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Archive for the category “budget”

Osborne : Liar or Cheat?

Questioned on BBC’s Today programme George Osborne was asked if he would personally benefit from the tax changes on the wealthy he replied that he would be unaffected and implied that he gets less than the £150,000 per year.

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According to the best information I can find he has a personal fortune of £4 million. Now either he is lying to the nation or he has engaged in extensive tax evasion or tax avoidance schemes that he is supposedly against. So it would seem that we have as Chancellor of the Exchequer either a liar or a cheat running the finances of our country; surely he should be made to explain himself or better still resign.

Twenty two of the twenty nine cabinet ministers are millionaires so to expect fairness, equality and help for the less well off would be like expecting turkeys to vote for Christmas. Wake up Britain, rise up Britain, we deserve better than this. We need to pay off our debt; not the notional paper monetary debt, because almost every country in the World is in reality bankrupt but the debt of fairness and equality that we owe to ourselves, our children, our grandchildren and generations yet unborn.

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What Do They Expect?

Figures just out report unemployment has risen to the end of November by 49,000 to 2.5million. The number of 16-24 year olds out of work is at the highest level since records began. These figures are just the beginning with the effects of the VAT rise and public sector redundancies yet to come to fruition along with reductions in benefits and pensions.

The current bunch of boys playing at government with their half baked, half thought out ideas appear at first glance to just be idiots but I’m beginning to wonder. The Torys have always liked to have high unemployment as it tends to keep wages at low levels thus creating more wealth for their business compatriots. Changes planned for the Health Service will eventually cost far more than the suggested £3bn but will virtually privatise the NHS with vast profits going to you know who. Education will be similar.

Of course, paying off the necessary debt that the country has, at such a reckless rate will undoubtedly mean that come the next election, in about four years time, there will be quite a bit of cash sloshing around in the nation’s coffers so that ‘the boys’ will feel happy to bribe the electorate with gifts from on high. The expectation being that voters will reward them with re-election. As the public so quickly forgot the eleven out of thirteen years under Labour, of vast improvement in public services and exceptional improvement in living standards it wouldn’t surprise me if the ruse worked.

 

Money to burn in UK

The financial cost to the UK of the Iraq & Afghanistan invasions have now passed £20 billion. That figure does not include the wages of the troops and neither does it include the ongoing cost of caring for the wounded who must now be in their thousands although detailed figures are not released.

We are of course, still in Afghanistan with troops numbering over 10,000 and so the cost is ever increasing and not just the financial cost with the numbers of the military killed now reaching 300 wasted young lives.

As has been said by many people, not just me, this escapade cannot be won so if you find yourself in a hole the first thing to do is stop digging. We will get out eventually without a satisfactory conclusion, so why not do it now and save enormous sums of money that we cannot afford and lives too. Perhaps then it will not be considered so necessary to impoverish so many of our own citizens.

Bosses Back Tories – Now There’s a Surprise!

The bosses, all of them on over a £1million salaries, of some of the UK’s big businesses back the Tory plan to cut the increase in National Insurance contributions, calling it a ‘Tax on jobs’.

Well it is a tax on jobs or rather, a tax on each person employed but let us put it in perspective for goodness sake. It amounts in most cases to less than a fiver per week per employee and if a company paying out over £20,000 per worker can’t afford an extra fiver then either that company is in deep doo doo and unlikely to survive anyway or they fear having to cut down on executives bonuses or a tiny reduction in shareholders dividends. Either way it’s no reason to cut this small increase in order to help pay off our national debt and help to maintain our public services.

By the way, these business leaders are probably made up of the same leaders who squealed in 1997 at the very mention of a National Minimum Wage, crying that it was a ‘tax on jobs’ and would bring about the downfall of the whole economy. It didn’t though, did it?

Poverty… Why?

A report out recently shows that the gap between the richest in Britain and the poorest has widened. I can’t say that it surprised me. In the usual and expected politician double speak Gordon Brown said “The report illustrates starkly that despite a levelling-off of inequality in the last decade we still have much further to go.” No Gordon, it didn’t say a ‘levelling off’ it said ‘widened’. We have indeed got further to go, in fact we actually need to make a start.

Those that know me often say that I lay the blame for almost all of the ills in this country at the feet of Margaret Thatcher, including this severe winter. Well, she did waste the windfall of North Sea oil and closed down 300 years supply of coal but that’s another story. What Thatcher did, very cleverly, was to break the strength of the Trade Unions and at the same time make the working population believe that this was a good thing. She then set about selling off most of our publicly owned assets such as our gas (remember ‘Tell Sid?), electricity, water and railways. She knew perfectly well that shares would largely end up with the financial institutions but fooled many into believing that they were ‘part of a share holding democracy’. Above all she put the notion of individualism, get what you can for yourself and the devil take the hindmost into the national psyche.  In 1997 the nation with a collective sigh of relief elected New Labour with most not realising that Tony Blair was but a toned down Thatcher with a smiling face. The result being that the inequality gap has widened still further.

The Labour Party was originally brought into being by the Trade Unions to fight for the rights of it’s members and to bring about a more equal and fair society and forced through enormous benefits, the National Health Service being just one example. The (New) Labour Party of today has morphed into just another wing of the capitalist system that lies at the root of all our ills. The budget of yesterday, despite the crying need to balance the books, made it easier to buy a house and saddle the working population with a life long mortgage around their necks and thus restricting their ability to dissent.  In addition this reliance on house prices ever increasing, played a large part in the recent economic crash and yet the Chancellor encourages more of the same.

So is it ‘Time for Change’ and bring back the Tories? Definitely not, New Labour is still the lessor of the evils but an evil non-the-less and although it’s perhaps worth voting for Lib Dems where they have a chance, real change will only come about when the people accept the hardest thing of all and realise that they have been duped for several generations and rise up with one voice and demand a new way.

The Budget

There can be little doubt that the Government should have seen the crash in the banking system and the housing market along with the approaching recession long ago. That though is now history and yesterdays budget was probably about the best that could be done in the circumstances.

There does seem to be however, a failure of government to recognise fully the seriousness of the situation and therefore a failure to make savings where they could easily be made and a failure to look at the bigger picture. For example, they could have cancelled the ridiculous I.D. Card scheme which is estimated to have a price tag of £15billion. This nation does not need two gigantic aircraft carriers at a current estimate of £6billion and defence estimates usually double by their completion. Equally we do not need to replace Trident nuclear submarines at even more billions of Pounds. We do not need either, to be fighting a futile war in Afghanistan at vast cost in cash and lives.

Virtually every household in the UK will be looking at where savings can be made and Government should do nothing less.

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