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When interest rates go up will you lose your home?


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And then get fired pretty quickly afterwards. Banks have pretty strict rules in regards to "insider knowledge", trust me.

 

Interest rates will go up when the bankers have fed adequately from the bones of the poor and are ready for another round of poker.

 

Insider knowledge - take a peek at this sickening episode from HMRC select committee last Wednesday

 

http://www.bbc.co.uk/programmes/b017ckcf

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Interest rates will go up when the bankers have fed adequately from the bones of the poor and are ready for another round of poker.

 

Insider knowledge - take a peek at this sickening episode from HMRC select committee last Wednesday

 

http://www.bbc.co.uk/programmes/b017ckcf

 

Could you please give a description of what was said in laymans terms as that is quite intolerable to watch.

 

It seems to concern the Vampire Squid (Goldman Sachs) and the likes of Vodafone and their non payment of tax, and non payment of interest upon the tax. And them been given 'time to pay' even though they could pay now, whilst many SMEs have been hounded by HMRC to such a degree that people have been forced onto the dole and production of real wealth ceased.

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A big problem with the repossessions are folk who had a mortgage and when property prices spiraled remortgaged to get a big wad of cash that they could spend on an extravagant life style that they couldn't afford.

For a lot the chickens have come home o roost. A 56 inch flat screen TV is a pretty poor substitute for a roof over your head.

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  • 1 month later...
Could you please give a description of what was said in laymans terms as that is quite intolerable to watch.

 

It seems to concern the Vampire Squid (Goldman Sachs) and the likes of Vodafone and their non payment of tax, and non payment of interest upon the tax. And them been given 'time to pay' even though they could pay now, whilst many SMEs have been hounded by HMRC to such a degree that people have been forced onto the dole and production of real wealth ceased.

 

What I was noticing was that the oily individual being questioned is having to be reminded who his obligation is to and that he is is a public servant, an PM. He's acting like he's protecting his clients tax interests; as though he's promised not to comply with the committee. These select committees are where the real business of parliament takes place and where you can get a realistic idea of what our government is really up to.

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