gallick
- 15 May 2005 23:58
Without wanting to make a party political broadcast (bit late for that) it is quite clear that Gordon is in fact a moron. Having made the Bank of England in charge of interest rates in his first day of power (good move), I fail to see a single good thing he has done since.
He has managed to tie business up in red tape, increase the tax burden with 66 different stealth taxes, and increase spending massively creating a considerable black hole, which means that taxes will have to rise further. The only jobs he has created are in the public sector (the least productive and most expensive to fund) and money has been poured into the NHS with no discernable benefits.
Even his sideline issues have been hopeless. He sold the Bank of England Gold reserves almost as they touched their low point (gold prices have subsequently soared)and has completely decimated pensions with his 5 billion yearly tax take.
So the question is, what can Gordon fcuk up next? I know, lets give him the top job so he can completely knacker the country.
After all, we probably deserve him!!
rgrds
gk
iturama
- 16 May 2005 07:14
- 2 of 38
It is not mere coincidence that the left wing of the Labour party are so desperate to have him as PM.
moneyplus
- 16 May 2005 12:36
- 3 of 38
55011
- 16 May 2005 15:04
- 4 of 38
Says so much about the Great British Electorate.
moneyplus
- 16 May 2005 16:06
- 5 of 38
Todays Times--the electorate of the UK is divided by the Northern heavily subsidised areas all red and the South and East just about all blue which is paying for it all! How much more can we stand? Brown either has to reign in public spending or up up go taxes! eventually he will run out of money.
business is suffering the EU disease and the stock market knows it--that's why the market is so nervous.
gallick
- 16 May 2005 16:44
- 6 of 38
Good point moneyplus. Apparently more people in England voted Tory than Labour, but Labour still won 93 more seats. Sounds like a bit of "gerrymandering" going on.
hewittalan6
- 16 May 2005 17:11
- 7 of 38
I must take issue with moneyplus and the times about a heavily subsidised up north. My political colour is irrelevant but to paint that particular picture is a ridiculous piece of prejudicial journalism and is exactly what we have come to expect from an increasingly capital centric media.
I live in Leeds, which is red apart from one yellow seat, and for years we watched as the south east was subsidised in many ways. The poll tax was one example and the dominance of London as the only place considered for government departments was another. Interest rates and monetary policy was dictated by whether the south east housing was in the boom or bust part of the cycle without any reference to the market in other parts of the country. House prices had not moved at all in these areas during the souths housing boom of the 80's, yet we all had to suffer the rate hikes and the recession that followed.
So don't bleat when the south gets a taste of it's own medicine.
And Gallick, I live in the UK. This makes up the whole of the electorate. I would happily accept your argument if we were talking about regions, but we are talking about an election throughout the UK. On this score Labour won more votes than the other parties, and more seats. We may all be unhappy with the end result, however, these complaints were not to be heard when the tories had power under such similar circumstances and wreaked havoc on the economy of the north.
Alan
Mr Magoo
- 16 May 2005 19:42
- 8 of 38
thanks, i agree totally, going downhill fast... i have just shorted more... er, but you got the epic wrong
cavman2
- 16 May 2005 22:14
- 9 of 38
Gallick,
You are quite correct but whenever I posted this and other information on various threads Pre Election nobody seemed to care.
Hewitt I am sorry but I think most of your undoings were the intractable Unions and everbodies willingness to walk out whenever they were asked to.
You had most of the Industry and it's no good blaming the Tories because since 97 output has been continuously falling and we now have the biggest trade deficit ever.
The Unions if they had not been trying to wreck various industries would have been a good thing (remember Red Robbo), now of course we have the bosses who pay themselves vast figures and forget that without the workers in offices or factorise, supermarkets etc they could not earn a penny. They should realise that they need each other and I have experienced them giving themselves bonuses and above inflation pay rises while telling staff there's no money in the kitty for a pay rise- wait and see what happens next year.
I am sorry but with the mountain of debt labour has built up including once again owing money to the IMF we are going to be in trouble.
The Tories paid off the last Labour debts including billions to the IMF and the War debt and managed to get things on an even keel for Mr Brown to inherit.
Also only 1 in 5 people voted for labour and the Tories polled 60,000 more votes and yet labour got all those extra seats. It might not seem fishy to you but it does to me.
hewittalan6
- 17 May 2005 00:12
- 10 of 38
What seems fishy is that you agree with principles that are of benefit to you but disagree with the same principles when they work against you. When we were subsidising the south there was not a single murmuring, and now the role is reversed there are screams of foul. When a shop floor worker asks for more, he is disruptive, anarchic and bolshy. When a director does the same he is a captain of industry and lauded for his approach. You have jumped to a conclusion on my political affilliation, on which you may be wrong. I simply seek fairness and redress. I have a deep mistrust of our electoral system but as nothing better presents itself, I will support it.
Finally, why blame unions and by extension, labour, for the demise of industry unless you are prepared to blame executives in the south and by extension, the tories, for the loss of much of the financial services industry to foreign shores. This is another example of twisted logic, when labour are in power, blame labour. When they are not in power, blame the labour supporters in unions. Bit of a no lose situation there for anyone tied to the tory dogma.
cavman2
- 17 May 2005 00:35
- 11 of 38
If you had read my post did I not say that bosses often paid themselves too much, that happens down here as well, I know I have first hand experience but our family has experience of protectionism by unions.
Why is it that the North always think they have subsidised everybody and I suspect you include the Scots,welsh,cornishman and devon peoples. It might surprise you that we also put our backs into working and don't lounge about on the beaches or wherever.
Why do we blame labour because they invariably cock up the Economy, when have they not.
Tony has lied and lied again, he has taken us to war and no doubt killed a mix of people from various regions apart from other foul ups.
We now have a case where if you are white and apply to join the Police force you have to wait 3 years to give ethnics a chance, it could only happen here.
Tea and sandwiches with Harold Wilson and what did he do, he cocked up the economy
Fred1new
- 17 May 2005 01:09
- 12 of 38
Who squandered the revenues from North Sea gas and oil? Who caused manufacturing in to collapse in this country? Who refuse to put money into supporting the infrastructure, health and education system until it was in a state of collapse? Who support their own followers by reduction of taxation and increasing privatisation and increasing the gap between those born with a silver spoon in their mouths and those who were less fortunate but none the less in value?
This country has had less than adequate leadership for many years, but I think the period we are in is probably been the most politically corrupt since WW2 and at present is led by a fantasist passing himself off as a socialist.
Fred1new
- 17 May 2005 01:09
- 13 of 38
hewittalan6
- 17 May 2005 07:59
- 14 of 38
would it not be far mare accurate to say that the good ol US of A has knackered the world economy. Would it not be farer to say that the UK has enjoyed a period of sustained growth and prosperity longer than ever achieved before, against a background of recession in all the major trading blocs of the world. I have read many times that the economy has had it because growth forecasts are wildly optomistic, or inflation targets are to be breached, and each time this has proved to be false scaremongering, but I challenge anybody to tell me of a chancellor who has given us this abundance of stability.
When I think of tory chancellors of my lifetime, I think of Lawson, Clarke, lamont and Major. I think of massive unemployment, enormous interest rates, the ERM fiasco and red braced Gordon Gecko types given free reign to sell this country cheap by the pound and then waddle off into the west end to enjoy a rather nice bollinger. As I said earlier, my political persuasion is irrelevant and there is much in Labour I disagree with, but given the choice between Brown running the economy and any of those idiots, well there is no choice.
Finally, I did not say the north subsidised everybody. I said the north (which last time I looked at a map included Scotland and Wales) subsidised the south east. If you don't believe me, look at the investment in train services paid for nationally. The only beneficiaries to that are in the commuter belt of the south east. train transport is an irrelevancy for the vast majority of people outside this golden triangle.
hilary
- 17 May 2005 08:11
- 15 of 38
Post 9 - "When we were subsidising the south"
When did the North ever subsidise the South exactly? I thought that it was the over way around. It's not without reason that the sun never shines ooop Norf, that it's permanently 4 or 5 degrees cooler and they can't grow decent flowers.
Not only did they build Hadrians Wall 300 miles too far north, but they should have built it at least 20' higher. And without any gates.
hilary
- 17 May 2005 08:13
- 16 of 38
Oh, and Brown buggering up the economy? Of course he has ......... it's a no brainer. I'm actually glad that Boney Liar's mob are back for another few years, so that they can reap what they've sown.
hewittalan6
- 17 May 2005 08:24
- 17 of 38
All you Brown bashers out there. Tell me the last thing any tory chancellor did that was even 1% as useful as making interest rate decisions non political and independant. Tell me the last tory chancellor to not bugger it up big style. (tip for those under 60 - check the history books pre 1970!!)
It is easy to bemoan a situation but so much more difficult to propose better alternatives.
moneyplus
- 17 May 2005 10:09
- 18 of 38
Brown inherited his stable economy and was careful with it in the first term--now it's all going pear shaped. we suffered under the conservatives because they inherited huge Labour debts--remember the IMF bailing us out?? we were the poor man of Europe an absolute disgrace!! Brown has robbed the banks and pension funds to keep spending--also he has squandered the billions he received from mobile phone licenses.
there's no more left to dip into except more speed cameras--higher and higher taxes or more stealth taxes! I agree with Hilary totally.
I'm not saying the tories were wonderful but who but mugs would want to take on running our country--the clever people go off and quietly make money!
hewittalan6
- 17 May 2005 10:24
- 19 of 38
I remember the IMF very well. I also remember the oil producing countries holding the entire world to ransom and our problems being caused by that and power mad unions. I also remember the arguments about squandering billions on tax cuts under Thatcher when all the countries interests were sold off and North sea revenues disappeared into nowhere. Nobody is saying anyone is perfect, and we may yet see recession, but we did that as well under successive tory rulers. The point is, and I suspect always will be, a me, me, me country where we all demand to pay less and want to see government spend more on our choices. The circle will never be squared. Given that all right of centre supporters argue that we have an economic black hole ahead of us, how can they then defend a party whose election pledge was no tax rises (perhaps even cuts) and greater public spending?
So we are left with a situation where the chancellor of any colour is damned if he does and damned if he doesn't. My original post was taking issue with the creeping anti northern sentiment that ignorant people are starting to display. Only a fool could possibly say that the north of this country wasn't made to suffer during the 80's and 90's so that the tories could look after their heartlands in the south east. Now we have a government that has redressed that balance to look after its own heartlands there are cries of foul.
Scripophilist
- 17 May 2005 10:30
- 20 of 38
ROFL, Politics and religion. Along with sex it stirs the emotion.
I think the economic turmoil is plain to see. Brown was very prudent to start with but had been pursuing ideological goals at whatever the cost since.
Faced with the prospect of a slowing economy taxes and borrowing rocketed which has been put to use in an unproductive manner. OK so it stopped the country sliding into recession but it was no economic miracle and we WILL have to pay for it.
Meanwhile house prices skyrocket and debt reaches astonishing levels. An economy based on overvalued assets, massive borrowing by the public and the government is not a stable economy. Economic reality always dawns later than sooner. I'm not a doom and gloom merchant though as economies can often suceed in spite of meddling. But I have taken measure appropiate to the possibilities.
Sequestor
- 17 May 2005 10:41
- 21 of 38
there is another 60 miles of England North of Hadrians wall, its called Northumberland.