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WinstonSmith

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Posts posted by WinstonSmith

  1. It's nothing to do with self-righteousness, it's merely the observation that people are paying through the nose for long term car hire. Most of them won't even have carried out a cost//benefit analysis. 

     

    People are free to make all manner of bad decisions, but then not one person on here has argued they shouldn't be. The straw manning on this thread is comical.

     

    As for not having to worry about problems with a long term hire, there's nothing to worry about with a three year old Kia that still has four years on its warranty and can be extended.

     

    The "prepared to pay more for luxury" argument is hilarious by the way. The interior of the average new mercedes these days is far worse than a Kia, ford, Hyundai etc. The era of windup windows is gone, what was once luxury is now standard.

  2. 50k to build that?

     

    And she just took a punt for 20k and luckily was granted planning permission? Hmmmm.....

     

    This comment caught my eye:

     

    "The banking system must be scared indeed if they are now bribing the press to support their lost cause. We are entering a new age of Default. People are skint because of Banks. Now the worm is turning, and there is a lower moral prerogative than ever before to repay one's debts - especially unsecured debts. The best advice to payers of interest right now is "keep up the repayments if the rate is fixed, and low" and "default if it's over the odds". The banks have had nearly a DECADE to pass on the base rate to the customer - and never got anywhere near - on purpose. Now the time has come for the borrowers themselves to punish them."

     

    Come on, which one of you was it?

  3. 42 minutes ago, Futuroid said:

    This must have been the EU's fault... right? 

    Just imagine what crazy shit they are going to get up to with full, unadulterated sovereignty and no oversight! ;)

    Oversight? From the EU? After Greece? 

     

    ??????

     

    Let me get my popcorn before you post again.......

  4. 19 hours ago, Arpeggio said:

    Amazon is not a company that uses loss leading, Amazon IS loss leading incarnate. It's all about the stock price with a price to earnings ratio of 511

    Amazon didn't legally have to pay the US equivalent of VAT for a long time. There are still a few US states where it still doesn't have to.

    Only recently has it been made to:   http://sanfrancisco.cbslocal.com/2017/03/30/amazon-collecting-sales-tax-united-states/

    Here's a chart of Amazons income / profit vs its revenue / turnover.

    20160129_amazon_bi.png

    They also have a lot of debt:   http://www.wikinvest.com/stock/Amazon.com_(AMZN)/Data/Long-Term_Debt   the highest of the big companies shown on there.

    Here's its share price

    amazon-stock-graph.jpg

    If profit is to business as oxygen is to humans, then competing against Amazon is like competing against a dead body in a breath holding competition. They will always win.

    If we were living in normal times then Amazon would be one hell of a short to take.

     

    Sadly we aren't living in anything like normal times......

  5. Based on my knowledge of the house market in my part of the northeast over the last three years (two bed terraces from 95 - 70k, three bed detached from 135 - 100k) I'm wondering if we're not all guilty of looking to the heavens for a sign when in fact there's a bloody great big one right in front of our eyes.

     

    I know it's not a revolutionary thought as it's been covered on here before, but a "crash" implies a sudden occurrence, when what may in fact be happening is regional and gradual.

     

    I'd be interested to read any other thoughts on this.

  6. 11 hours ago, Mikhail Liebenstein said:

     

     

    You say that, but I work on the basis that I can easily get credit if I needed it, and that it is better to leave money in my pension or ISAs than in liquid readies with no interest.  My house costs about £7k per month to run, so I'm b'uggered if  I'm leaving £21k in a current account earning zero interest.

    7k a month?

     

    Where do you live? Buck palace?

     

    On a serious note, what's the breakdown of that 7k?

  7. 12 hours ago, LiveinHope said:

    The article recommends 2-3 months slush money. Quite frankly, I'd have sleepless nights if I had that little. I'd save hard and go without to achieve more.

    Paul Lewis on R4 today interviewed 2 people who used pay day lenders. My heart genuinely went out to them both.

    But one interviewee said they took out a pay day loan each Xmas for £500 to pay for Xmas for their family, and it then took them until Xmas the following year to pay it off, when they took out another Xmas loan.

    Given they must pay £500 many times over to clear the debt, I wondered why they didn't just miss one Xmas, save what they'd have paid to clear the loan and then always be ahead of themselves for Xmas. I clearly have a very different psyche. And you can still have fun at Xmas without spending £500.

    You're greatly underestimating the immense stupidity of most people.

  8. On 22/02/2017 at 6:12 PM, Pieman Pieface said:

    Nope you are totally entitled to protest against policies you feel are dangerous, that's not ignorant. 

    And why would you expect journalists to vote for trump? I think all this 'understanding the trump vote' thing has got out of hand now. It had some legitimacy before the inauguration because we were all coming to terms with what's happened. But now we've seen Trump in action he deserves to be pushed hard every day and made to understand how unqualified for the job he is.

    And what were Hilary's qualifications? Or Obama's? A womb for her and the ability to read an article for him.

     

    I look forward to your answer. I'll get my popcorn.....

  9. On 22/02/2017 at 11:48 AM, Pieman Pieface said:

    I'm pretty sure there is some level of effort to discredit Trump and get him out of office, possibly by the Deep state government of the USA. Usually that would sound like a bad thing, but lets all be honest, Trump is a walking catastrophe, he's an absolute incompetent disaster and whatever means it takes to remove him and expose him for the clown his is should be celebrated. Businesses probably want him out, because like any right minded person they would see him for what he is.

    Its all very well wanting a backlash against globalisation or inequality, but to see Trump as the way to get it is frankly bizarre.

    And yet nowhere do you tell us why he is incompetent or a disaster.......

  10. On 21/02/2017 at 8:39 AM, Pieman Pieface said:

    I think the difference is in how blunt and obvious Trump is with his lies. He comes out and says things which are identifiably untrue, brazenly. That it has seemingly no consequence shows how tired the populace is with politics and with politicians. They are expected to lie, and so when Trump does just that, when he states facts which have no basis on reality then nobody cares.

    What are his lies?

     

    And in what basis can we say he lies more than any given politician?

  11. I personally know of over a hundred jobs in asbestos removal in the north east that have been lost to Eastern Europeans because they're willing to work for just over minimum wage. The local lads we're getting nearly double that and, unsurprisingly, aren't willing to do a dirty, unpleasant job for less than they can make stacking shelves in Lidl.

     

    I was speaking to the guy who ran the demolition firm taking down a chemical plant I was buying salvage from and he said: "Ive always used local lads but everyone else is switching to the Romanians on £7.50 an hour, if I don't do the same then I can't compete and I'm out of business."

     

    That was 8 months ago. I saw him last week and he doesn't have a single Geordie, Mackem or Teessider on his books now. 

     

    100% local workforce to 0% in less than a year. 

     

    Immigration is great.

     

    **** Off.......

  12. 39 minutes ago, Venger said:

     

    Source = some news feed I was looking at the other day, when logging into an email account I use for ebay.

    Another non-story.

     

    People enjoy different facts during every  debate ever undertaken. 

     

    If one engages in rebuttal then one will employ alternative facts. Alternative in that they support a different conclusion.

     

    As to the size of the crowds at the inauguration, that this was even raised by the media highlights their bias.

  13. 9 hours ago, cashinmattress said:

    Who needs spooks and expensive intelligence agencies when you've got Trump wagging the dog and spinning his own reality via twitter and Ceausescu-eque rants from his pulpit?

    He's giving the boffins and spin-doctors over at the CIA a good run for their money.

    Yes, he's just like Ceaucescu. No exaggeration there whatsoever.......

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