Old Labour DOOM

[AtW]

May is 'hanging on by a thread', financial exchange operator warns, as FTSE 100 firms plan for Corbyn government

Theresa May is "hanging on by a thread" and businesses should prepare for a government led by Jeremy Corbyn, the world's largest financial exchange operator has warned.

A paper issued by CME Group entitled "What to Expect from a Prime Minister Corbyn" was sent to investors and business leaders last month, and included a prediction that a Labour government would lead to a possible "nightmare scenario for the pound".

It is one of a series of cases of major organisations preparing for Mr Corbyn coming to power in the weeks Mrs May's minority government has been rocked by a series of damaging rows and Cabinet resignations, as well as growing uncertainty over negotiations with Brussels over Britain's departure from the European Union.

May is 'hanging on by a thread', financial exchange operator warns, as FTSE 100 firms plan for Corbyn government 

[malvolio]

Love this idea of Corbyn as PM. FFS he is not the one in charge of Labour, that's McDonnell and Team McCluskey, who have got Corbyn up front as an ineffectual granddad who for some reason appeals to people who vote based on what the telly says and does what he's told.

The finance houses don't give a stuff about Corbyn, they are preparing for a McDonnell Chancellorship, well aware that his policies would screw the UK for the next 30 years - again...

May isn't good, by any means, but her ragtag mob are infinitely preferable to having an unelected shadow government in power.

[darmstadt]

Love this idea of Corbyn as PM. FFS he is not the one in charge of Labour, that's McDonnell and Team McCluskey, who have got Corbyn up front as an ineffectual granddad who for some reason appeals to people who vote based on what the telly says and does what he's told.

The finance houses don't give a stuff about Corbyn, they are preparing for a McDonnell Chancellorship, well aware that his policies would screw the UK for the next 30 years - again...

May isn't good, by any means, but her ragtag mob are infinitely preferable to having an unelected shadow government in power.

McDonnell is the elected MP for Hayes and Harlington, McCluskey is an elected union official whereas Nick Timothy and Fiona Hill who were May's closest advisers and responsible for much of the mess, were not elected at all. In fact much of the current Tory government is "advised" by business (and seems to be either financial or media related) and unelected bureaucrats: Oliver Robbins for example

[malvolio]

McDonnell is the elected MP for Hayes and Harlington, McCluskey is an elected union official whereas Nick Timothy and Fiona Hill who were May's closest advisers and responsible for much of the mess, were not elected at all. In fact much of the current Tory government is "advised" by business (and seems to be either financial or media related) and unelected bureaucrats: Oliver Robbins for example

And your point is? That people elect their representatives without having the faintest idea what they stand for other than some mickey-mouse soundbite? Or that all Labour's advice comes from elected representatives? Or that people outside the Westminster bubble are not the best placed to advise in matters like economics, social policy and industry in general and we should rely on amateurs?

Sorry. Must try harder...


BTW - before claiming McCluskey is an elected leader, take a closer look at Unite's election processes, levels of representation and policy...

[darmstadt]

And your point is? That people elect their representatives without having the faintest idea what they stand for other than some mickey-mouse soundbite? Or that all Labour's advice comes from elected representatives? Or that people outside the Westminster bubble are not the best placed to advise in matters like economics, social policy and industry in general and we should rely on amateurs?

Sorry. Must try harder...


BTW - before claiming McCluskey is an elected leader, take a closer look at Unite's election processes, levels of representation and policy...

So what's the point in having elected representatives then? Might as well make each country a corporation :-)

As for Mickey Mouse soundbites, quite true, we only need to look at a recent referendum for that :-)

[DimPrawn]

Korbyn is coming!

[SueEllen]

So what's the point in having elected representatives then? Might as well make each country a corporation :-)

As for Mickey Mouse soundbites, quite true, we only need to look at a recent referendum for that :-)

Every form of electoral system has issues of unfairness.

[malvolio]

Every form of electoral system has issues of unfairness.

True. But we have universal suffrage, largely based on what people believe they are voting for. It's just a little frustrating when what they believe is so clearly wrong because it's based on popularity rather than desirability or heavily biased media like the BBC, the Grauniad and both opposing incarnations of the Wail. But t's still a better option than anything else, all we can hope to do is point out the dangers and hope someone takes notice.

[AtW]

Idiots who voted for Brexit are the ones who made it inevitable for Korbyn to run the country into the ground, well done

[malvolio]

Idiots who voted for Brexit are the ones who made it inevitable for Korbyn to run the country into the ground, well done

Well there you have the problem. Corbyn is/isn't/is/who-the-f**k-knows in favour of leaving Europe. Blaming his apparent ascendancy on Brexit is both pathetic and inaccurate.

Also, more to the point, we will only get a Corbyn government before another four years or so if the current one loses a vote of confidence. No doubt a fair number of our elected representatives are working to make that happen and to hell with the damage it will do.