Saturday, 9 April 2016


Friday, 26 February 2016

Wednesday, 10 June 2015

A Lesson From History

Thursday, 26 March 2015


Tory's Cheek to ask Public for Donations

Dear Mr Osborne,
 How dare you send an email asking for money, when you have taken everything away from me. I was born in 1953, so I am no longer entitled to be a pensioner. I stayed at home to look after my children so I do not have enough payments for a full state pension. I was divorced and thought that my ex husbands contributions would cover me but you have changed that.I have a letter from Newcastle dated in 2010 confirming this. As I become pensionable age after 2016 I can no longer rely on my ex husbands contributions because i stayed at home at kept things going in a foreign country while he was away working. He was a flight engineer with Gulf Air and was away for days at a time and to keep the family together I stayed at home in Bahrain and looked after the children. I did not get Child allowance so that does not count, because I didn't take anything from the government I can't get anything now. I as far as I am concerned I have voted Conservative all my life but not now you have sold my generation down the river and I now look upon old age with fear as I do not know what is going to happen to me. Why pick on my age group, why have you made the upping of the pension age so dramatic to my age group. I should have retired two years ago but now have to wait until 2017 when I should have retired in 2013. I have a part time job that pays me £110.56 a week I have been told that this needs to be £111 to qualify for contributions again just short. I am bloody well fed up of just not reaching the goal-post, State pension age, state pension payment, even my salary. All this has happened late in my life with no real warning so that I could have calculated things differently. Maybe staying married to a drunk just to get my pension, leaving my kids with a Sri Lankan or Philippino house maid while I earned something to pay my own contributions.My goal in life was to be a good mother, little did I know this was going to kick me in the arse in later life. I did start work again as the children became independent, but that hasn't helped me either. But no everything that I thought would give me some security in later life has been taken away at such a late time in my life. What are you bringing back next year, work houses for the elderly!! Will I donate to the Conservatives, I can't afford it and even if I could it would be over my dead body but even that I cannot afford to die at the moment!!!! From a very disappointed Jacqueline P

Friday, 15 March 2013

Monday, 20 August 2012

Open Letter on EU Economic Insanity

Dear George,
The market is taking Super Mario at his word – Hurrahh! Europe and the EURO is saved!!!!!!!
Having failed to work in the guise of the ERM to fix exchange rates (and we all know what the ultimate cost of this was), the ECB under Super Mario is now trying to concoct a similar exercise focused on interest rate control on bonds!!!!!!
The Super Mario and Mr Hollande are two wonderful examples of the Gordon Brown school of financial management   -  IDEOLOGY!!  throw money at a problem and you will sort it out - spend now tax later!  Never thinking  - ‘what if the growth does not return? where does that leave us’.  They just do not seem to get it, do they.  It was their loose types of policies that got the world financial systems and economy into its current mess – yet they think more of the same will get us out of it?  If Europe (and the Bundesbank) allows itself to be dragged down the Mario/Mr Hollande path – heaven help us – particularly future generations.   
Indeed, I previously expressed my concerns to you (and the FSA) over the dangers of the appointment of Mario Draghi.  Another EURO Luvvie and technocrat. Of course the major irony is that Mr Draghi has demonstrated his lack of wisdom at financial management and was in some way, during his time at Goldman Sachs, partly responsible for overseeing the financial SWAPS that were partly behind the global credit crisis (on the back of the social engineering experiment originated in the US by the Clinton administration). I find it most alarming this man is now being ‘trusted’ with the ECB’s coffers?!!!!!!!!!!!!!!!! Akin to the ex head of Goldman Sachs now one of main financial adviser to the Obama government or the coalition taking financial advice and guidance from Ed Balls. 
Everything that is apparently going on, suggests the planning is now well advanced for Greece’s exit from the EURO – despite all the denials.  We have of course heard many denials of the ‘inevitable’ by European politicians and ministers over the last few years!!
The damage that would be done following the collapse of the EURO (on the back of a Greek exit) has been seriously overstated and exaggerated by many self serving unelected EURO minister (TWIT), just like they said that any individual countries who failed to become a part of the EU or EURO would seriously damage a countries future prosperity - yet another lie and miss-truth with plenty of clear evidence to the contrary.
In Europe they still do not get it. Half the polices introduced by the EU have been very expensive for the lightweight economies to finance – fine for Germany’s manufacturing based moneymaking machine.
Germany have benefitted significantly over the years from the weaker Euro – where would they have been if they had still had the D’mark. Whilst imposing all the austerity measures on everyone the EU continues to spend and waste money hand over fist without any real cross checks and oversight on its wastefulness.
The debt problem in Europe could be solved quite easily by getting rid of the EU - except for freedom of trade – the original concept and plan. The cost of funding and running the EU will continue to rise exponentially and hence more and more of each individual country’s tax revenue will be required to fund the ever increasing cost of running this gargantuan administrative monster, leaving individual member countries with even less funds to do things in their own countries and repay existing accumulated debt.
To solve the problems – the EU think further integration and hence even less flexibility is the answer. No! greater flexibility is what is need right now in Greece, Spain etc. not more rigidity. Yet even today Germany are declaring they want more say and control over everyone else as ultimate paymaster!.
Before anyone starts – this is not Xenophobia, more a factual assimilation based on where I have been sitting and from what I have observed and read over the years. Germany continue to try and achieve through stealth what they failed to achieve by force – increasing control and influence over Europe. They have benefitted from the weak Euro, had the rest of Europe help cover the cost of the re-unification of Germany of which West Germany has been the biggest benefactor.
When are the rest of Europe and the so called wise economists going to waken up to the fact that we need less Europe and more flexibility. Further integration will fail to solve the root problems of Europe and the Euro, and the even more rigid EU monster the supposedly ‘wise’ men are currently seeking to create will ultimately be even less manageable and more cataclysmic to deal with when reality finally kicks in and takes back control from the ideology.
Gary H

Monday, 11 June 2012

George Osborne at The Leveson Inquiry

 Today George Osborne had his chance to set the record straight on his alleged role in masterminding the Cameron/Murdoch relationship before the 2010 elections. Given his reported key role in hiring of Andy Coulson, former editor of the News of the World, as communications director for the Tory party as well as private meetings with James Murdoch, this testimony had been much anticipated. Following swiftly from Gordon Brown's account of the time line of events and his negation of some of Murdoch's and Brook's testimony, it was interesting to have on record his version of events. The general allegation by Labour and by Brown earlier was that the BSkyB deal was the prize for Murdoch in exchange for the News of the world supporting the Conservatives in the elections. George Osborne refuted this. Saying that he and David Cameron had had problems engaging with Rupert Murdoch about domestic politics in the famous Davos meeting. Furthermore he described the time line of events which saw Cable resign and Hunt taking charge of the BSkyB bid as not premeditated. Though Jeremy Hunt had expressed enthusiasm for the bid both privately and publicly, subject to legal advice, the cabinet felt they had no other option other than to pass the quasi-judicial role onto him as the department for culture media and sport was the obvious default  choice. This, Osborne claimed, was the reason for the now notorious text 'I hope you like the solution' to Jeremy Hunt.
 Osborne claimed that he had asked Coulson if there was more to the phone hacking incident which had led him to resign from the paper other than the rogue reporters which were being investigated.
Coulson had categorically denied this paving the way for him to step in as Tory chief election strategist. Osborne further asked Rebecca Brook's professional opinion on the appointment. This has set the stage perfectly for Cameron's testimony to explain how someone as smeared and soiled by the Murdoch mire could have formed such an integral part of their party apparatus.

Monday, 24 October 2011

open letter on EU Referendum

7th October 2011 Dear George, I am writing as a Euro sceptic, which I have been since the mid 70s, at the age of 12/13. The whole notion of the European Union was flawed, with the excuses (which often could hardly be considered as reasoned argument) for justifying its very being and existence, more often than not - flimsy at best. It is now time to take the most bold decision of your political careers (for the long term benefit of the British people) and once again show Britain as an innovator and natural leader, by offering the people of this country a referendum on getting out of the EU altogether. Why? I am sure you already know, deep down, many of the reasons why we should consider this course of action. Since day 1, policies have been mainly driven by the Germans and the French and continue to be so although the current situation (of the debt crisis) is beginning to create a rift between the German /French alliance. Having got what it wanted from the EEC, primarily help with the re-unification (and the associated cost) of Germany, Germany is now no longer that interested in Europe, given it is no longer the important export market to it that it once was (harsh but true) - although they have been lapping up the weaker Euro (which is only partially as weak as it needs be for the likes of Ireland, Portugal, Spain, Italy, Greece etc). The European Union is talking about further and closer integration on a number of plains, further reducing our own ability to make very important decisions for the long term social, cultural and financial welfare of Britain. Throughout this debt crisis, not once has the EU taken a semblance of responsibility for the parlous state of the government finances across Europe. Many of its human rights driven social and welfare laws have given rise to significant increases in social security and welfare budgets, as well as significant costs for employers, hence pushing up unemployment and ratcheting up social security spending costs in many countries that always have had weak and limited economies. However, the European Union is run by unaccountable, unelected buffoons from Brussels, who could not manage their way out of a brown paper bag. The European debt crisis is a casing point. Indecisive, too many vested interests, too many bodies/committees all having their say and all with continued page 2 of 5 David & George letter 2/5 7th October 2011 divergent views, leading to totally ineffectual outcomes - lacking any conviction - each decision/outcome being a mere sticky plaster - it is as if Labour (under Gordon & Ed ) are in control of Europe’s finances!!!! European leaders have also been very divergent in their views, except for the ‘Euro project luvvies’ who all share the view we must, at all costs, save the Euro!! Yet, despite all this mis-management, they want to centralise yet further fiscal and monetary responsibility for the whole of the European Union. It would be like allowing the FSA in the UK to continue to regulate the banks, the FSA having neither the requisite knowledge, nor courage, to tackle and challenge them; or ask for appropriate controls or legislation to be passed to rein them in when they have concerns. Why on earth as a country do we want to be even more vulnerable and exposed to the possibility of passing yet further control into the hands of such a bunch of supposedly intelligent and learned people – but whom in reality are more akin to clowns. Any leader of this proud and fine country should want to protect our long term interests, which as far as I can see, is best served by being out of this ludicrous, poorly managed club. Those European countries outside of the EU are not looking back and have not particularly suffered as a result. When we opted out of the ERM, the pre-cursor to the EURO (back in Norman’s days), we immediately took a hit (having suffered quite severely in financial terms in the preceding decade) but it immediately allowed us to start on a path towards being one of the strong men in Europe, putting this country and its finances back on its feet. It is a great shame this foundation was subsequently wasted and squandered by a Labour government who only got into power, primarily as a result of the Tory party infighting - ironically part of which was over Europe!! The EU learned nothing from our own and Denmark’s experience of the early 90’s, which proved the EURO (albeit it still then still in the form of ERM) was seriously flawed. The single currency does not work in the US neither, despite the US effectively having had a single government and currency for centuries. The US is much like Europe, in that it has areas and states (which are equivalent to countries within the EU) where the central policies are not appropriate to those locations. In addition, unlike the EU, the US does not suffer the same long standing cultural divergence that is evident within the EU. It is clear France is currently in a very distinct pickle – and I find it most confusing the markets are still being so charitable towards them!! I also note with interest that despite creating the rules, once again France are trying to bend them to suit their own ends. This time it is to do with the EFSF - as they want to be able to use the EFSF to bail out their our own frivolous and badly managed banks who have overexposed themselves via their poor lending disciplines – so that the French government can keep their coveted AAA rating. Again why do we want to be governed by such manipulative self-centred cads. I say to France man-up, follow the UK lead and address the real issues rather than just brushing them under the carpet as always (because it suits). Every year the EU more closely resembles one of my favourite childhood books ‘Animal Farm’. Having read with interest what it costs to run this unelected unaccountable circus in Brussels (a bit like the FSA on steroids), the debt crisis could be solved in Europe in one foul swoop, abolish and dismantle the European Union. The cost of duplicating lawmaking, policymaking etc. is phenomenal continued page 3 of 5 David & George letter 3/5 7th October 2011 and certainly outweighs any economic benefits. The huge salaries that are paid to EU employees as well as the associated costs of running 'the joint', are staggering – as will be the future ongoing civil servant based pension liability that is being accumulated and will have to be paid for. The additional costs that have been imposed on industry over the last 15-20 years by the EU far outstrips one of the main influential arguments for the introduction of the Euro (via the ERM) which was that it would eliminate expensive and costly exchange rate fluctuations and make trading across the region simpler. Yes it certainly helped Germany as they knew that if they fixed the currency, even in future recessions those that could afford would still buy the Mercedes and the BMWs etc in Spain or Portugal or Britain, as €30,000 would still be €30,000, as opposed to 8m pesetas, becoming 10m pesetas for example, as recessions tend to have less of an overall impact on the reasonably affluent middle classes and upwards. We have the EU/IMF/ European Central Bank telling all the countries across the region to make austerity cuts and get their budgets under control and (behind the curve relative to the UK) they then have the nerve to tell us that our social security benefits system is not lax enough and that recent changes to qualifying criteria are too tough and slanted against immigrants and EU migrants - you will not have many UK citizens sharing this EU view!!! In addition, following the lectures on spending, Brussels then have the bare faced cheek to suggest they want a 5% plus increase in their annual Budget? ‘European Court of Human Rights’ (ECOHR):- one of the worst things ever invented. By coming out of Europe altogether, we could rid ourselves of this bureaucratic monster and instead introduce the British Court of Human and Corporate Responsibilities (BCOHACR). We all have responsibilities but you have to earn rights and respect. This is completely the opposite to the current norm where everyone thinks they have rights, automatically and immediately gain respect, but responsibilities and having respect for others are purely optional and not part of the deal. Getting out of ECOHR and introducing BCOHACR would put us on the right path, both in the long term interests of Britain, and society as a whole, and is more akin to the stance they have in Canada, Norway and Australia, both countries of which are managed for the long term interests of its own people. This policy thinking has clearly been demonstrated recently in the situation with regards to being able to defend one’s own home from intruders. Prior to several recent cases (primarily as a result of the Tony Martin case), the socially responsible homeowner who had committed no crime - had no rights, but did have a responsibility to respect the criminal’s right to break into their home and do what they wanted, including allowing the intruder to harm them and their family before any form of retaliation. This thinking can be applied to so many other areas of society where it has all gone wrong!! Let us also consider re-introducing those good old fashioned commodities of pragmatism and common sense and rid ourselves of a lot of the PC nonsense! continued page 4 of 5 David & George letter 4/5 7th October 2011 I am speaking for many (based on conversations and discussions held with people across the political spectrum) when I say that a referendum on getting Britain out of the EU will prove very popular indeed and this view is no longer just the preserve of the enduring hard line EUROSceptics, it is now much more populist . The British people are fed up to the back teeth with UK governments (of all colours) rolling over and allowing our ability to self govern ebb away. Why would the British people want to cede even more power to an unaccountable, un-elected group of ineffectual idiots whose main reason for being, is self interest. The EU has shown itself to be most ineffective and all the proposals to amend ‘the Treaty’ will not change the most important fact - that EU has shown itself to be ‘not fit for purpose’ With the EU debt crisis still unresolved and no one any longer believing a single word any European Finance Minister utters, it is even more worrying that the ECB is about to be ambushed once again. How? Well whilst the ECB has baulked at directly intervening to bolster the EFSF under outgoing President Jean-Claude Trichet, that could change from November when he will be replaced by Mario Draghi, the governor of the Bank of Italy (no self interest there then!). The ECB has previously set out sacrosanct red line boundaries in the past -- such as its refusal to buy government bonds or for a write-down of Greek debt -- only to be forced to cross them as the crisis in the shared currency zone has lurched from bad to worse. Then there is also the arrival of self-styled "pragmatist" Joerg Asmussen as Germany's candidate to replace the hawkish Juergen Stark on the six-man committee that runs the ECB day-to-day, with the ECB then being further weakened and undermined by the expected arrival of yet another Frenchman, to numerically replace Trichet. These internal changes at the top are likely to incline the ECB to yet again cross its own boundaries and effectively allow the Eurozone to once again ‘kick the can down the road’ and thus avoid and postpone taking the real medicine that is required. Inevitably, I along with many other learned economists, think this will possibly create an even greater time bomb for the future. There is then the issue of protectionism. So much of our business and the things that we do are to the letter of EU directives. Yet the French bend the rules all the time. Despite the tendering process, it is difficult to recall many major French government spending contracts that have been placed other than with a French Company. Meanwhile, in the UK, the latest awarding of contracts debacle left Bombardier losing the contract to Siemens, leading to around 1500 people losing their jobs. One question on this? Did the minister responsible factor in the cost on the public finances of these job losses when awarding the contract outside of the UK. I read with interest the terms of the competing bids!. In terms of cost, having factored in the fact that around 1500 people will no longer be paying taxes in the UK, claiming housing benefit, council tax benefit unemployment benefit, as well as the lost sundry business to smaller engineering firms and suppliers, and ongoing maintenance etc., Bombardier’s bid was considerably cheaper to the UK government and economy, than that of Siemens. Were these factors even considered by the minister responsible? If not why not? continued page 5 of 5 David & George letter 5/5 7th October 2011 Summary In summary, those European countries who chose to opt out of the corrupt, poorly managed, self centred EU club have prospered reasonably well and have not been seriously disadvantaged or damaged, as many predicted. Why would we want to remain part of a club where corruption is rife amongst leaders of the member countries (Mr Berlusconi and his cronies, Mr Sarkozy) who always bend and manipulate the rules for their own ends, which is now seeking and pushing for even greater powers and control. I have always admired the Victorians for their long term planning and thinking (naturally not all of it was perfect) and I feel it is time for Britain (and in particular its politicians) to adopt a little bit of their long term based thinking, for the medium to long term benefit of the UK and its people. It is now time to get us out of this worthless, unaccountable, expensive club that has so often proved it is not fit for purpose and allow the UK to once again start managing the UK for the benefit of the UK people. Being part of the EU is like paying for some of the premium bank accounts offered by many of the large banks. Paying expensive ongoing monthly or annual fees for expensive over-hyped benefits (many of which are not required or applicable to one’s personal circumstances) that in reality could be obtained on much better terms and at much cheaper cost from elsewhere (i.e. from self governance). Yours sincerely Gary H

Monday, 22 November 2010

Bankrupt Ireland to get £7 billion after Osborne said their economy is an example we should follow

In 2006 after visiting Ireland Osborne said;
'A generation ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable. The Irish Republic was seen as Britain’s poor and troubled country cousin, a rural backwater on the edge of Europe. Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn.'
His summary then shows a complete lack of foresight:
'The new global economy poses real long-term challenges to Britain, but also real opportunities for us to prosper and succeed. In Ireland they understand this.
They have freed their markets, developed the skills of their workforce, encouraged enterprise and innovation and created a dynamic economy. They have much to teach us, if only we are willing to learn.
What is a further travesty is that much of this bail out is to further prop up banks like RBS which are failing to bail out small businesses here
in the UK.

Wednesday, 10 November 2010

Tuesday, 22 June 2010

Osborne raises VAT to 20%

Please join the forum that gives you a say in how the budget will affect
you and your business