EddScott

If you lose your job it doesn't matter if your mortgage is £1000 or £100 you've got no money. If your in a stable job and have a mortgage around 1%, the last 12 months have been pretty easy.

Being a worker, if you have a small 3 bed semi your probably have the space for a couple of kids assuming you have the household income to sustain the family. If you don't work and pop out 5 kids, you can't overcrowd and the council is obliged to find you suitable accomodation. The only mistake in the above quote is the "going to have" which should have "have had and probably will continue to have"


Is it me?

Dedrater

Well here is my brief view.

I am public sector on xxk a year, if I went into the Private sector and secured a job, I would get xxxk a year est.

Very similar work, the former I do for my country, the latter I do for money. One is secured, the other is financially motivated.

I believe everything works itself out. I have mates in the building trade, they have made vast sums of money when times were good, not so good for them now, but as an average over 6 years, likely, they have more money in the bank.

Obviously, I don't believe council Exs should get paid more than the PM, that is stupid beyond belief.

Martin2005

You will have been right royally done over if you are a saver though, interest rates are a double edged sword

EddScott

Sort of. If your saving in the legalised criminals that are the banks then yes. For the slightly braver investment performance this year has been fantastic.

ALi-B

iTrader: (1)

Me too, plus some clients. I found its very patchy, mainly builders that were on single "eggs-in-one-basket" contracts are the ones that suffered. The self-employed have it the worst as their management skills are often poor. Bigger contractors have also suffered as some have middle/upper managment that takes too many out the overheads (directors, employing the wife to file her nails and their Range-Rovers and Nissan Navarras tsk. tsk. ). One pair of self-employed builders I do know are damn good workers, but are absolutely useless at outside of a managed contract. Its not that they are lazy, its that they can't self-manage themselves and their work, as a consequence work has dried up and they're bankrupt. One contracting company I know are struggling because quite simply, they've been far to inefficient and overcharged so much in the past, but can't get away with it now; Subbies won't work for nothing, even if they are struggling (Time to sack the wife and get rid of the Rangie company car ).

Others seem to have been unaffected. Infact are more busy. Partly because they have business managment skills and partly they are not too reliant on sub-contracting for a single contractor. This is backed up when I walk the dog, it seems everyone in my locality is having some sort of renovation work on their property. To me it seems that alot of people held out on renovation work during the boom period (myself included) because it was just too expensive to get a builder, and it was such a pain finding one with an empty schedule. Its seems alot of people held off until now, which to me says the money is there, but people (working+low/mid class) have to work harder to get it nowadays.

I see it as survival of the fittest. Probably not the nicest things to say, but that is the way it is IMO.

madscoob

iTrader: (3)

true statement above the shares i bought at 48pence are now 2.25.5 and the gold is almost double but not quite , may offload the shares to pay for xmas.

Leslie

I think what you say about those who tell it like it is is quite right.

Cameron is so wound up about his and the Conservative's image to the country and to overseas that he has not got the bottle to admit that what those two said is perfectly correct.

It is such a pity that he worships Billy Liar so much for his ability to con the public that he is desperately trying to do the same thing.

We need a leader with the strength of Maggie who supports this country and what we stand for.

Les

EddScott

It was ridiculous on the BBC news.

You get Cameron saying its nothing to do with us chum. You get the news reporter saying how terrible the statement about the middle classes not breeding was.

Not 10 minutes later they interview a bunch of ladies working in Tesco and one of the ladies basically says the same thing. She can't have endless kids because she can't afford them and a few door up the road there is a dozen kids and not one worker in the house.

It is actually an insult to our intelligence.

Leslie

Its a shame that the average politician believes that the electorate is not intelligent enough to understand about things that happen and that they personally are the only ones who are capable of acting on them.

Les

Chip

JTaylor

So you've 'invested' in gold and shares but you haven't the cash to buy a turkey (or duck) and some Christmas quackers? I don't know anyone, anywhere, that will sell shares to 'pay for Christmas'! I think you're BSing! What shares are they and when did you buy them and the gold and how much did you buy?

gallois

Yay. three cheers for maggot thatcher and her destruction of UK industry.

Chip

Move with the times will you