What is the point of labour ?

[doulikefish]

Swinson seems to be enjoying her moment in the sun over the vnoc.The Vnoc will take place after the groper has to ask for an extension from the eu [emoji6]

[Baxter Parp]

10 hours ago, pandarilla said:

Does the EU not have strict regulations on nationalised industries? This would severely limit a Corbyn led government.

No, it has regulations on competition and public investment.  Corbyn could nationalise anything he wants but he couldn't use public funds to, say, prop up a failing company more than once over a period of ten years.  The regulations aren't nearly as strict as they're made out to be. The government has nationalised banks recently and nobody blinked an eye, for instance.

 

10 hours ago, pandarilla said:

And not long before the brexit farce it looked like a trade deal was going to be signed between the EU and USA which would threaten the very nature of the NHS (open tendering of contracts).

What was being described was a speculative possibility based on a preparitory paper, not negotiations or anything concrete at all.  As a member of the EU we would be heavily involved in any deal with the USA, of course.

10 hours ago, pandarilla said:

It also put some crippling pressure on Greece, and thwarted any attempts at a socialist solution there.

The pressure was from the ECB, not the EU, as Greece is part of the Eurozone.  Greece's woes are almost all entirely of their own making as their taxation agencies are comically bad at collecting taxes.

 

10 hours ago, pandarilla said:

You seem to want to view the world through a good guy / bad guy lense when the truth is much more awkward and nuanced.

My view is based on what I know.

Edited September 30, 2019 by Baxter Parp

[Baxter Parp]

2 minutes ago, MixuFixit said:

It's not just a case of Greeks being spendthrifts.

Hmmm. "The crisis included revelations that previous data on government debt levels and deficits had been underreported by the Greek government" https://en.wikipedia.org/wiki/Greek_government-debt_crisis

"Almost entirely of their own making" seems fair to me.

 

[Baxter Parp]

7 minutes ago, MixuFixit said:

German and French banks had $120 billion exposure to Greece in 2010. There's a reason Lagarde ans Schauble went so hard at them.

http://ftalphaville.ft.com/2018/10/10/1539147600000/A-look-back--what-Eurozone--risk-sharing--actually-meant/

I'm not saying there were not irresponsible Greek politicians and companies but I can't see a 40, 50% cut to someone's existing pension as a fair resolution. The periphery was where core banks went for a ROI and it became a wild west, hence similar issues in Portugal, Italy, Spain, Ireland. Unlikely to be repeated now the core banks have radically reduced their exposure at least.

Well, that's behind a paywall.  Anyway, the link seems to point out that the issue is the Eurozone, not the EU.  I would also point out that nobody forced the Greeks to take out massive multi-billion loans while refusing to reform their tax system and improve the their tax take.  *shrug*

[pandarilla]

Hmmm. "The crisis included revelations that previous data on government debt levels and deficits had been underreported by the Greek government" https://en.wikipedia.org/wiki/Greek_government-debt_crisis
"Almost entirely of their own making" seems fair to me.
 

Are you not claiming to be left wing?

And yet those lazy thieving Greek b*****ds caused their own problems?

[Baxter Parp]

Are you not claiming to be left wing?  

And yet those lazy thieving Greek b*****ds caused their own problems?

At no point did I call the Greeks lazy or thieving or b*****ds and "almost entirely", yes.

 

 

[Pet Jeden]

2 hours ago, Baxter Parp said:

Well, that's behind a paywall.  Anyway, the link seems to point out that the issue is the Eurozone, not the EU.  I would also point out that nobody forced the Greeks to take out massive multi-billion loans while refusing to reform their tax system and improve the their tax take.  *shrug*

That's true. But do you give the same hard-nosed support to UK banks enforcing debt repayment by distressed, over-borrowed UK households?

[Pet Jeden]

3 hours ago, MixuFixit said:

German and French banks had $120 billion exposure to Greece in 2010. There's a reason Lagarde ans Schauble went so hard at them.

http://ftalphaville.ft.com/2018/10/10/1539147600000/A-look-back--what-Eurozone--risk-sharing--actually-meant/

I'm not saying there were not irresponsible Greek politicians and companies but I can't see a 40, 50% cut to someone's existing pension as a fair resolution. The periphery was where core banks went for a ROI and it became a wild west, hence similar issues in Portugal, Italy, Spain, Ireland. Unlikely to be repeated now the core banks have radically reduced their exposure at least.

I would say almost certain to be repeated - just a question of when. Set a reminder for 2050 and we'll see who was right.

[Baxter Parp]

That's true. But do you give the same hard-nosed support to UK banks enforcing debt repayment by distressed, over-borrowed UK households?

Only a fucking moron would equate a nation state with anybody's household.

[Pet Jeden]

7 hours ago, Baxter Parp said:

8 hours ago, Pet Jeden said:

That's true. But do you give the same hard-nosed support to UK banks enforcing debt repayment by distressed, over-borrowed UK households?

Only a fucking moron would equate a nation state with anybody's household.

Why? If I run up £3-4k debt p.a. in order to have an iphone contract, a couple of Costa coffees a day and a lease of an Opel Corsa, is that more or less worthy than a country running up a £3-4bn debt p.a. In order to pay its civil servants pensions, build transport infrastructure and support it’s health service?

[Benjamin_Nevis]

Only a fucking moron would equate a nation state with anybody's household.

Why? If I run up £3-4k debt p.a. in order to have an iphone contract, a couple of Costa coffees a day and a lease of an Opel Corsa, is that more or less worthy than a country running up a £3-4bn debt p.a. In order to pay its civil servants pensions, build transport infrastructure and support it’s health service?

[emoji23][emoji23][emoji23]

[sophia]

2 hours ago, Pet Jeden said:

Why? If I run up £3-4k debt p.a. in order to have an iphone contract, a couple of Costa coffees a day and a lease of an Opel Corsa, is that more or less worthy than a country running up a £3-4bn debt p.a. In order to pay its civil servants pensions, build transport infrastructure and support it’s health service?

red face for the gammon

[Detournement]

Saying that Greeks "deserve" the economic catastrophe they have suffered is no different than saying British people hounded to death by the DWP and other victims of austerity "deserve" it.

It is the argument of a moron. 

[pandarilla]

Ask Yanis about the problems of the Greek economy.

It's about rich and poor - and the EU is certainly not always on the side of the poor.

[strichener]

18 hours ago, Baxter Parp said:

No, it has regulations on competition and public investment.  Corbyn could nationalise anything he wants but he couldn't use public funds to, say, prop up a failing company more than once over a period of ten years.  The regulations aren't nearly as strict as they're made out to be. The government has nationalised banks recently and nobody blinked an eye, for instance.

The Danish complained about it and the EU more than blinked an eye.

[Baxter Parp]

The Danish complained about it and the EU more than blinked an eye.

Why post this if you don't have a link explaining what the f**k you're talking about?

[strichener]

36 minutes ago, Baxter Parp said:

1 hour ago, strichener said:

The Danish complained about it and the EU more than blinked an eye.

Why post this if you don't have a link explaining what the f**k you're talking about?

You are usually so good at googling, find out for yourself.  It would probably be wiser for you to do this before posting absolute rubbish about how easy it is for EU countries to nationalise.

[Baxter Parp]

You are usually so good at googling, find out for yourself.  It would probably be wiser for you to do this before posting absolute rubbish about how easy it is for EU countries to nationalise.

Make a claim, can't back it up, get shirty when called out. Strichner talks shite again.

[ICTJohnboy]

Johnson won't be available for PMQs tomorrow, Dominic Raab will be taking his place. Fair enough BUT - Diane Abbot will be taking Corbyn's place. Should really have been Emily Thornberry but she's out of favour with JC because she wants another referendum.!

You couldn't make this shit up. Corbyn's Labour Party are a complete rabble. If we do leave the EU without a deal I would blame them just as much as I would the fucking Tories.

[Benjamin_Nevis]

Johnson won't be available for PMQs tomorrow, Dominic Raab will be taking his place. Fair enough BUT - Diane Abbot will be taking Corbyn's place. Should really have been Emily Thornberry but she's out of favour with JC because she wants another referendum.!
You couldn't make this shit up. Corbyn's Labour Party are a complete rabble. If we do leave the EU without a deal I would blame them just as much as I would the fucking Tories.

As someone posted while back, Labour would cross the street to stand in dogshite. An utterly hopeless fucking rabble, north and south of the border.