Labour billboard

[masona]

Labour billboard quoting "Lowest mortage rate for 40 years" and remember the Tory when it was 15%.

I think this is misleading because I remembered paying 16% under Nigel Lawson for a little while but the difference is my mortage was smaller.
So what the difference if you now have to borrow a average of £200,000 with a lower interest rate compare to mine in 1981 of £17,000 mortage with a higher 16% interest (on average it was 12%). Surely I was better off ???? So is this advertising misleading ?

 

[kendor]

Labour billboard quoting "Lowest mortage rate for 40 years" and remember the Tory when it was 15%.

I think this is misleading because I remembered paying 16% under Nigel Lawson for a little while but the difference is my mortage was smaller.
So what the difference if you now have to borrow a average of £200,000 with a lower interest rate compare to mine in 1981 of £17,000 mortage with a higher 16% interest (on average it was 12%). Surely I was better off ???? So is this advertising misleading ?

What you describing is relative but the billboard does quote "Rate".
I agree with the claims as i've noticed over the last 3-4 decades that the economy has never been so stable as it is now.
Remember how many lost their houses due to the tories in the 80's.

 

[Thermo]

i thought they lost them because of greed and stupidity

 

[david and julie]

Bit naughty labour saying this really, interest rates are now set by the monetary policy unit and not the government. The government(any colour) would soon tell you this if the rate went up. This government hardly changed the previous governments economic policies when they came to power. To get the true cost of labour you need to look at overall taxation including the backdoor taxes, these have all risen, except possibly income tax which always makes the headlines. Do you think they will run a similar ad on council tax?

Another major future problem is PFI's, where a new public project is built by the private sector. They were started by the tories but labour have made them look amatuers at it.These projects used to be funded differently(capital budget) by the state. They are now financed by the revenue budget, this means they pay rent to the project financer. It is insulting to peoples intelligence to suggest you are giving hospitals etc, X ammounts extra when it is then taken off them in rent. The same can be said for vehicles etc, everything is now leased. These financing methods all cost more in the long run because someone always has a mark up.

I think labour are hopeless, just like the rest of the parties are too. I can't think of any MP who isn't in it for themselves really.

 

[kevplumb]

hear hear

 

[masona]

I think labour are hopeless, just like the rest of the parties are too. I can't think of any MP who isn't in it for themselves really.

Spot on, I think the only way is nobody to vote, then perhaps they will get the message that we are all fed up with all the parties but then what do they care ? It's frighteningly because people are fed up with the lying. We need a new honest party. I don't mind paying tax providing they are honest with us where it's going.

 

[Thermo]

i quite agree, as much as the tories were bashed at least they were honest about lying! It always seemed when someone was caught out to be a case of no i didnt do it, ok yes i did and im resigning eg hesaltine, lamont, britton etc etc, whereas with labour its a case of no i didnt, no i didnt, no i didnt, its your fault not mine, weeks later well im going for health/family/pet pig reasons!

 

[jasy]

Agreed. I think i will base my vote on immigration. This is what is sucking this country dry. More money needs to be spent on services less people are paying their taxes for. If we stopped immigration for 3 years i wonder what would happen to our services. For example we are treating more people with TB, Hepatitus and HIV....why? The people who are being treated are immigrants. Stop this and save money....( It's just my point of view )

 

[Richardp]

I agree that Labour are a complete letdown but how many people do you know (in this country) that are not better off under this government (financially) than they were under the Tories? maybe its the circles I mix in but everyone I know is better off,but also disapointed with "new labour".

 

[shaggy]

Good post jasy; that's my opinion as well.

 

[david and julie]

Just read this about UK debt.

Total UK personal debt broke through the £1 trillion (£1,000,000,000,000) barrier in July 2004 and is likely to break through the £1.1 trillion barrier in the middle of 2005.

Britain's personal debt is increasing by £1 million every four minutes.

At the end of November 2004 the total UK personal debt was £1,050bn. The growth rate remains strong at 13.1% for the previous 12 months.

More here if you can be bothered.

http://www.creditaction.org.uk/debtstats.htm

Now I wouldn't for one minute blame all this on any government, but the country(or at least some of it) clearly has severe financial problems. Now I may be naive but if we are all so much better off why is this happening, are some people just so weak willed about finance? Certainly looks like problems ahead for some I reckon.

BTW. never takes long to come back to immigration does it!

 

[shaggy]

d&j:

never takes long to come back to immigration does it!

That's true, but the British people have just demonstrated their generosity in donating to the Asian appeal. The difference in bogus asylum seekers coming into this country holding their hand out is that the element of choice has been removed from us. I'm about to make my income tax contribution to the government funds and I want it spent on deserving causes like the NHS, education, law enforcement, pensions etc, not given to parasites on our society.

 

[david and julie]

Don't get me wrong shaggy, I agree with you 100%. It's just that I'm chilled from my hols and I don't want to get stressed about it, yet!

 

[shaggy]

Fair enough, you had a close one. Have a beer on me

 

[jasy]

Why is it the majority of people feel the same about something but the gov do the opposite to what we want????????????????????