Friday, November 09, 2012


One in eight mortgages now issued are for buy-to-let landlords (so with cash sales of property where no mortgage is needed probably 25% of all home sales are now to landlords.)
  • Almost 40pc of high interest ‘payday’ loans are used to buy food
  • Comet (country wide electric retailer) now in administration with the loss of 7000 jobs
  • Marks and Spencer and Morrison’s (national retailers) posting gloomy results
  • NHS complaints rising exponentially as all the private interventions and lack of funding begin to unravel it.
 
Wealth always flows up from the poor like rain returning to clouds
But now they have been eviscerated by the economy; where to next?
Go to the tax avoiders, corporations and financial robber barons; or...
Into the purses, wallets and vaults of the old, the poor and the frail
If Westminster can't regulate all this; well, then they can't do anything
But we all knew that already! So what happens subsequently in this game?
Where the pawns are always the first to lose and the tall queen takes all