tag:blogger.com,1999:blog-34112832.post1662995904424092914..comments2023-11-05T09:37:36.840+01:00Comments on A View From Rural Wales: Longer range reflection.Glyn Davieshttp://www.blogger.com/profile/10442114752573417252noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-34112832.post-29420717733729794342008-11-25T23:34:00.000+01:002008-11-25T23:34:00.000+01:00dalesman - We cannot be sure of the Election date....dalesman - We cannot be sure of the Election date. I still feel that the Prime Minister will want the vote before he has to announce that the borrowing levels hav eto rise again - which he will if the UK does not move out of recession by next July.<BR/><BR/>Frank - I thought you were doing ok until you reached your last para!<BR/><BR/>half blood - This blog is far too reasonable to post such comment, but don't let that stop you.<BR/><BR/>P man - I wonder why the BBC didn't mention this?Glyn Davieshttps://www.blogger.com/profile/17344589217554138315noreply@blogger.comtag:blogger.com,1999:blog-34112832.post-34163118987453529062008-11-25T22:05:00.000+01:002008-11-25T22:05:00.000+01:00Yes, the stock market over here went up when the F...Yes, the stock market over here went up when the Feds bailed out Citibank and let the world know that Citibank would not be allowed to fail - all the same Citibank is letting go of several tens of thousands of its employees. So the stock market going up had nothing to do with the Chancellor's speech. The Feds (apparently) pumped 20 billion into Citibank and also stumped up a pretty hefty doorstop limiting the liability of Citibank to 10% of bad loan deals after a certain point thereby putting the Feds on a big hook.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34112832.post-72707936604086089572008-11-25T12:54:00.000+01:002008-11-25T12:54:00.000+01:00What do you mean about West Brom? That's at least ...What do you mean about West Brom? That's at least theoretically possible. They are in the Premiership after all.<BR/><BR/>My own view is that Forest Green Rovers are more likely to win the Premiership this year than this awful package is to do anything but terrible and irreversible damage. Stupid man even increased the cost of fuel for businesses by compensating for the VAT cut, making goods more expensive than they were BEFORE his VAT cut.<BR/><BR/>The more I look at this, the more I think that every Labour MP with a spark of honour should resign their whip in protest.The Half-Blood Welshmanhttps://www.blogger.com/profile/05072936624444891100noreply@blogger.comtag:blogger.com,1999:blog-34112832.post-11186519345734146172008-11-25T12:44:00.000+01:002008-11-25T12:44:00.000+01:00attempts to put all the blame for the UK's problem...<I>attempts to put all the blame for the UK's problems on the dodgy sub prime loans in America.</I><BR/>Isn't it amazing? When the UK economy is in trouble, we are this poor little nation, swept along helplessly on the great international tide.<BR/><BR/>When things go well, or when other countries appear to be following our government's economic remedies, the UK is a major trading nation and Gordon Brown is at the top table.<BR/><BR/>Of course the UK made a major contribution to the credit bubble, whose sudden deflation has had world-wide repercussions. This started under the Conservatives. So did the hypocritical ambiguity about our world status.Frank Littlehttps://www.blogger.com/profile/12447989626809704972noreply@blogger.comtag:blogger.com,1999:blog-34112832.post-23612140469849924542008-11-25T10:15:00.000+01:002008-11-25T10:15:00.000+01:00Good post Glyn. The amount of debt he is getting u...Good post Glyn. <BR/><BR/>The amount of debt he is getting us into is staggering, and as he's optimistically expecting to economy to grown again (by 2%) in 2010, the debt is likely to be worse.<BR/><BR/>The reduction in VAT is a waste of time. Most of my money is spent on food, so it will have little or no effect on my spending.<BR/><BR/>I can't see a 2009 election now, though a couple of weeks ago I was saying April 2009. I think our deluded PM actually believes his own spin so a 2010 election is my favourite now.Anonymousnoreply@blogger.com