Current Affairs The Conservative Party

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Indeed, the context for the cuts under Brown was the high borrowing to bail out the banks post 2008.

Of course, people will rightfully get angry with the banks. However, New Labour did merrily allow the lax regulatory environment in which that particular crisis arose. As we've seen though, finance is a powerful sector and if you upset it / the markets, things go south.
It's not just powerful but also one of the few sectors that the country is globally a leader in. It also provides some £75 billion in tax receipts per year, or around 10% of everything the government collects. We have a strange tendency in this country to do down that which is successful.
 
That to me is almost (not entirely) a separate issue. Labour had to appeal to floating Tory voters in the late 90s to get into power. Part of that was the infamous "light touch" regulation of the City and BoE independence to set interest rates: creating a perception that they were, as Mandelson famously remarked "intensely relaxed about people getting filthy rich"

Those regulators were, are and will always be 3 steps behind what is actually happening in banks and on trading floors, no matter what their powers. It's the nature of the beast. How many years was it after the event that the LIBOR scandal came to light?
I'm not entirely sure I agree there, there's plenty of lobbying going on (and still is).

However, what we can say is the Tories were utterly disingenuous in blaming debt on borrowing to prop up the public sector.

Edit: pre-2010 election I mean.
 
The same party who made the trade unions have a secret ballot for a strike in 2022 they should introduce the same thing i.e practice what they preach -

Remove the archaic whip -
Vote in parliament by passing secret ballot boxes around = far quicker
the speaker & their comrades to count the votes
Then declare the vote -
This would take 1/2 an hour instead of 2 hours of bullying people into booths -
When we vote for them, as an MP, do we not vote secretly into a ballot box ?

So why can't they do the same instead of the archaic system from centuries ago ?

No way would that Fracking vote would have won last night ....

IMO they can all Frack off....

Opening some of the coal mines under new technology, cleaning the coal with new technology is better that Fracking ....

Poor people are starving & they behave like school children ..... we are sitting on Black Gold the finest coal in the world The UK was at one time full of Sycamore trees It's why we have the best coal in the world - China - Poland - the USA - Germany - Russia - Columbia all mine coal that is not as good as we have we could invest in cleaning the coal with the technology of the day to get green % to keept the air clean & produce our own steel etc etc ......& they vote to cause earthquakes plus pollute the waterways .....

Not a brain amongst them ....

Do as I say, not as I do, is the new Conservative motto..
 
Thatcher flooded all the old mines .....full of Black Gold ......Coal can be cleaned - Thatcher did it just to finish the most powerful trade union in the UK .....

Thatcher didnt flood disused mines. Nature flooded disused mines.

Again, I ask if coal can be profitably extracted and sold in the UK why is nobody doing it?
 
It's not just powerful but also one of the few sectors that the country is globally a leader in. It also provides some £75 billion in tax receipts per year, or around 10% of everything the government collects. We have a strange tendency in this country to do down that which is successful.
Well yes, exactly, it is strategically important. So I understand the need to prop it up post 08 crash. However, I'm not sure giving it free reign is allowable. Especially given what happened!
 
Do as I say, not as I do, is the new Conservative motto..
The whip does the same job for both parties, used for self preservation .... it needs to go ASAP for all parties do you know in the houses of parliament there is a room where actual whips that were used centuries ago is a shrine of their history - a complete joke .....
 
Well yes, exactly, it is strategically important. So I understand the need to prop it up post 08 crash. However, I'm not sure giving it free reign is allowable. Especially given what happened!
Oh for sure, I guess I'd just argue that finance is one of the most global of markets and it's very difficult for one country to have a regulatory environment that's out of step with others.
 
It absolutely is a loaded question, would you rather jump off a bridge or have your legs chopped off? It's nonsense and targeting the wrong people.
lol

There are a lot of people who would prefer to have Corbyn or a 'Corbynite' as a leader instead of Starmer.

I don't think it is a controversial stance to say that Starmer is far more likely to get elected than Corbyn, the polls show this and so do the two election defeats Corbyn suffered.

That is why I asked the question to someone, who came across to me as one of the people would prefer Corbyn over Starmer (I could be wrong on that assumption), would you prefer a more left wing leader but be in opposition, or a more centrist leader in power.

I am not trying to rile anyone up, I voted for labour under Corbyn and I will vote for labour under Starmer but it is obvious (to me anyway) which one has a better chance of winning and therefore which one I would like to see lead the party.
 
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