Steve Botham

Steve Botham

@stevebotham.bsky.social

Retired professional, not seeking a woman to hasten me to my grave. Have three cats. Live in Coventry U.K. Coventry City fan. #PUSB. Like most sports. Socialist but not loony. #Returner Hate fascism & fascists whichever cloak they hide behind. No DMs

1.2K followers733 following1.6K posts

#UKInterestrates So interest rates are held. But the comment is that they may have to rise because of higher energy costs. And here’s the conundrum- use of interest rates is a blunt economic tool to dampen consumer demand. That in turn, so the theory goes, reduces borrowing costs. /cont…

Annd here’s the rub. Some spending is involuntary - mortgage/rent, council tax, heat and light etc. and other spending is voluntary spending - entertainment, holidays, gym, clothes etc. The involuntary spending is the element that interest rates seek to cut. That dampens ‘demand’ …/cont….

/cont… and should dampen demand. But as involuntary spending increases that reduces the cash available for voluntary spending. Involuntary spending increasing is also inflationary, but no action is directed at it. Effectively interest rates and involuntary spending do the same job.

#AI. Self regulation has proven unreliable at best or just does not work. THATS happened with, for example, financial services, and in the UK with the print media (though the tv media in the UK is like the Wild West - full of cowboys).

#Migrants @bbcnewsnight.bsky.social I read the attached report with interest. For some reason it omitted to say what happens to the migrants once landed in the UK. Given the other comments in your report, imo failing to do so shows a complete lack of balance. You even make mention of paramilitaries

Getting rid of the echr will damage most if not all of our trade agreements, and leave us outside the almost fabled WTO Rules. Sorry friend Nige and chums, on top of Brexit this will be ruinous for the UK.

Trump 'happy' Harry and Meghan left US news.sky.com/video/share-... Thank God Trump isn’t part of the UK’s Royal Family - in any event he’s creating his own corrupt one in the USA. He talks of disrespect. Well he’s know wouldn’t he - as he disrespects OUR real Royal Family.

news.sky.comDonald Trump: 'I'm happy' Meghan and Harry have left the United StatesThe US president says he thinks Harry and Meghan 'disrespected' the late Queen, the King and the Royal Family.

Steve Botham reposted

Ron and Cassie DeSantis: These two crooks stole $10 million from a settlement with a charity, wired it to Cassie’s fake “charity,” laundered it through two puppet organizations, and then used it for political ads in an election year. They should be in jail.

#USA usurps freedom of the press, a key part of US democracy.

Khashoggi's Ghost@urocklive1.bsky.social

"The U.S. Department of the Treasury has not granted credentials to individual reporters for The New York Times, The Wall Street Journal and Bloomberg News to cover the event, which will draw finance ministers and central bank governors from the world’s biggest economies."

news.sky.com/story/uk-sup... Trump’s USA is no friend of the UK. When it comes to the Falklands he and his country can keep their noses out of our business. Or is it that he and his gangster family have identified mineral wealth and have set their eyes on stealing it. Go away Trump.

news.sky.comUK support for Falklands 'unwavering' after reports US may oppose British rule of the islandsA government spokesperson said the Falkland Islands "are and will remain a British Overseas Territory" in line with the islanders' wishes.

Police investigate donations by Tice company to #Reform UK There’s some more allegations of financial misconduct. It is likely that banks handling payments made SARs under AntiMoney Laundering legislation. 1/2

Interesting but Mr Farage has made clear he knows nothing. The alleged transactions appear similar to ‘layering’ for money laundering. But who knows? Mr Farage, who spent some time as a Commodities trader, has almost certainly been trained in Anti-Money Laundering legislation. 2/2

#TerrorismUK Just as with the USA, the UK’s greatest terrorist risk comes from within - the right wing political groups. A set of twelve anti terrorism arrests today are evidence of this. And it is them, the far right, who are responsible for so much public money being spent in a small group.

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UK bans support for Iran's Islamic Revolutionary Guard Corps. I don’t support the Iranian Guard. But I feel banning support for it is wrong. Just as wrong as banning support for Palestine Action. It reminds me of the time of band on the IRA and USA where news reports used actors to speak.

#Reform so #Frogface gets a free TV News propaganda broadcast before pulling off a political stunt. Pity key news stations weren’t prepared for this and just let him spout his bile. The people of Clapton have already proven they cannot be trusted as a gauge for public opinion - and the law!

Someone had to step up. Trump didn’t. Vance didn’t. Biden did. The ine allegedly too old for the job given to someone unable to do it.

Michael J. Stern@michaeljstern.bsky.social

He’s not even in office anymore and he’s still more presidential than the man who is.

ICE on tour. US Fascists.

Christopher Webb@cwebbonline.com

Patriot Front came out of their moms’ basements, dusted off the Old Navy khakis, put on the white masks so they don’t get fired from their day jobs, and headed to Washington for America’s 250th birthday celebration. Four hundred self-described patriots, not one ounce of bravery.

The USA under Trump has developed into a third world country.

The Tennessee Holler @thetnholler.bsky.social

What a picture from cheney orr of @reuters.com — a Black woman on a train surrounded by masked white supremacists, emboldened in Trump’s America. One for the history books.

eplindex.com/148003/repor... The Daily Mail is well know for its partisan politics & even making up ‘news’ to attack the left. This is allegedly a Daily Mail article providing advice to Coventry City on buying goalkeepers.It places Coventry City in the Championship. We are Premier League! #PUSB

eplindex.comReport: Coventry City eyeing move to sign 27-year-old Everton starReport: Coventry City eyeing move to sign 27-year-old Everton star by Ahmed Khan on Jul 4, 2026 for EPLindex.com

But as we learn more about corruption of the Trump family and reins, and as we outside watch the US do nothing about it, Americans will find themselves less welcome in their friends’ countries. Corruption stinks.

Ron Filipkowski@ronfilipkowski.bsky.social

And just like that, Republicans have no problem with a sitting president making billions in office on crypto scams, from foreign governments and oligarchs, and industries directly impacted by his orders, policies and regulations.

The FBI has been corrupted by their President. Making things up and telling lies bit needs clearing out and fumigated.

M Meerkat@kackbro.bsky.social

This Person Is Correct ! Algae Do NOT Have Seeds,They Rely On Microscopic Spores, Cell Division, Or Fragmentation......💪🏻

Steve Botham reposted

SEN. @ossoff.senate.gov on Kushner & Ivanka: “Now Albania's anti-corruption police are getting involved… do you think Jared Kushner would get special island-buying privileges if he weren't the President's son-in-law? And isn't he supposed to be doing diplomacy, not shady land deals?”

#Trump appears to use a seven year old to write his news. Worth reading. In Trump’s world things are no longer true if he says so. And he will sue you for -$10bn if you say anything else. We all know how you work Mr President. What will you do next - write fairy tales?

Mrs. Betty Bowers@mrsbettybowers.bsky.social

I am never 100% sure anything is true until this petulant, lying toddler denies it.

Who benefits? It’s money making money. We have a skilled market mover in the U.K. - his actions on 23 June 2016 made a few people £Bns and the rest of us have kept paying since.

MeidasTouch@meidastouch.com

We’re back to the Sunday market manipulation loop, folks

#UKDefenceSpending An interesting BBC article which confirms U.K. Defence Spending is to increase again, but doesn’t say by how much. It does give examples of where some money will be spent and why. Good. I’ve no idea if it is enough. And I’ve no idea on U.K. spending & Plan to avoid armed conflict

'Every person saved is a miracle': Families call to trapped loved ones in region devastated by Venezuela quakes Where are Trump’s warships and troops now they’re needed?

Well well done those who caused the crisis which has resulted in this resignation. We’ve lost the best Prime Minister on my time. He’s done a lot I’m two years - including standing up to Trump. He’s been swept aside like changing the duvet cover. Easier than getting rid of a football manager.

#Tolls. The degenerate in the White House now suggests the US charges tolls for the Strait of Hormuz. Now when Iran decided to do this, he threatened the ships who took the opportunity. His hypocrisy is that of a high school bully. Instead why does he bring Israel to heal or sanction it.#Israel

#Israel. Time for Trump to cut them off and the rest of the world to apply sanctions against Israel. It has been a rogue state for a long time - now is when it should be resigned in. #Terror #Murder #LandGrab

Hegseth renews Nato criticism and says US will review presence in Europe. Well Pete, you do Not own or control NATO, so stuff your review Where the sun don’t shine. The USA isn’t a friend of NATO nor European democracies. Instead the USA tries to bully us and we don’t call bullies pals.

#UKDefence At last the quandary behind defence spending is brought into the open. After days of slagging Starmer and the Chancellor, the issue boils down to where does the money come from. Who wants benefit cuts and pension cuts (Fartage and BadEnoch) and doesn’t? www.bbc.co.uk/news/live/cg...

bbc.co.ukKeir Starmer faces fresh blow after resignations by Al Carns and John Healey over defence spending - live updatesArmed Forces Minister Al Carns follows Defence Secretary John Healey in quitting the government over a dispute about military funding.

If the goods were not fit for purpose reclaim assets to the same value from him and wherever he has hidden them. And my view is just do it.

BladeoftheSun@bladeofthes.bsky.social

Robert Gros made £27m selling useless gowns via the VIP PPE Lane, of course he never paid back a penny, he bought 2 mansions instead. RT and see if we can make him as famous as Michelle Mone.

#Reform’s answer to the UK’s defence shortfall is its usual racist clobbering of immigrants. This is no response to the issues and given that his Tory Govt cut defence funding for 14 years. #BadEnoch offers no answers.

#HealeyResignation #BadEnoch once again shows how shallow she is. The lack of funding by the Tories for the country’s defence has created where we find ourselves now. -#BadEnoch attacks a situation which she created. I’ve one question which nobody can answer - where does the money come from?