rate cut and the housing market ...

dannyboycey

Running_Horse wrote: »

Cool. Should I invest in a satellite dish now? Gonna need some rubbish for the front garden.

I suppose you're in some way 'better' or more 'sophisticated' than someone who lives on a council estate?

I already thought you had a twisted view on reality. That has confirmed it. This is precisely why we must never let the Tories back in, even if they are the worst of two evils!

JonnyBravo

Gorgeous_George wrote: »

Running Horse is not alone but empty vessels make the most noise

Absolutely.

They've been whipped up into quite a frenzy!:T

It's quite enjoyable to watch though!:p

MissMoneypenny

dannyboycey wrote: »

This is precisely why we must never let the Tories back in, even if they are the worst of two evils!

You want more of this idiot government! Wasn't it brown who said " no more boom or bust". We have just had a massive boom, so what do you think is coming next? Not something to look forward to, that is for sure.

I bet Blair is laughing his socks off at what he left Brown. Still Brown did help create the mess, so only fair that he is left floundering in it.

Running_Horse

dannyboycey wrote: »

I suppose you're in some way 'better' or more 'sophisticated' than someone who lives on a council estate?

I already thought you had a twisted view on reality. That has confirmed it. This is precisely why we must never let the Tories back in, even if they are the worst of two evils!

I see you didn't quote my next post.

How can someone should get so angry and bitter over a 0.25% drop in interest rates? Rates rise and fall all the time. Get a sense of perspective and enjoy life.

You're as bad as Alan Squatnow Partridge.

dannyboycey

MissMoneypenny wrote: »

You want more of this idiot government!

Not really... but it's like choosing between a sh** sandwich and a red hot poker up the bum. To be honest I don't really care as I spend most of my time out of the UK. One thing's for sure - the country is heading down the pan fast.

Pobby

Gorgeous_George wrote: »

The song is 'Jilted John' by Jilted John.

GG

Sung by the guy who is aka John Shuttleworth,very funny!
http://www.youtube.com/watch?v=L8eh72REd_s

aardvaak

All this cut is going to achieve is to give the idiot consumers the feeling to go out and spend, spend,spend at Christmas on Credit Cards etc., then in January to whinge,whinge,whinge when the bills come in and say my interest rate is too high and of coarse the media will pick up on this.

codger

MidTwentySomthing wrote: »

Did he give reasons why?

I think it was Roger Bootle. Radio 4 trots him out as regular as clockwork.

I only heard the end of his recital (if it was him) and something about lots-of-interest-rate-cuts-in-2008; a nice and steady UK economy; sunshine and roses in 2009. Yippee!

No doubt Mr Bootle will hope that his latest pontificating turns out to be more accurate than that of 2003, when he said it was highly likely the UK would see a 20% to 25% reduction in house prices between 2003 and 2006.

If that did occur, I must've missed it.

nollag2006

Let's hope this cut is the first of many.

The market seems to have priced in another 50bps cut by mid-2008, according to the front page of the FT.

codger

dannyboycey wrote: »

I suppose you're in some way 'better' or more 'sophisticated' than someone who lives on a council estate?

I already thought you had a twisted view on reality. That has confirmed it. This is precisely why we must never let the Tories back in, even if they are the worst of two evils!

Give up, danny. It's a lost cause.

We used to vote Tory because it had the guts to check the unbridled power of the trade unions. But then we stopped voting Tory when it lost the plot on everything from ERM to Poll Tax to fighting against the Minimum Wage. Plaingly, the Tories were total idiots.

So we voted New Labour. Plainly, we were total idiots.

We're now old and wise enough to realise that politics is too important for poiliticians.

And that whatever Party gets into power, it becomes a Government, at which point it becomes like all governments: it sets its own self-interest above that of the nation, and it devotes itself to mediocrity and mendacity to the exclusion of all else.

(And then, of course, there's New Labour. It manages to do the above and turn incompetence into an art form, too.)

Would the Tories be any different? The LibDems? Nah.