Guest_flaps_*

He was on the Keiser report a few months back and is the author of this.... http://www.amazon.co.uk/Paper-Money-Collapse-Monetary-Breakdown/dp/1118095758/ref=sr_1_fkmr0_1?ie=UTF8&qid=1326731760&sr=8-1-fkmr0 I've not got a copy yet, but I will be doing shortly.

My current situation equals: 50% in Santander 1st time buyer @ 5% gross 30% in Natwest ISA @ 3.7% net 15% was in ING online instant paying 2.75% gross but they are dropping it, so moving it into the Santander instant access paying 3.1% gross 5% earning ****** all in current account

Sorry, yes, I should have linked to that as it's what I was refering to. We are at record levels now and if FTB'ers have to find even more for stamp duty, then it will only get higher still* *Except the government will no doubt find some 'new initiative' to 'help' FTBers to continue throwing themselves kamikazee style into he bottom of the housing ponzi and save those above them and the builders!

Well if nothing else, it should mean the time on market figures reach even higher levels!

I'm loving the end of report round up, especially how BTL cannot support the market • Asking prices will continue to be eroded as time-on-market figures remain higher than 2011, albeit with the usual seasonal variation. • Supply of properties will increase as lenders’ forbearance wanes in the face of rising arrears. More properties will be repossessed and placed on the market. • Demand will decline in line with a further tightening of mortgage lending. • Self-financing buyers will demand significantly greater discounts. • More vendors will cut their asking prices. • The Northern property markets will continue to fare worse than their Southern counterparts. The Rental Sector Buy-to-let is thriving in the current climate and this looks set to continue. Mortgage lending to landlords is showing relatively healthy growth. However, the sector is not large enough to significantly support the whole UK housing market. Moreover, rising rental arrears look set to dampen the spirits of many landlords.

So the Government pumps in millions of pounds of support and still we lose out in a competitive tender. I think that might give a big clue as to the problem. It is far too expensive to manufacture in the UK now. Which pretty much means we are ******ed.

That would be the case, if I was paying the license fee

Same reply I got too, despite stating that as I completely agreed with the bloke's point, I felt directly insulted as well. I also added that I would expect her to make an on air apology for it. It was the waste of time I expected it to be.

Yes but she was refering to local houses rather than commercial property (I think). Probably she did it to get all those people within walking distance of a town centre who cannot shift their gaff at 2007 prices to think 'Sweet, in that case, i'm going to join her campaign'!

"What about taxes? Lobbyists like to point out that banks are usually the biggest payers of corporation tax, but usually omit to mention that corporation tax isn't that big a money-spinner. For their part, even leftwingers will usually assume that the bankers effectively paid for the tax credits, hospitals and schools we enjoyed under Labour. It's not true. The Cresc team totted up the taxes paid by the finance sector between 2002 and 2008, the six years in which the City was having an almighty boom: at £193bn, it's still only getting on for half the £378bn paid by manufacturing. It would be more accurate to say that the widget-makers of the Midlands paid for Tony Blair's welfarism. But that would be a much less picturesque description." So whilst all and sundry at Westminster were fauning to the wonderful financial sector as our future, whilst ignoring the unglamourous and declining manufacturing sector and hoping it would just go away, manufacturing was still providing the treasury double what the financial sector was?!

I think he is implying that her much easier, stress free, quarter of the workload job will actually be paid for by her child, thus meaning they don't have the life they could have done, if not burdened by paying for their Mother's 'easy life'?

Is that Harold Steptoe in the middle at the back?!

I'm in two minds about this. The youth need experienece and there are a lot of skills in the primary and secondary sectors which are needed and not getting passed down. However, using taxpayer money to fund this is basically just increasing profits to those at the top of the organisations. But, if it is to be funded by a cut in tax credits, which is already giving bosses in the service sector like the supermarkets increased profits via taxpayer subsidies, then I see it as the same money, just being shifted from one sector to more beneficial sectors, thus making it a marginal improvement on where we currently are.

They live in France and RT buys the programme off them as I understand it.

Spot on (only IMHO of course!).

Absolutely, I'd far rather have the Clown back in charge, or the current twosome, or Ed and Balls......

Only if the designated seating area doesn't have heaters! Which adds cost to the pub, which gets reflected in the prices, which puts more people off.

The bandwagon was absolutely choc full of those types "Oh if smoking gets banned I will start going/go to the pub more". Seems they all forgot once the ban came in!

I could have done with that link a few weeks back, would have saved me buying it! I've now got to cut my weekend budget by another fiver.

When I worked as a buyer at Bombardier in the mid 2000's, one of the targets we had was to source 30% of our material/components from the Far East. I have worked for a couple of other manufacturers who shifted production out to either Eastern Europe or the Far East. One of these companies also started getting rid of the local shop floor labour in favour of the Polish. I speak with the old guys in the industry and it's painful listening to what we used to do, but now don't.

What were the Guardian's front pages for the 13 years Liebour allowed this to happen as well?

At the height of the boom plenty of yields were negative. "Its all about capital appreciation innit? House prices only ever go up"

So are wages.... Could you explain your thinking behind this please?

I was floored by the words "Propery Guru" at the start of the article and have been seeing too much red to read the rest of it since!

Because we might as well waste a bit of time doing it, than not doing it.