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	<title>Comments on: We need a better recovery plan</title>
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	<description>Incisive and topical campaigns and commentary on today&#039;s issues and tomorrow&#039;s problems</description>
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		<title>By: How to Get Six Pack</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7198</link>
		<dc:creator>How to Get Six Pack</dc:creator>
		<pubDate>Wed, 15 Apr 2009 18:11:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7198</guid>
		<description>The style of writing is very familiar  . Did you write guest posts for other bloggers? </description>
		<content:encoded><![CDATA[<p>The style of writing is very familiar  . Did you write guest posts for other bloggers? </p>
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		<title>By: Tuinmeubels</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7197</link>
		<dc:creator>Tuinmeubels</dc:creator>
		<pubDate>Sun, 29 Mar 2009 13:56:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7197</guid>
		<description>I have a simple thing to say about this that why don&#8217;t the local councils get involved in staying repossessions by a shared ownership scheme which would allow people to stay in their homes,this could steady the housing market and free up some of the capital for banks and building societies.Raising the VAT limit for small businesses to &#163;100,000 would help them,surely this would be a start. </description>
		<content:encoded><![CDATA[<p>I have a simple thing to say about this that why don&rsquo;t the local councils get involved in staying repossessions by a shared ownership scheme which would allow people to stay in their homes,this could steady the housing market and free up some of the capital for banks and building societies.Raising the VAT limit for small businesses to &pound;100,000 would help them,surely this would be a start. </p>
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		<title>By: Adrian Peirson</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7196</link>
		<dc:creator>Adrian Peirson</dc:creator>
		<pubDate>Tue, 21 Oct 2008 13:40:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7196</guid>
		<description>Climate change, and CO2 Emmisions, Congestion charging, like we can solve those with mass immigration. 
We are being packed in like sardines and fleeced like sheep. 
If we need so many, why has Westminster presided over the Abortion of 6 Million British babies, what exactly is the purpose of having &#039;advice&#039; clinics in every town and what is the ultimate purpose of this advice.. 
and why is Dawn Primorolo suggesting we should sterilise British Schoolgirls, Just exactly what are the Communists in our Establishment up to, ( he asked, as if it wasn&#039;t self explanatory ) 
 
 
Primorolo, Sterilise British Schhoolgirls  &lt;a href=&quot;http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=514542&amp;in_page_id=1770&quot; rel=&quot;nofollow&quot;&gt;http://www.dailymail.co.uk/pages/live/articles/ne...&lt;/a&gt; 
 
This man thinks he Knows what they are up to, and he should do.  &lt;a href=&quot;http://www.brusselsjournal.com/node/865&quot; rel=&quot;nofollow&quot;&gt;http://www.brusselsjournal.com/node/865&lt;/a&gt; </description>
		<content:encoded><![CDATA[<p>Climate change, and CO2 Emmisions, Congestion charging, like we can solve those with mass immigration.<br />
We are being packed in like sardines and fleeced like sheep.<br />
If we need so many, why has Westminster presided over the Abortion of 6 Million British babies, what exactly is the purpose of having &#039;advice&#039; clinics in every town and what is the ultimate purpose of this advice..<br />
and why is Dawn Primorolo suggesting we should sterilise British Schoolgirls, Just exactly what are the Communists in our Establishment up to, ( he asked, as if it wasn&#039;t self explanatory ) </p>
<p>Primorolo, Sterilise British Schhoolgirls  <a href="http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=514542&amp;in_page_id=1770" rel="nofollow"></a><a href="http://www.dailymail.co.uk/pages/live/articles/ne" rel="nofollow">http://www.dailymail.co.uk/pages/live/articles/ne</a>&#8230; </p>
<p>This man thinks he Knows what they are up to, and he should do.  <a href="http://www.brusselsjournal.com/node/865" rel="nofollow">http://www.brusselsjournal.com/node/865</a> </p>
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		<title>By: StevenL</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7195</link>
		<dc:creator>StevenL</dc:creator>
		<pubDate>Mon, 20 Oct 2008 23:18:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7195</guid>
		<description>&#039;Faling house prices will remove the legitimate asset growth of housing stocks&#039; (rugfish) 
 
Asset prices can go up and well as down.  It&#039;s even written in the small print of all these shared equity schemes the government are touting. 
 
I understand this fact, why can&#039;t homeowners.  I&#039;ve made a few bad bets this year, mainly trying to short commodity stocks on too much leverage before the bubble had actually burst. 
 
Now oil and mining stocks have come crashing back down without me I&#039;m pretty gutted, but I&#039;m not asking the government - aka the taxpayer - to give me back the money I&#039;ve lost. 
 
I guess the difference is that I didn&#039;t actually gamble any money I couldn&#039;t afford to lose.  If people have gambled their solvency on houses that&#039;s not my problem, and I don&#039;t want to spend my taxes bailing them out, they&#039;ev have to get repoessed, someone with capital can pick their house up cheap and they can go back to renting. 
 
Renting is not the end of the world, I&#039;ve been doing it for years. </description>
		<content:encoded><![CDATA[<p>&#039;Faling house prices will remove the legitimate asset growth of housing stocks&#039; (rugfish) </p>
<p>Asset prices can go up and well as down.  It&#039;s even written in the small print of all these shared equity schemes the government are touting. </p>
<p>I understand this fact, why can&#039;t homeowners.  I&#039;ve made a few bad bets this year, mainly trying to short commodity stocks on too much leverage before the bubble had actually burst. </p>
<p>Now oil and mining stocks have come crashing back down without me I&#039;m pretty gutted, but I&#039;m not asking the government &#8211; aka the taxpayer &#8211; to give me back the money I&#039;ve lost. </p>
<p>I guess the difference is that I didn&#039;t actually gamble any money I couldn&#039;t afford to lose.  If people have gambled their solvency on houses that&#039;s not my problem, and I don&#039;t want to spend my taxes bailing them out, they&#039;ev have to get repoessed, someone with capital can pick their house up cheap and they can go back to renting. </p>
<p>Renting is not the end of the world, I&#039;ve been doing it for years. </p>
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		<title>By: rugfish</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7194</link>
		<dc:creator>rugfish</dc:creator>
		<pubDate>Mon, 20 Oct 2008 04:59:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7194</guid>
		<description>Huge loans ? 
The average mortgage is under &#163;150k, that not &quot;huge&quot; by todays standards it&#039;s just &quot;unaffordable&quot; for many who are on low pay and part-time work. 
 
Leverage has bothing to do with a buyer and everything to do with some unproperly regulated wheeler dealer lenders. 
 
Faling house prices will remove the legitimate asset growth of housing stocks which will hit all homeowners and investors who invest in the housing market such as pensions. They will lose out too and the level of you future pension will be affected regardless of whether you were a home buyer yourself. You will also pay high taxes because less people will be working. 
 
I agree the government isn&#039;t the slightest bit interested but that&#039;s because they can&#039;t drag themseleves away from Milton Friedman&#039;s free economics which has not only suffered abject failure, it has taken our whole economy with it unless we take positive action to stabilise it and then attempt to revive the parts which are still able to work. 
 
Incidentally, without consumers in this country there is no chance of revival because consumerism is the lifeblood of our economy and consumers need jobs and money along with the confidence that what they buy will actually hold a certain amount of value otherwise they won&#039;t buy. 
 
In such a senario you&#039;ll have a lack of confidence in house buyers: [ Why bother to buy syndrome ], and boarded up shops and other outlets with no workers inside, a smashed buildings trade, no manufacturing base to meet demand which isn&#039;t there, and a spiral of government debt and depleting population with closures of schools and hospitals along with rubbish piling the streets as being the worst outcome. 
 
That&#039;s the future unless the government &#039;intervenes&#039;. </description>
		<content:encoded><![CDATA[<p>Huge loans ?<br />
The average mortgage is under &pound;150k, that not &quot;huge&quot; by todays standards it&#039;s just &quot;unaffordable&quot; for many who are on low pay and part-time work. </p>
<p>Leverage has bothing to do with a buyer and everything to do with some unproperly regulated wheeler dealer lenders. </p>
<p>Faling house prices will remove the legitimate asset growth of housing stocks which will hit all homeowners and investors who invest in the housing market such as pensions. They will lose out too and the level of you future pension will be affected regardless of whether you were a home buyer yourself. You will also pay high taxes because less people will be working. </p>
<p>I agree the government isn&#039;t the slightest bit interested but that&#039;s because they can&#039;t drag themseleves away from Milton Friedman&#039;s free economics which has not only suffered abject failure, it has taken our whole economy with it unless we take positive action to stabilise it and then attempt to revive the parts which are still able to work. </p>
<p>Incidentally, without consumers in this country there is no chance of revival because consumerism is the lifeblood of our economy and consumers need jobs and money along with the confidence that what they buy will actually hold a certain amount of value otherwise they won&#039;t buy. </p>
<p>In such a senario you&#039;ll have a lack of confidence in house buyers: [ Why bother to buy syndrome ], and boarded up shops and other outlets with no workers inside, a smashed buildings trade, no manufacturing base to meet demand which isn&#039;t there, and a spiral of government debt and depleting population with closures of schools and hospitals along with rubbish piling the streets as being the worst outcome. </p>
<p>That&#039;s the future unless the government &#039;intervenes&#039;. </p>
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		<title>By: Krugman v Redwood – You decide &#171; The Home of Toddism</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7193</link>
		<dc:creator>Krugman v Redwood – You decide &#171; The Home of Toddism</dc:creator>
		<pubDate>Sun, 19 Oct 2008 21:45:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7193</guid>
		<description>[...] Krugman has been very impressed by Gordon Brown’s response to the banking crisis. Redwood has not. The banking crisis is complicated. When faced with a complicated policy issue, there is a [...] </description>
		<content:encoded><![CDATA[<p>[...] Krugman has been very impressed by Gordon Brown’s response to the banking crisis. Redwood has not. The banking crisis is complicated. When faced with a complicated policy issue, there is a [...] </p>
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		<title>By: APL</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7192</link>
		<dc:creator>APL</dc:creator>
		<pubDate>Sun, 19 Oct 2008 20:31:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7192</guid>
		<description>Adrian Peirson: &quot;5 Billion NET to the EU, ..&quot; 
 
Even if we get back &#163;5b of the &#163;10b we pay, we don&#039;t get to spend it according to our needs and priorities. The EU grants that money in ways important to it, it also attaches conditions to those grants so that local authorities have less to spend than they would otherwise have, because the conditions draw funding from other areas. 
 
The EU will also spend our money in ways  which it thinks will promote the image of the EU rather in ways that would be useful to the UK. </description>
		<content:encoded><![CDATA[<p>Adrian Peirson: &quot;5 Billion NET to the EU, ..&quot; </p>
<p>Even if we get back &pound;5b of the &pound;10b we pay, we don&#039;t get to spend it according to our needs and priorities. The EU grants that money in ways important to it, it also attaches conditions to those grants so that local authorities have less to spend than they would otherwise have, because the conditions draw funding from other areas. </p>
<p>The EU will also spend our money in ways  which it thinks will promote the image of the EU rather in ways that would be useful to the UK. </p>
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		<title>By: APL</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7191</link>
		<dc:creator>APL</dc:creator>
		<pubDate>Sun, 19 Oct 2008 19:26:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7191</guid>
		<description>Obnoxio: &quot;We are ruled by the EU and cannot do anything of which they do not approve.&quot;

We could tell the EU to stuff their union, they wouldn&#039;t approve of that!

Sadly, Dave and George know* that they are little more than glove puppets, any proposals they might suggest are nothing less than a monumental stinking confidence trick, unless they are prepared to tell the EU to stuff their union.

Which they are too spineless to do.</description>
		<content:encoded><![CDATA[<p>Obnoxio: &#8220;We are ruled by the EU and cannot do anything of which they do not approve.&#8221;</p>
<p>We could tell the EU to stuff their union, they wouldn&#8217;t approve of that!</p>
<p>Sadly, Dave and George know* that they are little more than glove puppets, any proposals they might suggest are nothing less than a monumental stinking confidence trick, unless they are prepared to tell the EU to stuff their union.</p>
<p>Which they are too spineless to do.</p>
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		<title>By: mikestallard</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7190</link>
		<dc:creator>mikestallard</dc:creator>
		<pubDate>Sun, 19 Oct 2008 16:14:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7190</guid>
		<description>From the Telegraph headlines this morning it is obvious that none of the above suggestions are to be implemented.
Instead we are to have a Keynesian solution - like spending more on the insulation of houses, and the Olympic games. Even some cross London rail routes are to be looked at (again).
This will mean that the national debt will be massive. And, of course, we will have to cripple ourselves with the interest. How will we pay for it? The city will be in the same state as british Rail in the 1970s. The manufacturing section is dwindling. Our agriculture is crippled. Many, many people are on the government payroll one way and another. Taxes, meanwhile,  are bound to crash.
George Osborne went out of his way to be on the same side as the government. According to Matthew d&#039;Ancona in the Telegraph, his offer of cooperation has simply been pushed to one side.
On top of all this, Ed Miliband seems determined to implement the ridiculous climate change objectives which will cause even more disruption to our earning capacity and finally will put the lights out.
It was really good to see Mr Cameron attacking the government. About time too!</description>
		<content:encoded><![CDATA[<p>From the Telegraph headlines this morning it is obvious that none of the above suggestions are to be implemented.<br />
Instead we are to have a Keynesian solution &#8211; like spending more on the insulation of houses, and the Olympic games. Even some cross London rail routes are to be looked at (again).<br />
This will mean that the national debt will be massive. And, of course, we will have to cripple ourselves with the interest. How will we pay for it? The city will be in the same state as british Rail in the 1970s. The manufacturing section is dwindling. Our agriculture is crippled. Many, many people are on the government payroll one way and another. Taxes, meanwhile,  are bound to crash.<br />
George Osborne went out of his way to be on the same side as the government. According to Matthew d&#8217;Ancona in the Telegraph, his offer of cooperation has simply been pushed to one side.<br />
On top of all this, Ed Miliband seems determined to implement the ridiculous climate change objectives which will cause even more disruption to our earning capacity and finally will put the lights out.<br />
It was really good to see Mr Cameron attacking the government. About time too!</p>
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		<title>By: Adrian Peirson</title>
		<link>http://johnredwoodsdiary.com/2008/10/19/we-need-a-better-recovery-plan/#comment-7189</link>
		<dc:creator>Adrian Peirson</dc:creator>
		<pubDate>Sun, 19 Oct 2008 14:51:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=1832#comment-7189</guid>
		<description>A return to the Gold standard is to be preferred, failing that, Govt alone should coin money, Free of charge. 
The worst Possible option is to borrow this money into existance by issuing Gilts to the Global Banking system, this is how and why we are enslaved. 
The Crown could issue this &#039;money&#039; free of charge or interest payments, which currernly costs us around &#163;80Billion per year, add to this the &#163;100 Billion spent on Quangos etc. 
This is why TWO parennts must now work to pay for the Flat screen TV&#039;s and Camper van they are never home to enjoy. 
The nations wealth is being syphoned upwards into the vaults of the Global Banking Cartels. 
Issue our money free of charge in the economy, don&#039;t borrow it. </description>
		<content:encoded><![CDATA[<p>A return to the Gold standard is to be preferred, failing that, Govt alone should coin money, Free of charge.<br />
The worst Possible option is to borrow this money into existance by issuing Gilts to the Global Banking system, this is how and why we are enslaved.<br />
The Crown could issue this &#039;money&#039; free of charge or interest payments, which currernly costs us around &pound;80Billion per year, add to this the &pound;100 Billion spent on Quangos etc.<br />
This is why TWO parennts must now work to pay for the Flat screen TV&#039;s and Camper van they are never home to enjoy.<br />
The nations wealth is being syphoned upwards into the vaults of the Global Banking Cartels.<br />
Issue our money free of charge in the economy, don&#039;t borrow it. </p>
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