Tuesday, 10 July 2012

European Pensions for the Elite Few

So the European Court of Justice as ruled that retired E.U. Eurocrats only have to pay 8% tax on their pensions instead of the prevaling income tax in their country of residence. Pensions paid from the taxes of mostly much lower paid and higher taxed tax payers.  Presumably the same rule will apply to the pensions of the Judges who came up with the this Land mark decision.  Rules most people have never hear of made probably 50 years ago giving preference to a small Unelected elite minority who now control the lives of hundreds of millions of European citizens.

With European leaders pressurising the peoples of Greece and Spain and other countries in financial difficulties to tighten their financial belts and most countries have brought in austerity budgets to reduce their deficities this decision does strike of hypocricy. But then these kind of decisions are what we have come to expect from a European Parliament out of touch with most of the citizens of Europe.

When most people are struggling with their ever tightening every day budgets, reading of this kind of extraordinary excess for an elite minority - along with all the rules and red-tape issueing from Europe - makes the thought of Britain staying in the European Union more and more distasteful.

Anyone old enough who voted on the issue in 1975 may remember Harold Wilson promising a better future for the British people by being part of the Common Market. Most voters assumed this to be a trading block not what we have to-day - a Political Union of the States of Europe, run by unelected unaccountable officials seamingly for their own convenience. Anyone under about 50 has never had a chance to have their say on the issuse which is blighting the lives of so many ordinary people.

 http://www.harvard-digital.co.uk/euro/pamphlet.htm

The sooner the politicians in Westminster let the British people have their say in a referendum the better for the whole country.




Thursday, 5 July 2012

Bankers ??

From the fiasco of the Banking crisis now the Libor rate fixing, the miss selling of various banking "products", it doesn't seem likely that the economy will rise from the ashes any time soon.

Huge Banking bonuses for moving money from one hand to the other in a slight of hand more akin to the stage than the once reliable British banking industry.

All the fancy names for the services offered by banks can only be intended to blind the public with science.  Quantive easing is Printing money - reducing the value of savings and pensions of those who have worked and been conciencious for their future. Payment Protection Insurance, Business interest rates swaps - are all devious ways of cheating the gullable public out of their money and tying up the publics' and business's assets.

How are small business ever going to revive and help to pull the country from the quagmire of the Labour years? What is the point of employing new staff when the future is still so uncertain after two years of a new Government and taxes and imposed for creating jobs.  With Media and especially the BBBC constantly pushing the Labour and Union line what chance have young people got with such an atmosphere pervading, with the current deficit and the Country's huge debt hanging over their futures.

It is time for politicians of all parties to be held personally responsible for the condition their actions leave the country in when they leave office. The backbiting that goes on in Parliament and through the media is reminicent of kids in the playground, with the obligatory Bully in the picture.