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Old 17th Aug 2012, 08:21
  #725 (permalink)  
silverstrata
 
Join Date: Mar 2010
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Skippy:


We now have five year fixed term Parliaments. Not sure if Mail Online's US version covered that.....

And you purport to live in the UK?

The Fixed Term Act does not come into force until 2015, and we are in 2012. And even when it does come into force, a new election can be called if the PM loses his/her authority or 2/3 of the Commons votes for one. Thus Boris can still agitate and cause a new election - although he is unlikely to do so as that would lose support among Conservatives. He will bide his time, and strike when Fortuna determines the time is right.




Skippy:

Yes there is, adding even more debt to our kids by spending collosal amounts of money we haven't earned.

Err, you are not much good at economic either. Q.E. does not add to debt, it inflates the money supply, resulting in inflation. But the advantage of doing this, is you end up with assets that will pay for themselves and pay for that inflated money supply in future decades.

However, if you use that Q.E. money to create towns and airports that are never used (as in Spain), then it is a waste that will burden future generations. And if you use that Q.E. money to pay Banksters to waste yet more of our money, then it is also a complete waste that will burden future generations.

But if you use that Q.E. money to create the world's busiest and most profitable airport (in the Thames Estuary), then it is not a waste at all, it becomes an asset that will fund future generations for a century or more.


You are not in business, Skippy, I know from your comments. But why do you think that large corporations will often borrow money (that heinous sin) to build massive new factories? Do you think that doing so will immediately bankrupt any company?? What do you think, eh? Why do you think that the world's most successful companies have all borrowed money at some point in time?

Borrowing only leads to ruin when you spend that money on the current account (on wages and administration costs etc), just as the financially irresponsible New Labour government did for the UK during the naughties. That will bankrupt any company or nation. But if borrowing is used on capital infrastructure, and that infrastructure is successful, then the company/nation will likewise be successful. Its basic economics, although I doubt you will understand.




Skippy:


You are suggesting we give Boris control of Trident silverstrata. Really?
Boris may act the buffoon, but he has forgotten more than Cameron has ever learned. Cameron came out of Eton thinking the world is a fluffy idealistic paradise, full of fluffy huskies and wind turbines that can power industry even when the wind is not blowing. Boris came out of Eton knowing the realities of history, which is why he styled himself as a Cincinnatus, who may have to lay down his plough and fight for the nation.

I would rather we had Cincinnatus fighting our corner, than an idealistic Tele-tubby with a turbine on his green house.




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Last edited by silverstrata; 17th Aug 2012 at 08:36.
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