goldfinger
- 09 Jun 2005 12:25
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.
cynic
- 11 Feb 2014 14:56
- 36444 of 81564
well milli has 1,000 legs, but he's closer to the ground (than a snake's belly?) so unfortunately would have drowned en route
goldfinger
- 11 Feb 2014 14:57
- 36445 of 81564
And what about that bloke on the Tory front benches him who was in charge of the NHS Landsley yes thats him, what on earth does he do these days other than scratch Daveys back.
goldfinger
- 11 Feb 2014 14:57
- 36446 of 81564
Ohhhhhh shut up Cyners.
cynic
- 11 Feb 2014 15:00
- 36447 of 81564
it's no more inane a comment than most on here :-)
goldfinger
- 11 Feb 2014 15:06
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How do you mean TANKER rarely posts now.
Mind he was right about pensions........spot on.
Cant remember what he said mind.
goldfinger
- 11 Feb 2014 15:07
- 36449 of 81564
Yellin spouting now in USA.
aldwickk
- 11 Feb 2014 15:08
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They have been in "power" for 4 years
Its going to take more then that to sort out the mess that Labour left us in after nearly 14 years in power.
Bob Crow calls off the rail strike , now why did he do that ? could it be that the rail network has flooding and trains are not running or running hours late.
goldfinger
- 11 Feb 2014 15:15
- 36451 of 81564
FRED, get your posters out for aldwick please. You know the 2 we discussed earlier this afternoon. Im on lap top so cant access them. cheers.
goldfinger
- 11 Feb 2014 15:20
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Just been on Talk Sport........Joe Bugner making a comeback aged 63.
Fred1new
- 11 Feb 2014 15:49
- 36453 of 81564
GF,
Do you mean this one?
And before any Tory goes screaming but Meacher is a far lefty, heres one from a TORY admitting near as dam it the same thing about the lies over the deficit...........
Finally! Exposed! The Deficit Myth! So, David Cameron When Are You Going to Apologise?
Posted: 24/10/2012 07:33
"A lie gets halfway around the world before the truth has a chance to get its pants on"
- Winston Churchill
As a Conservative I have no pleasure in exposing David Cameron's deficit claims. However, as long as the party continues to talk down the economy via the blame game, confidence will not be given an opportunity to return. For it is an undeniable and inescapable economic fact: without confidence and certainty there can be no real growth.
Below are the three deficit claims - the mess. The evidence comes from the IMF, OECD, OBR, HM Treasury, ONS and even George Osborne. The claims put into context are:
CLAIM 1
The last government left the biggest debt in the developed world.
After continuously stating the UK had the biggest debt in the world George Osborne admits to the Treasury Select Committee that he did not know the UK had the lowest debt in the G7? Watch: Also, confirmed by the OECD Those who use cash terms (instead of percentages) do so to scare, mislead and give half the story.
Its common sense, in cash terms a millionaire's debt would be greater than most people. Therefore, the UK would have a higher debt and deficit than most countries because, we are the sixth largest economy. Hence, its laughable to compare UK's debt and deficit with Tuvalu's who only have a GDP/Income of £24 million whilst, the UK's income is £1.7 Trillion.
Finally, Labour in 1997 inherited a debt of 42% of GDP. By the start of the global banking crises 2008 the debt had fallen to 35% - a near 22% reduction page 6 ONS Surprisingly, a debt of 42% was not seen as a major problem and yet at 35% the sky was falling down?
CLAIM 2
Labour created the biggest deficit in the developed world by overspending.
Firstly, the much banded about 2010 deficit of over 11% is false. This is the PSNB (total borrowings) and not the actual budget deficit which was -7.7% - OBR Economic and Fiscal Outlook March 2012 page 19 table 1.2
Secondly, in 1997 Labour inherited a deficit of 3.9% of GDP (not a balanced budget ) and by 2008 it had fallen to 2.1% - a reduction of a near 50% - Impressive! Hence, it's implausible and ludicrous to claim there was overspending. The deficit was then exacerbated by the global banking crises after 2008. See HM Treasury. Note, the 1994 deficit of near 8% haaaaaah!
Thirdly, the IMF have also concluded the same. They reveal the UK experienced an increase in the deficit as result of a large loss in output/GDP caused by the global banking crisis and not even as result of the bank bailouts, fiscal stimulus and bringing forward of capital spending. It's basic economics: when output falls the deficit increases.
Finally, the large loss in output occurred because the UK like the US have the biggest financial centres and as this was a global banking crises we suffered the most. Hence, the UK had the 2nd highest deficit in the G7 (Not The World) after the US and not as a result of overspending prior to and after 2008- as the IMF concur.
CLAIM 3
Our borrowing costs are low because the markets have confidence in George Osborne's austerity plan and without it the UK will end up like Greece.
Yes, the markets have confidence in our austerity plan and that's why PIMCO the worlds largest bond holder have been warning against buying UK debt.
The real reason why our borrowing costs have fallen and remained low since 2008 is because, savings have increased. As a result, the demand and price for bonds have increased and as there is inverse relationship between the price of bonds and its yield (interest rate) the rates have fallen. Also, the markets expect the economy to remain stagnate. Which means the price for bonds will remain high and hence, our borrowing costs will also remain low.
Secondly, the UK is considered a safe heaven because, investors are reassured the Bank of England will buy up bonds in an event of any sell off - which increases the price of bonds and reduces the effective rate. Note, how rates fell across the EU recently when the ECB announced its bond buying program. Thirdly, because, we are not in the Euro we can devalue our currency to increase exports. Moreover, UK bonds are attractive because, we haven't defaulted on its debt for over 300 years.
David Cameron would like people to believe the markets lend in the same way as retail banks lend to you and I.
Overall, when the facts and figures are put into context these juvenile deficit narratives and sound bites ("mere words and no evidence") simply fail to stand up to the actual facts. The deficit myth is the grosses lie ever enforced upon the people and it has been sold by exploiting people's economic illiteracy.
So, David Cameron when are you going to apologise?
Cameron is playing the blame game to depress confidence and growth to justify austerity. Secondly, to use austerity as justification for a smaller state to gain lower taxes. Thirdly, to paint Labour as a party that can not be trusted with the country's finances again. Therefore, we Conservatives will win a second term because, people vote out of fear. The latter strategy worked the last time in office (18 years) and will work again because, in the end, elections are won and lost on economic credibility. Hence, as people believe Labour created the mess they won't be trusted again.
Finally, as the truth is the greatest enemy of the a lie I urge you to share this on Facebook, Twitter, blogs, text and email etc etc. So the truth can be discovered by all. Finally, have no doubt, people have been mislead by the use of the following strategy:
"If you tell a lie big enough and keep repeating it, people will eventually come to believe it" Joseph Goebbels
doodlebug4
- 11 Feb 2014 15:49
- 36454 of 81564
Who is he going to fight gf, Freddie Flintoff?
Fred1new
- 11 Feb 2014 15:50
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J Burger =63 and a come back.
Ummmh Manuel may just be arriving!
goldfinger
- 11 Feb 2014 16:01
- 36456 of 81564
Yes Fred...cheers. Take note aldwick, youve been brainwashed and lied to by the Tories.
Doodles may I call you JOCK.......wink.
Not sure who Bugners opponent will be perhaphs lloyd Mayweather, he seems to come out of retirement more times than Osbourne does a U turn..........................and that takes a lot.
goldfinger
- 11 Feb 2014 16:02
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Just heard on Talk Sport Red Rum declared as one of the initial runners for the Grand National.
Chris Carson
- 11 Feb 2014 16:57
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David Moyes - Football Genius!
doodlebug4
- 11 Feb 2014 17:04
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I hope everyone is reading the BLNX thread, it's very entertaining right now ! We don't even have to pay for this.:-) Just been reading it from post 5484 onwards.
doodlebug4
- 11 Feb 2014 18:02
- 36460 of 81564
Amazing the effect that television cameras have on politicians. From the moment Sky News descended on Berkshire in force we suddenly have the various pillocks from all the political parties trying to put their tuppensworth in. The real hero is Su Burrows, a volunteeer, who gave Philip Hammond a piece of her mind live on Sky this morning. Lord Smith, Chairman of the Environment Agency, well it's probably his day off, since he only works three days each week and why should he get his feet wet after all - it's really not worth it for only £150,000 a year, or whatever he gets paid.
MaxK
- 11 Feb 2014 18:42
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SOMERSET FLOODS: Why isn’t Farage owning up to the EU’s role in this disaster?
By John Ward February 11, 2014
Interesting read:
http://hat4uk.wordpress.com/2014/02/11/somerset-floods-why-isnt-farage-owning-up-to-the-eus-role-in-this-disaster/
aldwickk
- 11 Feb 2014 18:55
- 36462 of 81564
Didn't read what Fred posted.
Joe Bugner making a comeback aged 63. It won't be Mayweather , his a welterweight. The oldest World Champion now is Bernard Hopkins aged 48
Bugner was allways underated , went the distance twice with Ali and once with Joe Frazier who he hit with a right hand punch that buckled his legs. He had a good defence and could take a punch.
Dil
- 12 Feb 2014 03:19
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Be fair aldwick he didn't 'fight' Ali he ran away/covered up in both bouts. Ali was already well past his best too.
One bout Bugner didn't even throw a punch did he ?