Do you want to discuss boring politics? (230 Viewers)

[skybluetony176]

Oil for a start is traded in dollars. The weaker the pound the more expensive our fuel will be.

Pretty much everything is traded in dollars. From seeds to metals to frozen concentrated orange juice (the last one is for the film connoisseurs). From the minute you eat your breakfast to the second you switch your lights out before going to bed the exchange rate is effecting our lives.

 

---

[Deleted member 5849]

Cut what?

I can think of at least two things they can cut!

Won't save much, mind you.

 

[Deleted member 5849]

Yep, just waiting for the emails...

It's our fault for just plodding along working and earning money when we should have been derivatives traders, tbf.

 

[Razzle Dazzle Dean Gordon]

Cut what? Not sure they can pull that one again even if they wanted.

They're coming, they can always find 'efficiencies' and have run on a campaign of a small state which basically means slashing swathes of services and the employees that deliver them. We'll also get the 'more with less' condescending horseshit that they're so fond of.

 

[Grendel]

this has been explained to him, he's been at the skol tonight and is looking for an argument

best to just chuckle at him

Oh David I don’t need a thing explaining to me - this was a comment related to me and my circumstances

Skol I mean seriously even you surely could afford more than that. I’m glad to see you are again reverting to the jealous chip on shoulder chap you’ve been trying hard to restrain though

I do have a fixed mortgage on a very low rate - it expires next year sometime and I’m hardly losing sleep dear chap

 

[Ian1779]

And a subsidised bar at the Wheatsheaf?

If it’s good enough for the numerous bars at Westminster it’s good enough for the Wheatsheaf

 

[Grendel]

This isn't tame at all. People have a lot less disposable income now than the ERM days. Wages are stagnant and everything is being ravaged by inflation. A lot of people are going to have a tortuous winter.

Tame, my arse.

I had no disposable income then and ended up in significant negative equity on a very small flat which was a terrible purchase and the monthly payments became 50% of my total income. So actually yeah it was tortious and my disposable income off my main job was negative

 

[wingy]

According to Sky's analysis the effect of the leadership of Lizz Truss has added 2% to the forecast interest expectation for next year .
The mini budget a further 1.25% .

 

[wingy]

I had no disposable income then and ended up in significant negative equity on a very small flat which was a terrible purchase and the monthly payments became 50% of my total income. So actually yeah it was tortious and my disposable income off my main job was negative

According to the same analysis the figure of 6% next year does indeed match the level of 14% back then .

 

[David O'Day]

Oh David I don’t need a thing explaining to me - this was a comment related to me and my circumstances

Skol I mean seriously even you surely could afford more than that. I’m glad to see you are again reverting to the jealous chip on shoulder chap you’ve been trying hard to restrain though

I do have a fixed mortgage on a very low rate - it expires next year sometime and I’m hardly losing sleep dear chap

the fantasist doth protest too much also it seems i'm richer than you matey, I own this house mortgage free

you also need everything explaining about 4 times old boy

 

[David O'Day]

The IMF are interested in the UK economy once again

 

[Sick Boy]

PR works so well. Have you purchased your brown shirt yet? I hope you know the Italian national anthem

It doesn’t only use PR.
She described herself as a big fan of the Tories recently.
I give them 12 months max.
The 1 in 4 of the 60 odd % of the population that voted is pretty shocking though.

 

[skybluetony176]

Trouble T mill

Truss and Kwarteng had row over sterling crisis response, say Whitehall sources | Economic policy | The Guardian

First signs of friction between PM and chancellor emerge as pound falls to historic low after mini-budget

amp.theguardian.com

 

[Grendel]

It doesn’t only use PR.
She described herself as a big fan of the Tories recently.
I give them 12 months max.
The 1 in 4 of the 60 odd % of the population that voted is pretty shocking though.

Didn’t some also vote for a certain 86 year old?

 

[SBT]

Leftist plot. Oh the joys of being in a cult, regardless of reality you can convince yourself it’s everyone else’s fault

Pretty ridiculous, but didn’t you claim yesterday that this whole charade is actually a Tory plot?

 

[skybluetony176]

Pretty ridiculous, but didn’t you claim yesterday that this whole charade is actually a Tory plot?

Well. Given they’re in charge it literally has to be a Tory plot. Old Kamikwasi didn’t wake up on Saturday morning going “shit, I accidentally trashed what’s left of the economy by reading a joke mini budget out in parliament. It was only bants”.

 

[SBT]

Well. Given they’re in charge it literally has to be a Tory plot. Old Kamikwasi didn’t wake up on Saturday morning going “shit, I accidentally trashed what’s left of the economy by reading a joke mini budget out in parliament. It was only bants”.

I mean, I think they have some pretty dumb beliefs about how to run an economy, and they’re backfiring quickly.

You appear to think the only explanation for people acting differently from how you would do it is if there’s some kind of evil conspiracy afoot - which ironically puts you in the same category as the Mail, albeit on the other end of the ideological spectrum.

 

[duffer]

Pretty much everything is traded in dollars. From seeds to metals to frozen concentrated orange juice (the last one is for the film connoisseurs). From the minute you eat your breakfast to the second you switch your lights out before going to bed the exchange rate is effecting our lives.

No googling, honest, but I'm going for Trading Places?

Anyway, what are you doing on here, shouldn't you be trading derivatives or setting up an export business overnight to the US to take advantage of Cokehead Kwasi's Cunning Plan.

So many plodders in this country; teachers, and nurses, and doctors and care workers ,and there are even people who drive buses and lorries, and plumbers and bricklayers and the like. Apparently there are literally millions of them, all supported by a mere handful of billionaire landowners and media barons. No wonder we're in such a mess.

 

[duffer]

I mean, I think they have some pretty dumb beliefs about how to run an economy, and they’re backfiring quickly.

You appear to think the only explanation for people acting differently from how you would do it is if there’s some kind of evil conspiracy afoot - which ironically puts you in the same category as the Mail, albeit on the other end of the ideological spectrum.

Except that there's reasonable grounds for suspicion that the people in charge of the country and the economy really are corrupt as well as incompetent.

FCA urged to investigate whether Tory allies shorted pound on insider info

Labour’s Tulip Siddiq calls on City watchdog to determine whether hedge fund billionaires knowingly profited from Kwasi Kwarteng’s mini-budget

www.theguardian.com

And it's been going on for a good while...

The Tory party is so dependent on big money it now represents only a tiny elite | Peter Geoghegan

Smaller donors have retreated – and ultra-rich, pro-Brexiters have stepped in, says writer Peter Geoghegan

www.theguardian.com

Revealed: The secret cash that put Boris Johnson in Number 10

Cash from secretive Tory groups and anonymous donors played a critical role in demolishing Labour’s ‘red wall’ of northern seats, the key strategy that won the election for Boris Johnson.

www.opendemocracy.net

There's so much around this that I'd probably bore you if I went on and on about it, but this isn't a conspiracy theory, the evidence is right in front of you...

Has Liz Truss handed power over to the extreme neoliberal thinktanks? | George Monbiot

The prime minister is in hock to rightwing lobbyists who are themselves indebted to oligarchs and corporations, says Guardian columnist George Monbiot

www.theguardian.com

 

[SBT]

Except that there's reasonable grounds for suspicion that the people in charge of the country and the economy really are corrupt as well as incompetent.

FCA urged to investigate whether Tory allies shorted pound on insider info

Labour’s Tulip Siddiq calls on City watchdog to determine whether hedge fund billionaires knowingly profited from Kwasi Kwarteng’s mini-budget

www.theguardian.com

And it's been going on for a good while...

The Tory party is so dependent on big money it now represents only a tiny elite | Peter Geoghegan

Smaller donors have retreated – and ultra-rich, pro-Brexiters have stepped in, says writer Peter Geoghegan

www.theguardian.com

Revealed: The secret cash that put Boris Johnson in Number 10

Cash from secretive Tory groups and anonymous donors played a critical role in demolishing Labour’s ‘red wall’ of northern seats, the key strategy that won the election for Boris Johnson.

www.opendemocracy.net

There's so much around this that I'd probably bore you if I went on and on about it, but this isn't a conspiracy theory, the evidence is right in front of you...

Has Liz Truss handed power over to the extreme neoliberal thinktanks? | George Monbiot

The prime minister is in hock to rightwing lobbyists who are themselves indebted to oligarchs and corporations, says Guardian columnist George Monbiot

www.theguardian.com

Investors getting advance intel on a budget and making money off it is, of course, extremely believable. I’m talking about people on here who claim that Kwarteng and Truss’ entire budget strategy is just a ruse, and part of some personal get-rich-quick scheme.

It’s a fun story to tell yourself, and a convenient way to explain the actions of people who are seemingly on another planet to you, but the reality is a lot more dangerous - they actually believe this stuff.

 

[skybluetony176]

I mean, I think they have some pretty dumb beliefs about how to run an economy, and they’re backfiring quickly.

You appear to think the only explanation for people acting differently from how you would do it is if there’s some kind of evil conspiracy afoot - which ironically puts you in the same category as the Mail, albeit on the other end of the ideological spectrum.

Well the person I was centring the “plot” around went on the record today saying that they found the budget “very useful”. They’re not even pretending.

 

[duffer]

Investors getting advance intel on a budget and making money off it is, of course, extremely believable. I’m talking about people on here who claim that Kwarteng and Truss’ entire budget strategy is just a ruse, and part of some personal get-rich-quick scheme.

It’s a fun story to tell yourself, and a convenient way to explain the actions of people who are seemingly on another planet to you, but the reality is a lot more dangerous - they actually believe this stuff.

It's quite possibly both, SBT, but the amount of influence that shady money has on the Tory party, and how it can be seen to benefit both those making the policies and those donating to the party, should point you towards genuine corruption as a motive too.

Ignoring that possibility in the face of all of the evidence seems a bit daft to me. It's not a fun story about faked moon landings, it's a deadly serious concern that anyone with a belief in democracy should worry about.

 

[skybluetony176]

Investors getting advance intel on a budget and making money off it is, of course, extremely believable. I’m talking about people on here who claim that Kwarteng and Truss’ entire budget strategy is just a ruse, and part of some personal get-rich-quick scheme.

It’s a fun story to tell yourself, and a convenient way to explain the actions of people who are seemingly on another planet to you, but the reality is a lot more dangerous - they actually believe this stuff.

It’s not a get rich scheme for them. Certain people have bankrolled them to what they want, power, they’re now getting paid back.

 

[skybluetony176]

So much for the IMF not stepping in. This is surely the first step

 

[SBAndy]

I don’t think the IMF are knocking on the door yet

Barely 24 hours. Impressive.

 

[skybluetony176]

Barely 24 hours. Impressive.

Don’t worry, we hold all the cards.

 

[Liquid Gold]

I had no disposable income then and ended up in significant negative equity on a very small flat which was a terrible purchase and the monthly payments became 50% of my total income. So actually yeah it was tortious and my disposable income off my main job was negative

Now imagine that 50% of your total income was being spent on rent instead of something you own and that's what millions of people are dealing with today.

 

[robbiekeane]

I do have a fixed mortgage on a very low rate - it expires next year sometime and I’m hardly losing sleep dear chap

Then you're a bit stuffed next year no

 

[Brighton Sky Blue]

Don’t worry, we hold all the cards.

Monopoly cards perhaps

 

[duffer]

Can we still be called 'the sick man of Europe', or has Brexit done for that too?

 

[JAM See]

Can we still be called 'the sick man of Europe', or has Brexit done for that too?

Very pithy, but the UK is still, and always will be, part of Europe.

I'm not widely traveled, but having been to the USA and a couple of countries in both Asia and Africa, I definitely feel European (rather than British) when I go abroad.

There's a European 'vibe' amongst the travelers I've met on other continents.

To paraphrase that famous Australian

"They can take away our freedom (of movement), but they cannot take our affinity"

 

[Otis]

Then you're a bit stuffed next year no

Nope. He will just sack a couple of butlers.

 

[Otis]

Whilst twirling his handlebar moustache.

 

[robbiekeane]

I’m against someone burgling someone’s house in Shetland and then burning it down . Whatever sympathy I have I wouldn’t be paying to build the house again

“I’m alright jack”

Truly classless

 

[Brighton Sky Blue]

IMF openly criticises UK government tax plans

The UK government proposals will work at "cross purposes" with the cost-of-living fight, the IMF says.

www.bbc.co.uk