Labour isn't working - Thread 23

[TheNuthatch]

A chat thread for those who don't like this Labour government. 💙

The problem with socialism is that you eventually run out of other people's money.

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Does anyone here work in the City?

I've just been out this evening, not in the City - but I was chatting to a guy who just stopped working there a year or so ago. He got invited to his old work Christmas party. He said that the vibe up there was really strange. Which I presume is something to do with everyone being worried about the situation? He's not retired, he's just doing a different type of job in my area, but he still keeps a very close eye on all the financial stuff that I probably don't even understand.

could be he's picked up on something else, sometimes you do get a vibe that you can't really explain- but I did wonder if any posters here work there.

I have a lot of concern about how much worse things could get if this goes on for three years.

This might explain a Lot..
Professor David Betz Interview

@redange is that a response to my post? Or just a general point? I'm guessing the latter.

I saw him on Triggernometry in the summer - he seemed incredibly nervous and I genuinely couldn't tell if he was just nervous in that podcasting situation, or if he was nervous about what he was saying

Obviously, this one is much more recent so I'll listen tomorrow.

I admire you all for being able to keep up with so many podcasts. That said, I'm not a huge fan of podcasts and I do default to music.

Re Bridget Phillipson blocking EHRC guidelines for women's safeguarding: having seen her deeply nasty attitude towards the "wrong sort" of children whose crime was that their parents paid for their education, I'm entirely unsurprised that she's a fully-paid-up member of the Omnicause in all other regards.

Thanks @redange. I'm glad to have watched that, but it is utterly terrifying.

Treasury borrowing has hit a record high outside the pandemic as government spending continues to climb.

Public sector borrowing in the eight months to November hit £132.3bn, according to the Office for National Statistics, which was £10bn more than last year.

It is the highest ever recorded apart from 2020 when the Treasury paid the wages of millions of people furloughed during the pandemic.

It came as government spending rose by £1.3bn over the period to £83.5bn, with benefits payments rising by £1.5bn to £26.8bn.

I don't understand what BP is hoping to gain from this.

The die hard TRA have long moved on to the Green, and the it's not a vote winner for the general public. Quite the opposite.

Who's fault will it be this time? They're running out of scapegoats.
So much for "fully costed".

Maybe it’s a bone to the unions, Labour have given up on the electorate and vice versa. Idk though.

I do recall Starmer’s pledges to get single sex spaces, all dust and lies.

That borrowing is crazy, maybe they’re just giving up now.

they’ve given up on winning from the centre - the way they’ve governed, it looks to me like both parties are betting on a left vs right caucus, US style. So Labour/SNP/Greens vs Cons/Reform.

that’s why BP is doing that so there are no big policy issues that would prevent that.

its depressing but you can see in the anti private sector governing that when 53 percent of Uk households receive more in benefits than they pay in, they fancy being in power in perpetuity by abandoning the centre.

He's never used 'single sex spaces', it's always been 'safe spaces'. Not the same thing! This is (partly) why I didn't trust them with my vote.

He was so slippery. I remember some posters absolutely adamant he could be trusted on that line, something about reasonable to do it. They were very annoyed anyone suggested he could be lying.

And here we are.

I go to the City to see our brokers etc a couple of times per month - there is definite unease in certain parts of finance, particularly in PB and wealth, coupled with the march of AI.

Some of the tier one banks usually decimate around this time of year, too.

Otherwise, like the rest of us - many of them are hugely exposed to this government, via increased tax, and falling asset values etc.

Politicians in general, and KS in particular, tend to be masters of semantics (IMO).

And to go along with our increase in Government borrowing, we now have confirmation of a drop in retail sales - in the run up to Christmas to crying out loud!

Yet more evidence of the pre-Budget shambles.

https://www.bbc.co.uk/news/articles/c0ed28qlz89o

I don’t trust Starmer ever to tell the truth or be consistent. His record in opposition under Corbyn, then as leader and now as PM is a trail of self-interest and dissembling.

Remember the Lord Alli Covent Garden penthouse nonsense? Hiding behind a child to justify himself! And I never believed a word of the explanation he gave anyway.

He’s not only an incompetent, but a thoroughly unpleasant one. I agree that all politicians are slippery and painfully ambitious, but Starmer is the worst.

Agreed.

Starmer has proven himself to be a barefaced liar.

She;'s stupid.

All the changing rooms I have ever been in have an upper age limit of boys in the womens of about 8 years old.

It's like Labour MPs don't go outside and talk to people. (To quote Penny from the Big Bang theory).

And yes- the 'wrong sort of children'. Mine are the wrong sort of children. The SEN and the intellectually disabled. But scum, completely because we pay for their education.

Interesting about civil war..... There was a facebook meme going around where it asked people on benefits to donate £10 to hard working families for Christmas. I did not even raise a wry smile. I think Labour are leading us into a very dangerous path. Already there is talk about their divisiveness. But if push comes to shove it could become dangerous.

Thanks Strawberry and Emerald for the head up:

I do wonder if during her time at Oxford, whether Bridget Phillipson ever left her 'lodgings' after lectures. Oxford University is supposed to be a place that expands a person knowledge, not just academically but emotionally and socially. I cannot think of another person I know who has such 'black and white' thinking other than people with very limited education, and very little life experiences. Perhaps say a 70 year old who had left school at 15, in a rural area and worked locally as a Laborer. (this is not to denigrate in any way or stereotype) just to state 'how' simple Bridget Phillipson's thinking is.

Obviously, at Oxford University there are a lot of students from Private Schools, especially 20 or so years ago. However, it seems that Bridget Philipson must never have communicated with one never mind socializing or even interacting. It is if she was a Japanese Solider on a Isolated Japanese Island in 1953 being told the 'War had ended' yet a refusal to except. She is adamant about Private Schools as Kim Jong Un is about the US. She must have had a very 'miserable' time as a 19/20 year old at Oxford looking on in at the Black tie Events, in her lodgings with her Pot Noodle and her unwashed 'Socialist' revolutionary comrades. 'What a weirdo' she is ....

DH has sent me this link about the judicial system changes which he said go back to Tony Blair. It's a reel that I've no idea how to share so you'll have to go digging. I've done a screenshot

With the cancellation threats of cancelled elections.

I've mentioned this before but now I'm really worried that the Welsh Senedd elections next May will be scuppered

Starmer must be really panicking to attempt this.

Eluned Morgan and the puppet master Drakeford certainly are.

@Prometheus78 what is PB please? Is it just personal banking? I feel as if I should know this. 😳

@justasking111 that's Steven Barrett isn't it? He's a lawyer.

I've just been chatting with a local guy who also gets labelled a conspiracy theorist. He is saying that the current government is all cock up and no conspiracy.

I'm not convinced. I'm on the fence, I guess. Or am I? I'm not even sure about that 😂 I'm not one of these people who enjoys conspiracy theories by the way.

I thought that chopping footfall would be down before Christmas. I respect that economic progress goes in waves to some extent. But certainly everyone I know didn't see the delayed budget in the same sinister way as I did. The knock on effects were so obvious, the effect before was so obvious, I thought they had done it deliberately.

Sorry @EmeraldRoulette It’s Private Banking.

A significant number of UHNW/HNW individuals have left the UK, as we know, and that’s obviously had a negative impact on wealth management and private banking, in addition to estate planning etc.