[Smart Meters ???]

  No one mentioned the out of work meter readers?

 

The way things are going with our electricity generation (ie none being built for base load) the gov. want the ability to turn off, or restrict energy use, the smart meter was the way to go.  As the last coal generators go over the next few years, be ready for regular black-outs and company shut-downs.  it'll be like the 70's alll over again,

 

RS

Further reading:  https://notalotofpeopleknowthat.wordpress.com/2017/12/22/what-happens-when-the-coal-plants-shut/

 

[Pump action 12G large capacity.]

Any one got an FAC pump with a big magazine going spare?

I'm running a Winchester 1300 5+1, but extending the tube would cost more than I paid for the gun and I am loathe to do that.

Don't fancy the complexity of a semi-auto.

Looking for 10+1 (or better) Magazine fed or tube, but must be pump 12 and slug and buck friendly (3" chamber).

£300 tops, because I can work the Winchester, just never going to win anything.  

Maybe you have a tube extension that might fit and never got round to using?

Thanks,

RS

[New mortgage]

4 hours ago, NorfolkAYA said:

No that's absolutely rubbish, if I was paying £500 a month @1.2% and it then went to 2.4% I would be paying £506 not £1000. 

NO. sorry.  You have muddled thinking.

The   £500 is the interest.

Let us approach it from the other way round:

You have a mortgage for £500, 000 (you have a big house, or a small, London, studio apartment)

The interest rate is 1.2%, so each year the interest you pay is :-  £500,000 x 0.012 = £6,000 pounds per year interest only.

Each month, that is £6,000 divided by 12 = £500 interest only, per month.

Now the interest rate is 2.4%, so each year the interest you pay is :-  £500,000 x 0.024 = £12,000 pounds per year interest only.

Each month, that is £12.000 divided by 12 = £1000 interest only, per month.

This is why people need to understand what they are doing.  If interest rates were to "Normalise" for our fictitious, £500,000 mortgage holder, let's say 7%.

£500,000 x 0.07 = £35,000 per year interest or £2,916.66 per month.

Yours,

RS

[New mortgage]

5 hours ago, NorfolkAYA said:

No, it would have to go up 100% to be paying double 

ATB 

pete

But it did go up 100% !  100% increase  of 1.2 is 2.4.

Your £500, Interest only mort. @ 1.2% means you have a loan of:

1.2/12 = 0.1% per month, so  0.1% =£500

£500 x 1,000 = £500,000 loan

Double the interest rate, double the repayment if you are only paying the interest.

RS

[New mortgage]

So, here we are, on a shooting forum.

  In general, we all agree that the economy is in a poor condition (OK, it's shafted), we can all see that interest rates are "Wrong", and yet, the media say what?  Do you see Money Supermarket telling us it is all doomed?  Does Question Time ask simple questions about what happens when interest rates  "normalise"?

NO.  There is no discussion at all.

  So are we wrong?

  Are they ignoring the issue?

  Do they know full well we are doomed but dare not speak of it?

A simple question about everyday money matters and we are doomed.  Take out a mortgage for all you can, because if your mortgage goes belly up, so will so many others, that it will not matter.

Fill yer boots,

RS

[New mortgage]

1 hour ago, NorfolkAYA said:

f my mortgage is £500 pound a month @ 1.2% and the it suddenly jumps to 2.4% I would not then be paying £1000 a month

Yes you would, if it is an interest only mortgage.

 

RS

[six nations]

7 hours ago, Flashman said:

France's is the best, followed by Scotland.

I always think the longer or more jaunty the national anthem, the bigger the inferiority complex of the relevant country.

The Marseillaise is 7 verses long, with a chorus each time.  Hardly a ditty:  https://en.wikipedia.org/wiki/La_Marseillaise

RS

[Any idea what these are]

Ice froth.

They can get bigger: https://duckduckgo.com/?q=ice+circles&atb=v34-3a_&iax=images&ia=images

RS

[Who has responsibility]

15 hours ago, oowee said:

53.New section 11A(1) provides that a non-certificate holder (‘the borrower’) may borrow and possess a rifle or a shotgun from another person (‘the lender’) on private premises lawfully only if they meet the following four conditions and if, in the case of a rifle, the borrower is aged 17 or over: (i) Under new section 11A(2), the borrowing and possession are for either hunting animals or shooting game or vermin, and/or for shooting at artificial targets – under subsections 11A(2)(a) and (b), respectively; (ii) Under new section 11A(3), the lender must be aged 18 or over, have a certificate for the borrowed firearm and either have the legal right to allow others to enter the premises for hunting animals or shooting game or vermin, or have a written authorisation from such a person to lend the rifle or shotgun on the premises; (iii)Under new section 11A(4), the borrower’s possession and use of the rifle or shotgun must comply with the conditions placed on the lender’s certificate; and (iv) Under new section 11A(5), the lender must be present during the period during which the rifle or shotgun is borrowed. Alternatively, the borrower must be in the presence of another person who is aged 18 or over and described under either subsection 11A(3)(c)(i) or (ii) of the 1968 Act, provided that they hold a certificate in respect of the borrowed rifle or shotgun borrowed – under subsections 11A(5)(a) or (b).

  So I don't need anything, not even an FAC, if borrowing someone else's gun, who already shoots on the land legally?  That's like, well, an open ticket for people who do not even posses an FAC but have buddies who do.

  Kind of makes a bit of a mockery of anyone being given such restrictive Conditions in the first place.  More nonsense in the Gun laws?

 

RS

[Who has responsibility]

Result,

"In this case you will need to send in your FAC together with a letter / note requesting authority to shoot quarry /vermin on land. You will need to provide details of one of the pieces of land that you have permission to shoot on together with the owner details or person who has given you the permission and which firearms you want to use (I assume it will be your .22RF rifle).

 Once the condition has been added to your FAC you will be able to shoot on other land provided you have permission of the owner etc.

 If you want to use your S.1 shotgun to shoot clays we can also add a condition to allow you to do this.

 There is no fee for this."

 

  Thank to Cleveland FEOs

RS

 

  PS  If you want to invite me along ..... 

[carillion]

On 1/16/2018 at 10:07, RockySpears said:

It is not just Carillion though:

I took a quick look at the UK contractors for HS2, only 3 out of 10 at first look are British:

Balfour Beatty - Pension deficit £3.4 Billion !!!! in 2017, other debt of £966 million.  (figures from Motley Fool)
Sir Robert McAlpine - £100 million pension deficit, £100 million loss in 2 years, 2013-2015. Profit for 2016 £1.6 million
Costain - Pension deficit £33 million, Revenue £1.1 billion which gave them a profit of £28 million or 2.5% before Tax

Can any one see good news here? 

RS

  If only I had mentioned Capita!

http://www.bbc.co.uk/news/business-42885211

RS

[Paying cash in to someone else's account]

21 hours ago, figgy said:

Money laundering is just an excuse, I'm sure anyone who is laundering money won't want to pay cash into a bank where questions can be asked and the money looked at by the government.

  This is exactly how money is laundered.

  You get a shed  load of cash from your drug sales, how do you get it into a Bank that will not arouse suspicion?  You start a Taxi firm or a restaurant or a building business and it does really well and takes in a lot of cash.  You pay this into a Bank, with an accountant who shows it is all about the business doing well.  Nice clean money in the Bank.  You even pay tax on it!

  Market stalls, hairdressers and a bookies are also acceptable washing machines for cash.  I'm sure there are businesses that you know, that never seem busy, but have been going for years and you never really see them as "busy".

  Large amounts of cash are hard to deal with without thorough planniing, but then again, so are small ones.  I have been investigated for Tax purposes, so I know what they look for.

  Let's say you get a relatively small amount of cash each month from a new "venture", say £250.  So you buy your normal things, groceries, petrol etc and do not need to draw as much cash out as you used to.  IF they look into your affairs, and they do do random hat-pulls for investigations, they notice that your outgoings suddenly fall, over a year they will work out pretty much what the amount you ARE NOT spending is (they wanted 3 years accounts from me, not just my business, but all personal accounts, including joint and childrens).

  Now I was a good boy, and it was a pain in the butt and quite expensive for me to go through, but they were thorough and made you feel guilty at every opportunity, even with genuine mistakes, however small.

  They hate cash.  They want rid of cash and they will make it look like they are doing it "with the countries best interest at heart".  

In the end, it is about control,

 

RS

[Who has responsibility]

Cheers all, email dispatched.

  Does this count as a "Variation" and a request for another £20 ?

 

RS

[Who has responsibility]

  So I can go out with a shotgun any where?  No permissions needed?

  My FAC is for target shooting only.  So I need to have my FAC conditions changed if I am asked out Rabbiting I guess,

RS

[Who has responsibility]

  if I am asked out on a shoot, not at a club or range, but over farm/moor/rough land, do I have to check if that land is suitable, or do I have to check ownership etc etc.

Basically I was invited out last minute, but could not make it and would not have had time to check anyway.  Can I say "He said it was OK", or do i have to check with the Police first?

  Is a piece of paper that appears to show permission good enough, or do I have to check myself?

  I'm a novice, so simple answers are appreciated,

RS

[carillion]

43 minutes ago, panoma1 said:

And how much are their top executives being paid? What perks both financial and material are they receiving? How can the companies pensions be allowed to continue in deficit, when they are recording substantial profit, and presumably paying their shareholders a dividend?

Total it all up I bet it comes no where near £3.4 billion.  Top exec pay is mostly irrelevant as using the money for the lower paid  would give each employee a negligible amount, let's say that the top guys are over paid £10,000,000 a year, by 20,000 employees that is £500, not going to change much is it?  Not even a new gun.

  Pensions are not the companies issue are they?  That is for the Pension Trustees to sort out, surely the company is only on the hook for their legally required contributions and not any deficit incurred by mal-investment or poor yields?

  The numbers are just too big, the debt and the losses too much to pay back even at 0% interest because the money borrowed was to off-set losses or buy-back shares and not invested in the company to produce better profits from increased productivity.  A lot is said about productivity these days, and the way the MSM portray it it is due to lazy employees, whereas most increases in productivity come from investment in new machinery/systems and processes and that simply is not happening.

  Could be that inflation will save the day, good dose of inflation lessens the debt burden tremendously.  Many of our parents/grandparents had huge chunks of their mortgage inflated away, leading to them doing well for the most part, but the legacy is coming home to roost.

  The Bank of England (and all the other Central Banks) have created a monster they cannot control any more.   Reducing borrowing costs to near zero means that every one has binged on cheap credit.  If inflation continues its climb, the only tool the BoE has in its toolbox is Interest Rates and normalising them will kill all these companies all the quicker with the interest due on Debt.  The mortgage holders will struggle, which means that they will not buy extra things, which, paradoxically, leads to Deflation, probably a more deadly economic situation than Inflation as people (especially those without mortgages or debt) put off any spending today, knowing things will be cheaper tomorrow.

 

  We live in Interesting Times,

 

RS

[carillion]

It is not just Carillion though:

I took a quick look at the UK contractors for HS2, only 3 out of 10 at first look are British:

Balfour Beatty - Pension deficit £3.4 Billion !!!! in 2017, other debt of £966 million.  (figures from Motley Fool)
Sir Robert McAlpine - £100 million pension deficit, £100 million loss in 2 years, 2013-2015. Profit for 2016 £1.6 million
Costain - Pension deficit £33 million, Revenue £1.1 billion which gave them a profit of £28 million or 2.5% before Tax

Can any one see good news here? 

RS

[carillion]

Many Government schemes are still Defined Benefits, teaching for example.

  When my wife retires she will get  a proportion (according to her length of service) of her average salary over her last 3 working years.  Even as just a standard teacher, not management, she is looking at a Pension in the region of £25-30,000pa after 35 years service.

This does not relate to what she has paid in at all and any shortfall will be made up by the Tax payer.  The same for Police, Firebrigade etc etc.  It is for this reason that many of the terms are being altered to get away for defined benefits.

Crazily low interest rates and "Money Printing" by the Bank of England are going to bring many companies to their knees, Carillion is not the first and is probably just the beginnings of a series of major collapses on the way.  Companies have borrowed huge sums of money on very low rates, but have not invested this money in production or increasing productivity, instead choosing stock by-backs (basically buying their own shares to increase the share price), mergers/acquisitions etc.  Now this money needs to be paid back, and as interest rates creep up, paying this back will get harder and harder, until - Carillion.

 

RS

[Estimated for gun repair]

  Fired off 20 pairs today, no "extra padding".  Both barrels every time.

  Thank you all for the help and the learning.  I can now disassemble my gun and make a mess of it or make it work.  Looks all OK now, thank you all.

I will have my father in law make me an inch or so extra "solid" extension.  He like doing things with wood and it keeps him busy.

  As a note, the safety is put on after each cocking, the bar is still in place and all seems OK.

Thank you,

RS

[Estimated for gun repair]

Thank you all for not thinking me an idiot.

Tomorrow I will try the " no extra padding" route as it seems my gun works fine (so long as I bang it on the floor), and there may be operator error.

Gunman - " I should have said barrel selector "  this feels very positive (from the switch side) whether It actually does its job, is another.

Thank you all,

RS

 

PS.    If my shoulder is in harms way, I may need a semi-auto 2+1, gas operated.

[Estimated for gun repair]

Gunman - " ,left hand one looks to be very compressed " it was, but I got the 2nd barrel to fire (eased the inertia block over) and both springs are relaxed

OK,

Cock, safety off,  dry-fire 1st barrel OK, safety stays off, but no 2nd barrel, bang gun on the floor, block that is lifted by trigger moves across, 2nd barrel fires.

Re-cock and everything moves to its starting position and the safety is reset (but I have read that some guns do this, so that is OK).

But this does not happen with live fire.

  Is it possible to absorb too much recoil?  The gun is a bit short for my liking, so as well as the recoil pad fitted, I had two other pads, one rubber, one leather to extend the stock.  Could I have taken out too much recoil?  Remembering back, it was intermittent, but frequent, that I had the issue (and intermittent problems are the worst).

I feel I am about to be called a bit of a numpty.  Please remember Fair Imogen's request for 2018: 

Thank you for your help.  Will try out a live test, tomorrow if possible,

 

RS

[Estimated for gun repair]

37 minutes ago, old'un said:

As regards dry firing (snap caps) there is no recoil to set the gun for the firing of the next barrel, by pushing the safety catch on and off this resets it to fire the next barrel.

  Which bit gets reset by the recoil?  I did not realise there was any involvement of recoil?  Would it be the "inertia block"? under the safety switch? (the name fits this description).

I could maybe do this by hand if it is OK to dry-fire with the stock off,

Thanks,

RS

[Estimated for gun repair]

 

Firstly, apologies for my total lack of correct terminology,  I know the words, but not yet which is what.

  The gun fires for real (not just dry-fire)  Dry-firing get a click both times, just the safety get re-applied between shots.

The block under the safety (inertia block?) engages the sears? fine, and the barrel selector switch, mounted on top of the safety, changes which sear? is selected first.

My thought was to dry-fire without the stock, but with the barrels, and see what might be pushing the safety off, my guess is that it is the long bar from the safety that goes into the housing containing the firing pins.

  Question:  Will dry-firing without the stock on be an issue?  Springs and things are not going to ping off because the stock is not there to hold them in, are they?

"Check the safe selector is positive so that clicks firmly from one side to the other so the block engages on both sears   and that it is not loose" - actually it just slides back and forth, there is no positive "click" or lock when moving the safety forward (off).

Will look more tonight when I get home,

Thanks,

RS

[Estimated for gun repair]

Wow,

  Stock off, lots of 1/4" extension bars and 12mm socket.

 

Sadly, or not, it all looks clean and tidy inside, light oil all over, assume that this is good.

Open to suggestions:

[Estimated for gun repair]

21 hours ago, Gunman said:

Take the stock off . 

There is a screw under the trigger guard but I can see no way of removing the guard.

I can see a bolt(when the butt is off) but it has to be the deepest socket I have ever seen and it is 8" down inside the stock!  I feel a new set of tools coming on.  Can't believe there is not an easier way in.

and on the outside: