Dynamic Mike
Joined: 31/12/06
Posts: 1481
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Re: Are the Gov't going too far?
[Re: WiredUp]
#1031489 - 01/02/13 12:01 AM
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Quote WiredUp:
While you sit here
reading this thread on your Chinese made computer and making your music on your Chinese
made studio and watching films on your Chinese made flatscreen have some thought for the
millions who made those products and how they can only dream of earning a fraction of our
minimum wage. I would argue that we should man up and stop exploiting those 'out-of-sight'
people and exploit our own people first. Instead of paying people to sit at home all day
playing xbox they should be working. And maybe, just maybe then the thought of ending up
in one of those low paid factories might just give them a little more drive to better
themselves. At least then we wouldn't be so hypocritical by exploiting those in another
country where we don't have to face the reality of what 'cheap stuff' actually means.
Most Chinese people in
maufacturing are reasonably well paid & working in adequate conditions. Precisely because
they are not 'out of sight'. These are China's showcase workers, it would not make
economic sense to display anything else to moralistic Western Markets. However much of
this income is spent on Chinese manufactured goods, so essentially never leaves the system
anyway. It's not the guy wiring your pre-amp you need to worry about, it's the one growing
your beansprouts. That's where you'll find your poverty but unfortunately it's about as
'out of sight' as it gets.
-------------------- Not much in life worth running for. Or from.
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Chaconne
Joined: 21/02/05
Posts: 1109
Loc: Oxford
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1031493 - 01/02/13 12:20 AM
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Yeah, thats actualy true - dont forget these are modern hi-tech plants needed for
computers, not mines. A working class, able to afford relative luxuries and the means to
apsire to educating there children is actually what we are not able to provide for many
people in this country anymore because everything was moved abroad, or boughtin
cheaply.
It was the job creators themselves, who never caring about the
workforce caused this problem, the hip Apple included of course etc etc.
People
wont scrounge when they are given prospects. How stupid do you have to be to take the
blame for being lazy, from the powers that be that took your work away from you in the
first place?
--------------------
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johnny h
Joined: 24/07/06
Posts: 2270
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Re: Are the Gov't going too far?
[Re: WiredUp]
#1031500 - 01/02/13 12:52 AM
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Quote WiredUp:
Johnny, not once
in this thread have I mentioned the disabled. Of course anyone who is genuinely sick or
disabled should be entitled to help. The problem is for every genuine person there is 10
spongers. And I certainly don't agree with the methods we're hearing about where genuinely
ill people are are failing the tests.
Quote:
No, things were fine before the banking crisis. Check your facts
(not from Tory HQ).
You have a
short memory. I was having this discussion over ten years ago and public spending being
out of control.
But it
wasn't, was it? Labour had a unprecedented period of economic growth from 1997.
Quote:
Quote:
All completely wrong I'm
sorry. Try reading up on economics and having a deep understanding on how the economy
actually works. All you have is empty rhetoric.
As a business owner I know if I'm spending more than I make
sooner or later the s*** will hit the fan. You accuse me of talking empty rhetoric but
we've yet to hear your solution to the problem. As for how the economy works, well,
its no different to my business except it has a tremendous amount of variables. But the
basic principles are the same. Unfortunately you seem unable to grasp the simplest concept
that you cannot continue to spend what you don't have.
But the problem is that simple concept doesn't
apply to a whole country. When you run a business you do not affect aggregate demand. When
you run a country, you do. This is why the continued failure of the economy under
Osborne's cuts was very accurately predicted. Even people like Boris Johnson think the
cuts are bad for the economy. Its not just about making the lives of the poor that little
bit more miserable, its actually bad for us all.
Quote:
Quote:
So what, we are really really really rich, or we have completely
run out of money and can't afford to care for our disabled anymore?
Let's stop wasting billions on spongers
then we'll be able to look after those who truly need it.
There really aren't that many spongers. The
majority of the social security budget goes on pensions and most of the rest goes to
people who are in work or unable to work for health reasons. Please throughly check your
facts through reliable sources.
Quote:
Quote:
Even the Americans are laughing us
The US have postponed the medication that's all. I was there
recently and I can tell you things are far from rosy. I drove past their idea of Welfare.
It was a soup kitchen!
That's
fine, but a sample size of one has no validity whatsoever.
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: WiredUp]
#1031549 - 01/02/13 10:15 AM
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Quote WiredUp:
The problem is for
every genuine person there is 10 spongers.
Personally I think this is an argument winner. If you can give us
a reliable source for these impressive figures we can lock the thread.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: Sam Inglis]
#1031567 - 01/02/13 11:33 AM
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Quote Sam Inglis:
Personally I
think welfare would now be a lot more affordable if successive governments hadn't
permitted massive inflation in house prices, while not building any council homes.
+1
Regarding the
wisdom of austerity, economists are equally divided about it. And it has to be said mostly
ideologically motivated in their respective positions. The reason it was introduced was
that sovereign debt rates (bond yields) were becoming too expensive for some countries,
including this one. Two things became imperative. Firstly to drive down the debt and then
to instill faith amongst investors who buy such bonds, that they may be content with lower
yields as an equitable reward for risk. The reality is that austerity is like a
tourniquet. Its a crude first aid device. It stops the patient bleeding to death on the
street but if you leave it on too long the limb dies. It can be effective up to a point
but damaging thereafter, when more sophisticated treatments are required to promote a
successful recovery.
And what will that recovery look like? Will we return to
the sort of growth based economy we had become accustomed to? Well, most people expect
that whilst a minority caution that we should be managing expectations. For me simple
logic tells us at some point endless growth becomes unachievable, or unsustainable. To
breath in you first have to breath out. Its a cycle and a natural law. More developed
economies may very well be looking at a period of negative growth to balance out a lengthy
period of artificially high growth. Whilst the faster developing economies in India,
Brazil and the far east, which need double digit growth to put in place the social and
physical infrastructure we take for granted in the UK may well be looking at a period of
growth at rates we have typically been experiencing here (say 3%). Which is not enough for
them to afford the investment they want to fund.
Ergo: Everyone is likely to be
feeling a little poorer and that will be more keenly felt by those who already have less
to start with. This is what makes immigration and benefits systems more thorny issues at
the moment, everywhere. Especially by the so called 'squeezed middle' and I don't see this
conversation going away any time soon.
I do agree with Johhny H in that Cameron
has already lost the 2015 election to Miliband. But that is because of his party's schism
over our EU membership, which makes them unelectable to the majority of center/floating
voters (consistently and clearly evidenced in opinion polls). Not their management of the
economy, which has not been especially impressive but we have already seen Ed Balls in
action...
-------------------- Strictly project and just for fun
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WiredUp
Joined: 12/12/04
Posts: 483
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1031568 - 01/02/13 11:39 AM
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Quote shufflebeat:
Quote WiredUp:
The problem is
for every genuine person there is 10 spongers.
Personally I think this is an argument winner. If you can give
us a reliable source for these impressive figures we can lock the thread.
Ok, so I was being generous with that
figure but none of you, or indeed the government know how many fraudulent cases there are.
Clearly a lot otherwise there would be no urgent need for a crack down.
Either way,
I'll retire from this thread and leave some of you to your high horses, reliable sources
and credit card applications so the country can continue to live beyond its means. Over
& out.
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Hugh Robjohns
SOS Technical Editor
Joined: 25/07/03
Posts: 18390
Loc: Worcestershire
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1031570 - 01/02/13 12:07 PM
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Quote Frisonic:
Regarding the
wisdom of austerity...
Nicely
and above all, calmly made arguments -- thanks F. Good to know some people can still
manage it. 
Quote:
I
do agree with Johhny H in that Cameron has already lost the 2015 election to Miliband. But
that is because of his party's schism over our EU membership, which makes them unelectable
to the majority of center/floating voters (consistently and clearly evidenced in opinion
polls). Not their management of the economy, which has not been especially impressive but
we have already seen Ed Balls in action...
I'd say it was way too early to tell. A lot can happen in two
years, especially with the current instability within the EU.
In my view, the
only way the common currency-based EU can work is if all countries settle into one fiscal
management system, and that will inevitably and inherently mean, essentially, one country.
A truly united states of europe. That concept is not one that a lot of current EU
countries want to embrace and it seems to me that the UK is not the only country wanting
to establish a different framework that maintains the common market and many other aspects
of common standards, but that returns a far greater degree of self-goverance and fiscal
control. I don't believe Cameron or the Civil servants that really run the country are
stupid enough to believe that total withdraw is an option. This is a poker game and lots
of other players are looking to our lead before they play their own hands.
hugh
-------------------- Technical Editor, Sound On Sound
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Gone To Lunch
member
Joined: 11/06/04
Posts: 858
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Re: Are the Gov't going too far?
[Re: Hugh Robjohns]
#1031577 - 01/02/13 12:30 PM
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Quote Hugh Robjohns:
I don't believe Cameron or the Civil servants that really run the country ...
I thought it was actually
the top few big corporations - Goldman Sachs, Trashco etc ?
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: WiredUp]
#1031616 - 01/02/13 03:04 PM
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Quote WiredUp:
Quote shufflebeat:
Quote WiredUp:
The problem is
for every genuine person there is 10 spongers.
Personally I think this is an argument winner. If you can give us
a reliable source for these impressive figures we can lock the thread.
Ok, so I was being generous with that figure
but none of you, or indeed the government know how many fraudulent cases there are.
Clearly a lot otherwise there would be no urgent need for a crack down. Either way,
I'll retire from this thread and leave some of you to your high horses, reliable sources
and credit card applications so the country can continue to live beyond its means. Over &
out.
OK, Bye.
That's an interesting logic - I need to take drastic action because of this serious
situation. I know the situation is serious, otherwise there would be no need for drastic
action. Mmmm.
I must say, you guys do know or live near some right dodgy bar
stewards.
While I don't doubt the validity of your testament I feel it must be
acknowledged that whatever system we put in place there will always be selfish,
manipulative sons of dogs who will abuse the system. It's human nature, hence the MPs'
expenses scandal, bankers' bonuses and misselling, my recent tax return (Dear
HMRC, that was a joke and not a very good one).
The trick is to weed out the
thieves without starving many pensioners. The way that's being proposed is ill thought
through, clumsy and not worthy of a supposedly professional administration.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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ken long
Joined: 21/01/08
Posts: 4277
Loc: The Orient, East London
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Re: Are the Gov't going too far?
[Re: johnny h]
#1031648 - 01/02/13 07:56 PM
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Quote johnny h:
Quote ken long:
Too right Wired
Up.
Not at all. Even without the
social issues austerity is an economic nightmare. Even the Americans are laughing us. In
Forbes!
http://www.forbes.com/sites/rickungar/2012/04/25/british-eco...
But of course a lot of people will just ignore all that and watch gleefully as
disabled people are subjected to humiliating intrusive interviews and families are thrown
out of their homes. Some people take comfort in the mistreatment of those less fortunate
than themselves.
Encouraging this level of nastiness is extremely dangerous.
As this proves.
You do tend to take things out of context.
No-one is saying the disabled shouldn't get help. Yes, the banks are shysters, yes the
government is in cahoots. Yes, Goldman Sachs are evil. But the rest of society need to
take responsibility for their actions also. Why are so many people in negative equity?
Why did so many people take out 95% mortgages (and some lied on their applications), why
do so many people have multiple credit cards? Why is my neighbour, who doesn't go to work
- ever - going on holidays all the time - Spain, Italy, Croatia? I run my business and my
wife works part time. We are struggling but we manage to keep our heads above water. We
never ever though "let's buy a 500K house" and pay interest only. Holiday? The last we
went was almost 4 years ago and that was to see my in-laws. Apart from child benefit, we
don't get anything from the state. Speaking to some people I know - they say benefits are
an entitlement. You talk about the Americans but at least in America, people have no
choice but to strive and work hard for a better life. There is no handout culture. The
state doesn't look after them. This isn't a nation which manufactures - those days are
gone. It is almost entirely reliant on the financial services. You can hate those guys,
but they are sustaining what little growth there is. I want those guys to do well in
their 80 hour a week jobs, make big money, and pay their taxes. I have more respect for
them than for those who think they can waltz by in this life without lifting a finger.
And this has nothing to do with the most poor and the most vulnerable so don't go twisting
or taking of context. If you accept that there are wankers in the banking industry, then
you must also accept that there is undeserved scum in society.
-------------------- I'm All Ears.
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mick.n
Joined: 01/09/04
Posts: 344
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Re: Are the Gov't going too far?
[Re: Hugh Robjohns]
#1031650 - 01/02/13 08:12 PM
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Quote Hugh Robjohns:
Nicely and above all, calmly made arguments -- thanks F. Good to know some people can
still manage it. 
Actually, i don't think that's a very fair comment. This discussion has been,IMO, quite
restrained, (and in some cases, articulate) from all posters. I have certainly read posts
on this forum over the years that have been much more aggressive than this one.
Allthough, i did find the last sentence of WiredUp's final post in this discussion
rather churlish & a little patronising.
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Neil C
active member
Joined: 01/04/03
Posts: 2533
Loc: Designated cuddle zone
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Re: Are the Gov't going too far?
[Re: ken long]
#1031654 - 01/02/13 08:28 PM
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Quote ken long:
Why is my
neighbour, who doesn't go to work - ever - going on holidays all the time - Spain, Italy,
Croatia?
Either he's a
prince among benefit fraudsters, or a criminal careerist, or has a big
inheritance/windfall he hasn't declared, or is doing something to make lots of legitimate
money on top. What he isn't is any kind of average benefit claimant.
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Dynamic Mike
Joined: 31/12/06
Posts: 1481
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Re: Are the Gov't going too far?
[Re: ken long]
#1031685 - 02/02/13 12:46 AM
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Quote ken long:
You talk about
the Americans but at least in America, people have no choice but to strive and work hard
for a better life. There is no handout culture. The state doesn't look after them.
The truth is nobody looks after
them. 'Decent' Americans fly between LA and New york because they're in denial about what
lies in between. They never drive more than a couple of miles off the interstate because
besides a few tourist hotspots and a couple of cities propped up by an aging generation of
oil tycoons there's nothing to be proud of & plenty to be afraid of. If you don't live in
a major city or an arty-farty town like Santa Fe, then you probably live in either a
housing project or a shack that wouldn't look out of place in the third world.
In the UK we have a romantic view of America fuelled by films & songs. But should ever
you find yourself standing on a corner in Winslow, Arizona remember this: The Eagles were
from Chicago.
I love America. I love Americans. But most Americans are not
living the dream, and in the States you don't get a voice until you are.
-------------------- Not much in life worth running for. Or from.
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_ Six _
Joined: 03/06/06
Posts: 1398
Loc: Liverpool
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1031729 - 02/02/13 11:46 AM
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Of course we have poverty in the UK. I've been all over Africa and although their income
may be negligible, compared to what someone on benefits here (USED TO GET), but they don't
have massive taxes, rents, water rates, VAT, income tax, fuel charges, extortionate living
costs, stress etc like we do in the 'developed' world.
Yes, we're better off
than most in this country in terms of education and healthcare etc but based on what we
pay into the system and what we get out of it we're idiots. What surprised me about
visiting Africa, India and Bangladesh was that, despite their poverty, most people were
genuinely happy! I can't say that for this slave nation.
I think my point is
that you can't measure wealth/ health by being well adjusted to a profoundly sick society.
Materialism is not conducive to happiness. Community, balance and equality is.
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johnny h
Joined: 24/07/06
Posts: 2270
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Re: Are the Gov't going too far?
[Re: ken long]
#1031742 - 02/02/13 03:16 PM
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Quote ken long:
Quote johnny h:
Quote ken long:
Too right Wired
Up.
Not at all. Even without the
social issues austerity is an economic nightmare. Even the Americans are laughing us. In
Forbes!
http://www.forbes.com/sites/rickungar/2012/04/25/british-eco...
But of course a lot of people will just ignore all that and watch gleefully as
disabled people are subjected to humiliating intrusive interviews and families are thrown
out of their homes. Some people take comfort in the mistreatment of those less fortunate
than themselves.
Encouraging this level of nastiness is extremely dangerous.
As this proves.
You do tend to take things out of context.
No-one is saying the disabled shouldn't get help. Yes, the banks are shysters, yes the
government is in cahoots. Yes, Goldman Sachs are evil. But the rest of society need to
take responsibility for their actions also. Why are so many people in negative equity?
Why did so many people take out 95% mortgages (and some lied on their applications), why
do so many people have multiple credit cards?
Simply because they could! I'm not sure how familiar you are with the
whole origins of the financial crisis, but essentially a lot of it was caused by a
economic decision made by the Ameicans after the 2001 terrorist attack. In brief it made
the cost of borrowing money very, very low by historical standards. Most of the boom in
asset prices have their origin in this decision. The reasons why banks were allowed to
push credit on people who really had no business borrowing money is a matter of debate. A
lot of people got rich off the back of it.
Quote:
Why is my neighbour, who doesn't go to work - ever -
going on holidays all the time - Spain, Italy, Croatia? I run my business and my wife
works part time. We are struggling but we manage to keep our heads above water. We never
ever though "let's buy a 500K house" and pay interest only. Holiday? The last we went
was almost 4 years ago and that was to see my in-laws. Apart from child benefit, we don't
get anything from the state. Speaking to some people I know - they say benefits are an
entitlement. You talk about the Americans but at least in America, people have no choice
but to strive and work hard for a better life. There is no handout culture. The state
doesn't look after them. This isn't a nation which manufactures - those days are gone.
It is almost entirely reliant on the financial services. You can hate those guys, but
they are sustaining what little growth there is. I want those guys to do well in their 80
hour a week jobs, make big money, and pay their taxes. I have more respect for them than
for those who think they can waltz by in this life without lifting a finger. And this has
nothing to do with the most poor and the most vulnerable so don't go twisting or taking of
context. If you accept that there are wankers in the banking industry, then you must also
accept that there is undeserved scum in society.
I'm fully aware that as vilified as their are, those in the financial
industry are responsible for a huge chunk of the UK's wealth and tax income. But, the
system failed to the point of collapse. The people who made the bad loans and pushed toxic
credit around the system made incredible amounts of money out of doing so and left the
banks in crisis. The government was forced to pay for the mess they caused.
I
feel pretty bad that my taxes are being used to pay advertising companies to promote
feeling distain for the poor and for the disabled. The link between the government actions
and the huge rise in attacks on the disabled is no coincidence. Yes some people are lazy,
and yes bankers are greedy, but encouraging society to attack each other is really not
good for anyone.
I do feel bad that all those Tory Eton guys are sitting around
laughing as they pass a bill to make the poorest in our society even poorer. Its cruel.
When people have no confidence calling them lazy scum just makes them feel more useless.
Its not even about saving money in my opinion. Social problems resulting from these
policies may even cost more than the cuts. Its about refocusing the blame away from the
rich and onto the poor, and unfortunately it seems to be working.
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Exalted Wombat
Joined: 06/02/10
Posts: 4211
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Re: Are the Gov't going too far?
[Re: johnny h]
#1031744 - 02/02/13 03:35 PM
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Quote johnny h:
I do feel bad
that all those Tory Eton guys are sitting around laughing as they pass a bill to make the
poorest in our society even poorer. Its cruel. When people have no confidence calling them
lazy scum just makes them feel more useless. Its not even about saving money in my
opinion. Social problems resulting from these policies may even cost more than the cuts.
Its about refocusing the blame away from the rich and onto the poor, and unfortunately it
seems to be working.
So
what are you saying? Once you've got a benefit, it's yours for life with no questions
asked? I remember when jobs were like that. Not any more! Why should benefits be?
It's not all one-sided though. I'm not in a desperate position yet, but was
recently investigating options. The house I've been happily inhabiting for the past 30
years would need thousands spent to bring it up to a standard where it could be let as
social housing. There should be a safety net, and I may be grateful for it one day. But
it shouldn't be TOO gold-plated.
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Gone To Lunch
member
Joined: 11/06/04
Posts: 858
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1031755 - 02/02/13 04:39 PM
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Quote Frisonic:
I do
agree with Johhny H in that Cameron has already lost the 2015 election to Miliband. But
that is because of his party's schism over our EU membership, which makes them unelectable
to the majority of center/floating voters (consistently and clearly evidenced in opinion
polls). Not their management of the economy, which has not been especially impressive but
we have already seen Ed Balls in action...
Cameron never had any realistic intention of
winning the 2015 election. The coalition are bankster asset strippers and their intention
is the taking down of the welfare state, to be replaced by privatisation, in the five
years they guaranteed for themselves, a continuation of the Thatcher dream, as revealed by
the recently released cabinet papers.
All the fuss about re-organising benefits
is actually just preparing for US-style privatised insurance by the Unum Corporation, who
will doubtless richly reward Duncan-Smith and Lord Freud for their work. (Google 'Unum
scandal' for more alarming details)
Similarly the NHS re-organistation is
obvious preparation for privatisation, hence commissioning groups and providers.
And Gove is doing the same for education, which is what Rupert Murdoch wants to run
next
Meanwhile, we are encouraged by the 'independent' media to worry about
dead paedophiles, Xfactor winners, racists in football crowds and some female actors with
their tits out....
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: johnny h]
#1031756 - 02/02/13 04:47 PM
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Quote johnny h:
I'm not sure how
familiar you are with the whole origins of the financial crisis, but essentially a lot of
it was caused by a economic decision made by the Ameicans after the 2001 terrorist attack.
Don't make stuff up!
Interest rates were just as low before 9.11.01 as they were after. The first wave of the
financial crisis was caused by profligate spending (by the public) made possible by cheap
credit secured against illusory property values (offered by high street banks at rates set
by central banks and traded about wholesale investors like a ticking bomb by investment
banks - which inevitably blew up, in September 2008). The second wave was caused by
profligate borrowing by sovereign states, mostly secured against cooked books - it kicked
in over the summer of 2010 when investors noticed their bond yields were looking a bit
flakey. I'm sure al-Qaeda would love to take the credit but the truth is we in the
liberal, louche west managed it all by ourselves.
-------------------- Strictly project and just for fun
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johnny h
Joined: 24/07/06
Posts: 2270
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Re: Are the Gov't going too far?
[Re: Exalted Wombat]
#1031757 - 02/02/13 04:56 PM
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Quote Exalted Wombat:
Quote johnny h:
I do feel bad
that all those Tory Eton guys are sitting around laughing as they pass a bill to make the
poorest in our society even poorer. Its cruel. When people have no confidence calling them
lazy scum just makes them feel more useless. Its not even about saving money in my
opinion. Social problems resulting from these policies may even cost more than the cuts.
Its about refocusing the blame away from the rich and onto the poor, and unfortunately it
seems to be working.
So what
are you saying? Once you've got a benefit, it's yours for life with no questions asked?
I remember when jobs were like that. Not any more! Why should benefits be?
It's not all one-sided though. I'm not in a desperate position yet, but was recently
investigating options. The house I've been happily inhabiting for the past 30 years would
need thousands spent to bring it up to a standard where it could be let as social housing.
There should be a safety net, and I may be grateful for it one day. But it shouldn't be
TOO gold-plated.
I was on
benefits a while ago and it certainly didn't feel gold plated. It was actually really
awful. I wasn't actually trapped in the whole council house / no job / no education thing
at all so it wasn't anywhere near as bad as it could have been. Now my taxes are pretty
high, and I feel its fine, I feel happy to help people when they need it, as I was when I
needed it, and should there ever be a time when things go really, really wrong again it
will be there again. Welfare is becoming a very dirty word, and in my view that's a very
backward step.
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johnny h
Joined: 24/07/06
Posts: 2270
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1031759 - 02/02/13 05:14 PM
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Quote Frisonic:
Quote johnny h:
I'm not sure
how familiar you are with the whole origins of the financial crisis, but essentially a lot
of it was caused by a economic decision made by the Ameicans after the 2001 terrorist
attack.
Don't make stuff up!
Interest rates were just as low before 9.11.01 as they were after. The first wave of the
financial crisis was caused by profligate spending (by the public) made possible by cheap
credit secured against illusory property values (offered by high street banks at rates set
by central banks and traded about wholesale investors like a ticking bomb by investment
banks - which inevitably blew up, in September 2008). The second wave was caused by
profligate borrowing by sovereign states, mostly secured against cooked books - it kicked
in over the summer of 2010 when investors noticed their bond yields were looking a bit
flakey. I'm sure al-Qaeda would love to take the credit but the truth is we in the
liberal, louche west managed it all by ourselves.
People are really stupid with money. I see it all the time. I
know people who complain about money who are earning relative fortunes. If cheap credit is
available, it will be taken.
Its a complex subject to explain and there's
plenty of good material about it available to read about it. Essentially though the lion's
share of the blame lies on those people who were repackaging obviously bad loans (to
ex-criminals with no source of income, for example), and selling them onto banks as very
secure AAA loans. The banking crisis began when it became known that much of this
supposedly very secure debt was actually worthless.
Its all nothing to do with
Labour, with welfare, with the disabled, and actually not really much to do with the UK
other than a few financial institutions who reside here.
The cuts are purely
ideological. You need to boost the economy in a recession and slow it down during a boom.
The size of the debt is just an excuse to shift resources from the poor to the rich, and
the toxic adverts are propaganda to ensure people accept it.
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: johnny h]
#1031763 - 02/02/13 05:39 PM
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That's a perfectly valid view point Johnny H. I don't agree with all of it but its
perfectly valid and plenty of respected commentators would agree with you. In particular I
would question that the financial crisis has nothing to do with illusory property values
here in the UK. My personal view is that there is a significant correction in UK property
values still waiting to be made but it has been postponed by devices such as quantitive
easing, continued artificially low interest rates and inflation, and various other public
policy levers. I would say that far too much attention is paid to how the investment banks
managed the debt and not enough to how public policy created it and how retail banks and
other lenders dished the dosh out to Joe Schmoe in the first place. And to me this anomaly
would seem to be aimed more at protecting the middle classes than big business.
-------------------- Strictly project and just for fun
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Richard Graham
Joined: 10/04/06
Posts: 2252
Loc: Gateshead, UK
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1031860 - 03/02/13 11:38 AM
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Quote Chaconne:
You can argue for
genocide quite easily using made up facts that stir up the reptile brain.
This might have to be my next signature
block.
On the other hand, here are some facts from a Conservative pen which
everyone should read. And re-post at every opportunity.
http://www.huffingtonpost.co.uk/ramesh-patel/growth-cameron-...
Edited by Hugh Robjohns (03/02/13 11:43 AM)
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: Richard Graham]
#1031903 - 03/02/13 05:49 PM
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Thanks for that, RG. V enlightening.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Folderol
Joined: 15/11/08
Posts: 2553
Loc: Rochester, UK
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1031925 - 03/02/13 08:46 PM
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Quote shufflebeat:
Thanks for
that, RG. V enlightening.
Indeed
so, but why aren't the opposition jumping all over this?
-------------------- It wasn't me!
(Well, actually, it probably was)
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Gone To Lunch
member
Joined: 11/06/04
Posts: 858
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Re: Are the Gov't going too far?
[Re: Folderol]
#1031937 - 03/02/13 10:04 PM
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Quote Folderol:
Quote shufflebeat:
Thanks for
that, RG. V enlightening.
Indeed
so, but why aren't the opposition jumping all over this?
I expect they are, but the BBC won't report
it...
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Richard Graham
Joined: 10/04/06
Posts: 2252
Loc: Gateshead, UK
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Re: Are the Gov't going too far?
[Re: Gone To Lunch]
#1031943 - 03/02/13 10:42 PM
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Quote Gone To Lunch:
Quote Folderol:
Quote shufflebeat:
Thanks for
that, RG. V enlightening.
Indeed
so, but why aren't the opposition jumping all over this?
I expect they are, but the BBC won't report
it...
It's a fair question,
but I think there's only so many times Milliband and co. can deny that they created this
mess before it sounds like they are in denial. Also it is now pretty much fixed in "the
public mind(lessness)" that Labour were responsible. It's like the article says, if you
repeat a lie often enough it becomes the truth. Of course this didn't work for Blair over
Iraq, but it seems to have worked for Gideon and Dave on the economy.
-------------------- Battle flags are flown at the feet of a garden gnome.
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: Richard Graham]
#1031964 - 04/02/13 03:16 AM
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Quote Richard Graham:
I
think there's only so many times Milliband and co. can deny that they created this mess
before it sounds like they are in denial.
There's probably an element of truth in this. It's the price we
pay for the yah-boo politics of Westminster. I'd still take that so we can have them
answerable for their actions on live tv, though.
I suspect the Labour party are
fairly confident others with some independent credibility will increasingly make the
point.
I didn't think I'd hear it from the HP. Who'da thunk it?
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1031981 - 04/02/13 10:09 AM
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Quote shufflebeat:
...It's the
price we pay for the yah-boo politics of Westminster. I'd still take that so we can have
them answerable for their actions on live tv, though.
I'd have said the proliferation of live TV platforms now
available to our politicians has markedly reduced the substance of what they have to say.
Certainly reduced it to little sound bites, which are meaningless and can only ever amount
to platitudes. Worse still, I suspect many of them actually believe that is what passes
for commitment these days. Live TV debates during general elections is the worst American
import we could possibly have chosen to buy into. A puffers paradise! Personally I'd
rather they were more accountable than that. TV is too fluffy and because that is the
exposure they all want so now are our politicians. And of course the less telegenic ones
are now excluded, regardless of ability.
It was better when debates were
necessarily more drawn out, people knew they only had so many chances to make their case
through the media and therefore used the opportunities to maximum effect. It meant they
had to say something worth saying and stand by what they said, instead of just blowing off
and then changing their script every five seconds, which 24 hour rolling news offers
endless opportunities to do. Sycophantic political corespondents who like being on TV as
much as the politicians don't help either. There was a time when politicians had to travel
their constituency, or the country, talk to real people and look them in the eye. Somehow
a studio audience is less than that - people are reduced to props.
-------------------- Strictly project and just for fun
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1031987 - 04/02/13 11:00 AM
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I certainly would agree that most of it is predigested puffery but it does mean that when
someone nails their genitalia to a statement it can't be denied 10 mins later.
They are very well aware that their comments and claims are being scrutinised by old
guard political commentators with more access to background information than I do and that
obvious misrepresentation can only last until Eddie Mair gets his hands on a historian or
Tim Harford a friendly statistician to put a few things into perspective.
There
was at least as much news management before TV was introduced to Westminster. The reason
it's become such a preoccupation for politicians is because it's so easy to make an
idiot/liar/convict out of yourself.
I like to know what lies they're telling
about people as in the subject under discussion so I can investigate further.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1032013 - 04/02/13 12:27 PM
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Quote shufflebeat:
...obvious
misrepresentation can only last until Eddie Mair gets his hands on...
Indeed. But that's radio! Which being less
'celebrity' friendly I think makes for a far better medium for political debate than
television.
-------------------- Strictly project and just for fun
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1032084 - 04/02/13 04:43 PM
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Ah, but that's the beauty of the whole thing. You make a statement on "I'm A Nobody, Make
Me a Celebrity" but then have to explain yourself on PM.
Perfect chess.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1032088 - 04/02/13 05:04 PM
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If its appeared on reality television it has ceased to be a politician. Certainly in my
eyes.
-------------------- Strictly project and just for fun
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Dynamic Mike
Joined: 31/12/06
Posts: 1481
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Re: Are the Gov't going too far?
[Re: Frisonic]
#1032094 - 04/02/13 05:20 PM
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Quote Frisonic:
If its appeared
on reality television it has ceased to be a politician. Certainly in my eyes.
The three greatest misnomers of our
age are, reality television, social media & suicide bombers. Can I please promote the use
of- unreality tv, antisocial media & indiscriminate murderers?
-------------------- Not much in life worth running for. Or from.
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Frisonic
Joined: 27/01/10
Posts: 1995
Loc: London, United Kingdom
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Re: Are the Gov't going too far?
[Re: Dynamic Mike]
#1032100 - 04/02/13 06:00 PM
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-------------------- Strictly project and just for fun
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1032112 - 04/02/13 07:40 PM
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...and back in the room.
Anyome who remembers the good old days of Thatcherism
might recognise the technique of divide and demonise that characterised the early '80s.
This time it's relatively easy to check facts and figures, minority groups generally have
at least one forum for self expression and mutual support and we are all a bit more media
savvy/cynical.
There's no more money of course but for my IOU there seems to be
a slightly more level playing field than then.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Dynamic Mike
Joined: 31/12/06
Posts: 1481
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Re: Are the Gov't going too far?
[Re: shufflebeat]
#1032142 - 05/02/13 12:27 AM
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Quote shufflebeat:
Anyome who
remembers the good old days of Thatcherism might recognise the technique of divide and
demonise that characterised the early '80s.
I think in the public sector this has been refined into divide
and demoralise. Broken spirits within broken unions are failing to mount any resistance.
Every health & welfare structure is being gradually dismantled with the private sector
cherrypicking the bits that might generate a short-term profit. I'm disinterestedly
following tenders for a 10 million pound NHS contact offered using monthly figures I
provided, erroneously projected as an annual forecast. Also what doesn't appear in the
contact is that I prefixed these figures with 'To be honest I have no idea, if I had to
guess...' What do I care if some Richard Branson wannabe suddenly finds his projected
profit margin is light by a factor of 12 and a lucky guess.
If I remember the
eighties correctly we must be overdue for a jingoistic overseas conflict to distract us
from home affairs. Argentina II- Attack of the Clones anyone?
-------------------- Not much in life worth running for. Or from.
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: Dynamic Mike]
#1032239 - 05/02/13 03:42 PM
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I think of myself as a 'Union' type of person. People who elbow their way to the front of
the queue (all very Darwinian and perfectly understandable) tend to be united and driven
by an innate love of self. For the rest of us who, I would argue, have a more inclusive
outlook we need some organisational framework to hang our hats on. Unions have been the
framework in the workplace and thankful we should be for that.
Since dear
Margaret's time the workplace has changed to the point where the traditional union
structure is less relevant. One cannot unite those who don't see common interest. The
economic and political pressures described by both Adam Smith and Karl Marx have not
changed but the public perception of how things are has so beer and sandwiches will only
antagonise the self employed.
Thatcher and Blair have somehow managed to give
warmongering a bad name so, while we're obviously not quite ready for a grass roots
revolution my old school communist father is laundering the red flag and polishing his
megaphone.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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Gone To Lunch
member
Joined: 11/06/04
Posts: 858
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1032294 - 05/02/13 11:37 PM
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"Call out the instigators, because the revolution's here, And you know that its
right....." http://www.coalitionofresistance.org.uk/
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Dynamic Mike
Joined: 31/12/06
Posts: 1481
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Re: Are the Gov't going too far?
[Re: Gone To Lunch]
#1032295 - 05/02/13 11:45 PM
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"Here comes the future and you can't run from it,
If you've got a blacklist, I
want to be on it..."
-------------------- Not much in life worth running for. Or from.
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shufflebeat
Joined: 09/12/07
Posts: 2272
Loc: Manchester, UK
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Re: Are the Gov't going too far?
[Re: _ Six _]
#1032350 - 06/02/13 09:59 AM
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"Up the workers" - my new Corporate Slogan.
-------------------- Ohm's Law states, "Your PA isn't as powerful as you think it is".
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