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Zetectic
Richard J Murphy
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Comments by "Zetectic" (@zetectic7968) on "Richard J Murphy" channel.
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No wonder so many of the orange narcissist's businesses failed. A man so convinced he is right when he is wrong.
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The more I learn about Reeves' decisions the more I believe she is economically illiterate or to paraphrase Oscar Wilde, she knows the price of everything & the value of nothing.
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No money "£22 billion black hole" so we must means-test the WFA but we have found £22 billion to "invest" in the unproven technology of carbon capture rather than better public transport or more charging points for all the electric vehicles we want people to use. Don't worry politicians will chase headlines rather than do the "boring" practical things like insulate homes, make triple glazing mandatory for new homes as well as solar-panels ( can't do that it will make houses unaffordable)
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Look at the labour majorities, make a very low. Many wins only because Tories lost votes to reform
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My parents ran a shop and all the suppliers relied on the business thriving for them to do well. I worked in flat conversions for a while, so all the usual trades: plasterers, plaster-boarders, brickies, chippies, sparks, painters etc. All these used the local shops & cafes, used consumables that meant money spent in the local & national economy. So from less than a dozen needed to do the actual work it had all the deliveries of supplies thus supporting at least 50 people. Reeves looks at spreadsheets & charts & has no comprehension of the real world, as she has always worked in an office.
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Tories removing "barriers to business" and "cutting red-tape". They would rather prosecute "benefits cheats" and carers that have mistakenly not declared a part-time job to "recover" £130 million. While we are at it clamp down on the CI & IOM registering 50 or 60 companies at the same address & using a local as bogus director.
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@Jethro-q6u 🤣🤣🤣🤣🤣That is why 14 years of austerity has made everyone richer than 2008 & that reports of falling living standards is a myth. What an idiotic comment from a new troll account Joined 24 Jul 2024
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I'd argue it is power for power's sake. The label that comes with the job, the status & privilege plus with the case of the Tories what they can do to enrich themselves & their friends. Then after the politics they can say I was an MP or a minister look what I can do for your business &/or boardroom. Politics is not about public service but feeding the ego.
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Labour turned its back on labour & the working man under Blair. No repeal of Thatcher's anti-union legislation, acceptance of privatisation then Brown to get away from the "party of tax & spend" label used PFI. Add to that, because it was popular, the retention of "right to buy". New Labour with its huge majority could have fought the influence of Murdoch but instead had regular meetings with him for advice & placation. Blair's biggest mistake was not enacting electoral reform putting party before country ( better to lose than be part of a coalition) & that is what has enable 14 years of Tory destruction. I fear Starmer will repeat the mistake.
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For about 8 years, back in the day, I invested in a National Savings Yearly Bond. 12 monthly payments but if you left the money in for a 2nd & 3rd year the amount of interest increased to x3. There needs to be government schemes like bonds to raise money for investment from the populace rather than borrowing on the commercial market thus giving profit to banks or hedge funds
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The Guardian has reported that if all the 880,000 pension not currently claiming Pension Credit do so to get WFA then the savings will not be £1.5 billion but closer to only 2-300 million. This decision by Reeves is like a big company cutting the stationery budget.
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@RobinHarris-nf4yv They aren't a party they are a business with Farage as the only shareholder
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Not sure this would work as the problem is two-fold: too many private rental properties; for too long in the past every-time a private landlord increased the rent the housing benefit went up as well( until the Tories stopped this leap frog ). What is needed is a multi-pronged approach. Assess fair rents for an area that is published; stop landlords increasing rents unless the property meets energy efficiency & prompt repair standards, deals properly with vermin infestations etc. Build more social housing (including low-rise blocks of flats & terraced housing) that is not available for "right-to-buy". Lastly end the obsession that home-ownership is the only game in town, that renting is only for the very young (until they get on the property ladder) and losers.
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What country is that, as it says you are in Spain with a British name?
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The flaw in the system of government & governance is perfectly highlighted by how many Ministers & MP find plum jobs as: directors, non-exec's, "consultants" or "advisors" to big businesses once they leave politics where the earn their former salary for 1 day a week or 6 board meetings a year.
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@kevinsyd2012 You have just pointed out that the wealthy can avoid tax but the poor/poorer cannot thus the tax laws are made for the wealthy not the majority.
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Robbing Peter to pay Paul was the saying when I was young. Just shows there is no joined up thinking: it is either incompetence or deliberate, both ways undermine "growth" and improvement that is desperately needed in the NHS & Education.
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Proof? Oh that's right you have none 🤣
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The Tax system is so complicated to make money for lawyers & accountants to enable the rich & big corporations to exploit the loopholes & avoid tax. Meanwhile the average citizen get squeezed for every-drop & punished for mistakes i.e. carers who worked too many hours & are now forced to pay back "over-payments"
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Hierarchies, maybe. It is the class structure: public schools, Oxbridge, inherited wealth. Networks of contacts are formed in higher education & contacts added via "connected" parents. As I was told growing up "Its not what you know but who you know", "The old school tie" and the "Old boy network". Would Sunak be where his is without going to Winchester & being a Goldman Sachs banker? Look at Vennels, out of the Post Office with a dodgy past but with a CBE straight into the Head of a NHS Trust. It didn't hurt being an Anglican minister & having the support of the Archbishop of Canterbury (although she didn't get to be Bishop of London). As Thatcher asked "Is he one of us?"
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@mrradman2986 W⚓
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Not an economist, not studied economics academically but I do know: Austerity failed, Thatcher closing the mines not retraining workers & only paying unemployment has devastated communities for 40 years ( see Turdtowns, County Durham here on YT), that an economy built on The City is one built on sand , that neo-liberal economics (Thatcherism & Reganomics) has failed except to concentrate more wealth in corporations & the top 5-10%, with the cherry on top being Brexit. Add to that the fact that the Treasury is far too powerful in that it overrules & dictates what other dept. must do right up to ministerial level.
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@craigbanks9532 & the record is bad & distorted by the supporters to make it look good.
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You can't handle the truth! 👋
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The flaw in you argument is that Civil Servants do not spend money, it has to be authorised by politicians i.e. Ministers or their department under instruction from the former. Often Ministers overrule Civil Servants advice for political reasons
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Right-wing media will complain that there are too many civil servants/red tape. Starmer is so afraid of them.
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Bad analogy with cataract operations as 90% are already done by the private sector meaning the NHS is losing the skills to be able to do them "in house" in future. The demographic time bomb of an ageing population has been ignored for 40 years. Selling off school playing fields & allowing so many children to opt out of PE & games has led to the obesity crisis. Swimming pools have been closing since the Pandemic. £40 a month to use not all the facilities in my local leisure centre, over 2 miles away, & then the cost of getting there.
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Why don't you tell us about the lizards running the WEF 🤣
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Conspiracy theorist alert. See you doctor & get some more medicine.
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@Steve-gc5nt How has 40 years of privatisations improved the country? Not a very good troll are you when presented with facts.
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@tropics8407 In that case aircraft carriers with no aircraft will not help. Even with aircraft they are a perfect target to be sunk by submarines or missiles therefore white elephants as crew has had to be stripped from frigates & destroyers to man the damned things thus weakening the defence of said carriers (only one of which can be at sea at a time)
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No he wasn't! He couldn't run a bath. A lifelong rebel not a leader.
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The tax system is design to protect the wealthy from paying more tax than the poor & middle-income. We have one of the most complex, complicated tax codes in the Western world so that only the wealthy can afford lawyers & accountants to find & exploit all possible ways of tax evasion. Every MP & member of the HoL should be made to publish their annual tax return
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It wasn't Civil Servants that ordered 2 aircraft carriers with no aircraft. It wasn't Civil Servants that decided to to give PPE contracts to their friends. It wasn't Civil Servants that decided to stop HS2 at Old Oak Common. Too often Ministers overrule the advice given due to personal vanity/arrogance, political advantage. If you want a scapegoat look to The Treasury, far too much power since Thatcher. They block other departments for doing things because they withhold the budget.
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For over 25 years the BBC & others have invited the Tufton Street mafia "independent think-tanks" on to programmes in the name of "balance" wilfully ignoring who funds them & the bias of the message which in part is to undermine or even remove the power of government to control the entities they represent.
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Please present your evidence that they are assertions. Oh? What's that you are a troll with no evidence except make copy & paste from a "debunking" website with opaque funding.
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💯% agree. Thrown "soft power" away rather than tax the rich. Still keeping failed Capita recruiting for the army. Labour make changes at a snail’s pace i.e. trying hard to lose the next GE
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A cynic not a fool. Quote is from Lady Windermere's Fan by Oscar Wilde.
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Carbon capture & storage = 21st Century version of the perpetual motion machine Nuclear: takes 20+ years. Ignores what to do with the waste. Heathrow 3rd runway: again takes too long, sustainable fuel like trying to run a car with a nuclear reactor. We need to return to the 1950's & 60's when air travel was a luxury for the few but that will never happen as no global consensus plus The USA will not built trains/railways & give up flying all over the country. Labour too busy grabbing headlines rather than do "boring, practical stuff"
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Forget mortgage rates (I know they are important to some people), just look how credit card rates have been going up! Most are now 30-40% which is usury. 2 or 3 years ago I could transfer a balance from one card to another for 2-3%, now it has gone up to 5-6% & the 0%rate period has dropped from 2 years/18 months to 1 year or less. Meanwhile banks are making record profits, closing branches, & still paying ridiculous high salaries: that is where the interest is going.
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Troll!
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@glynnwright1699 No, it is leakage rate is still close to 30%
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@garyb455 W⚓
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Foolish troll.
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W⚓
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Blair carried on the policies of the Tories: replace old hospitals with smaller( less beds) new ones because people could recover at home. Along with privatised cleaning contractors this saw the rise of MRSA as "through put" dramatically increased with bedding & beds not properly cleaned between patients. Over the last 14 years same meat different gravy - do more with less and the pandemic showed up how under-resourced & under staffed the NHS was. Streeting is a history graduate & career politician, he is completely unqualified to be Health Minister.
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Like the Tories haven't done it since Thatcher with privatisation etc
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Glib statement that says nothing.... go away troll.
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KPMG et al rewarded for failure & let off Scot-free because they have not paid a single fine themselves; they have overcharged their clients to get the money to pay the fines. The financial "industry" don't want customers to be financially literate because they then wouldn't be able to fleece them at every turn. CC rates at 30+% and overdrafts at nearly 40% when the bank rate is 4.25%: money for old rope.
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@briankerrison8504 why consult a doctor when you have google & homeopathy. BTW if your are ignorant how do you know which questions to ask? I C U R a fool.
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