Freethinkeruk’s Weblog

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Archive for the tag “budget”

Osborne and The EU Bill

The trouble with posh boys from Eton is that they think the rest of us are stupid. Well, Osborne, if you think we believe you got the £1.7bn bill halved then you are the stupid one.

I know you haven’t any qualifications in finance so let me help you out. EU Bill = £1.7bn OK? Annual rebate from EU = £850 million, still with me George? Use the rebate to pay some of the bill and you’re left with a Bill for £850 million, keeping up George? So the Bill hasn’t been halved as you say, it’s just that you’ve actually paid half. No? Haven’t quite got it George? Let me go through it again a bit more slowly……………

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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.

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.

Budget Winner!

Most of us of course are going to suffer somewhat from the budget, most of us through increased taxes and some, sadly, with their jobs.

Isn’t it good though when you read that someone is going to be much, much, better off as a result of the Chancellor’s largess? So who is this, a pensioner, the unemployed, cancer charity, the homeless? No! None other than Prince Charles who will now have the expences of an office that he set up for chwPrinces Harry & William off set against tax. This office is little more than a PR outfit to promote their standing with the public. Although they only performed a few dozen appearances in the last year this office costs hundreds of thousands of Pounds per year which is now to be paid by us the taxpayers.

Still happy?

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.

Budget ‘U’ Turn

Changes to income taxation rates commenced in April this year meant several million of the lowest paid faced an increase in taxation. Following mounting criticism, changes have been announced that will reimburse almost all those who have lost out. The cost to the Exchequer will be £2.7bn and will be financed by borrowing!

The cost to the UK of fighting in Iraq and Afghanistan for this year alone is estimated to be £3.297bn. Source

I don’t need to point out the link between these costs do I?

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