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What Will Be The New Labour Spin On the cause of the Crash? Rate Topic: -----

#1 User is offline   Randall Herbert 

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Posted 08 March 2005 - 09:45 PM

Any predictions on how Tony, Gordon, Ttwo fat Jags etc will present the unavoidable inevitability of the latest houseprice crash to the nation when they can't hide their dirty deed any longer?

I seem to recall Two Fat Jags stating last year that "of course we inherited the housing market bubble from the Tories" over a year ago now.

Might have to kill more than just a weapons inspector to get out of this one? :angry:

#2 User is offline   Marina 

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Posted 08 March 2005 - 09:48 PM

Randall Herbert, on Mar 8 2005, 09:49 PM, said:

Any predictions on how Tony, Gordon, Ttwo fat Jags etc will present the unavoidable inevitability of the latest houseprice crash to the nation when they can't hide their dirty deed any longer?

I seem to recall Two Fat Jags stating last year that "of course we inherited the housing market bubble from the Tories" over a year ago now.

Might have to kill more than just a weapons inspector to get out of this one? :angry:
<{POST_SNAPBACK}>


They'll place the blame, quite rightly, on greedy speculators who pushed prices beyond the reach of ordinary, humble, decent, working folk.

I wonder if they'll remember the Prime Minister is a property speculator.

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Posted 08 March 2005 - 09:53 PM

I think Kirsty could be found dead,somewhere in a wood.

#4 User is offline   Randall Herbert 

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Posted 08 March 2005 - 10:23 PM

Marina, on Mar 8 2005, 09:52 PM, said:

They'll place the blame, quite rightly, on greedy speculators who pushed prices beyond the reach of ordinary, humble, decent, working folk.
<{POST_SNAPBACK}>


If that were true wouldn't there have been a strong case for a 'competent' Govt. to have intervened decisively and robustly before such an anomaly grew arms and legs?

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Posted 08 March 2005 - 10:35 PM

Randall Herbert, on Mar 8 2005, 10:27 PM, said:

If that were true wouldn't there have been a strong case for a 'competent' Govt. to have intervened decisively and robustly before such an anomaly grew arms and legs?
<{POST_SNAPBACK}>


Sorry, I am no apologist for this government, but do not ever lose sight of the fact that it WAS greedy everyday people who thought they could make a fast buck and buy up every property in sight and then rent it out.

#6 User is offline   Culpability Brown 

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Posted 08 March 2005 - 10:40 PM

Al Qaeda?
That rising din behind the debt curtain sounds like the fat lady's song to me!
rightmove

The Golden Rule to avoiding a Bust is avoiding the Boom.

The mainstream press is picking up the themes we have already worn down to the nub.

#7 User is offline   Kam 

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Posted 08 March 2005 - 10:54 PM

Who introduced the whole Buy-to-let Idea, Tories I think?

So TB & GB will more than like say that houses prices wll be correcting to the long term average. The recent increases due to changes in the law bought in by previous Government.

surprised that TB hasn't bailed out of the market, what was the price of his house he just bought 3.6m? imagine the -ve equity he'll get, especailly if not elected again. He'll need to do well on his autobiography and after dinner speeches to get out of that.

...
...
:blink:


Hah ha ha aha

kam
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in iniquity and born in sin. .........But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit."
Sir Josiah Stamp. (1880-1941) Director at the Bank of England in the 1920's, the second richest man in Britain.


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Posted 08 March 2005 - 11:00 PM

Culpability Brown, on Mar 8 2005, 10:44 PM, said:




Sorry to keep asking this but, not living anywhere near London......are those tanks still protecting Heathrow Airport?

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Posted 09 March 2005 - 12:45 AM

muttley, on Mar 8 2005, 09:57 AM, said:

I think Kirsty could be found dead,somewhere in a wood.
<{POST_SNAPBACK}>

This was a suggestion,not a prediction! :)

#10 User is offline   VacantPossession 

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Posted 09 March 2005 - 12:51 AM

The dude, on Mar 8 2005, 10:39 PM, said:

Sorry, I am no apologist for this government, but do not ever lose sight of the fact that it WAS greedy everyday people who thought they could make a fast buck and buy up every property in sight and then rent it out.
<{POST_SNAPBACK}>


Now there I agree with you. It is easy to blame any government for excessive house prices, but for that to happen there has to be significant proportion (and that's being kind) of the population which was perfectly happy to make a fast buck while the going was good. A case in point is the Cornish, who previously were the poor men of the UK, and still are in many respects. But many Cornishmen have rubbed their hands with glee in climbing on the insane property price hike which has seen houses here go beyond the reach of OTHER Cornishmen and women who did not display the same greed at the same time.

VP

#11 User is offline   laurejon 

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Posted 09 March 2005 - 01:01 AM

And no doubt every month when your pay cheques come in, you offer 50% back to the employer so as not to be considered greedy.

Come of it.

If there is money to be made, its human nature to go and collect it, those that dont are the fools not those that do.

Its the end of the Nanny State, you have to make your own way in life now!!!.

How you earn a living is your own responsibility and if you find yourselves short later in life you have only yourselves to blame. Greed does not come into it, its called survival and you had better wake up to it.

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Posted 09 March 2005 - 01:05 AM

laurejon, on Mar 9 2005, 01:05 AM, said:

And no doubt every month when your pay cheques come in, you offer 50% back to the employer so as not to be considered greedy.

Come of it.

If there is money to be made, its human nature to go and collect it, those that dont are the fools not those that do.

Its the end of the Nanny State, you have to make your own way in life now!!!.

How you earn a living is your own responsibility and if you find yourselves short later in life you have only yourselves to blame. Greed does not come into it, its called survival and you had better wake up to it.
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LJ.....I have suffered you more than enough - man you are a joke!

#13 User is offline   laurejon 

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Posted 09 March 2005 - 01:53 AM

Quote

Sorry, I am no apologist for this government, but do not ever lose sight of the fact that it WAS greedy everyday people who thought they could make a fast buck and buy up every property in sight and then rent it out


Given your statement above the Joke is where?.

I think you need a reality check, come back to planet earth and get a life.

Greed? Is a word often used by those ridden with jealousy as they find themselves unable to make a life for themselves and look to blame someone else for their misfortune.

#14 User is offline   right_freds_dead 

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Posted 09 March 2005 - 03:39 AM

laurejon, on Mar 9 2005, 01:57 AM, said:

Given your statement above the Joke is where?.

I think you need a reality check, come back to planet earth and get a life.

Greed? Is a word often used by those ridden with jealousy as they find themselves unable to make a life for themselves and look to blame someone else for their misfortune.
<{POST_SNAPBACK}>


not really. many of the houses bought by btls were ftb homes. just because you might be in a settled mid-life position to snatch up other peoples properties when young ftbs were not at that stage of life yet doesnt mean its acceptable.

when they were ready to buy they found the ftbs homes now owned by middle aged btlrs.

if thats cool with you then i will start by robbing your house.
why ? - becasue im younger than you and i can.

is the reason 'because i can' acceptable to you ?
you might find this attitude comes back to you in spades.
i am boethius. author of the consolation of philosophy. it is my belief that fortune is a wheel. inconstancy is my very essence says the wheel. rise up on my spokes if you like, but dont complain when your cast back down into the depths. good times pass away, but then so do the bad. mutability is our tragedy, but its also our hope. the worst of the times, like the best. are always passing away.

#15 User is offline   laurejon 

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Posted 09 March 2005 - 04:44 AM

Quote

not really. many of the houses bought by btls were ftb homes



What on earth constitutes a FTB home?.

What next FTB jeans, FTB Food, maybe Tescos should have a FTB discount card.

We live a free market economy, we live in a global economy and from what we have seen this week it wont be long before buckets loads of Chinese people turn up to buy the houses from under our feet.

There is no such thing as a FTB'er home, there are homes and there are vendors and they come in all shapes and sizes, ages, colors.

The small 1 bed flat or 2 bed mid terrace is not the preserve of the FTB'er its the domain of the highest bidder and I for one would not want to see it any other way.

Sure prices are high but then if they are unaffordable people will vote with their feet if not they will continue to buy them.

I think we should spend more time asking the questions that need to be addressed about wage inequality. Why is someone worth a 6Million christmas bonus and someone else worth 4.70ph.

Why can some afford a house, and others cant. Thats the real question to be asked, the prices are not coming down to meet the McPay then surely the real question is why is pay so low for some.

You will find the answer in the much discussed immigration scandal. Cheap workers imported have pushed the wages of the less skilled down to new levels, and the reason is simple. Cash Payments no questions asked for a third world wage.

But no doubt many will continue to join in the ridicule of the daily mail and continue to vote in a party pertaining to be the working classes friend. The party of high taxation for the poor and offshore accounts for themselves and their cronies. God help us all, will the British Public wake up and smell the coffee?.

I think not.

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