Do you want to discuss boring politics? (18 Viewers)

[mmttww]

regarding left wing people and frankly if the Tories has delivered this shambles many would be all over it.

I mean... it seems people are all over it or you'd be talking to yourself. I don't see anyone defending them a whole lot, and most people on here who'd probably fall into the 'left' bucket have seemed wary and critical of Starmer from the outset. Don't think Labour have a monopoly on over promising and under delivering either. 'Levelling Up' and all that.

 

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[tisza]

You can get stocks and shares ISAs and yes, the 20k per limit applies there too…

It's the 300bn in cash ISAs they want to "push" into investment etc

 

[rob9872]

She can come off as too righteous when she talks especially in the Commons, but I'm struggling to see what qualifies her as 'horrible'? Help me understand why she gets singled out quite a lot, because she seems a long way from the worst offender in that chamber, either from a policy or a behaviour POV.

I didn't like her from day 1. All the antisemitic posts were ok because they were 'historic', not a valid excuse for the other side of the house though. Since then she seems to be meddling in the popularity politics, whip removed, supports Palestine Action, is very trans rights that I disagree with on womens spaces, supports Liverpool and then pretends to be City for Wembley. If you like her that's fine and your choice of course, but she's not for me.

 

[Grendel]

I just want fairness in how long people have

He has dug himself a huge hole and turned a huge majority into a problem as now there is a strong faction who will stand up to him and he has shown to be pathetically weak against them.

 

[Brighton Sky Blue]

He has dug himself a huge hole and turned a huge majority into a problem as now there is a strong faction who will stand up to him and he has shown to be pathetically weak against them.

There will be a huge number who know they stand to lose their seats if this government continues as it is.

 

[Grendel]

There will be a huge number who know they stand to lose their seats if this government continues as it is.

A lot would anyway but he should have just told them he'd remove the whip and dissolve parliament rather than cave in.

 

[fernandopartridge]

Not really buying into the idea that the ISA changes are a wealth tax. Pretty sure when most people refer to a wealth tax they're thinking of the 1% and billionaires, not regular workers trying to put a few quid away.

Anyway, went hunting for some stats, not sure I'd be targeting people earing £10-50K for a wealth tax.

View attachment 44092

The income ranges look a bit off to me, if it's gross per year then min wage is £20k-29999k. Assume a lot of the holders are pensioners, or at least a lot of the money in Cash ISAs belongs to pensioners.

 

[fernandopartridge]

It's the 300bn in cash ISAs they want to "push" into investment etc

It's just magic thinking isn't it? just pushes share prices up, somebody buying a share does not mean that a company then invests that money. Where are the incentives for companies to invest? FTSE index is at historically high levels but business investment is not.

 

[Brighton Sky Blue]

A lot would anyway but he should have just told them he'd remove the whip and dissolve parliament rather than cave in.

As Blair said to Major: ‘Weak! Weak! Weak!’

 

[chiefdave]

The income ranges look a bit off to me, if it's gross per year then min wage is £20k-29999k. Assume a lot of the holders are pensioners, or at least a lot of the money in Cash ISAs belongs to pensioners.

There's other figures in here if you want to have a dig

Commentary for Annual savings statistics: September 2024

www.gov.uk

 

[Mucca Mad Boys]

He has dug himself a huge hole and turned a huge majority into a problem as now there is a strong faction who will stand up to him and he has shown to be pathetically weak against them.

That and he’s proven himself to be a weak man who folds under pressure. Be it from his party, the public or anyone.

 

[Sky Blue Pete]

Harsh from bsb gutted

 

[Mucca Mad Boys]

A lot would anyway but he should have just told them he'd remove the whip and dissolve parliament rather than cave in.

Starmer wants to be PM but doesn’t know what he wants to do in government. It’s taken less than a year to figure that out.

A strong leader would’ve done that, Theresa May should’ve threatened to call a general election to whip the Brexit Spartans into line. She didn’t because she was a weak PM.

The polls are that bad for Labour, you’d have to be a lunatic to risk a PM calling a general election if they lost a vote on ‘key’ legislation.

 

[Mcbean]

Diane Abbot is in the frame for chancellor

 

[StrettoBoy]

just pushes share prices up, somebody buying a share does not mean that a company then invests that money.

I agree.

It is also often the case that someone buying shares doesn't raise a farthing for the company because the trade is a sale by an existing shareholder. The company only raises capital if it is an issue of new shares, whether on a listing or otherwise.

Building Societies and other lenders raise a lot of their working capital from cash ISAs and there is genuine concern that, if this form of fundraising is significantly restricted, there will be a shortage of mortgage funds. If this happens mortgage rates are likely to rise.

 

[Captain Dart]

Is everybody happy?

 

[Sky Blue Pete]

View attachment 44103
View attachment 44104
Is everybody happy?

They are human beings you know that don’t you

 

[Captain Dart]

They are human beings you know that don’t you

What did Harry Truman say.

 

[CCFCSteve]

The fall out unfolds.

wasting your time, some just don’t get the correlation between an unstable government that is showing no ability to control spending and bond prices/borrowing costs going up

Not only does Reeves have an additional hole to fill from the welfare climbdown, unless things settle down, she (or her replacement) will have an even greater hole due to increased borrowing costs….and the downward spiral would continue

 

[Sky Blue Pete]

What did Harry Truman say.

Not sure

 

[Sky Blue Pete]

wasting your time, some just don’t get the correlation between an unstable government that is showing no ability to control spending and bond prices/borrowing costs going up

Not only does Reeves have an additional hole to fill from the welfare climbdown, unless things settle down, she (or her replacement) will have an even greater hole due to increased borrowing costs….and the downward spiral would continue

The answer is increase taxation and get on top of defence spending

 

[CCFCSteve]

The answer is increase taxation and get on top of defence spending

taxation will almost certainly have to increase but it will almost certainly be all of us paying it. Defence is a drop in the ocean compared to NHS and welfare

 

[Sky Blue Pete]

taxation will almost certainly have to increase but it will almost certainly be all of us paying it. Defence is a drop in the ocean compared to NHS and welfare

True actually good point

 

[Ccfcisparks]

They are human beings you know that don’t you

Disgusting bullying of women by men on here pete.

 

[Ian1779]

They are human beings you know that don’t you

So are the people they are hell bent into
pushing into poverty.

Fuck the pair of them.

 

[Captain Dart]

Not sure

“Favorite rejoinder of Senator Harry S. Truman, when a member of his war contracts investigating committee objects to his strenuous pace: ‘If you don’t like the heat, get out of the kitchen’.”

Yes they are human beings who are taking it hard but to be a front line politician you must be very very robust. Are they suited to the job at hand, I do not think so.

 

[Grendel]

They are human beings you know that don’t you

So were Liz Truss, Boris Johnson and Rishi Sunak. Scum according to the deputy PM. Spare me the tears.

 

[Grendel]

Interesting Pete finds that funny

 

[Sky Blue Pete]

Interesting Pete finds that funny

I’ve taken a battering today it was a smile
Chillax
Boris was an absolute clown

 

[Grendel]

I’ve taken a battering today it was a smile
Chillax
Boris was an absolute clown

So is Reeves - only difference is she believes she is a serious politician. I wouldn't trust her with managing the petty cash in a chip shop. Totally out of her depth and an embarrassment.

Starmer is another Cameron. Loves the title - hates accountability and scrutiny.

 

[fatso]

taxation will almost certainly have to increase but it will almost certainly be all of us paying it. Defence is a drop in the ocean compared to NHS and welfare

Believe it or not there's some idiots on here who think a government with its own currency can just print more and nore money, with absolutely no consequences.

Honestly, I kid you not!!!

 

[Mucca Mad Boys]

Believe it or not there's some idiots on here who think a government with its own currency can just print more and nore money, with absolutely no consequences.

Honestly, I kid you not!!!

@fernandopartridge

 

[fernandopartridge]

@fernandopartridge

Oh how will I cope without the approval of you and that buffoon.
I have never said that a government can print more and more money without consequence, I have consistently said that a government that issues its own currency is not dependent on tax to spend.
It must always spend first otherwise it would be unable to collect any tax.
I'm sure fatlad will agree that a sensible government should tax passive income and unearned wealth to mitigate inflationary pressure and encourage fairer asset distribution.

 

[Grendel]

oops

 

[Nick]

oops

Was that when people were popping the bubbly about a new world?