Labour Whip Admits Party’s Guilt

Lord Tunnicliffe should prepare to feel the wrath of Balls:
“Criminal sanctions are extraordinarily difficult to bring about because of the burden of criminal law. It is fair to say though that you can’t find them in the current legislation. And, yes, OK, it’s our fault. I hope my leaders don’t hear me say that.”
Given Tunnifcliffe is Labour’s Deputy Chief Whip, it’s safe to say they did hear.















Wow, honesty from Labour?
Normal service will be resumed as soon as possible.
Let’s have a Leveson type enquiry about all these regulations that allowed the banks to behave so appallingly. And let’s see Brown lie his way through that.
quelle suprise…they agreed the rates amongst themselves to protect each others borrowing ability until the pump stopped running and they got frit they would be left with the baby….oops…’owe you one big boy’ comments take on a whole new complexion once the law swoops.
Wherever a market exists, crooks will always attempt to fix it.
There is no such arrangement as a FREE market!
Free markets are infinitely preferable to the rigged markets we have now. There are crooked practices in all markets, though far less in free markets, where you can choose who to trade with, without government or crooked distortions.
Sack him !
We should have him stuffed.
Or will Balls-Up do it for us?
A malfeasance started in John Smith House, Millbank Tower, Old Queen Street (it was the right thing to be), Brewers Green or wherever they are dossing down this week.
The bbc are hard at work tonight – unsurprisingly – laying all blame for the latest bank f**k up revelations and wrongdoings at the feet of, guess who? Yes…………..”Fatcher n dem baby eating Tories.”
If only Labour were prepared to admit their mistakes in their years of fiscal indiscipline – and sack Balls and Miliband while they’re at it – they might start to look credible again. It’s the economy and stewardship of the country’s finances where Labour need to take a serious look at what they did in government, because nobody will trust them again until they show that they have learned from their mistakes.
http://archipelago-of-truth.blog.co.uk/2012/06/28/electors-in-leyton-may-recognise-the-name-matthew-garness-he-13982399/
Oddly enough the local Leyton and Wanstead Labour Party website is currently blokcing access. Maybe someone else can find reference to this convicted criminal as their candidate at the last council elections before the airbrruching of history is complete.
Move along nothing to see here
Balls does look a picture in that photo, it wasn’t photo manipulated was it? If so who, has been a naughty boy then
No, Balls just looks like a retard naturally…because he is a retard!!!
Looks like labour are doing a Blair.
Sorry about banking, sorry about immigration, sorry about this.
Sorry is all well and good, but who belives it?
They still haven’t held their hands up to their mismanagement – even gross mismanagement – of the country’s finances while in office. That’s the admission the country is waiting for, yet they persist with the suicidal Balls line that more spending and borrowing is the answer to everything.
“more spending and borrowing is the answer to everything.”
Errrr..
2010: De*bt under Labour: £1trillion.
2015 (est.): De*bt under C’untservatives: £1.4 trillion.
40% increase. Labour de*bt bad, (higher) C’untservative de*bt good?
You plainly struggle to understand the relationship between a deficit and a debt. A country is bound to increase its debt if it still has an annual deficit, and because the Tories inherited just such a structural deficit in 2010 (UK public spending was considerably more than £100bn in excess of UK tax receipts by that point), the national debt was almost certainly going to rise for years ahead.
Of course, I say “almost”, but that would have required the Coalition to impose swingeing cuts that instantly reversed the deficit and so began the long process of reducing the debt. But I’m assuming that from the party which gave us the slogan “cutting too far and too fast” to describe the very mild containment of public spending actually implemented by the present government there wouldn’t have been any support for such a dramatic fiscal revolution?
So, while the present government has reduced the size of the deficit by around 1/4 in just two years, it remains in existence. This in turn means that the debt will necessarily continue to grow for the time being. Both the deficit and the debt, meanwhile, are the fault of the pathological spendthrifts who racked up a structural deficit in order to grow the state and buy votes.
The fact that you steadfastly fail to grasp these basic accounting points is proof that Socialists really are unfit to be in charge of the nation’s finances.
Post democratic age, We say what is viable – not the failed market ideology – do you understand nothing? Even Cameron accepts we are right.
Balls has a permanent seat in the BBC news studio.
Let’s see him wriggle his way out of this one…
We simply won’t ask him the question. That should save him any embarrassment.
That picture is Albert Steptoe and not Ed Bollox, surely.
Fucking ugly whoever!
So Balls-up was too “busy” to turn up to the Commons yesterday.
I take full responsibility and have sacked the person responsible
I’m getting on with the jobby.
can we have some context to this please Guido – it seems abit abstract
who was he speaking to about who when etc would be a good start.
Many Thanks
Rachel Reeves worked for HBOS during the time of this scandal.
Good job her sister on the NEC was able to find her a safe Labour seat.
Was she on an all-women short list as well ?
No no , that would have been an all-men shortlist. Do keep up
Why is she only 5 foot?
He cannot recall any conversations he might have had on the subject when in government ……..but thinks it was unlikely that he would have expressed such an opinion on the matter ….so that’s good enough for us………..
Rachel Reeves is a future Labour PM in waiting. You all know it.
VIC Reeves will become PM before “The Voice” ever does. Rachel Reeves?Child, please…
As a successor to the appalling Gillard, in Australia, perhaps (though for abstruse historical reasons the party adopts the American spelling).
Rachel Reeves = Common Purpose Marxist. And you know it.
A banker during the scandalous years, sounds like a robot and looks like Cruella de Ville.
She’s got no chance.
Light touch Balls.
Don’t forget his brother is one of Europe’s biggest bond traders.
Gosh, it’s like QE and every other waste of taxpayer’s money was designed to shield bond holders from market forces.
You misunderstand how things work. We rule the world and if these incompetent politicians don’t do as we wish, we push up the interest rates on their debt, ruin their economies and get them thrown out of office, which is exactly what they don’t want, because who then will then employ them?
Good job there is somebody with some fucking sense keeping an eye on these imbecile politicians.
erm? who would that be then? not the voters, theyre to busy blogging on here
Sorry seems to be the easiest word.
With apologies to Mrs Furnish.
I have used buggery, thuggery and skulduggery to get where I am today
Gordon Brown was the Madman I used to get here
I will deny any responsibility for what I did
And appeal to the Labour Party and the People to finally destroy Britain
Sounds reasonable.
Those lyrics should be set to music. Perhaps a Bob Dylan tune.
BBC
Bugger
Bomber
Command.
They trawl highways and byways to find a conchie to spoil the day. God help us if we go to war again.
The BBC, the enemy within.
Deport them. Most of them hold foreign passports.
German citizens were people too.
Nobody said they weren’t (until you suggested it). Everybody involved in World War Two was a person. Uncertain of the point you’re trying to make.
The Nazis lost Jimmy, get over it.
Sorry for all this
Just saw Rupert Murdoch on a competing channel
He does not want to invest in Britain because of the “English”
He really is a fucking r a c i s t along with all the rest of his obscene activities
Half Scottish and half j e w i s h
What can you expect ?
ROFL
To be fair if I had a choice I would not invest in Britain either. Anyone with money is labelled as a Fascist/Racist/Sexist/Overlord/Task Master/Toff (none exhaustive)
Unlike the USA where being wealthy is celebrated.
I wouldn’t invest in the US either unless I was a yank.
Look what they did to BP.
Just because they had ‘British’ in the company name.
How would you like to feel the wrath of MY balls, jm?
I think you’ll find that’s the ‘rash’ of your balls…
hi concrete, still wanking through tat’s letterbox?
Too much mail piled against the door, so no.
Is that you Nick…?
Still bitter..?
There was only ‘B’ in the company name and they still had it in for them
Who was responsible for the regulation of bank activities? FSA? BoE? Treasury? Nobody quite sure?
It wasnae me!!!!!
We invented ligh touch regulation
Bob Rubin of Goldman Sachs and the Secretary of the US Treasury told us to do so when we were at Harvard (for which Bill Clinton has publicly apologised)
So we are not responsible…
It was ‘light touch’ regulation.
Look, no handsHands off supervision.I think it was Sue who introduced that system.
I advised Gordon Brown as well
Don’t be rude about our Ronnie
He has been a friend of mine for 40 years
And we know what you have done to Barclays which is now a pariah bank
Seems you are a bunch of toxics
There was VAST amounts of regulation.
Just none of it designed to control the level of debt (which is the only thing they should be controlling, as debt inflation is economic cancer).
Funnily enough Gordo “EOBAB” Brown’s “miracle potemkin economy relied on debt to look like we had growth.
Just as he engineered 0.1% of growth in January 2010 (after almost two years of recession) by the simple expedient of borrowing an additional 300bn quid and printing an additional 200bn quid.
I don’t know why he didn’t just borrow 500bn quid and go for 12% ‘growth’.
I am sick to death of hearing moronic Labour MPs saying “When we left office the economy was recovering and we had growth”. This after an orgy of borrowing money and quantitative easing and it produced 0.1% growth in McRuins attempt to buy the election. Its one of the reasons why we are so heavily in debt. Gordon’s failed election debtfest.
Exactly. Two years, 300bn quid borrowed, 200bn quid printed and all to shield one million public sector workers from the reality of Brown’s fucked economic policy.
Two years, 300bn quid and the currency trashed. All wasted. Just to give the Maximum Imbecile a shot at re-election. Just to completely empty the fucking coffers and give the T*ries nowhere to go.
The economy destroyed just to spite Cameron.
What a c*unt.
If Brown was so wrong, why is Gideon and Cameron following his sound economic strategy to the letter?
Troll on.
I think Mr Balls should now be called by the abbreviated name
TOXIC BALLS
In the late `60/early`70s knew `Lord’ Dennis Tunnicliffe when he was a pilot (2nd Officer) and an active member of BALPA, the pilot union. His hero, at the time, was Norman Tebbit – a recently retired BA 2nd Officer and BALPA member – who had just become an MP. How times change – or maybe not!
My position is clear.
I’m crap.
Join the club.
Who are you and why are you still here?
what’s happened at Barclays is little different from Treasury/BankofEngland manipulation of interest rates/ sterling/ price levels
if one is criminal – so is the other
The first is merely criminal, the latter the treasonous.
But look – it’s not my fault. Osborne told me to let the banks do pretty much as they liked. So I did what I was told.
Although that’s not true.
As long as Banks expanded credit they could do no wrong in Gordo’s eyes. Of course exponential growth in credit will lower interest rates below the real risk level (and raise risks!) until the entire financial system is bankrupt…
The worldwide bust is 100% gordonomics.
Regarding that lefty c u n t Steve Richards and his pathetic and vomit inducing ‘Millie Dowler’ comment. The Labour party and lefty media have been using the death of that poor child as a political cosh for years now.
The left really are sickening.
Pay your taxes!
so it’s still okay to give the rich incentives to work whilst it’s still okay to kick the workforce hey????
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9361952/Barclays-bosses-must-pay-for-rate-rigging-scandal-says-George-Osborne.html
they are all guilty as fuck yet people here still want to argue party politics
fucking amazing!!!!!!!!!!!
they are all in it together
The problem with these bankers, which I accept as a capitalist,
is that they have behaved like criminals
Every honest capitalist should join the condemnation of these serial frauds
So that our honest results-producing system can continue
The rate-rigging scandal I’d like addressed is the ludicrously low interest rate policy pursued since 1997 which lead to the credit boom and subsequent bust.
I’d also like an investigation into why we were running 5% inflation from 2008 – 2012 but we had interest rates set at 0.5%.
Interest rate rigging? I don’t fucking doubt it. But why is it somehow OK if it’s the government doing it?
The whole point (to the fools who instigated it) of the setting up of the FSA and the hiving off of interest rate decisions to the BoE (determined by a committee of more or less Keynsian idiots) was to be able to claim that it was not a cynical political decision, but prudence.
An elderly relative of mine worked for the BoE in their regulatory bit up until the FSA was formed. Rather than join what he could see would be a discredited Labour clusterfuck, he took early retirement, and he was far from alone. Thus the FSA was set up and run by morons who knew little or nothing about banking, and allowed their friends such as Fred the bent Jock PWC accountant to ruin the banks.
I know that. You know that. Anybody who isn’t fucking plankton knows that and yet the big lie persists that all this lax economic policy and low interest rates were a complete fucking accident and unintended and totally unforeseeable consequences of an ‘independent’ rate setting committee.
If interest rates were where they should have been – at least 5% – house prices would have collapsed, rather than puttering on at bubble levels with millions of twats still thinking that their bog standard semi is going to sell for £200K.
House price drops would have meant Gordon lost his precious, guaranteed. The Tories are shitting it about house prices for the same reason; historically low interest rates are the only thing keeping the housing market from having the mother of all crashes.
Transaction levels tell the real story. There is currently no market as such.
Indeed. Gordon Brown’s decision to switch the official inflation measure from RPI to the dubious CPI was part of the Labour government’s policy of stoking the fire. Remember, 100,000 people were going bust every year by the mid-2000s, the highest figure ever recorded by a very considerable margin.
Lord Tunnicliffe
A product of Honest Labour, when it existed, like Herbert Morrison
There are few traces left….
By Mark Kleinman, Sky News City Editor
Barclays will tomorrow be drawn into another huge City mis-selling scandal that threatens to intensify the pressure on Bob Diamond, its under-fire chief executive.
I can reveal that the Financial Services Authority (FSA) is preparing a statement revealing it has uncovered evidence that many small business customers (SMEs) were the victims of inappropriate selling of interest rate swap products and that the major high street banks will write to every customer who was sold them.
We will be advertising on Sky tomorrow. Yipee..
After being fined hundred of millions for money-laundering, “mis-selling” insurance and fiddling LIBOR and ERUIBOR, these arrogant criminals now accept liability for “mis-selling” swap products
They should be in jail and have their banking licences withdrawn, like others
And stop calling it “mis-selling”
Call it by its real name which is despicable fraud
This is priceless
Balls, ED, Brown, SpAds, Unions etc etc etc
Errrrr TODAY — The Elephant in the room is the City Eton Banking Spivs screwing us all.
Any chance of a Boris Thread ….narrr didn’t think so
Still not the teeniest bit curious as to how this misbehaviour was happening from 2005 – 2009 under Brown’s nose but is only now being prosecuted?
Fatchur was dun in power them olden days 2005 – 2009.
She needs burnin as a which.
errrrrrrr so Brown should have detected hidden criminal behaviour, while it was going on in secret.
Must try harder jgm2
Just like the ‘independent’ BoE was setting abnormally low interest rates ‘in secret’.
You guys really are cruel, SAS NOT !!! is obviously a retard and needs understanding, not condemnation.
He’s just another bedwetter troll.
The FSA should have detected the LIBOR rate fiddling, but it didn’t because it was deliberately set up and run by fucking idiots who knew sod all about banking. Blair and Brown are primarily responsible, along with that blinky twat who sold Brown on post neo-classical endogenous growth theory which had as its heart a credit boom fuelled by low interest rates – which were conveniently hived off to a not at all partisan MPC.
So yes – the Mental One should have known what was going on, but preferred to ignore the utter uselessness of the regulators which he had created.
The Imbecile knew exactly what was going on. How is it possible to breathe and not be aware of what was fucking well happening?
The thing is that he had hoped to get his turn at the wheel in 2001 and then scuttle off leaving an economic clusterfuck for the T*ries to deal with in (say) 2006. When Blair reneged on their little deal he was forced to keep the show on the road with ever more insane levels of borrowing until it inevitably fell flat on its arse in 2008. On his watch.
Luckily though he had the BBC run off a preprepared video explaining how it was all the fault of the ‘Big Bang’ and the yanks and fuck all to do with him fucking with a system that had worked for 300 years.
Now Tunnicliffe is trying to pretend he didn’t make statements blaming Labour.
Thursday 28th June 2012 | 18:01
Lord Tunnicliffe: Previous comments on LIBOR scandal were wrong
Another there are no tanks in Baghdad moment.
For a non-banker, I would rate your assessment as a bullseye.
Funny that most of these bank traders and bank bosses do not even know what or where Eton is and half are not even British
They are just evil scum drugged on money
Hey Snoddie, how is that your Carers have let you stay up late? It’s done you no favours ‘cos you’re still a bad-tempered little boy.
Get me on the telly quick. I see a bandwagon!
errrrrr I believe Bob and Boris are great Chums
Sarah is a friend of Rupert.
Tony was a mate of George.
Hugh Grant likes big fat prossies.
What’s your point snotty?
‘I got it from Agnes, she got it from Jim
We all agree that Louise gave it to him…’
I believe Sir Fred Goodwin was knighted on the request of Gordon Brown for ‘services to banking’.
Rather like Dracula being knighted for services to blood transfusion.
I wonder how long it will be before CRMM comes out of the closet just like 8illy did?
Are you one of those who thinks ‘8illy’s’ blog is real?
I have a bridge to sell you.
Is CRMM real though?
@jgm2
Don’t shatter moniker’s delusion, he still thinks Βillу IS real.
I see the self-inject brigade have arrived in force.
Yes, jgm2 and crmm, there IS a B!lly. Just as surely as there is love and devotion and generosity! Alas, what a dreary world it would be if there were no B!lly! No one has ever seen him, true, but that does not mean he does not exist, for some of the most wondrous things are those that are unseen and unseeable: faith, fancy, poetry, love, romance! Thank God he lives, now and for ten times ten thousand years hence!
haha
there all at it again – blame labour, blame brown, blame any one but the tories – dontcha just feel sorry for these propaganda muppets – bet they even watch question time
Oh you are funny. Behaviour that happened from 2005-2009 is somehow the T*ries fault. And the fact it went ‘undetected’ and unreported until the T*ries got into power is also…. the T*ries fault.
You work for the BBC and I claim my lic*en*ce fee back.
given the time frame its difficult to blame anyone else…particularly the chingrinner and his henchmen
I believe that as more and more of the rule breaking by the various banks is revealed and they snitch on each other to try and save themselves it will also be revealed that Brown and Balls were party to it all with discussions between Brown and the banks to agree what they were doing.
Barclays have already stated that they held discussions with Brown and Darling at the time the fiddling was going on.
I remember the good old days when black was white and you knew where you stood.
Racist !
Michael Jackson ?
Hallo Diane
you can lick mine michael….oooooh diane you are an arse….what a dreadful image
ah monika is a boy
This scandal needs investigating.
I propose some form of inquiry. With a host of witnesses from banking, government, media and sport.
I wonder if knows of a suitable judge available to investigate for months and months.?
A suitable judge who only investigates matter arising since June 2010 Bill. Mustn’t muddy the waters looking into how such behaviour went undetected and unreported prior to that.
What about me? I’m cheap.
I nominate Dickie Bird
Dickie Bird has too much integrity – not much good for government whitewashes and the like. Need another hutton or chilcot prepared to take £millions for doing nothing useful.
There’s no shortage of Huttons, Chilcotts, Levensons and the like lining up to ‘find’ whatever their carefully worded remit has instructed them to ‘find’ in order that they get a knighthood.
I’m sure a properly directed Hutton could find that there was simply no way the Maximum Imbecile could possibly have known that rigging historically low interest rates, taking away regulatory banking oversight powers from the BoE, hiring one million additional public sector workers overnight and paying them in perpetuity with borrowed money could possibly go wrong.
MacPherson
The (in)famous Judge Jeffries wouod be much more likely to do the job properly.
Mervyn giving his knighthood back or will it be taken away?
See the bomber command memorial unveiling does not merit a mention at the guardian website – scum
They’re obviously gutted that the Nazis lost. Certainly their stance on Isr*ael is consistent with that viewpoint.
the National Socialists lost, Grauniad can’t get over it.
hollowcause
If a memorial were to be unveiled to the gay community, let’s call it ‘Bummer Command’ the Guardian AND BBC would be giving us 24/7 coverage.
what a stunning memorial it is too….the 9 foot figures are quite incredible…just a shame it was so long coming.
Agree entirely . All these bleedin do-gooders today have no idea how much we owe those young pilots & other crew of Bomber Command.
Leiber & its politically correct hog-wash has a lot to answer for.
The Men Who Made Us Fat ……BBC 2 tonight
Just look what they’ve done to me.
http://ts2.mm.bing.net/images/thumbnail.aspx?q=4856887062299345&id=4af7d7f47e5e22e4b855d6162bd7ac23
I thought Labour ‘celebrated’ transgenderism
Oi ! Oi ! Get yer own monicker !!
Taxi for ….. OMG, as if one wasn’t bad enough !
Sorry, this cab has an axle weight-limit, you know?
Should have saved that picture of Balls for tomorrow– I’d have submitted “As Ed B feels the noose tighten…” (as well it should, where he’s concerned).
I thought it was Wayne Rooney.
Similar phoney-looking “replaced” hair– natural mistake. As opposed to the gentlemen who work for this blog, both of whose hair, although unconventional each in its own way, is nonetheless 100% real, for better or worse. (I mean, who’d buy a wig with a Bride-of-Frankenstein’s-Monster streak, or one that cannot be straightened under any circumstances?)
The law is whatever the clinton witch tells the british government to follow.
next in line is the common market.
I repeat for the hard of hearing
GET ENGLAND OUT OF THE EU.
anyone would think the tory party was only born yesterday
not so my frined
http://www.independent.co.uk/news/uk/politics/tory-minister-raymond-mawby-spied-for-czechs-7896370.html
always been shits
Possible explanation of image at head of page:
Out of shot, Yvette has ripped her top off, displayed her hairy chest and shouted Who is going to make me a women before I die?
Ed walks up, rips his shirt off and says Here you are love, iron this.
Or else he’s changing into Superman…
Yes! That was the one I was trying and failing to remember!
Mein Gott! Why did I spend all that time reading Locke, Hume, Spinoza, Kant, Hegel, Russell, Wttgenstein et al whilst neglecting the classics of my time…
Weird Al was / is a classic
David Cameron on last year’s riots:
“Irresponsibility. Selfishness. Behaving as if your choices have no
consequences .
Reward without effort. Crime without punishment. Rights without
responsibilities ”
This is criminality, pure and simple. It has to be confronted and defeated.
David Cameron on Barclays:
“the whole management team have got some serious questions to answer. Let them answer those questions first.”
Wow, Prick Robinson actually mentioned the Lord’s comments, but only briefly.
Why does the BBC KEEP wanking on about how ‘some’ (they mean them and the Guardian) think the bombing of Germany was controversial?
Even the Germans admit they deserved it, in my view we didn’t bomb them enough.
The Germans needed to be forced into submission or wiped out, me I couldn’t have cared less which, but why does the BBC decide to get all PC 70 years on?
Because the bbc are fucking contrary..!
Loving this Bomber Harris quote:
‘The Nazis entered this war under the rather childish delusion that they were going to bomb everyone else, and nobody was going to bomb them. At Rotterdam, London, Warsaw, and half a hundred other places, they put their rather naive theory into operation. They sowed the wind, and now they are going to reap the whirlwind.’
Fuck ‘em.
Thatcherite Fascist!!
Hitler’s army invades large tracts of Europe, and Churchill and Bomber Harris are labeled as war-mongers by the BBC and assorted bed wetters. The left in all it’s self righteous, hypocritical glory.
Does this mean that after 80 years Hitler and his National Socialist party are back in favour with the British socialists?
Bernard Shaw, one of the founders of the British Labour Party, would be pleased.
the decision to continue carpet bombing cities was a strategic choice…we took it.
Bomber Harris felt he could defeat Germany by bombing it flat. It didn’t matter, what mattered was the bombing of Germany diverted resources the Germans needed on the eastern front.
Stop reading the fucking Guardian MONG.
I wouldn’t wipe your bottom with the guardian dear
So fucking what?
I happen to agree 100% with Bomber Harris:
‘I do not personally regard the whole of the remaining cities of Germany as worth the bones of one British Grenadier’.
Fuck ‘em.
Harris had the right idea.
At the time it was the only effective way to attack the enemy. The fighters had won the defensive bit over Kent in 1940, but the enemy would have kept on coming. It was them or us, that was the choice. Wars are like that. 55,000 of Bomber Command lost their lives to win the war, compare that to the 150,000 of allied infantry who died at the Somme for 12km of fuck all.
absobloodylutely…spot on…they’re bloody lucky they didn’t get nuked….although even we didn’t want that dropping in europe
I’ve always had a thing about British heavy Bombers. In fact, given the choice of who to take to the pictures, Laurie Penny or an Avro Lancaster, I’d pick the bomber.
If there was (heaven forbid) another war, the first thing any government would do would be to take control of the Lord Hawhaws and quislings at the BBC>
Or give the RAF the co-ordinates of BBC central.
The BBC is no longer British. Half of them owe allegience to foreign countries and the other half are unpatriotic, self-hating upper middle class socialists
Just watched Angela Knight of the BBA on CH4 trying to face off any responsibility for the Libor debacle.
This woman has some gall to evade proper answers to the questions Snow put to her. The Q being that it was the BBA who control the libor market and what are you going to do about it all Angela? She stated that they’re going to have a ‘review’ …. huh!
The BBA – is and has basically been a ‘front’ for and is largely funded by the banks. Angela Knight (Another Angela!!! spare us!!!) is the Chief Executive of the BBA – she’s been larging it ‘talking up’ the honesty & integrity of the banks for years (Like Digby Jones of the other big front the CBI) and filling her boots and pension pot with taxpayers dosh.
Its all going from SQUARE shaped in the city to PEAR shaped and not before time.
As for the FOS (Financial Ombudsman Service) – guess who they get most of their funding from ….. The Banks.
She used to be a Tory MP. “She also served as the Economic Secretary to the Treasury from 1995–97.” (Wikipedia).
Golly, what a surprise! Knock me down with a feather!
Thank you Sir AM
She like so many others in the bubble in the city and apologies for the repitition doesn’t get it.
You can fool all of the people some of the time, and some of the people all of the time, but you cannot fool all of the people all of the time. [Abraham Lincoln, 1858
Give it up – all you City-type liars, fools and dupes – your days of being protected by shysters with their disingenuous rhetoric are over.
You can fool all of the people some of the time, and some of the people all of the time, but you cannot fool all of the people all of the time. [Abraham Lincoln, 1858
Unfortunately 50% of voters are of below average intelligence. Which is how Labour are allowed to rep*eatedly fuck up the economy.
So Rachel Reeves takes Osbournes fire as Ed Balls was described as being somewhere else ?? No news on what this other engagement was , and yet nearly a whole main news cycle has come and gone without Ed Balls even offering his chipper informative views , on said Libor fixing , which is odd as he was city minister in the treasury , I would have thought he would be gushing to explain , how ingenious light touch regulation was at er letting certain banks get on with the job and the resultant interbank lending that led to overleveridged situations and credit dry up and 50% of the uk banking sector comming onto the next available balance sheet ,ie the tax payer . I really would have thought he would be on that TV , like a ferret up a drain pipe .
hows the betting going for any interview to contain “Look (insert interviewers name) George Osbournes plan isnt working , hes cutting too far too fast , unemployment was falling when Labour left office , it all started America , some UK Banks , clearly have done things which I could not know was happening , it is not a question about my actions and abilities , it really isnt , It was nae me “
IT WAS FATCHER !!! IT WAS ALL FATCHER’S FAULT !!
“to meet with” = (in English) “meeting”
Leave Chukka-up-alloverya alone! What do you expect from a ‘person’ who looks like a Malteser and sounds like a t.w.*.a.t.?
He’s Leiber’s future you know…………[Gawd help us].
“Formula One’s billionaire chief executive Bernie Ecclestone has offered to pay more than £35m to stage a grand prix in London.”
Let’s go for it, imagine the speeding fines
That sounds like a spiffing way to keep the CO2 emissions down what what, and save the cuddly huskies and polar bears, haw haw! Nothing like a few Formula 1 horseless buggies to save the world!
Toodle pip!
Only 1074 days to go, Dave – or are you and Corporal Clegg going for a quickie ?
http://www.standard.co.uk/comment/comment/will-the-coalition-love-affair-end-in-a-quickie-divorce-7896254.html
It won’t do either of you any good because you’ll still be the same pair of complete and utter twats, as the voters well know.
~ ~ ~ ~ ~ ~ ~ ~ ~
CCHQ – you’d better be listening :
You’re going to have to chuck Dave out pdq, otherwise you’re all finished.
“And, yes, OK, it’s our fault. I hope my leaders don’t hear me say that”
I just wish that more leaders had the moral fibre and backbone to say exactly that.
The word you are searching for is ‘Contrition’ – but apologies are not enough.
Everyone who has gained financially from the crookery – including of their pension when things happened on their watch – will have their bank balances and pensions DOCKED.
Balls was at the helm – he should now resign as a Labour shadow.
Er, you’re not new are you ?? Liebour don’t do resignations.
it’s not just rich bankers and financiers who are above the law. a rich tax exile, so called farmer, inherited title from daddy, never done a good days work in his life but prefers to be called ‘sir’domicile in the uk but lives in south africa/ australia or ireland depending on mood is irate at the local council because he has illegally blocked up/ fenced in public footpaths and has been found out. he’s hurriedly returning from a holiday in europe to tell the council who he is!!!
the rich – think they are above the law
You know, of course, that if ll those thieves that have stolen trillions of pounds of our money through tax evasion and profiteering actually were forced to pay it back , there would be no economic crisis in this country – that only the poor are paying for.
what a nasty little shit
http://www.independent.co.uk/news/uk/politics/david-cameron-vows-to-win-safeguards-for-britain-at-eu-summit-7896608.html
you can tell when he’s lying …..s
a little light reading for all you silly people
http://www.independent.co.uk/opinion/commentators/owen-jones-if-rigging-rates-isnt-antisocial-behaviour-what-is-dude-7897001.html
THE POOR DIDN’T CAUSE THE ECONOMIC CRISIS SO WHY ARE THEY PAYING FOR IT??????
Because the poor voted for the fuckers who rigged the interest rates.
Because we, myself included sadly, voted them in. Sort off. I voted Lib Dems. Lib Dems thought that it better to deal with the tories than Labour (and I can see their reasoning even if I do wonder if all those top jobs influenced the decision a bit).
If you want a laugh go to the MI5 website and look at the definition of terrorism, read it carefully, and think about how the poor are feeling. https://www.mi5.gov.uk/output/terrorism.html
The use of action designed to influence…. the public, or a section of the public; made for the purposes of advancing a political, …. cause; and it involves or causes:
•serious violence against a person; (any disabled been abused by people in the streets for being wasters?)
•serious damage to a property; (likewise)
•a threat to a person’s life; (likewise also the poor generally though not being able to afford food)
•a serious risk to the health and safety of the public; (add them together)
The only real question I have is who do I vote for next time around? Who will do the least damage to this countries social fabric?
Did anybody at Labour think of the consequences when they were rigging record low interest rates via their ‘independent’ MPC. Did they worry about the amount of ‘feel-good’ borrowing this would engender? Did they worry about the effect this would have on house pr*ice affordability? Did they worry about the consequences of borrowing 4% of GDP through the ‘good’ years of a ‘boom’?
No. But now we’re all paying for their (Labour) incompetence.
not everybody
don’t see Dave struggling with austerity, being threatened he’ll lose his benefits if he doesn’t fit in and be a slave
don’t see osborne struggling to decide which property to live in whilst many don’t have homes at all
don’t see any tory struggling with making ends meet
I don’t see any Labour politician struggling to make ends meet either.
What’s you point caller?
who’s in the government now then? tories have no compassion as you exhibit once again – wankstain of the year for you – unbelievably stupid comment
Labour lost. Get over it bedwetter.
I.Q. of a flipflop.
He knew exactly the lies he was telling. Look at his smug smirk at the end of that clip.
Student politics from Owen (gay boy) Jones, just another socialist chancer gagging at the bit to jump on the gravy train, just like Penny (rug muncher) Red.
You know that £290 million in fines that has been levied on Barclays for their misdemeanours ? Well, I’m sure you bright sparks can explain to me where that money (mere electronic ’1′s and ’0′s when you think abut it) will actually go. It looks like compounding the original crime to me. And who will end up really footing the bill ? It couldn’t possibly be Barclays customers, could it ?
Let’s face it, fines only serve to make the situation worse for the victims. What it really needs is for the thieving bastards to be put away for a good few years.
Ultimately it simply goes back to the banks. The banks fund the FSA. Once the FSA has received the fine, it means that the banks need give it less funding in future.
… and when the FSA receive the cheque, to whom do they give it for safe keeping? Yup, the banks. All aboard the merry go round!
Right now Balls will be briefing against him. By tomorrow there’ll be stories circulating that Tunnicliffe is a cross dressing leprechaun with an addiction to anchovies.
A bloke in the pub this evening told me that Tunnicliffe is a cross dressing anchovy with an addiction to leprechauns.
This is Rick Nobinson, BBC News, in Sir Aston Martin’s pub.
The central banks of the world have been rigging interest rates for years, leading to artificial booms and ultimately busts, precipitating our present economic malaise. No-one says anything about that though. No mention of the folly of central economic planning, or fiat currency. It’s the elephant in the room.
Exactly. The entire clusterfuck can be laid at the feet of Greenspan (for the US) and Brown (for the UK).
Without insanely low, artificially mandated and rigged interest rates then ‘the banks’ could not possibly have persuaded millions of people to borrow insane amounts of cash to fuel a property boom. And without concomitant massive deficit spending and public sector recruitment by Bush (in the US) and Brown (in the UK) then there would have been no demand for all this over-pr*i*ced housing.
It’s not been a great day for anyone called Barclay – think I’ll change my first names to Nat West.
I could tell these young whippersnappers a thing or two about running a bank.
Tunnecliffe is already on a one way flight to “somewhere for rehabilitation”. Jack Straw sorted it out earlier.
What we need is Mel Gibson to take out the banks with a few well-aimed bouncing cheques.
Sounds as though the Liebour Party could do with some new blood. What about Bob Diamond. Perfect specimen of deniability.
They could use some new blood all right. I suggest an angle grinder. Or a fucking great axe.
There is a e-petition call for a public inquiry into the Libor scandal.
http://epetitions.direct.gov.uk/petitions/35421
Er, I don’t think that’s a very good idea. After all, that might lift the lid on The Reign of Terror 1997-2010, although we would all be pleading the ‘ Fatcher Dun It’ defence.
Don’t know about banksters and their corrupt dealings and would expect to see more about this from equally corrupt politico’s.
However completely off topic is the good news that and I say this based on the Bomber Command commemoration today.
In that the Italians beat the Krauts at fussball,pity that it was’nt us,but at the time our bomber command did us proud.
To those of you who are still around,we are proud of you and you my friends where not playing fussball,you were laying your lives on the line against a maniac who was supported by powerful people.
The despot maniac Herr Hitler could not have caused world war unless he was supported by powerful people and their cash,this tosser was a penniless so called painter who managed to support a minor bunch of brownshirts army.
What a feckin joke,think about what industrialists and banksters supported this guy WIMHO was mental.
Good job you were not listening to Radio interview ,with Monsignior Bruce Kent and ex Gulf war Raf Navigator , I blew a gasket at how that one went .
The luftwafer invented the term “to Coventrate” after sucessfully demolishing Coventry in one raid .
I mean when they see these few remaining people still have such memories it brings tears to their eyes , what are they thinking mmmm lets portray them as puppets of imperialism . After 30 raids only half were left , a 50% certainity that you would not return home , with your fellows who had tea with and they wheel out some moral conundrum of todays more clinical wars .
My memory of my relations who fought in WW2 , is one, of men and women who did it ,beacuse they valued there country and didnt want the alternative of National Socialism , they fought because they knew the alternative . They must spend hours thinking up how they can warp the truth of WW2 .
I appreciate we have what could be termed a new generation , and have enjoyed a more politically peacful europe , but those people who fought are really the authors of that history , and most of them had no hesitation in returning the methods used on them . Some military actions are not as guilt ridden as the lefties like to make out , some of todays output was little more than poor history understanding and make it simple enough to get a tweet trend .
Yeah …… but Danny De Vito …… on a late political show , no doubt if TW budget was blown , next week choo choo and postman pat have to put up Jimmy Carr doing a review of investments in dinky and corgi models
I think QT was a bit of loss , after first question had 3 “you cant keep blaming the last goverment speeches” , really what part of monumentally bust could have been resolved in 2 yrs ?? I am still trying to work out if Lord Ashdown , had grasped what he was saying , still struggling with recalling which party it was that ruined economy .
My 87 yo aunt at bomber command unveiling yesterday travelled down from Preston – her sadly now dead husband completed the full tour as of 30 missions as a rear gunner at the height of the war – those Hunts at the BBC and the guardian really have no fucking idea
After a run of success in Europe Germany are finally beaten in Poland.
Rerun of WW2?!
Karma’s a bitch.
This week David Dimbledor chairs his biased BBC Question Time program from the enriched town of lucky Luton.
On the panel tonight and in no particular order are :-
Transport secretary and part time Nordic dwarf Justine Greening MP
Shadow Olympics minister and money launderer Tessa Jowell MP
Former leader of the bleeding heart Democrats Paddy Ashdown
Comic actor and Labour luvvie Tony (Baldrick) Robinson
Businessman Terry Smith?????
Chief executive of the City brokerage Tullett Prebon (Banker wanker whiping boy).
Join us as we take the piss out of BBCs most biased program on air, and hopefully have some fun too!
ALL ARE WELCOME.
http://biased-bbc.com/2012/06/28/questiontime-livechat-28th-june-2012/
First topic is bankers and libor rates leading to increase in mortgage rates and fraud, tessa jowell visibly gulped!!
Far too many fail to remember that Jowell’s husband is the Lawyer David Mills – he of Berlusconi’s mate & fame – and what of the disappearing papers ‘that just flew out of an open window …
Tessa Jowell of course – would rather forget a Labour Party fringe meeting which she ducked out of a few years ago – said meeting being chaired by Will Hutton and another celeb on the panel was of course Polly Toynbee … she of Marxist daddy Arnold Toynbe. Ho Hum. I got’s me a copy of Arnolds “The World and the West” – his BBC Reith Lectures 1952. Commie b’strd.
Tessa Jowell wrecked many a High Street by ramming through the 2005 Gambling Act which makes it virtually impossible for local residents to prevent former shops turnng into bookies.
In fairness there’s precious little other businesses wanting to open up on the High Street. The High Street would look even more of a bomb site but for the bookies that have opened up.
Plenty of shops in my local High Street.
Ah the Super-casinos that John Prescott attempted to foist upon us – he having been lobbied, and fed by the big boys in order for them to get their way. Well it didn’t quite happen that way – because someone on the south coast tore into their local council [Lib Dem controlled at the time] against the issue. [See Newsnight! Paxo is still pants mind]
It matters not a jot whichever party is in power on a local level – They are just like in Commie Russia – beholden to Central Government diktats. The illusion is just that there is some kind of political divide – when in reality – there is none.
On Newsnight Esler choking and stammering every time Treasury Minister linked the Labour Government to the banking fiddles.
The Minister has clearly got his dates messed up.
Yes, our News should never have mentioned that Barclay’s admitted to discussing the lending rates etc with Brown and Darling.
Tip. Switch it off. Every other viewer has. Except for care homes, twonks and political anoraks.
Blimey the QT panel have enough make up on to resurface the M1.
Can’t be doing with Justine Greening’s facial warts. Not her fault but it’s bloody hard to ignore them and pay attention to what she has to say.
Better than Ed Balls’s genital warts, stare at them all day and you would blink like that cnut does!
We should resurface the M1 with thick twats like Jowell!
I wouldn’t mind driving over Ian Duncan smith a few times either
Note to all news editors:
there should be no suggestion that the present banking crisis is the fault of lax regulation on the part of the Labour Party.
That is certainly the opinion of the BBC’s QT
. . . . . the fault of lax regulation AND COLLUSION on the part of the Labour Party.
Can we have this misleading post deleted, please ?
Well done Michael Portillo 55,000 men gave their lives in bomber command to this country, only 3 percent survived. Yet the BBC has been rubbishing their name all day.
Who is running the BBC?
A bunch of communists?
We call it the Euro-communism now, do catch up.
Someone needs to tell the lefties they are not fit to shine those mens boots. Average age 22.
It just sickens me the lengths the left will go to to rubbish this country and its culture. The island’s back was broken standing up to perhaps the greatest tyranny ever known, and what to the BBC do – handwring.
To paraphrase bomber Harris, they care more for the yuuuman rights of some feckless immigrant than they do of all our remaining history, achievements and institutions.
There will be a price to pay, fuckers – read ‘The Secret People’ by G K Chesterton.
They have given us into the hands of the new unhappy lords,
Lords without anger and honour, who dare not carry their swords.
They fight by shuffling papers; they have bright dead alien eyes;
They look at our labour and laughter as a tired man looks at flies.
And the load of their loveless pity is worse than the ancient wrongs,
Their doors are shut in the evenings; and they know no songs.
We hear men speaking for us of new laws strong and sweet,
Yet is there no man speaketh as we speak in the street.
It may be we shall rise the last as Frenchmen rose the first,
Our wrath come after Russia’s wrath and our wrath be the worst.
It may be we are meant to mark with our riot and our rest
God’s scorn for all men governing. It may be beer is best.
But we are the people of England; and we have not spoken yet.
Smile at us, pay us, pass us. But do not quite forget.
You’ve got it coming, bedwetters. Just-you-fucking-wait.
If anyone thinks Labour didn’t know what Barclays was up to, they’re in cloud cuckoo land. Well done to ITV News who said in their report this evening that all this happened on Labour’s watch.
All the bandwagons that Labour are shamelessly jumping on are over criminal acts that took place on their watch. They knew about Barclays rigging interest rates, they knew about phone hacking, and they happily let it happen. Labour’s 13 years were ones of outright criminality.
You will NOT hear this on our broadcasts.
Nor this…..
The BBC are also criminals for aiding and abetting the cover-up
and so are the tories for continuing labour financial policy
There’s no money left. Ha ha ha ha ha….
I suggest that Labour peer doesn’t go walking near any woodland.
I’m a diamond geezer.
So it seems
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9363514/Bob-Diamond-will-receive-20-million-if-he-resigns-from-Barclays.html
Andy Murray is an arrogant cock and I hope he loses.
Yes, lets hope a humble Englander wins. Oh, wait . . . . . .
Or someone from the valleys
I think Chloe Smith is cute and she handled Paxo rather well. Had that been Harman getting that sort of questioning, she’d have accused Paxo of attempted murder.
Who is she and why is she paid so much to be so useless?
Exactly. She was given that post in order to handle people like Paxo. If she cant do the job she should never have been chosen – People should be chosen on merit not just because of their sex.
It worked for me.
I wish both Spain and Italy well in the Euro final.
Oh dear!
My money is on the ref.
Why are Johnson and Portillo wearing similar striped shirts on This Week?
Could they be transforming into the stripes that Prisoners wear? – Watched the pair of dillons waffling on about their own ‘self-impotence’ … pontificating about their perceptions etc etc what hey! – Johnson was at the end of QT – said to be on QT next week. By then there will be ‘some more info exposed onto the internet about what a dirty little Union ‘front’ johnson is and hasbeen.
Clue – Johnson was approached in a quite civil and polite manner at an evening Labour Conference do at the Royal Bath Hotel Bournemouth a few years ago. Some mattters were put to him [Labour being the government then!!!] – but what about the burly union bully boys who then descended upon Johnsons questioner?
What happened next Mr Johnson? Did your Union Buddys so intimidate the questioner such that he had to depart for fear of being beaten up? Its all on record.
I smell cock sucking going on.
More people died unnecessarily under 13 years of Labour than ever died under Mrs Thatcher. Fact. Just on the Iraq war alone, Labour is responsible for more deaths. Labour has so much blood on its hands, it’s swimming in a tide of red.
War Criminals!
30 people a week are dying now, under the tories, due to changes in welfare law – tories kill their own not other people’s
But how many lives down the pits did Thacher save by standing up to the coal workers union and closing uneconomic pits?
When it comes to a contest of ‘killing their own’; Mao, Stalin and Pol Pot win all the gold medals hands down.
You are a substance induced Lord Haw-Haw National Socialist
and I award you a pound out of your own pocket.
Yeah. Right. 30 people a week.
Must go. I’ve got a baby to eat.
That Lea & Perrins Baby Sauce over there. Could you pass it over?
Bedlam & Babel • a day ago
−
In Soviet Russia, the joke was this:
“The bosses pretend to pay us and we pretend to work.”
A long time ago, I tried to explain to someone at work how the relationship between boss and employee worked.
I said the employer tries to pay you as little as possible, provide the least facilities and benefits and extract the highest amount of work from you as he can. In return, you have to try to sting him for the highest wages possible, exploit whatever perks are available and get away with doing as little as you can.
That was not supposed to be anything other than a slightly humorous portrayal of a struggle between worker and boss, but at least there was some kind of balance, some kind of quid pro quo.
It seems that now, the workers are hurtling headlong into slavery because business has now replaced religion and business is aided and abetted by the cult of politics, which now sees itself as the priest class, the intermediaries between the people, of which they are no longer a part, and their magical, mystical masters, who hide behind the curtain in swirling wreaths of smoke and speak through a megaphone, like the Wizard of Oz.
It is all, of course, an idiotic, cranky, malignant, insidious, poisonous scam to filch the money from the true creators of wealth, the workers, and stuff it into the tax-havens of the rich.
So far, they have managed to accumulate about 18 trillion dollars this way, all hidden in offshore banks, away from the real economy and enough to lift the entire globe out of recession.
When you perform unpaid work, you are colluding with the tax-fiddlers and their pet governments to impoverish not only yourself, but everyone else as well.
The UK’s current slavery tsars are Iain Duncan Smith and Chris Grayling.
Every time you work for nothing, either voluntarily or through their forced schemes, they laugh at you and call you stupid, spineless schmucks.
You need to open your windows and push your heads out and shout:
“I’m as mad as hell and I’m not gonna take this any more!”
Partially Claps , as its fairly obvious Labour did somthing totally rotten to the old relationships and institutions . probebely for EU , but cant rule out greed once the spin had worked .
While business has been around for millennia and has changed little in that time, to me, it’s socialism that, if anything, has replaced religion (Christianity) in the once Great Britain.
It’s a highly moral belief system with its own messiah (Marx) and bible (Das Kapital) and devil (Thatcher) that, like Christianity, is built on a fantasy which while its bishops (labour party, union bosses, academics and beboids) enjoy a sort of utopia (heaven) its followers (the proletariat) for generation after generation of sacrifice are never actually delivered to the promised land.
Fuck the Pinko BBC
England cut off from Scotland as rail lines closed.
I’m feeling much better now.
Question time last night had Pantsdown aping the Lib Dum line that we need reform of the HoL in order to get real democracy and have laws made by elected people not heirs to wealth, bishops, judges and cronies.
All very fine motives until you realised that they are doing the exact opposite with their support for the EU.
When an unelected judge can decide the outcome of an employment case involving Spaniards that then becomes law throughout the EU seems about as democratic as Stalinism or Nazism.
http://www.telegraph.co.uk/news/worldnews/europe/eu/9350669/Its-cruel-European-judges-who-are-destroying-jobs.html
you dont still watch question time do you??
are you old enough to post here?
There will now be a political broadcast on behalf of the BBC Party.
I see the banking scam , the politicians have learnt the lessons , the ones in the dock should be the heads of the banks, Brown and co, Bliar and his mob, and the uconned us opposition, time to fine them and take all from their private stashes of money and take the houses and clothes off their backs.
Once a thug, always a thug…
Lord Tunnicliffe can’t have said these things – he doesn’t have a computer or phone and in fact he’s mute.
Is that what Balls looks lke on the vinegar strokes, d’you think?
He looks just like a Bulldog trying to lick piss off a thistle
O, yes!
Ed Millitwat says criminal prosecutions should be brough againts Barclays. Er, what CRIMINAL law have they broken Ed? Do you even know what Libor stands for? What about Tony Blair being a war criminal? Get a sense of perspective you imbecile!
I’m getting it while I can, its fun being the King in Waiting!
http://www.bbc.co.uk/news/uk-18645331