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angrypirate

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Posts posted by angrypirate

  1. Where is the report? Its nearly 3 hours since they announced it and still no sign on the nationwide website of the report. Something fishy is going on. Maybe its a case of "pluck a nice number out of the air and write a report to attempt to prove that you didnt just pluck a number out of the air"

  2. 'Over the longer term I would welcome your views on how we might accelerate the process of including housing costs in the CPI inflation target.'

    Note that this does stress the longer term. In my opinion we are looking at years. The government knows theres a bust coming so probably want it to happen sooner rather than later. Onces its out of the way they can reset everything and start a fresh. Its not in their interests to prolong the boom so that the bust happens in 4 and a half years time.

  3. Inflation up again, IR's seemingly fixed at 0.5% as any rise will collapse the economy (read housing market). Times are going to get interesting for the house of cards that has been built on the back of cheap and easy credit.

    Now that the election has been and the Nokia yielding pyscho known as Brown has left number 10, the ONS are no longer scared to publish the true figures. I think no one here is surprised that inflation is that high. But the real question is whether or not the BoE have the balls to put interest rates up. It wouldnt surprise me if now they are pushed upwards. The pressure is certainly there to

  4. We now have a Lib/Com coalition which I think is good news to break this pattern

    +1

    Im hoping the torys will help rein in spending - namely to cut the waste and weed out the benefit fauds and layabouts, but the influence from the lib dems will encourage public spending where it is needed to prevent the country crumbling and keep the benefits going only to those who really need and deserve the support.

    Before 97 we had the tories not wanting to spend on anything, but since then we've had labour spending on everything and spending too much.

  5. Oh dear, oh dear. I suspect that when you talk of facts, you actually mean propaganda.

    Manufacturing being run down contributed to the deficit on the balance of payments current account. The only thing that helped us pay for our overseas purchases was North Sea oil, the benefit of which is now gone bcause we are once again a net importer of oil.

    How an economy which in 1997 was already experiencing difficulties with paying its way in the world could be described as healthy is unfathomable.

    But then, working class Tories read The Sun.

    My god, you really are ignorant. In the late 70's this country was in the sh!t thanks to Labour. Labour initially tried devaluing the pound by 14.3% in an initial attempt to avoid going to the IMF for a loan, and the realising that didnt help (and losing even more money) they then went to the IMF for help - FACT. Maggie T had to turn all that around. Yes, she did cruel things, but she did them to save this country.

    Also, in 1997 the economy was booming. Brown changed very few policies in his first couple of years in office as Chancellor because he could see it was booming and didnt want it to stop. It is extremely ignorant of you to call facts that dont suit Tory Properganda. You have this sad notion in your head that Labour are amazing and that increasing national debt during the boom years every year byleast £30billion a year from 2002 (i believe) onwards was a the right thing o do.

  6. Will be hard to do.

    According to the tweets coming out.... part of the deal is fized terms. Once that passes, no opportunity to slit anyones throat. The conservatives have to see it through to election day either in a coalition (OK for them) or being constantly smashed to peices as a minority govt warring between it's own right and left wing.

    Looks like Clegg's not going to get his throat cut.

    Yours,

    TGP

    How long would it realistically take to pass reform in order for fixed term parliaments? I mean, is it a possibility that Cameron could call another GE before that could happen?

  7. REASON? Nick seen the comments/emails? Seen FTSE down 77 points?

    I actually heard that Labours "proposal" to the Lib Dems was basically going to give them PR and otherwise it was all Labour's policy. Whereas i think Conservatives have actually sat down and negotiated on multiple points of each others policy. Prime example of Labours typical "we are right and you are wrong" way of thinking and not listening to anything anyone else has to say

  8. lol. The funny thing is, there will be people here who actually believe this.

    Although I am not for this, right now the progression of the human race has been stumped. We are the only species right now that has thawted natural selection and I dont believe its necessarily a good thing

  9. I actually agree with this point.

    As far as I can see, the nearest thing to a solution is increased eduction, which isn't an easy job, I can tell you!

    Nah, thats a bit of a lightweight solution. I was thinking something more radical like having to pass an intellect test before being allowed to breed. Whilst we're at it, maybe also having to pass an intellect test before being allowed to vote?

  10. Thats odd, I seem to recall Osborne praising the wisdom of Gordon's spending plans and adopting them as Tory policy. I also don't recall the Tories being much in favour of regulation, in fact weren't they against it?

    They wanted less regulation yes, but whats the point in having any regulation if you dont have the power to regulate - thats the position the FSA were in. A toothless dog.

    On the flip side you could easily argue that even less regulation would have led to the crash happening sooner so the bubble wouldnt have been as big.

  11. Perhaps the most silly thing banded arround is the idea the torys wouldn't have got us in the same mess.

    Lets just remember most of this mess was caused by a lack of bank regulation.

    Last time I checked, the conservatives weren't known for being tough with banks.

    Are you familiar with the FSA that Gordon Brown set up? The FSA that Gordon Brown gave the powers of regulation to after removing them from the Bank of England. The FSA who had no power to control. The Bank of England who did. Things would be completely different

    Then theres the state of the public financies. Pensions would never have been raided. The public sector would have been a lot smaller (PS it is grossly oversized and inefficient thanks to Brown so it does need to be smaller). There wouldnt be any where near as many immigrants.

    But I forgot, you have your red-tinted glasses on so no you are probably right, the Torys would have got us into the same mess.

  12. I just find this forum amazingly out of touch with the rest of the country.

    Thats why I don't drop in that often these days.

    I have to say though, things have much improved since I last bobbed in.

    It's been nice to see some intelligent debate again. The forum's shown a glimmer of its old, insightful self - present thread excepted.

    You want labour then try moneysavingexpert. Most of that lot are on benefits and would only ever vote labour

  13. Only thing he's "nailing" is any chance he had of winning the election.

    Hes just shown Brown to be a lying ******* trying any dirty trick to try and win the election. I think that was a big moneysavingexpert style thumbs up for Cameron and a big MSE style thumbs down for Brown

  14. Unemployment has started to fall and the economy will be out of recession later today.

    The banks are even starting to lend again on BTL properties.

    Everything points to prices being higher this time next year than what they are today.

    BUY NOW

    or risk being price out FOREVER. We are starting to see a divide in the UK between people who have property and the rest. Renting is all good if you plan on never starting a family and are able to move every 6 months!

    Not to sound ignorant but did I completely miss the news that unemployment has started to fall?

    I know a few people in the banking industry and their concensus is that after the general election, regardless of which party gets in, we are going to see the economy plunge and if you compare it to this recession we have just exited.... well, the saying "you aint seen nothing yet" springs to mind. Gordon Brown has screwed our economy more than anyone can imagine. If you genuinely think its all green shoots from here you are seriously mistaken

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