Chomper Higgot

‘Appeal to the middle class group’. That’s the people who are about to get hammered with mortgage interest payments, on top of 10% (and climbing) inflation.

The madness of borrowing money to fund tax cuts for the wealthy is biting back again. The Bank of England has announced it shall now intervene to try and stabilize Sterling by buying long term UK Government bonds. So the unfunded tax cuts for the wealthy are to be paid for by driving up national debt, and the BoE is now spending foreign currency reserves to try and stabilize Sterling. Something has to go: The PM? The Chancellor of the Exchequer? The Chairman of the Bank of England? The UK Credit Rating? Sterling? One or more or all of the above? How long do you want to give it.

Because Labour’s opposition is not the subject of the thread might be a clue.

It’s not an unreasonable question, though my punt is Kwarteng goes first.

Right now the calculation being made is how long this game of chance will last. Economics 101, interest rates go up, people with mortgages suffer. Tory Party conference in two weeks followed by Parliament re sitting. How long do you want to give it?

Getting back to topic. The interest rate hike coupled with the unfunded tax give away to the already wealthy isn’t going too well is it.

The NASA report I read suggests it will be about two weeks before they have gathered enough data to answer that question.

Kwarteng’s unfunded tax give away to the already wealthy is biting back. Truss needs to make some tough decisions, and she’s not got long to make them. Her back bench are getting noisy, letters of no confidence are reportedly being submitted to the 1922 committee. The Tory Party conference is two weeks away and right after that she’ll be back at the dispatch box facing PM’s questions. Does she ‘tough it out’ or does she U-turn? Perhaps time to turn on Kwarteng, or even on the BoE. But she needs to decide quickly, mortgage repayment hikes are already going out in the post.

I knew it would be Labour’s fault. How Labour managed to twist the arm of a Government with an 80 seat majority is a mystery only you can explain.

And so did you. You’ve knocked out over twenty ‘reactions’ to my posts this morning. I might be inclined to thank you for your dedicated attentions, other than the fact an impartial observer might reasonably regard such singular focus as bordering on creepy stalking.

So it turned out he wasn’t the Apex Predator he believed himself to be.

You are confused, identifying Enoch Powell as ‘a racist, admired by racists’ is a statement of fact. It is not a ‘racist’ statement. ….. To my earlier observation that it is surprising how many rightwing nationalists have gaping holes in their knowledge of their own national history, I now feel I should add ‘and their own language’.

He was armed with a handgun when he attacked the Capitol in an attempt to prevent the certification of the election result. Away with you and your ‘Dictatorship’ nonsense. He’s lucky he wasn’t shot dead on the day, like he deserved to be.

Wonderful news. 2022 keeps delivering Justice. More please.

I don’t agree with your myopic views on the Pandemic response and your revisionism that comes with it.

The UK economy is suffering from: Inflation, already out of control before Russia invaded Ukraine. Low productivity, a decades long problem. Low growth, heading into recession, twelve years of mismanagement. Mass poverty, after decades of decline in living standards of ordinary people millions have got to the point where they can’t afford to eat regularly meals. Restricted market access - oops. These are all problems that have been built up over years and decades. Over forty years of neoliberalism and the failed dogma of ‘trickle down economics’ has stripped wealth from the working and middle classes while handing it to the hyper wealthy. Public services stripped out and privatized, the NHS in crisis, the Government promising ‘two weeks to see a Doctor’ (it was 2 days under the last Labour Government). And what is this idiot PM promising? More of the neoliberal ‘trickle down economics’ that have driven millions into poverty.

More revisionism.

Make two lists. 1. All the things that we use daily that didn’t even exist 50 years ago. 2. All the countries Britain no longer gets to plunder.

Give it up already, you had enough chances in the COVID threads. The lockdowns did what they were designed to do, protected health services against collapse while saving lives. Let’s get back on topic.

The Government has a couple of more pressing hurdles to deal with. Very many Tory MPs are not supportive of unfounded tax cuts for the already wealthy, Labour certainly aren’t. The PM does not have strong support across her own MP’s and has gone out of her way to antagonize those that did not support her candidacy. So the first hurdle is will Tory MP’s support a Labour challenge to items in the finance bill? The second hurdle is, the PM is enacting policies which were not in the Tory manifesto at the last election, this opens the door for legitimate challenges in the Lords. It is also reported that Tory MPs have already submitted ‘no confidence’ letters to the 1922 committee. Truss is as big a mess as predicted. Pandering to the ERG and gift to the opposition.

Now let’s get really nerdy. The spacecraft imparted all of its kinetic energy into the asteroid in the time it took the spacecraft to ‘flatten’ as it hit the surface. A velocity of 24,000 km per hour is 6,667 meters per second. And if we assume the spacecraft was 3 meters long then at the moment of collision it imparted all of its energy to the asteroid in (1/6,667) * 3 = 450 micro seconds. Which is the amount of time it takes sound to travel just over half a meter at sea level. Put another way. if you were swimming in one of those 16 Olympic size pools with your favorite Aseannow protagonist and he was more than half a meter away (or I was wisely standing on the pool side) when he shouted ‘get out of the water’, you’d be boiled alive before you heard his warning.

We shouldn’t dismiss the desperate situation (all of his own making) Putin is in. As a Russian citizen, Snowden is presumably eligible for conscription. Putin needs all the dead bodies he can find for his illegal war against Ukraine.

There are two people currently being sought by the US DOJ who claim to be ‘whistle blowers’. In alphabetical order Assange and Snowden. I very much hope to see Assange tried, convicted and locked away for decades. I believe Snowden is a genuine whistle blower acting out of good conscious and should be free from prosecution .…… The question needs to be asked, why when he has so much else on his plate is Putin making this particular announcement now. Perhaps he feels he needs to pass a message to someone.

For the nerds amongst us. The space craft weighed 570kg and immediately before impact was traveling at a velocity of 24,000km/hr. KE=(mass x velocity^2)/2 It therefore had a kinetic energy of 12,700 MJ. To put this in perspective. An Olympic swimming pool contains 2500 cubic meters of water at a standard 25DegC. 12,700 MJ is enough to raise the temperature in 16 Olympic sized swimming pools from 25C to boiling point.

UK inflation was already out of control well before Russia invaded Ukraine.