Brexit, for once some facts.

[anotherkiwi]

French University inscription fees:

http://www.enseignementsup-recherche.gouv.fr/cid20195/droits-scolarite.html

This covers health insurance as well as tuition fees. You don't pay them if you have a bursary. Foreign students (non EU) have to pass tests, including French language, before being admitted and will have to pay for health insurance if there is no agreement between their country and France.

Pretty far from the thousands of GBP I read are needed to study in the UK.

 

[KTM Bike Industries UK]

she would be gone before the next GE.
There is nothing to stop the tories nicking labour's idea how to do all of this.
1. tuition fee: we know that a lot of students can't and won't pay it back, we simply re-nationalise the student loan company
2. re-nationalise water, power, post office and rail: the way Labour will do this is intelligent, these companies will issue government backed bonds at fixed interest, pensioners and insurance companies will queue up to buy them. I'll buy some of those bonds myself.
None of this can be done without getting out of the EU.

You can say it as many times as you like... you're just wrong.

It can be done within the EU.

and regarding the Student Loans.

You need to adjust your thinking...

A quick note on why the amount of student loan debt is mostly irrelevant - that EVERYONE should read - please share.

Scenario 1: Student debt £20,000. Your earnings £31,000. As you repay 9% of everything above £21,000 your annual repayment is £900.

Scenario 2: Student debt £50,000. Your earnings £31,000. As you repay 9% of everything above £21,000 your annual repayment is £900.

Scenario 3: Student debt £1 billion. Your earnings £31,000. As you repay 9% of everything above £21,000 your annual repayment is £900.

Repayments stop after 30 years regardless. So the only difference the amount you borrow makes is whether you will clear the debt within those 30 years. All but the very highest earners won't - so unless you're on a big salary the amount you borrow is irrelevant.

Similar is true for the interest - if you won't clear what you borrow (plus interest) within the 30 years, the rate is often irrelevant.

This isn't saying things are cheap or even fair, just that it doesn't work the way most assume. Many should ignore the amount borrowed and interest added and just see this as a 9% higher tax rate above £21,000 that's paid for 30 years.

This is why I believe 'student loans' is a misnomer - elsewhere similar schemes are called a 'graduate contribution' system. We should too.

It'd stop people being scared off uni for the wrong reasons and it'd stop forcing our young people to get a 'loan' that then makes them more likely to get other worse types of loan.

PLEASE SHARE.

(This is based on Eng Uni starters after 2012 - for earlier cohorts and other UK nations it differs. Full info via my 20 student loan mythbusters guide http://www.moneysavingexpert.com/…/student-loans-tuition-fe…)

 

[shemozzle999]

Yes in London a comfortable 17% gap in favour of remain when all included, but even the rest of the country has reversed the referendum with a full 4% advantage for remain. An 8% swing is substantial.

There's clear signs that fear is setting in as the problems are beginning to be exposed, and that can only increase.
.

So no vote change at all in London since the referendum:

http://www.bbc.co.uk/news/uk-politics-36616028

 

[flecc]

So no vote change at all in London since the referendum:

http://www.bbc.co.uk/news/uk-politics-36616028

Agreed, once again it reflects the duality of London since the Tories gerrymandered it by expanding Greater London to include staunch Tory fringes in the Home Counties. A mismatch if ever there was one.
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[oldtom]

Why is the UK in a mess? It is entirely because stupid people vote for nasty, inbred, upper-class twats like this:




Here are some other examples of his voting record:



Tom

 

[shemozzle999]

Depressingly for the Brexiteers, Greece is now running in financial surplus and the whole of the EU's economy is recovering.

Just as our UK economy is on a downturn and widely agreed to get much worse.
.

Depressingly for Greeks they have been issued 3rd credit card to pay off the interest on the 2nd credit card, still everything is rosey apparently apart from a few strings that are attached to the deal - "if Greece makes significant progress" - now where have I heard that phrase before:

http://www.newsmax.com/World/Europe/EU-Greece-Bailout/2017/07/07/id/800375/

 

[flecc]

Depressingly for Greeks they have been issued 3rd credit card to pay off the interest on the 2nd credit card, still everything is rosey apparently apart from a few strings that are attached to the deal - "if Greece makes significant progress" - now where have I heard that phase before:

http://www.newsmax.com/World/Europe/EU-Greece-Bailout/2017/07/07/id/800375/

That isn't a new problem, just a long agreed loan. The fact is that their austerity program has put Greece into surplus on the current account, meaning they now have money to pay back against the loans. That's a big improvement on their former deficit situation.

Meanwhile we remain in deficit and likely to worsen for some while.
.

 

[shemozzle999]

That isn't a new problem, just a long agreed loan. The fact is that their austerity program has put Greece into surplus on the current account, meaning they now have money to pay back against the loans. That's a big improvement on their former deficit situation.

Meanwhile we remain in deficit and likely to worsen for some while.
.

What is a Primary Surplus (Deficit)?

Countries' primary surplus (deficit) refers to the component of the fiscal surplus (deficit) that is comprised of current government spending less current income from taxes, and excludes interest paid on government debt. If a country has larger levels of income relative to current spending, it is said to have a primary surplus; if a country has larger levels of current spending relative to income, it is said to have a primary deficit.

 

[flecc]

What is a Primary Surplus (Deficit)?

Countries' primary surplus (deficit) refers to the component of the fiscal surplus (deficit) that is comprised of current government spending less current income from taxes, and excludes interest paid on government debt. If a country has larger levels of income relative to current spending, it is said to have a primary surplus; if a country has larger levels of current spending relative to income, it is said to have a primary deficit.

Yes, that's it exactly, a surplus from the current account to pay back loans. It's not much and they've a very long way to go, but it's better than us with no surplus, spending more than our income. And only today it was announced that worsened.
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[Kudoscycles]

Why is the UK in a mess? It is entirely because stupid people vote for nasty, inbred, upper-class twats like this:

View attachment 20074
View attachment 20076

Here are some other examples of his voting record:

View attachment 20077

Tom

Charity begins at home,to be precise the wife's home.
Rees-Mogg's wife was granted £7.6 million to do up her family pile,namely Wentworth Woodhouse,it's not exactly the shed at the end of the garden!
The South Yorkshire pile fell into ill-repair after the Labour government post nationalisation allowed coal mining in the gardens.
Hammond made a special reference to it in his budget speech,not sure if that was indicating his generosity or winding us all up.
It's ironic that the Rees- Mogg family made their money out of mining.
He said on this weeks question time that he didn't take his allowable ministerial expenses,but obviously forgot about the £7.6 million.
KudosDave

 

[Kudoscycles]

Why is the UK in a mess? It is entirely because stupid people vote for nasty, inbred, upper-class twats like this:

View attachment 20074
View attachment 20076

Here are some other examples of his voting record:

View attachment 20077

Tom

In other words he's a right git.
And he is typical of the right wing wealthy dinosaurs who are the motive power behind Brexit in the Tory party. The epitome of a selfish upper class twat.
KudosDave

 

[oldgroaner]

Why is the UK in a mess? It is entirely because stupid people vote for nasty, inbred, upper-class twats like this:

View attachment 20074
View attachment 20076

Here are some other examples of his voting record:

View attachment 20077

Tom

Tom your infographic reminded me of where I had seen someone resembling Rees Mogg before, and that had the same attitude to the rest of the Human Race, and in fact to trade after Brexit
Not only that it depicts the jolly atmosphere within the ranks of those who imagine they were born to rule

You can easily pick out an equivalent for the "Other Fella" from the squalid ranks of the Tory Party
Gove would be my choice.

 

[oldgroaner]

From the Telegraph this morning
"
Donald Trump and Vladimir Putin hold 'robust and lengthy' exchange over Russian interference in US election

How long does it take to say "Thanks?"

 

[oldgroaner]

From the Independent
Well I never! Hammond has been airing what is an obvious truth.

That's not Cricket!
"
Brexit: Free trade deals will have limited benefits for UK, warns Philip Hammond
‘Much of our trade with the world is service trade, where free trade agreements won’t make any particular difference,’ says Chancellor
Philip Hammond has said the global trade deals promised by Theresa May after Brexit will make a limited difference to the British economy, exposing cabinet splits over the European Union.

Speaking at the G20 in Hamburg yesterday, Mr Hammond said the deals touted by Brexiteers as the answer to any hit from EU withdrawal “won’t make any particular difference” to the unusually large portion of Britain’s exports that come from services rather than physical goods."

Not really news, but not normally accepted either!

 

[oldtom]

The SDP supporter who became a laughable demo-rat then discovered a better opportunity for self-aggrandisement by pretending to be a Labour Party activist but before standing as an MP, was given a job as a policy adviser at Labour HQ tells all to 'The Guardian'.

This 'Blairite', who has never represented any constituency as an MP, now sits in the HofL, a part of the establishment that rules over us. Who is this person?

I give you Lord Adonis, a man who would like you to believe that he never thought tuition fees would become the millstone that they now are for young people trying to make their way in the world.

This is the 'Guardian' piece:

tuition-fees-scrapped-debts-graduates-andrew-adonis

Tom

 

[oldgroaner]

The SDP supporter who became a laughable demo-rat then discovered a better opportunity for self-aggrandisement by pretending to be a Labour Party activist but before standing as an MP, was given a job as a policy adviser at Labour HQ tells all to 'The Guardian'.

This 'Blairite', who has never represented any constituency as an MP, now sits in the HofL, a part of the establishment that rules over us. Who is this person?

I give you Lord Adonis, a man who would like you to believe that he never thought tuition fees would become the millstone that they now are for young people trying to make their way in the world.

This is the 'Guardian' piece:

tuition-fees-scrapped-debts-graduates-andrew-adonis

Tom

This man's motto is obviously this
"It wasn't me................but I won't do it again!
Any nation that believes it can't afford to pay for a Health Service and Free Education can't expect to have a Future worthy of the name.
Both should be based on Universal freedom from the need to turn a profit.

 

[Woosh]

Well I never! Hammond has been airing what is an obvious truth.

no, it's not the obvious truth.
40% of our export are services, 60% are goods. Trade in goods are just as important, if not more so.
Even if we go out on WTO terms, trade with the EU27 and other countries that have FTAs with the EU won't disappear overnight. There may not be growth for a while, but the immediate effect would be very limited.
Remainers see only the negative effects of pre-brexit jitters like drop in value of the Pound, 3% inflation, 1% reduction in family income etc they should also think of some positive effects like low, stable interest rate, house price inflation is now nearly wiped out and reduced EU immigration.
Socialists should think of the effect of house prices on family income. There has never been a greater robbery in history.

 

[flecc]

40% of our export are services, 60% are goods. Trade in goods are just as important, if not more so.

But 80% of our exports to the EU are services and that is likely to be lost, judging from what has happened to others in this respect. The EU doesn't give services access to outsiders. It's that 80% we'll have to find customers for elsewhere, and the prospects for that are very poor. So as Philip Hammond says, it is very much about services in practice once we've left.

Socialists should think of the effect of house prices on family income. There has never been a greater robbery in history.

Fully agreed, and it's land prices that have played a very big part in this. I've always been wholly opposed to land ownership in any shape or form. All life on this planet has rights to all parts of the planet and how the land is used should be under democratic government control by the people. Land should only be leased for use, with return on the lease expiry and no trading permitted with regard to its possession or use.

Personally I'd nationalise all the land of the United Kingdom without a penny of compensation, since the land was stolen from the people in the first instance.

Then we could return to the sanity of building cost only.
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[Woosh]

But 80% of our exports to the EU are services and that is likely to be lost, judging from what has happened to others in this respect. The EU doesn't give services access to outsiders. It's that 80% we'll have to find customers for elsewhere, and the prospects for that are very poor. So as Philip Hammond says, it is very much about services in practice once we've left.

I don't think it is going to be as bad as remainers fear.
All what we have to do is to set up EU offices. Inland Revenue may lose a chunk on its CT tax take while some deals being thrashed out but again, the effect is limited.

 

[Kudoscycles]

But 80% of our exports to the EU are services and that is likely to be lost, judging from what has happened to others in this respect. The EU doesn't give services access to outsiders. It's that 80% we'll have to find customers for elsewhere, and the prospects for that are very poor. So as Philip Hammond says, it is very much about services in practice once we've left.



Fully agreed, and it's land prices that have played a very big part in this. I've always been wholly opposed to land ownership in any shape or form. All life on this planet has rights to all parts of the planet and how the land is used should be under democratic government control by the people. Land should only be leased for use, with return on the lease expiry and no trading permitted with regard to its possession or use.

Personally I'd nationalise all the land of the United Kingdom without a penny of compensation, since the land was stolen from the people in the first instance.

Then we could return to the sanity of building cost only.
.

But all land in China has to be returned to government ownership after 70 years,it hasn't prevented a massive property bubble,especially in the bigger cities.
Not sure what happens after 70 years.
KudosDave