Comments on: The G20 summit should commit to growth http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/ Wed, 19 Jun 2013 07:10:54 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Tommyuk http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39283 Tommyuk Mon, 07 Nov 2011 09:10:29 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39283 Checksbalances For the UK economy to serve the interests of the UK population then Government control as you set it out would only work if we had impartial politicians(to the banks/finacial sectors, fuel cartels, Brussels and the like) and these politicians would have to operate in accordance with their election manifestos. I do not see a lot of evidence for this now or indeed over the last 30 years. The UK political system has intrinsic problems of corrupted values and a total lack of honesty when addressing peoples concerns. They are only interested in one thing, their own ambitions. People need some protection against rampant capitalism, for this to be so, we must then constrain market capitalism within limits that give a sufficient level of protection. The constant attack on pensions, salaries and working conditions driving down of the ordinary persons ambitions can only lead to strife. Checksbalances
For the UK economy to serve the interests of the UK population then Government control as you set it out would only work if we had impartial politicians(to the banks/finacial sectors, fuel cartels, Brussels and the like) and these politicians would have to operate in accordance with their election manifestos. I do not see a lot of evidence for this now or indeed over the last 30 years. The UK political system has intrinsic problems of corrupted values and a total lack of honesty when addressing peoples concerns. They are only interested in one thing, their own ambitions. People need some protection against rampant capitalism, for this to be so, we must then constrain market capitalism within limits that give a sufficient level of protection.
The constant attack on pensions, salaries and working conditions driving down of the ordinary persons ambitions can only lead to strife.

]]> By: Checksbalances http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39258 Checksbalances Sat, 05 Nov 2011 21:32:07 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39258 @FBreughel1 Supply side economy creates ever more deficits...in an ultra liberal economic landscape it creates poverty...that should be changed...less economic liberalism please! @FBreughel1 Supply side economy creates ever more deficits…in an ultra liberal economic landscape it creates poverty…that should be changed…less economic liberalism please!

]]> By: Checksbalances http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39257 Checksbalances Sat, 05 Nov 2011 21:28:22 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39257 @TommyUK1 There is only one answer...control the economy (like the Chinese do) and then specifically the financial markets let economy work for the people in stead of against them. Keep finance at a short lead. After all there is an inherent conflict of interest(dualism) between financial economists (cost cutting...supply side) and social economists (growth through employment), the latter jobs have to be paid by the income out of production and if you outsource that...... @TommyUK1
There is only one answer…control the economy (like the Chinese do) and then specifically the financial markets let economy work for the people in stead of against them. Keep finance at a short lead. After all there is an inherent conflict of interest(dualism) between financial economists (cost cutting…supply side) and social economists (growth through employment), the latter jobs have to be paid by the income out of production and if you outsource that……

]]> By: Checksbalances http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39253 Checksbalances Sat, 05 Nov 2011 21:21:01 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39253 @mgb500 The greatest culprits against a safe future of the world economy have (I think unknowingly at the time) been Thatcher and Reagan in the eighties. Ultra liberal supply side economics is eventually to lead to the greatest loss in employment in the productive (as opposed to the financial = gambling)sector. Regrettably most left wing parties in the west did follow that "religion"..probably because it seemed to be working well at the time (before Internet and the opening up of state controlled economies). And regrettably they never have seen and still do not see the light in the tunnel behind them.....(they have to make a U-turn as regards these policies)And far as Europe goes, I think quite a bit of blame may be put on the way quality was (not) controlled in British Industry in that period. Compare a BMW of that time with a Rover......More emphasis should have been put on proper work ethics. Finally another sentence put down in Mr Brown's previous blog about this "attitude" "Problem is politics is not about politics (the representation of people) anymore but there seems to be just one policy all over the board, representing markets, markets and markets…se Question Time last thursday Peter Hitchens was in my opinion the only one with the right attitude towards an electorate. I was furthermore flabbergasted by the way that according to a couple of members of the panel religion apparently has turned into something that is used as a cover against, rather than a believe …in a better future….FOR HUMANITY (rather than for capital...the legal pyramid game that is costing us our pensions for instance ..(I should be about to retire). @mgb500
The greatest culprits against a safe future of the world economy have (I think unknowingly at the time) been Thatcher and Reagan in the eighties. Ultra liberal supply side economics is eventually to lead to the greatest loss in employment in the productive (as opposed to the financial = gambling)sector.

Regrettably most left wing parties in the west did follow that “religion”..probably because it seemed to be working well at the time (before Internet and the opening up of state controlled economies). And regrettably they never have seen and still do not see the light in the tunnel behind them…..(they have to make a U-turn as regards these policies)And far as Europe goes, I think quite a bit of blame may be put on the way quality was (not) controlled in British Industry in that period. Compare a BMW of that time with a Rover……More emphasis should have been put on proper work ethics.

Finally another sentence put down in Mr Brown’s previous blog about this “attitude”

“Problem is politics is not about politics (the representation of people) anymore but there seems to be just one policy all over the board, representing markets, markets and markets…se Question Time last thursday Peter Hitchens was in my opinion the only one with the right attitude towards an electorate. I was furthermore flabbergasted by the way that according to a couple of members of the panel religion apparently has turned into something that is used as a cover against, rather than a believe …in a better future….FOR HUMANITY (rather than for capital…the legal pyramid game that is costing us our pensions for instance ..(I should be about to retire).

]]> By: Tommyuk http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39150 Tommyuk Fri, 04 Nov 2011 08:45:29 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39150 mgb500 I think you have got one or two thing distorted in your response. When Labour came to power they had to refinance and rebuild the education sector because the Conservatives had stripped it to the bone. I know this from my own experiences working within the education sector from 1982 until I retired 2 years ago. Also, it was Margaret Thatchers successive Governments that allowed our Industrial/manufacturing base to be destroyed in favour of our continental friends wishes and to satisfy her own political dogma against the Miners. I doubt that your children will be paying for Mr Browns mistakes, it is the catastrphic failure of the financial/banking sectors we will all be paying for. They are beyond Government control now and have been for a long time. We as a nation are also partly to blame for the state of our economy, how many of you actually buy British? I bet most of you buy from China/Taiwan/Japan/Germany etc, without thinking of the balance of payments deficit or indeed British jobs!! I have observed people in Germany over many visits, they always buy German first, second and third. mgb500
I think you have got one or two thing distorted in your response.
When Labour came to power they had to refinance and rebuild the education sector because the Conservatives had stripped it to the bone. I know this from my own experiences working within the education sector from 1982 until I retired 2 years ago.
Also, it was Margaret Thatchers successive Governments that allowed our Industrial/manufacturing base to be destroyed in favour of our continental friends wishes and to satisfy her own political dogma against the Miners. I doubt that your children will be paying for Mr Browns mistakes, it is the catastrphic failure of the financial/banking sectors we will all be paying for. They are beyond Government control now and have been for a long time. We as a nation are also partly to blame for the state of our economy, how many of you actually buy British? I bet most of you buy from China/Taiwan/Japan/Germany etc, without thinking of the balance of payments deficit or indeed British jobs!! I have observed people in Germany over many visits, they always buy German first, second and third.

]]> By: mgb500 http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39138 mgb500 Thu, 03 Nov 2011 21:05:58 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39138 Why is Reuters giving air time to this idiot Brown? I would have thought, a respectable organisation like Reuters would run a mile from a man, Mr End to Boom & Bust, who inherited an economy in surplus - and then proceeded to comprehensively destroy that same economy! His destruction was so appalling, that the children of the electorate when he was PM, will be paying for his gross incompetence. Then, we come to Brown's Treason - Reuters seem to have overlooked the fact that Brown betrayed the UK to his masters in Brussels! Oh, and don't forget Brown's destruction of the UK's education system, the manufacturing base, the nation's pension provision, the armed force; he let the banks run riot - sat & watched like a panda! Perhaps Reuters should consider their reputation a little more closely before giving Brown any more publicity! My kids will be paying for what that, I hesitate to use the word..."man" did! Why is Reuters giving air time to this idiot Brown?

I would have thought, a respectable organisation like Reuters would run a mile from a man, Mr End to Boom & Bust, who inherited an economy in surplus – and then proceeded to comprehensively destroy that same economy! His destruction was so appalling, that the children of the electorate when he was PM, will be paying for his gross incompetence.

Then, we come to Brown’s Treason – Reuters seem to have overlooked the fact that Brown betrayed the UK to his masters in Brussels!

Oh, and don’t forget Brown’s destruction of the UK’s education system, the manufacturing base, the nation’s pension provision, the armed force; he let the banks run riot – sat & watched like a panda!

Perhaps Reuters should consider their reputation a little more closely before giving Brown any more publicity!

My kids will be paying for what that, I hesitate to use the word…”man” did!

]]> By: TommyUK1 http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39123 TommyUK1 Thu, 03 Nov 2011 13:30:06 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39123 Mr Brown (and his predecessor) made some big mistakes (over extending UK borrowing) leading up to 2008/9, then events overtook him and the UK Government along with all the other borrowing nations. Sensible borrowing that is used for improving infrastructure, industrial modernisation, education, health care etc can be good for the nation in the long run. Borrowing to fund futile wars, to prop up despotic regimes, to pay large numbers of the population not to work etc is a recipe for disaster. Pouring borrowed money into banking/financial markets to cover up their gross stupidity is in fact gross stupidity. To then expect the taxpayers to shoulder such burdens is an offence against common sense and fairness. The western nations need to unite in their approach to solving this problem and all those policy makers must be held to account by law so that they do not put at risk the livelihoods of the vast majority of people (voters, taxpayers....). They get themselves elected and then do nothing to help those who elected them. Similarly the banks/financial sectors steal from the poor to fund the rich with a proportion of wealth way beyond what is reasonable for the vast majority. Both the political establishment and global banking/financial/corporate sectors are in this together for their own interests, the rest of us are just pawns in this gigantic and fraudulent chess game. At the heart of this lies greed, dishonesty and stupidity. There is enough for every nation and within each nation there is enough for all, the problem is too few have too much and too many have too little. Governments are not regulating this for the benefit of their people, they (government) are part of the problem. In the past, war has followed these conditions and it is the many (ordinary) who usually suffer in war so that these corrupt systems continue (possibly modified) into the future. Brown does not have all the answers and it seems no one else has either! Where are the leaders and what are they doing, I cannot see it. Mr Brown (and his predecessor) made some big mistakes (over extending UK borrowing) leading up to 2008/9, then events overtook him and the UK Government along with all the other borrowing nations. Sensible borrowing that is used for improving infrastructure, industrial modernisation, education, health care etc can be good for the nation in the long run. Borrowing to fund futile wars, to prop up despotic regimes, to pay large numbers of the population not to work etc is a recipe for disaster.
Pouring borrowed money into banking/financial markets to cover up their gross stupidity is in fact gross stupidity.
To then expect the taxpayers to shoulder such burdens is an offence against common sense and fairness.
The western nations need to unite in their approach to solving this problem and all those policy makers must be held to account by law so that they do not put at risk the livelihoods of the vast majority of people (voters, taxpayers….). They get themselves elected and then do nothing to help those who elected them. Similarly the banks/financial sectors steal from the poor to fund the rich with a proportion of wealth way beyond what is reasonable for the vast majority. Both the political establishment and global banking/financial/corporate sectors are in this together for their own interests, the rest of us are just pawns in this gigantic and fraudulent chess game.
At the heart of this lies greed, dishonesty and stupidity. There is enough for every nation and within each nation there is enough for all, the problem is too few have too much and too many have too little. Governments are not regulating this for the benefit of their people, they (government) are part of the problem.
In the past, war has followed these conditions and it is the many (ordinary) who usually suffer in war so that these corrupt systems continue (possibly modified) into the future. Brown does not have all the answers and it seems no one else has either! Where are the leaders and what are they doing, I cannot see it.

]]> By: invisiblesilvie http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39122 invisiblesilvie Thu, 03 Nov 2011 12:48:42 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39122 Advice from the man who destroyed the very fabric of the British society and its finances!! I would rather take an advice from my Lawn Mower than this man who was running like a headless chicken. It is the sign of the times when people like him are given space at Reuters. Advice from the man who destroyed the very fabric of the British society and its finances!!
I would rather take an advice from my Lawn Mower than this man who was running like a headless chicken.
It is the sign of the times when people like him are given space at Reuters.

]]> By: charlieboy http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39120 charlieboy Thu, 03 Nov 2011 11:17:17 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39120 Most people in the UK have experienced Brown economics learnt on the hoof so I am very puzzled as to why reuters wants to give any space to a rather disgraced ex PM and Chancellor Most people in the UK have experienced Brown economics learnt on the hoof so I am very puzzled as to why reuters wants to give any space to a rather disgraced ex PM and Chancellor

]]> By: diddums http://blogs.reuters.com/great-debate/2011/11/02/the-g20-summit-should-commit-to-growth/comment-page-1/#comment-39119 diddums Thu, 03 Nov 2011 08:35:15 +0000 http://blogs.reuters.com/great-debate/?p=10872#comment-39119 Gordon, read our lips. The market needs growth, the people need sustainability. Gordon, read our lips. The market needs growth, the people need sustainability.

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