Page 4 | How dumb are Labour

ohdelay · 2024-10-23T09:47:17+00:00

Just seen this and I swear they keep forgetting they won the election and are in power now [[https://www.bbc.co.uk/news/articles/c62m2pde4p6o https://www.bbc.co.uk/news/articles/c62m2pde4p6o]] The constant gaffes and sixth form debate club politics are very embarrassing. I was ready for change, but fucking hell.

Rummly · 25/10/2024 12:33

Bromptotoo · 25/10/2024 12:25

To be fair Heath chose to call an election on 'who governs Britain'

The country said we're not sure but not you pal....

It may be - in fact I’m sure it is - sentimentality, but I miss Heath and Wilson.

I once read a fascinating piece about their rivalry and how Wilson always felt the lesser man because Heath served in uniform in WWII (Royal Artillery, took part in D-Day) and Wilson didn’t - though he did try to.

Bromptotoo · 25/10/2024 12:25

To be fair Heath chose to call an election on 'who governs Britain'

The country said we're not sure but not you pal....

Rummly · 25/10/2024 12:12

BIossomtoes · 25/10/2024 12:03

Weren’t the power cuts in the 70s - the last ones I can remember - under Heath’s premiership?

Yes. The unions flexed their muscles and helped to force out an elected government. Of course, after their preferred party then got in they just carried on in the belief that they’d get ever more concessions without resistance. Which led to them having to confront, and lose to, Thatcher.

Ah, how history tends to repeat itself.

BIossomtoes · 25/10/2024 12:03

Weren’t the power cuts in the 70s - the last ones I can remember - under Heath’s premiership?

JRSKSSBH · 25/10/2024 10:32

Llttledrummergirl · 24/10/2024 14:11

Did you miss the last 14 years? Johnson, Sunak and bloody hell the lettuce that outlasted Truss.

Get a grip, stop posting bollocks as fact and get used to Britain under Labour- there's another four years at least.

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What I posted isn’t bollocks. I also don't need your advice, thanks. Wait till the power cuts start then we’ll see about another 4 years.

EasternStandard · 25/10/2024 08:50

Zonder · 25/10/2024 07:49

Do you remember when the Tories took praise when the interest rates dropped but when they rose they claimed it was nothing to do with them? It's quite funny, isn't it?

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Are you claiming The Guardian has it wrong?

Or you do accept the yield increase is due to the extra debt?

upinaballoon · 25/10/2024 08:40

When I was taught the proverb it was 'The proof of the pudding is in the eating'. The sentence makes sense.

Sadly, carelessness of listening and repeating seems to have resulted in this becoming a silly sentence - 'The proof will be in the pudding'.
Will it be a treacle pudding? Will the proof be a proof of Pythagoras' theorem or something about E equalling mc squared?

Rummly · 25/10/2024 08:32

Zonder · 25/10/2024 07:34

Actually I disagree. I think posters are chasing a load of something or nothing stories and building them up into false news a lot of the time.

It's a feeble attempt to make it look like this government is anything near as bad as the last one.

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That’s also what Labour supporters did before: no matter how inconsequential some story was, no matter that the Tory government was forced to do something because of world events, whether or not there were unknowns or mitigation, everything it did deserved a fiercely critical thread.

The only consensus I can recall was over Ukraine. Even then I was told that Johnson didn’t make any decisions, it was his officials, supposedly.

Zonder · 25/10/2024 07:49

EasternStandard · 25/10/2024 07:36

What’s ‘false’ about this?

in effect the interest rate – on UK government bonds rose by about six basis points to trade above 4.2% in early trading on Thursday morning before easing, contrasting with a fall in borrowing costs for other comparable countries, including the US.

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Do you remember when the Tories took praise when the interest rates dropped but when they rose they claimed it was nothing to do with them? It's quite funny, isn't it?

EasternStandard · 25/10/2024 07:48

Not sure why people react to a Guardian coverage of a yield increase with ‘it’s false’

MNISLW · 25/10/2024 07:47

Zonder · 25/10/2024 07:45

Ok what I'm saying is I'M NOT ENGAGING WITH YOU. It means this is the last time I respond to you. I probably won't even read posts when I see your name. I'm sure you can work out why.

‘I remember you now’

And I am asking you a very simple question -
from where/how do you claim to remember me?

It should be easy for you to answer.

Zonder · 25/10/2024 07:45

Ok what I'm saying is I'M NOT ENGAGING WITH YOU. It means this is the last time I respond to you. I probably won't even read posts when I see your name. I'm sure you can work out why.

MNISLW · 25/10/2024 07:41

Zonder · 25/10/2024 07:36

Reasonable?
Ah well we shall see. At least she won't do a Truss with this 😆

Hmm I remember you now - not engaging with you again.

Edited

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What are you saying exactly? Please be precise.

Referring to your last sentence.

EasternStandard · 25/10/2024 07:36

Zonder · 25/10/2024 07:34

Actually I disagree. I think posters are chasing a load of something or nothing stories and building them up into false news a lot of the time.

It's a feeble attempt to make it look like this government is anything near as bad as the last one.

Show quote history

What’s ‘false’ about this?

in effect the interest rate – on UK government bonds rose by about six basis points to trade above 4.2% in early trading on Thursday morning before easing, contrasting with a fall in borrowing costs for other comparable countries, including the US.

Zonder · 25/10/2024 07:36

This reply has been deleted

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Reasonable?
Ah well we shall see. At least she won't do a Truss with this 😆

Hmm I remember you now - not engaging with you again.

Zonder · 25/10/2024 07:34

Rummly · 25/10/2024 06:56

I think posters are doing what Labour supporters did for many years: watching the government’s stumbles and blunders with dismay.

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Actually I disagree. I think posters are chasing a load of something or nothing stories and building them up into false news a lot of the time.

It's a feeble attempt to make it look like this government is anything near as bad as the last one.

MNISLW · 25/10/2024 07:28

This reply has been deleted

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MNISLW · 25/10/2024 07:11

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EasternStandard · 25/10/2024 07:02

‘Excitement’ - that tweet posted below is closer with its great ‘pitch rolling’ positive spin

This is what’s happened

The yield – in effect the interest rate – on UK government bonds rose by about six basis points to trade above 4.2% in early trading on Thursday morning before easing, contrasting with a fall in borrowing costs for other comparable countries, including the US.

Who wants to go up?

Rummly · 25/10/2024 06:56

Zonder · 25/10/2024 06:47

Ah so this is where the doom mongers hang out, watching with excitement in the hope that the country stumbles so they can say they were right. Nice.

I think posters are doing what Labour supporters did for many years: watching the government’s stumbles and blunders with dismay.

Zonder · 25/10/2024 06:47

Ah so this is where the doom mongers hang out, watching with excitement in the hope that the country stumbles so they can say they were right. Nice.

MNISLW · 25/10/2024 05:18

PS. I have a Bloomberg terminal, so unlike the Labour apologists who prefer to get their data and analysis from the Guardian the following day, I have the markets live.

I will be sure to be watching them - live.

MNISLW · 25/10/2024 05:15

EasternStandard · 24/10/2024 21:32

It will be expensive considering debt servicing, from the article

The yield – in effect the interest rate – on UK government bonds rose by about six basis points to trade above 4.2% in early trading on Thursday morning before easing, contrasting with a fall in borrowing costs for other comparable countries, including the US.

Correct.

As I have said previously, the bond and FX markets will punish Labour for their nonsense. If UK base and mortgage rates remain higher for longer, so will the electorate.

Reeves’ plans are a simple fudge.

Dumb, dumb, dumb.

Notonthestairs · 24/10/2024 22:20

Of course you are quite correct. There really isn't enough detail to judge. We should withhold judgement.
Proof will be in the pudding - not tomorrow's Op Ed pieces.

EasternStandard · 24/10/2024 22:05

Rummly · 24/10/2024 21:50

Weren’t some posters consistently saying that warnings about budget measures were all “speculation” and that we should wait? Some of us said that Labour were leaking and kite flying, but that was said by the same posters to be groundless.

Now it seems that releasing information is a wily tactic and good politics.

If the differential pensions treatment is confirmed there will be a storm.

Mmm and not sure about bigging up higher cost of borrowing when it’s going down for other countries