So the Final 2 - Liz and Rishi

^ Liz Truss will empty the coffers and leave the country in a mess for the next incumbents?^

That is the only thing we don't have to worry about. We have a sovereign currency and can issue as much as we please so long as there are resources available to be bought. The country does not have a finite amount of money.

The things we do have to worry about is an economic policy which makes the poor even more poor, destroys businesses by restricting people's income available for spending on goods and services, doing nothing about profiteering and cutting taxes for the wealthy who don't spend the extra money in the domestic economy, but use it to speculate in the financial markets or squirrel it away in tax havens.

We also have the threat of 'Enterprise zones (Freeports, Charter Cities)) which in effect, create large enclaves in which none of our laws apply. Private fiefdoms... Entire areas of the country sold to private owners (who gave the tories a mandate for that?) who are in complete control and outwith the reach of British laws and regulations.

medium.com/@cormack.lawson/charter-cities-the-real-reason-for-brexit-and-the-bigger-picture-4de80dbb69fb

This is what the far right wing of the tories want. They are the ones who will control either of the two contenders when they become PM.

Maizie I've been reading about the Peel Group and DP World and it's truly frightening. I don't want to overreact, so am doing some more research. I read about Liverpool some months ago.

I’ve been looking at Patrick Minford - the economist quoted by Truss as her guide?

We are in big trouble.

Charter Cities? dictatorship by company.

My choice was Penny Mordaunt but she is gone now and we are likely to have low tax Liz or no tax Rishi, who is hoping to be the first Hindu P.M.

Neither candidate seems worried about the climate crisis, the death of species, or appalling state of the waterways in the U.K. just banging on about tax cuts. The planet will be frazzled in and many parts uninhabitable in the not too distance future. Yet these so called leaders don’t care.

growstuff

Maizie I've been reading about the Peel Group and DP World and it's truly frightening. I don't want to overreact, so am doing some more research. I read about Liverpool some months ago.

I'm very glad that someone else is frightened, growstuff.

However bad governments have been before they've never sold off enormous bits of the country to be entirely free of all our laws and regulations.

Do keep us up to date with your research..

vegansrock

Neither candidate seems worried about the climate crisis, the death of species, or appalling state of the waterways in the U.K. just banging on about tax cuts. The planet will be frazzled in and many parts uninhabitable in the not too distance future. Yet these so called leaders don’t care.

Neither are they worried about the ongoing covid crisis and the effect it's having on the NHS and health of the population.

Whitewavemark2

I’ve been looking at Patrick Minford - the economist quoted by Truss as her guide?

We are in big trouble.

He advocates turning the UK into a Singapore-type economy. There would be no place for manufacturing or agriculture. So anybody who advocates "levelling up" or boosting the UK's manufacturing capacity is going to be very disappointed.

MaizieD

growstuff

Maizie I've been reading about the Peel Group and DP World and it's truly frightening. I don't want to overreact, so am doing some more research. I read about Liverpool some months ago.

I'm very glad that someone else is frightened, growstuff.

However bad governments have been before they've never sold off enormous bits of the country to be entirely free of all our laws and regulations.

Do keep us up to date with your research..

It's already happening. Peel Group and DP World own billions of pounds of assets. The only mitigation would be to have regulations which ensure they treat employees fairly, stop them doing damage to the environment, make sure they pay taxes to benefit everybody, etc.

It's like a return to the 18th and 19th centuries, when the millowners were the main employers and owned the shops where people spent their money and the properties people rented to live in.

vegansrock

Neither candidate seems worried about the climate crisis, the death of species, or appalling state of the waterways in the U.K. just banging on about tax cuts. The planet will be frazzled in and many parts uninhabitable in the not too distance future. Yet these so called leaders don’t care.

Rishi did make some lame kind of comment about his two young girls being interested in the climate crisis and wanting to leave a better environment for grandkids. But he said nothing of any real substance.

I hope for Rishi. He is cool, calm and collected when speaking and interviewed. His thought processes seem clear - he is cool under pressure and has survived a baptism of fire since being made chancellor. To me, he has seemed like a candidate for higher office since he was made chancellor. I would hope that his financial success in his private life would translate into managing the country, not forgetting people who have not had his opportunities. I like the fact that his private family life seems stable and that there is no whiff of disloyalty about him. It needed someone of his prominence to oust Boris and he was courageous enough to do it.
I hope we are saved from Liz Truss who is inexperienced and comes across like another Theresa May. Not tough enough.

Lupin, you make a succinct case for Rishi over Fluffy Liz..hmm

Neither of them are good enough. Sunak because of the tax avoidance claim and Truss just hasn't got what it takes.

Lupin

I hope for Rishi. He is cool, calm and collected when speaking and interviewed. His thought processes seem clear - he is cool under pressure and has survived a baptism of fire since being made chancellor. To me, he has seemed like a candidate for higher office since he was made chancellor. I would hope that his financial success in his private life would translate into managing the country, not forgetting people who have not had his opportunities. I like the fact that his private family life seems stable and that there is no whiff of disloyalty about him. It needed someone of his prominence to oust Boris and he was courageous enough to do it.
I hope we are saved from Liz Truss who is inexperienced and comes across like another Theresa May. Not tough enough.

You mean being clever enough to marry a very rich woman? ( he says all of the wealth is his wife’s I believe).

And the bank of mum and dad.

A charmed existence, one that most children can only dream of.

Just to be sure, I looked on line to see where Rishi Sunak's wealth came from and see no reason to change my views. He has had many advantages, but they haven't stopped him from making his own money and becoming a rich man in his own right. He is the target for questions about his financial conduct from the opposition and journalists but. so far, nothing has stuck.
There is a choice between two politicians at the moment. I have gone with my head. ( Which I have now, for the first time, laid on the chopping block of a Gransnet political thread )

Lupin

Just to be sure, I looked on line to see where Rishi Sunak's wealth came from and see no reason to change my views. He has had many advantages, but they haven't stopped him from making his own money and becoming a rich man in his own right. He is the target for questions about his financial conduct from the opposition and journalists but. so far, nothing has stuck.
There is a choice between two politicians at the moment. I have gone with my head. ( Which I have now, for the first time, laid on the chopping block of a Gransnet political thread )

I agree that he is the PM that would be the best one for the country given that there isn’t going to be an election.He is also better morally than most of them. Even Truss is an adulterer. I think, with his fine, he just happened to be in the wrong place at the wrong time. But Johnson and the ERG want Truss because they don’t want what’s best for the country, so that’s where we’re heading.

I hope Liz gets it, and I hope she chooses Kemi Badenock as her Deputy. If this is only for two years at least give the girls a chance. They might just surprise us. Liz might manage to haul back a bit of credence to the Tories. If Sunak gets in, then the party is finished for good, in my opinion.

One of my favourite political bloggers nails it for me today, the elephant in the room:

Whilst the candidates chunter on about how soon to cut taxes, and vie with each other to persuade the airless echo chamber of the decrepit party membership which of them is the most ‘Thatcherite’, and as Johnson sees out his last few weeks of malevolent indolence, the realities of Brexit are ignored as if they are too boring, or simply settled. The truth is that Brexit is just too big for either of the would-be leaders, or the ones who they defeated in the earlier rounds, to face up to. Too big for the Labour leadership, for that matter (on which, more is planned to come in next week’s post). We’ve become a country which is too scared of itself to talk about what it’s doing to itself.

But Brexit won’t go away. It may indeed be tedious, it may be too frightening to discuss, but it is very far from settled. Whoever becomes the next Prime Minister will be doing so just as, to quote Rafael Behr again, but this time from his recent Prospect essay, “the peak of the [Brexit] illusion has faded” and “the great illusionist [Johnson] has been unmasked”. Yet observing the leadership contest, Annette Dittert, in her New Statesman essay, concludes that “after having banged their heads into the brick wall of Brexit reality, the new Tory strategy seems to be to just keep on banging, only this time with a longer run-up”. And, indeed, that is exactly what the Brexit Ultras are currently demanding.

chrisgreybrexitblog.blogspot.com/2022/

The people behind Brexit always wanted it because it as an unworkable disaster it would bring the country to its knees. They wanted it because it would remove the checks and balances on our government and those that protect the ordinary person and allow the greedy, rich and powerful to sweep in and take what they want under the banner of saving us from economic ruin.

Brexit: More Britons now say UK was wrong to quit the EU

Sarah Olney, Liberal Democrat business spokeswoman and MP for Richmond, said: “The Government’s botched trade deals have drowned our businesses in red tape and increased costs for families.

“Ministers should be working flat out to get our economy moving again.”

Britain’s former Brexit negotiator Lord Frost has admitted quitting the EU may have hit the UK’s goods exports by five per cent but he believes that the country’s “performance is continuing to improve, and this figure may well change further as the figures normalise”.

He also doubts that quitting the EU will have any “measurable impact on our GDP one way or another”.

Patrick English, associate director of political and social research at YouGov, stressed that there had not been any dramatic shift in the country’s view on Brexit over the years.

He said: “Between YouGov’s first polling on this issue and the figures today, there has been only around a 6-point increase in the percentage of people who think Brexit was the ‘wrong’ decision, and a slightly larger, but still small, decrease in the percentage of people who think it was ‘right’.”

He added: “A large proportion of the widening in the wrong vs right gap can be attributed to generational replacement alone, with Brexit supporters far likely to be older and those who supported Remain much younger.

“The relative stability of attitudes reflects how deep the Brexit divide entrenched itself within British politics and public opinion, evolving to become much more of a political identity than a policy preference.”

The Treasury has been largely silent on the impact of Brexit and the Bank of England has been accused of being reluctant to talk about it to avoid upsetting the Government.

But a recent report by The Resolution Foundation, in collaboration with the London School of Economics, warned that Brexit will hit workers’ real wages by around 470-a-year, compared to what it would have been, and damage Britain’s competitiveness.

Another report, by the Centre for European Reform, estimated that the UK was being hit with a £31 billion blow to GDP from Brexit in the fourth quarter of 2021.

Meanwhile, the Government’s bid to effectively tear up parts of the Northern Ireland Protocol cleared its first Commons hurdle, with no Tory MPs voting against it despite warnings that the plans are illegal.

MPs voted 295 to 221, majority 74, to give the Northern Ireland Protocol Bill a Second Reading, which clears the way for it to undergo detailed scrutiny in the coming weeks.

Voting lists showed that dozens of Conservative MPs abstained, joining former Prime Minister Theresa May, who made clear she would not support the legislation as she warned it would “diminish” the UK’s global standing and delivered a withering assessment of its legality and impact.

www.standard.co.uk/news/politics/brexit-britons-uk-eu-wrong-leave-polls-analysis-b1008770.html

varian as a Remainer, was in the minority of family and friends..being a Europhile -
.worked in Europe 11yrs from the early 80s, their standard of living amazed me and the respect for police and other authority figures..I feel very sad at where this country is heading?

Has anyone else read that Truss wants Coffey to be Home Secretary?

Don’t be too complacent!

Rory Stewart
@RoryStewartUK

From the US to Pakistan former leaders are trying to defy political gravity - and whip up forces inside and outside their old parties - to force their way back into office. There is every chance Boris Johnson may think of trying to do the same…