Comments on Guy Fawkes' blog of parliamentary plots, rumours and conspiracy: UK Mortgage Debt / GDP Ratio Worse than U.S.

It is not good news for the future of England. I t...

2008-07-20T04:41:00.000+01:00

It is not good news for the future of England. I think if sales cut down to that point then the banks have to face problems for funds.
___________________________
veny
Debt Consolidation

The Bank of England have got a lot to answer for. ...

2008-05-02T10:48:00.000+01:00

The Bank of England have got a lot to answer for. Rory Bremner puts it very nicely:

http://www.youtube.com/watch?v=8fNqIdiuoV4

If i'm elected as Prime Minister I will cancel all...

2008-04-26T13:01:00.000+01:00

If i'm elected as Prime Minister I will cancel all mortgage Debt, IE Punish the Banks and the finance sector, not the British People.
What would the British People do with their new found wealth, why they would spend it of course.
So Kickstarting the economy.

After all the British electorate have put more into their homes than the International Bankers have, Money costs pennies to print and Credit is simply thin air, so what exactly will the Banks be losing, that's right, thin air ?.

Give the People their Homes, the Frauds Known as Bankers (to some) can start again, not the People.

http://www.youtube.com/watch?v=OnwLgrSJZKs

Tonight on question time live from Slough......ear...

2008-04-25T10:59:00.000+01:00

Tonight on question time live from Slough......earlier.

Stupendously funny Bill Quango MP.

BTW make sure you get another member to employ your family and vice versa, you know it makes sense.

@ lola (7.39pm)To answer your question, if a decen...

2008-04-25T10:47:00.000+01:00

@ lola (7.39pm)

To answer your question, if a decent English Nationalist or UKIP candidate isn't standing in my constituency then I think I will be spoiling my ballot paper tbh.

I will add my own 'none of the above' box and put a cross in that as a protest against the LibLabCon-spiracy.

"For the long term trend line to settle back to th...

2008-04-25T09:47:00.000+01:00

"For the long term trend line to settle back to this average it will HAVE to dip BELOW this trend line for a short period at a very large amount under trend or a longer period of time at a lesser amount under trend to re-establish the average."

No. It can come down to the current long-term average level and stay there. It doesn't need to dip below it. Any newly-calculated long-term trend will be distorted for a while but it is the current level that matters, not the trend.

bofl, Cassandra: Yup, that's the way to do it - ca...

2008-04-25T06:37:00.000+01:00

bofl, Cassandra: Yup, that's the way to do it - cash in and buzz off with cash! There really are MUCH nicer and FAR cheaper places for one to rest one's head than the UK.

Bank crisis ?Banks insisting upon a 10% deposit an...

2008-04-25T05:00:00.000+01:00

Bank crisis ?
Banks insisting upon a 10% deposit and limiting loans to 3 X salary.

Call me old fashioned but that sounds more like a return to normality.

The housing market has been operated like a vast pyramid selling scam for the last 20 years and now that the pyramid is collapsing those that suffer will be the ones at the bottom of it.

Black economy, anyone?

2008-04-25T00:45:00.000+01:00

Black economy, anyone?

Have the economics press all been in a coma until ...

2008-04-24T22:37:00.000+01:00

Have the economics press all been in a coma until now, or what?

Prodicus, this article from April 2001 turned up a day or two ago. Brown seemed to put off the conclusions of the article by the credit bubble .

All he needs now is a miracle
Rupert Darwall
Telegraph 3/04/2001

GORDON BROWN is wreathed in pre-election laurels for his stewardship of the economy, not least by himself. He should enjoy the plaudits while they last. The true cost of his increasingly dysfunctional economic policies will become clearer in the next parliament.

R Totale is right up to a point but the real exten...

2008-04-24T22:00:00.000+01:00

R Totale is right up to a point but the real extent of the property obliteration is going to be brain shrivellingly worse.

The 3.5 rule is used by just about every disinterested economist and is as near cast iron as economic rules come but here's the difficult bit...........

For the long term trend line to settle back to this average it will HAVE to dip BELOW this trend line for a short period at a very large amount under trend or a longer period of time at a lesser amount under trend to re-establish the average.

In a nutshell to get back to the 3.5 rule we could be in for property prices 75% less than they are now for up to a year.

Browns brain dead attempts to negotiate with the Banks this week show just what a closetted life he has had

On Monday he calls them in and just about gives them £50-100 Billion.Banks response"Ta mate we'll be back in 6 months when we've pissed it away"

On Tuesday he asks them to get mortgage rates down citing his previous days generosity-Banks response "Fuck off you twat"

Says Colonel Madd

I disagree! Thank you, fuck off and good night!

2008-04-24T21:12:00.000+01:00

I disagree! Thank you, fuck off and good night!

Yet more bad news for Gordon and his 10p tax shamb...

2008-04-24T20:51:00.000+01:00

Yet more bad news for Gordon and his 10p tax shambles - YouGov reporting 18% lead for Conservatives(44% Con 26% Lab 17% LibDem).It obviously doesn't do to upset your "core vote".

Does this mean that the 3 million or more houses w...

2008-04-24T20:19:00.000+01:00

Does this mean that the 3 million or more houses what Gordo is planning to build, in order to give immigrants a roof over their heads, is dead in the water?

Cassandra - got it - you're on a yacht in the Med ...

2008-04-24T19:56:00.000+01:00

Cassandra - got it - you're on a yacht in the Med aren't you.........

Good on you.....enjoy.

anon 7.42. Very well put if I may say so. So, as ...

2008-04-24T19:39:00.000+01:00

anon 7.42. Very well put if I may say so. So, as we seem to agree about the state of the politariat of all parties just who the fuck does a sensible thoughtful brit vote for?

@ Labour Still The Best (1.39pm):'It's all pie in ...

2008-04-24T19:24:00.000+01:00

@ Labour Still The Best (1.39pm):

'It's all pie in the sky bollocks from this lot of whinging right wingers'

Using insults such 'as whinging right wingers' for those who choose to criticise this shower of shite Government is so very 1980's.

I used to be a member of your pathetic stain of a political party. I left as I didn't appreciate being lied to over Iraq- like so many others.

So will I now vote Tory? Erm, no- but I'd love a decent English Nationalist candidate to stand in my constituency come the next General Election.

And no- that does NOT mean I'm racist, either- as one of the brainwashed apparatchiks in your party accused me of being when I dared to question the regionalisation of England.

Save all the bullshit sloganeering, wake up and smell the coffee. Labour has been shite for this country. Only a brain-dead lobotomised twat with the intellectual capacity of an educationally-subnormal amoeba would disagree.

You patronising sucker of Satan' cock.

*rant over*

Two issues that Liberal-left and Daft may wish to ...

2008-04-24T19:14:00.000+01:00

Two issues that Liberal-left and Daft may wish to consider in their notion that net immigration may sustain house prices:

- Emigrants are generally qualified, immigrants generally aren't. (Downward pressure on wages)

- Immigrants are prepared to sleep 12 to a room.

If fact there is massive room for contraction in housing demand as indiginous people will be forced to experience the delights of multi-generational occupancy as our ancestors and Asian settlers were accustomed.

This is already happening with kids remaining with parents well into adulthood.

All that is needed for a 30% contraction in demand is a change in expectation - something which the coming recession may well force.

Croatia/Greece/Northern Cyprus/Italy and Malta mai...

2008-04-24T18:50:00.000+01:00

Croatia/Greece/Northern Cyprus/Italy and Malta mainly!

So the British taxpayers are helping to bail out t...

2008-04-24T18:26:00.000+01:00

So the British taxpayers are helping to bail out the Americans. Who is going to bail the Brits out?

It's very difficult for Snottie McBean to know wha...

2008-04-24T17:48:00.000+01:00

It's very difficult for Snottie McBean to know what's really going on out there because his head is planted very firmly up his arse and all he ever hears is what the sad bunch of sycophantes he calls his team decides to tell him...

Anon 5:26, Cassandra has a nice little flat in Har...

2008-04-24T17:37:00.000+01:00

Anon 5:26, Cassandra has a nice little flat in Harare.

Anonymous said... This post is far too close to po...

2008-04-24T17:29:00.000+01:00

Anonymous said...
This post is far too close to policy debate for my liking, Guido. Why not just stick to the fun stuff - gossip, innuendo, etc?

why dont you stick to the fucking Beano if you dont like it? Thick twat, piss off!

Cassandra - which country are you in?

2008-04-24T17:26:00.000+01:00

Cassandra - which country are you in?

Bofl,Re your post about Blowing England, I already...

2008-04-24T17:14:00.000+01:00

Bofl,

Re your post about Blowing England, I already did! Where I am now I can live a very reasonable twelve grand a year net income, prices are low and the government doesnt steal all my money BUT if I came back to the UK and bought a house and tried to live on my remaining lump sum which would provide a net income of about eight grand a year the taxes and sky high bills would destroy me straight away! Owning my own home and having a reasonable income isnt good enough now in the UK! You have to be well paid or go to the state with a begging bowl and become a client of the state for life!
Where I am now I can afford a reasonable lifestyle but back in the UK I would be poor even with owning a house!
I have worked out that I would be left with about five pounds a week after all the bills and taxes and cost of living is taken into account. Gordon Brown has already taken well over a third of my pension to fund his 'visions' and raised the age I can get to whats left by many years!
In Gordon Browns vision of the socialist workers paradise you either have to be rich or a state parasite to live a decent life?

How the fuck are decent people supposed to live when the state is trying to steal what little you have?