remmington
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Post by remmington on Jul 9, 2022 6:19:53 GMT 1
Bearing in mind my Father will be 91 in Sept.
His thoughts are and I quote:
"Rishi Sunak is a bright lad - Priti Patel is not too popular and has no hope. But if Grant Shapps gets the job - I will be moving to Spain".
Several things pleased me from the above statement. One: My Father never mentioned or even cared two of the candidates are from an Asian decent. Two: My Father has a grasp of what is going on and is following it in the papers. He then asked me if this comes to a general election, which he did not think it would. Would I take him to the polling station later in the year to vote.
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Post by Rhubarb on Sept 15, 2022 15:21:36 GMT 1
Ahem  |
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Stilo
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Post by Stilo on Sept 29, 2022 21:23:41 GMT 1
Remmington, would be very interested to know your dad's thoughts on the PM and chancellor after this week's "sterling" performance 🤔
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Post by Noberator on Sept 29, 2022 21:31:00 GMT 1
Remmington, would be very interested to know your dad's thoughts on the PM and chancellor after this week's "sterling" performance 🤔 She'll get the O.B.E. Out Before Easter.  I'll get me coat. |
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remmington
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Post by remmington on Sept 30, 2022 8:00:24 GMT 1
Remmington, would be very interested to know your dad's thoughts on the PM and chancellor after this week's "sterling" performance 🤔 My Father cannot understand how reducing the top rate of tax has affected the markets so much? He reckons it is priceless thou - how they have reduced the energy costs by giving the energy providers "free money" - funding this by selling high interest "green" bonds and how the energy companies are buying these high interest bonds with the free money they got for nothing. Forcing interest rates up (so thus mortgages) so the people they are trying to help have less money out of a months wage packet. He got an A4 bit of paper out and drew this fomula out for me. And when you think about it - what a simple thing they have missed here... Dad aged 91 - has a good clear understanding of the above. He is 91 and not personally run out of money! So maybe he should be chancellor...? (sadly he is not gonna live long enough to see the elected term out). But I do like sitting talking to "old men" - they do see things for "what they are".... |
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Post by valhalla on Oct 5, 2022 14:30:01 GMT 1
Having been darn Sarf for a few days over the weekend, I find it amazing how distorted things seem to become in the news. I have the luxury of sitting-back and studying events as the happen, and not much really affects me. If it did, I would shoot it before it even got into the Glen....
One thing struck me like a barn door in a Skye wind : Whatever the present government can do right now, the news media in Englandshire seem to have it in for them, almost a precondition of reporting, so it appears. My mate put the telly on on Friday night (we have no telly here) and the Lassies on both Sky and BBC seemed to be pathologically opposed to the whole concept of a government that reverses all the bad things that make running a small or medium enterprise almost impossible these days. For example, what in the name of economy is wrong with cancelling the NI increases? These are killing small outfits in my neck of the woods already - who on earth wants to employ staff for a few more hours, only to jump from "casual" to "crippling-overheads"? We need a government that knows how to drive growth in SME's, as well as large corporations, if we ever want to drag our sorry derrieres out of the doldrums.
It seems the present government want to do the right things, but maybe they have just not communicated and discussed where they are headed, both within their ranks as well as with the public. It doesn't help that a left-wing agenda (Russia?? North Korea?? China??) has been set by the group-thinkers and so-called intelligentsia (a completely misconstrued terminology these days) of the media outlets.
I asked my mate to put the "Dave" channel back on again - it's less contentious, and I can understand the plot (I'm the only one) in the Rambo film...... |
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remmington
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Post by remmington on Oct 5, 2022 20:25:10 GMT 1
Having been darn Sarf for a few days over the weekend, I find it amazing how distorted things seem to become in the news. I have the luxury of sitting-back and studying events as the happen, and not much really affects me. If it did, I would shoot it before it even got into the Glen.... One thing struck me like a barn door in a Skye wind : Whatever the present government can do right now, the news media in Englandshire seem to have it in for them, almost a precondition of reporting, so it appears. My mate put the telly on on Friday night (we have no telly here) and the Lassies on both Sky and BBC seemed to be pathologically opposed to the whole concept of a government that reverses all the bad things that make running a small or medium enterprise almost impossible these days. For example, what in the name of economy is wrong with cancelling the NI increases? These are killing small outfits in my neck of the woods already - who on earth wants to employ staff for a few more hours, only to jump from "casual" to "crippling-overheads"? We need a government that knows how to drive growth in SME's, as well as large corporations, if we ever want to drag our sorry derrieres out of the doldrums.
It seems the present government want to do the right things, but maybe they have just not communicated and discussed where they are headed, both within their ranks as well as with the public. It doesn't help that a left-wing agenda (Russia?? North Korea?? China??) has been set by the group-thinkers and so-called intelligentsia (a completely misconstrued terminology these days) of the media outlets. I asked my mate to put the "Dave" channel back on again - it's less contentious, and I can understand the plot (I'm the only one) in the Rambo film...... My last Tory MP - was quoted as saying the self employed and small enterprise were the backbone of the country (Sir Henry Bellingham). Our current Tory MP James Wild - came down on the train from London - got voted in - returned back to London and has never been seen since! I don't know what he thinks of does? I could live without a TV... Stayed a few days on Narrowboat in the summer with a friend who was passing by - he had no TV - found it refreshing listening to a FM radio for the news.valhalla - can you explain to me - why reducing the high rate of tax - made so much impact to the markets? |
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Post by rhyds on Oct 5, 2022 20:56:34 GMT 1
valhalla - can you explain to me - why reducing the high rate of tax - made so much impact to the markets? From what I understand the big issue was that unlike previous Autumn Statements/Mini Budgets there was no Office of Budget Responsibility or Treasury forecasts included to give context and to "show the working" the treasury had made. The big tax cutting announcements which looked to be funded by increased borrowing spooked the bond market as they expected a big flood of UK government debt. This also affected the Pound's value, especially against the very strong US Dollar. As for the coverage of the government, the problem that Truss has is that unlike other PMs she's had zero "honeymoon period". It was clear to everyone that she was going to win the leadership election by mid August, so a lot of that "new leader bounce" was lost. Also, the royal funeral et al dominated the news cycle for the first two weeks of her premiership. This, coupled with her being a very poor communicator compared to Johnson means she's not been winning hearts and minds. |
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remmington
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Post by remmington on Oct 5, 2022 21:06:40 GMT 1
valhalla - can you explain to me - why reducing the high rate of tax - made so much impact to the markets? From what I understand the big issue was that unlike previous Autumn Statements/Mini Budgets there was no Office of Budget Responsibility or Treasury forecasts included to give context and to "show the working" the treasury had made. The big tax cutting announcements which looked to be funded by increased borrowing spooked the bond market as they expected a big flood of UK government debt. This also affected the Pound's value, especially against the very strong US Dollar. As for the coverage of the government, the problem that Truss has is that unlike other PMs she's had zero "honeymoon period". It was clear to everyone that she was going to win the leadership election by mid August, so a lot of that "new leader bounce" was lost. Also, the royal funeral et al dominated the news cycle for the first two weeks of her premiership. This, coupled with her being a very poor communicator compared to Johnson means she's not been winning hearts and minds. If oil is sold in dollars per barrel - will a weak pound push fuel prices up again? |
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Post by valhalla on Oct 5, 2022 21:51:00 GMT 1
As for the coverage of the government, the problem that Truss has is that unlike other PMs she's had zero "honeymoon period". It was clear to everyone that she was going to win the leadership election by mid August, so a lot of that "new leader bounce" was lost. Also, the royal funeral et al dominated the news cycle for the first two weeks of her premiership. This, coupled with her being a very poor communicator compared to Johnson means she's not been winning hearts and minds. I concur completely with the above - it's more a problem of speculation within the markets, rather than anything that has/will actually go wrong. Until it is clear how things are going to pan-out, with many other factors influencing these issues, the na'er-sayers are just guessing. I think that is the fundamental problem with our banking systems in the West; too much relies-upon speculation and betting, rather than any real factual basis.
I think Liz Truss and her team have inherited a complete mess. They are already being punished for being brave and fast - it seems there are no rewards in politics for actually doing anything, about anything, just "keep your head down" and "keep your nose clean until after the next election".
We haven't had a real government in the UK, one that actually has clever people with experience and good ideas to run the show, for, well.........decades. All political flavours are just as guilty as each other. Liz, I see from the line-up, has tried to put some true-thinkers, rather than group-thinkers, into her cabinet. If that had happened back in the 1990's, we wouldn't be in half the mess we are in right now.
Whatever the outcome, it was always going to be bad, whoever held the keys to 10 Downing Street. As a country, we are a wash-out, with all of our priorities mixed-up and obfuscated by decades of incompetence and corruption. We have abused the true working backbone of the nation, rewarded the incompetent, eroded work/life balance, sold our values, and squashed innovation and technology. Our chickens are well and truly flocking to the roost. We either suck-up to the idea that it's time for the nation to get back to work, or descend into a 3rd-world status where it becomes fashionable for Brits to migrate elsewhere to achieve their dreams.
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Post by rhyds on Oct 5, 2022 21:54:58 GMT 1
From what I understand the big issue was that unlike previous Autumn Statements/Mini Budgets there was no Office of Budget Responsibility or Treasury forecasts included to give context and to "show the working" the treasury had made. The big tax cutting announcements which looked to be funded by increased borrowing spooked the bond market as they expected a big flood of UK government debt. This also affected the Pound's value, especially against the very strong US Dollar. As for the coverage of the government, the problem that Truss has is that unlike other PMs she's had zero "honeymoon period". It was clear to everyone that she was going to win the leadership election by mid August, so a lot of that "new leader bounce" was lost. Also, the royal funeral et al dominated the news cycle for the first two weeks of her premiership. This, coupled with her being a very poor communicator compared to Johnson means she's not been winning hearts and minds. If oil is sold in dollars per barrel - will a weak pound push fuel prices up again? Yes, the weak Pound to Dollar exchange rate is a part of fuel price changes. |
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remmington
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Post by remmington on Oct 24, 2022 7:09:29 GMT 1
Dad got to 91 in Sept... This week - current Tory mess - with no PM again. Dad reckons Spain is looking a better option (positives no winter heating bills - negatives the pound is so weak your pocket money won't go far!). Gonna miss talking about Politics with Dad when he is gone...  |
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Post by Noberator on Oct 24, 2022 10:32:30 GMT 1
Dad got to 91 in Sept... This week - current Tory mess - with no PM again. Dad reckons Spain is looking a better option (positives no winter heating bills - negatives the pound is so weak your pocket money won't go far!). Apologies for being nosey.  Do I detect all isn't well?  |
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remmington
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Post by remmington on Oct 24, 2022 11:41:06 GMT 1
Dad got to 91 in Sept... This week - current Tory mess - with no PM again. Dad reckons Spain is looking a better option (positives no winter heating bills - negatives the pound is so weak your pocket money won't go far!). Apologies for being nosey. Do I detect all isn't well? No all is good - well as good as you can get at 91. Dad getting forgetful - but still living an independant life at home with Mother. He still doing his garden - walking the dogs - shopping (with help) and still driving. He just needs a bit of help with "modern life" - paying bills - sorting stuff out. But the day to day stuff - he and Mother are doing well. Only thing is - as with everybody in their 90's - they sleep as long as they are awake. Sit them down they nod off for hours. I think this is just normal. Other day - Dad fell asleep between cources at our dinner table. Had some soup and roll - nodded off - missed the main cource. |
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Do I detect all isn't well? 