Ask George Osborne your questions on the economy
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All Comments (101)
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@rexeric, It's "Osborne" - do you know anything about The Conservatives?
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It is possible and is necessary, to sum up, looking in the past and the future, steps of conservatives in stabilization of economic questions of a survival are justified? How to return the lost positions, how to normalize all financial questions, how to build inside and outside a policy, how to return influence in the world?
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Gee George with all these cuts why aren't you cutting banker bailouts?
Tell me George how many new banks have been created in the UK since the banker bailouts?
Tell me George is the fiat money banking system not just an extortive monopoly?
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I'm not defending 20th/21st century British policy (which contrary to your protestations of allowing 'outsourcing' AKA free trade is in fact very much Neo-Mercantilist) but to attack the lack of British made things in itself is pointless. There are reasons why we might be made artificially less productive, such as trade unions forcing people out of work and regulations preventing production etc but getting cheaper things from abroad helps us & we can always produce what others do not or less so.
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Why are hedge funds fraudulent? As for Fractional Reserve Banking, it's just loans to banks. What's fraudulent is that, for the sake of killing hoarding and socialising investment, we are not allowed to save but in fiat money (just try coining and circulating gold without being arrested) so its inflation twists our arms to lend to the inflators as they can make our demand to spend the money increase so they have more bargaining power to feed us low rates. TRUE free markets wouldn't have much FRB
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Osborne is totally unqualifed to run the economy. He never formally studied economics and has no experience. His knowledge of economics is equipment to those of a first year undergraduate student. We need a professional not an intern.
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The country can't be that bad under Labour, most of the rest of the world seem to want to come here.
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I can well imagine your anger, and I have nothing but sympathy for your plight, but IMO, you should direct your anger at those ultimately responsible. The Labour party left this country in such a god aweful mess in the 70's, and it took many years of restructuring in order to put the country back on its feet, paid for by people like you unfortunately but blame the unions for that. The country was in great economic shape when Blair took over, best in the developed world - now look at it.
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Thats right, you want to borrow? pay the price...15 - 20%. You want to SAVE however, you get an interest rate of 12 - 16%, Did you consider that? Typical socialist thinking to look at only one side of the balance sheet. All they have EVER done, is spend spend spend. They throw money at everything at the expense of those among us who care to be more prudent. They encourage a sponging worthless society and always have, under the guise of helping the underpriviledged. Bah! Humbug.
Why do so many people make comments against George Osbourne before reading the in depth draft manifesto on the Conservative website. They sound like ignorant idiots who are the reason why we are in a such a bad way because they voted Labour.
It is Brown and his Government who are at fault and failed to set stringent enough regulatory requirements for the banks. The fact that the regulations did not ensure that the banks had sufficient capital in extremis was down to Brown.
QED
rexeric 2 years ago 12
Rather these guys than the socialist twats of the last odd decade. Labour fuck things up, the Tories come in and clean up then Labour gets back in and fucks things up again, and so it goes on. Before the smart comments, I am old enough to have witnessed this cycle with my own eyes. Gordon Brown and his party of social misfits are a nightmare, can't wait for his inevitable annihilatiion at the next general election, champagne will be flowing!
nsmith999 2 years ago 8