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No Teacher - No Guru

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About No Teacher - No Guru

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    HPC Poster

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    Hove, actually.
  • About Me
    The alligator bob.
  1. I read a thread on here last Thursday saying that Friday was the start of the next big sell off. His charts told him so. I wonder if he sold up then as I can see the markets really tanking today.
  2. ATTENTION LANDLORDS - As I posted above LHA can still be paid to the landlord direct if the tenant can be shown to have problems dealing with money, also if the tenant is more than eight weeks in arrears it is mandatory to pay the landlord (but the Local Authority have to be aware that the tenant being in arrears to do this). Housing Benefit vouchers would be a bad idea - the admin. would be a nightmare and costly. There is already a system of paper money in this country, why duplicate pointlessly. People claiming benefit are mostly ordinary people down on their luck - not the Daily Mail chav hordes of popular imagination - most of us are just one serious illness away from the poor house.
  3. Check the actuarial tables at the Government Actuary's Department for actual data concerning how long people live. Currently only 16% of men in England make it to 90, 10% are already gone by 60, less than 1% make it to 100. Back in 1980 only 5% of men made it to 90, 17% were gone by 60, less than 1% made it to 100. Your great aunt and grandad must have been pretty tough stuff. (Edited to add 1980 figures)
  4. People are in general living longer due to general improvements in material living standards and better health care. There is a limit, however, to how far this can go based on current knowledge of the human genome. This may be addressed at some point in the future, but for the next thirty years it's probably safe to assume that there will be no way to counter the degenerative effects of age on cell reproduction and repair.
  5. There are no quantum events at the level of the economy. People don't understand it because it is a complex system, subject to chaotic events and irrational behaviour by the participants, i.e. US. To imagine the economy is an external system subject to 'natural' laws is a fallacy, it is the sum of all human actions and cannot be divorced from human agency. To pretend it is somehow 'natural' is to excuse power and fail to see how it is the result of different interests clashing and combining to maximise their own rewards. As long as wealth is unevenly distributed the economy will continue to be a field of war.
  6. Housing Benefit has always been paid to the claimant, it was only paid to the landlord at the claimant's request. All claims existing before April 2008 continue to be assessed on this basis, it is only new claims from April 08 where the option to pay direct to the landlord is taken away from private tenants only, social housing is exempt and payment can still be made directly to the landlord if requested by the claimant. There is the facility to make payments direct to landlord's if the tenant is likely to be at risk of losing their home due to the inability to deal with their own finances and also if the tenant is in more than 8 weeks in arrears with their rent. If there are any landlord's out there with problem tenants who they assume are claiming benefits, and witholding rent - contact the Local Authorities Benefit service rather than wasting time checking out web forums.
  7. Great post. My dads a brickie and reckons that the build cost, including labour of most newbuilds is about £40,000.00. It's not a lot and it shows. The land the house sits on is usually the most expensive part of any build. Never met a reliable builder yet and that includes my dad.
  8. Anybody who remember's the 80's and 90's recessions knows that the unemployment that results lasts a good five years after the recession has technically ended. Remember the recession is over when growth returns, but it is growth as measured from a lower base, following the loss of capacity. The effects of the recession also fall disproportionately on the under 25's and over 55's, as the former are easier to get rid of, having just started their 'careers' and the over 55's are seen as deadwood, regardless of whether they are or not. In time the over 55's become pensioners and disappear from the stats, and the economy develops excess capacity so that the youger age groups find employment again, hey ho - unemployment falls. Still it's a grim period for those left mouldering, the recession will apparently be over, but not for them for a long time. (I'm from the North West and was born in 1973, I remember the whole of the 1980's as being one long recession and I'm still in that mind-set now. When I was growing up during the Thatcher era/error unemployment was running at about 25% in my area. The current recession seems mild in comparison.)
  9. Has commercial property hit the bottom? LONDON (Reuters) - Real estate company Land Securities is preparing for a homecoming to the battered commercial property investment market, fuelling hopes a two-year correction in prices is now in its twilight. After months in the investment wilderness, the country's largest real estate investment trust, said on Wednesday it was preparing to join a growing legion of opportunistic buyers keen to exploit a sharp 45 percent fall in values since June 2007. "With a strengthened balance sheet we are now assessing opportunities for new investment," Chief Executive Francis Salway said. "We maintain our view that patience is a virtue and that opportunities will arise over years not just months, particularly in terms of disposals by banks," he said. By 10:57 a.m. British time, Land Securities' shares were trading 3.3 percent up at 454.75 pence, ahead of a 2.1 percent rise in the FTSE 350 Real Estate Index. KBC Peel Hunt upgraded the shares to a Buy rating with a 490 pence target price.
  10. This thread just won't die, I think it just goes to show how tricky these concepts are. I saw that the issue of desert came up a few pages ago and it's worth remembering that not all our values can be reconciled with each other. 'Universal' values such as equality, justice/desert, and liberty are often in direct contradiction to each other. Ultimately, it seems you have to settle for boring pragmatism, which is the British way after all. Life is messy and we all have to tolerate each others differences, negotiating common settlements which allow us all to live together, otherwise, none of us live at all. Oh, I almost forgot, for those of you who didn't study PPE, try and watch Adam Curtis' documentary, The Trap. It's polemical but reasonable and good fodder for argument. (edited to add The Trap)
  11. Reminds me of the 'impossible is nothing' guy on Youtube. Do people really pay him money for platitudes?
  12. I don't think the positive conception of liberty necessarily entails the slavery of others to fulfil the potentiality of man, it does, however, rely on a omniscient active authority, which cannot exist, and can be used to justify subjugation of the subject by the authority in the subject's own best interest. The classical liberal position on liberty is the only conception of liberty which can be meaningfully applied without the use of explicit coercion, although it may result in implicit coercion, through necessity, of others in the exercise of one's liberty.
  13. As well as being complex due to the huge numbers of people acting in the world, there is the problem that economics is not really a science, there are as many models of how the economy behaves as there are economists.
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