OK, a silly thread for a Friday...

Rumour (totally unsubstantiated) doing the rounds in the market but not on the wires yet is that Bin Laden is dead. We are all bright enough to know that this is probably created by a desperate dark corner of the market who will do anything to spice up the market but what if...

how convienient would that be for Blair...

discuss.

The stats are there Dil that the market does better under a Tory government as stated in my earlier post. Go have a look if you do not believe me. Inflation was a world wide phenomenon cause by the oil shocks. Agreed that Howard will not win, Blair will most likely get back in and hand over to the treacherous Brown in a year or two.

Agree with you moneyplus.

Stormcaller where do I sign to join the revolution!!

Thanks for the support. Stormcaller--what a depressing outlook but can't really argue with it- I just live in hope!
Dil--you know trouble is just around the corner because you are wisely mainly in cash-whoever gets in our bubble is about to burst. as for facts there have been several articles in the finance pages lately saying the markets do badly under labour but I can quote you this weeks Money Week. page 10 a senior source at the Halifax revealed the bad debt book now accounted for 10% of the total mortgage lending the highest since the early 90s and given our lower int.rates it isn't a good sign--another rise and things will get very nasty.
shares in Whitbread fell heavily after warning consumer confidence is falling.
Mortgage equity withdrawal now equals the growth in total consumer spending--stay out of retail and leisure stocks their outlook isn't good.
page 23 --we've never had it so good! voters are reasonably content at the moment--the tory gov. left a golden economic inheritance of a stable framework and four full years of growth and low inflation 2.6% in1997 as compared 3.2% now. the problem is GB has squandered it wrecking the public finances with massive borrowing 112 billion in 2001-2007 compared with the estimate of just 12 billion. this puts us on an upward path of higher taxes and inflation. if elected for a third term labour will reap what he has sown say business leaders investment banks think tanks and economists. and me! brown's good fortune is that there has been no major international recession on his watch says the G uardian. as economic storm clouds gather there is little reason to think the tories will cope with the situation any better than labour. the damage is done and Kenneh Clarke says we must now wait until Labour run out of money which is what they did last time hence the years of pain under the tories--the money will run out soon.
Finally a quote from money week---work harder!! millions on welfare depend on you!--monster raving loony party!

That's enough depression Dil--I'm sure you'll come back at me but please make it in ladylike language--I'm geriatric!! I'm off to start another thread the SIN thread---vice is a recipe for investing success--the vice fund returned 34.3% in it's first year!! cheers MP

Excellent stuff moneyplus. Agree with you entirely.

bin laden or not, i expect this thread to be pretty potent over the next few days.

The issue i have is that i have seen the other side when living in Singapore and i can tell you that a low tax lower welfare system works because you either get off your backside and work or you will have meagre handouts. It may be a one party system out there but business is allowed to thrive under low tax, top income tax rate is 24% and VAT (GST) is around 4%.

NO, i do not want to go back there if is so much better because i was born and bred in Blighty...i have just seen how things can be run more efficiently.

Give the Conservatives a chance this term and i think we can go up a couple of belts on the world stage, sort out a faster withdrawl from Iraq and also lose that bloody monocle of being the US's lapdog.

:.}