Blog: Mel's Muse - Related to Debt
Bank Of England Bail Out Versus House Repossessions 2008
Posted: Monday, 20th October 2008
Now I’m not an economist, and neither do I read economist reports. But I am a human being! And it seems to me that it’s not difficult to see a great injustice going on in today’s troubled times. What’s even more galling is that wherever you come across it, there’s always someone benefiting from injustice. With apologies to Matthew 18: 23-35 in the New Testament – see what you think:
THE PARABLE OF THE UNMERCIFUL BANK
There was once a Prime Minister who wanted to settle accounts with his banks. As he began the settlement, a bank which was several billion pounds adrift was brought to his attention.
Articles on related themes: Current Affairs; Debt; Life, Faith & Other Stuff
Credit Crunch: The Personal Pain And Gain
Posted: Wednesday, 24th September 2008
Related Posts: Ten Tips to Stay Free From Debt; Ten Tips To Get Rid of Debt
EFFECTS OF THE CREDIT CRUNCH
Watching the UK’s Channel 4 TV programme Dispatches on the human cost of the credit crunch was heartbreaking. First there was the man (Jamaican, I think) who’d worked all his life on the buses. Masking his emotion with a big, beaming smile, he told us that he had never imagined that retirement would be so frightening. He indicated his gas and electrical bills. They terrified him, he said.
Then there was the single mother, wanting to do what all mothers want – to give the best to her children.
Articles on related themes: Current Affairs; Debt; Life, Faith & Other Stuff
Ten Tips to Get Rid of Debt
Posted: Monday, 22nd September 2008
Related Posts: Ten Tips To Stay Free From Debt
CONSUMER BORROWING ON THE RISE
In an article I wrote in 1988 for a popular women’s
magazine, I stated that the UK newspapers spoke of
‘record sales’ and ‘predicted that
as a nation we were heading for bankruptcy’. Bank
lending had risen from £560million in 1970 to £15,002
million in 1984 and in the last four years of that period alone,
credit card lending had ‘leapfrogged by 158 per
cent’.
Articles on related themes:
Debt
How We Little People Can Change Big Bank Pay-outs - Open Letter to Lloyds TSB
Posted: Friday, 19th September 2008
Mr Eric Daniels, Lloyds TSB Chief
Dear Mr Daniels,
PLEASE CLOSE MY LLOYDS TSB ACCOUNT WITH IMMEDIATE EFFECT
I see, from my Daily Telegraph today (and trust that this is accurate) that subsequent to your takeover of the failed bank HBOS, you are planning to give Mr Andy Hornby, the failed CEO of HBOS a £2 million stake in Lloyds TSB. I had no objection to the former before the event, but I write now to tell you that I strenuously object to the latter.
May I remind you, Mr Daniels, that I have banked with you for the past twenty-six years.
Articles on related themes: Debt; Current Affairs
Ten Tips To Stay Free From Debt
Posted: Monday, 15th September 2008
Revised: 10th December, 2009
The article that follows was written more than a year ago, when the true story of global recession was only beginning to unfold. Now, nearly fifteen months later, governments of all nationalities face unprecedented levels of indebtedness. And levels of unemployment, we’re told, are still set to rise. If you are one of the millions who face a drop in income and a squeeze on your finances, read on. These ten tips are designed to help you stay debt free.
Articles on related themes: Debt
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