horsechoker
The Caf's Ezza.
He's a relic from a bygone era. Explains why his kids are Liverpool fans I guess.
But wouldn't the joke be more appropriate for United?
He's a relic from a bygone era. Explains why his kids are Liverpool fans I guess.
They enjoy football as much as I enjoy documentaries about Edwardian Textile Manufacturing, which is probably more their sort of thing.He's a relic from a bygone era. Explains why his kids are Liverpool fans I guess.
I genuinely have no idea where you are getting those figures from. According to any reliable source I can find (ONS, Bloomberg, FT) the deficit was 9bn at the beginning of the 1997 year (~6b at election time), then +1 in 1998 and reached +16 in 2000 before swinging very quickly back to an even larger deficit, accompanied by a 20-30% increase in public sector employment.
As for what did Blair's government do to deregulate the market? The FSA was effectively created to allow finance to regulate themselves, ie not regulate themselves at all. Most of the board were ex-finance and the employees were well known for not having a clue about the financial products they were supposed to be controlling. It was a calculated move to let the banks fund the massive spending plans.
Anyway, that's enough of this for me. You need to read something other than The Guardian for a change.
The office of Rees-Mogg has released a copy of the letter they sent to Liverpool F.C. after his family's recent visit to watch their beloved team play.
'Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons and family requests that Liverpool Football Club change the following erroneous terminology that was encountered during their recent visit;
The grammatical error in the term "Anfield" must be corrected to "A Field".
Please ensure that all further correspondences contain Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons' full title, which is Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons.'
This publication could not reach Mr Jacamo for a response, so we have stretched our search further anfield.
The office of Rees-Mogg has released a copy of the letter they sent to Liverpool F.C. after his family's recent visit to watch their beloved team play.
'Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons and family requests that Liverpool Football Club change the following erroneous terminology that was encountered during their recent visit;
The grammatical error in the term "Anfield" must be corrected to "A Field".
Please ensure that all further correspondences contain Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons' full title, which is Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons.'
This publication could not reach Mr Jacamo for a response, so we have stretched our search further anfield.
The sixth child is called Sixtus. No really. It's a Slytherin thing I believe.He's got 6 kids so its an effective measure in one regard at least.
The office of Rees-Mogg has released a copy of the letter they sent to Liverpool F.C. after his family's recent visit to watch their beloved team play.
'Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons and family requests that Liverpool Football Club change the following erroneous terminology that was encountered during their recent visit;
The grammatical error in the term "Anfield" must be corrected to "A Field".
Please ensure that all further correspondences contain Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons' full title, which is Jacob William Rees-Mogg Esq., M.P., Leader of the House of Commons.'
This publication could not reach Mr Jacamo for a response, so we have stretched our search further anfield.
Do they actually have hedges in the Alps?I dunno - they all look weird enough to be jacobs
Fecking hell! Doesn't he use a condom?I dunno - they all look weird enough to be jacobs
No, he is ideologically opposed to them.Fecking hell! Doesn't he use a condom?
Why a collation from the treasury figures of course:
I don’t read any papers but clearly you do since all you’ve come up with is soundbites.
As I said in the first post Blair governments didn’t do enough to advance regulation probably because the sector had grown too big and too powerful by that time but they didn’t deregulate that was Thatchers government.
You’re welcome to bring any deregulation they enacted the fact you haven’t so far just goes to show there isn’t any.
I have never heard anyone who didn't think Brown making the Bank of England independent wasn't a step forward before. I daresay you could drag up an article or two supporting the notion but it's about as minority an opinion as you could get really.Well wherever you've found that chart, it's wrong.
I thought it was fairly obvious the creation of the FSA was deregulation, but maybe not. To be more obvious then, eliminating the capital and risk limits put in place in the early 90s that allowed people to get 100%+ mortgages and loans. Reducing the amount of cash banks needed to maintain. Allowing banks to trade massively leveraged products that were being banned everywhere else. Allowing the BoE to independently control interest rates and inflation. I could go on.
I mean when the actual chancellor who did all this comes out and says he regretted allowing so much deregulation, you'd think that would be enough for you...
I have never heard anyone who didn't think Brown making the Bank of England independent wasn't a step forward before. I daresay you could drag up an article or two supporting the notion but it's about as minority an opinion as you could get really.
No, he is ideologically opposed to them.
Well wherever you've found that chart, it's wrong.
I thought it was fairly obvious the creation of the FSA was deregulation, but maybe not. To be more obvious then, eliminating the capital and risk limits put in place in the early 90s that allowed people to get 100%+ mortgages and loans. Reducing the amount of cash banks needed to maintain. Allowing banks to trade massively leveraged products that were being banned everywhere else. Allowing the BoE to independently control interest rates and inflation. I could go on.
I mean when the actual chancellor who did all this comes out and says he regretted allowing so much deregulation, you'd think that would be enough for you...
Yeah sure if you say so.
Capital and risk limits were eleminated by the Thatcher government in the 80s when investments banks were allowed to merge with retail banks which meant they could use customer money as they pleased.
Gordon Brown admitted that he should have regulated banks even more than they did, not that they deregulated them. He said that they thought failure would come from a single institution this is why they set up the FSA to monitor banks individually rather than the system as a whole because they did not understand the global entanglement. This is what I maintained from the first post that they weren't tough enough. George Osborne for the enteirity of his opposition as shadow chancellor was an advocate of deregulation and criticised Labour for being too tough on banks. Imagine if he was chancellor
To spell it out more plainly for you they did not remove regulation (this is what deregulation means), that was done by the Thatcher government, they recognised it as an issue and this is why they set up the FSA however they were not as tough as it was required in introducing further regulation to the sector.
And all those things Thatcher removed were mostly reinstated in the 90s after a series of high profile screw ups. Brown reversed almost all of them.
What are you even talking about what was reinstated and what was reversed? Investment banks were still operating with customers money rather than their own. The housing bubble , one of the biggest contributors to the crash, was also started by Thatchers right to buy. You just keep waffling soundbites with no substance or any shed of proof. Are you Boris Johnson?
I told you to educate yourself with the "Big Bang" as you seem to have no clue especially since you're in the finance industry
Well wherever you've found that chart, it's wrong.
It's a simplified version of the one on the ONS's own website (Chapter 4, figure 4). The absolute figures in Grib's chart are wrong, but then it seems so are yours. The 9.1bn figure is from 1997-98. The 1996-97 figure is listed as £27.7bn. In terms of %gdp net borrowing was still lower than that inherited from the the Major government as late as 2007-08. Here's the chart:
You can download the xls spreadsheet yourself if you want (This is a directly downloadable link).
After things like Barings Bank and the ERM mess a lot of regulations were put in place, and a lot of those were then removed by Brown.
I'm talking about deregulation of the financial markets anyway. You asked for examples, now you've been given them you're waffling on about Thatcher and totally unrelated right to buy schemes. Maybe best to leave it here.
Voters are right to think Tory MPs largely do not care about poorer people or the NHS, according to Dominic Cummings in comments that have emerged from two years ago.
Boris Johnson’s new senior adviser and a key architect of Brexit gave his damning view on Conservative MPs at a conference in 2017, where he said: “People think, and by the way I think most people are right: ‘The Tory party is run by people who basically don’t care about people like me.’
“That is what most people in the country have thought about the Tory party for decades. I know a lot of Tory MPs and I am sad to say the public is basically correct. Tory MPs largely do not care about these poorer people. They don’t care about the NHS. And the public has kind of cottoned on to that.”
Good thing the Greens and Plaid Cymru decided not to field candidates so there was only one remain candidate.
And I can't se a credible policy that the likes of mogg or bone would back that the dup or ken Clarke / hammond would go withThat result reduces Johnson’s majority down to one.
And I can't se a credible policy that the likes of mogg or bone would back that the dup or ken Clarke / hammond would go with
Election called in early September I think to force through a hard brexit on 31st october
Much as it pains Labour to admit if they're polling like that it's hard to justify them standing in some seats considering any election is basically going to be a Remain/Brexit referendum at this point. Especially if they don't want the Lib Dems to prevent them from winning lots of key seats that'll otherwise go to the Tories. Obviously by-elections are unpredictable and it's not one you'd expect Labour to win but those results are utterly pitiful for a party that wants to even campaign for an election on the basis of forming a government.