Reply to: I don't know about you, but....

[Platypus]

I think he is achieving what he set out to do and the financial problems are only making his job easier.

Now that IS scary

[sunnysan]

Stupid

I do. Very much so.

They are leaving.
But those in the public sector are staying.
And those living on benefits are staying.
And those who want to live on our benefits are coming.

We're heading toward being a nation where everyone depends on public sector wages or benefits, and nobody is generating the money to pay them. That shows just how stupid Gordon Brown is. He really is.

Not really stupid, the man is a closet totalitarian, uber-communist control freak.

In the "guise" of helping, he is taking control of all aspects of society so he can manipulate the electorate with it.

I think he is achieving what he set out to do and the financial problems are only making his job easier.

[Cyberman]

I've no sympathy for people that vote mindlessly for a party that has been screwing our pensions since 1997, allowing unlimited immigration and spending billions with no regard to the burden on the taxpayer. Remember, the Tories would be worse !! If only I had a penny for every time I have heard that.

[Moscow Mule]

Am surprised he hasnt abolished the tax relief on landlords rent which is offset against mortgage interest. It seems like a huge neon flashing target for a smash'n'grab by El Gordo.

I think I suggested that about a year ago. But it seems the bastard scot doesn't read this forum. Do you? You bastard.

[Doggy Styles]

Is nobody else concerned about the longterm health of the wealth creating population of this country?

I do. Very much so.

They are leaving.
But those in the public sector are staying.
And those living on benefits are staying.
And those who want to live on our benefits are coming.

We're heading toward being a nation where everyone depends on public sector wages or benefits, and nobody is generating the money to pay them. That shows just how stupid Gordon Brown is. He really is.

[Solidec]

Did that. Problem is now, you have to put your money somewhere safe, and I don't reckon there's anywhere safe from Gordon doing a cash grab from those that have to give to the bankers.

Don't worry, he won't nick your Post Office savings or your Aygo sasguru.

Am surprised he hasnt abolished the tax relief on landlords rent which is offset against mortgage interest. It seems like a huge neon flashing target for a smash'n'grab by El Gordo.

[DimPrawn]

Identify the bubble, buy loads of BTL and sell at the right time.
HTH

Did that. Problem is now, you have to put your money somewhere safe, and I don't reckon there's anywhere safe from Gordon doing a cash grab from those that have to give to the bankers.

Don't worry, he won't nick your Post Office savings or your Aygo sasguru.

[EternalOptimist]

Identify the bubble, buy loads of BTL and sell at the right time.
HTH

The only BTL I could afford a few years ago had bacon and lettuce on them

[BrilloPad]

Identify the bubble, buy loads of BTL and sell at the right time.
HTH

Identifying the start of the property cycle is not too difficult. As there is a period of flat prices.

But how does one identify when to sell? I know someone who sold in 1998 thinking that was the top!

[Solidec]

Identify the bubble, buy loads of BTL and sell at the right time.
HTH

Valid strategy for the individual, not the entire flock! Same goes for spending I guess, which is why we almost rely on the feckless to keep the economy turning over.

[sasguru]

What are you supposed to do, even if you do recognise it ?
Loads on here said 'dont get a mortgage , dont borrow, rip up your credit cards' - which was good advice.

we are the little people, what more could we have done ? do tell

Identify the bubble, buy loads of BTL and sell at the right time.
HTH

[EternalOptimist]

Are you AtW in disguise?
It's doesn't take a rocket scientist to identify a classic bubble, does it?

What are you supposed to do, even if you do recognise it ?
Loads on here said 'dont get a mortgage , dont borrow, rip up your credit cards' - which was good advice.

we are the little people, what more could we have done ? do tell

[Doggy Styles]

The reason why I am scare is because I will now owe the Govt. in excess of £30k. If I ever decide to have children, they will also owe the Govt. £30k. It isn't right that the Govt. is bailing out the Banks for bad decissions that they made. I believe that the BoE should take ownership of these banks and delist them from the Stock Market or shut them down completely and ban the Directors from owning or running a business in the UK for the rest of their lives.

£58K reported at the last count, not sure what this will rise to with the latest QE (money-printing) announcements.

I don't think everyone has fully grasped how deeply in debt Gordon and the Labour party have put us.

[Solidec]

Is nobody else concerned about the longterm health of the wealth creating population of this country?

Higher taxes for years to come mean hardworking, taxpaying folk will have less and less children as the cost to raise them and pay down mortgages/rent, bills etc becomes prohibitively TAXING!

This in turn will mean less and less wealth generating young people entering the private sector, in turn less tax revenues and slower economic growth.

In the meantime, the welfare dependant spawn at an unchecked rate, further skewing the pie with even more tax revenue required to suppoort the welfare claimants 4+ children.

I DESPAIR

[sasguru]

So it's not like you weren't warned, and that was many years ago now.

Are you AtW in disguise?
It's doesn't take a rocket scientist to identify a classic bubble, does it?