Work or be homeless!

Doom_and_Gloom

I'm not sure of the mass accomidation but at the same time it would probably work by making them sick of the situation and get a job.

I am 18 and despretly (sp?) looking for a job. I applied for JSA just over a week ago after 2 months without a job and only enough money for the end of this month. I had no other choice as I have been looking for a job basicaly non stop since I lost my job and have been to proud to do this for 2 months. I pay for my own food, clothes etc and I even contribute in the way of rent and have done so just before I turned 17 (I'm going to be 19 in May so quite a long time although while I was in education I used the child benifit money to do this as my parents saw it as mine and to teach me more about money and the worl). My parents have always said that you should do your best to support yourself and only use benifits when there is no other way (my ma used to be a civil servent in the benifits office so I know quite a lot about it all). My parent's pay their morgtage (sp?) and now have no other kind of debts and own a small second 2 bed house that they rent for little profit (profit gets set aside for repares so not exactly a profit as they go over what they have saved from it most of the time :rolleyes: ). I haven't claimed for any other benifit as I do not think I should as well as the fact I'm not entiled to and I know that and am not going to work the system for more than my fair share of money as that's taking the mick :mad: . I would love to have a physical job like the cleaning job I used to have as I found it enjoyable as well as relaxing (odd for a young adult from this country maybe but meh ). I believe that money should be worked for and I will look even more for a job now I have money being given to me as I do NOT want to stay on the sytem but have my own money.

To all those working the system and not even bothering to look for jobs I do think the mass accomidation is the only way to get through to them. I understand full time careres related to the people (they do a lot of work for the government as it is), the disabled and so forth not getting jobs but if you can work you should and that motivation needs to be worked into peoples heads. Not the government will pay my way and I can sit on my butt doing sweet FA attitude that is in many peoples heads. I have seen it a lot as there is a council estate near the back of my parents and I have seen the 15 year old with a baby and another one on the way that has the council house/flat because of it.

SquatNow

Jonbvn wrote: »

Do you any evidence to substantiate such a statement? IMHO, a lot of your posts contain your opinions, which you seem to believe we should consider as facts.

SN you are not Moses coming down from Mt. Sinai!

Try this:
http://www.youtube.com/watch?v=jmeHiFZUWtE

And !!!!!! Do NOT let you children watch it.

SquatNow

Guy_Montag wrote: »

I have seen someone on GHPC mention that their residential mortgage has a LTV margin call in the Ts&C. It's a offset mortgage I think. Was it Charles Darke? If you're out there let me know.

I'm wary of letting people starve, so Montag's Manifesto says that instead of benefits people receive a food box full of nutritious goodies, like brown rice & fresh fruit.

For shelter, they can live in hostels, a bit like the student flats I lived in - 5 rooms each with a sink two toilets, two showers one kitchen. Regular Sunday morning inspections. It means that training, teaching & mentoring will be easily & readily available.

So food parcels and communal living then.

Which is basically a fluffy (and rather more costly) version of what I described in my "Retrospective from 2010".

Generali wrote: »

Any margin calls and indeed any other payments between the lender and borrower will be as a result of the terms and conditions of the loan, not the documentation (ISDA???) of an MBS that has been used to sell the loan on. If there's any discrepancy between the 2, that's between the originator of the MBS, the advising bank that structured the deal and any investors in the MBS. It has no impact at all on the borrower.

The terms of the loan between the bank and the borrower (BTL hamster) will have some form of "margin call" type rules in them. The rules of the contract with the MBS buyer/insurer will require the bank to enforce those rules, whatever they are. And the bank will enforce them verbatim, no quarter given. This is because as long as they follow the rules to the letter the bank is free and clear... but if they don't then THEY take the hit if it goes tits up instead of the MBS owner/insurer.

Generali wrote: »

PS I just called Bradford and Bingley who confirmed that they don't use margin calls on their BTL mortgages.

There are plenty of ways to word it other than "margin calls"... I think the best one I saw quoted on HPC was that the borrower must "Maintain the value of the secured asset"... so you have to stop your house falling in value or thay can call in the loan. How the hell do you do that, put up Gold-Leaf wallpaper or something? All BTL loans will have some form of margin call in the contract.

LuciferTDark

Next it'll be all non workers forfeit the right to own any property, move them all to communal living areas (camps), then what? mass extermination?

Generali

SquatNow wrote: »

The terms of the loan between the bank and the borrower (BTL hamster) will have some form of "margin call" type rules in them. The rules of the contract with the MBS buyer/insurer will require the bank to enforce those rules, whatever they are. And the bank will enforce them verbatim, no quarter given. This is because as long as they follow the rules to the letter the bank is free and clear... but if they don't then THEY take the hit if it goes tits up instead of the MBS owner/insurer.

There are plenty of ways to word it other than "margin calls"... I think the best one I saw quoted on HPC was that the borrower must "Maintain the value of the secured asset"... so you have to stop your house falling in value or thay can call in the loan. How the hell do you do that, put up Gold-Leaf wallpaper or something? All BTL loans will have some form of margin call in the contract.

It's an interesting idea but not true. The borrower '...must maintain the value of the secured asset' applies to all mortgages, not just BTL ones. It's in a normal OO mortgage that I took out from the Nationwide in 2002. It means that you have to keep the place properly maintained, not that you need to stump up more margin if the value of the place drops.

Maintaining the value of an asset isn't stumping up more cash. That would be something like maintaining the level of security proportionate to the outstanding balance of the loan.

I feel that BTL mortgages should have margin calls but they don't as far as I can tell in the majority of cases.

olibrofiz

Ohhh, my two pennuth I agree, benefits to stop after two years for those fit, able and free to work. After that time minimum benefit and food parcels. No automatic right to housing - hostel for a minimum of a year. Community work. Bring back national service, give kids something to do that will raise their self esteem and help them to realise there's more to brag to their mates about than how much weed they've sold, how many 15 year olds they've got pregnant and who they've waved a gun at.

I knew someone who was on benefits, had 4 cash-in-hand jobs, and went for jobs knowing he wouldn't get them. Had a council house, expensive car, holidays. Me and ex-OH had morgage, clapped out old banger and couldn't afford to go to the pub let alone have a holiday, took any work going, never been on benefits. Now single parent, own house, car, job, it's been darn hard work over the years but I wouldn't have it any other way.

Thank you for reading my rant:D

MissMoneypenny

SquatNow wrote: »

Could I perchance, suggest temporary chemical sterilisation for all unmarried women from the age of 13? That is, that they should all get the contraceptive injection every 6 months.

Why just the females?

SquatNow

LuciferTDark wrote: »

Next it'll be all non workers forfeit the right to own any property, move them all to communal living areas (camps), then what? mass extermination?

Unlikely but I fully expect to see non-landowners being denied the right to vote.

affordmylife

How about no actual dole money.

You get the rent, council tax, water rates etc automatically paid to the individual companies.

You get a basic food allowance of ??? per person in shopping vouchers. And no cash at all.

Would that make the lazy scroungers work?

SquatNow

affordmylife wrote: »

How about no actual dole money.

You get the rent, council tax, water rates etc automatically paid to the individual companies.

You get a basic food allowance of ??? per person in shopping vouchers. And no cash at all.

Would that make the lazy scroungers work?

It could work but you'de need heavy controls... the US does something similar and has a MASSIVE black market in food stamps. Even if you make it so they can't be transfered people will simply buy food and sell it so they can buy cigs/beers/scratchcards.

It's been suggested in the UK but people say they have a right to do whatever they wish with their benefits money, and the liberals always say "well what if they need new shoes, or car repairs or nappies".

Of course more money given out on benefits is spent on cigs/booze/gambling than on food.

Probably the only solution is to provide serviced accomodation with a canteen.