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politicalbetting.com » Blog Archive » Hopi Sen is right: The 2010 LDs now saying don’t know could

SystemSystem Posts: 11,698
edited November 2013 in General

politicalbetting.com » Blog Archive » Hopi Sen is right: The 2010 LDs now saying don’t know could be crucial and need to be looked at

We’ve talked a lot on PB about the 2010 LDs who’ve switched to LAB but that is not the whole picture as ex-Labour staffer blogger Hopi Sen notes. In an interesting post he highlights a significant group of voters who hardly get any attention to – the 2010 LDs who now say don’t know. He writes:-

Read the full story here


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  • Options
    FinancierFinancier Posts: 3,916
    edited November 2013
    In the ST YouGov, 21% of 2010 LDs say Do Not Know for VI
  • Options
    FinancierFinancier Posts: 3,916
    Price of oil has dropped by more than $2 overnight after creeping up for the last two weeks. Iran effect?
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    Financier said:

    Price of oil has dropped by more than $2 overnight after creeping up for the last two weeks. Iran effect?

    Yay Catherine Ashton! Five More Years! Five More Years!
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    On topic, I guess a lot of them will go LibDem again, but given the tendency of people who end up voting for government parties to go "Don't know / Won't say" in mid-term you'd expect Con to get more of the ones who end up defecting than Lab.
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    given the tendency of people who end up voting for government parties to go "Don't know / Won't say" in mid-term you'd expect Con to get more of the ones who end up defecting than Lab.

    Is there a tendency for that ? Has it been quantified ?

  • Options
    edmundintokyoedmundintokyo Posts: 17,151
    edited November 2013
    Fat_Steve said:

    given the tendency of people who end up voting for government parties to go "Don't know / Won't say" in mid-term you'd expect Con to get more of the ones who end up defecting than Lab.

    Is there a tendency for that ? Has it been quantified ?

    It's pretty much the whole point of ICM's Spiral of Silence adjustment, where they take half the don't-knows and give them back to the party they voted for last time. In theory I guess it applies to opposition parties too, but I'm pretty sure (hopefully someone can confirm or refute) that in practice it ends up mostly affecting the share of the governing party.

    The idea that people who are in the process of switching from one coalition party to another would identify as Don't-Know in the meantime is my bit of additional speculation on top of that, but I think it makes sense: If I'm right that supporters of governing parties X and Y are more likely to go Don't-Know in mid-term than supporters of opposition party Z, that presumably applies to people who will end up voting for Y even if they originally voted for X.
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    edmundintokyoedmundintokyo Posts: 17,151
    edited November 2013
    OT:
    Matt Yglesias ‏@mattyglesias
    Given his enormous achievements as Secretary of State, John Kerry has to be considered a leading contender for the 2016 nomination.
    Tongue-in-cheek obviously, but I'd love to see the Kerry campaign's Benghazi attack ads.
  • Options
    MillsyMillsy Posts: 900
    2015 might be different on this as with many other aspects of polling, but the current "don't knows" are probably even more likely to stick with the Lib Dems at the election than those currently blowing a rasberry at the party and saying they will vote Labour.
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    DavidLDavidL Posts: 51,360
    Surely the biggest likely beneficiary of this group is the Lib Dems themselves and it will reduce their deficit in the polls as the disenchanted come home.

    My guess is that the Lib Dems will score high teens at the next election, down a significant chunk but not the complete collapse indicated at the moment. Most of the improvement will come from this segment but I would expect some to come from those saying Labour in the current polls.

    As for those in marginals, I suspect it is easier to vent frustration at the compromises of real power when you have a clear contender that is not a part of the government. So Mr Cheesed off in a Con/Lab marginal is more likely to express himself by saying he is supporting Labour than those in non marginals where the alternative is less obvious.
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    Given the Tories' rhetorical swing to the right they are clearly not that interested in 2010 LD DKs. It's UKIPers or bust for them.

    Logically, a DK is a better LD prospect than someone saying they'll vote Labour. I suspect quite a few will stay with what they know. And quite a few of them will be anti-Tories who dislike the Coalition, but who hate the idea of the Conservatives governing alone more. Either way, though, Labour won't mind. It's LD to Tory switchers they worry about - which is why the Tory rightwards move suits them fine.
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    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

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    FinancierFinancier Posts: 3,916
    OT

    The inhumanity of the Welsh Language police, whilst a Labour council sits on its hands.

    "Vulnerable autistic children have been banned from using a school canteen because they do not speak Welsh.

    The youngsters have to eat in a small two-classroom building on the site of newly-created Ysgol Gymraeg Bro Teyrnon in Newport.

    Last year, when the school was the English language Brynglas Primary, the children were able to eat in the canteen.

    But since the September, the unit for autistic children has been separated from the new Welsh-language school and the children in the unit receive food from the canteen delivered to their classroom.

    In an email, Newport Council’s education chief James Harris said: “The pupils will be eating in the base initially as the Welsh school will be using Welsh language only and the management team and teachers at Maes Ebbw feel it will be confusing for the pupils.”

    “Arrangements are being made to improve the facilities so the children can eat outside when it is warm enough,” Mr Harris wrote."

    http://www.walesonline.co.uk/news/wales-news/autistic-children-banned-school-canteen-6335413
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    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

  • Options
    DavidLDavidL Posts: 51,360

    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

    Alternatively, of course, it is yet more evidence that this Coalition gives more of a damn about poorer people than new Labour ever did.


    Of greater interest is the changes that Osborne is apparently having to make to the patent box. If you have recovered from the disasters of the weekend I would be genuinely interested to read your comments on that.

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    AlanbrookeAlanbrooke Posts: 23,763

    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

    Did Brezhnev do coke and rent boys ?
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    AlanbrookeAlanbrooke Posts: 23,763

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
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    MillsyMillsy Posts: 900

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    There wasn't much evidence of the scale of tactical voting in 2010 that you lefties hoped for and expected. After all, there were 100 new Tory MPs. A lot of 2010 Lib Dems took one look at the coalition, switched to DK, Lab or Con and haven't paid much attention since. The number of people likely to switch parties completely at the next election is also probably overegged, although this depends partly on how the Lib Dems conduct themselves during the 2015 campaign.
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    VerulamiusVerulamius Posts: 1,436
    edited November 2013
    A hypothesis.

    There is a segment of the voting populus who don't make up their minds until just before or at the election. These are the don't knows. Currently about 24% of 2010 ld, 9% of 2010 l & 17 % of 2010 c.

    In 2010 there was the cleggasm, and my hypothesis is that a greater proportion of the don't knows voted ld as a result. The current voting % of don't knows are just a consequence of the cleggasm.

    This suggests that they are proper floating voters, able to be captured by any party.

    This sounds reasonable, but is there any evidence for this hypothesis?
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    A hypothesis.

    There is a segment of the voting populus who don't make up their minds until just before or at the election. These are the don't knows. Currently about 24% of 2010 ld, 9% of 2010 l & 17 % of 2010 c.

    In 2010 there was the cleggasm, and my hypothesis is that a greater proportion of the don't knows voted ld as a result. The current voting % of don't knows are just a consequence of the cleggasm.

    This suggests that they are proper floating voters, able to be captured by any party.

    This sounds reasonable, but is there any evidence for this hypothesis?

    You seem to be implying here that people make a decision on manifestos and last minute campaigning.

    It would be very interesting if some people actually did that.

    Or more likely, interesting if nobody did, in which case campaign funds can be diverted elsewhere.
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    AlanbrookeAlanbrooke Posts: 23,763

    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html
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    The payday loan actions do seem a bit silly to me.

    (1) APR isn't a reliable indicator of cost for two-week loans
    (2) Why is there a demand for payday loans

    Item (2) is what should be addressed.
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    But if you're ICM, the 2010 LD don't knows don't need looking at.

    Just allocate 50% back to the LDs, 0% to anyone else and leave it at that.

    Is it time for a more nuanced approach from ICM, to recognise the consequences of the political realignment that the LDs chose in 2010?
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    AlanbrookeAlanbrooke Posts: 23,763
    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.
  • Options

    Given the Tories' rhetorical swing to the right they are clearly not that interested in 2010 LD DKs. It's UKIPers or bust for them.

    In which case it will be bust.

    Rhetorical swings wont work especially from Cameroons who all too regularly show how they really feel about UKIP voters.



  • Options
    More smears:

    Labour Party's property firm cashed in on cheap loans from Co-op
    Opposition’s property portfolio benefited from low rates of interest offered by the bank

    Labour's property portfolio, including Ed Balls’s constituency buildings, have benefited from cheap loans from the Co-operative Bank, the Telegraph can disclose.

    A commercial mortgage broker who inspected the accounts said: “This is a ratbag collection of second and third-rate properties, and any of my clients would not get money at that rate of interest out of any bank on the face of the planet.

    “They are paying half the rate of interest that the rest of us would pay. This is not a genuine arm’s-length transaction – it’s far too cosy. Poor little Co-op bondholders who are taking a haircut should be asking why they are doing it.”


    http://www.telegraph.co.uk/news/politics/labour/10471476/Labour-Party-cashed-in-on-cheap-loans-from-Co-op.html

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    rcs1000rcs1000 Posts: 54,052
    edited November 2013
    Financier said:

    Price of oil has dropped by more than $2 overnight after creeping up for the last two weeks. Iran effect?

    Yes. Iran effect. As recently as 2011, Iran exported 2.6m barrels a day. Post sanctions, that number was 1.2-1.3m, as the country really struggled to find countries that were less picky where their oil came from. (Fewer barrels, at lower price per barrel equals appalling damage to the Iranian economy.)

    Assuming Iran can get back up to 2.6m barrels of export capacity in the next 12 months - which is not a given - then it would be not unreasonable to assume that either (a) Saudi Arabia has to cut production, or (b) that oil prices dip back below $100. (Of course, as our imported gas is priced off oil, this will be good for electricity prices...)
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    Jonathan Trott out of the Ashes with a stress related illness.
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    The praise for Catherine 'peace in our time' Ashton is most amusing.

    Anyone want to guess how long before the agreement is exposed as a sham ?
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    AlanbrookeAlanbrooke Posts: 23,763

    Given the Tories' rhetorical swing to the right they are clearly not that interested in 2010 LD DKs. It's UKIPers or bust for them.

    In which case it will be bust.

    Rhetorical swings wont work especially from Cameroons who all too regularly show how they really feel about UKIP voters.



    Isn't that sort a mutual position ? I struggle to see how kippers think they will win a referendum when they spend half their time attacking the people they need onside to win it.
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    JosiasJessopJosiasJessop Posts: 39,060

    The payday loan actions do seem a bit silly to me.

    (1) APR isn't a reliable indicator of cost for two-week loans
    (2) Why is there a demand for payday loans

    Item (2) is what should be addressed.

    What we need to avoid is pushing people into the hands of totally unregulated loan sharks. Creasy's campaign has been very good, but banning payday loan companies will cause more pain IMHO.

    Two other moves I think might make a difference:
    1) A registry to prevent people getting loans out from multiple companies (i.e. trying to pay off a loan with one company by getting a loan from another, but only for short-term payday loans).
    2) Strictly enforce a once-only rollover of any loans.

    The problem is that *any* move might create a demand into which totally unregulated loan sharks may move, causing further harm.
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    The praise for Catherine 'peace in our time' Ashton is most amusing.

    Anyone want to guess how long before the agreement is exposed as a sham ?

    I think it would be fair to say its reception in America has been 'mixed' - in any case, the deal came about because the US Administration and the Iranians wanted it - as you say, lets see how it plays out....

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    Good morning, everyone.

    Clare's Law to be rolled out across England and Wales:
    http://www.bbc.co.uk/news/uk-politics-25077115

    I cannot see why this is limited to women. Whilst most domestic violence is man-on-woman, there's a very large minority that's woman-on-man, and of course it happens in gay couples as well.

    If it's deemed acceptable for women with a new boyfriend to check his police record then it's indefensible not to extend that same right to straight men and gay people of both genders.
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    rcs1000rcs1000 Posts: 54,052

    The praise for Catherine 'peace in our time' Ashton is most amusing.

    Anyone want to guess how long before the agreement is exposed as a sham ?

    While your cynicism is understandable, I think cautious optimism is probably the right way to treat this agreement. It is worth remembering that pretty much all sanctions remain in place, and that the only thing 'The West' has really done is to free up about $3.5bn of 'frozen' money in off-shore Iranian bank accounts. Unless a full agreement is put in place - which includes the Arak heavy water treatment - in six months then all the sanctions are reimposed automatically.

    I would also note that, despite Mr Netanyahu's rhetoric, the Israeli stock exchange was up very sharply yesterday, and is up again today. Israeli 'money' seems to think this is a pretty good deal.
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    Blue_rogBlue_rog Posts: 2,019

    Jonathan Trott out of the Ashes with a stress related illness.

    It's the only way these convicts can hope to win! Abuse and destroy players off the field so they don't have to face a superior talent.

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    What we need to avoid is pushing people into the hands of totally unregulated loan sharks. Creasy's campaign has been very good, but banning payday loan companies will cause more pain IMHO.

    Two other moves I think might make a difference:
    1) A registry to prevent people getting loans out from multiple companies (i.e. trying to pay off a loan with one company by getting a loan from another, but only for short-term payday loans).
    2) Strictly enforce a once-only rollover of any loans.

    The problem is that *any* move might create a demand into which totally unregulated loan sharks may move, causing further harm.

    All very sensible, however we need to address why there is a demand for these loans.

    Bearing in mind that Wonga, for example, appear to be interested in getting their money back, they only lend to people who can pay.

    Anecdote alert: Our children, and their colleagues in the 20-25 age bracket might well be users of these services. They're spending everything they earn, running out of money before payday, and six months later getting a better paid job. Some of them will earn good money soon, and they're spending it now. We're not sure this is wise, but they have to learn somewhere. If these people are typical payday loan customers, why not leave them alone. There are more important things to be getting on with.
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    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.

    Brown was so bad he managed to alienate a good proportion of the anti-Tories to the extent they felt they could not support the continuance of a Labour government. Since, 2010, though, the Tories have managed to bring most of them back on board.
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    rcs1000rcs1000 Posts: 54,052

    If it's deemed acceptable for women with a new boyfriend to check his police record then it's indefensible not to extend that same right to straight men and gay people of both genders.

    Yes.
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    tim said:

    Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest

    But didn't bother to campaign for it when Labour was in power - the coalition inherited an unregulated mess (stop me if you've heard this before...) and has set about fixing it.....

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    MarkSeniorMarkSenior Posts: 4,699
    I made this point some time last week . 25% of 2010 LD voters now DK is around 5-6% of those voting . The say 15% of 2010 Con voters currently saying DK sounds rather fewer and less important but as the Con % in 2010 was 37% it is of the same order of 5-6% of those voting . The ICM spiral of silence adjustment is currently helping the Conservatives almost as much as it does the LD's in ICM polls .
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    AlanbrookeAlanbrooke Posts: 23,763

    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.

    Brown was so bad he managed to alienate a good proportion of the anti-Tories to the extent they felt they could not support the continuance of a Labour government. Since, 2010, though, the Tories have managed to bring most of them back on board.
    If they were more anti-Brown than anti-Tory that sort of suggests that the so called anti tory block considers lots of other things and isn't quite as single-minded as advertised.
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    NickPalmerNickPalmer Posts: 21,354

    But if you're ICM, the 2010 LD don't knows don't need looking at.

    Just allocate 50% back to the LDs, 0% to anyone else and leave it at that.

    Is it time for a more nuanced approach from ICM, to recognise the consequences of the political realignment that the LDs chose in 2010?

    Phil makes a good point - the ICM adjustment looks clearly too crude. We do have quite a few of these undecided 2010 LDs in my patch. Anecdotally my impression is that they are the less politically engaged LDs who voted LD as "I don't like the big parties" and are now not very keen on anyone. UKIP is tempting a few of them; I'd guess that up to half will indeed return to the LDs in the end (unlike those who have already decided, who are clearly breaking Labour), but Labour will get more than the Tories of the remainder.

    The payday loan actions do seem a bit silly to me.

    (1) APR isn't a reliable indicator of cost for two-week loans
    (2) Why is there a demand for payday loans

    Item (2) is what should be addressed.

    I've discussed this recently with Stella and with a senior BIS civil servant. You're clearly right that, as with food banks, the underlying issue is "why are people in such need?" more than "interesting that people are in need, we'd better alleviate it a little bit". But Britain is unusual in tolerating unlimited interest rates and other countries do manage to cap the total cost without it producing an explosion of illegal lending, apparently because the rates of interest are not really market-led but set more at whatever rate the limited number of this type of lender think they can get away with. I've not seen the details of the Government proposals yet, though.
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    FinancierFinancier Posts: 3,916

    Jonathan Trott out of the Ashes with a stress related illness.

    So, if as appears, this is a more longer-standing illness, why was he allowed to go in the first place?
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    DavidL said:

    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

    Alternatively, of course, it is yet more evidence that this Coalition gives more of a damn about poorer people than new Labour ever did.


    Of greater interest is the changes that Osborne is apparently having to make to the patent box. If you have recovered from the disasters of the weekend I would be genuinely interested to read your comments on that.

    What it shows is that the state can and does interfere in the workings of the free market; so rendering the argument that Ed Miliband has been proposing extreme left-wing policies utterly absurd. Though anyone with half a brain knew that already.

    As for the Patent Box, I am not sure if anything concrete has actually happened. This is our latest report on it from about a month ago:

    http://www.iam-magazine.com/blog/detail.aspx?g=745c03d0-e1f3-45d6-bd62-df14617338b2&q
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    JonathanDJonathanD Posts: 2,400



    What we need to avoid is pushing people into the hands of totally unregulated loan sharks. Creasy's campaign has been very good, but banning payday loan companies will cause more pain IMHO.

    Two other moves I think might make a difference:
    1) A registry to prevent people getting loans out from multiple companies (i.e. trying to pay off a loan with one company by getting a loan from another, but only for short-term payday loans).
    2) Strictly enforce a once-only rollover of any loans.

    The problem is that *any* move might create a demand into which totally unregulated loan sharks may move, causing further harm.

    All very sensible, however we need to address why there is a demand for these loans.

    Yes, it would be interesting to have some in-depth figures on payday loan customers so that we can see exactly how 'troubled' they are.

    I do suspect part of the problem is that a lot of these people previously relied on bank overdrafts - where the effective APR was probably higher than what Wonga charge -but since the tightening up of bank overdraft laws they have moved to payday companies. The issue is now more in the open, even if it is not any worse.
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    Financier said:

    Jonathan Trott out of the Ashes with a stress related illness.

    So, if as appears, this is a more longer-standing illness, why was he allowed to go in the first place?

    Probably because he kept it to himself or because he assured selectors it was under control.

    More interestingly, as far as I can tell this kind of illness seems to affect England's cricketers more than those from anywhere else. Are we better at identifying it?

  • Options

    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.

    Brown was so bad he managed to alienate a good proportion of the anti-Tories to the extent they felt they could not support the continuance of a Labour government. Since, 2010, though, the Tories have managed to bring most of them back on board.
    If they were more anti-Brown than anti-Tory that sort of suggests that the so called anti tory block considers lots of other things and isn't quite as single-minded as advertised.

    I agree. There was a real opportunity for the Tories here. But they seem to have blown it. The anti-Tories are back.

  • Options
    JosiasJessopJosiasJessop Posts: 39,060



    What we need to avoid is pushing people into the hands of totally unregulated loan sharks. Creasy's campaign has been very good, but banning payday loan companies will cause more pain IMHO.

    Two other moves I think might make a difference:
    1) A registry to prevent people getting loans out from multiple companies (i.e. trying to pay off a loan with one company by getting a loan from another, but only for short-term payday loans).
    2) Strictly enforce a once-only rollover of any loans.

    The problem is that *any* move might create a demand into which totally unregulated loan sharks may move, causing further harm.

    All very sensible, however we need to address why there is a demand for these loans.

    Bearing in mind that Wonga, for example, appear to be interested in getting their money back, they only lend to people who can pay.

    Anecdote alert: Our children, and their colleagues in the 20-25 age bracket might well be users of these services. They're spending everything they earn, running out of money before payday, and six months later getting a better paid job. Some of them will earn good money soon, and they're spending it now. We're not sure this is wise, but they have to learn somewhere. If these people are typical payday loan customers, why not leave them alone. There are more important things to be getting on with.
    Absolutely. I'm lucky that I was raised to be fiscally responsible (i.e. tight). Mrs J was raised in the same way - indeed, it would be hard for her to be any other way given her background.

    Before he retired, my dad employed semi-skilled workers in the building and demolition industries. Ideally, he preferred paying them monthly directly into bank accounts. Second best was cheques. However, well over half the men wanted paying by cash weekly, and quite a few did not even have bank accounts. The reason being that if they got paid monthly, they would run out of money before the next payday. If they got paid weekly, they would only have one or two lean days.

    When they got paid, some would go straight to the local pub and drink all night.

    It's a totally alien mindset to me.

    One of my jobs when I was a kid was, every Thursday, totting up how many notes and coins were needed to make up all the pay packets.
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    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.

    Brown was so bad he managed to alienate a good proportion of the anti-Tories to the extent they felt they could not support the continuance of a Labour government. Since, 2010, though, the Tories have managed to bring most of them back on board.
    If they were more anti-Brown than anti-Tory that sort of suggests that the so called anti tory block considers lots of other things and isn't quite as single-minded as advertised.

    The anti-Tories are back.
    Evidence?

    Or wishful thinking?

    The Tories are not as 'toxic' as the Lib Dems or UKIP......

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    rcs1000 said:

    The praise for Catherine 'peace in our time' Ashton is most amusing.

    Anyone want to guess how long before the agreement is exposed as a sham ?

    While your cynicism is understandable, I think cautious optimism is probably the right way to treat this agreement. It is worth remembering that pretty much all sanctions remain in place, and that the only thing 'The West' has really done is to free up about $3.5bn of 'frozen' money in off-shore Iranian bank accounts. Unless a full agreement is put in place - which includes the Arak heavy water treatment - in six months then all the sanctions are reimposed automatically.

    I would also note that, despite Mr Netanyahu's rhetoric, the Israeli stock exchange was up very sharply yesterday, and is up again today. Israeli 'money' seems to think this is a pretty good deal.
    Does anyone doubt that Iran is aiming to become a nuclear power ?

    The question is then are other countries willing to allow it to do so.

    That question needs answering - everything else is merely delaying the problem.

    As to the Israeli stock market I imagine it has the same short term outlook similar institutions have.
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    JosiasJessopJosiasJessop Posts: 39,060

    DavidL said:

    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

    Alternatively, of course, it is yet more evidence that this Coalition gives more of a damn about poorer people than new Labour ever did.


    Of greater interest is the changes that Osborne is apparently having to make to the patent box. If you have recovered from the disasters of the weekend I would be genuinely interested to read your comments on that.

    What it shows is that the state can and does interfere in the workings of the free market; so rendering the argument that Ed Miliband has been proposing extreme left-wing policies utterly absurd. Though anyone with half a brain knew that already.

    As for the Patent Box, I am not sure if anything concrete has actually happened. This is our latest report on it from about a month ago:

    http://www.iam-magazine.com/blog/detail.aspx?g=745c03d0-e1f3-45d6-bd62-df14617338b2&q
    What utter mindless rubbish. All governments have interfered with markets in various ways. We have never lived in a pure capitalist system, thank God.

    What Miliband is proposing wrt energy and land was very different. It's a shame you can't see the difference (although actually I think you do).
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    tim said:

    Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest

    But didn't bother to campaign for it when Labour was in power - the coalition inherited an unregulated mess (stop me if you've heard this before...) and has set about fixing it.....

    Because Labour loves debt.

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    tim said:

    Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest

    But didn't bother to campaign for it when Labour was in power - the coalition inherited an unregulated mess (stop me if you've heard this before...) and has set about fixing it.....

    Three years ago Labour were in power but chose to turn a blind eye and deaf ear to these abuses. The Coalition is more responsive to The Mirror's campaigns for bettering the lot of the people. Viva the Coalition.

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    tim said:

    "The Chancellor's family-owned interior design business, Osborne & Little, failed to contribute to the Exchequer last year

    Financial illiteracy....unless the Telegraph are claiming they paid no NI or business rates......

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    edmundintokyoedmundintokyo Posts: 17,151
    edited November 2013

    But Britain is unusual in tolerating unlimited interest rates and other countries do manage to cap the total cost without it producing an explosion of illegal lending, apparently because the rates of interest are not really market-led but set more at whatever rate the limited number of this type of lender think they can get away with.

    This may be a Weird Japan phenomenon, like having a bunch of organized crime syndicates operating openly with registered offices with their names on the door, but here there are a lot of illegal lenders lending at rates above the maximum legal APR. But the law then seems to serve as a last resort for the customers of the illegal lenders when they get into trouble: When they finally end up meeting a bankruptcy lawyer or getting advice from somebody who understands the law, they'll call the loan shark and get them to recalculate the interest owed at the maximum legal rate.
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    AlanbrookeAlanbrooke Posts: 23,763

    tim said:

    tim said:

    Depends on where they live, and the ones who live in safe seats don't matter anyway, if Labour can lock in the 34% of 2010 LD's in the marginals (Tories have 10%) then it's difficult to see how Dave survives.

    Lab voters in LD/Con marginals are perhaps an even more interesting group, how many of them will continue to vote tactically, Ashcroft suggests a lot, and Camerons reversion to toxicity could encourage that further.

    It will be a lot. The anti-Tory Party is extremely strong, highly motivated and, when push comes to shove, very efficient in its vote deployment. Crosby's rightwards focus merely serves to animate it more. If operation UKIP swingback does not get Farage and co below 5% in 2015 it could get very nasty for the Tories.

    "very efficient in its vote deployment."

    we get this red herring repeatedly. If the 6% 2010LDs had stuck with Labour, Brown would be PM. How's that efficient ?
    2010 Lab 29% 258 seats
    2001 Con 31% 166 seats

    Efficiency.

    That's vote distribution efficiency, not tactical voting efficiency as you well know. If the anti tory vote was as ruthlessly efficient as claimed Brown would be PM not Cameron. The 6-7% LD switchers would have allowed him to become the largest party on a smaller vote share; PM incumbency would have done the rest.

    Brown was so bad he managed to alienate a good proportion of the anti-Tories to the extent they felt they could not support the continuance of a Labour government. Since, 2010, though, the Tories have managed to bring most of them back on board.
    If they were more anti-Brown than anti-Tory that sort of suggests that the so called anti tory block considers lots of other things and isn't quite as single-minded as advertised.

    I agree. There was a real opportunity for the Tories here. But they seem to have blown it. The anti-Tories are back.

    I can't quite see that. There was certainly an opportunity for some of the other parties, but I doubt so much one for the blues.
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    Scrapheap_as_wasScrapheap_as_was Posts: 10,059
    edited November 2013
    Get better soon Trotty.

    Warner looks an even bigger **** now.

    Adam Mountford‏@tmsproducer36m
    Andy Flower "Trotty has been suffering from a stress related condition for quite a while" #bbcsport #Ashes
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    malcolmgmalcolmg Posts: 42,062


    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html

    Two things blow your argument apart, chances of the deal sticking slim or Israel blowing it apart and Scotland will not be dependent on oil.
    Apart from all that , the only way the price of oil is going is up.
  • Options
    England captain Alastair Cook labelled the comments "disrespectful," a view shared by Flower who says Warner's views had no impact on Trott's decision to leave.

    "Jonathan has been struggling with this condition for quite a while," added Flower.

    "We have been on tour for about a month and he has had his ups and downs through that month and it is not directly related to that.

    "I would also say players commenting to fellow professionals in the media is disrespectful and I think on this occasion he [Warner] has got that horribly wrong."
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    dr_spyndr_spyn Posts: 11,289
    If the Co-Op bank deal collapses this week, or the bank simply folds up under the pressure, what happens to all those loans at favourable rates?

    http://www.telegraph.co.uk/news/politics/labour/10471476/Labour-Party-cashed-in-on-cheap-loans-from-Co-op.html

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    malcolmgmalcolmg Posts: 42,062

    The praise for Catherine 'peace in our time' Ashton is most amusing.

    Anyone want to guess how long before the agreement is exposed as a sham ?

    They have only agreed to agree about talking , it is bollocks
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    rcs1000rcs1000 Posts: 54,052
    edited November 2013

    Does anyone doubt that Iran is aiming to become a nuclear power ?

    Iran is a country full of people just like you and me. The people of Iran chose a moderate politician whose priority was increasing the standard of living of his people, rather than one who believed the glory of Iran was most important.

    So, when you say 'Iran is aiming to become a nuclear power', do you mean that the people of Iran would rather have nuclear weapons than bread? Or do you mean that a narrow coterie of well fed clerics would rather have a nuclear bomb?

    The question is then are other countries willing to allow it to do so.

    We have put in place a series of sanctions that have caused enormous hardship across Iran, and resulted in a moderate being elected. What greater success would you like?

    The question is whether it is better to go for a carrot and stick approach - allowing a small loosening of the noose, in return for a halt to enrichment, the disassembling of centrifuges, putting the 20% enriched uranium under international control, and stopping work at the Arak plant.

    Alternatively, you can say 'this is not enough!' (even though it is far more than the Pakistanis, the Indians and Israelis have done).

    Now, it is possible that either (a) the clerics will get rid of Rouhani, or (b) this is all a ruse. But given how little we're giving up for six months, that seems a price worth paying.

    What do you think we should do?

    And, do you believe that if (say) a bunch of international countries demanded that we got rid of our nuclear weapons, that we should do it? Or do you think that external pressure would make you (and me) more nationalistic?
  • Options


    Does anyone doubt that Iran is aiming to become a nuclear power ?

    They're certainly aiming for nuclear latency. Whether they want to go to actually having weapons isn't clear, but there's not much practical difference - the whole point of nuclear latency is that if you were in a situation where you'd use nuclear weapons, you could make them.


    The question is then are other countries willing to allow it to do so.

    That question needs answering - everything else is merely delaying the problem.

    As to the Israeli stock market I imagine it has the same short term outlook similar institutions have.

    Are you advocating occupying Iran? Because short of that, I'm not really seeing what more effective strategy there is to stop them becoming a nuclear power than implementing sanctions, and trading the suspension of sanctions for verifiably stopping advancing nuclear weapons development. Note that this strategy depends on being prepared to actually do the deal; If you just implement sanctions but won't take a deal to lift them, you're giving them the same incentives as if you weren't implementing sanctions in the first place.
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    malcolmgmalcolmg Posts: 42,062
    Blue_rog said:

    Jonathan Trott out of the Ashes with a stress related illness.

    It's the only way these convicts can hope to win! Abuse and destroy players off the field so they don't have to face a superior talent.

    LoL, Big softies head home unable to take a pasting
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    Trotty is also a massive spurs fan but that's the least of his issues by the sounds of it.

    Great great player.
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    RogerRoger Posts: 18,892
    @Alanbrooke

    "Did Brezhnev do coke and rent boys ?"

    George Monbiot said it should have been obvious Paul Flowers wasn't a real banker.

    He bought his own coke.
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    rcs1000rcs1000 Posts: 54,052
    malcolmg said:

    Apart from all that , the only way the price of oil is going is up.

    Brent is $108.80/barrel.

    I am willing to bet that - adjusted for inflation - it is below that level in five years time. I'm happy to go up to £100,000.

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    Mr. 1000, worth mentioning all the candidates on the final list got the approval of the Supreme Leader, who is, of course, really in charge.
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    dr_spyndr_spyn Posts: 11,289
    Did you know Ed MIliband saved the world...yer ma besteest mate Kev, have another pint.

    http://www.mirror.co.uk/news/uk-news/kevin-maguire-ed-milibands-crucial-2848502
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    AlanbrookeAlanbrooke Posts: 23,763
    malcolmg said:


    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html

    Two things blow your argument apart, chances of the deal sticking slim or Israel blowing it apart and Scotland will not be dependent on oil.
    Apart from all that , the only way the price of oil is going is up.
    Would you bet your future on it ?

    I'm afraid it's one of those things falling in to the "events" category, a 10% drop in the price of oil is just one of those things nobody can control.

    It does however show Salmond to be not so hot on economics or picking winners. First the finance sector crashes, then oil weakens now all we need is for the Whisky industry to have a crisis and it's the full set.
  • Options

    Get better soon Trotty.

    Warner looks an even bigger **** now.

    Adam Mountford‏@tmsproducer36m
    Andy Flower "Trotty has been suffering from a stress related condition for quite a while" #bbcsport #Ashes

    As much as I don't want to defend the Ozzies, it's up to the ECB that the welfare of their players is paramount, and to access if they are fit to play or travel on tours.

    I can utterly understand why players burn out, it seems like an endless treadmill of matches and tours...
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    malcolmgmalcolmg Posts: 42,062
    Blue_rog said:

    Jonathan Trott out of the Ashes with a stress related illness.

    It's the only way these convicts can hope to win! Abuse and destroy players off the field so they don't have to face a superior talent.

    LoL, Big softies head home unable to take a pasting
    rcs1000 said:

    malcolmg said:

    Apart from all that , the only way the price of oil is going is up.

    Brent is $108.80/barrel.

    I am willing to bet that - adjusted for inflation - it is below that level in five years time. I'm happy to go up to £100,000.

    Had a look down the back of the couch , managed to raise 68p. Pretty silly of you trying to show off how rich you are , next you will be telling me you spend more each day than Financier.
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    MillsyMillsy Posts: 900
    edited November 2013
    Compare with the polling in November 2008 when on the adjusted figures 32% of 2005 Lib Dems were thinking of voting for either Lab (21%) or Con (11%).

    The current figures are of a different magnitude but not out of this world - 43% of 2010 Lib Dems are thinking of voting for Lab (33%) or Con (10%).

    At the election the Lib Dems recovered from 12% in 2008 to 23% in 2010. They won't do as well this time but maybe half way there...
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    rcs1000 said:

    I'm happy to go up to £100,000.

    Don't forget to email Peter the Punter about that one...
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    rcs1000rcs1000 Posts: 54,052
    edited November 2013
    malcolmg said:

    Had a look down the back of the couch , managed to raise 68p. Pretty silly of you trying to show off how rich you are , next you will be telling me you spend more each day than Financier.

    Actually, I wasn't even going to risk any of my own money. I was simply going to buy the futures and sell to you and lock in a guaranteed profit.

  • Options
    malcolmgmalcolmg Posts: 42,062

    malcolmg said:


    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html

    Two things blow your argument apart, chances of the deal sticking slim or Israel blowing it apart and Scotland will not be dependent on oil.
    Apart from all that , the only way the price of oil is going is up.
    Would you bet your future on it ?

    I'm afraid it's one of those things falling in to the "events" category, a 10% drop in the price of oil is just one of those things nobody can control.

    It does however show Salmond to be not so hot on economics or picking winners. First the finance sector crashes, then oil weakens now all we need is for the Whisky industry to have a crisis and it's the full set.
    Far from weak yet Alan, and it makes no difference , if it drops it means UK borrows more and cuts our budget even more. Price dropping makes voting YES even more important. It is either in UK with NO hope or out of it with some hope.
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    malcolmgmalcolmg Posts: 42,062
    rcs1000 said:

    malcolmg said:

    Had a look down the back of the couch , managed to raise 68p. Pretty silly of you trying to show off how rich you are , next you will be telling me you spend more each day than Financier.

    Actually, I wasn't even going to risk any of my own money. I was simply going to buy the futures and sell to you and lock in a guaranteed profit.

    So you were planning to rob me , shocking, you must be a Tory.
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    DavidL said:

    tim said:

    Marxist market interference U turn part 34

    Nick Sommerlad ‏@NickSommerlad 43m
    Huge and welcome Govt u-turn. Mirror has campaigned for this for 3yrs. RT New law to cap payday loan interest http://bbc.in/1aLxs3f

    Genuinely terrifying left wing extremism. It's back to the 1970s. I am taking steps to move my investments out of Britain. We might as well be in the Soviet Union.

    Alternatively, of course, it is yet more evidence that this Coalition gives more of a damn about poorer people than new Labour ever did.


    Of greater interest is the changes that Osborne is apparently having to make to the patent box. If you have recovered from the disasters of the weekend I would be genuinely interested to read your comments on that.

    What it shows is that the state can and does interfere in the workings of the free market; so rendering the argument that Ed Miliband has been proposing extreme left-wing policies utterly absurd. Though anyone with half a brain knew that already.

    As for the Patent Box, I am not sure if anything concrete has actually happened. This is our latest report on it from about a month ago:

    http://www.iam-magazine.com/blog/detail.aspx?g=745c03d0-e1f3-45d6-bd62-df14617338b2&q
    What utter mindless rubbish. All governments have interfered with markets in various ways. We have never lived in a pure capitalist system, thank God.

    What Miliband is proposing wrt energy and land was very different. It's a shame you can't see the difference (although actually I think you do).

    Are you seriously suggesting that governments - including this one - have not imposed pricing freezes on private companies or have not had statutory purchase schemes in place? What Miliband was proposing was nothing more than that. I believe his energy freeze is flawed, not that it is unprecedented Marxism - that is very different. What he has done, though, is forced the government to respond. That is good. I have no problem with the principle of what he says about land purchases. As we have no detail yet, it's not possible to go beyond that at this stage.

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    rcs1000rcs1000 Posts: 54,052

    Mr. 1000, worth mentioning all the candidates on the final list got the approval of the Supreme Leader, who is, of course, really in charge.

    While that's true, I don't think the Supreme Leader expected Rouhani to win. And when he did win, they didn't expect him to have his own views - or at least to push him own agenda so strongly.
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    rcs1000rcs1000 Posts: 54,052
    malcolmg said:

    rcs1000 said:

    malcolmg said:

    Had a look down the back of the couch , managed to raise 68p. Pretty silly of you trying to show off how rich you are , next you will be telling me you spend more each day than Financier.

    Actually, I wasn't even going to risk any of my own money. I was simply going to buy the futures and sell to you and lock in a guaranteed profit.

    So you were planning to rob me , shocking, you must be a Tory.
    This is clearly some new definition of the word 'rob' of which I was previously unaware.
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    AlanbrookeAlanbrooke Posts: 23,763
    malcolmg said:

    malcolmg said:


    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html

    Two things blow your argument apart, chances of the deal sticking slim or Israel blowing it apart and Scotland will not be dependent on oil.
    Apart from all that , the only way the price of oil is going is up.
    Would you bet your future on it ?

    I'm afraid it's one of those things falling in to the "events" category, a 10% drop in the price of oil is just one of those things nobody can control.

    It does however show Salmond to be not so hot on economics or picking winners. First the finance sector crashes, then oil weakens now all we need is for the Whisky industry to have a crisis and it's the full set.
    Far from weak yet Alan, and it makes no difference , if it drops it means UK borrows more and cuts our budget even more. Price dropping makes voting YES even more important. It is either in UK with NO hope or out of it with some hope.
    Not quite malc. The UK is a net importer so a drop isn't quite so hurtful on the BoP as it is for Scotland which is much more dependent on the sector. The issue impacts in two ways firstly immediately on price, but the more interesting thing will be to see how both govts react to encouraging oil co's to keep exploring since their potential returns will now be that much more risky with lower prices.
  • Options
    Mr. 1000, not so sure I buy that. For a start, a large number of candidates were culled from the final list, Armani-dinnerjacket was axed by the Supreme Leader and (the previous election) the 'elected' leader didn't get the job because the Supreme Leader didn't want him.
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    @AlanBrooke - the Tories managed to persuade a lot of voters in 2010 that a Tory government was not something to be avoided at all costs. In other words, they had started to eat into the anti-Tory vote. We'll have to wait to see to be certain, but I suspect they may find that a lot of that good work has now been undone. If you swing rightwards to snare UKIPers, you are bound to alienate those in the centre who were beginning to give you a chance.
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    malcolmg said:

    Blue_rog said:

    Jonathan Trott out of the Ashes with a stress related illness.

    It's the only way these convicts can hope to win! Abuse and destroy players off the field so they don't have to face a superior talent.

    LoL, Big softies head home unable to take a pasting
    Classy Malcolm, recall classy. What an enlightened attitude to mental illness....
  • Options


    Does anyone doubt that Iran is aiming to become a nuclear power ?

    They're certainly aiming for nuclear latency. Whether they want to go to actually having weapons isn't clear, but there's not much practical difference - the whole point of nuclear latency is that if you were in a situation where you'd use nuclear weapons, you could make them.


    The question is then are other countries willing to allow it to do so.

    That question needs answering - everything else is merely delaying the problem.

    As to the Israeli stock market I imagine it has the same short term outlook similar institutions have.

    Are you advocating occupying Iran? Because short of that, I'm not really seeing what more effective strategy there is to stop them becoming a nuclear power than implementing sanctions, and trading the suspension of sanctions for verifiably stopping advancing nuclear weapons development. Note that this strategy depends on being prepared to actually do the deal; If you just implement sanctions but won't take a deal to lift them, you're giving them the same incentives as if you weren't implementing sanctions in the first place.
    There are no good solutions to the problem as various countries have mutually exclusive interests.

    But the bizarre image of people who should know better cheerleading this 'agreement' brings my cynicism out.

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    EasterrossEasterross Posts: 1,915
    I always note with interest the way these polling questions seem to be framed with an anti-Tory slant. Even when Labour was in Government they seemed to have an anti-Tory slant.

    Wasn't that the big problem in 1992? The media narrative was almost all anti-Tory (Kinnock this and Kinnock that) but the electorate who actually voted thought otherwise and indeed John Major of course achieved the highest vote for a party in the modern era, more than Blair ever achieved.
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    There are no good solutions to the problem as various countries have mutually exclusive interests.

    But the bizarre image of people who should know better cheerleading this 'agreement' brings my cynicism out.

    So what do you mean when you say, "This question needs answering - everything else is just delaying the problem"? Delaying the problem is better than your solution, which is nothing, no?
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    AlanbrookeAlanbrooke Posts: 23,763

    @AlanBrooke - the Tories managed to persuade a lot of voters in 2010 that a Tory government was not something to be avoided at all costs. In other words, they had started to eat into the anti-Tory vote. We'll have to wait to see to be certain, but I suspect they may find that a lot of that good work has now been undone. If you swing rightwards to snare UKIPers, you are bound to alienate those in the centre who were beginning to give you a chance.

    I think that's probably a bit too monochrome. You could argue as people like Another Richard do that Cameron's problem was he alienated enough righties at the list GE to cost him seats and government, there's some truth in that.

    Cameron's basic problem is he can't manage a broad church by having enough red meat to throw to either right or centre to keep them all happy. Add in that he still hasn't got his head round how to appeal to the North and cities any more than Ed understands the South and countryside and you have a polarisation in politics. Currently this works in Labour's favour as they have a better national vote distribution, however as the South keeps growing this will decay and deferring boundary change just gives a warped picture, at some point the current boundaries will go.
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    FinancierFinancier Posts: 3,916
    rcs1000 said:

    malcolmg said:

    Had a look down the back of the couch , managed to raise 68p. Pretty silly of you trying to show off how rich you are , next you will be telling me you spend more each day than Financier.

    Actually, I wasn't even going to risk any of my own money. I was simply going to buy the futures and sell to you and lock in a guaranteed profit.

    The best "betting" (I mean investment) philosophy - never risk any of your own money.
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    RogerRoger Posts: 18,892
    I would imagine that anyone voting Lib Dem at the next election would consider it a vote for the status quo.

    Anyone who voted Lib Dem at the last election who is content with the coalition would surely tell pollsters they would vote the same way again.....

    Therefore Lib Dem 'don't knows' are very unlikely to vote the same way again and unless they've had a Damascene conversion they're unlikely to vote Tory either

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    rcs1000 said:

    Does anyone doubt that Iran is aiming to become a nuclear power ?

    Iran is a country full of people just like you and me. The people of Iran chose a moderate politician whose priority was increasing the standard of living of his people, rather than one who believed the glory of Iran was most important.

    So, when you say 'Iran is aiming to become a nuclear power', do you mean that the people of Iran would rather have nuclear weapons than bread? Or do you mean that a narrow coterie of well fed clerics would rather have a nuclear bomb?

    The question is then are other countries willing to allow it to do so.

    We have put in place a series of sanctions that have caused enormous hardship across Iran, and resulted in a moderate being elected. What greater success would you like?

    The question is whether it is better to go for a carrot and stick approach - allowing a small loosening of the noose, in return for a halt to enrichment, the disassembling of centrifuges, putting the 20% enriched uranium under international control, and stopping work at the Arak plant.

    Alternatively, you can say 'this is not enough!' (even though it is far more than the Pakistanis, the Indians and Israelis have done).

    Now, it is possible that either (a) the clerics will get rid of Rouhani, or (b) this is all a ruse. But given how little we're giving up for six months, that seems a price worth paying.

    What do you think we should do?

    And, do you believe that if (say) a bunch of international countries demanded that we got rid of our nuclear weapons, that we should do it? Or do you think that external pressure would make you (and me) more nationalistic?
    We've had plenty of 'moderates' elected in Iran over the years or rather people we were told were 'moderate'.

    And no I don't have a solution to the problem and doubt there is one - there are too many mutually exclusive interests involved.

    I was just reacting against the 'Cathy Ashton has saved the world, ra!, ra!, ra!'' stupidity from people who should know better.

    Now if it turns out that Cathy Ashton has indeed saved the world then feel free to remind me in a few years and I will admit my mistake.

    Whether the cheerleaders will admit their's if she hasn't saved the world is another matter.

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    rcs1000rcs1000 Posts: 54,052

    Now if it turns out that Cathy Ashton has indeed saved the world then feel free to remind me in a few years and I will admit my mistake.

    Did Baroness Ashton really have anything do with this deal? I mean, really? The Iranians wanted to deal. The US wanted to deal. Who gives a f*ck about Cathy Ashton?
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    No news on the Falkirk front......again.....

    Unite faces new seat-rigging allegations
    The Unite union has been dragged back into the row over seat-rigging in Falkirk after it emerged the son of a prospective Labour MP was signed up to vote on the party's candidate choice despite living in Glasgow.

    http://www.telegraph.co.uk/news/politics/labour/10471906/Unite-faces-new-seat-rigging-allegations.html
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    I was just reacting against the 'Cathy Ashton has saved the world, ra!, ra!, ra!'' stupidity from people who should know better.

    Now if it turns out that Cathy Ashton has indeed saved the world then feel free to remind me in a few years and I will admit my mistake.

    Whether the cheerleaders will admit their's if she hasn't saved the world is another matter.

    Who are you talking about? The people I've seen mentioning Catherine Ashton are me and Nick Palmer. I said "Yay" and "Five More Years!" (the latter being slightly tongue-in-cheek as I don't really think Cameron will nominate her) , and Nick Palmer said, "Seems Lady Ashton has confounded her critics on this occasion".

    I'm not seeing anyone claiming this will provide peace and goodwill to all men forever, but it's a very big improvement on the status quo ante, which was that the Iranian people were getting screwed by sanctions and Iran was going full speed ahead with its nuclear program. I think that reflects well on the people who made it happen, including Catherine Ashton and John Kerry, who I had assumed was a complete useless twonk who only got the Syrian deal by screwing up the plan for war so badly, but I now think I may have under-estimated.
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    FensterFenster Posts: 2,115

    Trotty is also a massive spurs fan but that's the least of his issues by the sounds of it.

    Great great player.

    I don't think there was anything wrong with what Warner said. He said Trott looked "weak" and "scared". He did. I'd look scared on a bouncy pitch facing 93mph bowling.

    England players and commentators may have been a bit more subtle about it but in 2009 they were basically laughing at Mitchell Johnson. They weren't at the Gabba.

    I like Warner's honesty. I like a bit of confrontation. It's much more inspiring that then usual PC, prosaic answers given by sportsmen. Compared to the stuff they say to eachother on pitch (heard through the stump mic's) it was nothing. England are whingeing.

    Trott is a very good player but he does struggle against the short ball. Australia have exploited that, got him out cheaply and let him know they have his number. That's good cricket in my book.

    The mental illness story is very sad but I hope Warner doesn't apologise. I like the spice in sport - makes it much more fun.

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    JosiasJessopJosiasJessop Posts: 39,060

    DavidL said:



    Alternatively, of course, it is yet more evidence that this Coalition gives more of a damn about poorer people than new Labour ever did.


    Of greater interest is the changes that Osborne is apparently having to make to the patent box. If you have recovered from the disasters of the weekend I would be genuinely interested to read your comments on that.

    What it shows is that the state can and does interfere in the workings of the free market; so rendering the argument that Ed Miliband has been proposing extreme left-wing policies utterly absurd. Though anyone with half a brain knew that already.

    As for the Patent Box, I am not sure if anything concrete has actually happened. This is our latest report on it from about a month ago:

    http://www.iam-magazine.com/blog/detail.aspx?g=745c03d0-e1f3-45d6-bd62-df14617338b2&q
    What utter mindless rubbish. All governments have interfered with markets in various ways. We have never lived in a pure capitalist system, thank God.

    What Miliband is proposing wrt energy and land was very different. It's a shame you can't see the difference (although actually I think you do).

    Are you seriously suggesting that governments - including this one - have not imposed pricing freezes on private companies or have not had statutory purchase schemes in place? What Miliband was proposing was nothing more than that. I believe his energy freeze is flawed, not that it is unprecedented Marxism - that is very different. What he has done, though, is forced the government to respond. That is good. I have no problem with the principle of what he says about land purchases. As we have no detail yet, it's not possible to go beyond that at this stage.
    Look at what he is proposing. I have never used the term 'Marxism' about it - just that both policies are dangerous, and that they go far beyond what is reasonable. It is deeply worrying that someone who could be PM could even propose them.

    Miliband as PM would be distinctly dangerous for the country, whether Marxist or not.

    Yet you still support him?
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    TGOHFTGOHF Posts: 21,633
    rcs1000 said:

    Now if it turns out that Cathy Ashton has indeed saved the world then feel free to remind me in a few years and I will admit my mistake.

    Did Baroness Ashton really have anything do with this deal? I mean, really? The Iranians wanted to deal. The US wanted to deal. Who gives a f*ck about Cathy Ashton?
    She was perhaps pivotal in a Mo Mowlam at the Good Friday talks kind of way....







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    TGOHFTGOHF Posts: 21,633
    malcolmg said:

    malcolmg said:


    Iran deal could be bad for Salmond and the Indyref if it sticks.

    "Goldman Sachs and Bank of America have both warned over recent days that crude prices will slide in 2014, much to the alarm of states that depend on oil to make ends meet."

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10471548/Iran-sanctions-deal-to-unleash-oil-supply-but-Saudi-wild-card-looms.html

    Two things blow your argument apart, chances of the deal sticking slim or Israel blowing it apart and Scotland will not be dependent on oil.
    Apart from all that , the only way the price of oil is going is up.
    Would you bet your future on it ?

    I'm afraid it's one of those things falling in to the "events" category, a 10% drop in the price of oil is just one of those things nobody can control.

    It does however show Salmond to be not so hot on economics or picking winners. First the finance sector crashes, then oil weakens now all we need is for the Whisky industry to have a crisis and it's the full set.
    Far from weak yet Alan, and it makes no difference , if it drops it means UK borrows more and cuts our budget even more. Price dropping makes voting YES even more important. It is either in UK with NO hope or out of it with some hope.
    A dropping oil price will shed no tears in no 11 malcolm - lower inflation keeps benefits and drone wages in check. Meanwhile less money on fuel frees up spending on services etc. Its lucky the Uk is not heavily dependant on oil revenue for tax take % wise...


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    R0bertsR0berts Posts: 391
    Fenster said:

    Trotty is also a massive spurs fan but that's the least of his issues by the sounds of it.

    Great great player.

    I don't think there was anything wrong with what Warner said. He said Trott looked "weak" and "scared". He did. I'd look scared on a bouncy pitch facing 93mph bowling.

    England players and commentators may have been a bit more subtle about it but in 2009 they were basically laughing at Mitchell Johnson. They weren't at the Gabba.

    I like Warner's honesty. I like a bit of confrontation. It's much more inspiring that then usual PC, prosaic answers given by sportsmen. Compared to the stuff they say to eachother on pitch (heard through the stump mic's) it was nothing. England are whingeing.

    Trott is a very good player but he does struggle against the short ball. Australia have exploited that, got him out cheaply and let him know they have his number. That's good cricket in my book.

    The mental illness story is very sad but I hope Warner doesn't apologise. I like the spice in sport - makes it much more fun.

    I think I agree with that. Warner couldn't have known that Trott was ill. If he had known, I'm sure he wouldn't have said what he did.
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    tim said:

    During the Omnishambles any backbenchers defending Osbornes positions learned they would see the policy they had been defending changed an hour later, here we go again

    There's a Con-optimistic angle to his, which is that part of the current Con deficit comes down to a traditional government problem of not being able to get a good purchase on the opposition's election positioning until they've announced their own, which tends to come a bit later. By the time the election comes around they'll know which policies they'll be denouncing as national suicide and which ones they'll be adopting themselves, which should make their messaging a bit less muddled.
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    anothernickanothernick Posts: 3,578

    @AlanBrooke - the Tories managed to persuade a lot of voters in 2010 that a Tory government was not something to be avoided at all costs. In other words, they had started to eat into the anti-Tory vote. We'll have to wait to see to be certain, but I suspect they may find that a lot of that good work has now been undone. If you swing rightwards to snare UKIPers, you are bound to alienate those in the centre who were beginning to give you a chance.

    I think the Lib Dems GE campaign message will be that the Tories have abandoned the centre ground and had the Lib Dems not been there to stop them they would have abolished the NHS, cut benefits, eaten babies for breakfast etc etc. The Tories attempts to woo the UKIP vote will reinforce this message, which will not be an easy one for Camerion to dispel.
This discussion has been closed.