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The Premiership of Mary Elizabeth Truss.Sept 2022 - Oct 2022

gavreid said:
I give them a few days until the volte-face
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The Lizard Queen has declared herself unpopular, by choice. Emulating Hilda the 'Grate' (iron lady)? Or has she been offered ermine to take the heat from a seriously compromised and disenfranchised population shredded by the egregious policies of the ERG?

John
 
palindrome said:
The Lizard Queen has declared herself unpopular, by choice. Emulating Hilda the Grate (iron lady)? Or has she been offered ermine to take the heat from a seriously compromised and disenfranchised population shredded by the egregious policies of the ERG?

John
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Hilda took 2 years to reject Monetarism - Truss doesn't know her history

BTW I've been calling her Rosa Klebb

iu
 
What, like we are not in the toaster already with the 'done' setting at charcoal -

well that was in reply to another post that appears to have been removed...
 
Don't forget: British people are the worst idlers in the world.

If you fail to make it under their new economic Eldorado, it is because you are lazy.

PS Presumably you will fail because British people are the worst idlers in the world. :confused:
 
laughingboy said:
I'd like to understand the inner workings of the modern Tory party too. I wonder for example, what role the Carlton club, the Reform club or White's play in internal affiliations, and how that plays out in terms of patronage, etc.

We know about Johnson flying back from COP26 for dinner at the Garrick club with Charles Moore and pals, after which Johnson recklessly tried to support Owen Paterson. To what extent is Conservative policy made in similar ways, for favours, for friends?
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It’s at least as deeply malodourous as it seems and there’s probably even worse the public is unaware of, waiting for the door to be opened on it. Had Corbyn done a fraction of what Johnson did, there would have been a military coup against his government. Lying to the Queen, unlawfully shutting Parliament ( remember, Parliament was supposed to be sovereign) and corruptly putting £34billion in public money into the hands of unvetted family, friends and donors for often dud Covid protections. It’s crime of the century stuff.
 
Pound crashes as markets lose confidence in government

This is turning into an absolute rout on the pound, as the markets give a scathing verdict to Kwasi Kwarteng’s unfunded tax cuts and extra spending.

Having dropped through $1.10 earlier this afternoon, sterling has continued to crash….. all the way down to a new 37-year low of $1.09.

The pound has lost 3.5 cents today, cratering by 3% – on track for its worst day since the market panic of March 2020 when the pandemic hit.

https://www.theguardian.com/politic...0822acf24f54bd#block-632dc9ad8f0822acf24f54bd

Nick Macpherson, the former Permanent Secretary to the Treasury, tweets that he can’t remember such a strong market reaction to any previous fiscal event, over 30 years of service.

He points out that the pound has lost 2.5% against the Japanese yen, as well as tumbling against 3% the dollar and 1.8% vs the euro, while borrowing costs have surged alarmingly.

https://www.theguardian.com/politic...0894f47d8a42c2#block-632dd4208f0894f47d8a42c2

Where did the the Tories get their reputation for managing the economy anyway?
 
Truss has killed likely played a key role in the death of the Queen. And crashed the pound.

The human hand grenade. That is why they called her this. Everything she touches goes horribly wrong.
 
I'm struggling to reconcile any notion of our so-called 'ruling elites' taking roles as a functioning government, when said government is demonstrably. . .
so far out of its depth,
so utterly incompetent,
so far removed from reality,
. . .that it initiates what is rapidly unfolding as a financial, and possibly an intra-societal, catastrophy.

Elite?

John
 
gavreid said:
Pound crashes as markets lose confidence in government

This is turning into an absolute rout on the pound, as the markets give a scathing verdict to Kwasi Kwarteng’s unfunded tax cuts and extra spending.

Having dropped through $1.10 earlier this afternoon, sterling has continued to crash….. all the way down to a new 37-year low of $1.09.

The pound has lost 3.5 cents today, cratering by 3% – on track for its worst day since the market panic of March 2020 when the pandemic hit.

https://www.theguardian.com/politic...0822acf24f54bd#block-632dc9ad8f0822acf24f54bd

Nick Macpherson, the former Permanent Secretary to the Treasury, tweets that he can’t remember such a strong market reaction to any previous fiscal event, over 30 years of service.

He points out that the pound has lost 2.5% against the Japanese yen, as well as tumbling against 3% the dollar and 1.8% vs the euro, while borrowing costs have surged alarmingly.

https://www.theguardian.com/politic...0894f47d8a42c2#block-632dd4208f0894f47d8a42c2

Where did the the Tories get their reputation for managing the economy anyway?
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But it means our exports are more competitive™.*

*if we produced anything to export, if there was a US trade deal, if Britain’s exporters into the EU hadn’t folded their tents and disappeared.
 
TheDecameron said:
But it means our exports are more competitive™.*

*if we produced anything to export, if there was a US trade deal, if Britain’s exporters into the EU hadn’t folded their tents and disappeared.
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Maybe she has a side effort going in red noses ;) Even her dad's disowned her...
 
Bring back Owen Paterson! Let Boris take the reins again, it’s time for a Churchillian figure like Boris ( and he makes us laugh).
 
notaclue said:
Truss has killed likely played a key role in the death of the Queen. And crashed the pound.

The human hand grenade. That is why they called her this. Everything she touches goes horribly wrong.
Click to expand...

The one thing that is good about this simply staggering economic incompetence it will prune the Tory vote right back to the most wealthy elites and the most extreme Thatcherites. ‘Red Wall’? Gone. Middle-class rural and urban Lib Dem-curious floaters? Gone. If they carry on such an obvious elite class warrior low-tax low-human-rights path they really are toast. There is absolutely no popularism to this budget. It is a largely off-shored wealthy elite gang-raping what is left of a failing nation.

The way this is being reported is telling too. I’m watching Sky News, which is hardly the Socialist Worker, and they are reporting the crash of Sterling and the gilt market, describing it as the most extreme and risky budget of a lifetime, highlighting the extent to which experts across the world are at a loss to find any logic to it. They are also interviewing normal folk in normal working class areas (Wakefield I think) who understand more than enough to know they are screwed. They’ve been hung out to dry.

I expect a u-turn very, very soon, but if not the Tory poll rating will follow Sterling right down the shitter.
 
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