Monday 17th October 2022

[refitman]

Morning all.

[frog222]

Morning refit

[frog222]

So will she stay, as a Hunt-puppet who nevertheless still has responsibility for that much-vaunted nuclear arsenal ?

Remembering that she'd have absolutely no hesitation about pushing the button ?

[RogerOThornhill]

Good morning.

Great thread...

[frog222]

Good morning.
Great thread...

I'm guessing this one will be about a 'turning point' in history where the extreme RW are shown up for the scum they are ?

Well one can hope, off to read the unroll

[gilsey]

The free financial markets destroyed the Free Marketeers.

Who knew we'd have something to thank them for?

The latter will be turning up again like bad pennies tho, I expect.

[frog222]

The additional comments downthread are fun too , such as the recent sobering-up of some acolytes like Mad Steve Baker ....

[frog222]

The free financial markets destroyed the Free Marketeers.
Who knew we'd have something to thank them for?
The latter will be turning up again like bad pennies tho, I expect.

They always do, we sure ain't reached the 'End of History' !
( See Modern Nazism/Fascism for that)

[AnatolyKasparov]

As with communism, the new excuse will be "it was never tried *properly*" - a few people are pushing this line already.

[gilsey]

Being driven by the free markets instead of the Free Marketeers looks like this.

Cutting governent spending and lifting taxes may calm the markets, but it will also push the UK into a deeper downturn.

Kit Juckes, currency expert at French bank Société Générale, says that once the market volatility has receded, we’ll be left with “recession, austerity, higher rates and a lingering sense that this sterling crisis, more than its predecessors, was homemade and avoidable”.

Juckes adds:

Jeremy Hunt will give a statement on fiscal policy at 11 am, before speaking to Parliament this afternoon. He hopes to deliver a clear message that stabilises the gilt market and restores confidence. The measures will include spending cuts and tax increases, which will deepen the economic downturn. That should result in lower gilt yields and a lower peak in policy rates than markets currently discount (implausibly, above 5%).

More importantly perhaps, lower rates (along the length of the curve) would result in lower debt interest costs and improve the OBRs assessment of the long-term outlook. Let’s hope he doesn’t disappoint.

So this guy will be disappointed if we don't have a recession?

[frog222]

@gilsey But it'll be a healthy recession ! For a few ...

gilt yield curve positive at the mom

2y 3.40% up to 30y 4.40%

https://www.bloomberg.com/markets/rates ... t-bonds/uk

[gilsey]

allocating spending to protect key services and finding sustainable revenue streams to support that

My dream.

[frog222]

kumano 4 minutes ago

Guardian Live are holding a panel discussion tonight on the subject of whether Liz Truss can survive. It starts at 8pm

Firstly the answer is No, secondly at this rate she may well already be gone by then, so I'd suggest thinking of something else to chat about just in case

[AnatolyKasparov]

She likes humiliation you know, still suspect she might have to be forced out.

[RogerOThornhill]

Someone on that Twitter said that all Starmer has to do on Wednesday at PMQs is ask "Why are you still here?"

[RogerOThornhill]

C'mon, really?

[gilsey]

[gilsey]

C'mon, really?

Very, very suspicious of Mordaunt's intentions whilst fully accepting that she's far, far better than Truss at public speaking.

Which is the main reason Truss shouldn't allow it. Demonstrates that she's been given no choice?

[RogerOThornhill]

I see that Emma Dent Coad has been prevented for standing again in Kensington & Chelsea.

I'm assuming this is to block anyone who supported Corbyn...

[frog222]

C'mon, really?

Very, very suspicious of Mordaunt's intentions whilst fully accepting that she's far, far better than Truss at public speaking.

Which is the main reason Truss shouldn't allow it. Demonstrates that she's been given no choice?

I'm SURE Mordaunt is in cahoots with dark money particularly on those 'autonomous' enterprise zones, but nothing on a quick search .
Found this inconclusive one--


I'd say a far more dangerous article than the Truss ?

[AnatolyKasparov]

I see that Emma Dent Coad has been prevented for standing again in Kensington & Chelsea.

I'm assuming this is to block anyone who supported Corbyn...

She has some "history" - notably "foot in mouth" gaffes - apart from that tbf. Her defeat last time was incredibly sad - one of *the* most unjust results of all in even that election - but you do wonder if she would still have the whip now if she had been returned then.

[refitman]

I see that Graham Norton has been driven off Twitter by the Terfs, for having the temerity to suggest listening to trans people, when it comes to trans issues. Graham Linehan even called him "homophobic"?!

[refitman]

They've dressed the lettuce, and not with oil & vinegar

[AnatolyKasparov]

I see that Graham Norton has been driven off Twitter by the Terfs, for having the temerity to suggest listening to trans people, when it comes to trans issues. Graham Linehan even called him "homophobic"?!

Linehan is someone who should stay off Twiiter for good, for his own benefit as well as everyone else's.

[RogerOThornhill]

So the 'urgent business' that kept La Truss from answering the UQ was a meeting with Graham Brady?

Pre-arranged apparently but even so. That must have been...interesting.

[gilsey]

Dec 2021

Minister Mordaunt speech at the Carter Center, Atlanta, Georgia

In the 2016 EU referendum we started a process that would spark argument, placards, parliamentary turmoil, court cases and two early general elections.

The UK decided that it wished to leave a trading bloc with whom it had been enjoying near frictionless trade in goods for 43 years,

and 4 years after that vote, despite all the difficulties of doing so, we did indeed leave.

The political dramas and negotiations were nothing compared to the massive effort needed from our civil servants to reinvent our border, transpose the statute book and get every business in the land prepared for several eventualities.

What sort of country does that? Why upset the status quo? Why risk upsetting friends and neighbours?

Why indeed.

She does know that, six years on, we still haven't reinvented our border?

She's as mad as Truss, just looks sane.

[tinyclanger2]

"as loving generous and tolerant as Clangers"

[RogerOThornhill]

I notice that The Guardian had an article about the Casey report on the Met.

https://www.theguardian.com/uk-news/202 ... nds-review

It was the defensiveness and widespread perception that the previous Commissioner Cressida Dick was in denial that led to her ousting in February.

The Guardian understands Rowley was aware while Dick was commissioner that the things were going badly wrong in the Met. He said the Casey report highlighted failings, prejudice and corruption worse than he feared.

The London mayor, Sadiq Khan, who ousted Dick believed she lacked a robust enough plan to deal with scandals engulfing the force, said: “I was concerned that a serious cultural problem had developed within the Met which was allowing racist, sexist and homophobic behaviour to be downplayed or left unchallenged. The interim findings of this review not only confirm my concerns, but reveal a situation even worse than feared.”

Hmm...now what were people saying about Sadiq Khan making Dick's position untenable again?

It makes that report into the way Khan handled it maybe a little premature and biased?

[RogerOThornhill]

So the 'urgent business' that kept La Truss from answering the UQ was a meeting with Graham Brady?

Pre-arranged apparently but even so. That must have been...interesting.

Oh.

[gilsey]

Before I forget, Charles Walker on Ch4 News said we shouldn't have a GE because the polls are so bad, it's important to have a strong opposition.


https://www.channel4.com/news/conservat ... ys-tory-mp