Off Topic JULY 4th 2024 6 months JAN 2025 ..chaos+ more fibs +roughshod attitudes+backtracking +++ C R A S H++

Milliband needs to be removed from ever having a position of influence
The bloke is deranged
Stop spending billions of pounds on nonsense when it’s not what the vast majority of people want their money spent on

 

first poll on popularity is not good for 2 tier Granny Harmer .. slipped another 2% down to minus 47% .. I think he is way down on Corbyn now!
Still just the 1 crossing so far of the illegals 1 boat with 61

 

The Treasury has had to step in the calm market fears amid a looming recession

Well done Rachel from accounts who now has two choices
Raise taxes - yet again !
Cut spending

Every pound she spends costs more and the debt increases
Reign in foreign aid and the net zero nonsense Rachel and save some money

 

When the large employers start laying off or not increasing their workforce because of NICs the economy will only get worse because it's going to happen, the stupid woman 'from accounts' will catch on eventually......... And get 9.25million of working age not looking for employment of their fat arses.

Lammy was on the box this morning. It would be pure comedy if his position wasn't so serious.
He's a male clone of Diane.

 

Absolutely spot on !!!

 

is this the final days ... GRANNY HARMER to implode and resign ............ everything is imploding ...

............ in Morecambe. [Does] the new MP believe she secured the biggest levelling up fund in history for the Eden Project North that incidentally took five years to secure and was awarded 18 months before she was elected? Labour have short memories but the people of Morecambe have not.............................

............. suicidal energy policy to lowering your bills after you’ve paid £30k to convert your heating systems to air pumps with batteries, to taking winter fuel payments off pensioners, is it any wonder they have had no honeymoon period? Trump will inevitably put tariffs on the UK markets over low defence contributions and lack of oil and gas usage. Where will this leave Ed Miliband's renewables enforcement policy then? Especially when he can’t clandestinely windfall tax the oil and gas companies and abolish them at the same time as the markets won’t allow it with the change of policy in the Whitehouse. ................................

...........
Our farming and rural community will become (quite rightly ) increasingly vocal as they do not feel represented by this government and shockingly, the government seemingly do not care.
With this arrogant and out-of-touch stance, it won’t be long before the Labour Government starts to see the fractures amongst their backbenchers as the continual attrition of support from the public starts to bite.
Remember now, after six months those newbies that are believing their own hype, will soon "believe it was them that got elected" not the disingenuous campaign of ‘change’ the public is now regretting voting for. ... yep thats right elected by default!...................

.........Imitation is the highest form of flattery, it is said, but it's also indicative of the Labour mantra: tell the people the Tories were bad, but the good things they did, we now claim credit for.................. most areas in the UK have lost faith in the new Government. They have stopped infrastructure projects like the new £1.2billion hospital in Lancaster and kicking Eden Project North down the line for another five years. This is happening all over the UK...................... 2 tory projects already funded and in the pipeline! ...................

.................. The Cabinet are already in disarray with Sue Gray, a Health Secretary who cannot keep on message telling the struggling pensioners to turn on the heating after they raid them to raise pay for the unionised public sector. ......A Trump-hating Foreign Secretary and a very silent Angela Rayner stoking up support under the radar in Manchester Burnham land.
How long before those backbenchers realise they are in terminal spin and follow a new pied piper of Starmer's doom?

This coupled with out-of-control illegal immigration, the country will cry out for a real change. So loud, it will be deafening and untenable for Starmer's tenure in No 10 to continue.

..............Granny Harmer will pull the plug on himself but call an election before he will be pushed. If he is removed, the stopwatch will be ticking before the caretaker incumbent wants their own mandate and we go to the polls. It sounds far-fetched but not impossible as we have seen it all before.

 

Elected by default, very true

But you can't tell me that the Tories didn't deserve the absolute whipping at the polls that they got, because they certainly did.

The country's protest votes, and the latest polls, say that Labour are already finished with the wooden, vacant and robotic Starmer, and that Reform are on the rise.
But lessons need to be learned from the last election so that we don't end up with this current car crash ever again. Whether that's alliances or takeovers being made remains to be seen.

Millions of people, including the younger generations like Nigel Farage because he is the most credible politician that this country has right now, is believable when he speaks, and he actually understands the issues we face and isn't afraid to talk about them.

The other 2 main parties are absolutely rubbish at those things as has been proven over the last decade.

 

I can it was because [ learned this when sales manager ( trainer ) if repeat something 3 times people grasp it and believe it the more times the more it affects the gullible!!! ] if you constantly give out negative info it affects people to avoiding it!
All forms of media constantly barraged the public with negativity [ the lies spouted being the needed counter which appeared as "the change " Lowest turnout for many many decades .. and lowest vote to be PM! ... why? .... BECAUSE 6,000,000 or so NEVER BOTHERED TO VOTE! and analysis was that the biggest % of this tory stay at homes, hence your agreement of ........

...........

...................

DID THEY REALLY DESERVE A WHIPPING or was that a historical massive dose of NAIEVITY by the electorate! THEY missing 6,000,000 wouldnt vote anyone other than "TORY AS NONE OF THEM OFFERED ANYTHING" that was doable ... as hindsight has shown!
In a way you could say they saw through the smoke and mirrors ... the lies .. the cons . the whatevers........

THE BIG reality is ... YES ... we had some hard times, but based on concrete events Covid/ energy / worldwide inflation spike that lasted a mere 3 month's .. but in the 12 month's to the GE the UK was on a MASSIVE positive ..
Illegals going down on the boats
Inflation going down
Interest rates going down
Increase in GDP
Increase in Police.. NHS staff .. new hospitals being built many modernized
Increase in Housing ... note [ in past 6 month's has been a disaster as it is almost flat lined at zero only overspill from Tory.gov ERA being completed ]
Increase in major projects ....[ a lot been cancelled by .gov ]
cor 7 "I's" could make that 8 ...increase in lies!
Decease in unemployed
Decrease in Borrowing [under control ]
Decease in outlook for disposable income due to inflationary climate of rising prices and lesser wage increases !

LOADS MORE NEGATIVES..............

 

Too many lies, too many leaders, no direction, too centerist, too many bad decisions, too soft on many things especially legal and illegal immigration etc etc which is why they were voted out.
Maybe if Rishi hadn't jumped the gun and called such an early election things might have been different had people been able to see things were starting to turn in the right direction.

 

I mentioned Streeting and Rayner the other day allowing Starmer to hang himself.
Now Andy Burnham has broken ranks.
The wagons are circling.

 

Every decision Starmer has made since being PM has been exactly wrong

Every reaction to outrageous acts such as Southport and the rape gangs he’s got totally wrong

He simply can’t grasp what’s happening

Get shot of him, now
And Rayner, Reeves, Lammy, Milliband et al.

They’re all useless at their jobs

 

Brilliant start to 2025 .........

Thankyou to all those voters who failed to put pen to paper all 5-6 million of you that gifted LABOUR A "DICTATORSHIP" you were short sighted and naive brainwashed by the media and Billy liar and his cronies...

SO TODAY ... whats the state of play when a bank clerk takes over the economy MANAGMENT .. having furnished a made up embellished CV... and a fibbing [some say failed] Lawyer is in the driving seat..................

+ + + C R A S H + + +

 

Economists have warned that the rising costs could lead to further tax increases or spending cuts as the government tries to meet its self-imposed rule not to borrow to fund day-to-day spending.
In response to an urgent question in the Commons, Treasury minister Darren Jones [Bristol mp clown, WHO DID 3 OR 4 INTERVIEWS at the beginning of the dictatorship, gave same answer over them to same question although having been shot down on the first attempt as lies ] .............said there was "no need for an emergency intervention" and markets "continue to function in an orderly way". [ another load of B******* although actually hidden in full sight markets are ... interest rates climbing stock market crashing £ losing value large companies deserting the LSE ... YEP FUNCTIONING ALRIGHT but deserting and crashing]

But shadow chancellor Mel Stride said: "Higher debt and lower growth are understandably now causing real concerns among the public, among businesses and in the markets."

 

Liz Truss sends "nip" to GRANNY HARMER ... you will never get those that always believe and can never change their point of view .. but it takes time in "history" [ be it days/month's/years/ even century's to resolve things ....

the Liz Truss "spike" has been well documented and explored by people who are extreme experts in Fiscal matters and world wide monetary affairs and whilst not a lot she could have done at that point in time is the belief [ world inflationary blimp ] she was in charge and like Rwanda NOT GIVEN AN OPPORTUNITY TO SEE IF IT WOULD PAN OUT!

 

found this article which pretty much shows how .GOV raises money ... "BORROWING"
Will try to PRÉCIS it down!


Governments are dependent on the bond market. It's how they raise money to fund spending. If investors stop buying their bonds, all hell breaks loose.

Bond markets stop governments from playing fast and loose with a country's finances, as Labour has been doing since the election. It's an essential job.

So-called "bond vigilantes" discipline excessive government spending by demanding higher yields to buy their bonds. And that's what they're doing to us right now.

Bond investors are big global institutions that need somewhere safe to park the huge sums at their disposal.

When they buy UK government bonds, known as gilts, they want to be certain their money is safe.

Under Reeves, they're not certain. So they're demanding more interest to offset the risk.

Bond investors believe Labour pulled a fast one during the election, by pledging stability and growth.

Instead they've wrecked both.

Our credibility is sunk and bond investors feel like they've been mugged. So they're giving the country a brutal punishment beating. This is only the start.

It seems incredible now, but when Sir Keir Starmer was elected bond markets were happy. They thought Labour would bring stability after Tory turmoil.

Reeves launched a huge a charm offensive, assuring businesses that Labour wasn't run by hard-left Corbynites who would blow up the economy.

Bond markets took Reeves at her word. Now we will feel their wrath.

Yields on 10-year gilts slid to around 3.75% after the July election. Yesterday they nudged 4.9% as the penny belatedly dropped that Reeves doesn't know what she's doing.

Higher gilt yields will add an estimated £10billion to UK borrowing costs, blowing a hole in Reeves' fiscal plans and forcing her to cut spending or hike taxes to make her sums add up.

Unless Starmer and Reeves get a grip, gilt yields could rise past 5% in short order and head towards 6%.

To put that into perspective, Greece only pays 3.32%. Despite its problems, bond markets trust the Greeks a lot more than they trust us.

The problem is, I don't think Starmer and Reeves will get a grip. They are arrogant and out of their depth.

Reeves plans to issue a staggering £300billion of gilts this year, at the highest rates of interest in decades. Most of the money will vanish into unreformed public services or the back pockets of the public sector unions.

It will do nothing to boost growth.

Reeves still thinks she can lie her way out of this. It's worked for her so far. She keeps claiming against all the evidence that she has restored economic stability.

Bond markets won't swallow it any longer. They've had enough of Labour's nonsense. Unlike the rest of us, they can do something about it. And they are.

 

Travel the world for free......... sod the old and cold .............. Rattlesnake jets off on a "working" holiday all expenses paid of course whilst the misery she has and is creating impounds on the public she has no concerns for!

The OBR updated their forecast after assessing Mr [ ! not my error! ] Reeves' October Budget taking into account her tax and spending decisions.

According to the Telegraph, for a middle-class family owning an average detached property worth £443,974, with a 15% deposit and loan of £377,000, the change in rate forecast could mean an extra £1,019 a year.

The analysis is based on five-year fixed repayment mortgage, the most popular type of home buying loan in the UK, according to the Bank of England. If a family renewed this type of mortgage in 2025, the additional cost could be even higher, at £3,538.

Speaking to the news outlet, Shadow Chancellor Mel Stride said the pain in the mortgage market was a direct result of Ms Reeves' "disastrous" Budget.

Mr Stride added: "This latest disturbing analysis once again illustrates that Rachel Reeves' Budget is completely unfit for purpose.
"Far from promoting growth and higher living standards, her decisions are destroying growth, pushing up inflation and seeing interest rates higher for longer, severely punishing mortgage holders along the way.

BIG question is why is the chancellor on a trade visit when we spend £m's on a department/ minister/ etc to do that! Bit like getting Lammy to be the chancellor or minister for Agriculture!!!
Rattlesnake is a decieving contortionist, and lapping up the freebies .....
1 year forcast come jan 2026.............. new PM new chancellor .... deepest Austerity on record required! ......... inflation 3.5% or higher ... BOE rate 5.5% or higher
Mortgage rates costing extra £1,500 or more [ with defaults soaring ] .gov loans costing £15,000,000,000 just to service them................. generally just DOOOOOOOOOOOOOOOOM

 

its beginning to happen ... Rattlesnake spent £xx?? amounts of our money on a few "break" to China [ all expenses paid of course ] as the economy crumbled and her minions stated over the weekend comments like "there isnt a problem... we inherited it ... they did it ...its not us ..." and today January 13th is it another start of a "Black Monday"???
................
The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have continued to rise.
The pound fell to $1.21 on Monday morning as the recent sell-off continued.
..................
Meanwhile, the rate at which the government can borrow money - known as the yield - rose again, hitting its highest level since 2008 by one measure.
.................
Governments generally borrow money by selling bonds to big investors, such as pension funds. UK government bonds are known as gilts.
The yield on the 10-year gilt - the interest rate at which the government pays back a decade-long loan to investors - has risen to 4.86%, its highest level for 17 years.
The 30-year gilt rose to 5.42%, its highest level in 27 years.
................
The government has made growing the UK's economy a key objective, but recent figures indicate the economy saw zero growth between July and September, while it contracted during October.
Businesses have warned that Budget measures, such as the rise in employer National Insurance contributions, together with the higher National Living Wage could lead to job cuts and price rises.

Granny Harmer PASSING the buck to AI!!!! ...
As part of its push for growth, the government revealed plans on Monday to make the UK the global capital of artificial intelligence through measures such as building a new supercomputer.
Prime Minister Sir Keir Starmer said the technology has "vast potential" for rejuvenating UK public services, but the Conservatives called the plans "uninspiring" and criticised Labour's "economic mismanagement".

 

Who’d have thought such ill conceived financial policies and generally rubbish decisions would result in a free fall of public confidence

We are paying £100bn a year just in interest to service the national debt without a penny of it being repaid

Still, as long as the Train Drivers are happy with their pay rise we’re all supposed to be ok with it

 

Public sector pensions, which the rest of us pay for, is crying out to be reduced.
Just a 5% hit would cut the deficit massively.

 

Reducing the size of the Civil Service,,bloated by an extra 22,000 members of staff who were taken on to cope with COVID would also save shed loads on salaries and pensions

We need to do as America are about to do and cut unnecessary waste from the public purse

Just as sensible nations are reassessing their Net Zero targets we’re still spending billions we don’t have on it and for what ? Apparently we were close to running very low on Gas last week !

And stop giving millions to other countries who don’t need it

Chancellor ? Piece of pi$$

2 Tier says he has full confidence in Rachel from Accounts
I see that as being the same as the dreaded vote of confidence in football