Do you want to discuss boring politics? (9 Viewers)

shmmeee

Well-Known Member

SBT

Well-Known Member
To be fair the public don’t want tough choices or be told how it is. They all want to believe in fantasy politics/economics ignoring the collapse in French government (again), problems in Germany, Japan PM resigning…all predominantly caused by government finances

As desperate as it sounds, I’m pretty sure that everyone in No11/the treasury will be hoping for a downward revision in US jobs figures today which might just get global yields down a bit
The US jobs report was on Friday and showed the US lost jobs in June, the first monthly loss since Covid was still a thing.

The French PM quitting was the top story on the BBC news site as soon as it happened tbf.
 

CCFCSteve

Well-Known Member
The US jobs report was on Friday and showed the US lost jobs in June, the first monthly loss since Covid was still a thing.

The French PM quitting was the top story on the BBC news site as soon as it happened tbf.

You’re right about jobs report on Friday already showing a slowing down. There's jobs revisions report up to March 25 released today (different reports) which is based on more accurate data than the weekly/monthly figures* Markets mayve already priced in expected downward revision but we’ll see. Might help with yields a little bit


Of course France PM resigning is going to be a top story in the media. I’m talking about the public/media connecting the dots ie most counties are struggling due to government finances and acknowledging that we’re in a similar boat

*not that Id 100% trust it if trumps got involved
 

SBT

Well-Known Member
There's jobs revisions report up to March 25 released today (different reports) which is based on more accurate data than the weekly/monthly figures* Markets mayve already priced in expected downward revision but we’ll see.
Don’t worry, the jobs numbers are about to get a lot more positive in the US as soon as the new Bureau of Labor Statistics commissioner is in place!
 

CCFCSteve

Well-Known Member
Don’t worry, the jobs numbers are about to get a lot more positive in the US as soon as the new Bureau of Labor Statistics commissioner is in place!

Haha, maybe. The weird thing is Trump should want the numbers to be bad in the short term as it’s likely to lead to the Fed cutting rates more/quicker….he just doesn’t want to be seen to be the cause of them being bad !
 

shmmeee

Well-Known Member
Definitely sounds like a man who has nothing to hide



What on earth makes Millionaire banker Nigel Farage so upset about institutions that promise to tackle tax avoidance on a global scale? We may never know.

Man just loves freedom I guess.
 

Grendel

Well-Known Member
What on earth makes Millionaire banker Nigel Farage so upset about institutions that promise to tackle tax avoidance on a global scale? We may never know.

Man just loves freedom I guess.

Like you he doesn’t like paying tax
 

rob9872

Well-Known Member
Labour are either obsessed with Farage or they see him as a genuine threat. A government with 400 MP's really shouldn't be giving so much air time to a minority party with 5. Nobody is fooled. They were given a mandate not for themselves, but simply because they weren't the last lot. It would be better if they made a real good go at it instead of scoring own goals at every opportunity.
 

Brighton Sky Blue

Well-Known Member
Labour are either obsessed with Farage or they see him as a genuine threat. A government with 400 MP's really shouldn't be giving so much air time to a minority party with 5. Nobody is fooled. They were given a mandate not for themselves, but simply because they weren't the last lot. It would be better if they made a real good go at it instead of scoring own goals at every opportunity.
Because for the small number of MPs I think Reform are the effective opposition and the biggest threat. The Tories are a total mess and the Lib Dems while having a pretty chunky number of MPs themselves are probably more aligned with Labour on most things.

Agree with your last 2 sentences though.
 

rob9872

Well-Known Member
Because for the small number of MPs I think Reform are the effective opposition and the biggest threat. The Tories are a total mess and the Lib Dems while having a pretty chunky number of MPs themselves are probably more aligned with Labour on most things.

Agree with your last 2 sentences though.
Kind of agree, but save that for the final 18 months of power before an election. At this stage they should be simply ignoring them and see what happens. We're less than 18 months into a 5 year term and their focus should be on their own policies.
 

Brighton Sky Blue

Well-Known Member
Kind of agree, but save that for the final 18 months of power before an election. At this stage they should be simply ignoring them and see what happens. We're less than 18 months into a 5 year term and their focus should be on their own policies.
That's been my main gripe with them from the start to be honest. They've been governing in 'election' mode while managing to piss everyone off.
 

SBAndy

Well-Known Member
Kind of agree, but save that for the final 18 months of power before an election. At this stage they should be simply ignoring them and see what happens. We're less than 18 months into a 5 year term and their focus should be on their own policies.

Agree. They’ve absolutely shat the bed. Someone should tell them that polls 42 months from a GE don’t really matter a great deal.

I’ve said before, they feel like they’re still in campaign mode rather than governing mode.

Edit: 42 months, not 30.
 

Grendel

Well-Known Member
Starmer suck up Brigette Phillipson favourite to be deputy leader
 

Grendel

Well-Known Member
A true patriot then

I doubt many people are bothered what Farage does regarding tax as long as it’s not illegal.

Rayners problems were due to ideology conflicting with her actions and the fact she evaded tax nor avoided it.

Like Abbott you can’t campaign against things you then take advantage of and expect people to be ok with it.

The interesting thing about Rayner is that people have said it was snobbery and the right wing press that bought her down.

The BBC conducted interviews in her constituency and admitted they found very view of her voters having any sympathy with her and that they felt she had joined the elite and didn’t care any more,
 

Brighton Sky Blue

Well-Known Member
I doubt many people are bothered what Farage does regarding tax as long as it’s not illegal.

Rayners problems were due to ideology conflicting with her actions and the fact she evaded tax nor avoided it.

Like Abbott you can’t campaign against things you then take advantage of and expect people to be ok with it.

The interesting thing about Rayner is that people have said it was snobbery and the right wing press that bought her down.

The BBC conducted interviews in her constituency and admitted they found very view of her voters having any sympathy with her and that they felt she had joined the elite and didn’t care any more,
Her constituents have it in their gift to trigger a by election I suppose.

It has however struck me as odd for people, not just Farage, who claim to be patriotic but find ways of not paying their fair share to HM Treasury.
 

Grendel

Well-Known Member
Her constituents have it in their gift to trigger a by election I suppose.

It has however struck me as odd for people, not just Farage, who claim to be patriotic but find ways of not paying their fair share to HM Treasury.

By law it is a fair share?
 

Captain Dart

Well-Known Member
Because for the small number of MPs I think Reform are the effective opposition and the biggest threat. The Tories are a total mess and the Lib Dems while having a pretty chunky number of MPs themselves are probably more aligned with Labour on most things.

Agree with your last 2 sentences though.
The new group which Burnham and Clare Short joined (I think they're called mainstream) to promote policies they think the next Labour Deputy leader & party should support are advocating PR. Is this not a tacit admission they think Labour are unlikely to ever form a majority government in the forseeable future?
 

Sky Blue Pete

Well-Known Member
The new group which Burnham and Clare Short joined (I think they're called mainstream) to promote policies they think the next Labour Deputy leader & party should support are advocating PR. Is this not a tacit admission they think Labour are unlikely to ever form a majority government in the forseeable future?
Needed pr for some time
It’s no a panacea of course
 

SBT

Well-Known Member
I doubt many people are bothered what Farage does regarding tax as long as it’s not illegal.
Is this the new ‘nobody cares about parties’?

I don’t know if this Clacton house will be the end of his political career (I doubt it) but his entire party is built in opposition to an out of touch political class, and if the increased scrutiny of his personal affairs throws up more examples of him having plenty in common with the politicians he regularly lambasts then there will likely be some political fallout to that.
 

Sky Blue Pete

Well-Known Member
Is this the new ‘nobody cares about parties’?

I don’t know if this Clacton house will be the end of his political career (I doubt it) but his entire party is built in opposition to an out of touch political class, and if the increased scrutiny of his personal affairs throws up more examples of him having plenty in common with the politicians he regularly lambasts then there will likely be some political fallout to that.
He’s the messiah sbt
Him in power and remove any non white person all will be well
This governing really is a piss easy really
 

Grendel

Well-Known Member
Is this the new ‘nobody cares about parties’?

I don’t know if this Clacton house will be the end of his political career (I doubt it) but his entire party is built in opposition to an out of touch political class, and if the increased scrutiny of his personal affairs throws up more examples of him having plenty in common with the politicians he regularly lambasts then there will likely be some political fallout to that.

Why do you constantly edit posts and miss the context?
 

PVA

Well-Known Member
By law it is a fair share?

It depends if you think he has zero beneficial interest in the property or not. If he does have some, then it's tax evasion.

I'm sure he will claim he doesn't.But he claimed to have bought the house originally. And I highly doubt if he was to separate from his partner he'd be happy for her to keep the house.
 
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Grendel

Well-Known Member
It depends if you think he has zero beneficial interest in the property or not. If he does have some, then it's tax evasion.

I'm sure he will claim he doesn't.But he claimed to have bought the house originally. And I highly doubt if he was to separate from his partner he'd be happy for her to keep the house.

How is it tax evasion?

It’s now nothing to do with beneficial interest? That’s a separate IHT tax?
 

Grendel

Well-Known Member
There is huge confusion on tax evasion and tax avoidance here which is a bit embarrassing.

Angela Rayner evaded tax by completing her return incorrectly and non declaration. Nigel Farage has avoided tax by using legitimate HMRC legislation regarding property purchase.
 

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