Little Darling

[muddyjames]

So what did he do to make us poorer again this year. I only heard that fuel is to go up by 2p in september. Oh yey. We havent had a fuel tax increase for a few weeks now. I cant wait. :dance: :twisted:

[generation-x]

believe its the usuall

beer and fags


and no doubt car tax aswell?

[muddyjames]

anything to make a single person working "hard" any better off? I doubt it.

[Gordo]

anything to make a single person working "hard" any better off? I doubt it.

Of course not! What has the government ever done for us?  :x

[crazymac]

All he's done is hit the 90% of mudclubbers that earn over £150,000 a year with a 50% tax rate :roll:

The other 10% of us that earn less than that only have to pay more for booze, fags and fuel :roll:

[Gordo]

All he's done is hit the 90% of mudclubbers that earn over £150,000 a year

I need to see my boss about a pay-rise...  :-k

[muddyjames]

All he's done is hit the 90% of mudclubbers that earn over £150,000 a year

I need to see my boss about a pay-rise...  :-k

same here. And I am so glad I dont drink or smoke. I do have to say a huge thak you to students who get wasted every weekend! :lol:

[V8MoneyPit]

So what did he do to make us poorer again this year. I only heard that fuel is to go up by 2p in september. Oh yey. We havent had a fuel tax increase for a few weeks now. I cant wait. :dance: :twisted:

And again every year for the next 4 years  :roll:

[carracarra13]

Id rether not comment we get less and less to live on and the cost of living gos higher 2.5 % they took off vat well move it to fuel no one will notice  :roll:

[Saffy]

In my unit I am informed we are £5.00 better off per annum.

[hobbit]

In my unit I am informed we are £5.00 better off per annum.

Sounds like it dot change there then

When we used to get a raise, they then put up the quarters rent or the single man got hit on accomodation & food, so it was a case of in one hand and out of the other


Only time you were better off was on exercise or deployment

[muddyjames]

I have heard the uk is in 1.4 TRILLION pounds of debt. Hmm. I wonder who will be getting us out of that little debt then. Now let me think.  :-k Will it be the countries we have given loads of aid money too to say thank you?  :-k no  [-X will it be the usa helping us out as we have done in the war?  :-k no  [-X Oh yes. silly me  :doh: it's us lot.

This country truely is cheesing me off and the sooner these ****** get booted out the better. They got us in this mess and are only going to make it worse.  :twisted:

[Saffy]

In my unit I am informed we are £5.00 better off per annum.

Sounds like it dot change there then

When we used to get a raise, they then put up the quarters rent or the single man got hit on accomodation & food, so it was a case of in one hand and out of the other


Only time you were better off was on exercise or deployment

I'd better say I meant "in my family unit, informed by my mrs" rather than military as I am not a member of the armed forces and wouldn't want to discredit those that are.

[Gordo]

I have heard the uk is in 1.4 TRILLION pounds of debt. Hmm. I wonder who will be getting us out of that little debt then. Now let me think.  :-k Will it be the countries we have given loads of aid money too to say thank you?  :-k no  [-X will it be the usa helping us out as we have done in the war?  :-k no  [-X Oh yes. silly me  :doh: it's us lot.

This country truely is cheesing me off and the sooner these ****** get booted out the better. They got us in this mess and are only going to make it worse.  :twisted:

Actually, the debt is 1.4 billion (British). The over-inflation of numbers is an American thing - that's why things seem bigger over there: smaller unit of measure  :roll:

The causes of the current situation are many and varied, and not really due to our goverment's actions. For the main source, look further west - across the pond.

[muddyjames]

which ever pond I look accross it no doubt will end up with me looking in my wallet and seeing nothing! ;)

[crazymac]

The causes of the current situation are many and varied, and not really due to our goverment's actions. For the main source, look further west - across the pond.

While I agree the catalyst may have been over the pond, there is much to blame our government for!

It is through their allowing the banks free reign to offer the products they did, and to encourage us into more debt, and the house prices to spiral out of control and of course allowing the bonus system in the financial institutions!!

That have all meant that we are in deeper and will be in longer than a lot of countries

[Gordo]

While I agree the catalyst may have been over the pond, there is much to blame our government for!

It is through their allowing the banks free reign to offer the products they did, and to encourage us into more debt, and the house prices to spiral out of control and of course allowing the bonus system in the financial institutions!!

That have all meant that we are in deeper and will be in longer than a lot of countries

What products would those be?

As someone who is very much at the sharp end in the financial industry I can see both sides of the argument - not just the easy banker-basing line taken by the media. I've posted on here before about the background to the current situation and the parties involved.

[crazymac]

I'm not going to pretend to be anywhere near an expert on this, I base my comments on mainly what I read and hear, so yes, some of it may well be biased aginst the bankers?

I just don't see why the lending institutions should have been allowed to offer 120% mortgages? Credit card companies (the majority of which are bank owned) have been increasing  credit limits year on year, people have been encouraged to get into more and more debt through these actions, all these things have contributed.

Now, don't get me wrong, people have to take some responsibility for their actions, I have a £100,000 mortgage which I have had now for about 8 years but my house has increased in value to over £300,000 at the peak, but about £250,000 to £260,000 now. I could have remortgaged for an obscene amount of money, I could have used my credit cards to their limits (2 cards as a family with a limit of £15,000 on each one) but I didn't. I kept my mortgage as it was, and I cleared some balances I did have so now we don't have any credit card balance. So I am OK in the grand scheme of things.

Other people didn't, business's allowed to self cert on there morgages, I know of one guy who's wife wanted a new house so he told the mortgage company that he could afford a £500,000 mortgage, the house has been repossessed and sold for less than half that and he has had to fold his business. Thats his own stupid fault! but he should NEVER have been allowed to do it.

The Government have no ability to do what they are being asked to do. To get a job, I have to be experienced and qualified to do that job, instead what we have is a bunch of overpaid, underqualified managers who are playing at running a large business while fiddleing their expenses on what is already a highly paid job! £85,000 a year is a tidy salary and lets face it, if the majority of politicians had to have an interview for a real job they wouldn't get the job!!

[Gordo]

Other people didn't, business's allowed to self cert on there morgages, I know of one guy who's wife wanted a new house so he told the mortgage company that he could afford a £500,000 mortgage, the house has been repossessed and sold for less than half that and he has had to fold his business. Thats his own stupid fault! but he should NEVER have been allowed to do it.

Why not? He's an adult, and he knew the risks. The reason he had to get a self-cert. mortgage is because he wouldn't have been able to get a normal one!  :doh:

You can put in safeguards, but when people circumvent them there isn't a lot you can do.

The real problem is that we've developed a culture where people won't take responsibility for their own actions - it's always someone else's fault.

[V8MoneyPit]

The real problem is that we've developed a culture where people won't take responsibility for their own actions - it's always someone else's fault.

Indeed, but that is one thing where we can lay the origins firmly across the pond, don't you think?

I'm 100% with you on your comments though. Frankly, it doesn't matter who is in power, there have been factors that would have forced us into recession anyway. It's the way it has been handled that might be questionable.

[kizz81]

I do have to say a huge thak you to students who get wasted every weekend!

i beleive you owe me a big thanks in advance for tonight then  :lol:

[muddyjames]

I do have to say a huge thak you to students who get wasted every weekend!

i beleive you owe me a big thanks in advance for tonight then  :lol:

What ya hanging about on here? Go on, off ya go :lol:  ;)

[kizz81]

oh dear i think i paid for a new hospital  :| :( the hang over was grim  :'(

[topless matt]

Just something new i found out the other day........... the VAT rate is due to go back up to 17.5% at the stroke of midnight on new years eve!

[Gordo]

Just something new i found out the other day........... the VAT rate is due to go back up to 17.5% at the stroke of midnight on new years eve!

Not necessarily. The 15% rate ends then, but there's nothing stopping it going to a different rate. In Ireland it's 21%