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He Talks Sense

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http://news.bbc.co.uk/1/hi/business/8211794.stm

STEPHEN talks sense

In recent weeks I've been hearing rumours that our state-owned mortgage lenders are holding tens or even hundreds of thousands of repossessed houses on their books. The government cannot face the humiliation of dumping them on the market but at some point this inventory will need to be disposed of. Just what price this will occur at, nobody can say for sure.

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yep he is probably right !

saw a great quote yesterday

cant find a link at the mo

but it was some economics prof who saw uk future with huge debt burden as

" we will be taxed like Scandanavia yet we will be lucky to see US level of services "

who is volunteering to switch the lights off ?

oh sorry forgot the lights will have already gone out

unpaid bill it seems

rock on!

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