You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
Surprised to note that this thread took a 5 month hiatus, during which (a small part of, admittedly) Truss was PM.
Same.
I'm honestly flummoxed.
The coke I can deal with but this didn't even get opened whilst she was (albeit briefly) PM? Really?
I did open it, but I didn't see any posts from you so I closed it again.
Apparently her first external meeting as PM was with Rupert Murdoch. It’s just never ending.
She simply ran out of time.
That suggests that given more time she could have gone on to do great things... Hahaha!
When it comes to cocaine their snout is very much
on the same occasional table top or toilet cistern lid. FTFY
I think we can all agree that in this time of national crisis we need a strong and competent leader to return and steer us back onto the right course.
She was obviously not up to the job before - I can only assume she thinks that she can use ChatGPT to wing it.
Anyway, I'm ahead of her:
Please write a short speech that could be given by a British Prime Minister about the following policies:
- economic growth
- freedom
- lettuces.
Ladies and Gentlemen,
It is a great honor to stand here today to talk about the policies that will guide our country towards a brighter future. We must strive for economic growth, to ensure that our businesses are thriving and our citizens have access to good jobs and a strong standard of living.
At the same time, we must never compromise on our commitment to freedom. The United Kingdom has always been a beacon of liberty, and we must continue to defend the rights and freedoms of all our citizens. Whether it is the freedom to express ourselves, the freedom to worship as we choose, or the freedom to live our lives as we see fit, these principles are the foundation of our great nation.
And finally, let me say a few words about one of our most important exports: lettuces. I am proud to announce that our government will be investing in the latest technology and research to ensure that we continue to lead the world in the production of this vital crop. Not only does this provide a boost to our economy, but it also helps to ensure that people around the world have access to nutritious, healthy food.
In conclusion, let us strive together towards a brighter future, based on economic growth, freedom, and the production of the finest lettuces in the world. Thank you.
ChatGPT has nailed it.
ChatGPT has nailed it.
Ot, sorry. It really wrote that? I've been breathing hearing chatter about it but not played much attention. Impressive and scary!
There is not enough air in my lungs for the amount of laughing I need to do at the thought of Liz Truss honestly thinking that she is up to the job. Deluded.
I just saw this headline and was a bit baffled. If she's not getting a cabinet job then presumably she's just going to be sat on the back benches. Is that a return to the frontline? Surely she's not going to start banging on about growing pies again.
We can all laugh at Truss… but I bet it’s champagne lunches whenever she meets up with the guys and girls back at Shell.
Aye, it's funny that I now associate shell with murder, pollution and employing Liz Truss and thinking they are all equally hideous business decisions.
Let's see if the tories can decry the profits...
This does set up the potential entertainment/nightmare of the next Tory leadership campaign being a run off between Johnson and Truss.
I noticed a couple of days ago several press sources hostile to the Tory Party suggesting that Liz Truss isn't yet finished politically. I don't know if it's designed to scare voters.
IMO Truss achieved the remarkable feat of destroying any credibility and Britannia Unchained agenda might have had in the eyes of some people in just 41 short days. I am not sure what there is left for her to do.
a run off between Johnson and Truss
Giving Tory members the choice between the only two Prime Ministers that they put in place with their votes since…? Ever? They didn’t vote for Major, May or Sunak anyway.
Charlie must be shitting himself given her record.
I work with some folk that have had dealings with Liz Truss previously, prior to becoming PM.
Without exception, the common theme is of a vile, entitled bully.
This gets to the nub of why I hate the current crop of tory tossers so much, epecially Johnson and Truss but also Raab, Shapps, Mogg etc etc Its not just that they screw up so badly as to make life palpably worse for the rest of us but that they think its absolutely fine to come back and have another go...and another till there is nothing left to break. There is so many similarities between this type of behaviour and that of serial killers - the complete inability to understand the consequences of their actions. I still can't believe there are people out there who can't see this and still vote for them.
They're not doing this in isolation. They are surrounded by fawning people, advisors and think tanks that rationalise and justify these policies and make up phrases for them. It is another world in which the likes of us don't really register apart from as periodic vehicles to keep them doing what they do and feeding their insatiable appetites for status, wealth and privilege.
There is so many similarities between this type of behaviour and that of serial killers – the complete inability to understand the consequences of their actions. I still can’t believe there are people out there who can’t see this and still vote for them.
That is probably because not many people see a similarity between Tory Party leaders and serial killers. Me included.
And if they weren't aware of the consequences of their actions they would never win elections, something which they unfortunately do with tedious regularity.
They might be aware of the consequences but I haven't noticed any remorse shown for what they've done to people's lives with the rate of interest, only remorse for having to step back and let someone else have a go. At least she gets £110k pa compo in perpetuity.
https://www.thedailymash.co.uk/politics/liz-truss-planning-shittest-ever-comeback-20230202231151
The title says it all really...
I haven’t noticed any remorse shown for what they’ve done to people’s lives with the rate of interest
I am not sure what rate of interest refers to but yeah politicians generally don't express much remorse. That includes the last Labour government btw - no remorse for pointless wars which cost so many lives that no one can come up with a definitive figure.
I'm not sure how Tony Blair's lack of remorse compares with that of a serial killer though.
Kwarteng and Truss's madhouse proposals destabilised the bond markets and the BoE stepped in and raised the interest rates (and again today) so borrowing has become more expensive and some mortgages have gone up massively and many landlords followed suit by raising rents. Markets innit. They now report inflation using the CPI which doesn't include mortgage interest repayments, unlike the old RPI, so these poor souls' woes don't even get reported and people are told inflation is lower than it is.
It's re-arranging deckchairs on the Titanic.
I thought it was funny and shows how far a political party has sunk to even countenance bring back such abjectly poor leader(s). But I remembered that this is the ruling party and it probably reflects more how far we as country have sunk that politicians think this is acceptable.
This country is on its knees and unfortunately we're on the wrong side of the the majority of us are not willing participants in what is happening.
the BoE stepped in and raised the interest rates
Ah, you did mean interest rates as in interest rates. I wasn't sure as it seems a slightly peculiar thing to highlight their lack of remorse over.
But yeah I agree, when did you last hear a politician publicly apologize? It doesn't happen very often.
However lack of contrition isn't something which I think necessarily means that they have a lot of similarities with serial killers.
Most people might associate serial killers with a macabre enjoyment to kill people, rather than an inability to say sorry.
Although obviously it would be nice if they said sorry.
The BoE is getting really good at simply doing its job, raising interest rates, buying bonds. People often think it performs special tasks - these are all within its regular operations as necessary, designed to help big asset holders and let the pensions markets carry on doing their risky hedging / leverage. (The real problem here.)
The markets are a house of cards that sit on a precipice often with too much leverage in the system.
By the way we are now seeing money moving back to the dollar which will weaken the £ as risk-on assets are facing uncertainty again. (There is a lot of liquidity somewhere in the system probably on the sidelines.)
Proof that it's not Truss really, it's simply the way the global markets operate - when their world doesn't get what it wants.
FTSE just made an all time high of 7901. And yet the real economy is in mess.
Maybe, just maybe these stock markets don't accurately reflect the wealth of most folk, and indeed productive capacity.
There's more damage to come from the Tory camp. New money has to be spent from government or the country will just carry on declining. Sunak is likely to be under pressure to offer tax cuts soon. Because it is the only thing Tories try to do. Tax cuts won't work (Unless on lower earners.)
Sunak, Truss or Johnson it will be same end result.
The country is simply in the mess because the UK government is the source of all new net money creation, and neither party has the imagination to spend on a massive scale. They are not limited financially and could do it tomorrow.
Giving public sector workers a big pay rise is the obvious starting point - that would start the economy growing very quickly.
We are going to sit dwindling economically until some numbskull realises this.
The irony is the Tories could fix their own problems very quickly but ideologically believe the private sector generates wealth on its own.
Total bullshit and technically impossible - the private sector simply swills money around that has been spent by government, sometimes into innovation and employment; sometimes into tax havens and profits.
But it never creates it.
Anyway tax cuts offered soon I believe.
FTSE just made an all time high of 7901. And yet the real economy is in mess.
FTSE100 did. It's dominated by energy and financial, either making record profits from the oil price or making huge gains from the market itself.
FTSE250 is 15-20% below its record.
Yeah I meant the 100. Hence the 7901 number.
Quite a few markets just had a good run.
Crypto, gold etc. There is liquidity waiting on the sidelines.
Just the wealthy being wealthy though.
I'm sure you did, didn't mean to be a poke. Just making the point that while energy and banking is clearly doing great, if you look at the 250 which covers a much broader range of industries and excludes the 100.... then it's tanking. You said it doesn't reflect actuality, the 250 demonstrates how much by.
Oh dear
BBC News - Liz Truss returns - and it could be trouble for Rishi Sunak
https://www.bbc.co.uk/news/uk-politics-64523277
That sewer water must taste really good it's the only explanation I can think of as to why they keep diving right back In.
Just f##k off already and work for shell,BP or any other shite bags.
Look at your pension statement if you want to see the impact of Trussenomics - mine’s down 12% in a single year
With johnson and truss both so openly on manoeuvres, sunak is getting double the love.
What a lucky bloke!
Isn’t madness defined as continually making the same mistakes over and over again in the hope that next time it’ll all work out?
I’m sure it’s something like that.
Look at your pension statement if you want to see the impact of Trussenomics – mine’s down 12% in a single year
Yep, but she's not finished with us yet
Hiya,
For those that worked in the telecoms industry liz trussless, being totally crap was nothing new.
My only hope is she sticks to politics, rather than a return to telecoms. Believe you me, she was even worse at some of the companies I worked in...
Clucking useless.
JeZ
Hopefully the infighting from a three way split in the Tories will be another nail in the Tory coffin.
What’s next resurrect Maggie?
It was those notorious commies, the financial markets wot done it
https://twitter.com/PippaCrerar/status/1621983974498226179?t=dnOW3XreVBY1-pno6msHhw&s=19
I can't wait to read the alternative facts from planet truss.
And to think, we bailed out those socialist bankers in 2008. Ungrateful bastards!
I can’t wait to read the alternative facts from planet truss.
"I was an unappreciated genius, way ahead of my time, you/the markets were all too stupid to see that, the woke brigade conspired to bring me down, there were shadowy forces at work..."
Basically it'll read like a spectacularly dim candidate off The Apprentice trying to justify why they shouldn't be fired.
All of the above plus...pork markets!
And cheese.
Will her 'best friend' kamikwaze get a favourable mention?
Is this a type 2 fun thing? Truss was plainly miserable when she was prime minister, I almost felt sorry for her at the end, sitting there surrounded by ruins. Almost. It seemed like nobody had told her she could quit. And Johnson never really looked like he wanted the job once he had it either. But as soon as they're home from their horrible and disastrous for all involved experience they start planning the next one, exactly like me racing.
Johnson never really did the job when he had it.
https://www.bbc.co.uk/news/uk-64527252
Arsonist complains she wasn't allowed to leave the fire burning a bit longer...
Johnson never really did the job when he had it.
Too busy shagging, partying and doing dodgy insider deals. Both him and Truss could always be relied on to turn up for a photo op though
I think we have to be careful here, this isn't about Truss. This is part of the election campaign, trying to paint the idea of the "liberal elite" left wing establishment. For anyone with a single functional brain cell it is clearly the exact opposite of the truth, but it will be a drum that is constantly beat from now until the next election. And it isn't just about increasing the tory votes, it is about shaping labour policies and making them afraid to implement progressive policies.
You would think her 'holiday from reality' might have ended when her policies caused turmoil and she was removed from the job in humiliating circumstances after five minutes. But no, it's all those bloody left wing establishment types like rish! who are the real villains.
Forget "but Corbyn," he didn't get the keys to no. 10, it really should be "but Truss" who did for all of ~7 weeks! 😆
The beeb is reporting her downfall as 'tax cuts' not 'tax cuts for the rich', they are absolutely cuts (or something like that).
Quite, if she had raised the tax allowance to 20k, I suspect the reception would have been a little different.
It's probably because describing corporation tax cut as a tax cut for the rich is not very accurate and could be seen as a politically loaded statement.
Well, you've gotta admit she is sort of correct.
It really is possible to put out a fire by running towards the flames and throwing a can of petrol over it.
Water? Fire Brigade? Common sense, thats for wimps.
Obviously you risk losing your eyebrows and your dignity but hey ho...
This is part of the election campaign, trying to paint the idea of the “liberal elite” left wing establishment.
I can't agree. I think Truss sticking her oar in represents a disaster for the Tories as they attempt to move on from the unprecedented damage her premiership caused them.
The fact that they can't shut her and her supporters up convinces me more than ever that they stand no chance of averting meltdown next general election https://www.bbc.co.uk/news/uk-64527252
She is absolutely right - she was not given a chance to carry out her tax cuts, and she is simply reminding everyone why - they were opposed by the markets, voters, and her own MPs. Plus they were seen by everyone as rewarding the rich during the height of a cost of living crises.
Rishi Sunak really doesn't need Liz Truss to constantly remind voters of that shite.
The deep divisions within the Tory establishment - politicians and press, are being laid bare, thanks to Truss and the Daily Telegraph. The next general election will be one of the most critical in the Tory Party's history, unity will be absolutely critical to the outcome.
The stuff in the Telegrph about 'the left wing economic establishment' is just astonishing.
Am I expecting too much of Telegraph readers not to be equally astonished/ baffled / WTF? at what amounts to little more than word salad? I don't think I am.
Surely after 43 years of neoliberalism, no one thinks of the economic consensus to be anything other than right of centre ?
The Daily Telegraph has changed dramatically in recent years imo. There are times when it appears to make the Daily Mail look moderate.
Well, what other conclusion could you reach?
I often look at the political orthodoxy of the uk Economy and think ‘bloody lefties!’
If only we weren’t burdened with this almost Stalinist state we’d be basking in those sunlit uplands now
Only just been reading what Truss has said.
Absolutely delusional, she's not even in the same universe as most people live.
I wouldn't trust her to manage a kids pocket money.
Still, let's keep reminding voters what an absolute shit show the Tories are.👍
When I saw that Sunday Telegraph headline on Twitter, I thought it was a parody.
It did make me buy a newspaper for the 1st time in years. £3! When did that happen?
Hopefully it will trigger even more Tory infighting.
Hopefully it will trigger even more Tory infighting
It’s going to weirdly compelling watching Liz and Boris’s leadership campaigns in May, when they get rid of Rishi after the local elections
Self-awareness not being something either of them are burdened with
There's a dismal liberal thought process going around that believes having a competent Neoliberal establishment is somehow a good thing.
So when the "Sunak" was appointed as the *sigh* grown up in the room they all thought everything would just tick over nicely.
A competent right-winger is still very dangerous if you're not already doing very well. And further to that I would say you can't really have competent Neoliberalism as it junks most of society for the asset holders. There's nothing competent about it as it serves too few people (unless you've got an extensive portfolio.)
This is the reason Truss is doing the rounds again. She believes her ideology is correct and Sunak is going to dip his toes in.
Truss simply accelerated the things that all Tories want to do. But tax cuts are coming. (They don't need to be funded so let's shut up about that? )
But they do need to be directed at consumers.
I favour spending over tax cuts for sure. Tax cutting is only tinkering with money already spent.
Either way you're getting right-wing free-fall economics.
There's huge debate in the markets currently that things have swung bullish again or whether we're just having a bullish relief in a bearish long term market. Cash is going back to the dollar again which usually means it's time for risk-off. All this is a reaction to interest rates going up or down - and the next six months.
The Fed are not really giving clear signals currently. Everything follows the Fed. I'm guessing in six months the picture will be clearer.
And Marina Purkiss is full of shit.
Truss did not cause the BoE to double interests rates. That's utter centrist vapour.
These centrist comedians are totally clueless as to how finances work.
The BoE (wrongly) is on mandate to aim for 2% inflation. It's doing that by (incorrectly) lifting interest rates, and trying to keep with the Fed. The BoE purchased 20bn of bonds to stabilise the bond market, which helps with interest rates. (I think 65bn was actually set aside.) All entirely normal BoE procedure.
This is not an endorsement of Truss's rogue economic style at all. She was flat out wrong but the commentary afterwards was misinformed bullshit.
Purkiss would be better off attacking the over-leveraged pensions market to fully understand what was going.
I have sympathy with the angst of pretend lefties but they really need to do homework on stuff like this.
Now we have halfwit shapps saying Truss wanting to cut tax would only have worked if the inflation rate were halved. Don't think he's noticed that when she started to cut tax (richest first) the inflation rate was very low compared to now.
But tax cuts are coming. (They don’t need to be funded so let’s shut up about that? )
Sorry if this had been debated before and I’ve missed it and I’m sure there’s sound economic theory behind the claim but what was it about the unfunded tax cuts that made the city soil itself in the autumn?
Or was it something other than the tax cuts in the budget that scared the horses?
To be fair when you lean further right than general pinochet then everyone looks like a left winger.
I think this article is just the tip of the iceberg…
I see what you did there, lettuce have more of your jokes....
Please don't, leaf it out.
No, I'm sure there's some more Little Gems...
No, I’m sure there’s some more Little Gems…
I voted Romaine...
what was it about the unfunded tax cuts that made the city soil itself in the autumn?
Cos I say so
It’s a staggering absence of self-awareness that having driven everyone’s mortgage payments through the roof, shredded their pensions and have the Bank of England bail out your car crash, all through your shear monumental stupidity, you still think anyone wants to hear a ****ing word you’ve got to say
Other than the word ‘sorry’, that is, which is notable by it’s absence
The arrogance and self-entitlement of the woman is off the chart
I am the slaw!
all through your shear monumental stupidity
Yeah but it was due to innocence and idealism binners. Her salad days, as they say.
thestabiliser
Free Member
I am the slaw!
Well done you.👍😁