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The New Condem Government


bickster

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I can't see Twitter at work, but I was hoping for something a bit more concrete. A link to the FCA regs for example.

Google it if you have time, Paul Lewis didn't provide a link.

 

 

I did.  There didn't seem to be anything else about it on the internet anywhere other than that one tweet.

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I can't see Twitter at work, but I was hoping for something a bit more concrete. A link to the FCA regs for example.

Google it if you have time, Paul Lewis didn't provide a link.

I did. There didn't seem to be anything else about it on the internet anywhere other than that one tweet.

Paul Lewis is usually spot on with these things.

It's a testament to the great work this government are doing that payday loan companies are prospering.

Tories : cleaning up the mess.

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I can't see Twitter at work, but I was hoping for something a bit more concrete. A link to the FCA regs for example.

Google it if you have time, Paul Lewis didn't provide a link.

 

 

I did.  There didn't seem to be anything else about it on the internet anywhere other than that one tweet.

 

 

Something here.

 

The change is that the number of rollovers is being limited to two, which limits extra charges.  Lewis welcomes that in the article.

 

But the government has refused to limit the interest rates which can be charged:

 

 

Ms Swinson argued that imposing a cap on the rates of interest charged was unlikely to work.

 

"One of the biggest problems is not the interest rate charges, it is people being given credit when they shouldn't be," she said.

 

So what Lewis says in the tweet is correct, but the way it reads gives the impression the change is newly making it possible for companies to do this, when in fact it is making an improvement to the situation in respect of charges but failing to tackle interest rates because Ministers take the view expressed by Swinson.  At least that's how I read it.

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Well if one tweet constitutes informed debate, I'm going to start quoting Joey Barton.

 

BTW, do you really need to put that cleaning up the mess bit in every post?  You could just put it in your signtaure line if it means that much to you.

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I can't see Twitter at work, but I was hoping for something a bit more concrete. A link to the FCA regs for example.

Google it if you have time, Paul Lewis didn't provide a link.

 

 

I did.  There didn't seem to be anything else about it on the internet anywhere other than that one tweet.

 

 

Something here.

 

The change is that the number of rollovers is being limited to two, which limits extra charges.  Lewis welcomes that in the article.

 

But the government has refused to limit the interest rates which can be charged:

 

 

Ms Swinson argued that imposing a cap on the rates of interest charged was unlikely to work.

 

"One of the biggest problems is not the interest rate charges, it is people being given credit when they shouldn't be," she said.

 

So what Lewis says in the tweet is correct, but the way it reads gives the impression the change is newly making it possible for companies to do this, when in fact it is making an improvement to the situation in respect of charges but failing to tackle interest rates because Ministers take the view expressed by Swinson.  At least that's how I read it.

 

 

 

The way the tweet is written is that the FCA (and presumably, by extension, the nasty governmet) are allowing the child-snatching loan sharks to lend somebody £100, then send two bruisers round (with planks of wood with nails in I expect) to collect £200 within 90 days.  The reality is, as you helpfully point out, is that the FCA appears to be doing its best to restrict what the pay day loan companies can actually do, and in some albeit probably small way, make things slightly better than they currently are.  One tweet with its restricted word count isn't really enough to debate the point properly, but that's the way the left seem to like to debate things these days, with tweets and ridiculous Facebook memes.

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Why the personal attack? I don't get it. You're a weirdo.

Anyway.

Remember when Brian May said the badger cull wouldn't work, and the government said 'of course it will!' ...well guess what. Maybe we should have a load of old rockers running the country.

Tories : cleaning up the mess.

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The house just voted to stop the badger cull. Government response? They're going to carry on regardless. That's our democracy at work.

 

I'm not being funny, but other than farmers, (and, presumably the badgers), who cares?  How does that rank on the scale of the country's immediate problems?

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The house just voted to stop the badger cull. Government response? They're going to carry on regardless. That's our democracy at work.

I'm not being funny, but other than farmers, (and, presumably the badgers), who cares? How does that rank on the scale of the country's immediate problems?

Yeah, wot does the envoiromunt matta, f-em'!

(Please stop posting the Tories/mess comment on every post)

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The house just voted to stop the badger cull. Government response? They're going to carry on regardless. That's our democracy at work.

 

I'm not being funny, but other than farmers, (and, presumably the badgers), who cares?  How does that rank on the scale of the country's immediate problems?

I think that you will find that to certain elements of our society badgers and foxes are a hell of a lot more important than managing the economy.

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The house just voted to stop the badger cull. Government response? They're going to carry on regardless. That's our democracy at work.

I'm not being funny, but other than farmers, (and, presumably the badgers), who cares? How does that rank on the scale of the country's immediate problems?

I think that you will find that to certain elements of our society badgers and foxes are a hell of a lot more important than managing the economy.
Farmers want TB spread controlled as they say its harming their industry. So it is about the economy.

Fox hunting was a separate issue at the heart of many sections of society across the political and social spectrum.

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The house just voted to stop the badger cull. Government response? They're going to carry on regardless. That's our democracy at work.

 

I'm not being funny, but other than farmers, (and, presumably the badgers), who cares?  How does that rank on the scale of the country's immediate problems?

I think that you will find that to certain elements of our society badgers and foxes are a hell of a lot more important than managing the economy.

 

 

You mean tories? They seem to think removing the ban on Fox hunting should be a priority.

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