The "I do not understand what is going on" thread!

#1
You've read the newspapers, watched the television, kicked it around with your mates, listened to the news and you think that you have it all worked out; you understand what is going on....

I propose that this thread should be for those items that show that you didn't really understand......., did you?

Come on, don't be embarrassed....

I give you:

07 Jan 09 - UK car sales fall to 12 year low

22 Jan 09 - UK car production slows rapidly

03 Feb 09 - Ford and Vauxhall to raise car prices by 5%

WTF?

Litotes
 

Grownup_Rafbrat

LE
Book Reviewer
#2
I see your car argument and raise you

'We have seen the end of 'boom and bust''.
 
#3
Agreed. WTF are they thinking?

I would have expected a 30% reduction, especially on cars that have been sitting on disused airfields all over the country for the past 6 months. A 30% reduction would mean a loss overall, but at least it's better than a 100% loss due to no sale and would have at least a limited positive effect on a stagnant market.

It looks like they'll still be sitting there, losing value every day, for at least the next year.
 
#4
Grownup_Rafbrat said:
I see your car argument and raise you

'We have seen the end of 'boom and bust''.
Raise Again

'We are in the best position of the developed nations, during this slump'

And the IMF said?
 

Biped

LE
Book Reviewer
#5
The master of Prudent Financial Control (and the universe).

'Big G' will see us through.
 
#6
leveller said:
Grownup_Rafbrat said:
I see your car argument and raise you

'We have seen the end of 'boom and bust''.
Raise Again

'We are in the best position of the developed nations, during this slump'

And the IMF said?
Raise again.

"I saved the world."
 

Grownup_Rafbrat

LE
Book Reviewer
#7
Bonzo_Dog said:
leveller said:
Grownup_Rafbrat said:
I see your car argument and raise you

'We have seen the end of 'boom and bust''.
Raise Again

'We are in the best position of the developed nations, during this slump'

And the IMF said?
Raise again.

"I saved the world."
A long way from 'Not Flash. Just Gordon.'
 
#8
Litotes said:
You've read the newspapers, watched the television, kicked it around with your mates, listened to the news and you think that you have it all worked out; you understand what is going on....

I propose that this thread should be for those items that show that you didn't really understand......., did you?

Come on, don't be embarrassed....

I give you:

07 Jan 09 - UK car sales fall to 12 year low

22 Jan 09 - UK car production slows rapidly


Pretty simple really........Gorgon Broon reduces VATby 2.5%, Greedy hard up car manufacturers double raise the savingin favour of their pocket thereby saving the world from economic armageddon. Vauxhall named as the new religion of the masses and gorgon elevated to president and uber lord of the universe.....oh no hang on........just a bunch of muppets trying to screw themselves into the floor, before they are forced to lay off thousands, the masses revolt and labour comes crashing down at the next election .....move along , nothing to see here, Labour has it all under control
03 Feb 09 - Ford and Vauxhall to raise car prices by 5%

WTF?

Litotes
 
#9
I raise you

British jobs for British workers.....

Example - BT cuts 10,000 permanent and contractors in December, target must be reached by March 09. BUT - contracts all the work these people were doing out to Tech Mahindra, Mastech and other Indian based countries for a fraction of the cost. Workers migrate to the UK on temp work visas, rent places where 10 of them share a 3 bed house so they pay a pittance in rent etc.

Oh yes, reason for the 10,000 cut is........ drop in profits.

Ive seen it for my own eyes and still cant believe it.
 
#10
Old Gordon has indeed made some classic quotes.

“A weak currency arises from a weak economy which in turn is the result of a weak Government” - Gordon Brown.

Brown when he criticised the Tories in 1992 at the time of the disastrous Major/Clarke/Lament era…
 

Grownup_Rafbrat

LE
Book Reviewer
#11
hammy123 said:
I raise you

British jobs for British workers.....

Example - BT cuts 10,000 permanent and contractors in December, target must be reached by March 09. BUT - contracts all the work these people were doing out to Tech Mahindra, Mastech and other Indian based countries for a fraction of the cost. Workers migrate to the UK on temp work visas, rent places where 10 of them share a 3 bed house so they pay a pittance in rent etc.

Oh yes, reason for the 10,000 cut is........ drop in profits.

Ive seen it for my own eyes and still cant believe it.
And the joke is they (a) go back to India and resign after their 12-week training in the UK because they have 'foreign experience' and can get a bigger wage elsewhere or (b) don't learn enough whilst they're over here and go back to 'train' their colleagues to the same inadequate level or (c) haven't been raised to use initiative and common sense, so if there's no instruction they can't do it, so a decreasing number of experienced UK staff is still covering the same amount of work, because the folks abroad can't do the job or have fcuked off.

Net result - decreasing service and delivery to the Customer, increased profits to the shareholders, more British Jobs to Johnny and Janey Foreigner. I see it all the time in the IT industry.

Many companies seem to be using this recession as an excuse to shed workers, which they were going to do anyway to maintain or increase profit levels. B@stards.
 
F

fozzy

Guest
#12
Litotes said:
You've read the newspapers, watched the television, kicked it around with your mates, listened to the news and you think that you have it all worked out; you understand what is going on....

I propose that this thread should be for those items that show that you didn't really understand......., did you?

Come on, don't be embarrassed....

I give you:

07 Jan 09 - UK car sales fall to 12 year low

22 Jan 09 - UK car production slows rapidly

03 Feb 09 - Ford and Vauxhall to raise car prices by 5%

WTF?

Litotes
On a slightly tangental, but related point:
http://www.spectator.co.uk/the-magazine/business/3300286/a-boom-market-in-economic-nonsense.thtml

An excellent article from The Spectator, exposing the bollocks spoken by the punditry at large.
 
#13
'New Labour are Left Wing/Socialist/Communist'. Eh?

So, by a man's deeds shall ye not judge him, then?
 

the_boy_syrup

LE
Book Reviewer
#14
Country brought to it's knees by snow

How does that work then?
I don't understand we had snow last year to and got caught out then
 
#15
smartascarrots said:
'New Labour are Left Wing/Socialist/Communist'. Eh?

So, by a man's deeds shall ye not judge him, then?
They are socialist. Most of their policies are based on the idea that all men are created equal, which is obviously complete b*llocks.
 
#16
jew_unit said:
smartascarrots said:
'New Labour are Left Wing/Socialist/Communist'. Eh?

So, by a man's deeds shall ye not judge him, then?
They are socialist. Most of their policies are based on the idea that all men are created equal, which is obviously complete b*llocks.
Crap. Most of their policies are based on the idea that the market is the cure for all ills, and that it that doesn't work you need to do it harder. Thatcher in drag.

Not socialist. The few Socialists left in the Labour Party hate them almost as much as I do.
 
#17
smartascarrots said:
jew_unit said:
smartascarrots said:
'New Labour are Left Wing/Socialist/Communist'. Eh?

So, by a man's deeds shall ye not judge him, then?
They are socialist. Most of their policies are based on the idea that all men are created equal, which is obviously complete b*llocks.
Crap. Most of their policies are based on the idea that the market is the cure for all ills, and that it that doesn't work you need to do it harder. Thatcher in drag.

Not socialist. The few Socialists left in the Labour Party hate them almost as much as I do.
New Labour neither follows a socialist or a capitalist philosophy it follows the 'whatever it takes to stay in power' philosophy.
 
#18
Markintime said:
New Labour neither follows a socialist or a capitalist philosophy it follows the 'whatever it takes to stay in power' philosophy.

...is the correct answer.
 

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