Member Info for jings100

Not sure what influence we have in the EU or anywhere else . Wish our net contribution was just £9 million , might make more sense . The days of the Raj and empire well and truly over but the memory lingers on . Another day that'll have had long term investors biting their fingernails .

A few weeks ago when we suggested to The Traveller that cash might be a good place to be I stated that this downtrend looked as if it had further to fall . Still looks that way to me . Market sentiment hasn't improved and globally things aint changed much , not for the better anyway . Hate to think this could get anywhere near 200p and don't think it will, but ,there may be other negative global events that crop up , who knows , that's the nature of the market I'm afraid . On the other hand things could reverse fairly quickly , you never know .

Good news ......had a win on the euromillions lottery on Friday ....£2.50 . EU Referendum .......Have to admit there are many things I don't like about membership but like the Scottish vote it will no doubt be reduced to a mainly economic argument . From the admittedly limited research I've done it would appear that we're better off in . Whether for the majority , that's enough to compensate for what we lose out on is hard to say , personally I would prefer to have control over our laws , boundaries and finances , difficult to pick and choose if we're a member of the club .

Nope ...as far as I know EU citizens won't have a vote but people who are part of the commonwealth , both past and present , will . Strange I know but it is what it is .

Have to admit while I'm still a bit undecided I would imagine the priorities of the Japanese car manufacturers might change if their costs increased .

I'm sure you didn't mean it but that sounded a lot like we'll pay you to take away the problem . Bit like land fill . While I can understand the reasoning not sure what countries you think might be amenable.

Hi mailman .....we could be hit with higher costs in both directions , import and export , depends on what's negotiated but initially I think the answer would be yes . I can't see us leaving but stranger things have happened.

Have to admit not something I'd ever thought about , perhaps as more and more people get their fifteen minutes of fame in the media and on the net we'll see an increase in that figure . Seems to be stats on everything these days.

Nice post ......second that and lets not forget Frank Finlay , fine British actor .......2 in one day , as you say it's been a hellish month .

Seems to be an unending stream of bad news at the moment . Wish I could say this is as low as it's going to get but who knows . ........Hope your enjoying the boat even if you are deep in the **** at the moment .Take care ATB

Seems to be an unending stream of bad news at the moment . Wish I could say this is as low as it's going to get but who knows . ........Hope your enjoying the boat even if you are deep in the **** at the moment .Take care ATB

Good news ........hopefully.

Pedantry aside ,your right .

While the oil price , China ,slow down in the global economy are all factors in the recent stockmarket fall , the catalyst seems to have been the Fed raising interest rates in December . Fingers crossed that at the current meeting , 26 / 27th , they'll delay any further increases .

You have my complete sympathy ,hope it works out for you . They should have better things to do but I suspect pressure coming from on high means the man in the street is going to suffer most ..........maybe I'm being too cynical !!

Totally agree but don't think there's a legal framework that would allow them to do it . As soon as the government got back into office without the deterrent of the LibDems , they changed the regulation that allowed them to charge senior bankers . I suspect if they brought it in for all companies it would be small and medium size businesses that they would target . So much easier and cheaper than trying to target the big boys . Wonder how much it's cost the taxpayer to squeeze Google . £130 million drop in the ocean considering it's over a number of years , Facebook seemingly paid £4000 last year . .....I'd be banned from the board if I posted what I'd like to post , lol.

Full marks for persistance .Think the main objection is that , unlike Gordon Brown who used the money to purchase interest paying bonds that the government still receives income from , once these public assets are gone they're unlikely to be replaced . Did a bit of research into this idea last time you mentioned it , seems that a number of local councils have already been doing this however current government regulation means that the proceeds of these sales have to be used for cultural purposes not for reducing the national debt but fear not , Osborne has every intention of reducing the national debt by selling off " public " assets , just not the one's your proposing . If you want a list have a look at UKAR and SHex ( the shareholder executive ) . ATB

We’ve known since 1993 that derivatives such as credit default swaps – if not reined in – could take down the economy. And see this. We’ve known since 1998 that crony capitalism destroys even the strongest economies, and that economies that are capitalist in name only need major reforms to create accountability and competitive markets. We’ve known since 2007 or earlier that lax oversight of hedge funds could blow up the economy. And we knew before the 2008 financial crash and subsequent bailouts that: The easy credit policy of the Fed and other central banks, the failure to regulate the shadow banking system, and “the use of gimmicks and palliatives” by central banks hurt the economy Anything other than (1) letting asset prices fall to their true market value, (2) increasing savings rates, and (3) forcing companies to write off bad debts “will only make things worse” Bailouts of big banks harm the economy The Fed and other central banks were simply transferring risk from private banks to governments, which could lead to a sovereign debt crisis Postscript: Those who fail to learn from history are doomed to repeat it … and we’ve known that for a long time.

We’ve known for hundreds of years that companies will try to pawn their debts off on governments, and that it is a huge mistake for governments to allow corporate debt to be backstopped by government. We’ve known for centuries that powerful people – unless held to account – will get together and steal from everyone else. We’ve known for hundreds of years that standing armies and warmongering harm Western civilization. We’ve known for over 300 years that going into debt to pay for war ruins any nation. We’ve known for 200 years that allowing private banks to control credit creation eventually destroys the nation’s prosperity. We’ve known for two centuries that a fiat money system – where the money supply is not pegged to anything real – is harmful in the long-run. We’ve known for 200 years that a two-party system quickly becomes corrupted. We’ve known for over a century that torture produces false and useless information. We’ve known since the 1930s Great Depression that separating depository banking from speculative investment banking is key to economic stability. See this, this, this and this. We’ve known for 80 years that inflation is a hidden tax. We’ve known for 79 years that war is a racket that benefits the elites but harms everyone else.

Came across this yesterday , bit on the long side but the boards quiet . This Crisis Was Foreseeable … Thousands of Years Ago Posted on November 18, 2014 by WashingtonsBlog Economists, Military Strategists and Others Warned Us … Long Ago We’ve known for 5,000 years that mass spying on one’s own people is always aimed at grabbing power and crushing dissent, not protecting us from bad guys. We’ve known for 4,000 years that debts need to be periodically written down, or the entire economy will collapse. And see this. We’ve known for 2,500 years that prolonged war bankrupts an economy. We’ve known for 2,000 years that wars are based on lies. We’ve known for 1,900 years that runaway inequality destroys societies. We’ve known for thousands of years that debasing currencies leads to economic collapse. We’ve known for millennia that torture is a form of terrorism. We’ve known for thousands of years that – when criminals are not punished – crime spreads. We’ve known for hundreds of years that the failure to punish financial fraud destroys economies, as it destroys all trust in the financial system. We’ve known for centuries that monopolies and the political influence which accompanies too much power in too few hands are dangerous for free markets.