It's all over milipede is going to win :(

[irocfan]

hopkins has said she'll leave the UK of milipede wins... massive election boost for labour I suspect

http://www.huffingtonpost.co.uk/2015/03/26/katie-h...

lol

[irocfan]

Du1point8 said:

Beanoir said:

Intersting how this argument always seems to revolve around whether it's the banks at fault or the Govt.

I like to think that one day we will take responsibility for our own actions, the 'toxic debt' was created by those borrowing too much on the never never with little chance of repaying it...beause they needed a Rangie on the driveway.

I know that, you know that... government and the people borrowing couldn't accept that, then blame the banks for the lending... then decide to penalise people in the investment banks as they are all classed as bankers.

Same people now come back and blame the banks again as they won't lend to them or they can't have 125% mortgages anymore.

I read somewhere that the government at the time put lots of pressure on the banks to lend as it's the publics right to have a property, even if they can't afford it.

bingo!! ding ding ding - we have a winner! Thanks to social engineering by Bill Cliton the people in the US who could barely afford a loaf of bread and couldn't budget for a glass of water were suddenly deemed responsible enough to buy a house (because the price of property ALWAYS goes up....). This was always a car-crash waiting to happen

Edited by irocfan on Monday 30th March 17:46

[irocfan]

Wills2 said:

So please forget that those white range rovers you see caused the financial crisis.

no one is saying that they did - however if people didn't go out and buy the fecking things then when the inevitable downturn happened they wouldn't have felt the 'pinch' anything like as much as they did.

Easy game for you here... are you better off if you lose your job and you have:

a - loads of credit (nice shiney shiney sitting on the drive, big T.V., a mortgage 6 times your salary etc etc)

b - no credit

Now I'm no saint, and maybe I was lucky by not being carried, away BUT the fact is I didn't get carried away and therefore managed to keep a roof over my head. Loads of people with lovely new FFRR's, MerceMWdi's etc living in places they shouldn't have bought weren't as lucky - if they'd been more prudent (like the one-eyed Scottish gimp should have been) they'd not have been in the st