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Pob
Richard J Murphy
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Comments by "Pob" (@goodlookinouthomie1757) on "Richard J Murphy" channel.
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@CuriousCrow-mp4cx Since you post the same "outrage farming" phrase in a lot of answers here, it's you who looks more like the AI my friend.
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@AlanRumble-sl8dn Any economist will tell you the tax you paid over your lifetime is nowhere close to the amount you will consume from state funds. The truth is that money is borrowed and the bill falls to our children and grandchildren. And beyond.
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There are buyers in suburbs as people flee the cities. Out of town estates are popping up all over the place around my area and getting snapped up quickly. These are a lot more than 250 grand homes though.
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Inheritance tax is a moral obscenity on it's face.
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@Redf322 "Give back" to whom? Who did I take it from. As I recall, I earned my property through hard work and prudent financial decisions.
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Whenever I get the chance, I do work for a client who has properties in London. If I moved down their permanently I could probably earn not far off £90k and I'm just a decorator. The rates are nearly double down there compared to my town. Trouble is I couldn't live permanently down in London for obvious reasons. Moving from the Shire to Mordor is not my dream.
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She had less of a conversation with him, more of a list of Labour Party talking points.
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There's this country just north of Mexico where it looks like the majority support him.
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It's a good wage but to call it middle class is not really relevant these days. Your average electrician or plumber should be on his way to earning that much depending what area he's in.
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None of this is true for the small farmer of a few hundred acres, for who I can personally assure you, farming is not very profitable.
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@RichardJMurphy I listened to your entire video Richard and do not necessarily disagree. But the reality is that many farmers WILL be disenfranchised of their land and family heritage because of this in the next few years. That's just the hard fact. This is what they are protesting... not the lofty wider economic musings of it.
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@RichardJMurphy Protesting is their choice you mean?
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@wotchadave That's a myth. In the UK new stats have emerged proving that overall, immigration is a net drain on the economy. A lot of them do fill jobs, sure... but the welfare costs far outweigh any benefits in the job market.
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I often wonder though, if everyone got conscientious about their diet all of a sudden, would the fresh vegetables and meat that I live on go up in price due to demand. Maybe I'm happy to let the stupid masses keep stuffing their faces with processed crap actually.
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@ltmund Historically in Britain we have a record of striking a good balance between the socialist state and the free market. One may argue that is getting more challenging.
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@Fireclaws10 But in the meantime that is still going to destroy a LOT of farms for decades as this problem gets ironed out. So it seems to me that the farmers are quite justified in their protest. By the way... when we get this war that our leaders seem intent on provoking.... British farming will be profitable again.
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@Fireclaws10 Sorry to tell you... that's massaging the figures at best, at worst it's an outright lie. My family run about 300 acres in the Midlands. This is an average sized farm. Our land alone is worth at least £3 million on the lower end of land values... without including buildings, livestock, extant crops, machinery and the house, which are all factored into the value of the inheritance and might add another 1.5 mil to the total. I'm not taking seriously the claim that our properties is in the top 117 most valuable farms in the UK. That's hilarious.
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@Fireclaws10 I'd be interested if you can point me toward this source from the BBC because I'd be very interested to look deeper into it. I suspect they might mean this policy will affect 117 farms on the day of the change, or maybe even 177 farms per year after it... even that seems a naively low estimate.
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The minister of agriculture doesn't need to know anything about farming. The minister of health doesn't need to know the first thing about the NHS. But both of them are experts at being a minister.
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@indricotherium4802 I'm not arguing in favour of it, just lamenting the sad truth.
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Falling birth rates though.... they are fine as long as you can import millions of people from elsewhere to keep up with the perpetual growth that our economy mandates. This in itself is predicated on the ideology that all people are the same and interchangeable. Which is why they'd have us believe the moment that Somalian tribesman's foot touches the sand of a Sussex beach, he becomes as British as you or I.
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This is so obvious. And frankly if a wealthy individual like Jeremy Clarkson wants to buy lots of land... even if it is to avoid tax.... as long as he is producing essential food on that land then good luck to him.
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The whole point of the IHT exemption was a recognition that farming is an essential national asset. As far as I'm concerned I don't care how wealthy the guy that owns the field is or whether he is paying tax on it.... if the field is producing food that we need. We may not always have the luxury of importing half of our food.
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Pretty much every farmer I have ever met has been the owner and usually sole worker, along with maybe a son, of a modest farm between 300 - 1000 acres. However this is in the Midlands of England so the location obviously makes a lot of difference.
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@stevejones2310 No he wasn't. Anyone with half a brain cell can see that was a kangaroo court. And oh look. Even now there are more "victims" waiting in the wings to tell their harrowing story of assault by DJT after keeping quiet for 40 years.... and just days before the election who'd have thought it 🤣 Political theatre.
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Why should passive income be relevant? If I work 20 hours a week and earn the same as someone else working 40 hours, is half of my income "passive"?
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If a rich investor wants to "game the system" by, well... growing essential food that we all need.... then good luck to him.
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What are your immigration figures like?
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@corvus1238 I guarantee you bring home a higher salary than I do.
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@corvus1238 British farmers can hardly make a living on their produce because we import cheaper food from around the world. I hope I don't need to warn you of the folly that is assuming this will always be the case - especially with our reckless approach to foreign policy at the moment. I mean of course we could sell to someone else but it won't be anything to do with farming experience. You will find it extremely difficult to find someone who is not already a farmer to manage and grow food on this land nearly as effectively as we do. The land will be sold to another farmer, but not one who is better at the job. It will be someone who is far, far richer then me. The result is the further conglomeration of farmland into fewer and fewer hands, which does not affect your personal situation other than perhaps giving the illusion of some cathartic relief for your class resentment. In fact it likely moves the land even further out of reach of any ordinary person who wishes to get into the industry. It hurts the small farmer while benefiting the ultra wealthy and doing absolutely nothing for the population in general. For the record I think that inheritance tax is a moral obscenity on it's face and nobody, no matter how wealthy, should pay it.
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I think there's a certain amount of pragmatism to it all, an acknowledgement that we can't possibly sustain the system the way it is. Which is reasonable, but I'd be more sympathetic to it if we weren't simultaneously sending obscene amounts of money to fund foreign wars and accommodating illegal migrants.
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@michaelmayo3127 Reasonable from their point of view. And good luck achieving a society without wealth disparity and poverty and the charity that necessarily springs up in response. As far as I am aware it hasn't been done yet and when it's been attempted it's never ended well.
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@michaelmayo3127 You're quoting me disingenuously. Removing all wealth inequality has not been done yet. It will always exist and indeed it is necessary for a functioning economy. Aside from that, I know you don't really believe there is no impoverishment in France or Germany. I quickly Googled "Germany Homelessness" and found articles discussing it as every bit the crisis that we have in the UK. As for the Netherlands, the sources I skimmed seemed to suggest that is was a rapidly worsening problem there too. I get the sense that we are on the same page about the benefits of a homogeneous society. Although I don't necessarily think that has ever been a remedy for inequality.
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@michaelmayo3127 I mean you could start by reading about the Pareto principle.
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@michaelmayo3127 Don't misunderstand me. I think it's a moral good to try and reduce inequality as much as it is practical to do so. But to get carried away and try to eradicate it altogether is the route to misery for everyone.
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We still get subsidies....
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Farms are struggling because we import half our food. The problem is that this may not always be possible and in a very uncertain world, it may change very quickly. The simple reality of this tax change is it will put a LOT (likely the majority) of farmers either our of business or in serious financial hardship. It's a very short-sighted move.
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Not a controversial view, but I would point out that we do have elections. Albeit rather strange ones.
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@chrisjudd-uc7sh Who mentioned genes?
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This current labour government is the most fascist I have ever known in my 5 decades if life. Fascism is nothing to do with the left or the right. Either side can employ it equally.
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Taken at face value I'd say if means anyone with a job.
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Sam Harris said he would not care if Joe Biden had the bodies of dead children in his basement, he would still vote for him over Trump. This is commonly known as Trump Derangement Syndrome (TDS). It looks as though you may be suffering from this too.
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@william_marshal So why did the EU do that? Perhaps there were some who recognised that in times of crisis (Which WILL occur), farmers would be essential and that it would be grave folly to allow the entire industry to be cast aside for current whims.
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What happens when a war starts? Do they think this something that will never happen again? I remember my Grandad (we are a farming family) telling me how during the war farming became extremely valuable and profitable after being in a dire situation just years beforehand. For OBVIOUS reasons. Governments over my entire lifetime seem to have become ever more disconnected from reality.
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It's typical bed wetting, pearl clutching, feminised hysteria. Classic symptoms of TDS. They still act as if he's the president when their lot have been in office for 4 years and how are world affairs progressing so far?
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@Redf322 It's legitimate to rent out land in order that someone skilled can produce food on it. The result is the same... food is being produced. We might one day need to produce all the food we possibly can within our borders.
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@skyblazeeterno Are you one of those lazy Brits they talk about who won't do the jobs that we need all these migrants for? Surely there is a care home or a car valet with vacancies in your area.
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@skyblazeeterno What do we need them for?
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And at the same time they seem intent on provoking Putin into a major conflict with Europe, ensuring that our global food supply chain becomes ever more precarious.
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You can always tell when the establishment has decided that someone has outlived their welcome, because the media will begin running wall to wall hit-pieces and drama about them. It happened to Theresa May. It happened to Boris. It happened to Liz Truss. It's happening to Reeves and in time it will happen to Keir Starmer.
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