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Forums - Politics - The British general election. (HUNG PARLIAMENT)

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Hung Parliament?

Hang Parliament! 4 33.33%
 
Handwaving Participant 1 8.33%
 
Heated Posterior 0 0%
 
Home Parlour 1 8.33%
 
Hetero Positioning 1 8.33%
 
Herbivore Pterodactyl 2 16.67%
 
Health Points 3 25.00%
 
Total:12
bonzobanana on 08 June 2017
Wyrdness said:
bonzobanana said:

This is the problem. People like you quite frankly. It doesn't take much effort to see the UK has large debts and a trading deficit we need to sort ourselves out financially before we can spend more money. Trying to push through austerity measures is trying to improve the debt situation but to people like you austerity is wrong and we just keep increasing debts. We need an electorate that frankly has some common sense. You don't spend what you haven't got.

That's why all of us should be judging how a party will run the country on a financial basis so we are not all burdened with debt. This gives a  current overview.

http://www.nationaldebtclocks.org/debtclock/unitedkingdom

We are having to pay £45 billion in interest a year, that's money that could have gone into the nhs and other areas if we hadn't spent beyond our means. In the end spending money now we haven't got means greater austerity in the future and spending now only delays the reality of the situation. Maybe I'm alone in this but I feel its completely wrong to burden future generations with our debt.

This isn't an anti-labour post because labour's track record in government on national debt is as good as the conservatives if not better overall slightly. The issue is a left wing labour government and a right wing conservative government are both terrible for uk finances. The sensible position is in the middle. Thatcher was one of the most damaging prime ministers we ever had, sold off many public assets cheap, destroyed a huge part of our industrial base and still borrowed. Often conservatives have tax cuts we can't afford which is as irresponsible as spending money we haven't got.

My point is Labour isn't safe to vote for when it moves to a left wing position as Corbyn represents and his shadow cabinet has no one of worth for financial guidance. It just seems an incredibly dangerous and high risk choice. 

 

 

With auterity our debt has gone up far more then when the wasn't austerity, this highlights that it was never about reducing debt but cutting costs for one class of people to benefit the pockets of a few at the top. We had cuts to disabled people and all yet the tax cuts for big businesses remained with the likes of Starbucks and Google even getting away with not paying any tax for years and this was with the so called mob worthy of finance. As someone who works in finance I'm going to tell you this the debts are never going to disappear because of the econmic system employed, they're always going to be there because of how banks and financial institutes operate.

I will give Corbyn his due as his plan and vision is coherant and want's to return some of what the Thatcher days got rid of.

You do realise that google and starbucks base their european hq outside the uk and therefore pay most of their corporation tax outside the uk often in the countries with the lowest corporation tax. Apple is based in ireland and they have had a special arrangement for years where they pay almost no corporation tax. By leaving europe all these companies will have to pay corporation tax in the uk unless we somehow remain in the eu single market. 

I don't agree with your other points at all especially your casual attitude to building up even greater debts especially as you claim to work in finance.



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Wyrdness on 08 June 2017
bonzobanana said:

You do realise that google and starbucks base their european hq outside the uk and therefore pay most of their corporation tax outside the uk often in the countries with the lowest corporation tax. Apple is based in ireland and they have had a special arrangement for years where they pay almost no corporation tax. By leaving europe all these companies will have to pay corporation tax in the uk unless we somehow remain in the eu single market. 

I don't agree with your other points at all especially your casual attitude to building up even greater debts especially as you claim to work in finance.

Believe me in finance debt is just another word thrown around and the are tonnes of people making money off the debt you and others are told to be scared of, I'm casual like anyone else in finance about it because I've seen how the system works and that debt is actually implemented into it it's just a case of oh well just carry on.

Basing your HQ in European isn't an excuse for dodging tax as you're still operating in the UK as a business, the government could have taken measures to adjust laws on tax a while ago but because they're benefit from these tax dodgers personally they make it seem that leaving the EU is the only way, believe me Brexit should it happen is only the beginning of a whole host of issues in that department when reality starts to hit the whole UK as then people can stop blaming the EU for problems we created for ourselves.



LurkerJ on 08 June 2017

Meh.



Bofferbrauer2 on 08 June 2017

So, looks like it's going to be a hung parliament right now from the exit polls



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barneystinson69 on 08 June 2017

Holy shit. How the fuck is Labour doing better than the polls suggests? Exit polls could be wrong (just like they were with Kerry in 2004), but this would be a surprise if the Tories lose their majority.



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Wyrdness on 08 June 2017

Theresa May could possibly be forced to resign if it's a hung Parliament.



Teeqoz on 08 June 2017
barneystinson69 said:

Holy shit. How the fuck is Labour doing better than the polls suggests? Exit polls could be wrong (just like they were with Kerry in 2004), but this would be a surprise if the Tories lose their majority.

Maybe people want someone to actually adress the growing gap between economic classes?



fory77 on 08 June 2017
barneystinson69 said:

Holy shit. How the fuck is Labour doing better than the polls suggests? Exit polls could be wrong (just like they were with Kerry in 2004), but this would be a surprise if the Tories lose their majority.

These first 2 results seem to be proving it wrong-ish.



Wyrdness on 08 June 2017
Ka-pi96 said:
Wyrdness said:
Theresa May could possibly be forced to resign if it's a hung Parliament.

How would that work? And who would be her successor?

The Tories would pick another member as party leader, Prime Minister as a role is not as secure for the person in it as what President is in the US the former can be removed at any time by their party.



Ljink96 on 08 June 2017
Ka-pi96 said:
Another lose/lose election where both candidates are complete shit, yay!

Oh come on, we all know Hillary wouldn't have done half the garbage Trump has done...but what did I expect. You are a polar bear, you guys can't know much