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House Price Crash Forum


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  1. Apparently - according to good old Nick Ferrari on 97.3 this morning - the total cost of all these quangos is £38 billion !! To put it in perspective the saving on child benefits is £1 billion - and what a fuss is being made of that!
  2. You have hit the nail on the head. If the torries win, they will: - inherite a bag of shite with no fiscal room to manoeuvre - things will be bad for a few years - the sheep will complain how ‘life was so much better under labour’ - by the time that they finally manage to put plans in place for recover it will be election time - they will loose the subsequent election as ‘life was so much better under labour’ - labour will win and inherit the plans put in place for recovery by the torries - life will get better and labour will take the credit - labour will then be re-elected That's why labour are so keen to spend their way out of this crisis and don't care what mess they leave behind for the torries to pickup.
  3. still down :angry: click login and nothing happens.... :angry: :angry:
  4. Police have got my support £33k is not a fair salary when compared to other jobs, for example don't tube drivers earn the same amount ?
  5. yet again thanks to this government, the UK looks pathetic. just as with the BMW/Rover fiasco, "please could someone help us out, please buy this company, please, we are so f3cking useless and incompetent, please could you come and rescue us" Yet again thanks to this useless government, what a pathetic sorry state we must seem.
  6. so true. same goes for phones, LCD TV's and iPods...
  7. yep, let's not forget all the other classics : "no more boom and bust..." "solid fundamentals..." "I will not take risks with the economy..." "lowest mortgage rates for years..." classics what a goon..he makes me so angry
  8. "The predicted drop will be caused by a combination of five Bank of England interest rate rises and the turmoil in the banking system which is leading to sharp increases in the cost of borrowing." nothing to do with unsustainable & ridiculously high house prices in the first place then, lets blame paltry low interest rates and the US instead.... FFS
  9. I think the government should pay for all those affected to register for CIFAS Protective Registration Service Details here CIFAS Looks like a sensible thing to do, a family of four would need to cough up around £45 (£11.75 per person)
  10. yep, he's a complete @rse. He also does a slot on 97.3FM in the morning with Nick Ferrari, absolute puke.
  11. "The U.K. central bank said today it advanced 314 million pounds ($628 million) at 6.75 percent yesterday, the first time it has done so since July 17. A spokeswoman for the central bank, which offers funds at 1 percentage point more than the benchmark rate to institutions that need money outside of its weekly auctions, declined to identify the borrower. The Wall Street Journal reported on its Web site today that Barclays Plc was the borrower. Barclays used the money to cover a shortfall in its account with the central bank, the Journal reported, citing unidentified people familiar with the matter" It's started....
  12. Northern Crock profit increased by £93 million between 2005/06, but with an increase in assets/liabilities (lets call it risks) of £20 billion - up from £80 billion to £100 billion. Profit in 2006 was £470 odd million, so with increasing risks of bad debtors and potentially having to write off £275 million (and I bet it’s more than that) and things could look totally different and that's assuming there isn’t any other skeletons waiting to come out...
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