UK IX: This Economy Will Self-Destruct In...

[Lebowski]

https://www.theguardian.com/politics/2022/jul/29/rishi-sunak-liz-truss-culture-war-woke-nonsense

This is quite funny as the people hes trying to court by attacking "woke" culture would more than likely be the ones telling his parents to go back to their own country and shoving dog **** through their letterbox. It really is worrying that they seem so obsessed with gender issues and are pretty much ignoring everything else.

[Neon Ignition]

Every day, every new campaign comment just shifts them further and further from being able to pull together a functioning government post-leadership contest and further from the public.

They're so massively disconnected from reality at this point.

[Golgo]

Every day, every new campaign comment just shifts them further and further from being able to pull together a functioning government post-leadership contest and further from the public.

They're so massively disconnected from reality at this point.

Agreed - the lunatic wildness of these promises/pledges have gone beyond desperation and ended up in the realm of pure delirium.

[Lebowski]

they need to get a handle on the cost of living crisis, they are pretty much ignoring the cost of energy and petrol. saying they will reverse a tax that's didn't need to happen puts a lot of people back where they where a few months back but now facing 500-600 energy bills.

If people cant pay on mass what happens? under usual circumstances the gas company would record a non payment this is reported to the 3 big credit agency's and starts to tank peoples credit rating. If they continue to not be able to pay at the 6 month mark they get taken to court and get a county court judgement against them to pay back the money owed, it's pretty cut and dry as you agreed to pay for their services and you haven't. this then destroys your credit rating and means you cant get any type of credit for 6 years until the CCJ is removed from your credit file.

This is the reality millions are facing as if your on minimum wage you cant afford half your take-home pay to go on energy alone so your going to get people either running up massive credit cards and overdrafts to pay or people joining the cancel your Direct debit movement and refusing to pay.

Having a zombie goverment until September not able to do anything and fully focused on the leadership couldn't come at a worse time, No doubt whoever dose get into office will be in for a rude awakening as they will see civil disobedience on a scale not seen in the UK since the poll-tax riots.

[Neon Ignition]

On the radio the portent of doom is the amount of people thinking that cancelling direct debits or refusing to pay for their energy is a tactic that will end well for them

[Dogg Thang]

On the radio the portent of doom is the amount of people thinking that cancelling direct debits or refusing to pay for their energy is a tactic that will end well for them

It’s not the same thing but some years ago they brought in water meters and new water charges here in Ireland. Huge numbers of people refused to pay. Not everyone but too many people. Enough to make life way too difficult for them to do anything about it. The new metered water charges were dropped and the meters remain unused.

[Golgo]

^ I may be wrong but I think it's illegal for companies to cut water supplies to a person's home (?), but they can of course do that with other utilities. I think this is the reason why people historically have been quite ready just to **** off water bills. Ready to admit I may be talking hot air, here...

[Dogg Thang]

You could well be right.

[Cassius_Smoke]

I think this Gender push by the government is because attacking immigration and the EU worked really well for pushing through bills, but now we have left the EU they need a new thing to get the country to hate. If this doesn't work, they'll move to something else.

[Lebowski]

^ I may be wrong but I think it's illegal for companies to cut water supplies to a person's home (?), but they can of course do that with other utilities. I think this is the reason why people historically have been quite ready just to **** off water bills. Ready to admit I may be talking hot air, here...

Legal requirement or not Imagine millions of people all getting cut off from gas/electric, it would be a national shame pushing millions of people in the uk into the dark and cold How can the goverment justify this situation when company's are making record profits. Pushing the majority of the middle class to make massive cuts to pay these bills tanks the economy too, we need people with disposable income to keep a lot of business open if nobody's spending it has a multitude of knock on effects unemployment/spiraling welfare costs ect.

You only have to look at France and see how things could be massively different, if anything this is showing how privatisation is a massive failure and unregulated energy is not the way to go. we're like a warning for the rest of the world on how not to run a country at this moment in time.

[Neon Ignition]

Bank of England scraps mortgage affordability test | Mortgages | The Guardian
Rules relaxed for new home buyers

[Golgo]

Bank of England scraps mortgage affordability test | Mortgages | The Guardian
Rules relaxed for new home buyers

Wow. Is this wise in the current dire financial climate, especially given how the sub-prime market triggered the last big crash?

[Lebowski]

Bank of England scraps mortgage affordability test | Mortgages | The Guardian
Rules relaxed for new home buyers

Because our parents didn't have to do these sort of things they also didn't have 3 credit agency's reporting on your every financial move, the current situation is idiotic for first time buyers.

"So Mr Jones you have been renting for the last ten years paying on average £1000 a month where sorry but we don't think you can afford a mortgage at £700 a month bye bye"

[Neon Ignition]

https://www.theguardian.com/politics/live/2022/aug/01/tory-leadership-race-rishi-sunak-lizz-truss-vote-keir-starmer-uk-politics-live

Just at the critical moment Mordaunt backs Truss. Literally opposite campaigns and flagged off by Truss' camp so there has to have been a sweet offer made to Mordaunt to secure what is surely the final killer strike on Sunak's campaign

[Brad]

It’s not the same thing but some years ago they brought in water meters and new water charges here in Ireland. Huge numbers of people refused to pay. Not everyone but too many people. Enough to make life way too difficult for them to do anything about it. The new metered water charges were dropped and the meters remain unused.

Brilliant. Hell yeah!