LEAVE the Conservative Party and save your country!

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  • rick_chasey
    rick_chasey Posts: 75,661

    I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
  • rjsterry
    rjsterry Posts: 29,553

    I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    Quite.

    Are you all on the juice this afternoon?
    1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
    Pinnacle Monzonite

    Part of the anti-growth coalition
  • I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    even I accept there needs to be taxation
  • rick_chasey
    rick_chasey Posts: 75,661

    I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    even I accept there needs to be taxation
    Not sure price fixing or equivalent is the right way to incentivise lower margins.
  • I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    even I accept there needs to be taxation
    Not sure price fixing or equivalent is the right way to incentivise lower margins.
    Not price fixing.

    In my head as the price of oil crude oil goes down then North Sea taxes decrease as does the price at the pump. This allows you to put up duty so the price the punter pays stays more or less the same.
  • rick_chasey
    rick_chasey Posts: 75,661
    edited October 2023

    I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    even I accept there needs to be taxation
    Not sure price fixing or equivalent is the right way to incentivise lower margins.
    Not price fixing.

    In my head as the price of oil crude oil goes down then North Sea taxes decrease as does the price at the pump. This allows you to put up duty so the price the punter pays stays more or less the same.
    Yeah so you're anchoring the price somewhere. Where you gonna set it? $60 per barrel?

  • TheBigBean
    TheBigBean Posts: 21,915

    I like the idea of varying fuel duty based on the oil price.

    agreed, it would be a terrific hedge
    Thought you were a fan of the free market?
    even I accept there needs to be taxation
    Not sure price fixing or equivalent is the right way to incentivise lower margins.
    Not price fixing.

    In my head as the price of oil crude oil goes down then North Sea taxes decrease as does the price at the pump. This allows you to put up duty so the price the punter pays stays more or less the same.
    The economy does better with lower oil prices so you can channel your inner Keynes as well.
  • tailwindhome
    tailwindhome Posts: 19,436
    Fucking love this guy


    “New York has the haircuts, London has the trousers, but Belfast has the reason!
  • rjsterry
    rjsterry Posts: 29,553
    So literally all he announced was scrapping HS2.

    Did someone convince him that nobody would notice?
    1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
    Pinnacle Monzonite

    Part of the anti-growth coalition
  • Jezyboy
    Jezyboy Posts: 3,605
    Given my wife has been quite chipper as one of the projects they announced was the reopening of a local train line, it gives me great joy that my initial skepticism was the correct reaction.
  • tailwindhome
    tailwindhome Posts: 19,436
    rjsterry said:

    So literally all he announced was scrapping HS2.

    Did someone convince him that nobody would notice?

    I think my favourite bit was the challenge to Labour to say which of these projects they weren't going to do.
    “New York has the haircuts, London has the trousers, but Belfast has the reason!
  • verylonglegs
    verylonglegs Posts: 4,023
    He is just Boris without the buffoonery, endless bare faced lies.
  • rjsterry
    rjsterry Posts: 29,553

    He is just Boris without the buffoonery, endless bare faced lies.

    No, Johnson was much better at it than Sunak.
    1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
    Pinnacle Monzonite

    Part of the anti-growth coalition
  • briantrumpet
    briantrumpet Posts: 20,349
    rjsterry said:

    He is just Boris without the buffoonery, endless bare faced lies.

    No, Johnson was much better at it than Sunak.

    Johnson had perfected the act over several 'seasons' of his show, and knew what he was doing (vide his comment about flooding the zone with shlt, or words to that effect), whereas Sunak's only come to the act late, might actually have started with principles, and is struggling to keep up with his own lies. That was never a problem for the master. Well, not for most of his political career...
  • Pross
    Pross Posts: 43,463
    rjsterry said:

    So literally all he announced was scrapping HS2.

    Did someone convince him that nobody would notice?

    It was taking a long term look and making difficult decisions. However, no-one thought about where the money would be spent instead. They seem to have completely lost the plot.
  • pblakeney
    pblakeney Posts: 27,328
    edited October 2023
    Pross said:

    rjsterry said:

    So literally all he announced was scrapping HS2.

    Did someone convince him that nobody would notice?

    It was taking a long term look and making difficult decisions. However, no-one thought about where the money would be spent instead. They seem to have completely lost the plot.
    So, after taking a long term look and making difficult decisions they made the decision to cancel their decision and decided not to take a long term view? Summat like that?
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • Pross
    Pross Posts: 43,463
    Think so
  • rick_chasey
    rick_chasey Posts: 75,661
    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.
  • briantrumpet
    briantrumpet Posts: 20,349

    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.


    Still can't really work out Sunak's motivation. I think I can work it out for Tory leaders from Thatcher to Truss (however deluded the policies), but Sunak... still nope, at any level. It's not even as if he's any good at it, whatever 'it' is that he thinks he's doing.
  • rick_chasey
    rick_chasey Posts: 75,661

    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.


    Still can't really work out Sunak's motivation. I think I can work it out for Tory leaders from Thatcher to Truss (however deluded the policies), but Sunak... still nope, at any level. It's not even as if he's any good at it, whatever 'it' is that he thinks he's doing.
    He seemed to think Starmer, as a "half decent lawyer" is interested in the ego but Sunak isn't because he doesn't have to work.

    Which makes no sense to me, but then folk in my industry are definitely guilty of deifying rich people.
  • pblakeney
    pblakeney Posts: 27,328

    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.


    Still can't really work out Sunak's motivation. I think I can work it out for Tory leaders from Thatcher to Truss (however deluded the policies), but Sunak... still nope, at any level. It's not even as if he's any good at it, whatever 'it' is that he thinks he's doing.
    How many billionaires can claim to have been Prime minister/President/whatever?
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • TheBigBean
    TheBigBean Posts: 21,915

    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.


    Still can't really work out Sunak's motivation. I think I can work it out for Tory leaders from Thatcher to Truss (however deluded the policies), but Sunak... still nope, at any level. It's not even as if he's any good at it, whatever 'it' is that he thinks he's doing.
    Haven't you seen almost every prime minister desperately trying to cling on to power as they struggle to accept reality?
  • Maybe Sunak's motivation is to prove to himself that he's good at something other than making money. If so, he's surely learnt by now that he should stick to making money, which he seems to have some talent for. He is utterly useless as a politician for "the greater good" (i.e. as a public servant) and in normal times wouldn't be anything more than a junior minister. Though I guess he must be good at internal Tory party politics to get the be Chancellor.
  • rick_chasey
    rick_chasey Posts: 75,661
    edited October 2023
    What makes you think he's good at making money? Unless you mean he's good at marrying billionaire heiresses.
  • First.Aspect
    First.Aspect Posts: 17,167

    What makes you think he's good at making money? Unless you mean he's good at marrying billionaire heiresses.

    Did he not do extremely well as a fund manager?
  • rick_chasey
    rick_chasey Posts: 75,661

    What makes you think he's good at making money? Unless you mean he's good at marrying billionaire heiresses.

    Did he not do extremely well as a fund manager?
    He didn't have the regulatory position to be able to make investments and other risk taking decisions.

    He has no investment track record to speak of. He wasn't a fund manager.

    To my relatively trained eye on this, he knew the right people and went to the right firms to do alright. That's about it.
  • briantrumpet
    briantrumpet Posts: 20,349

    Colleague just said he feels Sunak is doing all of this out of a duty of public service as he doesn't have to work.

    Head-in-hands moment.


    Still can't really work out Sunak's motivation. I think I can work it out for Tory leaders from Thatcher to Truss (however deluded the policies), but Sunak... still nope, at any level. It's not even as if he's any good at it, whatever 'it' is that he thinks he's doing.
    Haven't you seen almost every prime minister desperately trying to cling on to power as they struggle to accept reality?

    Oh, for sure, but all the others seemed to have underlying principles/beliefs (even Truss) that (I think) were the motivation to cling on, however deluded they were. Johnson's belief was in just himself (the political principles didn't matter), but I don't think Sunak is in that league of narcissism.
  • He interned at conservative Central office while at university, so obviously believes in whatever he thinks they stand for. Going from his first political post being elected as mp in 2015 to chancellor in 2020 seems to have seen him promoted way beyond his capabilities though.
  • What makes you think he's good at making money? Unless you mean he's good at marrying billionaire heiresses.

    He earnt shed loads in the City at Goldmans and then at some hedge fund or other. Obviously "City Slicker" levels of wealth are not on a par with billionaire heiresses, but he'd still be richer than mere mortals could contemplate even without Mrs Sunak. I'm not saying getting rich via City Slickerdom is particularly noteworthy - The Saj did the same. And even getting rich via your own company is no guarantee of success in politics, as Zahawi (dis)ably demonstrated.
  • rick_chasey
    rick_chasey Posts: 75,661
    Hunt made a lot more and at least Javid actually built and ran something.

    Sunak isn’t a money maker so much as his education meant he had the network to get a high paying job somewhere.

    Hunt actually built and sold a business.