Willlow
Well-Known Member
But it seems to be annoying him, which I don't understand.
Talking about politics isnt annoying me, people being blinkered to a belief about one party whilst ignoring exactly the same problem with other parties is.
But it seems to be annoying him, which I don't understand.
And shall we discuss the £12bn NHS computer system shambles?
You raise one of the three areas of complete mismanagement by this Labour Government.
1. Procurement - especially in terms of IT contracts. If you quantify how much we've pissed up the wall on this, you'd take a big chunk out of the National debt. However, all Governments records on this are shocking.
2. Balance of payments. In the early noughties, we should have decreased spending in some areas when we increased it in others. We didn't and this has bitten us on the arse. They got cocky - but so did 99% of the population as well.
3. Gold sale. Bad decision, cost us a fortune.
Mr Lord Mayor ten years ago there were nine separate regulatory bodies for financial services.
To meet the challenge of global markets we created a single unified FSA.
In 2003, just at the time of a previous Mansion House speech, the Worldcom accounting scandal broke. And I will be honest with you, many who advised me including not a few newspapers, favoured a regulatory crackdown.
I believe that we were right not to go down that road which in the United States led to Sarbannes-Oxley, and we were right to build upon our light touch system through the leadership of Sir Callum McCarthy - fair, proportionate, predictable and increasingly risk based. I know Sir Callum is committed to reducing regulatory administrative burdens and the National Audit Office will now look at the efficiency and value for money of our system.
I was keeping them up my sleeve for further argument. But you seem to have missed the biggest screw up of them all. Banking deregulation. This is what Gordon Brown said in 2004 at Mansion House.....
All this just before junk debts ran amock and brought the world economy to its knees. He ignored advice, favouring his own pigheaded approach to the economy and the rest is history.
I find this unforgiveable.
Awww, I remember fondly the days when a government would spend a mere £3.4 bn attempting to mask a problem, before admitting the mistake and correcting it properly.
Really, how so?
Eh? Mr Brown's own speech suggests otherwise in regard to regulatory advice.I would also say that no financial sector regulation that would have been passed into law could have prevented said recession. Very few advocated reigning in the financial sector in 2004. Even if they had, there would not have been enough support to enact it. And even if it had, the global nature of the crisis would have meant that regulation would have insulated the UK very little (particularly given our integration with Europe and the US).
it was utter loss, a lot of it went to George Soros, at least Labour's bailing out of the banks went onto the balance sheet
King wouldn't have been able to drop base rate to 0.5%
And straight into the pockets of the tits who got us in this mess in the form of bonuses.
And dont get me started on the bleeding Welsh and their free prescriptions and university course fees. :icon_lol:well indirectly yes
and they had to the power to **** things up after Blair & Brown deregulated the markets and let the banks do what they want
AND has anyone noticed that RBS and HBOS are Scottish banks, bailed out by a Scottish PM after we gave Scotland their own fecking parliament?
don't hear them lot whinging about how they've got the oil and they should split from England any more do you?
Wrong. Actual figure is 1.6m which is less than in 1997. Also, those on inactive benefits is going down - something that has never happened in previouis recessions. Long term unemployment is rising now because of the recession but is it miles lower than in the 80s and 90s. It is way lower now that in 1997.
Where do you get your facts from - the Daily Mail?
Perhaps he deserves what you call "condescending remarks" (in fact, there was only one of them) if he does not compare like with like and thereby draws an incorrect conclusion - much as the Daily Mail does.
UK unemployment records further fall
There are regional differences in the unemployment figures
The number of people unemployed in the UK has fallen again, leaving the jobless rate at 7.8%, figures show.
Total unemployment stood at 2.45 million for the three months to January, down 33,000 on the figure for the previous three months.
But long-term unemployment, covering those out of work for more than a year, rose by 61,000 to 687,000.
The number of people claiming Jobseeker's Allowance fell by 32,300 to 1.59 million in February.
Unemployment among 18 to 24-year-olds fell by 34,000 to 715,000, but among the over-50s, joblessness rose by 14,000 to 398,000.
I intended thatJust noticed. It's funny how the bars in the poll for Labour, Tories and Libs all came out the party's actual colour.
The LibDems have been calling for a voting reform for over a century. I tend to agree. I don't really like the current system either.
No different to Labour reforming the House of Lords to suit their interests. Not that I'm saying changes shouldn't have been made, but it was hardly done for purely democratic reasons.I bet it's never occurred to them that if we did change the system they'd be in govt forever.
P | Pld | Pts | |
1 | Liverpool | 16 | 39 |
2 | Chelsea | 17 | 35 |
3 | Arsenal | 17 | 33 |
4 | Nottm F | 17 | 31 |
5 | Bournemouth | 17 | 28 |
6 | Manchester C | 18 | 28 |
7 | Aston Villa | 17 | 28 |
8 | Newcastle | 17 | 26 |
9 | Fulham | 17 | 25 |
10 | Brighton | 17 | 25 |
11 | Tottenham | 17 | 23 |
12 | Brentford | 17 | 23 |
13 | Manchester U | 17 | 22 |
14 | West Ham | 17 | 20 |
15 | Everton | 17 | 17 |
16 | Palace | 17 | 16 |
17 | Leicester | 17 | 14 |
18 | Wolves | 17 | 12 |
19 | Ipswich | 17 | 12 |
20 | Southampton | 17 | 6 |