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downender2

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Posts posted by downender2

  1. how many new permanent jobs would it create? How good an idea is it to build a 42000 seater white elephant in Bristol for probably a max of 4 games of football? Is it a catastrophe to England if Bristol wouldnt host games? (please note - I dont give a fig either way if it's built of not)

     

    no idea, but any is better than none

     

    brilliant idea...population of almost 1 million in the "Greater Bristol area"...any club getting into the prem will sell out stadium this size

     

    yes,it will be a catastrophe...Bristol has nish to shout about at the murment...a legacy of various council's playing petty party politics and managing to :censored: up every major decision over the past 25 years..the stadium will be the catalyst for more investement into the area

     

    and FTR...I do give a fig if its built or not

     

    (side note...City getting relegated this season wouldn't be too clever mind... :unsure: )

  2. Sorry, time to wade in. I'd like to firmly put myself in the blue corner for this debate.

     

    What always surprises me in a debate like this is actually people see the CSR from yesterday through the eyes of the media. For example, if you were to believe the media,m SDSR is all about buying ships with no aircraft. If you read the National Security Strategy (available online) and the follow it up with SDSR (also available online) its a fairly complete piece of work. The CSR is similar.

     

    The Guardian today suggests the Axe fall on the Poor, whilst the Telegraph suggests that Middle Incomes are footing the bill. To blame either or is too simplistic. Benjamin Disraeli once described "Lies, damn lies and statistics". Principally:

     

    If you look at spending cust in isolation, the poor are impacted worst as their real spending power will decrease;If you look at all measures together, the rich are worse off;If you look at the loss of what people take out of the state as a proportion of what they currently take out of the state, the rich are unequivocally worse off.

     

    Therefore, in many ways this thread is pointless. Many on it are debating about parlance within their reference window. They are not actually debating about specifics and what they feel is fair or unfair.

     

    For a little bit of clarity, there is an excellent explanation of this on the Telegraph website.

     

    http://blogs.telegraph.co.uk/finance/ianmc...lained-in-beer/

     

    Please read it. Don't dismiss it as Torygraph bollocks. It makes an excellent point.

     

    My second point from what I have seen regards national debt. Whilst, the risk of default is low in the UK, the risk of downgrading the credit rating is not. The triple A credit rating we receive from rating agencies is what allows us to keep actual borrowing rates (for Government) close to the Bank of England base rate. One of the reasons for the divergence of these two rates is the risk of a downgrade to the credit rating. Should this downgrade happen, this divergence would increase making the financing of the debt ever more expensive. Currently, the UK spends £120m on debt interest every single day. Just take a moment to think about what that means. It's a huge sum of money and needs to be reduced. People seem to think that these cuts arent necessary because we can afford to borrow. That is, in some instances true. However, this borrowing is currently funding both operational expenditure and capital expenditure (RDel / CDel for those who work in Government). Borrowing to fund your operational expenditure (wages etc) is criminal. It essentially means that, unaddressed, you are in a viscious cycle of debt and that this could spiral. The cuts are needed to bring spending in line with income to prevent more borrowing, not just to pay the debt off. We are a long long way from this!!

     

    I'm am not going to comment on the 'blame the bankers' sentiment in this thread. Bankers are the 21st century Jew. It's that straight forward. It's easy to blame them. They helped pereptuate the symptoms, they are not the root cause. Deep down everyone knows it, however, blaming the bankers is easy and fairly populist.

     

    Finally, did anyone see Red Ed's ridiculous performance in PMQs yesterday and then the performance of the Chief Secretary to the Treasury on Newsnight? They look so naive it's untrue. Red Ed continuing down the line of will you change if circumstances change. Of course they will. However, they cannot say this as the cuts are as much about having credibility in the markets as they are about balancing the books. It really was a pathetic performance. For the shadow Chief Secretary to the Treasury to go on Newsnight and continually suggest that she still needs to read CSR is again crazy. Thank you Unions, you guaranteed a further 5 years of Tory rule at your own conference....

     

    They helped pereptuate the symptoms, they are not the root cause

     

    what/who was then....the "crooks" at the top most seem to either still be there or have been ushered out on a nice Golden handshake and pension...

    :angry:

  3. Where is it you live then? Well done on contradicting yourself. "I'm allright Jack" has always been the attitude of the Tories. Do you seriously believe that the Tories care about what happens in the North of England?

     

    In fact, the cuts have been made through ideology, not through good sense. The cheers in parliament when Osbourne (himself a multi-millionaire) announced job cut after job cut and the decimation of our services spoke volumes. The Tories have got what they have always wanted in their battle against the poor, and washed their hands of the underprivileged altogether.

     

    Its the sheer incompetence though that is most frustrating; why scrap the Nimrod project; this project is 11/12 of the way through. Why scrap this now? The savings pale into insignificance when compared to the amount already spent. You can guarantee that if the jobs effected were in London or the South East, not in Oldham and Woodford, then these cuts would not have happened. Aside from the fact that my Dad will lose his job in the next few weeks.

     

    Fair enough, London, the south and south east will get away pretty much free. Up here, things are a lot more difficult and we will see real civil unrest. I'm allright though Jack eh?

     

    we will see real civil unrest

     

    I very much doubt it....we can only hope... :blink:

  4. Before the banking crisis, there was no bender. Britain had the second lowest debt in the G7. The banks are responsible for the mess, not the Government. I've said it before and no one's challenged it, so I'll say it again. The debt crisis is not a crisis until there is a risk of default, which there isn't. UK bonds are fine. No trouble borrowing at all, and no real prospect of trouble.

     

    I haven't read much about the actual cuts, but I gather that 500,000 or so public sector workers are to lose their jobs. Apparently the private sector will take these people on, just like that. My question is this: what if the private sector does not meet that objective? Whom do we hold accountable in that situation?

     

    There's another democratic problem. The Tories have announced the cuts, but they're leaving it to each public sector employer to work out the implications - meaning to deciding whom to sack. They're against quangos on the basis that they're unelected bureaucrats - exactly the type of people who must now make the big decisions.

     

    Osborne is clearly the Cat-in-the-Bin Chancellor.

     

    spot on...(I should read the whole thread before posting :huh: )

  5. It’s the hangover after a 13 year bender, there’s no way to make it painless. Hopefully they can actually deliver on the plans, another two or three Parliaments of that and the country might actually be getting into decent shape

     

    It’s the hangover after a 13 year bender and lets not forget the repercusions of the breakdown of the banking system due to the greed of those involved at the top of this "crooked profession"

     

     

  6. Plenty of local non league sides left Fleetwood be nice.

     

    http://news.bbc.co.uk/sport1/hi/foot...up/9079168.stm

     

     

     

    FA Cup fourth qualifying round draw:

     

    Lincoln Moorlands Railway/Mossley v Darlington

    Sheffield/Frickley Athletic v Radcliffe Olympic/Tipton Town

    Guiseley v Redditch United

    Fleetwood Town v Buxton/AFC Telford United

    Altrincham v Gateshead

    North Ferriby United/Vauxhall Motors v Newcastle Town

    FC United of Manchester v Barrow

    Workington v Nuneaton Town

    Tamworth v Grimsby Town

    Kidderminster Harriers v York City

    FC Halifax Town v Mansfield Town

    Wrexham v Southport

    Stalybridge Celtic v Eastwood Town

    Droylsden v Solihull Moors/Barwell

    Brentwood Town/Woking v Eastleigh

    Hythe Town v Bury Town/Staines Town

    Eastbourne Borough v Harrow Borough

    Cambridge United v Lewes

    Corby Town v Salisbury City

    Newport County v Crawley Town

    Luton Town v St Albans City/Kingstonian

    Farnborough v Dover Athletic

    Kettering Town v Rushden & Diamonds

    Carshalton Athletic v Chelmsford City/Bromley

    Hendon v Metropolitan Police/Wealdstone

    Leiston v Canvey Island/Dartford

    Basingstoke Town v AFC Wimbledon

    Swindon Supermarine v Bath City

    Havant & Waterlooville v Histon

    Forest Green Rovers v Maidenhead United

    Poole Town v Hayes & Yeading United

    Ebbsfleet United v Boreham Wood

     

    Swindon Supermarine v Bath City winner of this tie please... :grin:

     

     

  7. I'm okay. It clearly came across as a dig, but I've always rated Cantona and I thought it was a bit daft to suggest he was rubbish. Thanks for the nod opinions4u. Not looking for a scrap on here! All for one and all that. Sorry to all.

     

    bit late for sorries....DS is crestfallen... :shock:

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