Member Info for nomlungu

I said after Trump lost that the GOP would poison the well if it meant they could get power back in the mid-terms.

https://thehill.com/homenews/senate/571413-yellen-triggers-alarm-bells-over-debt-ceiling-cliff

Treasury Secretary Janet Yellen is setting off alarm bells over a looming brawl about the nation's borrowing limit that could spark a global economic crisis if Congress fails to take action.

Yellen's warning, delivered to congressional leaders on Wednesday, that the country could default on its debt as soon as next month is casting new urgency on the behind-the-scenes discussions about how to raise the debt ceiling.

No clear end game is in sight.

Democrats could need 10 GOP votes to raise the debt ceiling if Republicans filibuster the measure. Democrats have only 50 votes in the Senate, and GOP leaders have indicated they will not help raise the borrowing limit.

Including a debt ceiling hike in the budget reconciliation measure that Democrats are now drafting would be one way around the GOP. The budget rules prevent a GOP filibuster.

Democratic leaders have signaled they don’t want the debt ceiling to be a part of that package.

“We won't be putting it in reconciliation,” Speaker Nancy Pelosi (D-Calif.) told reporters on Wednesday.

It’s also unclear whether the package will be finished in time to meet the debt deadline. Yellen on Wednesday said the limit would be breached in October.

“The time for Congress to act is now to make sure the U.S. does not come close to defaulting on some of its obligations,” said Rachel Snyderman, associate director at the Bipartisan Policy Center, a nonpartisan think tank that closely tracks the debt limit. “But what's concerning right now is that there are so many important priorities at play,” she continued.

GOP lawmakers helped suspend the debt ceiling under former President Trump, who added to the debt by signing a huge tax cut bill and several major spending bills.

But the GOP has vowed not to provide votes for President Biden as Republicans fume over Democrats’ plan to pass the $3.5 trillion spending package under budget reconciliation rules.

The GOP wants to make Democrats own both the spending measures and the debt vote, with the view it will help Republicans retake majorities in the House and Senate in next year’s midterm elections.

I did a search on the management... and was not inspired. The problem with that fund is that they intend to buy into existing listed investments if I remember correctly and have said that there will be no dividends for a long time.

My brain went mmm, a company with £100m to throw around into already hyped and possibly over valued companies may just distort the market for a while whilst enriching management. Is this fund just surfing the enthusiasm for the industry? Are they scientists with an understanding of the industry?

Ammonia is mentioned 10 times in the prospectus but there is no mention of how they hope to exploit it for gain.

How much gas does UKOG produce?

How long will the spike in prices last?

Will UKOG actually benefit from the spike in prices?

Is this just another pointless ramp?

30% of the first 100 posts on this share are from 1 poster and made within the last 44 hours. Are the prospects so bleak that Ramp Factor 10 needs engaging? I think the talk of a potential placing might have someone very worried.

You are allowed to charge

http://www.permitteddevelopment.org/The-28-day-rule-for-planning-permitted-development.php

If you own shares that are going up in value because of buybacks, consider selling some to take advantage of the £12k CGT allowance. Pay GOV as little as possible; treat it like sport. They made the rules, so make those rules work for you.

As long as you pay tax at the basic rate, yes.

You have some land - can you exploit the 28 [temp 56] day rule and make people pay to camp on your land. You could offer 'activities' like planting trees and get camping fees and free labour.

#win_win

This must create more interest in any non china deposit

https://www.washingtontimes.com/news/2021/sep/7/chinese-muscle-afghanistans-rare-earth-mineral-dep/

They sold the lot to an investment bank that will flip them, so I bought some at 58.8p. I will be happy for a quick 10%; there should be little downside?

Or a good opportunity for a monkey who swings between trees to pick up some rent... I would be surprised if the Bid is close to 65p next so a 10% profit on buys at 58.7p.

mick-b must be livid with the PURring goldie - down 20% on a placing.

The problem is my toothbrush is electronic so has a nasty rechargeable battery so it will never be carbon neutral. But a bit of greenwashing never hurts especially if they are going to go ahead with splitting the company in two.

I received this email:

'Driver Group’s management would like to invite you to meet with management and hear presentations from executives from their regional offices and key divisions.

The date is not yet firm, but we’re looking at the first week of October. Our preference is for a physical meeting at Driver Group’s London office, and since we know you have shown an interest in Driver Group before, we wanted to find out your availability first.'

An investor meeting planned to be open to actual real people face to face! I do not attend such meetings but worth seeing if it goes ahead as some of AIM's management seem to be hiding behind Covid when they seem to be running companies that seem to be run for their benefit, not shareholder's benefit.

'Driver Group’s management would like to invite you to meet with management and hear presentations from executives from their regional offices and key divisions.

The date is not yet firm, but we’re looking at the first week of October. Our preference is for a physical meeting at Driver Group’s London office, and since we know you have shown an interest in Driver Group before, we wanted to find out your availability first.'

The new policy is a cap on social care costs - it is NOT a cap on residential care costs.

And, wealthier people are more likely to be able to pay for any adaptions required in their own homes to enable them to be cared for in society without needing to go into residential care.

Again, working people are being asked to pay for a benefit that wealthier people are more likely to benefit from. Always look for the fine print.

Salt / Sugar Tax: 'not attracted to the idea of extra taxes on hard-working people'

15 July 2021 - 55 days ago.

'I'm happy to wait this out ... First Gas maybe Feb but production could well be alot later'

You might be happy to wait, but the lenders who have security over the asset may not be so happy. Breaking loan clauses can be costly and result in forfeiture of the asset.

And Labour have no alternative policy on offer... I thought Starmer was going to be better.

Even the spellchecker I use does not recognise the spelling of his name, which says a lot.

The votes are tomorrow, and the biggest voices have been silenced in hope of keeping / getting high office in a threatened reshuffle.

Is it treason to sell honours?

'A former British government minister has told The Daily Beast that he’s made two formal complaints to the police against Prince Charles, alleging that he and his top aide arranged for an honor to be awarded to a Saudi businessman who had donated more than $2 million to his pet causes.

The Right Honorable Norman Baker, who was the Home Office minister for crime prevention from 2013 to 2014 and a transport minister for three and a half years before that, told The Daily Beast that he has written privately to Cressida Dick, the head of London’s Metropolitan Police force, and filed a complaint against Prince Charles via normal channels in an effort to force a police investigation into the affair.'

https://www.thedailybeast.com/norman-baker-reports-prince-charles-to-police-over-alleged-cash-for-honors-scheme?ref=home