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.

Also, forgetting sub prime mortgages and said "Housing Bomb".

Why would there be a sub prime mortgage problem?

i'll shortly be posting a note on the housing market on the relevant thread(s)

It wasn't world wide , no crisis in Asia. It was US bank's and UK bank's under Labour giving money to people who would have had a bad credit rateing under the tory goverment. bank's sending out credit cards to teenager's who were still at school. Labour let happen under Gordon Brown , it was fool's gold [ don't mention Gold and fool ] that's another story.

Blimey aldwick Thatcher lost this country far more money than Brown on the Gold sale, have you forgotten all the Noth Sea oil tax take that was meant to fund the new infrastructure of Britain spent on the unemployed and then all the council houses she flogged off now held in lanlords hands mostly migrants to this contrys hands, the figure is 2/3rds of all council house sales.

And she flogged utilitys off at knock down prices.

You also forget all Europe North America Asia and south America were blighted by the banking crisis.

I dont say labour didnt make some mistakes but I bet the tories after 13 years would have made the same ones. Once youve been in power that long you get complacent especially when all of them were boom years, i cant remember having it better.

Hays said this........

Haystack - 25 Oct 2013 12:53 - 31765 of 31771

There is no energy crisis. We pay about the EU average for our energy. The energy companies only make about 4% profit. Out of that, they have to fund new investment. ........................ends.

Now come on Hays get real, we do have an energy crisis. And whats this NEW INVESTMENT????????????????????, in fact the profits have all been pocketed by large shareholders. Hedge funds amongst them.

And answer this when wholesale prices fall why isnt the fall passed onto the consumer?????.

cynic - 25 Oct 2013 12:59 - 31770 of 31773

i'll shortly be posting a note on the housing market on the relevant thread(s) .....ends

what relevant thread cyners, we dont have a general housing thread do we???????

Post it here so we can pull it apart LOL.

fuck off sticky :-)
it's on the ftse and also the chart threads

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

meanwhile

Grangemouth petrochemicals plant has been saved following a last-minute deal.
It came after the Unite union confirmed it would now "embrace" a survival plan in an effort to reverse a decision by Swiss-based owner Ineos to close the business.

so that militant union, that clearly had little interest in its members' futures or anything else, had its arse kicked, and a bloody good job too

Osbourne on TV gloating but these are the real figures...............

though manufacturing 9.9% below pre recession peak, construction 12.5% lower

Pathetic bravado presentation coming from the weak chancelor, all 3 years too late.

Naugthy!

8-)

Hays.

Sub prime?


Think.

Now come on Cyners please remove the F word. Play the game or we'l have Ian coming on warning. Hes already watching very closely......his words not mine.

his beady eye is on YOU i think lol!

Fuck Off GF, becoming as boring and repetative as that other knobhead now! Stick to picking stocks.

Mine are on you.

Why should the energy companies pass on reductions in the wholesale price of energy? They are not charities. Do you expect McDonalds to reduce prices because they can buy meat cheaper. Companies don't normally pass on savings due to reduced costs. It is market forces. They are businesses and the purpose is to make profit for shareholders.

So Hays when all the poor pensioners cant pay their bills this winter are you going to foot the hospital bills when they are all hospitalised.?????? Itl come out of your tax in the long run and the energy companys will be laughing all the way to the bank.

Come into the real world.

Hays.

Mcdonalds is not a "necessity" and people can walk to "outlet" or do without.

Energy for the majority is a "necessity" and many of those who use it can't shop around.

Also, in that "energy" permeates almost if not all functioning of society then it is either reasonable to have it "state" owned and managed or the state having the restricted by "unrealistic" or "unreasonable" price hikes.

They can also use Burgerking Fred. Real competition in that market sadly not in the energy market.

I notice on question time last night majority in audience were in favour of re-nationalisation of energy market.

I did not say that there should be no internentio, just that you can't expect the companies to reduce prices. It is really a question of the intervention. The green levy added by the last Labour government has a lot to do with the high price. Without it, our energy prices would be towards the low end of EU countries. Our green taxes are among the very highest in Europe. It was just an excuse for Labour to tax us more.

GREEN is the future wether you like it or not.We cannot destroy the earth by just carrying on like we are doing or going backwards like the Tories to coal.