Saturday, December 29, 2012

My 2012 Olympic Highlights: George Osborne getting booed at the Paralympics:)

Just thinking of some of my highlights of the Olympic 2012 year.


nuff said.


Anonymous said...

You applaud Gordon Brown who bankrupted Britain and national debt sits at 1 trillion pounds, let the banks lend uncontrollably, did n't see the sub-prime coming, sold our gold reserves at rock bottom, gap between rich and poor widened, allowed a houses price bubble and let the big companies pay virtually no corporation tax.

John Gray said...

Hi Anon

I wasn't there, so I didn't choose to jeer Osborne or applaud Brown. It's what people there at the time felt.

BTW - we are not bankrupt (despite Osborne best efforts); our debts are historically low; we do need greater state regulation of financial services; no one saw sub prime since we all stupidly thought that the banks knew what they were doing and were honest; gold price was at a historic high; we will reduce gap between rich and poor by progressive taxation and living wage for all/increased public spending; house prices will fall in real terms in line with inflation and we will tax big companies (until they squeak? – can’t wait)

Glad you have such a socialist agenda anon:)

Anonymous said...

OMG - you have twisted facts out of all proportions. You say Gordon Brown sold at high prices?? - are you living in an alternate universe??. The price of Gold shot up after financial crisis (and after Gordon Brown sold it!).

Anonymous said...

Labour's answer to bridging the gap between rich and poor is to tax people to death.

A 40% tax, is just like slavery. When you work from January until May, you have not worked for yourself, but for the state.

After having paid tax on everything that was earned in your lifetime. The state then goes on the demand 40% of EVERYTHING when someone dies. So what is left?.

Labour's answer to bridge the gap the rich and poor gap, is to make everyone POOR and dependent on the state. This is how you get your Labour votes. Trade unions and working class are dead. You need a new breed of voters.

Labour likes to drag everyone down, where as I believe people should be uplifted.

School kids are not coming out as scientists, engineers, carpenters, but rather thugs who struggle to read and write....

John Gray said...

Hi anon,
I am sorry but you are wrong on this (and other issues). Please do not rely on the Daily Mail for your opinions.

Gold is a speculative commodity. Its price goes up and down due to market factors. Gold is now at an all time “high” but it will soon crash again. That is the way these markets work. Gold was not kept by any state bank as an investment but as a currency reserve. A decision was taken to reduce the role of Gold in reserves and it was sold at a time when the price was above its long term trend price.

Central Bankers are not commodity traders.

40% tax “slavery”? Apart from the fact that you don’t pay 40% tax on everything (personal allowances) and that only a tiny number of estates pay any inheritance tax whatsoever.

As Oliver Wendell Holmes once said: 'I like to pay taxes. With them I buy civilisation” I agree. We should all pay more tax in this country and use the money to invest in high quality public services. Countries which are more equal are more successful societies in all aspects. They are better places to live, with less crime, ill-health, mental illness and other social problems.

Labour wants to bring everyone up. I am afraid that the real problem is people who seem happy that so many children and old people live in poverty and misery in this Country and don’t want to do anything about it.