Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

THE TALK TO YOURSELF THREAD. (NOWT)     

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.

ExecLine - 26 Jul 2014 12:43 - 44335 of 81564

From: http://www.dailymail.co.uk/news/article-2706366/From-symbol-hope-incarnation-sleaze-lies-greed-This-week-marks-20-years-Tony-Blair-Labour-leader-Now-Dominic-Sandbrook-asks-former-PM-sunk-low.html

From symbol of hope to incarnation of sleaze, lies and greed: This week marks 20 years since Tony Blair became Labour leader. Now Dominic Sandbrook asks - has any former PM sunk so low?


Tony Blair with wife Cherie on the day he became Labour leader on July 21, 1994

Exactly 20 years ago, a new star burst into the British political firmament.

When Tony Blair became Labour leader on July 21, 1994, his advent was widely seen as the beginning of a bright new era in British politics.

Here was a young, fresh moderniser, untainted by association with the past, who would surely drag his party — and his country — into the 21st century.

Today, we all know what happened to those optimistic expectations.

Two decades on, Mr Blair’s star could hardly have plunged to lower depths. His story has become perhaps the ultimate political morality tale, and far from being remembered as a symbol of youthful innocence, he now seems the incarnation of spin, sleaze and naked self-interest.

Of course, the journey from saviour to scapegoat is one of the most familiar political trajectories of all. However, the extraordinary thing about Tony Blair’s 20-year odyssey is that it has been so drastic and so complete.

Thanks to the endless corruption scandals, the cash for peerages row, the wars in Iraq and Afghanistan and the shameless pursuit of post-premiership wealth, his image is now so tarnished that it takes real effort to recall the atmosphere in July 1994, when he was elected to succeed the late John Smith as leader of the Labour Party.

After 15 years in power, the Tories were reeling from crisis to crisis. Thanks to the debacle of Black Wednesday in 1992, when Britain had been forced into a humiliating withdrawal from Europe’s Exchange Rate Mechanism, John Major’s government was sinking fast.

And so, even though there were three years to go until the General Election, Mr Blair’s ascent to the premiership seemed inevitable from the moment his party anointed him.

Never in living memory had any Opposition leader enjoyed such a honeymoon.

Polls gave Labour an unassailable lead, and Mr Blair’s personality cult — which, in retrospect, seems not just absurd but positively creepy — reached unprecedented heights.

Re-reading his first speech as leader on that July day two decades ago, it’s easy to see why so many people were taken in.

Right from the start, Mr Blair was a brilliant communicator, who said precisely what he knew people wanted to hear.

He promised to ‘lift the spirit of the nation’. He said it was wrong that we were spending ‘billions of pounds keeping able-bodied people idle’, and wrong that we were ‘wasting hundreds of millions of pounds on bureaucrats and accountants in the NHS’.

He promised to crack down on drugs and crime, to give all children the educational chances they deserved, and to get rid of the ‘quango state’.


Of course, talk is cheap. But when he became Prime Minister three years later, Tony Blair had probably the best inheritance of any new government in the 20th century.

Not only was the economy buoyant, but the Thatcher governments of the Eighties had taken most of the difficult decisions for him. There was no need to confront the unions, the IRA or the Soviet Union — all had effectively been beaten.


What an opportunity! What an historic chance to prepare Britain for the competitive global marketplace of the 21st century: to reform our welfare and education systems, to revive our manufacturing base, to rebuild our infrastructure, to reinvigorate our democracy!


Tony Blair poses with wife Cherie and children (left to right) Nicky, Kathryn and Euan outside 10 Downing Street after Labour's landslide victory in the 1997 General Election. When he became Prime Minister, Blair had probably the best inheritance of any new government in the 20th century
Tony Blair poses with wife Cherie and children (left to right) Nicky, Kathryn and Euan outside 10 Downing Street after Labour's landslide victory in the 1997 General Election. When he became Prime Minister, Blair had probably the best inheritance of any new government in the 20th century

The new administration could, for instance, have invested heavily in apprenticeships, which would have slashed welfare bills and reinvigorated manufacturing industry in declining areas such as the West Midlands and the North-East. Instead, Mr Blair merely shifted hundreds of thousands of people on to disability benefit, costing the taxpayer a staggering £7 billion a year by the time he left office in 2007.

And instead of rebalancing our economy away from the South-East, Mr Blair bet the house on the City of London, leaving us with a wretchedly lopsided economy that was all too vulnerable to the global financial crisis that struck a few months after his retirement.

Looking back, in fact, the real story of the Blair years was one of shattering disappointment.

Mr Blair’s first term, as even he admitted in his execrable memoir A Journey, was sacrificed to the pursuit of short-term headlines. His second was consumed in the disastrous blunder of invading Iraq; his third was cut short by the endless feuding with his former comrade Gordon Brown.

One by one, the promises made in that first speech in 1994 were systematically broken. Far from being cut, for example, NHS bureaucracy ballooned as Whitehall imposed a new regime of rigid targets. Between 1999 and 2009, the number of NHS managers increased by an amazing 82 per cent.

As for scrapping the quango state, forget it. In ten years under Tony Blair, there was a 41 per cent increase in the number of quangos, which by then cost the taxpayer £124 billion a year.


Mr Blair’s first term, as even he admitted in his execrable memoir A Journey, was sacrificed to the pursuit of short-term headlines. His second was consumed in the disastrous blunder of invading Iraq; his third was cut short by the endless feuding with his former comrade Gordon Brown
But the deeper roots of this failure went back to the New Labour culture that Mr Blair established immediately upon becoming leader in 1994.

Right from the start, he and his henchmen, notably the bullying Alastair Campbell, encouraged a culture of shameless mendacity and obsessive control-freakery.

In power, these tendencies became exaggerated. Cabinet government gave way to sofa government and television showmanship took precedence over parliamentary democracy.

The economy, buoyed by the unsustainable expansion of personal credit, was still booming, while the Tories were having something of a mid-life crisis, so Mr Blair coasted to victory in election after election. All the time, however, spin and sleaze were eating away at the pillars of British public life.

The fact that Mr Blair himself was largely responsible is surely not in doubt. Today, some of his former admirers believe that he literally went mad. The former Labour Foreign Secretary, Lord Owen (an ex-doctor), has diagnosed narcissistic personality disorder, while the novelist Robert Harris, who used to play tennis with Blair, believes that he suffers from a ‘messiah complex’.

My own view is rather different. I don’t think Mr Blair went mad. I think he remains what he always was: a narcissistic, preening showman, the lead singer of a college rock band who modelled himself on Mick Jagger, craved the approval of the crowd and came to believe his own publicity.

He belongs, I think, to a long and dishonourable political tradition: the posturing populist who puts his own interests before those of the nation, like those great mountebanks Benjamin Disraeli and David Lloyd George — both of whom, like Mr Blair, built well-deserved reputations for egotism and avarice.

The tragedy, though, is that Tony Blair did much more damage. Many of the ills of contemporary Britain, not least the parlous state of British manufacturing and our over-dependence on the casino capitalism of the City of London, can be laid directly at his door.

And that is before you even begin to contemplate the festering sores of Iraq and Afghanistan, which did terrible damage to our reputation abroad.



Mr Blair shakes hands with former U.S. President George W. Bush in the Rose Garden of the White House in April 2004 after meeting in the Oval Office to discuss the war in Iraq

Of course you cannot blame Mr Blair alone for the current state of Iraq, divided, bomb-scarred and, thanks to the advance of Islamic militancy, lurching towards cataclysmic partition.

But because of his reckless folly in invading without bothering to lay the foundations for the future, he bears a considerable share of the responsibility, and any decent man would surely hang his head in sorrow and repentance.

Perhaps above all, though, Mr Blair dealt a terrible blow to the reputation of politics itself.

Of course, there had been plenty of dissembling, evasive, even mendacious politicians before, but never had there been one so determined to bend the truth to his own ends.

Even during the late Nineties, when Mr Blair was accused of twisting his policies after getting a big donation from the Formula One tycoon Bernie Ecclestone, there was a sense of growing public disquiet about his honesty — or lack of it.

But the war in Iraq was a disaster for the image of public life in this country.

Millions of people, horrified by the allegations that the government had ‘sexed up’ an intelligence dossier on the case for war, concluded that government ministers — indeed, all politicians — were inherently untrustworthy.

Of course you cannot blame Mr Blair alone for the current state of Iraq, divided, bomb-scarred and, thanks to the advance of Islamic militancy, lurching towards cataclysmic partition. But because of his reckless folly in invading without bothering to lay the foundations for the future, he bears a considerable share of the responsibility, and any decent man would surely hang his head in sorrow and repentance.
If our politicians could lie to get us into a war, the thinking went, then why should we believe them about anything else?

As a result, I think Mr Blair did more than anybody else in modern British history to destroy the relationship between the governors and the governed. By his final term, even his own closest colleague, who had long since become his most bitter rival, simply no longer trusted a word he said.

‘There is nothing that you could say to me now,’ Gordon Brown, frustrated at his old friend’s refusal to step aside, told Blair after the 2005 election, ‘that I would ever believe.’

Little wonder, then, that Mr Blair’s reputation inside his own party remains at rock bottom, or that he is rarely invited back to address Labour conferences.

In fairness, with his orange tan and mid-Atlantic accent, he would surely strike a weirdly exotic note at the gathering of the comrades.

Many Labour members now argue that, far from realising the ideals of socialism, championing the underdog and sticking up for ordinary working-class Britons, Mr Blair simply used their party to propel himself into power and line his own pockets.

I can’t say I blame them. Indeed, I wonder what ordinary Labour activists in Sedgefield, Mr Blair’s old working-class constituency in County Durham, now make of his globe-trotting, money- grubbing antics.

The astonishing thing, though, is that far from slinking into obscurity, Mr Blair continues to court the limelight.

Only last month, after Ukip’s sensational showing in the European and local elections, he took it upon himself to lecture the British people about the joys of the European Union.

He is evidently oblivious to the fact that whenever he speaks out in support of something (such as, say, plunging into a new Middle Eastern adventure in Syria, as he urged last year), he makes it far more likely that voters will recoil in horror.

Given that most senior figures in the Labour Party seem to be trying to forget that he ever existed, you might have expected him to retreat into the shadows, following the example of his predecessor, Sir Anthony Eden, after the debacle of the Suez Crisis in 1956.

Instead, in an apparent bid to prove that he lacks an iota of shame, irony or self-knowledge, Mr Blair decided that it was his mission to bring peace to the Middle East. Well, given that Israel and the Palestinians have spent the past week firing rockets at each other, we all know how that worked out.

On top of that, Mr Blair has spent the past seven years whoring himself around the world. He is now worth an estimated £30 million — although he insisted this week the figure was nearer £20 million — having been said to have taken £125,000 from the Chinese for a single speech on philanthropy, as well as a reported $13 million from Kazakhstan’s autocratic president Nursultan Nazarbayev in return for unspecified ‘advice’. Blair denied making any personal profit.


Demonstrators protest outside the Queen Elizabeth Conference Centre in London where former prime minister Tony Blair give evidence to the Iraq Chilcott Inquiry

His other clients, by the way, include the repressive, super-rich regimes in Kuwait and Qatar, and the vastly wealthy China Investment Corporation. I can barely bring myself to imagine what the high-minded men and women who founded the Labour Party would make of it.

Of course, other former prime ministers have worked the lecture circuit, but none has ever done so with such single-minded determination to line his pockets, and none has ever prostituted the dignity of the British premiership with such reckless, self-interested amorality.

Even many of Mr Blair’s closest political colleagues have been shocked by his naked greed for money.

‘There is no question,’ admitted his former Home Secretary, Charles Clarke, this month, ‘that he has damaged his reputation. The money . . .some of his contacts . . . some aspects of the way he’s spent his life have damaged his reputation.’

For my part, I often think of our former Prime Minister as a cross between Mr Toad and Arthur Daley: shameless, unrepentant endlessly touting his shop-soiled wares, impervious to criticism.

The veteran Tory MP Sir Peter Tapsell recently suggested that, in the light of the bloody chaos in Iraq, Mr Blair ought to be impeached and put on trial before the House of Lords.

Entertaining as the prospect sounds, it strikes me as a little unlikely. Where Mr Blair’s story will end, though, is anybody’s guess.

His little band of partisans dwindles by the year; if he carries on at the current rate, he will be friendless by the end of the decade.

It is true that political reputations tend to wax and wane. But never, I think, has any former prime minister’s star sunk quite so low — especially when you consider the gushing, almost adolescent adulation that greeted Mr Blair’s elevation as Labour leader.

Perhaps the supreme irony is that, right from the start, Tony Blair governed with a keen eye on the history books. ‘A day like today is not a day for soundbites,’ he famously said on the signing of the Good Friday Agreement, ‘but I feel the hand of history upon our shoulders.’

But now, 20 years after he first seized the attention of the British public, it seems certain that history’s verdict will be withering. Indeed, perhaps never in our modern history has so much potential been so tragically wasted.

In the past two decades, Mr Blair has done dreadful damage not just to public life in this country, but to his own reputation.

The only thing that has not suffered, of course, is his bank balance. And that, I think, says it all.

ExecLine - 26 Jul 2014 12:53 - 44336 of 81564

And that is why we won't vote New Labour in again.

At least Cameron, Osborne & Co are on track for putting things pretty much back on the right track.

And 'God help us!' if we were to ever get a New Labour/Liberal Democrat coalition government.

goldfinger - 26 Jul 2014 13:09 - 44337 of 81564

LATEST POLL PROJECTION 26/07/2014

44 Labour Seat Majority.


UKPR POLLING AVERAGE
32 36 8

LAB 36%

CON 32%

LIB/DEM 8

goldfinger - 26 Jul 2014 13:12 - 44338 of 81564

Exclusive: Cameron’s Big Society in tatters as charity watchdog launches investigation into claims of Government funding misuse26/july/2014

The organisation was given at least £2.5 million of National Lottery funding and public-sector grants despite having no record of charitable activity
OLIVER WRIGHT Author Biography POLITICAL EDITOR Saturday 26 July 2014

David Cameron’s flagship Big Society Network is being investigated by the Charity Commission over allegations that it misused government funding and made inappropriate payments to its directors – including a Tory donor.

Which Tories have this Public money in their bank accounts?????????????

goldfinger - 26 Jul 2014 14:50 - 44339 of 81564

Read @lisanandy 's letter asking for an investigation into links between the Big Society Network & the Tories here http://press.labour.org.uk/post/92918224654/lisa-nandy-mps-letter-asking-for-an-investigation-into …

goldfinger - 26 Jul 2014 14:52 - 44340 of 81564

Lisa Nandy MP’s letter asking for an investigation into links between the Big Society Network and the Conservatives

Lisa Nandy MP, Labour’s Shadow Minister for Civil Society, has written to Sir Jeremy Heywood asking for an urgent investigation into the links between the Big Society Network, Mr Rose, and the Conservative party.

Below is the text of the letter sent to Sir Jeremy Heywood yesterday, and also the text of the letter that Lisa Nandy MP sent to David Cameron earlier this week in which she expresses concern over the discovery that the Cabinet Office has wasted large sums of Government funding questionable ‘Big Society Network’ projects which ended in failure.

Letter to Sir Jeremy Heywood:

25th July 2014

Dear Sir Jeremy,

I am writing following my letter to the Prime Minister regarding the damning National Audit Office’s report on grants made to the Big Society Network and the Society Network Foundation. I asked how it was possible for the Cabinet Office to break its own rules on the allocation of grants when funding the Society Network Foundation’s programmes and called for a full investigation into allegations that undue pressure was placed on the Big Lottery Fund and others to provide funding for the Big Society Network’s projects.

However since writing to the Prime Minister, it has come to light that the Co-founder and Chairman of the Big Society Network, Mr Martyn Rose, is also a Conservative party donor. According to the Electoral Commission’s records, Mr Rose donated in excess of £50,000 through his company Martyn Rose Limited during the six month period between December 2009 and June 2010.

When Mr Rose’s relationship with the Conservative party is taken into consideration with the serious allegations that the Government was pressuring organisations to fund the Big Society Network’s programmes, it is clear that there are questions to answer. It is a deeply concerning state of affairs.

I would therefore ask if you could urgently investigate the links between the Big Society Network, Mr Rose, and the Conservative party.

I have attached a copy of my letter to the Prime Minister for your information.

Yours sincerely,

Lisa Nandy MP
Shadow Minister for Civil Society



Letter to Prime Minister:

23rd July 2014

Dear Prime Minister,

By now you will have seen the damning National Audit Office report regarding grants made to the Big Society Network and Society Network Foundation.

I hope you were as concerned as I was to discover that the Cabinet Office has wasted large sums of government funding on questionable projects which ended in such failure. It is extraordinary that millions of pounds have been squandered, especially in this current climate where funding is scarce and many charitable organisations are fighting for survival.

I would urge you to set up an immediate investigation into how the Cabinet Office so clearly broke its own rules, and whether undue pressure was put on the Big Lottery to award funding to the Big Society Network and Society Network Foundation. I’m sure you will be keen to ascertain how these two key aspects of your flagship ‘Big Society’ policy could have fallen into such disrepute particularly considering you personally launched the Big Society Network in No. 10 just four years ago. Since NAO’s investigation was published other worrying allegations have come to light that undue pressure was also put on the organisation, NESTA, to provide money to the Big Society Network. Again I urge you to set up an investigation into whether such practices took place at the heart of your Government.

This episode has caused a great deal of concern among the public and the charity sector. I am certain this will damage public confidence in the Government. I would therefore ask for your personal assurances that you will fully commit to finding out how such practices were allowed to take place and I would be grateful for an urgent response to the following questions:

Will there be an investigation into the Cabinet Office’s behaviour that addresses why the Cabinet Office broke its own rules and whether Ministers put undue pressure on the Big Lottery Fund?
Did Ministers put pressure on any other organisations, including NESTA, to fund the Big Society Network or the Society Network Foundation?
Why was the criteria changed to allow organisations that had existed for less than two years to receive funding from the Cabinet Office and will this now be reversed?
Why was a second payment of £98,700 made to the Society Network Foundation in October 2012, despite the fact that the Cabinet Office was aware the project was failing?
Did a Minister authorise the second payment for the Get In project, and on what basis was that decision taken?
Why didn’t the Cabinet Office investigate how its initial payment to the Society Network Foundation for the Get In project had been spent, and why was no account taken of the fact that – at the time the second payment was made – the project was in surplus of £60,800?
What steps is the Government taking to recover the £119,900 of taxpayers’ money it has wasted through the Get In project?
Yours sincerely,


Lisa Nandy MP

Shadow Minister for Civil Society

MaxK - 26 Jul 2014 19:28 - 44341 of 81564

Where do they think the money will ultimately come from?




Local councils propose 'Tesco tax' on large supermarkets to raise revenue

Derby city council leads calls for levy of up to 8.5% on large retail outlets, with money to be reinvested in local community


Shane Hickey


theguardian.com, Saturday 26 July 2014 11.26 BST


Local councils have asked the government to give them new powers to tax large supermarkets under a system similar to that already in place in Scotland and Northern Ireland.

A group of 20 local councils have backed what has been dubbed a "Tesco tax" in order to increase revenues which they say would be invested in the local community.

Derby city council has called for the right to impose a levy on large supermarkets, which it says could earn the local authority an estimated £2m a year.

The BBC reports that anorther 19 local authorities are in favour of the tax.



More: http://www.theguardian.com/society/2014/jul/26/local-councils-tesco-tax-large-supermarkets-increase-revenues

goldfinger - 26 Jul 2014 21:53 - 44342 of 81564

Ober Ik heb Eels in mijn soep.

goldfinger - 27 Jul 2014 03:07 - 44343 of 81564

Wheres MAX with is thought for the night??????

Look forward to it.

MaxK - 27 Jul 2014 08:06 - 44344 of 81564

Haystack - 27 Jul 2014 11:09 - 44345 of 81564

Update - Labour lead at 1
by YouGov in Political Trackers and Politics
Sun July 27, 2014 6 a.m. BST

Latest YouGov / Sunday Times results 25th July - Con 35%, Lab 36%, LD 8%, UKIP 13%;

MaxK - 27 Jul 2014 11:41 - 44346 of 81564

What does that poll translate into probable seat numbers?

Haystack - 27 Jul 2014 11:48 - 44347 of 81564

One ahead is probably a small majority for Labour or a hung parliament. The interesting part of the polls is that UKIP are stuck at a level that gives them no seats. If UKIP stays at this level then it will become clear to the public that no MPs is a wasted vote. Many commentators have said that they expect their vote to collapse in the GE. The factor that may decide the election is where will those votes go when they abandon UKIP.

MaxK - 27 Jul 2014 12:14 - 44348 of 81564

Fair enough.

Any idea what 8% will do the limp/dims?

Haystack - 27 Jul 2014 12:37 - 44349 of 81564

The Libs will still do well. It is for the same reasons that UKIP will do badly. The polls are an indication of the country wide average. The figures for UKIP do not give enough support for MPs on average. UKIP have no traditional support in specific seats. They have very little infrastructure in the constituencies. Their party machinery is almost non existent.

The Libs are very well organised at a local level. They have lists of people promising to vote Lib on the day. The local party goes out and reminds those people to vote and even takes them to the polls. I used to do that when I campaigned for them years ago. The Libs have traditional seats and their support is contained in specific seats. They can get large falls in support across the country and lose few seats.

The reason for the above is first past the post system we have. If there was proportional voting then UKIP would get a large number of seats and the Libs would get very few.

There is a precedent for this problem. Their was a breakaway group that left Labour in 1981. They called themselves the SDP (Social Democratic Party). They were hugely popular and fought several elections including one jointly with the Libs. The electoral system in the UK prevented them from getting anywhere. This was even though they started out with several MPs when they left Labour. They finally admitted defeat in 1988 and merged with the Libs, which is why the Liberal Party is now called the Liberal Democratic Party.

Haystack - 27 Jul 2014 13:07 - 44350 of 81564

A depressing stastic for UKIP is that the SDP polled over 50% in late 1981. In the 1983 election the SDP got just 6 MPs.

goldfinger - 27 Jul 2014 15:02 - 44351 of 81564

Max dont listen to that waffle from Hays, he hasnt a clue. From the poll of polls after todays poll Labour will have a majority of 44 seats.

What you do look for and this is key how the marginals are going and last week Ashcrofts poll showed Labour with an increasing 8% lead.

How on earth Hays thinks the UKIP vote is falling whilst the polls show it is standing steady, God knows.

He makes it up as he goes along.

Still 9 months Hays to the GE.

goldfinger - 27 Jul 2014 15:04 - 44352 of 81564

ps, Hays says UKIP wont get a single seat!!!!!!!!!!!! oh yes Hays so what about Nigel himself.

Id say thats a 100% certainty.

Haystack - 27 Jul 2014 15:11 - 44353 of 81564

gf

You are wrong as usual. The web site you get the majority from is

http://ukpollingreport.co.uk/

If you look carefully, you will see that it hasn't been updated since 23 July. It doesn't even show Friday's lead of 3 and not today of 1. Their methodology doesn't take account of of specific seats. It just uses an overall average, which I have shown above is wrong.

goldfinger - 27 Jul 2014 15:12 - 44354 of 81564

1450041_569755536427312_1698223275_n1.jp
Register now or login to post to this thread.