Tuesday, 26 August 2008

Alice's bubble wrap

I Know A Jolly Policeman...

The latest rentergirl post......

Wealden beats housing crash

Is the Eastbourne Times the last of the housing rampers?

"House in Wealden rocketed by more than 11 per cent in the last year, latest figures have revealed. The average cost of a property in the district rose to £301,353 between April and June, an increase of 11.6 per cent on this time last year. It makes house prices in Wealden the most expensive in East Sussex, well ahead of neighbouring Brighton and Hove, Rother, Lewes, Eastbourne and Hastings.

Personally, I've never heard of Wealden.

This will do wonders for UK exports

German Recession Looms as Business Confidence

Economy 'as bad as the Seventies'

"Pressure is mounting on Gordon Brown to find help for hard-pressed families as the new Deputy Governor of the Bank of England warned that the financial situation was at least as bad as that of the 1970s."

Citigroup Limits Meetings, Pares Color Photocopies."

Look after the pennies, and the pounds will take care of themselves.

Don't bank on bailouts, Bernanke warns

"The great Wall Street bailout of 2008 keeps growing. For Bear Stearns, $30-billion (U.S.). Perhaps as much as $100-billion for Fannie Mae and Freddie Mac. Tens of billions of dollars in discounted short-term loans to investment banks. And lower interest rates for everyone. So where will it all end? In a dark hole of moral hazard, unless the United States overhauls and strengthens its financial system, and that's according to one of the key architects of the bailout."

I don't think so; he means to bail them all out.

China Considering Stimulus Package

Even the Chinese are at it???


DMZ said...

There are some big bank failures heading Bernanke's way

Anonymous said...

Go renter girl!!!!!

RenterGirl said...

Thanks for linking me again Alice!
What did you think of C4's Dispatches? Stating the obvious I think, but inciteful nonetheless.

Anonymous said...

Wealden is a council district just south of Tunbridge Wells - presumably named after the High Weald (geographical feature). UK Local Government reorganised in 1974 and some areas had more than one town of the same size. So to stop WW3 breaking out they named the administrative area after a geographical feature rather than any of the towns! ie. Three Rivers Council, Rother District Council, Wealden District Council

yorkshireman said...

Oh no, Ted heath and his bloody local govt reorganisation. Didn't he abolish Yorkshire and rutland whil creating a nonentity called cleveland.

Alice Cook said...

Renter girl,

No, I didn't see dispatches last night. I was busy blogging.


RenterGirl said...

Dispatches was about bonus culture in the city, and how it's helped us into this financial mess. Nothing you haven't written about here, but good to see it acknowledged on national telly.

Anonymous said...

I disagree. It's shamelessly setting up a Frankenstein for the angry villagers to lynch. Nothing good about telling reckless idiots that someone else must be to blame.

The only victims of "bonus culture" are shareholders. If they don't like it either sell the stock or turn up at a AGM and vote down the compensation scheme.