L00b Posted November 28, 2013 Share Posted November 28, 2013 Looks to me like Boris also asked the city boys to eschew loadsamoney behaviour and to spread their wealth in equal measure? Or have I got this bit of his speech wrong? Link to comment Share on other sites More sharing options...
Nagel Posted November 28, 2013 Share Posted November 28, 2013 Boris also said success is related to IQ. Stating the bleeding obvious really. Link to comment Share on other sites More sharing options...
Mister M Posted November 28, 2013 Share Posted November 28, 2013 Hurrah for virtues of greed and envy of the successful in the world's financial centres and boardrooms. It was the vices of fairness and moderation that caused the crash. The poor must shoulder the greatest burden, they are the ones that caused this crisis! Link to comment Share on other sites More sharing options...
Stan Tamudo Posted November 28, 2013 Share Posted November 28, 2013 Boris also said success is related to IQ. Stating the bleeding obvious really. I'm not so sure Nagel. http://newsthump.com/2013/11/28/your-iq-is-definitely-linked-to-your-bank-balance-confirms-boris-johnson/ Link to comment Share on other sites More sharing options...
JR hartley Posted November 28, 2013 Share Posted November 28, 2013 Hurrah for virtues of greed and envy of the successful in the world's financial centres and boardrooms. It was the vices of fairness and moderation that caused the crash. The poor must shoulder the greatest burden, they are the ones that caused this crisis! well put actually the poor did and should shoulder it, the soft loans given to the poor blacks and white trailer trash in the states who could never repay these loans caused the worldwide crash, the loans were created for pc reasons and the have ""all" mentality for "all" Link to comment Share on other sites More sharing options...
poppet2 Posted November 28, 2013 Author Share Posted November 28, 2013 well put actually the poor did and should shoulder it, the soft loans given to the poor blacks and white trailer trash in the states who could never repay these loans caused the worldwide crash, the loans were created for pc reasons and the have ""all" mentality for "all" Those poor, who were persuaded to take out a mortgage by the banks, were told the same as council tenants in the UK. 'A mortgage will work out cheaper than paying rent'. Then, interests rates increased. Those people were no more to blame, just like people in the UK when interest rates doubled in one year from 8% to 16% in the 80s. Link to comment Share on other sites More sharing options...
JR hartley Posted November 28, 2013 Share Posted November 28, 2013 Those poor, who were persuaded to take out a mortgage by the banks, were told the same as council tenants in the UK. 'A mortgage will work out cheaper than paying rent'. Then, interests rates increased. Those people were no more to blame, just like people in the UK when interest rates doubled in one year from 8% to 16% in the 80s. i am sure they didnt take much persuading???? in america or uk, the dangle of the carrot to save or make money (which a lot did and do with ex council houses) and that translates into greed! easy its human nature deny all you like:roll: when people invest you dont hear a squeak from them when things are good ...........but when it all goes t..s up..........who can we blame....oh yes the bankers and the tories:huh: Link to comment Share on other sites More sharing options...
RonJeremy Posted November 28, 2013 Share Posted November 28, 2013 well put actually the poor did and should shoulder it, the soft loans given to the poor blacks and white trailer trash in the states who could never repay these loans caused the worldwide crash, the loans were created for pc reasons and the have ""all" mentality for "all" Quite right. The poor should not have been encouraged to borrow by the PC brigade and the bankers should not have loaned to those who couldn't afford it - the NINJAs Link to comment Share on other sites More sharing options...
chem1st Posted November 28, 2013 Share Posted November 28, 2013 greed is what makes the economic world go round dontcha know?? without greed we would have no entrepreneurs,nobody that risks their money to improve their lives and pay the wages of the workers, we wouldn't have the 1% that pay 30% of all taxes !! then where would we be??? They don't pay 30% of all taxes. Link to comment Share on other sites More sharing options...
RonJeremy Posted November 28, 2013 Share Posted November 28, 2013 They don't pay 30% of all taxes. I wonder where he got that from. Bet they pay a lot more tax than you do Link to comment Share on other sites More sharing options...
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