ELECTION
 


The danger for under 30's is that the Election outcome is decided by oldies who vote to shift this economic mess forward on to our futures.

Read The Independent, 31.03.10, Matthew Norman, It's the Geriatrics Wot Will Win the Ovaltine Election.

AT THIS ELECTION we must torpedo the real estate financial Titanic, the oldie obsession.
The tax slaver configured for the continuous instant gratification of UK oldies (over 50's) who occupy all the prime space and unashamedly stash out of productive use, stored away for their sole benefit, four fifths of the Nation's wealth. (THE PINCH David Willets 2010)
During the last few weeks of February 2010 more oldie crazies pinned their bad-economists letters to the masts of oldie battleships like the Financial Times and Sunday Times.

Oldie Economists factions have lined up on decks to do battle.
The smell of financial cordite hangs over our future, -- how quickly should the UK correct its fiscal deficit of nearly 13 percentage of output.
Despite confiscating half the UK output in taxes, the UK state is spending another £ 140,000 million more every year than it grabs.
Suppose your mum and dad spend 13% more than they should for 5 years. If family income is £ 50,000 they are ratcheting up debt at £ 6,500 every year! After 5 years including interest they could owe £ 40,000 including interest. Have they some family silver to sell? Of course not. They are in the same financial hole as their government.

Oldies over-borrowed, bought stuff they now wish they had not -- we must leave them to their night-sweats and cold turkey withdrawal from their toxic way of life. They need to pay back all their oldie debts and let us make our own lives --

Millions of oldies created debt as their way -- now it is our turn to have OUR WAY.


Signatories to a letter include three Nobel laureates - Joseph Stiglitz, Robert Solow and Paul Krugman - and five former members of the Bank of England's monetary policy committee (including Sir Andrew Large and Rachel Lomax, two former deputy governors!). Also, Alan Blinder, a former vice-chairman of the U.S.A., Federal Reserve.

Paul Krugman wrote on the New York Times website: "The crucial thing to understand is that fiscal contraction of an additional one or two percent of GDP in the near future has essentially no significance for the sustainability of government finances, either in Britain or here."

IN OTHER WORDS THE DEBT IS SO BIG, OLDIES CAN POSTPONE THE DAY OF RECKONING, LIVE FOR THE PRESENT AS BEFORE, AND MOVE THE DEBT ONTO THE FUTURE OF THEIR CHILDREN AND CHILDRENS' CHILDREN.


OUR GENERATION NEEDS TO STICK DEBTS WHERE THEY CAME FROM -- WITH THE OLDIES.

JOIN US ON ELECTION DAY AND VOTE FOR THE PARTY WHICH OFFERS US TAX FREEDOM DAY OF JANUARY 1 FOR UNDER 30's

OLDIES have misborrowed to misspend - if they had created wealth and jobs, they would deserve our respect. Instead they are to be despised - their grubby, sordid pursuit of the easy life has cost the British economy up to £ 7.4 trillion in lost output --

that is about £ 2,000,000 for each of us 3 million struggling to find work!!!

 

 

 

 

 

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