FORUMS > The Sin Bin > No More Arguments: Austerity is Working! |
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| Quote: BobbyD "Trying to swerve what point? I've only heard soundbites as to what to Gove said. Hence the question mark.'"
rlSky News report on it on Gove saying that the number of Etonions in government was "ridiculous".rl
Quote: BobbyD "My masters? Who are they?'"
The Eton lot who would probably rather like there hoi polloi to tug their forelocks as in days of yore, and who are running this country not for the benefit of the mass of the population but for the few, plus corporate interests. Those who think that the hardworking "they" can be simply characterised as liking bingo and beer, and bought off with a penny cut to the latter and perhaps a little more to the former, rather than anything that might actually improve, say, their incomes.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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143_1357419061.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_143.jpg |
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| Quote: Mintball "Doesn't change the FACT that unless the interest rates change, they're absolutely no better than a good, old-fashioned deposit account (and at least you knew where you stood with those).
And there are not a huge amount of people on here who would not criticise Labour for all the same things, so get over yourself and your blatant tribalism.'"
Cash ISAs are a waste of time. Stocka and shares ISAs are potentially more appealling.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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143_1357419061.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_143.jpg |
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| Quote: Mintball "The ISAs issue is hilarious. As you rightly point out, interest rates are such that's it's absolutely no better than simply keeping the money in your current account.
I had two
If you have borrowings (a mortgage) then, IMO, you should use your spare money to pay that down provided there aren't penalties for overpaying.
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Rank | Posts | Team |
International Board Member | 47951 | No Team Selected |
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May 2002 | 22 years | |
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Aug 2017 | Jul 2017 | LINK |
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| Quote: Dally "If you have borrowings (a mortgage) then, IMO, you should use your spare money to pay that down provided there aren't penalties for overpaying.'"
We're in the fortunate position of only having a very small mortgage (housing association, shared ownership) so, although we were advised to take out an interest-only mortgage, we won't have any problem paying it off, and intend to before it reaches the 25-year mark.
But as a result of having had low incomes for so long, the flat needed work doing and at least that ISA I emptied meant a completely new bathroom, as the old one was falling apart.
It was tremendously useful when we moved in to have somewhere, for instance, with carpets, but after 20 years, nylon carpets were not in good nick and needed replacing. The kitchen is now on its last legs and the patio door is a mess (two attempted burglaries have not helped with that), so the other ISA will at least cover the cost of that work.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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143_1357419061.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_143.jpg |
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| Quote: Mintball "We're in the fortunate position of only having a very small mortgage (housing association, shared ownership) so, although we were advised to take out an interest-only mortgage, we won't have any problem paying it off, and intend to before it reaches the 25-year mark.
But as a result of having had low incomes for so long, the flat needed work doing and at least that ISA I emptied meant a completely new bathroom, as the old one was falling apart.
It was tremendously useful when we moved in to have somewhere, for instance, with carpets, but after 20 years, nylon carpets were not in good nick and needed replacing. The kitchen is now on its last legs and the patio door is a mess (two attempted burglaries have not helped with that), so the other ISA will at least cover the cost of that work.'"
Interest-only mortgagaes are a pain. I had one - in retrospect I have no idea why I did it. I got roped into a £200 a month ISA contribution which was intended to provide a sum to repay the capital. However, its costs and poor stockmarket performance meant it was never going to get anywhere near the required amount. Then a few years back it dawned on me that I had this six figure liability handing over me and not a penny had been paid off. So, I got down to paying it off - which I was lucky enough to be able to do very quickly due to circumstances at that point in time. Glad I did! If I had my time again I'd have gone with a erepayment mortgage.
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Player Coach | 1978 | No Team Selected |
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Feb 2006 | 19 years | |
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Dec 2023 | Dec 2019 | LINK |
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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Quote: BobbyD "
What energy price rises have I experienced? Just how much have my bills gone up since 2010? I'm intrigued how you know this info.
Aaah VAT, that old chestnut, yes, it's appalling that everything that once cost £99.99 now costs £102.'"
I've been saving a bit each month on motoring costs thanks to this.
www.bbc.co.uk/news/business-26669614
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Quote: BobbyD "
What energy price rises have I experienced? Just how much have my bills gone up since 2010? I'm intrigued how you know this info.
Aaah VAT, that old chestnut, yes, it's appalling that everything that once cost £99.99 now costs £102.'"
I've been saving a bit each month on motoring costs thanks to this.
www.bbc.co.uk/news/business-26669614
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International Star | 3605 | No Team Selected |
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Jul 2012 | 12 years | |
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May 2016 | May 2016 | LINK |
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67953_1341943970.jpg Someday everything is gonna be different, when I paint my masterpiece
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| I've had to throw away £20 worth of unleaded this week.
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International Star | 210 | No Team Selected |
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Dec 2013 | 11 years | |
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| Quote: Mintball "rlSky News report on it on Gove saying that the number of Etonions in government was "ridiculous".rl'" But it isn't ridiculous, it's exactly what was going to happen, people in power surround themselves with people similar to themselves, people they know, people they trust. How many MP's have members of their family on the payroll? Are their many Etonians/"toffs" invited round to Len McCluskeys shindigs? People don't elect a cabinet, they elect MP's and if the electorate want to vote for an Etonian in a particular constituency then they've every right to do that, and long may it continue. If the PM then decides to give these people, who he knows and trusts positions then he can and will. The easy way to stop this happening is don't vote for them in the first place.
Quote: Mintball "The Eton lot who would probably rather like there hoi polloi to tug their forelocks as in days of yore, and who are running this country not for the benefit of the mass of the population but for the few, plus corporate interests. Those who think that the hardworking "they" can be simply characterised as liking bingo and beer, and bought off with a penny cut to the latter and perhaps a little more to the former, rather than anything that might actually improve, say, their incomes.'"
People are bought off all the time, by all parties. Budget headlines were always about the price of fags and booze.
My income has improved since 2010, and I'm certainly not one of the few. Maybe I'm the only one of the proles to benefit.
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Rank | Posts | Team |
International Board Member | 47951 | No Team Selected |
Joined | Service | Reputation |
May 2002 | 22 years | |
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Aug 2017 | Jul 2017 | LINK |
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| As figures published this week by the Office of National Statistics show, average weekly earnings rose by 1.4 per cent from November 2013 to January 2014 – 0.5 per cent below the current rate of inflation.
rlONS stats.rl
And wages have nowhere near recovered to 2009 levels.
rlrl
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Rank | Posts | Team |
Player Coach | 362 | No Team Selected |
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Aug 2008 | 16 years | |
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40606.jpg :40606.jpg |
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| A weekend poll shows a post-budget bounce for the Tories who are now neck and neck with Labour. George Osborne has seen his personal ratings improve (up 14%), as Ed Balls-Up's ratings decline, to such an extent that now he is regarded as the best Chancellor by more people than Balls and Cable combined!
The positive reaction to the budget from the public and the lacklustre response from the Labour leader to the Chancellor's budget speech on Wednesday where all he could come up with was his repetition of lines from his previous budget responses have caused alarm among senior Labour figures.
Many of the measures in Chancellor Osborne's budget, including allowing people to cash in their pension savings rather than buy a poorly performing annuity, have been widely welcomed. Even the poe faced Rachel Peeves acknowleged that Labour would support the chancellor's overhaul of the pension system.
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Rank | Posts | Team |
Club Owner | 17898 | |
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Oct 2003 | 21 years | |
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7384_1394882426.png [url=http://www.bbc.co.uk/sport/0/rugby-league/14252202:io879g1y]2005 Challenge Cup[/url:io879g1y]
To reconcile respect with practicality, what is the optimum speed for a hearse?:d7dc4b20b2c2dd7b76ac6eac29d5604e_7384.png |
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| Quote: Lord Elpers "A weekend poll shows a post-budget bounce for the Tories who are now neck and neck with Labour. George Osborne has seen his personal ratings improve (up 14%), as Ed Balls-Up's ratings decline, to such an extent that now he is regarded as the best Chancellor by more people than Balls and Cable combined! '"
Not difficult as neither Balls nor Cable have been Chancellor.
Quote: Lord Elpers "The positive reaction to the budget from the public and the lacklustre response from the Labour leader to the Chancellor's budget speech on Wednesday where all he could come up with was his repetition of lines from his previous budget responses have caused alarm among senior Labour figures. '"
Straight outta the Daily Mail? Or do you just speak like a tabloid journalist anyway?
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Player Coach | 362 | No Team Selected |
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Aug 2008 | 16 years | |
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40606.jpg :40606.jpg |
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| Quote: Chris28 "Not difficult as neither Balls nor Cable have been Chancellor. '"
And neither are likley to be either according to the results of the YouGov poll at the weekend!
Quote: Chris28 "Straight outta the Daily Mail? Or do you just speak like a tabloid journalist anyway?'"
Wrong as usual. I commented earlier in the thread "Ded Ed avoided mention of the budget in his "budget response" having to fall back on old outdated arguments"
Any way you should know by now I read the Sunday Times.
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40606.jpg :40606.jpg |
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| Now the IMF are predicting the UK economy will be the fastest growing of the G7 developed nations this year. They have revised their January estimate of 2.4% upwards to 2.9% - ahead of the US. Good news.
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Rank | Posts | Team |
Club Owner | 17898 | |
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7384_1394882426.png [url=http://www.bbc.co.uk/sport/0/rugby-league/14252202:io879g1y]2005 Challenge Cup[/url:io879g1y]
To reconcile respect with practicality, what is the optimum speed for a hearse?:d7dc4b20b2c2dd7b76ac6eac29d5604e_7384.png |
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| Gideon's cheerleader arrives on time as usual.
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Player Coach | 2359 | |
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19170_1432331165.jpg A dog is the only thing on earth that loves you more than he loves himself.
When you rescue a dog, you gain a heart for life.
Handle every situation like a dog. If you can't Eat it or Chew it. Pee on it and Walk Away.
"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. " Anuerin Bevan:d7dc4b20b2c2dd7b76ac6eac29d5604e_19170.jpg |
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| Quote: Chris28 "Gideon's cheerleader arrives on time as usual.'"
Hopefully nobody will feed the troll
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