Dispatches; How they squander out billions

#1
FFS This government should should all be shot ,It is uneffin believable
 
#2
just watching it! Incedible incompetence on every level. quite amusing that it followed an up-beat labour political broadcast( in a very negative, anti-Tory way) , the same old muppets trying to convince they have it all under control!!
 
#4
Shold be on Channel 4 .com latter
 
#5
Urge to kill rising! The f#cking cheek of that one eyed idiot complaining about the shadow banking sector and for years his sole activity is spending money that wasn't his, borrowing debts he doesn't have to pay back and all the while doing accounting gymnastics to keep it off the public books. Its the shadow government debt that worries me.

No wonder they plan on printing money! The phrase that is burnt into the back of my retina from my days as a spotty economics student was 'inflation is a tax on holding money' so now the government have basically decided to tax every saver and prudent person in an attempt to undue to public and private spending splurge of the nineties and early 2000!

example: Network rail has debts of £21Bn. A 'private' company totally owned by the government but the debts are not on the public books! WTF?

I haven't even begun to fathom the scale of debts now kicked to touch by the banking sector!

The stat given on the programme is £105bn per year wasted. That's £5,250 per taxpayer per year!
 
#6
para-dox said:
just watching it! Incedible incompetence on every level. quite amusing that it followed an up-beat labour political broadcast( in a very negative, anti-Tory way) , the same old muppets trying to convince they have it all under control!!
It was a fantastic ad for the Tories! It basically said as ZANU Labour our solution is spend, they'll come in and cut and save! Excellent! I'll have some of that.

edited for spelling mishtakes!
 
#11
meridian said:
Did they, didnt know that. Do you have a link?
Here's a link to a Google search. Choose any one:

http://tinyurl.com/cyya4m

From Polly:

"The TPA is a rightwing lobby whose finances are opaque, but which was founded, and is staffed, by former Conservative party councillors and researchers. Its advisory council consists of luminaries of the free-market right: Ruth Lea, who was head of policy at the Institute of Directors; Madsen Pirie, of the Adam Smith Institute; and Professors Minogue and Minford, leading lights in Margaret Thatcher's economic firmament. With a full-time staff of 10, it digs and delves to produce "facts" and "figures" designed to undermine trust in everything in the public sector".
 
#12
Our Labour Council is squandering millions on projects like that one in West Brom. One of them previously failed as a private concern but the Lefties seem to think that they can make it work. At a build cost of £18million that will probably rise to £24milllion and then be a drain on the local council tax payers for several years whilst it sits empty, until they finaly admit defeat and give it away to a private sector investor.

Disgusting
 
#13
Look, I'm sorry to p!ss on your parade, but this is not news - Gordon has been wasting our hard earned wad since the one-eyed g!t got his hands on the keys to No 11, and has been given an easy ride by politicos and media who should have been scrutinising his every move.

What does amaze me is the number of so-called economics 'gurus' who have suddenly discovered that we've tumbled over the edge of the cliff. It's been obvious for at least 3 years that we were heading for deep shite and they're trying to make out that no one saw it coming - b0ll0cks.

BTW, is Professor Minogue Kylies dad?
 
#14
Deadreckon said:
The stat given on the programme is £105bn per year wasted. That's £5,250 per taxpayer per year!
This one's the killer, a lot of that cash came from the City, the tax paid by the high earners on salaries and bonuses and on the profits of the banks. The tap has been turned off, there's no more cash. The banks are now in the hands of former Trots and Communists.

Cattletrucked is the word that springs to mind.
 
#15
ashie said:
meridian said:
Did they, didnt know that. Do you have a link?
Here's a link to a Google search. Choose any one:

http://tinyurl.com/cyya4m

From Polly:

"The TPA is a rightwing lobby whose finances are opaque, but which was founded, and is staffed, by former Conservative party councillors and researchers. Its advisory council consists of luminaries of the free-market right: Ruth Lea, who was head of policy at the Institute of Directors; Madsen Pirie, of the Adam Smith Institute; and Professors Minogue and Minford, leading lights in Margaret Thatcher's economic firmament. With a full-time staff of 10, it digs and delves to produce "facts" and "figures" designed to undermine trust in everything in the public sector".
Ashie

Saying they want to look at public sector pensions is not quite the same as cutting soldiers pensions. And even if they were looking at public sector pensions in a wider context then all public sectors pensions should be examined critically

The UK has a public sector pensions time bomb and we can't simply stick our head in the sand and hope it will go away.

The TPA does of course have a political agenda but then so what, are we all too stupid to look at what they do in a critical fashion. And please dont quote Polly Toynbe as some paragon of impartiality
 
#16
ashie said:
Aren't the Taxpayers Alliance the one who want to cut the pensions of the Armed Forces? No I don't think I'll follow that link.
As a long standing member of the TPA the answer is no they don't.

But ashie don't let the facts get in the way of you attempting to put this thread off topic, after all YOU don't want the truth about 'Big G' being discussed.

Now get back to raising the post count on labour list and prescots web effort
 
#17
The married couple, writers I think, who were highlighted by the programme had joint earnings of about £50k per year but still got tax credits for their one child. Glad to see that the government Liarbour government is targeting deserving people instead of wasting it on pensioners.
 
#18
ashie has attempted to suggest that a future Cameron government has a specific eye on armed forces pensions on another thread, wanting readers to believe that current members of the scheme would be affected with a Cameron victory.

When it was pointed out that the Tory commitment, if elected, was to look at every public sector scheme to see if it is justified, and that the last available evidence (in that right-wing organ the Independent) suggested that current members of such schemes would be unaffected, ashie popped smoke and attempted to 'prove' that because a vareity of Tories had criticised the large amounts of taxpayers' money spent on public sector pensions, this meant that armed forces pensions would be chopped by Cameron.

I assume he is working on the premise that if a half-truth or a misrepresentation of the truth is repeated frequently enough, people will start to believe it and perhaps it might even sway arrse readers who intended to vote for Cameron (simply to get rid of Brown, because, frankly, they wouldn't bother voting otherwise) into staying at home...
 
#19
armchair_jihad said:
ashie said:
Aren't the Taxpayers Alliance the one who want to cut the pensions of the Armed Forces? No I don't think I'll follow that link.
As a long standing member of the TPA the answer is no they don't.

But ashie don't let the facts get in the way of you attempting to put this thread off topic, after all YOU don't want the truth about 'Big G' being discussed.

Now get back to raising the post count on labour list and prescots web effort
Sorry, but I'm just not having this. If the TA comes out and says that they're gunning for all public sector pensions except the Armed Forces, you might have a point. But they don't. They are as a matter of principle, against the present pensions arrangements of the Armed Forces and anyone else paid from the public purse.

Fact.
 
#20
mnairb said:
.
What does amaze me is the number of so-called economics 'gurus' who have suddenly discovered that we've tumbled over the edge of the cliff. It's been obvious for at least 3 years that we were heading for deep shite and they're trying to make out that no one saw it coming - b0ll0cks.
Quite.

Sadly, encouraged to view themselves as "Masters of the Universe", the bankers/ finance wonks/ sundry self-styled "gurus" got into the habit of denying common sense realities & believing their own bulls*$t. They quite simply lied - to themselves, and to the world at large.

They wanted/ needed to believe the unbelievable; thought they could re-write the book on the fundamentals of economics, and were encouraged to so do by mendacious, self-serving politicians: unbelievably, in particular, by one holding a PhD in Economic History! Incredibly, they're still doing it now - "Quantitative Easing" = Keynesian "Deficit Finance" by another name; arguably the root cause of most of Britain's economic woes from the late 1940s until the 1980s.

Former pupil of mine, having got a starred "Double First" in maths & related stuff, plus a PhD in similar, from one of the finest universities in the world, was very chuffed to find employment, on a VERY good salary (plus bonuses, of course!), with a prestigious City establishment to do clever mathematical stuff for it and its clients.

He left, disillusioned, after little more than two years because whenever he demonstrated that things simply did not add up he was told to get back to his computer and find the "right" figures/ projections. This was always accompanied by patronising lectures about "geeks" not understanding "how things work in the real world.".

He was right; they, in their arrogance, were wrong. As he observed, "Why employ me with my special capabilities if they're not going to take my analysis seriously?"

Cognitive dissonance is, I believe, the appropriate term.
 

Similar threads

Latest Threads