For those who have a brain.

[Robert Jarvis]

If the government hadn't stood behind the toxic debts run up by the freeloaders in the financial services sector, delivered quantitative easing, dropped VAT and propped up the motor industry with the car scrappage scheme you'd have 4-5 million unemployed right now.

Slash and burn prudence and the resultant mass unemployment/social dislocation, or continued intervention in the short to medium term in attempt to stimulate a recovery. The choice is a simple one at the next election.

First of all Dave,

Quantitive easing is printing money in other words the money never existed it has been created out of nothing.

VAT back up and what has it actually saved, no one knows but there was a big rush of spending before New Years Day,

The car scrappage scheme benefited for the most part Foriegn manufacturers and only car showrooms here.

Under the tenure of this government 4 vehicle manufactuirng plants have gone, do you appreciate how many jobs that is?

Our financial position was made a lot worse than it could have been if GB had not started borrowing on a large scale from 2001 because his spending exceeded tax revenues.

Under GB The Navies surface fleet was reduced by about a third and other defence spenidng slashed which is why the armed Forces were in a poor state to start fighting wars.

It has now been revealed that in the mid 2000s the Government policy was to let immigration rip to force the country to be multi racial and multi cultural which we are now paying for.

It is estimated that nearly a quarter of the prison population are immigrants and the prisons are overcrowded.

GB sold off the bulk of pour gold reserves to China at a knock down price because GB wanted the money. We could have done with those reserves now.

With the removal of the dividend tax relief this started the demise of the private pensions in this country.

Many of the poorest people in the country are still paying too much tax because of GB's 10p tax blunder which to partl put roght the country had to borrow 5 billion.

With regard to the banks it was GB who relaxed the rules on lending with the allowance of self certifying mortgages which let borrowing rip and house prices escalate but GB was happy with that because of the stamp duty.

Tax credits and Benefits lose annually about 6 billion to fraud and irrecoverable overpayments which the government is doing little to tackle.

What of the little pernicious taxes created by GB, Insurance premium tax, Airplane passenger duty tax (which is supposed to help climate control but just goes into the pot), Tax on our phone lines to help BT spread broadband, and helping our car industry which you mentioned is the showroom tax starting on the 1st April, no fooling.

Just a few points Dave to put another side up.

PS this government is also into privatising parts like for example Aldermaston sold to the Americans.

 

[moyes_bringin_it_back]

First of all Dave,

Quantitive easing is printing money in other words the money never existed it has been created out of nothing.

VAT back up and what has it actually saved, no one knows but there was a big rush of spending before New Years Day,

The car scrappage scheme benefited for the most part Foriegn manufacturers and only car showrooms here.

Under the tenure of this government 4 vehicle manufactuirng plants have gone, do you appreciate how many jobs that is?

Our financial position was made a lot worse than it could have been if GB had not started borrowing on a large scale from 2001 because his spending exceeded tax revenues.

Under GB The Navies surface fleet was reduced by about a third and other defence spenidng slashed which is why the armed Forces were in a poor state to start fighting wars.

It has now been revealed that in the mid 2000s the Government policy was to let immigration rip to force the country to be multi racial and multi cultural which we are now paying for.

It is estimated that nearly a quarter of the prison population are immigrants and the prisons are overcrowded.

GB sold off the bulk of pour gold reserves to China at a knock down price because GB wanted the money. We could have done with those reserves now.

With the removal of the dividend tax relief this started the demise of the private pensions in this country.

Many of the poorest people in the country are still paying too much tax because of GB's 10p tax blunder which to partl put roght the country had to borrow 5 billion.

With regard to the banks it was GB who relaxed the rules on lending with the allowance of self certifying mortgages which let borrowing rip and house prices escalate but GB was happy with that because of the stamp duty.

Tax credits and Benefits lose annually about 6 billion to fraud and irrecoverable overpayments which the government is doing little to tackle.

What of the little pernicious taxes created by GB, Insurance premium tax, Airplane passenger duty tax (which is supposed to help climate control but just goes into the pot), Tax on our phone lines to help BT spread broadband, and helping our car industry which you mentioned is the showroom tax starting on the 1st April, no fooling.

Just a few points Dave to put another side up.

PS this government is also into privatising parts like for example Aldermaston sold to the Americans.

It was also revealed that the government knew that a greater % of these immigrants would go on to be Labour voters.

Packing the country with Labour inclined voters. The word for this is gerrymandering at a national level.

Its absolutely outrageous that throughout the 2000's the government were telling people that immigration problems were being addressed (most of the time they denied they existed). Thet were infact being deliberately ignored (actually they were actually encouraged!).

Now the countries paying the price through damage to its: (get this!) social cohesion (denied by the government), social mobility (blaimed on the tories, as per, but made worse by Labour!!), crime (denied by the government), economy (denied by the government, but benefits claimants are at all time highs), and national security.

Its not ironic at all, that the traditional Labour voters "the working class" are deserting them in droves.

The writings on the wall.

And Gordon - who ended "the era of boom and bust", and "saved the world", has no where to go when he can't print any more money.

Just wait till April/May when they start hitting you for tax and national insurance.


Tax em till the pips squeak.

 

[moyes_bringin_it_back]

is that gonna get us back our 60p euro ?

The Euro isn't only dropping because of Greece and Spain.

This is something the mainstream media don't tell you.

Up until two weeks ago almost 12 months of oil - yes 12 months! - annual oil consumption was being storred off shore in oil tankers...

as speculators left the US Dollar, invested in oil.

With the €:$ ratio is now at a ratio that means its no longer making money in storage and it's being brought on shore.

These are therefore buying US$ and making it (and the GB£, as this follows the dollar) increase in value again, in preference to the Euro....

Its mad I know. But these traders are like sheep...... so they're following suit - thinking that the Dollar will continue to rise yet.... hence a falling Euro value.

"The oil market rally seems finally to be running out of steam. For months now, it has been driven by the 'correlation trade', whereby Wall Street traders sell the US$ and buy crude oil. But as the chart shows, the two lines have now begun to diverge.
http://www.icis.com/blogs/chemicals-and-the-economy/2010/02/crude-oil-markets-lose-support.html
Fundamentals have clearly started to affect the €:$ rate, as real-world concerns about the Greek economy no longer make the euro a one-way bet. The blog suggested in November that traders would find it difficult to push the euro above $1.50 : €1.00. As the blue line shows, it has since retreated quite significantly, and is now around $1.39.

The monthly average crude oil price (black line) is now at the $80bbl resistance level. And in futures markets, where Forward supplies trade, a major change has taken place. In H1 last year, the contango between the current month and the future month was extraordinarily high at $20/bbl.

This gave traders the ability to store oil offshore and make a certain profit. But now, the contango has almost disappeared. Forward prices for May are only $1bbl higher than the current month, not enough to allow traders to store oil offshore profitably. So they may now start bringing all 150mbls of floating oil back onshore again. If they do, there seems little to stop oil moving back to $40bbl, apart from geopolitical events. "

The correlation trade:
"For most of this year, the banks' trading houses have been earning vast sums of money promoting the "correlation trade" (sell the US$, buy crude oil, gold and equities). As a result, around 150mbbls of oil and oil products is now in floating storage, with much more on land.

Next year, the same traders and brokers might well decide there was more money to be made from promoting a different trade. They might argue, for example, that the world economy was still too fragile to afford $80/bbl oil, and instead suggest oil should be sold, not bought.

These things happen. But they can cause problems for those who have to budget forward. Governments dependent on oil revenues, for example, find it difficult to simply 'turn off the tap' on spending, just because prices on the NYMEX futures exchange have fallen.

This is behind Mexico's decision to hedge its entire crude oil output for 2010 at $57/bbl after costs. All 230m bbls have been hedged, as a follow-up to 2009's successful hedge at $70/bbl. This added $5bn to government revenues in H1, a critical sum for any organisation."

 

[Seamus Colemole]

But there's been a shaking out in banking, we've seen big beasts go to the wall and others merge. The bounses run up in banking are as a result of that concentration. As for dropping interest rates: I'm sure lots of home 'owners' with whacking mortgages were grateful for the measure. When the market ****s up, the State steps in. Simple as that.

I got all excited for a minute cause i thought that said "big breasts". Then i realised it didn't and was all part of the whole boring politics talk.

So carry on while i go visit the fit birds thread.

Thankyou

 

[moyes_bringin_it_back]

I got all excited for a minute cause i thought that said "big breasts". Then i realised it didn't and was all part of the whole boring politics talk.

So carry on while i go visit the fit birds thread.

Thankyou

 

[Seamus Colemole]

Now i'd vote for her!

 

[Reidy's Bottle Of Grecian]

Now i'd vote for her!

on the bottom pic i'd be torn between choosing one over the other.

 

[coyney]

well if you have trained for 5 years to do a job, then it's highly unlikely that you can expect to earn the same by taking an unskilled one, unfortunately spending more time learning another job/trade is not something that is financially viable.
i suppose i could just sit back and let the taxpayers look after my family while i do a degree via the open university to fiddle the system, but then i could do my best to provide for them, so that they don't grow up without a pot to piss in.

we've been here before bruce, yes you made sacrifices to gain quals. for a better career but sadly that option isn't available to all of us, i was never able to do that because my family weren't able to assist me financially, my dad was out working 7 days a week struggling to pay for what he had provided me with during childhood (a nice home etc etc).

btw, yes i do hold the conservatives responsible for the situation that i found myself in, i worked at an M.O.D. establishment that the government sold to bae for a penny (may have been a pound) to cover what they owed them for the Falklands War. if that hadn't happened then i would have been a civil servant with a generous income and a nice pension to look forward to, but unfortunately when bae took over they shut the majority of the places and gave the work to their guys, when around 3,000 end up on the dole in your area (majority skilled) then it kind of limits your options. i 'got on my bike' as was suggested and then when i decided i wanted to return, they had the gaul to say "why should we give you anything, you chose to leave the country, you didn't want to live here any more".


unless of course you are talking about a job that requires 2 days of training or a couple of months ? maybe if your job goes you will be happy to pick stuff in a warehouse for the rest of your working life, with the income that that will give you.

Post of the day mate.

 

[Desaparecido]

I confidently predict no-one will change their mind as a result of this thread.

 

[Bruce Wayne]

I confidently predict no-one will change their mind as a result of this thread.

Very true.

 

[ToffeeDan]

I confidently predict no-one will change their mind as a result of this thread.

Correct - I still won't be voting Tory

 

[Reidy's Bottle Of Grecian]

as an Evertonian, i retain the right to be one eyed

 

[davek]

First of all Dave,

Quantitive easing is printing money in other words the money never existed it has been created out of nothing.

VAT back up and what has it actually saved, no one knows but there was a big rush of spending before New Years Day,

The car scrappage scheme benefited for the most part Foriegn manufacturers and only car showrooms here.

Under the tenure of this government 4 vehicle manufactuirng plants have gone, do you appreciate how many jobs that is?

Our financial position was made a lot worse than it could have been if GB had not started borrowing on a large scale from 2001 because his spending exceeded tax revenues.

Under GB The Navies surface fleet was reduced by about a third and other defence spenidng slashed which is why the armed Forces were in a poor state to start fighting wars.

It has now been revealed that in the mid 2000s the Government policy was to let immigration rip to force the country to be multi racial and multi cultural which we are now paying for.

It is estimated that nearly a quarter of the prison population are immigrants and the prisons are overcrowded.

GB sold off the bulk of pour gold reserves to China at a knock down price because GB wanted the money. We could have done with those reserves now.

With the removal of the dividend tax relief this started the demise of the private pensions in this country.

Many of the poorest people in the country are still paying too much tax because of GB's 10p tax blunder which to partl put roght the country had to borrow 5 billion.

With regard to the banks it was GB who relaxed the rules on lending with the allowance of self certifying mortgages which let borrowing rip and house prices escalate but GB was happy with that because of the stamp duty.

Tax credits and Benefits lose annually about 6 billion to fraud and irrecoverable overpayments which the government is doing little to tackle.

What of the little pernicious taxes created by GB, Insurance premium tax, Airplane passenger duty tax (which is supposed to help climate control but just goes into the pot), Tax on our phone lines to help BT spread broadband, and helping our car industry which you mentioned is the showroom tax starting on the 1st April, no fooling.

Just a few points Dave to put another side up.

PS this government is also into privatising parts like for example Aldermaston sold to the Americans.

Leaving aside your assertions on immigration - which are a bit alarmist - you're arguing that the government has acted and made mistakes. No argument from me on that. I dont support Blair and for the most part Brown. I know one thing though: there's no contest whatsoever in terms of a realistic choice at the ballot box - the Tories will place a greater emphasis on cuting back on public spending more than Labour will in an effort to make the most vulnerable pay for the crisis caused by the financial sector. If a disparity between top earners and the rest has grown under Labour (which it did during the boom) then watch what happens under Cameron.

 

[davek]

This issue will be massive over the coming weeks in the election build up: Tory top brass frustrated by mystery over Michael Ashcroft's tax status | Politics | The Observer

In effect: a foreign-based businessman controlling the fortunes of our domestic politics.

Watch the Tories throw all kinds of chaff to distract...to no avail.

 

[MapleLeafEvertonian]

Well one one hand you can vote for a government that has sent us in to two wars, put the country into debt and opened the gates for unsustainable immigration. And now has one of the most of disliked leaders at the helm. Who in an attempt to gain support goes on Piers Morgans show and cries. I'm sure the Iranians will love that one.

Or you can vote for a party that despite not being in power for quite a while now, is still remembered for completely messing up the country to such epic levels. In which those involved in screwing up the country are still very much in the higher offices of the party. Who are now led by a poor mans Tony Blair and promise pretty much the same things as the current government promises with different wording. Leading the nation to become very apathetic to politics in general. Hooray.

Of course you could always vote Lib Dem