Bankrupt Britain: Could it happen? Yes.

[jonren]

This article makes frightening reading. There is no point Brown parroting "global" as most of our trouble is of our own making.


www.dailymail.co.uk/debate/article-1127219/Bankrupt-Britain-Could-happen-Yes-The-answers-question-asking.html

[Scooby Do]

What I find interesting about this thread, is no the comments (This is the first) but the number of members who looked at it, and didn't make a comment.

Are they all thinking about it?

[sushimo]

Only just noticed it - busy board!

This bit confirms what I feel should be happening if 'them' had any brain cells:

They would insist also on much stricter controls on mortgage lending and consumer finance.

And, for both the State and for individuals, interest rates would be much higher, far into the future. That is what happens when you have been insolvent – you have to pay a lot more ever to borrow again.


So why are this lot trying to get us into an even worse state with increasing lending? Or am I thick? (be VERY careful how you answer that! :

[jonnyalpha]

Hey, great Granddad had the Great War, AND the Great Depression. Victorians had disease and poverty for most of the population, and before that it just gets worse.

The general trend is it is getting better. If not, well life goes on. We'll get by. Not looking to worry about some phantom problem, just yet.

[ricklinc]

Yes, Strontium Dog but a Great War these days would be short and depressingly radioactive. And a Great Depression would come complete with a police force that has been agonising over abusive text messages rather than burglary and assault so is no deterrent to robbery and looting.

This general trend you're talking about is mostly due to scientific advances. Society seems to have made enlightened progress to plain fcuking stupid policies that would make a depression much worse when the food started getting scarce. We don't see stiff upper lips and people carrying on regardless any more. We see people bitching about their rights and demanding that the government buy them a house and more cider because they've got lots of kids and they love their kids, them and anyway it's all the fault of them immigrants and they shouldn't be allowed innit `cos there are no jobs even though they can't actually work themselves because of being depressed and that, etc.

It might be a phantom problem right now but someone needs to start doing more than worry about it.

[yord]

"The general trend is it is getting better."

No it isnt. Youve been told that youve had 30 or so great years. All the previous has been utter sh*t for the vast majority and those 30 years are only good by comparrison to the previous. Your now running faster and faster and covering even less ground for the effort and are shortly about to dissapear up your own arse.

[Woolf]

Given that Mong has:
Added extra taxes, openly and stealthy.
Sold the bulk of the gold reserves when the price was at record lows, (due to his announcing he was selling it).
Used the proceeds to buy the euro, when it was worth bugger all.
Given away billions it foreign aid.
Employed thousands more in the public sector to hid the unemployment figures.
And the countries credit cards have almost been maxed out

The question is not will Britain go bankrupt but when.

The problem with that, is Fist McStalin is so convinced of his financial brilliance, the call will never come while he is in charge.

[yord]

could almost make you think thats it has been delibrately manipulated doesnt it

[jonnyalpha]

"It might be a phantom problem right now but someone needs to start doing more than worry about it. "

I'll look after me and my own. Avoid debt. Keep a variety of plans and options open. The country may go to hell in a handbasket, or not. Ain't no one else looking out for what we need or what we think, either way.

[Woolf]

Here is an open question.
Given that we have been discussing the problem of rampant borrowing and debt for several years.

Who on the message board has or is in the process of paying off their debts.
Mortgages not included.

I will start.
7 grand in credit cards and loans, all paid off as of Nov last year.

[ricklinc]

I had considered the possibility that the whole mess was planned. If true then Brown would definitely be a treason case for which I believe hanging is still an option. Unless he cahnged it in case he ver got caught.

But he's a talentless, charmless, creepy git. I think he just fcuked because his ideals are flawed and stupid. Like people who buy into a pyramid scheme not understanding that it relies on more and more investment, in this case from a taxpayer that has reached the limit. He saw tax revenue as a limitless source of cash and never understood that there was a genuine working man with a family at the other end. A man that Brown constantly abused with his insulting assumption that only a nu labour government was qualified to decide what was good for him.

The average working taxpayer with a family doesn't give a rat's arse about foxhunting. He doesn't want an ID card. He's not interested in any of the stuff that takes a hideously expensive NGO to discuss. He just wants to raise his family in relative security and have a few grins along the way. He wants his kids to get a proper education. He wants somewhere to take them when they're poorly so that they can be made well. He wants the police to make sure that his kids can go out to play without getting kidnapped, raped, shot, stabbed or mugged for their Xmas present mobile phone.

Instead nu labour started banning stuff THEY didn't like and paying fortunes to push trendy theories THEY wanted to try. They completely sneered at the bloke. They lied to him. They flashed statistics at him. They found new ways to take money off him. They told him that if he didn't agree with their policies then he was a bigot and should be ashamed.

A farmer treats his cows better than Gordon Brown treats his taxpayers.

[jonnyalpha]

Steve.

I don't do debt, so there was none to clear up. Never saw the point. It's just a way to be charged more for stuff you proabably don't need.

[jonnyalpha]

Ricklink for Parliament, say I. Or four years as Grand Protector, with a national vote on whether to behead him or not at the end.

[ricklinc]

One of the main drains on the taxpayer in future will be civil service pensions. Perhaps we should be mindful that we stop paying them when the civil service pensioner dies. A cull is clearly indicated.

[ricklinc]

I could be Grand Protector. Or Supreme Imperial Wizard And Commander In Charge Of The United Kingdom. Just for a bit. Just long enough to undo the mess that nu labour gave us. We'd need quite a bit of rope.

[puffin]

Steve

No debt here either. If I can't afford to buy it without borrowing I save up for it or do without.

Rick.. agree 100% with your post #10

[Deleted]

i wish i could recommend your posts rick on this topic.
Spot on from me too.
Sometimes I think that the powers that be are trying to take us into full- blown communism.
Otherwise yes I think that the gummit saw a cash cow of tax and thought hey we're in the money

[Woolf]

#10

Add to that Pig headed.
Surely both government and civil service advisor's most have told him he was heading for a financial black hole with his policies.

Either they kept quiet to keep their pensions or he KNEW he was right and everyone else was wrong.

[Woolf]

Addition to #9
The 7 grand was from 2 years ago.
Got made redundant suddenly.
Lots of bills large came in at once.

[Scooby Do]

Jan 25, 2009 14:34:22 GMT ricklinc said:

I had considered the possibility that the whole mess was planned. If true then Brown would definitely be a treason case for which I believe hanging is still an option. Unless he cahnged it in case he ver got caught.

But he's a talentless, charmless, creepy git. I think he just fcuked because his ideals are flawed and stupid. Like people who buy into a pyramid scheme not understanding that it relies on more and more investment, in this case from a taxpayer that has reached the limit. He saw tax revenue as a limitless source of cash and never understood that there was a genuine working man with a family at the other end. A man that Brown constantly abused with his insulting assumption that only a nu labour government was qualified to decide what was good for him.

The average working taxpayer with a family doesn't give a rat's arse about foxhunting. He doesn't want an ID card. He's not interested in any of the stuff that takes a hideously expensive NGO to discuss. He just wants to raise his family in relative security and have a few grins along the way. He wants his kids to get a proper education. He wants somewhere to take them when they're poorly so that they can be made well. He wants the police to make sure that his kids can go out to play without getting kidnapped, raped, shot, stabbed or mugged for their Xmas present mobile phone.

Instead nu labour started banning stuff THEY didn't like and paying fortunes to push trendy theories THEY wanted to try. They completely sneered at the bloke. They lied to him. They flashed statistics at him. They found new ways to take money off him. They told him that if he didn't agree with their policies then he was a bigot and should be ashamed.

A farmer treats his cows better than Gordon Brown treats his taxpayers.

As is often the case, Rick is right on the money.