[Politics] Liz Truss **RESIGNS 20/10/2022**

[Paulie Gualtieri]

I can get behind opening the idea for a different approach, however what I fail to understand is how they didn’t have the foresight that there would be issues with confidence without the validation and costings?

Can someone please explain / justify this significant oversight? Is there more to this than general incompetence?

 

[Tom Bombadil]

How on earth did the conservative party think liz Truss was Pm material.

 

[Papa Lazarou]

How on earth did the conservative party think liz Truss was Pm material.

The Daily Mail told them she was.

 

[Wozza]

Ha ha. This could easily be someone (well, one of two) people from this thread....

https://twitter.com/Exploding_Heads/status/1575433498227269633?s=20&t=FKuDSpD7OX-_aWfns3j-nQ

[tweet]1575433498227269633[/tweet]

 

[KZNSeagull]

The BoE has chucked £65 at the problem caused by this government. That is now a debt.

Is it a debt? They have created that money, not borrowed it from somewhere else. Presumably, once things settle down and over time, they will sell those gilts back into the market and take the money back out of the money supply?

 

[Thunder Bolt]

[tweet]1575358210709520385[/tweet]

I'm sure everything is going to work out great when the Economist is putting out such supportive front covers..

The photo missed out the creek full of sewage and Kwasi hasn't got a paddle.

 

[mikeyjh]

Is it a debt? They have created that money, not borrowed it from somewhere else. Presumably, once things settle down and over time, they will sell those gilts back into the market and take the money back out of the money supply?

Debt from the Govt (ie. us) to the BoE.....

 

[Fignon's Ponytail]

Listening on Radio Sussex this morning, I thought I heard them call her M(i)s Truss(t)
Seemed rather appropriate, as I dont trust her at all...

 

[KZNSeagull]

Debt from the Govt (ie. us) to the BoE.....

Instead of a pension fund or another investor. The government debt was already there in the market, what wasn't there was the £65bn which the BoE created overnight which presumably will disappear again over time.

 

[Swansman]

Is it a debt? They have created that money, not borrowed it from somewhere else. Presumably, once things settle down and over time, they will sell those gilts back into the market and take the money back out of the money supply?

Or if things settle down at any point for the rest of our lives...

I've got three new UK based clients this week. They all want the same thing: SEO articles on how AI and automation services can reduce costs for companies.

While decreasing costs is always desireable, it now becomes a necessity. When people have to spend all their money on mortgages and energy, there's less money available for anyone who runs a company not in those sectors. Less income means more cost cutting and there's about five million jobs in the UK that could be replaced by cheap AI solutions today, and God knows how many tomorrow. It was always going to happen at some point - and that point is now. Those jobs are not coming back. And with that its very hard to see things "settling" for a long, long while.

 

[mikeyjh]

Going back to Liz's media rounds, BBC Bristol clearly had enough of her nonsense

[tweet]1575393556067393538[/tweet]

She is being embarrassed and shown up by young, inexperienced, local radio reporters. Truss is, as all and sundry predicted completely and utterly out of her depth. This effing country right now.....

 

[Wozza]

Thanks to the Beeb, the entire round of local interviews in a single, hour-long clip...

https://www.bbc.co.uk/sounds/play/p0d3flmh


"Liz Truss has finally broken her long painful silence with a series of short painful silences." - Angela Rayner

 

[studio150]

do we really need exotic fruits from Africa?

Yes, because we can't get all our avocados from central and south America and no one really wants smashed marrow or runner-beans on toast.

 

[PILTDOWN MAN]

Yes, because we can't get all our avocados from central and south America and no one really wants smashed marrow or runner-beans on toast.

Marmite?

Made in Burton

 

[Uh_huh_him]

She is being embarrassed and shown up by young, inexperienced, local radio reporters. Truss is, as all and sundry predicted completely and utterly out of her depth. This effing country right now.....

She is so obviously out of her depth, I can see a situation, where she is unable to carry on, due to health concerns.
The fact she has disappeared for 4 days and then comes out seemingly completely unprepared for entry level questions, must be alarming for her aides and supporters.

 

[studio150]

Marmite?

Made in Burton

I hate Marmite, it should be banished

 

[rogersix]

Who is to say that the old economic thinking still works?

no one has ever plausibly argued that trickle down econonics works, have they?

the new thing to try is socialism

 

[rogersix]

She has been put in place by the ERG and TPA who are both groups within the Conservative party, basically as a puppet or mouthpiece. She has a set script with answers and if any question goes off script, she can't cope.

I disliked Johnson intently but he did have the gift of the gab, albeit a childish one straying onto Pepper Pig or making buses out of cardboard boxes!

forgive my ignorance tb, TPA?

 

[usernamed]

forgive my ignorance tb, TPA?

Tax Payers Alliance

 

[rogersix]

Learn from history. A war in Europe, global pandemic, and maybe, not so much a fuel crisis, but certainly an unemployment crisis 1915-1925

leading to the general strike in 26!