tag:blogger.com,1999:blog-6214838.post4529205412903902186..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: What Fact Did Lord Young Get Wrong?Iain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-6214838.post-56100906503039045452010-11-21T14:18:33.858+00:002010-11-21T14:18:33.858+00:00Poor Lord Young, such an old doddery, naive innoc...Poor Lord Young, such an old doddery, naive innocent abroad out to lunch with the Torygraph(house magazine), recorder placed on table;follows Camerons instructions to be brutally honest.He tells it as a multi-millionare see's it, and gets the sack, at least he'll not be bothered it's only on the margin of error. I suppose he can always cry on the shoulder of the Wicked Witch of the West,if she can remember him.If he's struggling he can always pop in to the the House of Lords for his £175.00p per day+ allowances, to help him to survive.Compare the cost of his lunch £100.00p+, with weekly J0b Seekers Allowance of £65.00p and then you can see why he ca'nt see a recession.geraldallenhttps://www.blogger.com/profile/01057068487419407289noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-84599042993802857232010-11-20T21:20:30.801+00:002010-11-20T21:20:30.801+00:00Lord Young was wrong on a number of fronts.
First...Lord Young was wrong on a number of fronts.<br /><br />Firstly: We have had it so good, both for periods during Labour and the previous Tory administrations.<br /><br />Secondly: The <b>so good</b>, he's referring to, is down to the aftermath of the recession, and can't be enjoyed by large sections of the working population, who're on restricted hours, fixed term contracts, uncertain future prospects, etc.<br /><br />Thirdly: I'm fed up being patronised, yet again, by someone from <i>Planet Politics</i>. Lord Young, I seem to remember, was one of the many Conservative Ministers criticised by Labour when they were in opposition, for getting lucrative jobs with industries they oversaw.<br /><br />Fourthly: The recession wasn't our fault. Gordon Brown and the rest of Labour boasted for years, starting from before they even took office, about his/their economic competence. With very few exceptions, the majority of our politicians just took the economy for granted, and ignored it until the recession forced them to belatedly take notice.<br /><br />With complacent politicians, lazy regulators, and a finance industry, acting more like a bunch of bookies, who also like to gamble, it's the same old story, and we're left holding the bill. While all the people who caused it, slink off to nice pensions, titles and more taxpayers cash.<br /><br />Derek.Derekhttps://www.blogger.com/profile/15864585662423535883noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-86122735717284473322010-11-20T17:24:47.751+00:002010-11-20T17:24:47.751+00:00The thing is if (we)Labour had won the election in...The thing is if (we)Labour had won the election in defence of our cuts we would have said the same,(low interest rates are good for mortgages) THats hypacritical of my partyjohnpaulhttps://www.blogger.com/profile/03978755044345580501noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-64588448919290073082010-11-20T16:20:37.643+00:002010-11-20T16:20:37.643+00:00The problem with the Lord was that he was economic...The problem with the Lord was that he was economical with the truth. The wider truth in this case is that millions are getting way below real market returns on their nest eggs just to subsidise those on inflated mortgages.<br /><br />The word verification is appropriate "skinti"Grand_Inquisitorhttps://www.blogger.com/profile/12008480897159991738noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-45813964169323045292010-11-20T15:20:49.767+00:002010-11-20T15:20:49.767+00:00One of the Tes Minister episodes answers the quest...One of the Tes Minister episodes answers the question Iain by defining "political gaff".<br /><br />A mistake is when a politician accidentally says something wrong & can be easily solved by apologising & admitting the mistake.<br /><br />A gaff is much more serious & occurs when a politician accidentally tells the truth. Then he cannot withdraw it as an error because it clearly isn't. For this reason experienced politicians, of whom Lord Young isn't one, go to great lengths to avoid telling the truth, except when they are absolutely certain it will be palatable.<br /><br />Hence the weaknes of our entire "democratic" system where everybody goes to great lengths never to tell the people anything.neil craighttps://www.blogger.com/profile/09157898238945726349noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-45680895809757571982010-11-20T03:29:05.464+00:002010-11-20T03:29:05.464+00:00Amazing performance by Simon Heffer on "Quest...Amazing performance by Simon Heffer on "Question Time". He castigates Cameron for sacking Young after the Daily Telegraph published Young's incautious words. Heffer goes on and on about how Young is an old friend. If this is how Heffer and the DT treat an "old friend", I would hate to be one of their enemies.M. Hristovhttps://www.blogger.com/profile/13916257985347991350noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-44983567333889696442010-11-20T00:58:45.841+00:002010-11-20T00:58:45.841+00:00Notice no further comments from Lord Pillock-Dale ...Notice no further comments from Lord Pillock-Dale on this one. One might mutter "quelle surprise".<br /><br />Hey Iain, sub us a million old boy? You can spare it. Or are you WRONGOld BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-25523971829440959252010-11-19T23:48:43.016+00:002010-11-19T23:48:43.016+00:00This is what David Young got wrong;
"For the...This is what David Young got wrong;<br /><br />"For the vast majority of people in the country today"<br /><br />He should have said<br /><br />"For the vast majority of people in the country I know personally"Rich Johnstonhttps://www.blogger.com/profile/08094139982498797455noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-79936725948767613742010-11-19T23:44:29.238+00:002010-11-19T23:44:29.238+00:00The fact he got wrong was "so-called recessio...The fact he got wrong was "so-called recession". There was in fact a deep and lengthy recession. A fact the Tories emphasised last year.<br /><br />And it was also a crass phrase to use; it shows a lack of judgement because it detracted from the relevant point he was trying to make.John Woodmanhttps://www.blogger.com/profile/16679169985121897581noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-30157961053023754452010-11-19T23:06:11.199+00:002010-11-19T23:06:11.199+00:00Leaving aside whether Lord Young was right or wron...Leaving aside whether Lord Young was right or wrong I am surprised at the vast difference between Lord Young's speedy descent onto his sword and SirAlan after he said <a href="http://news.bbc.co.uk/1/hi/uk_politics/8341245.stm" rel="nofollow">"Can't we get off this recession kick once and for all? I don't think we're in one now, ok?"</a><br /><br />Well done Lord Young. Setting a fine example of what to do when you haven't chosen your words seemingly with enough care.<br /><br />And imo he didn't. The recession isn't all bad and it was thoroughly demonised in order to ram through bank bailouts and justify a continued wasteful spending spree by a spendthrift Government. But if you're going to point out the benefits of a recession and low interest rates you can do it better than Lord Yound did. It clears the air in the way rain does. Badly managed companies go to the wall. Inefficient business is removed. The economy *will be* better off for having a correction than it would be if the bad investments and wasteful spending had continued.(Or rather, had continued at the rate they were. The bad investments and wasteful spending have been trimmed not stopped).<br /><br />However, his opinion on mortgages may be wide of the mark. A lot of people have tracker mortgages but many of them track a bank's own standard variable rate not the Bank of England rate directly. As BoE rates were cut the SVRs stayed relatively high.Garethhttps://www.blogger.com/profile/11182144080955551878noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-811330090547221172010-11-19T22:10:39.795+00:002010-11-19T22:10:39.795+00:00So thats all right 'he' the Telegraph jour...So thats all right 'he' the Telegraph journalist says so. <br /><br />Journos always so honest and selfless.<br /><br />We have Witchel and the BBC currently saying that Charles has given an interview saying that he hopes is wife will become 'Queen' In fact the actual clip seems very far from that.<br /><br />Unlike you I do not have your toughing faith in what the Telegraph says.<br />The Telegraph after bigging up the story and creating the row now says that Young should not have been sacked.<br /><br />TossersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-40214787152480651622010-11-19T20:12:27.393+00:002010-11-19T20:12:27.393+00:00I am not rich, I am not a businessman, I am not a ...I am not rich, I am not a businessman, I am not a Lord, but I agree with Lord Young on this one: I am tired of hearing the whining of people who have a house and a car and a pension. This is a welfare state, and nobody ever had to starve or die out of need. And the alleged spending cuts are no cuts really: http://andreasmoser.wordpress.com/2010/11/15/uk-budget-what-cuts/ <br /><br />I have travelled many places, and one thing I have learned is that we Europeans moan and whine at a very high level. While others, who are truly in need, are forgotten by us.<br /><br />A civil servant who loses his job and has to look for one on the free market with his experience, connections and references is not in a terrible situation. A farmer in Bangladesh is after a flood. Or a refugee in Kigali who doesn’t know where his family is.<br />Think about this, next time you warm up with a coffee at Pret-a-Manger after a protest in London.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-86169125215496632852010-11-19T20:05:42.121+00:002010-11-19T20:05:42.121+00:00The dying embers of the Thatcher revolutionThe dying embers of the Thatcher revolutionbryhershttps://www.blogger.com/profile/13948525081453550410noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-57218488266055397542010-11-19T19:47:13.922+00:002010-11-19T19:47:13.922+00:00As much as I normally find much to agree with in y...As much as I normally find much to agree with in your musings, I do think that Lord Young's comments were somewhat impolitic. As shrewd a man as he is, he must surely know that many people have done very badly through this recession as well as many, who through a secure job & low mortgage rates have had done very comfortably. Why did he not think of what an impression his remarks would have? Sad because this government needs clever people!Chris Arnellhttps://www.blogger.com/profile/18040077210742663922noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-52438446280063223012010-11-19T18:57:46.359+00:002010-11-19T18:57:46.359+00:00He used the phrase "so-called recession"...He used the phrase "so-called recession". What exactly is "so-called" about it? Perhaps you can explain Iain, because that sounds to me like there is some kind of view in high Tory circles that the international crisis was all made up. I wonder what other strange beliefs circulate in those illustrious brains?DespairingLiberalhttps://www.blogger.com/profile/02903904463236135611noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-37597516062065883302010-11-19T18:39:50.536+00:002010-11-19T18:39:50.536+00:00trevorsden said...
"But they were not really ...trevorsden said...<br /><i>"But they were not really said 'in public' - as I understand it it was a remark to someone from The Telegraph at the Spectator lunch."</i><br /><br />Not actually 'in public' but he was being interviewed over lunch in a Parliament Square restaurant by a Daily Telegraph reporter.Newmarkhttps://www.blogger.com/profile/02313165998730705169noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-16767198949314056252010-11-19T18:12:53.388+00:002010-11-19T18:12:53.388+00:00Lord Young states that after 13 years of nulav rul...Lord Young states that after 13 years of nulav rule ending in a recession most people are better off.<br /><br />No they're not say red ed and angela eagle on behalf of the said nulav party.<br /><br />Politics through the looking glass?gordon-bennetthttps://www.blogger.com/profile/00249699675694944419noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-78861242573254744462010-11-19T18:05:21.148+00:002010-11-19T18:05:21.148+00:00And the post by Michael Fowke makes my point.
How...And the post by Michael Fowke makes my point.<br /><br />How many others, whether motivated by prejudice or opportunism will be singing the same song?Weygandhttps://www.blogger.com/profile/11359751090279735138noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-20507598527474567382010-11-19T18:04:30.802+00:002010-11-19T18:04:30.802+00:00They were silly things to say albeit partially cor...They were silly things to say albeit partially correct.<br /><br />But they were not really said 'in public' - as I understand it it was a remark to someone from The Telegraph at the Spectator lunch.<br />The fact that the Telegraph presumed to leak a private remark by him and also misrepresent it tells us all we need to know about the Telegraph.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-9784443985647843992010-11-19T17:12:10.888+00:002010-11-19T17:12:10.888+00:00The Tories have failed to nail Brown et al, that t...The Tories have failed to nail Brown et al, that the reckless spending started before the bank problems. Look at the exposure of RBS to Irelands problems, people are not joining up the dots, they think that Labour's lack of Bank regulation is over.<br /><br />Labour have managed to nail a non ministerial advisor and the Tories have not nailed Brown and the rest of the motley crew.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-9468002987338918222010-11-19T16:40:58.537+00:002010-11-19T16:40:58.537+00:00The damage is the perspective of the remark.
When ...The damage is the perspective of the remark.<br />When thousands of people drown in a flood, you don't say "Oh but the majority were saved" - your concern is for the victims.<br />DC knows that the focus of the coalition must be and be seen to be on those who are going to lose their jobs, homes etc. Anything else will feed into a narrative that risks undermining his whole approach.<br />For this reason it does not matter whether or to what extent what Young said was true.Weygandhttps://www.blogger.com/profile/11359751090279735138noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-70184600613860139692010-11-19T16:31:01.374+00:002010-11-19T16:31:01.374+00:00"That's modern day politics for you."..."That's modern day politics for you."<br /><br />No, that's Cameron's Conservative Party for you.Michael Fowkehttps://www.blogger.com/profile/01256575427122383710noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-33139555111173043562010-11-19T16:27:56.749+00:002010-11-19T16:27:56.749+00:00Used to have respect for Lord Young, but at 78 he`...Used to have respect for Lord Young, but at 78 he`s out of time and out of touch.Long overdue for retirement...<br /><br /> As for his fatuous comments, he ought to ask the millions of savers,who have been subsidising mortgages for the last 18 months,if they have ever had it so good???????<br /><br /> As Del Boy would say.......You Plonker!!!Mirtha Tidvillehttps://www.blogger.com/profile/07940977481295375071noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-6662925018281142092010-11-19T16:25:08.318+00:002010-11-19T16:25:08.318+00:00Lord Young deserves everything he got.
This is th...Lord Young deserves everything he got.<br /><br />This is the crassest political faux pas since....since the prime minister put his vanity photographer on the public payroll.<br /><br />Resignation was inevitable.HampsteadOwlhttps://www.blogger.com/profile/10579484010636107402noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-16289279035295698042010-11-19T16:11:12.144+00:002010-11-19T16:11:12.144+00:00Oh come of it!
If most of us 'have never had ...Oh come of it!<br /><br />If most of us 'have never had it so good'? Why are there tax rises? Why is unemployment not nosediving? Why are there 500,000 jobs to go in the public sector with almost all departments being cut back?<br /><br />Are Cameron, Clegg and Osborne lying or has one silly old fool stuck his foot in his mouth along with one increasingly out of touch Conservative blogger and Westminster Villager who seems to back the political classes over the British people every time?Unknownhttps://www.blogger.com/profile/05740444148095053693noreply@blogger.com