Mr X
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Posts posted by Mr X
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Does the report take into account that jobs taken by an immigrants means increased unemployment in the native population thereby costing benefits. Does it factor in that large numbers of immigrants suppress wage levels as they are willing to work for less, especially when it comes to illegal immigrants.
Does the report factor in illegal immigration at all. How about the increased pressure on infrastructure. Were the benefits paid to their families considered.
Just comparing tax take to benefits paid is criminally short sighted, it shouldn't even need a report.
Does the report take into account that jobs taken by an immigrants means increased unemployment in the native population thereby costing benefits. Does it factor in that large numbers of immigrants suppress wage levels as they are willing to work for less, especially when it comes to illegal immigrants.
Does the report factor in illegal immigration at all. How about the increased pressure on infrastructure. Were the benefits paid to their families considered.
Just comparing tax take to benefits paid is criminally short sighted, it shouldn't even need a report.
You missed soaking up housing stock for the native population forcing up prices subsidised by housing benefit paid for by?
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https://www.london.gov.uk/priorities/transport/vision-strategy/new-aviation-capacity-for-london
Apparently increasing flight capacity is essential to our economy.
Fast forward 100 years.
Plans for Heathrow 27th runway to be approved following advice by a bloke to the government. It is essential for the growth of the economy and must proceed.
Cobblers. We don't need a third runway now and we won't need it then. Joe public will enjoy no benefit from it whatsoever just a decrease in the quality of more peoples lives by noise and air pollution. But the proles won't listen until one lands on their house by mistake.
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Those "perfessionals" can't afford Islington, and now, can barely afford a 2 up 2 down in Walthamstow. Houses built for shit shovellers by the way.
Still being used for the same purpose then :-)
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These days a power cut will have a much greater I mpact on commerce, peoples lives and the general functioning of the country than it did back then.
Our lives run on the internet. This forum would cease because there would be no HPC server, no backbone, no ISP and no power for your router or pc. Even my cat flap wouldn't work in a power cut.
Not to mention the hundreds of thousands of teenagers running around demented because the can't charge their phones and text their mates!
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I believe we have just fallen below Spain for 'labour costs' which the FT was trumpeting as some kind of success.
Ahh - here we go....
http://www.ft.com/cms/s/0/2fb8d778-2b93-11e4-a03c-00144feabdc0.html
Of course this all goes hand in hand with our elites thinking a weak currency coupled with cheap labour equals high employment and success.
Talk to the Germans and they like a strong currency as that is how you get rich, it drives industry to move upmarket and create high value added and invest to ensure high prodcutivity.
Anyway, our drop in living standards for ordinary people to the bottom of the EU is on the not so distant horizon too even if you can't quite believe that right now. After all - who would have thought our labour would become cheaper than Spain's for godssake?
I think that is because much of our labour is Spanish, Polish, etc.
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"There is no bubble in London. We have tools to deal with this" Tariq Aziz - BoE
That isn't Tariq Aziz, it's Muhammad Saeed al-Sahhaf.
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+1
will be nice to see the savers punish each bank in turn by shifting capital around, might force a savings rate war as they scrabble for savers money.
Cash is king ;-)
Not when you've got a money printing machine and you're not afraid to use it.
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Year Number of billionaires Combined net worth2013 1,426 $5.4 trillion2012 1,226 $4.6 trillion2011 1,210 $4.5 trillion2010 1,011 $3.6 trillion2009 793 $2.4 trillion2008 1,125 $4.4 trillion2007 946 $3.5 trillion2006 793 $2.6 trillion2005 691 $2.2 trillion2004 587 $1.9 trillion2003 476 $1.4 trillion2002 497 $1.5 trillion2001 538 $1.8 trillion2000 470 $898 billion
Ah yes there are more of them but they are no better off thanks to QE aka money printing. No emoticon, I'm autistic.
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yes, they should be liable even more so because they are directly spending public money.
mervyn king should be stripped of his assets and barred from public office for creating the biggest credit bubble the country has ever seen, stole from savers in the aftermath, before trying to re inflate that bubble all over again.
when you steal £1000's you get put in prison, when you steal billions you get bailed out, when you steal £100's billions you get knighted.
+375Bn
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These days, we're paying for the upper classes to live in areas we cannot afford to live in too.
We always have done, that's capitalism isn't it?
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Lordy lordy. 5 million or not the first thing I think of when I hear of 'Hammersmith' is Bottom, with Eddie Hitler and Richie Rich. (and Mr Rottweiler)
That was the 90s though. Sure is nicer now
I worked in Hammersmith for may years and lived close by. It was and still is to my mind a dirty, smelly, noisy and generally unpleasant place to be. It absolutely amazes me that anyone would want to live there at all let alone pay to live there. Individuals buying this stuff at this price have obtained the money to pay for it far too easily.
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Nah, it won't. They'll ask a stupid price, then when it doesn't sell for what it's 'worth' they'll just pick up their toys and go home ...
A lot of EAs are going to start seeing their advertising costs rocket and no corresponding increase in revenues.
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I can assure that this is not just talk. We have already seen this rolled out in Cyprus and it will be used again. I understand why there is a lot of cynicism about bankers and politicians on this site but it is not always realistic. Bail-in is very much the future of bank resolution.
But, but they're too big to fail... Aren't they?
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What is affordable?....what is affordable to some is unaffordable to another.
Someone was telling me that not that long ago they built some 'affordable' homes on an estate nearby.....these homes were snapped up and promptly resold not long afterwards at non affordable prices....there are no longer any 'affordable' homes on that estate.
The term "Affordable housing" always amuses as by implication everything else is unaffordable therefore nobody can possibly have enough money or obtain enough debt to buy it.
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My landlord was in touch over the weekend saying they would like to raise the rent 6%. I find it impossible to relate the anger I felt at this suggestion which they put to me as they arrived back from Mauritius after spending the last few months there relaxing. To be fair the rent for the house is a bit below "market" asking prices in what might be termed a "sought after" area by a tosser but its just where I need to be right now. I have a pretty good job which is bloody hard work. I am so incensed by these unproductive landlord layabouts that think I'm just here to keep them in a manner to which they've become accustomed. I am seriously, seriously tempted to chuck in my job tomorrow and tell the LL to go swivel. In so doing I will have to cut back but I will also be depriving the exchequer of 40k a year on income tax alone. Having a job and paying tax for me right now is like making my executioners axe!
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House prices rise by £9,000: average value soars to £238,000
The express jizzing all over it's pants.
Higher prices it appears energise the first time buyer...
A reaction to the various defibrillators perhaps?
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Must be some kind of bright spark.
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First set of boobs to grace the BOE head table?
Shouldn't that be pair, or is the triple breasted whore of eroticon 6 real?
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Doesnt he have any shame about owning multiple mansions as a foreigner, when thousands of the people whose land it actually is live in squalour?
Romanians should kick him out.
You could say the same about the Cornish
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Doesnt he have any shame about owning multiple mansions as a foreigner, when thousands of the people whose land it actually is live in squalour?
Romanians should kick him out.
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This is one of the most stupid, full of basic errors articles I've read in a long time! Incredible. I would understand if it had been published on some some air-headed magazines such as "Grazia" or "heat", but that site pretends to be a financial site!
Is Yahoo! "Finance"
actually paying this "Lana Clements" for this rubbish?? Why??What are her qualifications??
Who is the editor?? What are HIS/HER qualifications??
Jesus fecking Christ.
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Sadly she is probably better qualified to write these articles than the chancellor is to run the British economy. She'll do less damage than he will too.
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Sold
in Anecdotals
Have Fixtons opened a new branch in Nottingham?
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+5% to +10% in line with real inflation i.e. of other essentials. Shame wages and now benefits aren't matching the rises. What unexpected event could possibly be next I wonder?
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Perhaps hpcers could club together and start legal proceedings against the BOE? Any member lawyers able and willing to head it up?
Osborne Advised Using Financial Loopholes To Avoid Tax And Care Costs
in House prices and the economy
Posted
These people exist. It's why this website exists to oppose them.