Post subject: Re: Put your money where your mouth is
Posted: Wed Jun 06, 2012 4:57 pm
Dally
International Chairman
Joined: Dec 22 2001 Posts: 14845
sally cinnamon wrote: I will be inclined to do my bit for our great nation and put some money aside in growth bonds, I assume Dally being a fellow patriot will do the same?
Haven't got any, so can't.
This will be an interesting proposition if it goes ahead. If it's successful, there may be an orderly run on banks and building societies which would further reduce lending and could send a few institutions under. Maybe its all a plan to give the public the chance to get their money out of these financial institutions so the banks can be left to go bust if the Eurozone buck ultimately stops with London banks (which I guess it might)? Anyone with money left in will then only have themselves to blame and so will not be worthy on being compensated by HMG?
Post subject: Re: Put your money where your mouth is
Posted: Wed Jun 06, 2012 5:23 pm
Anakin Skywalker
Player Coach
Joined: Aug 14 2005 Posts: 14302 Location: On the Death Star Awaiting Luke.
Dally wrote:Haven't got any, so can't.
This will be an interesting proposition if it goes ahead. If it's successful, there may be an orderly run on banks and building societies which would further reduce lending and could send a few institutions under. Maybe its all a plan to give the public the chance to get their money out of these financial institutions so the banks can be left to go bust if the Eurozone buck ultimately stops with London banks (which I guess it might)? Anyone with money left in will then only have themselves to blame and so will not be worthy on being compensated by HMG?
They already have 2k of my money 'NS&I' and they wont be getting anymore until they can prove that they won't blow it on something stupid and that it will be shared fairly right across the country.
I fear when they say 'there is the potential to tap into this money and get it invested in infrastructure' what they actually mean is 'there is the potential to tap into this money and get it invested in infrastructure in and around London'.
Post subject: Re: Put your money where your mouth is
Posted: Thu Jun 07, 2012 4:56 am
Standee
In The Arms of 13 Angels
Joined: Apr 03 2003 Posts: 37503
Wildmoose wrote:What's the problem with the Green Deal legislation?
Have you read it, do you fully understand the implications, never mind the fact that it's primary legislation which means future governments don't have to stick to it?
(maybe worthy of it's own thread, once (IF) it ever passes the secondary legislation stage)
Post subject: Re: Put your money where your mouth is
Posted: Thu Jun 07, 2012 7:25 am
cod'ead
International Chairman
Joined: May 25 2002 Posts: 37704 Location: Zummerzet, where the zoider apples grow
Standee wrote:Have you read it, do you fully understand the implications, never mind the fact that it's primary legislation which means future governments don't have to stick to it?
(maybe worthy of it's own thread, once (IF) it ever passes the secondary legislation stage)
Given the propensity of this bunch of misfits to u-turn (sorry, listen) on any proposal apart from raping the poor to furtrher subsidise the rich, then anything could happen.
The older I get, the better I was
Advice is what we seek when we already know the answer - but wish we didn't
I'd rather have a full bottle in front of me than a full-frontal lobotomy ------------------------------------------------------------------------------------------------------------ kirkstaller wrote: "All DNA shows is that we have a common creator."
cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"
------------------------------------------------------------------------------------------------------------ "No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan
Post subject: Re: Put your money where your mouth is
Posted: Thu Jun 07, 2012 7:27 am
cod'ead
International Chairman
Joined: May 25 2002 Posts: 37704 Location: Zummerzet, where the zoider apples grow
Dally wrote:They have. It's down c.25% since they came into power.
So they'll just about be on course to meet Labour's target of 50% deficit reduction in the first term, instead of their totally unrealistic target of deficit elimination?
The older I get, the better I was
Advice is what we seek when we already know the answer - but wish we didn't
I'd rather have a full bottle in front of me than a full-frontal lobotomy ------------------------------------------------------------------------------------------------------------ kirkstaller wrote: "All DNA shows is that we have a common creator."
cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"
------------------------------------------------------------------------------------------------------------ "No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan
Post subject: Re: Put your money where your mouth is
Posted: Thu Jun 07, 2012 8:09 am
Him
International Board Member
Joined: Jun 19 2002 Posts: 14970 Location: Campaigning for a deep attacking line
cod'ead wrote:So they'll just about be on course to meet Labour's target of 50% deficit reduction in the first term, instead of their totally unrealistic target of deficit elimination?
But to achieve that stupendous, magnificent, awe-inspiring feat of a 25% reduction they have increased Local government borrowing by 400%, cut investment by 40% (and projected to go into negative figures next year), and increased debt as a % of GDP by around 40%.
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