pslewis

Tony Blair pledged "an end to boom and bust" and this is one promise he's kept. New Labour has not just avoided recession, the economy has shown growth in every quarter of the Prime Minister's tenure. Inflation has been spirit-level steady until this year.

You lucky shareholders have been rewarded with a 94% rise or 6.9% PA!!

Quite an achievement.....

Full article here:-

Has Blair Been The Small Investor's Friend? - 17/05/2007

SWRTWannabe

That is a disgusting piece of discrimination. Why should diminutive investors have it better than taller ones?

pslewis

Oh God - now I'll get an Infraction for attacking 'small' people!!

AND another for bringing the reliability of the Infraction System into question!!

Charley Horse

bluto22b

Have to agree even though I have been a conservative for my entire life. Inflation has been rock steady, steady growth, and house prices have certainly gone in my favour owning two properties

Pity Blair has stood down as his policies were spot on. I am a little apprehensive about working class Brown though I feel he may lead Labour back into the dark ages of spend spend spend and the winter of discontent.

Anyone remember the days of Calaghan?

Smiler

Labour took over a very strong economy from the Tories.

Gordon Brown has created a very large hole in the financial staus of the Country.

Boom and bust hasn't happened? Only because of the BTL market, otherwise you would of had the housing crash ages ago. BTL is nothing to do with Labour.

Now this bafoon will be running the Country

bluto22b

I share you anxiety

pslewis

Of course, the impossible may happen ...... one of the best leaders of modern times (Tony Blair) may end up being followed by another great leader (Gordon Brown)?

I doubt it, but Brown has spoken some sense over the last few days.

unclebuck

tum, tee, tum....

Like a true junkie he just can't stop....

john banks

It is a great debt mountain that has been built publically and privately. It has gone on so long by moving the goalposts on inflation (CPI and replacing basic items with cheap Chinese imports spring to mind) and keeping interest rates too low for too long. Now the inflation and bust chickens will come home to roost. Rather than building in some reserves into the public finances during a long bull market, we've incurred more debts. The housing boom has simply transferred the "wealth" from new subprime debt taken on by the younger generation and transferred it to the old.

pslewis

Boom or Bust I will do very nicely - because I can move and take chances as they present themselves.

Rather than moaning. I feather my nest

Boom - you can cash in on the right markets.

Bust - you can cash in on cheaper properties and goods.

You have got to be intelligent - but, every government can be good if you play to your strengths.

Above all, never wait for others (the Government) to help you - everyone needs to help themselves!

unclebuck

edited for accuracy...

B-B

HA HA HA

pslewis

Don't encourage the imbicile called UB

unclebuck

Only an imbecile would spell imbecile like that.

pslewis

I simply threw you a lead-in ...........

B-B

Nah he got you!!

unclebuck

It's like taking candy from a baby....

pslewis

It's just B-Bs way of chatting me up ........... don't get too excited

B-B

Yep - but you still gotta take it!!

B-B

I thought you were chatting me up!

john banks

Agree with you pslewis on making gains in either type of market. That is why I've converted debt to savings and enjoyed gains from various asset classes through this bull period. Doesn't forgive this government's tax raids and drag on tax allowances. Compare the allowances for PEPs compared with average incomes and the present ISA allowances, and we won't start on stealth taxes. The government have just taken on more debt and slack monetary policy has encouraged many of the public to do the same.

I see X5s sitting outside crappy houses (that cost a fortune) being sold cheap.

Leslie

PSL,

I have asked you before but you will not give us an answer. Why did Flash feel the need to flog off half of the gold reserves at the lowest possible price thus losing some £2 billion of our country's money?

The technicoloured chameleon seems to have ignored the chance to ask why he did this, no guts perhap's, but it seems to me a very significant question. If our economy is as solid as you say, why should he have to do this?

Your are an NL expert or so you would have us believe-please put us out of our misery over this!

Les