Friday, July 18, 2008

The final stages of wealth robbery are here

Gordon Brown to ditch strict borrowing rules

Officials would almost certainly argue that the 40 per cent rule, introduced by Mr Brown in 1997 at the start of his 10-year term as Chancellor, was relevant during the economic cycle, which was characterised by a benign economic outlook, and that the new cycle ushered in by the credit crunch requires a fresh look at the rules, principally to avoid raising taxes by increasing borrowing.

Posted by sold 2 rent 1 @ 08:23 AM (779 views)
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9 thoughts on “The final stages of wealth robbery are here

  • sold 2 rent 1 says:

    We are not in a new cycle but the downturn of the existing cycle.

    This is hard evidence now that the economy is being crashed on purpose.
    But carry on denying it guys and watch your hard earned savings evaporate into thin air.

    The sheeple taxpayers only see the cash coming out of their pay packets every month.
    In reality, debt is a tax on future earnings and has interest to pay too.

    Orchistrated boom. Orchistrated bust.
    Gold should correct down to 920. After that see it power through 1000 and beyond

    This WILL be your last chance to buy cheap gold.

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  • What have I been saying about a desperate politician and desperate party.

    I must be getting old, because as each day passes I am getting a strong urge to become a politician.

    Whether I’d be any good is another matter as my main concern/motivation is to do something good for my country and be remembered for it.

    This man has not been voted in to this position by the population and he is setting about doing more damage to our country in his last 18 months in power as he’s managed in the previous 10 years as chancellor.

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  • tyrellcorporation says:

    ‘Gordon Brown to ditch strict borrowing rules’

    I don’t think they were ever that strict. He moved the goal posts a couple of years ago and the media were fairly silent. He now obviously feels abandoning them altogether will only generate a whimper at best from the press and the public. The sheeple only care when the muck is actually hitting their faces!

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  • No no don’t worry,the IMF says everything is going to be just fine…. :o)

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  • S2r1…if you absolutely insist on repeating the same phrases ad infinitum, they might be marginally less irritating if you would spell them correctly. It’s “Orchestrated” not “Orchistrated”.

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  • I use the spell check plug-in for firefox :o) You might want to see if there’s a End of Days countdown Widget too ? :o)

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  • … An End of Days… oooopss

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  • We all make spelling mistakes and typos on here and there’s nothing worse than spelling/grammar fascists, but I think if you’re going to keep typing the same words over and over and over and over and over again then you should spell at least the ones you type over and over and over and over and over again, correctly.

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  • str 2007 @ 2

    “I must be getting old, because as each day passes I am getting a strong urge to become a politician.”

    You know what billy connolly says – The desire to become a poltician should automatically ban you for life from becoming one.!

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