Banker bonus cap.

[AronSearle]

Ellal, I don't vote conservative because of cameron.

As for the rest, I'm glad I amuse you, it's nice to put a smile on someone's face, and shall leave you to try and nitpick trivialities within my sentences to win your internet argument.

 

[ellal]

and shall leave you to try and nitpick trivialities within my sentences to win your internet argument.

It's not 'nit picking'...

It's showing you up to be what you are - an ignorant troll !

 

[AronSearle]

If I'm an ignorant troll then it shouldn't be that hard for you to properly refute my arguments, rather than nit pick on one or two words out of place.

Of course, if I really am a troll, then I must be a good one to get you to keep biting

And ellal, seriously, get yourself a bumper book of jokes and puns, using the A*r*S*e one again and again is like that special little kid in school who keeps repeating that same joke cus he knows no others.

 

[ellal]

I already have refuted your argument....

The problem is you are the only one not to see that... ('nit picking' is your latest attempt to try and hide the fact that you've been caught out yet again.. )

Still, you carry on believing your own b*llshit, and we'll keep on laughing at you...

And that's why I don't need a joke book...Your posts take care of that!

 

[AronSearle]

What arguments have you refuted?

Our recent problems are mostly that of government overspending, not reckless banking, we are still one of the richest nations in the world, I'd rather not burn the banks to the ground in some fantastical idea that all will be sunshine and unicorns without them.

Your "rebuttal" to that was some smilies, and something about where to shove it?

Hmm, convincing argument.

So semi public bodies then, it's against conservative ethos to cap private pay, the public sector can do as it's told.

What was your rebuttal to this? Something about my "nasty party heroes", strange argument as I don't vote for them, and even if I did, you think thats a rebuttal.

Your argumentative skills are, shall we say "lacking", please go back to nit picking a missed word here and calling me A*r*S*e, my my you are so clever to come up with such a funny pun, have a cookie.

 

[ellal]

See there's that phrase again...

I can't help it if you say one thing about Camoron, and then whinge when its pointed out where you are in error...

And 'one of the richest' countries in the world?

It has been explained to you before, but here goes again...Explain then why we are the 16th most indebted nation and predicted to rise to be in the top 10 in a couple of years?

(That of course is just 'government debt' (our debt)...Oh but then you believe that they 'own' stuff don't you, so we won't have to pay will we... )

Of course if we are working on total external debt, then we are third - behind the US and the whole of the EU...And as a % of GDP we are way off the scale!

Still think we are one of the richest?

The fact that you believe the problems are of the governments making are also indicative of your ignorance...

So, you tell us...If a government is in 'control', why are the banks 'too big to fail'?

If a government is 'in control' why didn't they regulate the reckless banking?

Still, we shouldn't worry too much should we...after all, as you say - they own 'stuff'...

 

[AronSearle]

See there's that phrase again...

I can't help it if you say one thing about Camoron, and then whinge when its pointed out where you are in error...

I missed a word out (private), going to debate my points, or going to keep hanging onto that slip-up because it's all you can beat me with, hmmm, I think I know the answer to that, I can hear you reaching for Ctl+C for your A*rs*e joke.

And 'one of the richest' countries in the world?

Top 10 mate http://www.aneki.com/richest.html

It has been explained to you before, but here goes again...Explain then why we are the 16th most indebted nation and predicted to rise to be in the top 10 in a couple of years?

Hurr Durr, government has racked up debt worth 70% of one year of economic activity, hardly good, but are you so stupid as to claim that makes us poor, this is like someone who earns 1 million EVERY year, owing 700k in debt?

What kind of an economic ponce are you to think Britain is poor?

Oh but then you believe that they 'own' stuff don't you

Walked into any military bases lately, No.10, Buck palace, various government buildings?

Why not, after all the government doesn't "own" them?

The fact that you believe the problems are of the governments making are also indicative of your ignorance...

So, you tell us...If a government is in 'control', why are the banks 'too big to fail'?

1. You think "the banks" are to blame for all our problems, nothing to do with higher energy prices, house price inflation due to restrictions on new build, lose of business to Europe (as well as +1million immigrants), carbon taxes and similar responsible for shutting out of some business, red tape regulation, welfare state. Nah, it's all the banks fault for not lending more money!

2. The government was spending an estimated 70billion more than it was taking in before the banks crashed, at the height of an economic boom, how is government overspending anything but their own fault?

2. Who stoked the banking crises, who said banks were "to big to fail" oh yes, the government.

http://brackenworld.blogspot.co.uk/2010/09/casino-banking.html

 

[ellal]

As I said before, you are an ignorant troll, 'soft in the head'...(the quoting/ignorance is a giveaway...lol)

So GDP is a measure of a country's 'wealth' is it?

Debt to GDP ratio is the real value, and by any measure of that we are in debt way above your level of reasoning...

(But if we were to link it to your IQ, think on the scale of 10x... )

On second thoughts, I've probably a bit generous there....think about 15x!

Or in terms you might just understand, each and every one of us owes (irrespective of personal debt) £150k+

Have you worked out how you are going to pay your share of the debt? (unless you continue on your insane argument that the government has 'assets')

And if you ever have a cerebral moment, will you ask yourself why you should pay it?

 

[AronSearle]

As I said before, you are an ignorant troll, 'soft in the head'...(the quoting/ignorance is a giveaway...lol)

Erudite.

So GDP is a measure of a country's 'wealth' is it?

Debt to GDP ratio is the real value, and by any measure of that we are in debt way above your level of reasoning...

I would like you to explain how having debt that is equivilent to 70% of 1 year of economic wealth makes you poor?

(unless you continue on your insane argument that the government has 'assets')

Yes ellal, the world is insane and only "you", the chosen one see the truth!

The government owns no assets

And if you ever have a cerebral moment, will you ask yourself why you should pay it?

Well, you could decide to not pay your tax, I understand you can still access the internet in jail, so you can let us know how that works out for you.

Oh, you mean why should I pay for it "morally", well, the people of this country voted for labour, all 3 times, they voted for the overspending, choices have consequences.

Don't like it, tough titty mate, only tin pot 3rd world countries refuse to live up to their debts and responsibilities when the old leader is kicked out and replaced for a new one.

 

[ellal]

You really have run out of any real argument when confronted with the facts haven't you...

So you carry on repeating that cr*p to yourself, and maybe you'll even believe it yourself one day...lol

ps...I believe by definition the term 'Erudite' belongs to you!

 

[ellal]

Funny how the troll has now gone silent...

Maybe there are another couple of points the troll would like to refute...

I would like you to explain how having debt that is equivilent to 70% of 1 year of economic wealth makes you poor?

Simple really...

The total debt is actually 4x GDP (+) and that amount is GROWING due to year on year deficits whilst GDP is not going up...

Don't like it, tough **** mate, only tin pot 3rd world countries refuse to live up to their debts and responsibilities when the old leader is kicked out and replaced for a new one.

Ah, so you must also mean that a country like Iceland who decided DEMOCRATICALLY that the debt was not run up by it's citizens but by private companies (banks) is a tin-pot one...?

The same country that has low unemployment, a trade surplus, credit ratings going up, and guess what - resources...

So tell us softy... what resources does the UK have, and why are we so rich?

 

[ellal]

Oh look...

The troll thinks we are not out of step...

The funny thing is everyone else thinks differently!

http://www.bbc.co.uk/news/business-21661089

 

[AronSearle]

Funny how the troll has now gone silent...

Errr, sorry, I don't sit there drooling at the keyboard at all hours.

I would like you to explain how having debt that is equivilent to 70% of 1 year of economic wealth makes you poor?

Simple really...

The total debt is actually 4x GDP (+) and that amount is GROWING due to year on year deficits whilst GDP is not going up...

Yes, it's still going up, but it's still only 70% of 1 year of GDP, I'm not sure where you get 4x unless you do something silly like counter future pension debts against current GDP.

But even if it is 4x times, how does that make us poor.

Is someone who earns a million pounds a year, and buys a house for 4 million (on a loan), considered poor, what kind of whacked economics are you using?

(And no, I am not defending our current deficit, but it does not make us poor)

Don't like it, tough **** mate, only tin pot 3rd world countries refuse to live up to their debts and responsibilities when the old leader is kicked out and replaced for a new one.

Ah, so you must also mean that a country like Iceland who decided DEMOCRATICALLY that the debt was not run up by it's citizens but by private companies

Why are you comparing debt run up by private companies (banks) to debt run up by the government from spending on social programmes and bondoggles?

And do you know who we will be defulting to, not those big nasty banks, but...

Now I do hope you can see who will be hurt the most by UK government default, hint, it's not those nasty banks.

Oh look...

The troll thinks we are not out of step...

The funny thing is everyone else thinks differently!

http://www.bbc.co.uk/news/business-21661089

Chancellor George Osborne stood isolated after European Union finance ministers vowed to press on with proposals to curb bankers' bonuses.

Seriously, you want to run with that?

You want to use EU finance ministers as backup for your argument, those guys inolved in the Euro.

Ok dude, good luck with that argument!

 

[ellal]

You really don't have a clue do you...

Having been caught out you dismiss some types of debt as not debt at all

So heres a run through so that maybe you'll understand the stupidity of your argument...

A person on average earnings (assuming £27k) owes approx £19k, but that figure is going up faster than their earnings...

That person has an average mortgage (£130k), and is paying off the interest but not the capital...

In the past it was easier to use a payment 'vehicle' to save enough to pay it off at the end of the loan's term...

However costs have risen, and that average person can no longer afford that payment 'vehicle'...

And to make matters worse, the government keeps adding to their mortgage in order to hand over money to the banks who originally loaned them too much in order to prop up the unrealistically high price of his house so that a relatively few people could get obscenely rich....

Time moves on, and before you know it, it's time to pay back the capital...

Only they can't because their original asset is now worth much less than their debt, and what little is left is to be swallowed up keeping them alive so more companies can carry on making big profits ...

What to do?...They decide to pass the mortgage on to their kid.

Only that kid is so indebted from all the costs of the privatised services and an expensive education that is meaningless due to the lack of jobs, which is down to the fact that the place that they live in has no resources, makes nothing others want, and can't even feed/power itself...

The bank (which they paid to keep afloat) now calls in the mortgage, and the kid is now homeless with no future but still with an impossible debt to pay....

If only they had been encouraged/able to put a bit more away each month instead of funding the lavish lifestyles of the few, they wouldn't be in this situation...




Or am I missing something here? Oh yes - how silly of me to think of a mortgage as a debt that ever has to be repaid!...

 

[AronSearle]

Having been caught out you dismiss some types of debt as not debt at all icon_rolleyes.gif

Eh what, put your glasses on?

Sorry ellal but debate seems pointless with you as you simply skip over entire parts of posts to nit pick the one point
you can argue with (and still argue badly).

I don't think you are a troll, just not very bright and able to argue.

You are banging on about "buying out the banks", which whilst was arguably a bad thing to do, is such a small proportion of our debt, it can in that regards be relegated, our national debts are +90% government overspending.

Government debt is an issue, but it is still 70% of GDP, so it does not by any stretch make us poor, the best you can do to argue it does is that it "might" in the future, yea OK.

As to the rest, well, refute and debate my previous points, or go back to copy and pasting A8r*se, being a grammar nazi and saying how I don't have a clue, It sure is amusing.