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Rascal

Saints
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Everything posted by Rascal

  1. Thanks. I noticed Antrin. Strange! Have emailed both clubs but so far no response. Thought it might just be my inability to find the link.
  2. Lightning quick and looked interested
  3. Are tickets for the Montrose match on sale yet?
  4. Finished up with a pretty big turnout of Saints Fahs SantaP
  5. Might well be Warrior if we hoped to bring in some money by selling him.
  6. A welcome reminder. I hope things work out for the young man. Nothing wrong with political debate. Happy to throw my bit in on the politics thread from time to time.
  7. Bobby? More seriously. Good luck to the young lad. Personally, I thought he could do a job for us. However , as others have pointed out, we seemed to do well without him this season and now we have some cash.
  8. And the manager stands or falls on his judgement.
  9. I worked in the mortgage and financial sector from 1966 to 1992. During this time the government actively encouraged home ownership including (as mentioned before) tax relief on mortgage interest and life insurance policies plus no capital gains on the sale of your main property. Lenders advanced a basic level without guarantee that might be around 80% or so of value or price, whichever was the lower. Wage multiples were 2 to 2.5 times the males earnings. In the early 70s a major change took place when joint incomes started to be taken into account….that meant the the woman’s wage helped to extend the amount that could be borrowed. Thatcher encouraged the sale of council houses at highly discounted prices and together with lenders ensured that guarantees were in place. 100% loans became almost commonplace. Banks and building societies couldn’t raise enough funds to satisfy demand. Lenders had mortgage quotas. I know , I ran 10 branches each of which had their own allocated amounts. Lenders pressed the government to deregulate and allow them to access on personal savings to increase the supply of monies to facilitate growth. Lenders extended multiples to 4 or 5 times earnings. Some offered 120% mortgages . All of which was based on the premise that whatever the interest rate, property values were growing faster making it a net gain on an annual basis. They did and laid the foundation of the future financial catastrophe. Meanwhile government decided to withdraw the tax relief on mortgage interest and life insurance. They haven’t taken away the exemption from capital gains tax yet! Anyone with an elderly relative who needs to go into care will recognise that their home is very often taken into account when assessing payment. Sorry guys. Various governments hands are all over the policies which led us to this point. IMO. However, I agree that people seem to expect more, sooner and without fully understanding the impact if things go wrong as they often will.
  10. A lot of sense in this but not wholly accurate, I suggest. For a long time the government allowed interest charged on mortgages to be used to reduce income tax due and did the same with life insurance policies. Changes in these led to tax creep where income tax rates are not raised but tax gathered is increased. Private pensions have had changes in tax treatment. These decisions were taken when borrowing for housing and funding needed started to exceed 40% of debt within the country. Now higher I expect
  11. I have to agree. Well worth clicking through to Facebook on the link
  12. You know the answer, but do you know the question it's answering? The meaning of life, the universe and everything. Super Computer needed to work it out was picketed by philosophers who demanded designated areas of uncertainty. As I recall
  13. Some info on Links Park https://footballgroundguide.com/leagues/scottish-spl-premier-and-football-league-clubs/scottish-league-one/montrose-links-park.html
  14. Haven’t been to Montrose for a very long time so happy with that. Cowdenbeath is a tip however. Glad to avoid going to both Forfar and Arbroath.
  15. His form has certainly tailed off post World Cup
  16. Don’t disagree. He is a very talented player.
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