In todays news...

[irie]

Man gets 24 weeks inside for wanking on a seagull!

https://metro.co.uk/2023/06/21/sunderla ... sfeed_news

Since when were seagulls protected animals, I thought they were vermin?

The court also heard that police discovered Lee had been watching porn which involved animals when they searched his phone. The prosecution argued this would have distressed the seagull even more.

Would it have been less distressed if it was just a topless woman in the video?

Seagulls are vermin.

But they are a protected species under the 1981 Wildlife and Countryside Act.

Go figure.

[Cousin Jack]

Man gets 24 weeks inside for wanking on a seagull!

https://metro.co.uk/2023/06/21/sunderla ... sfeed_news

Since when were seagulls protected animals, I thought they were vermin?

The court also heard that police discovered Lee had been watching porn which involved animals when they searched his phone. The prosecution argued this would have distressed the seagull even more.

Would it have been less distressed if it was just a topless woman in the video?

Seagulls are vermin.

But they are a protected species under the 1981 Wildlife and Countryside Act.

Go figure.

Blame the RSPB.

[Greenman]

In the early 90s interest rates hit something like 15%, lots of people (including my friend Dave) had their houses repossessed because they couldn't pay the mortgage, it took Dave years to get past this economic issue, at no point did Dave ask for a handout from the Government to help him out, he got on with working and sorted himself out financially, as did lots of other people.

In the mid 90s I had negative equity and outgoings more than my incomings, I had to borrow money to get through this period and spent years paying it off.

And now you want people who went through house repossession and negative equity to pay the mortgages of people who aren't prepared to go through the same shit as we did.

That's like saying i went though the war and you lot should go through one too.

Isn't life about making things better, rather than just going around in circles?

Shouldn't people have learned from the lessons of the past and known that interest rates could go up?
I think that if you want help with your mortgage whoever helps you out should own part of your house.

Isn't that my Bank managers job, oh no wait, his job is to take as much from me as he can, sorry, i forgot we were talking about bankers for a minute there...

I see your point, but do people realistically have time to be constantly looking at mortgage rates? Even if you are on the ball what changes could you make to get around having to pay the higher rates? They have you over a barrel as you obviously found out when you went into negative equity - why did you not think ahead and stop that from happening?

My first thought in the morning isn't "i wonder if my mortgage rate will go up in 2025, i must spend 3 hours today researching" - i just don't have the time, and nor do many others!

I rely on my bank to advise my correctly in the first place and to continue to advise me as thinhgs go along but we all know all they want to do is drain as much money out of you as possible so this doesn't happen.

[Mussels]

That's like saying i went though the war and you lot should go through one too.

Isn't life about making things better, rather than just going around in circles?

Shouldn't people have learned from the lessons of the past and known that interest rates could go up?
I think that if you want help with your mortgage whoever helps you out should own part of your house.

Isn't that my Bank managers job, oh no wait, his job is to take as much from me as he can, sorry, i forgot we were talking about bankers for a minute there...

I see your point, but do people realistically have time to be constantly looking at mortgage rates? Even if you are on the ball what changes could you make to get around having to pay the higher rates? They have you over a barrel as you obviously found out when you went into negative equity - why did you not think ahead and stop that from happening?

My first thought in the morning isn't "i wonder if my mortgage rate will go up in 2025, i must spend 3 hours today researching" - i just don't have the time, and nor do many others!

I rely on my bank to advise my correctly in the first place and to continue to advise me as thinhgs go along but we all know all they want to do is drain as much money out of you as possible so this doesn't happen.

When you take out a mortgage you should consider levels of risk, I decided that 15% was unlikely but 8% was quite possible. The last person I'd ask about financial products is my bank manager, that's what an IFA is for. As an IFA makes money on comission it isn't costing me anything so it's a bit of a no-brainer.
I've tried going direct but there's no way I can get that comission back for my efforts so there's little point.

[Taipan]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

[Taipan]

In the early 90s interest rates hit something like 15%, lots of people (including my friend Dave) had their houses repossessed because they couldn't pay the mortgage, it took Dave years to get past this economic issue, at no point did Dave ask for a handout from the Government to help him out, he got on with working and sorted himself out financially, as did lots of other people.

In the mid 90s I had negative equity and outgoings more than my incomings, I had to borrow money to get through this period and spent years paying it off.

And now you want people who went through house repossession and negative equity to pay the mortgages of people who aren't prepared to go through the same shit as we did.

That's like saying i went though the war and you lot should go through one too.

Isn't life about making things better, rather than just going around in circles?

Shouldn't people have learned from the lessons of the past and known that interest rates could go up?
I think that if you want help with your mortgage whoever helps you out should own part of your house.

For a lot of people this time is the last shot they'll get at getting on the property ladder. So for many its a risk worth taking. I'd rather take that risk and own my own property when I retire than be at the mercy of rents and landlords!

[Screwdriver]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

They still exist in a superposition.

Appreciate that's a kind of oxymoron.

WTF, I did it again!!

[Yambo]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

They still exist in a superposition.

Appreciate that's a kind of oxymoron.

WTF, I did it again!!

I think we should consult Schrödinger, he'll know.

[Count Steer]

The highest base rates I've known were 17% in 1979, when I was still renting. In 1982 I took the plunge and bought a house with interest rates fluctuating between 10% and 15% for most of the 80s. I ran up considerable debts just to stay afloat during that period and it was only during the early-mid 90s that I was able to pay off my debts and become solvent again. The idea of asking for government assistance was so bizarre it never even occurred to me.

My sympathy for those that assumed low interest rates were here for ever is limited, having had non-fixed mortgages the last 2 times the housing market has stood on it's head. The last time and the current situation are a bit different from the 70s though. The 90s was when they'd lend anything to anyone and stoked up the 'house price boom' and sure enough, it went boom. Then and now, thanks to hugely inflated house prices, the mortgage is a bigger % outgoing, on average, for buyers. Lots of people have little room for budgeting manoeuvres if payments rise significantly. Back in the 70s we (personally) just went 'Ooh, that stings' tightened our belts and either got a better job or waited for wage increases to dull the pain. There was some slack in the monthly finances because the mortgage wasn't such a huge % of income - they wouldn't lend more than x times salaries, but x has increased since.

It's still one thing to hope that low interest rates are permanent but make whatever provision you can, just in case, another to assume they are permanent and live/spend accordingly.

It's going to be interesting to see how the mood music changes from 'no government/taxpayer money to assist those in mortgage distress' to 'the government must do something' when people see the value of their houses heading south though.

[DefTrap]

I don't see this as super-different to most of the other emergency benefits that the government provides to dig certain demographics out of a hole. What's the alternative? Mass repossession? We all know buy-to-let is being discouraged (knock-on-effect fewer houses to let and sharper rents). And good luck getting on the Council.

[Mr. Dazzle]

it's all a bit circular though right....put up interest rates (yeah I know that's the BoE) to reduce people's spending power, then use tax payer money to cover higher mortgage payments. So...err...what was the point of the interest rate hike again?

[Potter]

Greenie - all you had to do was listen to me two years ago when I told you what was coming and how to mitigate it.
Instead all I got was shit.

Who’s your daddy now.

[Potter]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

It’s gut wrenching.
There is a father and son in there, I imagine myself sitting in that tube with my boy, watching each other die

[Noggin]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

It’s gut wrenching.
There is a father and son in there, I imagine myself sitting in that tube with my boy, watching each other die

It's been horrible to read and wait. So being in there must be horrendous.


I'm a bit incredulous that there was no security at all (rescue recovery type security). But that really doesn't take away from the fact that those people have had to sit in that submersible and watch each other die - probably knowing full well that that is what was going to happen.

Gut wrenching is the right description

[Taipan]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

It’s gut wrenching.
There is a father and son in there, I imagine myself sitting in that tube with my boy, watching each other die

Dreadful. Somone here said dying of air starvation is actually euphoric, so maybe they'll pass better than I had imagined they would, hopefully...

An interesting point made by a guy on the news now, he said they may have been allowed to take their phones down to take photos and maybe if the vessel is ever recovered, they'll possibly be vidoes that fill in the blanks. But, as he said, it took 73 years to find the very large Titanic...

[KungFooBob]

I read that if the electrical system was dead that the carbon dioxide would start to replace the oxygen and they would just fall asleep.

[Ant]

Looks like the Submariners are dead now. If it's under water and they find it right now, the recovery time is longer than the air supply will last.

It’s gut wrenching.
There is a father and son in there, I imagine myself sitting in that tube with my boy, watching each other die

Yes it's heart breaking. Sadly many are finding this hilarious, posting jokes about it on forums and social media. Sick, utterly sick and quite likely illegal too.

[cheb]

CO2 poisoning symptoms: https://www.emedicinehealth.com/wildern ... ymptom.htm

Doesn't sound that peaceful.

And spare a thought for the people searching and who have to open the sub when/if found.

[Yambo]

I'm afraid I can't get too worked up about it tbh. These people paid a lot of money to visit a mass grave basically and I can't understand why they'd want to do that. Were you as upset about the submariners on the Kursk, or people who pay a lot of money to climb Everest, walk past the bodies of other adventures and maybe die themselves?

[Mr. Dazzle]

I'm afraid I can't get too worked up about it tbh. These people paid a lot of money to visit a mass grave basically and I can't understand why they'd want to do that. Were you as upset about the submariners on the Kursk, or people who pay a lot of money to climb Everest, walk past the bodies of other adventures and maybe die themselves?

S'kinda my feeling to TBH.

People do these things to "feel alive" and all that sort of stuff. Flip side of the coin really innit? Can't have it both ways.