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laurejon

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Posts posted by laurejon

  1. This is quite a supprise to me, it seems like the general consensus is that a fall in houseprices of 25% to 30% would make it possible for most on here to buy. It is not exactly a figure that is going to bring the country down should a fall of that size take place.

    Most of the residential property in the UK is not even mortgaged and is owned outright, and most people who have a mortgage would have enough equity to not go negative.

    A fall of 20% to 30% would collapse the UK economy sending all the banks to the wall and leave the UK in a worse postion than Greece.

    Believe it or not it was very common in 2000 until the GFC to have interest only mortgages. These people are still around today, hiding behind their curtains waiting for the baliff to turn up and help himself to their 50 inch plasma and World of Leather Sofa that they bought on interest only no payments for five years.

  2. I guess the fact that the baby boomers are more successfull than todays generation of job seekers would confirm the idea that educational standards have been falling for several decades such that an 11+ back in the old days is the equivilant of an economics degree from the London School of Economics today.

    it is a testament to the hard work of the baby boomers that they took a post war nation that was on its knees and rebuilt it against the odds to its heyday in the 60's. I guess the 70's onwards were the years of decline as the UK followed many other now lost civilisations into the land of liberal exhuberance and fiscal drunkness that pickled their brains such they were no longer able to distinguish between the insane and the prophets of truth.

  3. I used to work with the long term unemployed, and although it may not appear to be the case on the surface, I can categorically state that the majority do want to work. I think, years ago, the figures used to be that even with full employment, there are only about 2% of the working age population that will actively avoid work.

    I don't know how things have changed, especially with regard to the real amount of benefits people receive, but I have no reason to presume that once barriers to employment are overcome, this figure has changed.

    The key word here of course is AVOID. Yet the majority of the people attempting to get sick benefits that I meet are not looking to AVOID work, they are looking to get diagnosis and treatment that will allow them to work without increasing pain and suffering.

    The problem, in my experience, starts with GPs.

    How, even if you are a well trained, experienced, GP, can you assess somebody in 10 minutes? That's the average consultation time. This is to get update information, read past history, interpret blood results and possibly examine a patient. Then they have to update records. I would say it can't be done effectively.

    Yet in recent years we have cut GPs hours. In place we have organised NHS direct, links to 24 hour call-outs, centralised systems.

    What happens, particularly if the records have not been updated fully and accurately, is that the problem gets larger, not smaller.

    Hence, we have more pressure put on the NHS because the patient keeps having to return over and over again.

    And, this is what happens if you have a well trained, experienced GP. In my experience, most of them aren't.

    In fact in my experience most of them are pretty much useless. Quite possibly down to poor training, or maybe due to the pressure of the 10 minute consultation time, or maybe targets. Much easier to try and convince a patient that they are not ill, rather than look at the symptoms.

    Ultimately you end up in a situation where the people that are ill, with anything more than blatantly diagnosable illnesses, get caught up in a whirlwind of claims, inappropriate testing, even more pressure on the NHS, loss of earnings and a downward spiral for all concerned.

    It's a shambles.

    And then you get these silly programs trying to lay the blame on the poor economy on, quite possibly, the 2% I mentioned at first, who you will never get into work no matter what you do.

    It doesn't matter how uncomfortable you feel about the situation. One thing I learned when working with the long-term unemployed was to forget about that 2%. It would drive you crazy. Focus on the people that do want to work. Help them!!!! Because, ultimately they are the folk that keep the economy going.

    Unfortunately unemployment is designed to exist. Full employment causes inflation and makes a nation uncompetative in the world. Be under no illusion that the UK's unemployment figures are no random event, they were designed and agreed by the Government some time ago.

  4. The property market in Sydney is doing very well with rents ever inreasing and auction clearance rates also doing well. Asking prices are still being exceeded in Sydney however there is not the sense of urgency so much as was seen in the past. In my area on the Northern Beaches there are sold signs up everywhere. I am amazed myself that the market is still turning over high volumes of high end properties. A house on the Northern Beaches that would pass as a derelict monstrosity in the UK would sell for around $2.5m and with the Aussie dollar at record levels its going to be hard for any expats to rock up and buy anything other than a 1 bed flat.

    I still think the smart money is on renting as it does beggar belief that so much money can be swilling around targetting property when the developed world is clogged up in massive debt.

    On a good note, Australia is set to become one of the worlds largest exporters of energy in the next decade with vast reserves of Gas and Coal. We also have Zero unemployment which is effectively less than 5%. I guess they consider that 5% to be bludgers and not true job seekers.

    Australia is certainly a country that has a lot of potential as it is under populated and has yet to rip itself apart with exploitation of natural resources. in addition its location is directly within the emerging economies as Europe and the US gradually disintigrate into lost civilisations torn apart by war and political corruption that has finally caught up with them all.

  5. The problem with the Tobin tax is that the recipient is the European Union. The last thing we need is the EU further empowered and that is exactly what this tax would set out to do.

    Osborne is applying Thatchers policies of cuts, cuts, cuts, and if you look across the world you will find others doing exactly the same. The idea that you can spend your way out of debt is economic madness perpetrated by left leaning economists churned out of the LSE and now sitting at home with a healthy helping of egg on their faces.

    Lets all face facts here. The last decade of spend spend spend has now come to an end and its time to revert to old school economics which are simply stated that you do not progress by spending more than you earn.

  6. Essentially it works like this.

    You go to school and you are taught that money is everything, its what you will strive to earn when you leave school in order to support yourself.

    Lets substitute the word Pounds Sterling, for the words Shower Curtain Rings.

    You leave school and you get your first pay cheque that indicates you have earnt 1,000 shower curtain rings that month, and you have a choice on whether to spend your curtain rings, or save them up and earn interest on them, so the 1,000 curtain rings becomes 1,040 shower rings at the end of the year having earnt 4% interest, less two shower rings taken in tax.

    Next month you exchange your curtain rings for a cheap car, then you get married and spend many hundreds of thousands of saved rings on a house, and borrow many hundreds of thousands in order to make the shortfall.

    At the end of your working life you count all your shower rings up and deduce that you are rich, you have a million + shower curtain rings to your name after a lifetimes work, then someone overseas brings you down to earth.

    You have been had, your shower rings are now worthless and you are a fool for working an entire lifetime collecting them.

  7. We hear much about from the Government about the Carbon Footprint of the working classes, it seems the carbon footprint of the rich and famous like Blair is irrelevant as they are too important to forgoe a private jets 30 tonnes of fuel to travel to Spain for a weekends sunshine in the villa of a well known mafia figure.

    However lets build something called a Labour Party footprint, the path to devastation resulting from the terms Labour have been in office, what it means for people around the world in terms of life expectancy, economics, and the ability to feed themselves unaided by state intervention.

    Without going into detail Labour Socialist Warming policies have created many tens of thousands of civilian deaths, starved people to death, and have created an economic climate that has deprived people of their basic right of housing, and for those that did have a house, removed that too. In addition they have raided the pensions of working class people and spent the money on failed IT projects and pay rises for party activists and extremists working in our town halls.

    I have deduced this information without the help of billions of pounds of faulty computer systems using data that has been cleansed by learned scientists on a commission basis, and predict another ten years of Labour to be a humanitarian disaster not seen since the last ice age.

    Yes the inconvenient truth is another term of a Labour party will reek havoc and destruction on humanity and we are urged to act now, doing nothing is not an option worth considering.

  8. Hi All,

    I report a few months ago that my landlord/friend was selling up and initially thought house would get home 160K...after talking to first agent, they said 190K, he'd have been more than happy with that.

    Next agent says 250K...so he puts in on with them.

    He ended up getting 2 offers, one at 235K and one at 240K !!!!

    The 235K had to sell, the 240K people ( young couple) were moving out of London and in a position to proceed.

    It took a almost 3 months after the offer was accepted but they completed today.

    He's laughing all the way to the bank and openly admits he things the house is worth half what they paid and would have accepted much much less.

    Let that be a lesson to anyone buying now !!!!

    It's all timed out well for me though as I'm off to France to work next week, 12 month contract. Getting paid in Euros and living on expenses. Couldnt be better. Looking forward to it. I'll be the count of nowhere in france for a while :lol:

    I'm happy to watch the UK from afar for a while and laugh at mugs like my mates buyers.

    I feel sorry for the buyers, the house needed redocating from top to bottom and is riddled with damp. They have paid peak housing bubble prices and I confidentally predict it will be a weight round their necks for years to come.

    C'est la vie.

    I would take your landlords advice with a pinch of salt, hardly someone who should be handing out property valuation advice. He thinks himself his property is worth 160k then after a professional agent gets involved he secures a deal for 240k.

    The moral of this story is that a professional estate agent is worth his weight in gold, despite all the bad press agents get they represent value for money and help fools get the best price and current market value for their properties.

  9. Hi All,

    I report a few months ago that my landlord/friend was selling up and initially thought house would get home 160K...after talking to first agent, they said 190K, he'd have been more than happy with that.

    Next agent says 250K...so he puts in on with them.

    He ended up getting 2 offers, one at 235K and one at 240K !!!!

    The 235K had to sell, the 240K people ( young couple) were moving out of London and in a position to proceed.

    It took a almost 3 months after the offer was accepted but they completed today.

    He's laughing all the way to the bank and openly admits he things the house is worth half what they paid and would have accepted much much less.

    Let that be a lesson to anyone buying now !!!!

    It's all timed out well for me though as I'm off to France to work next week, 12 month contract. Getting paid in Euros and living on expenses. Couldnt be better. Looking forward to it. I'll be the count of nowhere in france for a while :lol:

    I'm happy to watch the UK from afar for a while and laugh at mugs like my mates buyers.

    I feel sorry for the buyers, the house needed redocating from top to bottom and is riddled with damp. They have paid peak housing bubble prices and I confidentally predict it will be a weight round their necks for years to come.

    C'est la vie.

    I would take your landlords advice with a pinch of salt, hardly someone who should be handing out property valuation advice. He thinks himself his property is worth 160k then after a professional agent gets involved he secures a deal for 240k.

    The moral of this story is that a professional estate agent is worth his weight in gold, despite all the bad press agents get they represent value for money and help fools get the best price and current market value for their properties.

  10. Take the british car industry for example as the unions such as those in British Leyland were pretty typical of the militant unions.

    The unions and workers were eventually persuaded by management into a more partnership orientated relationship much like in Germany and went along with automation, leaner more efficient working, lower pay and conditions in order to be competitive and where has it got them?

    The promise always was if workers agreed to these changes it would guarantee job security.

    Management sold the companies and moved the jobs abroad anyway, so where did going along with management get the workers?

    What little car industry still remains in this country will gradually disappear over the next 10 years and there will be no car industry left in the UK.

    Is that the unions fault.

    No I dont think so.

    Yes it is the Unions fault, as indeed was it Labour fault for nationalising the car industry and producing vehicles typical of a soviet nation that nobody wanted.

    Hillman Avenger, Morris Marina, need I go on ?

  11. I dont think it could ever happen.

    I know its going to happen.................interest rates are being lifted across the Globe and the UK will be no exception. Brown has insulated the UK by printing his own money, rather than encouraging foreign investment. The reason he chose the former is that foreign investors are looking at the Asian Pacific region for returns, not the UK that is now outside of the modern economy and still residing in recession despite pre election declarations the UK is out of recession.

    Going forward the UK is a spent force. Like many other nations that have had a despotic and corrupt socialist government the UK is now essentially neuteured and will be unable to recover from the crisis.

    A workforce dependent on state subsidies via the benefits system, a workforce that is primarily unskilled, and illegal immigrant population of over 1 Million, 250,000 assylum claims costing the taxpayer nearly 100k each to process.

    The UK is sinking fast and its going to be a case of man the lifeboats and leave the steerage behind.

  12. The fact is that no nation owns the land, the people own it and in order to preserve it they may have to fight for it.

    Argentina is going towards another election, and the left leaning government is looking like all other caniving left leaning governments for something to get them out of trouble.

    The solution is for the UK to drop a Nuke on Argentina and be done with it. They have been bitching for decades about what they percieve to have been taken from them, when in fact they exist only because their Spanish Ancestors stole the land they currently inhabit from the indiginous population.

    As a friend of mine from the Pacific Islands told me recently. Her ancestors lived in hope of being invaded by the British, for if it were the Spanish or Portuguese they would all be killed, wiped out completely.

    The British were in the greater part responsible for bringing civilisation to those that were living in the dark ages.

  13. Massive managerial excess, high drug costs and reliance on primitive therapies which prolong interaction with the health service and inflate costs.

    When it comes to Drugs costs.

    Why do British Universities and Hospitals get billions of taxpayers money for research, then when they get a breakthrough the Drugs companies use the technology and charge the taxpayer again for using the drug ?

    The British Government employ tens of thousands of Scientists, would it not be possible to take a few off of Climate Change/ Star Gazing duties and assign them to creating cheaper drugs for the taxpayer ?

  14. They've been running trailers since last w/end. Looks like one job is a farm labourer and another is in house-building.

    I wouldn't be surprised if they are exposed as saying that 'well I wanted a job, but not that one.' This will support the idea that the immigrants will work harder and are more skilled, which they probably are in comparison, an indictment of our education system, not just the unemployed local people themselves.

    I think you are right, the working classes in the UK expect far too much and thankfully the international labour movement have recognised that and Gordon Brown is in agreement having had many talks with the movement at both local and international level.

    I see people in China who would be more than happy to work in the UK for less than 3 pounds per day, and do not require luxuries such as toilets, baths, or shelter. Many workers in China can erect a property for both themselves and their families for less than 6 pounds sterling. In addition Chinese workers work longer hours, are always happy, in fact so happy they bring their children into the workplace to help out as they enjoy it so much.

    Only last week I visited a mine in China and saw many many children with black smiling faces pulling coal carts around the shunting yard with their fathers, then helpling their Mothers and Sisters unload the carts and grade the coal to be sold in wholesale markets and at the local market.

    If I were a business man I would lose all my UK staff and import as many overseas workers as possible, I would even be prepared to part pay for their housing by providing the corrugated metal and polythene.

    The English are just lazy, idle, and want far too much for a days pay.

  15. I think for most people the only public service they access is the NHS save for having a dustbin emptied over their front pavement once fortnight, of which is half empty as the rats have eaten most of the refuse anyway.

    I really cannot understand what on earth this Government can be doing with all this money. My pay deductions to Gordon Brown for income tax and NI were three times my Mortgage!!!!

    If we took the taxes on VAT, Car Tax, and Council Tax, and Congestion Charging, and they tell us we will not get a state pension, or fully funded healthcare, then surely something is seriously wrong and like a business they should be wound up ?

    I am shocked by the monies taken by this Government from citizens in the UK.

  16. Gordon Brown plans yet another raid on those that have worked hard for a pension, or have worked hard to keep themselves out of state aided housing.

    "But the conference - which was closed to the media - was clear that rather than the flat rate levy of £20,000 that the government has put forward, payable at or near retirement, or from someone's estate, any contribution should be progressive, with the better-off paying more."

  17. More proof that Climate change is just one big money making scam.

    Its time to give Brown such a bloody nose in the next election, no other political party will dare disrespect the public in such a despotic fashion.

    http://www.telegraph.co.uk/comment/columnists/christopherbooker/7280348/60m-bill-for-the-CO2-of-our-political-class.html

    one could not want a better vignette of the gulf that has opened up between our “political class” and the rest of us than a bizarre little item which emerged last week on an obscure part of the European Commission’s website. The British Government, as revealed by the EU’s Official Journal, has allocated £60 million of taxpayers’ money to be spent on buying carbon credits from the Third World for the use of government buildings and other official purposes – so that our civil servants can continue to benefit from the CO2 emissions needed to keep their offices warm and lit. The Government has contracted to buy these credits, mainly available from China and India, through 10 British and foreign companies, including Barclays Bank and a branch of J P  Morgan rather oddly situated in a back street in Oxford.

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    Our entire Government machine – politicians and civil servants alike – is now obsessively dedicated to the proposition that we must drastically cut our “carbon emissions” to save the planet, at virtually unlimited cost. But when it comes to the officials and politicians themselves having to make sacrifices, as our own fuel bills soar, they have quietly arranged for the rest of us to shell out £60 million to allow them to carry on much as before.

    The story then becomes even more bizarre. The contracts with Barclays, J P   Morgan and co – who will retain up to £9 million in commissions – will be used to buy Certified Emissions Reduction (CER) credits under the UN’s Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol.

    Easily the largest beneficiaries of this curious system are firms in China and India which receive the credits for showing that they have at least nominally cut back on their own greenhouse gas emissions. They can then sell their CERs through intermediaries, to allow organisations in the West, such as the British Government, to continue pumping out greenhouse gases such as CO2.

    The largest and easily the most lucrative component of the CDM market, administered under the UN Framework Convention on Climate Change (UNFCCC), is a peculiar racket centred on the manufacture of CFCs (chlorofluorocarbons), classified under Kyoto as greenhouse gases infinitely more potent than CO2. The way the racket works is that Chinese and Indian firms are permitted to carry on producing the refrigerant gas known as HCFC-22 until 2030. But a by-product of this process is HCFC-23, 11,700 times more powerful as a greenhouse gas than CO2. The firms can then destroy the HCFC-23, claiming allocations of carbon credits worth billions for doing so (while much of the useful HCFC-22 is then sold on to the international black market).

    According to the UN Environment Programme – a body set up in 1972 by a Canadian businessman, Maurice Strong, who was its first chairman and also father of the UNFCCC – destruction of CFCs as of last year accounted for more than half the CDM credits issued, in a market which will eventually be worth an estimated $17 billion. Less than 1 per cent of the 1,390 CDM projects so far approved accounts for 36 per cent of their total value.

    Thus we pay billions of dollars to the Asian countries for the right to continue emitting CO2 and other greenhouse gases here in the West, including the £60 million contributed by British taxpayers to keep our civil servants warm. As a result we enrich a small number of people in China and India, including Maurice Strong, who now lives in exile in Beijing, having been caught out in 2005 for illicitly receiving $1 million from Saddam Hussein in the “Oil for Food” scandal. He played a key part in setting up China’s carbon exchange, to buy and sell the CDM credits administered by the UNFCCC – of which Strong himself was the chief architect.

    The net result of all this trading and jiggery-pokery is that, after billions of pounds and dollars have changed hands, with a hefty commission for those bankers and other carbon traders along the way, there is no reduction in greenhouse gas emissions whatever. But at least our political class can continue to work in warm offices and fly righteously round the world on our behalf – while the rest of us foot the bill.

  18. For Gods sake don't make it public that middle class baby boomers still have some money left and have not Equity Withdrawn to the point of destruction.

    If Brown finds out that some people have retained pensions, housing, and manage to go shopping without waiting for that sweet sound of the social security cheque arriving on the doormat prompting the occupant to get out of bed at 12pm to see what the noise is, he is going to bring in sweeping legislation to clear this problem up.

    In Browns world, you will leave it with exactly what you arrived with.......................Sweet F****K A** and thats how he likes it.

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