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Above is the betdata.io trend chart showing the big movement to Corbyn in the next PM market.
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Above is the betdata.io trend chart showing the big movement to Corbyn in the next PM market.
Comments
I'd go for Johnny Mercer or Tom Tugendhat.
And then of course he has to win, so even 20/1 would be a stingy price. What am I missing?
1) If the government falls apart into incoherence (perhaps over "no deal Brexit"), he might take over the role in this Parliament.
2) If the government is defeated next year on a point fundamental to Brexit, the Conservatives might go into a snap election under Theresa May.
Like you, I see this as a long shot and laying Jeremy Corbyn is a keystone of my "Next Prime Minister" and "Next Conservative leader" markets strategy.
It is possible that Corbyn becomes PM without an election.
I don't buy the line that the DUP won't make Corbyn PM.
They made Martin McGuinness Deputy First Minister.
The DUP will back whoever gives them the most pork.
https://www.theguardian.com/media/shortcuts/2017/oct/31/knives-out-why-fox-news-declared-war-on-radiohead
Thank you.
So, IMO the current odds on Corbyn are probably too short, but not massively so in the circumstances.
The aimless drift, battles over Europe, whiff of decay and sleaze is all making me nostalgic for the 90's.
Jeremy Corbyn is tipped as favourite to be the next PM........................................................
By laying Jeremy Corbyn on the next Prime Minister market, it enables me to make certain other plays on the next Conservative Leader market.
This is a classic example of the betting markets reflecting naive opinion. PBers who have not yet filled their boots should not waste time in doing so.
On a related theme, I would suggest the Labour Most Seats price of 1.93 is way too big. I would suggest 1.66 is the more appropriate figure, with or without Mrs M in charge of the Tories.
http://www2.politicalbetting.com/index.php/archives/2016/04/15/is-it-now-the-left-who-bet-with-their-hearts/
Unlikely but not impossible.
Incidentally, are Assembly members actually getting paid, given that they can agree on a Government?
https://m.youtube.com/watch?t=61s&v=m-ZjldsoyAs
And on that, I will leave you for the afternoon.
There is a mounting sense in my view this all of 2016/17 is just a begining rather than a clarifying end. The weaker the Brexit deal that more febrile post Brexit politics will become.
Hopefully this will be a self denying prophecy and as things continue to deteriorate we collapse into a as a close to a status quo Brexit as possible as a shock absorber but at this stage who knows. And of course a Corbyn government wouldn't be the end of it. It's campaign pledges meeting reality would be a whole new begining.
I can't think of a worse time in British politics as I'm not quite old enough to remember the '70s properly.
Time to retreat to family, voluntary and charity work and the garden me thinks while the storm blows it's self out without hopefully blowing us all up.
Bet you've had some!
http://www.belfasttelegraph.co.uk/news/northern-ireland/northern-ireland-mlas-to-get-pay-rise-despite-no-work-and-call-to-halt-salaries-35573191.html
https://www.theguardian.com/uk-news/2017/oct/18/northern-ireland-power-sharing-talks-stalled-james-brokenshire
So the UK will either crash out or be forced to accept an "off the shelf" EEA transition in which budgetary contributions and acceptance of the acquis, ECJ and four freedoms will continue. May will be forced to recommend one of these options to the Commons. The opposition parties will vote against both of them and blame the Tories for their abject failure to get a better deal. They will demand May's immediate resignation. So unless the Tory remainers vote to go over the cliff or the Tory leavers vote to (effectively) stay in the EU May will not be able to carry the Commons and accordingly the government will have to resign.
This would land us in a major political and economic crisis and it would be clear that no new Tory leader could command a Commons majority for any Brexit policy. It is quite possible that this could lead to a Corbyn-led minority government for a short time even without a new election - the scale of the crisis could be such that immediate action to clarify the UK's future relationship with the EU would be needed, and it seems likely that a majority could be found for Labour's position - remaining in the EEA for a "transitional" period.
The odds against such a chain of events leading to Corbyn becoming the next PM are quite long but I'd say they are greater than 20-1.
I'm in my seventieth year and it is the first time I have felt despondent about the direction of the country. It has made a fundamental and irreversible change of direction and I do not see it recovering in my lifetime.
We really are in the midst of the Popish Plot.
Somehow 3/top 6 are overpriced...
Edit- or I have completely misread this market.
It's happened before...
My big positives across this and the Tory leader market are Davis, Raab, Hunt & McVey, with smaller plusses on some of the other next gen'ers.
Excellent post, and thank you Nick, but your last sentence needs clarification. Do you think 20/1 is too big or too small?
But the difference in percentage terms is small - 10/1 = 10%, 20/1 = 5% so low levels of probability.
1. Corbyn will never be PM.
2. Trump won't make it to 2020.
3. It is my strong belief that this tweet means Mr Bale might one day return to Spurs... normally he posts #Halamadrid in his tweets, that is missing here and a little bit vague too on his wishes....
https://twitter.com/GarethBale11/status/925704527898177537
And it's not as if London is short of bars if MPs or their staff want to imbibe. Of course this wouldn't stop misbehaviour but it might, just might, make it a little bit harder for it to happen, if there are members of the public around.
Even if the govt lasts until 2022 - will that be time for her to find a seat?
She surely would only go for a Scottish Westminster seat?
I'm already fed up with queuing for crap beer, so I don't want 1000+ MP, spads and assorted bag carriers clogging up the watering holes even more. They are very welcome to their subsidised bars.
The difference now I think is our depleted social capital makes crisis harder to weather. That and fake Social Capital formation replacing the real thing. Poppy Fascism on the Right kicking in as real WW2 veterans die off. Anti-capitalistism on the Left perpetrated by clicktivism via an iPhone.
The Philosopher's At be of 21st Century western politics will be real social capital formation in an automising, globalising world. If we don't find it it will be a grim period.
2) This piece (£) by Danny Finkelstein. Conclusion:
If the Conservative Party is still the great election-winning machine it prides itself on being, if it still has will, it cannot just stand there accepting that the obvious solution is impossible.
So let me give an example. The Conservative Party changes its rules to allow its Scottish leader to stand in the contest to be the overall party leader. And it delays any such contest until after the Scottish election in 2021.
If Ms Davidson were successful she would stand for Westminster and as leader for the next term in 2022 while Mrs May finishes the term as prime minister.
I can see every objection to this. Indeed with all my political experience I confess it looks, even to me, a little eccentric. But on the other hand how much less eccentric is knowing what to do, being able to do it, and doing nothing? That’s not eccentric, it’s bonkers. Does the party want to win or doesn’t it?
Always seemed like loads to me when I was working there - although I accept queueing often took a while.
I joined the party when the choice of David Cameron as leader demonstrated that, finally, they wanted to become a party of government again. I'll drift away if the party once again gives up on that.
F1: in shock news, man whose team has the best engine isn't happy at proposals to revamp engine rules:
http://www.bbc.co.uk/sport/formula1/41833948
On-topic: it's bloody depressing.
My eldest grandson is about to get married; he and his wife, both teachers, have, besides their student loans, a £200k mortgage on a modest ex-council house. A return to the interest rates of my middle age could be disastrous for them.
Do you have any idea how much it costs to train someone? To take someone experienced and stop them from doing their job in order to train and shadow someone who has zero experience?
If we were talking Sports Direct taking on someone for months of "experience" you may have a point. If they're taking on someone for a couple of days during their college's Work Experience Week then you don't really. Sports Direct aren't making any discernible profit on that. Quite the opposite it may even cost more to provide the training etc to give the individuals work experience but it is a way of giving back to the community.
I think there should be a very strict time limit to how long an unpaid internship can last. Maybe a week, maybe a month - if it is going on indefinitely then that is a job and should be paid.
As you and my Dad demonstrate tribalism and absolutism are powerful things when political combatants lose all perspective.
Edit - that said, I do agree with Mike's main point. Corbyn's odds should not be as short as they are. There is a chance that the government could fall before the next GE, via by-elections, defections, splits, the DUP walking or something of a similar nature, but the chances have to be quite remote. Absent that, and I agree with Mike that it's unlikely that May will last till 2022 and highly unlikely that she'll try to call another early election. And there is no other route to Corbyn becoming next PM.
If it is strictly time-limited like up to a month then that seems a good way of preventing abuse. Staff turnover and training is not cheap.
They’re trying to standardise more components and level the playing field a little, so it’s no surprise that Mr Woolf, who’s spent a couple of hundred million dollars at making the current engines the best in the field, is not entirely enthusiastic about having to do it all over again.
The proposals don't look very well thought out - and I'm not sure the other engine builders will be particularly delighted either, just as they are showing signs of getting on top of the existing regulations.
Anyway, engines aren't really the problem - vastly unequal funding is.
I agree entirely on funding, but other things are lopsided too. Ferrari has a veto on these regulations for example. No other team does.
I also see little hope. We simply have no politicians worthy of the job. Corbyn or JRM as possible future leaders? It would be hilarious if it was not so heartbreaking.
Loud noises are something (ironically) I rather dislike.
Mrs C, it's not a wonderful picture, but worth remembering that Domitian preceded the Golden Age of Imperial Rome.
This was the best country in the world in which to live. Nowadays, it is simply on borrowed time.
Security is not a good enough reason. We don't require them and their families to live within a walled compound.
It's a perk. And one past its sell by date if they can't be trusted to behave.
The very fact that Brexit is proving so difficult shows exactly how many powers were transferred, without any real form of consent, to what is at best a largely unaccountable bureacracy with very poor democratic checks and balances.
I regularly worked 18 hour days. Only recently was there a canteen open in the evening. If you worked late, you ate at home or bought a sandwich or did without. The idea that I and others should be drinking while working would have been inconceivable. Indeed, it would be a disciplinary offence. Not something to be indulged let alone subsidised.
Oh I see, Domitian = Gordon Brown and we are now prosperous!!
*facepalm*!
http://metro.co.uk/2017/03/25/pret-a-manger-backtracks-on-unpaid-internships-after-backlash-6532808/
The problem with unpaid internships of any sort is if you give big companies an inch they will take a yard, because the larger the company the more the bean counters will see it as a way to shave 0.01% off cotsts. Smaller companies in my experience are better, but often underpay or offer unpaid internships 'because we're so small we can't really afford to hire anyone at this time...' which is really just another form of cost cutting.
I believe in an honest day's pay for an honest day's work. I can't pay for the food on my table or the roof over my head with 'valuable experience'.
I do find it interesting that many of the old arguments against the minimum wage are now being trotted out to defend unpaid internships - as I said in the previous thread, it is my hope that one day a consensus develops around the need to pay people for an honest day's work.
I'm with Mr.D on this - ridiculous noise was just about acceptable when it was a by-product of producing the maximum power possible; now it's just a piece of pointless pandering to a subsection of motorsport enthusiasts.
All countries of any longevity have leaders bad and good, not unlike the business cycle meaning we always have recessions. Despair is rarely useful.
If we can avoid Comrade Corbyn wreaking economic and political ruin, things may very well improve.
Parliament is a serious business not some sort of teenage sleepover.