Excellent work George

[TF_caster robParticipant]

http://www.independent.co.uk/news/uk/politics/public-sector-job-losses-to-hit-600000-by-2016-6269491.html

A bit of a break for those of us tired of carrying them on our backs.

Hope those council non-entities strike for a thousand years.

Do you think you’ll be missed?

[TF_Gary]

Rob, I cannot help but feeling that the pensions argument one would be an easier one for Ministers to win if they set an example by reforming their own gold-plated pension deals.

[TF_caster robParticipant]

600 MPs against 6 million public sector staff.

I’d guess the MPs were more affordable.

[TF_Gary]

True, but I think morally it would help.

From the Daily Mash:

Strikers told to be home in time for Newsround
30-11-11
BRITAIN’S public sector workers have been allowed out on strike today as long as they are home before it gets too dark.

‘Our strike’s got balloons!’
More than two million workers have had some Ready Brek and reluctantly agreed to wear their mittens as their worried parents sent them off on what, for many, will be their first official day of action.

Helen Cook, whose son Julian is a member of Unison, said: “Before he went to bed last night his dad and I helped him with his placard. We wrote ‘ME’ in great big purple letters.

“He’s going to be standing outside the council building. He says he wants to be in charge of the ‘big metal bin with the fire in it’.

“The shop steward is a bit older so me and a few of the other mums have asked him to keep an eye on the little ones.

“As long as he’s home in time for Newsround then at least he won’t be walking home in the dark. And he might even get to see himself on the telly. He wants to be interviewed by that Emily Maitlis.”

Margaret Hollis, whose daughter Nikki is ‘very grouchy’ said: “Her bottom lip starts trembling and then she says ‘mummy, I was promised a lovely thing and now they’re changing everything’.

“I’m happy for her to go on her little strike but I don’t want it to disturb her routine. So, as normal, I’ll drop her off at the council building about nine-ish and pick her up about half-four. And in between times she’ll just be standing around drinking coffee and talking to her friends.

“She goes to a really nice council. As a parent, you do worry about bullying but they have a very thorough disciplinary process which takes 48 weeks and involves hundreds of people.”

She added: “I just want what every parent wants for their child – to see them ponce off to some cottage in Normandy at the age of 53. And if we need to tax rich people a lot more then I really don’t think they will suddenly decide to leave Britain in the way that thousands and thousands and thousands of them did in the 1970s.”

Helen Cook added: “I know at some point I will have to tell him about the ‘real world’ and that if you want something nice then you shouldn’t expect other people to pay for it.

“But he’s only 39.”

[TF_caster robParticipant]

Like that Gary, a bit of fun.

Unfortunately:

http://www.dailymail.co.uk/debate/article-2068847/UK-economy-Regulation-high-taxes-crippling-small-businesses.html

These council idiots are real, and their behaviour is very expensive.

[TF_wightangler]

Your’re correct Rob, our sad tory propagandist,
yes youre right no one will miss tories and their bent corrupt cronies who pass on their offset debt to public using their print media designed for the terminally self-retarded.
That their making a few policy outsource insider quid for their non-dome funders and will make some share price dividends whilst in office must be bonuses paid in deferred shares.
Still nice of them to award some 4,2bn to non-doms for high interest development from public funds and then take a further 5bn from public in 2015 cuts.

Hilarious how Merve King yesterday on tv saying that ‘uk banks had to safeguard equity reserves’ against euro fallout – ie meaning banks should’nt lend(they were’nt -well not to uk medium and small businesses since 2008 as osbourne’s feb. 2011 project merlins failure showed).
Yet last week, the same Mervyn King announced a further £20bn of QE for nominal stated reasons of growth and er loans.
strange that?!!!
and even stranger that this has to be read in conjunction for the latest release from the Bank of International Settlements (the world’s central bank). Before you click this link, get yourself a drink, sit down, hold your breath & count to ten http://www.bis.org/statistics/otcder/dt1920a.pdf Here you’ll see that the total amount outstanding on ‘over the counter’ (read completely unregulated) derivatives stands at $707 trillion dollars. All the cash in the world, piled together is about $65 trillion, less than a tenth of the amount needed to pay off the debts. To further add to the misery, who is going to provide the answer to why the amount of debt has grown $107 trillion in six months?

The UK may only have £190bn tied up in European debt, http://www.thisismoney.co.uk/money/news/article-2068825/British-banks-190bn-tied-debt-ridden-eurozone-countries-warns-Bank-England.html?ito=feeds-newsxml but what about the CDS and private debt exposure http://ftalphaville.ft.com/blog/2011/11/16/750201/the-naked-derivative-exposures-of-banks-to-sovereigns/

This could be as much as £6 trillion. That said, we owe about the same overseas.
consistently saying that cds and bank offset debt continues to massively dwarf actual govt. debt which was made critical by transference of some bank debt in 2008

Debt is going to become expensive, again. As the debt rises so it will become harder to pay off meaning that lenders will be assuming greater risks, & therefore will want greater equity or demand greater interest rates. If the economy grows, the government we see cyclical inflation grow & will increase interest rates. Any, which way now credit will rise, we are in a liquidity trap & there is no easy way out, any bubble will be short-lived.

There is little chance of a bubble anyway, if your constitution is robust, maybe you should have a look at the office for national statistics latest report http://www.ons.gov.uk/ons/dcp171766_244770.pdf

Starting at paragraph 3, “Growth in the third quarter has tended to be concentrated in particular components of each of the three measures, indicating that growth is not broad based. Expenditure growth was focused in government consumption and inventory increases, whilst net exports pulled down growth. Household consumption growth was flat and investment growth was slightly negative”. This translates to if the government hadn’t spent the money, the country would have ground to a halt.

Paragraph 4 is equally conclusive, “In the income measure, much of the strength originated in compensation of employees whilst growth of corporations’ gross operating surplus, which includes private non-financial corporations and financial corporations, was negative”.

Paragraph 6, (construction) is depressing “Growth in the production sector continued to be dragged down by a sustained contraction in the extraction of oil and gas from the North Sea oil fields. Manufacturing growth held up but has been coming down since the start of 2011. Construction growth was -1.9 per cent in September, and -1.8 per cent compared to September a year ago. Weakness in housing construction and maintenance is a key factor holding back construction growth, and reflects the weakness in the wider housing market. Services sector growth continued at 1.2 per cent year on year, but weakened to 0.1 per cent month on month. Growth in the service sector seems to be concentrated in a few components, notably business related professional services and health, whilst financial services dragged down growth in September”.

And finally from the good news quarterly, “The labour market appears to be reflecting the weakness of economic activity more closely now, with unemployment rising and employment levels and rate falling. Wage growth continues to be subdued and well below CPI inflation. The ongoing deterioration in the trade balance, into September, indicates that the positive contribution to GDP growth seen in the first quarter of 2011 has not been sustained, despite the continued weak value of sterling”.

[TF_Dodge]

wightangler ……

Does that mean the tories are a bunch of tossers ?

😀 😀

[TF_caster robParticipant]

wightangler: I haven’t time to read all your links, I work for a living (at the moment), though I’m sure they’re commendable.

One sentence of yours however, stood out like a sore thumb:

Debt is going to become expensive, again.

Good.

If it hadn’t been so cheap for the last fifteen years or so we wouldn’t be in the crap we’re in now.

Remind us who did all the borrowing again, even when government revenue was at its highest?

[TF_caster robParticipant]

Oh dear, not what the Christmas shopping, oops, I mean striking heroes, wanted to hear:

http://blogs.independent.co.uk/2011/12/02/it%e2%80%99s-not-clarkson%e2%80%99s-fault-the-n30-strike-was-a-damp-squib/

Shame on Clarkson.

If he’d kept stumb most people wouldn’t even know there’d been a strike.

NB

Is it over, or still on-going?

[TF_april9092Participant]

If we all remember it was labour who overspent and we have a new government in trying to get the debt under control this has happened all the time.
People seem to forget that most of the labour higher shites are worse than the tories, If everybody had the same work ethic of Skinner the bolsolver beast we would be alright.
I have noticed that Blair has gone all quiet and him and brown plus balls started this mess and are know in hiding.

[TF_herbie]

it really beggars belief how some so called intelligent individuals can be persuaded that what they read in the tory backed and controlled newspapers is actually the truth . according to some 600,000 public sector jobs are to go, do you think they will be cut from the very people the government wormtongue,s say are on gold plated pensions ? or the people who serve your community.
the answer is simple my friends . the cuts will be dinner ladies, cleaners, porters caretakers, dustmen, road sweepers, care workers, teaching assistants, servicemen, average pension at 65 for the above £5,000 pa. paid for in pension contributions that if invested by private fund managers would rise to £5,900. so you see they pay for there pensions in much the same way the private sector do. these are the pensions the tory newspapers tell you we cannot afford. are you really that stupid ????? they are eroding your/our basic living structure in order to be part of a bigger gang called europe which costs us billions a year in entry fee,s alone. that is what we cannot afford. i will assume the people singing with glee at these cuts have yet to reach the age where they need help with basic living needs , and they probably think ” i wont need it”. let me tell you YOU WILL. 😮

a quick picture of what is occurring in one small junior school today.
cleaners cut by 25% standards drop accordingly as heads have to leave parts of the school unclean. dinnerladies cut by 30% that means your children/grandchildren are left unsupervised at playtimes, and we all know where that goes
assistants cut by 40%. these were the people who turned bad children into better children by simple one to one help. not every case was won by believe me a lot were. so now we have kids getting no help at all when they most need it. stupid does not even get close to to describing that fact. so now instead of helping these kids we have abandoned them . left them to make there own way in life , best they can. how is that making a saving ???????. these kids will without help choose the easy option and be lazy useless layabouts who will never contribute to the system , just take. if these assistants saved just 30% then that equates in the long run to massive benefits to society. now you can see that although your wonderful press boys are making you happy by printing what you want to hear , it will eventually mean your standard of life as you know it will drop. a two tier country that will mean in twenty years will be unmanageable. the have,s will have to build enclaves to protect them from the have not,s, and so on . here is one fact you wont read in the independent.
a dinner lady will today retire on a pension of £3,000 pa. under the tory changes that according to the tory press and i include the BBC means she is better off under there new deal, will work 3 rears longer and receive £600 less PA , with increased contributions. WHO DO YOU THINK WILL MAKE UP THE SHORTFALL WHEN SHE RETIRES.
YES THATS RIGHT —-THE TAX PAYERS.

stupid is what stupid does.

postscrip.

and so it begins — 2 tier England.

David Cameron eyes NHS-life sciences partnership
COMMENTS (68)

Private healthcare companies could be given more freedom to run clinical trials inside hospitals
Continue reading the main story
Related Stories
Private firms ‘to share NHS data’
Challenges ahead over free data
The NHS should be “opened up” to private healthcare firms under plans which include sharing anonymous patient data, David Cameron is due to announce.

Patient Concern said it had real concerns about the proposals as the information would include postcodes and age profiles which would be possible to trace back to the individuals concerned.

“The aim is laudable…but the methods, they stink frankly,” Joyce Robins, the organisation’s founder, said. “Our records should not be passed around by the Department of Health as they see fit or sold to private companies without our permission.”

Data should only be made available on the basis of patients’ “informed consent”, she added.

Nick Pickles, of civil liberties group Big Brother Watch, said: “It is for patients, not the government, to decide what happens with their medical information. It appears that commercial interests are being put ahead of patient privacy and that is unacceptabl

the final chapter 😡 😡 well they,ve sold everything else 😡 😡 😡

all your health secrets sold to the highest bidder . insurance for the poor and sick to become impossible.
READ IT AGAIN
Patient Concern said it had real concerns about the proposals as the information would include postcodes and age profiles which would be possible to trace back to the individuals concerned.

Jesus where are we going. WHO WILL STOP THIS RAPE OF THE POOR. not the independent its sold its soul to the tories. MURDOCH MADE SURE OF THAT. do what i say and my media empire will support you whatever the cost. wake up

[TF_Gary]

herbie, what do you make of the numbers below? Note that public expenditure CONTINUES TO INCREASE under the current coalition government’s plans out to 2015 (reaching double 2002 levels). You may wish to reconsider your hyperbolic diatribe.

Year GDP-UK Total Spending-total
1985 361.758 150.90 a
1986 389.149 158.60 a
1987 428.665 164.60 a
1988 478.51 173.60 a
1989 525.274 179.90 a
1990 570.283 200.90 a
1991 598.664 218.20 a
1992 622.08 236.20 a
1993 654.196 259.73 a
1994 692.987 266.67 a
1995 733.266 284.03 a
1996 781.726 304.33 a
1997 830.094 312.39 a
1998 879.102 318.43 a
1999 928.73 328.11 a
2000 976.533 338.07 a
2001 1021.83 362.57 a
2002 1075.56 384.93 a
2003 1139.75 415.21 a
2004 1202.96 451.50 a
2005 1254.06 488.31 a
2006 1325.8 502.56 a
2007 1398.88 543.96 a
2008 1448.39 575.68 a
2009 1395.87 621.51 a
2010 1453.62 660.60 a
2011 1526.5 683.43 a
2012 1602.8 703.38 g
2013 1693.7 722.18 g
2014 1789 740.31 g
2015 1889.1 760.50 g

Legend:
a – actual outturn
e – estimate in HM Treasury 2011 budget
g – “guesstimated” projection by ukpublicspending.co.uk

[TF_JohnH]

Two new pieces of information to add. Lord Hutton this weekend said in an interview that the need for reform was now urgent. His growth projections for the funds are a few years out of date now and clearly wrong. In other words the funding structure is now more perilous than he assumed.
I also note MPS are to contribute more to their schemes, out of salaries of c69k they are to contribute something like 14%.
Still a very good scheme, cant help thinking they would have an easier argument with the unions if they said they would take the same deal.
The argument about benefits for low pension earners is compelling so I am surprised no one has suggested caps for high earners as I do not think anyone would begrudge hard working low paid public sector employees a reasonable pension.

[TF_One Out of the Frame]

“How the West Went Bust” was an excellent documentary available on the BBC iPlayer.

Pretty much levelled the blame on Thatcher and the get rich quick ethos of the early ’80’s then compounded with the commercialism during the ’90’s and over consumption from countries that are producing nothing.

Well worth investing an hour of your time.

[TF_caster robParticipant]

More spite from our state-programmed superannuated ones:

http://www.dailymail.co.uk/debate/article-2070352/Santa-Claus-aint-coming-town-health-safety-monsters-attack-Christmas.html

Ceaucescu would have loved goons like these on his staff.

[Author]

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