Howdy, Stranger!

It looks like you're new here. Sign in or register to get started.

politicalbetting.com » Blog Archive » The Lib Dem local by-election roller-coaster continues with tw

124»

Comments

  • JohnOJohnO Posts: 4,307
    malcolmg said:

    Who cares a jot , I am of the "there are only men and women" all the rest is just flim flam.
    And which of the two are you?
  • JonathanJonathan Posts: 22,100

    Going to Stoke myself tomorrow (short train ride from Nottingham). I think it's the more important of the two in any case - a loss to the Tories would be embarrassing but essentially a one-day wonder linked to the nuclear power issue, but a loss to UKIP would be a serious nuisance (which is why the Tories aren't really bothering in Stoke).
    That's like choosing between catastrophe and armageddon. How did it come to that?
  • PulpstarPulpstar Posts: 79,234
    Omnium said:

    What time this evening are we expecting Corbyn's latest appointees to either resign or be declared to be the favourite to replace him?

    Long Bailey is 3rd favourite on Betfair at 10.5/12.5.

    I'm trying to trade both sides, but ultimately keeping her ahead of 'someone else' who has been a consistently great dark horse in this contest thus far.
  • CD13CD13 Posts: 6,378
    Dr P,

    "Going to Stoke myself tomorrow (short train ride from Nottingham). I think it's the more important of the two in any case."

    Surely Jezza waving Brexit through will save the seat? A fair swap.
  • malcolmg said:

    Amazing how it is valid for rUK but absolutely a NO NO for Scotland, double standards on here are breathtaking
    I don’t remember anyone saying Scotland would not be entitled to what it had contributed to, just the complexity of determining what it was exactly and how to go about it.
  • malcolmg said:

    Who cares a jot , I am of the "there are only men and women" all the rest is just flim flam.
    Are you quoting Margaret Thatcher?
  • JonathanJonathan Posts: 22,100
    This may seem far fetched, but I am old enough to remember when Labour thought about how to take Tory seats, rather than choosing which one of its own seats it's better to lose.
  • chestnut said:

    ...

    We can effectively aim for differing bi-lateral relationships with each of the 27 nations if we choose, and they are not obligated to take a euro-line either.

    We could aim for that, but it would be a complete waste of our time. There's not a snowflake's chance in hell of the EU27 failing to agree a common position on freedom of movement (adjusted for the historical position of Ireland).
  • rcs1000rcs1000 Posts: 59,400

    Ummm... no. We would need 7,600 aircraft for £60bn in pennies (assuming we use the 747 cargo option with the 278kg payload). The aircraft would cost about £1.5tn - about 25 times the debt.
    Yeah, but at the end of which, we'd own a MASSIVE FLEET OF 747s!
  • RobDRobD Posts: 60,359
    rcs1000 said:

    Yeah, but at the end of which, we'd own a MASSIVE FLEET OF 747s!
    I wonder if economies of scale would help out with the final cost of such a fleet?
  • NickPalmerNickPalmer Posts: 21,677
    Jonathan said:

    That's like choosing between catastrophe and armageddon. How did it come to that?
    Sure, naturally we hope to hold both comfortably. But I think it makes sense to fight Stoke hardest, especially for me, since it's just down the road from me.

    Incidentally, I'm not standing in the County election in May after all as various personal priorities have had to take preecedence this time.
  • MarqueeMarkMarqueeMark Posts: 54,553
    rcs1000 said:

    Yeah, but at the end of which, we'd own a MASSIVE FLEET OF 747s!
    President Trump and Boeing would be very happy....

    AIrbus, not so much.
  • malcolmgmalcolmg Posts: 44,101

    While we continue to have liabilities, surely we must continue to enjoy benefits.

    Don't be a silly billy, no freebies
  • MarqueeMarkMarqueeMark Posts: 54,553

    We could use just one and do 7,600 flights but I think it would diminish the effect. They would have time to move the coins out of the way and Brussels would not be buried in a pile of gleaming coins.
    If this plan ever comes anywhere near fruition, then I think we should go long on copper futures....
  • malcolmgmalcolmg Posts: 44,101

    ... eventually.

    ... and pensions for whom. There are about 45,000 employees of the EU. I can understand liabilities for pension worth up until the day of leaving, after that those 45,000 are doing no work for the UK, any additional pension accruing after that shouldnt be anything to do with us.
    It will probably end up at £350M a week liability, all the pain with zero gain. How the Europeans will chuckle.
  • malcolmgmalcolmg Posts: 44,101
    rcs1000 said:

    I think it's quite a complex area, not least because most British EU civil servants are former UK civil servants, and therefore they will have rights regarding future contract variation. Even under UK law, I suspect the UK taxpayer has obligations under TUPE in certain cases, such as if a UK civil servant transfers to an EU body in the UK.
    Pension liabilities will be eye watering amounts.
  • malcolmgmalcolmg Posts: 44,101
    SeanT said:

    This gives US leverage. We can just walk away. We will survive. We are Britain. They are a bunch of semi-evolved Fascists and frog eating barbarians.
    The welchers are out on the streets
  • malcolmgmalcolmg Posts: 44,101
    DavidL said:

    I was giving him the benefit of the doubt and assuming it started a good while ago.
    Is it not always cocktail hour
  • PAWPAW Posts: 1,074
    I believe, if Scotland leaves rUK would stop paying pensions to scottish pensioners?
  • One penny pieces aren't legal tender above 20 pence, even in the UK.
  • CharlesCharles Posts: 35,758

    One penny pieces aren't legal tender above 20 pence, even in the UK.

    I thought legal tender doesn't mean what people thought it does? (It'a something do with acceptable settlement for a court ordered payment)
  • malcolmgmalcolmg Posts: 44,101

    Mr. G, a deal would be best. However, you must admit that more than a million pounds as the UK contribution alone for every single employee does seem a shade... large.

    I do agree with your implied suggestion that the pensions result would have implications for a future second Scottish vote.

    However, the same answer should apply to both. The UK pays the pensions of UK nationals who worked for the EU up till now, Scotland pays the pensions of Scottish nationals (if Scotland were to vote for separation) who worked for the UK.

    It would be clearly unfair if the UK tried to force an independent Scotland to pay for new and ongoing UK pensions, as it would be for the EU to try and force the UK to pay for EU pensions after we left.

    For EU/Civil servants at those levels , £1M pension liability will be well low MD. For me we will have a liability for all the existing workforce up to point we leave. That will be some lucrative contract to work out how much that equates to , but for sure it will be a huge sum. No matter what some of the more exitable peopel on here say re it is just pay and go , the pensions are a liability of the government that issued them and they will have to fork out. They will hold responsibility for the CETV till date of leaving eth scheme.
  • Mr. Meeks, there was a case in the US where a chap had to pay thousands for a silly reason. So he paid in cents and forced the state authorities to collect it (in accordance with the law).

    Think that was a few months ago.
  • malcolmgmalcolmg Posts: 44,101
    Charles said:

    I don't think anyone has questioned that iScotland would have a share of the UK's physical assets, although for practical purposes the starting point would be those assets located in iScotland. It was when people started claiming that iScotland owned 8% of "the pound" because that was an "asset" that it became silly.
    I never saw anyone claim that Charles, 8% of the pounds perhaps.
  • malcolmgmalcolmg Posts: 44,101
    JohnO said:

    And which of the two are you?
    Clue , I am not a woman
  • malcolmgmalcolmg Posts: 44,101

    I don’t remember anyone saying Scotland would not be entitled to what it had contributed to, just the complexity of determining what it was exactly and how to go about it.
    You must have been on a long break Simon. It will be complex for certain, especially at same time as EU retreat.
  • Ishmael_ZIshmael_Z Posts: 8,981
    Charles said:

    I thought legal tender doesn't mean what people thought it does? (It'a something do with acceptable settlement for a court ordered payment)
    If sued on a debt you can plead a defence of tender, which is a good defence provided 1. you did in fact tender the sum sought, in legal tender and 2. you pay the sum sought into court at the same time as pleading the defence.

    Or at least that was true when I were a lad workin down t' law school.
  • Charles said:

    I thought legal tender doesn't mean what people thought it does? (It'a something do with acceptable settlement for a court ordered payment)
    Pretty much:

    http://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines

    In the context of a fantasy about chartering planes to carry one penny pieces to Brussels to settle an adjudicated debt, it seemed a relevant point.
  • malcolmgmalcolmg Posts: 44,101

    Are you quoting Margaret Thatcher?
    No , myself.
  • JosiasJessopJosiasJessop Posts: 45,372
    malcolmg said:

    Clue , I am not a woman
    Are you sure, Eliza? ;)
  • malcolmgmalcolmg Posts: 44,101
    PAW said:

    I believe, if Scotland leaves rUK would stop paying pensions to scottish pensioners?

    I believe in fairies
  • malcolmgmalcolmg Posts: 44,101

    Are you sure, Eliza? ;)
    Happy to prove it "a la Trump" if you wish JJ
  • Ishmael_ZIshmael_Z Posts: 8,981
    malcolmg said:

    Clue , I am not a woman
    You can't say that, it's a completely unacceptable bit of binary patriarchalism. You mean:"I do not currently choose to self-identify as a woman".
  • Mr. Meeks, there was a case in the US where a chap had to pay thousands for a silly reason. So he paid in cents and forced the state authorities to collect it (in accordance with the law).

    Think that was a few months ago.

    That was in the US. They can't even drive on the correct side of the road.
  • CharlesCharles Posts: 35,758
    malcolmg said:

    I never saw anyone claim that Charles, 8% of the pounds perhaps.
    There were certainly people claiming they "owned" the pound sterling
  • foxinsoxukfoxinsoxuk Posts: 23,548

    Sure, naturally we hope to hold both comfortably. But I think it makes sense to fight Stoke hardest, especially for me, since it's just down the road from me.

    Incidentally, I'm not standing in the County election in May after all as various personal priorities have had to take preecedence this time.
    I am on the Labour double. As a Lib Dem I would happily tactically vote for each of the Labour candidates. In particular @GillTroughton is the sort of Leftie that I like, and it would be hard to put a cigarette paper between her and Tim Farron in terms of policy.
  • PAWPAW Posts: 1,074
    malcolmg - pensions, including civil service pensions are paid tax, there is no fund - scottish taxes would pay for scottish pensions?
  • CharlesCharles Posts: 35,758

    Pretty much:

    http://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines

    In the context of a fantasy about chartering planes to carry one penny pieces to Brussels to settle an adjudicated debt, it seemed a relevant point.
    Not adjudicated - negotiated - at least in my fantasy.
  • JosiasJessopJosiasJessop Posts: 45,372
    malcolmg said:

    Happy to prove it "a la Trump" if you wish JJ
    Now there's an offer ...
  • Pulpstar said:

    Long Bailey is 3rd favourite on Betfair at 10.5/12.5.

    I'm trying to trade both sides, but ultimately keeping her ahead of 'someone else' who has been a consistently great dark horse in this contest thus far.
    It's a false market, I'm at -23 against a book value of +100 (mostly +160 except for Lewis). I sort of see a route as the insiders' option but any leadership wrangling looks premature.
  • foxinsoxukfoxinsoxuk Posts: 23,548

    One penny pieces aren't legal tender above 20 pence, even in the UK.

    Surely EU law rather than UK would apply. Anyone know the equivalent EU law?

    I would have been concerned at the unessecary Co2 expenditure during the flights. Surely a few large dry bulk carriers and some barges would allow surface transport.

    Quite possibly the scrap value of the coins would exceed the monetary value!
  • Sure, naturally we hope to hold both comfortably. But I think it makes sense to fight Stoke hardest, especially for me, since it's just down the road from me.

    Incidentally, I'm not standing in the County election in May after all as various personal priorities have had to take preecedence this time.
    That's a shame, I was looking forward to the doorstep reports.
  • Beverley_CBeverley_C Posts: 6,256
    edited February 2017
    rcs1000 said:

    Yeah, but at the end of which, we'd own a MASSIVE FLEET OF 747s!
    Which then brings us to the next big problem - where do we park them? There are already more aircraft in the world than places to park them. The aviation industry needs them to be in the air unless we dramatically expand airport capacity.
  • malcolmgmalcolmg Posts: 44,101
    Ishmael_Z said:

    You can't say that, it's a completely unacceptable bit of binary patriarchalism. You mean:"I do not currently choose to self-identify as a woman".
    bollox to that canard
  • malcolmgmalcolmg Posts: 44,101

    Now there's an offer ...
    You should be afraid, very afraid
  • Surely EU law rather than UK would apply. Anyone know the equivalent EU law?

    I would have been concerned at the unessecary Co2 expenditure during the flights. Surely a few large dry bulk carriers and some barges would allow surface transport.

    Quite possibly the scrap value of the coins would exceed the monetary value!
    It's Article 11 of Regulation 974/98, and the answer is you're not obliged to accept payment involving more than 50 coins. There's an exception for issuing authorities and persons designated by member states, but I think that's basically mints and not for payment of a debt to the EU or sovereign states.

    In any event, it would probably be a negotiated deal and that would probably (although need not) have a payment clause with the boring details of acceptable form of payment.

    In the past, the scrap value of coins did exceed the face value at one time. But I don't believe that's the case now as metal prices are well off their peak.

  • SeanT said:

    This gives US leverage. We can just walk away. We will survive. We are Britain. They are a bunch of semi-evolved Fascists and frog eating barbarians.

    It is utter cr*p. The UK has been a net contributor to EU budgets in every one of our 44 years of membership. Yet somehow, if we walk away, we owe them money?

    It reminds me of the sort of articles that the Daily Mail used to run regularly over a decade ago, arguing that UK local government was somehow bankrupt because council borrowing collectively amounted to many multiples of billions. It was utterly specious, because it ignored the assets on the same balance sheets that were some two or three times those liabilities. A bit like arguing that someone owning a £250k house was bankrupt because they had a £100k mortgage.

    No doubt the Eurocrats are coming up with similarly specious arguments, looking at the liabilities side of the balance sheet while ignoring the assets.

    As for the argument that the UK somehow is responsible for EU pension liabilities, more fool the EU for choosing to run an unfunded pension scheme, unlike those in the UK public sector which are generally backed by investments. One of the consequences of unfunded pension schemes is that you carry big risks if your future sources of income dry up. The EU chose to run that risk and they must live with the consequences.

    The further good news is that we can indeed walk away, secure in the knowledge that the EU doesn't have any tanks and that the EU vehicle manufacturers will be more concerned to strike a deal to preserve some of their UK export markets than to convert capacity to massively expand production of armoured fighting vehicles for use against the UK.

  • Scott_PScott_P Posts: 51,453

    It is utter cr*p. The UK has been a net contributor to EU budgets in every one of our 44 years of membership. Yet somehow, if we walk away, we owe them money?

    Try divorcing your wife of 44 years and walking away without a settlement...
  • Beverley_CBeverley_C Posts: 6,256
    malcolmg said:


    Clue , I am not a woman

    Now there is a shocker..... :D

  • malcolmgmalcolmg Posts: 44,101
    Scott_P said:

    Try divorcing your wife of 44 years and walking away without a settlement...
    Hopefully not the voice of bitter experience there Scott.
  • Scott_PScott_P Posts: 51,453
    malcolmg said:

    Hopefully not the voice of bitter experience there Scott.

    :smile:
  • Scott_P said:

    Try divorcing your wife of 44 years and walking away without a settlement...
    Doesn't that rather depend who's the husband and who's the wife in that situation? Or, to put it in a less sexist way, who had the career and holds the assets, and who put their ambitions on hold to look after Bulgaria?
  • Black_RookBlack_Rook Posts: 8,905

    It's Article 11 of Regulation 974/98, and the answer is you're not obliged to accept payment involving more than 50 coins. There's an exception for issuing authorities and persons designated by member states, but I think that's basically mints and not for payment of a debt to the EU or sovereign states.

    In any event, it would probably be a negotiated deal and that would probably (although need not) have a payment clause with the boring details of acceptable form of payment.

    In the past, the scrap value of coins did exceed the face value at one time. But I don't believe that's the case now as metal prices are well off their peak.

    1. Mention nothing at all about form of payment, and hope they forget about it.
    2. Make entire payment in newly printed.one farthing notes.
  • John_MJohn_M Posts: 7,503

    One of the interesting things about this was that this 'gentleman' managed to get into Cambridge. I can understand Oxford admitting him, but Cambridge? ;)

    Seriously though, I did some silly things as a youth (and might still be making some). However I doubt I was ever so stupid as to do something quite as idiotic as that. To make matters worse, allowing it to be recorded and put online.

    We really need to start educating young people (and seemingly even the already intelligent) that if you put anything on t'Internet, you're broadcasting it to the world. It ain't secret. (*)

    (*) Unless you are very careful and use encryption. Which can be difficult to do, and relies on the person at the other end not to broadcast it unencrypted.
    Do not ever rely on encryption. While most algorithms are solid, implementations are not, and key distribution less so.
  • malcolmgmalcolmg Posts: 44,101

    Doesn't that rather depend who's the husband and who's the wife in that situation? Or, to put it in a less sexist way, who had the career and holds the assets, and who put their ambitions on hold to look after Bulgaria?
    You being all modern and trendy
  • Scott_PScott_P Posts: 51,453

    Doesn't that rather depend who's the husband and who's the wife in that situation? Or, to put it in a less sexist way, who had the career and holds the assets, and who put their ambitions on hold to look after Bulgaria?

    My bad. I should have said partner. A friend who had the more successful career than her husband recently divorced and she got totally screwed by him in the settlement.
  • Charles said:

    I thought legal tender doesn't mean what people thought it does? (It'a something do with acceptable settlement for a court ordered payment)
    From the Royal Mint.

    "Legal tender has a very narrow and technical meaning in the settlement of debts. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. It does not mean that any ordinary transaction has to take place in legal tender or only within the amount denominated by the legislation."


  • The further good news is that we can indeed walk away, secure in the knowledge that the EU doesn't have any tanks and that the EU vehicle manufacturers will be more concerned to strike a deal to preserve some of their UK export markets than to convert capacity to massively expand production of armoured fighting vehicles for use against the UK.

    The "you and whose army?" line is rather naive. Clearly, and thankfully, that sort of thing isn't on the cards (although give it three generations).

    What is at issue is whether it really is so obvious that Europe has more to lose from walking away without a deal than we do. Sure, we're one important market for some European exporters. But equally, our own exports compete with some European domestic production. Additionally, the consumer cost of lost trades resulting from tariffs will be spread across a huge number of European consumers, whereas the loses this side of the Channel will be focused on the much smaller population of the UK.
  • JosiasJessopJosiasJessop Posts: 45,372
    John_M said:

    Do not ever rely on encryption. While most algorithms are solid, implementations are not, and key distribution less so.
    I've been involved with implementing a 128-bit SSL implementation. We did loads of testing, and even then we were aware that issues with the compiler might introduce flaws.

    A certain Cheltenham-based organisation that I think you're aware of were very interested in our work, especially when we wanted to export it.

    Security is *really* difficult, and even the best system can be broken by one idiot.
  • Scott_PScott_P Posts: 51,453
    John_M said:

    Do not ever rely on encryption. While most algorithms are solid, implementations are not, and key distribution less so.

    On that note, this is a pain

    https://blog.qualys.com/securitylabs/2016/03/04/ssl-labs-drown-test-implementation-details

    If you have servers that share a wildcard SSL cert, if one of them is vulnerable you can then compromise all the others...
  • Speaking of such things, the PB Diplomacy game is at a critical juncture. Will the Russians crush all opposition? Can England survive? Will the Turks be crushed by their own Juggernaut?
  • Scott_PScott_P Posts: 51,453

    I've been involved with implementing a 128-bit SSL implementation. We did loads of testing, and even then we were aware that issues with the compiler might introduce flaws.

    A certain Cheltenham-based organisation that I think you're aware of were very interested in our work, especially when we wanted to export it.

    Security is *really* difficult, and even the best system can be broken by one idiot.

    I had a very interesting meeting with a couple of those gents where we explained to them why their wireless implementation manual couldn't work
  • John_MJohn_M Posts: 7,503
    Scott_P said:

    I had a very interesting meeting with a couple of those gents where we explained to them why their wireless implementation manual couldn't work
    The people writing policy are often not the same people who know how shit actually works. As the latter are rarer than hen's teeth (or rather, rarer than hen's teeth on HMG wages), they're often too busy to provide technical oversight.

    This is a perennial problem. I quintupled my take home when I moved out. Others have done even better. Hence the occasional emission of bullshit from the great Cheltenham blowhole.
  • MarqueeMarkMarqueeMark Posts: 54,553
    As I suggested at the time, have the visit during Recess. Problem solved.

  • The "you and whose army?" line is rather naive. Clearly, and thankfully, that sort of thing isn't on the cards (although give it three generations).

    What is at issue is whether it really is so obvious that Europe has more to lose from walking away without a deal than we do. Sure, we're one important market for some European exporters. But equally, our own exports compete with some European domestic production. Additionally, the consumer cost of lost trades resulting from tariffs will be spread across a huge number of European consumers, whereas the loses this side of the Channel will be focused on the much smaller population of the UK.
    Why do we have to impose tariffs? As Trump is going to find out with his idiotic tariffs on Mexico, the people who end up paying are the consumers and the levels of tariffs the EU will be allowed to impose under WTO rules are at a level that they are extremely unlikely to have much effect on demand. They are simply an additional tax on the consumer within the country imposing the tariffs. If the UK has any sense it will not impose tariffs - and certainly not on anything that is going to be used for manufacturing here and so adds value.
  • rcs1000rcs1000 Posts: 59,400

    Why do we have to impose tariffs? As Trump is going to find out with his idiotic tariffs on Mexico, the people who end up paying are the consumers and the levels of tariffs the EU will be allowed to impose under WTO rules are at a level that they are extremely unlikely to have much effect on demand. They are simply an additional tax on the consumer within the country imposing the tariffs. If the UK has any sense it will not impose tariffs - and certainly not on anything that is going to be used for manufacturing here and so adds value.
    Hear, hear. (Sadly, I suspect we will end up with tariffs.)
  • rcs1000rcs1000 Posts: 59,400

    I've been involved with implementing a 128-bit SSL implementation. We did loads of testing, and even then we were aware that issues with the compiler might introduce flaws.

    A certain Cheltenham-based organisation that I think you're aware of were very interested in our work, especially when we wanted to export it.

    Security is *really* difficult, and even the best system can be broken by one idiot.
    You let compilers near your code??

    I work out the opcodes my self. It's the only way to be sure.
  • MarqueeMarkMarqueeMark Posts: 54,553
    malcolmg said:

    The welchers are out on the streets
    We should just offer to pay it in installments. Thirty quid a week....
  • ArtistArtist Posts: 1,893
    Jonathan said:

    That's like choosing between catastrophe and armageddon. How did it come to that?
    If boundary changes don't go through I think Stoke would be much easier for Labour to win back at a subsequent election than Copeland.
  • PlankPlank Posts: 71
    Charles said:

    May be we could mint a special batch of 1p coins and fly a couple of planes over Brussels...
    I vote for airships.
  • malcolmgmalcolmg Posts: 44,101

    We should just offer to pay it in installments. Thirty quid a week....
    More like a tenner tops
  • AlsoIndigoAlsoIndigo Posts: 1,852
    edited February 2017
    NEW THREAD
  • Ishmael_ZIshmael_Z Posts: 8,981

    From the Royal Mint.

    "Legal tender has a very narrow and technical meaning in the settlement of debts. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. It does not mean that any ordinary transaction has to take place in legal tender or only within the amount denominated by the legislation."
    With respect to the Royal Mint, that is wrong. It may be that the court could insist that payments to it in be in legal tender, though in practice I have only ever known it done by solicitor's client account cheque. The point is that you cannot say "I offered payment and it was rejected so here I am making a payment into court" unless the offer you claim to have made was an offer of legal tender.
  • NickPalmerNickPalmer Posts: 21,677

    That's a shame, I was looking forward to the doorstep reports.
    Will still be on doorsteps supplying anecdotes for amusement...
This discussion has been closed.