And now we know Osborne and his advisors have no common sense or knowledge of the construction industry in general..... .....2.9billion of extra cuts (a dewdrop on the nose of the deficit) and ultimately he will direct it for use on large building projects, meaning infrastructure.......IE roads. They simply do not comprehend that roadbuilders / engineers are a specific type of worker in the construction industry; which in relation to other personnel are a relatively small number. Therefore the spend he proposes will do very little to energise building in general, which is where the input is required....To get the economy going, the country needs the population to put their hands in their pockets; not roadbuilding and civils funded by central and local government or other sources of investment (PFI by another name)..... How the hell Osborne etc reckon building a new power station at Hinkley will generate growth in the Building Industry, god knows. I bl**dy well despair of them.... PS Pete: I never mentioned 'Armageddon tomorrow' or 'mass suicide'......All I am pointing out is that the downward spiral of degradation of society (which involves virtually everything) is unstoppable.......The UK will probably be a 3rd world country by the time I kick the bucket. AL
The fact is, we live in a democratic society where we, the people elect our decision makers. They then have a mandate to levy whatever taxes they see fit (or otherwise). If we, the people consider the levy to be too much, we simply vote for a party declaring a more moderate tax level. The government must weigh up the need to raise revenue against the desire to govern in the next term. It's quite simple. If you're not happy with the policies during the term, tell your MP, petition the PM, or start your own political party. Then, next time when they need your (the people's) vote, those views should help form the policies for the next term. Or start a revolution, one or the other
Cyprus rejects the bail out! Apparently there were NO votes for it. Now this is getting really interesting, perhaps a Russian bail out? Markets are going to be well spooked tomorrow! An old one rehashed: Angela Merkel arrives in Cyprus and the immigration official asks; "name and nationality?" "Angela Merkel, German" Occupation? "No, not yet, not yet"
You know your right, it reads that way...what I tried to say, and did not articulate in a separate paragraph, so as to avoid confusion, is that a lot of people are frightened of keeping money in banks. If you have property, then in theory you have equity, cash deposits in banks just do not sound as secure in some of the circumstances we have witnessed.
I did some computer work for a guy today who is retired and lives between Uk and Cyprus. He said his neighbour is a top accountant in Cyprus and gave him the nod 2 weeks ago that this had been rumbled around in Political circles and he moved all but £100 from his accounts out there. His implication was that anyone with financial or political sector connections out there had a good idea this was coming and moved money out.
But once again Pete pulls others arguments apart and answers none of the questions posed to him, yet expects others to curtail and join his view. Not sure about winning people over, more have a closed ear to others views and never admitting other paradigms are as valid
