jukel123 8,984 Posted March 21 Report Share Posted March 21 2 hours ago, chartpolski said: Thames Water thought they had the perfect Ponzi Scheme; Interest rates were below 1% so they borrowed £billions to pay huge salaries to their directors and huge dividends to their investors, safe in the knowledge that income from water rates would cover the interest they had to pay on the loans. Then came covid and Russias invasion of Ukraine; interest rates went above 6% and the water rates collected went nowhere near covering the interest , so Thames Water suddenly found themselves £Billions in debt and heading rapidly for bankruptcy. The government asked the shareholders to provide a bridging loan but they refused. Now, there’s been a court case, the government won’t send in the receivers and nationalise it, but will provide the funds to keep it going and the water rates will rise by 100%, all paid for by the public, while the directors and the shareholders walk away Scott free….. Nice for some, ehh ? Cheers. Interest rates were 0% when Geroge Osbourne embarked on austerity. Every seasoned political commentator, from all sides of the spectrum, agreed that was the time to borrow money and let inflation pay off the debt. But the brave George, drawing from his experience as a shirt folder in Harrods, (his only job) decided otherwise and left us with substandard services from the roads to the NHS. But be not affeared, Rachel from accounts, with the dodgy CV, is continuing George's mission and has punished the pensioners and the disabled. b*****ds that they are. It's obvious they are to blame for the country's books not balancing. 1 1 Quote Link to post Share on other sites
tillylamp 1,846 Posted March 22 Report Share Posted March 22 11 hours ago, jukel123 said: If you want an example of how people are screwed in England, you don't need to look further than water. Every drop of water is measured and has to be paid for. The only other country is the world where water has been fully privatised is Chile which is not exactly known for its generosity to its citizens or its human rights. In return the water companies have presided over a system where NOT ONE river in England is now in a good state of 'health'. The water companies have habitually poured raw sewage into rivers whilst paying themselves millions in bonuses. How f****n cynical is that? i haven't had/nor paid for water in years, we have our own drilled well, the water is crystal clear and tastes way better than supplied water plus you don't get that horrible shot of chlorine when the pipes are cleaned.....if your live out in the country here you get a well.... 7 Quote Link to post Share on other sites
terryd 8,718 Posted March 22 Report Share Posted March 22 Biggest regret not sorting private pension when I was young. Going to have to rely on state pension what ever that amounts to. Worked all my life. Too late to do any thing about it now. Bills rocketing. Won’t be long have to work a week to pay bloody council tax. On plus side if you got your health that’s a lot more than some. If I can get around and see these views. Got a roof and food on table that will do me 7 Quote Link to post Share on other sites
mackem 28,225 Posted March 22 Report Share Posted March 22 6 minutes ago, terryd said: if you got your health that’s a lot more than some. Health is wealth terry,know a bloke who just died this week at the age of 58,felt tired last november and went to the doctors,I would take health over a couple of quid any day of the week. 9 Quote Link to post Share on other sites
tatsblisters 10,505 Posted March 22 Report Share Posted March 22 13 minutes ago, terryd said: Biggest regret not sorting private pension when I was young. Going to have to rely on state pension what ever that amounts to. Worked all my life. Too late to do any thing about it now. Bills rocketing. Won’t be long have to work a week to pay bloody council tax. On plus side if you got your health that’s a lot more than some. If I can get around and see these views. Got a roof and food on table that will do me Same here mate though my pit pension that is only 400 pound a month that and the state pension and with being mortgage free it will be enough for me to live on. It's the freeloading politicians and those who doss in the house of Lords i curse every day who raised the state pension age as i would be retired in 9 months instead of another two years. 6 5 Quote Link to post Share on other sites
WataWalloper 1,531 Posted March 22 Report Share Posted March 22 (edited) 57 minutes ago, tatsblisters said: Same here mate though my pit pension that is only 400 pound a month that and the state pension and with being mortgage free it will be enough for me to live on. It's the freeloading politicians and those who doss in the house of Lords i curse every day who raised the state pension age as i would be retired in 9 months instead of another two years. Get on moles or summat tats, won’t get you rich Pal but will deffo make a diff to your monthly income, drop me a pm if ye ever wanna have a think about it pal Edited March 22 by WataWalloper 4 1 Quote Link to post Share on other sites
jukel123 8,984 Posted March 22 Report Share Posted March 22 (edited) 2 hours ago, tatsblisters said: Same here mate though my pit pension that is only 400 pound a month that and the state pension and with being mortgage free it will be enough for me to live on. It's the freeloading politicians and those who doss in the house of Lords i curse every day who raised the state pension age as i would be retired in 9 months instead of another two years. A mate and his Mrs are in the situation. Made them work another two years, plus confiscating the pension payment they would have got. Robbers the lot of them. They should all be required to work in tough jobs every so often to keep them in touch with the real world. Edited March 22 by jukel123 1 Quote Link to post Share on other sites
mC HULL 14,106 Posted March 22 Report Share Posted March 22 13 minutes ago, jukel123 said: A mate and his Mrs are in the situation. Made them work another two years, plus confiscating the pension payment they would have got. Robbers the lot of them. They should all be required to work in tough jobs every so often to keep them in touch with the real world. why vote them in vote reform luke campbell going for it here for reform i recon he will do real well asked him what he knows about politics he said nothing i’ll just help people lol more of these would do 1 Quote Link to post Share on other sites
The one 8,524 Posted March 22 Report Share Posted March 22 2 hours ago, terryd said: Biggest regret not sorting private pension when I was young. Going to have to rely on state pension what ever that amounts to. Worked all my life. Too late to do any thing about it now. Bills rocketing. Won’t be long have to work a week to pay bloody council tax. On plus side if you got your health that’s a lot more than some. If I can get around and see these views. Got a roof and food on table that will do me Its a total waste of time mate i had a 25 year mod pension then a 25 year pension from my last job thought i would be comfortable in my old age , But they tax everything over £12,750 so your no better off i loose nearly all my MOD pension Robbin Barstool you pay tax as you earn it and then they tax you as you get it you cant win 6 Quote Link to post Share on other sites
tatsblisters 10,505 Posted March 22 Report Share Posted March 22 17 minutes ago, jukel123 said: A mate and his Mrs are in the situation. Made them work another two years, plus confiscating the pension payment they would have got. Robbers the lot of them. They should all be required to work in tough jobs every so often to keep them in touch with the real world. Like you say mate to keep them intouch with the real world that not many of them making these decisions will not have a clue about. I think most of us will have had the odd gripe about some taking the benefit system for a ride though the real gripe should be aimed at the politicians and councils and like terry said in the other post he wishes he had paid into a private pension easier said than done in my case with employment uncertainty years ago. 1 Quote Link to post Share on other sites
Qbgrey 4,175 Posted March 22 Report Share Posted March 22 I’m not into politics, interest/ mortgage rates etc as I’m a thick prat. But listening to radio 2 in the week and they said it’s costing £9 mill aday to keep these illegals in the uk ffs. That’s bonkers Quote Link to post Share on other sites
mackem 28,225 Posted March 22 Report Share Posted March 22 No jobs in parts of London so they have to claim benefits? We live in Britain's benefits capitals... we don't want cash handouts - but there are NO jobs out there WWW.DAILYMAIL.CO.UK The people who call some of Britain's benefits hotspots 'home' have revealed what life is really like... Quote Link to post Share on other sites
terryd 8,718 Posted March 22 Report Share Posted March 22 1 2 Quote Link to post Share on other sites
Franks dad 1,028 Posted March 22 Report Share Posted March 22 7 hours ago, WataWalloper said: Get on moles or summat tats, won’t get you rich Pal but will deffo make a diff to your monthly income, drop me a pm if ye ever wanna have a think about it pal Is it possible to make a “decent liveable wage” just on moles ?.. because after 37 years of decorating im thinking of a career move , thought about it last year but couldn’t really find out much online as to yearly income 1 Quote Link to post Share on other sites
WataWalloper 1,531 Posted March 22 Report Share Posted March 22 4 hours ago, Franks dad said: Is it possible to make a “decent liveable wage” just on moles ?.. because after 37 years of decorating im thinking of a career move , thought about it last year but couldn’t really find out much online as to yearly income I’d say it will depend mostly on the area you live in and aim to work in pal, are you rural? Is there lots of moles about? If they are there and folk are willing to pay to have em removed then it’s easy enough to earn a decent wage, jist depends on the effort you’re willing to put in. Might be easier or wiser to do it song side summat else for a bit jist to see how it goes tho, send me a message tho if you wanna know anymore 1 Quote Link to post Share on other sites
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