Member Info for BoomerBower

Empirical evidence shows lower tax rates are correlated with higher rates of growth. This is unsurprising since if ppl keep more of what they earn they are better incentivised. It would be wonderful yes is everyone worked for the common good for nothing as Marx hoped. However all experiments with Marxism and very high tax rates have failed spectacularly.

Onlyif there is a chronic lack of private enterprise in most towns and regions. Even what is considered private sector is now highly highly regulated. Look at what government does if someone wants to have premises and employ, business rates and national insurance are essentially a thugs attack on private enterprise. Taxing working and handing money to ppl who can't be bothered is the lunacy only the political class could deliver.

Onlyif basically agree Lloyd's is only undervalued if we avoid Corbyn. Otherwise it's overvalued along with every pound everyone posting on this board has in the bank.

Germany in 33 voted to be poorer. Venuzuela voted for destitution in 1999 by embracing Corbyn style Marxism. Countries vote to be poorer all the time.

Mick we vote to be poorer all the time through the ballot box. Having a tax rate 40% of GDP makes of poorer. Having free health and education makes us poorer. GDP would be far higher if taxes were say 15% if gdp. Even Keynes said they should never exceeda30% of gdp. Respectfully I'd suggest politicians do make us poorer almost always, our economy is nowhere near optimised. You can keep yr remain if it keeps Corbyn out, I'd take that deal. Corbyn will make us far far far poorer than any brexit outcome.

The 3 o'clock at Westminster is between remain and leave, the result no one wants is the Marxist Corbyn on the outside rails. Then we are all f******!

Nokesa a bell won't ring at the bottom. Remain or WTo will see a sharp rise here provided the real threat of the communist Corbyn is avoided. Every sensible person would sign up to a scenario that avoid Corbyn. If that meant remaining I'd tolerate it but just whine alot. But remainers should also accept the reverse too. Only the most foolish wouldnt think the real rusk isn't Jeremy Corbyn.

It's the only thing preventing a deal here Asperger imo.

Asperger as I said the deal is tolerable if the backstop is removed. As Oxo or someone said on here it's akin to the sword of Damocles.

Andy there is pessimism priced in here. A recession is well priced in which is why is below tnav.

Auson we can leave the EU anytime we please, they can't invade. Greenland left.

Asperger the deal is fine if the backdrop can be removed. Then I'm with you. Even if giving them more money sticks in my throat.

We should have gone on WTO straight away and stop sending them a billion a month. The counter factual non recession would have transformed the debate, just as it did on EURO and ERM. Even now economically we are in a better place than everyone in EU bar Germany with this chaos, shows politicians do sweet FA.

If remainers could provide an explanation on the plight of France Spain and Italy I'd appreciate it eithout bringing my backside in to it.

Also please explain why we can't be an independent sovereign nation like our Canadian cousins. They baulk at being the 51st state and rightly so. We've wasted two years with remainers thwarting this vote and here is where we are, we should simply have left.

Can you wipe yrs Andy?

Because I take exception to ppl like butd who label all leavers thick and thinks ppl over 60 shouldn't have a vote, I'm under 50 btw. And last I checked leave won, so how about you lot shut up and we actually leave rather than this neverending you lot have created.

An ill educated twerp butd with media studies BA wouldn't know the basics of history. What's Bretton Woods? You dunno? What's the ERM? You dunno? Who was Pompidou? You dunno? Change yr name to two short planks?

So these remainers are like ppl on the continent in 1913 getting exercised about remaining part of the Austro-Hungaro empire. Guees what that wasn't around a few years later. We were handed the keys to escape yet these total fools want us to stay mainly because they think most ppl here are smelly, ill educated and zenophobic. I think remainers want us in the Byzantine empire really, they probably think that's still with us.

Going well in France 10% unemployment in benign period 10 years after crash. They are rioting now, what happens when there is a recession and unemployment there goes to 15/20%?? There won't be an EU after the next downturn so this debate about remaining or not is short sighted.

They are applying for Advanced IRB status in their mortgages which will free up a fair bit of capital. They already do buybacks and gave announced a further 25m worth. Shares in issue have fallen from around 280 million to 260 million.