Wednesday, Oct 28, 2009

A mutual interest in housing "investment"?

Telegraph: Speaker John Bercow helps house 'flippers' get away with it

"MPs who “flipped” their second homes to maximise their expenses or avoided paying capital gains tax will escape censure under the official House of Commons inquiry, while those with far less questionable claims are asked to repay tens of thousands of pounds. John Bercow, the Speaker, has turned down a request by Nick Clegg, the Liberal Democrat leader, to widen the scope of his audit into MPs expenses amid concerns that some of worst abusers of Commons allowances are escaping punishment".

Posted by alan @ 11:00 AM (811 views)
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1. nomad said...

Mr Clegg said that he was “dismayed” by the ruling, which was taken in private and referred to only briefly in published minutes of the meeting.

He had warned that the audit would not be “credible” if abuses such as flipping and non-payment of CGT were not investigated.

“This response shows that despite people’s anger at the expenses scandal the worst perpetrators are still being let off the hook,” he said.

“Only in a place as mad as Westminster can MPs make fat profits playing the property market with taxpayers’ money and get away with it.

“Despite all the rhetoric of cleaning up politics we now know that at the very heart of the Westminster establishment there is still no will to deal with the biggest offences.”

This is well put by Clegg - he, as must we all, continue to bang on this particular drum. If Gordo and "call me Dave" don't follow his line they will be exposed. Surely it gives the rest of the political weasels justification to contest their instruction to pay back expenses.

It's quickly become a cliche but, they still don't get it!

Wednesday, October 28, 2009 11:23AM Report Comment

2. p. doff said...

No, MPs don't get it. It doesn't matter what the 'rules' (they made) say; what matters is the MPs attitudes. They demonstrated what sort of people they really are by thinking it was acceptable to fleece the taxpayer for personal gain. It adds insult to injury that they also believe that having been found out, they will be exonerated by simply paying some money back.

This reminds me of the Jo Moore gaff where she sent a memo stating that the US terror attacks would be a good time to 'bury' controversial news stories, then thought that an apology would make it all ok.

When you have shown yourself to be unworthy, that's it I'm afraid, there's no going back.

Wednesday, October 28, 2009 12:25PM Report Comment

3. crunchy said...

2. p. doff
Welcome to the MP conspiraloons.

You said... "This reminds me of the Jo Moore gaff where she sent a memo stating that the US terror attacks would be a good time to 'bury' controversial news stories, then thought that an apology would make it all ok."

The collapse of the original 7 World Trade Center was reported 20 minutes before the event. Does Enron ring a bell to you and that's just

for starters. If our media had that same crystal ball we would all be just dandy.

Welcome to the club anyways. : )

Wednesday, October 28, 2009 12:55PM Report Comment

4. p. doff said...

Sorry Crunch - I'm not going to be drawn on that one. You can think what you like about WTC - I've seen all the Youtube stuff as well - freefall collapse and all that. I've looked at both sides of the argument, seen the debunking videos and made my own mind up using a wee bit of logical thought.. We shall just have to beg to differ.

As for MPs screwing the taxpayer........ that's not conspiraloon stuff, it's fact. They've been caught with their hands in the cookie jar.

Wednesday, October 28, 2009 04:39PM Report Comment

5. timmy t said...

If halls of residence work for students because they are close to the university and low cost, why wouldn't they also work for MP's who need to be close to Westminster and, after all, are doing the job because they want to make a difference. Plenty of people work away from home but I don't know any other employers that fund a second house for it.
The other thing that really hacked me off with this was the moaning about the backdating of limits. I heard several MP's saying that no other employer would backdate policies and get away with it and it was unfair. This just shows how detached from reality they are - no other employer would for one nanosecond consider approving expenses that had this kind of stuff in them so that argument really doesn't stack up.

Wednesday, October 28, 2009 05:35PM Report Comment

6. crunchy said...

4. p. doff

So have the 911 not so mysterious men, but unfortunately those key witnesses are now dead.

Wednesday, October 28, 2009 06:25PM Report Comment

7. Joe Public said...

Ive decided now, that The Tories will do nothing at all to help people get onto the ladder. Neither Will Labour obviously.

I would never vote for either fo them.

Crooks one and all.

Wednesday, October 28, 2009 06:36PM Report Comment

8. cynicalsoothsayer said...

Now this story is out and in detail, the MPs involved will not get away from it, no matter how much whining they do. In fact the whining only digs them deeper into it. There should be a few MPs residences up for sale now that they're only going to be allowed to rent. Go get those bargains!

Wednesday, October 28, 2009 07:51PM Report Comment

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