Ricky

Sounds great if true. Can you provide a link?

Unemployement is a lagging indicator.

Listen to what the Bank fo England forecasts. http://streamstudio.world-television.com/C...er=ns-1-0-0-0-0

While I disliked the cash for cars idea in the UK, the same happened in Germany - although of course, Germany actually own the car manufactures.

Germany is somewhat different from the rest, consider it's housing buble - or more correctly it's lack of one. http://i83.photobucket.com/albums/j313/predicta/BuzzJack/hbubblechart.png

Old news See http://www.chartstats.com/ Thanks for the name , I may use that elsewhere.

I've no idea what you are getting at with that. My statement is in reply to the effects of lowering VAT. Estonia has a VAT rate of 20%, while in Latvia it is 21%, both higher then the positive effects of lowering it in the UK to 15%.

In what way I am failing to take into count those people wth over 50K? They can lose it simple - that was the FSA policy, or as I already posted the government could even cover it, still considerably less then bailing out the banks. And for the silly reference to business see the reply below to JustinBieber. Firstly it could come the same way as borrowing, given that it's a less amount then the cost of bailing out the banks. But in fact there is another useful source - although it would take time for the government to realise it's value. It comes from the assets of the bust bank. RBS had enough capital and assets to cover all it's customers bank account money. It just could not cover it's investment gambling, aka CDS and derivatives. The money could be start being paided out next day. Go open an account with another bank. See previous post to Tyron. It's not my idea. I take no credit for the idea of not bailing out banks. Not doing something that has been discussed by thousands of people and for example in the US, not bailing out the banks was openly put forward on TV. What a silly strawman post. I guess you did not read what I have written multiple times, that 'those people' 'per personal account' etc. FFS, does that really sound like a business to you? In additional I made it clear in a prevous post that 'the government could of even paided out the full amount in every account to every bank and still paided out significantly less then they did by bailing out the banks'. God, help us. Surely I do not have to explain the amount is upto 50K. :wacko: If someone has a few hundred quid in the bank they get a few hundred quid back. Not 50K, that is the max per person per account. See http://www.politics.co.uk/news/economy-and...036;1243389.htm

The maths says otherwise. All customers of the RBS and it's divisions could be paid out to 50K per personal account and every man, women and child in Scotland(and the UK) could of been given a clear 10K no questions asked, instead of the bailout - what an enormous stimulus that would of been. Instead every man, women and child has a govenment debt which conservatively is a cool 15K; the government now has to extract that money from you (plus interest! - so will be about 20K if paid over the likely 5 years). If your a worker it will likely be more, because you have to cover for the children, unemployed and retired people etc. Talk about p***ing money up the wall. Rooney behaviour is nothing on the bailout insanity.

While I wouldn't say it working extremely well. I do agree it was a healthy thing. One is inclined to think Gordon Brown was motivated by an impending election on the horizon, a case of doing the right thing for the worng reason perhaps. Whatever the reason it's a pity it was later reversed. A move from central to decentralised economic control is nearly always a gain to the country as a whole.

You seem to have forgotten the same had happened with Northern RocK just months before. So let's not exaggerate, there would of been some panicking(there was anyway) but nothing that the British are not used to already. The idea there would be a run on the pound is completely false. The pound would of gone up greatly partly because the country would have much less debt then it now has but also becuase at the time other western countries got in a greater mess by bailing out there banks - as it was, the pound fell in value against the Euro especially for a while, and still not recovered yet.

Sure. You know the risk. Buyer beware as you said yesterday. No one prudently investing would put more then the limit in an individual bank. And why penalise those that took risk adversion? Those who take steps to move money out. And what about those that have insurance cover? I guess you believe if someones house burns down and it's not insured the government should pay out anyway? - Just because they have worked hard or are retired? Well the fact is often pensions collapse and no one steps in. You know the government could of even paided out the full amount in every account to every bank and still paided out significantly less then they did by bailing out the banks! The difference being the gambled leverage money (upto 50 times in some case) that they didn't have - but lost anyway.

The irony or quoting months timeframe for something taking hours! There is some truth in your view of hours, but hours was the time to make the decision. With 2 weeks we are talking about settnig up new accounts. A lot of those accounts aren't a rush and I giving two weeks as a timeframe when all the new account setup mayhem would be over. Of course you'd prefer the route with economic mayhem to go on for years.

Those with more then 50K - those people would lose anything over 50K. You complain about the rich, it would of hit some of them. Instead the process is a bind to all, hitting of course the poor the worse. Transfer of accounts would be been almost instant. 2 weeks max and really at the speed new accounts can be opened. Open a new account and have it verified from the previous banks computer system. You do realise we live in an online world now? Account information is shared for fraud/security reasons.

Sadly you live in cloud cuckoo land. Labour would never have given you a job, there austerity plans would of been just as severe just with different timing. Politicians gave there power away to the economic markets, that is not something that can be reversed by short term politicial means from any politican party. Also sorry to tell you but whoever has given you the idea of go to University get good grades and then get a good job was passing on a lie. What you require from education is the ability to create your own wealth - if you haven't got that then your education has been lacking. Create your own wealth not rely on handouts of others.

Of course they could and they should of. Banks go bust in other countries in the world. It's nothing major in fact. The accounts are guaranteed by the government to the value of around £50K, so the government just has to pay out a bit of money to those who's bank went bust. Other banks would of taken on the accounts and it would of rolled on nicely. It would of been far cheaper and any mess would of been cleaned up in a matter of months.

Bail-out conditions or not, you are supporting the bailout the payout of money that the country does not have. To burden the economy with generations of debt and then moan that it effects workers is silly. Would you go to a restaurant eat a meal then moan when you get a bill before leaving? No, you realise the effect of your actions. It's time to take responsibility.

The betrayal of the ordinary workers was by bailing out the banks. A betrayal I seem to recall you supported. A double-dip recession is now almost inevitable.

It's surprising how varied people tastes are. There is almost no pattern to the voting.

I gave four points to the winner and none to the second place. Go me! :party2:

Last, O well. C'est la vie

I'd love to go. I'm a fan http://www.q-dance.com.au/q/page/defqon1_f..._australia_2010

Yes, see my Signature | | v

I speculate the Top10 will end up of talentless artists who use auto tune that stand no or chance of a long term career as a singer.

Thank you URVUNIA, BARE AND NAKED GARDENS. :wub: You both have taste.