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Giddy are you ok, are you ok Giddy; Fantastic work Mr Chance-a-lot.
Topic Started: Nov 7 2015, 01:33 AM (1,746 Views)
skwirked
On Enforced Vacation
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I'd just like to use this thread to thank the chancellor for his excellent work with regards to the following:

https://www.gov.uk/government/speeches/chancellor-george-osbornes-budget-2015-speech

Quote:
 

Our goal is for Britain to become the most prosperous major economy in the world, with that prosperity widely shared.



The man is a genius.
Edited by skwirked, Dec 1 2015, 07:26 AM.
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Affa
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Blaming Brown alters nothing except Tory prospects with voters. ......... and that is the reason we see it.

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C-too
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RJD
Nov 12 2015, 09:49 AM
C-too
Nov 11 2015, 12:55 PM
RJD
Nov 11 2015, 11:04 AM

Quoting limited to 3 levels deepAND IN THE CITY OF LONDON, WHICH WAS MORE THAN HAPPY TO TRADE TOXIC DEBT AND FACILITATE MADOFF AND ENRON TO NAME BUT TWOARE THE ONES GUILTY OF MOVING THE GOAL POSTS.
I'm not blaming Brown.
You are correct, no one did cause the markets to willingly bottle "Sub-Prime" poison, but no one knew they were bottling this poison. This is the point you choose to ignore.
You claim to be an experienced and an educated individual, yet you tie yourself up in knots made out of pure biased nonsense.
But the exact opposite is true. You seek to defend Brown with the same Strawman and are not prepared to question either your logic or your motives. I do not claim to be educated, I once was, only that some here, such as yourself clearly resist such.

I seek to get beyond the propaganda, insinuated lies and hyperbole that usually permeates the posts of the most biased.

I have asked the question which is still unanswered, "name one individual who, before 2007, revealed the truth about the toxic debts from the US being slipped into the international financial markets"?
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C-too
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Malum Unus
Nov 12 2015, 10:32 AM
You cannot debate with C-too, he literally cannot see the evidence so far presented and just keeps continuously shifting the goalposts to make sure that no-one can ever answer the question.

It's like trying to show a fundamentalist christian evidence of evolution, they simply can't see it... Because of the inherent corruption of their logic and reasoning structures they cannot comprehend how something like that could work. Same problem with C-too, he literally cannot comprehend that there were numerous people who predicted (and many of said people made a lot of money out of) all the financial skullduggery.
You are a coward, hiding behind a computer screen and telling lies about me. Shame on you.
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RJD
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Malum Unus
Nov 12 2015, 10:32 AM
You cannot debate with C-too, he literally cannot see the evidence so far presented and just keeps continuously shifting the goalposts to make sure that no-one can ever answer the question.

It's like trying to show a fundamentalist christian evidence of evolution, they simply can't see it... Because of the inherent corruption of their logic and reasoning structures they cannot comprehend how something like that could work. Same problem with C-too, he literally cannot comprehend that there were numerous people who predicted (and many of said people made a lot of money out of) all the financial skullduggery.
I know, but he is polite and I have a lot of patience. I just hope the spark will flash and he will understand the obvious, one day, before I pop my clogs.

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RJD
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C-too
Nov 12 2015, 04:39 PM
RJD
Nov 12 2015, 09:49 AM
C-too
Nov 11 2015, 12:55 PM

Quoting limited to 3 levels deepAND IN THE CITY OF LONDON, WHICH WAS MORE THAN HAPPY TO TRADE TOXIC DEBT AND FACILITATE MADOFF AND ENRON TO NAME BUT TWOARE THE ONES GUILTY OF MOVING THE GOAL POSTS.
But the exact opposite is true. You seek to defend Brown with the same Strawman and are not prepared to question either your logic or your motives. I do not claim to be educated, I once was, only that some here, such as yourself clearly resist such.

I seek to get beyond the propaganda, insinuated lies and hyperbole that usually permeates the posts of the most biased.

I have asked the question which is still unanswered, "name one individual who, before 2007, revealed the truth about the toxic debts from the US being slipped into the international financial markets"?
Trouble is C2 you delude yourself and it is bloody obvious that Brown is/was culpable. Why you have decided you are obliged to defend a Politician is beyond understanding unless he is a family member of yours. If he is not, then give up on him and let the Historians have their day. He is yesterday's man and very much yesterday's news. Forget him as your obsession makes you look foolish. Best you attack Cameron as he is the here and now and worthy of a regular pelting. But make sure your balls are not cooked in the Red Nag.









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C-too
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RJD
Nov 12 2015, 04:54 PM
Malum Unus
Nov 12 2015, 10:32 AM
You cannot debate with C-too, he literally cannot see the evidence so far presented and just keeps continuously shifting the goalposts to make sure that no-one can ever answer the question.

It's like trying to show a fundamentalist christian evidence of evolution, they simply can't see it... Because of the inherent corruption of their logic and reasoning structures they cannot comprehend how something like that could work. Same problem with C-too, he literally cannot comprehend that there were numerous people who predicted (and many of said people made a lot of money out of) all the financial skullduggery.
I know, but he is polite and I have a lot of patience. I just hope the spark will flash and he will understand the obvious, one day, before I pop my clogs.

I have read the belated "warnings" and the "opinions", and not one of them has addressed the level of damage done to the Banks in terms of how that damage affected and weakened both the Banks and the economy.

The writing off of £billions was down to the toxic debts in the financial markets, it was not down to failed mortgages in this country. To my knowledge most debts and mortgages continued to be repaid.
Any failed mortgages would see the house repossessed and resold so that the original loan was covered.
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C-too
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RJD
Nov 12 2015, 04:59 PM
C-too
Nov 12 2015, 04:39 PM
RJD
Nov 12 2015, 09:49 AM

Quoting limited to 3 levels deepAND IN THE CITY OF LONDON, WHICH WAS MORE THAN HAPPY TO TRADE TOXIC DEBT AND FACILITATE MADOFF AND ENRON TO NAME BUT TWOARE THE ONES GUILTY OF MOVING THE GOAL POSTS.
I seek to get beyond the propaganda, insinuated lies and hyperbole that usually permeates the posts of the most biased.

I have asked the question which is still unanswered, "name one individual who, before 2007, revealed the truth about the toxic debts from the US being slipped into the international financial markets"?
Trouble is C2 you delude yourself and it is bloody obvious that Brown is/was culpable. Why you have decided you are obliged to defend a Politician is beyond understanding unless he is a family member of yours. If he is not, then give up on him and let the Historians have their day. He is yesterday's man and very much yesterday's news. Forget him as your obsession makes you look foolish. Best you attack Cameron as he is the here and now and worthy of a regular pelting. But make sure your balls are not cooked in the Red Nag.
I have never claimed that Brown played no part in the problem.
A point I have made many times to you, but as you are the master of the Strawman posts, it won't matter how many times I say it, will it ?



Edited by C-too, Nov 12 2015, 05:12 PM.
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RJD
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C-too
Nov 12 2015, 05:12 PM
RJD
Nov 12 2015, 04:59 PM
C-too
Nov 12 2015, 04:39 PM

Quoting limited to 3 levels deepAND IN THE CITY OF LONDON, WHICH WAS MORE THAN HAPPY TO TRADE TOXIC DEBT AND FACILITATE MADOFF AND ENRON TO NAME BUT TWOARE THE ONES GUILTY OF MOVING THE GOAL POSTS.
Trouble is C2 you delude yourself and it is bloody obvious that Brown is/was culpable. Why you have decided you are obliged to defend a Politician is beyond understanding unless he is a family member of yours. If he is not, then give up on him and let the Historians have their day. He is yesterday's man and very much yesterday's news. Forget him as your obsession makes you look foolish. Best you attack Cameron as he is the here and now and worthy of a regular pelting. But make sure your balls are not cooked in the Red Nag.
I have never claimed that Brown played no part in the problem.
A point I have made many times to you, but as you are the master of the Strawman posts, it won't matter how many times I say it, will it ?



Even with that post you continue with the self delusion. For goodness sake C2 wake up, before we send for a Medic.
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Affa
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C-too
Nov 12 2015, 05:08 PM


The writing off of £billions was down to the toxic debts in the financial markets, it was not down to failed mortgages in this country. To my knowledge most debts and mortgages continued to be repaid.
Any failed mortgages would see the house repossessed and resold so that the original loan was covered.
http://www.parliament.uk/briefing-papers/sn00263.pdf

Contains a chart representing the number of UK repossessions.
As of last year the level is now at just above 2007 figures. 28,900 last year,
In respect of the rules I am obliged to make a comment ........ C-too is justified!

Edited by Affa, Nov 12 2015, 08:42 PM.
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Affa
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I preferred 'genius' but then sarcasm amuses me more than insults do.

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skwirked
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Only RJD is saying the Tories have fixed the BS, Steve and I continue to argue over stress tests but no one else is saying the Tories have got it right, they are a LOT worse.

I fancied a change re the thread title. :)
Edited by skwirked, Nov 12 2015, 08:46 PM.
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Steve K
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Affa
Nov 12 2015, 08:39 PM
C-too
Nov 12 2015, 05:08 PM


The writing off of £billions was down to the toxic debts in the financial markets, it was not down to failed mortgages in this country. To my knowledge most debts and mortgages continued to be repaid.
Any failed mortgages would see the house repossessed and resold so that the original loan was covered.
http://www.parliament.uk/briefing-papers/sn00263.pdf

Contains a chart representing the number of UK repossessions.
As of last year the level is now at just above 2007 figures. 28,900 last year,


:nono: That report is so 2010 data

Try Figure 1 of this 2015 equivalent report

Claims for and actual repossessions have fallen massively

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Affa
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Steve K
Nov 12 2015, 11:06 PM
Affa
Nov 12 2015, 08:39 PM
C-too
Nov 12 2015, 05:08 PM


The writing off of £billions was down to the toxic debts in the financial markets, it was not down to failed mortgages in this country. To my knowledge most debts and mortgages continued to be repaid.
Any failed mortgages would see the house repossessed and resold so that the original loan was covered.
http://www.parliament.uk/briefing-papers/sn00263.pdf

Contains a chart representing the number of UK repossessions.
As of last year the level is now at just above 2007 figures. 28,900 last year,


:nono: That report is so 2010 data

Try Figure 1 of this 2015 equivalent report

Claims for and actual repossessions have fallen massively


They concur and massively is an exaggeration in relative terms when you see what I see and that this crisis caused far less repossessions than did the minor recession a decade earlier ........ which is the point made by C-too.
'It Wasn't Mortgage Defaults that Broke the Banks'.

Stop the idiocy, please.

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Steve K
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Stop the ad homs, please

This is the figure 1 I referred to. You did actually look at the link provided before launching off so didn't you?

Even an idiot can see there is a massive reduction, just like I said. Why can't you see it?

Posted Image
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skwirked
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-
Edited by skwirked, Nov 13 2015, 12:36 AM.
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Affa
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Steve K
Nov 13 2015, 12:01 AM
Stop the ad homs, please

This is the figure 1 I referred to. You did actually look at the link provided before launching off so didn't you?

Even an idiot can see there is a massive reduction, just like I said. Why can't you see it?


see page 3
The point of the chart above is to prove that it was not mortgage defaults that brought the bankers to their knees ......... an intelligent person would have seen that. It shows that there have been far worse periods where the banks survived unscathed ...... or relatively unharmed.

I had believed you to be intelligent, so urged you to utilise your abilities and (now I add) stop posting party political nonsense.

Edited by Affa, Nov 13 2015, 12:31 AM.
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skwirked
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Edited by skwirked, Nov 13 2015, 12:36 AM.
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Affa
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skwirked
Nov 13 2015, 12:29 AM
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--
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Rich
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What is the idea of all these blank posts, are the apologists lost for words.?
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Affa
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Rich
Nov 13 2015, 01:04 AM
What is the idea of all these blank posts, are the apologists lost for words.?
apologists only require one word, 'sorry'. You'll not find it any Tory dictionary.

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skwirked
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Looks like repos fell under Brown (right at the end of his tenure in no 10) just like inequality did..and the Tories get all the credit.  ::)

Typical..
Edited by skwirked, Nov 13 2015, 08:52 AM.
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Affa
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skwirked
Nov 13 2015, 08:51 AM
Looks like repos fell under Brown (right at the end of his tenure in no 10) just like inequality did..and the Tories get all the credit.  ::)

Typical..

There is no party political content/intent in declaring that 'it was not mortgage defaults that caused the financial meltdown'.
Edited by Affa, Nov 13 2015, 09:02 AM.
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skwirked
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No one appears to have said that that was the case, unless I have missed a post. It certainly isn't my view.
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Affa
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skwirked
Nov 13 2015, 09:04 AM
No one appears to have said that that was the case, unless I have missed a post. It certainly isn't my view.

Well; I put up a link that shows over three decades of Mortgage repossessions, usually spiking in times of recession, and establish that this last one was comparatively mild in that regard.

For some reason Steve found another chart that only has this last recession on it (they concur) and states there has been a 'massive' reduction in recent years -
nb that I had referred to the latest information and posted the 2014 figures as published.
So what was Steve's point in first looking for another chart, and then making this 'massive' comment when I had given the latest figures?
He was implying that things are better now ....... so bloody what? they always get better after a recession.

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Steve K
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Affa
Nov 13 2015, 09:28 AM
skwirked
Nov 13 2015, 09:04 AM
No one appears to have said that that was the case, unless I have missed a post. It certainly isn't my view.

Well; I put up a link that shows over three decades of Mortgage repossessions, usually spiking in times of recession, and establish that this last one was comparatively mild in that regard.

For some reason Steve found another chart that only has this last recession on it (they concur) and states there has been a 'massive' reduction in recent years -
nb that I had referred to the latest information and posted the 2014 figures as published.
So what was Steve's point in first looking for another chart, and then making this 'massive' comment when I had given the latest figures?
He was implying that things are better now ....... so bloody what? they always get better after a recession.

Actually what happened is somebody posted a 2011 document with 2010 data and claimed it evidenced a 2015 position that they alleged showed things were bad.

I don't really care for such disingenuity contaminating a debate site so found and posted the true facts.

Perhaps you should have considered that possibility before launching on a series of actual and barely hidden ad homs.  ::)
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RJD
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skwirked
Nov 12 2015, 08:45 PM
Only RJD is saying the Tories have fixed the BS, Steve and I continue to argue over stress tests but no one else is saying the Tories have got it right, they are a LOT worse.

I fancied a change re the thread title. :)
Never said such. You are spinning. I said the alternatives will be much worse.

As for Bank Stress Tests did you not follow the recent coordinated one between the USA and UK?

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Affa
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Steve K
Nov 13 2015, 01:32 PM
Affa
Nov 13 2015, 09:28 AM
skwirked
Nov 13 2015, 09:04 AM
No one appears to have said that that was the case, unless I have missed a post. It certainly isn't my view.

Well; I put up a link that shows over three decades of Mortgage repossessions, usually spiking in times of recession, and establish that this last one was comparatively mild in that regard.

For some reason Steve found another chart that only has this last recession on it (they concur) and states there has been a 'massive' reduction in recent years -
nb that I had referred to the latest information and posted the 2014 figures as published.
So what was Steve's point in first looking for another chart, and then making this 'massive' comment when I had given the latest figures?
He was implying that things are better now ....... so bloody what? they always get better after a recession.

Actually what happened is somebody posted a 2011 document with 2010 data and claimed it evidenced a 2015 position that they alleged showed things were bad.

I don't really care for such disingenuity contaminating a debate site so found and posted the true facts.

Perhaps you should have considered that possibility before launching on a series of actual and barely hidden ad homs.  ::)

no ad-homs there ....... I was responding to and explaining why I had viewed the comments my post attracted as party political nonsense.

The whole exercise was to assert that the troubles the bankers got into and brought upon us was their own doing. No party politics involved!





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skwirked
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Well on that we can agree. ^

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Affa
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skwirked
Nov 13 2015, 07:19 PM
Well on that we can agree. ^

Then you show more objectivity than this contribution demonstrates >
Quote:
 
Actually what happened is somebody posted a 2011 document with 2010 data and claimed it evidenced a 2015 position that they alleged showed things were bad
.

I haven't a clue what it is on about. Perhaps what appears on the poster's screen is different to what I witness ..... or they made the allegations up. They cannot under any pretext be related to anything i posted, or any post I read.

Edited by Affa, Nov 13 2015, 11:48 PM.
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skwirked
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I think there is some confusion here, I take it Steve referred to:

"
As of last year the level is now at just above 2007 figures. 28,900 last year,
"

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/341771/201408a_Table_1300.xls

Not 2014 data but still as you say above 2007 levels at. 2013.
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Affa
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skwirked
Nov 13 2015, 11:59 PM
I think there is some confusion here, I take it Steve referred to:

"
As of last year the level is now at just above 2007 figures. 28,900 last year,
"

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/341771/201408a_Table_1300.xls

Not 2014 data but still as you say above 2007 levels at. 2013.
Thanks Skwrk, for the correction ....... my only intention in posting that figure was as an update (Steve later bemoaned that the link was out of date - not that it should have mattered as all I was showing was how FEW repossessions this crisis caused - relative to past recessions) ....... I apparently took the date of the article (2014) as the latest record.
I still don't see any ambiguity in what I posted ..... perhaps readers read what they think I mean and not what I post.

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skwirked
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http://www.independent.co.uk/news/uk/politics/george-osbornes-economic-competence-rating-falls-sharply-after-tax-credit-cuts-debacle-a6754716.html

George Osborne's economic competence rating falls sharply after tax credit cuts debacle

44% say he's doing a bad job now. Yes moan about McDonnell all you like but Giddy is an incompetent botching 'builder'.
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Lewis
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Yes incompetence is just about the only thing Giddy is good at.
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skwirked
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Lewis
Dec 1 2015, 07:34 AM
Yes incompetence is just about the only thing Giddy is good at.
He's also good at pretending to be a builder.

http://www.google.com/uk+cabinet+net+worth

Nope having money is fine, being a nasty elitist etonian twat who hurts the poorest is not ok.



No.3 George Osborne- £4.3 Million
Shadow Chancellor
HIS dad Sir Peter co-founded luxury wallpaper and fabrics company Osborne & Little. George has a trust of 15 per cent and stands to inherit a substantial share.

In 2003, when the firm delisted from the London Stock Exchange, it was valued at £12.9m.

George and wife Frances have a home in London's Notting Hill worth around £1.8m and a constituency property (£500k). Her father is life peer Howell of Guildford, a former Minister in Margaret Thatcher's cabinet.

http://www.sunray22b.net/tory_rich_list.htm

Old link. He's almost certainly worth far far more now and has loads of wealth and assets. Again I don't envy him; he is an evil cnut.
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Steve K
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Lewis
Dec 1 2015, 07:34 AM
Yes incompetence is just about the only thing Giddy is good at.
Well seems he's brilliant at off the cuff one liners

"Oh look it's his own personal copy" ;D
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skwirked
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That did make me smile.
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Stonefish
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The fact is both left and right have made spectacular cock ups over the years,certainly for as long as I can remember.for every jibe levelled at the left,there is a perfectly valid one that can be aimed at the right.


However as it stands,in the last 15 years or so ,Labour, although unlucky to have been in power when the world wide recession hit,clearly mismanaged the economy and took us into some very questionable wars. That is why the Tories got back in to power. I am no fan of the Tories ,but if I had to choose between the lesser of two evils currently,i'd have to choose them,and Corbyns election just widened that gap immensely.
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johnofgwent
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It .. It is GREEN !!
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disgruntled porker
Nov 7 2015, 08:54 AM
I aspire to a Bentley Continental
they're over-rated

i'll have the aston martin any day. the vantage fits nidely on my driveway too.
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Steve K
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skwirked
Nov 7 2015, 01:33 AM

Giddy are you ok, are you ok Giddy
(Well as this thread has wandered way off topic) I figure it's OK to ask now

Was the thread title deliberately a clever take on that line from Smooth Criminal?

If so worthy:

If not please ignore this post, nothing to see here, move along now.
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skwirked
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Yes Steve well spotted mate. ;D
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