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Thread: OT: Carillion

  1. #41
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    Quote Originally Posted by sidders View Post
    This is now looking like a serious crisis for the government. I'll make no bones about it:much of the political blame for Carillion (in the long term) belongs to Blair. His government developed the PFI model that was the prototype. At least Corbyn's version would be state-controlled and not permitting failing directors to feather a nest with a six-figure payout.
    But May's lot have known this outfit was sailing down the swanny for 18 months and choose to give it even more contracts so that the banks would think 'Oh HMG believe in them so we can lend them even more'. That convinced nobody.
    This is a topic worthy of debate. Tarquin's puny efforts on this fred show just how out of touch he is with the UK. He reacted just as nonchalantly to Grenfell. Laxative Lad and Prisoner i961 aren't capable of rational debate so I can't blame them for dipping out.
    Okay, lads, back to you with your hand grenade b o l l o x.
    Eh? I heard that! And the usual childish attempt at swearing, naughty sid!

    Anyway, back to the main fred. Did you know that the "pineapple" design of the Mills bomb was not to aid fragmentation but to give a good grip to throw with? Not a lot people know that.

  2. #42
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    Quote Originally Posted by sidders View Post
    This is now looking like a serious crisis for the government. I'll make no bones about it:much of the political blame for Carillion (in the long term) belongs to Blair. His government developed the PFI model that was the prototype. At least Corbyn's version would be state-controlled and not permitting failing directors to feather a nest with a six-figure payout.
    But May's lot have known this outfit was sailing down the swanny for 18 months and choose to give it even more contracts so that the banks would think 'Oh HMG believe in them so we can lend them even more'. That convinced nobody.
    This is a topic worthy of debate. Tarquin's puny efforts on this fred show just how out of touch he is with the UK. He reacted just as nonchalantly to Grenfell. Laxative Lad and Prisoner i961 aren't capable of rational debate so I can't blame them for dipping out.
    Okay, lads, back to you with your hand grenade b o l l o x.
    Hello Sidney.

    As I see it the banks and the shareholders will take the the hit - not us downtrodden taxpayers.

    As a good Socialist and business expert you should know that the current contracts awarded to Carillion after their profits forecasts were made were Joint Ventures. Please check out why these JV's were made .... that is if you know what they mean! If not, go back to your books.

  3. #43
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    Quote Originally Posted by sidders View Post
    This is now looking like a serious crisis for the government. I'll make no bones about it:much of the political blame for Carillion (in the long term) belongs to Blair. His government developed the PFI model that was the prototype. At least Corbyn's version would be state-controlled and not permitting failing directors to feather a nest with a six-figure payout.
    But May's lot have known this outfit was sailing down the swanny for 18 months and choose to give it even more contracts so that the banks would think 'Oh HMG believe in them so we can lend them even more'. That convinced nobody.
    This is a topic worthy of debate. Tarquin's puny efforts on this fred show just how out of touch he is with the UK. He reacted just as nonchalantly to Grenfell. Laxative Lad and Prisoner i961 aren't capable of rational debate so I can't blame them for dipping out.
    Okay, lads, back to you with your hand grenade b o l l o x.
    So go on a political forum & debate it! personally I would rather read amusing posts about grenades.

  4. #44
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    Quote Originally Posted by ancientpie View Post
    So go on a political forum & debate it! personally I would rather read amusing posts about grenades.
    Aah, but if Sid were to do that he would meet folks with far more political nous than he meets on here and he would look rather more of a plonker than he comes across to us as. Remember, he needs to feel superior.

  5. #45
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    Quote Originally Posted by LaxtonLad View Post
    Aah, but if Sid were to do that he would meet folks with far more political nous than he meets on here and he would look rather more of a plonker than he comes across to us as. Remember, he needs to feel superior.
    You could make it a bit harder, Laxative.

  6. #46
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    Quote Originally Posted by sidders View Post
    You know me. Like to season my footy with a bit of debate. So while we're waiting for the name of the new striker, what do you think (for those of you who do) of the total up de coq they have made of Carillion?
    Who's to blame - May's misfits or crappy capitalism?
    Once again the right whingers are screaming for the public purse to pick up the damage while letting the private sector pick up the profitable bits.
    Oh, and of course, it's nowt to do with Brexit. Don't half make you proud to be British.
    Al Cid
    Of course 'tis very unfortunate. I don't really get your comment about "letting the private sector pick up the profitable bits". If they make a profit am I wrong or won't they pay taxes? You know those things that pay for stuff like needless Brexit voting procedures! FWIW the knock on effect of a company like this going to t' dogs could be catestrophic for many businesses linked to it as I am sure you would be aware. Total up be coq it may be. What's the benefit in blaming someone? Wouldn't a more objective approach by any forward thinking administration be to look at ways in which they can indeed be 'propped up' with a long term benefit to the Great British public - and fast!

  7. #47
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    Quote Originally Posted by queenslandpie View Post
    Of course 'tis very unfortunate. I don't really get your comment about "letting the private sector pick up the profitable bits". If they make a profit am I wrong or won't they pay taxes? You know those things that pay for stuff like needless Brexit voting procedures! FWIW the knock on effect of a company like this going to t' dogs could be catestrophic for many businesses linked to it as I am sure you would be aware. Total up be coq it may be. What's the benefit in blaming someone? Wouldn't a more objective approach by any forward thinking administration be to look at ways in which they can indeed be 'propped up' with a long term benefit to the Great British public - and fast!

    The left love to take the Michael out of anything that fails which does not fit into their agenda. I blame PFI’s, now what pair of idiots thought that idea up....over to you Sidney.

  8. #48
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    Quote Originally Posted by JoePass View Post
    I blame PFI’s, now what pair of idiots thought that idea up....over to you Sidney.
    A quick google search says that PFIs were introduced by John Major in 1992.

  9. #49
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    Quote Originally Posted by Elite_Pie View Post
    A quick google search says that PFIs were introduced by John Major in 1992.
    Google also says: The use of PFI was very limited until 1997 but became widespread under the new Labour government. Two months after the Labour party took office, the Health Secretary, Alan Milburn, announced that "when there is a limited amount of public-sector capital available, as there is, it's PFI or bust". PFI expanded considerably in 1996 and then expanded much further under Labour with the NHS (Private Finance) Act 1997.

  10. #50
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    Quote Originally Posted by 60YearsAPie View Post
    Google also says: The use of PFI was very limited until 1997 but became widespread under the new Labour government. Two months after the Labour party took office, the Health Secretary, Alan Milburn, announced that "when there is a limited amount of public-sector capital available, as there is, it's PFI or bust". PFI expanded considerably in 1996 and then expanded much further under Labour with the NHS (Private Finance) Act 1997.
    What's a PFI? My only financial connection with the UK nowadays is a few grand in Barclays and my premium bonds!

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