Follow My Leader.
At last, something I can whole heartedly support!
Andrew Withers, Leader of the Libertarian Party is rallying support for a movement to repay debt. Brilliant idea, something I am right behind.
He will be at the Rally Against Debt May 14th 2011, I shall be there, right behind him, as will many others.
If you borrow money, you have a moral duty to repay it. To do otherwise is the very worst of socialist ‘its not my fault’ values.
The Libertarian movement’s motto is ‘Do no Harm’ and that is best served by keeping your word, and doing unto others as you would have done unto you.
I am delighted to see the leader of our party taking a firm moral stand on this issue. That is what leadership is all about.
March 30, 2011 at 11:04
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Public Sector Net Debt
1993 – £210 Billion
1994 – £254.3
1995 –
£293.9
1996 – £324.9
1997 – £347.0 Beginning Of Labour 100%
1998 –
£349.7
1999 – £348.4
NB. 99-01 – Labour sold 395 Tonnes of Gold Reserves – 60% of total at
average price of £186 per oz and purchased foreign currency promises to pay
bits of paper. (Gold is currently £597 per oz and we have instead promises to
pay from Ireland, Greece, Portugal and Spain, etc)
2000 -£337.4
2001 – £307.0
2002 – £311.5
2003 – £339.5
2004 –
£379.4
2005 – £420.7
2006 -£460.5
END OF BOOM
2007 – £494.2
2008 – £619.0
2009 – £755.3
2010 – £892.9
During this period they have sold £33 billion for mobiles networks,
RECEIVED £75 Billion from Oil Revenue and Sold 60% of the Gold.
However UK public sector net debt was £875.8 billion or 58% of National GDP
(INCLUDING Bank Interventions the figure would be £2, 252.2 Billion or £149%
of National GDP)
I do not have accurate figures to hand for the inclusion of Public Sector
Pension Liability Current and Future but it was over £300 Billion in 2008.
Now anyone reading this and not being an economist must realise that
A: Something has to change.
B: That Something must involve Borrowing
Less
C: This Money needs paid back by the UK Tax Payer
How can it be done?
1. Cap Public Sector Salaries. NOW. Thus limiting Pension
Liabilities.
2. Scrap Many Public Sector Departments doing Non Jobs
3.
Scrap Aid to 3rd World. Charity Starts at HOME
4. Scrap BBC World
Service
5. Leave EU
6. Start Exporting Trade
7. Pray
- March 30, 2011 at 12:11
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Prayer ? I don’t think we have one.
8. Abandon the entire anthropogenic-global-warming fraud.
ΠΞ
- March 30, 2011 at 09:01
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‘We’ stole the future for ourselves
Cared not for those to
come
They’re angry now, they smash the shelves
They see what ‘we’ have
done
Who’s ‘we’ I ask, I had no say?
I didn’t vote for clowns
Faux ‘civil
rights’ while unions pay
T’was henchmen of the Brown
- March 30, 2011 at 08:54
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Can the black-clad masked yoofs from Whitechapel with black and red flags
be expected to make a contribution to the assembly, too?
- March 30, 2011 at 06:34
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If nothing else, the weak attendance at a “do right” rally compared to last
week’s “rip off more” rally might give the nation’s creditors pause for
much-needed thought.
- March
30, 2011 at 01:55
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See you all there!
- March 29, 2011 at 22:44
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Just to let you know, the organisers of this shebang include the current
and just past leaders of Young Independence, the UKIP youth movement. Great to
have Guthrum and your fine self coming along, as I hope many thousands will,
as it the rally is not in any way party pris, but thought you ought to
know.
- March 29, 2011 at 22:25
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I merely observe
Psalm 37 verses 21 and 22
21 The wicked borrow and do not repay,
but the righteous give
generously;
22 Those the LORD blesses will inherit the land,
but those he curses
will be cut off.
Just saying.
Tra la la!
-
March 29, 2011 at 22:39
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The chicken is done and the absinthe makes the heart grow fonder. Get
back soon. Left the garden gate open.
G
- March 29, 2011 at 21:36
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Personally I would restructure the debt. Say 60p in the £1. Yet those who
bought government debt should have known it was unsustainable.
People say that if you did that no one would lend to us again. I wish it
were true.
-
March 29, 2011 at 20:50
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From Shakespeare’s Hamlet, 1602:
LORD POLONIUS:
Neither a borrower
nor a lender be;
For loan oft loses both itself and friend,
And
borrowing dulls the edge of husbandry.
Amen
- March 29, 2011 at 20:45
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Socialism is debt. It means “others are expected to cover my spending, I am
ELITE, you must pay”
I’ll join you Anna. Nothing annoys me more than covering others debts.
- March 29, 2011 at 20:04
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True. Oxygen will be required in the ascent.
- March 29, 2011 at 18:39
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A movement to repay debt?
I, too, can fully approve of that. But – oh boy, what a mountain to
climb.
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