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 Post subject: Money
 Post Posted: Wed Apr 19, 2017 6:51 am 
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A report claims that more than 16 million adults have less than £100 of saving, from a database of 48 million adults, with 55.2% of West Midland adults having less than £100, the second worst in the UK.

Is this a shock?

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 6:59 am 
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CANNOCK WOLF wrote:
A report claims that more than 16 million adults have less than £100 of saving, from a database of 48 million adults, with 55.2% of West Midland adults having less than £100, the second worst in the UK.

Is this a shock?



Nope, The Tories have created a low pay insecure society but retained easy access to credit.

People not knowing how many hours they will work per week and on pay often below the minimum rates.

But they all want everything right now so they credit max and forget about tomorrow.

Interest rates will explode that bubble thats why the Tories race to the early election as the economy goes down the pan during this withdrawal from the EU.

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 7:07 am 
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45% of those with no savings have a household income above £30,000..
so they aren’t classed as “low-income” and should be more able to overcome obstacles and start saving.

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 7:22 am 
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Just imagine the problems that will occur when the Tories introduce a two tier health service.

When people have to pay for Cancer drugs for example.

How the costs spiral, and how people cant afford treatment.

In future the kids will say to their grand parents why did you give away a free health service so easily.

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 7:26 am 
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Knocker..the battle is lost

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 7:35 am 
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CANNOCK WOLF wrote:
Knocker..the battle is lost



Thats why as many of my relatives are moved out of this Country as possible, with the opportunity for the others to do likewise.

I only stay because of elderly relatives, I'm gone as soon as possible.

Its a right wing selfish state that has greed and an I'm alright culture developed from Thaterism at its core.
A truly horrible society that bound to collapse during the next decade.

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 10:54 am 
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knocker knowles wrote:
CANNOCK WOLF wrote:
Knocker..the battle is lost



Thats why as many of my relatives are moved out of this Country as possible, with the opportunity for the others to do likewise.

I only stay because of elderly relatives, I'm gone as soon as possible.

Its a right wing selfish state that has greed and an I'm alright culture developed from Thaterism at its core.
A truly horrible society that bound to collapse during the next decade.


Where will you go Knocker ?

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 6:37 pm 
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CANNOCK WOLF wrote:
45% of those with no savings have a household income above £30,000..
so they aren’t classed as “low-income” and should be more able to overcome obstacles and start saving.


if 30k is combined with 2 + children it should be low income ...30k with 2 kids and a mortgaga wont get you far.

if its 30k plus on your own lwith a small flat then maybe yes


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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 9:19 pm 
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Saving, is a thing of the past, and when we all used to have a Building Soceity account. For me, these days, I have to budget to pay for our Summer holiday, normally by paying off the bill, on an interest free credit card, over a period of months. So, I guess that's my bit of saving.

I've watched Martin Lewis on telly a bit, and he's finally opened my eyes to start saving money, as opposed to wasting it. I finally had a water meter fitted, recently, because our bill was outrageous, and the new bill, is already £25 per month cheaper. I hould have done that ages ago, likewise switching energy provider, and that will be done over the next couple of days, too.

As a soceity, we've become lazy and wasteful, easy come, easy go, and it's time we pulled our fingers out. If nothing else, try and save some money to pay a chunk off the mortgage, or an ISA type account, towards your kids Uni education cost. Gotta start that n'all :roll:

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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 9:33 pm 
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Knocker, you are right, society is very selfish. Embers, yes, we are a very lazy nation, always looking for a short term easy option so we can keep up with the Jones's.

Me and the Mrs have a very decent income on paper, but it doesn't go far. As DJ says, 2 kids and a mortgage soon consume it, especially as we allow them to have lots of nice things. Uni is looming for my oldest, it worries me but I'm sre we'll get through it. I must admit my biggest worry is what kind of jobs my two boys will have in the future. I too would be interested to know where you think would offer you a better future Knocker. I don't disagree with you, I just am not sure how UK compares to other nations.


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 Post subject: Re: Money
 Post Posted: Wed Apr 19, 2017 10:24 pm 
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suiging wrote:
knocker knowles wrote:
CANNOCK WOLF wrote:
Knocker..the battle is lost



Thats why as many of my relatives are moved out of this Country as possible, with the opportunity for the others to do likewise.

I only stay because of elderly relatives, I'm gone as soon as possible.

Its a right wing selfish state that has greed and an I'm alright culture developed from Thaterism at its core.
A truly horrible society that bound to collapse during the next decade.


Where will you go Knocker ?


Albania has a government, and a climate, and a burgeoning economy that you will love kk, 100% socialist and ready for reform alongside its successful neighbour Greece. Static caravan at fust mate, dont put down roots until you check the lay of the land. Its a winner all ends up chap.

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 Post subject: Re: Money
 Post Posted: Thu Apr 20, 2017 6:31 am 
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hugh jarse wrote:
Knocker, you are right, society is very selfish. Embers, yes, we are a very lazy nation, always looking for a short term easy option so we can keep up with the Jones's.

Me and the Mrs have a very decent income on paper, but it doesn't go far. As DJ says, 2 kids and a mortgage soon consume it, especially as we allow them to have lots of nice things. Uni is looming for my oldest, it worries me but I'm sre we'll get through it. I must admit my biggest worry is what kind of jobs my two boys will have in the future. I too would be interested to know where you think would offer you a better future Knocker. I don't disagree with you, I just am not sure how UK compares to other nations.


I think its important for your kids to gain University degrees and also learn a couple more languages.
Globalisation is here to stay and they have to compete in a more demanding market.

What I would say for people with twenty or so years left working is make sure you get family health insurance.
The Tories will create a two tier system where if you cant pay you get very little.
Likewise with schools class sizes will grow in state schools and the schools will start falling apart in more ways than one.
While schools in more affluent areas will see extra funding in a us and them approach.
Possibly the bigger concern is the safety of people on the streets as crime levels increase due to poverty and desperation.
The nation will split but the consequences will be shared. Thats the scary part, its like America is now, its like Scorsese and Mean Streets part two.

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If team culture is weak losing divides the team. If team culture is strong, losing creates the hunger to win again. Either way culture rules.


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 Post subject: Re: Money
 Post Posted: Thu Apr 20, 2017 7:51 am 
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knocker knowles wrote:
hugh jarse wrote:
Knocker, you are right, society is very selfish. Embers, yes, we are a very lazy nation, always looking for a short term easy option so we can keep up with the Jones's.

Me and the Mrs have a very decent income on paper, but it doesn't go far. As DJ says, 2 kids and a mortgage soon consume it, especially as we allow them to have lots of nice things. Uni is looming for my oldest, it worries me but I'm sre we'll get through it. I must admit my biggest worry is what kind of jobs my two boys will have in the future. I too would be interested to know where you think would offer you a better future Knocker. I don't disagree with you, I just am not sure how UK compares to other nations.


I think its important for your kids to gain University degrees and also learn a couple more languages.
Globalisation is here to stay and they have to compete in a more demanding market.

What I would say for people with twenty or so years left working is make sure you get family health insurance.
The Tories will create a two tier system where if you cant pay you get very little.
Likewise with schools class sizes will grow in state schools and the schools will start falling apart in more ways than one.
While schools in more affluent areas will see extra funding in a us and them approach.
Possibly the bigger concern is the safety of people on the streets as crime levels increase due to poverty and desperation.
The nation will split but the consequences will be shared. Thats the scary part, its like America is now, its like Scorsese and Mean Streets part two.


Who runs these inner city councils?

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 Post subject: Re: Money
 Post Posted: Sat Apr 22, 2017 5:35 am 
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suiging wrote:
knocker knowles wrote:
hugh jarse wrote:
Knocker, you are right, society is very selfish. Embers, yes, we are a very lazy nation, always looking for a short term easy option so we can keep up with the Jones's.

Me and the Mrs have a very decent income on paper, but it doesn't go far. As DJ says, 2 kids and a mortgage soon consume it, especially as we allow them to have lots of nice things. Uni is looming for my oldest, it worries me but I'm sre we'll get through it. I must admit my biggest worry is what kind of jobs my two boys will have in the future. I too would be interested to know where you think would offer you a better future Knocker. I don't disagree with you, I just am not sure how UK compares to other nations.


I think its important for your kids to gain University degrees and also learn a couple more languages.
Globalisation is here to stay and they have to compete in a more demanding market.

What I would say for people with twenty or so years left working is make sure you get family health insurance.
The Tories will create a two tier system where if you cant pay you get very little.
Likewise with schools class sizes will grow in state schools and the schools will start falling apart in more ways than one.
While schools in more affluent areas will see extra funding in a us and them approach.
Possibly the bigger concern is the safety of people on the streets as crime levels increase due to poverty and desperation.
The nation will split but the consequences will be shared. Thats the scary part, its like America is now, its like Scorsese and Mean Streets part two.


Who runs these inner city councils?


I was talking to a Tory councilor about this very issue and how Central Government allocates specific pots of money for different services.
You see the general public just see the headline figure and dont understand why the pot of gold can't be put to use in say Social care.
Tories in central government insensitivise local councils by using underhand tactics to get pet projects implemented.
Local councils tell them bollocks and find key funding blocked.
Eventually after meeting after meeting there's an uneasy compromise.
Labour then try and feed lessor amounts than is really required into key front line services.
Tories get their key projects started.
Bottom line the total budget maybe 1% higher in key areas where in real terms they require 4% or more just to stand still.
Now there are different options becoming available for example if you live in a comfy Tory seat like Surrey you can get whats called a sweetheart deal.
It gives you the opportunity to raise more local money then spend that local money on front line services.
So leafy suburbs retain good schools with class sizes less than 30. fully equipped.
Doctors surgeries have less patients and quicker referral for scans and such. Quick access to new improved drugs.
Better Policing with quicker response times and resource. higher moral.
Basically a much higher standard all round community package, not influenced by any kind of austerity.
But if you live in a poorer region, your going to see alarming cuts to your front line services, and for what.
Austerity is just a word Tories use to fool the public into thinking there is no money, truth is there is plenty of money, they just dont want to spend it on the plebs services.

So Hospitals, Schools, Doctors, Police forces, take a massive hit, but thats fine because it enables the super rich to take a tax cut.

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 Post subject: Re: Money
 Post Posted: Sat Apr 22, 2017 11:38 am 
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Note left by Labour in the Treasury.

" I'm afraid there is no money....Kind regards...Good luck"

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 Post subject: Re: Money
 Post Posted: Sun Apr 23, 2017 7:18 am 
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suiging wrote:
Note left by Labour in the Treasury.

" I'm afraid there is no money....Kind regards...Good luck"


We had a situation where Gordan Brown had been especially prudent through the previous decade to show the Labour Government as friends of big business.

Everything carefully costed, and to give the bloke credit it was going well.

Excellent growth, business was booming, front line services were being fully funded.

But because the Thatcher government had closed down the Industrial manufacturing base the country had become over reliant on the Finance industry.

The country needed the taxation that industry provided and allowed far to much deregulation, following Americas lead.

Back to Thatcher, and this depends on where you come from, her decisions had enabled the UK to become the EU powerhouse in finance.
Sold the rest of the country down the shitter but had enabled massive wealth creation in that sector.
Ironic now because those gains will be lost when the UK leaves the European Union.

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Wolves fans, this is your day. Its going to be emotional.

If team culture is weak losing divides the team. If team culture is strong, losing creates the hunger to win again. Either way culture rules.


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 Post subject: Re: Money
 Post Posted: Sun Apr 23, 2017 10:33 am 
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knocker knowles wrote:
suiging wrote:
Note left by Labour in the Treasury.

" I'm afraid there is no money....Kind regards...Good luck"


We had a situation where Gordan Brown had been especially prudent through the previous decade to show the Labour Government as friends of big business.

Everything carefully costed, and to give the bloke credit it was going well.

Excellent growth, business was booming, front line services were being fully funded.

But because the Thatcher government had closed down the Industrial manufacturing base the country had become over reliant on the Finance industry.

The country needed the taxation that industry provided and allowed far to much deregulation, following Americas lead.

Back to Thatcher, and this depends on where you come from, her decisions had enabled the UK to become the EU powerhouse in finance.
Sold the rest of the country down the shitter but had enabled massive wealth creation in that sector.
Ironic now because those gains will be lost when the UK leaves the European Union.


Confirmation that the 1 in 4 campaign deserves our support

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 Post subject: Re: Money
 Post Posted: Tue Apr 25, 2017 6:41 am 
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Back to money what do you estimate the economic cost to leaving the EU?

Will the UK economy shrink by a third or more?

And whats the consequence then for already underfunded and squeezed front line services.

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