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Bullet 4:34 Sat Feb 20
EU Referendum 23rd June 2016 declares Cameron
BBC
Britain will vote on whether to remain in the EU on Thursday 23 June, Prime Minister David Cameron has said.
The prime minister made his historic announcement in Downing Street after briefing the cabinet.
He said he would be campaigning to remain in a reformed EU - and described the vote as one of the biggest decisions "in our lifetimes".
Ministers immediately divide

Replies - Newest Posts First (Show In Chronological Order)

Iron2010 5:53 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron

Darby_ 4:48 Fri Nov 22

I feel like it's 2010 all over again!

Block 5:03 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Darby_ 4:48 Fri Nov 22

Darby, you come across as quite a well educated chap, but to suggest that Labour didn't have anything to do with the recession in the UK is fucking idiocy of the highest order.

Want me to repeat the oversight on Labours part which contributed to the Recession?

SurfaceAgentX2Zero 5:00 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
zebthecat 3:47 Fri Nov 22

'It wasn't just Labour though was it.'

Yes it was. For two reasons. Firstly it was a failure of supervision, not a failure of regulation.

Secondly, and unless I'm mistaken, the Conservatives weren't actually in power at the time. Less regulation with competent supervision was a perfectly sensible policy.

SurfaceAgentX2Zero 4:54 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Darby

What's GDP got to do with it?

Darby_ 4:48 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
It’s pretty silly to suggest that the biggest worldwide recession since the Great Depression was Labour’s fault.

Out of curiosity, which developed countries didn’t go into recession at the same time as the UK?

Side of Ham 4:24 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Ag @ mashed.......

Block 4:22 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Jealousy is a horrible trait.

stewie griffin 4:20 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
I hate you

Block 4:06 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
At the time, when I were selling houses to pretty much 85% eastern european buyers who were all able to do self cert mortgages.

Who allowed them in? Labour.

Nope, the tories fault.

mashed in maryland 4:03 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
"BuT tHaT wAsN't ReAl LaBoUr!!!11"

Block 4:01 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Fucking hell, Zeb.

Which Government were at the helm when this 100%+ mortgages were available? Labour.

Who allowed these banks to do this sort of borrowing? The FSA who are Governed by..LABOUR.

But yep, It's the Tories faults.

orwells tragedy 4:00 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Mervyn King was aware of it as well but the Bank did nothing.

New Jersey 4:00 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Virgin Money bought Northern Rock for £747m from the government with the TAXPAYER shouldering a loss of £400m, this was authorised by George Osbourne. Subsequently Virgin Money was sold to CYBG for £1.6 billion.

I can't find the actual amount the bearded hippy personally made out of this but it would have been in the millions. His Virgin Railways have paid out £306m in dividends, again which he would receive a substantial part.

You can see why some of the things Corbyn says, does resonate with the public! You can buy a lot of care homes for the amounts Branson has fleeced out of the government! Frankly, it's fucking scandalous!

zebthecat 3:47 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Block 3:39 Fri Nov 22

It wasn't just Labour though was it.
The conservatives at the time were pushing for even lighter regulation - The Irish model as it was known.

SurfaceAgentX2Zero 3:45 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
zebthecat 3:33 Fri Nov 22

So that's Northern Rock, Bradford and Bingley, Halifax, Alliance and Leicester, Cheltenham and Gloucester and a small host of other building societies that got merged/bought up/bailed out.

And under whose administration was RBS allowed to buy ABN/Amro for an insanely inflated price? Which idiot brokered the Lloyds/HBOS debacle?

zebthecat 3:45 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
I can't recall ever saying that 100% mortages were a good idea. Personally I don't think that they are but it wasn't these, in themselves, that brought the likes of Northern Rock down it was their reckless expansion based on that false assumption that the banks could contunue to borrow to service their debts. Once the crash happened they no longer could and BOOM.

Weirdly the so-called Northern Rock bad bank that was taken into state control has returned a very tidy profit to the Exchequer.

orwells tragedy 3:44 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
zebthecat 3:33 Fri Nov 22

"Yes, banking is a global industry and they suddenly all stopped lending to each other....."

It wasn't really sudden, it was over the course of about a year.

Block 3:39 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Last time I checked UK banks were Governed by the FSA it was known as then by UK Governments, which at the time was labour.

Still, lets blame the yanks for that and the russians for anything else that doesn't suit the lefties agendas.

Fo the Communist 3:38 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
Block 3:12 Fri Nov 22

Afternoon Block.

Trust me there is more antipathy towards Tony Blair in the modern Labour Party than anywhere else (perhaps with the exception of this site.)
.

zebthecat 3:37 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
*Alan Greenspan*

Block 3:37 Fri Nov 22
Re: EU Referendum 23rd June 2016 declares Cameron
So it's Americas fault that THE UNITED KINGDOM allowed it's banks to provide over 100% mortgages?

Good grief, you literally cannot have a bad word said against Labour, Can you?

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