-
<blockquote class="ipsBlockquote" data-author="Winger" data-cid="515492" data-time="1442138902"><p>
Like his economic policies will destroy the country for a start. Just idiotic nonsense.<br><br>
And why do you think his policies like for example building more desperately needed homes or staying the f++k out of pointless wars will make people poorer. Or not selling off Govt assets on the cheap?<br><br>
Or do you just believe anything you read in the papers without even thinking about it?</p></blockquote>
<br>
Yep sorry I asked.<br><br>
If you honestly believe these policies work, please google Venezuela.But no doubt that will all be media propaganda as well. -
<blockquote class="ipsBlockquote" data-author="Winger" data-cid="515498" data-time="1442139523"><p>
The housing situation is getting bad. And is projected to get much worse unless there is massive house building. Or do you not think so?</p></blockquote>
<br>
Where is this massive house building going to take place? EnviroNazis like Corbyn mourn the loss of a single tree let alone vast tracts of forest. And his completely open door immigration policy is hardly going to help the housing shortage.<br><br>
And just on that about the environment. He claims he will create 1 million green climate jobs. Do you honestly, even in your wildest fantasies, believe that is possible. -
<blockquote class="ipsBlockquote" data-author="Winger" data-cid="515502" data-time="1442140279">
<div>
<p>Not at the taxpayers expense</p>
<p> </p>
<p>He intends to fund it using interest free central bank reserves. </p>
</div>
</blockquote>
<p>Sorry mate, I get the feeling you don't have a clue about the realities of the money markets, which decide things like interest and exchange rates. There's no free money, and everything that is not paid for by private money is by definition at the taxpayers' expense. It's just a matter of when the taxpayer picks up the tab, not if.</p>
<p> </p>
<p>Oh, and there isn't really a housing shortage in the UK is there, just in the South East. </p> -
<blockquote class="ipsBlockquote" data-author="JC" data-cid="515515" data-time="1442145358">
<div>
<p>Sorry mate, I get the feeling you don't have a clue about the realities of the money markets, which decide things like interest and exchange rates. There's no free money, and everything that is not paid for by private money is by definition at the taxpayers' expense. It's just a matter of when the taxpayer picks up the tab, not if.</p>
<p> </p>
<p>Oh, and there isn't really a housing shortage in the UK is there, just in the South East. </p>
</div>
</blockquote>
<p> </p>
<p>I understand what money is and how the UK treasury pay their bills. You don't based on this comment. .</p>
<p> </p>
<p>And your comment re investing in housing is idiotic. It's not spending on welfare so that the poor can afford to eat and pay for their power etc. This is another topic to debate. It's investing in a valuable asset that will almost certainly increase in value over time.</p>
<p> </p>
<p>But the brainwashed have been convinced that a company or person running up debt is OK if this debt finance is invested wisely. But not the Govt doing the same re housing. Even though the UK Govt's deficit spending can be financed by zero interest BoE reserves. This is just a fact as is being done INDIRECTLY by QE.</p> -
<blockquote class="ipsBlockquote" data-author="Rancid Schnitzel" data-cid="515511" data-time="1442142654">
<div>
<p>Where is this massive house building going to take place? EnviroNazis like Corbyn mourn the loss of a single tree let alone vast tracts of forest. <span style="color:#ff0000;">And his completely open door immigration policy</span> is hardly going to help the housing shortage.<br><br>
And just on that about the environment. He claims he will create 1 million green climate jobs. Do you honestly, even in your wildest fantasies, believe that is possible.</p>
</div>
</blockquote>
<p> </p>
<p>Can you see where you have got this badly wrong</p> -
<blockquote class="ipsBlockquote" data-author="Rancid Schnitzel" data-cid="515510" data-time="1442141807">
<div>
<p>Yep sorry I asked.<br><br>
If you honestly believe these policies work, please google Venezuela.But no doubt that will all be media propaganda as well.</p>
</div>
</blockquote>
<p> </p>
<p>Venezuela now is it. What about Zimbabwe. Or Argentina. That's the usual pointless country comparisons thrown in. </p> -
<blockquote class="ipsBlockquote" data-author="Winger" data-cid="515517" data-time="1442148169"><p>
Can you see where you have got this badly wrong</p></blockquote>
<br>
No. Enlighten me. -
<blockquote class="ipsBlockquote" data-author="Rancid Schnitzel" data-cid="515519" data-time="1442149469">
<div>
<p>No. Enlighten me.</p>
</div>
</blockquote>
<p> </p>
<p><span style="color:#ff0000;">"And his completely open door immigration policy</span> is hardly going to help the housing shortage."</p>
<p> </p>
<p>Its not Corbyn's policy.</p>
<p> </p>
<p>It's a requirement to not only be in the EU but also in the single market (Norway and Switzerland). Its just a fact of life in the UK today that the UK need to accept the consequences of and make an allowance for these new arrivals. And there could be a lot that will need housing and work.</p>
<p> </p>
<p>Or if you are referring to refugees this is also covered by various conventions that the UK has signed up to.</p> -
Riiiiight. <br><br>
Btw you didn't answer my questions about where the homes will be built and the 1 million green jobs. -
<blockquote class="ipsBlockquote" data-author="Rancid Schnitzel" data-cid="515523" data-time="1442150753">
<div>
<p>Riiiiight.<br><br>
Btw you didn't answer my questions about where the homes will be built and the 1 million green jobs.</p>
</div>
</blockquote>
<p> </p>
<p>Where did Corbyn mention 1 million green jobs?</p>
<p> </p>
<p>There are various papers that have investigated where these house could be built</p>
<p> </p>
<p><a data-ipb='nomediaparse' href='http://www.bbc.co.uk/news/magazine-30776306'>http://www.bbc.co.uk/news/magazine-30776306</a></p>
<p> </p>
<p>It may be in their business interest to do this, says Henderson. But what it means for the country is that developers are sitting on land for houses that could be put on the market and relieve the housing shortage. It shows the need for the state to take charge of developing large sites so that not all the homes are under the control of the big housebuilders, she says.</p> -
<blockquote class="ipsBlockquote" data-author="JC" data-cid="515514" data-time="1442145023"><p>
Oh, Winger's on here? Is the Flag thing done then?</p></blockquote>
<br>
Yep this threads been "Wingered" you can point out holes in his argument and he will either twist what you said ( see my comment about Greece) ignore it or try and deflect ( oh it's Venezuela now isit? Well it's a reasonably fair comparison so why not ?). <br><br>
On the plus side at least by showing similar sort of devotion to Corbyn as he had for Mathewson we now know why he's so devoted to red peak . Not because he likes it from any asthetic point of view but because he thinks it winds Key up. -
<blockquote class="ipsBlockquote" data-author="jegga" data-cid="515547" data-time="1442170389">
<div>
<p>Yep this threads been "Wingered" you can point out holes in his argument and he will either twist what you said ( see my comment about Greece) ignore it or try and deflect ( oh it's Venezuela now isit? Well it's a reasonably fair comparison so why not ?).<br><br>
On the plus side at least by showing similar sort of devotion to Corbyn as he had for Mathewson we now know why he's so devoted to red peak . Not because he likes it from any asthetic point of view but because he thinks it winds Key up.</p>
</div>
</blockquote>
<p>Yeah, I've got that. I'm not going to engage with someone whose debating style is to call everyone who disagrees with him an idiot. As a rule I never trust the arguments of anyone who tells you what things won't do but never puts their neck on the line and says what will happen.</p>
<p> </p>
<p>If you're interested in why the QE plan won't work I'll tell you what I think but it's one of the driest things you'd ever read. </p> -
<p>Winger doesn't strike me as a young guy, I thought people were supposed to grow out of socialist fantasies. </p>
<p> </p>
<p><span style="color:rgb(51,51,51);font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;">“If a man is not a socialist by the time he is 20, he has no heart. If he is not a conservative by the time he is 40, he has no brain.â€</span></p> -
<blockquote class="ipsBlockquote" data-author="JC" data-cid="515570" data-time="1442178013"><p>Yeah, I've got that. I'm not going to engage with someone whose debating style is to call everyone who disagrees with him an idiot. As a rule I never trust the arguments of anyone who tells you what things won't do but never puts their neck on the line and says what will happen.<br>
<br>
If you're interested in why the QE plan won't work I'll tell you what I think but it's one of the driest things you'd ever read.<br></p></blockquote>
<br>
Please post it! -
<blockquote class="ipsBlockquote" data-author="Kirwan" data-cid="515578" data-time="1442180405"><p>
Winger doesn't strike me as a young guy, I thought people were supposed to grow out of socialist fantasies. <br><br><span style="color:#333333;">[font=Helvetica Neue']“If a man is not a socialist by the time he is 20, he has no heart. If he is not a conservative by the time he is 40, he has no brain.â€[/size][/font]</span></p></blockquote>
Corbyns not young either , maybe they think it keeps them " form with the young people"? Never minds Corbyns politics are as fresh and relevant as a hyper colour t shirt. -
<blockquote class="ipsBlockquote" data-author="Winger" data-cid="515525" data-time="1442152523"><p>
Where did Corbyn mention 1 million green jobs?<br><br>
There are various papers that have investigated where these house could be built<br><br><a class="bbc_url" href="http://www.bbc.co.uk/news/magazine-30776306">http://www.bbc.co.uk/news/magazine-30776306</a><br><br>
It may be in their business interest to do this, says Henderson. But what it means for the country is that developers are sitting on land for houses that could be put on the market and relieve the housing shortage. It shows the need for the state to take charge of developing large sites so that not all the homes are under the control of the big housebuilders, she says.</p></blockquote>
<br>
Its on his own bloody website. <br><br>
That's what makes comments about the "propaganda media" all the more ridiculous. To his credit, and refreshingly for a politician, Corbyn is completely open about his bat shit crazy policies. -
<blockquote class="ipsBlockquote" data-author="Tim" data-cid="515580" data-time="1442180840">
<div>
<p>Please post it! :-)</p>
</div>
</blockquote>
<p> </p>
<p>My guess is it will not be posted. Or will be so long no one will read it</p>
<p> </p>
<p>QE is an asset swap. QE for the people just means using BoE reserves to fund a deficit instead of Govt bonds. There is no reason at all why this can not be done except for self imposed rules to prevent it i.e. at present Govt like the UK are required to drain reserves to cover spending by either taxes, selling Govt assets or selling bonds.</p>
<p> </p>
<p>But this rule is got around by doing QE. That is swapping / using BoE reserves to buy back previously issued bonds. The result of this is exactly the same as using reserves to fund deficit spending.</p>
<p> </p>
<p>So it can and is being done right now.</p> -
<blockquote class="ipsBlockquote" data-author="Rancid Schnitzel" data-cid="515584" data-time="1442183081"><p>Its on his own bloody website. <br>
That's what makes comments about the "propaganda media" all the more ridiculous. To his credit, and refreshingly for a politician, Corbyn is completely open about his bat shit crazy policies.</p></blockquote>
<br>
The greens posted a report by an economist about their policies , he said they were doable but did not take into account the flight of capital from nz if they were to ever get into power. If Corbyn got in the money would flow out of the Uk at a great rate of knots and he'd have to start printing money I guess, he wouldn't be able to pay for his lunatic ideas. -
<blockquote class="ipsBlockquote" data-author="Kirwan" data-cid="515578" data-time="1442180405">
<div>
<p>Winger doesn't strike me as a young guy, I thought people were supposed to grow out of socialist fantasies. </p>
<p> </p>
<p><span style="color:rgb(51,51,51);font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;">“If a man is not a socialist by the time he is 20, he has no heart. If he is not a conservative by the time he is 40, he has no brain.â€</span></p>
</div>
</blockquote>
<p> </p>
<p>So what have we got now. Govt spending of around 40% of GNP. The US Govt some years running a $1 trillion deficit. QE worth trillions of $ ETC</p>
<p> </p>
<p>Govt already has a massive influence in our life's and the economy.</p>
<p> </p>
<p>Our NET saving today come 100% from Govt debt. As do a large % of company profits (Govt debt increases flow directly into company profits or non company savings)</p>
<p> </p>
<p>We can continue to life in a make pretend neo-liberal world (where so far the rich have grown richer and the poor poorer) or accept the role and important that the Govt has in our life's. Or we all pay the price with future suffering and a totally unneccesssary depression.</p>
British Politics