Mortgage advisors help needed ..

[Geo the Sarge]

Very serious, why should our hard earned money be sent overseas as aid?

how 'hard earned' is it though?  I'd wager that it's a damn site harder surviving in a third world country and grafting hard for peanuts.  Why should we not share a small percentage of our wealth with those who were not fortunate enough to be born into the same level of luxury as us?

I, like many others in this country, have always worked hard for my money.

I have no problem assisting others with aid, my problem is that too often the aid does not get down to the levels where it is intended.

A lot of those you mention are forced to work hard for peanuts by there own greedy governments actions.

Geo

[Jinky04]

I can copy and paste loads of articles too with Conservative tax increases.

Means fukall, bottom line is they all very similar now and a lot of the increases are dependent on our economic situation.

What a ridiculous statement.   The Labour Party have done this country in, open borders with no controls, bottomless pit welfare state, bloated civil service non jobs - massive pensions, PFI,  god, I could go on all night.

So your saying the parties are wide apart in how they would run the country and tax people? they are virtually identical once the rhetoric is taken away. The only party with slightly different policies are the Lib Dem's who can say whatever they want as they will not get in.

I agree with you this country is done in, its in such a state.  I mean all those people feeling the pinch will have to cut back on their sky TV subscription, not continually overspend on huge mortgages, or stop getting take aways every night, or getting pissed up and wasting their money. Fuck me how will we cope?

I also agree with you, now the boarders are open all those minimun wage jobs are being taken up by well manered hard working people who pay taxes! It's now so hard to get a job, you have my sympathy's.

You forget Ecosse is a racist bigot so don't  read too much into his posts.

One of the best things that has happened under the Labour government is the tide of foreign hard working minimum wage workers that now live and work in the uk.
[/quote

100% agree

Well change that to 70%, don't know about Ecosse's alleged bigotry but more agreeing that most immigrants are hardworking and contribute plenty to the exchequer...how it's spent is a different matter.

To further respond to the post asking why "should hour hard earned cash should be spent on aid"...if  one takes the view that the welfare of every human being on the planet is equal, giving aid to less developed countries probably gives a higher rate of 'welfare' return than the same amount spent here in blighty

[Jinky04]

Geo makes a good point about good governance...definitely there is a massive case for aid being targeted rather than being purely cash

[Ecosse]

[/quote

100% agree

Well change that to 70%, don't know about Ecosse's alleged bigotry but more agreeing that most immigrants are hardworking and contribute plenty to the exchequer...how it's spent is a different matter.

To further respond to the post asking why "should hour hard earned cash should be spent on aid"...if  one takes the view that the welfare of every human being on the planet is equal, giving aid to less developed countries probably gives a higher rate of 'welfare' return than the same amount spent here in blighty

My 'alleged' bigotry seems to stem from the fact that, like the left wing BBC,  mr flush thinks anyone who voices their disquiet against the levels of (illegal) immigration into this country is 'a racist bigot'. 


Decorum prevents me from airing on a public forum my thoughts on Mr flush.

[Claw75]

My 'alleged' bigotry seems to stem from the fact that, like the left wing BBC,  mr flush thinks anyone who voices their disquiet against the levels of (illegal) immigration into this country is 'a racist bigot'. 

I suspect Flushy's views are based more on the colourful language you chose to use when voicing your disquiet.  I would link to the relevant posts but they've been deleted from public view, presumably because of their racist content.

[Ecosse]

My 'alleged' bigotry seems to stem from the fact that, like the left wing BBC,  mr flush thinks anyone who voices their disquiet against the levels of (illegal) immigration into this country is 'a racist bigot'. 

I suspect Flushy's views are based more on the colourful language you chose to use when voicing your disquiet.  I would link to the relevant posts but they've been deleted from public view, presumably because of in the opinion of the mods their racist content.

FYP

[Acidmouse]

Making sweeping statements about immigration that are untrue gives the impression your a racist. Nothing to do with left wing, flushy, or the mods.

[TightEnd]

well that didn't take long

from a blog this moring after the £5bn RBOS captial raising


"And so Royal Bank of Scotland (owner of NatWest) is going to be forced to break ranks and admit that it needs to shore up its capital base. A £5bn rights issue is just part of the fun. Expect at least as much again in some for of hybrid securitization and more senior debt. Not for nothing were its shares yielding 9% yesterday. They ain’t gonna be yielding that no more.

Personally, if RBS were a customer seeking a mortgage and I were a bank, the conversation between me and Sir Fred Goodwin, RBS chairman, would go something along the lines of ...

“So, Sir Fred, you want to raise £5bn from us, without very much as collateral, because you went out and splurged money on ABN Amro and you lent money to a mate of yours in the pub who was always a bit dodgy, but he promised that he would pay you back and offered you a caravan as security?”

“Yes, that’s right.”

“Thank you, Sir Fred, but I think I’ll pass on this one. Don’t you know that there’s a credit crisis? We are only dealing with reliable borrowers with a good track record. In other words, like banks, we are only willing to lend to institutions who don’t need it. Close the door on the way out, won’t you?”


Halifax Bank of Scotland will likely be next in line, I guess, perhaps followed by Lloyds TSB and Barclays. HSBC is beginning to look an oasis in a desert of crap financial institutions.

The Bank of England, ever keen to bail out these incompetent basket cases, is apparently willing to accept as much as £30bn in collateral in the form of mortgages. However, if RBS needs to raise £12bn, the question must be, is even that much enough? And that, you should note, already constitutes nearly a thousand quid for every adult in the country. I wouldn’t mind so much if the banks had stepped up to the plate to help Citizen UK in the tough times of the early 1990s, but, as far as I recall, they were too busy wallowing in their bonuses.

The banks, I would think, will try to put a positive spin on this, along the lines of “before today we just didn’t know what the impact was going to be, but now things are becoming clearer and it’s possible to draw a line under the whole affair”. All of this sidesteps the fact that the UK banks have steadfastly insisted in past months that they do not need to raise fresh capital. That line has been exposed as, quite simply, a lie. And it isn’t really ameliorated by the fact that anyone who could see what was happening in the US knew that it was a lie. Sir Fred Goodwin was also the guy who said at last year that the takeover of ABN Amro was a good idea. I think I wrote at the time that this was probably one battle that Fortis would eventually be happy to have lost. That's been proved true even sooner than I anticipated.

If Goodwin doesn’t fall on his sword soon, he will do so in the medium term after some of the fuss has died down, but Goodwin isn’t solely at fault here – it’s corporate complacency at RBS, Lloyds TSB and Barclays that will have caused the problems. They have people who are just money brokers who thought that they understood risk. Brokers don’t understand risk – it’s traders and underwriters who understand risk. The bankers, in other words, thought that they were better at their job than they really were, and they didn’t really understand what their job was anyway."

[mondatoo]

well that didn't take long

from a blog this moring after the £5bn RBOS captial raising


"And so Royal Bank of Scotland (owner of NatWest) is going to be forced to break ranks and admit that it needs to shore up its capital base. A £5bn rights issue is just part of the fun. Expect at least as much again in some for of hybrid securitization and more senior debt. Not for nothing were its shares yielding 9% yesterday. They ain’t gonna be yielding that no more.

Personally, if RBS were a customer seeking a mortgage and I were a bank, the conversation between me and Sir Fred Goodwin, RBS chairman, would go something along the lines of ...

“So, Sir Fred, you want to raise £5bn from us, without very much as collateral, because you went out and splurged money on ABN Amro and you lent money to a mate of yours in the pub who was always a bit dodgy, but he promised that he would pay you back and offered you a caravan as security?”

“Yes, that’s right.”

“Thank you, Sir Fred, but I think I’ll pass on this one. Don’t you know that there’s a credit crisis? We are only dealing with reliable borrowers with a good track record. In other words, like banks, we are only willing to lend to institutions who don’t need it. Close the door on the way out, won’t you?”


Halifax Bank of Scotland will likely be next in line, I guess, perhaps followed by Lloyds TSB and Barclays. HSBC is beginning to look an oasis in a desert of crap financial institutions.

The Bank of England, ever keen to bail out these incompetent basket cases, is apparently willing to accept as much as £30bn in collateral in the form of mortgages. However, if RBS needs to raise £12bn, the question must be, is even that much enough? And that, you should note, already constitutes nearly a thousand quid for every adult in the country. I wouldn’t mind so much if the banks had stepped up to the plate to help Citizen UK in the tough times of the early 1990s, but, as far as I recall, they were too busy wallowing in their bonuses.

The banks, I would think, will try to put a positive spin on this, along the lines of “before today we just didn’t know what the impact was going to be, but now things are becoming clearer and it’s possible to draw a line under the whole affair”. All of this sidesteps the fact that the UK banks have steadfastly insisted in past months that they do not need to raise fresh capital. That line has been exposed as, quite simply, a lie. And it isn’t really ameliorated by the fact that anyone who could see what was happening in the US knew that it was a lie. Sir Fred Goodwin was also the guy who said at last year that the takeover of ABN Amro was a good idea. I think I wrote at the time that this was probably one battle that Fortis would eventually be happy to have lost. That's been proved true even sooner than I anticipated.

If Goodwin doesn’t fall on his sword soon, he will do so in the medium term after some of the fuss has died down, but Goodwin isn’t solely at fault here – it’s corporate complacency at RBS, Lloyds TSB and Barclays that will have caused the problems. They have people who are just money brokers who thought that they understood risk. Brokers don’t understand risk – it’s traders and underwriters who understand risk. The Wankers, in other words, thought that they were better at their job than they really were, and they didn’t really understand what their job was anyway."

 

Also just wanted to say thanks 4 all the post they've mostly been very helpful,i won't get involved in the racial debate except to say i think a big problem with many people issues with foreigners coming over here is there own ignorance(guess i am now hmm!).Also many thanks for all the pms recieved all your help is very much appreciated.

[boldie]

well that didn't take long

from a blog this moring after the £5bn RBOS captial raising


"And so Royal Bank of Scotland (owner of NatWest) is going to be forced to break ranks and admit that it needs to shore up its capital base. A £5bn rights issue is just part of the fun. Expect at least as much again in some for of hybrid securitization and more senior debt. Not for nothing were its shares yielding 9% yesterday. They ain’t gonna be yielding that no more.

Personally, if RBS were a customer seeking a mortgage and I were a bank, the conversation between me and Sir Fred Goodwin, RBS chairman, would go something along the lines of ...

“So, Sir Fred, you want to raise £5bn from us, without very much as collateral, because you went out and splurged money on ABN Amro and you lent money to a mate of yours in the pub who was always a bit dodgy, but he promised that he would pay you back and offered you a caravan as security?”

“Yes, that’s right.”

“Thank you, Sir Fred, but I think I’ll pass on this one. Don’t you know that there’s a credit crisis? We are only dealing with reliable borrowers with a good track record. In other words, like banks, we are only willing to lend to institutions who don’t need it. Close the door on the way out, won’t you?”


Halifax Bank of Scotland will likely be next in line, I guess, perhaps followed by Lloyds TSB and Barclays. HSBC is beginning to look an oasis in a desert of crap financial institutions.

The Bank of England, ever keen to bail out these incompetent basket cases, is apparently willing to accept as much as £30bn in collateral in the form of mortgages. However, if RBS needs to raise £12bn, the question must be, is even that much enough? And that, you should note, already constitutes nearly a thousand quid for every adult in the country. I wouldn’t mind so much if the banks had stepped up to the plate to help Citizen UK in the tough times of the early 1990s, but, as far as I recall, they were too busy wallowing in their bonuses.

The banks, I would think, will try to put a positive spin on this, along the lines of “before today we just didn’t know what the impact was going to be, but now things are becoming clearer and it’s possible to draw a line under the whole affair”. All of this sidesteps the fact that the UK banks have steadfastly insisted in past months that they do not need to raise fresh capital. That line has been exposed as, quite simply, a lie. And it isn’t really ameliorated by the fact that anyone who could see what was happening in the US knew that it was a lie. Sir Fred Goodwin was also the guy who said at last year that the takeover of ABN Amro was a good idea. I think I wrote at the time that this was probably one battle that Fortis would eventually be happy to have lost. That's been proved true even sooner than I anticipated.

If Goodwin doesn’t fall on his sword soon, he will do so in the medium term after some of the fuss has died down, but Goodwin isn’t solely at fault here – it’s corporate complacency at RBS, Lloyds TSB and Barclays that will have caused the problems. They have people who are just money brokers who thought that they understood risk. Brokers don’t understand risk – it’s traders and underwriters who understand risk. The bankers, in other words, thought that they were better at their job than they really were, and they didn’t really understand what their job was anyway."

excellent post. (always nice to see someone agreeing with me about HSBC as well  )

[cia260895]

[/quote]
One of the best things that has happened under the Labour government is the tide of foreign hard working minimum wage workers that now live and work in the uk.
[/quote]

at least they can now pay tax @ 20% 

[ifm]

 

Also just wanted to say thanks 4 all the post they've mostly been very helpful,i won't get involved in the racial debate except to say i think a big problem with many people issues with foreigners coming over here is there own ignorance(guess i am now hmm!).Also many thanks for all the pms recieved all your help is very much appreciated.

This is the problem, it has nothing to do with race or immigrant workers for that matter it is to do with immigrants coming here purely for handouts be it via benefits or the nhs, it's wrong.

[Jinky04]

 

This is the problem, it has nothing to do with race or immigrant workers for that matter it is to do with immigrants coming here purely for handouts be it via benefits or the nhs, it's wrong.

But most immigrants come here for economic reasons- not to scrounge or sponge, but to work. A great deal of anecdotal evidence suggests that many of those who do rely on the state for their income (i.e. asylum seekers/ refugees still awaiting confirmation of their right to remain) would prefer to earn their own living but are prevented from doing so by their legal limbo.

As for people coming to the UK for the NHS, I would have thought the bigger problem would be Brits going to poorer countries for cheaper healthcare thereby pushing up the cost for locals?

[boldie]

This is the problem, it has nothing to do with race or immigrant workers for that matter it is to do with immigrants coming here purely for handouts be it via benefits or the nhs, it's wrong.

But most immigrants come here for economic reasons- not to scrounge or sponge, but to work. A great deal of anecdotal evidence suggests that many of those who do rely on the state for their income (i.e. asylum seekers/ refugees still awaiting confirmation of their right to remain) would prefer to earn their own living but are prevented from doing so by their legal limbo.

As for people coming to the UK for the NHS, I would have thought the bigger problem would be Brits going to poorer countries for cheaper healthcare thereby pushing up the cost for locals?

Thank you.

[ifm]

This is the problem, it has nothing to do with race or immigrant workers for that matter it is to do with immigrants coming here purely for handouts be it via benefits or the nhs, it's wrong.

But most immigrants come here for economic reasons- not to scrounge or sponge, but to work. A great deal of anecdotal evidence suggests that many of those who do rely on the state for their income (i.e. asylum seekers/ refugees still awaiting confirmation of their right to remain) would prefer to earn their own living but are prevented from doing so by their legal limbo.

As for people coming to the UK for the NHS, I would have thought the bigger problem would be Brits going to poorer countries for cheaper healthcare thereby pushing up the cost for locals?

Again you sidestep the group i am talking about but while you do mention asylum seekers/ refugees why do you think they all want to come here?