http://www.youtube.com/user/campaignforliberty

And the final salary pension fund has been closed to new investments

and at the same time Fujitsu planning to bring in thousands more (people from abroad-ed) to work on their projects

As confirmed by Roger Gilbert, Fujitsu’s UK CEO to the analysts on Wed 26th

Are the conservatives going to sit around and say nothing about this?

There seems to be a trend here, British jobs for (overseas-ed) nationals to butcher Gordons soundbite

http://www.fsa.gov.uk/pubs/cp/cp09_18.pdf

The real worry is that Mark Hoban the Tory FS blokey supports it!

Never forget that regulation exists to create fear so that it can continue to exist.

The madness still continues. While shopping the other day, my wife dropped into the bank and found that the lady serving her refused to return her card until she’d spoken to the locum manager about “additional services”. So she went in, and was given a very hard sell until she’d accepted a cash ISA – which we already had, with another bank, and couldn’t afford another.

I might have given the temp something to think about, but in my wife’s defence she didn’t expect to be pulled into Guantànamo Bay while doing the shopping.

Anyway, the regional management were horrified when we wrote to them, and I believe the temp, who worked in a city near Cambridge, was disciplined.

But it goes to show that the creation of debt is still big business.

Firstly I just do not believe the positive GDP figures from France and Germany. These are the two core Eurozone economies with political elites with more invested in the success of the Euro experiment than anyone else, and hence a lot to gain by this ‘success’. Plus I bet a whole shed load of the alleged ‘growth’ is nothing of the sort – it’ll be down to governments sending money round in circles though things like the scrappage schemes.

Next, it demonstrates the utter futility of giving our money to the banks. Much better to give us all the equivalent tax rebate which we would then use to repay OUR debts and rebuild OUR balance sheets, or for those who are fortunate to save and invest or even spend.

And it makes the idea of tax rises on individuals as a means of sorting out all this mess utterly risible. Speaking from my personal knowledge and experience generated by my FS business and other observations it is quite clear that family budgets will not sustain the necessary rise in the price of money AND an increase in taxation.

Finally it shows how desperately we need to get the State out of the supply of money business, or at the very least find some way to bind all governments to sound money policies.