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LordPrabhzy

Rishi Sunak becomes UK Chancellor- Replacing Sajid Javid

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https://www.bbc.co.uk/news/uk-politics-51491662

 

Rishi Sunak who went to bed last night as Chief Secretary to the Treasury and ended the day today becoming the 2nd most powerful politician in the UK government after the Prime Minister. Along with with Preeti Patel he is the second British Indian to hold a powerful Cabinet Portfolio. 

 

His father in law is Narayan Murthy but he's a mulitmillionare in his own right. Degrees from Oxford and an MBA from Standford, and ex Hedge Fund guy from Goldman Sachs.. he deffo knows a thing or two about money.

Edited by LordPrabhzy
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15 hours ago, LordPrabhzy said:

https://www.bbc.co.uk/news/uk-politics-51491662

 

Rishi Sunak who went to bed last night as Chief Secretary to the Treasury and ended the day today becoming the 2nd most powerful politician in the UK government after the Prime Minister. Along with with Preeti Patel he is the second British Indian to hold a powerful Cabinet Portfolio. 

 

His father in law is Narayan Murthy but he's a mulitmillionare in his own right. Degrees from Oxford and an MBA from Standford, and ex Hedge Fund guy from Goldman Sachs.. he deffo knows a thing or two about money.

Yup keeping the money in the hands of the few

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12 minutes ago, Ranvir said:

A capitalist dictatorship that works together to lift everyone out of poverty. Look at China.

Paaji we have this popular saying in Rajasthan that "pahar (mountains) door se dekhne me hi ache lagte hai".

Trust me you are better off without Chinese model of growth. 

Edited by Stradlater
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I think the point of this thread was to highlight that now the two most powerful top cabinet posts in the UK Government ( Finance and Home) are held by British Indians. Both are staunch conservatives and Brexiteers.

 

Im loving it- slap in the face to the Anti Semetic, muslim/Pakistan appeasing Labour party.

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29 minutes ago, Stradlater said:

That BS was proven wrong decades ago. 

Well yes for now, capitalism is truly the way foward. But I don't know things could change, especially with the AI led Industrial Revolution coming about primarily down to the effects of capitalism, socialism will start coming back to the foreground. This statement could indeed turn out to be true then.

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8 minutes ago, Vickydev said:

Well yes for now, capitalism is truly the way foward. But I don't know things could change, especially with the AI led Industrial Revolution coming about primarily down to the effects of capitalism, socialism will start coming back to the foreground. This statement could indeed turn out to be true then.

Socialism is an idealized notion that would never work irl as shown by the failure of socialistic economies vis a vis capitalist states in the 20th century. 

Market forces would always triumph such theories. On paper the concept looks really nice but it's not practical at all since it doesn't take into account the human greed and various other emotional factors . 

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20 minutes ago, LordPrabhzy said:

 

I think the point of this thread was to highlight that now the two most powerful top cabinet posts in the UK Government ( Finance and Home) are held by British Indians. Both are staunch conservatives and Brexiteers.

 

Im loving it- slap in the face to the Anti Semetic, muslim/Pakistan appeasing Labour party.

Would remain to be seen how their policies impact India. 

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3 hours ago, Sachinism said:

Yup keeping the money in the hands of the few

Labour was considered as pro immigrant and socialist party. Now it is considered as pro Islamisation and Communist party. I understand that a generation of Indians and their kids have suffered from racism and anti Immigrant views. But, new generation of immigrant Indian origins do not feel the same as times have changed.

 

BoJo was called bigot, racist, anti immigrant and what not by pro EU and libtards. Given opportunity he goes on to choose people in his ministry without looking at the colour of their Skin. Thats the point.

 

Sajid Javid was surrounded by list of people who came from his background. British Muslim community is very small. You go to remember, Sonia Khan was escorted out with armed police as aparently she was leaking the info from Cabinet. That may have continued despite her departure.

 

What is important is that Sterling rose immediately after Sunaks appointment.

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38 minutes ago, Stradlater said:

Socialism is an idealized notion that would never work irl as shown by the failure of socialistic economies vis a vis capitalist states in the 20th century. 

Market forces would always triumph such theories. On paper the concept looks really nice but it's not practical at all since it doesn't take into account the human greed and various other emotional factors . 

Well none of the market economies are truly market economies are they, so it's not like it was completely rooted out. Many of the western market economies had to adopt the principles of welfare state. In fact the most well off countries in the world right now, truly employ many socialistic principles. 

Socialism depends on the extent of development of a state's productive forces. Why I spoke about the next IR is that it could truly take the production levels off the charts, reducing the dependance on human labour slogging to achieve disproportionate wealth for a few... Elements of socialism will have to brought into the system further. It'll never be one or the other but a combination of both in the end.

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2 minutes ago, Vickydev said:

Well none of the market economies are truly market economies are they, so it's not like it was completely rooted out. Many of the western market economies had to adopt the principles of welfare state. In fact the most well off countries in the world right now, truly employ many socialistic principles. 

Socialism depends on the extent of development of a state's productive forces. Why I spoke about the next IR is that it could truly take the production levels off the charts, reducing the dependance on human labour slogging to achieve disproportionate wealth for a few... Elements of socialism will have to brought into the system further. It'll never be one or the other but a combination of both in the end.

Yeah mixed economies are a way to go. 

Crony capitalism is nearly as bad. 

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1 hour ago, cowboysfan said:

fuk that,china is a terrible country which treats its own people like dogs.

Do you think India is much better? China has much better law and order and better development. So much poverty has been eradicated in China. Countries like South Korea and China were worse off than India at one point but now look at how far they have gone ahead.

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6 hours ago, LordPrabhzy said:

 

I think the point of this thread was to highlight that now the two most powerful top cabinet posts in the UK Government ( Finance and Home) are held by British Indians. Both are staunch conservatives and Brexiteers.

 

Im loving it- slap in the face to the Anti Semetic, muslim/Pakistan appeasing Labour party.

its very gratifying for an outsider to see UK labour party trying their best to win back Indian vote lulz, make them cry and squeal. 

Edited by Vilander
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5 hours ago, Ranvir said:

Do you think India is much better? China has much better law and order and better development. So much poverty has been eradicated in China. Countries like South Korea and China were worse off than India at one point but now look at how far they have gone ahead.

what law and order? you know China is a communist country right? they can supercede any laws they want and they routinely do it against their own citizens.Communism sucks and it should be eradicated.

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On 2/14/2020 at 11:51 AM, Stradlater said:

What alternative do you propose? 

Yup, there's no alternative, those with wealth should make rules allowing them to hoard wealth and punish others. 

No other way of going about it. Get bootlicking everyone

 

On 2/14/2020 at 1:23 PM, Vickydev said:

Capitalism is the first step towards true socialism:biggrin:

Capitalism embraces socialism when it fails. 

Socialism for the rich, capitalism for everyone else. 

On 2/14/2020 at 2:40 PM, mishra said:

Labour was considered as pro immigrant and socialist party. Now it is considered as pro Islamisation and Communist party. I understand that a generation of Indians and their kids have suffered from racism and anti Immigrant views. But, new generation of immigrant Indian origins do not feel the same as times have changed.

 

BoJo was called bigot, racist, anti immigrant and what not by pro EU and libtards. Given opportunity he goes on to choose people in his ministry without looking at the colour of their Skin. Thats the point.

 

Sajid Javid was surrounded by list of people who came from his background. British Muslim community is very small. You go to remember, Sonia Khan was escorted out with armed police as aparently she was leaking the info from Cabinet. That may have continued despite her departure.

 

What is important is that Sterling rose immediately after Sunaks appointment.

LOL brown faces in his cabinet means he's not racist?

Sure Priti 'I'd deport my own parents' Patel is a fantastic representation of brown people.

Just ignore all his document racist views. :facepalm:

 

Edited by Sachinism
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5 minutes ago, Sachinism said:

Yup, there's no alternative, those with wealth should make rules allowing them to hoard wealth and punish others. 

No other way of going about it. Get bootlicking everyone

 

Capitalism embraces socialism when it fails. 

Socialism for the rich, capitalism for everyone else. 

LOL brown faces in his cabinet means he's not racist?

Sure Priti 'I'd deport my own parents' Patel is a fantastic representation of brown people.

Just ignore all his document racist views. :facepalm:

 

Again, what alternative do you propose? 

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7 minutes ago, Sachinism said:

Having the people who influence tax rates pay the least is not the way. Can you agree on that?

Because acting like this is the only way the system could be is deliberately being obtuse

but hasnt the threshold to pay taxes been increased every year? Isnt Boris proposing a rise in the minimum wage?

 

 

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6 minutes ago, G_B_ said:

but hasnt the threshold to pay taxes been increased every year? Isnt Boris proposing a rise in the minimum wage?

Sure £20 extra every quarter must go a long way.

Surely you must know better than to put faith in anything Johnson says.

Have you seen Rishi's proposals for freeports. Who is that designed to help?

Edited by Sachinism
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26 minutes ago, Sachinism said:

Sure £20 extra every quarter must go a long way.

Surely you must know better than to put faith in anything Johnson says.

Have you seen Rishi's proposals for freeports. Who is that designed to help?

How so? The minimum wage increase coming in April is £0.5. If a person works 40 hours a week (full time) this effectively means that they are pocketing £20 a week. 52 weeks in a year suggests £1,040 a year. That is not an insignificant sum.

 

This is actually happening. Not some promise which is being made.

 

https://www.gov.uk/national-minimum-wage-rates

 

ever since the conservatives had Prime ministers since 2010, the rates have consistently increased more than the RPI rate. 

 

Unless you are a member of momentum or something, you have to acknowledge this.

 

 

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21 hours ago, G_B_ said:

How so? The minimum wage increase coming in April is £0.5. If a person works 40 hours a week (full time) this effectively means that they are pocketing £20 a week. 52 weeks in a year suggests £1,040 a year. That is not an insignificant sum.

 

This is actually happening. Not some promise which is being made.

 

https://www.gov.uk/national-minimum-wage-rates

 

ever since the conservatives had Prime ministers since 2010, the rates have consistently increased more than the RPI rate. 

 

Unless you are a member of momentum or something, you have to acknowledge this.

 

 

Fine, it has been given an increase, but it still dwindles below a living wage and it doesn't make up for the harm the Tory government has inflicted in the last 10 years

 

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