How difficult is it to cut the national debt...

There is a finite amount of money than can be collected as tax and can be spent by the government. The government, over the past 13 years has got further and further into debt. Last year, our glorious leaders overspent by £163 BILLION pounds.

What could be done to cut this massive overspend?

1: Tell EU that we're cutting our subsidy dramatically.
Saving £6.4Billion in 2010/11
http://www.telegraph.co.uk/news/newstopics/politics/6073804/UKs-payments-to-EU-jump-by-60-per-cent.html

2: Slash the DFID budget.
Saving at least £9.1Billion as per 2009/10 figures.
http://webarchive.nationalarchives.gov.uk/+/http://www.dfid.gov.uk/Media-Room/News-Stories/2009/Budget-2009---keeping-our-promises-to-the-worlds-poorest-people/

3: Bailed out banks to repay Asset Protection Agency before handing out bonuses and dividends.
At least £4 Billion per year based on Lloyds repaying £2.5Billion last year and RBS turning a profit of 950Million and having to repay 700 Million each year as part of the APA deal.

4: Reduce NHS expenditure back to 07/08 Budget. £110Bn back to £90Billion.
Saving £20Billion.

5: Reduce Public sector jobs by 1/6. from 6million to 5 million. Mostly middle management paperpushers earning at least £30k p.a.
Saving £30 Billion
http://www.statistics.gov.uk/cci/nugget.asp?id=407

6: Increase Unemployment Benefit to take into account additional 1 million ex-public sector workers. Spending £7 Billion

7: Withdrawl from overseas wars and conflicts.
Saving £4.5Billion.
http://www.guardian.co.uk/world/2009/feb/13/afghanistan-iraq-bill-british-military

8: Create Special Economic Zone. 10% Flat Rate Corporation Tax for overseas companies. Any construction of premises to be carried out by existing British companies and hiring of workers to be British citizens only. No idea how much revenue this would generate, at a guess... Up from £46Bn in 2008 to £50Billion in 2010/11.
Increased revenue of £4Billion

The total difference would be £71.0 BILLION. Even with all the suggestions that i've outlined above, the government would still be overspending by almost £100 BILLION pounds per year!

However, where did all the money get spent? Spending pretty much remained the same compared to 08/09. The problem was that the government received less money via taxation than in previous years. A lot less. In 07/08 the government received £451 Billion. In 08/09, £439 Billion. A difference of £12 Billion.

In 2009/10 the revenue was £397 Billion. £54 BILLION less than in 2007/08.
http://www.hmrc.gov.uk/stats/tax_receipts/table1-2.pdf

How has the government managed to keep things going? It sold the future. It sold debt in return for paying interest. The government got a large injection of cash, but it will have to pay for it for 20, 50 or even 70 years. When I say the government, I mean the taxpayer.

So, we're in a very bad economic state. We, as taxpayers will be paying interest on the money the government has borrowed, while still spending beyond it's (our) means, and still not paying off the money that we already owe.

We need money to come into the country. We need to get money from other countries to flow into the UK. We need to build and export more goods worth at least £100 BILLION per year while cutting costs at home.

A definition.

General Election -noun

A circus in which the people that do the work get to decide which thieving bastards are going to rip them off for the next five years.

from The Dictionary of DNTT

Cameroon promises to fight on behalf of the Great Ignored

Call-Me-Dave has pledged to fight this general election on behalf of the "Great Ignored".

Seen this morning standing above a large group of people, Cameroon appears to have found John Major's old soapbox.

Her Majesty plays it safe as Bruin visits Buck House

Jonah the Jinx has visited Buckingham Palace today to meet with Her Majesty, The Queen.

The monarch, knowing of Calamity Brown's ability to destroy everything that he touches, made sure that the fire brigade were close by.

An anonymous source said that Her Majesty appreciates that Jocko McRuin is a very unlucky person. He has the curse of Jonah.

The fire brigade were in attendance to ensure that a repeat of the Windsor Castle fire did not occur, nor that the palace was damaged again as it was by a fire in the West Terrace in 2002.

New Labour putting pressure on those that oppose?

Just a thought, but could it be that Sky has been told to sell it's premium services at wholesale prices for a political reason?

Has the Drowning-in-debt Street Politburo got a bit of busted nose over Murdoch's decision to support the tories? Has the very same politburo decided to give Murdoch a slap over his "defection"?

Crisis? What crisis?

So said The Sun in 1979, in response to Callaghan's "I don't think other people in the world would share the view that there is mounting chaos".

Oh, but there was then, and there is now.

Thanks to a terrible mess under the watch of Labour in the 1970's, this country had to go on the beg to the IMF. We were bankrupt.

We still are.

Every government that I've been alive to see has borrowed more than it raised via taxation. How crap is that? Every single one of them has had money coming in from taxing the population yet still couldn't afford to keep its finances in check.

The Tories had to borrow, Old Labour had to borrow, but New Labour has taken this borrowing to a previously unheard of scale.

I am not paying for your mistakes Brown. Get the fuck out and take all of your red MPs with you. Oh, and by the way, those of you sitting on the opposition benches. Didn't put up much opposition did you? You may go too. Get out the lot of you!

Budget Day..

Here comes the spin!

Will the Chancellor show up with a blackeye? Will Gordon have beaten it into him to give away yet more debt to satisfy the numpties in this country?

Labour. Get out!

Conservatives. Pull yer fingers out!

Liberal Democrats. Do not get into bed with Liebour!

Common Law vs the Magistrates.

English Freemen Standing In Court - Council Tax Hearing - The Takedown Begins! from Rebel Leader on Vimeo.

Arrogance, Ignorance & Greed.

The greedy pigs are getting away with it!

Baroness Uddin is not going to be charged with fraud.

This peer, this greedy, troughing, devious peer is not going to be charged by the police.

Uddin has claimed from the taxpayer in excess of £100,000 to maintain a second residence. This second home allowance for MPs and Peers is to give them somewhere to stay when in London when working on Parliamentary business. It is especially useful for those representatives that have constituencies a long way from London.

However, Baroness Uddin very rarely visits her second residence. According to reports, her neighbours do not see her using the home in Maidstone. The Baroness instead spends her time living in an apartment that was originally built to house people from impoverished backgrounds. The flat, owned by Spitalfields Housing Association, charges a very low rent in order that people on low incomes can afford somewhere to live.

Why, and how could a Baroness, herself a very wealthy individual get access to social housing? Could it be that there are several highly ranked officals within Spitalfields H.A. that have the surname "Uddin"?

According to the Spitalfields Website (http://www.spitalfieldsha.co.uk/staff_structure.html) the Vice-Chair of the Board of Management is Ala Uddin, Faruque Uddin is a Housing Officer, and Abdus Uddin is a the Assistant Maintenance Officer.

Why has she not been charged with fraud? It's a political reason. The people responsible for setting the rules about peer's expenses changed the rules so that peers can do whatever they like. Secondly, and the politically-correct, hand-wringing, bleeding heart liberals and socialists won't like this, it is because she is Muslim. Our glorious leaders don't want to see the first Muslim female peer be sent down for fraud.

The Crown Prosection Service has been lean't upon to ensure that the two million muslims within the United Kingdom don't get arsey at the criminal conviction of one of their own. New Labour needs those muslim votes, and it knows it.

New Liebour, rotten to the core.
Conservative, totally incompetent at opposing New Liebour.
Liberal Democrat, just another bunch of EU apologists.

Been busy, not been updating very often.

In the meantime amuse yourselves with...

Gorgon at the Iraq Inquiry

"new world order we were trying to create would be put at risk"

What New World Order would that be? Selling us yet further down the debt river? Fucking over the "little" people again and again?

Take yourself and your fellow MPs and get out. Take the useless fucking opposition benches with you while you're at it.

Conservative fail

Oi! Her Majesty's Loyal Opposition! Yes you over there!

What have you been doing for the past 13 years?

I'm not impressed.

Go on, Gorgon! I dare you to lose your temper!

The glorious leader is up in front of the Iraq Inquiry later today.

This is a test run for the televised General Election debates.

If Gorgon has enough preparation, and is suitably convincing in front of Chilcott and the TV cameras, the debates could be a lot tougher for Cameron and Clegg. However, it may backfire today.

Firstly, it will give the gurning, fist-clunking PM the practice he needs to answer questions without knowing what the questions will be beforehand. Unlike PM Questions, which is full of planted inquiries and the opportunity to quote "tractor stats".

Secondly, if Gorgon does lose his tenuous grip on his emotions, it will give the other party leaders the chance to needle and pick at his oratory weaknesses in the forthcoming TV debates.

I'm hoping that he totally loses control today in front of Chilcott.

JokeOfTheDay.

What sitcom do politicans like to watch?

One foot in the grave.

Is Cameron deliberately trying to lose the General Election?

Is CallMeDave being less agressive than he should be in his questions to the Prime Minister during PMQs?

I think the Tories and the Lib-Dems are pulling their punches. They know that whomever wins the General Election is going to inherit a country and government in an epic financial mess.

Could the limp-wristed nature of the opposition be a cunning plan? Let Labour win and then have a vote of no-confidence in 12 months when the finances really go tits up.

The crisis has to reach epic proportions, Labour has managed to hide and massage the figures up until now, but at some point the tax revenues will fall dramatically, quantative easing will run out, and the wage demands of a million overpaid public sector non-jobs will create another Winter of Discontent.

The next twelve months are going to be rough. Regardless of who is in Number 10.

BBC spinning over bullying allegations

The allegations of bullying of staff within 10 Downing Street is being turned into a political argument by the spindoctors of Number 10 and its propaganda unit, the BBC.

This morning on BBC Breakfast, there was an interview with Christine Pratt, the founder of the National Bullying Hotline. The BBC interviewer was looking to attack the source of the allegations and not the allegations themselves.

The BBC has turned this bullying story from one of a workplace problem into a political one by following the reasoning that the bullying hotline has links to the Conservative party.

The propaganda unit has gone into full time damage limitation in order to protect the Glorious Leader.

The National Bullying Hotline has endorsements from David Cameron and has Ann Widdecombe as a patron.

It would appear that New Labour doesn't like it when the opposition gets some ammunition to attack the gurning, nosepicking, angry, incompetent incumbent of Number 10.

If you don't want to get bitten, don't release your attack dogs in the first place.

Pull yourself up and get busy!

I'm difficult to pigeonhole. I'm a "floating" voter. I choose to vote based on who can help me the best at that time.

When I was younger, being brought up on a sink estate in Birmingham, Labour was most likely to help me out.With its policies involving the redistribution of wealth and giving those at the bottom of the ladder a financial boost, it was right at that time.

As it turns out, I did better for myself by getting on and learning. I stayed on when most of my classmates left school at 16. Myself and a few others completed our A-levels and then went on to University. We got busy. Especially those of us with a less wealthy background.

As it happens, although I voted Labour, it was a Conservative; Norman Tebbit that was right. I got on my bike.

I dropped out of university after the first year. I was one of the first to jump through the hoops that was the Student Loan Company. I could see that if I was to continue with my degree, I would end up in a load of debt with no guarantee of a job at the end of it. I deliberately failed my end of year exams and walked away.

I signed back on the dole, and while looking for work I completed a City & Guilds vocational course. I then tried to get back into University, but found that my Local Education Authority was not prepared to pay for any other fees as I had already done a year of a degree. I shrugged and while studying towards a foundation course in Software Engineering found a job.

I worked, moved jobs several times in search of greater salary and more responsibility. I got on my bike.

I could've stayed in the sink estate. Got married and had a load of kids, and expected the state to pay for my home and welfare. I didn't. Based on my experience, it took me 10 years to get myself financially better off than if I had left school at 16 and had a family and let the taxpayers support me.

10 years of investment in myself is what it took. It's those first 10 years that a lot of people do not want to invest in themselves. Its hard work. There were many setbacks and letdowns. But now, because I got on with it and got busy,I now have a decent paying job and I am buying my own house. The only debt I have is my mortgage.

Ode to Geoff Hoon.

There once was an MP called Hoon,
whose defeat was guaranteed soon,
He's scammed and he's fiddled,
flipped houses and diddled,
And out of job by this June.

Cooking the books?

The Greeks are having to open the books on the state of their economy.

They're in dire need of financial help, but the problem could be bigger than first envisioned.

The Greeks have a national statistics agency, similar to the Office of National Statistics in UK.

The NSSG should be independent. It isn't. It comes under the authority of the Greek Ministry of Economy and Finance.

Oops.

The EU has ongoing investigations into the problems with Greek fiscal statistics. Last year EuroStat reported

"In the 21 October notification, the Greek government deficit for 2008 was revised from 5.0% of GDP (the ratio reported by Greece, and published and validated by
Eurostat in April 2009) to 7.7% of GDP. At the same time, the Greek authorities also revised the planned deficit ratio for 2009 from 3.7% of GDP (the figure reported in spring) to 12.5% of GDP, reflecting a number of factors (the impact of the economic crisis, budgetary slippages in an electoral year and accounting decisions)*

A deficit of 3.7% of Greek GDP would be equivalent to 12.25 BILLION dollars.
A deficit of 12.5 % would be 43.75 BILLION dollars.

A big difference. Of course, there being a general election had nothing to do with massaging the figures.

*http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/COM_2010_REPORT_GREEK/EN/COM_2010_REPORT_GREEK-EN.PDF