taxman Posted June 30, 2010 Share Posted June 30, 2010 I agree with you it is great to see the conservatives and liberals working together for the good of the country and I think Clegg is doing a great job. Not what you were saying a while ago Nick Clegg failed to admit or mention some of his policies on the tv debate. Some of them sound just about as crazy as getting rid of Trident. Making smaller classes (great in an ideal world with plenty of classrooms to spare)but unfortunately parents would struggle even more to get their children into the school of their choice. Some of the other crazy policies children as young as sixteen would be allowed to buy hardcore porn films and also star in them. Councils would be unable to refuse planning permission for sex shops. They will also legalise brothels. Holidaymakers will be squeezed again for millions of pounds in tax as all duty free shopping would end. Closing all the shops in airports etc. Lags would be allowed the vote. Home owners would be told how to prune their hedges and care for their gardens. Dog owners would also have a new tax on their pets. Not such a nice party... Or do you just support someone once they've abandoned their principles Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 30, 2010 Share Posted June 30, 2010 I agree with you it is great to see the conservatives and liberals working together for the good of the country and I think Clegg is doing a great job. Is there a job description for pet poodle? Link to comment Share on other sites More sharing options...
andyofborg Posted June 30, 2010 Share Posted June 30, 2010 Ain't going to happen. They will make all the right noises and they'll come to nothing. we'll see what happens Behind the scenes some slight of hand will free up the banks to create some other stupidly leveraged investment products and it'll all come crashing down again. they can do that now, no need to do anything behind the scenes. Like you know when all this stuff about BTL and second homes CGT was being talked about in the budget some were getting generous tax breaks reinstated, tax breaks that were taken away under Labour: And the rich get richer your link is to do with holiday lets not BTL or second homes or CGT. Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 30, 2010 Share Posted June 30, 2010 we'll see what happens they can do that now, no need to do anything behind the scenes. your link is to do with holiday lets not BTL or second homes or CGT. No difference in my book. In fact if anything it's just as poisonous and corrosive to rural and seaside communities. It's all part of the whole package about what is wrong with our housing market, and the Tories seek to encourage it. And Clegg helped em. Link to comment Share on other sites More sharing options...
Alien Posted June 30, 2010 Share Posted June 30, 2010 I agree with you it is great to see the conservatives and liberals working together for the good of the country and I think Clegg is doing a great job. Not what you were saying a while ago Quote: Originally Posted by thorphanger "Nick Clegg failed to admit or mention some of his policies on the tv debate. Some of them sound just about as crazy as getting rid of Trident. Making smaller classes (great in an ideal world with plenty of classrooms to spare)but unfortunately parents would struggle even more to get their children into the school of their choice. Some of the other crazy policies children as young as sixteen would be allowed to buy hardcore porn films and also star in them. Councils would be unable to refuse planning permission for sex shops. They will also legalise brothels. Holidaymakers will be squeezed again for millions of pounds in tax as all duty free shopping would end. Closing all the shops in airports etc. Lags would be allowed the vote. Home owners would be told how to prune their hedges and care for their gardens. Dog owners would also have a new tax on their pets. Not such a nice party..." Or do you just support someone once they've abandoned their principles Maybe thorphanger is GB's poodle? GB does a u turn then thorphanger does a massive ... Link to comment Share on other sites More sharing options...
andyofborg Posted June 30, 2010 Share Posted June 30, 2010 No difference in my book. In fact if anything it's just as poisonous and corrosive to rural and seaside communities. It's all part of the whole package about what is wrong with our housing market, and the Tories seek to encourage it. And Clegg helped em. there is a difference and its an important one. i don't dispute that the housing market is dysfunctional, the coalition has had one chance to do something and decided not to, they have 4 more years to do something, the labour party had 13 years and made things worse. to be fair, proper reform of the housing market is going to be difficult, particularly if you are wanting to see prices come down. the unpopped part of the asset bubble is property prices, unfortunately popping that bubble is going to destabilise the lenders to the extent that we will likely end up back where we were 2 years ago. this really deserves its own thread. Link to comment Share on other sites More sharing options...
Guest sibon Posted June 30, 2010 Share Posted June 30, 2010 When? I've seen him say plenty to the opposite effect. He did say this though. On a big dayglo yellow leaflet. In hindsight, blue would have been better. Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 30, 2010 Share Posted June 30, 2010 there is a difference and its an important one. i don't dispute that the housing market is dysfunctional, the coalition has had one chance to do something and decided not to, they have 4 more years to do something, the labour party had 13 years and made things worse. to be fair, proper reform of the housing market is going to be difficult, particularly if you are wanting to see prices come down. the unpopped part of the asset bubble is property prices, unfortunately popping that bubble is going to destabilise the lenders to the extent that we will likely end up back where we were 2 years ago. this really deserves its own thread. I don't see any big difference between a buy to let holiday home and a buy to let investment home. Very similar investment vehicles in many ways, and let's face it if you are an ordinary person struggling to buy just one home it all looks the same. As for the housing market as a Labour supporter I class that as perhaps the biggest failure of their 13 years in power. To make home ownership a matter of luck and timing was unforgivable - in my mind a decent hard working family should always be able to afford a decent house and to see those opportunities taken away by investors, BTL, people who lied to get self cert mortgages etc... etc... etc... is so unfair. The sad thing is I don't think the Tories would have done anything different. Over-inflated house prices are bad news for any economy because of the sharp correction that must inevitably come, uniquely so for the UK because of our very high levels of property ownership, and I haven't seen one mention from the Tories of them tackling the problem. Not one. In fact they seem to want to keep interest rates low which will only keep house prices on life support for longer. I hope that we do get some correction to the market but I think the Tories will fight hard to keep it inflating. Link to comment Share on other sites More sharing options...
Guest sibon Posted June 30, 2010 Share Posted June 30, 2010 in a free market environment the banks would have been allowed to fail, and there is a view that they should have been allowed too. If there is another crisis that will probably be what happens since there isn't the money for another bailout. the general consensus seems to be that uk banks will be forced to either separate retail and investment functions or carry a much larger capital reserve and the banking tax announced in the budget penalises those banks which rely on risky short term wholesale funding. if these reforms are carried through then the bank should be more stable. there is also a need for the owners of the banks, the shareholders, to accept some responsibility and ensure that the banks are managed properly. A highly sensible post. However, Will Hutton was claiming on Sunday, that the main motivation for the savage spending cuts we are seeing was the probable need to shore up the banks again, when we reach banking crisis number two. If that is really what the coalition is up to, I see trouble ahead... with a capital T R O U B L E. Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 30, 2010 Share Posted June 30, 2010 A highly sensible post. However, Will Hutton was claiming on Sunday, that the main motivation for the savage spending cuts we are seeing was the probable need to shore up the banks again, when we reach banking crisis number two. If that is really what the coalition is up to, I see trouble ahead... with a capital T R O U B L E. I read it a different way. The issue is we are now beholden to the banks. They know how to squeeze us now. I mean really squeeze us by creating liquidity crises. They know they can take risks and socialise the losses. I can't see that the government is powerful enough to take them on and make any meaningful structural reforms - as soon as they do the banks will threaten to leave the UK. Nothing will change. Link to comment Share on other sites More sharing options...
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