Corbyns Torque

They certaintly are trying to remove democracy Primrose, but this will, I suppose, be denied by the Corbyn extremists

No slur to be unemployed, but not a fair or just description of our armed forces . Are you now claiming there are no what you call vocal middle class in our armed forces ?

Rubbish, tosh, untrue

I'm starting to think that Momentum talk about democracy all the time is because that's what they're trying to remove.

cornishstuff.com/2018/01/21/chair-of-truro-momentum-resigns-over-lies-scaremongering-and-slander/

The more I see, the more this becomes about power and control. Being a member of Momentum and supporting it does not mean anything. You need to be one of the chosen ones.

I watched a programme about the Vietnam war and watched Vienam Vets hurling their medals over a fence built to keep them from the White House. I would imagine many of the vets of other wars feel the same. The difference is of course that soldiers in Vietnam were conscripted. The government's learned much over the years, like not to recruit from the vocal middle classes,but to target the unemployed which is what Corbyn was complaining about. Why is it a slur to describe someone as"unemployed"? It's something that could happen to any of us. It means there are no suitable jobs, something the army has been quick to exploit

I am so angry again, reading a thread about PTS after gulf, Afghanistan. Falklands conflict, the same brave men the mighty hero Corbyn called the unemployed, and some far left here defended him , this hero who squealed when asked a question by one female - your harassing me, then hid behind a glass door .

It would split the vote Primrose , I would be in a panic, centre party or Welsh labour. We would a Tory government in the Assembly

Has anyone seen the list of mp s likely to be preselected? I wonder about John Cryer.

"There's a lot of me that agrees with them breaking away to form a new Centre Party, but I imagine they are worried that if that splits the vote, they will never be in government."

I can see that being the case. It could be career suicide. All the moderates have had to refrain from being critical of Corbyn and co. At the moment we have a "Shut Up And Put Up" split Labour Party.

I don't think anyone is fooled into thinking all is well. I imagine more and more people are wising up to the infiltration of Momentum into the Labour Party and the far left direction in which it is being steered. If anything one wonders why so many MPs are allowing it to happen without raising objections. It can only be they are in fear of being ousted for speaking out.

Are they awaiting the result of any boundary changes first?

There's a lot of me that agrees with them breaking away to form a new Centre Party, but I imagine they are worried that if that splits the vote, they will never be in government.

Rock and a hard place lemon

The trouble is though, as to who the next LP Leader could be at that stage, as I doubt Starmer is left enough for them.
Perhaps the moderate LP MP’s should break away now for a Centre Party while they have the chance.

I see McDonnell as the worst threat ( Corbyn comes second)
As Macca is the power behind the throne ....along with Lansman and friends, the LP will possibly be dragged even more to the left than Corbyn anticipates.That would be a turn up for the book. if they go too far though, it will make them unelectable.

I think there's a difference between buying shares and seizing assets trisher.

Primrose65 do you really think that buying one set of shares in a utility would cause such damage? The stock market isn't as fragile as you seem to imagine. It's nothing like the banking crisis, which wasn't one single bank but banks all over the world who had over extended. And we bailed ours out didn't we? People buy shares at below market value every day, they then trade them in and make money. Much as happened with Royal Mail. Instead of selling them on they would be held by us.

Seizing assets at below market value would cause a stock market panic in my opinion. There would be absolute chaos.
Banks, pension funds and investors would get margin calls.
I'm not sure where they would get the cash from - the system might seize up because of counterparty risk - same as the banking crisis.

No idea how JMcD thinks he could raise £300 billion on a market that he has destroyed.

Just thinking about it makes me want to stock up on baked beans and cat food
[tin foil hat on again]

The price setting of IPO's is not as simple as journalists like to think. Some go up initially - like Easyjet, Standard Life, some go down, like Sports Direct. It's complex, fickle and a real art to pricing to balance the demand.

Really, if those journalists could predict the direction of the stock market on a given day, they'd retire. If they could price IPO's, they'd be doing that instead.

It is also deeply concerning that Corbyn and McDonnell appear to be planning to seize assets below their commercial value.
but it was Ok for public services to be sold off to private investors at below market value? Like the Royal Mail fiasco.

It sold the shares at 330p and within a day the share price stood at 455p. At the time of course, the government said the valuation would ultimately be proved right. But with the average price since then having been even higher at 486p, the government effectively gave away £1billion in public assets to those who already had money going spare
Personally I'd rather under pay people who are making profits from providing utilities.

Only Connect for me this evening!

Only Connect on now, so I will take a break to concentrate on it ( and a and

Primrose well, McDonnell did say that if they got into power ( last year) they would have plans drawn up expecting a run on the £.
Unfortunately ( or is it fortunately, so that we see through it)
Because he never produces convincing figures and is consistently vague about where the actual money will come from, he isn’t at all believable.

Factual, GG

Hopefully we can discuss the issues now.

Jalima, I have The Supervet on in the background - I don't usually watch it as sick animals and heart-broken owners isn't good TV for me! Too emotional. However, it struck me that there are so many truly lovely, loving people working there. That Irish vet is how all humans should be. Such a compassionate chap. I wondered if he is married, and if not, does he go in for the older woman???? [hmm}

It is of course a completely highbrow and intellectual programme. I am glad it's ended mind, as I have just had to have a good nose blow.

Dinner time.

It’s absolutely frightening isn’t it? Hopefully the next election is so far off that anything ( except that! ) could happen.

I suppose that is very true.

Back to the subject without the stirring.

So what do you think that is?

I have half an eye on tv Jalima Giles Coren getting on a camel at the moment.?