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Dan Cole

Dan Cole

@cole0007.bsky.social

150 followers 150 following 2.9K posts

Retired with interest in politics

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Dan Cole @cole0007.bsky.social · 9h

Mamdani scares the GOP, Trump and the elite 1%.The idea of actually using govt to make all Americans lives better, a more progressive taxation and legislation scares them.
I’ll be surprised if Mamdani survives a year.
If Mamdani survives and succeeds then govt may have socialists elected as senators

Dan Cole @cole0007.bsky.social · 18h

Can’t wait to see AI buy goods from Amazon as the population becomes poorer

Dan Cole @cole0007.bsky.social · 18h

They can get more wealth but the tax system should reflect this and share that wealth for the good of the country and its citizens

Dan Cole @cole0007.bsky.social · 18h

What’s happening in US is historic fight between oligarchs rich and powerful, mostly white men vs everyone else. Yet no headlines in the UK press .
Also financially what’s happening in US will impact UK again nothing in the press/media

Dan Cole @cole0007.bsky.social · 18h

Haven’t really looked into it. But my understanding was that the green levy was originally placed on standing charge which is regressive.

Dan Cole @cole0007.bsky.social · 18h

Blair as PM changed @teamlabouruk.bsky.social from working class to Oxford elites. The way Rayner has been treated Starmer continues this tradition.
Back in 1997 Blair approach may have been only one to get Labour into power. Now they need to pivot back to centre left

Dan Cole @cole0007.bsky.social · 21h

Mamdani proposing to tax big companies making profits in NY11.5% on profits they make in NY independent of where their based

Dan Cole @cole0007.bsky.social · 22h

Trump won’t take this well. He’ll have 2 choices. 1. Change course and start delivering on his promises to the American people on affordability,or 2. Go full authoritarian. My guess he’ll go 2.
This will lead to invading states and possible deaths. Dark days ahead. Only GOP can reign him in

Dan Cole @cole0007.bsky.social · 23h

And as any UK @teamlabouruk.bsky.social MP will tell you, working with a hostile press where they make up, destort your work; will make it very difficult.
Mamdani also has to deal with a hostile US president

Dan Cole @cole0007.bsky.social · 23h

U mean those regressive levies first implemented by Ed Milliband pre 2010

Dan Cole @cole0007.bsky.social · 23h

Trump’s nightmare. London Mayor and New York Mayor both Asian and both Muslim. DEI in action

Dan Cole @cole0007.bsky.social · 1d

Cameron (UK PM 2010-15) called this selfless action ‘Big Society’ and used it to justify Austerity

Dan Cole @cole0007.bsky.social · 1d

Is Trump admin portrayal of the stock market misleading. Heard a professor of economics of Michigan University state a lot of the rise is due to the fall of the $. That if u use other currencies the stock market not doing so great.

Dan Cole @cole0007.bsky.social · 1d

Trump nightmare: 2 of the greatest cities New York and London will have Asian Muslim Mayors. London Mayor for 3 terms despite Musk anti posts

Dan Cole @cole0007.bsky.social · 1d

Rich: more tax cuts , lower CGT leads to growth. Investment in health, infrastructure unaffordable and inflationary (not if it’s paid through taxes) and wage rises inflationary.
To fit on a Chinese cookie: give rich 5% (us) money, not the 90%

Dan Cole @cole0007.bsky.social · 1d

He’s classed as one of the PayPal mafia with his mate Musk.
UK should be developing their own digital services for Nat security. Especially when Trump is the autocratic,throw your weight around, threaten your allies president

Dan Cole @cole0007.bsky.social · 1d

Theil doesn’t believe in democracy

Dan Cole @cole0007.bsky.social · 1d

Bonds yields r probably down as market expects tax rises and a fiscally prudent budget.

Dan Cole @cole0007.bsky.social · 1d

U learn a lot from looking at data from outside UK. Do ppl know UK owns around £800b of US bonds at 5% heals ? Also the govt owns 1/3 rd of UKs total debt needed for liquidity (don’t fully understand that). So no UK is not nearly bankrupt. Anyone would think Labour has a hostile press .

Dan Cole @cole0007.bsky.social · 1d

HS2: Where the F did the billions go?Was a line actually built?1900s Britain built 1000 miles of track using shovels and pick axes. 2009 - 2024 could build one track . HS2 and Covid 3rd world levels of state/govt corruption. Govt/ministers/MPs shouldn’t be able to place contracts,civil service job.

Dan Cole @cole0007.bsky.social · 1d

Osborne was restructuring UK away from state investment to financing private to do?
First thing on list was the NHS with the 2012 H&SC act. Billions spent on reorganising NHS (promised not to do in 2010). He left it to private who used free money to restructure their own debt

Dan Cole @cole0007.bsky.social · 1d

Infosys ran by Sunak father in law and received govt contracts when he was CX and PM.
When Sunak questioned he said Infosys was an Indian company and India don’t have sanctions. But we did and still gave it contracts. He owned Moderna shares. Gave it a Covid vaccine contract

Dan Cole @cole0007.bsky.social · 1d

2010 UK GE Tory Party No VAT increase. First thing they did was increase VAT. They put it in law for 2015 GE.
Press didn’t mention it after election.
Bet if Reeves raises tax the press will raise it again and again. NI at 8% is ridiculously low a trap set by Hunt Tory CX. Year before it was 12.5%

Dan Cole @cole0007.bsky.social · 2d

If u want to understand why MAGA still supports Trump, look at the voters who voted Brexit in the UK. They hate being told how stupid they were falling for the lies of Johnson and Farage; they preferred to hope they’ll be proven right eventually and hated those who told they were wrong.

Dan Cole @cole0007.bsky.social · 2d

Imagine the questions if Trump didn’t fall back to the tried and tested denial ‘who?’, ‘I don’t know’, or as Mike Johnson’s says it ‘I haven’t had time to look into that’.
I’ve seen this exact playbook by Johnson as UK PM. Flatly deny to get to next news cycle