a biographical note...

sheffield_lad

WE is a term for us all inc our Gov (who did), as well as personal spending.

We all enjoyed the orgy but it's the morning after the night before now and payback time. That's what Balls fails to grasp he thinks cutting tax and borrowing more will put money into pockets for us to buy more yet people would instead pay off debt. The guy has not got a clue.

and what about bank regulation, everybody says we need it but why? We went 70'yrs since the last crisis in the 30's till now and it worked. Going over the top with regulation is unnecessary, it has nothing to do with casino banking and more to do with sub prime debt from our American friends

StevieJ

howee wrote: »

WE is a term for us all inc our Gov (who did), as well as personal spending.

We all enjoyed the orgy but it's the morning after the night before now and payback time. That's what Balls fails to grasp he thinks cutting tax and borrowing more will put money into pockets for us to buy more yet people would instead pay off debt. The guy has not got a clue.

No we didn't, some of us behaved like true Keynsians and kept a bit back for a rainy day

John_Pierpoint

Where was the orgy? I think I missed it!

Going4TheDream

TruckerT wrote: »

... I was born in 1949, and grew up on an increasingly levelling playing field - the two world wars and the great depression seemed to dilute the great divide between political and economic 'classes'

I was lucky enough to go to a very good grammar school, but I dropped out after 'O' Levels - during my career, I have been actively involved in Trade Unions, but for most of my working life, I was self-employed, and an occasional employer. Although I have never voted for them, I generally prefer Tory politicians (they simply have more fun)

Until now, I have never felt 'threatened' by world events - even during the Cold War, and the threat of Nuclear Oblivion, I was confident that our leaders would find a way through

But now I am scared!

There is now a 'common enemy' - it is 'The Banks' - they are Dictators (ie they dictate the way in which we live) - Gaddafi was a dictator for 43 years or so, and eventually he was bombed out by NATO

All talk of recession, growth, quantitative easing etc etc is whistling into the wind - whatever happens in the foreseeable future will be decided by The Banks

Time to wake up

TruckerT

I kinda know where you are coming from. I am a rational adult and I know we have lived through bad times etc but this is different. Its not nation against nation it is rich against poor and about total control of wealth. I think about the social implications of that. The 'poor' are getting p1ssed about things. We are seeing the Occupy Wall street taking off , now coming over here. We are seeing huge discontent in Greece. ( alot of which is being supressed in our 'free press'. Have seen it in various middle east countries. People are unhappy, and we have the public sector worker strikes etc to happen and the cuts havent even started to bite or happen yet, are we to see more of the riots we saw this summer... If there is mass civil disobedience then the 'powers' that be will put measures in place to quell it....they wont give in to the masses, and will ensure ultimate protection to the bank and those in a position of extreme wealth. I believe we will see a big decease in civil liberties and I find their continued erosion more scary than some nutter wanting to push a button and nuke the world. (rant over!)

Jimmy_31

howee wrote: »

People continue to blame the banks, when are we the borrowers who spent next weeks pay packets today going to hold our hands up and say yep we are also to blame?

The reason we blame banks is since the credit crunch we can't borrow the same as before, we have finaly have to spend what we have not what we can borrow.

Im blaming the banks and the mugs who took the easy money.

Im not holding my hands up to that level of stupidity.

oldvicar

Going4TheDream wrote: »

I kinda know where you are coming from. I am a rational adult and I know we have lived through bad times etc but this is different. Its not nation against nation it is rich against poor and about total control of wealth. I think about the social implications of that. The 'poor' are getting p1ssed about things. We are seeing the Occupy Wall street taking off , now coming over here. We are seeing huge discontent in Greece. ( alot of which is being supressed in our 'free press'. Have seen it in various middle east countries. People are unhappy, and we have the public sector worker strikes etc to happen and the cuts havent even started to bite or happen yet, are we to see more of the riots we saw this summer... If there is mass civil disobedience then the 'powers' that be will put measures in place to quell it....they wont give in to the masses, and will ensure ultimate protection to the bank and those in a position of extreme wealth. I believe we will see a big decease in civil liberties and I find their continued erosion more scary than some nutter wanting to push a button and nuke the world. (rant over!)

I think you are right.

Can I join your commune, or will you come to mine?

Going4TheDream

oldvicar wrote: »

I think you are right.

Can I join your commune, or will you come to mine?

We may jest indeed but I do wonder if we will see a return to more shared living situation, and perhaps more of a bartering system as cash gets tighter and tighter for some. People giving their time for favours in return for favours. People/families sharing accommodation more as rents rise and government support is cut.

Even those earning reasonable salaries cannot or maybe wont be able to sustain paying an ever increasing amount of their salaries in rent and may get the the stage where they wonder if it is actually worth it. Their dream of owning a house may be diminishing with each rent rise and the possibility of house prices rises.

Is it a situation where what we have grown to know, where we all have our own space (rented or bought), and exchange cash for services something that need to be rethought and would people be willing to change their expectations in the short term to be better off long term and would the economy of scale work in a such a situation as it does in business for their benefit is the question?

IveSeenTheLight

John_Pierpoint wrote: »

Government import duties on Chinese made cement mixers?
[Not to raise revenue to be spent trying to build the world's tallest towers you understand; strictly to try to make work for unemployable day labourers]

http://en.wikipedia.org/wiki/Petronas_Towers

"Mine is bigger than yours?"

Indeed all imports are heavily taxed to try and promote internal products

bendix

Going4TheDream wrote: »

I kinda know where you are coming from. I am a rational adult and I know we have lived through bad times etc but this is different. Its not nation against nation it is rich against poor and about total control of wealth. I think about the social implications of that. The 'poor' are getting p1ssed about things. We are seeing the Occupy Wall street taking off , now coming over here. We are seeing huge discontent in Greece. ( alot of which is being supressed in our 'free press'. Have seen it in various middle east countries. People are unhappy, and we have the public sector worker strikes etc to happen and the cuts havent even started to bite or happen yet, are we to see more of the riots we saw this summer... If there is mass civil disobedience then the 'powers' that be will put measures in place to quell it....they wont give in to the masses, and will ensure ultimate protection to the bank and those in a position of extreme wealth. I believe we will see a big decease in civil liberties and I find their continued erosion more scary than some nutter wanting to push a button and nuke the world. (rant over!)

I think you're talking absolute rot. The poor are not getting !!!!ed off about things in the way you are saying - the Storm Wall Street movement has absolutely nothing to do with the poor. On the contrary, most of the people involved in this type of protest culture are middle class malcontents, the professional protesting class. Remember the arrests during similar protests in London two years ago - it was the son of a rockstar who was sent to prison, not your poor disaffected poor. The poor, as you quaintly call them, are too busy working to be protesters.

And to compare those protests with the Arab Spring is an afront to those who are fighting for basic political freedoms and human rights in oppressive dictatorships around the Middle East; it's nothing to do with people protesting against the banks.

I think you need to think a bit more, before you post.

JonnyBravo

John_Pierpoint wrote: »

Where was the orgy? I think I missed it!

You think you missed it? You can't really remember?

Describe a typical day for yourself and I'll let you know if there's any chance you attended but simply got it confused with other stuff.
It was great BTW.