Wednesday, 5 October 2011


This morning David Cameron was in a quandary.
His speech to the Tory conference was to contain the advice to people to pay their credit card bills and save more.
What a fool he was to consider this and he soon realise what a mistake he had made in many aspects.
He realised that he had made a mistake and hastily amended his speech (possibly some banker friends had been to see him).

First it is easy for him, a multimillionaire to advise squeezed families to cut their debts when the pain does not affect him and that statement would look bad on him from a political point of view.

BUT the main boob he made was that if people reduced their debts his banker friends would have less money to leech from. Also the "High Street" also owned by his rich friends would suffer.
Now I don't care if the high street shops do suffer as they create few jobs and build their business on importing Chinese tat which has the advantage of boosting the shops profits and the debts the banks hold on people.

I do believe that IF POSSIBLE people should endeavour to only buy what is absolutely necessary and pay their credit bills off. This would free them from the clutches of the bankers and other usurers, but the words are IF POSSIBLE.

I do think many people buy too much new stuff,(possibly because I am of an older generation), phones, cars, furniture etc when the items they have are adequate for their use. A look in skips and recycling facilities proves this.
The idea that all this consumption creates jobs is a myth.
Ninety percent of these purchases are foreign goods, and provide no employment in this country apart from the sales assistants.

If gradually over a period of years we could rid ourselves of this consumption obsession and the associated debt we would all be just as happy and a lot more prosperous.
The banks would be poorer as would people like Philip Green who has made his billions by buying cheap foreign tat and selling it at a good profit.

Most people have clothes they never wear much of it bought on credit and it is not necessary for a decent standard of living.

We have enough to pay out for council taxes and fuel, let alone food and these are the items which DO matter.

Now we come back to Mr Cameron.

It is no good him advising thrift when he is giving billions in foreign aid, spending in foreign wars and donating to the EU.

If we, the people did not have these weights around our necks we could have lower taxes and be able to pay our credit cards off.


Thrift like charity begins at home Mr Cameron. Don't tell us you are saving when in August your government spent twelve billion more than it took in taxes.


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