Thedelldays Posted 12 May, 2010 Posted 12 May, 2010 No to euro Referendum on any further transfer of power to Europe Libdems drop opposition to trident 5 year parliament 6bn reduction this year Anything else?
John B Posted 12 May, 2010 Posted 12 May, 2010 (edited) No to euro Referendum on any further transfer of power to Europe Libdems drop opposition to trident 5 year parliament 6bn reduction this year Anything else? A fudge on the Lib Dems £10000 tax threshold No change in Heritance Tax Threshold which only affects 5% of the population anyway. - It would not have happened anyway according to Kenneth Clark Libdems have not entirely dropped oppostion to Trident Boy George in Number 11 No entry into the Euro within the life of the Parliament Edited 12 May, 2010 by John B
Thedelldays Posted 12 May, 2010 Author Posted 12 May, 2010 4 Year Parliament A fudge on the Lib Dems £10000 tax threshold No change in Heritance Tax Threshold which only affects 5% of the population anyway. - It would not have happened anyway according to Kenneth Clark Libdems have not entirely dropped oppostion to Trident Boy George in Number 11 No entry into the Euro within the life of the Parliament http://news.bbc.co.uk/1/mobile/uk_politics/election_2010/8676607.stm
GenevaSaint Posted 12 May, 2010 Posted 12 May, 2010 No to euro Referendum on any further transfer of power to Europe Libdems drop opposition to trident 5 year parliament 6bn reduction this year Anything else? referendum on alternative vote
badgerx16 Posted 12 May, 2010 Posted 12 May, 2010 Nick Clegg in the biggest 'non-job' ever; Deputy Prime Minister, the new John Prescott ?
dune Posted 12 May, 2010 Posted 12 May, 2010 I'm actually warming to the idea of the Liberals in govt. Having the likes of Vince Cable on our side and not against us is certainly an advantage.
$$$ Posted 12 May, 2010 Posted 12 May, 2010 http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=399144 :biggrin:
dune Posted 12 May, 2010 Posted 12 May, 2010 http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=399144 :biggrin: That's good news and it's also good news that the Tories have scrapped raising the inheritance tax threshold. I'm sure these measures won't be popular with many Tories, but it's the right thing to do. On a separate note the £ has strengthened against the dollar and the Euro to $1.49 and E1.18 respectively which shows that currency exchanges are happy. There have been falls on the stock market, but this has been a global trend and is related to the state of the Eurozone.
Gingeletiss Posted 12 May, 2010 Posted 12 May, 2010 Nick Clegg in the biggest 'non-job' ever; Deputy Prime Minister, the new John Prescott ? Can't see him getting punchy!, can you?
Wade Garrett Posted 12 May, 2010 Posted 12 May, 2010 I'm actually warming to the idea of the Liberals in govt. Having the likes of Vince Cable on our side and not against us is certainly an advantage. True, god help us if that idiot Osbourne had to do it all on his own.
Wade Garrett Posted 12 May, 2010 Posted 12 May, 2010 That's good news and it's also good news that the Tories have scrapped raising the inheritance tax threshold. I'm sure these measures won't be popular with many Tories, but it's the right thing to do. On a separate note the £ has strengthened against the dollar and the Euro to $1.49 and E1.18 respectively which shows that currency exchanges are happy. There have been falls on the stock market, but this has been a global trend and is related to the state of the Eurozone. So previously, the falls on the stock market were because of the Labour Party, and now it's because of a global trend.
dune Posted 12 May, 2010 Posted 12 May, 2010 So previously, the falls on the stock market were because of the Labour Party, and now it's because of a global trend. Precisely.
GenevaSaint Posted 12 May, 2010 Posted 12 May, 2010 On a separate note the £ has strengthened against the dollar and the Euro to $1.49 and E1.18 respectively which shows that currency exchanges are happy. Not any more the £ fell against the $ and the €. Funny thing is, we're all worried about the city and the traders and what they think, but they caused the financial meltdown in the first place. Six months ago the bankers and traders were the biggest villains since Atilla the Hun.
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 Not any more the £ fell against the $ and the €. Funny thing is, we're all worried about the city and the traders and what they think, but they caused the financial meltdown in the first place. Six months ago the bankers and traders were the biggest villains since Atilla the Hun. I listened to Prof. Danny Blanchflower (no - not the footballer ) on the BBC earlier. He was a member of the committee that advises the Bank of England. He reckons we'll now be in for a double-dip recession due to the economic policies of the new government.
View From The Top Posted 12 May, 2010 Posted 12 May, 2010 I listened to Prof. Danny Blanchflower (no - not the footballer ) on the BBC earlier. He was a member of the committee that advises the Bank of England. He reckons we'll now be in for a double-dip recession due to the economic policies of the new government. I saw the interview as well. Didn't realise his position at Dartmouth
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 I saw the interview as well. Didn't realise his position at Dartmouth Left back, wasn't it?
trousers Posted 12 May, 2010 Posted 12 May, 2010 I listened to Prof. Danny Blanchflower (no - not the footballer ) on the BBC earlier. He was a member of the committee that advises the Bank of England. He reckons we'll now be in for a double-dip recession due to the economic policies of the new government. Whereas the head of the very Bank that he advises said today that the new government had "strong" policies to deal with the situation. I like this 'pick a quote' game. Your go :-)
.comsaint Posted 12 May, 2010 Posted 12 May, 2010 I'm actually warming to the idea of the Liberals in govt. Having the likes of Vince Cable on our side and not against us is certainly an advantage. Indeed. The country should be rejoicing today - holding street parties - it should be a national holiday! - because we've finally gotten rid of that complete t0sser Mandelson. I won't have to look at his ugly mug ever again - the slimey, poncy little tw4t.
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 Whereas the head of the very Bank that he advises said today that the new government had "strong" policies to deal with the situation. I like this 'pick a quote' game. Your go :-) From your man: In its latest Inflation Report, it said economic conditions remained uncertain and the recovery could be hit by "substantial fiscal tightening".
trousers Posted 12 May, 2010 Posted 12 May, 2010 From your man: In its latest Inflation Report, it said economic conditions remained uncertain and the recovery could be hit by "substantial fiscal tightening". What date was that?
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 What date was that? Today http://news.bbc.co.uk/1/hi/business/10110546.stm
trousers Posted 12 May, 2010 Posted 12 May, 2010 Today http://news.bbc.co.uk/1/hi/business/10110546.stm Ta. I just saw a breaking news thingamy on t'telly out of corner of my eye earlier. I think you may just have won 'pick a quote' for today though.
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 Ta. I just saw a breaking news thingamy on t'telly out of corner of my eye earlier. I think you may just have won 'pick a quote' for today though. Aythangyooo x
trousers Posted 12 May, 2010 Posted 12 May, 2010 Aythangyooo x But, of course, if the con-lib budget measures are followed by another double-dip we'll never know whether another approach would have been better or worse. (apart from the 'theoreticals' of different experts of course). Not that that will stop the critics looking at it in absolute rather than relative terms of course. You may have won 'pick a quote' for today but I hereby claim first prize for the most "of course"s in one post
trousers Posted 12 May, 2010 Posted 12 May, 2010 Yay...found the quotes from mervyn king about how promising he thinks the con-lib plans are: Trousers back in the game in extra time. Come on Trousers! ;-)
bridge too far Posted 12 May, 2010 Posted 12 May, 2010 Trousers - you are only allowed back in the game if you learn how to do links properly.
trousers Posted 12 May, 2010 Posted 12 May, 2010 Trousers - you are only allowed back in the game if you learn how to do links properly. You try doing links on this crap excuse for a mobile computer (aka iPhone) :-)
trousers Posted 13 May, 2010 Posted 13 May, 2010 I'm still reading this morning that the bank of England are actively encouraging the new government to start cuts straight away. Am I missing something somewhere?
buctootim Posted 13 May, 2010 Posted 13 May, 2010 I'm still reading this morning that the bank of England are actively encouraging the new government to start cuts straight away. Am I missing something somewhere? Basically Mervyn King has said its a balancing act. Cut too much and you will deflate the economy - setting back economic growth and therefore further reducing employment and the total tax take. It you dont cut the deficit enough rthe city will take fright, cut the UKs credit rating, the price the government has to pay to borrow goes up and we then have an even worse deficit because the amount required to pay the interest is even higher. Merv thinks £6bn of cuts this year is about right.
Guest Dark Sotonic Mills Posted 13 May, 2010 Posted 13 May, 2010 Trousers - you are only allowed back in the game if you learn how to do links properly. Don't go getting your thong in a pickle, I've fixed it for Trousers and for your sensibilities.
badgerx16 Posted 13 May, 2010 Posted 13 May, 2010 When will we start a new thread - "New Government - the arguments" ?
badgerx16 Posted 13 May, 2010 Posted 13 May, 2010 What happens in Thirsk ? They havn't had their vote yet, due to a candidate dying. As it's a comparatively safe Tory seat, will the LDs contest it ?
benjii Posted 13 May, 2010 Posted 13 May, 2010 £6bn is not a lot in the context of annual government spending anyway. As to the point someone raised about the markets - when you are beholden to them to the tune of hundreds of billions of pounds you have little choice but to take notice.
TopGun Posted 13 May, 2010 Posted 13 May, 2010 What happens in Thirsk ? They havn't had their vote yet, due to a candidate dying. As it's a comparatively safe Tory seat, will the LDs contest it ? Yes, because it is too late for candidate withdrawals. It will be friendly opposition apparently.
badgerx16 Posted 13 May, 2010 Posted 13 May, 2010 Yes, because it is too late for candidate withdrawals. It will be friendly opposition apparently. With Labour's campaign slogan "Vote Clegg, get Cameron".
trousers Posted 13 May, 2010 Posted 13 May, 2010 Basically Mervyn King has said its a balancing act. Cut too much and you will deflate the economy - setting back economic growth and therefore further reducing employment and the total tax take. It you dont cut the deficit enough rthe city will take fright, cut the UKs credit rating, the price the government has to pay to borrow goes up and we then have an even worse deficit because the amount required to pay the interest is even higher. Merv thinks £6bn of cuts this year is about right. So, the Bank of England are basically agreeing with the Tory approach for this year?
buctootim Posted 13 May, 2010 Posted 13 May, 2010 So, the Bank of England are basically agreeing with the Tory approach for this year? You'd have to ask them. Ive no idea.
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