Total hidden UK Bank's debt

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Skippy

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Post by Skippy » Sun Jan 18, 2009 5:51 pm
I think that when we are being told we might lose our jobs, will have to cut back etc surely the least the MPs can do is make cutbacks rather than giving themselves payrises, pension increases, longer holidays etc. How many of them actually need their second homes?

My big complaint about all governments is they don't actually have to be qualified for their position. Surely the chancellor should have been an accountant, the education secretary a teacher and so on? At least they might have some idea of what they are talking about!

Unfortunately Brown isn't exactly dynamic (he's probably the most boring man on the planet!), so I can't see him doing anything quickly! I never liked Tony Blair (all smiles and no substance like most politicians), but when he spoke he sounded as if he knew what he was doing, even though he didn't.
Last edited by Skippy on Sun Jan 18, 2009 5:53 pm, edited 1 time in total.
 
 

kallis3

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Post by kallis3 » Sun Jan 18, 2009 5:57 pm
You don't need any qualifications at all to be an MP, and I agree that to become a minister in the government you should know what you are supposed to be doing.

My job is highly specialised and took me 5 years to train - you can't just walk in off the street and do it - which is what this government seem to have done.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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johnt

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Post by johnt » Sun Jan 18, 2009 6:10 pm
Skippy13 wrote:

I think that when we are being told we might lose our jobs, will have to cut back etc surely the least the MPs can do is make cutbacks rather than giving themselves payrises, pension increases, longer holidays etc. How many of them actually need their second homes?

My big complaint about all governments is they don't actually have to be qualified for their position. Surely the chancellor should have been an accountant, the education secretary a teacher and so on? At least they might have some idea of what they are talking about!

Unfortunately Brown isn't exactly dynamic (he's probably the most boring man on the planet!), so I can't see him doing anything quickly! I never liked Tony Blair (all smiles and no substance like most politicians), but when he spoke he sounded as if he knew what he was doing, even though he didn't.
well there's the rub, politically speaking of course. you can't please all the people etc: and what’s best for us all doesn’t make for the most popular political legislation.

At the end of it all, were all going to have to suffer and work very hard to get out of a very unpleasant mess.

Tony Benn once said “We are not just here to manage capitalism but to change society and to define its finer values.”

This seems a perfect fit for the massive hole that's been left behind.
 
 

kalla

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Post by kalla » Sun Jan 18, 2009 9:03 pm
I hear an evangelical voice from johnt on the subject of debt.Andlike history there is a story behind everything-its not truth we strive in understanding debt but the story behind it -told and retold like biblical stories.

There are evidence emerging today that supports Brown in his long time assertion that it wasn't his fault the UK Banks are in the cesspit but the world downturn. He didn't have the story till now -the Treasury has told the world the 200 billion of debt incurred by UK banks are largely -80% defaulted by foriegn debtors - including shady Russian Oligarchs, friend of R Abramvich and other socialites, the money lent out for their global greed escapade. They own UK banks loads of money.We never knew this???

In a way the Banks and not G Brown is at fault as it isn't UK iva debts that Bankrupt the Banks. We now know this. But he isn't off the hook as government debt is his problem as he took them out and we have to pay it in NI and taxes.That debt will make the UK insolvent in the next 3 years, over 50% of liabilities.

As for the US, Barack isn't going to reduce the US mountain of debt and the dearth and swath of poor economic figures and unemployment surge - as I alluded to its down to faith in Change. America have not had their Tony Blair so let us see. I'll see things happening in the US,hearts and mind in a perpetual swan song but here in the UK aspiration is resoundingly lacking!!

As for RBS - they are a dead bank walking and waiting to be buried. They should accept all IVA proposals as we accept theirs!
Last edited by kalla on Sun Jan 18, 2009 9:44 pm, edited 1 time in total.
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