GENEROUS WITH OTHER'S MONEY

So as was predicted earlier last week Mervyn King has engaged in a bit of money printing or as he calls it Qantitive Easing, but only £70 billion, that's £1000 for every person in the country.

This of course devalues all our money.
It has he admitted devastating effects on those nearing retirement who will lose heavily in their pensions (the private sector, not the public)

I beleve this is a gross betrayal of those who have worked hard all their lives and saved as they thought for a comfortable retirement to have to experience this theft of their money and standard of living.

The bankers of course will do well out of this and will I'm sure secure their bonuses and the City will prosper, but this action will do little to help our industry and national finances, sold of by these same people.

IF IT IS SO EASY, WHY NOT PRINT A TRILLION AND PAY ALL OUR DEBTS OFF?

Cameron was waffling on about Africa and his "victory" over the tin pot dictator of a sand hole.
He put hs determined face on (as if he is playing tennis) and claimed he would bring back powers from Europe.
I'll believe that when I see it, but in my opinion he would be better for all concerned, our people, workers and pensioners but possibly not the bankers if he brought back the billions we now give to Europe.

IT'S OUR MONEY AND YOU HAVE NO MANDATE TO GIVE IT AWAY.

WE WANT IT BACK.