Member Info for Aus3009

Hey poundy, I personally dislike Corbyn in many ways it least that his ineptness fails to holdgovernmentto account . But I very much doubt that headline. Anyway there is nothing more toxic than some of the dangers behind the Tory party. I will be holding my nose and voting for Corbyn to remove power from toxic conservative / UKIP

Hey Pacey just catching up with the news. It’s amazing how the EU response is reported in the U.K. . In Asia they are reporting the obvious and laughing at the British stupidity. People in the U.K. shouldn’t be bemoaning the EU for doing what they said from the start they should e asking questions of the Moran’s who convinced them the EU didn’t act in itsmrmbets interests and “ they need us more” idiocy. On a scary note I have to pay my deal in US dollars !!!

I’m away at the moment, listening to late night TV in Asia. Last night gave me a lump in my throat, the show focused on Brexit, there was a genuine sense of absolute disbelief and sadness. I wasn’t sure how test of the world viewed this but now I do. It was very refreshing to watch a news outlet not obsessed with showing balance, there was no alternative view with alternative facts from a loon creating doubt, just subject matter experts free to speak truth. What are we doing to ourselves ?

KNIGELK - I make a point of being unable to not challenge Brexit nonsense. If you can stop perpetrating far right messages and exaggerations then I can stop too. Essentially you are right, though you have been fooled a bit, it’s all to do with the framing. Most of your views wither and die when you view the EU as a cooperative and the U.K. as part of thatvrather than a fake enemy. No responsible country can “do what it likes” but the U.K. can choose to cooperate with rules it participated in for the benefit of itself and others, WTO, the act of a trade deal, nato, UN international law etc etc all rely on your interpretation of sovereignty being handed over. The FOM issue you so obviously says it all really, it’s mainly nonsense about schools, housing and wages, where maybe very isolated very rare occurrances have been fed to people as examples of the norm by an insidious agenda to fool. One look in any doctors surgery or hospital will show chronic under funding and full to capacity with older brits, who paid for plasters and bandaged yet use MRI and other expensive cutting edges medicine (not attacking old just explains part of fund gap). The investment case is U.K. is in EU because it’s in the national interest, every governments says so, the volaltity & financial uncertainty is caused because too many people have strangely been convinced to act outside the national interest by what are in part ridiculous untruths (easily seen through) or exaggerations of the part truth. IMI & it doesn’t matter how many times they are repeated.

KNIGELK - maybe you should stop pretending the U.K. is’nt independent. This is a ridiculous perversion of the truth. Can you remember the 3 wars etc etc etc. Not to mention Brexit kind of proves U.K. government is independent enough to chop its own arms off.

Hey faultsman - not sure that’s fair, I’m not jumping on a band wagon In terms of trump, where would I start..... trade war, general mele and lack of world leadership, climate change, generally undermining free press common decency and of course accusations of collusion with the west’s enemy. Failure to crack down on far right

Hey KNIGELK. - the main difference with those referendums were the proposed change question was confirmation / advisory to proceed in what government had already decided was national interest. The difference here is government whose responsibility it is rightly or wrongly concludes this change is not in the national interest. The key point here is Not in the national interest, when has a government ever enacted such a thing? Any where

I’ve just read an article where it says Huawei have just out done Apple based on number of handsets shipped. When I read stuff like this it does make me wonder if BT is going to incur expense because American Commercial interests are being backed by the White House? Does anyone agree child trump wouldn’t be able to work out the morality of this abuse of power?

KNIGELK - I think I’ve already explained MPs are not there to be instructed by constituents, that not how it works. By the way, irrespective of what anyone says, our system doesn’t support referendum. Powered is handed to parliament (ironically its sovereign) during an election at that point “will of the people” has no executive role. The important point here is at no point did parliament vote to hand executive power to the people. Because they didn’t, any referendum in this country is advisory only as is any U.K. referendum. You can’t quote parliamentary process as a enabler & then misrepresent parliamentary process through the eyes of a campaign to hide the truth. What you describe is not our form of democracy, it’s a plebiscite (I think?) very unbritish, in fact couldn’t be less British

KNIGELK - I kind of think where we are is the best possible indication why the U.K. is a parliamentary democracy, ie the people’s job is to vote for a government and MPs then the executive (government) and parliament govern. This in fact would result in continued membership of the EU. MPs are not delegates, they are representatives, they are not instructed by the people, instead must act in accordance with their conscience. Couple of obvious questions did you vote for any of the 3 wars? For our budgets? Nope thought not, that’s because this is not what our democracy is. Apart from the uninformed and petty interests of people during the Brexit vote, the same people don’t really understand how parliament works, or what sovereignty is, which is why a spiv in a suit can con them. Ergo, which is why we have a parliament & a lords to protect the people from themselves.

https://www.standard.co.uk/business/bt-closes-is-on-sale-of-historic-central-london-hq-a4009021.html It’s not really the direction I want to see travel, every company has a history and really good ones have vanity sites. Or is it a waste?

Hi Faultsman, thanks for your response, I think I do understand some or most of the issues here, I also understand in some ways deficit was self inflicted when BT took payment holidays. Many of the things you wish for I 100% agree with, BT should be a loved institution, oldest telecoms company in the world, what it does behind the scenes for our country and people is incredible, from emergency services to children in need and everything inbeteeen. From an outsiders point of view BT looks quite benevolent to society and staff alike (when compared to other companies). I’m told they have excellent benefits & social / welfare policies to be proud of. I don’t understand why in some cases BT doesn’t get respect for all this or why it shoots itself in the foot, depending on your perspective. I also consider it a privilege to invest my money in this company & hope to see it thrive. Where we disagree is commercialism and capitalism. Commercialism as in BT lives in a competitive world, other companies don’t have these burdens, to compete and stay healthy BT needs to change. During any change stuff goes wrong it’s a fact of life & for my money Bzt has not handled some of it well. Capitalism as in “not all farm yard animals are equal “ as BT operates in the real world I don’t expect anything different & I don’t see BT should be there for the benefit of its staff, ideally I would like to see staff treated best as possible, happy staff work better, but for Bt right now staff numbers are as much a problem as the deficit. So I would say in a commercial world BT needs to compete with companies who don’t have this baggage, choices are U.K. government enforced higher standards and makes every company uncompetitive outside U.K. or BT needs to lower its standards to compete with its neighbours. I know you will disagree, but I thanked you for your views & thought they deserved a response in good faith.

There is no possible way Brexit can go well. It’s not in the national interest to exit, doesn’t matter how you cut the cake or how many spivs in suits line up to tell you lies, reason we are in is self interest. Therefore out can’t be.

That’s depressing, economists on the show warning there are scary signs of a world wide recession coming. Citing idiot trump and uncertainty forcing the issue. Also warning already low interest rates and idiot trump’s pointless populist tax cuts leaving the world and America without much riggle room. Scary stuff for share holders.

Poor Huawei they are being cained. Normally I’d go with it, but with baby trump in amongst it all, can’t help but be suspicious. Not sure where this will end. If I was an operator I’d cross Ericsson off my supplier list too, post the world wide IMS outage (O2 & others). So that leaves Nokia? Samsung? Where’s good old Nortel when you need them?

& pound down, which should have boosted FTSE, but it didn’t. I find that a worry too

Brutal day. Is that all about Huawei ? And them breaking trade sanctions ?

I have to agree faultsman, although I want to see this opportunity to reduce pension liabilities it doesn’t mean I think staff need to entirely lose out, but neither should a business when a pension is unsustainable

Hey Garp I guess court costs are high, but I think a successful (depending on your view). ( mine is as an investor). (And I accept changes to t&c’s are legitimate). Result would reduce the deficit. By 1.4 Billion pounds!!!! How ever much the court case cost I can’t believe it would dent that amount

This sounds crazy, virtually everything we’ve read about has involved collaboration with Huawei, G.Fast, high speed fibre trials ....