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Government to offer loans to buy cars
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That's like an obese person facing medical problems as a result of their lifestyle saying that they intend to move to a more sensible regime of eating and exercise eventually but are intending to continue to pig out in the near term.
The jig is up as regards credit. Time to 'roll the hard six' and cut back and pay it back.
It is a good job you are nowhere near the reigns of power or the economy would be a dead duck for sure :eek: I don't think any sensible doctor would send an obese person for a 10 mile run to lose weight, do you?'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 -
Quite right. The government is p issing in the wind. They must be seen to be taking action.a_rather_tall_man wrote: »I thought the majority of the cars that leave these factories are for export, some +70% at least, so assuming the UK government won't be providing loans for people worldwide this isn't really going to have much of an effect anyway.0 -
Tell me something... if - ever - Sooty & Sweep in Downing st ever (god forbid) went MAD.... are there procedures in place to do anything about it ? Can we have them committed without all getting charged with mutiny ?0
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It is a good job you are nowhere near the reigns of power or the economy would be a dead duck for sure :eek: I don't think any sensible doctor would send an obese person for a 10 mile run to lose weight, do you?
No, no I don't. What does that have to do with the analogy I posted though?
You do like your making opinions up and attributing them to people so you can have a pop though, don't you?--
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 -
Again you show your ignorance of how things work. With the devaluing £ imports will become more expensive and it will become more economic to produce cars locally rather than to import.
I take it you were not one of the clowns on here that think intest rates should go up :eek:'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 -
The funny thing is, Labour voters (and there are still many of them) will claim that this Government isn't Socialist or at least isn't Socialist enough.
I doubt your kids will agree when they get the bill for all this.
This has nothing to do with Socialism.
Labour are not the Labour of old, they are a near centre party as are the Conservatives. We have a choice of 2 and neither is much different.
Do you honestly believe that had the other party been in government during these times, we would be anywhere other than where we are now? Do you honestly believe that should they win the next election they will be any more capable of getting us out of this situation?0 -
No, no I don't. What does that have to do with the analogy I posted though?
You do like your making opinions up and attributing them to people so you can have a pop though, don't you?
The analogy is getting the patient fit and well, easy easy chatchy monkey.'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 -
So what can we borrow money for? Houses or is that not allowed either? Talk about a holier than thou attitude!
Nothing wrong with budgeted borrowing so long as both borrower AND lender are sensible about it.
For example, I recently took a loan to buy a new car that I will run for 4 years. I get a monthly allowance from my company which far exceeds the monthly loan repayment so I'm quids in. And I got a fantastic deal on the price of the car given the current climate. As an added bonus I'm helping (in a very small way) to keep people in jobs in the UK.
Well, I saved up £1k to buy a car that has lasted me five years and is still going strong. What is wrong with people buying what they can afford? If a luxury industry can only survive by lending people the money to buy their goods, and even WORSE, they can only survive by the government giving them taxpayers money to lend so that they can lend it to buy new cars, then that industry is a dead duck.
Lending on cars has helped keep new car prices over-inflated, and kept the price of second hand cars high. I don't think a little downward price pressure on the industry is a bad thing at all.I'll have some cheese please, bob.0 -
The French did something similar in the mid-1990s. Suddenly, old 2CVs and Renault 4s disapppeared to be replaced with Twingos and Clios, so it worked. The French are notoriously frugal with cars. Bluntly, I think it is more important to worry that the young have jobs than worry about future tax burdens. I suspect my cousins who are now both unemployed would love to have the opportunity to pay income tax.Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith0
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This has nothing to do with Socialism.
Labour are not the Labour of old, they are a near centre party as are the Conservatives. We have a choice of 2 and neither is much different.
Do you honestly believe that had the other party been in government during these times, we would be anywhere other than where we are now? Do you honestly believe that should they win the next election they will be any more capable of getting us out of this situation?
Did the Tories not come out with last year, no 2007
We see no need to continue to regulate the provision of mortgage finance, as it is the lending institutions rather than the client taking the risk.
Classic :rotfl: You couldn't make it up.'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
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