Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Loyalties.

Is Cameron going to personally vouch for Andy and Rebecca who are both well known to him, as being of “good characters”, when they get into court?

Should be interesting.

Is it a case of running with the hare and hunting with the hounds?

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What has happened to the Leveson inquiry's conclusions?

Press seem to be keeping a low profile on this.

You can blame new Labour for that . if you want the police to arrive fast to a scene of a crime , just say its homophobic or raceist .

http://www.thisismoney.co.uk/money/markets/article-2350228/Crash-worse-thought-hideous-figures-reveal-true-economic-depths-UK-plunged-into.html#socialLinks

Crash worse than thought after 'hideous' figures reveal the true economic depths that the UK plumbed

PUBLISHED: 21:57, 27 June 2013

The pound slammed into reverse yesterday as ‘hideous’ figures showing the Great Recession was far worse than feared, overshadowed news that there was no double dip.

The Office for National Statistics said there was no second recession in late 2011 and early 2012 under the Coalition in a welcome boost for George Osborne.

But the revised figures showed the crash under Labour during 2008 and 2009 was even worse than previously reported – with gross domestic product dropping an extraordinary 7.2 per cent.

Two sides of the story: Cancelled double dip is good news for Osborne, but no such luck for Ed Balls

This is from The Independent today

http://www.independent.co.uk/news/uk/crime/lord-leveson-hits-out-in-row-over-suppressed-hacking-dossier-8677597.html?origin=internalSearch

Lord Justice Leveson is at the centre of an extraordinary row with one of Britain’s leading law firms after claiming he was asked not to circulate a suppressed report detailing widespread illegal practices.

The secret document, written by the Serious Organised Crime Agency (Soca) – and revealed by The Independent last weekend – suggested that law firms, insurance companies and telecoms giants were routinely commissioning private investigators to obtain sensitive information by hacking, blagging and corrupting police officers.

After days of questions over why the judge refused to admit the file to his landmark inquiry, Lord Justice Leveson wrote to MPs to say he believed the Soca report fell outside his terms of reference for the hearings, which were to “inquire into the culture, practices and ethics of the press”. However, he also mysteriously claimed his inquiry was “specifically asked not to circulate it without further discussion”.

Yes, After 3years the economy is flatlining and the patient is dead.

Ed Ballsup just doesn't learn, not content with promising more borrowing and spending which got us into this mess in the first place, he now runs a red light, this following two previous motoring offences.
2517

gf the police are to scared to do their job the racist card as destroyed the uk .
those poor children had no one to turn to police did not want to know to risky
did you know that a street in wellington Shropshire the police are banned from going down it . fact and in Blackburn

GEORGE the Banks got us into this mess lets please get that straight.

And theirs nothing wrong with borrowing and spending if its targeted right, lets face it thats what a small business does, thats how they establish a base and grow. Same could be said of a mortgage and household if things remain under control.

A lot of Tory propaganda about how it was all Labours fault.

Cameron before the recession was calling for LESS regulaion.

The credit crunch crept up on Labour when they had the deficit under control and the economy was growing very strongly.

That strength was factored into budgets to bring down the deficit within 4 years.

Please dont forget it was a World Wide Crisis.

Full marks to Cameron though and the torries for their Propoganda programme, trouble is now thow they are pushing it too far and people are getting fed up with them using the same excuse for THEIR failures after 3 years in government.

More fantasies

2517

No.

Greedy Bs who borrowed too much and couldn't pay their debts.

Greedy bankers who thought the could screw more out of the bucket than they put in.

Cockeye financing and under regulation.

Failure of un supervised financial servicing.

Failure of unregulated capitalism an corrupt investment.

=================
Grow up!

If you had a business, which is producing a reasonable product but failing to deliver them to its outlets, because it "lorries" had broken down and there is nothing in the kitty to buy a replacement, any sane business would borrow cash and buy plant, i.e another lorry

Accept reduced overall immediate profits for a period to increase capital expenditure investment and carry on producing to pay of the costs of relatively short term borrowing, but looking at sensible "efficiency" improvements where possibles.

Why did the future markets originate?

===============

Flotation of a company does this, but is masked by the size of the markets, but is basically the same betting on a return for investment.

Tory strategists could be forgiven for worrying that after three years of little or no growth and a £120 billion spending black hole this year alone, Dave and George’s reliance on blaming Britain’s economic slump on the last Labour government might be wearing thin with voters. Apparently not.

A study by media agency OMD of over 2,000 adults from across the UK has found that 53% still blame the previous Labour government for Britain’s ongoing economic problems, compared with just 39% blaming the coalition. 39% say Gordon is the main culprit, with just 27% fingering Cameron and 23% Osborne. Numbers Downing Street will be clinging onto…


http://order-order.com/2013/05/01/voters-still-blame-labour-for-economic-woes/

Yep DC but when the cuts really bite next year and people lose jobs theyl turn on Cameron thats a cert.

As I said earlier, full marks to tories for their propoganda.

Fred excelent post above re-borrowing and business.

Shame Milly and Balls dont point out the same thing when the ignorant torries attack.

It didn't happen under Thatcher and it won't happen now. When people start losing jobs, the ones in work are generally happy with the economy and their lot.

Jagger: 'I thought of being a journalist once'

The Rolling Stones are one of the headline acts at this weekend's Glastonbury Festival. Lead singer Mick Jagger, who is 70 next month, was in London this week and subjected himself to a grilling by BBC Radio 4's Today programme presenter John Humphrys, who is also 70 this year.

The power and peril of the middle name

As whistleblower Edward Snowden discovered this week, it pays to have another name to fall back on. Charles (William) Nevin looks at the power of the middle name.

Sorry for the tardy reply Fred/gf
Fred surely you mean 'Yes'. The first two sentences agree with my 'more borrowing and spending etc etc. and the following three sentences point out the under regulation from the regulators. Whose watch was it on?

gf re 'A lot of Tory propaganda about how it was all Labours fault'. So who exactly was responsible for leaving the government coffers empty, and even joked about it at the time? Either the gov. has control or it hasn't and Brown obviously didn't. Dear old Prudence didn't save for a rainy day.
It is historical fact that Tories replenish the coffers and Labour empty them, the problem this time is a deficit like no other.
2517

2517.

It is said "politics is the art of the possible".

In the "roaring period" of 2000-2007, it would probably been impossible to hold back the said "economy", a period of false growth, similar to the Heath period, when "property" "blocks of office etc., were built, not for sale, but as a gamble, awaiting the price of the property to inflate to higher levels before disposal or allowing borrowing against said values), or the "financial services".

Should labour have tried to block the inflationary lending (sub-prime mortgages) and crazy "derivative markets?

Yes, but would they have been able to bring in the effective curbs?

No.

The conservatives were crying for more deregulation, (and the con party was in hock to the city), the "CITY" were against necessary changes (for the new industry and another false god), the media and the public thought the good times would go on for ever and probably would have voted against regulation

Many in the Labour party and Lib/party were as deluded and the cons, but also "realised" or "thought" that if they did so, they would be ousted at the next election in that period.

It seemed, everybody was better off. (Standing back, to some of us, it looked crazy.)

-----------

However, if the Thatcher government, while in office, had serviced the infrastructure (schools, health services, railways, road, utilities) properly, and not squandered the processes of the country's silver, the bills may have been less and not left for the labour government who followed.


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From memory of various threads in this board, about 2 years before the "crash", many stated that they were getting out of "property" and even going for short term "renting", placing their stop losses forecasting choppy water and problem.


No party is innocent of all sins.

lets get facts right M KING WAS A PILLOCK AND GOT IT ALL WRONG HE WAS DISHONEST HE GAVE BILLIONS TO HBOS AND DID NOT TELL LLOY HOLDERS WHICH WAS ILLEGAL HE FCUKED UP BIG TIME .

and now because of is meddling without a brain
the bank can not put up interests without more problems
no one is saving because it is pointless .
pensions are for fools any one putting money into a pension fund is a
complete plonker