I think people are being hard on Liz and Kwasi when none of this is their fault…
Here is the story so far as I see it…
Liz Truss is voted in as PM because she has a dream of how to get the economy back on its feet, and the majority of party members agree with her manifesto.
She surrounds herself with people who not only agree with her solution, but probably have had a hand in its conception, not least of which is Kwasi Kwarteng.
They announce the mini budget which is slated by the opposition (no surprise there then because its their job) and the media, who consider it very risky.
The national debt stands at £2,427.5 billion in 2022 which means we have borrowed money from somebody…
As everyone who has paid a mortgage knows, the lender holds the title deeds and owns your property until that debt has been settled.
So the people who we owe the money to are worried, they summon Kwasi to New York and say “What are you playing at lad? We don’t like your plan, so if you want to borrow anymore brass you had better change the plan PDQ”
Kwasi rushes home on the next flight is given his P45…
Liz, with her dream turning into a nightmare is soon to follow…
While ever this country is in so much debt it doesn’t matter who runs the country, it will always be the money lenders who have the last word.
I mentioned in another topic that I would run naked along the hard shoulder of the M25 if someone else is not pulling the governmental strings…I think the motorists on the M25 can heave a sigh of relief and my modesty intact.
Wouldn’t it just be better to declare bankruptcy and go into receivership, and we would at least know who actually runs this country.
As I see it, Rishi Sunak warned Liz Truss many times during the last leadership campaign what would happen if she implemented the fiscal policies she was promising - the Tory members who voted for her heard all those warnings. They voted for her anyway.
Truss and Kwarteng must have been aware they were taking huge risks with our fiscal position - they took no advice or consultation, even from the OBR, and carried on with reckless disregard of wiser voices of caution.
I always thought it would all come crashing down around them and it did.
I mostly blame Truss for what happened because she chose that course of action and she chose her Chancellor and her Cabinet. I also blame Kwarteng and all those MPs who switched their vote to Truss and all those party members who voted for her.
I know. I went out a couple of days ago and tried buying several new cars, some plasma tv’s, a complete new wardrobe of clothes, and new furnishings and fittings for my house. Everything was going according to (my) plan, until they asked how I intended to pay for all of this. For reasons which totally elude me, they weren’t too happy when I told them that I had absolutely no idea and also that I hadn’t bothered to cobble together a list of my income v current expenditure. I did try to say that I’d be happy to give their bosses a bundle on the side, but they still weren’t going for it.
Sir Keir Starmer has called on Liz Truss not to claim an allowance of up to £115,000 a year that she would be entitled to after resigning as PM.
Sir Keir, speaking to the BBC, said: “She shouldn’t take that entitlement. After 44 days she has not earned the right to that entitlement, she should turn it down.”
Liberal Democrat leader, Ed Davey, told LBC radio “Most people have to work at least 35 years to get a full state pension. I think working 45 days shouldn’t give you a pension that is many many times what ordinary people out there get after a lifetime of work”
Indeed …
Any future claims should be closely scrutinised and her “public duties” verified …
I’ve got another scenario as to what has just transpired, it goes as follows,
We were allready in debt before Truss and kwasi had their dream !
They have not borrowed anything yet,
the borrowing was done under Sunacs
chancellorship and Boris’s premiership !
Sunac needed to get off the hook over his mismanagement of the countries
finances, his cronies in the tory party arranged an elaborate campaign that
resulted in Truss and kwasi being appointed to oversee a preconceived radical
economic plan to transform UK finances knowing this plan would cause
mayhem and take Sunac out of the spotlight and even inton the PM’s job ??
We Still have not borrowed any more than had been previousl borrowed by
Sunac et al !!
I’ve got no sympathy with them whatsoever. Class traitors who allowed themselves to be duped by Johnson’s spiel, they got what they deserved and what anyone with half a brain cell could have predicted from the start. Leopards don’t change their spots and neither do Tories
And they are to blame for landing us with a corrupt liar for a PM, coming from a corrupt, lying political party, whose ousting landed us with the present debacle because the Tories don’t have a single principle to share between them
It’s an absolute disgrace then, that the opposition parties were unable to out-argue the case, and could not provide a credible alternative at the time.
No, it’s no good trying to shift the blame like that.
If people do something wicked, corrupt or stupid, it entirely their own responsibility and it’s only muddying the water to try to put some of that responsibility onto others because they didn’t stop them
The buck stops with those that did the deed and the shame that has been brought to our country is entirely down to Boris Johnson, the Brexiters, and those that voted for them
Really? These voters were clearly malleable. It was up to the professionals to persuade them to vote one way rather than the other. To blame the success of one group is simultaneously to blame the failure of the other.
Without looking at the figures, there will presumably have been a significant number who weren’t persuaded to make the effort to vote at all, but who may well have been sufficient to have overridden matters. Are you equally as derisive of them?
I’ll not bore you with the standard Niemöller poem that counter-argues your first paragraph.
As for choices…exactly!! Lots of people chose not to vote. Lots of people chose not to make a more persuasive argument. Some blame has to be apportioned to them, and it’s not solely down to the duped.
No I don’t agree. The duped can only blame themselves and those that duped them, not those that didn’t stop them being duped, or those that tried but failed to get them to open there eyes and see the truth
Ultimately we are. We can only formulate opinions and glean knowledge from that information which is made available to us, and which we can comprehend and which makes sense and which maybe we can relate to.
You know where I’m going with this argument…
However, we are not likely to shift each other’s stance, so I’m happy to let it rest there (unless you really are desperate to find different sentences to state pretty much the same position ?).
Sorry if you’ve seen this elsewhere Muddy, but
for the pension rights (or whatever the allowance is called), AFAIK one only has to be in post for 1 day as PM to be awarded it. She’ll also be able to write an honours list for whoever she wants.
As an aside, it’s a strange thought to think that those piccies of QE2 shaking hands with BJ and then ET could potentially simply be printed in reverse order, had the queen not died.
@Maree Even the idiots that took us into the EU in the first place ?
That’s where all the blame lies !!
If we hadn’t been in, then we wouldn’t have had all the EU tantrums now by the
likes of you !!
Mad Mary is her name
Brexit bashing is her game
She refuses to see the wood for the trees
Our Mary is impossible to please
).