Member Info for Birdsong

I have said from early doors that President Trump ought to mine the SoH so 'he' not just 'they' can then call the shots of who, or if anyone travels through.

Pointless only having your enemy gain fees or revenue from their decision on who travels through.

Also unlikely that Iran would be thick enough to sink tankers there as the strait has slow water flow, and the crude would foul up it much needed water intake systems for drinking and crop water.

Imo I think the President ought to use limited nuclear devices to shock these devout believers as they did with the Japanese who refused to surrender during WW2, thinking it a disgrace to do so. Once they realised that their homes and way of life could be gone forever, they soon changed their tune.

Also President Trump knows that Russia and China are watching, and what a way to make them think twice about messing with the US if nuclear is used not in defence but to get what the US wants.

As the President is going to be dragged over the coals even if he pulls out now, he just as well go out with a bang and hopefully bring the Iranians to their senses, and win this war to gain kudos with the American public and show the strength of his country to the hateful eyes watching.

Re: "The banks will continue to offer the best rates that they can for savings and lending. The money will keep coming in …"

I have never questioned the above. Do any of you read the posts and think before replying?

My point was, the DCA arrangement was lucrative for banks too, as the higher the loan the higher the banks profits on such.

The PPI example was used to show how that too was very lucrative for banks for years, and the fact that, like this, not only did they have to refund it, but the huge costs in admin, skilled staff, added to the cost, and, the main point, being that 'never again' could the banks gain the 'perceived' immoral profits from such.

Nothing to do with banks making profits elsewhere, unless that is not all squeaky clean and fully above and beyond board.

Ps, meant to add that as with the PPI repayments for banks, it would do well for shareholders to understand that it is not only the 'paying back' of what, in the FCA's assumption, the wrongful money taken, BUT importantly 'never again' will these 'immoral' but very lucrative amounts be pouring into banks coffers ever again.

So a lose lose for the banks, as they pay back all the money owed, and fund the admin, and can no longer look forward to gaining that extra sum on those loans with DCA as they did for decades. Also they have to be even squeakier clean on anything and everything they do, meaning more time spent on ensuring the dim (often deliberately so) customer base fully understands anything and everything they do, making these 'nice little un-obvious earners' as dead as the dodo.

So harder to flatline income let alone re-coup their losses for banks on such car deals now.

Wonder what will be next to be discovered for banks?

Dry66

Re: "Inevitably, the thirst for compensation will lead to higher finance costs in future, so what the punters gain now will subsequently be slowly wrestled back by lenders through more expensive car loan agreements in future."

Two points re above, The 'thirst' for compensation comes more from HMG needing billions spent in the failing economy by the public from any source, so long as it is not HMG funding it via taxpayers or more adding to more Gov debt, then it will happen.

As this current Gov know they are toast and will almost certainly be out at the next GE, so are desperately trying to keep the masses 'on side' in vain hope of a miracle.

Secondly whilst it may make the peeved effected bank shareholders feel better to think those 'getting their money' handed them on a plate will 'pay for it' next time they want finance, the truth is like all businesses in the UK, cut throat competition will ensure that deals and loans remain competitive for buyers, as competition will ensure such. Just means the agreements will or ought to be worded, spelt out, and drummed in to each and every buyer so even the village idiot knows what is what without any future claims of 'misunderstandings'.

It will just make it a more tedious form filling long winded experience. akin to reading my posts, which by essence have to be long winded, to explain to those with less understanding of how the world works. For if every angle isn't covered then some critic or dimbo will leap on any such flaws or lack of info.

Tis the society we all live in now, but some find it hard to accept.

HMG always gets what it wants by fair means or foul, even this useless shower.

And the certainty is despite hours of nit picking legal wrongs, which there undoubtedly are, the outcome is what I said it would be, the shareholders will fund the masses to the pleasure of HMG, who by S.C pressure averted a massive blowback to financials should the CoA ruling have been carried out.

Yet importantly to HMG the masses with their begging bowls, will be satisfied that 'greedy banks' will be funding them once again, and HMG are happy that the squandered cash will boost high streets AND gain them some badly needed kudos from the disgruntled electorate, save a few moaning bank shareholders.

Now expect a few shareholders to try to badger knot to form a group to take out a private action against the decision. Which of course will never happen.

Just have to suck it up, and realise that to companies, shareholders are of little consequence (unless substantial holders near voting time), and Governments and CEO's make the rules and decisions, immoral, wrong, whatever, not us.

Still kept an otherwise dull board lively for months.

... life at Lloyds goes on as expected.

From the FT ...

"Lloyds will not take legal action against UK’s £9bn car finance redress scheme. Britain’s largest provider of vehicle loans wants to draw a line under scandal that rocked the sector."

As I said would be the case, Lloyds will not wish to upset HMG, for the carrot and the stick would effect CEO's of banks along with higher board members, if enacted, whereas if it is only the faceless shareholders funding the failing UK economy and high street for a few more weeks then so be it.

As I say, HMG make, ignore, change rules to suit them, not us.

Lloyds always first to roll over.

Answer, I DID.

Re: From the FT ...

"Lloyds will not take legal action against UK’s £9bn car finance redress scheme. Britain’s largest provider of vehicle loans wants to draw a line under scandal that rocked the sector."

My post from April 7th:

Dylan sang, or growled, "You don't need a weather man to know which way the wind blows".

I guess CBG is awaiting the larger banks like Lloyds decision, but good luck with that, as with the PPI Lloyds CEO was first to roll over, as like I say, it is in the interests of the CEO to do so, think bank taxes, think bonuses, and all move in the same company as HMG.

The shareholders will be thrown to the wolves imo. Hope not, but seen it before and the PPI was full of flaws too, made NO difference.

No apologies needed or wanted. Being right is my reward.

Perhaps it would be wise to dust off the nuclear weapons and start using some nearing they use by date to show the USA can do as it wishes to not be dictated too. The whole world needs oil, so whilst most nations don't want the repercussions of this war, they will most all benefit from a strong action by the US on destroying Iran and the President Trump can always be 'used' to throw under a bus, ONCE Iran has been economically and politically ruined, thus easing any remaining top Iranians anger if they think the hated POTUS has been punished for his illegal doings.

Much as Hitler was after the war, and the Germans are our friends with just a handful blamed for the misery that plenty inflicted then on the innocent.

Would be imo a huge mistake to give in now, and doubt they will do. This needs sorting for years not a few months, and President Trump is the only one willing to do so, along with Israel of course. Both leaders of the US and Israel will be hated unless they can end Iran being able to hold the world to ransom, so just as well give them more reason to hate than they have now.

A lesson too for the Chinese and Russians who will be watching to see if the US backs down.

BP hanging in there atm, but anything could happen over the weekend.

Sell with complete knowledge that your divi will be safe to receive muffer. Mind Monday after a long weekend could be less than what you may have got today, or more. Good luck and nice to be mortgage free.

Suff, I too was going to say how refreshing it is to hear of a board member admit they got it wrong. I had to wait two decades to see a profit there, and when one considers the years, not just one year, but years of inflation, and several of those years with no div, then it would take a wiser person than I to deduce IF I am even in 'true' profit now, despite seemingly so on paper.

You always were honest about your loses and you are so right about health being more important, easily missed when you have good health, but it can change quicker than a share can drop. Good luck to you, for truly that is often all us mortals not in the know punters rely upon despite dyor etc, always conflicting sides to still leave one guessing.

Asi, re your areas expensive property prices, this is the case for a lot of what we know are nice areas in which to live within the UK. Now the 'nice' factor may be geographical, insomuch as beautiful areas, low traffic density, quite, low numbers of outsiders keeping areas, as most all were years ago in a more close knit unit, and low crime levels.

But then people in such places who avoid most of the horrors that other places endure daily, such as serious and persistent crime, traffic noise and pollution, ugly huge buildings, crowded places, living amongst strangers and often those with problems with mental health issues on crowed public transport, and a myriad of other issues, surely must expect the limited numbers of properties to be far more costly, as there are plenty of wealthy people, who don't wish to leave the UK, but wish to leave the horrors that are now inflicted upon them by living in modern towns and cities to move to areas such as you live in.

IF it truly bothers you that much why not give a few acres of land to a building company where homes could be built for those lovely people you care for, and why not try to SEE why house prices in the UK are now coincidently more costly in a time when a truly never ending number of people are arriving, without permission, all being eventually housed, which presumably you don't 'see' as effecting house prices and availability in your affluent area, but whilst you may not have a family with a discarded life jacket living there yet, many indigenous are being displaced by such, and head for the England they once loved to areas such as yours, thus effecting supply, demand and price of ALL areas, especially the places where people can feel there homes and children are still living as the parents once did.

Whilst great for Lloyds to see house prices rising, the point comes when they as you point out become too costly and the market slows, and housing becomes easier to just breed and let the state gain you a roof, rather than work and still be no nearer gaining your own home.

See what is driving this inorganic housing demand as they aren't making land anymore.

Expect end of day sell off for most shares, not excluding Lloyds.

Suff, are you no longer in Lloyds, never see you post there, or just tired of all the squabbling there?

Tend to agree with you, feel this is far from over, and the years div, large as it is, can be wiped out in a day or so.

I hold fair few, but am waiting for a better entry point to allow for the big expected drop to come. When the realisation of the 'effects' of all this filters through to an already shaky economy here. Has held up well so far, and with isa's being filled, perhaps when those buyers are spent out, the true direction will manifest.

Niharroy, As is said by the Great President Trump,

'Don't ask relevant questions that I don't care too or can't answer or you will be removed from my next press conference'

Stick to pretending that even the shorts are 'good' as we can then all perpetually 'top up' making us all richer, eventually.

Never a bad day or move here....is there?

Re: "Concerns Over Rising Employment Costs: Despite the subsidy, businesses have reported that increased Employer National Insurance contributions, higher minimum wage rates, and new employment rights reforms have made hiring young people less attractive."

And this is where the illegal workers score, for many will be able to work illegally, suiting them as if having their rent fully paid by the state, along with their council tax, their child benefit, and free school meals, school transportation if living a few miles from a school, uniforms, breakfasts, along with a very reasonable sum from U.C, then even a tenner an hour makes for a 'nice' life when all your 'essentials' are funded by us taxpayers via the state benefits.

This makes it unfair to the businesses who don't employ illegal workers and who do have to fund their workers insurance, NI, pensions, sick money, maternity, paternity leave, holidays etc.

Only those who gain from such want such, as when work becomes scarce and numbers of illegal workers rise, then they won't all be able to work illegally, so drug dealing, stealing, gangs shoplifting, and other lucrative crimes ruin the lives of many people directly and many more indirectly as we all have to pay more to cover the costs of loss.

Sentences are weak as courts know prisons are full, and the crims know that too. So the issue grows. Perhaps a world war awful as it is, would be the only way to reset the broken country, otherwise I fear just a slow car crash played out over years no matter what party, or leader pretends that 'they' can do something about it all.

Still nice to see Lloyds up slightly less than the div, but I am sure sell off Friday will soon whip it into its usual direction.

See where we are close of play tom

Let's hope the US use this time to take stock, calmly access the next move and hit the infrastructure long before the ceasefire is due to end to keep the element of uncertainty, surprise, and strength along with fear paramount in the minds of the enemy.

For whilst such would in normal circumstances destroy 'trust' that has already been erased from this war via President Trumps immoral but wise moves when dealing with such fanatics.

Reprisal attacks will continue in and on the USA and others for years whatever, so just as well now use this last chance to take out as many current and future freedom fighters, terrorists, soldiers or whatever else you personally see them as.

The President will be living a wonderful life, safe at home, so knowing that if you can destroy your enemies economy, income and strength means POTUS has lost no face, and can always return should they wish to continue with nuclear ambitions, taking out top leaders, experts and anyone else in the way to achieve such.

For now the hornets nest is hit, they will be more likely than ever to create a nuclear device and use it, so needs to get really tough, and President Trump is the only person with the grit to do such, as others just want, understandably a peaceful, easy, lovely life, for themselves and loved ones, but the President has a deeper ambition than that.

Just wish I had the same amount invested here as in Lloyds as then the drop there might be hedged by the rise in BP.

Another tense interesting weekend I guess to come.

Clearly they are saying IF you are in reasonable profit best to take it, but, if not then hold, suggesting their option of the true valuation is somewhere around where it is when the article was written.

Funny how posters love to diss anything negative, suddenly 'not understanding' an article or a negative posters posting, yet happily tick up any post, whether they understand it or not so long as it is seen as positive.

As I say Gov has got and will continue to get the 'outcome' it wants, not us, whether immoral, illegal or otherwise. At best IF the larger banks, which for reasons given I don't think they will, take this to court, then perhaps the two tier earlier claims may be limited, but that in my opinion is unlikely but possible.

Most will not do a Rand and threaten to leave the UK, but just accept, keeping HMG sweet in hope of less draconian measures, rules and pressure effecting the CEO's and boards future income, whilst throwing shareholder under the double decker.

Tich, poo is just a shortened term for the 'Price Of Oil' not a direct reference to crude appearance of stools after taking too much iron!

My point being that CBG have not challenged the FCA, and despite all the flaws imo they will roll over and accept, knowing they can afford it.

That has been my point all along, I never have predicted the s.p, but my predict has been that HMG will get what it wants, the high street funded from shareholders cash, despite the facts that Knot has spent hours researching and finding many genuine flaws, that, end of the day, it is easier for banks to put up and shut up, as the shareholders will fund it, not they.

So like the Great President, it is me who has won the point, not those expecting a fight in court to reduce our payouts. So far the HMG has used the FCA to get what it always wanted. The economy funded, but not to the extent that faith in the UK was lost to investors. Only the share price has changed, which I never said it wouldn't.

Well the executioners face is always well hidden, but I going to watch the Springtime turn slowly into Autumn, for the answer my friend is blowing in the wind, just long long as the wind contains not nuclear fallout, for we can take our money but I don't know how you will spend it in the tomb.

Well at least now as the wheels have come adrift here again we could perhaps join up and write a Mama Mia type play or film using Dylan songs and lyrics to make our fortune. Or is investing in one lame duck enough.

Jerry, best hope the lines ' I've known it all the time, you're learning it these days' doesn't come back to haunt you soon.