Nu-labour slime balls have boosted the bankers by the tune of 2 trillion pounds, to put thet into perspective, if you were to spend £1 every second, £60 per minute, £360 per hour, it would take you 80,000 YEARS to spend this amount of money, but Mr Broon says that he cannot stop the bankers getting bonus payments many times more than the annual wage of the public sector workers he is demanding take a pay freeze, & has no problems in trying to tear up their contractsand reduce any redundancy payments that they would be entitled to if - when job cuts are required.
he has also said that the banking crises could not have been foretold, he lied.
<a class="postlink" href="http://www.actionaid.org.br/Portals/0/Docs/righttothecity.pdf" onclick="window.open(this.href);return false;">http://www.actionaid.org.br/Portals/0/D ... hecity.pdf</a>
He says that cuts to Public Spending is required to cut the national defecit, but fails to mentiondoing anything to cut tax avoidance, £25 Billion per annum is lost to the public purse by tax avoidance, £12Billion by 700 of the largest corporations, and £13 Billion from citizens earning over £100,000 per annum.
He says about the great job he has done in building new hospitals, of 133 new hospitals built since Nu-liebour came to power in 1997, 101 have been built using Privately Funded Initiatives.
PFI's basically means that the IFU lends money to a private company and to the European Investment Bank and Government owned banks. They then lend the money to the private greed company, who build the project and then charge the taxpayer (ie us) for the next 25 years (even though we have already paid for it through the loans.
To quote George Monbiot in May 2009
"Though the government maintains that this offers better valuethan using public money, in reality the numbers behind all PFI contracts are rigged. While the government retains much of the risk, the investors keep the profits, which often run to many times the value of the schemes. The public liability incurred so far by PFI is £215 BILLION. One day the repayments will destroy Britains public finances.
so more information about tax avoidance
<a class="postlink" href="http://www.taxjustice.net/cms/front_content.php?idcatart=2" onclick="window.open(this.href);return false;">http://www.taxjustice.net/cms/front_con ... idcatart=2</a>