Off Topic Politics Thread

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I don't mean to be rude and I hope you don't take offence at this, but it it significant that the only strong advocate of Leave on this thread didn't actually understand the financial implications and the fortunes to be made from NoDeal.
And of course money doesn't come from nowhere. If it's going into the pockets of people like the odious Odey it's coming from somewhere else, probably out of the NHS indirectly.
 
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Beddytare said:
Just a point guys........I'm being told that the betting on remain is going up........... is this right? A lot of you find facts that seem to elude me for what ever reason. So what's your view? After all surely those that expect to win millions on coming out, some must be gambling on a remain surely...........I guess though they are not known as fat cats?
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We await then, Johnson´s fantastic piroutte, then.
 
Chilco's basically said it but just to have it stated, the rich use investments rather than actual betting. Even though they are often very similar in principle. So if you mean the amount bets made betting companies, then that's likely not going to be the rich. Currency exchange is a decent indicator of where they are putting their money on the moment to moment stuff

When I talk about the rich making money though, it's more on long term investments and buisnesses.
 
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Beddytare said:
Just a point guys........I'm being told that the betting on remain is going up........... is this right? A lot of you find facts that seem to elude me for what ever reason. So what's your view? After all surely those that expect to win millions on coming out, some must be gambling on a remain surely...........I guess though they are not known as fat cats?
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The people who - allegedly - hope to make billions shorting the pound when we crash out without a deal, are not the same people framing the market on betfair, most of whom are just staking a few quid. So the betting odds don’t necessarily reflect the real likelihood of a specific outcome.
 
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The betting market sees an extension or revocation of A50 by Oct 31st as the most likely outcome in the short term

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The betting market does not expect the U.K. to leave without a deal this year...

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Are betting markets reliable guides? Well, as my old Nan used to say, you never see a bookie on a bike (but then, bookies don’t frame the market, punters do)
 
Archers Road said:
The people who - allegedly - hope to make billions shorting the pound when we crash out without a deal, are not the same people framing the market on betfair, most of whom are just staking a few quid. So the betting odds don’t necessarily reflect the real likelihood of a specific outcome.
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You say allegedly, but when people like the Prime Member’s own sister and the former Chancellor Philip Hammond are both saying it, it’s a reasonable assumption that there is a lot of truth in it!
 
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ChilcoSaint said:
You say allegedly, but when people like the Prime Member’s own sister and the former Chancellor Philip Hammond are both saying it, it’s a reasonable assumption that there is a lot of truth in it!
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Indeed. And any responsible media outlet ought to be investigating those allegations with the intention of exposing any such chicanery. But this is Britain in the 21st Century, so I’m not holding my breath.
 
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Farked19 said:
The answer to your question Why would anyone vote Liberal? Is an easy one. If you want to Remain it's an essential part of the equation. If we had for example a Tom Watson at the head of Labour then we could vote fir them and trust that would be the outcome, But Corbyn has been a Leaver ever since we joined and he hasn't changed. Regardless of your list of bad Liberals, and I could easily respond with a list for both the other main parties, the LD's now offer us a route to Remain. At least we can trust them on that. As a Labour supporter who has worked at every GE since as a 12 year old I ran between polling station and committee room in the 1964 Wilson victory. I will now support whichever candidate is best able to beat Pfeffel. I suggest that everybody does the same.
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I don’t think the Lib Dem’s will get a majority, and will just weaken the Labour vote allowing the potential for a Tory gain in unexpected seats, so unless there is a chance to unseat a Tory, I would hope that Labour supporters stick with their party.
Labour, on the other hand, WILL give us the opportunity to vote for Remain, so in marginal seats like mine I would hope that Lib Dem’s would swing the vote in Labour’s favour.
 
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St Badger said:
I don’t think the Lib Dem’s will get a majority, and will just weaken the Labour vote allowing the potential for a Tory gain in unexpected seats, so unless there is a chance to unseat a Tory, I would hope that Labour supporters stick with their party.
Labour, on the other hand, WILL give us the opportunity to vote for Remain, so in marginal seats like mine I would hope that Lib Dem’s would swing the vote in Labour’s favour.
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It has to be a two way street though. I wouldn't suggest voting against Labour in seats they hold. I do think however that where the LD's are the challenger in Tory seats it is our duty to support them. This is the only way Pfeffel will be defeated.
 
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Farked19 said:
It has to be a two way street though. I wouldn't suggest voting against Labour in seats they hold. I do think however that where the LD's are the challenger in Tory seats it is our duty to support them. This is the only way Pfeffel will be defeated.
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And that’s true the other way round as well, particularly in Uxbridge, where if all Lib Dem voters switched to Labour, a certain Alexander Boris de Pfeffel Johnson could be unseated.
 
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And for those of you (@Beddytare?) still thinking our future post-Brexit trading partners might include Australia, here’s former PM Julia Gillard to set you straight...
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