Labour are insane
 

No other way of putting it: link

Re: Labour are insane
 

The assets are only worth anything if others have the spare cash to buy them.

The ones that created the banking crisis were the ones without money, who wanted get-rich-schemes of buying houses that would increase in value, or housing developments that weren't needed. What happened afterwards was a pass-the-parcel of the debt of those people. The money for those "investments" came from the well-off. It is the well-off who didn't get paid back from their investments. It is the well-off and their spare cash that provides the money for mortgages, personal loans, and business loans and that is why the banking system had to be protected. If the well-off don't put their money in banks, no loans of any sort are possible.

Re: Labour are insane
 

Mmm, a video from 5 years ago...

Something has to be done about the obscene gap between rich and poor in this country, that is getting bigger all the time. Divisions are only getting greater. This may not be the solution, but they are right to see it as an issue that needs to be addressed. The current cabinet of millionaires, who won't publish their tax returns (unlike McDonnell), certainly won't be bothered.

http://www.independent.co.uk/news/bu...-a7589341.html

Re: Labour are insane
 

Just love the way he reckons 'the rich' caused the crisis. Really John? Really?? What you mean all of them were responsible and none of them have contributed anything positive to UK PLC and society in general? No worthwhile contribution whatsoever? Nope, they're all the same, rich, fat cat banker pigs... :rolleyes:

The thing about New/Old/Same Old Labour is that sooner or later they always revert back to the sort of puerile stereotyping and failed policy which brought the country to its knees back in the 1970's.

Re: Labour are insane
 

So if someone has worked hard and done well for themselves you figure they should give some of their money to someone who has sat on their arse all their life?

Re: Labour are insane
 

Life isn't as simple as that Nanaman. People can fall on hard times through no fault of their own. Yes there needs to be incentives and rewards for succeeding. However depending on which family/area of the country you are born, chances are uneven from the word go. Most, even if they've done well, see the need to help those less well off. It's the idle 'inherited' rich and affluent pensioners bleeding the country dry.

Re: Labour are insane
 

Affluent pensioners?

https://www.gov.uk/government/upload...-15-report.pdf

In 2014/15, the average weekly income of a pensioner was £297, or around £15k per year.

Affluent?

Re: Labour are insane
 

probably meant effluent;)

Re: Labour are insane
 

What planet are they living on?


The pensioners that I know the average weekly income is about £150 per week.

Re: Labour are insane
 

Most have it tied up in property, income is only one element. However the 'triple lock' is unaffordable, giving free TV, bus rides etc to rich pensioners is a farce. You can be sure this won't be there when most of us retire, if we ever do.

---------- Post added at 17:29 ---------- Previous post was at 17:21 ----------

I'd say £15k is a decent income for a pensioner, assuming they own their own house. However we obviously live in different worlds Hugh !

Re: Labour are insane
 

well my parents worked bloody hard all their lives and they are certainly not affluent Mr K.:nono:

---------- Post added at 17:32 ---------- Previous post was at 17:31 ----------

My parents own their own home and they are penalised left , right and centre.

Re: Labour are insane
 

Personally I'm saving big time for retirement. I don't expect the state to provide or be able to afford to pay out what they currently do. Pensioners have never had it so good.

Re: Labour are insane
 

How dare they work hard, pay their tax, scrimp/save to pay their mortgage for decades and then have the audacity to own their own home and, consequently, very likely have to fund their own social care!!! :mad:

:rolleyes:

Re: Labour are insane
 

yea its partys and booze every night ibeeffa 6 times a year and every one drives a Bentley

Re: Labour are insane
 

l think you need to live in the real world in regards to this Mr K.

---------- Post added at 17:46 ---------- Previous post was at 17:43 ----------

If only it was as easy as Mr K thinks it is.

Re: Labour are insane
 

He is, pensioners of today should consider themselves very fortunate, they've had the best of it, the future for the coming generations of elderly is considerably bleaker than for those of today as a whole.

Re: Labour are insane
 

or given every thing to a generation of ungrateful brats who have now turned on them for their kindness , a generation who have no idea what bleak is and clearly believe every thing should be handed to them .

Re: Labour are insane
 

l don't doubt that it is going to be harder for the pensioners of the future TD but Mr K assertion that pensioners of today have never had it so good is not based on the actual reality as many pensioners l know certainly are far from being affluent.

Re: Labour are insane
 

Pensioners have had their fair share of hard times. Three cheers for the Triple-lock.....HIP HIP HOORAY :)!

Re: Labour are insane
 

don't mention hips mine hurt like hell ;)

Re: Labour are insane
 

You forgot the bit about the bank of mum and dad and keeping their grown offspring from the wolf at the door.

Re: Labour are insane
 

Need to ease up in the sack on the ol' smurfy-wiggle technique; your missus won't be pleased what with you already being weeny in the todger area :D

Re: Labour are insane
 

Quite. Just as well they didn't decide to pee their assets up against a wall but made a whole lot of sacrifices in order to help their kids in the future.

Re: Labour are insane
 

insane from the point of trying to get themselves elected I agree.

However I would think its a thing thats good for the country, redistributing wealth.

In a capitalist country tho its not considered a normal thought process :)

Re: Labour are insane
 

How on earth are the 'idle inherited rich' 'bleeding the country dry'?! By your own admission, they are rich. That would imply that they don't need to 'bleed anything dry' :confused:
As for pensioners, leave them alone. They paid in all their lives and now they are due what they were promised. It's really that simple.

---------- Post added at 09:44 ---------- Previous post was at 09:40 ----------

Only in the short term. After that the well off simply leave and then the socialists find that they no longer have anyone left to fleece.

Re: Labour are insane
 

They are bleeding the country dry by just sitting on their money, not putting it back into the economy or contributing in anyway.

As for pensioners - no problems with them getting what they were promised. It's if the rest of the working population, who are funding current pensioners, will get the same when they retire. I suspect they won't.

Re: Labour are insane
 

What on earth are you on about. I live in an area of the North West which is full of footballers and inherited money. They spend fortunes on having magnificent houses built, therefore keeping the local builders busy, the local restaurants are rammed every night of the week - which leads to loads of local folks being employed. I could go on but you get the jist.

Re: Labour are insane
 

Envy always diminishes an argument. You won't collect a pension ever if you remain so embittered; you need a new leader, fast.

Re: Labour are insane
 

It's not envy, it's a question of fairness, The young of today aren't getting a fair deal. Will they get free bus rides, winter fuel payments, free tv licences, which current pensioners get regardless of income ? Whether they get a state pension isn't a given. Yet they are expected to fund this for current generation of pensioners, who've already been lucky enough to live through the baby boomer era and many also benefit from generous work pensions (another thing the young won't get).

p.s. i need a new leader ?? nobody leads me !

Re: Labour are insane
 

Apart from spending money......

We know that we're going to get bugger all when we retire.

Re: Labour are insane
 

I don't know, neither do you and nor did current pensioners.

You must have a workplace pension though but yes, that's how it works. 'Lucky' is not a description that applies to the cold war generation (a more appropriate descriptor than the fluffy and lovely sounding 'baby boomer' label). They didn't even have computers, iphones and guaranteed electricity :shocked:. They had Green Shield stamps for life's little extras along with coal fires and TB.

What the young will get is support from the 'affluent' old baby boomers who will accept as their reward for life long prudence and self-deprivation, a happy, smiley, if somewhat self-absorbed and self-entitled younger generation.

You're not a Labour man?

Re: Labour are insane
 

I have to really laugh at some of the comments on here regarding Pensioners being better off, with free this and that.

Utter rubbish. I started getting my OAP in January. A measly £152.00 what can l do with that.
I cannot give up work as l would starve. Today for example our car insurance went up by a tenner. So where does that leave me.

It appears that some Tory lovers on here have this thing that there are life is all rosy. And then they will say 'where do we get this extra money from'

The Tories will be in power for the next 20 years unless the Labour Party gets rid of Joker Corbyn. He is not fighting for the working class. He is a damn wimp.

And for Stephen Hawkins to say that the Labour Party have to sack Corbyn, that says something.

The Conservative wont hit the rich - like a Mansion Tax for the rich, or anything that will see the rich stop pouring money into the Tory Bank.

There has always been a very big gap between the rich and poor. And will continue to be.

Its like the Self Employed getting hit for extra tax. Why, they work sometimes 18 hours per day, longer than an MP does. So he gets hit - typical Tory government

No a Tory Government for a very long time. That's why Miss May isn't going to the country yet. She will wait till her time is up. Then go for it. Then another five years.

Re: Labour are insane
 

Probably 60% of my income comes from pensioners NOT sitting on their money .The last 3 conservatories i have built including the one i finished today have all been for pensioners .Without a doubt pensioners are a massive source of income for my industry

Re: Labour are insane
 

Have you been on Rogue Traders Martyh ? Stop preying on those poor OAPs. ;)

Re: Labour are insane
 

NOT all pensioners can afford Conservatries. I have worked all my life, I left school on the Friday. I was working the following day in a greengrocers, and for the following three years. Because, l lived in poverty. Wearing wellington boots at school as my parents couldn't afford shoes.

For the next 30 years l worked cleaning up crap in deep cleaning of kitchens, and other various crap jobs that some people wouldn't do.

I have been unemployed three times. And hated the fact l could support my famly properly.
I am still working as l cannot afford to retire.

I don't blame OAPs that have saved up all the there lives to live in some form of luxury. While you get pampered kids who don't know what hard work is.

And spend that money they have saved up for. As it is certain that this government wont look after them

Re: Labour are insane
 

I sort of semi understand your post Arthur and sympathise with the challenges you have had to work through but you should be proud of what you have achieved rather than bitter? Also, why not let the moonshine wear off before posting?

Re: Labour are insane
 

Envious Mr K? Sure seems like it.

As ever those that do the right thing, get a job, work all their lives, buy a house, have savings, pay into a pension.......are then attacked.

The welfare state was supposed to be a safety net, not a life style.

The have nots will always be jealous of the haves. Socialism is the politics of envy.

Re: Labour are insane
 

Not all envious. Personally I have more than enough for retirement without relying on the state. It's my kids and the next generation who are getting a very raw deal I worry about.

---------- Post added at 21:10 ---------- Previous post was at 21:06 ----------

Not affiliated to any political party, and have never voted Labour ( although that's more to with our crazy electoral system).

Re: Labour are insane
 

You not going to help them out with the large piles of cash you've accumulated?

Re: Labour are insane
 

Affluent in terms of today's pensioners maybe not, but enough to get by. However I suspect many have made little provision as they expect to get the same perks as current pensioners , they won't. Many won't be able to afford to retire at all.

Re: Labour are insane
 

Arthur, have you ever paid into a pension fund?

I'm not that much younger than you, but I realised when I was around 30 I had to start putting some money into a pension. I now have around six small pensions, because I changed jobs every couple of years to progress, but when I retire at 66 (6 years time...), I will have more than the basic state pension to live on.

We have to take some personal responsibility...

Re: Labour are insane
 

You are lucky with a state pension of £152.00.


My state pension is £128.12 !

Re: Labour are insane
 

Interesting article, I wonder if the figures are still reflective

http://m.huffpost.com/uk/entry/uk_57...b0010a7f3da76b

I concur with the media bias surrounding corbyn, it's almost as if he'd done something to upset the barons like, oh I don't know, threaten to break up these all powerful groups or individuals that control so much of our media