What credit crunch?

Monday 9th March 2009, 10:29AM GMT.

beachLETTER: Life just couldn’t be better. What earthly reason would I have not to vote for Gordon Brown?

A three per cent rise in council tax, 40p per week, so what, doesn’t affect me, I don’t pay council tax. Interest rise or decrease on mortgages and rent rises, so what, doesn’t affect me, I don’t pay rent or mortgage.

Increasing rises in bus fares, so what, doesn’t affect me. I don’t pay bus fares.

Prescription charges, so what, doesn’t affect me. I don’t pay prescription charges.

Savings losing capital interest, so what, doesn’t affect me. I don’t have any savings.

I’m a 69-year-old living in the place of my birth and I have never worked.

Every week I go to the hole in the wall and by a magic, which I have never questioned, money just drops out and into my purse.

My home is beautiful a two-bed purpose built property maintained by a housing trust. My lawn is cut, my windows are cleaned, my fence is painted, my doors and windows are security tested.

I travel by bus free in my home town of Telford, I take considerable advantage of the NHS because I can.

Mortgage, rent and council tax was a worry once, before a lovely lady helped me fill in the forms.

I am part of a thriving social scene, I always have somewhere to be with others sharing similar interests.

I have been able to show my children how to live a likewise pleasant existence.

Recession, what’s that? My life hasn’t changed, nor will it.

Cheers Gordon.

Name and address supplied


  1. 1
    Chavney Asbo

    Good on you Grandad! You tawt me all what you know and Im prowd to follow in yor footsteps. At 29, why shuld I work neither when I get all what I want with no efort and pay no taxis or rent? (Donnot pay insurence on Corsa neither cos social donnot give me enouhg money – not good.) The recesion is great excuse to stay at home – takes presure off of me at job-centre cos they no that theres no way Ill work so life is good, no probs at all. Thank you Gordon Brown, Ill vote for you next year, for sure bro, best choice for working class like me! (Pls donnot raise price of cider or ciggies like they said in the Sun thouhg please – this wuld haver bad affect on lifestyle.)

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  2. 2
    jo

    Glad you have such a pleasant life, its people like you who use the system wrongly, that bump everything up for people like myself who work hard to take care of our children and home and struggle!

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  3. 3
    jo

    Teach your children about pride and working for what you have. Glad you also have a nice social life, seen as most of the time we cant even afford days out with our children!

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  4. 4
    Jake

    Is this letter a deliberate attempt at provocation or a cunningly observed satire? Most readers here are subsidising this person’s lifestyle whilst struggling to make ends meet to support their own families.

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  5. 5
    southshrops

    Fab letter, it’s given me a good laugh – you have got the scroungers’ attitude off to a T!

    (Jake, I’m assuming it’s a cunningly observed satire)

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  6. 6
    jo

    I hope this a clever letter, mirroring alot of what is going on in this great and helpfull social state, while crippling the real workers and families.

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  7. 7
    Peter

    It’s obvious that this a satire, but I think if the author is looking for the origins of our burgeoning underclass he/she needs to look a little further back.

    We are now certainly into the second generation, and in some cases, the third generation of a group of people who have no ambition to work.

    They have not seen that work ethic in their parents/grandparents, and the sort of unskilled manufacturing jobs which would once have provided employment for them have long gone, thanks to the ‘Pandora’s Box’ of Globalisation which was opened a couple of decades ago.

    Once ‘The Market’ became the sole arbiter of where, geographically speaking, jobs should be carried out, we lost all prospect of ever having large numbers of low-skilled manufacturing jobs again.

    That’s not necessarily a bad thing in theory – after all, we can go for the better quality jobs can’t we?

    That would be all very well if there was a desire within our society to regard education as something with real value – unfortunately, we’ve seen that it’s apparently alright to regard being thick as being ‘cool’ whilst being bright is regarded as ‘geekish’.

    The rise of ‘The Cult of the Celebrity’ has ensured that far too many young people go through their school lives harbouring unsupportable ambitions, and sneering at the idea of getting real qualifications, settling instead for the easy options too often.

    This, coupled with the mistaken policy of branding any establishment capable of handing out so much as a Cycling Proficiency certificate as a ‘University’ has given many young people an inflated view of their value to the jobs marketplace.

    Thankfully, we are now seeing a shift back towards better vocational training, and we have seen a massive investment in primary schools, which appears to be having positive effects on literacy and numeracy levels in that age group.

    Greater investment in Secondary schools is also planned, which will benefit those coming out of the rejuvenated Primary schools, so perhaps we will see a workforce whose ambitions for and expectations of themselves are set a little more realistically over the next few years.

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  8. 8
    andrew finch

    Having read this letter in full. My opinion is it is from an individual who is observing some one else who they clearly believe are getting all the hand outs known to man.
    All rent paid?
    All council tax paid?
    windows cleaned?
    grass cut?
    etc etc. I find it all very hard to believe and i doubt very much this type of daily mail rubbish is.
    How ever a very amusing letter and i am sure it will get the paranoid going .
    The best bit is i believe the only annoyance the people who complain about it have is THEY DO NOT GET IT NOT THAT IS IS WRONG. I DOUBT VERY MUCH IT IS HAPPENING AND NONE OF US KNOW WHAT ANY ONE IS GETTING UNLESS WE ARE STEALING THE PERSONS POST OF COURSE.

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  9. 9
    askeric dotcom

    I think this article has been printed by mistake.
    Was it orginally intended for April 1st?

    But seriously – Peter has a very valid point.

    I spent the majority of my working life in electronic design/production – and there were many hundreds of people employed at places like Decca, Plessey, GEC, Marconi, Racal etc.

    Those companies employed people of all skills, from the highly qualified design engineer, to shop floor assembly workers – Who it must be said were just as important, if not MORE SO – becuase they MADE things.

    Sadly it’s all gone. – and I don’t ever see it getting any better.

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  10. 10
    Tory boy

    For people like me this letter will make us see red, this is result of years of socialist policy, we would ban people like this from living in the UK, they deserve to have their dole cut and i hope the authorities are investigating him now

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  11. 11
    Danny Champing

    disgacefully this is the norm in much of england and wales today

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  12. 12
    Wilhelm Scream

    I for one recommend the return of the good old-fashioned Victorian Poorhouse – we could bring it up to date and call it a Chav Concentration Camp. You see, Chavs don’t think like us, they’re not quite human. We should go round and break the windows of their council-houses and dole offices one crystal-clear night and make them wear badges saying ‘Dole Scum’.
    I’m not sure if any of the political parties are keen on this idea though, perhaps we should join together and form a party called….I dunno….The National Socialists. Anyone ? We can have a uniform if that helps ?

    To quote Homer Simpson:- “In-case you hadn’t noticed, I was being sarcastic”.

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  13. 13
    Andy

    To borrow a line from one of the best films of all time:

    “Nail some sense in to them!”

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  14. 14
    darren

    you live in telford pal…. who cares!

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  15. 16
    andrew finch

    good grief told you some on here would believe it .The original letter writer also has his own private plane and boat. He/She also hoildays abroad 4 times a year.Some in fact on here writing will im sure be joining him/her soon oooooooooops should not say that .

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  16. 17
    LORRAINE

    i cant believe what you brag about and teach your kids, you are a leach to society and dont think about hard working parents trying to keep a roof over their familys heads and food on the table .i also cant believe the shropshire star pubilished this in the current crisis but i suppose its media and it gets peoples backs up .have a nice life you low life …

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  17. 18
    Ticklemouse

    Since we can be fairly certain this letter was written heavily laced with sarcasm, we have to assume that the revelation that folks who don’t have a lot, don’t have a lot to lose is either so startling (despite being obvious) to the writer they feel the need to put pen to paper or that they are about to reach a moment of Buddhist nirvana and free themselves from worldly baggage.
    However, their thinly veiled attack on Gordon Brown reveals that they either have very little understanding of the history of the Welfare State or very little understanding of the causes of the credit crunch.
    If they think that living on dole handouts is so great one assumes the reason why they haven’t joined them is because a) they know that it isn’t or b) they simply haven’t got the guts!
    In summation – rather then being ‘cunningly observed satire’, it comes across as the incoherent ramblings of a cowardly ignoramus.

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  18. 19
    andrew finch

    HERE HERE TO THE ABOVE .
    incoherent ramblings of a cowardly ignoramus.
    Exactly i cant believe people take it as this is what it must be like on benfits.I for one would hate it accountable to some oik in a welfare office who is probably not very bright . Living on what i spend on my dog and kids treats a week. Trying to grocery shop on 40 odd quid compared to my usuall 100 quid yep must be a great life????.AS STATED IF IT IS SO GREAT WHY DO THE CRITICS NOT GO ON BENEFITS??? OH YES THEY ARE TO PROUD TOO mmmmmmmmm yes im sure.
    Truth is they just want a section of society to look down on .
    I remember an MP telling me council houses were built to create a middle class and give them the impression they had achieved something.
    Ok some have learned to live on benefits that is true but what they get etc etc is over egged it makes great news and gets peoples knickers in a twist. What was i saying about not very bright people??

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  19. 20
    Stuart

    “However, their thinly veiled attack on Gordon Brown reveals that they either have very little understanding of the history of the Welfare State or very little understanding of the causes of the credit crunch.”

    Perhaps Ticklemouse (the above is your comment at 18) you will give us the benefit of your knowledge of the history of the Welfare state and the causes of the credit crunch.
    So, anyone who has the temerity to have a sarcastic swipe at the excesses and abuses of the nanny state is a “incoherent ramblings of a cowardly ignoramus” and then we have the “not very bright people” from andrew finch.
    So all us critics of the scroungers, the welfare abusers, the idle, the indolent and the non contributors but takers from our society bow to your superior intellect, your compassionate disposition and your generous, give them everything approach and we just hide in a corner and put up with our lot without raising a voice in protest. And then, the best of all and the usual stuff from Andrew “WHY DO THE CRITICS NOT GO ON BENEFITS -OH YES THEY ARE TO PROUD TO”. Marvellous stuff that then you talk of not very bright people. mmmmmmmmm.
    When the truth is out of course, it is people like you who have reduced this country to the state it is in and which has rightly been termed “a broken society”.
    You should feel proud of yourselves but with Brown and the likes at the helm, it’s par for the course.

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  20. 21
    kevin hardy

    if you don,t believe this isn,t true then youved never lived in the real world.this way of living was a way of life for many in the late 1950,s when i starte work in Manchester as its true now inWelshpool where i,ved lived for 38 yrs.its great now cause they can even easily submerge into the mass unemployed.i,ve gone into pubs on Sunday afternoons in Welshpool and the only people drinking are the long time idle.If they used their brains they could be lecturing in 6th form colleages on how to live life supplied free by MUGS.this type of person would also have evaded conscripsion in wartime somehow

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  21. 22
    jo

    LOL at Andrew, are you kidding me £40 quid a week shopping? No thats more close to what i have! the people i know on benefits are well dressed, and have alot more than me! Where i live its full of them, friends included, so i do know what they have. The reason i don’t go on benefits, is yes pride, the benefit system is what i always thought a stop gap, a help for people who really need it, not a way of life.In today’s society it seems it is ok for it to be a way of life! And im not demeaning everyone on benefits, some people use the system they way it was meant, but yes others just abuse it, that is who i am on about.

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  22. 23
    brian

    Spoof or not good luck to you grandpa. personally I would rather rip the country off by getting a big fat bonus and 650k a year pension for life.

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  23. 24
    Ticklemouse

    No problem, Stuart, for the sake of brevity I’ll keep it short
    The time line as I understand it, and correct me if I’m wrong is – Welfare State dates back to 1945, Gordon Brown was born in 1951.
    The Credit Crunch was caused by loopholes in global regulation when it came to lending. Banks lent more than they could afford to as they insured themselves against the debtor not being able to repay (loophole #1), they then went so far as to sell these very insurance policies (loophole #2). Upon the realisation that debts were not going to be repaid they then couldn’t trust the insurance policies (which in any case they’d sold and bought so many times they’d lost track of) as they were with banks that also were no longer trustworthy to pay out.
    As an aside, but worth baring in mind when you wish to consider legislation, Banks, even one’s you think of as British, are in fact Global organisations.

    As for why the original poster is a cowardly ignoramus – I think I explained why I’d used both term individually in my post.

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  24. 25
    Ticklemouse

    Oh, and whilst I’m at it Stuart you’ve also made the rookie error of mistaking a criticism of woolly thinking (as in the original post and many of respondees) as being a wholesale acceptance of the behaviour of scroungers. They are not one and the same, nobody is condoning the misuse of the Welfare state but I am saying that wild swipes that miss their mark are nothing more than woeful ill-thought out examples of scaremongering. Still not to worry, to err is human.

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  25. 26
    Stuart

    Ticklemouse, I could drive a coach and horses through what you say above. As like many others, I think I have a very deep understanding of the causes of the banking crisis and if my interpretation is correct (which is open to debate), you seem to totally miss the essential causation factors.
    Just one example, albeit there are many others. You talk of “loopholes in “global regulation” when it came to lending”. What “global regulation”?, there were none in being, that is what Brown has been going on about setting up, to get him off the hook of his responsibility for this disaster. He hopes to set up “global regulations” at the next meeting of the G20 to be held in London and, preparation for which, he has only days ago came back from the US where he tried to get Obama to support him in this quest for global regulation. It appears the EU countries will not support him in this quest for a “global set-up” and already the French, Spanish and Germans have let their “anti global regulation” (Brown’s variety anyway) views be known.
    As for our own “regulations” or lack of them, Brown brought about the FSA then both he and Blair emasculated it and effectively stopped it from doing any form of regulation. Banks then ran riot. This has been laboured many times in these columns and I don’t intend to pursue it, albeit the Labourites would strongly disagree with my pointing the finger at Brown.
    The letter writer has every right to feel “put-out” over many issues relating to the present “welfare state” as I and many millions of other people do. They also blame Brown for many issues relating to the present economic disaster, as I do and many millions like us.
    Sarcastic, satire, call it what you will, the letter puts in context some of the many evils of our present society and to criticise it in the terms that you and Andrew Finch do, can rightly be said to “calling the kettle black” when it comes to some of the colourful, caustic comments that you level at the writer.
    He/she seems to me as “bright” as a new pin and certainly not a “cowardly ignoramus”. I would bet he/she knows who/what caused this banking crisis.

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  26. 27
    Peter

    Certainly the benefits for most of those losing their jobs in the current global recession are not great.

    If you’ve received any sort of decent redundancy payment, or have a spouse or partner still in work you’ll receive only about £60 per week for 6 months – regardless of the decades during which you might have been paying in to the system.

    Once you’ve spent all of your savings and can plead real poverty you’ll get support with rent or mortgage interest support and a number of other services such as prescriptions, for free.

    Whilst that level of support is useful in the short-term, in the longer term it becomes a constraint upon getting back into work, especially when companies are determined to pay minimum wage wherever they can get away with it.

    The ‘freebies’ disappear once you’re back in work and there are a significant number of people who find themselves worse off through being in work, regardless of the benefits to self-esteem and mental health derived from working.

    We need to support the working poor with better benefits, and slowly shift the money away from the hardcore minority who simply exploit the welfare system – this is not a new problem – it’s been going on for decades, but the effects of uncontrolled globalisation of the job market have had the double effect of forcing down living standards here, and increasing the number of those who no longewr see the value in work.

    Of course, the fat cats who are the cause of all this just get richer and richer…

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  27. 28
    andrew finch

    Oh my god stuart i am to blame for a broken society??, married 22 years,never broken the law, pay my taxes,look after my children , provide for them etc etc etc and think of the people less fotunate that is me .And im to blame for broken britain?

    I have one point to make if the benefit system is so wonderful then why are people worried when they loose their job?? why worry if their is this pot of gold waiting for them to access??? all in order for you to pay your mortgage,rent,food,holidays,credit cards,cars,hobbies,bar bill. Clearly all the lads and lasses who have lost their jobs at wrekin construction they have no need to worry as the benefits system will look after them for the short term and long term should it need too according to stuart and his ilk.Oh do not tell me lesser mortals cant play the system is the next argument.
    Think what your saying foor goodness sake.

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  28. 29
    Mikey

    To number one, You probably didn’t go to school either! I’m just glad I’m not living in your country.
    have nice day.

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  29. 30
    Stuart

    Andrew, if you read these comments carefully and the original letter – and we still don’t know in what sense it was written/sent, albeit, it appears to be meant as a swipe at the “abuses” and “all engulfing,” indiscriminate “nanny state”, you will see that it does not differentiate between the genuine cases of hardship/benefits and otherwise. It is the “otherwise” that I and many like me get very angry over.
    By your blanket criticism of the writer at your 19, yes, it is right to say that the kind of thinking and expression that you display is, with others of similar ilk, conducive to the situation in our country which has been rightly described as a “broken society”.
    When people put pen to paper and raise what to many are very important matters (irrespective of the standard of composition) and for others to call them “incoherent ramblings of a cowardly ignoramus” and “not very bright” merely because you don’t hold the same views, then things have come to a pretty pass.

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  30. 31
    Ticklemouse

    Stuart, I hope you’ve got a very small coach and some tiny horse. You may think you have a deep understanding of the financial crisis, but I doubt you have a fuller one than someone who works in the industry. The Root (and that word is key) cause of the financial crisis is exactly as I have stated, banking regulation is high, regulation of hedge funds/investment banking is considerably lower and the rules around how much a bank can lend (in comparison with the amount of money actually in deposit) was bypassed via the insurance loophole mentioned. The issue is not a UK based one alone although it affects us greatly, it is a global one because all banks are global and trade globally, hence lending in the US (to people who frankly shouldn’t have been lent to) impacts UK banks. When it comes to trading in the insurances that went belly up the banks are in each and one another’s pockets. Once the balloon went up they fall like dominoes as they’re in it together.Your insistance on blaming Brown for the cause of the Credit Crunch is wrong-headed – and more importantly it points the blame away from the guilty. Whilst you can question Brown’s decisions when it comes to banking in the UK and what he has chosen to do since (and probably should), you have singularly failed to understand the answer I gave was not to that question but rather to the one you asked – “give us the benefit of your knowledge of the … CAUSES of the credit crunch.”
    I stand by my comments – the letter makes these points :-
    For the ‘Ignoramus’;
    People who don’t have a lot don’t have a lot to lose (well Duh!)
    Benefit abuse is bad (well Duh again!)
    Brown is to blame for the Credit Crunch – No he isn’t although you can argue his intervention is just a drop in the ocean of the Ponzi scheme the banks have been running
    Brown is to blame for the Welfare State – No, at least no more than any of the other incumbents of No10 since 1945.
    For the ‘Cowardly’;
    Hiding behind anonimity
    To scared to follow suit despite apparent envy.
    For the ‘Incoherent Ramblings’;
    Please refer to original letter, although maybe I’ve over stepped the mark, perhaps I should just have put ‘Gibberings’.

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  31. 32
    Tony Lewis

    Peter,

    You claim that companies pay minimum wage whenever they can get away with it. I don’t see a great deal of difference between this country and Britain (after all this is BRITISH Columbia)….I must beg to differ on this point. As an employer the biggest obstacles (I face)in paying higher salaries are: taxes, government bureaucracy, high interest rates and the general lack of skills needed in today’s workplace.
    Our taxes are frizzled away in various “Holy Cows” such as health-care; education; social-services as well as well … welfare.
    Small businesses not only support their own employees but all of the above.

    Then there are the banks…. well at least our banks haven’t been bailed out by taxpayers… but they are not much help to the small business operator either.

    I know some business owners who have, in hard times, remortgaged their houses to pay staff… I don’t think for one minute that employees have an inkling as to how many risks and how hard it is to run and keep a business going.

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  32. 33
    Stuart

    Ticklemouse,you said, “I hope you’ve got a very small coach and some tiny horse. You may think you have a deep understanding of the financial crisis, but I doubt you have a fuller one than someone who works in the industry”.

    With a nephew who is the Manager of a very large Hight Street Bank in Swansea with whom I am in regular contact and also his father (my brother) who has lost thousands out of this little lot – again with whom I have many tete a tete’s, I prefer to stick with my version of events rather than the ones you mention.
    Essentially, the banks “ran amok”, it matters little about “loopholes” etc, the fact was that there was little or no supervision of the regulations – if indeed regulations existed.
    Are you another one that prefers to disregard the fact that Brown totally reorganised the regulatory mediums of banks etc when he took office and, having done that and brought about the FSA with the express intention of regulating banks/banking, both he and Blair told the FSA to only “lightly” and I emphasise that word “LIGHTLY” regulate etc. That is a matter of record, indeed, Blair said that “over regulation would stifle the economy”.
    Had those regulations been enforced, or drawn up with a heavier hand, banks would not have been allowed to be so irresponsible. An example, one bank, I will stand corrected as to which one it was, I think it was The Bank of Scotland put 40% of their total invested capital into the American sub-prime market. Don’t say loopholes allowed that, lack of enforcement of regulations allowed that and Brown was responsible for the “LIGHT” touch regulations.
    All the remainder of your comments are wide open to argument, you also said,

    “For the ‘Cowardly’;
    Hiding behind anonimity
    To scared to follow suit despite apparant envy”.

    I notice your pseudonym, “Tickelmouse” rather than your proper name. By your token, “cowardly”, would you agree.
    Then, one is automatically to be labelled an envious “coward” for having the audacity to criticise something, albeit obliquely, that many millions of other people are just as likely to criticise. I would not imagine the writer to be in any way “envious”, scared to follow suit or cowardly. In my opinion, I would imagine he is a somewhat angry person who in no way wishes to “ape” the welfare abusers in our midst but merely has a somewhat eccentric way of bringing his anger and frustration to notice. He is entitled to do that without abuse, albeit, it totally threw some of the less “bright” who couldn’t see the wood for the trees.
    You will forgive me if I end our our little chat here, we will never agree and I prefer to remain with those who think an apology from Master Brown is long overdue for the disaster he has caused.

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