Tuesday, September 2, 2008

I’m not sure if this is real or satire

PM launches £1 billion housing package

"The Prime Minster has launched a major Government initiative aimed at making the housing market fairer for all. The £1 billion Homeowners Support Package includes a one-year holiday on stamp duty for all properties costing £175,000 or less, a move that will see around half of all house moves exempt from duty over the next twelve months. The Government will also extend its shared equity assistance to help more first-time buyers onto the property ladder." As we well know, The Tories tried a Stamp Duty holiday in 1991, which didn't work. They spent £2 billion in a single day on trying to prop up sterling, which didn't work. UK property values are falling at around £1 billion per day, who in their right mind thinks that this will 'work'?

Posted by mark wadsworth @ 09:55 PM (1310 views)
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13 thoughts on “I’m not sure if this is real or satire

  • The thing that is really making me incandescent over this whole bloody saga is that the Brown is spending our (the taxpayer) money to boost his own popularity. So, in addition to him being inept, we pay taxes so he can blow our money attempting to not look inept.
    The sooner he hauls he sorry useless backside out of politics the better.

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  • little professor says:

    This is satire:

    First Time Buyers ask “Can I have a car as well?”

    FIRST-time buyers across Britain are hoping the government can see its way clear to stumping up for a motor as well.
    They said that while buying them a house is really nice and everything, it will look a bit daft without a car sitting outside it.

    The Society of Motor Manufacturers has also urged the government to buy lots of cars, particularly 4x4s and large petrol estates. A spokesman said: “If you’re buying people stuff then yeah, a car would be good. It’ll totally reinvigorate the car market and all that. And there’ll be a knock-on effect ’cause everybody will go to Halfords for screenwash. Go oooon.”

    Meanwhile a spokesman for the House Builders Federation said: “So what you’re saying is, we can build as many of these shitty little houses as we want and the government will buy them? Cool!”

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  • Where’ya getting the money from Gordon, are you going to print it!

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  • Denzil it’s called domocracy they buy votes & popularity with our money. I think Plato studied many forms of government all were found wanting but he found the worst was democracy. You end up with a bunch of muppets who are voted in based on charisma and connections and have no skills what so ever that would help them run a country, end result disaster. Just look at the bunch we have at the moment not one of them has the skills to run a Welk stall most of them have no experience of life or it’s problems all have gone to university got a degree then gone straight in to politics, at least leaders like Churchill has seen something of life. To be fair to Brown he wasn’t actually voted in though.

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  • mark wadsworth says:

    Little Professor, £1 billion is enough to pay for 100,000 new cars (or 100,000 decent second hand cars), so why not?

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  • “The £1 billion Homeowners Support Package includes a one-year holiday on stamp duty for all properties costing £175,000 or less,

    !!!!!! a move that will see around half of all house moves exempt from duty !!!!!

    over the next twelve months.”

    This is blatant spin. These are highly educated and informed people and they know full well that stamp duty starts at £125k. Yes, half the market will be exempt from stamp duty as they report, but only those transactions between £125k and £175k are now to be exempt because of this measure. This is a very carefully chosen use of words and is cynical in the extreme.

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  • Brown is being a cheeky git, wasting yet more of my money on naive fools and scroungers! Whatever happened to financial prudence and Britain for the British?

    This idiocy will do nothing to help and could easily doom yet more first time home owners to negative equity and bankruptcy!

    New Labour (Marxist Party) out, begone collectivist Con-servatives and Lib demon-crates, begone anti-fascist Fascists and anti-racist Racists; we need honest people to cut the waste, and educate people, so that we can better weather this “perfect storm”!

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  • gardeniadotnet says:

    OOI:

    What post-Crash plans do you have?

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  • gardeniadotnet says:

    FWIW…

    I don’t see a return to the Gold Standard per se, a system based on bartering will become the norm.

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  • gardeniadotnet says:

    My part in The New Depression(TM) will be growing stuff. How about you?

    gardenidiot

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  • @9.. A computerized credit system, like paypal, is my feeling is what will happen. You will have a card that you can transfer credits to (from PC) make purchases in shops, supermarkets, etc.

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  • gardeniadotnet says:

    food…check.
    water…check
    tin foil hat… check.

    Anyone selling shotguns?

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