Member Info for Love_You

The financial system has been completey broken by greed and corruption.

https://www.entitledto.co.uk/blog/2019/january/older-mixed-age-couples-need-to-check-their-benefit-entitlement-now/

For example if you reach 65 on 20th May 2019, instead of the 10th May 2019, and you claim pension credit (if you are entitled to it) ... then for those reaching 65 on May 2019 with a younger partner, they will get £255 per week for the rest of their lives. But those reaching age 65 on May 20th 2019 would only get £114 per week for the rest of their lives. If we assume both people live for another 20 years then the difference in their incomes due to being born 10 days apart would be £146,640 - or in effect the cost of a small house or decent-sized apartment.

The government is just as incompetent as the bankers - it would be easy to just calculate all of these benefits on a sliding scale or pro-rata - hence a small difference in age would mean a small difference in entitlement, getting larger as the age difference grows. It's just a sign of a system designed by someone who is not very good with numbers and it will f*ck the economy to leave such innumerate people in charge of setting financial policies/levels of financial payments - for gawd's sake we have thousands of engineering and maths graduates coming out of UK universities each year - why can't local councils but these people in charge of designing payments - they would have no trouble understanding what pro-rata, proportional, or any other sensible mathematical function, is.

If you haven't got a PhD in maths or engineering you shouldn't be let anywhere near designing either council policies or government policies - otherwise you end up with huge injustices and the stupidity that someone born just a day later could end up £146,000 worse off during their retirement just by being born a day different to their neighbour.

Why even waste your time talking to the low lives in the House of Commons who can't even be bothered to take the time to find out of the wrongs going on within society as Oxo has kindly done (sorry to hear that story Oxo as it sounds a sad case of something not right in those people's thinking/behaviour).

Anyway, as I was saying, I only get one life and I assume all you on here also do. Therefore I would think every carefully before you waste even a single day of it. When you meet people who you can work together with so that everyone contributes something, and everyone takes a share (i.e. everyone gains), then you can enjoy every single day of your life and be better off every single day of your life.

However, nobody in the HoC seems to have a win-win mentality - so I would just avoid even talking to people like that. Just create a WhatsApp group amongst yourselves/ourselves and just trade with each other - I don't care even if Horatio Antonio pays himself £50 million per year - it is not smart as anyone can play at that game of constantly inflating one's own salary - however if he ever came to my café he would find the bill based on the rate of inflation that he applies to his world - so it would be £1.3 million paid in cash in advance for a sandwich - maybe one day he will come to me hungry like the million UK citizens he doesn't care about living on food banks. Luckily for Antonia he would get a sandwich off me - but fair's far and anyway can play at inflation, so the cost would be £1.3 million paid in cash in advance, thank you very much you imbecile Antonio.

Gate13Boy,

Of course investors in Lloyds are exasperated, you come across as having no empathy? Want to come in a room with everyone who's spent money on supporting the UK economy to receive nothing but losses and fraud in return?

The UK economy is a joke - just look at it - big changes needed - I support Wids as he is for a wholesale clearing out and getting back to applying common sense - we don't need all these risk managers/marketing assistants earning £80k a year, school's are crumbling, roads are even worse - what we need is more businesses doing useful productive jobs - there's no point in record employment if that just means millions of people sitting in offices shuffling papers and looking at what colour the background for the next advert should be. Come on Wids - apply some common sense and get the bankers to lend to companies who are going to resurface the roads / rebuild/restore school, and to people who are going to set up food production and other businesses in the UK.

What I find remarkable is that despite the shareholders here giving away over £20 billion in PPI refunds that the business itself (the bank) still can't make increasing profits with which to pay increasing dividends
.

I think you've been had - give £20 billion away and get sod all in return - what a con.

Personally I think the only answer is to vote Labour at the next general election - the Cons have conned us - so maybe in an ironic twist the shareholders here will actually find the economy more rewarding under a Labour government.

What I find remarkable is that despite the shareholders here giving away over £20 billion in PPI refunds that the business itself (the bank) still can't make increasing profits with which to pay increasing dividends.

I think you've been had - give £20 billion away and get sod all in return - what a con.

The oil price depends on how much money the global masses are spending on petrol/diesel.

Well 90% of Indian currency was removed in 2016 at the behest of the corrupt Indian government.

In 2016 when oil was at its nadir that there were massive petrol/diesel price increases for consumers in Venezuela Iraq, Saudi Arabia.

Also when oil was $30 per barrel in 2016 what were petrol/diesel prices in Europe/UK? The answer is that they were higher than when oil was $60 a barrel back in 2006.

Hence you can see it is complete financial manipulation by governments - consistently increasing the cost of fuel in every country except the USA - and yet at the same time keeping the crude oil price low to discourage new investment in new fields/new supplies.

The whole problem with the UK economy is that banks aren't lending anything to ordinary people who just want to develop a small business which is based on sound principles and not some unworkable or get-rich-quick scheme.

But the ability to borrow from the banks to invest in enterprise is almost none existent in the UK (and probably much of the rest of the world apart from the USA)

Hence there are only two options really if you are a long-term investor/equity holder in the oil-and-gas sector:

(1) Your equity will gradually become worthless if governments are allowed to continue killing off the masses and not lending any money into the "real economy."

(2) The oil industry can support a revolution to ensure that businesses which benefit the oil industry are able to access greater financing - and I mean "benefit the oil industry in the widest sense" - everything from catering to providing the rig workers with holidays/vacations.

The oil price depends on how much money
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the global masses are spending on petrol/diesel.

Well 90% of Indian currency was removed in 2016 at the behest of the corrupt Indian government.

In 2016 when oil was at its nadir that there were massive petrol/diesel price increases for consumers in Venezuela Iraq, Saudi Arabia.

Also when oil was $30 per barrel in 2016 what were petrol/diesel prices in Europe/UK? The answer is that they were higher than when oil was $60 a barrel back in 2006.

Hence you can see it is complete financial manipulation by governments - consistently increasing the cost of fuel in every country except the USA - and yet at the same time keeping the crude oil price low to discourage new investment in new fields/new supplies.

The whole problem with the UK economy is that banks aren't lending anything to ordinary people who just want to develop a small business which is based on sound principles and not some unworkable or get-rich-quick scheme.

But the ability to borrow from the banks to invest in enterprise is almost none existent in the UK (and probably much of the rest of the world apart from the USA)

Hence there are only two options really if you are a long-term investor/equity holder in the oil-and-gas sector:

(1) Your equity will gradually become worthless if governments are allowed to continue killing off the masses and not lending any money into the "real economy."

(2) The oil industry can support a revolution to ensure that businesses which benefit the oil industry are able to access greater financing - and I mean "benefit the oil industry in the widest sense" - everything from catering to providing the rig workers with holidays/vacations.

The oil price depends on how much money the global masses are spending on petrol/diesel.

Well 90% of Indian currency was removed in 2016 at the behest of the corrupt Indian government.

It can't have been coincidence that in 2016 when oil was at its nadir that there were massive petrol/diesel price increases for consumers were in Venezuela Iraq, Saudi Arabia.

Also when oil was $30 per barrel in 2016 what were petrol/diesel prices in Europe/UK? The answer is that they were higher than when oil was $60 a barrel back in 2006.

Hence you can see it is complete financial manipulation by governments - consistently increasing the cost of fuel in every country except the USA - and yet at the same time keeping the crude oil price low to discourage new investment in new fields/new supplies.

The whole problem with the UK economy is that banks aren't lending anything to ordinary people who just want to develop a small business which is based on sound principles and not some unworkable or get-rich-quick scheme.

But the ability to borrow from the banks to invest in enterprise is almost none existent in the UK (and probably much of the rest of the world apart from the USA)

Hence there are only two options really if you are a long-term investor/equity holder in the oil-and-gas sector:

(1) Your equity will gradually become worthless if governments are allowed to continue killing off the masses and not lending any money into the "real economy."

(2) The oil industry can support a revolution to ensure that businesses which benefit the oil industry are able to access greater financing - and I mean "benefit the oil industry in the widest sense" - everything from catering to providing the rig workers with holidays/vacations.

The oil price depends on how much money the global masses are spending on petrol/diesel.

Well 90% of Indian currency was removed in 2016 at the behest of the corrupt Indian government.

It can't have been coincidence that in 2016 when oil was at its nadir that there were massive petrol/diesel price increases for consumers were in Venezuela Iraq, Saudi Arabia.

Also when oil was $30 per barrel in 2016 what were petrol/diesel prices in Europe/UK? The answer is that they were higher than when oil was $60 a barrel back in 2006.

Hence you can see it is complete financial manipulation by governments - consistently increasing the cost of fuel in every country except the USA - and yet at the same time keeping the crude oil price low to discourage new investment in new fields/new supplies.

The whole problem with the UK economy is that banks aren't lending anything to ordinary people who just want to develop a small business which is based on sound principles and not some unworkable or get-rich-quick scheme. But the ability to borrow from the banks to invest in enterprise is almost none existent in the UK (and probably much of the rest of the world apart from the USA) - hence there are only two options really if you are a long-term investor/equity holder in the oil-and-gas sector:

(1) Your equity will gradually become worthless if governments are allowed to continue killing off the masses and not lending any money into the "real economy."
(2) The oil industry can support a revolution to ensure that businesses which benefit the oil industry are able to access greater financing - and I mean "benefit the oil industry in the widest sense" - everything from catering to providing the rig workers with fantastic five star holidays.

Also, CO2 only makes up 0.04% of the atmosphere, so even if carbon dioxide levels doubled it would still make up less than 1% of the atmosphere on Earth.

Letting my frustrations out at UK banks as they just seem devoid of any desire to fund socially responsible/entrepreneurial projects which could really generate something novel/worthwhile within the UK economy. And then the LSE keeps inserting "Advertising" into my posts and I end up reposting - however mainly it's because I perceive the UK banks are completely devoid of any reaching out to seek out the best business ideas/entrepreneurs for the future. Come on - UK banks can do better - can present themselves as being more ideas driven, less risk averse, and more open for business!

I have a perfectly good business idea which I think would perhaps provide a return on capital of at least 100% per year on average for the first five year (as the product is almost none existent and I will be the only supplier to an extremely wealthy market).

However is there any chance of raising finance from RBS? - I don't believe so as they never seem to talk about growing the UK economy - all talk is about destroying the oil industry (which is so depressing for business owners to hear and generally gives the bank a bad name that they care so little for the UK citizens – so why should anyone care for RBS employees/pensioners/equity holders if you won’t care for the UK’s business community?).

Hence I would question whether this share is even worth 239p if they won't fund the best people/ideas but continue to pour capital into shite businesses and people with business plans that will only generate 10% return per year whilst I have several business ideas which are estimated to generate from 100%-500% per year return on capital employed over the first five-years as an average - and what's more they are going to do social good at the same time - they are going to make people happy - to give people what they want more of - whereas what does this bank do - it's make a lot of people/businesses/investors unhappy that's what it's done!

So I would question whether this bank is sending out the right message to entrepreneurs - is it open for business or closed for business - I have had some of the best ideas in the technology and natural resource sectors over the past few years - yet I perceive this bank to be firmly closed for business and run by a bunch of people who don't care about the lives of ordinary UK citizens.

I have a perfectly good business idea which I think would perhaps provide a return on capital
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of 100% per year as the product is almost none existent and I will be the only supplier to an extremely wealthy market.

However is there any chance of raising finance from RBS? - I don't believe so as they never seem to talk about growing the UK economy - all talk is about destroying the oil industry (which is so depressing for business owners to hear and generally gives the bank a bad name that they care so little for the UK citizens – so why should anyone care for RBS employees/pensioners/equity holders if you won’t care for the UK’s business community?).

Hence I would question whether this share is even worth 239p if they won't fund the best people/ideas but continue to pour capital into shite businesses and people with business plans that will only generate 10% return per year whilst I have several business ideas which are estimated to generate from 100%-500% per year return on capital employed over the first five-years as an average - and what's more they are going to do social good at the same time - they are going to make people happy - to give people what they want more of - whereas what does this bank do - it's make a lot of people/businesses/investors unhappy that's what it's done!

I have a perfectly good business idea which I think would perhaps provide a return on capital of 100% per year as the product is almost none existent and I will be the only supplier to an extremely wealthy market.

However is there any chance of raising finance from RBS? - I don't believe so as they never seem to talk about growing the UK economy - all talk is about destroying the oil industry (which is so depressing for business owners to hear and generally gives the bank a bad name that they care so little for the UK citizens – so why should anyone care for Lloyds staff or equity holders if you won’t care for the UK’s business community?).

Well that's good news (that no overheating of US economy), so therefore Lloyds should be free to provide more finance to new businesses/entrepreneurs.

I have a perfectly good business idea which I think would perhaps provide a return on capital of 100% per year as the product is almost none existent and I will be the only supplier to an extremely wealthy market.

However is there any chance of raising finance from Lloyds bank - I don't believe so as they never seem to talk about growing the UK economy - all talk is about destroying the oil industry (which is so depressing for business owners to hear and generally gives the bank a bad name that they care so little for the UK citizens – so why should anyone care for Lloyds staff or equity holders if you won’t care for the UK’s business community?).

It would be far more ethical to protest against poverty/lack of finance for businesses than it is to protest against offshore shallow-water oil-and-gas development.

These shallow water oil-and-gas fields are the cleanest and easiest available sources of cheap energy. Far cleaner than the tar sands, or the ultra-deep fields which require pushing technological frontiers and vast teams of engineers (as well as huge quantities of steel drilling pipes). Instead shallow water fields offshore Ireland, F.I., Mexico, and undeveloped onshore fields in Uganda and Kenya could easily be financed for development at a far lower cost, compared to financing tar-sands projects and other projects in extremely deep-water or in unstable countries such as Libya, Venezuela and Iraq.

Hence there shouldn't be such an economic squeeze as is going on currently with the high-street dying and business owners committing suicide as they watch their businesses collapse, whilst there are still shallow-water oil fields waiting to be developed such as Barryoe offshore southern Ireland and SeaLion just north of the Falklands.

I would really like to meet someone who thinks they have the moral high-ground when they are choking off citizen's lives due to lack of houses/cars/finance whilst claiming that carbon dioxide is bad for the planet (only 70% of scientists even remotely agree about climate change and even then their predictions massively differ, yet 99.5% of scientists agree that carbon dioxide is plant food and that plants/trees require carbon dioxide to grow and without it they would die).

It would be far more ethical to protest against poverty/lack of finance for business
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than it is to protest against offshore shallow-water oil-and-gas development.

These shallow water oil-and-gas fields are the cleanest and easiest available sources of cheap energy. Far cleaner than the tar sands of the ultra-deep fields which require pushing technological frontiers and vast teams of engineers as well as huge quantities of steel drilling pipes.

Hence there shouldn't be such an economic squeeze as is going on currently with the high-street dying and business owners committing suicide as they watch their businesses collapse, whilst there are still shallow-water oil fields waiting to be developed such as Barryoe offshore southern Ireland and SeaLion just north of the Falklands.

I would really like to meet someone who thinks they have the moral high-ground when they are choking off citizen's lives due to lack of houses/cars/finance whilst claiming that carbon dioxide is bad for the planet (only 70% of scientists even remotely agree about climate change and even then their predictions massively differ, yet 99.5% of scientists agree that carbon dioxide is plant food and that plants/trees require carbon dioxide to grow and without it they would die).

It would be far more ethical to protest against poverty/lack of finance for business than it is to protest against offshore shallow-water oil-and-gas development.

These shallow water oil-and-gas fields are the cleanest and easiest available sources of cheap energy. Far cleaner than the tar sands of the ultra-deep fields which require pushing technological frontiers and vast teams of engineers as well as huge quantities of steel drilling pipes.

Hence there shouldn't be such an economic squeeze as is going on whilst there are still shallow-water oil fields waiting to be developed such as Barryoe offshore southern Ireland and SeaLion just north of the Falklands.

I would really like to meet someone who thinks they have the moral high-ground when they are choking off people's lives due to lack of houses/cars/finance whilst claiming that carbon dioxide is bad for the planet when in fact carbon dioxide is plant food and plants/trees require carbon dioxide to grow and without it they would die.

Paying the investment bankers is just not good value.

I have a perfectly good business idea which I think would perhaps provide a return on capital of 100% per year as the product is almost none existent and I will be the only supplier to an extremely wealthy market.

However is there any chance of raising finance from Barclays - I don't believe so as they never seem to talk about growing the UK economy - all talk is about destroying the oil industry (which is so depressing for business owners to here).

Also the oil industry is not really the problem as carbon dioxide is plant food - it would be better for Barclays to finance the people who protest about people who cut down trees. The oil industry has no interest in cutting down trees and as I said carbon dioxide is plant food and actually gives trees/plants the food they need to grow.

Hence, the greens would be better off focusing on protesting against the rich landowners who want to run their estates on wood-burning stoves - but this will never happen because a lot of the protestors are the children of wealthy landowners whose sad aim in life is preventing the general economic development of deserving/hardworking people within the UK.

What a scummy system Barclays is financing when they have the option to instead focus on growing the UK economy and to actually present a positive message of growth to entrepreneurs/businesses in the UK.

Oil build could be related to the issue that equity holders just don't seem to have any power to ensure that BODs do what is financially rational - i.e. during the low oil prices in 2015 and 2016 many more projects ought to have been cancelled - instead the equity holders watched as they lost 90% of the value in their equity and never managed to get the companies they financed to either cut/stop production or to cut/halt all future development.