Well Hung Parliament

[MrGecko]

What d'ya reckon?

 

[rathcoole_exile]

i'm thousand of miles away, so I don't really know what's going on, but I just can't figure out why Brown hasn't been strung up from a lamppost by now

 

[MrGecko]

fwiw:

* No hung parliament (Tory Maj)
* GBP / Gilts to rally post election
* Tory / Lib Dem coalition not so bad either, Vince Cable will kick ar$e
* GBP continue to weaken until election date

 

[shadowninja]

What d'ya reckon?

Nope. Most MPs are ri-dick-less.

 

[arabianights]

fwiw:

* No hung parliament (Tory Maj)
* GBP / Gilts to rally post election
* Tory / Lib Dem coalition not so bad either, Vince Cable will kick ar$e
* GBP continue to weaken until election date

Agree with first all but third point. Third point you're off your rocker, I'm afraid. Cable very much reminds me of the famous quote about Tony Benn - he immatures with age...

ToryLib coalition would be a disaster.

 

[maiden22]

All outcomes will be a disaster - it is just a question of scale, and how long we will feel the effects.

The best possible outcome would be a serious enough defeat to cause the Tories to implode. Yes, this will leave us with another 5 years of Zanulabour, but they will only be marginally worse than the current Tory mob.

I should say that the best way of bringing about this defeat would be to abstain, rather than voting for any of the others. They will claim a spurious mandate based on whatever pitiful share of the vote they get, as they always do, but hopefully this is getting less and less sustainable. It is after all nothing more than a very transparent lie.

With the Tories out of the way, there is at least a chance that a proper conservative party will form. Only a chance, but the alternative is almost guaranteed centre-left trough-gobblers for a generation. If the Tories collapse, there is the possibility that we may slowly be able to begin to undo the damage inflicted over the past few decades.

On the other hand, if the Tories scrape enough votes to revive their repulsive corpse of a party, this country is well and truly f*****.

 

[counter_violent]

For those not old enough to know better.

Labour always fks everything up. ( soft option so all the scumbags vote them in )
Tories come in to sort it all out. ( dish out whats needed but not what scumbags want )

and round we go again.

 

[maiden22]

For those not old enough to know better.

Labour always fks everything up. ( soft option so all the scumbags vote them in )
Tories come in to sort it all out. ( dish out whats needed but not what scumbags want )

and round we go again.

This is true - Labour governments always end this way, give or take.

The Tories, however, will not sort this out. They are entirely without principle - it was not so long ago that they were blathering about sharing the proceeds of growth and matching Labour's spending.

The disaster that was New Labour was obvious long before 1997. If anyone missed it, it should have become fairly clear very soon afterwards where Gordon Brown's statism would lead us - unfortunately the Tories are so thoroughly compromised that they entirely lack credibility. Not that it matters much - they are a centre-left big state bunch of clowns almost indistinguishable in all important respects from Labour.

By the way CV, from your comment you might enjoy the following - usually a good read:

http://burningourmoney.blogspot.com/

 

[episteme]

The only point I would make is that if there is a hung Parliament, then should it lead to a Government that is powerless - there would almost certainly be a second election later in the year.

 

[MrGecko]

Thats why Gordo will prolly stay leader of the labour party

 

[jm99]

if cable tanks (relative to other usd pairs) in the weeks going in to the election on "news" of fear of a hung parliment i will be trading it to the long side from election day. it will be a gift, aka buy the rumor sell the news......or flip it in cables case.

 

[Ambrose Ackroyd]

On the other hand, if the Tories scrape enough votes to revive their repulsive corpse of a party, this country is well and truly f*****.

Isn't this country already well and truly f**ked, having being completely and utterly shafted by the Labour Party for the past 13 years ?

On the bright side though, I reckon I am old enough and financially independent enough not to give a toss.

I really don't care what happens.

 

[maiden22]

Isn't this country already well and truly f**ked, having being completely and utterly shafted by the Labour Party for the past 13 years ?

Well, I'm an incorrigible optimist, can't you tell ?

It is true that there is not much worth saving - remarkable, given the British inheritance. In fairness to the scrotes, liars, pimps, *******s and whoresons who make up the Labour party, the Tories have played their part in the destruction. The Conservatives have conceded on every major point since the Second World War.

 

[arabianights]

I reckon we stopped be worthwhile as a country when we invented the concentration camp. Been more or less downhill since then.

 

[MrGecko]

Political ideology thataway -->>>
What are the trades?

Some things to bear in mind:

* opinion polls are at odds with the first passed the post system
* constituency manipulation has probably damaged Labours position
* Election will probably come down to a few marginal seats
* oft quoted 7% swing might not be necessary

and other musings:

* I expect turnout to be greater
* Labour bill of changing the voting system is a ploy to lure the LibDems into bed
* GBP depreciation will be less effective in GBP than other ccy's (in relative value terms)

I'm with jm99... sell the rumour, buy the news

On another note, look at the PSNB figures today - in particular the jan revisions - IIRC it was this, combined with the AIG/Pru deal, that really kicked off the move in Cable...

 

[MrGecko]

I reckon we stopped be worthwhile as a country when we invented the concentration camp. Been more or less downhill since then.

********. Every Cloud...

http://www.youtube.com/watch?v=VX4Ppm-cPZI&feature=related

 

[Atilla]

Clegg has my vote.


Reason why Labour is still in with a chance is because people remember the Tories and the new young tories are useless bunch of **** heads. Osborne is about useful as a tooth pick. Does he know how the economy works... Who promoted that twit and put him in that post? Cameron... Obviously a great leader who sorrounds himself with great thinkers.

Kenneth Clarke the true leader is elbowed cause he considers Europe to be a good thing. Torries are bitter vindictive bunch of wet fishes. They are all so ready to turn on each other - eager to give away tax cuts to the rich and cut back on public services. You can just imagine.

Thatcher scarred the country so badly the thought of another Tory government is what is keeping Brown and labour high on the polls. People can see the alternative is likely to mean out of pan and into the fire...

The pound is over rated anyhow. Who on earth expects it to rise with collosal budget and BoP defecits. Only one direction for it to go and that is down.

If the pound doesn't join the Euro soon it will be well below par in another 10 years.

We need a manufacturing base - and instead London Taxi's are going to be built in China too. Another smart move by the well informed elite. Whooppeeee...


Reasons to be cheerful part 3

 

[MrGecko]

Guys:

* I don't give a sh!t about which way you are going to vote
* or why

This thread is about:

*What effect the threat of a Hung Parliament has had on the GBP and Gilts
* How do these effects compare with other factors?
* Where do you consder the risks to be?
* And similarly, the opportunities?

For anything else, try Mumsnet

 

[maiden22]

Clegg has my vote.


Reason why Labour is still in with a chance is because people remember the Tories and the new young tories are useless bunch of **** heads. Osborne is about useful as a tooth pick. Does he know how the economy works... Who promoted that twit and put him in that post? Cameron... Obviously a great leader who sorrounds himself with great thinkers.

Kenneth Clarke the true leader is elbowed cause he considers Europe to be a good thing. Torries are bitter vindictive bunch of wet fishes. They are all so ready to turn on each other - eager to give away tax cuts to the rich and cut back on public services. You can just imagine.

Thatcher scarred the country so badly the thought of another Tory government is what is keeping Brown and labour high on the polls. People can see the alternative is likely to mean out of pan and into the fire...

The pound is over rated anyhow. Who on earth expects it to rise with collosal budget and BoP defecits. Only one direction for it to go and that is down.

If the pound doesn't join the Euro soon it will be well below par in another 10 years.

We need a manufacturing base - and instead London Taxi's are going to be built in China too. Another smart move by the well informed elite. Whooppeeee...


Reasons to be cheerful part 3

I agree with a lot of this, but have a few quibbles:

1. Osbourne is not as useful as a toothpick. A toothpick can be used for picking teeth, unlike Osbourne, who has no use.

2. Clarke is in favour of the EU - a very different thing to Europe.

3. The EU is even more buggered than the UK - why on earth would anyone want to join that sinking ship?

 

[dcraig1]

Guys:

* I don't give a sh!t about which way you are going to vote
* or why

This thread is about:

*What effect the threat of a Hung Parliament has had on the GBP and Gilts
* How do these effects compare with other factors?
* Where do you consder the risks to be?
* And similarly, the opportunities?

For anything else, try Mumsnet

Surely it depends on whether Labour and Lib Dems can form a coalition government. I'm not really following it, but regardless of who is saying what now, the tune may well change after the election. Markets may wait and see what transpires.