Off Topic The "Discuss Anything Else" Thread

Going to see what old tory loving QM has to say about the crisis in british banking , basket case was the word used in new york , rep,aces italy as the fruit cake economy .
Brexit , the gift that keeps on giving .......

 

Socialist Sunak was the one that raised the taxes in the first place so he certainly could not have done a U-turn and promised Tory tax cuts if he became leader. I am sure somebody can remember what Sunak promised to stop people’s energy bills going through the roof in August. No, you cannot, because he never made any commitments. His whole campaign was a negative “pick me not her” as he knew from the polling of party members that he was not going to win as the Tories never elect the person who knifed the previous leader in the back.

The Establishment at the Treasury would have loved to have kept status quo Sunak. The days of ‘free’ money are over. Interest rates have to rise and really Truss should have got rid of the governor of the Bank of England because he has been complicit in creating the current mess and has been too weak in reacting to events in the last couple of weeks.

Kwarteng has handled his announcements very poorly, driven more by ideological requirements than any fiscal sense – Truss promised to reverse tax rises and had to be seen to be delivering quickly even though the actual tax cuts are not happening yet. He could have just announced the energy price cap as it was needed immediately and then done the tax cuts in an Autumn statement at the end of October. In the 2021 statement, Sunak committed to the fantasies of Zero Carbon by 2030 and “levelling up”. The OBR prediction that the economy would return to pre-Covid levels before the end of the year has maintained their record for inaccurate forecasts.

 

A good assessment of the situation the last governor of the BoE was a self confessed Marxist and this one with his socialist leanings isn’t much better. Remember you’ll own nothing but be happy.

 

For “old tory loving” read “useless Leftie hating”. The Left never have any sensible economic answer for anything, as may well be proven in 2024 if unelectable Starmer gets into No 10 because Tory voters stay at home. The crackpots at the Official Raving Loony Party will get torn to shreds by the markets.

Where is the “crisis in british banking”? You should have quoted the IMF in Washington. They contradicted themselves twice in a week and their forecasts are legendary for their inaccuracy. Remember that recession that they predicted in 2016 if we voted to leave the EU? French crooked politician Christine Lagarde was in charge then.

Amazing how everything is blamed on Brexit by those who know nothing. It is difficult to see what this has got to do with Brexit but those that are desperate to be part of a failing United States of France could always just move there. Strangely, very few of them did choose the wonderful EU after 2016 and they make hardly any comment on the dire straits that Europe faces with Germany heading for recession and nobody around to service the debt mountain that the ECB has accrued – will bank chief Christine Lagarde be blaming that on Brexit?

 

A beginners’ guide to Leftie economics (by example):

Hull City Council was run by the Official Raving Loony Party until May when the Illiberal Undemocrats took control by winning a couple of council seats. There are no Tories to blame as there are only Lefties in ‘Ull, desperate for the Nanny State to do everything for them and turnout for local elections is chronically low.

The Hull Maritime Museum is currently closed for a multi-million pound refurbishment that will last until 2025 and produce a world beating new Museum that will be a huge boost for tourism (because ‘Ull is not a dead-end backwater in terminal Leftie decline).

When the project started, money grew on trees at virtually zero interest rates, so the Lefties almost certainly did not bother to put any clauses in the contracts to insure themselves against inflation. So over the next couple of years as costs go up and the project budget overruns, the cost to the council tax payer of the future can be expected to rise.

Of course when the Official Raving Loony Party takes over running the country, the rich will be taxed until the pips squeak and the money will be given to local councils to pay off all their debts and fund new vanity projects because the rich are stupid enough to just sit still and let the Lefties steal their wealth. Once everything has been nationalised, the floods of tourists on frequent virtually free high speed trains will make ‘Ull the tourist capital of Yorkshire, not the place everyone cannot wait to leave on the fastest train.

Why is it that in over 100 years of the Official Raving Loony Party, the party of the working man, it has spent so little time in government? Is it simply because whilst most of the public are stupid they are not that stupid?

 

Oh dear, here we go again, politics on the "Discuss Anything Else" thread. Knew it had to happen in the end, but do wish this section of the forum could keep away from this accursed subject. Biggest bloody global mess I have ever seen, but you'll never stop people discussing it, and, the sad thing is, you'll never change their minds. Have to confess I did enjoy one Truss statement very recently in Parliament, i.e. went something like this "A General Election is the last thing the country needs (or wants?). Oh yeah?

 

Sorry, Swanny. I was only answering the points that were made by two others; and I can claim at least some right to answer one of them as it was clearly targeted at me by direct reference. I will refrain from further political comment here if others do the same. There are several politics threads on the General Chat section of the Forum for those interested and, as you say, it really is shouting in a vacuum. Most of the threads on the GC section are full of rubbish regurgitated off Twitter rather than any actual debate.

 

Thanks for your understanding with my post, QMII, as I thought I had overstepped the mark. Yes, indeed, your were more or less forced into a reply in this instance. Still think it would be appropriate to keep politics away from this section of the horseracing forum. In future though, I'll keep my nose out of it. I can always watch the Parliament channel on my Filmon thing, if I need political 'enjoyment'.

Actually, my better half gets similar enjoyment watching the antics in the German Parliament. I can hear her sometimes in our front room laughing (or cursing) at them for the occasional stupid statements, mostly from the neo-fascist party people (AfD).

 

Ah, politics! The last refuge of the bankrolling idealist.
Send in the clowns; there’ll always be clowns; for sure this year.

 

Sunak vs. Truss? The chuckle brothers would have been a better competition even if one of them is dead.

 

Probably my fault as I brought something up about 2 weeks ago, though it wasn't really about anything specifically political, more about how people are (over) reacting.

 

So , no talk of the absolute wreck the UK becoming due to the tory party , biggest debt ever , the totally undemocratic ushering in of a regime that would not be out of place in a circus show .
Seriously, if we aren't allowed to mention the wrecking of a country, seems a very odd way of censorship.

 

But it would be much much worse under the oppo Rudey

 

You did not overstep the mark. I am sure that it was agreed a couple of years ago during the plague (when there was a plague thread that was deleted because it became toxic) that we would refrain from posting politics on the Horse Racing section of the Forum. That was why I switched to trying to post that stuff on the General Chat section; however, nobody wants to debate but just sling muck – such is politics as political discourse generally has polarised toward the extremes.

So really part of the fault is my own for rising to the bait. If I had ignored the email I get tracking the thread I would have let sleeping dogs lie...

 

I am fascinated by this notion of the “biggest debt ever” as I am sure that whatever measure you are using to come up with this does not actually hold up to any close inspection.

If you want a circus show then look towards Sir Keir Starmer: if he can get up off his knee for long enough to define a woman. I suspect that his definition of woman probably does not hold up to any close inspection as it will include the use of the word penis unlike every credible biology text deposited at the British Library.

 

so the clowns are fighting , she’s just sacked the chancellor for carrying out her plans !
im not interested in smarmer and his cronies , another tory lite tribute act , the here and now is unbeleivable , need a lot of popcorn i reckon .... to

 

She is totally out of her depth. These last few months have surely shown what a total shambles the electoral system is in the UK. We have a prime minister that nobody outside the tory party membership voted for probably would have voted for. Long overdue a complete overhaul of the entire electoral system if you ask me.
People make life choices based on the facts available and then have to face the consequences of a complete idiot being allowed to run the country. We now know what it feels like to be American.