Liz Truss on who really runs Britain | SpectatorTV
It's now 18 months since Liz Truss left Downing Street. She has written a memoir, Ten Years to Save the West, which records her political career since first becoming a cabinet minister. In her first broadcast interview to promote the book, she tells Fraser Nelson about why she thinks the OBR and the Supreme Court should be abolished; how Donald Trump is better for the defense of Ukraine than Joe Biden; and why she didn't listen to her husband when he warned her that her leadership bid would all end in tears.
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So basically we don't live in a democracy where who we vote for make the key policies, it's done by others who aren't elected, so what's the point of voting for the party you feel has the right policies for you when their hands are tied and they can't change a dam thing!. Which is what I got from watching this!.
Yes thats about it in a nutshell its common knowledge to any child given they start asking the right questions. People vote for 3 reasons only for their own interests or to stop others against their interests. A small few actually think that their vote counts like the nutshell you state above they either find out or not just like fractional reserve banking or entities based on maritime law.
She's only saying all this because she's deeply embarrassed about being one of the worst PM's in history. Blair had no issues in revolutionising the system
The court applies laws decided by parliament. Parliament is sovereign, not unelected PMs.
Oh dear 🙁 You cannot blame courts for implementing the law that MPs make. MPs MAKE THE LAW. If you elect a lefty wokeflake socialist government like these Tories then you get lefty wokeflake socialist law … duh !
There is no point. A new parliament of self determination for the English is needed.
The public believe we exist in a Churchillian world, where a leader can unilaterally commit the country to an apparently lost cause. Politics since WW2 has developed so that whole continents move in lockstep, overseen by a managerial class with one eye on a comfortable exit.
"With one eye on a comfortable exit." Spot on, bravo.....
And Corruption Moves in.!The people are left behind .Yet it is the people's money the Globalists are thriving on.with no exposure until now .!
Corporatocracy
Comfortable brexit
so what does that mean in plain english
The Anglo-sphere center Right has been key to reducing our ancestral homeland to an economic zone open to the World in the interests of international finance. We live under a international oligarchy now.
The post 1945 Liberal paradigm has been an acid on our civilisation. The Right should of embraced Nationalism and Third Position economics. Everything the BNP predicted has come true. The Anglo will need to become revolutionary. Nothing less.
The oligarchs are propped up by a Managerial Class. We are ruled top down. Post Democracy.
Ok mr lotus eater
Blair and the left aren't too?
@@goa9034 Blair is leftist?
You can tell from this interview that the political editor of the spectator was best man at rich boy Sunak’s wedding.
Truss has no humility self awareness 😊
No humility, no conscience, no morals, and no brains.
2 cheeks of the same arse, chatting about how irrelevant their respective Conservative ideologies are. This whole interview is farcical. Fantasy politics in full splendour. The Tories are finished.
Hasn't been the political editor of the spectator for a good while, since he became political secretary to the PM instead. Even if he was, the actual editor of the spectator would not be beholden to his own political editor
Or it could be he's interviewing an idiot. She's been a very senior accountant, deputy director of a think tank, chief secretary to the Tresury, and doesn't know what an LDI is.
Interviews with UK politicians makes me glad I emigrated. She is right though…the UK needs reform in the civil service. I worked in it and recall my American colleague saying we had two gears sideways and reverse!
as much as I don't disagree with the sentiment - an American telling us that our civil services are bloated is frightfully ironic.
@@tbsc5088 I never said anything about being bloated did I…just incompetent and lacking in dynamism.
I totally disagree with your view of the Civil Service! Having worked in various Departments for 51 years, we followed at all times the ideals of public service. You should remember the ethos that governs the Service that it stays fair and impartial and outside politics. It is the duty of the Service to give advice and to warn where necessary but not to try to change or obstruct the decisions of Government. Where problems have risen, it’s been in my experience where Governments have appointed people from outside the Civil Service to senior roles within the Service. Your experience, I accept, might have been different from mine but I am proud of my colleagues over those long years of service who worked selflessly for various Governments both Labour and Conservative. Trashing the British Civil Service seems to have become a fashion these days and it’s not maybe surprising given the last 14 years; but I think our reputation will outlast the current administration :-)
@@tonyaustin4472 I don’t know if your comment was meant to be humorous? If so it was very funny. Thank you for brightening my evening! If not then you remind of Kipling, when he wrote “What do they know of England, who only England know?” I can assure you much of what goes on in the UK public sector is not normal in the big wide world.
Liz never watched "Yes Minister"? She fired the guy at the Treasury and the Old Boy Network destroyed her. Simple as that.
Most people that go into politics, go in with ideals and dreams of change! At the end of their career, they will have only achieved the knowledge that changing the system is near on impossible! So yes, we need a system overhaul!
@keith The best overhaul would be to get rid of paper und computer digits (nothing) as money, and reintroduce gold as money, so that working people get something real for their work instead of fake fiat currency.
I went in with the dream to change the world for the better and then I got to the UN. It is the epitome of hypocrisy and double standards. All your good ideas are poached by seniors and they are loyal only to sponsors. The system is rotten, but it benefits the few wealthy and they will pay any money, sell their soul or pay for the demise of others to ensure that system never changes. If it does change many luxuries they provide for the common man will be gone. Prepare to grow your own food and farm your own animals. Most people don’t have the stomach for a total system overhaul so make the best of life while you have it and not get your blood pressure up.
So how does that happen? These have the power they won't yield it? Are we simply slaves to moronic nonsense?
YT censoring of the truth is laughable. It seems my UN experience exposing some behind the scenes events is not allowed.
Why assume change is always a good thing?
Nelson has just confirmed that he's just a Wet Liberal and should not be Editor of the Spectator.
Yes, boo to challenging anyone with similar opinions to me, I'm frightened of that because I'm insecure about my own opinions
"But it seems like and it seems like , but it seems like and it seems like..." Does this guy know anything or is he just working on appearances ?
I think she has a valid point we don't live in a democracy anymore
we have the same in Canada. ANd moreover, it looks like the whole world is the same....
You never did. First passed the post is an undemocratic system.
Liz Truss is the best proof that we live in a democracy. Everybody, and I mean virtually everybody, wanted her gone after a couple of weeks. Wish granted.
@@TheHesseJames She made serious financial errors however the elite class who criticise her have no vision. What is their vision 🤔 they just think everything is fine as it is which isn't true. The reality is we are lagging behind and even the experts at The IMF say Russia will grow faster than The USA, UK and Germany combined this year. The Supreme Court should be abolished and we need to close down a lot of quangos for definite.
We do live in a democracy. The problem is that people think the cold war propaganda of the west is what democracy is. Democracy is totalitarian, it has always been totalitarian and will be totalitarian because that is the central theme of it's political formula. De Jouvenel goes over this, Robert Michels goes over this, Carl Schmitt goes over this, even Marx gets this aspect correct. This is all old knowledge that everyone should know by now, however people like Liz never seem to have actually read any political philosophy in her life or if she has, she didn't internalise any of it. Her entire worldview seems to boil down to slogans from the last 20 years. Look at her talking about Quangos. She doesn't have anything to say about them beyond "they're unaccountable activists". If you want to know about Quangos (Or NGO's as we now call them), Read C.A Bonds nemisis, or Francis Saunders CIA and the cultural cold war. All the foundations and institutes are fronts for the US state department, CIA or both. Liz talks about them as is they are just a collection of uni students protesting their cause to the government and not state funded organisations. Her takes are very surface level for someone who led the nation and it's not surprising that Rishi was able to coup her out of government with a fake financial crisis.
Why is she still being pushed before my eyes? Why is Cameron still in politics? I mean, something is wrong here.
Honestly has to be one of the best PR cover ups by the treasury claiming the mini budget was the reason for crashing bond market and hence rise in mortage rayes. Basically we owned 60% of the worlds LDI’s which were sensitive to interest rises since the interest you have to pay back on LDI’s matches the current interest rates and given inflation at the time of course interest rates rose. Pensions were also heavily invested in LDI’s. When interest rates rose the BOE decided to sell/short its LDI’s shares hence crashing the bond market, also made worse by the strengthening US dollar and asian markets taken advantage of UK owned LDI’s. The timing of all this was coincidental and the treasury used her mini budget as a scapegoat and how the hell they got away without an investigation is beyond me. Thousands of people have lost most of their pensions and rises in mortgages leading to people loosing their homes… Also what is annoying is that the OBR said there was a £70 billion blackhole of missing taxyoayer money when there wasnt when she announced her budget trying to make her cuts seem unaffordable. To those that say her tax cuts were unaffordable, although she cut loads of tax the plan was to freeze goverment spending indefinitely. Currently with Rishi even though he brings in more tax revenue, he had also spends more. If you look at the figures we actually would have already been better off with Liz tax cuts due to less government spending compared to now.
& yet the Minister for pork markets grifter somehow manages to completely fail to mention the City of London Crown Corporation, the W.E.F., ‘Elbit Systems’ or The Pilgrims Society 😂
So not even our Prime Ministers are in charge of this country.
Only Rothschilds family runs the UK. Just ask King Charles.
I saw Barack Obama say the same thing
I have lost respect for Mr Nelson. He needs to go away and learn about the LDI scandal. which happened on the technocrats' watch. He glibly refers to '"rising bond markets". If only it were that simple.
I couldn't finish listening to the interview, just found Fraser Nelson really annoying. And his 'whispering' ... smh. Will have to continue another time. I'd be interested to hear Freddie Sayers interview Liz Truss on her book.
I lost respect for the Spectator some time ago. Andrew Neil simply wants to do Westminster party politics, and the BBC c2010. He also has TDS.
I'm a former Speccy subscriber who resigned over Andrew Neill's position on demonising and discriminating those of us who refused to be injected by an untested drug. I'm no more convinced about Nelson. He constantly interrupted Truss with his CINO opinions. I think she is quite right regarding the power of bureaucrats over elected politicians and I can sympathise with her over the LDI situation. After all, who had ever heard of this issue except perhaps, the completely useless Bailey? Certainly not Nelson despite his confidence with hindsight. However, the questions we'd all like to know the answer to is 'Why on God's Fair Earth did she appoint Hunt, which of the men in dark suits forced Hunt onto her, why did she give in and what did they have on her?"
Most people still have little idea of what happened during the LDI disaster.
@@JagdgeschwaderX. True. One of those being Liz Truss of course.
My Geordie friend, Michael, who works in a BP garage, fancies getting into marketing for a publishing company so I set him the challenge of trying to sell the new Liz Truss book to me, with me playing the role of a sceptical potential buyer. "Would you like this booook?" he said, (Yes, I know it's often hard to understand the Geordie people). "Who’s it by?" I responded. Michael said: "It's by this woman what used to be Prime Minister, but, she wasn't very good, so now she’s not. She went right doon right, and hit rock bottom man, and now she’s on her way back up right, but I mean she’ll never get back to where she was, cos them days is over like, but she’s coming back a bit." At this point I had to inform Michael that I wouldn't want to read a book like that, because it sounded depressing. I added that his sales technique was awful. And that he was low on Bodyline Brushable Joint Sealer.
Truss was not the cause of the crash. It was 100% orchestrated the blob refused to change
The Blob cannot change in a second, you have to be ridiculously thick or very naive to the point of stupidity to believe that Truss had nothing to do with what happened regarding the economy .
She literally nearly tipped over the vast private / public debt pile the neoliberals have spent 45 years building up
The problem was the American proxy war in the Ukraine. Liz supported this neoconservative venture then borrowed tens of billions to help Britons pay their electricity bills. Her tax cut programme seemed far less sustainable in view of these war measures.
@@britturk123 i never said she had nothing to do with it, but it was not her actions that did the damage.
@@Enhancedlies You literally wrote that it was “100% orchestrated” and that she was “not the cause of the crash”. How delusional can you be?
Shame that by all accounts she enforced too much too soon. I believe that potentially she would have been a positive force for Britain, and certainly an improvement on the current PM!
Mind you , if she wasn't then , she has really gone off the rails now !
By most accounts she almost managed to sink the economic system of Britain for good.
@@TheHesseJames Don't look now, but your hysterical hyperbole is showing. (And saying that Liz's less than one month in "power" did more harm to the UK than Bush Poodle Blair and his decade of "change" did? That's simply delusional.)
@@junkscience6397 Yeah, you are probably right. If she hadn't been backstabbed by the communists Britain today would be probably the richest nation with its citizens not knowing on what to spend all their monies on buying up the whole world.
@@paulhollett8415 How so ?
Prior to Brexit I had been reading a number of biographies of leading politicians from both the left and right. Many of them complained about the restraints that the EU had put on their actions. It is interesting that Liz Truss is now putting forward very similar complaints about the Establishment in the UK. For example the EU were blamed for high levels of immigration but now it is the OBR that are to responsible.
What i cannot understand is that she was a Ramianer against Brexit at the time. When the vote result was known she was then a Leaver. She was in the Lib Dems then went to the conservative Party. Now she is like this. It really does not make much sense to me.
@@paulhollett8415 Sounds like excuses to me. "Oh no, I want to reduce immigration but OBR,EU, Treasury, etc won't let me". For all the talk about the way the civil service run departments, they do not. If a minister, with the backing of the PM and the party, order them to do something, they will do it. You just have to keep the pressure up. Say do something by next week, than when they don't, exoise it, tell them off.
yes, a lot of populist power hungry narcissists tend to object when democratic organisations prevent them from doing things that are evil and/or stupid. it's a common complaint much akin to small children complaining they're not allowed to throw stones at the neighbours cat or push forks into electrical sockets.
Well, Truss seems to have had a Damascene moment and finally realised what many of us have known for too long.
Right ideas ! 👍 keep at it Liz, you have the solutions. Government is the actual problem 🙄
I once met Liz Truss at a charity do. She was surprisingly down to earth and extremely funny
Marvellous.
That’s nice for you
@@neilrobson3064You here with Jean? Knd gds, Alan
@@neilrobson3064 thanks. Jeremy Clarkson won the raffle. A wonderful evening ❤️
She spends millions on private jets
What a piece of work, & I wasn't referring to the book. 🤨
My mate Truss says "And they dare to suggest other countries are dictorships" 😂 she goes on to say "At least they know whos in charge, we have no idea"
Zero seats.
Cannot wait to have a socialist Muslim appeasing woke regime on steroids with a PM who lacks the intelligence and character to state emphatically what a woman is.
Calm down ffs
@@TimComley Zero. Seats.
For Reform? I think you're spot on. Under FPTP that's all they can get.
Vote Reform!
As a Conservative Party Member I voted for Liz Truss - the IMF moved her out and 'installed' Sunak and Hunt instead. I'm no longer a member of the Conservative Party.
I'm sure your departure is still discussed in No 10.
@@johncraske Very droll! you smart ass!
So you are to blame for the utter disaster that this idiot visited on the country. Thanks for that.
Back to the tinfoil hat brigade you go.
Voting for Truss says a lot about you, and it aint looking good...
Remember, 1p off income tax crashes the entire economy but giving £12bn to Ukraine is totally fine and spending £400bn on Covid measures is also absolutely fine!
So sad.
Time to suggest tears, blood and sweat to population, hope you get a nice program for better times after proposed hard times. Otherwise world going to miss your law, finance culture and overall
Whos decision was to restrict ROSATOM aceess to UK? 20 something billions only there
Why did Truss interfere in Ukraine elections .....why not ask that question?
how much does Freddie expect Truss to have gotten done in 42 days? like he's talking at her like she promised and failed to deliver over her term. she had barely the opportunity to have a cup of tea! for christ's sake
Well, she was thrown out after 42 days, wasn't she?
@@ahartifyNo she was democratically elected by Conservative Party Members and then assassinated by the conservative lefty elite so that their preferred candidate, Sunak, could preside over the eventual elimination of the true conservative leaning Conservative Party.
She has done enough damage in those 42 days.
Freddie?
When she choked on her first cup of tea and blew it. Game. Set. Match.
possibly could have done without the american-style intro movie or at least have a timestamp to the actual start of the video.
Well? When is that? You suggest it, you watched to that point, when is it?
1:28
If the "American style" doesn't meet with your approval, try watching Ms Truss following in the steps of Farage, where she makes a nauseating speech at the Trump rally. If that doesn't blow a hole in her loyalties, I don't know what does.
Yep, it's MAGA Lizzie
Anyone buying Liz Truss’s political rebranding...or her book?🤦♂😂 Me neither!
Please please run for leader ! It will completely destroy the Tories if she's re-elected 🤣
Reform is the only party committed to System Reform. It's time to ditch the socialist Tories.
Don’t they want to re-open the mines and nationalise the steel industry?
No, Heritage is the only one which has been against the nonsense right from the start and which will turn things around.
Reform and Tice allow self-professed communists at HopeNotHate to vet and veto their candidates.
I don't trust, pro-jabs, Richard Tice. Heritage or Reclaim parties.
The Spectator needs a new editor, Fraser Nelson would be more suited to the lefty Guardian. That way he can spout his anti Conservative, pro open borders nonsense all day long.
Yep, pretty much.
Sounds like she hasn't watched Yes, Prime/Minister
I think Fraser is correct when he asks, is this you writing the obituary of the Conservative Gov. This entire interview feels like a post justification and an excuse for barely any delivery.
The Art of not being able to make a Coherent Argument on anything.
Popping down to Poundshop this morning to get a copy of her book. Will the crayons be included,or will I have to buy them separately?
Answer to her question - foreign billionnaires who control the opaque think tanks of Tufton Street, who then control the overall direction of the Tory Party via the front bench or back benches as circumstances dictate. The same people who pay ridiculous sums to fifth rate controllable Tory politicians to give speeches to think tanks in the US.
I was certain Mad Nads Dorries was the thickest MP of all time, i might have to change that now, Thick Lizzie takes over.
After this you have to go a step further and actually ask is she 2 sandwiches short of a picnic basket ( I’m being serious) if you listen to what she says it’s totally ludicrous
Really? David Lammy? Diane Abbot? Grant - he of many names - Schapps, Midazolam Matt Hancock? Angela Rayner?
@@thomasalexand There are more Densa members in the Tories than anywhere else. Priti Vacant, can't even read out the number of Covid tests, Dorries and her tennis pitches, Mr Not So Cleverly can barely tie his own shoelaces.
@GerryT. Both parties are as bad as each other. And of course, there are also the LibDems and the Greens.
Immigration. Theresa May signed the United Nations Migration Compact in 2018. This entitles anyone to migrate regardless of their circumstances. It doesn't take a genius to work out that the migration will be one way traffick, i.e., migration from countries outside Europe, mostly third world countries. The UN regards criticism of this compact as hate speech.
Well done Lizz Truss for calling out the Quangos. Their professional failure rate, in comparison to financial investment into them makes 1970's British Rail look good. Again well done Truss.
ZERO SEATS!
Benjamin Disraeli told us who runs the country. No need to explore further, just heed the lessons from history.
Who? Who really runs Britain?
@@wrestlinginfodude2644 Whatever you do don't think for yourself!
@@romac9516He was nothing more than Rothschild agent taking orders.
@@wrestlinginfodude2644 the same guy as in the mid 19th-century apparently!
@@softondrugsthe same tribe. Disraeli should know
When she starts talking about Ukraine it all comes flooding back. Good god this thing is thick as mince. How the hell did it ever get into a position of such power?
"The mess we're in"... after 14 years of Tory govt! Keep saying it, though not to make it true, but so that people don't forget the truth.
We've taken the UK out of the EU, we still need to take the EU out of the UK.
Costing £100bn per year to come out of the EU …until those exit fees are paid we have not left the EU…maybe on paper but realistically at those exit fees we are paying more now than when we remained…brexit was not implemented very well…being a part of the ECHR still says a lot we haven’t technically left the EU. £100bn a year exit fees is a joke that’s criminal amounts of exit fees
@@user-DANWALKER1066 no its not costing 100bn a year at all or anything like but it is costing us too much
@@thetruth9210this is a snippet from Bloomberg research ….. “Bloomberg found that Brexit is costing the UK economy £100 billion a year”! The realistic cost of brexit and until that divorce payments are made I don’t see how we have left the EU as we are still paying a lot of money. To be in the EU £350m a week to the EU was crazy with a rebate of £30m what a joke! I’m for Brexit but it’s going to take a long time before we see the advantages
@@user-DANWALKER1066 That's not what I said. There is no way I would have paid any divorce bill (it will be interesting to see if Scotland leaves the UK what divorce bill they will pay or will we pay them) What I said was its not costing us 100bn a year. I don't care and have no interest in anything Bloomberg says they have been anti Brexit from the start Michael Bloomberg said Brexit was the stupidest thing a country had ever done so forgive me if I don't think they are impartial. I prefer to look at the things were were told would happen that absolutely did not happen rather than some creative accounting by left wingers trying to prove they were right all along when they were not
@@thetruth9210 ok
Will her next book be called "Bouncing Back"? Will she have the last laugh?
Simple,the ones you cant criticise they are your Rulers.😊
If you want to discover who rules over you. Find out who you are not allowed to criticise.
Zero Seats
"You were tapping the markets for a staggering amount of money" he says as he brushes over borrowing our entire GDP to pay people not to work for a year.
Funnily enough, he was at the meeting when lockdown was agreed. When the meeting had ended Fraser said to Boris Johnson; "Locking down the country! Are you serious? A Conservative government removing people's freedoms!"
All she was doing was not implanting a tax rise that had never been in place then the bank of england pulled the rug out from under her.
"The wise man blames himself, the fool blames others" - Confucious
Yes, this is not the real problem, and Liz knows this very well, maybe it could also be emigration, but the problem is that almost all companies that have profits of several million or more do not pay taxes, and the problem is not only here, the profit of those who do not pay taxes are not invested in the UK, money goes to other places, but they all, I mean the government, have businesses that do this.
Rescind all Net Zero rules, then you have my vote, you still have a few month's.
Lettuce prey.
I think with that comment your simply thinking of reveg.
@@britturk123 reveg, like lettuce, is a dish best served cold.
@@richardbyrnes8398 Love it, mate.
I’ve been looking forward to watching this all day. Need a good laugh
Prefect timing for her book, should do wonders for the opposition already powerful lead in the polls, well done Liz, as usual a vote winner.
You certainly wont get any strengtrh or mnoral clarirt fron the fest of the Conservcative Party or government and nor, may I say Fraser, from the MSM. So the problem existed when Cameron-Clegg came into office and nothing has been done to resolve the blob issues and Truss admits they made it worse. So why did she not get on a platform years ago and shout about this. So the longer this discussion goes on the more and more right the analysis of those regularly abused by Tory politicians. People like me who complained about the EU and its effects on democracy and at a Bruges Group meeting soon after he took over the Speccie editorship he seemed not to understamnd the point. So UKIP nutcases were right and those oh, so clever chaps in Whitehall were wrong. Still no explan ation why we cannot use work permits instead of "immigration" which is permanent right to abode, regardless of official status. Increaded immigration makes the countryt poorer unless the average earning sof them is aboiut three times current avderage UK income and that must take accoiunt of all dependants of anyone with a work permit. The idea there is an adverse relationship between controlled, lower immigration and GDP growth is barmy. Just mad.
Why is Fraser Nelson's moral clarity the issue here? He's doing his job as a journalist by holding Ms Truss to account. Why do you find that unacceptable?
She sounds confused on the issue of Trump. It's true that he gave Ukraine some Javelins, but that was because he was hoping for something in return, namely a compliant Zelensky. But to deduce from this that he would carry on supporting Ukraine is to ignore every statement he's made on the war. It's prudent to heed what people say rather than second guess what they're going to do once in office.
Well, it was the quid quo pro fiasco. Trump wanted info on Hunter biden and in exchange he'll supply weapons.
Who really runs the country? One thing’s for sure, it’s not Liz Truss! 😂
Is there any news outlet she hasn’t done an interview for? You’d think she had a book to plug, or something. 😳
She shouldn't be given any more air time !
Indeed she has. But why the hell buy MAGA Lizzie's book to read, what I could hear at Trump rally any day.
A book worth plugging in order to uncover the criminal reduction in democratic control over the country.
@@StephanieTihanyi Vacuous smears.
@@paulhollett8415 yeah cancel her thats what they left do when someone says something they don't like
She's insane and deluded
How so?
Her inability to explain her position on Brexit completely destroys her credibility and clarity of thought. She is a professional politician who rose to be PM, but she admits she didn't realise the power of the bureaucracy (ie. lack of democracy) until after the referendum. She should have referred to the 52% of the population who could see it as plain as day. I despair of our political class. They are clearly drawn from the wrong pool.
Everyone is entitled, based on new evidence, to change their mind.
No she was a remainer but once the vote was to leave she accepted it. Respect to her for that
England has fallen......
I might read her book as a piece of fiction, a novel. I don't see libraries categorising it under non-fiction, though.
How is pouring weaponry into a foreign conflagration whilst importing infinite africans 'conservative'?
infinite? explain.
@@Jon-xw9om Unlimited. Because I don't see them trying to limit numbers.
@@johnwade1095 figures would help. i know you're racist and therefore a bit stupid, but at least try to back it up with evidence.
Zero seats
Watched 5 seconds and already annoyed. She cuts off the interviewer to seem decisive and then talks in that Wally voice of hers 😂
What Truss doesn't mention is she did not consult the Bank of England about her plans. So they didn't have a chance to counsel her on whether Bond Market changes would be risky.
But she’s a democratically elected politician so why should she consult anyone else. That seems to her position. The fact that only Tory party members had a vote and Tory MPs only supported her on the promise of a post in government flew over her head. She can deflect all she likes but the markets took one look at her neo-con economics and voted her down.
I remember when Cameron said thered be a bonfire of the Quangos and hed do away with most of them, wonder what happened?
By attempting to remove the 45% band she (well Tufton Street) stuck two fingers up to the whole country. Totally politically inept.
Do you understand what she was trying to do ?
@@TimComley Well she said that it was to simplify tax calculations. In reality it was more likely to be a strong signal of intent to the Tuftons and their acolytes. To the rest of us who have been told for years that austerity was essential, to suddenly give high earners tax relief was naive and out of touch in the extreme. However, by then I had been pigeonholed, along with much of the UK population, as a member of the Anti-Growth Coalition - another act of political stupidity - so this viewpoint is expected.
mad pure and like her simple. anybody who thinks different. needs to get back in their basement
She's all over the place. Didn't understand the extent of the affect from Brussels on the UK, while the general public who voted Brexit did, and is ok with 100-150k immigrants per year, while the general public want if stopped. Our culture and the detriment to our services is more important than economics
Your post makes no sense.
The British empire height was a global empire
Liz was the last real chance the Tories had of turning around their leftward spinning decline, and they screwed it up in favour of the ultimate 'man that nobody wanted' Little Rishi.
she's simple. and not in a good way.
Lone she is hated by the uk public ….. your talking waffle
@@Gary-le7dzYour wrong.
@@Jon-xw9om She is very sound indeed.
@@williebobs3830 he's right. you're wrong. she's universally seen as a disaster.
Basically what she is saying 'Should the Bank of England or any other institution except parliament or the polls be able to sack a PM ?'
I think what she is saying or has said is that there are all sorts of unelected bodies and institutions in the country and the world that are taking power for themselves and are unaccountable to the people
@@thetruth9210 I think she was referring to the BOE because that is what cost her the PM position.
@@sebastianvella8992 It was they BofE took her down so that they could install one of their own Sunak who had worked for Goldman Sachs
@@thetruth9210 100%
Her book has an interesting title - I think it’s optimistic to say the least
does it come with crayons?
@@Jon-xw9om That's way too complicated. The preferred medium is faeces.
Ultra Left questions vs common sensical reasoned replies. UK doesn't deserve such a smart PM
Much more interesting... who or what is running Loony-Lizzy ??🤔
this whole pretence that Nelson doesn't understand or see what a deep state could possibly be, and make it out to be childish just expresses how little he actually gives a shit - its blatantly clear, as Truss said, that the bureaucratic state is huge and over powerful, this is not controversial.
Nelson is an absolutely spineless clown of an establishment misinformation-spreader.
he, as the interviewer, has to take this position in order to ask questions for the 'layman' so it were who doesn't constantly read about uk governance.
Alright! Who’s let Liz out again? This has got to stop, give me the keys!
Hey, sunshine, there is no rising tide. Th3 U.K. has been broken by sh.te Leftism.
People with a lot of confidence and a little knowledge are the most dangerous.
People in the uk love truss , higher mortgages due in part to truss kwarteng s disastrous budget …. Her approval rating is fab to minus 75 , to that in perspective sunak is the most unpopular pm after truss at minus 35 ….. in other words she is hated by the uk public
but she is not
I'm certainly not going to waste my money buying her book. What about you ?
Fair enough
he next conservative government must reverse all blair's constitutional changes
With the end of colonies, British treasury runs dry, all the wealth from the overseas exhausted and no more opportunities to invade and loot.
Liz Truss still doesn't seem to realise that she was brought down by a rather arcane technicality in the financial markets, which caught everybody by surprise. (I mean everybody). Who knew that the defined benefits pension industry had structured their portfolios for maximum profits, using massive leveraging on their gilt holdings (with fancy derivatives to offset risks), called LDI, but which could not handle a spike in interest rates over too short a period, which in turn led to a cascading gilts market, owing to the margin calls and forced sales of their gilt holdings? This was the "crash flash" of the rather boring gilts market. Thank God, the BOE stepped in to save the economy. Question: have the defined benefits pension scheme portfolios been restructured to eliminate this risk, or is the time bomb still there?
I haven't seen a proper, cogent explanation of how the LDIs work, just a rough outline. It's all a bit too "abacus economics" for most journalists (and Liz Truss/Kwasi Kwarteng).
@@Beach_comber Like the sub-prime mortgage legerdemain, you are not meant to understand. Just know one thing, when you see the word "leverage", then disaster is imminent, so it was Leveraged Liability-driven Investment that caused the problem, not necessarily LDI on it's own.
Bof E created the problem so it could solve it after Truss was gone. Why on earth would the BofE sell gilts just before her budget if not to bring her down?
@@thetruth9210 I take it my arcane comment was beyond you?
Thank you Spectator TV for delivering a probing and interesting discussion. No way would you have got this on BBC or Sky it would just be shouting, accusations and attempts at Gotcha moments for social media shares. Thoughtful long format interviews are what you do best.
Yes. He gave her the rope and she did the rest herself. Not unlike her Premiership in so many ways.
SHE WAS A REMAINER!!!
I support Liz Truss 100% Liz Truss is not the problem she is the solution to the problem
Why does the media give this person air time?
Same employer.
because people want to hear here. We like hearing different views instead of cancel culture closing down topics the left does not like
Absolutely delusional.
So Sunak steps in, "crisis" disappears now your fighting with Russia..... What a bloke
"If we're never prepared to argue that taxing high earners too much is a bad thing then why are we here?" Tory cat out of the bag
She doesn’t have the language to describe the problem. She refers to “the left”, but I think she means the public/private partnership or managerialism as described by James Burnham (in the managerial revolution 1941). Whereby, the traditional capitalist entrepreneur is replaced by the asset management fund. Which has a symbiotic relationship with Government (buying rubbish government bonds and in turn expecting to be bailed out if they ever face problems). Because she doesn’t have the language to describe it, it leads to her saying things like “lefty bankers” etc which the public just laugh at.
She is deliberately vague because all she is doing is setting up scapegoats. This nebulous leftist infiltration into whatever it is she wants to attack / blame / reorganise / get rid of, it's all very useful as an excuse for ineptitude and corruption and as some perceived monolith to rail against and claim to be able to defeat (if only given free reign to take away everyone's rights, pensions etc) hmmmm
There's nothing wrong with her language. Her aim is to win over uneducated, lower-class right-wingers who are more susceptible to simplistic populist rhetoric. She's changing her marketing and trying to appeal to a different demographic, as conspiracy theories are the only way she can save face after her shambolic premiership. And judging by this comment section, her strategy seems to be working!
This is pretty much it, not being partisan but she comes across as somebody who has a genuinely low IQ and may be somewhat gullible (at least to me). She talks like she gets all her information from so-caled think-tanks that each have their won looney conspiratorial view of the world, its like she is trying to draw a line of best fit through a scatering of really awful advice. To her mind that passes as "the truth" somehow. I would agree that the truth is a lot closer to what you are actually describing.
Thankyou, for this - will read “the Managerial revolution”
Liz Truss sees through the mess and, on balance, has the guts to say so and has tried to act accordingly. We have all learned that the blob has no interest in change as it would undermine their own position.
The blob seems overly invested in risky Derivatives that shortly went shaky that day until the BOE intervened
Her plan would only have worked if no one else had an opinion, becoming PM doesn't mean you can legislate a single opinion for everyone.
The Lettuce won!
Omg she's even worse than I thought.... and thats something. 😅😅😅
She is mad.
ordered the book
Ah it was you
@@martinhsl68hw You don't have the intellect or anything of significance in your life to be able to write a book
along with 'art of the deal' ?
@@Jon-xw9om hehe no i dont own that one yet!
@@martinhsl68hw ahhahahahahha!!! good one! yeh, the review and star rating will be by me too
Was not that Poroshenko who applied missels against own cities?
This woman has no shame, the fact she even dares to show her face after his disaster in office, never mind the audacity to blame everything but herself - either deluded or desperately scrambling for a way back
Well it wasn't her who ran the country was it😅