dutchman
Well-Known Member
I believe Britain is peculiar in having variable mortgage rates?
As far as I can tell in most countries the interest rate is fixed for the entire life of the loan.
Do you want to discuss boring politics? (104 Viewers)
- Thread starter mrtrench
- Start date
As far as I can tell in most countries the interest rate is fixed for the entire life of the loan.
dutchman
Well-Known Member
"Reporters repeatedly asked if public money being spent on the energy price cap freeze explains how the government can say that there won't be spending cuts, when belts are expected to be tightened.
Given the size of the intervention in the energy markets, there would still be capacity for significant cuts in some budgets, while allowing the PM to accurately say that government spending overall has increased."
Liz Truss pledges no public spending cuts as she defends mini-budget
The PM defends the mini-budget, saying she "absolutely" plans to stick to her campaign pledge.
www.bbc.co.uk
David O'Day
Well-Known Member
This is really, really bad for the Tories
I think it’s primarily a problem of ideology, not competence. They’re clearly having no problem implementing their policies, it’s just that trading partners/bond markets/pension funds/the electorate all seem to fucking hate them.
Sick Boy
Super Moderator
It’d be a farce and a GE would need to be called - the Tory members have already shown they can’t be trusted to elect someone suitable.
shmmeee
Well-Known Member
Agreed but let’s be honest they aren’t going to VoNC themselves so we’re stuck until the next election or their prospects pick up.
Wouldn’t be surprised if the party changed the rules or it was a stitch up result, so it doesn’t go to members. Think that happened when May won
Agree though that any attempt to change leader again so soon would lead to justifiable calls for a GE. It’s just a shambles
clint van damme
Well-Known Member
As sick boy said, farce if they replace her, but an unmitigated disaster at the next GE if they keep her.
Sky_Blue_Dreamer
Well-Known Member
But it's very different being asked on he doorstep who you'd likely vote for right now to being stood in a polling both with pencil in hand.
I feel quite sure a number of those that gave their intention as Labour if actually put to a vote would vote Tory.
skybluetony176
Well-Known Member
Basically her and Kwasi have done the first step of Britannia unchained. Hopefully they’re out of office before they get chance to take the second one. Like you say it’s an ideology which as you also point out is not about competence. It’s the ideology that’s floored not the application.
Having said that, announcing a budget before seeing the OBR’s report first was pure amateur and carry’s a fair share of the blame for the response to the budget.
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Sick Boy
Super Moderator
Yeah, I expect it'll be a hung parliament with Labour ending up in power.
Sick Boy
Super Moderator
Anyone who hasn't read it should give it a read - that's if they're not too bone idle, of course.
Brighton Sky Blue
Well-Known Member
He can't help himself
www.theguardian.com
Boris Johnson faces questions about whether $150,000 speech broke rules
Anti-corruption watchdog ‘muzzled’ says Labour, asking ex-PM to prove Colorado speech was legitimate
skybluetony176
Well-Known Member
The King is obviously part of the anti growth coalition
Philosoraptor
Well-Known Member
I don't know if she is curtseying or doing a cushioned header back to the goalkeeper.
Elitist hubris .
Intoxicated on the whiff of power.
No doubt thinking they were taking revolutionary steps but dumb as f**k thinking of doing it without oversight .
Sky_Blue_Dreamer
Well-Known Member
I also see the desire to shore up the fossil fuel industry and hamper renewables is still in full swing.
Why would you cap revenues just for green energy and nuclear when at the same time using public funds to prop up the excessive profits of fossil fuel energy? If it's a policy do it across the board. Why just specifically choose those ones? Because their costs aren't rising at the same level as gas costs? hasn't stopped them using it for traditional energy and electric generation up to now has it?
If you believe in the free market why link it to another other form of energy? It goes totally against the whole concept. If they can produce cheaper they can offer the product cheaper. Competition will then develop which will drive prices down. So either they don't believe in that at all, or they're deliberately sabotaging it to protect fossil fuels.
They been totally against taxing those excessive profits of the big energy firms as it's interfering, but it's absolute fine to limit revenues? Even though that revenue may be being done much less profitably or prevent further investment into renewables and wean us off fossil fuels and give us the energy independence they claim to crave.
It absolutely stinks, and yet they've got the balls to claim they care about the environment.
Why would you cap revenues just for green energy and nuclear when at the same time using public funds to prop up the excessive profits of fossil fuel energy? If it's a policy do it across the board. Why just specifically choose those ones? Because their costs aren't rising at the same level as gas costs? hasn't stopped them using it for traditional energy and electric generation up to now has it?
If you believe in the free market why link it to another other form of energy? It goes totally against the whole concept. If they can produce cheaper they can offer the product cheaper. Competition will then develop which will drive prices down. So either they don't believe in that at all, or they're deliberately sabotaging it to protect fossil fuels.
They been totally against taxing those excessive profits of the big energy firms as it's interfering, but it's absolute fine to limit revenues? Even though that revenue may be being done much less profitably or prevent further investment into renewables and wean us off fossil fuels and give us the energy independence they claim to crave.
It absolutely stinks, and yet they've got the balls to claim they care about the environment.
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Brighton Sky Blue
Well-Known Member
They genuinely know less on this than schoolkids
Philosoraptor
Well-Known Member
5 mins of everyone's time, please.
skybluetony176
Well-Known Member
Tee hee hee
skybluetony176
Well-Known Member
F me we’re in a mess
This is why Boris will go down as one of the most unpopular PM’s in history. We’re slowly waking up to the realisation of the consequences of everything that Boris is, what Boris campaigned for and what Boris implemented.
This is why Boris will go down as one of the most unpopular PM’s in history. We’re slowly waking up to the realisation of the consequences of everything that Boris is, what Boris campaigned for and what Boris implemented.
Brighton Sky Blue
Well-Known Member
Said before he was the worst since WW2. Truss is actually running him close already
skybluetony176
Well-Known Member
The big difference I think will be that ultimately Truss ain’t going to be in the job much longer so she won’t get the opportunity to finish implementing Britannia Unchained so will have less opportunity to do more damage keeping her behind Boris in the damage done stakes. She’s giving it a good go to pip him though.
Brighton Sky Blue
Well-Known Member
She can still yet oversee the end of the union
Sick Boy
Super Moderator
If she carries on at this rate, she'll push Scotland over the edge.
Regardless of what GB does, the north of Ireland will just be a matter of time now.
Brighton Sky Blue
Well-Known Member
Yes they should be painting murals of Boris in the Bogside
BodicoteSkyBlue
Well-Known Member
If I was a Tory I think I might consider cutting my loses, ditch Truss call a GE & let Labour inherit all this financial shit,Brexit,war in Ukraine & numerous strikes.
Then dust off the Labour isn’t working posters & wait it out.
Then dust off the Labour isn’t working posters & wait it out.
D
Deleted member 5849
Guest
It's a plan.
As an aside, what's Bodicote and surrounding area like to live in? It all seems quite... posh and expensive, but is there anywhere to avoid?!?
Philosoraptor
Well-Known Member
You know things aren't going well when this is the lead on BBC News.
Changing PM would be disastrously bad idea, says foreign secretary
James Cleverly says Liz Truss will stick to her economic plans despite Tory unrest over her tax cuts.
www.bbc.co.uk
David O'Day
Well-Known Member
Well anyone who isn't an idiot isn't going to keep him in the cabinetYou know things aren't going well when this is the lead on BBC News.
Changing PM would be disastrously bad idea, says foreign secretary
James Cleverly says Liz Truss will stick to her economic plans despite Tory unrest over her tax cuts.www.bbc.co.uk