Public sector pensions deficit - HibeesBounce.com

**egb_hibs** · 11-06-08, 19:17

I read somewhere recently that the public sector pensions defecit is sitting at a staggering 1.2 trillion pounds

it's bad enough that GB has wrecked the private sector economy - gordon's personal legacy to me is i may well have to work five years longer to retire on a lot less than i would have been before his wrecking ball hit. no doubt many others here are in a similar boat.

but this future debt is, which as i understand it - happy to be corrected - is not in anyway underwritten, but just an IOU the govt of 2030 has to make good on somehow, is bloody mindblowing. add to that the PFI obligations future pms will need to meet. this twat has hocked the nations future. he may turn out to be the worst chancellor as well as the worst pm of all time.

Colr · 11-06-08, 21:51

Quote:

Originally Posted by egb_hibs

I read somewhere recently that the public sector pensions defecit is sitting at a staggering 1.2 trillion pounds :yikes

it's bad enough that GB has wrecked the private sector economy - gordon's personal legacy to me is i may well have to work five years longer to retire on a lot less than i would have been before his wrecking ball hit. no doubt many others here are in a similar boat.

but this future debt is, which as i understand it - happy to be corrected - is not in anyway underwritten, but just an IOU the govt of 2030 has to make good on somehow, is bloody mindblowing. add to that the PFI obligations future pms will need to meet. this twat has hocked the nations future. he may turn out to be the worst chancellor as well as the worst pm of all time.

It's part of his plan to reduce the level of inequality between Europe and sub-saharan Africa.

**PILTONSTANY** · 11-06-08, 22:33

As Blur once sang.......

The Universal

This is the next century
Where the Universal's free
You can find it anywhere
Yes, the future's been sold

Every night we're gone
And to karaoke songs
How we like to sing along
'Though the words are wrong

It really, really, really could happen
Yes, it really, really, really could happen
When the days they seem to fall through you
Well, just let them go

No-one here is alone
Satellite's in every home
Yes, the Universal's here
Here for everyone
Every paper that you read
Says tomorrow's your lucky day
Well, here's your lucky day

It really, really, really could happen
Yes, it really, really, really could happen
If the days they seem to fall through you
Well, just let them go

Live for the now,There might not be a future.......

**TattooedHibee** · 11-06-08, 23:55

Lifetime mortgages will be a big hit in the near future with every fucker.

Release that equity!

Colr · 12-06-08, 09:05

Quote:

Originally Posted by TattooedHibee

Lifetime mortgages will be a big hit in the near future with every fucker.

Release that equity!

Only if they are transferable with low/no early redemption penalty and low up front changes (I was charges £999 to renew my 2 year fixed rate - thats a lot of income to the bank over 25 years).

If they packaged it with current account/credit card, etc... it may be worth the banks while but I can't see there's much it for them otherwise.

11-06-08, 19:17	#1
egb_hibs Khmer Radge Join Date: Jul 2002 Location: From the Capital Posts: 19,746 My Mood: Thanks: 0 Thanked 5 Times in 5 Posts Rep Power: 28	Public sector pensions deficit I read somewhere recently that the public sector pensions defecit is sitting at a staggering 1.2 trillion pounds it's bad enough that GB has wrecked the private sector economy - gordon's personal legacy to me is i may well have to work five years longer to retire on a lot less than i would have been before his wrecking ball hit. no doubt many others here are in a similar boat. but this future debt is, which as i understand it - happy to be corrected - is not in anyway underwritten, but just an IOU the govt of 2030 has to make good on somehow, is bloody mindblowing. add to that the PFI obligations future pms will need to meet. this twat has hocked the nations future. he may turn out to be the worst chancellor as well as the worst pm of all time. __________________ "Twice a year Gordon Brown fills his party's sails with pride. His tornado of facts and figures magics up images of untold national wealth and success." P Toynbee, Guardian, Dec 06

11-06-08, 22:33	#3
PILTONSTANY Shameless Radge Join Date: Nov 2002 Location: Edinburgh's Waterfront Age: 31 Posts: 7,491 Thanks: 4 Thanked 85 Times in 39 Posts Rep Power: 18	Re: Public sector pensions deficit As Blur once sang....... The Universal This is the next century Where the Universal's free You can find it anywhere Yes, the future's been sold Every night we're gone And to karaoke songs How we like to sing along 'Though the words are wrong It really, really, really could happen Yes, it really, really, really could happen When the days they seem to fall through you Well, just let them go No-one here is alone Satellite's in every home Yes, the Universal's here Here for everyone Every paper that you read Says tomorrow's your lucky day Well, here's your lucky day It really, really, really could happen Yes, it really, really, really could happen If the days they seem to fall through you Well, just let them go Live for the now,There might not be a future....... __________________ Football in Scotland is ridiculously poor value for money.We dont want to sit down. We dont want to be treated like scum by the stewards. We dont want to eat over-priced reheated stale pies and pay £2 quid for a bit of powder and warm water in a tiny cup. We dont want to sit behind pillars (Well at certain grounds it's ok). We dont want to watch guys who cant control a football. But that's what we get........

11-06-08, 23:55	#4
TattooedHibee Radge Private Member Join Date: Oct 2002 Location: Artful Dodger. Posts: 6,512 Thanks: 1 Thanked 7 Times in 6 Posts Rep Power: 16	Re: Public sector pensions deficit Lifetime mortgages will be a big hit in the near future with every fucker. Release that equity! __________________ Students! Feck Che Guevara, Hail King Sauzee!

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