Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Dreams.

No offence taken.

I think the real precursor to the economic chaos was the "cheap" Japanese loans ploughing into the World Economy prior to the cash.

The money sloshing around and passing through multiple hands with small percentage gains. This trading demonstrated itself in the "housing market". Similar in some ways to the "building" craze of empty buildings blocks during the Heath period.

Any way, difficult to stop a party when the majority and the media are having "fun".

Interesting article

http://uk.reuters.com/article/2013/01/25/uk-carney-idUKBRE90O07N20130125?feedType=nl&feedName=ukdailyinvestor

====================

Also, look at his initial actions to the "chaos".

Osborne may have bitten off more than he can chew.

"Analysis - Canada's Carney may ruffle feathers at Bank of England"

Just been given some inside info from JCP Jobcentre by an ex junior of mine when i worked for the Civil Service.

In them days we did a claimant/jobs count every month and was based as a fraction of 40.

40 being the average number of hours per week worked by an employee.

A part-timer on 20 hours counting as .5 of a unit, a full timer 1 full unit.


Now im informed its 1 unit for 37 hours and 1 unit for 18.5 hours in fact 1 full unit for
any part time work.

No wonder we are being told their are more jobs than their has ever been. Its simply not true, the figures are in effect fiddled with the goal posts having been moved by ID Smith.

Now I can see why their has been a contradiction with output and productivity figures which looked and gave the impression that everybody in work was sat around twiddling their thumbs.

My god what a corrupt government, if they arent fiddling the deficit figures and health spending figures they are now fiddling these figures.

Makes you wonder what other figures are being fiddled!!!

Alistair Darling: Gordon Brown bullied the Treasury to fiddle the figures .

Wow never new Labour would do a thing like that. Jesus I'm lost for words. lol
Come on get real lol,the cons are no different to Labour. Figures have and will be fiddled.

http://blogs.telegraph.co.uk/news/benedictbrogan/100103096/alistair-darling-gordon-brown-bullied-the-treasury-to-fiddle-the-figures/

I'm just catching up on a days posts.
Tanker if you are around can you re write this post...I cannot decipher it....


TANKER - 24 Jan 2013 17:08 - 20684 of 20708
osborne was bragging that he had taken money off PENSIONERS
with a big grin on is face . if he had said that is would kill them off
if we had some bad weather it would not have been so sick

Public sector pension figures 'were fiddled under Brown'

http://www.guardian.co.uk/money/2010/jun/27/public-sector-pensions-real-cost

I'm sorry but they are all as bad as one another (thats Labour and the Cons)

GF..

Your Post 20708 is as I suspected and suggested the employment figure were being "fiddle".


I was trying to get hours actually (or said to be) worked.

Also, would like to know Jobs - apprenticeships figures and how they are being audited.

Figures don't lie, but lairs can figure.

lairs may even fox you :-)

It is virtually impossible for the government to fix the figures these days as they come out from separate bodies. The employment figures come from the ONS, which is not under government control. The monetary figures now come from the OBR (Office for Budget Responsibility). The OBR was created in 2010 by the present government to stop tampering with the figures. It puts out its figures without recourse to the government. All the data is on their web site.

http://budgetresponsibility.independent.gov.uk/

Dreams.

Have to agree with you.

Did at one time have a little more respect for the Libs as a party and thought them a little more honest even if didn't agree with many of their policies, but feel many have sold themselves to the highest bidders.

Not against them entering a coalition government, which was probably a reasonable thing to do, but renegating on their publicly declared policies has been and continues to be a suicide mission.

=========

is "renegating" politico-speak for renegotiation to disguise what is actually reneging?

Cynic,

The latter.

Related forms
ne·ga·tor, ne·gat·er, noun
re·ne·gate, verb (used with object), re·ne·gat·ed, re·ne·gat·ing.
self-ne·gat·ing, adjective
un·ne·gat·ed, adjective

Perhaps somehow Fred the whole political set up of this country needs to change.
One idea might be say to have a mixed team to include perhaps business leaders.
More so that their interests are not to win the next election and go fully out to do whats best for the country. Any other ideas ?

DC yep I agree but last nights fiddle caught on a party political broadcast... WELL.

Never thought id ever see that. Lets face it whats Cameron doing as a tory leader if he cant work out the difference between the structural deficit and the countrys debt.
Its obvious isnt it... hes a liar and the others in the broadcast are aswel.

Dont you worry I was tweeting Rachel Reeves like a bullet.(ohhhhhh shes fit lovely legs)

Fred apprenticeships LOL (12 months!!!!!!!!!!) my Dad did 5 years as a engineering pattern maker back in the old days as did most in other trades.

They are taken out of the claimant count as are people on the 1 year training courses.
As soon as they start their courses in other words they arent shown as unemployed. Its true Labour also used this method aswel towards the end of their period in govt.

It all comes down to actual hours worked and PAID and under labour the figure was
far higher than it is now.Thats why we have been getting the big conflict between productivity/out put and the jobs figures.

Maqgie T was the worst ......29 changes to how the figure was finally compiled, students taken out of figures gypos taken out of figures those over 60 taken out of figures but worst of all she was responsible for Incapacity Benefit as it is now as she had 7 million plus unemployed and it was an embarassment so she said lets take short term sick claimants and transfer them to IC to make the figures look better.

Fred the hours worked you wanted are in the post Haystack posted. The hours go back to 2009 and forward to 2017 odd. The hours look fairly consistant.

Shall we set up as a team then .lol

I agree goldfinger it all stinks.

Haystacks your above post re...OBR (Office for Budget Responsibility).....have they ever forecast any figures correctly yet?????????

Only this lunch time Andrew Neil when interviewing ginger top.... Danny ??????
asked him should they be sacked.

Dream,

My wife has just heard that the UK economy has shrunk.

She told me that they shouldn't have put it in the hot wash.





On thinking I think she was probably right!

Yes,lol