Jeremy Corbyn

New Topic
This topic has been archived, and won't accept reply postings.
 Yanis Nayu 12 Sep 2015
He's only gone and done it!

Be interesting to see how that pans out.
In reply to Yanis Nayu:

I agree, very interesting.
59.5% pretty conclusive result.

In reply to Yanis Nayu: And at 4.5% Liz Kendall got for more votes than she deserved. At least she had the grace to laugh when the result was read out.

1
 Skip 12 Sep 2015
In reply to Yanis Nayu:

Al last we have a chance.

Al last an actual Labour person leading the Labour party.
2
 Oceanrower 12 Sep 2015
In reply to Skip:

> Al last we have a chance.

> Al last an actual Labour person leading the Labour party.

And the Conservative Party have even more of a chance!
22
OP Yanis Nayu 12 Sep 2015
In reply to Yanis Nayu:

I think his strong opposing view to the status quo (which seems to be a significant move to the right, to growing inequality and toward the wishes of big business) will act to bring the national view more toward the centre, even if he doesn't get elected. I don't think I've explained that very well.
 Skip 12 Sep 2015
In reply to Oceanrower:

> And the Conservative Party have even more of a chance!

So what to do, continue with the "Tory lite" approach thus giving the electorate no real choice. Continue going against core Labour values in a misguided attempt to gain power.
1
 skog 12 Sep 2015
In reply to Yanis Nayu:

It's remarkable share of the vote for the first round of a four-candidate election!

With only 15% of MPs nominating him, and some of those doing so grudgingly, has the elected party ever been more out of step with the membership?

This is fascinating to watch - there are so many ways it could pan out.

I'm not convinced by all the doom-mongering for Labour, as it looks like Corbyn has harnessed similar energy and support to that which saw the SNP take Scotland from Labour.

However, it's not clear whether or not that would be enough to carry a general election vote in England (and at 82% of the UK seats total, that is very likely to be what matters). There's a lot of talk about winning the middle ground being the critical thing - but as far as I can see, for a majority, it is necessary to win the middle ground PLUS much of either the left or the right - so Labour do need to win back the left.

Then there's the matter of whether Labour will now try to depose Corbyn from within - or even split to form a socialist party and a social democratic one - the social democrats aren't keen on Corbyn at all.

So much will depend on whether he turns out to be a credible leader, or whether he's more of the bumbling fool the right-wing press would have us believe. We'll see!
OP Yanis Nayu 12 Sep 2015
In reply to skog:

I thought his speech was pretty impressive.
 summo 12 Sep 2015
In reply to Oceanrower:

> And the Conservative Party have even more of a chance!

Big party in Tory hq tonight, celebrating being in power until 2025.
11
 skog 12 Sep 2015
In reply to Yanis Nayu:

Also, for those who haven't yet had this pointed out - with Tom Watson having won the deputy leadership, Labour are now being run by Tom and Jerry...
 Oceanrower 12 Sep 2015
In reply to summo:

I suspect he will do better than the Tory Party would think.

And not as well as the Labour Party would like.
 skog 12 Sep 2015
In reply to Yanis Nayu:

I like him - he seems to actually be quite honest, and say what he thinks rather than what he thinks people want to hear.

This may prove to be electoral suicide, of course, but it just might be what a lot of people are looking for just now.
OP Yanis Nayu 12 Sep 2015
In reply to summo:

Do you think Andy Burnham would have won an election? I'm not sure I do. I think Corbyn's separation from the Tory position will act to moderate their excesses and that would be better than having someone leading Labour who loses an election more narrowly. I hope so anyway.
 Skip 12 Sep 2015
In reply to skog:

Labour do need to win back the left.

Which is why they lost the last election. Loads of Labour supporters couldn't have voted for Labour as they were no longer Labour.

OP Yanis Nayu 12 Sep 2015
In reply to skog:

> This may prove to be electoral suicide, of course, but it just might be what a lot of people are looking for just now.

I think people are sick of slick, professional politicians, which is why Boris Johnson and Nigel Farage are so popular.
1
 skog 12 Sep 2015
In reply to Yanis Nayu:

Yes, agreed. If Corbyn can harness that and hold on to it, and if Labour can win back some of the middle ground too, things might get interesting.
Clauso 12 Sep 2015
In reply to Yanis Nayu:

Great news. I'm off down the food bank to celebrate.
1
 gethin_allen 12 Sep 2015
In reply to Yanis Nayu:

It's pros and cons.
At last the party have a charismatic leader who can string two sentences together and is not going to get picked on for stupid things like eating a bacon sandwich.

The cons being that he represents the noisy minority and I doubt people will trust him with things like defence and pensions.
The left don't handle well the difficult decisions where head has to overcome heart.
listening to various debates on R4 the issue seems to be that the people that are likely to vote for a party lead by him all live in the same constituencies so baring a change to PR voting they'll end up losing with massive majorities in fewer seats.
2
 skog 12 Sep 2015
In reply to gethin_allen:

> The cons being that he represents the noisy minority and I doubt people will trust him with things like defence and pensions.

> listening to various debates on R4 the issue seems to be that the people that are likely to vote for a party lead by him all live in the same constituencies so baring a change to PR voting they'll end up losing with massive majorities in fewer seats.


Maybe.

A lot could depend on who he picks for his team, on how balanced it is. It doesn't have to all be about Corbyn.
In reply to skog:

> Maybe.

> A lot could depend on who he picks for his team, on how balanced it is. It doesn't have to all be about Corbyn.

It has been recently.
In reply to Yanis Nayu:

On the plus side, he clearly has enormous leadership qualities, and a razor-sharp mind. The problem is: will his ideas appeal to a large enough swathe of the electorate? At least, however, it means that we shall almost certainly have an effective opposition at last.
1
 John_Hat 12 Sep 2015
In reply to skog:

Agreed. I think there has been an element of "groupthink" that a left-leaning Labour party is unelectable because the current voters tend to the centre ground. There is talk about marginal constituancies and the swing required and can Corbyn deliver this.

What this ignores is many left-leaning voters (myself included) had a poor choice in the last election between Tory, Tory-lite, and Lunacy (being Conservative, Labour and UKIP respectively). Many as a result may not have voted (I did, by the way).

If Corbyn can reactivate millions of left-leaning voters who have stopped voting as there was no choice available for them then I actually think 2020 is perfectly winnable. The conservates won the last election on a very narrow margin on a very low percentage of the overall vote. It's notable that the Labour leadership contest has re-energised a lot of the previously democratically athiest.

If I was in the conservative party I would be looking at the 34% of people who didn't vote in the last election and be getting a bit nervous.
 Offwidth 12 Sep 2015
In reply to gethin_allen:

I think he makes Labour completely unelectable in a general election unless there is some major event like another world financial, crisis that knocks the normal electoral process well off kilter. He seems very honest but in effect his politics are broadly no different from Tony Benn and as a bonus has some pretty dodgy 'friends', in Hamas and Hezbulah and the Trots (who will be playing entryism all over again in labour, just like they do in the unions). Having a leader that speaks the truth but allows the conservatives an easy electoral ride to pursue more of their ideology will be a disaster for the country. Its like the party has given up on the painful reality of political compromise required in elections and government and believes in tooth faries.

Mind you I'm unfashionable in that I thought Liz Kendal did OK with what she wrote and said, and the result for her was inevitable given the shit hand she had to play... being a pretty unknown blairite is hard given how Blair was never that liked in the party ranks and in the public view sullied the ideals of the labour centerists by the actions in government (esp with Iraq).
10
m0unt41n 12 Sep 2015
In reply to Offwidth:

Labour are going back to their roots.
It's just that they are going to dig a bloody great big hole first.
 Ridge 12 Sep 2015
In reply to Gordon Stainforth:

> On the plus side, he clearly has enormous leadership qualities, and a razor-sharp mind. The problem is: will his ideas appeal to a large enough swathe of the electorate? At least, however, it means that we shall almost certainly have an effective opposition at last.

Not necessarily. The opposition won't be effective if it's riven with disputes. According to R4 Corbyn has been at odds with the 'party line' on something like 500 occasions. What happens when the bulk of the party are at odds with him?

I think it's good to have a left wing, rather than centre right, party in Parliament as a counterpoint. However I'm unsure if Lobour is now electable. They may end up as a left wing version of UKIP. Not as hard left as the SWP, not someone people would necessarily want running things, but saying something that chimes with a lot of people and that the other parties are studiously ignoring. UKIP moved the other parties to the right on immigration. Labour under Corbyn may move the other parties to a more anti-austerity, pro NHS/education/social services position than at present, which would be no bad thing. However I think the LibDems will capitalise on this, not Labour.
 Offwidth 12 Sep 2015
In reply to Gordon Stainforth:

His leadership qualities are completely untested... its going to be interesting to see how the most rebellious of the current labour MPs will control his own party. The election was a public beauty contest with three pretty bland realists from variants of a failed status quo against a straight talking optimistic outsider. The party has inflicted this on itself by not being open on key issues that form many of Corbyn's most popular views and are anything but extreme; I can hardly think of anyone who, defends Blair over things like Iraq or Ecclestone. Modified Keynsian economic views about austerity politics may well still be the dominant position of world experts.
In reply to Ridge:

We obviously have to wait and see. We still don't really know what he will be like now he's in power. The biggest test will be if or how he manages to unite the Labour Party. A nearly impossible job, but he may surprise us yet.
 gethin_allen 12 Sep 2015
In reply to skog:
"It doesn't have to all be about Corbyn."

If only people could look beyond the figurehead of a party.

The lib dems were slaughtered at the last election because of Clegg I believe, Labour lost a lot of votes because of the perceived incompetence of the leader, when in reality there are/were a lot of very clever sensible people in the parties with real intentions to do good things.
Instead we got the conservatives and far too many SNP MPs; we've got to do something about the electoral system, how can so many votes result in so many MPs?

 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:

> On the plus side, he clearly has enormous leadership qualities, and a razor-sharp mind.
>

He what? How do you work that out?
3
In reply to Gordon Stainforth:

>he's in power

In what?? Did I miss a general election?

jcm
In reply to johncoxmysteriously:

No, I meant in power in his party, of course.
In reply to gethin_allen:

>we've got to do something about the electoral system,

Given that only the electoral system saved us from having God knows how many UKIP fruitcakes as MPs, it strikes me that changing it is the last thing any person of sense should be proposing.

jcm
Moley 12 Sep 2015
In reply to Yanis Nayu:

I care little for politics or the Labour party, but I have a feeling that with many labour MPs coming out against him as leader, perhaps they know more about his abilities and potential than the Labour supporting public.
We shall see what happens, but I would lay money on him not being elected ever as PM, a 70 year old Corbyn as leader of the UK, I don't see it.
 Skip 12 Sep 2015
In reply to johncoxmysteriously:

> >we've got to do something about the electoral system,

> Given that only the electoral system saved us from having God knows how many UKIP fruitcakes as MPs, it strikes me that changing it is the last thing any person of sense should be proposing.

> jcm

Prior to the election I was very pro PR. If it had been used we would now be in a lot more trouble than currently.
 dek 12 Sep 2015
In reply to skog:

"Labour are now being run by Tom and Jerry..."

AKA....The Marx brothers...

 Roadrunner5 12 Sep 2015
In reply to Postmanpat:
I'm not sure he will be effective, we have to see what his policies are, am unpopular Labour Party will just be no opposition. He's also got to unite the party quickly or at least publicly look as one.
 Baron Weasel 12 Sep 2015
In reply to the 'Labour are now unelectable':

Go throw yourself in the sea!

I know that I am not alone in thinking for the first time that I might vote labour next time round...

1
 Postmanpat 12 Sep 2015
In reply to Roadrunner5:

> I'm not sure he will be effective, we have to see what his policies are, am unpopular Labour Party will just be no opposition. He's also got to unite the party quickly or at least publicly look as one.

I just can't imagine what the evidence is for him having a "razor sharp mind". Academically he peaked at 2 "Es" at A-level and has spent the 50 years since trotting out a tired pick and mix of leftist cliches.
6
 Fraser 12 Sep 2015
In reply to Yanis Nayu:

If he ever becomes Prime Minister (and I seriously doubt he will) I just can't imagine him representing Britain on the international arena. I may be proved wrong but either way, it'll be very interesting to see this one run its course.
1
 Ridge 12 Sep 2015
In reply to Baron Weasel:

> Go throw yourself in the sea!

> I know that I am not alone in thinking for the first time that I might vote labour next time round...

A Labour victory is assured then.....

One view I heard, and I can see the sense in it, was that a lot of hopes are being placed on Corbyn engaging a lot of disaffected people who have never voted before and are alienated from politics. I can see how that works. However the point was made that a lot of those potential voters live in the sort of deprived area that already votes predominantly Labour anyway. Hence there may be a lot more votes for Labour in those areas as a result, but no additional seats.
In reply to Offwidth:

> and as a bonus has some pretty dodgy 'friends', in Hamas and Hezbulah

Which is no different to Blair who was mates with Gadaffi and Thatcher who was bezzies with Gen Pinochet. Are Hamas and Hezbollah actually his friends (and what does that term mean in the way you're using it), or is it a misrpresentation of what actually happened by the media?
1
Wiley Coyote2 12 Sep 2015
In reply to Yanis Nayu:

Well I guess it's another lesson that what we learn from history is that we never learn from history.

In my time Labour has tried three and a half left wingers - Foot, Kinnock, Brown and Miliband - and lost every time. They tried a centrist -Blair - and won three times in a row. Yet somehow they have managed to convince themselves that the secret of success is someone even more left wing than the previous bunch of losers. You really could not make it up.

What's that
definition of insanity? Something about doing the same thing and expecting a different result.
2
 Roadrunner5 12 Sep 2015
In reply to Wiley Coyote:

> Well I guess it's another lesson that what we learn from history is that we never learn from history.

> In my time Labour has tried three and a half left wingers - Foot, Kinnock, Brown and Miliband - and lost every time. They tried a centrist -Blair - and won three times in a row. Yet somehow they have managed to convince themselves that the secret of success is someone even more left wing than the previous bunch of losers. You really could not make it up.

> What's that

> definition of insanity? Something about doing the same thing and expecting a different result.

Exactly.. Using Tory light as some sort of insult of anyone who is left centre is also silly and inaccurate.
1
 gethin_allen 12 Sep 2015
In reply to johncoxmysteriously:

"> Given that only the electoral system saved us from having God knows how many UKIP fruitcakes as MPs,"

A lot of people don't agree with conservative party policies and see many of their MPs as fruitcakes so can we devise a system that blocks them from having any part in politics.

Although we may not agree with them it's not really democratic to use process to block people having a say.

 The Ice Doctor 12 Sep 2015
In reply to Wiley Coyote:

Whatever, the guy is a breath of fresh air, with different views, offering alternatives and a real choice. I hope he is more in touch with the common man as opposed to a bunch of etonians whose apron strings are firmly attached to the establishment and business elite. What does it matter how many a levels he has. If you believe everything the media pump out at you, you are being conned anyway imho. Mostly fearmongering.
2
 Postmanpat 12 Sep 2015
In reply to Roadrunner5:

> Exactly.. Using Tory light as some sort of insult of anyone who is left centre is also silly and inaccurate.

It seems that Corbyn is personally quite a pleasant chap, although he would appear to have a bit of a temper, but his supporters include the usual abusive leftist thugs who have been taking out it on their "Tory scum" comrades like Cooper and Kendall with their specialist brand of sexism. Not nice people.
4
 Trangia 12 Sep 2015
In reply to Offwidth:

> I think he makes Labour completely unelectable in a general election

I agree, I have voted Labour in recent years but there is no way I would continue to support the party if it moves back to the extreme left. Maybe the Liberals being more middle of the road will now see a revival at Labour's expense? You never know
2
 Grey area 12 Sep 2015
In reply to Yanis Nayu:

You know, I'm a firm Tory, always have been always will be. That said I think the Labour party has just done the country a grave disservice in electing a mediocre, naive and economic illiterate as their leader. Strong government comes from checks and balances, and one of those balances in parliament is that a strong opposition keeps the extremists of the governing party at bay.

This country has, for the recent past been centrist, libertarian and the government has, more or less mirrored that. That is why the Conservatives and Labour have migrated towards the centre - its where most of the votes are. Electing Corbyn will only serve to lower Labour's seats at the next election and allow the more radical elements of the Conservatives free rein to propose things that even I as a natural supporter (and member) will find unsettling.

So thanks for that.
2
In reply to Trangia:

> I agree, I have voted Labour in recent years but there is no way I would continue to support the party if it moves back to the extreme left. Maybe the Liberals being more middle of the road will now see a revival at Labour's expense? You never know

I hope so. It's certainly a big opportunity for the Liberals to try and reoccupy the centre.
 Roadrunner5 12 Sep 2015
In reply to Gordon Stainforth:

> I hope so. It's certainly a big opportunity for the Liberals to try and reoccupy the centre.

I said that on the other thread, which was disliked.

But it quite clearly has opened up the cente ground for the lib dems to step in. As grey says I think this will allow the Tories to go further to the right, labour have gone even further to the left and so the centre ground is there for the lib dems.
3
 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:

> I hope so. It's certainly a big opportunity for the Liberals to try and reoccupy the centre.

I like to think that it might kill off the hard left and allow for a new party of the left under the Liberal banner but it's probably wishful thinking.

Fantastic to see Burnham, the ultimate Nulabour man, now saying he's with Jezzer because the party needs fundamental change. Has he no shame?? Will probably end up as a Liberal, if not a Tory, if they stay in power. (Did you know he likes football, apparently)
2
 Postmanpat 12 Sep 2015
In reply to Grey area:


> This country has, for the recent past been centrist, libertarian and the government has, more or less mirrored that. That is why the Conservatives and Labour have migrated towards the centre - its where most of the votes are. Electing Corbyn will only serve to lower Labour's seats at the next election and allow the more radical elements of the Conservatives free rein to propose things that even I as a natural supporter (and member) will find unsettling.

>
Possibly, but the evidence so far is that the Tories see it as a chance to sweep into the centre ground. They already branding themselves as the "party of working people", and stealing Labour policies like the living wage. It'll make it very hard for Labour to recapture that ground if they need to.
2
Donald82 12 Sep 2015
In reply to Wiley Coyote:
> Well I guess it's another lesson that what we learn from history is that we never learn from history.

> In my time Labour has tried three and a half left wingers - Foot, Kinnock, Brown and Miliband - and lost every time. They tried a centrist -Blair - and won three times in a row. Yet somehow they have managed to convince themselves that the secret of success is someone even more left wing than the previous bunch of losers. You really could not make it up.

> What's that

> definition of insanity? Something about doing the same thing and expecting a different result.

I think you're looking at this a bit one dimensionally.

1. Moving to the centre is, generally, good for winning elections. But it also affects where the centre is. The tories don't look as disgustingly right wing as they are, because in contrast to the Labour party they weren't so much different. And, in this case, they have very little chance of winning with any of the other candidates. So they're shifting the debate without giving up too much in terms of electability.

2. As well as the left-right thing, there's the an anti-establishment/robotic politician thing going on. Maybe he's not quite as unelectable as people think.
Post edited at 14:51
 Roadrunner5 12 Sep 2015
In reply to Donald82:
They are very different. There's been a lot of reform under the Tories, as you'd expect. Plus very different stances on the EU til now..

However look at the states too.. Sanders, Trump, Carson..

Those with little front line political experience are coming out popular as people are fed up of the career politicians.
Post edited at 14:54
 mark s 12 Sep 2015
In reply to Yanis Nayu:

as a union member,this is good news. right wingers are trying to make a joke out of it. that is because they are scared
1
 Roadrunner5 12 Sep 2015
In reply to mark s:

> as a union member,this is good news. right wingers are trying to make a joke out of it. that is because they are scared

I really don't think that is true. As someone who is anti-Tories I just do not think this will scare them at all.
 Postmanpat 12 Sep 2015
In reply to mark s:
> as a union member,this is good news. right wingers are trying to make a joke out of it. that is because they are scared

LOL, they currently think it's a magnificent own goal. There is a chance, as Donald points out above, that the anti-politics vote might just be enough to give Corbyn a head of steam but I'm sure the Tories currently view that as a very small outside chance.

Of course, given that the whole political and media establishment thought his chance of the Labour leadership were non existent, he shouldn't be written off.
Post edited at 15:06
2
Donald82 12 Sep 2015
In reply to Roadrunner5:

Not from a public perspective, because labour chose not to challenge tory deficit nonsense
 Postmanpat 12 Sep 2015
In reply to Donald82:
> Not from a public perspective,
>

What do you mean? (what are you replying to?)
Post edited at 15:18
2
 GrantM 12 Sep 2015
In reply to mark s:

> as a union member,this is good news. right wingers are trying to make a joke out of it. that is because they are scared

Labour need to gain Tory seats if they want to win the next election, and I doubt that any Tory MPs will be scared now that Corbyn is Labour leader.
2
 abr1966 12 Sep 2015
In reply to Postmanpat:

> I just can't imagine what the evidence is for him having a "razor sharp mind". Academically he peaked at 2 "Es" at A-level and has spent the 50 years since trotting out a tired pick and mix of leftist cliches.

And that's your evidence for refuting a statement pertaining to how '.....sharp..' he is?! Quoting A level grades....the prospect of a left wing country must really be twitching you!
 OwenM 12 Sep 2015
In reply to Grey area:

> You know, I'm a firm Tory, always have been always will be. That said I think the Labour party has just done the country a grave disservice in electing a mediocre, naive and economic illiterate as their leader. Strong government comes from checks and balances, and one of those balances in parliament is that a strong opposition keeps the extremists of the governing party at bay.

So, how is having an opposition who just agree with what ever the Tories say giving any kind of check or balance? They've done nothing for the last five years that's why no one voted for then. If all parties are crowded into the center ground saying exactly the same thing then we've effectively become a one party state.

 Offwidth 12 Sep 2015
In reply to Frank the Husky:
I have had to work with trots who know and supported Corbyn from the beginning, who are almost the opposite of any labour ideals I know although they do have sympathisers at the far left of the party. The trot led political group, the SWP, actively support these terrorist organisations. Corbyn spoke at their co-organised rallies. I guess they don't publisise it in the leadership campaign as in typical far leftist fashion they think the public are too dumb to understand. This isn't media distortion Corbyn admits most of it. He has said the more extreme things things like the call for Iraqis to kill invading troops (including UK soldiers) was because not all views published aroud the Stop the War coalition (that he led) were supported by him.

I've grown to feel the SWP are a really dangerous cult like group who have always used organisations of the left as hosts and twisted democracy based on the idea that the electorate is an uninformed plebescite to be led on simple enough sloganism within a russian doll model where only those who are actively involved enough at each layer deserve asay and full knowledge. Their history and that of sister organisations, like Militant, is a littany of entryist dishonesty, extreme bullying and complete apologism for bad behavior of the leading committee members who rule the roost ( like the SWP rape scandal ). The treatment of those who abandoned the absolute discipline of the SWP is especially nasty. A handful of labour MPs havent complained much when the well funded and disciplined SWP and affililated activists support their own ends.

Corbyn has refused to answer questions on some of his more odd links on the recent Panorama and elsewhere and fudged others ...so much for full honesty...he shares that trait with all politicians. On the Thatcher and Blair points mulitple wrongs don't make a right but they were both avowed pragmatists (liars when needs must), as opposed to a beacon of truth.
Post edited at 15:56
5
 Postmanpat 12 Sep 2015
In reply to abr1966:

> And that's your evidence for refuting a statement pertaining to how '.....sharp..' he is?! Quoting A level grades....the prospect of a left wing country must really be twitching you!

The prospect of a left wing country horrifies me, vanishingly unlikely though it is.

I was asking for evidence of his intelligence. Obviously academic evidence would be one place to look for that but I drew a blank. So I pointed out that he doesn't appear to have said anything notably intelligent in the 50 years so that drew a blank.

Where else do you suggest we look?
5
 Postmanpat 12 Sep 2015
In reply to Offwidth:

> Corbyn has refused to answer questions on some of his more odd links on the recent Panorama and elsewhere and fudged others ...so much for full honesty...he shares that trait with all politicians.

Worth looking at some of his organisational team, notably Simon Fletcher who was (and quite probably still is) a member of the trotskyite "Socialist Action" group which was a very low profile entryist group from which Livingstone drew much of his core management team. (Fletcher also worked for Milliband). Then there is Andrew Murray, the Chief of Staff and possibly the real power at Unite and still, I think, a member of the Communist party. Like several of them, he came through the far left Stop the War link.

Folk like this play the long game and can finally sniff power. Watch this space.
3
 FesteringSore 12 Sep 2015
In reply to Postmanpat:

> The prospect of a left wing country horrifies me,

Why's that? Surely you relish sky high taxation, ever increasing public spending, a "cut to the bone defence policy, a Putin/Hamas/Al Qaeda/Jihadist/Taliban orientated foreign policy, a union led stranglehold on industry, zero investment. Lovely, just like the sixties and seventies.
 Offwidth 12 Sep 2015
In reply to Postmanpat:

I honestly don't think thats very relevant... he is clearly bright enough even if he comes over very much as a marketised Benn Lite. Many world leaders were pretty average intellects with clever people behind them and some of the cleverest people I've met would be some of the scariest I could imagine if they ever got near any power.
 Postmanpat 12 Sep 2015
In reply to Offwidth:

> I honestly don't think thats very relevant... he is clearly bright enough even if he comes over very much as a marketised Benn Lite. Many world leaders were pretty average intellects with clever people behind them and some of the cleverest people I've met would be some of the scariest I could imagine if they ever got near any power.

Probably true. I was just wondering what on earth made Gordon think he is "razor sharp".
My impression so far is that outside his area of special interest, which appears to be Palestine, he is just, somewhat uncritically, adopting off the shelf policies of people like Richard Murphy.
3
 Postmanpat 12 Sep 2015
In reply to FesteringSore:

> Why's that? Surely you relish sky high taxation, ever increasing public spending, a "cut to the bone defence policy, a Putin/Hamas/Al Qaeda/Jihadist/Taliban orientated foreign policy, a union led stranglehold on industry, zero investment. Lovely, just like the sixties and seventies.

Good to see he has so many new ideas. Happy days, indeed!
3
 summo 12 Sep 2015
In reply to OwenM:

> . If all parties are crowded into the center ground saying exactly the same thing then we've effectively become a one party state.

I would agree that diversity is desirable in politics. But, clearly the labour model of old is either not needed anymore, or population don't want it. In the last election if people didn't want labour when it was a little left of the tories, they didn't want Libdem when they were a little bit further left, why is anyone going to vote for labour when it goes a million miles left of the tories? They might have quite a lot of seats now, but there won't be some many for them in 5 years time.

So it's a choice between labour following it's 100 year old roots and having very few MPs, or representing the views of the people who vote for it. Either way it doesn't matter, half his senior bods have resigned and gone to the back benches already, so he's hardly going to unite the party. He'll be gone before the 2020, the wise MPs who were in the shadow cabinet have jumped away from him, so when it comes crashing down they aren't associated with him, then they'll leap out and try to save labour in a few years time.
2
 abr1966 12 Sep 2015
In reply to Postmanpat:

> The prospect of a left wing country horrifies me, vanishingly unlikely though it is.
Well i'll enjoy that prospect! I don't actually believe he will be leader when the next election comes along.....it'll be someone like Tristram Hunt or an equivalent but i do think he will facilitate debate, scrutiny and broaden the rangw of expressed opinion within the labour party. He will, hopefully, form an effective opposition which has been significantly absent and when someone else takes over pre election there will be more substance than the vacuous media focused rubbish we are being offered currently across the whole political spectrum.







> Where else do you suggest we look?

 summo 12 Sep 2015
In reply to Yanis Nayu:

As an aside, dead ringers (R4), does a spoof phone call every week, this week they pretended to be JC calling a Saville Row tailors for a new donkey jacket and string vest.
2
 dek 12 Sep 2015
In reply to summo:

Never mind....'At least the trains, will run on time'..
 Postmanpat 12 Sep 2015
In reply to summo:

> As an aside, dead ringers (R4), does a spoof phone call every week, this week they pretended to be JC calling a Saville Row tailors for a new donkey jacket and string vest.

I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!
5
 Offwidth 12 Sep 2015
In reply to mark s:
Why on earth would conservatives be joining up as friends of labour for £3 to vote for Corbyn if they were scared of him? I've worked for decades as a moderate in my union including national level work and I think anyone directly linked to trots simply can't be trusted. I'd love to be wrong about Corbyn that he could genuinely move and embrace the political centre ground but I just can't see it. The conservatives are scared the truth about things like austerity and increasing inequality will get out but Corbyn is the very easiest target to deal with in pushing their false orthodoxy through a Parliamentary majority with a largely compliant press (way too left for the Guardian so just think what papers support him?). The damage this government is going to for disadvantaged minorities is bad enough, imagine what they could do next time with an even larger majority. Elections are won in the mid-ground and mid ground politics in normal times moves slowly... Owen Jones (a supporter of JC) said today the election was the easy bit, the hard work of convincing the electorate is now starting (I'd say its a near impossible task unless disaster strikes). Even if he does win because of timing in some unexpected economic slump, look at what became of Tsipras... blind leftist popularism and optimism dug an even deeper hole in, from a leftist perspective, the same depressing structures.
Post edited at 16:38
1
 felt 12 Sep 2015
In reply to Postmanpat

> Folk like this play the long game and can finally sniff power. Watch this space.

Yes, reminds me of Philip "the Undertaker" Hammond some years back.
 MonkeyPuzzle 12 Sep 2015
In reply to Offwidth:

Looking at the results, not including Registered Supporters and Affiliated Supporters, just under half the membership voted for him, well over twice as many as for any other candidate. Puts claims of entryism to bed as far as I can see.

http://www.labour.org.uk/blog/entry/results-of-the-labour-leadership-and-de...
 dek 12 Sep 2015
In reply to Postmanpat:

> I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!

What could go wrong? ...a thin skinned, teetotal vegetarian, with dodgy facial hair, and whose BFFs in the Middle East, call for exterminating Jews, and want gender segregation.....
2
 Postmanpat 12 Sep 2015
In reply to dek:
> What could go wrong? ...a thin skinned, teetotal vegetarian, with dodgy facial hair, and whose BFFs in the Middle East, call for exterminating Jews, and want gender segregation.....

I still think he may have been invented by central casting on the basis of reading Dave Spart in Private Eye and "The History Man"
Post edited at 16:41
2
 Timmd 12 Sep 2015
In reply to Postmanpat:
Was wondering if you'd heard about JC having gained the approval of 40 economists recently?

(I don't know what I think of JC...)
Post edited at 16:43
KevinD 12 Sep 2015
In reply to Postmanpat:

> I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!

Why on earth would they? Since everyone, outside of the rabid right, would have noticed them taking the piss for many years now.
 Offwidth 12 Sep 2015
In reply to MonkeyPuzzle:

Militant won public elections in labour controlled areas and they were entryists; are you really that niave? Corbyn isnt a trot, he is just supported by them as he is a step towards the revolution and they hope the door to labour seats will open again. Hardly any of those voting for JC are the middle of the road votors in swing constituencies that will stop the tories winning again and most of those that are just dont understand his politics yet (and boy will the press make them know in the next few years).
 summo 12 Sep 2015
In reply to Postmanpat:

> I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!

I liked Andy Murray wanting to release a record(his mum's advice) and phoning a record label the best one so far.


3
 summo 12 Sep 2015
In reply to KevinD:

> Why on earth would they? Since everyone, outside of the rabid right, would have noticed them taking the piss for many years now.

I just wish they'd brought spitting image back, the past 5 years would have been so much more entertaining.


 summo 12 Sep 2015
In reply to dek:

> Never mind....'At least the trains, will run on time'..

you'll be lucky with Corbyn and unions together, the drivers won't even get out bed for a £100k a year.
5
 Offwidth 12 Sep 2015
In reply to Timmd:

That is a rather a red herring (get it.... . They denied his economics were as barking mad as portrayed by Osbourne et al and all good Keynsians despair about austerity economics, including quite a few of a conservative bent. I think Corbyn is spot on about austerity economics being wrong (if remaining very unconvinced about his solutions: QE and magic levels of tax recovery) and some other middle ground headline policies the other labour candidates lacked courage with... it's the small print of his Bennite position that is the problem.
In reply to Offwidth:

I think you're being a bit hasty. As I said before, we just have to wait and see. One never knows what a leader is like until he's actually in power (i.e become leader) - the next few weeks will tell. He could be a complete disaster (as most expect), but he could just surprise us all. Examples in recent history were a) Gordon Brown who seemed so strong in opposition, just seemed to melt away once he was PM. Seemed scared on steps of Downing St and it went downhill from there. b) John Major - few took him seriously, but he turned out to be an unusually able PM. c) Ed Milliband. I think few anticipated just how bumbling a leader of the Labour Party he would turn out to be.

Wise tweet from Nick Hurd MP, that I retweeted on my website:

Congrats to @jeremycorbyn on stunning victory. Caution my party against complacency. Cocky Tory always a bad look. #one nation
 Timmd 12 Sep 2015
In reply to Offwidth:

Aah, I see. It would be a red herring.
 Postmanpat 12 Sep 2015
In reply to KevinD:

> Why on earth would they? Since everyone, outside of the rabid right, would have noticed them taking the piss for many years now.

I meant that the luvvies are going into meltdown over Jezzer's win. Higher taxes? May have to lay off the Bulgarian maid and cut back on the weekends in Tuscany.

Jezzer Hardy, of course, hardly has time to appear for scribbling anti-socialist "humour"

2
 Timmd 12 Sep 2015
In reply to Postmanpat:
> I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!

The BBC comedy shows have mocked Labour before you know?

The buckle for your blinkers is round the back of your head.

& :-p too etc
Post edited at 16:56
 neilh 12 Sep 2015
In reply to Offwidth:
A good perspective . What's your view on john cruddas saying the Labour Party has to learn to rehabilitate Tony Blair?
Post edited at 16:56
 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:

> b) John Major - few took him seriously, but he turned out to be an unusually able PM.

He was widely regarded at the time a failure. It's with hindsight that people are beginning (correctly) to reassess.

> Wise tweet from Nick Hurd MP, that I retweeted on my website:

> Congrats to @jeremycorbyn on stunning victory. Caution my party against complacency. Cocky Tory always a bad look. #one nation

Agree with that.
2
 Postmanpat 12 Sep 2015
In reply to Timmd:

> The BBC comedy shows have mocked Labour before you know?

>
Tokenism
2
 summo 12 Sep 2015
In reply to Gordon Stainforth:

> . c) Ed Milliband. I think few anticipated just how bumbling a leader of the Labour Party he would turn out to be.

you are joking, the writing was on the wall even when both brothers were in the race for leadership still.
2
 MonkeyPuzzle 12 Sep 2015
In reply to Offwidth:

> are you really that niave?

Possibly, or maybe just not as hysterical as some.

>Hardly any of those voting for JC are the middle of the road votors in swing constituencies that will stop the tories winning again and most of those that are just dont understand his politics yet.

I don't think many middle-of-the-road or swing voters tend to vote in party leadership elections full stop.
 MonkeyPuzzle 12 Sep 2015
In reply to neilh:
> A good perspective . What's your view on john cruddas saying the Labour Party has to learn to rehabilitate Tony Blair?

I don't think they've done the punishment bit properly yet.
Post edited at 17:08
 Offwidth 12 Sep 2015
In reply to neilh:
?. as in something like compulsory community service (street cleaning etc).. I'd love it. Its New Labour not Blair that needs rehabilitation but look what happened to the relatively untainted Liz. Labour have just rebooted the same soul searching and 'return to the roots' nonsense that led to the election of Foot, who although not as electable as other choices at least stood a vague chance during Maggies maddest phase (pre-Falklands) whe the unions were a lot bigger and more powerful. the centre has drifed a good bit right since then and the Unions have been pretty battered in membership and legal terms.

Isn't it funny that Cruddas was once regarded as being a bit left for labour... I certainly have more time for him than most of them. He did a lot of useful internal work pragmatic work on tactics in the party, that mostly got ignored.
Post edited at 17:13
 neilh 12 Sep 2015
In reply to Offwidth:

His interview on R4 was interesting. I believe he is of the opinion that being anti austerity is not good electorally . Is that your take on his views. ?
 jasonC abroad 12 Sep 2015
In reply to Yanis Nayu:

Listening to a pundit on the TV, he compared his election to that of Margaret Thatcher, who was not expected to win, as Corbyn wasn't at first, but she went on to change her party completely. It was also pointed out that the SNP, the Greek government are all quite left wing and so maybe there has been a swing in people attitudes towards what sort of society they want to live in.

It is quite possible that Corbyn will attract back people who used to vote Labour but feel marginalised and have/or turned to UKIP and other parties. Has there been a party that represented the working class vote in the last 20 years?

He appears to at least to have some convictions and beliefs rather than being born Tory such as much of the government we have at the moment.
 Oceanrower 12 Sep 2015
In reply to jasonC abroad:

> He appears to at least to have some convictions and beliefs rather than being born Tory such as much of the government we have at the moment.

Do you think that might be because we have a Tory government at the moment?
 Timmd 12 Sep 2015
In reply to summo:

> you are joking, the writing was on the wall even when both brothers were in the race for leadership still.

I remember thinking David seemed more 'solid' somehow.
 summo 12 Sep 2015
In reply to Yanis Nayu:

I think it's a good time to be a security cleared building contractor for the security services, they are going to need lots of extra space for JC's file over the coming years.

3
 John_Hat 12 Sep 2015
In reply to jasonC abroad:

> It is quite possible that Corbyn will attract back people who used to vote Labour but feel marginalised and have/or turned to UKIP and other parties. Has there been a party that represented the working class vote in the last 20 years?

This is another good point. What about Scotland? Much as I like the SNP I would imagine the SNP are very, very worried (hence NS query about Trident?). They know that 50% don't want devolution but still voted for them in the election, presumably because of their policies - and they are reasonably left wing. This whole group is going to naturally head for Labour if it stops being just another Tory party. Left wing but not devolution.

If I were Cameron (which I'm thankfully not) I would seriously consider another referendum on devolution before 2020 so he can jettison the problem.
Jim C 12 Sep 2015
In reply to summo:

> Big party in Tory hq tonight, celebrating being in power until 2025.

As they would have done no matter which of the Labour candidates won. They could gave had that party when the nominations were over.
 skog 12 Sep 2015
In reply to John_Hat:

Scotland has devolution, a very strong majority support it, and the referendum on it was won in 1997 (having been lost with a majority, but inadequate turnout, in 1979).

I think you mean independence..!
 summo 12 Sep 2015
In reply to Jim C:

> As they would have done no matter which of the Labour candidates won. They could gave had that party when the nominations were over.

true, any potential threat wisely didn't run. Looks like most have resigned to the benches too, ready for the re-election in 2-3 years time.
2
 GrantM 12 Sep 2015
In reply to jasonC abroad:

> It was also pointed out that the SNP, the Greek government are all quite left wing and so maybe there has been a swing in people attitudes towards what sort of society they want to live in.

The UK general election in May is probably a better indicator of UK attitudes and voting intentions.
 summo 12 Sep 2015
In reply to jasonC abroad:

> It was also pointed out that the SNP, the Greek government are all quite left wing and so maybe there has been a swing in people attitudes towards what sort of society they want to live in.

they are both also very good at spending money they don't have. I think on average the UK population have had enough of debt fuelled spending. Feel free to model your economy on Greece, not my ideal choice though.

2
 John_Hat 12 Sep 2015
In reply to skog:

> Scotland has devolution, a very strong majority support it, and the referendum on it was won in 1997 (having been lost with a majority, but inadequate turnout, in 1979).

> I think you mean independence..!

I do... Brain fail moment...
 FesteringSore 12 Sep 2015
In reply to summo:

> they are both also very good at spending money they don't have. I think on average the UK population have had enough of debt fuelled spending. Feel free to model your economy on Greece, not my ideal choice though.

Absolutely!

"We used to think you could spend your way out of recession and increase employment by boosting government spending,”

Prime Minister, James Callaghan, at the 1976 Labour Party conference.
1
 skog 12 Sep 2015
In reply to John_Hat:

In which case, maybe!

A strong, credible Corbyn leadership could present an enormous threat to the SNP's level of support.

However, weak leadership from him, or Labour staging a 'coup' against him, could consolidate or even increase the SNP's support from the left.

I'm not sure what a Labour split would do - that could go either way, I think, depending on how it panned out.
 John2 12 Sep 2015
In reply to Postmanpat:

To reply to your comments on JC's intellect (and please don't think that I think he would be a good PM), the two most intelligent parliamentarians of my lifetime were possibly Enoch Powell and Michael Foot. Do you think either of those would have made a good prime minister? And John Redwood was a formidably bright man - a fellow of All Souls who realised that investment banking paid far better than academia, and so completed his Phd on the tube on the way into his bank.

Your honour, I rest my case.
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> I nearly crashed the car when I heard a BBC comedy show mocking a Labour politician. Those Nulabour luvvies must be going into meltdown!

What absolute twaddle.
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> What absolute twaddle.

Which bit?
2
 John_Hat 12 Sep 2015
In reply to summo:
> they are both also very good at spending money they don't have. I think on average the UK population have had enough of debt fuelled spending. Feel free to model your economy on Greece, not my ideal choice though.

I think the UK population have been the victim of a very successful campaign to promote politically-motivated austerity, aided and abetted by a frankly pathetic opposition.

That austerity doesn't work, isn't necessary, and that actually all we've really got is a government using fear and lies as an excuse to impose politically motivated appalling cuts on the poorest of society, is somthing that Labour have - shamefully - let the government get away with without challenge.

The UK is currently enjoying historically tiny debt and interest payments (as a % of GDP). There is plenty of scope for increased spending.

http://www.ukpublicspending.co.uk/debt_history
Post edited at 18:45
3
 Postmanpat 12 Sep 2015
In reply to John2:

> To reply to your comments on JC's intellect (and please don't think that I think he would be a good PM), the two most intelligent parliamentarians of my lifetime were possibly Enoch Powell and Michael Foot. Do you think either of those would have made a good prime minister? And John Redwood was a formidably bright man - a fellow of All Souls who realised that investment banking paid far better than academia, and so completed his Phd on the tube on the way into his bank.

>
As I've said , my question was simply a response to Gordon's claim that Corbyn was "razor sharp".I'm agnostic about whether that would be a good or bad quality in a PM.

Foot wasn't very clever. He'd just read a lot.
2
 Timmd 12 Sep 2015
In reply to Jon Stewart:

Taking certain people seriously can be bad for your heath.
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

The idea that the BBC doesn't mock Labour politicians. Unadulterated rubbish.

As for the luvvies going into meltdown, not sure I understand what you're saying.
 summo 12 Sep 2015
In reply to John_Hat:
> The UK is currently enjoying historically tiny debt and interest payments (as a % of GDP). There is plenty of scope for increased spending.

So whilst the world is on the brink of another recession with China doing everything in it's power to stop a currency/stocks fall, you think the UK should be borrow more? How about live within it's means first and start to clear the debt a little (both public and private).
2
 Jon Stewart 12 Sep 2015
In reply to Yanis Nayu:

I don't agree with all of JC's policies, nor do I think he'll actually be leader once election time comes around.

But, I fail to see how, given the stalemate of politics since Blair, someone coming in to centre stage who people actually believe, whose ideas are clear and different to the status quo, and whose policies resonate with a sector of the population who've felt unrepresented for decades, can be a bad thing.
 John2 12 Sep 2015
In reply to Postmanpat:

He was more clever than Corbyn.
 John_Hat 12 Sep 2015
In reply to summo:
> So whilst the world is on the brink of another recession with China doing everything in it's power to stop a currency/stocks fall, you think the UK should be borrow more? How about live within it's means first and start to clear the debt a little (both public and private).

Yes, I do. You are unfortunately equating personal debt and national debt. They are not the same for a number of reasons. Not least is the government is immortal, is in control of the money supply, and has, as stated, historically low amounts of current debt. I would go into more detail, but Lady Blue wants to take me out to dinner, so I'll just point you at the below.

http://www.theguardian.com/business/ng-interactive/2015/apr/29/the-austerit...
Post edited at 18:56
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> The idea that the BBC doesn't mock Labour politicians. Unadulterated rubbish.

Seriously, this felt like a departure. It wasn't about eating bacon sandwiches or Iraq. It was actually a suggestion that Corbyn's policies are a mess and so is his head. Not unique but very unusual.

> As for the luvvies going into meltdown, not sure I understand what you're saying.

They like to posture but if anyone actually introduced a real left agenda they'd no longer be able to send Toby and Harriet to nice schools and eat at the Grauniad recommended restaurants every weekend.
4
Moley 12 Sep 2015
In reply to Timmd:

> Was wondering if you'd heard about JC having gained the approval of 40 economists recently?

> (I don't know what I think of JC...)

Economists have been known to be completely and totally wrong, same as everyone else!
 Postmanpat 12 Sep 2015
In reply to Timmd:

> Taking certain people seriously can be bad for your heath.

Careful….
2
Moley 12 Sep 2015
In reply to Postmanpat:

> They like to posture but if anyone actually introduced a real left agenda they'd no longer be able to send Toby and Harriet to nice schools and eat at the Grauniad recommended restaurants every weekend.

A bit like our most vocal village "leftie" for whom JC has already obtained God-like status and is perpetually banging on about the horrible rich.

With her 3 (possibly 4) houses in the parish. I can't wait to suggest that Corbyn's first policy is one house per family and surplus are given to the homeless and poor.
1
 summo 12 Sep 2015
In reply to Moley:

> A bit like our most vocal village "leftie" for whom JC has already obtained God-like status and is perpetually banging on about the horrible rich.

my lips bleed after visiting some of our friends at times, a family. 3 kids, he does lots of work for cash and she only works part time even though the kids are at school and she has the option of full hours again, because in her words " she's become so used to the lifestyle of working only half hours". Guardian lovers, always moaning about the rich etc.. but then they complain when local services are being cut, schools funding being tight etc.. they simply don't see the connection.
2
 Timmd 12 Sep 2015
In reply to Postmanpat:
> Careful….

Oh, the unspoken subtext was.

'Which people is subjective to the individual, ie who is bad for one person's heath could be good for another person's.'

Sorted.
Post edited at 19:17
In reply to Postmanpat:

> As I've said , my question was simply a response to Gordon's claim that Corbyn was "razor sharp".I'm agnostic about whether that would be a good or bad quality in a PM.

The way he speaks shows a very clear head and a sharp intelligence. What's more he has a clear vision. I'm not saying I agree with it, I'm simply acknowledging someone with very definite leadership qualities when I see it. And don't hold his academic record against him. Bear in mind that Churchill was famously backward at school.

Your second sentence is very odd indeed. Very sloppy use of the term agnostic, such that I'm not clear what you mean; how you think dimness is a characteristic that might not be unwelcome in a PM is even stranger.
 Postmanpat 12 Sep 2015
In reply to Timmd:

> Oh, the unspoken subtext was.

> 'Which people is subjective to the individual, ie who is bad for one person's heath could be good for another person's.'

> Sorted.

Don't understand, nor am I sure I understood your previous comment!
2
 Timmd 12 Sep 2015
In reply to Postmanpat:
Different people can drive different people mad if taken too seriously.
Post edited at 19:18
 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:
> The way he speaks shows a very clear head and a sharp intelligence. What's more he has a clear vision. I'm not saying I agree with it, I'm simply acknowledging someone with very definite leadership qualities when I see it. And don't hold his academic record against him. Bear in mind that Churchill was famously backward at school.

No, the way he speaks is clear and he has a clear vision because it is simple, because it is simplistic. On your grounds Ronald Reagan was a rocket scientist!

> Your second sentence is very odd indeed. Very sloppy use of the term agnostic, such that I'm not clear what you mean; how you think dimness is a characteristic that might not be unwelcome in a PM is even stranger.

Gordon, read the thread. Offwidth and John2 had both made the the point that intelligence didn't necessarily make a good PM and indeed, might make a bad one. I was simply responding that I didn't have a strong view on that subject. In common parlance that the term "agnostic"is used if one doesn't have a strong view on something.
Post edited at 19:26
2
In reply to John2:

> To reply to your comments on JC's intellect (and please don't think that I think he would be a good PM), the two most intelligent parliamentarians of my lifetime were possibly Enoch Powell and Michael Foot. Do you think either of those would have made a good prime minister? And John Redwood was a formidably bright man - a fellow of All Souls who realised that investment banking paid far better than academia, and so completed his Phd on the tube on the way into his bank.

> Your honour, I rest my case.

Your case if very poor, given the examples you've chosen. All three lacked political wisdom. Enoch Powell was quite exceptionally stupid; Michael Foot had a merely donnish intelligence, not at all suited to politics, still less to being an effective PM; and John Redwood (famously described as a 'swivel-eyed idealogue') was exceptionally unpleasant and humourless ... and, of course, so dim that he made no attempt whatever to hide his innate unpleasantness.
2
 Wainers44 12 Sep 2015

I don't normally take much notice of politics or get too excited by the BBC coverage of it....

....but the main news tonight didn't start the balanced reporting of the new Labour Leader too well. No doubt many congratulated him today, but I know, let's be balanced and show him hugging the countries most prominent Union Leader, and then show a ringing endorsement from Gerry Adams. That will give him the proper quality of introduction to the British non-labour public!!
 summo 12 Sep 2015
In reply to Wainers44:


> ....and then show a ringing endorsement from Gerry Adams. That will give him the proper quality of introduction to the British non-labour public!!

especially with collapse of power sharing for very dubious, but not that surprising reasons.
2
In reply to Postmanpat:

> Gordon, read the thread. Offwidth and John2 had both made the the point that intelligence didn't necessarily make a good PM and indeed, might make a bad one. I was simply responding that I didn't have a strong view on that subject. In common parlance that the term "agnostic"is used if one doesn't have a strong view on something.

No, that's not what agnostic means. It means 'not knowing'. One can assert very strongly that there is insufficient evidence to claim to know something with scientific certainty. (Just as a juror who thinks that there is insufficient evidence to find someone guilty can feel very strongly about it, e.g that the defendant should never have been charged with the particular offence in the first place.)

1
Jimbo W 12 Sep 2015
In reply to Offwidth:

Corbyn won with 60% overall in the 1st round with:
49.6% of the membership
83.8% of the registered supporters
57.6% of affiliates

That represents an incredible victory that is far greater than predicted by most. It also represents a significant potential increase in Labour's activist base. The fact it has happened despite intense media criticism represents parallels with the independence referendum and SNP electoral success where for the 1st time alternative media, blogs and clicktivism have supervened over traditional media. Together activists and new rules of engagement make future elections far less predictable.

I went to hear Corbyn in Dundee to see what the fuss was about. Yes there were a fair share of trade unionists reps there, but there was a surprisingly broad base of people present: doctors, teachers, uni academics, students and he filled 2 lecture halls. Clearly he is not much of an orator and he may have fecked up his A levels but he's far from stupid. My dad fecked up his A levels too and had to resit them. But those were the days when a CC and D still got you into medical school. Besides I am far more interested in the right policies than the plastic presentationalism of Blair and Cameron we've become attuned to Anyway, he went through the economics in a pretty rational way.. ..making the Krugman style arguments against austerity and proposing the newer Richard Murphy ideas on PQE to be used in place of QE if and when such is indicated. He did not proffer nationalisation on principle, but rather in those cases where the market divisions are artificial and have been unsuccessful: Energy and Rail. He spoke much about shifting the balance of support away from large business toward small and medium enterprises and incentivising growth thereof through the tax system and banks. He also spoke about the trade deficit and the over-reliance on the financial sector and the need to target growth in a modern manufacturing sector and an attempt to reverse the deficit that leads to constant growth in for example the foreign ownership of property, especially in London. So on economics alone he has changed the debate and refused to accept the false Tory/metro media narrative that Labour spending crashed the economy and even in the FT letter of the economists who disagreed with his economic policy is seen a shift in the universal acceptence and agreement with Corbyn of the need for infrastructure investment now.

This didn't sound anything like Marxism to me! But perhaps its because I'm unclear of what Trot means when applied to Corbyn and his supporters. I've challenged the likes of McTernan and Rentoul to explain what they mean when they've used the term, as they often have, in the derogatory, and have had no success. So perhaps you could fill in their blanks.

I'm pro EU in the sense that I think there are some things that require coordinated responses and broader collective responsibility:
-Energy provision and sustainability
-Food provision and sustainability
-Coordinated humanitarian responses eg to the refugee crisis
-Efficient trade facilitating accessible markets etc
-Protection of human rights

But I am not for the EU that has been a tool for globalisation that has increased the rate of utilisation of resources such as via the CFP. I am not for an EU that protects corporate interests and places financial endpoints above those that are democratic, as has been the character of the Eurozone. So I accept an in Europe but reform it position. I amn't clear on what Corbyn wants here, but we can't have an in Europe at any cost position and the threat to leave must be real.

Lastly. He spoke about a democracy within the party and within Govt. Partly that seems insightful in terms of what he can achieve with such division with Blairites. Leading by democratic consensus would represent a definite shift from the presidential dictatorialism of Blair. Personally I see that as a good thing which undermines the refuseniks and those fleeing the cabinet today. It remains to be seen if he can join the party together, but if he can, I will join Labour once more.
 James B 12 Sep 2015
In reply to Yanis Nayu:

The question is whether he can connect with enough of the wider electorate, and he hasn't got much time. The Tories have already started to try to paint him as untrustworthy on the economy and on defence/security, and we are going to hear that again and again, day in, day out.

I don't think he has much time to establish his credibility, probably only a couple of months, and he's got a huge task on his hands to do this against the combined efforts of the Tories and the majority of the press.

The SNP will be keen to see he doesn't succeed, too, for their own long term interests.
1
 John2 12 Sep 2015
In reply to Gordon Stainforth:

' Enoch Powell was quite exceptionally stupid'

Enoch Powell was one of the most intelligent people of his generation. He obtained a double first in classics at Cambridge, then was appointed Professor of Greek at the University of Sydney at the age of 25, missing by 1 year his aim of beating Nietzsche's record of being appointed professor at the age of 24. On the outbreak of war he returned to the UK and joined the army, where he became the youngest ever brigadier.

If that's your idea of quite exceptionally stupid, I have no words to describe you.
1
In reply to Yanis Nayu:

> Do you think Andy Burnham would have won an election? I'm not sure I do.

I'd struggle to vote for any of them; none of them come across with any depth. I suppose Corby at least says what he thinks, even if that is unlikely to make Labour electable.
 Rob Exile Ward 12 Sep 2015
In reply to Gordon Stainforth: Sorry Gordon, you're wrong on every count. Powell had a brain the size of a planet, but he did lack the ability to express his concerns in a more acceptable way. His concerns are recurring to this day. Foot was not 'donnish', he was a frigging journalist, with the tendency of all his ilk to be simplistic. Redwood is bright but wrong; he also holds the honour of actually making one of the few jokes by a Tory that was genuinely funny. (When he was criticised for returning home every evening despite being Welsh Secretary, he made the point that 'I'm the first Tory to be criticised for wanting to sleep with my wife every night', which I've always thought was both amusing and endearing.)

In reply to John2:

Many people in this thread about intelligence not being enough to make a good politician. I used the term stupidity as the opposite of wisdom rather than intelligence. I am thinking about a wider raft of qualities. Enoch Powell may have been very bright but he didn't handle many political issues very well at all, and arguably inflamed some to no avail.
4
 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:
> No, that's not what agnostic means. It means 'not knowing'.

Yes, note the use of the term "common parlance". As it happens, do you think it is possible to "know" whether great intelligence is a necessarily a good thing in a PM?

Incidentally, Powell unarguably was a brilliant man but sorely lacking in emotional intelligence. I suspect that nowadays he would be be regarded as being slightly autistic. A lot of brilliant people are.
Post edited at 19:51
3
 John2 12 Sep 2015
In reply to Gordon Stainforth:

So you still claim that Enoch Powell was quite exceptionally stupid?
2
 Postmanpat 12 Sep 2015
In reply to Timmd:

> Different people can drive different people mad if taken too seriously.

I'm always deadly serious
2
In reply to Postmanpat:

> Yes, note the use of the term "common parlance". As it happens, do you think it is possible to "know" whether great intelligence is a necessarily a good thing in a PM?

I would have thought that a lack of intelligence would be a rather severe handicap in a prime minister, just as lack of strength and stamina might be a problem for a climber. But, of course, there are different types of intelligence, and I'd prefer to concentrate on the idea of political wisdom. That's what Corbyn is going to need bucketloads of in the coming weeks. Early signs are quite good, but he could easily be a massive disappointment, even for his followers.
 Shani 12 Sep 2015
In reply to Jimbo W:

We've had our differences in the past Jimbo, but what you've put there is right on the mark. I'm not a natural Labour supporter and am supportive of meritocratic society and free markets, but for me many of his policies are appealing and offer something interesting and appealing.
Removed User 12 Sep 2015
In reply to Yanis Nayu:
PMQ will be fun as he rips posh boy with all his fantasies (lies) to shreds!
Post edited at 19:58
 Postmanpat 12 Sep 2015
In reply to Gordon Stainforth:

> Many people in this thread about intelligence not being enough to make a good politician. I used the term stupidity as the opposite of wisdom rather than intelligence. I am thinking about a wider raft of qualities. Enoch Powell may have been very bright but he didn't handle many political issues very well at all, and arguably inflamed some to no avail.

Blimey, you're pedantic about my use of "agnostic" and the come up with those definitions of intelligent and stupid!! Better to stick to "wise"and "unwise". As in,"John Major was wise" and "Michael Foot was very unwise"
3
 Shani 12 Sep 2015

In reply to summo:

> So whilst the world is on the brink of another recession with China doing everything in it's power to stop a currency/stocks fall, you think the UK should be borrow more? How about live within it's means first and start to clear the debt a little (both public and private).

We've been here before Summo. There is little point dicussing economics with you because of your failure to grasp the basics of macro economics. You supported the TROIKA position in that earlier thread on Greece but even members of the TROIKA have backed away from the harsh economic proposals that YOU were endorsing.
 summo 12 Sep 2015
In reply to Shani:

> We've been here before Summo. There is little point dicussing economics with you because of your failure to grasp the basics of macro economics. ....

that's ok, I was not discussing anything with you here anyway. But thanks for saying hello.

2
 Postmanpat 12 Sep 2015
In reply to Removed User:
> PMQ will be fun as he rips posh boy with all his fantasies (lies) to shreds!

Cameron has a quick and shallow intelligence which will see off Corbyn like swatting a fly
But I agree that it will be different and interesting except that Corbyn is looking like bottling it by handing over the questioning to other MPs.
Post edited at 20:07
2
 summo 12 Sep 2015
In reply to Removed User:

> PMQ will be fun as he rips posh boy with all his fantasies (lies) to shreds!

I don't think corbyn could rip the peel off an orange, but it's not long until Wednesday and we'll see.
2
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

Who even cares what facile crap gets spouted at PMQs. Corbyn's strength is that he is in possession of a soul. If you stabbed him, he would bleed red, human blood. He is not programmed, nor is he dead inside, unlike Cameron.
3
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
> Who even cares what facile crap gets spouted at PMQs. Corbyn's strength is that he is in possession of a soul. If you stabbed him, he would bleed red, human blood. He is not programmed, nor is he dead inside, unlike Cameron.

Ah, the old moral superiority trope which you deny exists. Untrue, obviously.
Post edited at 20:13
5
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

No, it's quite personal, actually. David Cameron is a paper-thin flap of nonsense who has no values. Jeremy Corbyn believes in something; with whom you agree is not the point.
3
 sbc_10 12 Sep 2015
In reply to Yanis Nayu:

How long before the press 'demonise' him ? Didn't they do it for another Labour leader a few years ago?
Removed User 12 Sep 2015
In reply to skog:

> Also, for those who haven't yet had this pointed out - with Tom Watson having won the deputy leadership, Labour are now being run by Tom and Jerry...

Very true - almost as apt as when the USA was being run by Bush and Dick !
 dek 12 Sep 2015
In reply to Removed User:

> PMQ will be fun as he rips posh boy with all his fantasies (lies) to shreds!

Feck me, your joking right? He couldn't even deal with a channel 4 news sycophant, without going into a near meltdown.
His head might explode at PMQs...
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> No, it's quite personal, actually. David Cameron is a paper-thin flap of nonsense who has no values. Jeremy Corbyn believes in something; with whom you agree is not the point.

Neither of us actually know what either of them believe in them unless you believe second hand hearsay and media bollocks. You can't actually think that "believing in something" regardless of what it is one believes in is a good thing??
3
 Postmanpat 12 Sep 2015
In reply to sbc_10:

> How long before the press 'demonise' him ? Didn't they do it for another Labour leader a few years ago?

Er, about minus 3 months I think!
2
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:
> Neither of us actually know what either of them believe in them unless you believe second hand hearsay and media bollocks.

Maybe. I think it's clear from what David Cameron does that his mind is empty of any thoughts of any value or substance. Again and again he will take a very serious moral issue and totally fail to engage with it, and instead play some pathetically cowardly politics with it to further his narrow interests. Examples: Iraq, Israel, gay marriage. For this reason, his face, with its dead eyes, disgusts me.

> You can't actually think that "believing in something" regardless of what it is one believes in is a good thing??

It's hard to say, isn't it. Am I more disgusted by the vacuum of Cameron and Blair, than by the genuine malevolence of Thatcher? You're right, I think I'll take Blameron, thanks.
Post edited at 20:32
4
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
>
> It's hard to say, isn't it.
>
No, not at all.ISIS believe in something and it's horrible.

I'll side with people who get on with using their brains for the good of everybody rather than shut their brains down in favour of grandstanding their moral virtue.
Post edited at 20:40
2
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> No, not at all.ISIS believe in something and it's horrible.

I agree - they're even worse than Thatcher!

> I'll side with people who get on with using their brains for the good of everybody

[belly laugh]
2
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> I agree - they're even worse than Thatcher!

> [belly laugh]

Ditto
1
 Jon Stewart 12 Sep 2015
In reply to Jimbo W:

Great post. Makes a change from the Corby = SWP + Hamas guff that's engulfed the conversation.
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> Great post. Makes a change from the Corby = SWP + Hamas guff that's engulfed the conversation.

Can't believe you're so naive about how these far left bastards work.
8
 IM 12 Sep 2015
In reply to Jon Stewart:

> Great post. Makes a change from the Corby = SWP + Hamas guff that's engulfed the conversation.

Ditto
1
Bogwalloper 12 Sep 2015
In reply to Gordon Stainforth:

> Early signs are quite good, but he could easily be a massive disappointment, even for his followers.

Are you joking? Corbyn fans are the most partisan people I've met. Dare anyone to write a post on Facebook criticising him.

Bog
1
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

You just sound paranoid. What is it that you think's going to happen? What is it that I should be so afraid of?
1
 MG 12 Sep 2015
In reply to Jon Stewart:
Derek Hatton MKII?
2
 MG 12 Sep 2015
In reply to Jon Stewart:

> Great post. Makes a change from the Corby = SWP + Hamas guff

Guff? Pretty well documented isn't it

2
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
> You just sound paranoid. What is it that you think's going to happen? What is it that I should be so afraid of?

Same as happened in the 70s and 80s. Many of the same characters still loitering around.
Pretty interesting that Offwidth, not known for his Tory sympathies and involved in union activity, clearly shares the concern.
Post edited at 21:52
2
 Jon Stewart 12 Sep 2015
In reply to MG:

What is? Do you think Jez's followers going to start suicide bombing the Tory shires?
1
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> Same as happened in the 70s and 80s. Many of the same characters still loitering around.

But the political and economic landscape is completely different. How would JC implement the time-travel policy he's accused of championing?
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> But the political and economic landscape is completely different. How would JC implement the time-travel policy he's accused of championing?

He wouldn't be the prime mover any more than Foot was! Fill the party with far left entryists, deselect MPs , bind the left wing unions in etc etc.
3
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

Shall we wait and see what tactics he employs then? Or whether he just has some left-wing policies that appeal to perfectly sensible, moderate people like scrapping Trident and ending unquestioning support for Israel, but which the swing voters aren't so keen on?
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:

> Shall we wait and see what tactics he employs then? Or whether he just has some left-wing policies that appeal to perfectly sensible, moderate people like scrapping Trident and ending unquestioning support for Israel, but which the swing voters aren't so keen on?


You seem to think he can call the shots. He promises to democratise the party…….

As Sean Matgamna of the laughingly labelled "Alliance for Workers Liberty" and backer of Corbyn puts it:

"If Jeremy Corbyn wins, it won't be the end but the beginning of the fight.

A leader of the French Revolution once observed that “those who make half a revolution, only dig their own graves”. A Corbyn victory will at best be only half a revolution. It will energise the PLP and its backers in the press for a serious fight back. If we don't respond blow for blow, with determination to win, then the right-wing counterrevolution will win. There will be a severe repression of the left. The chance of a new beginning for working-class politics will be squandered.

If Corbyn wins, then the left should immediately go on the offensive. Irreconcilable MPs should be de-selected."
3
 John2 12 Sep 2015
In reply to Postmanpat:

'Fill the party with far left entryists'

His elevation to party leader was an amusing variation on that theme. Committed Conservatives were queueing up to pay £3 a time to vote him in, in the knowledge that he was unelectable.
1
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:
What makes you trawl all these websites of the hard left? Is that one anything to do with Corbyn at all, or just someone who supports him because he was the left-wing candidate>
Post edited at 22:35
3
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
> What makes you trawl all these websites of the hard left? Is that one anything to do with Corbyn at all, or just someone who supports him because he was the left-wing candidate>

You mean like er, the Indie and the BBC? His campaign manager was and probably is member of a hard left entryist group. Unite, his main backer's, chief of staff is still in the CP and they are apparently already producing "a little list".

Do you honestly think that all these far left groupings are just sitting on the sidelines cheering Jezzer on? Of course not, they're getting stuck in.

Their whole modus operandi is "plausible deniability", always is : plus ça change, plus c'est la même chose.
Post edited at 22:49
2
 wbo 12 Sep 2015
In reply to Yanis Nayu: i don't want to seem a bit thick but whenever the next election? Next week, 3 months, next year. Don't think so, unless Cameron decided labour are so weak he call a snap one now.

I think the next election is in 5 years time. It didn't seem to go so well for Labour in the last one did it, so theres no point voting in another Blair clone. Corbyn can make a heck of a fuss , propose an extremely different for 3 years, and then labour can vote someone else in and have plenty of time to get ready forthe next battle. If you can think past next week it's hardly the end of the world.

Postmanpat and some others - you have used the phrase in the past 'Play the ball and not the man'. Doesn't that apply any more?

2
 MG 12 Sep 2015
In reply to wbo:
The ball is the man here!
 Ridge 12 Sep 2015
In reply to John2:

> His elevation to party leader was an amusing variation on that theme. Committed Conservatives were queueing up to pay £3 a time to vote him in, in the knowledge that he was unelectable.

'I Claudius' somehow springs to mind.
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> You mean like er, the Indie and the BBC? His campaign manager was and probably is member of a hard left entryist group.

So what has this guy done that's so mad and dangerous? He's a union guy, isn't he. What else? What are these extreme dangerous views?

> Unite, his main backer's, chief of staff is still in the CP and they are apparently already producing "a little list".

Wow, that sounds incredibly sinister. Do you know, I don't think I'll sleep at all tonight.

> Do you honestly think that all these far left groupings are just sitting on the sidelines cheering Jezzer on?

I'm afraid I just don't see Trades Unions as a moral plague on society. Although my experience of unions hasn't been positive, I think they're important in principle.
2
 Postmanpat 12 Sep 2015
In reply to wbo:

> Postmanpat and some others - you have used the phrase in the past 'Play the ball and not the man'. Doesn't that apply any more?

Sheesh. As MG says, the man is what is under discussion, and the people who want to use him.One can't discuss what might happen next without discussing him and them can we?
2
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
> So what has this guy done that's so mad and dangerous? He's a union guy, isn't he. What else? What are these extreme dangerous views?

Presumably if he's member of the communist party he's a ,er communist? I think communism is a really bad philosophy so I'd rather he wasn't allowed to use the money and power of his Union to take over the Labour party for his own ends.

And don't think of mentioning "reds in the beds" and all that.

> Wow, that sounds incredibly sinister. Do you know, I don't think I'll sleep at all tonight.

Why not? You're not a moderate Labour MP are you? Sarcasm isn't a substitute for argument. There is plenty of evidence that far left groupings see Corbyn as an opportunity to further their ends and historical evidence that Corbyn and his few mates in the PLP are OK with that. So simply mocking the idea is not a sustainable argument.

That tactic was tried before and your party was nearly destroyed as a result.

> I'm afraid I just don't see Trades Unions as a moral plague on society. Although my experience of unions hasn't been positive, I think they're important in principle.

So do I, but I'd rather the far left factions within them weren't allowed to pervert the democratic process to pursue their particular political ends.
Post edited at 23:11
2
 David Alcock 12 Sep 2015
In reply to gethin_allen:

It's not all about Jeremy. It's all about *us*.
1
 David Alcock 12 Sep 2015
In reply to Postmanpat:

I could sing the playground rhyme that your moniker prompts, but I have too much dignity.
2
 David Alcock 12 Sep 2015
In reply to Yanis Nayu:

Hilariously, with all the talk of entryism etc, I find it astounding that the media don't even know the name of our current Commie Party. CPGB died in the 90s. Ditto RCP. Today it's the CPB. A little history, folks.
1
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> Presumably if he's member of the communist party he's a ,er communist? I think communism is a really bad philosophy so I'd rather he wasn't allowed to use the money and power of his Union to take over the Labour party for his own ends.

The thing is, I don't know specifically what the CP actually believe in, and how it differs from socialist policies such as higher taxation and public ownship of more stuff. So Corbyn believes in higher taxes at the top end and public ownership of rail and energy/utilities (but nothing else I know of). I'm not going to vote for a Communist govt, but that's not what Corbyn is offering.

> Sarcasm isn't a substitute for argument.

What sparked the sarcasm was the use of the word "communism" in place of an argument.

> So do I, but I'd rather the far left factions within them weren't allowed to pervert the democratic process to pursue their particular political ends.

You talk about "perverting the democratic process" but there's a huge mainstream backing of Corbyn which just won him the leadership. A lot of people agree with his policies, that's a massive boon for the democratic process and you're choosing to ignore it while obsessing over the threat of the Trots and all that.

And think about the unsavoury associations on the right of the Tory Party, and all of the vile policies that some of the current crop supported back in the 80s. The religious right, the bigots, the racists (e.g. that hoo-ha over the European voting block).
1
 Postmanpat 12 Sep 2015
In reply to David Alcock:

> Hilariously, with all the talk of entryism etc, I find it astounding that the media don't even know the name of our current Commie Party. CPGB died in the 90s. Ditto RCP. Today it's the CPB. A little history, folks.

I think you'll find there's still at least ten (at the last call 13?) parties in the UK claiming the moniker.
1
 Postmanpat 12 Sep 2015
In reply to Jon Stewart:
> The thing is, I don't know specifically what the CP actually believe in, and how it differs from socialist policies such as higher taxation and public ownship of more stuff. So Corbyn believes in higher taxes at the top end and public ownership of rail and energy/utilities (but nothing else I know of). I'm not going to vote for a Communist govt, but that's not what Corbyn is offering.

> What sparked the sarcasm was the use of the word "communism" in place of an argument.

Why? How odd. So one can mention "far left" or "hard left" but "communist" provokes some sort of knee jerk need to be sarcastic. Last time I checked the (many different communist parties) were generally considered to come under those two general descriptions hence the reference to his affiliation.

Communists believe in communism one assumes.

> You talk about "perverting the democratic process" but there's a huge mainstream backing of Corbyn which just won him the leadership. A lot of people agree with his policies, that's a massive boon for the democratic process and you're choosing to ignore it while obsessing over the threat of the Trots and all that.

If the Labour party wants him to their leader and he sticks to something along his lines of his current policies then so be it. He asks many of the right questions but finds most of the wrong answers but that's just the way it is. I hope he will lose lots of votes and we can get a political realignment and somewhere along the line the far left will be buried for eternity. (fat chance)

I happen to doubt whether it will go that smoothly and so, it seems, do many commentators and many current Labour MPs.
Post edited at 23:48
2
 Timmd 12 Sep 2015
In reply to Jon Stewart:
> You talk about "perverting the democratic process" but there's a huge mainstream backing of Corbyn which just won him the leadership. A lot of people agree with his policies, that's a massive boon for the democratic process and you're choosing to ignore it while obsessing over the threat of the Trots and all that.

Anecdotally, a lot of people I'm connected with on Facebook have voted for him, and are celebrating his win, a lot of them are people in their 20's, & I can't think of anybody I'm directly friends with who would be a Trot.

> And think about the unsavoury associations on the right of the Tory Party, and all of the vile policies that some of the current crop supported back in the 80s. The religious right, the bigots, the racists (e.g. that hoo-ha over the European voting block).

I agree.
Post edited at 23:49
1
 Jon Stewart 12 Sep 2015
In reply to Postmanpat:

> I hope he will lose lots of votes and we can get a political realignment and somewhere along the line the far left will be buried for eternity. (fat chance)

We're as likely to see the total annihilation of the far left as we are of all the racists and bigots on the right. That's the political spectrum, and thankfully in this country both fringes are just that.

> I happen to doubt whether it will go that smoothly and so, it seems, to many commentators and many current Labour MPs.

I can't see him lasting as leader - the parliamentary party simply don't agree with what he believes in, I just don't think it's a tenable situation. But I think it's a healthy process that will hopefully improve the party.
1
 Postmanpat 13 Sep 2015
In reply to Jon Stewart:

Here's a quick example of how the far left works. It's about Mark Serwotka's takeover and purge of the PCS union. Funnily enough, Serwotka tried to pay his £3 to vote for Corbyn but got found out. How long before him and his union find their way in and he uses the same tactics he used in the union too hijack the Labour party? And he's not exactly alone in trying this.

http://www.eclecticblue.org.uk/the-labour-party-purge/

Sweet dreams !
1
 Postmanpat 13 Sep 2015
In reply to Jon Stewart:

> I can't see him lasting as leader - the parliamentary party simply don't agree with what he believes in, I just don't think it's a tenable situation. But I think it's a healthy process that will hopefully improve the party.

Well, I agree that Blairism had run it's course and no longer had any distinctive meaning so some sort of mass reassessment had to happen. The next five years, with the possibility of the EU imploding or exploding and the likelihood of another serious recession could see all sorts of unexpected outcomes.
1
 David Alcock 13 Sep 2015
In reply to Postmanpat:

I think you might be proving my point. It's nearer 100 btw.
 neilh 13 Sep 2015
In reply to Yanis Nayu:

It is really good idea for him to let other MPs do PMQs. It will mean we will soon find out who can really lead the party from one of the MPs who will stand in for him at PMQ.

 Jon Stewart 13 Sep 2015
In reply to neilh:

> It is really good idea for him to let other MPs do PMQs. It will mean we will soon find out who can really lead the party from one of the MPs who will stand in for him at PMQ.

If PMQs is the arbiter of political worth, I am never voting again.
 Offwidth 13 Sep 2015
In reply to Jimbo W:

I am not at all surprised JC has those numbers as he has a coherent story to tell on some pretty intellectually moderate leftist issues on austerity, rail nationalisation and equality, to those of a leftist bent desperate to see a change from the mess that labour had become. The other candidates were running scared and didn't say this as they were told it wouldn't play well with the general public. As I said, he is not a trot (nor marxist), he's a Bennite. The elephant in the room is that he now has to organise a party from its edge and his MPs from their very edge whilst facing a press where the most left of the majors thinks he is way too leftist with all those embarrasing extreme links exposed fully and in that context convince middle ground voters in swing constituencies who don't do intellectual arguments. We are not a country falling apart at the seams (like Greece) so unless something earth shattering happens he simply doesn't stand a chance; which in practical terms means the tories will get reelected next time with a big majority.

If labour didn't have a habit of choosing the wrong leaders after marginally loosing an election when in power and being pretty nasty amongst its sub tribes we would in my view currently have a centrist labour government led by David Miliband.
 Jon Stewart 13 Sep 2015
In reply to Offwidth:

Persuasive post.

> If labour didn't have a habit of choosing the wrong leaders after marginally loosing an election when in power and being pretty nasty amongst its sub tribes we would in my view currently have a centrist labour government led by David Miliband.

I think everyone knows DM should have been leader, who knows if he'd have won the election given the Scottish issue, but it is quite possible. Do you think it's possible after the implosion of Labour under Corbyn who has successfully revealed what Labour supporters believe in (but can't possibly lead the party because the entire PLP hate his guts), that a much better politician (i.e. David) will swoop in and get on with the practical business of politics (not exactly Corbyn's forte)? In which case, his election is a fantastic victory.

Obviously I'm putting forward a best case scenario here, but prior to Corbyn, I felt that Labour was simply dead. A party of no interest to the left, and of no interest to the right. The people they appealed to were those who would rather die than vote Tory, and couldn't bring themselves to vote for a smaller party for fear of it being a "wasted vote". Something had to change.
2
 Offwidth 13 Sep 2015
In reply to Postmanpat:

Some on the far left have started the de-selection nonsense already. JC was very clear he would have none of it.

Entryism doesn't need deselection it just needs enough local party members to influence selection committees when new candidates are needed. It might seem hard to believe such things could happen but since Militant was booted out, in various Unions they have moved (usually briefly) to a controlling majority of elected lay officials on National Councils, or influenced policy heavily, despite a much more moderate membership (including my own academic union) because in some unions (especially mine) most ordinary union members don't vote in their own internal elections.
 Offwidth 13 Sep 2015
In reply to Jon Stewart:

Its easy to paint that picture but Ed got pretty close as bad as he was and a tiny swing in the election before would have seen a lib-lab pact. With all the muddled messages from labour and a shit leader, a nod to the social democratic voice is enough to run neck and neck with the tories. All this election is is groundhog day wish fullfilment for depressed party and leftist activists. All the dark days of the 90s before Labour realised they needed to move to the centre to win elections and they now want to repeat those mistakes.
2
 Jon Stewart 13 Sep 2015
In reply to Offwidth:

The difference is that this time the centre ground has become toxic; it is associated with lies, and with war, and with screwing the poor. It is necessary to completely review the policy agenda, to have a firm and distinct position on issues like Trident, foreign policy and welfare cuts. Without that change, the Labour party is completely useless - even if they do win an election, if they don't have any policies to change the status quo, there is no purpose.
1
 Roadrunner5 13 Sep 2015
In reply to Jon Stewart:

> The difference is that this time the centre ground has become toxic; it is associated with lies, and with war, and with screwing the poor.

That's rediculous. Throwing the baby out with the bath water.

The centre ground should be associated with election wins and a labour government.

2
 Jon Stewart 13 Sep 2015
In reply to Roadrunner5:

> The centre ground should be associated with election wins and a labour government.

That'd be nice. Why then, did Labour supporters overwhelmingly reject insipid, status quo politics?

What I find ridiculous is the painting of JC as "extreme" and "hard left". Yes, the far left support him instead of the others, but his policies are generally just the things that normal Labour voters believe in. OK, they're not the things that Tory voters believe in, and if that's the only way to for Labour to win elections then it's right that they should lose.
1
 Offwidth 13 Sep 2015
In reply to Jon Stewart:
Thats just not true and is looking backwards at the problem. The swing votors are not tainted with war, just certain politicians. The point is to run the country with fairer policies than the current goverment, not to try to force feed leftist ideology to an electorate that dont want to know. The alternative is a re-election of a much nastier goverment and the party becomes a martyr driven failure (until the legendary revolution arrives) .
The point you keep missing is that the swing votors are not normal labour votors and they are the ones who vote you into power. JC simply is extereme: as an elected labour MP he is on the far left of the party, he has very extreme friends on the revolutionary left and possibly tops the list of those who rejected the party whip.
Post edited at 13:29
2
 Jon Stewart 13 Sep 2015
In reply to Offwidth:

> The point you keep missing is that the swing votors are not normal labour votors and they are the ones who vote you into power.

The point you keep missing is that people who won't oppose the Welfare Bill, will keep Trident, and who will be bullied into messing up the world with insane foreign policy interventions (military or otherwise) are not worthy of government.
1
 Postmanpat 13 Sep 2015
In reply to Offwidth:

> Some on the far left have started the de-selection nonsense already. JC was very clear he would have none of it.

> Entryism doesn't need deselection it just needs enough local party members to influence selection committees when new candidates are needed. It might seem hard to believe such things could happen but
>
They can just wait for the boundary changes and mandatory reselection. Will give them time to organise.
In the mesntime they can put pressure to turn £3 supporters into members.

1
 summo 13 Sep 2015
In reply to Yanis Nayu:

The bit I don't understand you listen to JC and his gang, you would think 59% of the UK population had voted for him, rather than 59% of those who could be bothered to join the labour party. Nationally he isn't that popular, otherwise millions would have joined labour to vote.
2
 Shani 13 Sep 2015
In reply to summo:
> The bit I don't understand you listen to JC and his gang, you would think 59% of the UK population had voted for him, rather than 59% of those who could be bothered to join the labour party. Nationally he isn't that popular, otherwise millions would have joined labour to vote.

Why would you think "59% of the UK" had voted for him? Have any of his supporters made that claim?

Nationally Cameron isn't popular. Even amongst Conservatives i understand opinions are not high of him.
Post edited at 14:30
1
 MonkeyPuzzle 13 Sep 2015
In reply to summo:

I think it's safe to say that the increase in members and affiliated supporters in order for people to vote for an opposition leadership election is unprecedented. It is absolutely remarkable. I don't remember it happening for any other politician, left or right.
 wbo 13 Sep 2015
In reply to summo: As a conservative supporter that's quite a dangerous argument to head into. Dacid Cameron doesn't have a mandate from the British people based on majority support, rather he has luckily/effectively won an election based on the current rules

To Jon Stewart - you state that the centre ground is 'toxic'. I would disagree - the NewLabour version pre election is what was toxic. What you state about ' insipid, status quo politics' is correct - as well as policies you need a vision of where you want to go to inspire people.

Clauso 13 Sep 2015
In reply to Shani:

> ... Even amongst Conservatives i understand opinions are not high of him.

And with very good reason. He's a reasonable PR bloke, but he's a very poor PM.
 Jon Stewart 13 Sep 2015
In reply to wbo:

> you state that the centre ground is 'toxic'. I would disagree - the NewLabour version pre election is what was toxic.

You're right, it's only toxic to 'old' Labour voters who felt betrayed by Blair. But that toxicity has certainly lasted and is behind JC's victory.
1
 summo 13 Sep 2015
In reply to Shani:

> Why would you think "59% of the UK" had voted for him? Have any of his supporters made that claim?

Of course I don't think that, but he and his supporters speak as though the whole of the british population have voted 59% in favour of him, rather than the 59% of a very small proportion of the voting public. It's the rhetoric they use etc..

> Nationally Cameron isn't popular. Even amongst Conservatives i understand opinions are not high of him.
yes, but they follow Cameron. Since Corbyn came to power, how many resignations?
2
 summo 13 Sep 2015
In reply to MonkeyPuzzle:

> It is absolutely remarkable. I don't remember it happening for any other politician, left or right.

Not really remarkable, how many of them were labour voter anyway, so they may not of actually gained a single voter from another party. Plus, how many were tories?

You don't remember it happening, because no other party, no labour has ever elected it's leader by this fashion until now, so there was no precedent. The system was changed within labour by Milliband.
2
 summo 13 Sep 2015
In reply to wbo:

> As a conservative supporter that's quite a dangerous argument to head into. Dacid Cameron doesn't have a mandate from the British people based on majority support, rather he has luckily/effectively won an election based on the current rules

I was more implying that the words or language he used, is like "the people have spoken", "the UK wants change"... when really a fraction of the UK's voting population voted for him and until 2020 we won't know just how much of the total UK adult population actually want him.
2
In reply to Jon Stewart:


> What I find ridiculous is the painting of JC as "extreme" and "hard left".

Interesting that when it changed from Jeremy Corbyn for Labour Leader to Jeremy Corbyn for PM his Twitter / Facebook accounts first post used a quote from Che Guevara.

If he's not hard left why is he going out of his way to be seen singing the Red Flag and quoting Che Guevara?

2
 Roadrunner5 13 Sep 2015
In reply to Jon Stewart:

> That'd be nice. Why then, did Labour supporters overwhelmingly reject insipid, status quo politics?

> What I find ridiculous is the painting of JC as "extreme" and "hard left". Yes, the far left support him instead of the others, but his policies are generally just the things that normal Labour voters believe in. OK, they're not the things that Tory voters believe in, and if that's the only way to for Labour to win elections then it's right that they should lose.

Because those were more active. But those hard line members don't make up a significant number of the 60+ million.. Hence why a traditionally left Labour Party has done so poorly.

Of course Corbyn is hard left, he's for high taxes, nationalization and clearly aligns strongly with the red flag lot..
4
 DancingOnRock 13 Sep 2015
In reply to Yanis Nayu:
This really concerns me. I can see some bad things happening.

1. The House of Commons will stagnate, every bill that the conservatives try to pass will be blocked.
2. Labour will be unelectable because they have now lost the centre politics and will lose what floating voters they still had.
3. When the Conservatives win in 2020, there will be civil unrest worse than the unrest we saw when Labour lost back in 2010.

I can see a new, very successful party emerging to fill the left of centre ground and the official Labour Party will disappear to be a very small minority party.
Post edited at 18:08
2
 Offwidth 13 Sep 2015
In reply to Jon Stewart:

Here is toxity in full flow from a labour man and trade unionist...

http://www.telegraph.co.uk/news/politics/Jeremy_Corbyn/11859233/The-day-the...

Think on that in context to all the platitudes about working together under the new leader. Not many seem to be dealing with the donations issue... the new TU legislation and shift to the left could bancrupt the party. Another quiet point is the view of our western allies to someone so anti-eu, anti nato pro-palestinian.
2
 Kemics 13 Sep 2015
In reply to DancingOnRock:

if so good. Why should we accept mediocrity from our politics? New labour didnt occupy the middle ground, they loitered in it. JC is only one man. Essentially the party is the same just with a new leader, hopefully it will simply galavanise change and a refocusing. I hope at least.
 Mike Highbury 13 Sep 2015
In reply to Jon Stewart:

> You're right, it's only toxic to 'old' Labour voters who felt betrayed by Blair. But that toxicity has certainly lasted and is behind JC's victory.

Maybe but Greece runs through this like a stick of rock.
2
 DancingOnRock 13 Sep 2015
In reply to Kemics:

> if so good. Why should we accept mediocrity from our politics? New labour didnt occupy the middle ground, they loitered in it. JC is only one man. Essentially the party is the same just with a new leader, hopefully it will simply galavanise change and a refocusing. I hope at least.

No. It didn't. The Blair administration gave huge tax benefits to the middle classes. If Corbyn starts taxing rich people, the first to be hit hard will be the middle class. That's a huge proportion of the UK.
2
 MonkeyPuzzle 13 Sep 2015
In reply to DancingOnRock:

So we allow the rich to hold a gun to the head of the UK government. There's the 'centre ground'.
2
 Shani 13 Sep 2015
In reply to summo:

> Of course I don't think that, but he and his supporters speak as though the whole of the british population have voted 59% in favour of him, rather than the 59% of a very small proportion of the voting public. It's the rhetoric they use etc..

You said "[if] you listen to JC and his gang you would think 59% of the UK population had voted for him", I challenged you on this point. You then said above "of course I don't think that" - thus retracting from your initial assertion, and then in the very next sentence say "but he and his supporters speak as though the whole of the British population have voted 59% in favour of him" thus repeating a claim you'd denounced in the PREVIOUS sentence!

Well done. No seriously, well done.
1
 DancingOnRock 13 Sep 2015
In reply to MonkeyPuzzle:

The problem is the 'rich' make up about 70% of the population. But no one thinks they're the 'rich'.

This kind of politics is divisive and will cause unrest and destabilisation if we're not very careful.

Personally I don't want to see rioting in the streets because we're seeing what happens now in Syria.
2
 Shani 13 Sep 2015
In reply to Roadrunner5:

> Of course Corbyn is hard left, he's for nationalization and clearly aligns strongly with the red flag lot..

Is he for high tax? Or is it more specific and targetted than that? Nationalisation of rail - is that bad? I don't think nationalisation of rail nor targetted higher tax are particularly 'red flag' and would posit the view they are middle of the road.
1
 Roadrunner5 13 Sep 2015
In reply to Shani:
> Is he for high tax? Or is it more specific and targetted than that? Nationalisation of rail - is that bad? I don't think nationalisation of rail nor targetted higher tax are particularly 'red flag' and would posit the view they are middle of the road.

Did I say it was bad. That is not the point.

I just said he supported that.

And higher tax of the rich is a generally left policy, but overall it seems he wants to raise tax income, targeting the rich but actually raising taxes on those on decent wages but far from rich. Whether it is good or bad is another point entirely but deny he is hard left (for a mainstream politician) is very odd..

I don't think many will argue cutting down on tax avoiders is something that has to happen, but I think upping the tax on the rich will be divisive and ruin the labour party's chances.

My personal view is we will spend millions on buying things back and little will change.

But this wasn't about our personal views, it was about if Corbyn is a hard left politician and I think it is hard to argue he isn't.
Post edited at 19:58
2
 Shani 13 Sep 2015
In reply to Roadrunner5:

> Did I say it was bad. That is not the point.

> I just said he supported that.

> And higher tax of the rich is a generally left policy. Whether it is good or bad is another point entirely but deny he is hard left (for a mainstream politician) is very odd..

Higher tax is actually of the rich is a mainstream policy and has been for several years. From Thomas Picketty to Warren Buffet there have been concerns raised about inequality and its damage to economic progress. It is a concern across the political spectrum.

So how do you identify him as "hard left"?
 Bulls Crack 13 Sep 2015
In reply to Roadrunner5:



> Of course Corbyn is hard left, he's for high taxes, nationalization and clearly aligns strongly with the red flag lot..

And do you know what? If you leave out the a, t, i, o, n, 2nd a, l, second i, , 3rd a, t, o and n from your spelling of nationalisation your get NAZI?

Think about it
1
 Roadrunner5 13 Sep 2015
In reply to Bulls Crack:

Sorry American I-phone...

 Roadrunner5 13 Sep 2015
In reply to Shani:
Political Spectrum

https://en.wikipedia.org/wiki/Left-wing_politics

Hard left > centre left > centre > centre right > hard right

Where would you put corbyn?

From the same page?

"In the United Kingdom in the 1980s, the term hard left was applied to supporters of Tony Benn, such as the Campaign Group and those involved in the London Labour Briefing newspaper, as well as Trotskyist groups such as Militant and Socialist Organiser."

So who is in the campaign group?

https://en.wikipedia.org/wiki/Socialist_Campaign_Group

Current members: https://en.wikipedia.org/wiki/Socialist_Campaign_Group#Current_members

"The Campaign Group, as it is commonly known, is on the hard left of the Labour Party and has been highly critical of the New Labour project."

Its not an insult to say is hard left..
Post edited at 20:08
2
 Shani 13 Sep 2015
In reply to Roadrunner5:

Where would I put Corbyn?

Well this is the crux of the argument. Old labels no longer apply. Identity politics is bust and I will vote on polucy.

So for example I totally disagree with JC in his protests against the Charlie Hebdo cartoons as I value free speech (as long as violence is not incited). However, Cameron is not averse to appeasing Islam in this respect, putting him on the same side as JC on this issue.

Now Corbynomics. I value PQE. Only today in the NYT Paul Krugman was suggesting Japan follow a form of PQE as they are in a low inflationary, stagnant economic malaise. Other economists have suggested the same approach for China and Europe. Many economists are now recognising the contractionary nature of austerity is self defeating. So is JCs PQE hard left? It's opposite of Cameron and Osbournes approach but PQE would tick right wing economic boxes.

Now tax avoidance and evasion. JC wants to clamp down on this. The Laffer curve is a busted flush and corporate welfare is unsustainable. Corporations seek markets to exploit much more than simply a low tax environment. Most of us squeezwed middle would heartily welcome Google, Amazon, Starbucks etc... paid appropriate tax for the privilege of doing business here. Hard left or middle ground?
1
 neilh 13 Sep 2015
In reply to Mike Highbury:

Greece is likely to throw out Syriza at the next election according to the polls....
2
 Jon Stewart 13 Sep 2015
In reply to Offwidth:

This has been an interesting discussion about a fascinating turn of events. In all, my feelings are certainly mixed. The arguments that JC is disastrous for the Labour Party are certainly compelling! But then, he is actually a genuine human being, with clear ideas, many of which are very good IMO (but some, sadly, are not) and embody a system of values that I and many others who have become cynical about politics can firmly support. This is a huge leap forward in politics, and young people have seized it - it's exciting.

From an intellectual and ideological point of view, I find the scaremongering about sinister connections with the extreme left and terrorist groups laughable and pathetic. Although from a political point of view, it is terrible, thanks to widespread idiocy and the gutter press.

As for the "hard left" charges, well yes, now I've looked a bit more at what that term is used to mean, they stick. If that just means you support high taxes, nationalised railways and a unionised workforce then that's my kind of extremism!

On balance, we don't know what's going to happen. I hope that it's a positive shake-up and that a more suitable leader will be found in due course, rather than a permanent car-crash for Labour. But even if it's the latter, enough people out there hate the Tories to form an effective, electable opposition based on sensible liberal values, given a bit of time.
1
 DancingOnRock 13 Sep 2015
In reply to Jon Stewart:

I don't think it would take long at all.

I see a new party ready to be elected by the next election. A group of people who don't have to bow to the Unions, have been elected MPs on the strength of their left centre views. Pretty much a done deal.

They may even get some liberal and conservative defectors.

Interesting times.
 Jon Stewart 13 Sep 2015
In reply to DancingOnRock:
> They may even get some liberal and conservative defectors.

If we can have Ken Clarke and Paddy Ashdown, this new Social Liberal Alliance Party has already got my vote!
Post edited at 20:50
1
 Shani 13 Sep 2015
In reply to Jon Stewart:

> This has been an interesting discussion about a fascinating turn of events. In all, my feelings are certainly mixed. Tthese Inents that JC is disastrous for the Labour Party are certainly compelling! But then, he is actually a genuine human being, with clear ideas, many of which are very good IMO (but some, sadly, are not) and embody a system of values that I and many others who have become cynical about politics can firmly support. This is a huge leap forward in politics, and young people have seized it - it's exciting.

> From an intellectual and ideological point of view, I find the scaremongering about sinister connections with the extreme left and terrorist groups laughable and pathetic. Although from a political point of view, it is terrible, thanks to widespread idiocy and the gutter press.

> As for the "hard left" charges, well yes, now I've looked a bit more at what that term is used to mean, they stick. If that just means you support high taxes, nationalised railways and a unionised workforce then that's my kind of extremism!

> On balance, we don't know what's going to happen. I hope that it's a positive shake-up and that a more suitable leader will be found in due course, rather than a permanent car-crash for Labour. But even if it's the latter, enough people out there hate the Tories to form an effective, electable opposition based on sensible liberal values, given a bit of time.

Yes exactly. JC has blown apart the beige politics of the past 20 years. The capitalist model has torn itself apart and globally, economists agree these are NOT normal times. New thinking has to come along. JC has not only brought new ideas but is pulling new people in to politics. The media are defending the status quo but are simply appearing isolated and out of touch like the politicians they endorse. Their hatchet jobs on JC are only working on those already convinced. People can smell the medias attempt to crush alternetives and protect what we have - even though this only favours the few.

Most of us have left identity politics and are looking at policy. JC has many good ideas. Using PQE to fund transport, conservation and green energy programs, deregulation of the power grid etc... he's going to mop up a lot of votes from Greens, the young, the left and the middle. Also the middle classes.

*apologies for typos but this website performs poorly on my tablet and I cannot resubmit edited posts. Grrrrrrr
1
KevinD 13 Sep 2015
In reply to DancingOnRock:

> I see a new party ready to be elected by the next election. A group of people who don't have to bow to the Unions, have been elected MPs on the strength of their left centre views. Pretty much a done deal.

Where will they get their funding from?
 Roadrunner5 13 Sep 2015
In reply to Shani:

What new ideas?

I don't think its new at all.

It's different to the status quo but I don't think we can call it new.

1
 Sir Chasm 13 Sep 2015
In reply to Shani:
"Yes exactly. JC has blown apart the beige politics of the past 20 years."

Don't be so silly. He might do that ^, but he's only just been elected leader of the opposition, so why don't you see how he gets on before you cream your knickers.
2
 Tyler 13 Sep 2015
In reply to neilh:

> Greece is likely to throw out Syriza at the next election according to the polls....

For a moderate centerist party?
 summo 13 Sep 2015
In reply to Shani:
> Yes exactly. JC has blown apart the beige politics of the past 20 years.

Yep, he is taking the UK, or rather only Labour, right back to 1975... Life on Mars, political style!!

Big national strikes, CND marches, failing nationalised industries, power cuts, soaring interest rates, almost hyper inflation etc.. oh the UK must be so excited, with this to look forward to. I guess it would make Greece look a rosier comparatively.
Post edited at 21:49
3
 Shani 13 Sep 2015
In reply to Sir Chasm:

> "Yes exactly. JC has blown apart the beige politics of the past 20 years."

> Don't be so silly. He might do that ^, but he's only just been elected leader of the opposition, so why don't you see how he gets on before you cream your knickers.

I've seen attendance at two of his public meetings and I've NEVER seen anything like it. My local MP is Nick Clegg and even at the height of his popularity (yes, he was once very popular around the "I agree with Nick" days), it was nothing like JC's appeal. And i can testify that Clegg's clinics were well attended. Try to look beyond the media spin about JC and try to attend events he is present at. Look at the crowd he draws. This is definitely 'sonething' - and not the hard-left something the media present.
 Jon Stewart 13 Sep 2015
In reply to summo:

> Yep, he is taking the UK, or rather only Labour, right back to 1975

Wow - he's already won the election and we're all aboard his time machine. What a load of shit.
1
 Shani 13 Sep 2015
In reply to summo:

Hyperinflation? How so?
 Shani 13 Sep 2015
In reply to Roadrunner5:

> What new ideas?

> I don't think its new at all.

> It's different to the status quo but I don't think we can call it new.

Name ANY other politician to have suggested PQE?
 Sir Chasm 13 Sep 2015
In reply to Shani:

Preaching to the choir. The people he needs to convince are the people who don't attend political meetings (like most normal people).
And I'm not saying he isn't something, but to proclaim that he's "blown apart" politics is naive wishful thinking.
2
 Roadrunner5 13 Sep 2015
In reply to Shani:

It is still not a new idea. Its simply printing more money.. it's been done in the past.
2
 Postmanpat 13 Sep 2015
In reply to Jon Stewart:

> This has been an interesting discussion about a fascinating turn of events. In all, my feelings are certainly mixed. The arguments that JC is disastrous for the Labour Party are certainly compelling! But then, he is actually a genuine human being, with clear ideas, many of which are very good IMO (but some, sadly, are not) and embody a system of values that I and many others who have become cynical about politics can firmly support. This is a huge leap forward in politics, and young people have seized it - it's exciting.

> From an intellectual and ideological point of view, I find the scaremongering about sinister connections with the extreme left and terrorist groups laughable and pathetic. Although from a political point of view, it is terrible, thanks to widespread idiocy and the gutter press.

>
The gutter press like the BBC and the indie? You've been presented with the evidence of the intentions of the far left, the evidence of their previous in the Labour party and the unions, and evidence of their current connections to Corbyn.
On intellectual terms the ball is in your court to undermine the arguments. Laughing doesnt really cut it.
2
 Shani 13 Sep 2015
In reply to Sir Chasm:

> Preaching to the choir. The people he needs to convince are the people who don't attend political meetings (like most normal people).

> And I'm not saying he isn't something, but to proclaim that he's "blown apart" politics is naive wishful thinking.

So you don't think that a politician largely unknown just three months ago described by most of the UK media as hard left, taking control of one of the two main political parties in the Uk with one of the biggest majorities in living memory, and now setting a policy agenda on issues such as PQE - a policy that is being suggested may have application across Europe, Japan, China and possibly the USA, furthermore filling out venue after venue on a UK tour such that several meetings had to be held outdoors or had people queuing round the block - you don't think that is blowing domestic politics apart?

If the media were less hostile (or you were better informed), you'd have greater appreciation of what is going on.
 Shani 13 Sep 2015
In reply to Roadrunner5:

> It is still not a new idea. Its simply printing more money.. it's been done in the past.

Then you don't understand PQE and how it differs from QE.
 Sir Chasm 13 Sep 2015
In reply to Shani:

He hasn't set a policy agenda (he may have done it within the labour party, big deal). And the media are what they are, like it or not. So, no, he hasn't blown politics apart (how ridiculous). He's shaken Labour up a bit.
2
 Roadrunner5 13 Sep 2015
In reply to Shani:

Or maybe many disagree..

Its printing money and giving it out.. maybe it will work, but its been suggested in the past.

http://www.forbes.com/sites/timworstall/2015/08/29/why-the-peoples-quantita...

"There’s really nothing new about this idea although Murphy not having studied much economics he doesn’t realise this."
1
 Postmanpat 13 Sep 2015
In reply to Roadrunner5:

Funny how Murphy, a retired accountant, is so often billed as an economist.
Even stranger that Corbyn happily regurgitated his back of envelope claim that £120bn of lost tax revenue could be collected when Murphy himself had apparently downgraded this to £20bn.
3
 Jon Stewart 13 Sep 2015
In reply to Postmanpat:

> The gutter press like the BBC and the indie?

Sorry, I've looked back up the thread, but I can't see the articles you're referring to. What do they show?

> You've been presented with the evidence of the intentions of the far left, the evidence of their previous in the Labour party and the unions, and evidence of their current connections to Corbyn.

There are loads of union nobs out there who are connected to Corbyn, obviously, given his background and pro-union stance. What I've not got my head around is why I should be scared of them. Do they have the power to take over and break our economy? I've always considered union leaders shouty and self-interested, lacking in any understanding of the bigger picture of how the economy works. If they attempt to drag the Labour party down that road, replacing the New Labour lot with their own, then...well I just don't think it will happen. But if it did, that would cause the party to split, I guess. Either way, there's no prospect of a far left government in this age, so all this talk about strikes and the 1970s is completely ridiculous.

What is the actual threat - i.e. something that could actually happen - that the far-left Corbyn connections actually present?

And we haven't even mentioned his terrorist bedfellows, that one really has me in stiches!


3
 Trevers 13 Sep 2015
In reply to Jon Stewart:

> And we haven't even mentioned his terrorist bedfellows, that one really has me in stiches!

Apparently the Tories thought it serious enough to start warning people over twitter:
http://www.theguardian.com/politics/2015/sep/13/tory-theme-corbyn-threat-na...

Utterly contemptible really.
1
 Jon Stewart 13 Sep 2015
In reply to Trevers:

> Utterly contemptible really.

Or rather amusing, when coupled with that concerned Cameron face.
1
 wbo 13 Sep 2015
In reply to Jon Stewart: Ah who can tell how much calamity he can wreak as the powerless leader of a minority opposition. It's a good job the conservatives have a majority and can do what they see fit.

Although oddly i see that one of their own has spoken out about the upcoming union bill. What's worse, labour trending back to the 70's or David Cameron trending back to General Franco?

 Trevers 13 Sep 2015
In reply to Jon Stewart:

> Or rather amusing, when coupled with that concerned Cameron face.

The two aren't mutually exclusive
 dek 14 Sep 2015
In reply to Trevers:




> Utterly contemptible really.

Also nicknamed among his labour colleagues as Jeremy Cor Bin~Laden.
Utterly brilliant really.
2
 Skyfall 14 Sep 2015
In reply to Jon Stewart:

Unfortunately some of us can remember the last old labour governments and the power of the unions. Whilst the Tories have many faults, god help us if Corbyn et al ever get elected. I suspect in fact they would be 'unelectable' for that reason but it's enough to make people worry.
4
 Trevers 14 Sep 2015
In reply to dek:
> Also nicknamed among his labour colleagues as Jeremy Cor Bin~Laden.

> Utterly brilliant really.

Sounds like the sort of thing The Sun might be proud of. At least Labour have a sense of irony I suppose.
Post edited at 00:22
 Roadrunner5 14 Sep 2015
In reply to Skyfall:

> Unfortunately some of us can remember the last old labour governments and the power of the unions. Whilst the Tories have many faults, god help us if Corbyn et al ever get elected. I suspect in fact they would be 'unelectable' for that reason but it's enough to make people worry.

This will be a disliked post..

But I wonder how much this is the old hard lefters and the new voters who never knew anything but Blair... I'm 35 on the cusp on knowing the labour party pre Blair. I remember my primary school teacher playing through the news of Thatchers resignation when I was 10. I think it was one of my first political memories.
 summo 14 Sep 2015
In reply to Shani:
> Hyperinflation? How so?

have a look back at the UK's inflation rate in that era. It was blasting along.
2
 summo 14 Sep 2015
In reply to Skyfall:

> Unfortunately some of us can remember the last old labour governments and the power of the unions. Whilst the Tories have many faults, god help us if Corbyn et al ever get elected. I suspect in fact they would be 'unelectable' for that reason but it's enough to make people worry.

There in lies the future problem, with the joys of the late 70s drifting further away, those who recall the events with any clarity are getting older. There is a whole new generation who probably won't have heard about how grim many aspects were and think JC is representing some new way, rather than a failed old way.

2
 MG 14 Sep 2015
In reply to Jon Stewart:



> There are loads of union nobs out there who are connected to Corbyn, obviously, given his background and pro-union stance. What I've not got my head around is why I should be scared of them. Do they have the power to take over and break our economy?

Well we now have a shadow Chancellor who favours(ed?)nationalisation without compensation (ie theft). You're happy with this?
3
 Offwidth 14 Sep 2015
In reply to MG:

What do you expect? John Macdonald is his bestest MP mate and the man who got him elected. Old fashioned leftist nepotism and the exact opposite message to be sending if he is serious about a broad based shadow cabinet. Those expecting open democracy away from the hard leftist influence in Unions will be in for a dissapointment as Len McKlusky is also a close pal. Already he has problems with women in the cabinet... too few and too many from London.

This stuff about gutter press smearing him as far left is just daft. I've worked in these circles and listened to quite a few of them speak in union events and the motions they support and watch how those of a similar politics vote in private meetings. I think of them as far left but not as far left as the trots (who strongly mobilised to help get him elected as he suits their ends). If people want to think of him as old labour, think the minority Bennite leftistm group in that time. Like his mentor he seems to be an honest guy and a great constituency MP but even in his own seat Tony couldnt hold his electability on his politics ... it was his hard work for his constituents that gave him the majority... plenty voted for him who disagreed with his politics in what was an old school working class contituency of that time.
1
 Offwidth 14 Sep 2015
In reply to summo:

Old people are the ones who vote the most reliability and the numbers of these new young registered supporters are a drop in the ocean compared to the partlamentary swings they need to acheive (and thousands will be trot linked and under party rules may be booted out). The young people I teach on average seemed to have moved quite a bit to the right over the decades but Ill have to wait and see what they think of JC when term starts.
 Offwidth 14 Sep 2015
In reply to summo:

Old people are the ones who vote the most reliability and the numbers of these new young registered supporters are a drop in the ocean compared to the partlamentary swings they need to acheive (and thousands will be trot linked and under party rules may be booted out). The young people I teach on average seemed to have moved quite a bit to the right over the decades but Ill have to wait and see what they think of JC when term starts.
 summo 14 Sep 2015
In reply to Offwidth:
Granted the number of new voters joining the labour party is very low in a UK relative sense. If in fact there were any new voters, some will simply not have bothered until it became so cheap at £3.
Post edited at 08:48
2
 Shani 14 Sep 2015
In reply to summo:

> have a look back at the UK's inflation rate in that era. It was blasting along.

I didn't say we the UK haven't had inflation problems in the past. You were predicting HYPERINFLATION if Labour get in to power today. What I am asking for is the detail of the mechanism. Can you please provide a bit more detail?

Unfortunately we are back in a position where your failure to grasp macroeconomics mean that all you can do is parrot the (Sun/Mail) Snail propaganda.

But let me put a few things out there for you to look in to. We are in a deflationary period or at least a period of 0% - and this DESPITE the several hundred billion printed in QE. Think about that for a moment - 0% inflation and £200bn printed and the governments borrowing rates are . These are NOT normal economic times.

We NEED inflation to drive investment. Like others above, you don't seem to understand how PQE works - how it can be feathered and cannot really lead to inflation in an economy where productivity is low, interest rates are 0%, government borrowing rates are low, we have new investment streams such as kickstarter funding and a large supply of cheap labour....oh, and one of the drivers of 70's inflation, oil, is at record lows and tanking.
 neilh 14 Sep 2015
In reply to Tyler:

A bit more conservative like. That will put the cat among the pigeons if it happend

http://www.theguardian.com/world/2015/sep/12/greece-elections-new-democracy...
 MG 14 Sep 2015
In reply to Offwidth:

> What do you expect? John Macdonald is his bestest MP mate and the man who got him elected. Old fashioned leftist nepotism and the exact opposite message to be sending if he is serious about a broad based shadow cabinet. Those expecting open democracy away from the hard leftist influence in Unions will be in for a dissapointment as Len McKlusky is also a close pal. Already he has problems with women in the cabinet... too few and too many from London.

Yes, it looks terrible. I do find it ironic the criticism received by the Tories for being too Etonian/posh/male etc. by exactly the same group now running the Labour shadow cabinet who are just as much a closed, insular group. Equally how Corbyn is somehow not seen as a careerist politician but an "outsider", "shaking-up" politics. What has he done in the last 30+ years other be an MP??
2
 Shani 14 Sep 2015
In reply to summo:

> There in lies the future problem, with the joys of the late 70s drifting further away, those who recall the events with any clarity are getting older. There is a whole new generation who probably won't have heard about how grim many aspects were and think JC is representing some new way, rather than a failed old way.

You're not young are you? If you were a 20 something in the UK, saddled with debts from studying, not able to afford a first home, unable to get a job other than in a supermarket......

If I may be so bold as to paraphrase you, "You are part of a whole old generation who probably won't have heard about how grim many aspects are (as the Snail doesn't report on them), and think DC is representing some new way, rather than a failed old way."
1
 Shani 14 Sep 2015
In reply to Postmanpat:

> Funny how Murphy, a retired accountant, is so often billed as an economist.


You mean Professor Richard Murphy? At least he has worked with financial numbers rather than dates unlike the HISTORIAN George Osborne.
 MG 14 Sep 2015
In reply to Shani:

> You mean Professor Richard Murphy? At least he has worked with financial numbers rather than dates unlike the HISTORIAN George Osborne.

Murphy isn't Shadow Chancellor. And Professor??
2
 Shani 14 Sep 2015
In reply to MG:

> Murphy isn't Shadow Chancellor. And Professor??

He has been appointed as Professor of Practice in International Political Economy in the Department of International Politics at City University.

True he is not Shadow Chancellor and I don't care much for the guy who is. But Murphy has Corbyn's ear and at least by not being in the Cabinet he can maintain his impartial voice.
1
KevinD 14 Sep 2015
In reply to MG:

> Equally how Corbyn is somehow not seen as a careerist politician but an "outsider", "shaking-up" politics.

For the same reason Farage is.

2
 MG 14 Sep 2015
In reply to KevinD:

His supporters agree with him so it's all right?
2
 neilh 14 Sep 2015
In reply to Shani:

Sounds almost like the late 70's. But you are too young to remember that...........
3
KevinD 14 Sep 2015
In reply to MG:

> His supporters agree with him so it's all right?

ermm no. Try again
 Shani 14 Sep 2015
In reply to neilh:

> Sounds almost like the late 70's. But you are too young to remember that...........

Nope, I was there in the 70's and remember it well.
 neil0968 14 Sep 2015
In reply to Yanis Nayu:

the torries will love as its now assured they will win the next election. the man is a reborn michael foot
2
 Postmanpat 14 Sep 2015
In reply to Shani:

> You mean Professor Richard Murphy? At least he has worked with financial numbers rather than dates unlike the HISTORIAN George Osborne.

Is that a serious comment? Osborne has the whole of the teeasury and independent advisors to advise him. Murphy is the advisor!
2
 Shani 14 Sep 2015
In reply to neil0968:

> the torries will love as its now assured they will win the next election. the man is a reborn michael foot

One of Corbyn's great ideas is that of a Green Investment bank through which to direct 'helicopter' money in to infrastructure projects "the Green Investment Bank [should] fund sustainable energy, local authorities to pay for new houses, NHS trusts to build new hospitals and education authorities to build schools."

This will be cheaper than PFI and other investment strategies as the Government can borrow more cheaply than private investors at the moment.

An LSE Growth Commission Report states that "In the 2012 World Economic Forum report on global competitiveness,
the UK was ranked only 24th for ‘quality of overall infrastructure’." So investing in our infrastructure makes sense to me. (www.lse.ac.uk/researchAndExpertise/units/growthCommission/documents/pdf/lseGCrep-Chap3.pdf)

Don't get me wrong - I don't think that JC is the Messiah and there is a lot I disagree with (he is a politician after all) - but we should look at his policies, some of which are VERY interesting, progressive and informed.
 Shani 14 Sep 2015
In reply to Postmanpat:

> Is that a serious comment? Osborne has the whole of the teeasury and independent advisors to advise him. Murphy is the advisor!

Do you *REALLY* believe that JC will ONLY be advised by Richard Murphy? You are being silly.
1
 Postmanpat 14 Sep 2015
In reply to Shani:

> I didn't say we the UK haven't had inflation problems in the past. You were predicting HYPERINFLATION if Labour get in to power today. What I am asking for is the detail of the mechanism. Can you please provide a bit more detail?

> Unfortunately we are back in a position where your failure to grasp macroeconomics mean that all you can do is parrot the (Sun/Mail) Snail propaganda.

> But let me put a few things out there for you to look in to. We are in a deflationary period or at least a period of 0% - and this DESPITE the several hundred billion printed in QE. Think about that for a moment - 0% inflation and £200bn printed and the governments borrowing rates are . These are NOT normal economic times.

>
There's no inflation because the money multiplier is dysfunctional. PQP bypasses the problem but creates new one : first inflation, secondly it becomes addictive. Do you really think that a Statist party wanting votes will know when to stop spending if they think they've found the magic money tree?

3
 summo 14 Sep 2015
In reply to Shani:

> I didn't say we the UK haven't had inflation problems in the past. You were predicting HYPERINFLATION if Labour get in to power today. What I am asking for is the detail of the mechanism. Can you please provide a bit more detail?

you read one thing and think something else. I didn't predict it, I listed all the things which happened the last time labour had a leader with the same economic strategy as Corbyn. It won't happen as Corbyn will never be PM. My point this isn't new politics, or even previously successful politics, Corbyn's politics have been proven not to work in the past.

> These are NOT normal economic times.

Nope, way too much debt and a history of nations not living within their means in recent times.

> We NEED inflation to drive investment.

Nope, inflation kills it, as any growth is eaten up by the increased cost of everything. There is little point in having a GDP increase of 5% annually, if inflation is at 10% and interest rates at 7%.
2
 krikoman 14 Sep 2015
In reply to Postmanpat:

> There's no inflation because the money multiplier is dysfunctional. PQP bypasses the problem but creates new one : first inflation, secondly it becomes addictive. Do you really think that a Statist party wanting votes will know when to stop spending if they think they've found the magic money tree?

But you need inflation for growth, nearly all economists agree with this, as long as it's kept under control inflation is not a bad thing!!
 neilh 14 Sep 2015
In reply to Shani:

And it was grim, even graduates could not get good jobs ( and at that time graudates were still only about 5% of that age group). Whole heavy industrial areas were being destroyed. Unemployment was far higher.

So let us not pretend that this generation have it tougher than before. Tough, but different is the better description.Different difficult issues.
2
 Shani 14 Sep 2015
In reply to Postmanpat:

> first inflation, secondly it becomes addictive. Do you really think that a Statist party wanting votes will know when to stop spending if they think they've found the magic money tree?

I'm starting to think that you are the kind of person that thinks Labour precipitated the crash of 2007/8!

1. How has QE in the past 5 years affected inflation in the UK, or Japan, or the US, or in Europe?
2. Is your second point evidenced or are you just parroting Snail hysteria?

Again, I am not necessarily pro JC, but I do think we need to look critically at his policies given our current global economic problems.
1
 Postmanpat 14 Sep 2015
In reply to krikoman:

> But you need inflation for growth, nearly all economists agree with this, as long as it's kept under control inflation is not a bad thing!!

And inflation is difficult to control at the best of times. Cf. boom and bust. But if your reelection depends on your commitment to spending which depends on pqe then you have no chance.
2
 Postmanpat 14 Sep 2015
In reply to Shani:

> I'm starting to think that you are the kind of person that thinks Labour precipitated the crash of 2007/8!

> 1. How has QE in the past 5 years affected inflation in the UK, or Japan, or the US, or in Europe?

Well,firstly youve completed ignore my point about the money multiplier which addressed thos issue.Please respond to that.
Secondly, we dont know. Its a counterfactual because we don't know what deflation might have been withput QE.
> 2. Is your second point evidenced or are you just parroting Snail hysteria?

Its evidenced by at least the past 70 years of governments bribing electorates. Its what politicians do.
Please dont resort to the tired DM insults as an alternative to discussion.
> Again, I am not necessarily pro JC, but I do think we need to look critically at his policies

Which is what I'm doing!!

2
 Shani 14 Sep 2015
In reply to Postmanpat:

> And inflation is difficult to control at the best of times. Cf. boom and bust. But if your reelection depends on your commitment to spending which depends on pqe then you have no chance.

Our current problem is a lack of inflation. We need to create it.
 summo 14 Sep 2015
In reply to Shani:
> You're not young are you? If you were a 20 something in the UK, saddled with debts from studying, not able to afford a first home, unable to get a job other than in a supermarket......

none of these problems are going to be solved by JC's economics. What is wrong with people working in a supermarket, somebody has to? Why does everyone have to own a home? Why does everyone have to have an expensive degree education?

Any 20 something saddled with debts right now, would be from their living costs when studying, not their fees. These costs are entirely in their hands and dictated by their chosen lifestyle at uni. If they went into FE or worked etc.. would be their own choice too. When labour told everyone they could all have degrees 10 -20 years ago, what did people think was going to happen to the jobs market.
Post edited at 10:41
2
 summo 14 Sep 2015
In reply to Shani:

> Our current problem is a lack of inflation. We need to create it.

yeah, nothing like a bit of debt fuelled growth to solve the world's fiscal problems. Borrowing certainly solved Greece's problems, it has nothing to do with the Chinese economy slowly dying on it's a$$ either.

2
In reply to Shani:
I think you're making the mistake of assuming because we have had very little inflation that QE is safe. Firstly you need ask yourself what the state of inflation would have been without QE?...deflation is almost certainly the outcome. So it has been inflationary...it has kept us hovering around zero rather than negative deflation.

Also certain things like energy costs have come down regardless of QE and have effected the inflation figure recently.

Just pointing out that there are multiple factors at work here and it's simplistic to assume that QE has not been inflationary without looking at it in more depth.
Post edited at 10:43
2
 Shani 14 Sep 2015
In reply to Postmanpat:

> Well,firstly youve completed ignore my point about the money multiplier which addressed thos issue.Please respond to that.

From Standard & Poor's Investment Report Service: "Inadequate investment in infrastructure has become a significant obstacle to doing business in the U.K., and the WEF’s Global Competitiveness Report ranks the quality of the country’s overall infrastructure 27th in the world.

Output per hour in the U.K. is below the average for the rest of the G7 industrialized economies; last year, one hour of work in the U.S. produced 40% more than one hour of work in Britain.

In our view, insufficient investment in infrastructure has been one of the key factors explaining weak productivity performance in the U.K."

And:

"Generally speaking, we found the multiplier effect to be greater in developing economies than for more developed
countries (with the notable exception of the U.K., which we determined to have the highest potential multiplier effect
of the countries we looked at, for reasons detailed below). "

http://media.mhfi.com/documents/20150211-sprs-infrastructure.pdf
 Shani 14 Sep 2015
In reply to summo:

> yeah, nothing like a bit of debt fuelled growth to solve the world's fiscal problems. Borrowing certainly solved Greece's problems, it has nothing to do with the Chinese economy slowly dying on it's a$$ either.

Greece is a special case - they're locked in to a shared currency. As I've said before, you need to bone up on macroeconomics and stop using your knowledge of housekeeping to resolve global financial problems.
 summo 14 Sep 2015
In reply to Shani:

> As I've said before, you need to bone up on macroeconomics

is that your standard answer for every argument you can't justify an answer to? I admit I only did economics to A level, but then Greece had an economics professor in charge of finances (briefly), but it hasn't helped them. So perhaps qualifications in a field are no indication of ability?




1
 Shani 14 Sep 2015
In reply to summo:

> is that your standard answer for every argument you can't justify an answer to? I admit I only did economics to A level, but then Greece had an economics professor in charge of finances (briefly), but it hasn't helped them. So perhaps qualifications in a field are no indication of ability?

It is just that you are repeating the same narrow and wrong narrative. Varoufakis' plans were NEVER employed, and his initial criticisms of the TROIKA's (unworkable) plan have subsequently been vindicated.

www.marketwatch.com/story/varoufakis-vindicated-while-lagarde-emerges-as-a-loser-2015-08-03
 summo 14 Sep 2015
In reply to Shani:

> It is just that you are repeating the same narrow and wrong narrative. Varoufakis' plans were NEVER employed, and his initial criticisms of the TROIKA's (unworkable) plan have subsequently been vindicated.

There were plenty of other options to repay the debt over longer terms, but both sides chose a very black or white tactic. There was potentially mid ground to be met at it, but neither chose it and with the troika holding all the Aces, Greece had to go with their plan. Had Greece moved a little more in negotiations, perhaps a year ago, then they might have been met half way, instead Greece risked it's whole population's future in trying to call the troika's bluff, despite not holding any decent cards, the current end result was inevitable. More fool them.
1
 Shani 14 Sep 2015
In reply to summo:

> There were plenty of other options to repay the debt over longer terms, but both sides chose a very black or white tactic. There was potentially mid ground to be met at it, but neither chose it and with the troika holding all the Aces, Greece had to go with their plan. Had Greece moved a little more in negotiations, perhaps a year ago, then they might have been met half way, instead Greece risked it's whole population's future in trying to call the troika's bluff, despite not holding any decent cards, the current end result was inevitable. More fool them.

To quote myself "... you are repeating the same narrow and wrong narrative"
 summo 14 Sep 2015
In reply to Shani:
> To quote myself "... you are repeating the same narrow and wrong narrative"

sometimes the truth doesn't sink in, not matter how much you say it. People only hear what they want to hear.

Can you list any country in the whole world, that has used the policies or economics you talk of successfully, long term. ie 20,30,40 years and not had problems because of them??
Post edited at 11:08
1
 Shani 14 Sep 2015
In reply to Bjartur i Sumarhus:

> I think you're making the mistake of assuming because we have had very little inflation that QE is safe. Firstly you need ask yourself what the state of inflation would have been without QE?...deflation is almost certainly the outcome. So it has been inflationary...it has kept us hovering around zero rather than negative deflation.

Yes but look at the amounts of QE globally - and in most if not all cases inflation is low. QE can be used when interest rate manipulation is ineffective. Every developed country that has raised interest rates since 2007/8 has since lowered them again.

> Also certain things like energy costs have come down regardless of QE and have effected the inflation figure recently.

I agree - because the world's problems are demand side. You have to address the demand side of the problem.

> Just pointing out that there are multiple factors at work here and it's simplistic to assume that QE has not been inflationary without looking at it in more depth.

Yep, agreed.
1
 Shani 14 Sep 2015
In reply to summo:

> sometimes the truth doesn't sink in, not matter how much you say it. People only hear what they want to hear.

> Can you list any country in the whole world, that has used the policies or economics you talk of successfully, long term. ie 20,30,40 years and not had problems because of them??

For the love of God - these are NOT normal economic times.
1
 Jon Stewart 14 Sep 2015
In reply to summo:

> yeah, nothing like a bit of debt fuelled growth to solve the world's fiscal problems...

All these views on macroeconomics are just opinion, some better informed than others. It isn't a science, it has no predictive power, and given that whatever the world's most educated, experienced and influential economists say always turns out to be wrong, I don't think you've got much hope of getting it right.

There's never a counterfactual, we don't know what would have happened had a different tax, spend (and print) policy had been adopted since 2010. Maybe growth would have been higher if we'd had deeper cuts; or increased spending; or cut taxes more; or raised them; or printed more; or given it to someone else; or if it was all the fault of the Eurozone; or China...we will never know.

The arguments about fiscal policy and growth will never end because there will never be valid evidence; the economic left will always claim that you can encourage growth by borrowing and spending and they will never be proven right or wrong. The right will always claim that we need to cut taxes and reign in spending and that this encourages growth. Does growth after 7 years prove them right? It's just opinion, without knowing what would have happened otherwise. Given that with enough time, the cycle will always continue to turn and policy will swing backwards and forwards in harmony, the whole discussion ends up feeling rather futile.
1
 summo 14 Sep 2015
In reply to Shani:

> For the love of God - these are NOT normal economic times.

so what you are saying is that the policies you claim will work, have never ever been used before, in any country in the whole world, at any time in history? Yet, you seem to think they'll work? Are you wiser than all the economics advisers to every country in the world in recent history, future nobel prize coming your way soon?

1
 summo 14 Sep 2015
In reply to Jon Stewart:
> All these views on macroeconomics are just opinion,..... I don't think you've got much hope of getting it right.
> There's never a counterfactual, we don't know what would have happened had a different tax, spend (and print) policy had been adopted since 2010.
> The arguments about fiscal policy and growth will never end because there will never be valid evidence;

there is some science in the economic history, the more data that is gathered, the more modelling can 'predict' future outcomes. But, with so many variables, which are fluid, then outcomes will never ever be precise, or perhaps not even 50% accurate. Plus even if you predict event A, countries beyond normal control can spring a currency devaluation or in recent cases (Greece) you have an election result which changes the whole direction of their policies. The USA could have the same next year.

But, the policies which Jc and some here propose, have never worked. It's not a question of it work in country Y etc.. because there is no data that shows they've been successful long term at all, anywhere in the world. Who would be crazy enough to risk a whole nation's future on it?

How do you think traders make money, they predict the markets, it's not all magic you know.
Post edited at 11:19
2
 Jon Stewart 14 Sep 2015
In reply to summo:

> How do you think traders make money, they predict the markets, it's not all magic you know.

How do you think they ended up owing us a trillion quid?

Christ.
1
 Shani 14 Sep 2015
In reply to summo:

> so what you are saying is that the policies you claim will work, have never ever been used before, in any country in the whole world, at any time in history? Yet, you seem to think they'll work? Are you wiser than all the economics advisers to every country in the world in recent history, future nobel prize coming your way soon?

You are once again emoting, and doing so from a position of ignorance. Inequality is underlying much of our malise. Just as the socialist and communist models of the past have proven to eventually fail through corruption and economic and technical inhibition, so to neoliberal capitalism has hit the same point having become a busted flush.

The economic sweet spot is somewhere in the middle. The ideas above are not MY ideas, they come from economists and other people in the financial world who are looking at WHY the current global financial model is broken and what we might try to fix it.

You are fantasizing when you say "Are you wiser than all the economics advisers to every country in the world in recent history" as many notable economists - including Nobel winners, are suggesting new models not too dissimilar to Corbynomics (Of course you know this as one of them is Varoufakis). So by 'all' you mean 'some'.

Please keep emoting if it makes you happy.


3
 summo 14 Sep 2015
In reply to Jon Stewart:

> How do you think they ended up owing us a trillion quid?
> Christ.

I presume that is you labelling the whole sector, off the back of a very small minorities problem? Christ!!!

1
 Jon Stewart 14 Sep 2015
In reply to summo:
This conversation is nonsense. A minute ago we were talking about macroeconomics and fiscal policy, now we're talking about trading.

But since we've turned that corner, "a very small minorities problem"? You are insane.
Post edited at 11:27
3
 summo 14 Sep 2015
In reply to Shani:

> . The ideas above are not MY ideas, they come from economists and other people in the financial world who are looking at WHY the current global financial model is broken and what we might try to fix it.

but no nation is implementing them, ever wonder why? Is it possible that no model actually works overall long term. There will always be highs and lows. Or inequality, those people who have less, aspire to have more, but that is how those who have lots got there in the first place, it's a human trait, greed, lack of contentment etc.. it's probably one of drivers that allowed our species to evolve so much. No society is perfectly flat or equal, you can't create the growth without desire & reward, which always means some will do better than others.
1
 summo 14 Sep 2015
In reply to Jon Stewart:


> But since we've turned that corner, "a very small minorities problem"? You are insane.

resorting to slagging? because you can't argue the point or know you are wrong. Are you telling me the person who manages your pension fund, or the bank clerk are guilty of causing the crash. It's not me that's insane.
1
 Shani 14 Sep 2015
In reply to summo:

> How do you think traders make money, they predict the markets, it's not all magic you know.

I don't know - fixing LIBOR? Money laundering (HSBC)? Miss-selling of pensions? PPI?

Let's ask Nick Leeson or Jerome Kerviel!

How do you think we ended up bailing out the banks?
 Shani 14 Sep 2015
In reply to summo:
> but no nation is implementing them, ever wonder why?

Because they are listening to you and you seem to know what you are on about.

(Your position does seem to go against the Standard & Poor report that I posted at 10:43 Mon)
Post edited at 11:39
 Jon Stewart 14 Sep 2015
In reply to summo:

I'm saying that to say that financial crash of 2008 was a "very small minorities problem" is insane. It's so wildly off the wall, so far from reality, that I can't even see where I should begin arguing against it. Or indeed that I need to. The person who manages my pension fund is able to do so because governments bailed the entire system out, not because they weren't affected. There was no implication anywhere that the bank clerk was responsible for the crash. I can't have a reasoned argument with you, because the things you come out with are mental.

cragtaff 14 Sep 2015
In reply to Yanis Nayu:

For the first time ever I find myself having huge respect for the Labour Party. They have elected a leader for his socialist beliefs and policies rather than personality. They have elected a leader who represents what labour stands for, even in the full knowledge that it makes them unelectable they hold onto their principles.

Hats off to them for not compromising principles just to get power.
In reply to cragtaff:

On that basis I assume you also have huge respect for UKIP ?
 Shani 14 Sep 2015
In reply to Jon Stewart:

> How do you think they ended up owing us a trillion quid?

> Christ.

Indeed:

"By issuing its new memorandum the Justice Department is tacitly admitting that its experiment in refusing to prosecute the senior bankers that led the fraud epidemics that caused our economic crisis failed. The result was the death of accountability, of justice, and of deterrence. The result was a wave of recidivism in which elite bankers continued to defraud the public after promising to cease their crimes. The new Justice Department policy, correctly, restores the Department’s publicly stated policy in Spring 2009. Attorney General Holder and then U.S. Attorney Loretta Lynch ignored that policy emphasizing the need to prosecute elite white-collar criminals and refused to prosecute the senior bankers who led the fraud epidemics.

...

The Justice Department, through Chris Swecker, the FBI official in charge of the response to mortgage fraud, issued two public warnings in September 2004 — eleven years ago. First, there was an “epidemic” of mortgage fraud. Second it would cause a financial “crisis” if it were not stopped. "

http://neweconomicperspectives.org/2015/09/now-the-doj-admits-they-got-it-w...
1
 summo 14 Sep 2015
In reply to Shani:

> How do you think we ended up bailing out the banks?
As a percentage the number of employees involved in any fraud that caused the 'crash' is less than 1%.
the number of banks that were bailed out, probably represents less than 5% the entire banking sector.

Had the private and public sector carried less debt overall, weren't so leveraged, then the crash would have had very little impact. Countries whose banking sectors were ran a little more stringently experienced no banking problems whatsoever. There in lies the problem and solution, less debt, more flexibility. The Uk and the world will need it soon.
1
 summo 14 Sep 2015
In reply to Jon Stewart:

> . I can't have a reasoned argument with you, because the things you come out with are mental.

I won't debate with anyone who targets the person, rather than their opinion, it's just too childish for me, so problem solved there.
1
 Shani 14 Sep 2015
In reply to summo:

> but no nation is implementing them, ever wonder why? Is it possible that no model actually works overall long term.

Have a look at Germany's investment strategy:

"Germany’s federal government intends to increase its planned investment programme to €15 billion, with an eye on cities and municipalities. A meeting of high-ranking coalition members agreed to top up the €10 billion plan, which was scheduled to be implemented by 2018, with a €5 billion investment programme for municipalities.

First and foremost, it is meant to benefit financially weak cities and municipalities. These are to be assisted in dismantling the investment jam for roads, schools and municipal buildings. "

http://www.euractiv.com/sections/innovation-industry/german-government-bols...

 Postmanpat 14 Sep 2015
In reply to Shani:

> From Standard & Poor's Investment Report Service: "Inadequate investment in infrastructure has become a significant obstacle to doing business in the U

You appear to be muddling up the money (credit) multiplier effect (the lack of which i cited as a readon for the lack of inflation) with the multiplier effect of infrastructural spending. Nobody doubts that the latter stimulates the economy, hence Osborne's northern hub etc.

If tou muddle basic concepts up it makes discussion difficult.

> And:

> "Generally speaking, we found the multiplier effect to be greater in developing economies than for more developed

> countries (with the notable exception of the U.K., which we determined to have the highest potential multiplier effect

> of the countries we looked at, for reasons detailed below). "


1
 summo 14 Sep 2015
In reply to Shani:

> Have a look at Germany's investment strategy:

which proves what exactly? Is Germany's model the path for all to follow, what makes their way better?

Germany is caught in a trap it has to grow, continually. It's trade surplus is solely down to the EU market, but it's also the euro engine, so it's funding it's own success through the Euro etc.. if one fails, it all starts to come tumbling down. Germany almost hit recession last year, so it has to do something otherwise the engine stops. I think rather than a Keynesian policy of borrow/spend to keep the Euro going, they would prefer to see structural reform in the crisis countries.
1
 Roadrunner5 14 Sep 2015
In reply to cragtaff:

> For the first time ever I find myself having huge respect for the Labour Party. They have elected a leader for his socialist beliefs and policies rather than personality. They have elected a leader who represents what labour stands for, even in the full knowledge that it makes them unelectable they hold onto their principles.

> Hats off to them for not compromising principles just to get power.

You say that because you disagree with New Labour..

Quite clearly Blair had very strong policies, people voted for that, he moved the labour paty to centre ground, very successfully.
1
 Shani 14 Sep 2015
In reply to Postmanpat:
> You appear to be muddling up the money (credit) multiplier effect (the lack of which i cited as a readon for the lack of inflation) with the multiplier effect of infrastructural spending. Nobody doubts that the latter stimulates the economy, hence Osborne's northern hub etc.

> If tou muddle basic concepts up it makes discussion difficult.

My bad.

> There's no inflation because the money multiplier is dysfunctional. PQP bypasses the problem but creates new one : first inflation, secondly it becomes addictive.

My knowledge is reaching its limits here, but when the MM decreases can't this lead to deflationary pressure? If so, how do you get to the worry of inflation?

As an aside, one worrisome problem of PQE is that it bypasses the central bank....
Post edited at 12:38
 krikoman 14 Sep 2015
In reply to Postmanpat:

> And inflation is difficult to control at the best of times. Cf. boom and bust. But if your reelection depends on your commitment to spending which depends on pqe then you have no chance.

But it doesn't depend on that does it?

What was said was that if you going to have QE (because you have zero or negative inflation) then you might as well have PQE. The whole proposal is about using the money in a different place. They've already noted the fact you have to keep inflation under control!!

there are people on here shouting inflation is the devil's work, but it isn't and it shows their lack of knowledge when talking about economics.

If you're spouting bullshit against something you don't like and using this as your argument, then you have no argument.
2
 Postmanpat 14 Sep 2015
In reply to Shani:

> My knowledge is reaching its limits here, but when the MM decreases can't this lead to deflationary pressure? If so, how do you get to the worry of inflation?

It doesnt so much create deflationary pressure as fail to create adequate inflationary pressure (except for asset inflation which is regarded as a positive stimilus for the economy but carries its own risks and downsides)

> As an aside, one worrisome problem of PQE is that it bypasses the central bank....

No, it actually ends the independence of the BOE by forcing it to buy specific assets
 Postmanpat 14 Sep 2015
In reply to krikoman:

> But it doesn't depend on that does it?

> What was said was that if you going to have QE (because you have zero or negative inflation) then you might as well have PQE. The whole proposal is about using the money in a different place. They've already noted the fact you have to keep inflation under control!!

Yes, but as explained above, they work in different ways.
Corbynpmis wants the State to spend more but recognises that simply borrowing more is a lost argument. It therefore takes the option of printing money instead, effectivly monetising debt. As a one off tool this has some attraction (and downsides)but it makes the policy almost impossible to stop hence they lose control of inflation. It takes away any disciline tjat markets impose on spending.
> there are people on here shouting inflation is the devil's work, but it isn't and it shows their lack of knowledge when talking about economics.

Its almost universally understood that a little inflation is a good thing, hence the 2% target.

> If you're spouting bullshit against something you don't like and using this as your argument, then you have no argument.

But not, im discssing how QE And Pqe work and their relative attributes.
In reply to krikoman:

I don't think anyone is saying inflation is bad per se, more that uncontrolled inflation is bad. We are arguing over the ability to control the inflationary reaction to PQE (if indeed there was any). I, for one do not have the answer to this quandary but am currently in the "not a good idea" camp...but my mind isn't closed on it and am enjoying the debate and reading the counter ideas.
 MG 14 Sep 2015
In reply to Postmanpat:
> But not, im discssing how QE And Pqe work and their relative attributes.

Leaving aside whether either is currently a good idea, what are the arguments against what Corbyn is proposing? As I understand it he is proposing funding say new railways by inventing money instead of through debt, rather than buying government debt by inventing money as done currently. I can see the obvious one that stopping with half a railway is no good if inflation starts to take off, but are there others?
Post edited at 13:40
1
 Shani 14 Sep 2015
In reply to Postmanpat:

> It doesnt so much create deflationary pressure as fail to create adequate inflationary pressure (except for asset inflation which is regarded as a positive stimilus for the economy but carries its own risks and downsides)

It can be deflationary when banks use QE to increase their reserves "[as it] is not increasing the money supply, it is not multiplying, it is not creating inflation. It is going to boost the balance sheets of the banks." PQE circumvents this by forcing the cash in to the wider economy. Specifically this would increase velocity of money due to the nature of where this money will end up; in wage packets of the many, across all parts of the land..

http://inflationdata.com/articles/2010/04/12/velocity-of-money-and-money-mu...

> No, it actually ends the independence of the BOE by forcing it to buy specific assets

So you mean "Yes, it is worrisome".
 Shani 14 Sep 2015
In reply to Postmanpat:

> It therefore takes the option of printing money instead, effectivly monetising debt. As a one off tool this has some attraction (and downsides)but it makes the policy almost impossible to stop hence they lose control of inflation. It takes away any disciline tjat markets impose on spending.

We've already covered this haven't we. £200bn printed and only the banks (and the wealthy), have benefited. Inflation at 0%.....

Also, consider that once we have inflation we can then begin to use interest rates once again. Don't forget that Corbyn is talking £50bn on a yearly basis. Cancelling Trident gives him £100bn for a start.

1
 Postmanpat 14 Sep 2015
In reply to MG:

A bit tied up, but i guess that the central issue is that it makes the BOE a tool of government policy and bypasses the debt markets which normally, by pushing up interest rates, restain govt overspending.

By enabling uncontrolled increases in money supply it risks what is effectivly a good old fashioned danasement of the currency.

It also, as i argued above, incentivises any government that believes the State is key to ecomic growth and the best allocator of resources and attracts votes on this basis, to lock itslf into an endless escalation of money printing and this inflation.

When faced with mhs waiting lists, public sector wage demands, or anything else, bingo! Print some more money.

The BOE, of course, rathrr than being the guardian of monetary stabilty, will have become part of the problem.
1
 Postmanpat 14 Sep 2015
In reply to Shani:

> It can be deflationary when banks use QE to increase their reserves "[as it] is not increasing the money supply, it is not multiplying, it is not creating inflation. It is going to boost the balance sheets of the banks."

Ehich the point I've been making to u. Im glad youve got it now.Actually it doesnt all go into reserves so it is probably neutral a very mildy inflationary

And yes PQE circumvents this problem, which i noted above, but creates new ones.



1
 Shani 14 Sep 2015
In reply to Postmanpat:

> Ehich the point I've been making to u. Im glad youve got it now.Actually it doesnt all go into reserves so it is probably neutral a very mildy inflationary

Ok we are in agreement here although I don't agree that it has been generally inflationary - the jury is still out. It has arguably driven an asset bubble and inflation in the housing market (in London/SE).

> And yes PQE circumvents this problem, which i noted above, but creates new ones.

Such as? Please don't predicate your response on 'addiction to printing money'.
 Postmanpat 14 Sep 2015
In reply to Shani:

> We've already covered this haven't we. £200bn printed and only the banks (and the wealthy), have benefited. Inflation at 0%.....

Yes and youve just repeated back my arguments explaining itto me for some reason.
You seem to be under the impression that these arguments also go for PQE despite noting yourself why the two things are different

1
 MG 14 Sep 2015
In reply to Shani:

> Such as? Please don't predicate your response on 'addiction to printing money'.

Isn't this a reasonable fear, given the track record of previous, particularly left-wing, governments?
1
 Shani 14 Sep 2015
In reply to MG:

> Isn't this a reasonable fear, given the track record of previous, particularly left-wing, governments?

Yes, there should be some concern. But there should also be concern about right wing governments and there love of austerity - and the damage/opportunity cost of contracting the economy. There should also be fear of neo-liberal /right wing economics that have led up to the 2007/8 financial crisis.
 Shani 14 Sep 2015
In reply to Postmanpat:

> Yes and youve just repeated back my arguments explaining itto me for some reason.

> You seem to be under the impression that these arguments also go for PQE despite noting yourself why the two things are different

Because the money created will not sit on a bank's balance sheet in an attempt to reduce leverage.
 summo 14 Sep 2015
In reply to Shani:
> Yes, there should be some concern. But there should also be concern about right wing governments and there love of austerity - and the damage/opportunity cost of contracting the economy. There should also be fear of neo-liberal /right wing economics that have led up to the 2007/8 financial crisis.

curiously the tories have history here too, the Barber Boom. Early 70s, printed loads of money (or what ever term you use).

Basically the economy boomed away, 5.3% growth in one quarter alone, then the minute the input was stopped, massive decline, leading on to eventually the winter of discontent, inflation and interest rates at 10%+..... the tories learned their mistakes. Will labour?
Post edited at 15:26
1
 summo 14 Sep 2015
In reply to Yanis Nayu:

In a way it doesn't matter though JC will never be PM, not even close. His new deputy is hardly of equal opinion on many things, Burnham is still baying for power, Chuka sitting on the fence waiting... anyone else with even shred of experience(relative ) has already bailed out of cabinet and the unions are already desperate for blood. It is the union action that cost labour several years in the wilderness through the 80s ... SNP will start snipping if they think labour might get some voters back from Scotland too, even the greens may twitch due to JC cycling veggie stance.

So it should be good sport for a year two. Then it will return to labour of more recent times.
2
 IM 14 Sep 2015
 Shani 14 Sep 2015
In reply to summo:

> curiously the tories have history here too, the Barber Boom. Early 70s, printed loads of money (or what ever term you use).

> Basically the economy boomed away, 5.3% growth in one quarter alone, then the minute the input was stopped, massive decline, leading on to eventually the winter of discontent, inflation and interest rates at 10%+..... the tories learned their mistakes. Will labour?

What did Barber spend the money on? Green infrastructure?

Don't forget that he operated under completely different economic conditions and these are NOT normal economic times. For one, Barber's actions came amid a rise in commodity prices, particularly oil. We are in a low inflationary environment despite printing over £200bn. Despite our debt and recent borrowing the UK can borrow VERY competitively. Sterling fell rapidly under Barber, but plenty of economies are currently trying to bring down their exchange rate to improve competitiveness. You have to think about WHERE the money will end up.
 summo 14 Sep 2015
In reply to Shani:

> Despite our debt and recent borrowing the UK can borrow VERY competitively. Sterling fell rapidly under Barber, but plenty of economies are currently trying to bring down their exchange rate to improve competitiveness. You have to think about WHERE the money will end up.

of course, but if JC got to power you really think the worlds capitalists would be queuing up to lend to him so cheaply, plus isn't it a little two faced of him, to claim borrowing money from the culture he dislikes so much will solve the UKs problems?
 Shani 14 Sep 2015
In reply to summo:

> of course, but if JC got to power you really think the worlds capitalists would be queuing up to lend to him so cheaply, plus isn't it a little two faced of him, to claim borrowing money from the culture he dislikes so much will solve the UKs problems?

You are lurching from emotion to rhetoric with surprising speed. How much has the US spent on QE? It is about $4 trillion!

How big is the US debt? About $18 trillion.

How big is the US deficit? In 2010 it was about $1.2 trillion.

Anyone recall any investment problems for the US? Anyone aware of them being unable to attract investment?

To call JC two-face for borrowing from international markets puts him in a bind; you attack him for being a 'lefty' and now you attack him for engaging in 'right wing' borrowing practices. Now Summo, it is good that you are engaged in politics and economics, but getting your little panties all bunched on the back of The Sun and The Mail will only stress you out!
1
 summo 14 Sep 2015
In reply to Shani:
> Anyone recall any investment problems for the US? Anyone aware of them being unable to attract investment?

That's because people have some level of faith in the economy, even if they did have to vote in senate on extending the borrowing, just to meet the interest payments less than 12mths ago.

If you have JC in the hot seat, his union cronies running industry, then any capitalist nation might not think the UK productivity was going to thrive and the interest rates could easily be higher. The big hitters like china aren't thriving quite so much, Saudi is making cuts because the oil price is squeezing them a little, perhaps money is drying up globally?

> ...., it is good that you are engaged in politics and economics, but getting your little panties all bunched on the back of .....
at least try and act like a mature adult, I'm sure even lefties have it in them, somewhere. I can't remember buying and reading either of those papers, perhaps I should be reading a mature, level, grounded tabloid like the guardian? No wild fanciful ideas in there.
Post edited at 17:06
2
 Postmanpat 14 Sep 2015
In reply to Shani:

> Anyone recall any investment problems for the US? Anyone aware of them being unable to attract investment?

The dollar is the world's reserve currency! As anybody will tell, that puts it in a completely different position.


1
 Shani 14 Sep 2015
In reply to summo:

> If you have JC in the hot seat, his union cronies running industry, then any capitalist nation might not think the UK productivity was going to thrive and the interest rates could easily be higher. The big hitters like china aren't thriving quite so much, Saudi is making cuts because the oil price is squeezing them a little, perhaps money is drying up globally?

Reflect on that opening sentence. It could have come from a red-top.

Do you remember the dire warnings about Iceland defaulting and the impact on future borrowing? Moodys have just upgraded their rating.
2
 neilh 14 Sep 2015
In reply to Shani:

An interesting comparison between two totally different economies. How many people live in Iceland?
 Shani 14 Sep 2015
In reply to neilh:

> An interesting comparison between two totally different economies. How many people live in Iceland?

The comparison wasn't between economies. It was on the similarity between the scaremongering.
1
 Jon Stewart 14 Sep 2015
In reply to Yanis Nayu:

Btw, have you lot seen Jeremy Corbyn The Movie?

http://www.mirror.co.uk/news/uk-news/tories-release-new-jeremy-corbyn-64386...

The gift that just keeps giving indeed, this is gold.
1
Donald82 14 Sep 2015
In reply to summo:

Funny you should mention UK productivity.
Donald82 14 Sep 2015
In reply to MG:

> Isn't this a reasonable fear, given the track record of previous, particularly left-wing, governments?

If you just look at UK left wing governments, then no it's not a reasonable fear.
Donald82 14 Sep 2015
In reply to Postmanpat:

> A bit tied up, but i guess that the central issue is that it makes the BOE a tool of government policy and bypasses the debt markets which normally, by pushing up interest rates, restain govt overspending.

> By enabling uncontrolled increases in money supply it risks what is effectivly a good old fashioned danasement of the currency.

> It also, as i argued above, incentivises any government that believes the State is key to ecomic growth and the best allocator of resources and attracts votes on this basis, to lock itslf into an endless escalation of money printing and this inflation.

> When faced with mhs waiting lists, public sector wage demands, or anything else, bingo! Print some more money.

> The BOE, of course, rathrr than being the guardian of monetary stabilty, will have become part of the problem.

You don't understand what they're proposing on PQE. There are good arguments against it, but this isn't one of them.
Donald82 14 Sep 2015
In reply to neilh:

> An interesting comparison between two totally different economies. How many people live in Iceland?

Why would Britain being much bigger than Iceland mean the markets were less forgiving of default?
1
In reply to Postmanpat:

Do you think that the 'living wage' isn't a ruse to reduce youth unemployment at the expense of older workers? And of course save cash for Big Business.
1
 Postmanpat 14 Sep 2015
In reply to Donald82:
> You don't understand what they're proposing on PQE. There are good arguments against it, but this isn't one of them.

How do I not understand it and why is this argument invalid? Making bald and unsubstantiated assertions really doesn't move the discussion along.

If you mean that the the funds raised cannot be used for current spending then, as the proposal currently stands that is true, but it doesn't rule out the funding of this distinction down the line either by changing the ground rules or simply fudging the distinction. By developing this new funding option for capex that can increase the departmental budgets for current spending. And anyway, that is not the crux of the argument.
Post edited at 21:02
 Postmanpat 14 Sep 2015
In reply to Graeme Alderson:
> Do you think that the 'living wage' isn't a ruse to reduce youth unemployment at the expense of older workers? And of course save cash for Big Business.

No I don't think that. I think it's an attempt to steal the opposition's thunder and I'm certain that if you want to discuss it you should start a separate thread.
Post edited at 20:49
 summo 14 Sep 2015
In reply to Donald82:

> Funny you should mention UK productivity.

why, because it's a joke, lowest in Europe etc.. or because it will only get worse if the unions have their way in coming months?
 summo 14 Sep 2015
In reply to Donald82:
> Why would Britain being much bigger than Iceland mean the markets were less forgiving of default?

it takes a lot more money to save. What the UK pays alone in interest every year on it's trillion plus debt, would cover the iceland bank defaults. So whilst the UK could easily have effectively bailed out Iceland, it would take a much bigger economy, or economies to do the same to the UK.

Iceland defaults was 7 x it's GDP(50 billion), can you imagine anyone letting the UK off if it defaulted 7 times it's GDP? (several trillion).
Post edited at 21:17
1
Donald82 14 Sep 2015
In reply to Postmanpat:

> By enabling uncontrolled increases in money supply
Donald82 14 Sep 2015
In reply to summo:

> why?

Because the current lot's reign has coincided with terrible productivity growth.

Donald82 14 Sep 2015
In reply to summo:

> it takes a lot more money to save.

Do you mean because the UK is less likely to be bailed out?
 Postmanpat 14 Sep 2015
In reply to Donald82:

By enabling uncontrolled increases in money supply>

Well it clearly increases money supply, actually more so than ordinary QE because the bonds purchased are cancelled and so it cannot be reversed.
Because it is being done by the BOE on the instruction of the Government it is not controlled by the BOE, the job of which is supposed to be to control money supply and because it is done independently of any market discipline it is not controlled by markets.

I think it's also illegal under EU law to remove this power from the central bank.

If you mean it is not uncontrolled because the government can stop it (assuming it has control of the issuer), that is true, but for for reasons I've outlined, they are incentivised not to do so.
Donald82 14 Sep 2015
In reply to Postmanpat:

The BoE would be in control of how much money gets 'printed'.

1
 Roadrunner5 14 Sep 2015
In reply to Donald82:

> The BoE would be in control of how much money gets 'printed'.

I thought the whole point of PQE is that the banks are bypassed, they get told how much to print and that is distrubuted directly to the authorities.

Whether that ends the banks independence seems to be debated.
 Postmanpat 14 Sep 2015
In reply to Donald82:
> The BoE would be in control of how much money gets 'printed'.

No, only at the whim of the government or the issuing institution, or according to other criteria than controlling money supply ie.the government's policy on infrastructure spending. The Bank of England to will have to change its monetary policy stance in order to do the bidding of the fiscal authority. This means the end of BOE independence.
I'm not sure you understand how the PQE proposal works.
Post edited at 22:39
Donald82 14 Sep 2015
In reply to Postmanpat:

The BoE is given targets and tools for achieving them. These would be changed. It's not clear, as yet, exactly how. And you could envisage targets that would mess things up - eg target giving us loads of money to spend. But they have been clear that money printing would only be used when it wasn't inflationary*. This would be part of the BoE's target. So what's being proposed is not uncontrolled money printing.**

*This highlights part of their problem. They're saying we can fund all this with PQE but that very much depends on economic conditions. They predict inflation is going to stay low, and they might be right, but it's pretty uncertain.

**Unless they would raise rates to so high as depress the rest of the economy. I'm pretty sure that's not what they're proposing. Could be wrong though.


1
Donald82 14 Sep 2015
In reply to Roadrunner5:

> I thought the whole point of PQE is that the banks are bypassed, they get told how much to print and that is distrubuted directly to the authorities.

Basically yes. It's being proposed as a limited measure though. It would only happen when not inflationary.

> Whether that ends the banks independence seems to be debated.

Yes. It depends how they implement it. It seems likely there would be less independence - ie the banks targets would be more flexible.

1
 Postmanpat 14 Sep 2015
In reply to Donald82:

> The BoE is given targets and tools for achieving them. These would be changed. It's not clear, as yet, exactly how. And you could envisage targets that would mess things up - eg target giving us loads of money to spend. But they have been clear that money printing would only be used when it wasn't inflationary*. This would be part of the BoE's target. So what's being proposed is not uncontrolled money printing.**

So you seem to be acknowledging that the BOE just becomes a tool of government policy. So the BOE is not controlling the amount of money printed. It's just following orders.

The whole point of BOE independence was to stop the Govt interfering with monetary policy in order to pursue it's own ends eg. to lower interest rates ahead of an election. It's utterly naive to think that once they government has retaken control that it will stick to the monetary targets in the same way as an independent BOE does. They didn't before. They won't in the future. Given the lags between monetary expansion and the onset of inflation there is a huge opportunity for the government to game PQE for their own ends.

Basically the government becomes judge jury and executioner. The BOE is just the court messenger. This is not a formula for responsible control.

Donald82 14 Sep 2015
In reply to Postmanpat:

The BoE does what the government tells it to. There are degrees of independence depending on the instructions it's given.

PQE seems sure to lessen independence. But the degree to which it does lessen independence depends a lot on how it's implemented. At one end it could be inflation targeting plus money printing when interest rates get below a certain level. This seems fairly sensible (but probably not optimal) and doesn't reduce bank independence at all. At the other, the government could tell the bank how much money it wants printed and set interest rates too. Obviously that would be rubbish.

The whole idea behind PQE is that it's a tool to be used when it's not inflationary. So, it seems to me, they're not proposing the rubbish end - ie uncontrolled money printing. I don't think they're right at the sensible end either though, although they may be persuaded in time.






2
 Postmanpat 14 Sep 2015
In reply to Donald82:

> The whole idea behind PQE is that it's a tool to be used when it's not inflationary. So, it seems to me, they're not proposing the rubbish end - ie uncontrolled money printing. I don't think they're right at the sensible end either though, although they may be persuaded in time.
>
If I thought that it would actually only be used in very specific and limited circumstances I would actually think it an interesting alternative to conventional QE. I have very limited confidence that this would be the case, especially in the context of a government (Corbyn's) that wants to grow the "strategic State".

Several commentators have suggested that it actually undermines the whole concept of "money". I think Murphy is flirting with the arguments of Modern monetary theory that basically say (extreme simplification) that there is no restriction on what a government can spend because it creates all the money-and only creates it as a method by which taxes can be paid.
Donald82 15 Sep 2015
In reply to Postmanpat:

Murphy's been very clear that it's for times when it's not inflationary.
 Trevers 15 Sep 2015
In reply to Yanis Nayu:

Just saw it pointed out on social media that that pathetic Tory video about Corbyn is basically this:
youtube.com/watch?v=Vey7GKNpl4Q&
1
 Morgan Woods 15 Sep 2015
In reply to Yanis Nayu:

Not a great start when members of your team are saying things like:

"Key members of Corbyn’s new team are giving his leadership a lukewarm response. Shadow education secretary Lucy Powell, who had never met the new leader in person until this evening, told Radio 4’s PM programme accepting the role had been a “difficult” decision.

The former election campaign vice chairwoman said one of the critical problems Labour faced at the polls was economic credibility. Asked if she believed Corbyn and John McDonnell could convince voters where the previous leader failed, she said: “Not on everything, no, not at all, and some things they have said I don’t agree with.”

http://www.theguardian.com/politics/blog/live/2015/sep/14/corbyn-appoints-l...
1
 summo 15 Sep 2015
In reply to Donald82:

> Because the current lot's reign has coincided with terrible productivity growth.

but it hasn't, in the past few decades it peaked in 98 and 2003, a downwards trend ever since, with a plummet in 2007, from which it's never recovered anything more than a tiny creep upwards.. Much of it has been put down to companies keeping staff on since the recession, but scaling down output.

Tough choices, more unemployment, but higher productivity per better paid worker or more people working, but pay stagnating because they aren't producing. Which is the lesser of the two evils?
1
 summo 15 Sep 2015
In reply to Morgan Woods:
I liked how they appointed a women who openly admitted she had never met or spoken to Corbyn before. Dredging the labour barrel for Corbyn supporters.

He'll be happy today, back in home ground with the TUC, where he'll no doubt talk about representing the workers etc.. despite having never had a job in his life.
Post edited at 06:44
 Morgan Woods 15 Sep 2015
In reply to summo:

Interesting....in Oz we have just had a sitting Prime Minister dumped. Right up to when it happened his team was pledging their support, so it's kind of odd a cabinet minister would say they don't agree with both the leader and shadow chancellor on DAY ONE!
1
 summo 15 Sep 2015
In reply to Morgan Woods:

> , so it's kind of odd a cabinet minister would say they don't agree with both the leader and shadow chancellor on DAY ONE!

that's politics, they are edging their bets, when Corbyn gets the boot, if they haven't alienated themselves from the rest of the party, perhaps they'll get to stay in the post under a new credible leader in 2 or 3 years time.

It's all about jostling for position, some have jumped and distanced themselves from him, others sit on the fence. Or in Burnham's case, just suck up to anyone in a position higher than you.
Donald82 15 Sep 2015
In reply to summo:

Unemployment is the lesser evil.

No one's really sure why this recession had bad productivity instead of unemployment now. So it certainly wasn't a 'choice' of the government, tough or otherwise - they did not expect it.

Either way, though, it's just odd to say that no one would lend to one side because of fears of bad productivity, when your side is in charge of exceptionally bad productivity while still being lent to.

Also, Figure 1, here http://www.ons.gov.uk/ons/rel/productivity/labour-productivity/q4-2014/stbq... It's a bit more illustrative of what's going on than looking directly at growth numbers.
Donald82 15 Sep 2015
In reply to summo:
ps I missed this -

"but it hasn't"

It definitely has. See link I posted.
Post edited at 07:51
1
 Postmanpat 15 Sep 2015
In reply to Donald82:

> Murphy's been very clear that it's for times when it's not inflationary.

Lol
1
 summo 15 Sep 2015
In reply to Donald82:

> Unemployment is the lesser evil.

Why, if folk are unemployed rather than simply ticking along in any job, their CV starts to have gaps, their skills fade, the motivation with it etc.. this before you even look at the cost implications.

> No one's really sure why this recession had bad productivity instead of unemployment now. So it certainly wasn't a 'choice' of the government,

Ethical employers not wanting to ditch staff, hoping for an up turn in the near future? Or a change in employment style, from full and fixed, to contracting.

> Either way, though, it's just odd to say that no one would lend to one side

It was more the scale of funding required to rescue the UK than Iceland, I do find it little odd, because not only did Iceland default, they voted to not pay them back ever. If that's how a country acts I wouldn't lend them a penny.


 Shani 15 Sep 2015
An interesting article on government debt:

" There is a terrible fear among financial sector actors that these countries will pursue reckless economic policies that destroy the purchasing power of their currencies and the value of their government debt. This fear has been deliberately communicated to the general public in those countries by captive politicians and media, in order to ensure wide acceptance of the austerity policies that much of the financial sector believes is necessary to maintain the value of safe assets. It is perhaps understandable, but it is economically unjustified. The truth is this:

-Running a primary fiscal surplus in a recession makes the recession worse, raising debt/gdp and increasing the risk of sovereign default
-Running a primary fiscal surplus when growth is poor and the private sector highly indebted is likely to cause a recession
-Running a sustained absolute surplus robs the private sector of its savings
-Paying off government debt deprives the private sector of a safe store of value
-Increased growth and prosperity arising from productive investment outweighs the cost to future generations"

http://www.primeeconomics.org/articles/x0od4bk66rl2bm3lr32bxe2rd4jndi

1
 krikoman 15 Sep 2015
In reply to summo:

> that's politics, they are edging their bets, when Corbyn gets the boot, if they haven't alienated themselves from the rest of the party, perhaps they'll get to stay in the post under a new credible leader in 2 or 3 years time.

I'm not sure it's politics more humans nature, there's always some petulant child that doesn't like getting their own way. I'd say if you've just resigned when you have no idea of how the boss is going to run the show, you shouldn't be in the job anyhow.

> It's all about jostling for position, some have jumped and distanced themselves from him, others sit on the fence. Or in Burnham's case, just suck up to anyone in a position higher than you.

Maybe instead of throwing the towel in he's willing to work for the greater good, after all JC was voted in for a reason, you obviously don't like him or the result, but given as he's chosen to be a politician in the first place it would be pretty egotistical of him to never expect to be defeated.

AS JC has been voted in by such a large majority, don't they own it to their constituents to work with who the people have asked to be their leader. Your asking for the Liz Kendal school of politics; "well you all want this but I'm going to do this". Which is precisely why JC is a breath of fresh air.

You can bitch and moan about him all you like but he won by a massive majority and if MPs resign without at least giving him a chance to prove his policies then they aren't people I'd want to represent me.

What integrity does it show of a person who when the going gets tough they f*ck off somewhere else?




1
 MG 15 Sep 2015
In reply to krikoman:

> AS JC has been voted in by such a large majority, don't they own it to their constituents to work with who the people have asked to be their leader.

They may take the view that they were elected by their constituents to support a, b and c but Corbyn is now promising the opposite so they can't support his shadow cabinet. An MP is elected by the population at large in the their constituency, not just by those who pay £3 to vote in a leadership election of the Labour Party.
1
 Offwidth 15 Sep 2015
In reply to krikoman:

If you fundamentally beleive everything Jjeremy says is wrong then the honest route is to go quietly on the back benches and maybe even resign from the oarty if things end up as bad as you think. For the sake of the long game you may also mix ideals and pragmatism and rebel multiple times from party policy... who was that again?. All this stuff about pulling together is almost doomed to fail, because the pragmatism of stepping up for something you dont beleive in wont normally hold for long.

Jeremy has said some pretty nice things about Liz and her integrity... I wonder why so many of his supporters hate her.
 Dave Garnett 15 Sep 2015
In reply to krikoman:

> What integrity does it show of a person who when the going gets tough they f*ck off somewhere else?

What integrity does it show to pretend that you suddenly support policies you've argued against your whole political career and sincerely believe to be both wrong and unpopular amongst a majority of the electorate?

 summo 15 Sep 2015
In reply to krikoman:
> AS JC has been voted in by such a large majority, don't they own it to their constituents to work with who the people have asked to be their leader.

When those constituents voted for their respective Labour MPs in May at the general election, the labour party's policies were vastly different. So it's unlikely that the current batch of labour MPs match JC's aspirations. It matches those who paid £3, which is a small percentage of the labour voting population.

Yes, they should do exactly as JC has spent his entire time in politics doing, they should sit on the back benches and consistently vote against their party leader!
Post edited at 09:38
 Postmanpat 15 Sep 2015
In reply to Offwidth:

> Jeremy has said some pretty nice things about Liz and her integrity... I wonder why so many of his supporters hate her.

What is your answer to that question?

KevinD 15 Sep 2015
In reply to summo:

> Yes, they should do exactly as JC has spent his entire time in politics doing, they should sit on the back benches and consistently vote against their party leader!

Interesting claim. Do you have any evidence for that? Beyond the right wing press?
Since using, as far as I know the best source for this sort of thing, it doesnt really look that way.
http://www.theyworkforyou.com/mp/10133/jeremy_corbyn/islington_north

 MG 15 Sep 2015
In reply to KevinD:

About 25% of votes from 2001-2010 according to this

http://www.publicwhip.org.uk/mp.php?id=uk.org.publicwhip/member/1655&sh...
 Shani 15 Sep 2015
Here is Corbyn's manifesto on the economy. There is a lot of middle ground and common sense.

https://d3n8a8pro7vhmx.cloudfront.net/jeremyforlabour/pages/70/attachments/...

 summo 15 Sep 2015
In reply to KevinD:

> Interesting claim. Do you have any evidence for that?

given everything he wants to do, nationalise, taxes, trident, nato, falklands, ..... he was hardly in agreement with Blair, Brown, Milliband etc.. so I think the claims are probably true. If he was such a strong supporter of the leadership over the past 20 years, given his life long membership of labour etc.. he might have been moved off the back benches and folk may have heard of him before?
 Mike Stretford 15 Sep 2015
In reply to KevinD:
That first link you posted is a bit misleading

http://www.publicwhip.org.uk/mp.php?id=uk.org.publicwhip/member/40733&showa...

for Jeremy compared to

http://www.publicwhip.org.uk/mp.php?id=uk.org.publicwhip/member/40733&showa...

for Tom Watson

25% 'rebellions' is very high, it's much higher than the current 'rebel' MPs score...

http://www.publicwhip.org.uk/mps.php?sort=rebellions
Post edited at 09:59
 summo 15 Sep 2015
In reply to Shani:

> Here is Corbyn's manifesto on the economy. There is a lot of middle ground and common sense.

that's two sentence or bullet points padded out to 8 sides. No real reference to trident, military, nato or his talk of shared falklands ownership, his IS/ISIS policy, nationalisation and on it goes. I don't think he has much common ground with most labour MP, hence his new shadow cabinet.
 Shani 15 Sep 2015

Richard Murphy (the man behind Corbynomics), is in regular discussion with macroeconomist Simon Wren-Lewis. Wren-Lewis has cautioned against the loss of independence of the BOE (one interesting proposal is that a National Investment Bank be created prior to PQE).

http://mainlymacro.blogspot.co.uk/2015/09/labour-and-central-bank-independe...
Post edited at 09:59
 neilh 15 Sep 2015
In reply to Offwidth:

I cannot fathom his stance on Europe. I assume that as a supporter of Tony Benn( who was very anti-EEC as he viewed it as undemocratic) he is following that line. It does to me portray him as a little Englander like UKIP and those who are anti Europe in the Tory party.

Its the same on defence. I can understand Trident( but not agree), but pulling out of NATO, is he mad?Where doess that view come from?

Those are ( or should I say were) pretty big political views for the Leader of the Opposition.Suddenly he seems to be walking away from them now he has been elected by saying he is open to discussion.
 Shani 15 Sep 2015
In reply to summo:

> that's two sentence or bullet points padded out to 8 sides. No real reference to trident, military, nato or his talk of shared falklands ownership, his IS/ISIS policy, nationalisation and on it goes. I don't think he has much common ground with most labour MP, hence his new shadow cabinet.

Yes, as I said, that is is economic manifesto (not his military manifesto).

It is even titled "The Economy in 2020" to make it easy for you.
 krikoman 15 Sep 2015
In reply to MG:

> They may take the view that they were elected by their constituents to support a, b and c but Corbyn is now promising the opposite so they can't support his shadow cabinet. An MP is elected by the population at large in the their constituency, not just by those who pay £3 to vote in a leadership election of the Labour Party.

But the whole thing about what JC has brought to the Labour party is someone who people can vote for, that people want to vote for, which is why people could be bothered to fork out £3 to vote for someone. If JC hadn't been in the running, how many £3 voters would they have had.
The very fact that people chose to spend £3 to have a say speaks volumes.

In the last election Labour got the voted they did, not out of people voting for their ideals but because they were the best of a bad lot, die hard Labour voters and Liberal defectors.

JC has given these people someone and something to aim for, which is why this election was more than some damp squib.

I really don't understand why people keep refusing to see he's enthused a great number of people, saying it was just people who paid £3 who got him into power is a powerful thing it's not some trivial act as you seem to make out.

The £3 is nothing, it's a pint of beer, it's the intention behind the £3 that's important.

Besides all that you do a great disservice to the people who turned out for his meetings and his constituents who've voted him in year after year.

On top of all of that he got nearly 50% of the members vote so would have won without the £3 supporters, so you argument doesn't really hold any water either way.
 Offwidth 15 Sep 2015
In reply to Postmanpat:

Blair obviously ... stupid and nasty leftists are more than happy to use the bad things the man did to taint the good things the new labour project did (icluding getting elected 3 times in the modern era with a sizable majority). JC seems different but keeping those supoorters from further splits in labour is part of the difficult leadership problem.

The left of labour have always played this game (and the trots play it to fantasy levels): Ken Livingstone was on the news last night dismissing all the hard work done by the numerous research groups that concluded this time and last that labour didnt lose because it wasnt left enough... those I spoke to said otherwise etc ... complete delusion as those people they are by far the most likely to meet and listen to are like-minded activists and then apply their own bias to what they say. Its self supporting rhetoric and anecdote over real research evidence.
1
 Shani 15 Sep 2015
In reply to krikoman:

We have to also view JC in a wider context. First of all look how the pollsters got he last General Election so massively wrong. Then consider the rise the SNP - a party that could be described as on the left of politics. Look out to Europe and we have the rise of Syriza. Now Syriza are thrashing apart as a party but as with the SNP, they appeal to a significant proportion of the electorate.
 MG 15 Sep 2015
In reply to krikoman:
> On top of all of that he got nearly 50% of the members vote so would have won without the £3 supporters, so you argument doesn't really hold any water either way.

You seem to be completely missing the point that MPs were elected by their constituents, very few of whom are Labour party members or £3 affiliates. Yes some members are enthused by Corbyn but many aren't and certainly many of the wider electorate aren't, quite the opposite.

MPs should be primarily responsive to the views and interests of all their constituents. If a few months ago an MP was elected on a platform of staying in NATO, the EU and replacing trident, it would be quite reasonable not to support a party leader who opposes all three.
Post edited at 10:11
1
 Shani 15 Sep 2015
In reply to Offwidth:

> The left of labour have always played this game (and the trots play it to fantasy levels): Ken Livingstone was on the news last night dismissing all the hard work done by the numerous research groups that concluded this time and last that labour didnt lose because it wasnt left enough... those I spoke to said otherwise etc ... complete delusion as those people they are by far the most likely to meet and listen to are like-minded activists and then apply their own bias to what they say. Its self supporting rhetoric and anecdote over real research evidence.

Labour lost the last election because Ed Milliband came across as a very low quality Tory.
1
 krikoman 15 Sep 2015
In reply to Offwidth:

> Jeremy has said some pretty nice things about Liz and her integrity... I wonder why so many of his supporters hate her.

I hate her because of this "Ms Kendall said she had come under a lot of pressure from her
own constituents to back the vote but had not done as they asked." How's that for ignoring your constituents?

http://www.independent.co.uk/news/uk/politics/labour-should-not-have-voted-...

For me this is what the whole leadership race was about, vote for someone who would do as "they" wanted or vote for someone, who at least gave the impression, they might listen to the people.
 MG 15 Sep 2015
In reply to Shani:
You have just proved Offwidth's point!
Post edited at 10:12
1
KevinD 15 Sep 2015
In reply to Mike Stretford:

Wrong link for Watson which is:
http://www.publicwhip.org.uk/mp.php?id=uk.org.publicwhip/member/40893

> 25% 'rebellions' is very high, it's much higher than the current 'rebel' MPs score...

Its high but its a long way from the fantasy portrayed by Summo.
25% isnt an overly useful figure itself since quite a few are effectively duplicates eg all the identity card and Iraq ones.

Whats interesting from that is just how much he voted.
 Shani 15 Sep 2015
In reply to MG:

> You have just proved Offwidth's point!

 MG 15 Sep 2015
In reply to krikoman:

> I hate her

What is it with left-wingers and personalising politics!? Can you not just take an objective view and disagree with her?

> For me this is what the whole leadership race was about, vote for someone who would do as "they" wanted or vote for someone, who at least gave the impression, they might listen to the people.

But above you objecting to MPs are doing just that and not backing Corbyn.
1
 krikoman 15 Sep 2015
In reply to MG:

> You seem to be completely missing the point that MPs were elected by their constituents, very few of whom are Labour party members or £3 affiliates. Yes some members are enthused by Corbyn but many aren't and certainly many of the wider electorate aren't, quite the opposite.

So are you suggesting the whole country vote on who becomes leader of the Labour party?
 Postmanpat 15 Sep 2015
In reply to Offwidth:

> Blair obviously ... stupid and nasty leftists are more than happy to use the bad things the man did to taint the good things the new labour project did (icluding getting elected 3 times in the modern era with a sizable majority). JC seems different but keeping those supoorters from further splits in labour is part of the difficult leadership problem.

>
Yes, I suspect his supporters will be his downfall. He seems quite pleasant and his stated policies are not extreme, but his supporters are full of hate for anyone who disagrees and hold more extreme positions. The man in the street still has a real or folk memory of bully boy Trots, overmighty unions etc. He shows no ability or even willingness to quieten them.
1
 MG 15 Sep 2015
In reply to krikoman:

No, I wasn't.
 Mike Stretford 15 Sep 2015
In reply to KevinD:

> Wrong link for Watson which is:


Sorry that was sloppy I'm writing a report too. Thanks for finding the right link.

It think 25% is high when you look at the historic record of other rebels...... but it is under Blair's era, he was more loyal to Milliband.

KevinD 15 Sep 2015
In reply to MG:

> MPs should be primarily responsive to the views and interests of all their constituents.

This isnt true though is it? Since if it was then the whips would need to be disposed off.

> If a few months ago an MP was elected on a platform of staying in NATO, the EU and replacing trident, it would be quite reasonable not to support a party leader who opposes all three.

Yeah cos I remember NATO and trident being key factors.
 summo 15 Sep 2015
In reply to Shani:

> Yes, as I said, that is is economic manifesto (not his military manifesto).


shame he didn't expand on how he is going to fund all the re-nationalisations, or is that from magic money? Not tax derived money?
1
 Shani 15 Sep 2015
In reply to Offwidth:

> The left of labour have always played this game (and the trots play it to fantasy levels): Ken Livingstone was on the news last night dismissing all the hard work done by the numerous research groups that concluded this time and last that labour didnt lose because it wasnt left enough... those I spoke to said otherwise etc ... complete delusion as those people they are by far the most likely to meet and listen to are like-minded activists and then apply their own bias to what they say. Its self supporting rhetoric and anecdote over real research evidence.

Tell me, how did these "numerous research groups" perform in the run up to the last election?
 krikoman 15 Sep 2015
In reply to MG:

> What is it with left-wingers and personalising politics!? Can you not just take an objective view and disagree with her?

Because she's supposed to represent her constituents, she said she came under a lot of pressure but voted no anyway, how does that represent her constituents?
I don't hate her I hate her arrogance, I used the word hate because it was in the OP.

> But above you objecting to MPs are doing just that and not backing Corbyn.

They aren't listening to the people who are going to vote labour, that's why and they haven't giving him a chance to see what he's proposing our how he will fair in opposition.

We were told he couldn't win the leadership, they were proved wrong.

We're now being told he'll never win the next election, we'll have to wait and see.

If you go through life believing everything your told, from people who have a vested interest in what they are telling you, you'll not get very far.
1
 Offwidth 15 Sep 2015
In reply to krikoman:

The hundreds of thousands he has enthused are undeniable but they are simply not the people who would get the party elected: all are natural leftist voters almost by definition. To win an election he needs to convince swing votors in marginals to whom JCs politics at the moment look very scary. Its not impossible for him to win but the everest analogy in the telegraph article (from a depressed trade unionist) is close to my view. The way he might do it is somehow retain the thread of his optimism, for instance follow the uncontroversial Krugmanesque view on austerity that labour has avoided as the spin doctors told them it wouldnt sell (ditto for other middle ground logical policy... the spin doctors were probably right btw), be a genuine leader and recognise pretty much the whole parliamentary party is well to his right and give that as much leeway as he can (so ditch all the nonsense about NATO, the EU, the middle east etc); get lucky that somehow the public buy it despite a hostile press (this needs some external events to make people scared or some complete disaster from he tories); get lucky by John Macdonald having to resign soon (best replaced by a middle ground labour candidate ... politically this would be best to be a woman , like the new shadow biz secretary). Just too far fetched though for me.
 MG 15 Sep 2015
In reply to KevinD:

> This isnt true though is it? Since if it was then the whips would need to be disposed off.

On the contrary, the whips are needed so this isn't exclusively what MPs are responsive to. It's a balance between constituents, party line, government line, and the MPs personal views. The whips try and push the middle two.

> Yeah cos I remember NATO and trident being key factors.

Well trident certainly was in parts of the country. NATO wasn't primarily because no one thought leaving was on the table as an idea.
 summo 15 Sep 2015
In reply to Shani:

> Labour lost the last election because Ed Milliband came across as a very low quality Tory.

nope, it's because he had no spirit, character or ounce of leadership in him, regardless of his policies.
1
 Shani 15 Sep 2015
In reply to summo:

> shame he didn't expand on how he is going to fund all the re-nationalisations, or is that from magic money? Not tax derived money?

Wait for the FRANCHISE to expire.
1
KevinD 15 Sep 2015
In reply to Mike Stretford:

> It think 25% is high when you look at the historic record of other rebels...... but it is under Blair's era, he was more loyal to Milliband.

He was also reasonably loyal during the beginning of Blair's era.
 summo 15 Sep 2015
In reply to KevinD:

> Yeah cos I remember NATO and trident being key factors.

In May 15, the UK consensus was;
everyone apart from UKIP wants the EU
everyone apart from SNP wants Trident
all parties want NATO.

Corbyn, doesn't want any of them. Isn't that a substantial change?
1
 Mike Stretford 15 Sep 2015
In reply to krikoman:

> They aren't listening to the people who are going to vote labour, that's why and they haven't giving him a chance to see what he's proposing our how he will fair in opposition.

They haven't had that opportunity, that's why so many of them are biding their time. There will be somewhere between 8 to 11 million people who will vote Labour next time, and it's probable Corbyn's 0.25million supporters aren't representative of those. It's certain they aren't representative of the swing voters Labour need to win a GE, but that is another question.
 Shani 15 Sep 2015
In reply to Offwidth:

> The hundreds of thousands he has enthused are undeniable but they are simply not the people who would get the party elected: all are natural leftist voters almost by definition. To win an election he needs to convince swing votors in marginals to whom JCs politics at the moment look very scary. Its not impossible for him to win but the everest analogy in the telegraph article (from a depressed trade unionist) is close to my view. The way he might do it is somehow retain the thread of his optimism, for instance follow the uncontroversial Krugmanesque view on austerity that labour has avoided as the spin doctors told them it wouldnt sell (ditto for other middle ground logical policy... the spin doctors were probably right btw), be a genuine leader and recognise pretty much the whole parliamentary party is well to his right and give that as much leeway as he can (so ditch all the nonsense about NATO, the EU, the middle east etc); get lucky that somehow the public buy it despite a hostile press (this needs some external events to make people scared or some complete disaster from he tories); get lucky by John Macdonald having to resign soon (best replaced by a middle ground labour candidate ... politically this would be best to be a woman , like the new shadow biz secretary). Just too far fetched though for me.

I'd agree with much of this - although I am not a natural Labour supporter. I look at JC from a policy point of view and in terms of PQE and taxation I think his ideas are very interesting and worthy of developing further.

I am concerned by the appointment of John Macdonald, but let's see how his instincts are tempered by the various economic advisers around him, and how this manifests in policy statement.
1
 summo 15 Sep 2015
In reply to Shani:

> Wait for the FRANCHISE to expire.

which franchise is that for the energy companies? He said he wants to buy back the 6 big companies, by majority share ownership, so unless he plans to steal them, he has to buy them. He has also talked about share issues, as a form of dilution to bring the price down, but then only the government can buy them.
 MG 15 Sep 2015
In reply to krikoman:

> They aren't listening to the people who are going to vote labour, that's why and they haven't giving him a chance to see what he's proposing our how he will fair in opposition.

If you are a Labour MP in a typcial seat, there are not many voters on the left who didn't vote Labour last time who will be persuaded by Corbyn's current proposals. A few greens perhaps, a bit of the dreamy vote, and in Scotland maybe some SNP supporters. Otherwise you will need Lib Dems and centrist Tories, and you won't get these by supporting, for example, leaving NATO.
 Offwidth 15 Sep 2015
In reply to Shani:
Its not middle ground and common sense to swing votors in marginals... its playing to the same idealist leftist audience. I agree with much of it but selling it to the public will be difficult as labour told porkies (based on likely correct spin doctor advice) so you are selling the 'truth this time' after apologising for lying before, to an audince that from focus groups mainly beleived the simplistic houshold budget arguments that supoort the tory line.

Edit...Thinking about it it is worse than that. The swing votors he is most likley able to convince on the economic front are social liberal professional types who will really stuggle to support a party led by him for all sorts of other reasons.
Post edited at 10:38
KevinD 15 Sep 2015
In reply to Mike Stretford:

> Rubbish, if you want to know what that 25% means look at the historic record of the other top rebels.

Note the use of "beginning".
Also note what he voted against. MG should be whooping and cheering that he represented his constituency interests.
 Mike Stretford 15 Sep 2015
In reply to KevinD:
I'm going to concentrate on one thing for the next few hours! Deleted it is was a mistake.

EDIT: But I do think that rebellious stage is relevant and will cause him problems

http://revolts.co.uk/ if the nubers there are right it seems the press weren't maiking it up.
Post edited at 10:41
 krikoman 15 Sep 2015
In reply to Offwidth:

> The hundreds of thousands he has enthused are undeniable but they are simply not the people who would get the party elected: all are natural leftist voters almost by definition. To win an election he needs to convince swing votors in marginals to whom JCs politics at the moment look very scary.

I know many usual Labour supporters who didn't vote Labour or didn't vote at all in the last election because they say Labour as Conservative Lite.

It might look scary now, but we're being fed this constant barrage of how bad JC is for the country and how everything will end in disaster. Surely the thing to do is give him some time to sort out Labour's direction and policies and see what happens. He might turn out to be a force for good, since the only other real contender which might have been something different, Alan Johnson, wasn't interested, I'm happy it's not business as usual.

It wouldn't surprise me in Alan doesn't end up as leader before the next election anyhow.
KevinD 15 Sep 2015
In reply to summo:

> everyone apart from UKIP wants the EU

wrong. The tories specifically had to build in wiggle room of the referendum and also back away from its potential rebel MPs on the subject.
His precise views are of course not clear on this (whether he personally wants to leave but would go for a referendum and so on). However as with so many other issues that wont stop people making shit up.

> everyone apart from SNP wants Trident

Scotland was the only area it was a factor. MG claims representing the constituency as being the key role and therefore it being ok to not support him as leader based on this.
Since it wasnt a factor in the debates, outside of Scotland (where the anti party won easily) I am not sure how he can reach that conclusion.

> all parties want NATO.

See above. If there wasnt a choice on the issue it cannot be used as a measure without being bloody careful.

 Offwidth 15 Sep 2015
In reply to krikoman:

Ken Livinstone mark II... all the research done on the defeats shows the opposite so your sample of pals simply isn't representative in the maginals lost. The idea that committed leftist idealists sulk that labour is too far right or too muddled and let in a tory government is pretty funny. I beleive the green vote or a vote for minority far left parties or they are not really leftist idealists but never that.
1
 Shani 15 Sep 2015
In reply to summo:

> which franchise is that for the energy companies? He said he wants to buy back the 6 big companies, by majority share ownership, so unless he plans to steal them, he has to buy them. He has also talked about share issues, as a form of dilution to bring the price down, but then only the government can buy them.

The only firm renationalisation policy I am aware of is for rail.

With regard to energy companies, he did say “I would personally wish that the Big Six were under public ownership, or public control in some form." but Corbyn's manifesto commitment is to:

- growing municipal and co-operative models of power generation to offer true competition as we see in Germany which allows consumers the option to buy energy from municipal utilities or co-operatives.
- helping small start ups (such as Nottingham City Council's Robin Hood Energy - www.nottinghampost.com/City-council-takes-big-plans-launch-new-energy/story-27667881-detail/story.html),
- investing in green energy through a National Investment Bank (PQE), and supporting the German model of local banks through which people can invest in local green energy production,
- democratising governance of the energy sector along American and Danish lines (projects.exeter.ac.uk/igov/wp-content/uploads/2015/03/Public-value-energy-governance.pdf)

None of this is 1970's. None of this is socialist. As a policy, this seems to be a great model of capitalist, meritocratic ingenuity.
1
 summo 15 Sep 2015
In reply to KevinD:

> wrong. The tories specifically had to build in wiggle room of the referendum

The party line is and was renegotiate and stay in.

> NATO.... If there wasnt a choice on the issue it cannot be used as a measure without being bloody careful.

that's because it was always taken as a given.
1
 summo 15 Sep 2015
In reply to Shani:
> The only firm renationalisation policy I am aware of is for rail.

http://www.ft.com/intl/cms/s/0/f72d0ee6-3c4f-11e5-bbd1-b37bc06f590c.html#ax...

he does keep changing between ownership and control. But also talks about buying shares, new releases etc.. not cheap given the value of the six companies, even to get to 51% ownership.

Keeping an asset nationalised, which is what other countries have done, or maintaining control through partial floatations is one thing, buying back is completely different.

Edit, there are already lots of small energy cooperatives owned by locals. There is an Archimedes screw just along from where I used to live, which is entirely funded and owned by the locals. Nothing needs to change to make this happen.
Post edited at 10:53
1
 Shani 15 Sep 2015
In reply to summo:

Are you just googling for anything that agrees with your opinion? Please see my previous post based upon JC's manifesto rather than some what the right-wing press are trying to spin to you.

Your faith in the Tory model seems to ignore the astronomical cost to this country of corporate welfare:

http://speri.dept.shef.ac.uk/wp-content/uploads/2015/07/SPERI-Paper-24-The-...
2
 summo 15 Sep 2015
In reply to Shani:

> Your faith in the Tory model seems to ignore the astronomical cost to this country of corporate welfare:

you couldn't google anything to counter my argument of Corbyn wanting to nationalise the big 6, so you thought you'd try to change the subject?

1
 Shani 15 Sep 2015
In reply to summo:

> you couldn't google anything to counter my argument of Corbyn wanting to nationalise the big 6, so you thought you'd try to change the subject?

No, not at all. I thought I had made it clear that I don't believe that JC intends to nationalise the Big 6 (however much he might want to), hence my post above based on his manifest aims on energy (rather than the media spin), by:

- growing municipal and co-operative models of power generation to offer true competition as we see in Germany which allows consumers the option to buy energy from municipal utilities or co-operatives.
- helping small start ups (such as Nottingham City Council's Robin Hood Energy - www.nottinghampost.com/City-council-takes-big-plans-launch-new-energy/story-27667881-detail/story.html),
- investing in green energy through a National Investment Bank (PQE), and supporting the German model of local banks through which people can invest in local green energy production,
- democratising governance of the energy sector along American and Danish lines (projects.exeter.ac.uk/igov/wp-content/uploads/2015/03/Public-value-energy-governance.pdf)
1
 Offwidth 15 Sep 2015
In reply to Shani:
The research groups analysed why people in the swing constiuencies who had previously voted labour didnt this time.

Other research has shown the (blindingly obvious) reasons why post election research analysis is a lot more reliable than post polling which is in turn more reliable than pre-polling... if nothing else you know where the marginal losses were. The exit polls of course were spot on in the last elections despite their not insignificant error bars.

I often make the point to the far left in meetings before union elections or ballots that my anecdotal evidence seems rather oddly to be the exact opposite of theirs but neither set of anecdotes matter as its the votes that count. My anecdotal experience in the labour leadership election were mainly indicating JC was heading for a big win.... in the last election from those who stopped voting labour in midlands marginals they were mainly that EM was a shit leader forced onto the party by undue union influence.. those saying this said they would have voted for DM. My ancecdotes are no more accurate predictors than yours or anyone elses... way too small a sample.
Post edited at 12:01
 Shani 15 Sep 2015
Another economist weighs in to the issue of PQE with a 101 guide:

http://www.nakedcapitalism.com/2015/09/corbynomics-101-a-guide-to-peoples-q...

 MG 15 Sep 2015
In reply to Shani:
It's bit pointless posting links to economists' views, there are as many as there are economists and you will find many to support whatever viewpoint you wish. The main objections are in any case political, rather than economic (BOE independence, wisdom of politicians to stop spending etc).
Post edited at 11:52
1
 Postmanpat 15 Sep 2015
In reply to Shani:

> No, not at all. I thought I had made it clear that I don't believe that JC intends to nationalise the Big 6 (however much he might want to), hence my post above based on his manifest aims on energy (rather than the media spin), by:

>
Which of his other explicitly stated "wants" do you believe he has no intention of acting on and how do you think those who support him because of his integrity will react to this?
1
Donald82 15 Sep 2015
In reply to summo:

> Why, if folk are unemployed rather than simply ticking along in any job, their CV starts to have gaps, their skills fade, the motivation with it etc.. this before you even look at the cost implications.

Er... 'lesser' of two evils..

> Ethical employers not wanting to ditch staff, hoping for an up turn in the near future? Or a change in employment style, from full and fixed, to contracting.

Yeah, could be. Either way the people that work at the treasury (and the OBR) didn't expect it and it wasn't a consequence of deliberate policy decisions.

> It was more the scale of funding required to rescue the UK than Iceland, I do find it little odd, because not only did Iceland default, they voted to not pay them back ever. If that's how a country acts I wouldn't lend them a penny.

So, you're saying that because it would cost more to bale out the UK, the UK's default would have a bigger impaction its future borrowing costs than Iceland's did?


 Shani 15 Sep 2015
In reply to MG:

> It's bit pointless posting links to economists' views, there are as many as there are economists and you will find many to support whatever viewpoint you wish. The main objections are in any case political, rather than economic (BOE independence, wisdom of politicians to stop spending etc).

This is true but I am not an economist and many of these guys can make better arguments than me (otherwise I would be an economist). As the media narrative is so biased against Corbyn never-mind his policies, I think it is important to get past the bluster and read detailed analysis from which to form an opinion on PQE.
1
 Shani 15 Sep 2015
In reply to Postmanpat:

> Which of his other explicitly stated "wants" do you believe he has no intention of acting on and how do you think those who support him because of his integrity will react to this?

I can only really go on his manifesto, as can those who support him. Compromise has to be a part of any political affiliation whatever your colours.
Donald82 15 Sep 2015
In reply to Postmanpat:

Roflz

There's a big difference between -

1. saying/implying they're proposing uncontrolled money printing for gov spending.

2. saying they're proposing money printing for gov spending when it's not inflationary, and you don't believe they'll stick to the only when not inflationary part.

1
In reply to Donald82:

Hard to prune the money tree when voters have become accustomed to the low hanging fruit. Votes are the only currency politicians are really interested in, hence why it's probably more prudent to leave the money printing to outside control with a specific mandate to try and keep inflation at a steady point. Ergo, empirically it is wise to assume that politicians of any hue will be unreliable in making the right decisions when they can print money at will (and need votes)

 neilh 15 Sep 2015
In reply to Yanis Nayu:

Just seen the photos of him at the Battle of britain service.

Somebody in his media team needs to get a grip with his appearance. For heaven sake get his shirts sorted out or his top button done up .Apart from anything else its just disrespectful to the people who fought then.

You would think after the Michael Foot fiasco from all those years ago, the Labour Party would have learnt( even though it was a very expensive coat)

1
 Postmanpat 15 Sep 2015
In reply to Donald82:
> Roflz

> There's a big difference between -

> 1. saying/implying they're proposing uncontrolled money printing for gov spending.

> 2. saying they're proposing money printing for gov spending when it's not inflationary, and you don't believe they'll stick to the only when not inflationary part.

Yes, 45 years of watching governments in action and a little bit of common sense. The reason countries have checks and balances in their systems of governments is because it is understood that power corrupts. PQE takes away the checks and balances. These are the "controls".

Presumably you believe that the NHS is "safe with the Tories" because good old Dave said so?
Post edited at 12:25
 Postmanpat 15 Sep 2015
In reply to Shani:

> I can only really go on his manifesto, as can those who support him. Compromise has to be a part of any political affiliation whatever your colours.

So actually he's just like all the rest?
 summo 15 Sep 2015
In reply to neilh:
> Somebody in his media team needs to get a grip with his appearance. For heaven sake get his shirts sorted out or his top button done up .Apart from anything else its just disrespectful to the people who fought then.

I'm very anti suit and tie etc.. as I think it's very Victorian and in no way reflects the qualities or abilities of a person. But, it is still possible to present a clean smart appearance without one, or to have a certain manner or style no matter what you wear. Corbyn fails on all counts.

Corbyn just looks like some professor who's spent his life institutionalised at some uni and he's late(as usual) for his next lecture, never quite having time to sort his attire out. It is worse to wear a tie badly, than not at all.
Post edited at 12:29
1
Donald82 15 Sep 2015
In reply to Postmanpat:

> Yes, 45 years of watching governments in action and a little bit of common sense. The reason countries have checks and balances in their systems of governments is because it is understood that power corrupts. PQE takes away the checks and balances. These are the "controls".

You don't know how much PQE will take away checks and balances because they haven't said so yet.

I think if you have a look at the numbers, you'll find that the idea of left wing profligacy and right wing prudence is a myth. (I'm not going to do this for you. Mostly because I can't be bothered but also because you're more likely to change your mind if you look into it yourself)

 neilh 15 Sep 2015
In reply to summo:

I agree 100% on the qualities and the abilities of the person issue.Suits and tie are right for the relevant occasion in his role.With a leadership role also comes the responsibilities, and as Leader of the Opposition he needs to get to get on with those, including - unfortunately for him - ceremonial duties.That means smart.

I am sure Tony Benn - and others from the left who fought in WW11 - would simply expect nothing else.

His advisers have badly let him down.
1
 summo 15 Sep 2015
In reply to neilh:
> I agree 100% on the qualities and the abilities of the person issue.Suits and tie are right for the relevant occasion in his role.With a leadership role also comes the responsibilities, and as Leader of the Opposition he needs to get to get on with those, including - unfortunately for him - ceremonial duties.That means smart.
> I am sure Tony Benn - and others from the left who fought in WW11 - would simply expect nothing else.

I would agree, you are dressing to respect to those few who are still alive and all those now gone, they would appreciate the effort made in dressing up and their generation expected it. Dressing down, or in Corbyn's case, smart clothes worn untidily, just shows a lack of effort and respect. It is as much about posture, straight back ,head up... not sculking. To be invited to such events and to represent any political party should be treated as honour.
Post edited at 13:28
1
 Postmanpat 15 Sep 2015
In reply to Donald82:

> You don't know how much PQE will take away checks and balances because they haven't said so yet.

They've described a system without checks and balances. It is difficult to see how it could work if the BOE is given discretion to overrule it.

> I think if you have a look at the numbers, you'll find that the idea of left wing profligacy and right wing prudence is a myth. (I'm not going to do this for you. Mostly because I can't be bothered but also because you're more likely to change your mind if you look into it yourself)

It's a commonplace (and nonetheless true for that) that in general Tory governments are guilty of monetary profligacy and Labour of fiscal profligacy. What PQE appears to represent is a way of encouraging fiscal profligacy via monetary profligacy. Yee haw!

Anyway, once again, you are not really understanding the problem, which is not that just that Corbyn or his government specifically or Labour governments in general will misuse the system but that governments of any hue will be so tempted. That's why checks and balances are required.

Imagine this: low inflation, slow economy, lots of PQE. Foreigners pile out of sterling, , interest rates rise, inflation still lagging a bit

In order to meets its spending promises-expand the railways, reopen the coal mines, new hospitals, meet pay demands, the State has to borrow money- but that is now very expensive.

Well there's always another option…...what could possibly go wrong?
1
In reply to summo:
In fairness to JC, I think he is on a pretty steep learning curve. Had anyone ever heard of him 3 months ago outside of the Westminster bubble and Islington cafes? He has been comfortably"sticking it to the establishment" from the back benches, and now finds himself having to kneel before the Queen, wear a poppy, sing the National Anthem, wear a tie....with a hundred cameras watching every move
Post edited at 13:52
 summo 15 Sep 2015
In reply to Bjartur i Sumarhus:

> In fairness to JC, I think he is on a pretty steep learning curve. Had anyone ever heard of him 3 months ago outside of the Westminster bubble and Islington cafes? He has been comfortably"sticking it to the establishment" from the back benches, and now finds himself having to kneel before the Queen, wear a poppy, sing the National Anthem, wear a tie....with a hundred cameras watching every move

He has been an MP for how long? He willingly chose to run for the leadership, knowing exactly what's involved. There is no excuse. Perhaps his personal attributes mean he is simply not suited to the job.
 Postmanpat 15 Sep 2015
In reply to Bjartur i Sumarhus:

> In fairness to JC, I think he is on a pretty steep learning curve. Had anyone ever heard of him 3 months ago outside of the Westminster bubble and Islington cafes? He has been comfortably"sticking it to the establishment" from the back benches, and now finds himself having to kneel before the Queen, wear a poppy, sing the National Anthem, wear a tie....with a hundred cameras watching every move

Reminds me of the 17 year old Wayne Rooney being introduced on TV for the first time, awkward in a suit, chewing gum, with his tie hanging loose. I guess it did Wayne no harm but at 66 shouldn't he know better ?

2
 Shani 15 Sep 2015
In reply to summo:

> I would agree, you are dressing to respect to those few who are still alive and all those now gone, they would appreciate the effort made in dressing up and their generation expected it. Dressing down, or in Corbyn's case, smart clothes worn untidily, just shows a lack of effort and respect. It is as much about posture, straight back ,head up... not sculking. To be invited to such events and to represent any political party should be treated as honour.

I'd think that those who are still alive are happy that JC is willing to fund the NHS to care for them, to provision pensions to enable them to live with dignity in their old age, to provide assistance with care through the welfare system. They are also likely to be happy that Corbyn is less likely to actually send our young men and women in to war - which, if you have ever spoken to survivors of either world war (and indeed several other conflicts), is a common gripe against politicians.
2
 Shani 15 Sep 2015
In reply to Postmanpat:

> Imagine this: low inflation, slow economy, lots of PQE. Foreigners pile out of sterling, , interest rates rise, inflation still lagging a bit

Yes quite, this is all imaginary. Coupled with the Footisation of Corbyn (the personal attack on his appearance rather than his policy), it looks to me like the media have done their job already.
1
In reply to Postmanpat:

He apparently rebelled against his own party around 500 times on points of principle. It must really stick in his craw that his rebellious instinct is being crushed under the wheels of protocol
In reply to Shani:
"the Footisation of Corbyn"

And Michael Foot wore an expensive Green coat at the Cenotaph in 1981. Not a donkey jacket as is commonly cited. Apparently the Queen Mother commented positively on it.

JC should learn from this case study of what can happen. Like it or not, these things seem to matter
Post edited at 14:22
1
 Shani 15 Sep 2015
In reply to Bjartur i Sumarhus:

> "the Footisation of Corbyn"

> And Michael Foot wore an expensive Green coat at the Cenotaph in 1981. Not a donkey jacket as is commonly cited. Apparently the Queen Mother commented positively on it.

> JC should learn from this case study of what can happen. Like it or not, these things seem to matter

Yep you are right.
1
 Postmanpat 15 Sep 2015
In reply to Shani:
> Yes quite, this is all imaginary. Coupled with the Footisation of Corbyn (the personal attack on his appearance rather than his policy), it looks to me like the media have done their job already.

Oh please, this cheap DM blah blah nonsense just betrays a failure to think through or argue your case. Speaking personally I spent my whole working life surrounded by and listening to bloody economists and I've got a bookshelf full of such stuff. If I read the DM for its view it's for a good chuckle.
Post edited at 14:26
 dek 15 Sep 2015
In reply to Bjartur i Sumarhus:

Well, do you think he actually 'respects' the UK military?
 Offwidth 15 Sep 2015
In reply to Bjartur i Sumarhus:

Including being a Republican, anti NATO, pro united Ireland etc none of which show pro establishment inclinations but now he has been elected as a party leader who needs to convince swing voters to win elections.
1
 Shani 15 Sep 2015
In reply to Postmanpat:

> Oh please, this cheap DM blah blah nonsense just betrays a failure to think through or argue your case. Speaking personally I spent my whole working life surrounded by and listening to bloody economists and I've got a bookshelf full of such stuff. If I read the DM for its view it's for a good chuckle.

"Any fool can have a bookshelf full of books."

The case of Footisation is made above. The media attacked his appearance, particularly at military events and so we have:

1221 neilh "Just seen the photos of him at the Battle of britain service. Somebody in his media team needs to get a grip with his appearance. For heaven sake get his shirts sorted out or his top button done up .Apart from anything else its just disrespectful to the people who fought then."

1228 summo "it is still possible to present a clean smart appearance without one, or to have a certain manner or style no matter what you wear. Corbyn fails on all counts. Corbyn just looks like some professor who's spent his life institutionalised at some uni and he's late(as usual) for his next lecture, never quite having time to sort his attire out. It is worse to wear a tie badly, than not at all."

These certainly aren't criticisms of his policy and it is these personal attacks that are redolent of how Foot was characterised.
Donald82 15 Sep 2015
In reply to Postmanpat:

> They've described a system without checks and balances. It is difficult to see how it could work if the BOE is given discretion to overrule it.

They've described how it would work in detail. They're clear it's still an idea in development. As discussed above, the BoE was told to do if it was inflation targeting plus PQE when rates are below a certain level, that's just as independent as now.

> It's a commonplace (and nonetheless true for that) that in general Tory governments are guilty of monetary profligacy and Labour of fiscal profligacy. What PQE appears to represent is a way of encouraging fiscal profligacy via monetary profligacy. Yee haw!

RE fiscal policy it's a it's a common place but also a myth. If you did some research you might change your mind.

> Anyway, once again, you are not really understanding the problem, which is not that just that Corbyn or his government specifically or Labour governments in general will misuse the system but that governments of any hue will be so tempted. That's why checks and balances are required.

See above re checks and balances.
Donald82 15 Sep 2015
In reply to Bjartur i Sumarhus:

> Hard to prune the money tree when voters have become accustomed to the low hanging fruit. Votes are the only currency politicians are really interested in, hence why it's probably more prudent to leave the money printing to outside control with a specific mandate to try and keep inflation at a steady point. Ergo, empirically it is wise to assume that politicians of any hue will be unreliable in making the right decisions when they can print money at will (and need votes)

It depends how it's implemented. The BoE could be given a mandate to target inflation , as now, and to print for gov spending when rates are low and inflation below target.

That would be just as independent as now.

So far as it does increase inflationary risk (which I'm not sure it does if implemented as above), it balances low growth risk that we've just seen....
1
 Offwidth 15 Sep 2015
In reply to Shani:

So what did Foot do about it? The media will always do what they do but giving them free hits drip feeds election defeat. Are you preparing the story of how unfair it was he lost already??

New Topic
This topic has been archived, and won't accept reply postings.
Loading Notifications...