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Re: Are you THINKING about what you are writing ?
Posted by 'davidmc' on 31 Jan 2009 @ 12:34

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davidmcJoined: April 2003
Total Posts: 2
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"The most perfect example of a Republic is the American Constitution"

Which has obviously worked wonders for their economy.

"I TOTALLY agree that rates were too low, and I don't think I have said otherwise??? If the interest rates were set by the free market they would have NEVER got this low."

Interest rates are a secondary factor. The root of the problem is that of providing credit to those individuals and companies who:

a) Cannot afford it
b) Have no asset base (inc cash) against which to lend
c) Are not cash flow positive

The problem isn't one of allowing the rich to get richer, it's one of allowing the poor to pretend to get richer without putting in the prerequisite hard work and adding value to themselves and the economy.

Currently, the rich are laughing all the way to the bank. The collapse of the housing market has created an ocean of opportunity. Low interest rates have reduced the cost of new and (some) existing debts. The government is pumping money into the economy. Labour is cheap and readily available. So long as you're in the business of necessities rather the niceties, things are looking pretty good.

Dave

Message Thread:

Ł20 internet connection TAX planned by 'Gillard77' (30 Jan 2009 @ 10:23)

Re: Ł20 internet connection TAX planned by 'Oli' (30 Jan 2009 @ 10:38)

Re: Ł20 internet connection TAX planned by 'dynamax' (30 Jan 2009 @ 10:49)

Re: Ł20 internet connection TAX planned by 'Cadet49Dad' (30 Jan 2009 @ 12:48)

Re: Ł20 internet connection TAX planned by 'kai' (30 Jan 2009 @ 13:23)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 14:19)

Re: Ł20 internet connection TAX planned by 'davidmc' (30 Jan 2009 @ 14:58)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 15:38)

Cut the tax spend on... by 'DavyBoy' (30 Jan 2009 @ 16:03)

Re: Cut the tax spend on... by 'DevonHawker' (30 Jan 2009 @ 17:56)

Re: Cut the tax spend on... by 'DavyBoy' (30 Jan 2009 @ 18:24)

Re: Cut the tax spend on... by 'DevonHawker' (30 Jan 2009 @ 19:59)

Re: Cut the tax spend on... by 'WillDendy87' (30 Jan 2009 @ 20:52)

We should encourage the rich to get richer by 'DavyBoy' (30 Jan 2009 @ 21:52)

Re: We should encourage the rich to get richer by 'DevonHawker' (30 Jan 2009 @ 22:21)

Re: We should encourage the rich to get richer by 'WillDendy87' (30 Jan 2009 @ 22:49)

Re: We should encourage the rich to get richer by 'DevonHawker' (30 Jan 2009 @ 23:28)

Re: We should encourage the rich to get richer by 'WillDendy87' (30 Jan 2009 @ 23:44)

Are you THINKING about what you are writing? by 'itpro' (31 Jan 2009 @ 1:27)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 10:33)

Re: Are you THINKING about what you are writing? by 'DevonHawker' (31 Jan 2009 @ 12:13)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:17)

Re: Are you THINKING about what you are writing? by 'itpro' (31 Jan 2009 @ 12:27)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:34)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:51)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 10:37)

Re: Are you THINKING about what you are writing? by 'DavyBoy' (31 Jan 2009 @ 10:51)

Are you THINKING about what you are writing ? No by 'DavyBoy' (31 Jan 2009 @ 10:46)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 11:29)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 11:43)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 11:58)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 12:09)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 12:14)

Re: Are you THINKING about what you are writing ? by 'davidmc' << You are here!

Davidmc by 'WillDendy87' (31 Jan 2009 @ 12:38)

Re: Davidmc by 'davidmc' (31 Jan 2009 @ 12:55)

Re: Davidmc by 'WillDendy87' (31 Jan 2009 @ 13:03)

Re: Davidmc by 'itpro' (31 Jan 2009 @ 14:15)

Re: Davidmc by 'davidmc' (31 Jan 2009 @ 15:12)

Er........ David by 'itpro' (31 Jan 2009 @ 14:11)

Re: Er........ David by 'davidmc' (31 Jan 2009 @ 14:58)

Re: Er........ David by 'itpro' (31 Jan 2009 @ 16:28)

Re: Er........ David by 'davidmc' (31 Jan 2009 @ 16:40)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 14:07)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 14:15)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 14:19)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 14:46)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 16:20)

Re: Are you THINKING about what you are writing ? by 'DavyBoy' (31 Jan 2009 @ 16:54)

Re: We should encourage the rich to get richer by 'DevonHawker' (31 Jan 2009 @ 2:06)

Re: We should encourage the rich to get richer by 'itpro' (31 Jan 2009 @ 11:38)

Re: We should encourage the rich to get richer by 'WillDendy87' (31 Jan 2009 @ 11:44)

Re:Itpro, outdated industries by 'davidmc' (31 Jan 2009 @ 13:04)

Re:Itpro, outdated industries by 'itpro' (31 Jan 2009 @ 14:01)

Re:Itpro, outdated industries by 'DavyBoy' (31 Jan 2009 @ 21:40)

Re:Itpro, outdated industries by 'itpro' (01 Feb 2009 @ 18:06)

Re:Itpro, outdated industries by 'davidmc' (01 Feb 2009 @ 20:16)

Re:Itpro, outdated industries by 'DavidG' (01 Feb 2009 @ 20:43)

Re:Itpro, outdated industries by 'WillDendy87' (01 Feb 2009 @ 21:26)

Re:Itpro, outdated industries by 'davidmc' (01 Feb 2009 @ 21:28)

Re: Ł20 internet connection TAX planned by 'davidmc' (30 Jan 2009 @ 13:35)

Re: Ł20 internet connection TAX planned by 'chriskasch' (30 Jan 2009 @ 14:30)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 15:40)

Re: Ł20 internet connection TAX planned by 'chriskasch' (30 Jan 2009 @ 16:03)

alterior motive here by 'singers' (30 Jan 2009 @ 14:57)

Re: alterior motive here by 'itpro' (30 Jan 2009 @ 15:41)

Its Ulterior not alterior [NT] by 'DavyBoy' (30 Jan 2009 @ 16:05)

Re: Its Ulterior not alterior [NT] by 'itpro' (30 Jan 2009 @ 19:34)

Re: Its Ulterior not alterior [NT] by 'WillDendy87' (30 Jan 2009 @ 20:58)

Re: Its Ulterior not alterior [NT] by 'DavyBoy' (30 Jan 2009 @ 21:41)

Re: Its Ulterior not alterior [NT] by 'itpro' (31 Jan 2009 @ 1:09)

back on topik... by 'singers' (31 Jan 2009 @ 3:31)

Re: back on topik... by 'jnrblue91' (31 Jan 2009 @ 20:44)

Re: back on topik... TOPIC ! by 'DevonHawker' (31 Jan 2009 @ 22:44)

Re: back on topik... TOPIC ! by 'jnrblue91' (02 Feb 2009 @ 20:22)

Re: back on topik... TOPIC ! by 'KenE' (03 Feb 2009 @ 23:48)

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