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White Steel Member

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Posted: Mon Oct 3rd, 2011 04:14 pm |
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So here's the latest idea at the tory conference - "credit easing" - basically like quantitative easing but buying corporate bonds rather than Government. The money invested into the corporate bonds would finance the companies and they'd have a tradeable value based on the amount released.
Hang on, this means the State printing money to buy what is effectively a share of companies.
The Conservatives have just proposed nationalising the entire economy. Long live Thatcherism!
Last edited on Mon Oct 3rd, 2011 04:15 pm by White Steel
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Billy Bradshaw Administrator

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Posted: Tue Oct 4th, 2011 11:31 am |
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| Most people outside the government realise that you can't just cut all spending. Most of also knew that the private sector was never going to be able to employ the many (mainly) public sector workers who lost their jobs. If the government doesn't help to stimulate the economy, private business will follow suit. I think things will be ok for those lucky enough to keep their jobs, with supermarket price wars etc. But for those who lose them, the worst is yet to come.
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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Cowdrill 606 Veteran

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Posted: Tue Oct 4th, 2011 08:52 pm |
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Yes but on the plus side they are letting people drive faster on the motorways
Which is helpful!
____________________ Dey took er jerbs
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sweetmcdonald Member

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Posted: Wed Oct 5th, 2011 05:01 pm |
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| Unemployment has always been one of the Tories economic levers. Keeps pay rises down (you're lucky to have a job) and supposedly inflation down except privatized utilities just jack up the prices when they feel like it. Supermarkets do the same with petrol (you can't tell me they don't get together and agree what they're going to charge). This 'no pay rise policy' seems only to work on the normal man/woman in the street, the ones feeling the squeeze. The lucky few at the top, the ones who already have more money than they know what to do with have no such restraints placed upon them infact a cut in income tax awaits them when things get a bit better. We are told, well if we don't shower them with cash they will go and live in Singapore (or so other equally unlikely place) and we put-up with it.
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Tweek Guest
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Posted: Thu Oct 6th, 2011 11:20 am |
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| I want to know why a conservative pm is spending 50% of his time supporting gay marriage.Cameron is starting to get on my tits.
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Harry Genshaw Member

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Posted: Wed Oct 12th, 2011 07:31 pm |
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Tweek wrote: I want to know why a conservative pm is spending 50% of his time supporting gay marriage.Cameron is starting to get on my tits.
Cameron is in no danger from the Libs or Labour. The biggest threat to his power is within his own party like the old rabid right wing Tories like Tweek, who dont support gay marriage.
____________________ If my enemy was bigger than my apathy, I could have won
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Tweek Guest
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Posted: Thu Oct 13th, 2011 09:51 pm |
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Harry Genshaw wrote:
Tweek wrote: I want to know why a conservative pm is spending 50% of his time supporting gay marriage.Cameron is starting to get on my tits.
Cameron is in no danger from the Libs or Labour. The biggest threat to his power is within his own party like the old rabid right wing Tories like Tweek, who dont support gay marriage. You got that right fat bald bloke.
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Harry Genshaw Member

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Posted: Fri Oct 14th, 2011 06:07 pm |
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Tweek wrote: Harry Genshaw wrote:
Tweek wrote: I want to know why a conservative pm is spending 50% of his time supporting gay marriage.Cameron is starting to get on my tits.
Cameron is in no danger from the Libs or Labour. The biggest threat to his power is within his own party like the old rabid right wing Tories like Tweek, who dont support gay marriage. You got that right fat bald bloke.
Cheers Homophobe
____________________ If my enemy was bigger than my apathy, I could have won
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Tweek Guest
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Posted: Fri Oct 14th, 2011 06:52 pm |
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Harry Genshaw wrote:
Tweek wrote: Harry Genshaw wrote:
Tweek wrote: I want to know why a conservative pm is spending 50% of his time supporting gay marriage.Cameron is starting to get on my tits.
Cameron is in no danger from the Libs or Labour. The biggest threat to his power is within his own party like the old rabid right wing Tories like Tweek, who dont support gay marriage. You got that right fat bald bloke.
Cheers Homophobe your welcome homophobe.
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Tweek Guest
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Posted: Fri Oct 21st, 2011 11:24 am |
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| Cameron is a weak pussy,not my idea of a strong leader.Sick of him.
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urquhs Guest
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Posted: Fri Oct 21st, 2011 02:28 pm |
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| well like you say, he supports gay marriages, bus does nothing about feckless fathers who pay nothing for their children. Priorities entirely wrong.
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Tweek Guest
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Posted: Fri Oct 21st, 2011 02:55 pm |
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urquhs wrote:
well like you say, he supports gay marriages, bus does nothing about feckless fathers who pay nothing for their children. Priorities entirely wrong. Well urquhs he,s not doing things he said he would but i suppose i shouldn,t be surprised at that they all lie or change their minds once they are in.He is no leader thats for sure.I think he,s cleggs bitch.But i still prefer to gordon clown and labour but then i would.
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urquhs Guest
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Posted: Fri Oct 21st, 2011 09:28 pm |
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| thats right, its all about gerring elected, then its about getting reelected. .
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Tweek Guest
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Posted: Sat Oct 22nd, 2011 11:07 am |
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| Well he is not going the right way to get re elected and i dont see labour in next time so dont quite know how it will all work out.Personally i would want the lib dems gone and a new tory leader one with brass ones. One thing is for sure the lot of them are all lying deceiving scum.
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Cowdrill 606 Veteran

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Posted: Sat Oct 22nd, 2011 12:47 pm |
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Cameron's administration is an overwhelming success so far IMO
They are well on the way to ruining the country and are managing to alienate just about everybody living in it also
This should make the Tories unelectable for about fifty years with any luck
Tories
Wouldn't piss on them - fire or no fire
C*nts to a man
____________________ Dey took er jerbs
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Tweek Guest
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Posted: Sat Oct 22nd, 2011 04:22 pm |
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| How can you ruin something thats already been ruined ffs.
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Billy Bradshaw Administrator

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Posted: Sat Oct 22nd, 2011 04:24 pm |
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Cowdrill wrote: Cameron's administration is an overwhelming success so far IMO
They are well on the way to ruining the country and are managing to alienate just about everybody living in it also
This should make the Tories unelectable for about fifty years with any luck
Tories
Wouldn't piss on them - fire or no fire
C*nts to a man
Abso-fkin-lutely spot on!!
The country chose not to elect them outright and after their record so far, they'll be unelectable come the next election.
Labour wanted to invest in the country. Now, the Tories are doing just that but in bits, so too much attention won't be drawn to it. They have no choice because the country is going down the toilet.
It's funny how all the recent bad economic news from the UK, Europe and the rest of the world is being blamed (by the Tories) on the worldwide recession....something scoffed at BY the Tories at the last election.
I agree with you. With due apologies to anyone suffering because they've lost their jobs or house, the only way I can see the end to this piss-poor government is for the bad news to keep piling up. It could even be that we have an election at the 4 or 4.5 year mark? The Limp Dems will need to reinvent themselves and by forcing an early election, they can claim that they can't go along with the Tory policies any longer. But they'll probably cling on for the full 5 years. they're too intoxicated by the sudden power (well Clegg at leats is, even though he doesn't have a real job) and know they are heading for the political wilderness.
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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Billy Bradshaw Administrator

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Posted: Sat Oct 22nd, 2011 04:25 pm |
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Tweek wrote: How can you ruin something thats already been ruined ffs.
Well you know how (as Bolton fans) we often feel that things can't get much worse.....and then they do? Well that's how!!
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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Tweek Guest
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Posted: Sun Oct 23rd, 2011 12:02 pm |
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| By the way commiserations to gordon and tony on the loss of their good friend col gaddafi
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Billy Bradshaw Administrator

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Posted: Sun Oct 23rd, 2011 12:49 pm |
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Tweek wrote: By the way commiserations to gordon and tony on the loss of their good friend col gaddafi
  
At least this should now mean that Scameron has had his 'Falklands moment' and he shouldn't need to intervene anywhere else. I mean, if he felt the need to go into Libya, then why not other Arab nations where they killed protesters in the street. Bahrain perhaps? Oh, I forgot, he can hardly go into Bahrain when he still had people advising the Bahrian forces just 6 weeks before they killed people on the streets. That would look a little iffy wouldn't it?
Last edited on Sun Oct 23rd, 2011 12:54 pm by Billy Bradshaw
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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urquhs Guest
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Posted: Sun Oct 23rd, 2011 03:22 pm |
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Tweek wrote: Well he is not going the right way to get re elected and i dont see labour in next time so dont quite know how it will all work out.Personally i would want the lib dems gone and a new tory leader one with brass ones. One thing is for sure the lot of them are all lying deceiving scum.
well as more people go on benefits, and as they increase benefits so benefit allows a standard of living and working people and those who dont receive one benefit appart from child benefit that i lose next year get increasingly worse off as we pay for petrol to go to work, and other costs, i am sure there will be a desperate gimmick.. there usually is.
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Harry Genshaw Member

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Posted: Sun Oct 23rd, 2011 03:51 pm |
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Tweek wrote: By the way commiserations to gordon and tony on the loss of their good friend col gaddafi
You're not seriously trying to score a political point against Labour here are you?
EVERY UK govt ever has done deals with all sorts of dodgy characters.
Do I need to remind you who supported Pinochet, who refused to boycott the apartheid regime in South Africa, who sold arms to Saddam Hussein?
They're all bleedin hypocrites
____________________ If my enemy was bigger than my apathy, I could have won
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D1OUFY Member

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Posted: Sun Oct 23rd, 2011 09:04 pm |
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The only problem is we don't know what would have happened if Labour policy had been implemented so it's hard to say who is right or wrong. If we were actually close to economic meltdown (Greece, Italy) then the current situation would probably be preferred. I don't admit to knowing the full facts and I doubt any of us do.
I'm also disappointed with Ed Milliband. I don't think he has been much of an opposition leader yet.
Aside from all the politics its the price rises, particularly in food and fuel, that concerns me for society. These are the very things that are the basics and there will be more and more hard working people worrying about whether they can afford these products. The price of petrol for example is ridiculous given the high number of people potentially losing their jobs, taking pay cuts etc - and yet they are seeing a huge cost just to get to work.
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sweetmcdonald Member

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Posted: Fri Dec 30th, 2011 03:24 pm |
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The thinking behind Osborne's latest cunning plan - "Credit Easing"? He is going to make government’s cheap credit (with its triple A rating) available to the banks (who got us into this mess by selling credit to people that can’t afford to repay it) so that they can extend even more credit with less risk! Basically he is nationalising credit except banks will still get to keep the interest. Brilliant! It would be funny if he wasn't cutting child tax credit to fund the scheme.Last edited on Fri Dec 30th, 2011 03:25 pm by sweetmcdonald
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Billy Bradshaw Administrator

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Posted: Fri Dec 30th, 2011 03:31 pm |
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sweetmcdonald wrote:
The thinking behind Osborne's latest cunning plan - "Credit Easing"? He is going to make government’s cheap credit (with its triple A rating) available to the banks (who got us into this mess by selling credit to people that can’t afford to repay it) so that they can extend even more credit with less risk! Basically he is nationalising credit except banks will still get to keep the interest. Brilliant! It would be funny if he wasn't cutting child tax credit to fund the scheme.
Gideon Osborne shouldn't be let loose with the nation's finances. He hasn't got a clue.
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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Tweek Guest
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Posted: Fri Dec 30th, 2011 03:56 pm |
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Billy Bradshaw wrote:
sweetmcdonald wrote:
The thinking behind Osborne's latest cunning plan - "Credit Easing"? He is going to make government’s cheap credit (with its triple A rating) available to the banks (who got us into this mess by selling credit to people that can’t afford to repay it) so that they can extend even more credit with less risk! Basically he is nationalising credit except banks will still get to keep the interest. Brilliant! It would be funny if he wasn't cutting child tax credit to fund the scheme.
Gideon Osborne shouldn't be let loose with the nation's finances. He hasn't got a clue.   
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sweetmcdonald Member

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Posted: Fri Dec 30th, 2011 04:46 pm |
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| Intellectual response Tweak
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Tweek Guest
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Posted: Fri Dec 30th, 2011 05:46 pm |
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sweetmcdonald wrote:
Intellectual response Tweak ugh er wot oh yeah larry labour said some stuff about the govt and finances osbourne eh oh yeah gordon now he was good  
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Billy Bradshaw Administrator

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Posted: Fri Dec 30th, 2011 07:54 pm |
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sweetmcdonald wrote: Intellectual response Tweak
What do you expect him to say? Even Tweek can't even muster something in his defence, except to have a go at the previous government. So that's what he does. If Osborne had done anything of use, I'm sure Tweek would be shouting it from the rooftops. 
____________________ The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
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