For all those that voted Tory...

[TJB]

The banks had to be bailed out, just so happens labour was in power at the time = blamed.

I thought the banks had to be bailed out because they weren't properly regulated by the Government at the time.


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[consoles]

Far as i'm aware the bank of England regulates the UK banks ?

[Bald Bouncer]

I thought the banks had to be bailed out because they weren't properly regulated by the Government at the time.

The banks deregulation was the Thatcher government in 1986 and I remember the warnings at the time of what could happen.

[DavidF]

The banks deregulation was the Thatcher government in 1986 and I remember the warnings at the time of what could happen.

Beat me too it - but you also missed a large point - THEY STILL HAVE NOT BEEN REGULATED and the economists that were ridiculed and ignored are telling us we are merrily heading in the same direction again....after a full 7 years since the crash all 3 parties Labour, LibDem and Conservative have done nothing about it and stuck their head in the sand.

[TJB]

The banks deregulation was the Thatcher government in 1986 and I remember the warnings at the time of what could happen.

I'm way too young to remember that but when it did go tits up, Labours overspending left the country exposed. I'm not pro Conservative btw, I'm just pointing out why I think Labour has been left high and dry.

[Bald Bouncer]

I'm way too young to remember that but when it did go tits up, Labours overspending left the country exposed. I'm not pro Conservative btw, I'm just pointing out why I think Labour has been left high and dry.

Didn't really want to get drawn into this thread as I find it all very moot now the people have decided to elect a Tory government and that's democracy so we all have to live with it like it or not but I do hope people can see beyond election propaganda.

I hated the Blair government as it was formed as a reaction to the Thatcher government abandoning core principles and driving us into unjustified and illegal wars, Brown was part of and complicit in these actions so am no fan of the previous Labour government but the finger pointing and blaming includes immigrants, previous government, unemployed and people getting old this is all bollox as the reason is simple it was the banks and no one else that caused this and ALL previous governments ignored the warnings.

In 1997 Labour inherited a deficit of 3.9% of GDP and by 2008 it had fallen to 2.1% so it's implausible and ludicrous to claim there was overspending, the IMF have also concluded the same. They reveal the UK experienced an increase in the deficit as result of a large loss in output/GDP caused by the global banking crisis and not even as result of the bank bailouts, fiscal stimulus and bringing forward of capital spending. It's basic economics: when output falls the deficit increases. the large loss in output occurred because the UK like the US have the biggest financial centres and as this was a global banking crises we suffered the most. Hence, the UK had the 2nd highest deficit in the G7 (Not The World) after the US and not as a result of overspending prior to and after 2008- as the IMF concur.

[beansontoast]

Presumably Gideon wrote himself a note on Wednesday night for the treasury, that read: "There is no money left"

This election outcome is horrible. But as BB says that's democracy and now we have to come to terms with it over the next four years & 360ish days.

[DavidF]

I feel the same BB. I actually feel tired and mentally exhausted by it all. It is obvious that I am in a minority of people who want a socialist government and am willing to pay for it. I am also in a minority of socialist thinking people who actually can be bothered to take approx 10 mins out of their life every 5 years to vote. (detour to polling booth and actually mark ballot paper)
The non voters won by a huge majority yesterday.....as they have for god knows how long.
My new fear is which way the Labour party will lurch...and they will lurch one way or another. I feel if they swing right they will loose northern england and probably wales too. If they swing left the media will just continue to attack whoever it is that leads the party.
But that is enough from me - I am not bothered for another year or so as it really makes no difference when we don't have a vote to make....we have what "we" voted for and now it's time to smile and get on with it....oh and top up that health insurance lol.

[flumperino]

I'm guessing that we're looking at 10 years of tory rule now.

5 years of Cameron. 5 years of Boris.

[Ganty]

I'm guessing that we're looking at 10 years of tory rule now.

5 years of Cameron. 5 years of Boris.

This thought chills me to the fucking core.

37% of voters voted Tory, so they won the "majority" vote. Gotta love FPTP.

Ah well, I've always wanted to have a look around a food bank, hopefully they'll be a few pop up near me soon.

[TJB]

In 1997 Labour inherited a deficit of 3.9% of GDP and by 2008 it had fallen to 2.1% so it's implausible and ludicrous to claim there was overspending, the IMF have also concluded the same. They reveal the UK experienced an increase in the deficit as result of a large loss in output/GDP caused by the global banking crisis and not even as result of the bank bailouts, fiscal stimulus and bringing forward of capital spending. It's basic economics: when output falls the deficit increases. the large loss in output occurred because the UK like the US have the biggest financial centres and as this was a global banking crises we suffered the most. Hence, the UK had the 2nd highest deficit in the G7 (Not The World) after the US and not as a result of overspending prior to and after 2008- as the IMF concur.

If the fact Labour's profligacy caused the recession was a myth then Miliband should have got the message out during the campaign. Like you say, it's all a moot point now but after watching the leaders debates and the news coverage over the last couple of days I can safely say the they're all a bunch of slimy bastards who couldn't give a straight answer if their life depended on it.

[ilscuro]

Labour were on to a loser as soon as Miliband was elected leader of the party imo, zero charisma, no chance.

[Geko]

Twas all our fault (Scottish voters) for having the cheek to vote for a different party. Coupled with our want for a referendum and to maybe decide our own spending and tax raising powers. Well that is the verdict of the Labour party and some of it's supporters.
Can I just give a two minute background update to my local area. Labour held for 40+ years. In that 40 years we have seen ALL our industry gone, Anti Trade union laws imposed, Poll tax imposed, Cities and towns decimated. In the last 5 years its been cuts cuts cuts and more of the same.
Labour have done NOTHING to redress these issues. Even during the feel good years of the millennium ect there was no real change in Scotland or more specifically my local area.
So we got a new parliament and a voting system designed to ensure that no party would ever singularly control the Scottish Parliament....WRONG - If you can offer an alternative that appeals to people then you actually might be on a winner.
Then the referendum - Close run thing - But everyone I know accepts the outcome and have actually got on with their live's BUT - Nobody forgot that Labour jumped into bed with the Tories (Not very popular up here lol). Stupid does no even cover it - coupled with their desertion of their core voters from Blair onwards (Labour moved right...or centre as its called these days) and an invigorated Scottish voting public who they even in the run up to this election ignored and disregarded...What did Labour or anyone else expect ?
A friend of mine went to see our local Labour Mp a few months back - housing issue -His response "Sorry I don't do housing". Several other similar reports about this same Mp. The local SNP councillor on the other hand has worked tirelessly in the area - She is/was available almost 24/7...a bloody good public servant - She has just stood for election here and has won the seat with a 16,000 swing....a lot of that 16,000 is from people fed up with their local Mp just effectively drawing a salary and sitting comfortably in what were always considered safe seats.

My new hope is that there springs up 3 new parties in the UK - English National party, Welsh National party and Ni National party - Then if they are of similar intent we could have a national interests coalition where nobody is fearful of "Those nasty SNP" or such like.
I actually don't want the UK to break up - But I DO want to feel that my vote counts for something.

Anyway still a crap turnout - 64% is still diabolical and the non voters would have won the election for any party that run yesterday....makes you think eh ?
Lastly I do also think we need proportional representation but you now have a conservative government who are the main party dead against it so even with all the outcry and moaning that is not going to change during this parliament imho.

I am completely behind Scotland getting to control its own affairs. I am also completely for the scrapping of the Barnett formula.

[Argyll]

I am completely behind Scotland getting to control its own affairs. I am also completely for the scrapping of the Barnett formula.

I assume you belong to the many who think England subsidises the Scots? The truth is although Scotland receives more money per head of population we actually generate more tax so we contribute £1700 more to the treasury coffers per head than England,

Incidentally Northern Ireland receives more per head than Scotland.

If you want to scrap the Barnett formula then we should be allowed to keep our oil and gas. I think that's fair.

[Argyll]

Twas all our fault (Scottish voters) for having the cheek to vote for a different party. Coupled with our want for a referendum and to maybe decide our own spending and tax raising powers. Well that is the verdict of the Labour party and some of it's supporters.
Can I just give a two minute background update to my local area. Labour held for 40+ years. In that 40 years we have seen ALL our industry gone, Anti Trade union laws imposed, Poll tax imposed, Cities and towns decimated. In the last 5 years its been cuts cuts cuts and more of the same.
Labour have done NOTHING to redress these issues. Even during the feel good years of the millennium ect there was no real change in Scotland or more specifically my local area.
So we got a new parliament and a voting system designed to ensure that no party would ever singularly control the Scottish Parliament....WRONG - If you can offer an alternative that appeals to people then you actually might be on a winner.
Then the referendum - Close run thing - But everyone I know accepts the outcome and have actually got on with their live's BUT - Nobody forgot that Labour jumped into bed with the Tories (Not very popular up here lol). Stupid does no even cover it - coupled with their desertion of their core voters from Blair onwards (Labour moved right...or centre as its called these days) and an invigorated Scottish voting public who they even in the run up to this election ignored and disregarded...What did Labour or anyone else expect ?
A friend of mine went to see our local Labour Mp a few months back - housing issue -His response "Sorry I don't do housing". Several other similar reports about this same Mp. The local SNP councillor on the other hand has worked tirelessly in the area - She is/was available almost 24/7...a bloody good public servant - She has just stood for election here and has won the seat with a 16,000 swing....a lot of that 16,000 is from people fed up with their local Mp just effectively drawing a salary and sitting comfortably in what were always considered safe seats.

My new hope is that there springs up 3 new parties in the UK - English National party, Welsh National party and Ni National party - Then if they are of similar intent we could have a national interests coalition where nobody is fearful of "Those nasty SNP" or such like.
I actually don't want the UK to break up - But I DO want to feel that my vote counts for something.

Anyway still a crap turnout - 64% is still diabolical and the non voters would have won the election for any party that run yesterday....makes you think eh ?
Lastly I do also think we need proportional representation but you now have a conservative government who are the main party dead against it so even with all the outcry and moaning that is not going to change during this parliament imho.

Proportional representation would result in a lot more hung parliaments. The only ones banging on about PV are UKIP because it didn’t suit them yet they didn’t say much about it beforehand.

Had Labour won every Scottish seat the Tories would still have gained a majority. The Tories won their election in the South of England, the Scots vote wouldn't have affected it. They won it because the Tory south were worried about a Labour/SNP coalition and didn’t want the Scots having a say in the running of the nation.

Only seven months ago Cameron was bleating on about how we were ‘Better Together’. Now he’s saying the Scots are a threat if we have a say in Westminster. Not much a ‘union’ if you ask me.

What I can’t understand is the fact the SNP supported ending austerity while the Tories support it and couldn’t tell us where the next 12bn of cuts were coming from. Yet most of the electorate down south seen the SNP as a threat! It beggars belief.

If anything I see it as a victory for Scotland as it will only make more Scottish Unionists sit up and take notice. Yeah those thick cunts that bleat on about remaining a union but don’t know why!


They’ll be another referendum within five years and we have a much better chance of winning. I just feel sorry for the strong Labour strongholds in England that don’t have an alternative.

[Geko]

If you want to scrap the Barnett formula then we should be allowed to keep our oil and gas. I think that's fair.

Keep 'your' oil and gas.

Oil is becoming more complicated to extract. And the supply of north sea oil and gas is running low. We are also in a period of low demand thanks to the Americans. In the long term, the taxes on the revenue are not likely to keep rolling in as we move towards green energies.

I am completely pro an independent Scotland. If I was Scottish, I'd be pissed off that votes take place 400 miles away which affect my life. As a Londoner, I am also envious that you have free education and prescriptions. So... I'll be glad to see you go. Why should we all have essentially the same government and yet have a certain percentage enjoying free education and prescriptions? Same applies to N.Ireland and Wales. If you have your own independent government and still get all these perks... Then that doesn't feel quite such a kick in the nuts.

[Argyll]

Keep 'your' oil and gas.

Oil is becoming more complicated to extract. And the supply of north sea oil and gas is running low..

Incorrect! It was widely reported by the media it was running low during the independence referendum but that has proven to be complete pish plus the fact they found a massive oil field near Scara Brae but it was kept hush hush during the referendum.

Yes we have free prescriptions and free uni education but we don't get any extra money for it.

We have the same government but they only have the South of England's interests at heart. The North of England and Scotland are merely considered colonies by WM. We are run by the same government but the standard of living is far higher in the South than the North. I lived in London for 8 years.

[4me2]

Ganty you must update the page.

[Argyll]

http://www.bbc.co.uk/news/uk-scotlan...iness-29739085

Announced one month after the referendum

[Argyll]

Sorry 4me2 I know you normally like to post the news. I didn't want to steal your thunder