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UK -Sir Fred Goodwin – What about
his pension? What about this?
What about that?

When the taxpayer was bailing out RBS and Northern Rock,
was Gordon Brown responsible for the negotiations? I think the
answer is yes. Is the Prime Minister the highest level of government?
The answer is yes. Why let the treasury who are incompetent of big
business negotiate a settlement? I would have thought that a
selection of Rottweiler Labour MP's with a top Rottweiler industrialist
would have negotiated far better for the taxpayer.
The memoranda to this body should have been: take that bank apart
and find out how much money they have lost: then tell them if they
want taxpayers money there will be no bonus's for the next five years:
and finally get the best deal for the taxpayers. The people of this country
cannot believe that a man at the top of a company who lost billions of pounds
through greed and incompetence, sending that company into liquidation,
Would get any recompense at all.
I think everyone agrees that these banks should have been rescued to
protect the people who have trusted their hard-earned money with them,
all the savers, and other clients that make up the collective customer
base. It is horrifying to see individuals profiting from inept management.

As a company goes into liquidation as many do, and are, there are only
assets left, not money. All contracts are null and void. This is a special
case where the pension fund of Sir Fred Goodwin should come into
question. It was gained from a high income of the senior man at the
helm, and when he and his company failed so should his pension.
Everyone knows the concept of right and wrong, for him to have a
pension of that size is wrong. Sir Fred, do the right thing, after your
humiliating public apology to MP's, give back the money to the British taxpayer
or the government should give him a 95% tax bill.
 
12th Nov 2009
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The G20 Extavaganza
This big circus has been to town, to London Town, a Gordon
Brown spring spectacular. Even I know as a layman that if you
have a meeting then you must have a consensus of agreement
between the different people around the table, its common sense.
To make it succeed the under managers must get together
moving the ideas back and forth until a format is established. After
that is done a draft paper agreement must be drawn out and even
then moved back and forwards until a general plan or agreement is
established. Then you have a chance of everyone signing. Without
this advanced procedure, you do not have a chance of achieving
anything only a general verbal agreement that is useless in
conviction and in compliance. Listening to the various mumblings
before the meeting, it sounds like a slanging match between the
European members. I think some are waiting to show their
contempt. I can see the point, pouring money into useless projects
while the bankers reign supreme in their ivory towers is not
sustainable. They will pour more money into their own pockets
unless strict protocol and regulation is used to guide the financial
nonprofessionals who duly rule from their boardrooms. Some
of them have no idea that their executives are in trouble until
financial disaster strikes. The cause of all this in the first place is
confidence. The idea that the financial giants or banks cannot
be challenged because it upsets the market forces is stupid.
Unfortunately, like any normal person who hears a whisper that
all is not well, they will rush to the bank or institution to
withdraw their money. Reckless greedy executives pushed by
an eager greedy chief executive in the boardroom accomplish
the damage of trust well before the whispers. If you can do
nothing else G20, stop these terrible practices that have
established a melt down of the global economy making sure it
will never happen again! I hope you will, but I know you will not.
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WHY IS THE COUNCIL TAX SO UNFAIR?

I watched Michael Heseltine on Question Time last Thursday and was dismayed by his passion and rage at the Lib Dem policy of taxing million pound homes. At one point he threw into a rage his hair bouncing trying to denounce that million pound home owners should not be taxed. The Lib Dem shut him up completely as the audience quietened when he fired back that he was responsible for the unfair council tax now in operation. I think that millionaires should be very careful what they say in regard to this policy. I am in favour of the council tax being brought into line with a person or business income, not the tax Mr Heseltine created after the dreaded Poll tax. People today pay a council tax of £1100 per year on an income of £12,000 gross in a small flat with no allowance or rebate (10% of the income) this applies also to working seniors. Thanks to the ingenuity and skilful duplicity of Gordon Brown pension credits are not available because you are in work, and no working credits because you are not full time. Mr Heseltine in his million pound mansion possibly pays no more than £1400 per year. IS THIS A FAIR TAX? There are millions of seniors in this country needing that little bit of help that is not available under the stealth of this Labour Party.
    I saw in Mr Heseltine an image of a man who is seemingly uncaring at the majority of the lower paid population and if he was my MP he would not get my vote. These questions should be asked of all MP's.
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