Preparedness for when

Frugalsod

MrsLurcherwalker wrote: »

I've never seen a sign saying paid for by EU money, in fact other than having lived in Kent when they were deciding to build and building the channel tunnel I've only ever seen reference to Europe as a whole by town twinning signs!

I've just asked He Who Knows if he's aware of any signs to that effect and he thinks he might have seen just such a sign on the TV in one of the more remote scottish islands. He thinks that EU funding for things that are 'infrastructure' like roads, schools etc. may only be applicable to areas of economic deprivation but doesn't know for sure.

It also requires the national government to put in half the funds as well. So no chance of that happening in this country.

1Tonsil

Just a quick update....at the moment the banks are not planning a haircut on accounts but the figure of accounts over one hundred thousand euros was mentioned a few weeks ago before all the chaos broke out.

The proposal is being voted on in parliament, but some of the ministers are making it clear they will not vote for it. I have no idea what majority they need, I cant figure it out! Meanwhile in Brussels some think the Greek ideas are workable and some think we are leaving the EU. It was going to a vote on Sunday by everyone, but now the Brussels crowd are saying yes or no tomorrow to whether they will listen and talk to Greece or not. It is game over if the answer is no...no more negotiations or talking. So we should know tomorrow.....:eek:

Meanwhile, a media release in the UK said Corfu had run out of running water....dont know where they got that from...we had enough rain in the winter to need a bloody Ark!

Off to the beach tomorrow with a sun brolly and a picnic....

Frugalsod

Bedsit_Bob wrote: »

Except, of course, there's no such thing as EU money, just as there's no such thing as Government money.

It's all TAXPAYERS money.

Wouldn't it be government money? It is no different to you becoming an unsecured creditor when you deposit money in a bank. It is their money not yours.

Frugalsod

Butterfly_Brain wrote: »

This is in the Guardian tonight. The fact that taxpayers are paying greedy banksters and corporations £93billion in subsidies, not to mention the lax laws on tax evasion.
It doesn't even include the £35 billion bank bailouts, so that is a total of £128 billion :eek::eek::mad::mad::mad::mad::mad:

http://www.theguardian.com/politics/2015/jul/07/corporate-welfare-a-93bn-handshake

:mad::mad::mad::mad::mad::mad:

It is even worse than that. They gave the banks more than half a trillion pounds in additional liquidity. There was also a £100 billion in emergency funding that was so secret that they will never even disclose that even under the 30 year or 100 year rule.

Frugalsod

COOLTRIKERCHICK wrote: »

thanks.

this will not only hit nursing homes.. small businesses first came to mind, but after talking about this with hubby, even large businesses.

just supposing a firm employs 50 full time people.. this increase will cost them an additional 2k per week?? plus the additional tax the employer pays, AND the 55 of the employees wages into a pension fund..

so if you are a big/global firm, this will drive your manufacturing/processing plants abroad.. Plus supermarkets will import alot more produce/food as they will want to be competitive and pay as little as possible..

soooo this will make even less jobs available to chase..

It is slightly different from what you expect.

The lowest paid have a very high marginal propensity to spend, basically because they were living from paycheque to paycheque. If they are given a 20% pay rise they will spend nearly all of that. They might have an old fridge or Tv that needs replacing or need to stock up on extra food so that they do not go hungry. So what generally happens is that they spend a lot and boost the local economy. The same explains why trickle down economics is a complete scam. If you give a billionaire and extra 20% they might only spend a very small fraction of that sum. So the economy gets weaker as it has almost everywhere.

So the claims of massive increases in unemployment are bogus. The other benefit is to effectively raise wages to the point that employers are not being subsidised by the tax payer. Ignore the claims that the unemployed and disabled are the drains on society. That claim is really businesses with subsidies that far exceed those of the welfare state.

Frugalsod

Butterfly_Brain wrote: »

Watch this Keiser report with a real economist to see what he saysabout austerity. It is in the second part, but the whole show is very interesting.

http://rt.com/shows/keiser-report/271909-episode-max-keiser-780/

While Max Kaiser is a bit over the top at times he does appreciate who the real villains are.

moneyistooshorttomention

Frugalsod wrote: »

There was also a £100 billion in emergency funding that was so secret that they will never even disclose that even under the 30 year or 100 year rule.

Now you just know I gotta ask - if its that secret then where did that information come from?

[Deleted User]

Frugalsod wrote: »

Though can't much of all that be dealt with by a credit card?

I don't use credit cards.

[Deleted User]

Frugalsod wrote: »

Wouldn't it be government money?

No. Money is only yours, if you earn it in some way.

Taxes aren't earned by the government, they're simply imposed on us.

1Tonsil

However, they did announce that all bank deposit boxes will remain locked when the banks open, until the owners prove that they own any gold or jewellery in there or they show they have declared the money in it and paid tax on that amount......:rotfl::T