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Meerkat

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  1. You don't need play with taxes - you are not that stupid not to understand that so why peddle it? Especially given that an average middle class man or woman already pays well above 50% in taxes (direct and indirect) and that's before excessive rent or mortgage payments kick in that wouldn't be there if the government had not used much of those taxes to distort the real estate market beyond recognition. Less taxes and intervention is the solution to the problems caused by them in the first place.
  2. Indeed sir... This is a variation of socialism known as economic fascism. Most people foolishly assume they have an ideological choice when they participate in elections. Effectively, the choice is between different variations of philosophical marxism... In principle, I believe Rees-Mogg has a point there. The only trouble is that a lot of other things need to be undone to make everyone equal (basically, restore free market). But, ok, sticking to this superficially narrow topic, all mortgage payments should then also be made tax deductible..
  3. Iron logic. Is there a course where they teach you to use Somalia as an instructive example to instil it into the people that less of state intervention in economic matters must and will result in a failed state/society? You are not the first deep state fan here to use this specific example.
  4. No, i did not know it. But again, where is the problem - immigrants or HTB? Of course, vested interests will attack. There is nothing wrong with immigration unless it is created by welfare state in so many different ways. It would both decrease in size and increase in quality if the dead hand of the state did not extend to so many areas where it should not be involved.
  5. I don't disagree with this assessment, but one should go after the source of the disease which has nothing to do with immigrants - they only highlight the problem. In fact, if there was not this temporary fake boom, there would also be less of immigrants doing many jobs in and around the construction. The good news is many will have no sensible alternative but to leave when the inevitable bust happens.
  6. You are quite right observing the outcome, but the causes? Unless there is some misunderstanding and just like Locke you agree that the state and its regulatory, re-distributive power must be cut back to level the playing field for everyone.
  7. This theory has been proved to be blatantly wrong and yet you still peddle it. How many million people have died globally because of this doctrine? You are even contradicting yourself I suspect as some of the ills you rant about have been brought about not by capitalism proper, but its exact opposite (i.e. omnipotent state), not least through usurping the function of money and credit supply. (The income inequality would be lower and there would be less of the poor if the state and its cronies had a lesser role to play in our daily lives.)
  8. I'm not saying that immigration has no effect. But it isn't an elephant, maybe an ant in itself if thought out properly. There are numerous far more important factors to start with. I will start with the most obvious and latest rigging of the market: HTB. Will you honestly disagree that this scheme is far less important than immigration? Otherwise, we could go on and on and on. Just the other month, was it on the Beeb or ITV, can't recall but caught a moment where a journalist interviewed campers of Middle Eastern or African origin as to why they so desperately want to reach the Blighty rather than stay at their point of arrival in the EU. (A hint - because this island is more pronounced welfare state than any other options on the continent. Need I suggest a natural solution that would in parallel cut housing costs, house prices to more natural levels? And also make many on the benefits go and fill quite a few of those roles immigrants are currently filling? Only folks who can sustain themselves would be allowed in or even willing to come. ) Honest money and banking would be the next level to take to, but part and parcel of abandoning the welfare state. Moaning about immigrants, may I also remind you, is actually one of the 10 Marx's socialism tenets. Actually worse, he suggested the state should go after them and expropriate.
  9. No, it isn't, time to learn some economics? As always, symptoms and unintended consequences get confused with causes.
  10. A nice place, lovely scenery. Been there. A serious contender for a place with friendly taxation regime combined with very high quality of life; knowing a local language would help a lot. Here's an English expat's assessment: https://andorraguides.com/living/what-it-is-like/
  11. Except that in a free market the outcomes (and winners and losers) are determined by the consumer (not a central planning body or dice). Inequality has only increased since abandonment of sound money with central planners in charge. Not to say free markets solve everything, but it is a vast improvement over crony capitalism or outright socialism.
  12. More like Barclay's rewarding themselves by dropping the pain of collecting 5 quid a month to collect 4000 - the whole thing there must have some "nice" memory on top of plain math. I guess you can also imagine what chances the "lucky" mum has of ever getting a credit line of any sorts or, indeed, getting into any contract where credit checks need carrying out. Hardly anything to celebrate.
  13. Mate, you are quite right at observing that the final descent into the current cesspit was embarked upon some 40 years ago, 40+ actually. I think what you are still to digest properly is that it was not libertarians or Austrians that put most of the western world on the slippery slope we are all rightly concerned about. In fact, you couldn't be further away from the truth. To call the system which is increasingly a mishmash of socialism and fascism as something fundamental is quite something. For starters, would you like to familiarise yourself with the concept of honest money? You know like gold. That naturally inhibits credit expansion and inflation. Last shackles that tied a certain government to a gold standard were abandoned 40+ years ago. It is no coincidence that the government controlled cartels of banks were able to embark globally on an unprecedented credit expansion and deficit spending spree that we are yet to see a finish of. 45 or so years later. It is also no coincidence that the well-being of the common man peaked exactly 45 years or so ago (specifically in the states). And it is, of course, exactly the purpose of the whole set-up to squeeze the wealth from unsuspecting "middle class" sheople. With the the help of the government that pretends to be protecting and working for the said class, bt actually does everything possible to fleece it to enrich certain corporates and increase its own dead weight on the society.
  14. Yes, morally repugnant and economically unsound. They will never go after the causes, but tackle all sorts of unintended consequences of idiotic policies to get the folk in an ever bigger quagmire.
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