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Author Topic: Money money money.  (Read 2751 times)

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SydneyRover

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Money money money.
« on August 01, 2019, 01:21:44 pm by SydneyRover »
''Millions are in deep poverty. Meanwhile, Johnson splurges £100m on advertising''

''This week, the Social Metrics Commission released findings that reveal a national poverty crisis. More than 4 million people in the UK are trapped in what the researchers describe as “deep poverty”, meaning their income is at least 50% below the official breadline, locking them into a weekly struggle to afford the basics of life. Seven million people, including 2.3 million children, are affected by what it termed “persistent poverty” – people who are not only enduring poverty now, but who have lived in poverty for at least two of the previous three years''

https://www.theguardian.com/commentisfree/2019/aug/01/deep-poverty-boris-johnson-tories-families



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selby

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Re: Money money money.
« Reply #1 on August 01, 2019, 04:35:35 pm by selby »
  Sid, that is nothing an investment group have made £126 million shorting Aston Martin down from £16 a share to £6 since January, it is the way of the world mate.

SydneyRover

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Re: Money money money.
« Reply #2 on August 01, 2019, 09:54:00 pm by SydneyRover »
  Sid, that is nothing an investment group have made £126 million shorting Aston Martin down from £16 a share to £6 since January, it is the way of the world mate.
I am more concerned about the entrenched and totally unnecessary poverty that is growing by the day under this regime Selby.

SouthStandFan

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Re: Money money money.
« Reply #3 on August 01, 2019, 10:13:26 pm by SouthStandFan »
http://www.nationaldebtclock.co.uk/

What current expenditure would you cut in order to give to those in "poverty", note that the UK's definition of poverty is completely different to the globally recognised level.

I can certainly think of things... but I suspect there are those who would spend spend spend regardless of the issue of our national debt.


wilts rover

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Re: Money money money.
« Reply #4 on August 01, 2019, 10:36:19 pm by wilts rover »
Yes you are correct SSF. One of them has just been elected PM. With around £60m of uncosted spending pledges to add to the £6 billion now to be spent entirely mitigating the effect of his own government's policy.

You won't be seeing that debt go down anytime soon, or any sign of the £340m that was going to the NHS. Austerity ehh.

https://www.theguardian.com/politics/2019/jul/29/boris-johnson-says-hell-spend-but-who-will-pay
https://www.theguardian.com/politics/2019/jul/31/labour-attacks-appalling-waste-as-johnson-adds-2bn-no-deal-brexit-fund

SydneyRover

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Re: Money money money.
« Reply #5 on August 02, 2019, 12:50:55 am by SydneyRover »
http://www.nationaldebtclock.co.uk/

What current expenditure would you cut in order to give to those in "poverty", note that the UK's definition of poverty is completely different to the globally recognised level.

I hope those classed as in ''poverty'' appreciate the difference SSF.

I can certainly think of things... but I suspect there are those who would spend spend spend regardless of the issue of our national debt.

I would not have given tax cuts to the already rich when we have had Austerity running for around 10 years, giving money and opportunity to those that spend every penny every week would mean that 95% + of what they get is returned directly back into the economy.

Why would you reward those at the top end of town that caused the GFC it certainly wasn't the people at the bottom end?

''Hammond’s tax cuts are only making the rich richer – austerity will end when we accept we need to pay more''

https://www.independent.co.uk/voices/philip-hammond-budget-speech-end-austerity-tax-cuts-rich-richer-poor-pay-more-a8608376.html

bpoolrover

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Re: Money money money.
« Reply #6 on August 02, 2019, 03:52:11 am by bpoolrover »
Sydney do you no Jeremy is valued at over 2 million pounds?

SydneyRover

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Re: Money money money.
« Reply #7 on August 02, 2019, 04:10:27 am by SydneyRover »
Sydney do you no Jeremy is valued at over 2 million pounds?

Not sure what that has to do with the price of fish but you must be worth a few quid yourself BP if you voted for them as those that support the Conservative are usually white, ageing male, professional.

Wilts posted a conservative profile which of course I can't find but if you are not among the above then they are using your money to support their lifestyles.

SouthStandFan

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Re: Money money money.
« Reply #8 on August 02, 2019, 07:44:10 am by SouthStandFan »
The current popularly touted version of being rich is a load of rubbish.

As I've stated before according to the media take on these tax cuts you mention , I am "rich" 

I can assure you I am not and live a very average lifestyle.

Is there a problem with being white, middle aged and professional? I dont understand your point. Being the majority demographic do you not think it's natural for white middle aged men to rise to the positions of responsibility?

SydneyRover

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Re: Money money money.
« Reply #9 on August 02, 2019, 07:54:26 am by SydneyRover »
The current popularly touted version of being rich is a load of rubbish.

As I've stated before according to the media take on these tax cuts you mention , I am "rich" 

I can assure you I am not and live a very average lifestyle.

Is there a problem with being white, middle aged and professional? I dont understand your point. Being the majority demographic do you not think it's natural for white middle aged men to rise to the positions of responsibility?

I never said there was a problem with any of those attributes only that they and you can include yourself if you wish vote as a bloc to maintain the status quo where they hold all the cards. If you want to persuade me otherwise and that this is a crock you could start with Austerity and tell me why the so called brains of Britain are running with it.

SouthStandFan

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Re: Money money money.
« Reply #10 on August 02, 2019, 08:03:30 am by SouthStandFan »
What alternative economic plan do you consider successful? Labour's ("the moneys gone"???)  I see Gordon brown about twice a week and it is all I can to not kick him in the balls

SydneyRover

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Re: Money money money.
« Reply #11 on August 02, 2019, 08:14:19 am by SydneyRover »
What alternative economic plan do you consider successful? Labour's ("the moneys gone"???)  I see Gordon brown about twice a week and it is all I can to not kick him in the balls

SSF you should read wider than the tele, as that old line is a crock as well.

''Gordon Brown’s economic performance needs rescuing from the condescension of Conservative spin. The spin was that Labour’s self-styled “prudent” Chancellor left the public finances in a terrible mess, which needed to be cleared up by the incoming Cameron Government of 2010. It was Labour’s extravagance that caused Tory austerity. But this is a parody of the truth''

https://www.prospectmagazine.co.uk/politics/were-all-in-debt-to-gordon-browns-borrowing

BillyStubbsTears

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Re: Money money money.
« Reply #12 on August 02, 2019, 10:11:16 am by BillyStubbsTears »
Big deep breath.

Gordon Brown implemented textbook economic policies in response to the Great Financial Crash. The Big Lie of UK politics over the past decade is that Brown was ridiculously profligate and that the Tories had to be sensible to sort out the mess he left. It's very sad how many folk have bought into that.

Sprotyrover

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Re: Money money money.
« Reply #13 on August 02, 2019, 09:50:07 pm by Sprotyrover »
Big deep breath.

Gordon Brown implemented textbook economic policies in response to the Great Financial Crash. The Big Lie of UK politics over the past decade is that Brown was ridiculously profligate and that the Tories had to be sensible to sort out the mess he left. It's very sad how many folk have bought into that.
Gordon Brown is probleby one of the causes of the great crash, what with his raid on the UK pension funds which caused Panic and uncertainty, his squandering of the Nations Gold Reserves, I still can't comprehend how a Scot managed to be so financially incompetent , then there was his raid on the Mine workers Pension fund, need I go on, the man was incompetent.

Glyn_Wigley

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Re: Money money money.
« Reply #14 on August 02, 2019, 10:49:38 pm by Glyn_Wigley »
Big deep breath.

Gordon Brown implemented textbook economic policies in response to the Great Financial Crash. The Big Lie of UK politics over the past decade is that Brown was ridiculously profligate and that the Tories had to be sensible to sort out the mess he left. It's very sad how many folk have bought into that.
Gordon Brown is probleby one of the causes of the great crash, what with his raid on the UK pension funds which caused Panic and uncertainty, his squandering of the Nations Gold Reserves, I still can't comprehend how a Scot managed to be so financially incompetent , then there was his raid on the Mine workers Pension fund, need I go on, the man was incompetent.

This is the first Chancellor in about fifty years to reduce the National Debt you're saying is financially incompetent, isn't it?

BTW, I can't find any of the above in the timeline of the Subprime crisis.

https://www.thebalance.com/subprime-mortgage-crisis-effect-and-timeline-3305745

Sprotyrover

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Re: Money money money.
« Reply #15 on August 02, 2019, 11:26:37 pm by Sprotyrover »
Big deep breath.

Gordon Brown implemented textbook economic policies in response to the Great Financial Crash. The Big Lie of UK politics over the past decade is that Brown was ridiculously profligate and that the Tories had to be sensible to sort out the mess he left. It's very sad how many folk have bought into that.
Gordon Brown is probleby one of the causes of the great crash, what with his raid on the UK pension funds which caused Panic and uncertainty, his squandering of the Nations Gold Reserves, I still can't comprehend how a Scot managed to be so financially incompetent , then there was his raid on the Mine workers Pension fund, need I go on, the man was incompetent.

This is the first Chancellor in about fifty years to reduce the National Debt you're saying is financially incompetent, isn't it?

BTW, I can't find any of the above in the timeline of the Subprime crisis.

https://www.thebalance.com/subprime-mortgage-crisis-effect-and-timeline-3305745
His own admission 
https://www.bbc.co.uk/news/business-13032013

 

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