Theresa May - Not up to the Job of PM?

[spongebob59]

You might need to go way back when Gordon Brown spent all the bloody money and stuck us in a level of debt that we're only just seeing the end of a dam long tunnel.

And sold all our gold at rock bottom

 

[MegaSteve]

Would like to know why she, seemingly, remains totally blind to the incompetence of Grayling....

Is it because he stops her from looking the most incompetent person in Westminster?

 

[spongebob59]

Would like to know why she, seemingly, remains totally blind to the incompetence of Grayling....

Is it because he stops her from looking the most incompetent person in Westminster?

He is her Edwina Curry 😱

 

[larmen]

Or the Tory Abbott. Not that he is unable to count, but shows total loyalty to the current party leader. Who would fire their best ally?

 

[Deleted member 16999]

And sold all our gold at rock bottom

Not sure the Financial Times agreed

“Yes. He was unequivocally right.
The FT (hardly a left wing Brown supporter!)
https://www.ft.com/content/5788d...
Britain was right to sell off its pile of gold

On this one occasion, Mr Brown’s decision was the right one.​

Let speculators go gambling on a shiny metal, if they want to. For most governments in rich countries, holding gold remains a largely pointless activity.​

Mr Brown, his critics say, must be kicking himself. Similarly, the French no doubt still suffer sleepless nights for prematurely taking profit on their Louisiana claim by offloading it to Thomas Jefferson in 1803. And had I put my life savings on Ballabriggs at 20-1 before last month’s Grand National, I’d be writing this on a solid platinum laptop while being sprayed with pink champagne in my new beachfront villa in Barbados.​

That is the way of things with speculative assets.​

For people who say “he should not have sold” - how much gold did YOU buy? If you were not smart enough to know the future, why should he have been? How much do you buy regularly? Why didn’t you?
And remember, it is fine for you to speculate with your own money on gambles but we expect better from the Chancellor.
It is clear in hindsight that in fact the price did go up.
But it was not clear at the time. If it were that obvious the price would go up then it would already have gone up: sure thing bets have a high value after all.
Why should the UK hold gold?
To take a punt on the possibility will go up?
Should Bank of England do that? How about criticising him for not buy shares in Apple in 2006? Or for not buying the winning ticket in EuroMillions?
As it was, he sold an asset (an asset that had dropped in price for years, and was earning no dividends) to pay off national debt.
That saved us billions in debt and reduced our interest payments.

Paying off debts is boring, but sensible.

If you have debts, it is better to pay them off before you go on speculative binges that “the price might go up”.​

​

​

Hindsight is a wonderful thing.

 

[MegaSteve]

He is her Edwina Curry 😱

Didn't know Tezza was having rumpy pumpy with him...

 

[MegaSteve]

Or the Tory Abbott. Not that he is unable to count, but shows total loyalty to the current party leader. Who would fire their best ally?

By failing to despatch him continues to highlight her own inadequacies as a leader...

 

[Doon frae Troon]

Grayling is probably the ONLY cabinet minister who supports her.
Look at the faces of Rudd and Hammond when she is speaking at Wastemonster. they seem to be sitting on an ants nest.

 

[Hacker Khan]

Not sure the Financial Times agreed

“Yes. He was unequivocally right.
The FT (hardly a left wing Brown supporter!)
https://www.ft.com/content/5788d...
Britain was right to sell off its pile of gold

On this one occasion, Mr Brown’s decision was the right one.​

Let speculators go gambling on a shiny metal, if they want to. For most governments in rich countries, holding gold remains a largely pointless activity.​

Mr Brown, his critics say, must be kicking himself. Similarly, the French no doubt still suffer sleepless nights for prematurely taking profit on their Louisiana claim by offloading it to Thomas Jefferson in 1803. And had I put my life savings on Ballabriggs at 20-1 before last month’s Grand National, I’d be writing this on a solid platinum laptop while being sprayed with pink champagne in my new beachfront villa in Barbados.​

That is the way of things with speculative assets.​

For people who say “he should not have sold” - how much gold did YOU buy? If you were not smart enough to know the future, why should he have been? How much do you buy regularly? Why didn’t you?
And remember, it is fine for you to speculate with your own money on gambles but we expect better from the Chancellor.
It is clear in hindsight that in fact the price did go up.
But it was not clear at the time. If it were that obvious the price would go up then it would already have gone up: sure thing bets have a high value after all.
Why should the UK hold gold?
To take a punt on the possibility will go up?
Should Bank of England do that? How about criticising him for not buy shares in Apple in 2006? Or for not buying the winning ticket in EuroMillions?
As it was, he sold an asset (an asset that had dropped in price for years, and was earning no dividends) to pay off national debt.
That saved us billions in debt and reduced our interest payments.

Paying off debts is boring, but sensible.

If you have debts, it is better to pay them off before you go on speculative binges that “the price might go up”.​

​

​

Hindsight is a wonderful thing.

Careful there as you are destroying a myth that enables certain people to completely ignore the many failings of the current administration and just blame what allegedly happened an increasingly long time ago.

 

[Hacker Khan]

TMay may not be up to the job but christ on a bike, if this is the best alternative for the UK in a post Brexit world then god help us.

https://www.bbc.co.uk/news/uk-politics-48212755

 

[Doon frae Troon]

Johnson or McVey...……….....PLEASE bring back May best politician of a generation.

 

[SocketRocket]

TMay may not be up to the job but christ on a bike, if this is the best alternative for the UK in a post Brexit world then god help us.

https://www.bbc.co.uk/news/uk-politics-48212755

He may reward you with the Labour front bench. Now just imagine that!

 

[Lord Tyrion]

Not sure if this is the correct thread but it is the nearest political one so I thought I would use it. I have just had the candidates confirmed for the European election in my area. They cover all of the key UK parties,

Conservatives
Labour
Lib Dem
Change
Brexit
UKIP
Greens

At least I have all of the key ones as options. It will be interesting to see what happens. Do others have a similar spread or are you a few short? (I know people in Wales, NI & Scotland will have regional options as well so no need to point out the obvious there)

 

[Doon frae Troon]

I have just sent off my vote.
We have all of those plus two independent candidates.
Not sure what to make of the Independent candidates ie were they independent independents or were they Scottish independence independent candidates.

 

[Old Skier]

Not sure if this is the correct thread but it is the nearest political one so I thought I would use it. I have just had the candidates confirmed for the European election in my area. They cover all of the key UK parties,

Conservatives
Labour
Lib Dem
Change
Brexit
UKIP
Greens

At least I have all of the key ones as options. It will be interesting to see what happens. Do others have a similar spread or are you a few short? (I know people in Wales, NI & Scotland will have regional options as well so no need to point out the obvious there)

Remainer party's doing a great job to ensure their vote is split. Seems none of them want to slice the cake up but would rather fight on a ticket stating that their remain is better than the other remain.

 

[jp5]

Looks like 4 Brexit parties vs 3 Remain parties, seems both camps are split.

 

[ColchesterFC]

Looks like 4 Brexit parties vs 3 Remain parties, seems both camps are split.

Isn't it three "Brexit" parties (Conservatives, UKIP and Brexit Party), three "Remain" (Lib Dems, Change and Greens) and one "who the hell knows what they're thinking this week" party?

 

[jp5]

"who the hell knows what they're thinking this week" could be any of them

Think Labour are firmly a Brexit party though. Just a different type of Brexit, which hasn't been defined yet. Maybe if they win the next GE they can spend a few years working it out.

 

[SocketRocket]

Isn't it three "Brexit" parties (Conservatives, UKIP and Brexit Party), three "Remain" (Lib Dems, Change and Greens) and one "who the hell knows what they're thinking this week" party?

A confirmatory vote on a peoples vote .

 

[ColchesterFC]

"who the hell knows what they're thinking this week" could be any of them

Think Labour are firmly a Brexit party though. Just a different type of Brexit, which hasn't been defined yet. Maybe if they win the next GE they can spend a few years working it out.

I think that's a bit unfair. The Greens, Lib Dems and Change have been consistent with their Remain stance throughout, as have the SNP who weren't originally mentioned. UKIP and Brexit parties have been consistent for Leave. So that's just the Conservatives and Labour left. I'm not convinced that Labour are a Brexit party, there seem to be a large number of their MPs pushing for a 2nd referendum to try to get the right result this time.