southmartin
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Everything posted by southmartin
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Yep - sounds about right me What could possibly go wrong? (oh, apart from when we need to borrow for ourselves...)
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What's the betting that we have to 'chip in' with a few £bn, but then in a few months time when we're all eating out of tins, the euroland do sod all?? Such is the one-way flow of the EU
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You may be right, but I suspect it'll be the 'all fruit' category! What bugs me though, is that this tax will supposedly be to "help people who have suffered due to the financial crisis" in this country. Putting aside the fact that a lot of those people made stupid decisions and should have to deal with the consequences - what this means is that some of the tax generated will go toward helping people pay their mortgages... or to put it in the TFH manner: Bank gets taxed, in order to raise revenue to help pay to service loans taken out at the same bank (so they get it straight back again) but of course the 'losses' originally incurred by the new tax are passed onto the customer - ergo the politicians get to look like their being tough, but in reality we're paying TWICE and the banks are making even more money - genius!
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http://*******.com/ydctwr7 MPs Urged To Back 'Robin Hood' Bank Tax 8:57am UK, Wednesday February 10, 2010 Neal Walker, Sky News Online Politicians are being urged to back a "Robin Hood tax" on banks to raise billions of pounds to fight poverty, protect public services and fight climate change. ============ Does anyone really think that the banks will simply stump up an extra 50p in every £1000 as a tax, and just take the hit on their bottom lines? - Won't they just pass the cost onto the customer (i.e. savers & borrowers) in the form of lower / higher rates or fees? Essentially this will end up being another tax on the public, though the danger is that the public will be keen on it as it says it's a tax on bank profits...
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Ethel Austin Into Administration
southmartin replied to symo's topic in House prices and the economy
I doubt it'll be the only type of high street "EA" that goes bust this year.... boom boom -
Civil Service Strikes Very Soon!
southmartin replied to Mega's topic in House prices and the economy
If they strike, I wonder if they'd be kind enough to let us all know when they return to work - just so we can tell -
Fears Of Bias As Bbc Gets £141M In Eu Loans
southmartin replied to Dubai's topic in House prices and the economy
The fun thing is, that the BBC is in breach of it's charter by taking this money. That's how there are thousands of people refusing to pay the licence fee, and the beeb daren't take them to court as they'd probably loose, and the case would get a lot more exposure... which of course would mean more people start doing the same... Slippery slope. -
Mps Claim They Are Above The Law In Expenses Fraud Case
southmartin replied to Dubai's topic in House prices and the economy
If we still have an active Bill of Rights, then we can't have a Lisbon Treaty (BoR and MC are supreme)... Nulab really need to pick a side and stick to it! -
If You U R Not Happy In The Uk?
southmartin replied to 88Crash's topic in House prices and the economy
I'd rather be a foreigner in a foreign land, than a foreigner in my own country And what's more, if I emigrate, my new country will expect me to pay for my keep - quite rightly too! Unlike our hovel that steals from pensioners so that somalians can have £1600 pw luxury London pads. -
Britain's First £1,000 Train Ticket
southmartin replied to Realistbear's topic in House prices and the economy
I seem to remember reading somewhere that the Sandbanks chain ferry is the most expensive public transport journey when priced-per-mile. It's about £3 to go about 150 yards, or I suppose over £300 per mile ;-) Of course, attempting the journey sans-boat, may well end up costing you more than that! -
Something has gone horribly horribly wrong in the world... Sibley's just posted something that makes a bit of sense, and I agree with him I'm off to take a shower and try to scrub myself clean
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The Imf To Loan $500 Million To Zimbabwe
southmartin replied to Thread Killer's topic in House prices and the economy
If they added another 200 billion, maybe they could get one with a rubber on the end? -
Markets Didn't Tank This Week - Again
southmartin replied to The Masked Tulip's topic in House prices and the economy
I'd prefer a black Q7, but it's have to be the s-line with full leather... -
Cattles Getting Slaughtered
southmartin replied to Wait & See's topic in House prices and the economy
This will catch some weary investors on the hoof... -
For Those Who Think The Bbc Is Vi
southmartin replied to Jonnybegood's topic in House prices and the economy
The ramping is down to the terminology... You must remember that most of the populace are not very bright, and those that can read only skim a headline quickly, before heading back to facebook... So it's very easy to use a headline like "House price rise hits 5-year high" which my be technically correct as it refers to the "month-on-month percentage rise" but the sheeple will read it as "House prices rise to 5 year highs" thus helping to feed their confirmation bias Do you see what I'm getting at? -
With Whats Happening In Ireland
southmartin replied to richcrashman's topic in House prices and the economy
Good point - I think most Brits who watched the news through the 80s & 90s know how stubborn they can be... the real irony of course, is that's what might actually come to our rescue! I'll personally buy the whole pub a pint of guiness if they reject it again! - if only to put Cameron on the spot about the UK referendum! -
With Whats Happening In Ireland
southmartin replied to richcrashman's topic in House prices and the economy
Sadly I think it's more likely they'll vote "yes" now... Let's be honest, most of the electorate (any electorate) are pretty uninformed, and so if someone comes along and says "don't you remember how much better the economy was before we voted "no" then a lot of the people who don't understand how much better it could be now if they weren't tied to the euro, will probably add 2+2 and get -3 Now If I were a real tin-hatter, I'd suggest the Biderbergers knew Ireland would be trouble and made sure their HPI was greater than anyone elses, so they'd be more likely to join a few years back.. sadly they didn't count on the French saying "non" in their first round, thus delaying the project a couple of years and planting the Irish referendum slap in the middle of a downturn.. I think the only hope we have is the brilliant bloody-mindedness of the Irish... I'd love to see a bigger no vote along the lines of "No means no, how many more times do we have to tell you..." -
Don't forget your old bank ledgers with all the incriminating evidence... ask the bank to mail it for you before you get your $300k
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Guess Where This House Is
southmartin replied to Its time to buy's topic in House prices and the economy
Can you be a bit more specific? That doesn't really narrow it down much -
Emptiness Is The Wonder Of Woolies
southmartin replied to copydude's topic in House prices and the economy
Our woolies is right on the high street, and it's a high street with b*gger all parking... if some bright spark were to take the doors off, lower the curb to the road then create a massive drive-in parking pay, they'd make a fortune! -
Europe - What Has Happened ?
southmartin replied to US Citizen's topic in House prices and the economy
http://www.newalliance.org.uk/incompat.htm worth a read - still a glimmer of hope that we'll survive.... afterwards -
There's your problem...!
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You were thinking about that answer waaaaaaaaaaaaaaayyyyy before I posted the question, weren't you?