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Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.
Better make sure the bunker is stocked up the way things are going.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Mr Goo wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
Diane Abbott as Home Secretary!!!! Just as frightening as JMac in No11.
so scared enough to pack up and leave the country but not scared enough to learn how to spell his name0 -
I cant wait for abbot to be wheeled out at the next election to show us how she has recovered from her last alzheimers display. I am sure she has recovered well. Anyone know what she has got on corbyn to still be on the cabinet?0
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Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.0 -
briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.0 -
Stevo 666 wrote:briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.
I am definitely not a leftie and definitely feel that Boris has made the prospect of JC less scary0 -
Surrey Commuter wrote:Stevo 666 wrote:briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.
I am definitely not a leftie and definitely feel that Boris has made the prospect of JC less scary0 -
The thing to remember is that in 100 years time, a Corbyn Govt will probably be long forgotten. Bojos few weeks in charge and the preceding catastrophe of May and Cameron won't be.Faster than a tent.......0
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Rolf F wrote:The thing to remember is that in 100 years time, a Corbyn Govt will probably be long forgotten. Bojos few weeks in charge and the preceding catastrophe of May and Cameron won't be.
Ah good ol collective memory.
I bet Churchill didn’t reckon on being discussed and referenced more often in the 2010s than in the entirety of his ‘51-55 PM stint.0 -
I think May will be pretty much forgotten, much like Brown. No election win, and nothing actually happened.0
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List of 82 economists write to the FT, saying that the FT's criticism of labour's economic plans are wide of the mark.
Here's the letter
https://www.ft.com/content/6da72060-cfd ... ded7a7fe3f0 -
Surrey Commuter wrote:Stevo 666 wrote:briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.
I am definitely not a leftie and definitely feel that Boris has made the prospect of JC less scaryJeremy Corbyn, the scourge of bankers and avowed opponent of capitalism, is winning support from unexpected new quarters: two of the biggest global banks operating in the City of London are warming to the Labour leader.
Unlikely as it may seem, he is now seen as the lesser of two evils by analysts at Citibank and Deutsche Bank, respectively American and German titans of the financial system.
“Is Corbyn as bad as no-deal? Perhaps no longer,” said Christian Schulz at Citi.
It is not that the financiers favour the opposition leader’s plans for “higher taxes, tighter labour laws, spending increases and the nationalisation of network industries”, but that this may cause less harm than leaving the EU without a deal.
https://www.telegraph.co.uk/business/20 ... apitalist/0 -
Yeah they might change their mind when they read the lunch with the FT with John McDonnell.
Wants to ban all city bonuses.
(Which in reality of course just means really big base salaries but anyway).0 -
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:briantrumpet wrote:Stevo 666 wrote:Ballysmate wrote:Rolf F wrote:Pross wrote:Hearing Corbyn speaking today about the possibility of an election really is depressing. He's said and done nothing of note on Brexit or any other policy since the last GE and suddenly he's back in man of the people campaign mode. How did we end up with this choice as our nation's leader?
"Grandad Jeremy - what did you do during Brexit". "Errrrrrrrr, I gave a couple of speeches and nearly expressed an opinion".
I don't know why people are so scared of him as a PM. He wouldn't actually do anything. We'd have five years of dithering and he'd be gone.
This tw@t at No11 would be more scary.
He's a danger though as he comes across far more professionally than either Boris or Corbyn. He was very calm on Marr this morning and even answered the questions he was asked. If he became Labour leader I think it would be a big danger to the Tories and we could end up in the clutches of a hard left Government.0 -
Pross wrote:He's a danger though as he comes across far more professionally than either Boris or Corbyn. He was very calm on Marr this morning and even answered the questions he was asked. If he became Labour leader I think it would be a big danger to the UK as we could end up in the clutches of a hard left Government."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0
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Surrey Commuter wrote:"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0
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Stevo 666 wrote:
Not really worth that degree of hilarity smiley face simply because you can just substitute any face in there and for all anyone knows it might already be a substitution. Do find insulting the Corbster funny but try to do so via images that are actually witty.
SC did better than me. I thought it was "Take me summer house Jezza ash lane" which makes no sense to me at all.Faster than a tent.......0 -
I have no idea what the song is.
But I guess it took attention away from me highlighting McDonnell’s desire to ban City bonuses so whatever.0 -
Rick Chasey wrote:I have no idea what the song is.
But I guess it took attention away from me highlighting McDonnell’s desire to ban City bonuses so whatever.
Presumably this will just push the money back to salaries as you suggested. I don't see this making much of a dent in levels of inequality. The numbers of people on that kind of money are too small.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Rick Chasey wrote:I have no idea what the song is.
But I guess it took attention away from me highlighting McDonnell’s desire to ban City bonuses so whatever.
Absolutely impossible to achieve.0 -
Rick Chasey wrote:I have no idea what the song is.
But I guess it took attention away from me highlighting McDonnell’s desire to ban City bonuses so whatever."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Rolf F wrote:Stevo 666 wrote:
Not really worth that degree of hilarity smiley face simply because you can just substitute any face in there and for all anyone knows it might already be a substitution. Do find insulting the Corbster funny but try to do so via images that are actually witty.
SC did better than me. I thought it was "Take me summer house Jezza ash lane" which makes no sense to me at all.
If you don't get it, never mind...
[Edit: here's the answer ]
https://youtu.be/1vrEljMfXYo"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Sure, though the suggestion was also to limit pay as multiplies of certain salaries within the firm too.
And it's not just banks Stevo.
The rules around bonuses as a max multiple of the base have definitely put a dampener on pay on the continent. Not massive, but material.
After all, base salary euros are worth more than bonus euros.0 -
Rick Chasey wrote:Sure, though the suggestion was also to limit pay as multiplies of certain salaries within the firm too.
And it's not just banks Stevo.
The rules around bonuses as a max multiple of the base have definitely put a dampener on pay on the continent. Not massive, but material.
After all, base salary euros are worth more than bonus euros.
Agree that a base pay Euro is worth more than a bonus Euro - the former is pensionable for a start.
The multiple of salary point is something I may have to look at among other things as part of the planning I mentioned recently. The other fun one is the Labour idea of giving 10% of the equity of certain companies to 'the workers'."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:Rick Chasey wrote:Sure, though the suggestion was also to limit pay as multiplies of certain salaries within the firm too.
And it's not just banks Stevo.
The rules around bonuses as a max multiple of the base have definitely put a dampener on pay on the continent. Not massive, but material.
After all, base salary euros are worth more than bonus euros.
Agree that a base pay Euro is worth more than a bonus Euro - the former is pensionable for a start.
The multiple of salary point is something I may have to look at among other things as part of the planning I mentioned recently. The other fun one is the Labour idea of giving 10% of the equity of certain companies to 'the workers'.
And to be clear, when I mean the City I guess I mean all of FS, not just banking.0 -
Rick Chasey wrote:Stevo 666 wrote:Rick Chasey wrote:Sure, though the suggestion was also to limit pay as multiplies of certain salaries within the firm too.
And it's not just banks Stevo.
The rules around bonuses as a max multiple of the base have definitely put a dampener on pay on the continent. Not massive, but material.
After all, base salary euros are worth more than bonus euros.
Agree that a base pay Euro is worth more than a bonus Euro - the former is pensionable for a start.
The multiple of salary point is something I may have to look at among other things as part of the planning I mentioned recently. The other fun one is the Labour idea of giving 10% of the equity of certain companies to 'the workers'.
And to be clear, when I mean the City I guess I mean all of FS, not just banking.
- Giving equity to employees should be a matter for companies, not the government.
- Likely unenforceable on overseas owned Groups, partnerships etc. Could be tricky for small private companies and those where the shareholding/balance of control is critical. So inherently unfair for UK listed companies and even Labour privately recognise there is major execution risk involved.
- Probably avoidable for many and likely to drive dysfunctional behaviour such as de-listing or putting an overseas parent company in place etc.
- Unlikely to make workers better off as there can be compensating adjustments elsewhere.
- It's a tax in disguise as any dividends over a certain threshold goes to the government."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:Rick Chasey wrote:Stevo 666 wrote:Rick Chasey wrote:Sure, though the suggestion was also to limit pay as multiplies of certain salaries within the firm too.
And it's not just banks Stevo.
The rules around bonuses as a max multiple of the base have definitely put a dampener on pay on the continent. Not massive, but material.
After all, base salary euros are worth more than bonus euros.
Agree that a base pay Euro is worth more than a bonus Euro - the former is pensionable for a start.
The multiple of salary point is something I may have to look at among other things as part of the planning I mentioned recently. The other fun one is the Labour idea of giving 10% of the equity of certain companies to 'the workers'.
And to be clear, when I mean the City I guess I mean all of FS, not just banking.
- Giving equity to employees should be a matter for companies, not the government.
- Likely unenforceable on overseas owned Groups, partnerships etc. Could be tricky for small private companies and those where the shareholding/balance of control is critical. So inherently unfair for UK listed companies and even Labour privately recognise there is major execution risk involved.
- Probably avoidable for many and likely to drive dysfunctional behaviour such as de-listing or putting an overseas parent company in place etc.
- Unlikely to make workers better off as there can be compensating adjustments elsewhere.
- It's a tax in disguise as any dividends over a certain threshold goes to the government.
OK so point 1) - meh.
point 2) is that not a question of how well the law is constructed?
point 3) yes could be trickier for smaller companies but again, is its effectiveness not in how it's drafted rather than the principle itself?
point 4) again, depends on execution but yes I see your point
point 5) I don't get this; someone somewhere is paying the dividend. Surely spreading it out over the workforce merely reduces the tax bill means less dividend is hitting the threshold?
I think having some kind of representation from the workers on how firms are run is in principle, a good thing. I also see no issue with workers being able to have a say in how the profits of the firm are distributed.0