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Boy George (George Osbourne) - Wants Even More.


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What do you expect?

 

If you wanted lower taxes and reward for entrenpeurs then you should have voted conservative.

 

If you wanted higher taxes, then why vote Labour? they are known for tax and spend, so you can't complain when we now have a government that tax until the pips squeek to spend on silly left wing pet projects such as the EU and foregn aid

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What do you expect?

 

If you wanted lower taxes and reward for entrenpeurs then you should have voted conservative.

 

If you wanted higher taxes, then why vote Labour? they are known for tax and spend, so you can't complain when we now have a government that tax until the pips squeek to spend on silly left wing pet projects such as the EU and foregn aid

 

Oh God, another semi-literate post from the right wing.

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"George Osborne is pressing for state benefits to be frozen for two years as he struggles to find a further £10bn of cuts in the welfare budget.

 

The move provoked controversy yesterday amid warnings that such a policy would harm the most vulnerable. The Treasury argues that benefits, which increased by 5.2 per cent in April in line with inflation, have been rising faster than wages, reducing the incentive for the jobless to find work."

 

 

Angel.

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That's a good point but I always felt comforted that their colours were like my dreams. Given some of the outlandish dreams I have it gave a sense of continuity which can only be a good thing in a changing world.

 

Well spotted, but seeing as he did claim he was a man without conviction for a bit of naughtyness, do you think he is capable of stealing lead from the roof of the church of a poison mind? Just a thought.

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How many millions this time.

 

Chump change.

 

Considering the trillions in debt we've run up (or are obliged to pay out on), he should just give up and let the country go where it is seemingly hell bent on going, to the dogs.

The £5 TRILLION burden of state sector pensions: Laid bare for the first time, £180,000 bill facing every family in Britain

 

Our state pension system is the world's biggest pyramid scheme. And like all pyramid schemes, eventually you run out of new members.

 

Anyhoo, back to the financial train wreck that is the UK

 

True level of UK government debt exceeds £5 trillion

 

UK's total debt forecast to hit £10 trillion by 2015

 

Despite so-called "austerity" our debt burden carries on growing:

 

UK public sector borrowing hits record high of £14.4bn

 

UK public sector net borrowing was £14.4bn in August, the Office for National Statistics has said, the biggest deficit for the month since records began.

LINK

 

We borrowed (and spent) more in August 2012 than any other August in the history of this nation.

 

And some on here still have the bare faced cheek, the shameless audacity to bleat on about "cuts" and "austerity".

 

Hells bells, we could certainly do with some right about now!

 

Record monthly deficits, a record national debt (unlike some, I do know the difference between the two) and trillions in unfunded obligations.

 

Just what is an unfunded obligation? It's really quite simple.

 

It's a spending commitment (like pensions) for which the country has to pay out on, but for which it has f*** all money.

 

£5 trillion of f*** all money in the case of public sector pensions.

 

But those people are out there, they will retire. They can't live on fresh air, nor will they all suddenly die at 65 in a bizarre reverse version of Logan's Run.

 

 

As Moneyweek recently put it

 

In all recorded history, no country has ever recovered from the financial position we find ourselves in today. No government has ever been able to reverse this trend.

 

We either debase the currency to nothing trying to pay our bills or go bankrupt and tell our creditors to get stuffed.

 

Iceland took the latter approach.

 

Iceland’s Economy now growing faster than the U.S. and EU after arresting corrupt bankers

 

Who'da thunk it?

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