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Post by Rick Grimes on Jul 6, 2016 8:32:40 GMT
I'm not saying brexit is the cause of economic problems because they already existed, what I'm saying is that brexit is exacerbating those pre-existing economic issues. Unnecessarily so. Or Osborne is using Brexit to cover up his own failures? It's certainly an easy excuse but there's more to what is going on than simply covering up mistakes.
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Post by starkiller on Jul 6, 2016 8:43:06 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations.
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Post by nicholasjalcock on Jul 6, 2016 9:17:15 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. I've listened very carefully to this and Jacob Rees Mogg failed miserably to associate the Governor with any political motivations. As the Governor stated, a one-off one issue Referendum is not the same thing as a general election. Curiously, Mr Rees Mogg constantly badgered the Governor into why he wasn't attacking the Labour Party! As we all know, the pound sterling crashed on the exchanges within hours of the result becoming apparent. And when was the last low? Yes, when the Tories were in office. How is it Rees Mogg is only worried about the impact of a Labour Party manifesto when it has been Tory governments that have done all the f**ing damage! Why? Because Rees Mogg is a Tory M.P..
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Post by Rednwhitenblue on Jul 6, 2016 9:23:18 GMT
Fucking hell, Star killer using Jacob Rees Mogg to back his world view up.
Truly, the country has gone fucking mental this last fortnight!!
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Post by starkiller on Jul 6, 2016 9:35:02 GMT
Fucking hell, Star killer using Jacob Rees Mogg to back his world view up. Truly, the country has gone fucking mental this last fortnight!! I'm pretty sure we don't share a worldview but it doesn't make his points irrelevant.
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Post by upnorth on Jul 6, 2016 10:01:50 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. Jacob Rees-Mog! Slightly to the right of Atilla the Hun.
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Post by cymap on Jul 6, 2016 10:10:31 GMT
Lets face it Cameron made certain of market upheavel when he went back on his word and resigned.
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Post by britsabroad on Jul 6, 2016 10:57:46 GMT
Lets face it Cameron made certain of market upheavel when he went back on his word and resigned. The markets were tanking well before he resigned. World markets dont care all that much about Carney giving a speech, or even Cameron resigning. It doesnt help of course but that stuff is mostly for intraday trading. These massive losses are in response to an EU-less Britain. There's only one thing to blame for that.
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Post by desman2 on Jul 6, 2016 11:06:22 GMT
Lets face it Cameron made certain of market upheavel when he went back on his word and resigned. The markets were tanking well before he resigned. World markets dont care all that much about Carney giving a speech, or even Cameron resigning. It doesnt help of course but that stuff is mostly for intraday trading. These massive losses are in response to an EU-less Britain. There's only one thing to blame for that. From what I understand. We are still in. Maybe when it improves (which it will) then we'll blame the same reason.
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Post by trentvale68 on Jul 6, 2016 12:48:44 GMT
Rees Mogg is a twat. Pure & simple, blue blooded fascist.
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Post by Deleted on Jul 6, 2016 13:42:21 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. Jacob Rees-Mog! Slightly to the right of Atilla the Hun. He's right regardless of your insults
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Post by Rick Grimes on Jul 6, 2016 18:13:53 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. Couldn't watch the video earlier but I've just watched it and like nicholasjalock pointed out I can't see any 'political motivations' and I certainly don't think he was taken to task. I thought Carney did a very good job of explaining why the referendum is different to a general election and why the Bank of England released information. Rees Mogg kept banging on about the fact the Bank of England don't get involved when there is a general election but the last 2 minutes of that video summed it up in that Carney said the Bank of England has never changed any of it's policies during the lead up to a general election like they have in the lead up to the referendum.
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Post by starkiller on Jul 12, 2016 10:21:25 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. Couldn't watch the video earlier but I've just watched it and like nicholasjalock pointed out I can't see any 'political motivations' and I certainly don't think he was taken to task. I thought Carney did a very good job of explaining why the referendum is different to a general election and why the Bank of England released information. Rees Mogg kept banging on about the fact the Bank of England don't get involved when there is a general election but the last 2 minutes of that video summed it up in that Carney said the Bank of England has never changed any of it's policies during the lead up to a general election like they have in the lead up to the referendum. Clearly, I'm not the only one to be concerned about Carney...
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Post by bathstoke on Jul 14, 2016 7:15:08 GMT
Well he's going to have the chance to put our money where his mouth is, by changing the interest rate today. Will he go for a preemptive strike of cutting interest to 0% to stimulate business or attempt to stave off self fulfilling prophecy by leaving rates as they are...
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Post by rogerjonesisgod on Jul 14, 2016 8:14:45 GMT
The interest rate will be cut to .25% if anything. Carney and others of the FPC were back in front of another select committee earlier this week to explain his post-brexit comments. His demeanor was noticeably more uncomfortable. I watched it live and Carney repeated the line that the BoE had a statutory remit to assess and give opinion and that the British people would think it remiss if that didn't happen. Hmmm, I'm yet to meet anyone who was gagging for the next BoE statement. Independent opinion given or being available to a Chancellor is one thing but a statement to the Nation I'm not so sure. It was revealed however that Carney and Osborne had had private meetings before the referendum vote. Carney admitted this but very, very reluctantly agreed that any private minutes or notes could be examined but only by certain members of the committee. He was at pains to stop any details going public and worried this would set a precedent for future Chancellors and BoE Governors. He obviously thinks his statutory remit stops short of disclosing those private assessments and opinions to the British public. BBCGuardian EDIT: I have a sneaking feeling we might see the back of Carney sooner rather than later. Recruited by Osborne who's now resigned.
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Post by rogerjonesisgod on Jul 14, 2016 9:05:36 GMT
No emergency budget from the new Chancellor.
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Post by ohbottom on Jul 14, 2016 9:11:09 GMT
His job is not to promote politically motivated scare stories. Nor talk down the economy, being so determined to confirm his previous dire warnings. Which have proven either untrue or way too early to call. His job is to act, that is all. Here's Jacob Rees Mogg taking him to task on his political motivations. Rees Mogg is an emotionless android who views politics as an intellectual exercise, a continuation of his student days as a mainstay of the Oxford University debating society. He is highly intelligent, extremely well-educated and can be witty. But he knows and cares nothing about those outside his small, but extremely privileged, social circle. He is utterly incapable of empathising with or understanding the bulk of the population who were not fortunate enough to have his privileged upbringing. He has no understanding of the effects the policies he supports have on the less well off, the disabled, the unemployed; nor does he care. For him, it's all about "winning" the debate. PS - Watch the video, it's all about him trying to score debating points. I fail to see how anyone actually listening to what's said could say Carney has been "taken to task".
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Post by salopstick on Jul 14, 2016 10:18:35 GMT
Now we have a a new PM, new government and brexiteers in key appointments we will see a lot more stability over the coming months
The markets and currency love stability. The people making money from them love the volatility
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Post by nicholasjalcock on Jul 14, 2016 10:32:57 GMT
Now we have a a new PM, new government and brexiteers in key appointments we will see a lot more stability over the coming months The markets and currency love stability. The people making money from them love the volatility We've got a Remain P.M. and a majority Remain Cabinet with maverick Brexiteers in key positions! Some recipe for stability! However, I believed Theresa's every word when she said she will improve poor people's life chances! She's going to send every school child in Bentilee to Eton College!
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Post by rogerjonesisgod on Jul 14, 2016 12:47:25 GMT
Interest rates stay put with a vote of 8 to 1.
Presumably the 'one' was Carney? Odd he's the only backer for a lower rate. Or even odder if he's not the 'one' after his recent statements.
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Post by Deleted on Jul 14, 2016 13:10:27 GMT
Heaven's to betsy. Didn't expect that!
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Post by nicholasjalcock on Jul 14, 2016 13:47:05 GMT
Interest rates stay put with a vote of 8 to 1. Presumably the 'one' was Carney? Odd he's the only backer for a lower rate. Or even odder if he's not the 'one' after his recent statements. I presume they don't think they have statistics on the real economy to justify it. Safety first is the order of the day and safety presently is to sit pat!
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Post by mtrstudent on Jul 14, 2016 15:51:25 GMT
I hope we sort out rules for science and science funding pronto. I was at a conference last week and found out why my job opportunities have gone to shit - the UK is being dropped from contract bids to Horizon 2020, the £50-odd billion EU science project. Until now we've been winning far more from the EU than we put in, and it's basically the only reason we've been able to maintain our world-class science position after the last parliament cut science funding by 17% after inflation.
Hopefully the new government will either guarantee us access to Horizon 2020 (which means following EU regs in the research, paying in and freedom of movement), or boost the science budget. We need a 20% increase to cancel out the loss of EU money, plus another boost to cancel out the lower efficiency from lost collaborations and another boost to handle the expected inflation and to make UK salaries competitive again.
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Post by harryburrows on Jul 14, 2016 17:52:29 GMT
I hope we sort out rules for science and science funding pronto. I was at a conference last week and found out why my job opportunities have gone to shit - the UK is being dropped from contract bids to Horizon 2020, the £50-odd billion EU science project. Until now we've been winning far more from the EU than we put in, and it's basically the only reason we've been able to maintain our world-class science position after the last parliament cut science funding by 17% after inflation. Hopefully the new government will either guarantee us access to Horizon 2020 (which means following EU regs in the research, paying in and freedom of movement), or boost the science budget. We need a 20% increase to cancel out the loss of EU money, plus another boost to cancel out the lower efficiency from lost collaborations and another boost to handle the expected inflation and to make UK salaries competitive again. Welcome to the real world pal when are you going to stop moaning about the handouts you won't get from Brussels and join the Rat race like the rest of us
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Post by harryburrows on Jul 14, 2016 17:56:29 GMT
Now we have a a new PM, new government and brexiteers in key appointments we will see a lot more stability over the coming months The markets and currency love stability. The people making money from them love the volatility We've got a Remain P.M. and a majority Remain Cabinet with maverick Brexiteers in key positions! Some recipe for stability! However, I believed Theresa's every word when she said she will improve poor people's life chances! She's going to send every school child in Bentilee to Eton College! Why do you seèm to think that the managed decline in Stoke on Trent is all down to the Conservative party . This continued apace under labour just as much . Stokes labour councils have done nothing for the city
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Post by Deleted on Jul 14, 2016 17:57:33 GMT
We've got a Remain P.M. and a majority Remain Cabinet with maverick Brexiteers in key positions! Some recipe for stability! However, I believed Theresa's every word when she said she will improve poor people's life chances! She's going to send every school child in Bentilee to Eton College! Why do you seèm to think that the managed decline in Stoke on Trent is all down to the Conservative party . This continued apace under labour just as much . Stokes labour councils have done nothing for the city Correct.
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Post by Deleted on Jul 14, 2016 18:32:51 GMT
We have nothing to fear from leaving it will be refreshing to run our own country by people who we elect.
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Post by PotteringThrough on Jul 14, 2016 18:42:13 GMT
We have nothing to fear from leaving it will be refreshing to run our own country by people who we elect. Haha, very good!
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Post by The Drunken Communist on Jul 14, 2016 21:25:30 GMT
I hope we sort out rules for science and science funding pronto. I was at a conference last week and found out why my job opportunities have gone to shit - the UK is being dropped from contract bids to Horizon 2020, the £50-odd billion EU science project. Until now we've been winning far more from the EU than we put in, and it's basically the only reason we've been able to maintain our world-class science position after the last parliament cut science funding by 17% after inflation. Hopefully the new government will either guarantee us access to Horizon 2020 (which means following EU regs in the research, paying in and freedom of movement), or boost the science budget. We need a 20% increase to cancel out the loss of EU money, plus another boost to cancel out the lower efficiency from lost collaborations and another boost to handle the expected inflation and to make UK salaries competitive again. Having read this post I'm starting to seriously regret voting Leave. We were such backward country who offered absolutley zero to science (and technology) for our entire existance before we joined the wonderful EU.
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Post by harryburrows on Jul 14, 2016 21:29:03 GMT
I hope we sort out rules for science and science funding pronto. I was at a conference last week and found out why my job opportunities have gone to shit - the UK is being dropped from contract bids to Horizon 2020, the £50-odd billion EU science project. Until now we've been winning far more from the EU than we put in, and it's basically the only reason we've been able to maintain our world-class science position after the last parliament cut science funding by 17% after inflation. Hopefully the new government will either guarantee us access to Horizon 2020 (which means following EU regs in the research, paying in and freedom of movement), or boost the science budget. We need a 20% increase to cancel out the loss of EU money, plus another boost to cancel out the lower efficiency from lost collaborations and another boost to handle the expected inflation and to make UK salaries competitive again. Having read this post I'm starting to seriously regret voting Leave. We were such backward country who offered absolutley zero to science (and technology) for our entire existance before we joined the wonderful EU. You had me worried for a second there
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