American Reacts to the Resignation of UK Prime Minister Liz Truss

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Tyler Rumple

Tyler Rumple

Жыл бұрын

The resignation of UK Prime Minister Liz Truss has been one of the rare news events to actually capture some US mainstream news attention. However myself and many other Americans like me have no idea what the context or story behind Liz Truss actually is. That being said I am very interested to react and learn about the specifics of Liz Truss' resignation from my American point of view. l If you enjoyed the video feel free to leave a comment, like, or subscribe for more!

Пікірлер: 540
@paulmidsussex3409
@paulmidsussex3409 Жыл бұрын
The only reason Liz Truss lasted so long was the death of the Queen delayed her policy announcement by 2 weeks.
@geoffpoole483
@geoffpoole483 Жыл бұрын
And the party conferences- that's another 2 weeks of no policy announcements.
@zo7034
@zo7034 Жыл бұрын
Yep out of the 44 days of leadership, she actually worked for like 20 of them. So it was 20 days of leadership really
@jasonalldridge5784
@jasonalldridge5784 Жыл бұрын
The majority of the Conservative party are corrupt and inept, but to make it worse she was a puppet for 55 Tufton Street, along with the far right Jacob Rees-mogg,
@catherinewilkins2760
@catherinewilkins2760 Жыл бұрын
We want Larry the cat as PM.
@autohmae
@autohmae Жыл бұрын
at least the cat knows how to stay in office
@Britishgeohistorian
@Britishgeohistorian Жыл бұрын
Chief mouser
@sueb3747
@sueb3747 Жыл бұрын
I thought he was already
@raistormrs
@raistormrs Жыл бұрын
The Cat had me, when he did that kzfaq.info/get/bejne/Y-CaosWTv5ucd4k.html 😂 the cat is a good judge of character:
@helenchelmicka3028
@helenchelmicka3028 Жыл бұрын
Def!! #LarryforPM
@anotherthez7598
@anotherthez7598 Жыл бұрын
Well: "She swoops in, kills the queen, crashes the market, and then fucks off!" - Jonathan Pie. 🤣
@reggy_h
@reggy_h Жыл бұрын
He puts things in a nutshell.😂
@ben-tendo
@ben-tendo Күн бұрын
We need a lot more Pie reaction on here 😂
@SteveBagnall-gh1fu
@SteveBagnall-gh1fu 23 сағат бұрын
Love a bit of Pie.
@robertlisternicholls
@robertlisternicholls Жыл бұрын
One daily newspaper had a competition as to what would last longer:Liz Truss or a lettuce. The lettuce won.
@stevefrost64
@stevefrost64 Жыл бұрын
What do the people of the UK think about all this you ask? It's bloody embarrassing that's what we think.
@zephon6745
@zephon6745 Жыл бұрын
It is annoying too.
@Dubjaxfilms
@Dubjaxfilms 10 ай бұрын
Speaking as a Brit, Liz Truss was (and is) a 24 carat gold plated moron, it goes way beyond embarrassing.
@stumilesyt
@stumilesyt Жыл бұрын
Some CliffNotes for you on the timeline before the video! - Boris Johnson's resignation was triggered by his close allies resigning in protest over his integrity, most notably Rishi Sunak his chancellor. - Rishi betraying Boris left a void in the subsequent leadership contest; Rishi was the natural successor but seen as a traitor, leaving room for the likes of Liz Truss. - Liz won the contest by promising radical economic solutions to fix the UK's current cost of living crisis (caused by high gas prices in Europe from the war in Ukraine). - She appointed her friend Kwasi as chancellor, and he announced a serious of extreme tax cuts and a freeze on energy prices, all funded by more government debt. - This shocked the international financial markets and the Pound fell hard, meaning the proposed government borrowing would be even more expensive and basically impossible. - The Bank of England had to intervene and started buying UK government bonds to avoid an economic collapse. - A week later, Liz sacked Kwasi and one by one began U-turning on all the proposals. - In disaster recovery mode, she has a last-minute idea to use the fracking ban vote as a chance to re-establish some authority... and the video covers it from there!
@Brimenting
@Brimenting Жыл бұрын
Good summary.
@wanderingfool6312
@wanderingfool6312 Жыл бұрын
@@Brimenting I’d add, whether Rishi was a traitor or not is really a matter of perspective, and the economic problems in the U.K. were also a result of the pandemic and Brexit.
@simongleaden2864
@simongleaden2864 Жыл бұрын
That's a useful summary, but I question your description of the proposed tax cuts as "extreme". One percentage point off the basic rate of income tax and returning the top rate to what it was under Tony Blair are quite modest cuts. On corporation tax, no cut was proposed, but a cancellation of the previously proposed rise from 19 to 25 per cent.
@tgcrowson
@tgcrowson Жыл бұрын
I would add that Boris lied and became a liability. Rishi was probably acting in the best interests of the party rather than betrayal. Also Rishi warned Truss of the consequences of her policies and was proved correct. Truss acted out of incompetent arrogance and reaped what she sowed.
@pheart2381
@pheart2381 Жыл бұрын
That about covers it.
@robertlisternicholls
@robertlisternicholls Жыл бұрын
She has shown no contrition whatsoever. A disgrace
@Sophie-mv7bd
@Sophie-mv7bd Жыл бұрын
The general public gets absolutely no say in this election
@gmdhargreaves
@gmdhargreaves Жыл бұрын
Lobby for a snap General Election!!
@brentwoodbay
@brentwoodbay Жыл бұрын
@@gmdhargreaves Theoretically Charles could make that happen!
@simongleaden2864
@simongleaden2864 Жыл бұрын
Yes, and that's how the British system of representative democracy works. The public's role is to elect a House of Commons at least once every five years.
@cameronrichardson3108
@cameronrichardson3108 Жыл бұрын
@@brentwoodbay he could but then he would no longer be politically neutral
@reluctantheist5224
@reluctantheist5224 Жыл бұрын
In the UK we don't vote for a PM , only the local representative we wish to represent us. (Though we often know who the PM will be )
@gmdhargreaves
@gmdhargreaves Жыл бұрын
You`re wrong a general election voted by the public votes in a PM a Prime Minister
@matthewbergeron3641
@matthewbergeron3641 Жыл бұрын
Same as america honestly. The electoral college can technically vote for somebody completely different, even for the other paries leader if they wanted to. The president isn't a nationally democratically elected individual, but instead elected by a panel of elected individuals
@laurabailey1054
@laurabailey1054 Жыл бұрын
In Canada you vote for MPs and MPPs but not for the Prime Ministers and Provincial Premiers.
@Psyk60
@Psyk60 Жыл бұрын
@@gmdhargreaves Technically not. When you vote in a general election, the name of the candidate for PM is not on the ballot (unless you live in their constituency). You are voting for an MP. You know who will be PM if a particular party wins though. So you're sort of indirectly electing a PM. But technically you are only electing your MP.
@gmdhargreaves
@gmdhargreaves Жыл бұрын
@@Psyk60 No you're wrong and your comment makes no sense- in a GERNERAL ELECTION you are voting in a PM (a Prime Minister) to be on a ballot you already have to be an MP you can not have GE without all parties having a leader
@paulhunter7002
@paulhunter7002 Жыл бұрын
In the UK we have a parliamentary system and parliament is sovereign. The prime minister can be changed during the term of the parliament without going to the country for a general election.
@jemmajames6719
@jemmajames6719 Жыл бұрын
I think the process seems very woolly.
@gmdhargreaves
@gmdhargreaves Жыл бұрын
We MUST HAVE A SNAP general ELECTION!!!!
@rickkelly5652
@rickkelly5652 Жыл бұрын
think its like that for most commonwealth nations, tis the same here in Banada
@cheman579
@cheman579 Жыл бұрын
sovereign dual?
@trevorlsheppard7906
@trevorlsheppard7906 Жыл бұрын
What Truss did was to undermine the financial markets confidence in Britain ,so the cost of government borrowing became higher , this meant some of pension funds where ordinary people's pension money is invested would be unable to pay people's pensions .
@Albags38
@Albags38 Жыл бұрын
The video you’re watching doesn’t fully explain the economic disaster that Truss triggered
@branthemuffin5872
@branthemuffin5872 Жыл бұрын
And neither have you
@philiptodd6255
@philiptodd6255 Жыл бұрын
The smiling part you weren’t the only one to pick up on that
@simongleaden2864
@simongleaden2864 Жыл бұрын
She's probably just relieved that her nightmare is nearly over.
@reluctantheist5224
@reluctantheist5224 Жыл бұрын
Unconfirmed , Larry the cat has 100 names put forward.
@Durgesuth
@Durgesuth Жыл бұрын
He’s been made a Lord….sir Larry of Catford…
@billiestevens5333
@billiestevens5333 Жыл бұрын
To be fair to Larry he would struggle to do any worse than this shower.
@paulcrowley8587
@paulcrowley8587 Жыл бұрын
@@billiestevens5333 He would have done the right thing. Nothing.
@brian9731
@brian9731 Жыл бұрын
You pointed out that Liz Truss was almost smiling making her resignation speech. I noticed that too at the time and I recall when Teresa May resigned, she was choked up as she completed her similar speech. I think Theresa May was genuinely upset that she had not succeeded to her own satisfaction or that of others to do an almost impossible task around Brexit.
@MaLiArtworks186
@MaLiArtworks186 Жыл бұрын
I would be smiling too if I will get $100,000 a year for life.
@ianroper2812
@ianroper2812 Жыл бұрын
LoL she and her chancellor of the exchequer put out a mini budget which sent the whole stock exchange to crash and burn to the extend that people who had mortgage offers on their new house, cancelled and those of us saw our win mortgages raise by several percentages, leading to some people having to find £500 more per month on their mortgage. She then sacked her chancellor and appointed a new one, who then reversed nearly all of the mini budget. She then sacked several people. Every day she was in office, it became clear that it was going to get worse. And so, it did.
@jazmo6662
@jazmo6662 Жыл бұрын
She doesn't smile, she smirks!
@Robr1701
@Robr1701 Жыл бұрын
She constantly looks as if it's one big joke to her.
@AL-tm1ve
@AL-tm1ve Жыл бұрын
ugh yeah her little smirk during that speech really makes my blood boil
@pheart2381
@pheart2381 Жыл бұрын
Makes me wonder whether she is of sound mind.
@Shoomer1988
@Shoomer1988 Жыл бұрын
It not not so much that she did nothing to help, she's made everything much, much worse - pretty much overnight.
@illegitimateotaku794
@illegitimateotaku794 Жыл бұрын
Please react to TLDR'S video about what killed Truss's premiership - it was advertised at the start of this TLDR video. It explains in more detail how she crashed the economy and the other reasons Tory MPs lost confidence in her leadership.
@paulmason6474
@paulmason6474 Жыл бұрын
We want Guy Fawkes back now!
@carlhartwell7978
@carlhartwell7978 Жыл бұрын
8:21 A far better trivia question in 10yrs might be 'Who on earth was Liz Truss'!
@laurabailey1054
@laurabailey1054 Жыл бұрын
In Canada they say “Joe Who?” and he was in office longer at around 7 months
@gdok6088
@gdok6088 Жыл бұрын
You put the pieces together impressively well for someone new to the British political system. Things have been so crazy that I think we Brits have had a hard job making sense of it all. Aside from the party politics and undoubted political mistakes, I think the underlying problem is that many economies around the world are creaking after the double whammy of the pandemic followed by the war in Ukraine.
@jonathanodude6660
@jonathanodude6660 Жыл бұрын
the fact of the matter is that an OBR report would have prevented any instability. i can only imagine it was not provided because it was unappealing for the government, which is what the market would have concluded as well.
@gdok6088
@gdok6088 Жыл бұрын
@@jonathanodude6660 I totally agree. I was trying to be apolitical, which is in truth impossible! I actually think from listening to several economists that the problem started in the UK, USA and other countries with the massive QE programmes, huge Covid related fiscal interventions and central banks, including the BoE being too slow to raise interest rates to slow down inflationary pressures. An OBR report should have been undertaken and would perhaps have averted the mistakes of the 'mini' budget and the subsequent catastrophic market reactions. Alongside this I do also think that countries from Japan to the USA, UK and others are walking an economic tightrope at the moment. All the more reason to tread very carefully - Truss and Kwarteng threw all caution to the wind, very purposefully avoided scrutiny by the OBR and as I have recently learned did not even inform the Governor of the BoE of their plans. Unsurprisingly it all blew up in their faces.
@jonathanodude6660
@jonathanodude6660 Жыл бұрын
@@gdok6088 spot on. though, id say that i saw recently that the japanese government has a lot of cash in hand so they will never be as insolvent as the UK or USA, and can sell off state assets if things get dire as well.
@gdok6088
@gdok6088 Жыл бұрын
@@jonathanodude6660 Japan's Debt to GDP ratio is an eye-watering 259.43%; Italy 150.3%; USA 128.13%; Canada 112.85%; France 112.80%; vs. UK's 95.35%. The only country in the G7 with a lower Debt to GDP ratio is Germany at 68.6%. On that basis we should have been good for some more credit 😂but I think it was the lousy timing, poor presentation and lack of transparency with OBR forecasts etc. that spooked the markets. I guess we could always sell off Buckingham Palace, as no-one actually seems to live there and even the Crown Jewels if push comes to shove!
@jonathanodude6660
@jonathanodude6660 Жыл бұрын
@@gdok6088 haha yeah, the video was directly questioning why the japanese government was allowed to borrow so much without any fear of default. the answer was deep pockets. turns out a highly liquid government is capable of doing a lot. you almost never hear of financial issues there even with an economy that has failed to grow under all that stimulus. i think india would be interested in paying a decent amount for a couple of those jewels though lol.
@N.T_Destroyer
@N.T_Destroyer Жыл бұрын
You should definitely react to the timeline that they did
@clemstevenson
@clemstevenson Жыл бұрын
Politicians will always pretend to be noble and righteous in front of the cameras, even though they have just been called unrepeatable names behind closed doors.
@scarba
@scarba Жыл бұрын
I would love to to see you react to a British person reacting to American politics 😂
@jnel715
@jnel715 Жыл бұрын
I'd love to see you do a video reacting to American politics instead of asking someone else to do it!
@scarba
@scarba Жыл бұрын
@@jnel715 it was meant to be funny. I don’t even know if any Brits do that. It could be funny though.
@youtongtube
@youtongtube Жыл бұрын
Exactly! She showed no remorse, nor apologised for crashing the economy.
@MaLiArtworks186
@MaLiArtworks186 Жыл бұрын
How do you crash the economy of an entire country in 1.5 months aka 44 days?
@stephenlee5929
@stephenlee5929 Жыл бұрын
@@MaLiArtworks186 Its a skill.
@custardcream6_
@custardcream6_ Жыл бұрын
​@@stephenlee5929"skill" 💀
@russellbradley454
@russellbradley454 27 күн бұрын
She lost the confidence of the business and banking community who have a big say is right wing politics
@russellbradley454
@russellbradley454 27 күн бұрын
In Right wing politics
@steinarhaugen7617
@steinarhaugen7617 Жыл бұрын
England quickly became a poor country after the country left the EU. The country is now in chaos.
@sandrahughes8645
@sandrahughes8645 Жыл бұрын
I love watching your reactions. Tyler. In this case, I can’t. She and the Tory party have trashed our economy. 😔
@laurabailey1054
@laurabailey1054 Жыл бұрын
Coincidentally the Tories in Canada have trashed our economy too both federally and provincially. Must be their M.O.
@ilovecatweazle
@ilovecatweazle Жыл бұрын
One of the national newspapers last week asked the question would she last longer than a fresh lettuce? That lettuce won....lol!
@mattsmith5421
@mattsmith5421 Жыл бұрын
Liz truss was so bad she made Boris look very competent in the role
@ay2257
@ay2257 Жыл бұрын
You need to watch the whole story from Johnson resigning to Truss resigning its absolutely ridiculous.
@HighHoeKermit
@HighHoeKermit Жыл бұрын
This is a really complicated subject, for even those of us who try to keep up with the latest goings on. Much of the voting that has gone on within the conservative party is extremely political, with MPs voting a certain way just so somebody else doesn't win, for example. There are those who believe that this Government was installed to purposely be opposed and fail, allowing others to take over that were not as popular among the wider conservative party members, i.e. not just MPs but the wider public members who voted Liz Truss in from a very small selection of candidates. The whole thing is an embarrassing mess and many feel that neither of the two main parties would be their ideal choice right now, with Labour only gaining popularity currently by default of the Conservatives being so dysfunctional. It's very difficult, however, to grow other smaller parties in the UK because of the way our voting system works. I would guess there is a large proportion of the UK population that is so disillusioned with the main two over the last few years that they would welcome some real and systemic change.
@jontaylor9112
@jontaylor9112 Жыл бұрын
A Freudian slip TR, but an absolute classic "I've heard Ricky Gervais is standing" (you meant Richie Sunak I think). We would probably be better off with Mr Gervais running the country - sorry if I can't take things too seriously at the moment! The problems started when she had her mini budget about 3 weeks ago and sent the pound tumbling on the currency markets and sending long term interest rates up - all had to be reversed over the following 2 weeks and her credibility was then shot. I heard a senior conservative make a great comment a day or so before she resigned: "It's the first time I have ever heard a corpse deliver its own eulogy"
@sandraroyce5820
@sandraroyce5820 Жыл бұрын
No, he's correct,it was a funny meme of Ricky gervais in front of number 10. He'd probably do a better job, in fairness.
@johnlangenecker5664
@johnlangenecker5664 Жыл бұрын
Outside of the Chamber members are not protected by Parliamentary immunity and are open to libel
@jgreen2015
@jgreen2015 Жыл бұрын
Yes she really was that bad During a time where, like America, inflation is high, energy bills are high, food, gas prices are high, she campaigned on 'tax cut for everyone so people have more spending power and çan weather the financial crisis' What she actually did was give the highest tax bracket earners a 5% tax cut and tried to placate the rest of us with a 1% tax cut. In practice that meant the poorest keeping an extra £13/month of their wages but those earning £1mil getting an additional £4,000 per month! There's a reason why Robin Hoode is still fondly remembered as a hero and the Sheriff of Nottingham still hated as a villain hundreds of years later. Stealing from the poor to give to the rich does not go down well in England!
@billiestevens5333
@billiestevens5333 Жыл бұрын
But what's really galling is that she made no secret of her intentions leading up to vote, and yet they still elected her, and then act surprised when the sums don't add up.
@jgreen2015
@jgreen2015 Жыл бұрын
@@billiestevens5333 in the leadership race she said over and over against that the British people need a tax break to survive the financial crisis. Which yes. Is a fair point. And yes she did technicslly follow through... It's the weighting of that tax break being so skewed in favour of the top earners that is truly grotesque. Had she simply cut the basic rate giving everyone including the super rich that same 1% tax break there would have been backlash. Even though that 1% really wouldn't help those struggling to make it through. Even the corporate tax cut. You may agree or disagree that cutting corporation tax increases investment (the less corp tax the higher the profits the better the return on investment) and tax revenues but that's an honest debate. Theresa Mays corporate tax cut did result in 146m in extra corporate tax income. So it CAN work. Doesnt mean it's the always the right choice. But it's based in reality But to claim that cutting tax on private income of the super wealthy by so much more than everyone else would increase foreign investment is just a dishonest claim. Foreign investors don't choose to invest in a business on the basis that their wages are going to cost the business the same but the CEOs get to keep an extra £50k. That adds no value to the business. But after the budget backlash she kept saying 'but I cut basic rate by 1% and corporation tax to stimulate foreign investment' as if that was the issue.
@maryjones4029
@maryjones4029 Жыл бұрын
@@jgreen2015 Regarding cutting the tax on the private income of the wealthy, didn't Truss say cutting it would encourage more higher earners to pay British tax? You can avoid the top tax rate by spending more than 6 months living abroad. Also, by cutting the higher tax rate to 40p, gives higher earners more personal income to invest in the UK (such as buying shares) and greater purchasing power to buy goods, which helps the economy and also means they'll pay more tax in VAT. Given those who earn over 150,000 are currently on the 45p tax rate, it's not just your super wealthy CEO's paying it. However, I think it was a mistake to attempt to lower the 45p tax rate at the current time.
@jgreen2015
@jgreen2015 Жыл бұрын
@@maryjones4029 watch the news The issue for businesses is fall in spending. Rich people with enough to buy everything they need aren't going to help that situation by having an extra 50k in the bank or investing in a business that has fewer customers than a month ago Its the people who barely had enough to get to the end of the month who are cutting their spending and causing supermarkets, retail, and services to lose sales. They're the ones who stimulate the economy because they need the money and will spend it. Ultimately the economy is about how quickly the money flows through the system. If the rate increases you have growth. If it reduces the economy stagnates
@jgreen2015
@jgreen2015 Жыл бұрын
@@maryjones4029 and regarding the topic on top rate kicking in at £150k I agree that's ridiculous. The gap between 20k and 30k is nothing but tax bracket change is significant. The gap between £150k and £10mil/year is huge. They shouldn't be the same tax bracket. The brackets we have are based on the 1800s where the richest would be earning like £250k/yr. Or..haven't changed to reflect the wages of today properly. My personal opinion is that we should have more tax brackets more evenly spaced. Maybe top tax bracket of 45pc should kick in at £500k/yr. But equally tax should start at a higher income, at a lower rate.. Something like 20k - 10% 30k - 15% 50K - 20% 75k - 25% 100k - 30% 150k - 35% 200k - 40% 400K - 45%
@arky3000
@arky3000 Жыл бұрын
she called for the abolishment of the monarchy... she got to meet the queen and apparently she was one of the last public figures to meet her before she died.. just felt kinda sus to me tbh
@laurabailey1054
@laurabailey1054 Жыл бұрын
But didn’t she call for that years ago before she got into politics?
@pheart2381
@pheart2381 Жыл бұрын
Arsenic in her tea?!
@jorgehurford1742
@jorgehurford1742 Жыл бұрын
She couldnt sack people from being MPs, but "removing the whip" means losing the support of the party; so she could sack them from the party.
@jazmo6662
@jazmo6662 Жыл бұрын
We the people of the UK want a general Election to stop this chaos!
@leogem177
@leogem177 Жыл бұрын
I don't and I think most people very much don't. The last thing we need is the kaos of a general election. (And I have even less faith in Kier Starmer's Labour Party) .
@bethdavies8494
@bethdavies8494 Жыл бұрын
Even though she wasn’t there that long it still feels like she was there way too long 😂 react to 20 British accents 1 man or 10 facts about Wales
@PythonPlusPlus
@PythonPlusPlus Жыл бұрын
She almost destroyed the UK economy with her policies. It was so bad that The Bank of England had to step in and fix things.
@ajs41
@ajs41 Жыл бұрын
Her policies were the right ones IMO. The markets didn't like them, but the Labour Party shouldn't be so happy about that, because the next time they propose policies the markets don't like I bet they complain about it.
@theoneonlymusicchannel
@theoneonlymusicchannel Жыл бұрын
get it right Boris & Sunak destroyed the UK economy Truss just made it a little worst , whats even worst than that is it looks like it will be Boris or Sunak who will take over from her 🤔
@PythonPlusPlus
@PythonPlusPlus Жыл бұрын
@@theoneonlymusicchannel Get it right, the idiots that voted for Brexit destroyed the economy, and Truss almost killed it. Honestly, I’d rather we just get an early general election rather than continue to watch the Conservative party embarrass itself.
@edwardjons8684
@edwardjons8684 Жыл бұрын
@@ajs41 You probably thought Brexit was the right idea too? 🫠
@boof-7599
@boof-7599 Жыл бұрын
@@robmartin525 every brit is losing outside of the EU, look at how far we are falling right now from brexit and tory policies
@jontaylor1587
@jontaylor1587 Жыл бұрын
To get a better understanding watch the "what killed truss" TLDR video they did and also "jonathan pie. And yes everybody hated liz truss! And the whole government has been a disgrace whith the damage they have done to the country since they got in in 2010. And who gets to vote for another PM? Not the people of the UK it was Conservative party members who are radically un-representative of the UK. They're predominantly male, wealthy, elderly living in the south of england. And it turns out that anyone in the world can join the Conservative party and choose our PM. There's no control on this at all, nothing to stop a foreign state from setting up thousands of memberships and being the primary mover in determining who our next PM should be. It's a form of treason the way the con party has set this up is an open invitation for foreign agents to mess with our politics!
@PrincessNads1
@PrincessNads1 Жыл бұрын
You should have watched the first video first which explains why she really had to go. She produced a mini budget within days of becoming PM promising tax cuts to us and other help with the cost of living crisis, but she cut tax by 1p for everyone else while cutting 5p off tax for the richest (highest rate taxpayers)! Also lifted the cap on bankers bonuses, so basically it was a budget of tax cuts for the already wealthy. This caused outrage among the British public, crashed the market overnight, making to pound drop to its lowest ever level, interest rates went through the roof overnight and she has basically made life 100 times harder for the British people within days of being PM. Then because of the backlash, she blamed her chancellor and sacked him. Then got a new chancellor who took away almost all the already pitiful financial help that she had originally promised us. Oh but the bankers bonuses stay of course!! This video you've watched here is just the tail end of her disastrous premiership.
@jeanettehill7538
@jeanettehill7538 Жыл бұрын
No we didn't like her, at the moment our politics is a shambles and we can't wait to have another vote for election...
@joannemoore3976
@joannemoore3976 Жыл бұрын
If they lose the party whip they would still be Members of Parliament but would have to sit as independents. Boris Johnson removed the whip from 21 Conservative MPs over Brexit back in 2019, some of them very longstanding MPs.
@neuralwarp
@neuralwarp Жыл бұрын
Long story short: In the contest to elect a new Conservative leader, the MPs chose a shortlist of 2: Sunak, who they wanted to win, and Truss, who they saw as an easy loser. The Con party membership then had to vote between the two, and to the MPs' horror, they voted for the "wrong" option (the one that wasn't an IMF/EU/WEF puppet). And since then they've been trying every trick to overrule the decision. So, pretty much the same story as Brexit.
@lorraineyoung102
@lorraineyoung102 Жыл бұрын
Spot on,. I'm certainly no expert but from the get go I really couldn't imagine her being in office for very long. That being said however I didn't foresee it being quite such a short stay. It would be laughable if it wasn't such a fiasco. 🙄
@cathy446
@cathy446 Жыл бұрын
One of the first things Liz Truss did when she took over was put through an economic bill that crashed our economy and caused mortgages to skyrocket. The british public didn’t vote for Liz Truss. When someone resigns, the party are the ones who elect their new leader. The party in charge stays the same, we don’t have a new general election. Our last four prime ministers have resigned 😂 Previously we had David Cameron, who we voted for in multiple general elections. He resigned and the party themselves elected Theresa May. Then she resigned. Then Boris was elected by the party and when we had a general election. The public voted overwhelmingly for Boris/conservatives. Then he resigned and Truss was elected by her own party. Now she’s resigned and the conservatives are choosing their leader again and as you can imagine a lot of people here want a general election so we can have a say after everything that has happened!
@heatherfruin5050
@heatherfruin5050 Жыл бұрын
We don't vote for our PM in Australia either. We vote for the person who want to represent us as our Federal Member of Parliament. We follow the Westminster system of democratic government, the same as the UK. Again we know who our Prime Minister will be a he/she is the leader of the party.
@katydaniels508
@katydaniels508 Жыл бұрын
You’ve got the hang of it. It’s the Conservative party members who decide and they are not representative of the country, they are mostly old white rich people!!!
@RonSeymour1
@RonSeymour1 Жыл бұрын
She introduced a budget that cut taxes for big companies and introduced financial measures that caused the price of Govt gilts to crash, causing pension providers to be on the verge of collapse. The markets lost confidence and the British economy tanked. The Govt was forced to prop up gilts to the tune of £65 billion pounds. This couldn't be sustained and she had to go. Had she stayed in power there would have been a total meltdown of the UK economy.
@thegreatsagesun
@thegreatsagesun Жыл бұрын
I'd highly recommend checking out Jonathan Pie for periodic and succinct updates on many matters of British politics, and how frustrating its been for a while now.
@neuralwarp
@neuralwarp Жыл бұрын
Accurate he is not. He encapsulates BBC "truth".
@thegreatsagesun
@thegreatsagesun Жыл бұрын
@@neuralwarp COPIUM
@davidclark3603
@davidclark3603 Жыл бұрын
She wrecked the economy in her first mini budget and nearly wiped out the whole pension systems!
@claredewhurst9400
@claredewhurst9400 Жыл бұрын
Her and the Chancellor tanked the British Economy to the tune of £45Billion
@garethbrown9191
@garethbrown9191 3 ай бұрын
The worst Prime Minister in British history! Truss will be remembered for the death of our beloved Queen, destroying the British economy and being outlasted by a lettuce!
@ianprince1698
@ianprince1698 Жыл бұрын
she seemed to be spending money we do not have
@therealpbristow
@therealpbristow Жыл бұрын
Well, all governments are all having to do that at the moment... But she decided to give away *extra* money we don't have to the people who need it the least (while claiming that would somehow help the people who needed it most). When even the *banks and money markets* agree you've gone too far in that direction... you've *really* gone too far! =:o1
@KernowWarrior
@KernowWarrior Жыл бұрын
She gave a mini budget and overnight the average mortgage holders payments went up by £500 a month. So yeah most people not happy with her.
@lianie4606
@lianie4606 Жыл бұрын
She smirked right the way through that budget too
@maryjones4029
@maryjones4029 Жыл бұрын
The mini budget did not cause the average mortgage payments to increase by £500 a month over night.
@DocRobAC
@DocRobAC Жыл бұрын
The reason Truss is blamed for trashing the economy is she proposed several wild right wing policies, think you’re Republican Party on steroids. She surrounded herself with like minded people in her cabinet, and despite other members of her party warning of the likely consequences she pressed on regardless. She was forced to make some major policy U-turns. The MPs preferred the other candidate in the leadership election. With the preceding Boris resignation the UK has effectively not had a government for 6 months. It seems likely that the MPs’ preferred candidate will be voted in this time, though a Boris comeback is possible
@paulharvey9149
@paulharvey9149 Жыл бұрын
You're surmising correctly for the most part, Tyler. As I think you know already, we in the UK elect only Members of Parliament for the parliamentary constituency in which we live; most of which represent the political party whose policy history and manifesto we prefer. Since the late 19th Century, the most dominant parties have been Conservative, Labour and Liberal, though the last-named hasn't won an election since 1918 and was mostly replaced by the new, Liberal-Democrat (Lib-dem) Party in the late 1980s. There have always been other parties which rarely won any seats until comparatively recently; and it is also possible for Independent MPs to be elected - as well as for existing MPs who were elected as members of one party to either switch their party allegiance or to serve as an Independent MP until the next General Election - usually as their ultimate protest against something their original parties have done! Although existing in some form since the 1930s, the Scottish National Party (and to a lesser degree also Plaid Cymru, which is its Welsh equivalent), has taken over from the Lib-dems, the role of the third-largest UK parliamentary party, with 49 seats at present after a peak of 55 in the previous government. Within Scotland itself, it has largely taken over the left-centre position that was occupied by the Labour Party, prior to its re-launch as 'New Labour' by former PM Tony Blair, in 1997. This might yet prove to be an Achilles' Heel for them as, Labour has traditionally done best in urban and (former) industrial areas including much of Scotland, and even now would probably need the Scottish vote to secure a parliamentary majority at Westminster... Interestingly, Liz Truss entered politics as a Liberal-Democrat in the 1990s and defected to the Conservatives sometime afterwards in what may have been her first major demonstration that she is prepared to lick the a** of whomever seems most likely to advance her parliamentary career. This was particularly evident during the period that Boris Johnson was receiving calls for his resignation - for dishonesty and for breaking his own rules during the Covid Pandemic, for which he was eventually charged and fined - at which point she made it very clear that she was supporting him no matter what...! No sooner had he resigned however, and all that was forgotten due to her desire to become his successor, which as we've all seen, she did. At this point she was presumably licking the a** of Kwarti Kharteng, whom, she immediately appointed as her chancellor as he had already drawn up her manifesto of lowering the taxes of the richest in society in order to re-float the economy - although neither of them seemed at all able to indicate where the funds were to be raised to allow this and so, the Pound dropped to its' lowest-ever level against the US Dollar and the Bank of England responded 2 days later by raising interest rates dramatically - apparently against her wishes... Just six days before her own resignation, she replaced her Chancellor with Jeremy Hunt, one of her early opponents in the Boris Johnson successor-race and who is perhaps the highest profile supporter of her main opponent, former Chancellor Rishi Sunak - who is currently the Bookies' favourite to replace her as Prime Minister... That said, Boris Johnson may yet be the preferred candidate of the Conservative Party Membership - even though he has the results of a Parliamentary Standards Enquiry hanging over him which - if it turns out he is found guilty of misleading parliament during his previous period as PM - would force him to resign again before the end of this year!! You just couldn't make it all up, could you?
@kevinjones3908
@kevinjones3908 21 сағат бұрын
The saying the lights are on but nobody’s home is so apt for truss
@nonyabusiness1195
@nonyabusiness1195 Жыл бұрын
As said before we don't vote for the Prime Minister. Technically we only vote for the candidate not even the political party. You can vote for the person claiming to be Labour on election day and the next day after winning they can turn around and announce they are now a Conservative and you the voter can do nothing about it. Most people do seem to mistakenly believe they vote for the party and by extension PM however that is not the case. The videographer you watched is not accurate when he says most people want an election, that seems more like opinion, there is no way of knowing what most of the 65 or so million people in Britain want politically. Pollsters take tiny samples and often get it wrong. It has been said the UK is a conservative country that occasionally votes Labour; it is why all main parties squabble of the centrist middle ground. Our system means there is no requirement for any future Conservative leader to call an election before January 2025. My experience after five decades is that really it makes little difference to us as individuals or the economy which party is in power as their agenda is pretty much whatever is best for the global corporations. Absurdly it is Boris Johnson who has the 'best' mandate to resume as PM of anyone as he is the one that most people expected to fill that role at the last election. Unfortunately, as one of the MPs said on the clip, too many of them care only for themselves and their careers not the people; that is the downside of having professional politicians an argument that was made against paying them back in the Victorian era.
@racheldicker5611
@racheldicker5611 Жыл бұрын
It was about removing tax for the very rich but doing sod all for the very poor, disastrous mini budget
@mattbentley9270
@mattbentley9270 3 ай бұрын
Tyler I love how u are totally getting uk government
@katetorode8411
@katetorode8411 Жыл бұрын
It literally crashed as the budget went out on the minute it happened. Bank of England had t step in
@robertlisternicholls
@robertlisternicholls Жыл бұрын
Many Tories wanted to vote with the Opposition as they disagree with fracking. However in doing so the government may have lost - if this was viewed as a vote of confidence rather than simply a vote on the issue, then it could bring the government down
@JK50with10
@JK50with10 Жыл бұрын
This was a coup. The party membership voted for Liz over Sunak. The MPs wanted Sunak, so they revolted. Now the party membership are revolting and ditching the party. The party website crashed yesterday because so many members were cancelling their membership.
@ladykaycey
@ladykaycey Жыл бұрын
You're confused? Just think how we feel 😂😂 I love listening to Andrew Marr's take on the goings on. He's just so on the ball and I think most of his predictions have been on the money.
@joelatham5937
@joelatham5937 3 күн бұрын
the trivia question was "who was prime minister when queen Elizabeth II died". Because she was such a short term PM that we don't expect people to remember her but was PM at the time of such a momentous historical change.
@ukmaxi
@ukmaxi Жыл бұрын
I am glad you noticed how weirdly emotionless Liz Truss seemed when giving her resignation speech. I think it's reflective of her and her personality, and that is she has zero personality and absolutely zero talent for any politics. All of her policies were aimed at protecting large companies and ditching eco-friendly policy, which makes sense considering she used to work for Shell (the oil conglomerate). But, she does not have any leadership material and has no ability to politic. This is what that annoyed MP meant by "talentless people", he was referring to Liz Truss putting their name down for leader when they don't have the mental capacity for it.
@MrIaninuk
@MrIaninuk Жыл бұрын
Where do we start? She confused the Black Sea with the Baltic Sea, another howler was in a speech "The UK Gov't does not recognise Russia's annexation of Rostov and Voronezh" - both cities of course are inside Russia.
@jonathanodude6660
@jonathanodude6660 Жыл бұрын
the simplest explanation for what happened is that they decided on a risky, unproven economic strategy without having crunched the numbers to show proof it can work. no one was confident, investors pulled out and the markets crashed, since modern markets are based on psychology and data interpretation, not ideology and tactics.
@josephinedewar4469
@josephinedewar4469 Жыл бұрын
Liz Truss worked with her Chancellor to bring in a Mini-Budget. This gave tax benefits to the wealthy but not for the ordinary people. The result was that the markets reacted badly and caused serious economic problems - the pound fell badly, mortages went up, people lost a lot of money. Then she sacked the Chancellor to keep her own job and later fired others. There were other policies she tried to bring in. In the end the chaos was so severe, that the politicians decided to get rid of her. She has never apologised for the economic oroblems she caused.
@carlhartwell7978
@carlhartwell7978 Жыл бұрын
For 'some' context. The PM is always the leader of the party that wins a General Election [GE] (by and large taking place every 5yrs, though it can and often is 'called' at other times). Anyway, what this means is that unlike the US we don't vote for a PM...essentially the MP's and members of each party vote for a Leader (who by default is the PM if that party happens to be in power). The word 'mandate' is used if the Leader is in place when the GE is held. Because Johnson was already the leader of the Tories when the 2019 GE took place, he had a mandate...but Liz Truss didn't because she was only voted in as leader by the Tory MP's, not 'essentially' by the UK populous. I say 'essentially' because as I said, we didn't exactly vote for Johnson to be PM...but we knew he would be since he was leader... I predict that whoever the Tories vote for next will fairly soon after call for a GE, so as to at least gain a mandate. Especially in light of this complete sh*t-show. Obviously that's a risk, as doing so 'could' lead to a change in government to the far lager clownish Labour Party. But I can't see how any other Tory Leader/PM could establish any kind of respect from the UK populous without it...unless they are ultra chad and are able to assert their dominance VERY quickly. Possible, but what with the Tories having voted in this complete muppet, I'm not holding my breath! There are 'some' in the Tory party who 'could' be firm 'actual' conservative leaders...but not many unfortunately. Most pander to labour and the very left wing elite of central London and UK media. Very few listen too much to the average Brit. They may even 'talk' conservative...like Johnson did...but often their actions are only ever criticised by Labour for 'not being left wing enough'!
@catherinewilkins2760
@catherinewilkins2760 Жыл бұрын
Labour would be even worse, no idea of their policies. As for the Lib dems!!!
@scarba
@scarba Жыл бұрын
@@catherinewilkins2760 give them a go and we’ll see, Tories have had a good turn.
@eddihaskell
@eddihaskell Жыл бұрын
Here is the best I can describe it. In the UK, as people point out here, you do not vote directly for the Prime Minister (PM) directly. You vote for your Member of Parliament (MP) in your Constituency - corresponding to your Congressional District. There are 650 Constituencies. When a PM has the support of a majority of MP's they are appointed by the King (or Queen) to be PM. Parliament serves for 5 Years unless the PM does not have the "confidence" of the majority of the MP's. if a new PM cannot command the majority of MP's, a new election can be called early (this is what the Labour party, the party in opposition is trying to do now). Now here is where it gets complicated. The "Conservative" party does not necessarily correspond to the "Republication" party in the USA (as many Americans think), and the Labour Party does not necessarily correspond to the "Democratic" Party. The Conservative Party, which won the last election in a landslide, is composed of two broad wings. The first wing, the "One Nation" Wing, is broadly Centrist-Moderate - Pro Business, Pro LGBT Rights, and dates back to PM Benjamin Disraeli. The Motto is that the Rich have an obligation to the poor since Britain is one nation. They are now coalescing behind Rishi Sunak, the former chancellor. People who consider themselves Moderate or Centrist Democrats would feel very comfortable here, as would many moderate Republicans. The more right wing part of the Conservative Party -- where Liz Truss was catering too is the Thatcherite side- cut taxes, radically pro Brexit, cut social spending--- etc. Boris also played with that side but also played to the one nation side -- and was a great showman. The problem now is that the financial markets do not want tax cuts. Also, the rest of the UK is nauseated by Trumpism --- which is starting to be introduced into the far right of the Conservative Party. so there you go.
@philiptodd6255
@philiptodd6255 Жыл бұрын
The whole thing is an embarrassment to the country and it’s far from over
@robotcombatmodels8949
@robotcombatmodels8949 Жыл бұрын
The incredible thing is despite the fact that she had such a short time in office, if you asked most of the public I dont think many people would say they were surprised she lasted such little time. She started out with a 17% approval rating or round about there and she was never directly elected by the public, instead by Conservative MP's and Party members which is a tiny fraction of the population. They are now choosing the next PM im the same way and most of the public are a bit upset about that. We really want a general election to be called now to get the Conservatives out of power because they are clearly out of ideas and cannot govern competently. Most polls are suggestion a massive Labour landslide should an election be called on a scale never really seen before since polling began.
@justme1111
@justme1111 Жыл бұрын
No PM is ever elected directly by the public vote
@geoffpoole483
@geoffpoole483 Жыл бұрын
Bookies were giving odds of 6/1 that she'd be gone by Easter.
@KXMiddletonUK
@KXMiddletonUK Жыл бұрын
Truss announced a mini-budget that included about £60bn of unfunded borrowing and included lots of tax cuts for the very rich, but not for the poor, which freaked the markets and so the pound crashed and the Bank of England had to step in an bolster the pound as pension funds were at risk of failing. That started the problems. She says she was elected by the Conservative Party, and that's also a problem. There was no general election, so only about 80k people (out of 65m) were able to vote on who would be the new leader of the Conservative party. The leader of the Conservative party, as the leader of the largest elected party in the current house, automatically becomes Prime Minister (alright, technically the King invites the leader of the largest party in the Commons to form a Government). At least in the US, if the VP was replaced, both houses would have to approve the successor. In the Conservative leadership election, any Conservative MP can put themselves forward. The Conservative MPs then back their preferred candidate. The candidate with the lowest number of votes drops out and the Conservative MPs vote again until 2 are left and those 2 then go to the rest of the Conservative party (not just MPs). In the case of Liz Truss's resignation, because of the upheaval of the Truss election lasting 60 days and only concluding 45 days previously, there was a decision to change the process so that candidates needed 100 Conservative MPs backing them to start with and then there would be an online vote for the wider party to voice its opinion. As it happened, all but Rishi Sunak dropped out, so there was no vote by the wider party, so Sunak was elected by the Conservative MPs only, i.e. about 350 people picked the Prime Minister - a far cry from a democratic choice.
@mxlexrd
@mxlexrd Жыл бұрын
It's considered normal and expected that cabinet ministers will not contradict the government on policy. So the resignations after public disagreement is not surprising. Also, the system isn't so different to the US system. If the president resigns, they are replaced by the vice-president, without a general election.
@timglennon6814
@timglennon6814 Жыл бұрын
The BBC has a News channel that is just dedicated to politics, and on Wednesdays it shows live Prime Ministers Questions, where Members of Parliament from all Parties get to ask the Prime Minister questions. It’s like watching kids arguing in a playground. 🤣
@bernardthedisappointedowl6938
@bernardthedisappointedowl6938 Жыл бұрын
Mind you, it's one of the better things about our democracy - very few other countries have the leader held accountable to questions every week - could be done better, but glad we have a system that keeps an eye on their decisions that affect us all, ^oo^
@laurabailey1054
@laurabailey1054 Жыл бұрын
It is more exciting than Canadian govt tv. Ours is downright boring and civilized. Everyone is too polite
@extrude22
@extrude22 Жыл бұрын
This video just covers the collapse itself and not the events leading up to it
@stuartgrier5605
@stuartgrier5605 Ай бұрын
Yes. She lasted 40-odd days. Less time than a lettuce takes to rot.
@johnedwards5687
@johnedwards5687 5 ай бұрын
Her big mistake was intending to borrow money to fund tax cuts. The global markets reacted very badly and interest rates went through the roof.
@Retrochild1979
@Retrochild1979 Жыл бұрын
Love this guy 😊
@Trueo9re
@Trueo9re Жыл бұрын
Pretty sure it started with Kwasi Kwarteng as Chancellor giving tax breaks to the rich whilst everyone who's poor or trying to survive the cost of living crisis believed Truss would help support the people struggling. Truss then went on TV to state she thought she was helping people with the cost of living crisis. But as we know her tax breaks were all for the rich and nothing for the peasants. You have to realise that when Truss started as a politician she publicly stated that she thought it was disgusting the monarcy lived in opulance and it shouldn't happen to her when she became PM to support the rich. Of course someone had to go so Kwasi Kwarteng was sacked (sacked from being Chancellor, but he'll just go back to being a politician where ever it was). And yes there is a pension thing from memory, was brought in by Margaret Thatcher, and no one has objected to it. So people lost confidence in Truss and she got mega bad press. If she strategically stayed in to get this pension stipend then fair play to her. But when she moans about rich people and then sets herself up for money to set her up for life then she's a two faced female dog. Edit: The stipend already existed but Thatcher increased the pension pot for herself and other PM's thereafter.
@Niedersachsen47
@Niedersachsen47 Жыл бұрын
Simply, She tried American trickle down economics and it was not the thing to do. Donald Trump lauding her did not help her either
@ulyssesthirteen7031
@ulyssesthirteen7031 Жыл бұрын
It's a mess and it's only going to get worse.
@jameshumphreys9715
@jameshumphreys9715 Жыл бұрын
A programme that use to be on during the 80's, called Friday night live, which you should react to Ben Elton opening. Lizz Truss abstained herself. The last two Conservative candidate left standing, will face both MPs and Conservative membership, majority of MPs voted Sunak, it just the membership was anti-Sunak.
@ltrtg13
@ltrtg13 Жыл бұрын
I've seen a meme about the Number 10 cat. Were the cat is sitting at a stand with a speech bubble saying "F*** Sake". I commented that it looks like the cat has to train a new PM.
@rahimdina8910
@rahimdina8910 Жыл бұрын
the story about the 115k isn't clickbait but she didn't do it just enough time, she would've been eligible after day 1
@craignicklin4573
@craignicklin4573 Жыл бұрын
its, a disgrace , those poor pork markets!
@MichelleEvans_CatLady
@MichelleEvans_CatLady Жыл бұрын
They took their time with the last vote and that didn't work out. An election would be the next logical step
@djashley2002
@djashley2002 Жыл бұрын
Truss was a total disaster. She listened to no one, and she appointed a Chancellor who also listened to no one and managed to wreck the economy in one fell swoop. Even members of her own party were ripping here a new one by the end. The Home Secretary was an unpleasant piece of work to say the least and should never have been put in the cabinet in the first place. Quite frankly, Larry the Downing Street cat would have been a better choice for PM than Liz Truss.
@paulcrowley8587
@paulcrowley8587 Жыл бұрын
Snake Sunak's MP supporters manipulated to make sure that only the most hopeless candidate made the final election. He knew from polling that the members of the party despised his betrayal of the party. Blame Snake not Liz. The party did not elect Liz, they chose ANYBODY other than Snake
@pedanticlady9126
@pedanticlady9126 Жыл бұрын
Tyler. By an evolved tradition, and as it currently stands, the Monarch appoints as Prime Minister the Person who can command a majority in the House of Commons. This is usually the Leader of the Party that has a clear 'Majority of MPs', ie. more than 50% of the Members of Parliament. Currently the Conservative Party has about an 80 seat majority over all other Parties. So, whoever is Party Leader should be appointed Prime Minister. Each Party has its own process for electing its Leader. When Boris Johnson resigned as a result of members of his appointed government demonstrating their lack of confidence in him, by resigning themselves, it set off the requirement to elect a new Conservative Party Leader. It is very rare for a Party already in office, with what amounts to a large majority, to change its Leader, who is also Prime Minister, mid term. It has happened in the past but not with such a large majority and usually by pre-agreement or 'understanding'. Then a handing over of the reigns was considered appropriate. Ill health or death of an incumbent would also be appropriate for choosing a new Party Leader. Thus it became necessary for the current lengthy and relatively complex process to elect a new Conservative Party Leader. It took 2 months of campaigning all paid up Conservative Party Members, from those standing, to reduce it down to the final 2 candidates. These happened to be holders of 2 of the 4 most Senior offices of State in the UK Government the Chancellor of the Exchequer (Rishi Sunak) and Foreign Secretary (Lizz Truss) It then became a straight vote by the Conservative Members of Parliament to choose between these two. Liz Truss won! And was duly appointed as her new Prime Minister by Her Majesty Queen Elizabeth II on 6th September 2022. Liz Truss appointed a Cabinet that would hopefully support the campaign that got her elected as Leader and Prime Minister. Her new Chancellor of the Exchequer produced a mini Budget to deal urgently with current economic issues and indicate the way the new governent intended to proceed. The Financial Markets had a 'melt down' (Hmm...) The new Chancellor of the Exchequer was sacked. Liz Truss backed down. She appointed a new Chancellor of the Exchequer. One 'acceptable' to the Financial Markets. Clearly he and the Financial Markets were not happy with her as Prime Minister. Liz Truss has no option but to resign as Party Leader and Prime Minister. A new Party Leader, and incidentally Prime Mininster and Head of Government for the UK has to be elected URGENTLY. This is the current situation. It remains to be seen if a person acceptable to the Financial Markets (and whoever is behind them) can be found before the week alloted for this purpose is up. It's reassuring to know that we can depend on those Financial Markets (could they be Globalists🤔😳) to sort this out for us! 👍🙂
@PillBoxUK
@PillBoxUK Жыл бұрын
No such thing as a politician with good intentions.
@ben-9123
@ben-9123 Жыл бұрын
A summary of the ensuing leadership election: - It was announced that candidates would need 100 nominations from Conservative MPs to run. - 3 frontrunners emerged: former Chancellor Rishi Sunak; Leader of the House Penny Mordaunt; and former PM Boris Johnson - Penny Mordaunt became the first to officially announce her candidacy. - MPs began to announce their support for these 3 people. It seemed Sunak was the preferred candidate, but Johnson was set to cross the threshold of 100 as well. - Sunak and Johnson met for late night talks at the weekend, it is unclear what was discussed but they may have been striking a deal. - Sunak officially announced his intention to stand. Johnson declined to stand. This made Sunak the overwhelming favourite. - Penny Mordaunt, not having enough MPs behind her, backed out of the race. Rishi Sunak was elected unopposed - Sunak will meet with the King today to be formally appointed Prime Minister.
@johnlangenecker5664
@johnlangenecker5664 Жыл бұрын
A confidence vote is a must to maintain Government
@MaLiArtworks186
@MaLiArtworks186 Жыл бұрын
I would like to volunteer to be the Prime Minister. When do I pick up my check? Wait, wait, wait! All booing and hissing will be banished immediately! Here! Here!
@simonupton-millard
@simonupton-millard Жыл бұрын
She will also go down as the last PM the Queen appointed and the 1st that the King accepted resign all in less than 2 months some speed run
@leogem177
@leogem177 Жыл бұрын
Liz Truss wanted to cut taxes for the highest earners to attract more investors and businesses. Her plan was it would attract more growth and investors. She thought it would also help people with their fuel bills which are extreamily high at the moment with the Ukraine war. The problem is we have huge national debt at the moment following the pandemic and the money given out by the government to help people and businesses when they couldn't work. She made these changes very quickly and sent the financial markets into a huge panic so they no longer wanted to invest their money. Cutting taxes at a time of huge national debt seems illogical and risky. This caused the pound to drop in value and interest rates to increase by a huge about in a very short period completely messing up the economy. People saw their mortgages increase dramatically at a time people were already struggling with their fuel payments. This video seems to deal with Liz Truss' last few days in office after all the economic stuff had already gone wrong. I think people had alteady lost faith by then and she was fighting a losing battle. I mean she'd only been in office around 40 days and had already completely messed up the economy. The number 2 choice for PM was Rishi Sunak (our former economic minister under Boris) and he had warned against her economic plans pointing out that it would cause interest rates to dramatically increase and effect people's mortgages but the party membership voted fir her anyway. Her policies appealed more to the right wing of the party traditional tories. The voted for the idealology not the reality of the situation. If it wasn't for the membership vote Sunak would have won and none of this would have happened as most MPs voted for him. Think everyone's very relieved she's gone clearly she didn't have the economic experience to make such dramatic changes at a time of economic difficulties. Many are hoping Sunak will be the PM as he seemed to know what he was talking about!!🤞
@eddihaskell
@eddihaskell Жыл бұрын
If there is a vote (two candidates emerge from parliament on Monday), paid party members for more than three months (dues are $45 a year) will vote electronically online next week. There are about 150,000 of us. A general election will not be held until January 2024. Those are the rules.
@yinyatto9911
@yinyatto9911 8 күн бұрын
We voted her out at the general election yesterday from a seat her party has held since 1964 with large majorities
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