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Post by see2 on Jun 14, 2024 12:10:35 GMT
Banking decisions made at a time when the Banks were overflowing with cash that just kept pouring in, and which the Banks put the brakes on as soon as they began to understand that they were in financial trouble, i.e. that the cash they were dealing with didn't actually exist. Brown didn't run the Banking businesses, that was left to the people who were supposed to know what they were doing. And it was pretty obvious they didn’t I was the first in Barclays to realise things were going to tank. After they had several managers seemed not to understand why And the Regulators put in pkace since are BS. Read the last couple of chapters of Liz Truss’s book to understand how your pension was really put at rosk, and who by Unfortunately opinions without facts count for very little. I don't think I could be interested in reading any Right-wing literature anymore than my lack of interest in Right-wing politics. |
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Post by johnofgwent on Jun 14, 2024 12:17:46 GMT
And it was pretty obvious they didn’t I was the first in Barclays to realise things were going to tank. After they had several managers seemed not to understand why And the Regulators put in pkace since are BS. Read the last couple of chapters of Liz Truss’s book to understand how your pension was really put at rosk, and who by Unfortunately opinions without facts count for very little. I don't think I could be interested in reading any Right-wing literature anymore than my lack of interest in Right-wing politics. well you should educate yourself in regard to the antics of pension fund managers who, denied the growth from dividend income by Brown’s antics denying your pension fund the Advance Corporation Tax, chose the singularly dodgy course of betting on low interest rates continuin If you read her book you’d know that If you worked in fintech you’d know that. But feel free to remain uneducated. Both parties at the head of the pack need that |
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Post by ratcliff on Jun 14, 2024 12:22:50 GMT
The minimum wage and other factors (including EU membership) did cost jobs: api.parliament.uk/historic-hansard/commons/1998/nov/10/factory-closuresThere has been a lot of industrial decline both under Conservative and under Labour governments. Throughout the 2000's, Ford car production in the UK ended. Peugeot car production in the UK ended. Food manufacturers including the legendary HP Sauce production line stopped manufacturing here and moved abroad. And last time they were in, they said of traditionally unionised jobs being taken by cheap labour from abroad "they're coming to do the jobs Brits don't want to do". A policy which held down wages and caused resentment. I have no confidence that Labour have changed at all. I have no confidence that they will protect British jobs in future. I have no confidence in your latest clearly biased political ramblings. -- "Facing a drop in demand and intense competition, Ford stopped building cars in the UK in 2002. It has continued to manufacture engines in Bridgend and Dagenham, as well as transmissions in Halewood." -- "In 2007, Peugeot were active in 72% of market segments, something that they want to increase to 90%. Peugeot started to pursue new markets with a focus on China, Russia and South America. They re-entered the Indian market after 14 years with a new factory in Gujarat." -- Ford do not manufacture engines at Bridgend and closed the plant some 5 years ago having failed to find a buyer for the site ,car building stopped in the early 2000s they have only made diesel engines at the old plant at Dagenham since |
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Post by see2 on Jun 14, 2024 12:27:59 GMT
Unfortunately opinions without facts count for very little. I don't think I could be interested in reading any Right-wing literature anymore than my lack of interest in Right-wing politics. well you should educate yourself in regard to the antics of pension fund managers who, denied the growth from dividend income by Brown’s antics denying your pension fund the Advance Corporation Tax, chose the singularly dodgy course of betting on low interest rates continuin If you read her book you’d know that If you worked in fintech you’d know that. But feel free to remain uneducated. Both parties at the head of the pack need that Yes, I don't believe that anyone is perfect in any job, but my assessment of Brown is that he was far more good than bad, and IMO far better than any previous Chancellor. I believe that if there had been no International Financial Meltdown New Labour would have received another four years in office in 2010. |
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Post by ratcliff on Jun 14, 2024 12:29:53 GMT
Brown apologized for not being perfect, and in reality not foreseeing the actual pitfall that hit. A pitfall that no one forecast and no one thought to guard against. If Brown has a problem it is that unlike Righties he is perhaps too honest. I do dislike these Rightist posters who do their best to deny reality and the circumstances when it comes to Brown. I think we should be fair about it, Brown was put up as a wizard of economics when in reality much like the rest of them, he didn't have a clue what he was doing or even a clue about what was actually going on. Brown was a one eyed history teacher with an appalling temper He had no clue about economics , finance or even how to run a corner shop - and he was crowned as PM after a backroom deal with Blair |
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Post by ratcliff on Jun 14, 2024 12:34:52 GMT
No CEO's are going to be replaced by this proposal - I'm not sure where you get this idea from. And how are you going to make energy cheaper to produce? - the plan is to do away with cheap fossil fuels and replace them with more costly renewables. New CEOs will be required for the new government led programme. Research, improvements, increased productivity along with the absence of the money grabbers will lead to cheaper energy. Some use of fossil fuels will continue. New CEOs? Highly paid quango chiefs on the gravy train as yes men ? ''Friendly '' Civil Servants earning more than the PM pushed up to the Lords? Where are the highly experienced business people with experience in running large corporations in your warped mindset? |
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Post by dodgydave on Jun 14, 2024 12:46:44 GMT
Re-writing history again I see. New Labour continued with much of the policies of Thatcher and Major which did lead to good growth. The only problem was that much of this growth (retail, services, property) was built on consumer debt. AGAIN, you fail to mention how New Labour's deregulation of Britain's financial system left us FUCKED when the US subprime market collapsed. Yes Brown did act quickly once it happened, but it was his policies that left us so exposed in the first place! Come on, you lived through those times like the rest of us, stop pretending you didn't see the explosion of irresponsible lending that occurred during that time. You could get a buy-to-let mortgage with zero checks (self-certification) for fuck sake! You know nothing but your distorted and totally biased approach politics. Complete nonsense. Thatcher enjoyed the full benefit of North sea Oil and Natural Gas income (before she sold them off) Plus the income from selling off Oil and Gas etc. Yet still left two huge economic black holes where the NHS and State Education used to be, along with extra thousands of people without a job. An unhealthy economy which was improved slightly but not repaired by John Major. Brown ended her use of controlling the economy with government Boom and Bust using inflation and deflation. Which led to a more stable economy. Labour's deregulation levels where continuously called for by the Tory Party and by Industry. There was a continuous whinge about too much 'red tape'. Even so, Labour did not cause the international financial meltdown which so damaged Western economies. The Banks were overflowing with money, they determined the level of lending and mortgages available. Aided and abetted by Mortgage companies including Banking, and Banks including Mortgages, all thanks to Changes made by Thatcher. The problem hit when the Banks found out the money and income they were enjoying turned out to be worthless, i.e. the meltdown. Your silly biased and distorted thinking wants to put all the blame on Labour, and that makes you a political knob-head. I would have thought somebody of your advancing years would have learnt to read by now. NOWHERE did I say Labour caused the financial crisis. NOWHERE did I "put all the blame on Labour". I said Labour CONTINUED the policies of the Tories, so anybody with a brain would deduce I am blaming both. So if I blame both sides where is the bias? You are talking shite, re-writing history, and I am calling out your lies because Starmer is using the same lies to pretend he is going to bring back the growth of New Labour. Only biased idiots like you believe him, the rest of us know that it is impossible because growth on the back of massive consumer debt is no longer possible because of tighter lending regulations. |
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Post by jonksy on Jun 14, 2024 12:51:39 GMT
I spoke to my accountant today he told me that most tradesmen can expect their daily out goings rising by another 125 quid a day under labour.So if that's the case we have to make at least 650 quid a day just to break even. Happy days not. The black economy will thrive under a labour infestation.
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Post by dodgydave on Jun 14, 2024 13:08:22 GMT
well you should educate yourself in regard to the antics of pension fund managers who, denied the growth from dividend income by Brown’s antics denying your pension fund the Advance Corporation Tax, chose the singularly dodgy course of betting on low interest rates continuin If you read her book you’d know that If you worked in fintech you’d know that. But feel free to remain uneducated. Both parties at the head of the pack need that Yes, I don't believe that anyone is perfect in any job, but my assessment of Brown is that he was far more good than bad, and IMO far better than any previous Chancellor. I believe that if there had been no International Financial Meltdown New Labour would have received another four years in office in 2010. More of your lies. The economy was doing so well because it was based on an explosion of retail spending, financial services and housing... not paid for with cash, but with high-risk consumer debt. This started under the Tories (Major), and then excellerated under New Labour with more and more deregulation. Even Rachel Reeves has spoken about this, and she critisised Brown and Blair for not seeking proper growth (ie the UK making stuff). Unlike you, data doesn't lie... oh look a HUGE CONSUMER DEBT BUBBLE occurred under New Labour... yet according to you it was "unpredictable" lol.  |
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Post by see2 on Jun 14, 2024 13:29:18 GMT
I have no confidence in your latest clearly biased political ramblings. -- "Facing a drop in demand and intense competition, Ford stopped building cars in the UK in 2002. It has continued to manufacture engines in Bridgend and Dagenham, as well as transmissions in Halewood." -- "In 2007, Peugeot were active in 72% of market segments, something that they want to increase to 90%. Peugeot started to pursue new markets with a focus on China, Russia and South America. They re-entered the Indian market after 14 years with a new factory in Gujarat." -- Ford do not manufacture engines at Bridgend and closed the plant some 5 years ago having failed to find a buyer for the site ,car building stopped in the early 2000s they have only made diesel engines at the old plant at Dagenham since Yes my first Googled reply was wrong Ford stopped building car engines in Bridgend although there is a comment claiming that the new Ecoboost engine was assembled at Bridgend. " car production in Dagenham stopped in 2002 (although it still makes lots of engines). And after topping the UK sales charts for 48 straight years, Ford finally lost its title in 2021.15 Mar 2024" -- I believe ford first produced an Ecoboost engine in in the UK in 2012. The plant's last Ford engine was the "Dragon" Ecoboost engine, produced from 2018 until February 2020. During its final months, it only made Jaguar AJ-V8 and AJ-V6 engines, themselves discontinued in September 2020. Fleet News www.fleetnews.co.uk › news › 2011/11/10 › uk-... 10 Nov 2011 — The Ford 1.0 liter Ecoboost engine will debut in Europe in early 2012 and ultimately be available worldwide. Developed and built in Basildon Essex. |
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Post by see2 on Jun 14, 2024 13:32:52 GMT
I think we should be fair about it, Brown was put up as a wizard of economics when in reality much like the rest of them, he didn't have a clue what he was doing or even a clue about what was actually going on. Brown was a one eyed history teacher with an appalling temper He had no clue about economics , finance or even how to run a corner shop - and he was crowned as PM after a backroom deal with Blair There is an old saying that you should take note of, "when you know nowt, say nowt". Better than posting silly opinions ^^^ |
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Post by The Squeezed Middle on Jun 14, 2024 13:37:58 GMT
Brown was a one eyed history teacher with an appalling temper He had no clue about economics , finance or even how to run a corner shop - and he was crowned as PM after a backroom deal with Blair There is an old saying that you should take note of, "when you know nowt, say nowt". Better than posting silly opinions ^^^ The irony.  |
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Post by see2 on Jun 14, 2024 13:41:12 GMT
Yes, I don't believe that anyone is perfect in any job, but my assessment of Brown is that he was far more good than bad, and IMO far better than any previous Chancellor. I believe that if there had been no International Financial Meltdown New Labour would have received another four years in office in 2010. The economy was doing so well because it was based on an explosion of retail spending, financial services and housing... not paid for with cash, but with high-risk consumer debt. This started under the Tories (Major), and then excellerated under New Labour with more and more deregulation. Even Rachel Reeves has spoken about this, and she critisised Brown and Blair for not seeking proper growth (ie the UK making stuff). Unlike you, data doesn't lie... oh look a HUGE CONSUMER DEBT BUBBLE occurred under New Labour... yet according to you it was "unpredictable" lol. Shove your lying comments as far up as you can get them. Mr. Shitty Coward, who hides behind a computer screen. It was based upon Money flowing into the Banks, or are you suggesting that the banks were aware that the money flowing in was worthless yet still looked for customers to take out mortgages and loans / LOL. Grow up idiot. |
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Post by see2 on Jun 14, 2024 13:42:32 GMT
There is an old saying that you should take note of, "when you know nowt, say nowt". Better than posting silly opinions ^^^ The irony. Got no answer again , you really are an idiot. |
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Post by jonksy on Jun 14, 2024 13:45:11 GMT
I have no confidence in your latest clearly biased political ramblings. -- "Facing a drop in demand and intense competition, Ford stopped building cars in the UK in 2002. It has continued to manufacture engines in Bridgend and Dagenham, as well as transmissions in Halewood." -- "In 2007, Peugeot were active in 72% of market segments, something that they want to increase to 90%. Peugeot started to pursue new markets with a focus on China, Russia and South America. They re-entered the Indian market after 14 years with a new factory in Gujarat." -- Ford do not manufacture engines at Bridgend and closed the plant some 5 years ago having failed to find a buyer for the site ,car building stopped in the early 2000s they have only made diesel engines at the old plant at Dagenham since Ford closed all their UK factories years ago. Even a dribbling old senile fart like c2 should know that. |
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