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One percent

One for spy

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@spygirl  knock yourself ou

https://www.theguardian.com/politics/2018/sep/12/we-are-in-danger-of-sleepwalking-into-a-crisis-gordon-brown

A leaderless world is sleepwalking towards a repeat of its near meltdown in late 2008 and early 2009 because it has failed to remedy the causes of the financial crash of a decade ago, former prime minister Gordon Brown has warned.

more at the link from the delusional Scots bloke 

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3 minutes ago, spygirl said:

'Former PM delivers scathing analysis of how the problems of 2009 remain unresolved'

You mean the ones he created...

Why 2009? Moron. Wheels fell off in 2007 and 2008 in uk.

Knew you would like it. xD

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Let's not forget him taking house price rises out of inflation targets Bank of England were to use for setting interest rates.

He effectively destroyed the country's stability with 300% house price inflation, a banks free-for-all and selling out our kids' futures for his hubris.

Osborne and the Tories had a chance to reset, they didn't and made it worse with Help to Buy.

They all deserve our total contempt. Look at them and Brexit, the first time the people's voice was heard. Cunts the vast majority of them.

Brown and Blair though...

Edited by Alonso Quijano

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9 minutes ago, swiss_democracy_for_all said:

History will show that Brown ruined the UK in every way possible. Not alone, but the worst culprit. Worst chancellor and worst PM ever. Then Call-me-Dave and Gidiot didn't have the balls to fix it, or indeed to do anything except do fake austerity, so will go down as the second worst.

Dunno, I think bliar could give him a good run for his money on that 

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1 hour ago, spygirl said:

Lok at the productivity numbers.

2005 is when they stop rising. First time in modern britain.

That'll be round about when people with kids in low to low-middle paid jobs worked out you could suddenly get almost as much working 16 hours a week as you could working 40 hours. 

 

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7 hours ago, One percent said:

Dunno, I think bliar could give him a good run for his money on that 

No.

Warcriminal Blair was just a vain gloriousmoiney grabbing cunt.

Apart from the cluster fuck of Iraq, he did not do much - just smirked and kepy an eye for money.

Brown literally blundered through with huge changs to everything - hence my quote of finsec regulation.

Then his beenfiots changes, which were massive. And ottaly insane.

Browns fingers are on everything invovling money.

 

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3 minutes ago, spygirl said:

No.

Warcriminal Blair was just a vain gloriousmoiney grabbing cunt.

Apart from the cluster fuck of Iraq, he did not do much - just smirked and kepy an eye for money.

Brown literally blundered through with huge changs to everything - hence my quote of finsec regulation.

Then his beenfiots changes, which were massive. And ottaly insane.

Browns fingers are on everything invovling money.

 

Yes that’s my view. I’m not sure who was mainly responsible for the subversion of the immigration system for non-Europeans though. Blair was the PM, don’t know whether it was his idea or Brown’s or someone else’s to “rub diversity in the face of the right” by allowing in vast numbers of useless people. That is also a big part of the destruction and it’s continuing all the while that Brexit is being discussed, again, the Tories haven’t had the balls to fix it. 

 

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7 hours ago, swiss_democracy_for_all said:

That'll be round about when people with kids in low to low-middle paid jobs worked out you could suddenly get almost as much working 16 hours a week as you could working 40 hours. 

 

And so could 6-9m EE too...

The US tax credit worked as it got a lot of people off beniefits and into work.

UK fail as it took people from low and medium paid jobs and put them on benefit - see tax credit saface ..

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2 minutes ago, swiss_democracy_for_all said:

Yes that’s my view. I’m not sure who was mainly responsible for the subversion of the immigration system for non-Europeans though. Blair was the PM, don’t know whether it was his idea or Brown’s or someone else’s to “rub diversity in the face of the right” by allowing in vast numbers of useless people. That is also a big part of the destruction and it’s continuing all the while that Brexit is being discussed, again, the Tories haven’t had the balls to fix it. 

 

I think that was a indirect joint effort.

The nion EE came from usless idiot being in the home office. Neither were interested in that, so well meaning morons got at the wheel and just ignored stuff and did not it - see jacui Porn Husband - idiot LA wimmin running UKGOV dept. What could go wrong?

The EE migrants are down to weaknesses in both.

Blair opened it up as he literally believed the 70k figures and thought it would look goof to EUers - Oh we're allowing FOM 5 years before you.

The idiot Brown has unaware that EE would be entitled to benefits - he was not good on detail. Or anything else.

And the EE were living in places which had hugely lower incomes and services and general quality of life than West Europe.

Like tax credits, as soon as the word got out the EE went quickly from Workski to Doski.

And the Worksi decided to jack their orignal countries and and bring their kids up speaking English. As Slovak girl I know whos been here ~12 years says - Oh its so much better - Waitrose, Aldi, Primark, tax credits, free health, free schools. And slovakia is not too bad a country.

Places like Bulgaria, Romania, Poland lithuia and pretty grim.

 

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3 minutes ago, One percent said:

Was it brown who fucked up pensions by changing tax on them?  

Yes.

Post 200 UK had a vary good private sector pension scheme.

rown fucked it up with an elaborate sneaky tax wichih knocked them down.

Then by blowing up the economy ZRIP bonds he destroyed what was left.

And made the public sector liabilities even bigger.

In 2006 the UK public sector needed growth to be about 2% ahead of CPI.

UK has had zilch growth - maybe even negative ffor the last 10 years. Thats the public sector pensions unviable, bust.

Its why Gidiot was trimming the dges, trying to get small changes in so he could say but I ....

AN idiot teacher i Know said 'But Browns been really good for public sector workers'.

In a  Robert Maxwell way yes...

 

 

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2 minutes ago, spygirl said:

Yes.

Post 200 UK had a vary good private sector pension scheme.

rown fucked it up with an elaborate sneaky tax wichih knocked them down.

Then by blowing up the economy ZRIP bonds he destroyed what was left.

And made the public sector liabilities even bigger.

In 2006 the UK public sector needed growth to be about 2% ahead of CPI.

UK has had zilch growth - maybe even negative ffor the last 10 years. Thats the public sector pensions unviable, bust.

Its why Gidiot was trimming the dges, trying to get small changes in so he could say but I ....

AN idiot teacher i Know said 'But Browns been really good for public sector workers'.

In a  Robert Maxwell way yes...

 

 

Why have his successors not unravelled it all and wound back the tax take?  

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13 minutes ago, One percent said:

Why have his successors not unravelled it all and wound back the tax take?  

Because the idiot has took a system that paid a little to ~20% of the population to one that pays a lot to ~50%.

People have given up jobs and careers to suck on Browns magic teat.

There was an attempt - Gidiot raised tax free allowance and was going  to reform tax credits.

A libdem peer and the whole 'austerity' idiots sin the lords stopped him.

Coalition should have started rising TC hours by 5h/year in 0201. And cuttign back all the money.

 

 

 

2 minutes ago, swiss_democracy_for_all said:

Unravelling any of Brown's follies involves a massive recession, for which you need balls, vision of the long term and an ability to explain it to the people, the permission of the banks or not caring what they say, and preferably a massive Commons majority. None of these have been available to the subsequent Tory governments, so they have failed in their traditional job of fixing the mess made by Labour.

 

Not a recession but a lot of people would sudenly fidn themselves with no income.

The first step to defusin TCs was to get the hours to 38h/w and drop the payout accordinin gly.

Stioppign claims from non citizens would have been great too.

There was finite capicty in UKGOV - due to the chaos that Brown left behind.

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5 minutes ago, spygirl said:

Not a recession but a lot of people would sudenly fidn themselves with no income.

Not sure how you think millions of people could find themselves with no income without triggering a recession.

Not arguing with what should have been done, but there's no way the consequences would be easily managed. I'd expect it to be soup kitchen and civil unrest  territory. 

With a little more balls Gidiot and Cameron could have got their initial tax credit reforms through the Lords. I'd have threatened a referendum on their replacement or reform, pretty sure most people would be happy to get rid of the hereditary peers at least.

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Quick calculation on the effect of Gordon Browns pension grab of the (20% tax relief on dividends that offset the corp tax) is that you have to pay 30% more into the scheme to compensate for it over 40 years.

An extremely short sighted policy from the one_eyed bastard (insert hate crime) who obviously wanted people to work to they drop or have poorer retirements, finish schemes off and /or reduce the amount of money going into the day to day economy.

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Browns 'remedy' would probably be 'cut interest rates, add some more debt'

 

19 minutes ago, spunko2010 said:

Thinking about it, Dave was probably the best PM of the past 2 decades. How depressing. Treason, Blair, Brown, good grief.

Can't we just admit they were all equally dire?

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As I mentioned the other day, no government is brave enough to take money off the the workshy Chav's and Tax Credit 16 hour a week folk, because of fears of civil unrest. Give them enough money to keep them in iPhones, booze, fags and 60 in TV's and hope they don't cause any trouble.

They just have to hope that there continues to be enough mugs working full time to fund the system, and not questioning why it's gonna cost them £200K to buy a place the same size as a single mother can rent for £200 a month.

Edited by JoeDavola

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2 minutes ago, JoeDavola said:

They just have to hope that there continues to be enough mugs working full time to fund the system, and not questioning why it's gonna cost them £200K to buy a place the same size as a single mother can rent for £200 a month.

Strange then how people now think it is normal and 'cheaper' adinfinitum to rent a car yet haven't tried to apply that logic to housing.

The same ones renting for £200 a month are also renting nice shiny new cars courtesy of Browns (insert hate crime) brave new world.

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11 minutes ago, Chewing Grass said:

Strange then how people now think it is normal and 'cheaper' adinfinitum to rent a car yet haven't tried to apply that logic to housing.

The same ones renting for £200 a month are also renting nice shiny new cars courtesy of Browns (insert hate crime) brave new world.

I think it's a status thing. Most people with 'good jobs' don't want to be seen as renters. And it's an emotional thing too about wanting to own your own place.

I see apartments near me go on sale for £160-200K (plus about £200 a month ownership/maintenance costs) at the moment which don't offer anything more to me than what I'm currently renting for £500 a month all in. The market certainly isn't driven by logic.

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      Stuffs kicking off, more so than usual.
      Big gap opening up in spend v budget.
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