Showing posts with label Liz Truss. Show all posts
Showing posts with label Liz Truss. Show all posts

Thursday, October 20, 2022

Liz Truss resigns as UK prime minister after 45 days in office. Where is Churchill or Thatcher when you need them?

The chaos and turmoil in British government continues! It is worrisome! 

With a demented and senile 46th President in White House, the world urgently needs the next Winston Churchill at Downing Street No. 10. 

After Boris Johnson and Liz Truss, the British need get their act together again especially in these dangerous times! At least, the British training of Ukrainian soldiers appears to have continued throughout.

What a disappointment Liz Truss was! This is a British understatement!

Liz Truss resigns as UK prime minister after 45 days in office

Friday, October 14, 2022

British politics: A contest of turbulence!

Who wins this very concerning contest, former Prime Minister Boris Johnson or his successor, the new Prime Minister Liz Truss!

Liz Truss chaotic leadership is fast becoming a disappointment!

We expected the United Kingdom to do better after Brexit!

Is this a case of the rise and fall of great empires?


Wednesday, October 12, 2022

Liz Truss says she will 'absolutely' not cut public spending despite warning of £62bn shortfall. Disappointing!

The new Prime Minister quickly turns out to be as erratic as her predecessor Boris Johnson! She fails more and more to compare favorably with Margaret Thatcher!

Of course, in times of price inflation, government spending needs to be cut! Too high government spending for too long and imbalanced government budgets are too often the major cause of price inflation!

"The prime minister insisted she was "absolutely" not planning public spending reductions, but vowed that taxpayers' money would be used well."

Liz Truss says she will 'absolutely' not cut public spending despite warning of £62bn shortfall | Politics News | Sky News Liz Truss has pledged not to cut public spending to balance the books in her first PMQs since the chancellor's contentious mini-budget - despite a leading economics-focused think tank warning the government is billions short of the sums needed.

Friday, September 23, 2022

Margaret Thatcher must be content and smiling about Liz Truss!

The new Prime Minister Liz Truss is off to a good and fast start with significant tax reductions and deregulation of the London financial markets!

Liz Truss can not have a better mentor than Margaret Thatcher!

Brexit keeps on giving!

UK to scrap banker bonus cap in deregulation drive for growth

Bravo! The Brexit keeps on giving! The new Prime Minister is fast making progress!

Let a free London financial market be again one of the world's greatest! E.g. Hong Kong was taken over by the Chinese communists.

"Britain will scrap a cap on banker bonuses, its new finance minister said on Friday, pledging an ambitious deregulation of London's financial industry to boost growth ..."

Incredible, the socialist EU imposes a bonus cap on bankers! "The cap limits bonuses to twice a banker's basic salary, with shareholder approval, and was introduced in the European Union to curb excessive risk taking after taxpayers had to bail out lenders in the global financial crisis. ..."

UK to scrap banker bonus cap in deregulation drive for growth | Reuters