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politicalbetting.com » Blog Archive » On the day the Premiership returns the big political story is

The big political news for the tabloids is the huge concession that Boris Johnson has made over the provision of meal vouchers to a million plus poor children. This followed an intervention by the Manchester United footballer Marcus Rashford.
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F1: qualifying market's up on Ladbrokes and there are some more race markets. Not inclined to bet this early on the first race of the year. The thing that most catches my eye is Vettel at 3.25 for a podium, perhaps. Verstappen not to be classified at 7.5, perhaps due to reliability or starting woe.
But, as I said, too early to say, I think.
Bolton’s book, The Room Where It Happened, will be a critical account of the Trump administration, according to the publisher. Bolton “shows a president addicted to chaos, who embraced our enemies and spurned our friends, and was deeply suspicious of his own government”.
And I don't know if this was covered yesterday but the furore over dexamethasone seemed over the top.
What really matters is that the government of the day prioritises re-balancing between them when the gaps get big. So raising pensioners incomes through the 80s, 90s and into the 00s was entirely right. Now its long overdue to reduce govt spending for that group and prioritise workers.
https://twitter.com/BillKristol/status/1272234840432263169
Or are they expecting pay deferred for now to be paid back next year?
Boris Johnson's failure to release report on Russian election interference is an 'affront to democracy' say opponents
The report was presented to Johnson last October, but was reportedly held back by his government in advance of last year's general election due to the "embarrassing" links it revealed between the Russian secret service and donors to the Conservative party.
https://www.businessinsider.com/boris-johnson-russia-report-affront-to-democracy-cross-party-letter-2020-6?r=US&IR=T
Next year up, so pensions get perhaps 7% increase.
Overall pensions up about 10% whilst wages likely down.
It is increasingly obvious to me, particularly with increased testing and hospital capacity, that patients should be seen early, swabbed and get baseline inflammatory and renal markers done, to pick out those at most risk.
On a related point, the antibody test results (Abbott IgG in my Trust) continue to give a positivity rate around 10%, even in those who think they might have had it. Mine was negative. There seems to have been a similar virus around, or we all had coronachondria, or we don't all produce antibodies.
https://twitter.com/MarcusRashford/status/1273141306626359300
interesting definition of competent
DanieLOL!!!!111eleven
I guess you want to go back to the time of ham and mash and an all white populace. Not going to happen buddy...
On another front, this deserves more attention - it includes all the major county councils:
https://www.theguardian.com/society/2020/jun/17/conservative-councils-warn-covid-19-second-wave-could-lead-to-bankruptcies
I’m going to be in real trouble.
https://twitter.com/John_Cotter/status/1272974789435707392
Rashford - 1
Johnson - 0
Than
Starmer - 1
Johnson - 0
Though again Starmer played this smarter than the Labour Party which tried to claim credit.
Starmer / good guys 7
Johnson / liars 0
And like any good thrashing, it's good to see the goals shared around...
A great bit of commentary on the seventh goal from Motto would be something like "...the ball whipped into the box and Rashford lashes it in between the legs of the hapless overweight keeper..."
I can't even see a consolation goal for the liars anytime soon, can you?
As long as it is clear it is restored the following year.
The M3 money numbers are pretty dramatic, especially for USA. Monetarists are blowing whistles.
Cynical, moi?
How is this good for society?
Even Vietnam war hasn't produced the extreme spike we have at the right of the graph.
https://fred.stlouisfed.org/series/MABMM301USM189S
Good luck getting all of those right all the time.
I once had so much difficulty remembering the names of one very large class I wrote a detailed report for a student that was home schooled. Fortunately my then boss spotted it.
Who runs No.10 comms?
Never has 7% of GDP been sacrificed for so few.
The 2.5% minimum increase was there under Labour. Osborne swapped the RPI for CPI which is a lot lower. Often in the past decade RPI has exceeded 2.5% whereas CPI has struggled to do so. Osborne also reinstated the link to average earnings at a point when he knew that the recession he was engineering would lead to depressed real wage growth, which greatly devalued the earnings link.
EG the rise last year looks absolutely massive compared to early on, but in percentage terms it is higher but as much as it appears to be.
Though I prefer the simpler explanation of his just being an utter dick. An opinion which probably unites both Republicans and Democrats.
And I suspect the DFID announcement was aimed at Tory MPs - which as Mr Navabi of this parish observed may be preparing the ground for some concessions in the Brexit negotiations....
https://www.stockinvestor.com/47897/these-two-charts-cannot-be-ignored-by-investors/
I also think that it's sensoible that Labour isn't running around claiming any credit (to the point that I don't think most people are aware of the above). It's Rashford's achievement, and we simply supplied the means to force the Government's hand. MPs have noticed the subtlety, though, and that will be quietly beneficial in the longer term.
In the first year there is a major drop in wages, triple lock ensures a 2.5% rise in pensions.
In the second year there is a major increase in wages (but really a reversion), triple lock ensures a major increase in pensions.
To deal with the anomaly the lock needs to be suspended for two years, to cover both the fall and return back to where it was.