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Never Chase Yer Money


Canada Bob

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I wonder what odds we will get on;

'Everything is ok.'

We do know what is going to happen right? Alcohol and Cigs will go up (as usual).

What I would love to see is a scheme to get the country buying property again, but that won't happen (no chance of setting aside some money that is being used on expenses and wages to supplement young, first time buyers who have no ******* hope in hell of raising ?20K for a ******* deposit BEFORE having to worry about whether or not they can actually get a ******* mortgage in the first place?)

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I wonder what odds we will get on;

'Everything is ok.'

We do know what is going to happen right? Alcohol and Cigs will go up (as usual).

What I would love to see is a scheme to get the country buying property again, but that won't happen (no chance of setting aside some money that is being used on expenses and wages to supplement young, first time buyers who have no ******* hope in hell of raising ?20K for a ******* deposit BEFORE having to worry about whether or not they can actually get a ******* mortgage in the first place?)

It's property that got us into this mess in the first place. There is no such thing as money, just speculation about future demands,

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I would argue that property wasn't the problem. I would say that it was banks giving mortgages out at 110-130% of the value of the property to people who they knew fine rightly would never be able to pay them back. The reason house prices rose, was as a direct result of banks giving out more and more money. As they did this, house prices got more expensive. Just because the mortgage market is the largest lending market out there placed all the focus on that.

Property was just an innocent bystander in it all, and the problem lies firmly at the banks and idiot people. Who in their right mind gets a mortgage at 120% of the value of their house? It puts you in negative equity straight away. In the end, it has put people like me, who have come out of university with an employable degree, gone into a good, well paid job and is looking at getting on the property ladder when it is low. The fact that due to my age, and my former status as a student means that I find it difficult to get credit anyway is a different matter.

The government should be encouraging people to start buying houses again, and that should drive the market. What they need to do is provide some incentive for the banks to give out mortgages to us. A recent enquiry on my behalf found that most places were willing to provide a mortgage based on my hypothetical earnings on a moderately priced flat, but with a 15-20% deposit required on that property.

To put that into context, I live in Glasgow. Unless I want to get stabbed every day, I would be looking at somewhere between ?125-175K for a good quality flat in a decent location. At my current wage scale, it would take me a good number of years to save up for a deposit (that takes into account current living expenses), by which that time the housing market would have recovered and I would most likely need a higher deposit. Tell me how that is fair?

We are consistently told that the youth are the future of the country. Well how about they start acting like it, and helping us out. We aren't all spongers you know, and some of us did go to University with the outlook to have a good job at the end of it - not to do an 'arts' degree.

Maybe this discussion is best kept for the Serious Topics forum?

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If your really keen on a bet, and want to research...

I've had a look at what Darling has said in the last year or so in his budget type speeches, and what his office say on their web site. People are creatures of habit when it comes to patterns of speech, Politicians even more so when it comes to drumming their ideology into the rest of us. As an example, who dreampt up that propaganda phrase "Credit Crunch" that's now on everyone's lips. How clever was that ! it steers our minds and our concerns away from talking about Recession or worse Depression.

As long as Gormless Gordon, Meddlesome Mendelson et-al can bridle our tongues and turn our heads to see the world as they want us to see it, they maintain control.

Anyway, I digress, here's a list of words that Alistair has mentioned at least 4 times in {near every} budget type speech he has made in the last year...

Downturn: a 4/7 chance, 4 times at least in 5 speeches.

Recovery: a 1/4 chance, as many as 6 times in one speech, and never yet missed the word in a budget type speech.

Recession: a 1/2 chance, this is his favourite buzz word, best bet of all the odds on chances, 8 times in one speech.

Credit Crunch: a 3/1 chance, is out of form, only used once in a formal/budget type speech.

Difficult Times: a 1/2 chance, don't do well on this {formal speech} course, having won only once in 5 outings.

Knob: a Palm Sister colt out of Home Secretary, at 33/1 represents value, although he tends to fade when challenged he has been known to spurt at the finish. Hasn't performed all that well when ridden by J.Smith who seems to have trouble doing the weight, even though the colt has a ?10 penalty from his last outing.

Bollocks: a Meddlesome Mendelson mare rumoured to be out of Two Jags, tried to hang left on several occasions but seems ungenuine, at 50/1 is the proverbial talking horse with an ability that almost matches the sires good looks.

Knackered: a Socialist gelding, sired by NuLabour, now owned by "The Workers", will unfortunately be carrying top weight {again} is easy to back at 100/1 and typically represents the syndicates chance.

Formcast:

With some persuasion from the whip Knob may find his action, if he does he'll go in, and Bollocks won't be far behind, after that Knackered is almost a certainty...

Butcher at 250/1?! Is he trying to save the economy by throwing ICT a ?100 billion lifeline?

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" Gambling " is now down to 12 / 1

Worse than that, it took the so called "Traders"at Ladbrokes an age this morning before they would lay me a bet.

I wanted a monkey on Gambling, but at the finish all they'd lay me was 200 quid at 10/1 :rotflmao: so I took it, waiting by the wireless the now for the results to come in...

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He said gaming, but not gambling :rotflmao:

Trust the b*stard to do me on a twist of the word, sigh...

Ladbrokes are bollocks too, when I asked about Downturn @ 4/7 wanting a couple of grand on either that or Recession they said I could have 20 quid on it, FFS... what's wrong with them ? don't they have the nerve to stand a bet !

As it turned out though they saved me 300 quid on "Gambling" but if I could have had a couple of grand on the more favoured runners, "Downturn" & "Recession" I'd have picked a bit of money up :thumb04:

Here's an interesting link from CH4 showing how often certain buzz words were used...

Darlings Buzz Words...

Edited by Canada Bob
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Who the hell started this fekkin thread :rotflmao:

Some bloke who don't even listen to his own words :018:

The last two weeks have to be the worst run I've ever had, not just in how much I've burned, but no matter what I bet on it goes pear shaped as soon as the race starts or the match kicks off.

Hard to believe that on other days I've walked into the Bookies and backed one winner after the other, now I can't buy a winning bet. How the **** does it work, what the hell is "Luck" where did mine go, and when's it coming back :thumb04:

I'm beginning to think it's the Wigin Mafia jinxing me, they've been giving me all these "good things" from Rugby to F1. I've followed them into the mire and it just seems to be swallowing us all up, talk about a Bookies Black Hole...

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We are consistently told that the youth are the future of the country. Well how about they start acting like it, and helping us out. We aren't all spongers you know, and some of us did go to University with the outlook to have a good job at the end of it - not to do an 'arts' degree.

Oh contrare EWS, it is you who will be picking up the tab for many years to come. :rotflmao:

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We are consistently told that the youth are the future of the country. Well how about they start acting like it, and helping us out. We aren't all spongers you know, and some of us did go to University with the outlook to have a good job at the end of it - not to do an 'arts' degree.

Oh contrare EWS, it is you who will be picking up the tab for many years to come. :rotflmao:

Tell me about it. Ever so slightly pissed off, hence why one of my plans is to hotfoot it out of this country at some point. I wonder how many 150K+ earners suddenly decide that the UK isn't their home anymore?

The thing is, they seem to be penalising everything about me really.

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