Reply to: Pub Bulltulip

[suityou01]

AFAICS this whole thread is a litter of spazzy ramblings

Did you forget to add the beer?

[Ruprect]

The only slight flaw in the gobtulipes argument is that his link only deals with an early retirement plan, whereas in my rented friends scenario everyone over the age of 18 got a slice. No mention of the welfare state, state pensions, medical insurance.

It really only covers a fraction of my buddy's grand master plan, so no, it is not plagiarism on his part.

My only concern is that VW is too stupid to comprehend this, and continues to litter this thread with his spazzy ramblings rather than dealing with the topic.

AFAICS this whole thread is a litter of spazzy ramblings

[suityou01]

Also a rapid increase in organised crime, cyber crime and delinquent crime.

[suityou01]

Thanks Mr PowerMortgates. A delightful reply apart from the FB bit.

Inflation yes.

Also, the chavs get their hands on 100 grand, they'll snort it or drink it and end up needing medical attention which they can only get if they took up medical insurance...

So we have a lot of dead chavs needing burying. Mass graves, disease, anarchy. Collapse of social order.

[Power Mortgages Ltd]

There is of course the inflation side of things to contend with. Giving everyone a large sum of money would of course drive prices of pretty much everything upwards thus reducing the real term value of the lump sum given to each person in no time at all.

The economy would go to pot with this point alone.

Of course all the other points which have been mentioned like it costing a lot more than the bail outs cost too.

Regarding the car point, if there was a sudden increase in demand for British cars the manufacturers wouldn't be able to cope. They would have to go through a mass expansion process - who would pay for that? Where would they get the extra staff to deal with the extra demand (would you want to go and work in a factory if you have just been given a large windfall of money) and what happens when the demand is fulfilled? Mass redundancies and car manufacturers going bust left right and center due to the increased overheads with their larger production lines.

It would also have issues going forward too with most new cars not needing MOT's and with a load of brand new cars there would be less issues with cars breaking down so garages/workshops would suffer.

What about all the people who decide that if they pay off their mortgage they don't need to work anymore? Or those that don't work deciding they no longer have to find a job if they have been given a large sum of money. Employment would decline immensely.

It's a nice, short sighted view of how to sort the economy out but would never work as the people who have suggested it just haven't comprehended the further connotations.

I do remember seeing this on Facebook too (can't find link). I'm sure it has done the rounds on email too which maybe where your friend saw it if he is not on Facebook? It was very similar to your friend's suggestion though, pretty much step by step.

If the government want to give me £1m though I wouldn't complain

[SpontaneousOrder]

For one thing, giving 60 million people £1 million each would cost £60 trillion, which is slightly more than the bank bailout.

You're confusing money with wealth.

[suityou01]

This (roughly), in my opinion, is the only way to fix the system (fix it's state in this way, and then fix the way it works so that it doesn't happen again). It's a very sensible idea. Forget the British car crap, etc though.

"Post Keynseian" Professor Steve Keen has been proposing just such a debt jubilee for a while now.

Well I came up with a compelling argument, or rather input into the thought experiment that ended up with the population of the UK getting wiped out.

I just want to see if the panel, once thinking this through, come to the same conclusion.

[suityou01]

Spazness ....

2 similarities. Where is the rest?

It really is a pale imitation of my friends master plan.

Now, wipe the foam from your chin and start contributing to this thread, noobie.

What would happen if 10% of the 20% unemployed suddenly got their mitts on 100K and told to make it last for 2 years?

Take your time now.

[SpontaneousOrder]

I love it. As I rarely go out to the pub these days (working too hard, demands of the brood etc etc) I do like a nice bit of pub bultulip.

Last nights episode comes right out of the top drawer, from none other than my bezzie mate.

This absolute gem, went something like this :

"I think the government could have handled the banking bailout differently. I mean they just handed tax payers cash to the banks, and they still paid bonuses and did what the hell they liked. What I would have done is give everyone a million pounds on the proviso that :

If they have a mortgage, they pay it off (thus helping the banks).
If they don't have a mortgage, they buy a British car (brand new) thus helping industry.
If they are on benefits they can't claim any for 5 years.
If they are retired they can't claim state pension for 5 years.
They have to take out medical insurance."

I obviously ripped this to shreds and in the end he was a mere shadow of his former idealistic self.

Just wanted to see what the panel make of his idea. As a thought experiment it whiled away a few pints quite nicely.

This (roughly), in my opinion, is the only way to fix the system (fix it's state in this way, and then fix the way it works so that it doesn't happen again). It's a very sensible idea. Forget the British car crap, etc though.

"Post Keynseian" Professor Steve Keen has been proposing just such a debt jubilee for a while now.

[vwdan]

The only slight flaw in the gobtulipes argument is that his link only deals with an early retirement plan, whereas in my rented friends scenario everyone over the age of 18 got a slice. No mention of the welfare state, state pensions, medical insurance.

It really only covers a fraction of my buddy's grand master plan, so no, it is not plagiarism on his part.

My only concern is that VW is too stupid to comprehend this, and continues to litter this thread with his spazzy ramblings rather than dealing with the topic.

Oh, sorry Suity, I'm pretty new here and I had no idea you were special needs. If you can't see a clear evolution from the two examples I quoted to what your "friend" came up with, then I'm really not sure where to start.

Also:

So where do those "Verbatim" quote my Americanism?

I never once said they did. I said the last line in your post (Health care) was a pretty clear Americanism - I've not met many UK people who think that everyone having health insurance would help the economy. I can help you with some of the rest, though:

"If they have a mortgage, they pay it off (thus helping the banks)"

Is LIKE

"They either buy a house or pay off their mortgage
- Housing Crisis fixed. "

"If they don't have a mortgage, they buy a British car (brand new) thus helping industry"

Is LIKE

"They buy NEW American cars. Forty million cars ordered
- Auto Industry fixed. "

[DodgyAgent]

I love it. As I rarely go out to the pub these days (working too hard, demands of the brood etc etc) I do like a nice bit of pub bultulip.

Last nights episode comes right out of the top drawer, from none other than my bezzie mate.

This absolute gem, went something like this :

"I think the government could have handled the banking bailout differently. I mean they just handed tax payers cash to the banks, and they still paid bonuses and did what the hell they liked. What I would have done is give everyone a million pounds on the proviso that :

If they have a mortgage, they pay it off (thus helping the banks).
If they don't have a mortgage, they buy a British car (brand new) thus helping industry.
If they are on benefits they can't claim any for 5 years.
If they are retired they can't claim state pension for 5 years.
They have to take out medical insurance."

I obviously ripped this to shreds and in the end he was a mere shadow of his former idealistic self.

Just wanted to see what the panel make of his idea. As a thought experiment it whiled away a few pints quite nicely.

What is wrong with this? I suggest they move the house of Commons to this pub.

[suityou01]

The only slight flaw in the gobtulipes argument is that his link only deals with an early retirement plan, whereas in my rented friends scenario everyone over the age of 18 got a slice. No mention of the welfare state, state pensions, medical insurance.

It really only covers a fraction of my buddy's grand master plan, so no, it is not plagiarism on his part.

My only concern is that VW is too stupid to comprehend this, and continues to litter this thread with his spazzy ramblings rather than dealing with the topic.

[suityou01]

What you've posted is near verbatim how the post went, and the last point is a clear Americanism.

Uh-hu

Will this do:

'Simple' solution to the economic crisis would cost more than three times the national debt | PolitiFact Rhode Island

Or perhaps you prefer Snopes:

snopes.com: How to Fix the Economy

Of course, I'm sure you can find numerous edited and localised examples on the Internet, should you wish.

So where do those "Verbatim" quote my Americanism?

Uh oh - Looks like Suity's going down in flames this time.

Not done yet my friend.

[OwlHoot]

Will this do:

'Simple' solution to the economic crisis would cost more than three times the national debt | PolitiFact Rhode Island

Or perhaps you prefer Snopes:

snopes.com: How to Fix the Economy

Of course, I'm sure you can find numerous edited and localised examples on the Internet, should you wish.

Uh oh - Looks like Suity's going down in flames this time.

[vwdan]

Link or STFU. Talking bollocks.

Will this do:

'Simple' solution to the economic crisis would cost more than three times the national debt | PolitiFact Rhode Island

Or perhaps you prefer Snopes:

http://www.snopes.com/politics/business/fixeconomy.asp

Of course, I'm sure you can find numerous edited and localised examples on the Internet, should you wish.