£100 BILLION Bankrupt Britain Report

beingjdc

donaldtramp wrote: »

The European commission stated that Britain is facing a deeper recession than any other major European community or the US or Japan.

The European Commission is bitter that we didn't join the Euro.

We're doing badly, but over the last quarter we did less badly than Germany, and pretty much the same as the Euro average. Japan are expected to release their numbers at midnight our time, and they're expected to be worse than ours too.

Taking the big scary number spent on social benefits and saying it's meant to be a safety net is rather misleading. The state pension and child benefit were never meant to be safety nets, they were meant to be for everyone.

Rochdale_Pioneers

beingjdc wrote: »

The European Commission is bitter that we didn't join the Euro.

We're doing badly, but over the last quarter we did less badly than Germany, and pretty much the same as the Euro average. Japan are expected to release their numbers at midnight our time, and they're expected to be worse than ours too.

Exactly. "Britain will do worst" says Brussels. Then our -1.5% Q4 figure ends up looking pretty good compared to the rest.

amcluesent

An another £7B disappeared last week from HBOS/LLoyds forced-marriage arranged by Clown.

It's easy to work out that at net-present value some £500,000,000,000 has been stolen from the middle-classes by Blair/Clown; the fools who believed the socialist lies and spin in 1997 deserve to be paupers for generations. And it looks like they will be!

The only options now are further devaluation and inflation to erode the debt, both public and private. In the short term, that may mean bond sales collapse.

The only source of ready cash is the savings of the middle-classes, which Clown would love to steal and squander.

donaldtramp

The only source of ready cash is the savings of the middle-classes, which Clown would love to steal and squander.

Savings???
Bungler Brown is already having a good go at mine. Courtesy of the base rate drops I'm not even matching inflation at the moment and that's before he shafts me for tax on the pitiful percentage return I'm getting.

What is the point of trying to do well for yourself in this country?
Might as well join the millions of folks on benefits, money for nothing, rent paid, Council tax benefit, public services paid on your behalf (health service, defence, pensions schools, roads, prescriptions paid, etc etc etc) ,
just crack open a special brew and breed like rabbits.

Doesn't look that hard.

chewmylegoff

brightonman123 wrote: »

is it posible for the oposition parties to force an election? ( call of vote of no confidence etc), or could a big enough petition on the number10 website make them take notice?

no, because labour has an overall majority.

a vote of no confidence would only come about if enough labour back benchers indicated that they would no longer support the government. if they did so and triggered a general election they would do so in the knowledge that they would be likely to lose their seats in that election.

turkeys voting for christmas etc...

SGE1

beingjdc wrote: »

The European Commission is bitter that we didn't join the Euro.

We're doing badly, but over the last quarter we did less badly than Germany, and pretty much the same as the Euro average. Japan are expected to release their numbers at midnight our time, and they're expected to be worse than ours too.

Taking the big scary number spent on social benefits and saying it's meant to be a safety net is rather misleading. The state pension and child benefit were never meant to be safety nets, they were meant to be for everyone.

I disagree about the Commission being "bitter" we haven't joined the euro - I think we might be flattering ourselves a bit there.

But yes, you're right about the figures. Still, a lot of people on these boards conveniently chose to ignore them. If you're going to be a proper neurotic self-righteous right-wing ranter, you need to be quite selective with your evidence.

stevsand

brightonman123 wrote: »

is it posible for the oposition parties to force an election? ( call of vote of no confidence etc), or could a big enough petition on the number10 website make them take notice?

And what politician in the uk will solve this problem?

elaina79

Here goes the benefit bashing again!!!!!

epz_2

The problem is a bill like this has been built up in the good times when benefits spending should have been very low and the national debt reduced.

The point of benefits is to provide a safety net for when times are bad but we built up this huge liability at the same time it was possible for a million people to move here and get jobs.

Imagine the kind of jobs and infrastructure even a 10th of that money could have generated.

PasturesNew

Here's somewhere worse off
http://www.gov.je/NR/rdonlyres/B26925E9-9EEA-4169-A966-2A23AA8F8542/0/HPIQ407.pdf