Surely Kwasi Kwarteng should get sacked

[mintywinter]

Given the disastrous situation and the fact that something needs to be done, surely Kwasi can't hold on to his job?

Oh, and we are also on the verge of a nuclear war

Taking everything on board that is said here - from an financial view point - I think war isn't that bad.
Historically, wars last a few years, not decades and the financial & economic cogs will be re-set...
(Not nuclear, as that's just total destruction without recovery!)

This is not a sensible person.

What we need is an election. This situation is ridiculous.

That would be awful though - look at the immense suffering in Ukraine, for children too : (

Was waiting for this. Can you give me you're economic analysis of why he is wrong?

Maybe when the rebels in their own party start voting against them they will do something. Quite a few have said that they will vote against them even if they lose the whip.

We never recovered from 08

Voting to undo a 45bn tax cut budget will fix the global economy.

Printing 100bn for an energy cap, printing 400bn for CoVid, that all fine.

People are deluded...

I hope you all know how to grow food.

That's why I said from a financial view point.
Nobody in their right mind would want any kind of war.
I do think however, that we are close to a similar crash as back in 1929....

I don't think a GE would mitigate the impact, the UK has no real political intelligence left thanks to Cameron and Corbin (not knowing a better wording).

So who realistically could replace the current Muppets without being one themselves?

I’m not a Tory but Rishi would have done a better job than KK.

It will have to be Starmer now. I don’t think the Tories will get away with another leadership change.

'Mon now with the affair rumours! The extramarital affair between Liz Truss and Frank Field is public domain and has been for over a decade; they've admitted it and Truss was apparently cited in Field's divorce proceedings. The rest is gossip. There's plenty of actual facts to criticise Truss and Kwartung about without being silly.

During the selection process for South West Norfolk prior to the 2010 general election, Truss was almost disqualified because her 2004-2005 affair with Field had become public knowledge. (Field, of course, was not challenged in this way and was reselected and reelected to his seat). Truss and her husband stayed together and worked through it and went on to have two children together (they've both spoken about it on the record).

Both David Cameron as Conservative Party Leader and then-Shadow Women's Secretary Baroness Morris had to intervene on Truss's behalf, pointing out the double standard as having had well-publicised extramarial affairs was not considered disqualifying for male MPs of any party and had not been for some time. In fact, Tony Blair once famously asked his Foreign Secretary Robin Cook to "take care of the problem" when the press sensationally broke the story of Cook's extramarital affair with his office manager while he was out of the country on official business. Cook "solved the problem" by whipping out his mobile on the tarmac at Heathrow and calling his wife and announcing he wanted a divorce. Lads, eh? That was in 1998.

Anyway, Truss went on to win her seat and joined the HoC at the same time as Kwertung, who was a partner of (divorced) former Home Secretary Amber Rudd. He married Harriet Edwards in 2019; they had a child together in 2021. It's no secret that Kwartung and Truss are friends and long-term political allies but I imagine if they were stupid enough to have had an affair - which would have to have been AFTER the whole Field/deselection debacle, the press would have dug up something substantive by now.

When Truss threw him under the bus just before her U turn, it was pretty obvious his days were numbered. Unless the economy takes a reasonable turn for the better in the near future he's likely to be the lucky person who gets to take the blame.

Mark not Frank Field. FF is 80.

petition.parliament.uk/petitions/619781

@Notlabeled
This is all over the globe and not confined to our own shower of shit in the commons. Voting will not fix this. Starmer won't fix this. We have nothing but years of relentless misery and poverty ahead and there is not a thing we can do about it

It is NOT a global problem, its a specific UK problem, caused solely by the Tories - Truss and Kwarteng.

We were flat lining national debt until his crazy budget, Gilt yields (govt debt interest rates) are running 50 to 100% higher than many comparable countries, investors don't want to risk buying 10 and 30 years gilts, even index linked ones.

France 10yr is 2.9% UK is 4.5% and has double the default risk of France, even though France has a higher national debt.

Now our pension pots are at risk, Truss sending out ReesMogg to reassure us FFS.

This is not happening in other G7 economies.

Sure we are all heading for a global recession but the UK is heading for a depression.

Unfortunately we ve another 2 years of her, even if she sacrifices KK

I also wanted Sunak too, as a Labour party supporter i knew Truss would be good for the opposition but its even more important that the countries finances are sound.

I think the best option would be a government of national unity, bring together the best of all parties and find a way through this shit, turf out the loonies then hold a GE when everything stabilises.

And never let Tory membership choose the PM again.

After this the Tories are finished, definitely for a generation, hopefully forever.

I did wonder if I'd missed something...

I don’t know what’s left to use but I’d be damned and bring Sunak in, no contest just immediate

Rethink party membership votes

And write off next GE but at least he’d have a better head for it

Although he might not even want to inherit the mess now

After this the Tories are finished, definitely for a generation, hopefully forever.

I bet they won't be.
One thing I've noticed about the Tories, they seem to get elected by promising to fix all the things they broke last time. And the voters nod along, never pointing out that were only in this mess because of the Tories.

And this reputation they seem to have for fiscal responsibility, is there any actual evidence for it? I'm 50, not a Labour voter since the Iraq war, but things always seemed to work better under Labour, am I right?

I agree a caretaker manager seems the only option, at some point country has to come before party.

Well I dont want Labour right now.

Cos the amount of crap that is the fall out is going to take months.

Better to have Labour in at the worst point so they can try and fix the crap.

Labour will just get the blame for the Tories policies if they are in power too early.

I know what you mean but I think we need to add that Coffey looks and acts like the teacher in a primary school that your are praying your child doesn't get. My kids almost always ended up with that teacher for a year and it was always hell.

I totally agree.

As a labour supporter we knew Truss would be a gift but even I while on one hand want the Tories to fail the country is more important. I want someone in charge who can sort this out and I don't care if it's Sunak or Starmer.

I have soem respect for Sunak when during the leadership voting he said he wasn't prepared to lie about his plans for the economy to win the election. That he had principles and would stick by them and if that meant he lost then he would lose. And he did. But he could see what a shit show tax cuts would be.