We are now about to enter another fase of this utter political nonsense. That bunch of over grown school kids, pretending to be grown ups, have found another playground game of swapsees to play. Only this time it's with your pensions and other investments and savings. They are going to Tax you even more and then that money is for didtribution in Africa and othe poor nations, such as India and places East in Asia that needs your Tax money to buy food and other things such as clothes and school books. But never mind, you can afford it.
I remember the start of this, back in the beginning of the 1970s. I read in the Herald Tribune, a report about the American auto Industry building a production plant in South Korea to get the locals to assemble cars. It was then noticed that while the locals were very good at this, they were not able to earn enough money to buy the goods they produced. So, up went their income so that they were able to join the rat race and acquire all the habits of the modern society. Borrowing and spending. So that the production line was never still. And the Banks had customers queuing up to borrow money at a price.
And again, in 1975 when there was just one Bank in London that got out of hand and had to be rescued by the Bank of England and the Taxpayers. Even then, safe-guards were put in place to prevent this happening again. Only Gordon and the Treasury plus Blair, removed the restrictions and let the Bankers loose again. I suppose it was in return for the Political funding they received.
Well, this time the final say on any of these "new Taxes" , plus allowing the European Central Bank to lay down the law, should only take place if the British Taxpayer agrees. After all, it is their Money. I think the British Taxpayers should take complete control of direct Taxation and introduce a return to the local economy. Paying direct Taxation to the County Council. (Sorry about this, but I have to take a break for now. The wife wants to go shopping, that will take about two hours so back about 10:30 AM.)
Regards for now, ATFlynn, "Norfolk's Mutineer"