a lot of time and energy wasted that you`ll never get back terror.....if I were you mate I just wouldn't bother. don't vote its easier
Nobody is listening to clegg anymore as everyone knows he is a non entity in this election after breaking lib dems hearts jumping into bed as camerons puppet last time. He has made sure his fellow libdem mp's have lost their seats and maybe his own seat as his support have dropped big time due to his betrayal. he is deluded if he thinks he has any sort of balance of power....
anyone else wonder why they don't all work together for the better of this country rather than squabbling over which side works for which class system in society. its all a game and its clear 2 see 2 some........the rest of you`s can carry on voting 2 keep these fraudsters in charge. united kingdom.......that's a fking joke and all
"One of Phillip's "points" was that the Lib Dems failed to change the voting system. They got the best deal they could (again) and as a result voters were offered the chance to vote for an AV system...which would have been a good start on the road to PR. Do you remember it? Labour campaigned with the Tory "scum" to keep the first past the post system. Got that Phillip? They worked with the "Tory Scum" to ensure that their own interests prevailed over the voters interests. Principles eh?" - Terror You seem to be under the misapprehension that I favour Labour? I have told you clearly that that is not the case, I have also clearly stated that none of the main parties can be trusted, and now I include the LIBDEM in that too, and so will most of the country come polling day. The proof of the pudding is in the eating, and you will without fail find that out on May 7th, and I'll be back on this thread then to congratulate you on your demise. I single out the Tory scum for one reason, and one reason only, and that is they are the party of the corrupt ruling elite that continue to prop up the so-called democracy, that favours the few at the expense of the many, the truth is that the Tory Party are beyond all moral sense, they have no soul, because they are the party of the City of London's financial sector, and they would consume their own grandmothers before relinquishing power and wealth. They are the most despicable of all parties, there is nothing good at all regarding them, they are completely corrupt bunch of cowards...
Like I said, the economy was growing and beginning to recover under Labour at the tail end of 2009 to the election in May 2010. http://www.bbc.co.uk/news/business-32493745
Nick Clegg outlines 'red line' demands days after his Party says they won't issue red line demands. Again, why should anyone believe him? http://www.bbc.co.uk/news/election-2015-32493930
Of course it was growing they were borrowing £160Bn a year. Any failing business can grow if they borrow enough money.
So your saying that given all the pain and suffering the current government have served up, they still failed because they borrowed £500 billion?
The Government essentially took over a business losing £160Bn a year and turned it into a business losing £90Bn a year.
When you sell off all your income generating assets, as all successive governments particulary the Tories have done since the 70's then how are you not going to borrow to make ends meet? there was a time when British Gas, British Steel, Royal Mail, BP, Rolls Royce, ICL, British Airways, British Telecom, British Rail, British Ship builders, Enterprise Oil, Britoil, Harland & Wolff, Inmos, National Bus Company, National Freight Corporation, Ferranti, Royal Ordnance, Sealink, Trustee Savings Bank, British Energy, British Coal, Water Authorities, National Airports, AEA Technology, British Technology Group, Department for National Savings, Giro Bank, London Buses, Kingston Technology, National Grid, National Power, Regional Electricity companies, Scottish Electricity, Scottish Hydro-Power, Severn Bridge, Trust Ports, British Nuclear Fuels Limited, BBC, UK AEA Ltd, Eurostar International, British Aerospace, Cable & Wireless, Amersham International, Jaguar, British Airports Authority, etc, etc, all were income streams, and that list is by no means an exhaustive list, so is it any wonder we are borrowing? Do I have any sympathy with these inept successive governments we have had? NO, what idiot sells such income streams? Only Westminster Idiots, it's a very British disease, Britain is an extreme oddity regarding privatisation, nowhere else in the advanced world is there such a willingness to sell everything that isn’t nailed down. And now finally they are meeting themselves coming back with their own iniquity, Greed, short term thinking, and plain idiocy............. Time and again the British public is ripped off and sold out by its leaders.
In 2013 London was the scene of a heist of spectacular proportions. We may never know the full extent of what was stolen, but the indications are that it was anywhere between £ 1 Billion and an eye-watering £6 billion. Although the robbery was carried out in broad daylight, it is unlikely the money will ever be recovered or the perpetrators brought to justice. This is because they were sitting in some of the world’s largest financial institutions – Goldman Sachs, Barclays, Bank of America and UBS – and acting on behalf of the British government. Yes the Royal Mail rip off ? Their instrument was the undervaluation of shares in Royal Mail, which with the initial public offering immediately soared from 330p to above 500p. The company was sold at £3.3 billion but in J.P. Morgan’s estimation the real value may have been as high as £10 billion. No wonder the IPO was oversubscribed. It was, as TUC General Secretary Frances O’Grady pointed out, akin to “selling five pound notes for four quid.” The biggest private shareholder is now the hedge fund TCI, which snagged 5.8 per cent of the company. The principal victim of this daylight robbery is, of course, the British public. The looting of Britain’s dwindling public sector.
So when people talk about our UK debt and borrowings, do I care? Not in the bloody slightest, and I am looking forward to the next round of financial earthquakes, as they hit the City of London, which they inevitable will, the financial crisis is here to stay........... Of Course the woman that started all this was Thatcher. Link:http://www.telegraph.co.uk/finance/...an-50-companies-being-sold-or-privatised.html
I have said it before...politics is riddled with corruption, If you get elected as MP then you will be entering the planet zonk where you get everything free as you sell your name to whoever will pay for it. If you lose your seat then it wont worry them like you or i if we lost our job as they carry on drawing a MP's pay for the next 4 years. **** all the parties and vote for Garry monk instead...
Asset-stripping of the public sector has become a fact of life. Even among the British left, battered by the serial privatisations of the 1980s and 1990s, there is a certain wearied resignation, a sense of going through the motions in the face of the seemingly unalterable order of things. We should resist this normalisation. Viewed from an international perspective, Britain is an extreme outlier regarding privatisation. In no other advanced industrial country would quite so flagrant a rip-off have been engineered and tolerated. Nowhere else – not even in the corporate-dominated United States – is there such a degree of nonchalance about ownership and control over vital infrastructure and public services. In the UK, the attitude seems to be that if it isn’t nailed down then it is for sale. Privatisation is increasingly the British disease. As with Royal Mail, the brazenness of the theft was stunning. In his magnificent recent book on public ownership, Andrew Cumbers, Professor of Geographical Political Economy at the University of Glasgow, found “considerable evidence that state assets were sold off at remarkably cheap prices.” Shares in BT jumped from 130p at privatisation to £15 by 1999. Railtrack was sold for £1.9 billion, but within two years had soared in value to £8 billion. The rolling stock company Porterbrook Leasing, privatised for £528 million, was re-sold just eight months later for £826 million, while the other two rolling stock companies were subsequently sold for £900 million more than their privatisation price. The architects of privatisation could barely be bothered to disguise what they were up to. Former Chancellor Nigel Lawson went so far as to state in his memoirs that undervaluation was a deliberate government tactic.
In addition, the sale of 2.5 million council houses at a total value of £86 billion – more than all other privatisations combined – helped generate the real estate boom and (as Stephen Wilks notes) ultimately contributed to the property credit bubble. Revenues from the sale of other public assets – totalling £69 billion between 1979 and 1997 – allowed successive Tory governments to maintain public spending while cutting taxes for short-term electoral gain. Leon Brittan insisted that “people always overestimated Mrs Thatcher’s grasp of economics while underestimating her grasp of politics.” The large business corporation has become a governing institution in national and global politics. This trail-blazing book by Stephen Wilkes offers a critical account of its political dominance and lack of democratic legitimacy. Stephen Wilks argues that governmental and corporate elites have transformed British politics to create a ‘new corporate state’ with similar patterns in the USA, in competitor economies – including China – and in global governance. The argument embraces multinational corporations, corporate social responsibility, corporate governance and the inequality generated by corporate dominance. That is why it is a complete wast of time to vote, welcome to 'The UK Corporate state' Democracy is dead............
Despite the taboo on public ownership enforced by the mainstream media and widely observed by the political class, opinion polls continue to demonstrate strong popular support for the idea in Britain. In fact, privatisation never commanded majority support even at the height of its popularity in the 1980s. The recently launched ‘We Own It’ campaign is finally penetrating the fog of misconceptions to bring much of this to light. Profits, dividends and share prices may have gone up, but privatisation has done precious little to lower prices or provide better services to consumers – quite the opposite...........
It might be worth a mention that the government do influence prices, although not directly. When they told the bank of England to pump money into the economy in the form of quantitative easing the BoE gave it to the banks to 'distribute'. The new lending rules, and the high street bank rates meant that hardly anyone had access to the money. They either worried about the economic climate, couldn't afford the high interest rates charged on it, or couldn't meet the new lending criteria. The high street banks are then left with a load of money that they can't buy shares with, and can't/won't lend to people. So they do the only thing left to do, which was arguably what they wanted in the first place, and bought commodities and futures. For those unfamiliar with the terms, commodities are things like wheat, meats, salt, coffee, iron ore, minerals, crude oil and so on. In other words anything that you need as it is or want to manufacture or produce other products. Futures are the same goods, but you buy them before they exist and can make or loose depending on their value when they do exist after the harvest or whatever. The high demand for these commodities means that the prices go up unless they are controlled by producing more or less. That means that everything that you buy or use is more expensive than it would be if QE hadn't been used, which is what happens in a 'normal' recession. The banks get the profit which comes from all our pockets. Sometimes the source production controls can reduce or reverse the increase. That's what happened with oil because the OPEC members wanted to devalue the shale oil and gas values that the USA were benefiting from. That doesn't help us though, as once the competition has been reduced or removed OPEC will charge like an angry bull for their crude and there won't be an alternative. All of which means that no matter who you vote for or forms a government those working and paying tax will be bled white to keep the cash rolling in for 'the boys'. You are only allowed to vote so that you have the illusion of influence, and the busier everyone is arguing about who is better or worse the happier they all are. The 'man of the people' Farage used to work in the City, as a commodities trader, so I wouldn't put too much hope on him changing much that'll benefit you and me. Vote for whoever you like, just don't expect your life to improve because of it as they all have a vested interest in keeping us where we are, and them where they are.
Here’s an astonishing statistic; more than 30pc of all government debt in the eurozone – around €2 trillion of securities in total – is trading on a negative interest rate? On a country by country basis, the statistics are even more startling. According to investment bank Jefferies, some 70pc of all German bonds now trade on a negative yield. In France, it's 50pc, and even in Spain, which was widely thought insolvent only a few years ago, it's 17pc. Not only has this never happened before on such a scale, but it marks a scarcely believable turnaround on the situation at the height of the eurozone crisis just a little while back, when some European bond markets traded on yields that reflected the very real possibility of default. Yet far from being a welcome sign of returning economic confidence, this almost surreal state of affairs actually signals the very reverse. How did we get here, and what does it mean for the future? Whichever way you come at it, the answer to this second question is not good, not good at all. What makes today’s negative interest rate environment so worrying is this; to the extent that demand is growing at all in the world economy, it seems again to be almost entirely dependent on rising levels of debt. The financial crisis was meant to have exploded the credit bubble once and for all, but there's very little sign of it. Rising public indebtedness has taken over where households and companies left off. And in terms of wider credit expansion, emerging markets have simply replaced Western ones. The wake-up call of the financial crisis has gone largely unheeded. The combined public debt of the G7 economies alone has grown by close to 40 percentage points to around 120pc of GDP since the start of the crisis, while globally, the total debt of private non-financial sectors has risen by 30pc, far in advance of economic growth. One by one, all the major central banks have joined the money printing party. First it was the US Federal Reserve. Then came the Bank of England and later the Bank of Japan. Just lately, it’s the European Central Bank. The flip side of the cheap money story is soaring asset prices. The bond market bubble is just the half of it; since most other assets are priced relative to bonds, just about everything else has been going up as well. Eventually, there will be a massive correction, in which creditors will suffer sickening losses. Nobody can tell you when that moment will arrive. We live in an “extend and pretend” world in which economies pathetically fight between themselves for any scraps of demand. One burst of money printing is met by another in an ultimately futile, zero-sum game of competitive currency devaluation. As if on cue, along comes another soft patch in Britain’s economic recovery, with first-quarter growth quite a bit weaker than expected. Like a constantly receding horizon, the point at which UK interest rates begin to rise is pushed ever further into the future. It's like waiting for Godot. When Bank Rate was first cut to 0.5pc in response to the financial crisis, markets expected rates to start rising again in a year. Six years later, Bank Rate is still at 0.5pc and markets still expect them to rise in a year. In Europe it’s not for four years. Both Keynsian and monetary economics seem to be in some kind of end game. What comes next is anyone’s guess. Of course you can always believe Fat Tory Dave, with his 'our economy is on the road to recovery' garbage but you would be a complete Idiot to believe anything he and this coalition have spouted, as the bigger global forces are waiting in the wings, to blow in the next round of financial turmoil, which will eclipse anything that has gone before........... Vote LIBDEM?.......................... please log in to view this image
