Re: The Labour party leadership thread : Fri Aug 07, 2015 9:38 am  

cod'ead wrote:

A market so "free" that it continually demands taxpayers to support it

A free market would work just fine without the leviathan that is the financial sector essentially, pulling the strings, and holding people hostage, and business hostage through debt slavery. However, the system is perfect, in the sense that it's working exactly as intended.

Re: The Labour party leadership thread : Fri Aug 07, 2015 5:04 pm  

Sal Paradise wrote:

Where does this "tax payers" money come from in the first place?

The Bank of England. Which is owned and run on behalf of the British people.

Re: The Labour party leadership thread : Fri Aug 07, 2015 6:33 pm  

cod'ead wrote:

Look barmpot, it's a bit like me saying "I'll go for Hull KR" before Sunday's game. As I lifelong Hull FC supporter, would you also assume I'd suddenly switched allegience?

So just to be clear you no longer think she is 'intelligent and an excellent orator' either?

You turn if you want to!

Re: The Labour party leadership thread : Fri Aug 07, 2015 9:08 pm  

Ajw71 wrote:

So just to be clear you no longer think she is 'intelligent and an excellent orator' either?

You turn if you want to!

Quite the opposite. She is intelligent and an excellent orator. It's just her neo-liberal agenda and general politics that are shite

Re: The Labour party leadership thread : Fri Aug 07, 2015 9:11 pm  

Sal Paradise wrote:

Where does this "tax payers" money come from in the first place?

The tax payer, there's a clue in the name

Re: The Labour party leadership thread : Fri Aug 07, 2015 11:22 pm  

Him wrote:

The Bank of England. Which is owned and run on behalf of the British people.

Apparently.

Re: The Labour party leadership thread : Sat Aug 08, 2015 1:15 am  

Charlie Sheen wrote:

Apparently.

I deliberately left off the term "for" the British people

To be fair it does help a few of them.

Re: The Labour party leadership thread : Sun Aug 09, 2015 5:09 am  

cod'ead wrote:

The tax payer, there's a clue in the name

Where does the tax payers money originate? The government doesn't generate money it only has two ways of generating income: Taxing the free market or borrowing from it via government bonds. Quantitive easing isn't really monetary generation.

So I ask again where does the money come from?

Re: The Labour party leadership thread : Sun Aug 09, 2015 7:19 am  

Sal Paradise wrote:

Where does the tax payers money originate? The government doesn't generate money it only has two ways of generating income: Taxing the free market or borrowing from it via government bonds. Quantitive easing isn't really monetary generation.

So I ask again where does the money come from?

It's a concept. Money isn't real. There is a much or a little as governments etc want there to be.
My offer still stands regarding "money"

Re: The Labour party leadership thread : Sun Aug 09, 2015 7:14 pm  

Sal Paradise wrote:

Where does the tax payers money originate? The government doesn't generate money it only has two ways of generating income: Taxing the free market or borrowing from it via government bonds. Quantitive easing isn't really monetary generation.

So I ask again where does the money come from?

How much money has the government received from the banks since 2008, compared to how they threw at the banks to bail them out?

The way governments usually get out of debt is through inflation. Something that is hardly likely to ever happen, all the time the incumbent incompetents insist on continuing their ideologically-driven austerity programme.

If the money that was printed for the benefits of the banks and the already rich, instead been directed into capital projects, such as council house-building, or other infrastructure improvements, many more people would be better off today