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Adrian@TORQEN

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Posts posted by Adrian@TORQEN

  1. Have we covered this letter in this thread yet? 

     

    ======

    Economists’ letter to the Financial Times


    25 November 2019


    The UK economy needs reform. For too long it has prioritised consumption over investment,
    short-term financial returns over long-term innovation, rising asset values over rising wages,
    and deficit reduction over the quality of public services. The results are now plain. We have
    had ten years of near zero productivity growth. Corporate investment has stagnated. Average
    earnings are still lower than in 2008. A gulf has arisen between London and the South East
    and the rest of the country. And public services are under intolerable strain - which the
    economic costs of a hard Brexit would only make worse. We now moreover face the urgent
    imperative of acting on the climate and environmental crisis.


    Given private sector reluctance, what the UK economy needs is a serious injection of public
    investment, which can in turn leverage private finance attracted by the expectation of higher
    demand. Such investment needs to be directed into the large-scale and rapid decarbonisation

    of energy, transport, housing, industry and farming; the support of innovation- and export-
    oriented businesses; and public services. It is clear that this will require an active and green

    industrial strategy, aimed at improving productivity and spreading investment across the
    country. Experience elsewhere (not least in Germany) suggests a National Investment Bank
    would greatly help. With long-term real interest rates now negative, it makes basic economic
    sense for the government to borrow for this, spreading the cost over the generations who will
    benefit from the assets. As the IMF has acknowledged, when interest payments are low and
    investment raises economic growth, public debt is sustainable.


    At the same time, we need a serious attempt to raise wages and productivity. A higher
    minimum wage can help do this, alongside tighter regulation of the worst practices in the gig
    economy. Bringing workers onto company boards and giving them a stake in their companies,
    as most European countries do in some form, will also help. The UK’s outlier rate of
    corporation tax can clearly be raised, not least for the highly profitable digital companies.
    As economists, and people who work in various fields of economic policy, we have looked
    closely at the economic prospectuses of the political parties. It seems clear to us that the
    Labour Party has not only understood the deep problems we face, but has devised serious
    proposals for dealing with them. We believe it deserves to form the next government.


    Yours
    David G. Blanchflower
    Bruce V. Rauner Professor of Economics, Dartmouth College; Professor of Economics.
    University of Stirling; former member of the Bank of England Monetary Policy Committee
    Victoria Chick
    Emeritus Professor of Economics, University College London
    Lord Meghnad Desai
    Emeritus Professor of Economics, London School of Economics and Political Science

     

    =========

     

    Full letter here:

    https://drive.google.com/file/d/1YD3R8a7Qi6t9MwSVHiuQ_b7lMmw5GhRO/view

  2. Just now, coldel said:

    At least she can be incompetent away from the public eye, rather than incompetent in full view of it.

     

    Home Secretary, I mean what could possibly go wrong...

    Imagine if she would send vans on the road with the very kind message: "In the UK illegally? Go home or face arrest!" like in the Operation Valken.

     

    Or if she would do some secret meetings in Israel without advising her boss, the PM.

     

    That would be absolutely terrible. Oh, wait!

     

     

  3. 1 minute ago, coldel said:

    Diane Abbot is one that is definitely stealing a living, astonishing that someone so error prone continues to be in such a senior role.

    While I kindly agree with you, she's not technically anything right now, not an MP as the parliament has been dissolved nor a shadow secretary. I would imagine a new shadow cabinet will be announced after the elections or if Labour win, a new cabinet. I haven't seen her in front of the cameras in this campaign, perhaps for a reason.

  4. Just now, ATTAK Z said:

    For anyone who is about to vote for their Labour candidate tomorow I would ask:

     

    Would you be happy with the following starting Friday 13th November ?

     

    1) Diane Abbott as Home Secretary

    2) Angela Raynor as Secretary of State for Education

    3) John McDonnell as Chancellor of the Exchequer

     

     

    Yeah, forget about the lies and disaster tories did in 9 years through austerity and brexit, forget about the Labour policies and manifesto, let's focus on some people Labour might bring in government.

     

    Makes a very valid point to me why I would vote for Conservatives.

    As if Priti Patel, Nicky Morgan, Michael Gove are any different. 

    Short reminder (I know, Corbyn propaganda...)
     

     

  5. 2 minutes ago, Umster said:

    Andrew has raised some valid points and is probably the first person to hold our PM to account

    We're being played again, Umair. It's worse than that. 

     

    Andrew Neil is the chairman of Press Holdings Media Group, aka Spectator, see here:

    https://en.wikipedia.org/wiki/Andrew_Neil

    https://www.linkedin.com/company/press-holdings-media-group/about/

    https://media.info/organisations/names/press-holdings

     

    Boris worked for the Spectator from 1999 to 2005, see here:

    https://en.wikipedia.org/wiki/Boris_Johnson

     

    The Spectator is owned by Barclay Brothers, very ardent Brexit supporters, well, for a reason:

    https://novaramedia.com/2019/12/04/predatory-poisonous-vacuous-to-understand-boris-johnson-start-with-the-spectator/

     

    What Andrew Neil did here is just some entry music, drum roll for Boris:

    https://apple.news/AN5jcf3I3Sq6Jp5sDsmu2lQ

     

    This is just for show, Boris will definitely come for the interview, I have no doubt in that, and he will argue that of course he's trustworthy because he said he was happy to be interviewed by anyone and here he is. And everyone will tune in and lap up every word because the whole thing's been so hyped up.

  6. 12 hours ago, Ekona said:

    Let’s not forget parliamentary sovereignty will always apply too. 

    No, it won’t, you’re missing  the point, it’s a prerogative that can be used to overrule the parliament, just as he tried, after lying to the queen. We’re in very dangerous territory if the judicial review won’t be available anymore. 

    • Like 1
  7. This general election is about more than just Brexit. Brexit wont be done by January 31st, just as it hasn’t be done in July or October. Brexit will take 10-15 years to sort out, for a properly negotiated deal with EU, and specially if the people won’t be asked again in a referendum based on the information we know now. 

     

    This general election is about having a fairer society, for being able to put food on the table, to prevent unnecessary pain and suffering, to take care of our planet for our kids and future generations, it’s for dealing child poverty, homelessness and mental health issues, for dealing with violent crimes and home brewed terrorism and so much more.

     

    It’s time we started carrying about everyone in the society and close the divide between us, generated by the fat cats, newspapers and a selected number of politicians. 

     

    Do the right thing, Dan, think it through again.

  8. 15 hours ago, Ekona said:

    As before though, this election is really about Brexit, nothing else. Don’t kid yourselves that anything else will change at all in the next 5 years otherwise, regardless of who wins. 

    Did you actually read the Conservative manifesto? 

     

    Here's the link from their website: https://assets-global.website-files.com/5da42e2cae7ebd3f8bde353c/5dda924905da587992a064ba_Conservative 2019 Manifesto.pdf

     

    Check page 48:

     

    2019-12-05_13-30-01.jpeg

     

    "We will ensure that judicial review is available to protect the rights of the individuals against an overbearing state, while ensuring that it is not abused to conduct politics by another means or to create needless delays."

     

    Does this mean Boris Johnson's decisions could not be ruled illegal, the only person with this status in UK, or am I reading it wrong? Forget 2000 years of legal precedent, the human rights laws, any equality considerations or any new law made by MPs? How about the separations of powers? As I read it, the ancient rights of royal prerogative could/would be used to overrule the parliament, so that the government and Prime Minister could act illegally, without any chance of stopping it.

     

    Remember when he tried to close Parliament for 5 weeks at a time of crisis, being ruled illegal? Or when May wanted to trigger Article 50 without parliamentary consent?

     

    Not a law specialist, but I'd love to hear what the specialists are saying about this paragraph with regards to the judicial reviews.

     

    Anything but Corbyn you say? :surrender:

     

  9. On the NHS sale:

     

    "Start with the shocking privatisation in 2013 of the NHS blood plasma supplier, on which thousands of patients depend. To protect the quality of the blood product, David Owen, as health secretary in 1975, took blood plasma collection into public ownership as Plasma Resources UK. But Jeremy Hunt, as health secretary, sold that off for £200m to a US private equity firm, Bain Capital, while Britain kept a 20% stake. Co-founded by Mitt Romney in 1984, Bain has over the years acquired such well known health products as Burger King, Dunkin Donuts, Dominos Pizza and much else. Protesters, David Owen among them, warned that the company had a predatory reputation for asset stripping, but Bain promised it would develop the company into a “life sciences champion” in Hertfordshire. Instead, it sold it on to a Chinese company in 2016 for £820m. Was there any protest from our government, losing its last remnant of control? Not a word. Instead, an irony, the US government is expressing concern at China taking over a vital US-owned health asset."

    https://www.theguardian.com/commentisfree/2019/oct/25/boris-johnson-conservatives-nhs-funding

     

    Piece by piece, until the last piece. 

    • Like 1
  10. On 01/12/2019 at 18:26, AlexRussell99 said:

    Hi, I was looking at this and I have also discovered this. 

     

    Thanks for the message, I may alert the Facebook group with my suspicions 

    My pleasure. I've confirmed with Z1 several times, 100% forged invoice. 

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