Finance Questions

Archive for July, 2010

Question: Where's it going to end...?

You pay £300 more for Brown's folly!
HOUSEHOLDS were last night warned to brace themselves for a £300-a-year average tax rise in next month’s Budget.
The latest hammering for hard-pressed taxpayers was forecast after official figures laid bare soaring Government borrowing.
The massive sum to be pilfered by the Treasury – equivalent to shaving nearly £6 a week from already cruelly-stretched family finances – was predicted following news of an £8.5billion deficit in Government coffers.
City analysts said Chancellor Alistair Darling will be forced to hit middle-income earners with tax rises equivalent to £6billion a year to recoup the cash.

Answer: It won't end until the people of this country WAKE UP and KICK LABOUR OUT at the next election. The Tories now have a golden opportunity to put themselves in pole position, but for whatever reason they have committed themselves to Labour's spending pledges. On the one hand, I can understand this because if they pledged to cut taxes they'd get hammered by Labour's spin machine for being the party that would cut public services.

However, what the Tories really need to concentrate on is cutting taxes by reigning in the vast amount of waste that has been profligate under Labour. Last year alone £137 billion of taxpayers money was farmed out to unelected and unaccountable quangoes. £1 in every £11 raised via council tax is spent on middle managers who didn't exist before Labour came to power (hello Common Purpose!). The waste of public funds is everywhere you look and if we are to see an end to this high tax/high borrow/high spend culture then Labour must be kicked into touch.

Put it like this. When Labour came to power this country had a £40 billion surplus in the coffers. 10 years later and we now have the largest budget deficit in Western Europe, the worst trade deficit amongst the OECD countries, the highest level of taxation, people pulling their teeth out because they can't find an NHS dentist and people dying on wards due to MRSA despite billions of pounds being poured into the black hole of the NHS, our soldiers are being killed due to the lack of proper equipment due to cuts in the defence budget, billions being paid out to unelected and unaccountable quangoes, more children leaving school without basic levels of literacy and numeracy despite billions spent on education et al, ad nauseum, ad infinitum... Labour know the cost of everything, and the value of nothing.

But hey! Look on the bright side Karen, once Gordon Brown sells us out to the EU none of this is going to matter anymore.

Debt for Debt: 'Financing the American Family' (Into Oblivion?)

Question: We Are In The Projects?

Porjects like Y/A is the best projects of Yahoo! to me.

Answer: Y/As

And a couple of top secret sites lol

Family Financial Group, Inc.