Poll: *** 2010 General Election Result & Discussion ***

[platypus]

Well so far in his eyes Labour has done no wrong , they are perfect... Which smacks of him being a hard core labourite.

Which is what I was getting at, because saying GB has had a successful tenure in power (both as chancellor and PM) is utterly nonsensical.

 

[dave1983]

i wish there was a style of V for Vendetta, that would be friggin awsome

 

[iamtheoneneo]

What thats not how it works you fool? Maybe I want to earn 15% on the savings I have in my account? My mortgage is 30% the value of my house what are you on about?

i wouldnt bother he clearly lacks an intelligance ... probably like 99% of labour supporters. i wouldnt be surprised if he gets GB's countless amounts of hand outs that hard working individuals have to pay for to keep our economy from hitting the ****ter.

he constantly spams 'learn more' as if to validate everything he says as fact...

 

[Third Opinion]

Labour bought us the biggest, longest economic boom EVER. EVER. It was friggin awesome!

I need some of what he has been taking!!!

 

[britboy4321]

What thats not how it works you fool? Maybe I want to earn 15% on the savings I have in my account? My mortgage is 30% the value of my house what are you on about?

Er, yes it is. If the bank of England rates are at 15%, then your average mortgage tracker will be .. uh .. 15%.

er, that's kind of how it works. Ask .. kinda .. anyone ..



(By the way, put your savings into your mortgage for goodness sake, the interest savings arn't being taxed ..). By having savings and ANY mortgage left, at the same level of interest, this PROVES you don't know how to work your money. YOU ARE PAYING TAX ON YOUR SAVINGS' INTEREST.

Learn more ..

 

[div0]

<stuff on 45% turnout>

You don't understand the term 'turnout', or you're confused by Labour winning with 45% of the vote.

Turnout refers to the percentage of people who choose to vote, compared to those who choose not to. The turnout in the UK is typically around 60-70%. This means that 30-40% of people choose not to vote.

The post you linked to showed that Labour's largest ever win, was when they received 45% of all the votes made, with 55% of the votes going to other parties. This has nothing to do with a 45% turnout.

 

[Xelene]

We've had 13 years of building anger , and this is showing...

The events 13 years ago were triggered by absolute fury.

 

[badcompany]

Er, yes it is. If the bank of England rates are at 15%, then your average mortgage tracker will be .. uh .. 15%.

er, that's kind of how it works. Ask .. kinda .. anyone ..



(By the way, put your savings into your mortgage for goodness sake, the interest savings arn't being taxed ..). By having savings and ANY mortgage left, at the same level of interest, this PROVES you don't know how to work your money. YOU ARE PAYING TAX ON YOUR SAVINGS' INTEREST.

Learn more ..

my house is 225k my mortgage is 70k so I will not
be paying 15% of the value of my house each year, jesus don't they teach them anything anymore this is also offset with investments.

my life time tacker is 0.5% above BOEBR

Savings are in tax free isa's

 

[britboy4321]

Which is what I was getting at, because saying GB has had a successful tenure in power (both as chancellor and PM) is utterly nonsensical.

Obviously he had good points and bad points.

The people here can't remember the previous tories.

So they think his time here was awful, because they have no form of comparison.

That's like me saying 'Modern cars have rubbish acceleration' without comparing them to anything at all, just kinda saying it! It's a no-sense statement.

 

[AGD]

Cameron to say at 2.30 how he will form a government. Also labour seem to be going all out to woo the lib dems with big electoral reform promises.

 

[Dolph]

And you're entitled to your opinion and me mine.

I think a more authoritarian society is preferable. Now don't go to the extreme and start talking about Hitler and Stalin type societies as that's not what I'm saying.

I'll avoid it if you can avoid the hyperbole around leaving people out on the streets etc.

But yes the cornerstone in my brain is people individually are selfish and greedy. We need something as awesome as government to get the best out of us, to force EVEN THE GREEDY PEOPLE to look after members of our society who require it.

I agree, but that doesn't have to involve punishing the successful, or indeed massive authoritarian dictats on behaviour or attitude.

The tories think 'Screw them, screw government'.

You may think so, you may be right in some places, but it is no different to some in the Labour party believing that it's the government's job to employ people doing nothing productive, that the state always knows best, the people should be dependent on the state and so on.

Governance is one of societies best ever inventions. The most progressive invention. To try and destroy/weaken it so that 'those without money and no other choice either work as prostitutes, thieve, or starve to death' isn't a society I personally want.

Ah, there comes the hyperbole. I don't want that either, I want fair and proportionate taxation and benefits for all, to prevent what you describe above from happening without instead trapping those people in state dependency where they cannot better themselves and any attempt to do so leaves them worse off, and where the rest of society begrudges them the support because it in effect rewards for poor lifestyle choices.

That's why I support NIT, government access control for services (as opposed to provision) and a much simpler and more free social order.

Even if I've got a cheaper tax bill

:/

I'm far less bothered about cheaper taxes than I am about fair, efficient taxes. Tax credits, for example, are horrifically inefficient and increasingly trapping compared to the simple act of raising the tax threshold, but it doesn't create as many extra non-jobs, which is part of the Labour vision.

 

[britboy4321]

my house is 225k my mortgage is 70k so I will not
be paying 15% of the value of my house each year, jesus don't they teach them anything anymore this is also offset with investments.

You'd pay 15% interest on 70k,

Then get (probably less but lets say) 15% on your savings.

Then your savings interest is taxed.

And you think that's a sensible way to proceed?


Wow. Awesome.

 

[badcompany]

You'd pay 15% interest on 70k,

Then get (probably less but lets say) 15% on your savings.

Then your savings interest is taxed.

And you think that's a sensible way to proceed?


Wow. Awesome.

Go away and come back when you have a mortgage and a real life.

 

[Martini1991]

Not here, we got Lib Dems in (Redcar)

Ian Swales ***?

 

[Bar]

Er, yes it is. If the bank of England rates are at 15%, then your average mortgage tracker will be .. uh .. 15%.

er, that's kind of how it works. Ask .. kinda .. anyone ..



(By the way, put your savings into your mortgage for goodness sake, the interest savings arn't being taxed ..). By having savings and ANY mortgage left, at the same level of interest, this PROVES you don't know how to work your money. YOU ARE PAYING TAX ON YOUR SAVINGS' INTEREST.

Learn more ..

The vast majority of tracker rates are X% above Bank of England base rate - take this from someone who has worked in pretty much every retail bank in the UK.

You can use your savings to reduce your mortgage balance which will either:

a) reduce the time it takes to pay off the mortgage - assuming your regular payments stay the same.

b) reduce the amount you pay on a monthly basis as the overall balance will be reduced.

Your other option is to offset the interest you would earn on your savings against the interest you would pay on your mortage - a concept introduced by Jim Spowart at Intelligent Finance.

There are lots of ways to effectively manage your money and it depends entirely upon that persons individual situation - there is no "golden method" to most effectively manage money.

Also it is worth noting that there is usually a fairly substantial difference between the interest charged on credit products (mortgages, credit cards, loans) and the interest paid on debit products (savings, current accounts) this is where the banks make a substantial amount of money.

Further - you are assuming that all savings products are taxable - there are a number of ways of reducing the tax burden on your savings - for starters using ISAs.

 

[Dolph]

You'd pay 15% interest on 70k,

Then get (probably less but lets say) 15% on your savings.

Then your savings interest is taxed.

And you think that's a sensible way to proceed?


Wow. Awesome.

It can be, because there is the issue of additional cost vs flexibility. Pour all your money into the house and you can't get at it easily in the event of an emergency (because many of the emergencies that would require you to do so can also impede drawing on mortgage equity or getting a loan).

In absolute terms, you are right, in practical terms, there are many reasons for not putting all your apples into one basket.

 

[sammo62]

The Liberal Party (the term was first used officially in 1868 but had been used colloquially for decades beforehand) arose from a coalition of Whigs, free trade Tory followers of Robert Peel, and free trade Radicals, first created, tenuously under the Peelite Lord Aberdeen in 1852, and put together more permanently under the former Canningite Tory Lord Palmerston in 1859. Although the Whigs at first formed the most important part of the coalition, the Whiggish elements of the new party progressively lost influence during the long leadership of the Peelite William Ewart Gladstone, and many of the old Whig aristocrats broke from the party over the issue of Irish home rule in 1886 to help form the Liberal Unionist Party — which itself would merge with the Conservative Party by 1912. The Unionist support for (trade) protection in the early twentieth century under Joseph Chamberlain (probably the least Whiggish character in the party) further alienated the more orthodox Whigs, however, and by the early twentieth century Whiggery was largely irrelevant and without a natural political home.

Yeah I know lol.

I was just making the point the Liberal Party had existed long before Labour, in their own right, not just as Whigs.

 

[badcompany]

The vast majority of tracker rates are X% above Bank of England base rate - take this from someone who has worked in pretty much every retail bank in the UK.

You can put use your savings to reduce your mortgage balance which will either:

a) reduce the time it takes to pay off the mortgage - assuming your regular payments stay the same.

b) reduce the amount you pay on a monthly basis as the overall balance will be reduced.

Your other option is to offset the interest you would earn on your savings against the interest you would pay on your mortage - a concept introduced by Jim Spowart at Intelligent Finance.

There are lots of ways to effectively manage your money and it depends entirely upon that persons individual situation - there is no "golden method" to most effectively manage money.

Don't bother he is ignorant.

 

[Guerrilla]

Ian Swales ***?

Here's hoping!

 

[britboy4321]

Go away and come back when you have a mortgage and a real life.

I had a mortgage for 5 years.

Though admittedly, it is 100% gone now.

:/