February 23rd, 2013

Saturday Seven Up

This week 106,640 visitors visited 345,217 times viewing 592,270 pages. The top stories in order of popularity were:

You’re either in front of Guido, or behind…


283 Comments

  1. 1
    Drone says:

    Just go, Osbo, just go.
    You have less credibility than Balls.

  2. 2
    Old England says:

    AA A

  3. 3
    Owin Jones says:

    The UK has lost its AAA rating from Moodys. If we go on to lose AA as well, does that mean we don’t have windscreen cover anymore…?

  4. 4
    Ed Balls(Chancellor Of The Exchequer Designate) says:

    Moody’s has downgraded UK from AAA as i suspected would happen – Osborne said it was the # 1 benchmark to judge him by – so he must resign.

    Simples.

  5. 5
    Owin Jones says:

    Good Morning Campers: from today it is illegal to purchase or possess AAA batteries in the UK.

    I blame George Osborne.

  6. 6

    Moodys. They gave AAA status to junk bonds. Says it all.

  7. 7
    Herbert Gussett says:

    Lost AAA rating, prob triple dip recession, £ dropping like a stone, increase in convicted immigrants staying in UK = Tory success story.

  8. 8

    Yes. After Blair Brown’s 13 years left that enormous surplus too.

    Awful isn’t it?

  9. 9
    One Term Dave says:

    I can’t do anything about the BBC, all the useless quangos and civil service jobsworths and the countless benefit parasites who are bleeding the country to death. I just feel so helpless.

  10. 10
    Drone says:

    This government is wreaking economic terrorism on this country.

  11. 11
    Ed Balls(Chancellor Of The Exchequer Designate) says:

    Sweet Mary mother of christ this made me cry hahahahahaahahahah AAA !!

  12. 12
    Ladyboy Bollox says:

    I agree.

  13. 13
    Pissedoffius says:

    The Tories are simply rubbing our noses in it. They’re telling us, the ordinary people, to pay our taxes or else while happily allowing their corporate paymasters to get away with murder. How much longer do we have to put up with this disgusting excuse for government

  14. 14
    George Osborne says:

    No quitsies.

  15. 15
    Anonymous says:

    for balance try 7up and 7down. invert 7up so it is the mirror image of 7down.
    .
    for another perspective….
    that is for another time.

  16. 16
    George Osborne says:

    I should have listened when the garage said I needed a new battery.

  17. 17
    George Gideon Oliver Osborne says:

    Just had a jam doughnut for breakfast, that was goooood.

  18. 18
    Ron says:

    Should’ve stuck to just picking a pocket or two.

  19. 19
    Anonymous says:

    Its’ always jam tomorrow for the rest of us though.

  20. 20
    Who Want's Some! says:

    I think Osborne meant HIS AAA rating was the bench mark of his enormous wealth and credit rating. Let’s face like the rest of the elite they live in their own country and there things have never been better, population less than mid sized village with exclusive schools, jobs, pensions and you get to f_ck over all the serfs any time you want.

    Vote UKIP not because they would do any better or different but because you can use them as weapon the upset the elite. Be under no illusion this lot will turn nasty if comes to real challenge to their power, never forget that it was the English Civil War that kicked off a 300 year process that took us to Representative Parliamentary and also remember that it took the 1914 -18 war for the vote to be given to all males over 21 and females over 30. We’ve not even had a century yet of the limited ‘democracy’ the elite bang on about. Time to remind them its us that count not them.

  21. 21
    Guido Fawkes says:

    Owen Jones is like a teenage girl. He has a diary, a tiara, a favorite ring, a pet he adores, and an obsession with a famous teenage guy.

  22. 22
    Owin Jones says:

    I would stimulate the economy, a housing plan, a mansion tax – put jobs and growth into the economy.

  23. 23
    albacore says:

    Oh look – there’s sod all about the N H S
    None of the killers is about to confess
    Plod’s twiddling his thumbs and cogitating
    Parliament can’t be arsed with debating
    The top dog’s still lording it, sitting pretty
    All those old folks bumped off – ain’t that a pity

  24. 24
    Fog on the Tyne says:

    Agree. The present “democracy” is simply churning the same old shit, decade after decade. The institutions of the country are run by parasitic amateurs whose only concern is consolidating their own privileges and bleeding the public purse for their own gain.

  25. 25
    Dave"The One Term Prime Minister" Cameron says:

    Mansion tax – ‘That’s our plan. That’s what I want’ George Osborne tells Radio 4 today.

    George Osborne has my full support,mainly because he’s too tight to pay for his own support.

  26. 26
    MUCKY GUSSETT says:

    Thank God then we are not experiencingthe Labour alternative

  27. 27
    Owen's boyfriend says:

    Owen’s is my favourite ring.

  28. 28
    DAVE jammie dodger CAMORON says:

    “Let them eat Kak”

  29. 29
    Kebab the tipster. says:

    Channel4Racing Quantitative easing running in the 3:50 at Kempton today.

    Just Saying.

  30. 30
    Ma­qboul says:

    Tin Foil Hat post of the month.

  31. 31
    Owin Jones says:

    When is Gideon going to realise towel folding skills are not transferable. !!!

  32. 32
    PETER TATCHELL says:

    Funny how the Tory party is just a bunch of closet gayers who hide behind their token wives
    I should really out them all

  33. 33
    Anonymous says:

    a famous tv company is suggesting something subtly different..
    .

    http://brandtags.blogspot.co.uk/2011_06_01_archive.html

    .
    so try a different peespective.
    all truth in plain sight.

  34. 34
    Ma­qboul says:

    Falling pound is good for exports and will enhance British economic activity. Clever move by Osborne to try to sweep up the shite left by Brown, Balls & Milliband.

  35. 35
    Ma­qboul says:

    Another fucking idiot.

  36. 36
    Factoid says:

    Democracy is bollux. The politicians are thieving liars only interested in getting re-elected in the short term. Joe and Josephine Public are ignorant and stupid and easily bribed.

    Watch out, the debt tsunami is nearly here.

  37. 37
    LabLibConners Manifesto says:

    We don’t need manufacturing anymore, we going to continue to survive on the efforts of the public sector skivers, financial services, and all the luvvy carers etc. etc.

    No one need do any real work ever again.

  38. 38
    Cut-me-own-throat Dibbler says:

    I disagree. While he isn’t doing all that well, Britain would have lost its AAA rating two years ago had Labour still been in power. As it is we held on to it for much longer than most other major countries.

  39. 39
    BARON CHRIS RENNHARDON of WAVEACOCK says:

    Cyril Smith was my hero

  40. 40
    Owen's boyfriend says:

    Try something other than Hello magazine for your economic insights.

  41. 41
    Osric Testacles says:

    On a brighter note, nice to see a defection from collapsed lung face Farage and his bad of angry, red faced cardigans.

  42. 42
    Dave and Gideon Wankers R Us says:

    We’re going to commit hara-kiri this morning, because we are so ashamed about the £1.4 trillion debt and losing the AAA Rating.

    Ha Ha Ha. No we’re not. We’re going to do important things like legislating for Same Sex Marriage

  43. 43
    Vague & the Boys says:

    Oh — you are such a bitch Tatty

  44. 44
    Fog on the Tyne says:

    Retard Alert! Poundland checkout staff on teabreak!

  45. 45

    Ah. They don’t make them like John Bright any more though.

    I trust you are well, sir.

  46. 46
    Going down the pan says:

    The country is being readied for an EU dependency “buy out” like Greece Spain and Italy

    Germany and their French Collaborators now have realised their dream of Eurrpoean domination , without a shot being fired

  47. 47

    Ex-Lax Senna Chocolate running in the race beforehand.

  48. 48
    outsource me, baby says:

    Yes, the last remaining UK manufacturer, Arkwright Consolidated Widgets of Grantham (and their nine employees), will be delighted.

  49. 49

    Didn’t know they could get out of bed this early. What’s gone wrong?

  50. 50
    albacore says:

    Do you need a passport to go to London these days
    Now that it’s a foreign city, so the census says?
    Mr Hitler’s Stukas and Heinkels and Messerschmitts
    Never managed such a change with the whole of the Blitz
    If he’d dropped armed invasion and tried immigration
    We’d be speaking German now, here in Churchill’s nation

  51. 51
    K Niphofia says:

    Gideon’s trouble is that he doesn’t know when to fold.

  52. 52
    Lib Dem woman says:

    Oooooh, Baron! With your quadruple chin and fat greasy fingers, how could you not think that we’d find you irresistible!

  53. 53
    Going down the pan says:

    Good morning sir trust you are well ?

    It appears it’s not only expences that the Westminster scum fiddle

  54. 54
    Bert says:

    Bit early to be taking LSD, isn’t it?

  55. 55
    Going down the pan says:

    I say you chaps do you also make “Thing ummy bobs ” ?

  56. 56
    Gordon Brown says:

    Why waste your pocket money on Plasticene when Mother Nature gives you poo?

  57. 57
    Grollace says:

    I was going to complain about being made to commute for 3 hours a day, but then I felt a strange Lib Dem hand running down my back.

  58. 58
    from Spain says:

    Hola…….. no problems here in Spain everyone gone back to the land/planting waiting for the farming subsidy fron the EU.
    no worries here just another Major up for fraud and the new Toll road has gone bust.

  59. 59
    I Remember You Hoo says:

    You have to excuse Maqboul, he’s a retard.

  60. 60
    Bert says:

    You forgot to mention his 35-dioptre specs, which presumably he takes off before ogling those grisly LibDem babes.

  61. 61
    BARON CHRIS RENNHARDON of WAVEACOCK says:

    God loves a trier , even if the Lib dems don’t

  62. 62
    Casual Observer says:

    Just watch Eastleigh — Con collapse coming

  63. 63
    Anonymous says:

    Looks like Labour is economically competent than Cameron or Osborne. UK credit rating has fallen and expected to fall further.

  64. 64
    GEORGE OSBORNE (Stan Laurels love child) says:

    “Thats another fine mess i’ve got you into”

  65. 65

    Churchill’s nation exists no more
    It belongs to those buggers from Lahore
    From ten sixty six to ninety seven
    We resisted an Islamic heaven
    Sixty nine years short of a millennium
    We become ruined in seven biennium

  66. 66
    Anonymous says:

    There are growing calls for Chancellor George Osborne to quit after the UK lost its cherished AAA credit rating despite the Coalition’s efforts to cut the deficit.

    Moody’s, one of the three main credit ratings agencies, announced that it was cutting Britain’s rating to Aa1, one notch below the top grade, dealing the government a massive economic blow.

    It is the first time since 1978 that the UK has seen it’s rating dropped from the AAA level.

    Read more: http://www.dailymail.co.uk/news/article-2283088/Calls-Osborne-quit-Britain-loses-cherished-AAA-credit-rating-downgraded-time-35-years-level-France-fears-triple-dip-recession.html#ixzz2LiIrvtDS
    Follow us: @MailOnline on Twitter | DailyMail on Facebook

  67. 67

    I wish I could say my sombrero runneth over. :-(

  68. 68
    I Remember You Hoo says:

    The government can only ‘put’ growth into an economy by taking wealth from elsewhere via taxes. All taxes depress the real economy dimwit.

  69. 69
    Wilkins Micawber says:

    “despite the Coalition’s efforts to cut the deficit.”

    What a crock of hogwash. They have run up record levels of debt.

  70. 70
    GEORGE OSBORNE (Stan Laurels love child) says:

    “Box of Kleenex for Mr Balls ,Please ”

    He has just come in his pants on Sky News

  71. 71
    (I don't need no doctor) says:

    What was BBC Newsnight all about last night? Not a mention of the report on the BBC. There must be turmoil within the cowardly BBC.
    The best and most respected broadcaster – NO!

  72. 72
    Wilkins Micawber says:

    Then resign.

  73. 73
    I Remember You Hoo says:

    Of course your assumption is, we live in a democracy. We don’t.

  74. 74
    Wilkins Micawber says:

    The pound has tanked against the Yuan

  75. 75

    The seventh commandment set in the modern vernacular:

    Benedict’s bumboys blackmail brouhaha

  76. 76
    David Cameron says:

    Morning all, isn’t it a dolly day! Ooh, we’ve been downgraded! Cheeky! Apparently we’ve run out of measures, nanti a funt between us! Yoo-hoo! George! Scarper over to the Bank of England as fast as your lallies will carry you, give them a butch lav to print some more metzas!

  77. 77
    Fishy says:

    WTF?

    We’ve had two years of Labour carping -the arsonists criticising the fire brigade – then faced with a monumental deficit, the compounding of Labour’s debt and their inherited liabilities, the poison pill of an out of control benefits system, and no growth to speak of anywhere, the Right turn their guns on themselves.

    You couldn’t fuckingwell make it up – get a grip.

    Assuming of course posters here are of the right.

    As for the DM, it’s long been acknowledged that their Editor is a mate of Gordon’s so their gloating and that of the BBCs favourite economist, Blanchflower are to be expected

  78. 78
    GEORGE OSBORNE (Stan Laurels love child) says:

    That Financial Genius Ed Balls just has , all over the sky studio
    Creaming himself over the loss of triple A

  79. 79
    Sane Person says:

    And what a disaster giving votes to all has been. Turkeys don’t vote for Christmas. And look at the Pryce jury.

  80. 80
    The Public says:

    I think a pay cut for all MPs is in order.

  81. 81
    albacore says:

    Now, our old cat, he’s an aged fellow
    What he ain’t got is one streak of yellow
    For intruders he has sharp teeth and claws
    And battle scars from umpteen bloody maws
    The one thing above all in him inbred
    Is that you quit your home land when you’re dead

  82. 82
    Juror says:

    Can I decide the verdict based on what I saw in CSI last week?

  83. 83
    Cliff Cable says:

    I’m inclined to think that we’re being railroaded into bum-sex because Cameron & Co think the commandments are just a joke.

  84. 84
    Anonymous says:

    Dave and Gideon are like an actor joined at the hip playing Richard 111 at the Battle of Bosworth, “A policy, a policy anyone with a policy, that will rescue us before we go under”
    Geedo what about this,a bitch fight at UKip http://www.bbc.co.uk/news/uk-politics-21555727

  85. 85
    Fishy says:

    The £ on 1st January 2009, in the reign of the Great Imbecile, was worth only 1.03 Euro. This represented a 25% devaluation in our currency (nearly 33% against the Dollar) and was a statement from the world’s markets about the unique and dire state Britain’s economy had beenplaced in, compared with everyone else.

  86. 86
    Remember Private Manning says:

    Today remember private Bradley Manning, still imprisoned by USrael for blowing the whistle on crooked scum in Government.

  87. 87
    Fishy says:

    Same sex marriage isn’t compulsory. It won’t affect you – get over it.

  88. 88
    Anonymous says:

    There there, Gideon wipe away your tears, there is a good lad, no one is indispensable

  89. 89
    Indipendant cockney says:

    I think you’ll find that many of the posters on this site, as of late, are faux rightist, that is they are leftist/Marxist trolls, paid or just plain stupid, that post in an oh-so-clever way, mostly to disrupt the flow of discussion but also to reassure and justify their own faith in the wrong-headed world view that they have been brainwashed with.

  90. 90
    Fog on the Tyne says:

    Throw in the towel?

  91. 91
    Juror says:

    What does prosecution mean?

  92. 92
    THE CPS says:

    No but you can borrow our Ouija board if that would help.

    BTW, If the accused is from any of the Murdoch papers, you don’t need to trouble yourself, a guilty verdict will suffice.

  93. 93

    What? The one who tipped the wagon to within an inch of the cliff?

    All Osborne did was to fail to stop it plunging over.

  94. 94
    A REAL JUROR says:

    Me am not understany dis , is me gotta say giltee if me finks vat she is innit ?
    or avi jus gotta make fings up and look like i is understanding wot is goin down in ear

  95. 95
    The Public says:

    It does affect us when the government would rather spend time on it while the economy is being driven into the ground.

  96. 96
    A REAL JUROR says:

    Soliciting for a fee

  97. 97
    Plato says:

    Democracy is inherently weak because it relies on an intelligent and well-informed electorate which is very difficult to find.

  98. 98
    Spaddy Twinkle says:

    Here’s the draft script for next Friday, Prime Minister.

    “A typical mid-term election result. Lessons must be learned as we go forward into the future, always making sue that we remember the needs of the less fortunate within out all inclusive multiracial society. Fully understand the frustration of hard working families in these difficult times, and the temporary support they have shown for UKIP. Nevertheless our coalition partners have done well as a result of the achievements of our combined government. I look forward to continuing our successful policies with them”

    Is that enough bollux for your Beeb interview P.M.?

  99. 99
    Sally Bercowitz says:

    I’ll do it for free after a couple of vodkas.

  100. 100
    Fishy says:

    So who would UKIP’s Chancellor be exactly?

    Not Marta Andreasen by any chance?

  101. 101
    Fang Pat says:

    To think of all those great industries that were set up and enlarged under the period between 1997-2010 (a period that paradoxically did not happen). There was a tremendous growth in manufacturing in the UK under the labour party, with no Englishmen and women having to take a reduction in living standards because of jobs going to others or being ‘out-sourced’ to foreign countries.

    That’s is why herr Balls said on the radio this morning that he would create jobs in Britain, although he didn’t mention which sector they would be ‘created’ in.

  102. 102
    Casual Observer says:

    If you could read English, you could look it up in a dictionary — you stupid fucking immigrant.

  103. 103
    Gideon says:

    LSD was abolished before I was born.

    
    

    That’s my line and I’m sticking to it.

  104. 104

    You are just too kind my dear albacore
    Serving fine couplets from days of yore
    To keep our ground we all must fight
    And cats kill better than all others might
    It matters not whether sticks or knives
    Because a cat it hath nine lives!

  105. 105
    Casual Observer says:

    A throat cut would be more beneficial

  106. 106
    Woman in a head-scarf says:

    Does the verdict depend on what my husband tells me to say?

  107. 107
  108. 108
    Owin Jones says:

    If the UK had lost AAA under a Labour Chancellor the Tories and their associated spin doctors would be going on about it until 2525 AD.

  109. 109
    Horace Rumpole says:

    The Defence certainly had your number, didn’t they ?

  110. 110
    David Cameron says:

    Oooh I cackle, that’ll see us through the munge! You’ve screeved that fantabulosa, heartface!

  111. 111

    See you are starting off as you mean to go on. :-)

    Your suppressed comment from last night did not appear to come out of purdah this morning.

  112. 112
    Bumboy Dave says:

    Crisis? What Crisis?!

    Look on the bright side, spaz plebs, at least Global Warming’s kicked in as promised.

  113. 113
    Anthony Barber says:

    Get your hair cut, young Osborne.

  114. 114
    Fat kosher Blogger on the credit downgrade, sterling crisis says:

    .

  115. 115
    Haribo Halfwit says:

    Envy of the world, is it not? Or is that another one of those bold and shameless lies…

  116. 116
    Point of Information says:

    @WM: They have cut the deficit, but mainly by slashing inward investment. Hence some of the problems in the real UK economy.

    The reduction in the deficit has only slowed the growth of the debt.

    Without massive cuts to government expenditure will the deficit problem be neutralized and the debt either stabilize or start to be paid off.

    The next steps will be delicate.

  117. 117

    Analogy:

    Labour take a full Airbus A-380 into the air, failing to fill it with fuel beforehand because they spent the money that was reserved to buy it. They fly it far out into the ocean until the fuel is just about to run out. Then, dimly realising their error, they lose their nerve and the controls get handed over to the other people. Too stupid to realise that the impending crash was set up entirely by them, they then start to shout aggressively at the new pilots You stupid bastards! Are you trying to kill us?

  118. 118
    Go figure says:

    If the government had increased the poorest workers’ income tax by 100% under a Conservative Chancellor, Labour and their associated spin doctors would be going on about it until 2525 AD.

  119. 119
    Mong Jury says:

    It’s fairly obvious there were one or two muzbots in the Pryce jury. The question about a wife’s duty to obey her husband, coupled with the rank illiteracy shown by the other questions, suggests strongly there was a headscarf and/or a bearded abdul in the jury.

  120. 120
    Residing in 96.99% white Merseyside says:

    Our credit rating doesn’t bother me just so long as my benefits and pensions remain as solid as the Rock of Gibraltar.

  121. 121
    The Tory Party says:

    But easy to ignore

  122. 122
    Sam from Witney says:

    Know any good lezzas in Canterbury?

  123. 123
    Residing in 96.99% white Merseyside says:

    Only thing is UKIP would just become the new elite.

  124. 124
    Ah! Monika 2013 +1 says:

    Britain’s most senior Roman Catholic has said he believes priests should be able to marry if they wish to do so.

    Presumably same sex marriages.

  125. 125
    albacore says:

    Well, then, let’s hope that Larry will get his fangs out
    And conduct a bloody Parliamentary rout
    While the dozy electorate sits on its arse
    And just watches while Armageddon comes to pass

  126. 126
    Residing in 96.99% white Merseyside says:

    Join the Euro then – simples.

  127. 127
    Tessa Tickles says:

    Speaking of suppressed comments from last night, I no longer have my husband barking, “get off that bloody computer, you’re not spending half your life on that bloody website again!” Or words to that affect. So I can spend a bit longer here today, until he comes round after the 3 bottles of plonk he downed last night.

    How have you been? All’s well?

  128. 128
    Ah! Monika 2013 +1 says:

    Maybe, but the court ‘artist’ failed to show either.

  129. 129
    Anonymous says:

    Only an idiot will borrow and consume. Should have gone for good investments not like the stupid HS2. HS2 will be expensive and will need government money even for operations.

    Cut benefits, cut regulation and cut minimum wage. Give tax cuts to the productive side not to banks or the service sector.

  130. 130
    Point of Information says:

    The downgrade is hopefully the closing chapter on the economic legacy inherited from Labour.

    It should be a catalyst now for getting through the changes which are required.

    Osborne should get the kicking he deserves on this issue, but in no way is Balls handed any credibility on this. He was directly involved in creating the mess in the first place.

  131. 131
    Kavenagh QC says:

    Any Jury which asks if it can consider “information” which wasn’t led in evidence are cleary idiots.

  132. 132
    The Far Right says:

    Screwing around with gay marriage has certainly not helped. Why so much parliamentary wasted on that abomination and not fixing this problem is now the question to be answered.

  133. 133
    Tessa Tickles says:

    “the wife’s duty to obey” certainly did have Koranic fingerprints all over it.

    In the paper this morning, apparently there’s going to be a big march in Birmingham protesting about Muslim ‘hostages’. Not, as you’d expect, a protest about people taken hostage by Muslims, though; the three terrorists who were going to turn Birmingham into “a war zone” on a scale “exceeding 9/11″, with their plans to kill thousands of people are going to get life in prison, which – according to Birmingham’s Muslim ‘community’, makes them ‘hostages’. Hence forthcoming demo.

    It’s good to know that ‘milticulti’ thing is working out so well.

  134. 134
    Casual Observer says:

    It will be interesting to see if the other two follow suit.

    Things will be very serious if S&P follow suit.

  135. 135
    Casual Observer says:

    Since they can’t get away with killing them off on the NHS, meet the new way of lowering pension obligations: ATOS.

    How exactly did we get into a state where this entity had the authority to recommend cutting benefits, thus giving the government plausible deniability on this program ?

    (If SC is reading, recall what I was saying about shortage / tyranny: Here is a case in point)

  136. 136
    Legal Eagle says:

    Some case law needs to be tried to establish that ATOS recommendations in cases like this fall foul of the eggshell skull argument.

    It may be tricky, and the court may be biased against (even though it should be impartial), but that will be the only way to establish criminal responsibility.

    One would hope that a very hefty civil suit will follow to bankrupt the operation.

  137. 137
    Guido's gimp says:

    What are you wearing luvva?

  138. 138
    Who Want's Some! says:

    UKIP won’t win a GE that’s the point we need to create the circumstances for a new political elite to emerge, none on the current front bench of ANY party are going to be part of it. But this process will only start if one of the current elite are defeated and defeated on one of their core programmes i.e. the EU. Just watch how quick Cleggy will become the Ramsy Mac of the LidDems if he thinks he’ll lose power! This is a long term game not one GE

  139. 139
    Hamish says:

    That made me laugh.

  140. 140
    Cut-me-own-throat Dibbler says:

    We all know the British economy was a crock of shit when Osborne took the reins. The debt figures and massive deficits prove that beyond doubt. The AAA rating was on red alert for downgrading at the tail-end of the last shite Labour government. We also know that he is not to blame for what is happening in the Eurozone. That is the fault of the Europhiles.

  141. 141
    Who Want's Some! says:

    So how did we get to the current situation? Please give us your take on it.

  142. 142
    rebekah aka nellnewman says:

    Oh Dear I see we’ve lost our TripleA rating this morning.

    Others have lost it and say it doesn’t make any difference whatsoever to the actual economic position so what’s all the fuss about?

  143. 143
    No steps forward 100 steps back says:

    Brown should have got the cam belt sorted instead of spending all that money on bling before passing the UK onto Osborne, going to cost a fortune to get all the problems sorted out, especially with that big EU badge and all those immigrants hanging on to the side.

  144. 144
    Who Want's Some! says:

    Fine just don’t complain when the leader of your country has moustache and military uniform.

  145. 145
  146. 146

    Fine thanks Tessa but someone of your calibre ought to have your own lappy. Your old man’s remarks make me laugh. I told a certain G that his site was the thief of my time. He laughed.

    It is still great fun spending time each side of the Alps. With my lack of language skills, I would not have thought it possible. But I sometimes conduct whole telephone calls in another language and think, wow! Never thought I would be able to do that.

    For anyone who is out of kids school age, it is worth trying a stint somewhere else as it gives another perspective. CO was saying last night about how we need an equivalent of the First Amendment. I have that without anyone having to pass a law.

    So in short, very happy and planning to expand business. How about you?

  147. 147
    rebekah aka nellnewman says:

    I think that jury debacle was more a reflection on our failing education system. This is what we have been turning out for the last 15 years. Thanks Labour!

  148. 148
    CCHQ Acting Press Officer says:

    A handy list of the credit ratings for each country http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating … There are only 14-15 with AAA, depending on the agency

  149. 149
    The Public says:

    Left. Right.

    Its the same tedious hogwash wherever it comes from. The same old nonsense which has infected Parliament and local government and made us one of the least democratic democracies in the world.

  150. 150
    Labourunionsbbc we are one under the EU says:

    Answer = EU orders.

  151. 151
    Mong Jury says:

    And you can bet anything there’ll be a contingent of leftie english fuckwits marching alongside them to show how politically correct and ethnically correct they are. There despicable traitors are almost as loathsome as the muslim fanatics they defend. This country is dead. Britain RIP. I suggest that everyone who can should start planning to emigrate. By 2023, London and other parts of the country will be nothing more than outposts of Pàkistan and Saudi Arabia. Labour started the rot, and it’s just continuing to set in under Cameron. I for one do not wish to live in a country that’s steadily being taken over by a people who follow a backward, perverted, violent medieval ideology bent on world domination.

  152. 152
    CHRIST ON A BIKE! says:

    Exactly.
    Labour have zero credibility on this. Not just because of the huge pile of crap that they left behind, but ever since they keep saying that the coalition are evil because they are cutting too much. When, of course the problem is that the haven’t been cutting enough.

    Osbourne’s biggest sin is lying about austerity when they were still spending like McRuin.

    At least they’ll have a an excuse now to actually do real cuts to the useless desk-jockeys in the public sector

  153. 153
    I Remember You Hoo says:

    UKIP may well become the new elite, but there would be a crucial difference.

    UKIP would be removable by the electorate, our current masters in Brussels are untouchable and unremovable and act like it too.

  154. 154
    rick says:

    Why do mongs still believe just saying ‘tin foil hat’ settles all argument. Been going on for years now…its getting very tired and annoying.

  155. 155
    A juror says:

    A little credit please.
    At least one of us was able to write the ‘questions to the judge’ in such a way as he knew what our problems were.

  156. 156
    The Cavern says:

    Somebody is simples around here and it’s not Fishy.

    I know that because I never read the Sun newspaper, as I hear they do in Beatle land.

  157. 157
    I Remember You Hoo says:

    That’s easy, as far as Balls is concerned they will be in the benefit class and the public sector. With the usual Ballsian recipe of ever bigger taxation, borrowing and QE to pay for it all. A bit like Gideon really.

  158. 158
    No steps forward 100 steps back says:

    Promises broken Nell, just like the other sides of the LlabLlibCon triangle.

  159. 159
  160. 160
    Welsh activist. says:

    Your right, and Spain will be the first to go, followed by a European banking collapse. We might have a chance if A) Twit stopped borrowing and B) Twat stopped giving it all away.

  161. 161
    Labour Policy Wonk says:

    Following the shameful Tory trashing of the UK finances, Labour are pleased to announce a new economic plan which will ensure restoration of the UK to its formal glory.

    Once elected, a 5 year plan of action for economic recovery is ready to go into action. Working with our European partners, our government shall construct new public-private residential economic production zones.

    These zones shall will be easily accessible by rail, but commuting will not be necessary as accommodation for workers families shall be provided on site gratis. Self contained, with state medical, educational, crematoria and general research facilities provided, security is assured.

    A cradle to grave state solution for a generation of economic progress.

    The nation can work as one for freedom from the economic horror that the vicious Tories have thrust upon the people.

    One people, One nation, One solution.

    Vote Labour.

  162. 162
    Tessa Tickles says:

    “I suggest that everyone who can should start planning to emigrate.”

    Funnily enough, that’s what I’ve been up to for the last 6 months or so – my husband and I have a business which we’re moving entirely online, so we can run it from wherever we connect our laptops to the Internet. We’ve already done the ‘white flight’ thing, to deepest Suffolk, the next step will be to get the f*ck out of the UK if Labour win in 2015 – probably Canada, but we’re not too fussed.

  163. 163
    I Remember You Hoo says:

    Join the Euro?

    Are you insane?

    The Euro has two years tops before implosion. If you think things are bad in Euroland now, with riots and 25% unemployment in some places, just wait until the Euro crashes and burns.

    It is going to get very ugly indeed, at that point.

  164. 164
    Ed Balls - Shallow Chancer says:

  165. 165
    Balls to Balls says:

    Daftest comment ever! Ed Balls? What a flange!

  166. 166
    Tessa Tickles says:

    @GG something silky.

    @SC – it wasn’t actually my laptop, we were out, so it was a friend’s computer and it was rather antisocial of me to start browsing here. This site is certainly a time-thief! I must have wasted a good year on here, in total. Very addictive.

    As for what I’ve been up to, see below somewhere, but in short: moving our business ‘online only’ so we can get the f*ck out of here when Militwit walks into Number 10. Or even worse – PM Militwit with Deputy PM Cable. *shudders*.

  167. 167
    No steps forward 100 steps back says:

    Think I’ll hang on, I suspect the asset/fire sale will be just as good as the Arab spring sales they are still having the Middle East, nothing like a sale when the Brits get peed off, the doors won’t be opened but they will be kicked open.

  168. 168
    Point of Information says:

    And do not forget immigration policy.

  169. 169
    CCHQ Acting Press Officer says:

    woooo hoooooooo!!!!

  170. 170
    Anonymous says:

    not my scene despite the smear.
    greatest truth in the shadow.
    i am yours and you are mine.
    lets join up and become a zero..hero.

  171. 171
    Balls to Balls says:

    Too true CMOT. Labour voters are absolutely der.anged & a sad reflection on our society.

    All benefits should be stopped immediately. If you can’t afford to support your kids – don’t have any – if you want a new house/car – get a job. It seems to me that these scrou.ngers are all ‘want’ and take absolutely no responsibility for the direction their lives should take.

  172. 172
    WoRaft ChiHUAHua says:

    Agree. The parallel is with the last days of the French aristocracy which moved to court and lived in its own fairyland. The economy is being run to finance Versailles as demonstrated by importing labour to undercut the wage rates, regardless of how destabilizing this is, and building the private vanity railway which is HS2.

  173. 173
    Labourunionsbbc we are one under the EU says:

    Not only the education system Nell, you have to place some blame on our wonderful public broadcaster. Have you seen some of the documentaries lately? It’s like they are reading to children from books with not many words but lots of pretty pictures in them – pretty pictures that have cost an arm and a leg to produce.

  174. 174
    Anonymous says:

    FFS get a room

  175. 175
    Anonymous says:

    You fecking tit

  176. 176
    The Public says:

    The political system only serves the needs of our bought and paid for politicians. The rest of the country has been abandonned to its fate.

  177. 177
    The Public says:

    Why isn’t Andy Burnham under arrest?

  178. 178
    Tessa Tickles says:

    About the only thing that’ll save Cameron’s bacon will be Labour in 4th place.

    Times p6 today shows (in Eastleigh) LibDems down from 47% in 2010 to 33% today (I thought it should be 3.3%, too but it is actually 33%), Cons down 40-ish (I forget) to 27%, Labour up from 10% to 11% (wow!) and UKIP coming from nowhere to 21%.

    I bet many in CCHQ are doing the maths: “Hmm.. 27 + 21 = .. doh!

  179. 179
    Anon says:

    “I told a certain G that his site was the thief of my time. He laughed.”

    Yeah he laughed ‘cos you’re a total and complete cuпt.

  180. 180
    bootsy1 says:

    Indeed. If only the populace stopped responding to partisan politics designed to enflame opinion and mask the fact that all the main parties are the same. In fact, look across the globe, what are the main differences in leading parties? They have all led us down the same economic path due to their capture by banks and big business, everyone is in debt, everyone is in a race to the bottom. Our lawmaking process in the Western World has been captured and we’re helpless against it.

    Our countries are not run for our benefit. However, if you look at it via the viewpoint that countries are run in order to best benefit banks, big business, the legal profession (who funnily enough seem to be well represented in elected govts) and finally the self serving bureaucracies themselves, then all political pronouncements (such as Tory/Labour economic policy) make a lot more sense. Try it and see. The baffling logic to their decisions becomes very clear all of a sudden, combined with their rather similar interests in making laws to curb freedoms and ruin the education system. After all, if knowledge is power then you can’t allow too much of that can you?

  181. 181
    George Gideon Oliver Osborne says:

    This is a fantastic achievement,and I think the entire country can be proud.

    UK now only behind Spain and Greece for youth joblessness in OECD http://www.dailymail.co.uk/news/article-2269950/Youth-unemployment-rising-fastest-rate-G8-country-start-recession.html

  182. 182
    Tessa Tickles says:

    .. with a minibar! :-)

  183. 183

    Yes. It occurred to me that what the old man had said did not necessarily imply that you did not have your own machine, but I had already hit send.

    You are quite right. Work is where your laptop is. Just one thing I might advise. Get yourself set up with websites (own dot.com is good), more than one bank account, credit cards and all such trappings before you go (I am sure you are already there but consider more.)

    It sometimes becomes more difficult to set these up after arrival if you have no previous record wherever you are going.

    If you need to swing into action quickly, a dormant limited company is also good. I still have mine. If your business takes off you can chose where to domicile it – may need to switch companies (think Ireland – 12.5% tax.) That way you do not incur personal taxation on earnings until you pay yourself.

    I was never bothered by IR35 which I know was a pain to so many others. Just make sure you have more than one client. There are very easy ways to do this perfectly legally. A good accountant helps.

  184. 184
    Anonymous says:

    For the same reason Fred the Shred was not arrested…establishment cronyism.

  185. 185
    Hank the Cat says:

    Livingstone has just stated on LBC that White Right Wing terrorists comit 90% of all terrorist acts in Europe

  186. 186

    Blimey!

    The meths has worn off early today…

  187. 187
    Red Ken Lyingscum says:

    Listen ! The first cuckoo of the year on LBC !! Cuckoo ! Cuckoo !

  188. 188
    Gordon Brown says:

    I was responsible for subprime in the US and it was me that repealed Glass-Steagall.

    Ha, ha, ha, ha, ha, ha.

  189. 189
  190. 190

    Has he published those accounts he promised for before the Mayoral elections yet? :-)

  191. 191
    Casual Observer says:

    Fuck off you PC bastard.

    Marriage is a union between a man and a woman only.

    Civil partnership is for Gays etc.

  192. 192
    Anonymous says:

    Under Labour it was still AAA. It still lasted even near the end of 2010, UK was growing as effects of Osborne’s stupid budget hasn’t kicked in. Within 3 years Osborne destroyed it by destroying growth.

    Rather than cutting consumption Osborne went and cut investments. In other words Osborne paid more and more in benefits. With in 5 years Osborne plans to borrow £600bn, its more than what Brown borrowed in 13 years, including the banking crisis.

  193. 193
    Tessa Tickles says:

    Incredible! Labour dumbed-down the education system so that from around 1999 to 2010, schools produced a generation of unemployable semi-literate ill-disciplined lazy school leavers armed to the teeth with Mickey Mouse GCSEs in media studies, whilst simultaneously flooding the country with cheap immigrant workers and now we have dun dun duuhh high youth unemployment.

    I mean, who’d have thought it? No-one could have seen that coming, could they?

  194. 194
    Education, Edyerkayshun, Eddyookaashun says:

    Duz that incloowd ‘imported’ yooof ?

  195. 195
    Anonymous says:

    Livingstone is nothing more than a modern day Lord Haw-Haw. He needs to watch his step very closely indeed.

    Did we ever hear how much tax he dodged on those limited companies of his?

  196. 196
    Spaddy Twinkle says:

    Kiss Kiss Luvvy. Can I come round to your cottage tonight?

  197. 197
    Tay King-dePisse says:

    Why do people like Owen Jones think Godwin’s Law, even invoked possibly facetiously, ends a discussion where he has admired George Galloway for forthrightness in expressing opinion though OJ says he himself has no use for some of Gorgeous George’s political ideology? When called on it by a Tweeter saying that you might with equal justice say that even if you had no use for the Fuehrer’s ideology you could certainly profitably learn a thing or two, about how charismatic leaders whip up a crowd, from a study of him, the first thing out of the young’un’s mouth was “Godwin!”

    I’m proposing a new Law: “Anyone who invokes Godwin’s Law, even facetiously, when the comparison is apt, thinking that by doing so they win the argument, automatically lose the argument.”

  198. 198
    Anonymous says:

    Difference between Labours plan and this idiots was on investment, otherwise spending will be almost the same in the short term. In the long term this idiots plan cost more as he puts more people on dole.

    Labour wanted to invest and grow. This idiot went and cut investment and pay more dole.

  199. 199
    George AAArseborn says:

    You’ve sank my battleship!

  200. 200
    No steps forward 100 steps back says:

    I personally hope UKIP do win Eastleigh, the main reason is they will scare the hell out of the other political parties up and down the country and could start a trend, people have tried to get change by not voting, they’ve tried by screwing up their vote and every other way but politicians have just carried on without thought for the people of this country, time to stop being tribal and use what’s available to make changes.

  201. 201

    Yes. Something is not quite right here though. The man was 63. He was not eligible for pension yet. Are you referring to the requirement to top up contributions where the man was not working through illness? It raises further questions.

    I passed the level required for a full pension some time back. So this man must have had some history behind this story which has not been revealed.

    N.B. Not saying right or wrong here, just let us judge on all the facts and not on emotions.

  202. 202
    Red Ken Lyingscum says:

    Shhhhhhhhh !!! You’ve got to remember that white British only account for 45% of London’s population. If Boris fucks off before 2016, I could be Caliph Mayor of London again ! Oh, joy !!! :)

  203. 203
    tarantino torrent says:

    you’re not nice Anon

  204. 204
    Operation Crossbow says:

    The ONE THING you expect from the Tories is economic competence (most other types of incompetence I can put up with from them).

    But this is a joke. For fucks sake Gideon cut fucking taxes and cut fucking spending.

    You’re borrowing MORE this year than last, how the fuck did you manage that?

  205. 205
    WoRaft ChiHUAHua says:

    We’ve re-defined brandy to include grain spirits, but if you don’t drink vodka it won’t affect you.

  206. 206

    @tarantino torrent

    Don’t worry about Anon. He is only saying what he is because he knows it pleases me. ;-)

  207. 207
    Operation Crossbow says:

    Livingturd and lefty mong Paul Mason are the same. Mason bangs on about “right wing violence” all the time on many of his all expenses paid trips to Greece and Spain.

    But the truth is the violence mostly comes as usual from the left, all the riots you see on the streets are lefty groups.

  208. 208
    George Gideon Oliver Osborne says:

    For how much longer will Europeans put up with this nonsense, with unemployment set to climb even further? http://soc.li/uNTuz7H

  209. 209
    Operation Crossbow says:

    Because according to the BBC Bumham and Postman Pat were not running the NHS for 13 years it was “Fatchur”

  210. 210
    Operation Crossbow says:

    Marry to under age kids …but then Muslims could join in that one as well.

  211. 211
    The Arkwright Widgets Board Of Directors says:

    No, but we’re still making doohickeys and whatchamacallits. You want thingummybobs, offer us tax incentives and give us a Government contract; it will require retooling and lots of lead-time, and will require us to purchase the raw materials abroad, with no guarantee of availability or pr!ce stability, not to mention having to pay licensing fees to the patent-holders. It is an endeavour which we shall not undertake without assurances from you that it will all be worth it in the end.

  212. 212
    Anonymous says:

    True marriage isn’t compulsory, it won’t affect you – get over it.

  213. 213
    Casual Observer says:

    @SC: Please ignore the troll above, I may switch moniker at some point. Looks like the left / liberals are getting more agitated…

  214. 214
    justin le bieber says:

    Being pre-mong Labour that means that Schrödinger’s kack has got no fucking excuse.

  215. 215
    rebekah aka nellnewman says:

    To be fair we haven’t had a government in place for nearly 40 years that’s kept any of it’s promises. It’s part of our political culture nowadays – no honesty, no integrity, total untrusworthiness.

  216. 216
    Burnham turned the other way while people were dying needlessly says:

    Good question – WHY isn’t Eyelashes under arrest?

    Guido, please unleash the hounds of h.ell on the Maybelline gobshyte.

  217. 217
    Anon says:

    Fuck off CO you pompous tit! Yeah, how about that for a new monika, Pompous Tit?

  218. 218
    rebekah aka nellnewman says:

    Haven’t watched the biased beeb in years – sadly the beeb has made even David Attenborough water down his documentaries to fit in with insupportable rubbish like agw.

  219. 219
    old SHEP says:

    Taxes go up but revenue receipts go down = borrow more money.
    Borrow more money = credit ratings go down = cost more money to service debt.
    Print more money = inflation goes up = costs more money.
    QED = recession.
    And I’ve never had a lesson in economics in my life.

  220. 220
    anon. says:

  221. 221
    Labourunionsbbc we are one under the EU says:

    I’m not talking about left and right parties, it’s what those two words represent: one free market and free thinking – the other the other closed to free trade and free thinking. just compare soviet Cina, Russia, and North Korea to say America and England .

  222. 222
    Anon says:

    We don’t need to know every fucking detail of your drug habits you cretin.

  223. 223
    Putr1d, spiteful Labour ruined my Country says:

    Move all the housing benefit spongers into caravans unless they’re disabled or pensioners. Cut the benefits to food stamps only. I’m sick of paying more and more tax for these spongers.

  224. 224
    no flies on me says:

    The only reason you get up early is to empty your colostomy bag.

  225. 225
    Putr1d, spiteful Labour ruined my Country says:

    This is an illusion, Labour wanted to invest and grow. You mean Labour wanted to borrow the UK into an even worse situation than it was left in. Labour had completed it’s usual objective of running out of other peoples money but worse still it had run out of the UK’s great grandchildrens money as well!

  226. 226
    old SHEP says:

    Nutcase.

  227. 227
    Oldest Country In The World To Lose AAA says:

    Game over man, game over.

  228. 228

    Rеаd bаck tо thе оld dаys whеn thе trоlls аnd sоckpuppеts wеrе mеn аnd nоt bоys. Hаrdwіdgе, Tаpеstry, Cаnvаs, Thіck аs Thіеvеs аll stееpеd іn thе nоblе аrts. Thеn cоnsіdеr yоursеlf аnd dеspаіr.

  229. 229
    Nell talking shite again says:

    Nell you are the biggest hypocrite on this website.

    Want me to dig up the posts of you laughing when the USA lost it’s AAA and bragging about what a great job Dave and Georgie where doing?

    Want me to do it?

  230. 230
    Lady Virginia Droit de Seigneur says:

    Cameron about to start trying to ram through minimum alcohol pricing against the wishes of a lot of his colleagues.

    He is a useless tw*t and I am starting to wonder what other agenda is behind his behaviour

  231. 231
    Wyle Cop says:

    Yep, no mention of it on last night’s AQ either.

    Pederasts running riot at our national broadcaster and still being covered up? Nah, nothing. Let’s just bash the Daily Mail for daring to criticise some pond life for popping out 11 kids and having a tailor-made house on the fucking State.

  232. 232
    old SHEP says:

    Could be genuine caliph mayor of London, give them city boys some Sharia law and chop their thieving hands off.

  233. 233
    Britain out says:

    Actually I think it might in many ways be better. They would have their own currencies back, could devalue and fuck over the fourth Reich in the process. But more importantly they would have their own nations back and could decide for themselves what they wanted.
    Of course there wouldn’t be big multi-lane road building projects in desolate places (beautiful as they are) like Lithuania and Extremadura.

  234. 234
    anon. says:

    Oh?

  235. 235
    Trotsky's Bell End says:

    Yeah, you get ‘em Anon. I’m gonna rally the workers to cause some real trouble. Let’s drink Costa’s whilst occupying Starbux. So radical, innit ?

  236. 236
    anon. says:

  237. 237
    Anonymous says:

    Putr1d, spiteful Labour ruined my Country; problem is jobs. With increase in jobs benefits needs to be cut. This should have started under Labour back when the economy was growing.

    Labour brought in number of benefits which I don’t support. The lot we have now are destroying jobs and ruining this country.

    Biggest problem we have now is having an idiot responsible for economy and the stupid guy who is still keeping him.

  238. 238
    Yvonne from The Colliers Arms Clydach says:

    According to Moodys debt figures will start falling after 2016 if we carry on with these policies .

    If we get anyone other than Mr Osborne they will cut us off another notch.

    That is what they actually say .

  239. 239
    Yvonne from The Colliers Arms Clydach says:

    It is not game over silly it just means we will have to wait a few more years to pay our debts off .

  240. 240
    rhrth says:

    According to the Tal mud they have to be under 9 years old for Rabbis to shag.

  241. 241
    anon says:

  242. 242
    Anonymous says:

    Any clues as to which Tory Cabinet Minister is alleged to be under suspicion in Operation Fernbridge?

  243. 243
    Anonymous says:

    Putr1d, spiteful Labour ruined my Country, every country in the world and every business borrowed to grow. Without borrowing UK cannot grow. Even the richest men in this country borrow and invest.

    Problem UK having is borrowing to consume. What this government is doing is to borrow to consume and give money to other countries.

  244. 244
    Yvonne from The Colliers Arms Clydach says:

    Mr Osborne has not sunk your battleship .

    It is all the fault of the global economy which is not expanding and Moodys say there is nothing else that Mr Osborne can do for us .

    As they say in Welsh RTFR.

  245. 245
    Only Food and Horses says:

    Hugely successful British tragedy about of two streetwise London brothers: Dave (David) and Gideon Mong. In early years they shared their council flat with ‘Clegg’ (until the death of the Liberal Democrat Party ) later to be replaced by ‘Nigel’, a UKIP veteran with an anecdote for any occasion. Dave and Gideon are best described as vile and harmful black market traders; they buy and (try to) sell almost anything and many an episode is based around some faulty/stolen stock bought by Dave. As with other comedies from HM Government, the humor is devilishly engineered so as not to telegraph the jokes before the punchlines and there’s always a weak cast of support characters. The series has been downgraded by Moodys and generally derided as un-electable.

  246. 246
    EU Funded pro-EU Troll says:

    Vote UKIP.

  247. 247
    EU Funded pro-EU Troll says:

    Vote LibLabCon.

  248. 248
    Blowing Whistles says:

    To All – I shall leave you lot to it today on here – it’s histerical.

  249. 249
    Economist says:

    The only bit you have missed in that is all of the items correctly identified lead to the economy shrinking.

    Until inflation can offset the debt burden, or the debt is just defaulted on.

    There is a nasty cycle here as compound interest larger than tax receipts stimulates more money creation, leading to higher inflation, which in turn leads to higher interest and less tax receipts.

    Recession comes from 6 months of economic contraction.

    NB: Recession lasting 2 years or more, or GDP declining by 10% in real terms are also known as ‘depressions’.

  250. 250
    Ripley says:

    I say we take off and nuke the site from orbit

  251. 251
    Lou Scannon says:

    Only just starting to wonder ?
    Ah well, better late than never.

    
    

    Cameron is a fraud who despises the electorate, just like Miliband and Clegg.
    Shout that from the rooftops.

  252. 252
    Lady Virginia Droit de Seigneur says:

    If the Tories have any sense of self-preservation whatsoever they will take a machete to our bloated benefits.

  253. 253
    Labourunionsbbc we are one under the EU says:

    Libs at 31%! Why? Who are these in Eastleigh. Don’t they follow current affairs?

    Don’t they want their country back?

  254. 254
    Economist says:

    Before getting the knives out for Gideon, the GDP figures are worth a ‘ganda:

    http://www.guardian.co.uk/news/datablog/2009/nov/25/gdp-uk-1948-growth-economy#data

    Looking at 2007 Q3 through 2012 Q4:

    2007 Q3 –> 2010 Q4: GDP had declined by 3.89%

    2010 Q4 –> 2012 Q4: GDP has increased by 0.79%

    In 2012 Q4 the GDP is 3.21% less than where it was in 2007 Q3.

    In GDP terms, the UK is just above where it was in 2011 Q4.

    The downgrade doesn’t make sense on these grounds, as the GDP side of the economy is not that bad. The contractions have been smaller.

    In the 22 quarters 2007 Q3 –> 2012 Q4: There have been 10 contractions and 12 expansions. The largest expansion was 1.2% in 2007 Q3. The largest contraction, the 2.1% in 2008 Q4. The longest period of contraction 2008 Q2 through 2009 Q2: 5 Quarters.

    So far under coalition, the total number of contractions = expansions. The expansions have been overall larger by 0.79%

  255. 255
    Point of Information says:

    There is certainly a very strong case to help make that political decision now.

  256. 256
    old SHEP says:

    Not too hard to fathom then, so why do we always get chancellors of the exchequer that don’t know jack-shit?.

  257. 257
    old SHEP says:

    Send for a midwife and give the mother a good slapping. ;-)

  258. 258
    Economist says:

    Since the Chancellor no longer sets interest rates, the position is kind of ceremonial: Gob on a stick is one way of viewing it.

    The Treasury dept. and Bo.E is where the real brains are needed, and then not so many. Fewer the better as the temptation to intervene is then reduced allowing the economy to function.

    All that is required are a few calm heads that can operate a spreadsheet. Fixating specifically on inflation is not helping growth. (By definition you are looking to restrict money supply which precludes growth and holds the economy in real terms static)

    Have broken down some of the GDP figures below, if you’re interested in some of the numbers.

    Comparison with the inflation rate (GDP deflator) will give further insight into how the current economic ‘fix’ is doing.

    Looking at real RPI / CPI, bank / mortgage interest rates, and unemployment can confirm how this is impacting folk on the street.

    There is no rocket science to balancing a cheque book.

  259. 259
    Economist says:

    Agreed.

    On the downgrade, Moody’s is the middle ranking of the three ratings agencies. Assuming S&P / Fitch do not follow suit UK should be Ok.

    Only Fitch have the UK still on negative, rather than stable outlook.

    In comparison: The US is across the board on negative outlook and S&P did downgrade them back in 2011.

    S&P have been in the business since 1860 are regarded as the real benchmark.

    Moody’s have been around since 1909, Fitch since 1913.

    Their positions as Nationally Recognized Statistical Rating Organization was confirmed in 1975 when the SEC introduced new rules relating to banking and brokerage capital requirements.

    S&P is part of McGraw-Hill, Fitch / Moodys are publicly listed companies.

    All make a profit through issuing good ratings, something which contributed to the RMBS (sub-prime) debacle.

    http://www.registerguard.com/web/news/sevendays/29403553-47/ratings-government-rating-investments-mortgage.html.csp

    Bloomberg reported today that Hill have until April to respond.

    NB: McGraw-Hill is owned by Murd0ch.

  260. 260
    Lady Virginia Droit de Seigneur says:

    I had assumed in the first couple of years he was just a Lib Dem masquerading as a Tory. All it would need would be for it to come that he is either a closet gay or serial sex pest for it to be confirmed

  261. 261
    Dave, call me Prime Minister if you must says:

    Anyone seen George around ? Was looking a bit down and moody yesterday.

  262. 262
    Wyle Cop says:

    A motley crew who jump on this lady’s distress for their own personal advancement: Creasy jumps on it because Eric Pickles ain’t Labour and some weirdo who calls himself “Good Beard” who has an axe to grind against religion.

    Too many tweets make…

  263. 263
    Anonymous says:

    Check Exaro news / needleblog.

  264. 264
    Casual Observer says:

    Pension age has been raised, so he had 4 years to go.

    Only reasons to send someone like this back to work:

    i) ATOS get a commission for each benefit claimant denied.
    ii) Government prefer him to be in work and do not want to pay benefits any more.

    If someone dies before reaching pension age then the demand on that part of social security is reduced.

    In this case, there are more immediate savings of the benefits which were cancelled, and the medical treatment for his condition.

    Certainly smells like an example of a barbarous act being committed. The starvation aspect is significant as that may be traced to the benefits being withdrawn.

  265. 265
    Economist says:

    You just need to get the bull by the horns.

    Debt has just hit 1000% of GDP: Need some serious inflation to deal with this.

    https://picasaweb.google.com/lh/photo/pRSf9fNHqKdzoXWpyhwWsNMTjNZETYmyPJy0liipFm0?feat=embedwebsite

    – Or a war ?

  266. 266
    Vince Cable says:

    Osbourne should be out and get someone in who at least understands economics.
    DC I know hes your pal but hes a disaster . You know it makes sense.!

  267. 267
    Angela Merkel says:

    Well they are part of the lemming pack so why not, it doesnt really affect anything in the real world.

  268. 268
    Oliver Cromwell says:

    Repeal the gun laws, they were only brought in to protect the elite, cutting crime hasnt really worked theres more guns in the hands of criminals than ever before.

    Referendums on all new changes that affect the people freedoms.

  269. 269
    George Orwell (Rotating) says:

    They would created under the banner of “British jobs for British workers”
    or as it better known as jobs for immigrants because they work next to nothing and benefit the economy.

    All true the only part of the economy they benefit are the 1% at the top of course that includes Balls Millipede Camoron and Osbourne wallpapers inc.

    Toerag.

  270. 270
    George Orwell (Rotating) says:

    You mong

  271. 271
    Lord Beaverbrook says:

    Well we know which way thats going to go, dont we.

  272. 272
    Con Artists says:

    Cut me own.

    Osborne and the Conservatives are signed up Europhiles for life, you complete mong.

  273. 273
    Con Artists says:

    The Tory MP’s will certainly be red faced and wearing Primark cardigans come 2015 and half of them lose their seats.

    I can’t wait because those lying bast@rds deserve it for destroying this country.

    Vote Ukip, get Ukip.

  274. 274
    Napoleon XIV says:

    Whatever happened to ‘Democratic Socialism’ then ?

  275. 275
    Blowing Whistles says:

    tkdp – I am flattered that people do read what I write – it will only take a few more to “stand up and be counted” to really undo so much that is so wrong with the propaganda of history.

     Blowing Whistles says:
    February 21, 2013 at 4:06 pm
    PlinyTW
    To invoke the “And thus the ovens were built” phrase – kills your argument straight away. People like you always try to kill any argument or civil discussion by reverting to that godforsaken subject.
    To invoke that ‘mantra’ – to silence criticism – IS A WORN OUT OLD RECORD. And they love it even more when the likes of you does it for them at arms length. They’re having the last laugh at you you dupe.

  276. 276
    Blowing Whistles says:

    I just caught sight of The BBC reporter Iain Watson (10 O Clock BBC news) giving his ‘take’ (Spin) about the Triple A downgrade.

    Could any of you learned / aged / old hacks who frequent this site confirm if that Iain Watson of the beeb is the same Iain Watson who fronted up as the Editor of the now defunct “The Business” a pinky weekend only paper from 2002 / 2003 – because if it is the same M**g**l with a Scottish accent and he was running the ‘Bizness’ in cahoots with Andrew Neil – well ain’t that just gonna be very sad for the pair of them “SpinMeisters”?

  277. 277
    Aunty Maud says:

    Ah yes, senna pods, the drink of the Gods.

  278. 278
    Catty Comment (Ms) says:

    Surely you expect no objective criticism from that lefty twit masquerading as Sky’s “economics” correspondent?

  279. 279
    Catty Comment (Ms) says:

    Nell, you are old enough to know that this has been going on since the mid 1960s and not just the last 15 years. Why is anyone surprised that our juries are now filled with immigrants and illiterates?

  280. 280
    Catty Comment (Ms) says:

    I hope you remembered to renew the warranty on that laptop you nicked in last year’s riots!

  281. 281
    Catty Comment (Ms) says:

    This b/shyte issued by so called ‘ratings agencies’ should be ignored along with all the hot air being spouted on the air waves by people calling themselves ‘economic correspondents’. After all was it not these agencies who were giving triple A status to billions of dollars worth of junk paper not worth tuppence which led to the financial crisis in which we all find ourselves today?

  282. 282
    Catty Comment (Ms) says:

    Ergo – Ozzie is all part of the banksters plot?

  283. 283
    the mystic mould with the appearance of the face of Jesus says:

    can’t we just invoice the muslims for being a fucking nuisance ?


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