| The Chancellors Debate en masse. |
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| Written by Andrew |
| Friday, 02 April 2010 10:26 |
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Don't they get it?
Vince Cable slightly gets it but only wants you to keep £700 pa more - How about £7000?
George Osborne gets it a little but has far more friends to keep happy from your tax than Vince Cable.
Alistair Darling doesn't get it. It's his mess, he wants £700 more tax off you so after ten years of stagnation he can say, 'I told you I was right!'
In the meantime the country goes down the tubes, you are out of your home and job whilst wasteful bureaucrats lap it up in their comfortable homes with their index linked pay and pensions. Who is greedy and selfish? The Party Faithful, the Aparatchicks, the Least Efficient. The Cult of Helping Oneself. Its commonly called theft with menaces.
Whilst people are struggling to pay their bills and stay in their homes and Banks won't lend them more debt and still nothing is working. The only logical options to reduce the burden is to cut Income Tax in half until the economy recovers. Notice if you had less tax to pay you would have more to spend and need to borrow less? Jobs would be generated in huge numbers and the effect would be sustainable.
Some bright banking spark thought.. "Let's tax people more, then they have to borrow from us.."
The golden rule still applies:- ALL taxes eventually end up in the pockets of the Bankers. Bankers control everything, produce no new wealth and answer to no one. Banks have not made a penny in the last 100 years. Banks have always taken more in bail outs that the profits they generated. Is that a 'Fair' society? If it's that out of whack at the top why are you surprised it's so out of whack at the bottom? Sell off Banks to the responsible Bank that didn't get hit by the crisis, take back the money we loaned them that they are hoarding and make new Banks put up a Lloyds of London style bond over each bankers personal wealth, plus remove the taxpayer as lender of last resort and reduce the Fractional Reserve Ratio to 5. This is the amount a Bank can multiply any deposit taken to lend out. Currently £1000 deposited can be turned into £10,000 of commercial Bank money. See 'Money as Debt' on YouTube. Paul Grignon's famous film. It's a thriller/comedy/whodunnit/wheepie.
Banks want your tax in order to pay off the debt they ran up but we got stuck with paying. How is that healthy? Put them to the free market, that will stop their excesses and remove the Taxpayer as the lender of last resort.
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