100 British business leaders back the Tories (2014, loans, how much)

[Stewart G. Griffin]

Originally Posted by Roscoe Conkling

Actually it's an excellent letter signed by driven,hard-working and hard-nosed business people who have created tens of thousands of jobs who are pointing out the dangers of returning to power the party that steered the UK to one of the biggest economic recessions in its history.

Labour's economic plan is raise taxes for everyone,not just the wealthy and continue with the same austerity cuts outlined by the Tories.

Sterling and the markets are already spooked at the thought of that clown Ed Balls with his fingers in the till.

Miliband's election campaign thus far is a re-run of the glory years of Michael " Donkey Jacket " Foot and Neil " Welsh Windbag " Kinnock.

The result will be the same too.

You clearly know little or nothing about economics. Please explain how the tories would have prevented the GFC. Camoron was giving brainless speeches to the city regarding his plans to deregulate them even further just weeks before the crash. Remember that? I thought not.

Had the tories been in govt in 08 they would have presided over exactly the same calamity. The GFC was caused by America, not the Labour party.

Any tory can get his donors to sign a letter criticizing Labour. See if Dave can get 100 nurses to sign a letter.

Please stop regurgitating Telegraph leaders as though they are your considered opinion.

[dunno what to put here]

Am I supposed to care? When I cast my vote in May, the last thing on my mind will be which party will give the best breaks to big business. These business leaders are out of touch - thinking we should give a crap what they think. I'm much more likely to vote Labour actually. Greedy tax avoiding slime balls.

[John-UK]

Originally Posted by Stewart G. Griffin

You clearly know little or nothing about economics.

Spot on! One of the sheeple.

[John-UK]

Originally Posted by Roscoe Conkling

who are pointing out the dangers of returning to power the party that steered the UK to one of the biggest economic recessions in its history.

This is clear proof of media indoctrination. He obviously did not read my post on what Labour did vs Tory. All factual. I could have gone on and on.

I started another thread on the mythical Gordon Brown big debt. This guy here thinks the British Labour party created the USA sub-prime mortgage situation and the resulting crash. The fact is, before the tidal wave came in from the USA, which took the whole world, the UK economy was the most robust in the world. The debt was to bail out the banks to prevent the economy collapsing preventing soup lines. The Tories wanted to give over money money than what Darling/Brown did.

Mr Conkling, you will find that many people here do have brains and do know what went on. Anyone who votes Tory is a sycophant, as they are voting for a party that does not have their interests at heart.

[Roscoe Conkling]

Perhaps those posters on here critical of the coalition's economic record might care to provide us with the name of another European country whose economic policies we should be following instead.






No, I thought not.
The inescapable reality is that Britain has the highest rate of growth in the G7,one of the lowest unemployment rates in Europe and record levels of job creation in the private sector.
It's the economy,stupid.

[John-UK]

Originally Posted by Roscoe Conkling

Perhaps those posters on here critical of the coalition's economic record might care to provide us with the name of another European country whose economic policies we should be following instead.

Who is mentioned following another country?

Food for thought. You will not find any of this in the Daily Mail:

Average Tory borrowing 2010-2015: £114.5 bn.
Average Labour borrowing 1997-2010: £34.1 bn.
Total Labour borrowing 13 years: £442.7 bn (including the financial bailout).
Total Tory borrowing 5 years £572.5 bn.

We have suffered austerity in the past 5 years while the stinking rich got richer and we all became hopelessly in debt.

Run by privately company Circle, Hinchingbrooke hospital has been placed into special measures after the Care Quality Commission revealed serious failings. Circle was awarded a 1.36bn NHS contract after many of its investors donated £1.5m to the Tories.

We have established a system that makes a tiny number of people very wealthy at the expense of everyone else - and turns everyone else into debt slaves and cheap labour.
- Alan Grayson US senator

The banks are currently lending to financial "speculators", creating financial instability. If they lent to manufacturers & the real economy, creating jobs and growth, then we might be getting somewhere. Money only revolves around the Tory supporting financial sector. Lending to land speculators caused the 2008 crash.

"This study establishes for the first time empirically that banks individually create money out of nothing. The money supply is created as ‘fairy dust’ produced by the banks individually, "out of thin air"."
- Richard A Werner, economist.

Banks are allowed to created money out of thin air when giving loans. The biggest borrowers are HMG who pay interest. There is no reason why HMG cannot issue its own money and pay off the national debt to the banks. But there would be little money supply as banks destroy money when debts are paid. The Bank of England could print money and pay the national debt, then we wouldn't have to pay interest to banks. The Tories will not, so banks continue to get rich via interest on money they create out of thin air. Then the financial sector back the Tories.

Ten of the largest financial institutions are bigger today than they were before we bailed them out.
- Senator Bernie Sanders

"Poverty is not caused by men and women getting married; it's not caused by machinery; it's not caused by "over-production"; it's not caused by drink or laziness; and it's not caused by "over-population". It's caused by Private Monopoly. That is the present system. They have monopolized everything that it is possible to monopolize; they have got the whole earth, the minerals in the earth and the streams that water the earth. The only reason they have not monopolized the daylight and the air is that it is not possible to do it. If it were possible to construct huge gasometers and to draw together and compress within them the whole of the atmosphere, it would have been done long ago, and we should have been compelled to work for them in order to get money to buy air to breathe. And if that seemingly impossible thing were accomplished tomorrow, you would see thousands of people dying for want of air - or of the money to buy it..."
- Robert Tressell

“Once a nation parts with the control of its currency and credit, it matters not who makes the laws. Usury once in control will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of Democracy is idle and futile.”
- William Mackenzie King, PM of Canada, 1935

“If you abandon the political arena, somebody is going to be there. Corporations aren't going to go home and join the PTA. They are going to run things.”
- Noam Chomsky

“There once was a time in history when the limitation of governmental power meant increasing liberty for the people. In the present day the limitation of governmental power, of governmental action, means the enslavement of the people by the great corporations”
- Theodore Roosevelt, 1913

“In short, multinational companies employing thousands of people, controlling great resources, with a vested interest in territorial development and with reserves of capital and know-how to protect, have become states and must expect to be treated as such… The single biggest political issue of the 70s, 80s and beyond is the need for the democratisation of power.”
- Tony Benn 40 years ago. How prophetic.

The 2008 USA Wall Street bailout cost more than: The Martial Plan, Louisiana Purchase, Race to the Moon, Korean war, Iraq war, Vietnam war and NASAs lifetime budget (all adjusted for inflation) COMBINED.

New Statesman via freedom of information act found that the largest billionaire landowners received millions of pounds in taxpayer subsidy.
last year:

• Sir Richard Sutton: £1.7m
• The Duke of Westminster: £748,716
• Queen: £730,628
• Earl of Plymouth: £675,085
• Prince Bandar bin Sultan of Saudi Arabia: £273,905
• Duke of Buccleuch: £260,273
• Duke of Devonshire £251,729
• Duke of Atholl £231,188
• Prince Charles: £127,868

In the 20 years to 2013, average national house prices rose from £62K to £247K. That is £185K gain for doing nothing. The owners never created that value rise. The average man would have paid £117,000 in tax in that time. So the home (land) owner got all services free: schools, transport, fire dept, parks, police, hospitals, etc, and profited by £67K (£185K - £117K). Those renting get zero profit and pay for all services. There is such a thing as a free lunch.

"This [the land market] is no more than a giant pyramid selling scheme and one whose dire consequences we have seen again and again."
- Martin Wolf of the FT on the land (house) market, which most regard as normal

“Films, football, beer, and above all gambling filled up the horizon of their minds. To keep them in control was not difficult"
- George Orwell

[geoff956]

The gospel according to the Tories is that any job is better than none. This of course is misleadingly simplistic. You could after all apply that logic to a gang of slaves working for a bowl of porridge a
day, so let's discard that theory and treat it with the contempt it deserves.
I've lived long enough to know that loyalty in employment is a one way street, i.e. the employer regards the employee as a resource, the cost of which needs to be minimised and can be discarded when no
longer required. On the other hand the employee is expected to extend untold loyalty towards his employer and take a pride in what he does for him.
We now have a situation where employers can get away with zero hour contracts and pay many more the minimum wage only - in their eyes the going rate. Many people are forced into self employment as a best
option when they can't find a job.
I've said it before on this forum but I'll repeat it as it bears repetition:-
Labour introduced the NHS - the Tories opposed it and still ideologically oppose it in spite of what they say.
Labour introduced the minimum wage - the Tories opposed it saying (as usual) it would cost jobs - it didn't.

This tells us all we need to know about the Tories !!! They haven't changed. They never will, and I find it incredulous that so many ordinary working people who now regard themselves as 'middle class' are
happy to be governed by a bunch of Old Etonians whom they fondly imagine speak for them.

[bigpaul]

politics is a bit like the weather, everyone talks about it but they all have a different view. I would never ever vote Labour, don't like their policies or the way they behave, never have never will. my parents always voted Conservative but I haven't voted Tory since Maggie Thatchers time, and the Lib Dems are heading for the door.

[Mag3.14]

Originally Posted by Roscoe Conkling

Perhaps those posters on here critical of the coalition's economic record might care to provide us with the name of another European country whose economic policies we should be following instead.






No, I thought not.
The inescapable reality is that Britain has the highest rate of growth in the G7,one of the lowest unemployment rates in Europe and record levels of job creation in the private sector.
It's the economy,stupid.

The EU has been dire since 2007. Comparing the UK to other EU countries is like bragging about winning the egg and spoon race at the special Olympics.

[Roscoe Conkling]

Originally Posted by Mag3.14

The EU has been dire since 2007. Comparing the UK to other EU countries is like bragging about winning the egg and spoon race at the special Olympics.

The G7 isn't just Europe - it comprises Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
It's that high growth rate together with low unemployment and huge numbers of new jobs being created which means that even after years of really tough austerity cuts to sort out the mess of the economy left by Gordon Brown and his acolytes Miliband and Balls the Labour party is still only neck and neck with them in the opinion polls.
They should be streets ahead but the fact is people remember Labour's dire economic policies and they understand that the unelectable Miliband would be a disaster for this country.He's not even the best politician in his own family.