A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Thursday, October 22, 2009

The Borrowers

As human beans, we are being slowly put into the bean counter to maximise our worth to a profligate government that sees borrowing as a means to an end. Paying back is someone else's business. Gordon Brown may as well be a tiny person living under my floor boards. He appears to have tiny minds living under loads of floor boards, all over the country, popping out to borrow stuff from us human beans.

We now live in a country where most of the top corporations are crazed in their devotion to "driving down costs" and "reducing prices". We have banks that are so big that they have the government to ranson. They have become like an emboldened Oliver Twist, completely assured that they will get some more. Mr. Bumble the Beadle has buzzed off! Angela Knight, ex-Tory minister and persuasive moral blackmailer of the British Banking Association - she continously stresses that if banks don't get what they want, they will buzz off to Switzerland or the Cayman Islands or somewhere - is unperturbed by criticism. And we have a workforce wondering if their jobs are safe.

So on the one hand we have a situation where the tax take is diminishing and on the other where the borrowing is being stratispherically increased. Is there an accountant out there who knows how to join the dots up?


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