Boarder

> Why Should Anyone Work For Minimum Wage? Because their labour isn't productive enough to pay any more.

The "minimum wage" is in reality a "compulsory unemployment productivity". We need to get rid of taxes on income (fines for employing people) so competition for employees raises wages.

I hear the mafia are better value for money too. Just think of the government as a mafia group who've eliminated their rivals. the way the country is run then makes much more sense.

Wow you must live somewhere where the armed forces and the police don't apply. Is there a unicorn in your back-garden too? People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf. George Orwell

The current "system" is a immoral ponzi scheme. The UK should pay the lowest pension. People might actually save some money they actually earnt for once rather than extort it from other people.

Fire is a peaceful force says Govt spokesman.

BBC now showing a spike

Could it be the net result of more vigilant border guarding, and kicking out illegal immigrants? i.e. no new jobs created but, they are going to citizens rather than law breakers.

I think you are putting the cart before the horse!

It's now Grinchmas. The Grinch steals xmas!

they are using the Firefox Browser.

Nor should it! Productivity is up to you. If the government where a lender rather than a borrower, we would see less inflation.

Money is the use of other people's time. Debt is your future time. Savings are the use of other people in the future. Nothing magic.

You'll notice that those countries do not have capitalism.

If the answer is socialism (or other forms of coerced collectivism with different names). Then the question can only be "How many people can we murder?" Socialism killed at least 100 Million last century. Lets not repeat stupidity.

> I studied environmental science at post graduate level, the problem of climate change is certainly man. Cobblers. Basically, this is admitting through gritted teeth that the models are worth zilch (as it's a scientific impossibility to measure the future of chaotic and recursive systems accurately). http://environment.newscientist.com/articl...redictions.html

1/ We can all start moaning about the bubble in housing affordability (houseaffordabilitybubble.co.uk). 2/ We can keep in touch about the places we've emigrated to (emigreat.co.notukanymore). 3/ We make so much money shorting the crash, that we all get servants (servantwagecrash.co.uk) 4/ Romano Prodi bans free-speech (tractorproduction.co.uk-region1.eu)

I beleive in both Inflation and Deflation will happen simultaneously. Inflation of prices of things bought out of earnings (food, fuel etc.) Deflation of assets normally bought with debt (houses, car etc.) I don't beleive that wages will (or can) rise to compensate. Best thing you can do is don't be debt when the SHTF.

"Key Workers" is a term that means people who are likely to vote Labour, and thus the Labour government bribe them with real workers money.

Because of the extra risk, I'd move my money from any bank that gets a 23A

http://findarticles.com/p/articles/mi_m412...v83/ai_19480093 "THE FIREWALLS IN CONTEXT INDEPENDENT PROTECTIONS FOR BANKS AND CONSUMERS Before I begin this discussion, I think it is important to place the firewalls in their historical and regulatory context. Although the firewalls have served an important role, the; are not the only protection against the hazards of affiliation of commercial and investment banks. One important protection is the placement of securities activities in a separate subsidiary of the bank holding company, rather than in the bank itself or a subsidiary of the bank. Because nonbank subsidiaries of a bank holding company operating under section 20 of the Glass-Steagall Act are affiliates of a bank, they are not under the bank's control, do not have their profits or losses consolidated with the bank's, and are less liable to have their creditors recover against the bank. A bank therefore has less incentive to risk its own reputation or expose itself or its customers to loss to assist a troubled section 20 affiliate or a failed underwriting by that affiliate. Also, because securities activities are conducted in an affiliate, banks are limited in their ability to fund those activities by sections 23A and 23B of the Federal Reserve Act. These restrictions are vitally important. Section 23A limits the total value of transactions with any one affiliate to 10 percent of the bank's capital and limits transactions with all affiliates to 20 percent of capital. It also requires that substantial collateral be pledged to the bank for any extension of credit. " The Glass-Steagall Act was created after the 1929 crash in order to prevent mass bank bankruptcy. Dumping 23A is taking an enormous risk.

http://www.tickerforum.org/cgi-ticker/akcs-www?post=11837 http://www.federalreserve.gov/boarddocs/le...11/20071011.pdf Dear Mr Kaplan, This si in response to the request by Barclays Bank PLC London United Kingdom, for a temporary exemption from section 23A of the Federal Reserve Act and the Boards Regulation W. These exemptions would allow Barclays' New York branch to enagage in certain securities financing transactions with its affiliate, Barclays Capital Inc., as described below.

Interest rates have been far too low, for far too long (the government abusing Chinese deflation). Whoever takes responsibility for interest rates, and producing the inflation stats is responsible. That's all.

5p

It is a conservative opinion i.e. based on economic reality, not socialist fantasy. Your employer will pay you what IT THINKS you are worth to the company. Why should the company employ people who will not make it money or make the company owners less money? It's just another extension of the oxymoronic compulsory charity underpining the "welfare" state. My comment is not flippant, I run a business, not a charity. Hard is not the same as impossible, somehow people have managed to come all the way from Poland, learn the language, fit in AND get a job. The barriers for them are much higher, but they've breached them because they do not have an entitlement complex, and are generally good employees. Personally I'm in favour of geonomics, which would get rid of minimum wages and taxes on Income etc. and give everyone an EQUAL citizens dividend based on property value taxation.