Topic: Tory Party Watch: parts 8245–8249 & 117

[Fambo Number Mive]

Every Tory MP should be asked what Eddie Mair asks Liz Truss in this clip:

https://twitter.com/glintingframe/status/1157670470038298624

[Johnny Yesno]

Every Tory MP should be asked what Eddie Mair asks Liz Truss in this clip:

https://twitter.com/glintingframe/status/1157670470038298624

Christ. What a fucking dunce she is.

[BlodwynPig]

If i hear another politician say “people i speak to have been telling me..just get on with it”

Im sure that is drilled into them from powerpoint slide number 1.

[idunnosomename]

how the fuck is liz truss. I mean have you seen the cheese performance from the 2018 conference. her dead billiard ball eyes. as she seems to think yorkshire tea is grown in yorkshire. she seems to have learning disabilities. not that there's anything wrong with that, but she's in the cabinet with no oversight


also not sure why this is trending, this was earlier this year when brexit was exciting. see how the tent is blowing to bits? anyway Radio 4 is poorer without Mair. wish humphrys would just fuck off - that said the Today Programme is in serious trouble and when he finally leaves that might be the end of it

[Fambo Number Mive]

The cabinet minister in charge of negotiating a new US trade deal met with a series of rightwing American thinktanks to discuss deregulation and the benefits of “Reaganomics”, new documents have revealed.

Liz Truss, the international trade secretary, had a number of meetings with libertarian groups that have championed parts of Donald Trump’s deregulatory agenda and tax cuts.

New details of her three-day visit to Washington last September have been uncovered by Greenpeace’s investigative journalism team, Unearthed. Truss met senior representatives from the Heritage Foundation, a thinktank committed to shrinking the state and cutting environmental regulation, to discuss “regulatory reform”. Also at the meeting was the Competitive Enterprise Institute. Both groups were part of the “shadow trade talks” project, designed to advocate a wide-ranging US trade deal allowing the import of American goods currently banned in Britain.

One briefing note reveals that Truss was keen to hear “what we can learn from ‘Reaganomics’ on things like regulation and red tape”. Truss also planned to tell the Heritage Foundation that she is “committed to”, and “personally interested in”, exploring similar reforms in the UK. “Reaganomics” is shorthand for the policies of the former Republican US president Ronald Reagan, based on tax cuts and deregulation...

https://www.theguardian.com/politics/2019/aug/04/liz-truss-trade-deal-food-safety-deregulation

[BlodwynPig]

Sack the cunt

[Fambo Number Mive]

Anti windfarm ad from the Tories: https://twitter.com/AdamMcGibbon/status/1157937965944987648

[Blumf]

We had 'Reganomics', it was called Thatcherism!

Fucking unoriginal cunts! Poll Tax next?

[Johnny Yesno]

Anti windfarm ad from the Tories: https://twitter.com/AdamMcGibbon/status/1157937965944987648

I wonder what Jo Swinson makes of that.

[jobotic]

https://www.theguardian.com/politics/2019/aug/04/liz-truss-trade-deal-food-safety-deregulation

At least none of the leaver "it's all about democracy" twats can pretend anymore. I assume those of us who said this is what it's always been about and were mocked for it will be getting an apology.

[Rizla]

Christ. What a fucking dunce she is.

I wonder if she knows what a parking meters are.

Watching her talk makes me physically panic.

[Suki Bapswent]

Every Tory MP should be asked what Eddie Mair asks Liz Truss in this clip:

https://twitter.com/glintingframe/status/1157670470038298624

The last point was a cheap shot, but yeah the stuff about austerity is perfectly legitimate. It's nauseating how they'll broaden everything to 'us' and 'we all' to avoid taking any accountability.

[Johnny Yesno]

The last point was a cheap shot

Why?

[Johnny Yesno]

Sajid Javid is a dome-headed spiv.

https://www.theguardian.com/politics/2019/aug/05/john-mcdonnell-questions-chancellors-suitability-for-office

John McDonnell questions chancellor's suitability for office

Letter to PM cites Sajid Javid’s career selling CDOs and alleged links to tax avoidance scheme

John McDonnell has accused Sajid Javid of profiting from the greed that fuelled the financial crisis, in a stinging attack on the chancellor’s former City career before his move into politics.

In an explosive letter to Boris Johnson, the shadow chancellor questioned whether Javid was suitable for high public office given his time at Deutsche Bank. Javid held several senior executive positions at the German investment bank, including a role selling collateralised debt obligations (CDOs), a type of complex and risky financial product responsible for turbocharging the financial crisis.

McDonnell said the new chancellor must also answer questions over any connection he may have had with a tax avoidance scheme known as “dark blue” during his time at Deutsche.

The shadow chancellor demanded that the prime minister launches an investigation, adding there was evidence that would raise alarm bells over Javid’s suitability to look after the nation’s finances.

In the letter sent on Monday, seen by the Guardian, he said: “It will not be lost on those that have suffered the consequences of the last nine years of austerity following the 2008 financial crisis that the newly appointed chancellor profited from the greed that contributed to it.”

Before his election as the Conservative MP for Bromsgrove in 2010, Javid had an 18-year career in the City, and latterly with Deutsche Bank in Asia. As global head of credit trading for the region, excluding Japan, he sold risky bonds and complex derivative products, including CDOs.

CDOs are complex financial products that gained a toxic reputation during the financial crisis for fuelling the collapse of the global banking system. They have been labelled by the US investor Warren Buffett as “financial weapons of mass destruction”.

Deutsche Bank, which was among the biggest sellers of CDOs, was described by US senator Carl Levin as a “financial snake pit rife with greed, conflicts of interest and wrongdoing” ahead of the 2008 crash.

The bank has faced repeated scandals, including for internally referring to some of its CDOs as “crap” that “blows”. Deutsche Bank has spent more than $18bn (£15bn) on fines and to settle legal disputes in the past decade, according to Bloomberg.

McDonnell said Javid was a senior office holder at the German bank around the time that a US Senate committee concluded it had inflicted “material damage to ordinary people and the wider global economy”.

He referred to a report by the financial magazine Euromoney, that said: “[Javid] was responsible for structuring an emerging-market synthetic CDOs that incurred millions of dollars worth of losses for investors.”

According to the magazine, Javid worked at Deutsche Bank when it sold $500m (£411m) of collateralised loan obligations (CLOs) – similar to CDOs but using loans rather than bonds – to investors who later sued the German bank for losses of as much as $37m (£30m). The case was dismissed because it came after the expiration of a five-year statute of limitations on legal disputes.

Javid had also previously told the magazine that CDOs were “very appropriate” for buyers as long as they understood the risks associated with them.

Warning that the comments should call into question whether the new chancellor should be trusted with the nation’s finances, McDonnell said Javid was implicated in “some of the worst excesses of the casino economy”.

He also called for the prime minister to investigate Javid’s personal tax affairs. The new chancellor, who was reportedly paid about £3m per year, is said to have taken a 98% pay cut to become an MP.

Demanding that Javid publish his tax returns, McDonnell questioned whether the chancellor benefited from a tax avoidance scheme while at Deutsche Bank. The Mail on Sunday reported in 2014 that Javid opted into a scheme known as “dark blue” that channelled bankers’ bonus payments through the Cayman Islands.

McDonnell said: “It critically undermines this government’s response to the scourge of tax avoidance for the chancellor to stand accused of this practise.

“Every penny avoided in tax by wealthy large corporations is a penny taken from our desperately underfunded public service.”

A Conservative spokesman said: “Frankly, Labour might want to use the time better thinking about their own credentials for governing. Not content with antisemitism being rife in their party and their totally incoherent Brexit policy, the only threat to the UK economy is them.

“Their reckless plans would see debt soaring as they spend one thousand billion pounds, tax raids on hard working families and upheaval of our economic system by replacing key posts such as the governor of the Bank of England with their hard left choices. Utter disaster. If any party knows about failure and bogus investigations, it’s them.”

Deutsche Bank declined to comment.

[idunnosomename]

Who jerks off over The Fountainhead daily

[EOLAN]

Love (used in the way it means hate) the Conservative response to McDonell's specific concerns. Erm, yeah we have no confidence in our position as this to lets throw out our full array of insults.
Anyway glad that Labour is the only threat to the economy so we should all vote Monster Raving Looney party and live in a financial paradise.

[EditGlitch Removal Person]

Happy to help.

[Fambo Number Mive]

https://www.independent.co.uk/news/health/nhs-privatisation-donations-matt-hancock-health-secretary-institute-economic-affairs-a8442001.html

[pancreas]

Fuck me:



NOW. IMAGINE IF A CORBYN SUPPORTER...

[BlodwynPig]

Fuck me:



NOW. IMAGINE IF A CORBYN SUPPORTER...

Spam? His profile pic is a pic of his facebook profile pic

[Cuellar]

Yes that can't be a real person with a brain and thoughts and experiences.

[Johnny Yesno]

Channel 4 news exposes Boris's bullshit regarding the 'new money' for NHS England: https://twitter.com/Channel4News/status/1158450781575684096

Boris Johnson’s £1.8bn for the NHS isn’t what it seems – just ask the trusts

[Paul Calf]

Yep. But every time someone posts 'Johnson's £1.8bn for the NHS is bullshit', there's a cohort of people who - consciously or subconsciously - just sees 'Johnson's £1.8bn for the NHS'.

[Zetetic]

More importantly, what are the fucking consequentials going to be Wales, Scotland and Northern Ireland?

[Paul Calf]

Good point - I don't think anyone's asked him "Is that just for NHS England, or is it to be distributed among all the NHSes?"

I mean, the whole thing is clearly insincere, perfunctory bollocks and the NHS will not survive a right-wing Tory Brexit in any meaningful form.

[Zetetic]

Welsh Conservatives were claiming £110 million consequential for Wales. Not the same as the Treasury confirming it, given the nature of the fiddle that the £1.8 bn for England is turning to be.

[BlodwynPig]

Yep. But every time someone posts 'Johnson's £1.8bn for the NHS is bullshit', there's a cohort of people who - consciously or subconsciously - just sees 'Johnson's £1.8bn for the NHS'.

I see it as at best undemocratic and at worst fascism. Should be sacked.

[Key]

Spam? His profile pic is a pic of his facebook profile pic

No he's a real guy I'm afraid. That pic is a Cumbria County Council I.D. card.

[Blumf]

The party of are brave boys:

https://www.bbc.co.uk/news/uk-49365599

The size of Britain's armed forces has fallen for the ninth consecutive year, new Ministry of Defence figures show.

The Army, the RAF and the Royal Navy have all seen a decline in the number of fully-trained personnel - with the Army experiencing the biggest fall.

Labour said the government was "running down" the UK military - calling it a "crisis" in recruitment and retention.

[Paul Calf]

'Country not at war doesn't need huge standing military' shocker.

What's actually going on with this sudden pressure to build up police and military, I wonder?