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[Closed] Who would you like to punish for the credit crunch?

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[#312550]

I know the rational thing would be to blame the people actually responsible for the mess we are all in. But the person that it would give me the most satisfaction to set about with a pair of Bombers (sorry 'owning' implies just one whack, this would have to involve a good pulping) would be Eddie Mair of the PM programme on Radio 4.

Night after night of the smug overweight b@st@rd making ironic I'm so post modern comments, as if the sh!t we're all in is a joke, has made him my ideal punch bag. I'm all for interviewers showing a bit of cynicism & disrespect to politicians and bankers but this guy seems to thing the whole thing is a bit of a laugh, and something to relish, as other peoples lives go down the tubes.

This also raises the question how many times would you have to own Robert Peston before he would give up that ridiculous impression of a 1950's academic?

So as soon as I've worked out how to fix a handful of nails to my trust old Z1s and I've got enough money to get down to London...(Oh well Its not going to be sometime soon I've just been given my notice so can't afford the trip to London or the nails)

If anyone has got any other suggestions it looks like I may have some time on my hands for a road trip.


 
Posted : 17/02/2009 11:33 am
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most of the population really, you may need more than a few hours

the banks wouldn't have lent it if people hadn't thought they needed it


 
Posted : 17/02/2009 11:35 am
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I doubt that he was overly influential, but he's in the trade and if there's some Bomber action to dish out, this guy's top of my list.

[img] [/img]


 
Posted : 17/02/2009 11:39 am
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Ah yes - the "good old days" when Banks were getting flamed for not giving people enough credit. "How dare they tell me what I can/can't afford" eh?


 
Posted : 17/02/2009 11:40 am
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just about every resident of the developed world - we all got greedy, we all wanted free money, we all wanted big tv's and we all wanted instant gratification through conspicuous consumption, look where its got us now.


 
Posted : 17/02/2009 11:40 am
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it got me shiny bikes 😀


 
Posted : 17/02/2009 11:41 am
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They were giving out free money? Damn - what did I miss?


 
Posted : 17/02/2009 11:43 am
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Fixie riders. Gotta be them.


 
Posted : 17/02/2009 11:44 am
 juan
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What Gary_M says.
Interestingly JM Mecier (you probably don't know him) has wrote (has written?) a book to denounce the capitalism.

That just made me laugth


 
Posted : 17/02/2009 11:44 am
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Gary_M - Member

just about every resident of the developed world - we all got greedy, we all wanted free money, we all wanted big tv's and we all wanted instant gratification through conspicuous consumption, look where its got us now.

Except some of us didn't, and expected our investments to be worth something.


 
Posted : 17/02/2009 11:44 am
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I'd punish you.
Mostly just for fun though. Couldn't give a rats ass about the "credit cruch".


 
Posted : 17/02/2009 11:46 am
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PeterPoddy hits the nail on the head.


 
Posted : 17/02/2009 11:46 am
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Probably didn't put it very well. Yes there's a lot of blame to spread around but the people who really wind me up are the media types who are relishing the whole thing


 
Posted : 17/02/2009 11:46 am
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Anyone who works in the pensions industry really.


 
Posted : 17/02/2009 11:47 am
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the people who really wind me up are the media types who are relishing the whole thing

Bad news sells well shocker.


 
Posted : 17/02/2009 11:48 am
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Sarah Beeney deserves it for her constant "how to make money in a rising market" TV Show.
Phil Spencer and Kirsty Allsop for bombarding the nation on every property show going.

And all those who got greedy and borrowed too much thinking what goes up won't come down.


 
Posted : 17/02/2009 11:50 am
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[i]They were giving out free money? Damn - what did I miss? [/i] Have you never heard of interest free credit?

I know that druidh, that's why I said 'just about every'.


 
Posted : 17/02/2009 11:51 am
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Gary_M - Member
just about every resident of the developed world - we all got greedy, we all wanted free money, we all wanted big tv's and we all wanted instant gratification through conspicuous consumption, look where its got us now.

And that is true. Anyone who wants to blame small groups or individuals has a fundamental lack of understanding.


 
Posted : 17/02/2009 11:54 am
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They were giving out free money? Damn - what did I miss? Have you never heard of interest free credit?

You think interest-free credit was free money?


 
Posted : 17/02/2009 12:03 pm
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also - the bans haven't given up on us yet. I recently decided to transfer my modest CC balance onto a 0% card to aid in clearing it over the next year, within an hour i had £5.5K to play with (i won't be playing with it mind). My wife did the same with another company and within 10 minutes she had been offered £14K!


 
Posted : 17/02/2009 12:06 pm
 aP
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I understood that it was all David Bowie's fault.


 
Posted : 17/02/2009 12:06 pm
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Bush - with a shoe - at the press conference
Bill Gates, just to shut that squeaky little voice up
Calamity Brown "no more boom and bust, I have saved the world"
David Cameron - when did we develop the technology to make people out of slime?


 
Posted : 17/02/2009 12:07 pm
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You think interest-free credit was free money?

Well it is actually! I tried once with the credit card thing of getting 10k for 9 months or whatever interest free and put it against my mortgage. Some people carried on with that for years doing very nicely but I felt bad...!


 
Posted : 17/02/2009 12:09 pm
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Sorry I should have typed 'free money', is that better for you. And I'm very aware that there is no such thing as a free lunch, before you say it.


 
Posted : 17/02/2009 12:10 pm
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Jasmine- off Place in the Sun, she would get it.


 
Posted : 17/02/2009 12:11 pm
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I guess the David Cameron technology was a development of the Gordon Brown Gollem experiment (lets build a man out of clay)


 
Posted : 17/02/2009 12:13 pm
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I blame Hora. For everything


 
Posted : 17/02/2009 12:27 pm
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just about every resident of the developed world - we all got greedy, we all wanted free money, we all wanted big tv's and we all wanted instant gratification through conspicuous consumption, look where its got us now.

Can I excuse myself - TV is over 10 years old, and I save up if I want something. Hence I'm a victim not a culprit.

Would really like the forum archives right now to find who was complaining about the bank not giving them a huge mortgage...


 
Posted : 17/02/2009 12:43 pm
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Actually, let's just punish David Cameron.


 
Posted : 17/02/2009 12:46 pm
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I blame anyone who willingly uses the term 'credit crunch'.


 
Posted : 17/02/2009 12:47 pm
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Out of interest aracer why are you a victim?

I'd also like to blame people who seem unable to form an opinion and just pick holes in other peoples posts. If you're unable to either express or form your own opinion then why bother posting on this thread?


 
Posted : 17/02/2009 12:47 pm
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think of all those poor Japanese people out of work because aracer was too tight to buy a shiny new TV. victim my arse.

😉


 
Posted : 17/02/2009 12:48 pm
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AndyP
The term I would have liked to use wouldn't get past the swear filter


 
Posted : 17/02/2009 12:52 pm
 IHN
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[i]Anyone who works in the pensions industry really[/i]

Oi, what did I do?


 
Posted : 17/02/2009 12:55 pm
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Richie_B I think the commonly used term is now 'recession'. I don't know why AndyP didn't just say that though.


 
Posted : 17/02/2009 12:57 pm
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everyone who didn't clear all their debts last year like a smug **** would get a good kicking.


 
Posted : 17/02/2009 1:04 pm
 nonk
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yeah your a victim allright.


 
Posted : 17/02/2009 1:05 pm
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Oi, what did I do?

It's more what you didn't do, but it's sort of specific to me and Standard Life - I was just casting the net wide. Sorry.


 
Posted : 17/02/2009 1:09 pm
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everyone who didn't clear all their debts last year like a smug **** would get a good kicking.

Seems to be better for me to put my cash in a cash isa than reduce my mortgage at the moment.


 
Posted : 17/02/2009 1:11 pm
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aracer - Member

just about every resident of the developed world - we all got greedy, we all wanted free money, we all wanted big tv's and we all wanted instant gratification through conspicuous consumption, look where its got us now.

Can I excuse myself - TV is over 10 years old, and I save up if I want something. Hence I'm a victim not a culprit.

Would really like the forum archives right now to find who was complaining about the bank not giving them a huge mortgage...

Do you have a pension other than a state pension? If yes, you can't be excused.


 
Posted : 17/02/2009 1:22 pm
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I'd like to punish Sarah Beeny. She's a naughty naughty person.


 
Posted : 17/02/2009 1:25 pm
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Do you have a pension other than a state pension? If yes, you can't be excused.

Oh yeah? Why exactly, given pensions put money into the system? I'll actually cite my pension being stuffed as one of the main reasons I'm a victim. You can't blame me for what pension fund managers might have chosen to do.


 
Posted : 17/02/2009 1:31 pm
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[i]Richie_B I think the commonly used term is now 'recession'. I don't know why AndyP didn't just say that though. [/i]
because it's irrelevant to my point?


 
Posted : 17/02/2009 1:32 pm
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What point?


 
Posted : 17/02/2009 1:47 pm
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The Governments the world over for not policing the price of carbon.

The entire world economy runs the way it does, only because there has been a (so far) effectively limitless supply of cheap polluting energy from fossil fuels. The economy boils down to basic thermodynamics. Put energy in and get goods and services out. This affects every single aspect of our life, the price of consumer goods, food, travel, houses, absolutely everything.

Everything we do has been too cheap because we have paid nothing for the global pollution it's been causing.

So energy too cheap (ie no effective carbon taxes from our limp Governments) = cheap goods, cheap travel, cheap services, cheap food. = Massive overconsumption = massive runaway demand = global boom and bust.


 
Posted : 17/02/2009 1:56 pm
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