NPR

Paddington Bear wrote: ↑Wed Jul 20, 2022 7:43 am Ukrainians dropping strong hints that they prefer Truss to Sunak.

tabascoboy wrote: ↑Wed Jul 20, 2022 11:34 am

C69 wrote: ↑Wed Jul 20, 2022 7:18 am Truss is now the bookies favourite

Slick wrote: ↑Wed Jul 20, 2022 12:53 pm My sister, a probation officer, was at a conference this morning with Raab who was talking through his most recent incredibly unpopular changes to probation. Having visited his large family 4 bedroom house in Gerrards Cross on numerous occasions she was obviously a little surprised to hear about his "impoverished" and "disadvantaged" upbringing. As she does, shes gone fucking mental and making an absolute nuisance of herself.

JM2K6 wrote: ↑Wed Jul 20, 2022 12:58 pm

Slick wrote: ↑Wed Jul 20, 2022 12:53 pm My sister, a probation officer, was at a conference this morning with Raab who was talking through his most recent incredibly unpopular changes to probation. Having visited his large family 4 bedroom house in Gerrards Cross on numerous occasions she was obviously a little surprised to hear about his "impoverished" and "disadvantaged" upbringing. As she does, shes gone fucking mental and making an absolute nuisance of herself.

Sounds like a reaction to Badenoch et al trying to position themselves as poor kids done good

JM2K6 wrote: ↑Wed Jul 20, 2022 12:58 pm

Slick wrote: ↑Wed Jul 20, 2022 12:53 pm My sister, a probation officer, was at a conference this morning with Raab who was talking through his most recent incredibly unpopular changes to probation. Having visited his large family 4 bedroom house in Gerrards Cross on numerous occasions she was obviously a little surprised to hear about his "impoverished" and "disadvantaged" upbringing. As she does, shes gone fucking mental and making an absolute nuisance of herself.

Sounds like a reaction to Badenoch et al trying to position themselves as poor kids done good

I like neeps wrote: ↑Wed Jul 20, 2022 10:55 am

Paddington Bear wrote: ↑Wed Jul 20, 2022 7:43 am Ukrainians dropping strong hints that they prefer Truss to Sunak.

Considering Johnson and Truss have been asking for these kind words it's a surprise Sunak doesn't call up his equivalent in Ukraine and remind him who bankrolled our support.

Rhubarb & Custard wrote: ↑Wed Jul 20, 2022 1:42 pm

I like neeps wrote: ↑Wed Jul 20, 2022 10:55 am

Paddington Bear wrote: ↑Wed Jul 20, 2022 7:43 am Ukrainians dropping strong hints that they prefer Truss to Sunak.

Considering Johnson and Truss have been asking for these kind words it's a surprise Sunak doesn't call up his equivalent in Ukraine and remind him who bankrolled our support.

Philip Hammond? Gordon Brown?

The stocks we've been supplying to are mostly years and years old, and of course nothing we've been supplied have we especially thought about replacing, either for ourselves or to be able to continue to supply Ukraine. Worse, because defence contractors are struggling with the global supply chain issues there's a big lag even if the next PM very quickly places orders in a few months time.

Just more amateur hour rubbish from BoJo the sad clown, aided and abetted in this by Truss, Sunak and Wallace

petej wrote: ↑Wed Jul 20, 2022 2:26 pm

Rhubarb & Custard wrote: ↑Wed Jul 20, 2022 1:42 pm

I like neeps wrote: ↑Wed Jul 20, 2022 10:55 am

Considering Johnson and Truss have been asking for these kind words it's a surprise Sunak doesn't call up his equivalent in Ukraine and remind him who bankrolled our support.

Philip Hammond? Gordon Brown?

The stocks we've been supplying to are mostly years and years old, and of course nothing we've been supplied have we especially thought about replacing, either for ourselves or to be able to continue to supply Ukraine. Worse, because defence contractors are struggling with the global supply chain issues there's a big lag even if the next PM very quickly places orders in a few months time.

Just more amateur hour rubbish from BoJo the sad clown, aided and abetted in this by Truss, Sunak and Wallace

An awful lot of our defence budget has gone on aircraft carriers, submarines and planes which isn't surprising as an island but not hugely useful for Ukraine.

JIT supply chains and down scaling of internal manufacturing capabilities within companies needs to be questioned.

tabascoboy wrote: ↑Wed Jul 20, 2022 3:05 pm Sunak 137 (+19)
Truss 113 (+27)
Mordaunt 105 (+13) --- Goooonnnneeeee


It is going to be that waste of oxygen, Truss isn't it

_Os_ wrote: ↑Wed Jul 20, 2022 3:42 pm It's really astounding.

Mordaunt was clearly the best politician out of the lot. As in she presented well and concisely, quick witted. Like Truss there didn't seem to be any substance at all, but if someone is waffling on forever in monotone then they've got nothing. Mordaunt was also a genuine ordinary person (not a load of bullshit about being an immigrant when Badenoch is in fact from the UK), that may have been able to test Labour in connecting with ordinary people. She was also more of a fresh start.

Sunak has to overcome that he's seen as the billionaire guy who raised taxes to record levels, whilst also being seen as a tax dodger himself. He's also a rubbish politician when the pressure comes on. He'll go into the "unelected cunt" category very quickly with most voters.

Truss is a genuine moron. Some how the Tories look set to pick someone worse than Johnson. It's baffling she's now the favourite.

_Os_ wrote: ↑Wed Jul 20, 2022 3:42 pm It's really astounding.

Mordaunt was clearly the best politician out of the lot. As in she presented well and concisely, quick witted. Like Truss there didn't seem to be any substance at all, but if someone is waffling on forever in monotone then they've got nothing. Mordaunt was also a genuine ordinary person (not a load of bullshit about being an immigrant when Badenoch is in fact from the UK), that may have been able to test Labour in connecting with ordinary people. She was also more of a fresh start.

Sunak has to overcome that he's seen as the billionaire guy who raised taxes to record levels, whilst also being seen as a tax dodger himself. He's also a rubbish politician when the pressure comes on. He'll go into the "unelected cunt" category very quickly with most voters.

Truss is a genuine moron. Some how the Tories look set to pick someone worse than Johnson. It's baffling she's now the favourite.

SaintK wrote: ↑Wed Jul 20, 2022 4:11 pm Truss according to Cummings!!

sefton wrote: ↑Wed Jul 20, 2022 3:04 pm LT4PM

The dream lives on.

Business secretary Kwasi Kwarteng had been due to answer questions this afternoon from the environmental audit committee on accelerating the transition away from fossil fuels and securing energy supplies.

But Kwarteng wrote to the committee’s chairman, Philip Dunne, this morning to say he could no longer attend.

The minister gave no reason for pulling out, but offered to rearrange for a date in September, after MPs return from their summer recess.

Announcing Kwarteng’s decision, the committee tweeted: “He gives no explanation nor apology. This is not the way for senior ministers to treat scrutiny.”

fishfoodie wrote: ↑Wed Jul 20, 2022 4:18 pm

SaintK wrote: ↑Wed Jul 20, 2022 4:11 pm Truss according to Cummings!!

Disturbingly plausible, but then again, to run again for PM, he'll have to still be an MP

tabascoboy wrote: ↑Wed Jul 20, 2022 4:31 pm

fishfoodie wrote: ↑Wed Jul 20, 2022 4:18 pm

SaintK wrote: ↑Wed Jul 20, 2022 4:11 pm Truss according to Cummings!!

Disturbingly plausible, but then again, to run again for PM, he'll have to still be an MP

And there is of course a petition to add BloJo's name to the forthcoming leadership ballot for all Tory Party members to vote in. The stinking turd that just refuses to flush away...

SaintK wrote: ↑Wed Jul 20, 2022 12:28 pm

C69 wrote: ↑Wed Jul 20, 2022 7:18 am Truss is now the bookies favourite

Some of her greatest hits!

tabascoboy wrote: ↑Wed Jul 20, 2022 4:31 pm

fishfoodie wrote: ↑Wed Jul 20, 2022 4:18 pm

SaintK wrote: ↑Wed Jul 20, 2022 4:11 pm Truss according to Cummings!!

Disturbingly plausible, but then again, to run again for PM, he'll have to still be an MP

And there is of course a petition to add BloJo's name to the forthcoming leadership ballot for all Tory Party members to vote in. The stinking turd that just refuses to flush away...

GogLais wrote: ↑Wed Jul 20, 2022 5:07 pm

tabascoboy wrote: ↑Wed Jul 20, 2022 4:31 pm

fishfoodie wrote: ↑Wed Jul 20, 2022 4:18 pm

Disturbingly plausible, but then again, to run again for PM, he'll have to still be an MP

And there is of course a petition to add BloJo's name to the forthcoming leadership ballot for all Tory Party members to vote in. The stinking turd that just refuses to flush away...

Go for it lads. It’d wreck the Conservative party for a generation surely? Presumably he’s staying on as an MP.

fishfoodie wrote: ↑Wed Jul 20, 2022 4:18 pm

SaintK wrote: ↑Wed Jul 20, 2022 4:11 pm Truss according to Cummings!!

Disturbingly plausible, but then again, to run again for PM, he'll have to still be an MP

Ovals wrote: ↑Wed Jul 20, 2022 4:00 pm

_Os_ wrote: ↑Wed Jul 20, 2022 3:42 pm It's really astounding.

Mordaunt was clearly the best politician out of the lot. As in she presented well and concisely, quick witted. Like Truss there didn't seem to be any substance at all, but if someone is waffling on forever in monotone then they've got nothing. Mordaunt was also a genuine ordinary person (not a load of bullshit about being an immigrant when Badenoch is in fact from the UK), that may have been able to test Labour in connecting with ordinary people. She was also more of a fresh start.

Sunak has to overcome that he's seen as the billionaire guy who raised taxes to record levels, whilst also being seen as a tax dodger himself. He's also a rubbish politician when the pressure comes on. He'll go into the "unelected cunt" category very quickly with most voters.

Truss is a genuine moron. Some how the Tories look set to pick someone worse than Johnson. It's baffling she's now the favourite.

It's quite astonishing that the Tories could choose such an utter waste of space as PM. But, at least it leaves the Labour party with plenty of ammo to attack the Government with, since her election will be 'continuity' of the BoJo mob. And, I can't see her handling PM's questions very well - she's not exactly quick on her feet or an accomplished speaker/debater. She's also not very popular so I can't see the honeymoon period being very long - even if she goes ahead with her pledge to cut taxes - they'll be forgotten well before the next election and the Tories will find it hard to go to the country with their 'economically prudent' moniker intact.

If only I had faith in our electorate, in the face of our Right WIng media, it might almost be worth putting up with having such a cringeworthy PM for a couple of years,

Jockaline wrote: ↑Wed Jul 20, 2022 6:19 pm Pretty slick.

https://twitter.com/i/status/1549503944770076673

SaintK wrote: ↑Wed Jul 20, 2022 4:30 pm Just who the fuck do these arseholes think they are?
Patel, Raab and now Kwarteng ducking scrutiny at a select committee. Political cowards, though probably won't be the same roles in SEptember.

Business secretary Kwasi Kwarteng had been due to answer questions this afternoon from the environmental audit committee on accelerating the transition away from fossil fuels and securing energy supplies.

But Kwarteng wrote to the committee’s chairman, Philip Dunne, this morning to say he could no longer attend.

The minister gave no reason for pulling out, but offered to rearrange for a date in September, after MPs return from their summer recess.

Announcing Kwarteng’s decision, the committee tweeted: “He gives no explanation nor apology. This is not the way for senior ministers to treat scrutiny.”

Raggs wrote: ↑Wed Jul 20, 2022 4:41 pm

SaintK wrote: ↑Wed Jul 20, 2022 12:28 pm

C69 wrote: ↑Wed Jul 20, 2022 7:18 am Truss is now the bookies favourite

Some of her greatest hits!

It's the look of being so pleased with herself when she makes a shitty joke that gets me.

_Os_ wrote: ↑Tue Jul 19, 2022 3:30 pm Torq you can't disagree with me saying "you are entirely wrong", by first agreeing with parts of my original reply, then ignoring those parts of my reply where I agree.

I'm familiar with the UK PRS. The reason why I'm sort of doubting BTL being the sole reason for house price inflation (above the UK building considerably less than in comparable nations), is the numbers don't really stack up for it. Most landlords have a portfolio of one property (this accounts for about 80% of all UK landlords), the reason for this is simple, they think it's easy money then they actually try it and discover it's fucking difficult, then they quit but keep the property they have already (the property could've been acquired to rent, or from something like forming a new household with their partner, either way the equation is "being a landlord is difficult = fuck that"). These are usually sold by the owner eventually and do not become a viable stand alone business. There's a lot of limiting factors on your BTL get rich quick scheme, not least the renovation/maintenance costs (do you want to buy at the ceiling price? Or do you want to buy at below ceiling price/renovate/remortage at ceiling?), what about voids (lost income), what about yield (there are some houses that aren't viable as renters, it's not a case of buy anything), as well as what you do mention like the time it takes to appreciate (it will not be 1 year). Only about 5% of UK landlords own more than 5 properties (and they account for about 40%-ish of the PRS, and not the majority last I checked). Nor is the PRS the majority of UK housing stock, it's about 20%. Lastly there hasn't been some astronomical rise of the landlords since the GFC, there's actually been a small decline in the amount of houses in the PRS over the last half decade or so (for many reasons, the short version is it's not easy money).

What you describe was true in the 2000s, it doesn't really hold up anymore though.

What's actually happening right now, is there's a shortage of houses to rent (because as I say, there's not enough houses full stop). People will fight over a house to rent, like other people do over buying a house.

Torquemada 1420 wrote: ↑Wed Jul 20, 2022 9:33 pm

_Os_ wrote: ↑Tue Jul 19, 2022 3:30 pm Torq you can't disagree with me saying "you are entirely wrong", by first agreeing with parts of my original reply, then ignoring those parts of my reply where I agree.

I'm familiar with the UK PRS. The reason why I'm sort of doubting BTL being the sole reason for house price inflation (above the UK building considerably less than in comparable nations), is the numbers don't really stack up for it. Most landlords have a portfolio of one property (this accounts for about 80% of all UK landlords), the reason for this is simple, they think it's easy money then they actually try it and discover it's fucking difficult, then they quit but keep the property they have already (the property could've been acquired to rent, or from something like forming a new household with their partner, either way the equation is "being a landlord is difficult = fuck that"). These are usually sold by the owner eventually and do not become a viable stand alone business. There's a lot of limiting factors on your BTL get rich quick scheme, not least the renovation/maintenance costs (do you want to buy at the ceiling price? Or do you want to buy at below ceiling price/renovate/remortage at ceiling?), what about voids (lost income), what about yield (there are some houses that aren't viable as renters, it's not a case of buy anything), as well as what you do mention like the time it takes to appreciate (it will not be 1 year). Only about 5% of UK landlords own more than 5 properties (and they account for about 40%-ish of the PRS, and not the majority last I checked). Nor is the PRS the majority of UK housing stock, it's about 20%. Lastly there hasn't been some astronomical rise of the landlords since the GFC, there's actually been a small decline in the amount of houses in the PRS over the last half decade or so (for many reasons, the short version is it's not easy money).

What you describe was true in the 2000s, it doesn't really hold up anymore though.

What's actually happening right now, is there's a shortage of houses to rent (because as I say, there's not enough houses full stop). People will fight over a house to rent, like other people do over buying a house.

Sorry if I was unclear: I was referring to the cause of house price inflation in the US and UK and the cause of the 2008 crash.

I don't know where you get your data from but it's incorrect. I don't know any private landlords who own less than 2 properties. I know 4 who own more than 50. So, I checked. 70% own 2-10. 42% own more than 5.