Inb4 him and his mates buy the pound back on the morning before a U turn.
“We don’t just trade the dips and troughs, we *make* the dips and troughs.”
Oh, sorry, I mean “I can’t comment on market movements [tee-hee]”
This is what happens when a government without a mandate appoints a Chancellor with an academic background and an overconfidence problem to carry out the ideologically-driven policies put forward to out of touch party members by a mediocre woman who would say anything to anyone if it meant power for herself.
“You know all the stuff I said that cost the country a few billion over a couple of days, but currency speculators made a shit load, well we probably won’t do any of that; hope you are now long on GBP”
Surely…. If he gives all millionaires tax free status, allow them to have serfs and set up their own entrepreneurial Fiefdom zones, the trickle down bloodshed will kickstart the economy and free up housing stock that they can rent out.
….. Because, why not. Fuck having rose tinted glasses and wanting an Engerrrland like it was in the 1950’s, let go all the way back to the dark ages, its a lot fucking closer than those sunny uplands they keep harping on about.
[deleted]
U-turn on tax or spending cuts…
How about U-bend this cunt and his Prime Minister?
Told his hedge fund masters to close their shorts and go long before he U-Turns
Or borrowing like there’s no tomorrow so that Labour have to deal with it.
Surely he’s got to resign. He’s blown it on a level never seen before that it’s untenable for him to continue
Let me be chancellor. There is a whole department of experts to call upon who understand every single income lever and outgoing. Surely theres some sort of application they use to move tax here, see what happens to incomes and budgets etc? Spend a bit more here, ok whats left? Honestly, how hard can it be to balance the books and still buy infrastructure and look after the majority? The vast sum of money to freeze energy bills for just 6mths is vast – we could have used that to build 5-10 state owned nuclear power plants and got us off gas used to generate electricity fully and ensured our longer term security and reduced co2 (as just one example). Whats the govt going to do come April? Its got no more money after this week. None. Please let me be chancellor. Ill come up with a few options and see what people think before enacting. Sound fair?
He ought to get retrained in Tech – clearly this finance gig is not going well!
I suspect the markets will only be steadied by the proverbial head of Kami-Kwazi on a platter.
He has already said more tax cuts are on the horizon. He will not -turn now, it would make him look weak after only a week on the job.
This is not a fuck-up. This is deliberate. They aren’t politicians following any kind of broader ideology – even a loathsome one like “fuck the proles”. They are crooks asset-stripping the country to increase their personal wealth. I suppose the good news is that they aren’t going to be bothered about staying in power long-term – it’s more of a smash and grab move.
Of course the choice will be to keep the tax cuts that mostly benefit the rich and cut spending to the bone.
Harry Maguire of economics. Came in, shat the bed and will inevitably resign in near future
Can someone take the fucking pen off him. Give him a crayon and a corner.
Him and his mates have already made a fortune shorting the pound
How long do you reckon before Truss throws him under Boris’s Big Red Bus?
I would suggest looking very hard at his friends and family and see who has made money on shorting the pound.
[deleted]
You know. It’s actually quite a revolutionary political strategy to announce the tax cuts first. Then months later when you announce the accompanying cuts to public spending you can pretend that your hands are tied by some unspecified previous decision which has nothing to do with you.
The Bank of England is raising interest rates to reduce spending and in turn reduce inflation and this idiot wants to give people more money to increase spending and therefore increase inflation.
He had the OBRs draft of their report and did it anyway.
Now stalling saying we’ll get the report in November, absolutely shameless, he’ll never resign. Tories need to trigger no confidence to force a cabinet shake up.
24 comments
Inb4 him and his mates buy the pound back on the morning before a U turn.
“We don’t just trade the dips and troughs, we *make* the dips and troughs.”
Oh, sorry, I mean “I can’t comment on market movements [tee-hee]”
This is what happens when a government without a mandate appoints a Chancellor with an academic background and an overconfidence problem to carry out the ideologically-driven policies put forward to out of touch party members by a mediocre woman who would say anything to anyone if it meant power for herself.
“You know all the stuff I said that cost the country a few billion over a couple of days, but currency speculators made a shit load, well we probably won’t do any of that; hope you are now long on GBP”
Surely…. If he gives all millionaires tax free status, allow them to have serfs and set up their own entrepreneurial Fiefdom zones, the trickle down bloodshed will kickstart the economy and free up housing stock that they can rent out.
….. Because, why not. Fuck having rose tinted glasses and wanting an Engerrrland like it was in the 1950’s, let go all the way back to the dark ages, its a lot fucking closer than those sunny uplands they keep harping on about.
[deleted]
U-turn on tax or spending cuts…
How about U-bend this cunt and his Prime Minister?
Told his hedge fund masters to close their shorts and go long before he U-Turns
Or borrowing like there’s no tomorrow so that Labour have to deal with it.
Surely he’s got to resign. He’s blown it on a level never seen before that it’s untenable for him to continue
Let me be chancellor. There is a whole department of experts to call upon who understand every single income lever and outgoing. Surely theres some sort of application they use to move tax here, see what happens to incomes and budgets etc? Spend a bit more here, ok whats left? Honestly, how hard can it be to balance the books and still buy infrastructure and look after the majority? The vast sum of money to freeze energy bills for just 6mths is vast – we could have used that to build 5-10 state owned nuclear power plants and got us off gas used to generate electricity fully and ensured our longer term security and reduced co2 (as just one example). Whats the govt going to do come April? Its got no more money after this week. None. Please let me be chancellor. Ill come up with a few options and see what people think before enacting. Sound fair?
He ought to get retrained in Tech – clearly this finance gig is not going well!
I suspect the markets will only be steadied by the proverbial head of Kami-Kwazi on a platter.
He has already said more tax cuts are on the horizon. He will not -turn now, it would make him look weak after only a week on the job.
This is not a fuck-up. This is deliberate. They aren’t politicians following any kind of broader ideology – even a loathsome one like “fuck the proles”. They are crooks asset-stripping the country to increase their personal wealth. I suppose the good news is that they aren’t going to be bothered about staying in power long-term – it’s more of a smash and grab move.
Of course the choice will be to keep the tax cuts that mostly benefit the rich and cut spending to the bone.
Harry Maguire of economics. Came in, shat the bed and will inevitably resign in near future
Can someone take the fucking pen off him. Give him a crayon and a corner.
Him and his mates have already made a fortune shorting the pound
How long do you reckon before Truss throws him under Boris’s Big Red Bus?
I would suggest looking very hard at his friends and family and see who has made money on shorting the pound.
[deleted]
You know. It’s actually quite a revolutionary political strategy to announce the tax cuts first. Then months later when you announce the accompanying cuts to public spending you can pretend that your hands are tied by some unspecified previous decision which has nothing to do with you.
The Bank of England is raising interest rates to reduce spending and in turn reduce inflation and this idiot wants to give people more money to increase spending and therefore increase inflation.
He had the OBRs draft of their report and did it anyway.
Now stalling saying we’ll get the report in November, absolutely shameless, he’ll never resign. Tories need to trigger no confidence to force a cabinet shake up.