Comments on Guy Fawkes' blog of parliamentary plots, rumours and conspiracy: Does Yvette Know Her Granite from Her Elbow?

Ironic that the fragrant Yvette is holding a campa...

2008-02-22T13:47:00.000Z

Ironic that the fragrant Yvette is holding a campaign placard from a homeless charity when she and Mr Ed do so well out of the MPs' housing allowance jackpot.

I don't wish to be unkind but yvette cooper looks ...

2008-02-22T12:23:00.000Z

I don't wish to be unkind but yvette cooper
looks like a spastic in that photo.

Yep, Stan that was a masterpiece!

2008-02-22T02:16:00.000Z

Yep, Stan that was a masterpiece!

Bravo Bravo! Stanislav; that was MAGNIFICENT!

2008-02-22T00:10:00.000Z

Bravo Bravo!
Stanislav; that was MAGNIFICENT!

Ruth Kelly, Patricia Hewitt, Yvette Bollocks, Sher...

2008-02-21T23:30:00.000Z

Ruth Kelly, Patricia Hewitt, Yvette Bollocks, Sheree Bliar, Sarah McBroon, Bendy Wendy, Hazel Blears, Vera Baird, Tessa Jowell - suffering succotash, no wonder all these ZaNuLab pricks bat for the other side or switch-hit. Mandelscock is the prettiest of the bunch by far since he lost the 'tache.
Shut that door!

Guido you can be a "legal subsidiary" but still be...

2008-02-21T18:59:00.000Z

Guido you can be a "legal subsidiary" but still be "bankruptcy remote" which is what the Granite SPV is. This isnt even an SPV issue but occurs with many companies and their legal subsidiaries. There is no other type of subsidiary since we are only interested in discussing things that are defined in law.

Trying to understand GICs and SPVs in one day is g...

2008-02-21T18:56:00.000Z

Trying to understand GICs and SPVs in one day is going to be far too much for your financially illiterate commentariat.

I dont understand how cars work but I dont demand that we return to the horse and cart when a few thousand people are killed in car accidents every year.

what a (c)rock this thread is.

Obligations is a well defined technical term meani...

2008-02-21T18:49:00.000Z

Obligations is a well defined technical term meaning the underlying security - bond, cdo whatever. All obligations means all securities that woudl lose value if NR had a credit event (bankruptcy etc). QED

Is she a Hermaphrodite ? cos that ain't no woman.

2008-02-21T18:04:00.000Z

Is she a Hermaphrodite ? cos that ain't no woman.

'Spose she heed three hands to grab all those fuck...

2008-02-21T18:02:00.000Z

'Spose she heed three hands to grab all those fucking expenses!! Grrrr

Read somewhere that Mandy thinks that after a somewhat shaky start "Gordon is now firmly in the saddle."

WHAT can he be meaning?

Oooops Looks like the padded bra has slipped....

2008-02-21T16:59:00.000Z

Oooops
Looks like the padded bra has slipped....

Thank you Uncle Rob, fixed.

2008-02-21T16:52:00.000Z

Thank you Uncle Rob, fixed.

The link to 'Annual Report 2006, Note 22, Page 86'...

2008-02-21T16:46:00.000Z

The link to 'Annual Report 2006, Note 22, Page 86' doesn't work: '404 page not found'.

stanislavcankered ship of fools ruddely captained ...

2008-02-21T16:21:00.000Z

stanislav
cankered ship of fools ruddely captained by the brooding, bullying, meanacing and thoroughly unwholseome nappy nancey

class stan class

glad lords are concerned , hope gordos back from brussels and faces the music , should be a very interesting commons session.

jaqui smith has done a statement on bugging , no offence commited , best bit was when vaz asked if transcripts/audio copies would be made available. mc nulty later went on to rubbish labour speak , how charitable .

Anon 11:42 thx for the steer. The boys and girls o...

2008-02-21T16:12:00.000Z

Anon 11:42 thx for the steer. The boys and girls on this blog won't like it coz the guy exhibits a conscience but he's hit the nail right on the head.

See this link to his blog http://www.taxresearch.org.uk/Blog/2008/02/20/northern-rock-you-cant-not-nationalise-granite-because-it-has-no-existence-apart-from-northern-rock/

Of ocurse Granite is an SPV (and why do we have SPVs? to hide something). So what is McBean-Broon-Stalin's darling glove puppet trying to hide?

Granite also has debts but if we say they are not part of NR then they're off balance sheet and we keeps our master happy don't we precious.

Only hope Vince briefs his master as the boy George seems to be out of his depth on this one.

Granite does have all the good assets. Plus it has...

2008-02-21T14:57:00.000Z

Granite does have all the good assets. Plus it has a right to call in all loans if these are not replenished quick sharp.

This vehicle will likely have to be liquidated, maybe without too much loss as it has all the good stuff. That then just leaves a nice small business with a load of crappy loans.

Here is a nice slideshow on what securitisation really is. timely really.

Lords seem to have just voted that the Crock will ...

2008-02-21T14:52:00.000Z

Lords seem to have just voted that the Crock will be subject to FOI - against the governments wishes. (164 to 133)

I've just been listening to Wee Wendy on FMQ on te...

2008-02-21T14:43:00.000Z

I've just been listening to Wee Wendy on FMQ on television - it's hilarious. Her first question to Alex was about cuts by the SNP council in Aberdeen. Shots of Alex showed his grin broadening as the question progressed. When she finally stopped, Alex pointed out that the council there was actually a Liberal, not SNP led one, and that she should direct her question to Nicol Stephen. She seems to have as much of an idea of Scottish politics as she has of truth and honesty - that is absolute zero. I'm becoming more and more convinvced that she is an SNP secret agent, out to destroy the Labour Party!

NR bill defeated in the lords!

2008-02-21T14:39:00.000Z

NR bill defeated in the lords!

Granite is a bog standard securitisation vehicle /...

2008-02-21T14:38:00.001Z

Granite is a bog standard securitisation vehicle / SPV. It is highly likely to have first dibs both on the assets and on the bank itself for its investors (buyers of its securities), in order to secure the high ratings for the bonds it issued. From this useless government's point of view it is a case of 'Doh!' rather than a dark swizz, as the Standard suggested it was yesterday.

If Granite is a Black Hole then its back to the IM...

2008-02-21T14:38:00.000Z

If Granite is a Black Hole then its back to the IMF followed by resignation of Broon and Darling.

Oh dear, oh dear.

all the good mortgages are in granite and all the ...

2008-02-21T14:26:00.000Z

all the good mortgages are in granite and all the shite is on rocks books.

what a fukin clown gordon brown

An off topic Government initiative, heard on the B...

2008-02-21T14:24:00.000Z

An off topic Government initiative, heard on the BBC.

Lie in bed scratch arse this morning and on come fucking Government Today programme with young parent John Farmer and twittering Jock literati, Toilets McNaughtie. Some fucking guttural, gabshite Scotch MP for a Labour-tyrannised shithole constituency, full of battered wife; drunken, illiterate, cross-dressing sectarian thug and fried Mars Bar outlets says Drink Is Too Cheap, The Noo.

Nigel Griffiths, Tartan Cocksucker Pursuivant to the Great Visionary, says that ye cannae have they weans getting all this cheap booze cos it leads them into the ways o’ the Divil instead of into soul-destroying minimum wage slavery or, as the GV would say, active participation in the great British democratic, Eye Dee carded, shoot on site, tap-your-fucking-phones, no more wogs here only rich ones, hospital death camp, pension-free, underwater, plague-ridden, up to your arse in debt, ponced-upon, plague-ridden, bankrupted society. Aye, it’ll be under-age drinking that’s fucking everything up. Down with AlcoPops.

Tommy getting his unprotected arse shot off, foreign gangsters running the banks, everyone’s pension down the fucking toilet, yes, Stanislav blame cheap lager for all this shit. Blame anybody but fucking government of useless thieving lying bastards like Griffiths, never done a days fucking work, good for fuck all tossers shitting in taxpayer face. Horrible gang of repulsive ugly misfits, crones and hags, Ainsworth, Blears, Flint, Schmidt, Millibuggers, Ballses; Christ have Mercy, such nightmare persons, such greedy grotesquery; contemptible, utterly unprincipled, utterly incompetent and the whole rotten, cankered ship of fools rudely captained by the brooding, bullying, menacing and thoroughly unwholesome NappyNancy living in a world of snot-eating, nail-biting, father-dominated, delusion and fantasy and paranoia. Yes, you are right; put up the price of Kestrel.

This idiot-cunt, Griffiths, claims that Tesco is subsidising the cheap lager, that it’s a loss leader, as though, under freemarketeers NewLabour, retailers should not do such things. What a prick, in order for his idol - the lost leader - to stand up and bluster about growth people have to sell stuff and as long as TESCO keep to the licensing regulations - and they do, far more so than your average whoreson publican - is none of his fucking business what they charge.

On the subject, though, of subsidised drinking being harmful, the hideously unprepossessing, spluttering gabshite Griffiths will, of course, undertake not to drink in any of the Commons’ many subsidised bars, so dutifully provided by the shit-spattered taxpayer. When Commons groupie, bon vivant, raconteur, moralist and homme des letttres, Mr Jerry Hayes, invites Griffiths, winningly, for a G&T or when the drunken, red-faced ginger bore Jock Kennedy in his short-back-and-sides haircut offers a cheap Highland malt, Griffiths will, of course, decline. Or at least offer to pay the proper price.

Out here in radio land, listening to this shit, Stanislav wondered why in no other place of public sector employment but the house of commons can employees not only do their work pissed out of what they are pleased to call their minds, but actually get their poison bought for them by those in whose faces they are shitting, those whom they reprove and admonish and chide and hector and bully and steal from, Mr & Mrs Speaker.

Never ye mind under-age drinking, Griffiths, get your tongue frae the prime minister’s arsehole and hie ye hence to the BBC and tell the electorate exactly why legislating for the nation, raising taxes, starting illegal wars and stuff, is such a trivial matter that you fucking bastards can do it - at my expense - pissed oot o yer wee minds, shouting and bawling and brawling like the horrible pisshead turd Jock Reid; why is it that you can carry on, day after day, like you were at a Glasgow wedding? Never mind a few drunk teenagers, they’re not the problem, you are, you fucking miserable nit-picking, cheeseparing, hairsplitting, idle, thieving, racist, warmongering, despicable fucking hypocrite. Go on Griffiths you phony prick, go on the BBC and tell us why you should get pissed on the job and have subsidised booze - as well as all your other scams and deceptions - but Joe Public should not even enjoy a bit of a loss leader down the supermarket. Cunt.

There's no question that Yvette Cooper is the most...

2008-02-21T14:07:00.000Z

There's no question that Yvette Cooper is the most androgynous MP in the House.....she looks like a little boy.....aha! The penny's just dropped.

Is Northern Rock a pyramid scheme for banks, which...

2008-02-21T13:58:00.000Z

Is Northern Rock a pyramid scheme for banks, which can only operate in times of plenty of liquidity?

We all know that pyramid schemes for savers is one of the oldest tricks in the book, so surely we have not fallen for the banker's version.......