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steeleye20 Croydon 16 May 17 10.26pm | |
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Originally posted by hedgehog50
It is a fact that Corbyn has appointed Andrew Murray to a leadership role in his campaign team. Murray was a member of the Communist party until December 2016. Do you expect us to believe any 'source's and 'facts' that he comes out with given the well known relationship of communists to truth. I don't have any problem with communists becoming labour or ukip people becoming tory. Tired old philosophies of left and right dump them.
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Hrolf The Ganger 16 May 17 10.29pm | |
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Originally posted by CambridgeEagle
Boris Johnson, IDS, Liam Fox, David Davis, Gove, Jeremy C*nt, Leadsom, Grayling. Loathsome and damaging You don;t really want a head to head comparison with the shadow cabinet do you? Emily 'Bollocks' 'White van man' Thornberry, John 'apologist' McDonnell, Diane 'Blue Eyed Nurses' Abbott, Angela 'I bottled it' Eagle, Andy 'I love myself' Burnham and let's not forget good old 'No Nukes' Jezza himself. What a scary bunch.
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.TUX. 16 May 17 10.55pm | |
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Originally posted by Hrolf The Ganger
What pitiful situation? We own nothing but owe much.
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hedgehog50 Croydon 16 May 17 11.37pm | |
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Originally posted by steeleye20
I don't have any problem with communists becoming labour or ukip people becoming tory. Tired old philosophies of left and right dump them.
Well you should. Most of the electorate will.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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nickgusset Shizzlehurst 16 May 17 11.51pm | |
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Attention students...
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matt_himself Matataland 17 May 17 4.52am | |
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Excellent analysis of the Labour manifesto by the Resolution Foundation, which are hardly an alt right mouthpiece:
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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croydon proud Any european country i fancy! 17 May 17 8.05am | |
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Cameron, Osborne, their glamorous chum and the great uber stitch- up! Conservative prime minister, conservative chancellor and conservative mayor of London! (Revealed:the disturbing links between No.10 and the online taxi firm sweeping britain,and guess what,,,,one of its major investors now has the ex -chancellor on its payroll! Daily mail, march 25, scary reading from the mail itself, corruption at the very very top!
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matt_himself Matataland 17 May 17 8.47am | |
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Originally posted by croydon proud
Cameron, Osborne, their glamorous chum and the great uber stitch- up! Conservative prime minister, conservative chancellor and conservative mayor of London! (Revealed:the disturbing links between No.10 and the online taxi firm sweeping britain,and guess what,,,,one of its major investors now has the ex -chancellor on its payroll! Daily mail, march 25, scary reading from the mail itself, corruption at the very very top! Are you a taxi driver?
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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croydon proud Any european country i fancy! 17 May 17 8.55am | |
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Originally posted by matt_himself
Are you a taxi driver? Yes matt, among other stuff, that was unbelievable what cameron did and i feel for my collegues who dont have the other stuff to fall back on
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CambridgeEagle Sydenham 17 May 17 9.14am | |
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Originally posted by Y Ddraig Goch
I looked at this when you said this previously. There is an element of pedantry as a country can default which by and large is similar. If it happens its doesn't matter what it is called it is a Lorry load of pain
The point you're making is really one relating to a situation where the pound is overvalued and the currency massively devalues, which effectively makes the pound cheaper and as we saw in the early 90s causes capital flight and usually a recession. It's not the same thing. If you look at Japan they have debt at over 230% of their GDP (more than double ours) and they can borrow at lower rates than our government. While borrowing cannot be extended forever we still have the capacity and ability to borrow to invest in the UK. The government can issue long term gilts at very low rates of interest and even index linked bonds at low rates. Now is the time to invest in our economy. Instead of worrying about a bankrupt government, we should be focused on employment and inflation and how best to spend as much money as we need to put people to work without causing inflation, which is the real worry (not bankruptcy). There is still significant spare capacity in our economy and a savings glut with the private sector reluctant to invest. The recent growth we've seen has been from credit backed consumer spending. A very dangerous state of affairs. Consumers, by the way, can go bankrupt.
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Rudi Hedman Caterham 17 May 17 9.48am | |
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The economy relying on consumer spending and everyone going crazily spending in shopping centres was what we warned of in 2008. A few years later the economic correspondents are hailing the growth on the high street. Idiots. I'm not saying we should wear old leather waistcoats and check shirts, operating under maximum efficiency 24/7 as the Germans did, and some probably still wear their sex pest clobber, but there are extremes. High productivity vs high indulgence in credit and imported stuff. ''Buying stuff. The uk's favourite pastime.'' Andrew Marr's final comment on the history of Britain.
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.TUX. 17 May 17 10.21am | |
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The FTSE-100 stock market index hits an all-time high of 7454, simultaneously the British government releases statistics showing that debt judgements and bankruptcy filings across the UK soared 35% in the first quarter of 2017 to the highest level in a decade. British consumers are on a debt binge, borrowing (and now defaulting) at record levels. 'Strong and stable'?
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