The good ship HMS UK - Parliament no longer at the helm?

chucky

beaujolais-nouveau wrote: »

You believe that the UK is always going to be led by reasonably sane people. Why? What makes you believe that the UK could never have its own Saddam Hussein, Pol Pot, Robert Mugabe?

this really does take the biscuit

i also don't want to be rude either but i think you should go back and live with your cats, watch a feel good film, lots of chocolate and enjoy your life.

kabayiri

beaujolais-nouveau wrote: »

If we don't start thinking and behaving - today - as if we were already a Third World country, we will be one in a couple of years' time. Instead of giving money to bankers, everyone over the age of 8 should be inventing and making stuff to sell, and then we might - just might - avoid the UK having to default on its loan repayments, with all that that means for the currency.

Is that the sound of a zinc nail being hit right on the head? I think it is! :T

If there is any beneficial thing to come out of this 'recession', it's a wake up call.

We have to find some way of competing with our Indian and Chinese colleagues, or the process of wealth draining from West to East is going to continue.

Let product-engineering replace financial-engineering.

We also need to find a way of making a cheaper and more affordable society. If that means using public transport more, and cars less, then so be it.

CLAPTON

beaujolais-nouveau wrote: »

I always have a little happy feeling when I read comments like this - on the lines of "no worries", "it'll sort itself out", "no pressure for change" - because I want most people to go on thinking like this until after I have my recession-survival arrangements all sorted. I hope and pray that I will have all my self-reliance measures sorted long before these commentators even get their boots on.

I am sure that the bankers are thinking and preparing in the same way. Distract and beguile the populace until it's too late - ie until the people who have already seen the writing on the wall have already launched all the available lifeboats and disappeared over the horizon to their temporary island paradise/refuge/castle.

What does this mean exactly? Its sounds good but seems to mean exactly nothing.

Its easy to say 'change' but it means very different things to different people... what new system do you propose?

CLAPTON

beaujolais-nouveau wrote: »

http://www.order-order.com/2009/01/growing-unease-about-old-ladys-secrecy.html
http://ftalphaville.ft.com/blog/2009/01/12/51012/qe-confidential/
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4214232/Reform-plan-raises-fears-of-Bank-secrecy.html



The individuals are busy putting the difficulties into the "system". People like Mandelson will jump ship as soon as it hits the rocks, comfortably equipped with savings off-shore and pension. Back at home, the economy and the taxpayer will have been financially crippled by individuals playing with the system.

thank you for providng the references about the supression of the money supply figures.... from what is reported there it seems the figure will now be reported monthly rather than weekly...

maybe or maybe not worse than before but hardly grounds for a revolution

beaujolais-nouveau

chucky wrote: »

i think you should go back and live with your cats, watch a feel good film, lots of chocolate and enjoy your life.

Don't have any cats, don't have time for feel-good films - love chocolate, though.

S'okay. What's that saying - no one is a prophet in his own country - you stay in denial, there's a good chap, at least until after I have finished investing in tinned food. I don't want to be fighting you for the last gross of baked bean tins, I want to have already bought it and got it home.

beaujolais-nouveau

CLAPTON wrote: »

Its easy to say 'change' but it means very different things to different people... what new system do you propose?

I wish that the UK had just elected someone of the calibre and maturity of Barak Obama.

Clown is giving billions of our tax revenue to the banks, over and over again, and borrowing in order to do it. Like someone with a sociopathic disorder, he seems to think that if it didn't work the first time it will work the second, third, ... time. The banks have him over a barrel - not only is the Lloyds Group receiving vast amounts of tax payer loans, they have also wangled permission not to pay interest on it.

Whereas Obama is putting in place schemes for spending tax payers' dollars on stuff that creates work, fixes stuff, relieves suffering.

lukekelly_2

Barack Obama has given vastly more to banks than Brown, just look at the bailout of AIG yesterday.

beaujolais-nouveau

lukekelly wrote: »

Barack Obama has given vastly more to banks than Brown, just look at the bailout of AIG yesterday.

The American economy is vastly larger than that of the UK. And Obama has not given out this money in the same way that Bush did (with billions of "pork barrel" to sweeten the Republicans).

beaujolais-nouveau

CLAPTON wrote: »

maybe or maybe not worse than before but hardly grounds for a revolution

I'd settle for a General Election. Tomorrow.

Rochdale_Pioneers

beujulais - I suggest you go and avail yourself of the facts. The Americans have spent vastly more than we have both in absolute terms and as a percentage of GDP. And the money has gone to their banks and to the likes of AIG with very little guarantees for the American tax payer. Remember also that American government debt is several magnitudes higher than our own.

And why stop with America? The Europeans have all pumped tens of billions into their own banks to stop them imploding. You talk like its just here - have you not been keeping up with the news from abroad? Why not?