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Post by patman post on Sept 1, 2024 15:47:48 GMT
Liz Truss's disastrous premiership was the shortest and most chaotic in British history. In the space of just 49 days, Truss witnessed the death of the longest-reigning monarch, attempted to remould the economy, triggered a collapse in the value of Sterling and was forced on a series of embarrassing U-turns that ultimately led to her resignation. The aftershocks of her time in office are still felt today. How did she blow her opportunity so spectacularly?
Truss at 10 is based on exclusive interviews with key aides, allies and insiders, and focusing on the critical steps that led to her demise, this gripping behind-the-scenes work of contemporary history gives the definitive account of Truss's premiership.
Truss at 10: How Not to Be Prime Minister, by Anthony Seldon — a 49-day disaster covered in 384 pages!!!
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Post by Baron von Lotsov on Sept 1, 2024 15:56:05 GMT
That's 7 pages per day or roughly one page every three hours.
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Post by Pacifico on Sept 1, 2024 17:30:01 GMT
Liz Truss's disastrous premiership was the shortest and most chaotic in British history. In the space of just 49 days, Truss witnessed the death of the longest-reigning monarch, attempted to remould the economy, triggered a collapse in the value of Sterling and was forced on a series of embarrassing U-turns that ultimately led to her resignation. The aftershocks of her time in office are still felt today. How did she blow her opportunity so spectacularly?
Truss at 10 is based on exclusive interviews with key aides, allies and insiders, and focusing on the critical steps that led to her demise, this gripping behind-the-scenes work of contemporary history gives the definitive account of Truss's premiership.
Truss at 10: How Not to Be Prime Minister, by Anthony Seldon — a 49-day disaster covered in 384 pages!!!
is it a good read? - or are you just plugging the book? |
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Post by patman post on Sept 1, 2024 18:52:28 GMT
I found it informative and enjoyable and, I suspect, largely accurate. It’s the only political book I’ve read in ages. I was initially surprised that a person so devoid of common sense and thinking could fill 384 pages. But now I find it incredible she got so much support…
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Post by Rebirth on Sept 1, 2024 19:00:18 GMT
That's 7 pages per day or roughly one page every three hours. I bet it didn't mention the fact that the Tories went against Conservativism and the leader they did choose worked against what the party was elected to do. |
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Post by patman post on Sept 1, 2024 19:33:56 GMT
That's 7 pages per day or roughly one page every three hours. I bet it didn't mention the fact that the Tories went against Conservativism and the leader** they did choose worked against what the party was elected to do. ** Which one — they had five: one ratted, the next was incompetent, the following affable rogue lied and partied, the next crashed the country, and the last, though clued up on finance, didn’t understand the country as was unschooled in politics… |
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Post by Hutchyns on Sept 1, 2024 19:35:51 GMT
patman post I can quite understand why pat states that such revelations are informative. I don't believe a sufficient number of the public grasp how constrained a Government is, and the tight parameters that it must not tread outside of, before those with the power to do so can trigger a 'collapse' or a 'crash' if Governmental decisions and policy do not appear favourable to the existing investments the big financial powers hold. Even today there are headlines such as 'UK faced economic crash if winter fuel payment was not axed, Powell says' indicating that Big Finance can bring it all crashing down around your ears, or at least threaten to do so, unless policy finds favour with them. The limited room for manoeuvre afforded to our elected Governments needs to be understood ..... and whether Labour's swift willingness to wave the white flag in the direction of global finance is pragmatic, cowardly, or a bit of both, is open to opinion.
link - Economic Crash and run on the pound if Pensioners Winter Fuel Payments Not Axed |
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Post by Baron von Lotsov on Sept 1, 2024 19:36:49 GMT
That's 7 pages per day or roughly one page every three hours. I bet it didn't mention the fact that the Tories went against Conservativism and the leader they did choose worked against what the party was elected to do. I find the market movements suspicious in fact. I'm wondering whose money bet agaisnt Truss. Could it have been US meddling? I know they play the economic warfare game. I think they ordered us to keep corporation tax at a level that would not compete with their own. Many economists reckoned that would have been the best tax to cut because it causes the money we make to be more strongly reinvested in industry that creates higher productivity in a virtuous circle, and the worst would be consumer tax cuts where it gets pissed up down the pub. Or was it from the East? I heard something about Asian markets opening badly on the British pound, but not sure about that. Soros did it to us once. The thing is Blair and Johnson were working for the establishment. Johnson played the fool but got told what to do and got paid off at least $7 for his services. It's probably a lot more now, and the same with Blair. That's how you tell a bent leader. What makes me more suspicious they set Truss up is this constant bullshit that she was responsible for mortgage increases. How on earth could that possibly be? We have to track the Fed. They either don't know the first thing about it or are liars. |
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Post by steppenwolf on Sept 2, 2024 6:32:20 GMT
I found it informative and enjoyable and, I suspect, largely accurate. It’s the only political book I’ve read in ages. I was initially surprised that a person so devoid of common sense and thinking could fill 384 pages. But now I find it incredible she got so much support… The reason that Truss got booted out was purely and simply because she went against the "Blob". She sacked Tom Scholar who was chief of the Treasury and she refused to get the OBR's opinion on her mini-budget because she wanted to create growth and they were anti-growth. But they then briefed against her and the civil service dug their heels in and refused to cooperate. Also Sunak briefed against her in the City because he wanted to be PM. When you actually look at what Sunak eventually did he did all the things that Truss was going to do with the exception of ditching the 45% tax rate - but that would have cost less than £2 billion, and may even have pulled in more tax. Sunak also said that Truss's budget would lead to interest rates of 6% - but we got those under SUnak too. The basic lesson of Truss's premiership was that, if you want to do anything the Blob doesn't like, you'd better watch your back or you'll get stabbed. And if the shady figures in the Tory party don't want you as PM they'll get rid of you. It was the Tory party members who wanted Truss but the Tory party itself doesn't give a shit about its members - and they wanted Sunak. Well look how that turned out. |
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Post by Pacifico on Sept 2, 2024 7:02:51 GMT
I bet it didn't mention the fact that the Tories went against Conservativism and the leader** they did choose worked against what the party was elected to do. ** Which one — they had five: one ratted, the next was incompetent, the following affable rogue lied and partied, the next crashed the country, and the last, though clued up on finance, didn’t understand the country as was unschooled in politics… Oh don't be daft Pat, she did nothing of the sort..   |
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Post by Pacifico on Sept 2, 2024 7:18:52 GMT
patman post I can quite understand why pat states that such revelations are informative. I don't believe a sufficient number of the public grasp how constrained a Government is, and the tight parameters that it must not tread outside of, before those with the power to do so can trigger a 'collapse' or a 'crash' if Governmental decisions and policy do not appear favourable to the existing investments the big financial powers hold. Even today there are headlines such as 'UK faced economic crash if winter fuel payment was not axed, Powell says' indicating that Big Finance can bring it all crashing down around your ears, or at least threaten to do so, unless policy finds favour with them. The limited room for manoeuvre afforded to our elected Governments needs to be understood ..... and whether Labour's swift willingness to wave the white flag in the direction of global finance is pragmatic, cowardly, or a bit of both, is open to opinion.
link - Economic Crash and run on the pound if Pensioners Winter Fuel Payments Not AxedThat is nonsense - It's possible to make a case for means-testing winter fuel payments, but claiming this was necessary to prevent a run on the pound is just daft. |
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Post by johnofgwent on Sept 2, 2024 7:28:17 GMT
Interesting
As I have pointed out before,within hours of becoming aware Liz Truss had written a book describing her time in Number Ten, the hard left labour council controlled library had a copy available as an e-book to borrow and read. I was its first borrower. I recognised immediately from my own personal dealings with the civil service the issues she faced getting policy through the impenetrable left leaning establishment
Strangely, this piss take of her time is nowhere to be seen in the public library catalog.
If it were, i'd download it
Why would it not be abailable i wonder ??
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Post by Baron von Lotsov on Sept 2, 2024 8:07:24 GMT
I found it informative and enjoyable and, I suspect, largely accurate. It’s the only political book I’ve read in ages. I was initially surprised that a person so devoid of common sense and thinking could fill 384 pages. But now I find it incredible she got so much support… The reason that Truss got booted out was purely and simply because she went against the "Blob". She sacked Tom Scholar who was chief of the Treasury and she refused to get the OBR's opinion on her mini-budget because she wanted to create growth and they were anti-growth. But they then briefed against her and the civil service dug their heels in and refused to cooperate. Also Sunak briefed against her in the City because he wanted to be PM. When you actually look at what Sunak eventually did he did all the things that Truss was going to do with the exception of ditching the 45% tax rate - but that would have cost less than £2 billion, and may even have pulled in more tax. Sunak also said that Truss's budget would lead to interest rates of 6% - but we got those under SUnak too. The basic lesson of Truss's premiership was that, if you want to do anything the Blob doesn't like, you'd better watch your back or you'll get stabbed. And if the shady figures in the Tory party don't want you as PM they'll get rid of you. It was the Tory party members who wanted Truss but the Tory party itself doesn't give a shit about its members - and they wanted Sunak. Well look how that turned out. Replace blob with US and I would entirely agree with you. |
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Post by Hutchyns on Sept 2, 2024 8:15:27 GMT
Pacifico Comedy gold from the Starmer Administration that I couldn't help bringing to the attention of the Forum  . And a cap doff to the Daily Express who have spotted its potential for giving their readership a chuckle on a grey Monday morning. Nice one Lucy !  |
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Post by steppenwolf on Sept 3, 2024 8:11:25 GMT
As Dan Hannan said a few weeks ago, the black hole is entirely of Labour's making. Since coming to power a few weeks go they've spent £8 billion on Millipede's "Great British Energy" - which is an energy company that generates no energy. Millipede's also spent £12 billion on "overseas climate aid" - I've no idea what this is. And they've spent £14 billion on public sector pay increases - basically paying train drivers £70k to sit in a train that is perfectly capable of being made autonomous, probably more safely.
So it does beggar belief that that Ms Powell thinks that there would be a run on the pound if they didn't retain the pensioners winter fuel payment, which costs £1.5 billion.
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. And a cap doff to the Daily Express who have spotted its potential for giving their readership a chuckle on a grey Monday morning. Nice one Lucy !