Fantasy Island Economics
The 40% Golden Rule was officially smashed last week. The Office of National Statistics says even the fiddled government debt level now stands at 43.1%. The Treasury's Code for Fiscal Stability allows the Government to break the Golden Rule temporarily if it specifies:
Meanwhile, fresh from telling the banks to lend more mortgages at lower rates in defiance of LIBOR, Gordon is today going to tell the oil companies to drop prices in defiance of supply and demand. What is the point of Gordon's market bucking fantasy rants? To get a photo op and show he is "doing something", he will subsquently in interviews say that he told the oil companies to drop prices, just like he told OPEC to stop laughing at him. There is only one thing in his pwoer which will reduce petrol pump prices.
Given that some three quarters of the petrol price is tax, perhaps reducing the tax take on petrol would be the best way to help hard pressed voters. The Golden Rule is bust, we need economic growth. We can only boost the faltering economy if, as Dennis MacShane says, we "leave more money in the pockets of the British people by reducing their taxes". You can't buck the market Gordon, but you can borrow from the bond market...
Well the government could honestly specify:
- the reasons for departing from the previous fiscal policy objectives and operating rules;
- the approach and period of time that the Government intends to take to return to the previous fiscal policy objectives and operating rules; and
- the fiscal policy objectives and operating rules that shall apply over this period
The penny has dropped for Denis MacShane of all people:
- We recklessly overspent in the good times and when things went wrong and we nationalised Northern Rock, we bust even the fiddled limits.
- We will probably carry on spending like a drunk sailor in port and leave the mess to George Osborne to sort out, just as Geoffrey Howe had to sort out our mess last time.
- We will just throw money at any electoral problem even though we seem to have run out of people and things to tax.
Welcome to economic reality Denis. When even former Labour Ministers are calling for tax and waste reductions the tax argument is won (without any help from the Cameroons)."the prime minister can announce that he will leave more money in the pockets of the British people by reducing their taxes. This can be targeted at the indigenous working class, furious at the incessant year-on-year council-tax increases above the rate of inflation... I do not know of a single minister who privately does not despair at the waste of money on pointless projects, publications, or legions of press officers that add no value."
Meanwhile, fresh from telling the banks to lend more mortgages at lower rates in defiance of LIBOR, Gordon is today going to tell the oil companies to drop prices in defiance of supply and demand. What is the point of Gordon's market bucking fantasy rants? To get a photo op and show he is "doing something", he will subsquently in interviews say that he told the oil companies to drop prices, just like he told OPEC to stop laughing at him. There is only one thing in his pwoer which will reduce petrol pump prices.
Given that some three quarters of the petrol price is tax, perhaps reducing the tax take on petrol would be the best way to help hard pressed voters. The Golden Rule is bust, we need economic growth. We can only boost the faltering economy if, as Dennis MacShane says, we "leave more money in the pockets of the British people by reducing their taxes". You can't buck the market Gordon, but you can borrow from the bond market...
85 comments:
Gordon Brown - the worst Chancellor since Healey.
But McShane can fuck off - did he work to cut taxes while in power?
All leftists are social cripples. They cannot bear to acknowledge that the taxpayer can spend his own money wisely, efficiently and morally. We don't need twats like Blears, Brown and Jowell to mediate, thanks very much.
One N in MacShane's forename. Two Ns for officers only.
(Bill, the Galactic Hero in-joke.)
The government is exploding into a million pieces. Every Tom, Dick and Harriet is putting their twopenneth in and working themselves into a frenzy that will all end in tears.
If they've decided to become Capitalists they may as well throw the keys over to a party that has the stomach to make it happen. Alternatively, Brown can commit Johan Hari-kari by swerving to the left and possibly finish Labour off for good in the process.
And you're right. The Conservative Party has failed to champion the cause of low taxes. Until very recently our 'top strategists' have been fighting the 2005 election. Times have changed.
Gordon has well and truly dropped us All in the Brown stuff.
I see the Prudential is the latest in a long line of British companies considering a move offshore.
Just what is the point of Alistair Darling? It's about time he told Gordon to F off and get back into number 10, start being a PM and let him get on with the job of Chancellor putting right all that Gordon has broken.
MacShane's 'avin' a laff.This is about as believable as him suddenly becoming a "eurosceptic"
Your starter for the day:-
Denis McShane is writhing on the pavement calling out for help. Do you:-
a) Rush over to his aid
b) Call the emergency services
c) Ask 'where does it hurt, Denis?' and kick it better
Answers on a postcard please.
Creation of more Treasury notes when the banks are in to HMT for £50bn already? Puh-leeze.
I don't see why McShane gets credit for the Damascene conversion, where has he been for the past 11 years??
Word verification: fupmty
All too true, Guido. Too fucking true. Why can't we make having revolutions legal?
Can they no sell Northern Rock?
It'd only cost £25billion to abolish fuel duty completely.
Listen to R5:
Even with NuBBC selecting the callers the verdict is in.
Bye, Bye Labour!
I see Hugo Chavez and Gordon went to the same school of socialist economics. Venezuelan growth at 6% but inflation at 31% giving a net contraction of 25%! A taste of things to come for profligate UK PLC?
brown stole my pension..
Worst chancellor since Healey? Denis was dynamite compared with McClown!
Healey picked up the flack from the Heath/Barber government who tried to print their way out of trouble. I'm not saying Healey was a success, simply he stood little chance.
McClown on the other hand inherited a golden economic scenario - no public sector borrowing, no trade gap, rising employment levels, rising tax income and state spending under control.
And over 10 years in charge completely fucked it up!!
Anon: 09.58
I stand corrected:
Gordon Brown - Worst Chancellor since Tony Barber
Isn't it time for a VOTE OF NO CONFIDENCE in HM Government and challenge McTwat go to the people to get a fresh mandate to sort things out if he thinks he has the Ed Balls to do it. Let the people decide it.
Maybe he should read the 'Parable of Talents again. Those with no fucking talent(s) and lose all the fucking money i.e. Gordo The Snot should fuck off into the wilderness.
Come on Guido start a campaign (maybe with the help of the truckers). Much more effective than gunpowder.
Gordon Brown and Alistair Darling are set to meet oil industry leaders
Doesn't Gordon trust Alistair? I can't remember one single occasion when Blair insisted on holding Brown's hand at a meeting.
What is the point of the meeting anyway, the reason why fuel at the pumps is so expensive in Briton has little to do with the price of crude.
I wouldn't sell my whelk stall to Snottie McBean and his daft mate with the bushy eyebrows.
Sell the whelk stall to 'em, they would probably give you a pile of gold for it...
The whelk stall would probably go bust once it was nationalised mind you.
which provides the higher degree of satisfaction ?
a) Watching a traiterous cunt like Quentin or Shaun, who'd eaten the salt but betrayed his party out of personal vain glory, knowing they're doomed.
b) Watching a worthless cunt like Denis , ditching his loudly proclaimed principles in an effort to survive .
I suspect that the oil industry leaders in Aberdeen will suggest the sex and travelling option to McTwat & Co if there is the slightest hint of any blame being pushed in their direction for the exorbitant rates of tax being applied to fuel.
Guido, did you get a first in being a dumb cunt?
Oil demand and oil supply is met.
So why the speculation in price?
Because China will take the lot? Nope.
It's because greedy Tory shysters are pricing the working classes off the road.
Take it from me, there is only going to be one loser and that is those who promote 'the market' and 'market forces'.
I take it Dave and Gideon promote both on behalf of the Tory party.
Suckers.
Directors of companies in the UK have a legal obligation to shareholders to maximize profits. Forcing directors to change supply side factors that reduce profitability would be illegal - that is why they are being "asked".
Directors will know better and ignore nuLabour's requests whether it's the oil supply or mortgage rates.
The real purpose of Brown's approach is to (falsely) push the public blame onto "greedy" company directors who are only performing their duty to shareholders.
"Doesn't Gordon trust Alistair? I can't remember one single occasion when Blair insisted on holding Brown's hand at a meeting."
'Crash' is a real control freak. Nothing moves, 'not a sparrow falls' without his say so (plus the focus group, quango and falling-sparrow Tsar)
Remember, if Crash Gordon's fingerprints aren't all over it, it isn't a genuine Labour Government Policy.
McBroon - what a cunt, what a useless fuckup! Build a new lampost, outside No 10 & start weaving the rope.
Have a look at Peter Oborne's book on Political Lying, McShane is high on his list of double dealing lying gits, spinning his way around any problem. Saying anything to avoid getting caught.
The ACTUAL article he has written is fluff on a coat, because he knows and we all know that this bunch of tax and spend clowns who have squandered the money they have taken in ever increasing amounts have nowhere to go.
They are a well and truly busted flush and waiting for things to get better...well the world doesn't move in cycles to suit this lot, so they wont survive.
Brown is a bleeding jinx...visiting the oil companies will only lead to price increases, just as visitng Arsenal lost them the Premiership. All he touches turns to ashes.
The years of tinkering and pissing about in closets he should have been locked inside with no outside access are now coming back and will cost us. Not him the gold pated pensioner who probably live for years on our taxes!
BTW Dennis Healy was the geezah who said he would make the rich squeak and he did by busting the economy, by taxing at 97%. It led to income in kind and the disastrous addiction to company perks that still havent yet fallen out of the salary structure!
AT 43% where next? Yes Chavez and Brown are both in the same world, giving away money they dont have to fund inflation, and minimise growth.
This should help Gordon make the right decisions in future.
Turns my stomach, seeing that traitorous slimebucket McShame grovelling for tax cuts in an attempt to save his own worthless political hide.
Even in that Torygraph article he can't help but trumpet how cool EU law is.
Fucking choad.
Oil is flat against gold. The oil price is high because the Dollar and Pound are worth less than shite as Bush and Brown work the printing presses 24/7.
And next Gordon will order the sea not to come in
The Knunt!
£25bn to abolish fuel duty - that's a co-incidence...
1,000,000 new Macjobs to sit-on-your-fat-arse-with-your-Mickey-Mouse-degree Labour voters in the last ten years at - oo let's say £25k each? (and the fucking rest...). That'd be.. er...oh fuck me - £25 billion
This all makes me wonder exactly what level of education Gordon and his equally scurrilous colleagues managed to achieve. $135 a barrel for oil equates to roughly 5p a litre at cost, no way does this explain the £1.25 a litre we are seeing at the pumps. Gordon going to OPEC to ask for increased production is not the answer to spiralling fuel prices, the UK has the highest fuel prices in the civilised world for one reason only ... YOU! ... We pay duty, then pay VAT on top of it ,, so we are taxed upon a tax ... incredible, only here IN THE UK could this happen without a riot, never have the words, “People Get The Government They Deserve” been more true and Cameron is not about to change anything,,, think Blair,,, think Cameron... Oh and Lib Dems ,, biggest joke ever, I don’t even want to go there. A total change out is the only way forward.
McShane was in a 'debate' on Today today with Will Wanker Hutton - a real love-in of course and exposed McShanes duplicity.
I would love to be an Oilco exec at the meeting.
"Come in Mr Brown and bring your little friend."
"You want what?"
"Hahahahahaahhahah".
"We suggest that since 75% of the price is tax that a better way of lowering the price exists, so to put it bluntly, fuck off".
Oh, and I see Elsby's off on one again. Prat.
I saw some stats recently that showed that more oil was mined than used last month. Plus are not the Americans building stockpiles? And I am not at all sure that the East has 'decoupled' from the West, if we go into recession so will they, and the oil price will go down. So perhaps this current price level is as much speculator driven as anything. But very usefully it has exposed Browns tax and spend policy failure. What a complete twat.
Just checked out McShane's weird article in the DT. 2 points.
1. What a cunt. Well, obviously.
2. There must be about 100 posts following the article suddenly saying - "Ooo I can see Labour are a bunch of incompetent lying hypocritical monkeys on the make"
WELL HOW MANY OF YOU WISE CUNTS VOTED FOR THAT GREASY POOF BLAIR IN 1997????
and again the other 2 times?????
I suppose someone must have done. Just never actually met anyone who admits to it....
Guido, one error in your excellent article 'the government could honestly specify' - use of that word 'honestly'. Incapability Brown & his pack of garden gnomes wouldn't recognise 'honest',
'honesty', 'honestly' or any of those similar words if it came up & smacked them straight between the eyes (in Gordo's case 'the eye'). Born to Lie - the NuLab motto.
It's even worse than that sitondefence. It's not just the VAT levied at the pumps on both fuel tax and fuel.
North sea oil is taxed at 50% before it even gets to the refinery. The Government's tax take on the high price of oil must be the best unexpected news it has had in years.
Guido
Apropos Anon 10:08
Why don't you put up an e-petition on the 10 Downing St web-site:
"We, the undersigned ciizens of Great Britain have no confidence in Gordon Brown as Prime Minister"
If you had a permanent link to the site and advised bloggers that you can autofill your name, email address and postcode and, instead of tediously giving your address, just input one numeric character in the address panel. It's as simple as that to vote.
Then we can have the acid test - will we all step up and vote.
It's very geekish, Milliband -type stuff.
But what if it catches on?
It'll be interesting to see how long before they start to censor it - or will we all start to get letters from HMRC?
PS There's no point adding " because he's a lying, ugly, strangely weird, cunt, a closet knob jockey, turd-burgling incompetent, scottish shithouse son of the manse and therefore psychologically unfit to do any thing other than sit in a room masturbating" because the thought police will delete it.
You say the penny has dropped with MacShane ??? - and is that supposed to give some sort of reverse psychology that the real Labour people know how to run a government ? Come off it man, they are the clowns who got us into the mess to start with and they're at it again - TAX and SPEND is what they do and that's all they're good for.
My opinion is who the fuck is bothered anymore what Labour think !? They've had their chances and they've broken their promises and they've lied and fiddled and stuffed themselves and us for long enough. No amount of talk or spin will resurrect the diddly squat party now.
As for Cameron he has my vote but he'd better start getting his finger out on the spending and taxes quick, also Europe which soaks away our lifeblood and stuffs this place full of claptrap and bureaucracy.
I want for one thing, the FSA do do a big one. They are like the fcuking Gestapo and costing industry £30 billion. In addition, I want an end to the Euro-politics - This is my country and I want my government to act for me so sack every MEP because they don't act for me or anyone else for that matter.
Deliver us from evil !
Oh, and reduce fuel duty and raise a third level of tax banding for the rich - 30% will do for now, along with the non-dom bastards and their foreign companies which pay fuck all to our country but soak away our lifeblood also.
First thing we need once Labour is out of office is a public scaffold and MacShane can either join the queue of traitors or he can frig off out of here along with the 4 million immigrants eating all our jobs, forcing house prices to increase and saturating our public services.
Cut spending yes, certainly, I.D. cards for one but there's 8,500 Quango's to look at too and lots more which I'm too sick and tired of repeating.
It just gets worse. The German newspaper "Stern" said on Saturday that of £110 million which the EU is supposed to be giving to the UK to help the flood victims from last year, Brown intends to pocket £79 million and only pass on £31 million to help the poor folk who still haven't been able to get back into their homes, and to fix the drainage and irrigation systems which helped cause the floods in the first place.
http://theerrorlog.blogspot.com/2008/05/remind-me-who-flood-aid-is-for.html
Oh !
I forgot global warming.
Cut car emmissions by cutting cars burning petrol you daft idiots.
You can use the money you just borrowed to create an environmentally friendly car industry before the French beat us to it with theirs.
Wibble
How stupid does Brown think we are? [Don't answer that].
The UK already has the lowest wholesale (excl. tax) oil prices in Western Europe because of the North Sea (and probably some downward price pressure because we also have the highest tax). Increasing UK output will make little difference because extra production will just mean it is sold elewhere for more. Brown could ask the oilcos to divert oil from the higher priced European markets to the lower priced UK market (in which case they could be expected to tell him to take the "sex and travel" option mentioned above).
They could quite rightly tell him that the biggest price component is in his control. If adding duty to the cost of petrol to make if cost 80p a litre was such a good idea a few years back, why isn't 80p a litre such a good idea any more? Same price should be the same disincentive. If £1.25 is acceptable now, why didn't he put duty up years ago. Answer, because it isn't really a disincentive, the demand is very inelastic. It has always been just another tax.
Brownian motion is the random movement of particles suspended in a liquid or gas or the mathematical model used to describe such random movements.
Brownian motion, random, without direction or guidance.
Too bloody accurate
The other point on oil which arises from someone else's comment on the oil companies preferring to use the stuff for more expensive products is why don't we stop using the fucking stuff.
Nuclear is the way to go and is incredibly safe. Even the officers of the Royal Navy can't produce an accident with it and God knows they've fucked up everything else the public buys them.
If we ploughed back all the oil tax into research and infrastructure development and gave the oil companies sufficient incentive on a carrot and stick basis we could make hydrogen viable in 5 years and tell the camel jockeys and the haggis eating sheep shaggers in Scotland to fuck off back to the dark ages.
The beauty of the internet, blogs and public participation.
This telegraph article so clearly shows how things are developing for the better.
In the past a person could point to an old article they wrote and say whatever they like about how it was received at the time.
This clearly sets in stone the contemporary public reception of the article - and the author will never be able to use it in an campaiging of revisionism he may have in mind for the future.
Now we can and will learn from the past to a level never before imagined - Labours reputation can never, ever, recover. Duplicity will be clearly visible - all politicians take note.
Its just the dying throes of this administration as it threshes about forelornly hoping for 'events' to come to its rescue.
Brown must be truely desperate ...things keep changing...his 'legacy' crumbles before him....the economy collapses .....his reputation is shot...he boasts of eliminating child proverty while passing laws / taxes that will increase it .... he is hostage to every special interest group that can garner enough publicity...the party hyenas start the long slow process of internicine feuding and positioning to pick over the political corpse when he is finally forced out.
He has longed, yearned, schemed for this job for over 10 years and now it is destroying him and there is nothing he can do to stop it. Its enough to make anyone go mad.
In 10 years time he will be seen as the Macbeth PM. Its a tragedy - for him and for us.
To Rugfish: if you remotely imagine that Cameron and his Common Purpose apparatchiks intend to liberate us from the EU, I'm sorry to inform you that you are deluded in the extreme, my dear fellow! Time for more extreme measures, methinks.
Good old Gary, the Elsbynomics master of Stoke-the-Shithole has floated back to the surface, and in one grandiose statement has exposed the true cause of the crippling fuel costs as:- "greedy Tory shysters (who) are pricing the working classes off the road."
Well fuck me sideways Gary, who would have thought that an economic illiterate who was rejected by the voters in favour of a more intelligent BNP candidate should have spotted the answer that everyone else has missed. Firstly there are no working classes in Stoke, you cunt, only benefit classes, and what business do they have driving in the first place? As far as the real working classes go, down in the tax-paying South, it seems that your version of Elsbynomics is scarcely credited - some even believe that the great grey greasy snot-gobbling fairy with the degree in the history of Labour party fuck-ups, and his greed for tax, might have something to do with it.
But what do they know eh, compared to a buoyant turd in the bowl of ZaNuLab fairytales like the great Gary Elsby, pride of Stoke?
Last year, around the time Brown seized power without any kind of democratic mandate, I attended a Radio 4 'Any Questions' broadcast from my local theatre.
Penis McShame was on the panel. An audience member asked a question along the lines of 'can politicians be trusted?' McShame answered in flowery language, talking about how politiicans wished to serve etc etc.
Of course, this led to hoots of derisive laughter from the audience.
I will always remember the look on McShame's face when confronted with such hilarity and cynicism. It was a mixture of surprise and indignation- as if to say 'how dare all of you disbelieve me!'
Therefore I was forced to conclude the man is a vain, deluded, power-corrupted twat of the highest order.
I'm not the type to advocate violence but stringing him up via the nearest lampost would be too good for him to be honest.
Cnut.
Here's a message for Gary Elsby, NuLabour troll and failed councillor from Stoke-on-Trent: today's Guardian reports that Labour, who for years ran the show, are now toast in Stoke and their angry and pissed off ex-voters are turning in desperation to the BNP. What a fucking shambles Elsby and his comrades have made of their town.
http://www.guardian.co.uk/politics/2008/may/28/labour.thefarright
I refer and rely upon my extremely accurate analysis of why oil is highly priced at the moment.
Gordon is suggesting that demand is outstripping supply. I'd like to know where Gordon has accepted this information from. Is it a get out clause for high taxation?
Demand is met by supply and that is that.Quote Gary and you'll become famous.
There is an alarming fact that has been noticed in military circles that Iran has been busily denying world markets of 25 Billion barrels of oil and has it stored in ships. Hmmmmm, I feel a threat of war coming on.
Tory shithouses are speculating in oil as they have done in housing.
I call them cunts, you call them marketeers.
I stand by my claim that for you to agree with them , makes you a cunt, does it not?
Gary
Demand is met by supply!?!?!?!?!?! "I change my mind when the facts change" - I'm at work so can't express my vitriol like Shotgun would but **************************
But Gary nobody believes a loser esp to a woman BNP candidate
If Guido thinks the current oil price is being detrmined by supply and demand he is even more economically naive than I thought he was.
Regulation of hedge funds is now well overdue - perhaps a sharp increase in the capital weighting applied to bank's lending to hedge funds would be the answer, or even treat them as a deduction from bank's capital base.
Thank you 1.24.
But there is no use knocking on any Tory door, when all you'll get in return is a Tory opening it and facing you.
They are as thick as fuck.
Today's Stoke, no wonder Gary is a bit unhinged.
The Labour party is tearing itself apart and can't decide whether to go left or right.
Go left and shaft the core vote?
Or go right and help the core vote and everyone else who pays taxes?
knowing Labour, they will stay where they are and do nothing!
Take it from me, there is only going to be one loser and that is those who promote 'the market' and 'market forces'.
How have we ALL missed that fact?
Gary Elsby - you are our shining star.
How can we fast-track you into the Cabinet?
Maybe a good start would be for you to get yourself off benefits and become a big beast in the local political scene, maybe stand in the local elections for the council even.
Gary the world could be your lobster, you could be our next Henry the fifth. Who can forget his famous rally call "I may have the body and tenticles of a weak woman, but never interupt an enemy making a mistake".
Loads of city types are Krug Socialists. I know I work with enough of them.
Cunts who can afford socialism
45,
yes, ofcourse gary is a total and utter cunt. as for your other assertion concerning the bnp; there is no such thing as an intelligent bnp candidate. for if they were intelligent they would not stand for the british nazi party.
get with the fucking programme 45, the bnp are a bunch of traitors who would sling madge on the bonfire without a second thought.
they are a party who, through the use of social division, seek to take advantage of the currently weak state of the nation.
what a bunch of cunts, cut from the same cloth as gordon.
that's why new labour are fighting with the bnp for votes.
stop blaming the wrong people.
take better aim 45.
Sling Madge on a bonfire? What? Madonna? Is that green? Think she's oil based now - yowzers! Tina Turner used to be the litmus question, she ain't there yet but soon, soon I tells ye
i think mr mcshane may be a bit worried from local election results , 2 BNP candidates were elected including ousting the lab mayor ??
rotherham is a bit up set at the progress of multiculturalism and the loss of its once thriving town centre.
another solid labour seat thats had enough of them .
The grandmother of murdered Harry Potter actor Robert Knox summed it up pretty well, "Anyone can produce a baby - it takes a good parent to produce a civilised adult."
So what we have is Nu Lab taxing dads' cars so they have to work longer and harder in order to support the feckless.
And still they see no link between the milking the productive classes and the rise in violent crime.
Thickas - this is what I said:-
" a more intelligent BNP candidate".
More intelligent than Gary is not hard, and confers no particlar level of perceived erudition on the BNP candidate, of whom I know nothing except that he or she polled higher than the floating turd of Stoke-in-the-Bowl.
Now I know you have a particular distaste for the BNP, and while I hold no brief for them, I must take issue with your assertion that - "they are a party who, through the use of social division, seek to take advantage of the currently weak state of the nation". Thicko, that is the perfect description of ZaNuLab led by the monocular fairy McTwat, who endorsed the poisonous "Toffs" campaign in C&N.
I am beginning to suspect that you are one of these faux democrats who, like the Bliar Bollox Cunts would deny the rights of the BNP, and anyone else you deem unsuitable from presenting their candidates and policies for the electorate's consideration. That being the case, fuck right off, I don't need you, the BBC or anyone like you to preselect my choices for me - you are like the cunts in ZaNuLab deciding that the poor bastards in StHelens had to choose the slimy rat Woodward.
I prefer my democracy the old fashioned way, no matter how out of favour in has become in our world of PC cunts.
9:32am
Fucking poisonous foreign bastard. Time to boot Squat Gord back to the bilious bubbling bog where he belongs. Bugger off Brown mate.
45,
me, politically correct? don't be a spastic 45. your fuck off tablet was misprescribed.
I like my democracy old fashioned aswell, if it aint broke, why the fuck fix it?
I also know that pc is used to prevent debate, whereas I enjoy debating.
and I am willing to debate with bnp spastics anytime at all.
but they seem too scared to debate with me.
fucking cowards.
cheers 45, always a pleasure.
What is that polish sausage doing now? Lecturing US on a low-tax economy!?! You've gorra laugh. I still reckon Majiacek/MacShane will be a lot happier sucking the EU's cock in Strasborg.
3:12pm
Like the subtle alliterative style, cane toad exterm - an almost onomatopoeic allusion to the trubbling times in which we dwell, hunkered down dour dismal way. Would however tentatively suggest "The Squat Turd" would project a far more socially resonant image into the insufferably invaded English psyche. Otherwise, I think Larkin would be proud of you.
"if they were intelligent they would not stand for the british nazi party."
Ah, so that is why New Labour MPs are so thick. Or did you mean another "british nazi party"?
Way to go, 45govt, way to go.
Hello, hello boys,
45govt, cane toad ext, thikas, aesthetic dross...
I'm not sure I like the way this thread is drifting. A little more care and cultural consideration required in the crafting of our communicative intercourse, if I may so humbly observe.
Now that you knobs have been lessoned in what is really happening outside of CCHQ, is it at all possible that we can have a re run of the Crewe and Nantwich election.
Thought not, you shithouses.
Guido, old chap.
Must as I'd hate to agree with Elsby, I'd be grateful if you'd stop perpetuating the Government's line that the price rises are due to the market responding to a supply shortage.
Go figure: there is no supply shortage.
David Kelly, of J.P. Morgan Funds: “One of the things I think is very important to realize is that the growth in the world oil consumption is not that strong." (see the link)
The price inflation we're seeing is largely down to leveraged oil futures trading.
is it at all possible that we can have a re run of the Crewe and Nantwich election.
Why? Do you want the Tories to have an even bigger majority? Gimp. No wonder the BNP walked all over you.
Gary Elsby the product of the ZaNuLab ejukashun sistim innit, says:-
"Now that you knobs have been lessoned"
Elsby, you illiterate turd, just as you attempted to turn "cunt" into a verb in a previous oeuvre, now you want to do the same with "lesson"?
I would have thought that you would have been lessoned by now having been pissed on by a BNP chick that you are totally cunted.
I love to daydream - it relaxes me.
At the moment my favourite daydream is of Gordon knocking on the door to OPEC's offices and being refused entry - then standing around for twenty minutes unsure what to do and then abandoning his quest and pissing off in his Jag/Range Rover convoy.
Occasionally, I modify things by actually having him ejected from the offices by OPEC security officers and dumped on the pavement outside in the full glare of the worlds media.
My second favourite daydream involves my favourite MPILFs Caroline Flint and Lynne Featherstone getting aquainted with some baby oil and fruit jelly but Im not going to tell you about that one.
85M barrels of oil per day is required and 85M+ barrels is pumped and delivered.
No matter how much you thick Tories bang on about Gordon, petrol or food prices, the culprits are Tory shysters speculating in hedge funds.
You are totally stupid, you are totally thick and you are total cunts.
It bothers me little that you are Tory, thick and cunts, all I wish to do is write it and smile.
Guido, you fucking Tory wanker!
I can't wait to be an MP cos I'll fucking murder that bunch of twats on the other side.
Gary
I can't wait to be an MP cos I'll fucking murder that bunch of twats on the other side.
Given that you couldn't even get elected as a local councillor you'll wait a long time.
World's worst election leaflet wasn't it?
Tricky questions:
Did Gary Elsby shag his subnormal sister and produce thick as thieves?
Or did thick as thieves shag his subnormal sister and produce Gary Elsby?
Gary Elsby - you provide an interesting insight into the mind of a would-be Labour politician (or should that be fanatic?). You have confirmed something I have long suspected. Thank you.
Your mental state goes a long way to explaining the deranged, demented, arrogant and vindictive abuses of power exercised by our New Labour government.
If you are proud of that outburst you really do need medical help.
I read your campaign leaflet too. Poorly articulated puerile rubbish. You might be smiling but your leaflet reveals you will always be intellectually and grammatically challenged - as well as quite possibly mentally ill..
Dear Tory Boys Never etc. @ 1.24
You are so economically illiterate that one doesn't no where to begin.
Do you want to drive business away from the City? This would be heavy handed regulation of a kind that London does not do. New Labour had the good sense not to tinker with the golden egg laying goose.
How would you define a hedge fund and determine if a bank was lending to it rather than just carring out normal lending? When is an oil trader a hedge fund?
I can't wait to be an MP cos I'll fucking murder that bunch of twats on the other side.
Gary Elsby:
Are you for real?
I 'read' (tried to comprehend) your election leaflet . You're illiterate. Not only that, you clearly live in a fantasy world.
You appear to be under the misapprehension that your opinions are of value to other people. However, when confronted with indifference/alternative views you become highly abusive - especially towards 'tory cunts'.
What possibly makes you think that anybody would vote for you? They didn't in the local elections and definitely wouldn't in a General Election - I doubt you could get elected to the PTA (probably for the best, as you remind me of a certain Mr Hamilton).
Seriously, Gary, get some professional help.
I didn't suggest the regulation be done by London alone (and we probably couldn't even if we wanted to - but that is another story), that would be totally pointless - the whole world is suffering from the same problem. All types of institution are already defined in Basel/BIS regulations - so it shouldn't be too difficult to define hedge funds or speculative traders (my guess is that the regulators have probably thought about this in some detail already - so probably have a nice definition ready and waiting for when the politicians have the necessary gumption). They would probably look at the degree of leverage that they have for starters - and if a bank is lending to a hedge fund (or an oil trader for that matter) without knowing the degree of leverage they hold then they deserve all the arbitrary regulation that can be thrown at them.
So how would you handle speculation in commodity prices, which is actually causing real grief to real people especially in the 3rd World - more old Tory boom and bust - just trust in the unregulated markets (and blame supply and demand) and hope that you can make a few illgotten gains on your own account.
Speculators can't distort a market for ever.
It is an old saying that for every buyer there is a seller. Still true.
Do you really think the Swiss, Chinese, Bahamians or Yanks would go along with your socialised financial markets? No. So forget it.
High Finance Capitalism is the only game in town. Marx said it would be a prelude to socialism, don't count on it.
How would you handle high commodity prices - price caps? Don't work do they? Rising demand, signaled by rising prices, should bring forth increased supply.
Bollocks, Guido!
Why do you spend any time nailing Brown and Labour, when you know that they have fuck all to do with fuel speculation.
Apologise you cur!
Gary
Guido,
you are commie macshane and I hereby etc.
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