government's move to put a cap on payday loan company lending.

[joebloggs]

another U turn by Cameron, but he's made the right decision at last

http://www.channel4.com/news/live-prime-ministers-questions-video-27-november-2013-pmqs

[cheekee]

Wonga - Legalised stealing :(

[andy222]

What he didnt say is what he is capping the rate to. And when.

[les_taxi]

It's ok if Labour get in you will see plenty of lending:icon_lol:

[andy222]

What do you mean, IF? :icon_lol::icon_lol:

[tone]

Thats the downside of short term memory isnt it - what is good for an individual may not be for the good of the country, and that seems to be labours way of keeping voters happy at any cost..

Back onto the actual topic it boils my blood at how many loan companies exists - log book loans was quite a strange one - borrow against a depreciating asset - oh great idea! :NoNo:

[grahamw48]

About time these robbing bullying leeches were stopped. :mad:

I won't have to do as much swearing at the TV either.

[Arthur Little]

Whilst I appreciate a mortgage is, to all intents and purposes, a loan and - in the VAST majority of cases - a necessary one, in order to purchase a house ... I do feel there are far, far too many people who take out loans for items that are either unnecessary, or perhaps for a commodity they could easily enough buy outright.

Car Loans, for example, are BIG business; my brother (now retired) was a Branch Manager of such an enterprise ... and, unfortunately, all too often, customers' failure to keep up with their repayments led to their vehicles being repossessed by the Company. :doh

Hire Purchase is "as old as the hills" (to coin a phrase) but nowadays seems to be endemic ... out of all proportion, so much so, that debt levels are at an all-time high - constantly spiralling out of control - thereby causing untold misery :bigcry: to millions of families who, if truth be told, can ill~afford to "splash out" a small fortune :REGamblMoney01HL1: on luxury goods in the first place.

[Arthur Little]

:olddude: ... without meaning to appear in ANY way complacent, my personal advice is as follows:

"Never a Borrower nor a Lender be" :nono-1-1: ... unless an article is truly affordable - one ought to seriously question the need for it - in other words, "cut one's cloth according to one's budget"! :wink:

[tone]

Thats fair advice Arthur! Unfortunately greed, impatience and the "instant" everything we have in society today means we tend to get roped into the "I want or need it now" especially around the ease to obtain credit. But these :Sex: take the biscuit with outrageous interest rates!

Having been at both ends of the debt scale I know where I would rather be!

Cheers
Tone

[grahamw48]

I agree Tone, as a young man, even though I was earning a lot of money at the time, the 'instant gratification' bug meant that I always spent more than I earned due to the availability of easy credit.

Additionally, I was selling credit to others as part of my work.

In the end it is up to the individual to manage their finances properly, but of course people have weaknesses, and there will always be those around ready to exploit them.

These payday loans have taken this exploitation to an entirely new level though...to the point of treating 'clients' as helpless prey. :NoNo:

These days, as with Arthur, if I haven't got the money to pay cash, I don't buy it...and that includes cars.
If people choose to judge me on what possessions I have, well that's their problem not mine. At least everything I do own is paid for, I haven't been overdrawn one penny for at least the past 10 years, and I can live a fairly stress-free life.

[andy222]

Thats the downside of short term memory isnt it - what is good for an individual may not be for the good of the country, and that seems to be labours way of keeping voters happy at any cost.
How true that is! The only individuals this government is interested in are the rich. Back on the topic these loan sharks need addressing the rate needs to be brought more in line with the banks interest rate. These loans have been about for a long time.

[joebloggs]

:icon_lol: and how is the Tory way good for the country, more people in poverty, tax cuts for the rich and cut backs for everyone else.

both the Tories and Labour are just as bad as each other :NoNo:

dave's done another U turn, on cig packets now :icon_lol:

[grahamw48]

:icon_lol: and how is the Tory way good for the country, more people in poverty, tax cuts for the rich and cut backs for everyone else.

both the Tories and Labour are just as bad as each other :NoNo:

dave's done another U turn, on cig packets now :icon_lol:

That we can agree on. :xxgrinning--00xx3:

As far as cigs go....just ban them totally. Yes there'd be a bit of a black market (already is anyway for the smuggled ones), but most would thank them for it.

[SimonH]

Can we afford to ban them :Erm:



Tax revenue from tobacco

Excise VAT Total
£ billion
1990-91 5.6 1.1 6.8
1991-92 6.3 1.5 7.8
1992-93 6.0 1.5 7.6
1993-94 6.5 1.6 8.1
1994-95 7.4 1.7 9.1
1995-96 7.3 1.7 9.0
1996-97 8.0 1.8 9.8
1997-98 8.4 1.8 10.1
1998-99 8.2 1.8 10.0
1999-00 5.7 1.8 7.5
2000-01 7.6 1.8 9.4
2001-02 7.8 1.8 9.6
2002-03 8.1 1.9 9.9
2003-04 8.1 1.8 9.9
2004-05 8.1 1.8 9.9
2005-06 8.0 1.9 9.8
2006-07 8.1 1.9 10.0
2007-08 8.1 1.9 10.0
2008-09 8.2 1.8 10.0
2009-10 8.8 1.7 10.5
2010-11 9.1 2.0 11.1
2011-12 (p) 9.5 2.6 12.1

[joebloggs]

Professor Mike Kelly, Director of the NICE Centre for Public Health commented: “Smoking is the most important health problem facing the NHS. It’s the leading cause of premature death in England – nearly 80,000 lives are lost each year due to smoking. Treating smoking-related illnesses costs the NHS around £2.7bn each year, and costs society an estimated £13.7bn a year. So it’s a no brainer: we must deal with the problems caused by smoking.”

http://www.onmedica.com/newsarticle.aspx?id=a9b42983-7bf8-4c46-8377-27fd6b148635

[grahamw48]

Tax revenues.

The usual argument/excuse.

Yes, of course we can EASILY afford it. Priorities.

'Where there's a will there's a way'...as us smokers are constantly being told. :smile:

[les_taxi]

Thats the downside of short term memory isnt it - what is good for an individual may not be for the good of the country, and that seems to be labours way of keeping voters happy at any cost..
Too right :xxgrinning--00xx3:
I don't smoke but if people want to leave them be, if not tell all the fatties to stop eating so much, tax sugar etc., Ban alcohol it causes more problems and cost is huge to the Country!

Bloody Nanny state no matter who is in power :cwm23:

[Dedworth]

Too right:xxgrinning--00xx3:
I don't smoke but if people want to leave them be,if not tell all the fatties to stop eating so much,tax sugar etc.,Ban alcohol it causes more problems and cost is huge to the Country!

Bloody Nanny state no matter who is in power :cwm23:

I wonder how many of those in debt to Wonga outfits combine that money with their benefit payments to buy such essentials as 64 inch Samsung TVs , I Phones, X Boxes etc.

No doubt Les you'll be ferrying a fair few of them back from Currys to their tax payer subsidised houses in the next few weeks :biggrin:

[grahamw48]

Too right Dedworth.

Irresponsibility rewarded, as usual. :NoNo:

[les_taxi]

I wonder how many of those in debt to Wonga outfits combine that money with their benefit payments to buy such essentials as 64 inch Samsung TVs , I Phones, X Boxes etc.

No doubt Les you'll be ferrying a fair few of them back from Currys to their tax payer subsidised houses in the next few weeks :biggrin:

Plenty of them no doubt,home after shopping to watch Jeremy Kyle-easy life for some,Labour voters all the way:icon_lol:

[andy222]

You wouldnt refuse the fare though would you Les to discourage them?:NoNo::xxgrinning--00xx3:

[Dedworth]

Plenty of them no doubt,home after shopping to watch Jeremy Kyle-easy life for some,Labour voters all the way:icon_lol:

Labour - The Party for Spongers, Parasites, Illegal Immigrants & Criminals

[andy222]

Labour - The Party for Spongers, Parasites, Illegal Immigrants & Criminals
:laugher:

[andy222]

Tax revenues.

The usual argument/excuse.

Yes, of course we can EASILY afford it. Priorities.

'Where there's a will there's a way'...as us smokers are constantly being told. :smile:
Cameron has got to look after his own interests Crosby and co.
http://www.mirror.co.uk/lifestyle/health/plain-cigarette-packets-david-cameron-2859679

[Dedworth]

Cameron has got to look after his own interests Crosby and co.
http://www.mirror.co.uk/lifestyle/health/plain-cigarette-packets-david-cameron-2859679

Talking about Crosby & Co Hypocrite Millipede has just hired a bargain basement Aussie spin doctor who's last job was with recently ousted Oz Labour Premier Kevin Rudd - you couldn't make it up :laugher:


Labour call in Australian strategist to advise on rightwing media attacks

Labor strategist Bruce Hawker to address negative campaigning as Ed Miliband accuses David Cameron of mud-slinging

http://www.theguardian.com/politics/2013/nov/24/labour-australian-strategist-rightwing-attacks

[andy222]

He dont really need him Ded Ed has already won the next election (bedroom tax) :biggrin:

[Dedworth]

He dont really need him Ded Ed has already won the next election (bedroom tax) :biggrin:

Your forgetfulness is rampant tonight Andy - if you recall the other week we were on about Labour MP's who couldn't be arsed to debate and vote the hated bedroom tax :biggrin:

A slight aside but Labour run Lambeth in London are evicting scores of OAPs from social housing

http://www.lambethunitedhousingco-op.org.uk/

more rank Labour Hypocrisy for you :smile:

[andy222]

Have you ever thought about the reason Labour didnt debate the bedroom tax Ded. Its called letting the tories hang themselves. :xxgrinning--00xx3: And thats exactly what they are doing. :biggrin:

[Dedworth]

Have you ever thought about the reason Labour didnt debate the bedroom tax Ded. Its called letting the tories hang themselves.:xxgrinning--00xx3: And thats exactly what they are doing.:biggrin:

Thanks for explaining Andy........ I thought it was not standing up and being counted over something you hate and despise. Shows how wrong I could be, must be a new tactic for HM Opposition remaining silent on everything you oppose. There's always BBC Biased Question Time I guess.

Any thoughts on the Lambeth hypocrisy ?

[andy222]

:laugher:You live and learn Ded.:icon_lol:

[les_taxi]

You wouldnt refuse the fare though would you Les to discourage them? :NoNo::xxgrinning--00xx3:

I cannot refuse a fare Andy without valid reasons :cwm25:

[Dedworth]

https://pbs.twimg.com/media/BYTnJFpIcAAUV0L.jpg:large

[andy222]

I cannot refuse a fare Andy without valid reasons :cwm25:

And what reasons are they Les? To pay your debt to tiger? :icon_lol:

[andy222]

https://pbs.twimg.com/media/BYTnJFpIcAAUV0L.jpg:large
We will have some of that. :xxgrinning--00xx3:

[gWaPito]

How would you feel like having to live off your credit card every month. ..not very good, no doubt :NoNo:

That's effectively how Labour operate. Living on the never never :NoNo:. Unfortunately, it's the Conservatives who have to clean up their mess each and every time they leave office. Many examples out there.

[les_taxi]

And what reasons are they Les? To pay your debt to tiger? :icon_lol:

Yea a whole 3 points off 2nd place at the moment and getting some form together :biggrin:

Can't refuse a fare as it's discriminatory :smile:

[joebloggs]

How would you feel like having to live off your credit card every month. ..not very good, no doubt :NoNo:

That's effectively how Labour operate. Living on the never never :NoNo:. Unfortunately, it's the Conservatives who have to clean up their mess each and every time they leave office. Many examples out there.

maybe you should ask your eastern Europeans brothers where you work gWaPito :biggrin: how they survive on a lot less than you :wink:

:xxparty-smiley-004:

[grahamw48]

Maybe they're buying a stairway to heaven (I just happen to be listening to this at the moment).


http://www.youtube.com/watch?v=7YZb8s7Kxa4

Just to relax you guys. :biggrin:

[gWaPito]

Too right Dedworth.

Irresponsibility rewarded, as usual. :NoNo:

We're a dying breed :NoNo:

[gWaPito]

maybe you should ask your eastern Europeans brothers where you work gWaPito :biggrin: how they survive on a lot less than you :wink:

:xxparty-smiley-004:

Perhaps most of them haven't been married 3 times. ...I know, all self inflicted :xxgrinning--00xx3:

Either way, you live according to your means.

[andy222]

Can't refuse a fare as it's discriminatory:smile:
BULL :action-smiley-081:.:icon_lol:

[grahamw48]

maybe you should ask your eastern Europeans brothers where you work gWaPito :biggrin: how they survive on a lot less than you :wink:

:xxparty-smiley-004:

Easy Joe...and I get some extra income from the garage. :xxgrinning--00xx3:

.
http://imageshack.com/a/img823/4319/fthu.jpg

[gWaPito]

:laugher:My first laugh of the day...I haven't even left for work yet :xxgrinning--00xx3:

[joebloggs]

:doh no psx4 or 50inch plasma tv thou :biggrin:

I'm easy gWaPito knows I'm joking :wink: we go back along way :smile:

[SimonH]

:doh no psx4 or 50inch plasma tv thou :biggrin:

I'm easy gWaPito knows I'm joking :wink: we go back along way :smile:


The psx4 is under the table and that's actually a 65" plasma on the wall, the only reason it looks smaller is because the people in the picture are all 7 foot tall and they've chopped they're legs off in order to claim disability benefits :wink:

[Arthur Little]

... they've chopped they're legs off in order to claim disability benefits :wink:

:yeahthat:'s virtually the extent you'd NEED to go to nowadays ... if you were to have a hope in hell of qualifying for Disability Benefits.

[grahamw48]

No legs ?

Reminds me of...:biggrin:

.

http://www.youtube.com/watch?v=mjEcj8KpuJw

[Terpe]

Maybe they're buying a stairway to heaven (I just happen to be listening to this at the moment).


http://www.youtube.com/watch?v=7YZb8s7Kxa4

Just to relax you guys. :biggrin:

One of my all time favourite songs ever........I never ever tire of listening to it :Jump:

It was played at the funeral of one my 'Philippine Adventure' pals...not a dry eye anywhere.

[grahamw48]

One of my faves too.:xxgrinning--00xx3:

I feel so lucky to have seen them play it live also...back in the early 70s. :smile:

Nice quality sound on that youtube vid.

[gWaPito]

:yeahthat:'s virtually the extent you'd NEED to go to nowadays ... if you were to have a hope in hell of qualifying for Disability Benefits.

http://www.telegraph.co.uk/news/politics/9263453/500000-to-lose-disability-benefit.html

[les_taxi]

If you really need the Benefit,then you should get it, if you have made up a spurious claim then you should not receive it-that makes sense to me.

There has been plenty of cases over the years and again I have picked some of these so called unable to work crowd who don't seem to have any problem going on the piss all day.

http://www.legacyofbenefitlabourculture.com

[Dedworth]

... and again I have picked some of these so called unable to work crowd who don't seem to have any problem going on the piss all day.

http://www.legacyofbenefitlabourculture.com

Labour - The Welfare Party http://www.smileyvault.com/albums/basic/smileyvault-puke.gif

[Michael Parnham]

Easy Joe...and I get some extra income from the garage. :xxgrinning--00xx3:

.
http://imageshack.com/a/img823/4319/fthu.jpg

Is this how they really live?:Erm:

[joebloggs]

Labour - The fair Party

:xxgrinning--00xx3:

[grahamw48]

Is this how they really live?:Erm:

Yes, but don't tell the council please. :cwm25: