Cameron/Clegg any good ?

Pat494

Pat494

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What's your verdict on the Cameron/Clegg lot ?

Admitedly they were given a bum position by the lefties leaving the country reeling from £154 billion debts !!

I don't think he should take it out on the unemployed and pensioners.
Giving even less for housing benefit in the vain hope greedy landlords will accept less is just plain daft.
He rattles on about being fair well that's not fair. It wasn't their fault in the first place either.

Insulting Pakistan ? Either a major gaff or plain stupid. It probably wasn't a coincidence that umpteen convoys of fuel and supplies were suddenly destroyed in Pakistan.
 
Personally I don't think cutting housing benefit to a max of £19200 per annum is that much of a kick in the teeth.

Gonna have to move somewhere more affordable of go council. Can't afford it? Tough sh1t. I can't afford rent of 19200 per annum working full time so I don't see why my taxes should go towards paying in excess of that for someone who can't be ar5ed to get a job.

If they are disabled and need carers and access etc then thats different but the current system does nothing but fleece people on PAYE and give their money to landlords >> banks(interest)

I swear I can't wait fo r the day I go limited or even, god-willing, offshore one day. Even if the saving is marginal and requires loads of work I'll sleep better knowing my money isn't going on sh1t.
 
Admitedly they were given a bum position by the lefties leaving the country reeling from £154 billion debts
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The debt is much higher than that as this figure is the growth in debt and not the total owed which stands at 4.8 Trillion pounds.


Paul
 
scose-no-doubt said:
Personally I don't think cutting housing benefit to a max of £19200 per annum is that much of a kick in the teeth.

Gonna have to move somewhere more affordable of go council. Can't afford it? Tough sh1t. I can't afford rent of 19200 per annum working full time so I don't see why my taxes should go towards paying in excess of that for someone who can't be ar5ed to get a job.

If they are disabled and need carers and access etc then thats different but the current system does nothing but fleece people on PAYE and give their money to landlords >> banks(interest)

I swear I can't wait fo r the day I go limited or even, god-willing, offshore one day. Even if the saving is marginal and requires loads of work I'll sleep better knowing my money isn't going on sh1t.
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Absolutely agree with you. These bottom feeders and the morons who make the policies that effectively steal from the working class need to feel what it's like to get raped in the a55.

Personally I am preparing to leave the UK. Its like idiots leading idiots here. No balls to make decisions, no brains to see how bad they screwing things up. It is just a matter of time before the decay accelerates exponentially.
 
If you want less people to be unemployed and on benefits, then you need for it to make financial sense for them to work and financial sense for their employers. That means you need to lower taxes for the workers, lower company taxes, less income tax, less national insurance and drastically cut benefits for those who aren't working. You will see a dramatic improvement in short time. Anything else is stupid.

Pensioners is a separate issue, and they've been unfairly ripped off and will continue to be it seems.
 
Trader333 said:
The debt is much higher than that as this figure is the growth in debt and not the total owed which stands at 4.8 Trillion pounds.


Paul
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That's a mighty high figure
May one ask where is your source ?
 
Whatever the incompetence or thieving of politicians, Joe Average seems to be impotent beyond words.

What if they were sued through the courts ?
Perhaps stripped of their ill gotten gains ?

Trouble is the legal shysters would benefit yet again at everybody else's expense I guess
 
Well, at least they are being forced to start tackling something that's been festering for years. Around 40 years ago there was a dusty old file knocking around in Government about how it was going to be impossible to meet pension costs from about 2000 on. No-one had an answer and it just disappeared back in the cupboard to gather more dust.

At that time Government was still in the "Managing Britain's decline" mode but I guess the subsequent relatively strong growth in the working population and the economy (unexpected) masked the problem and allowed Governments to ignore it. The private sector was a little quicker in getting to grips with it, but not much, and the public sector has needed the crisis even to begin.

jon
 
barjon said:
Well, at least they are being forced to start tackling something that's been festering for years. Around 40 years ago there was a dusty old file knocking around in Government about how it was going to be impossible to meet pension costs from about 2000 on. No-one had an answer and it just disappeared back in the cupboard to gather more dust.

At that time Government was still in the "Managing Britain's decline" mode but I guess the subsequent relatively strong growth in the working population and the economy (unexpected) masked the problem and allowed Governments to ignore it. The private sector was a little quicker in getting to grips with it, but not much, and the public sector has needed the crisis even to begin.

jon
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The guys who wrote it are probably six feet under by now.
Interesting to interview any survivors tho
 
Trader333 said:
The debt is much higher than that as this figure is the growth in debt and not the total owed which stands at 4.8 Trillion pounds.


Paul
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I think this was the figure quoted by C4 documentary which includes all the public sector pensions, PFI and the rest of the hidden debt. Not sure if you can still download it [probably only in the UK], but if you can it is definately worth a watch.

The £154 Billion is the annual deficit, not the debt, they are two completely differnt things.
 
Pat494 said:
Whatever the incompetence or thieving of politicians, Joe Average seems to be impotent beyond words.

What if they were sued through the courts ?
Perhaps stripped of their ill gotten gains ?

Trouble is the legal shysters would benefit yet again at everybody else's expense I guess
Click to expand...

But didn't Joe Average borrow way beyond sensibility and sit back well-satisfied while the regulators & their ilk slept on the job? Mr Politician thought "it's not a problem for next week - so I'll let it ride" and the banks and smart-ass manipulators did their thing. I don't remember too many complaints from Joe Average while his property was "increasing" in value and credit was almost as if unlimited.

Regrettably there was no effective representation for those who saw through the Emperor's new clothes. And even if there had been, Joe Average would not have been interested - though he wants loads of sympathy now. The hard reality of economics bites in the end.
 
0007 said:
But didn't Joe Average borrow way beyond sensibility and sit back well-satisfied while the regulators & their ilk slept on the job? Mr Politician thought "it's not a problem for next week - so I'll let it ride" and the banks and smart-ass manipulators did their thing. I don't remember too many complaints from Joe Average while his property was "increasing" in value and credit was almost as if unlimited.

Regrettably there was no effective representation for those who saw through the Emperor's new clothes. And even if there had been, Joe Average would not have been interested - though he wants loads of sympathy now. The hard reality of economics bites in the end.
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For every irresponsible lender there is an irresponsible borrower?


dd
 
0007 said:
Probably not. Some people just aren't savvy enough to cope - they are the ones the politicians and regulators are supposed to protect.
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Not that I wish to leap to the defence of politicians, certainly not Gordon Brown and his chums, loathe the buggers, but politicians are always swayed by what they think will get them elected. That is the weakness of democracy, where politicians find it nigh on impossible to take long term strategic solutions because in the short to medium term it is likely to have a detremental effect on Mr Joe Average, who will then vote for the short term gain party at the next election.

3 wins on the bounce for New Labour, a credit bubble, a housing bubble, public spending going through the roof, borrowing up, deficit up, yet there are still enough economic illiterates out there to vote them back into power.
 
I very much doubt if Clegg and the Libs have the stamina to last the distance. After all the Libs were mainly made up of disgruntled others, no hopers etc. So that's another general election , prolly next year.

The Cons will be highly unpopular trying to stem Labour's losses. As you say Joe Public just swings back and forth open to any lies and deceits the opposition dish out. Testing Democracy's weak underbelly

Could the future bring in a Chinese Communist type of dictatorship ?
 
Pat494 said:
I very much doubt if Clegg and the Libs have the stamina to last the distance. After all the Libs were mainly made up of disgruntled others, no hopers etc. So that's another general election , prolly next year.

The Cons will be highly unpopular trying to stem Labour's losses. As you say Joe Public just swings back and forth open to any lies and deceits the opposition dish out. Testing Democracy's weak underbelly

Could the future bring in a Chinese Communist type of dictatorship ?
Click to expand...

The benign dictatorship, would work if you could find a benign dictator, problem is history shows that all dictators are anything but.

Election next year? Maybe, but if the Lib Dems cause a GE they will be slaughtered as they are more unpopular than the Tories, so they might just try to stick it out for another 2 years or so. Though what are the options, Ed Milliband as PM, god help us, short everything you have got.

Anyhow will have to log off soon, have a boat to catch, off to a rig in the Baltic, and boy is it baltic at this time of the year. Have left a message on the introduction thread with a little background on myself. Hope to get to know a good few of you over time and learn from all you seasoned traders.
 
The figure for local Council jobs to go is currently about 40%

The clots in Westminster probably won't notice the difference much. They won't be losing their jobs, homes etc. Why don't they agree to keep all the jobs and all public servants take a pay cut ?
Perhaps they haven't thought of it but more likely the greedy b*stards won't let the troubles affect themselves !! That's why there is so little affection or sympathy with politicians imho
 
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Boswell said:
Anyhow will have to log off soon, have a boat to catch, off to a rig in the Baltic, and boy is it baltic at this time of the year. Have left a message on the introduction thread with a little background on myself. Hope to get to know a good few of you over time and learn from all you seasoned traders.
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Don't forget your skates

:cheesy:
 
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