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06/08/2009: "OUR money and elections..."
our money has affected local and euro elections like never before, and what an astounding set of results they have been. the british public have spoken like never before.
"voter apathy" and "expenses anger" is blamed by the media and politicians, its a smoke screen.
petrol prices: creeping up on election day - 98p a litre in my area, by midnight had gone up to 99p a litre (off the same delivery) and then increased to £1.02 a litre by dinnertime the next day.
* Partly to recoup some of the billions spent on bank bailout (as the government have less money coming into the UK pot)
* Partly in response to the UK having to buy its gas and electric from european countries as our storage facilities continue to cost every household in the pocket
* look out for increases in gas and electric costs later in the year, under the guise of "the price is linked to the oil price" - when in fact it has more to do with government getting more tax revenue from the VAT they charge on both the cost of energy and the magical standing charges that cost each household regardless of wether or not we actually use any energy at home!
post office: prices rising and branches closing - the service is disappearing as the prices for postage rise. again VAT revenue the government get plays a part in this, but more worryingly, its the competition rules within the EU that are stopping the government from governing, which the labour party have signed upto!
mortgage interest rates: crippling people - "housing is in short supply" and "inter bank lending is now expensive" are the regular excuses trotted out, but dig a bit deeper, and there are more damaging reasons for this happening.
in 2005, a mortgage with my bank had an interest rate of 5.14% - with the bank of england's interest rate at between 2.5% and 3.5%
since 2008, the same mortgage interest rate offered is 5.7% - despite the BofE's interest rate being down at 0.5% for 3 months in a row!
dont forget, the mortgage is also smaller than it was 3 years ago
the interest rates are set high, to recoup money lost that the banks borrowed from the UK taxpayer, so they can pay it back, now who do you suppose makes money in tax from this?
thats right - the government!
its happening in every area of the economy - from things we buy on the high street and food to buying a new car - artificially high prices!
when asked last week about how many cuts in services or tax rises the government currently have in place or are due to come in, in the next 4 years, gordon brown simply refused to answer!
he was interupted by the questioner again, with the same question, not only did he refuse to answer again, but he also denied that they had any plans to cut services and/or increase taxation!
amazing, as in the budget speech not two months ago, the chancellor told the UK that they would pay off a staggering £98 BILLION POUNDS off the national debt (which represents almost half its current level) within the next 5 years - to you and me that means after a general election!
now how do we suppose they will do that without admitting there will be a single tax rise or cut in services?



