[Closed] Pleasant thought for the day: 48 hrs from now and they could be out the door.

http://www.theguardian.com/uk-news/2015/mar/11/scottish-financial-deficit-40-higher-than-rest-of-uk-data-reveals

Did you just add 20% onto the deficit for fun?

are you personally committed to paying significantly more to use the same services?

Yes. If it means that things are fairer.

I'm quite looking forward to it all being over to end the politics conversations.. kinda like the Wimbledon effect, everyone is suddenly an expert, statistics being made up on the spot and arguments which achieve nothing, and no-one changes anyone's mind.

I know v little about politics, it doesn't interest me so I don't get involved, just find it annoying when people who know even less than me start lecturing the room as though they're some kind of expert on the subject..

/grumpy old man at 32

Edit: Should add this isn't me having a go at anyone in this thread, just what I've witnessed in real life..

or ... in 48hrs a continuity coalition is in place and a wound-licking labour start the public bloodsport of a leadership stabathon. Can't wait.

This

All of the employees out of work - nonsense. It's a wild idea, but how about renationalising a few things and providing work at a fair rate of pay that way?

That is what I said - you even quoted me.

are you personally committed to paying significantly more to use the same services?

Yes. If it means that things are fairer.

Then the poorest have their pay rise taken back from them paying for all the now higher prices.

In that case their wages would have to rise even further. Redistribution of wealth and all that...

Whilst on the one hand I'm fascinated by the process, and would like the Tories and the coalition gone, nothing will change that much - certainly in the short/medium term.

We're beholden to a pointless and manipulative economic sensibility that worships the financiers like 2008 never happened. This is unfortunately bolstered by a press that knows how to simultaneously turn the working classes against each other whilst making enemies of anyone that genuinely has something interesting to say.

Columnists like Richard Littlejohn make my blood boil.

Eh? wanmankylungs finally been won over by one of the basic tenets of right wing free market economics? 😯

Sounds to me like he's proposing a socialist dream of less rich people and less poor people.

Sounds good to me.

That is what I said - you even quoted me.

*actually, I'm just making wild assumptions here. I don't actually know for sure, but I reckon I'm probably not far wide of the mark.

+1 munrobiker 😀

Copied and pasted from elsewhere:

[i]Labour caused the ****ing deficit.
No one cares about the ****ing environment.
Labour privatised the ****ing NHS and it is under pressure from all the ****ing immigrants that ****ing labour let in.
The universities put up the ****ing tuition fees. And there are too many ****ing students all monging about whinging because they can't get a ****ing job that pays them their ****ing worth.
If you vote the incompetent set of ****s that were kicked out 5 years ago then you deserve all you ****ing get.[/i]

😀

I am against the TTIP and the ISD with any right to sue governments is just absurd. My standpoint is very similar to the SNP's

So you'll concede that "simply" re-nationalising industries isn't actually that simple in practice. I commend the intent, I just don't think in this current version of the world that it is the best solution to the problem.

wanmankylung - Member

http://www.theguardian.com/uk-news/2015/mar/11/scottish-financial-deficit-40-higher-than-rest-of-uk-data-reveals

Did you just add 20% onto the deficit for fun?

Wind your neck in, I quoted directly from the article.

I predict the New Boss will be the same as the Old Bosses.

I don't really care about the economy in terms of business doing well, or defecits.

Weird idea as without businesses doing well and a thriving economy we'd all be back in the stone ages and everyone would be in poverty.

Wind my neck in? You're the one quoting nonsensical articles.

I kind of want the tories to win simply as I can't stand the SNP and their supporters and want them to have as little influence as possible.

In my area its a straight fight between SNP and labour however, so labour it is.

Sure, they could be out in 48 hours - but they might not. The one thing the pollsters seem to agree on is that nobody can call this election.

I always love the rhetoric that comes about with elections.

"If X gets in the country is destroyed"
"If Y gets in the country has gone to the dogs"

What a load of tosh. If the Tories/Labour get in on Friday then we won't vanish into a black hole. The world will keep turning.

Saying that, if the Tories get in then a lot of poor people are going to get a whole lot poorer.

[img] [/img]

I can't stand the SNP and [b]their supporters[/b]

You 'can't stand' people because of how they choose to vote?. What a strange little man.

Saying that, if the Tories get in then a lot of poor people are going to get a whole lot poorer

and

What a load of tosh.

There is nothing to choose between Lab and Con on the economy. Having lived through recessions 'caused' by both I come to the conclusion that despite what they say there is bugger all difference and they both have alot less control over it than they think they do.

Weird idea as without businesses doing well and a thriving economy we'd all be back in the stone ages and everyone would be in poverty.

Weird idea, assuming that the whole of human progress is due to business doing well and to thriving economies.

wanmankylung - Member

Wind my neck in? You're the one quoting nonsensical articles.

Ah okay, so first *I* was wrong. Then I pointed out my quote came directly from the article, and apparently now it is the *article* which is wrong. Yet at no point do you provide any evidence to counter the points raised. Did you even look at the article? Thought not.

We're beholden to a pointless and manipulative economic sensibility that worships the financiers like 2008 never happened.

Odd that we have two major UK banks considering re-locating overseas - are they crazy? Where else would they be worshipped?

they both have a lot less control over it than they think they do.

I think they know they have little control, just they don't like to say it. Some really interesting work on network effects and why no governments of any colour can ever have as much control as they'd like to tell you.

Weird idea, assuming that the whole of human progress is due to business doing well and to thriving economies.

Feel free to name a country that has a bad economy and failing businesses, which doesn't' have high levels of poverty?

Feel free to name a country that has a bad economy and failing businesses, which doesn't' have high levels of poverty?

Feel free to name a country that has reverted back to a stone age culture and commensurate levels of material poverty?

edit:

Chances are that agiculture, art, architecture, religion and warfare all developed before anything remotely resembling our modern mixed market based economy.

It a shame that politics now means no more than how much money the next stuffed suit promises he can put in you pocket.

Odd that we have two major UK banks considering re-locating overseas - are they crazy? Where else would they be worshipped?

We are crazy for putting up with shite like that.

If it's a global economy, then it's a global economy - so at some point someone will relocate somewhere else when it doesn't suit. If that's the proviso for selecting a Government, then perhaps they should go now?

Argentina has gone through some grim times and Greece isn't looking to great right now, just to name a couple.

Ah okay, so first *I* was wrong. Then I pointed out my quote came directly from the article, and apparently now it is the *article* which is wrong. Yet at no point do you provide any evidence to counter the points raised. Did you even look at the article? Thought not.

My point was that even the article you quoted couldn't even make its mind up on the figure.

rone -back to the question, if we do have a system that "worships" financiers why do they want to re-locate. Are they crazy?

Seems to me that we are screwing about with banks on a massive scale. We require them to match more onerous regulatory standards (correctly) while at the same time lending more. totally incompatible objectives

rone -back to the question, if we do have a system that "worships" financiers why do they want to re-locate. Are they crazy?

There's a difference between threatening to re-locate and actually doing it.

Which other large scale 'industry' would have been subsidised to the same £££ as the finance sector just to stay alive?

Market forces would've prevailed under other circumstances. If that's not worshipping and I don't know what is.

Which other large scale 'industry' would have been subsidised to the same £££ as the finance sector just to stay alive?

Before the crash Financial Services were paying corporation tax and income taxes to the tune of 60% of the NHS budget every year. The massive loss of FS jobs is one of the reasons that the deficit is proving very difficult to reduce - for all the talk of building new industries that create jobs and wealth the reality is that we've knackered one of the sectors that has contributed amongst the most in financial terms over the last 15 years. Even the "bailout" will largely be repaid in full, so overall we're just left looking at an increasing gap in tax receipts - likely to accentuated if the likes of HSBC and StanChart do relocate

The massive loss of FS jobs is one of the reasons that the deficit is proving very difficult to reduce - for all the talk of building new industries that create jobs and wealth the reality is that we've knackered one of the sectors that has contributed amongst the most in financial terms over the last 15 years.

Contributed to whom?

I'll be one of the first in the polling station in the morning with my Tory vote.

I'll be one of the first in the polling station in the morning with my Tory vote.

Round here you could go in at 21:55 and be one of the first in with a Tory vote.

I look forward to SNP landslide in Scotland. 😆

Freedoommmmm!

Randomly, my local green party candidate caught me as I was getting out of my car on drive.

I was fairly curious for my first conversation with a party person, only for him to politely wait at the boundary for me to get out of the car, pass me their newspaper and day "I'm your local green candidate, you can read about me on page 6" and with a friendly nod, he was off.

Don't know whether I'm grateful for his (apparent) consideration I'd just finished work or disappointed I didn't get chance to have my first chat with a member of any political party.

Probably the latter. Still, nice chap - newspaper very nice and ideological; just [i]too[/i] ideological - only to be expected I suppose to make an impact, but would like to have seen some substance - but a shame though; I imagine what they'd like to stand for resonates with many moderate folk.

Contributed to whom?

you're an idiot...

Even the "bailout" will largely be repaid in full, so overall we're just left looking at an increasing gap in tax receipts - likely to accentuated if the likes of HSBC and StanChart do relocate

How do you know the bailout will be repaid in full?

You are also assuming there will be only ever be one bail-out.

I'd say your banks will re-locate anyway if it suits them. Holding the nation to ransom is like your playground bully. Let them go. Something less parasitical could take their place.

@rone, I worked for Stan Chart for 11 years, the bank did not need a bailout FYI

So far it looks like all the bailout funds will be repaid in full, the government has made a big profit on the guarantee scheme (banks paid a big fee and it was never used).

The banks where bailed out (not HSBC, Stan Chart or Barclays for example by the way and Lloyds would have been fine had it not been talked into rescuing HBOS by Brown) as had they failed the country is on the hook for all the small savers anyway and a collapse of the banks would have ruined massive numbers of small businesses which are reliant on overdrafts plus caused a mjor disruption in all our lives with regard to credit cards, mortgages etc.

Special bank levy, the new tax we have in the UK and which I believe does not exist anywhere else in the world, now costs Stan Chart £300m pa and HSBC much more. Why pay that when so much of their businesses is outside the UK ?

Contributed to whom?