Tag Archives: Osborne

The Cameron-Osborne Mantra

If there was ever a Prime Minister fully entitled to bang-on incessantly about “the mess left behind by the previous government”, it is Mrs May.

The Cameron-Osborne ‘mess’ has not been immediately apparent because of the veneer of spurious statistics applied to it like icing over a dodgy cake.

Hopefully with Spreadsheet Phil now in charge of the Treasury, we will be allowed to see some pure numbers, rather than those endless ‘percentages’ which Chancellor Gideon and Dave were so very fond of.

Did you notice that even towards the end of his valedictory address to the assembled hacks in Downing Street, David Cameron could not resist a  quick “…and we reduced the deficit by two-thirds!” ?

No you didn’t, Dave and you certainly should not have bolted at the first sign of having to take some real “tough decisions”.

Corbyn and Cameron – Taxi!

corbyncameron

 

Yes, all you Corbyn supporters – he is a decent man.

Unfortunately, decency is no substitute for competence and unfortunately, Corbyn is to leadership what Osborne is to fiscal credibility.

Let us hope that Jezza does not suffer a protracted political death but a surgery that is swift and clean.

And let us not forget that Cameron’s Westminster equivalent of a Dignitas booking was already in the diary well before his sniveling performance at the No 10 microphone last Friday. It’s just been brought forward.

Remember that in two attempts, he was not able to secure a decent parliamentary majority: Once against the lame duck Brown and then opposite the gawkily wackadoodle Miliband.

Cameron’s management shortcomings have never been better exemplified than by the fact that with at least six years’ warning, he went into a referendum WITHOUT having prepared a Brexit plan!

It’s all very well for the country’s thickos to keep repeating… ‘Those Brexit Winners don’t have a plan. They never had a plan….’.

It is NOT their job to produce a plan.

Government Plans are produced by a government. It is a government’s responsibility ….and the Brexit plan should have been in place for years. It’s not as if the referendum was a surprise!

We are now being treated to the very unedifying spectacle of Cameron gathering his Cabinet today (27th June 2016)….for what appears to be the very first meeting(!!) to decide on a Brexit strategy.

UNBELIEVABLE!

Osborne – Exit Right.

Chancellor Gideon, who referred to the Brexit campaigners as economically illiterate and ill-informed (probably in a vain attempt to establish some common ground with them), has added: “It’s not the outcome I wanted but I respect the decision of the British people and will do all I can to make it work.”

There is only one way that Gideon can make it work…..GO quietly.

Resignation by Wednesday?

Brexit – the Highlights

There were only two highlights:

  1. Cameron and Osborne in their now customary Bob the Builder fancy dress of hard-hat and high-viz jacket, dispensing their fabulously entertaining post-Brexit comedy “facts” designed to scare the crap out of the British public. Priceless!
  2. Labour leader Jeremy Corbyn reciting his ‘Remain’ speeches with all the enthusiasm, delivery and expression of a bipolar Santa undergoing a prostate examination.

 

DC and Gideon – The screw-up of the century?

hard hats
Look George! It’s one of those..er…’workers’!

By nominating themselves as the main spokesmen for the EU referendum  IN-vote, Cameron and Osborne have made a gross error of judgement.

Not for reasons of personality or presentation skills – those are abundantly evident  🙂 – but because they have come to believe their own publicity.

Let’s spell it out: The Conservatives did NOT win the last General Election either because they were liked or even because voters believed their rather flaky economic predictions and even flakier claimed economic achievements.

They were elected because the alternative (Miliband) was TOO horrible to contemplate. It was not Sir Lynton Crosby who won them the 2015 General Election, it was Ed Miliband.

There aren’t enough high-viz jackets, hard-hats or factory production lines in the country to convince the average British voter that there is some sort of “connect” between themselves, DC or his sidekick.

Cameron and Osborne should stop all the nonsense of posing among ‘ordinary’ workers in factories owned by aspiring ‘Sirs’ and spouting their dystopian EU piffle.

They should both go back to Downing Street and wait.….and a couple of phone calls to Pickfords wouldn’t go amiss either!

Bus for Cameron!

It continues to defy belief that Cameron decided to lead the pro-Europe, ‘IN’ referendum debate.

Had he taken the correct option and organised the campaign only slightly differently by remaining neutral, we would not now be hearing dark mutterings of resignation and a vote of no confidence….but as usual, he did not pause to think.

Immigration is now being highlighted as his major ‘FAIL’ …..and quite right too! Plus, he and Osborne should certainly NOT be leading the migration debate as they both inhabit the ‘double bubble’. Double Bubble? Yes…..the Westminster Bubble wrapped within their personal Uber-Prosperity Social Bubble which means that neither of them need ever live alongside or among anyone who is not white, upper class or (at worst) upper middle class.

No amount of toning down of the ‘prep school boarder’  accent or even those rather affected glottal stops which Chancellor Gideon is so fond of bunging out when he remembers to do so, will change the fact that they are both out of touch with the vast majority of the UK population.

Make no mistake, if Cameron is thrown under a bus by his own party, Osborne will not be far behind….much to the delight of at least two very well-known Conservative harpies-with-a-grudge…(Nadine?….honey is that you?)

Bojo’s Brexit Bus was far more significant and symbolic that any of us suspected!

 

EU lies? Like S***to a Blanket……..

 

Listening to many of the Brexit-related vox pop on the news, especially from the older generation makes you realise that not only are many of the interviewees a bit thick , but that many do not appear to read past the headlines…… and that is exactly what Cameron and Osborne are tapping into.

They fully realise that all they have to do is trot out a few memorable short sentences containing lots of “Could” and “Probably”, in the knowledge that all the audience will hear is “job losses”, “recession”, “lower house prices”, “self-destruct” etc with the latest suggestion being  that leaving the EU would be “immoral”.

Heavy shit! Of course, that is exactly what it is….Shit.

We are listening to two guys whose prediction record matches that of Dr. Dionysius Lardner who said in 1830: “Rail travel at high speed is not possible because passengers, unable to breathe, would die of asphyxia.” 

Or as recently as 1977, when Ken Olson, chairman of The Digital Equipment Corporation predicted: “There is no reason for any individual to have a computer in his home.”

Neither Cameron nor Osborne has any idea what is going to happen next month. Never mind in twelve months’ or five years’ time.

Because of their tactical rather than strategic mentality, they are predicting what they think will happen to the British economy in the year or so following Brexit.

Proper leaders would be thinking very long-term but of course Dave and Gideon only have to frighten this generation of voters and will not have to apologise to future generations who may find themselves unable to escape from the economic and sociological straitjacket of EU membership.

The fact is that neither Cameron nor Osborne is capable running the United Kingdom without the reassuring comfort of Brussels and its rapidly mushrooming and already considerable population of commissars.

We should also notice that no one who is in favour of remaining within the EU club is even attempting to describe the socialist utopia which is being created right under our noses.

Where is the talk of increased incomes, a recession-free United Kingdom, more employment, a prospering NHS – all the things which are the corollary of the doom-infused nonsense which we are being fed?

Is it because negativity, doom and ruination are not-only more memorable but stick in the mind like s*** to a blanket?

Another BREXIT myth?

cash

Always beware of any sentence uttered by a politician which contains the word “percentage” – especially if that politician is Chancellor Gideon.

The latest bit of statistical fantasy saw Osborne suggesting that if we leave the #EU, “house prices COULD fall by Up TO 18 %.” (!)

Obviously, he has a plan!

Does he intend to stop dodgy Russian oligarchs, newly-minted Chinese billionaires, corrupt African despots and tyrannical Middle Eastern potentates and politicians from driving-up UK house prices by buying up London properties and paying silly money for the United Kingdom’s historic country houses and estates?

Mind you, it’s all a great distraction from the NHS, the tanking economy and our unmeasured, out-of-control immigration.

Osborne’s Crassness and Stupidity

All that Chancellor Gideon has achieved by stating that if the UK leaves the #EU, MORTGAGE RATES will increase, has been to highlight his stupidity and total lack of understanding of the mortgage market. Presumably he is implying that if we remain in the EU, mortgage rates will NOT go up?

However, it was good to see that in preparation for any backlash, he made the point that his weasel words were, in fact, quoting what “The Americans” said.

Tax Return? Don’t Make me laugh!

THIS is a Tax Return:

corbyntax    

 

 

 

 

 

 

THIS is NOT a Tax Return:

cameron-tax-returnPNG

 

 

 

 

 

 

I will say this only once!

Cameron, Osborne and Johnson have NOT produced what are being referred-to as “Tax Returns”.

They have produced what look like simplistic spreadsheets which do not even look as if they’ve seen an accountant, never mind HMRC.

I wonder who is going to be the first to notice and ask for their audited accounts as well as PROPER Tax Returns.

Boris Johnson is taxed as both an employed as well as a self-employed person. He should be showing TWO sets of figures – but even he has been allowed to produce a schoolboy Excel spreadsheet.

Only the unfortunate Jeremy Corbyn has produced a Tax Return!

As usual, the British public had its opportunity and blew it!

Cameron & Gideon….don’t forget the wives!

In order to see number which give a true reflection of Cameron’s and Osborne’s incomes, their spouses tax returns should also be made public. It’s amazing how easy it is to forget having bestowed large amounts of cash on a loved one.

I am not suggesting for one moment that there may have been deliberate movement of assets or cash designed to defraud HMRC but these things can happen for totally innocent reasons…..so while we’re at it, perhaps it would be best to get it all over with in one go!

In addition, I would suspect that at least one of them is part-Schedule E and part Schedule D. That means that apart from PAYE deductions, there may be accounts!

The Shady in Waiting.

Now that Cameron has released a note of his tax affairs back to 2009 (yet another mistake), it won’t be long before  his income prior to that date will be demanded for scrutiny by an increasingly ferocious press.

His priority now should be to sack his ‘advisers’. They have advised him very badly in the past but on this occasion, have excelled themselves. Their talent this week appears to have consisted of no more than pouring increasing volumes of petrol onto the fire.

Yes, Dave, you were quite right, there are things which are a ‘Private Matter’. For instance: “I love my dad. I miss him every day. He was a wonderful father and I’m very proud of everything he did.’ is most certainly private in an awkwardly ‘icky’ sort of way! The tax affairs of a Prime Minister who, for several years, has been engaged in a ‘faux’ quixotic battle against tax avoiders with his sidekick Sancho Osborne are not.

Wrong again!

Of course, technically, Cameron and his family have done nothing wrong. What has been done for them with their tax (always blame the accountants!) is no more than ‘naughtiness with intent’, rather than downright badness – the sort of thing we would all do if we had an estate in excess of £325,000.

The next ‘We’re in this together’ clown who should be audited (although I prefer ‘dissected’) is the Shady-in-Waiting, George Osborne. Mind you, with that pedigree, his family is probably much better equipped for papering over the offshore cracks than Dave’s lot.

 

 

 

Cameron’s letter to Santa.

gdp

David Cameron is about to send his Christmas EU wish-list letter to Brussels.

As he licks the stamp, he should perhaps reflect on the fact that this is the third renegotiation since Britain joined in 1973 and our second referendum on membership.

It’s not even as if the United Kingdom is negotiating from a position of strength. The rather flaky economic recovery which Osborne thinks he’s sold not only to a gullible British public but also to the EU, is looking shakier by the day.

The much-promulgated “We’ve managed to get the deficit down to 5% of GDP!” may sound good in isolation but the much-maligned Eurozone has a Deficit-to-GDP ratio of only 2.1% ! (The UK figure is actually well over 5.0%). The only three coutries with a higher Deficit-GDP ratio are Croatia, Spain and Cyprus.

If you listen very carefully to Cameron’s referendum rhetoric, you may notice that he has moved from being pro-EU to very neutral. You will also notice that he’s chosen four very flabby areas on which to “negotiate”:

  • Integration: Allowing the UK to opt-out of any EU Superstate nonsense
  • Benefits: Restricting access to in-work and out-of-work benefits to EU migrants.
  • Sovereignty: Giving greater powers to national parliaments to block EU legislation.
  • Eurozone vs the rest: Securing an explicit recognition that the euro is not the only currency of the European Union.

He has totally ignored our two biggest gripes: The £6-20 BILLION (depending on who you talk to ) net annual contribution to the EU and that obscenely inflated money-pit that is the Brussels bureaucracy. THAT is where the changes ought to be!

However, we can take comfort from the certain knowledge that WHATEVER our Prime Minister “negotiates” will be proven statistically to be a great (statistical) victory for the UK taxpayer.

 

 

WEALTH WARNING!

Chancellor #Gideon is considering scrapping tax relief on Pension Contributions but then allowing tax-free access to savings upon retirement. This should be resisted by everyone. Not only is it a bad idea, borne of Treasury short-termism and a Chancellor with a singular lack of imagination but it is also a con…..He obviously has not learned the Tax Credits lesson and is obviously in a hurry – before the UK economy ‘tanks’ again.

Export worries.

cameron and osborne

David Cameron and George Osborne both appear to think that meeting other politicians somehow creates international trade. The fact is that politicians have very little influence on commerce and none at all on corporate trade-related decision-making.

The three months to September 2015 saw British exporters experience the weakest growth in orders since the second quarter of 2009 when the country was in the grip of recession.

Admittedly, manufacturing represents only about 10% of GDP but nevertheless it is worrying to see the UK’s export drive going into reverse at exactly the time when the government is dispensing such positive economic mood-music.

Yes, we understand that the UK economy is in better shape than most other European countries but then again, in the land of the blind, the one-eyed man IS king!

Our overall economic growth has slowed to 0.5% per quarter but it is most likely that almost all of that growth is as a result of domestic demand – which is certainly not particularly encouraging within the global economy.

A Markit survey published yesterday shows that  in spite of the rhetoric, the construction sector also slowed in October.

We not only want our cake……….

camcart

 

Chancellor Osborne is off to Germany next week to outline how he wants to protect London’s financial services industry in a reformed European Union. The fear is that ever-closer integration of the eurozone could leave London sidelined in financial policymaking, affecting its banking sector. In fact, London’s status as a European financial centre has already been compromised by Cameron’s dithering and inability to put down on paper the exact changes he is (apparently) negotiating. The continuing lack of detail on his demands for new EU membership terms, is causing both frustration, bemusement and a level of confusion among EU leaders.  Cameron has now had to “do a Chilcot” by promising to send them his wish-list by next week.