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Post by wannabee on Oct 28, 2024 18:52:21 GMT
Is the correct answer which some people are finding it difficult to comprehend as they disappear down Black Holes As you know Labour will also make Political Choices where to spend what it raises in Taxes including any new Taxes but it will not borrow to pay for current expenditure In addition Labour will borrow for Capital expenditure on crumbling Hospitals, Schools, Infrastructure etc as well as GBE in an attempt to stimulate UK stagnant Economy Is that not a massive contradiction. You've just said they won't borrow anything to pay for current expenditure and then said but they will borrow to pay for crumbling infrastructure. So by that rational are you saying current expenditure does not factor in maintaining existing infrastructure for all our various facilities? That's not a very good business model... It's standard accounting 101, it's the difference between Capital Spending on Assets on Balance Sheet and Current Account Expense on Profit/Loss Labour will borrow to build new Assets and repair and renew old which extend their useful life and they are then depreciated over their expected life. Plus it will borrow to make strategic green energy investments via GBE Labour will not borrow to pay for current year expense only what they raise in Taxes less what it costs to service National Debt obviously
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Post by Rednwhitenblue on Oct 28, 2024 18:53:31 GMT
I don't think I can recall a forthcoming budget that has resulted in so much apprehension and negative media reports as this next day of gloom finally arrives on Wednesday. Labour government ministers have not helped with almost daily warnings and predictions. So what are we guessing (that's all we can do) is going to happen and how will it affect our daily lives? Negative headlines like in The Express "Fears Labour Budget Could Wreck Economy" This from a paper that supported the Truss/Kwarteng debacle!! Let's see, shall we, what happens to "the economy" post budget. Anyone want to bet on a £30bn public finances hole? 🙂
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Post by thehartshillbadger on Oct 28, 2024 18:54:57 GMT
And a lot less like Bluers👍🏻 Haha, you're exactly who I think of when referring to the electorate being dumb 😂 Really? You’re obsessed with a person you’ve never met on an innocuous anonymous football messageboard. I suggest you seek help or maybe have some more time away to gather your thoughts. It’s for your own good, there’s a good lad😉
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Post by Rednwhitenblue on Oct 28, 2024 18:56:36 GMT
Haha, you're exactly who I think of when referring to the electorate being dumb 😂 Really? You’re obsessed with a person you’ve never met on an innocuous anonymous football messageboard. I suggest you seek help or maybe have some more time away to gather your thoughts. It’s for your own good, there’s a good lad😉 Lighten up, ya daft racist 😂
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Post by thehartshillbadger on Oct 28, 2024 18:59:32 GMT
Really? You’re obsessed with a person you’ve never met on an innocuous anonymous football messageboard. I suggest you seek help or maybe have some more time away to gather your thoughts. It’s for your own good, there’s a good lad😉 Lighten up, ya daft racist 😂 I’m as light as a feather ya daft sanctimonious woke cock womble😎
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Post by Ariel Manto on Oct 28, 2024 19:03:19 GMT
Lighten up, ya daft racist 😂 I’m as light as a feather ya daft sanctimonious woke cock womble😎 I still don’t get how being alert to social injustices and discrimination is somehow a pejorative term. Being aware of various social inequalities, such as racial injustice, sexism, and LGBTQ+ rights is a positive thing.
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Post by Clayton Wood on Oct 28, 2024 19:04:07 GMT
Is that not a massive contradiction. You've just said they won't borrow anything to pay for current expenditure and then said but they will borrow to pay for crumbling infrastructure. So by that rational are you saying current expenditure does not factor in maintaining existing infrastructure for all our various facilities? That's not a very good business model... It's standard accounting 101, it's the difference between Capital Spending on Assets on Balance Sheet and Current Account Expense on Profit/Loss Labour will borrow to build new Assets and repair and renew old which extend their useful life and they are then depreciated over their expected life. Plus it will borrow to make strategic green energy investments via GBE Labour will not borrow to pay for current year expense only what they raise in Taxes less what it costs to service National Debt obviously Actually it's FRS 102 : property, plant and equipment and subsequent expenditure: FRS 102, paragraph 17.15 requires an entity to recognise the costs of day-to-day servicing of an item of property, plant and equipment in profit or loss in the period in which the costs are incurred. Such costs are not eligible to be capitalised as part of the cost of the asset. However, where the entity incurs subsequent expenditure on an asset which enhances the service potential of the asset, then the expenditure may qualify for recognition on the balance sheet as part of the cost of the asset.
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Post by thehartshillbadger on Oct 28, 2024 19:04:24 GMT
I’m as light as a feather ya daft sanctimonious woke cock womble😎 I still don’t get how being alert to social injustices and discrimination is somehow a pejorative term. Being aware of various social inequalities, such as racial injustice, sexism, and LGBTQ+ rights is a positive thing. Absolutely, it was a back handed compliment😉
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Post by Rednwhitenblue on Oct 28, 2024 19:06:40 GMT
Lighten up, ya daft racist 😂 I’m as light as a feather ya daft sanctimonious woke cock womble😎 You're definitely not, ya overweight, out of shape, middle-aged loser in a dead-end job with a string of failed relationships behind him, living in shitty rented accommodation in the dump that is Stoke-on-Trent...! 😘🤪
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Post by thehartshillbadger on Oct 28, 2024 19:07:52 GMT
I’m as light as a feather ya daft sanctimonious woke cock womble😎 You're definitely not, ya overweight, out of shape, middle-aged loser in a dead-end job with a string of failed relationships behind him, living in shitty rented accommodation in the dump that is Stoke-on-Trent...!😘 Lovely stuff😘
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Post by Rednwhitenblue on Oct 28, 2024 19:08:44 GMT
You're definitely not, ya overweight, out of shape, middle-aged loser in a dead-end job with a string of failed relationships behind him, living in shitty rented accommodation in the dump that is Stoke-on-Trent...!😘 Lovely stuff😘 Thank you, I enjoyed it 😄
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Post by thehartshillbadger on Oct 28, 2024 19:14:07 GMT
Thank you, I enjoyed it 😄 That’s great duck 👍🏻
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Post by iancransonsknees on Oct 28, 2024 19:15:49 GMT
Like I said, people ought to be more Musik 🙄
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Post by Rednwhitenblue on Oct 28, 2024 19:17:38 GMT
Thank you, I enjoyed it 😄 That’s great duck 👍🏻 Never forget all of that is precisely why you are the way you are. It explains it all. And, conversely, why I, living in the German equivalent of the Lakes, am such a "liberal-minded, sanctimonious, do-gooder..."
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Post by mickeythemaestro on Oct 28, 2024 19:20:52 GMT
Its funny how The northern European countries are put up there as exemplars But at least you haven't gone down the American view that Scandinavia is the perfect example of how socialism works 😆 But have a chat with Musik on here. He might tell a slightly different story. And I wish I was only worried about 50 quid extra tax a month. I have slightly bigger issues at hand unfortunately. And as you have now indeed confirmed that you do believe the electorate are a bit dumb I must say I disagree. Not their/our fault our political system essentially means you have a choice of 2 totally shit political parties... Yeah, I'll definitely take the word of one slightly weird bloke off the Oatcake over a Global Happiness Index which surveys thousands of individuals from numerous countries and consistently puts the Scandinavian countries at the top. You've won me over with that argument 😂 How else would you describe an electorate that incessantly moans about public services being shit then complains when trying to put them right costs money?! 8 out of 10 of the electorate couldn't even name the leaders of the 3 main parties. Try it at work tomorrow. Select ten people at random. Then tell me the electorate isn't a bit dumb. Why is Musik weird? And you've missed my point. I said people essentially have only 2 options to vote. And both of them are wank. The fact that a big percentage of people vote for the one you happen to dislike doesn't make them dumb.
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Post by iancransonsknees on Oct 28, 2024 19:22:06 GMT
Never forget all of that is precisely why you are the way you are. It explains it all. And, conversely, why I, living in the German equivalent of the Lakes, am such a "liberal-minded, sanctimonious, do-gooder..." A bit like Bayern I've got the perfect mental image of you now. It must be every time there are German connotations around a poster. Anyway. . .
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Post by iancransonsknees on Oct 28, 2024 19:24:25 GMT
Yeah, I'll definitely take the word of one slightly weird bloke off the Oatcake over a Global Happiness Index which surveys thousands of individuals from numerous countries and consistently puts the Scandinavian countries at the top. You've won me over with that argument 😂 How else would you describe an electorate that incessantly moans about public services being shit then complains when trying to put them right costs money?! 8 out of 10 of the electorate couldn't even name the leaders of the 3 main parties. Try it at work tomorrow. Select ten people at random. Then tell me the electorate isn't a bit dumb. Why is Musik weird? And you've missed my point. I said people essentially have only 2 options to vote. And both of them are wank. The fact that a big percentage of people vote for the one you happen to dislike doesn't make them dumb. The tolerant left in action.
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Post by Ariel Manto on Oct 28, 2024 19:26:38 GMT
Yeah, I'll definitely take the word of one slightly weird bloke off the Oatcake over a Global Happiness Index which surveys thousands of individuals from numerous countries and consistently puts the Scandinavian countries at the top. You've won me over with that argument 😂 How else would you describe an electorate that incessantly moans about public services being shit then complains when trying to put them right costs money?! 8 out of 10 of the electorate couldn't even name the leaders of the 3 main parties. Try it at work tomorrow. Select ten people at random. Then tell me the electorate isn't a bit dumb. Why is Musik weird? And you've missed my point. I said people essentially have only 2 options to vote. And both of them are wank. The fact that a big percentage of people vote for the one you happen to dislike doesn't make them dumb. Well, that's categorically untrue.
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Post by Rednwhitenblue on Oct 28, 2024 19:27:39 GMT
Never forget all of that is precisely why you are the way you are. It explains it all. And, conversely, why I, living in the German equivalent of the Lakes, am such a "liberal-minded, sanctimonious, do-gooder..." A bit like Bayern I've got the perfect mental image of you know. It must be every time their are German connotations around a poster. Anyway. . . View AttachmentThat's so sweet that you've turned up to help Badge out, Cranny. Strangely enough, I have a mental image of you too. You're probably old enough to remember Dad's Army, right? Do you remember that weasly little twat who was forever running between the Vicar and the Warden and Capt Mainwaring, desperately trying to shit stir? The Verger, was it? That's who you remind me of on here, always trying to provoke a bit of discord, stir the shit...😄
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Post by wannabee on Oct 28, 2024 19:28:29 GMT
It's standard accounting 101, it's the difference between Capital Spending on Assets on Balance Sheet and Current Account Expense on Profit/Loss Labour will borrow to build new Assets and repair and renew old which extend their useful life and they are then depreciated over their expected life. Plus it will borrow to make strategic green energy investments via GBE Labour will not borrow to pay for current year expense only what they raise in Taxes less what it costs to service National Debt obviously Actually it's FRS 102 : property, plant and equipment and subsequent expenditure: FRS 102, paragraph 17.15 requires an entity to recognise the costs of day-to-day servicing of an item of property, plant and equipment in profit or loss in the period in which the costs are incurred. Such costs are not eligible to be capitalised as part of the cost of the asset. However, where the entity incurs subsequent expenditure on an asset which enhances the service potential of the asset, then the expenditure may qualify for recognition on the balance sheet as part of the cost of the asset. To be fair 101 is used mainly in US sometimes I forget which side of the pond I'm in. 101 adjective mainly US humorous showing the most basic knowledge about a subject: You should know how to boil an egg - that's cooking 101. Helping people get to the polls is a basic lesson of politics 101 dictionary.cambridge.org/dictionary/english/101
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Post by mickeythemaestro on Oct 28, 2024 19:43:13 GMT
Why is Musik weird? And you've missed my point. I said people essentially have only 2 options to vote. And both of them are wank. The fact that a big percentage of people vote for the one you happen to dislike doesn't make them dumb. Well, that's categorically untrue. You know my point, come on now..
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Post by iancransonsknees on Oct 28, 2024 19:45:09 GMT
A bit like Bayern I've got the perfect mental image of you know. It must be every time their are German connotations around a poster. Anyway. . . View AttachmentThat's so sweet that you've turned up to help Badge out, Cranny. Strangely enough, I have a mental image of you too. You're probably old enough to remember Dad's Army, right? Do you remember that weasly little twat who was forever running between the Vicar and the Warden and Capt Mainwaring, desperately trying to shit stir? The Verger, was it? That's who you remind me of on here, always trying to provoke a bit of discord, stir the shit...😄 That's certainly the look on my face sat at the Bet365. A fine, fine program. You've got my MO down. I'd say I was more Fraser though.
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Post by salopstick on Oct 28, 2024 19:52:43 GMT
I repeat to the Government that if they persist in making announcements first outside this House, Ministers will be called to account in this Chamber at the earliest opportunity. The Chair of Ways and Means, who oversees the Budget, is also very upset by the briefing that has gone out. At one time, Ministers did the right thing if they briefed before a Budget: they walked. [Interruption.] Yes, absolutely! They resigned. It seems to me that we are now in a position where if they have not got the information out five days beforehand, it is not worth putting out. Members are elected to this House to represent their constituents and those constituents quite rightly expect their MP to hear it first in order to be able to listen to what the Budget is about and also, in the days following that, to hold the Government to account. This is unacceptable and the Government should not try to run roughshod over this House. It will not happen. Governments sometimes leak budget details to the press for several reasons: 1. **Managing Expectations**: By releasing certain details early, they can gauge public reaction and adjust their plans accordingly. 2. **Political Strategy**: Leaks can be used to gain political advantage, either by highlighting popular measures or by distracting from less favorable news. 3. **Testing the Waters**: It allows them to see how the public and markets might react to specific proposals before they are officially announced. 4. **Media Relations**: Leaks can help maintain a good relationship with the press by providing them with exclusive information. It's a strategic move that can serve multiple purposes, depending on the context and the goals of the government at the time. On balance, it’s far more preferable for governments to incur the wrath of parliament and the Speaker than it is to feel the wrath of The City. I couldn’t give a fuck But I was expecting the ex Labour speaker to give Starmer the same bollocking he gave Boris I wait in baited breath
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Post by iancransonsknees on Oct 28, 2024 19:59:06 GMT
Governments sometimes leak budget details to the press for several reasons: 1. **Managing Expectations**: By releasing certain details early, they can gauge public reaction and adjust their plans accordingly. 2. **Political Strategy**: Leaks can be used to gain political advantage, either by highlighting popular measures or by distracting from less favorable news. 3. **Testing the Waters**: It allows them to see how the public and markets might react to specific proposals before they are officially announced. 4. **Media Relations**: Leaks can help maintain a good relationship with the press by providing them with exclusive information. It's a strategic move that can serve multiple purposes, depending on the context and the goals of the government at the time. On balance, it’s far more preferable for governments to incur the wrath of parliament and the Speaker than it is to feel the wrath of The City. I couldn’t give a fuck But I was expecting the ex Labour speaker to give Starmer the same bollocking he gave Boris I wait in baited breath
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Post by danceswithclams on Oct 28, 2024 20:21:41 GMT
Because he's Swedish. Have you been in IKEA? They call bookcases things like Küntlikker. Mad bastards.
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Post by milton58 on Oct 28, 2024 20:23:44 GMT
You're definitely not, ya overweight, out of shape, middle-aged loser in a dead-end job with a string of failed relationships behind him, living in shitty rented accommodation in the dump that is Stoke-on-Trent...!😘 Lovely stuff😘 that must have hurt fella truth usually does
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Post by salopstick on Oct 28, 2024 20:27:56 GMT
I couldn’t give a fuck But I was expecting the ex Labour speaker to give Starmer the same bollocking he gave Boris I wait in baited breath Well done
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Post by thehartshillbadger on Oct 28, 2024 20:32:42 GMT
that must have hurt fella truth usually does What do you mean?
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Post by Ariel Manto on Oct 28, 2024 20:37:05 GMT
Governments sometimes leak budget details to the press for several reasons: 1. **Managing Expectations**: By releasing certain details early, they can gauge public reaction and adjust their plans accordingly. 2. **Political Strategy**: Leaks can be used to gain political advantage, either by highlighting popular measures or by distracting from less favorable news. 3. **Testing the Waters**: It allows them to see how the public and markets might react to specific proposals before they are officially announced. 4. **Media Relations**: Leaks can help maintain a good relationship with the press by providing them with exclusive information. It's a strategic move that can serve multiple purposes, depending on the context and the goals of the government at the time. On balance, it’s far more preferable for governments to incur the wrath of parliament and the Speaker than it is to feel the wrath of The City. I couldn’t give a fuck But I was expecting the ex Labour speaker to give Starmer the same bollocking he gave Boris I wait in baited breath I'm sure they're biting their nails in worry over the amount of fucks you don't give. However, that's why governments have leaked budget details in recent years. Governments need to give the markets forewarning.
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Post by iancransonsknees on Oct 29, 2024 6:24:52 GMT
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