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About DonPeffers

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    Learning fast

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    Factory built 2013 Red 2.0L Zetec Blacktop

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  1. DonPeffers

    What hope for Brexit negotiations?

    17 Dec 2018 https://www.express.co.uk/news/politics/1060106/brexit-news-robert-peston-theresa-may-david-cameron-adviser-no-deal "BREXIT BOMBSHELL: Cameron unmasked as May's SECRET advisor - 'a symbol of CATASTROPHE!'" What could possibly go wrong?
  2. DonPeffers

    First post

    Welcome from sunny, cold Scotland. Great story and glad you got your car. Enjoy.
  3. DonPeffers

    Car stuck in tree.

    https://www.bbc.co.uk/news/uk-england-shropshire-46583894 Shrewsbury crash leaves car vertical in tree.
  4. DonPeffers

    Portmanteau words

    Just noticed Brextremists.
  5. https://www.independent.co.uk/news/uk/politics/eu-refugees-migrants-crisis-quotas-legal-challenge-hungary-poland-slovakia-dimitris-avramopoulos-a7932376.html "EU threatens to sue member states for not accepting their quota of refugees." This threat goes back to Apr 2017 https://www.thetimes.co.uk/article/take-in-migrants-or-leave-eu-tells-hungary-and-poland-rscwfgtwn Hungary. https://www.ft.com/content/a0268234-fd59-11e8-aebf-99e208d3e521 ‘Slavery law’: Hungary set to pass widely criticised overtime bill. The draft bill, which is expected to pass, would increase the amount of time that companies have to compensate employees for overtime work from one year to three years. A recent poll by the Budapest-based think-tank Policy Agenda found that 83 per cent of Hungarians oppose the law. Given the three-year remuneration period, there was a risk that companies could go bankrupt before employees were paid for overtime work. France. Paris in flames over austerity and fuel price rises. https://www.mirror.co.uk/news/world-news/paris-riots-eiffel-tower-closed-13702966 Germany. https://www.businesstimes.com.sg/government-economy/german-growth-momentum-evaporates-as-manufacturing-orders-shrink German growth momentum evaporates as manufacturing orders shrink. Italy. https://www.investopedia.com/news/all-about-italian-economic-crisis-2018/ National debt over 100% GDP plus austerity ongoing. Government wanted to ease austerity and create more public spending but EU insisted on austerity budget. A very sad event in August with the Morandi bridge collapse and deaths. Meanwhile EU leaders want a European army. The cost is as yet unclear but will mean higher member contributions so UK £11Bn net p.a. likely to increase after Dec 2020 when next 7 year budget decided, if we are still in transition and still due to pay. The £39Bn divorce bill only takes us to Dec 2020 and includes contributions due as well as planned EU road improvements, pension contributions and loans to Ukraine which is not in EU or NATO. Unusual that EU wants to spend funds on an army when most EU Countries DO NOT meet their NATO defence spend commitment of 2% GDP. In 2017 Germany's NATO spend was 29BN euros short!!!! https://www.thesun.co.uk/news/6745786/nato-contributions-country-who-pay-most-least-2-percent-gdp-target-trump/ with only UK, Estonia, Greece and Poland meeting the required 2% commitment. The trouble with very senior politicians in all countries is that they are so far removed from any consequences they are about as much it touch as Marie Antoinette.
  6. DonPeffers

    Spaceship Two rocket flight today.

    Later found out paying tourists not on board for this flight but it did reach 82.7km altitude, edge of space, while carrying NASA equipment payload equivalent weight to the passengers that will be flown later. I'd read in October that Virgin Galactic was weeks away from taking tourists to space but yesterday's flight was not it.
  7. Today 13 Dec 2018 http://www.cityam.com/270522/richard-bransons-virgin-galactic-tourist-spaceship-touch Richard Branson's Virgin Galactic tourist spaceship to touch the edge of the world in today's test flight. Paying tourists travelling to altitude of 80km.
  8. DonPeffers

    Pro cycling teams/changes.

    12 Dec 2018 https://www.thesun.co.uk/sport/cycling/7958463/team-sky-pull-funding-chris-froome-geraint-thomas/ "SKY FALLS IN Team Sky facing extinction putting Chris Froome and Geraint Thomas potentially out of work after Sky pull £30m funding amid drug scandals." New owner Comcast not continuing with sponsorship and new sponsor sought to cover teams £35 Mn yearly budget. ALSO in other news 11 Dec 2018 http://www.cyclingnews.com/news/mclaren-power-into-cycling-with-bahrain-merida-joint-venture/ "McLaren and Bahrain-Merida have announced an exciting joint venture from the start of the 2019 road season with the overall aim of becoming the most successful team in professional cycling."
  9. DonPeffers

    Nuns with bad habits.

    11 Dec 2018 https://news.sky.com/story/bad-habits-two-nuns-embezzle-500000-for-las-vegas-casino-trips-11577675 "Two nuns have admitted embezzling about $500,000 (£396,000) from the school where they worked and spending it at casinos in Las Vegas." This is just like the script of 1990s surreal Clerical comedy Father Ted where Ted has been banished to the desolate island parish of Craggy Island, until he repays the monies intended for sick children's trip to Lourdes, which he has spent on his own Las Vegas trip.
  10. DonPeffers

    What hope for Brexit negotiations?

    https://www.yorkshirepost.co.uk/news/yanis-varoufakis-warns-uk-is-heading-for-dog-s-brexit-1-9126301 I don't love Brexit; just the phrase 'a dog's Brexit'. If we don't get out now and EU alters constitution to remove article 50 we will never be able to leave.
  11. DonPeffers

    What hope for Brexit negotiations?

    https://www.telegraph.co.uk/news/matt/ cartoon shows Panto closing as cannot compete with Commons.
  12. DonPeffers

    Ready for the next financial crash?

    Surely training has already started with Universal credit and no money for 6 weeks (I think it's recently been adjusted to 5 weeks). 08 Dec 2018 https://www.bbc.co.uk/news/uk-england-london-46484217 Grenfell Tower MP calls for Universal Credit launch delay. MP Ms. Emma Dent Coad whose seat is home to Grenfell Tower has urged the government to delay next week's launch of Universal Credit in the area, saying it could leave survivors without income at Christmas. The USA Preppers have guns, unlike most UK ones. Ex-Goldman Sachs man Bank of England Governor Mark Carney and his colleagues have already provided an assurance to private commercial Bank Goldman (among others) of emergency liquidity via B of E in the event of a crisis https://www.independent.co.uk/news/business/comment/mark-carney-sends-goldman-sachs-an-early-invitation-to-the-next-bailout-party-10463118.html 20 Aug 2015. Will there be enough money left to honour the £85k FSCS protection pledge? Get those printing presses ready. ALTERNATIVELY----- ECJ says on 10 Dec 2018 UK can cancel Brexit and we just go on as if we had experienced the 'Bobby Ewing dead' episode of soap Dallas.
  13. DonPeffers

    2019 WSCC Calendar

    Justin, do you mean the mag or car?
  14. August 2007 Northern Rock started to get into serious financial difficulty. https://www.theguardian.com/business/2017/aug/02/day-credit-crunch-began-10-years-on-world-changed French bank BNP Paribas announced it was freezing the assets of hedge funds that were heavily exposed to the US sub-prime mortgage market. The writing was on the wall for Northern Rock from the moment the markets turned sour on 9 August 2007. For three days in the middle of September 2007, queues formed outside branches of the former building society – the first run on a UK high street bank since the 1860s. The Labour Government nationalised Northern Rock. In Feb 2008 financier Jon Moulton explained in a 60 minute C4 TV program that the public would be hearing a lot more about CDOs (collateralized debt obligations) and how stretched the Banks were http://www.channel4.com/news/articles/dispatches/how+the+banks+bet+your+money/1563152.html Lehmann Brothers collapsed Sep 2008 setting off the Worldwide crash. Today 07 Dec 2018 https://www.bbc.co.uk/news/business-46472578 Big Short investor bets against UK banks. An investor who predicted the 2008 financial crisis has revealed he is betting against the UK banking system. Steve Eisman, known for appearing in The Big Short, said he had bets against three UK banks, though he declined to name them. (Steven Eisman is an American businessman and investor known for having shorted collateralized debt obligations, thereby profiting from the collapse of the US housing bubble in 2007-2008. Wikipedia.) During the 2008 financial crisis, Mr Eisman worked for a hedge fund called FrontPoint Partners, and his bets against financial markets reportedly led the company's assets to double to $1.5bn. He now works for Neuberger Berman, with investment strategies that include positions in the UK and the US.---------------------------------------- With a financial crash happening usually about every 10 years there is one due and what better time than after 29 March 2019 Brexit deadline and with a bitterly divided country ready to blame each other rather than the financial system which allows 'shorting' in the first place? Start getting your supplies of tinned baked beans in now---we know Mrs May has.
  15. https://www.telegraph.co.uk/cycling/2018/12/03/paul-sherwen-former-british-champion-voice-cycling-dies-aged/ Fond memories of many of his races and commentaries. RIP Paul.

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