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General Melchett

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About General Melchett

  • Rank
    HPC Senior Veteran

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  • Location
    Essex
  • About Me
    Spider-eating lunatic
  1. General Melchett

    Mergers And Aquisitions..

    Yes, you are right. Mergers and acquisitions tend to destroy real economic value. Bankers and their ilk tend to make lots of profits from them, though. http://www.amazon.com/Synergy-Trap-Mark-L-Sirower/dp/0684832550 I went to business school, me.
  2. General Melchett

    South East Drought 2012

    Doesnt surprise me at all. Except in it's natural habitat of Scotland and Ireland, golf is Evil. Turn speakers off before viewing this page - there's an annoying and loud video at the bottom of it. http://www.antigolf.org/english.html
  3. General Melchett

    Mortgage Indemnity Guarantee-- New Buy scheme

    Presenter and callers really laying into this on LBC radio right now.... Some fabulous, HPC-esque quotes... i feel the tide of meeja and public opinion turning. Presenter just now 'I'm struggling to see any silver linings'
  4. It wasnt just that they couldnt find them: The system was as bureaucratic and inefficient as a moments thought would suggest it was: I was a student at the time and, IIRC, worked out that I moved address, legitimately, keeping the authorities informed, 17 times over that period. They simply couldnt keep up. By the time they had me down on the system as being in one address I was typically 2 or 3 addresses further along. Most students I knew at the time lived in a similarly peripatetic manner.
  5. General Melchett

    Eden Project--Debts And Redundancies.

    Yep, plus one. I've done a couple of family holidays in the area and the kids have spent many happy hours building dens. And it really is isolated: They make a big thing about reduced entry fees if you arrive under your own steam, so in my time I've checked out the options to cycle there to and from St Austell. Bear in mind I'm an experienced cyclist both on and off road: Any way you cut it, there are horrendous hills to deal with. Also a fair bit of heavy traffic combined with narrow roads on most options. If you try and avoid the roads as much as possible, you enter into the sort of scenery and challenging trails which I wouldnt recommend a novice or kid try to tackle. Add to that that the weather can close in and make things really unpleasant/scary and slippery under the tyres (even in August) and I concluded that there was no way that any of the routes were suitable for anyone other than an experienced and fit adult cyclist.
  6. General Melchett

    BIG FAT SPANISH THREAD

    Well, he would say that, wouldn't he? Mentally insert own picture to illustrate my remark.
  7. General Melchett

    Daily Mail, Btl Angst

    The sad thing is that the worst that can happen to these parasites really isnt that bad. "You know, you come from nothing - you're going back to nothing.What have you lost? Nothing!"
  8. General Melchett

    The Irish Are Educating Themselves

    OK, given that I am not going to be spending 23 minutes of my life watching that video (or reading a transcript of it), would you care to summarize, in 50-100 words, OP?
  9. Well, you know what they say about shit floating to the top.
  10. General Melchett

    Seven More Hard Years To Go

    No, people generally vote for those that promise to steal from others (and give to them). You would think people would have learnt by now that all politicians lie. It's part of the job description. Of course, politicians tend to steal from everyone. It's just a matter of degree, who they think they might get to vote for them and who pulls their strings.
  11. I too had this moment. Approximately 3-6 months into my first proper job. I suspect many never have this life changing moment. For such people, my sympathies are limited, because they are the cause of their own financial destruction.
  12. Quite. I'm a long way from being a FTB, or living in a FTB house. But for the last ten years or so I've looked at the choice between selling myself into slavery to the banks for the rest of my life in order to move to a slightly larger house or staying put and spending/saving the money I would have given to the banks on me and mine. No contest. And yes, I know I'm a lucky *******. It is those youngsters that this is not an option for, because they were born too late, that I feel sympathy for.
  13. This happened in the last HP crash back in the 90s (and probably every HPC since HPCs began). Back then the market was full of new build 'studio flats' or bedsits to you and me. They and many other flats became unsellable, as FTBs just moved straight to 2/3 bed houses. I suspect many of the blocks of bedsits were demolished mid/late 90s, as they seemed to have vanished from the market. That or they fell down of their own accord.
  14. General Melchett

    Why We Need More Banker Bashing

    Whilst the fine details of either side of the balance sheet (taxes paid vs cost to the rest of us) are somewhat debatable, there is no question that the taxes paid by the city are a drop in the ocean compared to the cost to the rest of us to keep them in the style to which they have become accustomed: http://www.independent.co.uk/news/uk/politics/163850bn-official-cost-of-the-bank-bailout-1833830.html (2009 - cost ~£850 bn and rising - NAO figures. For sure other figures are out there).
  15. General Melchett

    For Those Waiting For An Hpc

    Provided I can sell, I will be trading up/moving away from TOWIEwood in 2013. I will know where the youngest is going to secondary school by then and life is ticking by. 12 wasted years already. Another 12 and my kids will be grown up and I'll be getting old (er/too old).
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