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Post by northwestman on Aug 4, 2022 9:40:58 GMT 1
www.theguardian.com/commentisfree/2022/aug/04/rishi-sunak-lis-truss-bank-of-england-lying-uk-economy-weak-riggedThe politicians are perpetrating the same scam as the interest rate-setters, bluffing they can get the old economic machinery working like before just by pulling this or that lever. Yet whether in Westminster or the City, both sides are flogging false optimism – and they know it. Over the past 50 years, almost every government has overseen lower economic growth than its predecessor – even as it has promised the opposite. That’s according to figures produced for this column by Kevin Albertson, a professor of economics at Manchester Metropolitan University. He analysed national income per person, adjusted for inflation, and then calculated a yearly rate of GDP growth for each prime minister. The end results are the sort of ugly truth Britain badly needs. Even in this Tory leadership contest, Margaret Thatcher has been ordained as the prime minister who saved Britain’s economy. The reality is that economic growth during her reign was lower than under Harold Wilson and Jim Callaghan. Then came Tony Blair, who by 2005 was still promising “New Labour, New Prosperity”, even while his government underperformed Thatcher’s. Blair also claimed “our economy is stronger and more stable than for generations”, which sounded laughably hollow two years later when Northern Rock fell over and the credit crisis began. Still, David Cameron did little better and Theresa May’s administration was truly abysmal. If politicians keep peddling falsehoods about their strong and stable governments delivering a boom, then they can’t blame voters if they call them liars – and opt to listen to rather more entertaining fibbers with more spectacular stories to tell. The kind of yarn-spinners with whom they wouldn’t mind having a pint. That, you may recall, is partly how we ended up with Farage and Johnson in the first place. And it is a sure way of bringing on their successors.
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Post by armchairfan on Aug 4, 2022 9:46:11 GMT 1
That comment was probably a crass ill-advised "off-the-cuff" remark, and, as one who was there, can confirm that it did not meet with universal approval - a classic case of failure to engage brain before opening one's mouth! |
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Post by staffordshrew on Aug 4, 2022 10:27:39 GMT 1
That comment was probably a crass ill-advised "off-the-cuff" remark, and, as one who was there, can confirm that it did not meet with universal approval - a classic case of failure to engage brain before opening one's mouth! How did Sunak perform? Are the members feeling pushed into voting Truss by papers like the Mail and the Telegraph? Is Truss just a say anything to get into power type?
I still feel it's a problem that the only alternative to "steady as you go" is a "loose cannon".
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Post by armchairfan on Aug 4, 2022 10:42:43 GMT 1
That comment was probably a crass ill-advised "off-the-cuff" remark, and, as one who was there, can confirm that it did not meet with universal approval - a classic case of failure to engage brain before opening one's mouth! How did Sunak perform? Are the members feeling pushed into voting Truss by papers like the Mail and the Telegraph? Is Truss just a say anything to get into power type?
I still feel it's a problem that the only alternative to "steady as you go" is a "loose cannon".
Purely from my viewpoint, Rishi Sunak made his case adequately and level-headedly, whereas Liz Truss succumbed to the temptation of serving up large portions of red meat.....for electing a party Leader, I can understand that, but we are effectively electing the next PM, which is an entirely different matter. Regrettably, neither candidate even mentioned the essentially non-democratic nature of this whole election, given that Tory members are hardly a representative bunch of electors; one guy actually asked about " democracy" in the UK, but the irony was clearly lost on him, and neither did Liz Truss, at whom the question was directed,pick up on it. |
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Post by ssshrew on Aug 4, 2022 13:36:14 GMT 1
It will be interesting to see what they come up with following today’s interest rise statement.
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Post by northwestman on Aug 4, 2022 15:28:16 GMT 1
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Post by northwestman on Aug 4, 2022 15:51:09 GMT 1
and from Sunak:
In response to the Bank of England’s interest hike, Rishi Sunak said he would “prioritise gripping inflation, growing the economy and then cutting taxes”.
The former chancellor said it was “imperative that any future government grips inflation, not exacerbates it”.
Sunak added:
Increasing borrowing will put upward pressure on interest rates, which will mean increased payments on people’s mortgages. It will also make high inflation and high prices last for longer, making everyone poorer.
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Post by ssshrew on Aug 4, 2022 15:51:21 GMT 1
Well it’s one way to divert from the problems- shoot the messenger.
Reply re Truss.
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Post by northwestman on Aug 4, 2022 17:42:24 GMT 1
Labour has called for an investigation into claims Liz Truss broke strict spending rules by failing to declare thousands of pounds spent on a champagne dinner attended by Conservative MPs. The Tory leadership frontrunner is under pressure to answer questions over a “Fizz with Liz” event held last October at a private members’ club in Mayfair, London, reportedly paid for by the millionaire businessman Robin Birley. According to the Independent, about a dozen Tory MPs are said to have attended the function – reportedly worth £3,000. It said Truss’s office sent an invitation to MPs. Truss is now facing questions about why she did not declare the thousands of pounds worth of hospitality spent on the event. MPs are required to declare to parliament’s register of interests any gifts worth more than £300, including hospitality. Truss’s team told the paper that it was “not organised for her, on her behalf or by her”. But this account was disputed by other MPs present who told The Independent that they had been invited by Ms Truss, and that she was the host and not Mr Birley, who “turned up briefly to say hello”. Truss has “serious questions” to answer about the event, according to the Labour deputy leader, Angela Rayner, and the shadow Commons leader, Thangam Debbonaire. By using parliamentary paper and explicitly inviting colleagues within her capacity as an MP via her parliamentary email address, Ms Truss’s event clearly falls under the transparency requirements of the Members Code of Conduct. www.independent.co.uk/news/uk/politics/liz-truss-fizz-champagne-dinner-donations-investigation-b2138193.html |
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Post by ssshrew on Aug 4, 2022 17:59:03 GMT 1
 !! |
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Post by cabanas2017 on Aug 4, 2022 18:25:52 GMT 1
Personally I think Labour need to exert more effort into voicing what they will do and their policies to counter the Conservative government, all too easy to continue to dig up dirt…..It won’t win a majority next election
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Post by northwestman on Aug 5, 2022 18:49:25 GMT 1
www.theguardian.com/politics/2022/aug/05/video-emerges-of-rishi-sunak-admitting-to-taking-money-from-deprived-areasRishi Sunak has admitted taking money from deprived urban areas in order to give it to other parts of the country. The former chancellor, who is standing to be prime minister, made the claim last month while speaking to Conservative party members in Tunbridge Wells, Kent. In footage obtained by the New Statesman, Sunak said: “I managed to start changing the funding formulas to make sure areas like this are getting the funding they deserved. “We inherited a bunch of formulas from Labour that shoved all the funding into deprived urban areas and that needed to be undone. I started the work of undoing that.” Tunbridge Wells has a Tory majority of 14,645 and has been held by the party since the constituency was created in 1974. An analysis by the Guardian in February found that, under Boris Johnson’s “levelling up” agenda, some of the wealthiest parts of England, including areas represented by government ministers, were allocated 10 times more money per capita than the poorest. The government was criticised last year for the terms of the levelling up fund, after it emerged that dozens of Conservative regions were placed in the top tier for assistance, despite their relative affluence. Ministers responded to the backlash by saying they “did not have any of the political influence” suggested and had left the scheme in the hands of civil servants. In 2020, Robert Jenrick, the then communities secretary, admitted that he and a junior minister approved payments to towns in each other’s constituencies from another government fund earmarked for deprived areas. Jake Berry, the chair of the Northern Research Group of Tory MPs, said that in public Sunak “claims he wants to level up the north, but here, he boasts about trying to funnel vital investment away from deprived areas”. And who was the junior minister who colluded with Jenrick in approving payments to towns in each other's constituencies?. It was Jake Berry. Bloody hypocrite. www.theguardian.com/politics/2020/oct/11/robert-jenrick-admits-approving-funds-for-town-in-jake-berrys-constituency
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Post by staffordshrew on Aug 5, 2022 20:46:17 GMT 1
So, based on the recent posts that Liz Truss didn't host a champagne dinner attended by Conservative MPs, her office just sent out the invites and that Sunak has been robbing the poor to give to the rich, Conservative party members are tasked with choosing their next leader and our next PM. I'm glad I won't be involved...
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Post by ssshrew on Aug 5, 2022 21:14:49 GMT 1
Sadly though we will be involved as we will be stuck with whichever of the terrible two wins.
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Post by armchairfan on Aug 6, 2022 18:15:59 GMT 1
So, based on the recent posts that Liz Truss didn't host a champagne dinner attended by Conservative MPs, her office just sent out the invites and that Sunak has been robbing the poor to give to the rich, Conservative party members are tasked with choosing their next leader and our next PM. I'm glad I won't be involved... I too am glad about your non-involvement....lol |
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Post by staffordshrew on Aug 7, 2022 8:44:36 GMT 1
So, based on the recent posts that Liz Truss didn't host a champagne dinner attended by Conservative MPs, her office just sent out the invites and that Sunak has been robbing the poor to give to the rich, Conservative party members are tasked with choosing their next leader and our next PM. I'm glad I won't be involved... I too am glad about your non-involvement....lol With the binary choice Conservative MPs have presented you with would it really matter? The choice is just Dumb and Dumber. There won't be any Russian involvement in trying to rig this election because either way Russia wins. |
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Post by martinshrew on Aug 7, 2022 9:16:16 GMT 1
I too am glad about your non-involvement....lol With the binary choice Conservative MPs have presented you with would it really matter? The choice is just Dumb and Dumber. There won't be any Russian involvement in trying to rig this election because either way Russia wins. For you and others it would be dumb, dumb, dumb, dumb or dumber, it doesn't matter how many candidates. |
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Post by northwestman on Aug 7, 2022 9:16:46 GMT 1
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Post by martinshrew on Aug 7, 2022 9:25:54 GMT 1
I think plenty realise there's an element of economic migration. |
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Post by staffordshrew on Aug 7, 2022 9:44:35 GMT 1
With the binary choice Conservative MPs have presented you with would it really matter? The choice is just Dumb and Dumber. There won't be any Russian involvement in trying to rig this election because either way Russia wins. For you and others it would be dumb, dumb, dumb, dumb or dumber, it doesn't matter how many candidates. I did post, many posts ago, that my choice was Nadim Zahawi, then, when he was ejected from the process, Penny Mordaunt.
The two that are left are so uninspiring it makes people want to forgive Boris. |
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Post by northwestman on Aug 7, 2022 9:48:01 GMT 1
For you and others it would be dumb, dumb, dumb, dumb or dumber, it doesn't matter how many candidates. I did post, many posts ago, that my choice was Nadim Zahawi, then, when he was ejected from the process, Penny Mordaunt.
The two that are left are so uninspiring it makes people want to forgive Boris. Zahawi seems to be involved in tax avoidance and questionable property deals. www.independent.co.uk/news/uk/politics/nadhim-zahawi-finances-wealth-tax-b2120511.htmlMordaunt seems to have ditched all her principles in order to seek a place in Truss's Cabinet. At one point Trade Secretary Anne-Marie Trevelyan, a Truss supporter who is Ms Mordaunt’s boss, went live on the radio to suggest she was lazy. |
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Post by staffordshrew on Aug 7, 2022 9:52:17 GMT 1
Does Britain have a generous asylum system? More so than other better off European countries? If it does then I'm very surprised with Priti Patel in charge, she's obviously failed if that's the case and destined to lose her job under the next PM. |
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Post by staffordshrew on Aug 7, 2022 10:00:02 GMT 1
I did post, many posts ago, that my choice was Nadim Zahawi, then, when he was ejected from the process, Penny Mordaunt.
The two that are left are so uninspiring it makes people want to forgive Boris. Zahawi seems to be involved in tax avoidance and questionable property deals. Mordaunt seems to have ditched all her principles in order to seek a place in Truss's Cabinet. Tax avoidance makes you astute, tax evasion makes you a crook - he'd be ideal as the next Chancellor if he closes some of those tax loopholes he knows about. Maybe the same for property dealing - "set a property dealer to catch a property dealer".
Mordaunt: Very disapponted, why Truss for goodness sake - after all she said about her in the early days of the contest. As for a Truss supporter suggesting she was lazy, well she would say that, wouldn't she?
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Post by Exkeeper on Aug 7, 2022 17:53:44 GMT 1
Not my Party but it will affect me and all other residents of the United(?) Kingdom but my hope was that they would put the lies behind them. Unfortunately these two seemed to be tarred with the same btush as Johnson.
After watching Truss squirming when asked straight forward questions by tv interviewers, the nickname she has acquired in some circles seems very apt - Thick Lizzie.
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Post by Worthingshrew on Aug 7, 2022 18:29:14 GMT 1
Does Britain have a generous asylum system? More so than other better off European countries? If it does then I'm very surprised with Priti Patel in charge, she's obviously failed if that's the case and destined to lose her job under the next PM. It’s one of life’s mysteries how Patel has held on to her job for so long. Failed in her long stated objective to solve the asylum crisis. Her role in cabinet must have been to make Boris and the others look competent. |
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Post by ssshrew on Aug 7, 2022 18:33:42 GMT 1
As far as I am concerned she’s failed in that too.
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Post by northwestman on Aug 7, 2022 19:44:03 GMT 1
www.theguardian.com/politics/2022/aug/07/penny-mordaunt-denies-liz-truss-is-ruling-out-more-help-for-poor-this-winterLiz Truss was accused of making a second major U-turn within a week, after her campaign tried to play down suggestions there would be no “handouts” to help millions of struggling people through an already worsening cost of living crisis this winter. Having been forced to abandon plans to cut public sector pay for roles outside London and the south-east, a senior Truss supporter was dispatched over the weekend to temper comments she made about emergency support payments given rising energy costs. The row was over an interview Truss gave to the Financial Times on Friday, in which she said she would “look at what more can be done” in the light of warnings from the Bank of England about a 15-month recession and double-digit inflation lasting well into 2023. However, she added: “The way I would do things is in a Conservative way of lowering the tax burden, not giving out handouts.” Penny Mordaunt, who was narrowly beaten by Truss in the penultimate stage of the Tory leadership race and now is backing the foreign secretary, said she had been misinterpreted. “It’s not that she’s ruling out all future help,” the trade minister told Sky News. “What she is looking at, though, is enabling people to keep more of the money that they earn. “It makes no sense to take money off of people and then to give it back in very, very complicated ways. We need to simplify this and we need to ensure that households are as resilient as possible and stopping taking large sums of tax from people is one way of doing that.” But a source within Sunak’s team said Truss was “cut and pasting her own U-turns” by announcing something “in black and white”, before claiming it had been misunderstood, and then getting allies to “poop scoop the next day”. “Stop blaming journalists (again) – reporting what you actually say isn’t ‘misinterpreted’,” tweeted Mark Harper, a former chief whip. “2nd time in just 5 days. This kind of thing happened under the current PM & hugely damaged trust in us all.” Mordaunt should be ashamed of herself defending that, but no doubt is looking forward to a position in Truss's Cabinet.
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Post by kenwood on Aug 8, 2022 8:43:30 GMT 1
I did post, many posts ago, that my choice was Nadim Zahawi, then, when he was ejected from the process, Penny Mordaunt.
The two that are left are so uninspiring it makes people want to forgive Boris. Zahawi seems to be involved in tax avoidance and questionable property deals. www.independent.co.uk/news/uk/politics/nadhim-zahawi-finances-wealth-tax-b2120511.htmlMordaunt seems to have ditched all her principles in order to seek a place in Truss's Cabinet. At one point Trade Secretary Anne-Marie Trevelyan, a Truss supporter who is Ms Mordaunt’s boss, went live on the radio to suggest she was lazy. Anne Marie Trevelyan , what a fine upstanding individual she is. Claims thousands in expenses for a property when she already has a property in London which she doesn’t use? Denies global warming, supports fracking and opposes the ban on fox hunting. Her recent claim to fame was to excuse herself from a parliamentary committee who were due to criticise her , she just didn’t turn up. How people like this woman get to be in government is beyond me . I suppose you could say the same about loads of MP’s but she seems to be particularly odious . |
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Post by staffordshrew on Aug 8, 2022 9:23:45 GMT 1
Anne Marie Trevelyan , what a fine upstanding individual she is. Claims thousands in expenses for a property when she already has a property in London which she doesn’t use? Denies global warming, supports fracking and opposes the ban on fox hunting. Her recent claim to fame was to excuse herself from a parliamentary committee who were due to criticise her , she just didn’t turn up. How people like this woman get to be in government is beyond me . I suppose you could say the same about loads of MP’s but she seems to be particularly odious . From the little I know of Penny Mordaunt, she only became my choice after Zahawi left the Big Brother house of candidates, I think of Penny M as the opposite of A-M T. Straighter, but nieve, for example supporting the dreadful Truss now. Lazy, maybe, but so was Boris - aren't we all. The Anne-Marie T put down of PM was such an obvious piece of back stabbing that all it did was show Anne-Marie T up for what she is. As for the latest "misrepresented" defence of Truss' words, do we really want a PM who isn't clear in their policies and intentions? Truss could get us into an awful lot of trouble with world leaders, not least Putin, having a mouth that moves before the mind works. |
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Post by northwestman on Aug 8, 2022 9:50:09 GMT 1
Anne Marie Trevelyan , what a fine upstanding individual she is. Claims thousands in expenses for a property when she already has a property in London which she doesn’t use? Denies global warming, supports fracking and opposes the ban on fox hunting. Her recent claim to fame was to excuse herself from a parliamentary committee who were due to criticise her , she just didn’t turn up. How people like this woman get to be in government is beyond me . I suppose you could say the same about loads of MP’s but she seems to be particularly odious . In April 2018, Trevelyan was criticised by the Alnwick Labour Party in the wake of the Poisoning of Sergei and Yulia Skripal over claims that a Russian businessman gave almost £50,000 to fund her 2015 general election campaign. The Labour Party questioned why the Conservative Party was accepting large donations from such sources. Trevelyan stated that the man in question was now a British citizen who had invested significantly in the region, while she had personally not received any funds from Alexander Temerko, with funds going to the Berwick-upon-Tweed Conservative Association. Wiki. www.northumberlandgazette.co.uk/news/mp-responds-aps50000-election-donation-claims-400106Mordaunt won't have enamoured herself to Trevelyan by taking this stance either: www.theguardian.com/politics/2022/mar/11/penny-mordaunt-suggests-colleagues-should-not-take-funds-tory-donor-alexander-temerkoPenny Mordaunt has suggested her colleagues should stop taking funds from Alexander Temerko, a major party donor who described her as an “absolutely uncontrollable woman” and “threat to national security”. Mordaunt, a trade minister, said she had no issue with colleagues who have historically accepted money from Temerko but said everyone should be aware now how he has treated her. The row between Temerko and Mordaunt arose after the government blocked an application by his company, Aquind, to build a subsea electricity cable between France and the UK. Mordaunt, whose Portsmouth constituency would have been affected, campaigned against the £1.2bn project. Temerko last donated to the party last year but he has recently socialised with Conservatives, including having dinner with the former cabinet minister Jeremy Hunt, and meeting a cabinet minister in the House of Lords. Temerko is also a friend of Boris Johnson and is known to refer to him as Sasha, after Johnson’s real first name, Alexander. Together, Aquind and its co-owner Temerko have donated £1.1m to the Tory party, including contributions to 21 Tory MPs and ministers. |
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