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AIBU?

Can this c u next Tuesday of a government please stop fucking our economy?!

184 replies

Liztrussisuseless · 13/10/2022 14:32

Just that really. Everything bloody crashing including my pension. Please can someone make them see sense?!

OP posts:
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Am I being unreasonable?

225 votes. Final results.

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You are being unreasonable
14%
You are NOT being unreasonable
86%
BirmaBrite · 13/10/2022 19:06

Aren't they going to save 60bn by sacking a load of the civil service ?

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SerendipityJane · 13/10/2022 19:16

no matter which party we voted for, we did NOT vote for this, this was not in their manifesto.

Not quite sure what your point is. Once a party wins an election, there is fuck all that can be done to hold them to their manifesto - either by omission or inclusion. Thems the rules.

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user1471453601 · 13/10/2022 19:19

@Toddlerteaplease

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user1471453601 · 13/10/2022 19:20

@SerendipityJane , a general election???? When did Truss win one of those

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SerendipityJane · 13/10/2022 19:21

user1471453601 · 13/10/2022 19:20

@SerendipityJane , a general election???? When did Truss win one of those

OK, my turn.

Make them.

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Clavinova · 13/10/2022 19:25

They even sacked the Permanent Sec at the Treasury Tom Scholar because he came from 'the blob' who would thwart their genius post-Brexit Singapore on Thames fantasy.

Tom Scholar doesn't get a good reference here;

in his previous post, as Principal Adviser on the EU to Prime Minister Cameron, he was seen as a push-over who failed to stand up for Britain.
He was head of Cameron's negotiating team that tried — and dismally failed — to secure a better deal for Britain from the EU in the run-up to the referendum...
Sir Tom, it emerged, never even asked for any changes to freedom of movement rules...
Sir Tom, significantly, was also one of the architects of Project Fear which was cynically designed to terrify people into voting to stay in the EU.

www.dailymail.co.uk/news/article-4762790/ANDREW-PIERCE-man-pulling-Spreadsheet-Phil-s-strings.html

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Favouritefruits · 13/10/2022 19:28

We need a general election to sort everything out, nobody voted for any of this but of course because the Tories will lose they won’t let anybody go to the polls, I can feel the civil unrest coming, it just a matter of time.

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DuncinToffee · 13/10/2022 19:28

Daily Mail, Andrew Pierce, really Clav, is that all you got?

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Clavinova · 13/10/2022 19:31

All I keep hearing is it's Putins fault and the BOE fault

Lord Wolfson, the chief executive of Next, has also said that his treasurer wrote to the Bank–when it was headed by Mark Carney in 2017–about liability-driven investment strategies. In an interview with the Financial Times, Lord Wolfson said his business rejected advice to invest in LDIs, and warned the Bank that they were a looming “time bomb”.
He said: “We don’t have LDIs. We not only said we wouldn’t do LDIs when we were being sold them by everyone who thought they were a brilliant scheme, we also—our treasurer—wrote to the Bank of England to say that we felt it was destabilising.”

reaction.life/pensions-time-bomb-a-cock-up-by-regulators-created-conditions-for-market-chaos/

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Lonelycrab · 13/10/2022 19:33

Tom Scholar doesn't get a good reference here

Sounds like an arch remainer to meWink

Or maybe a member of the anti growth coalition.

Perhaps he’s got a brain, which excludes him from anything to do with govt now. Shrug.

Either way Clav, reading your posts is like watching the deckchair attendant on the Titanic getting really busyGrin

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Blocked · 13/10/2022 19:39

StJeanDeVence · 13/10/2022 17:43

Yes, even Clav can't 'but Labour' this shitshow.

I saw someone on Twitter saying the markets are collapsing because of the polls
predicting a Labour majority govt at next election Grin

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vera99 · 13/10/2022 19:55

When the Mail's the best you can come up with consider you've royally lost the argument.

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Clavinova · 13/10/2022 19:56

DuncinToffee
Daily Mail, Andrew Pierce, really Clav, is that all you got?

The FT confirms that Tom Scholar was the official who led Cameron's so-called 'new deal' talks in Brussels in early 2016 - and the head of the remain campaign later stated that he thought the economic dangers of Brexit were exaggerated by the Treasury during the referendum - in a strategy that backfired;

www.itv.com/news/2021-06-10/it-was-project-fear-and-it-didnt-work-head-of-remain-campaign-says-economic-dangers-of-brexit-were-exaggerated

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Blossomtoes · 13/10/2022 20:02

Clavinova · 13/10/2022 19:25

They even sacked the Permanent Sec at the Treasury Tom Scholar because he came from 'the blob' who would thwart their genius post-Brexit Singapore on Thames fantasy.

Tom Scholar doesn't get a good reference here;

in his previous post, as Principal Adviser on the EU to Prime Minister Cameron, he was seen as a push-over who failed to stand up for Britain.
He was head of Cameron's negotiating team that tried — and dismally failed — to secure a better deal for Britain from the EU in the run-up to the referendum...
Sir Tom, it emerged, never even asked for any changes to freedom of movement rules...
Sir Tom, significantly, was also one of the architects of Project Fear which was cynically designed to terrify people into voting to stay in the EU.

www.dailymail.co.uk/news/article-4762790/ANDREW-PIERCE-man-pulling-Spreadsheet-Phil-s-strings.html

Tom Scholar was widely regarded as the most talented civil servant of his generation Clav.

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theworldhas · 13/10/2022 20:06

It will never happen (because they benefit from the current stupid system almost as much as the Tories), but I’d love it if Labour brought in full on PR when they win the next election. Can you imagine the fury from the Tory Party, knowing that they will probably never get to rule as a majority government ever again. It would be incredible.

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vera99 · 13/10/2022 20:09

theworldhas · 13/10/2022 20:06

It will never happen (because they benefit from the current stupid system almost as much as the Tories), but I’d love it if Labour brought in full on PR when they win the next election. Can you imagine the fury from the Tory Party, knowing that they will probably never get to rule as a majority government ever again. It would be incredible.

That's my dream as well but it's looking like a Labour landslide and no need to share power.

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theworldhas · 13/10/2022 20:09

In fact probably the greatest gift that a Labour government could give the country would be PR. It would almost guarantee the end of rule of the right in the UK, and the right wing press would also go into meltdown. Another huge consequence would be it would probably put to bed the independence movements in Scotland and Wales for the next century - so anyone who really cares about the Union should probably be in favour.

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DuncinToffee · 13/10/2022 20:10

Clavinova · 13/10/2022 19:56

DuncinToffee
Daily Mail, Andrew Pierce, really Clav, is that all you got?

The FT confirms that Tom Scholar was the official who led Cameron's so-called 'new deal' talks in Brussels in early 2016 - and the head of the remain campaign later stated that he thought the economic dangers of Brexit were exaggerated by the Treasury during the referendum - in a strategy that backfired;

www.itv.com/news/2021-06-10/it-was-project-fear-and-it-didnt-work-head-of-remain-campaign-says-economic-dangers-of-brexit-were-exaggerated

Did you c&p the right article? No mention of Scholar.

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theworldhas · 13/10/2022 20:10

@vera99
of course not share power at this election - according to the current rules of the game they couldn’t even if they wanted to - but I’m thinking of 2030 and beyond.

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vera99 · 13/10/2022 20:17

Giving say Ed Davey (say a minister without portfolio) something would send out the right message and maybe even a Tory or crossbencher Lord. A government of all the talents so to speak. The SNP wouldn't play ball though without an indyref I'm sure.

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Clavinova · 13/10/2022 20:21

Tom Scholar was widely regarded as the most talented civil servant of his generation Clav

Apparently not here;

However, in an article for the Times Lord Agnew, who was a Treasury minister until he resigned in January, says Kwarteng was right to get rid of Scholar. Agnew says:
The removal of Sir Tom Scholar as the lead permanent secretary at the Treasury should be a cause for celebration.
Having worked in his department for nearly two years I saw at first hand the malign influence of the Treasury orthodoxy at play. Whether it was foot-dragging and passive resistance to creating a Treasury office in the north (in Darlington), which he fiercely resisted, or the botched arrangements in the construction of the bounceback loans during the pandemic, all roads led back to him.
It is not surprising to hear cries of dismay at his dismissal from an echo chamber of former mandarins, because that is what they mostly are: a metropolitan elite with their own self-reinforcing prejudices.

www.theguardian.com/politics/live/2022/sep/13/kwasi-kwarteng-treasury-uk-politics-liz-truss-latest-live-news

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FayeGovan · 13/10/2022 20:25

More cut and paste from @Clavinova , more links and more attempts to endorse the government. It doesn't work clav, it just looks like you are regurgitating the same old stuff you've banged on about for years and years here.

Its all looking increasingly desperate....

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vera99 · 13/10/2022 20:31

On another thread, she's admitted to liking Blair for while and could get used to Starmer. The rats are really getting into the lifeboats now.

www.telegraph.co.uk/business/2022/10/13/tory-party-must-put-end-fiscal-soap-opera-people-seriously-hurt/

It is also true that rising rates have afflicted large parts of the world. Few countries can withstand the strain of surging “ex ante” real interest rates for long thanks to the debt legacy left from the QE era. Others will have their ordeal soon enough.
That is why the Government should have been careful. “The transition was always going to be difficult but we have become the poster child of how to make it as difficult as possible,” said Bell.
As a general principle, markets should not dictate policies to elected governments. But first you must get your house in order. Britain is at the mercy of bond vigilantes because it needs constant inflows of foreign capital to stay afloat. It has a current account deficit of 8pc of GDP this quarter and must borrow £4bn a week to fund Government spending.
Huffing and puffing won’t help. The Government must regain global trust. Or it must go.

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Clavinova · 13/10/2022 20:33

FayeGovan

No doubt you were surprised when the Conservatives won the general election in 2019.

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