Osbourne Speech at Conservative Party Conference
Osbourne Speech at Conservative Party Conference
Author
Discussion

JakeR

Original Poster:

3,950 posts

299 months

Monday 29th September 2008
quotequote all
http://www.conservatives.com/News/Speeches/2008/09...


It's quite long, but lands a few blows right on Brown's nose... Good speech I thought...

Cheers

JakeR

maxrider

2,481 posts

266 months

Monday 29th September 2008
quotequote all
Ozzy at the conservative conference then?

JakeR

Original Poster:

3,950 posts

299 months

Monday 29th September 2008
quotequote all
maxrider said:
Ozzy at the conservative conference then?
smile I think it was his brother George

maxrider

2,481 posts

266 months

Monday 29th September 2008
quotequote all
JakeR said:
maxrider said:
Ozzy at the conservative conference then?
smile I think it was his brother George
Whoooosh

Welshbeef

49,633 posts

228 months

Monday 29th September 2008
quotequote all
Very good.

Game over GB.



Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.

JakeR

Original Poster:

3,950 posts

299 months

Monday 29th September 2008
quotequote all
Always with the serious responses biggrin

Puggit

49,820 posts

278 months

Monday 29th September 2008
quotequote all
Apparently Osbourne was writing his speech as Brown was parading in New York.

Brown said: "This has been an age of global prosperity. It has also been an era of global turbulence and where there has been irresponsibility we must now clearly say the age of irresponsibility must be ended."

Osborne retorted: "Gordon Brown has now accurately described his time in office as the 'age of irresponsibility'. For ten years he presided over a debt-fuelled boom and failed to call time on debt. The age of irresponsibility has now become the age of hypocrisy."

The result is in the speech that he gave today, a stunning own goal by the gormless one.


FourWheelDrift

92,345 posts

314 months

Monday 29th September 2008
quotequote all
Welshbeef said:
Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
Yes, Labour screw everything up by a mixture of spiralling costs, nationalisation and taxation to pay for it all and the following government have to sort it all out. Unfortunately turning around a ruined economy is like trying to stop a bulk oil carrier. When you apply the brakes and hit reverse it still carries on for a few more miles. It's not until year 2 or 3 of the new government that changes made start to take effect and not until year 4 or 5 that everyone notices the differences, which usually triggers a landslide election victory for the Conservative government. Then after 10 or so years of a solid economic environment the average voter forgets what a shower of st the last Labour government was and starts to believe their new spin and follow the "change for changes sake" mantra as before. The newly voted in Labour government basks in the economy and success of the previous Conservative government claiming it for themselves and then buys it's first re-election with a combination of buying votes from the benefits population and lower wage workers and marginal constituencies and hiding the costs within new taxation policies that only come to light when their false economy starts to disintegrate and they start pointing fingers at everyone but themselves.

esselte

14,626 posts

297 months

Monday 29th September 2008
quotequote all
Welshbeef said:
Very good.

Game over GB.



Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
Surely the Democrats are America's version of Labour....?

JagLover

46,811 posts

265 months

Monday 29th September 2008
quotequote all
Welshbeef said:
Very good.

Game over GB.



Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
confused

George Bush is hardly a leftwinger and the democrats have only controlled congress for about 2 years (I think).

Some of the blame for the sub prime mess is being placed on financial institutions being compelled to lend to the poor/ethnic minorities back in Clintons time. But much of the blame for any regulatory failure must surely be placed on the current Bush administration.

Edited by JagLover on Monday 29th September 15:48

johnfm

13,751 posts

280 months

Monday 29th September 2008
quotequote all
Welshbeef said:
Very good.

Game over GB.



Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
No, you're not. Obama's lot are 'labour'.

Zod

35,295 posts

288 months

Monday 29th September 2008
quotequote all
At the risk of gross over-simplification, I see the Republicans as the equivalent of the Tory right to centre and the Democrats as covering the ground from the Tory centre to Labour's centre.

scotal

8,751 posts

309 months

Monday 29th September 2008
quotequote all
JagLover]But much of the blame for any regulatory failure must surely be placed on the current Bush administration. [/footnote said:
Should any of that blame be placed on Greenspan's shoulders. He seems to be going around telling people how he knew it was all a bad idea now......

900T-R

20,406 posts

287 months

Monday 29th September 2008
quotequote all
To be fair, a not inconsiderable part of the Republicans is so far on the right that they'd be thrown out of the BNP for being too controversial... hehe

968

12,439 posts

278 months

Monday 29th September 2008
quotequote all
JagLover said:
Welshbeef said:
Very good.

Game over GB.



Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
confused

George Bush is hardly a leftwinger and the democrats have only controlled congress for about 2 years (I think).

Some of the blame for the sub prime mess is being placed on financial institutions being compelled to lend to the poor/ethnic minorities back in Clintons time. But much of the blame for any regulatory failure must surely be placed on the current Bush administration.

Edited by JagLover on Monday 29th September 15:48
It's funny because the right-wing Bush is now nationalizing many private banks and financial institutions in order to bail out the economy. He's become quite the socialist.

johnfm

13,751 posts

280 months

Monday 29th September 2008
quotequote all
FourWheelDrift said:
Welshbeef said:
Am I correct in saying that the US have had the equivalent to labour in for the last 8 years? Is there something about Lbr Govts which kill the economy then the torys have to get back in fix it with painfull unpopular decisions then lab come along promising you the world....
Ive never voted Labour and never will.
Yes, Labour screw everything up by a mixture of spiralling costs, nationalisation and taxation to pay for it all and the following government have to sort it all out. Unfortunately turning around a ruined economy is like trying to stop a bulk oil carrier. When you apply the brakes and hit reverse it still carries on for a few more miles. It's not until year 2 or 3 of the new government that changes made start to take effect and not until year 4 or 5 that everyone notices the differences, which usually triggers a landslide election victory for the Conservative government. Then after 10 or so years of a solid economic environment the average voter forgets what a shower of st the last Labour government was and starts to believe their new spin and follow the "change for changes sake" mantra as before. The newly voted in Labour government basks in the economy and success of the previous Conservative government claiming it for themselves and then buys it's first re-election with a combination of buying votes from the benefits population and lower wage workers and marginal constituencies and hiding the costs within new taxation policies that only come to light when their false economy starts to disintegrate and they start pointing fingers at everyone but themselves.
Strangley, the level of conservative borrowing was pretty high too back then - which really surprised me.

Some interesting financial data here:

http://www.hm-treasury.gov.uk/media/C/4/pfd_260908...

JagLover

46,811 posts

265 months

Monday 29th September 2008
quotequote all
scotal said:
Should any of that blame be placed on Greenspan's shoulders. He seems to be going around telling people how he knew it was all a bad idea now......
Greenspan is the person principally responsible in my view. Not for any regulatory oversight but in continually slashing interest rates every time the markets hit a hiccup and by holding interest rates at far too low a level. The result was an asset price bubble which has now burst.

TankRizzo

8,025 posts

223 months

Monday 29th September 2008
quotequote all
Excellent speech.

scotal

8,751 posts

309 months

Monday 29th September 2008
quotequote all
JagLover said:
scotal said:
Should any of that blame be placed on Greenspan's shoulders. He seems to be going around telling people how he knew it was all a bad idea now......
Greenspan is the person principally responsible in my view. Not for any regulatory oversight but in continually slashing interest rates every time the markets hit a hiccup and by holding interest rates at far too low a level. The result was an asset price bubble which has now burst.
So is he accepting any of that
? Is it not time someone pointed it out to him?