Comments on: Another day, another use for public money http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 09 Feb 2012 20:05:58 +0000 hourly 1 By: mikestallard http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9690 mikestallard Sat, 10 Jan 2009 17:44:58 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9690 You, John, have been in business. You know about due diligence. Now, please, name me just one person in the government front bench who has been in business too. That is why they are making such a hash of our economy and wasting our children's future. In 1997, it was unthinkable for graduates to be indebted, and rare for them to be on the dole; for people to be unable to afford a first house; for the total private debts of people to be £1.3 trillion pounds; for the government to be running billions and billions into the red; for the army to be improperly equipped; and for normal people not to have a pension. Nowadays we take all this for granted, in the ballooning welfare state that is Socialist Britain. What will our children/grandchildren have to take for granted? (PS Most of mine are now living abroad.) You, John, have been in business. You know about due diligence.
Now, please, name me just one person in the government front bench who has been in business too.
That is why they are making such a hash of our economy and wasting our children’s future.
In 1997, it was unthinkable for graduates to be indebted, and rare for them to be on the dole; for people to be unable to afford a first house; for the total private debts of people to be £1.3 trillion pounds; for the government to be running billions and billions into the red; for the army to be improperly equipped; and for normal people not to have a pension.
Nowadays we take all this for granted, in the ballooning welfare state that is Socialist Britain.
What will our children/grandchildren have to take for granted? (PS Most of mine are now living abroad.)

]]> By: chris southern http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9689 chris southern Sat, 10 Jan 2009 17:17:16 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9689 it's not suprising realy as the banks will look after themselves first. this is what is also happening in america, where the tax payers money isn't being used for what it was intended. ah well, we will just have to wait till 2010 to pick up what is left of ole blightey and start again. it’s not suprising realy as the banks will look after themselves first.
this is what is also happening in america, where the tax payers money isn’t being used for what it was intended.

ah well, we will just have to wait till 2010 to pick up what is left of ole blightey and start again.

]]> By: ken from glos http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9688 ken from glos Sat, 10 Jan 2009 15:12:29 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9688 That old saying comes to mind, "If you want to wast money give it to a Government" Labour are hell bent on proving it to be correct! That old saying comes to mind, “If you want to wast money give it to a Government”

Labour are hell bent on proving it to be correct!

]]> By: Hawkeye http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9687 Hawkeye Sat, 10 Jan 2009 14:54:02 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9687 Illustrates nicely why the state should not be involved in commerical organisations. The truth of the matter is that Labour politicians have no clue about money, how to manage it or its uses. It is there to be spent on furthering influence and agenda. Every time Gordon goes abroad on official business, hundreds of millions get handed out to his hosts. It would be a lot cheaper to keep him at home. Illustrates nicely why the state should not be involved in commerical organisations. The truth of the matter is that Labour politicians have no clue about money, how to manage it or its uses. It is there to be spent on furthering influence and agenda.

Every time Gordon goes abroad on official business, hundreds of millions get handed out to his hosts. It would be a lot cheaper to keep him at home.

]]> By: rugfish http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9686 rugfish Sat, 10 Jan 2009 13:43:43 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9686 Funnily enough I don't really go in for conspiracy theories as a rule, but I have to say I'm beginning to wonder if there's some evil plan afoot to hoover up all the cash in the world through all these bailouts across here, Europe and the US, and stick it into some big evil fat cat's pocket somewhere so he alone can buy up all the cheap assets to rule the world ! I reckon it's someone like Scarramanger or Dr NO. I can find no earthly reason in the alternate no matter how hard I try, to see why we - BRITISH TAXPAYERS - are paying FINES to a foreign country who has a President with the capacity, the authority and the ability but I guess not the wit, to squash that fine ! Don't tell me they are that hard up they need to go fining us hardworking UK taxpayers which THEY helped to bankrupt in the first place ? One you could also not make up ! Funnily enough I don’t really go in for conspiracy theories as a rule, but I have to say I’m beginning to wonder if there’s some evil plan afoot to hoover up all the cash in the world through all these bailouts across here, Europe and the US, and stick it into some big evil fat cat’s pocket somewhere so he alone can buy up all the cheap assets to rule the world !

I reckon it’s someone like Scarramanger or Dr NO.

I can find no earthly reason in the alternate no matter how hard I try, to see why we – BRITISH TAXPAYERS – are paying FINES to a foreign country who has a President with the capacity, the authority and the ability but I guess not the wit, to squash that fine !

Don’t tell me they are that hard up they need to go fining us hardworking UK taxpayers which THEY helped to bankrupt in the first place ?

One you could also not make up !

]]> By: john locke http://johnredwoodsdiary.com/2009/01/10/another-day-another-use-for-public-money/#comment-9685 john locke Sat, 10 Jan 2009 11:09:32 +0000 http://www.johnredwoodsdiary.com/?p=2573#comment-9685 regarding "due diligence"...i presume the government carried this out with all financial institutions before offering taxpayers money in order to ascertain the full liability. This being the case then the government must know about all the toxic debts of Northern Rock, B&B RBS etc, as the UK taxpayer is now a shareholder, i think this information should be disclosed. Or maybe they did not carry out due diligence...but no, that would be too stupid to contemplate. regarding “due diligence”…i presume the government carried this out with all financial institutions before offering taxpayers money in order to ascertain the full liability. This being the case then the government must know about all the toxic debts of Northern Rock, B&B RBS etc, as the UK taxpayer is now a shareholder, i think this information should be disclosed. Or maybe they did not carry out due diligence…but no, that would be too stupid to contemplate.

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