Britain never on verge of being bankrupt-OFFICIAL

PhoenixblissPhoenixbliss Posts: 9,478
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http://www.leftfootforward.org/2010/10/former-cabinet-sec-britain-never-on-brink-of-bankruptcy/


Confirms what many of us have been saying about the coalitions propaganda.
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Comments

  • mooxmoox Posts: 18,880
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    Because the "top left wing blog", according to the "totalpolitics blog awards 2010", is not in any way biased or have an interest in a specific party, is it?

    Also, the key person is a current Labour MP. That's strike two.
  • alanr74alanr74 Posts: 4,684
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    Hold the front page

    Phoenixbliss in politically partisan thread!
  • Mr JonMr Jon Posts: 535
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    "Official"

    Ffs... A Labour supporting blog's biased reporting of a Labour parliamentarian's partisan views does not, by any stretch of the imagination, make that view "official".
  • Phil 2804Phil 2804 Posts: 21,846
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    alanr74 wrote: »
    Hold the front page

    Phoenixbliss in politically partisan thread!

    But its the truth. The Tory posters on here can pretend all they want but their party used the bankruptcy word to scare the public into supporting cuts that are largely ideological.

    It was the only way to get the public to support the same economic policy they had rejected 3 elections in a row.

    The country never was anything like in danger of bankruptcy. Bankruptcy comes when you can no longer afford to service your debts. Britain was never in any danger of that. We are not like Greece, we never were like Greece.
  • [Deleted User][Deleted User] Posts: 4,725
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    Of course we was never on the verge of bankruptcy PhoenixBliss, the government had secret plans to conscript the nation and have them go to work as Escorts for the rest of the world to pay of our debts.
  • [Deleted User][Deleted User] Posts: 13,672
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    Of course we was never on the verge of bankruptcy PhoenixBliss, the government had secret plans to conscript the nation and have them go to work as Escorts for the rest of the world to pay of our debts.

    If I'm anything to go by we'd starve! :D
  • PhoenixblissPhoenixbliss Posts: 9,478
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    Its a respected CIVIL SERVANT not a politician making the claim!Read again!
  • [Deleted User][Deleted User] Posts: 4,725
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    Windy999 wrote: »
    If I'm anything to go by we'd starve! :D

    Awwww (((((((((((Windy)))))))))))) :D
  • CythnaCythna Posts: 3,102
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    I've believed this since election night, when I saw well respected economists saying that we were in a bit of trouble, but nothing like Greece, and we still had out triple A rating. Apparently we have about the same percentage of debt to GDP as the US, and they're not going down our route.

    It's very convenient for the coelition to say that Labour spent all the money, but what they largely spent it on was saving the country from the disaster it was facing. There was a point two or three years ago when it looked like we and the rest of the World were facing the biggest crash ever, and the reason we didn't it largely because of Gordon Brown. There was an article in the Wall Street Journal earlier this year by last years Nobel Prize winner for economics, crediting GB with devising the plan that saved the World from Economic disaster! Now it seems as if the government want to undo some of that work.
  • PhoenixblissPhoenixbliss Posts: 9,478
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    Its surprisingly that just because the coalition myth has been repeated so many times its accepted as fact
  • [Deleted User][Deleted User] Posts: 517
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    Am I correct in saying that we're now paying less on our bonds than the Germans? I seem to remember it being the opposite at the election. Every pound less we pay on interest is a pound we can spend on either reducing the deficit or in government itself.

    Government is too big. If it wasn't too big we wouldn't have a deficit but we do so it's too big. And since the Labour leader seems to endorse cuts just not the cuts that are unpopular at the moment, presumably labours cuts would have been nice cuts, you know the ones no one notices... whatever they may be.

    Oh wouldn't it be great to be in power when you could just twiddle your thumbs and throw money at everything. "What's on the schedule today Gorden? Well I thought we'd throw some money at hospitals Tony! Think it will make a difference? Who knows! Let's try it anyway, if we say it will and we throw money at it, should work shouldn't it?"

    Unfortunately we can't keep throwing money at all our problems anymore.
  • rusty123rusty123 Posts: 22,872
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    http://www.leftfootforward.org/2010/10/former-cabinet-sec-britain-never-on-brink-of-bankruptcy/


    Confirms what many of us have been saying about the coalitions propaganda.

    that site must be an offshoot of www.wotutterbollox.com if you believe that!!
  • MajlisMajlis Posts: 31,362
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    Its a respected CIVIL SERVANT not a politician making the claim!Read again!

    so you agree with him when he says that Brown made the bust worse?

    In fact you could easily change the title of thread to:

    "Gordon Brown made the Bust worse - OFFICIAL" :D
  • alanr74alanr74 Posts: 4,684
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    Its surprisingly that just because the coalition myth has been repeated so many times its accepted as fact

    Like the double dip recession thing, labour used every day?
  • RichievillaRichievilla Posts: 6,179
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    As usual with the lying politicians from both sides I suspect the truth lies somewhere in the middle. Imo, Labour made the deficit worse although it was clearly not all their fault but the economy was never as bad as the Tories made out.
    My conclusion.....all politicians are lying, self-serving scumbags!
  • AnnsyreAnnsyre Posts: 109,500
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    http://www.leftfootforward.org/2010/10/former-cabinet-sec-britain-never-on-brink-of-bankruptcy/


    Confirms what many of us have been saying about the coalitions propaganda.

    It confirms nothing of the sort. It is just one of many points of view. That's offical.:rolleyes:
  • Loop o' SoupLoop o' Soup Posts: 417
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    moox wrote: »
    Because the "top left wing blog", according to the "totalpolitics blog awards 2010", is not in any way biased or have an interest in a specific party, is it?

    Also, the key person is a current Labour MP. That's strike two.

    You mean a labour MP who is a born liar, it is the likes of them that make me fear for the future of the party.:mad:
  • [Deleted User][Deleted User] Posts: 2,104
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    Its a respected CIVIL SERVANT not a politician making the claim!Read again!

    I think the ridiculous lies and propaganda of the coalition have finally been laid bare, by someone independent !

    Proves once again that the tories are trying to scare and frighten people in order to be able to carry out their plans for purely ideological reasons.

    I'm not surprised but I was never fooled by the tory scaremongering in the first place...
  • [Deleted User][Deleted User] Posts: 2,104
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    Its surprisingly that just because the coalition myth has been repeated so many times its accepted as fact

    Because the coalition startegy has been, if we keep repeating the same lies again and again and again, then people will eventually accept it as fact.
  • Loop o' SoupLoop o' Soup Posts: 417
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    Phil 2804 wrote: »
    But its the truth. The Tory posters on here can pretend all they want but their party used the bankruptcy word to scare the public into supporting cuts that are largely ideological.

    It was the only way to get the public to support the same economic policy they had rejected 3 elections in a row.

    The country never was anything like in danger of bankruptcy. Bankruptcy comes when you can no longer afford to service your debts. Britain was never in any danger of that. We are not like Greece, we never were like Greece.

    Our MP Shelia Gilmore used exactly the same lies to scare the elderly ect into supporting her, on the doorstep i even heard her say the country was bankrupt and that the nasty party would vote to close our local hospital, all lies because she knew full well the healthcare of scotland is a devolved function.

    We were however very close in my opinion of credit downgrading or even not being able to service our debts if Brown had gained another term.
  • RagnarokRagnarok Posts: 4,655
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    Exactly there Loop o' Soup ( nearly didn't see your post there) , Still doesn't change the fact that our international credit rating is still in the top tier, If Labour where allowed to carry on the way they where, we could easily be in real danger of that credit rating going south and the national debt suddenly costing an awful lot more and making sorting out this countries debt an awful lot tougher.
  • mooxmoox Posts: 18,880
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    glory1986 wrote: »
    Because the coalition startegy has been, if we keep repeating the same lies again and again and again, then people will eventually accept it as fact.

    Apart from that statement being rather false, it isn't exactly a new idea. Labour were professional liars.
  • Phil 2804Phil 2804 Posts: 21,846
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    Ragnarok wrote: »
    Exactly there Loop o' Soup ( nearly didn't see your post there) , Still doesn't change the fact that our international credit rating is still in the top tier, If Labour where allowed to carry on the way they where, we could easily be in real danger of that credit rating going south and the national debt suddenly costing an awful lot more and making sorting out this countries debt an awful lot tougher.

    Absolute rubbish.

    The Tories used the spectre of Greece to scare the public, nothing more, nothing less. The reality is our economy is far bigger and far stronger and our debt to GDP ratio is equal to and in some cases much less than that of other western nations including, France, Germany, the US and Japan.

    We were never in any danger of a debt crisis. We might however find ourselves in that position if the coalitions cuts cause a second recession and throw their borrowing plans out of the window.

    THEN, we might just be in real trouble,
  • [Deleted User][Deleted User] Posts: 2,104
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    moox wrote: »
    Apart from that statement being rather false, it isn't exactly a new idea. Labour were professional liars.

    Well it's not false.
  • jmclaughjmclaugh Posts: 63,996
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    Majlis wrote: »
    so you agree with him when he says that Brown made the bust worse?

    In fact you could easily change the title of thread to:

    "Gordon Brown made the Bust worse - OFFICIAL" :D

    Yes, funny how the OP ignored that and Brown's infamous claim to have ended boom and bust.

    All politicians over-egg the pudding, some more than others and the coalition have a long way to go to catch up the last government.
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