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Post by SeanBroseley on Nov 19, 2010 14:18:52 GMT 1
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Post by nicko on Nov 19, 2010 15:27:41 GMT 1
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Post by Shrewed on Nov 19, 2010 17:19:54 GMT 1
There are a lot of people who as a result of Labour's policies over interest rates and supporting jobs who had never had it so good up till June 2010.
Maybe telling the truth getsyou fired these days.
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Post by terry fanolua on Nov 19, 2010 17:22:36 GMT 1
Exalted young Mr Brosely
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Post by Deleted on Nov 19, 2010 17:23:25 GMT 1
remember the :)ker when he was in thatchers government, was an arrogant then. anyway, i thought this was going to be about the south stand conservatives?
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Post by WindsorShrew on Nov 19, 2010 18:15:24 GMT 1
Errrr The South Stand Conservatives would like to deflect attention from the embarrassment by saying tomorrows game is in doubt because of fog....
Phew that should work....
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Post by albionshrew on Nov 19, 2010 18:36:14 GMT 1
An insult to Dad's Army... These Tories - they don't like it up 'em!
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Post by venceremos on Nov 19, 2010 18:42:45 GMT 1
An insult to Dad's Army... These Tories - they don't like it up 'em! It's an open goal but we're surely all too enlightened for any old Etonian/fagging responses to this.
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Post by jamo on Nov 19, 2010 20:01:34 GMT 1
The first crack...
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Post by Jonah on Nov 19, 2010 21:39:18 GMT 1
But........... If you have the right mortgage then you are better off Interesting to see if any of you lefties will own up to the fact that due to interest being at an all time low you ARE better off.
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Post by albionshrew on Nov 19, 2010 21:52:57 GMT 1
I'm a lefty who lost money with my endowment mortgage - the interest rates being low did not benefit me that much.
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Post by Shrewed on Nov 19, 2010 21:56:50 GMT 1
But........... If you have the right mortgage then you are better off Interesting to see if any of you lefties will own up to the fact that due to interest being at an all time low you ARE better off. Jonah anyone who has had a mortgage over the last 13 years are far better off than they were over the previous 13 years. But it is changing now see Boys George and David over. Do you remember 15%+ mortgage rates in the 90's.
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Post by Jonah on Nov 19, 2010 22:01:28 GMT 1
I'm a lefty who lost money with my endowment mortgage - the interest rates being low did not benefit me that much. No they didn't benefit me either with the savings I have
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Post by Jonah on Nov 19, 2010 22:19:07 GMT 1
Ed you really do know how to pick what suits your argument don't you Have you forgotten who was in charge and was ignorant enough to ignore the circumstances that got us in this mess? And yes GB knew what the banks were doing. The same party that sold our gold reserves the same party that 'invented 800,000 public sector jobs the party that us into an illegal war the party of multiculterism ,the party that ignored the perils of uncontrolled immigration the party that introduced numerous stealth taxes etc etc etc And you have the audacity to question a government that attempts to correct the wrongs of a party who's 'new' idea totally failed.
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Post by jamo on Nov 19, 2010 22:45:37 GMT 1
Do you remember 15%+ mortgage rates in the 90's. No. Nor can you. Just more propoganda.
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Post by WindsorShrew on Nov 19, 2010 23:03:43 GMT 1
remember the :)ker when he was in thatchers then. To be fair Pab you were a wan@er during Maggies time and still are......
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Post by Jonah on Nov 19, 2010 23:15:52 GMT 1
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Post by siabod on Nov 19, 2010 23:31:15 GMT 1
Please stop quoting facts, you will spoil the thread.
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Post by Jonah on Nov 19, 2010 23:34:44 GMT 1
Please stop quoting facts, you will spoil the thread. Just trying to get Ed to post some correct stats for once Sorry
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Post by nicko on Nov 20, 2010 9:53:08 GMT 1
I guess we have to take in to account that he was talking to the Telegraph. "Lord Young, a former trade and industry secretary during Margaret Thatcher's government, added that "most people" with a mortgage found their monthly repayments had decreased by up to £600 each time." Only if you've got a big mortgage in the first place. Later in the piece he said: "Now, I don't remember in 07 being short of money or the government being short of money." Of course you weren't short of money you're worth £30 million. business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_2009/article6173045.eceI fail to see how anybody can defend him.
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Post by MartinB on Nov 20, 2010 10:25:09 GMT 1
Ed you really do know how to pick what suits your argument don't you Have you forgotten who was in charge and was ignorant enough to ignore the circumstances that got us in this mess? And yes GB knew what the banks were doing. The same party that sold our gold reserves the same party that 'invented 800,000 public sector jobs the party that us into an illegal war the party of multiculterism ,the party that ignored the perils of uncontrolled immigration the party that introduced numerous stealth taxes etc etc etc And you have the audacity to question a government that attempts to correct the wrongs of a party who's 'new' idea totally failed. You have missed the best one. They should make up their minds whether they are responsible for the actions of Bankers or not. According to the Labour Party (and a number of people on here) the troubles of the Country are 100% down to nasty horrible Bankers and nothing to do with the Labour Party. So please don't go taking the credit for low interest rates which are set by Bankers. You can't have it both ways. By the way Lord Young what a knob.
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Post by Deleted on Nov 20, 2010 10:28:57 GMT 1
But........... If you have the right mortgage then you are better off Interesting to see if any of you lefties will own up to the fact that due to interest being at an all time low you ARE better off. This confuses me a little. Are you saying that Labours economic policy over the last 13 years has made us all better off? Be an interesting admission if you are. I think to be fair Jonah, your being a little daft arnt you? for a start, not everyone in the country has a mortgage, so havent benefited like we have a little from a steep drop in interest rates. What that drop in interest means to me is that we can keep our heads above water with me only working a couple of extra shifts a month rather than at least one, sometimes 2 extras a week. how much of that benefit is being swallowed up by increasing food and fuel prices? how much is my gas and electric going to go up by in the next month? how is the 2 and a half % increase in VAT in january going to affect me and millions of others in the country? only a multi millionaire could come out with something so bloody stupid, and only an idiot would believe him.
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Post by MartinB on Nov 20, 2010 11:16:41 GMT 1
But........... If you have the right mortgage then you are better off Interesting to see if any of you lefties will own up to the fact that due to interest being at an all time low you ARE better off. This confuses me a little. Are you saying that Labours economic policy over the last 13 years has made us all better off? Be an interesting admission if you are. I think to be fair Jonah, your being a little daft arnt you? for a start, not everyone in the country has a mortgage, so havent benefited like we have a little from a steep drop in interest rates. What that drop in interest means to me is that we can keep our heads above water with me only working a couple of extra shifts a month rather than at least one, sometimes 2 extras a week. how much of that benefit is being swallowed up by increasing food and fuel prices? how much is my gas and electric going to go up by in the next month? how is the 2 and a half % increase in VAT in january going to affect me and millions of others in the country? only a multi millionaire could come out with something so bloody stupid, and only an idiot would believe him. Depends on how you define better off and I don't mean one of Sean's degree level explanations. For the man on the street it is usually defined by what they are able to do. You could say I am better off because my wife and daughter like going to West End shows and we have been able to afford to go to eight shows in the last year. Mind you the reason we have been able to afford to go is because tickets aren't selling so we are picking up good seats for £12 each. Equally you could say I am worse off because I can't afford to travel to watch the Town plan because of the high cost of petrol, a high portion of which is tax because it is an easy target to raise revenue. On the plus side working for a Government department there have been more opportunties for promotion so I earn more , having said that I have only had one pay rise in 5 years because of Government policy. if it hadn't been for the promotion that one rise in 5 years would have been 1%. It is not as simple as Labour great/Tory terrible or Labour terrible/Tory great, which is why I am pleased we have ended up with something different this time. Both the major parties have done good things in their time in power and both have done some awful things. We have gone through a spell of spend, spend, spend and that has ended up with us the highest national debt ever. Not all the cuts we are facing are bad. Some of them will leave more freedom from the red tape of the last thirteen years. Not saying all the cuts will be good
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Post by barrynic on Nov 20, 2010 11:36:01 GMT 1
Right Wingers 4 Ed and Matron 1
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Post by Deleted on Nov 20, 2010 11:52:52 GMT 1
I think it was Alan Sugar who has come out and said what he meant was correct however he worded it very badly.
To suggest people have never been so well off during a recession is obviously ridicuous. However he did mean specificially to mortgages because of the low interest rates. Another argument is that savers are not earning as much money due to the low interest rates.
Id suggest the worst thing he said was when he referred to the"so called" recession. His party are trying to put through a hell of a lot of cuts because of this recession and to make comments doubting it isnt going to help matters
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Post by Jonah on Nov 20, 2010 12:30:42 GMT 1
But........... If you have the right mortgage then you are better off Interesting to see if any of you lefties will own up to the fact that due to interest being at an all time low you ARE better off. This confuses me a little. Are you saying that Labours economic policy over the last 13 years has made us all better off? Be an interesting admission if you are. I think to be fair Jonah, your being a little daft arnt you? for a start, not everyone in the country has a mortgage, so havent benefited like we have a little from a steep drop in interest rates. What that drop in interest means to me is that we can keep our heads above water with me only working a couple of extra shifts a month rather than at least one, sometimes 2 extras a week. how much of that benefit is being swallowed up by increasing food and fuel prices? how much is my gas and electric going to go up by in the next month? how is the 2 and a half % increase in VAT in january going to affect me and millions of others in the country? only a multi millionaire could come out with something so bloody stupid, and only an idiot would believe him. I dont have to try to little daft Matron although the last nights beer helped Read into it what you like but those with the correct tracker or whatever mortgage are better off. Proud Salopians post hits the nail on the head. Now back to the pub.........................
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Post by creature on Nov 20, 2010 12:41:31 GMT 1
One of the better political decisions of my life time was putting the setting of interest rates into the hands of the Bank Of England. As for the current economic situation, I don't think it would be any different whoever was in charge since then. It's a global situation which happened under Labour's watch, but it would still have happened under the Tories.
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Post by MartinB on Nov 20, 2010 13:25:04 GMT 1
One of the better political decisions of my life time was putting the setting of interest rates into the hands of the Bank Of England. As for the current economic situation, I don't think it would be any different whoever was in charge since then. It's a global situation which happened under Labour's watch, but it would still have happened under the Tories. Agree with change to interest decision making policy. Also think you are right about there being problems whoever was in charge because despite what Gordon and Tony would tell you, economics does go in cycles. The point which our Labour friends won't acknowledge is if you are in power for 13 years you are responsible for the state you leave the Country in as you have been in charge. I still stick to my view that the last election was the one to lose, only time will tell with that though.
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Post by creature on Nov 20, 2010 13:57:46 GMT 1
A good election to lose, I agree. As a public sector worker I felt the state was in good hands under Labour, however they were too light touch with the economy, and Blair's messiah complex taking him into Afghanistan and Iraq just cannot be defended. Now of course, it's costing us pointless millions which could be better used elsewhere. On the economy and the pointless wars, there's little to seperate the main three parties (the new Orange Book Lib Dems would have gone to Iraq and Afghanistan too).
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Post by shrewsace on Nov 20, 2010 17:44:06 GMT 1
Ed you really do know how to pick what suits your argument don't you Have you forgotten who was in charge and was ignorant enough to ignore the circumstances that got us in this mess? And yes GB knew what the banks were doing. The same party that sold our gold reserves the same party that 'invented 800,000 public sector jobs the party that us into an illegal war the party of multiculterism ,the party that ignored the perils of uncontrolled immigration the party that introduced numerous stealth taxes etc etc etc And you have the audacity to question a government that attempts to correct the wrongs of a party who's 'new' idea totally failed. You have missed the best one. They should make up their minds whether they are responsible for the actions of Bankers or not. According to the Labour Party (and a number of people on here) the troubles of the Country are 100% down to nasty horrible Bankers and nothing to do with the Labour Party. So please don't go taking the credit for low interest rates which are set by Bankers. You can't have it both ways. By the way Lord Young what a ****. Scoffing at the idea that bankers were in some way to blame for the ,er, banking crisis? Presumably we should all be blaming public sector workers as per the official Con Dem narrative. As I understand it the banking crisis had its roots in the sub-prime mortgage crash in the United States and the way banks traded packages of debt between themselves. I agree Labour can't wash their hands of their failure to regulate the banks but how would we have been better positioned to deal with the banking crisis had the Tories been in power? I find it difficult to believe a party whose leader proclaimed the world economy was 'more stable than in a generation' as recently as 2007 would have served us any better than Labour. By the way, surely you jest about us ending up with 'something different this time'? We've got an out and out small-state, Tory government. It's surely only a matter of time before Clegg becomes a Tory in name as well as deed, because his party is finished in the long term.
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