Do you want to discuss boring politics? (15 Viewers)

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chiefdave

chiefdave

Well-Known Member
shmmeee said:
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its brilliant isn't it. the fact it was so obvious, the family was named AI ffs, and still nobody spotted it.
CCFCSteve said:
Surely the telegraph has been taken over and being run as a parody ?!
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its about on a level with the Express these days. journalism is fucked really isn't it, don't think there's a single decent mainstream print title left across the political spectrum in this country.
 
P

PVA

Well-Known Member
chiefdave said:
its about on a level with the Express these days. journalism is fucked really isn't it, don't think there's a single decent mainstream print title left across the political spectrum in this country.
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I don't buy papers, but in terms of online stuff The Financial Times is pretty decent and probably the best of the lot IMO.
 
Captain Dart

Captain Dart

Well-Known Member
This is in my opinion an interesting perspective on the failing state.

www.spectator.co.uk

Westminster must fall

We don't have to wait for Westminster and Whitehall. They won't like it, but they're too broken to be able to stop us
www.spectator.co.uk www.spectator.co.uk

It's quite likely the author will be attacked by the usual suspects with comments about eye tests but if you can rise above your built in bias maybe it will give you some food for thought.
 
S

Skybluekyle

Well-Known Member
fatso said:
100% agree.

Between fractional reserve banking and quantative easing the whole global financial system is a corrupt scam designed to keep the bankers in control.

The banks lend money they don't have and charge interest on that non existant money that keeps the working class in jobs they don't like for their entire lives, if you default on that loan they seize your home which they then sell for money that does exist ???
It's totally fucked up. If you do keep up with the payments you are using real money to repay non existent money, while at the same time paying tax to the government for the privilege of working to pay your bank "debt" (which the bank never even had)
If you work 5 days a week and pay 40% tax, then you are working for the tax man 2 days a week, BEFORE you even start paying interest on the non existant money that the bank "loaned" to you.

How fucked up is that?

Countries that over spend or over comit can borrow on the international markets (money that doesn't exist) until the repayments become unaffordable, then they can just print more of their own currency, until that currency becomes de-valued and inflation cripples their economy.
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Whilst I appreciate you have done your homework, but I find your explanation slightly misleading.

It is true that banks "create money" through a process known as credit creation, and the mechanism you describe is accurate to an extent. However, your comment does not describe how bank's operate under "double entry accounting". This means when the loan is issued, it is recorded simultaneously as both a liability (the deposit to the consumer) and an asset (the loan). Because of this, the principal values offset each other, so the net impact on the bank's balance sheet is initially zero.

When repayments are made towards the loan, both the asset and the liability shrink together until the money created winds down, with the interest recorded separately as profit. The bank may repossess the house as collateral if the borrower fails to repay the loan in an attempt to recover the principal amount. If the sale does not cover the amount outstanding, the bank writes down the outstanding amount as a loss.

Furthermore, the money is "real" in a sense that it has tangible economic impact circulating through the economy as "new money", whilst remaining as a liability on the bank's books.
 
shmmeee

shmmeee

Well-Known Member
Captain Dart said:
This is in my opinion an interesting perspective on the failing state.

www.spectator.co.uk

Westminster must fall

We don't have to wait for Westminster and Whitehall. They won't like it, but they're too broken to be able to stop us
www.spectator.co.uk www.spectator.co.uk

It's quite likely the author will be attacked by the usual suspects with comments about eye tests but if you can rise above your built in bias maybe it will give you some food for thought.
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This is a guy who was in govt and failed to do anything.

What is he even on about “the old courts” “the old universities”. This is just standard right wing crybabying about the rule of law and market and public opinion stopping their stupid ideas.
 
mmttww

mmttww

Well-Known Member
Cummings, Yarvin and co. could have their POV boiled down to "everyone is thick and people like us should just be allowed to crack on with it".

It's privileged, reactionary sh*te from people who mistake cynicism for wisdom. Like someone else said, what did Cummings actually get done?
 
shmmeee

shmmeee

Well-Known Member
mmttww said:
Cummings, Yarvin and co. could have their POV boiled down to "everyone is thick and people like us should just be allowed to crack on with it".

It's privileged, reactionary sh*te from people who mistake cynicism for wisdom. Like someone else said, what did Cummings actually get done?
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The absolute best you could hope for if you subscribe to taking move fast and break things into public sector is Elon Musk and he left with his tail between his legs in months having been successful at cutting zero cost and improving no efficiency.
 
Grendel

Grendel

Well-Known Member
mmttww said:
According to Jay themselves, part of the reason why is because people keep crowing for more inquiries. I think you'd do yourself a favour if you didn't lean so heavily on the Telegraph for your news btw. Billionaire tax exiles aren't gonna tend to have your interests at heart when giving editorial direction.

www.bbc.co.uk

Victims want action, child abuse inquiry chair Alexis Jay says

"People need to step up to the mark" to tackle child abuse grooming gangs, Prof Alexis Jay tells BBC.
www.bbc.co.uk www.bbc.co.uk
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It seems the Prime Minister is now one of those crowing for a national inquiry.

What changed his mind?
 
Earlsdon_Skyblue1

Earlsdon_Skyblue1

Well-Known Member
I suspect we are going to see a lot more of this coming.

1000040655.jpg

The amount of abuse that has gone on, and subsequent abuse of people wanting to have a sensible investigation on this is a disgrace. We won't forget it, or the cowards who have tried to cover it up. Like the above, it is going to be a nervous time for many.

I really hope this inquiry can provide answers, and can also help to provide some solutions for what is a very serious problem. There has been an awful lot of people that have suffered because of this, and I hope they can have some liberation as a result of this inquiry, along with action that will stop others being harmed in the future.
 
Sky_Blue_Dreamer

Sky_Blue_Dreamer

Well-Known Member
Earlsdon_Skyblue1 said:
I suspect we are going to see a lot more of this coming.

View attachment 43638

The amount of abuse that has gone on, and subsequent abuse of people wanting to have a sensible investigation on this is a disgrace. We won't forget it, or the cowards who have tried to cover it up. Like the above, it is going to be a nervous time for many.

I really hope this inquiry can provide answers, and can also help to provide some solutions for what is a very serious problem. There has been an awful lot of people that have suffered because of this, and I hope they can have some liberation as a result of this inquiry, along with action that will stop others being harmed in the future.
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I'd like there to be answers and action but we've had numerous enquiries and recommendations before, so don't hold your breath.
 
tisza

tisza

Well-Known Member
Sky_Blue_Dreamer said:
I'd like there to be answers and action but we've had numerous enquiries and recommendations before, so don't hold your breath.
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First accusations of racism and they'll all be running for the hills (politicians, bureaucrats,the lot). That said haven't the major investigations/ reports into child sex abuse by the two main Christian churches in UK been self-commissioned rather than govt commissioned?
 
W

wingy

Well-Known Member
I'm sure it's going to cost, nice money earner for the legal profession no doubt some compo to the victim's,of course it's right but on top of all the others stacking up who's paying the bill that we seem to struggle to do!😕
 
tisza

tisza

Well-Known Member
wingy said:
I'm sure it's going to cost, nice money earner for the legal profession no doubt some compo to the victim's,of course it's right but on top of all the others stacking up who's paying the bill that we seem to struggle to do!😕
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X pounds per hour for the usual 4/5 years these things take to be published. Gravy train.
 
shmmeee

shmmeee

Well-Known Member
Sky_Blue_Dreamer said:
I'd like there to be answers and action but we've had numerous enquiries and recommendations before, so don't hold your breath.
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It’s the second part. We love an inquiry, as you say we’ve had ones before into this very topic and still haven’t started implementing all the suggestions. Inquiry means no one has to do anything for five years then it’s probably someone else’s job. Anything scoped beyond five years these days is basically never going to happen anyway.
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
Grendel said:
It seems the Prime Minister is now one of those crowing for a national inquiry.

What changed his mind?
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The PM has also succumbed to ‘far right’ dog whistle politics…

Seeing some of the Labour MPs and grandees do a complete U-turn is just embarrassing to watch. They tried to gaslight the British public and the. reality hit them hard.
 
Sky_Blue_Dreamer

Sky_Blue_Dreamer

Well-Known Member
Mucca Mad Boys said:
The PM has also succumbed to ‘far right’ dog whistle politics…

Seeing some of the Labour MPs and grandees do a complete U-turn is just embarrassing to watch. They tried to gaslight the British public and the. reality hit them hard.
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Just out of interest what do you expect to happen from this enquiry that hasn't happened in the others.

And if it did would you praise Starmer for getting it done whereas all his predecessors have had the enquiries and recommendations with zero action.
 
Earlsdon_Skyblue1

Earlsdon_Skyblue1

Well-Known Member
mmttww said:
Him caring more about appeasing loud voices than listening to what victims want by the looks of it.
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Here's one victim, perhaps listen to her?



I would like to say I'm surprised that you are doubling down, but really, I'm not. Unfortunately I suspect we will see a lot of excuses and cowardly apologists to come in the coming time period, as much as we will those pretending they wanted this inquiry all along.

It's a sad state of affairs. I just hope something good can come of it moving forward.
 
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