For a moment, I thought you were into some kinky relaxation techniques, there... -- Platypus - Faster Than Champ VN800 Drifter, R80RT, Z200 DIAABTCOD#2 GPOTHUF#19 BOTAFOS#6 BOTAFOT#89 FTB#11 BOB#1 SBS#35 ANORAK#18 TWA#15
steve auvache said.... Wise, wise words from the old man this time. -- Lozzo ZZR1100D, GPZ500S, CB250RS x3 BOTAFOT#57/70a, BOTAFOF#57, two#49, MIB#22, TCP#7, BONY#9, ANORAK#9, DIAABTCOD#14, UKRMT5BB, IBW#013, MIRTTH#15a/16, BotToS#8, GP#2, SBS#10, SH#3, DFV#14, KoBV#3. Url for ukrm newbies : http://www.ukrm.net/faq/ukrmscbt.html http://www.glfuk.com/ for MJK Leathers in the UK.
You mean like council houses? There are many specialised investment companies out there. With "experts", who get well paid. What makes you think that the gubmint would make anything other than a complete Horlicks of the whole thing?
Lozzo wrote and not a single comment about spelling or punctuation from anybody. I am doing well. I'll be over it tomorrow don't worry.
steve auvache said.... Let's hope so, eh? Grab a cup of Horlicks and get yourself back to bed now. -- Lozzo ZZR1100D, GPZ500S, CB250RS x3 BOTAFOT#57/70a, BOTAFOF#57, two#49, MIB#22, TCP#7, BONY#9, ANORAK#9, DIAABTCOD#14, UKRMT5BB, IBW#013, MIRTTH#15a/16, BotToS#8, GP#2, SBS#10, SH#3, DFV#14, KoBV#3. Url for ukrm newbies : http://www.ukrm.net/faq/ukrmscbt.html http://www.glfuk.com/ for MJK Leathers in the UK.
You misunderstand, why can't HMG act like a private investor, raising some extra tax revenue, investing it in the open markets and eventually having enough income to fund serious stuff?
Lozzo wrote I *HATE* that stuff. Like some people hate marmite that is me and Horlicks that is. It is utterly fucking revolting. My mum used to feed it to me to help build me up because I was small. I used to give it to the chickens.
If it was *that* easy, they could simply issue £5bn of 25 year debt, and plunge into open market. Cashflow issues aside, they'd have to run the gauntlet of public opinion that maybe, just maybe, it's not the gubmint's job to *make* money. If they prove successful, and return an investment on their debt, why spend the windfall on public projects? Why not invest the money just a bit longer? What do they do when said investment market falls through the floor? What about when the debt is due for repayment? Issue more? Doesn't public spending fill this niche, anyway, through Defence, NHS, et al? Finally, what is "serious stuff"?
They'd be absolutely crap at it, and lose gazillions. For example, the time we dropped out of the ERM after the hapless Lamont had given about ten billion quid to George Soros. -- Platypus - Faster Than Champ VN800 Drifter, R80RT, Z200 DIAABTCOD#2 GPOTHUF#19 BOTAFOS#6 BOTAFOT#89 FTB#11 BOB#1 SBS#35 ANORAK#18 TWA#15
Land, commercial land and commercial property. BTW there is a bloke on the BMW club website selling an RS fairing for an R80....
Argh. You ****. Phew, too expensive. There's also a guy asking £1100 for an R45... -- Platypus - Faster Than Champ VN800 Drifter, R80RT, Z200 DIAABTCOD#2 GPOTHUF#19 BOTAFOS#6 BOTAFOT#89 FTB#11 BOB#1 SBS#35 ANORAK#18 TWA#15
Platy, We've got a new lad at the shop who's shit hot on BMWs. Give me a call if you want something. He's been a grease monkey in the BM business for yonks His last internship was at Hughenden. Talks like a wanker but knows his stuff. If you don't know how to cont me, SteveH will tell you. I'll give you his dn. -- Vince. ZX9R, CBR250 Ex-SKoGA#3, YTC#13 BONY#47, SBS#22, BOTAFOF#26, BOTAFOT#102, MRO#23. MIRTTH#19 "Vince: more repulsive than Ginge"
Er, could you ask him if he can lay his hands on a pair of 40mm Bing or Dellorto carbs for a Boxer please?
Talks like a wanker? His name's not "Hog" by any chance? ATM all it needs is an oil change (and a few other bits) and exercising. But I'll bear it in mind, ta. -- Platypus - Faster Than Champ VN800 Drifter, R80RT, Z200 DIAABTCOD#2 GPOTHUF#19 BOTAFOS#6 BOTAFOT#89 FTB#11 BOB#1 SBS#35 ANORAK#18 TWA#15
Some what? Given how weird the two of you are, it's worth a pop -- Vince. ZX9R, CBR250 Ex-SKoGA#3, YTC#13 BONY#47, SBS#22, BOTAFOF#26, BOTAFOT#102, MRO#23. MIRTTH#19 "Vince: more repulsive than Ginge"
Hog was seen penning the following ode to ... whatever: There are several (mostly economic) issues with this: - In order to generate the required amount of income, the size of the investment would cause a serious distortion of the market. Housing aside, you'd be hard pressed to find an investment that returns more than 6-8% on a year on year basis. You can go an figure out yourself how much money would need to be invested to generate a useful amount of income - you're suddenly talking about investing several billions (btw, where are they going to come from as borrowing them doesn't work[1]) - Investment in, say, housing of the non-social variety would put the government into competition with a lot of private companies, but as the gubmit can borrow money more easily (iow cheaper) there's a good chance that they'd be driving private companies out of the market. Not a brilliant idea, that. - Think about who's going to fund their losses. [1] Although governments can usually borrow money at preferential rates, this would raise the required ROI to a level that would rule out any but the riskiest investments. But if you're after income, you _cannot_ per definition afford this level of risk, as you don't want to go a-speculating with your money.
