Comments on: Can Labour win over Cambridge? https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/ Left Foot Forward is the home for UK progressives. We provide evidence-based analysis on British politics, news and policy. Mon, 01 Dec 2014 23:04:00 +0000 hourly 1 https://wordpress.org/?v=6.9.5 By: Ian Duncan https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-662882 Mon, 01 Dec 2014 23:04:00 +0000 https://leftfootforward.org/?p=90042#comment-662882 In reply to Guest.

WTF is the point of Labour being in power if they’re just going to be a diluted version of the filth we already have? Because that’s where they’re headed. Tough on ‘welfare’, more austerity etc…

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By: Norfolk29 https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631781 Sat, 08 Nov 2014 19:28:00 +0000 https://leftfootforward.org/?p=90042#comment-631781 In reply to madasafish.

You appear to not even know the facts about what happened and it is only six years ago. My point about bankers is totally relevant as they drained the bloodstream until the patient collapsed from lack of blood (money). Like medieval doctors with their leeches.
Ed Balls was a Leader Writer on the Financial Times when Brown recruited him as part of his team. I met some of his FT colleagues and they revered his knowledge of economics.
The InterBank clearing system did collapse. I am amazed you do not know that this was the primary cause of most of the problems. No one trusted anyone else. Lloyds did not need to be rescued. Instead Brown persuaded them to take on Halifax/Bank of Scotland (who were bankrupt) without due diligence and as a result had to accept a government subsidy. The Lloyds Chairman had to resign when the facts came to light. Northern Rock did go Bankrupt. Bradford and Bingley did go bankrupt. Where were you that you can make such inaccurate statements. Are you a Daily Mail journalist or suchlike? This conversation is ended.

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By: madasafish https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631481 Sat, 08 Nov 2014 14:42:00 +0000 https://leftfootforward.org/?p=90042#comment-631481 In reply to Norfolk29.

Lots of claims made there.. Surprisingly for someone with a degree, no facts to back it up,.

Your points about bankers are irrelevant to my point.

The ATM system ? If RBS had gone bust, the InterBank Clearing system would have collapsed as no-one would have trusted each other. Which is why the Government poured in £biillions of short term liquidity..£45BN to RBS and £100s of Billions into the system..

RBS was rescued because it was Scottish and both Brown and Darling are Scottish.

Yeah right.. Well then why was Lloyds rescued? It’s not Scottish.
Northern Rock was not Scottish Bradford and Bingley was not Scottish.

Claptrap. A claim made by you totally devoid of any evidence.

PS A degree in economics ? Ed Balls has one… Worthless..

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By: Norfolk29 https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631465 Sat, 08 Nov 2014 14:22:00 +0000 https://leftfootforward.org/?p=90042#comment-631465 In reply to madasafish.

I have a degree in Economics from the LSE so your last comment is debatable. I have heard the arguments about the ATM’s about to stop working at the time. Typical Daily Mail panic reaction. The HSBC, Lloyds and Barclays would not have gone bankrupt in 2007/8 and their ATM’s would not have stopped working. RBS was rescued because it was Scottish and both Brown and Darling are Scottish. The tail wagging the dog. Fred Goodwin actually visited Alistair Darling at his home in Edinburgh to appeal for a rescue. There is no magic wand when the banking system was systematically robbing the revenues of the state and industry at an industrial rate and yet we had no law to define that anything they were doing was wrong or even unlawful. The American tried to get Fred Goodwin on the £12 Billion he had raised the year before and failed. However 3000+ Americans went to Jail. Not a single UK banker was even charged. To the best of my very limited knowledge nothing has changed since then to prevent it happening again. A few government bodies have changed their names to the FCA, etc but no one has been charged. The banks are Fined millions which they pay out of their incomes before tax (I wish I could do that with any parking fine I incur) but pay nothing themselves.

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By: Leon Wolfeson https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631421 Sat, 08 Nov 2014 13:33:00 +0000 https://leftfootforward.org/?p=90042#comment-631421 In reply to Gary Scott.

I don’t see it – the “natural” ally of the SNP would be the other party whose long-term goal is breaking the Union, the Tories…

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By: Guest https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631420 Sat, 08 Nov 2014 13:32:00 +0000 https://leftfootforward.org/?p=90042#comment-631420 In reply to Ian Duncan.

It’s easy to give easy answers when you don’t have the risk power, remember.

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By: Guest https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631417 Sat, 08 Nov 2014 13:31:00 +0000 https://leftfootforward.org/?p=90042#comment-631417 In reply to madasafish.

No, they are refusing to raise revenues or to borrow.

And yes, he’s been grossly wrong – things have been far worse, as you say people should get far less, as usual.

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By: Leon Wolfeson https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631419 Sat, 08 Nov 2014 13:31:00 +0000 https://leftfootforward.org/?p=90042#comment-631419 In reply to treborc1.

Socialist? You want to drive away more people?

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By: Guest https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-631418 Sat, 08 Nov 2014 13:31:00 +0000 https://leftfootforward.org/?p=90042#comment-631418 In reply to madasafish.

That explains you then.

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By: madasafish https://leftfootforward.org/2014/11/can-labour-win-over-cambridge/comment-page-2/#comment-630309 Fri, 07 Nov 2014 19:12:00 +0000 https://leftfootforward.org/?p=90042#comment-630309 In reply to Norfolk29.

ou appear to be ignorant of the fact the UK banking system was on the verge of collapse .. ATMs would have stopped working if RBS had gone under..

Clearly you know more about global banking than Gordon brown and A Darling and should have been Chancellor.. as you would have waved your magic wand and saved the UK.

Life is always full of simple solutions advocated by the ignorant.

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