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• #78252
Wonder how they really feel at the FT, lol
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• #78254
Nah - last-night hi-jinks, boys will be boys etc.
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• #78255
BBC saying the cast iron commitment given yesterday morning by Liz Truss to push forwards with the 45% rate cut will be U turned by Kwasi Kwarteng live on Breakfast news in a bit.
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• #78256
Yeah but small fortunes were made in shorting the pound so still trebles all round
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• #78257
Surely something illegal about what kamikwarsi done???
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• #78258
Depends on whether there's any evidence he did something illegal I guess. Plenty of people saying that him getting pissed with a hedge fund is evidence of insider trading but it really isn't.
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• #78259
With his former boss and serial money cunt Crispin Odey? I'd say that's pretty damning
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• #78260
With his former boss and serial money cunt Crispin Odey? I'd say that's pretty damning
Damning enough to secure a charge or conviction?
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• #78261
Twitter got the scoop in the end.
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• #78262
Think it falls into the immoral rather than illegal bucket sadly but it stinks none the less
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• #78263
lol.
1 Attachment
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• #78264
Nevertheless I'm really happy for Mr Odey and his totally co-incidental good fortune whilst shorting the currency (again)
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• #78265
Good luck figuring out who had forewarning and who was just trading the market. Not denying it's super suspicious, was just pointing out that there is actully zero evidence of any wrongdoing at this point. And if you want to see criminal charges you need something more than having dinner with former colleagues.
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• #78266
Conservative Party Chairman Jake Berry:
People know that when their bills arrive, they can either cut their consumption or they can get a higher salary, higher wages, go out there and get that new job.
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• #78267
That is callous to the level of incredible!
source?
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• #78268
Live on Sky News Sophy Ridge show yesterday
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• #78269
wac
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• #78270
He said it in an interview on Sky yesterday, tin eared doesn’t even get close
Edit - BOOM above 😀
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• #78271
At the very least it shows an appalling lack of judgement in how it would look multiplied by not giving two fucks about how it would look to the power of entitled arrogance.
And while you’re right re evidence, I’d be astonished if there wasn’t some prior knowledge even if quite opaque. Which may be unfair (it isn’t) but that’s where we are with taking things at face value with these greedy, self serving Tory cunts and their links to dark money
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• #78272
That FT piece puts it very well. Supplying first-class public goods is also of economic (as well as social) benefit. These free-market fetishists are probably beyond saving, but I don't know why conservatives in general can't see that having a healthy, well-educated, mobile and generally secure-feeling populace is a much better economic engine than driving them to the edge of desperation in the hope that they'll somehow graft and innovate their way out of it and that everyone will somehow feel the benefit.
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• #78274
Yes people can cut consumption or get higher wages.
People seem to prefer the latter.
What the Tories need to do now is to make it easier for people to go out there and get higher wages, by...
encouraging trade union membership
forcing all employers to to recognise and talk to unions
and, making it easier for unions to call a strike.It's the right thing to do
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• #78275
I don't think even this timeline is mental enough for that to happen :D
Jaysus, did he at least get a telling off?