Brendan Burgess
Founder
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I don't understand why the government has got stuck into the waste management companies and yet adopted a completely hands off approach to mortgage rates?
Hi IN ALL FAIRNESS, couldn't agree more with you. The everything for free brigade have latched onto the bin and water charge debates big time because they get their support from the people these affect most, the working class. If they knew they were getting decent support from the people affected by the SVR issue I'm sure they'd help co-ordinate a public campaign on our issue too. Of course they don't as you say want to upset the banks profits before sales of them and as todo says earlier in this thread the silent majority ARE to blame also, not just central bank and government inaction. Just to let anyone who is saying oh tonymacs a member of a party or an activist I'm not.If the govt put in place a 2% over ECB rate cap on all mortgages (excl fixed/trackers) and agreed to reviewing the reprocession rules, there would be uproar from the banks, but it would have been accepted as being reasonable and life would move on and everyone suffering from the current svr fleecing would benefit.
This would give the banks and customers certainty for the future.
So far we have seen water charges and now bin charges capped, but the largest expense (a multiple of the other two combined) is left to the banks (who were bailed out at the expense of the whole population) to make super profits.
I don't understand why the government has got stuck into the waste management companies and yet adopted a completely hands off approach to mortgage rates?
I don't understand why the government has got stuck into the waste management companies and yet adopted a completely hands off approach to mortgage rates?
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