Off Topic The Politics Thread

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Should the UK remain a part of the EU or leave?

  • Stay in

    Votes: 56 47.9%
  • Get out

    Votes: 61 52.1%

  • Total voters
    117
  • Poll closed .
I never have trusted politicians, they are all much the same but wear different colours, BUT why oh why would our own government be the architect of a 'fear project' ?? Crazy hey
 
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Without doubt bob. The Tories are now doing project fear to scare us even more. Think about it...If Labour got in we would be well and truly f222ed
There's no other options mate
The Tories obviously are telling the truth or bullshitting. Take your pick. If it's the former then it don't look good. If itsbthe latter then they have to go. Wouldn't you agree
 
I'm think it's more a case of the UK losing these benefits of being a member, rather than the EU putting rules in to action, or am I wrong?
TBH bob I have jus got in and seen the news headlines so I haven't read up on it yet. However the government are just saying what could be the very worst with a no deal. It will never happen. Like the flights that will stop and yet you can book way past the date of March? It's all BS
 
I never have trusted politicians, they are all much the same but wear different colours, BUT why oh why would our own government be the architect of a 'fear project' ?? Crazy hey
Because they just as crap (not quite).
 
Well Ellers, they obviously can't be trusted can they? That's if it's BS like you say. Sooner they go the better. We won't ever be able to believe a single thing they say ever again.
 
There's no other options mate
The Tories obviously are telling the truth or bullshitting. Take your pick. If it's the former then it don't look good. If itsbthe latter then they have to go. Wouldn't you agree
??? why would they have to go? They are the government and won the election. Having a GE over Brexit problems is just an excuse for Labour to take advantage while the government is having problems.
Remember there was a GE not long ago and both Tory and Labour said they would leave the EU while LIbs wanted another vote....What happened?
 
Well Ellers, they obviously can't be trusted can they? That's if it's BS like you say. Sooner they go the better. We won't ever be able to believe a single thing they say ever again.
You are trying to put words in my mouth...I said they talk BS i didn't say they couldn't be trusted. I trust some of them and they will deliver Brexit.
 
??? why would they have to go? They are the government and won the election. Having a GE over Brexit problems is just an excuse for Labour to take advantage while the government is having problems.
Remember there was a GE not long ago and both Tory and Labour said they would leave the EU while LIbs wanted another vote....What happened?
I'm talking about here and now mate. If it's our own government spreading project fear and you think it's BS, then how can they ever be trusted?
 
You are trying to put words in my mouth...I said they talk BS i didn't say they couldn't be trusted. I trust some of them and they will deliver Brexit.
I've not put any words in your mouth mate. It's either true or bullshit. Quite simple really, surely you or anyone can't trust someone who talks bullshit. I know I couldn't and wouldn't.
 
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BelieveTheTruth‏@Sam_BTT Sep 22

Look at the state of this. It's the #leavemeansleave rally in Bolton. Almost everyone in this picture will be dead in 15 year's time. Destroying the country for the youth of today in a spiteful death throe. Shame on them. This is why there should never have been a referendum.
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should we strip the vote from over 65s
maybe 12 year olds should be allowed to vote
should we give pregnant woman two votes
 
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BelieveTheTruth‏@Sam_BTT Sep 22

Look at the state of this. It's the #leavemeansleave rally in Bolton. Almost everyone in this picture will be dead in 15 year's time. Destroying the country for the youth of today in a spiteful death throe. Shame on them. This is why there should never have been a referendum.pic.twitter.com/5epAHUN4uB
should we strip the vote from over 65s
maybe 12 year olds should be allowed to vote
should we give pregnant woman two votes
Cracking idea, 3 if it's twins
 
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The thing I find strange mate is you want to get rid of the Tories because you don't trust them...So who do you want in Labour? Led by Corbyn with his problems with Jews? Mates with terrorists cant be honest over Brexit (has never been honest over Brexit) Followed by his cabinet of idiots that can't count, keep changing their ideas or just don't say. The bloke has just been called 'incapable' on tv. The Libs under Vince the Cable? <laugh>
Sorry bob we have the best of a bad bunch.
 
I read it as actual dividend payments of up to £500 per annum, not dividends on £500 worth of shares. I think you're right in that it's also a tax on larger companies (those with over 250 employees), but that's what I want a Labour government to do - tax and spend.
I’ve just read it again, I think you are right. But I think Labour has to be very careful here in what it is appearing to promise.

GSK, a British Company, has a market capitalisation (today) of £75bn. Labour is saying that it wants 10% of this (1% a year over 10 years I think). So that is £7.5bn from one company, or £750m a year (will probably fall or at least vary, with the market). GSK currently pays an annual dividend of 80p on a share worth (today) £1,500.00 (ish). So to generate £500 of dividend payments a worker would have to notionally ‘own’ 625 shares currently valued at £937,000. Which seems a little odd.

So, apart from noting that GSK gives a **** return for long term investors (unless they bought shares when they were much, much lower) and unless my maths is radically wrong (highly likely, I’m crap at maths and tired) wouldn’t workers be better off actually getting some real shares (or part shares) and hoping that the price went higher? And wouldn’t that also give them a much more active stake in their companies?

If I were the board of GSK faced with an incoming Labour government, with this tax, increased corporation tax and doubtless increased income tax for high earners to look forward to and knowing that, although they have important research facilities in the UK they make most of their money overseas, especially in the US, I would seriously consider relocating my company HQs and tax nationality elsewhere. Thus reducing the actual tax take for the government.

While I don’t disagree with what McDonnell is trying to do in principle, it could be a double edged sword. Something much simpler might work better. Such as linking rises in workforce pay to rises in overall executive remuneration.
 
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I’ve just read it again, I think you are right. But I think Labour has to be very careful here in what it is appearing to promise.

GSK, a British Company, has a market capitalisation (today) of £75bn. Labour is saying that it wants 10% of this (1% a year over 10 years I think). So that is £7.5bn from one company, or £750m a year (will probably fall or at least vary, with the market). GSK currently pays an annual dividend of 80p on a share worth (today) £1,500.00 (ish). So to generate £500 of dividend payments a worker would have to notionally ‘own’ 625 shares currently valued at £937,000. Which seems a little odd.

So, apart from noting that GSK gives a **** return for long term investors (unless they bought shares when they were much, much lower) and unless my maths is radically wrong (highly likely, I’m crap at maths and tired) wouldn’t workers be better off actually getting some real shares (or part shares) and hoping that the price went higher? And wouldn’t that also give them a much more active stake in their companies?

If I were the board of GSK faced with an incoming Labour government, with this tax, increased corporation tax and doubtless increased income tax for high earners to look forward to and knowing that, although they have important research facilities in the UK they make most of their money overseas, especially in the US, I would seriously consider relocating my company HQs and tax nationality elsewhere. Thus reducing the actual tax take for the government.

While I don’t disagree with what McDonnell is trying to do in principle, it could be a double edged sword. Something much simpler might work better. Such as linking rises in workforce pay to rises in overall executive remuneration.

I haven't really heard much about this so just reacting to (and butting in on) your conversation.

It would need to be done in a way as to avoid mass redundancies which are more economically viable than share.

It doesn't sit right with me in reality anyway. It is essentially a forced bonus scheme but doesn't favour performance and actually favours people based on industry (services have lower costs than manufacturing so will typically have healthier balance sheets).

You might as well just keep pushing up the minimum wage.
 
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I haven't really heard much about this so just reacting to (and butting in on) your conversation.

It would need to be done in a way as to avoid mass redundancies which are more economically viable than share.

It doesn't sit right with me in reality anyway. It is essentially a forced bonus scheme but doesn't favour performance and actually favours people based on industry (services have lower costs than manufacturing so will typically have healthier balance sheets).

You might as well just keep pushing up the minimum wage.
That’s certainly the impression I have, but having just woken up and re read my post I can’t believe the figures in the example I tried to work through are right.

If you want to encourage workers to have a stake in the companies they work for just make Employee Share Schemes much more preferential (eg workers buy at a discount). If you want to improve low and average pay rates and close the gap to executive pay, legislate around that. If you want to raise tax revenue do it through corporation tax and make sure companies pay all they should pay.
 
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The thing I find strange mate is you want to get rid of the Tories because you don't trust them...So who do you want in Labour? Led by Corbyn with his problems with Jews? Mates with terrorists cant be honest over Brexit (has never been honest over Brexit) Followed by his cabinet of idiots that can't count, keep changing their ideas or just don't say. The bloke has just been called 'incapable' on tv. The Libs under Vince the Cable? <laugh>
Sorry bob we have the best of a bad ?
 
Nothing strange in wanting rid of a government if as you say, are bullshitting to scare the public, wouldn't you agree? What else would they potentially try and do also? Or could they be correct spreading project fear? What's truly strange is a Tory supporter, in favour of brexit, accepting such a scenario. The government is either full of **** or it's doing the exact opposite of what a bexiteer wants. Rock and a hard place spring to mind, either way, I envisage them not being around much longer...praise the Lord!
 
I don't know who this bloke is, but he seems to know what he's talking about. That being the case, what he says can be dismissed, of course.

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