Alan, Zoe You don't understand how they lost their chance to go to college through Labour? Because the thought of further debt frightened them off, that's why! Maybe they misunderstood how it works, but the fact remains they lost out. If you don't believe me then you havent spoken to many people at that end of the spectrum who are convinced that they can't afford to go to college. It's frightening how many of them don't understand money and how it works. On a slightly different tack My cleaner - another single mother on the breadline - is seven grand in debt because she wanted to improve life for her kids and bastards at banks let her run up a £7000 debt on credit cards. She is now trapped in a spiral of debt she has no hope of ever escaping, because she didnt understand how money worked. I told her to go bankrupt, but she feels that would be shameful. It isn't. It's just beating banks at their own game and clears the debt much more quickly. But she's conned into believing there is some honour involved. People like you and Zoe S are being conned. You've been conned into thinking youve got a good deal on your education. Youve been conned into starting out your adult lives up to your necks in debt before you've even started because you've had the wish to get yourselves educated. You should be able to start your lives with a clean sheet. Then you'll find youve been conned into wanting home ownership and taking out a mortgage. When I was in my 20s, the biggest mortgage you could get was 2.5 times your salary, which basically dictated the prices of houses and kept them affordable. To put it in numbers, if average wages are £20 000, it would mean average house prices now would be £50 000, and you and Zoe and everyone else would be abler to get yourselves houses without going up to your necks in debt to do it, because, if the average is £50 000, then you'd find starter homes at 25, and big houses for 100 (thousand....) But people were conned into thinking that whilst inflation in normal things was bad, inflation in house prices was somehow good because the house was an "asset". It isn't good. It just drafs you into higher debt. And once you are in debt you lose your freedom to act. You are in thrall to those who lent you the money. Youre being conned. THis country average per capita personal debt is terrifying. And the bulk of it has happened under a labour government whose moral job is tp protect the poor and less well off. This labour government has allowed you all to get buried in debt, whilst the rich have grown massively richer, the gap between rich and poor has escalated hugely. You're being stuffed. Prosperous bastards like me are fine. I owe nobody a penny and can effectively do what I want with no fear of the result. You guys have got to pay for your education, earn £200 a week AFTER tax just to pay for a roof over your heads before you even eat, and you think you're well off. Sorry, but you're wrong. You've been had by Labour, had by the banks. Just look at how much HSBC now earns per HOUR out of this country. Its 530 am Saturday. I'm about to get on a plane to Shanghai for a meeting monday. During that meeting, my client will place orders for 20 000 pieces of clothing which 10 years ago would have been made in this country in a factory employing 50 people. Those factories no longer exist. So the profits on the production of those goods no longer stay in this country. They go to China instead. THat same scenario is writ large across British industry, which is evaporating daily as we speak and will eventually cripple you because you can't eternally import without exporting too. But this country is doing exactly that. Again, getting into debt. 10 years ago I was generating business in this country from exports of goods made in this country which drectly ermployed 200 people in manufacturing. It started to disappear and go to China. It worried us . We wrote to politicians in whose constituencies the factories were - Labour politicians. They never even bothered to reply. And now those jobs aint there because we had to follow the marketplace or go under, and I spend half my life in China (lovely place, actually) as a result. I sell about half a million items of clothing a year, all from China, all made in UK 10 years ago. All profits leaving this country. One day, long after I've retired or died, that is going to come back and haunt you. Think about it Alan and anybody else who thinks that labour does a good job for you. In the meantime, I have a plane to catch and a bit more ozone to destroy in the process as the plane taxis over a former bit of Cheshire countryside. I hear our nice labour council which owns the airport wants to see the passenger throughput rise to 40 million per year in 10 years time (Evening News last night). Brave New World indeed, eh chaps? Oh, and just to make you think whilst you all go shopping in Trafford Centre today. Those nice trainers you'll see at hundred quid a pair. Eight dollars a pair ex-works Shanghai. And the hundred quid designer jeans - six dollars fifty - six dollars if we drive a good bargain. You figure out where the money in between goes. Sweet dreams.

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