Todays budget

[Scully]

25 minutes ago, oowee said:

Economic stability comes from a prudent approach to finance. Of course there will be some impacts from unforeseen national or global changes. They should not be started by the Govt. No one would expect a member of the G7, a reserve currency to adopt policies similar to those in the third world.

Unsafe? Yes it is financially unsafe with these amateur's. Billions of our money has been wasted in the last two days. We have to pay for it. 

Up's and downs 

We can vote these wasters out. 

It’s a bit of a gamble admittedly, and whether you can vote this lot out remains to be seen.
It’s not like there’s much of an option out there really is it, and certainly not one capable of, or a history of ‘ a prudent approach to finance’. 🙂

Can I ask how this period of being financially unsafe is affecting you? Having to fly with the livestock rather than business class? 

Just noticed you’ve added a video of Alastair Campbells current best buddy Rory! Yeah, that’ll cut it; proper heavyweight stuff! 😂

Edited September 28, 2022 by Scully

[oowee]

7 minutes ago, Scully said:

 

Can I ask how this period of being financially unsafe is affecting you? Having to fly with the livestock rather than business class? 

 

Thats easy. Most of The last few months I have had to spend more time playing with my pension. 

[Scully]

1 hour ago, Mice! said:

I can understand that,  I can't think of anything worse than one of my kids being seriously ill.

If we are still able to spend money and time doing hobbies, taking the kids places, book holidays, do home improvements, and see friends then I'd say life is good. 

 

I don’t think she ever came to terms with it, but then again I sometimes think she didn’t want to. 
I totally agree. We’re on a shooting forum, participating in what isn’t a cheap hobby, or whatever you want to call it. 
I’ve just returned from a break in Northumberland, restaurants fully booked ( the Potted Lobster restaurant in Bamburgh advising people to book for weekends and evenings at least three weeks in advance! ) and the chippies in Seahouses packed to the rafters. 

[Jaymo]

1 hour ago, Scully said:

And right on cue! 😄

 

Actually later than I thought 💭 🤣🤣🤣🤣

[Scully]

4 minutes ago, oowee said:

Thats easy. Most of The last few months I have had to spend more time playing with my pension. 

Oh heck! My heart goes out to you, you must be going through hell! 🙂

Just now, Jaymo said:

Actually later than I thought 💭 🤣🤣🤣🤣

😂

[Yellow Bear]

16 minutes ago, Scully said:

‘ a prudent approach to finance’

The last one to say this was a "socialist" and went on to rob many careful working man's pension pot.

[Scully]

10 minutes ago, Yellow Bear said:

The last one to say this was a "socialist" and went on to rob many careful working man's pension pot.

Typical socialist policy. 🙂

[clangerman]

12 minutes ago, Jaymo said:

Actually later than I thought 💭 🤣🤣🤣🤣

don’t encourage him his bait presentation is shockingly bad 

[12gauge82]

6 hours ago, Smokersmith said:

Drama or not, it’s a bit odd that the Government policy seems to be in completely the opposite direction to that of the Bank of England.

 

I think Munglers post gives a good explanation. There appears to be a power struggle between what government wants and what some of the elites in the city want. 

[Weihrauch17]

54 minutes ago, 12gauge82 said:

I think Munglers post gives a good explanation. There appears to be a power struggle between what government wants and what some of the elites in the city want. 

No just insanity from Truss and KK at the very worst possible time.  Levelling vastly up for the 1% whilst screwing the rest of the country apart from Scully.

Edited September 28, 2022 by Weihrauch17

[Scully]

4 minutes ago, Weihrauch17 said:

No just insanity from Truss and KK at the very worst possible time.  Levelling vastly up for the 1% whilst impoverishing the rest of the country apart from Scully.

🙂 I’m not convinced at all that anyone on here is impoverished, nor in fact ‘the rest of the country’, unless you know them personally of course. 
One week it’s the energy crisis with folks freezing to death in their homes. Next it’s a ruinous budget so a cost of living crisis! Wonder what crisis next week will bring? Pestilence? Plague? Oh no, we’ve done that one. 🤔Mmmm, I know! Floods! Thats always a good one, and it’s almost that time of year again!  Yeah, lets get back to wetting our beds about global warming…sorry, climate change; we haven’t done that one for a while. 
You really really need to get a grip. 
 

[Weihrauch17]

16 minutes ago, Scully said:

🙂 I’m not convinced at all that anyone on here is impoverished, nor in fact ‘the rest of the country’, unless you know them personally of course. 
One week it’s the energy crisis with folks freezing to death in their homes. Next it’s a ruinous budget so a cost of living crisis! Wonder what crisis next week will bring? Pestilence? Plague? Oh no, we’ve done that one. 🤔Mmmm, I know! Floods! Thats always a good one, and it’s almost that time of year again!  Yeah, lets get back to wetting our beds about global warming…sorry, climate change; we haven’t done that one for a while. 
You really really need to get a grip. 
 

You really don't get the seriousness of the situation do you, caused by a mini budget that was simply not needed in any shape of form.  Pension funds collapsing might not effect you, a 30% reduction in the value of the FTSE 250 this year might not effect you 10% since Friday, interest rate rises to 7% might not effect you, all import costs rising due to the falling pound might not effect you but they effect the vast majority.   

Edited September 28, 2022 by Weihrauch17

[Scully]

13 minutes ago, Weihrauch17 said:

You really don't get the seriousness of the situation do you, caused by a mini budget that was simply not needed in any shape of form.  Pension funds collapsing might not effect you, a 30% reduction in the value of the FTSE 250 this year might not effect you 10% since Friday, interest rate rises to 7% might not effect you, all import costs rising due to the falling pound might not effect you but they effect the vast majority.   

Good grief! What sort of state are you going to be in when something REALLY serious happens? Because as Sod’s law would have it, chances are it will!
I get it, but what do you expect me to do about it? Lay awake at night worrying, cos that’s always worked hasn't it? What’s the point?
Seriously, what do you expect me to do?
You won’t explain how it is effecting you, so I can only assume it doesn’t that much, in reality. What are you having to cut back on? What are YOU going to do about it? Are you going to have to sell your guns to pay next months mortgage?  I’ve been there, done that, and had to take what I was offered. 
Having to cancel that holiday or that new car? Or do you have a company car? 
The cost of food is going up, fuel has gone up, energy has gone up…but it always has and always will! Just what do you expect me or anyone else, to do? More to the point, as you’re the one doing the incessant whinging…… again, tell us, what are you going to do about it? 
 

[button]

10 minutes ago, Scully said:

Good grief! What sort of state are you going to be in when something REALLY serious happens? Because as Sod’s law would have it, chances are it will!
I get it, but what do you expect me to do about it? Lay awake at night worrying, cos that’s always worked hasn't it? What’s the point?
Seriously, what do you expect me to do?
You won’t explain how it is effecting you, so I can only assume it doesn’t that much, in reality. What are you having to cut back on? What are YOU going to do about it? Are you going to have to sell your guns to pay next months mortgage?  I’ve been there, done that, and had to take what I was offered. 
Having to cancel that holiday or that new car? Or do you have a company car? 
The cost of food is going up, fuel has gone up, energy has gone up…but it always has and always will! Just what do you expect me or anyone else, to do? More to the point, as you’re the one doing the incessant whinging…… again, tell us, what are you going to do about it? 
 

👍spot on Pal

The media is just whipping up a frenzy 

[Weihrauch17]

I don't expect you to do anything you narcissist and haven't asked you to except not defend this disaster of a Govt, they should retract their chaos inducing budget.  I am not about to share my personal finances with you.  I have an eight year old car and haven't been on holiday for years.  I object to this awful bunch of clowns making us all poorer for the 1%.  I am not in Govt so can do nothing about their sheer incompetence.

[Weihrauch17]

22 minutes ago, button said:

👍spot on Pal

The media is just whipping up a frenzy 

Really!!  

Edited September 28, 2022 by Weihrauch17

[Mungler]

Disaster?

Because they cut income tax a smidge and said a few conservative things?

This is a ‘frenzy’ created by remainers and shorters.

All the people I know who run and own businesses are behind this mini budget - most have said too little too late. 

[McSpredder]

3 hours ago, Scully said:

I’m not convinced at all that anyone on here is impoverished ...

+1

I spent a few years working in parts of Africa and Asia where it was easy to distinguish between rich and poor  --  the poor were thinner.    That's what I call impoverished.

[button]

7 hours ago, Weihrauch17 said:

Really!!  

Yes really

[Scully]

9 hours ago, Weihrauch17 said:

I don't expect you to do anything you narcissist and haven't asked you to except not defend this disaster of a Govt, they should retract their chaos inducing budget.  I am not about to share my personal finances with you.  I have an eight year old car and haven't been on holiday for years.  I object to this awful bunch of clowns making us all poorer for the 1%.  I am not in Govt so can do nothing about their sheer incompetence.

Oh dear! 🙂 You can always vote them out at the next GE, cos that’ll make all the difference when labour win won’t it? It’s gonna be great….free school dinners ( and now breakfasts also I hear! ) training ‘millions’ of nurses and doctors, no more poverty, homelessness. No need for people struggling on 42k to use food banks, no crime and no racism; it’s gonna be great! Just think how well we’d be doing now if Corbyn, Abbott and wotsisname ….oh yeah Costello, had won the last time! 👍

Its no good blaming politicians; they’re not fighting for individuals. When my endowment mortgage had a serious shortfall, I blamed the rep’ who sold it to me, went round to his house and gave him a good hiding. That taught him. 🙂

Only joshing, I just sucked it up and got on with my life. What else could I do?
One of my OH’s sisters has her masters in economics, from Oxford. She was head hunted by a major company in London and works for them in Leeds. She isn’t too worried, but then again she’s minted! 😂

Anyhow, she sent me this, written by some woman who writes for the Telegraph,  which more or less sums up her view on this……

[Mungler]

On 24/09/2022 at 14:43, Mungler said:

I think the government have seen that there’s a really really nasty long and deep recession coming - we and Europe are still dealing with the mass printing of money from 2008, covid, furlough and now Ukraine and add in Brexit in the middle of all of it.

There’s no good news and we’ve got nothing in the tanks. Europe is in a similar position but shackled to the euro and euro rules and regulations. 

The only way out for us is turning london into Singapore on Thames - dealing with an over heated economy with full employment is the better of all of the Hobson’s choices.

What I can’t stand is the politics of envy - the idea that making the rich poor solves all the problems. Bitter green eyed socialism right there.

My own observation is that following covid the world (and certainly the UK) has lost a large chunk of the will to work and get on. There’s an expectation that everyone is now entitled to everything they want - money, house, Merc on the driveway, a state pension, an NHS with unlimited funding, police on every corner etc.

We really do need to teach economics at gcse and in every school as a mandatory.

Text your clever minted sister back and tell her she should be following me on social media. #hearditherefirst

😆😆

[Scully]

3 minutes ago, Mungler said:

Text your clever minted sister back and tell her she should be following me on social media. #hearditherefirst

😆😆

😄Will do. 👍

[Mice!]

1 hour ago, Scully said:

Oh dear! 🙂 You can always vote them out at the next GE, cos that’ll make all the difference when labour win won’t it? It’s gonna be great….free school dinners ( and now breakfasts also I hear! ) training ‘millions’ of nurses and doctors, no more poverty, homelessness. No need for people struggling on 42k to use food banks, no crime and no racism; it’s gonna be great! Just think how well we’d be doing now if Corbyn, Abbott and wotsisname ….oh yeah Costello, had won the last time! 👍

Its no good blaming politicians; they’re not fighting for individuals. When my endowment mortgage had a serious shortfall, I blamed the rep’ who sold it to me, went round to his house and gave him a good hiding. That taught him. 🙂

Only joshing, I just sucked it up and got on with my life. What else could I do?
One of my OH’s sisters has her masters in economics, from Oxford. She was head hunted by a major company in London and works for them in Leeds. She isn’t too worried, but then again she’s minted! 😂

Anyhow, she sent me this, written by some woman who writes for the Telegraph,  which more or less sums up her view on this……

I sort of started watching Peston last night, they had a fella on from America who is the ex bank of England something or other, he was saying some things were badly worded in the budget so people have panicked, that it needed to be done or a recession would have to be engineered. 

Apparently Labour would also be keeping most of what's been done?

[Scully]

44 minutes ago, Mice! said:

I sort of started watching Peston last night, they had a fella on from America who is the ex bank of England something or other, he was saying some things were badly worded in the budget so people have panicked, that it needed to be done or a recession would have to be engineered. 

Apparently Labour would also be keeping most of what's been done?

He may well be right. I can’t pretend to know the first thing about economics, so tend to take more notice of those who have no apparent agenda. OH’s sister being a prime example. 

[Rem260]

16 hours ago, oowee said:

Economic stability comes from a prudent approach to finance. Of course there will be some impacts from unforeseen national or global changes. They should not be started by the Govt. No one would expect a member of the G7, a reserve currency to adopt policies similar to those in the third world.

Unsafe? Yes it is financially unsafe with these amateur's. Billions of our money has been wasted in the last two days. We have to pay for it. 

Up's and downs 

We can vote these wasters out. 

 

So who do we vote in that will sort out this mess. Out of the frying pan and into the fire comes to mind.