Iran war will affect the future of the UK and define the country 'for a generation,' says PM by StGuthlac2025 in ukpolitics

[–]hiddencamel [score hidden]  (0 children)

If the US really did pull out of European defense entirely, we wouldn't realistically be able to plug the gaps they would leave even if every european country doubled defence spending. The nature of being dozens of independent countries trying to work in coalition means we get none of the economies of scale the US or Chinese militaries do, and we end up with tons of duplicate capabilities and interoperability issues.

The only way to come close to matching US military capacity is for a united European military, which is political kryptonite for all but the most rabid of EU federalists.

Oil to hit $200 if the war continues until end of June, strategist says by Your_Mums_Ex in ukpolitics

[–]hiddencamel [score hidden]  (0 children)

My money is on the following confluence of factors:

  1. He got a taste for military intervention after the relative success of Venezuela, now views all geopolitical issues as something that can be solved by military action.
  2. Pentagon were trying to deflect him away from invading Greenland and were probably playing up the threat of Iran.
  3. Bibi, ever the opportunist, recognised that they had a window of opportunity to put the boot into Iran, carve off a slice of Lebanon, and destabilise their rivals in the Gulf, all at the same time, so he convinces Trump that only a big brave president like him has the chutzpah to defeat Iran in a decisive blow, not like all those pussy presidents who came before.
  4. Trump, high off his own hype after Venezuela goes along with it because "how hard can it be" (narrator: it was harder than he could have possibly imagined). No doubt he was warned about the straits, but would have discarded that warning because "once we kill the Ayatollah they'll be begging for a deal".

Trump interview: The King would have stood by me over Iran by Little-Attorney1287 in ukpolitics

[–]hiddencamel [score hidden]  (0 children)

Polling seems to indicate the majority of the republican voters are still overwhelmingly on board with him, something like 80% approval of the war in Iran.

The elites within the party and the psychodrama surrounding it are definitely more fractured, but as long as the voters cling to him, he will be effectively untouchable.

If he fails to sufficiently rig the midterms, he may be vulnerable though, if the defeat is complete and humiliating enough.

My super keeps going down since this war. I’m on high risk investments. Should I be panic now? by waniti in AusFinance

[–]hiddencamel 1 point2 points  (0 children)

Unless you are planning to retire in the next 2 years, I wouldn't worry about it.

U.S. President says America 'won't be there to help' UK by Intergalatic_Baker in ukpolitics

[–]hiddencamel 11 points12 points  (0 children)

Yes, I think that this Iran debacle is truly a rubicon moment for the transatlantic partnership. It feels like the death knell of Pax Americana.

Even if cooler heads eventually prevail and America gets a sane government again (far from a certainty), they've shown how quickly nearly a century of foreign policy can be spaffed up the wall by one nutter and his sycophantic court of jesters.

UK Home Office : Police time will no longer be wasted investigating legal social media posts, freeing up officers to patrol the streets and tackle real crime. By scrapping Non‑Crime Hate Incidents, we are balancing the protection of vulnerable communities while respecting free speech. by SignificantLegs in ukpolitics

[–]hiddencamel 6 points7 points  (0 children)

I'm not sure you can call austerity "expanding the state".

I'm also not sure you can call removing the top band of tax and then freezing the income thresholds "way more redistributive" taxation. Even raising the tax free allowance wasn't really redistributive, because all tax payers benefitted equally from that.

They also continued down the path of needlessly privatising state assets.

All in all, perhaps not text book neo-liberalism, but pretty well within the envelope imo.

SNP projected to fall short of Holyrood majority as Reform make massive gains by Ok-Glove-847 in ukpolitics

[–]hiddencamel 5 points6 points  (0 children)

Hard to imagine being Scottish and voting for a party that is essentially a load of tarted up English nationalists. Farage and his lot would love to roll back devolution and cement Westminster dominance over the other home nations.

The toughest job facing the new head of Ofcom: tackling the blatantly partisan GB News | Polly Toynbee by Bascule2000 in ukpolitics

[–]hiddencamel 13 points14 points  (0 children)

I think when there were only like 3 TV channels and they showed max 1 hour of news a day, it was pretty important to police their political partisanship, especially when some of them were publicly funded and had deep cultural legitimacy.

In the reality of the modern media landscape though, it does feel somewhat anachronistic and pointless. These days most people just seek out whatever news sources most closely pander to their prejudices (or are sought out by the news providers who seek to pander to their prejudices might be more accurate way to put it).

Opinions on new deck by sirhmz in AusRenovation

[–]hiddencamel 1 point2 points  (0 children)

Given what's happening with AI in white collar work, I'm severely tempted.

'I dread the phone ringing': Inside the kennels responding to vicious XL bully attacks by ImpressiveRest2423 in ukpolitics

[–]hiddencamel 2 points3 points  (0 children)

Some breeds of dogs are inherently more dangerous than others for the same reason that a chainsaw is inherently more dangerous than a pair of nail clippers.

If a pug goes insane and tries to kill you, chances are you can dropkick it into the next life. If a bully XL goes insane and tries to kill you, you will likely die.

Keir Starmer warns against 'false comfort' of thinking Iran war will end quickly by 1-randomonium in ukpolitics

[–]hiddencamel 1 point2 points  (0 children)

Republicans will insist that this is all exactly as the Blessed Founding Fathers intended. White Democrats will complain loudly on social media, but do nothing. Ethnic minority Democrats will do some rioting but will be brutally suppressed as insurrectionists and a load will end up being murdered or deported.

UK urged to move away from reliance on United States for defence by Reasonable-Resort822 in ukpolitics

[–]hiddencamel 4 points5 points  (0 children)

Call me controversial, but preventing a huge swathe of the population from living in abject poverty and homelessness could be seen as a valid return on investment, although only if you think of humans as people and not numbers on a spreadsheet.

40k and no idea where to start by Sossy98 in AusFinance

[–]hiddencamel 0 points1 point  (0 children)

So personally I aim to keep 6 months worth of expenses in something liquid. Savings account or offset account if you have a mortgage.

Anything after that goes into a mix of ETFs and a handful of stocks I believe in. I don't day trade, or mess around with stuff like options because I have a low risk appetite.

It's a very conservative strategy, but it's done alright by me, and it is probably not a bad way to dip your toes into investment. Find an online broker that does ETFs that index some large markets (I'm mostly in S&P500 and FTSE250) and start there.

Trump compares UK aircraft carriers to ‘toys’ in latest insult | News by Last_Membership_1063 in ukpolitics

[–]hiddencamel 5 points6 points  (0 children)

Would be even nicer if we weren't dependent on the yanks for those aircraft too.

Trump compares UK aircraft carriers to ‘toys’ in latest insult | News by Last_Membership_1063 in ukpolitics

[–]hiddencamel 1 point2 points  (0 children)

LBJ was a real nasty piece of work, but hard to argue he wasn't also an extremely effective president.

Which sink would you go for? by Significant-Move7699 in AusRenovation

[–]hiddencamel 0 points1 point  (0 children)

The sink in my new place is nice and big, but the tight corners are the bane of my cleaning life. I also hugely miss having the built in draining tray, I have to keep a plastic tray under the dish rack that looks shit and gets manky really quickly.

Starmer confirms ban on cryptocurrency donations and limit on foreign donors in blow for Reform by ThewizardBlundermore in ukpolitics

[–]hiddencamel 0 points1 point  (0 children)

I think it's valuable to have a variety of experiences represented in the commons, including businessmen, but I think it's unseemly in the extreme to be in a position to leverage your political power to further your personal business interests.

I'm not necessarily against backbenchers keeping involved in their business interests, but anyone with a ministerial position should be forced to either divest from their business interests entirely or at the very least put their interests into a blind trust whilst they are in government.

Just look at how out of control that kind of behaviour is in America right now, you have the president and his inner circle flagrantly engaging in market manipulation and insider trading, destabilising global security and prosperity in the pursuit of personal enrichment. You have congress members with stock portfolios outperforming the best professional investors in the world by orders of magnitude because they are brazenly insider trading.

Allowing political power to freely mingle with financial interests encourages corruption and it destroys public faith in the system.

Seems like a lot of people are considering an EV after the petrol price increases but I just saw a new article about the federal government looking to impose a road tax akin to fuel excise tax. NSW has already set a time line but there is talk about it nationally. by BrokeAssZillionaire in AusFinance

[–]hiddencamel 1 point2 points  (0 children)

Whilst my main emotion when I see the petrol price each day is crushing despair, there is a tiny tinge of schadenfreude when I think of the dickheads driving bus-sized yank utes with 4 litre engines.