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,

Seems a more and more appropriate pseudonym for you.

The image you posted does remind me of the policies of the two barrow boys in charge at the moment.

The dump Osborne in favour of Vince group within the cons party is getting stronger.

The valuation of money spent is yours.

However, I would suggest you make a flow chart of how this present government is spending tax payer's money ineffectively and whose pockets that money is going in the hope that it bolsters their position.

Promises, promises, promises, broken, defeat.

But it is good to see the tory party still have adherents to their latest party lines.

That is until the next u-bend turn!

Is the "boss" still away?

fred
What nonsense you spout. There is no move,went in the party to replace Osborne with Cable. The idea is absurd. Firstly Cable agrees with Osborne and secondly the party would only accept a Conservative in that post.

I you want to see what happens when a someone follows their beliefs in state education then read this terrible story by Jonathan Miller's son about the terrible education he and his sister had, even though their father could have sent them to the best schools. Even his father regrets the choice. At least he is paying for his grand children's education.


http://www.dailymail.co.uk/news/article-1145243/Atrocious-lessons-daily-bullying--I-wont-send-children-state-school.html

Cyners,

Please point me to where I suggested it was a long-term fix.

Central banks and governments would normally counter excessive inflation by raising interest rates, but there's no hope of the BoE doing that at the moment as they're no doubt almost certainly happy to witness high inflation and weak sterling. The conservative's sole interest will be in putting enough plasters on the cuts to see them home and dry for another term in 2015.

And if you're curious about the apparent strength of the euro at the moment, I'd suggest it's because, unlike other central banks, the ECB don't have any mandate as a lender of last resort. As much as they'd like to weaken the euro, there are no mechanisms in place for quantative easing within the EZ. The closest thing they've got is the EFSF which allows them to buy the bonds of problematic states.

thanks for the enlightenment hilary, though in historical terms inflation remains very low (no doubt you'll correct that too!) ..... it'll be interesting to see where sterling stands against both the euro and the dollar in 2 years time .... for better or worse, almost none of our income is in sterling - it's primarily $ with a reasonable smattering of €

What's more important than the physical level of inflation, is the number in relative terms.

Currently at 2.7%, inflation is above target (2.0%) and above GDP growth (+ or - sfa%). It's also above earnings growth which is why Greekman is complaining about his recent duel-fuel bill, and it's why I said previously that it's nothing more than a stealth tax used by governments to devalue the level of national debt.

with regard to inflation vs gdp, surely that was often if not usually the case in the past .... the time we all really got mangled was in the early 80s with high everything, including astronomic interest rates ..... at that time, i ran a little brasserie and we were having to raise prices 3-4 times a year .... i reckon that in a great many ways, those were far worse times

The Euro is higher than sterling because their interests rates are higher and investors are buying Euros in particular to invest in German banks. It is ones of the side effects of a unified currency but an non-unified political system across the EU.

Cyners,

If you take the period from 1960 to 2005 (if only because the IMF estimates are readily available for that period), UK GDP multiplied approx 47-fold whereas the inflation index only multiplied just over 15-fold. So, whilst there are obvious fluctuations during periods like the one you mentioned and also the current period where inflation exceeds GDP, over any sustained period GDP growth comfortably outstrips inflation and we should all be getting richer.

thanks for that .... on reflection, that had to be correct, or we'ld have less than one car per family

Some do have less than one car per family. They are called Fiat 500s.

Fred - Do us all a favour and just Fuck off to France, by the way the twats are losing 17 -13 to the English as we speak :O) Can it last? watch this space.

The Germans have the right idea.

Give horsemeat-tainted food to poor - German minister

Germany's development minister has suggested food tainted with horsemeat should be distributed to the poor.

Dirk Niebel said he supported the proposal by a member of the governing CDU party, and concluded: "We can't just throw away good food."

The opposition dismissed the idea, but a priest said it should be considered.

http://www.bbc.co.uk/news/world-europe-21559451

Oh yes. What really slays me about Fred is this unreal attitude that whatever he posts is of any relevance to anybody except himself. Eg "Refer to my post a week last tuesday, two years ago or the day before yesterday" News Fred, you post left wing shite number 1, number 2 it's crap and 3 you are a prick! Deal with it.

Perhaps they are trying to kill off the poor. The meat perhaps has drugs in that are not fit for human consumption.

But fine for Germans eh.

No comment. :-))