The New Government is Borrowing MORE than EVER before!
21 September 2010, 04:57 PM
#31
YOU WHAT!??????????????????????????????
Little history lesson for you here, are you sitting comfortably? Then I will begin ......
Once upon a time when the world entered a deep, deep recession all the lands were terrified. A knight in shining armour sat, alone, at the head of the pass ready to fight tooth and nail for the country he served - that man was Gordon Brown, the One Eyed Knight of the West.
Along rode another knight in rich jewels and trinkets, clearly one of a very wealthy family, Knight Cameron of the Eton round table - he sat above his steed alongside the One Eyed Knight and looked at the coming disaster - the hoards of natives carrying debt and poverty - he, basically **** himself. Knight Cameron declared that we should run away, hide, and do nothing at all .... maybe they will pass by without hurting us?
But the One Eyed Knight stood firm ... and alongside him rode his Darling Knight - alone they stood as the hoards came upon them. They didn't blink, they didn't shiver, they didn't turn into Tory jelly of no substance ........ the Knights from the other Lands under attack saw this brave act and stood alongside the One Eyed Knight and his Darling.
Together they all but defeated the hoards - but the citizens of the One Eyed Knights lands wanted the new Knight Cameron and his Jester Osbourne .. for they promised trinkets and chests of gold .. the people sent the brave One Eyed Knight on his way, despite standing where the Knights of the Eton round table feared to tread.
Very soon the trinkets turned into plastic and the gold was fools gold - the simple people had been had by the wealthy Knight with nothing to lose .. the same Knight who ran and hid with his Jester Osbourne.
The people of the land cried out for the One Eyed Knight to return .. but, he had gone over the hills never to return.
Basically - the TORIES said DO NOTHING!!!!
Labour said LET'S FIGHT!!!!!
End of lesson ......... thanks for watching
Little history lesson for you here, are you sitting comfortably? Then I will begin ......
Once upon a time when the world entered a deep, deep recession all the lands were terrified. A knight in shining armour sat, alone, at the head of the pass ready to fight tooth and nail for the country he served - that man was Gordon Brown, the One Eyed Knight of the West.
Along rode another knight in rich jewels and trinkets, clearly one of a very wealthy family, Knight Cameron of the Eton round table - he sat above his steed alongside the One Eyed Knight and looked at the coming disaster - the hoards of natives carrying debt and poverty - he, basically **** himself. Knight Cameron declared that we should run away, hide, and do nothing at all .... maybe they will pass by without hurting us?
But the One Eyed Knight stood firm ... and alongside him rode his Darling Knight - alone they stood as the hoards came upon them. They didn't blink, they didn't shiver, they didn't turn into Tory jelly of no substance ........ the Knights from the other Lands under attack saw this brave act and stood alongside the One Eyed Knight and his Darling.
Together they all but defeated the hoards - but the citizens of the One Eyed Knights lands wanted the new Knight Cameron and his Jester Osbourne .. for they promised trinkets and chests of gold .. the people sent the brave One Eyed Knight on his way, despite standing where the Knights of the Eton round table feared to tread.
Very soon the trinkets turned into plastic and the gold was fools gold - the simple people had been had by the wealthy Knight with nothing to lose .. the same Knight who ran and hid with his Jester Osbourne.
The people of the land cried out for the One Eyed Knight to return .. but, he had gone over the hills never to return.
Basically - the TORIES said DO NOTHING!!!!
Labour said LET'S FIGHT!!!!!
End of lesson ......... thanks for watching
21 September 2010, 07:39 PM
#37
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This is Labour's legacy 
http://www.telegraph.co.uk/finance/e...-payments.html
At least we have the Tories in power now - they're used to have to clearing up after Labour mis-management, but the mess Labour has left this time is so bad it looks like it will take decades to fully recover from.
http://www.telegraph.co.uk/finance/e...-payments.html
At least we have the Tories in power now - they're used to have to clearing up after Labour mis-management, but the mess Labour has left this time is so bad it looks like it will take decades to fully recover from.
But just to add some balance (which The Telegraph never would seek to do), between 1997 & 2004ish the Labour government made mostly good decisions and had a very decent economic record. Anyone who describes the last government as 13 years of bad economics was either a, not paying attention, or b, so politically bias in their outlook it's pointless debating with them. No doubt the last 6 years wer very poor, with poor spending decision compounded by a lack of proper public sector reform
I support the new government in sorting out the mess wholeheartedly, but let's not keep kidding ourselves that the Tories have a good track record on running the economy, because they just don't!
Last edited by Martin2005; 21 September 2010 at 08:17 PM.
21 September 2010, 07:48 PM
#38
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I support the new government in sorting out the mess wholeheartedly, but let's not keep kidding ourselves that the Tories have a good track record on running the economy, becasue they just don't!
You have got the kidding right? no matter what government we have in power it will still be the same as the 70s
You have got the kidding right? no matter what government we have in power it will still be the same as the 70s
Last edited by Jamie; 21 September 2010 at 07:51 PM. Reason: Double post mods sort it out
22 September 2010, 08:37 AM
#39
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There is no doubt the previous governments economic record is mixed
But just to add some balance (which The Telegraph never would seek to do), between 1997 & 2004ish the Labour government made mostly good decisions and had a very decent economic record. Anyone who describes the last government as 13 years of bad economics was either a, not paying attention, or b, so politically bias in their outlook it's pointless debating with them. No doubt the last 6 years wer very poor, with poor spending decision compounded by a lack of proper public sector reform
I support the new government in sorting out the mess wholeheartedly, but let's not keep kidding ourselves that the Tories have a good track record on running the economy, because they just don't!
But just to add some balance (which The Telegraph never would seek to do), between 1997 & 2004ish the Labour government made mostly good decisions and had a very decent economic record. Anyone who describes the last government as 13 years of bad economics was either a, not paying attention, or b, so politically bias in their outlook it's pointless debating with them. No doubt the last 6 years wer very poor, with poor spending decision compounded by a lack of proper public sector reform
I support the new government in sorting out the mess wholeheartedly, but let's not keep kidding ourselves that the Tories have a good track record on running the economy, because they just don't!
Tell us Martin, is it good to have to find £44 billion each year to pay off the interest on the NL loans and then to continue with excessive and useless government spending financed by further borrowing thus continuing to increase the interest payments until no one will lend us any more cash?
Tell us how your economic miracle would work Martin, I don't think much of the One Eyed Knight's methods.
Les
22 September 2010, 10:43 PM
#40
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You live in a dream world, Les, if you think the Tories left a strong economic position on their exit from power ..... Labour had a lot to do to get the books in balance!
And, we had the longets run of economic stability under Labour as we had under any other Government in history.
Only the worldwide, yes that's right (nothing to do with Labour), recession put a dent in Labours careful and steady hand on the tiller of UK Ltd!
And, we had the longets run of economic stability under Labour as we had under any other Government in history.
Only the worldwide, yes that's right (nothing to do with Labour), recession put a dent in Labours careful and steady hand on the tiller of UK Ltd!
22 September 2010, 11:00 PM
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indeed its true ladies an gentlemen
If some naughty scamp ( bound to be tory) in the city hadnt planted rumours someone couldnt pay back their mortgage we would all still be vaunting Gordans new labour miracle
If some naughty scamp ( bound to be tory) in the city hadnt planted rumours someone couldnt pay back their mortgage we would all still be vaunting Gordans new labour miracle
22 September 2010, 11:21 PM
#43
The FSA that was setup by the then Chancellor, yes that's right, the One Eyed Knight, to regulate the banking industry, failed massively to regulate the industry it was setup to regulate. It allowed the debt to grow and go unmonitored and when the **** finally hit the fan, no one knew who was in charge.
23 September 2010, 12:01 AM
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And you thought Labour was bad!
The amount of new public sector borrowing hit a record of £15.9bn for last month, according to the Office for National Statistics (ONS).
The larger-than-expected figure came after higher inflation led to a rise in interest payments on index-linked government bonds.
Come on Tories/LibDems .... get a grip .... or lets get Brown back (at least he knew what he was doing!).
The amount of new public sector borrowing hit a record of £15.9bn for last month, according to the Office for National Statistics (ONS).
The larger-than-expected figure came after higher inflation led to a rise in interest payments on index-linked government bonds.
Come on Tories/LibDems .... get a grip .... or lets get Brown back (at least he knew what he was doing!).
23 September 2010, 09:09 AM
#45
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23 September 2010, 09:42 AM
#47
In fairness I think what you say is does have an element of truth most of the time, that is when you're not taking the urine, but the one thing that Blair won't be remembered for is being one of the greatest leaders of our time.
23 September 2010, 09:47 AM
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23 September 2010, 01:23 PM
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You live in a dream world, Les, if you think the Tories left a strong economic position on their exit from power ..... Labour had a lot to do to get the books in balance!
And, we had the longets run of economic stability under Labour as we had under any other Government in history.
Only the worldwide, yes that's right (nothing to do with Labour), recession put a dent in Labours careful and steady hand on the tiller of UK Ltd!
And, we had the longets run of economic stability under Labour as we had under any other Government in history.
Only the worldwide, yes that's right (nothing to do with Labour), recession put a dent in Labours careful and steady hand on the tiller of UK Ltd!
Had your heroes insisted that the FSA did their job properly which would have upset their rich pals whom they were sucking up to, we would not be in the seriously bad position we are in now.
Congrats on the answer though-I am just not used to that!
Les
23 September 2010, 01:24 PM
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26 September 2010, 01:32 AM
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Can you tell us,in your view, what did he actually achieve in his decade in control?
26 September 2010, 11:19 AM
#53
And you thought Labour was bad!
The amount of new public sector borrowing hit a record of £15.9bn for last month, according to the Office for National Statistics (ONS).
The larger-than-expected figure came after higher inflation led to a rise in interest payments on index-linked government bonds.
Come on Tories/LibDems .... get a grip .... or lets get Brown back (at least he knew what he was doing!).
The amount of new public sector borrowing hit a record of £15.9bn for last month, according to the Office for National Statistics (ONS).
The larger-than-expected figure came after higher inflation led to a rise in interest payments on index-linked government bonds.
Come on Tories/LibDems .... get a grip .... or lets get Brown back (at least he knew what he was doing!).
26 September 2010, 02:03 PM
#54
YOU WHAT!??????????????????????????????
Little history lesson for you here, are you sitting comfortably? Then I will begin ......
Once upon a time when the world entered a deep, deep recession all the lands were terrified. A knight in shining armour sat, alone, at the head of the pass ready to fight tooth and nail for the country he served - that man was Gordon Brown, the One Eyed Knight of the West.
Along rode another knight in rich jewels and trinkets, clearly one of a very wealthy family, Knight Cameron of the Eton round table - he sat above his steed alongside the One Eyed Knight and looked at the coming disaster - the hoards of natives carrying debt and poverty - he, basically **** himself. Knight Cameron declared that we should run away, hide, and do nothing at all .... maybe they will pass by without hurting us?
But the One Eyed Knight stood firm ... and alongside him rode his Darling Knight - alone they stood as the hoards came upon them. They didn't blink, they didn't shiver, they didn't turn into Tory jelly of no substance ........ the Knights from the other Lands under attack saw this brave act and stood alongside the One Eyed Knight and his Darling.
Together they all but defeated the hoards - but the citizens of the One Eyed Knights lands wanted the new Knight Cameron and his Jester Osbourne .. for they promised trinkets and chests of gold .. the people sent the brave One Eyed Knight on his way, despite standing where the Knights of the Eton round table feared to tread.
Very soon the trinkets turned into plastic and the gold was fools gold - the simple people had been had by the wealthy Knight with nothing to lose .. the same Knight who ran and hid with his Jester Osbourne.
The people of the land cried out for the One Eyed Knight to return .. but, he had gone over the hills never to return.
Basically - the TORIES said DO NOTHING!!!!
Labour said LET'S FIGHT!!!!!
End of lesson ......... thanks for watching
Little history lesson for you here, are you sitting comfortably? Then I will begin ......
Once upon a time when the world entered a deep, deep recession all the lands were terrified. A knight in shining armour sat, alone, at the head of the pass ready to fight tooth and nail for the country he served - that man was Gordon Brown, the One Eyed Knight of the West.
Along rode another knight in rich jewels and trinkets, clearly one of a very wealthy family, Knight Cameron of the Eton round table - he sat above his steed alongside the One Eyed Knight and looked at the coming disaster - the hoards of natives carrying debt and poverty - he, basically **** himself. Knight Cameron declared that we should run away, hide, and do nothing at all .... maybe they will pass by without hurting us?
But the One Eyed Knight stood firm ... and alongside him rode his Darling Knight - alone they stood as the hoards came upon them. They didn't blink, they didn't shiver, they didn't turn into Tory jelly of no substance ........ the Knights from the other Lands under attack saw this brave act and stood alongside the One Eyed Knight and his Darling.
Together they all but defeated the hoards - but the citizens of the One Eyed Knights lands wanted the new Knight Cameron and his Jester Osbourne .. for they promised trinkets and chests of gold .. the people sent the brave One Eyed Knight on his way, despite standing where the Knights of the Eton round table feared to tread.
Very soon the trinkets turned into plastic and the gold was fools gold - the simple people had been had by the wealthy Knight with nothing to lose .. the same Knight who ran and hid with his Jester Osbourne.
The people of the land cried out for the One Eyed Knight to return .. but, he had gone over the hills never to return.
Basically - the TORIES said DO NOTHING!!!!
Labour said LET'S FIGHT!!!!!
End of lesson ......... thanks for watching
26 September 2010, 02:20 PM
#55
a few examples of the morons stupidity /
sold our gold at a 22 year low . at auction to ensure lowest poss price all because he wanted to buy into the euro
under his new rules a couple earing 50 grand with 2 kids are better off splitting up
a couple earing 24grand a year with 2 kids are only 4pounds a week better off than a single mium with 2 kids on the dole
you can emigrate become a citizen of another country for 5 years then come back and work here for the rest of your life and not pay a bean in tax (cos you are a resident of another country)
read the book and get your EYES OPENED
sold our gold at a 22 year low . at auction to ensure lowest poss price all because he wanted to buy into the euro
under his new rules a couple earing 50 grand with 2 kids are better off splitting up
a couple earing 24grand a year with 2 kids are only 4pounds a week better off than a single mium with 2 kids on the dole
you can emigrate become a citizen of another country for 5 years then come back and work here for the rest of your life and not pay a bean in tax (cos you are a resident of another country)
read the book and get your EYES OPENED
26 September 2010, 03:28 PM
#56
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a few examples of the morons stupidity /
sold our gold at a 22 year low . at auction to ensure lowest poss price all because he wanted to buy into the euro
under his new rules a couple earing 50 grand with 2 kids are better off splitting up
a couple earing 24grand a year with 2 kids are only 4pounds a week better off than a single mium with 2 kids on the dole
you can emigrate become a citizen of another country for 5 years then come back and work here for the rest of your life and not pay a bean in tax (cos you are a resident of another country)
read the book and get your EYES OPENED
sold our gold at a 22 year low . at auction to ensure lowest poss price all because he wanted to buy into the euro
under his new rules a couple earing 50 grand with 2 kids are better off splitting up
a couple earing 24grand a year with 2 kids are only 4pounds a week better off than a single mium with 2 kids on the dole
you can emigrate become a citizen of another country for 5 years then come back and work here for the rest of your life and not pay a bean in tax (cos you are a resident of another country)
read the book and get your EYES OPENED
I think maybe you should try reading a few more books before proclaiming you have discovered all the answers
26 September 2010, 04:13 PM
#57
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Oh I sooooo wish to add about the increase in VAT to 20% in Jan 2011, how well that will do the UK 
and no, even against advice they are still doing it look out for mid 2011 to start having one of the worst ever ammount of people on the dole 
Tony
and no, even against advice they are still doing it look out for mid 2011 to start having one of the worst ever ammount of people on the dole Tony
26 September 2010, 04:19 PM
#58
MAY I SUGEST YOU READ THE BOOK AND MY POST I SAID A FEW EXAMPLES there are many many more monumentus **** ups in the book , i never said i had discovered all the answers . just that the man is a complete and utter **** wit , mind you what do you expect from such a sheltered life he was after all a mp at 32
26 September 2010, 04:58 PM
#60
Not saying 15% vat was nice; I took full advantage of it (unless the retailer was fiddling the prices - which many did), but for the country's financial health it was stupidly short sighted; Seeing the HMRC is struggling to gain tax revenue for the coffers in a competent manner, there is a significant revenue shortfall (its having to dish out £1.8 billion in refunds for its own f**k ups). HMRC also has a backlog of 18million of unreconciled cases which will take over four years to clear. Not to mention the tax dodgers that have got away for it for god knows how long - and still do.
Last edited by ALi-B; 26 September 2010 at 05:01 PM.