Labour are insane
No other way of putting it: link
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Re: Labour are insane
The assets are only worth anything if others have the spare cash to buy them.
The ones that created the banking crisis were the ones without money, who wanted get-rich-schemes of buying houses that would increase in value, or housing developments that weren't needed. What happened afterwards was a pass-the-parcel of the debt of those people. The money for those "investments" came from the well-off. It is the well-off who didn't get paid back from their investments. It is the well-off and their spare cash that provides the money for mortgages, personal loans, and business loans and that is why the banking system had to be protected. If the well-off don't put their money in banks, no loans of any sort are possible. |
Re: Labour are insane
Mmm, a video from 5 years ago...
Something has to be done about the obscene gap between rich and poor in this country, that is getting bigger all the time. Divisions are only getting greater. This may not be the solution, but they are right to see it as an issue that needs to be addressed. The current cabinet of millionaires, who won't publish their tax returns (unlike McDonnell), certainly won't be bothered. http://www.independent.co.uk/news/bu...-a7589341.html Quote:
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Re: Labour are insane
Just love the way he reckons 'the rich' caused the crisis. Really John? Really?? What you mean all of them were responsible and none of them have contributed anything positive to UK PLC and society in general? No worthwhile contribution whatsoever? Nope, they're all the same, rich, fat cat banker pigs... :rolleyes:
The thing about New/Old/Same Old Labour is that sooner or later they always revert back to the sort of puerile stereotyping and failed policy which brought the country to its knees back in the 1970's. |
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Affluent pensioners?
https://www.gov.uk/government/upload...-15-report.pdf In 2014/15, the average weekly income of a pensioner was £297, or around £15k per year. Affluent? |
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What planet are they living on? The pensioners that I know the average weekly income is about £150 per week. |
Re: Labour are insane
Most have it tied up in property, income is only one element. However the 'triple lock' is unaffordable, giving free TV, bus rides etc to rich pensioners is a farce. You can be sure this won't be there when most of us retire, if we ever do.
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Personally I'm saving big time for retirement. I don't expect the state to provide or be able to afford to pay out what they currently do. Pensioners have never had it so good.
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:rolleyes: |
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