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 Post subject: A predictable result
PostPosted: Fri Sep 23, 2011 12:27 am 
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This is another of this things about which one does not have to write very much. The story speaks for itself. We had such low expectations of Osborne, though, that we cannot pretend surprise. Put a low-grade man-child in charge, within a government of fools and knaves, and this is what you get.

View full article here

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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 1:00 am 

Joined: Wed Aug 04, 2010 9:42 am
Posts: 412
Location: Christchurch, New Zealand
O/T, but Dellers appears to have caused an international incident:

Maldives government complains of spoof atlas omission

The government of the Maldives has complained after the London Daily Telegraph website carried a satirical blog post saying the island nation is to be omitted from the Times Atlas of the World.
The supposed omission was said to be due to impending climate change.
The low-lying islands of the Maldives are at risk from rising sea levels.
The spoof blog post was taken seriously by several media outlets in the Maldives.
The Telegraph blog post was written by a climate change sceptic, James Delingpole.

http://www.bbc.co.uk/news/world-south-a ... um=twitter


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 3:27 am 

Joined: Tue Nov 30, 2010 11:44 am
Posts: 293
Also O/T (and deepest apologies) but the BBC website had this to say....


Quote:
A Maldives government official told the BBC the Telegraph should not publish such "nonsense" under its brand name when it could be mistaken for news.


Hmm..............


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 6:26 am 

Joined: Wed Jun 01, 2011 6:24 am
Posts: 50
I have a mental picture of osbourne standing on the footplate of a runaway steam train shouting STOP STOP!
The tory plan for the deficit was inflation and growth, in five years they would inflate away 20 - 25% of the deficit, and growth would help with some of the rest.But of course Q.EASING by the bank of england and the fed has devalued the fiat currencies and caused inflation, growth is not happening and ,shh, they don't know what to do!


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 8:03 am 

Joined: Sun Jul 03, 2005 11:11 am
Posts: 6700
The real problem with these tossers is that they have never been broke. They have never personally had to figure out where the rent was coming from, never had £10 in the bank till payday in 3 weeks.
They have no idea of value.

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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 8:42 am 
It wasn't until November 2008 - a whole 15 months after Northern Crock went south and several months after Bear Stearns and Lehman Bros alerted even the doziest that something was wrong - that Gideon and Dave dropped their mantra of "matching Labour's spending plans".

The good news is that Dave and Gid kept their word and did drop Labour's insane spending plans. The bad news is that they're now splurging even more than Brownturn did. As Jeff Randall put it a year ago:

Quote:
Total government outlay is set to go up this year [2010], next year and every year thereafter to 2014-15. According to estimates from the Office for Budget Responsibility, the figures will be £696 billion in 2010-11 (up from £669 billion in 2009-10), then £699 billion, £711 billion, £722 billion and £737 billion. These sums are not inflation-adjusted, but even so, they belie the idea that a demon barber is about to "polish off" the Budget

And still al-Beeb and the MSM scream "Cuts!"

Oh, if only.

http://www.telegraph.co.uk/finance/comment/jeffrandall/8007556/The-Coalition-is-spending-even-more-than-tax-and-waste-Labour.html


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 9:12 am 

Joined: Tue Jul 13, 2010 1:46 pm
Posts: 118
SandyRham wrote:
The real problem with these tossers is that they have never been broke. They have never personally had to figure out where the rent was coming from, never had £10 in the bank till payday in 3 weeks.
They have no idea of value.

This is so true. All multi-millionaires living the hog off the people.


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 10:15 am 

Joined: Sun Aug 29, 2010 11:28 am
Posts: 805
I prefer to read the release from the ONS which includes charts showing up and down levels of monthly public spending and tax receipts. Obviously, if spending exceeds receipts then borrowing increases for that month. The trend seems quite to plan - nothing to scare the money market gamblers (to whom we have all dedicated our wealth).


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 10:42 am 
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Joined: Tue Nov 30, 2010 4:17 pm
Posts: 549
Location: EU East Midlands Region of the former UK
Fair's fair. If we can't take a joke we shouldn't have joined.
I for one have always treasured Mr Cameron's "Turnip Taliban" gag. How beautifully he put us in our place. It's a pleasure to receive such elegant contempt.
Another gag of his which I found particularly amusing was that one about "sharing the proceeds of growth". Stop me if you've heard it.
Oh, you have.
Unfortunately, those proceeds seem to be debits rather than credits, for most of us.


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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 10:53 am 
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Aurelian wrote:
Fair's fair. If we can't take a joke we shouldn't have joined.
I for one have always treasured Mr Cameron's "Turnip Taliban" gag. How beautifully he put us in our place. It's a pleasure to receive such elegant contempt.
Another gag of his which I found particularly amusing was that one about "sharing the proceeds of growth". Stop me if you've heard it.
Oh, you have.
Unfortunately, those proceeds seem to be debits rather than credits, for most of us.


Negative growth? We can share in the proceeds of that, shurely?

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 Post subject: Re: A predictable result
PostPosted: Fri Sep 23, 2011 11:37 am 

Joined: Mon Aug 30, 2010 1:05 pm
Posts: 288
The boy was over here yesterday, spouting conservative words, while blowing the bank account back home. The current "economic crisis" is, in fact, a government crisis. The world can no longer afford so much government; their deficits are sucking the economies of the world dry; the inflationary effort to reduce the deficits by printing money is destroying economies. The world can no longer afford so many blood sucking regulatory parasites who want to control the world.

Sorry, the boy brings it out in me PDT_Armataz_01_19


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