I read (again) this morning that the ‘banks’ were more or less ‘in profit’ again. They are at the moment being berated by that nice Mr. Osborne because they won’t lend any money. (mortgages, business-loans etc.)
Now me being just an old logical soul have to scratch me head over this one. If the banks are not lending anything – how the hell have they got back into profit?
Answers on a postcard please to: That nice Mr. Osborne – he’s desperate at the moment!
**HSBC have reported pre-tax profits of £7,000,000,000.00p for first six months of 2010 – ‘investment-banking’ being the main source. So, if profits are about 30% of stake-money HSBC must have initially punted £21,000,000,000.00p. So, if you apply for a measly, back-pocket change ‘business’ loan of say £500,000.00p, don’t cry if they refuse. It’s probably not worth their while to bother!**
Call me old-fashioned but when I were a lad to get money for any business reason you simply used the business – making money was the intention, not borrowing it.
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And The Adam Smith Institute – that thinky-tanky thing says that the beeb should lose the licence fee and charge as other TV companies do. They might have a point but this old thinky-tanky bod is ever wary of things government controlled – such as the beeb. They might introduce Pay-As-You-View type funding for the beeb – which, at the rate the beeb spends our cash, would render it skint and defunct within minutes. So watchout for more typical government ‘thinky-tanky’ thinking – Pay-As-You-View rates and a yearly licence fee!
You read it here first folks!
Another option – no fee at all (which would save tax-payers an absolute fortune) is never contemplated is it?
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Oh dear, that nice Susan Boyle, who can really sing, is having cash-flow problems apparently. She’s managed to get herself a nice new house (excellent Sue!) but is finding that on only £500 per week she can’t furnish it all at once.
Which really goes to prove that Private Sector life is a struggle compared to a life on benefits!
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The other day I read at some website or other: ‘How to make a small fortune in the bicycle business?’
I thought jeez, I’d better read that! So I clicked the link – it said, ‘Start with a big one!‘.
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Apparently bosses might not be forced to sack employees as the employees reach pension age – 60 women, 65 men. This is good news as I won’t have to sack meself next year!
Far from it! Me tax-allowance goes up too, so I’m told! And, do I get a pension??? Good grief, it’ll be like winning the pools!
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About twelve months back a customer at the market stall asked if I could ‘set-up’ a BMX that she’d bought for her son from ASDA at Radcliffe.
No problem. Here’s a photo’ of that bike, then.
Totally re-set everything - n.b. front forks/brake...
It’s not very clear but there were several set-up problems with the bike and I wondered where the bike assembler had seen a bike so assembled.
Well, this week I was in ASDA shopping and lo and behold there were several bikes on display – set-up and erm, ready to go?
Well, no, not really, because the BMX amongst them was assembled as the photo above!
I’ve had, too, quite a few ‘interesting’ telephone-calls re ASDA bikes. But, not for me to denigrate here – I merely say, Hi ASDA, why struggle? All you need do is pick the phone up, mind you, I’m not cheap, but therein is the difference between a rideable bike and something in a box from ASDA!