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Not a conspiracy

Discussion in 'Personal' started by lexus300, Feb 22, 2016.

  1. lexus300

    lexus300 Star commenter

    The pound is down, stocks also, is this a message from the city? You will vote to stay.
     
    Vladimir and viceroy like this.
  2. jacob

    jacob Lead commenter

    It is perhaps the bankers and investors giving the Tories a nudge. I personally despise every one of them, because, in or out, normal people have zero benefits from the EU. It is the rich who will win or lose, but won't lose much of course. It all makes naff all difference to you and me.

    (Cue comments from the usual Tory spies, if they are not three parts (rhymes with hissed) in the bar already.
     
    lexus300 likes this.
  3. Vladimir

    Vladimir Senior commenter

    So are you an 'outie' then?
     
  4. Duke of York

    Duke of York Star commenter

    Isn't it a ridiculous way to run an economy when the fortunes of any country can change at the whim of investors moving their money at the first sign of political change of any sort?

    I could understand it if a war loomed, but the excrement bags do it as soon someone in government sneezes.

    How can any country possibly plan for the future or businesses have long-term stability if they can never predict what the cost of their imports will be or the likelihood of selling their exports?

    Come the Glorious Day, comrades, who do you reckon I think needs to go first up against the wall?
     
    lexus300 likes this.
  5. FrankWolley

    FrankWolley Star commenter

    I'd have thought that the pound's value is decided mostly abroad, not in the city of London
     
    delnon likes this.
  6. sabrinakat

    sabrinakat Star commenter

    I did derive a benefit from the EU - they stepped in after a year of delays and stupidity by the Home Office to press for a Residence Card as the non-EU spouse of an Irish national. Here's where it matters - I work in a specialised area (Classics), pay taxes and contribute to UK society. That was possible through the EU. {My education was thanks to the UK, though, and am glad to be using it here :D)

    Here's the discrimination against a British national - I would need to leave, my spouse do paperwork, I get a spouse visa at 600 pounds a go, and if my husband was a low-paid worker (making less than 18.6k (no children), 22k for one child, +2k for each additional child), guess what? I can't come, no matter my skills or qualifications....:(

    www.theguardian.com/uk-news/2016/feb/21/families-challenge-minimum-income-visa-rules-supreme-court-non-eu-partner

    In Ireland, none of these 'minimum' rules apply - I go with my husband to Immigration (in person), show the marriage certificate and our passport and get a free Residence stamp. That's it.

    ps. please don't tell me to go back to Ireland, I like living here - just pointing out the anomaly :)
     
    lexus300 likes this.
  7. Duke of York

    Duke of York Star commenter

    It makes no difference where it's decided. The system stinks.
     
    lexus300 likes this.
  8. FrankWolley

    FrankWolley Star commenter

    Has always been the same - prices go up or down and businesses have to adapt.
     
  9. jacob

    jacob Lead commenter

    Frank's surname describes his thinking. Who do you imagine these "investors" to be? Little old grannies with a few quid they had saved in war bonds 70 years ago? Or the big fat cats like Russian oligarchs, Middle East "royalty", US billionaires, Indian billionaires and all the other ultra right wing capitalist money grabbers who work "call me Dave"?
     
    lexus300 likes this.
  10. Duke of York

    Duke of York Star commenter

    Here's one that I heard today that ought to be entered in the competition for the most idiotic.

    An English man who had been working in the USA for a few years heard that his mother, who lives alone, had become unwell and seemed confused. He returned to the UK to check on her and found that she appears to suddenly have acquired dementia, so while he's waiting for a proper diagnosis, he's decided to stay here and care for her.

    He has a problem in that he runs a small business and while he's not working in it, he isn't making any money and since it's a seasonal business, he doesn't have a lot in the bank.

    He tried to see if he could get JSA, but was turned down, as he needs to be here for some time before he qualifies, despite having paid into the system for many years before he went to the States.

    I suggested he call a helpline that specialises in helping people get the benefits they're entitled to, but it seems there's little that's going to be forthcoming in the immediate future.

    They warned him to be careful however, because if it comes to light that he's currently living with his mother, she might lose her pension credit and the pair will be worse off than they are.

    I'm sure there will be a safety valve somewhere in the system that can be opened at the eleventh hour to avert the absolute disaster of them starving, but they make it hard to find. The rules get in the way of anyone offering a schematic that might give a clue where this valve might be.
     
  11. Scintillant

    Scintillant Star commenter

    Yes, everyone involved in the stock market, they all had a get together and agreed to make the pound drop to its lowest value for many years
     
    delnon and aspensquiver_2 like this.
  12. Duke of York

    Duke of York Star commenter

    We all know that's not how it works. The stock market is controlled by individual gamblers, seeking out the best places to place their bets.

    Unlike other forms of gambling, you rarely lose all of your stake money, so you get the chance to back a different horse, midway through the race. It's a never ending race and there are no rules to prevent entering new horses entering the race at any time. Some horses get given handicaps at random, so the fresh horses now look like the better bet. You get the chance to withdraw your winnings before the horses pass the finish line.

    I'm sure it's great fun, but when economies depend on how the horses are doing as well, rely on the bets to feed the horses and suddenly discover that they can't do it because a bunch of sphincters couldn't care less whether the horse will get fed, because there's another horse in the race to back with the original stake and who gives a bowel movement if the original horse gets melted down for glue?

    It's a wonderful way to run economies, ain't it?
     
    lexus300 likes this.
  13. FritzGrade

    FritzGrade Senior commenter

    A centrally planned economy like the Soviet Union worked much better.
     
  14. Duke of York

    Duke of York Star commenter

    You might think so but I have my reservations.
     
  15. Didactylos4

    Didactylos4 Star commenter

    It's not as if any of these city people have a history of manipulating the market :rolleyes::rolleyes::rolleyes:
     
    lexus300 likes this.
  16. delnon

    delnon Lead commenter

    Irony? What's irony?
     
  17. Grassroots_Out

    Grassroots_Out Occasional commenter

    Calm down, dears! This blip will right itself in no time. The reaction is knee-jerk scaremongering "Oh! Look what you have done! Disaster!" by those angry that Boris didn't join the loser in campaign. Boo hop!

    Just watched Dragon's Den and wonder how Cameron would have done trying to sell his deal. Now there is a Rory Bremner sketch waiting to happen!
     
    Vladimir and lexus300 like this.
  18. jubilee

    jubilee Star commenter

    1) Someone should be applying for Attendance Allowance for the mother as she has dementia. It is not means-tested and does not affect the amount given in pension Credit.

    2) The son should apply for Carer's Allowance once she gets Attendance Allowance. I presume that he would be eligible. It would be about £60 per week, plus a National Insurance credit.

    3) I can't see how her pension Credit would be affected by having him living in her house. Pension Credit is a Means-tested benefit calculated on her income. If her husband were alive, it would be calculated on the couple's income.
    A son's or daughter's income is never counted when assessing the parent.
    A parent's income is not counted either when an adult child claims JSA Income Based and is living at home.

    Her Pension Credit would only be affected if she were getting rental income from her son. he is clearly not paying to stay with his mother. He is a visitor.
     
  19. lexus300

    lexus300 Star commenter

    The markets are rigged in favour of those with money and influence. You and I are only tools of the system to be manipulated for and at their convenience.
     
    Vladimir likes this.
  20. lexus300

    lexus300 Star commenter

    London is a major International financial centre and has much market influence.
     
    Vladimir likes this.

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