Paul

When you go out on the knocker canvasing for clause 4 to be reinstated and 
people fall asleep ink their chairs, or look wistfully at their watch or just 
die,…do you give up ?

Voting : 

I have not
I reserve my right to vote 
But  probably won't




On 27 Feb 2013, at 15:47, Paul Cundell wrote:

> 
> 
>> Was it not Gordon Brown and his Tonyness whose "light touch" promoted
> this.
> 
> In hindsight they were all too soft on them, pretty sure Maggie and Majors'
> deregulation didn't help either.


Almost getting there . It was the markets that were deregulated and the banks 
joined the casino.





> 
>> Also remember that banks are public companies. They must make profits If
> you
>> don't like one. change bank
> 
> Does that mean that they must make profits fraudulently?

No


> They must lie and
> make stuff up just to make money?


No

> They must invent securities and lend sub-prime mortgages just to turn a
> coin?

Creativity in engineering new products drives all industries. 
Sub-Prime…yes making mortgage offers of anything more than three times salary 
is  nonsense,
lending to those with large deposits who self certify, lending to those who 
cannot afford to repay if rates were to increase substantially 
lending to those with poor employment history….

…is all wrong





> My bank has so far turned out to be pretty clean so changing it won't stop
> the financial malaise.
> Your 'change bank' approach won't alter anything for customers of Barclays
> or HSBC

whats wrong with barclays of HSBC ? Neither took bail outs and Barclays shares 
at 50p were a steal 
I loaded up to the gunnels on that one. I missed the bottom on HSBC by 30p but 
its done well since. Standard Chartered was the real killing.
All locked away fro a rainy day






> so why would it change anything for customers of Yorkshire Bank, for
> instance? And who would Yorkshire Bank customers move to? HSBC? RBS?
> Barclays? How would that change anything?


Try a building society or one of these fabulous off shore banks in IOM of Jersey



> 
>>> and the current lot are still doing it - The deficit myth is the
>>> grossest lie ever enforced upon the people and it has been sold by
>>> exploiting people's economic illiteracy.
>> 
>> Bollocks. Labour mismanaged and based their spending on optimistic
> forecasts.
>> 
> 
> More Daily Express sensationalism.
> 
> Try looking at the facts and figures not the juvenile deficit narratives and
> sound bites:- 
> 
> Public Sector Net Debt as % GDP 
> 1997 - 42%
> 2002 - 29%
> 2007 - 37%
> 2013 - 71%
> 
> Public Sector Net Borrowing as % GDP
> 1997 - 3.9%
> 2002 - 0%
> 2007 - 2.1%
> 2013 - 11%


Fucking amazing ! 
You sem to believe that the chancellor can waive his fingers and get the tanker 
to stop and change direction
The spending increases already programmed in by Labour account for this





> 
> It's Gideon that's mismanaging the economy based on over-optimistic
> forecasts and his belief in the confidence fairy.
> 
> Gideon economics are those of Mr Micawber.
> 
> If Labour are guilty of overspending it was spent on health and education,


an admission of overspending, mortgaging our nations future for dogma




> two things which the Condems are slashing spending in now.

GOOD WE CANT AFFORD IT


> The coalition
> exaggerated the necessity to tackle the deficit in the short term possibly
> to use austerity

if you can't pay your mortgage you lose your house , correct ?



> as justification for a smaller state


SMALLER STATE GOOD ! FEWER POLITICIANS AND QUANGOS TO WASTE MONEY ON




> to gain lower taxes


YES PLEASE


> but more likely to paint Labour as a party that cannot be trusted with the
> country's finances again and thus win the next election out of fear.


Labour did a good job os ensuring their ineligibility for decades to come




> 
> 
> 
> 

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