The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
how were you allowed get away with it penny
your constant negative posting about every asset and every decision and every director and every association was critical IMO in pushing Sp down from 35-18. You did that IMO with help from mufcm
That cost us way more than you ever had invested and you have smashed the last hope for this year
Great job
penny why aren't you posting all the rotten stuff you have been posting for 6 months at least now?
maybe people need to be reminded of your 'research' 5 times a day
maybe you can get more people to lose more than you ever had invested?
just checking how it would be viewed by royalist masons and others if the director of a defence supplier paid themselves a £100m bonus and this was also paid during period of extreme austerity and hardship on taxpayer?
So what about when bonuses are paid GENERALLY to directors of bailed out industries
Are you lot turning the values of this country on its head?
I'm really not sure i want to help any of you after this
so you had to post 3 times to hide your complete misunderstanding and deliberately do your best to sew confusion.
you are precisely denying that property and sites were bailed out. You again try to exonerate the disgraceful cheating bonuses of building co. and building supply directors. You have no shame. My point is that the establishment in no way fully pull their weight economically and in fact after the bail out have shown they are a drain which doesn't invent or invest but ppiles on debt and delay onto progress for their own ends and for their own assets and power bases. You want me to pay for this. I object. I want the 21C. Let's have 2 types of rich peple. Those who invest and those who don't. You cheated by posting 3 times to hide the fair discussion. You are a cheat- clear fact for you! So i replied. Disgraceful behaviour by a serial twister of information and debate. Building co.s and building supply co.s owe a massive debt to tax payer and landlords and crown estate too. They should humbly admit it instead of try and twist facts. If there was a democratic vote on whether to rescue landlords 100% and not say 20% or 30% and at same time then have funds for Gov investment in Green energy (also paying NI taxes etc etc and the odd bonus!) which way do you think it would go????????
Fact
just so i can understand you with a once a week post here (ie not a lot- sorry old sport)
you are saying if the banking system was not rescued by austerity and the theft of funds from more rational projects like green energy then property prices and site values would have recovered by themselves. You are saying the banking system was not in meltdown? You are saying somehow and completely illogically and a bit creepily if i may say so that if property and site prices/values had not have been rescued by austerity unfairly imposed undemocratically on the rest of the population then building co.s in GENERAL would have still made handsome profits and their scalliwag directors would still have been able to fiddle the system and award themselves undeserved cheating bonuses? Just so i understand the level of your creepiness- you are saying the property owners do not have to have any appreciation of where the money came from to bail them out and what sacrifices society had to make for them? The directors of said co.s and crown estate and big landlords who woud otherwise have had to sell their assets to pay the bills at the un bailed out price can now say they received no benefit from the bail out? Psychologists could surely describe such delusion
Please don't stir me to post a lot with your very poor logic. My cgt went from 18% to 28% - what for?
So the landlords can not invest or invent anything and rip off the tax payer or only invest if tax payer underwrites everything ? Or get togehter and say we're untouchable ''royalist masons'' or 'the property boosting club'' vital for the country? More self deception?
better not say that this has been going on for decades? I think you lot can seem so smug you've nobbled the political system and small print give you a 'license to cheat'. We'll i'm not impressed and i think my generation has to get to the bottom of this while we're still here. Because it could get worse and anybody complaining will disappear or disappear when visit the visa centre!
Will ignore your reply for 7 days.....(it will be difficult!!!)
enjoying Cernobyl but what have Ruperts carbon foot print been over his life? What has CF of all royals everywhere been ?
Of Saudi or any mid east leaders? And then what have they done for the tax payer?? Answers please (cold hard cash or improvements or helping the future? Are they really trying hard or honestly enough. Is bail out of property assets by tax payer for their assets fair? Can property lawyers charge more if property prices higher? Have they benefitted? Do they like you like to pretend they did it all themselves?
I'll have a cappucino -ATB
sorry mate , what you spout are not facts.
property and sites were completely rescued by taxpayer at expense of rational green energy infrastructure investment and by unfair thoughtless imposition of austerity on the innocent population
The property owning establishment, their lobbies, crown estate have shown by this huge theft and non- return that they are absolute scallwags and unfit for purpose in 21C.
Facts- directors took the bail out and paid themselves off the scale cheating bonuses. Fact- they did this and organised it with aforethought long before they considered giving return to hard up shareholders. Fact- landlords should not have been completely bailed out. Fact- if houses need to be built we'll get somebody else. Fact- reputation of big landlords and crown estate , religious property owners etc is completely shot and the reputation of their stooge politicians too. Fact- elite volunteered no pay cuts when their country was in deep trouble. Fact- elite invest little of their own money. Fact- for infrastructure projects they only seem to go ahead after banks have worked out how the landowner is going to be over paid and tax payer over charged (then it's a goer and they think they are clever!) Fact- as Billy says building sector even managed to get more tax payer help (which takes more money away)
Conclusion- big landlords and their cronies can not be trusted to build what we need. They have conspired (lack of intelligence silent) to organise society so their assets never suffer losses and they never have to contribute thought, action or especially money. Disgraceful and i think all the bonuses any building co or building supply directors paid themselves must be recovered in full. the persimmon bonus scandal is the absolute proof that the system is arrogant and bent. Directors actions here analogous to petty criminals. IMO some lobbies poss masons still lobbying to disguise this and let some of them buy gongs etc and that's another reason to strongly complain IMO
Need to freeze 50% of big landlords assets and replace up to 50% of politicians with scientists/engineers. Fine media and sack quite a few from lack of intelligence for not protecting the country.
ignore the general and very valid points i am trying to make. Look at all the builder and building supply co share prices 2008/9. The system was completely (see previous) rescued by austerity and the theft of Gov funds/capacity to build the things the next generation will need. Sites were worth 10% if anything
Spurious of you to try and present a lazy lawyers version of events. Property and site prices were completely bailed out. Nobody was making any profit (big profits) until they were. Austerity could have been a lot less harsh if the landlords had had to sell assets at the 'crash' price and not be completely rescued. Lobbies (see previous) must have been involved to favour the landlords position in society and completely cut the legs of rational green energy investment. So big profits were made on the back of this misery and nobbling of democracy and the directors of the aforementioned showed what brass necks they had and paid themselves undeserved bonuses. Psn was one of the very worst.
The general point i keep trying to make is that we would all be much better off if these lobbies were reduced dramatically and tax payer funds were substantially recovered from the beneficiaries of these small minded lobbies, back dated to 2008/9 and charged at 4% with special powers granted to HMRC to seize up to 50% of assets home or abroad and recover the cheating bonuses in full. 'If' the masonic club is involved then it be dismantled.
you say you invest here but i invested massively in the bailout and it has simply been appalling where the money has gone. I cannot be alone. My generation and the next has been pauperised because of the sheer bias of the political system away from science and progress and the unchallenged arrogance of the property sector incl the crown estate, big landlords, property lawyers, lenders, bailiffs etc etc
I want my taxes to be fair. I want to live to make the country better, safer more stable etc with lots more opportunities and economic diversity for shock proofness. I don't want to be in the business of making shoe boxes extremely expensive and very profitable (no doubt) and this be the only game in town because quite simply you lot cannot be trusted be of any real help to society the way you are currently operating. And lots of small builders can do a better job supplying housing.
Nice talking to you. Going to watch recorded movie so i can skip all the ever increasing day time gambling adds. the same media will give us good facts???!!! Mind you they did catch up with JF. Will they uncover the level of increased wages to directors in property related sectors incl admin of crown estate?
no facts from you only character assanations like an office bully
Look at psn and other builder and building supply share prices 2008/9 - ok what do you see. Facts please but you want me to explain everything to you. To justify something to you - who do you think you are?
The former companies were rescued (completely because nobbled political system refused to build in tax payer pay back mechanisms) because the banks and bank lending and mortgages were rescued - do you follow?
The political system under the lobbies like property lawyers, masons, crown estate, big landlord political donors was influenced to not build in repayment to the tax payer and the tax payer was screwed.
The directors of these companies criminally exploited this lack of supervision to pay themselves outrageous undeserved 'bonuses' according to any usual measures of what deserves a bonus
I don't want to post here so much but your attitude is arrogant to say the least.
Do you deny climate change? Why does property have to be bailed out taking away so much money from rational green energy projects that should have been started decades ago? You waiting for some undeveloped economy to solve the worlds problems for you?? You happy Gb not leading and showing an example?? (and us not proud of our ingenuity)
I've heard all the pathetic excuses that often tax avoiders and business owners use such like 'my employees pay NI and tax' (so that justifies them paying no tax!!) You think tax payer should be happy with tax on the cheating bonuses
or a donation to charity out of it?? absolute rubbish-disruptive nonsense, heard it all before
To me the objectionable thing is that the landlords and property sector think they are more important than anything else. They can lobby for austerity on their behalf. They can run off with all the money and squash all the good intentions and nobble the media and mobilise an army of property dependent (masonic?) quislings to disrupt on their behalf. You're not a gentleman are you?
You can see that from the level of the tax payer rescue that former co.s were approx 90% rescued. A fair deal would be they owe 50% now to the tax payer at 4% from 2008/9. And legislation to recover fraudulent bonuses
you ask me to reply to your false statement- interesting. Refer you to an earlier post
listening to you guys it's all a little creepy?
retired banker- what would your pension be if banking and property prices not rescued by austerity and the grand theft of a generations wealth and the theft of a societies ability to plan a sensible future
Psn have reserves- yes because they were completely bailed out by nobbled political system and then directors paid themselves ''your special dividend''. their landbanks were worth approx 90% less before bail out (because banks were in meltdown and no loans were available for speculation so value was cash price at that moment- your answer?)
Nobody is against profit or bonuses when deserved but these building companies and building supply co directors have taken the lifeboats of money that the tax payer loaned them and said 'thanks we'll take that because we're worth it!''
Extraordinary behaviour equivalent to someone on benefits buying a hotel in the caribbean! (ask again whether psychological testing would be appropriate?)
i'm not surprised a lot of misguided royalist masonic types are trying to rewrite history. You get away with it so often it seems
If we take it that landlords are allowed take 100's of billions of tax payer funds away from rational projects and never repay it ( the lump sum and not over say 50 years or more in (ab)normal business activity- another answer?) the question is where does the money come from for green energy and infrastructure bearing in mind the clearly nobbled political system and the huge property lawyer, crown estate, landlord political donors, etc lobbies
Answer: the taxpayers will be squashed again ( i hope not , i'd rather the landlords incl crown estate recognised their debt to the taxpayer (1) and recognised their obligations to 21C(2) and pulled their weight (3) or have it belatedly taken back from them - 50% of assets charged at 4% interest from 2008/9 - another answer) and if possible more funds will flow into the hands of those who don't invest or invent but are backward and feudally minded. The media will not cover it accurately ( are they told not to? I'm sure they know the numbers?) and will continue to push gambling to children. lack of intelligence will do nothing but will stake out the fellow who takes £500 from a collection box or something (who will be sent for psychological testing?). Military aware that wars are largely economic will in this case not understand the issue.
Religion ditto
Conclusion: the last few posters attempt to disguise what has happened is against everything the 21C should stand for. perhaps you all should think a little more deeply about it because if what has happened post 2008/9 is buried what could happen later will be a lot worse.
Sorry if your masonic world is shaking a bit. I'd happily work for nothing to help people but you guys just want to run off with the money . Victorian masons were far far better at their jobs?
so political system has to say give the money back and meanwhile we freeze 50% of landlords assets incl crown estate (you were 90% bailed out) , and assets abroad completely frozen and recovered by HMRC. We use these assets to build the new economy and empower the people who try or want to try honestly to provide for the next generation.
The behaviour of big landlords post 2008/9 is honestly written up as being disgraceful
Intelligence, military and media apologise (and change a few top people)
Also HMRC could stop saying contact your MP if not happy about austerity because it's a bit insulting bearing in mind how evident it is political system has been nobbled by landlords, tax avoiders etc
i think it's very important to remember that these companies were completely rescued by austerity. My cgt went from 18% to 28% and was crippling. I was trying to help the economy but look at what has been done with the austerity from me and others. Directors paid themselves bonuses! (no thanks or pay tax payer back) Crown estate repared palaces. I was not born to help the crown estate. It's so insulting. These landlords that have pocketed the austerity have no shame and cloak themselves in religion and nationalism. It's a little like the gentlemen v the players scenario that used to prevail in sport . The landlords are essentially saying they are allowed run off with as much tax payer money and hardship as they want to because in some way they are 'good' players. Like i said before i don't want masons or property lawyers or landlords or developers doing so well for themselves from austerity and those people being so devious and narrow minded and non-contributing, non inventing, non investing, backward looking, and vain, and tax avoiding, non scientific. capable of summoning mumbo jumbo (prophet job? really that's all we need TMT. I was rescued by modern science and no amount of praying (or donations for next world) would have helped).
I wanted a diverse economy. I think the landlords forget that it was the diverse economy that rescued them ( as they ready their processions , good marriages fine clothes)
lets say that people like Blair, Brown, Cameron, BJ , May primarily represent the interests of the landlords.Why is that a responsible way to behave when they caused such grief and have been so disastrously expensive to rescue. And they caused a massive delay to build the things we should have started decades ago. And you guys just come on here like nothing happened. Are you plants?
An imaginary conversation in a merchant bank/Goldman etc type institution
'Former high politician we or rather our clients (ahem) would like to know if the house builders will logically face any measures to recover the bail out ?
' Haven't heard anything yet. Big lobbies against it I hear'
' But what about the incredibly unfair director bonuses. Isn't there outrage?'
'It won't get covered in my view'
'So our clients are good to go with investments in this sector? (a nod) Brilliant , you can work from home the rest of the year (wink). END
And the point about do they invest after they have all been bailed out. Emphatically no they don't. They hold on to the mountains of cash and use it to turn screw back to medieval times. Military and intelligence are flummoxed because their economic advisors can't or won't work it out and fundamentally couldn't operate a market stall better than anyone else.
Getting anything back off the landlords(already a decade waiting) will be like getting water from a stone. Everything so slow and so 'impossible' for them to contemplate' and let's delay more (they say) until the politicians can be changed,delay until 'forgot
yes maybe they will float a few more companies that aare promoted to be good for shareholders but will be only good for directors and some behind scenes?
oh come on , it's all totally ridiculous
i've posted it so many times. ok lets have a coffee and you convince me i'm not being reasonable!! and you are the voice of reason
My last post knocked it out of the park imo
remember 2003 i had slob from lack of intelligence blowing smoke in face. Let's say you have a small argument for totally rescuing banks and property at expense of rational green energy and future economic prospects (devil's advocate here!) . Ok you rescued . Now do you invest or invent??? Emphatically no. That is where your whole position would crumble. You adn building supply directors and big landlords ran off with all the money.
Big landlords deserve no respect for this and no allegiance. I personally want the 21C not masons, ancient prophets, or bufo bufo or whatever especially when these medieval structures are hampering progress. I know a lot over here have essentially been brain washed that it is the only way which is very unfortunate and leads to the rip off bonuses and people thinking they will get away with it or it won't be highlighted or a few million will buy a gong or a few splendiferous processions will convince people they were wrong to expect 21C type investing from establishment and further that they must not complain about the theft of tax payer money to bail out the property assets.
What about if we had started building the new economy in 2003. Deals would have had to be honoured so there would have been less to rescue landlords by the nobbled political system and we would all have been better off- fact.
refer to previous posts and also bbc report from think tank saying(can't see liknk anymore) among ohter things that there is growing perception that big wealth is being got from taking not making - does that sound familiar!!
the psn bonus scandal is the absolute proof that establishment do not pull their weight and even worse with them holding on to bailout austerity cash it strongly looks like the opposite to me
But can and should be rectified (previous post) . P.S would always have a coffee with anybody...
listening to you guys it's all a little creepy?
retired banker- what would your pension be if banking and property prices not rescued by austerity and the grand theft of a generations wealth and the theft of a societies ability to plan a sensible future
Psn have reserves- yes because they were completely bailed out by nobbled political system and then directors paid themselves ''your special dividend''. their landbanks were worth approx 90% less before bail out
Nobody is against profit or bonuses when deserved but these building companies and building supply co directors have taken the lifeboats of money that the tax payer loaned them and said 'thanks we'll take that because we're worth it!''
Extraordinary behaviour equivalent to someone on benefits buying a hotel in the caribbean!
i'm not surprised a lot of misguided royalist masonic types are trying to rewrite history. You get away with it so often it seems
If we take it that landlords are allowed take 100's of billions of tax payer funds away from rational projects and never repay it the question is where does the money come from for green energy and infrastructure bearing in mind the clearly nobbled political system and the huge property lawyer, crown estate, landlord political donors, etc lobbies
Answer: the taxpayers will be squashed again and if possible more funds will flow into the hands of those who don't invest or invent but are backward and feudally minded. The media will not cover it accurately and will continue to push gambling to children. lack of intelligence will do nothing but will stake out the fellow who takes £500 from a collection box or something. Military aware that wars are largely economic will in this case not understand the issue.
Religion ditto
Conclusion: the last few posters attempt to disguise what has happened is against everything the 21C should stand for. perhaps you all should think a little more deeply about it because if what has happened post 2008/9 is buried what could happen later will be a lot worse.
the question is how the political system which has been nobbled in favour of the big landlords /developers is being allowed get away with the biggest heist and most dishonourable action ever committed against the tax payer possibly in history
see previous posts. IMO a crime has been committed. Nobody voted for this and nobody expects it. The landlords/property owners have effectively said that their asset values are more important than progress or future economic options.
They are never going to invest. There is no such thing as trickle down. They are never going to invent.
So many involved and so many now shown to be thoroughly unBritish and capable of displaying the lowest money grubbing ideals
Big landlords, crown estate, property lawyers, masons, public school&banker politics
Give back austerity. landlords suffer losses and have to sell assets into market not be completely rescued by friends, get back all fraudulent bonuses from wherever they are now hiding, Landlords start contributing as per the hymns they sing? I hope to throw citizenship in bin because i'm so disgusted with you all. Cheating and pretending to follow rules. Protecting yourselves with poor media and/or legal enquiries who can display logic which termites might find impressive but humans are repulsed by (limited scope enquiries??)
Officers surrounded a pink boat in Oxford Circus as actress Dame Emma Thompson told activists her generation had "failed young people"
A quick recap of the ''creepy generations'' actions
Tony Blair and GB selling house price rises to stay in power
2008/9 crash
No pay cuts by establishment. DC with banker advise turns austerity screw. Another classic banker-public school combination!
Palaces repaired as austerity bites
No green energy investment by rich/ landlords/tax avoiders/ leaders
Instead and even worse they used the nobbled political system to run off with a generations wealth to bail out their own assets
This also disgracefully cut the legs off green investment. Lots hasn't been built that needed to be and lots 'market' failed because eg cgt went to 28% etc which kills market but allows those who have benefitted from the 'nobble' to pretend they made wise investments
Building and building supply companies realising they are bailed out quickly write bonus plans for their directors.
Crown estate celebrates return to profitability
People did not vote for this behaviour. They don't expect or want it. We need a political system which will do the right thing and stand against this
Media guilty. lack of intelligence guilty. And of course read the small print because anybody pointing out the blindingly obvous unbritish behaviour will likely be reminded it 'was' politically authorised. It is legitimate therefore!!!
And you sir are a low born trouble maker!!
Not to late to reverse it with measures as per previous.
Everybody knows the longer a problem is ignored and not tackled the more expensive it gets. 2003 i had slob from lack of intelligence blowing smoke in face. We should have started then and lots of people contribute and go without to do so.
from a BURU ENERGY bb
If Butler comes in Yulleroo is irrelevant for a long time into the future.
Butler -if it goes according to plan-will be a major congas discovery that makes all of our fracking fluid a gift for Eric.
On that ,the Butler sands are within the basin centred gas which is essentially gas saturated.So I can understand why so much interest in getting it drilled.
www.youtube.com/watch?time_continue=273&v=EzCqgb6-vFI
from 4:47
gday filbert
we're all on walkabout here. With luck will all be found for pantomime season!