Independent Leyton Orient Forum

Long slender neck wrote: ↑Tue Oct 29, 2024 8:06 am Isnt this another thing the old get for free anyway?

WilliamTell wrote: ↑Tue Oct 29, 2024 8:52 pm

Long slender neck wrote: ↑Tue Oct 29, 2024 8:06 am Isnt this another thing the old get for free anyway?

As do schoolchildren. Ever been on a bus when the school is emptying? Makes you wonder if the parents are teaching their offspring anything. Wonder if the schools would be interested in footage.

George M wrote: ↑Wed Oct 30, 2024 9:35 am Get prepared for the blackest day in recent history for the UK economy. It will bring more price increases and lower growth. Good luck to all you youngsters

Dunners wrote: ↑Wed Sep 28, 2022 11:49 am So, in summary:

• 80K Tory members have selected Liz Truss, an unremarkable-at-best minister as PM, who has never had the support of the majority of Tory MPs.

• Liz has selected Kwarteng as Chancellor, whose first act is to implement a “mini budget” that had no real electoral mandate.

• The money markets have thought about things and come to the conclusion that there was no evidence or reason to suggest that the government’s plans are viable, feasible or even survivable.

• This has resulted in market turbulence which threatens the financial stability of the UK, to the extent that pension funds could collapse imminently.

• The BoE has had to intervene with ‘temporary’ QE, at a time when we have rampant inflation (which will now just make that worse).

• The taxpayer will have to indemnify the BoE’s intervention.

• We will now almost certainly see carnage in the domestic economy - carnage which the Truss/Kwarteng government has inflicted on us in just three weeks of taking control!

• And apparently, it’s all Labour’s fault.

Gotcha.

Dunners wrote: ↑Wed Oct 30, 2024 9:46 am

George M wrote: ↑Wed Oct 30, 2024 9:35 am Get prepared for the blackest day in recent history for the UK economy. It will bring more price increases and lower growth. Good luck to all you youngsters

Really? Is it going to be worse than 28 September 2022?

Dunners wrote: ↑Wed Sep 28, 2022 11:49 am So, in summary:

• 80K Tory members have selected Liz Truss, an unremarkable-at-best minister as PM, who has never had the support of the majority of Tory MPs.

• Liz has selected Kwarteng as Chancellor, whose first act is to implement a “mini budget” that had no real electoral mandate.

• The money markets have thought about things and come to the conclusion that there was no evidence or reason to suggest that the government’s plans are viable, feasible or even survivable.

• This has resulted in market turbulence which threatens the financial stability of the UK, to the extent that pension funds could collapse imminently.

• The BoE has had to intervene with ‘temporary’ QE, at a time when we have rampant inflation (which will now just make that worse).

• The taxpayer will have to indemnify the BoE’s intervention.

• We will now almost certainly see carnage in the domestic economy - carnage which the Truss/Kwarteng government has inflicted on us in just three weeks of taking control!

• And apparently, it’s all Labour’s fault.

Gotcha.

BoniO wrote: ↑Wed Oct 30, 2024 9:56 am I’m suitably unimpressed by Labour so far but Lord knows they’re out of practice. I’ve never really liked Starmer and he’s done nothing to change my view.
They can only get better I suppose but the budget will harden my view if they don’t close tax loopholes for the rich and make life easier for the poor (fat chance).

George M wrote: ↑Wed Oct 30, 2024 9:55 am

Dunners wrote: ↑Wed Oct 30, 2024 9:46 am

George M wrote: ↑Wed Oct 30, 2024 9:35 am Get prepared for the blackest day in recent history for the UK economy. It will bring more price increases and lower growth. Good luck to all you youngsters

Really? Is it going to be worse than 28 September 2022?

Dunners wrote: ↑Wed Sep 28, 2022 11:49 am So, in summary:

• 80K Tory members have selected Liz Truss, an unremarkable-at-best minister as PM, who has never had the support of the majority of Tory MPs.

• Liz has selected Kwarteng as Chancellor, whose first act is to implement a “mini budget” that had no real electoral mandate.

• The money markets have thought about things and come to the conclusion that there was no evidence or reason to suggest that the government’s plans are viable, feasible or even survivable.

• This has resulted in market turbulence which threatens the financial stability of the UK, to the extent that pension funds could collapse imminently.

• The BoE has had to intervene with ‘temporary’ QE, at a time when we have rampant inflation (which will now just make that worse).

• The taxpayer will have to indemnify the BoE’s intervention.

• We will now almost certainly see carnage in the domestic economy - carnage which the Truss/Kwarteng government has inflicted on us in just three weeks of taking control!

• And apparently, it’s all Labour’s fault.

Gotcha.

No. Sorry , I meant one of the blackest days. Truss was probably the blackest but quickly reversed

Max B Gold wrote: ↑Wed Oct 30, 2024 10:12 am

BoniO wrote: ↑Wed Oct 30, 2024 9:56 am I’m suitably unimpressed by Labour so far but Lord knows they’re out of practice. I’ve never really liked Starmer and he’s done nothing to change my view.
They can only get better I suppose but the budget will harden my view if they don’t close tax loopholes for the rich and make life easier for the poor (fat chance).

A U turn on the £2 bus fare cap would be a start. As a taxi driver I'm arguing against myself here but it's a freekin disgrace they even thought about it in the first place.

Rich Tea Wellin wrote: ↑Wed Oct 30, 2024 10:13 am

George M wrote: ↑Wed Oct 30, 2024 9:55 am

Dunners wrote: ↑Wed Oct 30, 2024 9:46 am

Really? Is it going to be worse than 28 September 2022?

No. Sorry , I meant one of the blackest days. Truss was probably the blackest but quickly reversed

Quickly reversed?

We are still dealing with the fallout and will be for some years. A lot of the decisions today that you seem to have taken issue with already are a direct result of that budget.

Hoover Attack wrote: ↑Wed Oct 30, 2024 4:30 pm Putting VAT on school fees for the poor middle classes, for one.

Dohnut wrote: ↑Thu Oct 31, 2024 2:02 pm Find it funny that most people want to blame the last Government for the issues today, yet quite easily forget the absolute carnage inherited by the Tories following Brown being in charge during the biggest boom/bust in our history. And ignore the impact of Covid and a war in Ukraine that impacted fuel prices.

The Tories need to take responsibility for their mistakes of which there were many. Labour need to own their choices. A Tory budget would have been very different to the Labour one. Down to Labour, no one else. They succeed or fail on what they choose to do.

George M wrote: ↑Wed Oct 30, 2024 5:13 pm

Hoover Attack wrote: ↑Wed Oct 30, 2024 4:30 pm Putting VAT on school fees for the poor middle classes, for one.

Didn’t mention that in my post.

Dohnut wrote: ↑Thu Oct 31, 2024 2:02 pm Find it funny that most people want to blame the last Government for the issues today, yet quite easily forget the absolute carnage inherited by the Tories following Brown being in charge during the biggest boom/bust in our history. And ignore the impact of Covid and a war in Ukraine that impacted fuel prices.

The Tories need to take responsibility for their mistakes of which there were many. Labour need to own their choices. A Tory budget would have been very different to the Labour one. Down to Labour, no one else. They succeed or fail on what they choose to do.

Hoover Attack wrote: ↑Thu Oct 31, 2024 5:48 pm

Dohnut wrote: ↑Thu Oct 31, 2024 2:02 pm Find it funny that most people want to blame the last Government for the issues today, yet quite easily forget the absolute carnage inherited by the Tories following Brown being in charge during the biggest boom/bust in our history. And ignore the impact of Covid and a war in Ukraine that impacted fuel prices.

The Tories need to take responsibility for their mistakes of which there were many. Labour need to own their choices. A Tory budget would have been very different to the Labour one. Down to Labour, no one else. They succeed or fail on what they choose to do.

Going out on a limb here but I’m not actually sure you’re a Labour voter after all…..

Dunners wrote: ↑Thu Oct 31, 2024 5:49 pm

Hoover Attack wrote: ↑Thu Oct 31, 2024 5:48 pm

Dohnut wrote: ↑Thu Oct 31, 2024 2:02 pm Find it funny that most people want to blame the last Government for the issues today, yet quite easily forget the absolute carnage inherited by the Tories following Brown being in charge during the biggest boom/bust in our history. And ignore the impact of Covid and a war in Ukraine that impacted fuel prices.

The Tories need to take responsibility for their mistakes of which there were many. Labour need to own their choices. A Tory budget would have been very different to the Labour one. Down to Labour, no one else. They succeed or fail on what they choose to do.

Going out on a limb here but I’m not actually sure you’re a Labour voter after all…..

Has he claimed to vote Labour previously? He's certainly kept that quiet.

Max B Gold wrote: ↑Thu Oct 31, 2024 6:30 pm

Dunners wrote: ↑Thu Oct 31, 2024 5:49 pm

Hoover Attack wrote: ↑Thu Oct 31, 2024 5:48 pm

Going out on a limb here but I’m not actually sure you’re a Labour voter after all…..

Has he claimed to vote Labour previously? He's certainly kept that quiet.

You both have.

Hoover Attack wrote: ↑Thu Nov 07, 2024 1:38 pm Labour killing businesses and causing inflation https://news.sky.com/story/amp/higher-e ... s-13249773

How can Sainsbury’s expect to be able to absorb this £140m additional cost when they only make - checks notes - £30 billion per year?