Who loses with a Tory victory?

StevieJ

abaxas wrote: »

So 200 billion of spending, and we get... ermmm 0.1% growth and the prediction of a double dip recession. Also no disadvantage for those that casued it.

Well done labour and your anti robin hood policies, steal from the poor to give to the rich! Which is strange is that is exactly what labour has always accused the tories of.

He doesn't really have to accuse them, they accuse themselves

Cameron's inheritance-tax error

Which makes it all the more curious that David Cameron's Conservative Party remains wedded to enriching up to 3,000 of the country's wealthiest households by abolishing inheritance tax on estates worth less than £1m, or £2m for couples. The polling evidence, after all, suggests that the plan is less than popular.

http://www.newstatesman.com/uk-politics/2009/12/inheritance-tax-cameron-tory

Rochdale_Pioneers

abaxas wrote: »

So 200 billion of spending, and we get... ermmm 0.1% growth and the prediction of a double dip recession. Also no disadvantage for those that casued it.

You miss the point. 0.1% growth is a great performance. What would we have got without spending the cash? Lets ask what would have happened to the country had Northern Rock collapsed, pulling other basket case banks down faster than in reality. Natwest, HBOS, Bradford and Bingley all collapse with no rescue. Massive pressure then on the rest of the banks putting even the likes of HSBC and Barclays under the cosh.

Yes the smart money would have been not to spend the cash preventing our entire economic system collapsing.

abaxas

Rochdale_Pioneers wrote: »

You miss the point. 0.1% growth is a great performance. What would we have got without spending the cash? Lets ask what would have happened to the country had Northern Rock collapsed, pulling other basket case banks down faster than in reality. Natwest, HBOS, Bradford and Bingley all collapse with no rescue. Massive pressure then on the rest of the banks putting even the likes of HSBC and Barclays under the cosh.

Yes the smart money would have been not to spend the cash preventing our entire economic system collapsing.

No the smart money would have been on sorting the problem out.

I see no change in banks other than the risk moved to the taxpayer.

Where is the smart in having a GHD straighter rammed up you bottom?

Butterfly_Brain

I don't think any of the 3 main parties deserve my vote they have all been shown to be scheming, thieving, money grabbing b's (MP's Benefits OOPS Expenses)and if they were on benefits they would have been in jail by now:mad:

kabayiri

We all know the next government need to make swingeing cuts, whatever their colour. Sure, their timing may differ, but their hand may also be forced.

So far, we have had the easy recession cuts. Why? Well, those of us in the private sector who are at the mercy of market rates just have to adjust. It's just the way it is.

This is only half the story of the recession. I was speaking to 2 friends, one teacher ; one public sector. They freely admit they have hardly noticed the recession...except lower mortgage costs. However, they resent the idea of pay freezes / pay cuts, because of "some problem created by the bankers".

Now, these people have powerful union support, far greater than that which exists in the private sector.

The next government is going to have a big battle on it's hands to shrink state costs. Given Labour's historical association and funding from the Unions, I just can't see how they will achieve the cuts required.

Does that make Tories the only logical choice?

ninky_2

aelitaman wrote: »

Labour are worse than Stalin.

:rotfl::rotfl::rotfl::rotfl:off to the gulag with you....

Kohoutek

Rochdale_Pioneers wrote: »

One thing's for sure - Tories won't lose. Nor their friends. A hard pitch this austerity. Basically bankers have effed up the world's economy, now we're going to let bankers - the markets - dictate how we run the economy. Which means that ordinary people have to pay for the banker's mistakes, whilst they go back to paying themselves a zillion quid in bonuses.

I doesn't seem like much has changed under Labour though, it's just been an unconditional bailout so far. If Gordon Brown announced some credible plans to reform the financial sector to prevent this happening again, I'm sure it would help him a lot.

RobertoMoir

Rochdale_Pioneers wrote: »

You miss the point. 0.1% growth is a great performance. What would we have got without spending the cash? Lets ask what would have happened to the country had Northern Rock collapsed, pulling other basket case banks down faster than in reality. Natwest, HBOS, Bradford and Bingley all collapse with no rescue. Massive pressure then on the rest of the banks putting even the likes of HSBC and Barclays under the cosh.

Yes the smart money would have been not to spend the cash preventing our entire economic system collapsing.

The smart money would have been spent preventing the problem affecting us so badly in the first place. The smart money would have been spent putting proper systems into place to regulate banks. The smart money wouldn't have gone on pointless quangos.

Conrad

RobertoMoir wrote: »

The smart money would have been spent putting proper systems into place to regulate banks. The smart money wouldn't have gone on pointless quangos.

John Redwood and co in 2007 were specifically arguing for a cull on regulation of financial services.

Why do you filter facts rather than take an impartial and balanced look at facts?

I'm life long tory but I can't abide fact filtering, it's so narrow minded.

Anyway for the first time I won't be voting Tory and this from someone who has always been staunch Tory.
The reason - Osbourne and co called it wrong too many times plus I resent being 'lead' by an exclusive Etonian club.

The Torys have made a fatal error in allowing the old boy network to take the reigns. Yes yes - factfilter alert - yes I know T Blair was public school.

leveller2911

Conrad wrote: »

John Redwood and co in 2007 were specifically arguing for a cull on regulation of financial services.

Why do you filter facts rather than take an impartial and balanced look at facts?

I'm life long tory but I can't abide fact filtering, it's so narrow minded.

Anyway for the first time I won't be voting Tory and this from someone who has always been staunch Tory.
The reason - Osbourne and co called it wrong too many times plus I resent being 'lead' by an exclusive Etonian club.

The Torys have made a fatal error in allowing the old boy network to take the reigns. Yes yes - factfilter alert - yes I know T Blair was public school.

Redwood hasn't been in government for the last 13 yrs .As far as I can see Robert Moir wasn't crusading for the Tories at all in his post,he was merely stating facts.The fact is Labour totally failed to regulate the banking sector.

IMO theres very little difference between the "old boy network" of the Tory party and the "Jobs for the boys" of Nu Labour(prime example is Peter Mandelson), both are equelly wrong.....