By Youngian
#114300
What's the difference a Defence Bond and other government IOUs?

They could print more money to pay for tanks. And call it injecting national security liquidity into the money supply.
User avatar
By Tubby Isaacs
#114308
These are patriotic bonds which won't be used to pay for Vicky Pollard's kids, or something.

Even if you can get a slightly lower rate from regular bonds, it's still debt and that may not pass unnoticed by the people who buy the big majority of bonds.
By mattomac
#114312
I think people need to get real.

Sadly Putin's Russia isn't going away and Ukraine have bravely acted as a bulwark for western democracy. The US meanwhile have washed their hands of it and cannot be trusted even once the pants shitter shuffles off to Hell.
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By Killer Whale
#114315
I tend to agree. Back in the 80s it was clear that the 'threat' from the Soviet Union was mostly an act, and a marketing ploy by the military-industrial complex in the West. The USSR knew internally, we knew, and most of all the Reagan government knew that the structure was collapsing from within. Reagan decided to push it faster to collapse via military spending, but in truth it was on the way out and posed no threat to Europe.

Times have completely changed. I don't know how long Putin has left, or what will follow him, but it's clear that he threatens the peace. Add in cyber threats from Russia, China, North Korea and who knows where else, everlasting war between Israel and Iran, and disinterest from a USA too divided internally to care about world stability, and you have a situation that demands that we prepare to at least look like we (Europe as a whole) can defend ourselves.
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By Oboogie
#114319
mattomac wrote: Wed Jul 15, 2026 3:00 pm I think people need to get real.

Sadly Putin's Russia isn't going away and Ukraine have bravely acted as a bulwark for western democracy. The US meanwhile have washed their hands of it and cannot be trusted even once the pants shitter shuffles off to Hell.
Agreed.

There's also the question of who follows Putin? Some commentators seem to be putting a lot of faith in Vlad's apparent ill health and/or an assassination/coup-d'état carrying him off, they assume who/what replaces him will be more benign.

Well, I say bollocks to that!

The "Ladybird Book of Benign Russian leaders" contains a picture of Gorbachev and a load of blank pages.
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By Tubby Isaacs
#114891
https://www.theguardian.com/environment ... -democrats
Every new UK home should have air conditioning, say Liberal Democrats
Really? No regional differences? New house on Shetland has to have air conditioning? I'm being a bit flippant here, but the Scottish Central belt is a fair bit cooler than London, and lots of people live there. Go as far as York and you're already a few degrees down, which makes a lot of difference.

This sounds like a talking point to aid the overriding Lib Dem aim- not those houses there.
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User avatar
By Yug
#114895
Tubby Isaacs wrote:Go as far as York and you're already a few degrees down, which makes a lot of difference.
I live about 40 miles southeast of York. The difference between here and London has been about 4°, which isn't as great as you seem to think.
By Youngian
#115443
Yug wrote: Sun Jul 26, 2026 7:59 pm
Tubby Isaacs wrote:Go as far as York and you're already a few degrees down, which makes a lot of difference.
I live about 40 miles southeast of York. The difference between here and London has been about 4°, which isn't as great as you seem to think.
Escaped over 30s on the edge of Cambs to breezy mid 20s on the Lincs coast, a big difference after a 90 minute drive.
Will Lib Dems being calling for more heaters as a solution for homes with no insulation and holes in the wall?
Have they noticed buildings in the Med are built differently? Awnings and shutters, white paint, thick walls, small windows, ventilation paths, loft vents that expunge heat. You may still need a cooling system after employing these features but it won't have to do so much expensive energy wasting work.
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User avatar
By Tubby Isaacs
#117190
It certainly would be. This is straightforward bollocks, not a question of being a bit weak or whatever things you can accuse any politician of. If the Tories get a bit more presentable, he'll be over to them. Jo Swinson was rather overplaced as leader but to her credit she did run in 2019 on increasing income tax, and other taxes.

User avatar
By Tubby Isaacs
#117204
Of all the policies that irk me, the pensions triple lock and rapid raising the personal income tax allowance come pretty high on the list. Brought to you by the Lib Dems.

Cameron hadn't supported either in 2010, but came to see the attraction of them if he claimed them as his own. So we got stuck with them, and the baleful effect on our fiscal policy.

To hear that taxes are too high from Ed Davey is a bit galling.
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