RugbyRebels

Puja wrote: ↑Sat Jun 10, 2023 2:56 pmAlternatively, Boris reckons he's got enough people on his side that he could bring the government down. Would be amusing if true.

Puja wrote: ↑Fri Jun 09, 2023 9:18 pm

Puja wrote: ↑Fri Jun 02, 2023 1:38 pm A Boris revival would be the worst possible scenario for me. Quite apart from him generall being a dangerous person to have at the wheel, he's the only change that wouldn't force a new election, because he could head off public outrage on the basis that he was the original leader and "hE's GoT a MaNdAte." Plus I could see him being able to turn the polls around with his jovial, charismatic, unserious waffling persona.

Delighted to not have my worst fear realised. My only regret is that he hasn't tried to cling on so he could get personally dicked in the by-election.

Puja

Puja wrote: ↑Sat Jun 10, 2023 2:56 pm And a third MP resigns - I won't tell you who, cause you won't have heard of him, but he's a "Johnson ally" and in a seat with a much higher majority than Uxbridge, so maybe he's leaving room for Boris to stand?

Alternatively, Boris reckons he's got enough people on his side that he could bring the government down. Would be amusing if true.

Puja

Sandydragon wrote: ↑Sat Jun 10, 2023 7:33 pm

Puja wrote: ↑Sat Jun 10, 2023 2:56 pm And a third MP resigns - I won't tell you who, cause you won't have heard of him, but he's a "Johnson ally" and in a seat with a much higher majority than Uxbridge, so maybe he's leaving room for Boris to stand?

Alternatively, Boris reckons he's got enough people on his side that he could bring the government down. Would be amusing if true.

Puja

He doesn’t have the numbers in my opinion but I could be happily wrong.

Maybe Boris could stand again in a safe seat but of course he would need the local association to confirm him. I also wonder if him resigning then standing again would be enough to close the parliamentary investigation or whether it would just reignite it.

Puja wrote: ↑Sat Jun 10, 2023 8:08 pm

Sandydragon wrote: ↑Sat Jun 10, 2023 7:33 pm

Puja wrote: ↑Sat Jun 10, 2023 2:56 pm And a third MP resigns - I won't tell you who, cause you won't have heard of him, but he's a "Johnson ally" and in a seat with a much higher majority than Uxbridge, so maybe he's leaving room for Boris to stand?

Alternatively, Boris reckons he's got enough people on his side that he could bring the government down. Would be amusing if true.

Puja

He doesn’t have the numbers in my opinion but I could be happily wrong.

Maybe Boris could stand again in a safe seat but of course he would need the local association to confirm him. I also wonder if him resigning then standing again would be enough to close the parliamentary investigation or whether it would just reignite it.

I think the investigation is still open and can impose sanctions, even if he's not a current MP, and they're not particularly enamoured of him calling them a kangaroo court, so hopefully they have the ability to block him just pulling a Bravermann and coming straight back in after resigning.

Puja

Boris Johnson goes down swinging: ‘These people are only in parliament because of me’

Just how did a polite meeting with the PM over honours descend into chaos and lead to Boris Johnson’s dramatic resignation?

...

Dorries, Sharma and Adams were removed by Holac because, under the rules, for them to remain on Johnson’s list they would have had to have resigned as MPs within six months. None of them signalled to Holac they would do so. That left them with only one alternative: that Sunak would, at a later date and in his own name, formally nominate them for peerages. He was not prepared to do so.

This technical process appears to have been lost on Johnson and his nominees, who were under the mistaken belief they could be automatically re-vetted every six months without needing to be renominated as long as they announced they were standing down before the election.

Both Dorries and Sharma sought to get clarification from No 10 and Holac. “That information was deliberately withheld,” said one of the would-be peers. “If anyone had said to us that we needed to stand down to be on the list, that is what we would have done. They withheld the process to stop by-elections and look what has happened. I think there was something much more devious and sinister about it. They want Boris and his allies out of Westminster.”

...

Johnson’s woes were compounded when it was made clear to him in recent days that the government would not whip Tory MPs to vote down the committee’s recommended sanctions. Johnson is said to have responded: “I’m f***ed.”

Furious at his treatment by the privileges committee and angry about what had happened to Dorries, he decided to quit the Commons, denying MPs the opportunity to kick him out. He privately expressed his anger at the prospect of dozens of Tory MPs voting in favour of the suspension: “Don’t these people realise they are only in parliament because of me?”

Sandydragon wrote: ↑Sun Jun 11, 2023 8:35 am

Puja wrote: ↑Sat Jun 10, 2023 8:08 pm

Sandydragon wrote: ↑Sat Jun 10, 2023 7:33 pm

He doesn’t have the numbers in my opinion but I could be happily wrong.

Maybe Boris could stand again in a safe seat but of course he would need the local association to confirm him. I also wonder if him resigning then standing again would be enough to close the parliamentary investigation or whether it would just reignite it.

I think the investigation is still open and can impose sanctions, even if he's not a current MP, and they're not particularly enamoured of him calling them a kangaroo court, so hopefully they have the ability to block him just pulling a Bravermann and coming straight back in after resigning.

Puja

Rees Mogg is suggesting that the Conservatives risk civil war if they attempt to block Boris standing again as an MP. A few things spring to mind, firstly Mogg thinks that Boris can return without sanction (noting that Mogg isn’t reliable on matters of accuracy) and secondly that enough MPs would get upset enough to split the Tories. I don’t think there’s enough loyal Johnsonites left who would put him before their party/seats.

morepork wrote: ↑Thu Jun 15, 2023 6:22 pm

Sandydragon wrote: ↑Sun Jun 11, 2023 8:35 am

Puja wrote: ↑Sat Jun 10, 2023 8:08 pm

I think the investigation is still open and can impose sanctions, even if he's not a current MP, and they're not particularly enamoured of him calling them a kangaroo court, so hopefully they have the ability to block him just pulling a Bravermann and coming straight back in after resigning.

Puja

Rees Mogg is suggesting that the Conservatives risk civil war if they attempt to block Boris standing again as an MP. A few things spring to mind, firstly Mogg thinks that Boris can return without sanction (noting that Mogg isn’t reliable on matters of accuracy) and secondly that enough MPs would get upset enough to split the Tories. I don’t think there’s enough loyal Johnsonites left who would put him before their party/seats.

I'd sign up to fight that chinless Mogg milksop in a tight little cell any day of the week.

Sandydragon wrote: ↑Sun Jun 18, 2023 5:31 pm Anyone else feel physically sick after watching that?

Puja wrote: ↑Wed Jun 21, 2023 11:42 pm As someone who works in the market, may I take a moment to rant that reactions to the current mortgage crisis are baffling. Utterly baffling.

The Bank of England, when faced with inflation that was mostly caused by supply-side shocks (plus greedy companies taking the opportunity to massage profits while everyone's resigned to price rises happening), has decided that, while the last 11 times it's raised rates since the start of 2022 have done bog all, the 12th time will be the charm, especially if they do a really big one this time. This is not inflation that is caused by excessive demand in the economy at all, yet the BoE is determined to crush any hint of growth beneath its heels because it needs to be seen to be *doing something*, it's got no other levers, and nobody else is doing anything so they apparently have to.

The Government? They're hoping that either the Bank of England plan will magically work on the 12th time of asking, or that the Invisible Hand of the Free Market will miraculously deal with the problem, and that they won't have to do anything. They're also hoping that no-one pays attention to the fact that they have fed this crisis every step of the way. The average house in the UK cost £170k in 2010, it now costs £290k. Not only did they ignore that creeping increase with all their might, they *fed* it with every bit of intervention thye put in: Help to Buy, Interest-free equity loans, encouraging lenders to provide 95% mortgages, throttling back on social housing, allowing builders to camp on land because the profit'll be higher if they build later, because heavens forfend there even be the possibility that house prices not rise month on month - there's buy to let landlord who expect their returns, don't you know?

And the Opposition? Jesus wept. They've just come out very stridently saying that they have a plan to help the poor beleaguered homeowners and, if they were in Government, they'd be *doing* things in comparison to the Government's equivocating. It's *great* politics. Top theatre - looks very decisive. But let's take into account that the Bank of England is apparently just going to keep raising interest rates until demand is crushed enough that people stop buying luxuries like food, the economy crashes, and inflation is brought down to 2%. Their whole plan is to make people have less disposable money so they spend less - isn't it counterproductive to make policy that will allow people to have more disposable money?! All that's going to do is result in the same problem 6 months down the line because the BoE have raised the rate 6 more times because they haven't been able to squeeze people enough yet!

And let's not ignore the fact that their "solutions" are specious at best. Allowing mortgagers to extend their term or move onto interest only is great for providing an immediate influx of monthly budget for homeowners, but that means they're reducing their payments by paying less (or none) off their balance each month. What happens when these people hit 70 and they've still got £100k+ of mortgage left because they were allowed to defer it? That's just adding "Banks repossessing family homes from pensioners" to the looming pension crisis (and that's a whole other thing that politicians are pretending is invisible while they wank about with culture war bullshit). It's not a solution - it's kicking the can down the road in a fashion that our Brexit negotiators would be proud of.

It's just woeful. Woeful. There's going to be a horrible recession and we're all properly, properly fucked.

Puja

Son of Mathonwy wrote: ↑Thu Jun 22, 2023 2:46 pm

Puja wrote: ↑Wed Jun 21, 2023 11:42 pm As someone who works in the market, may I take a moment to rant that reactions to the current mortgage crisis are baffling. Utterly baffling.

The Bank of England, when faced with inflation that was mostly caused by supply-side shocks (plus greedy companies taking the opportunity to massage profits while everyone's resigned to price rises happening), has decided that, while the last 11 times it's raised rates since the start of 2022 have done bog all, the 12th time will be the charm, especially if they do a really big one this time. This is not inflation that is caused by excessive demand in the economy at all, yet the BoE is determined to crush any hint of growth beneath its heels because it needs to be seen to be *doing something*, it's got no other levers, and nobody else is doing anything so they apparently have to.

The Government? They're hoping that either the Bank of England plan will magically work on the 12th time of asking, or that the Invisible Hand of the Free Market will miraculously deal with the problem, and that they won't have to do anything. They're also hoping that no-one pays attention to the fact that they have fed this crisis every step of the way. The average house in the UK cost £170k in 2010, it now costs £290k. Not only did they ignore that creeping increase with all their might, they *fed* it with every bit of intervention thye put in: Help to Buy, Interest-free equity loans, encouraging lenders to provide 95% mortgages, throttling back on social housing, allowing builders to camp on land because the profit'll be higher if they build later, because heavens forfend there even be the possibility that house prices not rise month on month - there's buy to let landlord who expect their returns, don't you know?

And the Opposition? Jesus wept. They've just come out very stridently saying that they have a plan to help the poor beleaguered homeowners and, if they were in Government, they'd be *doing* things in comparison to the Government's equivocating. It's *great* politics. Top theatre - looks very decisive. But let's take into account that the Bank of England is apparently just going to keep raising interest rates until demand is crushed enough that people stop buying luxuries like food, the economy crashes, and inflation is brought down to 2%. Their whole plan is to make people have less disposable money so they spend less - isn't it counterproductive to make policy that will allow people to have more disposable money?! All that's going to do is result in the same problem 6 months down the line because the BoE have raised the rate 6 more times because they haven't been able to squeeze people enough yet!

And let's not ignore the fact that their "solutions" are specious at best. Allowing mortgagers to extend their term or move onto interest only is great for providing an immediate influx of monthly budget for homeowners, but that means they're reducing their payments by paying less (or none) off their balance each month. What happens when these people hit 70 and they've still got £100k+ of mortgage left because they were allowed to defer it? That's just adding "Banks repossessing family homes from pensioners" to the looming pension crisis (and that's a whole other thing that politicians are pretending is invisible while they wank about with culture war bullshit). It's not a solution - it's kicking the can down the road in a fashion that our Brexit negotiators would be proud of.

It's just woeful. Woeful. There's going to be a horrible recession and we're all properly, properly fucked.

Puja

Agreed, all the bank can do, and indeed has a duty to do, is raise interest rates, crashing the economy and causing real hardship for those on the receiving end.

We need price controls. Shame no one's talking about it.

Son of Mathonwy wrote: ↑Sat Jun 24, 2023 9:43 amThinking about it, and perhaps being charitable to Labour, they are in a difficult position (ie in opposition) re policy. Even if they had a great, effective policy for bringing inflation down without slamming the economic brakes they would not be able to enact it for 18 months. And the Tories could steal it and claim it as their own in that time. Labour's job right now is to win the next election, so a radical policy (however sensible) which might lose them economic credibility would be one to keep to themselves.