The Mudcat Café TM
Thread #157929   Message #3732981
Posted By: GUEST,Musket
25-Aug-15 - 03:02 AM
Thread Name: BS: electing a new labour leader
Subject: RE: BS: electing a new labour leader
Investing in shares?

Every pension policy (other than a few state owned ones such as NHS where payments to pensioners is via government coffers) is invested on your behalf in shares. Every penny in your building society passbook is invested in shares. Every penny the government can spend on social security, benefits, NHS, defence, education and state pension is dependent on market confidence in the national debt and competent fiscal management.

So... Who are these people who don't have a stake in the only fucking difference between us and a third world country relying on food parcels?

(Yes Kevin, I would preface my question to him with fucking, face to face. I didn't think lesson 101 in economics needed to be repeated in order to educate. Views are fine and valid, but to think only the top 0.01% are affected by destroying our standing, the only thing we have to offer the bloody world these days...) Our national credit rating is the rubicon that no chancellor of any persuasion has wished to cross.

What price Corbyn's ideas without the funds to put them into action? Take bonuses from anyone in the financial world? They'll pay for Birmingham Social Services for a day or maybe two if you let old people sit in their shit for a few hours. The rest of his ideas?

As I said. I like what he wishes to prioritise spending on to a degree but I see nothing concerning how to fund and maintain it.