ChatterBank3 mins ago
General Election?
41 Answers
Starmer was asked earlier by the BBC about the possibility of asking for a General Election now.
He was coy and said he’d certainly like to see parliament recalled.
Current odds on one before Xmas are 20/1. Think I’ll have a cheeky fiver on that!
Anyone else?
He was coy and said he’d certainly like to see parliament recalled.
Current odds on one before Xmas are 20/1. Think I’ll have a cheeky fiver on that!
Anyone else?
Answers
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We’re in unprecedented circumstances and the chosen one was obviously confused when asked about ‘being unpopular’ and plumbed instead for utterly incompetent.
Serious questions already being asked and the world is looking in.
Why too are junior ministers being wheeled out to defend the indefensible?
Where is Truss?
Is she getting ready for a flight to Kyiv too?
This is after all, Continuity Johnson.
Serious questions already being asked and the world is looking in.
Why too are junior ministers being wheeled out to defend the indefensible?
Where is Truss?
Is she getting ready for a flight to Kyiv too?
This is after all, Continuity Johnson.
they’d lose if they called one now so the tories won’t allow it… only way it could happen would be a no confidence motion and there’s no way that would pass…
If the past 12 years have taught us anything about the conservatives then it is “party first, country second” for them…. Or sometimes “wallet first, party second, country third”!
If the past 12 years have taught us anything about the conservatives then it is “party first, country second” for them…. Or sometimes “wallet first, party second, country third”!
//We’re in unprecedented circumstances..//
What exactly is unprecedented about the current circumstances? At the end of WW1 the Pound would have bought you over four US Dollars. The Pound has steadily fallen against the dollar ever since (as have most other currencies). Interest rates have "soared" to 2.25%. For most of the late 70s, the 80s and the 90s they were in double figures. Money has been far too cheap for far too long and interest rates were kept artificially low to deal with crises - first the financial crash and more recently the pandemic. The time to return to normality is long overdue.
The remainder of the government's plans will not be announced until November. The reaction to the government making a few minor adjustments to the tax regime is hysterical. All governments need to devise ways of allowing taxpayers to keep more of their own money; they can spend it far more wisely than governments can. Much of the "chaos" on the markets is caused by spivs short selling Sterling and talking it down. Once they've made their cut the markets will settle and the hysteria will abate.
What exactly is unprecedented about the current circumstances? At the end of WW1 the Pound would have bought you over four US Dollars. The Pound has steadily fallen against the dollar ever since (as have most other currencies). Interest rates have "soared" to 2.25%. For most of the late 70s, the 80s and the 90s they were in double figures. Money has been far too cheap for far too long and interest rates were kept artificially low to deal with crises - first the financial crash and more recently the pandemic. The time to return to normality is long overdue.
The remainder of the government's plans will not be announced until November. The reaction to the government making a few minor adjustments to the tax regime is hysterical. All governments need to devise ways of allowing taxpayers to keep more of their own money; they can spend it far more wisely than governments can. Much of the "chaos" on the markets is caused by spivs short selling Sterling and talking it down. Once they've made their cut the markets will settle and the hysteria will abate.
Cough your money up, Gully - down to Betfred....and before you asked I did this with the long-missed Mikey who I had met a number of times for a pint or two and pub meals when he was down here visiting. He lost by the way and I walked away with £150 from David Cameron's win by 12 seats - we each had a tenner on a majority-spread bet, mine at 10-15 seats.
Exactly, N.J.. I've been desperate for interest rates to go back to normal (i.e. about 6% and upwards) for almost 20 years so that my savings would help me to live.
There won't be a G. Election - which is lucky for Labour because they'd then get blamed for the slump that would follow because markets would get jittery over change. A lot of financiers have fingers in pies that are profiting from scare stories.
There won't be a G. Election - which is lucky for Labour because they'd then get blamed for the slump that would follow because markets would get jittery over change. A lot of financiers have fingers in pies that are profiting from scare stories.
-- answer removed --
New Judge
//We’re in unprecedented circumstances..//
/What exactly is unprecedented about the current circumstances?/
Pound at a record low not enough?
Brand new PM and Chancellor with a fiscal event that has spooked the world markets, the knock-on effect equating the UK as ‘an emerging nation’ economy?
https:/
With the Party, IMF, other world leaders and financial experts questioning the action and mindset of last Friday, tell me which post war events match these, bearing in mind that the two main acts in this farce would clearly be out of their depth in a thimble?
Their whole plan was met with incredulity and derision from all sides, bar the top earners in the country.
Has any other chancellor ever directly caused the UK economy and outlook to downward my spiral at such an accelerated rate?
//We’re in unprecedented circumstances..//
/What exactly is unprecedented about the current circumstances?/
Pound at a record low not enough?
Brand new PM and Chancellor with a fiscal event that has spooked the world markets, the knock-on effect equating the UK as ‘an emerging nation’ economy?
https:/
With the Party, IMF, other world leaders and financial experts questioning the action and mindset of last Friday, tell me which post war events match these, bearing in mind that the two main acts in this farce would clearly be out of their depth in a thimble?
Their whole plan was met with incredulity and derision from all sides, bar the top earners in the country.
Has any other chancellor ever directly caused the UK economy and outlook to downward my spiral at such an accelerated rate?
Paigntonian
//Tories deliberately doing themselves out of a job? What are you on? They'll keep taking every penny until they can no longer do so.//
That’s what Friday was, organising a payday for the faithful poorly disguised as a fiscal event(not a budget, because that would have required costing) whilst hiding the OBR reports from view.
Their gamble failed spectacularly and they’ve been found out, two chancers at the Belaggio, betting the chips of the country with nothing more than a rabbits foot as collateral.
What a farce.
//Tories deliberately doing themselves out of a job? What are you on? They'll keep taking every penny until they can no longer do so.//
That’s what Friday was, organising a payday for the faithful poorly disguised as a fiscal event(not a budget, because that would have required costing) whilst hiding the OBR reports from view.
Their gamble failed spectacularly and they’ve been found out, two chancers at the Belaggio, betting the chips of the country with nothing more than a rabbits foot as collateral.
What a farce.
The Pound has steadily fallen against the dollar ever since
not exactly: it flirted with parity back in 1985, when some official doofus said the government wouldn't defend sterling. After a panicky weekend they carried out the customary U-turn and did so. But all that was predicated on dollar strength and high US interest rates, not on UK weakness.
not exactly: it flirted with parity back in 1985, when some official doofus said the government wouldn't defend sterling. After a panicky weekend they carried out the customary U-turn and did so. But all that was predicated on dollar strength and high US interest rates, not on UK weakness.
//Pound at a record low not enough?//
Since the Pound has sunk to a quarter of its value against the Dollar in about 100 years (with life still going on), there will be many, many occasions when a drop sees it reach "a record low." So there's nothing "unprecedented" in that. What is definitely unprecedented in the mass hysteria that seems to have developed when a government tries something a little different. What else is unprecedented is the proportion of tax taken from UK taxpayers. Continually confiscating a larger and larger proportion of people's cash is not sustainable. Especially when much of it is wasted.
Things need to change and eventually "the markets" will get used to the idea.
Since the Pound has sunk to a quarter of its value against the Dollar in about 100 years (with life still going on), there will be many, many occasions when a drop sees it reach "a record low." So there's nothing "unprecedented" in that. What is definitely unprecedented in the mass hysteria that seems to have developed when a government tries something a little different. What else is unprecedented is the proportion of tax taken from UK taxpayers. Continually confiscating a larger and larger proportion of people's cash is not sustainable. Especially when much of it is wasted.
Things need to change and eventually "the markets" will get used to the idea.
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