Member Info for TheFarEnd

I see machiismo's throwing his toys out the pram. This man's thought processes are dangerous. The tone of his contributions to this BB are verging on the thoughts of a raving lunatic. A supposedly educated man reduced to a blithering idiot. Sad to see, but hey that's the left for you, frustration on every front. Can't tell a tax cut from a trickle down, can't tell his arse from his elbow more like.
Even when the government gives a lift up of this magnitude, to everyone we'll over £100 billion he's still moaning. The truth is the left are so frustrated at being on the sidelines they can only resort to insults.
I can imagine machiismo as a raving mad, kilt wearing, ginger haired pratt going about his business repeating the same phrases over and over that only his fellow Scotsman can understand. You know the kind of morons you see abroad at football matches.
Machiismo you've lost, your credibility is shot to pieces, time to call it a day son.
You should join your comrades up there they may be able to understand you.

I'm still down the club as per usual on a Friday. I hope this makes sense although I doubt if Mach will he's too far gone.

"issues dire global economic outlook: 'Worst is yet to come"
Better try going private on your teeth then DaftT if it ain't gonna get any better otherwise you'll be eating through a straw.

Guitarsolo, sorry for the delay.
You mention paying back this growth giveaway budget that you don't seem to like. But with the numbers I posted explaining the benefits you seem to be ok with.
I know the governments targets are for 2.5% growth but if this restores growth to just 2% then research shows that if the longer term spending plans are kept then debt will steadily fall. But of course if labour get elected in two years time that will all go out of the window.
The effects of inflation on debt will reduce it even further, forecasted to reduce the value of debt by upto 12% of GDP.

Guitarsolo, you posted "So how did it destroy people’s lifestyles? BECAUSE IT NEEDS TO BE PAID BACK."
You are talking as if these measures have destroyed people's lives, no-one today has been destroyed by this mini budget, everyone has got extra help.
The UK PLC will not be insolvent anytime soon, you take too much notice of the hysterical press, they are responsible for this supposed outrage by the general public.

Theosus you mentioned fiscal drag, as peeps earn more and get richer naturally they pay more, every little helps. :-)
But I believe there is a part 2 to this budget so we will have to wait and see if tax bands are changed.

It's nice to see the initial reaction to this budget fading into some sort acceptance that it might be a positive move. although the media will always add negatives where it can. This is not just about the abolition of the additional tax rate.
Still all you new labour voters, how is labour's new green initiative and the GBEnergy going to improve people's lives and more importantly how much is it going to cost?
I'm not holding my breath for any answers.
Peeps shouldn't be UK specific, look around and see how others are tackling this world wide situation.
Got to go, I've got a lot to do today.

Cornsland
No I'm not struggling to pay my bills, however this was a budget for growth the pension review numbers are coming up this month I believe. For info, I didn't agree with the break of the triple lock but promises and policies get broken, blaming the current situation.
People need to realise that with all the un-costed bullsh it coming from Liverpool this week.

WW, explain to me how this mini budget is destroying people's lifestyle?
It's helping them.
From next April everyone working will receive more of their earnings.
And from tomorrow everyone will be getting help with their energy bills.
If you pay dividend tax you'll gain £345 pa.
Basic rate tax payer gains on average£170 pa.
National insurance payers will benefit by on average £330 pa.
An estimated 920,000 businesses will save an average of £10,000 a year.
If you're buying a home stamp duty savings amount to c£2500 pa.
Corporation tax on PLC's will benefit, for example if you made profits of £1.25 million then the company will benefit by £60,000.
All good in my book.
Can't see no threat here, that's not "sticking two fingers up to the common man."
Again WW, how is that destroying people's lifestyle? Unless of course if you don't like work.
I despair.

Oops, sorry that's a Gordon Theosus but you knew that, anyway thanks for correcting me I'm very busy this morning.

"however the 45 to 40% tax move was politically inept and bad timing."
When is a good time to reduce higher rate tax 88?
The opposition would jump all over it but 40% was the rate all throughout the Blair years and was only upped to 45% by George Brown as a vindictive measure when he messed everything completely. The last grasp breath of a dying man, he was desperate with statements like the "end of boom and bust" and the whole socialist movement have been smarting since.
I love it.

"TFE, you repeatedly defend a sh it show of a government, are you a PAID Tory Boy ramper?"
I just try to dissect things WW and form my own opinions. Unlike most with something like this I don't believe all I hear and read.
Time will tell if these policies prove to be advantageous, no one knows yet but if you read this BB and listen to the MSM suddenly everyone's an expert and knows for sure the outcomes, that's just bluster and peeps jump on the bandwagon and eventually believe it. As I said, time will tell.

WW.
Panic over the pound has returned to pre budget levels moving more and less in line with the Euro. Funny that.
The wheels are coming off the opposition's policy as sensible people realise this is a bold policy for growth and labours plans are full of holes.
Fools rush in, comes to mind.
"The recovery in cable (the sterling-dollar rate) is very eye-catching," said Sean Callow, a strategist at Westpac.

"I guess the Tories are looking for funds to pay the rich their tax cuts"
If the upper tax band reduction was distributed to every worker it would amount to c61p per worker.
Hardly triple lock money is it WW?

Why do you believe that tax thresholds rise every year?
It's not a given and never has been.
Oh, but of course DT you are just the purveyor of all the negative crap you can find online, you have no position of your own.

For all the doomsters out there.
LONDON (Reuters) - Britain's economy grew in the second quarter, contrary to a initial estimate of a small contraction, and the country's current account deficit was smaller than expected, according to revised official data published on Friday.
The Office for National Statistics said economic output rose by 0.2% in April through June, revised up from a previous reading of -0.1%.
What's everyone moaning about?

"Where does the money come from, well if you have to ask.Borrowing,"
The same place every other countries money is coming from Lokiloo and has done since 2008/9.
I thought this package was to promote growth instead of austerity, not to mention paying everyone's energy bill, which incidentally no one mentions, especially you.

There's no trickle down economics here machiismo you're just quoting the MSM who like to pick and choose parts of the news without finding out for yourself.
We know the left are the anti business party and can't stand people's success, and that's how you're coming across.
Just unpick the mini budget and you'll see what I mean.

German inflation reached double digits for the first time since the euro was introduced more than 20 years ago, surging more than anticipated.
Consumer prices jumped 10.9% from a year ago in September, topping August’s 8.8% advance, the Federal Statistics Office said.
Chancellor Olaf Scholz’s administration will borrow at least €150 billion ($146 billion) to take measures to try and tame inflation.
The ECB who are hopelessly behind the curve (well done Lagarde) are going to have to increase base rates with more urgency.
RING ANY BELLS with you know it all lefty morons?

For info….
The UK Consumer Prices Index (CPI) rose by 9.9% in the 12 months to August 2022, down from 10.1% in July.

How lucky are we here in the UK where we have complete control over our base rates. Our independent BoE can apply suitable interest rates that match our economic cycle and not have to account for another 19 nations.
And still the lefty's are not satisfied, more than that some on here (no names, you know who you are) are not happy with the democratic vote to leave and would like to rejoin.
As David Mamet said "Old age and treachery will always beat youth and exuberance."

If you're an old lefty remoaner, there is no hope for you especially if you're Scottish. :-)
To me, to you, to me to you.

"my filter was in full swing last night and started again this morning."
No point in having a filter DaftT when you keep unblocking posts to see what's occuring. There's a few on here just like you.
Lol.

The gullibles on here have been brainwashed by the noise from Liverpool.
Starmer wants to recall parliament yet he supports half of the mini budget. The bits he supports he will have to borrow. The other bits he wants to scrap will slow growth.
He's nothing more than an opportunist and a fraud.
Labour have spent the higher rate tax reduction of £2 billion pa three times over. :-)
It's all costed my arse, and the gullibles believe him.
Socialism doesn't work, they've started calling him the new Blair. Gawd help us, we're still feeling the irreversible damage he did to this country. I'm surprised peeps here just don't get it, probably a bit wet behind the ears….. Be careful what you wish for, you'll learn.
If you call yourselves investors then you must believe in a 'free' market, what's wrong with growth? Out of the two main parties I know which one I prefer.

Machiismo, they all laughed at Reagan, yet the ones that followed all benefited.
How can you say, stick to the argument when you usually can't make any comments without insults?

The principal objection is that UK fiscal policy is going to undermine the Bank of England’s good work, feeding into inflationary pressures.
So the £60 billion earmarked for capping energy prices doesn't seem to count as part of the unfunded borrowing as this should bring inflation down. Energy prices are directly measured in the inflation figures plus it's helping the cost of living.
The other £45 billion is to be phased in, tax cut changes amount to only £4 billion this year and £27 billion next year, something the BoE could deal with.
We had a £15 billion cost of living help last April. Where was the outrage then about adding to inflation?
The headline grabbing 45% to 40% tax cuts is expected to cost £2 billion but as the IMF notes may end up costing nothing. But the opposition and the media only see down sides and everyone rushes in and jumps on the bandwagon.
Just look at all the negative posts on here today, it's the herd mentality at work.
We've apparently had years of austerity and that was wrong.
It's a growth plan to help the populace, get a grip.

Read this taken from the BoE website…
"Our monetary policy objective is to maintain price stability in the UK. Subject to that, we support the Government’s economic policy, including its objectives on growth and employment."

That's exactly what they are doing or trying to do, supporting the government.

"Kwasi Kwarteng will ask financiers not to bet against the pound during a meeting with bankers today, Sky News reported on Wednesday."

"UK Treasury Source Dismisses Media Report Kwarteng Will Ask Banks Not To Bet Against Sterling."

The news agencies are having a field day, as usual they are trying to make the news instead of reporting it.
There are not many flunkies on sky who know what they're talking about, (Ian King is worth a look) I know who i'd rather believe.
And all the sucker's who know nothing believe it instantly. Why? Because it was on Sky.

Suzy, you're correct I know nothing about anode/cathode development but I know a man who does. :-)