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Debate House Prices
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Possible Tax Cuts on the way
Comments
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That is what is known...we're only finding out the true extent of the situation as repossesions grow. Fraud was widespread and even mortgage advisors of well known banks were caught out - they were filmed.
Great to see that you've gone from denial to acceptance within an hour. The only people that you're dissapointing is your own ghetto chums.
Don't worry - any posts where he said something later proved totally wrong will soon disappear, as if by magic :rolleyes:
Chucky is a very needy sort, despite the bluster and he doesn't like to look the fool.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
That is what is known...we're only finding out the true extent of the situation as repossesions grow. Fraud was widespread and even mortgage advisors of well known banks were caught out - they were filmed.
Great to see that you've gone from denial to acceptance within an hour. The only people that you're dissapointing is your own ghetto chums.
i have never denied that mortgage fraud didn't exist - of course it has to exist.
0.00003% of the total value isn't the same as what you have said "that the economy is built on fraud". i doubt if it will ever even get to 3 decimal places so that shut's sweeping statement completely down.0 -
Don't worry - any posts where he said something later proved totally wrong will soon disappear, as if by magic :rolleyes:
Chucky is a very needy sort, despite the bluster and he doesn't like to look the fool.
here's the info i posted, anything constructive to say on the topic or are you trying to distract attention from yourself again...
just looked at the links and the amount was £40mm from the Times link. that isn't exactly a huge amount is it.
the value of UK mortgages is £1,216,728,000,000, that mortgage fraud is 0.00003% of the total value
value of UK mortgages was from here - http://news.bbc.co.uk/2/hi/business/7641535.stm
your comment that the economy is built on fraud isn't exactly accurate though - 0.00003% of the UK Mortgages is a very small amount. as i've said on previous links it will alawys happen but not on a wide scale. sorry to dissapoint...0 -
i have never denied that mortgage fraud didn't exist - of course it has to exist.
0.00003% of the total value isn't the same as what you have said "that the economy is built on fraud". i doubt if it will ever even get to 3 decimal places so that shut's sweeping statement completely down.
err no it hasn't - that is what was 'known' in 2006. In fact everything I have written has shut your sweeping statements down! And how can I tell? Well you resort to personal insults!
Go away now - you've been owned!0 -
here's the info i posted, anything constructive to say on the topic or are you trying to distract attention from yourself again...
just looked at the links and the amount was £40mm from the Times link. that isn't exactly a huge amount is it.
the value of UK mortgages is £1,216,728,000,000, that mortgage fraud is 0.00003% of the total value
value of UK mortgages was from here - http://news.bbc.co.uk/2/hi/business/7641535.stm
your comment that the economy is built on fraud isn't exactly accurate though - 0.00003% of the UK Mortgages is a very small amount. as i've said on previous links it will alawys happen but not on a wide scale. sorry to dissapoint...
owned!
:j :rotfl: :T 0 -
Don't worry - any posts where he said something later proved totally wrong will soon disappear, as if by magic :rolleyes:
Chucky is a very needy sort, despite the bluster and he doesn't like to look the fool.
Like the court jester really. The guy is so full of aggression it makes you wonder what it was that made him so bitter. Probably the amount of times he's been OWNED on these here forums! 0 -
drbeat - aggression!? i'm pretty chilled. just like to highlight the rubbish that the usual failed people post on this site.
just remember that 0.00003% of UK Mortgages were based on fraud; not as you say "that the economy is built on mortgage fraud"
your life has been a misfortune so far - your parents must be quite disappointed... i'm sorry for you too...0 -
Why dont they follow the Lib dem idea and tax higher earners more? This would allow for a tax cut without the need for further borrowing
50% for the top earners and a reduction down to 16% for BR earners.
I wouldn't class £41k earnings as high earnings though so they would have to adjust the band upto say i would say £80-100K for 50% taxation. Perhaps a 30% tax band for £45-80k
They do it in other countries, why not this 1?
They also need to close all these tax avoidance loopholes that the super rich exploit.
It would be good to see an income tax cut but i can't see it personally. I can only imagine that it will be the benefit brigade that will be rewarded (again) and it will be the worker who will get bent over when the pre budget report is broadcast. We do have a labour government afterall.
Why, do you earn 41k?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
just remember that 0.00003% of UK Mortgages were based on fraud; not as you say "that the economy is built on mortgage fraud"
Here's what I said:
an economy built on personal debt, credit fraud and govt mis-management?
pwned again! You should change your name to 'Chuckle' cos' yer certainly giving us all a chuckle with your self-owning bile!0
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