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Kevin Carr's Gloves

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Everything posted by Kevin Carr's Gloves

  1. At one point all the Tories kept on talking about was how they were going to match Labour's spending plans. Doesn't change the fact that Labour were the ones who actually did it though - tbh I feel like most of these politicians are all pretty similar anyways, until I'm the dictator or this fair land nobody will see any improvements to anything. Labour did what? Further relaxed regulation of the financial service sector allowing lehman Brothers to buy it's own debt from itself and show it as a profit in an attempt to shore up the toxic debt it had taken on in America which it thought would be a short term blip. Wasted approx £29bn on failed IT projects. Lied to parliament and the country in order to get a vote passed for war on Iraq which has cost a further £35 bn and lots of lives one of which was a friend of mine who was from the town of Crook in Durham. Blamed the EU for policies affecting British agriculture and fishing when it was British ministers in the EU council which were backing said policies. Lehman Brothers was an American company so its corporate reporting methods were governed by US law. So thats gone from the list. However, i will say that the collapse of Lehman has everything to do with their fixed-income trading, purchasing sub-prime mortgage backed securities and the inevitable collapse of the bond instruments in 2007. In 2005, US lenders were giving out mortgages that were interest only and that could be rolled over monthly if you couldnt pay that month, just adding the payment missed to the total mortgage. Without proof of income. These deals had 2 years on them before they became proper hard mortgages. The spike in 2005 of these mortgages is in the same month that Lehmans collapses 2 years later, having bought fixed income bonds backed by these sub-prime mortgages. Regulation allowed that to happen but its not UK regulation per se. Whether the tories would have done it too (which is true) is not important, the mechanism of collapse relates to the extension of credit, the construction of fixed-income bonds from this credit and the inability of the ratings agencies to calculate the risk. The game works like this: best brains go to the top investment houses, second best go into brokering and dealing, third best go to ratings agencies, whats left join the regulators. Fitting Gordon Brown into this game is politicised nonsense. Failed IT projects, you do realise that £29bn is about the same level as the interest we pay on the national debt. Such a small proportion to be utterly meaningless. So thats not a factor. Lied to parliament. Yes. The cost of Iraq war? Spending that goes into an industry that has served us well, ignoring ethics and politics, investment into domestic high tech weapons industry has economic benefits, as well as costs. Not accounted for in the post, until they are, thats ignored. The CAP and the usual arguments, yes very bad for us but its only a few billion and dont we still get the EU 'cheque' until the end of this year? What did Labour 'do' then to leave us with this high debt and structural deficit? I cant link Labour's action to the total figures from your post anyway. Not true about Lehman Brothers http://www.guardian....lehman-brothers You might not have understood that very well then, they were using UK law to trick their US accounts. Their US accounts are governed by US law. The loophole in the UK could be exploited under US law, they are a US company and their balance sheet is reported in dollars, not pounds, making the US regulators wholly responsible for the way Lehman's present their balance sheet. Osbourne's point in that applies to the FSA but equally to US regulators who have responsibility for the oversight of accountancy practices of US companies. Again, where does Gordon Brown come into this? Whats utterly hysterical about you trying to shoe-horn blame from the regulatory landscape is that the Tories recently vetoed a landmark EU vote because of the implications for the financial services sector in the UK. Osborne may 'blast' the FSA but when it comes to actually implementing policy, he is more protective of the institutions that created the crisis than any other party would like to be. Thats perfect irony right there. Are you fucking thick? Can you not read? I DO NOT SUPPORT THE TORIES YOU FUCKING HALF WIT. I am able to apportion blame where it lies because I do not support a party. Unlike you a Labour supporter who cannot admit they were hugely incompetent in certain areas which has massively helped to leave us in the position we are in. I am sick of talking to thik twats like you who cannot see how shit the Labour party were in power and when anyone dares to criticise them goes on about how bad the Tories would be because in your moronic world anyone criticising Labour must be a Tory.
  2. At one point all the Tories kept on talking about was how they were going to match Labour's spending plans. Doesn't change the fact that Labour were the ones who actually did it though - tbh I feel like most of these politicians are all pretty similar anyways, until I'm the dictator or this fair land nobody will see any improvements to anything. Labour did what? Further relaxed regulation of the financial service sector allowing lehman Brothers to buy it's own debt from itself and show it as a profit in an attempt to shore up the toxic debt it had taken on in America which it thought would be a short term blip. Wasted approx £29bn on failed IT projects. Lied to parliament and the country in order to get a vote passed for war on Iraq which has cost a further £35 bn and lots of lives one of which was a friend of mine who was from the town of Crook in Durham. Blamed the EU for policies affecting British agriculture and fishing when it was British ministers in the EU council which were backing said policies. Lehman Brothers was an American company so its corporate reporting methods were governed by US law. So thats gone from the list. However, i will say that the collapse of Lehman has everything to do with their fixed-income trading, purchasing sub-prime mortgage backed securities and the inevitable collapse of the bond instruments in 2007. In 2005, US lenders were giving out mortgages that were interest only and that could be rolled over monthly if you couldnt pay that month, just adding the payment missed to the total mortgage. Without proof of income. These deals had 2 years on them before they became proper hard mortgages. The spike in 2005 of these mortgages is in the same month that Lehmans collapses 2 years later, having bought fixed income bonds backed by these sub-prime mortgages. Regulation allowed that to happen but its not UK regulation per se. Whether the tories would have done it too (which is true) is not important, the mechanism of collapse relates to the extension of credit, the construction of fixed-income bonds from this credit and the inability of the ratings agencies to calculate the risk. The game works like this: best brains go to the top investment houses, second best go into brokering and dealing, third best go to ratings agencies, whats left join the regulators. Fitting Gordon Brown into this game is politicised nonsense. Failed IT projects, you do realise that £29bn is about the same level as the interest we pay on the national debt. Such a small proportion to be utterly meaningless. So thats not a factor. Lied to parliament. Yes. The cost of Iraq war? Spending that goes into an industry that has served us well, ignoring ethics and politics, investment into domestic high tech weapons industry has economic benefits, as well as costs. Not accounted for in the post, until they are, thats ignored. The CAP and the usual arguments, yes very bad for us but its only a few billion and dont we still get the EU 'cheque' until the end of this year? What did Labour 'do' then to leave us with this high debt and structural deficit? I cant link Labour's action to the total figures from your post anyway. Not true about Lehman Brothers http://www.guardian.co.uk/business/2010/mar/15/osborne-blasts-fsa-over-lehman-brothers
  3. What investigation cleared Goodwin of wrongdoing. By this I don't mean criminality as actions don't have to be criminal to be worthy of firing.
  4. I didn't say they would. I hate this assumption by idiots that anyone attacking Labour is a Tory. I am not I hate the TOries as myuch as the next man. I am from a Pit village which was just about derelicted by the Tories. I saw my dad sell the turf from his lawn during the strike and then plant the whole garden with vegetables so we didn't have to buy as much. However the fact is the Labour party fucked up big style when they were in power. Things got less fair the rich got richer and the poor poorer, working class lads got killed in a war they lied to get us into, child poverty increased and bankers got richer than ever while everyone else was worse off because the bankers fucked up. And what did they do when GOrdon Brown's pal brought the RBS to its knees? Did they put him through disciplinary procedures so the could withold his multi million pound pension? No they arranged for him to retire and keep the lot.
  5. At one point all the Tories kept on talking about was how they were going to match Labour's spending plans. Doesn't change the fact that Labour were the ones who actually did it though - tbh I feel like most of these politicians are all pretty similar anyways, until I'm the dictator or this fair land nobody will see any improvements to anything. Labour did what? Further relaxed regulation of the financial service sector allowing lehman Brothers to buy it's own debt from itself and show it as a profit in an attempt to shore up the toxic debt it had taken on in America which it thought would be a short term blip. Wasted approx £29bn on failed IT projects. Lied to parliament and the country in order to get a vote passed for war on Iraq which has cost a further £35 bn and lots of lives one of which was a friend of mine who was from the town of Crook in Durham. Blamed the EU for policies affecting British agriculture and fishing when it was British ministers in the EU council which were backing said policies.
  6. She should be sacked from the shadow cabinet and made to stand down.
  7. Does this not sound familiar just before a transfer window "we couldn't buy anyone because we thought we were going to get taken over but it turns out we weren't"
  8. Agree with every word, I've even met canny mackems believe it or not, smoggies, some blinding cockneys, decent Scotch, but them you've got it nailed, boring, arrogant, loud, unintelligent, annoying, unintelligible. Awful piggery of a place which genuinely has not one redeeming feature in terms of its' people. |Just don't let them hear you calling them Scotch.
  9. No as an ex soldier I am not answer mine.
  10. What are you sorry about? Sorry that you haven't grown a pair of balls, and instead spout the kind of namby-pamby oestrogen-fuelled do-gooder nonsense we have so come to expect from the left-leaning clowns that inhabit this once great nation? Well maybe you should be sorry, sorry that whilst some brave young men are willing to take flight and defend this country against pig-flinging goat-botherers*, you are content to do nothing but lay about your pinball machines and laptops and type garbage onto the internet. Well you're not the only one who's 'sorry': I'm sorry, sorry that every institution in this country, from the police to the family, has degenerated into a pitiful wreck that produces know-nothing left-leaning namby-pamby do-gooders such as yourself, whilst people who have some semblance of reality, having gained real-life experience over many years, are now the minority, and have been left to fight against an overwhelming tide of nonsense spread by the coalition of the pig-flinging scumbags and the cretins who sympathise with them. And it is because of all this that I am left with no surprise that YOU are still unwilling to answer MY simple question. I wonder why? *something that they do without expecting gratitude, for all they can expect upon their return is to be insulted by people who will then go on to blow up a shopping centre without facing legal recourse So are you joining up then?
  11. Now I'm not restricted to my phone..the point... British Debt History You really have to marvel, given that historical record, at the deficit panic now so widespread. Here’s debt as a percentage of GDP in Britain, back to 1830. That uptick at the end — you’ll see it if you squint — is what’s driving the Cameron government’s insistence on slashing spending in a liquidity trap. It’s also interesting to note — contrary to what you often hear — that at the time Keynes was writing, and calling for fiscal stimulus, Britain was substantially deeper in debt than Britain or the United States are now. And more than it was in the 70's when the IMF nearly declared Britain bankrupt?
  12. Now I'm not restricted to my phone..the point... British Debt History You really have to marvel, given that historical record, at the deficit panic now so widespread. Here’s debt as a percentage of GDP in Britain, back to 1830. That uptick at the end — you’ll see it if you squint — is what’s driving the Cameron government’s insistence on slashing spending in a liquidity trap. It’s also interesting to note — contrary to what you often hear — that at the time Keynes was writing, and calling for fiscal stimulus, Britain was substantially deeper in debt than Britain or the United States are now. So debt is 65% of our GDP?
  13. TIote out for the game. Methinks he may be out of the club come January.
  14. He was speaking as a guest, not a presenter and so has done nothing to get him sacked. Apologist bollocks.
  15. Stop reading his articles then.
  16. He works for BBC which has an impartiallity clause in all its productions. He should be sacked.
  17. What complete and utter shit. The people who gorged themselves the most are the ones paying the least. What about those who didn't bother with lots of credit but are still in the shit because successive governments have failed completely to plan long term and just do what they think is right to win plaudits. And when proved wrong refuse to change because it would make them look foolish.
  18. I think it's brilliant we scored with a dodgy penalty which was shown to be wrong. I like it better than if it had proved to be the right decision. It's what the cheating fuckers deserve.
  19. exactly Hhhmm agreeing with Leazes Don't worry about it, your argument/analogy was seriously flawed and utter bollocks, that's why he agreed, probably. Maybe the Greek PM should try a similar argument with the Eurozone And why don't you fuck off you smug unintelligent prick. Firstly try spotting a humerous tangent when you see one. Secondly when you spout off about analogys try not using ione about a country in the shit because no one paid their taxes. Fucking internet forums let any dozy prick on these days.
  20. Can I just say the club doesn't owe Mike Ashley any fucking money. I bought a car for £2,500 I have spent lets say for arguments sake £1,000 on petrol and servicing and such. Does the car owe me money? No cos it's my fucking car if I didn't want to spend money on it I shouldn't have bought the fucker. I also don't expect to make all my money back on it either. However if I had bought a bentley or ferarri at a knackers yard and spent say £10,000 pound on it doing it up the car still wouldn't owe me any fucking money but because I had returned a past great car to glory I could look forward to making money on it. Not however if I had been conned into paying three times what the original car was worth however. But that would have been my fault and I should learn to live with it not bleat on about it all the time.
  21. What about Gangs of New York, The Godfather and all that shit though? They are both a bit fictionalised though well the godfather is out and out fiction the gangs of new york fictionalised.
  22. We are not commenting on this much the SMB's at RTG have the same amount of pages on our match.
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