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...who exactly is supporting these cretins, for how much longer, and what sort of action will be required to get them composted before they do any more damage to everyone in this country?
# WE ARE STEALING THE FUTURE FROM OUR CHILDREN --- WE MUST CHANGE COURSE #
Technically nobody has supported this because nothing at all like this was in their manifesto on which they won the election.
It's outrageous that a party can change leaders and then literally do whatever they want without any form of mandate and without any publicly available fiscal modelling and scrutiny of the decisions made.
It's the type of thing we used to criticise other countries for doing, it would be embarrassing if it wasn't so serious.
SB
Avatar - IC410 - Tadpoles Nebula
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As the pound crashes, inflation soars, and investors run for the hills... on 22:07 - Sep 23 with 2426 views
As the pound crashes, inflation soars, and investors run for the hills... on 22:02 - Sep 23 by StokieBlue
Technically nobody has supported this because nothing at all like this was in their manifesto on which they won the election.
It's outrageous that a party can change leaders and then literally do whatever they want without any form of mandate and without any publicly available fiscal modelling and scrutiny of the decisions made.
It's the type of thing we used to criticise other countries for doing, it would be embarrassing if it wasn't so serious.
SB
Not entirely true. A few thousand Conservative Party members voted for this as it is clear this is what Truss stands for. They did have a choice with Sunak as his policies were far less generous to the rich.
As the pound crashes, inflation soars, and investors run for the hills... on 22:07 - Sep 23 by Nthsuffolkblue
Not entirely true. A few thousand Conservative Party members voted for this as it is clear this is what Truss stands for. They did have a choice with Sunak as his policies were far less generous to the rich.
That's technically true but I think the opening post was clearly framed in a way to ask who in the public was supporting these cretins. The supporters you have highlighted are amongst the cretins thus wouldn't be able to be cited as supporters.
My point is more that it's outrageous that they can implement these policies without any kind of mandate from the public.
SB
[Post edited 23 Sep 2022 22:12]
Avatar - IC410 - Tadpoles Nebula
5
As the pound crashes, inflation soars, and investors run for the hills... on 22:17 - Sep 23 with 2388 views
But if they’d have done the work properly they’d have known what the impact of their wrecking ball ideas might be and could have made an informed decision. But the work wasn’t done. They knew best.
They can only blame themselves, but they won’t of course. And who is going to pay the bill? It won’t be them with their offshore accounts and millions stashed away.
As SB rightly says, they’ve no mandate. There needs to be an election, but there won’t be.
0
As the pound crashes, inflation soars, and investors run for the hills... on 02:37 - Sep 24 with 2091 views
As the pound crashes, inflation soars, and investors run for the hills... on 22:10 - Sep 23 by StokieBlue
That's technically true but I think the opening post was clearly framed in a way to ask who in the public was supporting these cretins. The supporters you have highlighted are amongst the cretins thus wouldn't be able to be cited as supporters.
My point is more that it's outrageous that they can implement these policies without any kind of mandate from the public.
SB
[Post edited 23 Sep 2022 22:12]
It was just a lazy rhetorical question really, implying that their public support is surely melting away at a rapid rate as their party dies. Hopefully this process runs faster than the damage they are doing, and something forces a GE much, much sooner than January 2025. I agree with everything you said.
# WE ARE STEALING THE FUTURE FROM OUR CHILDREN --- WE MUST CHANGE COURSE #
As the pound crashes, inflation soars, and investors run for the hills... on 22:02 - Sep 23 by StokieBlue
Technically nobody has supported this because nothing at all like this was in their manifesto on which they won the election.
It's outrageous that a party can change leaders and then literally do whatever they want without any form of mandate and without any publicly available fiscal modelling and scrutiny of the decisions made.
It's the type of thing we used to criticise other countries for doing, it would be embarrassing if it wasn't so serious.
SB
To think they sell themselves as the party that can put the economy first. They've destroyed it through ineptitude.
Submit your 1-24 league prediction here -https://www.twtd.co.uk/forum/514096/page:1 - for the opportunity to get a free Ipswich top.
The dollar is the worlds currency and the feds keep raising interest rates, where are the most returns for investors? It's really not that hard. They'll keep doing it as well as they are tasked with managing multiple parts of the economy unlike the European Central Bank or Bank of England.
[Post edited 24 Sep 2022 5:31]
0
As the pound crashes, inflation soars, and investors run for the hills... on 07:28 - Sep 24 with 1896 views
As the pound crashes, inflation soars, and investors run for the hills... on 05:15 - Sep 24 by Joey_Joe_Joe_Junior
Just the pound? Type these two words into Google.
The Euro. See any similar trends?
The dollar is the worlds currency and the feds keep raising interest rates, where are the most returns for investors? It's really not that hard. They'll keep doing it as well as they are tasked with managing multiple parts of the economy unlike the European Central Bank or Bank of England.
[Post edited 24 Sep 2022 5:31]
Fairish points, although the trending looks significantly worse for GBP and the UK. In the context of the loathsome actions of the latest iteration of hogs at the trough, I'm just speculating on the manner and speed of their inevitable demise, and the scale of the collateral damage.
“I’ve never known a government that has had so little support from its own backbenches, just four sitting days in,” observed one MP.
“I completely despair, because I’m a member of a party that stands up for the squeezed middle not the very rich. This will be politically toxic and economically dubious,” said another MP present for the statement.
[Post edited 24 Sep 2022 7:45]
# WE ARE STEALING THE FUTURE FROM OUR CHILDREN --- WE MUST CHANGE COURSE #
As the pound crashes, inflation soars, and investors run for the hills... on 05:15 - Sep 24 by Joey_Joe_Joe_Junior
Just the pound? Type these two words into Google.
The Euro. See any similar trends?
The dollar is the worlds currency and the feds keep raising interest rates, where are the most returns for investors? It's really not that hard. They'll keep doing it as well as they are tasked with managing multiple parts of the economy unlike the European Central Bank or Bank of England.
[Post edited 24 Sep 2022 5:31]
€/£ 25 August = 1.19
€/£ 24 September = 1.12
6% movement in one month.
Fake news, yet again.
0
As the pound crashes, inflation soars, and investors run for the hills... on 09:24 - Sep 24 with 1742 views
As the pound crashes, inflation soars, and investors run for the hills... on 09:16 - Sep 24 by XYZ
€/£ 25 August = 1.19
€/£ 24 September = 1.12
6% movement in one month.
Fake news, yet again.
Yep. And the Yen as well. Biggest shock to currency and negative market response on record apparently. Not to say that there aren’t ripples being felt from the USA of course, but there was a very clear and immediate response to Kwarteng’s gamble yesterday.
As the pound crashes, inflation soars, and investors run for the hills... on 09:24 - Sep 24 by Swansea_Blue
Yep. And the Yen as well. Biggest shock to currency and negative market response on record apparently. Not to say that there aren’t ripples being felt from the USA of course, but there was a very clear and immediate response to Kwarteng’s gamble yesterday.
I read a columnist in the Telegeaph, blaming the pound crash on the bank of England not rasing rates enough, days previously. Strange logic. Mind you, many over there seem as nervous about this as those on the left are angry.
[Post edited 24 Sep 2022 9:32]
Has anyone ever looked at their own postings for last day or so? Oh my... so sorry. Was Ullaa
As the pound crashes, inflation soars, and investors run for the hills... on 09:16 - Sep 24 by XYZ
€/£ 25 August = 1.19
€/£ 24 September = 1.12
6% movement in one month.
Fake news, yet again.
I think his point was Euro to dollar not Euro to Pound, ie it's not only the £ which is crashing against the $ but the € is also crashing against the $. On Friday the € was at a 20 year low against $.
He is correct investors are flooding into the $ because US interest rates have been increased quickly.
0
As the pound crashes, inflation soars, and investors run for the hills... on 09:34 - Sep 24 with 1694 views
As the pound crashes, inflation soars, and investors run for the hills... on 09:24 - Sep 24 by Swansea_Blue
Yep. And the Yen as well. Biggest shock to currency and negative market response on record apparently. Not to say that there aren’t ripples being felt from the USA of course, but there was a very clear and immediate response to Kwarteng’s gamble yesterday.
Indeed. You'd have thought a poster directing people to Google something would have taken the trouble to do so themselves.
Kwasi Kerching was the toast in city bars last night.
Taking food off the table of already hungry poor kids to pay for his mates' champagne.
1
As the pound crashes, inflation soars, and investors run for the hills... on 09:38 - Sep 24 with 1682 views
As the pound crashes, inflation soars, and investors run for the hills... on 09:32 - Sep 24 by BloomBlue
I think his point was Euro to dollar not Euro to Pound, ie it's not only the £ which is crashing against the $ but the € is also crashing against the $. On Friday the € was at a 20 year low against $.
He is correct investors are flooding into the $ because US interest rates have been increased quickly.
The Pound has crashed against the Euro and the Dollar.
Investors are running from the UK. That's the news.
2
As the pound crashes, inflation soars, and investors run for the hills... on 09:44 - Sep 24 with 1661 views
As the pound crashes, inflation soars, and investors run for the hills... on 09:32 - Sep 24 by BloomBlue
I think his point was Euro to dollar not Euro to Pound, ie it's not only the £ which is crashing against the $ but the € is also crashing against the $. On Friday the € was at a 20 year low against $.
He is correct investors are flooding into the $ because US interest rates have been increased quickly.
Um...
...oh well.
# WE ARE STEALING THE FUTURE FROM OUR CHILDREN --- WE MUST CHANGE COURSE #
As the pound crashes, inflation soars, and investors run for the hills... on 22:10 - Sep 23 by StokieBlue
That's technically true but I think the opening post was clearly framed in a way to ask who in the public was supporting these cretins. The supporters you have highlighted are amongst the cretins thus wouldn't be able to be cited as supporters.
My point is more that it's outrageous that they can implement these policies without any kind of mandate from the public.
SB
[Post edited 23 Sep 2022 22:12]
Isn't it the same as Blair & Brown.
0
As the pound crashes, inflation soars, and investors run for the hills... on 10:42 - Sep 24 with 1527 views
and what makes it even worse, is that when corbyn says the tories are being fiscally irresponsible even he's right. but at least those of us who said in 2019 that a huge fiscal splurge would lead to the £ crashing, investors fleeing, the interest rate rising, government debt funding costs spiralling, and inflation being fuelled have been proven right.
And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show
0
As the pound crashes, inflation soars, and investors run for the hills... on 11:02 - Sep 24 with 1417 views
As the pound crashes, inflation soars, and investors run for the hills... on 10:51 - Sep 24 by lowhouseblue
and what makes it even worse, is that when corbyn says the tories are being fiscally irresponsible even he's right. but at least those of us who said in 2019 that a huge fiscal splurge would lead to the £ crashing, investors fleeing, the interest rate rising, government debt funding costs spiralling, and inflation being fuelled have been proven right.
Surely it depends where the splurge is targeted. Was Corbyn planning on cutting taxes?
"They break our legs and tell us to be grateful when they offer us crutches."
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