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Post by Nobbygas on Aug 27, 2024 16:17:05 GMT
So, how does a one-off sale of an asset fund the year-on-year spending commitment? I can't believe you are even attempting to defend the sale off of the Gold. I'm sure you felt equally appalled at the sell offs of BT, British Gas, British Rail, British Airways and many more. Oh hang on. The Tories sold those so it's a fundamentally sound way to generate money. I don't believe in nationalization, full stop. However, you are mixing up the selling off of nationalized industries against the sale off of Gold. They are totally different. Name one successful company/business that has been ran by any government because the list of failures is huge ! The selling off of nationalized companies was not about 'making money' it was more to do with saving the taxpayers from having to constantly cover the losses of these companies. Economic fact. No nation state ever sells off it's Gold Reserves. Maybe you can answer the question as to how a one-off sale of an asset will fund the year-on-year spending commitments, as Oldie seems to be claiming.
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Post by francegas on Aug 27, 2024 16:32:23 GMT
So, how does a one-off sale of an asset fund the year-on-year spending commitment? I can't believe you are even attempting to defend the sale off of the Gold. I'm sure you felt equally appalled at the sell offs of BT, British Gas, British Rail, British Airways and many more. Oh hang on. The Tories sold those so it's a fundamentally sound way to generate money. Ah yes all those profitable companies. British Rail who never/rarely reported a profit in its existence. British Airways who after privatisation during the 1990s became the worlds most profitable airline. I'll let you Google the others to compare before and after privatisation. Surprised you haven't mentioned that other very "profitable" company that Maggie closed so many of?, that being British Coal!
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aghast
David Williams
Joined: May 2014
Posts: 608
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Post by aghast on Aug 27, 2024 16:41:50 GMT
Probably better to let Oldie answer, but nobody ever claimed the sale of an asset is intended to fund expenditure for eternity.
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Post by francegas on Aug 27, 2024 16:47:24 GMT
Ministry of Justice has said there are only 100 spaces left in male prisons in England and Wales. Where are they going put all those 349 who were arrested at the Notting Hill Carnival?
No doubt let violent criminals, sex offenders, rapists etc out to make room. No mention of female prisons, I suppose those criminals could always claim they identify as a women and be sent to a female prison. That could work as Starmer doesn't know what a woman is!
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trymer
Joined: November 2018
Posts: 2,285
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Post by trymer on Aug 27, 2024 18:22:47 GMT
Ministry of Justice has said there are only 100 spaces left in male prisons in England and Wales. Where are they going put all those 349 who were arrested at the Notting Hill Carnival? No doubt let violent criminals, sex offenders, rapists etc out to make room. No mention of female prisons, I suppose those criminals could always claim they identify as a women and be sent to a female prison. That could work as Starmer doesn't know what a woman is! They can use Police cells to lock prisoners up and move them into prisons as spaces become available,a few days in a Police cell and they will be climbing the walls.
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trymer
Joined: November 2018
Posts: 2,285
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Post by trymer on Aug 27, 2024 18:28:59 GMT
I'm sure you felt equally appalled at the sell offs of BT, British Gas, British Rail, British Airways and many more. Oh hang on. The Tories sold those so it's a fundamentally sound way to generate money. Economic fact. No nation state ever sells off it's Gold Reserves. Maybe you can answer the question as to how a one-off sale of an asset will fund the year-on-year spending commitments, as Oldie seems to be claiming. A nation selling off its gold is like a person selling their house and using the money to go on a six month luxury cruise,coming home and living in a tent.
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aghast
David Williams
Joined: May 2014
Posts: 608
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Post by aghast on Aug 27, 2024 18:59:27 GMT
Suddenly everyone's an expert in the selling of gold reserves.
🤣
Pity you weren't here to advise Gordon, and Belgium, Canada and the Netherlands, who between them sold three times as much as the UK from 1990.
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Post by baldrick on Aug 27, 2024 22:21:23 GMT
Economic fact. No nation state ever sells off it's Gold Reserves. Maybe you can answer the question as to how a one-off sale of an asset will fund the year-on-year spending commitments, as Oldie seems to be claiming. A nation selling off its gold is like a person selling their house and using the money to go on a six month luxury cruise,coming home and living in a tent. Not really, no. Economic fact? No again. Here's a different point of view. www.fisherinvestments.com/en-us/insights/market-commentary/fools-gold-reviewing-gordon-browns-alleged-mistake
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Post by baldrick on Aug 27, 2024 22:39:46 GMT
Suddenly everyone's an expert in the selling of gold reserves. 🤣 Pity you weren't here to advise Gordon, and Belgium, Canada and the Netherlands, who between them sold three times as much as the UK from 1990. Maybe you can remind me? Those North Sea oil and gas licences that the Conservatives were granting earlier, was it going into any form of sovereign wealth fund or ring fenced to lower UK prices, or even help with energy security? Or was it being flogged off on the open market, potentially anywhere in the world?
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bluetornados
Predictions League
Joined: June 2014
Posts: 14,789
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Post by bluetornados on Aug 28, 2024 7:48:04 GMT
Starmer wants to 'reset relationship with Europe' in Berlin talks..by by Owen Amos, with Henry Zeffman reporting from Berlinichef.bbci.co.uk/ace/standard/1024/cpsprodpb/f9cb/live/6edef790-6506-11ef-b43e-6916dcba5cbf.jpgPrime Minister Keir Starmer is in Germany, as he aims to "reset" the UK's relationship with Europe He will meet German Chancellor Olaf Scholz this morning, before talks with French President Emmanuel Macron on Thursday Starmer says it's a "once-in-a-generation opportunity to reset our relationship with Europe" "We must turn a corner on Brexit and fix the broken relationships left behind by the previous government," he adds The UK is working on a new partnership with Germany, which should be agreed next year
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bluetornados
Predictions League
Joined: June 2014
Posts: 14,789
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Post by bluetornados on Aug 28, 2024 7:49:33 GMT
Keir Starmer to express sympathy after Solingen attack..
During his visit, Keir Starmer will repeat his condolences to the German people following the attack in Solingen on Friday, in which three people were killed.
The suspect is a 26-year-old man from Syria who came to Germany as an asylum seeker, but whose application for asylum was rejected.
He is accused of links to the Islamic State group.
"This was terrorism, terrorism against us all," Scholz said during a visit to Solingen on Monday.
The attack has intensified the debate in Germany about migration policy.
Scholz says his government will do "everything we can to ensure that those who cannot and should not stay here in Germany are repatriated and deported".
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Post by Nobbygas on Aug 28, 2024 7:54:03 GMT
Suddenly everyone's an expert in the selling of gold reserves. 🤣 Pity you weren't here to advise Gordon, and Belgium, Canada and the Netherlands, who between them sold three times as much as the UK from 1990. Maybe you can remind me? Those North Sea oil and gas licences that the Conservatives were granting earlier, was it going into any form of sovereign wealth fund or ring fenced to lower UK prices, or even help with energy security? Or was it being flogged off on the open market, potentially anywhere in the world? A Sovereign Wealth Fund should have been set up in the 1970's. Too late for that now. The UK will still need power, either gas or oil, which currently comes from the North Sea. When that stops the UK will need to import that power. This government are destroying any hope at energy security by the withdraw of licences in the North Sea. I am still waiting for someone to explain just how this new company GB Energy (or whatever it's called) is going to work. Does anyone really think a government run company is going to buck the market and deliver cheaper energy than at present? "The government has started hiring on LinkedIn for state energy investment vehicle GB Energy through DESNZ. So far thirteen mid-level positions are being advertised, all for £52,985 and spread across London, Aberdeen, Birmingham, Cardiff, Darlington, Edinburgh and Salford. £688,805 in taxpayer-funded salaries up for grabs… All the job adverts say GB Energy only wants its progenitor staff in the office 40-60% of the times and offers “a variety of flexible working options” which includes working from home. On top of that comes a neat £14,305 towards being a member of the Civil Service Defined Benefit Pension scheme. Meanwhile – up go the energy bills… William Yarwood, media campaign manager of the TaxPayers’ Alliance, sounds a warning note: “GB Energy has barely started walking and the civil service is already hiring copious carers to babysit it while it teeths. The government needs to make sure that GB Energy does not turn into a taxpayer funded jolly for busy body bureaucrats.” Interviews take place on the 16th of next month over Microsoft Teams."
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Post by baldrick on Aug 28, 2024 11:06:43 GMT
Maybe you can remind me? Those North Sea oil and gas licences that the Conservatives were granting earlier, was it going into any form of sovereign wealth fund or ring fenced to lower UK prices, or even help with energy security? Or was it being flogged off on the open market, potentially anywhere in the world? A Sovereign Wealth Fund should have been set up in the 1970's. Too late for that now. The UK will still need power, either gas or oil, which currently comes from the North Sea. When that stops the UK will need to import that power. This government are destroying any hope at energy security by the withdraw of licences in the North Sea. I am still waiting for someone to explain just how this new company GB Energy (or whatever it's called) is going to work. Does anyone really think a government run company is going to buck the market and deliver cheaper energy than at present? "The government has started hiring on LinkedIn for state energy investment vehicle GB Energy through DESNZ. So far thirteen mid-level positions are being advertised, all for £52,985 and spread across London, Aberdeen, Birmingham, Cardiff, Darlington, Edinburgh and Salford. £688,805 in taxpayer-funded salaries up for grabs… All the job adverts say GB Energy only wants its progenitor staff in the office 40-60% of the times and offers “a variety of flexible working options” which includes working from home. On top of that comes a neat £14,305 towards being a member of the Civil Service Defined Benefit Pension scheme. Meanwhile – up go the energy bills… William Yarwood, media campaign manager of the TaxPayers’ Alliance, sounds a warning note: “GB Energy has barely started walking and the civil service is already hiring copious carers to babysit it while it teeths. The government needs to make sure that GB Energy does not turn into a taxpayer funded jolly for busy body bureaucrats.” Interviews take place on the 16th of next month over Microsoft Teams." It's wouldn't have been energy security, that and the fact we are giving up a valuable asset (qv your comments regarding gold) was my point.
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Post by baldrick on Aug 28, 2024 15:10:59 GMT
Just a simple answer as I don't really want to get into tit for tat rumours/worst case scenarios or reopen old debates, but I'm interested in views.
Would anyone object to a UK/EU youth mobility scheme?
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oldie
Joined: September 2021
Posts: 6,539
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Post by oldie on Aug 28, 2024 16:40:15 GMT
Just a simple answer as I don't really want to get into tit for tat rumours/worst case scenarios or reopen old debates, but I'm interested in views. Would anyone object to a UK/EU youth mobility scheme? Not me Only the ideologically hamstrung could actually object to this.
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Post by Nobbygas on Aug 28, 2024 18:26:03 GMT
Just a simple answer as I don't really want to get into tit for tat rumours/worst case scenarios or reopen old debates, but I'm interested in views. Would anyone object to a UK/EU youth mobility scheme? Just what is a 'Youth mobility scheme'? Need more details. At the moment there is nothing stopping 'youths' from travelling and working in Germany.
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Post by Nobbygas on Aug 28, 2024 18:27:41 GMT
Just a simple answer as I don't really want to get into tit for tat rumours/worst case scenarios or reopen old debates, but I'm interested in views. Would anyone object to a UK/EU youth mobility scheme? Not me Only the ideologically hamstrung could actually object to this. The 'Ideologically hamstrung' would need more details before agreeing with anything. To use language like that is pretty immature.
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oldie
Joined: September 2021
Posts: 6,539
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Post by oldie on Aug 28, 2024 18:35:12 GMT
Not me Only the ideologically hamstrung could actually object to this. The 'Ideologically hamstrung' would need more details before agreeing with anything. To use language like that is pretty immature. As you point out regularly in your opinion posts. But that opinion doesn't change the fundamentals and it is the lack of recognition of those fundamentals that indicates (let's change the description) a sclerotic thought process
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Post by baldrick on Aug 28, 2024 18:56:31 GMT
Just a simple answer as I don't really want to get into tit for tat rumours/worst case scenarios or reopen old debates, but I'm interested in views. Would anyone object to a UK/EU youth mobility scheme? Just what is a 'Youth mobility scheme'? Need more details. At the moment there is nothing stopping 'youths' from travelling and working in Germany. Similar to that with Australia.
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Post by Nobbygas on Aug 28, 2024 20:46:12 GMT
Just what is a 'Youth mobility scheme'? Need more details. At the moment there is nothing stopping 'youths' from travelling and working in Germany. Similar to that with Australia. Do you know the details, or are you just guessing?
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