Man in a Shed: How long before Brown subverts and steals private pension schemes also ?

Wednesday, March 11, 2009

How long before Brown subverts and steals private pension schemes also ?

It can't be long now. It will of course not be described as what its is. Something on the lines of the government has added the innovation for pension scheme to invest of the safe haven of government debt. But it will mean Brown gorging himself on the last remaining supply of cash in the private sector.

The Conservatives need to take radical action now to stop him.

My suggestion is this:

To state that beyond June 09 a future Conservative government will not honour debt taken out by the Labour government, unless a general election is called.

This can be justified as by no stretch of anyone's imagination does Brown have a democratic mandate for the enslavement of the nation that he is busy arranging now.

1 comment:

Unknown said...: I'd support that policy. Because if Brown is allowed to continue with his debt enslavement policies we are likely to be forced into default anyway some years further down the line.

Best to be upfront about it.; 8:54 am

Post a Comment

The pound in your pocket

"We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists." James Callaghan

“The trouble with theoretical economists is that they don't understand that when you have a deficit, you can only finance it by borrowing, and you've got to persuade people that it's worth lending money to you and that they'll get their money back... there's no way of escaping it.” Dennis Healey during the 1976 Stirling Crisis.

"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens ... Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." John Maynard Keynes, 1920.

"To preserve [the people's] independence, we must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty, or profusion and servitude." Thomas Jefferson, President of the United States of America,1801-1809.

Inflation is taxation without legislation .. Milton Friedman