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Madmen in Authority

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 8 June 2010 at 5:59PM
    LauraW10 wrote: »


    The thing that's so concerning imho about the coalition's performance so far is the negative rhetoric. It's gotta be damaging confidence and confidence is key to consumer spending in general and the housing market in particular...

    Good point, can't see how ' It is a lot worse than we thought' is meant to give reassurance to the credit markets :eek: especially when it ain't true.
    '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 Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Better to be truthful than not.

    As no party pre the election had the nerve to stand up and be honest.

    But they are not truthful, they are playing politics.
    '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 Thatcher
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Aww, whats the matter Laura, got a few too many houses you are going to lose equity on?

    Suck it up. We overspent for 10 years. Now we need to pay the bill.
  • LauraW10
    LauraW10 Posts: 400 Forumite
    StevieJ wrote: »
    Good point, can't see how ' It is a lot worse than we thought' is meant to give reassurance to the credit markets :eek: especially when it ain't true.

    It's been unrelenting since they took office.There seems to be no sensible desire not to scare the horses, instead there unrelenting messages of impending doom seem to be calculated to set off a veritable stampede.

    Honestly, if you were working in the public sector would you be considering a house move right now? Howabout a new car, new sofa?
    If you keep doing what you've always done - you will keep getting what you've always got.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LauraW10 wrote: »
    Well I would rather the coalition were honest tbh. I think what's really frustrating me is that the coalition are making out that they have no choice. They DO have a choice. They could could cut later rather than sooner.

    Like a credit card the debt rolls on and on. Delayed cuts will only extend the pain.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Like a credit card the debt rolls on and on. Delayed cuts will only extend the pain.

    Preemptive cuts will extend the pain.
    '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 Thatcher
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    LauraW10 wrote: »
    It's been unrelenting since they took office.There seems to be no sensible desire not to scare the horses, instead there unrelenting messages of impending doom seem to be calculated to set off a veritable stampede.

    Honestly, if you were working in the public sector would you be considering a house move right now? Howabout a new car, new sofa?

    How about looking for a productive job instead of scabbing off the state? I work in the public sector, I would say 50-60% of the back room staff could go without anyone noticing.

    If anything, it would reduce bureaucracy and increase work productivity if we could get away from the nonsense they generate.

    Laura, ever contemplate the fact that labour were talking utter, complete horse !!!!!! for the past 13 years and in fact the Coalition are being honest with the populace? Ever consider your guff "always optimistic" attitude was a false sense of security and actually, things arent right?
  • LauraW10
    LauraW10 Posts: 400 Forumite
    mbga9pgf wrote: »
    Aww, whats the matter Laura, got a few too many houses you are going to lose equity on?

    Suck it up. We overspent for 10 years. Now we need to pay the bill.

    Nope. I have no mortgage either.

    To be honest I would be happy to "suck it up" But we never overspent for 10 years - we are paying for a financial crisis. Totally different situation.

    Also I'm a "money saving expert" - I don't believe the coalition is going down the most cost effective route for the tax payer. It's possible that the governments course will ultimately damaging to British Banks in which we all have a large investment.


    Cameron and Osborne might well think crying wolf is good politics but it is terrible economics and it could so easily blow up in all our faces imho.
    If you keep doing what you've always done - you will keep getting what you've always got.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    StevieJ wrote: »
    Preemptive cuts will extend the pain.

    For idiots that bought houses at peak prices or those who worship the consumerist false god.

    For the rest of us, life will be fine.
  • LauraW10
    LauraW10 Posts: 400 Forumite
    Thrugelmir wrote: »
    Like a credit card the debt rolls on and on. Delayed cuts will only extend the pain.

    But we'll get the money back when we sell the banks. Surely we should be looking after our "investment" not going along a course that will ultimately destroy our investment?
    If you keep doing what you've always done - you will keep getting what you've always got.
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