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Listed below are comments made by BliarWatchProject between Tuesday, 3rd November 2009 and Saturday, 21st November 2009.

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Three-way on the MPC 8:04pm on 21 Nov 2009 As these 9 great and good people can't agree on the action to take, this suggests that

a) economics is merely pseudo-scientific and you can prove all you like with how the same statistics are interpreted.
b) they haven't any more idea than your avaerage punter who goes into the betting shop what is going to happen or how to influence it positively
c) they are just a talking shop who set a rate (now isn't that difficult?) and are a lightening conductor for the chancellor (who should be making the decision (except he and broon are useless with figures and have no relevant qualifications)) should the rate setting go disastrouly wrong.
d) The MPC is a waste of space as it has no control over the burgeoning public finances. Scrap MPC and make Broon, Darling and the rest resign as unfit for office.
If you thought it was all over... 10:34pm on 19 Nov 2009 Why is it that only ugly women go into politics?
If you thought it was all over... 9:26pm on 19 Nov 2009 #207

That's ok it leaves one hand free.
If you thought it was all over... 8:40pm on 19 Nov 2009 173 Roll-on-2010

- Harman is going to be done then!

Hopefully, I've always said she needed a right good doing!
If you thought it was all over... 8:18pm on 19 Nov 2009 #185 Zydeco

-Brown says "She is the best WOMAN for the job"

Oh dear, she's only just got the job and the curse has fallen upon her!!
If you thought it was all over... 8:05pm on 19 Nov 2009 "Labour's deputy leader Harriet Harman faces prosecution for her involvement in a car smash in which she allegedly used her mobile phone, the Crown Prosecution Service said tonight"

Is this "car crash" a euphemism for the UK economy??? I think we should be told!!
If you thought it was all over... 6:46pm on 19 Nov 2009 Following the coming election I think the following would be great moves
a) Bliar to be EU special representative to Uranus
b) Millipede to use his vast experience in a nursery
(receiving the necessary education to allow him to become a grown-up)
c) Broon to give anger management course to Roy Keane
The Treasury hedge fund 3:18pm on 03 Nov 2009 #48 "i.e. Net Wages of Public Sector plus Unempoyment Benefits = Private Sector taxes"

Er +++++ repayment of Govt borrowings!!!!!!!!! et al
The Treasury hedge fund 2:02pm on 03 Nov 2009 Lloyds are trying to get out of the Govt guarantee scheme as it costs them a lot of money, but caps the risk (any bad loans beyond that being covered by the taxpayer).

Lloyds is having to raise £20B+ (38% from the taxpayer!) partly to increase its reserves supposedly to cover the potential bad debt and release it from the Govt guarantee. However, Lloyds is still in the "Too big to fail" category, so should its reserves be insufficient to cover its losses (as they turn out even worse than expected!!!) then guess who will pick up the tab for saving Lloyds AGAIN .... the taxpayer. So Lloyds gets its bonuses albeit deferred, and gets its protection basically for free (the Government share of the rights issue is 3.5 times the £2.5B payment to get out of the scheme.

In addition, why on earth is the Govt taking up the rights option? Well its because unless they did, there isn't a cat in hell's chance of the rights issue being successful, not to avoid dilution (unless the offer price was suicidal).
The Treasury hedge fund 11:35am on 03 Nov 2009 "Lloyds' requirement for £21bn of additional capital is one of the great humiliations in the history of banking.But the bank has retained, perhaps, just a scintilla of dignity, since it is raising most of this capital from the private sector, rather than from taxpayers."

The above is technically accurate but appears to be 'spun'. As the taxpayer owns circa 38% of Lloyds, then it will have to stump up £8.5B as its share of the rights issue. In return it will get a load of useless paper and £2.5B to leave the insurance scheme. This sounds like the economics of the madhouse.

The suggestion that the injection of many billions is required to get these banks to defer bonuses is pure fantasy. RBS is at least 70% owned by HMG and can simply TELL RBS to stop paying or deferring ANY bonuses. Even at 38% in Lloyds HMG is the principle shareholder and I find it hard to believe that they could not force this through without paying any billions.

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