The cost of Britain's very high government borrowing means that Britons are effectively working hard to pay tax to line the pockets of overseas bond investors. In highly indebted countries like Italy and Japan the investors are to a large part nationals of those countries and so the money is recycled back into the economy. In Italy's case the European Central Bank owns another large tranche of its debt, the country is reciprocated with ECB support.
In Britain's case, its hard-earned cash is going out of the country and away to overseas investors, only presumably to be borrowed back again to perpetuate the cycle. But the Neo - Liberal concensus has collapsed as nations turn their backs on open borders, net zero, human rights scams and foreign wars. Why should ordinary working prople care about what's happening on the other side of the world when local problems that affect them directly are festering untended.
The number of businesses going under locally is honestly frightening. These tax hikes and policies aren’t just numbers on a spreadsheet; they’re having real-world effects.
The private sector barely got back on its feet after COVID, and just as it was trying to recover, it’s been hit again even harder. Employers are closing down. People are being made redundant.
It’s heartbreaking. These businesses won’t come back. The people affected won’t just bounce into new work. And the worst part is, it didn’t have to be like this.
However all this drama is merely a distraction from the major disgrace and deception that has taken place. The fact is the labour government has cynically deceived the general public, businesses and its own backbenchers by using an untruth, namely a 20 to 30 billion shortfall, to justify raising taxes and penalties on the tax paying community. In truth there was no such deficit,
The Labour leaderships intention long befre they were elected was to raise taxes and shaft working people of the UK in order to throw further sums of cash at certain sectors of the community in an attempt to buy votes and pacify the extreme left. It is totally unacceptable to hoodwink the public in thus way. Had they been completely honest and upfront about their intention to tax more in order to splurge more on welfarism and state dependancy the public dissent would have been plain ahead of any budget. Now they have been caught out, pedalling falsehoods and making lies of their committments to fairness and equality. How can we ever trust these people on anything.
They have continued the freeze on tax threasholds , hurting the lowest paid and capturing more and more lower paid workers and pensioners as their snall salaries rise above the palty 12k limit.. disgusting double talk about helping the lowest paid is totally hypocritical.
The issue over the OBR slightly early release of data in NO way absolves Starmer or Reeves from the real issue to hand they mislead parliament and the electorate deliberatley. As such they should both go as they have once again generated misery for those asset rich and cash poor.
Should they escape being forced out of office it will be one of the greatest injustices I have ever known. I can’t think of any other parties that would lie as often and as cynically as Labour do.
FROM THE ARCHIVES:
The Truth Has Become An Enemy Of The State And Must Be Kept Hidden At All Costs
Several industries have grown out of the need of globalist governments to keep the majority of the population in a state of fear in order that We The People will not rise up against the oppressive policies related to climate change, health tyranny, mass immigration, surveillance and censorship, technological dictatorship, and the suspension of our civil rights and liberties ...
Tractors Are Heading For Central London As UK Farmers Protest
Scores of farm tractors from all over Britain were reported to be converging on Westminster as British farmers finally ran out of patience and pushed back against what they say is a lack of government support. Flying Union flags and displaying signs with slogan such as 'Save British farming' and 'No farming, no food, no future' they were gathering in London and plan to arrive in central London by early evening
The Theraputic Society Is Destroying Civilisation
Many of the problems afflicting Britain and its neighbours appear to be related to what has been called The Theraputic Society, Nanny State and paternalistic liberalism. As government grows, corporate industry and private business is increasingly coming to resemble the public sector, ruled less by economic rationality than by an intrusive bureaucracy functioning increasingly like an HR department.
UK Gov. Fossil Fuels U Turn Means Its All Over For Net Zero
The Announcement made by UK Prime Minister Rishi Sunak acknowledged at last that to keep the lights and heating on in our homes and the wheels of industry turning it will be necessary to start building new gas-fired power plants because the great science backed leap to transition energy productions to clean, green, pollution free, sustainable, renewable, blah blah blah sources has failed dismally.
Double Blow To Irish Woke Wonks - Voters Reject ‘Progressive’ Reforms to the Constitution By Big Majorities
Simpering, limp wristed Irish Prime Minister Leo Varadkar whose government has faced protests because it is claimed they govern in the interests of the liberal elite and ignore the Irish people, suffered two blows to his ambition to turn Ireland into the wokest country in Europe last weekend. Varadkar admitted on Saturday that voters had delivered “two wallops” to the government, which, led by Leo himself, had pushed for a "Yes" vote on a pair of referendums.
On encountering my insense dislike of the Labour Party, people asume I am a Conservative. WRONG! I have never supported The Conservatives and have never voted either Conservative or Labour in my life. Politicians should never be trusted, I but what sets Labour politicians and activists above the rest in terms of being worthy of only contempt is the hypocrisy.
He's Not The Messiah, His Name Is Edymandias - Miliband's slab stunt goes down like a Lead Balloon Only two days campaigning left before polls open for the 2015 general election. Who will winn? Opinion Poll show no conclusive trends. But inside information tells us the reason conservative Prime Minister David Cameron has a smile on his face as the campaigning draws to a close. Farage is radiant, clegg liooks chirpy, only Ed Milband is down in the dumps.
Were Rotherham Abuse Victimes sacrificed To Save The Labour Party
One of the victimes of Rotherham's grooming and child abuse gangs has put a political perspective on the scandal by claiming she and other victims were ignored, effectively sacrificed to the tender mercies of the gangs to ensure Labour did not lose votes in the town. The young girls were abused by Muslim men for years on end, but council did nothing to stop the crime.
Miliband Promises Same Old Shite - Not A Word About Action Against Paedophile Sex Gangs
Labour leader Ed Miliband's keynote speech at the Labour Party conference woyuld have to be the best speech of his life if he hoped to be Prime Minister after next years election, the consensus of opinon said. Ed's friends and opponents awaited the speech with very different hopes and expectations. in the end as Ed dodged the bg issues, the economy and debt, law and order, immigration and Europe, it was probably his enemies who were happier.
The Left's Rhetorical Technique Explained
In the first of what might become a long if irregular series of posts with the collective title, "Left Wing Authoritarianism for beginners," your friend and mentor Little Nicky Nicky Machiavelli will expose the origins of the socialist left's propaganda technique and its apparent dependence on slogans, dogma and mantras. But first let's play a little game ...
The Hate And Prejudice The Bourgois Left Find Acceptable
The neo - fascist left are quick to jump on any of the forbidden pejudices, racism, sexism, homophobia, islamophobia and so on. But as we have seen, they find pejudice and hated againt Christians and white Europeans quite acceptable. The bourgeois metropitan set might think that is acceptable but where I come from it's called hypocrisy.
Ve Haff Vay Of Making You Konform. The Tide Is Turning against the Autoritarian Left
The left's self confidence has had a hint of desperation about it for a long time. From their constant whines about the sexism, racism and homophobia of the working class who happen to be the party's core constituency to the substitution of smearing UKIP for policies in the european Election this is a party of arrested adolescents throwing a hissy fit because people are laughing at them.
A move to extend the government's power to order court proceedings to be held in secret and without a jury from only applying to trials affecting national security to anything the government would rather we did not know about threatens the most basic principles of British justice and the right to a fair trial.
These stupid laws insult the public and threaten free speech When the law forbids us to insult or offend somebody, to insult or offend a religion, race, skin colour or sexual preference, free speech and other important democratic rights are under threat. When the law then goes on to say that anyone accused of these offences has no right to defend themselves and the word of the accuser is sufficient evidence on which to obtain a conviction then we have abandoned justice and are ruled by fascists.
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Whatever the Prime Minister, Sir Kweir Smarmer, might say to the contrary, the near-term demise of his Chancellor, Rachel Reeves, now seems all but inevitable. The backlash that has followed Chancellor Rachel Reeves budget is likely to grow as the effects of Reeves' economic illiteracy start to bite, businesses close, jobs are lost and the cost of living continues its inexorable riset the neo -
The sooner Rachel from Accounts resigns or is fired the better in as far as most of us are concerned. Starmer will no doubt want to choose his moment in the hope of limiting the damage, if indeed that is now possible but in the end he's a completely ruthless little shiyt nd will not hesitate to stab his Chancellor in the back in order to save his own arse. In reality his asrse is already beyond saving and we should expect a change of Prime Miniter sometime next year.
But as with all political crises, as the incumbents try to hold on though all trust and credibility are gone there is the inevitable scapegoat – poor old Richard Hughes, chairman of the Office for Budget Responsibility (OBR), forced to fall on his sword in recognition of the “worst failure” in the fiscal watchdog’s fifteen year history – the early release of the OBR’s Budget assessment.
For Reeves, it comes as a welcome distraction from her own largely unrelated travails. But it is unlikely to save her.
Whether guilty of deceit or not, recent events have confirmed her as hopelessly out of her depth in the job. People say that Reeves and Starmer are politically inseparable, some even say he dares not sack her because she has some dirt on him nd would take him down with her (entertaining prospect but unlikely.).
It is admittedly the case that for Sir Kweir to fire Reeves now would be to repudiate all that Labour has so far done, and would therefore amount to one hell of a political somersault, but Starmer is not the kind of man who would stand by a friend if he could save himself by pointing a finher and reminding the public: It was her that shafted you. At the moment the Prime Minister is supporting Rachel but could that change if public hostility to the Labour government increases even more?