ruined the country but seem to long for a Conservative Government to sort out the country’s problems. If you really think the chinless wonder will achieve anything other making himself, his ex flatmates, his family and his lap-dogs in the party and media very rich and bugger everybody else, you must be insane. The entire political system is in a cocked hat, at least 90% of the current lot are utterly corrupt and remaining 10% are either too thick, too old or too lazy to do anything about the rot. Burn it down and start again.
That’s my preferred option too.
Cameron certainly isn’t the wonderful God that some people make him out to be, but he is intelligent and realises the mess we are in.
Given the narrow range of choices available to us, Dave is certainly the best candidate at the moment. Do you have a better one?
Agree with Steve Expat. It could be that Dave & Co. turn out to be less effective than many would hope, but they can’t be worse than current incumbents.
However attractive it sounds in theory, anarchy isn’t really an option. The present institutions of government are basically good enough, we just need a change of personnel.
“It could be that Dave & Co. turn out to be less effective than many would hope, but they can’t be worse than current incumbents.”
I seem to remember the same was said about Blair & Co. Back in 1997….
Will we never learn?
Every government eventually gets complacent, that’s why it’s good to have a change every so often.
The need for change in 1997 was as evident as it is now – the government of the day became the story for the wrong reasons as is happening at the moment. Bliar’s first few years were actually not that bad, before his spending binge started and we went into Iraq.
At least Major had the guts to stand down and have his party back him or sack him, Brown knows that there are as many knives drawn on his own back benches as there are on those opposite!
There is a good reason for the USA having the rule that a president cannot serve more than two consecutive terms. It is recognized internationally that any longer than this leads to the present situation in the UK. It just happens to mean eight years in the US. Ten years would not be too bad, but then, that should be it.
This, of course, applies to the executive of the country. There should be a rule that after eight (or ten) years, there MUST be a change. Perhaps the answer is that the system is changed to fixed terms of four years, with half of MPs elected every two years, so there is an overlap. The executive would be held to account by the people. If the executive’s party did not keep their majority, that would automatically change the “rulers”.
The central bank, Bank of England) should be totally independant, similar to the Fed in the US. The treasury is still responsible for government spending, but under the eye of the BoS. Requires BoS permission to overspend the tax take. There are times an overspend is necessary, but at least there is oversight, both BoS and Parliament.
Just an idea. Perhaps not as crazy as it sounds?
Couldn’t have said it better.
Above, reply to English Viking.
Guido,
See what you have started?
I am crapping myself over my expenses from the Atrium Restaurant alone.
You did this you b_____d, with your investigative blogging & muckraking – why couldn’t you leave things be?
You could have joined us at the trough if you had played your cards right – now the trough is being taken away.
Still, I amsure the secret loans from the ECB can be channelled to the talent -off books of course to recompense me & the other lobby hacks.
Just to ley uou know and I know it’s a bit O/T but harpeson(all me shouldbe neutered at birth)is in parliamnet now setting up aNOTHER SELECT COMMITTE JUST FOR THE SOUTH-EAST!
Despite all the other many institutions in place we need another select committee to deal with well I’m not really sure, but this si where they spend their time, just setting up more shit. That’s labour for you
It’s how they keep unemployment down – more non-jobs for the (ethnically diverse) boys (and girls).
It’s a big bomb and the clock is ticking…
And us.
Another Committee means anothe chairman to appoint, members to appoint, a budget to cover admin/travel, reports to write, exhange visits to arrange, fact-finding tours to fit-in etc etc. What a great idea Harriet – how do you keep coming up with cracking good ones like this?
What is the fucking point? Anyone knows that there’s no money left for crap like this. It was infuriating enough in the ‘good’ times. All the bloody thing will tell you is what any sane person knows anyway. But fuck it, lets spunk a few million at it anyway.
What planet are they on FFS.
It’s a bit OT but i just needed to spread this article around. http://www.viceland.com/int/v14n10/htdocs/shredded_by_war.php
I’ll never understand how this shame of a government does not have the decency to resign.
Can we have a go at running the economy, Geoffrey?
BBC expenses etc.:
http://news.bbc.co.uk/1/hi/entertainment/8118233.stm
Just to remind, not all Scots are like Brown and his ilk, in fact many Scots hate Brown and his band of muppets.
On another issue, I notice there is regular comment about Brown and his presbyterian ethos / beliefs etc
Think it like this ; Brown is to presbyterianism as the Mafia is to the Catholic church. Both like everyone to belief they are fervant believers, in reality both would sell the grandmother (in peices) for a quick buck (or vote in Brown’s case)
Gordon Brown knows that the most effective method of using public money to fight the recession is to give small business proper access to finance using a government guarantee scheme .
The existing scheme is pathetically small ,totally inadequate .
The Tories have urged him since 2008 to launch a proper scheme but he will not agree (even though he knows it is the right thing to do )simply because the Tories suggested it first.
How much longer can the nation tolerate this deplorable politician before some unfortuante individual is provoked by sheer despair ,loses self control and murders him ?
Not much longer, but a simple ‘I resign’ will do the trick.
Ever Vigilant, re: your last paragraph, there are a lot of City gamblers who have quite literally lost everything they ever had and are taking the only option left for themselves.
I’m surprised that no-one has at least tried to have a go at Broon on their own way out.
Though Britain does not have a written constitution I think the willful ‘indebting’ of the nation for the sake of political gain ought to be made illegal and could be covered by the Treason Act.
To bankrupt a country in a desperate attempt to cling to power sounds like a chapter lifted from ‘The World according to Mugabe’, but why the heck are there no safeguards against this in the UK?
Where for example are the noble Lords in all of this?
£20 billion a month (£240 billion by next May) is a hell of a cost to buy an election. I’m convinced Labour really think that by continuing to prop up public funding, they have a chance of winning whenever the next election is called.
I’ve blogged on the subject already: http://delphiusdebate.blogspot.com/2009/06/public-sector-borrowing-hits-record.html
Its in the national interest to force an early election and begin to get public spending down to reasonable levels. Failure to do so will extend the depression and risks total economic collapse if UK guilt purchases begin to freeze up.
The march is need folks, to tell Brown and the Brownies to go.
Yes Lizzie, the march is desperately needed. But who is going to organise it and when?
Alastair Darling is a former student and that is fact. However, given the economic situation that his boss set up in his 11 years as Chancellor of the Exchequer, and given the fact that the trajectory was maintained by AD, then what would a Trotskyist have done differently to Brown/Darling to achieve their stated goal of wrecking the nation’s finances? This is what they have done (or achieved, depending on whether one is a Trot or not) so I reckon that Darling is still a Trot, that Brown is a Marxist, and that most of the NuLab heirarchy are still very much ‘believers’ in whatever branch of Marxism they believed in when they were at Uni. Were that not so, the nation wouldn’t be in the mess that these permanent adolescents have got it into.
SPEEDO
I have a list of twerps who visit this site .
If i had noticed you before you would have been added to the list pronto.
Your infantile comment about my previous contribution is beyond belief if in fact you are over the age of 8. Get lost please.
You could be right, the recession may well be over and the depression about to start.
I suggest you get on the ‘Office of National Statistics’ web site where the full horror of our situation will be revealed to you.
The government of this country, UK Plc has an ‘income’ of about £550Bn per annum (and falling), this is what we have to live on, NHS £120Bn, Welfare £110Bn, Pensions £110Bn … and so on, not much change out of £550Bn (in fact none) when the dealings done.
Presumably ,Gordon Brown believes that his upbringing as a son of the manse attracts admiration from the electorate .
He seems incapable of understanding that millions of people have seen through his camouflage.
Apart from his verbal and physical abuse of Downibg Street staff,there is abundant evidence that this man is
(1) a charlatan
(2) a fraudster
(3) integrity-free
(4) intellectually dishonest
etc ,etc,etc and so on and so forth
It must surekly be the case that misguided Christian forgiveness is the only reason why the Church of Scotlandhas not yet disowned this disreputable creature currently masquerading as our Prime Minister.
(4)
Seriously vote labour in next term just so civil war breaks out and we can shoot the fuckers.
we’re fucked anyway old MERV of the BOE says so we might as well go the full distance and take the fackers out with us.
They would seriously not expect to win a fourth term imagine after all the burnt earth tactics to wake up and find they’ve won lol they’d be throwing themselves off buildings.
anyone who has seen my previous comments would know I wouldn’t suggest that normally but apart from riots happening soon to produce a GE before the Lisbon treaty then desperate times call for deseperate measures.
What’d the point of voting in Tories so the thick labour voting, council house who don’t understand the real world scum can blame all the shit about to hit the fan on them.
You still got idiots today saying Maggie this Maggie that… while drinking beer with their dole money. Yet because of Maggie they’ve still got dole money and pubs to drink in and moan about.
I’m thinking about the long term here vote Labour in so when the shit hits the fan they’re destroyed forever. Communism on this Island ended forever. Labour will be spat on and despised worse than Hitler in the future.
You may be right in your first sentence but we have to decide what we want to happen. Obviously the bastards should go. Maybe we should take to the streets and demand that they do? If we think that they must resign, we will have to catalyse a mass protest to make them resign. Like they have done to governments in feistier countries like Ukraine. HOWEVER if they stay till mid next year and the Lisbon treaty comes in maybe we should vote labour because it wont be long into their fourth term before the country totally totally collapses into chaos and they are taken from Westminster and disembowelled. I would love above all else to see this happen. Otherwise the poor conservatives will be in power when the country collapses under the weight of its debt and Labour will be able to blame them.
Why do I feel like my pay slips for the next 10 years will all be heavily redacted? Lucky to see anything left after Brown, Darling, Madnelson and gang of thieves have has a go first. At least jackals, hyenas and carrion will wait until I am on my last legs.
I am wondering why there is no action group or organisation that is protesting verbally and audibly in a public place about the state of the economy, of civil liberties, of corruption in government on the EU question (Lisbon Treaty and lack of referendum) in short why the country is not offered a general election NOW to decide the course of the political future of a country that is at a crisis point?
There are many forums full of people saying how we have the worst government in history in the most fomenting terms, but there is not one piece of mass action to let the govt know what we think of them on the street.
There’s even a website called generalelection now. all it can produce is a few insulting cartoons of Gordon Brown. It should be organising mass petitions directly to his email inbox telling him to sod-off ! This whining inactivity or lack of common voice is almost as frustrating as the problem itself.
In fact it’s possibly symptomatic of the world wide web society. Its the reason that kids dont meet up and play on the street any more. We’ve become monumentally lazy. And this coming fromn a self professed sloth.
There you have my rant.
CJ the Sloth
Wrong. Traditional protest is no longer effective – the Political Class and the institutions they’ve neutered just don’t give a shit. Iraq?
The web enables normal folk to educate themselves. Learn things beyond what they heard from the teacher at the local comp and the BBC. There’s nothing more dangerous to Brown and his ilk than that, come polling day.
If Labour had reformed public sector services properly, instead of pumping money into black holes, we would not be in such a mess now. I don’t see anyone on the Labour benches speaking out and saying we need to make sure that money is spent more efficiently, only that we need to put more money in if we want to get more out – which is wrong, because it doesn’t work like that.
The stark choice now is between the Tories and the IMF. It doesn’t matter who Mandelson installs as Labour leader in the Autumn in a futile attempt to save a few Labour seats, they can’t get us out of this mess. Indeed, every day they spend in office, they dig us deeper into it.
Far too late for us to help you out of your hole, Sunshine. You need aid money from somewhere. Try Africa – it’s their turn.
Same old, same old. The Trots always spend too much money and bankrupt the country. They can’t help themselves. Then they try to bullshit their way out of it. But they’ve been rumbled – again – and they’re going down like as sack of cack at the next election.
In the spirit of transparency I am prepared to submit a video taken at this weeks cabinet meeting. As you can see, myself, Alistair and wee Dougie Alexaner are getting on with the job of weathering the global crisis and are not sat about drinking ourselves stupid like the do nothing Tories would do.
I fucking hate ex-Trots like Darling. Unfortunately, the new Chairman of Conservative Future Scotland is an ex-Trot.
I would happily purchase a Steinway on a store card with 90% APR if it meant being able to access all that lovely piano wire for pest control purposes… Yee Gods, the French Farmers would have been towing tumbrils up Whitehall long since if they were here… kick them out while we all still have a few jobs!!!
I still think this shabby government should all be charged with treason, as this country has been betrayed by the very party which was created to promote the cause of the working class; we are all technically working class as we all (bar MP’s) need work ….
Can the Gurkhas now visit No 10 for some Care in the Community?!!
As predicted, the knives are out for Mervyn:
Bank of England chief ‘in unholy alliance’ with Tories, claims Cabinet Minister
http://www.dailymail.co.uk/news/article-1195622/Bank-England-calls-radical-overhaul-City.html
It is entirely in the interest of David Camsron and the Convservative party for Brown to stay as Prime Minister at present but they also have a duty to the nation and must take drastic poltical action to force a general election.
If they allow the lunatic Brown to stay in office, history will compare them with those individuals in Nazi Germany who coiuld,conceivably,have removed the monster Hitler but failed to do so.
[...] to the latest ONS data released today. This comes on top of the OECD saying we can expect a severe recession to come. Didn’t brown and Darling tell us last year that the economy would be on the up by this [...]
Don’t be fooled. The Tories would leave the unemployed to fend for themselves and allow ‘market forces’ to swallow up all the repossessions. I will never vote Tory again because they left the ordinary people high and dry and had no compassion.
There are two stark choices and I opt for the philosophy that aims to defeat inequality every time. The other way is cold and heartless
I’ve just read what I’ve written and it’s crap.