The Post General Election Thread

[gordondaviesmoustache]

How bigs this ant?

Not sure, but don't tread on it or you'll end up black and blue, and besides it's done nothing to you.

The fact it's done nothing is beside the point. Remember that you are Vladimir Putin in this analogy. Or Kim Jong Un.

It's a ridiculous analogy and your complete failure to acknowledge my Adam and the Ants reference renders our conversation over.

 

[whp.blue]

10 fire stations in London to close due to cut backs

There is a pot of money it isn't bottomless and people seem to think paying for the benefits is the most important duty of the government and for filling that may have brought about this decision.

We cannot keep paying for a ever increasing DWP budget unless some else gives

Obviously on a personal level I have never used the services of the London Fire brigade and probably never will

 

[EalingBlue2]

Quite worried about my tax arrangements now. I live in UK and work from the UK but pay all my tax in Australia where I've not stepped foot in for 5 years.

Am I going to jail?

I would've thought you should talk to a tax agent, the thing is if you shouldn't have paid the Australian tax and should've paid the Uk tax you would be due a refund in aus and all your money back . If you voluntarily declared it you would likely (in aus anyway) be no penalty and just paid with interest. It's complicated but typically you would pay tax where you live and in virtually every country if you live there 183 days you should pay txt there. But without specifics I can't be sure - I deal a lot with our employees coming to aus and we typically withhold tax immediatelty then at the end of the tax year they usually do a review of both countries tax to ensure appropriate credits both sides. After that they payback as per usual in aus full time, though Americans still have to do all their U.S. Returns , though they get credits

 

[malg]

Where's our firefighter fella? He'll be able to put some meat on the bones of this fire station story.

 

[Blue Maverick]

10 fire stations in London to close due to cut backs

Mate is that another 10 or the 10 they closed in 2013-2014 Boris shut them and bought water cannons
Even though his own fire authority did t want him too and the public petition the bumbling tosser still shut them.
<a class="postlink" href="http://www.standard.co.uk/news/politics/boris-accused-over-sales-of-fire-stations-9618202.html" onclick="window.open(this.href);return false;">http://www.standard.co.uk/news/politics ... 18202.html</a>

 

[Blue Maverick]

Don't see the need for trident at all stick the nukes in the ground, everyone will know they are there, if we get attacked then we can launch them, if we don't well I'll be dead and they are welcome to a radiated planet.

Because everyone will know they're there, is why they are placed in submarines, their whereabouts are unknown, it's a well conceived military decision.

Well unless you can take them all out without one been fired then fair enough but I very much doubt it I'm sure we could cure enough to flatten Moscow ten times over.

 

[roaminblue]

This is clearly terrible news. But where does the money come from to keep paying for these? It would have to be borrowed but then do people expect that our children will be able to write it off? Money does not come from nowhere - somewhere down the line someone has to pay.

Sturgeon makes me laugh when she says we can't afford to continue austerity. The whole reason for austerity measures is because we can't afford things. If there was loads of money then cutbacks like the above would not be made. These decisions are not taken lightly.

People always like to claim politicians should have more "real world experience", "business experience", that the UK's purses should be managed more like a business.

There is a well trodden path:

Raise debt - Use debt to achieve growth - growth improves cash inflows - cash inflows service debt - debt is paid down

PE Firms will then recap or exit.

Thankfully the UK doesn't need to exit. Hence debt service should be manageable. As we all know, efficient capital structures involve long term-debt with long term maturities.

Et voila. There is no shortage of buyers of the gilt, we are golden

 

[jimharri]

<a class="postlink" href="http://news.sky.com/story/1481024/police-probes-after-bitter-bradford-west-fight" onclick="window.open(this.href);return false;">http://news.sky.com/story/1481024/polic ... west-fight</a>

The bloke attracts controversy like shit attracts flies.

 

[The perfect fumble]

The compassionate Tory MP for Reading....

[bigimg]https://pbs.twimg.com/media/CEpcdG-XIAArSZm.jpg:large[/bigimg]

 

[Grolsch30]

This is clearly terrible news. But where does the money come from to keep paying for these? It would have to be borrowed but then do people expect that our children will be able to write it off? Money does not come from nowhere - somewhere down the line someone has to pay.

Sturgeon makes me laugh when she says we can't afford to continue austerity. The whole reason for austerity measures is because we can't afford things. If there was loads of money then cutbacks like the above would not be made. These decisions are not taken lightly.

People always like to claim politicians should have more "real world experience", "business experience", that the UK's purses should be managed more like a business.

There is a well trodden path:

Raise debt - Use debt to achieve growth - growth improves cash inflows - cash inflows service debt - debt is paid down

PE Firms will then recap or exit.

Thankfully the UK doesn't need to exit. Hence debt service should be manageable. As we all know, efficient capital structures involve long term-debt with long term maturities.

Et voila. There is no shortage of buyers of the gilt, we are golden

So when will the Government be able to pay off the Trillion plus Pounds of debt?