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:-))

The more you think of it, the more laughable it gets. I'd just take a year out before going to uni or college, get a job, and pi$$ £1600 up against the wall. What better way to celebrate leaving school than with a holiday to Vegas?

a dry holiday to Vegas sounds great....

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They could set themselves up as drug dealers , get new phones and a laptop.

or go for a modern hydroponics system for making grass !

or , breast implants , hair extensions and designer luggage .

what a plan Jim , you take the ffukkin biscuit !

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well it wouldn't be the first time or the last time Labour was guilty of state theft from peoples pension funds ... the last time was in 1997 when Gordon Brown was chancellor when he hit public and private sector workers pensions when he hit them with a triple whammy: removed tax relief on pensions, tax share dividends for pension schemes, taxed pension funds profits from buying and selling shares ... those 3 actions have led to pension funds losing between £125 - £200 billion since 1997 and are losing over £10 billion per year this is why our final salary schemes were closed and we now have the 4th LOWEST pension in the EU

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well it wouldn't be the first time or the last time Labour was guilty of state theft from peoples pension funds ... the last time was in 1997 when Gordon Brown was chancellor when he hit public and private sector workers pensions when he hit them with a triple whammy: removed tax relief on pensions, tax share dividends for pension schemes, taxed pension funds profits from buying and selling shares ... those 3 actions have led to pension funds losing between £125 - £200 billion since 1997 and are losing over £10 billion per year this is why our final salary schemes were closed and we now have the 4th LOWEST pension in the EU

Correct. Gordon Brown and Labour have ruined the UK pension sector, literally.

The liabilities created by these ridiculous defined benefit pensions are far, far in excess of what people have paid into them and are so big they are now eating the companies that offered them. Viable going concern companies are being closed and put into administration by their pension funds in order to 'protect' the pensioners. It is lunacy.

So there is a massive double tap blow out there coming...one many pensioners may get paid their company pension and two many viable companies employing people are going to be put under and other people will lose their jobs. It is a ing disaster of such massive proportions it is hard to take it in. And all of it is down to Gordon Brown & New Labour. They have totally ed the country.

Bankrupt together.

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Brown also sold all the UK's gold at the very bottom of the market (a decision that was baffling at the time) and he was the Chancellor from 1997 to 2007 and then prime minister when the financial 'crisis' hit. And the press called him the Iron Chancellor. What a joke that is. He has presided over one catastrophe after another. He was and is a one man disaster zone, wrecking everything he touches. And then you have the Vow. Is there a more horrendous Scot, it is hard to think of one. Labour are hugely repulsive and Gordon Brown is their poster boy even more than Blair. Horrible, vain, massive ego, treacherous two faced . Makes Murphy look good.

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The Tory changes to the state pension being introduced in 2016 are also starting to look like another way of taking money off pensioners (mibee?). They say it's to simplify it into a single tier pension. By "simplify" they mean "make so complicated that even financial advisers can't understand it". I have read some stuff which says folk who contracted out of SERPS/second state pension will be better off under the new system and some stuff saying they will be worse off. It's almost impossible to work out. One thing they seem to agree on, is that very few folk will be on the standard £145 a week. It will be near impossible for pensioners to work out if they are getting the correct entitlement unless they have a degree in applied maths.

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Can we imagine what the reaction would be if an SNP politician said that we were going to tax mansions in England to pay for more nurses in Scotland?

This could become reality very soon in Westminster if the polls are to be believed.I don't have to try too hard to imagine a smiling Alex Salmond proposing it to the house :-))

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Brown also sold all the UK's gold at the very bottom of the market (a decision that was baffling at the time) and he was the Chancellor from 1997 to 2007 and then prime minister when the financial 'crisis' hit. And the press called him the Iron Chancellor. What a joke that is. He has presided over one catastrophe after another. He was and is a one man disaster zone, wrecking everything he touches. And then you have the Vow. Is there a more horrendous Scot, it is hard to think of one. Labour are hugely repulsive and Gordon Brown is their poster boy even more than Blair. Horrible, vain, massive ego, treacherous two faced . Makes Murphy look good.

He sold it to protect goldman sachs who had gambled shorts on it and needed the market to fall, hence why he announced he was selling and then got the price as low as possible before selling.

http://blogs.telegraph.co.uk/finance/thomaspascoe/100018367/revealed-why-gordon-brown-sold-britains-gold-at-a-knock-down-price/

"When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, he did two distinctly odd things.

First, he broke with convention and announced the sale well in advance, giving the market notice that it was shortly to be flooded and forcing down the spot price. This was apparently done in the interests of “open government”, but had the effect of sending the spot price of gold to a 20-year low, as implied by basic supply and demand theory.

Second, the Treasury elected to sell its gold via auction. Again, this broke with the standard model. The price of gold was usually determined at a morning and afternoon "fix" between representatives of big banks whose network of smaller bank clients and private orders allowed them to determine the exact price at which demand met with supply.

The auction system again frequently achieved a lower price than the equivalent fix price. The first auction saw an auction price of $10c less per ounce than was achieved at the morning fix. It also acted to depress the price of the afternoon fix which fell by nearly $4.

It seemed almost as if the Treasury was trying to achieve the lowest price possible for the public’s gold."

Edited by phart
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This is a really good article about the fall and fall of Labour

http://www.commentisntfree.com/waiting-for-the-hammer-to-fall/

Goes on for far too long, but it's good knock-about stuff from someone who was once in the Labour party.

Can anyone source the two quotes from yesterday's mini-rally about 'the ship going down' and 'I'm off to England when I lose my seat'?

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Scunnered

Edit: Nah, it's not the board. Flora appears to type 'humper' when he intends to write 'scunnered'. Sigmund Freud coined a technical term for that - "a bit creepy".

Edited by DonnyTJS
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