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.

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

Who is he going to fight gf, Freddie Flintoff?

J Burger =63 and a come back.

Ummmh Manuel may just be arriving!

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.

Just heard on Talk Sport Red Rum declared as one of the initial runners for the Grand National.

David Moyes - Football Genius!

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.

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.

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/

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.

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 ?

Re : floods ... some parts of country been suffering since December.

Thames overflows and everyone suddenly becomes concerned.

Bit like when London has half inch of snow and grinds to a standstill while other parts of UK have more in a morning than London see's in 10 years and carries on.

No wonder the Scots want to leave the Union.

The Scots are prepared for snow and London is not. In London we hardly ever get snow. Because the climate is milder, it melts here and turns to slush quicker. In Scotland the snow stays hard and you can drive on it. There is no point in spending enough to combat snow in London.

It is the same with the floods. You cannot prevent the floods at a reasonable cost. If you live near water, you stand a good chance of being flooded.

Government cuts, it all comes down to government cuts.

Why not someone from Holland, who actually knows what they are doing?



Mary Archer is tipped to take over Environment Agency

Dame Mary Archer is being sounded out to take over from Chris Smith as the new Environment Agency chairman.




Tim Walker

7:30AM GMT 12 Feb 2014



As the waters close in over the mediocre head of Lord Smith, Dame Mary Archer is being discreetly sounded out about taking over at the Environment Agency.


“The feeling is we need a scientist who has specialist knowledge of this subject,” whispers my man in Whitehall. “Mary is seen as being amply qualified.”


Mandrake disclosed last month that Owen Paterson, the Environment Secretary, had begun searching for a new chairman of the agency to replace Smith, who has held the post for six years.


The advertisement placed by the Department for Environment, Food & Rural Affairs stated that it was looking for an individual to lead it through a “challenging period.” That now seems like an under-statement. After the worst series of winter storms to blight Britain in more than 20 years left many hundreds of homes flooded, the agency confirmed that more than 1,600 of its staff would lose their jobs by October, including 550 who work on flood protection.


Aware, perhaps, that David Cameron was reported to have told aides to “get rid of all the green crap” from energy bills, Defra states that the chairman must have “commercial acumen.” The new boss will be paid £60,632 for working two days a week.



More bollox here:http://www.telegraph.co.uk/news/uknews/10631475/Mary-Archer-is-tipped-to-take-over-Environment-Agency.html

Yep good one max LOL.

Should be an interesting PMQs today.

I do hope that the repairs for property are all "Means Tested" similar to the "Bedroom Tax".

Also, that the road repairs are out of Local taxation and not the responsibility to the smaller state.

Update - Labour lead at 5
by YouGov in Politics
Wed February 12, 2014 6 a.m. GMT

Latest YouGov / The Sun results 11th February - Con 34%, Lab 39%, LD 10%, UKIP 11%;

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