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But you and I have already discussed in the last few weeks the alarming way the markets dip at the thought of GB continuing at the helm.
Have we? That passed me by. I'm not a big fan of the current laissez faire market economy btw. and would tend to blame it for the current world-wide economic crisis. It seems to exist by talking up the price and fetishising commodities, houses, cars and other everyday stuff.
Garage Joe
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So! Do I deduce that it's OK for people to make money as long as they are the "right" people?
No as a matter of fact I don't care what political persuasion you are the obscene amounts of money that people like the Kinnocks and the Blairs have made, not to mention Peter Mandelson and his dodgy mortgages, make me sick.  Feel free to mention senior Conservatives who have also done very well from the gravy train.
squiggle
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No as a matter of fact I don't care what political persuasion you are the obscene amounts of money that people like the Kinnocks and the Blairs have made, not to mention Peter Mandelson and his dodgy mortgages
But they aren't obscene amounts of money. Obscene amounts of money are things like the 9 gigapoonds given to that London for their Olympics, the fact that the top end of the Sunday Times rich list could pay off the national debt twice over and of course, my old favourite, the many tax evaish/avoidance billions hidden in lands far far away of which we know very little.
Garage Joe
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some people are finding him a bit too posh and the Conservative guy who is proper Yorkshire is proving popular.
I dont know wether it's true or not but my son told me that when Mandelson was xampaigning in the last election he went ooop North. He went into a fish and chip shop and when presented with fish, chips and mushy peas he exclaimed 'aaaaaaaaah guacomole'....................well it gave me a laugh
Soozy Woo

ADAM Boulton has just lifted the lid on the reality behind the urban myth that Peter Mandelson once mistook mushy peas for guacamole in a chip shop.

The incident occurred, said Adam on Sky News, but it was an unnamed American researcher who made the mistake, not Mandelson. The story grew legs, apparently, because Peter’s good friend Neil Kinnock spread it round (the rumour, not the guacamole&hellip.

Garage Joe
I'm sure you as an individual have been in situations where you haven't had a pot to pish in but you've somehow found some cash to treat a loved one. The overall good feeling that the gesture has is then transformed into something priceless. I know I've been in a situation like that. That's how I see the Olympics....a national event that will generate a feeling that will benefit all. My cousin was part of the Vancouver organising committee (VANOC) and he told me that they are already reaping financial rewards for all they shelled out.
Edited to add...That has also made a difference to Canada as a whole and given them a sense of pride and inclusiveness.
suzybean
Last edited by suzybean
Reference: squiggle
Ooh Deman your link led to a nice little article entitled "I'll carry on spending says belligerent Brown".
As he should.

Quote - The Tories are in the grip of the failed ideology that visited double-dip recessions on Britain and the US in the 1930s, he insists — “that you shrink an economy when it is in difficulty and wait for private investment to recover in the hope that everything is OK”. The economic orthodoxy of 2010, he says, is for governments to support the economy until the private sector has recovered sufficiently, or risk higher unemployment, more business casualties and higher deficits. “I think any serious economist looking at this at the moment would say that 2010 is a key year.”

Read GJ's link - it's very interesting.
Blizz'ard
Brown Mark 1, 1997 - 2008: You can't spend your
way out of recession, monetary policy has to take
the lead

And I tell you we have learned from past mistakes.
Just as you cannot spend your way out of recession,
you cannot, in a global economy, simply spend your
way through recovery either.
(Gordon Brown, Labour Party Annual Conference, 29
September 1997)
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Reference:
But they aren't obscene amounts of money.
Well that's your view but from my point of view I find it a bit different

GLENYS KINNOCK, the new minister for Europe, has amassed six publicly funded pensions worth ÂĢ185,000 per year with her husband Neil, the former leader of the Labour party.

They have already received up to ÂĢ8m of taxpayers’ money in pay and allowances, he as a European commissioner and she as a member of the European parliament.

The pair are already drawing payments from three of their taxpayer-funded pensions. Glenys Kinnock, 64, soon to be elevated to the House of Lords alongside her husband, is collecting a teacher’s pension and from next month is entitled to another from Brussels with an estimated annual value of ÂĢ48,000.

Lord Kinnock, 67, is receiving one pension as a former MP and a second for his service in Brussels, together worth more than ÂĢ112,000.


Glenys Kinnock is simultaneously drawing a ministerial salary of ÂĢ83,275. Her job entitles her to a further ministerial pension.

After she retires from her job she will be eligible to draw a further UK-based pension related to her service as an MEP, worth ÂĢ19,730 a year.

Neil Kinnock, who resigned last week as unpaid chairman of the British Council to avoid “perceived conflict of interest” with his wife’s ministerial role, receives a pension of ÂĢ83,089 for his service as European transport commissioner between 1995 and 1999 and vice-president of the commission from 1999 to 2004.

He receives a further ÂĢ28,936 a year for his 25 years’ service as an MP, including time as leader of the opposition. He also claimed ÂĢ13,700 of allowances while a member of the House of Lords during 2007-8.

During their time in Brussels both Kinnocks claimed a housing allowance on top of their incomes, even though they lived in the same home. This alone would have netted the couple almost ÂĢ600,000 over 10 years.
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Reference: GJ
Call me old fashioned but I would have prefered to keep the steelworks.
 And the good causes lottery money used to be spent on. Loads of community projects, serving disadvantaged or vulnerable across the UK, have had to either cut back or close down completely, because the money they used to get has all been siphoned off for the Olympics.
Demantoid
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I can't quote it all but at no point have you mentioned anything that they shouldn't have.
Or anything a Tory politician in the same role wouldn't also have been entitled to. I think the problem isn't that they earn a lot of money, but that they're Labourites who earn a lot of money. And Tories would prefer to keep it all to themselves.
Demantoid
Call me old  fashioned but I would have prefered to keep the steelworks....ref: GJ
Well then may be I'm a little old fashioned too, but I also prefer to deal with the here and now....and we are holding the Olympics in 2012 so I may as well get excited about it and then try and engage my kids too in the hope that all the athletes, rowers, gymnasts etc. will hold more of an appeal to them than the teenage Crack Tycoon who lives round the corner from us.
suzybean
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I think the problem isn't that they earn a lot of money, but that they're Labourites who earn a lot of money. And Tories would prefer to keep it all to themselves.
That is your take upon it, not mine.  I think public servants of any party who end with 6 pensions, or a huge property portfolio like the Blairs have somehow lost their way.  This country is on its knees and some politicians are sitting very pretty indeed.  I would condemn any that make that much money from the public purse.  The main thrust of my argument is that the sums mentioned are taxpayers' money and how much do we owe now?  Did I read correctly that Brown has pledged on behalf of all of us to pay ÂĢ500million per day in interest? Britain will spend more than four times as much next year paying the interest on Labour’s debt than on the Olympics. The total budget for the Olympics is ÂĢ9.35 billion.
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