Money, Money,Money

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
07/03/2009 15:41

So the Bank of England is to print more money to put into the economy "to get things moving".



Wasn't there a plan by the Germans in WW2 to flood our economy with bank notes?



Clearly the Germans thought they could ruin our economy. I suppose now we'll know if their plan would have worked or not!

mikelapta



Joined: 20/11/2008
Posts: 2186

Message Posted:
07/03/2009 15:48

This is not political,my loyalty is to Plaid Cymru..the party of Wales.



Look at history,every Labour party does the same,bankrupts UK.

this is a little different because of the global recession.but no Labour government has every grasped Economics.

I remember when the PM was in charge of Finance.....Prudence,prudence,prudence

Not mentioned anymore,eh?

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
07/03/2009 15:54

i also remember the advice about saving for your old age and paying in for extra pensions.

Macha


Joined: 18/01/2009
Posts: 650

Message Posted:
07/03/2009 16:22

I have no pension plan and I'm glad my money's in bricks and mortar. Safest place for it.

gates


Joined: 08/12/2008
Posts: 1096

Message Posted:
07/03/2009 16:34

if they keep printing money they will have to devalue the £ then what how much is this going to cost again vote labour this is what you get now will be 20 yrs of misery then when cons get it all back together lets vote labour again it wont mater to me then but if you are still around remember this

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
07/03/2009 16:41

Macha. Message 4 - you forgot to put a smiley after your post

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
07/03/2009 16:46

Bring back the iron lady Maggie she would have put the great back into britain.

The BNP are increasing in popularity as they say we should close our borders and deport all illegals thus giving more money to the people who are british. Surely they would't win or could they??

joseph


Joined: 17/04/2008
Posts: 709

Message Posted:
07/03/2009 16:56

Macha... happy you are safe and sound but...



What you have to remember are millions of ordinary people in the UK were saving in pension schemes that they were told were as safe as your house.



Problems began when those elected to look after peoples rights allowed companies pension holidays and even raid funds to "invest" ... not too disimiler to the way the current banks have messed up.

It was the governements job to look after, ie oversee, such pensions.

They failed everyone, just as such companies failed their workforce.

So why should ordinary people now be penalised by a combination of mismanagement, some would argue incompetence.



Five years ago a small engineering company in Wales... ASW... had exactly this scenario. Their company went into liquidation and they found out their pensions were gone. The government refused to help them to the tune of a few milliom... contrast that with the billions they are pouring into the banks.



These are ...

joseph


Joined: 17/04/2008
Posts: 709

Message Posted:
07/03/2009 17:03

cont...



These are ordinary people who deserve better from our political masters.

This government even put a veto on the house of Lords discussing the ASW case in order to stop any change to their view thereof, they even went as far as The High Court to escape their responsibilities. Disgraceful.



They hide behind the old.... well we cannot mispend government money it belongs to the tax payer. These people deserve what is owing to them.



And surprise surprise, a little research and we find there are over 150,000 other people in the same boat. No amount of political postering can absolve the government of their disgraceful actions. And as I say, compare the minute cost of helping these people with the billions currently being flushed away.



Sorry to rant on but I feel for these people, they deserve our sympathy.



Regards Joseph

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
07/03/2009 21:45

they really do joseph. my son in law worked for them as did two good friends. still fighting to get anything. From such a good company it beggars belief. What they pay us pensioners and rob the younger generation well what can be said.