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Suntan Sid |
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Suntan Sid World Chat Champion
Joined: 07 May 2009 Karma :
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Posted: 17:11 - 02 Feb 2018 Post subject: |
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mpd72 wrote: | I wonder how many actually did this and even if so, how it actually bit anyone in the arse? |
No one knows. although many shouty types claimed they would be doing so, or was that just the usual, bullshit, bluster?
A cursory glance at any political debate on the web, indicates that the same people who made the claims are now somewhat worried about the possibility that Corbyn could become PM, arses well and truly bitten!
mpd72 wrote: | Corbyn hasn't been elected, he lost the general election, although you wouldn't know listening to some of the Corbynista socialists prattling on. |
Yet you're talking about him!
mpd72 wrote: | Many still seem to think he's too extreme left to get enough votes to win in a real election, not a biased "survey". |
Time will tell I guess, however it is up to the other political parties to up their game and counter his policies, simply moaning about them and deriding him will change nothing. ____________________ "Everybody needs money, that's why they call it money!" |
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Polarbear |
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Polarbear Super Spammer
Joined: 24 Feb 2007 Karma :
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Posted: 17:25 - 02 Feb 2018 Post subject: |
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I think he has a good chance of getting in just because he says what most of the poorer people want to hear.
Big pay rises for public employees, more for the NHS and schools, free houses for everyone, ok, council houses for everyone . Migrants welcome. Tax everyone through the nose who earns more than he thinks is acceptable.
There are a lot of people with nothing and he is offering is the pot at the end of the rainbow. What's not to like. ____________________ Triumph Trophy Launch Edition |
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ThoughtContro... |
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ThoughtContro... World Chat Champion
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- Super Spammer
Joined: 22 Oct 2013 Karma :
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Posted: 17:35 - 02 Feb 2018 Post subject: |
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Suntan Sid wrote: | No one knows. although many shouty types claimed they would be doing so, or was that just the usual, bullshit, bluster?
A cursory glance at any political debate on the web, indicates that the same people who made the claims are now somewhat worried about the possibility that Corbyn could become PM, arses well and truly bitten! |
Any factual examples of this, as it sounds like a myth so far?
Suntan Sid wrote: | Yet you're talking about him! |
In replying to you, who mentioned him in a reply to another lefty who also mentioned the God of the Socialists...
Suntan Sid wrote: | Time will tell I guess, however it is up to the other political parties to up their game and counter his policies, simply moaning about them and deriding him will change nothing. |
You see, from the other side of the fence, Corbyn to me, just seems to spend his time slagging off the opposition rather than bringing any credible policies which would work in the real world, needing real funding. Anyone can promise the moon on a stick when they don't need to be held to it. The £100,000,000,000 student vote grabbing bribe is a fine example.
You are correct though, Corbyn's biggest asset is Terersa May. Much in the same way as Corbyn is May's biggest vote puller.
It's a 2 horse race with the choice of two useless turds. ____________________ TZR250 2MA road, TZR250 1KT road, TZR250 2MA race, TDR250, YZF-750R Boost colours.
Jaguar S Type 3.0 V6 Sport R, VW Transporter T5 GP LWB Shuttle 140ps DSG. |
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Diggs |
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Diggs World Chat Champion
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Posted: 17:38 - 02 Feb 2018 Post subject: |
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...and don't forget those lovable Left Wing Krauts, the Baader-Meinhoff gang. Not to be confused with the Douglas Baader-Meinhoff gang, who were more the keyboard-warrior due to mobility issues.
I made that last bit up. ____________________ Now - Speed Triple, old ratty GS550, GSXR750M
Gone (in order of ownership) - Raleigh Runabout, AP50, KH125, GP125, KH250, CBX550, Z400, CB750FII, 250LC, GS550, ZXR750H1, Guzzi Targa, GSX750F, KH250 x2, Bimota SB6R and counting... |
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The Shaggy D.A. |
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The Shaggy D.A. Super Spammer
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Suntan Sid |
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Suntan Sid World Chat Champion
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- Super Spammer
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M.C |
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M.C Super Spammer
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Posted: 20:49 - 02 Feb 2018 Post subject: |
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Diggs wrote: | bnp72 I fail to see your argument. |
Last I checked he was still saying taffy van man mowed down those people by accident...
Polarbear wrote: | I think he has a good chance of getting in just because he says what most of the poorer people want to hear.
Big pay rises for public employees, more for the NHS and schools, free houses for everyone, ok, council houses for everyone . Migrants welcome. Tax everyone through the nose who earns more than he thinks is acceptable.
There are a lot of people with nothing and he is offering is the pot at the end of the rainbow. What's not to like. |
I'm not old enough to remember old Labour, was it really that bad, or are people just scared of him having had decades of Tories or New Labour?
I don't know if he's serious or not. Remember Clegg promising to scrap tuition fees as well? Assuming he is serious on delivering his policies, I would be worried, but having only lived under a Tory government (Thatcher/Major), New Labour and Tories again, both times being even poorer under the Tories I fear them more.
That's not to say I liked Blair (at all), I think he was a thoroughly corrupt individual. |
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Polarbear |
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Polarbear Super Spammer
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Diggs |
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Diggs World Chat Champion
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Posted: 10:31 - 03 Feb 2018 Post subject: |
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I remember when inflation hit 15%. I was in a meeting at the time with a woman who had savings in the building society and we had the radio on. She nearly wet her knickers with excitement, and I nearly cried as I had a big mortgage... It was a spike that lasted just the afternoon if I recall.
Imagine if that happened now - people would be bankrupt instantly and the economy would crash. Youngsters don't know they are born these days (I lived in a shoe-box on the M62 etc etc...)..... ____________________ Now - Speed Triple, old ratty GS550, GSXR750M
Gone (in order of ownership) - Raleigh Runabout, AP50, KH125, GP125, KH250, CBX550, Z400, CB750FII, 250LC, GS550, ZXR750H1, Guzzi Targa, GSX750F, KH250 x2, Bimota SB6R and counting... |
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Polarbear |
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Polarbear Super Spammer
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- Super Spammer
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Polarbear |
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Polarbear Super Spammer
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Suntan Sid |
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Suntan Sid World Chat Champion
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Posted: 15:44 - 03 Feb 2018 Post subject: |
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mpd72 wrote: | How long was this period of crippling interest rates? I've herd of it, but must have been too young to know it was going on.
I'd not able able to cope with my mortgage at those sort of rates for more than a couple of months. It must have been scary stuff for those with mortgages. |
I took out my first mortgage in 1988.
Although the figure of 15% is oft quoted, that was merely the base rate and as we know lenders always added a bit on top. I can remember the actual repayments hitting 18% interest.
Having said that, this was in the days of real building societies, not the thinly disguised banks we have now, the savings rate was 10% which was a nice bonus on any money you had saved.
You also need to remember that, that was peak interest, the rate dropped every year, as did inflation, to a lesser degree, so if you were sensible and didn't buy into Maggie's credit bubble you had more disposable income year on year.
Obviously the downside was less interest on savings, a trend which has carried on until today, giving us the laughable rate we're stuck with now!
Another thing you need to take into account, there was far less property speculation, at the time you bought a house/flat to live in not to turn a quick profit!
So to answer your question, no it wasn't that scary, (assuming you'd known nothing else). ____________________ "Everybody needs money, that's why they call it money!" |
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M.C |
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M.C Super Spammer
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Suntan Sid |
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Suntan Sid World Chat Champion
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Suntan Sid |
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Suntan Sid World Chat Champion
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Posted: 20:06 - 03 Feb 2018 Post subject: |
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During the Thatcher years, the Tories used Monetarist policies in an attempt to control the economy!
Monetarism
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What is a 'Monetarist
A monetarist is an economist who holds the strong belief that the economy's performance is determined almost entirely by changes in the money supply. Monetarists postulate that the economic health of an economy can be best controlled by changes in the monetary supply, or money, by a governing body.
The key driver behind this belief is the impact of inflation on an economy's growth or health and the idea that by controlling the money supply one can control the inflation rate.
At its core, monetarism is an economic formula. It states that money supply multiplied by its velocity (the rate at which money changes hands in an economy) is equal to nominal expenditures in the economy (goods and services multiplied by price). While this makes sense, monetarists say velocity is generally stable, which is up for debate.
The most well-known monetarist is Milton Friedman, who wrote about his beliefs in the book "A Monetary History of The United States, 1867 - 1960." In the book he, along with Anna Schwartz, argued in favor of monetarism as a combat to the economic impacts of inflation. They argued that a lack of money supply was a cause of the Great Depression.
Monetarists v Gold Standard
Most monetarists opposed the gold standard in that the limited supply of gold would stall the amount of money in the system, which would lead to inflation, something monetarists believe should be controlled by the money supply, which is not possible under the gold standard unless gold is continually mined.
Monetarists view got further credibility when the gold standard collapsed in 1972. As unemployment and inflation soared, Keynesian economics, which was often contrasted to monetarism, was unable to explain the way out of the economic puzzle. On one hand Keynesian economics said high unemployment called for reflation - an increase in the money supply, and on the other hand, rising inflation called for a Keynesian disinflation strategy.
Other monetarists include former Federal Reserve Chairman, Alan Greenspan, and former U.K. Prime Minister, Margaret Thatcher. |
____________________ "Everybody needs money, that's why they call it money!" |
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doggone World Chat Champion
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M.C |
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Polarbear Super Spammer
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Posted: 01:45 - 04 Feb 2018 Post subject: |
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What do i remember about then.....
Things that stick in my mind from 70's & 80's. Some might not even be correct but it is what I remember.
Well, I remember thinking Harold Wilson must be shagging Barbara Castle for such an incompetent woman to be in the cabinet. Shades of Corbyn and Abbott
I remember my mother telling me she bought our 14 room Victorian house in Weston-Super-Mare for about £3500 in the early seventies.
The boys at my school used to get the slipper until they were 11 then you got the cane. The girls only got the slipper. Oh for equality
As a kid, the only time I was allowed to use matches was to light candles when the electricity went off, which it did quite regularly.
I started work as an engineer Officer Cadet in 1973 on £36 a month and could buy a pint of beer for 11p (it was cheap bitter) a packet of fags was about 30p and I think fuel was I think about 40p a gallon. Oh yes, and I got a fuel ration book for my Yamaha YDS7
Political bit.....
I remember Thatcher for the obvious reasons but I wasn't very politically minded. As long as I had enough money to enjoy myself I was happy. Things that stand out though.
The miners strike where she destroyed the union. I was totally anti Scargill at the time but everything he accused Thatcher of doing came true. She turned communities against communities. Destroyed the coal industry and turned the police into her own political army with a pretty free reign to break heads.
The Falklands war. She was the one with the guts to do anything about the invasion. When the task force was getting ready, Labour were all about compromise and not going to war. They complained when the sub sank the Belgrano because it 'wasn't doing anything provocative'. We all know what happened but if she hadn't gone to war and won it, she wouldn't have been re elected as her first term was pretty crap and we would have had completely a different 80's.
I remember the outcry when she used the royal 'We' as in 'We are not amused'
Then there was the poll tax that destroyed her. She became megalomaniacal in the end. An obvious example of power corrupts. I regret to say at start I was pro Thatcher but in hindsight she was a horrible person with vicious policies that ruined the life of thousands. I still cringe that she was given a state funeral. Hey ho, the witch is dead.
It didn't help the the opposition at the time was Michael Foot who makes Corbyn seem quite sane and middle of the road. There was a huge outcry when he turned up at the Cenotaph on Remembrance Sunday in a scruffy dufflecoat.
I remember Enoch Powell and his 'Rivers of Blood' speech. Things would have been very different if he had become leader of the Tories.
And I voted to join the EU, To become part of a trading group of 12 nations. Funny how things change. ____________________ Triumph Trophy Launch Edition |
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M.C |
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M.C Super Spammer
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Posted: 03:09 - 04 Feb 2018 Post subject: |
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Kawasaki Jimbo |
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Kawasaki Jimbo World Chat Champion
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Old Thread Alert!
The last post was made 6 years, 80 days ago. Instead of replying here, would creating a new thread be more useful? |
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