Norfolk born James Dyson, a generous man

[canarydan23 4,060]

1 hour ago, Herman said:

Big Vince. Read/watch the following.It helps explain the global meltdown.

https://en.wikipedia.org/wiki/The_Big_Short_(film)

Brilliant film.

[Faded Jaded Semi Plastic SOB 1,034]

8 hours ago, Big Vince said:

The last Labour govt was running a deficit above £160bn per annum. No economist would consider this remotely sustainable. The big mistake the Tories have made is failing to introduce sweeping health and welfare reforms to bring expenditure in line with tax receipts. The principle of free at the point of delivery should have been abolished for the NHS and state pensions should have been means tested. It is ironic that posters on here who advocate Norwich City being run debt free don't hold the UK state to the same principle.

Isn't means testing the State Pension at odds with your beliefs that somebody who works all there life and saves money should not be punished for doing so?. Wouldn't means testing mean that you could have a situation where one individual paid more NI contributions than another individual but get a lower State Pension?...........

[Big Vince 318]

33 minutes ago, Faded Jaded Semi Plastic SOB said:

Isn't means testing the State Pension at odds with your beliefs that somebody who works all there life and saves money should not be punished for doing so?. Wouldn't means testing mean that you could have a situation where one individual paid more NI contributions than another individual but get a lower State Pension?...........

People should be working all their life and putting money into a private pension. This is a core principle of self reliance. People should not be looking to the state. Both National Insurance and the state pension should be phased out. Only the most needy should be supported in old age. People with occupational pensions and those who derive income from property and other asset classes do not need the state pension as well. It is ridiculous that Alan Sugar is entitled to a state pension and winter fuel payment just by virtue of being old.

Edited November 22, 2023 by Big Vince

[Big Vince 318]

3 hours ago, canarydan23 said:

Brilliant film.

So who is playing Fred the Shred and Gordon Brown? This was not just a few rogue traders. It involved political and financial elites who set the rules of the game.

[canarydan23 4,060]

37 minutes ago, Big Vince said:

So who is playing Fred the Shred and Gordon Brown? This was not just a few rogue traders. It involved political and financial elites who set the rules of the game.

What rules did Gordon Brown set that caused Fannie Mae and Lehman Brothers to collapse you oddball.

[TheGunnShow 5,957]

Right, how the frig are many people going to save in a private pension in a cost-of-living crisis when they can't even afford to get on the bloody housing ladder?

They can't afford to get a house, they can't afford to have kids, they sure as hell can't afford to save in a pension fund!

[Big Vince 318]

22 minutes ago, canarydan23 said:

What rules did Gordon Brown set that caused Fannie Mae and Lehman Brothers to collapse you oddball.

The US and UK are joined at the hip across multiple sectors, including regulatory alignment.

[Big Vince 318]

14 minutes ago, TheGunnShow said:

Right, how the frig are many people going to save in a private pension in a cost-of-living crisis when they can't even afford to get on the bloody housing ladder?

They can't afford to get a house, they can't afford to have kids, they sure as hell can't afford to save in a pension fund!

The present National Insurance deductions from your pay would compulsorily be diverted into a private pension pot instead of going to HM Treasury. So net pay wouldn't be affected.

[Faded Jaded Semi Plastic SOB 1,034]

10 minutes ago, Big Vince said:

The present National Insurance deductions from your pay would compulsorily be diverted into a private pension pot instead of going to HM Treasury. So net pay wouldn't be affected.

This just confirms to me that you are either a wind up merchant or bat **** crazy................

Edited November 22, 2023 by Faded Jaded Semi Plastic SOB

[TheGunnShow 5,957]

And if the private provider goes bust then they're knackered. And none of that answers the other points - they can't afford to get on the property ladder and can't afford to have kids.

Yep, it's doomed to fail. Needs a rise in the pension age, but that's not a vote winner to put it mildly. The plain and simple problem is this: it is too expensive for many to live nowadays whilst saving anything aside.

What we see here is the nadir of a period where wage increases have not remotely kept pace with housing or indeed the cost of living. To put in perspective, the average house price in 1980 was around £20K. That same house now: £240K. Average salary then - around 6K (so the average house was close to 3.5x the average salary). Now it's around £28K according to the ONS (average house is now 8.5x the average salary). That's before looking at rents which are often 35-50% of monthly salary and before bills and eating.

[Big Vince 318]

1 minute ago, Faded Jaded Semi Plastic SOB said:

This just confirms to me that you are either a wind up merchant or bat **** crazy................

Continuing along the path of managed decline is not an option, unless you want an apocalyptic future for the generations to come. When treasuries run out of money they will come for everything you own.

[Faded Jaded Semi Plastic SOB 1,034]

3 minutes ago, Big Vince said:

Continuing along the path of managed decline is not an option, unless you want an apocalyptic future for the generations to come. When treasuries run out of money they will come for everything you own.

Best not to have two brass farthings to rub together then.............

[Big Vince 318]

1 minute ago, Faded Jaded Semi Plastic SOB said:

Best not to have two brass farthings to rub together then.............

Agreed.

[DraytonBoy 159]

One of the biggest issues facing millions of people right now is affordable housing, successive governments have failed to build enough homes for an expanding population hence the current crazy rents and house prices. A mass affordable house building plan along with relaxed plans rules would in a very short space of time cure so many ills and give people hope for the future plus it would guarantee jobs for 0000's of building workers etc for years to come.

[Big Vince 318]

3 hours ago, DraytonBoy said:

One of the biggest issues facing millions of people right now is affordable housing, successive governments have failed to build enough homes for an expanding population hence the current crazy rents and house prices. A mass affordable house building plan along with relaxed plans rules would in a very short space of time cure so many ills and give people hope for the future plus it would guarantee jobs for 0000's of building workers etc for years to come.

Brexit was supposed to stop more people coming in, but we learn this morning that net migration is still over 700,000 per year.

[Big Vince 318]

On 21/11/2023 at 08:50, PurpleCanary said:

The same could have been said about Germany's beaten down state after world war one and yet just over 20 years later the Wehrmacht was in Paris. Uniting France and Germany economically was definitely seen as the way to prevent another war at some point, even if years off:

"With growing international tensions after the war, [Jean] Monnet felt that it was time to pursue European unity and he and his team began work on the concept of a European Community. On 9 May 1950, Robert Schuman, France’s Minister of Foreign Affairs, delivered the ‘Schuman Declaration’ on behalf of the French government.

"This Declaration was instigated and prepared by Monnet and proposed to place all German-French production of coal and steel under one high authority. The idea behind this was that if the production of these resources were shared by the two most powerful countries in Europe, it would prevent any future war."

And as to old European rivalries being consigned to history, tell that to the peoples of the Balkans post-Tito. Stick to being wrong about Norwich City.

In congratulating the new Dutch leader this morning, the next French President stated that the result: "confirms the growing attachment to the defence of national identities". Straight from the horse's mouth. End of.

BTW the Wehrmacht was in Paris because the German state was left intact after WW1, except for the demilitarisation of the Rhineland. After WW2 it was partitioned and occupied by Allied forces so presented no threat to anyone and the FDR adopted a pacifist constitution in any case. The international tensions you refer to were between the West and the Soviet bloc during the Cold War and had nothing to do with France and Germany. That was a political red herring.

Edited November 23, 2023 by Big Vince

[shefcanary 2,435]

12 hours ago, Faded Jaded Semi Plastic SOB said:

This just confirms to me that you are either a wind up merchant or bat **** crazy................

Just to highlight the consultation Hunt announced yesterday over the implementation of a single lifetime private pension pot is the inevitable precursor to what Vinnie is suggesting. 

[Big Vince 318]

3 minutes ago, shefcanary said:

Just to highlight the consultation Hunt announced yesterday over the implementation of a single lifetime private pension pot is the inevitable precursor to what Vinnie is suggesting. 

Hunt's Hotline to Vinnie.

You've just got to hand it to Vinnie, let's be honest.

[Herman 9,798]

16 minutes ago, Big Vince said:

Brexit was supposed to stop more people coming in, but we learn this morning that net migration is still over 700,000 per year.

Shocked, shocked I tell you. 😂😂😂

[Big Vince 318]

4 minutes ago, Herman said:

Shocked, shocked I tell you. 😂😂😂

This is a truly great morning for Vinnie.

What with the election result in Holland, Hunt's Hotline to Vinnie and the net migration figures, it just confirms the abject failure of mainstream political parties to get a grip on any of the major issues.

[Herman 9,798]

8 minutes ago, Big Vince said:

This is a truly great morning for Vinnie.

What with the election result in Holland, Hunt's Hotline to Vinnie and the net migration figures, it just confirms the abject failure of mainstream political parties to get a grip on any of the major issues.

I'm afraid it shows how easy it is to wind up and manipulate a populace. 

[essex canary 498]

2 hours ago, Big Vince said:

Brexit was supposed to stop more people coming in, but we learn this morning that net migration is still over 700,000 per year.

Proof that Tory politics is good for nothing. We need younger people anyway in the light of the lower birth rate.

As for housing if only they would build the houses that people want on brownfield sites instead of concreting over our green and pleasant land and creating environmental chaos.

[Big Vince 318]

2 minutes ago, essex canary said:

Proof that Tory politics is good for nothing. We need younger people anyway in the light of the lower birth rate.

As for housing if only they would build the houses that people want on brownfield sites instead of concreting over our green and pleasant land and creating environmental chaos.

Agreed. Tories are no good because they are shamelessly socialist. There is no party of the right anymore. We need radical thinkers like Keith Joseph.

[duke63 544]

The only party to have run £160bn per year Treasury deficits is the Tory Party. And they continued along that path yesterday by giving tax cuts with money they don't have.

Britain is bust and broken and heading for the rubbish bin.

 

[Herman 9,798]

I have a crazy feeling that Vince may be wasting everyone's time.

[duke63 544]

26 minutes ago, Herman said:

I have a crazy feeling that Vince may be wasting everyone's time.

Well he did vote for Brexit.

What a waste of time and money that was. And screwed the Country over for decades to come.

[chicken 2,639]

On 21/11/2023 at 10:59, duke63 said:

Totally agree. Much of it is to do with Britain's old class system amd inherited wealth and power. Too many people seem to cowtoe to thsoe idiotas in power. Its time they were removed from office and Britain as governed by people with the best interests of the majority actually living here and not just a few inbred idiots. You can see with Labour likely to gain power that the Labour party has suddenly changed way beyond what it is a few years ago and now is just a Tory-lite option.

Recently Schapps mentioned pushing the retirement age past 70. That is just not a viable option. What jobs are there that 70 year old can do? I have just turned 60 and it relatively good health and fitness but there are many things i could with ease 10 years ago but are now not so easy. Add another ten years on and the same will be true again.

 

Oh the retirement age hasn't anything to do with people being able to actually work until then. It's stealthily pushing the financial liability for old age onto people whilst reducing the cost of pensions from those without final salary pensions so they can actually pay those who have.

There is going to be a serious issue in a few years time when people have accidents/injuries at work or have to be retired off early on ill health/poor health/injuries...

But you know, that's tomorrows problem, that's an issue for the future generations of parliament to address, not those in power now.

[littleyellowbirdie 2,564]

13 hours ago, Herman said:

I'm afraid it shows how easy it is to wind up and manipulate a populace. 

What winds most people up is clearly being told they have to accept illegal immigration because of a tangle of international laws that would never have been adopted in the first place if people had realised the consequences. That's the biggest single reason the left is so resented: For repeatedly appearing to put the rest of the world's problems first and doggedly defending the status quo as unalterable.

Keir Starmer gets that, which is why he's holding back on international issues and focusing on a domestic agenda.

Edited November 24, 2023 by littleyellowbirdie

[duke63 544]

On 24/11/2023 at 00:54, littleyellowbirdie said:

What winds most people up is clearly being told they have to accept illegal immigration because of a tangle of international laws that would never have been adopted in the first place if people had realised the consequences. That's the biggest single reason the left is so resented: For repeatedly appearing to put the rest of the world's problems first and doggedly defending the status quo as unalterable.

Keir Starmer gets that, which is why he's holding back on international issues and focusing on a domestic agenda.

Its nigh on impossible to prevent illegal immigration. The only way to do it is to help the Countries that they migrate from more stable, wealthier and such they don't want to go anywhere else where it rains much of the time and is cold for 6 months of the year and is a Nation on the decline.

[essex canary 498]

On 23/11/2023 at 13:33, Big Vince said:

Agreed. Tories are no good because they are shamelessly socialist. There is no party of the right anymore. We need radical thinkers like Keith Joseph.

Keith Joseph seems to have made some good contributions to politics (Health and Housing) in the immediate postwar period when they believed in Keynesian economics. Then he became a moneratist advocate with failed ideas like tuition fees and privatisation. In fairness to him he appeared quite self critical which is hardly the case with many of the current mob.