Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Monday, 9 April 2012

Caveat Emptor

  Something in my soul jibes at being cheated. It first came to my notice as a young teenager that people would try and put one over you if they could, and you let them. I'd saved my paper round earnings to buy a bike from a lad down the road. It wasn't a fantastic bike, it only had 3 gears, but it was a lot better than the one I had before. I negotiated a price with him, and once I'd saved enough money I went to buy the bike.
  As I rode away from his house I noticed something wrong; I couldn't change gear. It soon became apparent that I'd been cheated; that he'd swapped the rear wheel. I turned round and pedalled back to his house my temperature rising a point for every yard cycled.
  He was waiting for me with a grin on his face. He told me I'd bought the bike sold as seen and it wasn't his fault if I didn't check before I handed over the money. All very true, but it wasn't in the same condition as when I'd checked it over a month before when I agreed to buy it. 
  After a short period of negotiation, which consisted of me hitting him, he agreed to put the original wheel back on. I cycled happily away for the second time on my new bike having learnt a valuable lesson. 

Read more »

Thursday, 9 February 2012

Does it add up?

    So the Bank of England has decided in its wisdom to inject a further 50 Billion pounds into the UK economy. Will that make your life easier? Will it make my life easier? Will it help get the economy moving again? 
    I suggest the answer to those questions is a resounding no.
    Now the adult population of the UK is considered to be approx 51 million. How about if the Bank of England gave each and every one of those adults a million pounds straight into their bank accounts. 
    What a way to get the economy moving that would be. Furthermore it would only cost a fraction of what it's costing now. Will they do it? No, of course they won't. 

Read more »

About

Is there anybody out there?