I'm not sure the electorate realise just how deep the cuts will have to be. I think the chance of drastic cuts is much higher up the agenda now that Greece has turned very nasty. Hopefully the people of Greece will come to realise its tighten your belt or have nothing left. I don't think rioting is really going to solve a budget deficit.andyfuller wrote:Whoever gets in I think we will be getting a scary budget in a matter of weeks even if Labour were to get back in despite just having a (pretend) budget weeks ago.
General election and gambling
Having analysed companies for many years it's quite common for a new owner of a business to come in and say 'My god what a mess we have been left in'. At that point they dish out all the bad news, write offs, pain etc.
A few years later the finances look a million times better and the new CEO can take credit for the turnaround. I expect Policitics is very likely to follow the same path. The only difference is that they can't write down the value of stock (Governement debt) in this case. So they will have to cut spending and raise taxes and blame the guy that left.
That is, if we don't have a hung parliament!
            
			
									
									
						A few years later the finances look a million times better and the new CEO can take credit for the turnaround. I expect Policitics is very likely to follow the same path. The only difference is that they can't write down the value of stock (Governement debt) in this case. So they will have to cut spending and raise taxes and blame the guy that left.
That is, if we don't have a hung parliament!
I bet that, once the country's finances are back on track, the government will continue to waste money on invading countries that are no threat to Britain and frivilous projects like the Millenium Dome!
Maybe I'm just getting cynical in my old age...
Jeff
            
			
									
									
						Maybe I'm just getting cynical in my old age...
Jeff
Bet Angel wrote:Having analysed companies for many years it's quite common for a new owner of a business to come in and say 'My god what a mess we have been left in'. At that point they dish out all the bad news, write offs, pain etc.
A few years later the finances look a million times better and the new CEO can take credit for the turnaround.
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				andyfuller
 - Posts: 4619
 - Joined: Wed Mar 25, 2009 12:23 pm
 
Its been quite a few hours already and the counting hasn't even started.
Firstly we had the BNP on a charm offensive:
http://news.bbc.co.uk/1/hi/uk_politics/ ... 663681.stm
Then UKIP tried to steal the headlines doing some aero acrobatics:
http://news.bbc.co.uk/1/hi/england/nort ... 664260.stm
            
			
									
									
						Firstly we had the BNP on a charm offensive:
http://news.bbc.co.uk/1/hi/uk_politics/ ... 663681.stm
Then UKIP tried to steal the headlines doing some aero acrobatics:
http://news.bbc.co.uk/1/hi/england/nort ... 664260.stm
Just for a laugh here are some headlines after the counting has finished
'I could Murder an Indian' - Nick Griifin goes for a curry after receiving two votes (his Mum still likes him)!
'Couldn't have done it without you Bob' - Gordon Brown celebrates a Labour landslide victory by thanking Robert Mugabe and his Entourage in assisting with the ballot count
'Dumber and Dumber' - Brown and Cameron 'agree with Nick' so much they voted for him as well
'Harry Hill decides PM' - Harry Hill will referee the fight between the 3 candidates on TV Burp to decide the next PM. Viewers can call 0800 010 2222 44 when they spot the knitted character.
'It's a Con' - Gordon Brown is upset that he cannot claim the next 30 years as a holiday expense
'UKIP Airlines Disaster' - Pilot fails to spot European ash and crashlands.
 
            
			
									
									
						'I could Murder an Indian' - Nick Griifin goes for a curry after receiving two votes (his Mum still likes him)!
'Couldn't have done it without you Bob' - Gordon Brown celebrates a Labour landslide victory by thanking Robert Mugabe and his Entourage in assisting with the ballot count
'Dumber and Dumber' - Brown and Cameron 'agree with Nick' so much they voted for him as well
'Harry Hill decides PM' - Harry Hill will referee the fight between the 3 candidates on TV Burp to decide the next PM. Viewers can call 0800 010 2222 44 when they spot the knitted character.
'It's a Con' - Gordon Brown is upset that he cannot claim the next 30 years as a holiday expense
'UKIP Airlines Disaster' - Pilot fails to spot European ash and crashlands.
- 
				andyfuller
 - Posts: 4619
 - Joined: Wed Mar 25, 2009 12:23 pm
 
This next result will be very interesting - if the Tories get it the price will come in more if not get out quickly if you can before the price goes out
            
			
									
									
						- 
				andyfuller
 - Posts: 4619
 - Joined: Wed Mar 25, 2009 12:23 pm
 
Was ample time to get out and lay some there before the market moved - hope you managed too
            
			
									
									
						You'd be a braver man than me!  
I think a Labour majority is extremely unlikely, but the electoral system is stacked in Labour's favour, and it's just possible that lots of undecided voters thought 'better then devil you know'...
Jeff
            
			
									
									
						I think a Labour majority is extremely unlikely, but the electoral system is stacked in Labour's favour, and it's just possible that lots of undecided voters thought 'better then devil you know'...
Jeff
Stewart wrote:Great Moves so far and it could go either way (CON or NOMs) - can't understand the Labour majority not trading at 999 at the mo (currently around 120). Now if I was Mr Spike man I look to buy some cash!
Rather basic and I may be completley wide of the mark but in England when Cons V Lab then there is a big swing to the cons. More than the 7% needed.
Only one when Cons V Lib which was a Lib hold.
I think this is going to be very close to the 326 mark. Certainly plenty of swing opps.
            
			
									
									
						Only one when Cons V Lib which was a Lib hold.
I think this is going to be very close to the 326 mark. Certainly plenty of swing opps.

